Lecciones de las crisis financieras recientes para diseñar y ejecutar la política monetaria y la financiera en Colombia
In: Flujos de capitales, choques externos y respuestas de política en países emergentes
Author
Abstract
Suggested Citation
DOI: 10.32468/Ebook.664-270-5
Download full text from publisher
References listed on IDEAS
- David Laidler, 2009.
"Financial Stability, Monetarism and the Wicksell Connection,"
Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 1(1), pages 60-79, September.
- David Laidler, 2007. "Financial Stability, Monetarism and the Wicksell Connection," University of Western Ontario, Economic Policy Research Institute Working Papers 20073, University of Western Ontario, Economic Policy Research Institute.
- Fernando Tenjo & Martha L�pez, 2010.
"Early Warning Indicators for Latin America,"
Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 28(63), pages 232-259.
- Jaime Tenjo & Martha López, 2010. "Early Warning Indicators for Latin America," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 28(63), pages 232-259, December.
- Fernando Tenjo & Martha L�pez, 2010. "Early Warning Indicators for Latin America""," Borradores de Economia 7073, Banco de la Republica.
- Fernando Tenjo & Martha López, 2010. "Early Warning Indicators for Latin America," Borradores de Economia 608, Banco de la Republica de Colombia.
- Mishkin, F S., 2008. "How should we respond to asset price bubbles?," Financial Stability Review, Banque de France, issue 12, pages 65-74, October.
- García-Suaza, Andrés Felipe & Gómez-González, José E. & Pabón, Andrés Murcia & Tenjo-Galarza, Fernando, 2012.
"The cyclical behavior of bank capital buffers in an emerging economy: Size does matter,"
Economic Modelling, Elsevier, vol. 29(5), pages 1612-1617.
- Andr�s Felipe Garc�a-Suaza & Jose Eduardo G�mez-Gonz�lez & Andr�s Murcia pab�n & Feenando tenjo Galarza, 2011. "The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter," Borradores de Economia 8305, Banco de la Republica.
- Andrés Felipe García-Suaza & José E. Gómez-González & Andrés Murcia Pabón & Fernando Tenjo-Galarza, 2011. "The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter," Borradores de Economia 650, Banco de la Republica de Colombia.
- Otmar Issing, 2009. "Asset Prices and Monetary Policy," Cato Journal, Cato Journal, Cato Institute, vol. 29(1), pages 45-51, Winter.
- Ben S. Bernanke & Mark Gertler, 1999.
"Monetary policy and asset price volatility,"
Economic Review, Federal Reserve Bank of Kansas City, vol. 84(Q IV), pages 17-51.
- Ben S. Bernanke & Mark Gertler, 1999. "Monetary policy and asset price volatility," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 77-128.
- Ben Bernanke & Mark Gertler, 2000. "Monetary Policy and Asset Price Volatility," NBER Working Papers 7559, National Bureau of Economic Research, Inc.
- Barro, Robert J & Gordon, David B, 1983.
"A Positive Theory of Monetary Policy in a Natural Rate Model,"
Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
- Robert J. Barro & David B. Gordon, 1981. "A Positive Theory of Monetary Policy in a Natural-Rate Model," NBER Working Papers 0807, National Bureau of Economic Research, Inc.
- Martha López & Fernando Tenjo & H�ctor Z�rate, 2012.
"The Risk-taking Channel in Colombia Revisited,"
Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 30(68), pages 276-295.
- Martha López & Fernando Tenjo & Hector Zárate, 2012. "The Risk-taking Channel in Colombia Revisited," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 30(68), pages 276-295, June.
- Martha L�pez & Fernando Tenjo & H�ctor Z�rate, 2012. "The Risk-Taking Channel in Colombia Revisited," Borradores de Economia 9313, Banco de la Republica.
- Martha López & Fernando Tenjo & Héctor Zárate, 2012. "The Risk-Taking Channel in Colombia Revisited," Borradores de Economia 690, Banco de la Republica de Colombia.
- Donald L. Kohn, 2009. "Monetary Policy and Asset Prices Revisited," Cato Journal, Cato Journal, Cato Institute, vol. 29(1), pages 31-44, Winter.
- Jeffrey M. Lacker, 2009.
"What Lessons Can We Learn from the Boom and Turmoil?,"
Cato Journal, Cato Journal, Cato Institute, vol. 29(1), pages 53-63, Winter.
- Jeffrey M. Lacker, 2008. "What Lessons Can We Learn from the Boom and Turmoil?," Speech 101652, Federal Reserve Bank of Richmond.
- Hernando Vargas H, 2011.
