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than 10% in a year. A remarkable exception was Colombia, where the economic crisis was very mild. The Colombian GDP did not …% of GDP. Nevertheless, the crisis of the 1980s in Colombia is a case study on the social costs of conflicts of interest …
Persistent link: https://www.econbiz.de/10014237287
The crisis of 1999 was Colombia's most significant economic crisis since the civil war of 1899-1902: GDP fell by 4 … capital inflows. Colombia was vulnerable to a reduction in capital inflows due to the high indebtedness of households, firms …
Persistent link: https://www.econbiz.de/10014237286
This paper applies Tian's liquidity risk model to analysis the liquidity shocks to the banking industry during the Great Depression. The weekly change of banks' balance sheet shows banks' liquidity preference was changed significantly during 1920s. Call-loans, functioned as today's shadow...
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We study how a bank credit crunch -- a dramatic worsening of firm and consumer access to bank credit, such as the one observed over the Great Recession -- translates into job losses in U.S. manufacturing industries. To identify the impact of the recent credit crunch, we rely on differences in...
Persistent link: https://www.econbiz.de/10013055719
In the years preceding the 2007-2009 financial crisis, forward-looking indicators of bank risk concentrated and suggested unusually low expectations of bank default. We assess whether the ex-ante (i.e. prior to the crisis) cross-sectional variability in bank characteristics is related to the...
Persistent link: https://www.econbiz.de/10013016064
situaciones económicas generaron en Colombia en una época tensa para la economía mundial. A través de la caricatura económica es … como una fuente para examinar la historia económica de Colombia.ABSTRACT: In this paper we use economic cartoons that were … tensions and economic situations lived in Colombia during a tough worldwide economic period. Through economic cartoon it is …
Persistent link: https://www.econbiz.de/10009278150
Latina, usando como estudio de caso la experiencia de Colombia (1923-2008). Desde su creación en 1923 la independencia y … objetivos del banco central en Colombia han sido modificados substancialmente. Entre 1923 y 1951 el banco central fue un ente …
Persistent link: https://www.econbiz.de/10008487191
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