Examinando por Materia "Multiplicador fiscal"
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Publicación Multiplicador del gasto público productivo en Colombia : un análisis a partir de las metodologías S-VAR y modelos de equilibrio general dinámicos(Universidad EAFIT, 2020) Hurtado Rivera, Isaac; Torres García, AlejandroUsing a SVAR and dynamic general equilibrium model, it is calculated the impact of the productive public spending in GDP, consumption, employment and private investment in Colombia. The results obtained from both methodologies suggest that the public investment multiplier is smaller than unity, as predicts neoclassical theory, but differs in magnitude due to the different assumptions on theorical model and structural characteristics of Colombian economy.