"Monetary policy and the exchange rate in Colombia,"
BIS Papers chapters, in: Bank for International Settlements (ed.), Capital flows, commodity price movements and foreign exchange intervention, volume 57, pages 129-153,
Bank for International Settlements.
- Hernando Vargas, 2011. "Monetary Policy and the Exchange Rate in Colombia," Borradores de Economia 655, Banco de la Republica de Colombia.
- Hernando Vargas Herrera, 2011. "Monetary Policy and the Exchange Rate in Colombia," Borradores de Economia 8699, Banco de la Republica.
- repec:aei:rpaper:31038 is not listed on IDEAS
- Bert Ely, 2009. "Bad Rules Produce Bad Outcomes: Underlying Public-Policy Causes of the U.S. Financial Crisis," Cato Journal, Cato Journal, Cato Institute, vol. 29(1), pages 93-114, Winter.
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Wilmar Alexander Cabrera Rodríguez & Luis Fernando Melo Velandia & Daniel Parra Amado, 2014.
"Relación entre el riesgo sistémico del sistema financiero y el sector real: un enfoque FAVAR,"
Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 32(75), pages 1-22, December.
- Wilmar Alexander Cabrera Rodríguez & Luis Fernando Melo Velandia & Daniel Parra Amado, 2014. "Relación entre el riesgo sistémico del sistema financiero y el sector real: un enfoque FAVAR," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 32(75), pages 1-22.
- Wilmar Alexander Cabrera Rodríguez & Luis Fernando Melo Velandia & Daniel Parra Amado, 2014. "Relación entre el riesgo sistémico del sistema financiero y el sector real: un enfoque FAVAR," Borradores de Economia 810, Banco de la Republica de Colombia.
- Wilmar Alexander Cabrera Rodr�guez & Luis Fernando Melo Velandia & Daniel Parra Amado, 2014. "Relaci�n entre el riesgo sist�mico del sistema financiero y el sector real: un enfoque FAVAR," Borradores de Economia 11142, Banco de la Republica.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Rincón, Hernán & Velasco, Andrés M. (ed.), 2013. "Flujos de capitales, choques externos y respuestas de política en países emergentes," Books, Banco de la Republica de Colombia, number 2013-09, November.
- Juan Pablo Zárate Perdomo & Adolfo León Cobo & José Eduardo Gómez-González, 2012.
"Lecciones de las crisis financieras recientes para el diseño e implementación de las políticas monetarias,"
Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 30(69), pages 258-293, December.
- Juan Pablo Zárate Perdomo & Adolfo Léon Cobo Serna & Jose Eduardo Gómez González, 2012. "Lecciones de las crisis financieras recientes para el diseño e implementación de las políticas monetaria y financiera en Colombia," Borradores de Economia 708, Banco de la Republica de Colombia.
- Juan Pablo Zárate Perdomo & Adolfo Le�n Cobo Serna & Jos� Eduardo G�mez-Gonz�lez, 2012.
"Lecciones de las crisis financieras recientes para el diseno e implementación de las políticas monetarias y financieras en Colombia,"
Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 30(69), pages 258-293.
- Juan Pablo Zárate Perdomo & Adolfo Léon Cobo Serna & Jose Eduardo Gómez González, 2012. "Lecciones de las crisis financieras recientes para el diseño e implementación de las políticas monetaria y financiera en Colombia," Borradores de Economia 708, Banco de la Republica de Colombia.
- Ravn, Søren Hove, 2014. "Asymmetric monetary policy towards the stock market: A DSGE approach," Journal of Macroeconomics, Elsevier, vol. 39(PA), pages 24-41.
- Philippe Gilles & Nicolas Huchet & Marie-Sophie Gauvin, 2012.
"Politique monétaire, choix de portefeuille du secteur bancaire et canal de la prise de risque,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 175-196.
- Philippe Gilles & Nicolas Huchet & Marie-Sophie Gauvin, 2012. "Politique monétaire, choix de portefeuille du secteur bancaire et canal de la prise de risque," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 175-196.
- Marie-Sophie Gauvin & Philippe Gilles & Nicolas Huchet, 2012. "Politique monétaire, Choix de portefeuille du secteur bancaire et Canal de la prise de risque," Post-Print halshs-01716650, HAL.
- K. Cuthbertson & D. Nitzsche & S. Hyde, 2007. "Monetary Policy And Behavioural Finance," Journal of Economic Surveys, Wiley Blackwell, vol. 21(5), pages 935-969, December.
- Edgar Villa & Martha A. Misas & Andrés F. Giraldo, 2014. "Inflation Targeting and an Optimal Taylor Rule for an Open Economy: Evidence for Colombia 1990-2011," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 51(1), pages 41-83, May.
- Hoda Selim, 2012. "Exploring the Role of the Exchange Rate in Monetary Policy in Egypt," Working Papers 733, Economic Research Forum, revised 2012.
