Fiscal policy in Colombia and a prospective analysis after the 2008 financial crisis

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Borradores de Economía; No. 596
Date published
2010-04-18
Date of last update
2010-04-18
Author
Lozano-Espitia, Luis Ignacio
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
The purpose of this study is twofold: First, it provides an empirical characterization of fiscal policy in Colombia over the last decades, by assessing the three most relevant macroeconomic factors: the behavior of fiscal policy over the business cycle; w
JEL Codes
E69 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: OtherE62 - Fiscal PolicyE32 - Business Fluctuations; CyclesG21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Keywords
Fiscal policy ; Business fluctuations ; Banking crisis ; Rules vs. discretion ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5613
https://hdl.handle.net/20.500.12134/5613
https://doi.org/10.32468/be.596
https://ideas.repec.org/p/bdr/borrec/596.html
https://ideas.repec.org/p/col/000094/006904.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