 | Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay Author/Editor: Antonio David. Release Date:March, 2017 This paper presents estimates of fiscal multipliers in Paraguay following different econometric
techniques and identification approaches. The results point to multipliers for capital
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 | A Balancing Act : Reform Options for Paraguay's Fiscal Responsibility Law Author/Editor: Antonio David, Natalija Novta. Release Date:November, 2016 Paraguay faces a trade-off between building fiscal credibility and amending the existing fiscal rule to accommodate infrastructure investment and provide space for countercyclical policies. In this more...
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 | Does Openness Matter for Financial Development in Africa? Author/Editor: Antonio David, Montfort Mlachila, Ashwin Moheeput. Release Date:June, 2014 This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope more...
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 | Fiscal Adjustment and Income Inequality: Sub-national Evidence from Brazil Author/Editor: Joćo Pedro Azevedo, Antonio David, Fabiano Rodrigues Rodrigues Bastos, Emilio Pineda. Release Date:May, 2014 We combine state-level fiscal data with household survey data to assess the links between sub-national fiscal policy and income inequality in Brazil over the period 1995-2011. The results indicate more...
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 | Inclusive Growth and the Incidence of Fiscal Policy in Mauritius Much Progress, But More Could be Done Author/Editor: Antonio David, Martin Petri. Release Date:May, 2013 Using data from three household surveys, we review whether growth in Mauritius was inclusive and discuss the incidence of public expenditures and taxes. Generally, Mauritius enjoys an even income more...
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 | As You Sow So Shall You Reap: Public Investment Surges, Growth, and Debt Sustainability in Togo Author/Editor: Michal Andrle, Antonio David, Raphael A. Espinoza, Marshall Mills, Luis-Felipe Zanna. Release Date:May, 2012 This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic more...
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 | Post-Conflict Recovery : Institutions, Aid, or Luck? Author/Editor: Antonio David, Fabiano Rodrigues Rodrigues Bastos, Marshall Mills. Release Date:June, 2011 This paper identifies the factors linked to cross-country differentials in growth performance in the aftermath of social conflict for 30 sub-Saharan African countries using panel data techniques. Our more...
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 | Oil Spill(over)s : Linkages in Petroleum Product Pricing Policies in West African Countries Author/Editor: Mohamed El Harrak, Antonio David, Lorraine Ocampos, Marshall Mills. Release Date:May, 2011 This paper addresses a number of issues regarding petroleum product pricing in Western Africaemphasizing international spillovers. We use panel unit root rests and long-run modeling based on vector more...
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 | How Do International Financial Flows to Developing Countries Respond to Natural Disasters? Author/Editor: Antonio David. Release Date:July, 2010 This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries more...
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