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...
Main Authors: | , , |
---|---|
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 |