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Fiscal incidence in Moldova : a commitment to equity analysis

Cojocaru, Alexandru; Matycin, Michail Ja.; Prohnitchi, … - 2019

first detailed distributional analysis of the tax and expenditure sides of the fiscal system, examining in particular the …

Persistent link: https://www.econbiz.de/10012114418

Impact of fiscal policy on poverty and inequality in Uganda : fiscal incidence analysis using the UNHS 2016/17

Mejía Mantilla, Carolina; Fajardo-Gonzalez, Johanna; … - 2019

This study analyzes the incidence of public revenues (tax collection) and expenditures (including direct and indirect …

Persistent link: https://www.econbiz.de/10012167797

Exiting financial repression : the case of Ethiopia

Chauffour, Jean-Pierre; Gobezie, Muluneh Ayalew - 2019

Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability...

Persistent link: https://www.econbiz.de/10012168071

Cross-region transfers in a monetary union : evidence from the US and some implications

Pennings, Steven - 2020

US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...

Persistent link: https://www.econbiz.de/10012241154

Power to the fiscal? : an exploration of the use of credit ratings to estimate the expected cost of a guarantee of a power-purchase agreement

Aslan, Cigdem; Irwin, Timothy C. - 2020

Ministries of finance are often asked to guarantee a state-owned electricity utility's payments to an independent power producer under a power-purchase agreement. To decide whether to grant the guarantee, the ministry should have at least a rough estimate of the guarantee's expected cost. Making...

Persistent link: https://www.econbiz.de/10012241330

One rule fits all? : heterogeneous fiscal rules for commodity exporters when price shocks can be persistent : theory and evidence

Mendes, Arthur; Pennings, Steven - 2020

Commodity-exporting developing economies are often characterized as having needlessly procyclical fiscal policy: spending when commodity prices are high and cutting back when prices fall. The standard policy advice is instead to save during price windfalls and maintain spending during price...

Persistent link: https://www.econbiz.de/10012296870

Designing oil revenue management mechanisms : an application to Chad

Campagne, Benoît; Kitzmuller, Markus; Tordo, Silvana - 2020

Oil resources usually play a significant role in oil-rich countries, in gross domestic product and government revenues. High dependence of government revenues on oil can contribute to severe recession following an adverse commodity price shock, such as in 2014. This paper examines the extent to...

Persistent link: https://www.econbiz.de/10012388637

Assessing the effects of fiscal policies on poverty and inequality : the case of Uruguay

Bucheli, Marisa; Ibarra, Gabriel Lara; Tuzman, Diego - 2020

This study looks at the redistributive effects of fiscal policy - in particular of direct taxation and expenditures … inequality, with government expenditures in the form of in-kind transfers leading to the largest decreases. While expenditures in … basic education are benefitting the poorest, expenditures in tertiary education remain largely regressive. The personal …

Persistent link: https://www.econbiz.de/10012434634

A Review of Fiscal Policy Responses to COVID-19

Lacey, Eric - 2021

Countries around the world adopted a wide range of fiscal measures in 2020 to mitigate the health and economic impacts of the COVID-19 pandemic. At the beginning of 2021, the outlook on the evolution of the pandemic remains uncertain. COVID-19 cases are at high levels in many countries, but...

Persistent link: https://www.econbiz.de/10012603492

Remarks at the G20 International Tax Symposium : Fiscal Policies to Integrate Climate and Development

Malpass, David - 2021

World Bank Group President David Malpass remarked that the pandemic added further to the development gap, with many developing countries also suffer from fragility, human rights violations, food insecurity, lack of transparency, weak currencies, inflation, and the unfunded requirements of...

Persistent link: https://www.econbiz.de/10012603506