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Staff Discussion Notes

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues.

May 31, 2016
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2016

Corruption: Costs and Mitigating Strategies; IMF Staff Discussion Note No. 16/05, May 11, 2016

Date: May 11, 2016

Benefits and Costs of Bank Capital; IMF Staff Discussion Note No. 16/04, March 2016

Date: March 03, 2016
Note: More information on this title

The Refugee Surge in Europe: Economic Challenges; by Shekhar Aiyar, Bergljot Barkbu, Nicoletta Batini, Helge Berger, Enrica Detragiache, Allan Dizioli, Christian Ebeke, Huidan Lin, Linda Kaltani, Sebastian Sosa, Antonio Spilimbergo, and Petia Topalova; IMF Staff Discussion Notes No. 16/02, January 20, 2016

Date: January 20, 2016
Note: More information on this title

Virtual Currencies and Beyond: Initial Considerations; by Dong He, Karl Habermeier, Ross Leckow, Vikram Haksar, Yasmin Almeida, Mikari Kashima, Nadim Kyriakos-Saad, Hiroko Oura, Tahsin Saadi Sedik, Natalia Stetsenko, and Concepcion Verdugo-Yepes; IMF Staff Discussion Note 16/03; January 20, 2016

Date: January 20, 2016

After Paris: Fiscal, Macroeconomic, and Financial Implications of Climate Change; by Mai Farid, Michael Keen, Michael Papaioannou, Ian Parry, Catherine Pattillo, Anna Ter-Martirosyan, and other IMF Staff; IMF Staff Discussion Notes No. 16/01, January 7, 2016

Date: January 11, 2016
Note: More information on this title



2015

Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area; by Jörg Decressin, Raphael Espinoza, Ioannis Halikias, Daniel Leigh, Prakash Loungani, Paulo Medas, Susanna Mursula, Martin Schindler, Antonio Spilimbergo, and TengTeng Xu; IMF Staff Discussion Notes No. 15/22; November 2015

Date: November 17, 2015
Note: More information on this title

The Fiscal Consequences of Shrinking Populations: by Benedict Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta, and Mauricio Soto ; IMF Staff Discussion Notes No. 15/21; October 2015

Date: October 26, 2015
Note: More information on this title

Infographic: Gender and Income Inequality; SDN/15/20 Catalyst for Change: Empowering Women and Tackling Income Inequality; October 22, 2015

Date: October 22, 2015

Catalyst for Change: Empowering Women and Tackling Income Inequality; by Christian Gonzales, Sonali Jain-Chandra, Kalpana Kochhar, Monique Newiak, and Tlek Zeinullayev; IMF Staff Discussion Notes No. 15/20; October 22, 2015

Date: October 20, 2015
Note: More information on this title

A Strategy for Resolving Europe's Problem Loans - Euro Area; by Shekhar Aiyar, Wolfgang Bergthaler, Jose M. Garrido, Anna Ilyina, Andreas (Andy) Jobst, Kenneth Kang, Dmitriy Kovtun, Yan Liu, Dermot Monaghan, and Marina Moretti; IMF Staff Discussion Notes No. 15/19; September 24, 2015

Date: September 24, 2015
Note: More information on this title

A Strategy for Resolving Europe's Problem Loans: Technical Background Notes; September 2015

Date: September 23, 2015

Sustainable Development and the International Monetary Fund: Infographic, September 22, 2015

Date: September 22, 2015

From Ambition to Execution: Policies in Support of Sustainable Development Goals; by Stefania Fabrizio, Rodrigo Garcia-Verdu, Catherine Pattillo, Adrian Peralta-Alva, Andrea Presbitero, Baoping Shang, Geneviève Verdier, Marie-Therese Camilleri, Kazuaki Washimi, Lisa Kolovich, Monique Newiak, Martin Cihak, Inci Otker, Felipe Zanna, and Carol Baker; IMF Staff Discussion Notes 15/18; September 2015

Date: September 22, 2015
Note:

Financial Inclusion: Can It Meet Multiple Macroeconomic Goals?; by Ratna Sahay, Martin Cihák, Papa N'Diaye, Adolfo Barajas, Srobona Mitra, Annette Kyobe, Yen Nian Mooi,

Date: September 15, 2015
Note: More information on this title

Fair Taxation in the Middle East and North Africa; by Andrew Jewell, Mario Mansour, Pritha Mitra, and Carlo Sdralevich; SDN/15/16; September 2015

Date: September 08, 2015
Note: More information on this title

Inequality and Labor Market Institutions; by Florence Jaumotte and Carolina Osorio Buitron; IMF Staff Discussion Note, SDN/15/14; July 2015

