## Fiscal Policy and Employment in Advanced and Emerging Economies

_Policy Papers, June 15, 2012_

## Source details

**Canonical URL:** [Fiscal Policy and Employment in Advanced and Emerging Economies](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/fiscal-policy-and-employment-in-advanced-and-emerging-economies-pp4668)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/fiscal-policy-and-employment-in-advanced-and-emerging-economies-pp4668/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/fiscal-policy-and-employment-in-advanced-and-emerging-economies-pp4668/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/fiscal-policy-and-employment-in-advanced-and-emerging-economies-pp4668/bundle-manifest.json)

## Bibliographic details
- Published: June 15, 2012
- Series: Policy Papers

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### Scope and methodology
- Uses data for 58 advanced and emerging economies to provide a unified assessment of tax and expenditure measures.
- Focuses on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment through aggregate demand effects.
- Discusses policies to improve the matching of labor supply and demand.
- Provides a comprehensive set of tables on fiscal policies and labor market outturns for advanced and emerging economies to permit cross-country comparisons and facilitate the design of reform strategies.
- Publication date: June 15, 2012.

### Key findings
- Tax and expenditure policy reforms can be designed to raise employment by targeting incentives affecting labor demand and labor supply.
- A unified assessment of tax and expenditure measures reveals complementarities and trade-offs that are often missed when these measures are considered separately.
- Improving the matching of labor supply and demand is an important channel through which fiscal policy can boost employment.

### Policy recommendations and principles for reform design
- Design country-specific fiscal reforms guided by principles that align tax and expenditure measures with incentives to increase labor demand and supply.
- Use cross-country comparisons, enabled by the paper’s comprehensive tables, to inform reform strategies tailored to country circumstances.

### Additional information
- Subjects covered: Demand, Developed countries, Emerging markets, Employment, Fiscal policy, Government expenditures, Labor markets, Labor supply, Tax policy.

*Source: Fiscal Policy and Employment in Advanced and Emerging Economies, June 15, 2012, International Monetary Fund.*

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## Content in this bundle

- **Fiscal Policy and Employment in Advanced and Emerging Economies; IMF Policy Paper; June 15, 2012**
  - [Fiscal Policy and Employment in Advanced and Emerging Economies; IMF Policy Paper; June 15, 2012 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_061512.pdf.md){rel="alternate" type="text/markdown"}
  - [Fiscal Policy and Employment in Advanced and Emerging Economies; IMF Policy Paper; June 15, 2012 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_061512.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/fiscal-policy-and-employment-in-advanced-and-emerging-economies-pp4668_