Showing 1 - 10 of 102
regime of nominal exchange rate bands. Initial conditions in Colombia contrast sharply with those of other cases in which …
Persistent link: https://www.econbiz.de/10012781913
This paper focuses on monetary and exchange rate policies in Colombia, with particular emphasis on the period 1999 … of reductions in the reference rates of the Central Bank of Colombia is also assessed. We find that a lower central bank … Taylor rules in an open-economy framework for Colombia …
Persistent link: https://www.econbiz.de/10012783127
This paper uses a multivariate filter and a production function to project potential growth inColombia, modeling in detail the impact of low oil prices on investment. The framework alsocaptures the impact of current and planned policies on potential growth, including the peaceagreement with the...
Persistent link: https://www.econbiz.de/10012942332
This paper presents a comparative analysis of the macroeconomic adjustment in Chile,Colombia, and Peru to commodity …
Persistent link: https://www.econbiz.de/10012944968
weak performance of Colombia's manufacturing sector in recent years. This paper examines the effects of the real exchange … rate, external and domestic demand, and structural changes on firms' profitability in Colombia's manufacturing sector …
Persistent link: https://www.econbiz.de/10013021774
Financial inclusion has been one of the key pillars of Colombia's development strategy for anumber of years. Financial …
Persistent link: https://www.econbiz.de/10013046307
After building up foreign currency denominated (FC) liabilities over several years, Colombian firms might be vulnerable to a shift in external conditions. We undertake three empirical exercises to better understand these vulnerabilities. First, we identify the determinants of FC borrowing....
Persistent link: https://www.econbiz.de/10012929949
This study analyzes foreign investment in Colombia’s financial system, chronicling major changes in legislation … estimations reveal that financial liberalization in general had a beneficial impact on bank behavior in Colombia. Although the …
Persistent link: https://www.econbiz.de/10013212039
sectors of Colombia and Mexico. The findings show that investment patterns in these countries resemble those reported for the …
Persistent link: https://www.econbiz.de/10013321421
Colombian house prices have increased significantly between 2005 and 2016. This paper estimates the extent of misalignments in house prices relative to fundamentals and evaluates the overall risk to the economy from the housing sector. The results suggest a moderate house price misalignment...
Persistent link: https://www.econbiz.de/10012947826