Fiscal cycles in the Caribbean /

The sharp increase in debt in the Caribbean since the mid-1990s has focused attention on the conduct of fiscal policy in the region. This paper aims to diagnose how fiscal policy has behaved during this period by looking at three main cycles of the economy: the business, election, and natural disast...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Araújo, Juliana Dutra (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, DC] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/158.
Temas:
Fiscal policy > Caribbean Area.
Business cycles > Caribbean Area.
Politique fiscale > Caraïbes (Région)
Cycles économiques > Caraïbes (Région)
Business cycles
Fiscal policy
Caribbean Area
Acceso en línea:Texto completo

MARC

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100 1 |a Araújo, Juliana Dutra,  |e author. 
245 1 0 |a Fiscal cycles in the Caribbean /  |c prepared by Juliana Dutra Araujo. 
260 |a [Washington, DC] :  |b International Monetary Fund,  |c ©2009. 
300 |a 1 online resource (27 pages) :  |b color illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
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490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/09/158 
504 |a Includes bibliographical references (pages 25-27). 
520 3 |a The sharp increase in debt in the Caribbean since the mid-1990s has focused attention on the conduct of fiscal policy in the region. This paper aims to diagnose how fiscal policy has behaved during this period by looking at three main cycles of the economy: the business, election, and natural disaster cycles. Our main findings suggest that fiscal policy has been mostly procyclical in the region, while disasters have been heavily "insured" by foreign transfers. The "when it rains, it pours" phenomena suggested by Kaminsky, Reinhart and Vegh (2004) seems to take place in the Caribbean 
588 0 |a Print version record. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2011.  |5 MiAaHDL 
538 |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
583 1 |a digitized  |c 2011  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
505 0 |a I. Introduction; Figures; 1. Public Sector Debt in Selected Emerging Market Countries, end-2008; II. Business Cycles; A. Descriptive Statistics; Tables; 1. Composition of Fiscal Accounts; B. Fiscal Policy; 2. Expected Correlation of Fiscal Variables and the Business Cycle; 3. Cyclicality of Fiscal Revenue by Type; 4. Correlation of Cyclical Component of Real Government Revenue and Real GDP; 5. Cyclicality of Fiscal Expenditure by Type; 2. Cyclical Component of Real GDP and Real Government Expenditure 
505 8 |a 6. Correlation of Cyclical Component of Real Primary Government Expenditure and Real GDP7. Cyclicality of Fiscal Balance; C. Financial Flows; 8. Correlation of Cyclical Component of Real Fiscal Balance and Real GDP; 9. Amplitude of Financial Flows; 10. Correlation of Cyclical Component of Real Capital Flows and Real GDP; 3. Cyclical Component of Real GDP and FDI-HP Filter; III. Disaster Cycles; IV. Election Cycles; 11. Transfer Flows in the Aftermath of a Disaster; 4. Election Cycles and Primary Balance; 5. Election Cycles and Primary Expenditure; V. Conclusion; Appendix Table; Election Dates 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Fiscal policy  |z Caribbean Area. 
650 0 |a Business cycles  |z Caribbean Area. 
650 6 |a Politique fiscale  |z Caraïbes (Région) 
650 6 |a Cycles économiques  |z Caraïbes (Région) 
650 7 |a Business cycles  |2 fast 
650 7 |a Fiscal policy  |2 fast 
651 7 |a Caribbean Area  |2 fast 
710 2 |a International Monetary Fund.  |b Western Hemisphere Department. 
758 |i has work:  |a Fiscal cycles in the Caribbean (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGhcbCH4wgW4Vyw4vprYrq  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Araújo, Juliana Dutra.  |t Fiscal cycles in the Caribbean.  |d [Washington, DC] : International Monetary Fund (IMF), ©2009  |w (OCoLC)607364852 
830 0 |a IMF working paper ;  |v WP/09/158. 
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