Precaution versus mercantilism: Reserve accumulation, capital controls, and the real exchange rate
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jinteco.2022.103649
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Woojin Choi & Alan M. Taylor, 2018. "Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate," GRU Working Paper Series GRU_2018_003, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Taylor, Alan M. & Choi, Woo Jin, 2017. "Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate," CEPR Discussion Papers 11963, C.E.P.R. Discussion Papers.
- Woo Jin Choi & Alan M. Taylor, 2017. "Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate," NBER Working Papers 23341, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Sebastian Edwards, 2007.
"Capital Controls, Sudden Stops, and Current Account Reversals,"
NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 73-120,
National Bureau of Economic Research, Inc.
- Sebastian Edwards, 2005. "Capital Controls, Sudden Stops and Current Account Reversals," NBER Working Papers 11170, National Bureau of Economic Research, Inc.
- Javier Bianchi, 2011.
"Overborrowing and Systemic Externalities in the Business Cycle,"
American Economic Review, American Economic Association, vol. 101(7), pages 3400-3426, December.
- Bianchi, Javier, 2009. "Overborrowing and Systemic Externalities in the Business Cycle," MPRA Paper 15114, University Library of Munich, Germany.
- Bianchi, Javier, 2009. "Overborrowing and Systemic Externalities in the Business Cycle," MPRA Paper 16270, University Library of Munich, Germany.
- Javier Bianchi, 2010. "Overborrowing and Systemic Externalities in the Business Cycle," 2010 Meeting Papers 96, Society for Economic Dynamics.
- Javier Bianchi, 2009. "Overborrowing and systemic externalities in the business cycle," FRB Atlanta Working Paper 2009-24, Federal Reserve Bank of Atlanta.
- Michael P. Dooley & David Folkerts-Landau & Peter Garber, 2004. "The revived Bretton Woods system," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(4), pages 307-313.
- Chinn, Menzie D. & Ito, Hiro, 2006.
"What matters for financial development? Capital controls, institutions, and interactions,"
Journal of Development Economics, Elsevier, vol. 81(1), pages 163-192, October.
- Chinn,M.D. & Ito,H., 2005. "What matters for financial development? : capital controls, institutions, and interactions," Working papers 4, Wisconsin Madison - Social Systems.
- Chinn, Menzie David & Ito, Hiro, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," Santa Cruz Department of Economics, Working Paper Series qt5pv1j341, Department of Economics, UC Santa Cruz.
- Chinn, Menzie David & Ito, Hiro, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," Santa Cruz Center for International Economics, Working Paper Series qt5pv1j341, Center for International Economics, UC Santa Cruz.
- Menzie D. Chinn & Hiro Ito, 2005. "What Matters for Financial Development? Capital Controls, Institutions, and Interactions," NBER Working Papers 11370, National Bureau of Economic Research, Inc.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2004.
"The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates,"
The Review of Economics and Statistics, MIT Press, vol. 86(4), pages 841-857, November.
- Milesi-Ferretti, Gian Maria & Lane, Philip, 2000. "The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates," CEPR Discussion Papers 2511, C.E.P.R. Discussion Papers.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2000. "The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates," Working Papers 062000, Hong Kong Institute for Monetary Research.
- Mr. Gian M Milesi-Ferretti & Mr. Philip R. Lane, 2000. "The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates," IMF Working Papers 2000/123, International Monetary Fund.
- Joshua Aizenman & Daniel Riera-Crichton, 2008.
"Real Exchange Rate and International Reserves in an Era of Growing Financial and Trade Integration,"
The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 812-815, November.
- Joshua Aizenman & Daniel Riera-Crichton, 2006. "Real Exchange Rate and International Reserves in the Era of Growing Financial and Trade Integration," NBER Working Papers 12363, National Bureau of Economic Research, Inc.
- Aizenman, Joshua & Riera-Crichton, Daniel, 2007. "Real exchange rate and international reserves in an era of growing financial and trade integration," Santa Cruz Department of Economics, Working Paper Series qt6dr794sb, Department of Economics, UC Santa Cruz.
- Alfaro, Laura & Kanczuk, Fabio, 2009.
"Optimal reserve management and sovereign debt,"
Journal of International Economics, Elsevier, vol. 77(1), pages 23-36, February.
- Laura Alfaro & Fabio Kanczuk, 2007. "Optimal reserve management and sovereign debt," Working Paper Series 2007-29, Federal Reserve Bank of San Francisco.
- Laura Alfaro & Fabio Kanczuk, 2007. "Optimal Reserve Management and Sovereign Debt," NBER Working Papers 13216, National Bureau of Economic Research, Inc.
- M Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009.
"Financial Globalization: A Reappraisal,"
IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 8-62, April.
- M. Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009. "Financial Globalization: A Reappraisal," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(2), pages 143-197.
- M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," NBER Working Papers 12484, National Bureau of Economic Research, Inc.
- Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2006. "Financial Globalization: A Reappraisal," CEPR Discussion Papers 5842, C.E.P.R. Discussion Papers.
- Mr. Ayhan Kose & Mr. Eswar S Prasad & Mr. Kenneth Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," IMF Working Papers 2006/189, International Monetary Fund.
- Antoni Estevadeordal & Alan M. Taylor, 2013.
"Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s–2000s,"
The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1669-1690, December.
- Antoni Estevadeordal & Alan M. Taylor, 2008. "Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s," NBER Working Papers 14264, National Bureau of Economic Research, Inc.
- Taylor, Alan M. & Estevadeordal, Antoni, 2009. "Is the Washington Consensus Dead?: Growth, Openness, and the Great Liberalization, 1970s-2000s," IDB Publications (Working Papers) 2518, Inter-American Development Bank.
- Taylor, Alan M. & Estevadeordal, Antoni, 2008. "Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s," CEPR Discussion Papers 6942, C.E.P.R. Discussion Papers.
- Philippe Bacchetta & Kenza Benhima & Yannick Kalantzis, 2013.
"Capital Controls with International Reserve Accumulation: Can This Be Optimal?,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 229-262, July.
- Philippe Bacchetta & Kenza Benhima & Yannick Kalantzis, 2011. "Capital Controls with International Reserve Accumulation: Can this Be Optimal ?," Cahiers de Recherches Economiques du Département d'économie 11.08, Université de Lausanne, Faculté des HEC, Département d’économie.
- Bacchetta, Philippe & Benhima, Kenza & Kalantzis, Yannick, 2012. "Capital Controls with International Reserve Accumulation: Can this Be Optimal?," Working Papers 2012-009, Banco Central de Reserva del Perú.
- Yannick Kalantzis & Kenza Benhima & Philippe Bacchetta, 2012. "Capital Controls with International Reserve Accumulation: Can this Be Optimal?," 2012 Meeting Papers 448, Society for Economic Dynamics.
- Bacchetta, Philippe & Benhima, Kenza & Kalantzis, Yannick, 2012. "Capital Controls with International Reserve Accumulation: Can this Be Optimal?," CEPR Discussion Papers 8753, C.E.P.R. Discussion Papers.
- Bacchetta, P. & Benhima, K. & Kalantzis, Y., 2012. "Capital Controls with International Reserve Accumulation: Can this Be Optimal?," Working papers 406, Banque de France.
- Ethan Ilzetzki & Carmen M Reinhart & Kenneth S Rogoff, 2019.
"Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(2), pages 599-646.
- Ethan Ilzetzki & Carmen M. Reinhart & Kenneth S. Rogoff, 2017. "Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?," NBER Working Papers 23134, National Bureau of Economic Research, Inc.
- Ilzetzki, Ethan & Reinhart, Carmen & Rogoff, Kenneth, 2017. "Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?," CEPR Discussion Papers 11826, C.E.P.R. Discussion Papers.
- Ethan Ilzetzki & Carmen M. Reinhart & Kenneth S. Rogoff, 2017. "Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?," Working Paper 503441, Harvard University OpenScholar.
- Davis, J. Scott & Fujiwara, Ippei & Huang, Kevin X.D. & Wang, Jiao, 2021.
"Foreign exchange reserves as a tool for capital account management,"
Journal of Monetary Economics, Elsevier, vol. 117(C), pages 473-488.
- J. Scott Davis & Ippei Fujiwara & Kevin X. D. Huang & Jiao Wang, 2019. "Foreign Exchange Reserves as a Tool for Capital Account Management," Globalization Institute Working Papers 352, Federal Reserve Bank of Dallas.
- J. Scott Davis & Ippei Fujiwara & Kevin X.D. Huang & Jiao Wang, 2019. "Foreign exchange reserves as a tool for capital account management," Vanderbilt University Department of Economics Working Papers 19-00004, Vanderbilt University Department of Economics.
- Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2005.
"Large Devaluations and the Real Exchange Rate,"
Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 742-784, August.
- Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2004. "Large Devaluations and the Real Exchange Rate," RCER Working Papers 513, University of Rochester - Center for Economic Research (RCER).
- Eichenbaum, Martin & Rebelo, Sérgio & Burstein, Ariel Tomas, 2004. "Large Devaluations and the Real Exchange Rate," CEPR Discussion Papers 4810, C.E.P.R. Discussion Papers.
- Ariel Burstein & Martin Eichenbaum & Sergio Rebelo, 2004. "Large Devaluations and the Real Exchange Rate," NBER Working Papers 10986, National Bureau of Economic Research, Inc.
- Sergio Rebelo & Ariel Burstein & Martin Eichenbaum, 2004. "Large Devaluations and the Real Exchange Rate," 2004 Meeting Papers 137, Society for Economic Dynamics.
- Tamim Bayoumi & Jaewoo Lee & Sarma Jayanthi, 2006.
"New Rates from New Weights,"
IMF Staff Papers, Palgrave Macmillan, vol. 53(2), pages 1-4.
- Bayoumi, Tamim & Lee, Jaewoo & Jayanthi, Sarma, 2006. "New Rates from New Weights," CEPR Discussion Papers 5860, C.E.P.R. Discussion Papers.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2016.
"Optimal capital controls and real exchange rate policies: A pecuniary externality perspective,"
Journal of Monetary Economics, Elsevier, vol. 84(C), pages 147-165.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2011. "Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective," Discussion Papers 1512, Centre for Macroeconomics (CFM), revised Feb 2015.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2016. "Optimal capital controls and real exchange rate policies: a pecuniary externality perspective," LSE Research Online Documents on Economics 68594, London School of Economics and Political Science, LSE Library.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2016. "Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective," NBER Working Papers 22224, National Bureau of Economic Research, Inc.
- Rebucci, Alessandro & Benigno, Gianluca & Otrok, Christopher & Chen, Huigang & Young, Eric, 2014. "Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective," CEPR Discussion Papers 9936, C.E.P.R. Discussion Papers.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2015. "Optimal capital controls and real exchange rate policies: A pecuniary externality perspective," LSE Research Online Documents on Economics 86312, London School of Economics and Political Science, LSE Library.
- Pierre-Olivier Gourinchas & Olivier Jeanne, 2013.
"Capital Flows to Developing Countries: The Allocation Puzzle,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(4), pages 1484-1515.
- Olivier Jeanne & Pierre-Olivier Gourinchas, 2005. "Capital Flows to Developing Countries: the Allocation Puzzle," 2005 Meeting Papers 240, Society for Economic Dynamics.
- Pierre-Olivier & Olivier Jeanne, 2009. "Capital Flows to Developing Countries: The Allocation Puzzle," Working Paper Series WP09-12, Peterson Institute for International Economics.
- Jeanne, Olivier & Gourinchas, Pierre-Olivier, 2007. "Capital Flows to Developing Countries: The Allocation Puzzle," CEPR Discussion Papers 6561, C.E.P.R. Discussion Papers.
- Pierre-Olivier Gourinchas & Olivier Jeanne, 2007. "Capital Flows to Developing Countries: The Allocation Puzzle," NBER Working Papers 13602, National Bureau of Economic Research, Inc.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2014.
"Sovereigns, Upstream Capital Flows, And Global Imbalances,"
Journal of the European Economic Association, European Economic Association, vol. 12(5), pages 1240-1284, October.
- Kalemli-Özcan, Sebnem & Volosovych, Vadym & Alfaro, Laura, 2011. "Sovereigns, Upstream Capital Flows, and Global Imbalances," CEPR Discussion Papers 8648, C.E.P.R. Discussion Papers.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2011. "Sovereigns, Upstream Capital Flows, and Global Imbalances," NBER Working Papers 17396, National Bureau of Economic Research, Inc.
- Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2011. "Sovereigns, Upstream Capital Flows and Global Imbalances," Tinbergen Institute Discussion Papers 11-126/2, Tinbergen Institute.
- Benigno, Gianluca & Fornaro, Luca & Wolf, Martin, 2022.
"Reserve accumulation, growth and financial crises,"
Journal of International Economics, Elsevier, vol. 139(C).
- Gianluca Benigno & Luca Fornaro & Martin Wolf, 2012. "Reserve accumulation, growth and financial crises," Economics Working Papers 1795, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2022.
- Gianluca Benigno & Luca Fornaro & Michael Wolf, 2021. "Reserve Accumulation, Growth and Financial Crises," Working Papers 1279, Barcelona School of Economics.
- Gianluca Benigno & Luca Fornaro, 2012. "Reserve Accumulation, Growth and Financial Crises," CEP Discussion Papers dp1161, Centre for Economic Performance, LSE.
- Benigno, Gianluca & Fornaro, Luca, 2012. "Reserve accumulation, growth and financial crises," LSE Research Online Documents on Economics 51506, London School of Economics and Political Science, LSE Library.
- Benigno, Gianluca & Fornaro, Luca, 2012. "Reserve Accumulation, Growth and Financial Crises," CEPR Discussion Papers 9224, C.E.P.R. Discussion Papers.
- Laeven, Luc & Valencia, Fabian, 2020. "Systemic Banking Crises Database: A Timely Update in COVID-19 Times," CEPR Discussion Papers 14569, C.E.P.R. Discussion Papers.
- Tong, Hui & Wei, Shang-Jin, 2021.
"Endogenous corporate leverage response to a safer macro environment: The case of foreign exchange reserve accumulation,"
Journal of International Economics, Elsevier, vol. 132(C).
- Hui Tong & Shang-Jin Wei, 2019. "Endogenous Corporate Leverage Response to a Safer Macro Environment: The Case of Foreign Exchange Reserve Accumulation," NBER Working Papers 26545, National Bureau of Economic Research, Inc.
- Olivier Jeanne, 2013.
"Capital Account Policies and the Real Exchange Rate,"
NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 9(1), pages 7-42.
- Olivier Jeanne, 2012. "Capital Account Policies and the Real Exchange Rate," NBER Chapters, in: NBER International Seminar on Macroeconomics 2012, pages 7-42, National Bureau of Economic Research, Inc.
- Olivier Jeanne, 2012. "Capital Account Policies and the Real Exchange Rate," Working Paper Series WP12-14, Peterson Institute for International Economics.
- Olivier Jeanne, 2012. "Capital Account Policies and the Real Exchange Rate," NBER Working Papers 18404, National Bureau of Economic Research, Inc.
- Bengui, Julien & Arce, Fernando & Bianchi, Javier, 2019.
"A Macroprudential Theory of Foreign Reserve Accumulation,"
CEPR Discussion Papers
13952, C.E.P.R. Discussion Papers.
- Fernando Arce & Julien Bengui & Javier Bianchi, 2019. "A Macroprudential Theory of Foreign Reserve Accumulation," NBER Working Papers 26236, National Bureau of Economic Research, Inc.
- Fernando Arce & Julien Bengui & Javier Bianchi, 2019. "A Macroprudential Theory of Foreign Reserve Accumulation," Staff Working Papers 19-43, Bank of Canada.
- Fernando Arce & Julien Bengui & Javier Bianchi, 2019. "A Macroprudential Theory of Foreign Reserve Accumulation," Working Papers 761, Federal Reserve Bank of Minneapolis.
- Pierre-Olivier Gourinchas & Olivier Jeanne, 2013.
"Capital Flows to Developing Countries: The Allocation Puzzle,"
Review of Economic Studies, Oxford University Press, vol. 80(4), pages 1484-1515.
- Olivier Jeanne & Pierre-Olivier Gourinchas, 2005. "Capital Flows to Developing Countries: the Allocation Puzzle," 2005 Meeting Papers 240, Society for Economic Dynamics.
- Gourinchas, PO & Jeanne, O, 2013. "Capital flows to developing countries: The allocation puzzle," Department of Economics, Working Paper Series qt3d17p49d, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Pierre-Olivier & Olivier Jeanne, 2009. "Capital Flows to Developing Countries: The Allocation Puzzle," Working Paper Series WP09-12, Peterson Institute for International Economics.
- Gourinchas, Pierre-Olivier & Jeanne, Olivier, 2007. "Capital Flows to Developing Countries: The Allocation Puzzle," CEPR Discussion Papers 6561, C.E.P.R. Discussion Papers.
- Pierre-Olivier Gourinchas & Olivier Jeanne, 2007. "Capital Flows to Developing Countries: The Allocation Puzzle," NBER Working Papers 13602, National Bureau of Economic Research, Inc.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2018. "The External Wealth of Nations Revisited: International Financial Integration in the Aftermath of the Global Financial Crisis," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(1), pages 189-222, March.
- Ayhan Kose, M. & Prasad, Eswar S. & Terrones, Marco E., 2009.
"Does openness to international financial flows raise productivity growth?,"
Journal of International Money and Finance, Elsevier, vol. 28(4), pages 554-580, June.
- M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2008. "Does Openness to International Financial Flows Raise Productivity Growth?," NBER Working Papers 14558, National Bureau of Economic Research, Inc.
- Mr. Eswar S Prasad & Mr. Marco Terrones & Mr. Ayhan Kose, 2008. "Does Openness to International Financial Flows Raise Productivity Growth?," IMF Working Papers 2008/242, International Monetary Fund.
- Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2018.
"International Reserves and Rollover Risk,"
American Economic Review, American Economic Association, vol. 108(9), pages 2629-2670, September.
- Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2012. "International Reserves and Rollover Risk," NBER Working Papers 18628, National Bureau of Economic Research, Inc.
- Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2016. "International Reserves and Rollover Risk," Working Papers 735, Federal Reserve Bank of Minneapolis.
- Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2013. "International reserves and rollover risk," Working Paper 13-01, Federal Reserve Bank of Richmond.
