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The Distributional Bias of Public Education

The Distributional Bias of Public Education »

Source: The Distributional Bias of Public Education : Causes and Consequences

Volume/Issue: 2004/214

Series: IMF Working Papers

Author(s): Mark Gradstein , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451875027

Keywords: Public education, incidence bias, inequality, education spending, income inequality, private education, Publicly Provided Private Goods, Macroeconomic Analyses of Economic Development,

While public education is often intended to be progressive in its effects on income distribution, in reality its incidence is often skewed toward the rich. This paper argues that the extent of this bias is directly...

Financial Globalization and Fiscal Perfomance in Emerging Markets

Financial Globalization and Fiscal Perfomance in Emerging Markets »

Source: Financial Globalization and Fiscal Perfomance in Emerging Markets

Volume/Issue: 2005/212

Series: IMF Working Papers

Author(s): David Hauner , and Manmohan Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862317

Keywords: interest rate spreads, external debt, fiscal transparency, debt service, fiscal impact, National Government Expenditures And Related Policies,

In recent years financial globalization and benign global market conditions have helped emerging markets in their external financing and budgetary positions. This paper examines three related issues: (i) the import...

The Global Credit Crunch and Foreign Banks' Lending to Emerging Markets

The Global Credit Crunch and Foreign Banks' Lending to Emerging Markets »

Source: The Global Credit Crunch and Foreign Banks' Lending to Emerging Markets : Why Did Latin America Fare Better?

Volume/Issue: 2010/102

Series: IMF Working Papers

Author(s): Kulwant Rai , and Herman Kamil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781455200610

Keywords: global: credit crunch, cross-border lending, foreign banks, foreign bank, international settlements, foreign currency, foreign affiliates, International Lending and Debt Problems, Financial Aspects of Economic Integration, International Finance Forecasting and Simulation,

The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions contracted shar...

Global Poverty Estimates

Global Poverty Estimates »

Source: Global Poverty Estimates : A Sensitivity Analysis

Volume/Issue: 2011/234

Series: IMF Working Papers

Author(s): Camelia Minoiu , and Shatakshee Dhongde

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463922009

Keywords: global poverty, household surveys, international poverty line, poverty line, surveys, statistics, Semiparametric and Nonparametric Methods, Personal Income, Wealth, and Their Distributions

Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity analysis to highlight the importance of methodological choices in estimating global poverty. We...

How Does Financial Globalization Affect Risk Sharing? Patterns and Channels

How Does Financial Globalization Affect Risk Sharing? Patterns and Channels »

Source: How Does Financial Globalization Affect Risk Sharing? Patterns and Channels

Volume/Issue: 2007/238

Series: IMF Working Papers

Author(s): Marco Terrones , Ayhan Kose , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2007

ISBN: 9781451868029

Keywords: risk sharing, emerging markets, financial globalization,

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk...

What is Behind Latin America’s Declining Income Inequality?*

What is Behind Latin America’s Declining Income Inequality?* »

Source: What is Behind Latin America's Declining Income Inequality?

Volume/Issue: 2014/124

Series: IMF Working Papers

Author(s): Evridiki Tsounta , and Anayochukwu Osueke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2014

ISBN: 9781498378581

Keywords: Gini, emerging economies, Kuznets, gini coefficient, kuznets curve, declining inequality, Personal Income and Wealth Distribution, Equity, Justice, Inequality

Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the worl...