Borradores de Economia
Número:
557
Publicado:
Clasificación JEL:
E32, E44, E52, F41
Palabras clave:
Capital inflows, Terms of trade, International Business Cycles, Developing Country
Lo más reciente
Fredy Gamboa-Estrada, Freddy Cepeda-López, Javier Iván Miguélez-Márquez
Fredy Gamboa-Estrada, José Vicente Romero
Fredy Gamboa-Estrada, Diego Cuesta, Camilo Sanchez-Quinto
The objective of this paper is to analyze how international cycles affect the real GDP cycle and so monetary policy decisions in Colombia. We estimate that cycles in world GDP, export prices and capital inflows are strongly associated with the Colombian b