Servicios
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Regarding a recent opinion piece published in an economic journal of national circulation, Banco de la República hereby informs that the $100 thousand-peso banknote continues to be valid as the species of highest denomination currently in circulation with unlimited legal tender.
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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.
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This paper examines inflation expectations of the World Economic Survey for ten inflation targeting countries. First, by a Self Organizing Maps methodology, we cluster the trajectory of agents inflation expectations using the beginning of the oil price shock occurred in June of 2014 as a benchmark…
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The main purpose of this chapter is to summarize the information currently available on cocaine production and trafficking. The chapter starts by describing the available data on cocaine production and trade, the collection methodologies, (if available) used by different sources, the main biases in…
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IndexScopeCorporate Values and General PrinciplesBanrep Employees Act with Integrity and ObjectivityBanrep Employees Protect Corporate Information and Third-Party Information Held by Banrep
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The provisions of this Code apply to all Banrep employees.This Code is also a frame of reference for individuals and corporate legal entities with whom Banrep has a contractual relationship regarding the behavior expected of Banrep staff. It must therefore be distributed in the framework of these…
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2.1 Corporate ValuesThe corporate values described below frame the corporate culture of Banrep:INTEGRITYWe act independently, responsibly, with honesty, coherence, transparency, and sense of public integrity.
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3.1 Conflict of interestAs per Article 44 of Law 1952 of 20198 (General Disciplinary Code), a conflict of interest arises when a Banrep employee has a particular and direct interest in the regulation, management, control, or decision of an issue in which they intervene or act on the basis of their…
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4.1 Protection of Banrep Corporate Information (both physical and electronic)Corporate information is a strategic asset of Banrep38 and according to the rules set out below, Banrep employees have a duty to prevent the improper subtraction, destruction, concealment, or use; and they should not allow…
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Banrep seeks to make the work environment inclusive, collaborative, and friendly among the people at its service, which contributes to a better job development and to ensure the fulfilment of the organization's mission.According to numeral 7 of Article 38 of Law 1952 of 201952, Banrep employees…
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6.1 Transparency LawBanrep employees must be aware of and comply with Law 1712 of 2014 - Transparency and Access to National Public Information Law (LET) - and the internal regulation of Banrep on transparency.LET set the right of access to public information and the procedures for the exercise and…
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Banrep employees must also perform the additional duties stated in this section to promote the alignment between the ethical and professional behavior and the Strategic Plan and values of Banrep.
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Abstract
The availability of measures of regional economic activity in a timely manner has become a priority, especially for evaluating the economic shocks provoked by the Covid-19 pandemic. In this study, we developed a monthly coincident indicator of economic activity for the Colombian…
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This paper extends the asymptotic results of the dynamic ordinary least squares (DOLS) cointegration vector estimator of Mark and Sul (2003) to a three-dimensional panel. We use a balanced panel of N and M lengths observed over T time periods. The cointegration vector is homogenous across…
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Colegio El Divino Niño in the city of Santa Marta was chosen, out of three finalists, as the winner of the XI “From School Banking to Central Banking” Contest for its essay entitled: How does Banco de la República’s monetary policy influence my decisions? Second place went to Colegio Villa Amalia…
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In this section, you will find the mechanisms used by Banco de la República (the Central Bank of Colombia) to engage citizens through collaboration and innovation exercises, addressed at finding solutions based on the knowledge of the various value groups to the problems identified. For practical…
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Presented during 6th BBVA Latin America Conference organized by the BBVA.
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Since: 1999 | Until: 2006
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This paper provides an empirical analysis of Colombian integration with East Asia using a Computable General Equilibrium (CGE) model, in which we assess the effects of several trade liberalization scenarios on trade flows and welfare.The results show that there is an important potential for the…
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