<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0121-6805</journal-id>
<journal-title><![CDATA[Revista Facultad de Ciencias Económicas: Investigación y Reflexión]]></journal-title>
<abbrev-journal-title><![CDATA[Rev.fac.cienc.econ.]]></abbrev-journal-title>
<issn>0121-6805</issn>
<publisher>
<publisher-name><![CDATA[Facultad de Ciencias Económicas Universidad Militar Nueva Granada]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0121-68052021000200121</article-id>
<article-id pub-id-type="doi">10.18359/rfce.5256</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[La tasa de cambio y sus impactos en los agregados económicos colombianos: una aproximación FAVAR]]></article-title>
<article-title xml:lang="en"><![CDATA[The Exchange Rate and its Impacts on Colombian Economic Aggregates: a FAVAR Approach]]></article-title>
<article-title xml:lang="pt"><![CDATA[A taxa de câmbio e seus impactos nos agregados económicos colombianos: uma abordagem FAVAR]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Candelo-Viafara]]></surname>
<given-names><![CDATA[Juan Manuel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Oviedo-Gómez]]></surname>
<given-names><![CDATA[Andrés]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad del Valle  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Pontificia Universidad Javeriana Cali  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<volume>29</volume>
<numero>2</numero>
<fpage>121</fpage>
<lpage>142</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0121-68052021000200121&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0121-68052021000200121&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0121-68052021000200121&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: Este documento identifica la relación existente entre la tasa de cambio y los diferentes agregados macroeconómicos en la economía colombiana, principalmente en la producción, el consumo, la inflación, la balanza comercial, la tasa de desempleo y la inversión, a través de la metodología Factor Augmented VAR (FAVAR). Se identifica que una apreciación del dólar genera cambios significativos sobre la actividad económica, la balanza comercial, los precios, el consumo y el gasto público.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Summary: This document identifies the relationship between the exchange rate and the different macroeconomic aggregates in the Colombian economy, mainly in production, consumption, inflation, trade balance, unemployment rate and investment, through the methodology Factor Augmented var (FAVAR). It is identified that an appreciation of the dollar generates significant changes in economic activity, the trade balance, prices, consumption, and public spending.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[Resumo: Este documento identifica a relação entre a taxa de câmbio e os diferentes agregados macroeconómicos da economia colombiana, principalmente na produção, no consumo, na inflação, na balança comercial, na taxa de desemprego e no investimento, por meio da metodologia Factor Augmented VAR (FAVAR). Identifica-se que a valorização do dólar gera mudanças significativas na ativi-dade económica, na balança comercial, preços, consumo e gastos públicos.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[tasa de cambio real]]></kwd>
<kwd lng="es"><![CDATA[FAVAR]]></kwd>
<kwd lng="es"><![CDATA[agregados económicos]]></kwd>
<kwd lng="es"><![CDATA[economía colombiana]]></kwd>
<kwd lng="en"><![CDATA[actual exchange rate]]></kwd>
<kwd lng="en"><![CDATA[FAVAR]]></kwd>
<kwd lng="en"><![CDATA[economic aggregates]]></kwd>
<kwd lng="en"><![CDATA[Colombian economy]]></kwd>
<kwd lng="pt"><![CDATA[taxa de câmbio real]]></kwd>
<kwd lng="pt"><![CDATA[FAVAR]]></kwd>
<kwd lng="pt"><![CDATA[agregados económicos]]></kwd>
<kwd lng="pt"><![CDATA[economia colombiana]]></kwd>
</kwd-group>
</article-meta>
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<page-range>147-66</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
