Showing 1 - 10 of 81
Persistent link: https://www.econbiz.de/10011393817
This paper reviews economic developments in Barbados during the 1990s. Economic activity declined during 1990-92 but began to recover in 1993. The recovery started slowly in 1993, but picked up in 1994, and real GDP grew by 3.8 percent in that year. Adverse weather in 1994 led to a drop in sugar...
Persistent link: https://www.econbiz.de/10014396144
, to end dependence on food aid, and to allow poor people to benefit from economic growth. It also assesses the challenges …
Persistent link: https://www.econbiz.de/10005591421
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies … - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant …
Persistent link: https://www.econbiz.de/10014396909
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
are presented here. It is shown that the relationship between expected dependency rates and consumption growth depends on … two parameters: the demographically varying committed consumption and the intertemporal elasticity of substitution. Thus …, the expected path of demographic variables can provide information on the consumers’ willingness to smooth consumption …
Persistent link: https://www.econbiz.de/10014395881
consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity …
Persistent link: https://www.econbiz.de/10014396051
This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170
This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be particularly volatile. The paper uses nonparametric estimation to capture possible...
Persistent link: https://www.econbiz.de/10005248228
This Selected Issues paper examines the long-term issues with pension expenditures in the Netherlands. The paper highlights that the public pension for a single person is equal to 70 percent of the (statutory) minimum wage. The minimum wage and public pensions thus move in lock-step; they are...
Persistent link: https://www.econbiz.de/10005252658