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Is Social Spending Procyclical?1

Is Social Spending Procyclical?1 »

Source: Is Social Spending Procyclical?

Volume/Issue: 2010/234

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alejandro Hajdenberg , and Javier Arze del Granado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209347

Keywords: social spending, expenditures, health expenditures, public expenditures, total expenditures,

This paper studies the cyclical behavior of public spending on health and education in 150 countries during 1987 - 2007. It finds that spending on education and health is procyclical in developing countries and acy...

Tourism Specialization and Economic Development

Tourism Specialization and Economic Development »

Source: Tourism Specialization and Economic Development : Evidence from the UNESCO World Heritage List

Volume/Issue: 2009/176

Series: IMF Working Papers

Author(s): John Piotrowski , Rabah Arezki , and Reda Cherif

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873238

Keywords: economic development and growth and instrumental variables, unesco world heritage, heritage, world heritage,

The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumenta...

Deposit Protection Arrangements: A Survey

Deposit Protection Arrangements: A Survey »

Source: Deposit Protection Arrangements : A Survey

Volume/Issue: 1995/134

Series: IMF Working Papers

Author(s): Alexander Kyei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781451855548

Keywords: deposit insurance, deposit protection, banking, deposit guarantee, banking system

This paper is a survey of deposit protection arrangements and it compares the key elements of deposit protection schemes around the world. There are more implicit arrangements that guarantee deposits than explicit...

What is Really Good for Long-Term Growth? Lessons from a Binary Classification Tree (BCT) Approach

What is Really Good for Long-Term Growth? Lessons from a Binary Classification Tree (BCT) Approach »

Source: What is Really Good for Long-Term Growth? Lessons from a Binary Classification Tree (BCT) Approach

Volume/Issue: 2008/263

Series: IMF Working Papers

Author(s): Rupa Duttagupta , and Montfort Mlachila

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

ISBN: 9781451871210

Keywords: Binary Classification Tree, population density, terms of trade, trade growth, life expectancy, school enrollment,

Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the "real' or "deep" determinants of growth. This paper revisits the ques...

Fair Play:

Fair Play: »

Source: Fair Play : More Equal Laws Boost Female Labor Force Participation

Volume/Issue: 2015/2

Series: Staff Discussion Notes

Author(s): Christian Gonzales , Sonali Jain-Chandra , Kalpana Kochhar , and Monique Newiak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 February 2015

ISBN: 9781498354424

Keywords: Labor force participation, Gender equality, Women, female labor force participation, gender equity, legal rights, gender, labor force, female labor, Participación en la fuerza laboral;Mujeres;Igualdad de género;Mercados de trabajo;Reformas del mercado laboral;Aspectos económicos de la familia;Análisis entre países

This Staff Discussion Note examines the effect of gender-based legal restrictions and other policy choices and demographic characteristics on female labor force participation. Drawing on a large and novel panel dat...

A Historical Public Debt Database

A Historical Public Debt Database »

Source: A Historical Public Debt Database

Volume/Issue: 2010/245

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209453

Keywords: Historical Debt, Gross Debt, Debt-to-GDP, Debt Database, government debt, debt data, debt ratios, debt ratio, National Budget, Deficit

This paper describes the compilation of the first truly comprehensive database on gross government debt-to-GDP ratios, covering nearly the entire IMF membership (174 countries) and spanning an exceptionally long ti...

Business Cycle Fluctuations, Large Shocks, and Development Aid

Business Cycle Fluctuations, Large Shocks, and Development Aid »

Source: Business Cycle Fluctuations, Large Shocks, and Development Aid : New Evidence

Volume/Issue: 2010/240

Series: IMF Working Papers

Author(s): Era Dabla-Norris , Camelia Minoiu , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209408

Keywords: foreign aid, bilateral donors, business cycle, macroeconomic shocks, aid flows, bilateral aid, development aid, dynamic effects, Macroeconomic Analyses of Economic Development,

We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970?2005. We find that bilateral aid flows are on average procyclical with respect to busines...

An Evaluation of the World Economic Outlook Forecasts

An Evaluation of the World Economic Outlook Forecasts »

Source: An Evaluation of the World Economic Outlook Forecasts

Volume/Issue: 2006/59

Series: IMF Working Papers

Author(s): Allan Timmermann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863192

Keywords: Global economic condition, forecast performance, and evaluation, inflation, statistics, correlation, inflation forecasts, General Aggregative Models: Forecasting and Simulation, Prices, Business Fluctuations

The World Economic Outlook (WEO) is a key source of forecasts of global economic conditions. It is therefore important to review the performance of these forecasts against both actual outcomes and alternative forec...

Appendix

Appendix »

Source: The Behavior of Non-Oil Commodity Prices

Series: Occasional Papers

Author(s): Eduardo Borensztein , Peter Wickham , Mohsin Khan , and Carmen Reinhart

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1994

ISBN: 9781557754127

Keywords: commodity prices, export earnings, commodity exports, non-oil commodity, export taxes

Table A1. Country Groupings for Charts 2 and 3...

Appendix III Central Bank Credit to the Government in 57 Countries

Appendix III Central Bank Credit to the Government in 57 Countries »

Source: Limiting Central Bank Credit to the Government : Theory and Practice

Series: Occasional Papers

Author(s): Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1993

ISBN: 9781557753588

Keywords: central bank, current account, monetary policy, inflation, central banks

This appendix presents some factual information on how formal constraints on central bank credit to the government are regulated in a sample of 57 countries. The sample includes all...