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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been …
Persistent link: https://www.econbiz.de/10005252521
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Composition of Government Expenditures and Demand for Education in Developing Countries
Matovu, John; Dabla-Norris, Era - International Monetary Fund (IMF) - 2002
This paper addresses the potential effects on human capital accumulation and economic growth of the alternative compositions of public expenditures in the context of a computable dynamic general equilibrium model of overlapping generations and heterogeneous agents in which altruistic parents...
Persistent link: https://www.econbiz.de/10005825657
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The Impact of Ethnic Heterogeneityon the Quantity and Quality of Public Spending
Kuijs, Louis - International Monetary Fund (IMF) - 2000
The paper investigates empirically the impact of ethnic heterogeneity on the amount of public spending on health and education and the quality, or “technical efficiency” of spending. While it finds partial evidence for the claim that more heterogeneous societies spend less on public goods,...
Persistent link: https://www.econbiz.de/10005825706
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Columbia or High School? Understanding the Roles of Education in Development
Ramcharan, Rodney - International Monetary Fund (IMF) - 2002
No country has achieved sustained economic development without investment in education. Thus, education policy can play a vital role in facilitating development. But which types of schooling-secondary or tertiary-should public policy promote? This paper develops an analytical framework to...
Persistent link: https://www.econbiz.de/10005599470
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Trade Adjustment and Human Capital Investment; Evidence From Indian Tariff Reform
Edmonds, Eric V.; Pavcnik, Nina; Topalova, Petia - International Monetary Fund (IMF) - 2007
Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? We examine this question in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schooling and decline in...
Persistent link: https://www.econbiz.de/10005599670
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Inclusive Growth; An Application of the Social Opportunity Function to Selected African Countries
Adedeji, Olumuyiwa; Du, Huancheng; Opoku-Afari, Maxwell - International Monetary Fund (IMF) - 2013
The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function,...
Persistent link: https://www.econbiz.de/10011242365
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Recent U.S. Labor Force Dynamics: Reversible or not?
Balakrishnan, Ravi; Dao, Mai; Sole, Juan; Zook, Jeremy - International Monetary Fund (IMF) - 2015
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
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Uncertainty and Unemployment: The Effects of Aggregate and Sectoral Channels
Choi, Sangyup; Loungani, Prakash - International Monetary Fund (IMF) - 2015
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper analyzes fiscal devolution in Belgium. It examines long-term fiscal strategies for meeting the fiscal burden of population aging. The paper presents estimates of the fiscal costs of population aging in Belgium, and discusses their sensitivity to underlying assumptions....
Persistent link: https://www.econbiz.de/10005252780
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The Economic Performance Index (EPI): an Intuitive Indicator for Assessing a Country's Economic Performance Dynamics in an Historical Perspective
Khramov, Vadim; Lee, John Ridings - International Monetary Fund (IMF) - 2013
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does … laypeople alike to understand and apply to the economy. To maximize ease of understanding, we adopt a descriptive grading system …
Persistent link: https://www.econbiz.de/10010990724