2016
|
|
w22295 |
Emmanuel Farhi
Matteo Maggiori
|
A Model of the International Monetary System |
|
w22283 |
Ambrogio Cesa-Bianchi
Alessandro Rebucci
|
Does Easing Monetary Policy Increase Financial Instability? |
|
w22271 |
Zhiguo He
Arvind Krishnamurthy
Konstantin Milbradt
|
A Model of Safe Asset Determination |
|
w22270 |
Benjamin Hébert
Jesse Schreger
|
The Costs of Sovereign Default: Evidence from Argentina |
|
w22268 |
Joshua Aizenman
Hiro Ito
|
East Asian Economies and Financial Globalization In the Post-Crisis World |
|
w22264 |
Stephanie Schmitt-Grohé
Martín Uribe
|
Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited |
|
w22224 |
Gianluca Benigno
Huigang Chen
Christopher Otrok
Alessandro Rebucci
Eric R. Young
|
Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective |
|
w22198 |
Nicholas Ford
Charles Yuji Horioka
|
The 'Real' Explanation of the PPP Puzzle |
|
w22196 |
Robert E. Hall
|
Understanding the Decline in the Safe Real Interest Rate |
|
w22191 |
Assaf Razin
Efraim Sadka
|
How Migration Can Change Income Inequality? |
|
w22175 |
Mario J. Crucini
Gregor W. Smith
|
Distance and Time Effects in Swedish Commodity Prices, 1732–1914 |
|
w22169 |
Nicola Cetorelli
Linda S. Goldberg
|
Organizational Complexity and Balance Sheet Management in Global Banks |
|
w22161 |
Zhi Da
Borja Larrain
Clemens Sialm
José Tessada
|
Coordinated Noise Trading: Evidence from Pension Fund Reallocations |
|
w22153 |
Ross Levine
Chen Lin
Wensi Xie
|
Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit |
|
w22147 |
Michael E. Waugh
B. Ravikumar
|
Measuring Openness to Trade |
|
w22142 |
Alberto F. Cavallo
|
Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers |
|
w22139 |
Olivier Jeanne
Damiano Sandri
|
Optimal Reserves in Financially Closed Economies |
|
w22133 |
Markus K. Brunnermeier
Yuliy Sannikov
|
On the Optimal Inflation Rate |
|
w22128 |
Matteo Cacciatore
Romain Duval
Giuseppe Fiori
Fabio Ghironi
|
Market Reforms in the Time of Imbalance |
|
w22125 |
Mark Aguiar
Satyajit Chatterjee
Harold Cole
Zachary Stangebye
|
Quantitative Models of Sovereign Debt Crises |
|
w22119 |
Mary Amiti
Oleg Itskhoki
Jozef Konings
|
International Shocks and Domestic Prices: How Large Are Strategic Complementarities? |
|
w22111 |
Alberto Cavallo
Roberto Rigobon
|
The Billion Prices Project: Using Online Prices for Measurement and Research |
|
w22103 |
Alberto Cavallo
Guillermo Cruces
Ricardo Perez-Truglia
|
Learning from Potentially-Biased Statistics: Household Inflation Perceptions and Expectations in Argentina |
|
w22097 |
Joshua Aizenman
|
Optimal Currency Area: A 20th Century Idea For the 21st Century? |
|
w22081 |
Nicholas Ford
Charles Yuji Horioka
|
The "Real" Explanation of the Feldstein-Horioka Puzzle |
|
w22059 |
Michael D. Bordo
Christopher M. Meissner
|
Fiscal and Financial Crises |
|
w22056 |
Weerachart T. Kilenthong
Robert M. Townsend
|
A Market Based Solution for Fire Sales and Other Pecuniary Externalities |
|
w22044 |
Ricardo J. Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas
|
Safe Asset Scarcity and Aggregate Demand |
