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A Model of Safe Asset Determination
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Cited by:
- Ryan Chahrour & Rosen Valchev, 2024.
"The Dollar in an Era of International Retrenchment,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 72(3), pages 1042-1080, September.
- Ryan Chahrour & Rosen Valchev, 2023. "The Dollar in an Era of International Retrenchment," NBER Working Papers 31405, National Bureau of Economic Research, Inc.
- Zhengyang Jiang, 2024. "Exorbitant Privilege: A Safe-Asset View," CESifo Working Paper Series 11279, CESifo.
- Mr. Tobias Adrian & Peichu Xie, 2020.
"The Non-U.S. Bank Demand for U.S. Dollar Assets,"
IMF Working Papers
2020/101, International Monetary Fund.
- Adrian, Tobias & Xie, Peichu, 2020. "The Non-U.S. Bank Demand for U.S. Dollar Assets," CEPR Discussion Papers 14437, C.E.P.R. Discussion Papers.
- Benedikt Ballensiefen & Angelo Ranaldo, 2023.
"Safe Asset Carry Trade,"
The Review of Asset Pricing Studies, Society for Financial Studies, vol. 13(2), pages 223-265.
- Benedikt Ballensiefen & Angelo Ranaldo, 2019. "Safe Asset Carry Trade," Working Papers on Finance 1909, University of St. Gallen, School of Finance, revised Oct 2019.
- Le Grand, François & Ragot, Xavier, 2021.
"Sovereign default and liquidity: The case for a world safe asset,"
Journal of International Economics, Elsevier, vol. 131(C).
- François Le Grand & Xavier Ragot, 2017. "Sovereign Default and Liquidity: the Case for a World Safe Asset," SciencePo Working papers hal-03471758, HAL.
- François Le Grand & Xavier Ragot, 2017. "Sovereign Default and Liquidity: the Case for a World Safe Asset," Working Papers hal-03471758, HAL.
- François Le Grand & Xavier Ragot, 2021. "Sovereign Default and Liquidity: The Case for a World Safe Asset," SciencePo Working papers Main hal-03501397, HAL.
- François Le Grand & Xavier Ragot, 2017. "Sovereign Default and Liquidity: the Case for a World Safe Asset," SciencePo Working papers Main hal-03471758, HAL.
- François Le Grand & Xavier Ragot, 2021. "Sovereign Default and Liquidity: The Case for a World Safe Asset," Post-Print hal-03501397, HAL.
- François Le Grand & Xavier Ragot, 2021. "Sovereign default and liquidity : The case for a world safe asset," Post-Print hal-03188242, HAL.
- Sushant Acharya & Keshav Dogra, 2022.
"The Side Effects of Safe Asset Creation,"
Journal of the European Economic Association, European Economic Association, vol. 20(2), pages 581-625.
- Keshav Dogra & Sushant Acharya, 2017. "The Side Effects of Safe Asset Creation," 2017 Meeting Papers 1453, Society for Economic Dynamics.
- Acharya, Sushant & Dogra, Keshav, 2020. "The Side Effects of Safe Asset Creation," CEPR Discussion Papers 14440, C.E.P.R. Discussion Papers.
- Sushant Acharya & Keshav Dogra, 2021. "The Side Effects of Safe Asset Creation," Staff Working Papers 21-34, Bank of Canada.
- Sushant Acharya & Keshav Dogra, 2018. "The side effects of safe asset creation," Staff Reports 842, Federal Reserve Bank of New York.
- Ly Dai Hung & Nguyen Thi Thuy Hoan, 2022.
"International Capital Flows When Safe Assets Scarcity Matters,"
South Asian Journal of Macroeconomics and Public Finance, , vol. 11(2), pages 151-167, December.
- Ly Dai Hung & Hoan Nguyen Thi Thuy, 2020. "International Capital Flows When Safe Assets Scarcity Matters," Working Papers hal-03112750, HAL.
- Matteo Maggiori & Brent Neiman & Jesse Schreger, 2019.
"The Rise of the Dollar and Fall of the Euro as International Currencies,"
AEA Papers and Proceedings, American Economic Association, vol. 109, pages 521-526, May.
- Maggiori, Matteo & Neiman, Brent & Schreger, Jesse, 2018. "The Rise of the Dollar and Fall of the Euro as International Currencies," CEPR Discussion Papers 13410, C.E.P.R. Discussion Papers.
- Matteo Maggiori & Brent Neiman & Jesse Schreger, 2018. "The Rise of the Dollar and Fall of the Euro as International Currencies," NBER Working Papers 25410, National Bureau of Economic Research, Inc.
