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Industrial policies in Colombia
(2009-08)
"Latin American and Caribbean countries underperformance relative to other developing countries in terms of productivity growth has reflected on moderate average economic growth of the region over the last 15 years. Colombia is no exception."
Revisiting economic growth in Colombia: a microeconomic perspective
(2009-08)
"This paper revisits economic growth in Colombia using the growth diagnostics methodology proposed by Hausmann, Rodrik and Velasco (2005), with the purpose of identifying the most binding constraints for economic growth and the policies that, if implemented, can have the largest positive impact. To rank public policy priorities the HRV (2005) methodological approach is complemented with an econometric analysis of ...
The development of Colombian bond market
(2007-02)
"En este trabajo exploramos los determinantes y las consecuencias del desarrollo del mercado de bonos corporativos en Colombia. Utilizamos una muestra amplia con información por firma para el período 1997-2004 y encontramos que las firmas más grandes, rentables y apalancadas tienen una mayor probabilidad de emitir bonos. Los resultados econométricos también muestran que un mayor tamaño del mercado de deuda pública tiene ...