 | Taking Down the Wall: Transition and Inequality Author/Editor: Serhan Cevik, Carolina Correa-Caro. Release Date:February, 2020 This paper investigates the main determinants of income inequality in transition countries during the period 1990–2018. To this end, we address a major methodological challenge that lies at the more...
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| Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis Author/Editor: Carolina Correa-Caro, Leandro Medina, Marcos Poplawski Ribeiro, Bennett W Sutton. Release Date:November, 2018 Using financial statement data from the Thomson Reuter’s Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (i.e., more...
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| Fiscal Reforms, Long-term Growth and Income Inequality Author/Editor: Santiago Acosta Ormaechea, Takuji Komatsuzaki, Carolina Correa-Caro. Release Date:June, 2017 We estimate the effects on growth of nine fiscal reform episodes in seven high-income countries
using the Synthetic Control Method. These episodes are selected using an indicator-based more...
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| Fragmented Politics and Public Debt Author/Editor: Ernesto Crivelli, Sanjeev Gupta, Carlos Mulas-Granados, Carolina Correa-Caro. Release Date:September, 2016 In this paper, we study the impact of fragmented politics on public debt—in particular,
between two consecutive legislative elections. Using data for 92 advanced and developing
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| Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+ Author/Editor: Serhan Cevik, Carolina Correa-Caro. Release Date:March, 2015 This paper investigates the empirical characteristics of income inequality in China and a panel
of BRIC+ countries over the period 1980–2013, with a focus on the redistributive more...
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