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Alejandro Izquierdo

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.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Guillermo A. Calvo & Alejandro Izquierdo & Luis-Fernando Mejia, 2004. "On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects," NBER Working Papers 10520, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Sudden Stops: A Primer on Balance-of-Payments Crises
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2018-06-25 11:59:25

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Guillermo A. Calvo & Alejandro Izquierdo & Ernesto Talvi, 2006. "Sudden Stops and Phoenix Miracles in Emerging Markets," American Economic Review, American Economic Association, vol. 96(2), pages 405-410, May.

    Mentioned in:

    1. Sudden Stops and Phoenix Miracles in Emerging Markets (AER 2006) in ReplicationWiki ()

Working papers

  1. Ardanaz, Martín & Cavallo, Eduardo A. & Izquierdo, Alejandro, 2023. "Fiscal Rules: Challenges and Reform Opportunities for Emerging Markets," IDB Publications (Working Papers) 12691, Inter-American Development Bank.

    Cited by:

    1. Ardanaz, Martín & Ulloa-Suarez, Carolina & Valencia, Oscar, 2023. "Why Don't We Follow the Rules? Drivers of Compliance with Fiscal Policy Rules in Emerging Markets," IDB Publications (Working Papers) 13110, Inter-American Development Bank.

  2. Jorge Pablo Puig & Martin Ardanaz & Eduardo Cavallo & Alejandro Izquierdo, 2021. "Output effects of fiscal consolidations: does spending composition matter?," Asociación Argentina de Economía Política: Working Papers 4507, Asociación Argentina de Economía Política.

    Cited by:

    1. Valencia, Oscar & Gamboa-Arbeláez, Juliana & Sánchez, Gustavo, 2025. "Fiscal adjustments and the asymmetric effect of oil shocks," Energy Economics, Elsevier, vol. 144(C).
    2. Magud, Nicolas E. & Pienknagura, Samuel, 2024. "The return of expansionary austerity: Firms' investment response to fiscal adjustments in emerging markets," Journal of International Money and Finance, Elsevier, vol. 143(C).

  3. Luciana Galeano & Alejandro Izquierdo & Jorge P. Puig & Carlos A. Vegh & Guillermo Vuletin, 2021. "Can Automatic Government Spending Be Procyclical?," NBER Working Papers 28521, National Bureau of Economic Research, Inc.

    Cited by:

    1. Espinoza, Jorge Luis Vargas & Vásquez, Humberto Escudero & Velásquez, Wily Leopoldo Velásquez & Velásquez, Zulema Velásquez & Turpo, Giovana Araseli Flores, 2022. "Deuda Pública en Latinoamérica y propuestas del Banco Mundial," OSF Preprints g2y7v, Center for Open Science.
    2. Vybhavi Balasundharam & Arika Kayastha & Mr. Marcos Poplawski Ribeiro, 2023. "Inflation Indexation in Public Finances: A Global Dataset on Current Practices," IMF Working Papers 2023/264, International Monetary Fund.
    3. Aleksandr Arsenev & Philipp Heimberger & Bernhard Schütz, 2024. "Das konjunkturelle Verhalten der Staatsausgaben für Gesundheit und Soziales in Österreich und Deutschland: Wie robust ist die OECD-Methodik?," wiiw Research Reports in German language 25, The Vienna Institute for International Economic Studies, wiiw.
    4. José Andrée Camarena & Luciana Galeano & Luis Morano & Jorge Puig & Daniel Riera-Crichton & Carlos Vegh & Lucila Venturi & Guillermo Vuletin, 2019. "Fooled by the Cycle: Permanent versus Cyclical Improvements in Social Indicators," NBER Working Papers 26199, National Bureau of Economic Research, Inc.
    5. Francois, John Nana Darko & Konte, Maty & Ruch, Franz Ulrich, 2024. "“Crowding In” Effect of Public Investment on Private Investment Revisited," Policy Research Working Paper Series 10881, The World Bank.

  4. Cavallo, Eduardo A. & Izquierdo, Alejandro & Leon-Diaz, John, 2020. "Preventing Sudden Stops in Net Capital Flows," IDB Publications (Working Papers) 10513, Inter-American Development Bank.

    Cited by:

    1. Ogrokhina, Olena & Rodriguez, Cesar M., 2024. "Inflation targeting and capital flows: A tale of two cycles in developing countries," Journal of International Money and Finance, Elsevier, vol. 146(C).
    2. Ramos Murillo, Erick, 2022. "Case studies’ evidence of greenium in green bond sovereign issuances during the pandemic selloff of March 2020," MPRA Paper 113145, University Library of Munich, Germany.

  5. Cavallo, Eduardo A. & Izquierdo, Alejandro & Ardanaz, Martín & Puig, Jorge, 2020. "Growth-friendly Fiscal Rules?: Safeguarding Public Investment from Budget Cuts through Fiscal Rule Design," IDB Publications (Working Papers) 10159, Inter-American Development Bank.

    Cited by:

    1. Chrysanthakopoulos, Christos & Tagkalakis, Athanasios, 2023. "The effects of fiscal institutions on fiscal adjustment," Journal of International Money and Finance, Elsevier, vol. 134(C).
    2. Julia del Amo Valor & Marcos Martín Mateos & Diego Martínez López & Javier J. Pérez, 2023. "Is the European economic governance framework too “complex”? A critical discussion," Working Papers 2023-06, FEDEA.
    3. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    4. Ugo Panizza & Andrew Powell, 2023. "Reducing Public Debt: What Works Best?," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 9, pages 197-222, Inter-American Development Bank.
    5. Eduardo Cavallo & Eduardo Fernández Arias, 2023. "Strong External Balance Sheets for Resilient Economies," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 2, pages 5-36, Inter-American Development Bank.
    6. João Ayres & Anna Gelpern & Andrew Powell, 2023. "Sovereign Debt Restructuring: In Need of a New Approach," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 10, pages 223-254, Inter-American Development Bank.
    7. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.
    8. Ablam Estel APETI & Bao-We-Wal BAMBE & Jean Louis COMBES, 2022. "On the Macroeconomic Effects of Fiscal Reforms : Fiscal Rules and Public Expenditure Efficiency," LEO Working Papers / DR LEO 2985, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    9. Ablam Estel Apeti & Bao We Wal Bambe & Jean-Louis Combes & Eyah Denise Edoh, 2024. "Original Sin: Fiscal Rules and Government Debt in Foreign Currency in Developing Countries," Post-Print hal-04130477, HAL.
    10. Carranza-Ugarte, Luis & Díaz-Saavedra, Julián & Galdon-Sanchez, Jose Enrique, 2023. "Rethinking fiscal rules," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 833-857.
      • Luis Carranza Ugarte & Julian Diaz Saavedra & Jose Enrique Galdon-Sanchez, 2021. "Rethinking fiscal rules," ThE Papers 21/14, Department of Economic Theory and Economic History of the University of Granada..
    11. Ardanaz, Martín & Cavallo, Eduardo A. & Izquierdo, Alejandro, 2023. "Fiscal Rules: Challenges and Reform Opportunities for Emerging Markets," IDB Publications (Working Papers) 12691, Inter-American Development Bank.
    12. Ardanaz, Martín & Ulloa-Suarez, Carolina & Valencia, Oscar, 2023. "Why Don't We Follow the Rules? Drivers of Compliance with Fiscal Policy Rules in Emerging Markets," IDB Publications (Working Papers) 13110, Inter-American Development Bank.
    13. Juan Pablo Jiménez & Leonardo Letelier & Ignacio Ruelas & Jaime Bonet-Morón, 2021. "Reglas fiscales subnacionales: Revisión empírica, experiencias internacionales y sus desafíos en la nueva institucionalidad fiscal post COVID," Documentos de Trabajo Sobre Economía Regional y Urbana 19502, Banco de la República, Economía Regional.
    14. Andrew Powell & Oscar Mauricio Valencia, 2023. "The Debt Conundrum," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 1, pages 1-4, Inter-American Development Bank.
    15. Leandro Andrián & Oscar Mauricio Valencia, 2023. "Past the Tipping Point? Assessing Debt Overhang in Latin America and the Caribbean," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 8, pages 183-196, Inter-American Development Bank.
    16. Alina Georgeta AILINCA, 2022. "Assessing Some Fiscal Indicators In The European Union In The Period 2000-2021," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(1), pages 28-37.
    17. Ryota Nakatani, 2021. "Fiscal Rules for Natural Disaster- and Climate Change-Prone Small States," Sustainability, MDPI, vol. 13(6), pages 1-26, March.
    18. María Cecilia Acevedo & Leandro Andrián & Victoria Nuguer & Oscar Mauricio Valencia, 2023. "Understanding the Rise in Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 4, pages 67-94, Inter-American Development Bank.
    19. Jianu, Ionut & Tudorache, Maria-Daniela, 2024. "The Stability and Growth Pact in Practice: inefficiencies of previous debt rules and the way forward," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 2024(4), pages 261-278.
    20. Andrew Powell & Oscar Mauricio Valencia, 2023. "The Bottom Line on Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 13, pages 309-318, Inter-American Development Bank.
    21. Rodrigo Heresi & Andrew Powell, 2023. "Balance Sheet Vulnerabilities in the Wake of the Pandemic," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 12, pages 285-308, Inter-American Development Bank.
    22. Ardanaz, Martín & Izquierdo, Alejandro, 2022. "Current expenditure upswings in good times and public investment downswings in bad times? New evidence from developing countries," Journal of Comparative Economics, Elsevier, vol. 50(1), pages 118-134.
    23. Alessandra Cepparulo & Giuseppe Eusepi & Luisa Giuriato, 2024. "Public Finance, Fiscal Rules and Public–Private Partnerships: Lessons for Post-COVID-19 Investment Plans," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 66(1), pages 191-213, March.
    24. Ohnsorge, Franziska & Kose, M. Ayhan & Nagle, Peter & Sugawara, Naotaka, 2020. "Can This Time Be Different? Policy Options in Times of Rising Debt," CEPR Discussion Papers 14528, C.E.P.R. Discussion Papers.
    25. Eduardo Borensztein & Eduardo Cavallo, 2023. "Domestic Bond Markets: Successes and Challenges," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 3, pages 37-66, Inter-American Development Bank.
    26. Antonia Lopez Villavicencio & Hugo Oriola, 2025. "National elections and sub-national electoral cycles: Do strong fiscal rules matter in Europe?," EconomiX Working Papers 2025-15, University of Paris Nanterre, EconomiX.
    27. María Cecilia Acevedo & Vanessa Alviarez & Joaquin Lennon Sabatini, 2023. "Managing Private Debt," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 11, pages 255-284, Inter-American Development Bank.
    28. Vybhavi Balasundharam & Olivier Basdevant & Dalmacio Benicio & Andrew Ceber & Yujin Kim & Luca Mazzone & Hoda Selim & Yongzheng Yang, 2023. "Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design," IMF Working Papers 2023/063, International Monetary Fund.
    29. Ech-charfi, Nour-eddine, 2024. "Fiscal rules, capital controls, and cross-border financial integration," European Journal of Political Economy, Elsevier, vol. 85(C).
    30. Thomas Brändle & Marc Elsener, 2024. "Do fiscal rules matter? A survey of recent evidence," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 160(1), pages 1-38, December.
    31. Cezara Vinturis, 2023. "How do fiscal rules shape governments' spending behavior?," Economic Inquiry, Western Economic Association International, vol. 61(2), pages 322-341, April.
    32. Mar Delgado-Téllez & Esther Gordo & Iván Kataryniuk & Javier J. Pérez, 2022. "The decline in public investment: ``social dominance’’ or too-rigid fiscal rules?," Applied Economics, Taylor & Francis Journals, vol. 54(10), pages 1123-1136, February.
    33. Durand-Lasserve, Olivier & Karanfil, Fatih, 2023. "Fiscal policy in oil and gas-exporting economies: Good times, bad times and ugly times," Energy Economics, Elsevier, vol. 126(C).
    34. Sawadogo, Rayangnewendé Frans, 2024. "Do fiscal rules shape private-sector investment decisions?," Journal of Macroeconomics, Elsevier, vol. 81(C).
    35. Gomez-Gonzalez, Jose E. & Valencia, Oscar M. & Sánchez, Gustavo A., 2022. "How fiscal rules can reduce sovereign debt default risk," Emerging Markets Review, Elsevier, vol. 50(C).
    36. Antonio Fatas & Bram Gootjes & Joseph Mawejje, 2025. "Dynamic Effects of Fiscal Rules : Do Initial Conditions Matter ?," Policy Research Working Paper Series 11066, The World Bank.
    37. Raimundo Soto & Ibrahim Elbadawi & Isaac Martínez, 2019. "Exports, Exchange Regimes, and Fragility," Documentos de Trabajo 526, Instituto de Economia. Pontificia Universidad Católica de Chile..
    38. Ablam Estel Apeti & Bao We Wal Bambe & Jean-Louis Combes & Eyah Denise Edoh, 2023. "Original Sin: Fiscal Rules and Government Debt in Foreign Currency in Developing Countries," Working Papers hal-04130477, HAL.
    39. Sebastian Blesse & Florian Dorn & Max Lay, 2023. "Do Fiscal Rules Undermine Public Investments? A Review of Empirical Evidence," ifo Working Paper Series 393, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    40. Eduardo Levy Yeyati & Andrew Powell, 2023. "Sovereign Debt Management," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 6, pages 123-160, Inter-American Development Bank.
    41. Jorge Pablo Puig & Martin Ardanaz & Eduardo Cavallo & Alejandro Izquierdo, 2021. "Output effects of fiscal consolidations: does spending composition matter?," Asociación Argentina de Economía Política: Working Papers 4507, Asociación Argentina de Economía Política.
    42. Ablam Estel Apeti & Bao-We-Wal Bambe & Aguima Aime Bernard Lompo, 2023. "Determinants of public sector efficiency: a panel database from a stochastic frontier analysis," Post-Print hal-04189811, HAL.
    43. Powell, Andrew & Valencia, Oscar, 2023. "Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean," IDB Publications (Books), Inter-American Development Bank, number 12664.
    44. Leopoldo Avellán & Arturo Galindo & Giulia Lotti, 2023. "Official Creditors: Providing More than Money," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 7, pages 161-182, Inter-American Development Bank.
    45. Sebastian Blesse & Florian Dorn & Max Lay, 2023. "Schwächen Fiskalregeln öffentliche Investitionen?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 76(06), pages 22-28, June.
    46. Juan Manuel Hernández & Andrew Powell & Oscar Mauricio Valencia, 2023. "Debt Sustainability: More Important than Ever," IDB Publications (Book Chapters), in: Andrew Powell & Oscar Mauricio Valencia (ed.), Dealing with Debt, edition 1, chapter 5, pages 95-122, Inter-American Development Bank.
    47. Chakraborty, Pinaki, 2021. "COVID-19 Context and the Fifteenth Finance Commission: Balancing Fiscal Need and Macroeconomic Stability," Working Papers 21/351, National Institute of Public Finance and Policy.
    48. Căpraru, Bogdan & Georgescu, George & Sprincean, Nicu, 2022. "Do independent fiscal institutions cause better fiscal outcomes in the European Union?," Economic Systems, Elsevier, vol. 46(2).

  6. Alejandro Izquierdo & Ruy E. Lama & Juan Pablo Medina & Jorge P. Puig & Daniel Riera-Crichton & Carlos A. Vegh & Guillermo Vuletin, 2019. "Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Investigation," NBER Working Papers 26478, National Bureau of Economic Research, Inc.

