TABLE OF CONTENTS

Volume 54, Issue 3 (July 2007)

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Original Articles

The Political Economy of Nominal Macroeconomic Pathologies FREE

Shanker Satyanath, and Arvind Subramanian

IMF Staff pap 54: 419-453; doi:10.1057/palgrave.imfsp.9450019

Deficit Limits and Fiscal Rules for Dummies

Paolo Manasse

IMF Staff pap 54: 455-473; doi:10.1057/palgrave.imfsp.9450015

Work Absence in Europe

Lusine Lusinyan, and Leo Bonato

IMF Staff pap 54: 475-538; doi:10.1057/palgrave.imfsp.9450016

Is Housing Wealth an "ATM"? The Relationship Between Household Wealth, Home Equity Withdrawal, and Saving Rates

Vladimir Klyuev, and Paul Mills

IMF Staff pap 54: 539-561; doi:10.1057/palgrave.imfsp.9450018

Spending Seigniorage: Do Central Banks Have a Governance Problem?

Alain Ize

IMF Staff pap 54: 563-589; doi:10.1057/palgrave.imfsp.9450017

The Employment Effects of Labor and Product Market Deregulation and Their Implications for Structural Reform

Helge Berger, and Stephan Danninger

IMF Staff pap 54: 591-619; doi:10.1057/palgrave.imfsp.9450014