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Cross-region transfers in a monetary union : evidence from the US and some implications
Pennings, Steven - 2020
transfers. Results are broadly consistent with an open-economy New Keynesian model. At business-cycle frequencies, cross …
Persistent link: https://www.econbiz.de/10012241154
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Macroeconomic Effects of Government Spending Shocks : New Evidence Using Natural Disaster Relief in Korea
Yang, Weonho - 2012
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013
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Resource Windfalls, Macroeconomic Stability and Growth : The Role of Political Institutions
Arezki, Rabah - 2011
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10013117356
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The Quality of Fiscal Adjustment and the Long-Run Growth Impact of Fiscal Policy in Brazil
Blanco, Fernando; Herrera, Santiago - 2012
The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
Persistent link: https://www.econbiz.de/10012553826
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Infrastructure for Growth and Human Development in Pakistan : A Simulation Analysis of Fiscal Policy Options
Kinnunen, Jouko; Lofgren, Hans - 2013
final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012560158
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Vietnam Public Expenditure Review : Fiscal Policies towards Sustainability, Efficiency, and Equity
World Bank Government of Vietnam - 2017
Vietnam has experienced an impressive development transformation. The "Doi moi" course initiated in 1986 has … more than doubled from 2000 to 2014, placing Vietnam amongst the fastest growing developing economies with the most …
Persistent link: https://www.econbiz.de/10012246751
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Vietnam Development Report 2019 : Connecting Vietnam for Growth and Shared Prosperity
World Bank Group - 2019
Globally, Vietnam is among the most open economies with a trade-to-GDP ratio of 190 percent in 2018. Through the … has made remarkable achievements in trade liberalization. Vietnam's major trade partners located in East Asia, North … relations and connectivity initiatives are relevant to Vietnam, including with Southeast Asian neighbors, and South Asia …
Persistent link: https://www.econbiz.de/10012646759
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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
Mc Millan, Margaret - 2017
development quest. The sample includes Brazil, India, Vietnam and four African countries-Botswana, Ghana, Nigeria, and Zambia … industrialization only played a significant role in Vietnam …
Persistent link: https://www.econbiz.de/10012246181
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Fiscal policy and economic activity in South Asia
Beyer, Robert; Milivojevic, Lazar - 2019
This paper analyzes whether fiscal policy in South Asia amplifies or smooths business cycle fluctuations. The paper estimates several econometric models to explore the cyclicality of government spending and tax buoyancy. The findings show that fiscal policy is procyclical in most countries. In...
Persistent link: https://www.econbiz.de/10012008294
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What are the poverty and inequality impacts of fiscal policy in Turkey?
Cuevas, P. Facundo; Lucchetti, Leonardo; Nebiler, Metin - 2020
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...
Persistent link: https://www.econbiz.de/10012257124