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In 1995, when contagion from the tequila crisis was spreading in Latin America, both Chile and Colombia were exempt from contagion and presented high rates of economic growth. Several analysts attribute this positive performance to the fact that both had undertaken prudential measures to avoid…

CPI Monthly Percentage Change, Real Value Unit

   

At the end of the last decade, the real activity in Colombia underwent the sharpest recession of the last fifty years. We postulate a non-triangular structural VAR model (Amisano and Giannini, 1997) to describe the dynamics of output, prices, unemployment and wages during the last two decades. The…

Banco de la República (the Central Bank of Colombia) is responsible for ensuring the supply of banknotes and coins  in its different denominations, which it does by distributing payments to the different credit institutions, commercial establishments and to the general public. For their part,…

Abstract The studies aiming to answer if wealthier areas in Colombia are growing at a slower pace than poorer areas have yielded mixed results. This chapter updates such estimates of unconditional beta convergence of the GDP per capita for the first years of the 21st century, when substantial…

The opinions expressed in this document are those of the authors and do not necessarily reflect the views of Banco de la República or its Board of Directors..   ABSTRACT  

Read the latest Regional Economic Bulletins (Boletines Económicos Regionales, BER), which gather information on economic activity in eight regions of the country during the first quarter of the year.

The Regional Economic Bulletin is a quarterly publication produced since 2003, whose purpose is to provide economic agents and the general public with periodic, reliable, and timely information on the evolution of the main economic activity variables of the country's regions according to the Banco…

Translated summaries available since: 2025 | Spanish since: 2003 | Periodicity: Quaterly

 Bogotá  (Bogotá D.C., Cundinamarca)

See the recent Regional Economic Bulletins (BERs) that gather information on the economic activity in eight regions of the country during the second quarter of 2024..

The opinions expressed in this document are those of the authors and do not necessarily reflect the views of Banco de la República or its Board of Directors..   ABSTRACT  

See the latest editions of the Regional Economic Bulletin (REB) for information on economic activity in eight regions of the country during the first quarter of the year.

  Bogotá (Bogotá D.C., Cundinamarca)

Se presenta evidencia clara a favor de la hipótesis de que la estructura a plazo real contiene información sobre las expectativas de la actividad económica en Colombia para los plazos entre 6 y 12, 6 y 24, y 12 y 24 meses adelante. Los signos de los coeficientes estimados son, en todos los casos,…

The books that make up this collection contribute to reduce regional gaps, deepen the knowledge of the most remote regions, and increase the study of urban and environmental issues, all of which are increasingly significant topics for the country.

Since: 1990

AbstractA vast amount of literature in Colombia has studied differentials in working conditions and income inequalities. Empirical results have shown that inequalities in the country have been persistent. Disparities in the health conditions of individuals have received less attention in a country…

Abstract The extraction of non-renewable natural resources has the potential to generate revenue to finance government activities. One of the most used tax tools is the collection of royalties from mining projects because they are usually unrelated to their profitability. Royalties often have…

No previous work has focused on the analysis of the regional and interregional structure and structural changes in Colombia. An initial exploration using a parsimonious approach to the measurement of interregional interaction suggested a country with limited spatial interdependency. These findings…

AbstractThis article studies the effect of gender identity social norms on relative income and time use in Colombia’s households. I find a discontinuity in women’s relative income distribution, precisely in the point when they exceed men’s income. This phenomenon has been observed in other…

Abstract We combine two modifications to the standard (current and total income) collateral constraint that has been commonly used in models that analyze financial crisis interventions. Specifically, we consider an alternative constraint stated in terms of future and disposable income. We find…

In a previous paper (Parra-Polania and Vargas, 2015) we modify the financial constraint of a very standard model to incorporate the fact that international lenders take into account that taxes (or subsidies) affect borrowers’ income available for debt repayments, and find that ex-post interventions…