Florence Jaumotte

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Florence Jaumotte

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Bibliographic details

• Authors: Florence Jaumotte

Biography

Florence Jaumotte is Division Chief of the Structural and Climate Policies Division in the Research Department. Her research interests include: open-economy macroeconomics, economic growth, inequality, labor markets, and climate. She holds a Master in Economics from the University of Namur in Belgium and a Ph.D. in Economics from Harvard University.

Profile

Education

• Ph.D. in Economics, Harvard University, 2000

• License et maitrise en sciences economiques et sociales, Universite de Namur, 1994

Previous Experience

• Acting Division Chief, Research Department, Structural and Climate Policies Division, IMF, 2022-2023

• Deputy Division Chief, Research Department, Multilateral Surveillance Division, IMF, 2017-2022

• Senior Economist, Research Department, Multilateral Surveillance Division, IMF, 2011-2017

• Senior Economist, European Department, Euro 2 Division and Euro Area and EU Policies Division, IMF, 2008-2011

• Senior Economist/Economist, Research Department, World Economic Studies Division, IMF, 2005-2008

• Economist, Economics Directorate, Country Studies Branch, OECD, 2005

• Economist, Economics Directorate, Structural Policies Analysis, OECD, 2002-2005

• Economist Program, Fiscal Affairs Department, IMF, 2001-2002

• Economist Program, Middle Eastern Department, IMF, 2000-2001

• Researcher, Institut de Recherches Economiques et Sociales, Universite Catholique de Lounvain-la-Neuve, Belgique, 1994-1995

Current Position

• Division Chief, Research Department, Structural and Climate Policies Division, IMF, 2023-present

IMF Survey Articles

• Jaumotte, F. (2012), “Is Labor Compensation Still Falling in Advanced Economies?,” in IMF Survey Magazine, May 24, 2012.

• Jaumotte, F. and S. Lall (2007), “Technology Widening Rich-Poor Gap”, in IMF Survey Magazine, Volume 36, Number 13, November 2007.

• Jaumotte, F. and I. Tytell (2007), “Labor globalization: bane or boon?”, in IMF Survey, Volume 36, Number 6, April 2007.

IMF Direct Blog Posts

• Fabrizio, S., Jaumotte, F., & Tavares, M. M. (2024, October 7). Why women risk losing out in shift to green jobs.

• Black, S., Jaumotte, F., & Ananthakrishnan, P. (2023, November 27). World needs more policy ambition, private funds, and innovation to meet climate goals.

• Hasna, Z., Jaumotte, F., & Pienknagura, S. (2023, November 6). How green innovation can stimulate economies and curb emissions.

• Ebeke, C., & Jaumotte, F. (2023, September 25). How reform can aid growth and green transition in developing economies.

• Jaumotte, F., Oikonomou, M., Pizzinelli, C., & Tavares, M. M. (2023, March 21). How pandemic accelerated digital transformation in advanced economies.

• Jaumotte, F., & Schwerhoff, G. (2021, July 22). Reaching net zero emissions. IMF Blog.

• Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Economic Forces, Not Tariffs, Drive Changes in Trade Balances”

• Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Globalization Helps Spread Knowledge and Technology Across Borders”

IMF Publications

IMF Books and Working Papers

• Shaping Innovation: Can Industrial Policies Boost Patent Applications?, Working Paper No. 2026/047 , March 13, 2026

• Industrial Policies and Firm Performance: A Nuanced Relationship, Working Paper No. 2025/143 , July 18, 2025

• The Drivers and Macroeconomic Impacts of Low-Carbon Innovation: A Cross-Country Exploration, Working Paper No. 2025/130 , June 27, 2025

• Do Industrial Policies Increase Trade Competitiveness?, Working Paper No. 2025/098 , May 23, 2025

• Industrial Policies: Handle with Care, Staff Discussion Notes No. 2025/002 , March 21, 2025

• Policies to Foster Green FDI: Best Practices for Emerging Market and Developing Economies, Staff Climate Note No 2024/004 , October 8, 2024

