The paper studies the link between corporate income tax reforms and domestic bank entities' financing decisions. We use a dataset of corporate income tax (CIT) reforms and estimate the effect of tax rate changes on leverage, dividend policies and earnings management of banks using BankScope...

Este ensayo presenta una evaluacion econometrica del efecto en la tasa del crecimiento economico de la liberacion de la cuenta comercial y la cuenta de capital, la reforma fiscal y financiera y la privatizacion, partiendo de un modelo estadistico estimado con datos de 17 paises latinoamericanos...

Hidden behind a number of economic crises in the mid- to late 1990s-including Argentina's headline-grabbing monetary and political upheaval-is that fact that Latin American economies have, generally speaking, improved dramatically in recent years. Their success has been due, in large part, to...