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The Aging of the Population and the Size of the Welfare State

The Aging of the Population and the Size of the Welfare State »

Source: The Aging of the Population and the Size of the Welfare State

Volume/Issue: 2002/68

Series: IMF Working Papers

Author(s): Phillip Swagel , Efraim Sadka , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

ISBN: 9781451849004

Keywords: dependency ratio, labor tax, tax rate, dependency, unemployment, social security, Structure, Scope, and Performance of Government,

Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and both labor tax rates and the generosity of social transfers, after controlling for other f...

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies »

Source: Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies

Volume/Issue: 2011/173

Series: IMF Working Papers

Author(s): Xavier Debrun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

ISBN: 9781462313327

Keywords: Fiscal councils, deficit bias, delegation, central bank, fiscal institutions, fiscal agencies, Structure, Scope, and Performance of Government, National Deficit Surplus,

Despite growing interest among policymakers, there is no theory of independent fiscal institutions. The emerging literature on "fiscal councils" typically makes informal parallels with the theory of central bank in...

Electoral System and Public Spending

Electoral System and Public Spending »

Source: Electoral System and Public Spending

Volume/Issue: 2001/22

Series: IMF Working Papers

Author(s): Roberto Perotti , Massimo Rostagno , and Gian Milesi-Ferretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451843972

Keywords: electoral rules, proportionality, public spending, transfers, electoral system, electoral systems, voter, voting, government spending, Structure

We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and s...

Narrowing Vertical Fiscal Imbalances in Four European Countries

Narrowing Vertical Fiscal Imbalances in Four European Countries »

Source: Narrowing Vertical Fiscal Imbalances in Four European Countries

Volume/Issue: 2012/91

Series: IMF Working Papers

Author(s): Izabela Karpowicz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502664

Keywords: Federalism, decentralization, vertical fiscal imbalance, local governments, fiscal decentralization, sub-national governments, fiscal balances, Structure, Scope, and Performance of Government

This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four Euro...

The Economic Crisis

The Economic Crisis »

Source: The Economic Crisis : Did Financial Supervision Matter?

Volume/Issue: 2011/261

Series: IMF Working Papers

Author(s): Marc Quintyn , Rosaria Vega Pansini , and Donato Masciandaro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463924560

Keywords: financial supervision, global crisis, supervisory architecture, supervisory governance, banking, bank involvement, financial sector, financial structure, deposit money, Financial Markets and the Macroeconomy

The Asian financial crisis marked the beginning of worldwide efforts to improve the effectiveness of financial supervision. However, the crisis that started in 2007?08 was a crude awakening: several of these improv...

Choosing a Budget Management System

Choosing a Budget Management System »

Source: Choosing a Budget Management System : The Case of Rwanda

Volume/Issue: 2004/132

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451855418

Keywords: budget system, public management, Constitution, budget law, budget management, annual budget, budget process, budget execution, Structure, Scope

Rwanda is making important choices concerning budget processes. A program-oriented budget framework is now used. A new Constitution, adopted in May 2003, has made some important choices concerning the public manage...

The Aging of the Population and the Size of the Welfare State

The Aging of the Population and the Size of the Welfare State »

Volume/Issue: 2002/68

Series: IMF Working Papers

Author(s): Phillip Swagel , Efraim Sadka , and Assaf Razin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

DOI: http://dx.doi.org/10.5089/9781451849004.001

ISBN: 9781451849004

Keywords: dependency ratio, labor tax, tax rate, dependency, unemployment, social security, Structure, Scope, and Performance of Government,

Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and both labor tax rates and the generosity of social transfers, after controlling for other f...

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies

Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies »

Volume/Issue: 2011/173

Series: IMF Working Papers

Author(s): Xavier Debrun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

DOI: http://dx.doi.org/10.5089/9781462313327.001

ISBN: 9781462313327

Keywords: Fiscal councils, deficit bias, delegation, central bank, fiscal institutions, fiscal agencies, Structure, Scope, and Performance of Government, National Deficit Surplus,

Despite growing interest among policymakers, there is no theory of independent fiscal institutions. The emerging literature on "fiscal councils" typically makes informal parallels with the theory of central bank in...

Electoral System and Public Spending

Electoral System and Public Spending »

Volume/Issue: 2001/22

Series: IMF Working Papers

Author(s): Roberto Perotti , Massimo Rostagno , and Gian Milesi-Ferretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

DOI: http://dx.doi.org/10.5089/9781451843972.001

ISBN: 9781451843972

Keywords: electoral rules, proportionality, public spending, transfers, electoral system, electoral systems, voter, voting, government spending, Structure

We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and s...

Narrowing Vertical Fiscal Imbalances in Four European Countries

Narrowing Vertical Fiscal Imbalances in Four European Countries »

Volume/Issue: 2012/91

Series: IMF Working Papers

Author(s): Izabela Karpowicz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

DOI: http://dx.doi.org/10.5089/9781475502664.001

ISBN: 9781475502664

Keywords: Federalism, decentralization, vertical fiscal imbalance, local governments, fiscal decentralization, sub-national governments, fiscal balances, Structure, Scope, and Performance of Government

This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four Euro...