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