• Gen-AI: Artificial Intelligence and the Future of Work, Staff Discussion Notes No. 2024/001 , January 14, 2024

• Green Innovation and Diffusion: Policies to Accelerate Them and Expected Impact on Macroeconomic and Firm-Level Performance, Staff Discussion Notes No. 2023/008 , November 6, 2023

• Structural Reforms to Accelerate Growth, Ease Policy Trade-offs, and Support the Green Transition in Emerging Market and Developing Economies, Staff Discussion Notes No. 2023/007 , September 22, 2023

• Digitalization During the COVID-19 Crisis: Implications for Productivity and Labor Markets in Advanced Economies, Staff Discussion Notes No. 2023/003 , March 13, 2023

• Climate Policy Options: A Comparison of Economic Performance, Working Paper No. 2022/242 , December 9, 2022

• Getting on Track to Net Zero: Accelerating a Global Just Transition in This Decade, Staff Climate Note No 2022/010 , November 4, 2022

• A Comprehensive Package of Macroeconomic Policy Measures for Implementing China’s Climate Mitigation Strategy, Working Paper No. 2022/142 , July 15, 2022

• Economic and Environmental Benefits from International Cooperation on Climate Policies, Departmental Paper No 2022/007 , March 17, 2022

• The Effect of Tariffs in Global Value Chains, Working Paper No. 2022/040 , February 25, 2022

• Mitigating Climate Change: Growth-Friendly Policies to Achieve Net Zero Emissions by 2050, Working Paper No. 2021/195 , July 23, 2021

• Are Bilateral Trade Balances Irrelevant?, Working Paper No. 2020/210 , September 25, 2020

• International Knowledge Spillovers, Working Paper No. 2018/269 , December 10, 2018

• Impact of Migration on Income Levels in Advanced Economies, Spillover Notes No 2016/008 , October 24, 2016

• Inequality and Labor Market Institutions, Staff Discussion Notes No. 2015/014 , July 1, 2015

• Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession, Staff Discussion Notes No. 2013/002 , March 29, 2013

• Determinants of Inflation in the Euro Area: The Role of Labor and Product Market Institutions, Working Paper No. 2012/037 , January 1, 2012

• The Spanish Labor Market in a Cross-Country Perspective, Working Paper No. 2011/011 , January 1, 2011

• Current Account Imbalances in the Southern Euro Area, Working Paper No. 2010/139 , June 1, 2010

• Rising Income Inequality: Technology, or Trade and Financial Globalization?, Working Paper No. 2008/185 , July 1, 2008

• How Has The Globalization of Labor Affected the Labor Income Share in Advanced Countries?, Working Paper No. 2007/298 , December 1, 2007

• Foreign Direct Investment and Regional Trade Agreements: The Market Size Effect Revisited, Working Paper No. 2004/206 , November 1, 2004

F&D articles

• Eugster, J., G. Ho, F. Jaumotte, and R. Piazza (2018), “How Knowledge Spreads”, in IMF Finance & Development, Vol.55 No.3, September 2018.

• Jaumotte, F., K. Koloskova, and S. Saxena (2016), “A Spoonful of Sugar,” in IMF Finance & Development, Vol.53 No.4, December 2016.

• Jaumotte, F. and C. Osorio Buitron (2015), “Power from the People,” in IMF Finance & Development, Vol.52 No.1 pp.29-31, March 2015

• Jaumotte, F. (2011), “Fixing the Flaws in EMU”, in IMF Finance and Development, December 2011, Volume 48, No.4.

• Jaumotte, F. and I. Tytell (2007), “Globalization of Labor”, in IMF Finance and Development (Picture This), Volume 44, Number 2, June 2007.

