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  • 1
    UID:
    almafu_BV026947793
    Format: 28, [7] S. : graph. Darst.
    Series Statement: Working paper series / National Bureau of Economic Research 5979
    URL: Volltext  (kostenfrei)
    Author information: Symansky, Steven A.
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  • 2
    Online Resource
    Online Resource
    [Washington, District of Columbia] :International Monetary Fund,
    UID:
    edocfu_9958098558702883
    Format: 1 online resource (27 p.)
    Edition: 1st ed.
    ISBN: 1-4623-0635-7 , 1-4527-1174-7 , 1-4518-7086-8 , 9786612841798 , 1-282-84179-3
    Series Statement: IMF working paper ;
    Content: We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 countries on all income levels from 1980 to 2006, with about 1,800 country-year observations for the education sector and about 900 observations for health. We regress these indicators on potential economic, institutional, demographic, and geographic determinants. Our most resounding conclusion is that higher government expenditure relative to GDP tends to be associated with lower efficiency in the respective sector. Moreover, we find that richer countries exhibit better public sector performance and efficiency, and that institutional and demographic factors also play a significant role.
    Note: Description based upon print version of record. , Contents; I. Introduction; II. Methodology; III. Government Efficiency, 1980-2004; Tables; 1. Summary of Scores; 2. Spearman Rank Order Correlations; Figures; 1. Plots of PSP, PSE, and DEA Scores in Education and Health; 2. Evolution of Health and Education Spending, Performance, and Efficiency in Advanced and Developing Economies; IV. Determinants of Government Efficiency; 3. Tested-Down Regressions; 4. Overview of Univariate and Tested-Down Regressions; A. Economic Determinants; B. Institutional Determinants; C. Demographic and Geographic Determinants; V. Conclusions; VI. Appendix , A. Data SourcesB. Countries Included; C. Background Tables; A1. Summary of Determinants; A2. Univariate Regressions; A3. Multivariate Regressions; References , English
    Additional Edition: ISBN 1-4519-1539-X
    Language: English
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  • 3
    Book
    Book
    Washington, DC :Internat. Monetary Fund,
    UID:
    almafu_BV012278989
    Format: V, 45 S. : graph. Darst.
    ISBN: 1-55775-704-6
    Series Statement: International Monetary Fund: Occasional paper 162
    Language: English
    Subjects: Economics
    RVK:
    RVK:
    Keywords: Fiskalpolitik ; Graue Literatur
    Author information: Symansky, Steven A.
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  • 4
    UID:
    gbv_845825763
    Format: Online-Ressource (30 p)
    Edition: Online-Ausg.
    ISBN: 1451928777 , 9781451928778
    Series Statement: IMF Working Papers Working Paper No. 96/140
    Content: Evans (1991) has demonstrated that Blanchard’s (1985) finite-horizon model obeys approximate Ricardian equivalence. We show that this result is determined largely by an unrealistic assumption that labor income grows monotonically over a consumer’s entire lifetime. Introducing more realistic lifetime earnings profiles, we find that the effects of government debt on the real interest rate and the capital stock become considerably larger. In particular, leaving aside the effects of distortionary capital taxation, the extended model with liquidity constraints predicts that real interest rates would decline by about 150-200 basis points if government debt were eliminated completely in all OECD countries
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven Government Debt, Life-Cycle Income and Liquidity Constrains: Beyond Approximate Ricardian Equivalence Washington, D.C. : International Monetary Fund, 1996 ISBN 9781451928778
    Language: English
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  • 5
    UID:
    gbv_84594780X
    Format: Online-Ressource (31 p)
    Edition: Online-Ausg.
    ISBN: 1557754519 , 9781557754516
    Series Statement: Occasional Papers Occasional Paper No. 115
    Content: This paper summarizes the methods and types of indicators that are often employed, both insid and outside the IMF, to assess whether exchange rates are broadly in line with economic fundamentals
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven Exchange Rates and Economic Fundamentals: A Framework for Analysis Washington, D.C. : International Monetary Fund, 1994 ISBN 9781557754516
    Language: English
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : International Monetary Fund
    UID:
    gbv_845882325
    Format: Online-Ressource (27 p)
    Edition: Online-Ausg.
