Narrow search
Showing 1 - 10 of 304
Cover Image
The Dynamics of Money Demand and Prices
International Monetary Fund - 1990
The paper evaluates whether a monetary aggregate can serve as a useful predictor of inflation, using recent developments in the principle of cointegrated variables. M2 but not M1 is cointegrated with relevant price, transactions, and rate of return variables. However, deviations of M2 from its...
Persistent link: https://www.econbiz.de/10014395786
Cover Image
Corruption and Military Spending
International Monetary Fund - 2000
Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...
Persistent link: https://www.econbiz.de/10014399916
Cover Image
Income Inequality and Redistributive Government Spending
International Monetary Fund - 2003
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
Cover Image
Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions
International Monetary Fund - 1999
This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...
Persistent link: https://www.econbiz.de/10014400163
Cover Image
Social Security Tax Reform and Unemployment : A General Equilibrium Analysis for France
International Monetary Fund - 1997
This paper develops and calibrates a simple general equilibrium model with two types of labor and capital for the French economy. The simulation results indicate that targeted reductions in employer social security taxes have six times as large an effect on employment as untargeted reductions...
Persistent link: https://www.econbiz.de/10014401626
Cover Image
Trade and Industrial Location with Heterogeneous Labor
International Monetary Fund - 2004
We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and interregional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match....
Persistent link: https://www.econbiz.de/10014404143
Cover Image
Kenya : Poverty Reduction Strategy Paper
International Monetary Fund - 2005
This paper on Poverty Reduction Strategy Papers (PRSPs) on Kenya explains macroeconomic, structural, and social …
Persistent link: https://www.econbiz.de/10014406020
Cover Image
Kenya : 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kenya
International Monetary Fund - 2008
Kenya’s macroeconomic performance continued to improve until violence erupted in the aftermath of the general elections …
Persistent link: https://www.econbiz.de/10014402768
Cover Image
Kenya : Selected Issues and Statistical Appendix
International Monetary Fund - 2009
Like most Sub-Saharan African countries, Kenya’s economic growth appears to have been primarily driven by factor … accumulation. The Selected Issues paper and Statistical Appendix for Kenya examines economic developments and policies. During the … last two decades, Kenya has been plagued by pervasive problems of internal conflicts, constitutional crises, and corruption …
Persistent link: https://www.econbiz.de/10014402955
Cover Image
Kenya : Report on Observance of Standards and Codes: Fiscal Transparency Module
International Monetary Fund - 2008
In Kenya, the general government is not defined consistently with government finance statistics (GFS) principles … with overall fiscal management. External scrutiny of macroeconomic assumptions is encouraged. Kenya meets some of the …
Persistent link: https://www.econbiz.de/10014403733