The COVID-19 pandemic caused an economic contraction and an increase in the unemployment rate unprecedented in Colombia’s history. At the time of…
Blog BanRep
Blog BanRep: Macroeconomic Results in 2024 and Outlook for 2025
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…
Blog BanRep: 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…
Blog BanRep: 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.…
Blog BanRep: 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,…
