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Eswar Prasad

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. Marcos D. Chamon & Eswar S. Prasad, 2010. "Why Are Saving Rates of Urban Households in China Rising?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(1), pages 93-130, January.

    Mentioned in:

    1. The Yin and the Yang of Shadow Banking in China
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2014-09-08 17:38:23
    2. Guest Post: The puzzle of China’s rising household saving rate
      by Yves Smith in Naked capitalism on 2011-01-18 13:55:54
  2. Chamon, Marcos & Prasad, Eswar, 2007. "Why Are Saving Rates of Urban Households in China Rising?," IZA Discussion Papers 3191, Institute of Labor Economics (IZA).

    Mentioned in:

    1. The Yin and the Yang of Shadow Banking in China
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2014-09-08 17:38:23
    2. Guest Post: The puzzle of China’s rising household saving rate
      by Yves Smith in Naked capitalism on 2011-01-18 13:55:54
  3. Chinn, Menzie D. & Prasad, Eswar S., 2003. "Medium-term determinants of current accounts in industrial and developing countries: an empirical exploration," Journal of International Economics, Elsevier, vol. 59(1), pages 47-76, January.

    Mentioned in:

    1. Facts about trade deficits
      by Tyler Cowen in Marginal Revolution on 2017-04-26 17:17:57
  4. Author Profile
    1. Peers at Work
      by Matthew Kahn in Environmental and Urban Economics on 2015-01-07 05:38:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Marcos D. Chamon & Eswar S. Prasad, 2010. "Why Are Saving Rates of Urban Households in China Rising?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(1), pages 93-130, January.

    Mentioned in:

    1. Why Are Saving Rates of Urban Households in China Rising? (AEJ:MA 2010) in ReplicationWiki ()
  2. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.

    Mentioned in:

    1. New Evidence on Cyclical Variation in Average Labor Costs in the U.S. (REStat 2020) in ReplicationWiki ()

Working papers

  1. Mishra, Bineet & Prasad, Eswar, 2023. "A Simple Model of a Central Bank Digital Currency," IZA Discussion Papers 16154, Institute of Labor Economics (IZA).

    Cited by:

    1. Branch Sharon & Ward Lynsey & Wright Allan, 2023. "The Evolution of SandDollar," Intereconomics: Review of European Economic Policy, Sciendo, vol. 58(4), pages 178-184, July.
    2. Son, Jaemin & Ryu, Doojin & Webb, Robert I., 2023. "Central bank digital currency: Payment choices and commercial bank profitability," International Review of Financial Analysis, Elsevier, vol. 90(C).
    3. Lim, King Yoong & Liu, Chunping & Zhang, Shuonan, 2024. "Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting," Emerging Markets Review, Elsevier, vol. 59(C).
    4. Zhang, Runze & Li, Zhijun & Xiao, Chunqu & You, Jiwang, 2023. "New engines of economic growth: How digital currencies lead the way to growth in the era of digital economy," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1597-1617.

  2. Allen, Sarah & Capkun, Srdjan & Eyal, Ittay & Fanti, Giulia & Ford, Bryan & Grimmelmann, James & Juels, Ari & Kostiainen, Kari & Meiklejohn, Sarah & Miller, Andrew & Prasad, Eswar & Wüst, Karl & Zhang, 2020. "Design Choices for Central Bank Digital Currency: Policy and Technical Considerations," IZA Discussion Papers 13535, Institute of Labor Economics (IZA).

    Cited by:

    1. Martínez-Ventura , Constanza & Parra-Polanía, Julián A. & Mora-Arbeláez, Tatiana & Lizarazo-Cuéllar, Angélica, 2023. "Expected Macroeconomic Effects of Issuing a Retail Central Bank Digital Currency (CBDC)," Coyuntura Económica, Fedesarrollo, vol. 53, pages 151-177, December.
    2. Bhimani, Alnoor & Hausken, Kjell & Arif, Sameen, 2022. "Do national development factors affect cryptocurrency adoption?," LSE Research Online Documents on Economics 115237, London School of Economics and Political Science, LSE Library.
    3. Kaihua Qin & Liyi Zhou & Pablo Gamito & Philipp Jovanovic & Arthur Gervais, 2021. "An Empirical Study of DeFi Liquidations: Incentives, Risks, and Instabilities," Papers 2106.06389, arXiv.org, revised Oct 2021.
    4. Magin, Jana Anjali & Neyer, Ulrike & Stempel, Daniel, 2023. "The macroeconomic effects of different CBDC regimes in an economy with a heterogeneous household sector," DICE Discussion Papers 396, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    5. Ozili, Peterson K, 2023. "CBDC, Fintech and cryptocurrency for financial Inclusion and financial stability," MPRA Paper 115768, University Library of Munich, Germany.
    6. Michael Peneder, 2022. "Digitization and the evolution of money as a social technology of account," Journal of Evolutionary Economics, Springer, vol. 32(1), pages 175-203, January.
    7. Alfar, Abdelrahman J.K. & Kumpamool, Chamaiporn & Nguyen, Dung T.K. & Ahmed, Rizwan, 2023. "The determinants of issuing central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 64(C).
    8. David Chaum & Christian Grothoff & Thomas Moser, 2021. "How to Issue a Central Bank Digital Currency," Papers 2103.00254, arXiv.org.
    9. Michiel Bijlsma & Carin van der Cruijsen & Nicole Jonker & Jelmer Reijerink, 2021. "What triggers consumer adoption of CBDC?," Working Papers 709, DNB.
    10. Borgonovo, Emanuele & Caselli, Stefano & Cillo, Alessandra & Masciandaro, Donato & Rabitti, Giovanni, 2021. "Money, privacy, anonymity: What do experiments tell us?," Journal of Financial Stability, Elsevier, vol. 56(C).
    11. Emanuele Urbinati & Alessia Belsito & Daniele Cani & Angela Caporrini & Marco Capotosto & Simone Folino & Giuseppe Galano & Giancarlo Goretti & Gabriele Marcelli & Pietro Tiberi & Alessia Vita, 2021. "A digital euro: a contribution to the discussion on technical design choices," Mercati, infrastrutture, sistemi di pagamento (Markets, Infrastructures, Payment Systems) 10, Bank of Italy, Directorate General for Markets and Payment System.
    12. Chen, Hongyi & Siklos, Pierre L., 2022. "Central bank digital currency: A review and some macro-financial implications," Journal of Financial Stability, Elsevier, vol. 60(C).
    13. Hoang, Yen Hai & Ngo, Vu Minh & Bich Vu, Ngoc, 2023. "Central bank digital currency: A systematic literature review using text mining approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    14. Prasad, Eswar, 2021. "New Financial Technologies, Sustainable Development, and the International Monetary System," ADBI Working Papers 1277, Asian Development Bank Institute.
    15. Kaihua Qin & Liyi Zhou & Yaroslav Afonin & Ludovico Lazzaretti & Arthur Gervais, 2021. "CeFi vs. DeFi -- Comparing Centralized to Decentralized Finance," Papers 2106.08157, arXiv.org, revised Jun 2021.
    16. Li, Jiaqi, 2023. "Predicting the demand for central bank digital currency: A structural analysis with survey data," Journal of Monetary Economics, Elsevier, vol. 134(C), pages 73-85.
    17. Isaiah Hull & Or Sattath, 2021. "Revisiting the Properties of Money," Papers 2111.04483, arXiv.org, revised Nov 2021.
    18. Lin William Cong & Yizhou Xiao, 2021. "Categories and Functions of Crypto-Tokens," Springer Books, in: Maurizio Pompella & Roman Matousek (ed.), The Palgrave Handbook of FinTech and Blockchain, edition 1, chapter 0, pages 267-284, Springer.
    19. Marc Sanchez-Roger & Esther Puyol-Antón, 2021. "Digital Bank Runs: A Deep Neural Network Approach," Sustainability, MDPI, vol. 13(3), pages 1-18, February.
    20. Ngo, Vu Minh & Van Nguyen, Phuc & Nguyen, Huan Huu & Thi Tram, Huong Xuan & Hoang, Long Cuu, 2023. "Governance and monetary policy impacts on public acceptance of CBDC adoption," Research in International Business and Finance, Elsevier, vol. 64(C).
    21. Guizhou Wang & Kjell Hausken, 2021. "Governmental Taxation of Households Choosing between a National Currency and a Cryptocurrency," Games, MDPI, vol. 12(2), pages 1-24, April.
    22. Alexandra Mitschke, 2021. "Central Bank Digital Currencies and Monetary Policy Effectiveness in the Euro Area," Working Papers Dissertations 74, Paderborn University, Faculty of Business Administration and Economics.
    23. Juhro, Solikin M. & Syarifuddin, Ferry & Sakti, Ali, 2022. "Inclusive Welfare: On The Role of Islamic Public-Social Finance and Monetary Economics," MPRA Paper 113788, University Library of Munich, Germany.
    24. Zhang, Runze & Li, Zhijun & Xiao, Chunqu & You, Jiwang, 2023. "New engines of economic growth: How digital currencies lead the way to growth in the era of digital economy," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1597-1617.
    25. Pangyue Cheng, 2023. "Decoding the rise of Central Bank Digital Currency in China: designs, problems, and prospects," Journal of Banking Regulation, Palgrave Macmillan, vol. 24(2), pages 156-170, June.
    26. Bineet Mishra & Eswar S. Prasad, 2023. "A Simple Model of a Central Bank Digital Currency," NBER Working Papers 31198, National Bureau of Economic Research, Inc.
    27. Yungui Chen & Li Feng & Qinglin Zhao & Liwei Tian & Lei Yang, 2024. "ARS-Chain: A Blockchain-Based Anonymous Reputation-Sharing Framework for E-Commerce Platforms," Mathematics, MDPI, vol. 12(10), pages 1-18, May.

  3. Kose, M. Ayhan & Ha, Jongrim & Otrok, Christopher & Prasad, Eswar, 2020. "Global Macro-Financial Cycles and Spillovers," CEPR Discussion Papers 14404, C.E.P.R. Discussion Papers.

    Cited by:

    1. Rebucci, Alessandro & Acalin, Julien, 2020. "Global Business and Financial Cycles: A Tale of Two Capital Account Regimes," CEPR Discussion Papers 15190, C.E.P.R. Discussion Papers.
    2. Houssa, Romain & Mohimont, Jolan & Otrok, Christopher, 2023. "Commodity exports, financial frictions, and international spillovers," European Economic Review, Elsevier, vol. 158(C).
    3. Xin Tian & Jan Jacobs & Jakob de Haan, 2022. "Alternative Measures for the Global Financial Cycle: Do They Make a Difference?," CESifo Working Paper Series 9730, CESifo.
    4. Lorenzo Pozzi, "undated". "Housing returns and intertemporal substitution in consumption: estimates for industrial economies," Tinbergen Institute Discussion Papers 22-044/VI, Tinbergen Institute.
    5. Georgios Georgiadis & Martina Jancokova, 2017. "Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks," Globalization Institute Working Papers 314, Federal Reserve Bank of Dallas.
    6. Misha van Beek, 2020. "Consistent Calibration of Economic Scenario Generators: The Case for Conditional Simulation," Papers 2004.09042, arXiv.org.
    7. Herculano, Miguel C. & Lütkebohmert, Eva, 2023. "Investor sentiment and global economic conditions," Journal of Empirical Finance, Elsevier, vol. 73(C), pages 134-152.

  4. Isha Agarwal & Grace Weishi Gu & Eswar S. Prasad, 2019. "China’s Impact on Global Financial Markets," NBER Working Papers 26311, National Bureau of Economic Research, Inc.

    Cited by:

    1. Zheng Liu & Mark M. Spiegel & Jingyi Zhang, 2020. "Optimal Capital Account Liberalization in China," Working Paper Series 2018-10, Federal Reserve Bank of San Francisco.
    2. Laura Alfaro & Fabio Kanczuk, 2022. "Undisclosed Debt Sustainability," AEA Papers and Proceedings, American Economic Association, vol. 112, pages 521-525, May.
    3. Liu, Renliang & Sheng, Liugang & Wang, Jian, 2023. "Faking trade for capital control evasion: Evidence from dual exchange rate arbitrage in China," Journal of International Money and Finance, Elsevier, vol. 138(C).

  5. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, Institute of Labor Economics (IZA).

    Cited by:

    1. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.
    2. Mitra, Aruni, 2021. "The Productivity Puzzle and the Decline of Unions," MPRA Paper 110102, University Library of Munich, Germany.

  6. Prasad, Eswar & Zhang, Boyang, 2015. "Distributional Effects of Monetary Policy in Emerging Market Economies," IZA Discussion Papers 9272, Institute of Labor Economics (IZA).

    Cited by:

    1. André Marine Charlotte & Medina Espidio Sebastián, 2022. "Optimal Robust Monetary Policy in a Small Open Economy," Working Papers 2022-17, Banco de México.
    2. Robert Jarrow & Sujan Lamichhane, 2020. "The Effects of Yield Control Monetary Policy: A Helicopter Money Drop to Financial Institutions," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-38, March.
    3. Jolan Mohimont, 2019. "Welfare effects of business cycles and monetary policies in a small open emerging economy," Working Paper Research 376, National Bank of Belgium.
    4. Ning Zhang, 2017. "Two-way capital flows: A risk-sharing approach," Working Papers 2019_09, Business School - Economics, University of Glasgow.
    5. Chen, Sihao & Devereux, Michael B. & Shi, Kang & Xu, Juanyi, 2023. "Consumption heterogeneity and monetary policy in an open economy," Journal of Monetary Economics, Elsevier, vol. 140(C), pages 1-15.
    6. Gabriela Cugat, 2019. "Emerging markets, household heterogeneity, and exchange rate policy," 2019 Meeting Papers 526, Society for Economic Dynamics.
    7. Tara Iyer, 2016. "Optimal Monetary Policy in an Open Emerging Market Economy," Working Paper Series WP-2016-6, Federal Reserve Bank of Chicago.
    8. Zhandos Ybrayev, 2022. "Distributional Consequences of Monetary Policy in Emerging Economies: Dollarization, Domestic Inflation, and Income Divergence," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(2), pages 186-210, June.
    9. Jolan Mohimont & Maite de Sola Perea & Marie-Denise Zachary, 2022. "Softening the blow: Job retention schemes in the pandemic," Working Paper Research 414, National Bank of Belgium.

  7. Rahul Anand & Mr. Eswar S Prasad & Boyang Zhang, 2015. "What Measure of Inflation Should a Developing Country Central Bank Target?," IMF Working Papers 2015/205, International Monetary Fund.