- Javier Bianchi & Juan Carlos Hatchondo, 2013. "International reserves and rollover risk," Globalization Institute Working Papers 151, Federal Reserve Bank of Dallas.
- Javier Bianchi & Juan Carlos Hatchondo & Mr. Leonardo Martinez, 2013. "International Reserves and Rollover Risk," IMF Working Papers 2013/033, International Monetary Fund.
- Galstyan, Vahagn & Velic, Adnan, 2017.
"Debt thresholds and real exchange rates: An emerging markets perspective,"
Journal of International Money and Finance, Elsevier, vol. 70(C), pages 452-470.
- Vahagn Galstyan & Adnan Velic, 2016. "Debt Thresholds and Real Exchange Rates: An Emerging Markets Perspective," Trinity Economics Papers tep0416, Trinity College Dublin, Department of Economics.
- Javier Bianchi & Guido Lorenzoni, 2021.
"The Prudential Use of Capital Controls and Foreign Currency Reserves,"
Working Papers
787, Federal Reserve Bank of Minneapolis.
- Javier Bianchi & Guido Lorenzoni, 2021. "The Prudential Use of Capital Controls and Foreign Currency Reserves," NBER Working Papers 29476, National Bureau of Economic Research, Inc.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 8593f3f8-b0cb-48d2-b7e1-9, Tilburg University, School of Economics and Management.
- Olivier Jeanne & Romain Rancière, 2011.
"The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications,"
Economic Journal, Royal Economic Society, vol. 121(555), pages 905-930, September.
- Jeanne, Olivier & Rancière, Romain, 2008. "The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications," CEPR Discussion Papers 6723, C.E.P.R. Discussion Papers.
- Olivier Jeanne & Romain Rancière, 2011. "The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications," PSE-Ecole d'économie de Paris (Postprint) halshs-00754518, HAL.
- Olivier Jeanne & Romain Rancière, 2011. "The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications," Post-Print halshs-00754518, HAL.
- Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2002.
"External wealth, the trade balance, and the real exchange rate,"
European Economic Review, Elsevier, vol. 46(6), pages 1049-1071, June.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2001. "External Wealth, the Trade Balance, and the Real Exchange Rate," CEG Working Papers 200113, Trinity College Dublin, Department of Economics.
- Milesi-Ferretti, Gian Maria & Lane, Philip, 2002. "External Wealth, the Trade Balance and the Real Exchange Rate," CEPR Discussion Papers 3153, C.E.P.R. Discussion Papers.
- Lane, Philip R. & Gian Maria Milesi-Ferretti, 2002. "External Wealth, the Trade Balance, and the Real Exchange Rate," Royal Economic Society Annual Conference 2002 119, Royal Economic Society.
- Mr. Philip R. Lane & Mr. Gian M Milesi-Ferretti, 2002. "External Wealth, the Trade Balance, and the Real Exchange Rate," IMF Working Papers 2002/051, International Monetary Fund.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2001. "External Wealth, the Trade Balance, and the Real Exchange Rate," Trinity Economics Papers 200121, Trinity College Dublin, Department of Economics.
- Frankel, Jeffrey & Saravelos, George, 2012.
"Can leading indicators assess country vulnerability? Evidence from the 2008–09 global financial crisis,"
Journal of International Economics, Elsevier, vol. 87(2), pages 216-231.
- Saravelo, George & Frankel, Jeffrey A., 2011. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Scholarly Articles 5027952, Harvard Kennedy School of Government.
- Frankel, Jeffrey A. & Saravelos, George, 2012. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Scholarly Articles 9642637, Harvard Kennedy School of Government.
- Frankel, Jeffrey & Saravelos, George, 2011. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Working Paper Series rwp11-024, Harvard University, John F. Kennedy School of Government.
- Bayoumi, Tamim & Gagnon, Joseph & Saborowski, Christian, 2015.
"Official financial flows, capital mobility, and global imbalances,"
Journal of International Money and Finance, Elsevier, vol. 52(C), pages 146-174.
- Mr. Tamim Bayoumi & Mr. Joseph E. Gagnon & Christian Saborowski, 2014. "Official Financial Flows, Capital Mobility, and Global Imbalances," IMF Working Papers 2014/199, International Monetary Fund.
- Tamim Bayoumi & Joseph E. Gagnon & Christian Saborowski, 2014. "Official Financial Flows, Capital Mobility, and Global Imbalances," Working Paper Series WP14-8, Peterson Institute for International Economics.
- Pierre-Olivier Gourinchas & Maurice Obstfeld, 2012.
"Stories of the Twentieth Century for the Twenty-First,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 226-265, January.
- Obstfeld, Maurice & Gourinchas, Pierre-Olivier, 2011. "Stories of the Twentieth Century for the Twenty-First," CEPR Discussion Papers 8518, C.E.P.R. Discussion Papers.
- Gourinchas, Pierre-Olivier & Obstfeld, Maurice, 2011. "Stories of the Twentieth Century for the Twenty-First," Department of Economics, Working Paper Series qt6mq0x1jz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Pierre-Olivier Gourinchas & Maurice Obstfeld, 2011. "Stories of the Twentieth Century for the Twenty-First," NBER Working Papers 17252, National Bureau of Economic Research, Inc.
- Bussière, Matthieu & Cheng, Gong & Chinn, Menzie D. & Lisack, Noëmie, 2015.
"For a few dollars more: Reserves and growth in times of crises,"
Journal of International Money and Finance, Elsevier, vol. 52(C), pages 127-145.
- Matthieu Bussière & Gong Cheng & Menzie D. Chinn & Noëmie Lisack, 2014. "For a Few Dollars More: Reserves and Growth in Times of Crises," NBER Working Papers 19791, National Bureau of Economic Research, Inc.
- M. Bussière & G. Cheng & M. Chinn & N. Lisack, 2015. "For a Few Dollars More: Reserves and Growth in Times of Crises," Working papers 550, Banque de France.
- Luc Laeven & Fabian Valencia, 2020.
"Systemic Banking Crises Database II,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(2), pages 307-361, June.
- Luc Laeven & Fabián Valencia, 2013. "Systemic Banking Crises Database," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(2), pages 225-270, June.
- Joshua Aizenman & Jaewoo Lee, 2008.
