IMF Research Bulletin


This online quarterly bulletin selectively summarizes key components of research done at the IMF and provides a listing of research documents and other research-related activities, including IMF conferences and seminars. To sign up to receive a free e-mail notification when each issue of the Bulletin comes out, please follow the instructions in the Subscription Box on the left side of this page.

Last Updated: June 26, 2009

June 2009 (960 kb PDF file):  New Q&A feature in this issue focuses on "Seven Questions about Recessions" (by Marco Terrones); IMF research summaries on financial stress (by Selim Elekdag) and on the real effects of the 2007–08 financial crisis (by Hui Tong); listing of visiting scholars at the IMF during April–June 2009; listing of recent IMF Working Papers; listing of contents of Vol. 56 No. 2 of IMF Staff Papers; listing of recent external publications by IMF staff; and a feature on Staff Position Notes, the IMF’s new policy paper series, including a list of recent papers.

March 2009 (1691 kb PDF file):  IMF research summaries on measures of financial integration (by Martin Schindler) and on sovereign wealth funds and financial stability (by Tao Sun and Heiko Hesse); regional study on cross-border labor flows in new European Union member states (by Rudolfs Bems); listing of contents of Vol. 56 No. 1 of IMF Staff Papers, a special issue on frontiers of research on financial globalization; a listing of visiting scholars at the IMF during December 2008–March 2009; and a listing of recent IMF Working Papers.

December 2008 (770 kb PDF file):  IMF research summaries on global herding in financial markets (by Marco Cipriani) and on fiscal decentralization (by Lusine Lusinyan); article on the experiences of IMF staff at the Nobel Laureate Meetings in Lindau, Germany (by Chris Crowe); listing of visiting scholars at the IMF during August–December 2008; listing of contents of Vol. 55 No. 4 of IMF Staff Papers; listing of recent IMF Working Papers; listing of recent external publications by IMF staff; and a Call for Papers for an upcoming conference on structural reforms.

September 2008 (258 kb PDF file):  IMF research summaries on global population aging and pension reform (by Mario Catalán) and on questions about decoupling (by M. Ayhan Kose); country study on the United States (by Koshy Mathai); listing of visiting scholars at the IMF during June–August 2008; listing of contents of Vol. 55 No. 3 of IMF Staff Papers; listing of recent IMF Working Papers; and a listing of recent external publications by IMF staff.

June 2008 (264 kb PDF file):  IMF research summaries on Latin America’s external linkages (by Shaun Roache) and on reaping the benefits of structural reforms (by Stephen Tokarick); regional study on the Eastern Caribbean Currency Union (by Paul Cashin and Evridiki Tsounta); listing of visiting scholars at the IMF during March–April 2008; listing of contents of Vol. 55 No. 2 of IMF Staff Papers; listing of recent IMF Working Papers; listing of recent external publications by IMF staff; and a call for papers for the Jacques Polak Ninth Annual Research Conference.

March 2008 (223 kb PDF file):  IMF research summaries on foreign direct investment (by Yuko Kinoshita) and on trade linkages and business cycles (by Julian di Giovanni and Andrei Levchenko); country study on Mexico (by Roberto Garcia-Saltos); listing of visiting scholars at the IMF during February-June 2008; listing of contents of Vol. 55, Issue No. 1 of IMF Staff Papers; listing of recent IMF Working Papers; and a listing of recent external publications by IMF staff.

December 2007 (229 kb PDF file):  IMF research summaries on governance of banks (by Luc Laeven) and on whether there is a foreign aid paradox (by Thierry Tressel); country study on Mozambique (by Jean A.P. Clément and Shanaka J. Peiris); listing of visiting scholars at the IMF during July 2007-January 2008; listing of contents of Vol. 54, Issue No. 4 of IMF Staff Papers; listing of recent IMF Working Papers; listing of recent external publications by IMF staff; and a call for papers for the upcoming Conference on International Finance.

September 2007 (221 kb PDF file):  IMF research summary on how globalization affects developing countries (by Prachi Mishra and Petia Topalova); country study on Croatia (by Athanasios Vamvakidis); listing of visiting scholars at the IMF during June 2007-January 2008; listing of contents of Vol. 54, Issue No. 3 of IMF Staff Papers; listing of recent IMF Working Papers; and listing of recent external publications by IMF staff members.

June 2007 (236 kb PDF file):  IMF research summaries on (1) oil market developments and the global economy (by Selim Elekdag), and (2) credit booms (by Marco Terrones); country study on India (by Helene Poirson); call for papers for November 2007 Jacques Polak Eighth Annual Research Conference; listing of contents of Vol. 54, Issue No. 2 of IMF Staff Papers; listing of recent IMF Working Papers; and listing of visiting scholars at the IMF during April-June 2007.

