The December 2015 IMF Research Bulletin features a sampling of key research from the IMF. The Research Summaries in this issue look at 'The Impact of Deflation and Lowflation on Fiscal Aggregates (Nicolas End, Sampawende J.-A. Tapsoba, Gilbert Terrier, and Renaud Duplay); and 'Oil Exporters at the Crossroads: It Is High Time to Diversify' (Reda Cherif and Fuad Hasanov). Mahvash Saeed Qureshi provides an overview of the fifth Lindau Meeting in Economics in 'Meeting the Nobel Giants.' In the Q&A column on 'Seven Questions on Financial Frictions and the Sources of the Business Cycle, Marzie Taheri Sanjani looks at the driving forces of the business cycle and macroeconomic models. The top-viewed articles in 2014 from the IMF Economic Review are highlighted, along with recent IMF Working Papers, Staff Discussion Notes, and IMF publications.

Abstract

The December 2015 IMF Research Bulletin features a sampling of key research from the IMF. The Research Summaries in this issue look at 'The Impact of Deflation and Lowflation on Fiscal Aggregates (Nicolas End, Sampawende J.-A. Tapsoba, Gilbert Terrier, and Renaud Duplay); and 'Oil Exporters at the Crossroads: It Is High Time to Diversify' (Reda Cherif and Fuad Hasanov). Mahvash Saeed Qureshi provides an overview of the fifth Lindau Meeting in Economics in 'Meeting the Nobel Giants.' In the Q&A column on 'Seven Questions on Financial Frictions and the Sources of the Business Cycle, Marzie Taheri Sanjani looks at the driving forces of the business cycle and macroeconomic models. The top-viewed articles in 2014 from the IMF Economic Review are highlighted, along with recent IMF Working Papers, Staff Discussion Notes, and IMF publications.

Top-Viewed Articles in 2014

Three of the most popular articles published this year in IMF Economic Review are now available free-to-view until January 15, 2015.

Start reading at: http://bit.ly/IMF-Econ-Rev

  • Exchange Rate Pass-Through in the Global Economy: The Role of Emerging Market Economies, by Matthieu Bussière, Simona Delle Chiaie and Tuomas A. Peltonen

  • Learning about Fiscal Multipliers from Growth Forecast Errors, by Olivier J. Blanchard and Daniel Leigh

  • Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies, by Eswar S. Prasad

IMF Economic Review emphasizes rigorous analysis with an empirical orientation of interest to a broad audience, including academics and policymakers.

To keep abreast of new articles as they publish, sign up to receive free table-of-contents alerts at: http://bit.ly/IMFER-alert

Learn more about submitting your research for publication at: http://bit.ly/IMFER-authors

IMF Research Bulletin

Rabah Arezki Editor

Prakash Loungani Co-Editor

Patricia Loo Assistant Editor

Tracey Lookadoo Editorial Assistant

Multimedia Services Composition

The IMF Research Bulletin (ISSN: 1020-8313) is a quarterly publication in English and is available free of charge. The views expressed in the Bulletin are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Material from the Bulletin may be reprinted with proper attribution. Editorial correspondence may be addressed to The Editor, IMF Research Bulletin, IMF, Room HQ1-9-612, Washington, DC 20431 USA; or e-mailed to resbulletin@imf.org.

For Electronic Notification

Sign up at www.imf.org/external/cntpst to receive notification of new issues of the IMF Research Bulletin and a variety of other IMF publications. Individual issues of the Bulletin are available at www.imf.org/researchbulletin.