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Flujos de capitales y política fiscal en las economías emergentes de América Latina

In: Flujos de capitales, choques externos y respuestas de política en países emergentes

Author

Listed:
  • Lozano-Espitia, Luis Ignacio
  • Melo-Becerra, Ligia Alba
  • Ramos-Forero, Jorge Enrique

Abstract

Se evalúa la respuesta de la política fiscal ante los choques de los flujos de capital registrados durante las dos últimas décadas en seis economías emergentes de América Latina: Argentina, Brasil, Chile, Colombia, México y Perú, durante el período 1991-2009.

Suggested Citation

  • Lozano-Espitia, Luis Ignacio & Melo-Becerra, Ligia Alba & Ramos-Forero, Jorge Enrique, 2013. "Flujos de capitales y política fiscal en las economías emergentes de América Latina," Chapters, in: Rincón-Castro, Hernán & Velasco, Andrés M. (ed.), Flujos de capitales, choques externos y respuestas de política en países emergentes, chapter 13, pages 533-563, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:bdrcap:2013-09-533-563
    DOI: 10.32468/Ebook.664-270-5
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    8. Ethan Ilzetzki & Carlos A. Vegh, 2008. "Procyclical Fiscal Policy in Developing Countries: Truth or Fiction?," NBER Working Papers 14191, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Melo-Becerra & Ramos-Forero & Hector Zárate-Solano, 2015. "Sovereign bond markets and financial stability in an emerging economy: an application of directed acyclic graphs and SVAR models," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 8(3), pages 306-319, November.
    2. Remberto Rhenals Monterrosa & Wilman G�mez, 2013. "La coyuntura macroeconómica reciente," Perfil de Coyuntura Económica, Universidad de Antioquia, CIE, issue 22, pages 9-38.
    3. Álvaro José Anaya Mendoza, 2012. "Inversión extranjera directa y crecimiento económico. Evidencia para América Latina 1980-2010," Revista de Economía del Caribe, Universidad del Norte, vol. 0(0), pages 1-28.
    4. Luis Hernando Portillo Riascos, 2021. "La posición cíclica de la política fiscal en Colombia durante el periodo 1990-2015," Revista Lecturas de Economía, Universidad de Antioquia, CIE, issue No. 95, pages 42-83.
    5. Ligia Alba Melo B & Jorge Ramos F & Hector Zarate S, 2013. "Mercado de bonos soberanos y estabilidad financiera: Una aplicaci�n de Gr�ficos Ac�clicos Direccionados (GAD) y modelos SVAR," Borradores de Economia 11099, Banco de la Republica.

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    JEL classification:

    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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