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Externalities. Incentives, and Economic Reforms

International Monetary Fund - 1990

The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … effective institutions exist for overcoming coordination failure. External financing may weaken incentives for adjustment over … that strengthen incentives to provide effort. Uncertainty regarding future taxes reduces present effort and the …

Persistent link: https://www.econbiz.de/10014396155

Debt Relief and Adjustment Incentives : A Theoretical Exploration

International Monetary Fund - 1988

The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...

Persistent link: https://www.econbiz.de/10014396170

Options for Low Income Countries' Effective and Efficient Use of Tax Incentives for Investment : Tools for the Assessment of Tax Incentives

International Monetary Fund - 2015

This background paper describes five different tools that can be used for the assessment of tax incentives by … framework for assessment. Evaluations of the various costs and benefits of tax incentives are vital for informed decision making … light on the implications of tax parameters - including targeted tax incentives - on investment returns and help understand …

Persistent link: https://www.econbiz.de/10012644783

Adding Latin America to the Global Projection Model

International Monetary Fund - 2009

This is the fourth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In...

Persistent link: https://www.econbiz.de/10014402506

Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy

International Monetary Fund - 2010

This paper employs several econometric techniques to estimate the Armenian output gap. The findings indicate that the output gap is significantly positive in 2007 and 2008 and decreased dramatically in 2009. The paper uses these results to estimate a New Keynesian Phillips curve for Armenia,...

Persistent link: https://www.econbiz.de/10014398416

Government budgeting and expenditure controls : theory and practice

Premchand, Arigapudi; Premchand, A. - 1983

Persistent link: https://www.econbiz.de/10000637896

A supply-side look at tax incentives : definition, design, and selection criteria of efficient tax incentives

Sanchez-Ugarte, Fernando (contributor); … - 1985

Persistent link: https://www.econbiz.de/10003248497

Optimum currency areas : new analytical and policy developments

Bléjer, Mario I. (ed.) - International Monetary Fund - 1997

Persistent link: https://www.econbiz.de/10000967231

Balance of payments concepts and definitions

1976 - 2. ed. Reprinted

Persistent link: https://www.econbiz.de/10000577012

Advancing the frontiers of monetary policy

Adrian, Tobias (ed.); Laxton, Douglas (ed.); … - 2018

Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of Canada, the Czech Republic, and India. The analysis...

Persistent link: https://www.econbiz.de/10011874333

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