Research | Portal de Investigaciones Económicas

ACADEMIC PUBLICATIONS – BANCO DE LA REPÚBLICA

Revista Ensayos sobre Política Económica

Revista del Banco de la República

Libros Banco de la República

Borradores de Economía

Documentos de Trabajo sobre Economía Regional y Urbana

Cuadernos de Historia Económica

Ensayos Sobre Economía Regional (ESER)

	A Level-Dependence Approach for Assessing De-Anchoring of Inflation Expectations: Evidence from Colombia Jonathan Muñoz-Martínez Borradores de Economia, número 1322 DOI: https://doi.org/10.32468/be.1322 Wednesday, 9 July 2025
	Cross-Border Effects of Fed Capital Requirements on Emerging Market Banks’ Funding: The Colombian Case Camilo Gómez Mariana Escobar-Villarraga, Ligia Alba Melo-Becerra, Hector Manuel Zárate-Solano Borradores de Economia, número 1321 DOI: https://doi.org/10.32468/be.1321 Tuesday, 8 July 2025
	Analyzing Exchange Rate Dynamics within the Global Financial Cycle: A DCC-Copula approach Luis Fernando Melo-Velandia José Vicente Romero-Chamorro, Diego Niño-Garavito Borradores de Economia, número 1320 DOI: https://doi.org/10.32468/be.1320 Monday, 7 July 2025
	Working papers economics - Adverse Weather-Induced Inflation: Some Implications for Monetary Policy in a Small Open Economy José Vicente Romero-Chamorro Sara Naranjo-Saldarriaga, Jonathan Muñoz-Martínez Borradores de Economia, número 1319 DOI: https://doi.org/10.32468/be.1319 Thursday, 3 July 2025
	Enhancing inflation nowcasting with online search data: a random forest application for Colombia Felipe Roldán-Ferrín Julián Andrés Parra-Polanía Borradores de Economia, número 1318 DOI: https://doi.org/10.32468/be.1318 Wednesday, 2 July 2025
	Working papers economics - Between Fundamentals and Speculation: An Analysis of the Housing Market in Colombia Nicol Valeria Rodríguez-Rodríguez Hernán Dario Perdomo-Sánchez Borradores de Economia, número 1317 DOI: https://doi.org/10.32468/be.1317 Friday, 20 June 2025
	Borradores de Economía - Wealth Taxes and Firms’ Capital Structures: Credit Supply and Real Effects Hernán Rincón-Castro Borradores de Economia, número 1316 DOI: https://doi.org/10.32468/be.1316 Wednesday, 18 June 2025
	Working paper - Do natural disasters and the announcement of ENSO events have an impact on market-based measures of inflation expectations? Luis Fernando Melo-Velandia Daniel Parra-Amado, Juan Pablo Bermúdez-Cespedes Borradores de Economia, número 1315 DOI: https://doi.org/10.32468/be.1315 Tuesday, 10 June 2025
	Balance Sheet Risk in Central Banks: The Role of Capital and Strategies for its Preservation Lina Fernanda Torres-Gutierrez Gonzalo Ossa-Stipcianos, Edwin Mauricio Parra-Rodriguez, Egberto Alexander Riveros, Alvaro José Martinez-Monroy, Julián Andrés Gomez-Duran, Juan Sebastián Rojas-Moreno Borradores de Economia, número 1314 DOI: https://doi.org/10.32468/be.1314 Thursday, 22 May 2025
	From Catastrophe to Opportunity: Housing Quality Improvements in Rural Colombia During the 2010-2011 Floods Andrés Mauricio Sánchez-Jabba Documentos de Trabajo sobre Economía Regional y Urbana, número 333 DOI: https://doi.org/10.32468/dtseru.333 Tuesday, 20 May 2025
	Changes in the distribution of new loans by risk category throughout the post-pandemic credit cycle in Colombia Gómez-Molina Andrés Camilo Carlos Quicazán-Moreno, Hernando Vargas-Herrera Borradores de Economia, número 1313 DOI: https://doi.org/10.32468/be.1313 Friday, 9 May 2025
	Costs of training and the demand for apprentices Luis E. Arango Leonardo Bonilla-Mejía, Luz Adriana Flórez, Luis E. Arango Borradores de Economia, número 1312 DOI: https://doi.org/10.32468/be.1312 Friday, 11 April 2025
	Designing the Future of Money: The Case for Multiple CBDCs Julián Andrés Parra-Polanía Constanza Martínez-Ventura Borradores de Economia, número 1311 DOI: https://doi.org/10.32468/be.1311 Thursday, 10 April 2025
	Pass-through of the increase in the VAT rate on inflation Edgar Caicedo-García Jorge Enrique Ramos-Forero, Hernán Rincón-Castro, Hector Manuel Zárate-Solano Borradores de Economia, número 1310 DOI: https://doi.org/10.32468/be.1310 Tuesday, 8 April 2025
	Foreign investment dynamics: The impact of benchmark-driven versus unconstrained investors on local credit conditions Oscar Botero-Ramírez Mauricio Villamizar-Villegas, Andrés Murcia Borradores de Economia, número 1309 DOI: https://doi.org/10.32468/be.1309 Wednesday, 2 April 2025
	Credit Constraints for Small Farmers in Colombia Margarita María Gáfaro-González Karelys Guzmán-Finol, Poveda-Olarte Paola, Clark Granger-Castaño, Dairo Ayiber Estrada, Valeria Salas, John Sebastian Tobar-Cruz, Miguel Sarmiento, Fernando Arias-Rodríguez, Jorge Florez-Acosta, Alejandra González, Alex Pérez, Camilo Bohorquez-Penuela Ensayos sobre Política Económica, número 109 DOI: https://doi.org/10.32468/espe109 Wednesday, 19 March 2025
