manufacturer's demand of credit, which we use to address the reverse causality between a manufacturer's export revenue and its … demand for credit. We find that access to credit produces a significant increase on a manufacturer's export revenue explained … effect of credit on a manufacturer's export revenue varies by size. While medium sized manufacturers use credit to increase …

, labor formality, and growth of a reduction in non-wage labor costs in Colombia. First, and following Hall and Jorgensen … model calibrated for Colombia, we estimate that the reduction of the "pure tax" component of non-wage labor costs approved …

of productive development policies in Colombia. These policies are increasingly designed in the context of formal …

crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …