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Distributional implications of macroeconomic policy: Theory and applications to El Salvador

  • Pastor, Manuel Jr.
  • Conroy, Michael E.
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    File URL: http://www.sciencedirect.com/science/article/B6VC6-3YCMM3C-8/2/d6b11bb5eaf7a04dd60974b895aa3a9d
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    Article provided by Elsevier in its journal World Development.

    Volume (Year): 23 (1995)
    Issue (Month): 12 (December)
    Pages: 2117-2131

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    Handle: RePEc:eee:wdevel:v:23:y:1995:i:12:p:2117-2131
    Contact details of provider: Web page: http://www.elsevier.com/locate/worlddev

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    1. Jeffrey D. Sachs, 1987. "Trade and Exchange Rate Policies in Growth-Oriented Adjustment Programs," NBER Working Papers 2226, National Bureau of Economic Research, Inc.
    2. Robert R. Kaufman & Barbara Stallings, 1991. "The Political Economy of Latin American Populism," NBER Chapters, in: The Macroeconomics of Populism in Latin America, pages 15-43 National Bureau of Economic Research, Inc.
    3. Cardoso, Eliana & Helwege, Ann, 1992. "Below the line: Poverty in Latin America," World Development, Elsevier, vol. 20(1), pages 19-37, January.
    4. Bourguignon, Francois & de Melo, Jaime & Morrisson, Christian, 1991. "Poverty and income distribution during adjustment: Issues and evidence from the OECD project," World Development, Elsevier, vol. 19(11), pages 1485-1508, November.
    5. Boyce, James K., 1995. "External assistance and the peace process in El Salvador," World Development, Elsevier, vol. 23(12), pages 2101-2116, December.
    6. Persson, T. & Tabellini, G., 1993. "Is Inequality Harmful for Growth," Papers 537, Stockholm - International Economic Studies.
    7. Adam Przeworski & Fernando Limongi, 1993. "Political Regimes and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 51-69, Summer.
    8. Alesina, Alberto & Drazen, Allan, 1991. "Why Are Stabilizations Delayed?," American Economic Review, American Economic Association, vol. 81(5), pages 1170-88, December.
    9. Rodrik, Dani, 1989. "Promises, Promises: Credible Policy Reform via Signalling," Economic Journal, Royal Economic Society, vol. 99(397), pages 756-72, September.
    10. Acevedo, Carlos & Barry, Deborah & Rosa, Herman, 1995. "El Salvador's agricultural sector: Macroeconomic policy, agrarian change and the environment," World Development, Elsevier, vol. 23(12), pages 2153-2172, December.
    11. Andrew Berg & Jeffrey Sachs, 1988. "The Debt Crisis: Structural Explanations of Country Performance," NBER Working Papers 2607, National Bureau of Economic Research, Inc.
    12. Edwards, Sebastian, 1989. "The international monetary fund and the developing countries: A critical evaluation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 31(1), pages 7-68, January.
    13. Cornia, Giovanni Andrea & Jolly, Richard & Stewart, Frances (ed.), 1987. "Adjustment with a Human Face: Volume 1, Protecting the Vulnerable and Promoting Growth," OUP Catalogue, Oxford University Press, number 9780198286097, March.
    14. Serven, Luis & Solimano, Andres, 1993. "Debt crisis, adjustment policies and capital formation in developing countries: Where do we stand?," World Development, Elsevier, vol. 21(1), pages 127-140, January.
    15. Krugman, Paul & Taylor, Lance, 1978. "Contractionary effects of devaluation," Journal of International Economics, Elsevier, vol. 8(3), pages 445-456, August.
    16. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    17. Edwards, Sebastian, 1993. "Openness, Trade Liberalization, and Growth in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1358-93, September.
    18. Jeffrey D. Sachs, 1985. "External Debt and Macroeconomic Performance in Latin America and East Asia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 16(2), pages 523-573.
    19. Joshua Greene & Delano Villanueva, 1991. "Private Investment in Developing Countries: An Empirical Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 38(1), pages 33-58, March.
    20. Omotunde Johnson & Joanne Salop, 1980. "Distributional Aspects of Stabilization Programs in Developing Countries (Les programmes de stabilisation des pays en développement examinés sous l'aspect de la répartition du revenu) (Los programa," IMF Staff Papers, Palgrave Macmillan, vol. 27(1), pages 1-23, March.
    21. Diaz-Alejandro, Carlos, 1985. "Good-bye financial repression, hello financial crash," Journal of Development Economics, Elsevier, vol. 19(1-2), pages 1-24.
    22. Stiglitz, Joseph E., 1986. "The new development economics," World Development, Elsevier, vol. 14(2), pages 257-265, February.
    23. Dornbusch, Rudiger, 1990. "Policies to Move from Stabilization to Growth," CEPR Discussion Papers 456, C.E.P.R. Discussion Papers.
    24. Dani Rodrik, 1989. "Policy Uncertainty and Private Investment in Developing Countries," NBER Working Papers 2999, National Bureau of Economic Research, Inc.
    25. Paus, Eva, 1995. "Exports, economic growth and the consolidation of peace in El Salvador," World Development, Elsevier, vol. 23(12), pages 2173-2193, December.
    26. Pastor, Manuel Jr. & Hilt, Eric, 1993. "Private investment and democracy in Latin America," World Development, Elsevier, vol. 21(4), pages 489-507, April.
    27. Rodrik, Dani, 1994. "King Kong Meets Godzilla: The World Bank and The East Asian Miracle," CEPR Discussion Papers 944, C.E.P.R. Discussion Papers.
    28. Rudiger Dornbusch, 1992. "The Case for Trade Liberalization in Developing Countries," Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 69-85, Winter.
    29. Danby, Colin, 1995. "Challenges and opportunities in El Salvador's financial sector," World Development, Elsevier, vol. 23(12), pages 2133-2152, December.
    30. Ahluwalia, Montek S, 1976. "Income Distribution and Development: Some Stylized Facts," American Economic Review, American Economic Association, vol. 66(2), pages 128-35, May.
    31. Wood, Elisabeth & Segovia, Alexander, 1995. "Macroeconomic policy and the Salvadoran peace accords," World Development, Elsevier, vol. 23(12), pages 2079-2099, December.
    32. Ravallion, Martin, 1991. "Reaching the Rural Poor through Public Employment: Arguments, Evidence, and Lessons from South Asia," World Bank Research Observer, World Bank Group, vol. 6(2), pages 153-75, July.
    33. Rudiger Dornbusch, 1990. "From Stabilization to Growth," NBER Working Papers 3302, National Bureau of Economic Research, Inc.
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