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La restricción intertemporal del presupuesto. Una evaluación empírica para el Gobierno Nacional Central de Colombia, 1950-2010


  • Álvaro Hernando Chaves



En este documento se analiza la sostenibilidad fiscal del GobiernoNacional Central en Colombia utilizando el enfoque de la RestricciónIntertemporal de Presupuesto. Los resultados empíricos revelan que laestrategia fiscal actual es sostenible. No obstante, se vislumbranproblemas de insolvencia en el largo plazo, lo que implica generar unmayor superávit primario en comparación con el actualmente programado.Lo anterior, se sustenta en los valores estimados de los indicadoresde sostenibilidad fiscal.

Suggested Citation

  • Álvaro Hernando Chaves, 2003. "La restricción intertemporal del presupuesto. Una evaluación empírica para el Gobierno Nacional Central de Colombia, 1950-2010," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID, December.
  • Handle: RePEc:col:000093:005790

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    References listed on IDEAS

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    More about this item


    sostenibilidad; solvencia; restricción intertemporal de presupuesto;

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt


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