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Content
2026
- 2026/157 The Generalized Jevons Paradox and the Future of Energy
by Mr. William Oman & Etienne Espagne & Jean-Baptiste Fressoz
- 2026/156 Settlement Risk and Currency Markets
by Seungduck Lee & Angelo Ranaldo & Tomohiro Tsuruga
- 2026/155 Industrial Policy and Trade Tensions in Strategic Sectors
by Lorenzo Rotunno & Michele Ruta & Priyam Verma
- 2026/154 The Changing Landscape of Financial Integration in Asia-Pacific
by Cristian Alonso & Tristan Hennig & Henry Hoyle & Haibo Li & Monica Petrescu & Ying Xu & Yizhi Xu
- 2026/153 Beyond the First Bond: Market Access and Debt Dynamics in Frontier Economies
by Hasan Cetin & Mr. Sanan Mirzayev
- 2026/152 Taxing Cross-Border Services
by Mr. Shafik Hebous & Brendan Crowley & Rasmi Das & Tibor Hanappi & Mr. Cory Hillier & Adam Jakubik & Mr. Eric Robert & Mr. Christophe J Waerzeggers
- 2026/151 Closing the Gap: A LIC’s Policy Options Under an Aid Shock
by Dawit Tessema & Sotima J Koussere
- 2026/150 Graying Asia: How Aging Is Reshaping Banking
by Haibo Li & Estelle X Liu & Yinqiu Lu & Anne Oeking
- 2026/149 Tariff Pass-Through and Import Reallocation
by Mr. JaeBin Ahn & Lorenzo Rotunno & Michele Ruta
- 2026/148 Pumps and Plates: Passthrough of International Fuel and Food Price Shocks to Domestic Markets
by Huy Nguyen & Celine Thevenot
- 2026/147 Aggregate Gains from AI and Their Distribution: Global Evidence from Usage Data
by Rachel Yuting Fan & Ha Minh Nguyen
- 2026/146 What Drives Crypto Mining? Evidence from Hardware Imports
by Andras Komaromi & Federico Grinberg & Mr. Diego A. Cerdeiro & Yang Liu
- 2026/145 Repo Rate Dynamics: The Role of Dealers, Hedge Funds, and Issuance
by Kleopatra Nikolaou
- 2026/144 Stablecoins and Fragility in Fixed Exchange Rate Regimes
by Brandon Joel Tan
- 2026/143 Competition and Productivity in Middle East and Central Asia: What Role Do Tariffs Play?
by Walid Faris & Mr. Etibar Jafarov & Umang Rawat
- 2026/142 Should Oil Economies Worry About Oil Shocks’ Impact on the Banking System? The Case of Oman
by Yurii Sholomytskyi & Nathaniel Butler Blondel & Mr. Mumtaz Hussain
- 2026/141 Pricing Reform Progress: Evidence from Sovereign Spreads and Consensus Forecasts
by Mr. Ken Miyajima
- 2026/140 Frontier Markets: Analyzing Drivers of Market Growth and Sovereign Risks
by Younes Takki Chebihi & Naoya Kato & Maxwell Kushnir & Andreja Lenarcic & Yinhao Sun & Mr. Bilal Tabti
- 2026/139 Sovereign Risk and Natural Disaster Shocks: Unraveling the Domestic Yield Curve Response
by Mr. Kangni R Kpodar & Alassane Drabo & Carine Meyimdjui
- 2026/138 Resilience by Design: What Role Can Policy Frameworks Play in the Middle East and Central Asia?
