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Tax-policy procyclicality

Tax-policy procyclicality Carlos A. Vegh , Guillermo Vuletin01 October 2013Government spending is procyclical in developing countries, exacerbating the business cycle. However, an analysis of tax...

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Fiscal policy responses to crises: The social impacts

The social impact of fiscal policy responses to crises Carlos A. Vegh , Guillermo Vuletin12 June 2014The question of whether fiscal policy should be pro- or countercyclical has become increasingly...

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Tax-policy procyclicality

Tax-policy procyclicality Carlos Vegh, Guillermo Vuletin01 October 2013Government spending is procyclical in developing countries, exacerbating the business cycle. However, an analysis of tax policy...

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Image may be NSFW.
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Fiscal policy responses to crises: The social impacts

The social impact of fiscal policy responses to crises Carlos Vegh, Guillermo Vuletin12 June 2014The question of whether fiscal policy should be pro- or countercyclical has become increasingly...

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Image may be NSFW.
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Tax-policy procyclicality

Tax-policy procyclicality Carlos Vegh, Guillermo Vuletin01 October 2013Government spending is procyclical in developing countries, exacerbating the business cycle. However, an analysis of tax policy...

View Article


Image may be NSFW.
Clik here to view.

Fiscal policy responses to crises: The social impacts

The social impact of fiscal policy responses to crises Carlos Vegh, Guillermo Vuletin12 June 2014The question of whether fiscal policy should be pro- or countercyclical has become increasingly...

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Regulatory cycles: Revisiting the political economy of financial crises

Regulatory cycles: Revisiting the political economy of financial crises Jihad Dagher22 March 2018Three hundred years of financial regulation offer a cautionary tale to today’s push against yesterday’s...

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Going the extra mile: Distant lending and credit cycles

Going the extra mile: Distant lending and credit cycles João Granja, Christian Leuz, Raghuram Rajan04 December 2018Risk taking was pervasive during the Global Crisis even in the most unlikely areas,...

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