    ISBN: 1451869487 , 9781451869484
    Series Statement: IMF Working Papers Working Paper No. 08/87
    Content: We propose a fiscal rule that fulfills a specific debt reduction objective while maintaining significant fiscal flexibility-two overarching concerns in Israel. Not unlike the Swiss ""debt brake,"" the rule incorporates an error-correction mechanism (ECM) through which departure from the debt objective affects binding medium-run expenditure ceilings. Two variants of our ECM rule are shown to be superior to a comparable deficit rule in terms of attaining the debt objective and allowing for fiscal stabilization while supporting medium-term expenditure planning. Given its relative sophistication, a proper implementation of the ECM rule requires supportive fiscal institutions, including independent input and assessment
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven A New Fiscal Rule: Should Israel "Go Swiss?" Washington, D.C. : International Monetary Fund, 2008 ISBN 9781451869484
    Language: English
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  • 7
    UID:
    gbv_845848216
    Format: Online-Ressource (38 p)
    Edition: Online-Ausg.
    ISBN: 1451850808 , 9781451850802
    Series Statement: IMF Working Papers Working Paper No. 93/86
    Content: This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the present value of consumption increases by 46 percent of 1992 GDP, compared to military expenditures cuts, in present value terms, of 33 percent of 1992 GDP. The gains reflect both the release of domestic resources and a positive international economic externality due to enhanced trade and lower world interest rates. Accordingly, the net debtor developing country gains exceed those of industrial countries. Examination of individual developing country economies confirms the significance of the external trade effect on the pattern and level of gains
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven The Impact of Worldwide Military Spending Cutson Developing Countries Washington, D.C. : International Monetary Fund, 1993 ISBN 9781451850802
    Language: English
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : International Monetary Fund
    UID:
    gbv_845870424
    Format: Online-Ressource (42 p)
    Edition: Online-Ausg.
    ISBN: 145185577X , 9781451855777
    Series Statement: IMF Working Papers Working Paper No. 97/136
    Content: Significant aging is projected for many high-saving emerging economies of East and Southeast Asia. By 2025, the share of the elderly in their populations will at least double in most of these countries. The share of the young will fall. Aging populations could adversely affect saving rates in these economies, particularly after 2025. For the world, one may observe that, initially, the Asian Tigers could become increasingly important for world savings, reflecting their increased weight in the world economy, their high saving and growth rates, and the aging of the industrial countries. After 2025, the aging of the Tigers may reinforce the tendency toward a declining world saving rate
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven Implications for Savings of Aging in the Asian "Tigers" Washington, D.C. : International Monetary Fund, 1997 ISBN 9781451855777
    Language: English
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  • 9
    UID:
    gbv_845849263
    Format: Online-Ressource (30 p)
    Edition: Online-Ausg.
    ISBN: 1451857446 , 9781451857443
    Series Statement: IMF Working Papers Working Paper No. 94/157
    Content: Under alternative assumptions on the likely developments in external financing of PCPE transition, and based on a multi-country, forward-looking model that includes a simplified PCPE block, we simulate the response of PCPEs to a transfer of capital from the industrial countries, and assess the potential implications for Western Europe over the next ten years. Real interest rates in Western Europe are likely to experience only mild upward pressure, and most macroeconomic aggregates are likely to change by substantially smaller magnitudes than typical over the business cycle
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven Financing the Transition of Previously Centrally Planned Economies: Macroeconomic Effectson Western Europe Washington, D.C. : International Monetary Fund, 1994 ISBN 9781451857443
    Language: English
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : International Monetary Fund
    UID:
    gbv_845878239
    Format: Online-Ressource (26 p)
    Edition: Online-Ausg.
    ISBN: 1455290564 , 9781455290567
    Series Statement: IMF Staff Position Notes Staff Position Note No. 2009/23
    Content: This paper discusses how to enhance automatic stabilizers without increasing the size of government. We distinguish between permanent changes in the parameters of the tax and expenditure system (e.g., changes in tax progressivity) that will enhance the traditional automatic stabilizer, and temporary changes triggered by certain economic developments (e.g., tax measures targeted at credit and liquidity constrained households, triggered during a severe downturn). We argue that, with some exceptions, the latter are preferable as they can be implemented with lower disruptions in other fiscal policy goals (e.g., economic efficiency). Moreover, countries should also avoid introducing procyclicality as a result of fiscal rules, as these would offset the effect of existing automatic stabilizers
    Additional Edition: Erscheint auch als Druck-Ausgabe Symansky, Steven Automatic Fiscal Stabilizers Washington, D.C. : International Monetary Fund, 2009 ISBN 9781455290567
    Language: English
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