Borradores de Economia
Number:
945
Published:
Classification JEL:
E62, F34, F41, H23, D62
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Constanza Martínez-Ventura, Ligia Alba Melo-Becerra
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido
In a previous paper (Parra-Polania and Vargas, 2015) we modify the ?nancial constraint of a very standard model to incorporate the fact that international lenders take into account that taxes (or subsidies) a¤ect borrowers?income available for debt repaym
