Macroeconomy, financial volatílity and rate of sacrifice in Colombia Macroeconomía, volatilidad financiera y tasa de sacrificio en Colombia
In a context of exchange rate liberalization, the current recession is the result of two factors: a) the instability generated by international capital flows, and b) the high cost resul ting from by monetary policy. This article proposes some causal relations between financial internationalization,...
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Colombia
1999-06-01
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| Series: | Cuadernos de Economía |
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| Online Access: | http://www.revistas.unal.edu.co/index.php/ceconomia/article/view/11418 |