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Agur, Itai - International Monetary Fund (IMF) - 2014

The global financial crisis highlighted that the financial system can be most vulnerable when it seems most stable. This paper models non-linear dynamics in banking. Small shocks can lead from an equilibrium with few bank defaults straight to a full freeze. The mechanism is based on...

Persistent link: https://www.econbiz.de/10010800971

Mexico; Experiences with Pro-Poor Expenditure Policies

Corbacho, Ana; Schwartz, Gerd - International Monetary Fund (IMF) - 2002

Against the background of Mexico's persistently high degree of inequality, this paper analyzes the country's experience with pro-poor policies over the last decade. A number of important government initiatives, implemented since the mid-1990s, have aimed at improving distributional equity...

Persistent link: https://www.econbiz.de/10005248152

Is Asia Prepared for An Aging Population?

Heller, Peter S. - International Monetary Fund (IMF) - 2006

Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the...

Persistent link: https://www.econbiz.de/10005248253

What Should Macroeconomists Know About Health Care Policy: A Primer

Hsiao, William C. - International Monetary Fund (IMF) - 2000

This primer aims to provide IMF macroeconomists with the essential information they need in situations where they must address issues concerning health sector policy and when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to...

Persistent link: https://www.econbiz.de/10005825737

Budget Rigidity and Expenditure Efficiency in Slovenia

Mattina, Todd D.; Gunnarsson, Victoria - International Monetary Fund (IMF) - 2007

This paper assesses the relative efficiency and flexibility of public spending in Slovenia compared to the advanced and new EU member states. Spending on health care, education, and social protection is relatively high in Slovenia without achieving correspondingly better outcomes. Inefficiencies...

Persistent link: https://www.econbiz.de/10005826042

Education and Health in G7 Countries; Achieving Better Outcomes with Less Spending

Gunnarsson, Victoria; Carcillo, Stéphane; Verhoeven, Marijn - International Monetary Fund (IMF) - 2007

Enhancing the efficiency of education and health spending is a key policy challenge in G7 countries. The paper assesses this efficiency and seeks to establish a link between differences in efficiency across countries and policy and institutional factors. The findings suggest that reforms aimed...

Persistent link: https://www.econbiz.de/10005768819

Informal Labour and Credit Markets: A Survey

Levine, Paul; Lotti, Emanuela; Batini, Nicoletta; Kim, … - International Monetary Fund (IMF) - 2010

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We concentrate on labour and credit markets, since these tend to be most affected by...

Persistent link: https://www.econbiz.de/10008519512

What Should Macroeconomists Know About Health Care Policy?

Heller, Peter S. - International Monetary Fund (IMF) - 2007

This primer aims to provide IMF macroeconomists with the essential information they need to address issues concerning health sector policy, particularly when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to any strategy of...

Persistent link: https://www.econbiz.de/10005599256

Central Bank Collateral Frameworks : Principles and Policies

McCaughrin, Rebecca - 2008

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Persistent link: https://www.econbiz.de/10012679475

Does Global Liquidity Matter for Monetary Policy in the Euro Area?

Berger, Helge - 2009

Global excess liquidity is sometimes believed to limit sovereign monetary policy even in large economies, including the … euro area. There is much discussion about what constitutes global excess liquidity and our approach adjusts liquidity for … longer-term interest rate and output effects. We find that especially excess liquidity in the U.S. leads developments in euro …

Persistent link: https://www.econbiz.de/10012677373

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