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Assessing Fiscal Sustainability

Assessing Fiscal Sustainability »

Source: Assessing Fiscal Sustainability : A Cross-Country Comparison

Volume/Issue: 2003/145

Series: IMF Working Papers

Author(s): Enzo Croce , and V. Juan-Ramon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2003

ISBN: 9781451856569

Keywords: convergence, fiscal rule, public debt, debt ratio, fiscal stance, National Government Expenditures and Related Policies, National Budget, Deficit, and Debt,

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence to the targeted...

Fiscal Indicators for Economic Growth

Fiscal Indicators for Economic Growth »

Source: Fiscal Indicators for Economic Growth : Illusory Search?

Volume/Issue: 1990/76

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1990

ISBN: 9781451957044

Keywords: expenditures, expenditure, capital expenditures, capital expenditure, government expenditure

The search for ways to ensure growth while accommodating necessary expenditure cuts to correct fiscal imbalances, has often led to the advocacy of the government own savings (GOS) measure as an indicator of growth...

Growth Forecast Errors and  Fiscal Multipliers

Growth Forecast Errors and Fiscal Multipliers »

Source: Growth Forecast Errors and Fiscal Multipliers

Volume/Issue: 2013/1

Series: IMF Working Papers

Author(s): Olivier Blanchard , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2013

ISBN: 9781475576443

Keywords: government expenditure, output fluctuations, fiscal consolidation, fiscal multipliers, growth forecast, fiscal balance, General, General, Forecasts of Budgets, Deficits

This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, stronger planned fiscal consolidation has been associated...

Human Capital Accumulation and Public Sector Growth

Human Capital Accumulation and Public Sector Growth »

Source: Human Capital Accumulation and Public Sector Growth

Volume/Issue: 1995/95

Series: IMF Working Papers

Author(s): Vito Tanzi , and Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

ISBN: 9781451950441

Keywords: expenditure, government expenditure, per capita income, per capita income levels, wage expenditure

The present paper takes a fresh theoretical and empirical look into the relationship between Wagner’s law and economic development. It introduces human capital into a classic two-sector model of unbalanced g...

Assessing Fiscal Sustainability
			: A Cross-Country Comparison

Assessing Fiscal Sustainability : A Cross-Country Comparison »

Volume/Issue: 2003/145

Series: IMF Working Papers

Author(s): Enzo Croce , and V. Juan-Ramon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2003

DOI: http://dx.doi.org/10.5089/9781451856569.001

ISBN: 9781451856569

Keywords: convergence, fiscal rule, public debt, debt ratio, fiscal stance, National Government Expenditures and Related Policies, National Budget, Deficit, and Debt,

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence to the targeted...

Fiscal Indicators for Economic Growth
			: Illusory Search?

Fiscal Indicators for Economic Growth : Illusory Search? »

Volume/Issue: 1990/76

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1990

DOI: http://dx.doi.org/10.5089/9781451957044.001

ISBN: 9781451957044

Keywords: expenditures, expenditure, capital expenditures, capital expenditure, government expenditure

The search for ways to ensure growth while accommodating necessary expenditure cuts to correct fiscal imbalances, has often led to the advocacy of the government own savings (GOS) measure as an indicator of growth...

Growth Forecast Errors and  Fiscal Multipliers

Growth Forecast Errors and Fiscal Multipliers »

Volume/Issue: 2013/1

Series: IMF Working Papers

Author(s): Olivier Blanchard , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 2013

DOI: http://dx.doi.org/10.5089/9781475576443.001

ISBN: 9781475576443

Keywords: government expenditure, output fluctuations, fiscal consolidation, fiscal multipliers, growth forecast, fiscal balance, General, General, Forecasts of Budgets, Deficits

This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, stronger planned fiscal consolidation has been associated...

Human Capital Accumulation and Public Sector Growth

Human Capital Accumulation and Public Sector Growth »

Volume/Issue: 1995/95

Series: IMF Working Papers

Author(s): Vito Tanzi , and Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

DOI: http://dx.doi.org/10.5089/9781451950441.001

ISBN: 9781451950441

Keywords: expenditure, government expenditure, per capita income, per capita income levels, wage expenditure

The present paper takes a fresh theoretical and empirical look into the relationship between Wagner’s law and economic development. It introduces human capital into a classic two-sector model of unbalanced g...

Increasing Public Sector Revenue in the Philippines
			: Equity and Efficiency Considerations

Increasing Public Sector Revenue in the Philippines : Equity and Efficiency Considerations »

Volume/Issue: 2005/22

Series: IMF Working Papers

Author(s): Kevin Fletcher

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

DOI: http://dx.doi.org/10.5089/9781451860412.001

ISBN: 9781451860412

Keywords: revenue, incidence, VAT, tax incentives, tax administration, tax system, tax rates, tax revenue, Subsidies and Revenue, National Government Expenditures and Related Policies

Public sector revenue has declined markedly in the Philippines over the past seven years. Most observers of the Philippine economy agree that rebuilding public sector revenue will be critical to reducing deficits a...

Indonesia
			: Managing Decentralization

Indonesia : Managing Decentralization »

Volume/Issue: 2002/136

Series: IMF Working Papers

Author(s): Ehtisham Ahmad , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

DOI: http://dx.doi.org/10.5089/9781451855821.001

ISBN: 9781451855821

Keywords: Intergovernmental Relations, decentralization, expenditure, expenditure responsibilities, provincial governments, expenditures, State And Local Government,

The process of decentralization in Indonesia was initiated after a long period of autocratic rule. Despite the political imperatives, there is a need to carefully sequence the fiscal decentralization to ensure that...