Browsing HKS Faculty Scholarship by Keyword "Chile"
Now showing items 1-3 of 3
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A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries
(Palgrave Macmillan, 2011)Two decades ago, many people had drawn a lesson from the 1980s: Japan's variant of capitalism was the best model. Other countries around the world should and would follow it. Japan's admired institutions included relationship ... -
A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries
(John F. Kennedy School of Government, Harvard University, 2011)American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had come to feel constrained by inherited debt to withdraw fiscal stimulus. Chile has ... -
Over-optimism in Forecasts by Official Budget Agencies and its Implications
(Oxford University Press, 2011)The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general, the forecasts are found: (i) to have a positive average bias, (ii) to be more biased ...