<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2248-6046</journal-id>
<journal-title><![CDATA[Revista Finanzas y Política Económica]]></journal-title>
<abbrev-journal-title><![CDATA[Finanz. polit. econ.]]></abbrev-journal-title>
<issn>2248-6046</issn>
<publisher>
<publisher-name><![CDATA[Universidad Católica de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2248-60462022000200375</article-id>
<article-id pub-id-type="doi">10.14718/revfinanzpolitecon.v14.n2.2022.4</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Efectos de la comunicación del banco central sobre el desacuerdo en las expectativas de la tasa de política monetaria: evidencias para Colombia]]></article-title>
<article-title xml:lang="en"><![CDATA[Effects of the central bank communication on the expectations disagreements of the monetary policy rate: evidence for Colombia]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Anzoátegui-Zapata]]></surname>
<given-names><![CDATA[Juan Camilo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Galvis-Ciro]]></surname>
<given-names><![CDATA[Juan Camilo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Latinoamericana Facultad de Economía ]]></institution>
<addr-line><![CDATA[Medellín ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Pontificia Bolivariana Facultad de Economía ]]></institution>
<addr-line><![CDATA[Medellín ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2022</year>
</pub-date>
<volume>14</volume>
<numero>2</numero>
<fpage>375</fpage>
<lpage>409</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2248-60462022000200375&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2248-60462022000200375&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2248-60462022000200375&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo de este trabajo es investigar los efectos de la comunicación del banco central en la formación del pronóstico de la tasa de interés de política monetaria. Para ello, es utilizado como estudio de caso la economía colombiana para el periodo 2014-2020. La metodología empleada consiste en evaluar los efectos de la información suministrada en las minutas, el volumen de noticias y las publicaciones del banco central sobre los desacuerdos en las expectativas del mercado financiero. Por medio de regresiones econométricas, y utilizando el método GMM y la metodología VAR de impulso-respuesta, se encuentra que las decisiones de política que se realizan en consenso, así como la claridad en la redacción de las minutas, tienen la capacidad de reducir las discrepancias entre los agentes.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The aim of this paper is to research the effects of the central bank's communication on the forecast of the monetary policy interest rate. To do this, we analyze the case of the Colombian economy for the period 2014-2020. The methodology used consists of evaluating the information provided in the minutes, the volume of news and the central bank's publications and evaluating their effects on the disagre-ements in the expectations of the financial market. Through econometric regressions and using the GMM method and the impulse-response VAR methodology, it is found that policy decisions made by consensus, as well as clarity in the drafting of minutes, reduce uncertainty among agents.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[desacuerdos]]></kwd>
<kwd lng="es"><![CDATA[expectativas de tasa de interés]]></kwd>
<kwd lng="es"><![CDATA[comunicación]]></kwd>
<kwd lng="es"><![CDATA[política monetaria]]></kwd>
<kwd lng="es"><![CDATA[Banco Central]]></kwd>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
<kwd lng="es"><![CDATA[econometría]]></kwd>
<kwd lng="en"><![CDATA[disagreements]]></kwd>
<kwd lng="en"><![CDATA[interest rate expectations]]></kwd>
<kwd lng="en"><![CDATA[communication]]></kwd>
<kwd lng="en"><![CDATA[monetary policy]]></kwd>
<kwd lng="en"><![CDATA[central bank]]></kwd>
<kwd lng="en"><![CDATA[Colombia]]></kwd>
<kwd lng="en"><![CDATA[econometrics]]></kwd>
</kwd-group>
</article-meta>
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</ref>
</ref-list>
</back>
</article>