"Financial versus Monetary Mercantilism: Long‐run View of Large International Reserves Hoarding,"
The World Economy, Wiley Blackwell, vol. 31(5), pages 593-611, May.
- Joshua Aizenman & Jaewoo Lee, 2006. "Financial Versus Monetary Mercantilism-Long-run View of Large International Reserves Hoarding," NBER Working Papers 12718, National Bureau of Economic Research, Inc.
- Aizenman, Joshua & Lee, Jaewoo, 2007. "Financial versus Monetary Mercantilism-Long-run View of Large International Reserves Hoarding," Santa Cruz Department of Economics, Working Paper Series qt5r95t1xf, Department of Economics, UC Santa Cruz.
- Mr. Jaewoo Lee & Mr. Joshua Aizenman, 2006. "Financial Versus Monetary Mercantilism: Long-Run View of Large International Reserves Hoarding," IMF Working Papers 2006/280, International Monetary Fund.
- Andrés Fernández & Michael W Klein & Alessandro Rebucci & Martin Schindler & Martín Uribe, 2016.
"Capital Control Measures: A New Dataset,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 64(3), pages 548-574, August.
- Andrés Fernández & Mr. Michael W Klein & Mr. Alessandro Rebucci & Mr. Martin Schindler & Martin Uribe, 2015. "Capital Control Measures: A New Dataset," IMF Working Papers 2015/080, International Monetary Fund.
- Fernández Martín, Andrés & Klein, Michael W. & Rebucci, Alessandro & Schindler, Martin & Uribe, Martin, 2015. "Capital Control Measures: A New Dataset," IDB Publications (Working Papers) 6814, Inter-American Development Bank.
- Andrés Fernández & Michael W. Klein & Alessandro Rebucci & Martin Schindler & Martín Uribe, 2015. "Capital Control Measures: A New Dataset," NBER Working Papers 20970, National Bureau of Economic Research, Inc.
- Sebastian Edwards, 2007. "Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences," NBER Books, National Bureau of Economic Research, Inc, number edwa06-1.
- Olivier Blanchard & Gustavo Adler & Irineu de Carvalho Filho, 2015.
"Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks?,"
Working Paper Series
WP15-18, Peterson Institute for International Economics.
- Olivier Blanchard & Gustavo Adler & Irineu de Carvalho Filho, 2015. "Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks?," NBER Working Papers 21427, National Bureau of Economic Research, Inc.
- Mr. Olivier J Blanchard & Gustavo Adler & Mr. Irineu E de Carvalho Filho, 2015. "Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks?," IMF Working Papers 2015/159, International Monetary Fund.
- Joshua Aizenman & Jaewoo Lee, 2007.
"International Reserves: Precautionary Versus Mercantilist Views, Theory and Evidence,"
Open Economies Review, Springer, vol. 18(2), pages 191-214, April.
- Joshua Aizenman & Jaewoo Lee, 2005. "International reserves: precautionary versus mercantilist views, theory and evidence," Proceedings, Federal Reserve Bank of San Francisco.
- Aizenman, Joshua & LEE, JAEWOO, 2005. "International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence," Santa Cruz Center for International Economics, Working Paper Series qt44g3n2j8, Center for International Economics, UC Santa Cruz.
- Aizenman, Joshua & LEE, JAEWOO, 2005. "International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence," Santa Cruz Department of Economics, Working Paper Series qt44g3n2j8, Department of Economics, UC Santa Cruz.
- Aizenman, Joshua & LEE, JAEWOO, 2005. "International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence," Santa Cruz Department of Economics, Working Paper Series qt2tn4w8x6, Department of Economics, UC Santa Cruz.
- Joshua Aizenman & Jaewoo Lee, 2005. "International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence," NBER Working Papers 11366, National Bureau of Economic Research, Inc.
- Dani Rodrik, 2008. "The Real Exchange Rate and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 365-439.
- Jeanne, Olivier & Korinek, Anton, 2019.
"Managing credit booms and busts: A Pigouvian taxation approach,"
Journal of Monetary Economics, Elsevier, vol. 107(C), pages 2-17.
- Jeanne, Olivier & Korinek, Anton, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," CEPR Discussion Papers 8015, C.E.P.R. Discussion Papers.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," NBER Working Papers 16377, National Bureau of Economic Research, Inc.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 045ab049-f4e4-428e-8495-1, Tilburg University, School of Economics and Management.
- Olivier Jeanne & Anton Korinek, 2010. "Managing Credit Booms and Busts: A Pigouvian Taxation Approach," Working Paper Series WP10-12, Peterson Institute for International Economics.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Discussion Paper 2010-108S, Tilburg University, Center for Economic Research.
- Jeanne, O. & Korinek, A., 2010. "Managing Credit Booms and Busts : A Pigouvian Taxation Approach," Other publications TiSEM 8593f3f8-b0cb-48d2-b7e1-9, Tilburg University, School of Economics and Management.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric Young, 2012.
"Capital controls or exchange rate policy? a pecuniary externality perspective,"
Working Papers
2012-025, Federal Reserve Bank of St. Louis.
- Christopher Otrok & Gianluca Benigno & Huigang Chen & Alessandro Rebucci & Eric R. Young, 2012. "Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective," Working Papers 1209, Department of Economics, University of Missouri.
- Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2012. "Capital controls or exchange rate policy? A pecuniary externality perspective," LSE Research Online Documents on Economics 51505, London School of Economics and Political Science, LSE Library.
- Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2012. "Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective," CEP Discussion Papers dp1160, Centre for Economic Performance, LSE.
- Korinek, Anton & Servén, Luis, 2016.
"Undervaluation through foreign reserve accumulation: Static losses, dynamic gains,"
Journal of International Money and Finance, Elsevier, vol. 64(C), pages 104-136.
- Korinek, Anton & Serven, Luis, 2010. "Undervaluation through foreign reserve accumulation : static losses, dynamic gains," Policy Research Working Paper Series 5250, The World Bank.
- Anton Korinek, 2016.
"Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation,"
NBER Working Papers
23004, National Bureau of Economic Research, Inc.
- Mr. Anton Korinek, 2017. "Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation," IMF Working Papers 2017/025, International Monetary Fund.
- Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2007.
"The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970-2004,"
Journal of International Economics, Elsevier, vol. 73(2), pages 223-250, November.
