La disyuntiva no es pagar o sisar la deuda, es pagarla a sobreprecio o a un precio justo

Mauricio Cabrera G. and Jorge Iván González ()
Additional contact information
Mauricio Cabrera G.: Universidad Nacional de Colombia
Jorge Iván González: Universidad Externado de Colombia y Universidad Nacional de Colombia

Revista de Economía Institucional, 2000, vol. 2, issue 3, pages 185-194

Abstract: The article shows that the disjunctive stated by Hernández et. al. between pay or excise national public debt is not relevant. Discussion should focus on the current price that is paid for national public debt. Treasury is offering TES on the market at an interest rate much greater than DTF. This extra charge, besides is not justified, increases national debt. Current management of national public debt should be restated so that fiscal adjustment and economic recovery can be accomplished.

Keywords: fiscal deficit; public debt; monetary policy; interest rate (search for similar items in EconPapers)
JEL-codes: E52 E58 H62 H63 (search for similar items in EconPapers)
Date: 2000
View list of references View citations in EconPapers

Downloads: (external link)
http://www.uexternado.edu.co/facecono/ecoinstituci ... papers/mcabrera3.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:rei:ecoins:v:2:y:2000:i:3:p:185-194

Access Statistics for this article

Revista de Economía Institucional is edited by Alberto Supelano

More articles in Revista de Economía Institucional from Universidad Externado de Colombia - Facultad de Economía
Address: Cra. 1 No. 12-68 Casa de las Mandolinas
Contact information at EDIRC.
Series data maintained by Carolina Hernández ().