|
w22023 |
Hanno Lustig
Adrien Verdelhan
|
Does Incomplete Spanning in International Financial Markets Help to Explain Exchange Rates? |
|
w22017 |
Zhiguo He
Arvind Krishnamurthy
Konstantin Milbradt
|
What Makes US Government Bonds Safe Assets? |
|
w22008 |
Gary Gorton
Guillermo Ordoñez
|
Good Booms, Bad Booms |
|
w22005 |
Diego Anzoategui
Diego Comin
Mark Gertler
Joseba Martinez
|
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence |
|
w21993 |
Markus K. Brunnermeier
Luis Garicano
Philip Lane
Marco Pagano
Ricardo Reis
Tano Santos
David Thesmar
Stijn Van Nieuwerburgh
Dimitri Vayanos
|
The Sovereign-Bank Diabolic Loop and ESBies |
|
w21984 |
Paolo Bertoletti
Federico Etro
Ina Simonovska
|
International Trade with Indirect Additivity |
|
w21981 |
Anya Kleymenova
Andrew K. Rose
Tomasz Wieladek
|
Does Government Intervention Affect Banking Globalization? |
|
w21979 |
Paul R. Bergin
Reuven Glick
Jyh-Lin Wu
|
Conditional PPP and Real Exchange Rate Convergence in the Euro Area |
|
w21977 |
Urban J. Jermann
|
Financial Markets’ Views about the Euro-Swiss Franc Floor |
|
w21958 |
Carmen M. Reinhart
Vincent Reinhart
Christoph Trebesch
|
Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015 |
|
w21956 |
Martin Beraja
Erik Hurst
Juan Ospina
|
The Aggregate Implications of Regional Business Cycles |
|
w21955 |
Roberto Chang
Andrés Velasco
|
Financial Frictions and Unconventional Monetary Policy in Emerging Economies |
|
w21954 |
Takatoshi Ito
|
Japanization: Is it Endemic or Epidemic? |
|
w21948 |
Alessandro Dovis
Mikhail Golosov
Ali Shourideh
|
Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity |
|
w21938 |
Shin-ichi Fukuda
|
Strong Sterling Pound and Weak European Currencies in the Crises: Evidence from Covered Interest Parity of Secured Rates |
|
w21935 |
Doireann Fitzgerald
Stefanie Haller
Yaniv Yedid-Levi
|
How Exporters Grow |
|
w21920 |
Zhiguo He
Bryan Kelly
Asaf Manela
|
Intermediary Asset Pricing: New Evidence from Many Asset Classes |
|
w21898 |
Jonathan Heathcote
Fabrizio Perri
|
On the Desirability of Capital Controls |
|
w21897 |
Greg Kaplan
Benjamin Moll
Giovanni L. Violante
|
Monetary Policy According to HANK |
|
w21885 |
Julian di Giovanni
Andrei A. Levchenko
Isabelle Mejean
|
The Micro Origins of International Business Cycle Comovement |
|
w21884 |
Barry Eichengreen
Romain Lafarguette
Arnaud Mehl
|
Cables, Sharks and Servers: Technology and the Geography of the Foreign Exchange Market |
|
w21878 |
Jeffrey A. Frankel
|
International Coordination |
|
w21852 |
Hélène Rey
|
International Channels of Transmission of Monetary Policy and the Mundellian Trilemma |
|
w21847 |
Konrad B. Burchardi
Thomas Chaney
Tarek A. Hassan
|
Migrants, Ancestors, and Investments |
|
w21843 |
Emmanuel Farhi
Jean Tirole
|
Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops |
|
w21840 |
Jose Asturias
Sewon Hur
Timothy J. Kehoe
Kim J. Ruhl
|
The Interaction and Sequencing of Policy Reforms |
2015
|
|
w21817 |
Nicolas Coeurdacier
Hélène Rey
Pablo Winant
|
Financial Integration and Growth in a Risky World |
