Search Results

You are looking at 1 - 10 of 12 items

  • Keyword: Transfer problem x
Clear All Modify Search
The Short-Run Macroeconomics of Aid Inflows

The Short-Run Macroeconomics of Aid Inflows »

Source: The Short-Run Macroeconomics of Aid Inflows : Understanding the Interaction of Fiscal and Reserve Policy

Volume/Issue: 2010/65

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , Andrew Berg , Tokhir Mirzoev , and Rafael Portillo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

ISBN: 9781451982091

Keywords: transfer problem, real exchange rate, inflation, central bank, real wages, real interest rates, Open Economy Macroeconomics,

We develop a tractable open-economy new-Keynesian model with two sectors to analyze the short-term effects of aid-financed fiscal expansions. We distinguish between spending the aid, which is under the control of t...

Educational Choices and Educational Constraints

Educational Choices and Educational Constraints »

Source: Educational Choices and Educational Constraints : Evidence From Bolivia

Volume/Issue: 2000/42

Series: IMF Working Papers

Author(s): Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2000

ISBN: 9781451846201

Keywords: cash transfers, education spending, hazard model, probability, schooling, educational achievement, educational attainment, problems

Recent efforts at poverty alleviation emphasize increasing government spending on education. However, even if spending were perfectly targeted, it is not evident that spending by itself will lead to higher educatio...

The Dynamic Implications of Foreign Aid and Its Variability

The Dynamic Implications of Foreign Aid and Its Variability »

Source: The Dynamic Implications of Foreign Aid and Its Variability

Volume/Issue: 2005/119

Series: IMF Working Papers

Author(s): Timothy Lane , Leslie Lipschitz , Cristina Arellano , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861389

Keywords: Real business cycle, general equilibrium, aid, transfer problem, tradable goods, nontradable goods, standard deviation, elasticity of substitution, terms of trade, Computable General Equilibrium Models

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A permanent flow of aid...

The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios

The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios »

Source: The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios

Volume/Issue: 2010/160

Series: IMF Working Papers

Author(s): Rafael Portillo , Andrew Berg , Jan Gottschalk , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201433

Keywords: Real Exchange Rate, Transfer problem, exchange rate, exchange rate regime, private investment, One, Two, and Multisector Growth Models,

We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess the implications of different policy responses. The model features key structural characteristics of low-income countries, i...

Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-ins or Official Transfers?

Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-ins or Official Transfers? »

Source: Dealing with Systemic Sovereign Debt Crises : Fiscal Consolidation, Bail-ins or Official Transfers?

Volume/Issue: 2015/223

Series: IMF Working Papers

Author(s): Damiano Sandri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2015

ISBN: 9781513569246

Keywords: Sovereign default, bail-ins, transfers, debt, creditors, sovereign debt, International Monetary Arrangements and Institutions, International Lending and Debt Problems, General, All Countries,

The paper presents a tractable model to understand how international financial institutions (IFIs) should deal with the sovereign debt crisis of a systemic country, in which case private creditors' bail-ins entail...

Policy Responses to Aid Surges in Countries with Limited International Capital Mobility: The Role of the Exchange Rate Regime

Policy Responses to Aid Surges in Countries with Limited International Capital Mobility: The Role of the Exchange Rate Regime »

Source: Policy Responses to Aid Surges in Countries with Limited International Capital Mobility : The Role of the Exchange Rate Regime

Volume/Issue: 2014/18

Series: IMF Working Papers

Author(s): Andrew Berg , Rafael Portillo , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 January 2014

ISBN: 9781484397008

Keywords: Reserve Accumulation Policies, Sterilization Policies, Transfer Problem, exchange rate, exchange rate regime, fixed exchange rate, fixed exchange rate regime, flexible exchange rate, General, Monetary Policy (Targets

We study the role of the exchange rate regime, reserve accumulation, and sterilization policies in the macroeconomics of aid surges. Absent sterilization, a peg allows for almost full aid absorption - an increase i...

The Short-Run Macroeconomics of Aid Inflows
			: Understanding the Interaction of Fiscal and Reserve Policy

The Short-Run Macroeconomics of Aid Inflows : Understanding the Interaction of Fiscal and Reserve Policy »

Volume/Issue: 2010/65

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , Andrew Berg , Tokhir Mirzoev , and Rafael Portillo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

DOI: http://dx.doi.org/10.5089/9781451982091.001

ISBN: 9781451982091

Keywords: transfer problem, real exchange rate, inflation, central bank, real wages, real interest rates, Open Economy Macroeconomics,

We develop a tractable open-economy new-Keynesian model with two sectors to analyze the short-term effects of aid-financed fiscal expansions. We distinguish between spending the aid, which is under the control of t...

Educational Choices and Educational Constraints
			: Evidence From Bolivia

Educational Choices and Educational Constraints : Evidence From Bolivia »

Volume/Issue: 2000/42

Series: IMF Working Papers

Author(s): Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2000

DOI: http://dx.doi.org/10.5089/9781451846201.001

ISBN: 9781451846201

Keywords: cash transfers, education spending, hazard model, probability, schooling, educational achievement, educational attainment, problems

Recent efforts at poverty alleviation emphasize increasing government spending on education. However, even if spending were perfectly targeted, it is not evident that spending by itself will lead to higher educatio...

The Dynamic Implications of Foreign Aid and Its Variability

The Dynamic Implications of Foreign Aid and Its Variability »

Volume/Issue: 2005/119

Series: IMF Working Papers

Author(s): Timothy Lane , Leslie Lipschitz , Cristina Arellano , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

DOI: http://dx.doi.org/10.5089/9781451861389.001

ISBN: 9781451861389

Keywords: Real business cycle, general equilibrium, aid, transfer problem, tradable goods, nontradable goods, standard deviation, elasticity of substitution, terms of trade, Computable General Equilibrium Models

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A permanent flow of aid...

The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios

The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios »

Volume/Issue: 2010/160

Series: IMF Working Papers

Author(s): Rafael Portillo , Andrew Berg , Jan Gottschalk , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

DOI: http://dx.doi.org/10.5089/9781455201433.001

ISBN: 9781455201433

Keywords: Real Exchange Rate, Transfer problem, exchange rate, exchange rate regime, private investment, One, Two, and Multisector Growth Models,

We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess the implications of different policy responses. The model features key structural characteristics of low-income countries, i...