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Monetary policy under uncertainty and learning
Huge swings in oil, food, and other commodity prices and the global financial crisis are at the core of current monetary policy discussion. The latter events are vivid reminders of how uncertainty, imperfect knowledge, and the need to learn affect macroeconomic behavior and the conduct of monetary ...
RPM 13 de octubre 2011
Acta correspondiente a la Sesión de Política Monetaria No. 177, celebrada el 13 de octubre de 2011.
Memoria anual 2018
La Memoria Anual es uno de los mecanismos con que el Banco Central da cuenta de su gestión. De conformidad con lo previsto en la Ley Orgánica Constitucional, este documento describe las actividades realizadas por el Banco durante el año, informando acerca de la ejecución de las políticas y programas ...
Monetary policy under financial turbulence
The financial crisis that started in 2007 brought the global economy to the brink, and in many respects it is still unfolding, especially in Europe. While a fierce debate continues on how to understand and deal with the crisis, a consensus is emerging with regard to the originating shocks, the mechanisms ...