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Atish Ghosh

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Panizza, Ugo & Fatás, Antonio & Ghosh, Atish R. & ,, 2019. "The Motives to Borrow," CEPR Discussion Papers 13735, C.E.P.R. Discussion Papers.

    Cited by:

    1. Bayale, Nimonka & Tchagnao, Abdou-Fataou & Chavula, Hopestone Kayiska, 2020. "More elections, more burden? On the relationship between elections and public debt in Africa," MPRA Paper 101744, University Library of Munich, Germany.
    2. Jean-Louis Combes & Bao-We-Wal Bambe & Ablam Estel Apeti, 2023. "On the Macroeconomic Effects of Fiscal Reforms: Fiscal Rules and Public Expenditure Efficiency," Working Papers hal-04638959, HAL.
    3. Ignat Ignatov, 2021. "Unravelling the EU Debt Knot Over 2000-2019: An Injection-Leakage Approach," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 49-71.
    4. Marta Gómez-Puig & Simón Sosvilla-Rivero & Inmaculada Martínez-Zarzoso, 2019. "Re-examining the debt-growth nexus: A grouped fixed-effect approach," Documentos de Trabajo del ICAE 2019-21, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    5. Apeti, Ablam Estel & Bambe, Bao-We-Wal & Combes, Jean-Louis & Edoh, Eyah Denise, 2024. "Original sin: Fiscal rules and government debt in foreign currency in developing countries," Journal of Macroeconomics, Elsevier, vol. 80(C).
    6. Tony Addison & Alan R. Roe, 2024. "Extractive industries: recognizing and managing the risks in resource-dependent economies," WIDER Working Paper Series wp-2024-27, World Institute for Development Economic Research (UNU-WIDER).
    7. Gómez-Puig, Marta & Sosvilla-Rivero, Simón & Martínez-Zarzoso, Inmaculada, 2022. "On the heterogeneous link between public debt and economic growth," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    8. Willem Vanlaer & Mattia Picarelli & Wim Marneffe, 2021. "Debt and Private Investment: Does the EU Suffer from a Debt Overhang?," Open Economies Review, Springer, vol. 32(4), pages 789-820, September.
    9. Mahieddine Adnan Ghecham, 2020. "Further attempt to explain the oil curse mechanism using a debt overhang concept," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(4), pages 852-868, October.
    10. Palanca, Thais & João Ricardo, Costa Filho, 2020. "Frankfurt becomes the new city: impactos macro-financeiros do Brexit na Alemanha [Frankfurt becomes the new city: Brexit's macro-financial impacts on Germany]," MPRA Paper 100494, University Library of Munich, Germany.
    11. Kantorowicz, Jaroslaw & Collewet, Marion & DiGiuseppe, Matthew & Vrijburg, Hendrik, 2024. "How to finance green investments? The role of public debt," Energy Policy, Elsevier, vol. 184(C).
    12. Bernardini, Marco & Forni, Lorenzo, 2020. "Private and public debt interlinkages in bad times," Journal of International Money and Finance, Elsevier, vol. 109(C).

  2. Zineddine Alla & Mr. Raphael A Espinoza & Mr. Atish R. Ghosh, 2017. "FX Intervention in the New Keynesian Model," IMF Working Papers 2017/207, International Monetary Fund.

    Cited by:

    1. Jalali Naini, Ahmad Reza & Naderian, Mohammad Amin, 2017. "Financial Vulnerability and Stabilization Policy in Commodity Exporting Emerging Economies," MPRA Paper 84481, University Library of Munich, Germany.
    2. Solikin M. Juhro, 2023. "Future Central Banking In Emerging Market Economies," Working Papers WP/01/2023, Bank Indonesia.
    3. Viziniuc, Mădălin, 2021. "Winners and losers of central bank foreign exchange interventions," Economic Modelling, Elsevier, vol. 94(C), pages 748-767.
    4. Ghiaie, Hamed & Tabarraei, Hamid Reza & Tavakolian, Hossein, 2022. "Alternative monetary policy regimes in an oil-exporting economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 83(C), pages 161-177.
    5. 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.

  3. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mahvash S Qureshi, 2017. "Managing the Tide: How Do Emerging Markets Respond to Capital Flows?," IMF Working Papers 2017/069, International Monetary Fund.

    Cited by:

    1. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
    2. 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.
    3. 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.
    4. Matschke, Johannes & Lovchikova, Marina, 2022. "Capital Controls and the Global Financial Cycle," VfS Annual Conference 2022 (Basel): Big Data in Economics 264039, Verein für Socialpolitik / German Economic Association.
    5. Mr. Eugenio M Cerutti & Haonan Zhou, 2018. "Cross-border Banking and the Circumvention of Macroprudential and Capital Control Measures," IMF Working Papers 2018/217, International Monetary Fund.
    6. Marcel Fratzscher & Tobias Heidland & Lukas Menkhoff & Lucio Sarno & Maik Schmeling, 2020. "Foreign Exchange Intervention: A New Database," Discussion Papers of DIW Berlin 1915, DIW Berlin, German Institute for Economic Research.
    7. Lukas Menkhoff & Malte Rieth & Tobias Stöhr, 2020. "The Dynamic Impact of FX Interventions on Financial Markets," Discussion Papers of DIW Berlin 1854, DIW Berlin, German Institute for Economic Research.
    8. Shigeto Kitano & Kenya Takaku, 2017. "Capital Controls, Macroprudential Regulation,and the Bank Balance Sheet Channel," Discussion Paper Series DP2017-18, Research Institute for Economics & Business Administration, Kobe University, revised Jan 2019.
    9. Mircea Epure & Irina Mihai & Ms. Camelia Minoiu & José-Luis Peydró, 2018. "Household Credit, Global Financial Cycle, and Macroprudential Policies: Credit Register Evidence from an Emerging Country," IMF Working Papers 2018/013, International Monetary Fund.
    10. Pierre-Richard Agénor & Luiz Awazu Pereira da Silva, 2021. "Macroeconomic policy under a managed float: a simple integrated framework," BIS Working Papers 964, Bank for International Settlements.
    11. Kathryn M. E. Dominguez, 2020. "Revisiting Exchange Rate Rules," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(3), pages 693-719, September.
    12. Pierre-Richard Agénor & Timothy Jackson & Luiz Awazu Pereira da Silva, 2020. "Foreign exchange intervention and financial stability," BIS Working Papers 889, Bank for International Settlements.
    13. Cecchetti, Stephen G. & Narita, Machiko & Rawat, Umang & Sahay, Ratna, 2023. "Addressing Spillovers from Prolonged U.S. Monetary Policy Easing," Journal of Financial Stability, Elsevier, vol. 64(C).
    14. Agénor, Pierre-Richard & Jia, Pengfei, 2020. "Capital controls and welfare with cross-border bank capital flows," Journal of Macroeconomics, Elsevier, vol. 65(C).
    15. Bilge Erten & Anton Korinek & José Antonio Ocampo, 2019. "Capital Controls: Theory and Evidence," NBER Working Papers 26447, National Bureau of Economic Research, Inc.
    16. Stephen Grenville, 2021. "The International Monetary Fund and capital flows," Departmental Working Papers 2021-16, The Australian National University, Arndt-Corden Department of Economics.
    17. Rui Mano & Ms. Silvia Sgherri, 2020. "One Shock, Many Policy Responses," IMF Working Papers 2020/010, International Monetary Fund.
    18. Bank for International Settlements, 2021. "Changing patterns of capital flows," CGFS Papers, Bank for International Settlements, number 66, december.
    19. Pierre-Richard Agénor & Luiz Awazu Pereira da Silva, 2019. "Global Banking, Financial Spillovers, and Macroprudential Policy Coordination," BIS Working Papers 764, Bank for International Settlements.
    20. Obstfeld, Maurice & Ostry, Jonathan D. & Qureshi, Mahvash S., 2017. "A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies," CEPR Discussion Papers 12093, C.E.P.R. Discussion Papers.
    21. Bergant, Katharina & Forbes, Kristin, 2023. "Policy packages and policy space: Lessons from COVID-19☆," European Economic Review, Elsevier, vol. 158(C).
    22. Sanyal, Anirban, 2022. "Capital Control and Heterogeneous Impact on Capital Flows," EconStor Preprints 261300, ZBW - Leibniz Information Centre for Economics.
    23. André Moreira Cunha & Daniela Magalhães Prates & Pedro Perfeito da Silva, 2020. "External Financial Liberalization and Macroeconomic Performance in Emerging Countries: An Empirical Evaluation of the Brazilian Case," Development and Change, International Institute of Social Studies, vol. 51(5), pages 1225-1245, September.
    24. Stephanie Guichard, 2017. "10 Years after the Global Financial Crisis: What Have We Learnt About International Capital Flows?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-30, October.
    25. Jeanne, Olivier, 2022. "Rounding the corners of the trilemma: A simple framework," Journal of International Money and Finance, Elsevier, vol. 122(C).
    26. Dimitrios Kenourgios & Zaghum Umar & Paraskevi Lemonidi, 2020. "On the effect of credit rating announcements on sovereign bonds: International evidence," International Economics, CEPII research center, issue 163, pages 58-71.
    27. Forbes, Kristin & Bergant, Katharina, 2021. "Macroprudential Policy during COVID-19: The Role of Policy Space," CEPR Discussion Papers 16607, C.E.P.R. Discussion Papers.
    28. Binici, Mahir & Das, Mitali, 2021. "Recalibration of capital controls: Evidence from the IMF taxonomy," Journal of International Money and Finance, Elsevier, vol. 110(C).
    29. Siwińska-Gorzelak, Joanna, 2024. "The impact of fiscal rules on cross-border bank claims," International Review of Financial Analysis, Elsevier, vol. 91(C).
    30. Zineddine Alla & Mr. Raphael A Espinoza & Mr. Atish R. Ghosh, 2017. "FX Intervention in the New Keynesian Model," IMF Working Papers 2017/207, International Monetary Fund.
    31. Samano, Agustin, 2022. "International reserves and central bank independence," Journal of International Economics, Elsevier, vol. 139(C).
    32. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2022. "Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination," International Economics and Economic Policy, Springer, vol. 19(1), pages 79-127, February.
    33. Xiaoyu Liu & Xiao Zhang, 2023. "Are there financial stability gains from international macroprudential policy coordination?," Australian Economic Papers, Wiley Blackwell, vol. 62(4), pages 575-596, December.
    34. Mircea Epure & Irina Mihai & Camelia Minoiu & José-Luis Peydró, 2017. "Global Financial Cycle, Household Credit, and Macroprudential Policies," Working Papers 1006, Barcelona School of Economics.
    35. Kolasa, Marcin & Wesołowski, Grzegorz, 2023. "Quantitative easing in the US and financial cycles in emerging markets," Journal of Economic Dynamics and Control, Elsevier, vol. 149(C).
    36. Valerio Nispi Landi, 2017. "Capital controls, macroprudential measures and monetary policy interactions in an emerging economy," Temi di discussione (Economic working papers) 1154, Bank of Italy, Economic Research and International Relations Area.
    37. Mr. David J Hofman & Mr. Marcos d Chamon & Mr. Pragyan Deb & Mr. Thomas Harjes & Umang Rawat & Itaru Yamamoto, 2020. "Intervention Under Inflation Targeting--When Could It Make Sense?," IMF Working Papers 2020/009, International Monetary Fund.
    38. Shiu‐Sheng Chen & Tzu‐Yu Lin, 2019. "Do Exchange Rate Shocks Have Asymmetric Effects on Reserve Accumulation? Evidence from Emerging Markets," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1561-1586, October.
    39. Oberholzer Merwe & Omotoso Matthew Olubayo & Schutte Danie & Buys Pieter, 2022. "The Relative Success of IFRS Adopted African Countries to Attract Foreign Investment," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 67(1), pages 44-62, April.
    40. Jörg Bibow, 2019. "Zur US Dollar Hegemonie: Ein Blick zurück - und in die Zukunft," FMM Working Paper 48-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    41. Michael Abendschein & Harry Gölz, 2021. "International cooperation on financial market regulation," International Economics and Economic Policy, Springer, vol. 18(4), pages 787-824, October.
    42. Jorg Bibow, 2019. "Evolving International Monetary and Financial Architecture and the Development Challenge: A Liquidity Preference Theoretical Perspective," Economics Working Paper Archive wp_935, Levy Economics Institute.
    43. Smita Roy Trivedi, 2021. "Political Stability and the Effectiveness of Currency Based Macro Prudential Measures," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 28(2), pages 319-332, June.
    44. Anton V. Navoy, 2018. "Concept of the Exchange Rate Policy and Capital Control of the National Economy in Terms of Global Finance Instability," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 71-86, February.
    45. Apoorv Bhargava & Romain Bouis & Annamaria Kokenyne & Manuel Perez-Archila & Umang Rawat & Ms. Ratna Sahay, 2023. "Do Capital Controls Limit Inflow Surges?," IMF Working Papers 2023/050, International Monetary Fund.
    46. Oguzhan Ozcelebi & Kaya Tokmakcioglu & Emre Su, 2021. "Revisiting the asymmetric impacts of the exchange market pressure on the inflation, interest rate and foreign trade balance in Eastern Europe," Empirical Economics, Springer, vol. 61(5), pages 2517-2538, November.
    47. Devin T. Rafferty, 2020. "The “New†Neoclassical International Political Economy of Macroprudential Regulation and Capital Controls: “Style†over “Substanceâ€," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(4), pages 662-672, December.
    48. Cavallaro, Eleonora & Cutrini, Eleonora, 2019. "Distance and beyond: What drives financial flows to emerging economies?," Economic Modelling, Elsevier, vol. 81(C), pages 533-550.

  4. Mr. Atish R. Ghosh & Mahvash S Qureshi, 2016. "What’s In a Name? That Which We Call Capital Controls," IMF Working Papers 2016/025, International Monetary Fund.

    Cited by:

    1. Schioppa, Claudio A. & Papadia, Andrea, 2015. "Foreign Debt and Secondary Markets: The Case of Interwar Germany," MPRA Paper 102863, University Library of Munich, Germany, revised 2016.
    2. Makram El-Shagi & Steven Yamarik, 2018. "IMF Conditionality and Capital Controls: Capital Account Liberalization to Capital Inflow Management?," CFDS Discussion Paper Series 2018/6, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
    3. Calò, Silvia & Herzberg, Valerie, 2019. "The Future of Global Financial Centres after Brexit: an EU Perspective," Financial Stability Notes 9/FS/19, Central Bank of Ireland.
    4. Andrzej Wojtyna, 2017. "Nowa faza dyskusji o kontroli międzynarodowych przepływów kapitału," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 6, pages 5-29.
    5. Andrew Mushita & Carol Thompson, 2019. "Farmers’ Seed Systems in Southern Africa: Alternatives to Philanthrocapitalism," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 8(3), pages 391-413, December.
    6. Girardin, Eric & Salimi Namin, Fatemeh, 2019. "The January effect in the foreign exchange market: Evidence for seasonal equity carry trades," Economic Modelling, Elsevier, vol. 81(C), pages 422-439.
    7. Koddenbrock, Kai & Sylla, Ndongo Samba, 2019. "Towards a political economy of monetary dependency: The case of the CFA franc in West Africa," MaxPo Discussion Paper Series 19/2, Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo).
    8. Andrea Papadia & Claudio A. Schioppa, 2024. "Foreign Debt, Capital Controls, and Secondary Markets: Theory and Evidence from Nazi Germany," Journal of Political Economy, University of Chicago Press, vol. 132(6), pages 2074-2112.
    9. Willem Vanlaer & Mattia Picarelli & Wim Marneffe, 2021. "Debt and Private Investment: Does the EU Suffer from a Debt Overhang?," Open Economies Review, Springer, vol. 32(4), pages 789-820, September.
    10. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.

  5. Zineddine Alla & Mr. Raphael A Espinoza & Mr. Atish R. Ghosh, 2016. "Unconventional Policy Instruments in the New Keynesian Model," IMF Working Papers 2016/058, International Monetary Fund.

    Cited by:

    1. Zineddine Alla, 2017. "Optimal policies in international macroeconomics [Politiques optimales en macroéconomie internationale]," SciencePo Working papers Main tel-03436551, HAL.
    2. Jeanne, Olivier, 2022. "Rounding the corners of the trilemma: A simple framework," Journal of International Money and Finance, Elsevier, vol. 122(C).
    3. Bank for International Settlements, 2019. "Unconventional monetary policy tools: a cross-country analysis," CGFS Papers, Bank for International Settlements, number 63, december.
    4. Harrison, Richard, 2017. "Optimal quantitative easing," Bank of England working papers 678, Bank of England.
    5. Harrison, Richard, 2024. "Optimal quantitative easing and tightening," Bank of England working papers 1063, Bank of England.

  6. Ghosh, Atish R. & Qureshi, Mahvash S., 2016. "Capital Inflow Surges and Consequences," ADBI Working Papers 585, Asian Development Bank Institute.

    Cited by:

    1. Bortz Pablo Gabriel & Michelena Gabriel & Toledo Fernando, 2018. "Foreign debt, conflicting claims and income policies in a Kaleckian model of growth and distribution," Journal of Globalization and Development, De Gruyter, vol. 9(1), pages 1-22, June.
    2. Stephanie Guichard, 2017. "10 Years after the Global Financial Crisis: What Have We Learnt About International Capital Flows?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-30, October.
    3. Çakır, Muhammet Sait & Aydemir, Resul, 2022. "A Dutch disease approach into the premature deindustrialization," Economic Systems, Elsevier, vol. 46(4).
    4. De,Supriyo & Mohapatra,Sanket & Ratha,Dilip K., 2020. "Sovereign Credit Ratings, Relative Risk Ratings, and Private Capital Flows," Policy Research Working Paper Series 9401, The World Bank.
    5. Majumder, Sayantan Bandhu, 2021. "Is Capital flow in India expansionary or contractionary?," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(4), pages 121-135, December.

  7. Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2015. "Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence," NBER Working Papers 21619, National Bureau of Economic Research, Inc.

    Cited by:

    1. Beck, Thorsten & Poelhekke, Steven, 2023. "Follow the money: Does the financial sector intermediate natural resource windfalls?," Journal of International Money and Finance, Elsevier, vol. 130(C).
    2. Tomas Williams & Lorenzo Pandolfi, 2017. "Capital Flows and Sovereign Debt Markets: Evidence from Index Rebalancings," Working Papers 2017-11, The George Washington University, Institute for International Economic Policy.
    3. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
    4. Rodrigo Barbone Gonzalez & Dmitry Khametshin & José-Luis Peydró & Andrea Polo, 2018. "Hedger of last resort: Evidence from Brazilian FX interventions, local credit, and global financial cycles," Economics Working Papers 1648, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2022.
    5. Saktinil Roy & David M. Kemme, 2022. "Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis," The World Economy, Wiley Blackwell, vol. 45(10), pages 3192-3223, October.
    6. Alessandro Moro, 2021. "Can capital controls promote green investments in developing countries?," Temi di discussione (Economic working papers) 1348, Bank of Italy, Economic Research and International Relations Area.
    7. Mr. Eugenio M Cerutti & Mr. Stijn Claessens & Mr. Andrew K. Rose, 2017. "How Important is the Global Financial Cycle? Evidence from Capital Flows," IMF Working Papers 2017/193, International Monetary Fund.
    8. Tomas Williams, 2018. "Capital Inflows, Sovereign Debt and Bank Lending: Micro-Evidence from an Emerging Market," The Review of Financial Studies, Society for Financial Studies, vol. 31(12), pages 4958-4994.
    9. Ansgar Belke & Clemens Domnick, 2019. "Trade and capital flows: Substitutes or complements? An empirical investigation," ROME Working Papers 201904, ROME Network.
    10. Mariam Camarero & María Dolores Gadea-Rivas & Ana Gómez-Loscos & Cecilio Tamarit, 2019. "External imbalances and recoveries," Working Papers 1912, Department of Applied Economics II, Universidad de Valencia.
    11. di Giovanni, Julian & Kalemli-Özcan, Sebnem & Peydró, José-Luis & Baskaya, Yusuf Soner & Ulu, Mehmet Fatih, 2017. "Capital Flows and the International Credit Channel," CEPR Discussion Papers 11827, C.E.P.R. Discussion Papers.
    12. Rebucci, Alessandro & Ferrero, Andrea & Cesa-Bianchi, Ambrogio, 2017. "International Credit Supply Shocks," CEPR Discussion Papers 12501, C.E.P.R. Discussion Papers.
    13. Fernando Broner & Alberto Martín & Lorenzo Pandolfi & Tomás Williams, 2020. "Winners and Losers from Sovereign Debt Inflows: Evidence from the Stock Market," Working Papers 1152, Barcelona School of Economics.
    14. Stefan Avdjiev & Bryan Hardy & Sebnem Kalemli-Özcan & Luis Servén, 2020. "Gross Capital Flows by Banks, Corporates and Sovereigns," Working Papers wp2020_2020, CEMFI.
    15. Katharina Bergant & Francesco Grigoli & Niels‐Jakob Hansen & Damiano Sandri, 2024. "Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(6), pages 1405-1438, September.
    16. Francesco Saraceno & Roberto Tamborini, 2015. "How can it work ? On the impact of quantitative easing in the Eurozone," SciencePo Working papers Main hal-03470075, HAL.
    17. Bhavesh Garg & Pravakar Sahoo, 2021. "DO DIFFERENT TYPES OF CAPITAL INFLOWS HAVE DIFFERENTIAL IMPACT ON OUTPUT? Evidence from Time series and Panel Analysis," IEG Working Papers 443, Institute of Economic Growth.
    18. Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2016. "Capital Flows: Expansionary or Contractionary?," American Economic Review, American Economic Association, vol. 106(5), pages 565-569, May.
    19. Beckmann, Joscha & Czudaj, Robert, 2017. "Capital flows and GDP in emerging economies and the role of global spillovers," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 140-163.
    20. Pietro Cova & Filippo Natoli, 2017. "International financial flows and the risk-taking channel," GRU Working Paper Series GRU_2017_005, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    21. Kalemli-Özcan, Sebnem & di Giovanni, Julian & Ulu, Mehmet Fatih & Baskaya, Yusuf Soner, 2017. "International Spillovers and Local Credit Cycles," CEPR Discussion Papers 11839, C.E.P.R. Discussion Papers.
    22. Nina Boyarchenko & Leonardo Elias & Philippe Mueller, 2019. "Corporate Credit Provision," Staff Reports 895, Federal Reserve Bank of New York.
    23. Willem THORBECKE, 2023. "Macroeconomic Shocks and Economic Performance in Malaysia: A sectoral analysis," Discussion papers 23070, Research Institute of Economy, Trade and Industry (RIETI).
    24. Matthieu Bussière & Julia Schmidt & Natacha Valla, 2016. "International Financial Flows in the New Normal: Key Patterns (and Why We Should Care)," CEPII Policy Brief 2016-10, CEPII research center.
    25. Frankel, Jeffrey, 2016. "International Coordination," Working Paper Series 16-002, Harvard University, John F. Kennedy School of Government.
    26. Daniel Carvalho & Etienne Lepers & Rogelio V. Mercado, Jr., 2022. "Taming the "Capital Flows-Credit Nexus": A Sectoral Approach," Working Papers wp46, South East Asian Central Banks (SEACEN) Research and Training Centre.
    27. Adrian, Tobias & Vogt, Erik & Stackman, Daniel, 2019. "Global Price of Risk and Stabilization Policies," CEPR Discussion Papers 13435, C.E.P.R. Discussion Papers.
    28. Ligonniere, Samuel, 2018. "Trilemma, dilemma and global players," Journal of International Money and Finance, Elsevier, vol. 85(C), pages 20-39.
    29. Joscha Beckmann & Robert L. Czudaj, 2020. "Net Foreign Asset Positions, Capital Flows and GDP Spillovers," Open Economies Review, Springer, vol. 31(2), pages 295-308, April.
    30. Pietro Cova & Filippo Natoli, 2019. "The risk-taking channel of international financial flows," GRU Working Paper Series GRU_2019_015, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    31. Stephen G. Cecchetti & Tommaso Mancini-Griffoli & Machiko Narita & Ratna Sahay, 2020. "US or Domestic Monetary Policy: Which Matters More for Financial Stability?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(1), pages 35-65, March.
    32. Nina Boyarchenko & Leonardo Elias, 2024. "Financing Private Credit," Staff Reports 1111, Federal Reserve Bank of New York.
    33. Bénétrix, Agustin & Pallan, Hayley & Panizza, Ugo, 2022. "The Elusive Link Between FDI and Economic Growth," CEPR Discussion Papers 17692, C.E.P.R. Discussion Papers.
    34. Rogelio Mercado Jr., 2017. "Are Capital Inflows Expansionary or Contractionary in the Philippines?," Working Papers wp27, South East Asian Central Banks (SEACEN) Research and Training Centre.
    35. Ronny Mazzocchi & Roberto Tamborini, 2019. "Current account imbalances and the Euro Area. Alternative views," DEM Working Papers 2019/1, Department of Economics and Management.
    36. Adler, Gustavo & Chang, Kyun Suk & Wang, Zijiao, 2021. "Patterns of foreign exchange intervention under inflation targeting," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(4).
    37. Giancarlo Corsetti & Luca Dedola & Sylvain Leduc, 2018. "Exchange Rate Misalignment, Capital Flows, and Optimal Monetary Policy Trade-off," Discussion Papers 1806, Centre for Macroeconomics (CFM).
    38. Rob Hayward & Andros Gregoriou, 2021. "International Capital Flows and Speculation," JRFM, MDPI, vol. 14(5), pages 1-12, April.
    39. Bhattarai, Saroj & Chatterjee, Arpita & Park, Woong Yong, 2021. "Effects of US quantitative easing on emerging market economies," Journal of Economic Dynamics and Control, Elsevier, vol. 122(C).
    40. Suman S. Basu & Atish R. Ghosh & Jonathan D. Ostry & Pablo E. Winant, 2018. "Managing Capital Outflows with Limited Reserves," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 333-374, June.
    41. Cristina Arellano & Gabriel Mihalache & Yan Bai, 2018. "Inflation Targeting with Sovereign Default Risk," 2018 Meeting Papers 851, Society for Economic Dynamics.
    42. Niraj P. Koirala & Hassan Anjum Butt & Jeffrey Zimmerman & Ahmed Kamara, 2024. "Financial Development, Financial Openness, and Policy Effectiveness," JRFM, MDPI, vol. 17(6), pages 1-16, May.
    43. Channarith Meng & Roberto Leon Gonzalez, 2017. "Credit Booms in Developing Countries: Are They Different from Those in Advanced and Emerging Market Countries?," Open Economies Review, Springer, vol. 28(3), pages 547-579, July.
    44. Mr. Tobias Adrian & Christopher J. Erceg & Jesper Lindé & Pawel Zabczyk & Ms. Jianping Zhou, 2020. "A Quantitative Model for the Integrated Policy Framework," IMF Working Papers 2020/122, International Monetary Fund.
    45. Willem THORBECKE, 2019. "The Weak Rupiah: Catching the tailwinds and avoiding the shoals," Discussion papers 19006, Research Institute of Economy, Trade and Industry (RIETI).
    46. Karsten Kohler, 2020. "Gross capital flows and the balance-of-payments: a balance sheet perspective," Working Papers PKWP2019, Post Keynesian Economics Society (PKES).
    47. Pravakar Sahoo & Ranjan Kumar Dash & Yoon Jung Choi, 2021. "Do Absorptive Capacities matter for FPI-Growth Nexus? Evidence from Cross-country Analysis," IEG Working Papers 435, Institute of Economic Growth.
    48. Garg, Bhavesh & Sahoo, Pravakar, 2023. "Are gross financial inflows expansionary or contractionary? Evidence from emerging economies," Finance Research Letters, Elsevier, vol. 58(PA).
    49. Willem THORBECKE, 2016. "Investigating the Effect of U.S. Monetary Policy Normalization on the ASEAN-4 Economies," Discussion papers 16070, Research Institute of Economy, Trade and Industry (RIETI).
    50. Pablo Anaya & Stefan Hasenclever, 2018. "The Macroeconomic Effects of Exchange Rate Movements," DIW Roundup: Politik im Fokus 121, DIW Berlin, German Institute for Economic Research.
    51. Fernando Broner & Alberto Martin & Lorenzo Pandolfi & Tomas Williams, 2020. "Winners and Losers from Sovereign Debt Inflows," CSEF Working Papers 562, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    52. Nazim Kadri Ekinci, 2018. "Credit, Capital Flows and Monetary Policy: A Post-Keynesian Analysis," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 4(2), pages 55-74, December.
    53. Esposito, Piero & Messori, Marcello, 2016. "Improved Structural Competitiveness or Deep Recession? On the recent macroeconomic rebalances in the EMU," LEAP Working Papers 2016/3, Luiss Institute for European Analysis and Policy.
    54. Roberto Tamborini, 2018. "Macroeconomic Imbalances and the Euro Zone. Alternative Views," EconPol Working Paper 14, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    55. Dodd, Olga & Kalimipalli, Madhu & Chan, Wing, 2021. "Evaluating corporate credit risks in emerging markets," International Review of Financial Analysis, Elsevier, vol. 73(C).
    56. Ronny Mazzocchi & Roberto Tamborini, 2021. "Current account imbalances and the Euro Area. Controversies and policy lessons," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(1), pages 203-234, April.
    57. L. Gauvin & R. Jimborean & J. Ramos Tallada, 2017. "Capital inflows and credit growth: where do we stand?," Rue de la Banque, Banque de France, issue 38, february..
    58. Joshua Aizenman, 2015. "International Coordination and Precautionary Policies," NBER Working Papers 21793, National Bureau of Economic Research, Inc.
    59. Dhar, Amrita, 2021. "Identification of Extreme Capital Flows in Emerging Markets," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 359-384.
    60. Olivier Jeanne, 2016. "The Macroprudential Role of International Reserves," American Economic Review, American Economic Association, vol. 106(5), pages 570-573, May.
    61. Cavallino, Paolo & Sandri, Damiano, 2023. "The open-economy ELB: Contractionary monetary easing and the trilemma," Journal of International Economics, Elsevier, vol. 140(C).
    62. Gustavo Adler & Mr. Ruy Lama & Juan Pablo Medina Guzman, 2016. "Foreign Exchange Intervention under Policy Uncertainty," IMF Working Papers 2016/067, International Monetary Fund.
    63. Fatma Taşdemir & Erdal Özmen, 2018. "Exchange Rate Regimes As Thresholds: The Main Determinants Of Capital Inflows In Emerging Market Economies," ERC Working Papers 1810, ERC - Economic Research Center, Middle East Technical University, revised Oct 2018.
    64. Ferrero, Andrea & Habib, Maurizio Michael & Stracca, Livio & Venditti, Fabrizio, 2022. "Leaning against the global financial cycle," Working Paper Series 2763, European Central Bank.
    65. Carlos Cantù & Catherine Casanova & Rodrigo Alfaro & Fernando Chertman & Gerald Cisneros & Toni dos Santos & Roberto Lobato & Calixto Lopez & Facundo Luna & David Moreno & Miguel Sarmiento & Rafael Ni, 2022. "How capital inflows translate into new bank lending: tracing the mechanism in Latin America," BIS Working Papers 1051, Bank for International Settlements.
    66. Maurice Obstfeld, 2020. "Global Dimensions of U.S. Monetary Policy," International Journal of Central Banking, International Journal of Central Banking, vol. 16(1), pages 73-132, February.
    67. Harrison, Andre & Reed, Robert R., 2023. "Gross capital inflows, the U.S. economy, and the response of the Federal Reserve," Journal of International Money and Finance, Elsevier, vol. 139(C).
    68. Javier G. Gómez-Pineda, 2016. "Commodity Price Fluctuations, Core Inflation and Policy Interest Rates," Borradores de Economia 967, Banco de la Republica de Colombia.
    69. Kalemli-Özcan, Sebnem & Servén, Luis & Avdjiev, Stefan & Hardy, Bryan, 2017. "Gross Capital Inflows to Banks, Corporates and Sovereigns," CEPR Discussion Papers 11806, C.E.P.R. Discussion Papers.
    70. Adler, Gustavo & Mano, Rui C., 2021. "The Cost of Foreign Exchange Intervention: Concepts and Measurement," Journal of Macroeconomics, Elsevier, vol. 67(C).
    71. Camarero, Mariam & Gadea-Rivas, María Dolores & Gómez-Loscos, Ana & Tamarit, Cecilio, 2021. "Effects of external imbalances on GDP recovery patterns," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 349-362.
    72. McQuade, Peter & Schmitz, Martin, 2017. "The great moderation in international capital flows: A global phenomenon?," Journal of International Money and Finance, Elsevier, vol. 73(PA), pages 188-212.
    73. Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016. "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series 180, European Central Bank.
    74. Mosley, Max, 2021. "The importance of being earners: Modelling the implications of changes to welfare contributions on macroeconomic recovery," MPRA Paper 108620, University Library of Munich, Germany.
    75. Roberto Tamborini & Francesco Saraceno, 2016. "How can it work ? On the impact of quantitative easing in the eurozone," Documents de Travail de l'OFCE 2016-13, Observatoire Francais des Conjonctures Economiques (OFCE).
    76. Cuadra, Gabriel & Menna, Lorenzo, 2019. "Capital flows and the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 106(C), pages 1-1.
    77. Yang, Yang & Tang, Yanling & Zhang, Ren & Wu, Li, 2023. "Investigating the impact of technology and noise shocks on capital flows," Finance Research Letters, Elsevier, vol. 56(C).
    78. Andreas M. Fischer & Dr. Pinar Yesin, 2023. "The kindness of strangers: Brexit and bilateral financial linkages," Working Papers 2023-02, Swiss National Bank.
    79. Erdal Özmen & Fatma Taşdemir, 2018. "Gross Capital Inflows And Outflows: Twins Or Distant Cousins?," ERC Working Papers 1807, ERC - Economic Research Center, Middle East Technical University, revised Apr 2018.
    80. Lama, Ruy & Medina, Juan Pablo, 2020. "Mundell meets Poole: Managing capital flows with multiple instruments in emerging economies," Journal of International Money and Finance, Elsevier, vol. 109(C).
    81. Esposito, Piero & Messori, Marcello, 2019. "Competitive or recession gains? On the recent macroeconomic rebalances in the EMU," The North American Journal of Economics and Finance, Elsevier, vol. 47(C), pages 147-167.
    82. Arestis, Philip & Phelps, Peter, 2017. "Financial market implications of monetary policy coincidences: Evidence from the UK and Euro Area government-bond markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 49(C), pages 88-102.
    83. Alexander Guschanski & Özlem Onaran, 2023. "Global Value Chain Participation and the Labour Share: Industry‐level Evidence from Emerging Economies," Development and Change, International Institute of Social Studies, vol. 54(1), pages 31-63, January.
    84. Adugna Olani, 2016. "Dynamic Capital Inflow Transmission Of Monetary Policy To Emerging Markets," Working Paper 1358, Economics Department, Queen's University.
    85. Roberto Tamborini, 2017. "Europe at the Interdependence War," EconPol Working Paper 2, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    86. Katharina Bergant & Francesco Grigoli & Niels-Jakob Hansen & Katharina Damiano Sandri, 2023. "Dampening global financial shocks: can macroprudential regulation help (more than capital controls)?," BIS Working Papers 1097, Bank for International Settlements.
    87. Satoshi Tobe, 2017. "Domestic Credit Growth, International Capital Inflows, and Risk Perception in Global Markets," Economics Bulletin, AccessEcon, vol. 37(2), pages 631-636.
    88. Masahiro Inoguchi, 2021. "The impact of foreign capital flows on long‐term interest rates in emerging and advanced economies," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 268-295, May.
    89. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2020. "Monetary Policy and Sovereign Risk in Emerging Economies (NK-Default)," Staff Report 592, Federal Reserve Bank of Minneapolis.
    90. Boris Hofmann & Ilhyock Shim & Hyun Song Shin, 2019. "Bond risk premia and the exchange rate," BIS Working Papers 775, Bank for International Settlements.

  8. Mr. Jonathan David Ostry & Mr. Atish R. Ghosh & Mr. Raphael A Espinoza, 2015. "When Should Public Debt Be Reduced?," IMF Staff Discussion Notes 2015/010, International Monetary Fund.

    Cited by:

    1. Luca Metelli & Kevin Pallara, 2020. "Fiscal space and the size of the fiscal multiplier," Temi di discussione (Economic working papers) 1293, Bank of Italy, Economic Research and International Relations Area.
    2. Pablo D'Erasmo & Enrique G. Mendoza & Jing Zhang, 2015. "What is a Sustainable Public Debt?," NBER Working Papers 21574, National Bureau of Economic Research, Inc.
    3. Maria Manuel Campos & Cristina Checherita-Westphal, 2019. "Economic consequences of high public debt and challenges ahead for the euro area," Working Papers o201904, Banco de Portugal, Economics and Research Department.
    4. Lorenzo Esposito & Giuseppe Mastromatteo, 2019. "Defaultnomics: Making Sense of the Barro-Ricardo Equivalence in a Financialized World," Economics Working Paper Archive wp_933, Levy Economics Institute.
    5. Mr. Julio Escolano & Vitor Gaspar, 2016. "Optimal Debt Policy Under Asymmetric Risk," IMF Working Papers 2016/178, International Monetary Fund.
    6. Ignat Ignatov, 2021. "Unravelling the EU Debt Knot Over 2000-2019: An Injection-Leakage Approach," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 49-71.
    7. Isaac Sánchez-Juárez & Rosa García-Almada, 2016. "Public Debt, Public Investment and Economic Growth in Mexico," IJFS, MDPI, vol. 4(2), pages 1-14, March.
    8. Batini, Nicoletta & Melina, Giovanni & Villa, Stefania, 2019. "Fiscal buffers, private debt, and recession: The good, the bad and the ugly," Journal of Macroeconomics, Elsevier, vol. 62(C).
    9. M. Ayhan Kose & Franziska Ohnsorge & Naotaka Sugawara, 2020. "Benefits and Costs of Debt: The Dose Makes the Poison," Koç University-TUSIAD Economic Research Forum Working Papers 2006, Koc University-TUSIAD Economic Research Forum.
    10. Ostry, Jonathan D. & Estefania Flores, Julia & Furceri, Davide & Kothari, Siddharth, 2021. "Worse Than You Think: Public Debt Forecast Errors in Advanced and Developing Economies," CEPR Discussion Papers 16108, C.E.P.R. Discussion Papers.
    11. Maxime MENUET & Alexandru MINEA & Patrick VILLIEU, 2017. "Public Debt, Endogenous Growth Cycles and Indeterminacy," LEO Working Papers / DR LEO 2467, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    12. Haley James A., 2015. "Debt and Macroeconomic Behavior: Austerity and Restructuring in an Age of Uncertainty," Journal of Globalization and Development, De Gruyter, vol. 6(2), pages 319-328, December.
    13. Kilic, Erdem & Sonmezer, Sitki & Ozaydin, Orhan, 2023. "Effects of Fiscal Rules and Political Framework: Evidence from COVID-19 Crisis," MPRA Paper 116588, University Library of Munich, Germany.
    14. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.
    15. Davide Furceri & Prakash Loungani & Jonathan D Ostry & Pietro Pizzuto, 2021. "The rise in inequality after pandemics: can fiscal support play a mitigating role? [Epidemics, inequality, and poverty in preindustrial and early industrial time]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(2), pages 445-457.
    16. M. Brachetta & C. Ceci, 2022. "A stochastic control approach to public debt management," Mathematics and Financial Economics, Springer, volume 16, number 5, December.
    17. Stracca, Livio & Montinari, Letizia, 2017. "Trade, finance or policies: what drives the cross-border spill-over of business cycles?," Working Paper Series 1993, European Central Bank.
    18. Pandow, Bilal, 2018. "International practices and situating public debt management in Oman," MPRA Paper 85651, University Library of Munich, Germany.
    19. Honohan, Patrick, 2016. "Debt and austerity: Post-crisis lessons from Ireland," Journal of Financial Stability, Elsevier, vol. 24(C), pages 149-157.
    20. Shaun de Jager & Chris Loewald & Konstantin Makrelov & Xolani Sibande, 2022. "Leaningagainstthewindwithfiscalandmonetarypolicy," Working Papers 11033, South African Reserve Bank.
    21. Jocelyne Zoumenou, 2023. "On the impact of fiscal policy on inflation: The case of fiscal rules," EconomiX Working Papers 2023-21, University of Paris Nanterre, EconomiX.
    22. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Increasing Returns, Balanced-Budget Rules, and Aggregate Fluctuations," Post-Print hal-02315041, HAL.
    23. Martin Murín, 2018. "Vplyv verejného dlhu a jeho štruktúry na ekonomického rast vybraných vyspelých krajín [The Influence of Public Debt and Its Structure on Economic Growth of Advanced Economies]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(2), pages 178-200.
    24. Narayan, Laxmi, 2017. "Growth of Public Debt in Haryana – Dynamism or Misplaced Priorities," MPRA Paper 79431, University Library of Munich, Germany, revised 05 May 2017.
    25. Cédric Tille, 2019. "The «burden» of Swiss public debt: Lessons from research and options for the future," IHEID Working Papers 14-2019, Economics Section, The Graduate Institute of International Studies, revised 30 Sep 2019.
    26. Nicoletta Batini & Mr. Giovanni Melina & Stefania Villa, 2016. "Fiscal Buffers, Private Debt, and Stagnation: The Good, the Bad and the Ugly," IMF Working Papers 2016/104, International Monetary Fund.
    27. Gnangnon Sena Kimm, 2018. "Export Product Concentration and De Facto Fiscal Space: Does Openness to International Trade matter?," Global Economy Journal, De Gruyter, vol. 18(1), pages 1-12, March.
    28. Hyejin Ko, 2020. "Measuring fiscal sustainability in the welfare state: fiscal space as fiscal sustainability," International Economics and Economic Policy, Springer, vol. 17(2), pages 531-554, May.
    29. Saungweme, Talknice & Odhiambo, Nicholas M., 2020. "The Impact of Domestic and Foreign Public Debt on Economic Growth: Empirical Evidence from Zimbabwe," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(1), pages 77-106.
    30. Pablo Burriel & Cristina Checherita-Westphal & Pascal Jacquinot & Matthias Schön & Nikolai Stähler, 2020. "Economic consequences of high public debt: evidence from three large scale DSGE models," Working Papers 2029, Banco de España.
    31. Baum, Anja & Eyraud, Luc & Hodge, Andrew & Jarmuzek, Mariusz & Kim, Young & Mbaye, Samba & Ture, Elif, 2018. "How to calibrate fiscal rules : a primer," MPRA Paper 86423, University Library of Munich, Germany.
    32. Dammann, Felix & Rodosthenous, Néofytos & Villeneuve, Stéphane, 2023. "Debt management game and debt ceiling," TSE Working Papers 23-1430, Toulouse School of Economics (TSE).
    33. Delorme, Francois, 2014. "Viabilité et vulnérabilité des finances publiques du Québec à moyen terme : une proposition d’un cadre d’analyse et une évaluation [Sustainability and vulnerability of Québec's public finances in t," MPRA Paper 85050, University Library of Munich, Germany.
    34. Konstantin Makrelov & Neryvia Pillay & Bojosi Morule, 2023. "Fiscal risks and their impact on banks' capital buffers in South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 91(1), pages 116-134, March.
    35. Mr. Olumuyiwa S Adedeji & Mr. Calixte Ahokpossi & Claudio Battiati & Mrs. Mai Farid, 2016. "A Probabilistic Approach to Fiscal Space and Prudent Debt Level: Application to Low-Income Developing Countries," IMF Working Papers 2016/163, International Monetary Fund.
    36. Matteo Brachetta & Claudia Ceci, 2021. "A Stochastic Control Approach to Public Debt Management," Papers 2107.10491, arXiv.org.
    37. Dunleavy, Patrick, 2018. "‘Build a wall’. ‘Tax a shed’. ‘Fix a debt limit’. The constructive and destructive potential of populist anti-statism and ‘naïve’ statism," LSE Research Online Documents on Economics 88132, London School of Economics and Political Science, LSE Library.
    38. Puonti, Päivi, 2022. "Public Debt and Economic Growth," ETLA Reports 127, The Research Institute of the Finnish Economy.
    39. Ferrari, Giorgio & Rodosthenous, Neofytos, 2018. "Optimal Management of Debt-To-GDP Ratio with Regime-Switching Interest Rate," Center for Mathematical Economics Working Papers 589, Center for Mathematical Economics, Bielefeld University.
    40. Ikonen, Pasi, 2017. "Financial depth, debt, and growth," Bank of Finland Scientific Monographs, Bank of Finland, volume 0, number e51, July.
    41. Canofari, Paolo & Piergallini, Alessandro & Piersanti, Giovanni, 2018. "The Fallacy of Fiscal Discipline," MPRA Paper 88427, University Library of Munich, Germany.
    42. Sena Kimm Gnangnon, 2019. "De Facto Fiscal Space in Donor-countries and Their Aid Supply: To What Extent is Trade-related Aid Supply Affected?," South Asian Journal of Macroeconomics and Public Finance, , vol. 8(1), pages 1-25, June.
    43. Jan Priewe, 2021. "Reforming the Fiscal Rulebook for the Euro Area – and the Challenge of Old and New Public Debt," IMK Studies 72-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    44. Giorgia Callegaro & Claudia Ceci & Giorgio Ferrari, 2020. "Optimal reduction of public debt under partial observation of the economic growth," Finance and Stochastics, Springer, vol. 24(4), pages 1083-1132, October.

  9. Mr. Atish R. Ghosh & Mahvash S Qureshi & Naotaka Sugawara, 2014. "Regulating Capital Flows at Both Ends: Does it Work?," IMF Working Papers 2014/188, International Monetary Fund.