Other Published Materials

• Jaumotte, M.F., Kim, J., Koll, D., Li, E., Li, L., Melina, M.G., Song, A. and Tavares, M.M.M., 2026. Bridging Skill Gaps for the Future: New Jobs Creation in the AI Age. Staff Discussion Note No. 2026/001. International Monetary Fund

• Fabrizio, S., Jaumotte, F., Li, L., Mondragon, J., Priano, S., & Tavares, M. M. (2024). Green jobs and the future of work for women and men. IMF Staff Discussion Note No. 2024/003. International Monetary Fund

• Budina, M. N., Ebeke, C., Jaumotte, F., Medici, A., Panton, A. J., Tavares, M. M., & Yao, B. (2023). Structural reforms to accelerate growth, ease policy trade-offs, and support the green transition in emerging market and developing economies. IMF Staff Discussion Note No. 2023/007. International Monetary Fund.

• Jaumotte, F., Li, L., Medici, A., Oikonomou, M., Pizzinelli, C., Shibata, M. I., & Tavares, M. M. (2023). Digitalization during the COVID-19 crisis: Implications for productivity and labor markets in advanced economies. IMF Staff Discussion Note No. 2023/003. International Monetary Fund.

• Benatiya Andaloussi, M., Carton, B., Evans, C., Jaumotte, F., Muir, D., Natal, J.-M., Panton, A. J., & Voigts, S. (2022). Near-term macroeconomic impact of decarbonization policies. In IMF World Economic Outlook, October 2022, Chapter 3. International Monetary Fund.

• Barrett, P., Bogmans, C., Carton, B., Eugster, J., Jaumotte, F., Mohommad, A., Pugacheva, E., Tavares, M. M., & Voigts, S. (2020). Mitigating climate change—growth- and distribution-friendly strategies. In IMF World Economic Outlook, October 2020, Chapter 3. International Monetary Fund.

• Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Drivers of Bilateral Trade and Spillovers from Tariffs”, in IMF World Economic Outlook, April 2019, chapter 4.

• Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Is Productivity Growth Shared in a Globalized Economy?”, in IMF World Economic Outlook, April 2018, chapter 4.

• Danninger, S. and F. Jaumotte (2008), “Divergence of Current Account Balances across Emerging Economies,” in IMF World Economic Outlook, October 2008.

• Tamirisa, N., F. Jaumotte, B. Jones, P. Mills, R. Ramcharan, A. Scott, and J. Strand (2008), “Climate Change and the Global Economy”, in IMF World Economic Outlook, April 2008.

• Lall, S., F. Jaumotte, C. Papageorgiou, and P. Topalova (2007), “Globalization and Inequality”, in IMF World Economic Outlook, October 2007.

• Jaumotte, F. and I. Tytell (2007), “The Globalization of Labor”, in IMF World Economic Outlook, April 2007.

• Jaumotte, F., H. Poirson, N. Spatafora, and K. Vu (2006), “Asia Rising: Patterns of Economic Development and Growth”, in IMF World Economic Outlook, September 2006.

• Helbling T., F. Jaumotte and M. Sommer (2006), “How Has Globalization Affected Inflation”, in IMF World Economic Outlook, April 2006.

Non-IMF Publications

Publications in Journals (Refereed)

• Kim, J., Jaumotte, F., Panton, A. J., & Schwerhoff, G. (2025). Energy security and the green transition. Energy Policy, 198, 114409. https://doi.org/10.1016/j.enpol.2024.114409

• Chateau, J., Jaumotte, F., & Schwerhoff, G. (2024). Climate policy options: A comparison of economic performance. Energy Policy, 192, 114232.

• Chateau, J., Jaumotte, F., & Schwerhoff, G. (2024). Global climate policy with differentiated carbon price floors. Climate Policy, 24(4), 515–528.

• Eugster, J. L., Ho, G., Jaumotte, F., & Piazza, R. (2022). International knowledge spillovers. Journal of Economic Geography, 22(6), 1191–1224.

• Jaumotte, F. and C. Osorio Buitron (2019), “Inequality: Traditional Drivers and the Role of Union Power”, Oxford Economic Papers, pp.1-34, March 2019.

• Blanchard, O. J., F. Jaumotte, and P. Loungani (2014), “Labor Market Policies and IMF Advice in Advanced Economies During the Great Recession,” IZA Journal of Labor Policy, 3(1), 1-23 (also IMF Staff Discussion Note 13/2, March 2013).

