Search Results

The macroeconomic impact of foreign exchange intervention

some cross-country empirical findings

Author: Jin, Zhongxia; Wang, Haobin; Zhao, Yue

Published: April 2021

Publisher: International Monetary Fund, [Washington, D.C.]

Based on VAR analyses across 26 countries, we show that, although foreign exchange intervention (FXI) is effective in stabilizing the nominal exchange rate in the short run, its impacts on the real exchange rate are less significant: Limitations on... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Based on VAR analyses across 26 countries, we show that, although foreign exchange intervention (FXI) is effective in stabilizing the nominal exchange rate in the short run, its impacts on the real exchange rate are less significant: Limitations on nominal exchange rate flexibility may induce adjustments to the real exchange rate through domestic prices. We find that countries that intervene more heavily in response to external shocks experience greater general and asset price volatility, which is not conducive to countering the impact of external shocks. We show that China's macroeconomic responses to external shocks are broadly consistent with international experiences among intervening countries. The simple methodological framework adopted in this paper is meant to examine a broad set of macroeconomic variables and bears limitations; our findings serve to motivate more structural analysis on FXI's macroeconomic impacts going forward

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513571959
Other identifier:	doi: 10.5089/9781513571959.001
Series:	IMF working paper ; WP/21, 126
Subjects:	foreign exchange intervention; exchange rate; Chinese economy; Inflation; inflation; Informal Economy; Price Level; Underground Econom; Foreign Exchange; International Economics; Banks and Banking; Economics: General; Deflation; Interest Rates: Determination, Term Structure, and Effects; Economic & financial crises & disasters; Economics of specific sectors; Currency; Foreign exchange; Macroeconomics; Finance; Real exchange rates; Nominal effective exchange rate; Asset prices; Real interest rates; Financial services; Exchange rates; Currency crises; Informal sector; Economics; Foreign exchange; Prices; Interest rates
Scope:	1 Online-Ressource (circa 28 Seiten), Illustrationen

Foreign direct investment, prices and efficiency

evidence from India

Author: Ali, Nesma; Stiebale, Joel

Published: July 2021

Publisher: Heinrich-Heine-University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), Düsseldorf, Germany

This paper uses a rich panel data set of Indian manufacturing firms to analyze the effects of foreign direct investment (FDI) on various outcomes of domestic firms. We apply recent methodological advances in the estimation of production functions... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

DS 256

Inter-library loan:

No inter-library loan

This paper uses a rich panel data set of Indian manufacturing firms to analyze the effects of foreign direct investment (FDI) on various outcomes of domestic firms. We apply recent methodological advances in the estimation of production functions together with detailed product-level information on prices and quantities to estimate physical productivity, markups and marginal costs. Our results indicate the importance of price adjustments which stem from competitive pressure and a pass-through of cost savings to consumers. In line with the previous literature, we find little evidence for spillovers based on commonly used measures of revenue productivity. In contrast, we measure sizable efficiency gains using measures that are not affected by pricing heterogeneity, such as marginal costs and physical productivity. Exploiting exogenous variation from India's FDI liberalization, we provide evidence that the relationship between exposure to FDI and efficiency is causal. Our results suggest that knowledge spills over across product categories within industries and mainly benefits producers of high-quality products. We also provide evidence that FDI spillovers are stronger for joint ventures and when foreign investors enter via acquisitions.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9783863043629
Other identifier:	hdl: 10419/235550
Series:	Discussion paper / Düsseldorf Institute for Competition Economics (DICE) ; no 363
Subjects:	Foreign Direct Investment; Spillovers; Productivity; Marginal Costs; Prices; Markups; Multi-Product Firms
Scope:	1 Online-Ressource (circa 59 Seiten)

Argentina

ex-post evaluation of exceptional access under the 2018 stand-by arrangement : press release and staff report

Published: December 2021

Publisher: International Monetary Fund, Washington, D.C.

On June 20, 2018, the Executive Board approved the largest stand-by arrangement in the Fund's history, in support of Argentina's 2018-21 economic program. After an augmentation in October 2018, access under the arrangement amounted to USD 57 billion... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 302

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

On June 20, 2018, the Executive Board approved the largest stand-by arrangement in the Fund's history, in support of Argentina's 2018-21 economic program. After an augmentation in October 2018, access under the arrangement amounted to USD 57 billion (1,227 percent of Argentina's IMF quota). The program saw only four of the planned twelve reviews completed, and did not fulfil the objectives of restoring confidence in fiscal and external viability while fostering economic growth. The arrangement was canceled on July 24, 2020

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781616357993
Other identifier:	doi: 10.5089/9781616357993.002
Series:	IMF country report ; no. 21, 279
Subjects:	fund policy; policy choice; Argentina program; IMF arrangement; IMF financial support; government ownership; policy space; Global; Caribbean; Inflation; Inflation targeting; Exchange rates; Fiscal consolidation; International Agreements and Observance; International Organizations; Monetary Policy; Price Level; Deflation; Debt; Debt Management; Sovereign Debt; Fiscal Policy; Monetary economics; International institutions; Macroeconomics; Public finance & taxation; Currency; Foreign exchange; International economics; International organization; Inflation; International Economics; Public debt; Money and Monetary Policy; Public Finance; Monetary policy; International agencies; Prices; Debts, Public; Foreign exchange; Fiscal policy; Foreign Exchange
Scope:	1 Online-Ressource (circa 136 Seiten), Illustrationen

Republic of Azerbaijan

2021 Article IV consultation : press release; and staff report

Published: December 2021

Publisher: International Monetary Fund, Washington, D.C.

Azerbaijan faced unprecedented challenges in 2020. The combined COVID-19 and oil price shocks pushed the economy into recession. A sizeable relief package helped cushion the economic impact from this shock, and the economy has started to recover. Yet... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 302

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Azerbaijan faced unprecedented challenges in 2020. The combined COVID-19 and oil price shocks pushed the economy into recession. A sizeable relief package helped cushion the economic impact from this shock, and the economy has started to recover. Yet the medium-term outlook remains subdued. The long-term fiscal position is unsustainable as oil resources are expected to run out by mid-century. The authorities have laid out strategic goals of accelerated yet sustainable socio-economic development over the next decade and are developing policy plans to that end

