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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 Credit Shocks Matter? A Global Perspective

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

DOI: http://dx.doi.org/10.5089/9781455209613.001

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...

Redistribution Through Public Employment
			: The Case of Italy

Redistribution Through Public Employment : The Case of Italy »

Volume/Issue: 1999/177

Series: IMF Working Papers

Author(s): Stephan Danninger , Alberto Alesina , and Massimo Rostagno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

DOI: http://dx.doi.org/10.5089/9781451858853.001

ISBN: 9781451858853

Keywords: Public Employment, Redistribution of Income, Public Policy and Economic Behavior of Agents, employment, unemployment, work experience, job search

This paper examines the regional distribution of public employment in Italy and documents two sets of facts. The first is the use of public employment as a subsidy from the North to the less wealthy South. We calcu...

Redistribution Through Public Employment

Redistribution Through Public Employment »

Source: Redistribution Through Public Employment : The Case of Italy

Volume/Issue: 1999/177

Series: IMF Working Papers

Author(s): Stephan Danninger , Alberto Alesina , and Massimo Rostagno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

ISBN: 9781451858853

Keywords: Public Employment, Redistribution of Income, Public Policy and Economic Behavior of Agents, employment, unemployment, work experience, job search

This paper examines the regional distribution of public employment in Italy and documents two sets of facts. The first is the use of public employment as a subsidy from the North to the less wealthy South. We calcu...