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Life Expectancy and Income Convergence in the World

Life Expectancy and Income Convergence in the World »

Source: Life Expectancy and Income Convergence in the World : A Dynamic General Equilibrium Analysis

Volume/Issue: 2008/158

Series: IMF Working Papers

Author(s): Kenichi Ueda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870169

Keywords: life expectancy, value of life, income convergence., life insurance, life expectancies, gross returns, Income Convergence,

There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer life much more than material happiness, the world living standards may this have already conver...

Commodity Price Volatility, Cyclical Fluctuations, and Convergence

Commodity Price Volatility, Cyclical Fluctuations, and Convergence »

Source: Commodity Price Volatility, Cyclical Fluctuations, and Convergence : What is Ahead for Inflation in Emerging Europe?

Volume/Issue: 2009/41

Series: IMF Working Papers

Author(s): Edda Zoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451871890

Keywords: Price Convergence, price inflation, price level, inflation response,

This paper assesses the role of international commodity prices, cyclical fluctuations, and convergence in driving inflation in 18 European emerging economies. Country specific VARs and panel estimates indicate that...

Globalization and Growth in the Twentieth Century

Globalization and Growth in the Twentieth Century »

Source: Globalization and Growth in the Twentieth Century

Volume/Issue: 2000/44

Series: IMF Working Papers

Author(s): N. Crafts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451846409

Keywords: Growth, convergence, tfp, growth rates, real gdp, growth accounting

This paper reviews the experience of economic growth during the twentieth century with a view to highlighting implications for both growth economists and policy-makers. The unprecedented divergence in income levels...

Dynamic Factor Price Equalization & International Income Convergence

Dynamic Factor Price Equalization & International Income Convergence »

Source: Dynamic Factor Price Equalization & International Income Convergence

Volume/Issue: 2008/267

Series: IMF Working Papers

Author(s): Clinton Shiells , and Joseph Francois

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

ISBN: 9781451871258

Keywords: Neoclassical Models of Trade, Economic Growth of Open Economies, Cross Country Output Convergence, capital stock, factor price, intermediate goods, factor price equalization, Cross-Country Output Convergence,

The paper develops a tractable way to incorporate the micro structure of dual models of international trade into a standard class of dynamic open-economy macro models. In the process, it develops the concept of a d...

Productivity Growth and Structural Reform in Bulgaria

Productivity Growth and Structural Reform in Bulgaria »

Source: Productivity Growth and Structural Reform in Bulgaria : Restarting the Convergence Engine

Volume/Issue: 2012/131

Series: IMF Working Papers

Author(s): Cyril Pouvelle , and Pritha Mitra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

ISBN: 9781475503678

Keywords: Cross-Country Convergence, labor productivity, job creation, labor market, Productivity Growth and Structural Reform in Bulgaria: Restarting the Convergence Engine, Economywide Country Studies: Europe,

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger productivity growth would allow Bulgaria to close the income gap with the EU average more quickly...

Anatomy of Regional Disparities in the Slovak Republic

Anatomy of Regional Disparities in the Slovak Republic »

Source: Anatomy of Regional Disparities in the Slovak Republic

Volume/Issue: 2009/145

Series: IMF Working Papers

Author(s): Mariusz Jarmuzek , and Biswajit Banerjee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

ISBN: 9781451872927

Keywords: Regional disparities, &;amp;#x03B2;-convergence, &;amp;#x03C3;-convergence, growth accounting, gdp per capita, tfp, labor utilization, gdp growth,

This paper examines economic growth and various dimensions of regional disparities in Slovakia. We find that regional disparities in the levels of GDP per capita, labor productivity, and labor utilization have wide...

Regional Financial Integration in the GCC

Regional Financial Integration in the GCC »

Source: Regional Financial Integration in the GCC

Volume/Issue: 2010/90

Series: IMF Working Papers

Author(s): Raphael Espinoza , Oral Williams , and Ananthakrishnan Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781451982589

Keywords: Interest rate convergence, sigma-convergence, beta-convergence, arbitrage opportunity, cross-listing, regional capital flows, financial integration, capital flows, equity markets, deposit rates

We investigate the extent of regional financial integration in the member countries of the Gulf Cooperation Council. The limited volume data available suggests that regional integration is non-negligible. Bahrain a...

Enhancing China’s Medium-Term Growth Prospects

Enhancing China’s Medium-Term Growth Prospects »

Source: Enhancing China's Medium-Term Growth Prospects : The Path to a High-Income Economy

Volume/Issue: 2013/204

Series: IMF Working Papers

Author(s): Malhar Nabar , and Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2013

ISBN: 9781484354957

Keywords: convergence, capital, investment, gdp, economy, income, Macroeconomic Analyses of Economic Development, Asia including Middle East,

China's current growth model-which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty-has become too reliant on credit and investment, and has begun to e...

Can Domestic Policies Influence Inflation?

Can Domestic Policies Influence Inflation? »

Source: Can Domestic Policies Influence Inflation?

Volume/Issue: 2007/257

Series: IMF Working Papers

Author(s): Ashoka Mody , and Franziska Ohnsorge

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2007

ISBN: 9781451868203

Keywords: Price convergence, Maastricht criterion, Euro adoption, monetary policy, price level, inflation rates, inflation rate,

Globalization operates not only by reducing domestic pressures on inflation but also by reducing the scope of domestic authorities to influence the pace of inflation. First, as markets are integrated, the common, c...

Centripetal forces in China's Economic Take-Off

Centripetal forces in China's Economic Take-Off »

Source: Centripetal forces in China's Economic Take-Off

Volume/Issue: 2000/86

Series: IMF Working Papers

Author(s): Anuradha Dayal-Gulati , and Aasim Husain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2000

ISBN: 9781451850871

Keywords: Convergence, integration, growth, inequality, fdi, per capita incomes, per capita income, foreign direct investment

This paper uses provincial time series data from China to empirically investigate two propositions relating to economic development: (i) that economic takeoff is associated with technological transfer through forei...