Dissecting Saving Dynamics : : Measuring Wealth, Precautionary, and Credit Effects / / Christopher Carroll, Martin Sommer, Jiri Slacalek |
Autore | Carroll Christopher |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (48 p.) |
Disciplina | 332.024 |
Altri autori (Persone) |
SommerMartin
SlacalekJiri |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Saving and investment
Wealth Labor Macroeconomics Money and Monetary Policy Macroeconomics: Consumption Saving Business Fluctuations Cycles Personal Income, Wealth, and Their Distributions Monetary Policy, Central Banking, and the Supply of Money and Credit: General Unemployment: Models, Duration, Incidence, and Job Search Aggregate Factor Income Distribution Monetary economics Labour income economics Credit Disposable income Unemployment Income Personal income Money National accounts National income |
ISBN |
1-4755-7926-8
1-4755-1366-6 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; Figures; 1. Personal Saving Rate in 2007-2011 and Previous Recessions; II. Theory: Target Wealth and Credit Conditions; 2. Consumption Function (Stable Arm of Phase Diagram); 3. A Wealth Shock; 4. Relaxation of a Natural Borrowing Constraint from 0 to h; 5. Dynamics of the Saving Rate after an Increase in Unemployment Risk; III. Data and Measurement Issues; 6. Net Worth-Disposable Income Ratio; 7. The Credit Easing Accumulated (CEA) Index; 8. Unemployment Risk E[sub(t)]u[sub(t+4)] and Unemployment Rate (Percent); IV. Reduced-Form Saving Regressions
A. Baseline Estimates 9. The Fit of the Baseline Model and the Time Trend-Actual and Fitted PSR (Percent of Disposable Income); B. Robustness Checks; 10. The Fit of the Baseline Model and the Model with Full Controls (of Table 2)-Actual and Fitted PSR (Percent of Disposable Income); C. Sub-Sample Stability; D. Saving Rate Decompositions; V. Structural Estimation; A. Estimation Procedure; B. Results; 11. Extent of Credit Constraints mt (Fraction of Quarterly Disposable Income); 12. Per Quarter Permanent Unemployment Risk Ω[sub(t)] 13. Fit of the Structural Model-Actual and Fitted PSR (Percent of Disposable Income)14. Decomposition of Fitted PSR (Percent of Disposable Income); VI. Conclusions; 15. Alternative Measures of Credit Availability; 16. Growth of Real Disposable Income (Percent); 17. Personal Saving Rate (Percent of Disposable Income); Tables; 1. Preliminary Saving Regressions and the Time Trend; 2. Additional Saving Regressions I.-Robustness to Explanatory Variables; 3. Additional Saving Regressions II.-Sub-sample Stability; 4. Personal Saving Rate-Actual and Explained Change, 2007-2010 5. Calibration and Structural Estimates6. Preliminary Saving Regressions and the Time Trend-Saving Rate Generated by the Structural Model; 7. Univariate Properties of Disposable Income and Personal Saving Rate; 8. Campbell (1987) Saving for a Rainy Day Regressions; References |
Record Nr. | UNINA-9910826197203321 |
Carroll Christopher
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Distributional Impact of Fiscal Policy in Honduras / / David Locke Newhouse, Irene Yackovlev, Robert Gillingham |
Autore | Newhouse David Locke |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (22 p.) |
Disciplina | 336.2 |
Altri autori (Persone) |
YackovlevIrene
GillinghamRobert |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Taxation - Honduras
Fiscal policy - Honduras Macroeconomics Public Finance Corporate Taxation Aggregate Factor Income Distribution Personal Income, Wealth, and Their Distributions Macroeconomics: Consumption Saving Wealth Fiscal Policy Business Taxes and Subsidies Corporate & business tax Income Personal income Consumption Fiscal policy Corporate income tax Economics Corporations Taxation |
ISBN |
1-4623-1947-5
1-4527-4504-8 1-4518-7026-4 1-282-84119-X 9786612841194 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Methodology; Data sources; Estimation of taxes and price subsidies; Estimation of other government benefits; Classifying variables; Tables; 1. Household Demographic Characteristics; III. The Incidence of Direct and Indirect Taxes; 2. Distribution of Consumption and Income; Direct taxes; 3. Tax Revenues by Type, 2004-2006; 4. Tax Rate Schedule; Indirect taxes; 5. Distribution of Personal and Corporate Income Taxes; IV. Distribution of Government Spending Programs and Implicit Subsidies; Subsidies and grants; 6. Distribution of Indirect Taxes
