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The Global Informal Workforce: Priorities for Inclusive Growth, edited by Corinne C. Deléchat and Leandro Medina published by IMF (2021). The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social …
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After-Effects of the COVID-19 Pandemic: Prospects for Medium-Term Economic Damage by Philip Barrett, Sonali Das, Giacomo Magistretti, Evgenia Pugacheva, Philippe Wingender by IMF (7/2021). The COVID-19 pandemic has led to a severe global recession with differential impacts within and across countries. This paper examines the possible persistent effects (scarring) of the pandemic on the economy and the channels through which …
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Strategy for Engagement on Social Spending published by IMF (6/2019) “The paper A Strategy for IMF Engagement on Social Spending outlines the scope, objectives, and boundaries of engagement and provides guidance on when and how to engage on social spending. The strategy was informed by background analysis, broad consultations, and the Executive Board-endorsed recommendations of the 2017 Independent Evaluation Office …
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Economist-less economics: The future of economics in an AI-biased world by Tohid Atashbar published by World Economic Forum (8/2021). "Sooner or later, AI-economist machines will replace human economists in many areas. Unsupervised or reinforcement learning algorithms that can brute force the infinite set of relations and variables will revolutionise economics. AI bias in economic policymaking can be reduced but will …
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Reduce Inequality To Create Opportunity By Kristalina Georgieva published by IMF (1/2020). Over the past decade, inequality has become one of the most complex and vexing challenges in the global economy. "Inequality of opportunity. Inequality across generations. Inequality between women and men. And, of course, inequality of income and wealth . They are all present in our societies and—unfortunately— in many countries they are growing. The …
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A aritmética da PEC 55: o alvo é reduzir saúde e educação por Esther Dwek e Pedro Rossi publicado por Brasil Debate (11/2016). "A PEC não se sustenta sem desvincular saúde e educação, o seu único dispositivo constitucional. Todas as demais propostas do suposto “novo regime fiscal” não eram, até esse momento, nem no Brasil nem em qualquer lugar do …
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'Salário' de procurador pode superar R$ 120 mil por mês publicado por Valor Econômico (12/2016). “As indenizações podem até quadruplicar o salário mensal de um procurador do Ministério Público Federal (MPF). Em alguns meses, a combinação de auxílios para moradia, alimentação e ajuda de custo fizeram com que procuradores chegassem a receber até R$ 121 mil, dos quais R$ 96 …
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Why a Stubborn Conservative would Run a Deficit: Policy with Time-Inconsistent Preferences by T. Persson and Lars E. O. Svensson published by Quarterly Journal of Economics (1989). A conservative government, in favor of a low level of public consumption, knows that it will be replaced by a government in favor of a larger level of public consumption. We show that the …
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Shedding light on PPP-adjusted GDP measures by Maxim Pinkovskiy, Xavier Sala-i-Martin published by VOXEU (6/2016). When it comes to measuring GDP, researchers tend to use the latest vintage of the Penn World Tables. However, competing series like the World Development Indicators (WDI) and changing methodologies between vintages mean this is not necessarily the best approach. This column assesses the relative performance …
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O imposto de renda do Brasil no tempo: da progressividade ao liberalismo por Róber Iturriet Avila e João Batista Santos Conceição publicado por Brasil Debate (2/2017). “A partir dos militares ocorreu redução da progressividade tributária e, na década de 1980, firmou-se a concepção de que a renda deveria ser tributada linearmente e o capital desonerado para incentivar investimentos A cobrança …
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