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is temporary leads to an initial expansion in consumption, and, since the model allows for distortionary taxes on … consumption, to an endogenous increase in tax revenues large enough to eliminate the ex-ante fiscal deficit. This paper was …
Persistent link: https://www.econbiz.de/10010943622
consumption categories: non-durable goods, durable goods, education and health. Our results for non-durable goods consumption … household consumption in Mexico during the 1990s, which is a period characterized by high volatility. In addition to performing … reject the hypothesis that Mexican households are able to insure idiosyncratic risk. For the comparisons across consumption …
Persistent link: https://www.econbiz.de/10010943675
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of … interacts with formal health insurance, and whether there are differential effects by gender of the household head. We find that …
Persistent link: https://www.econbiz.de/10010943764
This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. There are many ways in which this can occur, and no specific mechanism is endorsed. These macroeconomic causes of bank vulnerability and crisis have important...
Persistent link: https://www.econbiz.de/10010943997
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin … capital at a considerably lower rate than at present. Consumption should be heavily taxed in Brazil and Mexico and optimal …
Persistent link: https://www.econbiz.de/10011275116
This book discusses the issues associated with the capriciousness of capital flows into Latin America, examining macroeconomic and financial sector impact, as well as offering policy recommendations for achieving stability despite volatile capital flows. The authors review recent experience with...
Persistent link: https://www.econbiz.de/10010772528
individuals and in the satisfaction of life domains, such as leisure, social life, family, health, housing, neighborhood economic … due to differences in individual outcomes like education, health, labor situation and housing quality. …
Persistent link: https://www.econbiz.de/10010943847
families are able to substitute piped water for more expensive and distant sources of water. These health and savings effects … reached by network expansions relative to the control group. Moreover, expanded water connections induce savings, as these …
Persistent link: https://www.econbiz.de/10010943854
health for households in Uruguay. Titling could improve health outcomes through various channels: housing investment, income …
Persistent link: https://www.econbiz.de/10010943903
This is the latest version available of "Do We Know What Works": A Systematic Review of Impact Evaluations of Social Programs in Latin America and the Caribbean¿. The document reviews social programs placing emphasis on extracting lessons from those that have been evaluated in order to assess...
Persistent link: https://www.econbiz.de/10010943972