The March 2017 issue of the IMF Research Bulletin covers key topics of interest at the IMF.


The March 2017 issue of the IMF Research Bulletin covers key topics of interest at the IMF.

Working Paper 16/237

The Impact of Demographics on Productivity and Inflation in Japan

Niklas J. Westelius, Yihan Liu

Working Paper 16/238

The Impact of Workforce Aging on European Productivity

Shekhar Aiyar, Christian H. Ebeke

Working Paper 16/239

A Tale of Transition: An Empirical Analysis of Economic Inequality in Urban China, 1986–2009

Haiyan Ding, Hui He

Working Paper 16/240

Monetary Policy Credibility and Exchange Rate Pass-Through

Yan Carriere-Swallow, Bertrand Gruss, Nicolas E. Magud, Fabian Valencia

Working Paper 16/241

Output and Inflation Co-Movement: An Update on Business-Cycle Stylized Facts

Michal Andrle, Jan Bruha, Serhat Solmaz

Working Paper 16/242

Automatic Adjustment Mechanisms in Asian Pension Systems?

Elif C. Arbatli, Csaba Feher, Jack J. Ree, Ikuo Saito, Mauricio Soto

Working Paper 16/243

Emerging Market Corporate Leverage and Global Financial Conditions

Adrian Alter, Selim Elekdag

Working Paper 16/244

Inequality and Growth: A Heterogeneous Approach

Francesco Grigoli, Evelio Paredes, Gabriel Di Bella

Working Paper 16/245

The Effects of Monetary Policy Shocks on Inequality

Davide Furceri, Prakash Loungani, Aleksandra Zdzienicka

Working Paper 16/246

Does Gross or Net Debt Matter More for Emerging Market Spreads?

Metodij Hadzi-Vaskov, Luca A. Ricci

Working Paper 16/247

Food Inflation in Sub-Saharan Africa: Causes and Policy Implications

Emre Alper, Niko A. Hobdari, Ali Uppal

Working Paper 16/248

Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus

Sophia Chen, Yinqiu Lu

Working Paper 16/249

China’s Rising IQ (Innovation Quotient) and Growth: Firm-Level Evidence

Hui He, Nan Li, Jing Fang

Working Paper 16/250

Potential Output Growth Estimates for Central America and the Dominican Republic

Roberto Garcia-Saltos, Fan Zhang, Iulia Ruxandra Teodoru

Working Paper 16/251

Financial Information and Macroeconomic Forecasts

Sophia Chen, Romain Ranciere

Working Paper 16/252

Capital Account Openness in Low-income Developing Countries: Evidence from a New Database

Sarwat Jahan, Daili Wang

Working Paper 16/253

Lost and Found: Market Access and Public Debt Dynamics

Carlo Cottarelli, Andrea Presbitero, Antonio Bassanetti

Working Paper 16/254

Dynamic Fuel Price Pass-Through: Evidence from a New Global Retail Fuel Price Database

Kangni R. Kpodar, Chadi Abdallah

Working Paper 16/255

Strategic Corporate Layoffs

Ruchir Agarwal, Julian Kolev

IMF Working Papers and other IMF publications can be downloaded in full-text format from the Research at the IMF website: