Reference financial cycle in Colombia

In this paper we date recession and expansion phases for several financial variables in Colombia and construct a reference financial cycle for the economy. The selected variables include the stock market index (IGBC), the ratio of total loans to GDP, the ratio of consumption loans to GDP, and the re...

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Bibliographic Details
Main Authors: Jorge Uribe, Inés Ulloa, Johanna Perea
Format: Article
Language:English
Published: Universidad de Antioquia 2015-07-01
Series:Lecturas de Economía
Subjects:
Online Access:https://revistas.udea.edu.co/index.php/lecturasdeeconomia/article/view/23437