Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2018
DOI: http://dx.doi.org/10.5089/9781484375402.086
ISBN: 9781484375402
Economic activity continued to expand
in the first half of 2018, albeit at a slower-than-expected pace, mainly in
advanced Europe. Domestic demand, supported by stronger employment and wages,
remains the main engin...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
May
2018
DOI: http://dx.doi.org/10.5089/9781484339909.086
ISBN: 9781484339909
Europe continues to enjoy a strong growth spurt. Growth has firmed up in many European economies and the forecast is for more of the same. Real GDP increased by 2.8 percent in 2017, up from 1.8 percent in 2016. The...
Volume/Issue: 2018/3
Series: Departmental Papers / Policy Papers
Author(s):
Helge Berger
,
Giovanni Dell'Ariccia
, and
Maurice Obstfeld
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
February
2018
DOI: http://dx.doi.org/10.5089/9781484340424.087
ISBN: 9781484340424
The paper makes an analytical contribution to the revived discussion about the euro area's institutional setup. After significant progress during the euro crisis, the drive to complete Europe's Economic and Monetar...
Series: Occasional Papers
Author(s):
Benedict Clements
,
David Coady
,
Frank Eich
,
Sanjeev Gupta
,
Alvar Kangur
,
Baoping Shang
, and
Mauricio Soto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
January
2016
Language: Chinese
DOI: http://dx.doi.org/10.5089/9787504979971.084
ISBN: 9787504979971
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population...
Volume/Issue: 2015/22
Series: Staff Discussion Notes
Author(s):
Jörg Decressin
,
Raphael Espinoza
,
Ioannis Halikias
,
Michael Kumhof
,
Daniel Leigh
,
Prakash Loungani
,
Paulo Medas
,
Susanna Mursula
,
Antonio Spilimbergo
, and
TengTeng Xu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
November
2015
DOI: http://dx.doi.org/10.5089/9781513537009.006
ISBN: 9781513537009
The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy...
Volume/Issue: 2014/170
Series: IMF Working Papers
Author(s):
Ellen Gaston
, and
In Song
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
November
2015
Language: Chinese
DOI: http://dx.doi.org/10.5089/9781513590479.001
ISBN: 9781513590479
Countries implementing International Financial Reporting Standards (IFRS) for loan loss provisioning by banks have been guided by two different approaches: International Accounting Standards (IAS) 39 and Basel stan...
Volume/Issue: 2015/214
Series: IMF Working Papers
Author(s):
Dora Benedek
,
Ruud A. Mooij
, and
Philippe Wingender
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
September
2015
DOI: http://dx.doi.org/10.5089/9781513586359.001
ISBN: 9781513586359
This paper estimates the pass through of VAT changes to consumer prices, using a unique
dataset providing disaggregated, monthly data on prices and VAT rates for 17 Eurozone
countries over 1999-2013. Pass through i...
Volume/Issue: 2015/112
Series: IMF Working Papers
Author(s):
Laura Jaramillo
, and
Alexandre Chailloux
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
May
2015
DOI: http://dx.doi.org/10.5089/9781513584744.001
ISBN: 9781513584744
We attempt to disentangle income and wealth effects on consumption by disaggregating both the different types of income and wealth. We estimate a consumption function for a panel of quarterly data for 14 advanced e...
Volume/Issue: 2015/44
Series: IMF Working Papers
Author(s):
Tamon Asonuma
,
Said Bakhache
, and
Heiko Hesse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
February
2015
DOI: http://dx.doi.org/10.5089/9781498323505.001
ISBN: 9781498323505
Motivated by the recent increase in domestic banks' holdings of domestic sovereign debt (i.e., home bias) in the European periphery, this paper analyzes implications of banks' home bias for the sovereign's debt sus...
Volume/Issue: 2015/32
Series: IMF Working Papers
Author(s):
Bergljot Barkbu
,
Pelin Berkmen
,
Pavel Lukyantsau
,
Sergejs Saksonovs
, and
Hanni Schoelermann
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
February
2015
DOI: http://dx.doi.org/10.5089/9781498364805.001
ISBN: 9781498364805
Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most previous recessions and financial crises. This paper shows that a part of this weakness can be explai...