Aplicación de los instrumentos de la política monetaria a partir de la fijación de la inflación objetivo y su incidencia en el crecimiento económico de Colombia.

This paper analyses the relationship between the inflation target, economic growth and the monetary interest rate within the framework of the inflation targeting regime adopted by Colombia. Through a multiple linear regression model, it identifies how these variables interact and contribute to the m...

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Autores:
Tipo de recurso:
Fecha de publicación:
2025
Institución:
Universidad de América
Repositorio:
Lumieres
Idioma:
spa
OAI Identifier:
oai:repository.uamerica.edu.co:20.500.11839/9765
Acceso en línea:
https://hdl.handle.net/20.500.11839/9765
Palabra clave:
Economía
Estabilidad
Inflación
Economy
Stability
Inflation
Tesis y disertaciones académicas
Rights
License
Atribución – No comercial
Description
Summary:This paper analyses the relationship between the inflation target, economic growth and the monetary interest rate within the framework of the inflation targeting regime adopted by Colombia. Through a multiple linear regression model, it identifies how these variables interact and contribute to the management of monetary policy. The results highlight that, although the Banco de la República has managed to maintain inflationary stability by adjusting interest rates, the impact on economic growth has been limited due to structural and external factors. In addition, a significant relationship is evident between total inflation and the interest rate with the inflation target, which underlines the relevance of these tools in shaping economic expectations. However, challenges are identified such as the need to diversify the economy and complement monetary policy with fiscal and structural policies that promote sustainable and inclusive development.