Working Papers on Economics

Anomaly detection methods aim at identifying observations that deviate manifestly from what is expected. Such methods are usually run on low dimensional data, such as time series. However, the increasing importance of high dimensional payments and exposures data for…

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Las opiniones contenidas en este documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors

We provide evidence on the long-run impact of vouchers for private secondary schools, evidence collected twenty years after students applied for the vouchers. Prior to the voucher lottery, students applied to either an academic or vocational secondary school, an important…

Two FX policy issues are discussed based on the recent Colombian experience. First, the increased participation of foreign investors in local bond markets since 2014 induced a reassessment of international reserve adequacy. We present the resulting LCR-type methodology to evaluate…

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors.

The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors

Although transactions of foreign exchange market intermediaries with the real sector in the peso-dollar market are low in comparison to the ones with offshore agents, it is important to understand the behavior of the real sector and its impact on the exchange market. This paper assesses…