Luc Everaert is Assistant Director in the Asia Pacific Department of the International Monetary Fund (IMF), in charge of the Japan team. Previously he worked in the Monetary and Capital Markets department on debt and capital market instruments after heading the Euro Area and EU Policies Division. He joined the IMF in 1992 and worked on European transition economies during the 1990s. Subsequently, he took on responsibilities for several advanced European economies and the euro area. Current research interests focus on monetary policy at the lower bound, implications of aging for fiscal and monetary policy, and the role of labor market rigidities.
Fluent In: Dutch, French.
1988 Postdoctoral Fellow at the University of Chicago (Department of Economics)
1987 Ph. D. in International Economics, University of Geneva, Graduate Insitute of International Studies (IUHEI), Switzerland.
1983 Licence in Economics, University of Ghent, Belgium.
1989-1992 Country Economist for Turkey, World Bank
1988-1989 Young Professional, World Bank
1986-1988 Lecturer for executive courses in "Interest Rate Economics and Forecasting" of the Center for Money and Banking Studies, Geneva, Switzerland
1987 Associate Professor of International Corporate Finance, Graduate School of Management, Geneva, Switzerland
1985-1987 Researcher for project on global business cycles funded by the Swiss National Science and Ford foundations at the Graduate Institute of International Studies, Geneva, Switzerland
IMF Books and Working Papers:
From Fragmentation to Financial Integration in Europe, December 11, 2013
Lifting Euro Area Growth: Priorities for Structural Reforms and Governance, Staff Position Note SPN10/9, November 22, 2010
Structural Reforms in the Euro Area: Economic Impact and Role of Synchronization Across Markets and Countries, Working Paper No. 06/137, June 01, 2006
Capital Operating Time and Total Factor Productivity Growth in France, Working Paper No. 03/128, June 01, 2003
Other Published Materials
"France needs to boost competition, tackle debt and labor issues" (with Werner Schule), IMF Survey, Volume 36, Number 3, February 12, 2007.
"French labor reform: partial versus comperehensive steps?" (with Jianping Zhou), IMF Survey, Volume 35, Number 14, July 24, 2006.
"External imbalances in the euro area are a cause for concern", IMF Survey Volume 35, Number 10, May 29, 2006
"Macroeconomic Impact of Labor and Product Market Reforms" (with Werner Schule), Chapter II in IMF Country Report 06/76, March 2006
"Explaining Differences in External Sector Performance among Large Euro Area Countries" (with Celine Allard, Mario Catalan and Silvia Sgherri), IMF Country Report 05/401, November 2005.
"Is Belgium's Economic Strategy up to the Challenge?" IMF Survey Volume 33, Number 5, March 15, 2004.
"Why it pays to sychronize structural reforms in the euro area across markets and countries" with Werner Schule, IMF Staff Papers (2008) 55, 356-66. doi:10.1057/imfsp.2008.6; published online 8 April 2008
"France, Germany, Italy, and Spain: Explaining Differences in External Sector Performance Among Large Euro Area Countries" with Celine Allard, Mario Catalan and Silvia Sgherri, in "Exchange Rate Analysis in Support of IMF Surveillance: A Collection of Empirical Studies" edited by Carlo Cottarelli, Atish R. Ghosh. Gian Maria Milesi-Feretti, and Charalambos Tsangarides, Washington, D.C., International Monetary Fund, 2008.
"Europe: Riding Out the Turbulence," IMF Survey Magazine Online, November 12, 2007
"France Must Eliminate Drag on Growth," with Werner Schule. IMF Survey Magazine Online, February 12, 2007
Other Published Materials
"Improving the Estimation of Total Factor Productivity Growth: Capital Operating Time in a Latent Variable Approach," (with Francisco Nadal De Simone), Empirical Economics, Online First, 2006.
"Inflation Stabilization in Turkey: an application of the RMSM-X model," World Bank Working Papers 845, January 1992.
"A RMSM-X Model for Turkey," (with F. Garcia-Pinto and J. Ventura) World Bank Working Papers 486, August 1990.
"International Aspects of Business Cycles: Some Evidence and a Consistent Theoretical Framework," Discussion Papers in International Economics, Graduate Institute of International Studies, University of Geneva, November 1988.
"International Macroeconomic Interdependence," (with Svein Andresen) Annales d'Economie et de Statistique, No 6-7, 1987.
"Statistical Properties of Macroeconomic Time Series," (with Svein Andresen) Working Papers Graduate Institute of International Studies, University of Geneva, 1985.
"Is Belgium Prepared for the cost of Aging?: March 27, 2008, Itinera Institute Nota
"How to Breathe New Life into the Eurozone" Europe's World, Spring 2011, with Celine Allard
"Time to Put the Pension System on ABS" MAy 10, 2010, Itinera Institute Analysis