Books written by Vitor Gaspar

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  Political Institutions, State Building, and Tax Capacity: Crossing the Tipping Point

  Underscoring the role of leadership, Brady and Spence (2009) draw on the evidence from high-growth countries studied by the Commission on Growth and Development (2008). They identify two key stages in successful economic leadership.

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  Fiscal Policy and Development: Human, Social, and Physical Investments for the SDGs

  Finance & Development 55 (1). https://www.imf.org/external/pubs/ft/fandd/2018/03/akitoby.htm 3 Baldacci, Emanuele, Benedict Clements,Sanjeev Gupta, andDiang Cui. 2008. “Social Spending, Human Capital, and Growth in Developing Countries.

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  Imperfect Knowledge and Monetary Policy

  Neuere Entwicklungen in der Geldtheorie und Währungspolitik , Berlin : Duncker & Humblot Issing , O. , K.-H. Tödter , H. Hermann and H.-E. Reimers ( 1993 ) , “ Zinsgewichtete Geldmengenaggregate und M3 – ein Vergleich , ” Kredit und ...

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  Debt and Entanglements Between the Wars

  32 James, H., andK. H. O'Rourke. 2013. “Italy and the First Age of Globalization, 1861– 1940.” In The Oxford Handbook of the Italian Economy since Unification, edited by G. Toniolo. New York: Oxford University ... 36 Maier, C. S. 1975.

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  Macroeconomic Management When Policy Space is Constrained: The 3-C Approach to Economic Policy

  TBD

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  Debt and Entanglements Between the Wars

  Debt and Entanglements between the Wars focuses on the experiences of the United States, United Kingdom, four countries in the British Commonwealth (Australia, New Zealand, Canada, Newfoundland), France, Italy, Germany, and Japan, offering ...

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  The Transformation of the European Financial System: Second ECB Central Banking Conference, October 2002, Frankfurt, Germany

  The Transformation of the European Financial System: Second ECB Central Banking Conference, October 2002, Frankfurt, Germany

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  Macroeconomic Management When Policy Space is Constrained: A Comprehensive, Consistent and Coordinated Approach to Economic Policy

  The recovery in GDP growth since the global financial crisis has been halting and weak.

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  Fiscal Politics

  Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic.

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  Imperfect Knowledge and Monetary Policy

  Based on lectures given as part of The Stone Lectures in Economics, this book discusses the problem of formulating monetary policy in practice, under the uncertain circumstances which characterize the real world.

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  Fiscal Politics in the Euro Area

  This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget composition and poor compliance with fiscal rules in the euro area.