    Cited by:

    1. Pierre JACQUET & Alexis ATLANI & Marwan LISSER, 2017. "Policy responses to terms of trade shocks," Working Papers P205, FERDI.
    2. Erten Bilge & Tuzcuoglu Kerem, 2018. "Output Effects of Global Food Commodity Shocks," Journal of Globalization and Development, De Gruyter, vol. 9(1), pages 1-18, June.
    3. Gupta, Sargam, 2024. "Inefficient shocks and optimal monetary policy," Economic Modelling, Elsevier, vol. 135(C).
    4. William Ginn & Marc Pourroy, 2022. "The Contribution of Food Subsidy Policy to Monetary Policy in India," Post-Print hal-02944209, HAL.
    5. William Ginn & Marc Pourroy, 2020. "Should a central bank react to food inflation? Evidence from an estimated model for Chile," Post-Print hal-03579680, HAL.
    6. Oskolkov, Aleksei, 2023. "Exchange rate policy and heterogeneity in small open economies," Journal of International Economics, Elsevier, vol. 142(C).
    7. Maha Kalai & Thouraya Boujelbene Dammak, 2017. "Core Inflation Measure and Its Effect on Economic Growth and Employment in Tunisia," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 20(66), pages 153-179, December.
    8. Barnett, William A. & Wang, Chan & Wang, Xue & Wu, Liyuan, 2018. "What inflation measure should a currency union target?," MPRA Paper 87035, University Library of Munich, Germany.
    9. Nepal Rastra Bank Research Department NRB, 2017. "Optimal Inflation Rate for Nepal," Working Papers id:12120, eSocialSciences.
    10. Eswar Prasad & Boyang Zhang, 2015. "Distributional Effects of Monetary Policy in Emerging Market Economies," NBER Working Papers 21471, National Bureau of Economic Research, Inc.
    11. Benjamin Carton & Dramane Coulibaly & Marc Pourroy, 2016. "Food prices and inflation targeting in emerging economies," Post-Print hal-01386045, HAL.
    12. Pierre JACQUET & Alexis ATLANI & Marwan LISSER, 2017. "Policy responses to terms of trade shocks," Working Papers P205, FERDI.
    13. Ou, Shengliang & Zhang, Donghai & Zhang, Renbin, 2021. "Information frictions, monetary policy, and the paradox of price flexibility," Journal of Monetary Economics, Elsevier, vol. 120(C), pages 70-82.
    14. Damian Romero, 2022. "Market Incompleteness, Consumption Heterogeneity and Commodity Price Shocks," Working Papers Central Bank of Chile 950, Central Bank of Chile.
    15. Ha,Jongrim & Ivanova,Anna & Ohnsorge,Franziska Lieselotte & Unsal Portillo Ocando,Derya Filiz, 2019. "Inflation : Concepts, Evolution, and Correlates," Policy Research Working Paper Series 8738, The World Bank.
    16. Imran H. Shah & Simón Sosvilla‐Rivero, 2021. "Incorporating asset price stability in the European Central Bank's inflation targeting framework," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2022-2043, April.
    17. Bhattacharya, Rudrani & Jain, Richa, 2020. "Can monetary policy stabilise food inflation? Evidence from advanced and emerging economies," Economic Modelling, Elsevier, vol. 89(C), pages 122-141.
    18. Parker, Miles, 2017. "Global inflation: the role of food, housing and energy prices," Working Paper Series 2024, European Central Bank.
    19. Abdul-Aziz Iddrisu & Imhotep Paul Alagidede, 2021. "Asymmetry in food price responses to monetary policy: a quantile regression approach," SN Business & Economics, Springer, vol. 1(3), pages 1-25, March.
    20. Bhattacharya. Rudrani, 2017. "Effectiveness of monetary policy in stabilising food inflation: Evidence from advanced and emerging economies," Working Papers 17/209, National Institute of Public Finance and Policy.
    21. Nepal Rastra Bank, 2017. "Optimal Inflation Rate for Nepal," NRB Economic Review, Nepal Rastra Bank, Economic Research Department, vol. 29(1), pages 1-18, April.
    22. Iddrisu, Abdul-Aziz & Alagidede, Imhotep Paul, 2020. "Monetary policy and food inflation in South Africa: A quantile regression analysis," Food Policy, Elsevier, vol. 91(C).
    23. Choudary Ihtasham Ali & Sami Ullah & Umar Ijaz Ahmed & Abd Ur Rehman & Hafiz Zahid Mehmood & Mudassar Yasin & Mohsin Raza, 2023. "Short and Long Run Effects of Monetary Policy on Food Inflation: A Study of Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 5(2), pages 146-154.
    24. Simranjeet Kaur, 2023. "A Decade of Impact of Monetary Policy on Food Inflation: An Overview and Future Direction," Vision, , vol. 27(4), pages 498-509, August.
    25. Tiziano Distefano & Francesco Laio & Luca Ridolfi & Stefano Schiavo, 2018. "Shock transmission in the International Food Trade Network," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-15, August.
    26. Gilles Dufrénot & William Ginn & Marc Pourroy, 2023. "ENSO Climate Patterns on Global Economic Conditions," Working Papers hal-04064759, HAL.
    27. Blanco, Cesar & Diz, Sebastian, 2021. "Optimal monetary policy with non-homothetic preferences," MPRA Paper 107427, University Library of Munich, Germany.
    28. Eliana R. González-Molano & Ramón Hernández-Ortega & Edgar Caicedo-García & Nicolás Martínez-Cortés & Jose Vicente Romero & Anderson Grajales-Olarte, 2020. "Nueva Clasificación del BANREP de la Canasta del IPC y revisión de las medidas de Inflación Básica en Colombia," Borradores de Economia 1122, Banco de la Republica de Colombia.
    29. Ginn, William & Pourroy, Marc, 2019. "Optimal monetary policy in the presence of food price subsidies," Economic Modelling, Elsevier, vol. 81(C), pages 551-575.
    30. Asharani Samal & Phanindra Goyari, 2022. "Does Monetary Policy Stabilise Food Inflation in India? Evidence From Quantile Regression Analysis," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(3), pages 361-372, September.
    31. Rafael Portillo & Luis-Felipe Zanna & Stephen O’Connell & Richard Peck, 2016. "Implications of food subsistence for monetary policy and inflation," Oxford Economic Papers, Oxford University Press, vol. 68(3), pages 782-810.
    32. Bicchal, Motilal, 2022. "Central bank credibility and its effect on stabilization," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 73-94.
    33. Helder Ferreira de Mendonça & Natália Ferreira Trigo, 2024. "What is the effect of imported inflation and central bank credibility on the poor and rich?," Applied Economics, Taylor & Francis Journals, vol. 56(21), pages 2520-2543, May.
    34. Alex, Dony, 2021. "Anchoring of inflation expectations in large emerging economies," The Journal of Economic Asymmetries, Elsevier, vol. 23(C).
    35. Ryan Niladri Banerjee & Aaron Mehrotra, 2018. "Deflation expectations," BIS Working Papers 699, Bank for International Settlements.
    36. Emiliano Alvarez & Juan Gabriel Brida & Pablo Mones, 2024. "On the Dynamics of Relative Prices and the Relationship with Inflation: An Empirical Approach," Computational Economics, Springer;Society for Computational Economics, vol. 63(1), pages 339-355, January.
    37. Górajski, Mariusz & Kuchta, Zbigniew & Leszczyńska-Paczesna, Agnieszka, 2023. "Price-setting heterogeneity and robust monetary policy in a two-sector DSGE model of a small open economy," Economic Modelling, Elsevier, vol. 122(C).

  8. Karolyi, G. Andrew & Ng, David T. & Prasad, Eswar, 2015. "The Coming Wave: Where Do Emerging Market Investors Put Their Money?," IZA Discussion Papers 9405, Institute of Labor Economics (IZA).

    Cited by:

    1. Karolyi, G. Andrew, 2016. "The gravity of culture for finance," Journal of Corporate Finance, Elsevier, vol. 41(C), pages 610-625.
    2. Mr. Eugenio M Cerutti & Catherine Koch & Swapan-Kumar Pradhan, 2020. "Banking Across Borders: Are Chinese Banks Different?," IMF Working Papers 2020/249, International Monetary Fund.
    3. Franziska Hunnekes & Maximilian Konradt & Moritz Schularick & Christoph Trebesch & Julian Wingenbach, 2023. "Exportweltmeister- Germany's Foreign Investment Returns in International Comparison," IHEID Working Papers 03-2023, Economics Section, The Graduate Institute of International Studies.
    4. Zhang, Wei & Li, Yi, 2021. "Do visiting monks give better sermons? An analysis of the foreign experience of Chinese fund managers," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    5. Gurnain Pasricha & Matteo Falagiarda & Martin Bijsterbosch & Joshua Aizenman, 2015. "Domestic and Multilateral Effects of Capital Controls in Emerging Markets," Staff Working Papers 15-37, Bank of Canada.
    6. Drobetz, Wolfgang & Mönkemeyer, Marwin & Requejo, Ignacio & Schröder, Henning, 2023. "Foreign bias in institutional portfolio allocation: The role of social trust," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 233-269.
    7. Adams-Kane, Jonathon & Lopez, Claude & Wilhelmus, Jakob, 2016. "2016 Global Opportunity Index," MPRA Paper 73720, University Library of Munich, Germany.
    8. Erdal Özmen & Fatma Taşdemir, 2018. "Gross Capital Inflows And Outflows: Twins Or Distant Cousins?," ERC Working Papers 1807, ERC - Economic Research Center, Middle East Technical University, revised Apr 2018.
    9. Socaciu Erzsébet-Mirjám, 2023. "The Nexus Between Foreign Portfolio Diversification and Kinship," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 68(2), pages 1-16, August.
    10. Li, Wei & Wang, Xin & Zhang, Haofei, 2024. "The role of distance and financial development: Evidence from international financial markets," International Review of Financial Analysis, Elsevier, vol. 92(C).
    11. Socaciu, Erzsébet-Mirjám & Nagy, Bálint-Zsolt & Benedek, Botond, 2023. "No place like home: Home bias and flight-to-quality in Group of Seven countries," Economic Modelling, Elsevier, vol. 129(C).
    12. Jagannathan, Murali & Jiao, Wei & Karolyi, G. Andrew, 2022. "Is there a home field advantage in global markets?," Journal of Financial Economics, Elsevier, vol. 143(2), pages 742-770.
    13. Luo, Mancy, 2017. "Essays in financial intermediation and political economy," Other publications TiSEM 146f40d3-6c89-4c6d-8fea-1, Tilburg University, School of Economics and Management.

  9. Prasad, Eswar, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," IZA Discussion Papers 7777, Institute of Labor Economics (IZA).

    Cited by:

    1. Rahul Anand & Mr. Eswar S Prasad & Boyang Zhang, 2015. "What Measure of Inflation Should a Developing Country Central Bank Target?," IMF Working Papers 2015/205, International Monetary Fund.
    2. Aaron Mehrotra & James Yetman, 2014. "Financial inclusion and optimal monetary policy," BIS Working Papers 476, Bank for International Settlements.
    3. Eswar Prasad & Boyang Zhang, 2015. "Distributional Effects of Monetary Policy in Emerging Market Economies," NBER Working Papers 21471, National Bureau of Economic Research, Inc.
    4. Robert Jarrow & Sujan Lamichhane, 2020. "The Effects of Yield Control Monetary Policy: A Helicopter Money Drop to Financial Institutions," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-38, March.
    5. Goodness C. Aye & Laurence Harris, 2019. "The effect of real exchange rate volatility on income distribution in South Africa," WIDER Working Paper Series wp-2019-29, World Institute for Development Economic Research (UNU-WIDER).
    6. Aurazo, Jose & Vega, Milton, 2021. "Why people use digital payments: Evidence from micro data in Peru," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(4).
    7. Chakrabarti, Anindya S., 2015. "Inflationary effects of monetary policies in newly industrialized economies with cross-sectoral labor and capital immobility," IIMA Working Papers WP2015-08-07, Indian Institute of Management Ahmedabad, Research and Publication Department.
    8. Tara Iyer, 2016. "Optimal Monetary Policy in an Open Emerging Market Economy," Working Paper Series WP-2016-6, Federal Reserve Bank of Chicago.
    9. Louis Rouanet & Peter Hazlett, 2023. "The redistributive politics of monetary policy," Public Choice, Springer, vol. 194(1), pages 1-26, January.
    10. Chakrabarti, Anindya S., 2016. "Inflationary effects of monetary policies in newly industrialized economies with cross-sectoral labor and capital immobility," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 151-167.
    11. Gasmi, Farid & Aurazo, Jose, 2022. "Labor informality and financial inclusion transitions: Evidence from Peru," TSE Working Papers 22-1349, Toulouse School of Economics (TSE).
    12. Ms. Louise Fox, 2015. "Are African Households Heterogeneous Agents?: Stylized Facts on Patterns of Consumption, Employment, Income and Earnings for Macroeconomic Modelers," IMF Working Papers 2015/102, International Monetary Fund.
    13. khan, sajawal, 2018. "Business Cycle Fluctuations: why are so undesirable?," MPRA Paper 93172, University Library of Munich, Germany, revised 12 Jan 2019.

  10. G. Andrew Karolyi & David T. Ng & Eswar S. Prasad, 2013. "The Coming Wave," Working Papers 082013, Hong Kong Institute for Monetary Research.

    Cited by:

    1. Joyce, Joseph, 2016. "Partners, Not Debtors: The External Liabilities of Emerging Market Economies," MPRA Paper 73880, University Library of Munich, Germany.
    2. G. Andrew Karolyi & David T. Ng & Eswar S. Prasad, 2015. "The Coming Wave: Where Do Emerging Market Investors Put Their Money?," NBER Working Papers 21661, National Bureau of Economic Research, Inc.
    3. Batten, Jonathan A. & Vo, Xuan Vinh, 2015. "Foreign ownership in emerging stock markets," Journal of Multinational Financial Management, Elsevier, vol. 32, pages 15-24.

  11. Prasad, Eswar & Ye, Lei (Sandy), 2012. "The Renminbi's Role in the Global Monetary System," IZA Discussion Papers 6335, Institute of Labor Economics (IZA).

