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Baum, Anja; Gupta, Sanjeev; Kimani, Elijah; Tapsoba, … - 2017

-2014, compiled by the IMF. It finds that-consistent with the existing literature-corruption is negatively associated with overall tax … revenue, and most of its components. This relationship is predominantly influenced by the way corruption interacts with tax … compliance. The establishment of large taxpayer offices improves tax compliance by dampening the perception of corruption …

Persistent link: https://www.econbiz.de/10011763707

Making monetary policy more effective : the case of the Democratic Republic of the Congo

Fischer, Felix; Lundgren, Charlotte; Jahjah, Samir - 2013

Persistent link: https://www.econbiz.de/10010389952

Zaire's Hyperinflation, 1990-1996

Beaugrand, Philippe - 1997

This paper reviews Zaïre’s experience with hyperinflation during 1990-96 and develops an illustrative model based on a money demand function that includes government revenue as a determinant. Government revenue is itself subject to the “Tanzi effect,” in which inflation tends to lower...

Persistent link: https://www.econbiz.de/10014400754

Fiscal Dominance and Inflation in the Democratic Republic of the Congo

Nachega, Jean-Claude - 2005

This paper examines the fiscal dominance hypothesis in the Democratic Republic of the Congo (DRC) during 1981-2003, using multivariate cointegration analysis and vector errorcorrection modeling. Empirical results point to strong and statistically significant long-run relationships between budget...

Persistent link: https://www.econbiz.de/10014401497

Overshooting and Dollarization in the Democratic Republic of the Congo

Beaugrand, Philippe - 2003

The paper develops an interpretation of volatile exchange rate movements in a dollarized economy with very high rates of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange rate) are seen as a proxy for changes in the relative...

Persistent link: https://www.econbiz.de/10014403894

Sources of Growth in the Democratic Republic of the Congo : A Cointegration Approach

Cinyabuguma, Matthias - 2004

The paper investigates the sources of growth in the Democratic Republic of the Congo since 1960 and evaluates the relative importance of total factor productivity growth and factor accumulation, using a cointegration method and a growth accounting framework. The main findings confirm that poor...

Persistent link: https://www.econbiz.de/10014404167

Making Monetary Policy More Effective : The Case of the Democratic Republic of the Congo

Fischer, Felix - 2013

The paper looks at the challenges of conducting monetary policy in a context of high dollarization of the banking system and weak institutions in the Democratic Republic of the Congo. The empirical analysis confirms the limited effectiveness of the Central Bank of Congo in controlling inflation,...

Persistent link: https://www.econbiz.de/10014394534

Inclusivity in the labor market

ElGanainy, Asmaa Adel; Ernst, Ekkehard; Merola, Rossana; … - 2021

Labor earnings are the dominant income source for most individuals. Thus, an inclusive labor market is key for ensuring inclusive growth. In this paper we propose four principles that an inclusive labor market will embody: access, fairness, protection and voice. While measuring inclusivity...

Persistent link: https://www.econbiz.de/10012613377

Informality and gender gaps going hand in hand

Malta, Vivian; Kolovich, Lisa; Martínez Leyva, Angelica; … - 2019

In sub-Saharan Africa women work relatively more in the informal sector than men. Many factors could explain this difference, including women's lower education levels, legal barriers, social norms and demographic characteristics. Cross-country comparisons indicate strong associations between...

Persistent link: https://www.econbiz.de/10012022004

The macroeconomic effects of labor and product market reforms in Morocco

Sarr, Babacar; Benlamine, Mokhtar; Munkacsi, Zsuzsa - 2019

This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...

Persistent link: https://www.econbiz.de/10012122485

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