Search Results

You are looking at 1 - 10 of 22 items :

  • Keyword: Economic reforms x
  • United States x
  • Keywords: Fiscal policy x
Clear All Modify Search
The Russian Flat Tax Reform

The Russian Flat Tax Reform »

Source: The Russian Flat Tax Reform

Volume/Issue: 2005/16

Series: IMF Working Papers

Author(s): Michael Keen , Alexander Klemm , and Anna Ivanova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

ISBN: 9781451860351

Keywords: Tax reform, flat tax, tax payments, tax rates, social taxes, Fiscal Policies and Behavior of Economic Agents: Household,

Russia dramatically reduced its higher rates of personal income tax (PIT) in 2001 establishing a single marginal rate at the low level of 13 percent. In the following year, real revenue from the PIT actually increa...

The Rewards of Fiscal Consolidation: Sovereign Spreads and Confidence Effects§

The Rewards of Fiscal Consolidation: Sovereign Spreads and Confidence Effects§ »

Source: The Rewards of Fiscal Consolidation: Sovereign Spreads and Confidence Effects

Volume/Issue: 2019/141

Series: IMF Working Papers

Author(s): Antonio David , Jaime Guajardo , and Juan Yepez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 July 2019

ISBN: 9781498317054

Keywords: Fiscal consolidation, Fiscal policy, Indicators of economic activity, Tax increases, Tax reforms, Sovereign spreads, emerging markets, austerity., austerity, basis point

This paper investigates the effects of fiscal consolidation announcements on sovereign spreads in a panel of 21 emerging market economies during 2000-18. We construct a novel dataset using a global news database to...

Budget Consolidation

Budget Consolidation »

Source: Budget Consolidation : Short-Term Pain and Long-Term Gain

Volume/Issue: 2010/163

Series: IMF Working Papers

Author(s): Douglas Laxton , Susanna Mursula , Kevin Clinton , and Michael Kumhof

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201464

Keywords: current account imbalances, tax reform, income taxes, consumption taxes, Open Economy Macroeconomics, International Policy Coordination and Transmission, Fiscal Policies and Behavior of Economic Agents: General,

The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global DSGE model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits lead to a co...

Lifting Euro Area Growth

Lifting Euro Area Growth »

Source: Lifting Euro Area Growth : Priorities for Structural Reforms and Governance

Volume/Issue: 2010/19

Series: IMF Staff Position Notes

Author(s): Luc Everaert , and Céline Allard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2010

ISBN: 9781462302109

Keywords: Cross country analysis, Economic growth, Euro Area, Europe, Financial sector, Political economy, Services sector, Labor markets, Labor market reforms, Governance

To live up to its growth potential and secure its inclusive social model, the euro area must make better use of its available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemploym...

Macroeconomic Effects of Social Security and Tax Reform in the United States

Macroeconomic Effects of Social Security and Tax Reform in the United States »

Source: Macroeconomic Effects of Social Security and Tax Reform in the United States

Volume/Issue: 2005/208

Series: IMF Working Papers

Author(s): Tamim Bayoumi , Dennis Botman , and Manmohan Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862270

Keywords: Personal retirement accounts, tax reform, global fiscal model, income taxes, taxation, corporate income taxes, Fiscal Policies and Behavior of Economic Agents: General, Social Security and Public Pensions, Open Economy Macroeconomics,

We use the IMF's Global Fiscal Model to evaluate recent proposals to reform social security and the tax system in the United States. Introducing personal retirement accounts is unlikely to yield significant macroec...

Macroeconomic and Distributional Effects of Personal Income Tax Reforms

Macroeconomic and Distributional Effects of Personal Income Tax Reforms »

Source: Macroeconomic and Distributional Effects of Personal Income Tax Reforms : A Heterogenous Agent Model Approach for the U.S

Volume/Issue: 2017/192

Series: IMF Working Papers

Author(s): Sandra Lizarazo Ruiz , Adrian Peralta-Alva , and Damien Puy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2017

ISBN: 9781484316580

Keywords: Personal income taxes, Tax changes, Tax reforms, United States, Fiscal policy, Western Hemisphere, Income, Income distribution, Economic models, Tax Multipliers

This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U.S. drawing on a multi-sector heterogenous agents model in which consumers have non-homothetic preference...

The Managing Director's Global Policy Agenda

The Managing Director's Global Policy Agenda »

Source: The Managing Director's Global Policy Agenda : Decisive Action, Durable Growth

Volume/Issue: 2016/020

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2016

ISBN: 9781498345842

Keywords: Demand, Developed countries, Economic cooperation, Economic growth, Emerging markets, Financial sector, Fiscal policy, Fund role, Globalization, Low-income developing countries

Full text also available in: Arabic, Chinese, French, Japanese, Russian, and Spanish. The global economy is expanding moderately but the outlook has weakened further since October, and risks have increased. The gl...

Managing Director's Global Policy Agenda to the International Monetary and Financial Committee

Managing Director's Global Policy Agenda to the International Monetary and Financial Committee »

Source: Managing Director's Global Policy Agenda to the International Monetary and Financial Committee

Volume/Issue: 2014/025

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2014

ISBN: 9781498343572

Keywords: Developed countries, Economic growth, Economic recovery, Emerging markets, Financial sector, Fiscal policy, Fiscal reforms, International Monetary and Financial Committee, Monetary policy, Spillovers

etary and Financial Committee Publication Date: April 5, 2014 Electronic Access:Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file Summary:Global activity is strengthening, but the recovery is...

Clusters As a Driving Engine for FDI

Clusters As a Driving Engine for FDI »

Source: Clusters As a Driving Engine for FDI

Volume/Issue: 2005/193

Series: IMF Working Papers

Author(s): Etienne Yehoue

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2005

ISBN: 9781451862126

Keywords: Clusters, backward and forward linkages, FDI, policy reforms, foreign investors, investors, foreign investment, foreign investor, Fiscal Policies and Behavior of Economic Agents: General, International Factor Movements and International Business: General

This paper develops a model that highlights the importance of clusters for attracting foreign direct investment. It shows from a game theoretical perspective how the combination of setting up a cluster and implemen...

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 »

Source: 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

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...