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Fiscal Adjustments : Determinants and Macroeconomic Consequences

Author/Editor: Alexander Plekhanov, Manmohan S Kumar, Daniel Leigh.

Release Date:July, 2007

The paper analyzes the determinants of success of recent fiscal consolidations in the OECD countries as well as the short-run and long-run effects of fiscal adjustments on economic activity by more...



Price: $18.00
Relative Price Stability, Creditor Rights, and Financial Deepening

Author/Editor: Pablo Druck, Alexander Plekhanov, Mario Dehesa.

Release Date:June, 2007

The paper provides a theoretical and cross-country empirical analysis of the determinants of financial deepening, and finds that higher credit-to-GDP ratios are associated with stronger creditor more...



Price: $18.00
How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence

Author/Editor: Alexander Plekhanov, Raju Jan Singh.

Release Date:March, 2005

Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most more...



Price: $15.00