The international cycle and colombian monetary policy

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Borradores de Economía; No. 557

Date published

2009-04-10

Date

2009-04-10

Authors

Mahadeva, Lavan
Gómez-Pineda, Javier G.

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ISSN

ISBN

Document language

spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

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.

Abstract

The objective of this paper is to analyze how international cycles affect the real GDP cycle and so monetary policy decisions in Colombia. We estimate that cycles in world GDP, export prices and capital inflows are strongly associated with the Colombian b

Description

JEL Codes

E32 - Business Fluctuations; Cycles

Temática

Keywords

Keywords

Capital inflows , Terms of trade , International business cycles , Developing country , Colombia , Monetary policy , Business cycle

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5574
 https://hdl.handle.net/20.500.12134/5574
 https://ideas.repec.org/p/bdr/borrec/557.html
 https://doi.org/10.32468/be.557

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

Este documento ha sido depositado por parte de el(los) autor(es) bajo la siguiente constancia de depósito