    Cited by:

    1. 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.
    2. ITO Hiroyuki & Phuong TRAN, 2019. "Managing the Yield Curve in a Financially Globalized World," Discussion papers 19012, Research Institute of Economy, Trade and Industry (RIETI).
    3. Mr. Eugenio M Cerutti & Haonan Zhou, 2018. "Cross-border Banking and the Circumvention of Macroprudential and Capital Control Measures," IMF Working Papers 2018/217, International Monetary Fund.
    4. Joshua Aizenman & Menzie D. Chinn & Hiro Ito, 2017. "Financial Spillovers and Macroprudential Policies," NBER Working Papers 24105, National Bureau of Economic Research, Inc.
    5. Jean-Charles Bricongne & Antoine Cosson & Albane Garnier-Sauveplane & Rémy Lecat & Irena Peresa & Yuliya Vanzhulova, 2021. "Financial flows, macro-prudential policies, capital restrictions and institutions: what do gravity equations tell us?," Working papers 842, Banque de France.
    6. Toni Ahnert & Kristin Forbes & Christian Friedrich & Dennis Reinhardt, 2018. "Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability?," Staff Working Papers 18-55, Bank of Canada.
    7. Alexey Mikhaylov & Hasan Dinçer & Serhat Yüksel, 2023. "Analysis of financial development and open innovation oriented fintech potential for emerging economies using an integrated decision-making approach of MF-X-DMA and golden cut bipolar q-ROFSs," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-34, December.
    8. Agénor, Pierre-Richard & Jia, Pengfei, 2020. "Capital controls and welfare with cross-border bank capital flows," Journal of Macroeconomics, Elsevier, vol. 65(C).
    9. KurmaÅŸ AkdoÄŸan & Neslihan Kaya EkÅŸi & Ozan EkÅŸi, 2021. "Determinants of Non-Core Liabilities of Banks in Emerging Markets in the Post-Crisis Era," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 35(1), pages 68-86.
    10. -, 2020. "Economic Survey of Latin America and the Caribbean 2020: Main conditioning factors of fiscal and monetary policies in the post-COVID-19 era," Estudio Económico de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 46071 edited by Eclac.
    11. Mr. Diego A. Cerdeiro & Andras Komaromi, 2019. "Financial Openness and Capital Inflows to Emerging Markets: In Search of Robust Evidence," IMF Working Papers 2019/194, International Monetary Fund.
    12. Giordani, Paolo E. & Ruta, Michele & Weisfeld, Hans & Zhu, Ling, 2017. "Capital flow deflection," Journal of International Economics, Elsevier, vol. 105(C), pages 102-118.
    13. Mr. Atish R. Ghosh & Mahvash S Qureshi, 2016. "What’s In a Name? That Which We Call Capital Controls," IMF Working Papers 2016/025, International Monetary Fund.
    14. Beirne, John & Friedrich, Christian, 2017. "Macroprudential policies, capital flows, and the structure of the banking sector," Journal of International Money and Finance, Elsevier, vol. 75(C), pages 47-68.
    15. Nataliia Osina, 2021. "Global liquidity and capital flow regulations," Journal of Banking Regulation, Palgrave Macmillan, vol. 22(1), pages 52-72, March.
    16. Valerio Nispi Landi, 2018. "Capital controls spillovers," Temi di discussione (Economic working papers) 1184, Bank of Italy, Economic Research and International Relations Area.
    17. Filippo Gori & Etienne Lepers & Caroline Mehigan, 2020. "Capital flow deflection under the magnifying glass," OECD Economics Department Working Papers 1613, OECD Publishing.
    18. Antoine GODIN & Sakir-Devrim YILMAZ, 2020. "Modelling Small Open Developing Economies in a Financialized World: A Stock-Flow Consistent Prototype Growth Model," Working Paper 5eb7e0e8-560f-4ce6-91a5-5, Agence française de développement.
    19. Hiro Ito & Phuong Tran, 2023. "Emerging Market Economies’ Challenge: Managing the Yield Curve in a Financially Globalized World," Open Economies Review, Springer, vol. 34(1), pages 171-194, February.
    20. Beck, Roland & Berganza, Juan Carlos & Brüggemann, Axel & Cezar, Rafael & Eijking, Carlijn & Eller, Markus & Fuentes, Alberto & Alves, Joel Graça & Kreitz, Lilian & Marsilli, Clement & Moder, Isabella, 2023. "Recent advances in the literature on capital flow management," Occasional Paper Series 317, European Central Bank.
    21. Stephanie Guichard, 2017. "10 Years after the Global Financial Crisis: What Have We Learnt About International Capital Flows?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-30, October.
    22. Arturo O’Connell, 2016. "The EuroZone `Debt’ Crisis: Another `Center’ – `Periphery’ Crisis Under Financial Globalization?," Working Papers Series 51, Institute for New Economic Thinking.
    23. Pavel Baboshkin & Alexey Mikhaylov & Zaffar Ahmed Shaikh, 2022. "Sustainable Cryptocurrency Growth Impossible? Impact of Network Power Demand on Bitcoin Price," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 116-130, June.
    24. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2022. "Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination," International Economics and Economic Policy, Springer, vol. 19(1), pages 79-127, February.
    25. Anton Korinek, 2017. "Currency wars or efficient spillovers?," BIS Working Papers 615, Bank for International Settlements.
    26. Valentina Bruno & Ilhyock Shim & Hyun Song Shin, 2015. "Comparative assessment of macroprudential policies," BIS Working Papers 502, Bank for International Settlements.
    27. Atish R. Ghosh & Jonathan D. Ostry & Mahvash S. Qureshi, 2016. "When Do Capital Inflow Surges End in Tears?," American Economic Review, American Economic Association, vol. 106(5), pages 581-585, May.
    28. Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016. "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series 180, European Central Bank.
    29. 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.
    30. Sanyal, Anirban, 2023. "Caught in the Crossfire: How Trade Policy Uncertainty Impacts Global Trade," EconStor Preprints 272825, ZBW - Leibniz Information Centre for Economics.
    31. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.
    32. Sanyal, Anirban, 2021. "Impact of US-China Trade War on Indian External Trade," EconStor Preprints 242250, ZBW - Leibniz Information Centre for Economics.

  10. Mr. Atish R. Ghosh & Mahvash S Qureshi & Mr. Charalambos G Tsangarides, 2014. "Friedman Redux: External Adjustment and Exchange Rate Flexibility," IMF Working Papers 2014/146, International Monetary Fund.

    Cited by:

    1. Alberto Fuertes, 2022. "External adjustment with a common currency: the case of the euro area," Empirical Economics, Springer, vol. 62(5), pages 2205-2238, May.
    2. Paredes, Gonzalo J., 2017. "Ecuador: why exit dollarization?," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Mr. Manuk Ghazanchyan & Ms. Janet Gale Stotsky & Qianqian Zhang, 2015. "A New Look at the Determinants of Growth in Asian Countries," IMF Working Papers 2015/195, International Monetary Fund.
    4. Yan Carrière‐Swallow & Nicolás E. Magud & Juan F. Yépez, 2021. "Exchange rate flexibility, the real exchange rate, and adjustment to terms‐of‐trade shocks," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 439-483, May.
    5. Yang, Haizhen & Zhang, Mengting & Xiang, Yue & Yang, Yang, 2023. "The balance of payments stages hypothesis: Improvements and new discoveries," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 635-656.
    6. Cécile Couharde & Carl Grekou, 2016. "Currency Misalignments in emerging and developing countries: reassessing the role of Exchange Rate Regimes," Post-Print hal-01549902, HAL.
    7. Carl Grekou, 2016. "Does the exchange rate regime shape currency misalignments in emerging and developing countries?," Working Papers hal-04141583, HAL.
    8. Carl Grekou, 2016. "Does the exchange rate regime shape currency misalignments in emerging and developing countries?," EconomiX Working Papers 2016-26, University of Paris Nanterre, EconomiX.
    9. Dausà, Neus & Stracca, Livio, 2023. "The asymmetric adjustment of global imbalances: myth or fact?," Working Paper Series 2777, European Central Bank.
    10. Alberto Fuertes, 2019. "Exchange rate regime and external adjustment: An empirical investigation for the US," The World Economy, Wiley Blackwell, vol. 42(5), pages 1373-1399, May.
    11. Elías Albagli & Mauricio Calani & Metodij Hadzi-Vaskov & Mario Marcel & Mr. Luca A Ricci, 2020. "Comfort in Floating: Taking Stock of Twenty Years of Freely-Floating Exchange Rate in Chile," IMF Working Papers 2020/100, International Monetary Fund.
    12. Balvers, Ronald J. & McDonald, Bill, 2021. "Designing a global digital currency," Journal of International Money and Finance, Elsevier, vol. 111(C).
    13. Eguren-Martin, Fernando, 2015. "Exchange rate regimes and current account adjustment: an empirical investigation," Bank of England working papers 544, Bank of England.
    14. Pablo Duarte & Gunther Schnabl, 2014. "Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets," CESifo Working Paper Series 5064, CESifo.
    15. Alberto Fuertes, 2019. "External adjustment with a common currency: the case of the euro area," Working Papers 1936, Banco de España.
    16. Carl Grekou, 2022. "Better two eyes than one: A synthesis classification of exchange rate regimes," French Stata Users' Group Meetings 2022 17, Stata Users Group.
    17. Aizenman, Joshua, 2019. "A modern reincarnation of Mundell-Fleming's trilemma," Economic Modelling, Elsevier, vol. 81(C), pages 444-454.

  11. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mahvash S Qureshi, 2014. "Exchange Rate Management and Crisis Susceptibility: A Reassessment," IMF Working Papers 2014/011, International Monetary Fund.

    Cited by:

    1. Abdallah, Ali, 2022. "Dépréciation réelle de la monnaie et croissance économique [Can real currency depreciation lead growth?]," MPRA Paper 113183, University Library of Munich, Germany.
    2. Aizenman, Joshua & Chinn, Menzie D. & Ito, Hiro, 2017. "Balance sheet effects on monetary and financial spillovers: The East Asian crisis plus 20," Journal of International Money and Finance, Elsevier, vol. 74(C), pages 258-282.
    3. Nakatani, Ryota, 2017. "Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis," MPRA Paper 82186, University Library of Munich, Germany.
    4. Karsten Kohler, 2019. "Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles," Working Papers PKWP1906, Post Keynesian Economics Society (PKES).
    5. Ben S Bernanke, 2017. "Federal Reserve Policy in an International Context," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(1), pages 1-32, April.
    6. Terrones, Marco E., 2019. "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," MPRA Paper 91783, University Library of Munich, Germany.
    7. 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.
    8. Jeffrey Frankel, 2019. "Systematic Managed Floating," Open Economies Review, Springer, vol. 30(2), pages 255-295, April.
    9. ITO Hiroyuki & Phuong TRAN, 2019. "Managing the Yield Curve in a Financially Globalized World," Discussion papers 19012, Research Institute of Economy, Trade and Industry (RIETI).
    10. José De Gregorio, 2009. "Implementation of Inflation Targets in Emerging Markets," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 3, Edward Elgar Publishing.
    11. Michael Bleaney & Lin Yin, 2015. "Price Adjustment in Currency Unions," Discussion Papers 15/06, University of Nottingham, School of Economics.
    12. Rodrigo Vergara, 2014. "Monetary Policy in Advanced Economies: Some Challenges for Emerging Economies," Economic Policy Papers Central Bank of Chile 51, Central Bank of Chile.
    13. Joshua Aizenman & Menzie D. Chinn & Hiro Ito, 2017. "Financial Spillovers and Macroprudential Policies," NBER Working Papers 24105, National Bureau of Economic Research, Inc.
    14. Borivoje Krušković, 2020. "Exchange Rate Targeting Versus Inflation Targeting: Empirical Analysis of the Impact on Employment and Economic Growth," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(2), pages 67-85.
    15. Bleaney, Michael & Saxena, Sweta & Yin, Lin, 2018. "Exchange rate regimes, devaluations and growth collapses," Journal of Macroeconomics, Elsevier, vol. 57(C), pages 15-25.
    16. Fatma Erdem & Erdal Özmen, 2015. "Exchange Rate Regimes and Business Cycles: An Empirical Investigation," Open Economies Review, Springer, vol. 26(5), pages 1041-1058, November.
    17. Gelos, Gaston & Gornicka, Lucyna & Koepke, Robin & Sahay, Ratna & Sgherri, Silvia, 2022. "Capital flows at risk: Taming the ebbs and flows," Journal of International Economics, Elsevier, vol. 134(C).
    18. Karsten Kohler & Engelbert Stockhammer, 2022. "Flexible exchange rates in emerging markets: shock absorbers or drivers of endogenous cycles?," Working Papers PKWP2205, Post Keynesian Economics Society (PKES).
    19. Cesa-Bianchi, Ambrogio & Martin, Fernando Eguren & Thwaites, Gregory, 2017. "Foreign booms, domestic busts: The global dimension of banking crises," LSE Research Online Documents on Economics 86166, London School of Economics and Political Science, LSE Library.
    20. Maurice Obstfeld, 2015. "Trilemmas and trade-offs: living with financial globalisation," BIS Working Papers 480, Bank for International Settlements.
    21. Esteves, Rui & Eichengreen, Barry, 2019. "The Trials of the Trilemma: International Finance 1870-2017," CEPR Discussion Papers 13465, C.E.P.R. Discussion Papers.
    22. Feng Guo & Jie Li & Ming Li, 2021. "The sudden stops of debt‐led capital inflows, credit crunch, and exchange rate regimes," Review of Development Economics, Wiley Blackwell, vol. 25(2), pages 956-977, May.
    23. Pitterle, Ingo & Haufler, Fabio & Hong, Pingfan, 2015. "Assessing emerging markets’ vulnerability to financial crisis," Journal of Policy Modeling, Elsevier, vol. 37(3), pages 484-500.
    24. Suman S. Basu & Atish R. Ghosh & Jonathan D. Ostry & Pablo E. Winant, 2018. "Managing Capital Outflows with Limited Reserves," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 333-374, June.
    25. Diniz-Maganini, Natalia & Rasheed, Abdul A. & Sheng, Hsia Hua, 2021. "Exchange rate regimes and price efficiency: Empirical examination of the impact of financial crisis," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    26. Eichengreen, Barry & Park, Donghyun & Ramayandi, Arief & Shin, Kwanho, 2020. "Exchange Rates and Insulation in Emerging Markets," ADB Economics Working Paper Series 610, Asian Development Bank.
    27. Mpho Bosupeng & Janet Dzator & Andrew Nadolny, 2019. "Exchange Rate Misalignment and Capital Flight from Botswana: A Cointegration Approach with Risk Thresholds," JRFM, MDPI, vol. 12(2), pages 1-26, June.
    28. Cécile Couharde & Carl Grekou, 2020. "The Fata Morgana of Exchange Rate Regimes: Reconciling the LYS and the RR classifications," EconomiX Working Papers 2020-32, University of Paris Nanterre, EconomiX.
    29. Cruz-Rodríguez, Alexis, 2016. "Exchange Arrangements and Speculative Attacks: Is there a link?," MPRA Paper 72359, University Library of Munich, Germany.
    30. Obstfeld, Maurice & Ostry, Jonathan D. & Qureshi, Mahvash S., 2017. "A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies," CEPR Discussion Papers 12093, C.E.P.R. Discussion Papers.
    31. Mr. Eugenio M Cerutti & Mr. Stijn Claessens & Mr. Lev Ratnovski, 2014. "Global Liquidity and Drivers of Cross-Border Bank Flows," IMF Working Papers 2014/069, International Monetary Fund.
    32. Habib, Maurizio Michael & Mileva, Elitza & Stracca, Livio, 2017. "The real exchange rate and economic growth: Revisiting the case using external instruments," Journal of International Money and Finance, Elsevier, vol. 73(PB), pages 386-398.
    33. Nadav Ben Zeev, 2017. "Exchange Rate Regimes And Sudden Stops," Working Papers 1712, Ben-Gurion University of the Negev, Department of Economics.
    34. Bonizzi, Bruno, 0017. "Institutional investors and emerging markets with intermediate exchange rate regimes: A stock-flow consistent model," MPRA Paper 67933, University Library of Munich, Germany.
    35. Yu Ma & Xinqian Du, 2022. "Exchange rate factors, income levels, and investment abroad: An empirical study based on a sample of emerging economies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 1711-1730, April.
    36. Hiro Ito & Phuong Tran, 2023. "Emerging Market Economies’ Challenge: Managing the Yield Curve in a Financially Globalized World," Open Economies Review, Springer, vol. 34(1), pages 171-194, February.
    37. Mario Cimoli & Jose Antonio Ocampo & Gabriel Porcile, 2017. "Choosing sides in the trilemma: international financial cycles and structural change in developing economies," LEM Papers Series 2017/26, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    38. Puspa D. Amri & Thomas D. Willett, 2017. "Policy Inconsistencies and the Political Economy of Currency Crises," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 1-24, February.
    39. Joshua Aizenman, 2015. "International Coordination and Precautionary Policies," NBER Working Papers 21793, National Bureau of Economic Research, Inc.
    40. José Antonio Ocampo, 2016. "Global macroeconomic cooperation and the exchange rate system," WIDER Working Paper Series wp-2016-49, World Institute for Development Economic Research (UNU-WIDER).
    41. Alexis CRUZ-RODRIGUEZ, 2016. "Exchange Arrangements and Currency Crises: What´s the matter with the exchange rate classification?," Journal of Economics and Political Economy, KSP Journals, vol. 3(2), pages 377-392, June.
    42. Zbyslaw Dobrowolski, 2020. "After COVID-19. Reorientation of crisis management in crisis," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 799-810, December.
    43. Ostry, Jonathan D. & Furceri, Davide & Ganslmeier, Michael & Yang, Naihan, 2021. "Initial Output Losses from the Covid-19 Pandemic: Robust Determinants," CEPR Discussion Papers 15892, C.E.P.R. Discussion Papers.
    44. Mr. Alberto Behar & Ramin Hassan, 2022. "The Current Account Income Balance: External Adjustment Channel or Vulnerability Amplifier?," IMF Working Papers 2022/106, International Monetary Fund.
    45. Anh The Vo & Loan Thi-Hong Van & Duc Hong Vo & Michael McAleer, 2019. "Financial inclusion and macroeconomic stability in emerging and frontier markets," Documentos de Trabajo del ICAE 2019-01, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    46. José Daniel Aromí, 2021. "Large Current Account Deficits and Neglected Vulnerabilities," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(4), pages 597-623, December.
    47. Naoyuki Yoshino & Matthias Helble & Ahmad Danu Prasetyo, 2017. "Exchange rate policy in the pacific: an evaluation of currency basket regimes," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 31(1), pages 3-20, May.
    48. Armand Fouejieu,, 2017. "Inflation targeting and financial stability in emerging markets," Economic Modelling, Elsevier, vol. 60(C), pages 51-70.
    49. Alstadheim, Ragna & Bjørnland, Hilde C. & Maih, Junior, 2021. "Do central banks respond to exchange rate movements? A Markov-switching structural investigation of commodity exporters and importers," Energy Economics, Elsevier, vol. 96(C).
    50. Carl Grekou, 2022. "Better two eyes than one: A synthesis classification of exchange rate regimes," French Stata Users' Group Meetings 2022 17, Stata Users Group.
    51. An, Jiyoun & Park, Bokyeong, 2016. "External adjustment and trading partners’ exchange rate regimes," Japan and the World Economy, Elsevier, vol. 37, pages 47-54.
    52. Aida Caldera Sánchez & Filippo Gori, 2016. "Can Reforms Promoting Growth Increase Financial Fragility?: An Empirical Assessment," OECD Economics Department Working Papers 1340, OECD Publishing.
    53. Ben Zeev, Nadav, 2019. "Global credit supply shocks and exchange rate regimes," Journal of International Economics, Elsevier, vol. 116(C), pages 1-32.
    54. Malinen Tuomas & Nyberg Peter & Koskenkylä Heikki & Berghäll Elina & Mellin Ilkka & Miettinen Sami & Ala-Peijari Jukka & Törnqvist Stefan, 2018. "How to Leave the Eurozone: The Case of Finland," The Economists' Voice, De Gruyter, vol. 15(1), pages 1-16, December.
    55. 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.
    56. Dongyeol Lee & Hyunjoon Lim, 2019. "Industrial structure and the probability of crisis: Stability is not resilience," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 24(1), pages 212-226, January.
    57. Aizenman, Joshua, 2019. "A modern reincarnation of Mundell-Fleming's trilemma," Economic Modelling, Elsevier, vol. 81(C), pages 444-454.
    58. Holger Wolf, 2016. "Currency boards as a path towards the Eurozone: lessons from the Baltics," International Economics and Economic Policy, Springer, vol. 13(1), pages 45-57, January.
    59. Mark Kruger & Gurnain Pasricha, 2016. "What to Expect When China Liberalizes Its Capital Account," Discussion Papers 16-10, Bank of Canada.
    60. Joshua Aizenman & Menzie D. Chinn & Hiro Ito, 2015. "Monetary Policy Spillovers and the Trilemma in the New Normal: Periphery Country Sensitivity to Core Country Conditions," NBER Working Papers 21128, National Bureau of Economic Research, Inc.
    61. Lu, Dong & Liu, Jialin & Zhou, Hang, 2022. "Global financial conditions, capital flows and the exchange rate regime in emerging market economies," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    62. Ghosh, Atish R. & Qureshi, Mahvash S., 2016. "Capital Inflow Surges and Consequences," ADBI Working Papers 585, Asian Development Bank Institute.
    63. José Antonio Ocampo, 2017. "Resetting the International Monetary (Non)System," Books, Red Investigadores de Economía, number 2017-11, March.
    64. Mr. Balazs Csonto & Tryggvi Gudmundsson, 2020. "Destabilizing Stability? Exchange Rate Arrangements and Foreign Currency Debt," IMF Working Papers 2020/173, International Monetary Fund.
    65. Polterovich, V. & Popov, V., 2016. "Exchange Rate, Inflation and Industrial Policy," Journal of the New Economic Association, New Economic Association, vol. 29(1), pages 192-198.
    66. Michael Bleaney & Sweta Saxena & Lin Yin, 2016. "Exchange Rate Regimes and Growth Collapses," Discussion Papers 2016/02, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    67. Handro (Mercea) Patricia Amalia, 2020. "Exchange Rate Regimes Choice And Their Clasiffication," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 81-86, February.
    68. Yingying HAN & Xiang ZHOU, 2017. "The Relationship between Stock and Exchange Rates for BRICS Countries Pre - and Post - Crisis: A Mixed C - VINE Copula Model," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 38-59, March.
    69. World Bank Group, 2016. "Global Economic Prospects, January 2016," World Bank Publications - Books, The World Bank Group, number 23435.
    70. Seung-Gwan Baek & Chi-Young Song, 2019. "What Drives Stops in Cross-Border Bond Flows?," Sustainability, MDPI, vol. 11(14), pages 1-21, July.
    71. Magud, Nicolas E. & Vesperoni, Esteban R., 2015. "Exchange rate flexibility and credit during capital inflow reversals: Purgatory … not paradise," Journal of International Money and Finance, Elsevier, vol. 55(C), pages 88-110.
    72. Puspa D. Amri & Greg M. Richey & Thomas D. Willett, 2016. "Capital Surges and Credit Booms: How Tight is the Relationship?," Open Economies Review, Springer, vol. 27(4), pages 637-670, September.
    73. Lee, Jieun & Ryu, Doojin, 2019. "How does FX liquidity affect the relationship between foreign ownership and stock liquidity?," Emerging Markets Review, Elsevier, vol. 39(C), pages 101-119.
    74. Cavallaro, Eleonora & Cutrini, Eleonora, 2019. "Distance and beyond: What drives financial flows to emerging economies?," Economic Modelling, Elsevier, vol. 81(C), pages 533-550.
    75. Gou, Qin & Yiping, Huang, 2018. "Will Financial Liberalization Trigger the First Crisis in the People’s Republic of China? Lessons from Cross-Country Experiences," ADBI Working Papers 818, Asian Development Bank Institute.
    76. Arana, Rumile & Ramirez, Francisco A. & Wright, Allan, 2017. "Credit Risks and Monetary Policy within Caribbean Economies," IDB Publications (Working Papers) 8268, Inter-American Development Bank.

  12. Mr. Jonathan David Ostry & Mr. Atish R. Ghosh, 2013. "Obstacles to International Policy Coordination, and How to Overcome Them," IMF Staff Discussion Notes 2013/011, International Monetary Fund.

    Cited by:

    1. Georgiadis, Georgios, 2016. "Determinants of global spillovers from US monetary policy," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 41-61.
    2. Ostry, Jonathan D. & Ghosh, Atish R., 2016. "On the obstacles to international policy coordination," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 25-40.
    3. Charles Engel, 2015. "International Coordination of Central Bank Policy," NBER Working Papers 20952, National Bureau of Economic Research, Inc.
    4. Ott, Ingrid & Soretz, Susanne, 2020. "Institutional design and spatial (in)equality: The Janus face of economic integration," Kiel Working Papers 2163, Kiel Institute for the World Economy (IfW Kiel).
    5. Bastianin, Andrea & Conti, Francesca & Manera, Matteo, 2016. "The Impacts of Oil Price Shocks on Stock Market Volatility: Evidence from the G7 Countries," Energy: Resources and Markets 230682, Fondazione Eni Enrico Mattei (FEEM).
    6. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    7. Frankel, Jeffrey, 2016. "International Coordination," Working Paper Series 16-002, Harvard University, John F. Kennedy School of Government.
    8. Qianying Chen & Andrew Filardo & Dong He & Feng Zhu, 2015. "Financial crisis, US unconventional monetary policy and international spillovers," BIS Working Papers 494, Bank for International Settlements.
    9. Guo, Junjie & Li, Xuelian & Zhang, Weiran & Li, Youshu, 2024. "Monetary policy spillovers among five systemic economies: Evidence from the time and frequency domains," The North American Journal of Economics and Finance, Elsevier, vol. 70(C).
    10. Cheng, Gong, 2015. "The Global Financial Safety Net through the Prism of G20 Summits," MPRA Paper 68070, University Library of Munich, Germany, revised Nov 2015.
    11. Qianying Chen & Marco Lombardi & Alex Ross & Feng Zhu, 2017. "Global impact of US and euro area unconventional monetary policies: a comparison," BIS Working Papers 610, Bank for International Settlements.
    12. Márcio Gomes Pinto Garcia, 2015. "Capital Controls and Implications for Surveillance and coordination: Brazil and Latin America," Textos para discussão 631, Department of Economics PUC-Rio (Brazil).
    13. Aysun, Uluc, 2022. "A structural approach to measuring the degree of economic integration: Evidence from G-7 countries," Journal of International Money and Finance, Elsevier, vol. 124(C).
    14. Stephanie Guichard, 2017. "10 Years after the Global Financial Crisis: What Have We Learnt About International Capital Flows?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-30, October.
    15. Harsha Paranavithana & Rod Tyers & Leandro Magnusson & Florian Schiffmann, 2022. "Monetary policy regimes: A global assessment," The World Economy, Wiley Blackwell, vol. 45(6), pages 1737-1772, June.
    16. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2022. "Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination," International Economics and Economic Policy, Springer, vol. 19(1), pages 79-127, February.
    17. Andreozzi, Luciano & Tamborini, Roberto, 2019. "Models of supranational policymaking and the reform of the EMU," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 819-844.
    18. Rakesh Mohan & Muneesh Kapur, 2014. "Monetary Policy Coordination and the Role of Central Banks," IMF Working Papers 2014/070, International Monetary Fund.
    19. José Antonio Ocampo, 2017. "Resetting the International Monetary (Non)System," Books, Red Investigadores de Economía, number 2017-11, March.
    20. Suman Bery & Filippo Biondi & Sybrand Brekelmans, 2019. "Twenty years of the G20: Has it changed global economic governance?," Russian Journal of Economics, ARPHA Platform, vol. 5(4), pages 412-440, December.
    21. Prachi Mishra & Raghuram G. Rajan, 2016. "Rules of the Monetary Game," Working Papers id:10533, eSocialSciences.
    22. Soretz, Susanne & Ott, Ingrid, 2019. "Public expenditure, policy coordination, and regional inequality," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203624, Verein für Socialpolitik / German Economic Association.
    23. Ozatay, Fatih, 2020. "Paving the Way for an Economic Crisis with High Leverage and Currency Mismatches: 2018-19 Crisis in Turkey," MPRA Paper 104951, University Library of Munich, Germany.

  13. 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.

    Cited by:

    1. 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.
    2. Xiang Fang & Bryan Hardy & Karen K. Lewis, 2022. "Who Holds Sovereign Debt and Why It Matters," NBER Working Papers 30087, National Bureau of Economic Research, Inc.
    3. Wee Chian Koh & Shu Yu, 2021. "A Decade After the 2009 Global Recession: Macroeconomic Developments," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 1-24, June.
    4. Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2012. "International Reserves and Rollover Risk," NBER Working Papers 18628, National Bureau of Economic Research, Inc.
    5. Gurnain Pasricha, 2017. "Policy Rules for Capital Controls," Staff Working Papers 17-42, Bank of Canada.
    6. Schioppa, Claudio A. & Papadia, Andrea, 2015. "Foreign Debt and Secondary Markets: The Case of Interwar Germany," MPRA Paper 102863, University Library of Munich, Germany, revised 2016.
    7. Sona Benecka & Lubos Komarek, 2014. "International Reserves: Facing Model Uncertainty," Working Papers 2014/03, Czech National Bank.
    8. Cristian Camilo Porras-Alarcón, 2020. "Una aproximación a los determinantes de acumulación de reservas internacionales en economías emergentes," Borradores de Economia 1126, Banco de la Republica de Colombia.
    9. Francesca Caselli, 2017. "Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?," IMF Working Papers 2017/206, International Monetary Fund.
    10. 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.
    11. Pablo G. Bortz & Annina Kaltenbrunner, 2018. "The International Dimension of Financialization in Developing and Emerging Economies," Development and Change, International Institute of Social Studies, vol. 49(2), pages 375-393, March.
    12. Uz Akdogan, Idil, 2020. "Understanding the dynamics of foreign reserve management: The central bank intervention policy and the exchange rate fundamentals," International Economics, Elsevier, vol. 161(C), pages 41-55.
    13. Alberola, Enrique & Erce, Aitor & Serena, José Maria, 2016. "International reserves and gross capital flows dynamics," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 151-171.
    14. Moritz Cruz, 2015. "The need for official reserves in Latin America: Assessing the precautionary motive, 1995-2011," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, March.
    15. 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.
    16. Zhichao Zhang & Frankie Chau & Li Xie, 2013. "Accumulation of large foreign reserves in China: a behavioural perspective," Economic Change and Restructuring, Springer, vol. 46(1), pages 85-108, March.
    17. Jane K. Dokko & Benjamin J. Keys & Lindsay E. Relihan, 2019. "Affordability, Financial Innovation, and the Start of the Housing Boom," Working Paper Series WP-2019-1, Federal Reserve Bank of Chicago.
    18. 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.
    19. Zineddine Alla, 2017. "Optimal policies in international macroeconomics [Politiques optimales en macroéconomie internationale]," SciencePo Working papers Main tel-03436551, HAL.
    20. Basu,Kaushik & Eichengreen,Barry J. & Gupta,Poonam - DECOS, 2014. "From tapering to tightening : the impact of the fed's exit on India," Policy Research Working Paper Series 7071, The World Bank.
    21. Chokri Zehri, 2020. "Capital controls to manage foreign exchange reserves and foreign debts," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 271-294.
    22. Guillermo Calvo & Alejandro Izquierdo & Rudy Loo-Kung, 2013. "Optimal Holdings of International Reserves: Self-insurance against Sudden Stops," Monetaria, CEMLA, vol. 0(1), pages 1-35, January-j.
    23. Cheng, G., 2013. "A Growth Perspective on Foreign Reserve Accumulation," Working papers 443, Banque de France.
    24. Ghosh, Atish R. & Ostry, Jonathan D. & Tsangarides, Charalambos G., 2014. "Accounting for emerging market countries' international reserves: Are Pacific Rim countries different?," Journal of International Money and Finance, Elsevier, vol. 49(PA), pages 52-82.
    25. Peter Montiel, 2014. "Capital Flows: Issues and Policies," Open Economies Review, Springer, vol. 25(3), pages 595-633, July.
    26. Heng, Dyna, 2011. "Does financial development reduce the motivation to hoard foreign reserves?," MPRA Paper 48555, University Library of Munich, Germany, revised 2012.
    27. 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.
    28. Yavuz Arslan & Carlos Cantú, 2019. "The size of foreign exchange reserves," BIS Papers chapters, in: Bank for International Settlements (ed.), Reserve management and FX intervention, volume 104, pages 1-23, Bank for International Settlements.
    29. Ilene Grabel, 2015. "The rebranding of capital controls in an era of productive incoherence," Review of International Political Economy, Taylor & Francis Journals, vol. 22(1), pages 7-43, February.
    30. Miss Nkunde Mwase, 2012. "How much should I hold? Reserve Adequacy in Emerging Markets and Small Islands," IMF Working Papers 2012/205, International Monetary Fund.
    31. 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.
    32. 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.
    33. Diwa C Gunigundo, 2014. "What have emerging market central banks learned about the international transmission of monetary policy in recent years? The Philippine case," BIS Papers chapters, in: Bank for International Settlements (ed.), The transmission of unconventional monetary policy to the emerging markets, volume 78, pages 265-283, Bank for International Settlements.
    34. 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.
    35. Mr. Matthew S Malloy, 2013. "Factors Influencing Emerging Market Central Banks’ Decision to Intervene in Foreign Exchange Markets," IMF Working Papers 2013/070, International Monetary Fund.
    36. Andrea Papadia & Claudio A. Schioppa, 2024. "Foreign Debt, Capital Controls, and Secondary Markets: Theory and Evidence from Nazi Germany," Journal of Political Economy, University of Chicago Press, vol. 132(6), pages 2074-2112.
    37. Moritz Cruz, 2015. "International reserves and growth: assessing the mercantilist motive in Latin America," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 37(3), pages 481-502, July.
    38. Moritz Cruz, 2014. "International reserves and the mercantilist approach: some further evidence," Economics Bulletin, AccessEcon, vol. 34(1), pages 446-451.
    39. Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016. "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series 180, European Central Bank.
    40. Aizenman, Joshua, 2019. "A modern reincarnation of Mundell-Fleming's trilemma," Economic Modelling, Elsevier, vol. 81(C), pages 444-454.
    41. Aydın, Suat & Tunç, Cengiz, 2023. "What is the most prominent reserve indicator that forewarns currency crises?," Economics Letters, Elsevier, vol. 231(C).
    42. Philip R. Lane, 2015. "International Financial Flows in Low-Income Countries," Pacific Economic Review, Wiley Blackwell, vol. 20(1), pages 49-72, February.
    43. D. Essers & E. Vincent, 2017. "The global financial safety net :In need of repair ?," Economic Review, National Bank of Belgium, issue ii, pages 87-112, september.
    44. International Monetary Fund, 2013. "Iraq: Selected Issues," IMF Staff Country Reports 2013/218, International Monetary Fund.
    45. Hidehiko Matsumoto, 2021. "Online Appendix to "Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth"," Online Appendices 19-52, Review of Economic Dynamics.
    46. Dakhlallah Kassim, 2019. "Reserve Adequacies and the Determinants of Foreign Exchange Reserves – Empirical Analysis through the Vector Error Correction Model: The Case of Lebanon," Review of Middle East Economics and Finance, De Gruyter, vol. 15(2), pages 1-17, August.
    47. Mary Everett & Vahagn Galstyan, 2020. "Bilateral cross-border banking and macroeconomic determinants," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(4), pages 921-944, November.
    48. Ilene Grabel, 2013. "The Rebranding of Capital Controls in an Era of Productive Incoherence," Working Papers wp318, Political Economy Research Institute, University of Massachusetts at Amherst.
    49. 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.
    50. 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.
    51. Miguel A. Segoviano & Bradley Jones & Peter Lindner & Johannes Blankenheim, 2013. "Securitization: Lessons Learned and the Road Ahead," IMF Working Papers 2013/255, International Monetary Fund.
    52. Sona Benecka & Lubos Komarek, 2019. "International reserves as a mirror of external effects and macroeconomic policies," Occasional Publications - Chapters in Edited Volumes, in: CNB Global Economic Outlook - April 2019, pages 15-22, Czech National Bank.

  14. Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Jun I Kim, 2012. "Surges," IMF Working Papers 2012/022, International Monetary Fund.

    Cited by:

    1. Eichengreen,Barry J. & Gupta,Poonam - DECOS, 2014. "Tapering talk : the impact of expectations of reduced federal reserve security purchases on emerging markets," Policy Research Working Paper Series 6754, The World Bank.
    2. Chantapacdepong, Pornpinun & Shim, Ilhyock, 2015. "Correlations across Asia-Pacific bond markets and the impact of capital flow management measures," Pacific-Basin Finance Journal, Elsevier, vol. 34(C), pages 71-101.

  15. Mr. Jonathan David Ostry & Mr. Atish R. Ghosh & Mr. Anton Korinek, 2012. "Multilateral Aspects of Managing the Capital Account," IMF Staff Discussion Notes 2012/010, International Monetary Fund.

    Cited by:

    1. Ostry, Jonathan D. & Ghosh, Atish R., 2016. "On the obstacles to international policy coordination," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 25-40.
    2. Kitano Shigeto & Takaku Kenya, 2018. "Capital controls as a credit policy tool in a small open economy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(1), pages 1-19, January.
    3. Chantapacdepong, Pornpinun & Shim, Ilhyock, 2015. "Correlations across Asia-Pacific bond markets and the impact of capital flow management measures," Pacific-Basin Finance Journal, Elsevier, vol. 34(C), pages 71-101.
    4. Ricardo J. Caballero & Alp Simsek, 2016. "A Model of Fickle Capital Flows and Retrenchment," NBER Working Papers 22751, National Bureau of Economic Research, Inc.
    5. Shigeto Kitano & Kenya Takaku, 2017. "Capital Controls, Macroprudential Regulation,and the Bank Balance Sheet Channel," Discussion Paper Series DP2017-18, Research Institute for Economics & Business Administration, Kobe University, revised Jan 2019.
    6. Boero, Gianna & Mandalinci, Zeyyad & Taylor, Mark P., 2019. "Modelling portfolio capital flows in a global framework: Multilateral implications of capital controls," Journal of International Money and Finance, Elsevier, vol. 90(C), pages 142-160.
    7. Olivier Jeanne, 2014. "Macroprudential Policies in a Global Perspective," NBER Working Papers 19967, National Bureau of Economic Research, Inc.
    8. Ashima Goyal & Rupayan Pal, 2022. "Global shocks and international policy coordination," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2022-008, Indira Gandhi Institute of Development Research, Mumbai, India.
    9. Benigno, Gianluca & Chen, Huigang & Otrok, Christopher & Rebucci, Alessandro & Young, Eric R., 2013. "Capital Controls or Real Exchange Rate Policy?: A Pecuniary Externality Perspective," IDB Publications (Working Papers) 4246, Inter-American Development Bank.
    10. Eichengreen, Barry, 2013. "Currency war or international policy coordination?," Journal of Policy Modeling, Elsevier, vol. 35(3), pages 425-433.
    11. Nataliia Osina, 2021. "Global liquidity and capital flow regulations," Journal of Banking Regulation, Palgrave Macmillan, vol. 22(1), pages 52-72, March.
    12. Shigeto Kitano & Kenya Takaku, 2017. "Capital Controls and Financial Frictions in a Small Open Economy," Open Economies Review, Springer, vol. 28(4), pages 761-793, September.
    13. Akram, Gilal Muhammad & Byrne, Joseph P., 2015. "Foreign exchange market pressure and capital controls," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 37(C), pages 42-53.
    14. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2022. "Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination," International Economics and Economic Policy, Springer, vol. 19(1), pages 79-127, February.
    15. Anton Korinek, 2017. "Currency wars or efficient spillovers?," BIS Working Papers 615, Bank for International Settlements.
    16. Shigeto Kitano & Kenya Takaku, 2018. "Capital Controls, Monetary Policy, And Balance Sheets In A Small Open Economy," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 859-874, April.
    17. Ashima Goyal, 2013. "Assessing changes in the global financial architecture from an emerging market perspective," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2013-006, Indira Gandhi Institute of Development Research, Mumbai, India.
    18. 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.
    19. Kevin P. Gallagher & Haihong Gao & William N. Kring & José A. Ocampo & Ulrich Volz, 2021. "Safety First: Expanding the Global Financial Safety Net in Response to COVID‐19," Global Policy, London School of Economics and Political Science, vol. 12(1), pages 140-148, February.
    20. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2014. "Introduction: Rethinking Macro Policy II--Getting Granular," MIT Press Book Chapters, in: What Have We Learned? Macroeconomic Policy After the Crisis, edition 1, volume 1, chapter 0, pages 1-28, The MIT Press.
    21. Guschanski, Alexander & Stockhammer, Engelbert, 2017. "Are current accounts driven by competitiveness or asset prices? A synthetic model and an empirical test," Greenwich Papers in Political Economy 17935, University of Greenwich, Greenwich Political Economy Research Centre.
    22. Fabrizio Coricelli & Zorobabel Bicaba, 2015. "Learning to open up: Capital account liberalizations in the post-Bretton Woods era," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01267264, HAL.
    23. Ilene Grabel, 2013. "The Rebranding of Capital Controls in an Era of Productive Incoherence," Working Papers wp318, Political Economy Research Institute, University of Massachusetts at Amherst.
    24. Belke, Ansgar, 2014. "Exit Strategies and Their Impact on the Euro Area - A Model Based View," Ruhr Economic Papers 467, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    25. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.
    26. Jeffrey M. Chwieroth, 2014. "Controlling Capital: The International Monetary Fund and Transformative Incremental Change from Within International Organisations," New Political Economy, Taylor & Francis Journals, vol. 19(3), pages 445-469, May.

  16. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mr. Marcos d Chamon, 2012. "Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies," IMF Staff Discussion Notes 2012/001, International Monetary Fund.

