## Florence Jaumotte

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## Bibliographic details
- Authors: Florence Jaumotte

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### 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.](https://www.imf.org/en/Blogs/Articles/2024/10/07/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.](https://www.imf.org/en/Blogs/Articles/2023/11/27/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.](https://www.imf.org/en/Blogs/Articles/2023/11/06/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.](https://www.imf.org/en/Blogs/Articles/2023/09/25/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.](https://www.imf.org/en/Blogs/Articles/2023/03/21/how-pandemic-accelerated-digital-transformation-in-advanced-economies)

- [Jaumotte, F., & Schwerhoff, G. (2021, July 22). Reaching net zero emissions. IMF Blog.](https://www.imf.org/en/Blogs/Articles/2021/07/22/blog-reaching-net-zero-emissions)

- [Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Economic Forces, Not Tariffs, Drive Changes in Trade Balances”](https://blogs.imf.org/2019/04/03/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”](https://blogs.imf.org/2018/04/09/globalization-helps-spread-knowledge-and-technology-across-borders/)

### IMF Publications

### IMF Books and Working Papers

- [Shaping Innovation: Can Industrial Policies Boost Patent Applications?](https://www.imf.org/en/publications/wp/issues/2026/03/13/shaping-innovation-can-industrial-policies-boost-patent-applications-574623), Working Paper No. 2026/047 , March 13, 2026

- [Industrial Policies and Firm Performance: A Nuanced Relationship](https://www.imf.org/en/publications/wp/issues/2025/07/18/industrial-policies-and-firm-performance-a-nuanced-relationship-568626), Working Paper No. 2025/143 , July 18, 2025

- [The Drivers and Macroeconomic Impacts of Low-Carbon Innovation: A Cross-Country Exploration](https://www.imf.org/en/publications/wp/issues/2025/06/27/the-drivers-and-macroeconomic-impacts-of-low-carbon-innovation-a-cross-country-exploration-568142), Working Paper No. 2025/130 , June 27, 2025

- [Do Industrial Policies Increase Trade Competitiveness?](https://www.imf.org/en/publications/wp/issues/2025/05/23/do-industrial-policies-increase-trade-competitiveness-567184), Working Paper No. 2025/098 , May 23, 2025

- [Industrial Policies: Handle with Care](https://www.imf.org/en/publications/staff-discussion-notes/issues/2025/03/21/industrial-policies-handle-with-care-561795), Staff Discussion Notes No. 2025/002 , March 21, 2025

- [Policies to Foster Green FDI: Best Practices for Emerging Market and Developing Economies](https://www.imf.org/en/publications/staff-climate-notes/issues/2024/10/08/policies-to-foster-green-fdi-best-practices-for-emerging-market-and-developing-economies-555062), Staff Climate Note No 2024/004 , October 8, 2024

- [Gen-AI: Artificial Intelligence and the Future of Work](https://www.imf.org/en/publications/staff-discussion-notes/issues/2024/01/14/gen-ai-artificial-intelligence-and-the-future-of-work-542379), 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](https://www.imf.org/en/publications/staff-discussion-notes/issues/2023/11/03/green-innovation-and-diffusion-policies-to-accelerate-the-process-and-expected-impact-on-540134), 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](https://www.imf.org/en/publications/staff-discussion-notes/issues/2023/09/21/structural-reforms-to-accelerate-growth-ease-policy-trade-offs-and-support-the-green-538429), Staff Discussion Notes No. 2023/007 , September 22, 2023

- [Digitalization During the COVID-19 Crisis: Implications for Productivity and Labor Markets in Advanced Economies](https://www.imf.org/en/publications/staff-discussion-notes/issues/2023/03/13/digitalization-during-the-covid-19-crisis-implications-for-productivity-and-labor-markets-529852), Staff Discussion Notes No. 2023/003 , March 13, 2023

- [Climate Policy Options: A Comparison of Economic Performance](https://www.imf.org/en/publications/wp/issues/2022/12/09/climate-policy-options-a-comparison-of-economic-performance-526813), Working Paper No. 2022/242 , December 9, 2022

