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Central America: Economic Progress and Reforms

Central America: Economic Progress and Reforms »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Central America has made substantial progress in recent years in moving economic reforms forward and deepening regional and global integration. As result of these efforts, the region has experienced higher growth,...

Relative Price Stability, Creditor Rights, and Financial Deepening

Relative Price Stability, Creditor Rights, and Financial Deepening »

Source: Relative Price Stability, Creditor Rights, and Financial Deepening

Volume/Issue: 2007/139

Series: IMF Working Papers

Author(s): Pablo Druck , Alexander Plekhanov , and Mario Dehesa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2007

ISBN: 9781451867039

Keywords: Private credit, creditor rights, volatility, relative price, relative price variability, high inflation, price stability,

The paper provides a theoretical and cross-country empirical analysis of the determinants of financial deepening, and finds that higher credit-to-GDP ratios are associated with stronger creditor rights and lower in...

How Macroeconomic Factors Affect Income Distribution

How Macroeconomic Factors Affect Income Distribution »

Source: How Macroeconomic Factors Affect Income Distribution : The Cross-Country Evidence

Volume/Issue: 1997/152

Series: IMF Working Papers

Author(s): Michael Sarel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1997

ISBN: 9781451922714

Keywords: income distribution, macroeconomic factors, terms of trade, external position, income distribution data, distribution of income

This study develops a cross-section empirical framework to examine the relationship between the macroeconomic environment and trends in income distribution. The macroeconomic variables that are found to be associat...

What Causes Firms to Hide Output? the Determinants of Informality

What Causes Firms to Hide Output? the Determinants of Informality »

Source: What Causes Firms to Hide Output? the Determinants of Informality

Volume/Issue: 2005/160

Series: IMF Working Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861792

Keywords: determinants, institutions, survey, business environment, regulatory burden, probability, firm size, Fiscal Policies and Behavior of Economic Agents: Firm, Education: Other, institution,

In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factor...

chapter 4 Equity and Fiscal Policy: Income Distribution Effects of Taxation and Social Spending

chapter 4 Equity and Fiscal Policy: Income Distribution Effects of Taxation and Social Spending »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Introduction Central America’s high levels of poverty and income inequality place the distributional effects of fiscal policy at the center of policy dialogue. Central American gover...

chapter 6 Financial Sector Development: Equity and Private Debt Markets1

chapter 6 Financial Sector Development: Equity and Private Debt Markets1 »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Introduction Banks and their affiliates dominate the financial system. While growing rapidly, financial intermediation in Central America continues to take place mainly through the b...