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A Requiem for the Fiscal Theory of the Price Level

A Requiem for the Fiscal Theory of the Price Level »

Volume/Issue: 2019/219

Series: IMF Working Papers

Author(s): Roger Farmer , and Pawel Zabczyk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2019

DOI: http://dx.doi.org/10.5089/9781513516196.001

ISBN: 9781513516196

Keywords: Real interest rates, Negative interest rates, Economic theory, Interest rate policy, Interest rate modelling, fiscal policy, monetary policy, fiscal theory of the price level, price level determination, overlapping generations model

The Fiscal Theory of the Price Level (FTPL) is the claim that, in a popular class of theoretical models, the price level is sometimes determined by fiscal policy rather than monetary policy. The models where this c...

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco »

Volume/Issue: 2019/222

Series: IMF Working Papers

Author(s): Babacar Sarr , Mokhtar Benlamine , and Zsuzsa Munkacsi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2019

DOI: http://dx.doi.org/10.5089/9781513513768.001

ISBN: 9781513513768

Keywords: Access to foreign markets, Bankruptcy, Banks, Basket of currency peg, Capital, Capital accumulation, Capital flows, Capital formation, Commodity markets, Commodity prices

This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp)...

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco »

Source: The Macroeconomic Effects of Labor and Product Market Reforms in Morocco

Volume/Issue: 2019/222

Series: IMF Working Papers

Author(s): Babacar Sarr , Mokhtar Benlamine , and Zsuzsa Munkacsi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2019

ISBN: 9781513513768

Keywords: Access to foreign markets, Bankruptcy, Banks, Basket of currency peg, Capital, Capital accumulation, Capital flows, Capital formation, Commodity markets, Commodity prices

This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp)...

A Requiem for the Fiscal Theory of the Price Level*

A Requiem for the Fiscal Theory of the Price Level* »

Source: A Requiem for the Fiscal Theory of the Price Level

Volume/Issue: 2019/219

Series: IMF Working Papers

Author(s): Roger Farmer , and Pawel Zabczyk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2019

ISBN: 9781513516196

Keywords: Real interest rates, Negative interest rates, Economic theory, Interest rate policy, Interest rate modelling, fiscal policy, monetary policy, fiscal theory of the price level, price level determination, overlapping generations model

The Fiscal Theory of the Price Level (FTPL) is the claim that, in a popular class of theoretical models, the price level is sometimes determined by fiscal policy rather than monetary policy. The models where this c...

Manufacturing Jobs and Inequality: Why is the U.S. Experience Different?

Manufacturing Jobs and Inequality: Why is the U.S. Experience Different? »

Volume/Issue: 2019/191

Series: IMF Working Papers

Author(s): Natalija Novta , and Evgenia Pugacheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

DOI: http://dx.doi.org/10.5089/9781498320450.001

ISBN: 9781498320450

Keywords: Agriculture, Capital income, Cross country analysis, Data analysis, Demographic indicators, Disposable income, Economic indicators, Economic sectors, Economies, Education

We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in advanced economies. This contribution is typically small, except in the United States. We explore t...

Manufacturing Jobs and Inequality: Why is the U.S. Experience Different?

Manufacturing Jobs and Inequality: Why is the U.S. Experience Different? »

Source: Manufacturing Jobs and Inequality: Why is the U.S. Experience Different?

Volume/Issue: 2019/191

Series: IMF Working Papers

Author(s): Natalija Novta , and Evgenia Pugacheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781498320450

Keywords: Agriculture, Capital income, Cross country analysis, Data analysis, Demographic indicators, Disposable income, Economic indicators, Economic sectors, Economies, Education

We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in advanced economies. This contribution is typically small, except in the United States. We explore t...

Djibouti

Djibouti »

Source: Djibouti : Technical Assistance Report-Financial Soundness Indicators Mission

Volume/Issue: 2019/234

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

ISBN: 9781498326780

Keywords: Social security funds, Financial statistics, Monetary statistics, Exchange rate markets, Commercial banks, source data, FSI, BSU, CBD, DTs

In response to a request of the Central Bank of Djibouti (CBD), a mission from the International Monetary Fund's (IMF's) Statistics Department (STA) visited Djibouti during March 4-11, 2018, to provide technical as...

Djibouti

Djibouti »

Source: Djibouti : Technical Assistance Report-Financial Soundness Indicators Mission

Volume/Issue: 2019/234

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

Language: French

ISBN: 9781498326797

Keywords: source data, FSI, BSU, CBD, DTs

In response to a request of the Central Bank of Djibouti (CBD), a mission from the International Monetary Fund's (IMF's) Statistics Department (STA) visited Djibouti during March 4-11, 2018, to provide technical as...

Djibouti
			: Technical Assistance Report-Financial Soundness Indicators Mission

Djibouti : Technical Assistance Report-Financial Soundness Indicators Mission »

Volume/Issue: 2019/234

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781498326797.002

ISBN: 9781498326797

Keywords: source data, FSI, BSU, CBD, DTs

In response to a request of the Central Bank of Djibouti (CBD), a mission from the International Monetary Fund's (IMF's) Statistics Department (STA) visited Djibouti during March 4-11, 2018, to provide technical as...

Djibouti
			: Technical Assistance Report-Financial Soundness Indicators Mission

Djibouti : Technical Assistance Report-Financial Soundness Indicators Mission »

Volume/Issue: 2019/234

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

DOI: http://dx.doi.org/10.5089/9781498326780.002

ISBN: 9781498326780

Keywords: Social security funds, Financial statistics, Monetary statistics, Exchange rate markets, Commercial banks, source data, FSI, BSU, CBD, DTs

In response to a request of the Central Bank of Djibouti (CBD), a mission from the International Monetary Fund's (IMF's) Statistics Department (STA) visited Djibouti during March 4-11, 2018, to provide technical as...