About the blog
The BCC blog is a space of exchange among BCC stakeholders about topics of interest in the realm of central banking. It offers a space where latest trends can be discussed, practical experiences be shared, and a BCC community be developed.
The BCC programme, funded by SECO and implemented by The Graduate Institute, Geneva aims to support partner central banks in emerging countries in building the analytical and technical expertise to conduct effective monetary policy, promote stable and efficient financial sector, and be more operationally sustainable.
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The size of fiscal multipliers and the stance of monetary policy in developing economies - by Jair Ojeda-Joya and Oscar Guzman
Jair N. Ojeda-Joya, Banco de la Republica, Colombia