Government expenditure on health and education7. Distribution of Subsidies and Grants; 8. Distribution of MOH Health Spending; 9. Distribution of Education Spending; Pension systems; 10. Pension System Contribution Rates; V. Summary and Conclusions; 11. Distribution of Pension System Subsidies; 12. Distributional Effects of Fiscal Policy; Figures; 1. Income and Consumption by Income per Capita Quintile; Appendix; I. Effect of Classifying Households by Income per Capita; 2. Income and Consumption by Consumption per Capita Quintile 13. Distributional Effects of Fiscal Policy (Income per Capita Quintiles)3. Effect of Changing Classifying Variable on Means; References |
Record Nr. | UNINA-9910788235203321 |
Newhouse David Locke
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Distributional Impact of Fiscal Policy in Honduras / / David Locke Newhouse, Irene Yackovlev, Robert Gillingham |
Autore | Newhouse David Locke |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (22 p.) |
Disciplina | 336.2 |
Altri autori (Persone) |
YackovlevIrene
GillinghamRobert |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Taxation - Honduras
Fiscal policy - Honduras Macroeconomics Public Finance Corporate Taxation Aggregate Factor Income Distribution Personal Income, Wealth, and Their Distributions Macroeconomics: Consumption Saving Wealth Fiscal Policy Business Taxes and Subsidies Corporate & business tax Income Personal income Consumption Fiscal policy Corporate income tax Economics Corporations Taxation |
ISBN |
1-4623-1947-5
1-4527-4504-8 1-4518-7026-4 1-282-84119-X 9786612841194 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Methodology; Data sources; Estimation of taxes and price subsidies; Estimation of other government benefits; Classifying variables; Tables; 1. Household Demographic Characteristics; III. The Incidence of Direct and Indirect Taxes; 2. Distribution of Consumption and Income; Direct taxes; 3. Tax Revenues by Type, 2004-2006; 4. Tax Rate Schedule; Indirect taxes; 5. Distribution of Personal and Corporate Income Taxes; IV. Distribution of Government Spending Programs and Implicit Subsidies; Subsidies and grants; 6. Distribution of Indirect Taxes
Government expenditure on health and education7. Distribution of Subsidies and Grants; 8. Distribution of MOH Health Spending; 9. Distribution of Education Spending; Pension systems; 10. Pension System Contribution Rates; V. Summary and Conclusions; 11. Distribution of Pension System Subsidies; 12. Distributional Effects of Fiscal Policy; Figures; 1. Income and Consumption by Income per Capita Quintile; Appendix; I. Effect of Classifying Households by Income per Capita; 2. Income and Consumption by Consumption per Capita Quintile 13. Distributional Effects of Fiscal Policy (Income per Capita Quintiles)3. Effect of Changing Classifying Variable on Means; References |
Record Nr. | UNINA-9910820684503321 |
Newhouse David Locke
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows / / Nadeem Ilahi, Riham Shendy |
Autore | Ilahi Nadeem |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (19 p.) |
Disciplina | 338.27282 |
Altri autori (Persone) | ShendyRiham |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Petroleum industry and trade
Exports and Imports Finance: General Investments: General Macroeconomics Remittances Energy: Demand and Supply Prices Macroeconomics: Consumption Saving Wealth General Financial Markets: General (includes Measurement and Data) Investment Capital Intangible Capital Capacity International economics Finance Oil prices Private consumption Emerging and frontier financial markets Private investment International finance Consumption Economics Financial services industry Saving and investment |
ISBN |
1-4623-8505-2
1-4527-4706-7 1-4518-7025-6 1-282-84118-1 9786612841187 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Contents; I. Introduction; II. Background; III. Hypotheses and Empirical Specification; IV. Data and Summary Statistics; Figures; 1. Output-Weighted GDP Growth Rates; Tables; 1. Summary Statistics; V. Estimation Results; 2. Ratio of GCC Current Account Surpluses to Combined Regional (non-GCC) GDP; 2. Regional Countries GDP Growth Regression; 3. Regional Countries Private Consumption Growth Regression; VI. Conclusion; 4. Regional Countries private Investment Growth Regressions; Appendix; Data Sources and Description; References |
Record Nr. | UNINA-9910788234303321 |
Ilahi Nadeem
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows / / Nadeem Ilahi, Riham Shendy |
Autore | Ilahi Nadeem |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (19 p.) |
Disciplina | 338.27282 |
Altri autori (Persone) | ShendyRiham |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Petroleum industry and trade