    Cited by:

    1. Anzoategui, Diego, 2022. "Sovereign spreads and the effects of fiscal austerity," Journal of International Economics, Elsevier, vol. 139(C).
    2. Espinoza, Jorge Luis Vargas & Vásquez, Humberto Escudero & Velásquez, Wily Leopoldo Velásquez & Velásquez, Zulema Velásquez & Turpo, Giovana Araseli Flores, 2022. "Deuda Pública en Latinoamérica y propuestas del Banco Mundial," OSF Preprints g2y7v, Center for Open Science.
    3. Thibault Lemaire, 2020. "Fiscal Consolidations and Informality in Latin America and the Caribbean," Working papers 764, Banque de France.
    4. Tovar Jalles, João & Park, Donghyun & Qureshi, Irfan, 2024. "Public and Private Investment as Catalysts for Growth: An analysis of emerging markets and developing economies with a focus on Asia," Journal of International Money and Finance, Elsevier, vol. 148(C).
    5. Jalles, João Tovar & Park , Donghyun & Qureshi, Irfan, 2024. "Public versus Private Investment Multipliers in Emerging Market and Developing Economies: Cross-Country Analysis with a Focus on Asia," ADB Economics Working Paper Series 737, Asian Development Bank.
    6. World Bank, "undated". "Recovering Growth [Recobrar el crecimiento]," World Bank Publications - Reports 36331, The World Bank Group.
    7. Amat Adarov & Clements,Benedict & Jalles,João Tovar, 2024. "Revisiting Public Investment Multipliers : Nonlinear Effects of the Business Cycle, Fiscal Space, Efficiency, and Capital Stock," Policy Research Working Paper Series 10954, The World Bank.
    8. Chun-Hung Kuo & Hiroaki Miyamoto, 2023. "Public investment and labor market flexibility," Economics Bulletin, AccessEcon, vol. 43(2), pages 1122-1132.
    9. Tannous Kass-Hanna & Julien Reynaud & Chris Walker, 2023. "Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia," IMF Working Papers 2023/240, International Monetary Fund.
    10. Magud, Nicolas E. & Pienknagura, Samuel, 2024. "The return of expansionary austerity: Firms' investment response to fiscal adjustments in emerging markets," Journal of International Money and Finance, Elsevier, vol. 143(C).
    11. Yan Carrière‐Swallow & Antonio C. David & Daniel Leigh, 2021. "Macroeconomic Effects of Fiscal Consolidation in Emerging Economies: New Narrative Evidence from Latin America and the Caribbean," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(6), pages 1313-1335, September.
    12. Marina da Silva Sanches & Laura Barbosa de Carvalho, 2023. "Multiplier effects of social protection: a SVAR approach for Brazil," International Review of Applied Economics, Taylor & Francis Journals, vol. 37(1), pages 93-112, January.
    13. Vybhavi Balasundharam & Olivier Basdevant & Dalmacio Benicio & Andrew Ceber & Yujin Kim & Luca Mazzone & Hoda Selim & Yongzheng Yang, 2023. "Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design," IMF Working Papers 2023/063, International Monetary Fund.
    14. García-Albán, Freddy & González-Astudillo, Manuel & Vera-Avellán, Cristhian, 2021. "Good policy or good luck? Analyzing the effects of fiscal policy and oil revenue shocks in Ecuador," Energy Economics, Elsevier, vol. 100(C).
    15. Ardanaz, Martín & Cavallo, Eduardo & Izquierdo, Alejandro & Puig, Jorge, 2021. "Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design," Journal of International Money and Finance, Elsevier, vol. 111(C).
    16. Moreau, Flavien & Aligishiev, Zamid, 2024. "Diversification in sight? A macroeconomic assessment of Saudi Arabia’s vision 2030," International Economics, Elsevier, vol. 180(C).
    17. Islam,Asif Mohammed & Nguyen,Ha, 2024. "Distributional Crowding Out Effects of Public Debt on Private Investment in Developing Economies," Policy Research Working Paper Series 10786, The World Bank.
    18. Giovanna Ciaffi & Matteo Deleidi & Enrico Sergio Levrero, 2022. "The Macroeconomic Impact of Public Spending in Research and Development: An Initial Exploration for G7 and 15 Oecd Countries," Bulletin of Political Economy, Bulletin of Political Economy, vol. 16(1), pages 1-19, June.
    19. Francois, John Nana Darko & Konte, Maty & Ruch, Franz Ulrich, 2024. "“Crowding In” Effect of Public Investment on Private Investment Revisited," Policy Research Working Paper Series 10881, The World Bank.
    20. Jorge Pablo Puig & Martin Ardanaz & Eduardo Cavallo & Alejandro Izquierdo, 2021. "Output effects of fiscal consolidations: does spending composition matter?," Asociación Argentina de Economía Política: Working Papers 4507, Asociación Argentina de Economía Política.
    21. Tamon Asonuma & Hyungseok Joo, 2021. "Public Capital and Fiscal Constraint in Sovereign Debt Crises," School of Economics Discussion Papers 0621, School of Economics, University of Surrey.
    22. Cusato Novelli, Antonio & Barcia, Giancarlo, 2021. "Sovereign Risk, Public Investment and the Fiscal Policy Stance," Journal of Macroeconomics, Elsevier, vol. 67(C).
    23. Victor Yotzov & Garabed Minassian & Pobeda Loukanova & Dimitar Zlatinov & Grigor Sariiski, 2022. "Bulgaria's economy during the pandemic," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 121-149.

  7. Mr. Alejandro Izquierdo & Mr. Ruy Lama & Juan Pablo Medina & Jorge Puig & Daniel Riera-Crichton & Mr. Carlos A. Végh Gramont & Guillermo Javier Vuletin, 2019. "Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Exploration," IMF Working Papers 2019/289, International Monetary Fund.

    Cited by:

    1. Anzoategui, Diego, 2022. "Sovereign spreads and the effects of fiscal austerity," Journal of International Economics, Elsevier, vol. 139(C).
    2. Espinoza, Jorge Luis Vargas & Vásquez, Humberto Escudero & Velásquez, Wily Leopoldo Velásquez & Velásquez, Zulema Velásquez & Turpo, Giovana Araseli Flores, 2022. "Deuda Pública en Latinoamérica y propuestas del Banco Mundial," OSF Preprints g2y7v, Center for Open Science.
    3. Thibault Lemaire, 2020. "Fiscal Consolidations and Informality in Latin America and the Caribbean," Working papers 764, Banque de France.
    4. Jalles, João Tovar & Park , Donghyun & Qureshi, Irfan, 2024. "Public versus Private Investment Multipliers in Emerging Market and Developing Economies: Cross-Country Analysis with a Focus on Asia," ADB Economics Working Paper Series 737, Asian Development Bank.
    5. World Bank, "undated". "Recovering Growth [Recobrar el crecimiento]," World Bank Publications - Reports 36331, The World Bank Group.
    6. Amat Adarov & Clements,Benedict & Jalles,João Tovar, 2024. "Revisiting Public Investment Multipliers : Nonlinear Effects of the Business Cycle, Fiscal Space, Efficiency, and Capital Stock," Policy Research Working Paper Series 10954, The World Bank.
    7. Chun-Hung Kuo & Hiroaki Miyamoto, 2023. "Public investment and labor market flexibility," Economics Bulletin, AccessEcon, vol. 43(2), pages 1122-1132.
    8. Tannous Kass-Hanna & Julien Reynaud & Chris Walker, 2023. "Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia," IMF Working Papers 2023/240, International Monetary Fund.
    9. Magud, Nicolas E. & Pienknagura, Samuel, 2024. "The return of expansionary austerity: Firms' investment response to fiscal adjustments in emerging markets," Journal of International Money and Finance, Elsevier, vol. 143(C).
    10. Marina da Silva Sanches & Laura Barbosa de Carvalho, 2023. "Multiplier effects of social protection: a SVAR approach for Brazil," International Review of Applied Economics, Taylor & Francis Journals, vol. 37(1), pages 93-112, January.
    11. Vybhavi Balasundharam & Olivier Basdevant & Dalmacio Benicio & Andrew Ceber & Yujin Kim & Luca Mazzone & Hoda Selim & Yongzheng Yang, 2023. "Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design," IMF Working Papers 2023/063, International Monetary Fund.
    12. Daniel Artana & Cynthia Moskovits & Jorge Puig & Ivana Templado, 2022. "Fiscal rules and the behavior of public investment: towards growth-friendly fiscal policy? The case of Argentina," SN Business & Economics, Springer, vol. 2(8), pages 1-23, August.
    13. García-Albán, Freddy & González-Astudillo, Manuel & Vera-Avellán, Cristhian, 2021. "Good policy or good luck? Analyzing the effects of fiscal policy and oil revenue shocks in Ecuador," Energy Economics, Elsevier, vol. 100(C).
    14. Ardanaz, Martín & Cavallo, Eduardo & Izquierdo, Alejandro & Puig, Jorge, 2021. "Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design," Journal of International Money and Finance, Elsevier, vol. 111(C).
    15. Moreau, Flavien & Aligishiev, Zamid, 2024. "Diversification in sight? A macroeconomic assessment of Saudi Arabia’s vision 2030," International Economics, Elsevier, vol. 180(C).
    16. Islam,Asif Mohammed & Nguyen,Ha, 2024. "Distributional Crowding Out Effects of Public Debt on Private Investment in Developing Economies," Policy Research Working Paper Series 10786, The World Bank.
    17. Giovanna Ciaffi & Matteo Deleidi & Enrico Sergio Levrero, 2022. "The Macroeconomic Impact of Public Spending in Research and Development: An Initial Exploration for G7 and 15 Oecd Countries," Bulletin of Political Economy, Bulletin of Political Economy, vol. 16(1), pages 1-19, June.
    18. Francois, John Nana Darko & Konte, Maty & Ruch, Franz Ulrich, 2024. "“Crowding In” Effect of Public Investment on Private Investment Revisited," Policy Research Working Paper Series 10881, The World Bank.
    19. Skrypnik, D., 2024. "Infrastructure and economic growth in the context of the evolutionary theory of economic policy," Journal of the New Economic Association, New Economic Association, vol. 62(1), pages 117-142.
    20. Cusato Novelli, Antonio & Barcia, Giancarlo, 2021. "Sovereign Risk, Public Investment and the Fiscal Policy Stance," Journal of Macroeconomics, Elsevier, vol. 67(C).
    21. Victor Yotzov & Garabed Minassian & Pobeda Loukanova & Dimitar Zlatinov & Grigor Sariiski, 2022. "Bulgaria's economy during the pandemic," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 121-149.

  8. Ardanaz, Martín & Izquierdo, Alejandro, 2017. "Current Expenditure Upswings in Good Times and Capital Expenditure Downswings in Bad Times?: New Evidence from Developing Countries," IDB Publications (Working Papers) 8558, Inter-American Development Bank.

    Cited by:

    1. Daniel Riera-Crichton & Pilar Ruiz Orrico & Guillermo Javier Vuletin, 2024. "From Fiscal Cyclicality to Fiscal Stress : The Role of Asymmetric Public Consumption Rigidities in Emerging Markets," Policy Research Working Paper Series 10984, The World Bank.
    2. Folgar, Julian & García Posleman,Francisco, 2024. "Procyclical Fiscal Policy in Argentina : Drivers and Channels of a Long-Lasting Marriage," Policy Research Working Paper Series 10942, The World Bank.
    3. Mar Delgado-Téllez & Esther Gordo & Iván Kataryniuk & Javier J. Pérez, 2022. "The decline in public investment: ``social dominance’’ or too-rigid fiscal rules?," Applied Economics, Taylor & Francis Journals, vol. 54(10), pages 1123-1136, February.
    4. Sawadogo, Rayangnewendé Frans, 2024. "Do fiscal rules shape private-sector investment decisions?," Journal of Macroeconomics, Elsevier, vol. 81(C).
    5. Christian R. Proaño, 2020. "On the Macroeconomic and Social Impact of the Coronavirus Pandemic in Latin America and the Developing World," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(3), pages 159-162, May.

  9. Izquierdo, Alejandro & Llopis, Jimena & Muratori, Umberto & Ruiz, José Juan, 2016. "In Search of Larger Per Capita Incomes: How To Prioritize across Productivity Determinants?," IDB Publications (Working Papers) 7511, Inter-American Development Bank.

    Cited by:

    1. Ahumada, Hildegart & Cavallo, Eduardo A. & Espina-Mairal, Santos & Navajas, Fernando, 2021. "Sectoral Productivity Growth, COVID-19 Shocks, and Infrastructure," IDB Publications (Working Papers) 11404, Inter-American Development Bank.
    2. HERRERO-OLARTE, Susana, 2024. "Productivity And Regional Trade, The Relationship In South America," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 24(1), pages 37-56.
    3. -, 2019. "Perspectivas económicas de América Latina 2019: desarrollo en transición," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 44525 edited by Cepal.
    4. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152.
    5. Laura Heras Recuero & Roberto Pascual González, 2019. "Economic growth, institutional quality and financial development in middle-income countries," Working Papers 1937, Banco de España.
    6. Alfonso Arellano & Olga Gouveia & Sebastian Nieto-Parra & Jose Rene Orozco & Rebeca Peers, 2018. "Policy priorities to promote financial development in the context of Middle Income Trap," Working Papers 18/15, BBVA Bank, Economic Research Department.

  10. Alejandro Izquierdo & Rudy Loo-Kung & Liliana Rojas-Suarez, 2013. "Macroprudential Regulations in Central America," Working Papers 318, Center for Global Development.

    Cited by:

    1. Pierre-Richard Agénor & Koray Alper & Luiz Pereira da Silva, 2015. "External Shocks, Financial Volatility and Reserve Requirements in an Open Economy," Working Papers Series 396, Central Bank of Brazil, Research Department.
    2. Agénor, Pierre-Richard & Alper, Koray & Pereira da Silva, Luiz A., 2014. "Sudden floods, macroprudential regulation and stability in an open economy," Journal of International Money and Finance, Elsevier, vol. 48(PA), pages 68-100.
    3. Rojas Alvarado,Luis Diego & Vegh,Carlos & Vuletin,Guillermo Javier, 2022. "The Macroeconomic Effects of Macroprudential Policy : Evidence from a Narrative Approach," Policy Research Working Paper Series 10145, The World Bank.
    4. Michael Brei & Ramon Moreno, 2018. "Reserve requirements and capital flows in Latin America," BIS Working Papers 741, Bank for International Settlements.
    5. Ballouk, Hossein & Ben Jabeur, Sami & Challita, Sandra & Chen, Chaomei, 2024. "Financial stability: A scientometric analysis and research agenda," Research in International Business and Finance, Elsevier, vol. 70(PA).
    6. Carreras, Oriol & Davis, E. Philip & Piggott, Rebecca, 2018. "Assessing macroprudential tools in OECD countries within a cointegration framework," Journal of Financial Stability, Elsevier, vol. 37(C), pages 112-130.

  11. Guillermo A. Calvo & Alejandro Izquierdo & Rudy Loo-Kung, 2012. "Optimal Holdings of International Reserves: Self-Insurance against Sudden Stop," NBER Working Papers 18219, National Bureau of Economic Research, Inc.