    Cited by:

    1. Akosah, Nana Kwame & Alagidede, Imhotep Paul & Schaling, Eric, 2020. "Testing for asymmetry in monetary policy rule for small-open developing economies: Multiscale Bayesian quantile evidence from Ghana," The Journal of Economic Asymmetries, Elsevier, vol. 22(C).
    2. Qin, Jing & Ge, Jintian & Lu, Xinsheng, 2018. "The effectiveness of the monetary policy in China: New evidence from long-range cross-correlation analysis and the components of multifractality," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 506(C), pages 1026-1037.
    3. 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.
    4. Montoro, Carlos & Ortiz, Marco, 2023. "The portfolio balance channel of capital flows and foreign exchange intervention in a small open economy," Journal of International Money and Finance, Elsevier, vol. 133(C).
    5. Abdelkader AGUIR, 2016. "Régime de ciblage d'inflation et crise financière : efficacité et performance," Post-Print hal-03825936, HAL.
    6. Jalali Naini, Ahmad Reza & Naderian, Mohammad Amin, 2017. "Oil Price Cycles, Fiscal Dominance and Counter-cyclical Monetary Policy in Iran," MPRA Paper 84480, University Library of Munich, Germany.
    7. Cavoli, Tony & Rajan, Ramkishen S., 2015. "Capital inflows and the interest premium problem: The effects of monetary sterilisation in selected Asian economies," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 1-18.
    8. Algozhina, Aliya, 2022. "Monetary policy rule, exchange rate regime, and fiscal policy cyclicality in a developing oil economy," Energy Economics, Elsevier, vol. 112(C).
    9. Ostry, Jonathan D. & Ghosh, Atish R. & Blanchard, Olivier & Chamon, Marcos, 2015. "Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence," CEPR Discussion Papers 10909, C.E.P.R. Discussion Papers.
    10. Daniel Ordoñez-Callamand & Juan D. Hernandez-Leal & Mauricio Villamizar-Villegas, 2017. "When Multiple Objectives Meet Multiple Instruments: Identifying Simultaneous Monetary Shocks," Borradores de Economia 997, Banco de la Republica de Colombia.
    11. Ken Miyajima, 2013. "Foreign exchange intervention and expectation in emerging economies," BIS Working Papers 414, Bank for International Settlements.
    12. Guglielmo Maria Caporale & Abdurrahman Nazif Catik & Mohamad Husam Helmi & Faek Nemla Ali & Coskun Akdeniz, 2016. "Monetary Policy Rules in Emerging Countries: Is there an Augmented Nonlinear Taylor Rule?," CESifo Working Paper Series 5965, CESifo.
    13. 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.
    14. Jaroslava Durčáková & Ondřej Šíma, 2013. "BRICS: Exchange Rate policy in Context of Internal and External Equilibrium [BRICS: Kurzová politika Brazílie v kontextu vnitřní a vnější rovnováhy]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2013(4), pages 7-29.
    15. Albagli, Elias & Ceballos, Luis & Claro, Sebastian & Romero, Damian, 2024. "UIP deviations: Insights from event studies," Journal of International Economics, Elsevier, vol. 148(C).
    16. Ken Miyajima & Carlos Montoro, 2013. "Impact of foreign exchange interventions on exchange rate expectations," BIS Papers chapters, in: Bank for International Settlements (ed.), Sovereign risk: a world without risk-free assets?, volume 73, pages 39-54, Bank for International Settlements.
    17. Xie, Taojun & Liu, Jingting & Alba, Joseph D. & Chia, Wai-Mun, 2017. "Does wage-inflation targeting complement foreign exchange intervention? An evaluation of a multi-target, two-instrument monetary policy framework," Economic Modelling, Elsevier, vol. 62(C), pages 68-81.
    18. Devasmita Jena & Ishika Kataruka, 2022. "Monetary Response to Oil Price Shock in Asian Oil Importing Countries: Evaluation of Inflation Targeting Framework," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(4), pages 809-825, December.
    19. Rashad Ahmed & Joshua Aizenman & Yothin Jinjarak, 2019. "Inflation and Exchange Rate Targeting Challenges Under Fiscal Dominance," NBER Working Papers 25996, National Bureau of Economic Research, Inc.
    20. Taeyoon Sung & Jong-Hee Kim, 2016. "Unconventional Monetary Policy, Global Liquidity Circulation, and Inflation Divergence around the World," The Developing Economies, Institute of Developing Economies, vol. 54(1), pages 6-26, March.
    21. Alpaslan, Baris & Demirel, Baki, 2014. "Exchange Rate Pass-Through Effect on Prices and Inflation Targeting: A Comparison of Emerging Market Economies," MPRA Paper 53726, University Library of Munich, Germany.
    22. van Roye, Björn & Floro, Danvee, 2017. "Threshold effects of financial stress on monetary policy rules: a panel data analysis," Working Paper Series 2042, European Central Bank.
    23. Gadanecz, Blaise & Miyajima, Ken & Shu, Chang, 2018. "Emerging market local currency sovereign bond yields: The role of exchange rate risk," International Review of Economics & Finance, Elsevier, vol. 57(C), pages 371-401.
    24. Franz Hamann & Marc Hofstetter & Miguel Urrutia, 2014. "Inflation Targeting in Colombia, 2002-2012," Borradores de Economia 11189, Banco de la Republica.
    25. Mauricio Villamizar-Villegas & David Perez-Reyna, 2015. "A Survey on the Effects of Sterilized Foreign Exchange Intervention," Borradores de Economia 12424, Banco de la Republica.
    26. Marcel Fratzscher & Tobias Heidland & Lukas Menkhoff & Lucio Sarno & Maik Schmeling, 2020. "Foreign Exchange Intervention: A New Database," Discussion Papers of DIW Berlin 1915, DIW Berlin, German Institute for Economic Research.
    27. Marc Pourroy, 2013. "Inflation-Targeting and Foreign Exchange Interventions in Emerging Economies," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881359, HAL.
    28. 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.
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    30. Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2016. "Capital Flows: Expansionary or Contractionary?," American Economic Review, American Economic Association, vol. 106(5), pages 565-569, May.
    31. Eli Direye & Tarron Khemraj, 2022. "Central bank securities and foreign exchange market intervention in a developing economy," Review of Development Economics, Wiley Blackwell, vol. 26(1), pages 280-297, February.
    32. Francesca Caselli, 2017. "Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?," IMF Working Papers 2017/206, International Monetary Fund.
    33. Mr. Luca A Ricci & Wei Shi, 2016. "Trilemma or Dilemma: Inspecting the Heterogeneous Response of Local Currency Interest Rates to Foreign Rates," IMF Working Papers 2016/075, International Monetary Fund.
    34. Moeeni , Shahram & Tayebi , Komeil, 2018. "Is It Necessary to Restrict Forex Financial Trading? A Modified Model," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 13(1), pages 63-80, January.
    35. Ali, Syed Zahid & Anwar, Sajid, 2022. "Risk-premium shocks and the prudent exchange rate policy," International Review of Economics & Finance, Elsevier, vol. 77(C), pages 97-122.
    36. Chen, Minghua & Wu, Ji & Jeon, Bang Nam & Wang, Rui, 2017. "Monetary policy and bank risk-taking: Evidence from emerging economies," Emerging Markets Review, Elsevier, vol. 31(C), pages 116-140.
    37. Jorge Arenas & Stephany Griffith-Jones, 2023. "Effectiveness of Foreign Exchange Interventions: Evidence and Lessons from Chile," Working Papers Central Bank of Chile 983, Central Bank of Chile.
    38. Oguzhan Ozcelebi & Nurtac Yildirim, 2017. "Impacts of short-term interest rates on stock returns and exchange rates: Empirical evidence from EAGLE countries," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 26(2), pages 228-255, February.
    39. Gabriela Bezerra Medeiros & Marcelo Savino Portugal & Edilean Kleber da Silva Bejarano Aragón, 2017. "Endogeneity and nonlinearities in Central Bank of Brazil’s reaction functions: an inverse quantile regression approach," Empirical Economics, Springer, vol. 53(4), pages 1503-1527, December.
    40. Jalali Naini, Ahmad Reza & Naderian, Mohammad Amin, 2017. "Financial Vulnerability and Stabilization Policy in Commodity Exporting Emerging Economies," MPRA Paper 84481, University Library of Munich, Germany.
    41. Erwin Hansen & Marco Morales, 2021. "When does the Central Bank intervene the foreign exchange market? Estimating a time‐varying threshold intervention function," International Review of Finance, International Review of Finance Ltd., vol. 21(2), pages 688-698, June.
    42. Franc Klaassen & Kostas Mavromatis, 2016. "Interest Rate Rules, Exchange Market Pressure, and Successful Exchange Rate Management," Tinbergen Institute Discussion Papers 16-034/VI, Tinbergen Institute.
    43. J. Scott Davis & Ippei Fujiwara & Jiao Wang, 2018. "Dealing with Time Inconsistency: Inflation Targeting versus Exchange Rate Targeting," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(7), pages 1369-1399, October.
    44. Feijó, Carmem Aparecida & Araújo, Eliane & Nassif, André, 2017. "A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    45. Karsten Kohler & Engelbert Stockhammer, 2022. "Flexible exchange rates in emerging markets: shock absorbers or drivers of endogenous cycles?," Working Papers PKWP2205, Post Keynesian Economics Society (PKES).
    46. Javier García-Cicco, 2021. "Alternative Monetary-Policy Instruments and Limited Credibility: An Exploration," BCRA Working Paper Series 202191, Central Bank of Argentina, Economic Research Department.
    47. Ghosh, Atish R. & Ostry, Jonathan D. & Chamon, Marcos, 2016. "Two targets, two instruments: Monetary and exchange rate policies in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 172-196.
    48. Marcel Fratzscher & Christoph Grosse Steffen & Malte Rieth, 2018. "Inflation Targeting as a Shock Absorber," Discussion Papers of DIW Berlin 1721, DIW Berlin, German Institute for Economic Research.
    49. Direye, Eli & Khemraj, Tarron, 2021. "Central bank securities and FX market intervention in a developing economy," MPRA Paper 111533, University Library of Munich, Germany, revised 09 Aug 2021.
    50. Christopher Loewald, 2021. "Macro works applying integrated policy frameworks to South Africa," Working Papers 11021, South African Reserve Bank.
    51. Emanuel Kohlscheen, 2013. "Order Flow and the Real: Indirect Evidence of the Effectiveness of Sterilized Interventions," BIS Working Papers 426, Bank for International Settlements.
    52. Cecchetti, Stephen G. & Narita, Machiko & Rawat, Umang & Sahay, Ratna, 2023. "Addressing Spillovers from Prolonged U.S. Monetary Policy Easing," Journal of Financial Stability, Elsevier, vol. 64(C).
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    54. Ross Kendall & Tim Ng, 2013. "The 2012 Policy Targets Agreement: an evolution in flexible inflation targeting in New Zealand," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 76, pages 3-12, December.
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    59. Alex Miksjuk & Mr. Sam Ouliaris & Mikhail Pranovich, 2015. "The Game of Anchors: Studying the Causes of Currency Crises in Belarus," IMF Working Papers 2015/281, International Monetary Fund.
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    63. Mr. Bernard J Laurens & Mr. Kelly Eckhold & Mr. Darryl King & Mr. Nils O Maehle & Abdul Naseer & Alain Durré, 2015. "The Journey to Inflation Targeting: Easier Said than Done The Case for Transitional Arrangements along the Road," IMF Working Papers 2015/136, International Monetary Fund.
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    331. Fatih AKBAYIR & Ahmet Burçin YERELİ, 2018. "Fiscal Space and Estimating Methods," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(38).
    332. Efrem Castelnuovo & Guay Lim & Giovanni Pellegrino, 2018. "Macroeconomic Policies in a Low Interest Rate Environment: Back to Keynes?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(1), pages 70-86, March.
    333. Malte Rengel, 2020. "Sustainability of European fiscal balances: Just a statistical artifact?," Empirical Economics, Springer, vol. 58(4), pages 1681-1712, April.
    334. Sena Kimm Gnangnon, 2019. "De Facto Fiscal Space in Donor-countries and Their Aid Supply: To What Extent is Trade-related Aid Supply Affected?," South Asian Journal of Macroeconomics and Public Finance, , vol. 8(1), pages 1-25, June.
    335. Jasper Lukkezen & Hugo Rojas-Romagosa, 2016. "A Stochastic Indicator for Sovereign Debt Sustainability," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 72(3), pages 229-267, September.
    336. Floriana Cerniglia - Enzo Dia - Andrew Hughes Hallett, 2018. "Fiscal sustainability vs. fiscal stability: tax and debt under entitlement spending," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale crn1801, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
    337. Frantisek Hajnovic & Juraj Zeman, 2012. "Fiscal Space in the Euro zone," Working and Discussion Papers WP 5/2012, Research Department, National Bank of Slovakia.
    338. Lawrence Ogbeifun & Olatunji Shobande, 2020. "Debt sustainability and the fiscal reaction function: evidence from MIST countries," Future Business Journal, Springer, vol. 6(1), pages 1-8, December.
    339. Ferdinandusse, Marien & Checherita-Westphal, Cristina & Attinasi, Maria Grazia & Lalouette, Laure & Bańkowski, Krzysztof & Palaiodimos, Georgios & Trindade Campos, Maria Manuel, 2017. "Euro area fiscal stance," Occasional Paper Series 182, European Central Bank.
    340. Vitor Gaspar, 2014. "The Making of a Continental Financial System: Lessons for Europe from Early American History," IMF Working Papers 2014/183, International Monetary Fund.
    341. Canofari, Paolo & Di Bartolomeo, Giovanni & Messori, Marcello, 2021. "“Whatever it takes”: A plea for active monetary policies," Economics Letters, Elsevier, vol. 208(C).
    342. Zixi Liu, 2015. "Do debt and growth dance together? A DSGE model of a small open economy with sovereign debt," Working Papers 2015.05, International Network for Economic Research - INFER.
    343. Floriana Cerniglia & Enzo Dia & Andrew Hughes Hallett, 2019. "Tax vs. Debt Management Under Entitlement Spending: a Multicountry Study," Open Economies Review, Springer, vol. 30(3), pages 425-443, July.
    344. Sawler, James, 2021. "Economics 101-ism and the Dunning-Kruger effect: Reducing overconfidence among introductory macroeconomics students," International Review of Economics Education, Elsevier, vol. 36(C).
    345. Gabriel Temesgen Woldu & Izabella Szakálné Kanó, 2024. "Primary surplus dynamics and fiscal sustainability in sub-saharan African countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 499-519, July.
    346. Andric, Vladimir & Arsic, Milojko & Nojkovic, Aleksandra, 2016. "Public Debt Sustainability in Serbia-Evidence from Transition and the Great Recession," EconStor Preprints 126682, ZBW - Leibniz Information Centre for Economics.
    347. Yakita, Akira, 2014. "Involuntary unemployment and sustainability of bond-financed fiscal deficit," Journal of Macroeconomics, Elsevier, vol. 41(C), pages 79-93.
    348. Abdul Jalil, 2020. "Debt Sustainability: Economic Growth is the Panacea," PIDE Knowledge Brief 2020:19, Pakistan Institute of Development Economics.
    349. Kindy R. Sjahrir, 2018. "Fiscal Constraints in the Financial System Stability Framework for Indonesian Data," Working Papers in Economics and Development Studies (WoPEDS) 201803, Department of Economics, Padjadjaran University, revised Dec 2018.
    350. Pierre Aldama & Jérôme Creel, 2017. "Why Fiscal Regimes Matter for Fiscal Sustainability: An Application to France," Working Papers 2017.01, International Network for Economic Research - INFER.
    351. Rho, Caterina & Saenz, Manrique, 2021. "Financial stress and the probability of sovereign default," Journal of International Money and Finance, Elsevier, vol. 110(C).
    352. Giuliana Passamani & Roberto Tamborini & Matteo Tomaselli, 2014. "Sustainability vs. credibility of fiscal consolidation. A Principal Components test for the Euro Zone," DEM Discussion Papers 2014/09, Department of Economics and Management.
    353. Tran, Ngan, 2018. "Debt threshold for fiscal sustainability assessment in emerging economies," Journal of Policy Modeling, Elsevier, vol. 40(2), pages 375-394.
    354. Sérgio C. Lagoa & Emanuel R. Leão & Diptes P. Bhimjee, 2022. "Dynamics of the public-debt-to-gdp ratio: can it explain the risk premium of treasury bonds?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(4), pages 1089-1122, November.
    355. Li, Tianyu & Du, Tongwei, 2021. "Vertical fiscal imbalance, transfer payments, and fiscal sustainability of local governments in China," International Review of Economics & Finance, Elsevier, vol. 74(C), pages 392-404.

  18. Mahvash S. Qureshi & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2011. "Managing Capital Inflows: The Role of Capital Controls and Prudential Policies," NBER Working Papers 17363, National Bureau of Economic Research, Inc.

    Cited by:

    1. Kristin J. Forbes & Francis E. Warnock, 2012. "Capital Debt -and Equity-Led Capital Flow Episodes," Working Papers Central Bank of Chile 676, Central Bank of Chile.
    2. Marcel Fratzscher, 2012. "Capital Controls and Foreign Exchange Policy," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(2), pages 66-98, August.
    3. Rudiger Ahrend & Antoine Goujard, 2012. "International Capital Mobility and Financial Fragility - Part 3. How Do Structural Policies Affect Financial Crisis Risk?: Evidence from Past Crises Across OECD and Emerging Economies," OECD Economics Department Working Papers 966, OECD Publishing.
    4. Fischer, Andreas M. & Yeşin, Pınar, 2022. "Foreign currency loan conversions and currency mismatches," Journal of International Money and Finance, Elsevier, vol. 122(C).
    5. Ding, Ding & Jinjarak, Yothin, 2012. "Development threshold, capital flows, and financial turbulence," The North American Journal of Economics and Finance, Elsevier, vol. 23(3), pages 365-385.
    6. Fabiani, Andrea & Piñeros, Martha López & Peydró, José-Luis & Soto, Paul E., 2022. "Capital controls, domestic macroprudential policy and the bank lending channel of monetary policy," Journal of International Economics, Elsevier, vol. 139(C).
    7. Elliott, David & Meisenzahl, Ralf R. & Peydró, José-Luis, 2024. "Nonbank lenders as global shock absorbers: Evidence from US monetary policy spillovers," Journal of International Economics, Elsevier, vol. 149(C).
    8. Lu'is A. V. Cat~ao & Jan Ditzen & Daniel Marcel te Kaat, 2023. "Global Factors in Non-core Bank Funding and Exchange Rate Flexibility," Papers 2310.11552, arXiv.org, revised Oct 2024.
    9. Kristin J. Forbes & Francis E. Warnock, 2011. "Capital Flow Waves: Surges, Stops, Flight, and Retrenchment," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
    10. Guido M. Kuersteiner & David C. Phillips & Mauricio Villamizar-Villegas, 2016. "Effective Sterilized Foreign Exchange Intervention? Evidence from a Rule-Based Policy," Borradores de Economia 964, Banco de la Republica de Colombia.
    11. Mr. Tobias Adrian & Christopher J. Erceg & Jesper Lindé & Pawel Zabczyk & Ms. Jianping Zhou, 2020. "A Quantitative Model for the Integrated Policy Framework," IMF Working Papers 2020/122, International Monetary Fund.
    12. Chokri Zehri, 2020. "The Domestic Impacts And Spillovers Of Capital Controls," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 65(227), pages 31-66, October –.
    13. Bijsterbosch, Martin & Falagiarda, Matteo & Pasricha, Gurnain & Aizenman, Joshua, 2015. "Domestic and multilateral effects of capital controls in emerging markets," Working Paper Series 1844, European Central Bank.
    14. Bank for International Settlements, 2012. "Challenges related to capital flows: Latin American perspectives," BIS Papers, Bank for International Settlements, number 68.
    15. Antoine GODIN & Sakir-Devrim YILMAZ, 2020. "Modelling Small Open Developing Economies in a Financialized World: A Stock-Flow Consistent Prototype Growth Model," Working Paper 5eb7e0e8-560f-4ce6-91a5-5, Agence française de développement.
    16. Simon P. Lloyd & Emile A. Marin, 2023. "Capital Controls and Free-Trade Agreements," Discussion Papers 2306, Centre for Macroeconomics (CFM).
    17. Jon Frost & Hiro Ito & René van Stralen, 2020. "The effectiveness of macroprudential policies and capital controls against volatile capital inflows," Working Papers 686, DNB.
    18. Ahmed, Shaghil & Zlate, Andrei, 2014. "Capital flows to emerging market economies: A brave new world?," Journal of International Money and Finance, Elsevier, vol. 48(PB), pages 221-248.
    19. Benjamin Carton, 2011. "The Impossible Trinity Revised: An Application to China," Working Papers 2011-27, CEPII research center.
    20. Charles Engel, 2012. "Capital controls: what have we learned?," BIS Papers chapters, in: Bank for International Settlements (ed.), Challenges related to capital flows: Latin American perspectives, volume 68, pages 22-26, Bank for International Settlements.
    21. Chokri Zehri & David McMillan, 2020. "Restrictive policy impacts in emerging economies," Cogent Economics & Finance, Taylor & Francis Journals, vol. 8(1), pages 1815979-181, January.
    22. Akira Kohsaka, 2024. "Why Does Euro’s Survival Matter? Financial Integration in East Asia and European Union," OSIPP Discussion Paper 24E001, Osaka School of International Public Policy, Osaka University.
    23. Kristina Spantig, 2012. "International monetary policy spillovers in an asymmetric world monetary system - The United States and China," Global Financial Markets Working Paper Series 2012-33, Friedrich-Schiller-University Jena.
    24. Marius del Giudice Rodriguez & Thomas Wu, 2013. "The Effect of Capital Controls and Prudential FX Measures on Options-Implied Exchange Rate Stability," Working Paper Series 2013-20, Federal Reserve Bank of San Francisco.
    25. Gustavo Adler & Mr. Ruy Lama & Juan Pablo Medina Guzman, 2016. "Foreign Exchange Intervention under Policy Uncertainty," IMF Working Papers 2016/067, International Monetary Fund.
    26. Ying Yirong & Feng Guohai, 2014. "The Influence of Exchange Rate Fluctuations under Capital Control," International Journal of Financial Economics, Research Academy of Social Sciences, vol. 2(1), pages 26-33.
    27. Cesar Rodrigues van der Laan & André Moreira Cunha & Marcos Tadeu Caputi Lélis, 2017. "On the effectiveness of capital controls during the Great Recession: The Brazilian experience (2007–2013)," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(2), pages 203-222, April.
    28. Ms. Longmei Zhang & Ms. Edda Zoli, 2014. "Leaning Against the Wind: Macroprudential Policy in Asia," IMF Working Papers 2014/022, International Monetary Fund.
    29. Balakina, Olga & D’Andrea, Angelo & Masciandaro, Donato, 2017. "Bank secrecy in offshore centres and capital flows: Does blacklisting matter?," Review of Financial Economics, Elsevier, vol. 32(C), pages 30-57.
    30. Cesar R. Van Der Laan & Marcos Tadeu C. Lélis & André Moreira Cunha, 2016. "External Capital Flows’ Management In The Great Recession: The Brazilian Experience (2007-2013)," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 035, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    31. Ravi Balakrishnan & Sylwia Nowak & Sanjaya Panth & Yiqun Wu, 2013. "Surging Capital Flows To Emerging Asia: Facts, Impacts And Responses," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 1-24.
    32. Tiago F. A. Matos & João C. A. Teixeira & Tiago M. Dutra, 2023. "The contribution of macroprudential policies to banks' resilience: Lessons from the systemic crises and the COVID‐19 pandemic shock," International Review of Finance, International Review of Finance Ltd., vol. 23(4), pages 794-830, December.
    33. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.
    34. Cavallaro, Eleonora & Cutrini, Eleonora, 2019. "Distance and beyond: What drives financial flows to emerging economies?," Economic Modelling, Elsevier, vol. 81(C), pages 533-550.
    35. Neanidis, Kyriakos C., 2019. "Volatile capital flows and economic growth: The role of banking supervision," Journal of Financial Stability, Elsevier, vol. 40(C), pages 77-93.

  19. Mr. Jonathan David Ostry & Mr. Atish R. Ghosh & Mr. Karl F Habermeier & Mr. Luc Laeven & Mr. Marcos d Chamon & Mahvash S Qureshi & Annamaria Kokenyne, 2011. "Managing Capital Inflows: What Tools to Use?," IMF Staff Discussion Notes 2011/006, International Monetary Fund.

    Cited by:

    1. Yung Chul Park & Shinji Takagi, 2012. "Managing Capital Flows in an Economic Community : The Case of ASEAN Capital Account Liberalization," Finance Working Papers 23329, East Asian Bureau of Economic Research.
    2. Carmen M. Reinhart & Vincent Reinhart & Christoph Trebesch, 2016. "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," CESifo Working Paper Series 5737, CESifo.
    3. Violaine Cousin, 2013. "Reserve Requirements as Window Guidance in China," Global Credit Review (GCR), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 21-42.
    4. Kiendrebeogo, Youssouf, 2016. "Unconventional monetary policy and capital flows," Economic Modelling, Elsevier, vol. 54(C), pages 412-424.
    5. Olivier Jeanne, 2012. "Capital Flow Management," American Economic Review, American Economic Association, vol. 102(3), pages 203-206, May.
    6. Uluc Aysun & Karlia Clarke & Oronde Small, 2022. "Capital Outflow Restrictions and Dollar Drainage," Working Papers 2022-02, University of Central Florida, Department of Economics.
    7. Christian Saborowski & Sarah Sanya & Hans Weisfeld & Juan Yepez, 2014. "Effectiveness of Capital Outflow Restrictions," IMF Working Papers 2014/008, International Monetary Fund.
    8. Nicolas Veron, 2012. "Financial Reform after the Crisis: An Early Assessment," Working Paper Series WP12-2, Peterson Institute for International Economics.
    9. 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.
    10. ITO Hiroyuki & Phuong TRAN, 2019. "Managing the Yield Curve in a Financially Globalized World," Discussion papers 19012, Research Institute of Economy, Trade and Industry (RIETI).
    11. Reinhart, Carmen, 2012. "Capital Inflows, Exchange Rate Flexibility, and Domestic Credit," MPRA Paper 51263, University Library of Munich, Germany.
    12. Philippe Bacchetta & Rachel Cordonier & Ouarda Merrouche, 2020. "The Rise in Foreign Currency Bonds: The Role of US Monetary Policy and Capital Controls," Swiss Finance Institute Research Paper Series 20-51, Swiss Finance Institute.
    13. Yin-Wong Cheung & Kenneth K. Chow & Matthew S. Yiu, 2017. "Effects of Capital Flow on the Equity and Housing Markets in Hong Kong," Working Papers 012017, Hong Kong Institute for Monetary Research.
    14. Goyal, Ashima & Verma, Akhilesh K, 2023. "Cross border flows, financial intermediation and interactions of policy rules in a small open economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 369-393.
    15. Mr. John D Brondolo, 2011. "Taxing Financial Transactions: An Assessment of Administrative Feasibility," IMF Working Papers 2011/185, International Monetary Fund.
    16. Marcel Fratzscher, 2012. "Capital Controls and Foreign Exchange Policy," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(2), pages 66-98, August.
    17. Ramos-Tallada, J., 2013. "Le FMI et la gestion des flux de capitaux : la longue route vers une approche pragmatique," Bulletin de la Banque de France, Banque de France, issue 192, pages 95-110.
    18. Johnson, Christopher P., 2021. "International shadow banking and prudential capital controls," Journal of International Money and Finance, Elsevier, vol. 119(C).
    19. Mr. Pau Rabanal & Mr. Christopher W. Crowe & Mr. Giovanni Dell'Ariccia & Ms. Deniz O Igan, 2011. "How to Deal with Real Estate Booms: Lessons from Country Experiences," IMF Working Papers 2011/091, International Monetary Fund.
    20. Fratzscher, Marcel & Forbes, Kristin & Straub, Roland, 2012. "Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls," CEPR Discussion Papers 8979, C.E.P.R. Discussion Papers.
    21. Kristin Forbes & Marcel Fratzscher & Roland Straub, 2014. "Capital-flow Management Measures: What Are They Good For?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2014, pages 76-97, National Bureau of Economic Research, Inc.
    22. Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Jun I Kim, 2012. "Surges," IMF Working Papers 2012/022, International Monetary Fund.
    23. Giovanna BUA, 2016. "International Risk Taking Channel in Emerging Markets," Departmental Working Papers 2016-01, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    24. Tong, Eric, 2017. "US monetary policy and global financial stability," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 466-485.
    25. Makram El-Shagi & Steven Yamarik, 2018. "IMF Conditionality and Capital Controls: Capital Account Liberalization to Capital Inflow Management?," CFDS Discussion Paper Series 2018/6, Center for Financial Development and Stability at Henan University, Kaifeng, Henan, China.
    26. Chokri Zehri, 2022. "Conditions for the success of capital controls: The elasticity approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 893-910, January.
    27. Ahmed, Pepita Ould & Ponsot, Jean-François, 2015. "Contestations monétaires : une économie politique de la monnaie," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 18.
    28. Mr. Daniel C Hardy & Philipp Hochreiter, 2014. "A Simple Macroprudential Liquidity Buffer," IMF Working Papers 2014/235, International Monetary Fund.
    29. Obstfeld, Maurice, 2011. "Financial Flows, Financial Crises, and Global Imbalances," CEPR Discussion Papers 8611, C.E.P.R. Discussion Papers.
    30. Anton Korinek, 2011. "Hot Money and Serial Financial Crises," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(2), pages 306-339, June.
    31. Gan-Ochir Doojav & Borkhuu Gotovsuren & Tsenddorj Dorjpurev, 2012. "Financial Contagion and Volatile Capital Flows," Occasional Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number occ56, April.
    32. Wenwen Sheng & M. C. Sunny Wong, 2017. "Capital Flow Management Policies and Riskiness of External Liability Structures: the Role of Local Financial Markets," Open Economies Review, Springer, vol. 28(3), pages 461-498, July.
    33. Teuta ISMAILI-MUHARREMI, 2015. "Factors Affecting Current Account in the Balance of Payments of Selected Western Balkan Countries," The Journal of Accounting and Management, Danubius University of Galati, issue 3, pages 61-68, December.
    34. Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon & Mahvash S. Qureshi, 2011. "Tools for Managing Financial-Stability Risks from Capital Inflows," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
    35. Gustavo Adler & Mr. Camilo E Tovar Mora, 2011. "Foreign Exchange Intervention: A Shield Against Appreciation Winds?," IMF Working Papers 2011/165, International Monetary Fund.
    36. Chen, Gao, 2024. "Capital controls and capital flows: Do controls reduce the size of flows?," Journal of International Money and Finance, Elsevier, vol. 145(C).
    37. Andre Nassif & Carmem Aparecida Feijo & Eliane Araújo, 2016. "Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade pattern and Thirlwall’s Law," PSL Quarterly Review, Economia civile, vol. 69(279), pages 373-421.
    38. Claudia M Buch & Linda S Goldberg, 2017. "Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network," International Journal of Central Banking, International Journal of Central Banking, vol. 13(2), pages 505-558, March.
    39. Maurice Obstfeld, 2012. "Does the Current Account Still Matter?," NBER Working Papers 17877, National Bureau of Economic Research, Inc.
    40. Obstfeld, Maurice, 2011. "The International Monetary System: Living with Asymmetry," CEPR Discussion Papers 8703, C.E.P.R. Discussion Papers.
    41. Joshua Aizenman & Brian Pinto, 2013. "Managing Financial Integration and Capital Mobility—Policy Lessons from the Past Two Decades," Review of International Economics, Wiley Blackwell, vol. 21(4), pages 636-653, September.
    42. Joshua Aizenman & Gurnain Pasricha, 2013. "Why Do Emerging Markets Liberalize Capital Outflow Controls? Fiscal versus Net Capital Flow Concerns," Staff Working Papers 13-21, Bank of Canada.
    43. Olivier Jeanne, 2014. "Macroprudential Policies in a Global Perspective," NBER Working Papers 19967, National Bureau of Economic Research, Inc.
    44. Joshua Aizenman & Yin-Wong Cheung & Hiro Ito, 2015. "International Reserves Before and After the Global Crisis: Is There No End to Hoarding?," CESifo Working Paper Series 5237, CESifo.
    45. Diwa C Guinigundo, 2013. "A note on the effectiveness of intervention in the foreign exchange market: the case of the Philippines," BIS Papers chapters, in: Bank for International Settlements (ed.), Sovereign risk: a world without risk-free assets?, volume 73, pages 263-277, Bank for International Settlements.
    46. Mr. Mynor Meza & Mr. Fernando L Delgado, 2011. "Developments in Financial Supervision and the Use of Macroprudential Measures in Central America," IMF Working Papers 2011/299, International Monetary Fund.
    47. Eduardo Olaberría, 2014. "Capital Inflows and Booms in Asset Prices: Evidence from a Panel of Countries," Central Banking, Analysis, and Economic Policies Book Series, in: Miguel Fuentes D. & Claudio E. Raddatz & Carmen M. Reinhart (ed.),Capital Mobility and Monetary Policy, edition 1, volume 18, chapter 8, pages 255-290, Central Bank of Chile.
    48. Yung Chul Park, 2011. "The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies," Macroeconomics Working Papers 23252, East Asian Bureau of Economic Research.
    49. Koh,Wee Chian & Yu,Shu, 2020. "A Decade after the 2009 Global Recession : Macroeconomic and Financial Sector Policies," Policy Research Working Paper Series 9289, The World Bank.
    50. Korinek, Anton & Sandri, Damiano, 2016. "Capital controls or macroprudential regulation?," Journal of International Economics, Elsevier, vol. 99(S1), pages 27-42.
    51. Feijó, Carmem Aparecida & Araújo, Eliane & Nassif, André, 2017. "A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    52. Diana Sadoveanu, 2012. "Dealing with the Challenges of Capital Inflows: The case of Romania," Proceedings of FIKUSZ '12, in: Pál Michelberger (ed.),Proceedings of FIKUSZ '12, pages 81-90, Óbuda University, Keleti Faculty of Business and Management.
    53. Park, Yung Chul, 2011. "The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies," ADBI Working Papers 284, Asian Development Bank Institute.
    54. Ghosh, Atish R. & Ostry, Jonathan D. & Chamon, Marcos, 2016. "Two targets, two instruments: Monetary and exchange rate policies in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 172-196.
    55. McKenzie, Rex & Pons-Vignon, Nicolas, 2012. "Volatile Capital Flows and a Route to Financial Crisis in South Africa," MPRA Paper 40119, University Library of Munich, Germany.
    56. Peter Tillmann, 2012. "Capital Inflows and Asset Prices: Evidence from Emerging Asia," Working Papers 182012, Hong Kong Institute for Monetary Research.
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    60. Andrzej Wojtyna, 2017. "Nowa faza dyskusji o kontroli międzynarodowych przepływów kapitału," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 6, pages 5-29.
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    66. Haakon Kavli & Nicola Viegi, 2017. "Are Determinants of Portfolio Flows Always the Same? - South African Results from a Time Varying Parameter Var Model," South African Journal of Economics, Economic Society of South Africa, vol. 85(1), pages 3-27, March.
    67. Adler, Gustavo & Chang, Kyun Suk & Wang, Zijiao, 2021. "Patterns of foreign exchange intervention under inflation targeting," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(4).
    68. International Monetary Fund, 2012. "Iceland: Selected Issues Paper," IMF Staff Country Reports 2012/090, International Monetary Fund.
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    135. Sandoval Paucar, Giovanny, 2018. "Efectos de desbordamiento sobre los mercados financieros de Colombia. Identificación a través de la heterocedasticidad [Spillovers effects on financial markets of Colombia. Identification through h," MPRA Paper 90422, University Library of Munich, Germany.
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    144. Cesar R. Van Der Laan & Marcos Tadeu C. Lélis & André Moreira Cunha, 2016. "External Capital Flows’ Management In The Great Recession: The Brazilian Experience (2007-2013)," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 035, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
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    146. Jinzhao Chen & Xingwang Qian, 2015. "Measuring the On-Going Changes in China's Capital Flow Management: A De Jure and a Hybrid Index Data Set," Working Papers 112015, Hong Kong Institute for Monetary Research.
    147. Barroso, João Barata R.B. & da Silva, Luiz A. Pereira & Sales, Adriana Soares, 2016. "Quantitative easing and related capital flows into Brazil: Measuring its effects and transmission channels through a rigorous counterfactual evaluation," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 102-122.
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  20. Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Charalambos G Tsangarides, 2011. "Words vs. Deeds: What Really Matters?," IMF Working Papers 2011/112, International Monetary Fund.

    Cited by:

    1. Lahura, Erick & Vega, Marco, 2013. "Regímenes cambiarios y desempeño macroeconómico: Una evaluación de la literatura," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 26, pages 101-119.
    2. Kristin Forbes & Marcel Fratzscher & Roland Straub, 2014. "Capital-flow Management Measures: What Are They Good For?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2014, pages 76-97, National Bureau of Economic Research, Inc.
    3. Magazzino, Cosimo & Mutascu, Mihai Ioan, 2022. "The Italian fiscal sustainability in a long-run perspective," The Journal of Economic Asymmetries, Elsevier, vol. 26(C).
    4. Bodea, Cristina, 2015. "Fixed exchange rates with escape clauses: The political determinants of the European Monetary System realignments," European Journal of Political Economy, Elsevier, vol. 39(C), pages 25-40.
    5. Mohammad Tarequl Hasan Chowdhury & Prasad Sankar Bhattacharya & Debdulal Mallick & Mehmet Ali Ulubaşoğlu, 2015. "Persistence, Capital Account Openness, and Financial Sector Health in Exchange Rate Regime Choice," The Economic Record, The Economic Society of Australia, vol. 91(294), pages 279-299, September.
    6. Vujanić Vlado & Gligorić Dragan, 2017. "The Impact of the Applied Exchange Rate Regimes on the Internal Balance of Transition Countries," Economics, Sciendo, vol. 5(2), pages 55-68, December.
    7. Fratzscher, Marcel & Forbes, Kristin & Straub, Roland, 2014. "Capital Controls and Macroprudential Measures: What Are They Good For?," CEPR Discussion Papers 9798, C.E.P.R. Discussion Papers.
    8. Mr. Manuk Ghazanchyan & Ms. Janet Gale Stotsky, 2013. "Drivers of Growth: Evidence from Sub-Saharan African Countries," IMF Working Papers 2013/236, International Monetary Fund.
    9. Cristina Bodea, 2014. "Fixed exchange rates, independent central banks and price stability in postcommunist countries: Conservatism and credibility," Economics and Politics, Wiley Blackwell, vol. 26(2), pages 185-211, July.
    10. Santana-Gallego, Maria & Pérez-Rodríguez, Jorge V., 2019. "International trade, exchange rate regimes, and financial crises," The North American Journal of Economics and Finance, Elsevier, vol. 47(C), pages 85-95.
    11. Klaus Schmidt-Hebbel, 2019. "Macroeconomic Institutions: Lessons from World Experience for MENA Countries," Working Papers 1311, Economic Research Forum, revised 21 Aug 2019.
    12. Ms. Janet Gale Stotsky & Mr. Manuk Ghazanchyan & Mr. Olumuyiwa S Adedeji & Mr. Nils O Maehle, 2012. "The Relationship Between the Foreign Exchange Regime and Macroeconomic Performance in Eastern Africa," IMF Working Papers 2012/148, International Monetary Fund.

  21. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mr. Charalambos G Tsangarides, 2011. "Exchange Rate Regimes and the Stability of the International Monetary System," IMF Occasional Papers 2011/001, International Monetary Fund.

    Cited by:

    1. Terrones, Marco E., 2019. "Do Fixers Perform Worse than Non-Fixers during Global Recessions and Recoveries?," MPRA Paper 91783, University Library of Munich, Germany.
    2. Mehl, Arnaud & Eichengreen, Barry & Chiţu, Livia, 2012. "When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets," Working Paper Series 1433, European Central Bank.
    3. Gian Maria Milesi-Ferretti & Philip Lane, 2011. "External Adjustment and the Global Crisis," The Institute for International Integration Studies Discussion Paper Series iiisdp369, IIIS.
    4. Levieuge, G. & Lucotte, Y. & Pradines-Jobet, F., 2019. "Central banks’ preferences and banking sector vulnerability," Journal of Financial Stability, Elsevier, vol. 40(C), pages 110-131.
    5. Mr. Philip R. Lane & Mr. Gian M Milesi-Ferretti, 2014. "Global Imbalances and External Adjustment after the Crisis," IMF Working Papers 2014/151, International Monetary Fund.
    6. Abdelkader Aguir, 2015. "Efficiency of monetary policy under inflation targeting," Post-Print hal-03791251, HAL.
    7. Chitu, Liva & Eichengreen, Barry & Mehl, Arnaud, 2012. "When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets (revised)," Department of Economics, Working Paper Series qt3v03b36h, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    8. Philipp Harms & Pierre†Guillaume Méon, 2018. "Good and useless FDI: The growth effects of greenfield investment and mergers and acquisitions," Review of International Economics, Wiley Blackwell, vol. 26(1), pages 37-59, February.
    9. Ostry, Jonathan D. & Furceri, Davide & Ganslmeier, Michael & Yang, Naihan, 2021. "Initial Output Losses from the Covid-19 Pandemic: Robust Determinants," CEPR Discussion Papers 15892, C.E.P.R. Discussion Papers.
    10. Armand Fouejieu A., 2013. "Coping with the recent financial crisis: Did inflation targeting make any difference?," International Economics, CEPII research center, issue 133, pages 72-92.
    11. Philipp Harms & Jakub Knaze, 2021. "Effective Exchange Rate Regimes and Inflation," Working Papers 2102, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    12. Abdelkader Aguir & Mounir Smida, 2014. "The Effects of Inflation Targeting on Macroeconomics Performance," Post-Print hal-03791288, HAL.

  22. Mr. Christopher W. Crowe & Mr. Jonathan David Ostry & Mr. Jun I Kim & Mr. Marcos d Chamon & Mr. Atish R. Ghosh, 2009. "Coping with the Crisis: Policy Options for Emerging Market Countries," IMF Staff Position Notes 2009/008, International Monetary Fund.

    Cited by:

    1. de Carvalho Filho Irineu E, 2011. "28 Months Later: How Inflation Targeters Outperformed Their Peers in the Great Recession," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-46, July.
    2. Balima, Wenéyam Hippolyte & Combes, Jean-Louis & Minea, Alexandru, 2017. "Sovereign debt risk in emerging market economies: Does inflation targeting adoption make any difference?," Journal of International Money and Finance, Elsevier, vol. 70(C), pages 360-377.
    3. Hallerberg, Mark & Scartascini, Carlos, 2015. "Explaining Changes in Tax Burdens in Latin America: Does Politics Trump Economics?," IDB Publications (Working Papers) 7205, Inter-American Development Bank.
    4. Susanto, Dwi & Adcock, Flynn J. & Thevanedz, Shad & Rosson, C. Parr, III & Costa, Rafael F., 2010. "The Spillover Effects of the Global Financial Crisis on Latin America," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61422, Agricultural and Applied Economics Association.
    5. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    6. Gian-Maria Milesi-Ferretti & Cedric Tille, 2011. "The Great Retrenchment: International Capital Flows During the Global Financial Crisis," Working Papers 382011, Hong Kong Institute for Monetary Research.
    7. Menkhoff, Lukas, 2012. "Foreign Exchange Intervention in Emerging Markets: A Survey of Empirical Studies," Hannover Economic Papers (HEP) dp-498, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    8. Jean-Pierre Allegret, 2012. "Responses of monetary authorities in emerging economies to international financial crises: what do we really know?," Post-Print hal-01411622, HAL.
    9. Amira El-Shal, 2012. "The Spillover Effects of the Global Financial Crisis on Economic Activity in Emerging Economies – Investigating the Egyptian Case Using the Financial Stress Index," Working Papers 737, Economic Research Forum, revised 2012.
    10. Zaman, Gheorghe & Georgescu, George, 2011. "Sovereign risk and debt sustainability: warning levels for Romania," MPRA Paper 32924, University Library of Munich, Germany.
    11. Mr. Kenji Moriyama, 2010. "The Spillover Effects of the Global Crisison Economic Activity in Mena Emerging Market Countries: An Analysis Using the Financial Stress Index," IMF Working Papers 2010/008, International Monetary Fund.
    12. Nallari, Raj & Mba, Leopold Engozogo, 2010. "Rethinking multipliers in a globalized world," Policy Research Working Paper Series 5277, The World Bank.
    13. Audrey Allegret Sallenave & Jean-Pierre Allegret, 2015. "Capital flow bonanzas and monetary policy in emerging Europe: responses to the global financial crisis," Post-Print hal-03572540, HAL.
    14. Pelinescu, Elena, 2012. "Transmission Mechanism of Monetary Policy in Romania. Insights into the Economic Crisis," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 5-21, September.
    15. Dąbrowski, Marek A. & Śmiech, Sławomir & Papież, Monika, 2013. "Monetary policy options for mitigating the impact of the global financial crisis on emerging market economies," MPRA Paper 56337, University Library of Munich, Germany.
    16. Cheng, Gong, 2015. "Balance sheet effects, foreign reserves and public policies," Journal of International Money and Finance, Elsevier, vol. 59(C), pages 146-165.
    17. Josifidis, Kosta & Allegret, Jean-Pierre & Gimet, Céline & Pucar, Emilija Beker, 2014. "Macroeconomic policy responses to financial crises in emerging European economies," Economic Modelling, Elsevier, vol. 36(C), pages 577-591.
    18. Klaus Abberger & Biswa Nath Bhattacharyay & Chang Woon Nam & Gernot Nerb & Siegfried Schönherr, 2014. "How Can the Crisis Vulnerability of Emerging Economies Be Reduced?," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 65, September.
    19. de Carvalho Filho, Irineu, 2010. "Inflation Targeting and the Crisis: An Empirical Assessment," MPRA Paper 19960, University Library of Munich, Germany.
    20. Peter J. Morgan, 2012. "The Role and Effectiveness of Unconventional Monetary Policy," Chapters, in: Masahiro Kawai & Peter J. Morgan & Shinji Takagi (ed.), Monetary and Currency Policy Management in Asia, chapter 2, Edward Elgar Publishing.
    21. International Monetary Fund, 2010. "The Cyclicality of Fiscal Policy in the Middle East and Central Asia: Is the Current Crisis Different?," IMF Working Papers 2010/068, International Monetary Fund.
    22. Zaman Gheorghe & Georgescu George, 2009. "The Impact Of Global Crisis On Romania'S Economic Development," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-1.
    23. Mr. Chris Papageorgiou & Hans Weisfeld & Ms. Catherine A Pattillo & Mr. Martin Schindler & Mr. Nikola Spatafora & Mr. Andrew Berg, 2011. "Global Shocks and their Impacton Low-Income Countries: Lessons From theglobal Financial Crisis," IMF Working Papers 2011/027, International Monetary Fund.
    24. Jelena Nikolajenko & Rasa Viederytė & Agnė Šneiderienė & Ignas Aničas, 2021. "Components for Measuring the Efficiency of the Intervention Measures to Support Business, Initiated and Implemented by the Government of Lithuania during the First Lockdown," Sustainability, MDPI, vol. 13(3), pages 1-19, January.
    25. Trenovski, Borce & Tashevska, Biljana, 2017. "Lessons Learned From the Global Recession - Redesigned Framework of Key Macroeconomic Policies," MPRA Paper 91297, University Library of Munich, Germany, revised 10 Jan 2018.
    26. Andrzej Wojtyna, 2011. "Standardowe i niestandardowe działania antykryzysowe w gospodarkach wschodzących," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 1-21.

  23. Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Alun H. Thomas & Mr. Jun I Kim & Ms. Uma Ramakrishnan & Mr. Bikas Joshi, 2008. "IMF Support and Crisis Prevention," IMF Occasional Papers 2008/004, International Monetary Fund.

    Cited by:

    1. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mahvash S Qureshi, 2014. "Exchange Rate Management and Crisis Susceptibility: A Reassessment," IMF Working Papers 2014/011, International Monetary Fund.
    2. Ghosh,Swati R. & Sugawara,Naotaka & Zalduendo,Juan F., 2011. "Banking flows and financial crisis -- financial interconnectedness and basel III effects," Policy Research Working Paper Series 5769, The World Bank.
    3. Marcos Chamon & Atish Ghosh & Jun Il Kim, 2012. "Are All Emerging Market Crises Alike?," Chapters, in: Maurice Obstfeld & Dongchul Cho & Andrew Mason (ed.), Global Economic Crisis, chapter 10, Edward Elgar Publishing.
    4. Swati R. Ghosh & Naotaka Sugawara & Juan Zalduendo, 2012. "Banking Flows And Financial Crisis Financial Interconnectedness And Basel Iii Effects," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-32.
    5. Gong Cheng & Dominika Miernik & Teuta Turani, 2020. "Finding complementarities in IMF and RFA toolkits," Discussion Papers 8, European Stability Mechanism, revised 25 Oct 2021.

  24. Mr. Bikas Joshi & Ms. Manuela Goretti & Ms. Uma Ramakrishnan & Mr. Alun H. Thomas & Mr. Atish R. Ghosh & Mr. Juan Zalduendo, 2008. "Capital Inflows and Balance of Payments Pressures: Tailoring Policy Responses in Emerging Market Economies," IMF Policy Discussion Papers 2008/002, International Monetary Fund.

    Cited by:

    1. Sophocles Brissimis & George Hondroyiannis & Christos Papazoglou & Nicholas Tsaveas & Melina Vasardani, 2013. "The determinants of current account imbalances in the euro area: a panel estimation approach," Economic Change and Restructuring, Springer, vol. 46(3), pages 299-319, August.
    2. Inderjit Kaur & Nirvikar Singh, 2014. "Financial Integration and Financial Development in East Asia," Millennial Asia, , vol. 5(1), pages 1-22, April.
    3. Bank for International Settlements, 2009. "Capital flows and emerging market economies," CGFS Papers, Bank for International Settlements, number 33, december.
    4. Ms. Daria V Zakharova, 2008. "One-Size-Fits-One: Tailor-Made Fiscal Responses to Capital Flows," IMF Working Papers 2008/269, International Monetary Fund.
    5. Jean-Pierre Allegret, 2012. "Les mouvements de capitaux à destination des pays émergents après la crise financière liée aux subprimes," Post-Print hal-01410723, HAL.
    6. Ho-don Yan & Cheng-lang Yang, 2012. "Are there different linkages of foreign capital inflows and the current account between industrial countries and emerging markets?," Empirical Economics, Springer, vol. 43(1), pages 25-54, August.
    7. Ms. Marialuz Moreno Badia & Mr. Alex Segura-Ubiergo, 2014. "Real Exchange Rate Appreciation in Emerging Markets: Can Fiscal Policy Help?," IMF Working Papers 2014/001, International Monetary Fund.
    8. Juda Agung & Solikin M Juhro & Harmanta & Tarsidin, 2016. "Managing monetary and financial stability in a dynamic global environment: Bank Indonesia s policy perspectives," BIS Papers chapters, in: Bank for International Settlements (ed.), Expanding the boundaries of monetary policy in Asia and the Pacific, volume 88, pages 157-188, Bank for International Settlements.

  25. Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Ms. Manuela Goretti & Mr. Bikas Joshi & Mr. Alun H. Thomas, 2007. "Modeling Aggregate Use of Fund Resources—Analytical Approaches and Medium-Term Projections," IMF Working Papers 2007/070, International Monetary Fund.

    Cited by:

    1. Yasemin Bal Gündüz, 2009. "Estimating Demand for IMF Financing by Low-Income Countries in Response to Shocks," IMF Working Papers 2009/263, International Monetary Fund.
    2. ., 2016. "Introduction and overview: the purposes and operations of the IMF," Chapters, in: The International Monetary Fund, chapter 1, pages 1-18, Edward Elgar Publishing.
    3. Bal Gündüz, Yasemin, 2016. "The Economic Impact of Short-term IMF Engagement in Low-Income Countries," World Development, Elsevier, vol. 87(C), pages 30-49.
    4. Graham Bird & Dane Rowlands, 2010. "The Episodic and Unpredictable Nature of IMF Lending: An Empirical Analysis," The World Economy, Wiley Blackwell, vol. 33(10), pages 1280-1301, October.
    5. Mr. Eugenio M Cerutti, 2007. "IMF Drawing Programs: Participation Determinants and Forecasting," IMF Working Papers 2007/152, International Monetary Fund.
    6. Andrea F. Presbitero & Alberto Zazzaro, 2010. "IMF Lending in Low- and Middle-Income Countries in the Wake of the Global Crisis," Development Working Papers 305, Centro Studi Luca d'Agliano, University of Milano.

  26. Mr. Charalambos Christofides & Mr. Atish R. Ghosh & Ms. Uma Ramakrishnan & Mr. Alun H. Thomas & Ms. Laura Papi & Mr. Juan Zalduendo & Mr. Jun I Kim, 2005. "The Design of IMF-Supported Programs," IMF Occasional Papers 2005/007, International Monetary Fund.

