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200 10$aAnalyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2009.
215   $a63 p. $cill
225 1 $aIMF Working Papers
300   $a"October 2009."
311   $a1-4519-1792-9 
330 3 $aThis paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education spending, infrastructure spending, or both. The analysis takes place within the World Bank's MAMS model, which is a multisectoral real computable general equilibrium model that incorporates the Millennium Development Goals. The model has been calibrated for Burkina Faso, which serves as an illustrative country example. Some of the key results are that absorbing a more educated labor force requires fundamental structural change in the economy; increasing health and education spending can face sizeable capacity constraints; and infrastructure spending has a positive effect on growth as well as education and health outcomes.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2009/227
606   $aFiscal policy$zBurkina Faso$xEconometric models
606   $aLabor$2imf
606   $aMacroeconomics$2imf
606   $aPublic Finance$2imf
606   $aFiscal Policy$2imf
606   $aLabor Economics: General$2imf
606   $aWages, Compensation, and Labor Costs: General$2imf
606   $aNational Government Expenditures and Related Policies: General$2imf
606   $aEducation: General$2imf
606   $aLabour$2imf
606   $aincome economics$2imf
606   $aPublic finance & taxation$2imf
606   $aEducation$2imf
606   $aFiscal space$2imf
606   $aWages$2imf
606   $aExpenditure$2imf
606   $aFiscal policy$2imf
606   $aLabor economics$2imf
606   $aExpenditures, Public$2imf
607   $aBurkina Faso$xEconomic policy$xEconometric models
607   $aBurkina Faso$xEconomic conditions$xEconometric models
607   $aBurkina Faso$2imf
615  0$aFiscal policy$xEconometric models.
615  7$aLabor
615  7$aMacroeconomics
615  7$aPublic Finance
615  7$aFiscal Policy
615  7$aLabor Economics: General
615  7$aWages, Compensation, and Labor Costs: General
615  7$aNational Government Expenditures and Related Policies: General
615  7$aEducation: General
615  7$aLabour
615  7$aincome economics
615  7$aPublic finance & taxation
615  7$aEducation
615  7$aFiscal space
615  7$aWages
615  7$aExpenditure
615  7$aFiscal policy
615  7$aLabor economics
615  7$aExpenditures, Public
712 02$aInternational Monetary Fund.$bAfrican Dept.
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788225203321
996   $aAnalyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso$93741556
997   $aUNINA