Incidencias de los sectores financiero, fiscal y externo en la actividad económica colombiana
Una aproximación VAR Bayesiana
Bibliographic Data
| ID | 6166946 |
|---|---|
| Authors | Oscar Espinosa (0000-0001-6605-013X), Oscar Andrés Espinosa (0000-0003-4893-0509), Oscar Andrés Espinosa Acuña, Paola Andrea Vaca González (0000-0002-5240-2437) |
| Year | 2015 |
| Issue | 75 |
| Pages | 11-49 |
| Publication date | 2015-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Revista Desarrollo y Sociedad (JOURNAL) |
| Journal identifiers | ISSN: 0120-3584 • E-ISSN: 1900-7760 |
| Publisher | Universidad de los Andes (PUBLISHER • VE) |
| DOI | 10.13043/dys.75.1 |
| OpenAlex | W2213946885 |
| Language | ES |
| References cited | 24 |
This paper analyzes the possible effects of different shocks from the financial, fiscal and external sectors, on the evolution of macroeconomic activity in Colombia. From an analytical approach of aggregate demand, it is employed Bayesian VAR models using the Minnesota prior density, with quarterly data for the period 1995-2013. Through the impulse-response analysis and Granger causality, the results show the potential risk scenarios in the aggregate economic growth, as well as stylized facts about relationships between variables of interest
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| Citation velocity | historical |
|---|---|
| Highly cited | No |