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781616359591
Other identifier:	doi: 10.5089/9781616359591.002
Series:	IMF country report ; no. 21, 278
Subjects:	CPI data ROSC; fund Dept; safeguards assessment policy; fund surveillance; transparency policy; International Monetary Fund Washington, d.c; Global; Oil prices; Oil; External sector statistics; International Agreements and Observance; International Organizations; Monetary Policy; Investments: Energy; Statistics; Energy: Demand and Supply; Data Collection and Data Estimation Methodology; Computer Programs: Other; Fiscal Policy; Energy: General; Debt; Debt Management; Sovereign Debt; Monetary economics; International institutions; Macroeconomics; Public finance & taxation; Econometrics & economic statistics; Investment & securities; Banking; International organization; Money and Monetary Policy; International Economics; Commodities; Public debt; Public Finance; Economic and financial statistics; Monetary policy; International agencies; Prices; Fiscal policy; Petroleum industry and trade; Debts, Public; Finance; Statistics; Banks and Banking
Scope:	1 Online-Ressource (circa 68 Seiten), Illustrationen

Republic of Armenia

2021 Article IV consultation, fourth and fifth reviews under the stand-by arrangement, and request for waiver of nonobservance of performance criterion and monetary policy consultation clause : press release; staff report; and statement by the Executive Director for Republic of Armenia

Published: December 2021

Publisher: International Monetary Fund, Washington, D.C.

Armenia has commenced a robust recovery from the deep 2020 recession, benefiting from strong policies and the lifting of the political uncertainty after the elections in June. A gradual but uneven improvement in the pandemic situation, pent-up... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 302

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Armenia has commenced a robust recovery from the deep 2020 recession, benefiting from strong policies and the lifting of the political uncertainty after the elections in June. A gradual but uneven improvement in the pandemic situation, pent-up demand, and the strengthening of public and private investment are expected to drive 2022 growth. Robust growth is expected over the medium term. Risks. Risks are relatively balanced, although uncertainty remains high. Strong reform implementation and accelerating vaccinations could improve the outlook, while risks of a protracted pandemic, renewed geopolitical tensions, a slowdown in major trading partners, and stress from global financial volatility and/or trade tensions could hamper the recovery

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781616357351
Other identifier:	doi: 10.5089/9781616357351.002
Series:	IMF country report ; no. 21, 273
Subjects:	inflation expectation; vaccination rollout; government program; foreign exchange conversion; vaccination rate; response to the pandemic; Global; Inflation; External sector statistics; International Agreements and Observance; International Organizations; Monetary Policy; Taxation; Money and Monetary Policy; Public Finance; Statistics; Data Collection and Data Estimation Methodology; Computer Programs: Other; Price Level; Deflation; Taxation, Subsidies, and Revenue: General; National Government Expenditures and Related Policies: General; General Aggregative Models: General; Monetary economics; International institutions; Public finance & taxation; Econometrics & economic statistics; Currency; Foreign exchange; Finance; International organization; Inflation; International Economics; Economic and financial statistics; Revenue administration; National accounts; Public financial management (PFM); Monetary policy; International agencies; Prices; Economic statistics; Revenue; National income; Finance, Public; Macroeconomics
Scope:	1 Online-Ressource (circa 129 Seiten), Illustrationen

Economics of Service Operations: Information, Simplified Controls and Omnichannel Services

Author: Ghosh, Abhishek

Published: 2021

In this dissertation we consider how simple operational levers affect a firm's revenue and consumer surplus. In particular, we focus on information disclosure as an useful control for omnichannel services. In the first chapter we consider a... more

Access:

Aggregator (lizenzpflichtig)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Inter-library loan:

No inter-library loan

In this dissertation we consider how simple operational levers affect a firm's revenue and consumer surplus. In particular, we focus on information disclosure as an useful control for omnichannel services. In the first chapter we consider a revenue-maximizing service firm that caters to price and delay-sensitive customers. The firm offers a menu of service grades where each grade is associated with a posted price and expected delay. An optimal menu size could be as large as the number of customer classes. However, in practice, we do observe that firms offer a handful number of service grades. We study the revenue loss when the firm offers a simplified menu with a few service grades. Our analysis utilizes a large system approximations under the assumption that the firm has ample capacity to serve the entire market. We set up an optimization model and make use of Taylor series and asymptotic arguments to obtain the revenue loss. We show that, under a simplified menu, the firm could lose a significant fraction of its revenue in the worst case scenario. This happens when there is significant heterogeneity between the customer classes in terms of their delay sensitivities and their valuation for service. In contrast, noting that customer heterogeneity may typically be less extreme, we show that the firm can in fact provide a simplified menu while providing a guarantee on worst case revenue that can be obtained as a fraction of the optimal. We characterize the worst case optimal menu and provide asymptotic bounds to the worst case revenue loss as the number of customer types grow without bound. Characterization of the firm's worst case revenue loss in terms of a measure of heterogeneity can be used to guide decision making when offering a simplified menu of service grades. In the second chapter we examine the role of information disclosure in omnichannel services. With evolving mobile technologies, an increasing number of firms are running multiple channels to serve customers. Due to the novelty of these systems, questions related to the design of such omnichannel systems and their implications for the firm and customers remain open. In particular, the question of whether or not a firm should disclose queue information to its customers in an omnichannel setting has not been extensively addressed in prior literature. Using a queuing game-theoretic framework, we address some of these open questions of design of omnichannel service system, especially focusing on the issue of congestion information disclosure and its impact on customer channel choice behavior. We benchmark the omnichannel model against a conventional single channel model, and compare these settings in terms of the firm’s throughput and average consumer surplus. We find that from the firm’s perspective there is no silver bullet; no channel arrangement delivers the highest throughput for all system parameters. From the customers’ perspective, we once again find that neither the omnichannel nor the single channel system dominates the other in terms of the average consumer surplus for both type of customers combined. The overall consumer surplus depends on the relative proportion of app users and non-app users in the system. Indeed, it is possible that both segments are worse-off when online ordering is offered. In the third chapter, we extend the omnichannel setting to a competitive environment. Increasingly many firms in the quick service industry are offering digital ordering apps to customers. While the option of app-ordering is attractive to customers, still, not all firms offer an app. Even if we ignore the upfront cost of implementation of an app, it is not clear whether offering an app necessarily leads to an increase in revenue for the firm in a competitive setting. A proper evaluation needs to take into consideration the relative capacity of the firms and the sizes of their customer bases. To this end, we examine what is the best-response for a firm when faced with a competitor who offers an app. We find that it might not always be in the firm's best interest to match its competitor in offering an app.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Dissertation
Format:	Online
ISBN:	9798538139415
Series:	Dissertations Abstracts International
Subjects:	Operations research; Scheduling; Optimization; Decision making; Queuing; Approximation; Prices; Performance evaluation; Digital innovation; Information disclosure; Omnichannel services; Pricing in queuing systems; Service operations; Strategic queuing
Scope:	1 Online-Ressource (218 p.)
Notes:	Source: Dissertations Abstracts International, Volume: 83-03, Section: B. - Advisor: Bassamboo, Achal;Lariviere, Martin Dissertation (Ph.D.), Northwestern University, 2021

