 | A Deep Dive into Tax Buoyancy: Comparing Estimation Techniques in a Large Heterogeneous Panel Author/Editor: Antoine Cornevin, Juan S Corrales, Juan Pablo Angel. Release Date:March, 2023 This paper provides new empirical evidence on tax buoyancy (tax revenues responsiveness to changes in economic activity) over the period 1990-2020 using a large panel of 185 countries. This study more...
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 | Financial Dollarization of Households and Firms: Does It Differ? Author/Editor: Juan S Corrales, Patrick A Imam. Release Date:January, 2019 Using a newly complied and extended database from International Financial Statistics, and applying different panel-regression techniques, this paper documents the evolution of households’ and more...
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 | Dollarization in Sub-Saharan Africa : Experiences and Lessons Author/Editor: Mauro Mecagni, Juan S Corrales, Jemma Dridi, Rodrigo Garcia-Verdu, Patrick A Imam, Justin Matz, Carla Macario, Rodolfo Maino, Yibin Mu, Ashwin Moheeput, Futoshi Narita, Marco Pani, Manuel Rosales Torres, Sebastian Weber, Etienne B Yehoue. Release Date:May, 2015 Dollarization—the use of foreign currencies as a medium of exchange, store of value, or unit of account—is a notable feature of financial development under macroeconomically fragile conditions. more...
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 | Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets Author/Editor: Cheikh A Gueye, Javier Arze del Granado, Rodrigo Garcia-Verdu, Mumtaz Hussain, B Jang, Sebastian Weber, Juan S Corrales. Release Date:March, 2014 During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign more...
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