- Philip R. Lane & Gian Maria Milesi-Ferretti, 2006. "The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities,1970–2004," The Institute for International Integration Studies Discussion Paper Series iiisdp126, IIIS.
- Milesi-Ferretti, Gian Maria & Lane, Philip, 2006. "The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970-2004," CEPR Discussion Papers 5644, C.E.P.R. Discussion Papers.
- Mr. Philip R. Lane & Mr. Gian M Milesi-Ferretti, 2006. "The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970–2004," IMF Working Papers 2006/069, International Monetary Fund.
- Atish R. Ghosh & Jonathan D. Ostry & Charalambos G. Tsangarides, 2017.
"Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 308-364, June.
- Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mr. Charalambos G Tsangarides, 2012. "Shifting Motives: Explaining the Buildup in official Reserves in Emerging Markets Since the 1980's," IMF Working Papers 2012/034, International Monetary Fund.
- Michaud, Amanda & Rothert, Jacek, 2014.
"Optimal borrowing constraints and growth in a small open economy,"
Journal of International Economics, Elsevier, vol. 94(2), pages 326-340.
- Jacek Rothert & Amanda Michaud, 2011. "Optimal Borrowing Constraints and Growth in a Small Open Economy," Department of Economics Working Papers 130225, The University of Texas at Austin, Department of Economics, revised Feb 2013.
- Adler, Gustavo & Lisack, Noëmie & Mano, Rui C., 2019.
"Unveiling the effects of foreign exchange intervention: A panel approach,"
Emerging Markets Review, Elsevier, vol. 40(C), pages 1-1.
- Gustavo Adler & Noemie Lisack & Rui Mano, 2015. "Unveiling the Effects of Foreign Exchange Intervention: A Panel Approach," IMF Working Papers 2015/130, International Monetary Fund.
- Hur, Sewon & Kondo, Illenin O., 2016.
"A theory of rollover risk, sudden stops, and foreign reserves,"
Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
- Sewon Hur & Illenin O. Kondo, 2013. "A theory of rollover risk, sudden stops, and foreign reserves," International Finance Discussion Papers 1073, Board of Governors of the Federal Reserve System (U.S.).
- Lane, Philip & Milesi-Ferretti, Gian Maria, "undated". "External Wealth of Nations," Instructional Stata datasets for econometrics extwealth, Boston College Department of Economics.
- Barro, Robert J. & Lee, Jong Wha, 2013.
"A new data set of educational attainment in the world, 1950–2010,"
Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
- Robert J. Barro & Jong-Wha Lee, 2010. "A New Data Set of Educational Attainment in the World, 1950-2010," NBER Working Papers 15902, National Bureau of Economic Research, Inc.
- Maurice Obstfeld & Jay C. Shambaugh & Alan M. Taylor, 2009.
"Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008,"
American Economic Review, American Economic Association, vol. 99(2), pages 480-486, May.
- Maurice Obstfeld & Jay C. Shambaugh & Alan M. Taylor, 2009. "Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008," NBER Working Papers 14826, National Bureau of Economic Research, Inc.
- Glick, Reuven & Hutchison, Michael, 2011.
"The illusive quest: Do international capital controls contribute to currency stability?,"
International Review of Economics & Finance, Elsevier, vol. 20(1), pages 59-70, January.
- Reuven Glick & Michael M. Hutchison, 2010. "The illusive quest: do international capital controls contribute to currency stability?," Working Paper Series 2010-15, Federal Reserve Bank of San Francisco.
- Dennis P. Quinn & A. Maria Toyoda, 2008. "Does Capital Account Liberalization Lead to Growth?," The Review of Financial Studies, Society for Financial Studies, vol. 21(3), pages 1403-1449, May.
- M Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009.
"Financial Globalization: A Reappraisal,"
IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 8-62, April.
- M. Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009. "Financial Globalization: A Reappraisal," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(2), pages 143-197, June.
- Mr. Ayhan Kose & Mr. Eswar S Prasad & Mr. Kenneth Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," IMF Working Papers 2006/189, International Monetary Fund.
- Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2006. "Financial Globalization: A Reappraisal," CEPR Discussion Papers 5842, C.E.P.R. Discussion Papers.
- M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," NBER Working Papers 12484, National Bureau of Economic Research, Inc.
- Hume, David, 1742. "On the Balance of Trade," Histoy of Economic Thought Chapters, in: Essays, Moral and Political, McMaster University Archive for the History of Economic Thought.
- Andrés Fernández & Michael W Klein & Alessandro Rebucci & Martin Schindler & Martín Uribe, 2016.
"Capital Control Measures: A New Dataset,"
IMF Economic Review,
Palgrave Macmillan;International Monetary Fund, vol. 64(3), pages 548-574, August.
- Andrés Fernández & Michael W. Klein & Alessandro Rebucci & Martin Schindler & Martin Uribe, 2015. "Capital Control Measures; A New Dataset," IMF Working Papers 15/80, International Monetary Fund.
- Andrés Fernández Martín & Michael W. Klein & Alessandro Rebucci & Martin Schindler & Martin Uribe, 2015. "Capital Control Measures: A New Dataset," IDB Publications (Working Papers) 88195, Inter-American Development Bank.
- Andrés Fernández & Michael W. Klein & Alessandro Rebucci & Martin Schindler & Martín Uribe, 2015. "Capital Control Measures: A New Dataset," NBER Working Papers 20970, National Bureau of Economic Research, Inc.
- Ethan Ilzetzki & Carmen M Reinhart & Kenneth S Rogoff, 2019. "Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(2), pages 599-646.
- Ilzetzki, Ethan & Reinhart, Carmen M. & Rogoff, Kenneth S., 2019. "Exchange arrangements entering the twenty-first century: which anchor will hold?," LSE Research Online Documents on Economics 88184, London School of Economics and Political Science, LSE Library.
- Sebastian Edwards, 2007. "Introduction to "Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences"," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 1-18, National Bureau of Economic Research, Inc. Full references (including those not matched with items on IDEAS)
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:- Aizenman, Joshua & Ho, Sy-Hoa & Huynh, Luu Duc Toan & Saadaoui, Jamel & Uddin, Gazi Salah, 2024.
"Real exchange rate and international reserves in the era of financial integration,"
Journal of International Money and Finance, Elsevier, vol. 141(C).
