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Martin, Fernando M. - 2020

Who prevails when fiscal and monetary authorities disagree about the value of public expenditure and how much to discount the future? When the fiscal authority sets debt as its main policy instrument it achieves fiscal dominance, rendering the preferences of the central bank, and thus its...

Persistent link: https://www.econbiz.de/10012308453

How to starve the beast: fiscal and monetary policy rules

Martin, Fernando M. - 2019

Societies often rely on simple rules to restrict the size and behavior of governments. When fiscal and monetary policies are conducted by a discretionary and profligate government, I find that revenue ceilings vastly outperform debt, deficit and monetary rules, both in effectiveness at curbing...

Persistent link: https://www.econbiz.de/10012137093

Legal-political factors and the historical evolution of the finance-growth link

Bordo, Michael D.; Rousseau, Peter L. - 2006

Persistent link: https://www.econbiz.de/10003261429

What do we know about wealth inequality in Brazil?

Fandiño, Pedro; Kerstenetzky, Celia Lessa; Simões, Tais - 2024

Persistent link: https://www.econbiz.de/10014632110

Institutions do not rule : reassessing the driving forces of economic development

Wen, Yi; Luo, Jinfeng - 2015

Persistent link: https://www.econbiz.de/10010518018

Public-private collaboration on productive development policies in Argentina

Bisang, Roberto; González, Andrea; Hallak, Juan Carlos; … - 2014

This study discusses four cases of public-private collaboration (PPC) in the design and implementation of productive development policies (PDP) in Argentina. We find that PPCs have contributed to the success of most of the studied PDPs by facilitating information sharing and creating...

Persistent link: https://www.econbiz.de/10011285612

Public-private collaboration on productive development policies in Costa Rica

Cornick, Jorge; Jimenez, Jorge; Román, Marcela - 2014

Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...

Persistent link: https://www.econbiz.de/10011285641

From institutions to financial development and growth : what are the links?

Fernández, Andrés; Tamayo, César E. - 2015

This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …

Persistent link: https://www.econbiz.de/10011290078

Structural fiscal balances in Latin America and the Caribbean : new dataset and estimations

Ardanaz, Martín; Corbacho, Ana; Gonzáles, Alberto; … - 2015

In recent years, an increasing number of countries have began anchoring their fiscal policy frameworks in terms of rules that target the cyclically adjusted or structural (as opposed to actual) balance in an effort to overcome problems of procyclicality and fiscal volatility. The logic for doing...

Persistent link: https://www.econbiz.de/10011316667

Robust institutions for sustainable water markets : a survey of the literature and the way forward

Maziotis, Alexandros; Calliari, Elisa; Myšiak, Jaroslav - 2013

This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional …, property rights and collective actions. Based on these theories, we review the evolution and development of water reforms and … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …

Persistent link: https://www.econbiz.de/10009757358