This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a non-linear and non- monotonic relationship between households’ accumulated...

This paper surveys selected themes in the political economy of policymaking in Latin America, with an emphasis on recent research focusing on actual decision and implementation processes, and on the political institutions and state and social actors involved in those processes. In particular,...

This paper describes the budgetary reforms that took place over the last 20 years in Latin America. Using a newly developed index of budgetary institutions, it shows that numerical limits, procedural rules, and transparency help to explain fiscal results in Latin America

While policymaking processes have a strong impact on policy outcomes, policy outcomes and policy reforms can have a significant impact on the PMP. Thus there are important feedback effects between the PMP and policy outcomes. This document studies the impact of fiscal reforms on the policymaking...

This document looks at the role that people's perceptions have on the policymaking process, particularly about how biases in their evaluation of public goods provision may affect the demand for public policies.It also provides policy recommendations on how to improve policy dialogue

This document reviews the evidence from ten countries studies that look in detail at the political economy of the budget process. It concentrates on reviewing the evidence on the role of fiscal institutions and the relationship among different acotrs over the many stages of the process. It ends...

This document presents a new framework for the the study of the political economy of the budget process building on the very profuse available literature on budget processes, fiscal policy, and institutions in Latin America. It adds emphasis to the role of actors, the role of the budget process...

This paper introduces preliminary evidence from a cross-country database of policy characteristics and potential uses of that database. While most databases have emphasized either the content of policies (e.g., size of government deficits) or countries’ formal institutions (e.g., political...

Public policies are the outcome of the interaction among a variety of key political actors, each with its own preferences and incentives, who meet in different arenas and interact within the constraints of the institutions that frame their engagement. Therefore, to recognize the reasons behind...