Una aproximación empírica a la comunicación fiscal y sus efectos sobre los rendimientos de los títulos de deuda pública para el caso colombiano

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dc.contributor.advisorGalvis-Ciro, Juan Camilospa
dc.contributor.authorCárdenas-Cardona, Carlos Maurospa
dc.contributor.corporatenameUniversidad Nacional de Colombia - Sede Medellínspa
dc.date.accessioned2020-05-11T22:43:29Zspa
dc.date.available2020-05-11T22:43:29Zspa
dc.date.issued2020spa
dc.description.abstractThis paper presents an analysis to quantify the communication on fiscal policy in Colombia based on information available in the news about the government deficit issued by the main newspapers in the country. An index on the fiscal position is constructed and, by means of an econometric analysis, its effects on the public debt securities returns for the period 2010-2018 are estimated. The results indicate that the greater the fiscal deficit indicated in the fiscal news, the greater the return required in public debt, although the effects are only important in short-term securitiesspa
dc.description.abstractEste trabajo presenta un análisis para cuantificar la comunicación sobre la política fiscal en Colombia, a partir de información disponible en las noticias sobre el déficit del gobierno que emiten los principales periódicos del país. Es construido un índice sobre la postura fiscal y, mediante un análisis econométrico, son estimados sus efectos sobre los retornos de los títulos de deuda pública para el período 2010-2018. Los resultados indican que cuanto mayor es el déficit fiscal señalizado en las noticias fiscales, mayor es el retorno exigido en la deuda pública, aunque los efectos solo son importantes en los títulos de corto plazo.spa
dc.description.degreelevelMaestríaspa
dc.format.extent63spa
dc.format.mimetypeapplication/pdfspa
dc.identifier.citationCárdenas-Cardona, C. M. (2020). Una aproximación empírica a la comunicación fiscal y sus efectos sobre los rendimientos de los títulos de deuda pública para el caso colombiano (Tesis de Maestría). Universidad Nacional de Colombia, Medellín.spa
dc.identifier.urihttps://repositorio.unal.edu.co/handle/unal/77503
dc.language.isospaspa
dc.publisher.branchUniversidad Nacional de Colombia - Sede Medellínspa
dc.publisher.departmentDepartamento de Economíaspa
dc.publisher.programMedellín - Ciencias Humanas y Económicas - Maestría en Ciencias Económicasspa
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dc.rightsDerechos reservados - Universidad Nacional de Colombiaspa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.rights.licenseAtribución-NoComercial 4.0 Internacionalspa
dc.rights.spaAcceso abiertospa
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/spa
dc.subject.ddc330 - Economíaspa
dc.subject.proposalColombia - Deuda públicaspa
dc.subject.proposalPublic debteng
dc.subject.proposalColombia- Politica fiscalspa
dc.subject.proposalFiscal policyeng
dc.titleUna aproximación empírica a la comunicación fiscal y sus efectos sobre los rendimientos de los títulos de deuda pública para el caso colombianospa
dc.title.alternativeAn empirical approach to fiscal communication and its effects on government bonds in the Colombian casespa
dc.typeTrabajo de grado - Maestríaspa
dc.type.coarhttp://purl.org/coar/resource_type/c_bdccspa
dc.type.coarversionhttp://purl.org/coar/version/c_ab4af688f83e57aaspa
dc.type.contentTextspa
dc.type.driverinfo:eu-repo/semantics/masterThesisspa
dc.type.versioninfo:eu-repo/semantics/acceptedVersionspa
oaire.accessrightshttp://purl.org/coar/access_right/c_abf2spa

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