Guarín, Alexander; Moreno, José Fernando; Vargas, Hernando - In: ENSAYOS SOBRE POLÍTICA ECONÓMICA (2014)
We study the relationship between US and Colombian sovereign debt interest rates between 2004 and 2013. We also evaluate the response of the Colombian long-term bond yield and other asset prices to shocks to the US long-term Treasury rate. Two empirical exercises are performed. First, we use a...