Plausibly Exogenous [1727] - Colombia (10/25/2024)

LHS Variable
Private access to credit

RHS Variable
Government access to foreign credit

Source of Exogenous Variation
Sudden, and unanticipated increase in capital inflows to the sovereign debt market in Colombia, due to a rebalancing in a government bond index by J.P. Morgan

- Williams (2018), “Capital inflows, sovereign debt and bank lending: Micro-evidence from an emerging market”