IMF Working Papers

From International Monetary Fund
International Monetary Fund, Washington, DC USA.
Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

2014/153: Unemployment and Structural Unemployment in the Baltics

Christian Ebeke and Greetje Everaert

2014/152: The Effects of Unconventional Monetary Policies on Bank Soundness

Frederic Lambert and Kenichi Ueda

2014/151: Global Imbalances and External Adjustment after the Crisis

Philip Lane and Gian Maria Milesi-Ferretti

2014/150: How Solid Is Economic Growth in the East African Community?

Nikoloz Gigineishvili, Paolo Mauro and Ke Wang

2014/149: Islamic Finance in Sub-Saharan Africa: Status and Prospects

Enrique Gelbard, Mumtaz Hussain, Rodolfo Maino, Yibin Mu and Etienne Yehoue

2014/148: Public Investment as an Engine of Growth

Andrew Warner

2014/147: Do the Type of Sukuk and Choice of Shari'a Scholar Matter?

Christophe Godlewski, Rima Turk Ariss and Laurent Weill

2014/146: Friedman Redux: External Adjustment and Exchange Rate Flexibility

Atish Ghosh, Mahvash Qureshi and Charalambos Tsangarides

2014/145: Capital Flow Deflection

Paolo Giordani, Michele Ruta, Hans Weisfeld and Ling Zhu

2014/144: Credit Quality in Developing Economies: Remittances to the Rescue?

Christian Ebeke, Boileau Loko and Arina Viseth

2014/143: Africa Rising: Harnessing the Demographic Dividend

Paulo Drummond, Vimal Thakoor and Shu Yu

2014/142: Health Spending in Japan: Macro-Fiscal Implications and Reform Options

Masahiro Nozaki, Kenichiro Kashiwase and Ikuo Saito

2014/141: Balance Sheet Repair and Corporate Investment in Japan

Joong Kang

2014/140: Unstash the Cash! Corporate Governance Reform in Japan

Chie Aoyagi and Giovanni Ganelli

2014/139: Is Japan’s Population Aging Deflationary?

Derek Anderson, Dennis Botman and Benjamin Hunt

2014/138: Japan’s Corporate Income Tax: Facts, Issues and Reform Options

Ruud de Mooij and Ikuo Saito

2014/137: Strategies for Reforming Korea’s Labor Market to Foster Growth

Mai Dao, Davide Furceri, Tae-Jeong Kim, Meeyeon Kim and Jisoo Hwang

2014/136: Real and Financial Vulnerabilities from Crossborder Banking Linkages

Kyunghun Kim and Srobona Mitra

2014/135: Middle East Transitions: A Long, Hard Road

Shahid Yusuf

2014/134: Mauritius The Drivers of Growth—Can the Past be Extended?

Katsiaryna Svirydzenka and Martin Petri

2014/133: Macroprudential Solvency Stress Testing of the Insurance Sector

Andreas Jobst, Nobuyasu Sugimoto and Timo Broszeit

2014/132: Sovereign Debt Restructurings in Belize: Achievements and Challenges Ahead

Tamon Asonuma, Gerardo Peraza, Kristine Vitola and Takahiro Tsuda

2014/131: Progress Towards External Adjustment in the Euro Area Periphery and the Baltics

Joong Kang and Jay Shambaugh

2014/130: Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments

Thierry Tressel and Shengzu Wang

2014/129: Liquidity Trap and Excessive Leverage

Anton Korinek and Alp Simsek

2014/128: Output Gap in Presence of Financial Frictions and Monetary Policy Trade-offs

Francesco Furlanetto, Paolo Gelain and Marzie Taheri Sanjani

2014/127: First-Time International Bond Issuance—New Opportunities and Emerging Risks

Anastasia Guscina, Guilherme Pedras and Gabriel Presciuttini

2014/126: Future of Asia’s Finance: How Can it Meet Challenges of Demographic Change and Infrastructure Needs?

Ding Ding, Waikei Lam and Shanaka Peiris

2014/125: Debt, Growth and Natural Disasters A Caribbean Trilogy

Sebastian Acevedo

2014/124: What is Behind Latin America’s Declining Income Inequality?

Evridiki Tsounta and Anayochukwu Osueke

2014/123: Oversight Issues in Mobile Payments

Tanai Khiaonarong

2014/122: Fiscal Rules and the Procyclicality of Fiscal Policy in the Developing World

Elva Bova, Nathalie Carcenac and Martine Guerguil

2014/121: Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries: The Case of Suriname

Daniel Kanda and Mario Mansilla

2014/120: Banks, Government Bonds, and Default: What do the Data Say?