by Hasan Dudu & Mr. Troy D Matheson & Mr. Dirk V Muir & Karmen Naidoo & Salem M Nechi & Mr. Pedro C Rodriguez
- 2026/137 Credit Expansion in the Caucasus and Central Asia
by Mr. Etibar Jafarov & Chingis Matayev
- 2026/136 Financial Market Infrastructures Evolution in a Tokenized Economy: Exploring blockchain implementation options for issuance, central clearing, settlement, and reporting
by Yaiza Cabedo & Mr. Tommaso Mancini-Griffoli & Fabian Schär & Nicolas Zhang
- 2026/135 Upgrading the Global Financial Safety Net: Implications of a Synthetic Reserve Deposit
by Mr. Giovanni Dell'Ariccia & Pascal Farahmand & Pierre-Olivier Gourinchas & Istvan Mak & Mr. Adrian Peralta-Alva & Mr. Francisco Roldan
- 2026/134 Assessing Macrofinancial Linkages in China Using a Machine-Learned Parsimonious VAR Model
by Jin-Chuan Duan & Mr. Dimitrios Laliotis & Ms. Wei Sun
- 2026/133 Central Bank Communication in Times of Uncertainty: AI-assisted Decoding of Recent Trends in Europe
by Francesca Caselli & Ms. Luisa Charry & Mr. Larry Q Cui & Mr. Pragyan Deb & Allan Dizioli & Alexandra Fotiou & Ben Park & Mr. Sebastian Weber
- 2026/132 Brazil's VAT Reform: Improving Equity
by Ana Cebreiro Gomez & Ms. Christina Kolerus
- 2026/131 Optimal Currency Basket Estimation
by Mr. Etienne Vaccaro-Grange
- 2026/130 The Political Economy of Foreign Exchange Interventions
by Kodjovi M. Eklou
- 2026/129 Stablecoins and Macroeconomic Stability: A DSGE Investigation
by Hui He & Yao Zhao & Dayong Zhou
- 2026/128 Climate Shocks, Debt Defaults and Investment in Climate Adaptation – Squaring an Impossible Trilemma
by Constance de Soyres & Emmanuella Obeng & Joanne Tan
- 2026/127 Production Networks and the (Asymmetric) Transmission of Monetary Policy
by Mr. Francesco Grigoli
- 2026/126 Minimum Wages and the Informality Constraint
by Nils H. Lehr & Johanna Schauer & Hugo Tuesta
- 2026/125 Long-term Effects of US Tariff Increases on CAPDR
by Alexander Subramaniam Beames
- 2026/124 The (Many) Consequences of the Housing Affordability Problem in the EU: A Machine-Learning Empirical Analysis
by Mr. Jean-Jacques Hallaert & Iglika Vassileva
- 2026/123 Barriers to a European Banking Union
by Mr. Damien Capelle & Adriano Fernandes & J.J. Kruger & Peter McAdam
- 2026/122 Targeting State Aid: Firm-level Evidence from France
by Xun Li & Maryam Vaziri
- 2026/121 HANK-Based Fiscal Consolidation for a High-Debt Advanced Euro Area Economy
by Mr. Gee Hee Hong & Naowar Mohiuddin & Rasmané Ouedraogo & Danila Smirnov & Maryam Vaziri
- 2026/120 Wage Dynamics in Europe: Drivers, Institutional Amplifiers, and Policy Spillovers
by Kareem Ismail & Ana Lariau & Théodore Renault
- 2026/119 Central Clearing for Government Securities Repos: A CCP-Centric Perspective
by Ismael Boudiaf
- 2026/118 ASEAN’s Trade and Investment in a Fragmented World
by Giovanni Donato & Emmanouil Kitsios
- 2026/117 Decoding Fiscal Messaging: How G7 Finance Ministries Communicate
by Tatiana Evdokimova & Patrick A. Imam
- 2026/116 Innovation, Human Capital, and Taxation: Evidence from a Structural Model of the Canadian Economy
by Sandra Valentina Lizarazo
- 2026/115 Persistent Temperature, Capital Structure, and the Long-Run Level of Output
by Ha Nguyen
- 2026/114 The EU’s Recovery and Resilience Facility: Experience and Lessons for the Next Multiannual Financial Framework
by Matthias Busse & Francesca Caselli & Alexandra Fotiou
- 2026/113 The Sovereign-Bank Nexus in Emerging Markets and Developing Economies: Trends, Determinants, and Macrofinancial Implications
by Torsten Wezel & Zulma Barrail & Mr. Salim Dehmej
- 2026/112 Drivers of Germany’s Growth Downturn
by Harri Kemp
- 2026/111 Political Fragility: The Economic Impact of Coups d’État
by Luc Tucker & Idrissa Aladji Aya
- 2026/110 Peer Pressure: How Relative Debt Drives Emerging Market Sovereign Spreads
by Carmen L Avila-Yiptong & Georges Hatcherian & Mahamoud Islam
- 2026/109 There Will Be Liquidity! But Will There Be Transmission?
