摘要：This paper analyzes the welfare effects of improvements in investment in education and infrastructure with public-private participation, in a fiscal framework of a small and open economy for the Colombian economy. A DSGE model is built where families make decisions on human capital and the government finances megaprojects by placing infrastructure bonds. The results suggest greater effects in the long-term adjustment and improvements in social welfare when public spending is focused on sectors with higher levels of employment and technological and innovation improvements are introduced.
关键词：infrastructure; model DSGE; public spending; human capital;infraestructura; modelo DSGE; gasto público; capital humano;infraestrutura; modelo DSGE; despesa pública; capital humano
