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We test current account sustainability based on the framework developed by Hakkio and Rush [1991] and Husted [1992] using a two-regime threshold vector error correction model. This methodology allows us to characterize short-run nonlinearities in the current account. We estimate the model for four…
Find information on the economic activity of eight regions of the country during the third quarter of the year in the most recent Regional Economic Bulletins (Boletines Económicos Regionales, BER).
Imports Services & transfers Capital
Exports Gold purchases Services & transferences Capital revenues
    CURRENT SITUATION OF THE COLOMBIAN ECONOMY
CURRENT SITUATION OF THE COLOMBIAN ECONOMYThis is the first edition of a new publication by the Governor of the Central Bank of Colombia. It is addressed to citizens, analysts, and domestic and foreign investors interested in learning about the most recent events in the Colombian economy, and their…
As the community knows, Banco de la República holds a free-use contract with the Society of Public Improvements of Barranquilla to use the Amira de la Rosa Theater since 19 June 1980. Since then, the venue has been administered and maintained by the Central Bank for cultural activities, holding…
Preliminary data subject to revision.
Purchase and Sale Prices for Precious Metals
Preliminary and delayed Colombian GDP reports are replaced with optimal in-sample now-casts of “true” GDP figures derived from a model for data revisions. The new GDP time series is augmented with optimal out-of-sample forecasts and back-casts of the “true” GDP figures derived from the same model.…
Hard to believe it has been 25 years since the first central bank modeling workshop. The title of the first workshop was “Monetary Policy Under Uncertainty”.  It was the time of the inflation-targeting pioneers.  In addition, at the beginning of 1990s, the Bank of Canada developed…
Hard to believe it has been 25 years since the first central bank modeling workshop. The title of the first workshop was “Monetary Policy Under Uncertainty”.  It was the time of the inflation-targeting pioneers.  In addition, at the beginning of 1990s, the Bank of Canada developed…
Hard to believe it has been 25 years since the first central bank modeling workshop. The title of the first workshop was “Monetary Policy Under Uncertainty”.  It was the time of the inflation-targeting pioneers.  In addition, at the beginning of 1990s, the Bank of Canada developed…
Emerging and Frontier Markets: Capital Flows, Resiliency, Risks, and Growth - Supported by the National Bureau of Economic Research (NBER), the Latin American Reserve Fund (FLAR), and Banco de la República (The Central Bank of Colombia)
See additional information in  "The Board of Directors of Banco de la República notifies updates to some of its calendar of monthly meetings and monetary policy announcements"
See additional information in  "The Board of Directors of Banco de la República notifies updates to some of its calendar of monthly meetings and monetary policy announcements"