Multipliers of taxes and public spending in Colombia: SVAR and local projections approaches

This paper estimates and analyzes multipliers for tax revenue and public spending for Colombia using structural autoregressive vectors and local projections models. Quarterly series of the central national government between 2000Q1 and 2018Q4 are used. The results show fiscal multipliers that are le...

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Bibliographic Details
Main Authors: Sergio Restrepo-Ángel, Hernán Rincón-Castro, Juan J. Ospina-Tejeiro
Format: Article
Language:English
Published: Elsevier 2022-09-01
Series:Latin American Journal of Central Banking
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143822000242