Description: The Mini-Integrated Macroeconomic Model for Poverty Analysis : A Framework for Analyzing the Unemployment and Poverty Effects of Fiscal and Labor Market Reforms

The Mini-Integrated Macroeconomic Model for Poverty Analysis : A Framework for Analyzing the Unemployment and Poverty Effects of Fiscal and Labor Market Reforms

The author describes a specialized and less data-intensive version of the Integrated Macroeconomic Model for Poverty Analysis (IMMPA) developed by Agenor, Izquierdo, and Fofack (2003) and Agenor, Fernandes, Haddad, and van der Mensbrugghe (2002). T...

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Bibliographic Details
Main Author:	Agenor, Pierre-Richard
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING ADVERSE EFFECTS AGGREGATE DEMAND AGGREGATE EMPLOYMENT AGRICULTURAL PRODUCTION AGRICULTURE AUTONOMOUS CONSUMPTION AVERAGE INCOME BALANCE OF PAYMENTS BARRIERS TO ENTRY BASKET OF GOODS BUSINESS CYCLE CAPACITY BUILDING CAPITAL GOODS CONSTANT ELASTICITY DEMAND CURVE DEMAND FUNCTIONS DEMAND SIDE DEVELOPING COUNTRIES DISCOUNT RATE DISTRIBUTIONAL EFFECTS ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EQUILIBRIUM MODELS EQUILIBRIUM VALUE EXCHANGE RATE EXOGENOUS RATE EXPORTS EXTERNALITY GDP GROWTH RATE HOUSEHOLD INCOME HUMAN CAPITAL IMPORTS INCOME INCOME TAXATION INCOME TAXES INDEXATION INFORMAL SECTOR INSURANCE INTERMEDIATE INPUTS JOB SECURITY LABOR DEMAND LABOR DEMAND CURVE LABOR FORCE LABOR MARKET LABOR SUPPLY LEISURE M3 MARGINAL PRODUCT MARKET DISTORTIONS MIGRATION NET EFFECT NET OUTPUT NET VALUE OPPORTUNITY COST PAYROLL TAXES POLICY CHANGE POLICY ISSUES POLICY RESEARCH POLICY VARIABLES POPULATION GROWTH POSITIVE EFFECT POSITIVE EXTERNALITY POSITIVE IMPACT POVERTY ANALYSIS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POWER PLANTS PRIVATE CONSUMPTION PRIVATE PRODUCTION PRIVATE SECTOR PRODUCERS PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTIVITY PROFIT MAXIMIZATION PUBLIC CAPITAL PUBLIC GOOD PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PURCHASING POWER REAL INCOME REAL WAGE RELATIVE PRICES RETURNS TO SCALE RISK AVERSE SAVINGS SKILLED LABOR SKILLED UNEMPLOYMENT SKILLED WAGE SKILLED WAGES SKILLED WORKER SKILLED WORKERS TAX RATES TAXATION UNEMPLOYMENT UNEMPLOYMENT RATE URBAN AREAS URBAN ECONOMY UTILITY FUNCTION VALUE ADDED VALUE OF OUTPUT VARIABLE COSTS WAGE DIFFERENTIALS WAGES MACROECONOMIC MODELS UNEMPLOYMENT RATES POVERTY MEASUREMENT FISCAL REFORMS LABOR MARKETS UNSKILLED WORKERS SUPPLY & DEMAND CONSUMPTION PATTERNS EMPLOYMENT GENERATION MINIMUM WAGES WAGES MACROECONOMIC MODELS
Online Access:	http://documents.worldbank.org/curated/en/2003/05/2378825/mini-integrated-macroeconomic-model-poverty-analysis-framework-analyzing-unemployment-poverty-effects-fiscal-labor-market-reforms http://hdl.handle.net/10986/18218

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Summary:	The author describes a specialized and less data-intensive version of the Integrated Macroeconomic Model for Poverty Analysis (IMMPA) developed by Agenor, Izquierdo, and Fofack (2003) and Agenor, Fernandes, Haddad, and van der Mensbrugghe (2002). The mini-IMMPA focuses only on the "real" side but it offers a more detailed treatment of the labor market (by accounting, for instance, for public education, employment subsidies, and job security provisions) and the tax structure. Simulations of a cut in payroll taxes on unskilled labor show the importance of accounting for the fiscal implications of labor market reforms when assessing their effects on unemployment and poverty.

The Mini-Integrated Macroeconomic Model for Poverty Analysis : A Framework for Analyzing the Unemployment and Poverty Effects of Fiscal and Labor Market Reforms

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