A new technique for estimating countries’ de facto exchange rate regimes synthesizes two approaches. One approach estimates the implicit de…
Growth in a Time of Debt. Carmen M. Reinhart, Kenneth Rogoff, May 2010, Paper. "In this paper, we exploit a new multi-country historical…
This analysis argues that blame for the financial crisis falls specifically and heavily on a broad range of the private players and public…
In this paper, we provide new evidence regarding the pass-through of diesel and gasoline taxes to prices, and how the estimated pass-…
This book has been prepared for the Commission on Growth and Development to evaluate the prospects for economic growth in developing…
Many studies have replicated the finding that the forward rate is a biased predictor of the future change in the spot exchange rate.…
Thanks to deft diplomatic footwork, a US-China confrontation over the renminbi has been avoided – or at least postponed. This is a very…
Endowments, fiscal federalism and the cost of capital for states: evidence from Brazil, 1981-1930. Aldo Musacchio, …
Europe and the Euro. Alberto Alesina, April 1, 2010, Book. "It is rare for countries to give up their currencies and thus their…
Fiscal adjustments: lessons from recent history. Alberto Alesina, April 2010, Paper. "In the aftermath of the Great Recession, many…