|
w21813 |
Jeffrey Frankel
|
The Plaza Accord, 30 Years Later |
|
w21805 |
Carmen M. Reinhart
Christoph Trebesch
|
The International Monetary Fund: 70 Years of Reinvention |
|
w21793 |
Joshua Aizenman
|
International Coordination and Precautionary Policies |
|
w21791 |
Michael B. Devereux
Eric R. Young
Changhua Yu
|
A New Dilemma: Capital Controls and Monetary Policy in Sudden Stop Economies |
|
w21784 |
Matteo Cacciatore
Romain Duval
Giuseppe Fiori
Fabio Ghironi
|
Short-Term Pain for Long-Term Gain: Market Deregulation and Monetary Policy in Small Open Economies |
|
w21774 |
Jonathan Eaton
Samuel S. Kortum
Brent Neiman
|
Obstfeld and Rogoff's International Macro Puzzles: A Quantitative Assessment |
|
w21773 |
David Backus
Chase Coleman
Axelle Ferriere
Spencer Lyon
|
Pareto Weights as Wedges in Two-Country Models |
|
w21760 |
Pablo D. Fajgelbaum
Eduardo Morales
Juan Carlos Suárez Serrato
Owen M. Zidar
|
State Taxes and Spatial Misallocation |
|
w21755 |
Joshua Aizenman
Yothin Jinjarak
Jungsuk Kim
Donghyun Park
|
Tax Revenue Trends in Asia and Latin America: A Comparative Analysis |
|
w21753 |
Gordon H. Hanson
Nelson Lind
Marc-Andreas Muendler
|
The Dynamics of Comparative Advantage |
|
w21744 |
Lee E. Ohanian
Paulina Restrepo-Echavarria
Mark L. J. Wright
|
Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America |
|
w21737 |
Ryan Banerjee
Michael B. Devereux
Giovanni Lombardo
|
Self-Oriented Monetary Policy, Global Financial Markets and Excess Volatility of International Capital Flows |
|
w21734 |
Charles Yuji Horioka
Akiko Terada-Hagiwara
Takaaki Nomoto
|
Explaining Foreign Holdings of Asia's Debt Securities: The Feldstein-Horioka Paradox Revisited |
|
w21722 |
Silvia Miranda-Agrippino
Hélène Rey
|
World Asset Markets and the Global Financial Cycle |
|
w21716 |
Barry Eichengreen
Domenico Lombardi
|
RMBI or RMBR: Is the Renminbi Destined to Become a Global or Regional Currency? |
|
w21694 |
Sebastian Edwards
Francis A. Longstaff
Alvaro Garcia Marin
|
The U.S. Debt Restructuring of 1933: Consequences and Lessons |
|
w21690 |
Murillo Campello
Mauricio Larrain
|
Enlarging the Contracting Space: Collateral Menus, Access to Credit, and Economic Activity |
|
w21688 |
Christopher L. House
Linda L. Tesar
|
Greek Budget Realities: No Easy Options |
|
w21686 |
Felipe S. Iachan
Plamen T. Nenov
Alp Simsek
|
The Choice Channel of Financial Innovation |
|
w21674 |
Eduardo Borensztein
Eduardo Cavallo
Olivier Jeanne
|
The Welfare Gains from Macro-Insurance Against Natural Disasters |
|
w21670 |
Ricardo J. Caballero
Emmanuel Farhi
Pierre-Olivier Gourinchas
|
Global Imbalances and Currency Wars at the ZLB. |
|
w21664 |
Carmen M. Reinhart
Christoph Trebesch
|
The Pitfalls of External Dependence: Greece, 1829-2015 |
|
w21662 |
Joshua Aizenman
Mahir Binici
|
Exchange Market Pressure in OECD and Emerging Economies: Domestic vs. External Factors and Capital Flows in the Old and New Normal |
|
w21661 |
G. Andrew Karolyi
David T. Ng
Eswar S. Prasad
|
The Coming Wave: Where Do Emerging Market Investors Put Their Money? |
