Fiscal Policy in Colombia and a Prospective Analysis After the 2008 Financial Crisis

Borradores de Economia
Número: 
596
Publicado: 
Clasificación JEL: 
E62, E32, G21, E69
Palabras clave: 
Fiscal policy, business fluctuations, banking crisis, rules vs. discretion

Lo más reciente

Pedro Pablo Calderon-Camacho, Celina Gaitán-Maldonado, Nicolle Valentina Herrera-Pinto, Mario A. Ramos-Veloza
Franky Juliano Galeano-Ramírez, Nicolás Martínez-Cortés, Hernán Dario Perdomo-Sánchez, Marlon Salazar
Catalina Granda-Carvajal, Jesús Enrique Morales-Piñero

The purpose of this study is twofold: First, it provides an empirical characterization of fiscal policy in Colombia over the last decades, by assessing the three most relevant macroeconomic factors: the behavior of fiscal policy over the business cycle; w