1.

Record Nr.

UNINA9910779224203321

Autore

Gruss Bertrand

Titolo

Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances / / Bertrand Gruss, Jose L. Torres

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4639-8823-0

1-4639-5149-3

Descrizione fisica

1 online resource (37 p.)

Collana

IMF Working Papers

Altri autori (Persone)

TorresJose L

Soggetti

Fiscal policy - United States

Balance of payments - United States

Macroeconomics

Public Finance

Labor

Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)

Fiscal Policy

Fiscal Policies and Behavior of Economic Agents: General

Forecasts of Budgets, Deficits, and Debt

Economic Growth and Aggregate Productivity: General

Debt

Debt Management

Sovereign Debt

Macroeconomics: Consumption

Saving

Wealth

Labor Economics: General

Labor Demand

Public finance & taxation

Labour

income economics

Public debt

Fiscal consolidation

Consumption

Fiscal policy

National accounts

Self-employment

Debts, Public



Economics

Labor economics

Self-employed

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January  2012".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction; II. The Model; A. Preferences; B. Occupational Choice; C. Consumer's Problem; D. Entrepreneur's Problem and Financial Intermediation; E. The Government; F. Aggregates; G. Market Clearance; H. Timing of Events; I. Equilibrium; III. Calibration; IV. The Policy Experiments; A. The Delay Scenario; B. The Adjust Scenarios; V. Results; A. The Long-Run Effects; B. The Transitional Dynamics; C. Overall Welfare Cost of Delaying Fiscal Consolidation; VI. Conclutions; Tables; 1. Calibration

2. Non-Interest Expenditures from the U.S. Federal Government as a percentage of GDP (2007)3. Steady State Comparison; Figures; 1. Projections from CBO alternative scenario, Long Term Budget Outlook of 2011; 2. Primary expenditures in the delay and adjust scenarios; 3. Primary deficit in the delay scenario and CBO's forecasts; 4. CBO's Alternative Fiscal Scenario and the Bowles-Simpson Commission's plan; 4. Differences in the percentage of total wealth held by the top percentiles in the delay and passive adjust scenarios

5. Discounted sum of utility in steady state by wealth percentiles in delay and passive adjust scenarios6. Model Simulations-Fiscal Variables; 7. Model Simulations-Main Macroeconomic Variables; 8. Share of Entrepreneurs in Economy; 9. Present Discounted Sum of Utility by Deciles; References

Sommario/riassunto

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that failing to address the fiscal imbalances associated with current federal fiscal policies for a prolonged period would result in a significant crowding-out of private investment and a severe drag on growth. Compared to adopting a reform that gradually reduces federal debt to its pre-crisis level, postponing debt stabilization for two decades would entail a permanent output loss of about 17 percent and a welfare loss of almost 7 percent of lifetime consumption. Moreover, the long-run welfare gains from the adjustment would more than compensate the initial losses associated with the consolidation period.



2.

Record Nr.

UNINA9910789763003321

Autore

Ong Rebecca <1961->

Titolo

Mobile communication and the protection of children [[electronic resource] /] / door Rebecca Ong Yoke Chan geboren te Maleisi ͡in 1961

Pubbl/distr/stampa

Leiden, : Leiden University Press, 2010

ISBN

1-283-23170-0

9786613231703

90-485-1262-X

Descrizione fisica

1 online resource (407 p.)

Collana

SIKS dissertation series ; ; no. 2010-10

MI ; ; 175

Disciplina

621.38456

Soggetti

Cell phone services industry - Law and legislation

Cell phones - Social aspects

Cell phone advertising

Cell phones and teenagers

Youth - Legal status, laws, etc

Children - Legal status, laws, etc

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

On cover: E.M. Meijers Instituut.

"Proefschrift ter verkrijging van de graad van Doctor aan de Universiteit Leiden, op gezag van de Rector Magnificus prof. mr. P.F. van der Heijden, volgens besluit van het College voor Promoties te verdedigen op donderdag 22 april 2010 klokke 11.15 uur.

Nota di bibliografia

Includes bibliographical references (p. [319]-345).

Nota di contenuto

Mobile Communication and the Protection of Children; Preface; Table of contents; List of abbreviations; List of figures; 1 Mobile communication and the protection of children; 2 Mobile telephony; 3 Convergence of technologies; 4 Mobile communication and potential hazards; 5 Mobile communication: its impact on children and young people; 6 Regulatory arrangements and the protection of children; 7 Comparative jurisdictions; 8 Regulatory paradigms; 9 Self Regulation; 10 Government intervention - the need for regulatory alternatives?; 11 Conclusion; Summary; Samenvatting; References

Table of statutes and casesAppendices; A Mobile network operators in



Hong Kong; B A case sample; C Convergence at three levels and convergence of sectors; D Hong Kong's way forward: Towards a converging environment; Curriculum Vitae

Sommario/riassunto

Mobile phones and other smart connected devices have fundamentally changed contemporary life. Globally, we see an unprecedented explosion of new generation mobile phones. More precisely, mobile communication is nowadays really pervasive in social life. For instance, children and young persons are emerging as active players in the wonderful world of ringing and being ringed. Many of them are attracted by intriguing ring tones. However, the rapid mobile diffusion among children and young people raises a number of crucial questions--