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Sobre la naturaleza del ajuste fiscal en Colombia

Author

Listed:
  • Alberto Carrasquilla B.
  • Natalia Salazar F.

Abstract

Un eje fundamental de la teoría fiscal moderna se refiere al hecho de que las decisiones en materia de gasto público y tributación efectuadas en el presente, se relacionan con el curso futuro de la deuda pública y sus determinantes a través de la restricción intertemporal del presupuesto, según la cual el valor presente del stock de deuda a un horizonte infinito es cero. Dependiendo de la manera específica como se resuelva el problema de convergencia hacia la restricción presupuestal y de sus implicaciones a nivel de riqueza del sector privado, se podrían ver afectadas variables tales como el consumo y el stock de capital de largo plazo.

Suggested Citation

  • Alberto Carrasquilla B. & Natalia Salazar F., 1992. "Sobre la naturaleza del ajuste fiscal en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 11(21), pages 165-190, June.
    • Handle: RePEc:bdr:ensayo:v:11:y:1992:i:21:p:165-190
    DOI: 10.32468/Espe.2105
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    Citations

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    Cited by:

    1. Herrera, Santiago, 2000. "Determinantes y composición del endeudamiento público en Colombia," IDB Publications (Working Papers) 2110, Inter-American Development Bank.
    2. Jorge Ramos & Hernán Rincón, 2000. "El Balance Fiscal Y El Balance En La Cuenta Corriente En Colombia: Canales De Transmisión Y Causalidad," Borradores de Economia 2457, Banco de la Republica.
    3. Azuero, Francisco & Guzmán, Alexander & Trujillo, María Andréa, 2011. "Contratos de Estabilidad Jurídica en Colombia (CEJ): ¿información asimétrica, inconsistencia intertemporal o captura de la autoridad tributaria?," Galeras. Working Papers Series 031, Universidad de Los Andes. Facultad de Administración. School of Management.
    4. Santiago Herrera, 2000. "Determinantes y Composición del Endeudamiento Público en Colombia," Research Department Publications 3105, Inter-American Development Bank, Research Department.
    5. María Angélica Arbeláez Restrepo & Ulpiano Ayala Oramas & James Poterba, 2002. "Debt and Deficits:Colombia´s Unsustainable Fiscal Mix," Informes de Investigación 2250, Fedesarrollo.
    6. Campo Robledo, Jacobo, 2011. "Sostenibilidad fiscal: una aproximación con datos panel para 8 países Latinoaméricanos [Fiscal sustainability: A data panel approach for eight Latin American countries]," MPRA Paper 33091, University Library of Munich, Germany.
    7. Carrasquilla, Alberto, 1996. "The changing role of the public sector: The Colombian case," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(2), pages 167-181.
    8. Alonso, Julio César & Olivera, Mauricio & Fainboim Yaker, Israel, 1998. "La sostenibilidad de la política fiscal en América Latina: El caso de Colombia," IDB Publications (Working Papers) 6106, Inter-American Development Bank.
    9. World Bank, 2005. "Colombia : Public Expenditure Review," World Bank Publications - Reports 8559, The World Bank Group.

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