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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...

Boom-Bust Phases in Asset Prices and Fiscal Policy Behavior

Boom-Bust Phases in Asset Prices and Fiscal Policy Behavior »

Source: Boom-Bust Phases in Asset Prices and Fiscal Policy Behavior

Volume/Issue: 2004/54

Series: IMF Working Papers

Author(s): Ludger Schuknecht , and Albert Jaeger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

ISBN: 9781451847543

Keywords: Boom-bust cycles, cyclical adjustment, deficit bias, fiscal balances, expenditure, fiscal balance, expenditure growth,

Boom and bust phases in asset prices have become a pervasive feature of macroeconomic developments in many advanced economies. This paper studies fiscal policy during boom-bust phases in asset prices and draws seve...

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies »

Series: Occasional Papers

Author(s): Benedict Clements , David Coady , Frank Eich , Sanjeev Gupta , Alvar Kangur , Baoping Shang , and Mauricio Soto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2016

Language: Chinese

DOI: http://dx.doi.org/10.5089/9787504979971.084

ISBN: 9787504979971

Keywords: Pension reforms, Developed countries, Emerging markets, Pensions, Government expenditures, Cross country analysis, emerging market economies, retirement, pensions, pension spending

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population...

The Driving Force behind the Boom and Bust in Construction in Europe

The Driving Force behind the Boom and Bust in Construction in Europe »

Source: The Driving Force behind the Boom and Bust in Construction in Europe

Volume/Issue: 2013/181

Series: IMF Working Papers

Author(s): Yan Sun , Pritha Mitra , and Alejandro Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2013

ISBN: 9781484392485

Keywords: Construction, Business Cycle, Error-correction, European Growth, expenditure, stock market, capital expenditure, stock market index, Europe: 1913-71,

This paper studies the factors behind pro-cyclical but widely varying construction shares (as a percent of GDP) across countries, with a strong focus on European countries. Using a dataset covering 48 countries (in...

Economic Determinants of Government Subsidies

Economic Determinants of Government Subsidies »

Source: Economic Determinants of Government Subsidies

Volume/Issue: 1998/166

Series: IMF Working Papers

Author(s): Benedict Clements , Hugo Rodríguez , and Gerd Schwartz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

ISBN: 9781451979664

Keywords: government subsidies, government expenditures, subsidies, expenditures, expenditure, subsidy, government expenditure

The paper studies the economic determinants of government subsidies using panel data for 40 countries over 18 years (from 1975 to 1992) and finds that individual country-specific factors play a sizeable role in det...

Fiscal Adjustments

Fiscal Adjustments »

Source: Fiscal Adjustments : Determinants and Macroeconomic Consequences

Volume/Issue: 2007/178

Series: IMF Working Papers

Author(s): Alexander Plekhanov , Manmohan Kumar , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867428

Keywords: non-Ricardian model, expenditure, fiscal consolidations,

The paper analyzes the determinants of success of recent fiscal consolidations in the OECD countries as well as the short-run and long-run effects of fiscal adjustments on economic activity by looking at fourteen c...

Fiscal Decentralization and the Efficiency of Public Service Delivery

Fiscal Decentralization and the Efficiency of Public Service Delivery »

Source: Fiscal Decentralization and the Efficiency of Public Service Delivery

Volume/Issue: 2015/59

Series: IMF Working Papers

Author(s): Moussé Sow , and Ivohasina Razafimahefa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 March 2015

ISBN: 9781484351116

Keywords: Decentralization, efficiency, stochastic frontier analysis, fiscal decentralization, public expenditure, expenditure, Methodological Issues: General, Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation, General, Intergovernmental Relations,

This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact...

Fiscal Policy
			: Issues During the Transition in Russia

Fiscal Policy : Issues During the Transition in Russia »

Series: Occasional Papers

Author(s): Sergei Alexashenko , and Augusto López-Claros

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 1998

DOI: http://dx.doi.org/10.5089/9781557757036.084

ISBN: 9781557757036

Keywords: pension, pensions, subsidies, expenditure, expenditures

Since 1992, the Russian Federation has moved away from a command economy and has laid the foundation of a market-based system. This paper examines some of the key fiscal policy issues that arose in 1992-96, the per...

Back Matter

Back Matter »

Source: Fiscal Policy : Issues During the Transition in Russia

Series: Occasional Papers

Author(s): Sergei Alexashenko , and Augusto López-Claros

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 1998

ISBN: 9781557757036

Keywords: pension, pensions, subsidies, expenditure, expenditures

Since 1992, the Russian Federation has moved away from a command economy and has laid the foundation of a market-based system. This paper examines some of the key fiscal policy issues that arose in 1992-96, the per...

Front Matter

Front Matter »

Source: Fiscal Policy : Issues During the Transition in Russia

Series: Occasional Papers

Author(s): Sergei Alexashenko , and Augusto López-Claros

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 1998

ISBN: 9781557757036

Keywords: pension, pensions, subsidies, expenditure, expenditures

Since 1992, the Russian Federation has moved away from a command economy and has laid the foundation of a market-based system. This paper examines some of the key fiscal policy issues that arose in 1992-96, the per...