This dissertation reviews the functioning of the intergovernmental fiscal revenue sharing system in Mexico. The gradual centralization of fiscal authority by the federal government since the 1980s has led to a revenue dependency of sub-national governments on the center that is extreme. State...

This study is concerned with the effects of capital controls on long-term economic growth. At its conceptual core, the dissertation addresses weaknesses in neoclassical and Keynesian theory, viz. the problems of both market and state coordination, that preclude an adequate analysis of the use of...

Mexico liberalized its banking system in 1989 and 1990 and privatized it from mid-1991 to mid-1992. This study first sets those institutional changes in the context of past Mexican financial development, examining the role of the financial sector in achieving macro balance and demonstrating the...

This thesis focuses on developing an appropriate target for the funding level of public pension plans. Initially, a two-period model is developed that incorporates the relevant factors in a simple model, examines the comparative statics, and compares the results with actual funding levels. The...

Government programs for agricultural commodities affect planting decisions and farm income for many producers. Many proposals to reduce federal expenditures are being considered for reform in the 1995 Farm Bill. In order to determine the effect of these proposals on both farmers and government,...

Using U.S. cross-border bank exposure data, this study establishes a line of arguments and findings, which together constitute the following observation: "Deregulation of U.S. banks, via consolidation and a volatile earnings stream, increased volatility in bank lending to emerging economies,...

This study provides the first comprehensive empirical evidence on the economic impacts and distributional effects of the District of Columbia First-Time Homebuyer Credit program. This program is the only federal program that provides an income tax credit for targeted lower-income households to...

Revenue forecasting is one of the most critical and often difficult tasks in governmental budgeting. It is critical because it determines the parameters upon which the budget is based. It is difficult because many outside influences can impact revenue results and cause variances with the...