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Indirect Taxeson International Aviation
Strand, Jon; Keen, Michael - International Monetary Fund (IMF) - 2006
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10005769201
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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?
Behar, Alberto; Mok, Junghwan - International Monetary Fund (IMF) - 2013
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled … private-sector employment rates and high proportions of government-sector employment. Regressions of either private …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that …
Persistent link: https://www.econbiz.de/10010790351
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Indirect Taxes on International Aviation.
Strand, Jon - 2006
Intro -- Contents -- I. INTRODUCTION -- II. TYPES OF AVIATION TAX -- III. AVIATION TAXES IN PRACTICE -- IV. ENVIRONMENTAL AND OTHER EXTERNALITIES -- V. TAXING INTERNATIONAL AVIATION: BASIC PRINCIPLES -- VI. THE IMPLICATIONS OF NON-ENVIRONMENTAL DISTORTIONS IN INTERNATIONAL AVIATION -- VII....
Persistent link: https://www.econbiz.de/10012691181
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Resource Windfalls, Macroeconomic Stability and Growth; The Role of Political Institutions
Kazimov, Kazim; Hamilton, Kirk; Arezki, Rabah - International Monetary Fund (IMF) - 2011
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10009151227
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Why Are Japanese Wages so Sluggish?
Sommer, Martin - International Monetary Fund (IMF) - 2009
felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment …
Persistent link: https://www.econbiz.de/10004999951
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Recession and Policy Transmission to Latin American tourism; Does Expanded Travel to Cuba offset Crisis Spillovers?
Wolfe, Andrew M.; Romeu, Rafael - International Monetary Fund (IMF) - 2011
This study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across...
Persistent link: https://www.econbiz.de/10008839340
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Medium-Term Fiscal Multipliers during Protracted Recessions
Dell'Erba, Salvatore; Poplawski-Ribeiro, Marcos; … - International Monetary Fund (IMF) - 2014
Jorda’s (2005) local projection methodology, we find that cumulative fiscal multipliers related to output, employment and …
Persistent link: https://www.econbiz.de/10011142040
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Tariff-tax reforms in large economies
Ganelli, Giovanni; Tervala, Juha - 2012
This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the...
Persistent link: https://www.econbiz.de/10009615785
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Financial Integration and Risk-Adjusted Growth Opportunities
Ivaschenko, Iryna V.; Nicoló, Gianni De - International Monetary Fund (IMF) - 2008
This paper documents the evolution of measures of financial integration for major advanced and emerging markets economies, assesses whether advances in integration have had a significant positive impact on countries' risk-adjusted growth opportunities, and identifies some of the channels through...
Persistent link: https://www.econbiz.de/10005263723
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Central Bank Credit to the Government; What Can We Learn From International Practices?
Matamoros-Indorf, Marcela; Sharma, Mrinalini; Townsend, … - International Monetary Fund (IMF) - 2012
Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are: (i) in most advanced countries, central banks do not finance government...
Persistent link: https://www.econbiz.de/10009650634