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Djibouti's Quest for Inclusive Growth

Djibouti's Quest for Inclusive Growth »

Source: Djibouti's Quest for Inclusive Growth

Volume/Issue: 2017/270

Series: IMF Working Papers

Author(s): Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2017

ISBN: 9781484331118

Keywords: Middle East, Djibouti, Poverty reduction, growth, inclusiveness, inequality, General, Aggregate Factor Income Distribution, Measurement and Analysis of Poverty

The paper reviews Djibouti's macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, the authorities' development strategy. In this context, the paper reviews policy opti...

Do Credit Shocks Matter? A Global Perspective

Do Credit Shocks Matter? A Global Perspective »

Source: Do Credit Shocks Matter? A Global Perspective

Volume/Issue: 2010/261

Series: IMF Working Papers

Author(s): Thomas Helbling , Ayhan Kose , Christopher Otrok , and Raju Huidrom

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209613

Keywords: credit spreads, macroeconomic fluctuations, global recession, recession, recessions, global recessions, financial markets, Financial Markets and the Macroeconomy, Financial Aspects of Economic Integration, Open Economy Macroeconomics

This paper examines the importance of credit market shocks in driving global business cycles over the period 1988:1-2009:4. We first estimate common components in various macroeconomic and financial variables of th...

Do Inflows or Outflows Dominate? Global Implications of Capital Account Liberalization in China

Do Inflows or Outflows Dominate? Global Implications of Capital Account Liberalization in China »

Source: Do Inflows or Outflows Dominate? Global Implications of Capital Account Liberalization in China

Volume/Issue: 2013/189

Series: IMF Working Papers

Author(s): Tamim Bayoumi , and Franziska Ohnsorge

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781475532159

Keywords: portfolio flows, financial development, bond, stock market, bonds, portfolio investment, money market, Macroeconomic Aspects of International Trade and Finance, Globalization: General, General,

This paper assesses the implications of Chinese capital account liberalization for capital flows. Stylized facts from capital account liberalization in advanced and large emerging market economies illustrate that c...

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence »

Source: Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Volume/Issue: 1997/3

Series: IMF Working Papers

Author(s): Patrick Van Houdt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451841862

Keywords: labor market, labor market policies, unemployment, employment, active labor

Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market polic...

Does Corruption Affect Income Inequality and Poverty?

Does Corruption Affect Income Inequality and Poverty? »

Source: Does Corruption Affect Income Inequality and Poverty?

Volume/Issue: 1998/76

Series: IMF Working Papers

Author(s): Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451849844

Keywords: income inequality, poverty, social spending, gini coefficient, heteroscedasticity, statistic, correlation

This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and...

Does Financial Globalization Induce Better Macroeconomic Policies?

Does Financial Globalization Induce Better Macroeconomic Policies? »

Source: Does Financial Globalization Induce Better Macroeconomic Policies?

Volume/Issue: 2004/84

Series: IMF Working Papers

Author(s): Shang-Jin Wei , and Irina Tytell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451850673

Keywords: Discipline effect, mood swings, deficit, financial globalization, foreign assets, and deficit,

Monetary and fiscal policies around the world are in better shape today than two decades ago. This paper studies whether financial globalization has helped induce governments to pursue better macroeconomic policies...

Does Foreign Aid Reduce Poverty? Empirical Evidence from Nongovernmental and Bilateral Aid

Does Foreign Aid Reduce Poverty? Empirical Evidence from Nongovernmental and Bilateral Aid »

Source: Does Foreign Aid Reduce Poverty? Empirical Evidence from Nongovernmental and Bilateral Aid

Volume/Issue: 2005/100

Series: IMF Working Papers

Author(s): Boriana Yontcheva , and Nadia Masud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861198

Keywords: Official Development Aid, NGOs, Panel Data Econometrics, infant mortality, mortality rates, aid effectiveness,

This paper assesses the effectiveness of foreign aid in reducing poverty through its impact on human development indicators. We use a dataset of both bilateral aid and NGO aid flows. Our results show that NGO aid r...

Does Global Liquidity Matter for Monetary Policy in the Euro Area?

Does Global Liquidity Matter for Monetary Policy in the Euro Area? »

Source: Does Global Liquidity Matter for Monetary Policy in the Euro Area?

Volume/Issue: 2009/17

Series: IMF Working Papers

Author(s): Helge Berger , and Thomas Harjes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

ISBN: 9781451871647

Keywords: Global excess liquidity, interest rate channel, forecasting accuracy, price level, money stock, monetary aggregates,

Global excess liquidity is sometimes believed to limit sovereign monetary policy even in large economies, including the euro area. There is much discussion about what constitutes global excess liquidity and our app...

Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations

Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations »

Source: Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations

Volume/Issue: 2007/16

Series: IMF Working Papers

Author(s): Gouranga Gopal Das

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865806

Keywords: Inequality, Spillover, Institution, Gini Coefficient, Skill Cohorts, Growth, tfp, economic growth, global trade, trade openness

Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmis...

The Domestic and Global Impact of Japan's Policies for Growth

The Domestic and Global Impact of Japan's Policies for Growth »

Source: The Domestic and Global Impact of Japan's Policies for Growth

Volume/Issue: 2005/209

Series: IMF Working Papers

Author(s): Nicoletta Batini , Alessandro Rebucci , and Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862287

Keywords: Global External Imbalance, Productivity Growth, Macroeconomic Models, current account, world economy, government debt, current account surplus, intermediate goods, Open Economy Macroeconomics, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

Japan is facing a sizable fiscal imbalance against a backdrop of weak trend growth and growing external imbalances in the world economy. This paper examines the possible impact of fiscal adjustment and productivity...