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.

2021/295: Using the Google Places API and Google Trends Data to Develop High Frequency Indicators of Economic Activity

Paul Austin, Marco Marini, Alberto Sanchez, Chima Simpson-Bell and James Tebrake

2021/294: The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

Mercedes Garcia-Escribano, Tewodaj Mogues, Marian Moszoro and Mauricio Soto

2021/293: Another Piece of the Puzzle: Adding Swift Data on Documentary Collections to the Short-Term Forecast of World Trade

Narek Ghazaryan, Alexei Goumilevski, Joannes Mongardini and Aneta Radzikowski

2021/292: A Quantitative Microfounded Model for the Integrated Policy Framework

Tobias Adrian, Christopher Erceg, Marcin Kolasa, Jesper Lindé and Pawel Zabczyk

2021/291: Measuring U.S. Core Inflation: The Stress Test of COVID-19

Laurence Ball, Daniel Leigh, Prachi Mishra and Antonio Spilimbergo

2021/290: Modeling the U.S. Climate Agenda: Macro-Climate Trade-offs and Considerations

Philip Barrett, Katharina Bergant, Jean Chateau and Rui Mano

2021/289: Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market

Francesco Grigoli, Emiliano Luttini and Damiano Sandri

2021/288: Operational Resilience in Digital Payments: Experiences and Issues

Tanai Khiaonarong, Harry Leinonen and Ryan Rizaldy

2021/287: The State and Your Hard-Earned Money: A Survey on Moral Perspectives in Public Finance

Paolo Mauro

2021/286: Successful Transitions from Public to Private-Sector Led Growth: Lessons for Benin

Aissatou Diallo

2021/285: When Does Capacity Development Achieve Good Outcomes? Evidence from the IMF Results-Based Management Data

Antonio Bassanetti

2021/284: Creative Destruction During Crises - An Opportunity for a Cleaner Energy Mix

Pragyan Deb, Davide Furceri, Jonathan Ostry and Nour Tawk

2021/283: Financing for the Post-pandemic Recovery: Developing Domestic Sovereign Debt Markets in Central America

Jean François Clevy, Guilherme Pedras and Esther Perez Ruiz

2021/282: The Premia on State-Contingent Sovereign Debt Instruments

Deniz Igan, Taehoon Kim and Antoine Levy

2021/281: COVID-19 Vaccines: A Shot in Arm for the Economy

Niels-Jakob Hansen and Rui Mano

2021/280: Global Climate Change Mitigation, Fossil-Fuel Driven Development, and the Role of Financial and Technology Transfers: A Simple Framework

Johannes Wiegand

2021/279: State-Level Health and Economic Impact of COVID-19 in India

Pragyan Deb and TengTeng Xu

2021/278: Corporate Sector Resilience in India in the Wake of the COVID-19 Shock

Lucyna Gornicka, Sumiko Ogawa and TengTeng Xu

2021/277: The Heavy Economic Toll of Gender-based Violence: Evidence from Sub-Saharan Africa

Rasmané Ouedraogo and David Stenzel

2021/276: Assessing Banking and Currency Crisis Risk in Small States: An application to the Eastern Caribbean Currency Union

Carlo Pizzinelli, Kotaro Ishi and Tariq Khan

2021/275: Macrofinancial Causes of Optimism in Growth Forecasts

Yan Carrière-Swallow and José Marzluf

2021/274: Monetary Policy and COVID-19

Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski

2021/273: Tracing Productivity Growth Channels in the UK

Daniel Garcia-Macia and Julia Korosteleva

2021/272: Uncertainty and Public Investment Multipliers: The Role of Economic Confidence

William Gbohoui

2021/271: The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Kangni Kpodar and Boya Liu

2021/270: Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups

Zidong An, John Bluedorn and Gabriele Ciminelli

2021/269: Gender Budgeting in G20 Countries

Virginia Alonso-Albarran, Teresa Curristine, Gemma Preston, Alberto Soler, Nino Tchelishvili and Sureni Weerathunga

2021/268: Establishing a Foreign Exchange Futures Market in China

Zhongxia Jin, Yue Zhao and Haobin Wang

2021/267: How Does the Repo Market Behave Under Stress? Evidence From the COVID-19 Crisis

Anne-Caroline Hüser, Caterina Lepore and Luitgard Veraart

2021/266: Epidemics, Gender, and Human Capital in Developing Countries

Stefania Fabrizio, Diego Gomes, Carine Meyimdjui and Marina Tavares

2021/265: The COVID-19 Impact on Corporate Leverage and Financial Fragility

Sharjil Haque and Richard Varghese

2021/264: Commercial Real Estate and Macrofinancial Stability During COVID-19

Andrea Deghi, Junghwan Mok and Tomohiro Tsuruga

2021/263: Forecasting Social Unrest: A Machine Learning Approach

Chris Redl and Sandile Hlatshwayo

2021/262: The Effects of Fiscal Measures During COVID-19

Pragyan Deb, Davide Furceri, Jonathan Ostry, Nour Tawk and Naihan Yang

2021/261: Climate-Related Stress Testing: Transition Risk in Colombia

Can Sever and Manuel Perez-Archila

2021/260: Barriers to Trade in Financial and Insurance Services: Evidence from the United Kingdom

