Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as...

This paper empirically investigates the relationship between privatization and measures of fiscal and macroeconomic performance. One of the main findings is that privatization proceeds transferred to the budget tend to be saved. Specifically, they are largely used to reduce domestic financing,...

Peak-Konsum -- Die Auswirkungen von Bevölkerungsschrumpfung und -alterung auf das Rentenversicherungssystem in Deutschland -- Was taugen die Vorhersagen? Regionale Unterschiede in der demografischen Entwicklung, Ursachen und Zukunftsprognosen -- Die Generationenökonomie -- Auswirkungen des...

Using survey data, I simulate the counterfactual impact of the Chilean policies during the pandemic on household consumption. I find that aggregate consumption would have fallen by 16.7 percent in the absence of public transfers and a quarantine flexibilization policy. Consumption would still...