Search Results

You are looking at 1 - 10 of 36 items :

  • Keyword: national income x
  • Economics - Macroeconomics x
  • IMF Working Papers x
Clear All Modify Search
Ricardian Equivalence and National Saving in the United States

Ricardian Equivalence and National Saving in the United States »

Source: Ricardian Equivalence and National Saving in the United States

Volume/Issue: 1988/96

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 October 1988

ISBN: 9781451949872

Keywords: government spending, taxation, national saving, consumer spending, permanent income

This paper examines the relative efficacy of cuts in government spending on goods and services and increases in taxation as tools for augmenting national saving--an issue related to Ricardian equivalence. The theor...

The Structural Determinants of the Labor Share in Europe

The Structural Determinants of the Labor Share in Europe »

Source: The Structural Determinants of the Labor Share in Europe

Volume/Issue: 2019/67

Series: IMF Working Papers

Author(s): Dilyana Dimova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2019

ISBN: 9781498302920

Keywords: National income, Labor market reforms, National income accounts, Economic integration, Labor market policy, labor share, technology, employment policies, globalization, employment protection

The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time...

Doing More for Less? New Evidence on Lobbying and Government Contracts

New
Doing More for Less? New Evidence on Lobbying and Government Contracts »

Source: Doing More for Less? New Evidence on Lobbying and Government Contracts

Volume/Issue: 2019/172

Series: IMF Working Papers

Author(s): Senay Agca , Deniz Igan , Fuhong Li , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 August 2019

ISBN: 9781498315241

Keywords: National income accounts, National income accounting, Government expenditures, Industry, Trade policy, Political connections, lobbying, rent seeking, government spending, procurement

Why do firms lobby? This paper exploits the unanticipated sequestration of federal budget accounts in March 2013 that reduced the availability of government funds disbursed through procurement contracts to shed lig...

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...

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries »

Source: Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

Volume/Issue: 2003/237

Series: IMF Working Papers

Author(s): Naoko Kojo , Arye Hillman , and Emanuele Baldacci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

ISBN: 9781451875737

Keywords: Growth, low-income countries, public spending, fiscal deficit, fiscal contractions, expansionary fiscal, National Deficit Surplus, low-income countries and Finance, Taxation, Deficit

Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the prima...

To Starve or Not to Starve the Beast?

To Starve or Not to Starve the Beast? »

Source: To Starve or Not to Starve the Beast?

Volume/Issue: 2010/199

Series: IMF Working Papers

Author(s): Michael Kumhof , Daniel Leigh , and Douglas Laxton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205295

Keywords: Starve-the-beast, tax cuts, spending cuts, non-Ricardian behavior, welfare analysis, government spending, tax cut, capital income, National Deficit Surplus,

For thirty years prominent voices have advocated a policy of starving the beast cutting taxes to force government spending cuts. This paper analyzes the macroeconomic and welfare consequences of this policy using a...

Evolution of Debt Sustainability Analysis in Low-Income Countries

Evolution of Debt Sustainability Analysis in Low-Income Countries »

Source: Evolution of Debt Sustainability Analysis in Low-Income Countries : Some Aggregate Evidence

Volume/Issue: 2012/167

Series: IMF Working Papers

Author(s): Benedicte Baduel , and Robert Price

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475505153

Keywords: low-income countries, debt service, debt ratios, debt dynamics, National Budget, Deficit, and Debt: Other, Macroeconomic - Aspects Of Public Finance,

The Debt Sustainability Analysis (DSA) for low-income countries (LICs) is a standardized analytical tool to monitor debt sustainability. This paper uses DSAs from three periods around the time of the global economi...

The Great Divide: Regional Inequality and Fiscal Policy

The Great Divide: Regional Inequality and Fiscal Policy »

Source: The Great Divide: Regional Inequality and Fiscal Policy

Volume/Issue: 2019/88

Series: IMF Working Papers

Author(s): William Gbohoui , W. Raphael Lam , and Victor Lledo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 May 2019

ISBN: 9781498311625

Keywords: Cost of living, National income, Social security, Development, Social indicators, Regional inequality, fiscal redistribution, mobility, intergovernmental relations, regional disparity

Growing regional inequality within countries has raised the perception that 'some places and people' are left behind. This has prompted a shift toward inward-looking policies and away from pro-growth reforms. This...

Gross National Happiness and Macroeconomic Indicators in the Kingdom of Bhutan

Gross National Happiness and Macroeconomic Indicators in the Kingdom of Bhutan »

Source: Gross National Happiness and Macroeconomic Indicators in the Kingdom of Bhutan

Volume/Issue: 2019/15

Series: IMF Working Papers

Author(s): Sriram Balasubramanian , and Paul Cashin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2019

ISBN: 9781484389713

Keywords: Asia and Pacific, Bhutan, Gross domestic product, real income, gross national happiness, Equity, Justice, Inequality, and Other Normative Criteria and Measurement, General

This paper examines the origins and use of the concept of Gross National Happiness (or subjective well-being) in the Kingdom of Bhutan, and the relationship between measured well-being and macroeconomic indicators....

Nonlinearity Between the Shadow Economy and Level of Development*

Nonlinearity Between the Shadow Economy and Level of Development* »

Source: Nonlinearity Between the Shadow Economy and Level of Development

Volume/Issue: 2019/48

Series: IMF Working Papers

Author(s): Dong Frank Wu , and Friedrich Schneider

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2019

ISBN: 9781484399613

Keywords: Shadow economy, National income, Social safety nets, Labor market flexibility, Economic growth, institutional factor, non-institutional, regression, long-run, country group

This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our r...