Sep 2017
Author(s): Panizza, Ugo
The paper shows that international government borrowing from multilateraldevelopment banks is countercyclical while international government borrowing form private sector lenders is procyclical. The…
Apr 2015
Author(s): Fretes Cibils, Vicente; Ter-Minassian, Teresa; Scrofina, J. Sebastián; Ortega, Federico; Ríos, Germán; Rasteletti, Alejandro; Ramírez Verdugo, Arturo; Pineda, Emilio; Martínez-Vázquez, Jorge; Sepúlveda, Cristián; Canavire-Bacarreza, Gustavo; Zenteno, Jannet; España Eljaiek, Irina; Sánchez Torres, Fabio; Brosio, Giorgio; Templado, Ivana; Moskovits, Cynthia; Cristini, Marcela; Auguste, Sebastián; Artana, Daniel
This book analyzes the reasons for lackluster performance selected Latin American countries in mobilizing subnational own-source revenues and explores policy options to increase these revenues as…
Apr 2015
Author(s): Fretes Cibils, Vicente; Ter-Minassian, Teresa; Scrofina, J. Sebastián; Ortega, Federico; Ríos, Germán; Rasteletti, Alejandro; Ramírez Verdugo, Arturo; Pineda, Emilio; Martínez-Vázquez, Jorge; Sepúlveda, Cristián; Canavire-Bacarreza, Gustavo; Zenteno, Jannet; España Eljaiek, Irina; Sánchez Torres, Fabio; Brosio, Giorgio; Templado, Ivana; Moskovits, Cynthia; Cristini, Marcela; Auguste, Sebastián; Artana, Daniel
Este libro analiza las razones de desempeño mediocre de países seleccionados de América Latina en la movilización de ingresos propios subnacionales y explora las opciones de política para aumentar…
Mar 2015
Author(s): Fretes Cibils, Vicente; Ter-Minassian, Teresa; Scrofina, J. Sebastián; Ortega, Federico; Ríos, Germán; Rasteletti, Alejandro; Ramírez Verdugo, Arturo; Pineda, Emilio; Martínez-Vázquez, Jorge; Sepúlveda, Cristián; Canavire-Bacarreza, Gustavo; Zenteno, Jannet; España Eljaiek, Irina; Sánchez Torres, Fabio; Brosio, Giorgio; Templado, Ivana; Moskovits, Cynthia; Cristini, Marcela; Auguste, Sebastián; Artana, Daniel
This book analyzes the reasons for lackluster performance selected Latin American countries in mobilizing subnational own-source revenues and explores policy options to increase these revenues as…
Mar 2015
Author(s): Fretes Cibils, Vicente; Ter-Minassian, Teresa; Scrofina, J. Sebastián; Ortega, Federico; Ríos, Germán; Rasteletti, Alejandro; Ramírez Verdugo, Arturo; Pineda, Emilio; Martínez-Vázquez, Jorge; Sepúlveda, Cristián; Canavire-Bacarreza, Gustavo; Zenteno, Jannet; España Eljaiek, Irina; Sánchez Torres, Fabio; Brosio, Giorgio; Templado, Ivana; Moskovits, Cynthia; Cristini, Marcela; Auguste, Sebastián; Artana, Daniel
Este libro analiza las razones de desempeño mediocre de países seleccionados de América Latina en la movilización de ingresos propios subnacionales y explora las opciones de política para aumentar…
Nov 2014
Author(s): Bonet, Jaime Alfredo; Muñoz Miranda, Andrés; Pineda Mannheim, Carlos R.; Díaz Frers, Luciana; Castro, Lucio; De Cesare, Claudia M.; Alves Dantas, Rubens; Duarte Ribeiro, José Luis; Portugal, José Luiz; Sánchez Torres, Fabio; España Eljaiek, Irina; Robalino, Juan; Hall, Luis J.; Slon, Pablo; Sandoval, Catalina
Esta investigación identifica los factores que determinan el desempeño del impuesto a la propiedad inmobiliaria en América Latina y estima su potencial recaudatorio. Durante la última década, el…
Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
There is growing evidence that individual responses to public policies are, to a large extent, mediated by the way the policies are framed, by people's cognitive and computational capabilities,…
Oct 2014
Author(s): Castro, Lucio; Scartascini, Carlos
Hay creciente evidencia de que las respuestas individuales a las políticas públicas están, en gran medida, mediatizadas por la manera en que se formulan las políticas, por las capacidades cognitivas…
Mar 2014
Author(s): Carballo, Jerónimo; Graziano, Alejandro; Schaur, Georg; Volpe Martincus, Christian
Time delays in international transactions impose trade costs. We examine transaction level Peruvian import data to show that firms are subject to significant costs of port-of-entry delays. At the…
Aug 2012
Author(s): Ríos, Germán; Ortega, Federico; Scrofina, J. Sebastián
This paper analyzes the high fiscal dependence of Venezuelan states and municipalities on the central government and the political economy process embedded in the interaction between the central…
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…
Dec 2006
Author(s): Galindo, Arturo; Scartascini, Carlos; Payne, J. Mark; Daughters, Robert; Melo, Alberto; Echebarría, Koldo; Lora, Eduardo; Filc, Gabriel; Micco, Alejandro; Chong, Alberto E.; Panizza, Ugo; Benavides, Juan; Magaldi de Sousa, Mariana; Navarro, Juan Carlos; Márquez, Gustavo; Cortázar Velarde, Juan Carlos; Mesa-Lago, Carmelo; Harper, Leslie; Rodríguez-Clare, Andrés; Perusia, Juan Cruz
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of…
Jul 2004
Author(s): Díaz Alvarado, Carlos; Izquierdo, Alejandro; Panizza, Ugo
This paper surveys the recent literature on fiscal sustainability, with particular emphasis on emerging market countries. It discusses the main elements that differentiate emerging market countries…
Jul 1999
Author(s): Panizza, Ugo
Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income…