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United States; Selected Issues
International Monetary Fund (IMF); International … - 2012
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …
Persistent link: https://www.econbiz.de/10011244682
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Social Security Tax Reform and Unemployment : A General Equilibrium Analysis for France
International Monetary Fund - 1997
various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …
Persistent link: https://www.econbiz.de/10014401626
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Tariffs and the Macroeconomy : Some Empirical Evidence
International Monetary Fund - 1989
This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear-cut predictions concerning the co-movement between unilateral tariff changes and a set of macroeconomic variables consisting of the real exchange rate, the trade balance, and the level of...
Persistent link: https://www.econbiz.de/10014396243
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Greece; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper analyzes the growth prospects of the Greek economy. It is estimated that exceptional factors boosted growth by 1 percentage point per year in recent years and, under current trends and policies, growth is likely to drop to about 3 percent by the end of the decade. The...
Persistent link: https://www.econbiz.de/10005825203
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Dependency Rates and Private Savings Behavior in Developing Countries
International Monetary Fund - 1988
countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem …
Persistent link: https://www.econbiz.de/10014395881
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Fiscal Rules-Anchoring Expectations for Sustainable Public Finances
International Monetary Fund - 2009
The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules...
Persistent link: https://www.econbiz.de/10014410177
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Following Germany'S Lead : Using International Monetary Linkages to Identify the Effect of Monetary Policyon the Economy
International Monetary Fund - 2005
Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...
Persistent link: https://www.econbiz.de/10014400699
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Spain; Selected Issues
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its …. Household savings fell across all households, but the declines were likely more material among lower income and highly indebted … groups. Declining household income and savings slowed deleveraging and put household balance sheets under pressure. Looking …
Persistent link: https://www.econbiz.de/10011244773
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Bosnia and Herzegovina; Poverty Reduction Strategy Paper—Mid-Term Development Strategy
International Monetary Fund (IMF); International … - 2004
Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education. Basic goals of the macroeconomic framework of the mid-term development strategy of Bosnia and Herzegovina are to reduce the overall public expenditures, lower the public debt,...
Persistent link: https://www.econbiz.de/10005598984
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France; Selected Issues
International Monetary Fund (IMF); International … - 2004
This Selected Issues paper on France underlies public intervention in financial markets. Econometric analysis indicates that in the long term, consumption tracks disposable income closely but is also affected by wealth effects. A counterfactual exercise suggests that a lower return to experience...
Persistent link: https://www.econbiz.de/10005599044