    Cited by:

    1. Mr. Christian Mumssen & Yasemin Bal Gündüz & Mr. Christian H Ebeke & Ms. Linda Kaltani, 2013. "IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term," IMF Working Papers 2013/273, International Monetary Fund.
    2. Marin Ferry, 2019. "The carrot and stick approach to debt relief: overcoming moral hazard," Journal of African Economies, Centre for the Study of African Economies, vol. 28(3), pages 252-276.
    3. Alberto Alesina & Silvia Ardagna & Francesco Trebbi, 2006. "Who Adjusts and When? On the Political Economy of Reforms," NBER Working Papers 12049, National Bureau of Economic Research, Inc.
    4. Mr. Roger P. Kronenberg & Alessandro Giustiniani, 2005. "Financial Sector Conditionality: Is Tougher Better?," IMF Working Papers 2005/230, International Monetary Fund.
    5. Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Ms. Manuela Goretti & Mr. Bikas Joshi & Mr. Alun H. Thomas, 2007. "Modeling Aggregate Use of Fund Resources—Analytical Approaches and Medium-Term Projections," IMF Working Papers 2007/070, International Monetary Fund.
    6. Hippolyte Balima & Anna Sokolova, 2021. "IMF programs and economic growth: A meta-analysis," Post-Print hal-03557677, HAL.
    7. Boz, Emine, 2011. "Sovereign default, private sector creditors, and the IFIs," Journal of International Economics, Elsevier, vol. 83(1), pages 70-82, January.
    8. Mr. Jun I Kim, 2006. "IMF-Supported Programs and Crisis Prevention: An Analytical Framework," IMF Working Papers 2006/156, International Monetary Fund.
    9. Ferry, Marin & de Talancé, Marine & Niño-Zarazúa, Miguel, 2022. "Less debt, more schooling? Evidence from cross-country micro data," Journal of Comparative Economics, Elsevier, vol. 50(1), pages 153-173.
    10. Ghosh,Swati R. & Sugawara,Naotaka & Zalduendo,Juan F., 2011. "Banking flows and financial crisis -- financial interconnectedness and basel III effects," Policy Research Working Paper Series 5769, The World Bank.
    11. Theo S. Eicher & David J. Kuenzel & Mr. Chris Papageorgiou & Mr. Charalambos Christofides, 2018. "Forecasts in Times of Crises," IMF Working Papers 2018/048, International Monetary Fund.
    12. Mr. Andrew Berg & Ms. Filiz D Unsal & Mr. Rafael A Portillo, 2010. "On the Optimal Adherence to Money Targets in a New-Keynesian Framework: An Application to Low-Income Countries," IMF Working Papers 2010/134, International Monetary Fund.
    13. Mr. Jaromir Benes & Mr. Andrew Berg & Mr. Rafael A Portillo & Mai Dao & Mr. Alfredo Baldini, 2012. "Monetary Policy in Low Income Countries in the Face of the Global Crisis: The Case of Zambia," IMF Working Papers 2012/094, International Monetary Fund.
    14. Swati R. Ghosh & Naotaka Sugawara & Juan Zalduendo, 2012. "Banking Flows And Financial Crisis Financial Interconnectedness And Basel Iii Effects," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-32.
    15. Graham Bird & Dane Rowlands, 2017. "The Effect of IMF Programmes on Economic Growth in Low Income Countries: An Empirical Analysis," Journal of Development Studies, Taylor & Francis Journals, vol. 53(12), pages 2179-2196, December.

  27. Ms. Christina Daseking & Mr. Atish R. Ghosh & Mr. Timothy D. Lane & Mr. Alun H. Thomas, 2005. "Lessons from the Crisis in Argentina," IMF Occasional Papers 2005/003, International Monetary Fund.

    Cited by:

    1. Benjamin Hébert & Jesse Schreger, 2016. "The Costs of Sovereign Default: Evidence from Argentina," NBER Working Papers 22270, National Bureau of Economic Research, Inc.
    2. Samarakoon, Lalith P., 2024. "What broke the pearl of the Indian ocean? The causes of the Sri Lankan economic crisis and its policy implications," Journal of Financial Stability, Elsevier, vol. 70(C).
    3. Martinoty, Laurine, 2022. "Partner’s income shock and female labor supply. Evidence from the repeal of Argentina’s convertibility law," World Development, Elsevier, vol. 159(C).
    4. Lagunes, Mario & Watkins, Karen, 2009. "Efectos de las Crisis Anticipadas y No Anticipadas sobre El Contagio Financiero Internacional," Panorama Económico, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 0(08), pages 101-148, primer se.

  28. Swart R. Ghosh & Mr. Atish R. Ghosh, 2002. "Structural Vulnerabilities and Currency Crises," IMF Working Papers 2002/009, International Monetary Fund.

    Cited by:

    1. 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.
    2. Sylvain Barthélémy & Virginie Gautier & Fabien Rondeau, 2024. "Early warning system for currency crises using long short‐term memory and gated recurrent unit neural networks," Post-Print hal-04470367, HAL.
    3. Candelon, B. & Dumitrescu, E-I. & Hurlin, C., 2010. "Currency crises early warning systems: why they should be dynamic," Research Memorandum 047, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    4. Juan Aparicio & Miguel A. Duran & Ana Lozano-Vivas & Jesus T. Pastor, 2024. "Are Charter Value and Supervision Aligned? A Segmentation Analysis," Papers 2401.12274, arXiv.org.
    5. Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Jun I Kim, 2012. "Surges," IMF Working Papers 2012/022, International Monetary Fund.
    6. Theo S. Eicher & Charis Christofides & Chris Papageorgiou, 2012. "Did Established Early Warning Signals Predict the 2008 Crises?," Working Papers UWEC-2012-05, University of Washington, Department of Economics.
    7. Nouriel Roubini & Paolo Manasse, 2005. "“Rules of Thumb” for Sovereign Debt Crises," IMF Working Papers 2005/042, International Monetary Fund.
    8. Hasan Vergil & Erdogan Teyyare, 2017. "Crisis, Institutional Quality and Economic Growth," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 31(2), pages 1-19.
    9. Waelchli Boris, 2016. "A proximity based macro stress testing framework," Dependence Modeling, De Gruyter, vol. 4(1), pages 1-26, November.
    10. Shimpalee, Pattama L. & Breuer, Janice Boucher, 2007. "An event study of institutions and currency crises," Review of Financial Economics, Elsevier, vol. 16(3), pages 274-290.
    11. Luis Hernando Portillo-Riascos & Edinson Ortiz-Benavides, 2021. "The External Vulnerability of the Colombian Economy 1990-2015: A Comparative Analysis," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 94, pages 11-46, Enero-Jun.
    12. Mr. Andrew J Tiffin, 2019. "Machine Learning and Causality: The Impact of Financial Crises on Growth," IMF Working Papers 2019/228, International Monetary Fund.
    13. Ahmet Atil Asici, 2007. "Parametric and Non-parametric Approaches to Exits from Fixed Exchange Rate Regimes," IHEID Working Papers 14-2007, Economics Section, The Graduate Institute of International Studies.
    14. Katsuyuki Tanaka & Takuji Kinkyo & Shigeyuki Hamori, 2018. "Financial Hazard Map: Financial Vulnerability Predicted by a Random Forests Classification Model," Sustainability, MDPI, vol. 10(5), pages 1-18, May.
    15. Filip Bašić & Tomislav Globan, 2023. "Early bird catches the worm: finding the most effective early warning indicators of recessions," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(1), pages 2120040-212, December.
    16. Mamdouh Abdelmoula M. Abdelsalama & Hany Abdel-Latif, 2019. "An optimal early warning system for currency crises under model uncertainty," Working Papers 1334, Economic Research Forum, revised 21 Aug 2019.
    17. Andre Cartapanis, 2004. "Le declenchement des crises de change : qu'avons-nous appris depuis dix ans ?," Economie Internationale, CEPII research center, issue 97, pages 5-48.
    18. Allaj, Erindi & Sanfelici, Simona, 2023. "Early Warning Systems for identifying financial instability," International Journal of Forecasting, Elsevier, vol. 39(4), pages 1777-1803.
    19. Zorobabel Bicaba & Daniel Kapp & Francesco Molteni, 2011. "Stability periods between financial crises : The role of macroeconomic fundamentals and crises management policies," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00639869, HAL.
    20. Martin Feldkircher & Thomas Gruber & Isabella Moder, 2014. "Using a Threshold Approach to Flag Vulnerabilities in CESEE Economies," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 8-30.
    21. Mr. Brad Setser & Nouriel Roubini & Mr. Christian Keller & Mr. Mark Allen & Mr. Christoph B. Rosenberg, 2002. "A Balance Sheet Approach to Financial Crisis," IMF Working Papers 2002/210, International Monetary Fund.
    22. Tanaka, Katsuyuki & Kinkyo, Takuji & Hamori, Shigeyuki, 2016. "Random forests-based early warning system for bank failures," Economics Letters, Elsevier, vol. 148(C), pages 118-121.
    23. Detken, Carsten & Alessi, Lucia, 2014. "Identifying excessive credit growth and leverage," Working Paper Series 1723, European Central Bank.
    24. Licchetta, Mirko, 2009. "Common determinants of currency crises: role of external balance sheet variables," Bank of England working papers 366, Bank of England.
    25. Rakesh Padhan & K. P. Prabheesh, 2019. "Effectiveness Of Early Warning Models: A Critical Review And New Agenda For Future Direction," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 22(4), pages 457-484, December.
    26. G. Rossini & P. Zanghieri, 2006. "Current account composition and sustainability of external debt (I)," Working Papers 568, Dipartimento Scienze Economiche, Universita' di Bologna.
    27. Bolívar, Fernando & Duran, Miguel A. & Lozano-Vivas, Ana, 2023. "Business model contributions to bank profit performance: A machine learning approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    28. Jeffrey A. Frankel & George Saravelos, 2010. "Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis," NBER Working Papers 16047, National Bureau of Economic Research, Inc.
    29. Cristiano Prado Martins Barbosa, 2004. "Fatores Políticos E Institucionais: Impactos Sobre Paradas Bruscas De Financiamento Externo," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 070, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    30. Marcos Chamon & Atish Ghosh & Jun Il Kim, 2012. "Are All Emerging Market Crises Alike?," Chapters, in: Maurice Obstfeld & Dongchul Cho & Andrew Mason (ed.), Global Economic Crisis, chapter 10, Edward Elgar Publishing.
    31. Mr. Axel Schimmelpfennig & Nouriel Roubini & Paolo Manasse, 2003. "Predicting Sovereign Debt Crises," IMF Working Papers 2003/221, International Monetary Fund.
    32. Jianping Shi & Yu Gao, 2010. "A study on KLR financial crisis early-warning model," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(2), pages 254-275, June.
    33. Ryota Nakatani, 2014. "The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models," UTokyo Price Project Working Paper Series 043, University of Tokyo, Graduate School of Economics.
    34. Roberto Savona & Marika Vezzoli, 2012. "Multidimensional Distance‐To‐Collapse Point And Sovereign Default Prediction," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 19(4), pages 205-228, October.
    35. Jianping Shi & Yu Gao, 2010. "A Study on KLR Financial Crisis Early-Warning Model," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 5(2), pages 254-275, June.
    36. Rupa Duttagupta & Mr. Paul Cashin, 2008. "The Anatomy of Banking Crises," IMF Working Papers 2008/093, International Monetary Fund.
    37. Paulo Jorge Reis Mourão, 2014. "When municipalities go shopping-Portuguese direct awards," Public Money & Management, Taylor & Francis Journals, vol. 34(6), pages 433-440, November.
    38. Mr. Jonathan David Ostry & Mr. Jeromin Zettelmeyer, 2005. "Strengthening IMF Crisis Prevention," IMF Working Papers 2005/206, International Monetary Fund.
    39. Duttagupta, Rupa & Cashin, Paul, 2011. "Anatomy of banking crises in developing and emerging market countries," Journal of International Money and Finance, Elsevier, vol. 30(2), pages 354-376, March.
    40. Lanbiao Liu & Chen Chen & Bo Wang, 2022. "Predicting financial crises with machine learning methods," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(5), pages 871-910, August.
    41. Marcos Chamon & Paolo Manasse & Alessandro Prati, 2007. "Can We Predict the Next Capital Account Crisis?," IMF Staff Papers, Palgrave Macmillan, vol. 54(2), pages 270-305, June.
    42. E. Davis & Dilruba Karim & Iana Liadze, 2011. "Should multivariate early warning systems for banking crises pool across regions?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(4), pages 693-716, November.
    43. Mr. Abdul d Abiad, 2003. "Early Warning Systems: A Survey and a Regime-Switching Approach," IMF Working Papers 2003/032, International Monetary Fund.
    44. Pattama L. Shimpalee & Janice Boucher Breuer, 2007. "An event study of institutions and currency crises," Review of Financial Economics, John Wiley & Sons, vol. 16(3), pages 274-290.
    45. Shimpalee, Pattama L. & Breuer, Janice Boucher, 2006. "Currency crises and institutions," Journal of International Money and Finance, Elsevier, vol. 25(1), pages 125-145, February.
    46. Turgut Yokuş, 2024. "Early Warning Systems for World Energy Crises," Sustainability, MDPI, vol. 16(6), pages 1-18, March.
    47. Ivana Marjanoviæ & Milan Markoviæ, 2019. "Determinants of currency crises in the Republic of Serbia," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 37(1), pages 191-212.
    48. Sever, Can, 2021. "Political booms and currency crises," Journal of Macroeconomics, Elsevier, vol. 70(C).

  29. Atish Ghosh & Holger Wolf, 2001. "Imperfect Exchange Rate Passthrough: Strategic Pricing and Menu Costs," CESifo Working Paper Series 436, CESifo.

    Cited by:

    1. Frank Smets & Raf Wouters, 2002. "Openness, imperfect exchange rate pass-through and monetary policy," Working Paper Research 19, National Bank of Belgium.
    2. Mehmet Balcilar & David Roubaud & Ojonugwa Usman & Mark E. Wohar, 2021. "Testing the asymmetric effects of exchange rate pass‐through in BRICS countries: Does the state of the economy matter?," The World Economy, Wiley Blackwell, vol. 44(1), pages 188-233, January.
    3. Hernán Rincón-Castro & Norberto Rodríguez-Niño, 2016. "Nonlinear Pass-Through of Exchange Rate Shocks on Inflation: A Bayesian Smooth Transition VAR Approach," Borradores de Economia 14299, Banco de la Republica.
    4. Steve Ambler & Ali Dib & Nooman Rebei, 2003. "Nominal Rigidities and Exchange Rate Pass-Through in a Structural Model of a Small Open Economy," Staff Working Papers 03-29, Bank of Canada.
    5. Rajmund Mirdala, 2014. "Exchange Rate Pass-Through to Domestic Prices under Different Exchange Rate Regimes," William Davidson Institute Working Papers Series wp1070, William Davidson Institute at the University of Michigan.
    6. Mr. Oral Williams & Mr. Olumuyiwa S Adedeji, 2004. "Inflation Dynamics in the Dominican Republic," IMF Working Papers 2004/029, International Monetary Fund.
    7. Gregory Goering & Michael Pippenger, 2009. "Exchange Rates and Concurrent Leasing and Selling in Durable-Goods Monopoly," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 37(2), pages 187-196, June.
    8. Eva Ortega & Nooman Rebei, 2006. "The Welfare Implications of Inflation versus Price-Level Targeting in a Two-Sector, Small Open Economy," Staff Working Papers 06-12, Bank of Canada.
    9. Nooman Rebei & Steven Ambler & Ali Dib, 2004. "Optimal Taylor Rules in an Estimated Model of a Small Open Economy," Econometric Society 2004 North American Summer Meetings 627, Econometric Society.
    10. Mirdala, Rajmund, 2015. "Exchange Rate Pass-Through in the Euro Area," MPRA Paper 68862, University Library of Munich, Germany.
    11. Hernán Rincón-Castro & Norberto Rodríguez-Niño, 2018. "Nonlinear state and shock dependence of exchange rate pass through on prices," BIS Working Papers 690, Bank for International Settlements.
    12. Beirne, John & Renzhi, Nuobu & Panthi, Pradeep, 2024. "Exchange rate pass-through in emerging Asia and exposure to external shocks," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 1608-1624.
    13. Balcilar, Mehmet & Roubaud, David & Usman, Ojonugwa & Wohar, Mark E., 2021. "Moving out of the linear rut: A period-specific and regime-dependent exchange rate and oil price pass-through in the BRICS countries," Energy Economics, Elsevier, vol. 98(C).
    14. Cletus C. Coughlin & Patricia S. Pollard, 2004. "Size matters: asymmetric exchange rate pass-through at the industry level," Working Papers 2003-029, Federal Reserve Bank of St. Louis.
    15. Jiménez-Rodríguez, Rebeca & Morales-Zumaquero, Amalia, 2016. "A new look at exchange rate pass-through in the G-7 countries," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 985-1000.

  30. Mr. Atish R. Ghosh & Ms. Gabriela Basurto, 2000. "The Interest Rate-Exchange Rate Nexus in the Asian Crisis Countries," IMF Working Papers 2000/019, International Monetary Fund.

    Cited by:

    1. Guglielmo Maria Caporale & Andrea Cipollini & Panicos Demetriades, 2003. "Monetary Policy and the Exchange Rate During the Asian Crisis: Identification Through Heteroscedasticity," CEIS Research Paper 23, Tor Vergata University, CEIS.
    2. Cho, Dongchul, 2003. "Monetary Policy During and After the Crisis in Korea," KDI Policy Studies 2003-01, Korea Development Institute (KDI).
    3. Fazelina Sahul Hamid, 2013. "The Effect of Reliance on International Funding on Banking Fragility: Evidence from East Asia," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 7(1), pages 29-60, February.
    4. Vincent Bouvatier, 2007. "Are International Interest Rate Differentials Driven by the Risk Premium? The Case of Asian Countries," Economics Bulletin, AccessEcon, vol. 5(6), pages 1-14.
    5. Mehta, Aashish & Sun, Wei, 2013. "Does Industry Affiliation Influence Wages? Evidence from Indonesia and the Asian Financial Crisis," World Development, Elsevier, vol. 51(C), pages 47-61.
    6. Masahiro Enya & Akira Kohsaka, 2004. "Monetary Transmissions Immediately after the Crisis in East Asia," Discussion Papers in Economics and Business 04-05, Osaka University, Graduate School of Economics.
    7. Jean-Pierre Allegret & Marie-Noëlle Calès, 2001. "Attaques spéculatives et crédibilité du régime de change. Quel arbitrage pour le policy-mix ?," Revue économique, Presses de Sciences-Po, vol. 52(2), pages 249-264.
    8. Chin, Lee & Habibullah, Muzafar Shah & Sheik Kyin, Tey, 2013. "Monetary Policy and Exchange Market Pressure in Malaysia," MPRA Paper 96862, University Library of Munich, Germany.
    9. Boorman, Jack & Lane, Timothy & Schulze-Ghattas, Marianne & Bulir, Ales & Ghosh, Atish R. & Hamann, Javier & Mourmouras, Alex & Phillips, Steven, 2000. "Managing financial crises: the experience in East Asia," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 1-67, December.
    10. Stanley Black & Charis Christofides & Alex Mourmouras, 2006. "Convertibility risk: the precautionary demand for foreign currency in a crisis," Annals of Finance, Springer, vol. 2(2), pages 141-165, March.
    11. Lee, Ki Seong & Yoon, Seok, 2007. "Interrelationships and volatility of the financial asset prices under capital flows: The case of Korea," Economic Modelling, Elsevier, vol. 24(3), pages 386-397, May.
    12. Ramkishen S. Rajan, 2007. "Managing new-style currency crises: the swan diagram approach revisited," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 583-606.
    13. Mr. Alex Mourmouras & Mr. Stabley W. Black & Mr. Charalambos Christofides, 2001. "Convertibility Risk: The Precautionary Demand for Foreign Currency in a Crisis," IMF Working Papers 2001/210, International Monetary Fund.
    14. Roberto Benelli, 2003. "Do IMF-Supported Programs Boost Private Capital Inflows? the Role of Program Size and Policy Adjustment," IMF Working Papers 2003/231, International Monetary Fund.
    15. Gochoco-Bautista, Maria Socorro & Bautista, Carlos C., 2005. "Monetary policy and exchange market pressure: The case of the Philippines," Journal of Macroeconomics, Elsevier, vol. 27(1), pages 153-168, March.
    16. Kohsaka, Akira, 2004. "A fundamental scope for regional financial cooperation in East Asia," Journal of Asian Economics, Elsevier, vol. 15(5), pages 911-937, October.

  31. Ghosh, Swati R. & Ghosh, Atish R., 2000. "East Asia in the aftermath: Was there a crunch?," Research Notes 00-5, Deutsche Bank Research.

    Cited by:

    1. Shijaku, Gerti & Kalluci, Irini, 2013. "Determinants of bank credit to the private sector: The case of Albania," MPRA Paper 79092, University Library of Munich, Germany.
    2. World Bank, 2003. "Turkey - Country Economic Memorandum : Towards Macroeconomic Stability and Sustained Growth, Volume 2. Main Report," World Bank Publications - Reports 14704, The World Bank Group.
    3. Adolfo Barajas & Enrique López & Hugo Oliveros, 2001. "¿Por qué en Colombia el Crédito al Sector Privado es tan Reducido," Borradores de Economia 185, Banco de la Republica de Colombia.
    4. Michael M. Hutchison & Ilan Noy, 2002. "Sudden stops and the Mexican wave: currency crises, capital flow reversals and output loss in emerging markets," Pacific Basin Working Paper Series 2002-03, Federal Reserve Bank of San Francisco.
    5. Petr Korab & Jitka Pomenkova, 2017. "Credit Rationing in Greece During and After the Financial Crisis," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 67(2), pages 119-139, April.
    6. Greg Acciaioli, 2017. "Finding Tools to Limit Sectarian Violence in Indonesia: The Relevance of Restorative Justice," American Journal of Economics and Sociology, Wiley Blackwell, vol. 76(5), pages 1219-1255, November.
    7. Mr. Olivier D Jeanne, 2001. "The International Lender of Last Resort: How Large is Large Enought?," IMF Working Papers 2001/076, International Monetary Fund.
    8. Stefan Kooths & Matthias Rieger, 2008. "Caught in the US Subprime Meltdown 2007/2008: Germany Loses Its Wallet but Escapes Major Harm," Discussion Papers of DIW Berlin 825, DIW Berlin, German Institute for Economic Research.
    9. Nikolay Nenovsky & Evgeni Peev & Todor Yalamov, 2003. "Banks-Firms Nexus under the Currency Board: Empirical Evidence from Bulgaria," William Davidson Institute Working Papers Series 555, William Davidson Institute at the University of Michigan.
    10. Wilfred E. N. Mbowe, 2017. "The Bank Lending Channel of Monetary Policy Transmission: A Dynamic Bank-level Panel Data Analysis on Tanzania," Applied Economics and Finance, Redfame publishing, vol. 4(1), pages 169-190, January.
    11. Burcu Erdogan, 2010. "Kreditklemme in Deutschland: Mythos oder Realität?," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 79(4), pages 27-37.
    12. Zuzanna Wosko, 2016. "Determinants of credit in the Polish banking sector before and after the GFC according to information from the NBP Senior Loan Officer Survey. Does supply or demand matter?," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Combining micro and macro data for financial stability analysis, volume 41, Bank for International Settlements.
    13. Claessens, Stijn & Djankov, Simeon & Xu, Lixin Colin, 2000. "Corporate Performance in the East Asian Financial Crisis," The World Bank Research Observer, World Bank, vol. 15(1), pages 23-46, February.
    14. Morris Goldstein, 2017. "IMF Structural Programs," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 16, pages 553-638, World Scientific Publishing Co. Pte. Ltd..
    15. Donsyah Yudistira, 2002. "The Impact of Bank Capital Requirements in Indonesia," Finance 0212002, University Library of Munich, Germany, revised 18 May 2003.
    16. Samy Ben Naceur & Magda Kandil, 2008. "Basel Accord and Lending Behavior: Evidence from MENA Region," Working Papers 385, Economic Research Forum, revised 01 Jan 2008.
    17. Peter L. Rousseau & Jong Hun Kim, 2007. "Credit Markets and the Propagation of Korea's 1997 Financial Crisis," Southern Economic Journal, John Wiley & Sons, vol. 74(2), pages 524-545, October.
    18. Jiménez Polanco, Miguel Alejandro & Ramírez de Leon, Francisco Alberto, 2018. "Análisis del canal del crédito en presencia de racionamiento: Evidencia para Centroamérica y la República Dominicana [Credit Channel Analysis in Presence of Credit Crunches: Evidence for Central Am," MPRA Paper 87712, University Library of Munich, Germany.
    19. Frömmel, Michael & Schmidt, Torsten, 2006. "Bank Lending and Asset Prices in the Euro Area," RWI Discussion Papers 42, RWI - Leibniz-Institut für Wirtschaftsforschung.
    20. Ramirez, Francisco A., 2012. "Crédito Al Sector Privado En República Dominicana (1997-2011): ¿Existe Evidencia De Racionamiento Del Crédito? [Private Sector Loans in the Dominican Republic (1997-2011):Is There Evidence of credi," MPRA Paper 68333, University Library of Munich, Germany.
    21. Mr. Thomas F. Cosimano & Mr. Ralph Chami & Mr. Adolfo Barajas, 2005. "Did the Basel Accord Cause a Credit Slowdown in Latin America?," IMF Working Papers 2005/038, International Monetary Fund.
    22. Karmelavičius, Jaunius & Mikaliūnaitė-Jouvanceau, Ieva & Petrokaitė, Austėja Petrokaitė, 2022. "Housing and credit misalignments in a two-market disequilibrium framework," ESRB Working Paper Series 135, European Systemic Risk Board.
    23. Djankov, Simeon & Jindra, Jan & Klapper, Leora F., 2005. "Corporate valuation and the resolution of bank insolvency in East Asia," Journal of Banking & Finance, Elsevier, vol. 29(8-9), pages 2095-2118, August.
    24. Demirguc-Kunt, Asli & Detragiache, Enrica & Gupta, Poonam, 2000. "Inside the crisis : an empirical analysis of banking systems in distress," Policy Research Working Paper Series 2431, The World Bank.
    25. Markus Eller & Michael Frömmel & Nora Srzentic, 2010. "Private Sector Credit in CESEE: Long-Run Relationships and Short-Run Dynamics," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 50-78.
    26. Paolo Del Giovane & Andrea Nobili & Federico Maria Signoretti, 2013. "Supply tightening or lack of demand? An analysis of credit developments during the Lehman Brothers and the sovereign debt crises," Temi di discussione (Economic working papers) 942, Bank of Italy, Economic Research and International Relations Area.
    27. Hassan, Faiza & Qayyum, Abdul, 2013. "Modelling the Demand for Bank Loans by Private Business Sector in Pakistan," MPRA Paper 55366, University Library of Munich, Germany, revised Apr 2014.
    28. Masahiro Enya & Akira Kohsaka, 2004. "Monetary Transmissions Immediately after the Crisis in East Asia," Discussion Papers in Economics and Business 04-05, Osaka University, Graduate School of Economics.
    29. Sylvanus Ikhide, 2003. "Was There a Credit Crunch in Namibia Between 1996-2000?," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 269-290, November.
    30. Maethinee Supsawaddkul & Don Nakornthap, 2002. "Banking Sector Fundamentals: Learning from the Recent Bank Lending Contraction," Working Papers 2002-02, Monetary Policy Group, Bank of Thailand.
    31. Mirna Dumičić & Igor Ljubaj, 2017. "Delayed Credit Recovery in Croatia:Supply or Demand Driven?," Working Papers 45, The Croatian National Bank, Croatia.
    32. Spilimbergo, Antonio & Duttagupta, Rupa, 2003. "What Happened to Asian Exports During the Crisis?," CEPR Discussion Papers 4158, C.E.P.R. Discussion Papers.
    33. Sami Ben Naceur & Ms. Magda E. Kandil, 2013. "Basel Capital Requirements and Credit Crunch in the MENA Region," IMF Working Papers 2013/160, International Monetary Fund.
    34. Sami Ben Naceur & Magda Kandil, 2013. "Has The Basel Capital Requirement Caused Credit Crunch In The Mena Region?," Middle East Development Journal (MEDJ), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-33.
    35. Sarah Sanya & Mr. Montfort Mlachila, 2010. "Post-Crisis Bank Behavior: Lessons From Mercosur," IMF Working Papers 2010/001, International Monetary Fund.
    36. Carlos Alberto Piscarreta Pinto Ferreira, 2023. "Drivers of Sovereign Bond Demand – The Case of Japans," Working Papers REM 2023/0264, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    37. Boorman, Jack & Lane, Timothy & Schulze-Ghattas, Marianne & Bulir, Ales & Ghosh, Atish R. & Hamann, Javier & Mourmouras, Alex & Phillips, Steven, 2000. "Managing financial crises: the experience in East Asia," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 1-67, December.
    38. Asli Demirgüç-Kunt & Ms. Enrica Detragiache, 2005. "Cross-Country Empirical Studies of Systemic Bank Distress: A Survey," IMF Working Papers 2005/096, International Monetary Fund.
    39. Mojmir Hampl & Roman Matousek, 2000. "Credit Contraction in the Czech Republic: Causes and Effects," Archive of Monetary Policy Division Working Papers 2000/19, Czech National Bank.
    40. Ms. Valerie Herzberg, 2010. "Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries," IMF Working Papers 2010/250, International Monetary Fund.
    41. Shigehiro Shinozaki, 2014. "Innovative financing models for SMEs and the regulatory implications," Chapters, in: Iwan J. Azis & Hyun S. Shin (ed.), Global Shock, Risks, and Asian Financial Reform, chapter 16, pages 628-675, Edward Elgar Publishing.
    42. Mr. Giovanni Dell'Ariccia & Raghuram Rajan & Ms. Enrica Detragiache, 2005. "The Real Effect of Banking Crises," IMF Working Papers 2005/063, International Monetary Fund.
    43. PRAO YAO Seraphin & Kamalan Eugène, 2018. "Bank Capital and Credit Supply in Ivory Coast: Evidence from an ARDLBounds Testing Approach," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 4(5), pages 99-106, 05-2018.
    44. Jong-Wha Lee & Mr. Eduardo Borensztein, 2000. "Financial Crisis and Credit Crunch in Korea: Evidence From Firm-Level Data," IMF Working Papers 2000/025, International Monetary Fund.
    45. Shigehiro Shinozaki, 2014. "A New Regime of SME Finance in Emerging Asia: Enhancing Access to Growth Capital and Policy Implications," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-27.
    46. Nehls, Hiltrud & Schmidt, Torsten, 2003. "Credit Crunch in Germany?," RWI Discussion Papers 6, RWI - Leibniz-Institut für Wirtschaftsforschung.
    47. Takuji Kinkyo, 2004. "Transmission channels of capital flow shocks: why Korean crisis was so severe," Working Papers 139, Department of Economics, SOAS University of London, UK.
    48. International Monetary Fund, 2010. "Italy: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; Statement by the Executive Director for Italy," IMF Staff Country Reports 2010/157, International Monetary Fund.
    49. Eric Wong & Andrew Tsang & Steven Kong, 2016. "How Does Loan-To-Value Policy Strengthen Resilience of Banks to Property Price Shocks - Evidence from Hong Kong," International Real Estate Review, Global Social Science Institute, vol. 19(1), pages 120-149.
    50. Agenor, Pierre-Richard & Aizenman, Joshua & Hoffmaister, Alexander W., 2004. "The credit crunch in East Asia: what can bank excess liquid assets tell us?," Journal of International Money and Finance, Elsevier, vol. 23(1), pages 27-49, February.
    51. Laeven, Luc & Klingebiel, Daniela & Kroszner, Randy, 2002. "Financial crises, financial dependence, and industry growth," Policy Research Working Paper Series 2855, The World Bank.
    52. Poghosyan, Tigran, 2011. "Slowdown of credit flows in Jordan in the wake of the global financial crisis: Supply or demand driven?," Economic Systems, Elsevier, vol. 35(4), pages 562-573.
    53. W H Boshoff, 2006. "The Transmission Of Foreign Financial Crises To South Africa: A Firm-Level Study," Studies in Economics and Econometrics, Taylor & Francis Journals, vol. 30(2), pages 61-85, August.
    54. Erwin Gunawan Hutapea, 2007. "Credit Downturn In The Aftermath Of Indonesian Crisis 1997 Revisited: An Application Of Ardl Bounds Testing Approach," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 9(4), pages 5-22, April.
    55. Frederick Adjei, 2012. "Debt dependence and corporate performance in a financial crisis: evidence from the sub-prime mortgage crisis," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 36(1), pages 176-189, January.
    56. Cristian-Florin Dănănău, 2015. "A Disequilibrium Model For Lei-Denominated Non-Governmental Credit In Romania," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 207-214, April.
    57. Kristin Forbes, 2000. "The Asian Flu and Russian Virus: Firm-level Evidence on How Crises are Transmitted Internationally," NBER Working Papers 7807, National Bureau of Economic Research, Inc.
    58. Saurabh Ghosh & Snehal Herwadkar & Radheshyam Verma & Pawan Gopalakrishnan, 2023. "Disentangling demand and supply side determinants of post-GFC credit slowdown: an Indian perspective," Indian Economic Review, Springer, vol. 58(2), pages 399-421, September.
    59. Van Rijckeghem, Caroline & Weder, Beatrice, 2003. "Spillovers through banking centers: a panel data analysis of bank flows," Journal of International Money and Finance, Elsevier, vol. 22(4), pages 483-509, August.
    60. Vodová, Pavla, 2008. "Credit market and prediction of its future development," MPRA Paper 11904, University Library of Munich, Germany.
    61. Greetje Everaert & Ms. Natasha X Che & Ms. Nan Geng & Bertrand Gruss & Gregorio Impavido & Miss Yinqiu Lu & Christian Saborowski & Mr. Jerome Vandenbussche & Mr. Li Zeng, 2015. "Does Supply or Demand Drive the Credit Cycle? Evidence from Central, Eastern, and Southeastern Europe," IMF Working Papers 2015/015, International Monetary Fund.
    62. Heshmati, Almas, 2013. "The Effect of Credit Guarantees on R&D Investment of SMEs in Korea," IZA Discussion Papers 7851, Institute of Labor Economics (IZA).
    63. Panicos O. Demetriades & Bassam Fattouh, 2006. "Excess Credit and the South Korean Crisis," WIDER Working Paper Series RP2006-84, World Institute for Development Economic Research (UNU-WIDER).
    64. Eric Wong & Andrew Tsang & Steven Kong, 2014. "How Does Loan-To-Value Policy Strengthen Banks' Resilience to Property Price Shocks - Evidence from Hong Kong," Working Papers 032014, Hong Kong Institute for Monetary Research.
    65. Tamini, Arnaud & Petey, Joël, 2021. "Hoarding of reserves in the banking industry: Explaining the African paradox," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 214-225.
    66. Nada Oulidi & Laurence Allain, 2009. "Credit Market in Morocco: A Disequilibrium Approach," IMF Working Papers 2009/053, International Monetary Fund.
    67. Morris Goldstein, 2001. "IMF Structural Conditionality: How Much is Too Much?," Working Paper Series WP01-4, Peterson Institute for International Economics.
    68. Mathinee Subhaswasdikul & Don Nakornthab, 2003. "Banking Sector Fundamentals: Learning from the Recent Bank Lending Contraction," Working Papers 2003-11, Monetary Policy Group, Bank of Thailand.
    69. M S Mohanty & Gert Schnabel & Pablo Garcia-Luna, 2006. "Banks and aggregate credit: what is new?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 11-39, Bank for International Settlements.

  32. Mr. Timothy D. Lane & Mr. A. J Hamann & Mrs. Marianne Schulze-Gattas & Mr. Aleš Bulíř & Mr. Steven T Phillips & Mr. Atish R. Ghosh & Mr. Alex Mourmouras & Mr. Jack Boorman, 2000. "Managing Financial Crises: The Experience in East Asia," IMF Working Papers 2000/107, International Monetary Fund.

    Cited by:

    1. Mathae, Thomas Y & Millard, Stephen & Rõõm, Tairi & Wintr, Ladislav & Wyszyński, Robert, 2019. "Shocks and labour cost adjustment: evidence from a survey of European firms," Bank of England working papers 791, Bank of England.
    2. Andrew Worthington & Helen Higgs, 2004. "Transmission of equity returns and volatility in Asian developed and emerging markets: a multivariate GARCH analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(1), pages 71-80.
    3. Charles Goodhart & Lavan Mahadeva & John Spicer, 2003. "Monetary policy's effects during the financial crises in Brazil and Korea," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(1), pages 55-79.
    4. De Resende, Carlos & Takagi, Shinji, 2018. "Assessing the Effectiveness of IMF Programs Following the Global Financial Crisis: How Did It Change Since the Asian Crisis?," ADBI Working Papers 838, Asian Development Bank Institute.
    5. Lawrence J. Christiano & Christopher Gust & Jorge Roldos, 2002. "Monetary Policy in a Financial Crisis," NBER Working Papers 9005, National Bureau of Economic Research, Inc.
    6. Reza Siregar & Ramkishen Rajan, 2002. "Impact of Exchange Rate Volatility on IndonesiaÂ’s Trade Performance in the 1990s," Centre for International Economic Studies Working Papers 2002-05, University of Adelaide, Centre for International Economic Studies.
    7. Charles Adams, 2012. "The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives," Chapters, in: Masahiro Kawai & David G. Mayes & Peter Morgan (ed.), Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, chapter 10, Edward Elgar Publishing.
    8. Morris Goldstein, 2017. "IMF Structural Programs," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 16, pages 553-638, World Scientific Publishing Co. Pte. Ltd..
    9. Felipe Meza, 2008. "Financial Crisis, Fiscal Policy, and the 1995 GDP Contraction in Mexico," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(6), pages 1239-1261, September.
    10. Deluna, Roperto Jr & Jeon, Narae, 2014. "Determinants of International Tourism Demand for the Philippines: An Augmented Gravity Model Approach," MPRA Paper 55294, University Library of Munich, Germany.
    11. Mr. Jakob E Christensen, 2004. "Capital Inflows, Sterilization, and Commercial Bank Speculation: The Case of the Czech Republic in the Mid-1990's," IMF Working Papers 2004/218, International Monetary Fund.
    12. Mr. Mark R. Stone & Mr. Etienne B Yehoue & Kotaro Ishi, 2009. "Unconventional Central Bank Measures for Emerging Economies," IMF Working Papers 2009/226, International Monetary Fund.
    13. Charles Adams, 2010. "The Role of the State in Managing and Forestalling Systemic Financial Crises : Some Issues and Perspectives," Macroeconomics Working Papers 21867, East Asian Bureau of Economic Research.
    14. Flood, Robert P & Rose, Andrew, 2001. "Uncovered Interest Parity in Crisis: The Interest Rate Defence in the 1990s," CEPR Discussion Papers 2943, C.E.P.R. Discussion Papers.
    15. Masahiro Enya & Akira Kohsaka, 2004. "Monetary Transmissions Immediately after the Crisis in East Asia," Discussion Papers in Economics and Business 04-05, Osaka University, Graduate School of Economics.
    16. Ramkishen S. Rajan & Makarand Parulkar, 2008. "Real Sector Shocks and Monetary Policy Responses in a Financially Vulnerable Emerging Economy," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 44(3), pages 21-33, May.
    17. Mark Beeson, 2003. "East Asia, The International Financial Institutions And Regional Regulatory Reform," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 8(3), pages 305-326.
    18. Charles Adams, 2010. "The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives," Working Papers id:2923, eSocialSciences.
    19. Stephen Grenville, 2004. "The IMF and the Indonesian crisis," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 40(1), pages 77-94.
    20. Mr. Evan C Tanner, 2002. "Exchange Market Pressure, Currency Crises, and Monetary Policy: Additional Evidence From Emerging Markets," IMF Working Papers 2002/014, International Monetary Fund.
    21. Jomo K.S., 2005. "Malaysia´S September 1998 Controls: Background, Context, Impacts, Comparisons, Implications, Lessons," G-24 Discussion Papers 36, United Nations Conference on Trade and Development.
    22. Mr. Alessandro Zanello & Mr. Mark R. Stone & Mr. Christopher J. Jarvis & Mr. Andrew Berg, 2003. "Re-Establishing Credible Nominal Anchors After a Financial Crisis: A Review of Recent Experience," IMF Working Papers 2003/076, International Monetary Fund.
    23. Obstfeld, Maurice, 2014. "Never Say Never: Commentary on a Policymaker?s Reflections," CEPR Discussion Papers 9802, C.E.P.R. Discussion Papers.
    24. Velauthapillai, Jeyakrishna, 2015. "Makroprudenzielle Regulierung – eine kurze Einführung und ein Überblick," EconStor Preprints 116781, ZBW - Leibniz Information Centre for Economics.
    25. Andreas Grünbichler & Patrick Darlap & Sinikka Salo & Leslie Lipschitz & Timothy Lane & Alex Mourmouras, 2004. "Supervisory Systems, Fiscal Soundness and International Capital Movement: More Challenges for new EU Members," SUERF Studies, SUERF - The European Money and Finance Forum, number 2004/1 edited by Morten Balling, May.
    26. Stephen Grenville, 2004. "What sort of financial sector should Indonesia have?," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 40(3), pages 307-327.
    27. Graham Bird & Ramkishen Rajan, 2002. "The Evolving Asian Financial Architecture," Centre for International Economic Studies Working Papers 2002-03, University of Adelaide, Centre for International Economic Studies.
    28. Ms. Pritha Mitra, 2006. "Post-Crisis Recovery: When Does Increased Fiscal Discipline Work?," IMF Working Papers 2006/219, International Monetary Fund.
    29. Mr. Leslie Lipschitz & Mr. Alex Mourmouras & Mr. Timothy D. Lane, 2002. "Capital Flows to Transition Economies: Master or Servant?," IMF Working Papers 2002/011, International Monetary Fund.
    30. Stanley Fischer, 2003. "Globalization and Its Challenges," American Economic Review, American Economic Association, vol. 93(2), pages 1-30, May.
    31. Adams, Charles, 2008. "Emerging East Asian Banking Systems Ten Years after the 1997/98 Crisis," Working Papers on Regional Economic Integration 16, Asian Development Bank.
    32. Anne O. Krueger & Stanley Fischer & Jeffrey D. Sachs, 2003. "IMF Stabilization Programs," NBER Chapters, in: Economic and Financial Crises in Emerging Market Economies, pages 297-362, National Bureau of Economic Research, Inc.
    33. J. Bradford DeLong & Barry Eichengreen, 2001. "Between Meltdown and Moral Hazard: The International Monetary and Financial Policies of the Clinton Administration," NBER Working Papers 8443, National Bureau of Economic Research, Inc.
    34. Ramkishen S. Rajan, 2007. "Managing new-style currency crises: the swan diagram approach revisited," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 583-606.
    35. Graham Bird & Ramkishen S. Rajan, 2004. "Does devaluation lead to economic recovery or contraction? Theory and policy with reference to Thailand," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(2), pages 141-156.
    36. Mr. Martin Cihak & Mr. Aleš Bulíř & Sofía Bauducco, 2008. "Taylor Rule Under Financial Instability," IMF Working Papers 2008/018, International Monetary Fund.
    37. Jérôme Sgard, 2000. "La gestion des crises de liquidité internationale : logique de faillite, prêteur en dernier ressort et conditionnalité," Working Papers 2000-16, CEPII research center.
    38. Toprak, Metin, 2001. "Yükselen Piyasalarda Finansal Kriz [Financial Crises in Emerging Markets]," MPRA Paper 9092, University Library of Munich, Germany, revised 2001.
    39. Wink Joosten, 2004. "The Asian Financial Crisis in Retrospect: What Happened? What Can We Conclude?," CPB Memorandum 87, CPB Netherlands Bureau for Economic Policy Analysis.
    40. Gochoco-Bautista, Maria Socorro & Bautista, Carlos C., 2005. "Monetary policy and exchange market pressure: The case of the Philippines," Journal of Macroeconomics, Elsevier, vol. 27(1), pages 153-168, March.
    41. Kohsaka, Akira, 2004. "A fundamental scope for regional financial cooperation in East Asia," Journal of Asian Economics, Elsevier, vol. 15(5), pages 911-937, October.

  33. Mr. Timothy D. Lane & Mrs. Marianne Schulze-Gattas & Mr. Tsidi M Tsikata & Mr. Steven T Phillips & Mr. Atish R. Ghosh & Mr. A. J Hamann, 1999. "IMF-Supported Programs in Indonesia, Korea and Thailand," IMF Occasional Papers 1999/006, International Monetary Fund.

