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Social housing finance in Colombia
(2010-12)
In this paper we explore the role played by policy instruments on the access to housing finance of low-income households. We also analyze the impact of housing credit and subsidies on the quality of life and the quality of dwelling of the beneficiaries. Using the Quality of Life Surveys conducted in Colombia in 2003 and 2008, we find that policy instruments aimed at easing access of low-income households to affordable ...
Investment and exposure to exchange rate changes in Colombia
(2010-05)
"We assemble a large data base of Colombian medium - large firms covering the 1997-2008 period and study different channels through which real exchange rate (RER) changes affect firm investment and profits. With regard to investment, (i) there are adjustment costs, presumably related to capital market imperfections, (ii) investment increases with liquidity as firms face restricted access to external financing, (iii) ...
Impacto socioeconómico del sector azucarero colombiano en la economía nacional y regional
(2010-01)
"Este estudio identifica y cuantifica los impactos socioeconómicos generados por la actividad del sector azucarero en la economía colombiana y en la economía regional del valle geográfico del río Cauca. Para esto, el estudio presenta las metodologías y los resultados de una serie de ejercicios que incluyen el cálculo del efecto del sector en la economía nacional con la ayuda de la matriz insumo-producto del Departamento ...