Author/Editor: Rodrigo Mariscal, Alejandro M Werner.

Release Date:November, 2018

In this paper we analyze the incidence of the VAT and its effects on the income distribution. To identify these effects, we rely on two tax reforms undertaken in Mexico that increased the VAT rate more...

Author/Editor: Ali Alichi, Rodrigo Mariscal, Daniela Muhaj.

Release Date:November, 2017

Data show that middle-income households have continued moving down, and less so up, the income distribution in the United States since the 1970s—a phenomenon that is often referred to as the more...

Author/Editor: Bengt Petersson, Rodrigo Mariscal, Kotaro Ishi.

Release Date:July, 2017

How important are female workers for economic growth? This paper presents empirical evidence that an increase in female labor force participation is positively associated with labor productivity more...

Author/Editor: Dyna Heng, Anna Ivanova, Rodrigo Mariscal, Uma Ramakrishnan, Joyce Wong.

Release Date:April, 2016

This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The more...

Author/Editor: Pablo Druck, Nicolas E. Magud, Rodrigo Mariscal.

Release Date:July, 2015

We document that, historically, although stronger growth in the U.S. increases growth in emerging markets, U.S. dollar appreciation (depreciation) cycles—which are highly persistent—mitigate more...