Determinants of inflation expectations in Colombia: a VAR-X analysis
Abstract Purpose: This study aims to investigate the determinants of inflation expectations in Colombia through a vector autoregression model with exogenous variables (VAR-X) and uses quarterly data for survey-based inflation expectations and different supply shocks. Design/methodology/approach: We propose a VAR-X model. Despite data unavailability, we gathered quarterly data for the period 2005-2022 for the following […]
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