- Joshua Aizenman & Sy-Hoa Ho & Luu Duc Toan Huynh & Jamel Saadaoui & Gazi Salah Uddin, 2023. "Real Exchange Rate and International Reserves in the Era of Financial Integration," NBER Working Papers 30891, National Bureau of Economic Research, Inc.
- Joshua Aizenman & Sy-Hoa Ho & Luu Duc Toan Huynh & Jamel Saadaoui & Gazi Salah Uddin, 2023. "Real exchange rate and international reserves in the era of financial integration," Working Papers of BETA 2023-07, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Sy-Hoa Ho & Luu Duc Toan Huynh & Jamel Saadaoui & Gazi Uddin & Joshua Azienman, 2023. "Real exchange rate and international reserves in the era of financial integration," French Stata Users' Group Meetings 2023 18, Stata Users Group.
- Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series wp-2017-171, World Institute for Development Economic Research (UNU-WIDER).
- Nicolás Oviedo, 2022. "Deficit fiscal y tipo de cambio fijo: racionalizando una combinación insostenible," Young Researchers Working Papers 3, Universidad de San Andres, Departamento de Economia, revised Oct 2022.
- Bergin, Paul R., 2022.
"Currency undervaluation and comparative advantage,"
European Economic Review, Elsevier, vol. 150(C).
- Paul Bergin, 2022. "Currency Undervaluation and Comparative Advantage," NBER Working Papers 29699, National Bureau of Economic Research, Inc.
- Michael Fidora & Claire Giordano & Martin Schmitz, 2021.
"Real Exchange Rate Misalignments in the Euro Area,"
Open Economies Review, Springer, vol. 32(1), pages 71-107, February.
- Fidora, Michael & Giordano, Claire & Schmitz, Martin, 2017. "Real exchange rate misalignments in the euro area," Working Paper Series 2108, European Central Bank.
- Michael Fidora & Claire Giordano & Martin Schmitz, 2018. "Real exchange rate misalignments in the euro area," Temi di discussione (Economic working papers) 1162, Bank of Italy, Economic Research and International Relations Area.
- Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series 171, World Institute for Development Economic Research (UNU-WIDER).
- Luis Cabezas & José Gregorio, 2019. "Accumulation of reserves in emerging and developing countries: mercantilism versus insurance," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(4), pages 819-857, November.
- Jean‐Pierre Allegret & Audrey Allegret, 2019.
"Did foreign exchange holding influence growth performance during the global financial crisis?,"
The World Economy, Wiley Blackwell, vol. 42(3), pages 680-710, March.
- Jean-Pierre Allegret & Audrey Allegret-Sallenave, 2019. "Did Foreign Exchange Holding Influence Growth Performance During The Global Financial Crisis?," Post-Print hal-01820698, HAL.
- Audrey Allegret Sallenave & Jean-Pierre Allegret, 2019. "Did Foreign Exchange Holding Influence Growth Performance During the Global Financial Crisis?," Post-Print hal-03573567, HAL.
- Dąbrowski, Marek A., 2019. "A new approach to estimation of actively managed component of foreign exchange reserves," MPRA Paper 95280, University Library of Munich, Germany.
- Woo Jin Choi & Ju Hyun Pyun & Youngjin Yun, 2020. "Reserve Accumulation and Firm Investment: Evidence from Matched Bank–Firm Data," GRU Working Paper Series GRU_2020_027, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Dąbrowski, Marek A., 2021. "A novel approach to the estimation of an actively managed component of foreign exchange reserves," Economic Modelling, Elsevier, vol. 96(C), pages 83-95.
- Lee, Sang Seok & Luk, Paul, 2018. "The Asian Financial Crisis and international reserve accumulation: A robust control approach," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 284-309.
- Daniel Fried, 2023. "The U.S. Dollar as an International Currency and Its Economic Effects: Working Paper 2023-04," Working Papers 58764, Congressional Budget Office.
- Tullio Gregori & Marco Giansoldati, 2023. "Do current and capital account liberalizations affect economic growth in the long run?," Empirical Economics, Springer, vol. 65(1), pages 247-273, July.
- Luis Cabezas & José De Gregorio, 2018. "Accumulation of Reserves in Emerging and Developing Countries: Mercantilism vs. Insurance," Working Papers wp467, University of Chile, Department of Economics.
- Yahui Yang & Zhe Peng, 2024. "Openness and Real Exchange Rate Volatility: Evidence from China," Open Economies Review, Springer, vol. 35(1), pages 121-158, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sebastián Fanelli & Ludwig Straub, 2021.
"A Theory of Foreign Exchange Interventions [The Cost of Foreign Exchange Intervention: Concepts and Measurement],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(6), pages 2857-2885.
- Sebastian Fanelli & Ludwig Straub, 2018. "A Theory of Foreign Exchange Interventions," 2018 Meeting Papers 1270, Society for Economic Dynamics.
- Sebastián Fanelli & Ludwig Straub, 2020. "A Theory of Foreign Exchange Interventions," Working Papers wp2020_2019, CEMFI.
- Sebastián Fanelli & Ludwig Straub, 2020. "A Theory of Foreign Exchange Interventions," NBER Working Papers 27872, National Bureau of Economic Research, Inc.
- Hur, Sewon & Kondo, Illenin O., 2016.
"A theory of rollover risk, sudden stops, and foreign reserves,"
Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
- Sewon Hur & Illenin O. Kondo, 2013. "A theory of rollover risk, sudden stops, and foreign reserves," International Finance Discussion Papers 1073, Board of Governors of the Federal Reserve System (U.S.).
- Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2018. "Taming the Tide of Capital Flows: A Policy Guide," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262037165, April.
- Benigno, Gianluca & Fornaro, Luca & Wolf, Martin, 2022.
"Reserve accumulation, growth and financial crises,"
Journal of International Economics, Elsevier, vol. 139(C).
- Benigno, Gianluca & Fornaro, Luca, 2012. "Reserve Accumulation, Growth and Financial Crises," CEPR Discussion Papers 9224, C.E.P.R. Discussion Papers.
- Gianluca Benigno & Luca Fornaro & Michael Wolf, 2021. "Reserve Accumulation, Growth and Financial Crises," Working Papers 1279, Barcelona School of Economics.
