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Income Inequality and Redistributive Government Spending

International Monetary Fund - 2003

The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...

Persistent link: https://www.econbiz.de/10014400085

Real Exchange Rates and Commodity Prices in Neoclassical Model

International Monetary Fund - 1988

This paper presents a neoclassical model that explains the observed empirical relationship between government spending and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and increasing world commodity supplies simultaneously lead...

Persistent link: https://www.econbiz.de/10014396210

Trade Costs and Real Exchange Rate Volatility : The Role of Ricardian Comparative Advantage

International Monetary Fund - 2005

This paper examines the impact of trade costs on real exchange rate volatility. We incorporate a multi … exchange rate volatility depends on relative technological differences and trade costs. These differences highlight a new … volatility. We then test the importance of this channel using a large panel of cross-country data over 1970-97, and find strong …

Persistent link: https://www.econbiz.de/10014399797

Remoteness and Real Exchange Rate Volatility

International Monetary Fund - 2005

This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing … higher trade costs result in a larger nontradable sector. This, in turn, leads to higher real exchange rate volatility. We …

Persistent link: https://www.econbiz.de/10014404193

The impact of the industrial policies of developed countries on developing countries

1989 - 1. print

Persistent link: https://www.econbiz.de/10000785501

The Challenge of Public Pension Reform in Advanced and Emerging Economies

International Monetary Fund - 2011

This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011-2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these...

Persistent link: https://www.econbiz.de/10014410239

MULTIMOD Mark II : A Revised and Extended Model

International Monetary Fund - 1990

This paper explains different features of the MULTI-region econometric MODel (MULTIMOD). MULTIMOD is designed to examine the effects on that baseline of scenarios that involve changes in policies in major countries and other exogenous changes in the economic environment. The Mark II version...

Persistent link: https://www.econbiz.de/10014399223

The Role of National Saving in the World Economy : Recent Trends and Prospects

International Monetary Fund - 1990

This paper reviews and analyzes broad developments and considers specific policy measures to foster saving. The chapter also describes trends in national saving rates of industrial countries in recent years and briefly discusses the prospects over the medium term. The paper also discusses the...

Persistent link: https://www.econbiz.de/10014399313

Transmission of the Effects of the Fiscal Deficit in Industrial Countries to the Fiscal Deficit of the Developing Countries

International Monetary Fund - 1988

The paper shows that an increase in the aggregate fiscal deficit of the industrial countries may worsen the economic growth and fiscal balance of the developing countries that are burdened with external debt and facing current account constraints. The discussion is based on theoretical analysis...

Persistent link: https://www.econbiz.de/10014396075

Fund Assistance for Countries Facing Exogenous Shocks

International Monetary Fund - 2003

Persistent link: https://www.econbiz.de/10014409723

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