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Absorption Boom and Fiscal Stance

Absorption Boom and Fiscal Stance »

Source: Absorption Boom and Fiscal Stance : What Lies Ahead in Eastern Europe?

Volume/Issue: 2010/97

Series: IMF Working Papers

Author(s): Jesmin Rahman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781451982749

Keywords: Pro-cyclicality, cyclically-adjusted fiscal balance, expenditure, capital expenditure, social expenditure, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,

This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom yea...

Accrual Budgeting and Fiscal Policy

Accrual Budgeting and Fiscal Policy »

Source: Accrual Budgeting and Fiscal Policy

Volume/Issue: 2009/84

Series: IMF Working Papers

Author(s): Marc Robinson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872316

Keywords: fiscal stabilization policy, net worth, control totals, net lending, aggregate expenditure, expenditure, capital expenditure,

Can an accrual budgeting system-a system in which budgetary spending authorizations to line ministries are formulated in accrual terms-serve the needs of good fiscal policy? If so, how must such a system be designe...

Afghanistan

Afghanistan »

Source: Afghanistan : Balancing Social and Security Spending in the Context of Shrinking Resource Envelope

Volume/Issue: 2013/133

Series: IMF Working Papers

Author(s): Aqib Aslam , Enrico Berkes , Martin Fukac , Jeta Menkulasi , and Axel Schimmelpfennig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2013

ISBN: 9781484320587

Keywords: development spending, security spending, tax revenues, public finance, government expenditures, government spending, public spending,

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the se...

Aggregate Investment Expenditures on Tradable and Nontradable Goods

Aggregate Investment Expenditures on Tradable and Nontradable Goods »

Source: Aggregate Investment Expenditures on Tradable and Nontradable Goods

Volume/Issue: 2008/45

Series: IMF Working Papers

Author(s): Rudolfs Bems

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451869071

Keywords: tradable and nontradable goods, expenditure, expenditures, investment expenditures, input-output, expenditure share,

This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across countries and regions. Furthermore, the two expenditure shares have remained close to constant...

Aging

Aging »

Source: Aging : Some Pleasant Fiscal Arithmetic

Volume/Issue: 2005/71

Series: IMF Working Papers

Author(s): David Hauner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2005

ISBN: 9781451860900

Keywords: OECD countries, public expenditure, expenditure, expenditure growth, total expenditure, National Government Expenditures and Related Policies,

Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditur...

Aid Scaling Up

Aid Scaling Up »

Source: Aid Scaling Up : Do Wage Bill Ceilings Stand in the Way?

Volume/Issue: 2006/106

Series: IMF Working Papers

Author(s): Annalisa Fedelino , Gerd Schwartz , and Marijn Verhoeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2006

ISBN: 9781451863666

Keywords: IMF conditionality, aid scaling up, MDGs, wage, salaries, civil service, government wages, National Government Expenditures and Welfare Programs, Wages, Compensation

This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are of...

An Analysis of the Optimal Provision of Public Infrastructure

An Analysis of the Optimal Provision of Public Infrastructure »

Source: An Analysis of the Optimal Provision of Public Infrastructure : A Computational Model Using Mexican Data

Volume/Issue: 1996/13

Series: IMF Working Papers

Author(s): Andrew Feltenstein , and Jiming Ha

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1996

ISBN: 9781451842968

Keywords: budget deficit, inflation, foreign borrowing, real interest rate, public expenditure

An intertemporal general equilibrium model is used to examine infrastructure effects on the Mexican national income. Production functions are estimated for the major sectors of the economy in which sectoral output...

An Approach to Long-Term Fiscal Policy Analysis

An Approach to Long-Term Fiscal Policy Analysis »

Source: An Approach to Long-Term Fiscal Policy Analysis

Volume/Issue: 2004/113

Series: IMF Working Papers

Author(s): Papa N'Diaye , and Steven Dunaway

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451853735

Keywords: Population Aging, fiscal adjustment, fiscal pressures, expenditures, fiscal costs, National Government Expenditures and Health,

This paper proposes an approach to setting fiscal policy that factors in the longer-term budgetary pressures that countries face owing, in particular, to population aging and rising health care costs. The approach...

Are All Summary Indicators of the Stance of Fiscal Policy Misleading?

Are All Summary Indicators of the Stance of Fiscal Policy Misleading? »

Source: Are All Summary Indicators of the Stance of Fiscal Policy Misleading?

Volume/Issue: 1988/112

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1988

ISBN: 9781451944501

Keywords: fiscal policy, expenditure, fiscal impulse, expenditures, fiscal stance

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...

Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue »

Source: Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Volume/Issue: 2008/80

Series: IMF Working Papers

Author(s): Olivier Basdevant

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869415

Keywords: permanent income hypothesis, diamond-related fiscal revenue, expenditure, fiscal revenue, government expenditure, fiscal rule, fiscal adjustment,

This study assesses the sustainability of Botswana’s diamond-related fiscal revenue. Diamond reserves are not adequate to generate enough permanent revenue to sustain a high level of expenditure. Under the c...