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Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
In this paper we investigate whether fiscal performance is affected by the presence of natural resource revenues. We compare policy outcomes from mineral-abundant municipalities and non mineral-abundant municipalities in ...
The impact of financial repression on interest rate spreads in Venezuela
This paper empirically examines the effect of financial repression on interest rates spreads in Venezuela. In order to have a measure of financial repression, we built an index that captures the opportunity cost of regulatory ...