    Cited by:

    1. Javier Bianchi & Juan Carlos Hatchondo & Leonardo Martinez, 2013. "International reserves and rollover risk," Working Paper 13-01, Federal Reserve Bank of Richmond.
    2. Guillermo A. Calvo, 2014. "Sudden Stop and Sudden Flood of Foreign Direct Investment: Inverse Bank Run, Output, and Welfare Distribution," Scandinavian Journal of Economics, Wiley Blackwell, vol. 116(1), pages 5-19, January.
    3. Luis Dumlao, 2013. "Gross International reserves: accumulation management, and relation to debt," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 50(1), pages 1-22, June.
    4. Juan José Echavarría & Luis Fernando Melo Velandia & Santiago Téllez & Mauricio Villamizar, 2013. "The Impact of Pre-announced Day-to-day Interventions on the Colombian Exchange Rate," Borradores de Economia 10767, Banco de la Republica.
    5. Piotr Misztal, 2021. "The Size and the Main Determinants of China’s Official Currency Reserves in the Period 1990-2019," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 568-582.
    6. Winston Moore & Adrian Glean, 2016. "Foreign exchange reserve adequacy and exogenous shocks," Applied Economics, Taylor & Francis Journals, vol. 48(6), pages 490-501, February.
    7. Youngjin Yun, 2018. "Reserve Accumulation and Bank Lending: Evidence from Korea," GRU Working Paper Series GRU_2018_007, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    8. Guillermo Calvo & Fabrizio Coricelli & Pablo Ottonello, 2013. "Jobless Recoveries During Financial Crises: Is Inflation the Way Out?," NBER Working Papers 19683, National Bureau of Economic Research, Inc.
    9. Hernando Vargas Herrera & Andrés González & Diego Rodríguez, 2013. "Foreign Exchange Intervention in Colombia," Borradores de Economia 10465, Banco de la Republica.
    10. Flavia Corneli & Emanuele Tarantino, 2015. "Sovereign debt and reserves with liquidity and productivity crises," Temi di discussione (Economic working papers) 1012, Bank of Italy, Economic Research and International Relations Area.
    11. Kim, Yun Jung, 2017. "Sudden stops, limited enforcement, and optimal reserves," International Review of Economics & Finance, Elsevier, vol. 51(C), pages 273-282.
    12. Javid Suleymanli, 2022. "Differences in the Determinants of National Reserves across G7 and Rising Power Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 431-443, March.
    13. Renliang Liu & Thanasis Stengos, 2023. "What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies," Open Economies Review, Springer, vol. 34(2), pages 371-409, April.
    14. Franz Hamann & Marc Hofstetter & Miguel Urrutia, 2014. "Inflation Targeting in Colombia, 2002-2012," Borradores de Economia 11189, Banco de la Republica.
    15. Samano, Agustin, 2022. "International reserves and central bank independence," Journal of International Economics, Elsevier, vol. 139(C).
    16. Patrick Carvalho & Renee A. Fry-McKibbin, 2014. "Foreign Reserve Accumulation and the Mercantilist Motive Hypothesis," CAMA Working Papers 2014-18, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    17. Eduardo Levy Yeyati & Jimena Zúñiga, 2015. "Varieties of capital flows: What do we know," Business School Working Papers 2015-01, Universidad Torcuato Di Tella.
    18. Rangan Gupta & Shawkat Hammoudeh & Won Joong Kim & Beatrice D. Simo-Kengne, 2013. "Forecasting China’s Foreign Exchange Reserves Using Dynamic Model Averaging: The Role of Macroeconomic Fundamentals, Financial Stress and Economic Uncertainty," Working Papers 201338, University of Pretoria, Department of Economics.
    19. Horn,Sebastian Andreas & Parks,Bradley Christopher & Reinhart,Carmen M. & Trebesch,Christoph, 2023. "China as an International Lender of Last Resort," Policy Research Working Paper Series 10380, The World Bank.
    20. Sona Benecka & Lubos Komarek, 2014. "International Reserves: Facing Model Uncertainty," Working Papers 2014/03, Czech National Bank, Research and Statistics Department.
    21. 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.
    22. Falk Hendrik Laser & Jan Weidner, 2022. "Currency Compositions of International Reserves and the Euro Crisis," Open Economies Review, Springer, vol. 33(5), pages 917-944, November.
    23. Reinhart, Carmen & Tashiro, Takeshi, 2013. "Crowding Out Redefined: The Role of Reserve Accumulation," CEPR Discussion Papers 9764, C.E.P.R. Discussion Papers.
    24. Gerencia Técnica, 2012. "Nivel óptimo y adecuado de reservas internacionales," Borradores de Economia 727, Banco de la Republica de Colombia.
    25. Gerencia Técnica-Banco de la República, 2012. "Nivel óptimo y adecuado de reservas internacionales," Borradores de Economia 9871, Banco de la Republica.
    26. Layal Mansour, 2014. "The Power of International Reserves: the impossible trinity becomes possible," Working Papers 1420, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    27. Alexander Mihailov & Harun Nasir, 2020. "Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies," Economics Discussion Papers em-dp2020-24, Department of Economics, University of Reading.
    28. 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.
    29. Laser, Falk Hendrik & Weidner, Jan, 2020. "Currency compositions of international reserves and the euro crisis," Darmstadt Discussion Papers in Economics 238, Darmstadt University of Technology, Department of Law and Economics.
    30. Rossini, Renzo & Quispe, Zenón & Serrano, Enrique, 2013. "Foreign Exchange Interventions in Peru," Working Papers 2013-016, Banco Central de Reserva del Perú.
    31. Hur, Sewon & Kondo, Illenin O., 2016. "A theory of rollover risk, sudden stops, and foreign reserves," Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
    32. Joshua Aizenman & Reuven Glick, 2014. "Asset Class Diversification and Delegation of Responsibilities between a Central Bank of Sovereign Wealth Fund," International Journal of Central Banking, International Journal of Central Banking, vol. 10(3), pages 129-161, September.
    33. Guillermo Calvo, 2013. "Puzzling over the Anatomy of Crises: Liquidity and the Veil of Finance," IMES Discussion Paper Series 13-E-09, Institute for Monetary and Economic Studies, Bank of Japan.
    34. Abdoul’ Ganiou Mijiyawa & Djoulassi K. Oloufade, 2023. "Effect of Remittance Inflows on External Debt in Developing Countries," Open Economies Review, Springer, vol. 34(2), pages 437-470, April.
    35. Guillermo A. Calvo, 2013. "The Mayekawa Lecture: Puzzling over the Anatomy of Crises- Liquidity and the Veil of Finance," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 31, pages 39-64, November.
    36. 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.
    37. Frömmel, Michael & Midiliç, Murat, 2021. "Daily currency interventions in an emerging market: Incorporating reserve accumulation to the reaction function," Economic Modelling, Elsevier, vol. 97(C), pages 461-476.

  12. Galindo, Arturo & Izquierdo, Alejandro & Rojas-Suárez, Liliana, 2010. "Financial Integration and Foreign Banks in Latin America: How Do They Impact the Transmission of External Financial Shocks?," IDB Publications (Working Papers) 1689, Inter-American Development Bank.

    Cited by:

    1. Sara G.Castellanos & Jesus G. Garza-Garcia, 2013. "Competition and Efficiency in the Mexican Banking Sector," Working Papers 1329, BBVA Bank, Economic Research Department.
    2. Mejra Festić, 2011. "The role of the foreign banks in the 5 EU member states," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 13(1), pages 189-206, June.
    3. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2013. "Inflation Targeting and Financial Stability: A Perspective from the Developing World," Working Papers Series 324, Central Bank of Brazil, Research Department.
    4. Francisco Javier Sáez-Fernández & Andrés J. Picazo-Tadeo & Mercedes Beltrán-Esteve & Caroline Elliott, 2015. "Assessing the performance of the Latin American and Caribbean banking industry: Are domestic and foreign banks so different?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 3(1), pages 1006976-100, December.
    5. M. Kabir Hassan & Geoffrey M. Ngene & Jung Suk-Yu, 2011. "Credit Default Swaps and Sovereign Debt Markets," NFI Working Papers 2011-WP-03, Indiana State University, Scott College of Business, Networks Financial Institute.
    6. Andrea F. Presbitero & Gregory F. Udell & Alberto Zazzaro, 2014. "The Home Bias and the Credit Crunch: A Regional Perspective," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 53-85, February.
    7. Zeynep Önder & Süheyla Özyıldırım, 2016. "Foreign banks, financial crises and macroeconomic fluctuations," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 24(3), pages 447-479, July.
    8. Liliana Rojas-Suárez & José María Serena, 2015. "Changes in funding patterns by Latin American banking systems:how large? how risky?," Working Papers 1521, Banco de España.
    9. Mariña Martínez-Malvar & Laura Baselga-Pascual, 2020. "Bank Risk Determinants in Latin America," Risks, MDPI, vol. 8(3), pages 1-20, September.
    10. Liliana Rojas-Suarez and Carlos Montoro, 2012. "Credit at Times of Stress: Latin American Lessons from the Global Financial Crisis - Working Paper 289," Working Papers 289, Center for Global Development.
    11. Ghosh, Amit, 2017. "How does banking sector globalization affect economic growth?," International Review of Economics & Finance, Elsevier, vol. 48(C), pages 83-97.
    12. Patrick A. Imam & Erlend Nier & Mr. Luis Ignacio Jácome, 2012. "Building Blocks for Effective Macroprudential Policies in Latin America: Institutional Considerations," IMF Working Papers 2012/183, International Monetary Fund.
    13. Chad P. Bown & Daniel Lederman & Samuel Pienknagura & Raymond Robertson, 2017. "Better Neighbors," World Bank Publications - Books, The World Bank Group, number 25736, April.
    14. Carvallo, Oscar & Kasman, Adnan, 2017. "Convergence in bank performance: Evidence from Latin American banking," The North American Journal of Economics and Finance, Elsevier, vol. 39(C), pages 127-142.
    15. Ralph De Haas & Iman Van Lelyveld, 2014. "Multinational Banks and the Global Financial Crisis: Weathering the Perfect Storm?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 333-364, February.
    16. Andrew Powell, 2012. "The World of Forking Paths: Latin America and the Caribbean Facing Global Economic Risks," Research Department Publications 4766, Inter-American Development Bank, Research Department.
    17. Carlos Montoro & Liliana Rojas-Suarez, 2012. "Credit at times of stress: Latin American lessons from the global financial crisis," BIS Working Papers 370, Bank for International Settlements.
    18. Mejra Festić, 2015. "The Stability of the Credit Supply in the Globalized Banking Sector Environment: The Case of the EU New Member States-10," Prague Economic Papers, Prague University of Economics and Business, vol. 2015(4), pages 386-398.
    19. Stephen H. Haber & Aldo Musacchio, 2013. "These Are the Good Old Days: Foreign Entry and the Mexican Banking System," NBER Working Papers 18713, National Bureau of Economic Research, Inc.
    20. Pablo Federico, 2012. "Developing an Index of Liquidity-Risk Exposure: An Application to Latin American and Caribbean Banking Systems," Research Department Publications 4811, Inter-American Development Bank, Research Department.

  13. Cavallo, Eduardo A. & Galindo, Arturo & Izquierdo, Alejandro & Leon-Diaz, John, 2010. "The Role of Relative Price Volatility in the Efficiency of Investment Allocation," IDB Publications (Working Papers) 1975, Inter-American Development Bank.

    Cited by:

    1. Wilson Kang & Russell Smyth & Joaquin Vespignani, 2025. "The Macroeconomic Fragility of Critical Mineral Markets," Monash Economics Working Papers 2025-09, Monash University, Department of Economics.
    2. Sokolovskyi, Dmytro, 2018. "The factors inefficient allocation of investment between economies," MPRA Paper 87032, University Library of Munich, Germany.
    3. Becerra, Oscar & Cavallo, Eduardo A. & Scartascini, Carlos, 2010. "The Politics of Financial Development: The Role of Interest Groups and Government Capabilities," IDB Publications (Working Papers) 1980, Inter-American Development Bank.
    4. Wang, Yizhong & Chen, Carl R. & Chen, Lifang & Huang, Ying Sophie, 2016. "Overinvestment, inflation uncertainty, and managerial overconfidence: Firm level analysis of Chinese corporations," The North American Journal of Economics and Finance, Elsevier, vol. 38(C), pages 54-69.
    5. Peter Karpestam & Fredrik NG Andersson, 2011. "A flexible CO2 targeting regime," Economics Bulletin, AccessEcon, vol. 31(1), pages 297-308.
    6. Wang, Yizhong & Chen, Carl R. & Huang, Ying Sophie, 2014. "Economic policy uncertainty and corporate investment: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 26(C), pages 227-243.
    7. Rojas Cama, Freddy A. & Emara, Noha, 2022. "Financial inclusion and gross capital formation: A sectoral analysis approach for the MENA region and EMs," International Review of Financial Analysis, Elsevier, vol. 79(C).
    8. Wang, Yizhong & Chen, Lifang & Huang, Ying Sophie & Li, Yong, 2018. "How does credit market distortion affect corporate investment efficiency? The role of managerial forecast," Finance Research Letters, Elsevier, vol. 25(C), pages 266-273.
    9. Mariano Tommasi & María Franco Chuaire & Carlos Scartascini, 2014. "State Capacity and the Quality of Policies. Revisiting the Relationship between Openness and Government Size," Working Papers 115, Universidad de San Andres, Departamento de Economia, revised Nov 2014.
    10. Thomas L. Hogan & Daniel J. Smith, 2022. "War, money & economy: Inflation and production in the Fed and pre-Fed periods," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 15-37, March.

  14. Marcela Eslava & Arturo Galindo & Marc Hofstetter & Alejandro Izquierdo, 2010. "Scarring Recessions and Credit Constraints: Evidence from Colombian Plant Dynamics," Documentos CEDE 7711, Universidad de los Andes, Facultad de Economía, CEDE.

    Cited by:

    1. Duverger, Catherine & van Pottelsberghe de la Potterie, Bruno, 2011. "Determinants of productivity growth: Science and technology policies and the contribution of R&D," EIB Papers 9/2011, European Investment Bank, Economics Department.
    2. Giacomo Domini & Daniele Moschella, 2018. "Reallocation and productivity during the Great Recession:evidence from French manufacturing firms," LEM Papers Series 2018/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    3. Eslava, Marcela & Maffioli, Alessandro & Meléndez Arjona, Marcela, 2012. "Second-tier Government Banks and Firm Performance: Micro-Evidence from Colombia," IDB Publications (Working Papers) 3825, Inter-American Development Bank.
    4. Marcela Eslava & Xavier Freixas, 2018. "Public Development Banks and Credit Market Imperfections," Documentos de Trabajo 16726, The Latin American and Caribbean Economic Association (LACEA).
    5. Lucia Foster & Cheryl Grim & John Haltiwanger, 2014. "Reallocation in the Great Recession: Cleansing or Not?," NBER Working Papers 20427, National Bureau of Economic Research, Inc.
    6. Miriam Bruhn & Asli Demirgüç-Kunt & Dorothe Singer, 2023. "Competition and Firm Recovery Post-COVID-19," Working Papers 633, Center for Global Development.
    7. Carlos Quicazán & Diana Fernández Moreno & Dairo Estrada, 2012. "Credit determinants and its impact of firms' growth in Colombia," Temas de Estabilidad Financiera 067, Banco de la Republica de Colombia.
    8. Hallward-Driemeier, Mary & Rijkers, Bob, 2011. "Do crises catalyze creative destruction ? firm-level evidence from Indonesia," Policy Research Working Paper Series 5869, The World Bank.
    9. Uppenberg, Kristian, 2011. "Economic growth in the US and the EU: a sectoral decomposition," EIB Papers 2/2011, European Investment Bank, Economics Department.
    10. Elias Albagli & Alberto Naudon & Benjamin Garcia & Matias Tapia & Sebastian Guarda, 2019. "Job Ladders and Labor Productivity Dynamics," 2019 Meeting Papers 880, Society for Economic Dynamics.
    11. Strauss, Hubert, 2011. "Productivity and growth in Europe: Editor's introduction," EIB Papers 1/2011, European Investment Bank, Economics Department.
    12. Dávila-Ospina, Andrés O., 2023. "Hysteresis From Monetary Policy Mistakes: How Bad Could It Be?," Documentos CEDE 21003, Universidad de los Andes, Facultad de Economía, CEDE.
    13. Gareth Anderson & Rebecca Riley & Garry Young, 2019. "Distressed Banks, Distorted Decisions?," National Institute of Economic and Social Research (NIESR) Discussion Papers 503, National Institute of Economic and Social Research.
    14. Patricio Toro, 2019. "The Persistent Effect of a Credit Crunch on Output and Productivity: Technical or Allocative Efficiency?," Working Papers Central Bank of Chile 837, Central Bank of Chile.
    15. Arnold, Jens & Scarpetta, Stefano & Nicoletti, Giuseppe, 2011. "Regulation, resource reallocation and productivity growth," EIB Papers 4/2011, European Investment Bank, Economics Department.
    16. Altomonte, Carlo & Ottaviano, Gianmarco, 2011. "The role of international production sharing in EU productivity and competitiveness," EIB Papers 3/2011, European Investment Bank, Economics Department.
    17. Rafaela Bastidas & Nicolás Acosta, 2019. "Misallocation and manufacturing TFP in Ecuador: formal, semi-formal and informal firms," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-29, December.
    18. Haltiwanger, John, 2011. "Firm dynamics and productivity growth," EIB Papers 5/2011, European Investment Bank, Economics Department.

