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Paridad del Poder Adquisitivo en Colombia: Análisis comparativo de los periodos pre y post crisis del 2008

Author

Listed:
  • Sandy Manrique Parra
  • Santiago Castillo Acuña

Abstract

Este artículo busca analizar la relación del poder de compra entre Colombia y Estados Unidos, identificando los efectos e implicaciones de la crisis económica del 2008 sobre la paridad del poder adquisitivo. Revisando estudios aplicados para Colombia y para países europeos, se establece un análisis comparativo entre el periodo previo y el periodo posterior a la crisis, empleando herramientas econométricas para el análisis de series de tiempo como las pruebas de raíces unitarias y las pruebas de cointegración, las cuales permiten establecer una visión acerca de la relación entre los niveles de precios de ambas economías y la tasa de cambio nominal en común. Se encuentra que la paridad del poder adquisitivo solo se cumple en el periodo posterior a la crisis, concluyendo que las políticas que regulan el mercado financiero y el mercado monetario permiten alcanzar estabilidad en los precios.

Suggested Citation

  • Sandy Manrique Parra & Santiago Castillo Acuña, 2014. "Paridad del Poder Adquisitivo en Colombia: Análisis comparativo de los periodos pre y post crisis del 2008," Documentos de Trabajo 12421, Universidad Católica de Colombia.
    • Handle: RePEc:col:000444:012421
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    More about this item

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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