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This paper studies private saving decisions in Latin America in the 1990s, with special focus on corporate saving. We investigate the puzzling omission of corporate saving in private saving studies, and afterwards we cal...

En este trabajo se utiliza un modelo para evaluar alternativas de financiamiento universitario. Los sistemas alternativos que se evalúan son: arancel total, impuestos a los graduados e impuestos uniformes (el cual puede...

This paper develops a model in which it is possible to evaluate alternatives of higher education financing. The alternative systems under discussion are: total fecing, graduates' taxes and uniform taxes (this can be asso...

This paper develops a model in which it is possible to evaluate alternatives of human capital financing. The alternative systems under discussion are: total feeing; graduates taxes and uniform taxes (this can be associat...

Once the current political crisis in Yemen has been resolved, it will be ever more urgent to speed up progress, including Millennium Development Goal (MDG) achievements. Drawing on simulations with the Maquette for MDG S...

A great deal of empirical work has convincingly shown that there is a positive association between financial development and economic growth, and some recent work has even provided evidence that the former causes the lat...

This paper addresses two very important, but usually neglected, aspects of Argentina's federal revenue-sharing system. The first aspect refers to the horizontal tensions present -in addition to the traditional vertical o...

The Dominican Republic (DR) has committed itself to work towards reaching the Millennium Development Goals (MDGs) by 2015. Recent data indicate that the DR has made considerable progress on the MDGs but that an accelerat...

This paper develops a conceptual framework and offers new statistical evidence on the access to credit by micro, small, and medium enterprises (MSMEs) in Guatemala and Nicaragua. To this end, and after reviewing the exis...

This paper uses cross-national data to examine the effects of federal fiscal and political institutions on the fiscal performance of subnational governments. Balanced budgets among subnational governments are found when ...