Medellín, Juan Camilo
Below are the contents available on the site related to the query.
- Publicación |In contexts of sustained depreciation, firms face a trade-off between investing and engaging in financial hedging, suggesting the need for policies that improve the liquidity and accessibility of the derivatives market to reduce these costs and foster investment.
- Publicación |Market frictions and banking regulations limit the liquidity of the derivatives market, particularly affecting large firms. Foreign exchange interventions have asymmetric effects: they implicitly protect small firms under low intervention scenarios, but benefit large firms when intervention is high.
- Publicación |
Presentation titled "Public savings and the effectiveness of Sterilized Foreign Exchange Intervention", delivered during the Seminar of the EEP Journal (Challenges of Fiscal Policy in the face of the Recent Macroeconomic Uncertainty), organized by Banco de la República at the Events Center of…
- Eventos |
Abstract:
- Eventos |
Abstract: Desentrañamos empíricamente los efectos de corto y mediano plazo de los movimientos del tipo de cambio sobre la inversión de las empresas no financieras en Colombia entre 2005 y 2019. Encontramos que una depreciación estructural del peso afecta negativamente la…
