estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico …

New Public Management, have moved their accounting systems from a cash to an accrual basis, this paper argues that given … the costs involved, such a move is perhaps only worthwhile in the context of adopting much wider public sector management … reforms. Moreover, while recognizing that accrual accounting does support public expenditure management best practices, it is …

spending playing a key role. To illustrate the importance of these findings, the paper focuses on the case of Brazil. Our … results suggest that maintaining fiscal discipline while increasing public investment in Brazil is likely to ease real …

This paper examines the relative importance of external shocks as sources of business cycle fluctuations in Mexico, and …, it finds that U.S. shocks explain a large share of Mexico's macroeconomic fluctuations after NAFTA. This partly reflects … greater trade integration-but also Mexico's ""Great Moderation,"" as the country escaped its former pattern of macro …

differentials and nonlinearities in the behavior of sectoral real exchange rates across Mexico, Canada and the U.S. Interpreting … price threshold bands as transactions costs, we find evidence that Mexico still face higher transaction costs than their …

Mexico's main social support program, Oportunidades, combines two methods to target cash to poor households: an initial …