- [Getting on Track to Net Zero: Accelerating a Global Just Transition in This Decade](https://www.imf.org/en/publications/staff-climate-notes/issues/2022/10/31/getting-on-track-to-net-zero-accelerating-a-global-just-transition-in-this-decade-525242), Staff Climate Note No 2022/010 , November 4, 2022

- [A Comprehensive Package of Macroeconomic Policy Measures for Implementing China’s Climate Mitigation Strategy](https://www.imf.org/en/publications/wp/issues/2022/07/15/a-comprehensive-package-of-macroeconomic-policy-measures-for-implementing-chinas-climate-520870), Working Paper No. 2022/142 , July 15, 2022

- [Economic and Environmental Benefits from International Cooperation on Climate Policies](https://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2022/03/16/economic-and-environmental-benefits-from-international-cooperation-on-climate-policies-511562), Departmental Paper No 2022/007 , March 17, 2022

- [The Effect of Tariffs in Global Value Chains](https://www.imf.org/en/publications/wp/issues/2022/02/25/the-effect-of-tariffs-in-global-value-chains-513172), Working Paper No. 2022/040 , February 25, 2022

- [Mitigating Climate Change: Growth-Friendly Policies to Achieve Net Zero Emissions by 2050](https://www.imf.org/en/publications/wp/issues/2021/07/23/mitigating-climate-change-growth-friendly-policies-to-achieve-net-zero-emissions-by-2050-462136), Working Paper No. 2021/195 , July 23, 2021

- [Are Bilateral Trade Balances Irrelevant?](https://www.imf.org/en/publications/wp/issues/2020/09/25/are-bilateral-trade-balances-irrelevant-49736), Working Paper No. 2020/210 , September 25, 2020

- [International Knowledge Spillovers](https://www.imf.org/en/publications/wp/issues/2018/12/10/international-knowledge-spillovers-46453), Working Paper No. 2018/269 , December 10, 2018

- [Impact of Migration on Income Levels in Advanced Economies](https://www.imf.org/en/publications/spillover-notes/issues/2016/12/31/impact-of-migration-on-income-levels-in-advanced-economies-44343), Spillover Notes No 2016/008 , October 24, 2016

- [Inequality and Labor Market Institutions](https://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/inequality-and-labor-market-institutions-42987), Staff Discussion Notes No. 2015/014 , July 1, 2015

- [Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession](https://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/labor-market-policies-and-imf-advice-in-advanced-economies-during-the-great-recession-40412), Staff Discussion Notes No. 2013/002 , March 29, 2013

- [Determinants of Inflation in the Euro Area: The Role of Labor and Product Market Institutions](https://www.imf.org/en/publications/wp/issues/2016/12/31/determinants-of-inflation-in-the-euro-area-the-role-of-labor-and-product-market-institutions-25690), Working Paper No. 2012/037 , January 1, 2012

- [The Spanish Labor Market in a Cross-Country Perspective](https://www.imf.org/en/publications/wp/issues/2016/12/31/the-spanish-labor-market-in-a-cross-country-perspective-24569), Working Paper No. 2011/011 , January 1, 2011

- [Current Account Imbalances in the Southern Euro Area](https://www.imf.org/en/publications/wp/issues/2016/12/31/current-account-imbalances-in-the-southern-euro-area-23940), Working Paper No. 2010/139 , June 1, 2010

- [Rising Income Inequality: Technology, or Trade and Financial Globalization?](https://www.imf.org/en/publications/wp/issues/2016/12/31/rising-income-inequality-technology-or-trade-and-financial-globalization-22170), Working Paper No. 2008/185 , July 1, 2008

- [How Has The Globalization of Labor Affected the Labor Income Share in Advanced Countries?](https://www.imf.org/en/publications/wp/issues/2016/12/31/how-has-the-globalization-of-labor-affected-the-labor-income-share-in-advanced-countries-21520), Working Paper No. 2007/298 , December 1, 2007

- [Foreign Direct Investment and Regional Trade Agreements: The Market Size Effect Revisited](https://www.imf.org/en/publications/wp/issues/2016/12/31/foreign-direct-investment-and-regional-trade-agreements-the-market-size-effect-revisited-17770), 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.](https://www.imf.org/external/pubs/ft/fandd/2018/09/globalization-and-how-knowledge-spreads-eugster.htm)

