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Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Inglês)

After mediocre growth in 2018 of 0.7 percent. Latin America and the Caribbean (LAC) is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. ... Exibir mais +

Publicação 135847 APR 01, 2019

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier; Riera-Crichton,Daniel; Puig,Jorge Pablo; Camarena, José Andrée; Galeano,Luciana Maria; Morano Germani,Luis Francisco; Venturi Grosso,Lucila Espanhol, Inglês Disclosed

Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Português)

After mediocre growth in 2018 of 0.7 percent. Latin America and the Caribbean (LAC) is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. ... Exibir mais +

Publicação 135847 APR 01, 2019

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier; Riera-Crichton,Daniel; Puig,Jorge Pablo; Camarena Fonseca,Jose Andree; Galeano,Luciana Maria; Morano Germani,Luis Francisco; Venturi Grosso,Lucila Disclosed

Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Espanhol)

After mediocre growth in 2018 of 0.7 percent. Latin America and the Caribbean (LAC) is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. ... Exibir mais +

Publicação 135847 APR 01, 2019

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier; Riera-Crichton,Daniel; Puig,Jorge Pablo; Camarena, José Andrée; Galeano,Luciana Maria; Morano Germani,Luis Francisco; Venturi Grosso,Lucila Espanhol, Português, Inglês Disclosed

Policy Implications of Non-linear Effects of Tax Changes on Output (Inglês)

An earlier paper titled "Non-linear effects of tax changes on output: The role of the initial level of taxation," estimated tax multipliers using (i) a novel dataset on value-added taxes for 51 countries (21 industrial and 30 developing) for the period 1970-2014, and (ii) the so-called narrative approach developed by Romer and Romer (2010) to properly identify exogenous tax changes. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS8720 JAN 28, 2019

Gunter,Samara; Riera-Crichton,Daniel; Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Disclosed

Non-Linear Effects of Tax Changes on Output : The Role of the Initial Level of Taxation (Inglês)

This paper estimates the effect of worldwide tax changes on output following the narrative approach developed for the United States by Romer and Romer (2010). ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS8668 DEC 07, 2018

Gunter,Samara; Riera-Crichton,Daniel; Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Disclosed

From Known Unknowns to Black Swans : How to Manage Risk in Latin America and the Caribbean (Inglês)

After a growth recovery, with an expansion of 1.1 percent in 2017, the region has encountered some bumps in the road. The Latin America and the Caribbean (LAC) region is expected to grow at a modest rate of 0.6 percent in 2018 and 1.6 percent in 2019. ... Exibir mais +

Publicação 130704 OCT 05, 2018

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier; Riera-Crichton,Daniel; Medina,Juan Pablo; Friedheim,Diego; Morano Germani,Luis Francisco; Venturi Grosso,Lucila Disclosed

Fiscal adjustment in Latin America and the Caribbean : short-run pain, long-run gain? - semiannual report (Inglês)

After a growth slowdown that lasted six years, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed growth at a modest rate of 1.1 percent in 2017 and 1.8 percent expected in 2018. ... Exibir mais +

Publicação 125780 APR 17, 2018

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier; Riera-Crichton,Daniel; Friedheim,Diego; Morano Germani,Luis Francisco; Camarena Fonseca,Jose Andree Disclosed

Fiscal Adjustment in Latin America and the Caribbean : Short-Run Pain, Long-Run Gain? (Espanhol)

After a growth slowdown that lasted six years, including a contraction of one percent of real Gross domestic product (GDP) in 2016, the Latin America and the Caribbean (LAC) region has finally turned the corner and resumed an increasing growth path. ... Exibir mais +

Report 125700 APR 01, 2018

Camarena Fonseca,Jose Andree; Friedheim,Diego; Morano Germani,Luis Francisco; Riera-Crichton,Daniel; Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Espanhol, Inglês Disclosed

Leaning against the wind : fiscal policy in Latin America and the Caribbean in a historical perspective (Inglês)

Gross domestic product (GDP) in the Latin American and Caribbean (LAC) region fell by 1.0 percent in 2016. In particular, LAC economies are facing important fiscal challenges that have yet to be fully absorbed, as most regional economies ended 2016 with fiscal deficits. ... Exibir mais +

