The macroprudential policy framework in Colombia

Número: 
1014
Publicado: 
Clasificación JEL: 
G18, E51, E58, F32, F38, G28
Palabras clave: 
Política macroprudencial, Estabilidad financiera, Regulación financiera, Red de seguridad financiera

Macroprudential policy in Colombia is described along with a discussion of the main challenges faced by the authorities in implementing it and a review of episodes in which macroprudential measures were taken. An overview and some estimates of their effectiveness in preventing the buildup of imbalances, increasing buffers and cushioning downswings are presented.