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El Balance Fiscal Y El Balance En La Cuenta Corriente En Colombia: Canales De Transmisi�N Y Causalidad

Author

Listed:
  • Jorge Ramos
  • Hern�n Rinc�n

Abstract

Este documento identifica y eval�a emp�ricamente los posibles canales de transmisi�n entre el balance fiscal y el balance en cuanta corriente y determina estad�sticamente la posible causalidad entre ellos. Para el per�odo analizado, no se encuentra una clara relaci�n entre los dos balances, y entre ellos y los canales de transmisi�n identificados por la teor�a. Cuando existen indicios estad�sticos de un nexo entre los dos balances, el sentido de la relaci�n es inverso al que com�nmente se espera, es decir, se encuentra que el balance en cuenta corriente causa el balance fiscal.

Suggested Citation

  • Jorge Ramos & Hern�n Rinc�n, 2000. "El Balance Fiscal Y El Balance En La Cuenta Corriente En Colombia: Canales De Transmisi�N Y Causalidad," Borradores de Economia 2457, Banco de la Republica.
    • Handle: RePEc:col:000094:002457
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    References listed on IDEAS

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    JEL classification:

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

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