The Effect of Communication and Credibility on Fiscal Disagreement: Empirical Evidence from Colombia

Vista sencilla de ítem
dc.contributor.authorAnzoátegui Zapata, Juan Camilo
dc.contributor.authorGalvis Ciro, Juan Camilo
dc.contributor.authorRamos Barroso, Cristina Isabel
dc.date.accessioned2024-12-03T19:49:19Z
dc.date.available2024-12-03T19:49:19Z
dc.date.issued2022
dc.description.abstractABSTRACT: The aim of this paper is to research the effects of the central bank’s communication on the forecast of the monetary policy interest rate. To do this, we analyze the case of the Colombian economy for the period 2014-2020. The methodology used consists of evaluating the information provided in the minutes, the volume of news and the central bank’s publications and evaluating their effects on the disagreements in the expectations of the financial market. Through econometric regressions and using the GMM method and the impulse-response VAR methodology, it is found that policy decisions made by consensus, as well as clarity in the drafting of minutes, reduce uncertainty among agents.
dc.description.researchareaEconomía y desarrollo
dc.description.researchgroupidCOL0087561
dc.format.extent24
dc.format.mimetypeapplication/pdf
dc.identifier.citationGalvis-Ciro, J. C., Anzoátegui-Zapata, J. C., & Ramos-Barroso, C. I. (2022). The effect of communication and credibility on fiscal disagreement: Empirical evidence from Colombia. Journal of Business Cycle Research, 18(3), 215-238.
dc.identifier.doihttps://doi.org/10.1007/s41549-022-00070-0
dc.identifier.urihttp://repositorio.unaula.edu.co:4000/handle/123456789/3374
dc.language.isoen
dc.publisherSpringer International Publishing
dc.publisher.groupInvestigaciones económicas - Ginveco
dc.relatedidentifier.url10.1007/s41549-022-00070-0
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.rights.accessrightshttp://purl.org/coar/access_right/c_16ec
dc.subject.proposalDisagreements
dc.subject.proposalFiscal expectations
dc.subject.proposalCommunication
dc.subject.proposalCredibility
dc.subject.proposalMonetary policy
dc.subject.unescoFinancial markets
dc.subject.unescoFinance and trade
dc.subject.unescourihttp://vocabularies.unesco.org/thesaurus/concept10884
dc.subject.unescourihttp://vocabularies.unesco.org/thesaurus/mt6.70
dc.titleThe Effect of Communication and Credibility on Fiscal Disagreement: Empirical Evidence from Colombia
dc.typeinfo:eu-repo/semantics/article
dc.type.coarhttp://purl.org/coar/resource_type/c_6501
dc.type.hasversioninfo:eu-repo/semantics/publishedVersion
dc.type.localArtículo de revista
dc.type.redcolhttp://purl.org/redcol/resource_type/ART
oaire.citationissue3
oaire.citationtitleRevista Journal of Business Cycle Research
oaire.citationvolume18
oaire.funderidentifier.isni0000 0001 0179 9190
oaire.fundernameUniversidad Autónoma Latinomericana UNAULA
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
Archivos
Bloque original
Mostrando1 - 1 de 1
Miniatura
Nombre:
unaula_rep_grup_inv_ginveco_2022_effect_communication_credibility_fiscal_disagreement
Tamaño:
696.13 KB
Formato:
Adobe Portable Document Format
Descripción:
Descargar
Bloque de licencias
Mostrando1 - 1 de 1
Miniatura
Nombre:
license.txt
Tamaño:
1.71 KB
Formato:
Item-specific license agreed upon to submission
Descripción:
Descargar
Colecciones
Investigaciones Económicas - GINVECO