Date: July 17, 2015
Note: More information on this title

Global Implications of Lower Oil Prices; by Aasim M. Husain, Rabah Arezki, Peter Breuer, Vikram Haksar, Thomas Helbling, Paulo Medas, Martin Sommer, and an IMF Staff Team; SDN/15/15; July 2015

Date: July 14, 2015
Note: More information on this title

Causes and Consequences of Income Inequality: A Global Perspective; by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, Evridiki Tsounta; SDN/15/13; June 2015

Date: June 15, 2015
Note: More information on this title

Is the Glass Half Empty or Half Full? Issues in Managing Water Challenges and Policy Instruments; by Kalpana Kochhar, Catherine Pattillo, Yan Sun, Nujin Suphaphiphat, Andrew Swiston, Robert Tchaidze, Benedict Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer, Harald Finger, and an IMF Staff team; June 2015; SDN/15/11

Date: June 08, 2015
Note: See Also:

Housing Finance and Real-Estate Booms: A Cross-Country Perspective; by Eugenio Cerutti, Jihad Dagher, and Giovanni Dell'Ariccia; June 2015; SDN/15/12

Date: June 03, 2015
Note: More information on this title

When Should Public Debt Be Reduced? by Jonathan D. Ostry, Atish R. Ghosh, and Raphael Espinoza; Staff Discussion Note SDN 15/10; June 2, 2015

Date: June 02, 2015
Note: More information on this title

Reforming Fiscal Governance in the European Union - Euro Area; by Michal Andrle, John Bluedorn, Luc Eyraud, Tidiane Kinda, Petya Koeva Brooks, Gerd Schwartz, and Anke Weber; IMF Staff Discussion Paper SDN 15/09; May 29, 2015

Date: May 21, 2015
Note: More information on this title

Proposed Attributes of High-Quality Securitization in Europe; Annex II of “Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe; May 7, 2015

Date: May 07, 2015

Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe - Euro Area; by Shekhar Aiyar, Ali Al-Eyd, Bergljot Barkbu, and Andreas A. Jobst, IMF Staff Discussion Notes No. 15/07, May 7, 2015

Date: May 07, 2015
Note: More information on this title

Rethinking Financial Deepening: Stability and Growth

Date: May 04, 2015
Note: More information on this title

Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis; by Oya Celasun, Francesco Grigoli, Keiko Honjo, Javier Kapsoli, Alexander Klemm, Bogdan Lissovolik, Jan Luksic, Marialuz Moreno-Badia, Joana Pereira, Marcos Poplawski-Ribeiro, Baoping Shang, and Yulia Ustyugova; IMF Staff Discussion Notes No. SDN/15/06; April 28, 2015

Date: April 29, 2015
Note:

Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis Technical Appendix, April 28, 2015

Date: April 28, 2015

Islamic Finance: Opportunities, Challenges, and Policy Options; by Alfred Kammer, Mohamed Norat, Marco Piñón, Ananthakrishnan Prasad, Christopher Towe, Zeine Zeidane, and an IMF Staff Team; IMF Staff Discussion Notes No. SDN/15/05; April 6, 2015.

Date: April 06, 2015
Note: IMF and Islamic Finance

Tackling Small and Medium Sized Enterprise Problem Loans in Europe; by Wolfgang Bergthaler, Kenneth Kang, Yan Liu, and Dermot Monaghan; IMF Staff Discussion Notes SDN/15/04; March, 2015

Date: March 31, 2015
Note: More information on this title

The New Normal: A Sector-Level Perspective on Productivity Trends in Advanced Economies—Technical Appendix; March 2015

Date: March 30, 2015
Note: Staff Discussion Notes No. 15/03

The New Normal: A Sector-Level Perspective on Productivity Trends in Advanced Economies; by Era Dabla-Norris, Si Guo, Vikram Haksar, Minsuk Kim, Kalpana Kochhar, Kevin Wiseman, and Aleksandra Zdzienicka; IMF Staff Discussion Notes SDN/15/03; February, 2015

Date: March 30, 2015
Note:

Fair Play: More Equal Laws Boost Female Labor Force Participation; Prepared by Christian Gonzales, Sonali Jain-Chandra, Kalpana Kochhar, and Monique Newiak; IMF Staff Discussion Note 15/02; February 23, 2015

Date: February 23, 2015
Note: Check out more information on this Discussion Note

Securitization: The Road Ahead; by Miguel Segoviano, Bradley Jones, Peter Lindner, and Johannes Blankenheim; IMF Staff Discussion Note SDN/15/01; January 29, 2015

