Natalia T. Tamirisa
Natalia Tamirisa is Assistant to the Director of the Research Department at the International Monetary Fund, where she works on issues related to the assessment of systemic risks for the global economy and financial system and early warning exercises. During her career at the IMF, she has worked on a broad range of topics in international economic policy and a diverse set of countries. Her research interests include the economics of international capital flows and financial crises. She holds a Ph.D. in economics from the University of Hawaii and M.S. in aerospace economics and management from the Moscow Aviation Institute.
Email: ntamirisa@imf.org
Fluent In: Russian.
Publications in Refereed Journals:
Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe (with Deniz Igan), Contemporary Economic Studies, Vol. 50, No. 4, pp. 599-619, December 2008.
The Macroeconomic Benefits and Costs of Adopting the Euro (with Philipp Karam, Douglas Laxton, and David Rose), IMF Staff Papers, Vol. 55, No. 2, pp. 339-355, December 2008.
The Missing Globalization Puzzle: Evidence of Declining Importance of Distance (with David Coe and Arvind Subramanian), IMF Staff Papers, Vol. 54, No. 7, pp. 34-58, June 2007.
The Impact of Announcements on Emerging Market Bonds (with Jochen Andritzky and Geoffrey Bannister), Emerging Markets Review, Vol. 8, No. 1, pp. 20-37, March 2007.
Do the Macroeconomic Effects of Capital Controls Vary by Their Type? Evidence from Malaysia, ASEAN Economic Bulletin, Vo. 23, No. 2, pp. 137-159, August 2006.
Book Review: "Globalization and the Asia Pacific Economy," Kyung Tae Lee (ed.), ASEAN Economic Bulletin, Vol. 20, No. 1, p. 95, April 2003.
Trade in Financial Services and Capital Movements, Journal of Financial Services and Research, Vol. 24, No. 1, pp. 47-66, 2003.
Is Africa Integrated in the Global Economy? (with Arvind Subramanian), IMF Staff Papers, Vol. 50, No. 3, pp. 352-372, 2003.
Trade Policy in Financial Services (with Piritta Sorsa and others), International Economic Policy Review, Vol. 2, p. 119, 2000.
Exchange and Capital Controls as Barriers to Trade, IMF Staff Papers, Vol. 46, No. 1, p. 69.
Trade Liberalization and Industry Protection in Russia during 1992-95, Hitotsubashi Journal of Economics, Vol. 38, No. 1, June 1997.
Energy and Tourism in Hawaii (with Matthew Loke and others), Annals of Tourism Research, Vol. 24, No. 2, pp. 390-401, 1997.
Refereed Book Chapters:
Malaysian Capital Controls: Macroeconomics and Institutions (with Simon Johnson, Kalpana Kochhar, and Todd Mitton), in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, Sebastian Edwards (ed.), National Bureau of Economic Research and University of Chicago Press, 2007.
In Search of a Smoking Gun: Macroeconomic Policies and the Crisis (with Charles Collyns and others), Causes of the Crisis and Key Lessons, Proceedings of the G20 Workshop on the Global Economy, 2009.
IMF Books and Working Papers:
Three Cycles: Housing, Credit, and Real Activity, Working Paper No. 09/231, October 01, 2009
How to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis, Working Paper No. 09/204, September 01, 2009
Macroeconomic Fundamentals, Price Discovery and Volatility Dynamics in Emerging Markets, Working Paper No. 09/147, July 01, 2009
Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe, Working Paper No. 08/219, September 01, 2008
Common Volatility Trends in the Central and Eastern European Currencies and the Euro, Working Paper No. 06/206, September 01, 2006
Macroeconomic Effects and Policy Challenges of Population Aging, Working Paper No. 06/95, April 01, 2006
Malaysian Capital Controls: Macroeconomics and Institutions, Working Paper No. 06/51, February 01, 2006
The Impact of Macroeconomic Announcements on Emerging Market Bonds, Working Paper No. 05/83, April 01, 2005
A New Look at Exchange Rate Volatility and Trade Flows, Occasional Paper No. 235, September 30, 2004
Do Macroeconomic Effects of Capital Controls Vary by Their Type? Evidence from Malaysia, Working Paper No. 04/3, January 01, 2004
International Trade in Services: Implications for the Fund, Policy Discussion Paper No. 03/6, December 01, 2003
The Missing Globalization Puzzle, Working Paper No. 02/171, October 01, 2002
Malaysia: From Crisis to Recovery, Occasional Paper No. 207, August 27, 2001
Africa's Trade Revisted, Working Paper No. 01/33, January 01, 2001
Trade Policy in Financial Services, Working Paper No. 00/31, February 01, 2000
Trade in Financial Services and Capital Movements, Working Paper No. 99/89, July 01, 1999
Why Do Countries Use Capital Controls?, Working Paper No. 98/181, December 01, 1998
Exchange and Capital Controls as Barriers to Trade, Working Paper No. 98/81, June 01, 1998
Other IMF Publications
Climate Change and the Economy, Finance and Development, March 2008.
