Florence Jaumotte

Last Updated: June 03, 2019

Florence Jaumotte is a Deputy Division Chief in the Multilateral Surveillance Division of the Research Department. Her research interests include: open-economy macroeconomics, economic growth, inequality, and labor market institutions. She holds a Master in Economics from the University of Namur in Belgium and a Ph.D. in Economics from Harvard University.

Email: FJAUMOTTE@imf.org

Fluent In: French, Spanish.

Education:

Ph.D. in Economics, Harvard University, 2000

License et maitrise en sciences economiques et sociales, Universite de Namur, 1994


Previous Experience:

Senior Economist, Research Department, Multilateral Surveillance Division, IMF, 2011-2017

Senior Economist, European Department, Euro 2 Division and Euro Area and EU Policies Division, IMF, 2008-2011

Senior Economist/Economist, Research Department, World Economic Studies Division, IMF, 2005-2008

Economist, Economics Directorate, Country Studies Branch, OECD, 2005

Economist, Economics Directorate, Structural Policies Analysis, OECD, 2002-2005

Economist Program, Fiscal Affairs Department, IMF, 2001-2002

Economist Program, Middle Eastern Department, IMF, 2000-2001

Researcher, Institut de Recherches Economiques et Sociales, Universite Catholique de Lounvain-la-Neuve, Belgique, 1994-1995


Current Position:

Deputy Division Chief, Research Department, Multilateral Surveillance Division, IMF, 2017-present

IMF Books and Working Papers:

Are Bilateral Trade Balances Irrelevant? , Working Paper No. 20/210 , September 25, 2020

International Knowledge Spillovers , Working Paper No. 18/269 , December 10, 2018

Impact of Migration on Income Levels in Advanced Economies , Spillover Notes 8 , October 24, 2016

Spillovers from Dollar Appreciation , Policy Discussion Paper No. 15/2 , July 23, 2015

Inequality and Labor Market Institutions , Staff Discussion Note No. 15/14 , July 17, 2015

Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession , Staff Discussion Notes No. 13/2 , March 29, 2013

Determinants of Inflation in the Euro Area : The Role of Labor and Product Market Institutions , Working Paper No. 12/37 , January 01, 2012

The Spanish Labor Market in a Cross-Country Perspective , Working Paper No. 11/11 , January 01, 2011

Current Account Imbalances in the Southern Euro Area , Working Paper No. 10/139 , June 01, 2010

Rising Income Inequality: Technology, or Trade and Financial Globalization? , Working Paper No. 08/185 , July 01, 2008

How has the Globalization of Labor Affected the Labor Income Share in Advanced Countries? , Working Paper No. 07/298 , December 01, 2007

Asia Rising: A Sectoral Perspective , Working Paper No. 07/130 , June 01, 2007

Foreign Direct Investment and Regional Trade Agreements: The Market Size Effect Revisited , Working Paper No. 04/206 , November 01, 2004

The Role of Inter- and Intraindustry Trade in Technology Diffusion , Working Paper No. 99/58 , April 01, 1999

IMF Survey Articles

Jaumotte, F. (2012), “Is Labor Compensation Still Falling in Advanced Economies?,” in IMF Survey Magazine, May 24, 2012.

Jaumotte, F. and S. Lall (2007), “Technology Widening Rich-Poor Gap”, in IMF Survey Magazine, Volume 36, Number 13, November 2007.

Jaumotte, F. and I. Tytell (2007), “Labor globalization: bane or boon?”, in IMF Survey, Volume 36, Number 6, April 2007.

iMFdirect Blog Posts

Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Economic Forces, Not Tariffs, Drive Changes in Trade Balances”

Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Globalization Helps Spread Knowledge and Technology Across Borders”

F&D articles

Eugster, J., G. Ho, F. Jaumotte, and R. Piazza (2018), “How Knowledge Spreads”, in IMF Finance & Development, Vol.55 No.3, September 2018.