|
w21646 |
Gita Gopinath
|
The International Price System |
|
w21634 |
Ross Levine
Chen Lin
Lai Wei
|
Insider Trading and Innovation |
|
w21619 |
Olivier Blanchard
Jonathan D. Ostry
Atish R. Ghosh
Marcos Chamon
|
Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence |
|
w21606 |
Assaf Razin
Efraim Sadka
|
Migration State and Welfare State: Competition vs. Coordination in an Economic Union |
|
w21581 |
Atif R. Mian
Amir Sufi
Emil Verner
|
Household Debt and Business Cycles Worldwide |
|
w21574 |
Pablo D'Erasmo
Enrique G. Mendoza
Jing Zhang
|
What is a Sustainable Public Debt? |
|
w21567 |
Sumit Agarwal
Souphala Chomsisengphet
Neale Mahoney
Johannes Stroebel
|
Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow? |
|
w21558 |
Sebnem Kalemli-Ozcan
Bent Sorensen
Carolina Villegas-Sanchez
Vadym Volosovych
Sevcan Yesiltas
|
How to Construct Nationally Representative Firm Level data from the ORBIS Global Database |
|
w21556 |
Barry Eichengreen
Donghyun Park
Kwanho Shin
|
The Global Productivity Slump: Common and Country-Specific Factors |
|
w21555 |
Chadwick C. Curtis
Steven Lugauer
Nelson C. Mark
|
Demographics and Aggregate Household Saving in Japan, China, and India |
|
w21535 |
Reuven Glick
Andrew K. Rose
|
Currency Unions and Trade: A Post-EMU Mea Culpa |
|
w21518 |
Takatoshi Ito
Masahiro Yamada
|
Was the Forex Fixing Fixed? |
|
w21498 |
Francesco Caselli
Miklós Koren
Milan Lisicky
Silvana Tenreyro
|
Diversification through Trade |
|
w21490 |
Alberto Cavallo
|
Scraped Data and Sticky Prices |
|
w21486 |
Òscar Jordà
Moritz Schularick
Alan M. Taylor
|
Leveraged Bubbles |
|
w21480 |
Joel M. David
Ina Simonovska
|
Correlated Beliefs, Returns, and Stock Market Volatility |
|
w21471 |
Eswar Prasad
Boyang Zhang
|
Distributional Effects of Monetary Policy in Emerging Market Economies |
|
w21462 |
Pietro Bonaldi
Ali Hortaçsu
Jakub Kastl
|
An Empirical Analysis of Funding Costs Spillovers in the EURO-zone with Application to Systemic Risk |
|
w21456 |
Cristina Arellano
Andrew Atkeson
Mark Wright
|
External and Public Debt Crises |
|
w21453 |
Gita Gopinath
Sebnem Kalemli-Ozcan
Loukas Karabarbounis
Carolina Villegas-Sanchez
|
Capital Allocation and Productivity in South Europe |
|
w21448 |
Iván Werning
|
Incomplete Markets and Aggregate Demand |
|
w21445 |
Tarek Alexander Hassan
Thomas Mertens
Tony Zhang
|
Not so Disconnected: Exchange Rates and the Capital Stock |
|
w21436 |
Carlos A. Vegh
Guillermo Vuletin
|
Unsticking the Flypaper Effect in an Uncertain World |
|
w21430 |
Jordi Galí
|
Hysteresis and the European Unemployment Problem Revisited |
|
w21427 |
Olivier Blanchard
Gustavo Adler
Irineu de Carvalho Filho
|
Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks? |
|
w21426 |
Olivier Blanchard
Christopher J. Erceg
Jesper Lindé
|
Jump Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery? |
|
w21413 |
Michael B. Devereux
Ben Tomlin
Wei Dong
|
Exchange Rate Pass-Through, Currency of Invoicing and Market Share |
|
w21388 |
Rahul Anand
Eswar Prasad
Boyang Zhang
|
What Measure of Inflation Should a Developing Country Central Bank Target? |