    Cited by:

    1. Charles Goodhart & Lavan Mahadeva & John Spicer, 2003. "Monetary policy's effects during the financial crises in Brazil and Korea," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(1), pages 55-79.
    2. Choi, In & Park, Daekeun, 2008. "Causal relation between interest and exchange rates in the Asian currency crisis," Japan and the World Economy, Elsevier, vol. 20(3), pages 435-452, August.
    3. Francisco J. Climent & Vicente Meneu, "undated". "Has 1997 Asian Crisis Increased Information Flows Between International Markets?," Working Papers on International Economics and Finance 01-01, FEDEA.
    4. Dukgeun Ahn, 2005. "WTO Dispute Settlements in East Asia," NBER Chapters, in: International Trade in East Asia, pages 287-328, National Bureau of Economic Research, Inc.
    5. Mr. Olivier D Jeanne, 2001. "The International Lender of Last Resort: How Large is Large Enought?," IMF Working Papers 2001/076, International Monetary Fund.
    6. Peter Nunnenkamp, 2000. "Towards a new international financial order: Why reform progress is so slow," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 35(1), pages 23-30, January.
    7. Lau, Sie Ting & McInish, Thomas H., 2003. "IMF bailouts, contagion effects, and bank security returns," International Review of Financial Analysis, Elsevier, vol. 12(1), pages 3-23.
    8. Stijn Claessens & Daniela Klingebiel & Luc Laeven, 2001. "Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?," NBER Working Papers 8386, National Bureau of Economic Research, Inc.
    9. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1999. "Hedging and Financial Fragility in Fixed Exchange Rate Regimes," NBER Working Papers 7143, National Bureau of Economic Research, Inc.
    10. Wee Beng Gan & Lee Ying Soon, 2003. "Characterizing The Monetary Transmission Mechanism In A Small Open Economy: The Case Of Malaysia," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 48(02), pages 113-134.
    11. Kutan, Ali M. & Muradoglu, Gulnur, 2014. "Investor wealth, the IMF, and the Asian crisis," International Review of Financial Analysis, Elsevier, vol. 33(C), pages 130-137.
    12. Anusha Chari & Peter Blair Henry, 2015. "Two Tales of Adjustment: East Asian Lessons for European Growth," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 63(1), pages 164-196, May.
    13. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1998. "Prospective Deficits and the Asian Currency Crisis," NBER Working Papers 6758, National Bureau of Economic Research, Inc.
    14. Morris Goldstein, 2017. "IMF Structural Programs," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 16, pages 553-638, World Scientific Publishing Co. Pte. Ltd..
    15. Michael P. Dooley & Sujata Verma, 2003. "Rescue Packages and Output Losses Following Crises," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 125-146, National Bureau of Economic Research, Inc.
    16. Benjamin David & Meza Felipe, 2009. "Total Factor Productivity and Labor Reallocation: The Case of the Korean 1997 Crisis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-41, July.
    17. Tatsuyoshi Miyakoshi & Yoshihiko Tsukuda & Junji Shimada, 2012. "The Impacts Of The Imf-Supported Structural Reform Program On Asian Stock Market Efficiency," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 57(04), pages 1-21.
    18. Marek A. Dąbrowski, 2015. "Jakość danych o rezerwach dewizowych a kryzysy finansowe w gospodarkach wschodzących," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 49-78.
    19. Malgorzata Jakubiak, 2000. "Indicators of Currency Crisis: Empirical Analysis of some Emerging and Transition Economies," CASE Network Studies and Analyses 0218, CASE-Center for Social and Economic Research.
    20. Jenny Corbett & Gregor Irwin & David Vines, 1999. "From Asian Miracle to Asian Crisis: Why Vulnerability, Why Collapse?," RBA Annual Conference Volume (Discontinued), in: David Gruen & Luke Gower (ed.),Capital Flows and the International Financial System, Reserve Bank of Australia.
    21. Javier Gómez, 2004. "Inflation Targeting and Sudden Stops," Borradores de Economia 2854, Banco de la Republica.
    22. Kutan, Ali M. & Muradoglu, Gulnur & Sudjana, Brasukra G., 2012. "IMF programs, financial and real sector performance, and the Asian crisis," Journal of Banking & Finance, Elsevier, vol. 36(1), pages 164-182.
    23. Prayudhi Azwar & Rod Tyers, 2015. "Indonesian Macro Policy through Two Crises," Economics Discussion / Working Papers 15-16, The University of Western Australia, Department of Economics.
    24. Philip Arestis & Malcolm Sawyer, 2003. "Reinventing Fiscal Policy," General Economics and Teaching 0306004, University Library of Munich, Germany.
    25. Yang, Y. & Tyers, R., 1999. "The Asian Recession and Northern Labour Markets," Papers 372, Australian National University - Department of Economics.
    26. Nakata, Takeshi, 2010. "Interdependent bank runs under a collapsing fixed exchange rate regime," Journal of the Japanese and International Economies, Elsevier, vol. 24(4), pages 603-623, December.
    27. Mr. Alessandro Zanello & Mr. Mark R. Stone & Mr. Christopher J. Jarvis & Mr. Andrew Berg, 2003. "Re-Establishing Credible Nominal Anchors After a Financial Crisis: A Review of Recent Experience," IMF Working Papers 2003/076, International Monetary Fund.
    28. David Cook, 2011. "Comments on ‘Financial and Monetary Cooperation in Asia: Challenges after the Global Financial Crisis’ by Soyoung Kim and Doo Yong Yang," International Economic Journal, Taylor & Francis Journals, vol. 25(4), pages 589-591, December.
    29. Rajan, Ramkishen S. & Shen, Chung-Hua, 2006. "Why Are Crisis-Induced Devaluations Contractionary? Exploring Alternative Hypotheses," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 21, pages 526-550.
    30. Singh, Rajesh, 2009. "Asset prices and twin crises," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 26-55, February.
    31. Kopits, György, 2001. "Hogyan segítheti elő a fiskális politika a valutaválságok megelőzését? [How can fiscal policy help to avert currency crises?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 279-290.
    32. Jean-Pierre Allegret & Philippe Dulbecco, 2007. "The institutional failures of International Monetary Fund conditionality," Post-Print halshs-00238490, HAL.
    33. Jong-Wha Lee & Mr. Eduardo Borensztein, 2000. "Financial Crisis and Credit Crunch in Korea: Evidence From Firm-Level Data," IMF Working Papers 2000/025, International Monetary Fund.
    34. Ramkishen S. Rajan & Chung-Hua Shen, 2002. "Are crisis-induced devaluations contractionary?," Pacific Basin Working Paper Series 2002-06, Federal Reserve Bank of San Francisco.
    35. Luisa Corrado, 2003. "Beyond the Sovereign Debt Crisis: Alternative Forms of Market‐Based Debt Restructuring Schemes," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(1), pages 17-40, February.
    36. Graham Bird & Ramkishen Rajan, 2002. "Optimal currency baskets and the third currency phenomenon: exchange rate policy in Southeast Asia," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(8), pages 1053-1073.
    37. Mr. Phakawa Jeasakul & Cheng Hoon Lim & Mr. Erik J. Lundback, 2014. "Why Was Asia Resilient? Lessons from the Past and for the Future," IMF Working Papers 2014/038, International Monetary Fund.
    38. Mr. Leslie Lipschitz & Mr. Alex Mourmouras & Mr. Timothy D. Lane, 2002. "Capital Flows to Transition Economies: Master or Servant?," IMF Working Papers 2002/011, International Monetary Fund.
    39. Chong Ju Choi & Carla Millar & Brian Hilton, 2001. "Crisis and Recovery: The Relevance of the Path to Emergence of East Asian Capitalism," Global Business Review, International Management Institute, vol. 2(2), pages 145-165, August.
    40. Ramon Moreno, 1999. "Depreciation and recessions in East Asia," Economic Review, Federal Reserve Bank of San Francisco, pages 27-40.
    41. Graham Bird & Ramkishen S. Rajan, 2004. "Does devaluation lead to economic recovery or contraction? Theory and policy with reference to Thailand," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(2), pages 141-156.
    42. Ali Al-Eyd & Stephen Hall, 2012. "Financial crisis, effective policy rules and bounded rationality in a New Keynesian framework," Economic Change and Restructuring, Springer, vol. 45(1), pages 25-44, February.
    43. Morris Goldstein, 2001. "IMF Structural Conditionality: How Much is Too Much?," Working Paper Series WP01-4, Peterson Institute for International Economics.
    44. Phakawa Jeasakul & Cheng Hoon Lim & Erik Lundback, 2014. "Why was Asia Resilient? Lessons from the Past and for the Future," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-22.
    45. Javier Gómez Pineda, 2004. "Inflation Targeting, Sudden Stops and the Cost of Fear of Floating," Borradores de Economia 276, Banco de la Republica de Colombia.
    46. Javier Díaz-Cassou & Alicia García-Herrero & Luis Molina, 2006. "What kind of capital flows does the IMF catalyze and when?," Working Papers 0617, Banco de España.
    47. Gochoco-Bautista, Maria Socorro & Bautista, Carlos C., 2005. "Monetary policy and exchange market pressure: The case of the Philippines," Journal of Macroeconomics, Elsevier, vol. 27(1), pages 153-168, March.

  34. Mr. Atish R. Ghosh, 1998. "Currency Boards: The Ultimate Fix?," IMF Working Papers 1998/008, International Monetary Fund.

    Cited by:

    1. Frankel, Jeffrey, 2003. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies," Working Paper Series rwp03-011, Harvard University, John F. Kennedy School of Government.
    2. Ramon Moreno, 2001. "Pegging and stabilization policy in developing countries," Economic Review, Federal Reserve Bank of San Francisco, pages 17-29.
    3. Moheeput, Ashwin, 2008. "Issues on the choice of Exchange Rate Regimes and Currency Boards – An Analytical Survey," The Warwick Economics Research Paper Series (TWERPS) 855, University of Warwick, Department of Economics.
    4. Sophie Chauvin, 2001. "Exit Options for Argentina with a Special Focus on Their Impact on External Trade," Working Papers 2001-07, CEPII research center.
    5. Sarkis Joseph Khoury & Clas Wihlborg, 2006. "Outsourcing Central Banking: Lessons from Estonia," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 9(2), pages 125-144.
    6. Moheeput, Ashwin, 2008. "Issues on the choice of Exchange Rate Regimes and Currency Boards – An Analytical Survey," Economic Research Papers 269853, University of Warwick - Department of Economics.
    7. Ying Wu, 2005. "Determining a Modified Currency Board's Two-Period Exchange Rate Strategy," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 11(4), pages 347-357, November.
    8. Ahmed, Shaghil, 2003. "Sources of economic fluctuations in Latin America and implications for choice of exchange rate regimes," Journal of Development Economics, Elsevier, vol. 72(1), pages 181-202, October.
    9. Jean-François Ponsot, 2000. "Le Currency board : les contraintes de financement et d'ajustement de la convertibilité intégrale," Working Papers hal-01527297, HAL.
    10. Buks Wessels, 2007. "Currency Board Arrangements As A Super‐Fixed Alternative In The Choice Of Exchange Rate Regime1," South African Journal of Economics, Economic Society of South Africa, vol. 75(4), pages 708-718, December.
    11. Gedeon Shirley, 2010. "The Political Economy of Currency Boards: Case of Bosnia and Herzegovina," South East European Journal of Economics and Business, Sciendo, vol. 5(2), pages 7-20, November.
    12. International Monetary Fund, 2002. "Macroeconomic Adjustment in a Highly Dollarized Economy: The Case of Cambodia," IMF Working Papers 2002/092, International Monetary Fund.
    13. Raoul Lättemäe, 2001. "Monetary transmission mechanism in Estonia - some theorethical considerations and stylized aspects," Bank of Estonia Working Papers 2001-4, Bank of Estonia, revised 13 Oct 2001.
    14. Tse, Y. K. & Yip, Paul S. L., 2003. "The impacts of Hong Kong's Currency Board reforms on the interbank market," Journal of Banking & Finance, Elsevier, vol. 27(12), pages 2273-2296, December.
    15. TREMBLAY, Rodrigue, 1999. "Les facteurs declencheurs des crises financieres internationales," Cahiers de recherche 9907, Universite de Montreal, Departement de sciences economiques.
    16. Maute, Jutta, 2002. "Stabilization via currency board," Violette Reihe: Schriftenreihe des Promotionsschwerpunkts "Globalisierung und Beschäftigung" 18/2002, University of Hohenheim, Carl von Ossietzky University Oldenburg, Evangelisches Studienwerk.
    17. Gerlach, Stefan, 2005. "Monetary operations by Hong Kong's Currency Board," Journal of Asian Economics, Elsevier, vol. 15(6), pages 1119-1135, January.
    18. Dorota Zuchowska, 2015. "Accession To The Eurozone As Lithuania’S Exit Strategy From The Currency Board System," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 10(3), pages 27-43, September.
    19. Krus, Nicholas, 2012. "The Money Supply in Currency Boards," Studies in Applied Economics 3, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    20. Vivek H. Dehejia & Nadja Kamhi, 2005. "An Assessment of the Currency Board Regime in Bosnia and Herzegovina," Carleton Economic Papers 05-01, Carleton University, Department of Economics, revised Dec 2006.
    21. CHAFIK, Omar, 2019. "Monetary policy in oil exporting countries with fixed exchange rate and open capital account: expectations matter," MPRA Paper 92558, University Library of Munich, Germany.
    22. Patrick A. Imam, 2010. "Exchange Rate Choices of Microstates," IMF Working Papers 2010/012, International Monetary Fund.
    23. Levy Yeyati, Eduardo & Sturzenegger, Federico, 2010. "Monetary and Exchange Rate Policies," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4215-4281, Elsevier.
    24. Neven Valev, 2000. "Building Monetary Credibility in a Transforming Economy," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0212, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    25. Sõrg, Mart, 2004. "Estonian Monetary System: Reconstruction, Performance, and Future Prospects," Wirtschaftswissenschaftliche Diskussionspapiere 11/2004, University of Greifswald, Faculty of Law and Economics.
    26. Darine Ghanem, 2010. "Fixed Exchange Rate Regimes and Price Stability: Evidence from MENA Countries," Working Papers 10-16, LAMETA, Universtiy of Montpellier, revised Nov 2010.
    27. Carlson, John A. & Valev, Neven T., 2001. "Credibility of a new monetary regime: The currency board in Bulgaria," Journal of Monetary Economics, Elsevier, vol. 47(3), pages 581-594, June.
    28. Mrs. Marie T Dal Corso, 2004. "An Institutional Framework for Comparing Emerging Market Currency Boards," IMF Working Papers 2004/180, International Monetary Fund.
    29. Korhonen, Iikka, 1999. "Currency boards in the Baltic countries: What have we learned?," BOFIT Discussion Papers 9/1999, Bank of Finland Institute for Emerging Economies (BOFIT).
    30. Ferro, Gustavo, 2001. "De bancos centrales, juntas monetarias y dolarización [On central banks, currency boards and dollarization]," MPRA Paper 15354, University Library of Munich, Germany.
    31. Steve H. Hanke, 2002. "Currency Boards," The ANNALS of the American Academy of Political and Social Science, , vol. 579(1), pages 87-105, January.
    32. Guergana Stanoeva, 2004. "Les caisses d’émission des Pays Baltes et de la Bulgarie : la recherche d’une crédibilité renforcée," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 85-112.
    33. Dorota Zuchowska, 2015. "Accession to the Eurozone as Lithuania’s exit strategy from the currency board system," Working Papers 10/2015, Institute of Economic Research, revised Feb 2015.
    34. Ms. Hélène Poirson, 2001. "How Do Countries Choose their Exchange Rate Regime?," IMF Working Papers 2001/046, International Monetary Fund.
    35. Miller, Jeffrey & Petranov, Stefan, 2001. "The Financial system in the Bulgarian economy," MPRA Paper 107704, University Library of Munich, Germany, revised Oct 2001.
    36. David Fielding & Kalvinder Shields, 2000. "Modeling Macroeconomic Shocks in the CFA Franc Zone," Discussion Papers in Economics 00/7, Division of Economics, School of Business, University of Leicester.
    37. Lee J. Alston & Andres Gallo, 2000. "Evolution and Revolution in the Argentine Banking System under Convertibility: The Roles of Crises and Path Dependence," NBER Working Papers 8008, National Bureau of Economic Research, Inc.
    38. Pierre Jaillet & Emmanuel Carrère, 2004. "La Zone franc, une zone monétaire robuste, en voie d’intégration économique," Revue d'Économie Financière, Programme National Persée, vol. 75(2), pages 183-209.
    39. Chionis, Dionysios, 2003. "Policy Misalignments of the Currency Board Arrangements: Issues and Experiences from the Caribbean Economies," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(2).
    40. Zeljko Bogetic, 2005. "Official Dollarization: Current Experiences and Issues, Cato Journal, Vol. 20, No. 2 (Fall 2000), 179-213," International Finance 0510006, University Library of Munich, Germany.
    41. Ilan Goldfajn & Gino Olivares, 2000. "Is adopting Full Dollarization the solution? Looking at the evidence," Textos para discussão 416, Department of Economics PUC-Rio (Brazil).
    42. Paul De Grauwe & Magdalena Polan, 2000. "Increased Capital Mobility - A Challenge for National Macroeconomic Policies," International Economics Working Papers Series wpie012, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, International Economics.
    43. Nikola Fabris & Gojko Rodić, 2013. "The Efficiency of the Currency Board Arrangement," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 2(1), pages 157-176.
    44. Mr. Leslie Lipschitz & Mr. Alex Mourmouras & Mr. Timothy D. Lane, 2002. "Capital Flows to Transition Economies: Master or Servant?," IMF Working Papers 2002/011, International Monetary Fund.
    45. Schweickert, Rainer, 1998. "Chancen und Risiken eines Currency Board Systems," Open Access Publications from Kiel Institute for the World Economy 1786, Kiel Institute for the World Economy (IfW Kiel).
    46. Kirrane, Chris, 2018. "What Caused the Asian Currency?," MPRA Paper 93643, University Library of Munich, Germany.
    47. Cordeiro, Jose Luis, 2008. "Monetary Systems in Developing Countries: An Unorthodox View," IDE Discussion Papers 154, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    48. Ferro, Gustavo, 2001. "Currency Board: From Stabilization to Full Dollarization? The Argentine Experience," MPRA Paper 15353, University Library of Munich, Germany.
    49. Wu, Ying, 2005. "A modified currency board system: Theory and evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 15(4), pages 353-367, October.
    50. Pieter van Foreest & Casper de Vries, 2003. "The Forex Regime and EMU Expansion," Open Economies Review, Springer, vol. 14(3), pages 285-298, July.
    51. Urmas Sepp & Raoul Lättemäe & Martti Randveer, 2002. "The History and Sustainability of the CBA in Estonia," Macroeconomics 0212002, University Library of Munich, Germany.
    52. Mart Sõrg & Vello Vensel, 2002. "Development of the banking system under the Estonian currency board," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 8(1), pages 35-48, February.
    53. PONSOT, Jean-François, 2000. "Le Currency Board : les contraintes de financement et d'ajustement de la convertibilité intégrale," LATEC - Document de travail - Economie (1991-2003) 2000-10, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
    54. Kirrane, Christopher, 2018. "The Causes of Asian Currency Crises," MPRA Paper 89103, University Library of Munich, Germany.

  35. Mr. Atish R. Ghosh & Mr. Steven T Phillips, 1998. "Inflation, Disinflation, and Growth," IMF Working Papers 1998/068, International Monetary Fund.

    Cited by:

    1. Beja, Edsel Jr., 2007. "Win or Lose, it’s the policy we choose: Comparative economic performance of the inflation targeters," MPRA Paper 4833, University Library of Munich, Germany, revised 12 Sep 2007.
    2. Edgar A. Ghossoub & Robert Reed, 2008. "The Stock Market, Monetary Policy, and Economic Development," Working Papers 0071, College of Business, University of Texas at San Antonio.
    3. Max Gillman & Mark N. Harris, 2010. "The effect of inflation on growth," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 18(4), pages 697-714, October.
    4. Tri Wahyu Adi & Eri Prabowo & Oetami Prasadjaningsih, 2022. "Influence of Electricity Consumption of Industrial and Business, Electricity Price, Inflation and Interest Rate on GDP and Investments in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 331-340, May.
    5. Gillman, Max & Otto, Glenn, 2003. "Money Demand in a Banking Time Economy," Discussion Paper Series 26221, Hamburg Institute of International Economics.
    6. Andrea Vaona & Stefano Schiavo, 2005. "Nonparametric and semiparametric evidence on the long-run effects of inflation on growth," Department of Economics Working Papers 0520, Department of Economics, University of Trento, Italia.
    7. Max Gillman & Mark N. Harris, 2009. "The Effect of Inflation on Growth - Evidence from a Panel of Transition Countries," CERS-IE WORKING PAPERS 0912, Institute of Economics, Centre for Economic and Regional Studies.
    8. Nexhat Kryeziu & Esat Durguti, 2019. "The Impact of Inflation on Economic Growth: The Case of Eurozone," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 8(1), pages 01-09, January.
    9. W. Adrián Risso & Edgar J. Sánchez Carrera, 2010. "Análisis de cointegración y valores umbrales entre la inflación y el crecimiento económico en México: 1970-2007," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 77-98, November.
    10. Gillman, Max & Kejak, Michal, 2005. "Inflation and Balanced-Path Growth with Alternative Payment Mechanisms," Cardiff Economics Working Papers E2005/15, Cardiff University, Cardiff Business School, Economics Section.
    11. Metin Ozdemir & Selim Tuzunturk, 2009. "Is price stability enough? Macroeconomic performance of inflation targeting in developing countries," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 1(4), pages 352-372.
    12. Max Gillman & Mark N. Harris, 2004. "Inflation, Financial Development and Endogenous Growth," Monash Econometrics and Business Statistics Working Papers 24/04, Monash University, Department of Econometrics and Business Statistics.
    13. Peter Funk & Bettina Kromen, 2005. "Inflation and Innovation-driven Growth," Working Paper Series in Economics 16, University of Cologne, Department of Economics.
    14. Ardeshir Sepehri & Saeed Moshiri, 2004. "Inflation-Growth Profiles Across Countries: Evidence from Developing and Developed Countries," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(2), pages 191-207.
    15. Sadia Tahir, 2006. "Core Inflation Measures for Pakistan," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 2, pages 319-342.
    16. Singh, Kanhaiya & Kalirajan, Kaliappa, 2003. "The inflation-growth nexus in India: an empirical analysis," Journal of Policy Modeling, Elsevier, vol. 25(4), pages 377-396, June.
    17. Boniface Yemba & Erick Kitenge & Paul Woodburne, 2020. "Non‐linear Effects of Inflation on Economic Growth in the Democratic Republic of the Congo," South African Journal of Economics, Economic Society of South Africa, vol. 88(4), pages 536-550, December.
    18. Max Gillman & Michal Kejak, 2005. "Contrasting Models of the Effect of Inflation on Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 19(1), pages 113-136, February.
    19. Ariyanto, Anto, 2017. "CRITICAL REVIEW : Inflasi dan Pertumbuhan Jangka Panjang : Sebuah Teori Baru Keynesian dan Bukti semiparametrik Lanjut," INA-Rxiv 5ydqg, Center for Open Science.
    20. TINA M. Edgar A. Ghossoub & TINA M. Robert R. Reedy, 2012. "Financial Development and the Distributional Effects of Monetary Policy Do the distributional consequences of monetary policy depend on the extent of financial development? Should optimal monetary pol," Working Papers 0035, College of Business, University of Texas at San Antonio.
    21. Falcetti, Elisabetta & Lysenko, Tatiana & Sanfey, Peter, 2006. "Reforms and growth in transition: Re-examining the evidence," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 421-445, September.
    22. Max Gillman & Mark N. Harris, 2004. "Inflation, Financial Development and Growth in Transition Countries," Monash Econometrics and Business Statistics Working Papers 23/04, Monash University, Department of Econometrics and Business Statistics.
    23. Max Gillman & Mark Harris & László Mátyás, 2002. "Inflation and Growth: Some Theory and Evidence," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 D5-1, International Conferences on Panel Data.
    24. Zhou, Ge, 2011. "Money and Long-run Growth," MPRA Paper 33765, University Library of Munich, Germany.
    25. Edgar A. Ghossoub, 2015. "Endogenous Financial Structure and Monetary Policy," Working Papers 0153eco, College of Business, University of Texas at San Antonio.
    26. Edgar A. Ghossoub, 2015. "Inflation Thresholds and the Efficiency of the Banking Sector," Working Papers 0159eco, College of Business, University of Texas at San Antonio.
    27. Max Gillman & Michal Kejak, 2007. "Inflation, Financial Development and Human Capital-Based Endogenous Growth: an Explanation of Ten Empirical Findings," CDMA Conference Paper Series 0703, Centre for Dynamic Macroeconomic Analysis.
    28. Mark N. Harris & Max Gillman & László Mátyás, 2001. "The Negative Inflation-Growth Effect: Theory and Evidence," Melbourne Institute Working Paper Series wp2001n12, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    29. Javier Andrés & Ignacio Hernando & J. David López-Salido, 1999. "Assessing the benefits of price stability: The international experience," Estudios Económicos, Banco de España, number 69.
    30. Aidar Abdychev & La-Bhus Fah Jirasavetakul & Mr. Andrew W Jonelis & Mr. Lamin Y Leigh & Ashwin Moheeput & Friska Parulian & Ara Stepanyan & Albert Touna Mama, 2015. "Increasing Productivity Growth in Middle Income Countries," IMF Working Papers 2015/002, International Monetary Fund.
    31. Bonilla, Eugenio Diaz, 2008. "Global macroeconomic developments and poverty:," IFPRI discussion papers 766, International Food Policy Research Institute (IFPRI).
    32. Edgar A. Ghossoub, 2015. "Endogenous Financial Structure and Monetary Policy," Working Papers 0162eco, College of Business, University of Texas at San Antonio.

  36. Atish R. Ghosh & Holger Wolf, 1998. "Thresholds and Context Dependence in Growth," NBER Working Papers 6480, National Bureau of Economic Research, Inc.

    Cited by:

    1. Graciela L. Kaminsky, 2003. "Varieties of Currency Crises," NBER Working Papers 10193, National Bureau of Economic Research, Inc.
    2. Pritchett, Lant, 1998. "Patterns of economic growth : hills, plateaus, mountains, and plains," Policy Research Working Paper Series 1947, The World Bank.
    3. Mark Rogers, 2003. "A Survey of Economic Growth," The Economic Record, The Economic Society of Australia, vol. 79(244), pages 112-135, March.
    4. Rupa Duttagupta & Mr. Montfort Mlachila, 2008. "What is Really Good for Long-Term Growth? Lessons from a Binary Classification Tree (BCT) Approach," IMF Working Papers 2008/263, International Monetary Fund.
    5. Rui Hao, 2008. "Opening up, Market Reform, and Convergence Clubs in China," Asian Economic Journal, East Asian Economic Association, vol. 22(2), pages 133-160, June.
    6. Klump, Rainer, 2003. "Inflation, factor substitution and growth," Working Paper Series 280, European Central Bank.
    7. Christine Sauer & Geng Li & Kishore Gawande, 2003. "Big push industrialization: some empirical evidence for East Asia and Eastern Europe," Economics Bulletin, AccessEcon, vol. 15(9), pages 1-7.
    8. Kaminsky, Graciela L., 2006. "Currency crises: Are they all the same?," Journal of International Money and Finance, Elsevier, vol. 25(3), pages 503-527, April.

  37. Atish R. Ghosh & Holger C. Wolf, 1997. "Geographical and Sectoral Shocks in the U.S. Business Cycle," NBER Working Papers 6180, National Bureau of Economic Research, Inc.

    Cited by:

    1. Miklos Koren & Silvana Tenreyro, 2005. "Volatility and Development," CEP Discussion Papers dp0706, Centre for Economic Performance, LSE.
    2. Zsofia Barany & Christian Siegel, 2020. "Biased Technological Change and Employment Reallocation," Post-Print hal-03493308, HAL.
    3. Gerald A. Carlino & Robert H. DeFina & Keith Sill, 2005. "On the stability of employment growth: a postwar view from the U.S. states," Working Papers 04-21, Federal Reserve Bank of Philadelphia.
    4. Miklos Koren & Silvana Tenreyro, 2003. "Diversification and development," Working Papers 03-3, Federal Reserve Bank of Boston.
    5. Marco Del Negro, 2000. "Asymmetric shocks among U.S. states," FRB Atlanta Working Paper 2000-27, Federal Reserve Bank of Atlanta.
    6. Haufler, Andreas & Klemm, Alexander & Schjelderup, Guttorm, 2006. "Globalisation and the mix of wage and profit taxes," Discussion Papers in Economics 885, University of Munich, Department of Economics.
    7. Gerald A. Carlino & Robert H. DeFina & Keith Sill, 2002. "The cyclical behavior of state employment during the postwar period," Working Papers 02-14, Federal Reserve Bank of Philadelphia.
    8. Andreas Haufler & Alexander Klemm & Guttorm Schjelderup, 2009. "Economic integration and the relationship between profit and wage taxes," Public Choice, Springer, vol. 138(3), pages 423-446, March.
    9. Kajal Lahiri & Herman O. Stekler & Wenxiong Yao & Peg Young, 2003. "Monthly Output Index for the U.S. Transportation Sector," Discussion Papers 03-12, University at Albany, SUNY, Department of Economics.
    10. Zsófia L. Bárány & Christian Siegel, 2019. "Engines of Sectoral Labor Productivity Growth," Studies in Economics 1901, School of Economics, University of Kent.
    11. Lahiri, Kajal & Yao, Wenxiong, 2004. "A dynamic factor model of the coincident indicators for the US transportation sector," MPRA Paper 22360, University Library of Munich, Germany.
    12. Kajal Lahiri, Wenxiong Yao, and Peg Young, 2003. "Cycles in the Transportation Sector and the Aggregate Economy," Discussion Papers 03-14, University at Albany, SUNY, Department of Economics.
    13. Wang, Boqun & Yang, Dennis Tao, 2021. "Volatility and Economic Systems: Evidence from A Large Transitional Economy," MPRA Paper 106624, University Library of Munich, Germany.
    14. Svaleryd, Helena & Vlachos, Jonas, 2000. "Does Financial Development Lead to Trade Liberalization?," Research Papers in Economics 2000:11, Stockholm University, Department of Economics.
    15. Frank Barry & Colm Kearney, 2003. "A Portfolio Analysis of Industrial Structure," Working Papers 200309, School of Economics, University College Dublin.

  38. Atish R. Ghosh & Anne-Marie Gulde & Jonathan D. Ostry & Holger C. Wolf, 1997. "Does the Nominal Exchange Rate Regime Matter?," NBER Working Papers 5874, National Bureau of Economic Research, Inc.

    Cited by:

    1. Antonio Fatás & Ilian Mihov & Andrew K. Rose, 2007. "Quantitative Goals for Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(5), pages 1163-1176, August.
    2. Cruz-Rodríguez, Alexis, 2016. "An empirical assessment of exchange arrangements and inflation performance," MPRA Paper 73005, University Library of Munich, Germany.
    3. Ramon Moreno, 2001. "Pegging and stabilization policy in developing countries," Economic Review, Federal Reserve Bank of San Francisco, pages 17-29.
    4. Nienke Oomes & Christopher M. Meissner, 2008. "Why Do Countries Peg the Way They Peg? The Determinants of Anchor Currency Choice," IMF Working Papers 2008/132, International Monetary Fund.
    5. Hossain, Monzur, 2011. "International monetary arrangements for the 21st century--Which way?," Journal of the Japanese and International Economies, Elsevier, vol. 25(2), pages 47-63, June.
    6. Majumder, Monoj Kumar & Raghavan, Mala & Vespignani, Joaquin, 2020. "Commodity price volatility, external debt and exchange rate regimes," Working Papers 2020-13, University of Tasmania, Tasmanian School of Business and Economics.
    7. Jurgen Von Hagen & Jizhong Zhou, 2008. "The interaction between capital controls and exchange rate regimes: evidence from developing countries," International Economic Journal, Taylor & Francis Journals, vol. 22(2), pages 163-185.
    8. Gaetano D’Adamo & Riccardo Rovelli, 2013. "The role of the Exchange Rate Regime in the process of Real and Nominal Convergence," Working Papers 1314, Department of Applied Economics II, Universidad de Valencia.
    9. Masson, Paul R., 2001. "Exchange rate regime transitions," Journal of Development Economics, Elsevier, vol. 64(2), pages 571-586, April.
    10. Monoj Kumar Majumder & Mala Valliammai Raghavan & Joaquin L. Vespignani, 2021. "Impact of commodity price volatility on external debt: the role of exchange rate regimes," Applied Economics, Taylor & Francis Journals, vol. 53(57), pages 6626-6640, December.
    11. Masahiro Kawai & Shinji Takagi, 2005. "Strategy for a Regional Exchange Rate Arrangement in East Asia: Analysis, Review and Proposal," Global Economic Review, Taylor & Francis Journals, vol. 34(1), pages 21-64.
    12. Jorge Carrera & Guillermo Vuletin, 2003. "The Effects of Exchange Rate Regimes on Real Exchange Rate Volatility. A Dynamic Panel Data Approach," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting] c67, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    13. Domac, Ilker & Martinez Peria, Maria Soledad, 2003. "Banking crises and exchange rate regimes: is there a link?," Journal of International Economics, Elsevier, vol. 61(1), pages 41-72, October.
    14. Agnès Bénassy-Quéré & Benoit Coeuré, 2002. "The Survival of Intermediate Exchange Rate Regimes," Working Papers 2002-07, CEPII research center.
    15. Lahura, Erick & Vega, Marco, 2013. "Regímenes cambiarios y desempeño macroeconómico: Una evaluación de la literatura," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 26, pages 101-119.
    16. Marc Hofstetter, 2008. "Why Have So Many Disinflations Succeeded?," Contemporary Economic Policy, Western Economic Association International, vol. 26(1), pages 89-106, January.
    17. Philip Lane & Dominic Burke, 2001. "The Empirics of Foreign Reserves," CEG Working Papers 20013, Trinity College Dublin, Department of Economics.
    18. Aaron Jackson & William Miles, 2008. "Fixed Exchange Rates and Disinflation in Emerging Markets: How Large Is the Effect?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 144(3), pages 538-557, October.
    19. Jürgen Hagen & Jizhong Zhou, 2009. "Fear of Floating and Pegging: A Simultaneous Choice Model of De Jure and De Facto Exchange Rate Regimes in Developing Countries," Open Economies Review, Springer, vol. 20(3), pages 293-315, July.
    20. Florian Morvillier, 2019. "Do currency undervaluations affect the impact of inflation on growth?," Post-Print hal-02138677, HAL.
    21. Mohd Hussain Kunroo, 2015. "Theory of Optimum Currency Areas," Review of Market Integration, India Development Foundation, vol. 7(2), pages 87-116, August.
    22. von Hagen, Jurgen & Zhou, Jizhong, 2008. "Fear of Floating and Pegging: A Simultaneous Choice Model of De Jure and De Facto Exchange Rate Regimes," CEPR Discussion Papers 7006, C.E.P.R. Discussion Papers.
    23. Cruz Rodriguez, Alexis, 2009. "Choosing and assessing exchange rate regimes: A survey of the literature," MPRA Paper 16314, University Library of Munich, Germany.
    24. Ms. Dalia S Hakura, 2005. "Are Emerging Market Countries Learning to Float?," IMF Working Papers 2005/098, International Monetary Fund.
    25. Andrew Phiri, 2018. "Nonlinear Relationship between Exchange Rate Volatility and Economic Growth," EERI Research Paper Series EERI RP 2018/08, Economics and Econometrics Research Institute (EERI), Brussels.
    26. Fujiki, Hiroshi & Otani, Akira, 2002. "Do Currency Regimes Matter in the 21st Century? An Overview," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 20(S1), pages 47-79, December.
    27. Sebastian Edwards & I. Igal Magendzo, 2003. "Dollarization and economic performance: What do we really know?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(4), pages 351-363.
    28. Christian Broda, 2002. "Uncertainty, exchange rate regimes, and national price levels," Staff Reports 151, Federal Reserve Bank of New York.
    29. Claude Bismut & Darine Ghanem, 2009. "This paper investigates empirically the reasons behind the popularity of fixed adjustable pegs in the Middle East North Africa region (MENA). We have used an ordered multinomial random effects probit ," Working Papers 09-10, LAMETA, Universtiy of Montpellier, revised Sep 2009.
    30. Carlos Arteta, 2002. "Exchange rate regimes and financial dollarization: does flexibility reduce bank currency mismatches?," International Finance Discussion Papers 738, Board of Governors of the Federal Reserve System (U.S.).
    31. Liu, Xiaohui & Zhang, Jing, 2015. "Export diversification and exchange-rate regimes: Evidences from 72 developing countries," MPRA Paper 66448, University Library of Munich, Germany.
    32. Frank Agbola & Chartri Kunanopparat, 2005. "Determinants of exchange rate practices: some empirical evidence from Thailand," Applied Economics, Taylor & Francis Journals, vol. 37(7), pages 807-816.
    33. Corbo, Vittorio, 2002. "Exchange Rate Regimes in the Americas: Is Dollarization the Solution?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 20(S1), pages 91-111, December.
    34. Aizenman, Joshua & Chinn, Menzie David & Ito, Hiro, 2009. "Assessing the Emerging Global Financial Architecture: Measuring the Trilemma's Configurations over Time," Santa Cruz Department of Economics, Working Paper Series qt840728sc, Department of Economics, UC Santa Cruz.
    35. Baker, Terence J. & FitzGerald, John & Honohan, Patrick, 1996. "Economic Implications for Ireland of EMU," Research Series, Economic and Social Research Institute (ESRI), number PRS28.
    36. Reinhart, Carmen & Calvo, Guillermo, 2002. "Fear of floating," MPRA Paper 14000, University Library of Munich, Germany.
    37. Helge Berger & Jan-Egbert Sturm & Jakob de Haan & Jakob de Haan, 2000. "An Empirical Investigation into Exchange Rate Regime Choice and Exchange Rate Volatility," CESifo Working Paper Series 263, CESifo.
    38. Cheng Hsiao & Siyan Wang, 2005. "Should China Let Her Exchange Rate Float? — the Experience of Developing Countries," Economic Growth Centre Working Paper Series 0509, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    39. Brito, Márcio Holland de & Vieira, Flávio Vilela & Silva, Cleomar Gomes da & Bottecchia Filho, Luiz Carlos Tadeu, 2011. "Growth and exchange rate volatility: a panel data analysis," Textos para discussão 296, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    40. Hoda Selim, 2010. "Has Egypt’s Monetary Policy Changed after The Float?," Working Papers 543, Economic Research Forum, revised 09 Jan 2010.
    41. Lin, Hsin-Yi & Chu, Hao-Pang, 2013. "Are fiscal deficits inflationary?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 214-233.
    42. Levy-Yeyati, Eduardo & Sturzenegger, Federico & Reggio, Iliana, 2006. "On the Endogeneity of Exchange Rate Regimes," Working Paper Series rwp06-047, Harvard University, John F. Kennedy School of Government.
    43. Moreno, R., 2000. "Pagging and Macroeconomic Performance in East Asia," Papers pb00-03, Economisch Institut voor het Midden en Kleinbedrijf-.
    44. César Calderón & Klaus Schmidt-Hebbel, 2003. "Macroeconomic Policies and Performance in Latin America," Working Papers Central Bank of Chile 217, Central Bank of Chile.
    45. Méon, Pierre-Guillaume & Minne, Geoffrey, 2014. "Mark my words: Information and the fear of declaring an exchange rate regime," Journal of Development Economics, Elsevier, vol. 107(C), pages 244-261.
    46. Corbo, Vittorio, 2001. "Is it time for a common currency for the Americas?," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 241-248, April.
    47. Honig, Adam, 2009. "Dollarization, exchange rate regimes and government quality," Journal of International Money and Finance, Elsevier, vol. 28(2), pages 198-214, March.
    48. Dan Andrews & Daniel Rees, 2009. "Macroeconomic Volatility and Terms of Trade Shocks," RBA Research Discussion Papers rdp2009-05, Reserve Bank of Australia.
    49. Esmak Hassan & Firano Zakaria, 2014. "Exchange Regime Choice with Multinomial Panel Data: Case of the North Africa Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 4(4), pages 745-757.
    50. Barry Eichengreen & Andrew K. Rose, 1998. "Staying Afloat When the Wind Shifts: External Factors and Emerging-Market Banking Crises," NBER Working Papers 6370, National Bureau of Economic Research, Inc.
    51. Yamada, Hiroyuki, 2013. "Does the exchange rate regime make a difference in inflation performance in developing and emerging countries?: The role of inflation targeting," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 968-989.
    52. Capraru Bogdan & Ihnatov Iulian, 2011. "External Factors Influence On Inflation: The Case Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 469-475, July.
    53. Cavallari, Lilia & D׳Addona, Stefano, 2015. "Exchange rates as shock absorbers: The role of export margins," Research in Economics, Elsevier, vol. 69(4), pages 582-602.
    54. KAFANDO, Namalguebzanga, 2014. "L'industrialisation de l'Afrique: l'importance des facteurs structurels et du régime de change [The industrialization of Africa: the importance of structural factors and exchange rate regime]," MPRA Paper 68736, University Library of Munich, Germany.
    55. Larrain, Felipe & Parro, Francisco, 2006. "Do Exchange Rate Regimes Matter? Evidence for Developing Countries," MPRA Paper 36718, University Library of Munich, Germany.
    56. Hiro Ito & Masahiro Kawai, 2014. "Determinants of the Trilemma Policy Combination," Macroeconomics Working Papers 23967, East Asian Bureau of Economic Research.
    57. Fischer, Christoph, 2016. "Determining global currency bloc equilibria: An empirical strategy based on estimates of anchor currency choice," Journal of International Money and Finance, Elsevier, vol. 64(C), pages 214-238.
    58. Ms. Magda E. Kandil & Samya Beidas-Strom, 2005. "Setting the Stage for a National Currency in the West Bank and Gaza: The Choice of Exchange Rate Regime," IMF Working Papers 2005/070, International Monetary Fund.
    59. Duggan, Delma & FitzGerald, John & Johnston, Justin & Kavanagh, Ella & FitzGerald, John & Honohan, Patrick, 1996. "Macroeconomic Response to Shocks," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 5, pages 105-142, Economic and Social Research Institute (ESRI).
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    61. Carlos Acevedo, 2000. "Mecanismos de transmisión de política monetaria con liberalización financiera: El Salvador en los noventa," Monetaria, CEMLA, vol. 0(4), pages 361-412, octubre-d.
    62. Goohoon Kwon & Lavern McFarlane & Wayne Robinson, 2009. "Public Debt, Money Supply, and Inflation: A Cross-Country Study," IMF Staff Papers, Palgrave Macmillan, vol. 56(3), pages 476-515, August.
    63. Stanley Fischer, 2001. "Exchange Rate Regimes: Is the Bipolar View Correct?," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 3-24, Spring.
    64. Cruz-Rodríguez, Alexis, 2022. "Exchange arrangements and economic growth. What relationship is there?," MPRA Paper 113897, University Library of Munich, Germany.
    65. Zheng-Hao Lai & Jyh-Lin Wu, 2023. "Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles," Open Economies Review, Springer, vol. 34(4), pages 813-830, September.
    66. Paul Masson & Francisco J. Ruge‐Murcia, 2005. "Explaining the Transition between Exchange Rate Regimes," Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(2), pages 261-278, June.
    67. Jürgen von Hagen & Jizhong Zhou, 2005. "The choice of exchange rate regime: An empirical analysis for transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(4), pages 679-703, October.
    68. Francisco J. Ledesma-Rodríguez & Manuel Navarro-Ibáñez & Jorge V. Pérez-Rodríguez & Simón Sosvilla-Rivero, "undated". "Regímenes cambiarios de iure y de facto. El caso de la Peseta/Dólar, 1965-1998," Working Papers on International Economics and Finance 05-03, FEDEA.
    69. Garriga, Ana Carolina & Rodriguez, Cesar M., 2020. "More effective than we thought: Central bank independence and inflation in developing countries," Economic Modelling, Elsevier, vol. 85(C), pages 87-105.
    70. Majumder Sayantan Bandhu & Nag Ranjanendra Narayan, 2017. "Policy Trilemma in India: Exchange Rate Stability, Independent Monetary Policy and Capital Account Openness," Global Economy Journal, De Gruyter, vol. 17(3), pages 1-13, September.
    71. Keefer, Philip & Stasavage, David, 2001. "Checks and balances, private information, and the credibility of monetary commitments," Policy Research Working Paper Series 2542, The World Bank.
    72. Pierre-Guillaume Méon & Geoffrey Minne, 2014. "Mark my Words: Information and the Fear of Declaring one’s Exchange Rate Regime," ULB Institutional Repository 2013/163527, ULB -- Universite Libre de Bruxelles.
    73. Felipe Morandé & Klaus Schmidt-Hebbel, 2000. "Chile's Peso: Better Than (Just) Living with the Dollar?," Working Papers Central Bank of Chile 68, Central Bank of Chile.
    74. Magda Kandil, 2009. "Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 45-69, January-J.
    75. Diego Bastourre & Jorge Carrera, 2004. "Could The Exchange Rate Regime Reduce Macroeconomic Volatility?," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 067, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    76. Ahmed, Shaghil, 2003. "Sources of economic fluctuations in Latin America and implications for choice of exchange rate regimes," Journal of Development Economics, Elsevier, vol. 72(1), pages 181-202, October.
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    79. Bordo, Michael & Flandreau, Marc, 2001. "Core, Periphery, Exchange Rate Regimes and Globalization," CEPR Discussion Papers 3077, C.E.P.R. Discussion Papers.
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    291. Brigitte Desroches, 2004. "The Transmission of World Shocks to Emerging-Market Countries: An Empirical Analysis," Staff Working Papers 04-44, Bank of Canada.
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  39. Mr. Atish R. Ghosh, 1997. "Inflation in Transition Economies: How Much? and Why?," IMF Working Papers 1997/080, International Monetary Fund.

    Cited by:

    1. Gennady Bilych, 2013. "Is It Possible to Create Goods from Thin Air Using Money and an Expenditure Multiplier?," Business and Economic Research, Macrothink Institute, vol. 3(2), pages 156-172, December.
    2. de Melo, Martha & Denizer, Cevdet & Gelb, Alan & Tenev, Stoyan, 1997. "Circumstance and choice : the role of initial conditions and policies in transition economies," Policy Research Working Paper Series 1866, The World Bank.
    3. Eicher, Theo S. & Schreiber, Till, 2010. "Structural policies and growth: Time series evidence from a natural experiment," Journal of Development Economics, Elsevier, vol. 91(1), pages 169-179, January.
    4. Marcello Signorelli & Enrico Marelli, 2007. "Institutional change, regional features and aggregate performance in eight EU’s transition countries," Quaderni del Dipartimento di Economia, Finanza e Statistica 37/2007, Università di Perugia, Dipartimento Economia.
    5. Boriss Siliverstovs & Olena Bilan, 2005. "Modelling Inflation Dynamics in Transition Economies: The Case of Ukraine," Discussion Papers of DIW Berlin 476, DIW Berlin, German Institute for Economic Research.
    6. Mr. Serhan Cevik, 2022. "Mind the Gap: City-Level Inflation Synchronization," IMF Working Papers 2022/166, International Monetary Fund.
    7. Alexander, Volbert & von Furstenberg, George M., 2000. "Monetary unions--a superior alternative to full dollarization in the long run," The North American Journal of Economics and Finance, Elsevier, vol. 11(2), pages 205-225, December.
    8. Falcetti, Elisabetta & Raiser, Martin & Sanfey, Peter, 2002. "Defying the Odds: Initial Conditions, Reforms, and Growth in the First Decade of Transition," Journal of Comparative Economics, Elsevier, vol. 30(2), pages 229-250, June.
    9. Velimir Šonje & Boris Vujčić, 1999. "Croatia In the Second Stage of Transition 1994–1999," Working Papers 1, The Croatian National Bank, Croatia.
    10. Theo Eicher & Till Schreiber, 2010. "Institutions and Growth: Time Series Evidence from Natural Experiments," Working Papers UWEC-2007-15-P, University of Washington, Department of Economics.
    11. Marek Jarocinski & Andrei Jirniy, 1997. "Monetary Policy and Inflation in Georgia (1996-1998)," CASE Network Studies and Analyses 0114, CASE-Center for Social and Economic Research.
    12. Marek Dabrowski & Wojciech Paczynski & Lukasz Rawdanowicz, 2002. "Inflation and Monetary Policy in Russia: Transition Experience and Future Recommendations," CASE Network Studies and Analyses 0241, CASE-Center for Social and Economic Research.
    13. Falcetti, Elisabetta & Lysenko, Tatiana & Sanfey, Peter, 2006. "Reforms and growth in transition: Re-examining the evidence," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 421-445, September.
    14. Marek Dabrowski, 1999. "Disinflation, Monetary Policy and Fiscal Constraints. Experience of the Countries in Transition," CASE Network Reports 0016, CASE-Center for Social and Economic Research.