- Ai Jun Hou & Ian Khrashchevskyi & Jarkko Peltomäki, 2019. "Hedge and safe haven investing with investment styles," Journal of Asset Management, Palgrave Macmillan, vol. 20(5), pages 351-364, September.
- Markus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2017.
"ESBies: safety in the tranches,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(90), pages 175-219.
- Brunnermeier, Markus Konrad & Langfield, Sam & Pagano, Marco & Reis, Ricardo & van Nieuwerburgh, Stijn & Vayanos, Dimitri, 2016. "ESBies: Safety in the tranches," CFS Working Paper Series 537, Center for Financial Studies (CFS).
- Brunnermeier, Markus K. & Langfield, Sam & Pagano, Marco & Reis, Ricardo & Nieuwerburgh, Stijn Van & Vayanos, Dimitri, 2016. "ESBies: safety in the tranches," LSE Research Online Documents on Economics 86221, London School of Economics and Political Science, LSE Library.
- Markus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016. "ESBies: Safety in the tranches," Discussion Papers 1627, Centre for Macroeconomics (CFM).
- Vayanos, Dimitri & Brunnermeier, Markus & Langfield, Sam & Pagano, Marco & Van Nieuwerburgh, Stijn, 2016. "ESBies: Safety in the Tranches," CEPR Discussion Papers 11537, C.E.P.R. Discussion Papers.
- Markus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh Author Email: svnieuwe@stern.nyu.edu & Dimitri Vayanos Author Email: d.vayanos@lse.ac.uk, 2016. "ESBies: Safety in the Tranches," CSEF Working Papers 453, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Brunnermeier, Markus K. & Langfield, Sam & Pagano, Marco & Reis, Ricardo & Van Nieuwerburgh, Stijn & Vayanos, Dimitri, 2017. "ESBies: safety in the tranches," LSE Research Online Documents on Economics 74320, London School of Economics and Political Science, LSE Library.
- Brunnermeier, Markus K. & Langfield, Sam & Pagano, Marco & Reis, Ricardo & Van Nieuwerburgh, Stijn & Vayanos, Dimitri, 2016. "ESBies: Safety in the tranches," ESRB Working Paper Series 21, European Systemic Risk Board.
- Marcus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016. "ESBies - Safety in the tranches," EIEF Working Papers Series 1614, Einaudi Institute for Economics and Finance (EIEF), revised Sep 2016.
- Zhengyang Jiang & Arvind Krishnamurthy & Hanno Lustig, 2021.
"Foreign Safe Asset Demand and the Dollar Exchange Rate,"
Journal of Finance, American Finance Association, vol. 76(3), pages 1049-1089, June.
- Zhengyang Jiang & Arvind Krishnamurthy & Hanno Lustig, 2018. "Foreign Safe Asset Demand and the Dollar Exchange Rate," NBER Working Papers 24439, National Bureau of Economic Research, Inc.
- Jiang, Zhengyang & Krishnamurthy, Arvind & Lustig, Hanno, 2018. "Foreign Safe Asset Demand and the Dollar Exchange Rate," Research Papers 3621, Stanford University, Graduate School of Business.
- Jiang, Zhengyang & Krishnamurthy, Arvind & Lustig, Hanno, 2019. "Foreign Safe Asset Demand and the Dollar Exchange Rate," Research Papers 3775, Stanford University, Graduate School of Business.
- Farboodi, Maryam & Kondor, Peter, 2018. "Heterogeneous global cycles," LSE Research Online Documents on Economics 118911, London School of Economics and Political Science, LSE Library.
- Ly Dai Hung, 2021.
"External Debts and Economic Growth when Debt Rating Matters,"
Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 12(03), pages 1-26, October.
- Ly Dai Hung, 2021. "External Debts and Economic Growth when Debts Rating Matters," Working Papers hal-03277527, HAL.
- Yasmeen Bayaa & Mahmoud Qadan, 2024. "Interest rate uncertainty and the shape of the yield curve of U.S. treasury bonds," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 14(4), pages 981-1003, December.
- He, Zhiguo & Nagel, Stefan & Song, Zhaogang, 2022.
"Treasury inconvenience yields during the COVID-19 crisis,"
Journal of Financial Economics, Elsevier, vol. 143(1), pages 57-79.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," NBER Working Papers 27416, National Bureau of Economic Research, Inc.
