 Wysłany: Nie 0:29, 15 Maj 2011 Temat postu: |
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| http://www.obserwatorfinansowy.pl/2011/04/07/usa-albo-ulgi-albo-niskie-podatki/ | |
| Wysłany: Czw 10:13, 30 Gru 2010 Temat postu: |
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| http://www.imf.org/external/pubs/ft/wp/2010/wp10297.pdf
Macroeconomic Effects of Public Pension Reforms Philippe Karam, Dirk Muir, Joana Pereira, and Anita Tuladhar Abstrakt: The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), we find that public pension reforms can have a positive effect on growth in both the short run, propelled by rising consumption, and in the long run, due to lower government debt crowding in higher investment. We also find that a reform action undertaken cooperatively by all regions results in larger output effects, reflecting stronger capital accumulation due to higher world savings. An increase in the retirement age reform yields the strongest impact in the short run, due to the demand effects of higher labor income and in the long run because of supply effects. |
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| Wysłany: Pon 1:55, 27 Gru 2010 Temat postu: |
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| http://www.nber.org/papers/w16479.pdf
HOW BIG (SMALL?) ARE FISCAL MULTIPLIERS? Ethan Ilzetzki Enrique G. Mendoza Carlos A. Végh ABSTRACT We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel quarterly dataset of government expenditure in 44 countries, we find that (i) the output effect of an increase in government consumption is larger in industrial than in developing countries, (ii) the fiscal multiplier is relatively large in economies operating under predetermined exchange rate but zero in economies operating under flexible exchange rates; (iii) fiscal multipliers in open economies are lower than in closed economies and (iv) fiscal multipliers in high-debt countries are also zero. |
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| Wysłany: Pon 10:32, 06 Gru 2010 Temat postu: |
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Nic tak nie irytujuje, jak świetnie artykuł,pasujący do tematu po jego prezentacji 
W każdy razie warto przeczytać: A Status Update on Fiscal Exit Strategies Fabian Bornhorst, Nina Budina, Giovanni Callegari, Asmaa ElGanainy, Raquel Gomez Sirera, Andrea Lemgruber, Andrea Schaechter, Joong Beom Shin http://www.imf.org/external/pubs/ft/wp/2010/wp10272.pdf |
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| Wysłany: Nie 13:46, 14 Lis 2010 Temat postu: |
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| http://www.imf.org/external/np/pp/eng/2010/043010a.pdf
From Stimulus to Consolidation: Revenue and Expenditure Policies in Advanced and Emerging Economies |
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| Wysłany: Nie 13:13, 14 Lis 2010 Temat postu: |
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| http://www.imf.org/external/pubs/ft/fm/2010/fm1002.pdf
Fiscal Exit: From Strategy to Implementation - raport IMF z listopada 2010 http://www.imf.org/external/pubs/ft/fm/2010/fm1001.pdf Navigating the Fiscal Challenges Ahead raport IMF z maja 2010 |
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| Wysłany: Nie 12:40, 14 Lis 2010 Temat postu: |
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| http://www.imf.org/external/pubs/ft/weo/2010/02/pdf/c3.pdf
Rozdział III z październikowego IMF outlooka http://www.imf.org/external/pubs/ft/wp/2010/wp10163.pdf Budget Consolidation: Short-Term Pain and Long-Term Gain Kevin Clinton, Michael Kumhof, 2010 |
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| Wysłany: Śro 0:27, 10 Lis 2010 Temat postu: Spotkanie 15.11.2010 - Finanse publiczne a kryzys |
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| Dokładny temat - Konsolidacja finansów publicznych po kryzysie | |