Similar Search Results

And Schumpeter Said, "This is How Thou Shalt Grow"; Further Quest for Economic Growth in Poor Countries

Beaugrand, Philippe - International Monetary Fund (IMF) - 2004

entrepreneurs innovate—in the Schumpeterian sense—in order to bring about structural changes in the economy. The conclusion …

Persistent link: https://www.econbiz.de/10005825901

Show Me the Money; Access to Finance for Small Borrowers in Canada

Klyuev, Vladimir - International Monetary Fund (IMF) - 2008

This paper examines access to business finance by Canadian small and medium-sized enterprises (SMEs) and to housing finance by Canadian households (particularly non-prime borrowers) against the background of a fairly concentrated and protected banking industry. It finds access broadly adequate...

Persistent link: https://www.econbiz.de/10005769089

Growth and Capital Flows with Risky Entrepreneurship

Sandri, Damiano - International Monetary Fund (IMF) - 2010

This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can … uninsurable risk of losing invested capital forces entrepreneurs to rely on self-financing, so that when business opportunities … open up entrepreneurs increase saving to finance the investment that produces growth. The key insight is that saving has to …

Persistent link: https://www.econbiz.de/10008519499

Sudden Stops, Output Drops, and Credit Collapses

Dagher, Jihad - International Monetary Fund (IMF) - 2010

This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and...

Persistent link: https://www.econbiz.de/10008646413

Sex Discrimination and Growth

Esteve-Volart, Berta - International Monetary Fund (IMF) - 2000

This paper argues that sex discrimination is an inefficient practice. We model sex discrimination as the complete exclusion of females from the labor market or as the exclusion of females from managerial positions. The former implies a reduction in GDP per capita; the latter distorts the...

Persistent link: https://www.econbiz.de/10005599386

Israel: Technical Assistance Report-Reviewing the Fiscal Regime for Mining

International Monetary Fund (IMF); International … - 2014

EXECUTIVE SUMMARY This report is provided to support the work of the â€˜Sheshinski IIâ€™ committee in reviewing the fiscal regime for mining. Mining is, and will remain, relatively minor both as a source of government revenue and within the wider economy. Nonetheless, it is important...

Persistent link: https://www.econbiz.de/10011244789

Israel: Selected Issues

International Monetary Fund (IMF); International … - 2014

This Selected Issues paper examines the housing market in Israel. Property prices in Israel are currently about 25 percent above their equilibrium value, owing largely to low mortgage interest rates and supply shortages. Price-to-income and price-to-rent ratios are well above their equilibrium...

Persistent link: https://www.econbiz.de/10011245181

Israel: Staff Report for 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2014

This 2013 Article IV Consultation highlights that Israelâ€™s economic fundamentals has remained strong. GDP growth is solid, unemployment is low, and inflation remains firmly anchored within the 1â€“3 percent target range. The financial sector is in good health, and the external...

Persistent link: https://www.econbiz.de/10011245422

Financial Liberalization in Israel

Clifton, Eric V. - International Monetary Fund (IMF) - 1994

Persistent link: https://www.econbiz.de/10005248331

A Stock-Flow Accounting Model of the Labor Market: An Application to Israel

Yakhin, Yossi; Presman, Natalya - International Monetary Fund (IMF) - 2015

The paper utilizes a theoretical stock-flow accounting model of the labor market, similar to Blanchard and Diamond (1989). Identifying restrictions are derived from the theoretical model and are imposed on a SVAR system. The estimation allows for decomposing fluctuations to their cyclical and...

Persistent link: https://www.econbiz.de/10011242401