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Is There a Debt-threshold Effect on Output Growth?

Is There a Debt-threshold Effect on Output Growth? »

Volume/Issue: 2015/197

Series: IMF Working Papers

Author(s): Alexander Chudik , Kamiar Mohaddes , M. Pesaran , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2015

DOI: http://dx.doi.org/10.5089/9781513513355.001

ISBN: 9781513513355

Keywords: Panel tests of threshold effects, long-run relationships, estimation and inference, large dynamic heterogeneous panels, cross-section dependence, and inflation, variables, gdp, cd, inflation

This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and e...

The Informal Economy in Sub-Saharan Africa
			: Size and Determinants

The Informal Economy in Sub-Saharan Africa : Size and Determinants »

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

DOI: http://dx.doi.org/10.5089/9781484305942.001

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

The Welfare Implications of Services Liberalization in a Developing Country
			: Evidence from Tunisia

The Welfare Implications of Services Liberalization in a Developing Country : Evidence from Tunisia »

Volume/Issue: 2013/110

Series: IMF Working Papers

Author(s): Nizar Jouini , and Nooman Rebei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2013

DOI: http://dx.doi.org/10.5089/9781484367735.001

ISBN: 9781484367735

Keywords: Liberalization, trade in services and goods, general equilibrium, Bayesian estimation, welfare analysis, trade barriers, elasticity of substitution, imported goods, open economy, General

We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The majo...

The Informal Economy in Sub-Saharan Africa

The Informal Economy in Sub-Saharan Africa »

Source: The Informal Economy in Sub-Saharan Africa : Size and Determinants

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

Is There a Debt-threshold Effect on Output Growth?1

Is There a Debt-threshold Effect on Output Growth?1 »

Source: Is There a Debt-threshold Effect on Output Growth?

Volume/Issue: 2015/197

Series: IMF Working Papers

Author(s): Alexander Chudik , Kamiar Mohaddes , M. Pesaran , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2015

ISBN: 9781513513355

Keywords: Panel tests of threshold effects, long-run relationships, estimation and inference, large dynamic heterogeneous panels, cross-section dependence, and inflation, variables, gdp, cd, inflation

This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and e...

The Welfare Implications of Services Liberalization in a Developing Country

The Welfare Implications of Services Liberalization in a Developing Country »

Source: The Welfare Implications of Services Liberalization in a Developing Country : Evidence from Tunisia

Volume/Issue: 2013/110

Series: IMF Working Papers

Author(s): Nizar Jouini , and Nooman Rebei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2013

ISBN: 9781484367735

Keywords: Liberalization, trade in services and goods, general equilibrium, Bayesian estimation, welfare analysis, trade barriers, elasticity of substitution, imported goods, open economy, General

We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The majo...