An Examination of Prices and Wages in Babylonia – Ca. 2000-1600 B.C.E

Author: Farber, Howard Martin

Published: 2021

This dissertation identifies long term fluctuations in prices and wages in northern and southern Babylonia during the Isin-Larsa/Old Babylonian period (ca. 2000-1600 B.C.E.). The introduction orients the reader to the study of prices and wages. It... more

Access:

Aggregator (lizenzpflichtig)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Inter-library loan:

No inter-library loan

This dissertation identifies long term fluctuations in prices and wages in northern and southern Babylonia during the Isin-Larsa/Old Babylonian period (ca. 2000-1600 B.C.E.). The introduction orients the reader to the study of prices and wages. It reviews previous studies, defines objectives, scope, and methodology, presents an overview of the sources for prices and wages, and outlines limitations.The scope of this study includes the following categories:1)prices paid for real estate (houses, fields, orchards), slaves, and livestock2)prices for house rentals3)prices paid for commodities (barley, oil, wool, dates, and sesame)4)wages paid for hired labor.Part I presents and analyzes the data for each category, utilizing charts and graphs to reveal regional price differences and price (or wage) fluctuation at a category level. Part II looks at the data holistically, with the goals of identifying long-term fluctuations of prices and wages for northern and southern Babylonia and correlating their movements with political history. It shows that economic prosperity is, to a large degree, conditional on periods of political stability, which goes hand in hand with powerful rulers.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Dissertation
Format:	Online
ISBN:	9798460457960
Series:	Dissertations Abstracts International
Subjects:	Babylonia; Prices; Prices paid for commodities; Wages for hired labor
Scope:	1 Online-Ressource (318 p.)
Notes:	Source: Dissertations Abstracts International, Volume: 83-04, Section: A. - Advisor: Reculeau, Herve Dissertation (Ph.D.), The University of Chicago, 2021

Essays on the Economics of Suspense, Surprise, Superstars, and Soda

Author: Kaplan, Scott M.

Published: 2021

Economists have always been interested in understanding and estimating demand for different goods. Demand is affected by a number of factors, but one that is very important is information. In this work, I estimate the impacts of both instrumental and... more

Access:

Aggregator (lizenzpflichtig)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Inter-library loan:

No inter-library loan

Economists have always been interested in understanding and estimating demand for different goods. Demand is affected by a number of factors, but one that is very important is information. In this work, I estimate the impacts of both instrumental and non-instrumental information on demand for important and commonly consumed products. Instrumental information is information received by an agent that leads to a contingent action. For instance, receiving information about the negative health effects of consuming sugar sweetened-beverages may affect an agent's decision about how many sugar-sweetened beverages they consume. On the other hand, non-instrumental information is information consumed for the sake of entertainment and attention-capture. For example, information disseminated through the news or a novel may not lead to any direct actions, but is enjoyable and welfare improving nonetheless. My dissertation aims to explore the economic implications of demand in response to information.Chapter one, titled Entertainment Utility from Skill and Thrill, uses revealed preference methods to estimate demand for non-instrumental information in entertainment. I do this by examining the "thrill" associated with the trajectory of an event, which includes both suspense and surprise, and the "skill" of performers in an event. I apply the theory presented in Ely et al. (2015) to conduct an empirical analysis that examines the effect of thrill on consumer attention. I extend the Ely et al. (2015) framework by examining spectator preferences for characteristics of the performers themselves, which I call "skill." I use game-specific, high-temporal frequency television ratings data from the National Basketball Association (NBA) to measure spectator responses to skill and thrill. First, I find that a doubling of skill present in a game leads to an approximately 11% increase in initial viewer turnout, while the expected thrill of a game has no statistically significant impact. Next, I show that thrill during a game increases viewership by 7–30%, while a doubling of skill on the court during a specific portion of a game leads to a 1.9–2.4% increase in viewership, depending on specification. Interestingly, I find a negative interactive effect between suspense and skill, suggesting that heightened suspense leads to differentially higher viewership with lower skill on the court. The findings suggest that skill of information-conveying agents primarily impacts viewership on the extensive margin (across games), while thrill is highly time-dependent and primarily impacts viewership on the intensive margin (within games). These findings have important implications for entertainment media companies, including leagues and television broadcasters, and advertisers.Chapter two, titled The Economic Value of Popularity: Evidence from Superstars in the National Basketball Association, estimates spectator willingness-to-pay for superstars in the National Basketball Association. Using microdata from an online secondary ticket marketplace and exogenous player absence announcements, I find 4–16% ($7–$42) reductions in prices when superstars are announced to miss games. Additionally, LeBron James and Stephen Curry exhibit even larger impacts in away game absences—21% ($75/ticket) for LeBron and 18% ($55/ticket) for Curry. The results suggest popularity is a more significant determinant of WTP than ability, and in line with existing superstar literature, popularity predicts price impacts convexly. This paper provides a novel methodology to estimate superstar value, generating implications for the entertainment industry.Chapter three, titled Soda Wars: The Effect of a Soda Tax Election on University Beverage Sales, examines how soda sales changed due to the campaign attention and election outcome of a local excise tax on sugar-sweetened beverages (SSB), commonly referred to as a soda tax. Using panel data of beverage sales from university retailers in Berkeley, California, we estimate that soda purchases relative to control beverages significantly dropped immediately after the election, months before the tax was implemented in the city of Berkeley or on campus. Supplemental scanner data from off-campus drug stores reveal this result is not unique to the university setting. The findings suggest soda tax media coverage and election outcomes can have larger effects on purchasing behavior than the tax itself.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Dissertation
Format:	Online
ISBN:	9798535551418
Series:	Dissertations Abstracts International
Subjects:	Research; Decision making; Tournaments & championships; Election results; Probability; Prices; Literature reviews; Ratings & rankings; Professional basketball; Seminars; Political advertising; Applied microeconomics; Consumer attention; Entertainment; Information; Sugar-sweetened beverages; Willingness to pay
Scope:	1 Online-Ressource (140 p.)
Notes:	Source: Dissertations Abstracts International, Volume: 83-03, Section: A. - Advisor: Zilberman, David;Sallee, James Dissertation (Ph.D.), University of California, Berkeley, 2021

