01775cas a2200313 a 4500 AALejournalIMF000752 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451981582 1018-5941 BD-DhAAL BD-DhAAL Ma, Henry. Inflation, Uncertainty, and Growth in Colombia / Henry Ma. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Inflation Uncertainty imf Inflation imf Price Dispersion imf Relative Price Dispersion imf WP imf Colombia imf IMF Working Papers; Working Paper ; No. 1998/161 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/161/001.1998.issue-161-en.xml IMF e-Library