by Gregorio Impavido & Shuyu Wang
- 2026/108 Leveraging Non-traditional Data for Macroeconomic Nowcasting: The Case of Morocco
by Dina M Hamed
- 2026/107 Nowcasting Low-Income Countries Through Global Linkages
by Omer Faruk Akbal & Domenico Giannone
- 2026/106 The Growth Effects of Natural Disasters: Evidence From A Novel Global Dataset Over 1970-2023
by Ha Nguyen & Mr. Mehdi Raissi & Mr. Bruno Versailles & Alice Tianbo Zhang
- 2026/105 Class Discipline, Class Size and Scholastic Achievement Across Countries: A Theoretical and Empirical View of Educational Production
by Noam Gruber
- 2026/104 What Explains Timely Repayments to the IMF? The Roles of Policy Reforms and Borrower Fundamentals
by Tsendsuren Batsuuri & Chiara Ferrero & Kalika Likhi & Mr. Andrew J Swiston
- 2026/103 One Global Shock, Many Inflation Paths: Explaining Post-COVID Inflation Divergence
by Patrick A. Imam & Mr. Tigran Poghosyan
- 2026/102 Monetary Policy Transmission in Sub-Saharan Africa: Evidence from Emerging and Frontier Markets
by Johanna Tiedemann & Olivier Bizimana & Kiswendsida Tougouma
- 2026/101 A New Wave of Industrial Policy in Asia-Pacific: Could Resurgence lead to Structural Transformation?
by Paula Arias & Vanya Georgieva & Rahul Giri & Maria González-Miranda & Mr. Ashique Habib & Anne-Charlotte Paret & Tatjana Schulze & Arthur Xie & Weining Xin & Yichen Xu & Dilan Yang
- 2026/100 Robust Inference Via Heteroskedasticity in Linear Models
by Omer Faruk Akbal & Max-Sebastian Dovi
- 2026/099 Nowcasting Country-Level Trade Estimates Using IMF PortWatch
by Mr. Serkan Arslanalp & Oliver Exton & Chang Gao & Mario Saraiva & Ms. Parisa Kamali & Alessandra Sozzi & Jasper Verschuur
- 2026/098 Expanding the Landscape of Cross-Border Flow Restrictions: Modern Tools and Historical Perspectives
by Katharina Bergant & Andres Fernandez & Mr. Ken Teoh & Martin Uribe
- 2026/097 The Central Bank’s Dilemma: Look Through Supply Shocks or Control Inflation Expectations?
by Paul Beaudry & Thomas J Carter & Amartya Lahiri
- 2026/096 When Policy Bites: State-Dependent Monetary Policy Transmission in Emerging Markets
by Lucyna Gornicka & Sumaiyah R Mirza & Vina Nguyen & Mr. Jerome Vandenbussche
- 2026/095 Mind the Gaps: Caribbean Trade Patterns and the Connectivity Constraint
by Mr. JaeBin Ahn & Nalisa Marieatte & Philipp-Leo Mengel & Mr. David Moore & Josefine Quast & Qingyu Tao & Hou Wang
- 2026/094 Systemic Banking Crises Database: 1970-2025
by Mr. Luc Laeven & Mr. Fabian Valencia
- 2026/093 Capital Holdup, Job Creation, and Skill Supply under Search Frictions
by Shisham Adhikari & Mr. Si Guo
- 2026/092 Fiscal Decentralization and Cyclicality in Latin America: Evidence from a New Regional Budget Database
by Davi Bhering Buarque de Gusmao & Hector Perez-Saiz & Joe Ue & Valeria Visser
- 2026/091 The Macro-Fiscal Impacts of Post-Disaster IMF Financing: Evidence from a Synthetic Control Approach
by Pedro Juarros & Junko Mochizuki
- 2026/090 The Role of Budget Support in Growth and Adjustment: Evidence from One Hundred IMF-Supported Programs with Low-income Countries
by Mr. Alexander Zaborovskiy
- 2026/089 Stress Tests of Euro Area Banks with Skewed Normal Credit Risk Distributions
by Mr. Andre O Santos
- 2026/088 Fiscal Policy and Labor Market Outcomes in Europe: Are the Balkans Different?