  15. AGENOR Pierre-Richard & IZQUIERDO Alejandro & FOFACK Hippolyte, 2010. "IMMPA: A Quantitative Macroeconomic Framework for the Analysis of Poverty Reduction Strategies," EcoMod2003 330700003, EcoMod.

    Cited by:

    1. Behrman, Jere R., 2009. "Analyzing the Distributional Impact of Reforms, Volume Two: A Practitioner's Guide to Pension, Health, Labor Market, Public Sector Downsizing, Taxation, Decentralization, and Macroeconomic Modeling. A," Journal of Pension Economics and Finance, Cambridge University Press, vol. 8(3), pages 396-397, July.
    2. Agenor, Pierre-Richard & Nabli, Mustapha K. & Yousef, Tarik & Jensen, Henning Tarp, 2007. "Labor market reforms, growth, and unemployment in labor-exporting countries in the Middle East and North Africa," Journal of Policy Modeling, Elsevier, vol. 29(2), pages 277-309.
    3. Rolf Maier, 2005. "Exchange Rate Regimes and Pro-Poor Growth," International Finance 0504008, University Library of Munich, Germany.
    4. Rolf Maier, 2005. "External Debt and Pro-Poor Growth," Macroeconomics 0504031, University Library of Munich, Germany.
    5. Pierre-Richard AGÉNOR & Derek H. C. CHEN & Michael GRIMM, 2010. "Linking Representative Household Models with Household Surveys for Poverty Analysis: A Comparison of Alternative Methodologies," EcoMod2004 330600002, EcoMod.
    6. Dorothée Boccanfuso & G. Rodolphe A. Missinhoun & Luc Savard, 2010. "Réformes economiques et croissance pro-pauvre : une application macro-micro aux Philippines," Recherches économiques de Louvain, De Boeck Université, vol. 76(3), pages 257-288.
    7. Pierre Richard AGÉNOR & Nihal BAYRAKTAR & Karim EL AYNAOUI, 2010. "Roads out of Poverty? Assessing the Link between Aid, Public Investment, Growth and Poverty Reduction," EcoMod2004 330600003, EcoMod.
    8. Maier, Rolf, 2005. "External Debt and Pro-Poor Growth," Proceedings of the German Development Economics Conference, Kiel 2005 23, Verein für Socialpolitik, Research Committee Development Economics.
    9. Agenor, Pierre-Richard & Aynaoui, Karim El, 2003. "Labor market policies and unemployment in Morocco : a quantitative analysis," Policy Research Working Paper Series 3091, The World Bank.
    10. Pierre-Richard Agénor, 2005. "Unemployment-Poverty Tradeoffs," Central Banking, Analysis, and Economic Policies Book Series, in: Jorge Restrepo & Andrea Tokman R. & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Edi (ed.),Labor Markets and Institutions, edition 1, volume 8, chapter 5, pages 115-165, Central Bank of Chile.
    11. Agenor,Pierre-Richard, 2003. "The mini-integrated macroeconomic model for poverty analysis : a framework for analyzing the unemployment and poverty effects of fiscal and labor market reforms," Policy Research Working Paper Series 3067, The World Bank.
    12. Aline Coudouel & Stefano Paternostro, 2006. "Analyzing the Distributional Impact of Reforms : A Practitioner’s Guide to Pension, Health, Labor Markets, Public Sector Downsizing, Taxation, Decentralization, and Macroeconomic Modeling, Volume 2," World Bank Publications - Books, The World Bank Group, number 7041, April.
    13. Alpuerto, Vida & Diao, Xinshen & Salau, Sheu & Nwafor, Manson, 2009. "Agricultural investment for growth and poverty reduction in Nigeria," NSSP working papers 1, International Food Policy Research Institute (IFPRI).
    14. Diao, Xinshen & Nwafor, Manson & Alpuerto, Vida, 2009. "Options for agricultural growth for poverty reduction in Nigeria," NSSP working papers 2, International Food Policy Research Institute (IFPRI).
    15. Diao, Xinshen & Nwafor, Manson & Alpuerto, Vida & Akramov, Kamiljon T. & Salau, Sheu, 2010. "Agricultural growth and investment options for poverty reduction in Nigeria," IFPRI discussion papers 954, International Food Policy Research Institute (IFPRI).
    16. Boeters, Stefan & Savard, Luc, 2013. "The Labor Market in Computable General Equilibrium Models," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1645-1718, Elsevier.

  16. Izquierdo, Alejandro & Romero, Randall & Talvi, Ernesto, 2008. "Booms and Busts in Latin America: The Role of External Factors," IDB Publications (Working Papers) 1612, Inter-American Development Bank.

    Cited by:

    1. Juan José Echavarría & Andrés gonzález & Enrique López & Norberto Rodríguez, 2012. "Choques internacionales reales y financieros y su impacto sobre la economía colombiana," Borradores de Economia 9884, Banco de la Republica.
    2. Franklin N. Ngwu & Chris Ogbechie & Kalu Ojah, 2019. "Growing cross-border banking in Sub-Saharan Africa and the need for a regional centralized regulatory authority," Journal of Banking Regulation, Palgrave Macmillan, vol. 20(3), pages 274-285, September.
    3. Paula Andrea Beltrán-Saavedra, 2015. "Precio del petróleo y el ajuste de las tasas de interés en las economías emergentes," Borradores de Economia 901, Banco de la Republica de Colombia.
    4. Edmund Amann & David Lawson, 2013. "International Crises And Developing Economies: Linkages And Recent Experiences," Journal of International Development, John Wiley & Sons, Ltd., vol. 25(8), pages 1035-1049, November.
    5. Prakarti Sharma & Nidhi Sharma, 2022. "An Examination of Per Capita Income Convergence in Emerging Market Economies," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 14(3), pages 319-347, September.
    6. Ambrogio Cesa-Bianchi & M. Hashem Pesaran & Alessandro Rebucci & TengTeng Xu, 2012. "China’s Emergence in the World Economy and Business Cycles in Latin America," Staff Working Papers 12-32, Bank of Canada.
    7. Julián Caballero & Andrés Fernández & Jongho Park, 2019. "On Corporate Borrowing, Credit Spreads and Economic Activity in Emerging Economies: An Empirical Investigation," Working Papers Central Bank of Chile 839, Central Bank of Chile.
    8. Juan Manuel Julio R. & Ignacio Lozano & Ligia Alba Melo B., 2012. "Quiebre estructural de la relación entre la política fiscal y el riesgo soberano en las economías emergentes: el caso colombiano," Borradores de Economia 9316, Banco de la Republica.
    9. Erdem, F. Pinar & Geyikci, Utku Bora, 2021. "Local, global and regional shocks indices in emerging exchange rate markets," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 98-113.
    10. Luis-Gonzalo Llosa, 2014. "How Do Terms of Trade Affect Productivity? The Role of Monopolistic Output Markets," Working Papers 7, Peruvian Economic Association.
    11. Javier Gómez-Pineda & Mr. Dominique M. Guillaume & Kadir Tanyeri, 2015. "Systemic Risk, Aggregate Demand, and Commodity Prices," IMF Working Papers 2015/165, International Monetary Fund.
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    Cited by:

    1. Juan José Echavarría & Andrés gonzález & Enrique López & Norberto Rodríguez, 2012. "Choques internacionales reales y financieros y su impacto sobre la economía colombiana," Borradores de Economia 9884, Banco de la Republica.
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    144. Egert Juuse & Rainer Kattel, 2015. "Implications of the Transformation of the State-Owned Banking System into System of Foreign-Owned Banks in New Member States for Macroeconomic and Financial Stability," Working papers wpaper103, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
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  18. Alejandro Izquierdo & Ernesto Talvi & Guillermo A Calvo, 2006. "Phoenix miracles in emerging markets: recovering without credit from systemic financial crises," BIS Working Papers 221, Bank for International Settlements.

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    5. Yan, Ho-don & Yang, Cheng-lang, 2008. "Foreign Capital Inflows and the Current Account Imbalance: Which Causality Direction?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 23, pages 434-461.
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    23. Charalambos P. Charalambous & Marios C. Polemidiotis, 2017. "Wage Dynamics Network: SME Credit Constraints in Cyprus During the Period 2010-2013 and Effects on Employment, Wages and Prices," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 11(2), pages 63-85, December.
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    27. Agnieszka Gehringer & Thomas Mayer, 2019. "Understanding low interest rates: evidence from Japan, Euro Area, United States and United Kingdom," Scottish Journal of Political Economy, Scottish Economic Society, vol. 66(1), pages 28-53, February.
    28. Guillermo Calvo & Fabrizio Coricelli & Pablo Ottonello, 2013. "Jobless Recoveries During Financial Crises: Is Inflation the Way Out?," NBER Working Papers 19683, National Bureau of Economic Research, Inc.
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    32. Cunha, André Moreira & Lélis, Marcos Tadeo Caputi & Prates, Daniela Magalhães, 2009. "Exchange-rate management in Brazil," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
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    35. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
    36. Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
    37. Guillermo A. Calvo & Fabrizio Coricelli & Pablo Ottonello, 2012. "Labor Market, Financial Crises and Inflation: Jobless and Wageless Recoveries," NBER Working Papers 18480, National Bureau of Economic Research, Inc.
    38. Ignacio Munyo, 2015. "The Juvenile Crime Dilemma," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 201-211, April.
    39. Costas Lapavitsas, 2019. "Political Economy of the Greek Crisis," Review of Radical Political Economics, Union for Radical Political Economics, vol. 51(1), pages 31-51, March.
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    21. Ricardo Gimeno & Juan M. Nave, 2006. "Genetic algorithm estimation of interest rate term structure," Working Papers 0634, Banco de España.
    22. Roberto Frankel & Martín Rapetti, 2010. "A Concise History of Exchange Rate Regimes in Latin America," CEPR Reports and Issue Briefs 2010-11, Center for Economic and Policy Research (CEPR).
    23. Kujal Praveen & Ruiz Juan M., 2007. "Cost Effectiveness of R&D and Strategic Trade Policy," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-35, April.
    24. Mehtap Kesriyeli & Erdal Ozmen & Serkan Yiğit, 2011. "Corporate sector liability dollarization and exchange rate balance sheet effect in Turkey," Applied Economics, Taylor & Francis Journals, vol. 43(30), pages 4741-4747.
    25. Mehtap Kesriyeli & Erdal Ozmen & Serkan Yigit, 2005. "Corporate Sector Debt Composition and Exchange Rate Balance Sheet Effect in Turkey," ERC Working Papers 0507, ERC - Economic Research Center, Middle East Technical University, revised Nov 2005.
    26. Ojonugwa Usman & Osama Mohammed Elsalih, 2018. "Testing the Effects of Real Exchange Rate Pass-Through to Unemployment in Brazil," Economies, MDPI, vol. 6(3), pages 1-13, September.
    27. Sergio Puente, 2006. "Dynamic stability in repeated games," Working Papers 0618, Banco de España.
    28. Hyunwoo Kim, 2023. "Monetary technocracy and democratic accountability: how central bank independence conditions economic voting," Review of International Political Economy, Taylor & Francis Journals, vol. 30(3), pages 939-964, May.
    29. Mourad Zmami & Ousama Ben-Salha, 2015. "Exchange rate movements and manufacturing employment in Tunisia: Do different categories of firms react similarly?," Economic Change and Restructuring, Springer, vol. 48(2), pages 137-167, May.
    30. Mario Izquierdo & Aitor Lacuesta, 2006. "Wage inequality in Spain: recent developments," Working Papers 0615, Banco de España.
    31. Moniba Sana & Um E Ammara Kousar & Aneela Akhtar Chattha, 2024. "Globalization and Labor Market: A Systematic Review of the Literature," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 892-900.
    32. Lina Cardona-Sosa & Fredy Gamboa-Estrada & Jesahel Higuera-Barajas, 2019. "Cheap employment: ¿Aumenta el empleo manufacturero con una depreciación real?," Borradores de Economia 1062, Banco de la Republica de Colombia.
    33. Navarro, Lucas, 2009. "Employment dynamics and crises in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    34. Paloma López-García & Sergio Puente, 2006. "Business demography in Spain: determinants of firm survival," Working Papers 0608, Banco de España.
    35. Arslan Razmi & Martin Rapetti & Peter Skott, 2009. "The Real Exchange Rate as an Instrument of Development Policy," UMASS Amherst Economics Working Papers 2009-07, University of Massachusetts Amherst, Department of Economics.