Nicola Gennaioli, Alberto Martin and Stefano Rossi

2014/119: Why Complementarity Matters for Stability—Hong Kong SAR and Singapore as Asian Financial Centers

Vanessa Le Lesle, Franziska Ohnsorge, Minsuk Kim and Srikant Seshadri

2014/118: Deposit Insurance Database

Asli Demirguc-Kunt, Edward Kane and Luc Laeven

2014/117: Growth: Now and Forever?

Giang Ho and Paolo Mauro

2014/116: Bank Risk Within and Across Equilibria

Itai Agur

2014/115: Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth

Magda Kandil, Genevieve Lindow, Mario Mansilla, Joel Chiedu Okwuokei, Jochen M. Schmittmann, Qiaoe Chen, Xin Li, Marika Santoro and Solomon Stavis

2014/114: Labor Tax Cuts and Employment: A General Equilibrium Approach for France

Raphael Espinoza and Esther Perez Ruiz

2014/113: The EU Services Directive: Gains from Further Liberalization

Emilio Fernández Corugedo and Esther Perez Ruiz

2014/112: On the use of Monetary and Macroprudential Policies for Small Open Economies

Gulcin Ozkan and Filiz Unsal

2014/111: Financial Plumbing and Monetary Policy

Manmohan Singh

2014/110: Tax Buoyancy in OECD Countries

Vincent Belinga, Dora Benedek, Ruud de Mooij and John Norregaard

2014/109: Impact of Fed Tapering Announcements on Emerging Markets

Prachi Mishra, Kenji Moriyama, Papa N'Diaye and Lam Nguyen

2014/108: Monetary Policy in Hybrid Regimes: The Case of Kazakhstan

Natan Epstein and Rafael Portillo

2014/107: Structural Balance Targeting and Output Gap Uncertainty

Eugen Tereanu, Anita Tuladhar and Alejandro Simone

2014/106: The Net Stable Funding Ratio: Impact and Issues for Consideration

Jeanne Gobat, Mamoru Yanase and Joseph Maloney

2014/105: Determinants of Interest Rate Spreads in Solomon Islands

Nooman Rebei

2014/104: The Tax-adjusted Q Model with Intangible Assets: Theory and Evidence from Temporary Investment Tax Incentives

Sophia Chen and Estelle Dauchy

2014/103: How to Capture Macro-Financial Spillover Effects in Stress Tests?

Heiko Hesse, Ferhan Salman and Christian Schmieder

2014/102: An Application of the "Fan-Chart Approach" to Debt Sustainability in Post-HIPC Low-Income Countries

Maximilien Kaffo Melou, Mariusz Sumlinski and Chris Geiregat

2014/101: National Income and Its Distribution

Markus Brückner, Era Dabla-Norris and Mark Gradstein

2014/100: Economic Impact of Selected Conflicts in the Middle East: What Can We Learn from the Past?

Randa Sab

2014/099: Ms. Muffet, the Spider(gram) and the Web of Macro-Financial Linkages

Ricardo Cervantes, Phakawa Jeasakul, Joseph Maloney and Li Ong

2014/098: Small and Medium Size Enterprises, Credit Supply Shocks, and Economic Recovery in Europe

Nir Klein

2014/097: After the Fall: Lessons for Policy Cooperation from the Global Crisis

Tamim Bayoumi

2014/096: Inflation and Public Debt Reversals in the G7 Countries

Bernardin Akitoby, Takuji Komatsuzaki and Ariel Binder

2014/095: Managing Credit Bubbles

Alberto Martin and Jaume Ventura

2014/094: Does Openness Matter for Financial Development in Africa?

Antonio David, Montfort Mlachila and Ashwin Moheeput

2014/093: A Simple Method to Compute Fiscal Multipliers

Nicoletta Batini, Luc Eyraud and Anke Weber

2014/092: The Case for a Long-Run Inflation Target of Four Percent

Laurence Ball

2014/091: Inflation Reports and Models: How Well Do Central Banks Really Write?

Ales Bulir, Jaromír Hurník and Katerina Smidkova

2014/090: Optimal Prudential Regulation of Banks and the Political Economy of Supervision

Thierry Tressel and Thierry Verdier

2014/089: Inflation Targeting and Fiscal Rules: Do Interactions and Sequencing Matter?