by Mr. Serhan Cevik & Maja Ivanovic
- 2026/087 Granular Bank Shocks and Financial Intermediation in a Low-Income Economy
by Ahmed-Amine El Azdi & Onur Ozlu & Mr. Felix Fischer
- 2026/086 Public Administration Digitalisation and Microenterprise Productivity in India
by Somnath Sharma & Mr. Kenichi Ueda
- 2026/085 When Forecasts Meet Reality: Assessing Climate Damage Functions
by Johannes Emmerling & Paul Waidelich & Mr. Matthieu Bellon & Emanuele Massetti
- 2026/084 Bank Loans, Trade Credit and Export Prices: Evidence from Exchange Rate Shocks in China
by George Cui & Xiaosheng Guo & Leticia Juarez
- 2026/083 Climate Finance and Adaptation Needs In Pacific Island Countries
by Mr. Fabien Gonguet & Xuehui Han & Choonsung Lim & To-Nhu Dao & Saraf Nawar
- 2026/082 Reduced Profitability of Green Bond Issuance: Evidence from China
by Yilin Cai & Meng Feng & Yueming (Lucy) Qiu & Yi David Wang
- 2026/081 Bank Lending Margins and The Exchange Rate Uncertainty Channel
by Sneha Agrawal
- 2026/080 Growth-Indexed Bonds and Debt Distribution: Too Little, Too Costly?
by Mr. Julien Acalin
- 2026/079 Wagner in the Balkans? A Comparative Analysis of Government Size and Economic Growth
by Mr. Serhan Cevik & Sharayah Dominguez
- 2026/078 Lean and Just? Social Protection Spending and Inequality Outcomes across Europe
by Alex Pienkowski & Valentina Semenova & Ian C. Stuart & Yuntian Lu
- 2026/077 Digital Treasury Reform and Fiscal Efficiency: Evaluating Costa Rica’s SUPRES Platform Adoption
by Maria Chiara Cavalleri & Ivania García-Cascante & Andualem Mengistu & Andualem Mengistu & Gerardo Uña & Mona Wang
- 2026/076 Welfare Analysis of Income-Stabilization Policies in a HANK Model with Unemployment Risk
by Stefano Grancini & Mr. Marcos Poplawski Ribeiro & Danila Smirnov
- 2026/075 Benchmarking Dynamically Stable Public Debt Trajectories for Low-Income Countries
by Mr. Plamen K Iossifov & Ali Abbas & Lennart Niermann
- 2026/074 Making Stablecoins Stable
by Bo Li & Mr. Tommaso Mancini-Griffoli & Mr. Marcello Miccoli & Brandon Joel Tan & Ms. Longmei Zhang
- 2026/073 Macroeconomic Effects of Rare Earths Supply Chain Disruptions
by Mr. Christian Bogmans & Maximiliano Jerez-Osses & Jorge Alberto Miranda Pinto & Jean-Marc Natal
- 2026/072 Industrial Policy and Supply Chain Bottlenecks in Commodity Markets: Evidence from Rare Earth Elements
by Mr. Christian Bogmans & Francis Cuadros-Bloch & Jean-Marc Natal & Andrea Paloschi
- 2026/071 Labor Supply Effects of Monetary Policy: Evidence from Australian Mortgage Holders
by Ms. Mitali Das & Jonathan Hambur & Klaus-Peter Hellwig & John A Spray
- 2026/070 Trade Policy Shocks and Corporate Valuations - Disentangling Trade and Uncertainty Channels
by Robert C. M. Beyer & Mr. Hui Tong & Xinbei Zhou
- 2026/069 Military Spending and Crowding-Out Effects: Evidence from Sub-Saharan Africa
by Mr. Antonio David & Elisee Wendlassida Miningou & Rasmané Ouedraogo & Makoto Tanaka & Alex Vaval Pierre-Charles
