Las primas de riesgo de renta variable ex post y los ciclos económicos en colombia: una investigación empírica utilizando los filtros de kalman y hodrick-prescott

This article investigates the relationship between ex-post Equity Risk Premium (ERP) on the Colombian stock market and the economic cycles observed in the country using methodologies based on the Hodrick-Prescott and Kalman filters. Accordingly, a short-term econometric model is put forward for each...