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The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the...
Persistent link: https://www.econbiz.de/10010790239
-relative labor demand shocks. We find that (i) the long-run effect of a state-specific shock on the state employment level has … a set of 21 European countries, we show that while the short-term response of participation rates to labor demand shocks …
Persistent link: https://www.econbiz.de/10010790322
By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that …
Persistent link: https://www.econbiz.de/10010790349
demand shock and to assess how the effects of various demand and supply shocks change in the presence of oil storage facility …. We find that business-cycle driven oil demand shocks are the most important drivers of U.S. oil price fluctuations during …
Persistent link: https://www.econbiz.de/10011242253
This Statistical Appendix paper for the periods between 1996/97 and 2001/02 for Nepal discusses both nominal and real gross domestic product by sector; savings and investments; agricultural production and yields; Manufacturing Production Indices; energy consumption; tourism indicators; Consumer...
Persistent link: https://www.econbiz.de/10005591212
Persistent link: https://www.econbiz.de/10010878426
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/10010878430
In this study, macroeconomic development, its performance, and outlook are reviewed. Narrowing of the infrastructure gap and public financial management (PFM) are focused to safeguard investment quality. Fiscal reform has been introduced to improve the design of the tax system and to strengthen...
Persistent link: https://www.econbiz.de/10011244424
This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market financing are discussed. Structural reforms tackled...
Persistent link: https://www.econbiz.de/10011244444
This Technical Assistance Report discusses assessment of HMRC’s (Her Majesty’s Revenue and Customs) Tax Gap Analysis program in United Kingdom, and provides advice and guidance on further improving it. The HMRC’s tax gap analysis program is comprehensive in tax coverage, and...
Persistent link: https://www.econbiz.de/10011244623