## Colombia: Selected Issues

_IMF Staff Country Reports, May 31, 2017_

## Source details

**Canonical URL:** [Colombia: Selected Issues](https://www.imf.org/en/publications/cr/issues/2017/05/31/colombia-selected-issues-44953)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/05/31/colombia-selected-issues-44953/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/05/31/colombia-selected-issues-44953/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/05/31/colombia-selected-issues-44953/bundle-manifest.json)

## Bibliographic details
- Published: May 31, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484302187.002

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### Objective and Methods
- Assesses the monetary policy stance and broad financial conditions in Colombia.
- Uses a dynamic stochastic general equilibrium model of a small open economy to estimate the neutral rate.
- Constructs a financial conditions index to assess overall financial conditions through three transmission channels: credit, leverage, risk.

### Key Findings
- Both monetary policy and broad financial conditions in Colombia remained tight in 2016.
- Tighter financial conditions could have had a sizable impact on GDP growth.

### Coverage and Subjects
- Central bank policy rate
- Corporate income tax
- Financial institutions
- Financial services
- Housing
- Housing prices
- Mortgages
- National accounts
- Prices
- Taxes

### Keywords
- Central bank policy rate
- Corporate income tax
- CR
- Europe
- Global
- house price
- Housing
- Housing prices
- ISCR
- monetary policy stance
- monetary policy tightening
- monetary policy transmission mechanism
- Mortgages
- reaction function
- reform
- VAT
- VAT revenue

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17139.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17139.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/05/31/colombia-selected-issues-44953_