IMF Publications by Author
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Michael Kumhof:
2012
Title: Income Inequality and Current Account Imbalances
Series: Working Paper No. 2012/008
Date: January 1, 2012
Subject: Balance of payments Consumption Current account Current account balance Income inequality National accounts Personal income
2011
Title: Risky Bank Lending and Optimal Capital Adequacy Regulation
Series: Working Paper No. 2011/130
Date: June 1, 2011
Subject: Bank credit Banking Capital adequacy requirements Central bank policy rate Financial institutions Financial regulation and supervision Financial services Loans Mutual funds Stocks
2010
Title: Inequality, Leverage and Crises
Series: Working Paper No. 2010/268
Date: November 1, 2010
Subject: Consumption Financial crises Income Income inequality Wages
Title: To Starve or Not to Starve the Beast?
Series: Working Paper No. 2010/199
Date: September 1, 2010
Subject: Consumption Discount rates Expenditure Financial services Government consumption National accounts Real interest rates
Title: Budget Consolidation: Short-Term Pain and Long-Term Gain
Series: Working Paper No. 2010/163
Date: July 1, 2010
Subject: Consumption Consumption taxes Fiscal consolidation Public debt Real interest rates
Title: Effects of Fiscal Stimulus in Structural Models
Series: Working Paper No. 2010/073
Date: March 1, 2010
Subject: Accommodative monetary policy Fiscal multipliers Fiscal stimulus Public investment spending Real interest rates
Title: The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure
Series: Working Paper No. 2010/034
Date: February 1, 2010
Subject: Consumption Fiscal stimulus Imports Labor Technology
2009
Title: Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints
Series: Working Paper No. 2009/286
Date: December 1, 2009
Subject: Consumption Fiscal policy Fiscal rules Labor supply Revenue administration
Title: Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits
Series: Working Paper No. 2009/255
Date: November 1, 2009
Subject: Accommodative monetary policy Consumption Fiscal policy Fiscal stimulus Real interest rates
Title: Fiscal Deficits and Current Account Deficits
Series: Working Paper No. 2009/237
Date: October 1, 2009
Subject: Current account Current account deficits Government debt management Public debt Real interest rates