Showing 1 - 10 of 114
countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem …
Persistent link: https://www.econbiz.de/10014395881
is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers …
Persistent link: https://www.econbiz.de/10011243155
This paper examines whether financial deregulation in the 1980s has reduced the importance of liquidity constraints in consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity constraints and forward looking behavior. It is concluded...
Persistent link: https://www.econbiz.de/10014396051
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …
Persistent link: https://www.econbiz.de/10011244682
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
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
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10014399817
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
Developing and transition economies are prone to financial crises, including balance of payments and banking crises. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity, relative price changes, and fiscal retrenchment, among...
Persistent link: https://www.econbiz.de/10005264050
This report assesses the Annual Progress Report on the implementation of the Sustainable Development and Poverty Reduction Program (SDPRP), which is the Poverty Reduction Strategy Paper for Ethiopia. It reviews the fundamental development objectives of the SDPRP to build a free-market economic...
Persistent link: https://www.econbiz.de/10005591421