 | High Growth and Low Consumption in East Asia : How to Improve Welfare While Avoiding Financial Failures Author/Editor: Celine Rochon, Andrew Feltenstein, Maral Shamloo. Release Date:December, 2007 This paper analyzes certain policies that are typical of a number of rapidly growing East Asian countries in which a fixed exchange rate, combined with a surplus labor market, has made domestic more...
| Price: $18.00
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| Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses Author/Editor: Celine Rochon, Andrew Feltenstein. Release Date:November, 2006 In this paper, we study the impact of labor market restructuring and foreign direct investment on the banking sector, using a dynamic general equilibrium model with a financial sector. Numerical more...
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| International Versus Domestic Auditing of Bank Solvency Author/Editor: Andrew Feltenstein, Roger Dean Lagunoff. Release Date:September, 2003 This paper examines alternative ways to prevent losses from bank insolvencies. It is widely viewed that transparency in reporting bank balance sheets is a key element in reducing such losses. It is, more...
| Price: $15.00
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| An Analysis of the Underground Economy and its Macroeconomic Consequences Author/Editor: Era Dabla-Norris, Andrew Feltenstein. Release Date:January, 2003 This paper develops a dynamic computable general equilibrium model in which optimizing agents evade taxes by operating in the underground economy. The cost to firms of evading taxes is that they find more...
| Price: $15.00
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| Why Is It So Hard to Finance Budget Deficits? Problems of a Developing Country Author/Editor: Shigeru Iwata, Andrew Feltenstein. Release Date:May, 2002 This paper examines possible ways for a developing country to finance budget deficits from domestic resources. It does so by analyzing Pakistan's National Savings Scheme (NSS). The NSS has a number more...
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| Private Costs and Public Infrastructure : The Mexican Case Author/Editor: Russell D Murphy, Andrew Feltenstein. Release Date:October, 2001 One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a developing economy, the scope for payoffs to investments of this sort may be more...
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| An Analysis of the Optimal Provision of Public Infrastructure : A Computational Model Using Mexican Data Author/Editor: Andrew Feltenstein, Jiming Ha. Release Date:February, 1996 An intertemporal general equilibrium model is used to examine infrastructure effects on the Mexican national income. Production functions are estimated for the major sectors of the economy in which more...
| Price: $15.00
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| Tax Policy and Trade Liberalization : An Application to Mexico Author/Editor: Andrew Feltenstein. Release Date:December, 1992 We construct a dynamic general equilibrium model of an open economy and use it to examine issues of trade liberalization in Mexico. In particular, we consider the fiscal implications of quotas and more...
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| Fiscal Policy During the Demise of Central Planning : The Transition to a Market Economy Author/Editor: Andrew Feltenstein. Release Date:October, 1990 This paper constructs an intertemporal general equilibrium model designed to examine an economy in transition from central planning to being market oriented. A numerical algorithm is developed to more...
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