Jaumotte, F., K. Koloskova, and S. Saxena (2016), “A Spoonful of Sugar,” in IMF Finance & Development, Vol.53 No.4, December 2016.

Jaumotte, F. and C. Osorio Buitron (2015), “Power from the People,” in IMF Finance & Development, Vol.52 No.1 pp.29-31, March 2015

Jaumotte, F. (2011), “Fixing the Flaws in EMU”, in IMF Finance and Development, December 2011, Volume 48, No.4.

Jaumotte, F. and I. Tytell (2007), “Globalization of Labor”, in IMF Finance and Development (Picture This), Volume 44, Number 2, June 2007.

Other Published Materials

Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Drivers of Bilateral Trade and Spillovers from Tariffs”, in IMF World Economic Outlook, April 2019, chapter 4.

Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Is Productivity Growth Shared in a Globalized Economy?”, in IMF World Economic Outlook, April 2018, chapter 4.

Danninger, S. and F. Jaumotte (2008), “Divergence of Current Account Balances across Emerging Economies,” in IMF World Economic Outlook, October 2008.

Tamirisa, N., F. Jaumotte, B. Jones, P. Mills, R. Ramcharan, A. Scott, and J. Strand (2008), “Climate Change and the Global Economy”, in IMF World Economic Outlook, April 2008.

Lall, S., F. Jaumotte, C. Papageorgiou, and P. Topalova (2007), “Globalization and Inequality”, in IMF World Economic Outlook, October 2007.

Jaumotte, F. and I. Tytell (2007), “The Globalization of Labor”, in IMF World Economic Outlook, April 2007.

Jaumotte, F., H. Poirson, N. Spatafora, and K. Vu (2006), “Asia Rising: Patterns of Economic Development and Growth”, in IMF World Economic Outlook, September 2006.

Helbling T., F. Jaumotte and M. Sommer (2006), “How Has Globalization Affected Inflation”, in IMF World Economic Outlook, April 2006.

Publications in Journals (Refereed)

Jaumotte, F. and C. Osorio Buitron (2019), “Inequality: Traditional Drivers and the Role of Union Power”, Oxford Economic Papers, pp.1-34, March 2019.

Blanchard, O. J., F. Jaumotte, and P. Loungani (2014), “Labor Market Policies and IMF Advice in Advanced Economies During the Great Recession,” IZA Journal of Labor Policy, 3(1), 1-23 (also IMF Staff Discussion Note 13/2, March 2013).

Jaumotte, F., S. Lall and C. Papageorgiou (2013), “Rising Income Inequality: Technology, or Trade and Financial Globalization?,” IMF Economic Review, vol. 61(2).

Florence Jaumotte (2003), "Labour Force Participation of Women: Empirical Evidence on The Role of Policy and Other Determinants in OECD Countries," OECD Economic Studies, vol. 2003(2).

Florence Jaumotte (2003), "Les femmes sur le marché du travail : Évidence empirique sur le rôle des politiques économiques et autres déterminants dans les pays de l'OCDE," Revue économique de l'OCDE, vol. 2003(2).

Publications in Books and Conference Volumes

Jaumotte, F. and P. Sodsriwiboon (2011), “Current Account Imbalances in the Southern Euro Area: Causes, Consequences, and Remedies,” in Measuring Italy’s External Competitiveness, by L. Codogno and L. Paganetto (eds), Rubbettino Editore.

Hakura, D. and F. Jaumotte (2001), “The Role of Inter- and Intra-Industry Trade in Technology Diffusion”, in Policies to Promote Competitiveness in Manufacturing in Sub-Saharan Africa, by A. Kwasi Fosu, S.M. Nsouli, and A. Varoudakis (eds).

Other Published Materials

Jaumotte, F., K. Koloskova, and S. Saxena (2016), “Immigration and Economic Prosperity,” Vox, January 12, 2017.

