We construct unanticipated government spending shocks for 103 developing countries from 1990 to 2015 and study their effects on income distribution. We find tha
This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies. Using public investment forecast errors to
This book focuses on the distributional consequences of the public sector and examines and documents, theoretically and empirically, the effects of government s
This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a pa
It is commonly agreed that economic policies, including budgetary policies, can have potentially strong distributional effects. Traditional economic analysis he