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Too Late but Profitable: Railroads in Colombia during 1920-1950
Adolfo Meisel R.; María Teresa Ramírez G.; Juliana … - BANCO DE LA REPÚBLICA - 2014
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
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Health Status and Labor Force Participation: Evidence for Urban Low and Middle Income Individuals in Colombia
Iregui-Bohórquez, Ana María; Melo-Becerra, Ligia Alba; … - BANCO DE LA REPÚBLICA - 2014
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
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A Historical Analysis of Central Bank Independence in Latin America: The Colombian Experience, 1923-2008
Meisel, Adolfo; Barón, Juan David - BANCO DE LA REPÚBLICA - 2009
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
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An Industrial Organization Analysis for the Colombian Banking System
Rozo, Sandra; Vásquez, Diego; Estrada, Dairo - BANCO DE LA REPÚBLICA - 2008
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
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El ahorro de los hogares en Colombia
Melo, Ligia; Zárate, Héctor; Tellez, Juana - BANCO DE LA REPÚBLICA - 2006
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
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The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter
García-Suaza, Andrés Felipe; Gómez-González, Jose … - BANCO DE LA REPÚBLICA - 2011
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
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Lack of Credibility, Inflation Persistence and Disinflation in Colombia
Andrés González G.; Hamann, Franz - BANCO DE LA REPÚBLICA - 2011
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
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Failing and Merging as Competing Alternatives during Times of Financial Distress: Evidence from the Colombian Financial Crisis
Gómez-González, Jose Eduardo; Mendoza, Juan Carlos - BANCO DE LA REPÚBLICA - 2010
This paper studies the determinants of individual bank failures and M&A processes in Colombia during the financial …
Persistent link: https://www.econbiz.de/10008594404
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El comercio Colombo-Venezolano: características y evolución reciente
Umaña, María del Pilar Esguerra; Uribe, Enrique Montes; … - BANCO DE LA REPÚBLICA - 2010
de los precios del petróleo. En el caso de Colombia, no debe despreciarse el papel que han tenido las políticas … mercados que Colombia requiere para disminuir su dependencia no sea fácil e inmediata. El impacto final de la caída del … comercio con Venezuela en el largo plazo sería de una pérdida de exportaciones reales para Colombia de 3,08% y del PIB de 1 …
Persistent link: https://www.econbiz.de/10008465234
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PRODUCTIVIDAD REGIONAL Y SECTORIAL EN COLOMBIA:ANÁLISIS UTILIZANDO DATOS DE PANEL
Iregui, Ana María; Melo, Luis Fernando; Ramírez, … - BANCO DE LA REPÚBLICA - 2006
En este documento se estimó la productividad total de los factores (PTF) y las elasticidades de los factores para la industria manufacturera colombiana, por área metropolitana y sector económico, durante el período 1975-2000, con el fin de incorporar las diferencias regionales en el...
Persistent link: https://www.econbiz.de/10005196692