Fiscal policy in a small open economy with oil sector and non-ricardian agents

In this paper we develop a dynamic stochastic general equilibrium fiscal model for the Colombian economy. The model has three main components: the existence of non-Ricardian households, price and wage rigidities, and a fiscal authority that finances gover

Detalles Bibliográficos
Autores Principales: González-Gómez, Andrés, López-Piñeros, Martha Rosalba, Rodríguez-Niño, Norberto, Téllez, Santiago
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2013
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5899