We show that some types of fiscal rules can mitigate the well-known procyclical bias in public capital expenditures. Past research has found that fiscal adjustment episodes coincide with large public investment cuts, a pattern we also document in a sample of 75 advanced and emerging economies...

This study examines the impact on human mobility of the national social distancing policies implemented in 18 Latin American and Caribbean countries in March 2020. To do so, it uses georeferenced data from cellular phones and variation between countries with regard to whether these measures were...

This paper analyzes the implementation of Fiscal Rules (FR) in Argentina. Several clear attempts to establish a FR at the national level are identified. The analysis suggests that the environment matters. The only FR that was binding in the period was approved in 2004 during an economic boom,...

Poverty continues to challenge Latin American and Caribbean countries, with approximately one in three people in the region in poverty and one in seven in extreme poverty. This paper provides up-to-date insights through analysis of who the poor are, where they are located, and how they live in...

This paper studies tax evasion in the form of under-reported wages in Ecuador using microdata from a combination of electronic billing and personal income tax returns filed in 2017. Bringing together this novel combination of data, the study applies the standard method Pissarides and Weber...

Does compliance with low-cost civic duties increase demand for social accountability? We address this question by conducting a field experiment at train stations in Buenos Aires. We create exogenous variation in compliance with paying the public transportation fare by i) highlighting sanctions...

We study the effects of a Bolivian law that introduced benefits and protections for child workers (who are overwhelmingly informal workers) and lowered the de facto legal working age from 14 to 10. We employ a difference-in-discontinuity approach that exploits the variation in the law's...

This paper examines the effect of women's effective land ownership on female empowerment and household food security in the context of Peruvian family farming. Using an instrumental variable approach, we explore whether self-declared informal ownership of plots provides women with increased...

The Value-Added Tax (VAT) is the most prevalent consumption tax globally, yet it is frequently deemed highly regressive. To address this, we propose a Personalized VAT (PVAT) devised in conjunction with a distributional policy. We aim to achieve three objectives: increase revenue collection,...