Staff Discussion Notes

• Pages: 15-15

March 2013

15

Staff Discussion Notes

Sta Discussion Notes showcase ne w policy-related

analysis and resea rch by IMF departments. ese papers

are generally brief and w ritten in nontechnical langua ge,

and are aimed at a broad audience interested i n economic

policy issues. For more information on t his series and to

download the papers in t his series, please visit: www.imf.

org/external/pubs/cat/createx/Publications.aspx?page=sdn

No. 12/12

Shadow Banking: Economics and Policy

Stijn Claessens, Zoltan Pozsar, Lev Ratnovski, and

Manmohan Singh

No. 12/13

Economic Diversication in LICs: Stylized Facts and

Macroeconomic Implications

Chris Papageorgiou and Nikola Spatafora

No. 13/01

A Banking Union for the Euro Area

Rishi Goyal, Petya Koeva Brooks, Mahmood Pradhan, ierry Tressel, Giovanni Dell’Ariccia, Ross

Leckow, Ceyla Pazarbasioglu, and an IMF Sta Team

Free Access to IMF Economic Review in April!

Palgrave Macmil lan is oering free online access to

all its journa ls, including IMF Economic Review, for the

month of April. If you have not had a chance to explore

the journal we hope you wil l take advantage of this

opportunity. We also encourage you to spread the word

to your colleagues.

IMF Economic Re view presents policy-releva nt and

innovative ac ademic research on globa l macroeconom-

ics, with ar ticles by prominent authors in the eld such

as Viral V. Acharya, Olivier Bla nchard, Patrick Bolton,

Anil K. Kashyap, a nd Hyun Song Shin. e journal

received its rst Impact Factor, 2.10 0, with the relea se

of the latest omson Reuters Journal Citation Repor ts

(JCR), and was ranked 37/ 320 in the Economic s category

and 9/86 i n the Business and Finance category.

For ongoing access, recommend IMF Economic Review to your l ibrarian or information

manager, or learn more about subscribing by visiti ng: www.palgrave-journals.com/imfer/

IMF Economic Review

IMF Research Bulletin

M. Ayhan Kose

Editor

Prakas h Loungani

Co-Editor

Patricia Loo

Assistant Editor

Tracey Lookadoo

Editorial Assistant

Feras Abu Amra

Systems Consultant

Multimedia Ser vices

Composition

The IMF Resea rch Bulletin

(ISSN: 1020-8313) is a quar-

terly publication in E nglish

and is available f reeof

charge. The views expressed

in the Bullet in are those of

the author(s) and do not

necessarily represent those

of the IMF or IMF pol icy.

Material from t he Bulletin

may bereprinted wit h

proper attribut ion. Editorial

correspondence m ay be

addressed to The Ed itor,

IMF Research Bulletin,

IMF, Room HQ1-9-612,

Washington, DC 20431

USA; or e-mailed to

resbulletin@imf.org.

For Electronic Notif ication

Sign up at

www.imf.org/external/cntpst

to receive notification of new

issues of the IMF Research

Bulletin and a variety of other

IMF publications. Individual

issues of the Bulletin a re

available at www.imf.org/

researchbulletin.