The purpose of this article is to analyze the main methodologies put forward for the determination of the social rate of discount in order to describe the central elements that allow to link environmental concerns to existing alternatives for the determination of this rate. Through the...

The behavior of Colombian politics over recent years, associated to the set of interventions on the exchange market, is the stylized fact that motivated this study. The objective is to measure the relative size of currency exchange interventions during 2004 and 2006, a period of appreciation of...

The Bank Credit Channel, which amplifies the effects of the traditional channel of monetary policy, emphasizes on the structure and frictions of financial markets as determinants of aggregate spending. This paper aims at analyze and verify the existence of the bank credit channel in Colombia...