  40. Ghosh, A.R. & Wolf, H.C., 1996. "On the Mark(s) Optimim Currency Areas in Germany," Working Papers 96-02, New York University, Leonard N. Stern School of Business, Department of Economics.

    Cited by:

    1. Robert Brooks & Robert Faff & David Sokulsky, 2005. "The stock market impact of German reunification: international evidence," Applied Financial Economics, Taylor & Francis Journals, vol. 15(1), pages 31-42.

  41. Mr. Atish R. Ghosh, 1996. "The Output-Inflation Nexus in Ukraine: Is there a Trade-Off?," IMF Working Papers 1996/046, International Monetary Fund.

    Cited by:

    1. Ms. Era Dabla-Norris & Mr. Holger Floerkemeier, 2006. "Transmission Mechanisms of Monetary Policy in Armenia: Evidence from VAR Analysis," IMF Working Papers 2006/248, International Monetary Fund.
    2. Starr, Martha A., 2005. "Does money matter in the CIS? Effects of monetary policy on output and prices," Journal of Comparative Economics, Elsevier, vol. 33(3), pages 441-461, September.

  42. Atish R. Ghosh & Holger C. Wolf, 1994. "Pricing in International Markets: Lessons From The Economist," NBER Working Papers 4806, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jean M. Imbs & Haroon Mumtaz & Morten O. Ravn & Hélène Rey, 2010. "One TV, One Price?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(4), pages 753-781, December.
    2. Horváth, Julius & Rátfai, Attila & Döme, Botond, 2008. "The border effect in small open economies," Economic Systems, Elsevier, vol. 32(1), pages 33-45, March.
    3. Francois, Joseph & Manchin, Miriam & Bekkers, Eddy, 2012. "Import Prices, Income, and Inequality," CEPR Discussion Papers 8911, C.E.P.R. Discussion Papers.
    4. Engel, C. & Rogers, J.H., 1996. "Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies," Working Papers 96-01, University of Washington, Department of Economics.
    5. Balázs Égert, 2007. "Real Convergence, Price Level Convergence and Inflation in Europe," Working Papers 267, Bruegel.
    6. Lucio Sarno & Mark P. Taylor, 2002. "Purchasing Power Parity and the Real Exchange Rate," IMF Staff Papers, Palgrave Macmillan, vol. 49(1), pages 1-5.
    7. Rahul Giri, 2010. "Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price," Working Papers 1001, Centro de Investigacion Economica, ITAM.
    8. Jonathan Haskel & Holger C. Wolf, 2001. "The Law of One Price - A Case Study," CESifo Working Paper Series 428, CESifo.
    9. Mario Crucini & Chris Telmer & Marios Zachariadis, "undated". "Understanding European Real Exchange Rates," GSIA Working Papers 227, Carnegie Mellon University, Tepper School of Business.
    10. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
    11. Mark Witte & Rachel Williams, 2014. "Duopolists’ Retail Pricing Behavior in Multiple Markets," Journal of Industry, Competition and Trade, Springer, vol. 14(1), pages 67-81, March.
    12. Balazs Egert, 2007. "Real Convergence, Price Level Convergence and Inflation Differentials in Europe," William Davidson Institute Working Papers Series wp895, William Davidson Institute at the University of Michigan.
    13. Froot, Kenneth A. & Rogoff, Kenneth, 1995. "Perspectives on PPP and long-run real exchange rates," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 32, pages 1647-1688, Elsevier.
    14. Jeffrey Frankel & David Parsley & Shang-Jin Wei, 2012. "Slow Pass-through Around the World: A New Import for Developing Countries?," Open Economies Review, Springer, vol. 23(2), pages 213-251, April.
    15. Rumler, Fabio & Reiff, Adam, 2014. "Within- and cross-country price dispersion in the euro area," Working Paper Series 1742, European Central Bank.
    16. Cuddington, John T. & Liang, Hong, 2000. "Purchasing power parity over two centuries?," Journal of International Money and Finance, Elsevier, vol. 19(5), pages 753-757, October.
    17. Marianne Baxter & Anthony Landry, 2012. "IKEA: product, pricing, and pass-through," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-32.
    18. Michael M. Knetter, 1997. "The Segmentation of International Markets: Evidence from The Economist," NBER Working Papers 5878, National Bureau of Economic Research, Inc.
    19. Marcus Asplund & Richard Friberg, 2001. "The Law of One Price in Scandinavian Duty-Free Stores," American Economic Review, American Economic Association, vol. 91(4), pages 1072-1083, September.
    20. Roberto Basile & Sergio de Nardis & Alessandro Girardi, 2009. "Pricing to market of Italian exporting firms," Applied Economics, Taylor & Francis Journals, vol. 41(12), pages 1543-1562.
    21. Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2011. "International Prices, Costs, and Markup Differences," American Economic Review, American Economic Association, vol. 101(6), pages 2450-2486, October.
    22. Asplund, Marcus & Friberg, Richard, 2000. "One good - two prices," SSE/EFI Working Paper Series in Economics and Finance 351, Stockholm School of Economics.
    23. Ina Simonovska, 2010. "Income Differences and Prices of Tradables: Insights from an Online Retailer," NBER Working Papers 16233, National Bureau of Economic Research, Inc.
    24. Ong, Li Lian, 1997. "Burgernomics: the economics of the Big Mac standard," Journal of International Money and Finance, Elsevier, vol. 16(6), pages 865-878, December.
    25. Alan Kirman & Louis Phlips, 1996. "Exchange-rate pass-through and market structure," Journal of Economics, Springer, vol. 64(2), pages 129-154, June.
    26. Joanna Wolszczak-Derlacz, 2008. "Price convergence in the EU—an aggregate and disaggregate approach," International Economics and Economic Policy, Springer, vol. 5(1), pages 25-47, July.
    27. Crucini, Mario J. & Shintani, Mototsugu, 2008. "Persistence in law of one price deviations: Evidence from micro-data," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 629-644, April.
    28. Adam Reiff & Attila Ratfai, 2012. "The Geography of Consumer Prices," 2012 Meeting Papers 799, Society for Economic Dynamics.
    29. Hassink, Wolter & Schettkat, Ronald, 2001. "On Price-Setting for Identical Products in Markets without Formal Trade Barriers," IZA Discussion Papers 315, Institute of Labor Economics (IZA).
    30. Mario J Crucini & Mototsugu Shintani, 2002. "Persistence in Law-of-One-Price Deviations: Evidence From Micro-Price Data," Levine's Working Paper Archive 506439000000000019, David K. Levine.
    31. Pinelopi K. Goldberg & Michael M. Knetter, 1996. "Goods Prices and Exchange Rates: What Have We Learned?," NBER Working Papers 5862, National Bureau of Economic Research, Inc.
    32. Ina Simonovska, 2010. "Income differences and prices of tradables," Globalization Institute Working Papers 55, Federal Reserve Bank of Dallas.
    33. Gita Gopinath & Pierre-Olivier Gourinchas & Chang-Tai Hsieh & Nicholas Li, 2009. "Estimating the Border Effect: Some New Evidence," NBER Working Papers 14938, National Bureau of Economic Research, Inc.
    34. David Parsley, 2002. "Pricing in International Markets: a 'Small-Country' Benchmark," International Finance 0211002, University Library of Munich, Germany.
    35. Charles Engel & John Rogers, 1998. "Regional Patterns in the Law of One Price: The Roles of Geography versus Currencies," NBER Chapters, in: The Regionalization of the World Economy, pages 153-188, National Bureau of Economic Research, Inc.
    36. Gil-Pareja, Salvador, 2003. "Pricing to market behaviour in European car markets," European Economic Review, Elsevier, vol. 47(6), pages 945-962, December.
    37. Shang-Jin Wei & David C. Parsley, 1995. "Purchasing Power Disparity During the Floating Rate Period: Exchange Rate Volatility, Trade Barriers and Other Culprits," NBER Working Papers 5032, National Bureau of Economic Research, Inc.
    38. Tommaso Monacelli, 2003. "Monetary Policy in a Low Pass-Through Environment," Working Papers 228, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    39. Fukuda, Shin-ichi & Kano, Takashi, 1997. "International Price Linkage within a Region: The Case of East Asia," Journal of the Japanese and International Economies, Elsevier, vol. 11(4), pages 643-666, December.
    40. Kenny, Geoff & McGettigan, Donal, 1996. "Non-Traded, Traded and Aggregate Inflation In Ireland (Part 2)," Research Technical Papers 3B/RT/96, Central Bank of Ireland.
    41. Christian Broda & David E. Weinstein, 2008. "Understanding International Price Differences Using Barcode Data," NBER Working Papers 14017, National Bureau of Economic Research, Inc.
    42. Sophie-Charlotte Meyer & Ronald Schettkat, 2013. "Price Convergence in Euroland. Evidence from micro data without noise," Schumpeter Discussion Papers sdp13005, Universitätsbibliothek Wuppertal, University Library.
    43. Jenkins, Michael A. & Snaith, Sean M., 2005. "Tests of Purchasing Power Parity via cointegration analysis of heterogeneous panels with consumer price indices," Journal of Macroeconomics, Elsevier, vol. 27(2), pages 345-362, June.

  43. Atish R. Ghosh & Holger C. Wolf, 1994. "How Many Monies? A Genetic Approach to Finding Optimum Currency Areas," NBER Working Papers 4805, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ricci, Luca Antonio, 2007. "A Model of an Optimum Currency Area," Economics Discussion Papers 2007-45, Kiel Institute for the World Economy (IfW Kiel).
    2. Baker, Terence J. & FitzGerald, John & Honohan, Patrick, 1996. "Economic Implications for Ireland of EMU," Research Series, Economic and Social Research Institute (ESRI), number PRS28.
    3. Memet Agustiar, 2018. "The Single Currency For Islamic Nations: Do Heterogeneities Matter?," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(2), pages 223-236, November.
    4. Duggan, Delma & FitzGerald, John & Johnston, Justin & Kavanagh, Ella & FitzGerald, John & Honohan, Patrick, 1996. "Macroeconomic Response to Shocks," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 5, pages 105-142, Economic and Social Research Institute (ESRI).
    5. Morgenroth, Edgar & FitzGerald, John & FitzGerald, John, 2006. "Summary and Conclusions," Book Chapters, in: Morgenroth, Edgar (ed.),Ex-Ante Evaluation of the Investment Priorities for the National Development Plan 2007-2013, chapter 24, pages 317-333, Economic and Social Research Institute (ESRI).
      • Baker, Terence J. & FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Summary and Conclusions," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 12, pages 339-352, Economic and Social Research Institute (ESRI).
    6. Baker, Terence J. & Duffy, David & Duggan, Delma & FitzGerald, John & Honohan, Patrick, 1996. "The Manufacturing Sector," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 7, pages 174-221, Economic and Social Research Institute (ESRI).
    7. Horvath, Julius, 2003. "Optimum currency area theory: A selective review," BOFIT Discussion Papers 15/2003, Bank of Finland Institute for Emerging Economies (BOFIT).
    8. Yin-Wong Cheung & Jude Yuen, 2004. "An Output Perspective on a Northeast Asia Currency Union," CESifo Working Paper Series 1250, CESifo.
    9. Baker, Terence J. & FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Introduction," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 1, pages 1-9, Economic and Social Research Institute (ESRI).
    10. Patrick A. Imam, 2010. "Exchange Rate Choices of Microstates," IMF Working Papers 2010/012, International Monetary Fund.
    11. Alberto Alesina & Robert J. Barro & Silvana Tenreyro, 2002. "Optimal Currency Areas," NBER Working Papers 9072, National Bureau of Economic Research, Inc.
    12. Mogaji, Peter Kehinde, 2016. "Monetary Integration Tests for the OCA’s Business Cycles Synchronicity Criteria in the WAMZ," MPRA Paper 99066, University Library of Munich, Germany.
    13. Duggan, Delma & FitzGerald, John & Johnston, Justin & Kelly, Jane & FitzGerald, John & Honohan, Patrick, 1996. "The Macroeconomy in Stable Conditions," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, pages 50-86, Economic and Social Research Institute (ESRI).
    14. FitzGerald, John & Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Overall Macroeconomic Assessment," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 6, pages 143-169, Economic and Social Research Institute (ESRI).
    15. Banik, Nilanjan & Biswas, Basudeb & Criddle, Keith R., 2009. "Optimum currency area in South Asia: A state space approach," International Review of Economics & Finance, Elsevier, vol. 18(3), pages 502-510, June.
    16. De la Cuba, Mauricio & Winkelried, Diego & Barenboin, Igor & Bertone, Louise & Jacobo, Alejandro & Loveday Laghi, James, 2004. "La Coordinación Macreconómica y la Cooperación Monetaria, Sus Costos, Beneficios y Aplicabilidad en Acuerdos Regionales de Integración," IDB Publications (Working Papers) 2180, Inter-American Development Bank.
    17. Mogaji, Peter Kehinde, 2017. "Evaluation of Macroeconomic Indicators and Dynamics for Monetary Integration of West Africa: The Case of the WAMZ," MPRA Paper 98943, University Library of Munich, Germany.
    18. Yin-wong Cheung & Jude Yuen, 2004. "The Suitability of A Greater China Currency Union," Working Papers 122004, Hong Kong Institute for Monetary Research.
    19. Sahin, Hasan, 2006. "MENA countries as optimal currency areas: Reality or dream," Journal of Policy Modeling, Elsevier, vol. 28(5), pages 511-521, July.
    20. Kelly, Jane & FitzGerald, John & Honohan, Patrick, 1996. "The Tourism Sector," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, chapter 11, pages 321-338, Economic and Social Research Institute (ESRI).
    21. Bastourre, Diego & Carrera, Jorge & Féliz, Mariano & Panigo, Demian, 2003. "Dollarization and real volatility," CEPREMAP Working Papers (Couverture Orange) 0311, CEPREMAP.
    22. Zhaoyong Zhang & Kiyotaka Sato, 2008. "Whither A Currency Union in Greater China?," Open Economies Review, Springer, vol. 19(3), pages 355-370, July.
    23. Gerardo Licandro, 2000. "Is Mercosur an Optimal Currency Area? A shock correlation perspective," Documentos de trabajo 2000004, Banco Central del Uruguay.
    24. Martha A. Starr, 2006. "One World, One Currency: Exploring The Issues," Contemporary Economic Policy, Western Economic Association International, vol. 24(4), pages 618-633, October.
    25. Honohan, Patrick & FitzGerald, John & Honohan, Patrick, 1996. "Adapting to Regime Change," Book Chapters, in: Baker, Terence J. (ed.),Economic Implications for Ireland of EMU, pages 10-36, Economic and Social Research Institute (ESRI).
    26. Schor, Armand-Denis, 2000. "La théorie des zones monétaires optimales : l’optimum, le praticable, le crédible et le réel," L'Actualité Economique, Société Canadienne de Science Economique, vol. 76(4), pages 545-576, décembre.

  44. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry, 1994. "Export Instability and the External Balance in Developing Countries," IMF Working Papers 1994/008, International Monetary Fund.

    Cited by:

    1. Carmen M. Reinhart & Peter Wickham, 1994. "Commodity Prices: Cyclical Weakness or Secular Decline?," IMF Staff Papers, Palgrave Macmillan, vol. 41(2), pages 175-213, June.
    2. Aleksandra Parteka, 2013. "The Evolving Structure Of Polish Exports (1994-2010) – Diversification Of Products And Trade Partners," GUT FME Working Paper Series A 10, Faculty of Management and Economics, Gdansk University of Technology.
    3. Lane, Philip R. & Tornell, Aaron, 1998. "Why aren't savings rates in Latin America procyclical?," Journal of Development Economics, Elsevier, vol. 57(1), pages 185-199, October.
    4. Paula Gracinda Santos & Ana Paula Ribeiro & Vitor Manuel Carvalho, 2013. "Export-led growth in Europe: Where and what to export?," FEP Working Papers 479, Universidade do Porto, Faculdade de Economia do Porto.
    5. Blaise Gnimassoun, 2017. "Exchange rate misalignments and the external balance under a pegged currency system," Review of International Economics, Wiley Blackwell, vol. 25(5), pages 949-974, November.
    6. Lane, Philip R. & Milesi-Ferretti, Gian Maria, 1999. "The External Wealth of Nations: Measures of Foreign Assets and Liabilities for Industrial and Developing Countries," CEPR Discussion Papers 2231, C.E.P.R. Discussion Papers.
    7. Thorvaldur Gylfason, 2017. "From Double Diversification to Efficiency and Growth," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 59(2), pages 149-168, June.
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    39. Kodithuwakku Sarath & Weerahewa Jeevika & Boughanmi Houcine, 2016. "Food and Agricultural Trade in the GCC: An Opportunity for South Asia?," Review of Middle East Economics and Finance, De Gruyter, vol. 12(3), pages 301-330, December.
    40. Xavier Cirera & Anabel Marin & Ricardo Markwald, 2011. "Explaining the Diversification Path of Exporters in Brazil: How Similar and Sophisticated are New Products?," Working Paper Series 2611, Department of Economics, University of Sussex Business School.
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    42. Juthathip Jongwanich, 2020. "Export diversification, margins and economic growth at industrial level: Evidence from Thailand," The World Economy, Wiley Blackwell, vol. 43(10), pages 2674-2722, October.
    43. Belmartino, Andrea, 2016. "Diversidad industrial en las provincias argentinas y factores económicos asociados (1996-2012)," Nülan. Deposited Documents 2604, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    44. Blaise Gnimassoun, 2015. "Exchange rate misalignments and the external balance under a pegged currency system," Working Papers hal-04141421, HAL.
    45. Otchia, Christian S., 2015. "Mining-based growth and productive transformation in the Democratic Republic of Congo: What can an African lion learn from an Asian tiger?," Resources Policy, Elsevier, vol. 45(C), pages 227-238.
    46. Berihu Assefa & Kiflu Gedefe, 2016. "An Economic Inquiry into Ethiopian Exports: Pattern, Characteristics, Dynamics and Survival," Working Papers 014, Policy Studies Institute.
    47. Mishra, Saurabh & Tewari, Ishani & Toosi, Siavash, 2020. "Economic complexity and the globalization of services," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 267-280.
    48. Stefan Avdjiev & Bat-el Berger & Hyun Song Shin, 2021. "Gauging Procyclicality and Financial Vulnerability in Asia through the BIS Banking and Financial Statistics," World Scientific Book Chapters, in: Steven J Davis & Edward S Robinson & Bernard Yeung (ed.), THE ASIAN MONETARY POLICY FORUM Insights for Central Banking, chapter 6, pages 224-262, World Scientific Publishing Co. Pte. Ltd..
    49. Monica P. Lombana, 2020. "Free Trade Agreements Between Peru, Colombia, and the United States," American Journal of Economics and Sociology, Wiley Blackwell, vol. 79(1), pages 199-232, January.
    50. Gnangnon, Sèna Kimm, 2022. "Effect of the Duty-Free Quota-Free Market access Schemes in favour of Least developed countries' Products on the Volatility of the Utilization Rate of these Schemes," EconStor Preprints 260567, ZBW - Leibniz Information Centre for Economics.
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    53. Aye Mengistu, Alemu, 2009. "Determinants of Vertical and Horizontal Export Diversification: Evidences from Sub-Saharan Africa and East Asia," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 17(2), pages 107-107, August.
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    57. Saurabh Mishra & Robert Koopman & Giuditta De-Prato & Anand Rao & Israel Osorio-Rodarte & Julie Kim & Nikola Spatafora & Keith Strier & Andrea Zaccaria, 2021. "AI Specialization for Pathways of Economic Diversification," Papers 2103.11042, arXiv.org.
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  45. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry, 1993. "Do Capital Flows Reflect Economic Fundamentals in Developing Countries?," IMF Working Papers 1993/034, International Monetary Fund.

    Cited by:

    1. Ramkishen Rajan, 2010. "The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?," Working Papers id:2583, eSocialSciences.
    2. Allison F Kingsley & Benjamin A T Graham, 2017. "The effects of information voids on capital flows in emerging markets," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(3), pages 324-343, April.
    3. Danish Ahmed SIDDIQUI & Mohsin Hasnain AHMAD & Muhammad ASIM, 2013. "The causal relationship between Foreign Direct Investment and Current Account: an empirical investigation for Pakistan economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(8(585)), pages 91-106, August.
    4. McCully, Tuuli, 2023. "Drivers of portfolio flows into Chinese debt securities amidst China's bond market development," BOFIT Discussion Papers 8/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    5. LAHLOU, Kamal, 2019. "Processus de libéralisation du compte capital: évolutions et défis pour l’économie marocaine," Document de travail 2019-2, Bank Al-Maghrib, Département de la Recherche.
    6. Bathia, Deven & Bouras, Christos & Demirer, Riza & Gupta, Rangan, 2020. "Cross-border capital flows and return dynamics in emerging stock markets: Relative roles of equity and debt flows," Journal of International Money and Finance, Elsevier, vol. 109(C).
    7. Bilesha B. Weeraratne, 2011. "Solving the Forward Discount Bias Puzzle in a Small Open Developing Economy," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 12(1), pages 61-89, March.
    8. Koepke, Robin, 2015. "What Drives Capital Flows to Emerging Markets? A Survey of the Empirical Literature," MPRA Paper 62770, University Library of Munich, Germany.
    9. Eleonora Cavallaro & Eleonora Cutrini, 2018. "Institutional quality and cross-border asset trade: are banks less worried about diversification abroad?," Working Papers in Public Economics 186, Department of Economics and Law, Sapienza University of Roma.
    10. Akira Kohsaka, 1996. "Interdependence through Capital Flows in Pacific Asia and the Role of Japan," NBER Chapters, in: Financial Deregulation and Integration in East Asia, pages 107-146, National Bureau of Economic Research, Inc.
    11. Ramkishen S. Rejan, 1998. "The Currency And Financial Crisis In Southeast Asia - A Case Of `Sudden Deathã¢Â‚¬Â„¢ Or `Death Foretoldã¢Â‚¬Â„¢," Macroeconomics Working Papers 22381, East Asian Bureau of Economic Research.
    12. Mrs. Swarnali A Hannan, 2018. "Revisiting the Determinants of Capital Flows to Emerging Markets--A Survey of the Evolving Literature," IMF Working Papers 2018/214, International Monetary Fund.
    13. Duran, Hasan Engin & Ferreira-Lopes, Alexandra, 2022. "The Revival Of The Feldstein-Horioka Puzzle And Moderation Of Capital Flows After The Global Financial Crisis (2008/09)," Research in International Business and Finance, Elsevier, vol. 60(C).
    14. Maxfield, Sylvia, 1998. "Understanding the Political Implications of Financial Internationalization in Emerging Market Countries," World Development, Elsevier, vol. 26(7), pages 1201-1219, July.
    15. Joseph Bisignano, 1996. "Varieties of monetary operating procedures: balancing monetary objectives with market efficiency," BIS Working Papers 35, Bank for International Settlements.
    16. Nataliia Osina, 2021. "Global governance and gross capital flows dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(3), pages 463-493, August.

  46. Mr. Jonathan David Ostry & Mr. Atish R. Ghosh, 1992. "Macroeconomic Uncertainty, Precautionary Savings and the Current Account," IMF Working Papers 1992/072, International Monetary Fund.

    Cited by:

    1. Asdrubali, Pierfederico & Kim, Soyoung, 2009. "Consumption smoothing channels in open economies," Journal of Banking & Finance, Elsevier, vol. 33(12), pages 2293-2300, December.
    2. Akihisa Shibata & Mototsugu Shintani & Takayuki Tsuruga, 2018. "Current account dynamics under information rigidity and imperfect capital mobility," CAMA Working Papers 2018-56, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Po-Chin Wu & Chung-Chih Lee, 2018. "The non-linear impact of monetary policy on international reserves: macroeconomic variables nexus," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 45(1), pages 165-185, February.
    4. Nason, James M. & Rogers, John H., 2006. "The present-value model of the current account has been rejected: Round up the usual suspects," Journal of International Economics, Elsevier, vol. 68(1), pages 159-187, January.
    5. Landon, Stuart & Smith, Constance, 2017. "Does the design of a fiscal rule matter for welfare?," Economic Modelling, Elsevier, vol. 63(C), pages 226-237.
    6. João Tovar Jalles & Georgios Karras, 2022. "Volatility and the Current Account: Extending the Evidence," Working Papers REM 2022/0252, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    7. 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.
    8. Carroll, Christopher D. & Jeanne, Olivier, 2009. "A tractable model of precautionary reserves, net foreign assets, or sovereign wealth funds," CFS Working Paper Series 2009/15, Center for Financial Studies (CFS).
    9. Mr. Irineu E de Carvalho Filho & Mr. Rudolfs Bems, 2009. "Exchange Rate Assessments: Methodologies for Oil Exporting Countries," IMF Working Papers 2009/281, International Monetary Fund.
    10. Luo, Yulei & Nie, Jun & Young, Eric R., 2012. "Robustness, information–processing constraints, and the current account in small open economies," Journal of International Economics, Elsevier, vol. 88(1), pages 104-120.
    11. Ms. Rina Bhattacharya & Katja Mann & Ms. Mwanza Nkusu, 2018. "Estimating the Demand for Reserve Assets Across Diverse Groups," IMF Working Papers 2018/047, International Monetary Fund.
    12. Lastauskas, Povilas & Nguyen, Anh Dinh Minh, 2023. "Global impacts of US monetary policy uncertainty shocks," Journal of International Economics, Elsevier, vol. 145(C).
    13. Sabine Herrmann & Adalbert Winkler, 2009. "Financial markets and the current account: emerging Europe versus emerging Asia," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 531-550, October.
    14. Shang-Jin Wei & Jiandong Ju, 2008. "Current Account Adjustment: Some New Theory and Evidence," 2008 Meeting Papers 851, Society for Economic Dynamics.
    15. Bems, Rudolfs & de Carvalho Filho, Irineu, 2011. "The current account and precautionary savings for exporters of exhaustible resources," Journal of International Economics, Elsevier, vol. 84(1), pages 48-64, May.
    16. Alessandro Federici & Pierluigi Montalbano, 2012. "Macroeconomic volatility, consumption behaviour and welfare: A cross-country analysis," Working Paper Series 3612, Department of Economics, University of Sussex Business School.
    17. Cesar R Sobrino, 2010. "The Effects of Inflation Targeting on the Current Account: An Empirical Examination," Economics Bulletin, AccessEcon, vol. 30(2), pages 1105-1112.
    18. Jamil, Abd Rahim Md. & Law, Siong Hook & Mohamad Khair-Afham, M.S. & Trinugroho, Irwan, 2023. "Financial inclusion and economic uncertainty in developing countries: The role of digitalisation," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 786-806.
    19. Stuart Landon & Constance Smith, 2015. "Rule-Based Resource Revenue Stabilization Funds: A Welfare Comparison," The Energy Journal, , vol. 36(2), pages 117-144, April.
    20. Obstfeld, Maurice & Rogoff, Kenneth, 1995. "The intertemporal approach to the current account," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 34, pages 1731-1799, Elsevier.
    21. Bertola, G., 1998. "Marcroeconomics of Distribution and Growth," Economics Working Papers eco98/39, European University Institute.
    22. Frank Leung & Philip Ng, 2007. "Is the Hong Kong Dollar Real Exchange Rate Misaligned?," Working Papers 0721, Hong Kong Monetary Authority.
    23. M-A. Letendre, 2002. "Semi-Parametric Predictions of the Intertemporal Approach to the Current Account," Department of Economics Working Papers 2002-01, McMaster University.
    24. Zhichao Zhang & Frankie Chau & Li Xie, 2013. "Accumulation of large foreign reserves in China: a behavioural perspective," Economic Change and Restructuring, Springer, vol. 46(1), pages 85-108, March.
    25. Jeanne, Olivier & Sandri, Damiano, 2020. "Optimal reserves in financially closed economies," Journal of International Money and Finance, Elsevier, vol. 104(C).
    26. Braeu, Rebecca, 2010. "Consumption tilting and the current account: Evidence from Canada," International Review of Economics & Finance, Elsevier, vol. 19(2), pages 304-312, April.
    27. Olivier Jeanne & Damiano Sandri & Eduardo Borensztein, 2010. "Macro-Hedging for Commodity Exporters," 2010 Meeting Papers 832, Society for Economic Dynamics.
    28. Assia Elgouacem, 2018. "Essays on investment and saving [Essais sur l’investissement et l’épargne]," SciencePo Working papers Main tel-03419405, HAL.
    29. Iscan, Talan B., 2000. "The terms of trade, productivity growth and the current account," Journal of Monetary Economics, Elsevier, vol. 45(3), pages 587-611, June.
    30. 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.
    31. Iscan, Talan B., 2002. "Present value tests of the current account with durables consumption," Journal of International Money and Finance, Elsevier, vol. 21(3), pages 385-412, June.
    32. Panizza, Ugo & Fatás, Antonio & Ghosh, Atish R. & ,, 2019. "The Motives to Borrow," CEPR Discussion Papers 13735, C.E.P.R. Discussion Papers.
    33. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," EconomiX Working Papers 2018-51, University of Paris Nanterre, EconomiX.
    34. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," Working Papers hal-04141675, HAL.
    35. João Tovar Jalles & Georgios Karras, 2023. "Pandemics and Trade in the 21st Century: Evidence from five Pre-Covid Pandemics," Open Economies Review, Springer, vol. 34(4), pages 895-918, September.
    36. Mr. Damiano Sandri, 2011. "Precautionary Savings and Global Imbalances in World General Equilibrium," IMF Working Papers 2011/122, International Monetary Fund.
    37. Marçal, Emerson & Simões, Oscar Rodrigues, 2024. "Current account and real effective exchange rate dynamics: the role of non-linear dynamics in Brazil," Textos para discussão 571, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    38. Bierens, Herman J. & Swanson, Norman R., 2000. "The econometric consequences of the ceteris paribus condition in economic theory," Journal of Econometrics, Elsevier, vol. 95(2), pages 223-253, April.
    39. Tianding ZHANG, 2007. "Endogenous Discounting, Precautionary Savings and the Current Account: the Case of China," Working Papers 200731, CERDI.
    40. Mr. Alun H. Thomas & Mr. Jun I Kim & Aqib Aslam, 2008. "Equilibrium Non-Oil Current Account Assessments for Oil Producing Countries," IMF Working Papers 2008/198, International Monetary Fund.
    41. Epaphra, Manamba & Amin, Jennifer, 2022. "The relationship between Trade Liberalization, Growth and Balance of Payments in Sub-Saharan Africa: Insights from Dynamic Panel Data Analysis," African Journal of Economic Review, African Journal of Economic Review, vol. 10(4), September.
    42. Tarlok Singh, 2007. "Intertemporal Optimizing Models Of Trade And Current Account Balance: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 21(1), pages 25-64, February.
    43. Jalles, João Tovar & Karras, Georgios, 2023. "Macroeconomic volatility and the current account: Extending the evidence," Economic Modelling, Elsevier, vol. 125(C).
    44. Tianding Zhang, 2011. "Endogenous Discounting, Precautionary Savings and the Current Account: the Case of China," Working Papers halshs-00556979, HAL.

  47. Mr. Atish R. Ghosh & Mr. Carlos M. Asilis, 1992. "The Savings Trap and Economic Take-Off," IMF Working Papers 1992/091, International Monetary Fund.

    Cited by:

    1. Mr. Timothy D. Lane & Mr. Leslie Lipschitz & Ms. Cristina Arellano & Mr. Aleš Bulíř, 2005. "The Dynamic Implications of Foreign Aid and Its Variability," IMF Working Papers 2005/119, International Monetary Fund.
    2. Prof. Dr. Robert Holzmann, 1994. "Funded and Private Pensions for Eastern European Countries in Transition?," Public Economics 9405004, University Library of Munich, Germany.

  48. Ghosh, A.R., 1990. "Strtegic Aspects Of Public Finance In A World With High Capital Mobility," Papers 49, Princeton, Woodrow Wilson School - Discussion Paper.

    Cited by:

    1. 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.
    2. Bacchetta, Philippe & Espinosa, Maria Paz, 1995. "Information sharing and tax competition among governments," Journal of International Economics, Elsevier, vol. 39(1-2), pages 103-121, August.
    3. Mr. Geremia Palomba, 2004. "Capital Income Taxation and Economic Growth in Open Economies," IMF Working Papers 2004/091, International Monetary Fund.
    4. Philippe Bacchetta & María Espinosa, 2000. "Exchange-of-Information Clauses in International Tax Treaties," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 7(3), pages 275-293, May.
    5. Jiming Ha & Anne C. Sibert, 1992. "Strategic capital taxation in large, open economies with mobile capital," Research Working Paper 92-01, Federal Reserve Bank of Kansas City.
    6. Jiming Ha & Anne Sibert, 1997. "Strategic Capital Taxation in Large Open Economies with Mobile Capital," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 4(3), pages 243-262, July.
    7. Jorge Blázquez & José M. Martín-Moreno, 2002. "Capital privado y competencia internacional: la armonización fiscal nunca es suficiente," Investigaciones Economicas, Fundación SEPI, vol. 26(2), pages 359-372, May.
    8. Lorz, Jens Oliver, 1996. "Capital mobility, tax competition, and lobbying for redistributive capital taxation," Kiel Working Papers 779, Kiel Institute for the World Economy (IfW Kiel).
    9. Lejour, A.M., 1995. "Cooperative and competitive policies in the EU : The European Siamese twin?," Discussion Paper 1995-20, Tilburg University, Center for Economic Research.
    10. Y. Stephen Chiu, 1997. "International Public Goods Coordination: Do Trade Barriers Matter?," International Economic Journal, Taylor & Francis Journals, vol. 11(2), pages 117-135.
    11. George Halkos & Nickolas Kyriazis, 2006. "Is tax competition harmful and is the EU an optimal tax area?," European Journal of Law and Economics, Springer, vol. 21(2), pages 163-177, April.
    12. Jorge Blázquez, 1998. "Estructura federal, bienestar e inestabilidad política: un modelo de gasto público con externalidades internacionales," Investigaciones Economicas, Fundación SEPI, vol. 22(1), pages 119-149, January.
    13. Pierre-Richard Agénor & Luiz Awazu Pereira da Silva, 2023. "Global public goods, fiscal policy coordination, and welfare in the world economy," BIS Working Papers 1106, Bank for International Settlements.

  49. Ghosh, A.R., 1990. "Is It Signalling Exchange Intervention And The Dollar- Deutschemark Rate," Papers 48, Princeton, Woodrow Wilson School - Discussion Paper.

    Cited by:

    1. 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.
    2. Jonathan Kearns & Roberto Rigobon, 2003. "Identifying the Efficacy of Central Bank Interventions: Evidence from Australia," RBA Research Discussion Papers rdp2003-04, Reserve Bank of Australia.
    3. Simon Neaime, 2000. "A Perspective on the Future Dollar-Euro Exchange Rate: Implications for the Peripheral Mediterranean Countries," Working Papers 2032, Economic Research Forum, revised 10 2000.
    4. Biswajit Banerjee & Juraj Zeman & Ľudovít Ódor & William O. Riiska, 2018. "On the Effectiveness of Central Bank Intervention in the Foreign Exchange Market: The Case of Slovakia, 1999–2007," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(3), pages 442-474, September.
    5. Marcel Fratzscher & Tobias Heidland & Lukas Menkhoff & Lucio Sarno & Maik Schmeling, 2020. "Foreign Exchange Intervention: A New Database," Discussion Papers of DIW Berlin 1915, DIW Berlin, German Institute for Economic Research.
    6. Francesca Caselli, 2017. "Did the Exchange Rate Floor Prevent Deflation in the Czech Republic?," IMF Working Papers 2017/206, International Monetary Fund.
    7. Baillie, Richard T. & Humpage, Owen F. & Osterberg, William P., 2000. "Intervention from an information perspective," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 10(3-4), pages 407-421, December.
    8. Garcia-Cicco Javier & Bucacos Elizabeth & Mello Miguel, 2023. "Foreign Exchange Interventions and Foreign Shocks: The case of Uruguay," Asociación Argentina de Economía Política: Working Papers 4657, Asociación Argentina de Economía Política.
    9. Ricardo T. Fernholz, 2015. "Exchange Rate Manipulation And Constructive Ambiguity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1323-1348, November.
    10. Ghosh, Atish R. & Ostry, Jonathan D. & Chamon, Marcos, 2016. "Two targets, two instruments: Monetary and exchange rate policies in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 172-196.
    11. Sweeney, Richard J., 2007. "Fed intervention, dollar appreciation, and systematic risk," Journal of International Money and Finance, Elsevier, vol. 26(2), pages 167-192, March.
    12. Taylor, Mark & Sarno, Lucio, 2001. "Official Intervention in the Foreign Exchange Market: Is It Effective, and, If So, How Does It Work?," CEPR Discussion Papers 2690, C.E.P.R. Discussion Papers.
    13. Rebecca Wetmore Humes & William P. Osterberg, 1995. "More on the differences between reported and actual U.S. central bank foreign exchange intervention," Working Papers (Old Series) 9501, Federal Reserve Bank of Cleveland.
    14. Zineddine Alla, 2017. "Optimal policies in international macroeconomics [Politiques optimales en macroéconomie internationale]," SciencePo Working papers Main tel-03436551, HAL.
    15. Simatele, Munacinga C H, 2004. "Financial sector reforms and monetary policy reforms in Zambia," MPRA Paper 21575, University Library of Munich, Germany.
    16. Domac, Ilker & Mendoza, Alfonso, 2004. "Is there room for foreign exchange interventions under an inflation targeting framework ? Evidence from Mexico and Turkey," Policy Research Working Paper Series 3288, The World Bank.
    17. Baillie, Richard T. & Osterberg, William P., 1997. "Why do central banks intervene?," Journal of International Money and Finance, Elsevier, vol. 16(6), pages 909-919, December.
    18. Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2015. "Sterilized Foreign Exchange Interventions under Inflation Targeting," Central Banking, Analysis, and Economic Policies Book Series, in: Claudio Raddatz & Diego Saravia & Jaume Ventura (ed.),Global Liquidity, Spillovers to Emerging Markets and Policy Responses, edition 1, volume 20, chapter 7, pages 223-244, Central Bank of Chile.
    19. 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.
    20. Leachman, Lori L. & Francis, Bill, 1996. "Equity market return volatility: Dynamics and transmission among the G-7 countries," Global Finance Journal, Elsevier, vol. 7(1), pages 27-52.
    21. Kathryn M. Dominguez, 1993. "Does Central Bank Intervention Increase the Volatility of Foreign Exchange Rates?," NBER Working Papers 4532, National Bureau of Economic Research, Inc.
    22. 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.
    23. Zineddine Alla & Mr. Raphael A Espinoza & Mr. Atish R. Ghosh, 2017. "FX Intervention in the New Keynesian Model," IMF Working Papers 2017/207, International Monetary Fund.
    24. Rasmus Fatum, 2010. "Foreign Exchange Intervention When Interest Rates Are Zero: Does the Portfolio Balance Channel Matter After All?," EPRU Working Paper Series 2010-07, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    25. Dominguez, Kathryn M., 1998. "Central bank intervention and exchange rate volatility1," Journal of International Money and Finance, Elsevier, vol. 17(1), pages 161-190, February.
    26. Adam Geršl, 2006. "Testing the Effectiveness of the Czech National Bank’s Foreign-Exchange Interventions," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 56(09-10), pages 398-415, September.
    27. Aguilar, Javiera & Nydahl, Stefan, 2000. "Central bank intervention and exchange rates: the case of Sweden," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 10(3-4), pages 303-322, December.
    28. Popper, Helen & Montgomery, John D., 2001. "Information sharing and central bank intervention in the foreign exchange market," Journal of International Economics, Elsevier, vol. 55(2), pages 295-316, December.
    29. Gonzalo Llosa & Vicente Tuesta & Marco Vega, 2006. "A BVAR Forecasting Model for Peruvian Inflation," Money Affairs, CEMLA, vol. 0(2), pages 117-141, July-Dece.
    30. Ghosh, Atish R., 2002. "Central bank secrecy in the foreign exchange market," European Economic Review, Elsevier, vol. 46(2), pages 253-272, February.
    31. Kenneth Coates, 2006. "Measurement Problems in Household International Remittances," Money Affairs, CEMLA, vol. 0(2), pages 95-115, July-Dece.
    32. Reeves, Silke Fabian, 1997. "Exchange rate management when sterilized interventions represent signals of monetary policy," International Review of Economics & Finance, Elsevier, vol. 6(4), pages 339-360.
    33. Baillie, Richard T. & Osterberg, William P., 2000. "Deviations from daily uncovered interest rate parity and the role of intervention," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 10(3-4), pages 363-379, December.
    34. Baillie, Richard T. & P. Osterberg, William, 1997. "Central bank intervention and risk in the forward market," Journal of International Economics, Elsevier, vol. 43(3-4), pages 483-497, November.
    35. Ilker Domac & Alfonso Mendoza, 2002. "Is there Room for Forex Interventions under Inflation Targeting Framework? Evidence from Mexico and Turkey," Discussion Papers 0206, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    36. Isabelle Strauss-Kahn, 2006. "Secrecy in Foreign exchange Interventions: the Point of View of a Practitioner in a European Context," Money Affairs, CEMLA, vol. 0(2), pages 159-179, July-Dece.
    37. Trevor Campbell, 2006. "The Impact of Barbados’ Investment Climate on its Foreign Direct Investment Inflows," Money Affairs, CEMLA, vol. 0(2), pages 143-157, July-Dece.
    38. Freddy A. Pinzón-Puerto & Mauricio Villamizar-Villegas, 2023. "Do Actions Speak Louder than Words? A Foreign Exchange Intervention Analysis," Borradores de Economia 1223, Banco de la Republica de Colombia.

  50. Ghosh, A.R. & Ghosh, S.R., 1990. "Does Model Uncertainty Really Preclude International Policy Coordination?," Papers 47, Princeton, Woodrow Wilson School - Discussion Paper.

    Cited by:

    1. Pierre Villa, 1997. "Incertitude sur le choix du modèle et rationalité," Working Papers 1997-09, CEPII research center.
    2. Yiyong Cai & Warwick J. McKibbin, 2013. "Uncertainty and International Climate Change Negotiations," CAMA Working Papers 2013-13, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Peter Mooslechner & Martin Schuerz, 1999. "International Macroeconomic Policy Coordination: Any Lessons for EMU? A Selective Survey of the Literature," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(3), pages 171-199, September.

Articles

  1. Atish R Ghosh & Jun I Kim & Mahvash S Qureshi, 2020. "What’s in a name? That which we call capital controls," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(101), pages 147-208.
    See citations under working paper version above.
  2. Zineddine Alla & Raphael A. Espinoza & Atish R. Ghosh, 2020. "FX Intervention in the New Keynesian Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(7), pages 1755-1791, October.
    See citations under working paper version above.
  3. Atish R Ghosh & Mahvash S Qureshi & Charalambos G Tsangarides, 2019. "Friedman Redux: External Adjustment and Exchange Rate Flexibility," The Economic Journal, Royal Economic Society, vol. 129(617), pages 408-438.
    See citations under working paper version above.
  4. Suman S. Basu & Atish R. Ghosh & Jonathan D. Ostry & Pablo E. Winant, 2018. "Managing Capital Outflows with Limited Reserves," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(2), pages 333-374, June.

    Cited by:

    1. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
    2. Lukas Menkhoff & Malte Rieth & Tobias Stöhr, 2020. "The Dynamic Impact of FX Interventions on Financial Markets," Discussion Papers of DIW Berlin 1854, DIW Berlin, German Institute for Economic Research.
    3. Viziniuc, Mădălin, 2021. "Winners and losers of central bank foreign exchange interventions," Economic Modelling, Elsevier, vol. 94(C), pages 748-767.
    4. Carlos Montoro & Marco Ortiz, 2020. "The Portfolio Channel of Capital Flows and Foreign Exchange Intervention in A Small Open Economy," Working Papers 168, Peruvian Economic Association.
    5. Lama, Ruy & Medina, Juan Pablo, 2020. "Mundell meets Poole: Managing capital flows with multiple instruments in emerging economies," Journal of International Money and Finance, Elsevier, vol. 109(C).

  5. Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2017. "Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(3), pages 563-585, August.
    See citations under working paper version above.
  6. 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.
    See citations under working paper version above.
  7. Ostry, Jonathan D. & Ghosh, Atish R., 2016. "On the obstacles to international policy coordination," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 25-40.

    Cited by:

    1. Carsten Hefeker, 2022. "Policy Competition, Imitation and Coordination under Uncertainty," CESifo Working Paper Series 9736, CESifo.
    2. Breitenlechner, Max & Georgiadis, Georgios & Schumann, Ben, 2022. "What goes around comes around: How large are spillbacks from US monetary policy?," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 45-60.
    3. Ca' Zorzi, Michele & Dedola, Luca & Georgiadis, Georgios & Jarociński, Marek & Stracca, Livio & Strasser, Georg, 2020. "Monetary policy and its transmission in a globalised world," Working Paper Series 2407, European Central Bank.
    4. Luca Dedola & Giulia Rivolta & Livio Stracca, 2016. "If the Fed Sneezes, Who Catches a Cold?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2016, National Bureau of Economic Research, Inc.
    5. Bhattarai, Keshab & Mallick, Sushanta K. & Yang, Bo, 2021. "Are global spillovers complementary or competitive? Need for international policy coordination," Journal of International Money and Finance, Elsevier, vol. 110(C).
    6. Ernest Gnan & Claudia Kwapil & Maria Teresa Valderrama, 2018. "Monetary policy after the crisis: mandates, targets, and international linkages," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q2/18, pages 8-33.
    7. Johannes Matschke, 2021. "National Interests, Spillovers and Macroprudential Coordination," Research Working Paper RWP 21-13, Federal Reserve Bank of Kansas City.
    8. Liutang Gong & Jianjian Liu & Chan Wang & Liyuan Wu & Heng-fu Zou, 2020. "International trade in intermediate inputs and the welfare gains from monetary policy cooperation," CEMA Working Papers 610, China Economics and Management Academy, Central University of Finance and Economics.
    9. Carsten Hefeker & Michael Neugart, 2019. "Policy Coordination under Model Disagreement and Uncertainty," CESifo Working Paper Series 7477, CESifo.
    10. Antonakakis, Nikolaos & Gabauer, David & Gupta, Rangan, 2019. "International monetary policy spillovers: Evidence from a time-varying parameter vector autoregression," International Review of Financial Analysis, Elsevier, vol. 65(C).
    11. Hefeker, Carsten, 2022. "Policy coordination under model disagreement and asymmetric shocks," Economic Modelling, Elsevier, vol. 114(C).
    12. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2022. "Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination," International Economics and Economic Policy, Springer, vol. 19(1), pages 79-127, February.
    13. Anton Korinek, 2017. "Currency wars or efficient spillovers?," BIS Working Papers 615, Bank for International Settlements.
    14. Sara Eugeni, 2019. "Exchange rate volatility and cooperation in an incomplete markets' economy," Department of Economics Working Papers 2019_02, Durham University, Department of Economics.
    15. 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.
    16. Arestis, Philip & Phelps, Peter, 2017. "Financial market implications of monetary policy coincidences: Evidence from the UK and Euro Area government-bond markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 49(C), pages 88-102.
    17. Hu, Xing & Yu, Shiwei & Fang, Xu & Ovaere, Marten, 2023. "Which combinations of renewable energy policies work better? Insights from policy text synergies in China," Energy Economics, Elsevier, vol. 127(PA).
    18. Nikolaos Antonakakis & David Gabauer & Rangan Gupta, 2018. "International Monetary Policy Spillovers: Evidence from a TVP-VAR," Working Papers 201806, University of Pretoria, Department of Economics.