Jiri Podpiera

2021/259: Monitoring the Climate Impact of Fiscal Policy - Lessons from Tracking the COVID-19 Response

Khaled Eltokhy, Katja Funke, Guohua Huang, Yujin Kim and Genet Zinabou

2021/258: Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia

Jyrki Ali-Yrkkö, Reda Cherif, Fuad Hasanov, Natalia Kuosmanen and Mika Pajarinen

2021/257: Household Deleveraging and Saving Rates: A Cross-Country Analysis

Romain Bouis

2021/256: An Extended Quarterly Projection Model: Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines

Philippe Karam, Mikhail Pranovich and Jan Vlcek

2021/255: A Balance-Sheet Analysis of the Dutch Economy

Ruo Chen

2021/254: Safe Asset Demand, Global Capital Flows and Wealth Concentration

Taehoon Kim

2021/253: Analyzing Capital Flow Drivers Using the ‘At-Risk’ Framework: South Africa’s Case

Rohit Goel and Ken Miyajima

2021/252: Measuring the Redistributive Capacity of Tax Policies

Charles Vellutini and Juan Carlos Benitez

2021/251: Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics

Seungho Jung, Jongmin Lee and Seohyun Lee

2021/250: Pareto-Improving Minimum Corporate Taxation

Shafik Hebous and Michael Keen

2021/249: Morocco’s Monetary Policy Transmission in the Wake of the COVID-19 Pandemic

Maximilien Queyranne, Daniel Baksa, Vassili Bazinas and Azhin Abdulkarim

2021/248: The Effects of COVID-19 Vaccines on Economic Activity

Pragyan Deb, Davide Furceri, Daniel Jiménez, Siddharth Kothari, Jonathan Ostry and Nour Tawk

2021/247: Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes

Pragyan Deb, Davide Furceri, Daniel Jiménez, Siddharth Kothari, Jonathan Ostry and Nour Tawk

2021/246: A Comprehensive Climate Mitigation Strategy for Mexico

Simon Black, Koralai Kirabaeva, Ian Parry, Mehdi Raissi and Karlygash Zhunussova

2021/245: Natural Resource Taxation in Mexico: Some Considerations

Alpa Shah

2021/244: Social Spending in Mexico: Needs, Priorities and Reforms

Swarnali Hannan, Juan Pablo Cuesta Aguirre and David Bartolini

2021/243: Energy Transition Metals

Lukas Boer, Andrea Pescatori and Martin Stuermer

2021/242: The Effectiveness of Job-Retention Schemes: COVID-19 Evidence From the German States

Shekhar Aiyar and Mai Dao

2021/241: Scaling up Climate Mitigation Policy in Germany

Simon Black, Ruo Chen, Aiko Mineshima, Victor Mylonas, Ian Parry and Dinar Prihardini

2021/240: Brazil: Tax Expenditure Rationalization Within Broader Tax Reform

Maria Coelho

2021/239: Border Carbon Adjustments: Rationale, Design and Impact

Michael Keen, Ian Parry and James Roaf

2021/238: Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security?

Christian Bogmans, Andrea Pescatori and Ervin Prifti

2021/237: Opening Up: Capital Flows and Financial Sector Dynamics in Low-Income Developing Countries

Sebastian Horn and Futoshi Narita

2021/236: Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies

Ian Parry, Simon Black and Nate Vernon-Lin

2021/235: COVID-19 and the Informality-driven Recovery: The Case of Colombia's Labor Market

Jorge Alvarez and Carlo Pizzinelli

2021/234: Growth at Risk from Natural Disasters

Tamim Bayoumi, Saad Quayyum and Sibabrata Das

2021/233: On the Benefits of Repaying

Francesca Caselli, Matilde Faralli, Paolo Manasse and Ugo Panizza

2021/232: Assessing Chile's Pension System: Challenges and Reform Options

Samuel Pienknagura and Christopher Evans

2021/231: Enhancing Tax Compliance in the Dominican Republic Through Risk-based VAT Invoice Management

Cristian Alonso, Ledys Feliz, Patricia Gil and Miguel Pecho

2021/230: Optimal State Contingent Sovereign Debt Instruments

Alejandro Guerson

2021/229: Debt Dynamics in Emerging and Developing Economies: Is R-G a Red Herring?