- Zhiguo He & Stefan Nagel & Zhaogang Song, 2020. "Treasury Inconvenience Yields during the COVID-19 Crisis," Working Papers 2020-79, Becker Friedman Institute for Research In Economics.
- Gita Gopinath & Jeremy C Stein, 2021.
"Banking, Trade, and the Making of a Dominant Currency,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(2), pages 783-830.
- Gita Gopinath & Jeremy C. Stein, 2018. "Banking, Trade, and the making of a Dominant Currency," NBER Working Papers 24485, National Bureau of Economic Research, Inc.
- A. Mantovi, 2019. "Information insensitivity, collateral flows and the logic of financial stability," Economics Department Working Papers 2019-EP01, Department of Economics, Parma University (Italy).
- Fleckenstein, Matthias & Longstaff, Francis A., 2020. "The US Treasury floating rate note puzzle: Is there a premium for mark-to-market stability?," Journal of Financial Economics, Elsevier, vol. 137(3), pages 637-658.
- Egemen Eren & Semyon Malamud, 2018.
"Dominant Currency Debt,"
Swiss Finance Institute Research Paper Series
18-55, Swiss Finance Institute.
- Malamud, Semyon & Eren, Egemen, 2018. "Dominant Currency Debt," CEPR Discussion Papers 13391, C.E.P.R. Discussion Papers.
- Egemen Eren & Semyon Malamud, 2019. "Dominant currency debt," BIS Working Papers 783, Bank for International Settlements.
- Markus K. Brunnermeier & Sebastian, Sannikov, Yuliy Merkel & Sebastian Merkel, 2021.
"Debt as Safe Asset,"
CESifo Working Paper Series
9500, CESifo.
- Markus K. Brunnermeier & Sebastian Merkel & Yuliy Sannikov, 2021. "Debt as Safe Asset," Working Papers 2021-30, Princeton University. Economics Department..
- Markus K. Brunnermeier & Sebastian A. Merkel & Yuliy Sannikov, 2022. "Debt as Safe Asset," NBER Working Papers 29626, National Bureau of Economic Research, Inc.
- Ly Dai Hung, 2020. "International Public Capital Flows," Working Papers hal-03090656, HAL.
- Ahn, Jungkyu & Ahn, Yongkil, 2022. "Demystifying the US Treasury floating rate note puzzle: A swap market perspective," Finance Research Letters, Elsevier, vol. 50(C).
- Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
- Marcin Kacperczyk & Christophe Pérignon & Guillaume Vuillemey, 2021.
"The Private Production of Safe Assets,"
Journal of Finance, American Finance Association, vol. 76(2), pages 495-535, April.
- Vuillemey, Guillaume & Kacperczyk, Marcin & Perignon, Christophe, 2017. "The Private Production of Safe Assets," CEPR Discussion Papers 12086, C.E.P.R. Discussion Papers.
- Kacperczyk, Marcin & Perignon, Christophe & Vuillemey, Guillaume, 2017. "The Private Production of Safe Assets," CEPR Discussion Papers 12395, C.E.P.R. Discussion Papers.
- Perignon, Christophe & Vuillemey, Guillaume & Kacperczyk, Marcin T., 2017. "The Private Production of Safe Assets," HEC Research Papers Series 1212, HEC Paris, revised 26 Oct 2017.
- Chase P. Ross, 2022. "The Collateral Premium and Levered Safe-Asset Production," Finance and Economics Discussion Series 2022-046, Board of Governors of the Federal Reserve System (U.S.).
- Eren, Egemen & Malamud, Semyon, 2022. "Dominant currency debt," Journal of Financial Economics, Elsevier, vol. 144(2), pages 571-589.
- Pierre-Olivier Gourinchas & Hélène Rey & Maxime Sauzet, 2019.
"The International Monetary and Financial System,"
Annual Review of Economics, Annual Reviews, vol. 11(1), pages 859-893, August.
- Pierre-Olivier Gourinchas & Hélène Rey & Maxime Sauzet, 2019. "The International Monetary and Financial System," NBER Working Papers 25782, National Bureau of Economic Research, Inc.
- Rey, Hélène & Gourinchas, Pierre-Olivier & Sauzet, Maxime, 2019. "The International Monetary and Financial System," CEPR Discussion Papers 13714, C.E.P.R. Discussion Papers.
- Gourinchas, Pierre-Olivier & Rey, Hélène & Sauzet, Maxime, 2019. "The International Monetary and Financial System," Department of Economics, Working Paper Series qt19n967tz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Maryam Farboodi & Péter Kondor, 2022.
