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Global Financial Stability Report, April 2016 : Potent Policies for a Successful Normalization »
Series: Global Financial Stability Report
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 11 April 2016
DOI: http://dx.doi.org/10.5089/9781513506777.082
ISBN: 9781513506777
Keywords: Financial stability, Global Financial Stability Report, Global Financial Stability Reports, Global Financial Stability Risks, International financial stability, Macroprudential policies and financial stability, market, emerging market, insurance, equity
The current Global Financial Stability Report (April 2016) finds that global financial stability risks have risen since the last report in October 2015. The new report finds that the outlook has deteriorated in adv...

Opening Up to Inequity: After countries remove restrictions on capital flows, inequality often gets worse »
Source: Finance and Development March 2016
Volume/Issue: 53/1
Series: Finance & Development
Author(s): International Monetary Fund. Communications Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2016
ISBN: 9781513570532
Keywords: Finance and Development, population, population growth, workforce, monetary fund, finance
This article profiles economist David Card, whose work on minimum wages, immigration, and education challenged conventional wisdom. Card rose to prominence in 1995 when he won the coveted John Bates Clark Medal, th...

The Low-Carbon Road: The twin challenges of poverty and climate change are tightly interwoven »
Source: Finance and Development, December 2015
Volume/Issue: 52/4
Series: Finance & Development
Author(s): International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2015
ISBN: 9781475537161
Keywords: energy, carbon, emissions, climate, investment
This article presents an overview of the life of Richard Layard, who believes that the basic purpose of economics is the maximization of happiness and well-being. As director of the Wellbeing Programme at the Londo...

Global Financial Stability Report, October 2015 : Vulnerabilities, Legacies, and Policy Challenges - Risks Rotating to Emerging Markets »
Series: Global Financial Stability Report
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 October 2015
DOI: http://dx.doi.org/10.5089/9781513582047.082
ISBN: 9781513582047
Keywords: Liquidity, global financial crisis, securities markets, corporate debt, commodity prices, corporate bonds, regulations, equity bubble, normalization, risk premiums
The October 2015 Global Financial Stability Report finds that, despite an improvement in financial stability in advanced economies, risks continue to rotate toward emerging markets. The global financial outlook is...

Chapter 22. Fiscal Adjustment and Income Inequality in Brazilian States »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
Introduction This chapter assesses the links between fiscal policy and income inequality in Brazil for the period 1995–2011 by combining fiscal data with household survey information...

Chapter 9. Fiscal Consolidation and Income Inequality »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
Introduction Fiscal adjustment, by its very nature, affects income inequality. It does so through the direct effect of tax increases and government spending cuts on disposable income...

Chapter 8. Fiscal Consolidation and Inequality in Advanced Economies: How Robust Is the Link? »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
[We need a] fiscal policy that focuses not only on efficiency, but also on equity, particularly on fairness in sharing the burden of adjustment, and on protecting the weak and vulnerable....

Chapter 1. Fiscal Policy and Income Inequality: An Overview »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
Introduction Inequality is at the forefront of the economic policy debate in much of the world. This interest comes in the wake of the sizable increases in income disparities that ma...

Chapter 4. Fiscal Redistribution in Developing Countries: Overview of Policy Issues and Options »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
Introduction The developing world has experienced sustained economic growth and poverty reduction during the past two decades. Globally, income inequality has also been on a steady d...

Chapter 6. Functional Income Distribution and Its Role in Explaining Inequality »
Source: Inequality and Fiscal Policy
Series: Books
Author(s): Benedict Clements , Ruud Mooij , Sanjeev Gupta , and Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 September 2015
ISBN: 9781513567754
Keywords: income, tax, taxes, revenue, health
Introduction In the years preceding the global economic and financial crisis, analysts and policymakers wondered about diverging trends between aggregate measures of economic perform...