October 04, 2013
News /
Posted by NCID

Governments dislike large stocks of immigrants and spend significant resources in limiting the number of entries into their countries. However, once a mass of illegal immigrants has accumulated, a powerful incentive emerges to retrieve some fiscal base by granting immigration amnesties. By regularizing the illegal workers governments can increase fiscal revenue through the much larger tax base. “Apart from not contributing to taxes, illegal workers, free ride and are more involved in illegal activities” said Francesco.

“My main question is, ‘over the past 30 years, why hav...

October 01, 2013
News /
Posted by NCID

Professor Luis-Alberiko Gil-Alaña presented an overview of the econometric investigations that he has performed during the last two years together with his coauthors on several issues of great interest concerning Kenyan economy. Making use of the technique of long memory and fractional integration in time series, to which he has highly contributed during the last fifteen years, he provided his audience with a clear idea of certain aspects that should be improved  regarding certain aspects of the Kenyan economy.

According to his results, fiscal policy is conducted in a more a...

September 18, 2013
News /
Posted by NCID

Rabah Arezki a Nonresident Fellow at the Navarra Center of International Development and a Senior Economist at the IMF Research Department published an article about how natural-resource-rich countries risk capital flight as multinational corporations seek to avoid taxes. Rabah Arezki wrote this piece aong with  Gregoire Rota-Graziosi, a Senior Economist in the IMF’s Fiscal Affairs Department, and Lemma W. Senbet, the Executive Director of the African Economic Research Consortium.


The Democratic Republic of the Congo, widely considered among the ...

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