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5 A Game Theoretic Analysis of Corruption in Bureaucracies

5 A Game Theoretic Analysis of Corruption in Bureaucracies »

Source: Governance, Corruption, and Economic Performance

Series: Books

Author(s): Sanjeev Gupta , and George Abed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589061163

Keywords: decentralization, military spending, military, tax revenue, government expenditure

I. Introduction A fundamental role of the state lies in its provision of a legal order and in its ability to implement and enforce property rights and other formal rules in an econom...

Appendix I Pension Arrangements in an Overlapping-Generations Model

Appendix I Pension Arrangements in an Overlapping-Generations Model »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

This appendix uses an overlapping-generations model to look at the impact of introducing funded and unfunded social security systems, and of replacing an unfunded system with a funded one. The analysis follo...

Appendix II Notes on the Empirical Literature on Pensions and Saving

Appendix II Notes on the Empirical Literature on Pensions and Saving »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Given the theoretical ambiguity of the precise relationship between pensions and saving, the various statistical techniques that have been used to analyze it, and the diversity in actual pension systems and...

Appendix III Brief Notes on the Pension Regimes of Selected Countries

Appendix III Brief Notes on the Pension Regimes of Selected Countries »

Source: Pension Regimes and Saving

Series: Occasional Papers

Author(s): Alfredo Cuevas , George Mackenzie , and Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756404

Keywords: pension, retirement, benefits, pensions, pension plans

Private Plans in Selected Industrial Countries Japan Private retirement plans in Japan are either lump-sum severance payment plans or pension plans tha...

Bank Risk Within and Across Equilibria1

Bank Risk Within and Across Equilibria1 »

Source: Bank Risk Within and Across Equilibria

Volume/Issue: 2014/116

Series: IMF Working Papers

Author(s): Itai Agur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 July 2014

ISBN: 9781498306515

Keywords: Bank risk, Wholesale funding, Adverse selection, Multiple equilibria, banking, systemic risk, bank exposures, bank funding,

The global financial crisis highlighted that the financial system can be most vulnerable when it seems most stable. This paper models non-linear dynamics in banking. Small shocks can lead from an equilibrium with f...

Banking and Trading

Banking and Trading »

Source: Banking and Trading

Volume/Issue: 2012/238

Series: IMF Working Papers

Author(s): Arnoud Boot , and Lev Ratnovski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2012

ISBN: 9781475511215

Keywords: Bank regulation, proprietary trading, relationship banking, Volcker rule, moral hazard, financial markets, bank profits, bank profitability, Government Policy and Regulation,

We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Tr...

1 Banks

1 Banks »

Source: Taxing the Financial Sector : Concepts, Issues, and Practice

Series: Books

Author(s): Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2004

ISBN: 9781589063167

Keywords: financial services, financial institutions, pension, life insurance, tax rules

Traditionally, the core functions of banking were to (1) accept money from, and collect checks for, customers; (2) honor checks for orders drawn on them by customers; (3) keep current accounts, or something...

3 Bureaucratic Corruption and the Rate of Temptation: Do Wages in the Civil Service Affect Corruption, and by How Much?

3 Bureaucratic Corruption and the Rate of Temptation: Do Wages in the Civil Service Affect Corruption, and by How Much? »

Source: Governance, Corruption, and Economic Performance

Series: Books

Author(s): Sanjeev Gupta , and George Abed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589061163

Keywords: decentralization, military spending, military, tax revenue, government expenditure

1. Introduction The importance of adequate remuneration in ensuring an honest civil service is widely recognized in the policy debate. 1 The issue o...

'But we are different!'

'But we are different!' »

Source: 'But we are different!' : 12 Common Weaknesses in Banking Laws, and What to Do About Them

Volume/Issue: 2015/200

Series: IMF Working Papers

Author(s): Wouter Bossu , and Dawn Chew

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2015

ISBN: 9781513586458

Keywords: Banking Regulation, Policy Analysis, banking, laws, bank, banks, Government Policy and Regulation, Corporation and Securities Law, Regulated Industries and Administrative Law,

Well-designed banking laws are critical for regulating the market access and operations of banks, as well as their removal from the market in case of failure. While at a financial policy level there is a broad cons...

Central Bank Independence and Transparency

Central Bank Independence and Transparency »

Source: Central Bank Independence and Transparency : Evolution and Effectiveness

Volume/Issue: 2008/119

Series: IMF Working Papers

Author(s): Christopher Crowe , and Ellen Meade

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781451869798

Keywords: inflation, central bank, inflation targeting, monetary fund

This paper examines the current level of central bank independence (CBI) and transparency in a broad sample of countries using newly constructed measures, and looks at the evolution in both measures from an earlier...