Show simple item record

dc.creatorParra-Polanía, Julián Andrés
dc.creatorVargas-Riaño, Carmiña Ofelia
dc.description.abstractWe argue that international lenders take into account that taxes (or subsidies) affect borrowers’income available for debt repayments. Using an endowment-economy model, we show that by incorporating this fact into the analysis of …financial crises from th
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 879
dc.rights.accessRightsOpen Access
dc.titleMacroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
dc.typeWorking Paper
dc.subject.jelF34 - International Lending and Debt Problems
dc.subject.jelH23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
dc.subject.jelD62 - Externalities
dc.subject.jelF41 - Open Economy Macroeconomics
dc.subject.keywordFinancial crisis
dc.subject.keywordCredit constraint
dc.subject.keywordCapital controls
dc.subject.keywordMacroprudential tax
dc.subject.keywordExchange rate policy
dc.subject.lembCrisis financiera
dc.subject.lembTipos de cambio
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaH23 - Externalidades; Efectos redistributivos; Impuestos y subvenciones medioambientales
dc.subject.jelspaD62 - Externalidades
dc.subject.jelspaF41 - Macroeconomía de la economía abierta
dc.subject.jelspaF34 - Préstamos internacionales y problemas relacionados con la deuda externa
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.creator.firmaJulian A. Parra-Polania
dc.creator.firmaCarmiña O. Vargas

Files in this item


This item appears in the following Collection(s)

Show simple item record

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