Mostrando ítems 8-11 de 11

    • External Shocks versus Domestic Policies in Emerging Markets 

      Espino, Emilio; Kozlowski, Julian; Martin, Fernando M.; Sánchez, Juan M. (Federal Reserve Bank of Saint Louis, 2023)
      Debt crises in emerging markets have been linked to large fiscal deficits, high inflation rates, and large devaluations. This article studies a sovereign default model with domestic fiscal and monetary policies to understand ...
    • Variable elimination, graph reduction and the efficient g-formula 

      F Richard Guo; Emilija Perković; Andrea Rotnitzky (BiometrikaOxford University Press, 2023)
      We study efficient estimation of an interventional mean associated with a point exposure treatment under a causal graphical model represented by a directed acyclic graph without hidden variables. Under such a model, a ...
    • The welfare effects of unemployment insurance in Argentina. New estimates using changes in the schedule of transfers 

      Ruffo, Hernán; González-Rozada, Martín (Universidad Torcuato Di Tella, 2022)
      Unemployment insurance transfers should balance the provision of consumption to the unemployed with the disincentive effects on the search behavior. Developing countries face the additional challenge of informality. Workers ...
    • Optimal Cooperative Taxation in the Global Economy 

      Nicolini, Juan Pablo; Chari, V. V.; Teles, Pedro (The University of Chicago Press, 2023)
      How should countries cooperate in setting fiscal and trade policies when government expenditures must be financed with distorting taxes? We show that even if countries cannot make explicit transfers to each other, every ...