The aim of this paper is to analyze the planned changes in European financial law, whose purpose is to restore balance and control over the public finances of Member States of the European Union. The problem of rising debt among EU countries made it necessary to review existing and new...

Este artículo es presentado como una contribución para entender mejor los logros y limitaciones relacionados con el estilo de desarrollo que Costa Rica ha promovido en las últimas dos décadas. El estudio se divide en seis secciones: la primera es una introducción que presenta la transición...

This rereleased AEI Classic presents some of the public issues involved in the growth of public debt.

The study discusses the issue of fulfillment by Poland of the so-called fiscal convergence criteria, concerning public debt and public deficit, based on the regulations of the European and Polish financial laws, as well as in the context of their economic character.

Portugal's program implementation is on track despite difficult economic conditions and significant legal challenges. The markedly weaker economic outlook provides a strong case for recalibrating the program’s fiscal targets. This strong adjustment effort needs to be consolidated by...

The Least-Squares Monte Carlo model (LSM model) has emerged as the derivative valuation technique with the greatest impact in current practice. As with other options valuation models, the LSM algorithm was initially posited in the field of financial derivatives and its extension to the realm of...