Fiscal policy papers

Selected references on fiscal issues Julio Escolano: A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates The IMF Staff Report on Fiscal Policy and Long-Term Growth: "Fiscal policy is an effective tool for supporting growth. While it is difficult to disentangle the impact…

Narratives of the Greek crisis

Before the vote Official International Monetary Fund FAQs German Ministry of Finance FAQs A Preliminary Draft Debt Sustainability Analysis, IMF, June 26, 2015 Prime Minister Tsipras’ Address on Referendum, Full text Comments and summaries Anil Kashyap, A Primer on the Greek Crisis: the things you need to know from the…

Inequality reading list

Important papers Branko Milanovic: Global Income Inequality by the Numbers: in History and Now, Policy Research Working Paper 6259 Working for the few, Ricardo Fuentes-Nieva and Nicholas Galasso, Oxfam Briefing Paper 178 Measure to Measure, Finance & Development, September 2014, Vol. 51, No. 3 The Shrinking Middle, Finance & Development,…

Nine perspectives on quantitative easing

Global Impact and Challenges of Unconventional Monetary Policies; IMF Policy Paper The paper definies unconventional monetary policies (UMP) of two types: policies to restore market functioning and intermediation policies to provide support to economic activity at the zero lower bound. The paper concludes: UMP was especially successful in restoring market…