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Optimal Fiscal Policy and Government Provision of Contingent Liabilities : The Example of Government Loan and Deposit Guarantees

International Monetary Fund - 1989

The optimal provision of loan guarantees or deposit insurance is examined in the context of an overlapping generations model. It is demonstrated that even in the face of a market imperfection that precludes diversification of the private sector’s loan portfolio to eliminate risk, full...

Persistent link: https://www.econbiz.de/10014395814

Human Capital Flight : Impact of Migrationon Income and Growth

International Monetary Fund - 1994

This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...

Persistent link: https://www.econbiz.de/10014395877

Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful?

International Monetary Fund - 2005

We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits...

Persistent link: https://www.econbiz.de/10014399872

Philippines; Selected Issues

International Monetary Fund (IMF); International … - 2008

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those in neighboring countries. The reform would also improve short- and especially medium-term...

Persistent link: https://www.econbiz.de/10011243744

Qatar: Selected Issues

International Monetary Fund (IMF); International … - 2015

Persistent link: https://www.econbiz.de/10011244097

Trends and Cycles in the U.S. Economy

International Monetary Fund - 1990

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395945

International Spillovers of Taxiation

International Monetary Fund - 1989

This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...

Persistent link: https://www.econbiz.de/10014396181

The Great Contractions in Russia, the Baltics and the Other Countries of the Former Soviet Union : A View From the Supply Side

International Monetary Fund - 2000

collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …

Persistent link: https://www.econbiz.de/10014399817

Asia Rising : A Sectoral Perspective

International Monetary Fund - 2007

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …

Persistent link: https://www.econbiz.de/10014401163

Why is China Growing So Fast?

International Monetary Fund - 1997

Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...

Persistent link: https://www.econbiz.de/10014403126