Fiscal policy in a small open economy with oil sector and non-ricardian agents

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Borradores de Economía; No. 759
Date published
2013-02-18
Date of last update
2013-02-18
Author
González-Gómez, Andrés
López-Piñeros, Martha Rosalba
Rodríguez-Niño, Norberto
Téllez, Santiago
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
In this paper we develop a dynamic stochastic general equilibrium fiscal model for the Colombian economy. The model has three main components: the existence of non-Ricardian households, price and wage rigidities, and a fiscal authority that finances gover
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http://repositorio.banrep.gov.co/handle/20.500.12134/5899
http://hdl.handle.net/20.500.12134/5899
https://doi.org/10.32468/be.759
https://ideas.repec.org/p/bdr/borrec/759.html
https://ideas.repec.org/p/col/000094/010483.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit