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Fiscal policy and structural transformation in developing economies
Skott, Peter - 2020
Developing economies with high levels of open or hidden unemployment face structural transformation problems. Unlike in mature economies there are no structural aggregate demand problems, and sustained aggregate demand stimulus can lead to a profit squeeze in the modern sector and...
Persistent link: https://www.econbiz.de/10012262305
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Inflation and Income Inequality in Developed and Developing Countries
Siami-Namini, Sima - 2019
causality in the long-run for both the DCs and LDCs group. The results help us to assess the effectiveness of monetary policy in … reducing income inequality in both the DCs and LDCs group. As a policy implication, monetary policy is often aimed at …
Persistent link: https://www.econbiz.de/10012889689
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Inflation and Income Inequality in Developed and Developing Countries
Siami-Namini, Sima - 2019
causality in the long-run for both the DCs and LDCs group. The results help us to assess the effectiveness of monetary policy in … reducing income inequality in both the DCs and LDCs group. As a policy implication, monetary policy is often aimed at …
Persistent link: https://www.econbiz.de/10012888688
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VAR Meets DSGE : Uncovering the Monetary Transmission Mechanism in Low-Income Countries
Li, Bin (Grace) - 2016
impulse responses to monetary policy shocks, and cumulatively they suggest that 'insignificant' results can be expected even …
Persistent link: https://www.econbiz.de/10012977749
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The Impacts of Sector Growth and Monetary Policy on Income Inequality in Developing Countries
Siami-Namini, Sima - 2017
industries, and directly utilize natural resources. The question is what policy instruments are efficient to reduce income … inequality. The main objectives of monetary policy aim to maintain price stability, improve sector growth, and create employment …, and monetary policy always dominates fiscal policy for rising or falling income inequality during a certain period, which …
Persistent link: https://www.econbiz.de/10012944898
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Agriculture and Non-Agriculture Growth, Inflation and Income Inequality in Developed and Developing Countries
Siami-Namini, Sima - 2019
The aim of this article is to examine how agriculture and non-agriculture growth and inflation affect income inequality. The multivariate panel data approach is used to examine the application of Kuznets hypothesis between income inequality and agriculture and non-agriculture sector growth and...
Persistent link: https://www.econbiz.de/10012860411
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Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries
Honda, Jiro - 2020
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical …
Persistent link: https://www.econbiz.de/10012831612
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Predicting Macroeconomic and Macrofinancial Stress in Low-Income Countries
Weisfeld, Hans; de Carvalho Filho, Irineu; Comelli, Fabio; … - 2021
In recent years, Fund staff has prepared cross-country analyses of macroeconomic vulnerabilities in low-income countries, focusing on the risk of sharp declines in economic growth and of debt distress. We discuss routes to broadening this focus by adding several macroeconomic and macrofinancial...
Persistent link: https://www.econbiz.de/10013250073
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Macroeconomics and Small Developing Economies : A Policy-Maker's Perspective
Worrell, DeLisle - 2019
This chapter draws inferences from the recent literature on open-economy macroeconomics about policies to achieve sustainable economic growth with stable external account balances and low inflation in small developing economies
Persistent link: https://www.econbiz.de/10012869703
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Fiscal policy during business cycles in developing countries : the case of Africa
Leibfritz, Willi; Rottmann, Horst - 2013
Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...
Persistent link: https://www.econbiz.de/10010211466