, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …

, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …

, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …

combinations of tariffs – on imported consumption goods, intermediate inputs, and capital goods – and taxes – on consumption, labor … liberalization programs financed by consumption and labor income taxes tend to result in substantial welfare gains, but financing the … lost tariff revenue through capital income taxes can have an adverse impact on welfare. Second, a significant fraction of …

This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …