Details about Guillermo Javier Vuletin

Access statistics for papers by Guillermo Javier Vuletin.

Last updated 2023-08-05. Update your information in the RePEc Author Service.

Short-id: pvu7

Working Papers

2025

1. We Are Not in a Gaussian World Anymore: Implications for the Composition of Official Foreign Assets
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

2. Fooled by the Cycle: Permanent versus Cyclical Improvements in Social Indicators
   Policy Research Working Paper Series, The World Bank
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019)
   See also Journal Article Fooled by the cycle: Permanent versus cyclical improvements in social indicators, Journal of International Money and Finance, Elsevier (2022) (2022)
3. The Macroeconomic Effects of Macroprudential Policy: Evidence from a Narrative Approach
   Policy Research Working Paper Series, The World Bank View citations (6)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (11)
   See also Journal Article The macroeconomic effects of macroprudential policy: Evidence from a narrative approach, Journal of International Economics, Elsevier (2022) View citations (4) (2022)

2021

4. Can Automatic Government Spending Be Procyclical?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
5. Policy Implications of Non-Linear Effects of Tax Changes on Output
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Policy Research Working Paper Series, The World Bank (2019)
6. Social Transfer Multipliers in Developed and Emerging Countries: The Role of Hand-to-Mouth Consumers
   Policy Research Working Paper Series, The World Bank View citations (6)

2019

7. Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Exploration
   IMF Working Papers, International Monetary Fund View citations (23)
8. Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Investigation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
9. Non-Linear Effects of Tax Changes on Output: The Role of the Initial Level of Taxation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in Policy Research Working Paper Series, The World Bank (2018) View citations (8)
   See also Journal Article Non-linear effects of tax changes on output: The role of the initial level of taxation, Journal of International Economics, Elsevier (2021) View citations (12) (2021)

2016

10. Democracy Does Not Cause Growth: The Importance of Endogeneity Arguments
    IDB Publications (Working Papers), Inter-American Development Bank View citations (5)
11. Unsticking the Flypaper Effect Using Distortionary Taxation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Unsticking the flypaper effect using distortionary taxation, Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata (2016) View citations (3) (2016)

2015

12. Unsticking the Flypaper Effect in an Uncertain World
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    See also Journal Article Unsticking the flypaper effect in an uncertain world, Journal of Public Economics, Elsevier (2015) View citations (21) (2015)

2014

13. Fiscal multipliers in recessions and expansions: does it matter whether government spending is increasing or decreasing ?
    Policy Research Working Paper Series, The World Bank View citations (9)
14. Procyclical and Countercyclical Fiscal Multipliers: Evidence from OECD Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article Procyclical and countercyclical fiscal multipliers: Evidence from OECD countries, Journal of International Money and Finance, Elsevier (2015) View citations (104) (2015)
15. Reserve Requirement Policy over the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2014) View citations (51)
16. Reserve requirements in the brave new macroprudential world
    Policy Research Working Paper Series, The World Bank View citations (37)
    See also Book Reserve Requirements in the Brave New Macroprudential World, World Bank Publications - Books, The World Bank Group (2014) View citations (58) (2014)
17. Social Implications of Fiscal Policy Responses During Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
18. The Road to Redemption: Policy Response to Crises in Latin America
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
    See also Journal Article The Road to Redemption: Policy Response to Crises in Latin America, IMF Economic Review, Palgrave Macmillan (2014) View citations (44) (2014)

2013

19. The effect of capital flows composition on output volatility
    Policy Research Working Paper Series, The World Bank View citations (6)
    See also Journal Article The effect of capital-flows composition on output volatility, Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata (2018) View citations (1) (2018)

2012

20. How is Tax Policy Conducted over the Business Cycle?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
    See also Journal Article How Is Tax Policy Conducted over the Business Cycle?, American Economic Journal: Economic Policy, American Economic Association (2015) View citations (101) (2015)
21. On Graduation from Fiscal Procyclicality
    CID Working Papers, Center for International Development at Harvard University View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (49)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2012) View citations (13)
    See also Journal Article On graduation from fiscal procyclicality, Journal of Development Economics, Elsevier (2013) View citations (281) (2013)
22. Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (60)
    See also Chapter Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2013) View citations (17) (2013)
23. Tax Multipliers: Pitfalls in Measurement and Identification
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    See also Journal Article Tax multipliers: Pitfalls in measurement and identification, Journal of Monetary Economics, Elsevier (2016) View citations (44) (2016)

2008

24. Measuring the Informal Economy in Latin America and the Caribbean
    IMF Working Papers, International Monetary Fund View citations (46)

2004

25. EXCHANGE RATE REGIMES AND FISCAL PERFORMANCE. DO FIXED EXCHANGE RATE REGIMES GENERATE MORE DISCIPLINE THAN FLEXIBLE ONES?
    Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (8)

2003

26. The Effects of Exchange Rate Regimes on Real Exchange Rate Volatility. A Dynamic Panel Data Approach
    Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics] View citations (13)

2002

27. Regímenes Cambiarios y Performance Fiscal ¿Generan los Regímenes Fijos Mayor Disciplina que los Flexibles?
    Department of Economics, Working Papers, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata
    Also in IIE, Working Papers, IIE, Universidad Nacional de La Plata (2002)

