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Evaluación de la Política Fiscal de Bolivia

Evaluation of Bolivia's Fiscal Policy

Joab Valdivia Coria

MPRA Paper from University Library of Munich, Germany

Abstract: I built a general equilibrium model for a small open economy, in order to analyze the effects of fiscal spending in Bolivia, observing certain effects on variables like is constructed: GDP, consumption, investment, exports, imports, real exchange rate and interest rate. Shocks are transmitted to the economy in the presence of the relationship between fiscal spending and the international price of oil, which was analyzed. The results indicate that in the short-term commodity price shock and fiscal spending have positively impacts in the product and despise the way real change.

Keywords: Key words: Bayesian Estimation; Open Economy; Fiscal Spending; Dynamic Stochastic General Equilibrium (DSGE); commodity Price. (search for similar items in EconPapers)
JEL-codes: E42 E58 E63 H39 (search for similar items in EconPapers)
Date: 2016-09
New Economics Papers: this item is included in nep-dge and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://mpra.ub.uni-muenchen.de/78836/1/MPRA_paper_78836.pdf revised version (application/pdf)

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