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Fiscal Multipliers and the State of the Economy

Fiscal Multipliers and the State of the Economy »

Volume/Issue: 2012/286

Series: IMF Working Papers

Author(s): Anja Baum , Marcos Poplawski-Ribeiro , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2012

DOI: http://dx.doi.org/10.5089/9781475565829.001

ISBN: 9781475565829

Keywords: business cycle, nonlinear analysis, fiscal multipliers, fiscal adjustment, government spending, fiscal consolidation, fiscal multipliers., Quantitative Policy Modeling,

Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (...

Equity and Fiscal Policy
			: The Income Distribution Effects of Taxation and Social Spending in Central America

Equity and Fiscal Policy : The Income Distribution Effects of Taxation and Social Spending in Central America »

Volume/Issue: 2010/112

Series: IMF Working Papers

Author(s): Rodrigo Cubero , and Ivanna Hollar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2010

DOI: http://dx.doi.org/10.5089/9781455200719.001

ISBN: 9781455200719

Keywords: incidence, social spending, taxation, gini coefficient, public spending, Taxation and Subsidies: Incidence,

How does fiscal policy fare in improving the underlying income distribution in Central America? We integrate the data from a number of existing tax and public expenditure studies for the countries in the region and...

Fiscal Policy and Economic Development

Fiscal Policy and Economic Development »

Volume/Issue: 2008/155

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Peter Rangazas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

DOI: http://dx.doi.org/10.5089/9781451870138.001

ISBN: 9781451870138

Keywords: structural transformation, size of government, infrastructures, calibrated dynamic general equilibrium models, tax rates, growth rates, economic growth, tax base,

This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and...

Republic of Armenia
			: Poverty Reduction Strategy Paper Progress Report:  Joint Staff Advisory Note

Republic of Armenia : Poverty Reduction Strategy Paper Progress Report: Joint Staff Advisory Note »

Volume/Issue: 2006/320

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 August 2006

DOI: http://dx.doi.org/10.5089/9781451801637.002

ISBN: 9781451801637

Keywords: poverty reduction strategy, reduction strategy, social services, social spending, fiscal framework

This Joint Staff Advisory Note (JSAN) discusses Poverty Reduction Strategy Paper (PRSP) for Armenia, which focuses on the government's commitment to equitable growth and sustained poverty reduction. It reports on t...

Fiscal Dimensions of Sustainable Development

Fiscal Dimensions of Sustainable Development »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2002

DOI: http://dx.doi.org/10.5089/9781589061590.054

ISBN: 9781589061590

Keywords: fiscal policy, public spending, expenditure, sustainable development, public expenditure

Fiscal policy affects sustainable development through its effects on growth, the environment, and resource development. What are the relationships between fiscal policy and sustainable development, and how does the...

Stylized Facts of Government Finance in the G-7

Stylized Facts of Government Finance in the G-7 »

Volume/Issue: 1997/142

Series: IMF Working Papers

Author(s): Riccardo Fiorito

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

DOI: http://dx.doi.org/10.5089/9781451927573.001

ISBN: 9781451927573

Keywords: Stylized Facts, Business Cycle, Government Finance, real gdp, taxation, tax rates, business cycles

The stylized facts of government finance in the Group of Seven (G-7) industrial countries show that revenues lag real GDP procyclically, while government spending in most cases fails to lead the economy procyclical...

World Economic Outlook, May 1997
			: Globalization:  Opportunities and Challenges

World Economic Outlook, May 1997 : Globalization: Opportunities and Challenges »

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1997

DOI: http://dx.doi.org/10.5089/9781557756480.081

ISBN: 9781557756480

Keywords: debt, inflation, interest, payments, transition countries

This paper presents an outlook for the world economy for 1997. The paper highlights that the world economic growth quickened during 1996 following widespread deceleration of activity in 1995. Economic and financial...

Fiscal Reforms That Work

Fiscal Reforms That Work »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

DOI: http://dx.doi.org/10.5089/9781557756244.051

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach -...

Government Spending, Taxes, and Economic Growth

Government Spending, Taxes, and Economic Growth »

Volume/Issue: 1994/92

Series: IMF Working Papers

Author(s): Paul Cashin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1994

DOI: http://dx.doi.org/10.5089/9781451951479.001

ISBN: 9781451951479

Keywords: taxation, economic growth, government spending, public finance

This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in publi...