|
|
|
|
LEADER |
03061nmm a2200601 u 4500 |
001 |
EB002214903 |
003 |
EBX01000000000000001351864 |
005 |
00000000000000.0 |
007 |
cr||||||||||||||||||||| |
008 |
240607 ||| eng |
020 |
|
|
|a 9798400261466
|
100 |
1 |
|
|a Balasundharam, Vybhavi
|
245 |
0 |
0 |
|a Inflation Indexation in Public Finances: A Global Dataset on Current Practices
|c Vybhavi Balasundharam, Arika Kayastha, Marcos Poplawski Ribeiro
|
260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2023
|
300 |
|
|
|a 43 pages
|
653 |
|
|
|a Economic & financial crises & disasters
|
653 |
|
|
|a Inflation
|
653 |
|
|
|a Economics
|
653 |
|
|
|a Private Pensions
|
653 |
|
|
|a Labour
|
653 |
|
|
|a Social Security and Public Pensions
|
653 |
|
|
|a Public finance & taxation
|
653 |
|
|
|a Nonwage Labor Costs and Benefits
|
653 |
|
|
|a Wages, Compensation, and Labor Costs: General
|
653 |
|
|
|a Deflation
|
653 |
|
|
|a Institutions: Design, Formation, and Operations
|
653 |
|
|
|a Economics: General
|
653 |
|
|
|a Fiscal Policy
|
653 |
|
|
|a Informal sector
|
653 |
|
|
|a Labor
|
653 |
|
|
|a Economics of specific sectors
|
653 |
|
|
|a Expenditure
|
653 |
|
|
|a National Government Expenditures and Welfare Programs
|
653 |
|
|
|a Price Level
|
653 |
|
|
|a Currency crises
|
653 |
|
|
|a Expenditures, Public
|
653 |
|
|
|a Personal Finance -Taxation
|
653 |
|
|
|a Pensions
|
653 |
|
|
|a Prices
|
653 |
|
|
|a Macroeconomics
|
653 |
|
|
|a Wages
|
653 |
|
|
|a Public Finance
|
653 |
|
|
|a Income economics
|
653 |
|
|
|a Income tax
|
700 |
1 |
|
|a Kayastha, Arika
|
700 |
1 |
|
|a Poplawski Ribeiro, Marcos
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
|
|
|b IMF
|a International Monetary Fund
|
490 |
0 |
|
|a IMF Working Papers
|
028 |
5 |
0 |
|a 10.5089/9798400261466.001
|
856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2023/264/001.2023.issue-264-en.xml?cid=542647-com-dsp-marc
|x Verlag
|3 Volltext
|
082 |
0 |
|
|a 330
|
520 |
|
|
|a This paper presents a new global dataset on current practices for four budget items in terms of indexation to the price level and other nominal variables. Compiling data from documents of select multilateral organizations, governments, and related literature as well as conducting a survey among IMF country desks of 190 country-members, we show how indexation is internationally applied in (i) personal income tax brackets; (ii) pensions; (iii) social assistance programs; and (iv) public wages. The dataset shows that while indexation policies vary significantly across economies, some trends can be identified. For example, indexation is more common on pension and social grants than on taxes, and falls with the degree of economic development. We further discuss some applications of this new dataset. Those include an accounting exercise illustrating the impacts of indexation on fiscal outcomes during episodes of inflation surprises; and an analysis of the association between the overall degree of indexation combining the four budget items and inflation persistence
|