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various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …
Persistent link: https://www.econbiz.de/10014401626
Over the last two decades a number of cross-country empirical studies have been undertaken to assess whether IMF-supported adjustment programs have led to an improved balance of payments and current account balance, lower inflation, and higher growth. These studies use a variety of methodologies...
Persistent link: https://www.econbiz.de/10014401507
-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education. Basic goals of the macroeconomic framework of the mid-term development strategy of Bosnia and Herzegovina are to reduce the overall public expenditures, lower the public debt,...
Persistent link: https://www.econbiz.de/10005598984
A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem are presented here. It is shown that the...
Persistent link: https://www.econbiz.de/10014395881
Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near term. Risks to the outlook are tilted to the downside. Boosting potential growth requires a comprehensive strategy. The consolidation targets set out in France’s...
Persistent link: https://www.econbiz.de/10011243070
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 paper reviews the Poverty Reduction Strategy Annual Evaluation Report 2005 for Moldova. Economic growth and income redistribution policies promoted in the context of Economic Growth and Poverty Reduction Strategy (EGPRS) implementation contributed to higher incomes and improved access of...
Persistent link: https://www.econbiz.de/10011243625
Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a … high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive … growth and reduce the high level of structural unemployment. Botswana was identified as having been able to sustain the …
Persistent link: https://www.econbiz.de/10014395662
The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential … output are jointly estimated; estimation integrates wage and price data with “real” and structural data; and third, the …
Persistent link: https://www.econbiz.de/10014396053