Number:
50
Published:
Classification JEL:
E31, E52, E58
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Luis E. Arango, Luz Adriana Flórez, N. Johana Marín, Carlos Esteban Posada
Carlos Alberto Arango-Arango, Yanneth Rocío Betancourt-García
Colombian inflationary experience is explained using a theoretical model that stresses two elements: the effect of shocks and the type of policy designed to respond to them. The empirical investigation uses the event-study methodology and finds that the m