Publicação 116072 APR 01, 2017

000380611:Samuel Jaime Pienknagura:spienknagura@; worldbank.org; Disclosed

How is tax policy conducted over the business cycle? (Inglês)

It is well known by now that government spending has typically been procyclical in developing economies but a cyclical or countercyclical in industrial countries. ... Exibir mais +

Artigo de revista 123180 AUG 01, 2015

Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Disclosed

Fiscal multipliers in recessions and expansions : does it matter whether government spending is increasing or decreasing ? (Inglês)

Using non-linear methods, this paper finds that existing estimates of government spending multipliers in expansion and recession may yield biased results by ignoring whether government spending is increasing or decreasing. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6993 JUL 01, 2014

Riera-Crichton, Daniel; Vegh, Carlos A.; Vuletin, Guillermo Disclosed

Reserve requirements in the brave new macroprudential world (Inglês)

Using a new, large data set on quarterly reserve requirements for the period 1970-2011, this paper provides new evidence on the use of reserve requirements as a countercyclical macroprudential tool in developing countries. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6793 FEB 01, 2014

Cordella, Tito; Federico, Pablo; Vegh, Carlos; Vuletin, Guillermo Disclosed

Reserve requirements in the brave new macroprudential world (Inglês)

The active use of prudential instruments to regulate the level of credit and influence its allocation, popular in the 1970s and 1980s, fell somehow into disgrace in the 1990s, when the regulatory pendulum swung towards liberalization as a way to foster financial deepening and a more efficient allocation of resources. ... Exibir mais +

Publicação 86475 JAN 01, 2014

Cordella,Tito; Federico,Pablo M; Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Disclosed

The effect of capital flows composition on output volatility (Inglês)

A large literature has argued that different types of capital flows have different consequences for macroeconomic stability. By distinguishing between foreign direct investment and portfolio and other investments, this paper studies the effects of the composition of capital inflows on output volatility. ... Exibir mais +

WPS6386 MAR 01, 2013

Federico,Pablo M; Vegh Gramont,Carlos Alberto; Vuletin,Guillermo Javier Disclosed

Título Data do documento Relatório Nº. Qualquer tipo de documento Also available in
Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Inglês)
Exibir mais +
APR 01, 2019 135847 Publicação Espanhol, Inglês
Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Português)
Exibir mais +
APR 01, 2019 135847 Publicação
Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean : When Dreams Meet Reality (Espanhol)
Exibir mais +
APR 01, 2019 135847 Publicação Espanhol, Português, Inglês
Policy Implications of Non-linear Effects of Tax Changes on Output (Inglês)
Exibir mais +
JAN 28, 2019 WPS8720 Documento de trabalho sobre pesquisa de políticas
Non-Linear Effects of Tax Changes on Output : The Role of the Initial Level of Taxation (Inglês)
Exibir mais +
DEC 07, 2018 WPS8668 Documento de trabalho sobre pesquisa de políticas
From Known Unknowns to Black Swans : How to Manage Risk in Latin America and the Caribbean (Inglês)
Exibir mais +
OCT 05, 2018 130704 Publicação
Fiscal adjustment in Latin America and the Caribbean : short-run pain, long-run gain? - semiannual report (Inglês)
Exibir mais +
APR 17, 2018 125780 Publicação
Fiscal Adjustment in Latin America and the Caribbean : Short-Run Pain, Long-Run Gain? (Espanhol)
Exibir mais +
APR 01, 2018 125700 Report Espanhol, Inglês
Leaning against the wind : fiscal policy in Latin America and the Caribbean in a historical perspective (Inglês)
Exibir mais +
APR 01, 2017 116072 Publicação
How is tax policy conducted over the business cycle? (Inglês)
Exibir mais +
AUG 01, 2015 123180 Artigo de revista
Fiscal multipliers in recessions and expansions : does it matter whether government spending is increasing or decreasing ? (Inglês)
Exibir mais +
JUL 01, 2014 WPS6993 Documento de trabalho sobre pesquisa de políticas
Reserve requirements in the brave new macroprudential world (Inglês)
Exibir mais +
FEB 01, 2014 WPS6793 Documento de trabalho sobre pesquisa de políticas
Reserve requirements in the brave new macroprudential world (Inglês)
Exibir mais +
JAN 01, 2014 86475 Publicação
The effect of capital flows composition on output volatility (Inglês)
Exibir mais +
MAR 01, 2013 WPS6386