A Macro CGE Model for the Colombian Economy

Borradores de Economia
Number: 
863
Published: 
Classification JEL: 
C67, C68, D57, D58
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper presents the construction of a tailor-made Macro Computable General Equilibrium Model for the Colombian economy that satisfies Banco de la República's macroeconomic programming and forecasting interests. Using information on the national accoun