    Cited by:

    1. Hu, Genhua & Wang, Xiangjin & Qiu, Hong, 2023. "Analyzing a dynamic relation between RMB exchange rate onshore and offshore during the extreme market conditions," International Review of Economics & Finance, Elsevier, vol. 85(C), pages 408-417.
    2. Chang Shu & Dong He & Xiaoqiang Cheng, 2014. "One currency, two markets: the renminbi’s growing influence in Asia-Pacific," BIS Working Papers 446, Bank for International Settlements.
    3. Steven Wei Ho & Ji Zhang & Hao Zhou, 2018. "Hot Money and Quantitative Easing: The Spillover Effects of U.S. Monetary Policy on the Chinese Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(7), pages 1543-1569, October.
    4. Benjamin J. Cohen & Tabitha M. Benney, 2014. "What does the international currency system really look like?," Review of International Political Economy, Taylor & Francis Journals, vol. 21(5), pages 1017-1041, October.
    5. Ronald McKinnon & Gunther Schnabl, 2014. "China's Exchange Rate and Financial Repression: The Conflicted Emergence of the RMB as an International Currency," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(3), pages 1-35, July.
    6. Cruz, Prince Christian & Gao, Yuning & Song, Lei Lei, 2014. "The People’s Republic of China’s Financial Markets: Are They Deep and Liquid Enough for Renminbi Internationalization?," ADBI Working Papers 477, Asian Development Bank Institute.
    7. Reuven Glick & Michael M. Hutchison, 2013. "China’s Financial Linkages with Asia and the Global Financial Crisis," Working Paper Series 2013-12, Federal Reserve Bank of San Francisco.
    8. Ronald Ian McKinnon & Gunther Schnabl, 2014. "China's Exchange Rate and Financial Repression: The Conflicted Emergence of the Renminbi as an International Currency," CESifo Working Paper Series 4649, CESifo.
    9. Robert R. Bianchi, 2013. "China–Middle East Relations in Light of Obama’s Pivot to the Pacific," China Report, , vol. 49(1), pages 103-118, February.
    10. Eswar Prasad & Lei Ye, 2013. "The Renminbi's Prospects as a Global Reserve Currency," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 563-570, Fall.
    11. Kristina Spantig, 2015. "International monetary policy spillovers—can the RMB and the euro challenge the hegemony of the US dollar?," Asia Europe Journal, Springer, vol. 13(4), pages 459-478, December.
    12. Ulrich Volz, 2014. "RMB Internationalisation and Currency Cooperation in East Asia," Financial and Monetary Policy Studies, in: Frank Rövekamp & Hanns Günther Hilpert (ed.), Currency Cooperation in East Asia, edition 127, pages 57-81, Springer.
    13. Menzie Chinn, 2015. "Emerging Market Economies and the Next Reserve Currencies," Open Economies Review, Springer, vol. 26(1), pages 155-174, February.
    14. Daniel Poon, 2014. "China’s Development Trajectory: A Strategic Opening for Industrial Policy in the South," UNCTAD Discussion Papers 218, United Nations Conference on Trade and Development.
    15. Wan Sallha Yusoff & Mohd Fairuz Md. Salleh & Azlina Ahmad & Norida Basnan, 2016. "Financial Hegemony, Diversification Strategies and the Firm Value of Top 30 FTSE Companies in Malaysia," Asian Social Science, Canadian Center of Science and Education, vol. 12(3), pages 1-14, March.

  12. Brunnermeier, Markus & De Gregorio, José & Eichengreen, Barry & El-Erian, Mohamed & Fraga, Arminio & Ito, Takatoshi & Lane, Philip R. & Pisani-Ferry, Jean & Prasad, Eswar & Rajan, Raghuram & Ramos, Ma, 2012. "Banks and cross-border capital flows: challenges and regulatory responses," LSE Research Online Documents on Economics 102439, London School of Economics and Political Science, LSE Library.

    Cited by:

    1. Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2018. "Taming the Tide of Capital Flows: A Policy Guide," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262037165, December.
    2. Axel Jochem & Stefan Reitz, 2017. "The role of global financial conditions for credit supply in EMU periphery countries," Applied Economics Letters, Taylor & Francis Journals, vol. 24(10), pages 727-731, June.
    3. Jean-Christophe Poutineau & Gauthier Vermandel, 2018. "Global banking and the conduct of macroprudential policy in a monetary union," Post-Print halshs-01525396, HAL.
    4. Xu, Ying & La, Hai Anh, 2016. "Spillovers of the United States’ Unconventional Monetary Policy to Emerging Asia: The Bank Lending Channel," ADBI Working Papers 619, Asian Development Bank Institute.
    5. Kyriakos C. Neanidis, 2015. "Volatile Capital Flows and Economic Growth: The Role of Macro-prudential Regulation," Centre for Growth and Business Cycle Research Discussion Paper Series 215, Economics, The University of Manchester.
    6. Konstantin Makrelov, 2019. "Capital flow reversal and impacts through the financial sector," Occasional Bulletin of Economic Notes 9479, South African Reserve Bank.
    7. Dong He & Eric Wong & Andrew Tsang & Kelvin Ho, 2015. "Asynchronous Monetary Policies and International Dollar Credit," Working Papers 192015, Hong Kong Institute for Monetary Research.
    8. Audrey Allegret-Sallenave & Jean-Pierre Allegret, 2015. "Capital Flows and Boom-Bust Cycle in Emerging Europe. Responses to the volatile fi nancial global context," Post-Print hal-03574763, HAL.
    9. Mr. Atish R. Ghosh & Mahvash S Qureshi & Naotaka Sugawara, 2014. "Regulating Capital Flows at Both Ends: Does it Work?," IMF Working Papers 2014/188, International Monetary Fund.
    10. Bruno Bonizzi, 2013. "Capital Flows to Emerging Markets: An alternative Theoretical Framework," Working Papers 186, Department of Economics, SOAS University of London, UK.
    11. Bruno Bonizzi & Christina Laskaridis & Jan Toporowski, 2015. "Developing Countries’ External Debt and International Financial Integration," Working papers wpaper121, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    12. Thorsten Janus & Daniel Riera-Crichton, 2016. "Banking crises, external crises and gross capital flows," Globalization Institute Working Papers 273, Federal Reserve Bank of Dallas.
    13. Gardberg, Malin, 2018. "Linking Net Foreign Portfolio Debt and Equity to Exchange Rate Movements," Working Paper Series 1246, Research Institute of Industrial Economics.
    14. Boysen-Hogrefe, Jens & Fiedler, Salomon & Groll, Dominik & Kooths, Stefan & Reitz, Stefan & Stolzenburg, Ulrich, 2016. "Konjunktur im Euroraum im Frühjahr 2016 - Euroraum: Erholung zunächst von Unsicherheit belastet [Euro Area Economy Spring 2016 - Euro Area: Uncertainty weighs temporarily on recovery]," Kieler Konjunkturberichte 16, Kiel Institute for the World Economy (IfW Kiel).
    15. De Gregorio, José, 2015. "Sobre entradas y salidas de capitales: flujos brutos, netos y política económica," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 2, pages 9-24.
    16. Carolina Alves & Vivienne Boufounou & Konstantinos Dellis & Christos Pitelis & Jan Toporowski, 2016. "Synthesis Report; Empirical analysis for new ways of global engagement," Working papers wpaper163, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    17. Shirota, Toyoichiro, 2015. "What is the major determinant of cross-border banking flows?," Journal of International Money and Finance, Elsevier, vol. 53(C), pages 137-147.
    18. Neanidis, Kyriakos C., 2019. "Volatile capital flows and economic growth: The role of banking supervision," Journal of Financial Stability, Elsevier, vol. 40(C), pages 77-93.

  13. Prasad, Eswar, 2011. "Role Reversal in Global Finance," IZA Discussion Papers 6032, Institute of Labor Economics (IZA).

    Cited by:

    1. Didier Brandao,Tatiana & Llovet Montanes,Ruth & Schmukler,Sergio L. & Didier Brandao,Tatiana & Llovet Montanes,Ruth & Schmukler,Sergio L., 2016. "International financial integration of East Asia and Pacific," Policy Research Working Paper Series 7772, The World Bank.
    2. Bruno Bonizzi, 2015. "Capital Market Inflation in Emerging Markets: the Cases of Brazil and South Korea," PSL Quarterly Review, Economia civile, vol. 68(273), pages 115-150.
    3. Tibor Besedeš & Stefan Goldbach & Volker Nitsch, 2017. "You’re banned! The effect of sanctions on German cross-border financial flows," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(90), pages 263-318.
    4. Abdulaziz A Hussen, 2020. "Impact of Financial Integration on Ethiopian Economic Growth," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 55-76, March.
    5. Cheng, Gong, 2014. "Balance sheet effects, foreign reserves and public policies," MPRA Paper 59905, University Library of Munich, Germany, revised 14 Nov 2014.
    6. Philip R. Lane, 2013. "Cross-Border Financial Integration in Asia and the Macro-Financial Policy Framework," The Institute for International Integration Studies Discussion Paper Series iiisdp423, IIIS.
    7. Philip Lane, 2013. "Financial Globalisation and the Crisis," Open Economies Review, Springer, vol. 24(3), pages 555-580, July.
    8. Yann Echinard & Jacques Fontanel & Maxence Fontanel, 2013. "BRICS, entre statistique et lobbyisme," Post-Print hal-02196522, HAL.
    9. Gong Cheng, 2014. "Foreign reserves, crises and growth [Réserves de change, crises et croissance]," SciencePo Working papers Main tel-03516802, HAL.
    10. Tetiana Rodionova, 2013. "Structural Risks of Foreign Liabilities: Impact of Investment Income Repatriation in Emerging Economies," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 20(2), pages 119-129, October.
    11. Duygu Yolcu Karadam & Nadir Ocal, 2014. "Financial Integration and Growth: A Nonlinear Panel Data Analysis," ERC Working Papers 1415, ERC - Economic Research Center, Middle East Technical University, revised Nov 2014.
    12. Andreas Steiner, 2013. "A Tale of Two Deficits: Public Budget Balance of Reserve Currency Countries," IEER Working Papers 97, Institute of Empirical Economic Research, Osnabrueck University.
    13. Maurice Obstfeld, 2013. "Crises and the International System," International Economic Journal, Taylor & Francis Journals, vol. 27(2), pages 143-155, June.
    14. Duygu Yolcu Karadam & Nadir Öcal, 2022. "Analysis of distinct asymmetries in financial integration‐growth nexus for industrial, emerging and developing countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2326-2344, April.
    15. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.
    16. Montiel, Peter J., 2013. "Capital Flows: Issues and Policies," IDB Publications (Working Papers) 4624, Inter-American Development Bank.
    17. Philip Lane, 2013. "International Capital Flows and Domestic Financial Conditions: Lessons for Emerging Asia," The Institute for International Integration Studies Discussion Paper Series iiisdp438, IIIS.
    18. Obstfeld, Maurice, 2014. "Never Say Never: Commentary on a Policymaker?s Reflections," CEPR Discussion Papers 9802, C.E.P.R. Discussion Papers.

  14. Kai Liu & Mr. Marcos d Chamon & Mr. Eswar S Prasad, 2010. "Income Uncertainty and Household Savings in China," IMF Working Papers 2010/289, International Monetary Fund.

    Cited by:

    1. Michael Dotsey & Wenli Li & Fang Yang, 2019. "Demographic Aging, Industrial Policy, and Chinese Economic Growth," Working Papers 2019-030, Human Capital and Economic Opportunity Working Group.
    2. Mu, Ren & Du, Yang, 2012. "Pension Coverage for Parents and Educational Investment in Children: Evidence from Urban China," IZA Discussion Papers 6797, Institute of Labor Economics (IZA).
    3. Aneta Maria Kłopocka, 2017. "Does Consumer Confidence Forecast Household Saving and Borrowing Behavior? Evidence for Poland," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 693-717, September.
    4. Fuzhong Chen & Guohai Jiang & Mengyi Gu, 2021. "Household savings and subjective wellbeing: Evidence from China," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(4), pages 1489-1504, December.
    5. Xiandeng Jiang & Zheng Pan & Ningru Zhao, 2023. "Relative Value vs Absolute Value: Housing Wealth and Labor Supply," The Journal of Real Estate Finance and Economics, Springer, vol. 66(1), pages 41-76, January.
    6. Horag Choi & Steven Lugauer & Nelson C. Mark, 2017. "Precautionary Saving of Chinese and U.S. Households," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(4), pages 635-661, June.
    7. Hanewald, Katja & Jia, Ruo & Liu, Zining, 2021. "Why is inequality higher among the old? Evidence from China," China Economic Review, Elsevier, vol. 66(C).
    8. Aaberge, Rolf & Liu, Kai & Zhu, Yu, 2014. "Political Uncertainty and Household Savings," Discussion Paper Series in Economics 34/2014, Norwegian School of Economics, Department of Economics.
    9. 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.
    10. Funke, Michael & Sun, Rongrong & Zhu, Linxu, 2018. "The credit risk of Chinese households: A micro-level assessment," BOFIT Discussion Papers 12/2018, Bank of Finland Institute for Emerging Economies (BOFIT).
    11. Cheng, Zhiming, 2021. "Education and consumption: Evidence from migrants in Chinese cities," Journal of Business Research, Elsevier, vol. 127(C), pages 206-215.
    12. Joseph P. H. Fan & Randall Morck & Bernard Yeung, 2012. "Translating Market Socialism with Chinese Characteristics into Sustained Prosperity," NBER Chapters, in: Capitalizing China, pages 1-32, National Bureau of Economic Research, Inc.
    13. Zheng Liu & Feng Huang & Dongming Zhu & Hui He, 2014. "Breaking the "Iron Rice Bowl" and Precautionary Savings: Evidence from Chinese State-Owned Enterprises Reform," 2014 Meeting Papers 764, Society for Economic Dynamics.
    14. Gottwald-Belinic, Martina, 2021. "Productivity gap and Factor misallocation in Chinese manufacturing sector – micro perspective," MPRA Paper 110372, University Library of Munich, Germany.
    15. Zhongchen Song & Tom Coupé & W. Robert Reed, 2020. "Estimating the Effect of the One-Child Policy on Chinese Household Savings: Evidence from an Oaxaca Decomposition," Working Papers in Economics 20/14, University of Canterbury, Department of Economics and Finance.
    16. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2011. "Rebalancing Growth in China: An International Perspective," Working Papers 2011-08, CEPII research center.
    17. Niculaescu, Corina E. & Sangiorgi, Ivan & Bell, Adrian R., 2023. "Does personal experience with COVID-19 impact investment decisions? Evidence from a survey of US retail investors," International Review of Financial Analysis, Elsevier, vol. 88(C).
    18. Bande, Roberto & Riveiro, Dolores & Ruiz, Freddy, 2021. "Does Uncertainty Affect Saving Decisions of Colombian Households? Evidence on Precautionary Saving," MPRA Paper 106771, University Library of Munich, Germany.
    19. Aneta M. Klopocka & Rumiana Gorska, 2021. "Forecasting Household Saving Rate with Consumer Confidence Indicator and its Components: Panel Data Analysis of 14 European Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 874-898.
    20. Yi Wen, 2011. "Making sense of China’s astronomical foreign reserves," Working Papers 2011-018, Federal Reserve Bank of St. Louis.
    21. Raül Santaeulàlia-Llopis & Yu Zheng, 2018. "The Price of Growth: Consumption Insurance in China 1989–2009," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(4), pages 1-35, October.
    22. Alba Lugilde, 2024. "The impact of measured income uncertainty on Spanish household consumption at the end of the Great Recession," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 51(3), pages 679-702, August.
    23. Samuel Cudré & Mathias Hoffmann, 2014. "A provincial view of global imbalances: regional capital flows in China," ECON - Working Papers 162, Department of Economics - University of Zurich.
    24. Yao, Yang, 2014. "The Chinese Growth Miracle," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 7, pages 943-1031, Elsevier.
    25. S. S. Vinokurov & A.A. Medved & L. A. Mierin, 2018. "Economic News and Household Decisions," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(1), March.
    26. Yanbin Chen & Fangxing Li & Zhesheng Qiu, 2013. "Housing and Saving with Finance Imperfection," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 207-248, May.
    27. Liu, Hong & Ma, Jinqiu & Zhao, Liqiu, 2023. "Public long-term care insurance and consumption of elderly households: Evidence from China," Journal of Health Economics, Elsevier, vol. 90(C).
    28. Dreger, Christian & Wang, Tongsan & Zhang, Yanqun, 2014. "Understanding Chinese consumption: The impact of hukou," BOFIT Discussion Papers 7/2014, Bank of Finland Institute for Emerging Economies (BOFIT).
    29. Mr. Malhar S Nabar, 2011. "Targets, Interest Rates, and Household Saving in Urban China," IMF Working Papers 2011/223, International Monetary Fund.
    30. Sarah Chan, 2019. "China’s Narrowing Current Account Surplus: Evolving Trends and Policy Implications," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 345-359, September.
    31. Lele Zou & Jinjun Xue & Alan Fox & Bo Meng, 2018. "The Emissions Reduction Effect And Economic Impact Of An Energy Tax Vs. A Carbon Tax In China: A Dynamic Cge Model Analysis," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(02), pages 339-387, March.
    32. Steven Lugauer & Nelson C. Mark & Chadwick R. Curtis, 2011. "Demographic Patterns and Household Saving in China," 2011 Meeting Papers 529, Society for Economic Dynamics.
    33. Pierre Bachas & Paul Gertler & Sean Higgins & Enrique Seira, 2017. "How Debit Cards Enable the Poor to Save More," NBER Working Papers 23252, National Bureau of Economic Research, Inc.
    34. Chen, Binkai & Yang, Xi & Zhong, Ninghua, 2020. "Housing demand and household saving rates in china: Evidence from a housing reform," Journal of Housing Economics, Elsevier, vol. 49(C).
    35. Kalemli-Özcan, Sebnem, 2016. "Emergence of Asia: Reforms, Corporate Savings, and Global Imbalances," CEPR Discussion Papers 11314, C.E.P.R. Discussion Papers.
    36. Guibaud, Stéphane & Coeurdacier, Nicolas & Jin, Keyu, 2012. "Credit Constraints and Growth in a Global Economy," CEPR Discussion Papers 9109, C.E.P.R. Discussion Papers.
    37. Le Wen & Krishna P. Paudel & Qinying He, 2022. "Temporary Migration and Savings Rates: Evidence from China," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(6), pages 2810-2849, December.
    38. Almås, Ingvild & Freddi, Eleonora & Thøgersen, Øystein, 2016. "Saving and Bequest in China: An Analysis of Intergenerational Exchange," Discussion Paper Series in Economics 10/2016, Norwegian School of Economics, Department of Economics.
    39. Niu, Geng & Wang, Qi & Li, Han & Zhou, Yang, 2020. "Number of brothers, risk sharing, and stock market participation," Journal of Banking & Finance, Elsevier, vol. 113(C).
    40. Wu, Kai & Wan, Shijia, 2023. "Job stability and household financial vulnerability: Evidence from field surveys in China," Finance Research Letters, Elsevier, vol. 58(PC).
    41. Manger, Mark S. & Matthews, J. Scott, 2021. "Knowing when to splurge: Precautionary saving and Chinese-Canadians," Journal of Asian Economics, Elsevier, vol. 76(C).
    42. Ito, Hiro & Volz, Ulrich, 2012. "The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms," ADBI Working Papers 393, Asian Development Bank Institute.
    43. Chang, Xiao & An, Tongliang & Tam, Pui Sun & Gu, Xinhua, 2020. "National savings rate and sectoral income distribution: An empirical look at China," China Economic Review, Elsevier, vol. 61(C).
    44. Ismail, Aisha & Rashid, Kashif, 2013. "Determinants of household saving: Cointegrated evidence from Pakistan (1975–2011)," Economic Modelling, Elsevier, vol. 32(C), pages 524-531.
    45. Li, Logan, 2021. "Political violence and household savings: Evidence from the long-term effects of the Cultural Revolution," The Journal of the Economics of Ageing, Elsevier, vol. 19(C).
    46. Jing You & Katsushi S. Imai & Raghav Gaiha, 2015. "Declining Nutrient Intake in a Growing China: Does Household Heterogeneity Matter?," Discussion Paper Series DP2015-20, Research Institute for Economics & Business Administration, Kobe University.
    47. Can Xu & Andreas Steiner, 2022. "Does Public Employment Affect Household Saving Rates? Evidence from Chinese Household Data," CESifo Working Paper Series 9741, CESifo.
    48. Chan, Kenneth S. & Dang, Vinh Q.T. & Li, Tingting & So, Jacky Y.C., 2016. "Under-consumption, trade surplus, and income inequality in China," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 241-256.
    49. Ayşe İmrohoroğlu & Kai Zhao, 2017. "The Chinese Saving Rate: Long-Term Care Risks, Family Insurance, and Demographics," Working papers 2017-17, University of Connecticut, Department of Economics.
    50. Joseph P. H. Fan & Randall Morck, 2012. "Capitalizing China," NBER Books, National Bureau of Economic Research, Inc, number morc10-1.
    51. Peter Drysdale & Adam Triggs & Jiao Wang, 2017. "China's New Role in the International Financial Architecture," Asian Economic Policy Review, Japan Center for Economic Research, vol. 12(2), pages 258-277, July.
    52. Chan, Kenneth S. & Lai, Jennifer T. & Yan, Isabel K.M., 2014. "Consumption risk sharing and self-insurance across provinces in China: 1952–2008," China Economic Review, Elsevier, vol. 30(C), pages 66-85.
    53. Steven Lugauer & Nelson Mark & Horag Choi, 2013. "The Size of the Precautionary Component of Household Saving: China and the U.S," 2013 Meeting Papers 1046, Society for Economic Dynamics.
    54. Rui Li & Jing Wu & Shuo Zhang & Siqing Zhang & Yuanyang Wu, 2023. "Social Endowment Insurance and Inequality of the Household Portfolio Choice: The Moderating Effect of Financial Literacy," SAGE Open, , vol. 13(1), pages 21582440231, February.
    55. Zhongchen Song & Tom Coupe & W. Robert Reed, 2019. "The One-Child Policy and Chinese Saving Behavior," Working Papers in Economics 19/10, University of Canterbury, Department of Economics and Finance.
    56. Damien Cubizol, 2017. "Transition and capital misallocation: the Chinese case," Working Papers halshs-01176919, HAL.
    57. Swati Prasad & Ravi Kiran & Rakesh Kumar Sharma, 2021. "Examining saving habits and discriminating on the basis of demographic factors: A descriptive study of retail investors'," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2859-2870, April.
    58. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2013. "China and global rebalancing: A two-country approach," Post-Print hal-00825239, HAL.
    59. Aizenman, Joshua & Sengupta, Rajeswari, 2010. "Global Imbalances: Is Germany the new China? A Skeptical View," Santa Cruz Department of Economics, Working Paper Series qt3zx245jn, Department of Economics, UC Santa Cruz.
    60. Chen, Yuanyuan & Yuan, Meng & Zhang, Min, 2023. "Income inequality and educational expenditures on children: Evidence from the China Family Panel Studies," China Economic Review, Elsevier, vol. 78(C).
    61. Shaojie Zhou & Junsen Zhang, 2016. "Chinese Saving Rates from 1953 to 2012: Trends, Compositions and Prospects," Pacific Economic Review, Wiley Blackwell, vol. 21(2), pages 227-252, May.
    62. Wang, Hongyang & Zhang, Dayong & Guariglia, Alessandra & Fan, Gang-Zhi, 2021. "‘Growing out of the growing pain’: Financial literacy and life insurance demand in China," Pacific-Basin Finance Journal, Elsevier, vol. 66(C).
    63. Chengzheng Li & Zheng Pan, 2021. "How do extremely high temperatures affect labor market performance? Evidence from rural China," Empirical Economics, Springer, vol. 61(4), pages 2265-2291, October.
    64. Diana Cheung & Jean-Pierre Laffargue & Ysaline Padieu, 2016. "Insurance of Household Risks and the Rebalancing of the Chinese Economy: Health Insurance, Health Expenses and Household Savings," Pacific Economic Review, Wiley Blackwell, vol. 21(3), pages 381-412, August.
    65. Cheng, Zhiming & Guo, Liwen & Smyth, Russell & Tani, Massimiliano, 2022. "Childhood adversity and energy poverty," Energy Economics, Elsevier, vol. 111(C).
    66. Nelson Mark & Steven Lugauer & Clayton Sadler, 2012. "The Role of Household Saving in the Economic Rise of China," Working Papers 004, University of Notre Dame, Department of Economics, revised Jun 2012.
    67. Zhou, Weina, 2014. "Brothers, household financial markets and savings rate in China," Journal of Development Economics, Elsevier, vol. 111(C), pages 34-47.
    68. Mali Chivakul & Bernhard Kassner, 2019. "Can Consumption Growth in China Keep Up as Investment Slows?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(3), pages 381-412, September.
    69. Waxman, Andrew & Liang, Yuanning & Li, Shanjun & Barwick, Panle Jia & Zhao, Meng, 2020. "Tightening belts to buy a home: Consumption responses to rising housing prices in urban China," Journal of Urban Economics, Elsevier, vol. 115(C).
    70. Yang, Yushi & Zhang, Sisi, 2023. "Understanding income volatility in urban China," Journal of Asian Economics, Elsevier, vol. 85(C).
    71. 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.
    72. Wang, Yan & Conesa, Juan Carlos, 2024. "Workers’ income risk and the evolution of income inequality in China," Economics Letters, Elsevier, vol. 234(C).
    73. Jouchi Nakajima, 2018. "The role of household debt heterogeneity on consumption: Evidence from Japanese household data," BIS Working Papers 736, Bank for International Settlements.
    74. Lenka Mynaříková & Vít Pošta, 2023. "The Effect of Consumer Confidence and Subjective Well-being on Consumers’ Spending Behavior," Journal of Happiness Studies, Springer, vol. 24(2), pages 429-453, February.
    75. Yousef Mohammadzaheh & Arash Refah-Kahriz, 2023. "Saving structure, housing speculation, and economic growth in the Iranian economy," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 25(1), pages 170-195, June.
    76. Peña Blasco, Guillermo, 2021. "The coronavirus: Black swan and endowment shock," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 30(1), pages 1-14.
    77. Zeng, Miao & Du, Jiang & Zhu, Xiaoyu & Deng, Xin, 2023. "Does internet use drive rural household savings? Evidence from 7825 farmer households in rural China," Finance Research Letters, Elsevier, vol. 57(C).
    78. Isha Chawla & Joseph Svec, 2023. "Household savings and present bias among Chinese couples: A household bargaining approach," Journal of Consumer Affairs, Wiley Blackwell, vol. 57(1), pages 648-672, January.
    79. Jianmei Zhao & Lele Zhao, 2022. "Mobile payment adoption and the decline in China’s household savings rate," Empirical Economics, Springer, vol. 63(5), pages 2513-2537, November.
    80. Bonatti, Luigi & Fracasso, Andrea, 2013. "Hoarding of international reserves in China: Mercantilism, domestic consumption and US monetary policy," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 1044-1078.
    81. Mohd Abass Bhat & Geleta Demera Gomero & Shagufta Tariq Khan, 2024. "Antecedents of Savings Behaviour Among Rural Households: A Holistic Approach," FIIB Business Review, , vol. 13(1), pages 56-71, January.
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    83. Michael Dotsey, 2019. "Demographic Aging, Industrial Policy, and Chinese Economic Growth," 2019 Meeting Papers 640, Society for Economic Dynamics.
    84. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.
    85. Jin Feng & Lixin He & Hiroshi Sato, 2009. "Public Pension and Household Saving: Evidence from urban China," Global COE Hi-Stat Discussion Paper Series gd08-030, Institute of Economic Research, Hitotsubashi University.
    86. Steven Lugauer & Jinlan Ni & Zhichao Yin, 2014. "Micro-Data Evidence on Family Size and Chinese Saving Rates," Working Papers 023, University of Notre Dame, Department of Economics, revised Jun 2014.
    87. Aneta Maria Kłopocka & Tomasz Kopczyński & Grażyna Lenicka-Bajer, 2014. "Financial Situation And Attitudes Towards Saving In Polish Society:Evidence From Micro Data," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 476-486, May.
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    89. Bollinger, Christopher & Ding, Xiaozhou & Lugauer, Steven, 2022. "The expansion of higher education and household saving in China," China Economic Review, Elsevier, vol. 71(C).
    90. Mark S. Manger & J. Scott Matthews, 2021. "Knowing When to Splurge: Precautionary Saving and Chinese-Canadians," Papers 2108.00519, arXiv.org.
    91. Lugilde, Alba & Bande, Roberto & Riveiro, Dolores, 2017. "Precautionary Saving: a review of the theory and the evidence," MPRA Paper 77511, University Library of Munich, Germany.
    92. Xiaodi Qin & Haitao Wu & Yifeng Xie & Xiaofang Zhang, 2022. "Lagging behind the Joneses: Relative Deprivation and Household Consumption in Rural China," Agriculture, MDPI, vol. 12(11), pages 1-14, November.
    93. Xin Wang & Yi Wen, 2012. "Housing prices and the high Chinese saving rate puzzle," Working Papers 2012-038, Federal Reserve Bank of St. Louis.
    94. Levin, Mark (Левин, Марк) & Matrosova, Ksenia (Матросова, Ксения), 2018. "Development and Research of Economic Behavior of Households in Changing Conditions [Разработка И Исследование Экономического Поведения Домохозяйств В Изменяющихся Условиях]," Working Papers 041825, Russian Presidential Academy of National Economy and Public Administration.
    95. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    96. Prasad, Eswar, 2014. "Global Implications of the Renminbi’s Ascendance," ADBI Working Papers 469, Asian Development Bank Institute.
    97. Marina Matosec & Zdenka Obuljen Zoricic, 2019. "Identifying the Interdependence between Consumer Confidence and Macroeconomic Developments in Croatia," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 17(2-B), pages 345-354.
    98. Jin Cao & Chao Cui & Valeriya Dinger & Martin B. Holm & Shulong Kang, 2022. "Identifying the depreciation rate of durables from marginal spending responses," Working Paper 2022/1, Norges Bank.
    99. Marina Malkina, 2019. "Determinants of Private Savings in the Form of Bank Deposits: A Case Study on Regions of the Russian Federation," Economies, MDPI, vol. 7(2), pages 1-22, June.
    100. Yang, Dan, 2023. "Income growth, income uncertainty, and urban–rural household savings rate in China," Regional Science and Urban Economics, Elsevier, vol. 99(C).
    101. Gu, Xinhua & Tam, Pui Sun, 2013. "The saving–growth–inequality triangle in China," Economic Modelling, Elsevier, vol. 33(C), pages 850-857.
    102. Fulgence Dominick Waryoba & Li Jing, 2019. "Consumption Uncertainty Reduction Among Sweet Potato Smallholder Farmers in Tanzania," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 11(1-2), pages 132-147, January.
    103. Bussière, Matthieu & Kalantzis, Yannick & Lafarguette, Romain & Sicular, Terry, 2013. "Understanding household savings in China: the role of the housing market and borrowing constraints," MPRA Paper 44611, University Library of Munich, Germany.
    104. Cubizol, Damien, 2018. "Transition and capital misallocation: the Chinese case," Journal of International Money and Finance, Elsevier, vol. 81(C), pages 88-115.
    105. Nie, Guangyu, 2020. "Marriage squeeze, marriage age and the household savings rate in China," Journal of Development Economics, Elsevier, vol. 147(C).
    106. Xiaoyu Deng & Jing Tian & Rong Chen, 2019. "Effect of Social Security System on Consumption through Income and Uncertainty: Evidence from China," Sustainability, MDPI, vol. 11(7), pages 1-16, March.
    107. Tsun‐Feng Chiang, 2021. "Financial capability and investment management of Chinese households: An application of hybrid item response theory," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(4), pages 1442-1463, December.
    108. Pan, Zheng & Jiang, Xiandeng & Zhao, Ningru, 2021. "Does birth spacing affect female labor market participation? Evidence from urban China," China Economic Review, Elsevier, vol. 68(C).
    109. Yabin Wang & Yuhan Xue, 2019. "Income Uncertainty, Consumer Durables Investments, And Home Production: Evidence From China," Contemporary Economic Policy, Western Economic Association International, vol. 37(2), pages 312-331, April.
    110. He, Hui & Huang, Feng & Liu, Zheng & Zhu, Dongming, 2018. "Breaking the “iron rice bowl:” Evidence of precautionary savings from the chinese state-owned enterprises reform," Journal of Monetary Economics, Elsevier, vol. 94(C), pages 94-113.
    111. Willem Vanlaer & Samantha Bielen & Wim Marneffe, 2020. "Consumer Confidence and Household Saving Behaviors: A Cross-Country Empirical Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(2), pages 677-721, January.
    112. Zeynep Copur & Michael S. Gutter, 2019. "Economic, Sociological, and Psychological Factors of the Saving Behavior: Turkey Case," Journal of Family and Economic Issues, Springer, vol. 40(2), pages 305-322, June.
    113. Shi Li & John Whalley & Xiliang Zhao, 2013. "Housing price and household savings rates: evidence from China," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 11(3), pages 197-217, August.

