
Dec 2018
Welfarist justifications of democracy presume that citizens have policy preferences that are responsive to pertinent information. Is this accurate? This paper addresses that question by providing a…

Nov 2018
This chapter evaluates how governments in Latin America and the Caribbean spend over the business cycle. Economists preach the importance of so-called countercyclical spending policies. According to…

Nov 2018
Este capítulo evalúa como los gobiernos en América Latina y el Caribe gastan a lo largo del ciclo económico. Los economistas predican sobre la importancia de las políticas de gasto llamadas…

Nov 2018
What happens when the tax authority increases enforcement in one tax with compliance in other taxes? The very little evidence available is not conclusive. This paper presents a very simple analytical…