Search Results - subject:"FISCAL INCENTIVES"

How Do Local Governments Decide on Public Policy in Fiscal Federalism? Tax vs. Expenditure Optimization

Köthenbürger, Marko - CESifo - 2008

Previous literature widely assumes that taxes are optimized in local public finance while expenditures adjust residually. This paper endogenizes the choice of the optimization variable. In particular, it analyzes how federal policy toward local governments influences the way local governments...

Persistent link: https://www.econbiz.de/10005765974

The Impact of Research and Development Tax Incentiveson Colombia's Manufacturing Sector; What Difference Do they Make?

Mercer-Blackman, Valerie - International Monetary Fund (IMF) - 2008

Do tax incentives for science and technology stimulate additional investment? We use detailed data on applications and acceptances for R&D tax incentives, a special survey, and for the first time, the science and technology module from the 2000-2002 Survey of Manufacturers database in Colombia...

Persistent link: https://www.econbiz.de/10005768986

Fiscal Positions in Latin America; Have they Really Improved?

Zettelmeyer, Jeromin; Hollar, Ivanna Vladkova - International Monetary Fund (IMF) - 2008

Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a "structural" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycle, and evaluating...

Persistent link: https://www.econbiz.de/10005769082

Application of R & D fiscal incentives in Spanish manufacturing firms

Martínez-Azúa, Mª Beatriz Corchuelo; Ros, Ester Martínez - In: Hacienda Pública Española 187 (2008) 4, pp. 9-39

This paper explores the factors that influence the decision to apply R&D fiscal incentives in a sample of Spanish … model considering that behind the decision to use these fiscal incentives, firms carry out a cost-benefit evaluation. The … show that firms evaluate positively the benefits from fiscal incentives, although there are some difficulties in applying …

Persistent link: https://www.econbiz.de/10005642258

Budget Deficits and Interest Rates; A Fresh Perspective

Aisen, Ari; Hauner, David - International Monetary Fund (IMF) - 2008

We extend the literature on budget deficits and interest rates in three ways: we examine both advanced and emerging economies and for the first time a large emerging market panel; explore interactions to explain some of the heterogeneity in the literature; and apply system GMM. There is overall a...

Persistent link: https://www.econbiz.de/10005605315

The Macroeconomic Impact of Healthcare Financing Alternatives; Reform Options forhong Kong Sar

International Monetary Fund (IMF); International … - 2008

With much healthcare publicly funded, Hong Kong's rapidly aging population will significant raise fiscal pressure over coming decades. We ask what the implications are of meeting these costs by public funding, or private funding voluntarily or through mandates. Our simulations suggest that...

Persistent link: https://www.econbiz.de/10005825995

Reducing Currency and Maturity Mismatch

Tan, Khee-Giap; Karigane, T; Yoshitomi, M - eSocialSciences - 2008

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and adopted by the governing authorities as advantageous or expedient, that directly or indirectly...

Persistent link: https://www.econbiz.de/10005170179

Burkina Faso; Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Waiver of Nonobservance of Performance Criterion, and Deletion of Performance Criteria: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

International Monetary Fund (IMF); International … - 2008

This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Burkina Faso. All quantitative performance criteria (PC) were met. The indicative floor on social expenditures was not achieved, mainly because of capacity weaknesses in implementing...

Persistent link: https://www.econbiz.de/10011243516

Kingdom of the Netherlands; Netherlands: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands: Netherlands

International Monetary Fund (IMF); International … - 2008

Strong macroeconomic foundations have so far largely shielded the Netherlands from recent financial turbulence. Despite a tightening labor market, inflation remains subdued. Employment has grown 1Â¼â€“1Â½ percent in 2007, on par with the rest of the Euro area. The external current...

Persistent link: https://www.econbiz.de/10011244374

Impact of Preventive Health Care on Indian Industry and Economy

Chadha, Alka; Mehdi, Ali; Malik, Garima - 2007

In this study, the authors have tried to examine the empirical evidence on the relationship between preventive health care and labour productivity and corporate profitability. While doing so, they try to generate awareness on the positive role of preventive health care in boosting the corporate...

Persistent link: https://www.econbiz.de/10011807605