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Macroeconomic Effects of EU Transfers in New Member States.

Large inflows from the European Union to the New Member States are likely to significantlyimpact macroeconomic outcomes. In this paper, we use the IMF's Global Integrated Monetaryand Fiscal model (GIMF) to analyze the impact of the transfers and show the conditionsunder which they would help sp...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Fund, International Monetary
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Fund, International Monetary. 
245 1 0 |a Macroeconomic Effects of EU Transfers in New Member States. 
260 |a Washington :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (71 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Papers 
588 0 |a Print version record. 
505 0 |a Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Review of the Literature; III. The Model; 1. Convergence Scenario (baseline for shocks), 2003-40; 1. Selected Calibration Parameters; IV. Channels for EU Funds to Recipient Countries; 2. EU Transfers to Households' Income Support; 5. EU Transfers to Public Infrastructure Investment; 6. EU Transfers to Private Investment; V. Combining the Channels: What do Current Plans Imply for the Macro Economy; 2. Average EU Funds Spending; 7. Actual Plans for EU Transfers; VI. Four Lessons for Policy-Makers. 
505 8 |a 2. Change in Welfare in Each of the Scenarios3. Ratio of Net Present Value of GDP Gains to NPV of EU Funds Disbursement; 8. Role of a Pro-Cyclical Policy on the Impact of EU Funds, Comparison with the Baseline Scenario of Counter-Cyclical Fiscal Policy; VII. Conclusion; I. EU Funds: What is in the Offing?; 1. Average EU Funds Spending; 2. EU Funds Payments and Relative GDP per Capita; 3a. Central Europe: EU Funds Spending, 2004-15; 3b. Baltics: EU Funds Spending, 2004-15; II. Modifications to GIMF; III. List of Parameters Used for the Calibration of the Model. 
505 8 |a 4a. EU Fund Transfer Shock, 2003-404b. EU Fund Transfer Shock, 2003-40; 4c. EU Fund Transfer Shock, 2003-40; 4d. EU Fund Transfer Shock, 2003-40; 5a. IT Countries: EU Fund Transfer Shock, 2003-40; 5b. IT Countries: EU Fund Transfer Shock, 2003-40; 5c. IT Countries: EU Fund Transfer Shock, 2003-40; 5d. IT Countries: EU Fund Transfer Shock, 2003-40; 6a. FE Countries: EU Fund Transfer Shock, 2003-40; 6b. FE Countries: EU Fund Transfer Shock, 2003-40; 6c. FE Countries: EU Fund Transfer Shock, 2003-40; 6d. FE Countries: EU Fund Transfer Shock, 2003-40. 
505 8 |a 7. FE Countries: EU Fund Transfer Shock, 2003-40. Sensitivity Analysis with Price And Quantity Adj. Costs of a Flexible Exchange Rate Regime. References; Footnotes. 
520 |a Large inflows from the European Union to the New Member States are likely to significantlyimpact macroeconomic outcomes. In this paper, we use the IMF's Global Integrated Monetaryand Fiscal model (GIMF) to analyze the impact of the transfers and show the conditionsunder which they would help speed up convergence. We find that the EU funds need to bedirected predominantly to investment rather than to income support and that to bestaccompany the EU fund inflows, the policy-mix would need to combine counter-cyclicalpolicy with a strong commitment to the existing monetary regime. 
504 |a Includes bibliographical references. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Convergence (Economics)  |z Europe, Eastern. 
650 0 |a Transfer payments  |z Europe, Eastern. 
651 0 |a Europe, Eastern  |x Economic conditions  |y 1989- 
651 0 |a Europe, Eastern  |x Foreign economic relations  |z European Union countries. 
651 0 |a European Union countries  |x Foreign economic relations  |z Europe, Eastern. 
650 6 |a Rapprochement (Économie)  |z Europe de l'Est. 
650 6 |a Paiements de transfert  |z Europe de l'Est. 
651 6 |a Europe de l'Est  |x Conditions économiques  |y 1989- 
651 6 |a Europe de l'Est  |x Relations économiques extérieures  |z Pays de l'Union européenne. 
651 6 |a Pays de l'Union européenne  |x Relations économiques extérieures  |z Europe de l'Est. 
650 7 |a Convergence (Economics)  |2 fast 
650 7 |a Economic history  |2 fast 
650 7 |a International economic relations  |2 fast 
650 7 |a Transfer payments  |2 fast 
651 7 |a Eastern Europe  |2 fast 
651 7 |a European Union countries  |2 fast 
648 7 |a Since 1989  |2 fast 
758 |i has work:  |a Macroeconomic effects of EU transfers in New Member States (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGw7Xc7pBbrgTpCXG9qB8C  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Fund, International Monetary.  |t Macroeconomic Effects of EU Transfers in New Member States.  |d Washington : International Monetary Fund, ©2008  |z 9781451870817 
830 0 |a IMF Working Papers. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1586700  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1586700 
938 |a YBP Library Services  |b YANK  |n 11663860 
994 |a 92  |b IZTAP