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After the Crisis; Assessing the Damage in Italy
Sgherri, Silvia; Morsy, Hanan - International Monetary Fund (IMF) - 2010
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italy’s economy. With output back to its...
Persistent link: https://www.econbiz.de/10008727814
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Factors Underlying the Definition of Broad Money; An Examination of Recent U.S. Monetary Statistics and Practices of Other Countries
Lim, Ewe-Ghee; Sriram, Subramanian S. - International Monetary Fund (IMF) - 2003
The paper examines the experiences of countries in defining monetary aggregates, particularly those countries that have undertaken substantial redefinitions. It finds that both the functional and empirical approaches are important; and that monetary definitions tend to be dynamic in nature,...
Persistent link: https://www.econbiz.de/10005604824
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Demand Patterns in France, Germany, and Belgium: Can We Explain the Differences?
Lebrun, Igor; Ruiz, Esther Pérez - International Monetary Fund (IMF) - 2014
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
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Kingdom of the Netherlands-Netherlands: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
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
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Australia; Selected Issues
International Monetary Fund (IMF); International … - 2008
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
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Ireland; Selected Issues
International Monetary Fund (IMF); International … - 2012
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
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United States; Selected Issues
International Monetary Fund (IMF); International … - 2012
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …
Persistent link: https://www.econbiz.de/10011244682
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Spain; Selected Issues
International Monetary Fund (IMF); International … - 2013
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
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Mexico; Selected Issues
International Monetary Fund (IMF); International … - 2007
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
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Australia; Selected Issues
International Monetary Fund (IMF); International … - 2011
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