Borradores de Economia
Número:
70
Publicado:
Clasificación JEL:
E62, E64
Palabras clave:
Exchange, Colombia
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Carlos David Ardila-Dueñas, Joel Santiago Castellanos-Caballero, Carlos David Murcia-Bustos
Karina Acosta, Jesus Saldaña
Jhorland Ayala-García, Leider Manjarres-Beleño, María Urueta-Polo
In the context of a medium term process of real appreciation, linked largely to fiscal policy and capital inflows, Colombia was hit by a political schok and had to deal with expectations of nominal devaluation. This paper discusses three issues. First, t