 | Structural Balance Targeting and Output Gap Uncertainty Author/Editor: Eugen Tereanu, Anita Tuladhar, Alejandro Simone. Release Date:June, 2014 Potential output estimation plays a crucial role in conducting fiscal policy based on structural balances. Difficulties in estimating potential output could lead to an erroneous policy stance with a more...
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 | Automatic Fuel Pricing Mechanisms with Price Smoothing : Design, Implementation, and Fiscal Implications Author/Editor: David Coady, Javier Arze del Granado, Luc Eyraud, Anita Tuladhar. Release Date:January, 2013 Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. more...
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 | Macroeconomic Effects of Public Pension Reforms Author/Editor: Joana Pereira, Philippe D Karam, Dirk Muir, Anita Tuladhar. Release Date:December, 2010 The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region more...
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 | Public Investment as a Fiscal Stimulus : Evidence from Japan’s Regional Spending During the 1990s Author/Editor: Anita Tuladhar, Markus Bruckner. Release Date:April, 2010 How effective was public investment in stimulating the Japanese economy during the economic stagnation of the 1990s? Using a dataset of regional public investment spending, we find that investment more...
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 | Yield Curve Dynamics and Spillovers in Central and Eastern European Countries Author/Editor: Alexander W. Hoffmaister, Jorge Roldos, Anita Tuladhar. Release Date:February, 2010 This paper applies the models used to study yield curve dynamics and spillovers in the U.S. and other countries to Central and Eastern European countries (CEE countries). Using the Diebold, more...
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 | Tax and Pension Reform in the Czech Republic—Implications for Growth and Debt Sustainability Author/Editor: Dennis P J Botman, Anita Tuladhar. Release Date:May, 2008 The Czech Republic has embarked on an ambitious tax reform and expenditure package to bring the deficit sustainably below 3 percent, and intends to reduce the deficit to 1 percent of GDP by 2012. To more...
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 | Tax, Welfare, and Pension Reforms in Slovenia : Implications for Work Incentives and Labor Participation Author/Editor: Philippe Egoume Bossogo, Anita Tuladhar. Release Date:December, 2006 The labor participation rate in Slovenia has been lower than in the EU-15 (the members states prior to May 2004), particularly for the low-income and older individuals. Using simulations of tax and more...
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 | Governance Structures and Decision-Making Roles in Inflation-Targeting Central Banks Author/Editor: Anita Tuladhar. Release Date:September, 2005 This paper surveys decision-making roles of governing bodies of central banks that have formally adopted inflation targeting as a monetary framework. Governance practices seek to balance more...
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 | Labor Productivity and Real Exchange Rate : The Balassa-Samuelson Disconnect in the former Yugoslav Republic of Macedonia Author/Editor: Boileau Loko, Anita Tuladhar. Release Date:June, 2005 This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor more...
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