Search Results - "IMF staff papers"

Social Norms as a Barrier to Women’s Employment in Developing Countries by Jayachandran, Seema

“…This article discusses cultural barriers to women’s participation and success in the labor market in developing countries. I begin by discussing the…”
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Systemic Banking Crises Database II by Laeven, Luc, Valencia, Fabian

“…This paper updates and expands the database on systemic banking crises presented in Laeven and Valencia (IMF Econ Rev 61(2):225–270, 2013a). The database draws…”
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Capital Control Measures: A New Dataset by FERNÁNDEZ, ANDRÉS, KLEIN, MICHAEL W., REBUCCI, ALESSANDRO, SCHINDLER, MARTIN, URIBE, MARTÍN

“…This paper presents a new data set of capital controls by inflows and outflows for 10 asset categories in 100 countries during 1995-2013. Building on the data…”
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The External Wealth of Nations Revisited: International Financial Integration in the Aftermath of the Global Financial Crisis by Lane, Philip R., Milesi-Ferretti, Gian Maria

“…This paper documents the evolution of international financial integration since the global financial crisis using an updated dataset on external assets and…”
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International Channels of Transmission of Monetary Policy and the Mundellian Trilemma by REY, HÉLÈNE

“…This lecture argues that the Global Financial Cycle is a challenge for the validity of the Mundellian trilemma. The paper presents evidence that U.S. monetary…”
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Systemic Banking Crises Database by LAEVEN, LUC, VALENCIA, FABIÁN

“…The paper presents a comprehensive database on systemic banking crises during 1970-2011. It proposes a methodology to date banking crises based on policy…”
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Rising Income Inequality: Technology, or Trade and Financial Globalization? by JAUMOTTE, FLORENCE, LALL, SUBIR, PAPAGEORGIOU, CHRIS

“…The paper examines the relationship between the rapid pace of trade and financial globalization and the rise in income inequality observed in most countries…”
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How Important is the Global Financial Cycle? Evidence from Capital Flows by Cerutti, Eugenio, Claessens, Stijn, Rose, Andrew K.

“…We quantify the importance of a Global Financial Cycle (GFCy) for capital flows. We use capital flow data disaggregated by direction and type between 1990Q1…”
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Global Financial Cycles and Risk Premiums by Jordà, Òscar, Schularick, Moritz, Taylor, Alan M., Ward, Felix

“…This paper studies the synchronization of financial cycles across 17 advanced economies over the past 150 years. The comovement in credit, house prices, and…”
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How Firms Respond to Business Cycles: The Role of Firm Age and Firm Size by FORT, TERESA C., HALTIWANGER, JOHN, JARMIN, RON S., MIRANDA, JAVIER

“…There remains considerable debate in the theoretical and empirical literature about the differences in the cyclical dynamics of firms by firm size. This paper…”
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The Impact of the Global Financial Crisis on Banking Globalization by CLAESSENS, STIJN, VAN HOREN, NEELTJE

“…Although cross-border lending has fallen sharply since the crisis, foreign bank presence—that is, "brick-and-mortar" operations—declined much less. While OECD…”
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Dilemma Not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows by FARHI, EMMANUEL, WERNING, IVÁN

“…The paper considers a standard New Keynesian model of a small open economy with nominal rigidities and studies optimal capital controls. Consistent with the…”
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Global Banks and International Shock Transmission: Evidence from the Crisis by CETORELLI, NICOLA, GOLDBERG, LINDA S.

“…Global banks played a significant role in the transmission of the 2007 to 2009 crisis to emerging market economies. This paper examines the relationships…”
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The Equilibrium Real Funds Rate: Past, Present, and Future by HAMILTON, JAMES D., HARRIS, ETHAN S., HATZIUS, JAN, WEST, KENNETH D.

“…We examine the behavior, determinants, and implications of the equilibrium level of the real federal funds rate, interpreted as the long run or steady state…”
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Understanding the New Normal: The Role of Demographics by Gagnon, Etienne, Johannsen, Benjamin K., López-Salido, David

“…We calibrate an overlapping-generations model with a rich demographic structure to observed and projected changes in U.S. population, family composition, life…”
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Supply Shocks in Supply Chains: Evidence from the Early Lockdown in China by Lafrogne-Joussier, Raphael, Martin, Julien, Mejean, Isabelle

“…How do firms in global value chains react to input shortages? We examine micro-level adjustments to supply chain shocks, building on the Covid-19 pandemic as a…”
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Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on the International Transmission of Financial Shocks by Ongena, Steven, Peydró, José-Luis, Horen, Neeltje van

“…We study the international transmission of shocks from the banking to the real sector during the global financial crisis. For identification, we use matched…”
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ECB Unconventional Monetary Policy: Market Impact and International Spillovers by FRATZSCHER, MARCEL, DUCA, MARCO LO, STRAUB, ROLAND

“…This paper assesses the financial market impact of ECB unconventional monetary policy between 2007 and 2012. The paper looks at a broad range of asset prices…”
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A Manufacturing (Re)Naissance? Industrialization in the Developing World by Kruse, Hagen, Mensah, Emmanuel, Sen, Kunal, de Vries, Gaaitzen

“…This paper examines industrialization in developing countries. It introduces the GGDC/UNU-WIDER Economic Transformation Database, which provides consistent…”
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Mobility Under the COVID-19 Pandemic: Asymmetric Effects Across Gender and Age by Caselli, Francesca, Grigoli, Francesco, Sandri, Damiano, Spilimbergo, Antonio

“…Overall mobility declined during the COVID-19 pandemic because of government lockdowns and voluntary social distancing. Yet, aggregate data mask important…”
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