Search Results

You are looking at 1 - 10 of 58 items

  • Keyword: heterogeneity x
Clear All Modify Search
Heterogeneity and Persistence in Returns to Wealth

Heterogeneity and Persistence in Returns to Wealth »

Source: Heterogeneity and Persistence in Returns to Wealth

Volume/Issue: 2018/171

Series: IMF Working Papers

Author(s): Andreas Fagereng , Luigi Guiso , Davide Malacrino , and Luigi Pistaferri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2018

ISBN: 9781484370063

Keywords: Wealth inequality, returns to wealth, net worth, heterogeneity, intergenerational mobility

We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway's administrative tax records. We document a number of novel results. First, durin...

The Intragenerational Redistributive Effects of Unfunded Pension Programs

The Intragenerational Redistributive Effects of Unfunded Pension Programs »

Source: The Intragenerational Redistributive Effects of Unfunded Pension Programs

Volume/Issue: 1998/180

Series: IMF Working Papers

Author(s): Luis Cubeddu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

ISBN: 9781451859089

Keywords: demographics, heterogeneity, redistribution, simulation, annuity markets, life expectancy, retirement

This paper provides a quantitative evaluation of the intracohort redistributive elements of the U.S. social security system in the context of a computable general equilibrium model. It determines how the well-being...

Does Inflation Slow Long-Run Growth in India?*

Does Inflation Slow Long-Run Growth in India?* »

Source: Does Inflation Slow Long-Run Growth in India?

Volume/Issue: 2014/222

Series: IMF Working Papers

Author(s): Kamiar Mohaddes , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2014

ISBN: 9781498399982

Keywords: growth, threshold effects, cross-sectional heterogeneity, dependence, inflation rate, economics, money, Models with Panel Data, General, cross-sectional heterogeneity and dependence.,

This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989-2013, a...

Inequality Overhang*

Inequality Overhang* »

Source: Inequality Overhang

Volume/Issue: 2017/76

Series: IMF Working Papers

Author(s): Francesco Grigoli , and Adrian Robles

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 March 2017

ISBN: 9781475589634

Keywords: Income distribution, Income inequality, heterogeneity, Gini, income levels, growth, nonlinearities, General

The linearity of the relationship between income inequality and economic development has been long questioned. While theory provides arguments for which the shape of relationship may be positive for low levels of i...

Emerging Market Heterogeneity

Emerging Market Heterogeneity »

Source: Emerging Market Heterogeneity : Insights from Cluster and Taxonomy Analysis

Volume/Issue: 2015/155

Series: IMF Working Papers

Author(s): Zhongxia Zhang , and Yuan Gao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2015

ISBN: 9781513587622

Keywords: growth, heterogeneity, cluster analysis, taxonomy, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,

This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis...

The Impact of Ethnic Heterogeneityon the Quantity and Quality of Public Spending

The Impact of Ethnic Heterogeneityon the Quantity and Quality of Public Spending »

Source: The Impact of Ethnic Heterogeneityon the Quantity and Quality of Public Spending

Volume/Issue: 2000/49

Series: IMF Working Papers

Author(s): Louis Kuijs

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451846836

Keywords: government spending, public goods, ethnic heterogeneity, schooling, public spending, public health, infant mortality, education spending

The paper investigates empirically the impact of ethnic heterogeneity on the amount of public spending on health and education and the quality, or “technical efficiency” of spending. While it finds pa...

Firm Heterogeneity and Weak Intellectual Property Rights

Firm Heterogeneity and Weak Intellectual Property Rights »

Source: Firm Heterogeneity and Weak Intellectual Property Rights

Volume/Issue: 2007/161

Series: IMF Working Papers

Author(s): Stanley Watt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867251

Keywords: Firm Heterogeneity, Intellectual Property Rights, r &;amp; d, standard errors, equation, outlier, probability,

In weak intellectual property rights (IPR) environments, the imitation of proprietary technology by domestic firms has become a deterrent for foreign investment. Different multinationals may view this deterrent dif...

Elasticity Optimism

Elasticity Optimism »

Source: Elasticity Optimism

Volume/Issue: 2009/279

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2009

ISBN: 9781451874242

Keywords: Trade Elasticities, Heterogeneity, Calibration, International Portfolio, elasticity of substitution, equation, measurement error, import prices,

In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under...

Skill Heterogeneity and Aggregation Bias Over the Business Cycle

Skill Heterogeneity and Aggregation Bias Over the Business Cycle »

Source: Skill Heterogeneity and Aggregation Bias Over the Business Cycle

Volume/Issue: 1995/122

Series: IMF Working Papers

Author(s): Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1995

ISBN: 9781451854435

Keywords: wage, standard deviation, correlation, wages, worker, Skill Heterogeneity and Aggregation Bias over the Business Cycle,

This paper extends the equilibrium business cycle framework to incorporate ex ante skill heterogeneity among workers. Consistent with the empirical evidence, skilled and unskilled workers in the model face the same...

Inequality and Growth

Inequality and Growth »

Source: Inequality and Growth : A Heterogeneous Approach

Volume/Issue: 2016/244

Series: IMF Working Papers

Author(s): Francesco Grigoli , Evelio Paredes , and Gabriel Di Bella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2016

ISBN: 9781475560527

Keywords: Economic growth, Econometric models, Income distribution, Structural vector autoregression, Income inequality, Panel analysis, Heterogeneity, Gini, income levels, growth

The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even distribution of income can spur economic activity. This paper tests for cross-country convergence...