Lozano-Espitia, Ignacio; Arias Rodríguez, Fernando - In: Latin American journal of central banking : LAJCB 3 (2022) 4, pp. 1-14
This paper provides evidence of the relationship between fiscal and monetary policy in Colombia through an empirical exploration of the credit risk channel. Under this empirical approach, fiscal policy serves as an important explanatory role in the sovereign risk premium which, in turn, could...
