Showing 1 - 10 of 105
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that, first, dynamics for private consumption, non-residential...
Persistent link: https://www.econbiz.de/10010959463
This Selected Issues paper analyzes the housing prices, consumption, and the household debt overhang in the Netherlands … deleveraging is brought about through reduced household consumption, it can contribute to a protracted “balance sheet recessionâ …
Persistent link: https://www.econbiz.de/10011244329
This Selected Issues paper on Australia highlights the IMF’s new Global Integrated Monetary and Fiscal Model (GIMF), which is used to examine the macroeconomic implications of alternative fiscal responses to higher revenue. Lower labor and capital income taxes, along with higher public...
Persistent link: https://www.econbiz.de/10011244382
The Selected Issues paper describes the nexus between household wealth, saving, and consumption, and provides estimates … for the medium-term path of household saving and consumption. The paper also discusses to what extent the credit market …
Persistent link: https://www.econbiz.de/10011244469
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …
Persistent link: https://www.econbiz.de/10011244682
This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its …. Household savings fell across all households, but the declines were likely more material among lower income and highly indebted … groups. Declining household income and savings slowed deleveraging and put household balance sheets under pressure. Looking …
Persistent link: https://www.econbiz.de/10011244773
This Selected Issues paper analyzes external shocks and business cycle fluctuations in Mexico. The paper examines the relative importance of U.S. demand shocks—and other foreign disturbances—in explaining Mexican output fluctuations. It identifies the dynamic response of...
Persistent link: https://www.econbiz.de/10011245436
This study relates Australian household saving more closely to movements in asset market using event study analysis and …
Persistent link: https://www.econbiz.de/10011245841
This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries, including the initial conditions, institutional changes,...
Persistent link: https://www.econbiz.de/10005248163
This Selected Issues paper studies Luxembourg’s economic growth performance of the past two decades with a view to shedding light on the growth prospects and fiscal implications. The paper investigates whether the recent weakness in activity is largely transitory or whether it heralds a...
Persistent link: https://www.econbiz.de/10005252699