Essays on Markets and Institutions

Author: Gonzalez Lira, Andres

Published: 2021

This dissertation studies how agents and firms interplay under different market institutions. In the first two chapters, co-authored with Rodrigo Carril and Michael Walker, we study the implications of policies oriented to intensify competition for... more

Access:

Aggregator (lizenzpflichtig)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Inter-library loan:

No inter-library loan

This dissertation studies how agents and firms interplay under different market institutions. In the first two chapters, co-authored with Rodrigo Carril and Michael Walker, we study the implications of policies oriented to intensify competition for procurement contracts. Conceptually, opening contracts up to bids by more participants leads to lower acquisition costs. However, expanding the set of bidders hinders buyers' control over the quality of prospective contractors, potentially exacerbating adverse selection on non-contractible quality dimensions. We study this trade-off in the context of procurement by the U.S. Department of Defense. Our empirical strategy leverages regulation that mandates agencies to publicize contract opportunities whose value is expected to exceed a certain threshold. We find that advertising contract solicitations increases competition and leads to a different pool of selected vendors who, on average, offer lower prices. However, it also worsens post-award performance, resulting in more cost overruns and delays. This negative effect on post-award performance is driven by goods and services that are relatively complex, highlighting the role of contract incompleteness. To further study the scope of this tension, we develop and estimate a model in which the buyer chooses the extent of competition, and the invited sellers decide on auction participation and bidding. We estimate sellers' cost and ex-post quality distributions, as well as buyers' preference parameters over contract outcomes. Simulating equilibrium conditions under counterfactual settings, we benchmark the current regulation design with complexity-tailored publicity requirements, and find that adjustments to publicity requirements could provide savings of 2 percent of spending, or $104 million annually. One of the main roles of the government involves enacting and enforcing regulation aimed at curbing the undesired behavior of agents. In the third chapter, co-authored with Mushfiq Mobarak, we study the consequences of deploying enforcement activities over illegal activities in local markets in Chile. The paper grapples with a key real-world feature that is that regulated agents adapt to circumvent enforcement. We present and test a model of enforcement with learning and adaptation by auditing vendors selling illegal fish in Chile in a randomized controlled trial and tracking them daily using mystery shoppers. Leveraging experimental variation on the frequency and predictability of enforcement, we can test the model's predictions and find that conducting audits on a predictable schedule and (counter-intuitively) at high frequency is less effective, as agents learn to take advantage of loopholes. A consumer information campaign proves to be almost as cost-effective and curbing illegal sales and obviates the need for complex monitoring and policing. The Chilean government subsequently chooses to scale up this campaign.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Dissertation
Format:	Online
ISBN:	9798535551746
Series:	Dissertations Abstracts International
Subjects:	Business administration; Data collection; Prices; Departments; Estimates; Enforcement; Markets; Institutions
Scope:	1 Online-Ressource (198 p.)
Notes:	Source: Dissertations Abstracts International, Volume: 83-03, Section: A. - Advisor: Tadelis, Steven Dissertation (Ph.D.), University of California, Berkeley, 2021

Taking stock of IMF capacity development on monetary policy forecasting and policy analysis systems

Author: Mæhle, Nils Øyvind; Hlédik, Tibor; Selander, Carina; Pranovich, Mikhail

Published: 2021 DEC

Publisher: International Monetary Fund, Publication Services, Washington, DC, U.S.A.

This paper takes stock of forecasting and policy analysis system capacity development (FPAS CD), drawing extensively on the experience and lessons learned from developing FPAS capacity in the central banks. By sharing the insights gained during FPAS... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 297

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

This paper takes stock of forecasting and policy analysis system capacity development (FPAS CD), drawing extensively on the experience and lessons learned from developing FPAS capacity in the central banks. By sharing the insights gained during FPAS CD delivery and outlining the typical tools developed in the process, the paper aims to facilitate the understanding of FPAS CD within the IMF and to inform future CD on building macroeconomic frameworks. As such, the paper offers a qualitative assessment of the experience with FPAS CD delivery and the use of FPAS in the decision-making process in central banks

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Book
Format:	Online
Other identifier:	doi: 10.5089/9781557753274.087
Series:	Departmental paper / International Monetary Fund ; DP/2021, 026
Subjects:	Forecasting and Policy Analysis System; FPAS; policy analysis system; monetary policy forecasting; IMF Library; capital markets department; FPAS capacity; Sub-Saharan Africa; Europe; Africa; Central Banks; Forecasting and Policy Analysis System; FPAS; Central Banks; Central bank policy rate; Exchange rates; Market interest rates; Output gap; Central Banks and Their Policies; Financial Forecasting and Simulation; Finance: General; Interest Rates: Determination, Term Structure, and Effects; Macroeconomics: Production; Price Level; Inflation; Deflation; General Financial Markets: General (includes Measurement and Data); Political economy; International institutions; Banking; Macroeconomics; Currency; Foreign exchange; Finance; Development economics & emerging economies; Forecasting; Banks and Banking; Financial services; Money and Monetary Policy; Foreign Exchange; Production and Operations Management; Production; Inflation; Banks and banking, Central; Economic forecasting; Interest rates; Foreign exchange; Production; Economic theory; Prices; Capital market
Scope:	1 Online-Ressource (circa 68 Seiten), Illustrationen

Asset purchases and direct financing

guiding principles for emerging markets and developing economies during COVID-19 and beyond

Author: Adrian, Tobias; Erceg, Christopher J.; Gray, Simon; Sahay, Ratna

Published: 2021 DEC

Publisher: International Monetary Fund, Publication Services, Washington, DC, U.S.A.

Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus more

Access:

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 297

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Book
Format:	Online
Other identifier:	doi: 10.5089/9781513594101.087
Series:	Departmental paper / International Monetary Fund ; DP/2021, 023
Subjects:	Asset purchases; Emerging Markets; Direct Financing; Fiscal Dominance; Money and Monetary Policy; Banks and Banking; Accounting; Finance: General; Monetary Policy; Central Banks and Their Policies; Policy Objectives; Policy Designs and Consistency; Policy Coordination; Price Level; Deflation; Interest Rates: Determination, Term Structure, and Effects; Public Administration; Public Sector Accounting and Audits; General Financial Markets: General (includes Measurement and Data); Political economy; International institutions; Banking; Macroeconomics; Financial reporting, financial statements; Finance; Infectious & contagious diseases; Asset and liability management; Central banks; Central bank policy rate; Financial services; Price stabilization; Central bank balance sheet; Financial statements; Public financial management (PFM); Inflation; Asset-backed financing; Interest rates; Prices; Government policy; Finance, Public; Accounting; Prices
Scope:	1 Online-Ressource (circa 49 Seiten), Illustrationen

