My dissertation aims at developing econometric tests to study nonstationarity in panel data allowing for cross-correlations. The first chapter examines excessiv

"The question of how to treat commodity production and how to manage recurrent cycles of booms and busts has always been a challenge for policymakers in commodi

Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, wit

Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016-17. Growth in developing countries and some high-income c