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Fiscal Redistribution and Social Welfare

Fiscal Redistribution and Social Welfare »

Article

Source: Fiscal Redistribution and Social Welfare

Volume/Issue: 2019/51

Series: IMF Working Papers

Author(s): David Coady , Devin D'Angelo , and Brooks Evans

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2019

ISBN: 9781484398081

Keywords: Social security, Income distribution, Personal income taxes, Social welfare programs, Fiscal policy, Fiscal redistribution, progressivity, targeting, transfers, taxes

Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself...

Fiscal Redistribution and Social Welfare

Fiscal Redistribution and Social Welfare »

Journal Issue

Volume/Issue: 2019/51

Series: IMF Working Papers

Author(s): David Coady , Devin D'Angelo , and Brooks Evans

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2019

DOI: http://dx.doi.org/10.5089/9781484398081.001

ISBN: 9781484398081

Keywords: Social security, Income distribution, Personal income taxes, Social welfare programs, Fiscal policy, Fiscal redistribution, progressivity, targeting, transfers, taxes

Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself...

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward? »

Article

Source: Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Volume/Issue: 2019/37

Series: IMF Working Papers

Author(s): Constance de Soyres , Anna Rogantini Picco , and Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2019

ISBN: 9781484396247

Keywords: Domestic debt, Real interest rates, Economic growth, Heavily indebted poor countries, Interest rate increases, Debt build-up;Frontier LIDCs;global and country-specific factors;debt-to-GDP ratio;debt-to-GDP;country-specific;federal fund rate;fund rate

This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ra...

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward?

Debt Build-up in Frontier Low-Income Developing Countries (LIDCs) since 2012: Global or Country-specific Factors and Way Forward? »

Journal Issue

Volume/Issue: 2019/37

Series: IMF Working Papers

Author(s): Constance de Soyres , Anna Rogantini Picco , and Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2019

DOI: http://dx.doi.org/10.5089/9781484396247.001

ISBN: 9781484396247

Keywords: Domestic debt, Real interest rates, Economic growth, Heavily indebted poor countries, Interest rate increases, Debt build-up;Frontier LIDCs;global and country-specific factors;debt-to-GDP ratio;debt-to-GDP;country-specific;federal fund rate;fund rate

This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ra...

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s »

Article

Source: Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Volume/Issue: 2019/32

Series: IMF Working Papers

Author(s): Johannes Wiegand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484394724

Keywords: Currency reform, Fixed exchange rates, Exchange rate regimes, Currency question, Gold, Bimetallism;Gold Standard;France;Germany;Flandreau;specie;silver specie;gold currency

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries t...

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s »

Journal Issue

Volume/Issue: 2019/32

Series: IMF Working Papers

Author(s): Johannes Wiegand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

DOI: http://dx.doi.org/10.5089/9781484394724.001

ISBN: 9781484394724

Keywords: Currency reform, Fixed exchange rates, Exchange rate regimes, Currency question, Gold, Bimetallism;Gold Standard;France;Germany;Flandreau;specie;silver specie;gold currency

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries t...

Inequality of Opportunity, Inequality of Income and Economic Growth

Inequality of Opportunity, Inequality of Income and Economic Growth »

Journal Issue

Volume/Issue: 2019/34

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

DOI: http://dx.doi.org/10.5089/9781484396988.001

ISBN: 9781484396988

Keywords: Income inequality, Economic growth, Income distribution, Income shocks, Human capital, Intergenerational Mobility;Growth;Gini;inequality;elasticity;unequal access;Brueckner

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by int...

Inequality of Opportunity, Inequality of Income and Economic Growth

Inequality of Opportunity, Inequality of Income and Economic Growth »

Article

Source: Inequality of Opportunity, Inequality of Income and Economic Growth

Volume/Issue: 2019/34

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484396988

Keywords: Income inequality, Economic growth, Income distribution, Income shocks, Human capital, Intergenerational Mobility;Growth;Gini;inequality;elasticity;unequal access;Brueckner

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by int...

Inequality in Good and Bad Times: A Cross-Country Approach

Inequality in Good and Bad Times: A Cross-Country Approach »

Journal Issue

Volume/Issue: 2019/20

Series: IMF Working Papers

Author(s): Burcu Hacibedel , Pierre Mandon , Priscilla Muthoora , and Nathalie Pouokam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2019

DOI: http://dx.doi.org/10.5089/9781484392911.001

ISBN: 9781484392911

Keywords: Developing countries, Inequality, Growth, Mediation analysis, Equity, Justice, and Other Normative Criteria and Measurement, General

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely rever...

Inequality in Good and Bad Times: A Cross-Country Approach

Inequality in Good and Bad Times: A Cross-Country Approach »

Article

Source: Inequality in Good and Bad Times: A Cross-Country Approach

Volume/Issue: 2019/20

Series: IMF Working Papers

Author(s): Burcu Hacibedel , Pierre Mandon , Priscilla Muthoora , and Nathalie Pouokam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2019

ISBN: 9781484392911

Keywords: Developing countries, Inequality, Growth, Mediation analysis, Equity, Justice, and Other Normative Criteria and Measurement, General

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely rever...