Borradores de Economia
Number:
537
Published:
Classification JEL:
H62, E51, E31, C12
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Oscar Botero-Ramírez, Andrés Murcia, Hernando Vargas-Herrera
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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
