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Macroeconomic Stability and Inclusive Growth
Davoodi, Hamid - 2021
We survey the literature on the relationship between macroeconomic stability and inclusive growth and identify gaps in our knowledge. We examine the role of macroeconomic policies (fiscal, monetary, macroprudential, and exchange rate) and measures of inclusiveness (income inequality, consumption...
Persistent link: https://www.econbiz.de/10015057903
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What Makes Growth Sustained?
Ostry, Jonathan David - 2008
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...
Persistent link: https://www.econbiz.de/10012677563
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Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries : The Case of Cameroon
Samake, Issouf - 2013
sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on … significant contribution to growth, while maintaining fiscal sustainability …
Persistent link: https://www.econbiz.de/10014409427
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Resource Windfalls, Optimal Public Investment and Redistribution : The Role of Total Factor Productivity and Administrative Capacity
Gelb, Alan H - 2012
resource windfall commands a lower level of public capital but a higher level of redistribution through transfers. Second …
Persistent link: https://www.econbiz.de/10012690171
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Who Pays for Your Rewards? Redistribution of the Credit Card Market
Agarwal, Sumit - 2023
We study credit card rewards as an ideal laboratory to quantify redistribution between consumers in retail financial … without rewards. We estimate an aggregate annual redistribution of $15 billion from less to more educated, poorer to richer …
Persistent link: https://www.econbiz.de/10015059603
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Innocent bystanders? : monetary policy and inequality in the U.S.
Coibion, Olivier; Gorodnichenko, Yuriy; Küng, Lorenz; … - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10009621686
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Pandemic, Poverty, and Inequality: Evidence from India
Bhalla, Surjit - 2022
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...
Persistent link: https://www.econbiz.de/10015060515
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Fiscal Incentive Effects of the German Equalization System
Stehn, Sven Jari - 2009
sustainability. Moreover, they have pursued pro-cyclical policies, particularly by raising expenditures in g …
Persistent link: https://www.econbiz.de/10012677792
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External Debt Sustainability in HIPC Completion Point Countries
Yang, Jie - 2009
Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a … challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC … sustainability in completion point countries will require continued structural reforms, timely donor support …
Persistent link: https://www.econbiz.de/10012677794
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Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries
Zhan, Zaijin - 2009
gauging their fiscal vulnerability and sustainability from the angle of managing exhaustible oil wea …
Persistent link: https://www.econbiz.de/10012677834