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Central Banks as Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings

Author/Editor: Mitali Das, Gita Gopinath, Taehoon Kim, Jeremy C Stein.

Release Date:January, 2023

This paper explores how non-U.S. central banks behave when firms in their economies engage in currency mismatch, borrowing more heavily in dollars than justified by their operating exposures. We more...



Price: $20.00
Preemptive Policies and Risk-Off Shocks in Emerging Markets

Author/Editor: Mitali Das, Gita Gopinath, Şebnem Kalemli-Özcan.

Release Date:January, 2022

We show that preemptive capital flow management measures (CFM) can reduce emerging markets and developing countries' (EMDE) external finance premia during risk-off shocks, especially for vulnerable more...



Price: $5.00
The Exposure to Routinization: Labor Market Implications for Developed and Developing Economies

Author/Editor: Mitali Das, Benjamin Hilgenstock.

Release Date:June, 2018

Evidence that the automation of routine tasks has contributed to the polarization of labor markets has been documented for many developed economies, but little is known about its incidence in more...



Price: $18.00
Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence

Author/Editor: Mai Chi Dao, Mitali Das, Zsoka Koczan, Weicheng Lian.

Release Date:July, 2017

This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a more...



Price: $18.00
The External Balance Assessment (EBA) Methodology

Author/Editor: Steven Phillips, Luis Catão, Luca Antonio Ricci, Rudolfs Bems, Mitali Das, Julian Di Giovanni, Filiz Unsal, Marola Castillo, Jungjin Lee, Jair Rodriguez, Mauricio Vargas.

Release Date:January, 2014

The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a more...



Price: $0.00
The External Balance Assessment (EBA) Methodology

Author/Editor: Steven Phillips, Luis Catão, Luca Antonio Ricci, Rudolfs Bems, Mitali Das, Julian Di Giovanni, Filiz Unsal, Marola Castillo, Jungjin Lee, Jair Rodriguez, Mauricio Vargas.

Release Date:December, 2013

The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a more...



Price: $18.00
Chronicle of a Decline Foretold: Has China Reached the Lewis Turning Point?

Author/Editor: Mitali Das, Papa M N'Diaye.

Release Date:January, 2013

China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and more...



Price: $18.00