This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate … the appreciation of Colombia's currency, or increased the degree of independence of monetary policy. We also find that … controls have significantly increased the volatility of the exchange rate. Additional research is needed to assess …

This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted …

Intro -- Contents -- I. INTRODUCTION -- II. METHODOLOGY AND DATA -- III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN …

During 2001-07, increases in mature market volatility were associated with declines in forex returns for East Asian … increase in mature market equity volatility generated an exchange rate depreciation of up to ½ percent. This sensitivity rose …

volatility. In addition, we also find evidence of a large and persistent effect on firms with highly irreversible investment …This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …

investment, or a ""volatility trap."" Namely, big savers invest relatively little. In contrast, low volatility of permanent … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store …

&D investment in manufacturing is quite high in Colombia compared to other countries, particularly for smalle …Do tax incentives for science and technology stimulate additional investment? We use detailed data on applications and …-2002 Survey of Manufacturers database in Colombia to analyze this question. We estimate the effect of the R&D tax deduction …

of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement … security system in Colombia is roughly 160 percent of GDP for pensions and about 97 percent of GDP for the health system …

We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …