IDEAS home Printed from https://ideas.repec.org/p/col/000094/009601.html
   My bibliography  Save this paper

Lecciones de las crisis financieras recientes para el diseño e implementación de las políticas monetaria y financiera en Colombia

Author

Listed:
  • Juan Pablo Zárate Perdomo

    ()

  • Adolfo León Cobo

    ()

  • José Eduardo Gómez Gónzalez

    ()

Abstract

El presente trabajo da cuenta de las principales lecciones que se han recogido en materia de política monetaria y financiera sobre la crisis actual, y traza un paralelo con la crisis colombiana de los noventa (guardadas las proporciones) y con las acciones que de ella se derivaron. Además propone algunas acciones que podrían adoptarse en materia de implementación de las políticas monetarias y financieras con el fin de reducir los riesgos asociados con el comportamiento del sistema financiero y de crédito, tendientes a buscar una economía más estable y con menores desbalances macroeconómicos en el largo plazo.

Suggested Citation

  • Juan Pablo Zárate Perdomo & Adolfo León Cobo & José Eduardo Gómez Gónzalez, 2012. "Lecciones de las crisis financieras recientes para el diseño e implementación de las políticas monetaria y financiera en Colombia," BORRADORES DE ECONOMIA 009601, BANCO DE LA REPÚBLICA.
  • Handle: RePEc:col:000094:009601
    as

    Download full text from publisher

    File URL: http://www.banrep.gov.co/docum/ftp/be_708.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Fernando Tenjo & Martha López, 2010. "Early Warning Indicators for Latin America," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 28(63), pages 232-259, December.
    2. Svensson, Lars E.O., 2010. "Inflation Targeting," Handbook of Monetary Economics,in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 22, pages 1237-1302 Elsevier.
    3. Charles W. Calomiris & Stanley D. Longhofer & William Miles, 2008. "The Foreclosure-House Price Nexus: Lessons from the 2007-2008 Housing Turmoil," NBER Working Papers 14294, National Bureau of Economic Research, Inc.
    4. 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.
    5. García-Suaza, Andrés Felipe & Gómez-González, José E., 2010. "The competing risks of acquiring and being acquired: Evidence from Colombia's financial sector," Economic Systems, Elsevier, vol. 34(4), pages 437-449, December.
    6. Allan H. Meltzer, 2009. "Reflections on the Financial Crisis," Cato Journal, Cato Journal, Cato Institute, vol. 29(1), pages 25-30, Winter.
    7. David Laidler, 2009. "Financial Stability, Monetarism and the Wicksell Connection," Review of Economic Analysis, Rimini Centre for Economic Analysis, vol. 1(1), pages 60-79, September.
    8. Stanley Fischer, 2011. "Central Bank Lessons from the Global Crisis," Working Papers id:3645, eSocialSciences.
    9. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Juan José Echavarría & Luis Fernando Melo & Santiago Téllez & Mauricio Villamizar, 2013. "The impact of pre-announced day-to-day interventions on the Colombian exchange rate," BIS Working Papers 428, Bank for International Settlements.
    2. Santiago Cajiao Raigosa & Luis Fernando Melo Velandia & Daniel Parra Amado, 2014. "Pronósticos para una economía menos volátil: el caso colombiano," COYUNTURA ECONÓMICA, FEDESARROLLO, December.
    3. Johanna Inés Cárdenas Pinzón & Luis Eudoro Vallejo Zamudio, 2013. "Comportamiento de la inflación en Colombia 2002-2010 y régimen de metas de inflación," REVISTA APUNTES DEL CENES, UNIVERSIDAD PEDAGOGICA Y TECNOLOGICA DE COLOMBIA, June.

    More about this item

    Keywords

    Crisis financiera internacional; Colombia; Lecciones de política.;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:col:000094:009601. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Clorith Angélica Bahos Olivera). General contact details of provider: .

    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 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.