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Clinton, K., M. Kumhof, D. Laxton and S. Mursula, 2010, "Budget Consolidation: Short-Term Pain for Long-Term Gain", IMF Working Paper 10/163 (July 2010).

Danninger, S, M. Kumhof, and D. Laxton, 2008, When Does Fiscal Stimulus Work? Box 2.1 of Chapter 2 of the April 2008 World Economic Outlook, International Monetary Fund.

Freedman, C., M. Kumhof, D. Laxton, and J. Lee, 2009, The Case for Global Fiscal Stimulus, IMF Staff Position Paper No. 09/04 (Washington, DC.: International Monetary Fund).

Iakova, D., D. Laxton, and D, Muir, “The effects of cutting taxes on gasoline,” Box 6 of Chapter 2 of the October 2008 European Regional Economic Outlook, International Monetary Fund, available at www.imf.org

Kumhof, M. and D. Laxton, 2009, Chiles Structural Fiscal Surplus Rule: A Model-Based Evaluation, IMF Working Paper 09/88 (April 2009).

Kumhof, M. and D. Laxton, 2007, "A Party Without a Hangover? On the Effects of U.S. Fiscal Deficits" IMF Working Paper 07/202 (August 2007).

Kumhof, M., D. Laxton and W. Schule, 2006, "Optimized Fiscal Rules for a Monetary Union" prepared for a conference at the European Commission on Fiscal Policy Issues. Draft available from authors.

Kumhof, M., D. Laxton, and D. Muir, 2005, Consequences of U.S. Fiscal Consolidation for the U.S. Current Account in United States: Selected Issues, IMF Country Report, No. 05/258 (July 2005).

Kumhof, M., D. Laxton, D. Leigh, 2010, "To Starve or Not to Starve the Beast', IMF Working Paper 10/199 (September 2010).

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