Credibility of Colombia's exchange rate target

ARTICLE - In a fairly technical article in the Quarterly Review of Economics and Finance, Arturo Jose Galindo from the Inter-American Development Bank analyses the credibility of Colombia's exchange rate target zone. His results suggest that there is evidence of lack of credibility even before the recent international financial turmoil was triggered.

The credibility of the Colombian exchange rate target zone: Its impact over the volatility of interest rate differentials

Arturo Jose Galindo from

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