Bogotá, Colombia
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- Publicación |Colombian farmers participating in the game overvalue irrigation water, paying between 3 and 4 tokens when its real value is only 1 token. This reflects a perception of scarcity and rivalry in access to the resource.
- Publicación |The increase in stranded asset risk, as implied by the Paris Agreement, correlates with a 46% decrease in bank credit to fossil fuel companies relative to other economic sectors.
- Publicación |The results are relevant for future discussions on climate policies, as they indicate that carbon taxes will be effective but probably more regressive than previously thought.
- Publicación |For 2017, it was found that most imports were destined for intermediate consumption, especially for the manufacturing and trade sectors, and that these sectors, therefore, may be the most affected by changes in non-tariff measures and the value of imported goods.
- Publicación |The analysis shows how the demand for cash and checks from 1923 to 2023 was shaped by economic activity, inflation dynamics, the development of the financial system, technological innovation, and significant historical shocks such as wars, political instability, or the Covid-19 pandemic.
- Publicación |Forecast evaluation measures support the implementation of this method, and the results show a reduction in the error of inflation forecasts across various time horizons.
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In August 2024, it was projected that family remittance income received in Colombia surpassed USD 1000 million for three consecutive months, an amount of USD 187 million above the monthly average for 2023. The sustained increase of this external income has enhanced the signifcance of this…
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The global economy experienced a substantial rise in infation in the aftermath of the COVID-19 pandemic and ensuing disruptions in the international supply chain, in addition to the impact on international energy prices resulting from the war between Russia and Ukraine. In emerging economies,…
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Rent is the most important CPI component for Colombian households, representing approximately one-fourth of the household’s index expenditures. Price increases for this component exhibit signifcant inertia because they are indexed to the headline infation of the prior year. In turn, this…
- Publicación |I. Performance of Credit Institutions (CIs)CIs in Colombia have adequate capital and liquidity levels to face risk materialization, both at the individual and consolidated levels.As of the third quarter of 2024, total assets and the gross loan portfolio of CIs continued to contract, although at a…
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Resumen
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Resumen
- Publicación |The disruption in container freight rates caused a 0.4% loss in welfare in Colombia. This percentage represents a decrease in the present value of the population's consumption due to the drop in real wages and is attributable solely to the direct effects of freight rates on the goods that Colombia…
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- Publicación |We contribute to the empirical literature on housing subsidies by showing that a change in their targeting can increase the supply of credit.
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