Colombia : Selected Issues

This Selected Issues paper assesses the monetary policy stance and broad financial conditions in Colombia. It uses a dynamic stochastic general equilibrium model of a small open economy to estimate the neutral rate. A financial conditions index is also constructed to assess overall financial conditi...

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Bibliographic Details
Main Authors: International Monetary Fund, Western Hemisphere Dept
Content type: Book
Published: Washington, D.C.: International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Online Access:Volltext
Source:E-Books

MARC

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041 0 7 |a eng  |2 ISO 639-2 
082 0 |a 330 
245 0 0 |a Colombia  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2017 
300 |a 47 pages 
490 0 |a IMF Staff Country Reports 
520 |a This Selected Issues paper assesses the monetary policy stance and broad financial conditions in Colombia. It uses a dynamic stochastic general equilibrium model of a small open economy to estimate the neutral rate. A financial conditions index is also constructed to assess overall financial conditions through three different transmission channels (credit, leverage, risk) of the financial sector to the state of the economy. Results reveal that both monetary policy and broad financial conditions in Colombia remained tight in 2016. The results also show that tighter financial conditions could have had a sizable impact on GDP growth 
651 4 |a Colombia 
653 |a Saving and investment 
653 |a Depository Institutions 
653 |a Mortgages 
653 |a Prices 
653 |a Interest rates 
653 |a Industrial productivity 
653 |a Industries: Financial Services 
653 |a Taxes 
653 |a Corporate income tax 
653 |a Infrastructure 
653 |a Housing prices 
653 |a Business Taxes and Subsidies 
653 |a Banking 
653 |a Economic Development: Urban, Rural, Regional, and Transportation Analysis 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Financial services 
653 |a Central bank policy rate 
653 |a Public finance & taxation 
653 |a Housing 
653 |a Property & real estate 
653 |a Macroeconomics 
653 |a Finance 
653 |a Financial institutions 
653 |a National accounts 
653 |a Housing Supply and Markets 
653 |a Micro Finance Institutions 
653 |a Banks and Banking 
653 |a Real Estate 
653 |a Public Finance 
653 |a Banks 
710 2 |a International Monetary Fund  |b Western Hemisphere Dept 
856 4 |u https://elibrary.imf.org/view/journals/002/2017/139/002.2017.issue-139-en.xml?cid=44953-com-dsp-marc  |x Verlag  |3 Volltext 
989 |b IMF  |b IMF  |a International Monetary Fund