Budget deficit, money growth and inflation: evidence from the colombian case
Borradores de Economía; No. 537
Date published
2008-11-15Date of last update
2008-11-15Author
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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
Evidence of the causal long-term relationship between budget deficit, money growth and inflation in Colombia is analyzed in this paper, considering the standard (M1), the narrowest (M0-Base) and the broadest (M3) definitions of money supply. Using a vecto
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https://repositorio.banrep.gov.co/handle/20.500.12134/5554https://hdl.handle.net/20.500.12134/5554
https://doi.org/10.32468/be.537
https://ideas.repec.org/p/bdr/borrec/537.html
https://ideas.repec.org/p/col/000094/005127.html
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