L22

A continuación, se listan los contenidos disponibles en el portal relacionados con la consulta.

  • Publicación |
    Nuestros resultados muestran que los controles de capital reducen las entradas de deuda en moneda extranjera y que la reducción es relativamente más fuerte para las empresas con mayor endeudamiento en moneda extranjera ex ante.
  • Publicación |

    In complex systems, homogeneity (i.e. lack of diversity) has been documented as a source of fragility. Likewise, financial sector’s homogeneity has been documented as a contributing factor for systemic risk. We assess homogeneity in the Colombian case by measuring how similar banks are regarding…

  • Publicación |

    Mergers of firms producing complementary products have ambiguous effects on consumer welfare. Consumers benefit if the firm, motivated by the internalized profits created by the complementarity, lowers prices. Consumers are hurt if the firm uses bundles to exert price discrimination, making…

  • Publicación |

    The effect of the Global Financial Crisis (GFC) has been substantial across markets and countries worldwide. We examine how the GFC has changed the way equity markets group together based on the similarity of stock indices’ daily returns. Our examination is based on agglomerative clustering…

  • Publicación |

    We study the relationship between total factor productivity (TFP) and exporting decisions for Colombian manufacturing firms during 2005-2013. We find that productivity increases a firm's probability of being an exporter, and that exporters have higher productivity, with a premium as high as 85…