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Browsing by Autor "Marc Hofstetter"

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    50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010
    (RELX Group (Netherlands), 2012) Andrés Álvarez; Marc Hofstetter
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    Asymmetric Price Adjustments Under Ever-Increasing Costs - Evidence from the Retail Gasoline Market in Colombia
    (RELX Group (Netherlands), 2008) Marc Hofstetter; Jorge Tovar
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    Cincuenta años de vacantes en Colombia. El caso de Bogotá (1960-2010)
    (Fondo de Cultura Económica, 2013) Andrés Álvarez; Marc Hofstetter
    Este artículo presenta un novedoso conjunto de datos mensuales acerca de vacantes en Bogotá entre 1960 y 2010. El conjunto de datos se construyó mediante el conteo del número de anuncios de ofertas de empleo publicados en el periódico más importante de circulación nacional: El Tiempo. Describimos la metodología empleada para construir la base de datos, analizamos los posibles problemas asociados con ella y proponemos maneras de resolverlos. Este artículo también presenta una estimación de la tasa de vacantes. Trazamos una curva de Beveridge y utilizamos la tasa de vacantes para pronosticar el desempleo. Este primer vistazo a la serie arroja resultados congruentes, a la vez que deja un sinnúmero de preguntas abiertas para investigaciones futuras
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    Common Knowledge Reference Price and Asymmetric Price Adjustments
    (Springer Science+Business Media, 2010) Marc Hofstetter; Jorge Tovar
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    Determinants of Heterogenous Sacrifice Ratios
    (RELX Group (Netherlands), 2025) Marc Hofstetter; Laura Acevedo
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    Disinflations and Income Distribution
    (RELX Group (Netherlands), 2020) Laura Gómez-Acevedo; Marc Hofstetter
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    Effects of a Mortgage Interest Rate Subsidy: Evidence from Colombia
    (RELX Group (Netherlands), 2011) Marc Hofstetter; Jorge Tovar; Miguel Urrutia
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    El sistema tributario colombiano: diagnóstico y propuestas de reforma(The Colombian Tax System: A Diagnostic Review and Proposals for Reform)
    (RELX Group (Netherlands), 2022) Leopoldo Fergusson; Marc Hofstetter
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    Inflation Targeting in Colombia, 2002–12
    (2014) Franz Hamann; Marc Hofstetter; Miguel Urrutia
    Inflation Targeting in Colombia, 2002-12 O ver the last twenty years, nearly thirty countries have adopted inflationtargeting regimes to conduct monetary policy. In addition to the announcement of specific inflation targets, inflation-targeting regimes have been characterized by increased transparency, enhanced communication with the public, and explicit accountability mechanisms. Moreover, their policy strategy is based on setting short-run interest rates rather than on targeting monetary aggregates. In principle, inflation-targeting regimes also increase exchange rate flexibility.
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    Inflation Targeting in Colombia, 2002-2012
    (RELX Group (Netherlands), 2014) Miguel Urrutia; Marc Hofstetter; Franz Hamann
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    Inflation Targeting in Latin America: Toward a Monetary Union?
    (RELX Group (Netherlands), 2009) Marc Hofstetter
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    Job Vacancies in Colombia: 1976-2012
    (RELX Group (Netherlands), 2013) Andrés Álvarez; Marc Hofstetter
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    La política monetaria y la Corte Constitucional: el caso del salario mínimo
    (LA Referencia, 2006) Marc Hofstetter
    En 1999 la Corte Constitucional de Colombia determinó que los incrementos del salario mínimo no podían ser menores que la inflación anterior. Este artículo examina el impacto de esta decisión sobre la efectividad de la política monetaria, y muestra que la obligación de ajustar el salario teniendo en cuenta los precios anteriores lleva a que la política monetaria tenga mayor efecto sobre la actividad real y a que la inflación sea más persistente.
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    Lessons from a Bubble Burst
    (RELX Group (Netherlands), 2024) José Nicolás Rosas; Marc Hofstetter
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    Limits to Foreign Exchange Net Open Positions and Capital Requirements in Emerging Economies
    (RELX Group (Netherlands), 2018) Marc Hofstetter; José Ignacio Atienza López; Miguel Urrutia
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    Monetary Policy and Constitutional Court: The Minimum Wage Case
    (2006) Marc Hofstetter
    In 1999 the Colombian Constitutional Court ruled that annual minimum wage increases should not be lower than the inflation of the previous year. This article explores the impact of this decision on the effectiveness of monetary policy, and shows that the obligation to adjust the salary to past inflation leads monetary policy to have more effect on real activity and generates more persistent inflation.
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    Mortgage Interest Rates, Country Risk and Maturity Matching in Colombia
    (RELX Group (Netherlands), 2007) Arturo Galindo; Marc Hofstetter
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    On the Endogeneity of Inflation Targeting: Preferences Over Inflation
    (RELX Group (Netherlands), 2011) Nicolás de Roux; Marc Hofstetter
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    Paz Y Pib (Peace and GDP)
    (RELX Group (Netherlands), 2016) Marc Hofstetter
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    Ponzi Schemes and the Financial Sector: DMG and DRFE in Colombia
    (RELX Group (Netherlands), 2017) Marc Hofstetter; Daniel Mejía; José Nicolás Rosas
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