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World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

Multimod Mark III
			: The Core Dynamic and Steady State Model

Multimod Mark III : The Core Dynamic and Steady State Model »

Series: Occasional Papers

Author(s): Hamid Faruqee , Douglas Laxton , Bart Turtelboom , Peter Isard , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 May 1998

DOI: http://dx.doi.org/10.5089/9781557757227.084

ISBN: 9781557757227

Keywords: unemployment, inflation, labor income, unemployment rate, real interest rate

This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a cor...

Australia

Australia »

Source: Australia : Selected Issues

Volume/Issue: 2008/311

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2008

ISBN: 9781451802184

Keywords: commodity, income taxes, taxes, labor income

This Selected Issues paper on Australia highlights the IMF's new Global Integrated Monetary and Fiscal Model (GIMF), which is used to examine the macroeconomic implications of alternative fiscal responses to higher...

Australia: Selected Issues

Australia: Selected Issues »

Source: Australia : Selected Issues

Volume/Issue: 2008/311

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2008

ISBN: 9781451802184

Keywords: commodity, income taxes, taxes, labor income

This Selected Issues paper on Australia highlights the IMF's new Global Integrated Monetary and Fiscal Model (GIMF), which is used to examine the macroeconomic implications of alternative fiscal responses to higher...

Apartheid, Growth and Income Distribution in South Africa

Apartheid, Growth and Income Distribution in South Africa »

Source: Apartheid, Growth and Income Distribution in South Africa : Past History and Future Prospects

Volume/Issue: 1991/116

Series: IMF Working Papers

Author(s): Robert Corker , and Tamim Bayoumi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1991

ISBN: 9781451853902

Keywords: employment, wages, wage, labor income

Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key characteristics of the evolution of the apartheid system, are presented. These imply that the...

Macroeconomic Consequences of Remittances

Macroeconomic Consequences of Remittances »

Series: Occasional Papers

Author(s): Connel Fullenkamp , Thomas Cosimano , Michael Gapen , Ralph Chami , Peter Montiel , and Adolfo Barajas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2008

DOI: http://dx.doi.org/10.5089/9781589067011.084

ISBN: 9781589067011

Keywords: Debt sustainability, Capital inflows, Economic models, Economic growth, Real effective exchange rates, Income, Migration, Labor markets, Workers remittances, remittances

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses...

Kingdom of the Netherlands

Kingdom of the Netherlands »

Source: Kingdom of the Netherlands : Netherlands: Selected Issues-The Labor Income Tax Credit in an International Perspective

Volume/Issue: 2001/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2001

ISBN: 9781451829471

Keywords: tax credit, tax rate, labor income, tax rates, labor force

Compared with its U.S. and U.K. counterparts, the Labor Tax Credit (LTC) is likely to have more limited effects on incentives for primary-earners to enter the labor force, because of the smaller size of the credit....

Why Are Japanese Wages So Sluggish?

Why Are Japanese Wages So Sluggish? »

Source: Why Are Japanese Wages So Sluggish?

Volume/Issue: 2009/97

Series: IMF Working Papers

Author(s): Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2009

ISBN: 9781451872446

Keywords: labor share, dualities, wage, labor income, part-time employment,

Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries. This paper suggests that Japan's dualities between regular and "nonregular" labor market contract...

Income Distribution and Macroeconomic Performance in the United States

Income Distribution and Macroeconomic Performance in the United States »

Source: Income Distribution and Macroeconomic Performance in the United States

Volume/Issue: 1996/97

Series: IMF Working Papers

Author(s): Jeffrey Cole , and Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1996

ISBN: 9781451851977

Keywords: unemployment rate, household income, distribution of income, skilled labor

The factors underlying the rise in U.S. income inequality since the mid-1970s are examined. The results suggest that the trend increase in income inequality has not been related to macroeconomic developments, such...

Generational Accounts, Aggregate Savings, and Intergenerational Distribution

Generational Accounts, Aggregate Savings, and Intergenerational Distribution »

Source: Generational Accounts, Aggregate Savings, and Intergenerational Distribution

Volume/Issue: 1996/76

Series: IMF Working Papers

Author(s): Willem Buiter

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1996

ISBN: 9781451849820

Keywords: tax rate, general equilibrium, capital income, labor income, liquidity constraints

Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and on aggregate saving? First, the usefulness of generational accounts lives or dies with the...

The Relative Impact of Income and Consumption Taxes

The Relative Impact of Income and Consumption Taxes »

Source: The Relative Impact of Income and Consumption Taxes

Volume/Issue: 1988/24

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 1988

ISBN: 9781451920888

Keywords: consumption tax, income effect, consumption taxes, consumption vector, labor income

This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social sa...