Public Debt, Public Debt Markets and Monetary Policy in Colombia

Borradores de Economia
Number: 
147
Published: 
Classification JEL: 
E52, E62
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

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Anne Brockmeyer, Francois Gerard, Gabriel Ulyssea, Linda Wu, Marcelo Bergolo, Rodrigo Ceni González, Bernard Kirui, Andrea Lopez-Luzuriaga, Leonardo Fabio Morales, Andrea Sofía Otero-Cortés, Nadine Riedel, Matias Tapia, Tanisa Tawichsri, Verena Wiedemann
Marlon Salazar, Andrés Salazar-Mejía, Jorge Daniel Guevara-Acevedo, Juan David Duitama-Correa
Aarón Levi Garavito-Acosta, Wilmer Martinez-Rivera, Camilo González-Sabogal, Johanna Barbosa-Buitrago, Nathaly Vergel-Serrano

The purpose of this paper is to examine the main macro- and microinterrelationships
between public debt policy and monetary policy in
Colombia during 1995-1999, from the perspective of a central banker.
Emphasis will be given to the financial developments of the last two years,
a period in which Colombia´s capital markets have experienced significant
upheaval.