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Do IMF-Supported Programs Help Make Fiscal Adjustment More Durable?

Moon, Soojin; Bulir, Ales - International Monetary Fund (IMF) - 2003

This paper investigates fiscal developments in 112 countries during the 1990s. It finds that, while the overall fiscal balance improved in most of them, the composition of this improvement differed. In nonprogram countries, revenues increased modestly and expenditure declined sharply, while in...

Persistent link: https://www.econbiz.de/10005263802

The Incidence and Effectiveness of Prior Actions in IMF-Supported Programs

Ramakrishnan, Uma; Thomas, Alun H. - International Monetary Fund (IMF) - 2006

Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially when the member's track record is weak. We find some support for this signaling...

Persistent link: https://www.econbiz.de/10005768821

How Does Conditional Aid (Not) Work?

Ramcharan, Rodney - International Monetary Fund (IMF) - 2002

Does policy conditionality worsen domestic welfare, as governments are forced to attempt unpopular reforms resulting in damaging protests, or does conditionality help implement reforms that otherwise would have been impossible? This paper analyzes these questions. Using a game-theoretic...

Persistent link: https://www.econbiz.de/10005768864

Chile; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …

Persistent link: https://www.econbiz.de/10011244359

Chile: Selected Issues

International Monetary Fund (IMF); International … - 2014

Persistent link: https://www.econbiz.de/10011245450

Business Cycle Accounting for Chile

Söderling, Ludvig; Simonovska, Ina - International Monetary Fund (IMF) - 2008

We investigate sources of economic fluctuations in Chile during 1998-2007 within the framework of a standard …, and government/trade wedges for business cycles in Chile. The purpose of this exercise is twofold: (i) focus the policy …

Persistent link: https://www.econbiz.de/10005263664

Monetary Transmission and Financial Indexation - Evidence from the Chilean Economy

Mendoza, Enrique G.; Delgado-Fernández, Fernando-Luciano - International Monetary Fund (IMF) - 1994

Persistent link: https://www.econbiz.de/10005264259

International Fuel Tax Assessment; An Application to Chile

Parry, Ian W.H.; Strand, Jon - International Monetary Fund (IMF) - 2011

extrapolations from U.S.evidence. The analysis is illustrated for the case of Chile, though it could be applied to other countries. …

Persistent link: https://www.econbiz.de/10009203535

Investment-Specific Productivity Growth; Chile in a Global Perspective

Bella, Gabriel Di; Cerisola, Martin - International Monetary Fund (IMF) - 2009

By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted … in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the … investment-specific technological improvements have contributed significantly to long-term growth in Chile, in line with trends …

Persistent link: https://www.econbiz.de/10008497610

What Explains Movements in the Peso/Dollar Exchange Rate?

Wu, Yi - International Monetary Fund (IMF) - 2013

. The Central Bank of Chile’s foreign exchange interventions in 2008 and 2011 had a small impact on the peso. …

Persistent link: https://www.econbiz.de/10010790289