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:
Since 1989
Convergence (Economics) > Europe, Eastern.
Transfer payments > Europe, Eastern.
Rapprochement (Économie) > Europe de l'Est.
Paiements de transfert > Europe de l'Est.
Convergence (Economics)
Economic history
International economic relations
Transfer payments
Europe, Eastern > Economic conditions > 1989-
Europe, Eastern > Foreign economic relations > European Union countries.
European Union countries > Foreign economic relations > Europe, Eastern.
Europe de l'Est > Conditions économiques > 1989-
Europe de l'Est > Relations économiques extérieures > Pays de l'Union européenne.
Pays de l'Union européenne > Relations économiques extérieures > Europe de l'Est.
Eastern Europe
European Union countries
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.
  • 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.
  • 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.
  • 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.

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