On the occasion of the centenary of the issuance of Law 25 of 1923, through which Banco de la República was created, the Bank has decided to complement and update the institutional history originally published in 2015, a volume that remains an…
Tenjo-Galarza, Fernando
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- Publicación |Foreword to the second edition (expanded version)
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In this document we estimate credit and GDP cycles for three Latin-American economies and study their relation in the time and frequency domains. Cycles are estimated in order to analyze their medium and short-term frequencies. We find that short-term cycles are usually more volatile than medium…
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Abstract
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