Fiscal multipliers, oil revenues and balance sheet effects
Fiscal multipliers are different across countries and according with economic circumstances. The studies about the effect of a government spending shock on output have focus their attention on the behavior of consumption. However, the crowding out of inve
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Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
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Banco de la República
2016
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Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/6287 |