Uruguay: Two Years of Monetary Policy in Adverse Conditions Comments by Víctor Olivo The views expressed in this documents are those of the author and should not be interpreted as those of the Central Bank of Venezuela. Some similarities to the Venezuelan case.
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Uruguay: Two Years of Monetary Policy in Adverse ConditionsComments by Víctor OlivoThe views expressed in this documents are those of the author and should not be interpreted as those of the Central Bank of Venezuela.
“A systematic approach to policy provides an explicit framework for decisionmaking within the bank, but that is also used to explain the bank´s decisions to the public” (Woodford, 2003, p. 14)
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