Pace and Sequencing of Economic Policies [Elektronisk resurs] / Juan Zalduendo.
-
Zalduendo, Juan. (författare)
-
Zalduendo, Juan. (författare)
- ISBN 1451861370
- Publicerad: Washington, D.C. International Monetary Fund, 2005
- Engelska 1 online resource (20 p.)
-
Serie: IMF Working Papers; Working Paper, 1018-5941 ; No. 05/118
- Relaterad länk:
-
http://www.imfbookst... (IMF Book Store)
Sammanfattning
Ämnesord
Stäng
- This paper examines the design of economic policies using factor analysis, which has several advantages; in particular, it limits the problems that typically arise from the high correlation of economic policy indicators, it helps in identifying clusters of economic policy, and it facilitates the derivation of policy design indicators that represent the pace and sequence of economic policies. Econometric results show that the introduction of sound economic policies has both level effects and growth effects, suggesting it is necessary to exercise caution when assessing a country's growth prospects immediately following the introduction of new policies. In addition, the results suggest that growth strengthens when a country implements policies that outpace either a notional measure of "world average policies" or a country's own policy trend, and highlight the critical role played by macroeconomic vis-à-vis microeconomic policies. The latter also reveals the existence of sequencing factors in policy implementation; for example, trade liberalization and financial liberalization positively affect growth, but more so if economic stability and fiscal sustainability have been secured.
Ämnesord
- Correlation (imf)
- Development Planning and Policy: Other (imf)
- Economywide Country Studies: General (imf)
- Equation (imf)
- Factor Analysis (imf)
- Growth (imf)
- Finland (imf)
- Poland (imf)
- Ukraine (imf)
- Zimbabwe (imf)
Inställningar
Hjälp
Titeln finns på 3 bibliotek.
Ange som favorit
-
Handelshögskolan i Stockholm, Digitala biblioteket (Shad)Ange som favorit
-
Bibliotekets webbplats
-
-
Läs hela (International Monetary Fund eLibrary)
Öppettider, adress m.m.
Ange som favorit
-
Göteborgs universitetsbibliotek, E-resurser (Gdix)Ange som favorit
-
Bibliotekets lokala katalogFind@GU
-
-
Läs hela (Tillgänglig för Göteborgs universitet / Online access for the University of Gothenburg) (International Monetary Fund eLibrary:Full Text)
Öppettider, adress m.m.
Ange som favorit
-
Lunds universitets bibliotek, Digitala resurser (Ldix)Ange som favorit
-
Titeln i bibliotekets lokala katalog
-
-
Läs hela (Online access for Lund University) (International Monetary Fund (IMF) eLibrary)
Utlånad?Öppettider, adress m.m.