Dec 2013
Author(s): Alvaredo, Javier; Bonvecchi, Alejandro; Calvo, Ernesto; Castillo Carrillo, Maximiliano; Bonilla-Castro, Elssy; Gómez Sabaini, Juan C.
Although recent research has shed new light on the political determinants and economic consequences of tax lawmaking, existing analyses rely on coarse data measuring political aggregates.…
Mar 2007
Author(s): Panizza, Ugo; Jaimovich, Dany
There is a large literature showing that fiscal policy is either acyclical or countercyclical in industrial countries and procyclical in developing countries. Most of this literature is based on OLS…
Mar 2006
Author(s): Jaimovich, Dany; Panizza, Ugo
Commonly used datasets on the level of public debt provide incomplete country and period coverage. This paper presents a new dataset that includes complete series of central government debt for 89…
Mar 2006
Author(s): Jaimovich, Dany; Panizza, Ugo; Campos, Camil F.S.
This paper shows that budget deficits account for a relatively small fraction of debt growth and that stock-flow reconciliation, which is often considered a residual entity, is one of the key…
Jun 2005
Author(s): Gómez Sabaini, Juan C.; Barreix, Alberto Daniel; Agosin, Manuel R.; Machado, Roberto
Este documento fue comisionado por la Red de Integración y Comercio del Diálogo Regional de Política para la Reunión Subregional de Centroamérica celebrada los días 13 y 14 de junio de 2005 en San…