Showing 1 - 10 of 299
reduced the availability of government funds disbursed through procurement contracts to shed light on this question. Following …
Persistent link: https://www.econbiz.de/10012103562
procurement contracts in the United States with key financial firm-level information. We find that 1 dollar of federal spending …
Persistent link: https://www.econbiz.de/10011705453
public procurement. It finds that original reform provisions were weakened or overturned, regulatory complexity and …
Persistent link: https://www.econbiz.de/10012177638
This paper studies, in the context of a New Open Economy Macroeconomics (NOEM) model, the effects of ""public competition policies"" aimed at improving the efficiency of public spending. Such measures are modeled as an increase in the price elasticity of public consumption. The paper finds that...
Persistent link: https://www.econbiz.de/10014404144
emphasized: human resource management, procurement, and internal audit. This paper explores the problems faced by transitional …In reviewing the means to strengthen public expenditure management (PEM) systems, there has been increased emphasis on … the micro basis of broader budget system reforms, especially reforms of the internal financial management systems in …
Persistent link: https://www.econbiz.de/10014401668
This paper constructs a general equilibrium model with monopolistically competitive firms and endogenous markups where government spending consists of both consumption and investment goods. It is shown that when markups are countercyclical, increases in the share of investment goods in aggregate...
Persistent link: https://www.econbiz.de/10014400420
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395949
In this paper we analyze the degree of policy convergence of EMS member countries relative to that of some non-EMS countries. Interestingly, we find convergence for the nominal and real exchange rates and money supplies of the EMS members but not for the non-EMS countries. We also provide some...
Persistent link: https://www.econbiz.de/10014396029
A common rationale for EMS membership is that it enhances the credibility of a central bank’s commitment to stable monetary growth. In this paper we consider this idea in the light of two features of the system, namely, the existence of exchange rate bands and the prevalence of capital...
Persistent link: https://www.econbiz.de/10014396035
This paper describes how growing economic integration within the European Community increases the scope for any one EC country to impose adverse externalities on other member countries by manipulating its capital income taxes. After examining several alternatives to concerted tax harmonization,...
Persistent link: https://www.econbiz.de/10014396066