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Ciclos de negocios en Colombia: 1980-2010

Author

Listed:
  • Viviana Alejandra Alfonso
  • Luis Eduardo Arango Thomas
  • Fernando Arias
  • Jos� David Pulido

Abstract

Se propone una cronolog�a para los ciclos de negocios en la concepci�n cl�sica del NBER; esto es, fechas de picos y valles que se alternan en la actividad econ�mica determinadas sin separar las series utilizadas en sus componentes transitorio y permanente. La cronolog�a estimada sugiere que los cinco ciclos completos que se han presentado entre 1980 y 2010 son asim�tricos y tienen una duraci�n aproximada de 5,1 a�os. Las expansiones duran en promedio 4,1 a�os mientras que las contracciones tardan 1,1 a�os. Los resultados se derivan de la utilizaci�n del �ndice de difusi�n acumulado con 24 series.

Suggested Citation

  • Viviana Alejandra Alfonso & Luis Eduardo Arango Thomas & Fernando Arias & Jos� David Pulido, 2011. "Ciclos de negocios en Colombia: 1980-2010," Borradores de Economia 8328, Banco de la Republica.
    • Handle: RePEc:col:000094:008328
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    References listed on IDEAS

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    Cited by:

    1. Andrés Álvarez & Marc Hofstetter, 2014. "Job vacancies in Colombia: 1976–2012," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-11, December.
    2. Luis E. Arango & Lina Cardona-Sosa, 2015. "Consumer credit performance over the business cycle in Colombia: some empirical facts," Borradores de Economia 12389, Banco de la Republica.
    3. Luis E. Arango & Lina Cardona-Sosa, 2015. "Determinants of consumer credit within a debt constrained framework. Evidence from microdata," Borradores de Economia 13965, Banco de la Republica.
    4. Andr�s Gonz�lez & Sergio Ocampo & Juli�n P�rez & Diego Rodr�guez, 2012. "Output gap and Neutral interest measures for Colombia," Borradores de Economia 9870, Banco de la Republica.
    5. Amador-Torres, J. Sebastián, 2017. "Finance-neutral potential output: An evaluation in an emerging market monetary policy context," Economic Systems, Elsevier, vol. 41(3), pages 389-407.
    6. Andrés González & Segio Ocampo & Julián Pérez & Diego Rodríguez, 2013. "Output Gap and Neutral Interest Measures of Colombia," Monetaria, CEMLA, vol. 0(2), pages 231-286, July-Dece.
    7. Carlos Gustavo Cano Sanz & César Vallejo Mejía & Edgar Caicedo García & Juan Sebastian Amador Torres & Evelyn Yohana Tique Calderón, 2012. "El mercado mundial del café y su impacto en Colombia," Borradores de Economia 710, Banco de la Republica de Colombia.
    8. Luis E. Arango & Lina Cardona-Sosa, 2015. "Consumer credit performance over the business cycle in Colombia: some empirical facts," Borradores de Economia 12389, Banco de la Republica.
    9. Enrique A. López-Enciso, 2017. "Dos tradiciones en la medición del ciclo: historia general y desarrollos en Colombia," Borradores de Economia 986, Banco de la Republica de Colombia.
    10. Fernando Arias Rodríguez & Celina Gait�n Maldonado & Johanna L�pez Velandia, 2014. "Las entidades financieras a lo largo del ciclo de negocios: ¿está el ciclo financiero sincronizado con el ciclo de negocios?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 32(75), pages 28-40.
    11. Fernando Arias Rodríguez & Celina Gait�n Maldonado & Johanna L�pez Velandia, 2014. "Las entidades financieras a lo largo del ciclo de negocios: ¿está el ciclo financiero sincronizado con el ciclo de negocios?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 32(75), pages 28-40.

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    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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