Sep 2017
Author(s): Gunter, Samara; Riera-Crichton, Daniel; Végh, Carlos A.; Vuletin, Guillermo
We estimate the effect of worldwide tax changes on output following the narrative approach developed for the United States by Romer and Romer (2010). We use a novel dataset on value-added taxes for…
May 2017
Author(s): Guarata, Nora; Pagliacci, Carolina
This paper examines how financial fluctuations and macroeconomic stability interact in the case of Venezuela, acknowledging that financial conditions deteriorating the macroeconomic environment can…