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New Energy Sources for Jordan

New Energy Sources for Jordan »

Source: New Energy Sources for Jordan : Macroeconomic Impact and Policy Considerations

Volume/Issue: 2015/115

Series: IMF Working Papers

Author(s): Andrea Gamba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 May 2015

ISBN: 9781513544038

Keywords: oil, prices, gas, Publicly Provided Goods: Mixed Markets, General,

Jordan's initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. Significant uncertainti...

The Welfare Multiplier of Public Infrastructure Investment

The Welfare Multiplier of Public Infrastructure Investment »

Source: The Welfare Multiplier of Public Infrastructure Investment

Volume/Issue: 2016/40

Series: IMF Working Papers

Author(s): Giovanni Ganelli , and Juha Tervala

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2016

ISBN: 9781475516678

Keywords: Public Infrastructure, investment, consumption, multipliers, elasticity, Open Economy Macroeconomics, Publicly Provided Private Goods, Infrastructures, All Countries,

We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure invest...

Challenges in Expanding Development Assistance

Challenges in Expanding Development Assistance »

Source: Challenges in Expanding Development Assistance

Volume/Issue: 2002/5

Series: IMF Policy Discussion Papers

Author(s): Peter Heller , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

ISBN: 9781451972788

Keywords: Absorptive capacity, Poverty, Foreign aid, ODA, international public goods, exchange rate, capita income, industrial countries, real exchange, public goods

This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium...

The Distributional Bias of Public Education

The Distributional Bias of Public Education »

Source: The Distributional Bias of Public Education : Causes and Consequences

Volume/Issue: 2004/214

Series: IMF Working Papers

Author(s): Mark Gradstein , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451875027

Keywords: Public education, incidence bias, inequality, education spending, income inequality, private education, Publicly Provided Private Goods, Macroeconomic Analyses of Economic Development,

While public education is often intended to be progressive in its effects on income distribution, in reality its incidence is often skewed toward the rich. This paper argues that the extent of this bias is directly...

Subsidy Reforms and Poverty Alleviation

Subsidy Reforms and Poverty Alleviation »

Source: Subsidy Reforms and Poverty Alleviation

Volume/Issue: 2001/126

Series: IMF Working Papers

Author(s): Chandra Bhambhri , and Parkash Chander

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2001

ISBN: 9781451854909

Keywords: subsidy, reforms, quality, deadweight loss, budgetary constraints, fiscal savings, fiscal balance, Consumer Economics: Theory, Publicly Provided Private Goods, Fiscal Policies And Behavior Of Economic Agents

This paper presents a general framework for characterizing the optimal pattern of subsidies for poverty alleviation under budgetary constraints and suggests possible reforms for the existing pattern of subsidies. T...

Public Infrastructures, Public Consumption, and Welfare in a New-Open-Economy-Macro Model

Public Infrastructures, Public Consumption, and Welfare in a New-Open-Economy-Macro Model »

Source: Public Infrastructures, Public Consumption, and Welfare in a New-Open-Economy-Macro Model

Volume/Issue: 2007/67

Series: IMF Working Papers

Author(s): Giovanni Ganelli , and Juha Tervala

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866315

Keywords: Public Spending Composition, Imperfect Competition, Nominal Rigidities, government spending, public spending, open economy, domestic economy, Open Economy Macroeconomics, Publicly Provided Private Goods,

This paper focuses on the trade-off faced by governments in deciding the allocation of public expenditures between productivity-enhancing public infrastructures and utility-enhancing public consumption. From the mo...

Determinants of Public-Private Partnerships in Infrastructure

Determinants of Public-Private Partnerships in Infrastructure »

Source: Determinants of Public-Private Partnerships in Infrastructure

Volume/Issue: 2006/99

Series: IMF Working Papers

Author(s): Etienne Yehoue , Mona Hammami , and Jean-François Ruhashyankiko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2006

ISBN: 9781451863598

Keywords: Public-Private Partnerships, Infrastructures, telecommunication sector, telecommunications, private sector participation, toll roads, Publicly Provided Goods: Other, Corporate Finance and Governance: Government Policy and Regulation

This paper presents an empirical analysis of the cross-country and cross-industry determinants of public-private partnership (PPP) arrangements. We find that PPPs tend to be more common in countries where governmen...

The Challenge of Fiscal Decentralization in Transition Countries

The Challenge of Fiscal Decentralization in Transition Countries »

Source: The Challenge of Fiscal Decentralization in Transition Countries

Volume/Issue: 2002/103

Series: IMF Working Papers

Author(s): Era Dabla-Norris , and Paul Wade

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2002

ISBN: 9781451852707

Keywords: fiscal reform, transition, decentralization, subnational governments, intergovernmental fiscal, intergovernmental fiscal relations, Taxation, Subsidies, and Revenue: General, Fiscal Policies and Behavior of Economic Agents: General

This paper examines key aspects of the ongoing decentralization process in transition economies and identifies areas where the present systems can have potentially adverse impacts on both service delivery and macro...

Understanding the Evolution of World Business Cycles

Understanding the Evolution of World Business Cycles »

Source: Understanding the Evolution of World Business Cycles

Volume/Issue: 2005/211

Series: IMF Working Papers

Author(s): Ayhan Kose , Christopher Otrok , and Charles Whiteman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862300

Keywords: International business cycles, globalization, transmission of macroeconomic fluctuations, business cycles, globalization period, business cycle, National Government Expenditures and Related Policies: General, performance measures, Publicly Provided Goods,

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor model to estimate common and country-specific components in the main macroeconomic aggregates of...

Does Performance Budgeting Work? An Analytical Review of the Empirical Literature

Does Performance Budgeting Work? An Analytical Review of the Empirical Literature »

Source: Does Performance Budgeting Work? An Analytical Review of the Empirical Literature

Volume/Issue: 2005/210

Series: IMF Working Papers

Author(s): Marc Robinson , and Jim Brumby

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862294

Keywords: performance measures, budget process, resource allocation, performance budgeting systems, government accounting, National Government Expenditures and Related Policies: General, Publicly Provided Goods,

This paper attempts to ascertain what light the empirical literature sheds on the efficacy of performance budgeting. Performance budgeting refers to procedures or mechanisms intended to strengthen links between the...