Browse

You are looking at 1 - 10 of 12 items :

  • United States x
  • Business and Economy x
  • Occasional Papers x
  • Western Hemisphere x
  • Government and Business x
Clear All
Economic and Legal Considerations of Optimal Privatization

Economic and Legal Considerations of Optimal Privatization »

Source: Economic and Legal Considerations of Optimal Privatization : Case Studies of Mortgage Firms (DePfa Group and Fannie Mae)

Volume/Issue: 1999/69

Series: IMF Working Papers

Author(s): John Garrett , Hans-Joachim Beyer , and Claudia Dziobek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

ISBN: 9781451849042

Keywords: Privatization, financial regulation, state banks, Fannie Mae, DePfa, mortgage, mortgage banks, private mortgage, mortgages

Successful privatization must be accompanied by the complete removal of privileges and any public policy mission. Bank behavior changes rapidly as profit maximation replaces the bureaucratic objective function. Onc...

Economic and Legal Considerations of Optimal Privatization
			: Case Studies of Mortgage Firms (DePfa Group and Fannie Mae)

Economic and Legal Considerations of Optimal Privatization : Case Studies of Mortgage Firms (DePfa Group and Fannie Mae) »

Volume/Issue: 1999/69

Series: IMF Working Papers

Author(s): John Garrett , Hans-Joachim Beyer , and Claudia Dziobek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

DOI: http://dx.doi.org/10.5089/9781451849042.001

ISBN: 9781451849042

Keywords: Privatization, financial regulation, state banks, Fannie Mae, DePfa, mortgage, mortgage banks, private mortgage, mortgages

Successful privatization must be accompanied by the complete removal of privileges and any public policy mission. Bank behavior changes rapidly as profit maximation replaces the bureaucratic objective function. Onc...

Investing U.S. Social Security Trust Fund Assets in Private Securities

Investing U.S. Social Security Trust Fund Assets in Private Securities »

Volume/Issue: 1997/112

Series: IMF Working Papers

Author(s): Michael Leidy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

DOI: http://dx.doi.org/10.5089/9781451853568.001

ISBN: 9781451853568

Keywords: social insurance, social security benefits, social security system, social security taxes, social security tax

This paper examines the macroeconomic and distributional consequences of a policy change, other things being equal, that would allow U.S. Social Security trust fund assets to be invested in private securities. Impr...

Resource Allocation During the Transition to a Market Economy
			: Policy Implications of Supply Bottlenecks and Adjustment Costs

Resource Allocation During the Transition to a Market Economy : Policy Implications of Supply Bottlenecks and Adjustment Costs »

Volume/Issue: 1993/6

Series: IMF Working Papers

Author(s): Peter Isard , and Joshua Aizenman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1993

DOI: http://dx.doi.org/10.5089/9781451842241.001

ISBN: 9781451842241

Keywords: state industrial sector, probability, state sector, state enterprises, equations

The paper discusses the case against a laissez faire approach to resource allocation and develops a model of supply bottlenecks. It argues that: (1) once budget constraints are hardened and credit markets begin to...

Social Security, Demographic Trends, and the Federal Budget

Social Security, Demographic Trends, and the Federal Budget »

Volume/Issue: 1990/14

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1990

DOI: http://dx.doi.org/10.5089/9781451924084.001

ISBN: 9781451924084

Keywords: social security, social security system, aging, social security benefits, dependency

This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds sh...

The Valuation Effects of Geographic Diversification
			: Evidence From U.S. Banks

The Valuation Effects of Geographic Diversification : Evidence From U.S. Banks »

Volume/Issue: 2012/50

Series: IMF Working Papers

Author(s): Luc Laeven , Martin Goetz , and Ross Levine

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2012

DOI: http://dx.doi.org/10.5089/9781463937119.001

ISBN: 9781463937119

Keywords: Geographic Corporate diversification, Agency problems, Economies of scope, Corporate insiders, Corporate valuation, deregulation, bank holding, holding company, bank holding company, Firm Organization and Market Structure

This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dyna...

Toward Defining and Measuring the Fiscal Impact of Public Enterprises

Toward Defining and Measuring the Fiscal Impact of Public Enterprises »

Volume/Issue: 1989/76

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1989

DOI: http://dx.doi.org/10.5089/9781451957006.001

ISBN: 9781451957006

Keywords: public enterprises, public enterprise, private enterprises, public enterprise sector, enterprise sector

In many countries, the activities of public enterprises have an important fiscal impact. While the precise nature of this impact is often obscured, it is important that it be reflected in measures of overall fiscal...

Investing U.S. Social Security Trust Fund Assets in Private Securities

Investing U.S. Social Security Trust Fund Assets in Private Securities »

Source: Investing U.S. Social Security Trust Fund Assets in Private Securities

Volume/Issue: 1997/112

Series: IMF Working Papers

Author(s): Michael Leidy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451853568

Keywords: social insurance, social security benefits, social security system, social security taxes, social security tax

This paper examines the macroeconomic and distributional consequences of a policy change, other things being equal, that would allow U.S. Social Security trust fund assets to be invested in private securities. Impr...

Resource Allocation During the Transition to a Market Economy

Resource Allocation During the Transition to a Market Economy »

Source: Resource Allocation During the Transition to a Market Economy : Policy Implications of Supply Bottlenecks and Adjustment Costs

Volume/Issue: 1993/6

Series: IMF Working Papers

Author(s): Peter Isard , and Joshua Aizenman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1993

ISBN: 9781451842241

Keywords: state industrial sector, probability, state sector, state enterprises, equations

The paper discusses the case against a laissez faire approach to resource allocation and develops a model of supply bottlenecks. It argues that: (1) once budget constraints are hardened and credit markets begin to...

Social Security, Demographic Trends, and the Federal Budget

Social Security, Demographic Trends, and the Federal Budget »

Source: Social Security, Demographic Trends, and the Federal Budget

Volume/Issue: 1990/14

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1990

ISBN: 9781451924084

Keywords: social security, social security system, aging, social security benefits, dependency

This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds sh...