The implementation of the subnational fiscal rules in Colombia that occurred between 1997 and 2003 was aimed at the recovery of local governments’ fiscal sustainability put at risk with the increase in spending, debt and deficit, events related with the…
Regional Economics
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- Publicación |Abstract The consequences of the most generalized lockdowns in the recent history promptly brought the deepest falls in consumption, production and employment, and the consequent increase in poverty. So far, almost all literature has focused on the effects of the lockdowns in the private…
Subnational Fiscal Rules in Colombia: from their establishment to the results amid COVID-19 pandemic
Publicación |The opinions expressed in this document are those of the authors and do not necessarily reflect the views of Banco de la República or its Board of Directors.
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva del autor y no comprometen al Banco de la República ni a su Junta Directiva.
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This paper measures the impact of strengthening the security policy on the rural labour market in Colombia by exploiting the structural change in the number of rural seizures. The new policy produced dissimilar effects across gender, age-groups, and types of occupation. For adults, especially…