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The Economic Effects of Fiscal Consolidation with Debt Feedback

Author/Editor: Marcello M Estevão, Issouf Samaké.

Release Date: May, 2013

Price: $18.00

The past several years of recession and slow recovery have raised much interest on the effect of fiscal stimulus on economic activity, even as high public debts in many countries would call for more...



Chile: 2012 Article IV Consultation

Release Date: September, 2012

Price: $18.00

Nicaragua: 2012 Article IV Consultation : Nicaragua: 2012 Article IV Consultation

Release Date: September, 2012

Price: $18.00

This paper is an overview of Nicaragua’s performance in the year 2011. The year 2012 is expected to face a recession and a moderation in the global oil prices. The tax revenue collections will be more...



Nicaragua: Ex Post Assessment of Longer-Term Program Engagement

Release Date: September, 2012

Price: $18.00

Haiti: Fourth Review Under the Extended Credit Facility - Staff Report and Press Release

Release Date: August, 2012

Price: $18.00

United States: Staff Report for the 2012 Article IV Consultation

Release Date: August, 2012

Price: $18.00

Paraguay: Staff Report for the 2012 Article IV Consultation

Release Date: August, 2012

Price: $18.00

Innocent Bystanders? Monetary Policy and Inequality in the U.S.

Author/Editor: Olivier Coibion, Yuriy Gorodnichenko, Lorenz Kueng, John Silvia.

Release Date: August, 2012

Price: $18.00

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically more...



Household Production, Services and Monetary Policy

Author/Editor: Constant Lonkeng Ngouana.

Release Date: August, 2012

Price: $18.00

A distinctive feature of market-provided services is that some of them have close substitutes at home. Households may therefore switch between consuming home and market services in response to more...



The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications

Author/Editor: Olivier Coibion, Yuriy Gorodnichenko, Gee Hee Hong.

Release Date: August, 2012

Price: $18.00

We study the cyclical properties of sales, regular price changes and average prices paid by consumers (effective prices) in a dataset containing prices and quantities sold for numerous retailers more...



St. Kitts and Nevis - Second Review Under the Stand-By Arrangement and the Financing Assurances Review, and Request for Waivers of Applicability - Staff Report and Press Release

Release Date: July, 2012

Price: $18.00

Brazil: Selected Issues Paper

Release Date: July, 2012

Price: $18.00

Great Recession and Fiscal Squeeze at U.S. Subnational Government Level

Author/Editor: Jiri Jonas.

Release Date: July, 2012

Price: $18.00

The paper discusses the fiscal impact of the Great Recession of 2007-08 on state and local governments in the United States. It documents the sharp decline in tax revenue and discusses how states more...



Successful Austerity in the United States, Europe and Japan

Author/Editor: Nicoletta Batini, Giovanni Callegari, Giovanni Melina.

Release Date: July, 2012

Price: $18.00

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract more...



Bolivia: Staff Report for the 2012 Article IV Consultation

Release Date: June, 2012

Price: $18.00

Guatemala: Article IV Consultation - Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Guatemala

Release Date: June, 2012

Price: $18.00

Trinidad and Tobago : Staff Report for the 2011 Article IV Consultation.

Release Date: June, 2012

Price: $18.00

This 2011 Article IV Consultation highlights that the economy of Trinidad and Tobago is turning the corner, and growth is expected to resume in 2012 after an extended slowdown lasting three years. more...



How Effective Is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

Author/Editor: Prachi Mishra, Peter Montiel.

Release Date: June, 2012

Price: $18.00

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary more...



Peru: Monetary and Exchange Rate Policies, 1930 - 1980

Author/Editor: Gonzalo C. Pastor.

Release Date: June, 2012

Price: $18.00

This paper reviews monetary and exchange rate policies in Peru in 1930-80. The review covers major transformations to the world economy, including the post-1929 crash and WWII, and changing economic more...



The Impact of Longevity Improvements on U.S. Corporate Defined Benefit Pension Plans

Author/Editor: Michael Kisser, John Kiff, Stefan E. Oppers, Mauricio Soto.

Release Date: June, 2012

Price: $18.00

This paper provides the first empirical assessment of the impact of life expectancy assumptions on the liabilities of private U.S. defined benefit (DB) pension plans. Using detailed actuarial and more...



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