March 2007 (236 kb PDF file):  Research summaries on (1) globalization and macroeconomic volatility (by M. Ayhan Kose), and (2) international financial integration and domestic financial systems (by Thierry Tressel); country study on Germany (by Stephan Danninger); book summary of China and India--Learning from Each Other; listing of contents of Vol. 54, Issue No. 1 of IMF Staff Papers; listing of recent external publications by IMF staff; listing of recent IMF Working Papers; and listing of visiting scholars at the IMF during September 2006-April 2007

December 2006 (319 kb PDF file):  Exit interview with Raghuram G. Rajan, Director of the IMF's Research Department; country study on Canada; summary of June 2006 Vienna conference on trade policy research (European Research Workshop on International Trade); call for papers for April 2007 conference on "New Perspectives on Financial Globalization"; listing of contents of Vol. 53, Issue No. 3 of IMF Staff Papers; listing of recent IMF Working Papers; and listing of visiting scholars at the IMF during September 2006-April 2007.

September 2006 (1586 kb PDF file):  Research summaries on (1) measuring inflation, and (2) strengthening Poverty Reduction and Growth Facility (PRGF) programs through poverty and social impact analysis (PSIA); country study on Spain; listing of contents of Vol. 53, Special Issue of IMF Staff Papers, summary of recently published IMF book entitled "IMF-Supported Programs: Recent Staff Research"; listings of recent external publications by IMF staff members, IMF Working Papers, and visiting scholars at the IMF during January-August 2006.

June 2006 (230 kb PDF file):  Research summaries on (1) public investment, and (2) bank transaction taxes; announcement of forthcoming (November 2006) Jacques Polak Seventh Annual Research Conference; country study on Italy; listing of contents of Vol. 53, No. 2 of IMF Staff Papers, summary of recently published book entitled "Divergent Paths in Post-Communist Transformation: Capitalism for All or Capitalism for the Few?"; summary of (January 2006) Warsaw Conference on European Union (EU) enlargement and related flows of labor and capital; listing of recent IMF Working Papers; and listing of visiting scholars at IMF, January-April 2006.

March 2006 (630 kb PDF file):  Research summaries on (1) macroeconomic impact of fiscal policy, and (2) pricing of sovereign risk in emerging markets; country study on United Kingdom; listing of recent IMF Policy Discussion Papers; summary of recently published book entitled Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today; listing of external publications by IMF staff in 2005 (continued) and 2006; listing of recent IMF Working Papers; and listing of visiting scholars at IMF, October 2005-February 2006.

December 2005 (261 kb PDF file):  Research summaries on Housing Prices and Macroeconomics and on Workers' Remittances; contents of recent IMF Staff Papers; visiting scholars at the IMF; country study on Turkey; summary of Jacques Polak Annual Research Conference; summary of IMF study on Central America: Global Integration and Regional Cooperation; and titles of recent IMF working papers.

September 2005 (1294 kb PDF file):  Research summaries on population aging and international capital flows, and on rent seeking, institutions, and policy effectiveness; country study on France; contents of recent IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; listing of external publications by IMF staff in 2005; summary of IMF Pre-Conference on Strategies for Changing Institutions.

June 2005 (160 kb PDF file):  Research summaries on interest rate rules for developing economies, and on labor market performance and policy effectiveness; summary of IMF study on adopting the euro in Central Europe; country study on Indonesia; visiting scholars at the IMF; contents of recent IMF Staff Paper; titles of recent IMF working papers; summary of recent book entitled Postconflict Economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the Congo; summary of the IMF Conference on Trade and Developing Countries.

March 2005 (262 kb PDF file):  Research summaries on inflation and disinflation, and on policy responses to volatile crude oil prices and fiscal dependency; area study on the West African Economic and Monetary Union countries; summary of IMF study on sovereign debt structure for crisis prevention; titles of recent IMF policy discussion papers; visiting scholars at the IMF; summary of recent book entitled The Macroeconomics of HIV/AIDS; titles of recent IMF working papers; call for papers for the Sixth Annual Jacques Polak Research Conference; summary of the Conference on Macroeconomic Policy Challenges in Low-Income Countries.

December 2004 (203 kb PDF file):  Research summaries on deflation and the liquidity trap and growth, policies, institutions, and poverty; area study: Central European Countries; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers; summary of IMF study on Chile; titles of recent IMF working papers; summaries of IMF Trade Research Conference and Fifth Jacques Polak Annual Research Conference.

September 2004 (469 kb PDF file):  Research summaries on fiscal rules and financial development in low-income countries: Old questions or new problems? country study: China; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers; titles of recent IMF policy discussion papers, working papers, and external publications by IMF staff; summary of IMF conference honoring Michael Mussa.

June 2004 (406 kb PDF file):  June 2004: Research summaries on ten years of NAFTA: Economic integration in North America and on international reserves; summary of new IMF study on China; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers; titles of recent IMF working papers; summary of workshop on dynamic stochastic general equilibrium (DSGE) modeling.

