WorldCat Identities

McKibbin, Warwick J. 1957-

Works: 248 works in 556 publications in 4 languages and 9,121 library holdings
Genres: Conference papers and proceedings  History 
Roles: Author, Editor, Other, Creator
Publication Timeline
Most widely held works about Warwick J McKibbin
Most widely held works by Warwick J McKibbin
Climate change policy after Kyoto : a blueprint for a realistic approach by Warwick J McKibbin( )

18 editions published in 2002 in English and held by 2,030 WorldCat member libraries worldwide

"In 1992 the United Nations Earth Summit in Rio de Janeiro produced a landmark treaty on climate change that proposed stabilizing greenhouse gas concentrations in the atmosphere. The agreement ratified by more than 186 countries, including the United States, prompted numerous subsequent rounds of climate negotiations aimed at reducing emissions from industrialized countries. Yet the treaty has had little measurable impact, and its implementing agreement, the 1997 Kyoto Protocol, has been rejected by the United States and spurned by developing countries." "According to Warwick J. McKibbin and Peter J. Wilcoxen, the international stalemate in climate negotiations stems from a fundamental flaw in the Kyoto Protocol; the treaty's lack of cost controls. Climate policy that lacks cost controls will never be ratified and implemented by the United States or many other developed countries."
Arms reduction : economic implications in the post-Cold War era by United Nations University( )

10 editions published in 1995 in English and held by 1,678 WorldCat member libraries worldwide

Sovereign wealth : the role of state capital in the new financial order by Renée Fry( )

14 editions published in 2011 in English and held by 1,579 WorldCat member libraries worldwide

As the first major collection of papers on sovereign wealth funds and state-owned enterprises, this book provides an essential guide to the geo-political impact of these pools of capital on global markets. The rise of sovereign wealth funds and state-owned enterprises represents a fundamental shift in market dynamics. The potential fusion of political and commercial imperatives raises unresolved geo-political questions that have been sharpened by the vaporization of credit markets as a consequence of the global financial crisis. State-controlled pools of capital have now eclipsed hedge funds and private equity in terms of funds under management, and the question of their regulation is therefore now of utmost importance. This book highlights the interplay between legal, corporate and policy imperatives associated with the regulation of state capital. Including contributions from leading practitioners, policymakers and academics, it provides an essential guide to professionals and academics in the fields of finance and business
Global linkages : macroeconomic interdependence and cooperation in the world economy by Warwick J McKibbin( Book )

12 editions published in 1991 in English and Undetermined and held by 735 WorldCat member libraries worldwide

The global impact of demographic change by Nicoletta Batini( )

9 editions published in 2006 in English and held by 414 WorldCat member libraries worldwide

The world is in the midst of a major demographic transition. This paper examines the implications of such transition over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world using a dynamic intertemporal general equilibrium four-country model containing demographics calibrated to the "medium variant" of the United Nations population projections. We find that population aging in industrial countries will reduce aggregate growth in these regions over time, but should boost growth in developing countries over the next 20-30 years, as the relative size of their workingage populations increases. Demographic change will also affect saving, investment, and capital flows, implying changes in global trade balances and asset prices. We also explore the sensitivity of the results to assumptions about future productivity growth and country external risk for the developing country region
Exchange-rate regimes for a small economy in a multi-country world by Victor E Argy( Book )

11 editions published between 1988 and 1989 in English and held by 407 WorldCat member libraries worldwide

Globalisation, regionalism and economic interdependence by Filippo Di Mauro( Book )

15 editions published between 2003 and 2010 in English and Italian and held by 366 WorldCat member libraries worldwide

"How has increasing economic integration at regional and global levels affected the functioning of the global economy? What are the consequences of globalisation and regionalism for world trade, production processes and domestic economies? What kind of economic adjustments do these phenomena imply in terms of factor mobility and relative costs?" "Globalisation, Regionalism and Economic Interdependence addresses these and other questions by exploring the relationship between globalisation and regionalism from both academic and policy-making perspectives. It assesses the extent to which increased global and regional integration has changed the functioning of the world economy and analyses the implications for global trade, the relocation of production, structural changes and the international transmission of shocks. With contributions from both academics and professionals, this book is an invaluable guide to the increasingly important effects of the interaction between globalisation and various different forms of regional integration."--Jacket
The east Asian crisis : investigating causes and policy responses by Warwick J McKibbin( Book )

14 editions published between 1998 and 1999 in English and held by 101 WorldCat member libraries worldwide

