The cyclical behavior of bank capital buffers in an emerging economy: size do matters

Using a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustemnts in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important determinants of bank capital buffers in previous studies, and find that bank capital buffers vary over the business cycle. We are able to identify a negative co-movement of capital buffers and and the business cycle. However, we also find that capital buffers of small and large banks behave asymmetrically during the business cycle. While the former appear to be constant over time, once the appropriate set of control variables is used, the latter present a countercyclical behavior. Our results suggest the possible need of the implementation of regulatory policy measures in developing countries

Students’ movement and participation in Latin-American psychology: historical and future perspectives

The historiographical paper presented is about the students’ activism and participation in the Latin American psychology. This aims are: 1) to provide a brief historic overview of the Latin American psychology; 2) to review on the students’ participation in the Latin American psychology; 3) to raise students’ future perspectives for the Latin American psychology. It is recognized that there is an extensive past of Latin American psychology and an emerging historiographical work that re fl ects that past.However, there are several historiographical gaps not covered yet by the investigations in the region. In this context, this paper wants to contribute to the study of the students’ activism and participation in the Latin American psychology construction. The historical perspective is supported by the renewed historiographical conception called instant history” which focuses on ancient and recent history at the same time. Indirect sources were used: articles, monographs and compiled editions.

Catholic worker movement: un análisis desde la acción política no violenta y la lógica transnacional de los movimientos sociales

El Catholic Worker Movement se ha caracterizado por enmarcarse en las dinámicas de movilización social y acción política no violenta, que respondían, desde su creación en 1933, a un conjunto de problemáticas sociales y económicas sobre las cuales la sociedad civil se interesó y dio inicio a su actividad en escenarios de la política doméstica de Estados Unidos. Pese a ser un movimiento que surgió en un contexto nacional con fundamentación religiosa, el CWM alcanzó el desarrollo de lógicas transnacionales que contribuyeron a la defensa de su causa y a la reivindicación de valores y principios que motivarían posteriormente a la búsqueda de recursos para reforzar su lucha. Así, el proceso de evolución del movimiento tomó dirección en torno a fenómenos como la difusión, la adquisición de repertorios de acción colectiva correspondientes a la no violencia, y al aprovechamiento de factores exógenos y endógenos representados en distintas formas de oportunidad política y capacidad organizativa.