This paper proposes a “quasi-agnostic” sign restriction procedure to identify structural shocks in frequentist structural vector autoregression (SVAR) models. It argues that low acceptance rates, ...

This paper assesses the stance of monetary policy in eleven Sub-Saharan African (SSA) emerging and frontier market economies. We estimate neutral real interest rates using a range of methodologies, ...

This paper investigates the nexus between persistent house price increases and productivity growth in Canada, focusing on the collateral channel. We first present a stylized model explaining the ...

This paper documents five empirical facts about the role of strategic complementarities in firms’ price-setting behavior, using administrative data from Chilean firms. (1) Strategic complementarities ...

The Canadian economy has navigated the pandemic well and achieved a soft landing but rising trade tensions pose significant challenges. Amid sharp monetary tightening to control high levels of ...

2025 Selected Issues ...

This User Manual discusses the operational aspects of the Macroframework Foundations Tool (MFT), a multi-sector macroeconomic framework for forecasting and policy analysis developed by the IMF ...

This IMF report summarizes the technical assistance for Ukraine's customs reforms under the National Revenue Strategy. Key advice includes stakeholder engagement, effective performance indicators, and ...