Showing 1 - 10 of 73
decisions in Colombia. We estimate that cycles in worldGDP, export prices and capital inflows are strongly associated with the …
Persistent link: https://www.econbiz.de/10005597638
crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
Persistent link: https://www.econbiz.de/10010828188
The sudden collapse of oil prices poses a challenge to inflation targeting central banks in oil exporting economies. This paper illustrates that challenge and conducts a quantitative assessment of the impact of permanent changes in oil prices in a small and open economy, in which oil represents...
Persistent link: https://www.econbiz.de/10011195737
dollars from the United States as compensation for its role in the separation of Panama from Colombia. Those reforms and the … the internal rates of return on individual railroads. For those calculations, we consider that Colombia ended up paying …
Persistent link: https://www.econbiz.de/10010885939
This paper uses the first wave of the Colombian Longitudinal Survey (ELCA) to analyze the relationship between individual health status and labor force participation. The empirical modeling strategy accounts for the presence of potential endogeneity between these two variables. The results show...
Persistent link: https://www.econbiz.de/10010946012
study the experience of Colombia (1923-2008). Since its creation, in 1923, Colombia´s central bank has undergone several …
Persistent link: https://www.econbiz.de/10005014551
This paper presents two versions of a spatial competition model forthe banking sector. The first version, describes a framework that fol-lows closely Salop´s spatial competition model. This version is modi-fied in the second part by introducing the loan market and default riskprobabilities for...
Persistent link: https://www.econbiz.de/10005262660
En este documento se presenta un análisis del comportamiento del ahorro de los hogares y sus determinantes, considerando una perspectiva de largo plazo para el periodo 1950-2004 y una de corto plazo a nivel microeconómico, utilizando la información de las encuestas de calidad de vida de 1997...
Persistent link: https://www.econbiz.de/10005262755
Using a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustments in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important...
Persistent link: https://www.econbiz.de/10009643092
This paper measures inflation persistence in Colombia for the period 1990-2010 and estimates the implied speed at which … associated to 100 basis points inflation target shocks and find that it is (0.83%) in line with previous estimates for Colombia …
Persistent link: https://www.econbiz.de/10009643481