IMF Staff Discussion Notes

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2017/001: Macro-Structural Policies and Income Inequality in Low-Income Developing Countries

Stefania Fabrizio, Davide Furceri, Rodrigo Garcia-Verdu, Grace Li, Sandra Lizarazo, Marina Tavares, Futoshi Narita and Adrian Peralta

2016/009: Macroeconomic Management When Policy Space is Constrained: A Comprehensive, Consistent and Coordinated Approach to Economic Policy

Vitor Gaspar, Maurice Obstfeld, Ratna Sahay, Douglas Laxton, Dennis Botman, Kevin Clinton, Romain Duval, Kotaro Ishi, Zoltán Jakab, Laura Jaramillo, Constant Lonkeng Ngouana, Tommaso Mancini-Griffoli, Joannes Mongardini, Susanna Mursula, Erlend Nier, Yulia Ustyugova, Hou Wang and Oliver Wuensch

2016/008: The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

Bjoern Rother, Gaelle Pierre, Davide Lombardo, Risto Herrala, C. Priscilla Toffano, Erik Roos, Allan Auclair and Karina Manasseh

2016/007: Emigration and Its Economic Impact on Eastern Europe

Ruben Atoyan, Lone Engbo Christiansen, Allan Dizioli, Christian Hubert Ebeke, Nadeem Ilahi, Anna Ilyina, Gil Mehrez, Haonan Qu, Faezeh Raei, Alaina Rhee and Daria Zakharova

2016/006: The Withdrawal of Correspondent Banking Relationships: A Case for Policy Action

Michaela Erbenova, Yan Liu, Nadim Kyriakos-Saad, Aledjandro Lopez Mejia, Jose Gasha, Emmanuel Mathias, Mohamed Norat, Francisca Fernando and Yasmin Almeida

2016/005: Corruption: Costs and Mitigating Strategies

International Monetary Fund

2016/004: Benefits and Costs of Bank Capital

Jihad Dagher, Giovanni Dell'ariccia, Luc Laeven, Lev Ratnovski and Hui Tong

2016/003: Virtual Currencies and Beyond: Initial Considerations

Dong He, Karl Habermeier, Ross Leckow, V. Haksar, Yasmin Almeida, Mikari Kashima, Nadim Kyriakos-Saad, Hiroko Oura, Tahsin Saadi Sedik, Natalia Stetsenko and Concha Verdugo Yepes

2016/002: The Refugee Surge in Europe: Economic Challenges

Shekhar Aiyar, Bergljot Barkbu, Nicoletta Batini, Helge Berger, Enrica Detragiache, Allan Dizioli, Christian Hubert Ebeke, Huidan Lin, Linda Kaltani, Sebastian Sosa, Antonio Spilimbergo and Petia Topalova

2016/001: After Paris: Fiscal, Macroeconomic and Financial Implications of Global Climate Change

Mai Farid, Michael Keen, Michael Papaioannou, Ian Parry, Catherine Pattillo and Anna Ter-Martirosyan

2015/022: Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area

Jörg Decressin, Raphael Espinoza, Ioannis Halikias, Michael Kumhof, Daniel Leigh, Prakash Loungani, Paulo Medas, Susanna Mursula, Antonio Spilimbergo and TengTeng Xu

2015/021: The Fiscal Consequences of Shrinking Populations

Benedict Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta and Mauricio Soto

2015/020: Catalyst for Change: Empowering Women and Tackling Income Inequality

Christian Gonzales, Sonali Jain-Chandra, Kalpana Kochhar, Monique Newiak and Tlek Zeinullayev

2015/019: A Strategy for Resolving Europe's Problem Loans

Shekhar Aiyar, Wolfgang Bergthaler, Jose Garrido, Anna Ilyina, Andreas Jobst, Kenneth Kang, Dmitriy Kovtun, Yan Liu, Dermot Monaghan and Marina Moretti

2015/018: From Ambition to Execution: Policies in Support of Sustainable Development Goals

Stefania Fabrizio, Rodrigo Garcia-Verdu, Catherine Pattillo, Adrian Peralta, Andrea Presbitero, Baoping Shang, Genevieve Verdier, Marie Dal Corso, Kazuaki Washimi, Lisa Kolovich, Monique Newiak, Martin Cihak, Inci Ötker-Robe, Luis-Felipe Zanna and Carol Baker

2015/017: Financial Inclusion: Can it Meet Multiple Macroeconomic Goals?

Ratna Sahay, Martin Cihak, Papa N'Diaye, Adolfo Barajas, Srobona Mitra, Annette Kyobe, Yen Mooi and Seyed Reza Yousefi

2015/016: Fair Taxation in the Middle East and North Africa

Mario Mansour, Pritha Mitra, Carlo Sdralevich and Andrew Jewell

2015/015: Global Implications of Lower Oil Prices

Aasim Husain, Rabah Arezki, Peter Breuer, V. Haksar, Thomas Helbling, Paulo Medas and Martin Sommer

2015/014: Inequality and Labor Market Institutions

Florence Jaumotte and Carolina Osorio-Buitron

2015/013: Causes and Consequences of Income Inequality: A Global Perspective

Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Franto Ricka and Evridiki Tsounta

2015/012: Housing Finance and Real-Estate Booms: A Cross-Country Perspective

Eugenio Cerutti, Jihad Dagher and Giovanni Dell'ariccia

2015/011: Is the Glass Half Empty Or Half Full?: Issues in Managing Water Challenges and Policy Instruments

Kalpana Kochhar, Catherine Pattillo, Yan Sun, Nujin Suphaphiphat, Andrew Swiston, Robert Tchaidze, Benedict Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer and Harald Finger

2015/010: When Should Public Debt Be Reduced?