- Alan S. Blinder & Ricardo Reis, 2005.
"Understanding the Greenspan standard,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 11-96.
- Alan S. Blinder & Ricardo Reis, 2005. "Understanding the Greenspan Standard," Working Papers 88, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Philip Arestis & Luiz Fernando Paula & Fernando Ferrari-Filho, 2007.
"Inflation Targeting in Emerging Countries: The Case of Brazil,"
Palgrave Macmillan Books, in: Philip Arestis & Alfredo Saad-Filho (ed.), Political Economy of Brazil, chapter 8, pages 116-140,
Palgrave Macmillan.
- Philip Arestis & Luiz Fernando de Paula & Fernando Ferrari-Filho, 2006. "Inflation Targeting In Emerging Countries: The Case Of Brazil," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 42, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Papadamou, Stephanos & Sidiropoulos, Moïse & Spyromitros, Eleftherios, 2017.
"Does central bank independence affect stock market volatility?,"
Research in International Business and Finance, Elsevier, vol. 42(C), pages 855-864.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016. "Does Central Bank Independence Affect Stock Market Volatility?," Working Papers of BETA 2016-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2017. "Does central bank independence affect stock market volatility ?," Post-Print hal-03692206, HAL.
- Bilin Neyapti, 2010. "Macroeconomic Institutions and Development," Books, Edward Elgar Publishing, number 12960, June.
- Frederic S. Mishkin, 1998. "The Dangers of Exchange‐Rate Pegging in Emerging‐Market Countries," International Finance, Wiley Blackwell, vol. 1(1), pages 81-101, October.
- Bill Dupor, 2005.
"Keynesian Conundrum: Multiplicity and Time Consistent Stabilization,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 154-177, January.
- Bill Dupor, 1999. "Keynesian conundrum: multiplicity and time consistent stabilization," Discussion Paper / Institute for Empirical Macroeconomics 131, Federal Reserve Bank of Minneapolis.
- Obstfeld, Maurice, 1997.
"Destabilizing effects of exchange-rate escape clauses,"
Journal of International Economics, Elsevier, vol. 43(1-2), pages 61-77, August.
- Obstfeld, Maurice, 1991. "Destabilizing Effects of Exchange-Rate Escape Clauses," CEPR Discussion Papers 518, C.E.P.R. Discussion Papers.
- Maurice Obstfeld., 1996. "Destabilizing Effects of Exchange-Rate Escape Clauses," Center for International and Development Economics Research (CIDER) Working Papers C96-075, University of California at Berkeley.
- Maurice Obstfeld, 1991. "Destabilizing Effects of Exchange-Rate Escape Clauses," NBER Working Papers 3603, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice, 1996. "Destabilizing Effects of Exchange-Rate Escape Clauses," Center for International and Development Economics Research (CIDER) Working Papers 233439, University of California-Berkeley, Department of Economics.
- Alex Cukierman & Anton Muscatelli, 2001. "Do Central Banks have Precautionary Demands for Expansions and for Price Stability?," Working Papers 2002_4, Business School - Economics, University of Glasgow, revised Mar 2002.
- Calmfors, Lars, 2001. "Unemployment, Labor Market Reform, and Monetary Union," Journal of Labor Economics, University of Chicago Press, vol. 19(2), pages 265-289, April.
- Adam, Klaus & Billi, Roberto M., 2014.
"Distortionary fiscal policy and monetary policy goals,"
Economics Letters, Elsevier, vol. 122(1), pages 1-6.
- Adam, Klaus & Billi, Roberto, 2010. "Distortionary fiscal policy and monetary policy goals," CEPR Discussion Papers 7741, C.E.P.R. Discussion Papers.
- Adam, Klaus & Billi, Roberto M., 2013. "Distortionary Fiscal Policy and Monetary Policy Goals," Working Paper Series 278, Sveriges Riksbank (Central Bank of Sweden).
- Roberto M. Billi & Klaus Adam, 2010. "Distortionary fiscal policy and monetary policy goals," 2010 Meeting Papers 1089, Society for Economic Dynamics.
- Klaus Adam & Roberto M. Billi, 2010. "Distortionary fiscal policy and monetary policy goals," Research Working Paper RWP 10-10, Federal Reserve Bank of Kansas City.
- Roberto Tamborini, 2007. "Rescuing the LM (and the money market) in a modern Macro course," Department of Economics Working Papers 0706, Department of Economics, University of Trento, Italia.
- Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
More about this item
Keywords
; ; ; ; ; ; ; ; ; ;JEL classification:
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:bdrcap:2013-09-645-674. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/h/bdr/bdrcap/2013-09-645-674.html