The macroprudential policy framework in Colombia


Series: 
Working Papers
Number: 
1014
13
September
2017
Author(s) / Editor(s): 
Hernando Vargas
Pamela Cardozo
Andrés Murcia
Publishing House: 
Banco de la República
JEL Classification: 

Macroprudential policy in Colombia is described along with a discussion of the main challenges faced by the authorities in implementing it and a review of episodes in which macroprudential measures were taken. An overview and some estimates of their effectiveness in preventing the buildup of imbalances, increasing buffers and cushioning downswings are presented.

 

The series Borradores de Economía is published by the Economic Studies Department at the Banco de la República (Central Bank of Colombia). The works published are provisional, and their authors are fully responsible for the opinions expressed in them, as well as for possible mistakes. The opinions expressed herein are those of the authors and do not necessarily reflect the views of Banco de la República or its Board of Directors.

Category / Classification: 
Documentos en elaboración

Contenido disponible en / Available in:

  • Español
  • English

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