Date: January 29, 2015
Note: More information on this title



2014

Economic Diversification in the GCC: Past, Present, and Future; by Tim Callen, Reda Cherif, Fuad Hasanov, Amgad Hegazy, and Padamja Khandelwal; IMF Staff Discussion Note SDN/14/12; December 23, 2014

Date: December 23, 2014
Note: More information on this title

Youth Unemployment in Advanced Economies in Europe: Searching for Solutions - Euro Area; byAngana Banerji, Sergejs Saksonovs, Huidan Lin, and Rodolphe Blavy; IMF Staff Discussion Note 14/11; December 2014

Date: December 05, 2014
Note: More information on this title

Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries; IMF Discussion Notes SDN/14/10; November 13, 2014

Date: November 12, 2014
Note:

Emerging Market Volatility: Lessons from The Taper Tantrum ; by Ratna Sahay, Vivek Arora, Thanos Arvanitis, Hamid Faruqee, Papa N'Diaye, Tommaso Mancini-Griffoli, and an IMF Team; Staff Discussion Note SDN/14/09 - October 3, 2014

Date: October 02, 2014
Note: More information on this title

Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies; by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks; IMF Staff Discussion Note SDN/14/07; July 22, 2014

Date: July 22, 2014
Note: More information on this title

Emerging Markets in Transition: Growth Prospects and Challenges; by Luis Cubeddu, Alex Culiuc, Ghada Fayad, Yuan Gao, Kalpana Kochhar, Annette Kyobe, Ceyda Oner, Roberto Perrelli, Sarah Sanya, Evridiki Tsounta, and Zhongxia Zhang; IMF Staff Discussion Note SDN14/06; June 12, 2014

Date: June 12, 2014
Note: More information on this title

Direct Distribution of Resource Revenues: Worth Considering?; by Sanjeev Gupta, Alex Segura-ubiergo, and Enrique Flores; IMF Staff Discussion Note SDN14/05; June 14, 2014

Date: June 10, 2014
Note: More information on this title

Bank Size and Systemic Risk; by Luc Laeven, Lev Ratnovski, and Hui Tong; IMF Staff Discussion Note SDN14/04; May 14, 2014

Date: May 13, 2014
Note: More information on this title

Monetary Policy in the New Normal; by Tamim Bayoumi, Giovanni Dell'Ariccia, Karl Habermeier, Tommaso Mancini-Griffoli, Fabián Valencia, and an IMF Staff Team; IMF Staff Discussion Note 14/03; April 7, 2014

Date: April 07, 2014
Note: More information on this title

Macroprudential Policy in the GCC Countries; by Zsofia Arvai, Ananthakrishnan Prasad and Kentaro Katayama; IMF Staff Discussion Note SDN/14/01; March 19, 2014.

Date: March 19, 2014
Note: More information on this title

Redistribution, Inequality, and Growth; by Jonathan D. Ostry, Andrew Berg, and Charalambos G. Tsangarides; ; IMF Staff Discussion Note SDN/14/02; February 26, 2014

Date: February 17, 2014
Note: More information on this title



2013

Obstacles to International Policy Coordination, and How to Overcome Them; by Jonathan D. Ostry and Atish R. Ghosh; IMF Staff Discussion Note SDN/13/11; December 15, 2013

Date: December 13, 2013
Note: More information on this title

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies; by Era Dabla-Norris, Giang Ho, Kalpana Kochhar, Annette Kyobe, and Robert Tchaidze; IMF Staff Discussion Note SDN 13/08; December 12, 2013.

Date: December 12, 2013
Note: Technical Note
More information on this title

Dealing with High Debt in an Era of Low Growth; by S. Ali Abbas, Bernardin Akitoby, Jochen Andritzky Helge Berger, Takuji Komatsuzaki, Justin Tyson; IMF Staff Discussion Note 13/02; September 2013

Date: September 24, 2013
Note: More information on this title

Women, Work, and the Economy: Macroeconomic Gains From Gender Equity; Katrin Elborgh-Woytek, Monique Newiak, Kalpana Kochhar et al.; IMF Staff Discussion Note SDN 13/10; September 23, 2013

Date: September 23, 2013
Note: Full text

Toward a Fiscal Union for the Euro Area; by Céline Allard, Petya Koeva Brooks, John C. Bluedorn et al.; IMF Staff Discussion Note SDN 13/09; September 25, 2013

Date: September 23, 2013
Note:

Macroprudential and Microprudential Policies: Toward Cohabitation; Jacek Osinski, Katharine Seal, and Lex Hoogduin; IMF Staff Discussion Note 13/05; June 1, 2013

Date: June 01, 2013

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