Jaumotte, F. and C. Osorio Buitron (2015), “Union Power and Inequality,” Vox, October 22, 2015.

Blanchard O., F. Jaumotte and P. Loungani (2013), “Unemployment, Labour-Market Flexibility and IMF Advice: Moving Beyond Mantras,” Vox, October 18, 2013.

Jaumotte, F. (2005), “Women and work: Resolving the riddle”, in Women and work: pushing for a change, OECD Observer No. 248, March.

Florence Jaumotte (2006), "Maintaining Switzerland's Top Innovation Capacity," OECD Economics Department Working Papers 487.

Jaumotte, F. and N. Pain (2005), “Innovation in the Business Sector”, OECD Economics Department Working Paper, No. 459.

Jaumotte, F. and N. Pain (2005), “From Innovation Development to Implementation: Evidence from the Community Innovation Survey”, OECD Economics Department Working Paper, No. 458.

Jaumotte, F. and N. Pain (2005), “From Ideas to Development: The Determinants of R&D and Patenting”, OECD Economics Department Working Paper, No. 457.

Jaumotte, F. and N. Pain (2005), “An Overview of Public Policies to Support Innovation”, OECD Economics Department Working Paper, No. 456.

Burniaux, J.-M., R. Duval and F. Jaumotte (2003), “Coping with ageing: a dynamic approach to quantify the impact of alternative policy options on future labour supply in OECD countries”, OECD Economics Department Working Paper No 371.

Florence Jaumotte (2003), "Female Labour Force Participation: Past Trends and Main Determinants in OECD Countries," OECD Economics Department Working Papers 376.

Delbecque, Bernard & Jaumotte, Florence (1998), "A Model of Targeted Exchange Rates," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1998014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

Jaumotte, Florence (1997), "Technology Diffusion and Trade : An Empirical Investigation," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1997021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

Florence Jaumotte is a Deputy Division Chief in the Multilateral Surveillance Division of the Research Department. Her research interests include: open-economy macroeconomics, economic growth, inequality, and labor market institutions. She holds a Master in Economics from the University of Namur in Belgium and a Ph.D. in Economics from Harvard University.

Email: FJAUMOTTE@imf.org

Fluent In: French, Spanish.

Education:

Ph.D. in Economics, Harvard University, 2000

License et maitrise en sciences economiques et sociales, Universite de Namur, 1994


Previous Experience:

Senior Economist, Research Department, Multilateral Surveillance Division, IMF, 2011-2017

Senior Economist, European Department, Euro 2 Division and Euro Area and EU Policies Division, IMF, 2008-2011

Senior Economist/Economist, Research Department, World Economic Studies Division, IMF, 2005-2008

Economist, Economics Directorate, Country Studies Branch, OECD, 2005

Economist, Economics Directorate, Structural Policies Analysis, OECD, 2002-2005

Economist Program, Fiscal Affairs Department, IMF, 2001-2002

Economist Program, Middle Eastern Department, IMF, 2000-2001

Researcher, Institut de Recherches Economiques et Sociales, Universite Catholique de Lounvain-la-Neuve, Belgique, 1994-1995


Current Position:

Deputy Division Chief, Research Department, Multilateral Surveillance Division, IMF, 2017-present

IMF Books and Working Papers:

Are Bilateral Trade Balances Irrelevant? , Working Paper No. 20/210 , September 25, 2020

International Knowledge Spillovers , Working Paper No. 18/269 , December 10, 2018

Impact of Migration on Income Levels in Advanced Economies , Spillover Notes 8 , October 24, 2016

Spillovers from Dollar Appreciation , Policy Discussion Paper No. 15/2 , July 23, 2015

Inequality and Labor Market Institutions , Staff Discussion Note No. 15/14 , July 17, 2015

Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession , Staff Discussion Notes No. 13/2 , March 29, 2013