- 2026/068 Do Capital Controls Slow Cross-Border Payments in the Last Mile? Preliminary Evidence
by Alisa DiCaprio & Mr. Marcello Miccoli & Philip Montalvao & Andrew Usher & Jeanne Verrier
- 2026/067 Global Imbalances, Industrial Policy and Tariffs
by Pierre-Olivier Gourinchas & Gene Kindberg-Hanlon & Manasa Patnam & Lorenzo Rotunno & Michele Ruta
- 2026/066 Household Behavior under Macroprudential Borrower-Based Measures
by Jaunius Karmelavičius & Ms. Julia Otten
- 2026/065 The Impact of House Prices on Internal Migration: Case of Spain
by Ha Nguyen & Ashwini Arulrajhan & Carlo Pizzinelli & Mr. Ippei Shibata
- 2026/064 Information, Social Media and International Trade Theory and Evidence Using Twenty Million Online Postings
by George Cui & Kailin Gao
- 2026/063 Institutions for Industrial Policy: The Foundation of Economic Development
by Reda Cherif & Fuad Hasanov & Gary Xie
- 2026/062 The Rise of Cyber Events and Digital Fraud in the Financial Sector
by Mr. Tanai Khiaonarong & Shanyuan Zheng
- 2026/061 Network Valuation in Euro Area Syndicated and Interbank Loan Markets
by Mr. Andre O Santos
- 2026/060 Capital Flows to Emerging Markets: Disentangling Quantities from Prices
by Andres Fernandez & Alejandro Vicondoa
- 2026/059 Tax on Inflation Policy at the Zero Lower Bound
by Mr. Damien Capelle & Yang Liu
- 2026/058 The Credibility Premium: Central Bank Independence and Local-Currency Sovereign Yields
by Mr. Adrian Alter & Julia Bersch & Albert Touna Mama & Bright Quaye
- 2026/057 Imperfect Information, Composition of Demand Shocks, and the Flattening of the Phillips Curve
by Tatsushi Okuda & Tomohiro Tsuruga & Francesco Zanetti
- 2026/056 Stablecoin Inflows and Spillovers to FX Markets
by Iñaki Aldasoro & Paula Beltran & Federico Grinberg
- 2026/055 Fiscal Forecast Errors in East Africa: Nature, Drivers, and Policy Implications
by Mr. Youssouf Kiendrebeogo & Mr. Barima K Gyesaw
- 2026/054 Explaining Latin America’s Decreasing Skilled Wage Premium: Supply, Directed Technical Change, and Demand
by Mr. Alberto Behar
- 2026/053 Macroeconomic Impacts of EU Defense Spending
by Davide Furceri & Pedro Juarros & Mr. Saurabh Mishra & Anh D. M. Nguyen & Ana Sofia Pessoa & Alexandre Sollaci
- 2026/052 Stablecoins and the Future of Payments: Evidence from Financial Markets
by Alexander Copestake & Cage Englander & Maria Soledad Martinez Peria & Mr. Germán Villegas-Bauer
- 2026/051 Explaining Cross-Country Heterogeneity in Debt Overhang Thresholds
by Ms. Rina Bhattacharya & Mr. Alexei Goumilevski & Carlos E Guevara & Justin Lesniak & Flora Lutz
- 2026/050 Tackling the Cost of Living in the Bahamas: A Trade Diversification Perspective
by Mr. Julien Acalin
- 2026/049 Nowcasting Growth Using the Bayesian Structural Time Series Model: Application to Tanzania
by Ms. Sunwoo Lee
- 2026/048 Nowcasting World Trade with a Multi-Region Factor Model
by Chris Jackson & Daniel Rivera Greenwood
- 2026/047 Shaping Innovation: Can Industrial Policies Boost Patent Applications?