|
w21380 |
Sebastian Edwards
|
Academics as Economic Advisers: Gold, the ‘Brains Trust,’ and FDR |
|
w21363 |
Xavier Gabaix
Jean-Michel Lasry
Pierre-Louis Lions
Benjamin Moll
|
The Dynamics of Inequality |
|
w21350 |
Carmen M. Reinhart
|
The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro |
|
w21333 |
Carmen M. Reinhart
Miguel Angel Santos
|
From Financial Repression to External Distress: The Case of Venezuela |
|
w21294 |
Jess Benhabib
Xuewen Liu
Pengfei Wang
|
Sentiments, Financial Markets, and Macroeconomic Fluctuations |
|
w21280 |
Jaume Ventura
Hans-Joachim Voth
|
Debt into Growth: How Sovereign Debt Accelerated the First Industrial Revolution |
|
w21261 |
Fernando Ferreira
Joseph Gyourko
|
A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012 |
|
w21253 |
Stephanie Schmitt-Grohé
Martín Uribe
|
How Important Are Terms Of Trade Shocks? |
|
w21245 |
Ross Levine
Chen Lin
Beibei Shen
|
Cross-border Acquisitions and Labor Regulations |
|
w21244 |
Chun Chang
Kaiji Chen
Daniel F. Waggoner
Tao Zha
|
Trends and Cycles in China's Macroeconomy |
|
w21228 |
Nicola Fuchs-Schuendeln
Tarek Alexander Hassan
|
Natural Experiments in Macroeconomics |
|
w21172 |
Evgenia Passari
Hélène Rey
|
Financial Flows and the International Monetary System |
|
w21168 |
John Beshears
James J. Choi
Joshua Hurwitz
David Laibson
Brigitte C. Madrian
|
Liquidity in Retirement Savings Systems: An International Comparison |
|
w21162 |
Hélène Rey
|
Dilemma not Trilemma: The global Financial Cycle and Monetary Policy Independence |
|
w21159 |
Menzie D. Chinn
Yi Zhang
|
Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound |
|
w21158 |
Philippe Bacchetta
Elena Perazzi
Eric van Wincoop
|
Self-Fulfilling Debt Crises: Can Monetary Policy Really Help? |
|
w21128 |
Joshua Aizenman
Menzie D. Chinn
Hiro Ito
|
Monetary Policy Spillovers and the Trilemma in the New Normal: Periphery Country Sensitivity to Core Country Conditions |
|
w21122 |
Takatoshi Ito
Masahiro Yamada
|
High-frequency, Algorithmic Spillovers Between NASDAQ and Forex |
|
w21121 |
Luigi Guiso
Paola Sapienza
Luigi Zingales
|
Monnet's Error? |
|
w21112 |
Hanming Fang
Quanlin Gu
Wei Xiong
Li-An Zhou
|
Demystifying the Chinese Housing Boom |
|
w21089 |
Joshua Aizenman
Yothin Jinjarak
Huanhuan Zheng
|
Chinese Outwards Mercantilism – the Art and Practice of Bundling |
|
w21075 |
Chunxin Jia
Yaping Wang
Wei Xiong
|
Social Trust and Differential Reactions of Local and Foreign Investors to Public News |
|
w21070 |
Rudolfs Bems
Robert C. Johnson
|
Demand for Value Added and Value-Added Exchange Rates |
|
w21054 |
Karen K. Lewis
|
Do Foreign Firm Betas Change During Cross-listing? |
|
w21042 |
Charles Engel
|
Exchange Rates, Interest Rates, and the Risk Premium |
|
w21040 |
Takatoshi Ito
Satoshi Koibuchi
Kiyotaka Sato
Junko Shimizu
|
Exchange Rate Exposure and Risk Management: The case of Japanese Exporting Firms |
|
w21026 |
Juan Carlos Conesa
Timothy J. Kehoe
|
Gambling for Redemption and Self-Fulfilling Debt Crises |
|
w21021 |
Christina D. Romer
