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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 … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …
Persistent link: https://www.econbiz.de/10009621686
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The Macroeconomics of Scaling Up Aid
Mongardini, Joannes - 2009
This paper assesses the macroeconomic implications of scaling up aid for Benin in line with the Gleneagles commitment to double aid to poor countries over the next three years to reach 85 per capita by 2010 and keep it at that level thereafter. The analysis suggests that the additional aid...
Persistent link: https://www.econbiz.de/10012677785
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Analyzing Fiscal Space Using the MAMS Model
Fund, International Monetary - 2009
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education...
Persistent link: https://www.econbiz.de/10012677888
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Aid Scaling Up : Do Wage Bill Ceilings Stand in the Way?
Fedelino, Annalisa - 2006
Intro -- Contents -- I. INTRODUCTION -- II. SCALING UP AID AND THE ROLE OF THE IMF -- III. WHY WAGE BILL CEILINGS? -- IV. WAGE BILL CONDITIONALITY IN PRACTICE -- V. DO WAGE BILL CEILINGS ACCOMMODATE DONOR-FINANCED WAGE SPENDING IN PRIORITY SECTORS? -- VI. IMPROVING WAGE BILL CONDITIONALITY --...
Persistent link: https://www.econbiz.de/10012691141
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Money Isn't Everything : The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia
Mattina, Todd D - 2006
Intro -- Contents -- I. INTRODUCTION -- II. THE CHALLENGE OF FORMULATING AN MDG SCENARIO -- III. THE FIRST-GENERATION MDG SCENARIO FOR ETHIOPIA -- IV. A "SECOND-GENERATION" MDG SCENARIO FOR ETHIOPIA -- V. REMAINING CHALLENGES -- References.
Persistent link: https://www.econbiz.de/10012691142
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Social Spending, Human Capital, and Growth in Developing Countries; Implications for Achieving the Mdgs
Baldacci, Emanuele; Cui, Qiang; Clements, Benedict J.; … - International Monetary Fund (IMF) - 2004
Using panel data from 120 developing countries from 1975 to 2000, this paper explores the direct and indirect channels linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health spending have a positive and significant direct...
Persistent link: https://www.econbiz.de/10005263905
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Gender and its Relevance to Macroeconomic Policy: A Survey
Stotsky, Janet Gale - International Monetary Fund (IMF) - 2006
that reducing gender inequality and improving the status of women may contribute to higher rates of economic growth and …
Persistent link: https://www.econbiz.de/10005826540
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The Demographic Dividend; Evidence From the Indian States
Mody, Ashoka; Aiyar, Shekhar - International Monetary Fund (IMF) - 2011
Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be...
Persistent link: https://www.econbiz.de/10008876597
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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
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Corruption and the Provision of Health Care and Education Services
Tiongson, Erwin; Davoodi, Hamid Reza; Gupta, Sanjeev - International Monetary Fund (IMF) - 2000
Government intervention to correct market failures is often accompanied by government failures and corruption. This is no more evident than in social sectors that are characterized by significant market failures and government intervention. However, the impact of corruption on the public...
Persistent link: https://www.econbiz.de/10005599238