by Sandra Baquie & Yueling Huang & Ms. Florence Jaumotte & Jaden Kim & Rafael Machado Parente & Samuel Pienknagura
- 2026/046 The EU’s Energy Transition
by Benjamin Carton & Geoffroy Dolphin & Mr. Romain A Duval & Andrew Hodge & Amit Kara & Simon Voigts & Sebastian Wende
- 2026/045 Eroding Participation in Labor Force Surveys: Evidence, Drivers and Solutions
by Eurydice Fotopoulou & Lamya Kejji & Mr. Vladimir Klyuev & Mpumelelo Nxumalo
- 2026/044 Stablecoin Shocks
by Mr. Eugenio M Cerutti & Melih Firat & Martina Hengge & Takaaki Sagawa
- 2026/043 AI Meets Fiscal Policy: Mapping Government Spending Actions Across 64 Countries
by Shuvam Das & Davide Furceri & Nikhil Patel & Mr. Adrian Peralta-Alva
- 2026/042 Sovereign Debt Sustainability and Redistribution
by Monica Tran-Xuan
- 2026/041 Towards Achieving Sustained Economic Growth in Small Developing States: A Primer on Belize
by Ziad W Amer & Jiajia Gu & Metodij Hadzi-Vaskov & Bunyada (Mos) Laoprapassorn & Shane R Lowe
- 2026/040 The Macroeconomic Consequences of Undermining Central Bank Independence: Evidence from Governor Transitions
by Marijn A. Bolhuis & Rui Mano & Hedda Thorell
- 2026/039 The Long-term Effects of Crime: From Individual Concerns to Macroeconomic Consequences
by Ursula Berresheim & Rafael Machado Parente & Samuel Pienknagura
- 2026/038 The Catalytic Impact of Resilience and Sustainability Arrangements
by Yoro Diallo & Patricia L Escalante & Ms. Linda Kaltani & Mr. Tümer Kapan & Friederike Langowski & Dan Nyberg
- 2026/037 Tilting the Balance Towards Equity: Capital Controls and the Structure of External Liabilities
by Tobias Krahnke & Wenjie Li
- 2026/036 A Novel Quarterly Macroeconomic Forecasting Framework: Illustration on the Case of Bosnia and Herzegovina
by Tibor Hlédik & Rilind Kabashi & Maria Arakelyan & Belma Colakovic & Elma Hasanović
- 2026/035 How Effectively Can Current LLMs Analyze Macrofinancial Issues?
by Paola Ganum & Tohid Atashbar
- 2026/034 Cadasters, Asset Tangibility, and Growth
by Can Sever
- 2026/033 Risk Propagation in the European Banking System: Amplification Effect from NBFIs and Market Risks
by Ms. Laura Valderrama & Mr. Richard Varghese
- 2026/032 Nowcasting GDP Growth for Kenya
by Nikolay Danov & Domenico Giannone & Alain N. Kabundi & Cedric I Okou & Mr. Antonio Spilimbergo
- 2026/031 Who Pays When Tax Administration Improves? Revenue, Compliance, and Behavioral Responses to Georgia’s Large Taxpayer Office
by Jean-Marc Atsebi & Mikheil Chikviladze & Ms. Mitali Das & Elguja Loliashvili & Mona Wang
- 2026/030 Optimal Exchange Rate Policy with Oil Shocks
by Emrehan Aktuğ & Abolfazl Rezghi
- 2026/029 Intermediation, Interrupted? Bank-Level Analysis of Interest Spreads in Montenegro
by Mr. Serhan Cevik & Amit Kara
- 2026/028 Sowing Seeds of Mobility: The Uneven Impact of Land Reform
by Ting Chen & Jiajia Gu & L. Rachel Ngai & Jin Wang
- 2026/027 Population Aging and Pension Reforms in China
by Boele Bonthuis & Yongquan Cao & Christoph Freudenberg
- 2026/026 From Ports to Prices: The Inflationary Effects of Global Supply Chain Disruptions
by Yang Jiao & Ting Lan & Yang Liu & Xinrui Zhao
- 2026/025 Algeria Macroeconomic Projection Model (AMPM)
by Mustapha Abderrahim & Riad Mansouri & Fatma Zohra Ouail & Sara Abadi & Kenza Elkrim & Mohamed-Fariz Zidane & Mr. Philippe D Karam & Mr. Gyorgy Molnar & Karel Musil & Valeriu Nalban
