As part of the preparatory activities for the UN’s International Conference on Financing for Development (Ff4D), to be held in Seville,…
Once upon a time in the world of development finance, it was assumed that simply investing in developing economies was enough—that the flow…
Income inequality is high and persistent in developing countries. In this paper, we ask what role taxation can or might play in reducing…
Can taxes on consumption redistribute in developing countries? Contrary to consensus, we show that taxing consumption is progressive once…
Exploiting a new global macro-historical database of effective tax rates, we uncover an intriguing pro-tax-capacity effect of international…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar…
This paper develops a new econometric framework to estimate and classify exchange rate regimes. They are classified into four distinct…
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Private schools provide affordable education in low-income countries. Yet, they often face higher closure rates, leading to disruption for…
We estimate the equilibrium effects of a public school grant program administered through school councils in Pakistani villages with…