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Foreign Aid and Consumption Smoothing; Evidence From Global Food Aid
Tiongson, Erwin; Clements, Benedict J.; Gupta, Sanjeev - International Monetary Fund (IMF) - 2003
Global food aid is considered a critical consumption smoothing mechanism in many countries. However, its record of stabilizing consumption has been mixed. This paper examines the cyclical properties of food aid with respect to food availability in recipient countries, with a view to assessing...
Persistent link: https://www.econbiz.de/10005605154
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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?
International Monetary Fund (IMF); International … - 2012
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10009654140
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Too Cold, Too Hot, or Just Right? Assessing Financial Sector Development Across the Globe
Barajas, Adolfo; Beck, Thorsten; Dabla-Norris, Era; … - International Monetary Fund (IMF) - 2013
this framework using a benchmarking exercise, which relates the difference between the actual level of financial …
Persistent link: https://www.econbiz.de/10010790428
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Calculating Sustainable Non-mineral Balances as Benchmarks for Fiscal Policy : The Case of Botswana
Clausen, Jens - 2008
Assuming a social welfare function that smoothes expenditure, this paper calculates a sustainability benchmark for the non-mineral balance in Botswana that is based on a notion of a "permanent income" from non-renewable resources. It is derived by constructing a hypothetical annuity from...
Persistent link: https://www.econbiz.de/10014409030
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On the extrapolation with the Denton proportional benchmarking method
Di Fonzo, Tommaso; Marini, Marco - 2012
Statistical offices have often recourse to benchmarking methods for compiling quarterly national accounts (QNA …). Benchmarking methods employ quarterly indicator series (i) to distribute annual, more reliable series of national accounts and (ii …) benchmarking method proposed by Denton (1971) is a widely used solution for distribution, but in extrapolation it may suffer when …
Persistent link: https://www.econbiz.de/10009618495
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Calculating Sustainable Non-mineral Balances as Benchmarks for Fiscal Policy
Clausen, Jens R. - 2008
Assuming a social welfare function that smoothes expenditure, this paper calculates a sustainability benchmark for the non-mineral balance in Botswana that is based on a notion of a ""permanent income"" from non-renewable resources. It is derived by constructing a hypothetical annuity from...
Persistent link: https://www.econbiz.de/10012677592
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Benchmarking Infrastructure Using Public Investment Efficiency Frontiers
Kapsoli, Javier - 2023
With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure for many countries, particularly in the context of post-pandemic recovery and rising debt emanating from higher energy costs and other pressures. Estimating investment...
Persistent link: https://www.econbiz.de/10015059445
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Performance of Publicly Listed Chilean Firms During the 2008-2009 Global Financial Crisis
Wu, Yi - International Monetary Fund (IMF) - 2012
This paper examines publicly listed Chilean firms’ performance during the 2008–09 crisis. In particular, it studies the effects from changes in external financing conditions, aggregate demand, and international trade on firms’ investment, sales, and profits, using...
Persistent link: https://www.econbiz.de/10011142000
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - International Monetary Fund (IMF) - 2013
Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles...
Persistent link: https://www.econbiz.de/10011142006
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External Linkages and Policy Constraints in Saudi Arabia
Westelius, Niklas J - International Monetary Fund (IMF) - 2013
The constraints that external linkages impose on domestic policy choices in Saudi Arabia have continuously evolved over the past four decades. This paper argues that two major ongoing developments in particular have affected and will continue to affect policy trade-offs. First, growing oil needs...
Persistent link: https://www.econbiz.de/10011142130