A retrospective study of state aid control in the German broadband market

Author: Duso, Tomaso; Nardotto, Mattia; Seldeslachts, Jo

Published: 2021

Publisher: DIW Berlin, German Institute for Economic Research, Berlin

We provide an evaluation of the impact of public subsidy schemes that aimed to support the development of basic broadband infrastructure in rural areas of Germany. Such subsidies are subject to state aid control by the European Commission (EC). While... more

Access:

Verlag (kostenfrei)

Resolving-System (lizenzpflichtig)

Langzeitarchivierung Nationalbibliothek (lizenzpflichtig)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

DS 14

Inter-library loan:

No inter-library loan

We provide an evaluation of the impact of public subsidy schemes that aimed to support the development of basic broadband infrastructure in rural areas of Germany. Such subsidies are subject to state aid control by the European Commission (EC). While the EC increasingly recognises the role of economic analysis in controlling public aid to companies, there are to date no full retrospective studies performed on state aid control, especially assessing the so-called balancing test. In this study, we do not only analyse whether the aid was effective in solving a market failure – low broadband coverage in rural areas – but also study its impact on competitive outcomes, on both rival firms and consumers. We adopt a difference-in-differences framework after using a matching procedure to account for selection on observables. We find that the aid significantly increased broadband coverage. More importantly, we find that the number of internet providers has significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the subsidies complied with EU state aid rules, both in terms of effectiveness and competition.

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Book
Format:	Online
Other identifier:	urn: urn:nbn:de:101:1-2021032310422501941493 hdl: 10419/231645
Series:	Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 1931
Subjects:	State Aid; Ex-Post Evaluation; Broadband; Coverage; Entry; Competition; Prices
Scope:	1 Online-Ressource (circa38 Seiten), Illustrationen

How does information on minimum and maximum food prices affect measured monetary poverty?

evidence from Niger

Author: Muller, Christophe; Sayouti, Nouréini

Published: [2021]

Publisher: Aix-Marseille School of Economics, [Aix-en-Provence

Access:

Verlag (kostenfrei)

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 717

Inter-library loan:

No inter-library loan

Export to reference management software

RIS file
BibTeX file

Source:	Union catalogues
Language:	English
Media type:	Book
Format:	Online
Series:	Working papers / AMSE, Aix-Marseille School of Economics ; WP 2021, nr 02
Subjects:	Poverty; Prices; Niger; Social Policies
Scope:	1 Online-Ressource (circa 40 Seiten), Illustrationen

Firms' environmental performance and the COVID-19 crisis

Author: Guérin, Pierre; Suntheim, Felix

Published: March 2021

Publisher: International Monetary Fund, [Washington, DC]

The shutdown in economic activity due to the coronavirus disease (COVID-19) crisis has resulted in a short-term decline in global carbon emissions, but the long-term impact of the pandemic on the transition to a low-carbon economy is uncertain.... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The shutdown in economic activity due to the coronavirus disease (COVID-19) crisis has resulted in a short-term decline in global carbon emissions, but the long-term impact of the pandemic on the transition to a low-carbon economy is uncertain. Looking at previous episodes of financial and economic stress to draw implications for the current crisis, we find that tighter financial constraints and adverse economic conditions are generally detrimental to firms' environmental performance, reducing green investments. The COVID-19 crisis could thus potentially slow down the transition to a low-carbon economy. In light of the urgent need to reduce global greenhouse gas emissions, these findings underline the importance of climate policies and green recovery packages to boost green investment and support the energy transition. Policies that support the sustainable finance sector, such as improved transparency and standardization, could further help mobilize green investments

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513574493
Other identifier:	doi: 10.5089/9781513574493.001
Series:	IMF working paper ; WP/21, 89
Subjects:	Capital and Ownership Structure; Financial Risk and Risk Management; Financing Policy; Goodwill; Value Of Firms; Environmental Economics; International Economics; Economics: General; Environmental Conservation and Protection; Diseases: Contagious; Climate; Natural Disasters and Their Management; Global Warming; Energy: Demand and Supply; Health Behavior; Environment and Growth; Environmental Economics: General; Economic & financial crises & disasters; Economics of specific sectors; Macroeconomics; Infectious & contagious diseases; Climate change; Environmental economics; Health; Economic growth; Environment; Currency crises; Informal sector; Economics; Prices; Communicable diseases; Economic development; Greenhouse gases; Climatic changes; Environmental sciences
Scope:	1 Online-Ressource (circa 26 Seiten), Illustrationen

Handle with care

regulatory easing in times of COVID-19

Author: Valencia, Fabian; Varghese, Richard; Yao, Weijia; Yépez, Juan F.

Published: February 2021

Publisher: International Monetary Fund, [Washington, DC]

The policy response to the COVID-19 shock included regulatory easing across many jurisdictions to facilitate the flow of credit to the economy and mitigate a further ampli-fication of the shock through tighter financial conditions. Using an intraday... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The policy response to the COVID-19 shock included regulatory easing across many jurisdictions to facilitate the flow of credit to the economy and mitigate a further ampli-fication of the shock through tighter financial conditions. Using an intraday event study,this paper examines how stock prices-a key driver in financial conditions-reacted to regulatory easing announcements in a sample of 18 advanced economies and 8 emerging markets. The paper finds that overall, regulatory easing announcements contributed to looser financial conditions, but effects varied across sectors and tools. Financial regulatory easing led to lower valuations for financial sector stocks, and higher valuations for non-financial sector stocks, particularly for industries that are more dependent on bank financing. Furthermore, valuations declined and financial conditions tightened following announcements related to easier bank capital regulation while equity valuation rose and financial conditions loosened after those about liquidity regulation. Effects from non-regulatory financial measures appear to be generally more muted

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513570631
Other identifier:	doi: 10.5089/9781513570631.001
Series:	IMF working paper ; WP/21, 49
Subjects:	Coronavirus; Stabilisierungspolitik; Finanzmarktregulierung; Kapitalmarktrendite; Welt; Stock prices; policy announcements; financial conditions; capital; liquidity; COVID-19; Banks and Banking; Finance: General; Investments: Stocks; Industries: Financial Services; Financial Crises; Information and Market Efficiency; Event Studies; Financial Institutions and Services: Government Policy and Regulation; Studies of Particular Policy Episodes; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; Financial Institutions and Services: General; Price Level; Inflation; Deflation; General Financial Markets: General (includes Measurement and Data); Investment & securities; Macroeconomics; Finance; Financial services law & regulation; Financial sector; Asset prices; Stock markets; Capital adequacy requirements; Stocks; Financial services industry; Prices; Stock exchanges; Asset requirements
Scope:	1 Online-Ressource (circa 31 Seiten), Illustrationen

Implementing the United States' domestic and international climate mitigation goals

a supportive fiscal policy approach

Author: Parry, Ian W. H.

