Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders

We argue that international lenders take into account that taxes (or subsidies) affect borrowers’income available for debt repayments. Using an endowment-economy model, we show that by incorporating this fact into the analysis of …financial crises from th

Detalles Bibliográficos
Autores Principales: Parra-Polanía, Julián Andrés, Vargas-Riaño, Carmiña Ofelia
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2015
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/6168
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recordtype dspace
spelling oai:RI-BanRep:20.500.12134-61682019-05-13T17:23:36Z Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders Parra-Polanía, Julián Andrés Vargas-Riaño, Carmiña Ofelia F34 - International Lending and Debt Problems H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies D62 - Externalities F41 - Open Economy Macroeconomics Financial crisis Credit constraint Capital controls Macroprudential tax Exchange rate policy Impuestos Crisis financiera Tipos de cambio H23 - Externalidades; Efectos redistributivos; Impuestos y subvenciones medioambientales D62 - Externalidades F41 - Macroeconomía de la economía abierta F34 - Préstamos internacionales y problemas relacionados con la deuda externa We argue that international lenders take into account that taxes (or subsidies) affect borrowers’income available for debt repayments. Using an endowment-economy model, we show that by incorporating this fact into the analysis of …financial crises from th 2015-04-13 2015-04-13 Working Paper Documentos de trabajo Published Version http://repositorio.banrep.gov.co/handle/20.500.12134/6168 http://hdl.handle.net/20.500.12134/6168 spa Documentos de Trabajo Borradores de Economía Borradores de Economía; No. 879 https://ideas.repec.org/p/bdr/borrec/879.html Open Access https://creativecommons.org/licenses/by-nc-sa/4.0/ Acceso abierto Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva. PDF application/pdf Bogotá Banco de la República
institution Repositorio Institucional del Banco de la República de Colombia
collection DSpace
language Español (Spanish)
topic F34 - International Lending and Debt Problems
H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
D62 - Externalities
F41 - Open Economy Macroeconomics
Financial crisis
Credit constraint
Capital controls
Macroprudential tax
Exchange rate policy
Impuestos
Crisis financiera
Tipos de cambio
H23 - Externalidades; Efectos redistributivos; Impuestos y subvenciones medioambientales
D62 - Externalidades
F41 - Macroeconomía de la economía abierta
F34 - Préstamos internacionales y problemas relacionados con la deuda externa
spellingShingle F34 - International Lending and Debt Problems
H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
D62 - Externalities
F41 - Open Economy Macroeconomics
Financial crisis
Credit constraint
Capital controls
Macroprudential tax
Exchange rate policy
Impuestos
Crisis financiera
Tipos de cambio
H23 - Externalidades; Efectos redistributivos; Impuestos y subvenciones medioambientales
D62 - Externalidades
F41 - Macroeconomía de la economía abierta
F34 - Préstamos internacionales y problemas relacionados con la deuda externa
Parra-Polanía, Julián Andrés
Vargas-Riaño, Carmiña Ofelia
Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
description We argue that international lenders take into account that taxes (or subsidies) affect borrowers’income available for debt repayments. Using an endowment-economy model, we show that by incorporating this fact into the analysis of …financial crises from th
format Documento de trabajo (Working Paper)
author Parra-Polanía, Julián Andrés
Vargas-Riaño, Carmiña Ofelia
author_facet Parra-Polanía, Julián Andrés
Vargas-Riaño, Carmiña Ofelia
author_sort Parra-Polanía, Julián Andrés
title Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
title_short Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
title_full Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
title_fullStr Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
title_full_unstemmed Macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
title_sort macroprudential vs. ex-post policy interventions : when domestic taxes are relevant for international lenders
publisher Banco de la República
publishDate 2015
url http://repositorio.banrep.gov.co/handle/20.500.12134/6168
_version_ 1637299815641513984
score 12,131701