Publications

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.

Margarita Gáfaro, manager of the Bucaramanga branch of Banco de la República, and José Antonio Ocampo, a member of the Board of Directors of Banco de la República, present some of the findings of an evaluation of experience in supporting family farming to generate income.

ASTRACT

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

On Tuesday, 9 July, the Regional Economic Studies Center (CEER) of Banco de la República in Cartagena will hold the launching ceremony of its most recent book, Casa Grande Caribe, starting at 5:00 pm at the Central Bank's “Gabriel García Marquez” library in Santa Marta. 

Attendees to…

This special report analyzes the combined dynamics of the real estate market in Colombia and housing credit to identify potential sources of risk that could affect financial stability. In particular, the performance of variables associated with the prices of housing, their financing, the levels…

Monitoring credit risk is essential to preserve the stability of the financial system. For each type of loan the analysis presented in this report uses indicators such as quality risk, non-performing loans indicator (ICM in Spanish), quality indicator by risk for transactions, non-performing…

Financial inclusion is the process of integrating financial services into the daily economic activities of the population, which can contribute to economic growth to the extent that it reduces financing and transaction costs and offers secure and efficient management of resources. The…

Monitoring the liquidity conditions in the financial markets allows to identify the potential contingencies that an institution may face when accessing or granting resources that, in turn, may threaten the stability of the financial system if a significant proportion of transactions depends on…

The analysis of household debt has become more relevant in recent years due to the increased exposure of credit institutions to this sector, which is at the highest levels recorded in the last decade. As of April 2019, 43.7% of the portfolio of those institutions was allocated to households. In…

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…

Read the latest Regional Economic Bulletins (Boletines Económicos Regionales, BER), which gather information on economic activity in eight regions of the country during the first quarter of the year.

Presented at the main building of Banco de la República (Central Bank of Colombia).

Video of the Financial Stability Report for the first semester of 2019

This was the presentation of the #FinancialStabilityReport for the first half of 2019 by the Governor of the…