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

Borradores de Economía; No. 759
Fecha
2013-02Las 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
Códigos JEL
Keywords
URI
http://repositorio.banrep.gov.co/handle/20.500.12134/5899https://ideas.repec.org/p/bdr/borrec/759.html
Colecciones
- Borradores de Economía [1046]
