Redirigiendo al acceso original de articulo en 18 segundos...
ARTÍCULO
TITULO

Models for the basic inflation of goods trasables and non transables in Colombia

José Luis Torres Trespalacios    

Resumen

In this work models of short term are considered to foretell the inflation of transables and non transables goods in Colombia. These models did not exist in the Central bank before 2004 and are very useful for the decision making of monetary policy. Also the benefits are evaluated, in capacity and analysis terms prognosis, to use methods that capture the possible nonlinearity of the curve of Phillips in the Colombian data. Although different reasons exist that justify a relation nonlinear of short term between product and inflation, each one of them suggests a different form for the curve. Therefore, the flexible square minimums are used artificial neuronal networks (ANN) and (FLS), procedures that have the great advantage of which they beforehand do not impose any functional form that can slant the results. Once the estimation is made of the models of inflation of transables and of non transables, the prognoses of these two nonlinear models with those of two linear estimations are compared, the impulse functions are analyzed answer of each one of the models and in addition a test of nonlinearity is made. One is that the curve of Phillips in Colombia could be nonlinear and therefore turns out pertinent to consider models nonlinear for his estimation. Finally, with these models it is tried to explain the process of desinflación that has lived the Colombian economy in the last years as much in the inflation on transables, like in the one of non transables.

 Artículos similares

       
 
Chris van Heerden,Andre Heymans,Yudhvir Seetharam    
AbstractCentral banks currently perform inflation expectation surveys in order to better align their inflation expectations with that of the general public. However, surveys are time-consuming, complicated, expensive and not always accurate, thus comprom... ver más

 
Sinem Celik Girgin, Thanasis Karlis and Hong-Oanh Nguyen    
The maritime industry is one of those rare industries that are both highly international integrated to international trade and also highly capital intensive dependent on substantial investment amount. In the literature, ship investments have not been wid... ver más

 
Alexey V. Bataev     Pág. 123 - 128
The paper considers consequences of the global economic crisis and the Western sanctions imposed on the banking system of Russia. Banks have to decrease the expenses in the conditions of limited access to financial resources and decline in business activ... ver más

 
Almas Kuralbayev,Burhan Sevim,Nurjan Abishev     Pág. 262 - 268
The article deals with the modeling the demand for inbound tourism in Kazakhstan and in the regions. The panel data for 16 countries was used - the basic sources of tourist flows and the period from 2010 to 2014. Modeling is carried out separately for th... ver más

 
Ejaz Gul     Pág. 27 - 32
Woman has been the crucial socio-economic sufferer especially those living in the rural areas of developing countries. It has been established through extensive research that women represent the major percentage of poor on the global landscape. Why it is... ver más