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Este ensayo examina el efecto de las elecciones en las politicas fiscales de 21 paises de la America Latina y el Caribe entre 1983 y 1996. El superavit presupuestario es menor de lo normal en el ano anterior a las elecciones y mayor en el ano posterior. Tanto los gastos como las recaudaciones...
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The frequency of financial crises over recent decades makes an in-depth study of the phenomenon imperative. This should involve particular attention to those points the different crises have in common, so as to draw lessons that can be used by financial authorities, regulators and the actual...
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