Natalia Tamirisa is Assistant to the Director of the Research Department at the International Monetary Fund, where she works on issues related to the assessment of systemic risks for the global economy and financial system and early warning exercises. During her career at the IMF, she has worked on a broad range of topics in international economic policy and a diverse set of countries. Her research interests include the economics of international capital flows and financial crises. She holds a Ph.D. in economics from the University of Hawaii and M.S. in aerospace economics and management from the Moscow Aviation Institute.
Email: ntamirisa@imf.org
Fluent In: Russian.
Publications in Refereed Journals:
Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe (with Deniz Igan), Contemporary Economic Studies, Vol. 50, No. 4, pp. 599-619, December 2008.
The Macroeconomic Benefits and Costs of Adopting the Euro (with Philipp Karam, Douglas Laxton, and David Rose), IMF Staff Papers, Vol. 55, No. 2, pp. 339-355, December 2008.
The Missing Globalization Puzzle: Evidence of Declining Importance of Distance (with David Coe and Arvind Subramanian), IMF Staff Papers, Vol. 54, No. 7, pp. 34-58, June 2007.
The Impact of Announcements on Emerging Market Bonds (with Jochen Andritzky and Geoffrey Bannister), Emerging Markets Review, Vol. 8, No. 1, pp. 20-37, March 2007.
Do the Macroeconomic Effects of Capital Controls Vary by Their Type? Evidence from Malaysia, ASEAN Economic Bulletin, Vo. 23, No. 2, pp. 137-159, August 2006.
Book Review: "Globalization and the Asia Pacific Economy," Kyung Tae Lee (ed.), ASEAN Economic Bulletin, Vol. 20, No. 1, p. 95, April 2003.
Trade in Financial Services and Capital Movements, Journal of Financial Services and Research, Vol. 24, No. 1, pp. 47-66, 2003.
Is Africa Integrated in the Global Economy? (with Arvind Subramanian), IMF Staff Papers, Vol. 50, No. 3, pp. 352-372, 2003.
Trade Policy in Financial Services (with Piritta Sorsa and others), International Economic Policy Review, Vol. 2, p. 119, 2000.
Exchange and Capital Controls as Barriers to Trade, IMF Staff Papers, Vol. 46, No. 1, p. 69.
Trade Liberalization and Industry Protection in Russia during 1992-95, Hitotsubashi Journal of Economics, Vol. 38, No. 1, June 1997.
Energy and Tourism in Hawaii (with Matthew Loke and others), Annals of Tourism Research, Vol. 24, No. 2, pp. 390-401, 1997.
Refereed Book Chapters:
Malaysian Capital Controls: Macroeconomics and Institutions (with Simon Johnson, Kalpana Kochhar, and Todd Mitton), in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, Sebastian Edwards (ed.), National Bureau of Economic Research and University of Chicago Press, 2007.
In Search of a Smoking Gun: Macroeconomic Policies and the Crisis (with Charles Collyns and others), Causes of the Crisis and Key Lessons, Proceedings of the G20 Workshop on the Global Economy, 2009.
IMF Books and Working Papers:
Three Cycles: Housing, Credit, and Real Activity, Working Paper No. 09/231, October 01, 2009
How to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis, Working Paper No. 09/204, September 01, 2009
Macroeconomic Fundamentals, Price Discovery and Volatility Dynamics in Emerging Markets, Working Paper No. 09/147, July 01, 2009
Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe, Working Paper No. 08/219, September 01, 2008
Common Volatility Trends in the Central and Eastern European Currencies and the Euro, Working Paper No. 06/206, September 01, 2006
Macroeconomic Effects and Policy Challenges of Population Aging, Working Paper No. 06/95, April 01, 2006
Malaysian Capital Controls: Macroeconomics and Institutions, Working Paper No. 06/51, February 01, 2006
The Impact of Macroeconomic Announcements on Emerging Market Bonds, Working Paper No. 05/83, April 01, 2005
A New Look at Exchange Rate Volatility and Trade Flows, Occasional Paper No. 235, September 30, 2004
Do Macroeconomic Effects of Capital Controls Vary by Their Type? Evidence from Malaysia, Working Paper No. 04/3, January 01, 2004
International Trade in Services: Implications for the Fund, Policy Discussion Paper No. 03/6, December 01, 2003
The Missing Globalization Puzzle, Working Paper No. 02/171, October 01, 2002
Malaysia: From Crisis to Recovery, Occasional Paper No. 207, August 27, 2001
Africa's Trade Revisted, Working Paper No. 01/33, January 01, 2001
Trade Policy in Financial Services, Working Paper No. 00/31, February 01, 2000
Trade in Financial Services and Capital Movements, Working Paper No. 99/89, July 01, 1999
Why Do Countries Use Capital Controls?, Working Paper No. 98/181, December 01, 1998
Exchange and Capital Controls as Barriers to Trade, Working Paper No. 98/81, June 01, 1998
Other IMF Publications
Climate Change and the Economy, Finance and Development, March 2008.