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In contrast to most Scandinavian countries, Iceland allocates the income of closely held businesses (CHBs) between …
Persistent link: https://www.econbiz.de/10009679037
This paper investigates the prospects for Ireland to grow its economy against the backdrop of high indebtedness. The paper uses vector autoregressive analysis to explore the interlinkages among competitiveness, exports, economic growth, and fiscal performance. The emerging conclusion is that...
Persistent link: https://www.econbiz.de/10012671068
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF’s Global Integrated Monetary and Fiscal model (GIMF), we examine spillovers the region could face, focusing on possible scenarios...
Persistent link: https://www.econbiz.de/10014412044
Expenditure in Iceland, especially related to the government wage bill, has tended to move in a procyclical manner …, related to the fragmentation of political decision making. Iceland''s elevated macroeconomic volatility reinforces these … underlying strains. To improve its fiscal framework, Iceland could look to the experience of countries like Belgium and the …
Persistent link: https://www.econbiz.de/10014400428
Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium. It discusses three …
Persistent link: https://www.econbiz.de/10014401156
data from a now-defunct bank in Iceland, where liquidity shocks were immense, to demonstrate how a combination of stress …
Persistent link: https://www.econbiz.de/10014402713
In contrast to most Scandinavian countries, Iceland allocates the income of closely held businesses (CHBs) between …
Persistent link: https://www.econbiz.de/10014395601
This paper discusses the effects of monetary indexation on the revenues from monetization in Iceland. The paper starts … revenues from monetization have traditionally made up a substantial part of Government revenues in Iceland. Different policy …
Persistent link: https://www.econbiz.de/10014395995