 | Scaling Up Quality Infrastructure Investment Author/Editor: Olivier Bizimana, Laura Jaramillo, Saji Thomas, Jiae Yoo. Release Date:April, 2021 South Asia needs large infrastructure investments to achieve its development goals, and public investment can also support the Covid-19 recovery. Regression estimates that account for the quantity more...
| Price: $5.00
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| Tax Reforms and Fiscal Shock Smoothing Author/Editor: David Amaglobeli, Laura Jaramillo, Pooja Karnane, Aleksandra Zdzienicka. Release Date:May, 2019 This paper examines the role of tax policy reforms in enhancing fiscal shock smoothing in a panel of 13 OECD economies during the period 1980-2017. The results suggest that tax reforms, in particular more...
| Price: $18.00
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| Structural Transformation and Tax Efficiency Author/Editor: Serhan Cevik, Jan Gottschalk, Eric Hutton, Laura Jaramillo, Pooja Karnane, Moussé Sow. Release Date:February, 2019 Structural transformation has resulted in an increasing share of services in aggregate value-added in advanced and developing countries across the world. We analyze the impact of this shift into more...
| Price: $18.00
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| Size Dependent Policies, Informality and Misallocation Author/Editor: Era Dabla-Norris, Laura Jaramillo, Frederico Lima, Alexandre Sollaci. Release Date:August, 2018 We examine the effect of size-dependent policies in developing economies by focusing on a set of regulations that are applicable to firms with 20 or more formal employees in Peru. Firms can adjust to more...
| Price: $18.00
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| Political Institutions, State Building, and Tax Capacity : Crossing the Tipping Point Author/Editor: Vitor Gaspar, Laura Jaramillo, Philippe Wingender. Release Date:December, 2016 An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12¾ percent, real GDP per capita increases sharply and in a sustained more...
| Price: $18.00
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| Tax Capacity and Growth : Is there a Tipping Point? Author/Editor: Vitor Gaspar, Laura Jaramillo, Philippe Wingender. Release Date:December, 2016 Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of more...
| Price: $18.00
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| The Blind Side of Public Debt Spikes Author/Editor: Laura Jaramillo, Carlos Mulas-Granados, Elijah Kimani. Release Date:October, 2016 What explains public debt spikes since the end of WWII? To answer this question, this paper
identifies 179 debt spike episodes from 1945 to 2014 across advanced and developing
countries. more...
| Price: $18.00
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 | Macroeconomic Management When Policy Space is Constrained : A Comprehensive, Consistent and Coordinated Approach to Economic Policy Author/Editor: Vitor Gaspar, Maurice Obstfeld, Ratna Sahay, Douglas Laxton, Dennis P Botman, Kevin Clinton, Romain A Duval, Kotaro Ishi, Zoltan Jakab, Laura Jaramillo, Constant A Lonkeng Ngouana, Tommaso Mancini Griffoli, Joannes Mongardini, Susanna Mursula, Erlend Nier, Yulia Ustyugova, Hou Wang, Oliver Wuensch. Release Date:September, 2016 The recovery in GDP growth since the global financial crisis has been halting and weak. Concern is widespread that countercyclical policies have run out of space or lack the power to raise growth or more...
| Price: $10.00
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| It's Not All Fiscal : Effects of Income, Fiscal Policy, and Wealth on Private Consumption Author/Editor: Laura Jaramillo, Alexandre Chailloux. Release Date:May, 2015 We attempt to disentangle income and wealth effects on consumption by disaggregating both the different types of income and wealth. We estimate a consumption function for a panel of quarterly data more...
| Price: $18.00
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| How Much is A Lot? Historical Evidence on the Size of Fiscal Adjustments Author/Editor: Julio Escolano, Laura Jaramillo, Carlos Mulas-Granados, G. Terrier. Release Date:September, 2014 The sizeable fiscal consolidation required to stabilize the debt-to-GDP ratios in several countries in the aftermath of the global crisis raises a crucial question on its feasibility. To answer this more...
| Price: $18.00
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