August 1999 The primary cause of the East Asian crisis was a fundamental reassessment of the profitability of investments in the region. As a policy response, temporary fiscal expansion generally appears preferable to monetary expansion or to permanent fiscal expansion. McKibbin and Martin identify as the primary cause of the East Asian crisis a fundamental reassessment of the profitability of investments in the region. They identify a number of secondary shocks as well, including interest risk premia, monetary expansion, and declines in output brought about by failures of the financial market. Unlike the Latin American crisis of the 1980s, the East Asian crisis did not reflect commodity price shocks, large changes in world interest rates, fiscal imbalances, or inflationary shocks. It involved large-scale borrowing abroad, but by the private sector rather than the government - and for the normally well-regarded purpose of funding capital investment. It seems unlikely that terms of trade shocks or changes in exchange rates due to pegging to the dollar could, alone, have caused an adjustment crisis of this magnitude - although they could have helped trigger the crisis. More important, expectations of future growth in returns to the corporate sector began to fall. Declines in asset valuations caused major shifts in investment portfolios, and the consequences of asset market shocks were compounded by secondary shocks associated with the abrupt shift to floating rates, concerns about the credibility of government policies, weaknesses in financial sectors, and inadequacies in the mechanisms for corporate restructuring and liquidation. McKibbin and Martin use a forward-looking modeling framework to capture some of the major interactions between asset markets, output, and trade in the countries worst hit by the crisis. They find that the model is able to capture the main features of the crisis. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the links between trade and growth. Will Martin may be contacted at
The McKibbin-Sachs global model : theory and specification by Warwick J McKibbin( )

7 editions published in 1989 in English and held by 64 WorldCat member libraries worldwide

Abstract: world is divided into the U.S., Japan, Germany, the rest of the EMS, and the
Global Fiscal Adjustment and Trade Rebalancing by Warwick J McKibbin( )

9 editions published between 2012 and 2014 in English and Undetermined and held by 62 WorldCat member libraries worldwide

The emergence of substantial fiscal deficits and a large build up of government debt in major advanced economies will inevitably lead to a period of fiscal consolidation in coming years. In an earlier paper, McKibbin and Stoeckel (2010) explored the effects of this fiscal adjustment in advanced economies on the global economic outlook. This paper focuses on the differences between the impacts of fiscal policy in advanced versus emerging economies. In particular, the need for more fiscal spending on infrastructure in emerging economies and the need for fiscal consolidation in advanced economies leads naturally to the question of what this asymmetric fiscal adjustment might do to global trade balances as well as global economic growth over the coming decades. The adjustment needed in both regions is substantial and the asymmetry of the adjustment implies important consequences for trade and capital flows between regions as well as asset price adjustments within and between regions
Policies and prospects in Japan and the implications for the Asia-Pacific region by Tim Callen( )

6 editions published in 2001 in English and held by 61 WorldCat member libraries worldwide

This paper uses the G-Cubed (Asia-Pacific) model-a macroeconomic model with rich cross-country links-to explore the implications for Japan and Asia of several shocks to the Japanese economy. The results suggest that, while fiscal consolidation in Japan would initially dampen domestic growth, over the medium term the impact on both the domestic and regional economies would be positive. Quantitative monetary easing in Japan would boost domestic activity in the short-run, while being basically neutral for the region. Finally, a loss of confidence in the yen would be negative for Japan, but positive for the region because of a reallocation of capital flows toward non-Japan Asia
Dynamic optimization in two-party models by Warwick J McKibbin( )

6 editions published in 1987 in English and held by 61 WorldCat member libraries worldwide

The goal of this paper is to study the problem of optimal dynamic policy formulation with competing political parties. We study a general class of problems, in which the two competing political parties have quadratic intertemporal objective functions, and in which the economy has a linear structure and a multidimensional state space. For the general linear quadratic problem we develop a numerical dynamic programming algorithm to solve for optimal policies of each party taking into account the party's objectives; the structure of the economy ; the probability of future election results; and the objectives of the other political party
German unification : what have we learned from multi-country models? by Joseph E Gagnon( Book )

15 editions published in 1996 in English and held by 59 WorldCat member libraries worldwide

Coordination of monetary and fiscal policies in the OECD by Warwick J McKibbin( )

8 editions published in 1986 in English and held by 58 WorldCat member libraries worldwide

Discontent with the functioning of the world monetary system has led to many proposals for international monetary reform. These proposals range from enhanced consultations under the current regime of floating exchange rates to a regime of fixed exchange rates, as proposed by Ronald McKinnon. In this paper we examine the implications of several alternative monetary arrangements for fiscal policy in the world economy. In particular we focus upon two issues. The first is the effects of alternative monetary arrangements on the international transmission of fiscal policy. The second is the implications of the alternative regimes for strategic aspects of fiscal policymaking. As is generally the case in the discussion of exchange regimes we find that the choice of the monetary system is crucially dependent upon the source and nature of the shocks hitting the world economy. In this paper we show that the monetary regime also has important implications for the transmission offiscal policy in the world economy and for the nature of the strategic games played by fiscal authorities. Rigid rules of the game, as under fixedexchange rates, do not necessarily eliminate the inefficient equilibriathat can occur when fiscal authorities behave non-cooperatively
Macroeconomic policies in the OECD and LDC external adjustment by Jeffrey Sachs( )

11 editions published in 1985 in English and held by 55 WorldCat member libraries worldwide

