 | Fiscal Policy and Economic Development Author/Editor: Alex Mourmouras, Peter Rangazas. Release Date:June, 2008 This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in more...
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 | Wage Gaps and Development : Lessons from U.S. History Author/Editor: Alex Mourmouras, Peter Rangazas. Release Date:May, 2007 During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of more...
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 | Foreign Aid Policy and Sources of Poverty : A Quantitative Framework Author/Editor: Alex Mourmouras, Peter Rangazas. Release Date:January, 2006 The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty reduction. In this paper we argue that aid effectiveness must be assessed using more...
| Price: $15.00
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 | Conditional Lending Under Altruism Author/Editor: Alex Mourmouras, Peter Rangazas. Release Date:June, 2004 We analyze how the altruism of an international financial institution (IFI) towards its lowincome member countries (LICs) alters the effectiveness of its loans. We study IFI loans to a more...
| Price: $15.00
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