Capital Mobility

Capital Mobility
Author: Leonardo Leiderman
Publisher: Cambridge University Press
Total Pages: 400
Release: 1994-07-14
Genre: Business & Economics
ISBN: 9780521454384

This edited volume examines capital mobility in both industrialised and developing countries.

The Euro Area Crisis

The Euro Area Crisis
Author: Davide Furceri
Publisher: International Monetary Fund
Total Pages: 34
Release: 2013-09-25
Genre: Business & Economics
ISBN: 1484334205

The aim of this paper is to assess the effectiveness of risk sharing mechanisms in the euro area and whether a supranational fiscal risk sharing mechanism could insure countries against very severe downturns. Using an unbalanced panel of 15 euro area countries over the period 1979-2010, the results of the paper show that: (i) the effectiveness of risk sharing mechanisms in the euro area is significantly lower than in existing federations (such as the U.S. and Germany) and (ii) it falls sharply in severe downturns just when it is needed most; (iii) a supranational fiscal stabilization mechanism, financed by a relatively small contribution, would be able to fully insure euro area countries against very severe, persistent and unanticipated downturns.

Active Labour Market Policies Around the World

Active Labour Market Policies Around the World
Author: Peter Auer
Publisher: International Labour Organization
Total Pages: 104
Release: 2005
Genre: Business & Economics
ISBN: 9789221157892

Active labor market policies (ALMPs) are found in almost all countries of the world but differ in amplitude, design, and implementation. Comprising an array of measures, ALMPs can take the form of special support for job searching, training and education for the unemployed, and various other subsidies and job creation activities. While providing a valuable overview of the nature of these policies, this book examines some of the pitfalls and challenges countries face when evaluating them. It also provides a policy framework for designing ALMPs that are permanent yet adaptable instruments to cope with changes linked to globalization. Contents Introduction Historical background of ALMPs Definition and functions of ALMPs Contribution of ALMPs to the objectives of employment creation, security in change, equity and poverty reduction Differences in the utilization of ALMPs: Developed, transition and developing countries Evaluation of ALMPs New trends in ALMPs Conclusions: A framework for the management of change Bibliography

Smooth Operator: Remittances and Fiscal Shocks

Smooth Operator: Remittances and Fiscal Shocks
Author: Ms.Kimberly Beaton
Publisher: International Monetary Fund
Total Pages: 39
Release: 2017-07-21
Genre: Business & Economics
ISBN: 1484311787

With 250 million migrants globally, remittances are one of the major sources of income in many developing countries. While there is abundant evidence that remittances facilitate consumption smoothing in receving countries, the literature has not considered whether this effect varies with the fiscal stance and during fiscal shocks. Therefore, we investigate the impact of remittances on the stability of household consumption, using both cross-country and household-level datasets. Our focus is on whether the consumption-smoothing effect changes with fiscal policy phases and whether remittances and government support are substitutes or complements in stabilizing household consumption. We find that remittances help smooth consumption, and hence improve welfare, more during fiscal consolidation episodes, while this impact is insignificant during fiscal expansions. The results also indicate that the effect is more pronounced in countries with greater reliance on remittances.

Handbook of Monetary Policy

Handbook of Monetary Policy
Author: Jack Rabin
Publisher: CRC Press
Total Pages: 1009
Release: 2020-04-30
Genre: Business & Economics
ISBN: 0585425515

This handbook explains the development and implementation of monetary policy. It examines theories and issues related to the preservation of economic activity and explores why the preservation of economic stability is a principal goal of public policy.

The Analysis of Household Surveys

The Analysis of Household Surveys
Author: Angus Deaton
Publisher: World Bank Publications
Total Pages: 492
Release: 1997
Genre: Business & Economics
ISBN: 9780801852541

Using data from several countries, including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, this book analyzes household survey data from developing countries and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues.

National Saving and Economic Performance

National Saving and Economic Performance
Author: B. Douglas Bernheim
Publisher: University of Chicago Press
Total Pages: 408
Release: 1991-05
Genre: Business & Economics
ISBN: 9780226044040

"... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.

Hospital Financing in Seven Countries

Hospital Financing in Seven Countries
Author: Miriam M. Wiley
Publisher: Congress
Total Pages: 176
Release: 1995
Genre: Business & Economics
ISBN:

Examines hospital financing in Canada, England France, Germany, the Netherlands, Sweden and the United States.