Inflation Uncertainty and Growth in Colombia

This book PDF is perfect for those who love Business & Economics genre, written by Mr.Henry Ma and published by International Monetary Fund which was released on 01 November 1998 with total hardcover pages 31. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Inflation Uncertainty and Growth in Colombia books below.

Inflation  Uncertainty  and Growth in Colombia
Author : Mr.Henry Ma
File Size : 45,5 Mb
Publisher : International Monetary Fund
Language : English
Release Date : 01 November 1998
ISBN : 9781451981582
Pages : 31 pages
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Inflation Uncertainty and Growth in Colombia by Mr.Henry Ma Book PDF Summary

It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low levels in the 1950s to average rates of 18–22 percent since the 1970s, has been accompanied by increased uncertainty and relative price dispersion; and that inflation has had a negative and persistent effect on real GDP growth.

Inflation  Uncertainty  and Growth in Colombia

It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low

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