  15. Prasad, Eswar, 2010. "Financial Sector Regulation and Reforms in Emerging Markets: An Overview," IZA Discussion Papers 5233, Institute of Labor Economics (IZA).

    Cited by:

    1. Michael Brei & Blaise Gadanecz & Aaron Mehrotra, 2020. "SME lending and banking system stability: Some mechanisms at work," Post-Print hal-02497961, HAL.
    2. Peter J. Morgan & Victor Pontines, 2018. "Financial Stability And Financial Inclusion: The Case Of Sme Lending," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(01), pages 111-124, March.
    3. Marcelin, Isaac & Egbendewe, Aklesso Y.G. & Oloufade, Djoulassi K. & Sun, Wei, 2022. "Financial inclusion, bank ownership, and economy performance: Evidence from developing countries," Finance Research Letters, Elsevier, vol. 46(PA).
    4. Emara, Noha & El Said, Ayah & Pearlman, Joseph, 2019. "On the Impact of Financial Inclusion on Financial Stability and Inequality: The Role of Macroprudential Policies," MPRA Paper 99258, University Library of Munich, Germany.
    5. Robert Cull & Asl? Demirgüç-Kunt & Timothy Lyman, 2012. "Financial Inclusion and Stability : What Does Research Show?," World Bank Publications - Reports 9443, The World Bank Group.
    6. Gamze Ozturk Danisman & Amine Tarazi, 2020. "Financial Inclusion and Bank Stability: Evidence from Europe," Post-Print hal-02964650, HAL.
    7. Ahamed, M. Mostak & Mallick, Sushanta K., 2019. "Is financial inclusion good for bank stability? International evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 403-427.
    8. Han, Rui & Melecky, Martin, 2013. "Financial inclusion for financial stability : access to bank deposits and the growth of deposits in the Global Financial Crisis," Policy Research Working Paper Series 6577, The World Bank.
    9. Dan Ma & Wenchun Wang, 2023. "Mandatory inclusive finance policy and small banks' operating performance: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(4), pages 4761-4777, December.
    10. Pandey, Ashish & Tripathi, Abhinava & Guhathakurta, Kousik, 2022. "The impact of banking regulations and accounting standards on estimating discretionary loan loss provisions," Finance Research Letters, Elsevier, vol. 44(C).
    11. Han, Rui & Melecky, Martin, 2013. "Financial Inclusion for Stability: Access to Bank Deposits and the Deposit Growth during the Global Financial Crisis," MPRA Paper 45157, University Library of Munich, Germany.
    12. Sergio Luis Náñez Alonso & Javier Jorge-Vazquez & Miguel Ángel Echarte Fernández & Konrad Kolegowicz & Wojciech Szymla, 2022. "Financial Exclusion in Rural and Urban Contexts in Poland: A Threat to Achieving SDG Eight?," Land, MDPI, vol. 11(4), pages 1-21, April.
    13. Khan, Haider, 2013. "Basel III, BIS and Global Financial Governance," MPRA Paper 49513, University Library of Munich, Germany.
    14. Banna, Hasanul & Kabir Hassan, M. & Rashid, Mamunur, 2021. "Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 75(C).
    15. Prasad, Eswar, 2010. "Financial Sector Regulation and Reforms in Emerging Markets: An Overview," IZA Discussion Papers 5233, Institute of Labor Economics (IZA).
    16. Gerti Shijaku, 2017. "Bank prudential and bank stability– how far do they go," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(8), pages 127-150, October.
    17. María José Roa, 2014. "La inclusión y la estabilidad financieras," Documentos de Investigación - Research Papers 15, CEMLA.
    18. Muhammad Asif Khan & Hossam Haddad & Mahmoud Odeh & Ahsanuddin Haider & Mohammed Arshad Khan, 2022. "Institutions, Culture, or Interaction: What Determines the Financial Market Development in Emerging Markets?," Sustainability, MDPI, vol. 14(23), pages 1-23, November.
    19. Peter J. Morgan & Victor Pontines, 2014. "Financial Stability and Financial Inclusion," Microeconomics Working Papers 24278, East Asian Bureau of Economic Research.
    20. Shreya Pal & Indranil Bandyopadhyay, 2022. "Impact of financial inclusion on economic growth, financial development, financial efficiency, financial stability, and profitability: an international evidence," SN Business & Economics, Springer, vol. 2(9), pages 1-29, September.
    21. Khan, Haider, 2013. "Global Financial Governance: Towards a New Global Financial Architecture for Averting Deep Financial Crises," MPRA Paper 49275, University Library of Munich, Germany.
    22. Taoyong Su & Yuzhu Yu & Yongheng Chen & Jian Zhang, 2019. "The Experience, Dilemma, and Solutions of Sustainable Development of Inclusive Finance in Rural China: Based on the Perspective of Synergy," Sustainability, MDPI, vol. 11(21), pages 1-18, October.
    23. Tweneboah Senzu, Emmanuel, 2021. "Financial Inclusion: Theory and Policy guide for fragile economies," MPRA Paper 111002, University Library of Munich, Germany.
    24. Han, Rui & Melecky, Martin, 2017. "Broader use of saving products among people can make deposit funding of the banking system more resilient," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 47(C), pages 89-102.
    25. Ayako Saiki & Jon Frost, 2014. "Does unconventional monetary policy affect inequality? Evidence from Japan," Applied Economics, Taylor & Francis Journals, vol. 46(36), pages 4445-4454, December.
    26. André Mialou & Goran Amidzic & Alexander Massara, 2017. "Assessing Countries’ Financial Inclusion Standing– A New Composite Index," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(8), pages 105-126, October.
    27. Mr. Alexander Massara & André Mialou, 2014. "Assessing Countries’ Financial Inclusion Standing - A New Composite Index," IMF Working Papers 2014/036, International Monetary Fund.
    28. Yoshino, Naoyuki & Morgan, Peter J., 2016. "Overview of Financial Inclusion, Regulation, and Education," ADBI Working Papers 591, Asian Development Bank Institute.
    29. Khan, Haider, 2011. "Constructing Global Governance of Global Finance: Towards a Hybrid Global Financial Architecture," MPRA Paper 40249, University Library of Munich, Germany, revised Jan 2012.
    30. Khan, Haider, 2013. "Deep Financial Crises, Reforming the IMF and Building Regional Autonomy:Towards a New Hybrid Global Financial Architecture," MPRA Paper 49514, University Library of Munich, Germany.
    31. Abdel-Baki Monal A., 2012. "The Impact of Basel III on Emerging Economies," Global Economy Journal, De Gruyter, vol. 12(2), pages 1-33, June.
    32. Imad A. Moosa, 2022. "Fintech," Books, Edward Elgar Publishing, number 21229.
    33. Ozili, Peterson Kitakogelu, 2018. "Impact of Digital Finance on Financial Inclusion and Stability," MPRA Paper 84771, University Library of Munich, Germany.
    34. Shi, Yang & Chen, Shu & Liu, Ruiming & Kang, Yankun, 2022. "Fund renaming and fund flows: Evidence from China's stock market crash in 2015," Economic Modelling, Elsevier, vol. 108(C).
    35. Kariuki, Caroline & Kimundi, Gillian & Makambi, Steve, 2018. "The nexus between financial inclusion and financial stability: Credit, savings and asset quality of Kenyan banks," KBA Centre for Research on Financial Markets and Policy Working Paper Series 29, Kenya Bankers Association (KBA).
    36. Robert E. Prasch & Thierry Warin, 2012. "Moral Hazard and the Mounting of a Crisis: A U.S. Narrative," CIRANO For discussion... 2012dt-03, CIRANO.

  16. Rahul Anand & Mr. Eswar S Prasad, 2010. "Optimal Price Indices for Targeting Inflation Under Incomplete Markets," IMF Working Papers 2010/200, International Monetary Fund.

    Cited by:

