Explaining Inflation in Colombia : A Disaggregated Phillips Curve Approach /

We study inflation dynamics in Colombia using a bottom-up Phillips curve approach. This allows us to capture the different drivers of individual inflation components. We find that the Phillips curve is relatively flat in Colombia but steeper than recent estimates for the U.S. Supply side shocks play...

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Bibliographic Details
Main Author: Lanau, Sergi
Other Authors: Robles, Adrian, Toscani, Frederik
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/106
Online Access:Full text available on IMF