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Effects of Fiscal Consolidation in the Czech Republic

Effects of Fiscal Consolidation in the Czech Republic »

Source: Effects of Fiscal Consolidation in the Czech Republic

Volume/Issue: 2011/65

Series: IMF Working Papers

Author(s): Stephen Snudden , and Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455228058

Keywords: fiscal multipliers, general equilibrium models., fiscal rule, aggregate demand, labor income, consumption tax, National Budget, Deficit, and Debt: General,

This paper uses the IMF's Global Integrated Monetary and Fiscal Model (GIMF) to assess the impact of fiscal consolidation on the Czech economy. Its contribution is threefold. First, it provides estimates of dynamic...

How Strong are Fiscal Multipliers in the GCC?

How Strong are Fiscal Multipliers in the GCC? »

Source: How Strong are Fiscal Multipliers in the GCC?

Volume/Issue: 2011/61

Series: IMF Working Papers

Author(s): Raphael Espinoza , and Abdelhak Senhadji

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455221059

Keywords: Gulf Cooperation Council, expenditure, capital expenditure, government expenditure, fiscal multipliers, Fiscal Policies and Behavior of Economic Agents: General,

The effectiveness of fiscal policy in smoothing the impact of shocks depends critically on the size of fiscal multipliers. This is particularly relevant for the GCC countries given the need for fiscal policy to cus...

Successful Austerity in the United States, Europe and Japan1

Successful Austerity in the United States, Europe and Japan1 »

Source: Successful Austerity in the United States, Europe and Japan

Volume/Issue: 2012/190

Series: IMF Working Papers

Author(s): Giovanni Callegari , Giovanni Melina , and Nicoletta Batini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505382

Keywords: fiscal multipliers, growth-friendly fiscal policy, government spending, fiscal shocks, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General,

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus me...

Fiscal Multipliers

Fiscal Multipliers »

Source: Fiscal Multipliers

Volume/Issue: 2009/11

Series: IMF Staff Position Notes

Author(s): Antonio Spilimbergo , Martin Schindler , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2009

ISBN: 9781462372737

Keywords: Cross country analysis, Capital markets, Consumption, Budget deficits, Fiscal sustainability, Fiscal policy, Government expenditures, Interest rates, Private savings, Taxes

...

The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland

The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland »

Source: The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland

Volume/Issue: 2011/266

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , Olivier Basdevant , Susan Yang , Genevieve Verdier , Joannes Mongardini , Borislava Mircheva , and Dalmacio Benicio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463924652

Keywords: fiscal multipliers, SACU transfers, fiscal consolidation, consumption tax, government spending, fiscal consolidations, consumption tax rate, Computational Techniques, National Budget, Deficit

Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential furt...

Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries*

Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries* »

Source: Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries

Volume/Issue: 2014/49

Series: IMF Working Papers

Author(s): Huixin Bi , Wenyi Shen , and Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 March 2014

ISBN: 9781475521665

Keywords: fiscal limits, sovereign default risk, state-dependent fiscal multiplier, government spending, tax rates, External Debt, and Fiscal Policy in Developing Countries, General,

This paper studies fiscal policy effects in developing countries with external debt and sovereign default risks. State-dependent distributions of fiscal limits are simulated based on macroeconomic uncertainty and f...

Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement1

Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement1 »

Source: Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement

Volume/Issue: 2016/60

Series: IMF Working Papers

Author(s): Shafik Hebous , and Tom Zimmermann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2016

ISBN: 9781513578729

Keywords: Federal Procurement, Financing Constraints, Spending Multipliers, government spending, contracts, capital investment, fiscal policy, General, Other, All Countries,

We study the effects of federal purchases on firms' investment using a novel panel dataset that combines federal procurement contracts in the United States with key financial firm-level information. We find that 1...

Morocco: Selected Issues

Morocco: Selected Issues »

Source: Morocco

Volume/Issue: 2016/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2016

ISBN: 9781484393215

Keywords: government consumption, exchange rate, multipliers, Selected Issues Papers, Morocco, Education, Economic models, Government expenditures, Fiscal policy, Consumption

This paper discusses two selected issues related to the economy of Morocco: fiscal multipliers and efficiency of public spending on education in Morocco. Because of the several exogenous shocks to the economic cond...

Morocco: Selected Issues

Morocco: Selected Issues »

Source: Morocco

Volume/Issue: 2016/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2016

ISBN: 9781484393215

Keywords: government consumption, exchange rate, multipliers, Selected Issues Papers, Morocco, Education, Economic models, Government expenditures, Fiscal policy, Consumption

This paper discusses two selected issues related to the economy of Morocco: fiscal multipliers and efficiency of public spending on education in Morocco. Because of the several exogenous shocks to the economic cond...

Fiscal Multipliers in Bulgaria

Fiscal Multipliers in Bulgaria »

Source: Fiscal Multipliers in Bulgaria : Low But Still Relevant

Volume/Issue: 2013/49

Series: IMF Working Papers

Author(s): Dirk Muir , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 February 2013

ISBN: 9781475560473

Keywords: business cycle, nonlinear analysis, fiscal multipliers, fiscal instruments, tax base, Quantitative Policy Modeling, Computable and Other Applied General Equilibrium Models, Forecasting and Simulation, Forecasting and Simulation, General,

With fiscal adjustment proceeding quickly in Bulgaria and given the weak economic growth environment, there is keen interest in making the budget composition more growth friendly. This paper quantifies the short-te...