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Chile; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile’s macroeconomic framework. The findings suggest that the rule is near the volatility-minimizing efficiency frontier. The paper assesses the vulnerability of the Chilean banking system to...
Persistent link: https://www.econbiz.de/10011244474
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Fiscal Policy Through Time-Varying Tax Rates; If and How
Kaufman, Martin David - International Monetary Fund (IMF) - 2000
This paper investigates if there are circumstances where time-varying tax rates could improve welfare and whether such policy can effectively be implemented in practice. While, in principle, variable taxes could improve welfare in some cases, the paper highlights the very particular...
Persistent link: https://www.econbiz.de/10005825866
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Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina
Kanda, Daniel - International Monetary Fund (IMF) - 2006
This paper develops and estimates a model of the trade balance of Bosnia and Herzegovina. Credit flows and the fiscal …
Persistent link: https://www.econbiz.de/10005826416
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Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
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Use of Central Bank Credit Auctions in Economies in Transition
Saal, Matthew I.; Zamalloa, Lorena M. - International Monetary Fund (IMF) - 1994
Persistent link: https://www.econbiz.de/10005264260
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Does Supply or Demand Drive the Credit Cycle? Evidence from Central, Eastern, and Southeastern Europe
Everaert, Greetje; Che, Natasha Xingyuan; Geng, Nan; … - International Monetary Fund (IMF) - 2015
Countries in Central, Eastern, and Southeastern Europe (CESEE) experienced a credit boom-bust cycle in the last decade …. This paper analyzes the roles of demand and supply factors in explaining this credit cycle. Our analysis first focuses on a … large sample of bank-level data on credit growth for the entire CESEE region. We complement this analysis by five case …
Persistent link: https://www.econbiz.de/10011163123
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Fiscal Frameworks for Resource Rich Developing Countries
Poplawski-Ribeiro, Marcos; Villafuerte, Mauricio; … - International Monetary Fund (IMF) - 2012
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010878428
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Peru: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its population still lives in poverty. This paper applies...
Persistent link: https://www.econbiz.de/10011244249
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Trinidad and Tobago; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper analyzes medium-term fiscal sustainability in Trinidad and Tobago. The paper focuses on the challenge of distributing the nonrenewable resource wealth across generations. Its recommendations are geared toward the goal of intergenerational distribution and therefore...
Persistent link: https://www.econbiz.de/10011244257
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Pakistan; Report on Observance of Standards and Codes: Fiscal Transparency Module: An Update
International Monetary Fund (IMF); International … - 2008
This study was carried out in association with an FAD technical assistance mission on public financial management issues. It focuses on transparency aspects of fiscal management reforms reviewed by that mission as well as implementation of key report on observance of standards and codes...
Persistent link: https://www.econbiz.de/10011244492