Similar Search Results

EU Framework for Safeguarding Financial Stability : Towards An Analytical Benchmark for Assessing its Effectiveness

Nieto, María - 2007

architecture to efficiently allocate resources to safeguard the EU financial system against systemic threats to stability, such as …

Persistent link: https://www.econbiz.de/10014400566

Efficiency and Legitimacy : Trade-Offs in IMF Governance

Cottarelli, Carlo - 2005

, because steps to enhance the legitimacy of such an institution through constraints on its decision-making process may affect … its operational efficiency. Potential trade-offs between legitimacy and efficiency exist for any public institution but … the specific ways in which legitimacy is pursued-that is, on the specific constraints that are set. Strategic reforms …

Persistent link: https://www.econbiz.de/10014400744

Lessons from the old masters on assessing equity and efficiency : a primer for fiscal policymakers

Gaspar, Vítor; Mauro, Paolo; Poghosyan, Tigran - 2017

How can a society's well-being be measured to include not only average incomes but also their distribution? How can the effects of policies be assessed by considering both equity and efficiency? This primer outlines the seminal contributions of influential economists of the past, including...

Persistent link: https://www.econbiz.de/10011748734

From expenditure consolidation to expenditure efficiency : addressing public expenditure pressures in Lithuania

Coady, David P.; Geng, Nan - 2015

This paper reviews public expenditure in Lithuania to identify areas where deeper structural reforms may be warranted to improve spending efficiency and contain future spending pressures. The analysis benchmarks spending in Lithuania against other European countries focusing on spending levels,...

Persistent link: https://www.econbiz.de/10011445593

Lucas vs. Lucas : On Inequality and Growth

Cordoba, Juan Carlos - 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 production...

Persistent link: https://www.econbiz.de/10014400357

Fair Weather or Foul? : The Macroeconomic Effects of El Niño

Cashin, Paul - 2015

This paper employs a dynamic multi-country framework to analyze the international macroeconomic transmission of El Niño weather shocks. This framework comprises 21 country/region-specific models, estimated over the period 1979Q2 to 2013Q1, and accounts for not only direct exposures of countries...