IMF Working Papers

IMF Research Bulletin
IMF Working Papers
Working Paper 15/105
How Large Are Global Energy Subsidies?
David Coady, Ian W.H. Parry, Louis Sears, and Baoping Shang
Working Paper 15/106
Issuance of Central Bank Securities: International
Experiences and Guidelines
Simon Gray and Runchana Pongsaparn
Working Paper 15/107
Islamic Finance, Consumer Protection, and Financial Stability
Inutu Lukonga
Working Paper 15/108
Saving in Latin America and the Caribbean: Performance and
Francesco Grigoli, Alexander Herman, and Klaus Schmidt-
Working Paper 15/109
Correcting “Beyond the Cycle:” Accounting for Asset Prices
in Structural Fiscal Balances
Estelle X. Liu, Todd Mattina, and Tigran Poghosyan
Working Paper 15/110
Assessing Fiscal Risks in Bangladesh
Leandro Medina
Wo rk ing P aper 15/111
A Network Analysis of Sectoral Accounts: Identifying Sectoral
Interlinkages in G-4 Economies
Luiza Antoun de Almeida
Working Paper 15/112
It’s Not All Fiscal: Eects of Income, Fiscal Policy, and Wealth
on Private Consumption
Laura Jaramillo and Alexandre Chailloux
Working Paper 15/113
China’s Growth: Can Goldil ocks Outgrow Bears?
Wojciech Maliszewski and Longmei Zhang
Working Paper 15/114
(Not) Dancing Together : Monetary Policy Stance and the
Government Spending Multiplier
Vincent Belinga and Constant Lonkeng Ngouana
Wor ki ng P aper 15 /115
New Energy Sources for Jordan: Macroeconomic Impact and
Policy Considerations
Andrea Gamba
Working Paper 15/116
U.S. Total Factor Productivity Slowdown: Evidence from the
U.S. States
Roberto Cardarelli and Lusine Lusinyan
Working Paper 15/117
Sub-National Government’s Risk Premia: Does Fiscal
Performance Matter?
Sergio Sola and Geremia Palomba
Working Paper 15/118
Base Erosion, Prot Shiing and Developing Countries
Ernesto Crivelli, Ruud A. de Mooij, and Michael Keen
Working Paper 15/119
Make in India: Which Exports Can Drive the Next Wave of
Rahul Anand, Kalpana Kochhar, and Saurabh Mishra
Working Paper 15/120
An Overview of Islamic Finance
Mumtaz Hussain, Asghar Shahmoradi, and Rima Turk
Working Paper 15/121
Crime and the Economy in Mexican States: Heterogeneous
Panel Estimates (19932012)
Concepción Verdugo Yepes, Peter L. Pedroni, and Xingwei Hu
Working Paper 15/122
Poverty, Growth, and Inequality in Sub-Saharan Africa: Did
the Walk Match the Talk under the PRSP Approach?
Daouda Sembene
Working Paper 15/123
Experiences with Macroprudential Policy—Five Case Studies
Salim M. Darbar and Xiaoyong Wu
Working Paper 15/124
Strengthening Fiscal Frameworks and Improving the
Spending Mix in Small States
Ezequiel Cabezon, Patrizia Tumbarello, and Yiqun Wu
Working Paper 15/125
Enhancing Macroeconomic Resilience to Natural Disasters
and Climate Change in the Small States of the Pacic
Ezequiel Cabezon, Leni Hunter, Patrizia Tumbarello, Kazuaki
Washimi, and Yiqun Wu

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