Macroeconomic Effects of Structural Fiscal Policy Changes in Colombia

Borradores de Economia
Número: 
691
Publicado: 
Palabras clave: 
Fiscal policy, Macroeconomy, Monetary Policy and Real Interest

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In the past decade the Colombian Economic Authorities undertook a series of measures that reduced the structural fiscal deficit, decreased the Government currency mismatch and deepened the local fixed-rate public bond market. This paper presents some evid