Narrow search
Showing 1 - 10 of 316
Cover Image
Lucas vs. Lucas; On Inequality and Growth
Cordoba, Juan Carlos; Verdier, Geneviève - International Monetary Fund (IMF) - 2007
Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving the lives of poor people by finding different ways of distributing current...
Persistent link: https://www.econbiz.de/10005599308
Cover Image
Modeling Politics with Economics tools; A Critical Survey of the Literature
Olters, Jan-Peter - International Monetary Fund (IMF) - 2001
would permit the integration of the decision-making processes of voters, parties and governments with those of consumers and …
Persistent link: https://www.econbiz.de/10005605269
Cover Image
Evaluating Alternative Approaches to Poverty Alleviation; Rice Tariffs Versus Targeted Transfers in Madagascar
Dorosh, Paul A.; Coady, David; Minten, Bart - International Monetary Fund (IMF) - 2008
This paper uses a partial equilibrium framework to evaluate the relative efficiency, distributional and revenue implications of rice tariffs and targeted transfers in Madagascar, especially in the context of identifying their respective roles for poverty alleviation. Although there are likely to...
Persistent link: https://www.econbiz.de/10005826495
Cover Image
Fiscal Policy Rules for Oil-Producing Countries; A Welfare-Based Assessment
Maliszewski, Wojciech - International Monetary Fund (IMF) - 2009
The paper presents numerical simulations of various fiscal rules for oil-producing countries. Welfare implications are sensitive to the choice of the social welfare function, initial conditions, and non-oil growth prospects. The distribution of non-oil wealth is important for countries with...
Persistent link: https://www.econbiz.de/10008528606
Cover Image
Trade Policy with Heterogeneous Traders; Do Quotas Get a Bum Rap?
Krishna, Kala; Tan, Ling Hui - International Monetary Fund (IMF) - 2007
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who … tariffs may restrict trade by more than originally intended. Furthermore, the allocation of property rights (quota licenses …
Persistent link: https://www.econbiz.de/10005248181
Cover Image
On price stability and welfare
Yehoue, Etienne B. - 2012
The financial crisis in the advanced countries that began in 2007 has led central bankers to adopt unconventional policy measures as policy interest rates neared the zero bound. One suggestion (Blanchard, Dell'Ariccia, and Mauro, 2010) has been to raise inflation targets to provide more room for...
Persistent link: https://www.econbiz.de/10009620967
Cover Image
Inclusive Growth; Measurement and Determinants
Anand, Rahul; Mishra, Saurabh; Peiris, Shanaka J. - International Monetary Fund (IMF) - 2013
globalization could also be positive with foreign direct investment and trade openess fostering greater inclusiveness, while …
Persistent link: https://www.econbiz.de/10011242387
Cover Image
Two Sides of the Same Coin? Rebalancing and Inclusive Growth in China
Lee, Il Houng; Syed, Murtaza H.; Wang, Xin - International Monetary Fund (IMF) - 2013
This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export-led growth model. Between Chinese households, we find that the...
Persistent link: https://www.econbiz.de/10010790266
Cover Image
When is Growth Pro-Poor? Cross-Country Evidence
Kraay, Aart - International Monetary Fund (IMF) - 2004
Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I...
Persistent link: https://www.econbiz.de/10005605055
Cover Image
Deciding to enter a monetary union : the role of trade and financial linkages
Lama C., Ruy; Rabanal, Pau - 2012
This paper evaluates the role of trade and financial linkages in the decision to enter a monetary union. We estimate a … two-country DSGE model for the U.K. economy and the euro area, and use the model to compute the welfare trade-offs from … joining the euro. We evaluate two alternative scenarios. In the first one, we consider a reduction of trade costs that occurs …
Persistent link: https://www.econbiz.de/10009659826