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World Economic Outlook, October 2018

Challenges to Steady Growth

Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and has become less balanced.

World Economic Outlook, October 2018

Challenges to Steady Growth

Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and has become less balanced.

Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs

New
Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs »

Volume/Issue: 2019/60

Series: IMF Working Papers

Author(s): Esther Perez Ruiz , and Mauricio Soto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

DOI: http://dx.doi.org/10.5089/9781484398005.001

ISBN: 9781484398005

Keywords: Sustainable Devleopment Goals, Development, Fiscal Policy.

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a vi...

Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs

New
Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs »

Source: Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs

Volume/Issue: 2019/60

Series: IMF Working Papers

Author(s): Esther Perez Ruiz , and Mauricio Soto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781484398005

Keywords: Sustainable Devleopment Goals, Development, Fiscal Policy.

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a vi...

Designing Interest and Tax Penalty Regimes

New
Designing Interest and Tax Penalty Regimes »

Source: Designing Interest and Tax Penalty Regimes

Volume/Issue: 2019/1

Series: Tax Law Technical Note

Author(s): Christophe Waerzeggers , and Cory Hillier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781498302012

Keywords: Tax revenue, Market interest rates, Tax assessments, Interest rates on loans, Tax evasion, administrative penalty, underpayment, tax authority, late payment, taxpayer

Designing Interest and Tax Penalty Regimes...

The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply

New
The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply »

Volume/Issue: 2019/61

Series: IMF Working Papers

Author(s): Hui He , Lei Ning , and Dongming Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

DOI: http://dx.doi.org/10.5089/9781498302890.001

ISBN: 9781498302890

Keywords: Demographic Change, Pension Reform, Saving, Labor Supply, Life Cycle, Heterogeneous Agent Model

We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over the life cycle when one faces not only idiosyncratic income risks, but also changes in longevi...

The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply

New
The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply »

Source: The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply

Volume/Issue: 2019/61

Series: IMF Working Papers

Author(s): Hui He , Lei Ning , and Dongming Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781498302890

Keywords: Demographic Change, Pension Reform, Saving, Labor Supply, Life Cycle, Heterogeneous Agent Model

We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over the life cycle when one faces not only idiosyncratic income risks, but also changes in longevi...

Liquidity Management under Fixed Exchange Rate with Open Capital Account

New
Liquidity Management under Fixed Exchange Rate with Open Capital Account »

Volume/Issue: 2019/58

Series: IMF Working Papers

Author(s): Mariam El Hamiani Khatat , and Romain Veyrune

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

DOI: http://dx.doi.org/10.5089/9781498302913.001

ISBN: 9781498302913

Keywords: Fixed exchange rate regime, price-specie flow mechanism, uncovered interest rate parity, offset coefficients, monetary operations, autonomous factors, money and foreign exchange markets

This paper introduces a theoretical framework for liquidity management under fixed exchange rate arrangement, derived from the price-specie flow mechanism of David Hume. The framework highlights that the risk of sh...

Liquidity Management under Fixed Exchange Rate with Open Capital Account

New
Liquidity Management under Fixed Exchange Rate with Open Capital Account »

Source: Liquidity Management under Fixed Exchange Rate with Open Capital Account

Volume/Issue: 2019/58

Series: IMF Working Papers

Author(s): Mariam El Hamiani Khatat , and Romain Veyrune

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781498302913

Keywords: Fixed exchange rate regime, price-specie flow mechanism, uncovered interest rate parity, offset coefficients, monetary operations, autonomous factors, money and foreign exchange markets

This paper introduces a theoretical framework for liquidity management under fixed exchange rate arrangement, derived from the price-specie flow mechanism of David Hume. The framework highlights that the risk of sh...

Some Policy Lessons from Country Applications of the DIG and DIGNAR Models

New
Some Policy Lessons from Country Applications of the DIG and DIGNAR Models »

Volume/Issue: 2019/62

Series: IMF Working Papers

Author(s): Daniel Gurara , Giovanni Melina , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

DOI: http://dx.doi.org/10.5089/9781498302883.001

ISBN: 9781498302883

Keywords: Natural resources, Public Investment, Debt Sustainability, Small Open DSGE Models, Developing Countries.

Over the past seven years, the DIG and DIGNAR models have complemented the IMF and World Bank debt sustainability framework (DSF) analysis, over 65 country applications. They have provided useful insights in the co...

Some Policy Lessons from Country Applications of the DIG and DIGNAR Models

New
Some Policy Lessons from Country Applications of the DIG and DIGNAR Models »

Source: Some Policy Lessons from Country Applications of the DIG and DIGNAR Models

Volume/Issue: 2019/62

Series: IMF Working Papers

Author(s): Daniel Gurara , Giovanni Melina , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781498302883

Keywords: Natural resources, Public Investment, Debt Sustainability, Small Open DSGE Models, Developing Countries.

Over the past seven years, the DIG and DIGNAR models have complemented the IMF and World Bank debt sustainability framework (DSF) analysis, over 65 country applications. They have provided useful insights in the co...

Designing Interest and Tax Penalty Regimes

New
Designing Interest and Tax Penalty Regimes »

Volume/Issue: 2019/1

Series: Tax Law Technical Note

Author(s): Christophe Waerzeggers , and Cory Hillier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

DOI: http://dx.doi.org/10.5089/9781498302012.008

ISBN: 9781498302012

Keywords: Tax revenue, Market interest rates, Tax assessments, Interest rates on loans, Tax evasion, administrative penalty, underpayment, tax authority, late payment, taxpayer

Designing Interest and Tax Penalty Regimes...