Fiscal powers to subnational governments: Reassessing the concept of fiscal autonomy by Sandra Gomes. “Fiscal autonomy is understood as a type of funding arrangement that awards subnational governments more discretion over the allocation of funds and, therefore, the choice…
Government bonds and their investors: What are the facts and do they matter? by Jochen R. Andritzky. “This paper introduces a new dataset on the composition of the investor for government securities in the G20 advanced economies and the…
Lessons from a comparative analysis of financial crises by Roberto Frenkel (06/2012) indicated by Arthur Garbayo. “The paper is presented in two parts. The first part present a comparative analysis of a set of financial crises that occurred in…
Assuntos EconômicosEnglish/Español
Fiscal Powers to Subnational Governments (Gomes)
jun 30, 2012, 3:51 PM 0
Fiscal powers to subnational governments: reassessing the concept of fiscal autonomy by Sandra Gomes. “Fiscal autonomy is understood as a type of funding arrangement that awards subnational governments more discretion over the allocation of funds and, therefore, the choice…
Assuntos EconômicosEnglish/Español
Corporate Political Spending (Shapiro and Dowson)
jun 30, 2012, 3:42 PM 0
Corporate political spending: why the new critics are wrong by Robert J. Shapiro and Douglas Dowson published by Manhattan Institute (06/2012). “Since the Supreme Court’s 2010 Citizens United decision held that corporate political expenditures are free speech under the…
Taxation and equality in Latin America by Cynthia J. Arnson, Marcelo Bergman and Tasha Fairfield published by Woodrow Wilson. “Since 2003, levels of inequality in several Latin American countries have improved, sometimes dramatically. Explanations for the decline in inequality…
Assuntos EconômicosEnglish/Español
Revenue Sharing (Arroyo, Jiménez and Mussi)
jun 30, 2012, 2:21 PM 0
Revenue sharing: The case of Brazil’s ICMS by José M. Arroyo, Juan P. Jiménez and Carlos Mussi. “The ICMS represents the most important source of revenue for the Brazilian states and one of the most important taxes in Brazil….
Government spending multipliers in developing countries – Evidence from lending by official creditors Aart Kraay published by World Bank (06/2012). “…The key identifying assumption is that loan approvals, and the decision to embark on the associated spending plans, do…
Informe macroeconómico de América Latina y el Caribe publicado por la CEPAL. “En suma, si bien un escenario externo más adverso al previsto afectaría a las economías de la región, como ocurrió con las crisis mundial de 2008, en…
English/EspañolMacroeconomia
75th Anniversary General Theory (Univ. Cambridge)
jun 24, 2012, 11:07 PM 0
The 75th Anniversary of the General Theory by University of Cambridge. “Faculty of Economics and Cambridge Finance too mark the 75th Anniversary of Keynes’ General Theory, the conference provides a forum for forward-looking discussion of a broad range of…