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Australia Selected Issues

This Selected Issues paper on Australia highlights the IMF’s new Global Integrated Monetary and Fiscal Model (GIMF), which is used to examine the macroeconomic implications of alternative fiscal responses to higher revenue. Lower labor and capital income taxes, along with higher public investment, w...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Subjects:
Real Estate
Banks
Finance
Public Finance & Taxation
Banks And Banking
Financial Sector Policy And Analysis
Taxes
Housing; Prices
Mortgages
Welfare & Benefit Systems
National Government Expenditures And Related Policies: General
Investments: Commodities
Commodities
Property & Real Estate
Financial Risk Management
Banking
Taxation
Personal Income And Other Nonbusiness Taxes And Subsidies
Commercial Products
Commodity Markets
Income Tax
Depository Institutions
Labor Taxes
Housing Supply And Markets
Micro Finance Institutions
Financial Institutions And Services: Government Policy And Regulation
Expenditure
Expenditures, Public
Prices
Investment & Securities
Public Finance
Finance: General
Housing Prices
Stress Testing
Australia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper on Australia highlights the IMF’s new Global Integrated Monetary and Fiscal Model (GIMF), which is used to examine the macroeconomic implications of alternative fiscal responses to higher revenue. Lower labor and capital income taxes, along with higher public investment, will generate the largest economic gains in the long term. The model shows that saving a portion of the additional revenue in the short term can help alleviate demand pressures and increase overall domestic savings
Physical Description:34 pages
ISBN:9781451802184

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