  20. Guillermo A. Calvo & Alejandro Izquierdo & Rudy Loo-Kung, 2005. "Relative Price Volatility Under Sudden Stops: The Relevance of Balance Sheet Effects," NBER Working Papers 11492, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bianchi, Javier, 2009. "Overborrowing and Systemic Externalities in the Business Cycle," MPRA Paper 16270, University Library of Munich, Germany.
    2. Guillermo A. Calvo & Alejandro Izquierdo & Rudy Loo-Kung, 2005. "Relative Price Volatility Under Sudden Stops: The Relevance of Balance Sheet Effects," NBER Working Papers 11492, National Bureau of Economic Research, Inc.
    3. Enrique G. Mendoza, 2006. "Endogenous Sudden Stops in a Business Cycle Model with Collateral Constraints:A Fisherian Deflation of Tobin's Q," NBER Working Papers 12564, National Bureau of Economic Research, Inc.
    4. Hutchison, Michael M. & Noy, Ilan & Wang, Lidan, 2010. "Fiscal and monetary policies and the cost of sudden stops," Journal of International Money and Finance, Elsevier, vol. 29(6), pages 973-987, October.
    5. Guillermo A. Calvo, 2008. "Crises in Emerging Markets Economies: A Global Perspective," Central Banking, Analysis, and Economic Policies Book Series, in: Kevin Cowan & Sebastián Edwards & Rodrigo O. Valdés & Norman Loayza (Series Editor) & Klaus Schmidt- (ed.),Current Account and External Financing, edition 1, volume 12, chapter 3, pages 085-115, Central Bank of Chile.
    6. Ricardo Bebczuk & Arturo Galindo & Ugo Panizza, 2010. "An Evaluation of the Contractionary Devaluation Hypothesis," Palgrave Macmillan Books, in: Hadi Salehi Esfahani & Giovanni Facchini & Geoffrey J. D. Hewings (ed.), Economic Development in Latin America, chapter 8, pages 102-117, Palgrave Macmillan.
    7. Burger, Martijn J. & Ianchovichina, Elena I., 2014. "Surges and stops in FDI flows to developing countries : does the mode of entry make a difference ?," Policy Research Working Paper Series 6771, The World Bank.
    8. Dhar, Amrita, 2021. "Identification of Extreme Capital Flows in Emerging Markets," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 359-384.
    9. Levan Efremidze & Samuel M. Schreyer & Ozan Sula, 2011. "Sudden stops and currency crises," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 3(4), pages 304-321, November.
    10. Ricardo Hausmann & Rodrigo Wagner & Francisco Rodriguez, 2006. "Growth Collapses," Growth Lab Working Papers 7, Harvard's Growth Lab.
    11. Eduardo Borensztein & Fabiano Bastos & Julián Caballero & Bernardita Piedrabuena, 2013. "Capital Flows to South America. An Overview," Papers and Proceedings 11436, Fondo Latino Americano de Reservas - FLAR.
    12. Eduardo A. Cavallo & Jeffrey Frankel, 2007. "Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality," Research Department Publications 4544, Inter-American Development Bank, Research Department.
    13. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
    14. Reinhart, Vincent & Reinhart, Carmen, 2008. "Capital Flow Bonanzas: An Encompassing View of the Past and Present," CEPR Discussion Papers 6996, C.E.P.R. Discussion Papers.
    15. Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
    16. Carmen M. Reinhart & Kenneth S. Rogoff, 2010. "From Financial Crash to Debt Crisis," NBER Working Papers 15795, National Bureau of Economic Research, Inc.
    17. Krogstrup, Signe & Tille, Cédric, 2015. "On the roles of different foreign currencies in European bank lending," Kiel Working Papers 2007, Kiel Institute for the World Economy (IfW Kiel).
    18. Reinhart, Carmen & Reinhart, Vincent, 1998. "“Some Lessons for Policy Makers Who Deal with the Mixed Blessing of Capital Inflows,”," MPRA Paper 7123, University Library of Munich, Germany.
    19. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "The Aftermath of Financial Crises," American Economic Review, American Economic Association, vol. 99(2), pages 466-472, May.
    20. Fausti, Scott W. & Qasmi, Bashir A. & Diersen, Matthew A., 2007. "Public Reporting of Fed Cattle Grid Prices: Policy Reform Consequences," Economics Staff Papers 7297, South Dakota State University, Department of Economics.
    21. Carmen M. Reinhart, 2010. "This Time is Different Chartbook: Country Histories on Debt, Default, and Financial Crises," NBER Working Papers 15815, National Bureau of Economic Research, Inc.
    22. Levy-Yeyati, Eduardo & Sturzenegger, Federico, 2007. "Fear of Appreciation," Working Paper Series rwp07-047, Harvard University, John F. Kennedy School of Government.
    23. F. Gulcin Ozkan & D. Filiz Unsal, 2012. "Global financial crisis, financial contagion and emerging markets," Discussion Papers 12/35, Department of Economics, University of York.
    24. Reinhart, Carmen, 2009. "The economic and fiscal consequences of financial crises," MPRA Paper 13025, University Library of Munich, Germany.
    25. Andreas Bachmann & Stefan Leist, 2017. "Sudden stops and output: an empirical Markov switching analysis," Empirical Economics, Springer, vol. 53(2), pages 525-567, September.
    26. 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.
    27. Alejandro Izquierdo & Ernesto Talvi & Guillermo A Calvo, 2006. "Phoenix miracles in emerging markets: recovering without credit from systemic financial crises," BIS Working Papers 221, Bank for International Settlements.
    28. Berglund, Tom & Mäkinen, Mikko, 2016. "Learning from financial crisis: the experience of Nordic banks," Bank of Finland Research Discussion Papers 30/2016, Bank of Finland.
    29. Javier Bianchi & Enrique G. Mendoza, 2010. "Overborrowing, financial crises and ‘macro-prudential’ taxes," Proceedings, Federal Reserve Bank of San Francisco, issue Oct.
    30. Doemeland,Doerte & Estevão,Marcello & Jooste,Charl & Sampi Bravo,James Robert Ezequiel & Tsiropoulos,Vasileios, 2022. "Debt Vulnerability Analysis : A Multi-Angle Approach," Policy Research Working Paper Series 9929, The World Bank.
    31. Mr. Alexander Culiuc, 2020. "Real Exchange Rate Overshooting in Large Depreciations: Determinants and Consequences," IMF Working Papers 2020/060, International Monetary Fund.
    32. Davis, J. Scott & Valente, Giorgio & van Wincoop, Eric, 2021. "Global drivers of gross and net capital flows," Journal of International Economics, Elsevier, vol. 128(C).
    33. Ms. Filiz D Unsal, 2011. "Capital Flows and Financial Stability: Monetary Policy and Macroprudential Responses," IMF Working Papers 2011/189, International Monetary Fund.
    34. J. Scott Davis & Giorgio Valente & Eric van Wincoop, 2019. "Global Capital Flows Cycle: Impact on Gross and Net Flows," NBER Working Papers 25721, National Bureau of Economic Research, Inc.
    35. Honig, Adam, 2008. "Do improvements in government quality necessarily reduce the incidence of costly sudden stops?," Journal of Banking & Finance, Elsevier, vol. 32(3), pages 360-373, March.
    36. Berglund, Tom & Mäkinen, Mikko, 2019. "Do banks learn from financial crisis? The experience of Nordic banks," Research in International Business and Finance, Elsevier, vol. 47(C), pages 428-440.
    37. Anton Korinek & Enrique G. Mendoza, 2013. "From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications," NBER Working Papers 19362, National Bureau of Economic Research, Inc.
    38. Gylfi Zoega, 2009. "A double-edged sword. High interest rates in capital-control regimes," Economics wp47, Department of Economics, Central bank of Iceland.
    39. 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.
    40. Jinjarak, Yothin, 2013. "Economic integration and government revenue from financial repression," Economic Systems, Elsevier, vol. 37(2), pages 271-283.
    41. Gabriela Contreras & Alfredo Pistelli & Mariel Siravegna, 2012. "Determinantes e Impacto de Episodios de Reversión Abrupta de Flujos de Capitales: ¿Es Distinto un Sudden Stop de un Sudden Flight?," Working Papers Central Bank of Chile 665, Central Bank of Chile.
    42. 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.
    43. Perez Caldentey, Esteban & Pineda, Ramon, 2010. "Does Latin America lag behind due to shaper recessions and/or slower recoveries?," MPRA Paper 25036, University Library of Munich, Germany.
    44. Gulcin Ozkan & Filiz Unsal, "undated". "External finance, sudden stops and financial crisis: what is different this time?," Discussion Papers 09/22, Department of Economics, University of York.
    45. Enrique G. Mendoza, 2008. "Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q," NBER Working Papers 14444, National Bureau of Economic Research, Inc.
    46. Levan Efremidze & Akinori Tomohara, 2011. "Have the Implications of Twin Deficits Changed?: Sudden Stops over Decades," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(1), pages 66-76, February.
    47. Fabrice Collard & Michel Habib & Jean-Charles Rochet, 2015. "Sovereign Debt Sustainability In Advanced Economies," Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 381-420, June.
    48. Enrique G. Mendoza, 2010. "Sudden Stops, Financial Crises, and Leverage," American Economic Review, American Economic Association, vol. 100(5), pages 1941-1966, December.
    49. Yue Ma, 2009. "External Shocks, Balance Sheet Contagion, and Speculative Attack on the Pegged Exchange Rate System," Review of Development Economics, Wiley Blackwell, vol. 13(1), pages 87-98, February.
    50. 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.
    51. Javier Santiso, 2007. "Latin America's Political Economy of the Possible: Beyond Good Revolutionaries and Free-Marketeers," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262693593, December.
    52. Chokri Zehri, 2020. "Policies for managing sudden stops," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 9-33.
    53. Michael Bleaney & Mo Tian, 2014. "Exchange Rates and Trade Balance Adjustment: A Multi-Country Empirical Analysis," Open Economies Review, Springer, vol. 25(4), pages 655-675, September.
    54. Ortiz, Alberto & Pablo, Ottonello & Sturzenegger, Federico & Talvi, Ernesto, 2007. "Monetary and Fiscal Policies in a Sudden Stop: Is Tighter Brighter?," Working Paper Series rwp07-057, Harvard University, John F. Kennedy School of Government.
    55. Cowan, Kevin & Raddatz, Claudio, 2011. "Sudden stops and financial frictions : evidence from industry level data," Policy Research Working Paper Series 5605, The World Bank.
    56. Andres Drenik, 2017. "Pricing in Multiple Currencies in Domestic Markets," 2017 Meeting Papers 1418, Society for Economic Dynamics.
    57. Alfredo Villca & Alejandro Torres-García, 2023. "Commodity price shocks and the business cycles in emerging economies: the role of banking system balance sheets," Empirical Economics, Springer, vol. 65(5), pages 2039-2063, November.
    58. Matthew Knowles, 2023. "Capital Deaccumulation and the Large Persistent Effects of Financial Crises," ECONtribute Discussion Papers Series 218, University of Bonn and University of Cologne, Germany.
    59. Ágúst Arnórsson & Gylfi Zoega, 2015. "Do Interest Rates Affect the Exchange Rate under Capital Controls? An event study of Iceland’s experience with capital controls," Economics wp70, Department of Economics, Central bank of Iceland.
    60. Martijn J. Burger & Elena I. Ianchovichina, 2017. "Surges and stops in greenfield and M&A FDI flows to developing countries: analysis by mode of entry," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(2), pages 411-432, May.
    61. Eng, Yoke-Kee & Wong, Chin-Yoong, 2016. "Asymmetric growth effect of capital flows: Evidence and quantitative theory," Economic Systems, Elsevier, vol. 40(1), pages 64-81.
    62. He, Qing & Wang, Wenqing & Yu, Jishuang, 2023. "Exchange rate co-movements and corporate foreign exchange exposures: A study on RMB," International Review of Financial Analysis, Elsevier, vol. 90(C).

  21. Díaz Alvarado, Carlos & Izquierdo, Alejandro & Panizza, Ugo, 2004. "Fiscal Sustainability in Emerging Market Countries with an Application to Ecuador," IDB Publications (Working Papers) 1536, Inter-American Development Bank.

    Cited by:

    1. Mişa Ionuț & Kagitci Meral, 2019. "An overview of the influence of some macroeconomic variables on public revenues. A panel approach for a sample of European countries," Management & Marketing, Sciendo, vol. 14(2), pages 249-265, June.
    2. Eduardo Levy Yeyati & Federico Sturzenegger, 2023. "A balance‐sheet approach to fiscal sustainability," Fiscal Studies, John Wiley & Sons, vol. 44(1), pages 61-84, March.
    3. Canagarajah, Sudharshan & Brownbridge, Martin & Paliu, Anca & Dumitru, Ionut, 2012. "The challenges to long run fiscal sustainability in Romania," Policy Research Working Paper Series 5927, The World Bank.
    4. Huixin Bi & Ms. Wenyi Shen & Ms. Susan S. Yang, 2014. "Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries," IMF Working Papers 2014/049, International Monetary Fund.
    5. International Monetary Fund, 2010. "Former Yugoslav Republic of Macedonia: Selected Issues for the 2009 Article IV Consultation," IMF Staff Country Reports 2010/020, International Monetary Fund.
    6. Alexis CRUZ-RODRÍGUEZ, 2014. "Assessing fiscal sustainability in some selected countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(6(595)), pages 7-22, June.
    7. Daniel Artana & Fernando Navajas & Marcelo Catena, 2007. "El Shock de los Precios del Petróleo en América Central: Implicancias Fiscales y Energéticas," Research Department Publications 4556, Inter-American Development Bank, Research Department.
    8. Angela I. Uwakwe, 2008. "Public Debt Management & Fiscal Sustainability in Italy," AIUB Bus Econ Working Paper Series AIUB-BUS-ECON-2008-20, American International University-Bangladesh (AIUB), Office of Research and Publications (ORP), revised Jun 2008.
    9. María Lorena Marí Del Cristo & Marta Gómez-Puig, 2013. "Fiscal dynamics in a dollarized, oil-exporting country: Ecuador," Working Papers 13-06, Asociación Española de Economía y Finanzas Internacionales.
    10. Campo Robledo, Jacobo, 2011. "Sostenibilidad fiscal: una aproximación con datos panel para 8 países Latinoaméricanos [Fiscal sustainability: A data panel approach for eight Latin American countries]," MPRA Paper 33091, University Library of Munich, Germany.
    11. Bi, Huixin & Shen, Wenyi & Yang, Shu-Chun S., 2016. "Fiscal limits in developing countries: A DSGE Approach," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 119-130.
    12. Török László, 2022. "Breakdown of Government Debt into Components in Euro Area Countries," JRFM, MDPI, vol. 15(2), pages 1-13, February.
    13. Markus Eller & Jarmila Urvová, 2012. "How Sustainable Are Public Debt Levels in Emerging Europe?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 48-79.
    14. Simarmata, Djamester A., 2007. "Keberlanjutan Fiskal di Indonesia [Fiscal Sustainability in Indonesia]," MPRA Paper 41344, University Library of Munich, Germany.
    15. Federico Sturzenegger & Nicolás Der Meguerditchian, 2022. "A Balance-Sheet Model of Fiscal Policy in Namibia," Working Papers 136, Red Nacional de Investigadores en Economía (RedNIE).
    16. Silva, Alexandre Manoel Angelo & Cândido Júnior, José Oswaldo, 2010. "É o mercado míope em relação á política fiscal brasileira?," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 64(4), December.
    17. Mr. Emanuele Baldacci & Mr. Sanjeev Gupta & Mr. Carlos Mulas-Granados, 2010. "Restoring Debt Sustainability After Crises: Implications for the Fiscal Mix," IMF Working Papers 2010/232, International Monetary Fund.

  22. Calvo, Guillermo A. & Izquierdo, Alejandro & Mejía, Luis Fernando, 2004. "On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects," IDB Publications (Working Papers) 1485, Inter-American Development Bank.

    Cited by:

    1. Bachellerie, A. & Couillault, B., 2005. "Public debt sustainability and crises in emerging market countries: a presentation of the concepts and diagnostic tools," Financial Stability Review, Banque de France, issue 6, pages 63-80, June.
    2. Cuadra Gabriel & Sapriza Horacio, 2006. "Sovereign Default, Terms of Trade and Interest Rates in Emerging Markets," Working Papers 2006-01, Banco de México.
    3. Ms. Nancy P. Marion & Mr. Robert P Flood, 2006. "Getting Shut Out of the International Capital Markets - It Doesn’t Take Much," IMF Working Papers 2006/144, International Monetary Fund.
    4. Adnan Haider & Musleh-ud Din & Ejaz Ghani, 2013. "Monetary Policy, Informality and Business Cycle Fluctuations in a Developing Economy Vulnerable to External Shocks," SBP Working Paper Series 65, State Bank of Pakistan, Research Department.
    5. Sebastian Edwards, 2009. "Sequencing of Reforms, Financial Globalization, and Macroeconomic Vulnerability," NBER Chapters, in: Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR, National Bureau of Economic Research, Inc.
    6. Gustavo Adler & Marie-Louise Djigbenou & Mr. Sebastian Sosa, 2014. "Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role?," IMF Working Papers 2014/060, International Monetary Fund.
    7. Cian Allen, 2018. "Revisiting External Imbalances: Insights from Sectoral Accounts," 2018 Papers pal913, Job Market Papers.
    8. Francisco Gallego & Geraint Jones, 2005. "Exchange Rate Interventions and Insurance: Is “Fear of Floating” a Cause For Concern?," Working Papers Central Bank of Chile 326, Central Bank of Chile.
    9. Vasco Cúrdia, 2005. "Monetary Policy under Sudden Stops," International Finance 0510025, University Library of Munich, Germany, revised 19 Dec 2005.
    10. Cavallo, Eduardo A. & Velasco, Andrés, 2006. "Quid pro Quo: National Institutions and Sudden Stops in International Capital Movements," IDB Publications (Working Papers) 1581, Inter-American Development Bank.
    11. Filippo Balestrieri & Mr. Suman S Basu, 2018. "An Imperfect Financial Union With Heterogeneous Regions," IMF Working Papers 2018/205, International Monetary Fund.
    12. Michael Frommel & Murat Midilic, 2016. "The Role of the Real Exchange Rate in Credit Growth in Central and Eastern European Countries: A Bank-Level Analysis," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 66(5), pages 426-452, October.
    13. Mr. Selim A Elekdag & Mr. Harun Alp, 2011. "The Role of Monetary Policy in Turkey During the Global Financial Crisis," IMF Working Papers 2011/150, International Monetary Fund.
    14. Mr. Mauro Mecagni & Mr. Ruben V Atoyan & Mr. David J Hofman, 2009. "The Persistence of Capital Account Crises," IMF Working Papers 2009/103, International Monetary Fund.
    15. Davide Romelli & Cristina Terra & Enrico Vasconcelos, 2015. "Current Account and Real Exchange Rate Changes: The Impact of Trade Openness," Working Papers hal-01247628, HAL.
    16. Ricardo M. Reyes-Heroles & Gabriel Tenorio, 2017. "Interest Rate Volatility and Sudden Stops : An Empirical Investigation," International Finance Discussion Papers 1209, Board of Governors of the Federal Reserve System (U.S.).
    17. Guillermo A. Calvo & Alejandro Izquierdo & Rudy Loo-Kung, 2005. "Relative Price Volatility Under Sudden Stops: The Relevance of Balance Sheet Effects," NBER Working Papers 11492, National Bureau of Economic Research, Inc.
    18. 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.
    19. Enrique G. Mendoza & Marco E. Terrones, 2012. "An Anatomy of Credits Booms and their Demise," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(2), pages 04-32, August.
    20. Fischer, Andreas M. & Greminger, Rafael P. & Grisse, Christian & Kaufmann, Sylvia, 2021. "Portfolio rebalancing in times of stress," Journal of International Money and Finance, Elsevier, vol. 113(C).
    21. Kevin Cowan & Erwin Hansen & Luis Oscar Herrera, 2005. "Currency Mismatches, Balance Sheet Effects and Hedging in Chilean non-Financial Corporations," Working Papers Central Bank of Chile 346, Central Bank of Chile.
    22. Liebig, Thilo & Porath, Daniel & Weder, Beatrice & Wedow, Michael, 2007. "Basel II and bank lending to emerging markets: Evidence from the German banking sector," Journal of Banking & Finance, Elsevier, vol. 31(2), pages 401-418, February.
    23. Fagan, Gabriel & McNelis, Paul D., 2020. "Sudden stops in the Euro Area: Does monetary union matter?," Journal of International Money and Finance, Elsevier, vol. 108(C).
    24. Calderón, César & Kubota, Megumi, 2013. "Sudden stops: Are global and local investors alike?," Journal of International Economics, Elsevier, vol. 89(1), pages 122-142.
    25. Sebastian Rondeau, 2012. "Sources of Fluctuations in Emerging Markets: Structural Estimation with Mixed Frequency Data," 2012 Meeting Papers 1156, Society for Economic Dynamics.
    26. M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006. "Financial Globalization: A Reappraisal," NBER Working Papers 12484, National Bureau of Economic Research, Inc.
    27. José Osler Alzate Mahecha, 2013. "Sudden stops in emerging markets: How to minimize their impact on GDP?," Documentos CEDE 10547, Universidad de los Andes, Facultad de Economía, CEDE.
    28. 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.
    29. Galindo, Arturo & Izquierdo, Alejandro & Montero, José Manuel, 2006. "Real Exchange Rates, Dollarization and Industrial Employment in Latin America," IDB Publications (Working Papers) 1943, Inter-American Development Bank.
    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. Edwards, Sebastian, 2007. "Capital controls, capital flow contractions, and macroeconomic vulnerability," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 814-840, September.
    32. Eduardo Cavallo & Barry Eichengreen & Ugo Panizza, 2018. "Can countries rely on foreign saving for investment and economic development?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 154(2), pages 277-306, May.
    33. Hutchison, Michael M. & Noy, Ilan & Wang, Lidan, 2010. "Fiscal and monetary policies and the cost of sudden stops," Journal of International Money and Finance, Elsevier, vol. 29(6), pages 973-987, October.
    34. Hostland, Doug & Karam, Philippe, 2006. "Assessing debt sustainability in emerging market economies using stochastic simulation methods," Policy Research Working Paper Series 3821, The World Bank.
    35. Enrique G. Mendoza & Marco E. Terrones, 2008. "An Anatomy Of Credit Booms: Evidence From Macro Aggregates And Micro Data," NBER Working Papers 14049, National Bureau of Economic Research, Inc.
    36. Guillermo A. Calvo, 2008. "Crises in Emerging Markets Economies: A Global Perspective," Central Banking, Analysis, and Economic Policies Book Series, in: Kevin Cowan & Sebastián Edwards & Rodrigo O. Valdés & Norman Loayza (Series Editor) & Klaus Schmidt- (ed.),Current Account and External Financing, edition 1, volume 12, chapter 3, pages 085-115, Central Bank of Chile.
    37. Yang, Haizhen & Shi, Fangfang & Wang, Jie & Jing, Zhongbo, 2019. "Investigating the relationship between financial liberalization and capital flow waves: A panel data analysis," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 120-136.
    38. Eduardo Borensztein & Ugo Panizza, 2010. "Do Sovereign Defaults Hurt Exporters?," Open Economies Review, Springer, vol. 21(3), pages 393-412, July.
    39. Ashima Goyal, 2010. "The Future of Financial Liberalization in South Asia," Finance Working Papers 21973, East Asian Bureau of Economic Research.
    40. Tavella, Pilar & Pedemonte, Mathieu & Powell, Andrew & Cavallo, Eduardo A., 2013. "A New Taxonomy of Sudden Stops: Which Sudden Stops Should Countries Be Most Concerned About?," IDB Publications (Working Papers) 4606, Inter-American Development Bank.
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    387. Annamaria Crescenzio & Etienne Lepers, 2025. "Extreme Capital Flow Episodes From the Global Financial Crisis to COVID-19: An Exploration With Monthly Data," Open Economies Review, Springer, vol. 36(1), pages 105-136, February.
    388. Bos, J.W.B. & Economidou, C. & Zhang, L., 2011. "Specialization in the presence of trade and financial integration: explorations of the integration-specialization nexus," Research Memorandum 026, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    389. Schclarek, Alfredo & Xu, Jiajun, 2022. "Exchange rate and balance of payment crisis risks in the global development finance architecture," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 79(C).
    390. Deng, Chuang & Xie, Jingxuan & Zhao, Xiuyi, 2023. "Analysis of the impact of global uncertainty on abnormal cross-border capital flows," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 338-346.
    391. Aizenman, Joshua & Pinto, Brian & Sushko, Vladyslav, 2011. "Financial sector ups and downs and the real sector : big hindrance, little help," Policy Research Working Paper Series 5860, The World Bank.
    392. Juan Carlos Hatchondo & Leonardo Martinez & Yasin Kürsat Önder & Francisco Roch, 2024. "Sovereign CoCos and debt forgiveness," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 24/1096, Ghent University, Faculty of Economics and Business Administration.
    393. Martijn J. Burger & Elena I. Ianchovichina, 2017. "Surges and stops in greenfield and M&A FDI flows to developing countries: analysis by mode of entry," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(2), pages 411-432, May.
    394. José Osler Alzate Mahecha, 2011. "Salidas súbitas de capital en mercados emergentes: ¿cómo minimizar el impacto sobre la economía real?," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, May.
    395. Stracca, Livio & Scheubel, Beatrice, 2016. "What do we know about the global financial safety net? Rationale, data and possible evolution," Occasional Paper Series 177, European Central Bank.
    396. Colliac, Stéphane & Lapteacru, Ion, 2008. "Three countries' debt profiles: Average maturities in Mexico, Brazil, and Russia," Journal of Multinational Financial Management, Elsevier, vol. 18(2), pages 94-111, April.
    397. de la Torre, Augusto & Didier, Tatiana & Pinat, Magali, 2014. "Can Latin America tap the globalization upside ?," Policy Research Working Paper Series 6837, The World Bank.
    398. Shankar, Rashmi, 2005. "Insurance and liquidity : panel evidence," Policy Research Working Paper Series 3648, The World Bank.
    399. Dell'Erba, Salvatore & Reinhardt, Dennis, 2015. "FDI, debt and capital controls," Journal of International Money and Finance, Elsevier, vol. 58(C), pages 29-50.
    400. Logan Rangasamy, 2014. "Capital Flows: The South African Experience," South African Journal of Economics, Economic Society of South Africa, vol. 82(4), pages 551-566, December.
    401. Beck, Roland & Rahbari, Ebrahim, 2008. "Optimal reserve composition in the presence of sudden stops: the euro and the dollar as safe haven currencies," Working Paper Series 916, European Central Bank.
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  23. Izquierdo, Alejandro & Micco, Alejandro & Panizza, Ugo & Chong, Alberto E., 2003. "Corporate Governance and Private Capital Flows to Latin America," IDB Publications (Working Papers) 1457, Inter-American Development Bank.

    Cited by:

    1. Luis H. Gutiérrez & Carlos Pombo & Rodrigo Taborda, 2005. "Ownership and Control in Colombian Corporations," Research Department Publications 3220, Inter-American Development Bank, Research Department.
    2. Luis H. Gutiérrez & Carlos Pombo & Rodrigo Taborda, 2005. "Propiedad y control en empresas colombianas," Research Department Publications 3221, Inter-American Development Bank, Research Department.

  24. Olarreaga, Marcelo & Izquierdo, Alejandro & Morisset, Jacques, 2003. "Information Diffusion in International Markets," CEPR Discussion Papers 3872, C.E.P.R. Discussion Papers.

    Cited by:

    1. Barry Eichengreen & Pipat Luengnaruemitchai, 2008. "Bond Markets as Conduits for Capital Flows: How Does Asia Compare?," NBER Chapters, in: International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, pages 267-313, National Bureau of Economic Research, Inc.
    2. Jamel Boukhatem, 2009. "Essai sur les déterminants empiriques de développement des marchés obligataires," EconomiX Working Papers 2009-32, University of Paris Nanterre, EconomiX.
    3. Philippe Martin & Thierry Mayer & Mathias Thoenig, 2008. "Make Trade Not War?," PSE-Ecole d'économie de Paris (Postprint) hal-03415798, HAL.
    4. Luis Araujo & Emanuel Ornelas, 2005. "Trust-Based Trade," IBMEC RJ Economics Discussion Papers 2005-08, Economics Research Group, IBMEC Business School - Rio de Janeiro.
    5. Jamel Boukhatem, 2009. "Essai sur les déterminants empiriques de développement des marchés obligataires," Working Papers hal-04140858, HAL.

  25. Agenor, Pierre-Richard & Izquierdo, Alejandro & Fofack, Hippolyte, 2003. "The integrated macroeconomic model for poverty analysis : a quantitative macroeconomic framework for the analysis of poverty reduction strategies," Policy Research Working Paper Series 3092, The World Bank.

    Cited by:

    1. Luc Savard & Stéphane Mussard, 2005. "Horizontal and Vertical Redistribution and Micro-simulation," Cahiers de recherche 05-03, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    2. Debowicz, Darío, 2016. "Does the microsimulation approach used in macro–micro modelling matter? An application to the distributional effects of capital outflows during Argentina's Currency Board regime," Economic Modelling, Elsevier, vol. 54(C), pages 591-599.
    3. Bayraktar, Nihal & Fofack, Hippolyte, 2007. "Specification of investment functions in Sub-Saharan Africa," Policy Research Working Paper Series 4171, The World Bank.
    4. van Ruijven, Bas J. & O’Neill, Brian C. & Chateau, Jean, 2015. "Methods for including income distribution in global CGE models for long-term climate change research," Energy Economics, Elsevier, vol. 51(C), pages 530-543.
    5. Rainer Schweickert & Rainer Thiele & Manfred Wiebelt, 2005. "Macroeconomic and Distributional Effects of Devaluation in a Dollarized Economy: A CGE Analysis for Bolivia," Ibero America Institute for Econ. Research (IAI) Discussion Papers 120, Ibero-America Institute for Economic Research.
    6. Chen,Derek Hung Chiat & Ranaweera,Thilakaratna & Storozhuk, Andriy, 2004. "The RMSM-S+P : a minimal poverty module for the RMSM-X," Policy Research Working Paper Series 3304, The World Bank.
    7. Manson Nwafor & Adeola Adenikinju & Kanayo Ogujiuba, 2007. "The Impacts of Trade Liberalization on Poverty in Nigeria: Dynamic Simulations in a CGE Model," Working Papers MPIA 2007-16, PEP-MPIA.
    8. Fofack, Hippolyte, 2009. "Determinants of globalization and growth prospects for Sub-Saharan African countries," Policy Research Working Paper Series 5019, The World Bank.

  26. Arturo Galindo & Alejandro Izquierdo, 2003. "Sudden Stops and Exchange Rate Strategies in Latin America," Research Department Publications 4327, Inter-American Development Bank, Research Department.

    Cited by:

    1. Juan José Echavarría & Andrés gonzález & Enrique López & Norberto Rodríguez, 2012. "Choques internacionales reales y financieros y su impacto sobre la economía colombiana," Borradores de Economia 9884, Banco de la Republica.
    2. 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].
    3. Cruz Rodriguez, Alexis, 2009. "Choosing and assessing exchange rate regimes: A survey of the literature," MPRA Paper 16314, University Library of Munich, Germany.
    4. Alexis CRUZ-RODRÍGUEZ, 2014. "Assessing fiscal sustainability in some selected countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(6(595)), pages 7-22, June.
    5. Cruz-Rodriguez, Alexis, 2013. "La END, el plan nacional plurianual del sector público y la sostenibilidad fiscal en la República Dominicana [The Dominican National Development Strategy (END), the National Multi-Year Public Secto," MPRA Paper 49376, University Library of Munich, Germany.
    6. Carlos A. Ibarra, 2004. "Capital Flows, Exchange Rate Regime, and Macroeconomic Performance in Mexico," WIDER Working Paper Series RP2004-27, World Institute for Development Economic Research (UNU-WIDER).
    7. Malagón González, Jonathan, 2017. "Four essays on central banking in Latin America under balance of payments dominance," Other publications TiSEM fefd7d80-acd4-4abb-b152-7, Tilburg University, School of Economics and Management.

  27. Calvo, Guillermo A. & Izquierdo, Alejandro & Talvi, Ernesto, 2003. "Sudden Stops, the Real Exchange Rate and Fiscal Sustainability: Argentina's Lessons," IDB Publications (Working Papers) 1909, Inter-American Development Bank.

    Cited by:

    1. Cavallo, Eduardo A. & Velasco, Andrés, 2006. "Quid pro Quo: National Institutions and Sudden Stops in International Capital Movements," IDB Publications (Working Papers) 1581, Inter-American Development Bank.
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    158. Barry Eichengreen & Poonam Gupta, 2017. "Cuando los flujos de capital se detienen," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 20(2), pages 004-041, August.
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Articles

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    Cited by:

    1. Ardanaz, Martín & Hübscher, Evelyne & Keefer, Philip & Sattler, Thomas, 2023. "Why Do Voters Support Procyclical Fiscal Policies? Experimental Evidence from Latin America," IDB Publications (Working Papers) 12779, Inter-American Development Bank.
    2. Puig Jorge Pablo & Porto Alberto & Vidal Juan Bautista, 2024. "Intergovernmental transfers and dynamic adjustment of subnational budgets," Asociación Argentina de Economía Política: Working Papers 4754, Asociación Argentina de Economía Política.
    3. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    4. Ardanaz, Martín & Cavallo, Eduardo A. & Izquierdo, Alejandro, 2023. "Fiscal Rules: Challenges and Reform Opportunities for Emerging Markets," IDB Publications (Working Papers) 12691, Inter-American Development Bank.
    5. Thomas Brändle & Marc Elsener, 2024. "Do fiscal rules matter? A survey of recent evidence," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 160(1), pages 1-38, December.
    6. Méndez-Vizcaíno, Juan Camilo & Moreno-Arias, Nicolás, 2023. "Constraints or Opportunities?: Labor Informality and Public Investment in Shaping Debt Limits," IDB Publications (Working Papers) 13049, Inter-American Development Bank.
    7. Sebastian Blesse & Florian Dorn & Max Lay, 2023. "Do Fiscal Rules Undermine Public Investments? A Review of Empirical Evidence," ifo Working Paper Series 393, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    8. Jakob de Haan & Bram Gootjes, 2023. "What Makes Discretionary Counter-Cyclical Fiscal Policy so Difficult? An Analysis of 32 OECD Countries," CESifo Economic Studies, CESifo Group, vol. 69(1), pages 1-20.
    9. Gerson Javier Pérez-Valbuena & Diana Ricciulli-Marín & Jaime Bonet-Morón & Gisell Katerine Barrios-Pacheco, 2024. "Situación fiscal en América Latina, 2000-2022," Documentos de trabajo sobre Economía Regional y Urbana 330, Banco de la Republica de Colombia.

  2. Ardanaz, Martín & Cavallo, Eduardo & Izquierdo, Alejandro & Puig, Jorge, 2021. "Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design," Journal of International Money and Finance, Elsevier, vol. 111(C).
    See citations under working paper version above.
  3. Cavallo, Eduardo & Galindo, Arturo & Izquierdo, Alejandro & León, John Jairo, 2013. "The role of relative price volatility in the efficiency of investment allocation," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 1-18.
    See citations under working paper version above.
  4. 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.
    See citations under working paper version above.
  5. Galindo, Arturo & Izquierdo, Alejandro & Montero, Jose Manuel, 2007. "Real exchange rates, dollarization and industrial employment in Latin America," Emerging Markets Review, Elsevier, vol. 8(4), pages 284-298, December.
    See citations under working paper version above.
  6. Guillermo A. Calvo & Alejandro Izquierdo & Ernesto Talvi, 2006. "Sudden Stops and Phoenix Miracles in Emerging Markets," American Economic Review, American Economic Association, vol. 96(2), pages 405-410, May.

