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Kuwait: Selected Issues
International Monetary Fund (IMF); International … - 2013
investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline … is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected … investment rate is lower than the optimal investment rate of 20 percent of government income. …
Persistent link: https://www.econbiz.de/10011242728
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Why is it so Hard to Finance Budget Deficits? Problems of a Developing Country
Iwata, Shigeru; Feltenstein, Andrew - International Monetary Fund (IMF) - 2002
so by analyzing Pakistan's National Savings Scheme (NSS). The NSS has a number of unusual attributes, and its impact upon …
Persistent link: https://www.econbiz.de/10005826075
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Life-Cycles, Dynasties, Savings; Implications for Closed and Small, Open Economies
Faruqee, Hamid; Laxton, Douglas - International Monetary Fund (IMF) - 2000
This paper examines the macroeconomic implications of life-cycle and dynastic saving behavior for closed and small, open economies. Using an extended version of Blanchard’s overlapping agents model, the analytical framework nests these two competing views, treating agents as either dynastic...
Persistent link: https://www.econbiz.de/10005826319
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Botswana; 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities for Botswana
International Monetary Fund (IMF); International … - 2007
implementation of substantial structural reforms, in particular the authorities’ planned reforms in labor markets, the investment …
Persistent link: https://www.econbiz.de/10011244994
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Romania; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper discusses Romania’s modeling monetary policy. A simple Forecasting and Policy Analysis System (FPAS) for Romania has been designed to help in the preparation of the IMF staff’s forecasts and policy assessments. A major advantage of this approach is that...
Persistent link: https://www.econbiz.de/10011245389
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Monetary Transmission of Global Imbalances in Asian Countries
Lee, Il Houng; Choi, Woon Gyu - International Monetary Fund (IMF) - 2010
The paper explores the linkages between the global and domestic monetary gaps, and estimates the effects of monetary gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries for 1980-2008. We find a significant pass-through of the global monetary gap to...
Persistent link: https://www.econbiz.de/10008671301
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After the Crisis; Lower Consumption Growth But Narrower Global Imbalances?
Ohnsorge, Franziska; Mody, Ashoka - International Monetary Fund (IMF) - 2010
relative rise of the U.S. savings rate is helping narrow global imbalances. But with a likely earlier recovery in the U …
Persistent link: https://www.econbiz.de/10008561067
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The Path of Output From Plan to Market
Gylfason, Thorvaldur - International Monetary Fund (IMF) - 1994
This paper is intended to clarify the contribution of macroeconomic stabilization and structural adjustment to the transformation from plan to market in Central and Eastern Europe and elsewhere. Four main points emerge. First, increased price stability improves the utilization of capital and...
Persistent link: https://www.econbiz.de/10005604833
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Who Saves in Ireland? T+L3251he Micro Evidence
Badia, Marialuz Moreno - International Monetary Fund (IMF) - 2006
households at the peak of their working lives have relatively low savings though there is no evidence of a generational savings … savings and housing capital gains. …
Persistent link: https://www.econbiz.de/10005263766
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Is Housing Wealth An 'ATM'? the Relationship Between Household Wealth, Home Equity withdrawal, and Saving Rates
Klyuev, Vladimir; Mills, Paul S. - International Monetary Fund (IMF) - 2006
This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization...
Persistent link: https://www.econbiz.de/10005263776