Search Results - subject:"Financial Repression"

Globalization and developing countries - a shrinking tax base?

Aizenman, Joshua; Jinjarak, Yothin - 2006

easy to collect" taxes. Fiscal revenue from financial repression has also decreased, further reinforcing these results. The …

Persistent link: https://www.econbiz.de/10010285297

Globalization and Developing Countries - a Shrinking Tax Base ?

Aizenman, Joshua; Jinjarak, Yothin - Economics Department, University of California-Santa … - 2006

larger than the effects of the institutional and political variables combined. Fiscal revenue from financial repression has …

Persistent link: https://www.econbiz.de/10011130652

Financial Versus Monetary Mercantilism; Long-Run View of the Large International Reserves Hoarding

Lee, Jaewoo; Aizenman, Joshua - International Monetary Fund (IMF) - 2006

The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism-hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...

Persistent link: https://www.econbiz.de/10005768855

Banking Spreads in Latin America

Gelos, Gaston - International Monetary Fund (IMF) - 2006

Intermediation spreads in Latin America are high by international standards. This paper examines the determinants of bank interest margins in that region using bank and country-level data from 85 countries, including 14 Latin American economies. The results suggest that Latin America has higher...

Persistent link: https://www.econbiz.de/10005769198

International Financial Integration, Sovereignty, and Constraintson Macroeconomic Policies

Kletzer, Kenneth - International Monetary Fund (IMF) - 2006

This paper considers the consequences of international financial market integration for national fiscal and monetary policies that derive from the absence of an international sovereign authority to define and enforce contractual obligations across borders. The sovereign immunity of national...

Persistent link: https://www.econbiz.de/10005826158

Globalization and developing countries - a shrinking tax base?

Aizenman, Joshua; Jinjarak, Yothin - 2006

This paper evaluates the impact of globalization on tax bases of countries at varying stages of development. We see globalization as a process that induces countries to embrace greater trade and financial integration. This in turn should shift their tax revenue from easy to collect taxes...

Persistent link: https://www.econbiz.de/10010322726

Financial Repression, Tax Evasion and Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs

Villieu, Patrick; Minea, Alexandru - HAL - 2006

" and "financial repression" coefficients are high (respectively low). Thus, our model may explain why some governments …-growth strategies in different structural enviroments (notably concerning tax evasion and financial repression). In addition, the model …

Persistent link: https://www.econbiz.de/10008793684

Georgia; Selected Issues

International Monetary Fund (IMF); International … - 2006

This Selected Issues paper reviews the financial sector development in Georgia in recent years, and investigates why it has lagged behind economic development, as well as developments in more advanced transition economies. The paper briefly reviews recent financial sector development in Georgia,...

Persistent link: https://www.econbiz.de/10011242800

Niedrigzinsfalle: die Gefahr der finanziellen Repression

Belke, Ansgar; Keil, Jonas - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 82 (2013) 2, pp. 113-125

This paper describes the concept of financial repression. Under this regime, states aim at reducing the burden of their … to the high levels of debt accumulated during the European debt crisis. While financial repression can result in … low or negative and who do not have any options of evading financial repression. Dieser Beitrag beschreibt das Konzept der …

Persistent link: https://www.econbiz.de/10011128214

Is India Hedged Against Systemic Risk? An Attempt at an Answer

Singh, Gurbachan - In: Review of Market Integration 5 (2013) 1, pp. 83-129

to avoiding financial crises. This is due to five mitigating factors: (a) financial repression in banks; (b …

Persistent link: https://www.econbiz.de/10011139065