Publications

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2019: Consolidating Recovery - Governor’s Report March 2019

Colombia’s economy expanded by 2.7% in 2018, gaining momentum after a period of deceleration in which the annual growth rate fell from 4.7% in 2014 to 1.4% in 2017. While growth was still below potential (estimated around 3.3%), the uptick in 2018 suggests the groundwork for Colombia’s economic…

2020: Colombia Stability and Growth (Available only in Spanish)

Presentación realizada durante el Seminario Macro Anif 

Anif ‐ Fedesarrollo (Available only in Spanish)

Presentación realizada en el Seminario Anif – Fedesarrollo, Club El Nogal.

Comité Consultivo Cali (Available only in Spanish)

Presentación realizada durante el Comité consultivo de empresarios, en Cali. 

Debt Moratorium: Theory and Evidence

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)

Digital Payments Adoption and the Demand for Cash: New International Evidence

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

 

Does monetary policy affect the net interest margin of credit institutions? Evidence from Colombia

Abstract

Estimating import supply and demand elasticities for Colombia

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.

 

ABSTRACT

 

Estimating the reservation wage across city groups in Colombia: A stochastic frontier approach

Abstract

Financial Stability Report

The Financial Stability Report outlines the Bank’s assessment of the recent performance of credit institutions and their debtors, as well as the main risks and vulnerabilities that could affect the financial stability of the…

Global value chains, growth and tariff protectionism in Colombia

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

 

ABSTRACT

 

Heterogeneous effects of agricultural technical assistance in Colombia

Abstract

Inflation and Covid-19: an exercise for Colombia

Abstract

The covid-19 pandemic distorted the pattern of household consumption. Consequently, the official fixed basket CPI could be measuring inaccurately the evolution of inflation. The exercise presented in this document, was to update the weighting structure of the basket with alternative…

Inflation Report - December 2012

At the end of 2012 annual inflation stood at 2.4%, lower than the long-term target (3%) and within the year’s target range (2%-4%) (Graph A). Fourth-quarter inflation results were lower than average market expectations and also below the rates expected by Banco de la República’s technical staff…

Monetary Policy and Portfolio Flows in an Emerging Market Economy

Abstract

Payment Systems Report - 2016

In this seventh edition of the Payment Systems Report, the boxes focus on three topics of interest to the industry that renders payments clearing and settlement services as well as to those taking part in them. First, the international debate revolving around the optimal capital level of Central…

Policy Panel: Emerging Markets Risks and Capital Flows - The effects of Monetary Policy on Capital Flows

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)

Report of the Board of Directors to the Congress of Colombia - July 2018

The evolution of the Colombian economy during the first half of 2018 shows that the process of adjustment to the shocks of the last few years has consolidated simultaneously with an upturn in economic activity and improvement in consumer and entrepreneur confidence. The recent recovery has taken…

School Vouchers, Labor Markets and Vocational Education

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

 

Statistical Annex - Governor’s Report, June 2017

CURRENT SITUATION OF THE COLOMBIAN ECONOMYThis is the Statistical Annex 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,…