monetarypolicy – Alberto Ortiz Bolaños

What was the role played by the inflation formation processes, monetary policy, and shocks volatilities in the inflation dynamics of Brazil, Chile, Colombia, Mexico, and Peru?

In this presentation (https://lnkd.in/gupfXu85) we analyze the role played by monetary policies, inflation determinants, and shocks. We allow for endogenous structural breaks and classify regimes according to (1) the relative weight of inflation in an interest rate reaction function, which measures the Central Bank’s commitment to fight inflation, (2) the relative slope of the PhillipsContinue reading “What was the role played by the inflation formation processes, monetary policy, and shocks volatilities in the inflation dynamics of Brazil, Chile, Colombia, Mexico, and Peru?”

Financial conditions and monetary policy: the importance of non-linear effects

In this research project, we show the importance of considering non-linearities when analyzing financial conditions and the macroeconomic-financial linkages. Conclusions include: