As part of the accountability process required by law, the Board of Directors of Banco de la República (the Central Bank of…
Blog BanRep
New Evidence on the Impact of the Minimum Wage on Labor Informality
Labor regulation protects workers, but it also imposes costs on employers. There is evidence that such costs may cause informality and…
Persistence of Inequality in Colombian Education: A Historical Analysis
Education is the fundamental mechanism for accumulating human capital that allows social mobility across generations, overcoming poverty, and…
Banco de la República's environmental management: a strategy on every front
This year, coinciding with the celebration of its 100th anniversary, Banco de la República (the Central Bank of Colombia)…
Incomplete Dollar Pass-Through to Consumer Goods Prices: the Case of New Cars
Between mid-2014 and late 2015, the Colombian peso experienced a depreciation that took the price of the US dollar from COP 1,900 to COP 3,000.…
Factors behind Women’s Empowerment in the Colombian Labor Market
During the 20th century, women in Colombia achieved an important milestone by significantly increasing their participation in the labor market,…
