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Implementing the United States' domestic and international climate mitigation goals : a supportive fiscal policy approach
Parry, Ian W. H. - 2021
The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...
Persistent link: https://www.econbiz.de/10012518755
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Indirect Taxeson International Aviation
Strand, Jon - 2006
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10014400375
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WTO Financial Services Commitments : Determinants and Impacton Financial Stability
Valckx, Nico - 2002
The paper investigates the factors that have influenced WTO members to take on their chosen level of liberalization commitments in the framework of liberalization of trade in financial services and the impact of such commitments on financial sector stability. The most important factors are...
Persistent link: https://www.econbiz.de/10014399728
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Managing fiscal risks from national airlines in Pacific Island countries
Balasundharam, Vybhavi; Hunter, Leni; Lavea, Iulai; … - 2021
Pacific island countries (PICs) rely on national airlines for connectivity, trade, and tourism. These airlines are being struck hard by COVID-19. Losses will weigh on public sector balance sheets and pose risks to economic recovery. With a backdrop of tight fiscal space and increasing government...
Persistent link: https://www.econbiz.de/10012605642
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The GATS Agreementon Financial Services : A Modest Start to Multilateral Liberalization
Sorsa, Piritta - 1997
the General Agreements on Trade in Services (GATS). It provides an overview of the main features of the GATS and what the … participants in banking and securities within its framework, and compares GATS liberalization with the actual state of … emerging markets liberalized little under the GATS despite often well-developed financial markets, while the opposite was true …
Persistent link: https://www.econbiz.de/10014403355
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447
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Labor market flexibility and unemployment : new empirical evidence of static and dynamic effects
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Persistent link: https://www.econbiz.de/10009572457
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Fiscal policy and the current account : are microstates different?
Endegnanew, Yehenew; Amo-Yartey, Charles; Turner-Jones, … - 2012
This paper examines the empirical link between fiscal policy and the current account focusing on microstates defined as countries with a population of less than 2 million between 1970 and 2009. The paper employs panel regression and panel vector autoregression (VAR) on 155 countries of which 42...
Persistent link: https://www.econbiz.de/10009572529
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Short-term wholesale funding and systemic risk : a global CoVaR approach
Lopez-Espinosa, German; Moreno, Antonio; Rubia, Antonio; … - 2012
Persistent link: https://www.econbiz.de/10009572535
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Central bank credit to the government : what can we learn from international practices?
Jácome, Luis Ignacio; Matamoros-Indorf, Marcela; … - 2012
Persistent link: https://www.econbiz.de/10009423901