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Health Care and its Financing in Italy; Issues and Reform Options

Reviglio, Franco - International Monetary Fund (IMF) - 2000

In Italy, health care budget ceilings are not effective. The poor control by the central government results in excessive use of expensive inputs, in long waiting lines for medical procedures, and in the emergence of large arrears to suppliers and commercial banks. To fully gain the benefits of...

Persistent link: https://www.econbiz.de/10005263732

What Should Macroeconomists Know About Health Care Policy: A Primer

Hsiao, William C. - International Monetary Fund (IMF) - 2000

This primer aims to provide IMF macroeconomists with the essential information they need in situations where they must address issues concerning health sector policy and when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to...

Persistent link: https://www.econbiz.de/10005825737

Determinants of Government Efficiency

Hauner, David; Kyobe, Annette - International Monetary Fund (IMF) - 2008

We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 countries on all income levels from 1980 to 2006, with about 1,800 country-year observations for the education sector and about 900 observations for health. We regress these...

Persistent link: https://www.econbiz.de/10005769278

Informal Labour and Credit Markets: A Survey

Levine, Paul; Lotti, Emanuela; Batini, Nicoletta; Kim, … - International Monetary Fund (IMF) - 2010

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We concentrate on labour and credit markets, since these tend to be most affected by...

Persistent link: https://www.econbiz.de/10008519512

Benchmarking the Efficiency of Public Expenditure in the Russian Federation

Hauner, David - International Monetary Fund (IMF) - 2007

This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country's regions. It finds that there is substantial room for efficiency gains, particularly in health care and social protection, although less...

Persistent link: https://www.econbiz.de/10005599372

PPP and the Balassa Samuelson Effect; The Role of the Distribution Sector

MacDonald, Ronald; Ricci, Luca Antonio - International Monetary Fund (IMF) - 2001

This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the...

Persistent link: https://www.econbiz.de/10005605202

Small Island States in the Pacific; the Tyranny of Distance

Becker, Chris - International Monetary Fund (IMF) - 2012

This paper seeks to document key characteristics of small island states in the Pacific. It restricts itself to a limited number of indicators which are macro-orientated - population, fertility of land, ability to tap into economies of scale, income, and geographic isolation. It leaves aside...

Persistent link: https://www.econbiz.de/10011242221

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default

Desgranges, Gabriel; Rochon, Céline - International Monetary Fund (IMF) - 2014

uncertainty. The Sovereign faces a trade-off between a future costly default and a high current fiscal effort. This results into a … uncertainty about future fundamentals is then a source of default through its effect on long term interest rates and the optimal …

Persistent link: https://www.econbiz.de/10010959469

The Impact of Uncertainty Shocks on the UK Economy

Denis, Stephanie; Kannan, Prakash - International Monetary Fund (IMF) - 2013

This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great … Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, depressing industrial … negligible after 18 months. Interestingly, the impact of uncertainty shocks on industrial production in the UK is strikingly …

Persistent link: https://www.econbiz.de/10010790244

Uncertainty and the Employment Dynamics of Small and Large Businesses

Ghosal, Vivek; Ye, Yang - International Monetary Fund (IMF) - 2015

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …

Persistent link: https://www.econbiz.de/10011123865