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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...

Quantifying Structural Subsidy Values for Systemically Important Financial Institutions

Quantifying Structural Subsidy Values for Systemically Important Financial Institutions »

Source: Quantifying Structural Subsidy Values for Systemically Important Financial Institutions

Volume/Issue: 2012/128

Series: IMF Working Papers

Author(s): Kenichi Ueda , and Beatrice Weder di Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

ISBN: 9781475503654

Keywords: bank funding subsidy, bank bailout, probability, financial institutions, samples, financial stability, financial sector, Financial Institutions and Services: Government Policy and Regulation, Structure, Scope

Claimants to SIFIs receive transfers when governments are forced into bailouts. Ex ante, the bailout expectation lowers daily funding costs. This funding cost differential reflects both the structural level of the...

Understanding the Evolution of World Business Cycles

Understanding the Evolution of World Business Cycles »

Source: Understanding the Evolution of World Business Cycles

Volume/Issue: 2005/211

Series: IMF Working Papers

Author(s): Ayhan Kose , Christopher Otrok , and Charles Whiteman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862300

Keywords: International business cycles, globalization, transmission of macroeconomic fluctuations, business cycles, globalization period, business cycle, National Government Expenditures and Related Policies: General, performance measures, Publicly Provided Goods,

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor model to estimate common and country-specific components in the main macroeconomic aggregates of...

Who Controls the Budget

Who Controls the Budget »

Source: Who Controls the Budget : The Legislature or the Executive?

Volume/Issue: 2005/115

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861341

Keywords: Legislature, executive, presidential, parliament, budget, power, annual budget, budget law, fiscal rules, budget systems

Country-specific factors prevent a strong linear relationship between the legislature's budgetary powers and the extent of its separation from the executive. Electoral and voting systems, bicameralism, constitution...

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...

Quantifying Structural Subsidy Values for Systemically Important Financial Institutions

Quantifying Structural Subsidy Values for Systemically Important Financial Institutions »

Volume/Issue: 2012/128

Series: IMF Working Papers

Author(s): Kenichi Ueda , and Beatrice Weder di Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

DOI: http://dx.doi.org/10.5089/9781475503654.001

ISBN: 9781475503654

Keywords: bank funding subsidy, bank bailout, probability, financial institutions, samples, financial stability, financial sector, Financial Institutions and Services: Government Policy and Regulation, Structure, Scope

Claimants to SIFIs receive transfers when governments are forced into bailouts. Ex ante, the bailout expectation lowers daily funding costs. This funding cost differential reflects both the structural level of the...

Understanding the Evolution of World Business Cycles

Understanding the Evolution of World Business Cycles »

Volume/Issue: 2005/211

Series: IMF Working Papers

Author(s): Ayhan Kose , Christopher Otrok , and Charles Whiteman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

DOI: http://dx.doi.org/10.5089/9781451862300.001

ISBN: 9781451862300

Keywords: International business cycles, globalization, transmission of macroeconomic fluctuations, business cycles, globalization period, business cycle, National Government Expenditures and Related Policies: General, performance measures, Publicly Provided Goods,

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor model to estimate common and country-specific components in the main macroeconomic aggregates of...

Who Controls the Budget
			: The Legislature or the Executive?

Who Controls the Budget : The Legislature or the Executive? »

Volume/Issue: 2005/115

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

DOI: http://dx.doi.org/10.5089/9781451861341.001

ISBN: 9781451861341

Keywords: Legislature, executive, presidential, parliament, budget, power, annual budget, budget law, fiscal rules, budget systems

Country-specific factors prevent a strong linear relationship between the legislature's budgetary powers and the extent of its separation from the executive. Electoral and voting systems, bicameralism, constitution...