This paper examines housing finance and housing price dynamics in selected emerging Middle Eastern economies over the past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per capita consumer spending volatility this decade; (ii) a...

Although there are several measures of fiscal transparency, none provides satisfactory information on certain issues of macroeconomic relevance, including whether fiscal data are available for all of general government, whether the government reports a balance sheet, and whether spending and...

Intro -- Contents -- I. INTRODUCTION -- II. LITERATURE -- III. THE CANADIAN TAX AND BENEFIT SYSTEM IN THE 1990S -- IV. ECONOMETRIC ANALYSIS -- V. RESULTS -- VI. CONCLUSION AND POLICY IMPLICATIONS -- REFERENCES.