Historically, many countries have suffered a pattern of procyclical fiscal policy: spending too much in booms and then forced to cut back…
By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light on the important…
Book abstract: How have monetary policies matured during the last decade?
The recent downturn in economies worldwide have put monetary…
The Globalization Paradox - Democracy and the Future of the World Economy. Dani Rodrik, February 2011, Book. "Surveying three…
How many times have we heard that the nation state is passé? That borders have disappeared, that distance is dead, that the Earth is flat,…
The characteristics that distinguish most developing countries, compared to large industrialized countries, include: greater exposure to…
In Abadie and Imbens (2006), it was shown that simple nearest-neighbor matching estimators include a conditional bias term that converges…
The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general,…
The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address…
The Forgotten History of Domestic Debt. Carmen M. Reinhart, Kenneth Rogoff, 2011, Paper. "The authors study the history of defaults on…