Marialuz Moreno Badia, Juliana Gamboa-Arbelaez and Yuan Xiang

2021/228: Do Banks Price Environmental Transition Risks? Evidence from a Quasi-Natural Experiment in a Chinese Province

Bihong Huang, Maria Teresa Punzi and Yu Wu

2021/227: When Do Politicians Appeal Broadly? The Economic Consequences of Electoral Rules in Brazil

Moya Chin

2021/226: A Pandemic Forecasting Framework: An Application of Risk Analysis

Allan Dizioli, Daniel Greenwood and Aneta Radzikowski

2021/225: Tracking Trade from Space: An Application to Pacific Island Countries

Serkan Arslanalp, Robin Koepke and Jasper Verschuur

2021/224: Diversion of Tourism Flows in the Asia & Pacific Region: Lessons for COVID-19 Recovery

Vybhavi Balasundharam and Robin Koepke

2021/223: A Comprehensive Greenhouse Gas Mitigation Strategy for The Netherlands

Nicoletta Batini, Simon Black, Oana Luca and Ian Parry

2021/222: Loose Financial Conditions, Rising Leverage, and Risks to Macro-Financial Stability

Adolfo Barajas, Woon Gyu Choi, Ken Gan, Pierre Guérin, Samuel Mann, Manchun Wang and Yizhi Xu

2021/221: Fintech and Financial Inclusion in Latin America and the Caribbean

Dmitry Gershenson, Frederic Lambert, Luis Herrera, Grey Ramos, Marina Rousset and José Torres

2021/220: The Agricultural Exodus in the Philippines: Are Wage Differentials Driving the Process?

Eugenio Cerutti and Yiliang Li

2021/219: Stock Returns and Inflation Redux: An Explanation from Monetary Policy in Advanced and Emerging Markets

Zhongxia Zhang

2021/218: Estimating the Impact of External Shocks on the ECCU: Application to the COVID Shock

Vivian Parlak, Gonzalo Salinas and Jose P Mauricio Vargas

2021/217: Climate Change in South Asia: Further Need for Mitigation and Adaptation

Ruchir Agarwal, Vybhavi Balasundharam, Patrick Blagrave, Eugenio Cerutti, Ragnar Gudmundsson and Racha Mousa

2021/216: An Evaluation of World Economic Outlook Growth Forecasts, 2004–17

Oya Celasun, Jungjin Lee, Mico Mrkaic and Allan Timmermann

2021/215: Intergenerational Social Mobility in Africa Since 1920

Rasmané Ouedraogo and Nicolas Syrichas

2021/214: Does IT Help? Information Technology in Banking and Entrepreneurship

Toni Ahnert, Sebastian Doerr, Nicola Pierri and Yannick Timmer

2021/213: The Impact of Environmental Policy on Innovation in Clean Technologies

Johannes Eugster

2021/212: Global Corporate Stress Tests—Impact of the COVID-19 Pandemic and Policy Responses

Thierry Tressel and Xiaodan Ding

2021/211: Resolving Bank Failures and Institutions: Is there a Link? Some Empirical Evidence

Marlon Rawlins and Luisa Zanforlin

2021/210: Evolution of Bilateral Swap Lines

Michael Perks, Yudong Rao, Jongsoon Shin and Kiichi Tokuoka

2021/209: Unintended Consequences of U. S. Monetary Policy Shocks: Dutch Disease and Capital Flow Measures in Emerging Markets and Developing Economies

Juan Yepez

2021/208: Endogenous Growth, Downward Wage Rigidities and Optimal Inflation

Mirko Abbritti, Agostino Consolo and Sebastian Weber

2021/207: Revisiting Carbon Leakage

Florian Misch and Philippe Wingender

2021/206: Real Estate in the Netherlands: A Taxonomy of Risks and Policy Challenges

André Geis and Oana Luca

2021/205: Mask Mandates Save Lives

Niels-Jakob Hansen and Rui Mano

2021/204: Sectoral Shocks and Spillovers: An Application to COVID-19

Sonali Das, Giacomo Magistretti, Evgenia Pugacheva and Philippe Wingender

2021/203: After-Effects of the COVID-19 Pandemic: Prospects for Medium-Term Economic Damage

Philip Barrett, Sonali Das, Giacomo Magistretti, Evgenia Pugacheva and Philippe Wingender

2021/202: A Diversification Strategy for South Asia

Weicheng Lian, Fei Liu, Katsiaryna Svirydzenka and Biying Zhu

2021/201: Distributional Effects of Monetary Policy

Valentina Bonifacio, Luis Brandão-Marques, Balazs Csonto, Chiara Fratto, Philipp Engler, Davide Furceri, Deniz Igan, Rui Mano, Machiko Narita, Murad Omoev, Gurnain Pasricha and Hélène Poirson

2021/200: What Can We Learn from Financial Stability Reports?

Fabio Comelli and Sumiko Ogawa

2021/199: No Easy Solution: A Smorgasbord of Factors Drive Remittance Costs

Tito Nícias da Silva Filho

2021/198: What Shapes Current Account Adjustment During Recessions?

Christina Kolerus

2021/197: Can Financial Soundness Indicators Help Predict Financial Sector Distress?

Marcin Pietrzak

2021/196: Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads

Juan Carlos Hatchondo, Leonardo Martinez and Francisco Roch