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World Economic Outlook, April 2017

Gaining Momentum?

The latest report shows that global economic activity is finally picking up, but structural impediments and a balance of risks tilted to the downside remain.

World Economic Outlook, April 2017

Gaining Momentum?

The latest report shows that global economic activity is finally picking up, but structural impediments and a balance of risks tilted to the downside remain.

Digital Revolutions in Public Finance

New
Digital Revolutions in Public Finance »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2017

DOI: http://dx.doi.org/10.5089/9781484315224.071

ISBN: 9781484315224

Keywords: Public finance, Information technology, digitization, digital age, public finance, tax administration, social programs

Digitization promises to reshape fiscal policy by transforming how governments collect, process, share, and act on information. More and higher-quality information can improve not only policy design for tax and spe...

France
			: Selected Issues

New
France : Selected Issues »

Volume/Issue: 2017/289

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2017

DOI: http://dx.doi.org/10.5089/9781484320334.002

ISBN: 9781484320334

France: Selected Issues...

France
			: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

New
France : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France »

Volume/Issue: 2017/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2017

DOI: http://dx.doi.org/10.5089/9781484320310.002

ISBN: 9781484320310

President Macron's electoral victory creates a unique window of opportunity to transform France's economy. Running on a pro-reform and pro-EU platform, Emmanuel Macron defeated his far-right challenger by a large m...

France: Selected Issues

New
France: Selected Issues »

Source: France : Selected Issues

Volume/Issue: 2017/289

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2017

ISBN: 9781484320334

France: Selected Issues...

France: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

New
France: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France »

Source: France : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

Volume/Issue: 2017/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 September 2017

ISBN: 9781484320310

President Macron's electoral victory creates a unique window of opportunity to transform France's economy. Running on a pro-reform and pro-EU platform, Emmanuel Macron defeated his far-right challenger by a large m...

Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?

New
Did the Exchange Rate Floor Prevent Deflation in the Czech Republic? »

Volume/Issue: 2017/206

Series: IMF Working Papers

Author(s): Francesca Caselli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2017

DOI: http://dx.doi.org/10.5089/9781484319291.001

ISBN: 9781484319291

Keywords: Foreign exchange intervention, exchange rate, synthetic control method

To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper in...

Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?

New
Did the Exchange Rate Floor Prevent Deflation in the Czech Republic? »

Source: Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?

Volume/Issue: 2017/206

Series: IMF Working Papers

Author(s): Francesca Caselli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2017

ISBN: 9781484319291

Keywords: Foreign exchange intervention, exchange rate, synthetic control method

To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper in...

Policy Mix and the US Trade Balance

New
Policy Mix and the US Trade Balance »

Source: Policy Mix and the US Trade Balance

Volume/Issue: 2017/204

Series: IMF Working Papers

Author(s): Gustavo Adler , and Carolina Osorio Buitron

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

ISBN: 9781484319314

Keywords: monetary policy, fiscal policy, trade balance, spillovers

The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other countries, with great focus on the monetary stimulus but little attention to fiscal policy, despi...

Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth

New
Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth »

Source: Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth

Volume/Issue: 2017/205

Series: IMF Working Papers

Author(s): Sakai Ando , and Koffie Ben Nassar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

ISBN: 9781484319277

Keywords: sectoral distortion, growth, index, productivity, structural change

This paper proposes a new index of sectoral labor distortion using employment and valueadded shares. We show that this index is highly correlated with growth both crosssectionally and over time. We also use it to c...

Policy Mix and the US Trade Balance

New
Policy Mix and the US Trade Balance »

Volume/Issue: 2017/204

Series: IMF Working Papers

Author(s): Gustavo Adler , and Carolina Osorio Buitron

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

DOI: http://dx.doi.org/10.5089/9781484319314.001

ISBN: 9781484319314

Keywords: monetary policy, fiscal policy, trade balance, spillovers

The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other countries, with great focus on the monetary stimulus but little attention to fiscal policy, despi...