    1. Tim Lloyd & Steve McCorriston & Wyn Morgan & Evious Zgovu, 2013. "European Retail Food Price Inflation," EuroChoices, The Agricultural Economics Society, vol. 12(2), pages 37-44, August.
    2. José de Gregorio, 2012. "Commodity Prices, Monetary Policy and Inflation," Working Papers wp359, University of Chile, Department of Economics.
    3. Howard, Peter & Sterner, Thomas, 2014. "Raising the Temperature on Food Prices: Climate Change, Food Security, and the Social Cost of Carbon," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170648, Agricultural and Applied Economics Association.
    4. Ojasvita Bahl & Chetan Ghate & Debdulal Mallick, 2020. "Redistributive Policy Shocks and Monetary Policy with Heterogeneous Agents," Discussion Papers 20-03, Indian Statistical Institute, Delhi.
    5. Dave, Chetan & Ghate, Chetan & Gopalakrishnan, Pawan & Tarafdar, Suchismita, 2018. "Fiscal Austerity in Emerging Market Economies," MPRA Paper 87086, University Library of Munich, Germany.
    6. Eswar S. Prasad, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," NBER Working Papers 19668, National Bureau of Economic Research, Inc.
    7. Raphael Espinoza & Hyginus Leon & Ananthakrishnan Prasad, 2012. "When Should We Worry about Inflation?," The World Bank Economic Review, World Bank, vol. 26(1), pages 100-127.
    8. Chetan Ghate & Sargam Gupta & Debdulal Mallick, 2018. "Terms of Trade Shocks and Monetary Policy in India," Computational Economics, Springer;Society for Computational Economics, vol. 51(1), pages 75-121, January.
    9. Siami-Namini, Sima & Hudson, Darren & Trindade, A. Alexandre & Lyford, Conrad, 2018. "Commodity Prices, Monetary Policy and the Taylor Rule," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266722, Southern Agricultural Economics Association.
    10. Michael D. Plante, 2013. "The long–run macroeconomic impacts of fuel subsidies," Working Papers 1303, Federal Reserve Bank of Dallas.
    11. Benjamin Carton, 2012. "Monetary-Policy Tradeoff in Overlapping Generations DSGE Models," DEM Working Papers Series 028, University of Pavia, Department of Economics and Management.
    12. Rahul Anand & Mr. Eswar S Prasad & Boyang Zhang, 2015. "What Measure of Inflation Should a Developing Country Central Bank Target?," IMF Working Papers 2015/205, International Monetary Fund.
    13. Jinill Kim & Byung Kwun Ahn, 2012. "A New Measure for Core Inflation Based on Generalized Dynamic-Factor Model," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, vol. 18(2), pages 1-28, June.
    14. Benjamin Carton & Dramane Coulibaly & Marc Pourroy, 2016. "Food prices and inflation targeting in emerging economies," Post-Print hal-01386045, HAL.
    15. Choudary Ihtasham Ali & Sami Ullah & Umar Ijaz Ahmed & Irfan Ahmad Baig & Muhammad Arqam Iqbal & Amjad Masood, 2022. "Can Food Inflation Be Stabilized By Monetary Policy? A Quantile Regression Approach," Journal of Economic Impact, Science Impact Publishers, vol. 4(3), pages 205-212.
    16. Patnaik, Ila & Shah, Ajay & Veronese, Giovanni, 2011. "How to measure inflation in India?," Working Papers 11/83, National Institute of Public Finance and Policy.
    17. Bhattacharya, Rudrani & Jain, Richa, 2020. "Can monetary policy stabilise food inflation? Evidence from advanced and emerging economies," Economic Modelling, Elsevier, vol. 89(C), pages 122-141.
    18. Angelos Liontakis & Dimitris Kremmydas, 2013. "Food Inflation in EU: Distribution Analysis and Spatial Effects," Working Papers 2013-3, Agricultural University of Athens, Department Of Agricultural Economics.
    19. Abdul-Aziz Iddrisu & Imhotep Paul Alagidede, 2021. "Asymmetry in food price responses to monetary policy: a quantile regression approach," SN Business & Economics, Springer, vol. 1(3), pages 1-25, March.
    20. Bhattacharya. Rudrani, 2017. "Effectiveness of monetary policy in stabilising food inflation: Evidence from advanced and emerging economies," Working Papers 17/209, National Institute of Public Finance and Policy.
    21. Mr. Luis Catão & Roberto Chang, 2013. "World Food Prices, the Terms of Trade-Real Exchange Rate Nexus, and Monetary Policy," IMF Working Papers 2013/114, International Monetary Fund.
    22. Shah, Sayar Ahmad & Garg, Bhavesh, 2023. "Testing policy effectiveness during COVID-19: An NK-DSGE analysis," Journal of Asian Economics, Elsevier, vol. 84(C).
    23. Iddrisu, Abdul-Aziz & Alagidede, Imhotep Paul, 2020. "Monetary policy and food inflation in South Africa: A quantile regression analysis," Food Policy, Elsevier, vol. 91(C).
    24. Bhattacharya, Rudrani, 2016. "How does Supply Chain Distortion affect Food Inflation in India?," Working Papers 16/173, National Institute of Public Finance and Policy.
    25. Gilles Dufrénot & William Ginn & Marc Pourroy, 2023. "ENSO Climate Patterns on Global Economic Conditions," Working Papers hal-04064759, HAL.
    26. Jaroslava Durčáková & Ondřej Šíma, 2015. "BRICS: Interconnection of Exchange Rate, Balance of Payments and Foreign Exchange Reserve - the Example of India [BRICS: Vzájemné souvislosti měnového kurzu, platební bilance a devizových rezerv - ," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2015(1), pages 6-35.
    27. Andrew Filardo & Marco Jacopo Lombardi, 2014. "Has Asian emerging market monetary policy been too procyclical when responding to swings in commodity prices?," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation, inflation and monetary policy in Asia and the Pacific, volume 77, pages 129-153, Bank for International Settlements.
    28. Mr. Rafael A Portillo & Luis-Felipe Zanna, 2015. "On the First-Round Effects of International Food Price Shocks: the Role of the Asset Market Structure," IMF Working Papers 2015/033, International Monetary Fund.
    29. Franz Ruch & Stan du Plessis, 2015. "SecondRound Effects from Food and Energy Prices an SBVAR approach," Working Papers 7008, South African Reserve Bank.
    30. Mija, Simion & Slobozian, Dorin & Cuhal, Radu & Stratan, Alexandru, 2013. "How Core Inflation Reacts to the Second Round Effects," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 98-118, March.
    31. Paolo Pesenti, 2013. "Theoretical notes on commodity prices and monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and inflation dynamics in Asia and the Pacific, volume 70, pages 79-90, Bank for International Settlements.
    32. Novikova Natalia & Volkov Dmitry, 2012. "Modelling core inflation in Ukraine in 2003-2012," EERC Working Paper Series 12/12e, EERC Research Network, Russia and CIS.
    33. Rudrani Bhattacharya, 2016. "How does Supply Chain Distortion affect Food Inflation in India?," Working Papers id:11261, eSocialSciences.
    34. Asharani Samal & Phanindra Goyari, 2022. "Does Monetary Policy Stabilise Food Inflation in India? Evidence From Quantile Regression Analysis," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(3), pages 361-372, September.
    35. Joao Ribeiro, 2019. "Inflación de alimentos en Perú: El rol de la política monetaria," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 34(2), pages 81-98, October.
    36. Changyong Rhee & Hangyong Lee, 2013. "Commodity price movements and monetary policy in Asia," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and inflation dynamics in Asia and the Pacific, volume 70, pages 71-77, Bank for International Settlements.
    37. Kumar, Anshul, 2023. "A basic two-sector new Keynesian DSGE model of the Indian economy," MPRA Paper 115863, University Library of Munich, Germany.
    38. Marco Airaudo & Luis-Felipe Zanna, 2012. "Equilibrium Determinacy and Inflation Measures for Interest Rate Rules," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(4), pages 573-592, October.
    39. Rahul Anand & Ding Ding & Mr. Volodymyr Tulin, 2014. "Food Inflation in India: The Role for Monetary Policy," IMF Working Papers 2014/178, International Monetary Fund.
    40. Amartya Lahiri & Viktoria Hnatkovska, 2014. "Structural Transformation and the Rural-Urban Divide," 2014 Meeting Papers 746, Society for Economic Dynamics.
    41. Mr. James P Walsh, 2011. "Reconsidering the Role of Food Prices in Inflation," IMF Working Papers 2011/071, International Monetary Fund.
    42. Sharma, Saurabh & Behera, Harendra, 2022. "A dissection of Indian growth using a DSGE filter," Journal of Asian Economics, Elsevier, vol. 80(C).
    43. Michael Debabrata Patra & Joice John, 2018. "Non-Linear, Asymmetric and TimeVarying Exchange Rate Pass-Through: Recent Evidence from India," Working Papers id:12700, eSocialSciences.

  17. Hammond, Gill & Kanbur, Ravi & Prasad, Eswar, 2009. "Monetary Policy Challenges for Emerging Market Economies," Working Papers 48925, Cornell University, Department of Applied Economics and Management.

    Cited by:

    1. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29, April.
    2. Heinrich, Gregor, 2010. "El fortalecimiento institucional de los bancos centrales [The institutional strengthening of central banks]," MPRA Paper 47383, University Library of Munich, Germany.
    3. Jagjit Chadha & Young-Kwan Kang, 2016. "Finance and Credit in a Model of Monetary Policy," National Institute of Economic and Social Research (NIESR) Discussion Papers 471, National Institute of Economic and Social Research.
    4. Prasad, Eswar, 2010. "Financial Sector Regulation and Reforms in Emerging Markets: An Overview," IZA Discussion Papers 5233, Institute of Labor Economics (IZA).
    5. Mark Ofoi & Parmendra Sharma, 2021. "Does the Money Multiplier Hold in Pacific Island Countries? The Case of Papua New Guinea," JRFM, MDPI, vol. 14(9), pages 1-21, September.
    6. Vipul Bhatt & Amr Hosny & N. Kundan Kishor, 2017. "The Dynamic Behaviour of Implicit Inflation Targets for ‘Inflation Targeting Lite’ Economies," The Economic Record, The Economic Society of Australia, vol. 93(300), pages 67-88, March.
    7. Bhattacharyya, Nikhilesh., 2012. "Monetary policy and employment in developing Asia," ILO Working Papers 994685223402676, International Labour Organization.
    8. Khou, Vouthy. & Cheng, Oudom. & Leng, Soklong. & Meng, Channarith., 2015. "Role of the Central Bank in supporting economic diversification and productive employment in Cambodia," ILO Working Papers 994878923402676, International Labour Organization.
    9. Alexandru TRIFU & Ina CROITORU, 2013. "Workforce/Manpower, Determining Factor Of Production Within A Firm," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 3(4), pages 70-83, December.
    10. Amr Sadek HOSNY, 2014. "Is Monetary Policy in Egypt Backward or Forward-Looking?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(2).
    11. Junankar, Pramod N. (Raja), 2019. "Monetary Policy, Growth and Employment in Developing Areas: A Review of the Literature," IZA Discussion Papers 12197, Institute of Labor Economics (IZA).

  18. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.

    Cited by:

    1. Buss, Adrian, 2013. "Capital controls and international financial stability: a dynamic general equilibrium analysis in incomplete markets," Working Paper Series 1578, European Central Bank.
    2. Philip Lane, 2010. "International Differences in Fiscal Policy During the Global Crisis," The Institute for International Integration Studies Discussion Paper Series iiisdp336, IIIS.
    3. Yeyati, Eduardo Levy & Williams, Tomas, 2012. "Emerging economies in the 2000s : real decoupling and financial recoupling," Policy Research Working Paper Series 5961, The World Bank.
    4. Sebastián García-Andrade, 2019. "Efectos del rebalanceo de los índices de J.P. Morgan en 2014 sobre los rendimientos de los TES en moneda local," Borradores de Economia 1094, Banco de la Republica de Colombia.
    5. Calderón, César & Kubota, Megumi, 2013. "Sudden stops: Are global and local investors alike?," Journal of International Economics, Elsevier, vol. 89(1), pages 122-142.
    6. Charles W. Calomiris & Mauricio Larrain & Sergio L. Schmukler, 2019. "Capital Inflows, Equity Issuance Activity, and Corporate Investment," Mo.Fi.R. Working Papers 156, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    7. Chen, Jinzhao & Quang, Thérèse, 2014. "The impact of international financial integration on economic growth: New evidence on threshold effects," Economic Modelling, Elsevier, vol. 42(C), pages 475-489.
    8. Bhushan Praveen Jangam & Vaseem Akram, 2020. "Does financial integration drive export diversification? Evidence from a cross-country analysis," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 13(1), pages 45-61, April.
    9. M. Ayhan Kose & Hideaki Matsuoka & Ugo Panizza & Dana Vorisek, 2019. "Inflation Expectations: Review and Evidence," Koç University-TUSIAD Economic Research Forum Working Papers 1904, Koc University-TUSIAD Economic Research Forum.
    10. Calderón, César & Kubota, Megumi, 2019. "Ride the Wild Surf: An investigation of the drivers of surges in capital inflows," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 112-136.
    11. Hammudeh, Shawkat & Sohag, Kazi & Husain, Shaiara & Husain, Humaira & Said, Jamaliah, 2020. "Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance," Economic Systems, Elsevier, vol. 44(3).
    12. Stijn Claessens & Neeltje van Horen, 2015. "The Impact of the Global Financial Crisis on Banking Globalization," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 63(4), pages 868-918, November.
    13. Heng, Dyna, 2011. "Capital flows and real exchange rate: does financial development matter?," MPRA Paper 48553, University Library of Munich, Germany, revised May 2012.
    14. Ceballos, Francisco & Didier, Tatiana & Schmukler, Sergio L., 2012. "Financial globalization in emerging countries : diversification vs. offshoring," Policy Research Working Paper Series 6105, The World Bank.
    15. Anwar, Sajid & Cooray, Arusha, 2012. "Financial development, political rights, civil liberties and economic growth: Evidence from South Asia," Economic Modelling, Elsevier, vol. 29(3), pages 974-981.
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    49. Katarzyna Sum, 2012. "The integration of the financial markets and growth evidence from a global cross-country analysis," Bank i Kredyt, Narodowy Bank Polski, vol. 43(3), pages 47-70.
    50. Kunieda, Takuma & Okada, Keisuke & Shibata, Akihisa, 2011. "Finance and Inequality: How Does Globalization Change Their Relationship?," MPRA Paper 35358, University Library of Munich, Germany.
    51. Jiandong Ju & Shang-Jin Wei, 2010. "Domestic Institutions and the Bypass Effect of Financial Globalization," American Economic Journal: Economic Policy, American Economic Association, vol. 2(4), pages 173-204, November.
    52. Khan, Muhammad Imran & Teng, Jian-Zhou & Khan, Muhammad Kamran & Jadoon, Arshad Ullah & Khan, Muhammad Fayaz, 2021. "The impact of oil prices on stock market development in Pakistan: Evidence with a novel dynamic simulated ARDL approach," Resources Policy, Elsevier, vol. 70(C).
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    54. EGBETUNDE, Tajudeen & ALLEY, Ibrahim, 2016. "Trade Openness And Economic Growth In Sub-Saharan Africa: A Dynamic Panel Data Analysis," Ilorin Journal of Business and Social Sciences, Faculty of Social Sciences, University of Ilorin, vol. 18(1), pages 153-169, October.
    55. Lucas Njoroge, 2021. "Capital Inflows and Economic Growth in Selected COMESA Member Countries," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 10(4), pages 1-3.
    56. Hugues Kouassi Kouadio & Landry Lewis Gakpa, 2021. "Financial Openness and Economic Growth in C?te d¡¯Ivoire: The Total Factor Productivity Channel," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(2), pages 138-149, April.
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    59. Olga V. Bogacheva & Oleg V. Smorodinov, 2016. "Financial Integration in ASEAN: Theoretical Aspect," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 63-74, October.
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    62. Haiping Zhang, 2017. "Wealth inequality and financial development: revisiting the symmetry breaking mechanism," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(4), pages 997-1025, April.
    63. Samargandi, Nahla & Kutan, Ali M. & Sohag, Kazi & Alqahtani, Faisal, 2020. "Equity market and money supply spillovers and economic growth in BRICS economies: A global vector autoregressive approach," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    64. Philipp Harms & Pierre-Guillaume Méon, 2014. "Good and bad FDI: The growth effects of greenfield investment and mergers and acquisitions in developing countries," Working Papers CEB 14-021, ULB -- Universite Libre de Bruxelles.
    65. Ketteni, Elena & Kottaridi, Constantina, 2019. "Credit market deregulation and economic growth: Further insights using a marginal integration approach," Journal of Macroeconomics, Elsevier, vol. 62(C).
    66. Pravakar Sahoo & Ranjan Kumar Dash & Yoon Jung Choi, 2021. "Do Absorptive Capacities matter for FPI-Growth Nexus? Evidence from Cross-country Analysis," IEG Working Papers 435, Institute of Economic Growth.
    67. Ilene Grabel, 2013. "The Rebranding of Capital Controls in an Era of Productive Incoherence," Working Papers wp318, Political Economy Research Institute, University of Massachusetts at Amherst.
    68. Sionfou Seydou Coulibaly & Lewis Landry Gakpa & Issouf Soumaré, 2018. "The Role of Property Rights in the Relationship between Capital Flows and Economic Growth in SSA: Do Natural Resources Endowment and Country Income Level Matter?," African Development Review, African Development Bank, vol. 30(1), pages 112-130, March.
    69. Kunieda, Takuma & Okada, Keisuke & Shibata, Akihisa, 2011. "Corruption, Globalization, and Economic Growth: Theory and Evidence," MPRA Paper 35355, University Library of Munich, Germany.
    70. Altu Kazar & G rkemli Kazar, 2016. "Globalization, Financial Development and Economic Growth," International Journal of Economics and Financial Issues, Econjournals, vol. 6(2), pages 578-587.
    71. Ali Ahmadpour Kacho & Nazar Dahmardeh, 2017. "The Effects of Financial Development and Institutional Quality on Economic Growth with the Dynamic Panel Data Generalized Moment Method Method: Evidence from the Organization for Economical Cooperatio," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 461-467.
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    73. Helder Ferreira de Mendonça & Natália Ferreira Trigo, 2024. "What is the effect of imported inflation and central bank credibility on the poor and rich?," Applied Economics, Taylor & Francis Journals, vol. 56(21), pages 2520-2543, May.
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  19. Jha, Shikha & Prasad, Eswar & Terada-Hagiwara, Akiko, 2009. "Saving in Asia: Issues for Rebalancing Growth," ADB Economics Working Paper Series 162, Asian Development Bank.

