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. It uses dominance tests to determine whether health and education expenditures redistribute resources to the poor. The … paper finds that social services are poorly targeted. Among the services examined, primary education tends to be most … progressive, and university education is least progressive. The paper finds that many taxes are progressive as well as efficient …
Persistent link: https://www.econbiz.de/10014400545
The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make … on education, social protection coverage, natural resource endowments, and countries' fragility are strong predictors of …
Persistent link: https://www.econbiz.de/10012605120
This paper investigates theoretically and empirically the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real depreciation and with quality, leading to more...
Persistent link: https://www.econbiz.de/10014411197
immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel. An attempt is made to …
Persistent link: https://www.econbiz.de/10014396235
examine whether, and if so how, pension funds influence market discipline in Argentina in the period 1998-2001. We find …
Persistent link: https://www.econbiz.de/10014397134
This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...
Persistent link: https://www.econbiz.de/10014398067
experience in Argentina and Peru where local banks have been authorized to capture dollar deposits from residents …
Persistent link: https://www.econbiz.de/10014398077
in absolute terms and as a fraction of real economic activity. Empirical results using data for Mexico, Chile, Argentina …, and Israel support a negative statistically significant relationship between credit and inflation for Mexico, Argentina …
Persistent link: https://www.econbiz.de/10014398434
This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile …
Persistent link: https://www.econbiz.de/10014398469
(Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the …
Persistent link: https://www.econbiz.de/10014398631