  8. Ghosh, Atish R. & Ostry, Jonathan D. & Chamon, Marcos, 2016. "Two targets, two instruments: Monetary and exchange rate policies in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 172-196.
    See citations under working paper version above.
  9. Atish R. Ghosh & Jonathan D. Ostry & Mahvash S. Qureshi, 2016. "When Do Capital Inflow Surges End in Tears?," American Economic Review, American Economic Association, vol. 106(5), pages 581-585, May.

    Cited by:

    1. Jorge Lorca, 2021. "Capital Flows and Emerging Markets Fluctuations," Working Papers Central Bank of Chile 898, Central Bank of Chile.
    2. Eguren-Martin, Fernando & O'Neill, Cian & Sokol, Andrej & von dem Berge, Lukas, 2024. "Capital flows-at-risk: Push, pull and the role of policy," Journal of International Money and Finance, Elsevier, vol. 147(C).
    3. Nicoletta Batini, 2019. "Macroeconomic Gains from Reforming the Agri-Food Sector: The Case of France," IMF Working Papers 2019/041, International Monetary Fund.
    4. Hoggarth, Glen & Jung, Carsten & Reinhardt, Dennis, 2016. "Capital inflows — the good, the bad and the bubbly," Bank of England Financial Stability Papers 40, Bank of England.
    5. Olivier Jeanne & Damiano Sandri, 2020. "Global Financial Cycle and Liquidity Management," NBER Working Papers 27901, National Bureau of Economic Research, Inc.
    6. Stefan Avdjiev & Galina Hale, 2018. "U.S. Monetary Policy and Fluctuations of International Bank Lending," Working Paper Series 2018-2, Federal Reserve Bank of San Francisco.
    7. Liu, Zheng & Spiegel, Mark M. & Zhang, Jingyi, 2023. "Capital flows and income inequality," Journal of International Economics, Elsevier, vol. 144(C).
    8. Kohler, Karsten & Guschanski, Alexander & Stockhammer, Engelbert, 2018. "Verteilungseffekte von Finanzialisierung," Greenwich Papers in Political Economy 23471, University of Greenwich, Greenwich Political Economy Research Centre.
    9. Amr Hosny, 2020. "Non-Resident Holdings of Domestic Debt in Nigeria: Internal or External Driven?," IMF Working Papers 2020/063, International Monetary Fund.
    10. Valentin F. Lang & Ms. Marina Mendes Tavares, 2018. "The Distribution of Gains from Globalization," IMF Working Papers 2018/054, International Monetary Fund.
    11. Li, Xiang & Su, Dan, 2022. "Surges and instability: The maturity shortening channel," IWH Discussion Papers 23/2020, Halle Institute for Economic Research (IWH), revised 2022.
    12. Vo, Xuan Vinh & Nguyen, Dong Phong & Ho, Viet Tien & Nguyen, Trung Thong, 2017. "Where do the advanced countries invest? An investigation of capital flows from advanced countries to emerging economies," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 51(C), pages 142-154.
    13. Rogelio Mercado Jr., 2016. "Not All Surges of Gross Capital Inflows Are Alike," Trinity Economics Papers tep2016, Trinity College Dublin, Department of Economics, revised May 2018.
    14. Igan, Deniz & Kutan, Ali M. & Mirzaei, Ali, 2020. "The real effects of capital inflows in emerging markets," Journal of Banking & Finance, Elsevier, vol. 119(C).
    15. Konstantin Makrelov & Rob Davies & Laurence Harris, 2021. "The impact of capital flow reversal shocks in South Africa: a stock- and-flow-consistent analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 35(3-4), pages 475-501, July.
    16. Davide Furceri & Prakash Loungani & Jonathan D. Ostry, 2019. "The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(S1), pages 163-198, December.
    17. Jinyeong Yun, 2023. "Capital Inflows and Income Inequality:Evidence from Panel VAR Approach," MAGKS Papers on Economics 202322, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    18. Yazdani , Mahdi & Daryani , Elmira, 2021. "Output Loss from Sudden Stop of FDI and the Role of Macroeconomic Policies," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(2), pages 213-236, June.
    19. Eller, Markus & Huber, Florian & Schuberth, Helene, 2018. "How Important are Global Factors for Understanding the Dynamics of International Capital Flows?," Working Papers in Economics 2018-2, University of Salzburg.
    20. Mr. Atish R. Ghosh & Mahvash S Qureshi, 2016. "What’s In a Name? That Which We Call Capital Controls," IMF Working Papers 2016/025, International Monetary Fund.
    21. Li, Xiang & Su, Dan, 2022. "Surges and instability: The maturity shortening channel," Journal of International Economics, Elsevier, vol. 139(C).
    22. Robert Dekle & Cheng Hsiao & Siyan Wang, 2001. "The Real Effects of Capital Inflows on Emerging Markets," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 165-202.
    23. Garg, Bhavesh & Sahoo, Pravakar, 2023. "Are gross financial inflows expansionary or contractionary? Evidence from emerging economies," Finance Research Letters, Elsevier, vol. 58(PA).
    24. Roya Taherifar & Mark J. Holmes & Gazi M. Hassan, 2023. "Does economic openness matter in the impact of financial development on income inequality?," Working Papers in Economics 23/04, University of Waikato.
    25. Stefan Avdjiev & Stephan Binder & Ricardo Sousa, 2018. "External debt composition and domestic credit cycles," Working Papers 28, European Stability Mechanism.
    26. Pagliari, Maria Sole & Ahmed Hannan, Swarnali, 2024. "The volatility of capital flows in emerging markets: Measures and determinants," Journal of International Money and Finance, Elsevier, vol. 145(C).
    27. Alexander Raabe & Christiane Kneer, 2019. "Tracking Foreign Capital: The Effect of Capital Inflows on Bank Lending in the UK," IHEID Working Papers 10-2019, Economics Section, The Graduate Institute of International Studies.
    28. Vieira, Fabrício de Assis Campos & Farias, Eliene de Sá & Mattos, Leonardo Bornacki de, 2022. "Commodity prices and capital movement phenomena in emerging economies," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    29. Carmen M. Reinhart, 2019. "The curious case of missing defaults," AEI Economics Working Papers 1008739, American Enterprise Institute.
    30. Chung‐Hua Shen & Yen‐Hsien Lee & Hao Fang, 2020. "Predicting banking crises based on credit, housing and capital booms," International Finance, Wiley Blackwell, vol. 23(3), pages 472-505, December.
    31. Kiley, Michael T., 2021. "What macroeconomic conditions lead financial crises?," Journal of International Money and Finance, Elsevier, vol. 111(C).
    32. Brandao-Marques, Luis & Gelos, Gaston & Ichiue, Hibiki & Oura, Hiroko, 2022. "Changes in the global investor base and the stability of portfolio flows to emerging markets," Journal of Banking & Finance, Elsevier, vol. 144(C).
    33. José Daniel Aromí, 2021. "Large Current Account Deficits and Neglected Vulnerabilities," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(4), pages 597-623, December.
    34. Yoshihiko Norimasa & Kazuki Ueda & Tomohiro Watanabe, 2021. "Emerging Economies' Vulnerability to Changes in Capital Flows: The Role of Global and Local Factors," Bank of Japan Working Paper Series 21-E-5, Bank of Japan.
    35. Mr. Thorvardur Tjoervi Olafsson, 2018. "Cross-Border Credit Intermediation and Domestic Liquidity Provision in a Small Open Economy," IMF Working Papers 2018/202, International Monetary Fund.
    36. Werner Hölzl, 2021. "The Link between Financial Globalisation and Integration into Global Value Chains and Macroeconomic Impacts," WIFO Working Papers 632, WIFO.
    37. Maran, Raluca, 2022. "Reaction of the Philippine stock market to domestic monetary policy surprises: an event study approach," MPRA Paper 114855, University Library of Munich, Germany.
    38. Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016. "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series 180, European Central Bank.
    39. Ferriani, Fabrizio, 2021. "From taper tantrum to Covid-19: Portfolio flows to emerging markets in periods of stress," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 74(C).
    40. Rasmane Ouedraogo & Montfort Mlachila & Windemanegda Sandrine Sourouema & Ali Compaoré, 2022. "The impact of conflict and political instability on banking crises in developing countries," The World Economy, Wiley Blackwell, vol. 45(6), pages 1937-1977, June.
    41. Garg, Bhavesh & Prabheesh, K.P., 2017. "Drivers of India’s current account deficits, with implications for ameliorating them," Journal of Asian Economics, Elsevier, vol. 51(C), pages 23-32.
    42. Teimouri, Sheida & Zietz, Joachim, 2018. "The impact of surges in net private capital inflows on manufacturing, investment, and unemployment," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 158-170.
    43. Muhammad Imran & Abdul Rashid, 2023. "The Empirical Determinants of Foreign Direct Investment Episodes," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 15(3), pages 409-435, September.
    44. Shugo Yamamoto, 2020. "Global Liquidity,Offshore Bond Issuance and Shadow Banking in China," Discussion Papers 2011, Graduate School of Economics, Kobe University.

  10. Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2016. "Capital Flows: Expansionary or Contractionary?," American Economic Review, American Economic Association, vol. 106(5), pages 565-569, May.

    Cited by:

    1. Arslan Razmi, 2021. "Capital inflows, sustained investment surges and the role of external economies of scale in a developing economy," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 365-387, May.
    2. Alessandro Moro, 2021. "Can capital controls promote green investments in developing countries?," Temi di discussione (Economic working papers) 1348, Bank of Italy, Economic Research and International Relations Area.
    3. Jongrim Ha & Inhwan So, 2023. "Which Monetary Shocks Matter in Small Open Economies? Evidence from Canada," International Journal of Central Banking, International Journal of Central Banking, vol. 19(2), pages 389-472, June.
    4. Jorge Lorca, 2021. "Capital Flows and Emerging Markets Fluctuations," Working Papers Central Bank of Chile 898, Central Bank of Chile.
    5. Makrelov, Konstantin & Arndt, Channing & Davies, Rob & Harris, Laurence, 2020. "Balance sheet changes and the impact of financial sector risk-taking on fiscal multipliers," Economic Modelling, Elsevier, vol. 87(C), pages 322-343.
    6. Eller, Markus & Hauzenberger, Niko & Huber, Florian & Schuberth, Helene & Vashold, Lukas, 2021. "The impact of macroprudential policies on capital flows in CESEE," Journal of International Money and Finance, Elsevier, vol. 119(C).
    7. Serdar Kabaca & Kerem Tuzcuoglu, 2022. "International Transmission of Quantitative Easing Policies: Evidence from Canada," Staff Working Papers 22-30, Bank of Canada.
    8. Shigeto Kitano & Kenya Takaku, 2017. "Capital Controls, Macroprudential Regulation,and the Bank Balance Sheet Channel," Discussion Paper Series DP2017-18, Research Institute for Economics & Business Administration, Kobe University, revised Jan 2019.
    9. Markus Eller & Niko Hauzenberger & Florian Huber & Helene Schuberth & Lukas Vashold, 2020. "Capital Flows and the Stabilizing Role of Macroprudential Policies in CESEE," Papers 2009.06391, arXiv.org.
    10. Sook-Rei Tan & Wei-Siang Wang & Wai-Mun Chia, 2021. "International Capital Flows and Extreme Exchange Market Pressure: Evidence from Emerging Market Economies," Open Economies Review, Springer, vol. 32(3), pages 479-506, July.
    11. Andrzej Wojtyna, 2017. "Nowa faza dyskusji o kontroli międzynarodowych przepływów kapitału," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 6, pages 5-29.
    12. Konstantin Makrelov & Rob Davies & Laurence Harris, 2021. "The impact of capital flow reversal shocks in South Africa: a stock- and-flow-consistent analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 35(3-4), pages 475-501, July.
    13. Alexey Ponomarenko, 2019. "Do sterilized foreign exchange interventions create money?," Bank of Russia Working Paper Series wps40, Bank of Russia.
    14. Rogelio Mercado Jr., 2017. "Are Capital Inflows Expansionary or Contractionary in the Philippines?," Working Papers wp27, South East Asian Central Banks (SEACEN) Research and Training Centre.
    15. Agur, Itai & Chan, Melissa & Goswami, Mangal & Sharma, Sunil, 2019. "On international integration of emerging sovereign bond markets," Emerging Markets Review, Elsevier, vol. 38(C), pages 347-363.
    16. Asamoah, Michael Effah & Alagidede, Imhotep Paul, 2020. "Exploring the causal relationships and allocation puzzle between portfolio investments and real sector growth in Sub-Saharan Africa," Research in International Business and Finance, Elsevier, vol. 52(C).
    17. Paolo Cavallino & Mr. Damiano Sandri, 2018. "The Expansionary Lower Bound: Contractionary Monetary Easing and the Trilemma," IMF Working Papers 2018/236, International Monetary Fund.
    18. Javier Bianchi & Louphou Coulibaly, 2023. "A Theory of Fear of Floating," NBER Working Papers 30897, National Bureau of Economic Research, Inc.
    19. Mariam Camarero & Jesús Peiró-Palomino & Cecilio Tamarit, 2018. "External imbalances and growth," Working Papers 1808, Department of Applied Economics II, Universidad de Valencia.
    20. Garg, Bhavesh & Sahoo, Pravakar, 2023. "Are gross financial inflows expansionary or contractionary? Evidence from emerging economies," Finance Research Letters, Elsevier, vol. 58(PA).
    21. Heather Ba & William K. Winecoff, 2024. "American financial hegemony, global capital cycles, and the macroeconomic growth environment," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 334-372, March.
    22. Alexander Raabe & Christiane Kneer, 2019. "Tracking Foreign Capital: The Effect of Capital Inflows on Bank Lending in the UK," IHEID Working Papers 10-2019, Economics Section, The Graduate Institute of International Studies.
    23. Ramis Khabibullin & Alexey Ponomarenko & Sergei Seleznev, 2018. "Forecasting the implications of foreign exchange reserve accumulation with an agent-based model," Bank of Russia Working Paper Series wps37, Bank of Russia.
    24. Auerbach, Alan J & Gorodnichenko, Yuriy & Murphy, Daniel, 2020. "Effects of Fiscal Policy on Credit Markets," Department of Economics, Working Paper Series qt1qj0m1fb, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    25. Cavallino, Paolo & Sandri, Damiano, 2023. "The open-economy ELB: Contractionary monetary easing and the trilemma," Journal of International Economics, Elsevier, vol. 140(C).
    26. Shah, Mumtaz Hussain, 2016. "The Effect of Macroeconomic Stability on Inward FDI in African Developing Countries," MPRA Paper 82014, University Library of Munich, Germany.
    27. Zineddine Alla & Mr. Raphael A Espinoza & Mr. Atish R. Ghosh, 2017. "FX Intervention in the New Keynesian Model," IMF Working Papers 2017/207, International Monetary Fund.
    28. Aldasoro, Iñaki & Beltrán, Paula & Grinberg, Federico & Mancini-Griffoli, Tommaso, 2023. "The macro-financial effects of international bank lending on emerging markets," Journal of International Economics, Elsevier, vol. 142(C).
    29. Konstantin Makrelov & Channing Arndt & Rob Davies & Laurence Harris, 2018. "Fiscal multipliers in South Africa: The importance of financial sector dynamics," WIDER Working Paper Series wp-2018-6, World Institute for Development Economic Research (UNU-WIDER).
    30. Mara, Mirza Yuniar Isnaeni & Purwanto, Nur M.Adhi & Kurniati, Ina Nurmalia & Fauziah, Nanda Rizki & Aqmaliyah, Euis, 2021. "Capital flow and banking credit in Indonesia," Economic Modelling, Elsevier, vol. 95(C), pages 298-310.
    31. Ekkehard Ernst, 2019. "Finance and Jobs: How Financial Markets and Prudential Regulation Shape Unemployment Dynamics," JRFM, MDPI, vol. 12(1), pages 1-30, January.
    32. Hammed Oluwaseyi Musibau & Suraya Mahmood & Agboola Yusuf Hammed, 2017. "The Impact of Foreign Capital Inflows, Infrastructure and Role of Institutions on Economic Growth: An Error Correction Model," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(4), pages 35-49, December.
    33. Camarero, Mariam & Peiró-Palomino, Jesús & Tamarit, Cecilio, 2019. "Growth in a time of external imbalances," Economic Modelling, Elsevier, vol. 79(C), pages 262-275.
    34. Ghosh, Atish R. & Qureshi, Mahvash S., 2016. "Capital Inflow Surges and Consequences," ADBI Working Papers 585, Asian Development Bank Institute.
    35. Teimouri, Sheida & Zietz, Joachim, 2018. "The impact of surges in net private capital inflows on manufacturing, investment, and unemployment," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 158-170.
    36. Nicolas Eterovic & Dalibor Eterovic, 2022. "Stocks, Bonds and the US Dollar - Measuring Domestic and International Market Developments in an Emerging Market," Working Papers Central Bank of Chile 964, Central Bank of Chile.
    37. Bruno Cabrillac & Clément Marsilli & Sophie Rivaud, 2020. "De la libéralisation à la gestion des flux de capitaux internationaux," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 269-298.
    38. Gou, Qin & Li, Xingshen & Zhao, Guojun, 2024. "Surges of cross border capital flow: The impact of digital finance," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).

  11. Atish R Ghosh & Jonathan D Ostry & Mahvash S Qureshi, 2015. "Exchange Rate Management and Crisis Susceptibility: A Reassessment," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 63(1), pages 238-276, May.
    See citations under working paper version above.
  12. Ghosh, Atish R. & Qureshi, Mahvash S. & Kim, Jun Il & Zalduendo, Juan, 2014. "Surges," Journal of International Economics, Elsevier, vol. 92(2), pages 266-285.
    • Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Jun I Kim, 2012. "Surges," IMF Working Papers 2012/022, International Monetary Fund.
    See citations under working paper version above.
  13. Atish R Ghosh & Mahvash S Qureshi & Charalambos G Tsangarides, 2014. "On the Value of Words: Inflation and Fixed Exchange Rate Regimes," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(2), pages 288-322, June.

    Cited by:

    1. Cruz-Rodríguez, Alexis, 2016. "An empirical assessment of exchange arrangements and inflation performance," MPRA Paper 73005, University Library of Munich, Germany.
    2. Michael Bleaney & Lin Yin, 2015. "Price Adjustment in Currency Unions," Discussion Papers 15/06, University of Nottingham, School of Economics.
    3. 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.
    4. Hou, Jia & Knaze, Jakub, 2019. "The Effect of Exchange Rate Regimes on Business Cycle Synchronization: A Robust Analysis," MPRA Paper 95182, University Library of Munich, Germany.
    5. Michael Takudzwa Pasara & Vincent Mugwira, 2023. "Exchange Rate (MIS-) Alignment: An Application of the Behavioural Equilibrium Exchange Rate (beer) Approach to Zimbabwe (1990-2018)," International Journal of Economics and Financial Issues, Econjournals, vol. 13(5), pages 128-141, September.
    6. David Mautin Oke & Koye Gerry Bokana & Adebowale Soluade, 2017. "Re-examining Exchange Rate Regimes and Inflation Nexus: An ARDL Analysis for Nigerian Case," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 13(6), pages 253-266, DECEMBER.
    7. Philipp Harms & Jakub Knaze, 2021. "Effective Exchange Rate Regimes and Inflation," Working Papers 2102, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    8. Klaus Schmidt-Hebbel, 2019. "Macroeconomic Institutions: Lessons from World Experience for MENA Countries," Working Papers 1311, Economic Research Forum, revised 21 Aug 2019.
    9. Jia Hou & Jakub Knaze, 2022. "Exchange Rate Regimes and Business Cycle Synchronization," Open Economies Review, Springer, vol. 33(3), pages 523-564, July.

  14. Ghosh, Atish R. & Ostry, Jonathan D. & Tsangarides, Charalambos G., 2014. "Accounting for emerging market countries' international reserves: Are Pacific Rim countries different?," Journal of International Money and Finance, Elsevier, vol. 49(PA), pages 52-82.

    Cited by:

    1. Ms. Rina Bhattacharya & Katja Mann & Ms. Mwanza Nkusu, 2018. "Estimating the Demand for Reserve Assets Across Diverse Groups," IMF Working Papers 2018/047, International Monetary Fund.
    2. 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.
    3. Jiang, Xiandeng & Shi, Yanlin & Zhang, Zhaoyong, 2021. "Does US partisan conflict affect China’s foreign exchange reserves?," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 21-33.
    4. Shiu‐Sheng Chen & Jen‐Kuan Wang, 2022. "Detecting persistent one‐sided intervention in foreign exchange markets: A simple test," International Finance, Wiley Blackwell, vol. 25(1), pages 23-45, April.
    5. Shiu‐Sheng Chen & Tzu‐Yu Lin, 2019. "Do Exchange Rate Shocks Have Asymmetric Effects on Reserve Accumulation? Evidence from Emerging Markets," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1561-1586, October.
    6. Schröder, Marcel, 2017. "Mercantilism and China's hunger for international reserves," China Economic Review, Elsevier, vol. 42(C), pages 15-33.

  15. Atish R. Ghosh & Jun I. Kim & Enrique G. Mendoza & Jonathan D. Ostry & Mahvash S. Qureshi, 2013. "Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies," Economic Journal, Royal Economic Society, vol. 0, pages 4-30, February.
    See citations under working paper version above.
  16. Ghosh, Atish R. & Qureshi, Mahvash S. & Tsangarides, Charalambos G., 2013. "Is the exchange rate regime really irrelevant for external adjustment?," Economics Letters, Elsevier, vol. 118(1), pages 104-109.

    Cited by:

    1. 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.
    2. Blaise Gnimassoun & Valérie Mignon, 2014. "How macroeconomic imbalances interact? Evidence from a panel VAR analysis," EconomiX Working Papers 2014-5, University of Paris Nanterre, EconomiX.
    3. Jo‐wei Wu & Jyh‐Lin Wu, 2018. "Does The Launch Of The Euro Hinder The Current Account Adjustment Of The Eurozone?," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1116-1135, April.
    4. Nasir, Muhammad Ali & Vo, Xuan Vinh, 2020. "A quarter century of inflation targeting & structural change in exchange rate pass-through: Evidence from the first three movers," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 42-61.
    5. Olivier Habimana, 2017. "Do flexible exchange rates facilitate external adjustment? A dynamic approach with time-varying and asymmetric volatility," International Economics and Economic Policy, Springer, vol. 14(4), pages 625-642, October.
    6. Nieminen, Mika & Heimonen, Kari & Tohmo, Timo, 2017. "Current accounts and coordination of wage bargaining," BOFIT Discussion Papers 20/2017, Bank of Finland Institute for Emerging Economies (BOFIT).
    7. Mr. Atish R. Ghosh & Mr. Jonathan David Ostry & Mahvash S Qureshi, 2014. "Exchange Rate Management and Crisis Susceptibility: A Reassessment," IMF Working Papers 2014/011, International Monetary Fund.
    8. Alberto Behar & Armand Fouejieu, 2018. "External adjustment in oil exporters: The role of fiscal policy and the exchange rate," The World Economy, Wiley Blackwell, vol. 41(3), pages 926-957, March.
    9. Issiaka Coulibaly & Blaise Gnimassoun, 2013. "Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter?," Working Papers hal-04141160, HAL.
    10. Gnimassoun, Blaise, 2015. "The importance of the exchange rate regime in limiting current account imbalances in sub-Saharan African countries," Journal of International Money and Finance, Elsevier, vol. 53(C), pages 36-74.
    11. Fu‐Min Tseng & Jyh‐Lin Wu, 2023. "Exchange rate regimes and current account persistence," The World Economy, Wiley Blackwell, vol. 46(5), pages 1423-1443, May.
    12. Blaise Gnimassoun & Valérie Mignon, 2015. "Persistence of Current-account Disequilibria and Real Exchange-rate Misalignments," Review of International Economics, Wiley Blackwell, vol. 23(1), pages 137-159, February.
    13. Blaise Gnimassoun & Valérie Mignon, 2013. "Current-account adjustments and exchange-rate misalignments," Working Papers hal-04141182, HAL.
    14. Atish R Ghosh & Mahvash S Qureshi & Charalambos G Tsangarides, 2019. "Friedman Redux: External Adjustment and Exchange Rate Flexibility," The Economic Journal, Royal Economic Society, vol. 129(617), pages 408-438.
    15. Muhammad Ali Nasir & Mary Leung, 2021. "US trade deficit, a reality check: New evidence incorporating asymmetric and non‐linear effects of exchange rate dynamics," The World Economy, Wiley Blackwell, vol. 44(3), pages 818-836, March.
    16. Raza, Hamid & Zoega, Gylfi & Kinsella, Stephen, 2018. "Capital inflows, crisis and recovery in small open economies," Finance Research Letters, Elsevier, vol. 27(C), pages 273-282.
    17. Nadav Ben Zeev, 2017. "Exchange Rate Regimes And Sudden Stops," Working Papers 1712, Ben-Gurion University of the Negev, Department of Economics.
    18. Eguren-Martin, Fernando, 2015. "Exchange rate regimes and current account adjustment: an empirical investigation," Bank of England working papers 544, Bank of England.
    19. Harkmann, Kersti & Staehr, Karsten, 2021. "Current account drivers and exchange rate regimes in Central and Eastern Europe," Journal of International Money and Finance, Elsevier, vol. 110(C).
    20. Gnimassoun, Blaise & Coulibaly, Issiaka, 2014. "Current account sustainability in Sub-Saharan Africa: Does the exchange rate regime matter?," Economic Modelling, Elsevier, vol. 40(C), pages 208-226.
    21. Blaise Gnimassoun, 2014. "The importance of the exchange rate regime in limiting current account imbalances in sub-Saharan African countries," Working Papers hal-04141342, HAL.
    22. José Antonio Ocampo, 2016. "Global macroeconomic cooperation and the exchange rate system," WIDER Working Paper Series wp-2016-49, World Institute for Development Economic Research (UNU-WIDER).
    23. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," EconomiX Working Papers 2018-51, University of Paris Nanterre, EconomiX.
    24. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," Working Papers hal-04141675, HAL.
    25. Philipp Harms & Jakub Knaze, 2021. "Effective Exchange Rate Regimes and Inflation," Working Papers 2102, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    26. An, Jiyoun & Park, Bokyeong, 2016. "External adjustment and trading partners’ exchange rate regimes," Japan and the World Economy, Elsevier, vol. 37, pages 47-54.
    27. Ben Zeev, Nadav, 2019. "Global credit supply shocks and exchange rate regimes," Journal of International Economics, Elsevier, vol. 116(C), pages 1-32.
    28. Kersti Harkmann & Karsten Staehr, 2019. "Current account dynamics and exchange rate regimes in Central and Eastern Europe," Bank of Estonia Working Papers wp2018-08, Bank of Estonia, revised 23 Jan 2019.
    29. Habimana, Olivier, 2018. "Asymmetry and Multiscale Dynamics in Macroeconomic Time Series Analysis," MPRA Paper 87823, University Library of Munich, Germany.
    30. Mika Nieminen & Kari Heimonen & Timo Tohmo, 2019. "Current Accounts and Coordination of Wage Bargaining," Open Economies Review, Springer, vol. 30(2), pages 319-341, April.
    31. Selena Begoviæ & Sead Kreso, 2017. "The adverse effect of real effective exchange ratechange on trade balance in European transition countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 35(1), pages 277-299.
    32. José Antonio Ocampo, 2017. "Resetting the International Monetary (Non)System," Books, Red Investigadores de Economía, number 2017-11, March.
    33. Seung-Gwan Baek & Chi-Young Song, 2019. "What Drives Stops in Cross-Border Bond Flows?," Sustainability, MDPI, vol. 11(14), pages 1-21, July.
    34. Zoran Grubišiæ & Sandra Kamenkoviæ & Aleksandar Zdravkoviæ, 2018. "Impact of government balance and exchange rate regime on current account during the economic cycle: evidence from CEE countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(1), pages 309-336.

  17. Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2013. "Fiscal space and sovereign risk pricing in a currency union," Journal of International Money and Finance, Elsevier, vol. 34(C), pages 131-163.

    Cited by:

    1. Luca Metelli & Kevin Pallara, 2020. "Fiscal space and the size of the fiscal multiplier," Temi di discussione (Economic working papers) 1293, Bank of Italy, Economic Research and International Relations Area.
    2. Sarah Mouabbi & Jean-Paul Renne & Jean-Guillaume Sahuc, 2021. "Debt-Stabilizing Properties of GDP-Linked Securities: A Macro-Finance Perspective," Working papers 844, Banque de France.
    3. Eijffinger, Sylvester & Kobielarz, Michal & Uras, Burak, 2018. "Sovereign default, exit and contagion in a monetary union," Other publications TiSEM d1844a19-c4eb-4443-a4c2-5, Tilburg University, School of Economics and Management.
    4. Pierre Aldama & Jérôme Creel, 2019. "Fiscal policy in the US: Sustainable after all?," Post-Print hal-03384685, HAL.
    5. Pierre Aldama & Jérôme Creel, 2017. "Fiscal policy in the US : Ricardian after all ?," SciencePo Working papers Main hal-03458503, HAL.
    6. Jordi Paniagua & Juan Sapena & Cecilio Tamarit, 2016. "Fiscal Sustainability in EMU contries: A continued Fiscal commitment?," Working Papers 1608, Department of Applied Economics II, Universidad de Valencia.
    7. Gunther Capelle-Blancard & Patricia Crifo & Marc-Arthur Diaye & Rim Oueghlissi & Bert Scholtens, 2017. "Environmental, Social and Governance (ESG) performance and sovereign bond spreads: an empirical analysis of OECD countries," Working Papers hal-04141666, HAL.
    8. Telila, Henok Fasil, 2023. "Frontier markets sovereign risk: New evidence from spatial econometric models," Finance Research Letters, Elsevier, vol. 58(PD).
    9. Eijffinger, Sylvester & Uras, Burak & Kobielarz, Michal, 2015. "Sovereign Debt, Bail-Outs and Contagion in a Monetary Union," CEPR Discussion Papers 10459, C.E.P.R. Discussion Papers.
    10. Du, Wenti, 2018. "Who carried more credibility?: An analysis of the market responses to news from the Japanese government, the Japanese central bank and international credit rating agencies," Journal of Economics and Business, Elsevier, vol. 98(C), pages 32-39.
    11. Zhenxi Chen & Stefan Reitz, 2020. "Dynamics of the European sovereign bonds and the identification of crisis periods," Empirical Economics, Springer, vol. 58(6), pages 2761-2781, June.
    12. Guillaume Belly & Lukas Boeckelmann & Carlos Mateo Caicedo Graciano & Alberto Di Iorio & Klodiana Istrefi & Vasileios Siakoulis & Arthur Stalla-Bourdillon, 2023. "Forecasting sovereign risk in the Euro area via machine learning," Post-Print hal-04459577, HAL.
    13. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.
    14. Chiarella, Carl & ter Ellen, Saskia & He, Xue-Zhong & Wu, Eliza, 2015. "Fear or fundamentals? Heterogeneous beliefs in the European sovereign CDS market," Journal of Empirical Finance, Elsevier, vol. 32(C), pages 19-34.
    15. Sakuragawa, Masaya & Sakuragawa, Yukie, 2020. "Government fiscal projection and debt sustainability," Japan and the World Economy, Elsevier, vol. 54(C).
    16. Heinemann, Friedrich & Osterloh, Steffen & Kalb, Alexander, 2014. "Sovereign risk premia: The link between fiscal rules and stability culture," Journal of International Money and Finance, Elsevier, vol. 41(C), pages 110-127.
    17. Kobielarz, Michal, 2018. "The economics of monetary unions," Other publications TiSEM b0293536-68ec-4905-bffd-6, Tilburg University, School of Economics and Management.
    18. Malliaropulos, Dimitris & Migiakis, Petros, 2018. "The re-pricing of sovereign risks following the Global Financial Crisis," Journal of Empirical Finance, Elsevier, vol. 49(C), pages 39-56.
    19. Paraskevi K. Salamaliki & Ioannis A. Venetis, 2024. "Fiscal Space and Policy Response to Financial Crises: Market Access and Deficit Concerns," Open Economies Review, Springer, vol. 35(2), pages 323-361, April.
    20. Pierre Aldama & Jérôme Creel, 2016. "Why fiscal regimes matter for fiscal sustainability analysis: an application to France," Working Papers hal-03459336, HAL.
    21. Henok Fasil Telila, 2024. "Frontier markets sovereign risk: New evidence from spatial econometric models," French Stata Users' Group Meetings 2024 10, Stata Users Group.
    22. Aura Gabriela SOCOL & Roxana Mirela FERARU, 2017. "The role of fiscal policy in the financial crisis. Challenges and solutions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(611), S), pages 5-20, Summer.
    23. Fatih AKBAYIR & Ahmet Burçin YERELİ, 2019. "Estimating Fiscal Space: The Theoretical Framework of Ostry et al. Approach," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(39).
    24. Toyofuku, Kenta, 2021. "Unit of account, sovereign debt, and optimal currency area," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    25. Olumide Olusegun Olaoye & Phillip A. Olomola, 2023. "Sub‐Saharan Africa's rising public debt stock: Is there a cause for concern?," South African Journal of Economics, Economic Society of South Africa, vol. 91(1), pages 85-115, March.
    26. Katia Berti & Eugeniu Colesnic & Cyril Desponts & Stephanie Pamies & Etienne Sail, 2016. "Fiscal Reaction Functions for European Union Countries," European Economy - Discussion Papers 028, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    27. António Afonso & José Alves & Sofia Monteiro, 2024. "Sovereign Risk Dynamics in the EU: The Time Varying Relevance of Fiscal and External (Im)balances," CESifo Working Paper Series 10979, CESifo.
    28. Jacopo Cimadomo & Peter Claeys & Mr. Marcos Poplawski Ribeiro, 2016. "How do Experts Forecast Sovereign Spreads?," IMF Working Papers 2016/100, International Monetary Fund.
    29. Jeanneret, Alexandre & Souissi, Slim, 2016. "Sovereign defaults by currency denomination," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 197-222.
    30. Beqiraj, Elton & Fedeli, Silvia & Forte, Francesco, 2018. "Public debt sustainability: An empirical study on OECD countries," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 238-248.
    31. Okwoche Princewill U. & Iheonu Chimere O., 2021. "Determinants of fiscal effort in sub-Saharan African countries: Does conflict matter?," Economics and Business Review, Sciendo, vol. 7(2), pages 50-73, June.
    32. Feld, Lars P. & Kalb, Alexander & Moessinger, Marc-Daniel & Osterloh, Steffen, 2017. "Sovereign bond market reactions to no-bailout clauses and fiscal rules – The Swiss experience," Journal of International Money and Finance, Elsevier, vol. 70(C), pages 319-343.
    33. Huyugüzel Kışla, Gül & Özlem Önder, A., 2018. "Spatial analysis of sovereign risks: The case of emerging markets," Finance Research Letters, Elsevier, vol. 26(C), pages 47-55.
    34. Olumide O. Olaoye & O. J. Omokanmi & Mosab I. Tabash & S. O. Olofinlade & M. O. Ojelade, 2024. "Soaring inflation in sub-Saharan Africa: A fiscal root?," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(1), pages 987-1009, February.
    35. Mahmoud Hachem, 2023. "The Interaction between Policy Mix in Lebanon: Applications of the Nonlinear and Linear ARDL Models," International Journal of Economics and Financial Issues, Econjournals, vol. 13(2), pages 27-45, March.
    36. Ostry, Jonathan D. & Debrun, Xavier & Willems, Tim & Wyplosz, Charles, 2019. "Public Debt Sustainability," CEPR Discussion Papers 14010, C.E.P.R. Discussion Papers.
    37. Anastasios Pappas & Ioannis Kostakis, 2020. "The Driving Factors of EMU Government Bond Yields: The Role of Debt, Liquidity and Fiscal Councils," IJFS, MDPI, vol. 8(3), pages 1-13, September.
    38. Sarah Mouabbi & Jean-Paul Renne & Jean-Guillaume Sahuc, 2020. "Taming Debt: Can GDP-Linked Bonds Do the Trick?," EconomiX Working Papers 2020-13, University of Paris Nanterre, EconomiX.
    39. Camelia BALTARE?U, 2019. "Public Debt Analysis In The European Union," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(4), pages 184-193.
    40. Yu HSING, 2017. "Is more government debt or currency depreciation expansionary? The case of Poland," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(612), A), pages 63-70, Autumn.
    41. Jørgen Bølstad & Christoph Elhardt, 2015. "To bail out or not to bail out? Crisis politics, credibility, and default risk in the Eurozone," European Union Politics, , vol. 16(3), pages 325-346, September.
    42. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    43. Dimitris A. Georgoutsos & Petros M. Migiakis, 2018. "Risk perceptions and fundamental effects on sovereign spreads," Working Papers 250, Bank of Greece.
    44. Claeys, Peter & Cimadomo, Jacopo & Poplawski Ribeiro, Marcos, 2014. "How do financial institutions forecast sovereign spreads?," Working Paper Series 1750, European Central Bank.
    45. Tomasz Łyziak & Joanna Mackiewicz-Łyziak, 2019. "Sustainability of Public Finances in European Economies: Fiscal Policy Reactions and Market Pricing," Eastern European Economics, Taylor & Francis Journals, vol. 57(1), pages 3-19, January.
    46. Capelle-Blancard, Gunther & Crifo, Patricia & Diaye, Marc-Arthur & Oueghlissi, Rim & Scholtens, Bert, 2019. "Sovereign bond yield spreads and sustainability: An empirical analysis of OECD countries," Journal of Banking & Finance, Elsevier, vol. 98(C), pages 156-169.
    47. Nazim Belhocine & Mr. Salvatore Dell'Erba, 2013. "The Impact of Debt Sustainability and the Level of Debt on Emerging Markets Spreads," IMF Working Papers 2013/093, International Monetary Fund.
    48. Fatih AKBAYIR & Ahmet Burçin YERELİ, 2018. "Fiscal Space and Estimating Methods," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(38).
    49. Nasir, Muhammad Ali & Le, Thi Ngoc Lan & Ghabri, Yosra & Huynh, Luu Duc Toan, 2023. "Sovereign bonds and flight to safety: Implications of the COVID-19 crisis for sovereign debt markets in the G-7 and E-7 economies," International Review of Financial Analysis, Elsevier, vol. 86(C).
    50. Lawrence Ogbeifun & Olatunji Shobande, 2020. "Debt sustainability and the fiscal reaction function: evidence from MIST countries," Future Business Journal, Springer, vol. 6(1), pages 1-8, December.
    51. Pierre Aldama & Jérôme Creel, 2017. "Why Fiscal Regimes Matter for Fiscal Sustainability: An Application to France," Working Papers 2017.01, International Network for Economic Research - INFER.

  18. Ostry, Jonathan D. & Ghosh, Atish R. & Chamon, Marcos & Qureshi, Mahvash S., 2012. "Tools for managing financial-stability risks from capital inflows," Journal of International Economics, Elsevier, vol. 88(2), pages 407-421.

    Cited by:

    1. Seung-Gwan Baek & Chi-Young Song, 2016. "On the Determinants of Surges and Stops in Foreign Loans: An Empirical Investigation," Open Economies Review, Springer, vol. 27(3), pages 405-445, July.
    2. Garcia-Barragan, Fernando & Liu, Guangling, 2022. "A new approach to capital control for emerging market economies," The North American Journal of Economics and Finance, Elsevier, vol. 61(C).
    3. Maijoor, S. & Boidard, C., 2017. "A stability perspective of market-based finance: designing new prudential tools?," Financial Stability Review, Banque de France, issue 21, pages 149-156, April.
    4. Hakan Kara, 2016. "A brief assessment of Turkey's macroprudential policy approach : 2011–2015," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 16(3), pages 85-92.
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    148. Fiedler Salomon & Jannsen Nils & Reitz Stefan & Wolters Maik, 2016. "Is Globalization Reducing the Ability of Central Banks to Control Inflation? A Literature Review with an Application to the Euro Area," Review of Economics, De Gruyter, vol. 67(3), pages 231-253, December.
    149. 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.
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    151. JaeBin Ahn & Youngju Kim & Hyunjoon Lim, 2022. "For Whom the Levy Tolls: The Case of a Macroprudential Stability Levy in South Korea," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(3), pages 520-559, September.
    152. Ms. Juliana Dutra Araujo & Mr. Antonio David & Carlos van Hombeeck & Mr. Chris Papageorgiou, 2015. "Joining the Club? Procyclicality of Private Capital Inflows in Low Income Developing Countries," IMF Working Papers 2015/163, International Monetary Fund.
    153. Hansen, Erwin & Wagner, Rodrigo, 2022. "The reinvestment by multinationals as a capital flow: Crises, imbalances, and the cash-based current account," Journal of International Money and Finance, Elsevier, vol. 124(C).
    154. Aguirre, Pablo & Alonso, José Antonio & Jerez, Miguel, 2019. "Effectiveness of capital account regulation: Lessons from Brazil and Peru," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 176-194.
    155. Gkillas (Gillas), Konstantinos & Tsagkanos, Athanasios & Siriopoulos, Costas, 2016. "The risk in capital controls," Finance Research Letters, Elsevier, vol. 19(C), pages 261-266.
    156. Hasdi Aimon & Rika Utami Restihani & Anggi Putri Kurniadi*, 2019. "The Interaction of Macroeconomic Variables on Capital Inflow in Emerging Market Countries in ASEAN: Panel Error Correction Model Approach," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(9), pages 1357-1364, 09-2019.
    157. Hoffmann, Andreas & Loeffler, Axel, 2013. "Low interest rate policy and the use of reserve requirements in emerging markets," Working Papers 120, University of Leipzig, Faculty of Economics and Management Science.
    158. Hyeyoon Jung, 2021. "Real Consequences of Shocks to Intermediaries Supplying Corporate Hedging Instruments," Staff Reports 989, Federal Reserve Bank of New York.
    159. Wishnu Mahraddika, 2021. "How effective is capital flow management? The Indonesian experience," Departmental Working Papers 2021-15, The Australian National University, Arndt-Corden Department of Economics.
    160. Bush, C., 2017. "Macroprudential measures and capital controls: towards a framework for policy evaluation," Financial Stability Review, Banque de France, issue 21, pages 157-166, April.
    161. König, E., 2017. "Implementing an efficient resolution framework in the Banking Union: lessons from the crisis and challenges ahead," Financial Stability Review, Banque de France, issue 21, pages 71-76, April.
    162. Balakina, Olga & D’Andrea, Angelo & Masciandaro, Donato, 2017. "Bank secrecy in offshore centres and capital flows: Does blacklisting matter?," Review of Financial Economics, Elsevier, vol. 32(C), pages 30-57.
    163. Cesar R. Van Der Laan & Marcos Tadeu C. Lélis & André Moreira Cunha, 2016. "External Capital Flows’ Management In The Great Recession: The Brazilian Experience (2007-2013)," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 035, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    164. Nouy, D., 2017. "Safer than ever before? An assessment of the impact of regulation on banks’ resilience eight years on," Financial Stability Review, Banque de France, issue 21, pages 23-32, April.
    165. Alfredo Schclarek & Jiajun Xu, 2021. "Panda Bond Financing of the Belt & Road Initiative: An Analysis of Monetary Mechanisms and Financial Risks," Asociación Argentina de Economía Política: Working Papers 4519, Asociación Argentina de Economía Política.
    166. Lorenzo Menna & Martin Tobal, 2018. "Financial and price stability in emerging markets: the role of the interest rate," BIS Working Papers 717, Bank for International Settlements.
    167. Sun, Zhaojun & Xu, Xiaoguang & Yang, Wen, 2022. "Capital account liberalization, external shocks and economic fluctuations of China," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 220-240.
    168. Andrea Flori & Simone Giansante & Claudia Girardone & Fabio Pammolli, 2021. "Banks’ business strategies on the edge of distress," Annals of Operations Research, Springer, vol. 299(1), pages 481-530, April.
    169. Beck, Roland & Reinhardt, Dennis & Rebillard, Cyril & Ramos-Tallada, Julio & Peeters, Jolanda & Paternò, Francesco & Wörz, Julia & Beirne, John & Weissenseel, Lisa, 2015. "The side effects of national financial sector policies: framing the debate on financial protectionism," Occasional Paper Series 166, European Central Bank.
    170. Weber, A., 2017. "The impact of financial regulation: a G-SIB perspective," Financial Stability Review, Banque de France, issue 21, pages 45-54, April.
    171. Arbatli-Saxegaard, Elif & Furceri, Davide & Gonzalez Dominguez, Pablo & Ostry, Jonathan & Peiris, Shanaka, 2022. "Spillovers from US Monetary Shocks: Role of Policy Drivers and Cyclical Conditions," ADBI Working Papers 1317, Asian Development Bank Institute.
    172. Bilge Erten & José Antonio Ocampo, 2017. "Macroeconomic Effects of Capital Account Regulations," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 193-240, June.
    173. Eugenio Cerutti & Stijn Claessens & Luc Laeven, 2016. "The use and effectiveness of macroprudential policies," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential policy, volume 86, pages 95-102, Bank for International Settlements.
    174. Tiago F. A. Matos & João C. A. Teixeira & Tiago M. Dutra, 2023. "The contribution of macroprudential policies to banks' resilience: Lessons from the systemic crises and the COVID‐19 pandemic shock," International Review of Finance, International Review of Finance Ltd., vol. 23(4), pages 794-830, December.
    175. Katharina Bergant & Francesco Grigoli & Niels-Jakob Hansen & Katharina Damiano Sandri, 2023. "Dampening global financial shocks: can macroprudential regulation help (more than capital controls)?," BIS Working Papers 1097, Bank for International Settlements.
    176. Yang Zhou, 2022. "The Effects of Capital Controls on Housing Prices," Discussion Paper Series DP2022-29, Research Institute for Economics & Business Administration, Kobe University.
    177. Eichengreen, Barry & Rose, Andrew, 2014. "Capital Controls in the 21st Century," Journal of International Money and Finance, Elsevier, vol. 48(PA), pages 1-16.
    178. Andrikopoulos, Athanasios & Chen, Zhongfei & Chortareas, Georgios & Li, Kexin, 2023. "Global economic policy Uncertainty, gross capital Inflows, and the mitigating role of Macroprudential policies," Journal of International Money and Finance, Elsevier, vol. 131(C).
    179. Bruno Cabrillac & Clément Marsilli & Sophie Rivaud, 2020. "De la libéralisation à la gestion des flux de capitaux internationaux," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 269-298.
    180. Yongding, Yu, 2014. "How Far Can Renminbi Internationalization Go?," ADBI Working Papers 461, Asian Development Bank Institute.
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    182. Loipersberger, Florian & Matschke, Johannes, 2022. "Financial cycles and domestic policy choices," European Economic Review, Elsevier, vol. 143(C).
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    184. Milena Kabza & Konrad Kostrzewa, 2016. "Prudential measures in dealing with capital flows – case of Poland," NBP Working Papers 244, Narodowy Bank Polski.
    185. Cavallaro, Eleonora & Cutrini, Eleonora, 2019. "Distance and beyond: What drives financial flows to emerging economies?," Economic Modelling, Elsevier, vol. 81(C), pages 533-550.
    186. Tobal Martín, 2017. "Prudential Regulation, Currency Mismatches and Exchange Rates in Latin America and the Caribbean," Working Papers 2017-21, Banco de México.
    187. Markose, S. & Giansante, S. & Rais Shaghaghi, A., 2017. "Central clearing: reaping the benefits, controlling the risks," Financial Stability Review, Banque de France, issue 21, pages 111-126, April.
    188. Chin-Yoong Wong & Yoke-Kee Eng, 2015. "Surviving Asymmetry in Capital Flows and the Business Cycles: The Role of Prudential Capital Controls," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 545-563, August.
    189. Marco Albori & Flavia Corneli & Valerio Nispi Landi & Alessandro Schiavone, 2021. "The impact of restrictions on FDI," Questioni di Economia e Finanza (Occasional Papers) 656, Bank of Italy, Economic Research and International Relations Area.
    190. CUHAL, Radu & STARIŢÎNA, Ludmila & SADOVEANU, Diana, 2015. "Modelling Approaches To Assess The Effectiveness Of Macro-Prudential Policy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 2(1), pages 67-75.
    191. Antonis Kotidis & Margaux MacDonald & Dimitris Malliaropulos, 2024. "Guaranteeing Trade in a Severe Crisis: Cash Collateral Over Bank Guarantees," Open Economies Review, Springer, vol. 35(2), pages 261-282, April.