    Cited by:

    1. Marcin KOLASA, 2010. "Real Convergence and Its Illusions," EcoMod2010 259600094, EcoMod.
    2. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2011. "Rebalancing Growth in China: An International Perspective," Working Papers 2011-08, CEPII research center.
    3. Peter J. Morgan, 2010. "The Role of Macroeconomic Policy in Rebalancing Growth," Macroeconomics Working Papers 23271, East Asian Bureau of Economic Research.
    4. International Monetary Fund, 2010. "Post-Crisis Fiscal Policy Priorities for the ASEAN-5," IMF Working Papers 2010/252, International Monetary Fund.
    5. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2011. "The Determinants and Long-term Projections of Saving Rates in Developing Asia," NBER Working Papers 17581, National Bureau of Economic Research, Inc.
    6. Guonan Ma & Wang Yi, 2010. "China's high saving rate: myth and reality," BIS Working Papers 312, Bank for International Settlements.
    7. Chang, Xiao & An, Tongliang & Tam, Pui Sun & Gu, Xinhua, 2020. "National savings rate and sectoral income distribution: An empirical look at China," China Economic Review, Elsevier, vol. 61(C).
    8. Ashley Gunter & Kenneth Manuel, 2016. "A role for housing in development: Using housing as a catalyst for development in South Africa," Local Economy, London South Bank University, vol. 31(1-2), pages 312-321, February.
    9. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2013. "China and global rebalancing: A two-country approach," Post-Print hal-00825239, HAL.
    10. Jain, Neha & Goli, Srinivas, 2021. "Demographic Change and Private Savings in India," SocArXiv n73ab, Center for Open Science.
    11. Clovis Kerdrain & Isabell Koske & Isabelle Wanner, 2010. "The Impact of Structural Policies on Saving, Investment and Current Accounts," OECD Economics Department Working Papers 815, OECD Publishing.
    12. Clovis Kerdrain & Isabell Koske & Isabelle Wanner, 2011. "Current Account Imbalances: can Structural Reforms Help to Reduce Them?," OECD Journal: Economic Studies, OECD Publishing, vol. 2011(1), pages 1-44.
    13. Terada-Hagiwara, Akiko, 2009. "Explaining Filipino Households’ Declining Saving Rate," ADB Economics Working Paper Series 178, Asian Development Bank.
    14. Sahoo, Pravakar & Dash, Ranjan Kumar, 2013. "Financial sector development and domestic savings in South Asia," Economic Modelling, Elsevier, vol. 33(C), pages 388-397.

  20. Prasad, Eswar, 2009. "India's Approach to Capital Account Liberalization," IZA Discussion Papers 3927, Institute of Labor Economics (IZA).

    Cited by:

    1. Patnaik, Ila & Shah, Ajay, 2010. "Why India Choked when Lehman Broke," India Policy Forum, National Council of Applied Economic Research, vol. 6(1), pages 39-72.
    2. Dilip K. Das, 2010. "Financial globalization: a macroeconomic angle," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 2(4), pages 307-325, November.
    3. Ila Patnaik & Ajay Shah, 2012. "Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 60(3), pages 439-464, September.

  21. Eswar S. Prasad, 2009. "India’s Approach to Capital Account Liberalization," Working Papers id:2043, eSocialSciences.

    Cited by:

    1. Patnaik, Ila & Shah, Ajay, 2010. "Why India Choked when Lehman Broke," India Policy Forum, National Council of Applied Economic Research, vol. 6(1), pages 39-72.

  22. Kose, M. Ayhan & Prasad, Eswar & Taylor, Ashley D., 2009. "Thresholds in the Process of International Financial Integration," IZA Discussion Papers 4133, Institute of Labor Economics (IZA).

    Cited by:

    1. Oasis Kodila-Tedika & Simplice Asongu & Matthias Cinyabuguma & Vanessa Tchamyou, 2017. "Financial Development and Pre-historic Geographical Isolation: Global Evidence," Working Papers of the African Governance and Development Institute. 17/041, African Governance and Development Institute..
    2. Beck, Roland & Berganza, Juan Carlos & Brüggemann, Axel & Cezar, Rafael & Eijking, Carlijn & Eller, Markus & Fuentes, Alberto & Alves, Joel Graça & Kreitz, Lilian & Marsilli, Clement & Moder, Isabella, 2023. "Recent advances in the literature on capital flow management," Occasional Paper Series 317, European Central Bank.
    3. Yung Chul Park & Shinji Takagi, 2012. "Managing Capital Flows in an Economic Community : The Case of ASEAN Capital Account Liberalization," Finance Working Papers 23329, East Asian Bureau of Economic Research.
    4. Ndubuisi, Gideon, 2020. "Fettered cross-border capital flows, external finance dependence, and international trade," International Economics, Elsevier, vol. 164(C), pages 206-216.
    5. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    6. Asongu, Simplice & De Moor, Lieven & Tchamyou, Vanessa, 2015. "Pre- and post-crisis dynamics of financial globalisation for financial development in Africa," MPRA Paper 70238, University Library of Munich, Germany.
    7. Raouf Boucekkine & Benteng Zou, 2019. "A Pedagogical Note on Risk Sharing Versus Instability in International Financial Integration: When Obstfeld Meets Stiglitz," Post-Print hal-01996294, HAL.
    8. Yeyati, Eduardo Levy & Williams, Tomas, 2012. "Emerging economies in the 2000s : real decoupling and financial recoupling," Policy Research Working Paper Series 5961, The World Bank.
    9. Asongu Simplice, 2011. "Globalization, financial crisis and contagion: time-dynamic evidence from financial markets of developing countries," Working Papers of the African Governance and Development Institute. 11/004, African Governance and Development Institute..
    10. Philip R. Lane IIIS, Trinity College Dublin and CEPR, 2009. "Innovation and Financial Globalisation," The Institute for International Integration Studies Discussion Paper Series iiisdp299, IIIS.
    11. Simplice A. Asongu & Lieven De Moor, 2015. "Recent advances in finance for inclusive development: a survey," Research Africa Network Working Papers 15/005, Research Africa Network (RAN).
    12. Simplice Anutechia Asongu, 2014. "Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa," AAYE Policy Research Working Paper Series 14_016, Association of African Young Economists, revised Sep 2014.
    13. Shiyi Wang, 2019. "Capital Flow Volatility: The Effects of Financial Development and Global Financial Conditions," 2019 Papers pwa945, Job Market Papers.
    14. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020. "The Openness Hypothesis in the Context of Economic Development in Sub-Saharan Africa: The Moderating Role of Trade Dynamics on FDI," Research Africa Network Working Papers 20/056, Research Africa Network (RAN).
    15. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2019. "The Comparative African Regional Economics of Globalization in Financial Allocation Efficiency: Pre-Crisis Era Revisited," Working Papers of the African Governance and Development Institute. 19/085, African Governance and Development Institute..
    16. Nguyen, Dung Thuy Thi & Diaz-Rainey, Ivan & Roberts, Helen & Le, Minh, 2021. "Loans from my neighbours: East Asian commercial banks, financial integration, and bank default risk," International Review of Financial Analysis, Elsevier, vol. 74(C).
    17. Asongu, Simplice & De Moor, Lieven, 2015. "Financial globalisation dynamic thresholds for financial development: evidence from Africa," MPRA Paper 68663, University Library of Munich, Germany.
    18. Kevin Gallagher, 2011. "Regaining Control? Capital Controls and the Global Financial Crisis," Working Papers wp250, Political Economy Research Institute, University of Massachusetts at Amherst.
    19. Chen, Jinzhao & Quang, Thérèse, 2014. "The impact of international financial integration on economic growth: New evidence on threshold effects," Economic Modelling, Elsevier, vol. 42(C), pages 475-489.
    20. Raouf Boucekkine & Benteng Zou, 2017. "A note on risk sharing versus instability in international financial integration: When Obstfeld meets Stiglitz," DEM Discussion Paper Series 17-19, Department of Economics at the University of Luxembourg.
    21. Zhang, Haiping, 2022. "Upstream financial flows, intangible investment, and allocative efficiency," Journal of Macroeconomics, Elsevier, vol. 72(C).
    22. Akira Kohsaka, 2024. "Why Does Euro’s Survival Matter? Financial Integration in East Asia and European Union," OSIPP Discussion Paper 24E001, Osaka School of International Public Policy, Osaka University.
    23. Simplice Asongu & Uchenna Efobi & Ibukun Beecroft, 2015. "Inclusive Human Development in Pre-crisis Times of Globalization-driven Debts," African Development Review, African Development Bank, vol. 27(4), pages 428-442, December.
    24. Boucekkine, R. & Fabbri, G. & Pintus, P., 2014. "Growth and financial liberalization under capital collateral constraints: The striking case of the stochastic AK model with CARA preferences," Economics Letters, Elsevier, vol. 122(2), pages 303-307.
    25. Vogel, Ursula & Winkler, Adalbert, 2010. "Foreign banks and financial stability in emerging markets: Evidence from the global financial crisis," Frankfurt School - Working Paper Series 149, Frankfurt School of Finance and Management.
    26. Kwabi, Frank O. & Boateng, Agyenim & Adegbite, Emmanuel, 2018. "The impact of stringent insider trading laws and institutional quality on cost of capital," International Review of Financial Analysis, Elsevier, vol. 60(C), pages 127-137.
    27. Özmen, Erdal & Taşdemir, Fatma, 2024. "Globalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 168-176.
    28. Anwar, Sajid & Cooray, Arusha, 2012. "Financial development, political rights, civil liberties and economic growth: Evidence from South Asia," Economic Modelling, Elsevier, vol. 29(3), pages 974-981.
    29. Karime Chahuán-Jiménez & Rolando Rubilar-Torrealba & Hanns de la Fuente-Mella, 2021. "Market Openness and Its Relationship to Connecting Markets Due to COVID-19," Sustainability, MDPI, vol. 13(19), pages 1-12, October.
    30. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "The Comparative Inclusive Human Development of Globalisation in Africa," MPRA Paper 76122, University Library of Munich, Germany, revised Sep 2016.
    31. Andrieş, Alin Marius & Chiper, Alexandra Maria & Ongena, Steven & Sprincean, Nicu, 2024. "External wealth of nations and systemic risk," Journal of Financial Stability, Elsevier, vol. 70(C).
    32. Li, Zhongda & Liu, Lu, 2018. "Financial globalization, domestic financial freedom and risk sharing across countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 55(C), pages 151-169.
    33. Samia Nasreen & Sofia Anwar, 2020. "Financial Stability And The Role Of Economic And Financial Integration In South Asia: Evidence From Time-Series Data," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 65(02), pages 303-333, March.
    34. Simplice Asongu & Jacinta Nwachukwu, 2018. "Recent finance advances in information technology for inclusive development: a systematic review," Working Papers of the African Governance and Development Institute. 18/040, African Governance and Development Institute..
    35. Rodolphe Desbordes, 2022. "Financial foreign direct investment and the economic performance of developing countries," Review of International Economics, Wiley Blackwell, vol. 30(4), pages 1229-1257, September.
    36. Rui Esteves, 2011. "The Political Economy of Global Financial Liberalisation in Historical Perspective," Oxford Economic and Social History Working Papers _089, University of Oxford, Department of Economics.
    37. Karine Gente & Miguel A. León-Ledesma & Carine Nourry, 2013. "External Constraints and Endogenous Growth: Why Didn't Some Countries Benefit from Capital Flows?," Working Papers halshs-00822385, HAL.
    38. Simplice A. Asongu, 2017. "Assessing marginal, threshold and net effects of financial globalisation on financial development in Africa," Research Africa Network Working Papers 17/015, Research Africa Network (RAN).
    39. Bhattacharya, Rudrani & Patnaik, Ila & Pundit, Madhavi, 2013. "Emerging economy business cycles: Financial integration and terms of trade shocks," Working Papers 13/120, National Institute of Public Finance and Policy.
    40. Huong Le, 2020. "The Impact of Financial Integration on the Labor Share of Income: An Empirical Evidence from a Panel Dataset," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 63(3), pages 597-627, September.
    41. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
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  23. Prasad, Eswar, 2009. "Rebalancing Growth in Asia," IZA Discussion Papers 4298, Institute of Labor Economics (IZA).

