Showing 1 - 10 of 151
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 paper focuses on the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of São Tomé and Príncipe. The National Poverty Reduction Strategy Paper represents the result of analyses of the country’s current situation as well as a set of proposals designed to rout the...
Persistent link: https://www.econbiz.de/10005599089
This document presents a profile of poverty, and indicates briefly the stakes and challenges involved, using available quantitative and qualitative data to specify the targeted objectives to be reached. Actions to be taken are then positioned within a macroeconomic framework for which short- and...
Persistent link: https://www.econbiz.de/10011243371
Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …One of the most significant recent developments in world trade has been the entry of China into the World Trade …
Persistent link: https://www.econbiz.de/10014400923
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than American exporters, who tend to price to domestic...
Persistent link: https://www.econbiz.de/10014395791
This paper compares the effective rates of taxation faced by a representative investor located in a major capital-exporting country for investments in machinery and buildings in nine capital-importing European countries. Poland and Hungary are found to have relatively high effective tax rates on...
Persistent link: https://www.econbiz.de/10014395865
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …
Persistent link: https://www.econbiz.de/10011244201
of an emerging real estate bubble. We find that, for China as a whole, the current levels of house prices do not seem …€™ mass-market and luxury segments. Unlike advanced economies before 2007-8, prices have tended to correct frequently in China … China has, and will continue to have,a structural driver. …
Persistent link: https://www.econbiz.de/10008777035
This selected issues paper on Indonesia 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 August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208
vulnerabilities; and how to best manage aggregate demand in this context, as growth is slowing yet risks are still rising. A key … achieve the desired transformation of the economy, but will also be challenging. Demand management. Reining in credit growth … trading partners. However, in the medium term, income and consumption will both be higher—a result that is good for China …
Persistent link: https://www.econbiz.de/10011243741