Cambios de la Tasa de Política y su Efecto en la Estructura a Plazo de Colombia

Luis Arango Thomas, Andres Gonzalez, John León-Díaz and Luis Fernando Melo.
Authors registered in the RePEc Author Service: Luis Fernando Melo-Velandia

Latin American Journal of Economics-formerly Cuadernos de Economía, 2008, vol. 45, issue 132, 257-291

Abstract: This paper analyzes the effects of changes of Banco de la República’s policy interest rate in the term structure. The evidence suggests that, in daily frequency, these reactions are not significant. However, with weekly data we found an anticipated reacti

Keywords: Tasas de Política; estructura a plazo de tasas de interés; hipótesis de paridad descubierta; transparencia; credibilidad (search for similar items in EconPapers)
JEL-codes: E43 E52 F31 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (4)

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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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