"Heterogeneous Global Booms and Busts,"
American Economic Review, American Economic Association, vol. 112(7), pages 2178-2212, July.
- Maryam Farboodi & Péter Kondor, 2021. "Heterogeneous Global Booms and Busts," NBER Working Papers 28834, National Bureau of Economic Research, Inc.
- Farboodi, Maryam & Kondor, Peter, 2022. "Heterogeneous global booms and busts," LSE Research Online Documents on Economics 114547, London School of Economics and Political Science, LSE Library.
- George-Marios Angeletos & Chen Lian, 2016. "Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination," NBER Working Papers 22297, National Bureau of Economic Research, Inc.
- Dzsamila Vonnak, 2018. "Multidimensional global games and some applications," CERS-IE WORKING PAPERS 1803, Institute of Economics, Centre for Economic and Regional Studies.
- Georgiadis, Georgios & Müller, Gernot J. & Schumann, Ben, 2024.
"Global risk and the dollar,"
Journal of Monetary Economics, Elsevier, vol. 144(C).
- Müller, Gernot & Georgiadis, Georgios & Schumann, Ben, 2021. "Global Risk and the Dollar," CEPR Discussion Papers 16245, C.E.P.R. Discussion Papers.
- Georgios Georgiadis & Gernot J. Müller & Ben Schumann, 2023. "Global Risk and the Dollar," Discussion Papers of DIW Berlin 2057, DIW Berlin, German Institute for Economic Research.
- Georgiadis, Georgios & Müller, Gernot J. & Schumann, Ben, 2021. "Global risk and the dollar," Working Paper Series 2628, European Central Bank.
- Valseth, Siri, 2023. "Repo market frictions and intermediation in electronic bond markets," UiS Working Papers in Economics and Finance 2023/1, University of Stavanger.
- Christopher Clayton & Amanda Dos Santos & Matteo Maggiori & Jesse Schreger, 2022.
"Internationalizing Like China,"
NBER Working Papers
30336, National Bureau of Economic Research, Inc.
- Clayton, Christopher & Santos, Amanda Dos & Maggiori, Matteo & Schreger, Jesse, 2022. "Internationalizing Like China," SocArXiv r2msa, Center for Open Science.
- Gerding, Felix & Hartley, Jonathan S., 2024. "De-dollarization? Not so fast," Economics Letters, Elsevier, vol. 238(C).
- Michael D. Bordo & Robert N. McCauley, 2019.
"Triffin: Dilemma or Myth?,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 824-851, December.
- Michael Bordo & Robert N McCauley, 2017. "Triffin: dilemma or myth?," BIS Working Papers 684, Bank for International Settlements.
- Michael D. Bordo & Robert N. McCauley, 2018. "Triffin: dilemma or myth?," NBER Working Papers 24195, National Bureau of Economic Research, Inc.
- Jaevin Park, 2020. "Inside Money, Business Cycle, and Bank Capital Requirements," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 103-121, April.
- Nicolas Caramp & Sanjay R Singh, 2023.
"Bond Premium Cyclicality and Liquidity Traps,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(6), pages 2822-2879.
- Sanjay R. Singh & Nicolas Caramp, 2020. "Bond Premium Cyclicality and Liquidity Traps," Working Papers 336, University of California, Davis, Department of Economics.
- Benigno, Pierpaolo, 2023.
"The International Supply of Reserve Currency,"
CEPR Discussion Papers
18686, C.E.P.R. Discussion Papers.
- Pierpaolo Benigno, 2023. "The International Supply of Reserve Currency," Diskussionsschriften dp2313, Universitaet Bern, Departement Volkswirtschaft.
- Georgios Georgiadis & Gernot J. Müller & Ben Schumann, 2023.
"Dollar Trinity and the Global Financial Cycle,"
Discussion Papers of DIW Berlin
2058, DIW Berlin, German Institute for Economic Research.
- Müller, Gernot & Georgiadis, Georgios & Schumann, Ben, 2023. "Dollar Trinity and the Global Financial Cycle," CEPR Discussion Papers 18427, C.E.P.R. Discussion Papers.
- Athanasios Geromichalos & Lucas Herrenbrueck & Sukjoon Lee, 2023.
"Asset Safety versus Asset Liquidity,"
Journal of Political Economy, University of Chicago Press, vol. 131(5), pages 1172-1212.
- Athanasios Geromichalos & Lucas Herrenbrueck & Sukjoon Lee, 2018. "Asset Safety versus Asset Liquidity," Working Papers 326, University of California, Davis, Department of Economics.