	Working Papers on Economics - Labor force and population aging Julián Andrés Parra-Polanía Juan D. Ladino Riveros Borradores de Economia, número 1308 DOI: https://doi.org/10.32468/be.1308 Monday, 17 March 2025
	Working Papers on Economics - Climate Risk and Access to Credit: Evidence from Colombian Potato Growers Camilo Bohorquez-Penuela Margarita María Gáfaro-González, Karelys Guzmán-Finol, Alex Pérez Borradores de Economia, número 1307 DOI: https://doi.org/10.32468/be.1307 Friday, 14 March 2025
	Working Papers on Economics - Public perception and knowledge of the work of the central bank of Colombia Luis Eduardo Castellanos-Rodríguez Andrea López-Rodríguez, Diego A. Rodríguez-Pinilla, María del Pilar Esguerra Umaña, Jean-Louis Arcand Borradores de Economia, número 1306 DOI: https://doi.org/10.32468/be.1306 Thursday, 13 March 2025
	Working Papers on Economics - Farm Size Distribution, Weather Shocks, and Agricultural Productivity Julián Arteaga Nicolás de Roux, Heitor S. Pellegrina, Margarita María Gáfaro-González, Julián Arteaga, Ana María Ibáñez Londoño Borradores de Economia, número 1305 DOI: https://doi.org/10.32468/be.1305 Friday, 7 March 2025
	Working Papers on Economics - Policy implications of losing credibility: Lessons from Colombia’s post-pandemic inflationary surge Franz Alonso Hamann-Salcedo Franz Alonso Hamann-Salcedo, Sara Naranjo-Saldarriaga, José Pulido Borradores de Economia, número 1304 DOI: https://doi.org/10.32468/be.1304 Wednesday, 26 February 2025
	Working Papers on Economics - Sovereign Risk and Stock Market Response to Natural Disasters in Emerging Economies Juan Pablo Bermúdez-Cespedes Juan Pablo Bermúdez-Cespedes, Luis Fernando Melo-Velandia Borradores de Economia, número 1303 DOI: https://doi.org/10.32468/be.1303 Monday, 24 February 2025
	New Evidence on Labor and Firm Informality in Colombia Andrea Sofía Otero-Cortés Karina Acosta, Luis E. Arango, Danilo Aristizábal, Oscar Iván Ávila-Montealegre, Oscar Becerra, Cristina Fernández, Luz Adriana Flórez, Luis Armando Galvis-Aponte, Anderson Grajales, Catalina Granda, Franz Alonso Hamann-Salcedo, Juliana Jaramillo-Echeverri, Carlos Alberto Medina-Durango, Jesús Enrique Morales-Piñero, Alejandra Morales, Leonardo Fabio Morales, Juan José Ospina-Tejeiro, Christian Manuel Posso-Suárez, José Pulido, Mario Andrés Ramos-Veloza, Alejandro Sarasti-Sierra Ensayos sobre Política Económica, número 108 DOI: https://doi.org/10.32468/espe108 Wednesday, 19 February 2025
	Working Papers - Formalization and Growth of Microbusinesses in Colombia: Relationship with Credit Access from a Formal/Informal, Gender, and Regional Perspective John Sebastian Tobar-Cruz Carlos Alberto Ruiz-Martínez Borradores de Economia, número 1302 DOI: https://doi.org/10.32468/be.1302 Thursday, 23 January 2025
	Working Papers - From Coverage to Achievement: Exploring Gender Gaps in the Colombian Education System Ana María Iregui-Bohórquez Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Jorge Leonardo Rodríguez-Arenas Borradores de Economia, número 1301 DOI: https://doi.org/10.32468/be.1301 Friday, 17 January 2025
	Working Papers - Covid-19 pandemic and mental health in Colombia: a competitive risk analysis Ana María Iregui-Bohórquez Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Hector Manuel Zárate-Solano Borradores de Economia, número 1300 DOI: https://doi.org/10.32468/be.1300 Tuesday, 14 January 2025
	Working Papers - The sensitivity of rice yields to weather variation in Colombia Karelys Guzmán-Finol Sandy Dall’erba, Angela C. Lyons, Jorge Eiras-Barca Borradores de Economia, número 1299 DOI: https://doi.org/10.32468/be.1299 Monday, 13 January 2025
	Working Papers - Labor Demand Responses to Payroll Taxes in an Economy with Wage Rigidity: Evidence from Colombia Oscar Reinaldo Becerra Camargo Leonardo Fabio Morales Borradores de Economia, número 1297 DOI: https://doi.org/10.32468/be.1297 Friday, 10 January 2025
	Working Papers - Weather shocks, productivity and performance of manufacturing firms in Colombia Jefferson Muñoz Alex Pérez, Jaime Carabali Borradores de Economia, número 1298 DOI: https://doi.org/10.32468/be.1298 Friday, 10 January 2025
	Working Papers - Instantaneous Inflation as a Predictor of Inflation Wilmer Martinez-Rivera Edgar Caicedo-García, Juan Bonilla-Pérez Borradores de Economia, número 1296 DOI: https://doi.org/10.32468/be.1296 Wednesday, 8 January 2025