Estimating the Cost of Contributions to the IMF
Abstracthis issue brief looks at the likely costs to the U.S. Treasury from a $108 billion increase in the U.S. contribution to the International Monetary Fund (IMF). The White House's Office of Management and Budget originally proposed the $108 billion be scored at zero in the budget, and there are indications that it may be scored at as little as $5 billion. This analysis estimates the cost to the U.S. Treasury would be in the range of $16.6 to $26.3 billion, based on the difference between the U.S. Treasury's borrowing costs and interest received from the IMF. These estimates are conservative and understate the true cost.
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Bibliographic InfoPaper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2009-18.
Length: 3 pages
Date of creation: May 2009
Date of revision:
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Find related papers by JEL classification:
- F - International Economics
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
- O - Economic Development, Technological Change, and Growth
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-05-30 (All new papers)
- NEP-HEA-2009-05-30 (Health Economics)
- NEP-LAB-2009-05-30 (Labour Economics)
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- Skatun, John Douglas, 2003. "Take some days off, why don't you?: Endogenous sick leave and pay," Journal of Health Economics, Elsevier, vol. 22(3), pages 379-402, May.
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