Author/Editor: Mercedes Garcia-Escribano, Sebastian Sosa.

Release Date:January, 2011

In the last decade, a group of Latin American countries (Bolivia, Paraguay, Peru, and Uruguay) experienced a gradual, yet sustained decline in financial dollarization. This paper documents the more...

Author/Editor: Mercedes Garcia-Escribano.

Release Date:July, 2010

Peru has successfully pursued a market-driven financial de-dollarization during the last decade. Dollarization of credit and deposit of commercial banks - across all sectors and maturities - has more...

Author/Editor: Ehtisham Ahmad, Mercedes Garcia-Escribano, José Antonio González Anaya, Ernesto Revilla, Giorgio Brosio, Ben Lockwood.

Release Date:October, 2007

An equalization system ensures that subnational governments can provide similar level of public services at a comparable level of own tax-effort. This paper focuses on the importance of spending more...

Author/Editor: Ehtisham Ahmad, Mercedes Garcia-Escribano.

Release Date:May, 2006

There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision-making at the subnational level. This is tempered with a continuing emphasis on more...

Release Date:February, 2004

This paper theoretically and empirically investigates the role of spousal labor in buffering transitory shocks to husbands' earnings. To measure the amount of the shock that spousal labor absorbs, an more...

Author/Editor: Gabriela Inchauste, Ana Corbacho, Mercedes Garcia-Escribano.

Release Date:April, 2003

Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, more...