- Dong, Feng & Liu, Jianfeng & Xu, Zhiwei & Zhao, Bo, 2021. "Flight to housing in China," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
- Pierre Yared & Marina Azzimonti, 2017. "The Public and Private Provision of Safe Assets," 2017 Meeting Papers 755, Society for Economic Dynamics.
- Aizenman, Joshua & Cheung, Yin-Wong & Qian, XingWang, 2020.
"The currency composition of international reserves, demand for international reserves, and global safe assets,"
Journal of International Money and Finance, Elsevier, vol. 102(C).
- Joshua Aizenman & Yin-Wong Cheung & Xingwang Qian, 2019. "The Currency Composition of International Reserves, Demand for International Reserves, and Global Safe Assets," NBER Working Papers 25934, National Bureau of Economic Research, Inc.
- Ly Dai Hung & Bui Thi Hai Anh & Vo Tri Thanh, 2022.
"International Debts Flows,"
Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-22, June.
- Ly Dai Hung & Hai Anh Bui Thi & Thanh Vo Tri, 2021. "International Debts Flows," Working Papers hal-03129122, HAL.
- Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2020.
"Capital flight to Germany: Two alternative measures,"
Journal of International Money and Finance, Elsevier, vol. 102(C).
- Yin-Wong Cheung & Sven Steinkamp & Frank Westermann, 2019. "Capital Flight to Germany: Two Alternative Measures," IEER Working Papers 115, Institute of Empirical Economic Research, Osnabrueck University.
- Ryan Chahrour & Rosen Valchev, 2017.
"International Medium of Exchange: Privilege and Duty,"
Boston College Working Papers in Economics
934, Boston College Department of Economics.
- Ryan Chahrour & Rosen Valchev, 2018. "International Medium of Exchange: Privilege and Duty," 2018 Meeting Papers 317, Society for Economic Dynamics.
- Jiang, Zhengyang, 2021. "US Fiscal cycle and the dollar," Journal of Monetary Economics, Elsevier, vol. 124(C), pages 91-106.
- Pierre Olivier Gourinchas, 2023. "International Macroeconomics: From the Great Financial Crisis to COVID-19, and Beyond," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 71(1), pages 1-34, March.
- Engel, Charles, 2020.
"Safe U.S. Assets and U.S. Capital Flows,"
Journal of International Money and Finance, Elsevier, vol. 102(C).
- Charles Engel, 2019. "Safe U.S. Assets and U.S. Capital Flows," GRU Working Paper Series GRU_2019_025, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Khalil, Makram & Strobel, Felix, 2024.
"US trade policy and the US dollar,"
Journal of International Economics, Elsevier, vol. 151(C).
- Khalil, Makram & Strobel, Felix, 2021. "US trade policy and the US dollar," Discussion Papers 49/2021, Deutsche Bundesbank.
- 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).
- Thomas M. Eisenbach & Gregory Phelan, 2022. "Fragility of Safe Asset Markets," Staff Reports 1026, Federal Reserve Bank of New York.
- Cong, Lin William & Mayer, Simon, 2022. "The Coming Battle of Digital Currencies," Applied Economics and Policy Working Paper Series 320020, Cornell University, Department of Applied Economics and Management.
- Tao Liu & Dong Lu & Liang Wang, 2023. "Hegemony or Harmony? A Unified Framework for the International Monetary System," Working Papers 202305, University of Hawaii at Manoa, Department of Economics.
- Stavrakeva, Vania & Tang, Jenny, 2019. "The Dollar During the Great Recession: US Monetary Policy Signaling and The Flight To Safety," CEPR Discussion Papers 14034, C.E.P.R. Discussion Papers.
- Patricia Gomez-Gonzalez & Gabriel Mathy, 2024. "The World's First Global Safe Asset: British Public Debt, 1718-1913," Fordham Economics Discussion Paper Series dp2024-01er:dp2024-01, Fordham University, Department of Economics.
- Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920, February.
- Jiang, Zhengyang & Richmond, Robert J., 2023. "Origins of international factor structures," Journal of Financial Economics, Elsevier, vol. 147(1), pages 1-26.
- Ly Dai Hung, 2020. "A Macro-Finance Model of Government Bonds Yields in Vietnam," Working Papers hal-03133807, HAL.
- Chang, Meng-Shiuh & Ju, Peijie & Liu, Yilei & Hsueh, Shao-Chieh, 2022. "Determining hedges and safe havens for stocks using interval analysis," The North American Journal of Economics and Finance, Elsevier, vol. 61(C).