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Who Saves in Ireland? The Micro Evidence

Who Saves in Ireland? The Micro Evidence »

Source: Who Saves in Ireland? The Micro Evidence

Volume/Issue: 2006/131

Series: IMF Working Papers

Author(s): Marialuz Moreno Badia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863918

Keywords: Saving, pension, pensions, retirement, disposable income, pension coverage, Household Behavior,

This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to character...

Public Pension Reform: A Primer

Public Pension Reform: A Primer »

Source: Public Pension Reform : A Primer

Volume/Issue: 2007/28

Series: IMF Working Papers

Author(s): Alain Jousten

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865929

Keywords: household behavior, welfare programs, demographic trends, pension, social insurance, Fiscal Policies and Behavior of Economic Agents: Household, National Government Expenditures and Welfare Programs, Social Security and Public Pensions,

The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal R...

Intrahousehold Allocation of Resources

Intrahousehold Allocation of Resources »

Source: Intrahousehold Allocation of Resources : The Bolivian Family

Volume/Issue: 2001/57

Series: IMF Working Papers

Author(s): Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451847772

Keywords: household bargaining, child welfare, family members, extended family, extended families, household type, Consumer Economics: Empirical Analysis, Fiscal Policies and Behavior of Economic Agents: Household,

Recognizing that intrahousehold inequalities exist, this study focuses on the distribution of resources toward children across household types. A bargaining framework is used to test whether it matters who has cont...

Private Sector Consumption and Government Consumption and Debt in Advanced Economies

Private Sector Consumption and Government Consumption and Debt in Advanced Economies »

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

Volume/Issue: 2010/264

Series: IMF Working Papers

Author(s): Sanchita Mukherjee , and Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455210718

Keywords: non-Ricardian behavior, household income, fiscal consolidation, marginal propensity to consume,

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...

The Russian Flat Tax Reform

The Russian Flat Tax Reform »

Source: The Russian Flat Tax Reform

Volume/Issue: 2005/16

Series: IMF Working Papers

Author(s): Michael Keen , Alexander Klemm , and Anna Ivanova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

ISBN: 9781451860351

Keywords: Tax reform, flat tax, tax payments, tax rates, social taxes, Fiscal Policies and Behavior of Economic Agents: Household,

Russia dramatically reduced its higher rates of personal income tax (PIT) in 2001 establishing a single marginal rate at the low level of 13 percent. In the following year, real revenue from the PIT actually increa...

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

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

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

Volume/Issue: 1999/112

Series: IMF Working Papers

Author(s): Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1999

ISBN: 9781451853582

Keywords: government debt, government consumption, Ricardian behavior, non-Keynesian effects, household income, government spending, permanent income, fiscal consolidation, fiscal variables

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...

Determinants of Emigrant Deposits in Cape Verde

Determinants of Emigrant Deposits in Cape Verde »

Source: Determinants of Emigrant Deposits in Cape Verde

Volume/Issue: 2006/132

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863925

Keywords: emigrant deposits, altruism, exchange rate, exchange rate peg, Household Behavior: General, International Factor Movements And International Business,

In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This pape...

Search in the Labor Market under Imperfectly Insurable Income Risk

Search in the Labor Market under Imperfectly Insurable Income Risk »

Source: Search in the Labor Market under Imperfectly Insurable Income Risk

Volume/Issue: 2009/188

Series: IMF Working Papers

Author(s): Mauro Roca

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2009

ISBN: 9781451873351

Keywords: incomplete markets, heterogeneous agents, wage, unemployed, employment, Financial Markets and the Macroeconomy, Fiscal Policies and Behavior of Economic Agents: Household, Fiscal Policies and Behavior of Economic Agents: Firm, Unemployment: Models, Duration

This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the importance of incomplete markets when risk-averse agents are subject to idiosyncratic employmen...

Migration and Foreign Remittances in the Philippines

Migration and Foreign Remittances in the Philippines »

Source: Migration and Foreign Remittances in the Philippines

Volume/Issue: 2005/111

Series: IMF Working Papers

Author(s): Robert Burgess , and V. Haksar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861303

Keywords: growth, stabilization, remittance, remittance flows, equation, International Factor Movements and International Business: General, Household Behavior, International Factor Movements and International Business,

International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes s...

Home Sweet Home

Home Sweet Home »

Source: Home Sweet Home : Government's Role in Reaching the American Dream

Volume/Issue: 2011/191

Series: IMF Working Papers

Author(s): Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781462307258

Keywords: Housing finance, homeownership, tax expenditures, government guarantees, mortgage, mortgage interest, mortgages, Governmental Loans, Loan Guarantees, Credits

This paper investigates the role of government intervention in achieving the American dream of homeownership. The study analyzes the role of tax deductions in housing finance, including their impact on homeownershi...