Determinants of Inflation in the Euro Area : The Role of Labor and Product Market Institutions , Working Paper No. 12/37 , January 01, 2012

The Spanish Labor Market in a Cross-Country Perspective , Working Paper No. 11/11 , January 01, 2011

Current Account Imbalances in the Southern Euro Area , Working Paper No. 10/139 , June 01, 2010

Rising Income Inequality: Technology, or Trade and Financial Globalization? , Working Paper No. 08/185 , July 01, 2008

How has the Globalization of Labor Affected the Labor Income Share in Advanced Countries? , Working Paper No. 07/298 , December 01, 2007

Asia Rising: A Sectoral Perspective , Working Paper No. 07/130 , June 01, 2007

Foreign Direct Investment and Regional Trade Agreements: The Market Size Effect Revisited , Working Paper No. 04/206 , November 01, 2004

The Role of Inter- and Intraindustry Trade in Technology Diffusion , Working Paper No. 99/58 , April 01, 1999

IMF Survey Articles

Jaumotte, F. (2012), “Is Labor Compensation Still Falling in Advanced Economies?,” in IMF Survey Magazine, May 24, 2012.

Jaumotte, F. and S. Lall (2007), “Technology Widening Rich-Poor Gap”, in IMF Survey Magazine, Volume 36, Number 13, November 2007.

Jaumotte, F. and I. Tytell (2007), “Labor globalization: bane or boon?”, in IMF Survey, Volume 36, Number 6, April 2007.

iMFdirect Blog Posts

Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Economic Forces, Not Tariffs, Drive Changes in Trade Balances”

Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Globalization Helps Spread Knowledge and Technology Across Borders”

F&D articles

Eugster, J., G. Ho, F. Jaumotte, and R. Piazza (2018), “How Knowledge Spreads”, in IMF Finance & Development, Vol.55 No.3, September 2018.

Jaumotte, F., K. Koloskova, and S. Saxena (2016), “A Spoonful of Sugar,” in IMF Finance & Development, Vol.53 No.4, December 2016.

Jaumotte, F. and C. Osorio Buitron (2015), “Power from the People,” in IMF Finance & Development, Vol.52 No.1 pp.29-31, March 2015

Jaumotte, F. (2011), “Fixing the Flaws in EMU”, in IMF Finance and Development, December 2011, Volume 48, No.4.

Jaumotte, F. and I. Tytell (2007), “Globalization of Labor”, in IMF Finance and Development (Picture This), Volume 44, Number 2, June 2007.

Other Published Materials

Eugster, J., F. Jaumotte, M. MacDonald, and R. Piazza (2019), “Drivers of Bilateral Trade and Spillovers from Tariffs”, in IMF World Economic Outlook, April 2019, chapter 4.

Aslam, A., F. Coelli, J. Eugster, G. Ho, F. Jaumotte, C. Osorio Buitron, and R. Piazza (2018), “Is Productivity Growth Shared in a Globalized Economy?”, in IMF World Economic Outlook, April 2018, chapter 4.

Danninger, S. and F. Jaumotte (2008), “Divergence of Current Account Balances across Emerging Economies,” in IMF World Economic Outlook, October 2008.

Tamirisa, N., F. Jaumotte, B. Jones, P. Mills, R. Ramcharan, A. Scott, and J. Strand (2008), “Climate Change and the Global Economy”, in IMF World Economic Outlook, April 2008.

Lall, S., F. Jaumotte, C. Papageorgiou, and P. Topalova (2007), “Globalization and Inequality”, in IMF World Economic Outlook, October 2007.

Jaumotte, F. and I. Tytell (2007), “The Globalization of Labor”, in IMF World Economic Outlook, April 2007.

Jaumotte, F., H. Poirson, N. Spatafora, and K. Vu (2006), “Asia Rising: Patterns of Economic Development and Growth”, in IMF World Economic Outlook, September 2006.

