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Fiscal Consolidation and Public Wages

Fiscal Consolidation and Public Wages »

Source: Fiscal Consolidation and Public Wages

Volume/Issue: 2019/125

Series: IMF Working Papers

Author(s): Juin-Jen Chang , Hsieh-Yu Lin , Nora Traum , and Shu-Chun Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498316835

Keywords: Public sector wages, Real interest rates, Income tax revenue, Wage policy, Consumption taxes, public wage, fiscal consolidation, government spending, fiscal policy, New Keynesian model

A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the t...

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth »

Source: Fiscal Policy and Long-Term Growth

Volume/Issue: 2015/023

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2015

ISBN: 9781498344654

Keywords: Developed countries, Economic growth, Economic models, Emerging markets, Fiscal policy, Fiscal reforms, Low-income developing countries, Public debt, Time series, Economic reforms

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The pa...

Fiscal Policy and Long-Term Growth – Case Studies

Fiscal Policy and Long-Term Growth – Case Studies »

Source: Fiscal Policy and Long-Term Growth

Volume/Issue: 2015/023

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2015

ISBN: 9781498344654

Keywords: Developed countries, Economic growth, Economic models, Emerging markets, Fiscal policy, Fiscal reforms, Low-income developing countries, Public debt, Time series, Economic reforms

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The pa...

From Stimulus to Consolidation - Revenue and Expenditure Policies in Advanced and Emerging Economies

From Stimulus to Consolidation - Revenue and Expenditure Policies in Advanced and Emerging Economies »

Source: From Stimulus to Consolidation - Revenue and Expenditure Policies in Advanced and Emerging Economies

Volume/Issue: 2010/044

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 June 2010

ISBN: 9781498337359

Keywords: Cross country analysis, Developed countries, Emerging markets, Fiscal consolidation, Fiscal policy, Fiscal reforms, Government expenditures, Revenue measures, Revenues, Tax reforms

This review marks the 10th anniversary of the safeguards policy. Introduced in March 2000, the policy's main objective is to mitigate potential risks of misuse of resources, including Fund resources, and misreporti...

Guidance Note on Jobs and Growth Issues in Surveillance and Program Work

Guidance Note on Jobs and Growth Issues in Surveillance and Program Work »

Source: Guidance Note on Jobs and Growth Issues in Surveillance and Program Work

Volume/Issue: 2013/078

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2013

ISBN: 9781498341301

Keywords: Developed countries, Developing countries, Economic growth, Employment, Fiscal policy, Fiscal reforms, Labor market policy, Surveillance, Economic conditions, Economic policy

This note provides operational guidance to staff on Jobs and Growth issues in surveillance and program work, building on the Board paper 'Jobs and Growth: Analytical and Operational Considerations for the Fund' (he...

The Human Cost of Recessions

The Human Cost of Recessions »

Source: The Human Cost of Recessions : Assessing It, Reducing It

Volume/Issue: 2010/17

Series: IMF Staff Position Notes

Author(s): Mai Dao , and Prakash Loungani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2010

ISBN: 9781462308163

Keywords: Developed countries, Cross country analysis, Economic recession, Emerging markets, Fiscal consolidation, Recessions, Human capital, Fiscal policy, Monetary policy, Labor markets

Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007-09. We assess the human cost of increased un...

Managing Director's Consolidated Multilateral Surveillance Report to the International Monetary and Financial Committee

Managing Director's Consolidated Multilateral Surveillance Report to the International Monetary and Financial Committee »

Volume/Issue: 2012/031

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2012

DOI: http://dx.doi.org/10.5089/9781498340601.007

ISBN: 9781498340601

Keywords: Developed countries, Developing countries, Economic growth, Emerging markets, Fiscal policy, International Monetary and Financial Committee, Managing Director reports, Monetary policy, Multilateral surveillance, Financial crises

After suffering a major setback, global prospects are gradually strengthening again. Improved activity in the United States and better policies in the euro area in response to the deepening economic crisis there ha...

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth »

Volume/Issue: 2015/023

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2015

DOI: http://dx.doi.org/10.5089/9781498344654.007

ISBN: 9781498344654

Keywords: Developed countries, Economic growth, Economic models, Emerging markets, Fiscal policy, Fiscal reforms, Low-income developing countries, Public debt, Time series, Economic reforms

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The pa...

From Stimulus to Consolidation - Revenue and Expenditure Policies in Advanced and Emerging Economies

From Stimulus to Consolidation - Revenue and Expenditure Policies in Advanced and Emerging Economies »

Volume/Issue: 2010/044

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 June 2010

DOI: http://dx.doi.org/10.5089/9781498337359.007

ISBN: 9781498337359

Keywords: Cross country analysis, Developed countries, Emerging markets, Fiscal consolidation, Fiscal policy, Fiscal reforms, Government expenditures, Revenue measures, Revenues, Tax reforms

This review marks the 10th anniversary of the safeguards policy. Introduced in March 2000, the policy's main objective is to mitigate potential risks of misuse of resources, including Fund resources, and misreporti...

Guidance Note on Jobs and Growth Issues in Surveillance and Program Work

Guidance Note on Jobs and Growth Issues in Surveillance and Program Work »

Volume/Issue: 2013/078

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2013

DOI: http://dx.doi.org/10.5089/9781498341301.007

ISBN: 9781498341301

Keywords: Developed countries, Developing countries, Economic growth, Employment, Fiscal policy, Fiscal reforms, Labor market policy, Surveillance, Economic conditions, Economic policy

This note provides operational guidance to staff on Jobs and Growth issues in surveillance and program work, building on the Board paper 'Jobs and Growth: Analytical and Operational Considerations for the Fund' (he...