Journal Articles

2022

1. Fooled by the cycle: Permanent versus cyclical improvements in social indicators
   Journal of International Money and Finance, 2022, 127, (C)
   See also Working Paper Fooled by the Cycle: Permanent versus Cyclical Improvements in Social Indicators, Policy Research Working Paper Series (2022) (2022)
2. The macroeconomic effects of macroprudential policy: Evidence from a narrative approach
   Journal of International Economics, 2022, 139, (C) View citations (4)
   See also Working Paper The Macroeconomic Effects of Macroprudential Policy: Evidence from a Narrative Approach, Policy Research Working Paper Series (2022) View citations (6) (2022)

2021

3. Non-linear effects of tax changes on output: The role of the initial level of taxation
   Journal of International Economics, 2021, 131, (C) View citations (12)
   See also Working Paper Non-Linear Effects of Tax Changes on Output: The Role of the Initial Level of Taxation, NBER Working Papers (2019) View citations (5) (2019)

2018

4. The effect of capital-flows composition on output volatility
   Económica, 2018, 64, 95-132 View citations (1)
   Also in Económica, 2018, 64, 95-132 (2018) View citations (1)
   See also Working Paper The effect of capital flows composition on output volatility, Policy Research Working Paper Series (2013) View citations (6) (2013)

2017

5. Tax policy and the macroeconomy: Measurement, identification, and non-linearities
   Revista ESPE - Ensayos Sobre Política Económica, 2017, 35, (82), 10-17
   Also in Revista ESPE - Ensayos sobre Política Económica, 2017, 35, (82), 10-17 (2017)

2016

6. Tax multipliers: Pitfalls in measurement and identification
   Journal of Monetary Economics, 2016, 79, (C), 30-48 View citations (44)
   See also Working Paper Tax Multipliers: Pitfalls in Measurement and Identification, NBER Working Papers (2012) View citations (24) (2012)
7. Unsticking the flypaper effect using distortionary taxation
   Económica, 2016, 62, 185-237 View citations (3)
   Also in Económica, 2016, 62, 185-237 (2016) View citations (4)
   See also Working Paper Unsticking the Flypaper Effect Using Distortionary Taxation, NBER Working Papers (2016) View citations (3) (2016)

2015

8. Fiscal procyclicality and output forecast errors
   Journal of International Money and Finance, 2015, 55, (C), 193-204 View citations (20)
9. How Is Tax Policy Conducted over the Business Cycle?
   American Economic Journal: Economic Policy, 2015, 7, (3), 327-70 View citations (101)
   See also Working Paper How is Tax Policy Conducted over the Business Cycle?, NBER Working Papers (2012) View citations (53) (2012)
10. Procyclical and countercyclical fiscal multipliers: Evidence from OECD countries
    Journal of International Money and Finance, 2015, 52, (C), 15-31 View citations (104)
    See also Working Paper Procyclical and Countercyclical Fiscal Multipliers: Evidence from OECD Countries, NBER Working Papers (2014) View citations (14) (2014)
11. Unsticking the flypaper effect in an uncertain world
    Journal of Public Economics, 2015, 131, (C), 142-155 View citations (21)
    See also Working Paper Unsticking the Flypaper Effect in an Uncertain World, NBER Working Papers (2015) View citations (26) (2015)

2014

12. The Road to Redemption: Policy Response to Crises in Latin America
    IMF Economic Review, 2014, 62, (4), 526-568 View citations (44)
    See also Working Paper The Road to Redemption: Policy Response to Crises in Latin America, NBER Working Papers (2014) View citations (39) (2014)
13. The role of central bank independence on optimal taxation and seigniorage
    European Journal of Political Economy, 2014, 34, (C), 440-458 View citations (20)

2013

14. EXCHANGE RATE REGIMES AND FISCAL DISCIPLINE: THE ROLE OF CAPITAL CONTROLS
    Economic Inquiry, 2013, 51, (4), 2096-2109 View citations (8)
15. On graduation from fiscal procyclicality
    Journal of Development Economics, 2013, 100, (1), 32-47 View citations (281)
    See also Working Paper On Graduation from Fiscal Procyclicality, CID Working Papers (2012) View citations (8) (2012)
16. THE EFFECTS OF ALTERNATIVE EXCHANGE RATE REGIMES ON REAL EXCHANGE RATE VOLATILITY: EVIDENCE BASED ON A NEW DATASET
    Contemporary Economic Policy, 2013, 31, (1), 212-234 View citations (6)

2011

17. Replacing a "Disobedient" Central Bank Governor with a "Docile" One: A Novel Measure of Central Bank Independence and Its Effect on Inflation
    Journal of Money, Credit and Banking, 2011, 43, (6), 1185-1215 View citations (19)
    Also in Journal of Money, Credit and Banking, 2011, 43, (6), 1185-1215 (2011) View citations (4)

2008

18. What is the Size of the Pie? Measuring the Informal Economy in Latin America and the Caribbean
    Money Affairs, 2008, XXI, (2), 161-191 View citations (6)

2003

19. Sostenibilidad de las políticas fiscales, exogeneidad y causalidad entre ingresos y gastos para las provincias argentinas
    Económica, 2003, IL, (1-2), 117-160
    Also in Económica, 2003, IL, (1-2), 117-160 (2003)

Books

2014

1. Reserve Requirements in the Brave New Macroprudential World
   World Bank Publications - Books, The World Bank Group View citations (58)
   See also Working Paper Reserve requirements in the brave new macroprudential world, Policy Research Working Paper Series, The World Bank (2014) View citations (37) (2014)

Edited books

2018

1. Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less
   IDB Publications (Books), Inter-American Development Bank View citations (23)

Chapters

2013

1. Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets
   Chapter 6 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 105-129 View citations (17)
   See also Working Paper Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets, National Bureau of Economic Research, Inc (2012) View citations (60) (2012)