Published: March 2021

Publisher: International Monetary Fund, [Washington, DC]

The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions.... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and international level could play a critical role in implementing these objectives, along with investment, regulatory, and technology policies. Fiscal instruments are cost-effective, can enhance political acceptability, and do not worsen, or could help alleviate, budgetary pressures. Domestically, a fiscal policy package could contain a mix of economy-wide carbon pricing and revenue-neutral feebates (i.e., tax-subsidy schemes) with the latter reinforcing mitigation in the transport, power, industrial, building, forestry, and agricultural sectors. Internationally, a carbon price floor among large emitters (with flexibility to implement equivalent measures) could effectively scale up global mitigation, while levies/feebates offer a practical approach for reducing maritime and aviation emissions

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513571003
Other identifier:	doi: 10.5089/9781513571003.001
Series:	IMF working paper ; WP/21, 57
Subjects:	carbon neutrality; US climate mitigation; carbon pricing; feebates; carbon price floor; international aviation and maritime; Climate change; Taxation; Industries: Energy; Environmental Conservation and Protection; Natural Resources; Energy: Government Policy; Climate; Natural Disasters and Their Management; Global Warming; Environmental Economics: Government Policy; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies; Nonrenewable Resources and Conservation: General; Hydrocarbon Resources; Energy: Demand and Supply; Public finance & taxation; Environmental management; Petroleum, oil & gas industries; Macroeconomics; Carbon tax; Greenhouse gas emissions; Non-renewable resources; Natural gas sector; Fuel prices; Taxes; Environment; Economic sectors; Environmental impact charges; Greenhouse gases; Natural resources; Gas industry; Prices
Scope:	1 Online-Ressource (circa 40 Seiten), Illustrationen

The role of market structure and timing in determining VAT pass-through

Author: Bellon, Matthieu; Copestake, Alexander

Published: March 2021

Publisher: International Monetary Fund, [Washington, DC]

We examine the role of market characteristics and timing in explaining observed heterogeneity in VAT pass-through. We first extend existing theory to characterize the roles of imperfect competition and product differentiation, then investigate these... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

We examine the role of market characteristics and timing in explaining observed heterogeneity in VAT pass-through. We first extend existing theory to characterize the roles of imperfect competition and product differentiation, then investigate these relationships empirically using a panel of 14 Eurozone countries between 1999 and 2013. We find important roles for product market regulation and product quality, and little impact of advance announcement of reforms. Our findings have important implications for policy-makers considering VAT rate adjustments, by illuminating which of the consumers or the producers would experience the brunt of a reform across different settings

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513571546
Other identifier:	doi: 10.5089/9781513571546.001
Series:	IMF working paper ; WP/21, 61
Subjects:	Price effect; Pass through; Product Differentiation; Pass Through; Price Effect; Product Differentiation; Value Added Tax; Value added tax; Competition; Competition; Taxation; Finance: General; Foreign Exchange; Informal Economy; Underground Econom; Taxation and Subsidies: Incidence; Business Taxes and Subsidies; Information and Product Quality; Standardization and Compatibility; General Financial Markets: General (includes Measurement and Data); Macroeconomics: Consumption; Saving; Wealth; Price Level; Inflation; Deflation; Economic & financial crises & disasters; Economics of specific sectors; Public finance & taxation; Finance; Financial crises; Economic sectors; Macroeconomics; Taxes; Economics: General; Financial markets; Consumption; National accounts; Commodity markets; Consumer prices; Currency crises; Informal sector; Economics; Spendings tax; International Economics; Consumption; Economics; Commodity exchanges; Prices
Scope:	1 Online-Ressource (circa 57 Seiten), Illustrationen

Uncertainty premia, sovereign default risk, and state-contingent debt

Author: Roch, Francisco; Roldán, Francisco

Published: March 2021

Publisher: International Monetary Fund, [Washington, DC]

We analyze how concerns for model misspecification on the part of international lenders affect the desirability of issuing state-contingent debt instruments in a standard sovereign default model a la Eaton and Gersovitz (1981). We show that for the... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

We analyze how concerns for model misspecification on the part of international lenders affect the desirability of issuing state-contingent debt instruments in a standard sovereign default model a la Eaton and Gersovitz (1981). We show that for the commonly used threshold state-contingent bond structure (e.g., the GDP-linked bond issued by Argentina in 2005), the model with robustness generates ambiguity premia in bond spreads that can explain most of what the literature has labeled as novelty premium. While the government would be better off with this bond when facing rational expectations lenders, this additional source of premia leads to welfare losses when facing robust lenders. Finally, we characterize the optimal design of the state-contingent bond and show how it varies with the level of robustness. Our findings rationalize the little use of these instruments in practice and shed light on their optimal design

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513572635
Other identifier:	doi: 10.5089/9781513572635.001
Series:	IMF working paper ; WP/21, 76
Subjects:	default; state-contingent debt instruments; robust control; ambiguity premia; Ambiguity Premia; Default; Robust Control; Sovereign Debt; State-Contingent Debt Instruments; Sovereign debt; Economics: General; International Economics; Investments: Bonds; Exports and Imports; Economic Theory; Public Finance; Interest Rates: Determination, Term Structure, and Effects; Financial Markets and the Macroeconomy; International Lending and Debt Problems; General Financial Markets: General (includes Measurement and Data); Debt; Debt Management; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance; Expectations; Speculations; Price Level; Inflation; Deflation; Economic & financial crises & disasters; Economics of specific sectors; Investment & securities; International economics; Economic theory & philosophy; Public finance & taxation; Macroeconomics; Financial crises; Economic sectors; Financial institutions; Debt default; External debt; Rational expectations; Economic theory; Public debt; Asset prices; Currency crises; Informal sector; Economics; Bonds; Debts, External; Rational expectations; Economic theory; Debts, Public; Prices
Scope:	1 Online-Ressource (circa 39 Seiten), Illustrationen

Monetary policy, inflation, and distributional impact

South Africa’s case

Author: Miyajima, Ken

Published: March 2021

Publisher: International Monetary Fund, [Washington, DC]

The South African Reserve Bank has continued to fulfill its constitutional mandate to protect the value of the local currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining low... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 301

