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other parts of the world where taxation policies are less stringent on average, consistent with tax arbitrage strategies. We …
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Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
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A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes … macroprudential tools, and surveys the effectiveness of existing macroprudential regulation. … FinancialCrises -- 7 Measuring Systemic Risk -- 8 Systemic Risk and Microprudential Regulation -- 9 Systemic Risk and Macroprudential …
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"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have...
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