02247cas a2200325 a 4500 AALejournalIMF021648 230101c9999 xx r poo 0 0eng d 18.00 USD 9781513573670 1018-5941 BD-DhAAL BD-DhAAL Barkema, Jelle. License to Spill : How Do We Discuss Spillovers in Article IV Staff Reports / Jelle Barkema, Borislava Mircheva, Mico Mrkaic, Yuanchen Yang. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper dives into the Fund's historical coverage of cross-border spillovers in its surveillance. We use a state-of-the-art deep learning model to analyze the discussion of spillovers in all IMF Article IV staff reports between 2010 and 2019. We find that overall, while the discussion of spillovers decreased over time, it was pronounced in the staff reports of some systemically important economies and during periods of global spillover events. Spillover discussions were more prominent in staff reports covering advanced and emerging market economies, possibly reflecting their role as sources of global spillovers. The coverage of spillovers was higher in the context of the real, financial, and external sectors. Also, countries with larger economies, higher trade and capital account openess and lower inflation are more likely to discuss spillovers in their Article IV staff reports. Mode of access: Internet Externalities imf Foreign Exchange imf Informal Economy imf Underground Econom imf Mircheva, Borislava. Mrkaic, Mico. Yang, Yuanchen. IMF Working Papers; Working Paper ; No. 2021/134 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/134/001.2021.issue-134-en.xml IMF e-Library