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Externalities. Incentives, and Economic Reforms1/

Externalities. Incentives, and Economic Reforms1/ »

Source: Externalities. Incentives, and Economic Reforms

Volume/Issue: 1990/10

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1990

ISBN: 9781451926477

Keywords: external resources, tax revenue, budget constraints, public budget, tax system

The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple public decision makers is likely to experience 'overspending,' 'undertaxing,' 'overborrowing,'...

Investment in Emerging Markets We Are Not in Kansas Anymore…Or Are We?1

Investment in Emerging Markets We Are Not in Kansas Anymore…Or Are We?1 »

Source: Investment in Emerging Markets We Are Not in Kansas Anymore…Or Are We?

Volume/Issue: 2015/77

Series: IMF Working Papers

Author(s): Nicolas Magud , and Sebastian Sosa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2015

ISBN: 9781475534221

Keywords: financial constraints, private investment, commodity, debt, General, General, General, General, capital inflows.,

We document that (i) although private investment growth in emerging markets has decelerated in recent years, it came down from cyclical highs and remains close to pre-crisis trends; and (ii) investment-to-output ra...

Explaining China's Low Consumption

Explaining China's Low Consumption »

Source: Explaining China's Low Consumption : The Neglected Role of Household Income

Volume/Issue: 2007/181

Series: IMF Working Papers

Author(s): Jahangir Aziz , and Li Cui

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867459

Keywords: Financing Constraints, Rebalancing Growth, employment growth, employment, household income, household survey, national accounts,

The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expendi...

Has Inventory Investment Been Liquidity-Constrained? Evidence From U.S. Panel Data

Has Inventory Investment Been Liquidity-Constrained? Evidence From U.S. Panel Data »

Source: Has Inventory Investment Been Liquidity-Constrained? Evidence From U.S. Panel Data

Volume/Issue: 2001/122

Series: IMF Working Papers

Author(s): Yungsan Kim , and Woon Choi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

ISBN: 9781451854497

Keywords: inventory investment, liquidity constraint, panel data, inventories, inventory, bond, cash flow,

Based on an analysis of high-frequency panel data for U.S. firms, this paper finds that inventory investment has been liquidity-constrained in most periods during 1975-97, but less so, or not at all, during recessi...

Federalism With and Without Political Centralization: China Versus Russia

Federalism With and Without Political Centralization: China Versus Russia »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...

Falling Tax Compliance and the Rise of the Virtual Budget in Russia

Falling Tax Compliance and the Rise of the Virtual Budget in Russia »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...

Ten Years of Transition: Looking Back and Looking Forward

Ten Years of Transition: Looking Back and Looking Forward »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...

The Transition in Central and Eastern Europe: The Experience of Two Resident Representatives

The Transition in Central and Eastern Europe: The Experience of Two Resident Representatives »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...

Ten Years After … Transition and Economics

Ten Years After … Transition and Economics »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...

Escaping the Under-Reform Trap

Escaping the Under-Reform Trap »

Source: IMF Staff Papers, Volume 48, Special Issue, Transition Economies, How Much Progress?

Volume: 48

Series: IMF Staff Papers

Author(s): Richard Haas , Oleh Havrylyshyn , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2002

ISBN: 9781589061262

Keywords: Staff papers, Transition economies, international monetary fund, macroeconomic stabilization, budget constraints, structural reform

This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the...