In this paper, the authors describe a simulation model for analyzing the effects of macroeconomic policies in the OECD on global macroeconomic equilibrium. Particular attention is paid to the effects on developing countries of alternative mixes of monetary and fiscal policies in the OECD. Though the model is quite small, it has several properties which make it attractive for policy analysis. First, the important stock-flow relationships and intertemporal budget constraints are carefully observed, so that the modelis useful for short-run and long-run analysis. Budget deficits, for example, cumulate into a stock of public debt which must be serviced, while current account deficits cumulate into a stock of foreign debt. Second, the asset markets are forward looking, so that the exchange rate is conditioned by the entire future path of policies rather than by a set of short-run expectations. Third, the model is amenable to policy optimization exercises, and in particular can be used to study the effects of policy coordination versus non-coordination in the OECD, on global macroeconomic equilibrium
Comparing the global performance of alternative exchange arrangements by Warwick J McKibbin( Book )

11 editions published in 1986 in English and held by 51 WorldCat member libraries worldwide

The MSG model of the Canadian economy by Warwick J McKibbin( Book )

6 editions published in 1992 in English and French and held by 45 WorldCat member libraries worldwide

"This paper presents the specification and simulation properties of the MSG model of the Canadian economy. The model is embedded into the MSG multicountry model, and a number of policy changes and shocks are considered. The paper considers the impact of changes in Canadian monetary and fiscal policies and draws a distinction between the short-run and long-run effects of these policies. A distinction is also made between temporary, permanent, anticipated, and unanticipated policy changes. In addition, the paper considers the impact on Canada of a fiscal expansion and a monetary expansion in the United States, as well as the effects on Canada of a permanent fall in the world supply of oil and a rise in productivity in Canada. The latter shock could be interpreted as one aspect of the free-trade agreement with the United States"--Abstract, p. ix
Uncertainty and climate change : the challenge for policy by John W Zillman( Book )

1 edition published in 2005 in English and held by 37 WorldCat member libraries worldwide

The Academy of the Social Sciences in Australia invited three scholars - Dr. John Zillman AO FTSE, former Director of the Australian Bureau of Meteorology, Professor Warwick McKibbin FASSA, ANU Economist and a Professorial Fellow at the Lowy Institute for International Policy and Political scientist Professor Aynsley Kellow - to present their view on the approach governments should take in developing policy when the consequences are uncertain, using climate change as an example. [from publisher's advertisement]
Macroeconomic interdependence of Japan and the United States : some simulation results by Naoko Ishii( )

5 editions published in 1985 in English and held by 36 WorldCat member libraries worldwide

In this paper we examine the macroeconomic interdependence of Japan and the U.S. using a medium-scale simulation model of the world economy. Our goal is to determine how shifts in macroeconomic policies in the U.S. or Japan affectthe other country as well as the rest of the world. In particular we examine the following three issues: (1) the likely macroeconomic ramifications for the U.S., Europe and Japan of significant budget cuts in the U.S.; (2) the macroeconomic implications of a protectionist tariff imposed by the U.S.; and (3) the scope for policy coordination among the U.S., Japan and Europe
The potential impact of the global financial crisis on world trade by Warwick J McKibbin( )

5 editions published in 2009 in English and Undetermined and held by 35 WorldCat member libraries worldwide

This paper models the global financial crisis as a combination of shocks to global housing markets and sharp increases in risk premia of firms, households and international investors in a global economic model. The model has six sectors of production and trade in 15 major economies and regions. The paper shows that the shocks observed in financial markets can be used to generate the severe economic contraction in global trade and production experienced in 2009. In particular the distinction between the production and trade of durable and non durable goods plays a key role in explaining the much larger contraction in trade than GDP experienced by most economies. The paper explores the implications of the large increase in fiscal deficits and the implications of a global trade war in response to the financial crisis
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Audience level: 0.21 (from 0.03 for Arms reduc ... to 1.00 for Makkibin s ...)

Climate change policy after Kyoto : a blueprint for a realistic approach
Arms reduction : economic implications in the post-Cold War eraSovereign wealth : the role of state capital in the new financial orderGlobal linkages : macroeconomic interdependence and cooperation in the world economyGlobalisation, regionalism and economic interdependence
Alternative Names
Mac Kibbin Warwick J.

Mackibbin Warwick J.

MacKibbin, Warwick J. 1957-

Mc Kibbin Warwick J.

Mc Kibbin, Warwick J. 1957-

McKibbin, W. J

McKibbin, W. J. 1957-

McKibbin Warwick

McKibbin, Warwick 1957-

McKibbin, Warwick J.

McKibbin, Warwick J. 1957-

McKibbin, Warwick James

McKibbin, Warwick James 1957-

Warwick McKibbin Australian economist

Warwick McKibbin economista australiano

Warwick McKibbin économiste australien

Warwick McKibbin econoom uit Australië

マッキビン, ウォービック・J