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The South African Reserve Bank has continued to fulfill its constitutional mandate to protect the value of the local currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining low and stable inflation could at the same time reduce consumption inequality over a 12-18 month horizon, commonly understood as the transmission lag of monetary policy action to the real economy, and similar to the distance between survey waves used in the analysis. In response to 'exogenous' monetary policy tightening, the real consumption of individuals at lower ends of the consumption distribution declines relatively modestly, or even increases. With greater reliance on government transfers, thus smaller reliance on labor income, and relatively larger food consumption, these individuals appear to benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption distribution is more likely to decline due to lower labor income, weaker asset price performance, and higher debt service cost

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513574356
Other identifier:	doi: 10.5089/9781513574356.001
Series:	IMF working paper ; WP/21, 78
Subjects:	Distributional effects; monetary policy; Distributional Effects; Monetary Policy; inflation; South Africa; Banks and Banking; Price Level; International Economics; Deflation; Central Banks and Their Policies; Macroeconomics: Consumption; Saving; Wealth; Urban, Rural, and Regional Economics: Household Analysis: General; Interest Rates: Determination, Term Structure, and Effects; Aggregate Factor Income Distribution; Economic & financial crises & disasters; Economics of specific sectors; Macroeconomics; Banking; Financial crises; Economic sectors; Consumption; National accounts; Inflation; Household consumption; Central bank policy rate; Financial services; Income inequality; Currency crises; Informal sector; Economics; Consumption; Economics; Prices; Interest rates; Income distribution; Economics: General
Scope:	1 Online-Ressource (circa 25 Seiten), Illustrationen

Affordable rental housing

making it part of Europe's recovery

Author: ElFayoumi, Khalid; Karpowicz, Izabela; Lee, Jenny; Marinkov, Marina; Mineshima, Aiko; Salas, Jorge; Tudyka, Andreas; Schächter, Andrea

Published: 2021

Publisher: International Monetary Fund, Washington, DC, USA

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

Location:

Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek

Signature:

e-Book Nationallizenz

Inter-library loan:

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 297

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513570204
Other identifier:	doi: 10.5089/9781513570204.087
Series:	Departmental paper series ; no. 21, 13
Subjects:	Mietwohnung; Miete; Wohnkosten; Wohnungsmarkt; Wohnungspolitik; Europa; International Agreements and Observance; International Organizations; Political Economy; Real Estate; Economics: General; International Economics; Housing Supply and Markets; Equity, Justice, Inequality, and Other Normative Criteria and Measurement; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Infrastructure; Aggregate Factor Income Distribution; Personal Income, Wealth, and Their Distributions; International institutions; Macroeconomics; Property & real estate; Political economy; Poverty; Prices; Housing; National accounts; Housing prices; Disposable income; Income inequality; Economics; Housing; Prices; Saving and investment; Income; National income; Income distribution
Scope:	1 Online-Ressource (circa 97 Seiten), Illustrationen

Commodity cycles, inequality, and poverty in Latin America

Author: Balakrishnan, Ravi; Lizarazo, Sandra; Santoro, Marika; Toscani, Frederik; Vargas, Mauricio

Published: 2021

Publisher: International Monetary Fund, Washington, DC, USA

Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

Location:

Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek

Signature:

e-Book Nationallizenz

Inter-library loan:

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 297

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world's highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781484326091
Other identifier:	doi: 10.5089/9781484326091.087
Series:	Departmental paper series ; no 21, 09
Subjects:	Armut; Einkommensverteilung; Vermögensverteilung; Rohstoffwirtschaft; Rohstoffpreis; Konjunktur; Bolivien; Brasilien; Peru; Paraguay; Lateinamerika; Economywide Country Studies; Equity, Justice, Inequality, and Other Normative Criteria; Welfare, Well-Being, and Poverty; Caribbean; Computable and Other Applied General Equilibrium Models; Poverty and Homelessness; Investments: Commodities; Welfare, Well-Being, and Poverty: General; Equity, Justice, Inequality, and Other Normative Criteria and Measurement; International Economics; Economywide Country Studies: Latin America; Economics: General; Commodity Markets; Aggregate Factor Income Distribution; Political economy; International institutions; Macroeconomics; Poverty & precarity; Investment & securities; Income inequality; National accounts; Commodities; Poverty; Equilibrium; Economics; Income distribution; Income; Commercial products; Prices
Scope:	1 Online-Ressource (circa 123 Seiten), Illustrationen

Fiscal policies to address climate change in Asia and the Pacific

Author: Dabla-Norris, Era; Daniel, James Alexander; Nozaki, Masahiro; Alonso, Cristian; Balasundharam, Vybhavi; Bellon, Matthieu; Chen, Chuling; Corvino, David; Kilpatrick, Joey

Published: 2021

Publisher: International Monetary Fund, Washington, DC, USA

Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address challenges from climate change in Asia and the Pacific.... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

Location:

Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek

Signature:

e-Book Nationallizenz

Inter-library loan:

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 297

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address challenges from climate change in Asia and the Pacific. It aims to answer how policymakers can best promote mitigation, adaptation, and the transition to a low-carbon economy, emphasizing the economic and social implications of reforms, potential policy trade-offs, and country circumstances. The recommendations are grounded in quantitative analysis using country-specific estimates, and granular household, industry, and firm-level data

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513561394
Other identifier:	doi: 10.5089/9781513561394.087
Series:	Departmental paper series ; no 21, 07
Subjects:	Klimawandel; Klimaschutz; Finanzpolitik; Klimapolitik; Asiatisch-pazifischer Raum; International Economics; Taxation; Environmental Economics; Environmental Conservation and Protection; Natural Disasters; Fiscal Policy; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies; Climate; Natural Disasters and Their Management; Global Warming; Energy: Demand and Supply; Political economy; International institutions; Public finance & taxation; Macroeconomics; Climate change; Environmental taxes; Climate policy; Asia and Pacific; Carbon tax; Taxes; Environment; Greenhouse gas emissions; Energy prices; Environmental policy; Fiscal policy; Climatic changes; Environmental impact charges; Greenhouse gases; Natural disasters; Prices
Scope:	1 Online-Ressource (circa 124 Seiten), Illustrationen

Using macroeconomic frameworks to analyze the impact of COVID-19

an application to Colombia and Cambodia

Author: Bulíř, Aleš; Baksa, Dániel; Corrales, Juan Sebastian; González, Andrés; Rodríguez, Diego; Heng, Dyna

Published: January 2021

Publisher: International Monetary Fund, Institute for Capacity Development, Washington, DC, USA

