Working Papers


22-July-2009

English

Financial stability in the United Kingdom: Banking on prudence

This paper reviews the supervisory and regulatory framework and the many reforms that have already been adopted to remedy these weaknesses. It also provides recommendations for further reforms.

Related Documents

17-July-2009

English

Economic growth and the role of taxation – Aggregate data

This paper surveys research that has undertaken empirical analysis of aggregate data. The focus of the survey is the identification of the factors that determine the rate of growth.

17-July-2009

English

Economic growth and the role of taxation – Theory

This paper provides a self-contained introduction to the economic modelling of growth and reviews the theoretical evidence on the extent of the link between taxation and growth.

17-July-2009

English

Economic growth and the role of taxation- disaggregate data

This paper surveys the empirical analysis of disaggregate data on growth. The aim is to identify how economic policy can affect the choices that have been identified as influences upon the rate of growth.

8-July-2009

English

Taxes or grants: what revenue source for sub-central governments?

This paper analyses trends in and driving forces of the revenue composition of sub-central governments (SCG).

8-July-2009

English

The spending power of sub-central governments: A pilot study

This pilot study presents indicators that assess sub-central government (SCG) spending power by policy area. Traditional indicators are often misleading as they underestimate the impact of central government regulation on sub-central spending patterns.

6-July-2009

English

Price and volume elasticities of Brazilian foreign trade: A profit function approach

To investigate the possible impact of terms of trade gains on the real economy, this paper estimates normalised quadratic input demand and output supply functions for the Brazilian economy during 1997-2008.

6-July-2009

English

Current account sustainability in Brazil: A non linear approach

To shed further light on this issue in the context of emerging market economies, this paper uses Brazilian data to estimate the determinants of the current account in a smooth transition vector autoregressive (ST VAR) setting.

20-March-2009

English

Government consumption volatility and the size of nations

The aim of this paper is to analyze the relation between the volatility of government consumption and country size. The results are robust to different time and country samples, different econometric techniques and to several sets of control variables.

9-March-2009

English

Achieving fiscal flexibility and safeguarding sustainability - The case of Slovakia

Euro Area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.

Related Documents
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