Número:
557
Publicado:
Clasificación JEL:
E32, E44, E52, F41
Palabras clave:
Capital inflows, Terms of trade, International Business Cycles, Developing Country
Lo más reciente
Sergi Basco, Jair Neftali Ojeda-Joya
Ligia Alba Melo-Becerra, Diego Vásquez-Escobar, María Isabel Alarcón-Obando, Giselle Tatiana Silva-Samudio
Karina Acosta, Juliana Jaramillo-Echeverri, Daniel Lasso Jaramillo, Alejandro Sarasti-Sierra
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