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dc.creatorParra-Polanía, Julián Andrés
dc.creatorVargas-Riaño, Carmiña Ofelia
dc.description.abstractIn a previous paper (Parra-Polania and Vargas, 2015) we modify the ?nancial constraint of a very standard model to incorporate the fact that international lenders take into account that taxes (or subsidies) a¤ect borrowers?income available for debt repaym
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 945
dc.rights.accessRightsOpen Access
dc.titleRelevance of the fiscal-policy setup in the analysis of macroprudential and ex-post financial crisis interventions
dc.typeWorking Paper
dc.subject.jelD62 - Externalities
dc.subject.jelE62 - Fiscal Policy
dc.subject.jelF34 - International Lending and Debt Problems
dc.subject.jelF41 - Open Economy Macroeconomics
dc.subject.jelH23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
dc.subject.keywordFinancial crisis
dc.subject.keywordFiscal policy
dc.subject.keywordCredit constraint
dc.subject.keywordMacroprudential tax
dc.subject.keywordEx-post policy
dc.subject.lembRiesgo (Economía)
dc.subject.lembRiesgo financiero
dc.subject.lembPolítica financiera
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaF34 - Préstamos internacionales y problemas relacionados con la deuda externa
dc.subject.jelspaH23 - Externalidades; Efectos redistributivos; Impuestos y subvenciones medioambientales
dc.subject.jelspaD62 - Externalidades
dc.subject.jelspaF41 - Macroeconomía de la economía abierta
dc.subject.jelspaE62 - Política fiscal
dc.type.hasversionPublished Version
dc.rights.disclaimerLas 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.
dc.relation.numberBorrador 945
dc.creator.firmaJulian A. Parra-Polania
dc.creator.firmaCarmiña O. Vargas

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