Exports and Imports Finance: General Investments: General Macroeconomics Remittances Energy: Demand and Supply Prices Macroeconomics: Consumption Saving Wealth General Financial Markets: General (includes Measurement and Data) Investment Capital Intangible Capital Capacity International economics Finance Oil prices Private consumption Emerging and frontier financial markets Private investment International finance Consumption Economics Financial services industry Saving and investment |
ISBN |
1-4623-8505-2
1-4527-4706-7 1-4518-7025-6 1-282-84118-1 9786612841187 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Contents; I. Introduction; II. Background; III. Hypotheses and Empirical Specification; IV. Data and Summary Statistics; Figures; 1. Output-Weighted GDP Growth Rates; Tables; 1. Summary Statistics; V. Estimation Results; 2. Ratio of GCC Current Account Surpluses to Combined Regional (non-GCC) GDP; 2. Regional Countries GDP Growth Regression; 3. Regional Countries Private Consumption Growth Regression; VI. Conclusion; 4. Regional Countries private Investment Growth Regressions; Appendix; Data Sources and Description; References |
Record Nr. | UNINA-9910808099203321 |
Ilahi Nadeem
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study / / Christiane Nickel, Katja Funke |
Autore | Nickel Christiane |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (27 p.) |
Altri autori (Persone) | FunkeKatja |
Collana | IMF Working Papers |
Soggetto topico |
Balance of trade - Econometric models
Demand (Economic theory) - Econometric models Expenditures, Public - Econometric models Fiscal policy - Econometric models Imports - Econometric models Exports and Imports Investments: General Macroeconomics Public Finance Trade: General National Government Expenditures and Related Policies: General Macroeconomics: Consumption Saving Wealth Investment Capital Intangible Capital Capacity International economics Public finance & taxation Expenditure Imports Private consumption Private investment Exports Expenditures, Public Consumption Economics Saving and investment |
ISBN |
1-4623-1549-6
1-4519-9137-1 1-283-51237-8 1-4527-0248-9 9786613824820 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. THE GOVERNMENT SECTOR AND THE TRADE ACCOUNT""; ""III. THE MODEL SPECIFICATION""; ""IV. EMPIRICAL ANALYSIS AND RESULTS""; ""V. SUMMARY AND CONCLUSION""; ""APPENDIX 1: DATA DESCRIPTION AND SOURCES""; ""APPENDIX 2: SINGLE TIME-SERIES ESTIMATIONS OF TRADE ELASTICITIES FOR THE G- 7 COUNTRIES""; ""REFERENCES"" |
Record Nr. | UNINA-9910788416903321 |
Nickel Christiane
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study / / Christiane Nickel, Katja Funke |
Autore | Nickel Christiane |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (27 p.) |
Altri autori (Persone) | FunkeKatja |
Collana | IMF Working Papers |
Soggetto topico |
Balance of trade - Econometric models
Demand (Economic theory) - Econometric models Expenditures, Public - Econometric models Fiscal policy - Econometric models Imports - Econometric models Exports and Imports Investments: General Macroeconomics Public Finance Trade: General National Government Expenditures and Related Policies: General Macroeconomics: Consumption Saving Wealth Investment Capital Intangible Capital Capacity International economics Public finance & taxation Expenditure Imports Private consumption Private investment Exports Expenditures, Public Consumption Economics Saving and investment |
ISBN |
1-4623-1549-6
1-4519-9137-1 1-283-51237-8 1-4527-0248-9 9786613824820 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. THE GOVERNMENT SECTOR AND THE TRADE ACCOUNT""; ""III. THE MODEL SPECIFICATION""; ""IV. EMPIRICAL ANALYSIS AND RESULTS""; ""V. SUMMARY AND CONCLUSION""; ""APPENDIX 1: DATA DESCRIPTION AND SOURCES""; ""APPENDIX 2: SINGLE TIME-SERIES ESTIMATIONS OF TRADE ELASTICITIES FOR THE G- 7 COUNTRIES""; ""REFERENCES"" |
Record Nr. | UNINA-9910826317803321 |
Nickel Christiane
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Domestic Taxes and International Trade : : Some Evidence / / Michael Keen, Murtaza Syed |
Autore | Keen Michael |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (30 p.) |
Altri autori (Persone) | SyedMurtaza |
Collana | IMF Working Papers |
Soggetto topico |
Value-added tax - Econometric models