- [Jaumotte, F., K. Koloskova, and S. Saxena (2016), “A Spoonful of Sugar,” in IMF Finance & Development, Vol.53 No.4, December 2016.](http://www.imf.org/external/pubs/ft/fandd/2016/12/jaumotte.htm)

- [Jaumotte, F. and C. Osorio Buitron (2015), “Power from the People,” in IMF Finance & Development, Vol.52 No.1 pp.29-31, March 2015](http://www.imf.org/external/pubs/ft/fandd/2015/03/jaumotte.htm)

- 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](https://www.elibrary.imf.org/view/journals/006/2026/001/006.2026.issue-001-en.xml)

- [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](https://doi.org/10.5089/9798400286049.006)

- [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.](https://doi.org/10.5089/9798400250095.006)

- [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.](https://doi.org/10.5089/9798400232596.006)

- [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.](https://doi.org/10.5089/9798400218439.081)

- [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.](https://doi.org/10.5089/9781513556055.081)

- [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.](https://doi.org/10.5089/9781484397480.081)

- [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.](https://doi.org/10.5089/9781484338278.081)

- [Danninger, S. and F. Jaumotte (2008), “Divergence of Current Account Balances across Emerging Economies,” in IMF World Economic Outlook, October 2008.](https://doi.org/10.5089/9781589067585.081)

- [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.](https://doi.org/10.5089/9781589067431.081)

- [Lall, S., F. Jaumotte, C. Papageorgiou, and P. Topalova (2007), “Globalization and Inequality”, in IMF World Economic Outlook, October 2007.](https://doi.org/10.5089/9781589066885.081)

- [Jaumotte, F. and I. Tytell (2007), “The Globalization of Labor”, in IMF World Economic Outlook, April 2007.](https://doi.org/10.5089/9781589066533.081)

- [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.](https://doi.org/10.5089/9781589065987.081)

- [Helbling T., F. Jaumotte and M. Sommer (2006), “How Has Globalization Affected Inflation”, in IMF World Economic Outlook, April 2006.](https://doi.org/10.5089/9781589065499.081)

### 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](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.](https://doi.org/10.1016/j.enpol.2024.114232)

- [Chateau, J., Jaumotte, F., & Schwerhoff, G. (2024). Global climate policy with differentiated carbon price floors. Climate Policy, 24(4), 515–528.](https://doi.org/10.1080/14693062.2023.2205376)

- [Eugster, J. L., Ho, G., Jaumotte, F., & Piazza, R. (2022). International knowledge spillovers. Journal of Economic Geography, 22(6), 1191–1224.](https://doi.org/10.1093/jeg/lbab040)

- 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."](https://cepr.org/publications/books-and-reports/state-globalisation)

- 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.](https://cepr.org/voxeu/columns/unlocking-green-fdi-emerging-market-and-developing-economies)

- [Hasna, M. Z., Jaumotte, M. F., Kim, J., Pienknagura, S., & Schwerhoff, G. (2024, April 5). Green innovation and deployment: Fuelling economies, reducing emissions. VoxEU.](https://cepr.org/voxeu/columns/green-innovation-and-deployment-fuelling-economies-reducing-emissions)

- [Eugster, J. L., Jaumotte, F., MacDonald, M., & Piazza, R. (2019, September 10). Bilateral and aggregate trade balances: Finding the right focus. VoxEU.](https://cepr.org/voxeu/columns/bilateral-and-aggregate-trade-balances-finding-right-focus)

- [Jaumotte, F., K. Koloskova, and S. Saxena (2016), “Immigration and Economic Prosperity,” Vox, January 12, 2017.](http://voxeu.org/article/immigration-and-economic-prosperity)

- [Jaumotte, F. and C. Osorio Buitron (2015), “Union Power and Inequality,” Vox, October 22, 2015.](http://www.voxeu.org/article/union-power-and-inequality)

- [Blanchard O., F. Jaumotte and P. Loungani (2013), “Unemployment, Labour-Market Flexibility and IMF Advice: Moving Beyond Mantras,” Vox, October 18, 2013.](http://www.voxeu.org/article/unemployment-labour-market-flexibility-and-imf-advice)

- 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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## Content in this bundle

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