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In this paper a general equilibrium intertemporal model with optimizing consumers and producers is developed to analyze how the imposition of a temporary import tariff affects the path of real exchange rates and the current account. The model is completely real, and considers a small open...
Persistent link: https://www.econbiz.de/10014395800
This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear … the hypothesis that tariffs have no statistically significant impact on the trade balance, the real exchange rate, or the …
Persistent link: https://www.econbiz.de/10014396243
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
This paper describes the compilation of the first truly comprehensive database on gross government debt-to-GDP ratios, covering nearly the entire IMF membership (174 countries) and spanning an exceptionally long time period. The database was constructed by bringing together a number of other...
Persistent link: https://www.econbiz.de/10014402998
The Detailed Assessments of the Observance of Standards and Codes on France reviews compliance with Basel Core …. France fulfills all prerequisites for effective payment clearing and settlement systems. Capital markets are large and …
Persistent link: https://www.econbiz.de/10014405966
These Technical Notes on France explain integration of global financial markets. The stress tests for the France … constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in … France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models …
Persistent link: https://www.econbiz.de/10014405967
French government. France has a large and sophisticated financial system, which accounts for 10 percent of the global banking …
Persistent link: https://www.econbiz.de/10014406033
This note provides a report on the Observance of Standards and Codes in France, and provides updates on the …
Persistent link: https://www.econbiz.de/10014410940
The transparency of budget presentation and the accountability to parliament have been improved. A clear view has been provided of the implementation of the objectives of the previous fiscal year for the central government. An annex to the budget showed cost-sharing contributions, which were...
Persistent link: https://www.econbiz.de/10014410941
This 2002 Article IV Consultation highlights that the economy of France is facing a fast-approaching demographic …
Persistent link: https://www.econbiz.de/10014406346