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El tamaño del estado y su impacto redistributivo en América Latina
(CAF, 2011)
Este ensayo analiza la evolución del gasto público en América Latina a lo largo de las dos últimas décadas, y ofrece como referencia una perspectiva de más larga duración cuando la disponibilidad de estadísticas lo permite. ...
Patrones de desarrollo en América Latina: ¿convergencia o caída en la trampa del ingreso medio?
(CAF, 2012)
América Latina cuenta con el mayor número de países de ingreso medio del mundo, sin embargo, durante la mayor parte del siglo XX las tasas de crecimiento per cápita de los países de la región fueron inferiores a aquellas ...
The economics of tax evasion
(CAF, 2011)
This paper begins by reviewing the problem of tax evasion measurement. Based on available data, I conclude that this problem is far from being negligible, both for developed and developing countries. I also present in more ...
What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...
On the emergence and significance of local economic development strategies
(CAF, 2009)
This paper examines to what extent local and regional economic development strategies (LED) are becoming a necessary and viable complement to traditional development strategies in a world that has been radically changed ...
Can a Mining Windfall Improve Welfare? Evidence from Peru with Municipal Level Data
(CAF, 2012)
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 ...
Local economic development. Some cities develop more than others: specialization, human capital and institutions
(CAF, 2009)
Why does a certain metropolitan area grow more than another? The answer to this question has evaded much of the considerable body of scholarship on the topic. One problem may be that some of the frameworks that drive ...
Oil abundance and growth
(CAF, 2010)
The aim of this paper is to investigate the following questions: Is an abundance of oil, a curse or a blessing? What are the effects of oil abundance on growth and economic development, as seen in the level of income per ...
Local governments' capacity and performance: evidence from peruvian municipalities
(CAF, 2008)
This paper explores the extent of technical capacity constraints in Peruvian local governments. To do that, we study how effective municipalities are in using a significant income windfall due to central government transfers ...
Information sharing and access to finance of SMEs: cross country evidence from survey data
(CAF, 2010)
Using a survey of firms in 61 countries around the world (WBES) and econometric techniques that allow us to deal with observed and unobserved country specific components as well as with partial endogeneity, we explore the ...