Amador, Juan Sebastián; Gaitán-Maldonado, Celina; … - Banco de la Republica de Colombia - 2014
The history of economic recessions has shown that every deep downturn has been accompanied by disruptions in the financial sector. Paradoxically, up until the financial world crisis of 2007-2009, little attention was given to macroeconomic and financial interdependence. And, in spite of a...