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France; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

This 2013 Article IV Consultation highlights that in a context of weakening economic conditions in Europe and sizeable fiscal consolidation and domestic policy uncertainty, the French economy flat lined in 2012. However, recent improvements in economic indicators support the expectation of a...

Persistent link: https://www.econbiz.de/10011242471

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia

Abdih, Yasser; Chami, Ralph; Ebeke, Christian; Barajas, … - International Monetary Fund (IMF) - 2012

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the Middle East, North Africa, and Central Asia,...

Persistent link: https://www.econbiz.de/10011142083

Private Sector Consumption and Government Consumption and Debt in Advanced Economies An Empirical Study

Mukherjee, Sanchita; Bhattacharya, Rina - International Monetary Fund (IMF) - 2010

This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particular with government debt per capita. Using data from eighteen OECD countries the paper examines whether there is any empirical evidence to support...

Persistent link: https://www.econbiz.de/10008727794

The Global Integrated Monetary and Fiscal Model (GIMF); Theoretical Structure

Laxton, Douglas; Mursula, Susanna; Kumhof, Michael; … - International Monetary Fund (IMF) - 2010

This working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is used by the IMF for a variety of tasks including policy analysis, risk analysis, and surveillance.

Persistent link: https://www.econbiz.de/10008519497

Public Expenditureson Social Programs and Household Consumption in China

Baldacci, Emanuele; Ding, Ding; Coady, David; … - International Monetary Fund (IMF) - 2010

This paper shows that increasing government social expenditures can make a substantive contribution to increasing … social expenditures for a panel of OECD countries and provides illustrative estimates of their implications for China. It … sustained 1 percent of GDP increase in public expenditures, distributed equally across education, health, and pensions, would …

Persistent link: https://www.econbiz.de/10008470372

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy

Bhattacharya, Rina - International Monetary Fund (IMF) - 1999

This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian...

Persistent link: https://www.econbiz.de/10005769068

Household spending out of a tax rebate : Italian "€80 tax bonus"

Neri, Andrea; Rondinelli, Concetta; Scoccianti, Filippo - 2017

We estimate the consumption response of Italian households to the "Euro80 tax bonus" intro-duced in 2014, using the panel component on the Survey of Household Income and Wealth. We find that households that received the tax rebate increased their monthly consumption of food and means of...