March 2004 (133 kb PDF file):  Research summaries on globalization and synchronization of business cycles and moral hazard versus real hazard; country study: Chile; summary of new study on Hong Kong SAR; visiting scholars at the IMF; summary of Fourth Annual IMF Research Conference and call for papers for Fifth Annual IMF Research Conference; contents of latest issue of IMF Staff Papers; titles of recent IMF working papers and policy discussion papers; list of external publications by IMF staff.

December 2003 (116 kb PDF file):  Research summaries on commodity prices and the terms of trade and on reducing structural unemployment in Western Europe; country study: Greece; summaries of new study on hawala and recent books: Who Will Pay? and Russia Rebounds; agenda of Fourth Annual IMF Research Conference; contents of latest issue of IMF Staff Papers; summary of Workshop on Macroeconomic Challenges in Low-Income Countries; visiting scholars at the IMF; titles of recent IMF working papers.

September 2003 (188 kb PDF file):  Research summaries on sovereign bonds and public debt management and on international trade; country study: Sweden; summaries of new study on deflation and recent book: Sweden's Welfare State; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; list of external publications by IMF staff.

June 2003 (174 kb PDF file):  Research summaries on early warning systems and assessing IMF program effectiveness; country study: Thailand; the global economy model; summary of financial globalization paper; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF policy discussion papers and working papers.

March 2003 (472 kb PDF file):  Research summaries on shocks to balance sheets and emerging market crises and on banking systems in a financially integrated world; country study: South Africa; call for papers for Fourth Annual IMF Research Conference; summaries of Third Annual IMF Research Conference and Global Linkages Conference; contents of special issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF policy discussion papers and working papers; list of external publications by IMF staff.

December 2002 (769 kb PDF file):  Research summaries on IMF conditionality and country ownership of reforms and on public policies and the Millennium Development Goals; country/area study: Hong Kong SAR; summaries of conferences on challenges to central banking from globalized financial systems and on globalization in historical perspective; agenda of Third Annual IMF Research Conference; summary of September 2002 World Economic Outlook; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers, other IMF research publications.

September 2002 (185 kb PDF file):  Research summaries on sources of economic growth and on capital flows; Country study of Poland; Coverage of a pre-conference on global linkages; Summary of the June 2002 Global Financial Stability Report; Visiting scholars at the IMF; Titles of recent IMF books, occasional papers, economic issues, policy discussion papers, and working papers; External publications by IMF staff.

June 2002 (476 kb PDF file):  Contains summaries of IMF research on the empirical analysis of exchange rates and on pension reform; country study: Brazil; coverage of conferences on (1) National Poverty Reduction Strategies and (2) Macroeconomic Policies and Poverty Reduction; summary of the April 2002 World Economic Outlook; descriptions of IMF publications; IMF working papers; visiting scholars at the IMF.

March 2002 (517 kb PDF file):  Articles reviewing IMF research on dollarization and on the relationship between macroeconomic policies and income distribution; country/area study: The Euro Area; summaries of Second Annual IMF Research Conference and Investor Relations Seminar; list of external publications of IMF staff; IMF working papers; visiting scholars at the IMF.

December 2001 (576 kb PDF file):  Articles reviewing IMF research on capital controls, currency unions, and environmental issues; country study: United States; summary of October 2001 World Economic Outlook; list of IMF working papers; visiting scholars at the IMF.

September 2001 (371 kb PDF file):  Research summaries: growth and trade in Africa, exchange rate-based inflation stabilization; Country study: Russia; Special topic: government finance statistics; summaries of May 2001 World Economic Outlook and August 2001 International Capital Markets report; external publications of IMF staff; visiting scholars at the IMF; IMF working papers, books and other research publications.

June 2001:  Current accounts; fiscal decentralization; commodity prices; Country study: India; seminar on exchange rate regimes; workshop on macroeconomic policies and poverty; IMF working papers, books and other research publications; visiting scholars at the IMF

March 2001:  Exchange rate regimes in developing economies; systemic banking crises; country study: Mexico; conference on fiscal decentralization; First Annual Research Conference; IMF working papers, Occasional Papers and other research publications; external publications of IMF staff; visiting scholars at the IMF; summary of October 2000 World Economic Outlook

December 2000:  Growth in transition; corruption; country study: Japan; conference on the future of monetary policy and banking; IMF working papers, books and other research publications; visiting scholars at the IMF; summary of International Capital Markets Report.

September 2000:  The IMF as international lender of last resort; financial contagion; seminar on financial risks, system stability and economic globalization; IMF working papers and other research publications; external publications of IMF staff; visiting scholars at the IMF; World Economic Outlook summary.

June 2000:  This quarterly bulletin selectively summarizes key components of research done at the IMF and provides a listing of research documents and other research-related activities, including IMF conferences and seminars.