Borradores de Economia
Número:
70
Publicado:
Clasificación JEL:
E62, E64
Palabras clave:
Exchange, Colombia
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Elkin Navas-Diago, Jorge Quintero-Otero
Cristian David González-Téllez
Juliana Jaramillo-Echeverri, Karina Acosta, Olga Lucia Acosta Navarro, Oscar Iván Ávila-Montealegre, Jhorland Ayala-García, Jaime Bonet-Morón, Jesus Botero, Luz A. Flórez, Daniela Gallo, Luis Armando Galvis-Aponte, Karelys Guzmán-Finol, Eduardo A. Haddad, Ana María Iregui-Bohórquez, David Camilo López-Valenzuela, Ligia Alba Melo-Becerra, Juan J. Ospina-Tejeiro, Andrea Otero-Cortés, Julian A. Parra-Polania, Gerson Javier Pérez-Valbuena, José Pulido, María Teresa Ramírez-Giraldo, Mario A. Ramos-Veloza, Charles Rahal, Jorge Leonardo Rodríguez-Arenas, Shadia Zardibia
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