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Fiscal Consolidations and Growth
			: Does Speed Matter?

Fiscal Consolidations and Growth : Does Speed Matter? »

Volume/Issue: 2013/230

Series: IMF Working Papers

Author(s): Steven Pennings , and Esther Perez Ruiz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2013

DOI: http://dx.doi.org/10.5089/9781475517866.001

ISBN: 9781475517866

Keywords: fiscal multipliers, government expenditure, anticipation effects, government spending, fiscal consolidations, General,

Should fiscal consolidations be front-loaded or proceed at a more steady pace, and how does this affect growth? We make an attempt to address this question using a three-step methodology. First, we modify a standar...

Government Size and Intersectoral Income Fluctuation
			: An International Panel Analysis

Government Size and Intersectoral Income Fluctuation : An International Panel Analysis »

Volume/Issue: 2007/93

Series: IMF Working Papers

Author(s): Daehaeng Kim , and Chul-In Lee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866575.001

ISBN: 9781451866575

Keywords: Economic Uncertainty, Government Size, Openness to Trade, Stabilization, Intersectoral Income Fluctuation, equation, terms of trade, external shocks, open economy, equations

Using the between-sector variation in income as a new measure of economic uncertainty, this paper proposes simple models and supportive empirical evidence for the causal relations between economic uncertainty and g...

Home Sweet Home
			: Government's Role in Reaching the American Dream

Home Sweet Home : Government's Role in Reaching the American Dream »

Volume/Issue: 2011/191

Series: IMF Working Papers

Author(s): Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781462307258.001

ISBN: 9781462307258

Keywords: Housing finance, homeownership, tax expenditures, government guarantees, mortgage, mortgage interest, mortgages, Governmental Loans, Loan Guarantees, Credits

This paper investigates the role of government intervention in achieving the American dream of homeownership. The study analyzes the role of tax deductions in housing finance, including their impact on homeownershi...

How Do Canadian Budget Forecasts Compare with Those of Other Industrial Countries?

How Do Canadian Budget Forecasts Compare with Those of Other Industrial Countries? »

Volume/Issue: 2005/66

Series: IMF Working Papers

Author(s): Martin Mühleisen , Kornelia Krajnyak , Stephan Danninger , David Hauner , and Bennett Sutton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

DOI: http://dx.doi.org/10.5089/9781451860856.001

ISBN: 9781451860856

Keywords: Budget Forecasting, Macroeconomic Projections, tax revenue, government expenditure, fiscal forecasts, fiscal forecasting, budget process, Forecasting and Other Model Applications, Structure, Scope

This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional frameworks, qu...

Human Capital Accumulation and Public Sector Growth

Human Capital Accumulation and Public Sector Growth »

Volume/Issue: 1995/95

Series: IMF Working Papers

Author(s): Vito Tanzi , and Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

DOI: http://dx.doi.org/10.5089/9781451950441.001

ISBN: 9781451950441

Keywords: expenditure, government expenditure, per capita income, per capita income levels, wage expenditure

The present paper takes a fresh theoretical and empirical look into the relationship between Wagner’s law and economic development. It introduces human capital into a classic two-sector model of unbalanced g...

Improving the Efficiency of the U.S. CPI

Improving the Efficiency of the U.S. CPI »

Volume/Issue: 1996/103

Series: IMF Working Papers

Author(s): Paul Armknecht

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1996

DOI: http://dx.doi.org/10.5089/9781451948141.001

ISBN: 9781451948141

Keywords: sampling, expenditures, probability, statistics, expenditure

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...

Measuring the Role of Subnational Governments

Measuring the Role of Subnational Governments »

Volume/Issue: 1991/8

Series: IMF Working Papers

Author(s): Jonathan Levin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

DOI: http://dx.doi.org/10.5089/9781451842456.001

ISBN: 9781451842456

Keywords: expenditures, expenditure, government expenditures, general government expenditures, public finance

To measure subnational governments, only external money flows are counted, excluding intra-level transactions in measuring a level of government and all intergovernmental transactions in measuring general governmen...

Regional Convergence and the Role of Federal Transfers in Canada

Regional Convergence and the Role of Federal Transfers in Canada »

Volume/Issue: 2003/97

Series: IMF Working Papers

Author(s): Phillip Swagel , Steven Dunaway , and Martin Kaufman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

DOI: http://dx.doi.org/10.5089/9781451852042.001

ISBN: 9781451852042

Keywords: regional convergence, federal transfers, ei, employment, unemployment, employment insurance, unemployment rate, Size and Spatial Distributions of Regional Economic Activity, National Government Expenditures and Related Policies: Other,

Differences in per capita output across Canadian provinces have narrowed less than disparities in per capita income in past decades. Using a panel regression framework, this paper studies the differential impact of...

The Dynamic Effects of Commodity Prices on Fiscal Performance in Latin America

The Dynamic Effects of Commodity Prices on Fiscal Performance in Latin America »

Volume/Issue: 2010/192

Series: IMF Working Papers

Author(s): Leandro Medina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

DOI: http://dx.doi.org/10.5089/9781455202263.001

ISBN: 9781455202263

Keywords: procyclicality, fiscal positions, exporting countries, price fluctuations, National Government Expenditures and Related Policies: General,

The recent boom and bust in commodity prices has raised concerns about the impact of volatile commodity prices on Latin American countries' fiscal positions. Using a novel quarterly data set-which includes unique c...

Universal Health Care 101
			: Lessons for the Eastern Caribbean and Beyond

Universal Health Care 101 : Lessons for the Eastern Caribbean and Beyond »

Volume/Issue: 2009/61

Series: IMF Working Papers

Author(s): Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

DOI: http://dx.doi.org/10.5089/9781451872088.001

ISBN: 9781451872088

Keywords: Health economics, government expenditure, health spending, health insurance, health system, health financing,

Despite the increasing interest in universal health care, little is known about the optimal way to finance, design, and implement it. This paper attempts to fill this gap by providing some general policy recommenda...