Showing 1 - 10 of 237
This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization...
Persistent link: https://www.econbiz.de/10005263776
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10005769167
in Europe with a focus on these two groups, looking at contributions from cyclical and other factors, and seeking to draw …
Persistent link: https://www.econbiz.de/10011242288
This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP)...
Persistent link: https://www.econbiz.de/10011242200
The report provides the IMF's projections and estimates of Cape Verde on selected economic and financial indicators, 2001–05; social and demographic indicators, 2001–04; consumer prices; gross domestic product sources and uses of resources; gross domestic product by industry at current...
Persistent link: https://www.econbiz.de/10011244151
This statistical appendix for the Federated States of Micronesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with wages. Consumer price index, Pohnpei consumer index, Chuuk consumer index, Kosrae consumer index, and...
Persistent link: https://www.econbiz.de/10011244212
India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India’s 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken...
Persistent link: https://www.econbiz.de/10011244299
The staff report for the First Review Under the Stand-By Arrangement with the officials of Georgia highlights economic developments and policies. Sustaining economic growth and maintaining confidence in the currency and the financial system within the constraints of available external financing...
Persistent link: https://www.econbiz.de/10011244543
This paper discusses key findings of the Sixth Review Under the Poverty Reduction and Growth Facility (PRGF) for Georgia. Economic performance in recent years has been impressive, with the establishment of macroeconomic stability, a dramatic fiscal turnaround, and remarkable improvements in...
Persistent link: https://www.econbiz.de/10011244606
The 2007 Article IV Consultation reports on Ghana’s recent economic and policy development. Public Financial Management (PFM) has been strengthened through improvements in fiscal reporting and deployment of the new computerized payroll management system. Executive Directors commended the...
Persistent link: https://www.econbiz.de/10011244661