Hamann, Franz; Pérez, Julián; Restrepo, Paulina - In: ENSAYOS SOBRE POLÍTICA ECONÓMICA (2005)
This paper presents a quantitative analysis of the way in which a government finances its fiscal deficit in a small open economy. In particular, it focuses on the evaluation of the macroeconomic impact of a situation in which, given a fiscal deficit, the government decides whether to finance it...