The COVID-19 pandemic significantly altered the way merchants do business. Preventive confinement, health restrictions and fear of contagion…
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Population Aging and the Costs of the Pension System
Population aging poses a serious challenge to the Colombian pension system. Graph 1, taken from the document…
Internationalization and Colombia's Foreign Trade: Diagnostic Coincidences
The Internationalization Mission convened by the National Government with the participation of renowned international…
The effects of Part-Time Social Security Contributions on the Colombian Labor Market
In 2014, Decree 2616 introduced a change in regulation that lowered payroll taxes for low-income, part-time workers in Colombia. The reform made…
Inflation expectations anchored to Banco de la República’s target
Inflation expectations correspond to what economic agents believe inflation will be in the future. This is a variable that is relevant to monetary…