Helbling T., F. Jaumotte and M. Sommer (2006), “How Has Globalization Affected Inflation”, in IMF World Economic Outlook, April 2006.

Publications in Journals (Refereed)

Jaumotte, F. and C. Osorio Buitron (2019), “Inequality: Traditional Drivers and the Role of Union Power”, Oxford Economic Papers, pp.1-34, March 2019.

Blanchard, O. J., F. Jaumotte, and P. Loungani (2014), “Labor Market Policies and IMF Advice in Advanced Economies During the Great Recession,” IZA Journal of Labor Policy, 3(1), 1-23 (also IMF Staff Discussion Note 13/2, March 2013).

Jaumotte, F., S. Lall and C. Papageorgiou (2013), “Rising Income Inequality: Technology, or Trade and Financial Globalization?,” IMF Economic Review, vol. 61(2).

Florence Jaumotte (2003), "Labour Force Participation of Women: Empirical Evidence on The Role of Policy and Other Determinants in OECD Countries," OECD Economic Studies, vol. 2003(2).

Florence Jaumotte (2003), "Les femmes sur le marché du travail : Évidence empirique sur le rôle des politiques économiques et autres déterminants dans les pays de l'OCDE," Revue économique de l'OCDE, vol. 2003(2).

Publications in Books and Conference Volumes

Jaumotte, F. and P. Sodsriwiboon (2011), “Current Account Imbalances in the Southern Euro Area: Causes, Consequences, and Remedies,” in Measuring Italy’s External Competitiveness, by L. Codogno and L. Paganetto (eds), Rubbettino Editore.

Hakura, D. and F. Jaumotte (2001), “The Role of Inter- and Intra-Industry Trade in Technology Diffusion”, in Policies to Promote Competitiveness in Manufacturing in Sub-Saharan Africa, by A. Kwasi Fosu, S.M. Nsouli, and A. Varoudakis (eds).

Other Published Materials

Jaumotte, F., K. Koloskova, and S. Saxena (2016), “Immigration and Economic Prosperity,” Vox, January 12, 2017.

Jaumotte, F. and C. Osorio Buitron (2015), “Union Power and Inequality,” Vox, October 22, 2015.

Blanchard O., F. Jaumotte and P. Loungani (2013), “Unemployment, Labour-Market Flexibility and IMF Advice: Moving Beyond Mantras,” Vox, October 18, 2013.

Jaumotte, F. (2005), “Women and work: Resolving the riddle”, in Women and work: pushing for a change, OECD Observer No. 248, March.

Florence Jaumotte (2006), "Maintaining Switzerland's Top Innovation Capacity," OECD Economics Department Working Papers 487.

Jaumotte, F. and N. Pain (2005), “Innovation in the Business Sector”, OECD Economics Department Working Paper, No. 459.

Jaumotte, F. and N. Pain (2005), “From Innovation Development to Implementation: Evidence from the Community Innovation Survey”, OECD Economics Department Working Paper, No. 458.

Jaumotte, F. and N. Pain (2005), “From Ideas to Development: The Determinants of R&D and Patenting”, OECD Economics Department Working Paper, No. 457.

Jaumotte, F. and N. Pain (2005), “An Overview of Public Policies to Support Innovation”, OECD Economics Department Working Paper, No. 456.

Burniaux, J.-M., R. Duval and F. Jaumotte (2003), “Coping with ageing: a dynamic approach to quantify the impact of alternative policy options on future labour supply in OECD countries”, OECD Economics Department Working Paper No 371.

Florence Jaumotte (2003), "Female Labour Force Participation: Past Trends and Main Determinants in OECD Countries," OECD Economics Department Working Papers 376.

Delbecque, Bernard & Jaumotte, Florence (1998), "A Model of Targeted Exchange Rates," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1998014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

Jaumotte, Florence (1997), "Technology Diffusion and Trade : An Empirical Investigation," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1997021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).