Publications

Employment continued to recover in the second half of 2020, after dropping sharply during the first six months of the year. However, the labor market, in general, is still extremely slack as a result of the Covid-19 health crisis, and there are major disparities between population groups and…

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 expressed in this document are those of the authors and do not necessarily reflect the views of 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 purpose of this report is to measure the transmission of volatility present among public debt, private debt, and stock markets to identify whether a market was either a generator or a receiver of volatility at a given point in time. Subsequently, the overnight value at risk (VaR) of the…

This report analyzes the results of annual surveys on financing structure and foreign exchange risk applied to a representative sample of companies by Banco de la República (the Central Bank of Colombia) and Fedesarrollo. The report aims to deepen the knowledge of the firms' financing and the…

This report analyzes the main financial indicators for Central and South America, the Dominican Republic, and Mexico. To evaluate the situation of the region’s credit institutions, the report considers the performance of their portfolio, risk management, profitability, and efficiency for the…

This report analyzes the level of concentration in the credit and deposit markets, given its relevance for the materialization of credit and liquidity risks. An additional exercise is conducted to assess the degree of competition among financial intermediaries in the credit market.

The Institutional Repository was created to collect, preserve, and disseminate Banco de la República's documentary production on academic, economic, and regional issues, among others, with the purpose of making this information accessible to researchers and professionals, as well as to the…

This Special Report analyzes the performance of housing credit and the real estate market, identifying potential risk sources in a scenario marked by the Covid-19 crisis. To this end, the dynamics of the supply, demand, and price indicators for the residential housing segment are studied. In…

This report analyzes credit risk exposure and the performance of credit institutions (CIs) as of September 2020. The Financial Stability Report for the second half of 2020 noted that although CIs have managed to face the health emergency with solid solvency and liquidity, it is expected for the…

The analysis of liquidity conditions in financial markets allows for an understanding of the dynamics of agents in the payment system and how external shocks may have affected them. Therefore, this report analyzes aspects of market liquidity in the Colombian financial system related to the…

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 expressed in this document are those of the authors and do not necessarily reflect the views of 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 expressed in this document are those of the authors and do not necessarily reflect the views of 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.