• Jaumotte, F., S. Lall and C. Papageorgiou (2013), “Rising Income Inequality: Technology, or Trade and Financial Globalization?,” IMF Economic Review, vol. 61(2).

• Florence Jaumotte (2003), "Labour Force Participation of Women: Empirical Evidence on The Role of Policy and Other Determinants in OECD Countries," OECD Economic Studies, vol. 2003(2).

• Florence Jaumotte (2003), "Les femmes sur le marché du travail : Évidence empirique sur le rôle des politiques économiques et autres déterminants dans les pays de l'OCDE," Revue économique de l'OCDE, vol. 2003(2).

Publications in Books and Conference Volumes

• Industrial Policies: Handle with Care in "Baldwin, R and M Ruta (eds) (2025), ‘The State of Globalisation‘, CEPR Press, Paris & London."

• Jaumotte, F. and P. Sodsriwiboon (2011), “Current Account Imbalances in the Southern Euro Area: Causes, Consequences, and Remedies,” in Measuring Italy’s External Competitiveness, by L. Codogno and L. Paganetto (eds), Rubbettino Editore.

• Hakura, D. and F. Jaumotte (2001), “The Role of Inter- and Intra-Industry Trade in Technology Diffusion”, in Policies to Promote Competitiveness in Manufacturing in Sub-Saharan Africa, by A. Kwasi Fosu, S.M. Nsouli, and A. Varoudakis (eds).

Other Published Materials

• Jaumotte, F., Kim, J., Pienknagura, S., & Schwerhoff, G. (2024, December 12). Unlocking green FDI for emerging market and developing economies. VoxEU.

• Hasna, M. Z., Jaumotte, M. F., Kim, J., Pienknagura, S., & Schwerhoff, G. (2024, April 5). Green innovation and deployment: Fuelling economies, reducing emissions. VoxEU.

• Eugster, J. L., Jaumotte, F., MacDonald, M., & Piazza, R. (2019, September 10). Bilateral and aggregate trade balances: Finding the right focus. VoxEU.

• Jaumotte, F., K. Koloskova, and S. Saxena (2016), “Immigration and Economic Prosperity,” Vox, January 12, 2017.

• Jaumotte, F. and C. Osorio Buitron (2015), “Union Power and Inequality,” Vox, October 22, 2015.

• Blanchard O., F. Jaumotte and P. Loungani (2013), “Unemployment, Labour-Market Flexibility and IMF Advice: Moving Beyond Mantras,” Vox, October 18, 2013.

• Jaumotte, F. (2005), “Women and work: Resolving the riddle”, in Women and work: pushing for a change, OECD Observer No. 248, March.

• Florence Jaumotte (2006), "Maintaining Switzerland's Top Innovation Capacity," OECD Economics Department Working Papers 487.

• Jaumotte, F. and N. Pain (2005), “Innovation in the Business Sector”, OECD Economics Department Working Paper, No. 459.

• Jaumotte, F. and N. Pain (2005), “From Innovation Development to Implementation: Evidence from the Community Innovation Survey”, OECD Economics Department Working Paper, No. 458.

• Jaumotte, F. and N. Pain (2005), “From Ideas to Development: The Determinants of R&D and Patenting”, OECD Economics Department Working Paper, No. 457.

• Jaumotte, F. and N. Pain (2005), “An Overview of Public Policies to Support Innovation”, OECD Economics Department Working Paper, No. 456.

• Burniaux, J.-M., R. Duval and F. Jaumotte (2003), “Coping with ageing: a dynamic approach to quantify the impact of alternative policy options on future labour supply in OECD countries”, OECD Economics Department Working Paper No 371.

• Florence Jaumotte (2003), "Female Labour Force Participation: Past Trends and Main Determinants in OECD Countries," OECD Economics Department Working Papers 376.

• Delbecque, Bernard & Jaumotte, Florence (1998), "A Model of Targeted Exchange Rates," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1998014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

• Jaumotte, Florence (1997), "Technology Diffusion and Trade : An Empirical Investigation," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1997021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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