  19. Jonathan D Ostry & Atish R Ghosh & Marcos Chamon & Mahvash S Qureshi, 2011. "Capital Controls: When and Why?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(3), pages 562-580, August.

    Cited by:

    1. Karsten Kohler, 2019. "Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles," Working Papers PKWP1906, Post Keynesian Economics Society (PKES).
    2. Uluc Aysun & Karlia Clarke & Oronde Small, 2022. "Capital Outflow Restrictions and Dollar Drainage," Working Papers 2022-02, University of Central Florida, Department of Economics.
    3. Johannes Matschke, 2021. "Macroprudential Policy Interlinkages," Research Working Paper RWP 21-10, Federal Reserve Bank of Kansas City.
    4. 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.
    5. Bulent Koksal & Cuneyt Orman, 2014. "Determinants of Capital Structure : Evidence from a Major Developing Economy," Working Papers 1426, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    6. Olivier Jeanne & Damiano Sandri, 2020. "Global Financial Cycle and Liquidity Management," NBER Working Papers 27901, National Bureau of Economic Research, Inc.
    7. 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.
    8. Matschke, Johannes & Lovchikova, Marina, 2022. "Capital Controls and the Global Financial Cycle," VfS Annual Conference 2022 (Basel): Big Data in Economics 264039, Verein für Socialpolitik / German Economic Association.
    9. Gurnain Pasricha, 2017. "Policy Rules for Capital Controls," Staff Working Papers 17-42, Bank of Canada.
    10. Assa, Jacob & Morgan, Marc, 2024. "The General Relativity of Fiscal Space: Theory and Applications," Working Papers unige:176185, University of Geneva, Paul Bairoch Institute of Economic History.
    11. Jinjarak, Y & Noy, I & Zheng, H, 2012. "Capital Controls in Brazil: Stemming a Tide with a Signal?," Working Paper Series 18704, Victoria University of Wellington, School of Economics and Finance.
    12. Boero, Gianna & Mandalinci, Zeyyad & Taylor, Mark P., 2019. "Modelling portfolio capital flows in a global framework: Multilateral implications of capital controls," Journal of International Money and Finance, Elsevier, vol. 90(C), pages 142-160.
    13. David de Villiers & Hylton Hollander & Dawie van Lill, 2023. "The effectiveness of macroprudential policies in managing extreme capital flow episodes," Working Papers 06/2023, Stellenbosch University, Department of Economics.
    14. Michael W. Klein & Jay C. Shambaugh, 2013. "Rounding the Corners of the Policy Trilemma: Sources of Monetary Policy Autonomy," NBER Working Papers 19461, National Bureau of Economic Research, Inc.
    15. Bilge Erten & Anton Korinek & José Antonio Ocampo, 2019. "Capital Controls: Theory and Evidence," NBER Working Papers 26447, National Bureau of Economic Research, Inc.
    16. Zineddine Alla, 2017. "Optimal policies in international macroeconomics [Politiques optimales en macroéconomie internationale]," SciencePo Working papers Main tel-03436551, HAL.
    17. Lidija Dedi & Burhan F. Yavas, 2016. "Return and volatility spillovers in equity markets: An investigation using various GARCH methodologies," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1266788-126, December.
    18. William Mitchell, 2016. "Eurozone Groupthink and Denial on a Grand Scale," World Economic Review, World Economics Association, vol. 2016(7), pages 43-55, July.
    19. Ila Patnaik & Ajay Shah, 2012. "Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 60(3), pages 439-464, September.
    20. Radhika Pandey & Gurnain Pasricha & Ila Patnaik & Ajay Shah, 2015. "Motivations for Capital Controls and Their Effectiveness," Staff Working Papers 15-5, Bank of Canada.
    21. Sanyal, Anirban, 2022. "Capital Control and Heterogeneous Impact on Capital Flows," EconStor Preprints 261300, ZBW - Leibniz Information Centre for Economics.
    22. Dr. Nihal Bayraktar, 2015. "Importance of Investment Climates for Inflows of Foreign Direct Investment in Developing Countries," Business and Economic Research, Macrothink Institute, vol. 5(1), pages 24-50, June.
    23. Stephanie Guichard, 2017. "10 Years after the Global Financial Crisis: What Have We Learnt About International Capital Flows?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 1-30, October.
    24. De,Supriyo & Mohapatra,Sanket & Ratha,Dilip K., 2020. "Sovereign Credit Ratings, Relative Risk Ratings, and Private Capital Flows," Policy Research Working Paper Series 9401, The World Bank.
    25. Naoyuki Yoshino & Sahoko Kaji & Tamon Asonuma, 2016. "Dynamic Effects of Changes in the Exchange Rate System," Asian Development Review, MIT Press, vol. 33(1), pages 111-161, March.
    26. Montecino, Juan Antonio, 2015. "Capital controls and the real exchange rate: Do controls promote disequilibria?," UMASS Amherst Economics Working Papers 2015-02, University of Massachusetts Amherst, Department of Economics.
    27. Hoffmann, Andreas & Loeffler, Axel, 2013. "Low interest rate policy and the use of reserve requirements in emerging markets," Working Papers 120, University of Leipzig, Faculty of Economics and Management Science.
    28. Wishnu Mahraddika, 2021. "How effective is capital flow management? The Indonesian experience," Departmental Working Papers 2021-15, The Australian National University, Arndt-Corden Department of Economics.
    29. Philip R. Lane, 2015. "International Financial Flows in Low-Income Countries," Pacific Economic Review, Wiley Blackwell, vol. 20(1), pages 49-72, February.
    30. Kohler, Karsten & Bonizzi, Bruno & Kaltenbrunner, Annina, 2023. "Global financial uncertainty shocks and external monetary vulnerability: The role of dominance, exposure, and history," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
    31. Mrs. Swarnali A Hannan, 2018. "Revisiting the Determinants of Capital Flows to Emerging Markets--A Survey of the Evolving Literature," IMF Working Papers 2018/214, International Monetary Fund.
    32. Bruno Bonizzi, 2017. "International financialisation, developing countries and the contradictions of privatised Keynesianism," Economic and Political Studies, Taylor & Francis Journals, vol. 5(1), pages 21-40, January.
    33. Ma, Guonan & McCauley, Robert N., 2013. "Is China or India more financially open?," Journal of International Money and Finance, Elsevier, vol. 39(C), pages 6-27.
    34. Liudmila Malyshava, 2018. "External Instability in Transition: Applying Minsky's Theory of Financial Fragility to International Markets," Economics Working Paper Archive wp_909, Levy Economics Institute.
    35. Loipersberger, Florian & Matschke, Johannes, 2022. "Financial cycles and domestic policy choices," European Economic Review, Elsevier, vol. 143(C).
    36. Jinjarak, Yothin & Noy, Ilan & Zheng, Huanhuan, 2013. "What Lessons Can Asia Draw from Capital Controls in Brazil during 2008–2012?," ADBI Working Papers 423, Asian Development Bank Institute.
    37. Chin-Yoong Wong & Yoke-Kee Eng, 2015. "Surviving Asymmetry in Capital Flows and the Business Cycles: The Role of Prudential Capital Controls," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 545-563, August.

  20. Atish Ghosh & Manuela Goretti & Bikas Joshi & Alun Thomas & Juan Zalduendo, 2008. "Modeling Aggregate Use of IMF Resources—Analytical Approaches and Medium-Term Projections," IMF Staff Papers, Palgrave Macmillan, vol. 55(1), pages 1-49, April.

    Cited by:

    1. Yasemin Bal Gündüz, 2009. "Estimating Demand for IMF Financing by Low-Income Countries in Response to Shocks," IMF Working Papers 2009/263, International Monetary Fund.
    2. ., 2016. "Introduction and overview: the purposes and operations of the IMF," Chapters, in: The International Monetary Fund, chapter 1, pages 1-18, Edward Elgar Publishing.
    3. Martin Iseringhausen & Ms. Mwanza Nkusu & Wellian Wiranto, 2019. "Repeated Use of IMF-Supported Programs: Determinants and Forecasting," IMF Working Papers 2019/245, International Monetary Fund.
    4. Stephen C. Nelson & Geoffrey P. R. Wallace, 2017. "Are IMF lending programs good or bad for democracy?," The Review of International Organizations, Springer, vol. 12(4), pages 523-558, December.
    5. Andrea Filippo Presbitero & Alberto Zazzaro, 2010. "The Global Crisis in Low- and Middle-Income Countries: How the IMF Responded," Mo.Fi.R. Working Papers 35, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    6. Graham Bird & Dane Rowlands, 2010. "The Episodic and Unpredictable Nature of IMF Lending: An Empirical Analysis," The World Economy, Wiley Blackwell, vol. 33(10), pages 1280-1301, October.
    7. Presbitero, Andrea F. & Zazzaro, Alberto, 2012. "IMF Lending in Times of Crisis: Political Influences and Crisis Prevention," World Development, Elsevier, vol. 40(10), pages 1944-1969.
    8. Mr. Eugenio M Cerutti, 2007. "IMF Drawing Programs: Participation Determinants and Forecasting," IMF Working Papers 2007/152, International Monetary Fund.
    9. Sonsoles Gallego & Pilar L´Hotellerie-Fallois & Fernando López-Vicente, 2018. "The International Monetary Fund and its Role as a Guarantor of Global Financial Stability," Economic Bulletin, Banco de España, issue DEC.
    10. Andrea F. Presbitero & Alberto Zazzaro, 2010. "IMF Lending in Low- and Middle-Income Countries in the Wake of the Global Crisis," Development Working Papers 305, Centro Studi Luca d'Agliano, University of Milano.

  21. Swati R. Ghosh & Atish R. Ghosh, 2003. "Structural Vulnerabilities and Currency Crises," IMF Staff Papers, Palgrave Macmillan, vol. 50(3), pages 1-7.
    See citations under working paper version above.
  22. Ghosh, Atish R., 2002. "Central bank secrecy in the foreign exchange market," European Economic Review, Elsevier, vol. 46(2), pages 253-272, February.

    Cited by:

    1. 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.
    2. Hadj Fraj, Salma & bouchoucha, Najeh & Maktouf, Samir, 2020. "Political stability and economic growth: the role of exchange rate regime," MPRA Paper 104586, University Library of Munich, Germany.
    3. Lee, Hsiu-Yun, 2011. "Nonlinear exchange rate dynamics under stochastic official intervention," Economic Modelling, Elsevier, vol. 28(4), pages 1510-1518, July.
    4. Kathryn M.E. Dominguez & Rasmus Fatum & Pavel Vacek, 2013. "Do Sales of Foreign Exchange Reserves Lead to Currency Appreciation?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(5), pages 867-890, August.
    5. Ashima Goyal, 2006. "Incentives from exchange rate regimes in an institutional context," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2006-015r, Indira Gandhi Institute of Development Research, Mumbai, India.
    6. Hadj Fraj, Salma & Hamdaoui, Mekki & Maktouf, Samir, 2018. "Governance and economic growth: The role of the exchange rate regime," International Economics, Elsevier, vol. 156(C), pages 326-364.
    7. Lee, Hsiu-Yun & Lai, Hung-Pin, 2011. "A structural threshold model of the exchange rate under optimal intervention," Journal of International Money and Finance, Elsevier, vol. 30(6), pages 931-946, October.
    8. Fatum, Rasmus & Pedersen, Jesper & Sørensen, Peter Norman, 2013. "The intraday effects of central bank intervention on exchange rate spreads," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 103-117.

  23. Boorman, Jack & Lane, Timothy & Schulze-Ghattas, Marianne & Bulir, Ales & Ghosh, Atish R. & Hamann, Javier & Mourmouras, Alex & Phillips, Steven, 2000. "Managing financial crises: the experience in East Asia," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 1-67, December.
    See citations under working paper version above.
  24. Atish R. Ghosh & Anne-Marie Gulde & Holger C. Wolf, 2000. "Currency boards: More than a quick fix?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(31), pages 270-335.

    Cited by:

    1. Chen Yu-Fu & Funke Michael & Glanemann Nicole, 2013. "Off-the-record target zones: theory with an application to Hong Kong’s currency board," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 17(4), pages 373-393, September.
    2. Frankel, Jeffrey, 2003. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies," Working Paper Series rwp03-011, Harvard University, John F. Kennedy School of Government.
    3. Willem H. Buiter & Clemens Grafe, 2002. "Anchor, float or abandon ship: exchange rate regimes for the accession countries," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 55(221), pages 111-142.
    4. Nabil Jedlane, 2006. "Unification monétaire et Caisses d'émission au Maghreb," Post-Print halshs-00311911, HAL.
    5. Agnès Bénassy-Quéré & Benoit Coeuré, 2002. "The Survival of Intermediate Exchange Rate Regimes," Working Papers 2002-07, CEPII research center.
    6. Aaron Jackson & William Miles, 2008. "Fixed Exchange Rates and Disinflation in Emerging Markets: How Large Is the Effect?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 144(3), pages 538-557, October.
    7. Jeffrey Frankel, 2019. "Systematic Managed Floating," Open Economies Review, Springer, vol. 30(2), pages 255-295, April.
    8. Jeffrey Frankel & Daniel Xie, 2010. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes," American Economic Review, American Economic Association, vol. 100(2), pages 568-572, May.
    9. Aloy M. & Moreno B. & Nancy G., 2010. "Does Fiscal Policy Matter in a Currency Board Regime? The Case of Argentina," EcoMod2003 330700005, EcoMod.
    10. Nenovsky Nikolay & Hristov Kalin & Mihaylov Mihail, 2001. "Comparing Currency Board Automatic Mechanism in Bulgaria, Estonia and Lithuania," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 11(4), pages 1-44, December.
    11. Gylfason, Thorvaldur & Hochreiter, Eduard, 2009. "Growing apart? A tale of two republics: Estonia and Georgia," European Journal of Political Economy, Elsevier, vol. 25(3), pages 355-370, September.
    12. Sophie Chauvin, 2001. "Exit Options for Argentina with a Special Focus on Their Impact on External Trade," Working Papers 2001-07, CEPII research center.
    13. Julius Agbor Agbor, 2013. "The Future of the CEMAC CFA FRANC," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 1(1), pages 1-17.
    14. Jeffrey A. Frankel, 2010. "Monetary Policy in Emerging Markets: A Survey," NBER Working Papers 16125, National Bureau of Economic Research, Inc.
    15. KAFANDO, Namalguebzanga, 2014. "L'industrialisation de l'Afrique: l'importance des facteurs structurels et du régime de change [The industrialization of Africa: the importance of structural factors and exchange rate regime]," MPRA Paper 68736, University Library of Munich, Germany.
    16. Marc Pourroy, 2013. "Inflation-Targeting and Foreign Exchange Interventions in Emerging Economies," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881359, HAL.
    17. Novak Kondić & Borivoje D. Krušković, 2013. "Unemployment Gap in the Currency Board Regime," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 2(3), pages 71-84.
    18. Wei, Shang-Jin & Huang, Haizhou, 2005. "Monetary Policies for Developing Countries: The Role of Institutional Quality," CEPR Discussion Papers 4911, C.E.P.R. Discussion Papers.
    19. Stanley Fischer, 2001. "Exchange Rate Regimes: Is the Bipolar View Correct?," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 3-24, Spring.
    20. Slavov, Slavi T., 2009. "Do common currencies facilitate the net flow of capital among countries?," The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 124-144, August.
    21. Zheng-Hao Lai & Jyh-Lin Wu, 2023. "Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles," Open Economies Review, Springer, vol. 34(4), pages 813-830, September.
    22. Edwards, Sebastian, 2001. "Dollarization: Myths and realities," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 249-265, April.
    23. Eduardo Levy Yeyati, 2006. "Exchange Rate Regimes in the 2000s: A Latin American Perspective," Business School Working Papers exchangerate, Universidad Torcuato Di Tella.
    24. Wyplosz, Charles, 2001. "Exchange Rate Regimes: Some Lessons from Postwar Europe," CEPR Discussion Papers 2723, C.E.P.R. Discussion Papers.
    25. 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.
    26. Krause, Stefan & Méndez, Fabio, 2008. "Institutions, arrangements and preferences for inflation stability: Evidence and lessons from a panel data analysis," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 282-307, March.
    27. Assaf Razin & Yona Rubinstein, 2004. "Growth Effects of the Exchange-Rate Regime and the Capital-Account Openness in A Crisis-Prone World Market: A Nuanced View," NBER Working Papers 10555, National Bureau of Economic Research, Inc.
    28. Jeffrey A. Frankel & Yao Hou & Danxia Xie, 2024. "Estimation of Nonlinear Exchange Rate Dynamics in Evolving Regimes," NBER Working Papers 32644, National Bureau of Economic Research, Inc.
    29. Thorvaldur Gylfason & Eduard Hochreiter, 2011. "Growing Together: Croatia and Latvia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 53(2), pages 165-197, June.
    30. Artus P., 2001. "What Exchange - Rate System For Emerging Countries?," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 27-60, January -.
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    138. Indrani Chakraborty, 2007. "Economic Reforms, Capital Inflows and Macro Economic Impact in India," Working Papers id:1064, eSocialSciences.
    139. Tahir Mukhtar & Aliya H. Khan, 2016. "The Current Account Deficit Sustainability: An Empirical Investigation for Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 55(4), pages 397-419.
    140. Kim, Kunhong & Hall, Viv B. & Buckle, Robert A., 2006. "Consumption-smoothing in a small, cyclically volatile open economy: Evidence from New Zealand," Journal of International Money and Finance, Elsevier, vol. 25(8), pages 1277-1295, December.
    141. Engsted, Tom, 1998. "Money Demand During Hyperinflation: Cointegration, Rational Expectations, and the Importance of Money Demand Shocks," Journal of Macroeconomics, Elsevier, vol. 20(3), pages 533-552, July.

  30. Ghosh, Atish R, 1995. "Intertemporal Tax-Smoothing and the Government Budget Surplus: Canada and the United States," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(4), pages 1033-1045, November.

    Cited by:

    1. Luo, Yulei & Nie, Jun & Young, Eric, 2014. "Model Uncertainty and Intertemporal Tax Smoothing," MPRA Paper 54268, University Library of Munich, Germany.
    2. Mr. Julio Escolano & Vitor Gaspar, 2016. "Optimal Debt Policy Under Asymmetric Risk," IMF Working Papers 2016/178, International Monetary Fund.
    3. Fisher, Lance A. & Kingston, Geoffrey H., 2004. "Theory of tax smoothing in the small open economy," Economics Letters, Elsevier, vol. 85(1), pages 1-7, October.
    4. John T. Cuddington, 1997. "Analysing the Sustainability of Fiscal Deficits in Developing Countries," International Finance 9706001, University Library of Munich, Germany.
    5. Pierre-Yves Hénin, 1997. "Soutenabilité des déficits et ajustements budgétaires," Revue Économique, Programme National Persée, vol. 48(3), pages 371-395.
    6. Cashin, P. & Haque, N. & Olekalns, N., 1999. "Spend Now, Pay Later? Tax Smoothing & Fiscal Sustainability in South Asia," Department of Economics - Working Papers Series 700, The University of Melbourne.
    7. Abeysinghe, Tilak & Jayawickrama, Ananda, 2008. "Singapore's recurrent budget surplus: The role of conservative growth forecasts," Journal of Asian Economics, Elsevier, vol. 19(2), pages 117-124, April.
    8. Tilak Abeysinghe & Gulasekaran Rajaguru, 2004. "Temporal aggregation, causality distortions and a sign rule," Econometric Society 2004 Australasian Meetings 73, Econometric Society.
    9. Glenn Otto, 2003. "Can an Intertemporal Model Explain Australia's Current Account Deficit?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(3), pages 350-359, September.
    10. Yulei Luo & Jun Nie & Eric Young, 2012. "Model uncertainty, state uncertainty, and state-space models," Research Working Paper RWP 12-02, Federal Reserve Bank of Kansas City.
    11. Gogas, Periklis & Serletis, Apostolos, 2005. "The revenue smoothing hypothesis in an ARIMA Framework: Evidence from the United States, in Claude Diebolt, Catherine Kyrtsou et al. (eds.), New Trends in Macroeconomics," MPRA Paper 1464, University Library of Munich, Germany.
    12. Dimitris K. Christopoulos & John Loizides & Efthymios G. Tsionas, 2009. "Electoral Motives, Partisan Motives And Dynamic Optimality With Many Taxes: An International Investigation," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(1), pages 94-113, February.
    13. Salih BARIŞIK & Abdullah BARIS, 2017. "Impact of governance on budget deficit in developing countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(611), S), pages 111-130, Summer.
    14. Gerhard Reitschuler, 2010. "Fiscal Policy And Optimal Taxation: Evidence From A Tax Smoothing Exercise," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(2), pages 238-252, May.
    15. Emilio Congregado & Vicente Esteve & Juan A. María A. Prats, 2024. "Optimal public deficit and tax-smoothing in the Spanish economy, 1850-2022," Working Papers 2401, Department of Applied Economics II, Universidad de Valencia.
    16. Johan Adler, 2006. "The Tax‐smoothing Hypothesis: Evidence from Sweden, 1952–1999," Scandinavian Journal of Economics, Wiley Blackwell, vol. 108(1), pages 81-95, March.
    17. Ozili, Peterson, 2018. "Tax Evasion and Financial Instability," MPRA Paper 88430, University Library of Munich, Germany.
    18. Ihtsham Padda, 2014. "On minimizing the welfare cost of fiscal policy: evidence from South Asia," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(3), pages 1553-1572, May.
    19. R. Pasten & J. P. Cover, 2011. "Does the Chilean government smooth taxes? A tax-smoothing model with revenue collection from a natural resource," Applied Economics Letters, Taylor & Francis Journals, vol. 18(5), pages 421-425.
    20. Adler, Johan, 2003. "Has Sweden’s government budget policy been too discretionary? Evidence from a generalization of the tax smoothing hypothesis," Working Papers in Economics 89, University of Gothenburg, Department of Economics.
    21. Roberto Pasten & James P. Cover, 2010. "The Political Economy of Unsustainable Fiscal Deficits," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 47(136), pages 169-189.
    22. Constantine Angyridis & Leo Michelis, 2021. "Structural breaks, debt limits and the tax smoothing hypothesis: theory and evidence from the OECD countries," Empirical Economics, Springer, vol. 60(3), pages 1283-1307, March.
    23. Panizza, Ugo & Fatás, Antonio & Ghosh, Atish R. & ,, 2019. "The Motives to Borrow," CEPR Discussion Papers 13735, C.E.P.R. Discussion Papers.
    24. Hafiz Akhand, 1998. "Marginal tax rate and the optimal collection of seigniorage," Applied Economics Letters, Taylor & Francis Journals, vol. 5(12), pages 797-800.
    25. Samia OMRANE BELGUITH & Foued Badr GABSI & Ameni MTIBAA, 2018. "Tax smoothing hypothesis: The Tunisian case," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(617), W), pages 169-178, Winter.
    26. Maria Comachione Kula, 2004. "U.S. States, the Medicaid Program, and Tax Smoothing," Southern Economic Journal, John Wiley & Sons, vol. 70(3), pages 490-511, January.
    27. Kiley, Michael T., 1998. "Predicting Tax Rate Changes: Insights from the Permanent Income Hypothesis," Journal of Macroeconomics, Elsevier, vol. 20(1), pages 153-167, January.
    28. Ananda Jayawickrama & Tilak Abeysinghe, 2013. "The experience of some OECD economies on tax smoothing," Applied Economics, Taylor & Francis Journals, vol. 45(16), pages 2305-2313, June.
    29. Pastén, Roberto & Cover, James P., 2015. "Tax tilting and politics: Some theory and evidence for Latin America," Journal of Macroeconomics, Elsevier, vol. 44(C), pages 208-218.
    30. Cashin, Paul & Ul Haque, Nadeem & Olekalns, Nilss, 2003. "Tax smoothing, tax tilting and fiscal sustainability in Pakistan," Economic Modelling, Elsevier, vol. 20(1), pages 47-67, January.
    31. Kurniawan, Rudi, 2011. "Tax Smoothing: Tests on Indonesian Data," MPRA Paper 65884, University Library of Munich, Germany.
    32. Ihtsham ul Haq PADDA*, 2010. "On Minimizing the Welfare Cost of Fiscal Policy:Pakistan’s Case," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 20, pages 77-99.
    33. Boris I. Alekhin, 2020. "Tax Smoothing in Russia," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 9-24, April.
    34. Engsted, Tom, 1998. "Money Demand During Hyperinflation: Cointegration, Rational Expectations, and the Importance of Money Demand Shocks," Journal of Macroeconomics, Elsevier, vol. 20(3), pages 533-552, July.

  31. Atish R. Ghosh & Jonathan D. Ostry, 1994. "Export Instability and the External Balance in Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 41(2), pages 214-235, June.
    See citations under working paper version above.
  32. Ghosh, Atish R., 1992. "Fiscal policy, the terms of trade, and the external balance," Journal of International Economics, Elsevier, vol. 33(1-2), pages 105-125, August.

    Cited by:

    1. Bednar-Friedl, Birgit & Farmer, Karl, 2010. "External balance, dynamic efficiency, and the welfare effects of unilateral and multilateral permit policies in interdependent economies," Economic Modelling, Elsevier, vol. 27(5), pages 980-990, September.
    2. Birgit Bednar-Friedl & Karl Farmer, 2009. "Internationally Coordinated Emission Permit Policies: An Option for Withdrawers from the Kyoto Protocol?," CESifo Working Paper Series 2764, CESifo.
    3. Javier Coto-Martínez & Huw D. Dixon, 2001. "Profits, Markups and Entry: Fiscal Policy in an Open Economy," CESifo Working Paper Series 550, CESifo.
    4. Sugata Ghosh & Iannis A. Mourmouras & Sarmistha Pal & Ivan Paya, 2003. "On Public Investment, the Real Exchange Rate and Growth: Some Empirical Evidence from the UK and the USA," Manchester School, University of Manchester, vol. 71(3), pages 242-264, June.
    5. Davis, George K. & Miller, Norman C., 1996. "Exchange rate mean reversion from real shocks within an intertemporal equilibrium model," Journal of International Money and Finance, Elsevier, vol. 15(6), pages 947-967, December.
    6. Ono, Y., 2001. "International Spillover of Economic Fluctuations:A Dynamic Optimization Approach," ISER Discussion Paper 0527, Institute of Social and Economic Research, Osaka University.
    7. Willenbockel, Dirk, 1999. "Dynamic applied general equilibrium trade policy analysis in the presence of foreign asset cross-ownership," Economic Modelling, Elsevier, vol. 16(3), pages 371-388, August.
    8. Javier Coto-Martinez & Huw Dixon, "undated". "Fiscal Policy in an Imperfectly Competitive Dynamic Small Open Economy," Discussion Papers 99/19, Department of Economics, University of York.
    9. Birgit Bednar-Friedl & Karl Farmer & Andreas Rainer, 2010. "Effects of Unilateral Climate Policy on Terms of Trade, Capital Accumulation, and Welfare in a World Economy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(4), pages 495-520, December.
    10. Kangoh Lee, 2005. "Absentee Ownership of Immobile Factors and Environmental Policies in a Federation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 32(3), pages 407-417, November.

  33. Ghosh, Atish R., 1992. "Is it signalling? Exchange intervention and the dollar-Deutschemark rate," Journal of International Economics, Elsevier, vol. 32(3-4), pages 201-220, May.
    See citations under working paper version above.
  34. Ghosh, Atish R., 1991. "Strategic aspects of public finance in a world with high capital mobility," Journal of International Economics, Elsevier, vol. 30(3-4), pages 229-247, May.
    See citations under working paper version above.
  35. Ghosh, Atish R. & Ghosh, Swati R., 1991. "Does model uncertainty really preclude international policy coordination?," Journal of International Economics, Elsevier, vol. 31(3-4), pages 325-340, November.
    See citations under working paper version above.
  36. Ghosh, Atish R & Masson, Paul R, 1991. "Model Uncertainty, Learning, and the Gains from Coordination," American Economic Review, American Economic Association, vol. 81(3), pages 465-479, June.

    Cited by:

    1. Ostry, Jonathan D. & Ghosh, Atish R., 2016. "On the obstacles to international policy coordination," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 25-40.
    2. Michael Finus & P Pintassilgo, 2012. "The Role of Uncertainty and Learning for the Success of International Climate Agreements," Department of Economics Working Papers 5/12, University of Bath, Department of Economics.
    3. Bennett T. McCallum & Edward Nelson, "undated". "An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis," GSIA Working Papers 1997-71, Carnegie Mellon University, Tepper School of Business.
    4. Hallett, A. J. Hughes, 1995. "Policy bargains and the problem of model selection," Journal of Economic Dynamics and Control, Elsevier, vol. 19(5-7), pages 941-959.
    5. Roel Beetsma & Xavier Debrun & Frank Klaassen, 2001. "Is Fiscal Policy Coordination in EMU Desirable?," CESifo Working Paper Series 599, CESifo.
    6. Thomas Willett, 1999. "Developments in the Political Economy of Policy Coordination," Open Economies Review, Springer, vol. 10(2), pages 221-253, May.
    7. Dean Corbae & Christopher J. Neely & Paul A. Weller, 1998. "Endogenous realignments and the sustainability of a target," Working Papers 1994-009, Federal Reserve Bank of St. Louis.
    8. Ha, Yuong, 1999. "Uncertainty about Length of the Monetary Policy Transmission Lag: Implications for Monetary Policy," Working Paper Series 94, Sveriges Riksbank (Central Bank of Sweden).
    9. Swank, Otto H., 1998. "Towards an economic theory of party ideology," European Journal of Political Economy, Elsevier, vol. 14(2), pages 223-240, May.
    10. David Alan Aschauer, 1997. "Skiki vono ko shtuvalo? The Seignorage Loss from Monetary Stabilization in Ukraine," Macroeconomics 9712005, University Library of Munich, Germany.
    11. Joseph Daniels & David VanHoose, 1998. "Two-Country Models of Monetary and Fiscal Policy: What Have We Learned? What More Can We Learn?," Open Economies Review, Springer, vol. 9(3), pages 265-284, July.
    12. William Chen & Gregory Phelan, 2020. "International Coordination of Macroprudential Policies with Capital Flows and Financial Asymmetries," Department of Economics Working Papers 2020-05, Department of Economics, Williams College.
    13. Douven, Rudy & Peeters, Marga, 1998. "GDP-spillovers in multi-country models," Economic Modelling, Elsevier, vol. 15(2), pages 163-195, April.
    14. Guender, Alfred V. & Tam, Julie, 2004. "On the performance of nominal income targeting as a strategy for monetary policy in a small open economy," Journal of International Money and Finance, Elsevier, vol. 23(2), pages 143-163, March.
    15. Tan, Kang Yong & Tanaka, Misa, 2008. "International monetary co-operation in a world of imperfect information," Bank of England working papers 344, Bank of England.
    16. Paul Conway, 2000. "Monetary policy in an uncertain world," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 63, September.
    17. Martin Ellison & Lucio Sarno & Jouko Vilmunen, 2006. "Caution or Activism? Monetary Policy Strategies in an Open Economy," Computing in Economics and Finance 2006 214, Society for Computational Economics.
    18. Ghosh, Atish R., 2002. "Central bank secrecy in the foreign exchange market," European Economic Review, Elsevier, vol. 46(2), pages 253-272, February.
    19. Bertocchi, Graziella & Spagat, Michael, 1997. "Structural uncertainty and subsidy removal for economies in transition," European Economic Review, Elsevier, vol. 41(9), pages 1709-1733, December.
    20. Peter Mooslechner & Martin Schuerz, 1999. "International Macroeconomic Policy Coordination: Any Lessons for EMU? A Selective Survey of the Literature," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(3), pages 171-199, September.

  37. Eduardo Borensztein & Atish Rex Ghosh, 1989. "Foreign Borrowing and Export Promotion Policies," IMF Staff Papers, Palgrave Macmillan, vol. 36(4), pages 904-933, December.

    Cited by:

    1. Smita Nath, 2013. "Free Trade Zones and Outstanding Debt," Foreign Trade Review, , vol. 48(2), pages 203-218, May.
    2. Junko Koeda, 2008. "A Debt Overhang Model for Low-Income Countries," IMF Staff Papers, Palgrave Macmillan, vol. 55(4), pages 654-678, December.
    3. Ms. Junko Koeda, 2006. "A Debt Overhang Model for Low-Income Countries: Implications for Debt Relief," IMF Working Papers 2006/224, International Monetary Fund.
    4. Joshua Aizenman & Eduardo R. Borensztein, 1989. "Strategic Investment in a Debt Bargaining Framework," NBER Working Papers 3019, National Bureau of Economic Research, Inc.

  38. Atish R. Ghosh & Paul R. Masson, 1988. "International Policy Coordination in a World with Model Uncertainty," IMF Staff Papers, Palgrave Macmillan, vol. 35(2), pages 230-258, June.

    Cited by:

    1. Jacob A. Frenkel & Morris Goldstein, 1989. "Exchange Rate Volatility and Misalignment: Evaluating Some Proposals for Reform," NBER Working Papers 2894, National Bureau of Economic Research, Inc.
    2. Ostry, Jonathan D. & Ghosh, Atish R., 2016. "On the obstacles to international policy coordination," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 25-40.
    3. Frankel, Jeffrey, 2016. "International Coordination," Working Paper Series 16-002, Harvard University, John F. Kennedy School of Government.
    4. Jacob Frenkel & Morris Goldstein & Paul Masson, 1990. "The Rationale for, and Effects of, International Economic Policy Coordination," NBER Chapters, in: International Policy Coordination and Exchange Rate Fluctuations, pages 9-62, National Bureau of Economic Research, Inc.
    5. Ha, Yuong, 1999. "Uncertainty about Length of the Monetary Policy Transmission Lag: Implications for Monetary Policy," Working Paper Series 94, Sveriges Riksbank (Central Bank of Sweden).
    6. Jeffrey A. Frankel, 1990. "Obstacles to Coordination, and a Consideration of Two Proposals to Overcome Them: International Nominal Targeting (INT) and the Hosomi Fund," NBER Chapters, in: International Policy Coordination and Exchange Rate Fluctuations, pages 109-158, National Bureau of Economic Research, Inc.
    7. Matthew B. Canzoneri & Hali J. Edison, 1989. "A new interpretation of the coordination problem and its empirical significance," International Finance Discussion Papers 340, Board of Governors of the Federal Reserve System (U.S.).
    8. Nyahoho, Emmanuel, 1995. "La concurrence de monnaies dans un marché financier dématérialisé," L'Actualité Economique, Société Canadienne de Science Economique, vol. 71(3), pages 334-364, septembre.
    9. Jeffrey Frankel & Scott Erwin & Katharine Rockett, 1991. "A Note on Internationally Coordinated Policy Packages Intended to be Robust Under Model Uncertainty," NBER Working Papers 3747, National Bureau of Economic Research, Inc.

  39. Ghosh, Atish R., 1986. "International policy coordination in an uncertain world," Economics Letters, Elsevier, vol. 21(3), pages 271-276.

    Cited by:

    1. Warwick J. McKibbin, 1987. "The Economics of International Policy Coordination," RBA Research Discussion Papers rdp8705, Reserve Bank of Australia.
    2. Yiyong Cai & Warwick J. McKibbin, 2013. "Uncertainty and International Climate Change Negotiations," CAMA Working Papers 2013-13, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

Chapters

  1. Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon, 2015. "Sterilized Foreign Exchange Interventions under Inflation Targeting," Central Banking, Analysis, and Economic Policies Book Series, in: Claudio Raddatz & Diego Saravia & Jaume Ventura (ed.),Global Liquidity, Spillovers to Emerging Markets and Policy Responses, edition 1, volume 20, chapter 7, pages 223-244, Central Bank of Chile.

    Cited by:

    1. Claudio Raddatz & Diego Saravia & Jaume Ventura, 2015. "Global Liquidity, Spillovers to Emerging Markets and Policy Responses: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Claudio Raddatz & Diego Saravia & Jaume Ventura (ed.),Global Liquidity, Spillovers to Emerging Markets and Policy Responses, edition 1, volume 20, chapter 1, pages 001-011, Central Bank of Chile.

  2. Marcos Chamon & Atish Ghosh & Jun Il Kim, 2012. "Are All Emerging Market Crises Alike?," Chapters, in: Maurice Obstfeld & Dongchul Cho & Andrew Mason (ed.), Global Economic Crisis, chapter 10, Edward Elgar Publishing.

    Cited by:

    1. 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.

  3. Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon & Mahvash S. Qureshi, 2011. "Tools for Managing Financial-Stability Risks from Capital Inflows," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
    See citations under working paper version above.

Books

  1. 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.

    Cited by:

    1. Jeffrey Frankel, 2019. "Systematic Managed Floating," Open Economies Review, Springer, vol. 30(2), pages 255-295, April.
    2. Fornaro, Luca, 2019. "Monetary Union and Financial Integration," CEPR Discussion Papers 14216, C.E.P.R. Discussion Papers.
    3. Akhilesh K. Verma & Rajeswari Sengupta, 2021. "Interlinkages between external debt financing, credit cycles and output fluctuations in emerging market economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(4), pages 965-1001, November.
    4. Mauricio Villamizar-Villegas & Lucía Arango-Lozano & Geraldine Castelblanco & Nicolás Fajardo-Baquero & Maria A. Ruiz-Sanchez, 2022. "The effects of Monetary Policy on Capital Flows A Meta-Analysis," Borradores de Economia 1204, Banco de la Republica de Colombia.
    5. Linda S. Goldberg & Signe Krogstrup, 2023. "International Capital Flow Pressures and Global Factors," Staff Reports 1051, Federal Reserve Bank of New York.
    6. Boris Hofmann & Hyun Song Shin & Mauricio Villamizar-Villegas, 2019. "FX intervention and domestic credit: evidence from high-frequency micro data," Borradores de Economia 1069, Banco de la Republica de Colombia.
    7. Juan Sebastian Cubillos-Rocha & Luis Fernando Melo-Velandia & María José Roa-García & Juliana Gamboa-Arbeláez & Sara Restrepo-Tamayo & Mauricio Villamizar-Villegas, 2018. "Effects of Interest Rate Caps on Financial Inclusion," Borradores de Economia 1060, Banco de la Republica de Colombia.
    8. McCully, Tuuli, 2023. "Drivers of portfolio flows into Chinese debt securities amidst China's bond market development," BOFIT Discussion Papers 8/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    9. Mr. Diego A. Cerdeiro & Andras Komaromi, 2019. "Financial Openness and Capital Inflows to Emerging Markets: In Search of Robust Evidence," IMF Working Papers 2019/194, International Monetary Fund.
    10. Luca Fornaro, 2019. "A Theory of Monetary Union and Financial Integration," Working Papers 1138, Barcelona School of Economics.
    11. Fabiani, Josefina & Fidora, Michael & Setzer, Ralph & Westphal, Andreas & Zorell, Nico, 2021. "Sudden stops and asset purchase programmes in the euro area," Working Paper Series 2597, European Central Bank.
    12. Alex Carrasco & David Florian Hoyle & Rafael Nivin, 2019. "SFX Interventions, Financial Intermediation, and External Shocks in Emerging Economies," Working Papers 160, Peruvian Economic Association.
    13. Carlos Viñuela & Juan Sapena & Gonzalo Wandosell, 2020. "The Future of Money and the Central Bank Digital Currency Dilemma," Sustainability, MDPI, vol. 12(22), pages 1-22, November.
    14. Herrala, Risto, 2020. "Capital controls in an integrated world: A review of recent developments, policies and the academic debate," BOFIT Policy Briefs 9/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    15. Jon Frost & Hiro Ito & René van Stralen, 2020. "The effectiveness of macroprudential policies and capital controls against volatile capital inflows," Working Papers 686, DNB.
    16. Ashima Goyal & Rajeswari Sengupta & Akhilesh Verma, 2019. "External debt financing and macroeconomic instability in emerging market economies," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-013, Indira Gandhi Institute of Development Research, Mumbai, India.
    17. Mahraddika, Wishnu, 2020. "Real exchange rate misalignments in developing countries: The role of exchange rate flexibility and capital account openness," International Economics, Elsevier, vol. 163(C), pages 1-24.
    18. Lucía Arango-Lozano & Lukas Menkhoff & Daniela Rodríguez-Novoa & Mauricio Villamizar-Villegas, 2020. "The Effectiveness of FX Interventions: A Meta-Analysis," Discussion Papers of DIW Berlin 1895, DIW Berlin, German Institute for Economic Research.
    19. Ceron, Marcos & Nivin, Rafael & Yamunaque, Diego, 2023. "FX intervention and domestic credit in a partially dollarized economy: Evidence using microdata from Peru," Working Papers 2023-009, Banco Central de Reserva del Perú.
    20. Wishnu Mahraddika, 2021. "How effective is capital flow management? The Indonesian experience," Departmental Working Papers 2021-15, The Australian National University, Arndt-Corden Department of Economics.
    21. Miguel Acosta-Henao & Laura Alfaro & Andrés Fernández, 2020. "Sticky Capital Controls," NBER Working Papers 26997, National Bureau of Economic Research, Inc.
    22. Nikhil Patel & Paolo Cavllino, 2019. "FX intervention: goals, strategies and tactics," BIS Papers chapters, in: Bank for International Settlements (ed.), Reserve management and FX intervention, volume 104, pages 25-44, Bank for International Settlements.

  2. Jonathan D. Ostry & Atish R. Ghosh & Mahvash S. Qureshi (ed.), 2015. "Capital Controls," Books, Edward Elgar Publishing, number 15999.

    Cited by:

    1. Ghosh, Atish R. & Qureshi, Mahvash S., 2016. "Capital Inflow Surges and Consequences," ADBI Working Papers 585, Asian Development Bank Institute.

  3. Holger C. Wolf & Atish R. Ghosh & Helge Berger & Anne-Marie Gulde, 2008. "Currency Boards in Retrospect and Prospect," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262232650, April.

    Cited by:

    1. Knobel, Alexander (Кнобель, Александр) & Chentsov, Alexander (Ченцов, Александр), 2018. "The Impact of Exchange Rates and Their Volatility on Russia's Foreign Trade, Taking into Account its Membership in EAEU [Влияние Обменных Курсов И Их Волатильности На Внешнюю Торговлю России С Учет," Working Papers 061824, Russian Presidential Academy of National Economy and Public Administration.
    2. Aman, Moustapha & Nenovsky, Nikolay, 2014. "Géopolitique du régime monétaire. Expliquer la longévité du Currency Board de Djibouti [Geopolitics of Monetaray Regime. Expaning the longevity of Currency Board in Djibouti]," MPRA Paper 80089, University Library of Munich, Germany, revised 2016.
    3. Bernd Hayo & Matthias Neuenkirch, 2008. "Does the Currency Board Matter? U.S. News and Argentine Financial Market Reaction," MAGKS Papers on Economics 200823, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    4. Damir Šehović, 2013. "General Aspects of Monetary and Fiscal Policy Coordination," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 2(3), pages 5-27.
    5. David Cobham, 2024. "Monetary policy frameworks since Bretton Woods, across the world and its regions," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 160(3), pages 873-903, August.
    6. Aman, Moustapha & Nenovsky, Nikolay, 2015. "Stabilité du Currency Board et fuite des capitaux. Modèle théorique et application empirique au cas de Djibouti [Currency Board stability and capital flight. Theoretical model and empirical applica," MPRA Paper 93540, University Library of Munich, Germany, revised 2018.
    7. Naness, Rachmiel Joseph, 2017. "An Analysis of the Performance of Currency Boards," Studies in Applied Economics 70, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    8. Gedeon Shirley, 2010. "The Political Economy of Currency Boards: Case of Bosnia and Herzegovina," South East European Journal of Economics and Business, Sciendo, vol. 5(2), pages 7-20, November.
    9. Laaser, Claus-Friedrich & Reiljan, Janno & Schrader, Klaus, 2015. "Some empirical findings on the structural development of the Estonian economy," Kiel Working Papers 1998, Kiel Institute for the World Economy (IfW Kiel).
    10. Dorota Zuchowska, 2015. "Accession To The Eurozone As Lithuania’S Exit Strategy From The Currency Board System," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 10(3), pages 27-43, September.
    11. Ismeal Mahamoud & Houmed Mohamed & Jean-François Ponsot, 2014. "Gouvernance, éthique du policy maker et dynamiques macroéconomiques en régime de Currency Board : le cas de Djibouti," Post-Print halshs-01284797, HAL.
    12. Krus, Nicholas, 2012. "The Money Supply in Currency Boards," Studies in Applied Economics 3, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
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