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Macroeconomic Effects of Structural Fiscal Policy Changes in Colombia

Hernando
Vargas-Herrera
Andrés
González
Luis Ignacio
Lozano-Espitia
Miércoles, 1 Febrero 2012

In the past decade the Colombian Economic Authorities undertook a series of measures that reduced the structural fiscal deficit, decreased the Government currency mismatch and deepened the local fixed-rate public bond market. This paper presents some evid