Author/Editor: Tao Wu, Michele Cavallo.

Release Date: January, 2012

We study the effects of oil-price shocks on the U.S. economy combining narrative and quantitative approaches. After examining daily oil-related events since 1984, we classify them into various event more...

Author/Editor: Juan Carlos Hatchondo, Leonardo Martinez, Juan M. Sanchez.

Release Date: January, 2012

This paper incorporates house price risk and mortgages into a standard incomplete market (SIM) model. The model is calibrated to match U.S. data and accounts for non-targeted features of the data more...

Author/Editor: Bertrand Gruss, Jose L. Torres.

Release Date: January, 2012

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the more...

Author/Editor: Bertrand Candelon, Rabah Arezki, Amadou N. R. Sy.

Release Date: December, 2011

This paper studies the spillover effects both within the bond markets for individual U.S. states and between the latter and the market for U.S. Treasury securities. We perform the Forbes and Rigobon more...

Author/Editor: Luc Eyraud, Changchang Zhang, Abdoul Wane, Benedict J. Clements.

Release Date: December, 2011

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the more...

Author/Editor: Carlos I. Medeiros, Ying He.

Release Date: October, 2011

The paper assesses estimates of term structure models for the United States. To this end, this paper first describes the mathematics underlying two types of term structure models, namely the more...

Release Date: July, 2011

Release Date: July, 2011

Release Date: July, 2011

Author/Editor: Giovanni Dell'Ariccia.

Release Date: July, 2010

This paper contributes to the current debate on what role financial stability considerations should play in monetary policy decision and how best to integrate macro-prudential and monetary policy more...

Release Date: May, 2010

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff more...

Release Date: March, 2010

Release Date: March, 2010

Release Date: July, 2008

This 2008 Article IV Consultation highlights that problems in the housing and financial markets over the past year have combined to slow the United States' economy substantially. As the residential more...

Release Date: August, 2007

This 2007 Article IV Consultation highlights that following an extended boom led by strong domestic demand, the slowdown in the United States has largely reflected a drag from residential investment more...

Release Date: August, 2007

The size and sources of international spillovers of activity remain subject to significant uncertainty. This Selected Issues paper uses a new approach to differentiating these effects using more...

Release Date: August, 2007

This paper reports on a pilot study to present the United States fiscal data in a manner consistent with the Government Finance Statistics Manual (GFSM 2001). The study incorporates cash and accrual more...

Release Date: December, 2006

This report provides a summary of the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures in place in the United States on May 2006. The report describes and analyzes more...

Release Date: December, 2004

This paper presents the views of Lawrence H. Summers on the U.S. current account deficit and the global economy. Summers highlights that the U.S. current account deficit is currently running well in more...

Release Date: July, 2004

This Selected Issues paper examines the role of information and communication technology (ICT) in the recent acceleration of labor productivity growth in the United States. The analysis reveals that more...