Macroeconomic Effects of Structural Fiscal Policy Changes in Colombia

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

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Lina Fernanda Torres-Gutierrez, Gonzalo Ossa-Stipcianos, Edwin Mauricio Parra-Rodriguez, Egberto Alexander Riveros, Alvaro José Martinez-Monroy, Julián Andrés Gomez-Duran, Juan Sebastián Rojas-Moreno

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