Balance of payments crises under fixed exchange rate in Colombia: 1938-1967
Between 1938 and 1967, including the Bretton Woods period after 1947, Colombia pegged its currency to the dollar. Although the exchange rate was fixed, the peso was devaluated more than 12% on six occasions. The devaluation episodes were complex, traumatic, highly politicized and had costly macroeco...
- Autores:
-
Sánchez, Fabio
Fernández, Andrés
Armenta, Armando
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2006
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/40996
- Acceso en línea:
- http://hdl.handle.net/1992/40996
- Palabra clave:
- Bretton woods
Devaluation
Fixed exchange rate regime
Monetary policy
N16, E5, E6
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/