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    3. Anubha Dhasmana, 2021. "Employment growth in the face of exchange rate uncertainty: The role of trade and foreign equity finance," Southern Economic Journal, John Wiley & Sons, vol. 88(1), pages 79-117, July.
    4. Finaldi Russo, Paolo & Nigro, Valentina & Pastorelli, Sabrina, 2024. "Bank lending to small firms: Metamorphosis of a financing model," International Review of Economics & Finance, Elsevier, vol. 90(C), pages 13-31.
    5. Szabó, Zsolt, 2019. "Elbátortalanodott hiteligénylők a vállalati szektorban [Discouraged borrowers in the corporate sector]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1145-1186.
    6. Hamid Raza & Gylfi Zoega & Stephen Kinsella, 2017. "Capital inflows, crisis and recovery in small open economies," Birkbeck Working Papers in Economics and Finance 1709, Birkbeck, Department of Economics, Mathematics & Statistics.
    7. Eguren Martin, Fernando, 2016. "Exchange rate regimes and current account adjustment: An empirical investigation," Journal of International Money and Finance, Elsevier, vol. 65(C), pages 69-93.
    8. Scheubel, Beatrice & Stracca, Livio, 2019. "What do we know about the global financial safety net? A new comprehensive data set," Journal of International Money and Finance, Elsevier, vol. 99(C).
    9. Janus, Jakub, 2022. "Cross-border flights to safe assets in bond markets: evidence from emerging market economies," MPRA Paper 113875, University Library of Munich, Germany.
    10. Ritschl, Albrecht & Sarferaz, Samad, 2010. "Crisis? What crisis? Currency vs. banking in the Financial Crisis of 1931," SFB 649 Discussion Papers 2010-014, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    11. Mateane, Lebogang, 2023. "Risk preferences, global market conditions and foreign debt: Is there any role for the currency composition of FX reserves?," Research in Economics, Elsevier, vol. 77(3), pages 402-418.
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    75. Villalvazo, Sergio, 2024. "FDI flows and sudden stops in small open economies," Journal of Macroeconomics, Elsevier, vol. 79(C).
    76. Thibault Libert, 2017. "Misallocation Before, During and After the Great Recession," Working papers 658, Banque de France.
    77. Vassolo, Roberto & García-Sánchez, Javier & Mesquita, Luiz, 2017. "Dinâmica competitiva e vantagem do pioneiro em recessões econômicas," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 57(1), February.
    78. Dong, Feng & Mei, Dongzhou & Xiao, Zehua, 2025. "Asset bubbles and financial frictions in small open economies☆," Journal of International Money and Finance, Elsevier, vol. 150(C).
    79. Vojislav Maksimovic & Mandy Tham & Youngsuk Yook, 2015. "Demand Shock, Liquidity Management, and Firm Growth during the Financial Crisis," Finance and Economics Discussion Series 2015-96, Board of Governors of the Federal Reserve System (U.S.).
    80. Ergun Ermisoglu & Yasin Akcelik & Arif Oduncu, 2013. "GDP Growth and Credit Data," Working Papers 1327, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    81. André A. Hofman & Patricio Valderrama, 2021. "Long Run Economic Growth Performance In Latin America – 1820–2016," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 833-869, July.
    82. Dvorkin, Maximiliano & Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2020. "News, sovereign debt maturity, and default risk," Journal of International Economics, Elsevier, vol. 126(C).
    83. Mr. Christian H Ebeke & Miss Yinqiu Lu, 2014. "Emerging Market Local Currency Bond Yields and Foreign Holdings in the Post-Lehman Period - a Fortune or Misfortune?," IMF Working Papers 2014/029, International Monetary Fund.
    84. Ginette Eramo & Roberto Felici & Paolo Finaldi Russo & Federico Signoretti, 2018. "How slow is the recovery of loans to firms in Italy?," Questioni di Economia e Finanza (Occasional Papers) 469, Bank of Italy, Economic Research and International Relations Area.
    85. Levan Efremidze & Akinori Tomohara, 2011. "Have the Implications of Twin Deficits Changed?: Sudden Stops over Decades," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(1), pages 66-76, February.
    86. World Bank, 2013. "Reviving Romania's Growth and Convergence Challenges and Opportunities : A Country Economic Memorandum," World Bank Publications - Reports 16036, The World Bank Group.
    87. Ho, Edmund Ho Cheung, 2022. "Foreign participation in local currency government bond markets in emerging Asia: Benefits and pitfalls to market stability," Journal of International Money and Finance, Elsevier, vol. 128(C).
    88. Gern, Klaus-Jürgen & Hauber, Philipp & Nickol, Philipp & Stoppok, Lucie, 2020. "Zu den Folgen der Corona-Pandemie für den Kapitalfluss in Schwellen- und Entwicklungsländer," Kiel Insight 2020.11, Kiel Institute for the World Economy (IfW Kiel).
    89. Wang, Yu & Lu, Yiming & Song, Gaoya, 2025. "Sudden stops of capital inflows, macroprudential policies, and bank systemic risk: An international investigation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 99(C).
    90. Selim Elekdag & Yiqun Wu, 2013. "Rapid Credit Growth in Emerging Markets: Boon or Boom-Bust?," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(5), pages 45-62, September.
    91. Ayyagari, Meghana & Demirgüç-Kunt, Asli & Maksimovic, Vojislav, 2021. "How common are credit-less recoveries? Firm-level evidence on the role of financial markets in crisis recovery," Journal of Corporate Finance, Elsevier, vol. 69(C).
    92. Corrado, Luisa & Rossi, Isolina, 2019. "Anatomy of credit-less recoveries," Journal of Macroeconomics, Elsevier, vol. 62(C).
    93. Sangeeta Pratap & Carlos Urrutia & Felipe Meza, 2014. "Credit, Misallocation and TFP: The case of Mexico (2003-2010)," 2014 Meeting Papers 701, Society for Economic Dynamics.
    94. Naser Yenus Nuru, 2023. "Public spending, credit market conditions and economic activity in South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 91(3), pages 394-415, September.
    95. Mr. Selim A Elekdag & Mr. Yiqun Wu, 2011. "Rapid Credit Growth: Boon or Boom-Bust?," IMF Working Papers 2011/241, International Monetary Fund.
    96. Chokri Zehri, 2020. "Policies for managing sudden stops," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 9-33.
    97. Hodula, Martin & Ngo, Ngoc Anh, 2024. "Does macroprudential policy leak? Evidence from shadow bank lending in EU countries," Economic Modelling, Elsevier, vol. 132(C).
    98. Boysen-Hogrefe, Jens & Dovern, Jonas & Gern, Klaus-Jürgen & Jannsen, Nils & van Roye, Björn & Scheide, Joachim, 2010. "Erholung der Weltkonjunktur ohne große Dynamik," Open Access Publications from Kiel Institute for the World Economy 32955, Kiel Institute for the World Economy (IfW Kiel).
    99. Leonardo Barreto, 2018. "Nonconventional monetary policy in a regime-switching model with endogenous financial crises," Documentos CEDE 16382, Universidad de los Andes, Facultad de Economía, CEDE.
    100. Carlos E. Zarazaga, 2007. "The role of total factor productivity in 'Phoenix Miracles' : insights from an emerging market crisis," Working Papers 0605, Federal Reserve Bank of Dallas.
    101. Ottonello, Pablo, 2021. "Optimal exchange-rate policy under collateral constraints and wage rigidity," Journal of International Economics, Elsevier, vol. 131(C).
    102. Ebeke, Christian & Lu, Yinqiu, 2015. "Emerging market local currency bond yields and foreign holdings – A fortune or misfortune?," Journal of International Money and Finance, Elsevier, vol. 59(C), pages 203-219.
    103. Cowan, Kevin & Raddatz, Claudio, 2011. "Sudden stops and financial frictions : evidence from industry level data," Policy Research Working Paper Series 5605, The World Bank.
    104. André Hofman & Claudio Aravena & Jorge Friedman, 2017. "Sources of Productivity and Economic Growth in Latin America and the Caribbean, 1990-2013," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 51-76, Fall.
    105. Mr. Abdul d Abiad & Mr. Giovanni Dell'Ariccia & Ms. Grace B Li, 2011. "Creditless Recoveries," IMF Working Papers 2011/058, International Monetary Fund.
    106. Felipe Meza & Sangeeta Pratap & Carlos Urrutia, 2014. "Credit, Sectoral Misallocation and TFP: The Case of Mexico 2003-2010," Working Papers 1402, Centro de Investigacion Economica, ITAM.
    107. Lahura, Erick & Vega, Hugo, 2010. "El Impulso Crediticio y el PBI en el Perú: 1992–2009," Revista Moneda, Banco Central de Reserva del Perú, issue 146, pages 8-12.
    108. Claudio Aravena F. & André A. Hofman & Luis Eduardo Escobar F., 2018. "Fuentes del crecimiento económico y la productividad en América Latina y el Caribe, 1990-2013," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 21(1), pages 034-066, April.
    109. Wang, Jian & Wu, Jason, 2021. "Is capital flow management effective? Evidence based on U.S. monetary policy shocks," Journal of International Money and Finance, Elsevier, vol. 118(C).
    110. Tan, Sook-Rei & Yeap, Xiu Wei & Li, Changtai, 2024. "International financial integration and financial stress of emerging market economies: The role of institutional quality," Emerging Markets Review, Elsevier, vol. 63(C).
    111. Juan Carlos Hatchondo & Leonardo Martinez & Yasin Kürsat Önder & Francisco Roch, 2024. "Sovereign CoCos and debt forgiveness," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 24/1096, Ghent University, Faculty of Economics and Business Administration.
    112. Stracca, Livio & Scheubel, Beatrice, 2016. "What do we know about the global financial safety net? Rationale, data and possible evolution," Occasional Paper Series 177, European Central Bank.
    113. Thomas GRJEBINE & Urszula SZCZERBOWICZ & Fabien TRIPIER, 2018. "Corporate debt structure and economic recoveries: a cross-country analysis," Rue de la Banque, Banque de France, issue 63, June.
    114. Bingbing Dong & Jieran Wu & Eric Young, 2023. "The Role of Collateral in Sudden Stop Models," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(6), pages 79-110, November.
    115. Vicondoa, Alejandro, 2019. "Monetary news in the United States and business cycles in emerging economies," Journal of International Economics, Elsevier, vol. 117(C), pages 79-90.
    116. Ho, Tai-kuang & Yeh, Kuo-chun, 2019. "Were capital flows the culprit in the Weimar economic crisis?," Explorations in Economic History, Elsevier, vol. 74(C).
    117. Christian Felzensztein & George Saridakis & Bochra Idris & Gabriel P. Elizondo, 2022. "Do economic freedom, business experience, and firm size affect internationalization speed? Evidence from small firms in Chile, Colombia, and Peru," Journal of International Entrepreneurship, Springer, vol. 20(1), pages 115-156, March.
    118. Florencia S. Airaudo & Hernán D. Seoane, 2021. "The Trend-cycle Connection," Working Papers 97, Red Nacional de Investigadores en Economía (RedNIE).

  7. Calvo, Guillermo A. & Izquierdo, Alejandro & Loo-Kung, Rudy, 2006. "Relative price volatility under Sudden Stops: The relevance of balance sheet effects," Journal of International Economics, Elsevier, vol. 69(1), pages 231-254, June.
    See citations under working paper version above.
  8. Guillermo A. Calvo & Alejandro Izquierdo, 2004. "On the empirics of Sudden Stops: the relevance of balance-sheet effects," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    See citations under working paper version above.
  9. Alejandro Izquierdo, 2002. "Sudden Stops, the Real Exchange Rate and Fiscal Sustainability in Argentina," The World Economy, Wiley Blackwell, vol. 25(7), pages 903-923, July.

    Cited by:

