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Effects Of Inflationary Finance On Tax Revenue Under Progressive Tax Structures With Collection Lags
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Book Synopsis Collection Lags, Fiscal Revenue and Inflationary Financing by : Mr.Nurun N. Choudhry
Download or read book Collection Lags, Fiscal Revenue and Inflationary Financing written by Mr.Nurun N. Choudhry and published by International Monetary Fund. This book was released on 1991-04-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance. The evidence indicates a wide variation in collection lags among the categories of revenues. The estimated erosion of real fiscal revenue, although varied in the sample countries, appears to have substantially offset gains from the inflation tax, thereby severely restricting the use of this form of taxation in generating resources.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1451956444 Total Pages :259 pages Book Rating :4.4/5 (519 download)
Book Synopsis IMF Staff papers by : International Monetary Fund. Research Dept.
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1977-01-01 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the present study is to review these concepts and to estimate consistent series of potential output in manufacturing for Canada, the United States, Japan, France, the Federal Republic of Germany, Italy, the United Kingdom, and Sweden for the period 1955–1975. Potential output series are also projected for the medium term (1976–1978) based on forecasts of available resources. The production function method is selected as the best approach to derive potential output series. The function used in the paper is a modified Cobb–Douglas function that allows for economies of scale and cyclical variations in the intensity of use of employed labor and of the capital stock. The study concludes that the rate of growth of potential output in manufacturing is now lower in most industrial countries than it was in the late 1960s. However, the fall is not as large as is often claimed, so that the output gaps early in 1976 were extremely high in all the major industrial countries. The principal reasons for the slowdown in the rate of growth of potential output are the lower rate of capital accumulation and the reduction of the normal workweek, rather than the direct effect of the increase in the price of energy.
Book Synopsis Dissertation Abstracts International by :
Download or read book Dissertation Abstracts International written by and published by . This book was released on 1982 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Middle East, Abstracts and Index by :
Download or read book The Middle East, Abstracts and Index written by and published by . This book was released on 1983 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economy of Modern Israel by : Assaf Razin
Download or read book The Economy of Modern Israel written by Assaf Razin and published by University of Chicago Press. This book was released on 1993-11-15 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this up-to-date study of the Israeli economy, Assaf Razin and Efraim Sadka cover the entire economic history of the state, focusing on links between Israel's economic growth, its integration into world markets, its tax and welfare systems, and the political conflicts in the Middle East. The authors present the first detailed economic analysis of the Palestinian uprising, showing how the unrest has led to a fall in Arab employment in Israel and serious economic loss to the occupied territories with some loss to Israel. They also examine how the uprising has affected Israel's financial standing internationally and the inflow of foreign aid. Razin and Sadka see promise for Israel's economy in the waves of immigration from the former Soviet Union, despite the current difficulties in absorbing the immigrants; in the coexistence of a flourishing and highly competitive private sector with a relatively large public sector, which is undergoing privatization; and in a tax structure that encourages long-term saving and business growth. By examining the interplay between the exchange rate, interest rates, and monetary and anti-inflation policies, the authors investigate the possibilities for renewed growth and conclude that the future of Israel's economy crucially depends on serious efforts to secure peace in the Middle East.
Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar
Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Book Synopsis Revenue Mobilization in Developing Countries by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Revenue Mobilization in Developing Countries written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2011-08-03 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has long played a lead role in supporting developing countries’ efforts to improve their revenue mobilization. This paper draws on that experience to review issues and good practice, and to assess prospects in this key area.
Book Synopsis Doctoral Dissertations by : Columbia University
Download or read book Doctoral Dissertations written by Columbia University and published by . This book was released on 1981 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Asian Development Outlook 2018 by : Asian Development Bank
Download or read book Asian Development Outlook 2018 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-04-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.
Book Synopsis Hearings, Reports and Prints of the Joint Economic Committee by : United States. Congress. Joint Economic Committee
Download or read book Hearings, Reports and Prints of the Joint Economic Committee written by United States. Congress. Joint Economic Committee and published by . This book was released on 1980 with total page 1776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization Publisher : ISBN 13 : Total Pages :2264 pages Book Rating :4.:/5 (319 download)
Book Synopsis Debt Financing Problems of State and Local Government by : United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization
Download or read book Debt Financing Problems of State and Local Government written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization and published by . This book was released on 1975 with total page 2264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Encyclopedia of Finance by : Cheng-Few Lee
Download or read book Encyclopedia of Finance written by Cheng-Few Lee and published by Springer Nature. This book was released on 2022-09-12 with total page 2746 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia of Finance comprehensively covers the broad spectrum of terms and topics relating finance from asset pricing models to option pricing models to risk management and beyond. This third edition is comprised of over 1,300 individual definitions, chapters, appendices and is the most comprehensive and up-to-date resource in the field, integrating the most current terminology, research, theory, and practical applications. It includes 200 new terms and essays; 25 new chapters and four new appendices. Showcasing contributions from an international array of experts, the revised edition of this major reference work is unparalleled in the breadth and depth of its coverage.
Download or read book Federal Finance written by and published by . This book was released on 1980 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Special Study on Economic Change: Federal finance: the pursuit of American goals by :
Download or read book Special Study on Economic Change: Federal finance: the pursuit of American goals written by and published by . This book was released on 1980 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Special Study on Economic Change: Federal finance : the pursuit of American goals ... December 23, 1980 by :
Download or read book Special Study on Economic Change: Federal finance : the pursuit of American goals ... December 23, 1980 written by and published by . This book was released on 1980 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financing Urban Services in Latin America by : Gian Carlo Guarda
Download or read book Financing Urban Services in Latin America written by Gian Carlo Guarda and published by World Bank Publications. This book was released on 1989 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Revenue Act of 1978 by : United States. Congress. Senate. Committee on Finance
Download or read book Revenue Act of 1978 written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1978 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
