Servicios
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A major breakthrough in the area of macroeconomics was the unifi cation of business cycle and growth theories by Kydland and Prescott (1982); accordingly, exogenous stochastic technological innovations —i. e. fl uctuations in total factor productivity (TFP) or supply shocks— would explain most…
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The Investment Budget includes the estimate of the resources necessary for the acquisition and replacement of movable and immovable property, cultural property, and software required for the performance of the functions assigned to the Bank. The operating budget is divided into three main…
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The Investment Budget includes the estimate of the resources necessary for the acquisition and replacement of movable and immovable property, cultural property, and software required for the performance of the functions assigned to the Bank. The operating budget is divided into three main…
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1994-2003 (P)
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1990-2002
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We study the effects of changing labor supply on total output in a setting of factor saving innovations where the choice of technologies depends on the relative abundance of factors. The sign and the size of the effect of a technological change on output depend on the relative abundance of factors…
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In 2016, Banco de la República will start circulating a new family of banknotes comprising six denominations: $2,000, $5,000, $10,000, $20,000, $50,000, and $100,000 pesos. These new banknotes will circulate simultaneously with the current ones.
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Comercial de 30 segundos “Biodiversidad: La nueva cara de las monedas”, que presenta a la ciudadanía la nueva familia de monedas colombianas. Versión en inglés.
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1990-2002
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Decree 436 of 19 February 1990 created the Central Securities Depository at Banco de la República (the Central Bank of Colombia) and assigned it functions. Decree 437 of 10 March 1992 issued other provisions applicable to the DCV.
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The operating budget is divided into three main components: the monetary budget, the income from metallic coins issued and the corporate budget.
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The operating budget is divided into three main components: the monetary budget, the banknotes and coins budget and the corporate budget.
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Annual. Millions of colombian pesos.
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For December, total headline inflation dropped for the ninth consecutive month and closed at 9.28%, in line with the technical staff’s expectations. Food and beverages spearheaded the decline, falling more sharply than anticipated. Conversely, the services basket defied expectations, continuing to…
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