- Gianluca Benigno & Luca Fornaro & Martin Wolf, 2012. "Reserve accumulation, growth and financial crises," Economics Working Papers 1795, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2022.
- Gianluca Benigno & Luca Fornaro, 2012. "Reserve Accumulation, Growth and Financial Crises," CEP Discussion Papers dp1161, Centre for Economic Performance, LSE.
- Benigno, Gianluca & Fornaro, Luca, 2012. "Reserve accumulation, growth and financial crises," LSE Research Online Documents on Economics 51506, London School of Economics and Political Science, LSE Library.
- Javier Bianchi & Guido Lorenzoni, 2021.
"The Prudential Use of Capital Controls and Foreign Currency Reserves,"
Working Papers
787, Federal Reserve Bank of Minneapolis.
- Javier Bianchi & Guido Lorenzoni, 2021. "The Prudential Use of Capital Controls and Foreign Currency Reserves," NBER Working Papers 29476, National Bureau of Economic Research, Inc.
- Dongwon Lee, 2023.
"International cooperation in foreign reserve policies in the presence of competitive hoarding,"
Review of International Economics, Wiley Blackwell, vol. 31(2), pages 389-412, May.
- Dongwon Lee, 2020. "International Cooperation in Foreign Reserve Policies in the Presence of Competitive Hoarding," Working Papers 202011, University of California at Riverside, Department of Economics.
- Bussière, Matthieu & Cheng, Gong & Chinn, Menzie D. & Lisack, Noëmie, 2015.
"For a few dollars more: Reserves and growth in times of crises,"
Journal of International Money and Finance, Elsevier, vol. 52(C), pages 127-145.
- Matthieu Bussière & Gong Cheng & Menzie D. Chinn & Noëmie Lisack, 2014. "For a Few Dollars More: Reserves and Growth in Times of Crises," NBER Working Papers 19791, National Bureau of Economic Research, Inc.
- M. Bussière & G. Cheng & M. Chinn & N. Lisack, 2015. "For a Few Dollars More: Reserves and Growth in Times of Crises," Working papers 550, Banque de France.
- Cheng, Gong, 2015.
"A Growth Perspective On Foreign Reserve Accumulation,"
Macroeconomic Dynamics, Cambridge University Press, vol. 19(6), pages 1358-1379, September.
- Cheng, Gong, 2011. "A Growth Perspective on Foreign Reserve Accumulation," MPRA Paper 46668, University Library of Munich, Germany, revised 01 Mar 2013.
- Cheng, G., 2013. "A Growth Perspective on Foreign Reserve Accumulation," Working papers 443, Banque de France.
- Hidehiko Matsumoto, 2022.
"Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 241-262, January.
- Hidehiko Matsumoto, 2019. "Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth," IMES Discussion Paper Series 19-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
- Hidehiko Matsumoto, 2021. "Online Appendix to "Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth"," Online Appendices 19-52, Review of Economic Dynamics.
- Hidehiko Matsumoto, 2021. "Code and data files for "Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth"," Computer Codes 19-52, Review of Economic Dynamics.
- Chokri Zehri, 2020. "Policies for managing sudden stops," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 9-33.
- Alexander Mihailov & Harun Nasir, 2022.
"Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies,"
Open Economies Review, Springer, vol. 33(5), pages 825-851, November.
- Alexander Mihailov & Harun Nasir, 2020. "Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies," Economics Discussion Papers em-dp2020-24, Department of Economics, University of Reading.
- Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
- Steiner, Andreas, 2013.
"The accumulation of foreign exchange by central banks: Fear of capital mobility?,"
Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 409-427.
- Andreas Steiner, 2010. "The Accumulation of Foreign Exchange by Central Banks: Fear of Capital Mobility?," IEER Working Papers 85, Institute of Empirical Economic Research, Osnabrueck University.
- Norring, Anni, 2022. "Taming the tides of capital: Review of capital controls and macroprudential policy in emerging economies," BoF Economics Review 1/2022, Bank of Finland.
- Gourinchas, Pierre-Olivier & Rey, Hélène, 2014.
"External Adjustment, Global Imbalances, Valuation Effects,"
Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 585-645,
Elsevier.
- Gourinchas, Pierre-Olivier & Rey, Helene, 2014. "External Adjustment, Global Imbalances, Valuation Effects," Department of Economics, Working Paper Series qt2k77x6tn, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Guzman, Martin & Ocampo, Jose Antonio & Stiglitz, Joseph E., 2018.
"Real exchange rate policies for economic development,"
World Development, Elsevier, vol. 110(C), pages 51-62.
- Martin Guzman & José Antonio Ocampo & Joseph E. Stiglitz, 2017. "Real Exchange Rate Policies for Economic Development," NBER Working Papers 23868, National Bureau of Economic Research, Inc.
- Flora Lutz & Leopold Zessner-Spitzenberg, 2019. "Sudden Stops and Reserve Accumulation in the Presence of International Liquidity Risk," Vienna Economics Papers 1907, University of Vienna, Department of Economics.
- Flora Lutz & Leopold Zessner-Spitzenberg, 2019. "Sudden Stops and Reserve Accumulation in the Presence of International Liquidity Risk," Vienna Economics Papers vie1907, University of Vienna, Department of Economics.
- Pina, Gonçalo, 2017. "International reserves and global interest rates," Journal of International Money and Finance, Elsevier, vol. 74(C), pages 371-385.
- Georgiadis, Georgios & Jančoková, Martina, 2020.
"Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks,"
Journal of Economic Dynamics and Control, Elsevier, vol. 121(C).
- Georgiadis, Georgios & Jančoková, Martina, 2017. "Financial globalisation, monetary policy spillovers and macro-modelling: tales from 1001 shocks," Working Paper Series 2082, European Central Bank.
- Georgios Georgiadis & Martina Jancokova, 2017. "Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks," GRU Working Paper Series GRU_2017_008, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Georgios Georgiadis & Martina Jancokova, 2017. "Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks," Globalization Institute Working Papers 314, Federal Reserve Bank of Dallas.
More about this item
Keywords
International reserves; Capital controls; Real exchange rates; Trade; Economic growth;
All these keywords.JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:inecon:v:139:y:2022:i:c:s0022199622000812. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505552 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.