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Nordic civic society organisations and the future of welfare services
			: A model for Europe?

Nordic civic society organisations and the future of welfare services : A model for Europe? »

Series: Nordic Council of Ministers

Author(s): Aila-Leena Matthies

Publisher: Nordic Council of Ministers

Publication Date: 01 June 2006

ISBN: 9789289312899

Keywords: Nordic, Norden, Baltic, Baltics, National Welfare, Civic Society, Existing Research, Nordic Analysis, European Researchers, European Context

When well functioning national welfare states are put under pressure, also the tasks of civic society and citizens' mutual responsibility are being re-defined. Hence, the significance of the civic society organisat...

A New Tool for Distributional Incidence Analysis

A New Tool for Distributional Incidence Analysis »

Source: A New Tool for Distributional Incidence Analysis : An Application to Fuel Subsidy Reform

Volume: 16

Series: Technical Notes and Manuals

Author(s): Stefania Fabrizio , Alexei Goumilevski , and Kangni Kpodar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2016

ISBN: 9781475546743

Keywords: Fuel subsidies; welfare impact; incidence analysis; income distribution; input-output analysis, General, Input-Output Analysis, General

Increased focus on income inequality and distributional issues has made incidence analysis a crucial input into policy decisions. This note presents the theoretical framework used to conduct incidence analysis of f...

Statistical Inference as a Bargaining Game

Statistical Inference as a Bargaining Game »

Source: Statistical Inference as a Bargaining Game

Volume/Issue: 2002/81

Series: IMF Working Papers

Author(s): Eduardo Ley

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2002

ISBN: 9781451850376

Keywords: Social Welfare Function, Social Information Function, Contract Curve, Nash bargaining solution, Bayesian Inference, Posterior Mode, bargaining, welfare function, social welfare, statistics

This paper extends the analogy, previously established by Learner (1978a), between a Bayesian inference problem and an economics allocation problem to show that posterior modes can be interpreted as optimal outcome...

Monetary and Macroprudential Policies to Manage Capital Flows

Monetary and Macroprudential Policies to Manage Capital Flows »

Source: Monetary and Macroprudential Policies to Manage Capital Flows

Volume/Issue: 2014/30

Series: IMF Working Papers

Author(s): Juan Pablo Medina Guzman , and Jorge Roldos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2014

ISBN: 9781484302873

Keywords: Welfare Analysis, inflation, reserve requirement, inflation targeting, Financial Markets and the Macroeconomy, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics, Welfare Analysis.,

We study interactions between monetary and macroprudential policies in a model with nominal and financial frictions. The latter derive from a financial sector that provides credit and liquidity services that lead t...

Welfare Effects of Uzbekistan's Foreign Exchange Regime

Welfare Effects of Uzbekistan's Foreign Exchange Regime »

Source: Welfare Effects of Uzbekistan's Foreign Exchange Regime

Volume/Issue: 2000/61

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451848168

Keywords: Welfare Analysis, Quasi-Fiscal Operations, exchange rates, exchange rate, foreign trade, multiple exchange rate

In addition to transferring about 16 percent of GDP from exporters to importers, Uzbekistan’s quasi-fiscal multiple exchange rate regime generates identifiable welfare losses of 2-8 percent of GDP on import...

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy*

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy* »

Source: Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy

Volume/Issue: 2008/204

Series: IMF Working Papers

Author(s): Stephen Turnovsky , Serpil Tekin , and Valerie Cerra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451870626

Keywords: real exchange rate, welfare analysis, exchange rate, capital stock, capital markets, capital intensity,

A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun...

Simple, Implementable Fiscal Policy Rules

Simple, Implementable Fiscal Policy Rules »

Source: Simple, Implementable Fiscal Policy Rules

Volume/Issue: 2009/76

Series: IMF Working Papers

Author(s): Michael Kumhof , and Douglas Laxton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872231

Keywords: Fiscal policy rules, balanced budget rules, countercyclical fiscal policy, welfare analysis, tax revenue, fiscal instruments, inflation,

This paper analyzes the scope for systematic rules-based fiscal activism in open economies. Relative to a balanced budget rule, automatic stabilizers significantly improve welfare. But they minimize fiscal instrume...

Distributional Effects of Oil Price Changeson Household Expenditures

Distributional Effects of Oil Price Changeson Household Expenditures »

Source: Distributional Effects of Oil Price Changeson Household Expenditures : Evidence From Mali

Volume/Issue: 2006/91

Series: IMF Working Papers

Author(s): Kangni Kpodar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863512

Keywords: input-output analysis, household welfare, oil products, international oil prices, oil consumption, General Equilibrium and Disequilibrium: Input-Output Tables and Analysis, And Revenue, household Analysis,

Using an input-output approach, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali. The results show that, although rising gasoline and diesel prices affect mainly...

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa »

Source: The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

Volume/Issue: 2005/47

Series: IMF Working Papers

Author(s): Paulo Lopes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860665

Keywords: inequality, social expenditure, HIV/AIDS, life expectancy, infant mortality, hiv, General Welfare, Measurement and Analysis of Poverty,

Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable income distribution statistics, but should also take into account social conditions. Recent, w...

Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints

Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints »

Source: Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints

Volume/Issue: 2009/286

Series: IMF Working Papers

Author(s): Michael Kumhof , and Huixin Bi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2009

ISBN: 9781451874310

Keywords: Optimal simple rules, monetary policy rules, fiscal policy rules, welfare analysis, borrowing constraints, tax revenue, inflation, government spending,

We study the welfare properties of an economy where both monetary and fiscal policy follow simple rules, and where a subset of agents is borrowing constrained. The optimized fiscal rule is far more aggressive than...