This technical note and manual (TNM) addresses the following issues: -- Evaluating the full implications from the policies adopted to mitigate the impact of the COVID-19 pandemic on the economy requires a well-developed macroeconomic framework. This... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 303

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

This technical note and manual (TNM) addresses the following issues: -- Evaluating the full implications from the policies adopted to mitigate the impact of the COVID-19 pandemic on the economy requires a well-developed macroeconomic framework. This note illustrates how such frameworks were used to analyze Colombia and Cambodia's shock impact at the beginning of the pandemic. -- The use of macroeconomic frameworks is not to infer general policy conclusions from abstract models or empirical analysis but to help policymakers think through and articulate coherent forecasts, scenarios, and policy responses. -- The two country cases illustrate how to construct a baseline scenario consistent with a COVID-19 shock within structural macroeconomic models. The scenario is built gradually to incorporate the available information, the pandemic's full effects, and the policy responses. -- The results demonstrate the value of combining close attention to the data, near-term forecasting, and model-based analyses to support coherent policies

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513571973
Other identifier:	doi: 10.5089/9781513571973.005
Series:	Technical notes and manuals ; volume 2021, issue 001
Subjects:	Depositor preference; deposit insurance; bank; creditor hierarchy; Public Finance; Diseases: Contagious; Economic Theory; General Financial Markets: Government Policy and Regulation; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Bankruptcy; Liquidation; Health Behavior; Fiscal Policy; Debt; Debt Management; Sovereign Debt; National Government Expenditures and Related Policies: General; Aggregate Factor Income Distribution; Agriculture: Aggregate Supply and Demand Analysis; Prices; Macroeconomics; Public finance & taxation; Infectious & contagious diseases; Economic theory & philosophy; COVID-19; Public debt; Expenditure; Health; Supply shocks; Economic theory; Communicable diseases; Fiscal policy; Debts, Public; Expenditures, Public; Income; Supply and demand
Scope:	1 Online-Ressource (circa 30 Seiten), Illustrationen

Chile

review under the flexible credit line arrangement : press release; staff report; and statement by the Executive Director for Chile

Published: May 2021

Publisher: International Monetary Fund, Washington, D.C.

The pandemic hit the Chilean economy while it was recovering from the 2019 social unrest. The authorities' swift and strong economic policy efforts and Chile's very strong institutional frameworks helped buffer the economic and social consequences.... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 302

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The pandemic hit the Chilean economy while it was recovering from the 2019 social unrest. The authorities' swift and strong economic policy efforts and Chile's very strong institutional frameworks helped buffer the economic and social consequences. The ongoing economic recovery continues to be supported by ample policy stimulus, a rapid vaccination process, well-anchored inflation expectations, a resilient export base, and continued market confidence

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513572987
Other identifier:	doi: 10.5089/9781513572987.002
Series:	IMF country reports ; 21, 092
Subjects:	FCL arrangement; FCL resource; FCL qualification; market confidence; Chilean economy; inflation expectation; Global; COVID-19; Credit; Metal prices; Diseases: Contagious; Public Finance; Monetary Policy; International Agreements and Observance; International Organizations; International Lending and Debt Problems; Health Behavior; Debt; Debt Management; Sovereign Debt; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Metals and Metal Products; Cement; Glass; Ceramics; Monetary economics; International institutions; International economics; Infectious & contagious diseases; Public finance & taxation; Macroeconomics; International organization; External debt; Health; Public debt; Money; Prices; Money and Monetary Policy; International Economics; Exports and Imports; Monetary policy; International agencies; Debts, External; Communicable diseases; Debts, Public; Credit; Metals; Prices
Scope:	1 Online-Ressource (circa 48 Seiten), Illustrationen

Republic of Mozambique

technical assistance report : inflation targeting and model-based monetary policy analysis

Published: May 2021

Publisher: International Monetary Fund, Washington, D.C.

The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an... more

Access:

Verlag (kostenfrei)

Resolving-System (kostenfrei)

Verlag (kostenfrei)

Beirut: Orient-Institut Beirut

Location:

Orient-Institut Beirut

No inter-library loan

Jena: Thüringer Universitäts- und Landesbibliothek

Location:

Thüringer Universitäts- und Landesbibliothek

Inter-library loan:

No inter-library loan

Kiel: Fachhochschule Kiel, Zentralbibliothek

Location:

Fachhochschule Kiel, Zentralbibliothek

Inter-library loan:

No inter-library loan

Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Location:

ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

Signature:

VS 302

Inter-library loan:

No inter-library loan

Leipzig: Universitätsbibliothek Leipzig

Location:

Universitätsbibliothek Leipzig

Inter-library loan:

Location:

Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen

Inter-library loan:

No loan of volumes, only paper copies will be sent

Villingen-Schwenningen: Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Location:

Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek

Signature:

E_Book IMF

Inter-library loan:

No inter-library loan

The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy in small-open economies, and by performing monetary policy analyses based on BM's quarterly projection model (QPM) in the afternoons

Export to reference management software

RIS file
BibTeX file

Source:	Staatsbibliothek zu Berlin
Language:	English
Media type:	Ebook
Format:	Online
ISBN:	9781513572970
Other identifier:	doi: 10.5089/9781513572970.002
Series:	IMF country reports ; 21, 091
Subjects:	MODEL-BASED monetary policy analysis; modernization program; forecasting team; framework; QPM model; monetary policy in an inflation targeting; Africa; Sub-Saharan Africa; Monetary policy frameworks; Inflation targeting; Nominal effective exchange rate; Exchange rates; Inflation; Monetary Policy; International Organizations; Price Level; International Agreements and Observance; Deflation; Monetary economics; International institutions; Currency; Foreign exchange; Macroeconomics; International organization; Money and Monetary Policy; International Economics; Foreign Exchange; Inflation; Monetary policy; International agencies; Foreign exchange; Prices
Scope:	1 Online-Ressource (circa 17 Seiten), Illustrationen

Narrow Search

Search narrowed by

Type

Source

Format

Contributor

Media type

Language

Year

Last searches

Results for *

The macroeconomic impact of foreign exchange intervention

Foreign direct investment, prices and efficiency

Argentina

Republic of Azerbaijan

Republic of Armenia

Economics of Service Operations: Information, Simplified Controls and Omnichannel Services

An Examination of Prices and Wages in Babylonia – Ca. 2000-1600 B.C.E

Essays on the Economics of Suspense, Surprise, Superstars, and Soda

Essays on Markets and Institutions

Taking stock of IMF capacity development on monetary policy forecasting and policy analysis systems

Asset purchases and direct financing