- 2026/024 Understanding and Forecasting Inflation in Timor-Leste
by Kohei Asao & Raju Huidrom
- 2026/023 Banking on Nonbanks
by Bruno Albuquerque & Mr. Eugenio M Cerutti & Melih Firat & Benedikt Kagerer
- 2026/022 Distributional Impacts of Inflation Accounting for Behavioral Effects and Real Assets
by Kardelen Cicek & Julieth C Pico-Mejia & Mr. Marcos Poplawski Ribeiro & Alberto Tumino
- 2026/021 Beyond Binary: A Policy-Intensity Measure of Capital Flow Management
by Wenjie Li
- 2026/020 Nowcasting Economic Growth with Machine Learning and Satellite Data
by Eurydice Fotopoulou & Iyke Maduako & M. Belen Sbrancia & Prachi Srivastava
- 2026/019 Taste-based Investing, Government Policies and Competition in Financial Intermediation
by Mr. Damien Capelle
- 2026/018 Still Packing a Punch: Monetary Policy Transmission in a New Cross-Country High-Frequency Dataset
by Ece Ozge Emeksiz & Mr. Güneş Kamber & Ms. Julia Otten & Gurnain Kaur Pasricha
- 2026/017 U.S. Trade Policy Uncertainty and the Current Account: Unpacking Trade and Financial Channels
by Adam Jakubik & Yuting Wei
- 2026/016 Motivating Capital Controls: Evidence from New Measures of Capital Flow Restrictions
by Chikako Baba & Ricardo Cervantes & Mr. Salim M. Darbar & Annamaria Kokenyne & Viktoriya Zotova
- 2026/015 The Welfare Implications of Job Retention Schemes
by Mr. John C Bluedorn & Dr. Jorge Mondragon & Mr. Ippei Shibata & Ms. Marina Mendes Tavares
- 2026/014 Structural Reforms in Saudi Arabia Since 2016
by David Koll & Andrea Medici & Ms. Marina Mendes Tavares & Mr. Masashi Saito
- 2026/013 Understanding China’s 2024–25 Frontloading from the Lens of Product-Level Export Baskets
by Jason Lu & Dimitre Milkov
- 2026/012 The Fiscal Multipliers Narrative of Sub-Saharan Africa
by Hany Abdel-Latif & Khalil Bechchani & Mr. Antonio David & Thibault Lemaire
- 2026/011 A Narrative Fiscal Consolidation Dataset for Sub-Saharan Africa
by Hany Abdel-Latif & Khalil Bechchani & Mr. Antonio David & Thibault Lemaire
- 2026/010 Market Access and High Spread Issuances
by Mr. Raphael A Espinoza & Metodij Hadzi-Vaskov & Luis Carlos Ibanez-Thomae & Flora Lutz
- 2026/009 Who Captures Export Windfalls? Exchange Rates, Export Profitability, and National Saving under Dominant-Currency Pricing
by Mr. Bas B. Bakker
- 2026/008 Financial Inclusion, Credit Booms, and Financial Stability Risk
by Mr. Adolfo Barajas & Kensuke Sakamoto & Rasool Zandvakil
- 2026/007 Fintech Competition and Banks’ Shrinking Margins in Brazil
by Rui Xu
- 2026/006 Services Inflation and the Exchange Rate in Türkiye
by Tara Iyer & Agustin Roitman & Mr. James P Walsh
- 2026/005 From Par to Pressure: Liquidity, Redemptions, and Fire Sales with a Systemic Stablecoin
by Mr. Marco Gross & Richard Senner
- 2026/004 The Nuanced Role of Government Credit in Monetary Policy Transmission
by Sophia Chen & Ms. Deniz O Igan & Ms. Leila Aghabarari & Bernardus Van Doornik
- 2026/003 A Silver Lining? The European Energy Crisis through the Lens of Directed Technical Change
by Ting Lan & Manasa Patnam & Mr. Frederik G Toscani & Claire Li
- 2026/002 The Integration of Global Value Chain in the EU: Stylized Facts and Drivers
by Younghun Shim & Iglika Vassileva & Mengxue Wang
- 2026/001 The Economic Implications of the Energy Transition in Asia-Pacific
by John A Spray & Sneha D Thube & Alice Tianbo Zhang
2025