David H. Romer
|
New Evidence on the Impact of Financial Crises in Advanced Countries |
|
w21019 |
Joshua Aizenman
Eduardo Cavallo
Ilan Noy
|
Precautionary Strategies and Household Saving |
|
w21010 |
Andrei A. Levchenko
Nitya Pandalai-Nayar
|
TFP, News, and "Sentiments:'" The International Transmission of Business Cycles |
|
w20987 |
Kristin J. Forbes
Michael W. Klein
|
Pick Your Poison: The Choices and Consequences of Policy Responses to Crises |
|
w20970 |
Andrés Fernández
Michael W. Klein
Alessandro Rebucci
Martin Schindler
Martín Uribe
|
Capital Control Measures: A New Dataset |
|
w20964 |
Sebastian Edwards
|
Sovereign Default, Debt Restructuring, and Recovery Rates: Was the Argentinean “Haircut” Excessive? |
|
w20963 |
Stefano Giglio
Bryan T. Kelly
Seth Pruitt
|
Systemic Risk and the Macroeconomy: An Empirical Evaluation |
|
w20957 |
Jennifer N. Carpenter
Fangzhou Lu
Robert F. Whitelaw
|
The Real Value of China's Stock Market |
|
w20952 |
Charles Engel
|
International Coordination of Central Bank Policy |
|
w20951 |
Charles Engel
|
Macroprudential Policy in a World of High Capital Mobility: Policy Implications from an Academic Perspective |
|
w20943 |
Joshua Aizenman
|
The Internationalization of the RMB, Capital Market Openness, and Financial Reforms in China |
|
w20924 |
Daqing Yao
John Whalley
|
The China (Shanghai) Pilot Free Trade Zone: Background, Developments and Preliminary Assessment of Initial Impacts |
|
w20917 |
Joshua Aizenman
Yothin Jinjarak
Donghyun Park
|
Financial Development and Output Growth in Developing Asia and Latin America: A Comparative Sectoral Analysis |
|
w20901 |
Daqing Yao
John Whalley
|
An Evaluation of the Impact of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) |
|
w20898 |
Pranjul Bhandari
Jeffrey A. Frankel
|
Nominal GDP Targeting for Developing Countries |
|
w20896 |
Yan Bai
Seon Tae Kim
Gabriel P. Mihalache
|
The Maturity and Payment Schedule of Sovereign Debt |
|
w20893 |
Sebastian Edwards
|
Monetary Policy Independence under Flexible Exchange Rates: An Illusion? |
|
w20872 |
Alessandra Fogli
Fabrizio Perri
|
Macroeconomic Volatility and External Imbalances |
|
w20863 |
Ross Levine
Chen Lin
Wensi Xie
|
Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries |
|
w20860 |
Kristin Forbes
Marcel Fratzscher
Roland Straub
|
Capital Flow Management Measures: What Are They Good For? |
|
w20857 |
Rabah Arezki
Valerie A. Ramey
Liugang Sheng
|
News Shocks in Open Economies: Evidence from Giant Oil Discoveries |
|
w20827 |
Alberto Alesina
Omar Barbiero
Carlo Favero
Francesco Giavazzi
Matteo Paradisi
|
Austerity in 2009-2013 |
|
w20822 |
Gurnain Pasricha
Matteo Falagiarda
Martin Bijsterbosch
Joshua Aizenman
|
Domestic and Multilateral Effects of Capital Controls in Emerging Markets |
|
w20821 |
Era Dabla-Norris
Yan Ji
Robert M. Townsend
D. Filiz Unsal
|
Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and Inequality |
|
w20820 |
Agustín S. Bénétrix
Philip R. Lane
Jay C. Shambaugh
|
International Currency Exposures, Valuation Effects, and the Global Financial Crisis |
