Herrera Aguilera, Santiago (contributor); … - 2008
Po l i c y Re s e a R c h Wo R k i n g Pa P e R 4633
Public Expenditure and Consumption
Volatility
Santiago Herrera … P e R 4633
Recent estimates of the welfare cost of consumption
volatility find that it is significant in developing …
nations, where it may reach an equivalent of reducing
consumption by 10 percent per year. Hence, examining
the determinants …