Jean-Louis Combes, Xavier Debrun, Alexandru Minea and René Tapsoba

2014/088: Financial Constraints, Intangible Assets, and Firm Dynamics: Theory and Evidence

Sophia Chen

2014/087: Central Bank Financial Strength in Central America and the Dominican Republic

Andrew Swiston, Florencia Frantischek, Przemek Gajdeczka and Alexander Herman

2014/086: Are Banks Really Lazy? Evidence from Middle East and North Africa

Simon Gray, Philippe Karam and Rima Turk Ariss

2014/085: Fiscal Adjustment and Income Inequality: Sub-national Evidence from Brazil

João Pedro Azevedo, Antonio David, Fabiano Rodrigues Bastos and Emilio Pineda

2014/084: Time-Varying Neutral Interest Rate—The Case of Brazil

Roberto Perrelli and Shaun Roache

2014/083: With Great Power Comes Great Responsibility: Macroprudential Tools at Work in Canada

Ivo Krznar and James Morsink

2014/082: Determinants of International Tourism

Alexander Culiuc

2014/081: Safe Havens, Feedback Loops, and Shock Propagation in Global Asset Prices

Franziska Ohnsorge, Marcin Wolski and Yuanyan Zhang

2014/080: Export Spillovers from Global Shocks for the Middle East and Central Asia

Alberto Behar and Jaime Espinosa-Bowen

2014/079: European Productivity, Innovation and Competitiveness: The Case of Italy

Andrew Tiffin

2014/078: SMEs’ Access to Finance in the Euro Area: What Helps or Hampers?

Bahar Öztürk and Mico Mrkaic

2014/077: Hysteresis in Unemployment and Jobless Recoveries

Dmitry Plotnikov

2014/076: Transmission of Financial Stress in Europe: The Pivotal Role of Italy and Spain, but not Greece

Brenda Gonzalez-Hermosillo and Christian Johnson

2014/075: China’s Monetary Policy and Interest Rate Liberalization: Lessons from International Experiences

Wei Liao and Sampawende Tapsoba

2014/074: The Role of Country Concentration in the International Portfolio Investment Positions for the European Union Members

Iuliia Brushko and Yuko Hashimoto

2014/073: Public Investment, Public Finance, and Growth: The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability

Christopher Adam and David Bevan

2014/072: Commercial Property Price Indexes: Problems of Sparse Data, Spatial Spillovers, and Weighting

Mick Silver and Brian Graf

2014/071: Bank Funding Costs for International Banks

Rita Babihuga and Marco Spaltro

2014/070: Monetary Policy Coordination and the Role of Central Banks

Rakesh Mohan and Muneesh Kapur

2014/069: Global Liquidity and Drivers of Cross-Border Bank Flows

Eugenio Cerutti, Stijn Claessens and Lev Ratnovski

2014/068: India’s Recent Macroeconomic Performance: An Assessment and Way Forward

Muneesh Kapur and Rakesh Mohan

2014/067: Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean

Magda Kandil

2014/066: Official Demand for U.S. Debt: Implications for U.S. Real Interest Rates

Iryna Kaminska and Gabriele Zinna

2014/065: Comparing the Performance of Logit and Probit Early Warning Systems for Currency Crises in Emerging Market Economies

Fabio Comelli

2014/064: Income Inequality, Fiscal Decentralization and Transfer Dependency

Caroline-Antonia Goerl and Mike Seiferling

2014/063: India: Defining and Explaining Inclusive Growth and Poverty Reduction

Rahul Anand, Volodymyr Tulin and Naresh Kumar

2014/062: Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand

Ding Ding, Werner Schule and Yan Sun

2014/061: Exchange Rate Flexibility and Credit during Capital Inflow Reversals: Purgatory…not Paradise

Nicolas Magud and Esteban Vesperoni

2014/060: Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role?

Gustavo Adler, Marie-Louise Djigbenou and Sebastian Sosa

2014/059: Fiscal Policy in Latin America over the Cycle

Alexander Klemm

2014/058: Strengthening Post-Crisis Fiscal Credibility: Fiscal Councils on the Rise — A New Dataset

Xavier Debrun and Tidiane Kinda

2014/057: Financial Crises in DSGE Models: A Prototype Model

Jaromir Benes, Michael Kumhof and Douglas Laxton

2014/056: Financial Crises in DSGE Models: Selected Applications of MAPMOD

Jaromir Benes, Michael Kumhof and Douglas Laxton

2014/055: Inflation Persistence in Brazil - A Cross Country Comparison

Shaun Roache

2014/054: How can Korea Boost Potential Output to Ensure Continued Income Convergence?

Sonali Jain-Chandra and Longmei Zhang