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Isabel Allende: Life and Spirits
A series of interviews with the Chilean author.
International Fiscal-financial Spillovers: The Effect of Fiscal Shocks on Cross-border Bank Lending
This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border bank lending. By estimating the dynamic response of U.S. cross-border bank lending towards the 45 recipient countries to exogenous domestic fiscal shocks (both measured by spending and revenue) between 1990Q1 and 2012Q4, we find that expansionary domestic fiscal shocks lead to a statistically significant increase in cross-border bank lending. The magnitude of the effect is also economically significant: the effect of 1 percent of GDP increase (decrease) in spending (revenue) is comparable to an exogenous decline in the federal funds rat...
Capital Flows at Risk: Taming the Ebbs and Flows
The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical policy questions: What policies and policy frameworks are most effective in dampening sharp capital flow movements in response to global shocks? What are the near- versus medium-term trade-offs of different policies? We tackle these questions using a quantile regression framework to predict the entire future probability distribution of capital flows to emerging markets, based on current domestic structural characteristics, policies, and global financial conditions. This new approach allows policymakers to quantify capital flows risks and evaluate policy tools to mitigate them, thus building the foundation of a risk management framework for capital flows.
Ramon's Story
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Christmas Notebook
Size: 6 x 9 inches 120 college ruled pages Use it at home, work or school as a journal, notebook, composition book or diary Fun, timeless Christmas gifts and birthday presents Perfect as a composition book for school assignments, meeting notes or as a personal journal for daily writing, to do lists and more
The Sexual Question
Exploring the links between sexuality, society, and state formation, this is the first history of prostitution and its regulation in Peru. Scholars and students interested in Latin American history, the history of gender and sexuality, and the history of medicine and public health will find Drinot's study engaging and thoroughly researched.
Hunted
“It’s not a process,” one pastor insisted, “rehabilitation is a miracle.” In the face of addiction and few state resources, Pentecostal pastors in Guatemala City are fighting what they understand to be a major crisis. Yet the treatment centers they operate produce this miracle of rehabilitation through extraordinary means: captivity. These men of faith snatch drug users off the streets, often at the request of family members, and then lock them up inside their centers for months, sometimes years. Hunted is based on more than ten years of fieldwork among these centers and the drug users that populate them. Over time, as Kevin Lewis O’Neill engaged both those in treatment and those who surveilled them, he grew increasingly concerned that he, too, had become a hunter, albeit one snatching up information. This thoughtful, intense book will reframe the arc of redemption we so often associate with drug rehabilitation, painting instead a seemingly endless cycle of hunt, capture, and release.
The Anti-Stupidity Book
Stupidity. What is it? Is is just something we see our neighbors and parents/kids do (and members of the opposite political party)? Or is it something more? Why does it seem to be so universal? Are there fundamentals of stupidity that can be recognized? These are the questions discussed in this volume. It presents six fundamentals of stupidity that lead to the stupid choices we see all around us. Included among these are the belief that there are no moral values, that God does not exist, and that it is acceptable to become addicted and to treat others badly and be proud. In the end, we see that the only sure way to avoid the fundamentals of stupidity is through the saving power of Jesus Christ.
Universidad Libre
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