Algunas consideraciones acerca del proyecto de investigación "Los Costos de la Desinflación en Colombia: Una Aproximación desde el Modelo Buiter-Miller"

Abstract

This article synthesizes the motivation and methodology employed in the research project "The Disinflation Costs in Colombia. An Approximation from Buiter-Miller Model" related to the possible disinflation costs of Colombia since the last decade, principally the pronounced disinflation episode (1998 to 2003). The scope of the named project was to establish the real importance of monetary policy over other economic activity results (production, real interest rate and real exchange rate).