Corporations - Taxation - Econometric models International trade - Econometric models Exports and Imports Macroeconomics Public Finance Taxation Corporate Taxation Business Taxes and Subsidies Trade: General Taxation, Subsidies, and Revenue: General Macroeconomics: Consumption Saving Wealth Corporate & business tax Public finance & taxation International economics Corporate income tax Value-added tax Exports Revenue administration Consumption Corporations Spendings tax Revenue Economics |
ISBN |
1-4623-9219-9
1-4527-2694-9 1-282-59020-0 9786613822604 1-4519-0843-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. TAX STRUCTURE AND NET EXPORTS: ANALYTICS""; ""III. THE DATA: A FIRST LOOK""; ""IV. EMPIRICAL ANALYSIS""; ""V. SUMMARY AND CONCLUSIONS""; ""References"" |
Record Nr. | UNINA-9910788519103321 |
Keen Michael
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Domestic Taxes and International Trade : : Some Evidence / / Michael Keen, Murtaza Syed |
Autore | Keen Michael |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (30 p.) |
Altri autori (Persone) | SyedMurtaza |
Collana | IMF Working Papers |
Soggetto topico |
Value-added tax - Econometric models
Corporations - Taxation - Econometric models International trade - Econometric models Exports and Imports Macroeconomics Public Finance Taxation Corporate Taxation Business Taxes and Subsidies Trade: General Taxation, Subsidies, and Revenue: General Macroeconomics: Consumption Saving Wealth Corporate & business tax Public finance & taxation International economics Corporate income tax Value-added tax Exports Revenue administration Consumption Corporations Spendings tax Revenue Economics |
ISBN |
1-4623-9219-9
1-4527-2694-9 1-282-59020-0 9786613822604 1-4519-0843-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. TAX STRUCTURE AND NET EXPORTS: ANALYTICS""; ""III. THE DATA: A FIRST LOOK""; ""IV. EMPIRICAL ANALYSIS""; ""V. SUMMARY AND CONCLUSIONS""; ""References"" |
Record Nr. | UNINA-9910819865503321 |
Keen Michael
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Drivers of Housing Cycles in Spain / / Pau Rabanal, Oriol Aspachs-Bracons |
Autore | Rabanal Pau |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (63 p.) |
Disciplina | 363.5 |
Altri autori (Persone) | Aspachs-BraconsOriol |
Collana | IMF Working Papers |
Soggetto topico |
Global Financial Crisis, 2008-2009
Monetary policy Risk Infrastructure Investments: General Macroeconomics Real Estate Financial Markets and the Macroeconomy Monetary Policy International Conflicts Negotiations Sanctions Macroeconomics: Consumption Saving Wealth Economic Development: Urban, Rural, Regional, and Transportation Analysis Housing Housing Supply and Markets Labor Economics: General Investment Capital Intangible Capital Capacity Property & real estate Labour income economics Consumption Housing prices Labor Return on investment National accounts Prices Saving and investment Economics Labor economics |
ISBN |
1-4623-4870-X
1-4527-6721-1 1-283-51370-6 9786613826152 1-4519-1772-4 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover Page; Title Page; Copyright Page; Contents; Figures; Tables; I. Introduction; 1. Residential Investment (y-o-y real growth rate); 2. House Price Indices (y-o-y percent growth rate); 3. 3-Month T-Bill Rates in Spain and in the EMU; 4. Number of Households and Population. Annual Growth Rates; II. The Model; A. Households; B. Producers; B.1 Final Goods Producers; B.2 Intermediate Goods Producers; C. Closing the Model; C.1 Market Clearing Conditions; C.2 Monetary Policy Rule; III. Bayesian Estimation; A. Data; B. Priors and Posteriors; 1. Calibrated parameters
2a. Prior and Posterior Disributions5. Priors (black solid line) and Posteriors (red dashed line); 6. Priors (black solid line) and Posteriors (red dashed line); 2b. Prior and Posterior Disributions; C. Implications of the Model: Posterior Second Moments and Impulse Responses; C.1 Second Moments; 3a. Second Moments in Spain; 3b. Second Moments in the rest of EMU; 4. Variance Decomposition (in percent); C.2 Model Simulation; 7. Model Simulation with Smoothed Shocks. Percent Contribution of Each Shock to Overall Volatility; C.3 Impulse Responses 8. Posterior Impulse Responses (mean and 95% C.I.) to a Technology Shock in the Housing Sector9. Posterior Impulse Responses (mean and 95% C.I.) to a Preference Shock in the Housing Sector; 10. Posterior Impulse Responses (mean and 95% C.I.) to a Monetary Policy Shock in the Euro Area; IV. Robustness: The Role of Financial Frictions and Labor Market Rigidities; 5. Model Comparison; V. Conclusions; References; Footnotes |
Record Nr. | UNINA-9910788411703321 |
Rabanal Pau
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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