This paper investigates the effect of access to finance on job growth in over 780,000 firms
across twenty-two developing countries. Using the introduction of credit bureaus as an …

Demands for ramping up health expenditures are at an all-time high. Countries’ needs for
additional health resources include responding to the COVID-19 pandemic, closing gaps in …

El flujo interprovincial de impuestos y gastos públicos nacionales resulta de dos instituciones
fiscales: el gasto nacional y las transferencias que financian los presupuestos provinciales…

This paper estimates the macroeconomic effects of social transfer payments to individuals for
a sample of 23 developed and Latin American countries. The findings show that the social …

This paper estimates redistribution and risk-sharing across provinces in Argentina during
the 1995–2010 period as a result of the national budget. We find that the aggregate national …

The central question when evaluating the effects of government spending on GDP, is whether
the fiscal multiplier is greater or lower than 1, or equivalently, the direction and strength of …

Cómo depende la efectividad de estímulos fiscales de la composición de empresas presentes
al momento del estímulo? Este paper explora si heterogeneidad en términos de tamaño y …

Deep recessions and disruptions in credit markets have caused social concern and motivated
research for a long time. They still challenge macroeconomic analysis. We map some …

How does the effectiveness of fiscal stimulus depend on the composition of firms where the
stimulus takes place? I study the role of firm size heterogeneity and credit frictions on the …

Do local fiscal multipliers depend on what the government purchases? We find that
government purchases of services have larger effects on employment than spending on goods. …