    1. Galindo, Arturo & Schiantarelli, Fabio, 2002. "Credit Constraints in Latin America: An Overview of the Micro Evidence," IDB Publications (Working Papers) 1438, Inter-American Development Bank.
    2. Tito Cordella & Eduardo Levy Yeyati, 2004. "Country Insurance," Econometric Society 2004 North American Summer Meetings 290, Econometric Society.
    3. Amrita Dhillon & Javier García‐Fronti & Sayantan Ghosal & Marcus Miller, 2006. "Debt Restructuring and Economic Recovery: Analysing the Argentine Swap," The World Economy, Wiley Blackwell, vol. 29(4), pages 377-398, April.
    4. Enrique G. Mendoza & Marco E. Terrones, 2012. "An Anatomy of Credits Booms and their Demise," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(2), pages 04-32, August.
    5. Mr. Sebastian Sosa, 2010. "The Influence of “Big Brothers: ” How Important are Regional Factors for Uruguay?," IMF Working Papers 2010/060, International Monetary Fund.
    6. 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.
    7. Graciela Kaminsky & Amine Mati & Nada Choueiri, 2009. "Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?," NBER Working Papers 15478, National Bureau of Economic Research, Inc.
    8. Eduardo Levy Yeyati & Federico Sturzenegger, 2023. "A balance‐sheet approach to fiscal sustainability," Fiscal Studies, John Wiley & Sons, vol. 44(1), pages 61-84, March.
    9. Frankel, Jeffrey, 2005. "Contractionary Currency Crashes In Developing Countries," Working Paper Series rwp05-017, Harvard University, John F. Kennedy School of Government.
    10. Zhang, Lei & Marcus Miller & Kannika Thampanishvong, 2003. "Learning to Forget? Contagion and Political Risk in Brazil," Royal Economic Society Annual Conference 2003 227, Royal Economic Society.
    11. C. Bora Durdu & Alex Martin & Ilknur Zer, 2020. "The Role of US Monetary Policy in Banking Crises Across the World," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(1), pages 66-107, March.
    12. Eduardo A. Cavallo & Jeffrey Frankel, 2007. "Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality," Research Department Publications 4544, Inter-American Development Bank, Research Department.
    13. Reinhart, Vincent & Reinhart, Carmen, 2008. "Capital Flow Bonanzas: An Encompassing View of the Past and Present," CEPR Discussion Papers 6996, C.E.P.R. Discussion Papers.
    14. Alberto Chong & Alejandro Izquierdo & Alejandro Micco & Ugo Panizza, 2003. "Conducción empresarial y flujos de capitales privados hacia América Latina," Research Department Publications 4324, Inter-American Development Bank, Research Department.
    15. Izquierdo, Alejandro & Micco, Alejandro & Panizza, Ugo & Chong, Alberto E., 2003. "Corporate Governance and Private Capital Flows to Latin America," IDB Publications (Working Papers) 1457, Inter-American Development Bank.
    16. Amieva-Huerta, Juan, 2003. "Federalismo fiscal: el caso de México," Seminarios y Conferencias 6620, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    17. Claudia Martínez; Rodrigo Vergara. & Rodrigo Vergara., 2009. "Debt Valuation Effects when there is Foreign Currency-Denominated Debt," Documentos de Trabajo 363, Instituto de Economia. Pontificia Universidad Católica de Chile..
    18. Fernando Tenjo & Enrique Lopez, 2003. "Credit bubble and stagnation in Colombia, 1990-2001," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 1(1), pages 151-191, December.
    19. Timothy J. Kehoe, 2003. "What can we learn from the current crisis in Argentina?," Staff Report 318, Federal Reserve Bank of Minneapolis.
    20. Alain Ize & Eduardo Levy Yeyati, 2005. "Financial De-Dollarization: Is It for Real?," Business School Working Papers isitforreal, Universidad Torcuato Di Tella.
    21. Pereira, Pedro L. Valls & Marçal, Emerson Fernandes & Martin, Diógenes Manoel Leiva & Nakamura, Wilson Toshiro, 2009. "Evaluation of contagion or interdependence in the financial crises of Asia and Latin America, considering the macroeconomic fundamentals," Textos para discussão 177, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    22. Michael Bleaney & Liliana Castilleja Vargas, 2009. "Real Exchange Rates, Valuation Effects and Growth in Emerging Markets," Open Economies Review, Springer, vol. 20(5), pages 631-643, November.
    23. Mr. V. Hugo Juan-Ramon & Emiliano Basco & Carlos Quarracino & Mr. Adolfo Barajas, 2006. "Banks During the Argentine Crisis: Were they All Hurt Equally? Did they All Behave Equally?," IMF Working Papers 2006/042, International Monetary Fund.
    24. Arturo Galindo & Fabio Schiantarelli, 2002. "Limitaciones crediticias en América Latina: panorámica general de los elementos de juicio al nivel micro," Research Department Publications 4306, Inter-American Development Bank, Research Department.
    25. Sophia Lazaretou, 2011. "Financial crises and financial market regulation: the long record of an ‘emerger’," Working Papers 140, Bank of Greece.
    26. Gómez de la O., Eduardo, 2003. "La descentralización fiscal en México," Seminarios y Conferencias 6621, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    27. Mr. Sebastian Sosa & Gustavo Adler, 2011. "Commodity Price Cycles: The Perils of Mismanaging the Boom," IMF Working Papers 2011/283, International Monetary Fund.
    28. Kanda Naknoi & YiLi Chien, 2013. "The Risk Premium and Long-Run Global Imbalances," 2013 Meeting Papers 55, Society for Economic Dynamics.
    29. Scott Regifère MOUANDAT, 2021. "dette optimale au Gabon," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 12(1), pages 132-149, June.
    30. Obstfeld, Maurice & Rogoff, Kenneth S, 2005. "The Unsustainable US Current Account Position Revisited," Center for International and Development Economics Research, Working Paper Series qt4f63x50j, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
    31. Alejandro Izquierdo & Ernesto Talvi & Guillermo A Calvo, 2006. "Phoenix miracles in emerging markets: recovering without credit from systemic financial crises," BIS Working Papers 221, Bank for International Settlements.
    32. Franklin Huaita & Manuel Agosín Trumper, 2007. "Why Should Emerging-Market Countries (Still) Concern Themselves With Capital Inflows?," Working Papers wp268, University of Chile, Department of Economics.
    33. Forslund, Kristine & Lima, Lycia & Panizza, Ugo, 2011. "The determinants of the composition of public debt in developing and emerging market countries," POLIS Working Papers 156, Institute of Public Policy and Public Choice - POLIS.
    34. Federico Sturzenegger, 2002. "Defaults in the 90´s: Factbook and Preliminary Lessons," Business School Working Papers veintidos, Universidad Torcuato Di Tella.
    35. Bernardo X. Fernández Tellería, 2006. "Dollarization hysteresis network externalities and the "Past legacy" effect: The case of Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 9(1), pages 7-64, December.
    36. Enrique Mendoza, 2002. "Why Should Emerging Economies Give Up National Currencies? A Case for Institutions Substitution," Research Department Publications 4309, Inter-American Development Bank, Research Department.
    37. Sergio V. Barone & Ricardo Descalzi & Alberto M. Díaz Cafferata, 2012. "Trade variables and Current Account “reversals”: Does the choice of definition matter? An application to Latin American countries," Revista de Economía y Estadística, Universidad Nacional de Córdoba, Facultad de Ciencias Económicas, Instituto de Economía y Finanzas, vol. 50(1), pages 123-141, Diciembre.
    38. Prados de la Escosura, Leandro, 2009. "Spain´s International Position, 1850-1913," IFCS - Working Papers in Economic History.WH wp09-09, Universidad Carlos III de Madrid. Instituto Figuerola.
    39. Federico Sturzenegger, 2002. "Toolkit for the Analysis of Debt Problems," Business School Working Papers veinte, Universidad Torcuato Di Tella.
    40. Tromben, Varinia & Martner Fanta, Ricardo, 2004. "Public debt sustainability," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    41. Figueiredo, Carlos Maurício Cabral & Nóbrega, Marcos Antônio Rios da, 2003. "The Fiscal Accountability Act: Brazil's experience," Seminarios y Conferencias 6617, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    42. Rolando H. Castañeda, 2002. "Lecciones de la Experiencia deReformas y de la Crisis Argentina para la Transición Cubana: Importancia del Proyecto Varela," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 12.
    43. Mr. Enzo Croce & Mr. V. Hugo Juan-Ramon, 2003. "Assessing Fiscal Sustainability: A Cross-Country Comparison," IMF Working Papers 2003/145, International Monetary Fund.
    44. Kevin Cowan & Eduardo Levy Yeyati & Ugo Panizza & Federico Sturzenegger, 2006. "Sovereign Debt In The Americas: New Data and Stylized Facts," Business School Working Papers 2006-09, Universidad Torcuato Di Tella.
    45. Guillermo A. Calvo & Frederic S. Mishkin, 2003. "The Mirage of Exchange Rate Regimes for Emerging Market Countries," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 99-118, Fall.
    46. Kurt Schuler, 2005. "Ignorance and Influence: U.S. Economists on Argentina's Depression of 1998–2002," Econ Journal Watch, Econ Journal Watch, vol. 2(2), pages 234-278, August.
    47. Scott Régifère Mouandat, 2021. "Optimal debt in Gabon: an analysis in term of foreign currency compositions [La dette optimale au Gabon: une analyse en termes de composition en devises]," Post-Print hal-03326826, HAL.
    48. Fujiki, Hiroshi & Watanabe, Kiyoshi, 2003. "Effects of External Debt on Domestic Resource Allocation in a Small Open Economy with Limited Access to the World Capital Market," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 21(4), pages 21-56, December.
    49. Nicolas Magud, 2002. "Currency Mismatch, Openness and Exchange Rate Regime Choice," University of Oregon Economics Department Working Papers 2004-14, University of Oregon Economics Department, revised 01 Sep 2004.
    50. Michael Bleaney, 2004. "Argentina's Currency Board Collapse: Weak Policy or Bad Luck?," The World Economy, Wiley Blackwell, vol. 27(5), pages 699-714, May.

Chapters

    Sorry, no citations of chapters recorded.

Books

  1. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152.

    Cited by:

    1. Altamirano, Alvaro & Oliveri, María Laura & Bosch, Mariano & Tapia, Waldo, 2023. "Calculating the redistributive impact of pension systems in LAC," LSE Research Online Documents on Economics 120684, London School of Economics and Political Science, LSE Library.
    2. Ardanaz, Martín & Hübscher, Evelyne & Keefer, Philip & Sattler, Thomas, 2023. "Why Do Voters Support Procyclical Fiscal Policies? Experimental Evidence from Latin America," IDB Publications (Working Papers) 12779, Inter-American Development Bank.
    3. Puig Jorge Pablo & Porto Alberto & Vidal Juan Bautista, 2024. "Intergovernmental transfers and dynamic adjustment of subnational budgets," Asociación Argentina de Economía Política: Working Papers 4754, Asociación Argentina de Economía Política.
    4. World Bank, "undated". "Recovering Growth [Recobrar el crecimiento]," World Bank Publications - Reports 36331, The World Bank Group.
    5. Balmori de la Miyar, Jose Roberto & Hoehn-Velasco, Lauren & Silverio-Murillo, Adan, 2021. "Druglords don’t stay at home: COVID-19 pandemic and crime patterns in Mexico City," Journal of Criminal Justice, Elsevier, vol. 72(C).
    6. Paola Azar & Gabriela Sicilia, 2021. "An assessment of pupil and school performance in public primary education in Uruguay," Documentos de Trabajo (working papers) 21-22, Instituto de Economía - IECON.
    7. Omar A. Guerrero & Gonzalo Castañeda, 2021. "Quantifying the coherence of development policy priorities," Development Policy Review, Overseas Development Institute, vol. 39(2), pages 155-180, March.
    8. Takahiro Yoshida & Rim Er-rbib & Morito Tsutsumi, 2019. "Which Country Epitomizes the World? A Study from the Perspective of Demographic Composition," Sustainability, MDPI, vol. 11(22), pages 1-16, November.
    9. Arenas de Mesa, Alberto & Mosqueira, Edgardo, 2023. "Institutional transformation and strengthening of Latin America’s ministries of finance: From control to the strategic use of public resources for development," Documentos de Proyectos 48846, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    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, February.
    11. Daniel Artana & Cynthia Moskovits & Jorge Puig & Ivana Templado, 2022. "Fiscal rules and the behavior of public investment: towards growth-friendly fiscal policy? The case of Argentina," SN Business & Economics, Springer, vol. 2(8), pages 1-23, August.
    12. Omar A. Guerrero & Gonzalo Casta~neda, 2019. "Quantifying the Coherence of Development Policy Priorities," Papers 1902.00430, arXiv.org.
    13. Ardanaz, Martín & Cavallo, Eduardo & Izquierdo, Alejandro & Puig, Jorge, 2021. "Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design," Journal of International Money and Finance, Elsevier, vol. 111(C).
    14. Arenas de Mesa, Alberto & Mosqueira, Edgardo, 2023. "Institutional transformation and strengthening of Latin America’s ministries of finance: From control to the strategic use of public resources for development," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 48846 edited by Eclac.
    15. António Afonso & Gabriela Baquero Fraga, 2022. "Government spending efficiency in Latin America," Working Papers REM 2022/0250, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    16. Jorge Puig & Alberto Porto, 2022. "On the fiscal behavior of subnational governments. A long-term vision for Argentina," Asociación Argentina de Economía Política: Working Papers 4588, Asociación Argentina de Economía Política.
    17. Ardanaz, Martín & Hübscher, Evelyne & Keefer, Philip & Sattler, Thomas, 2024. "Voter Responses to Fiscal Crisis: New Evidence on Preferences for Fiscal Adjustment in Emerging Markets," IDB Publications (Working Papers) 13473, Inter-American Development Bank.
    18. Ricardo Estrada & María Lombardi, 2020. "Skills and Selection into Teaching: Evidence from Latin America," Department of Economics Working Papers wp_gob_2020_10, Universidad Torcuato Di Tella.
    19. Altamirano Montoya, Álvaro & Oliveri, María Laura & Bosch, Mariano & Tapia Troncoso, Waldo, 2023. "Calculating the Redistributive Impact of Pension Systems in LAC," IDB Publications (Working Papers) 13185, Inter-American Development Bank.
    20. Banco de España, 2020. "Report on the Latin American economy. Second half of 2020," Economic Bulletin, Banco de España, issue 4/2020.
    21. Cusato Novelli, Antonio & Barcia, Giancarlo, 2021. "Sovereign Risk, Public Investment and the Fiscal Policy Stance," Journal of Macroeconomics, Elsevier, vol. 67(C).

  2. Cavallo, Eduardo A. & Serebrisky, Tomás & Frisancho, Verónica & Karver, Jonathan & Powell, Andrew & Margot, Diego & Suárez-Alemán, Ancor & Fernández-Arias, Eduardo & Marzani, Matías & Berstein, Solang, 2016. "Saving for Development: How Latin America and the Caribbean Can Save More and Better," IDB Publications (Books), Inter-American Development Bank, number 7677.

    Cited by:

    1. Andrés Fernández & Ayşe İmrohoroğlu & Cesar E. Tamayo, 2019. "Saving Rates in Latin America: A Neoclassical Perspective," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(4), pages 791-823, December.
    2. Cengiz Tunc, 2020. "The Effect of Credit Supply on House Prices: Evidence From Turkey," Housing Policy Debate, Taylor & Francis Journals, vol. 30(2), pages 228-242, March.
    3. Feng, Kuishuang & Hubacek, Klaus & Liu, Yu & Marchán, Estefanía & Vogt-Schilb, Adrien, 2018. "Managing the distributional effects of energy taxes and subsidy removal in Latin America and the Caribbean," Applied Energy, Elsevier, vol. 225(C), pages 424-436.
    4. Arturo J. Galindo & Ugo Panizza, 2017. "The Cyclicality of International Public Sector Borrowing in Developing Countries: Does the Lender Matter?," IHEID Working Papers 17-2017, Economics Section, The Graduate Institute of International Studies.
    5. María Angélica Arbeláez & Alejandro Becerra & Francisco Fernández & David Forero, 2019. "El sector comercio en Colombia y el crédito de proveedores," Informes de Investigación 17610, Fedesarrollo.
    6. Di Giannatale, Sonia & Roa, María José, 2016. "Formal Saving in Developing Economies: Barriers, Interventions, and Effects," IDB Publications (Working Papers) 8107, Inter-American Development Bank.
    7. Avellán, Leopoldo & Galindo, Arturo & Lotti, Giulia & Rodríguez Bonilla, Juan Pablo, 2022. "Bridging the Gap: Mobilization of Multilateral Development Banks in Infrastructure," IDB Publications (Working Papers) 11982, Inter-American Development Bank.
    8. Kasyanenko,Sergiy & Kenworthy,Philip George & Ruch,Franz Ulrich & Vashakmadze,Ekaterine T. & Vorisek,Dana Lauren & Wheeler,Collette Mari, 2023. "Investment in Emerging Market and Developing Economy Regions : Trends, Prospects, and Policy Options," Policy Research Working Paper Series 10369, The World Bank.
    9. Omar A. Guerrero & Gonzalo Castañeda, 2021. "Quantifying the coherence of development policy priorities," Development Policy Review, Overseas Development Institute, vol. 39(2), pages 155-180, March.
    10. Francesca Castellani & Marcelo Olarreaga & Ugo Panizza & Yue Zhou, 2018. "Investment Gaps in IDB Borrowing Countries," IHEID Working Papers 03-2018, Economics Section, The Graduate Institute of International Studies.
    11. Arenas de Mesa, Alberto & Mosqueira, Edgardo, 2023. "Institutional transformation and strengthening of Latin America’s ministries of finance: From control to the strategic use of public resources for development," Documentos de Proyectos 48846, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. Ardanaz, Martín & Izquierdo, Alejandro, 2017. "Current Expenditure Upswings in Good Times and Capital Expenditure Downswings in Bad Times?: New Evidence from Developing Countries," IDB Publications (Working Papers) 8558, Inter-American Development Bank.
    13. World Bank, 2021. "Enhancing Resilience of Low Income Workers in Brazil," World Bank Publications - Reports 36463, The World Bank Group.
    14. Madeira, Carlos, 2021. "The long term impact of Chilean policy reforms on savings and pensions," The Journal of the Economics of Ageing, Elsevier, vol. 19(C).
    15. María José Roa & Alejandra Villegas & Ignacio Garrón, 2020. "Effects of interest rate caps on microcredit: evidence from a natural experiment in Bolivia," Development Research Working Paper Series 03/2020, Institute for Advanced Development Studies.

  3. Kiguel, Miguel A. & Levy Yeyati, Eduardo & Galindo, Arturo & Panizza, Ugo & Miller, Margaret & Rojas-Suárez, Liliana & Bebczuk, Ricardo N. & López-de-Silanes, Florencio & Bernal, Olver & Auerbach, Pau, 2005. "Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report," IDB Publications (Books), Inter-American Development Bank, number 416.

    Cited by:

    1. Maria Angelica Arbelaez & Roberto Steiner & Alejandro Becerra & Daniel Wills, 2011. "Housing Tenure and Housing Demand in Colombia," Research Department Publications 4736, Inter-American Development Bank, Research Department.
    2. Sebastián Auguste & Ricardo N. Bebczuk & Ramiro Moya, 2011. "The Demand for Mortgages under Macro Volatility: The Argentine Case," Research Department Publications 4751, Inter-American Development Bank, Research Department.
    3. Arbeláez, María Angélica & Camacho, Carolina & Fajardo, Johanna, 2011. "Low-Income Housing Finance in Colombia," IDB Publications (Working Papers) 3427, Inter-American Development Bank.
    4. Christiano A. Coelho & João Manoel Pinho de Mello & Leonardo Rezende, 2007. "Are Public Banks pro-Competitive? Evidence from Concentrated Local Markets in Brazil," Textos para discussão 551, Department of Economics PUC-Rio (Brazil), revised Sep 2007.
    5. Mario Cuevas & Sigfrido Lee & Maria Isabel Bonilla, 2011. "The Missing Foundations of Housing Finance: Incomplete Markets, Fragmented Policies and Emerging Solutions in Guatemala," Research Department Publications 4750, Inter-American Development Bank, Research Department.

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