Jonathan Ostry, Atish Ghosh and Raphael Espinoza

2015/009: Reforming Fiscal Governance in the European Union

Michal Andrle, John Bluedorn, Luc Eyraud, Tidiane Kinda, Petya Brooks, Gerd Schwartz and Anke Weber

2015/008: Rethinking Financial Deepening: Stability and Growth in Emerging Markets

Ratna Sahay, Martin Cihak, Papa N'Diaye, Adolfo Barajas, Diana Ayala Pena, Ran Bi, Yuan Gao, Annette Kyobe, Lam Nguyen, Christian Saborowski, Katsiaryna Svirydzenka and Seyed Reza Yousefi

2015/007: Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe

Shekhar Aiyar, Ali Al-Eyd, Bergljot Barkbu and Andreas Jobst

2015/006: Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis

Oya Celasun, Francesco Grigoli, Keiko Honjo, Javier Kapsoli, Alexander Klemm, Bogdan Lissovolik, Jan Luksic, Marialuz Moreno Badia, Joana Pereira, Marcos Poplawski Ribeiro, Baoping Shang and Yulia Ustyugova

2015/005: Islamic Finance: Opportunities, Challenges, and Policy Options

Alfred Kammer, Mohamed Norat, Marco Piñón-Farah, Ananthakrishnan Prasad, Christopher Towe and Zeine Zeidane

2015/004: Tackling Small and Medium Enterprise Problem Loans in Europe

Wolfgang Bergthaler, Kenneth Kang, Yan Liu and Dermot Monaghan

2015/003: The New Normal: A Sector-level Perspective on Productivity Trends in Advanced Economies

Era Dabla-Norris, Si Guo, V. Haksar, Minsuk Kim, Kalpana Kochhar, Kevin Wiseman and Aleksandra Zdzienicka

2015/002: Fair Play: More Equal Laws Boost Female Labor Force Participation

Christian Gonzales, Sonali Jain-Chandra, Kalpana Kochhar and Monique Newiak

2015/001: Securitization: The Road Ahead

Miguel Segoviano, Bradley Jones, Peter Lindner and Johannes Blankenheim

2014/012: Economic Diversification in the GCC: Past, Present, and Future

Tim Callen, Reda Cherif, Fuad Hasanov, Amgad Hegazy and Padamja Khandelwal

2014/011: Youth Unemployment in Advanced Economies in Europe: Searching for Solutions

Angana Banerji, Sergejs Saksonovs, Huidan Lin and Rodolphe Blavy

2014/010: Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries

Maria Albino, Svetlana Cerovic, Francesco Grigoli, Juan Flores, Javier Kapsoli, Haonan Qu, Yahia Said, Bahrom Shukurov, Martin Sommer and SeokHyun Yoon

2014/009: Emerging Market Volatility: Lessons from The Taper Tantrum

Ratna Sahay, Vivek Arora, Athanasios Arvanitis, Hamid Faruqee, Papa N'Diaye and Tommaso Mancini-Griffoli

2014/007: Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies

Thierry Tressel, Shengzu Wang, Joong Kang, Jay Shambaugh, Jörg Decressin and Petya Brooks

2014/006: Emerging Markets in Transition: Growth Prospects and Challenges

Luis Cubeddu, Alexander Culiuc, Ghada Fayad, Yuan Gao, Kalpana Kochhar, Annette Kyobe, Ceyda Oner, Roberto Perrelli, Sarah Sanya, Evridiki Tsounta and Zhongxia Zhang

2014/005: Direct Distribution of Resource Revenues: Worth Considering?

Sanjeev Gupta, Alex Segura-Ubiergo and Enrique Flores

2014/004: Bank Size and Systemic Risk

Luc Laeven, Lev Ratnovski and Hui Tong

2014/003: Monetary Policy in the New Normal

Tamim Bayoumi, Giovanni Dell'ariccia, Karl Habermeier, Tommaso Mancini-Griffoli and Fabian Valencia

2014/002: Redistribution, Inequality, and Growth

Jonathan Ostry, Andrew Berg and Charalambos Tsangarides

2014/001: Macroprudential Policy in the GCC Countries

Zsofia Arvai, Ananthakrishnan Prasad and Kentaro Katayama

2013/011: Obstacles to International Policy Coordination, and How to Overcome Them

Jonathan Ostry and Atish Ghosh

2013/010: Women, Work, and the Economy: Macroeconomic Gains from Gender Equity

Katrin Elborgh-Woytek, Monique Newiak, Kalpana Kochhar, Stefania Fabrizio, Kangni Kpodar, Philippe Wingender, Benedict Clements and Gerd Schwartz

2013/009: Toward A Fiscal Union for the Euro Area

Céline Allard, Petya Brooks, John Bluedorn, Fabian Bornhorst, Franziska Ohnsorge and Katharine Christopherson Puh

2013/008: Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Era Dabla-Norris, Giang Ho, Kalpana Kochhar, Annette Kyobe and Robert Tchaidze

2013/007: Dealing with High Debt in an Era of Low Growth

S. M. Ali Abbas, Bernardin Akitoby, Jochen Andritzky, Helge Berger, Takuji Komatsuzaki and Justin Tyson

2013/005: Macroprudential and Microprudential Policies: Toward Cohabitation

Jacek Osinski, Katharine Seal and Lex Hoogduin

2013/004: Creating a Safer Financial System: Will the Volcker, Vickers, and Liikanen Structural Measures Help?

José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Erbenova and Julian Chow