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Do Fiscal Spillovers Matter?

Do Fiscal Spillovers Matter? »

Source: Do Fiscal Spillovers Matter?

Volume/Issue: 2011/211

Series: IMF Working Papers

Author(s): Sebastian Weber , and Anna Ivanova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463902315

Keywords: coordinated fiscal exit, fiscal changes, fiscal consolidation, fiscal measure, Macroeconomic Aspects Of International Trade And Finance, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook, general Aggregative Models,

The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggr...

Additional Evidenceon Ems Interest Rate Linkages

Additional Evidenceon Ems Interest Rate Linkages »

Source: Additional Evidenceon Ems Interest Rate Linkages

Volume/Issue: 1996/115

Series: IMF Working Papers

Author(s): John Thornton , and Alicia García-Herrero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1996

ISBN: 9781451942941

Keywords: interest rates, cointegration, statistics, granger causality, equation

This note examines interest rate linkages within the EMS. Cointegration tests suggest the existence of a long-run equilibrium relationship between German and other EMS interest rates. Bivariate VAR analysis finds t...

Germany

Germany »

Source: Germany : 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germany

Volume/Issue: 2011/168

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 July 2011

ISBN: 9781455296729

Keywords: commercial banks, credit cooperatives, domestic demand, unemployment rate, domestic investment

Germany's economic growth and recovery from the global crisis are explained in this study. Tax, education, and innovation policies are specific measures supported by the authorities. External and financial shocks r...

Italy-Assessing Competition and Efficiency in the Banking System

Italy-Assessing Competition and Efficiency in the Banking System »

Source: Italy-Assessing Competition and Efficiency in the Banking System

Volume/Issue: 2007/26

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865905

Keywords: efficiency, merger, banking sector, mergers,

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The...

Public Policy and the Enviroment

Public Policy and the Enviroment »

Source: Public Policy and the Enviroment : Survey of the Literature

Volume/Issue: 1990/56

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1990

ISBN: 9781451968057

Keywords: environmental degradation, pollution, environment, environmental protection, environmental problems

This paper notes that market failure, policy failures, and population pressures are major sources of environmental degradation and that linkages between economic activities and the environment exist at the levels o...

Germany

Germany »

Source: Germany : Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

Volume/Issue: 2010/78

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 2010

ISBN: 9781451981810

Keywords: law enforcement, money laundering, legal assistance, professional secrecy, competent authorities

This Detailed Assessment Report reviews antimoney laundering and combating the financing of terrorism (AML/CFT) measures for Germany. The report reveals that Germany has introduced a number of measures in recent ye...

Recent Activity–International Monetary Fund

Recent Activity–International Monetary Fund »

Source: Finance & Development, December 1972

Volume/Issue: 9/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1972

ISBN: 9781616353100

Keywords: pollution, population growth, population problem, demographers, world population

This paper describes what the limits to growth are. The paper highlights that many critical variables in global society-particularly population and industrial production-have been growing at a constant percentage r...

Growth Spillover Dynamics From Crisis to Recovery

Growth Spillover Dynamics From Crisis to Recovery »

Source: Growth Spillover Dynamics From Crisis to Recovery

Volume/Issue: 2011/218

Series: IMF Working Papers

Author(s): Helene Poirson Ward , and Sebastian Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463903510

Keywords: Growth, Crisis, Recovery, Euro zone, domestic demand, trade channels, transmission of shocks, external shocks,

Can positive growth shocks from the faster-growing countries in Europe spill over to the slower growing countries, providing useful tailwinds to their recovery process? This study investigates the potential relevan...

Three Cycles

Three Cycles »

Source: Three Cycles : Housing, Credit, and Real Activity

Volume/Issue: 2009/231

Series: IMF Working Papers

Author(s): Natalia Tamirisa , Alain Kabundi , Deniz Igan , Francisco Nadal De Simone , and Marcelo Pinheiro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2009

ISBN: 9781451873788

Keywords: Macro-financial linkages, house prices, business cycle, lead, spillovers,

We examine the characteristics and comovement of cycles in house prices, credit, real activity and interest rates in advanced economies during the past 25 years, using a dynamic generalized factor model. House pric...

The Role of Contractual Savings

The Role of Contractual Savings »

Source: Finance & Development, December 1972

Volume/Issue: 9/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1972

ISBN: 9781616353100

Keywords: pollution, population growth, population problem, demographers, world population

This paper describes what the limits to growth are. The paper highlights that many critical variables in global society-particularly population and industrial production-have been growing at a constant percentage r...