Financial crises, debt volatility and optimal taxes

dc.coverage.sucursalBogotáspa
dc.creatorParra-Polanía, Julián Andrés
dc.creatorVargas-Riaño, Carmiña Ofelia
dc.creator.firmaJulian A. Parra-Polania
dc.creator.firmaCarmiña O. Vargas
dc.date.accessioned2014-08-13T08:30:10Zeng
dc.date.available2014-08-13T08:30:10Zspa
dc.date.created2014-08-13spa
dc.date.issued2014-08-13eng
dc.description.abstractWe study financial crises in a small open production economy subject to credit constraint and uncertainty on the value of debt repayments. We find that the possibility of reducing the severity of future crises encourages the central planner (CP) to increaeng
dc.format.mimetypePDFspa
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/6126spa
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/6126eng
dc.language.isospaspa
dc.publisherBanco de la Repúblicaspa
dc.relation.doihttps://doi.org/10.32468/be.839spa
dc.relation.dotechttps://ideas.repec.org/p/col/000094/012027.htmlspa
dc.relation.ispartofDocumentos de Trabajospa
dc.relation.ispartofseriesBorradores de Economíaspa
dc.relation.isversionofBorradores de Economía; No. 839spa
dc.relation.numberBorrador 839spa
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/839.htmlspa
dc.rights.accessRightsOpen Accesseng
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0eng
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.spa
dc.rights.spaAcceso abiertospa
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/eng
dc.source.handleRepecRePEc:col:000094:012027spa
dc.subject.jelH21 - Efficiency; Optimal Taxationeng
dc.subject.jelF41 - Open Economy Macroeconomicseng
dc.subject.jelF34 - International Lending and Debt Problemseng
dc.subject.jelspaH21 - Eficiencia; Imposición óptimaspa
dc.subject.jelspaF34 - Préstamos internacionales y problemas relacionados con la deuda externaspa
dc.subject.jelspaF41 - Macroeconomía de la economía abiertaspa
dc.subject.keywordFinancial crisiseng
dc.subject.keywordCapital controlseng
dc.subject.keywordDebt shockseng
dc.subject.keywordOptimal taxeng
dc.subject.lembDeuda externaspa
dc.subject.lembDeuda externa -- Volatilidadspa
dc.subject.lembCrisis financieraspa
dc.subject.lembImpuestosspa
dc.titleFinancial crises, debt volatility and optimal taxeseng
dc.typeWorking Papereng
dc.type.hasversionPublished Versioneng
dc.type.spaDocumentos de trabajospa

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