Perdomo-Sánchez, Hernán Darío
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- Publicación |Is economic activity solely responsible for increases in inflation and for deviations from the inflation target? Through the implementation of a hemispheric neural network, this paper shows that inflation expectations, supply-side changes, exchange rate volatility, price indexation, and wage…
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Macroeconomic imbalances are understood as the deviations of key variables from their long-term equilibrium values. These imbalances can accumulate over time, often during economic boom periods, increasing an economy’s vulnerability to adverse shocks and preface economic contractions and…
- Publicación |Abstract
- Publicación |
After facing the adverse effects brought on by the COVID-19 pandemic, in 2021 and 2022 the Colombian economy grew at a remarkable pace, reflected in a widening of the current account deficit to levels close to its historical maximums (-5.6% and -6.1% of GDP, respectively). In…
