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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...

Papua New Guinea
			: Selected Issues and Statistical Appendix

Papua New Guinea : Selected Issues and Statistical Appendix »

Volume/Issue: 2008/93

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 March 2008

DOI: http://dx.doi.org/10.5089/9781451831740.002

ISBN: 9781451831740

Keywords: government expenditure, money growth, monetary conditions, government expenditures

This paper analyzes the workings and effectiveness of the monetary transmission mechanism in Papua New Guinea. The paper is organized as follows: it describes the current institutional structure in Papua New Guinea...

Moldova
			: Recent Economic Developments

Moldova : Recent Economic Developments »

Volume/Issue: 1995/73

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 1995

DOI: http://dx.doi.org/10.5089/9781451824902.002

ISBN: 9781451824902

Keywords: expenditures, expenditure, inflation, foreign exchange, foreign currency, Moldova, Republic of,

This paper describes economic developments in the Republic of Moldova during the 1990s. In February 1993, the Executive Board of the IMF approved a purchase of resources equivalent to SDR 13.5 million under the com...

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

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

DOI: http://dx.doi.org/10.5089/9781451842968.001

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...

Is the United States CPI Biased Across Income and Age Groups?

Is the United States CPI Biased Across Income and Age Groups? »

Volume/Issue: 1998/136

Series: IMF Working Papers

Author(s): S. Erbas , and Chera Sayers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1998

DOI: http://dx.doi.org/10.5089/9781451855784.001

ISBN: 9781451855784

Keywords: CPI, COLA, income brackets, age groups, inflation, expenditure components, expenditure classification, expenditure data, expenditure share

The recent Boskin Commission Report (1996) underscores a significant upward bias in CPI measurement in the United States. This may result in excessive cost-of-living adjustment (COLA) of some entitlements in the fe...

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy »

Volume/Issue: 2009/256

Series: IMF Working Papers

Author(s): Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2009

DOI: http://dx.doi.org/10.5089/9781451874020.001

ISBN: 9781451874020

Keywords: financial accelerator, GIMF, inflation, monetary base, price inflation, monetary transmission, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation, National Government Expenditures and Related Policies: General,

This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in...

The Plutocratic Bias in the CPI
			: Evidence from Spain

The Plutocratic Bias in the CPI : Evidence from Spain »

Volume/Issue: 2000/167

Series: IMF Working Papers

Author(s): Javier Ruiz Castillo , Eduardo Ley , and Mario Izquierdo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

DOI: http://dx.doi.org/10.5089/9781451858174.001

ISBN: 9781451858174

Keywords: Consumer price index, cost-of-living index, aggregation, inflation, household expenditures, annual inflation, household-specific price indexes

We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. We estimate that during the...

Monetary Policies for Developing Countries
			: The Role of Corruption

Monetary Policies for Developing Countries : The Role of Corruption »

Volume/Issue: 2003/183

Series: IMF Working Papers

Author(s): Haizhou Huang , and Shang-Jin Wei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451859331.001

ISBN: 9781451859331

Keywords: currency board, conservative central banker, inflation, inflation rate, inflation target, National Government Expenditures and Related Policies: General,

This paper examines the role of corruption in the design of monetary policies for developing countries in a framework of fiscal and monetary interaction and obtains several interesting results. First, pegged exchan...

Is the United States CPI Biased Across Income and Age Groups?

Is the United States CPI Biased Across Income and Age Groups? »

Source: Is the United States CPI Biased Across Income and Age Groups?

Volume/Issue: 1998/136

Series: IMF Working Papers

Author(s): S. Erbas , and Chera Sayers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1998

ISBN: 9781451855784

Keywords: CPI, COLA, income brackets, age groups, inflation, expenditure components, expenditure classification, expenditure data, expenditure share

The recent Boskin Commission Report (1996) underscores a significant upward bias in CPI measurement in the United States. This may result in excessive cost-of-living adjustment (COLA) of some entitlements in the fe...

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy »

Source: Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Volume/Issue: 2009/256

Series: IMF Working Papers

Author(s): Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2009

ISBN: 9781451874020

Keywords: financial accelerator, GIMF, inflation, monetary base, price inflation, monetary transmission, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation, National Government Expenditures and Related Policies: General,

This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in...