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After Paris: Fiscal, Macroeconomic and Financial Implications of Global Climate Change

After Paris: Fiscal, Macroeconomic and Financial Implications of Global Climate Change »

Source: After Paris : Fiscal, Macroeconomic and Financial Implications of Global Climate Change

Volume/Issue: 2016/1

Series: Staff Discussion Notes

Author(s): Mai Farid , Michael Keen , Michael Papaioannou , Ian Parry , Catherine Pattillo , and Anna Ter-Martirosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2016

ISBN: 9781513506562

Keywords: Financial markets, Fiscal policy, Climate mitigation, climate finance, adaptation, climate, carbon, emissions, climate change, co

This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigat...

Catalyst for Change

Catalyst for Change »

Source: Catalyst for Change : Empowering Women and Tackling Income Inequality

Volume/Issue: 2015/20

Series: Staff Discussion Notes

Author(s): Christian Gonzales , Sonali Jain-Chandra , Kalpana Kochhar , Monique Newiak , and Tlek Zeinullayev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2015

ISBN: 9781513533384

Keywords: Income inequality, Women, Income distribution, Gender, Labor force participation, female labor force participation, gender equity, inequality, gender inequality, labor force

This study shows empirically that gender inequality and income inequality are strongly interlinked, even after controlling for standard drivers of income inequality. The study analyzes gender inequality by using an...

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality »

Source: Causes and Consequences of Income Inequality : A Global Perspective

Volume/Issue: 2015/13

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Kalpana Kochhar , Nujin Suphaphiphat , Frantisek Ricka , and Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2015

ISBN: 9781513555188

Keywords: Cross-country analysis, Inequality, Gini coefficient, income, income inequality, middle class, income share, Equity, Justice, and Other Normative Criteria and Measurement

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill...

Financial Inclusion

Financial Inclusion »

Source: Financial Inclusion : Can it Meet Multiple Macroeconomic Goals?

Volume/Issue: 2015/17

Series: Staff Discussion Notes

Author(s): Ratna Sahay , Martin Cihak , Papa N'Diaye , Adolfo Barajas , Srobona Mitra , Annette Kyobe , Yen Mooi , and Reza Yousefi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2015

ISBN: 9781513585154

Keywords: Financial services, Economic growth, Inclusive growth, Household credit, Business enterprises, Financial sector, Income inequality, Gender, Economic stability, Financial stability

Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial inclusion, but the...

Global Implications of Lower Oil Prices

Global Implications of Lower Oil Prices »

Source: Global Implications of Lower Oil Prices

Volume/Issue: 2015/15

Series: Staff Discussion Notes

Author(s): Aasim Husain , Rabah Arezki , Peter Breuer , Vikram Haksar , Thomas Helbling , Paulo Medas , and Martin Sommer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513532417

Keywords: Oil price, fuel taxes and subsidies, fiscal vulnerabilities, external vulnerabilities, exchange rate regime, oil, prices, price, oil prices, energy

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the...

After Paris
			: Fiscal, Macroeconomic and Financial Implications of Global Climate Change

After Paris : Fiscal, Macroeconomic and Financial Implications of Global Climate Change »

Volume/Issue: 2016/1

Series: Staff Discussion Notes

Author(s): Mai Farid , Michael Keen , Michael Papaioannou , Ian Parry , Catherine Pattillo , and Anna Ter-Martirosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2016

DOI: http://dx.doi.org/10.5089/9781513506562.006

ISBN: 9781513506562

Keywords: Financial markets, Fiscal policy, Climate mitigation, climate finance, adaptation, climate, carbon, emissions, climate change, co

This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigat...

Catalyst for Change
			: Empowering Women and Tackling Income Inequality

Catalyst for Change : Empowering Women and Tackling Income Inequality »

Volume/Issue: 2015/20

Series: Staff Discussion Notes

Author(s): Christian Gonzales , Sonali Jain-Chandra , Kalpana Kochhar , Monique Newiak , and Tlek Zeinullayev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2015

DOI: http://dx.doi.org/10.5089/9781513533384.006

ISBN: 9781513533384

Keywords: Income inequality, Women, Income distribution, Gender, Labor force participation, female labor force participation, gender equity, inequality, gender inequality, labor force

This study shows empirically that gender inequality and income inequality are strongly interlinked, even after controlling for standard drivers of income inequality. The study analyzes gender inequality by using an...

Causes and Consequences of Income Inequality
			: A Global Perspective

Causes and Consequences of Income Inequality : A Global Perspective »

Volume/Issue: 2015/13

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Kalpana Kochhar , Nujin Suphaphiphat , Frantisek Ricka , and Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2015

DOI: http://dx.doi.org/10.5089/9781513555188.006

ISBN: 9781513555188

Keywords: Cross-country analysis, Inequality, Gini coefficient, income, income inequality, middle class, income share, Equity, Justice, and Other Normative Criteria and Measurement

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill...

Financial Inclusion
			: Can it Meet Multiple Macroeconomic Goals?

Financial Inclusion : Can it Meet Multiple Macroeconomic Goals? »

Volume/Issue: 2015/17

Series: Staff Discussion Notes

Author(s): Ratna Sahay , Martin Cihak , Papa N'Diaye , Adolfo Barajas , Srobona Mitra , Annette Kyobe , Yen Mooi , and Reza Yousefi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2015

DOI: http://dx.doi.org/10.5089/9781513585154.006

ISBN: 9781513585154

Keywords: Financial services, Economic growth, Inclusive growth, Household credit, Business enterprises, Financial sector, Income inequality, Gender, Economic stability, Financial stability

Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial inclusion, but the...

Fiscal Policy in Latin America
			: Lessons and Legacies of the Global Financial Crisis

Fiscal Policy in Latin America : Lessons and Legacies of the Global Financial Crisis »

Volume/Issue: 2015/6

Series: Staff Discussion Notes

Author(s): Oya Celasun , Francesco Grigoli , Keiko Honjo , Javier Kapsoli , Alexander Klemm , Bogdan Lissovolik , Jan Luksic , Marialuz Moreno Badia , Joana Pereira , Marcos Poplawski-Ribeiro , Baoping Shang , and Yulia Ustyugova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

DOI: http://dx.doi.org/10.5089/9781498304412.006

ISBN: 9781498304412

Keywords: Fiscal policy, Latin America, fiscal institutions, debt, expenditure, financial crisis, Structure and Scope of Government, General, General, General,

Latin America's bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet r...