    Cited by:

    1. Rickne, Johanna, 2013. "Labor market conditions and social insurance in China," China Economic Review, Elsevier, vol. 27(C), pages 52-68.
    2. Barry Eichengreen, 2009. "The financial crisis and global policy reforms," Proceedings, Federal Reserve Bank of San Francisco, issue Oct, pages 299-334.
    3. Scott Bowman & Patrick Conway, 2013. "China’s recent growth and its impact on the New Zealand economy," Treasury Working Paper Series 13/15, New Zealand Treasury.
    4. Marcin KOLASA, 2010. "Real Convergence and Its Illusions," EcoMod2010 259600094, EcoMod.
    5. Boysen-Hogrefe, Jens & Gern, Klaus-Jürgen & Jannsen, Nils, 2009. "Global imbalances after the financial crisis," Kiel Policy Brief 7, Kiel Institute for the World Economy (IfW Kiel).
    6. Glawe, Linda & Wagner, Helmut, 2016. "China in the Middle-Income Trap?," MPRA Paper 73336, University Library of Munich, Germany.
    7. Joseph P. H. Fan & Randall Morck & Bernard Yeung, 2012. "Translating Market Socialism with Chinese Characteristics into Sustained Prosperity," NBER Chapters, in: Capitalizing China, pages 1-32, National Bureau of Economic Research, Inc.
    8. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2011. "Rebalancing Growth in China: An International Perspective," Working Papers 2011-08, CEPII research center.
    9. Kivanç Halil Ariç & Siok Kun Sek & Miguel Rocha de Sousa, 2018. "Current Account Balance in Emerging Asia," CEFAGE-UE Working Papers 2018_02, University of Evora, CEFAGE-UE (Portugal).
    10. Cheung, Diana & Padieu, Ysaline, 2015. "Heterogeneity of the Effects of Health Insurance on Household Savings: Evidence from Rural China," World Development, Elsevier, vol. 66(C), pages 84-103.
    11. P. Butzen & W. Melyn & W. Vandevyvere, 2010. "Rebalancing global demand," Economic Review, National Bank of Belgium, issue ii, pages 21-38, September.
    12. Yilmaz Akyuz, 2015. "The Global Economic Crisis and Asian Developing Countries: Impact, Policy Response and Medium Term Prospects," Working Papers id:7062, eSocialSciences.
    13. Bai, Chong-En & Wu, Binzhen, 2014. "Health insurance and consumption: Evidence from China’s New Cooperative Medical Scheme," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 450-469.
    14. Menzie D. Chinn, 2012. "China, East Asia and global rebalancing," Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), European Integration in a Global Economy, chapter 4, pages 24-35, Edward Elgar Publishing.
    15. Bhaumik, Sumon Kumar & Owolabi, Oluwarotimi & Pal, Sarmistha, 2018. "Private information, institutional distance, and the failure of cross-border acquisitions: Evidence from the banking sector in Central and Eastern Europe," Journal of World Business, Elsevier, vol. 53(4), pages 504-513.
    16. Peter J. Morgan, 2010. "The Role of Macroeconomic Policy in Rebalancing Growth," Macroeconomics Working Papers 23271, East Asian Bureau of Economic Research.
    17. Chamon, Marcos & Liu, Kai & Prasad, Eswar, 2010. "Income Uncertainty and Household Savings in China," IZA Discussion Papers 5331, Institute of Labor Economics (IZA).
    18. International Monetary Fund, 2010. "Post-Crisis Fiscal Policy Priorities for the ASEAN-5," IMF Working Papers 2010/252, International Monetary Fund.
    19. Charles Yuji Horioka & Akiko Terada-Hagiwara, 2011. "The Determinants and Long-term Projections of Saving Rates in Developing Asia," NBER Working Papers 17581, National Bureau of Economic Research, Inc.
    20. Bruno Jetin & Luis Reyes Ortiz, 2020. "Wage-led demand as a rebalancing strategy for economic growth in China," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 43(3), pages 341-366, July.
    21. Prasad, Eswar, 2010. "Financial Sector Regulation and Reforms in Emerging Markets: An Overview," IZA Discussion Papers 5233, Institute of Labor Economics (IZA).
    22. Ito, Hiro & Volz, Ulrich, 2012. "The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms," ADBI Working Papers 393, Asian Development Bank Institute.
    23. Guonan Ma & Wang Yi, 2010. "China's high saving rate: myth and reality," BIS Working Papers 312, Bank for International Settlements.
    24. Chang, Xiao & An, Tongliang & Tam, Pui Sun & Gu, Xinhua, 2020. "National savings rate and sectoral income distribution: An empirical look at China," China Economic Review, Elsevier, vol. 61(C).
    25. Wang, Shoukun, 2016. "China's interregional capital mobility: A spatial econometric estimation," China Economic Review, Elsevier, vol. 41(C), pages 114-128.
    26. Inderjit Kaur & Nirvikar Singh, 2013. "China, India, And Industrial Policy For Inclusive Growth," China Economic Policy Review (CEPR), World Scientific Publishing Co. Pte. Ltd., vol. 2(01), pages 1-27.
    27. Gupta, Avnesh Kumar, 2014. "Industrial Policy for Inclusive Growth: An Analysis of Experiences of India and China," MPRA Paper 80035, University Library of Munich, Germany, revised 01 Mar 2014.
    28. Ashley Gunter & Kenneth Manuel, 2016. "A role for housing in development: Using housing as a catalyst for development in South Africa," Local Economy, London South Bank University, vol. 31(1-2), pages 312-321, February.
    29. Joseph P. H. Fan & Randall Morck, 2012. "Capitalizing China," NBER Books, National Bureau of Economic Research, Inc, number morc10-1.
    30. Park, Donghyun & Shin, Kwanho & Tian, Shu, 2018. "Do Local Currency Bond Markets Enhance Financial Stability?," ADB Economics Working Paper Series 563, Asian Development Bank.
    31. Agnès Bénassy-Quéré & Benjamin Carton & Ludovic Gauvin, 2013. "China and global rebalancing: A two-country approach," Post-Print hal-00825239, HAL.
    32. Jain, Neha & Goli, Srinivas, 2021. "Demographic Change and Private Savings in India," SocArXiv n73ab, Center for Open Science.
    33. Clovis Kerdrain & Isabell Koske & Isabelle Wanner, 2010. "The Impact of Structural Policies on Saving, Investment and Current Accounts," OECD Economics Department Working Papers 815, OECD Publishing.
    34. Juthathip Jongwanich, 2020. "Export diversification, margins and economic growth at industrial level: Evidence from Thailand," The World Economy, Wiley Blackwell, vol. 43(10), pages 2674-2722, October.
    35. Hong, Pingfan & Li, Hung-Yi, 2017. "Avoiding pitfalls in China’s transition of its growth model," Journal of Policy Modeling, Elsevier, vol. 39(4), pages 712-728.
    36. Mohammed Ziaur Rehman & Nasir Ali & Najeeb Muhammad Nasir, 2015. "Financial Development, Savings and Economic Growth: Evidence from Bahrain Using VAR," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 6(2), pages 112-123, April.
    37. Marchetti, Juan & Ruta, Michele & Teh, Robert, 2012. "Trade imbalances and multilateral trade cooperation," WTO Staff Working Papers ERSD-2012-23, World Trade Organization (WTO), Economic Research and Statistics Division.
    38. Yongfu Cao & Wendy Dobson & Yiping Huang & Peter A. Petri & Michael Plummer & Raimundo Soto & Shinji Takagi, 2010. "Inclusive, Balanced, Sustained Growth in the Asia-Pacific," Documentos de Trabajo 370, Instituto de Economia. Pontificia Universidad Católica de Chile..
    39. Nelson Mark & Steven Lugauer & Clayton Sadler, 2012. "The Role of Household Saving in the Economic Rise of China," Working Papers 004, University of Notre Dame, Department of Economics, revised Jun 2012.
    40. Nguyen, Anh & Nguyen, Mai & Doan, Hung, 2013. "The Viet Nam National Innovation System: A Diagnostic Review," MPRA Paper 58712, University Library of Munich, Germany.
    41. Clovis Kerdrain & Isabell Koske & Isabelle Wanner, 2011. "Current Account Imbalances: can Structural Reforms Help to Reduce Them?," OECD Journal: Economic Studies, OECD Publishing, vol. 2011(1), pages 1-44.
    42. Morgan, Horatio M., 2013. "The Political Economy of Trade-Financial Liberalization and Financial Underdevelopment: A perspective from China," MPRA Paper 50031, University Library of Munich, Germany.
    43. Mustapha K. Nabli, 2011. "The Great Recession and Developing Countries : Economic Impact and Growth Prospects," World Bank Publications - Books, The World Bank Group, number 2539, December.
    44. Morris Goldstein & Daniel Xie, 2009. "The impact of the financial crisis on emerging Asia," Proceedings, Federal Reserve Bank of San Francisco, issue Oct, pages 27-80.
    45. Boysen-Hogrefe, Jens & Gern, Klaus-Jürgen & Jannsen, Nils, 2009. "Will global imbalances decrease or even increase?," Open Access Publications from Kiel Institute for the World Economy 32967, Kiel Institute for the World Economy (IfW Kiel).
    46. Helmut Wagner, 2017. "The building up of new imbalances in China: the dilemma with ‘rebalancing’," International Economics and Economic Policy, Springer, vol. 14(4), pages 701-722, October.
    47. Chan, Kenneth S. & Dang, Vinh Q.T. & Lai, Jennifer T. & Yan, Isabel K.M., 2011. "Regional capital mobility in China: 1978–2006," Journal of International Money and Finance, Elsevier, vol. 30(7), pages 1506-1515.
    48. Thammarak Moenjak & Kengjai Watjanapukka & Oramone Chantapant & Teeravit Pobsukhirun, 2010. "New Globalization: Risks and Opportunities for Thailand in the Next Decade," Working Papers 2010-04, Monetary Policy Group, Bank of Thailand.
    49. Shafaeddin, Mehdi, 2010. "The Role of China in Regional South-South Trade in Asia-Pacific: Prospects for industrialization of the low-income countries," MPRA Paper 26358, University Library of Munich, Germany.
    50. Andrzej Wojtyna, 2010. "Gospodarki wschodzące w obliczu kryzysu finansowego: duża odporność czy podatność?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 25-45.
    51. Terada-Hagiwara, Akiko, 2009. "Explaining Filipino Households’ Declining Saving Rate," ADB Economics Working Paper Series 178, Asian Development Bank.
    52. Wagner, Helmut, 2017. "On the (non-)sustainability of China’s development strategies," CEAMeS Discussion Paper Series 6/2017, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS).
    53. Debabrata Datta & Babita Agarwal, 2014. "Corporate Investment Behaviour in India During 1998–2012," Paradigm, , vol. 18(1), pages 87-102, June.
    54. Duy-Tung Bui, 2018. "Fiscal policy and national saving in emerging Asia: challenge or opportunity?," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(2), pages 305-322, August.
    55. Menzie D. Chinn, 2012. "Imbalances, Overheating and the Prospects for Global Recovery," Chapters, in: Maurice Obstfeld & Dongchul Cho & Andrew Mason (ed.), Global Economic Crisis, chapter 6, Edward Elgar Publishing.
    56. Weiping Li & Guotai Chi & Lan Wu, 2015. "Empirical Study on Saving and Investment Relation in China: 1952¡ª2011," Review of Economics & Finance, Better Advances Press, Canada, vol. 5, pages 81-99, May.
    57. Petri, Peter A. & Plummer, Michael G., 2009. "The triad in crisis: What we learned and how it will change global cooperation," Journal of Asian Economics, Elsevier, vol. 20(6), pages 700-713, November.
    58. Luis Servén & Ha Nguyen, 2013. "Global Imbalances: Origins and Prospects," The World Bank Research Observer, World Bank, vol. 28(2), pages 191-219, August.
    59. Sahoo, Pravakar & Dash, Ranjan Kumar, 2013. "Financial sector development and domestic savings in South Asia," Economic Modelling, Elsevier, vol. 33(C), pages 388-397.
    60. Péter Benczúr & István Kónya, 2022. "Convergence to the Centre," Contributions to Economics, in: László Mátyás (ed.), Emerging European Economies after the Pandemic, chapter 0, pages 1-51, Springer.

  24. Eswar S. Prasad, 2009. "Some New Perspectives on India's Approach to Capital Account Liberalization," NBER Working Papers 14658, National Bureau of Economic Research, Inc.

    Cited by:

    1. Verberi, Can & Yasar, Sema & Sugozu, Ibrahim Halil, 2023. "Capital liberalization, growth and moral hazard: Lessons from the global financial crisis," International Review of Financial Analysis, Elsevier, vol. 90(C).
    2. Rabin Hattari & Ramkishen Rajan, 2010. "India as a Source of Outward Foreign Direct Investment," Oxford Development Studies, Taylor & Francis Journals, vol. 38(4), pages 497-518.
    3. Thomas Willett, 2010. "Some lessons for economists from the financial crisis," Indian Growth and Development Review, Emerald Group Publishing Limited, vol. 3(2), pages 186-208, September.
    4. Singla, Chitra & George, Rejie, 2013. "Internationalization and performance: A contextual analysis of Indian firms," Journal of Business Research, Elsevier, vol. 66(12), pages 2500-2506.
    5. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
    6. Patnaik, Ila & Shah, Ajay, 2010. "Why India Choked when Lehman Broke," India Policy Forum, National Council of Applied Economic Research, vol. 6(1), pages 39-72.
    7. Gurbachan Singh, 2012. "Financial Stability Reports (FSR) of the Reserve Bank of India (RBI), March and December, 2010: A Critical Review with a Long-term Perspective," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 6(1), pages 27-46, February.
    8. Ejaz Ghani, 2011. "Reshaping Tomorrow : Is South Asia Ready for the Big Leap?," World Bank Publications - Books, The World Bank Group, number 16360, December.
    9. Majumder, Sayantan Bandhu, 2021. "Is Capital flow in India expansionary or contractionary?," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(4), pages 121-135, December.

  25. Prasad, Eswar & Rajan, Raghuram G., 2008. "A Pragmatic Approach to Capital Account Liberalization," IZA Discussion Papers 3475, Institute of Labor Economics (IZA).

    Cited by:

    1. Ndubuisi, Gideon, 2020. "Fettered cross-border capital flows, external finance dependence, and international trade," International Economics, Elsevier, vol. 164(C), pages 206-216.
    2. Derek Kellenberg & Arik Levinson, 2017. "Misreporting Trade: Tariff Evasion, Corruption, and Auditing Standards," Working Papers gueconwpa~17-17-03, Georgetown University, Department of Economics.
    3. Rodrigo Mesa-Arango & Badri Narayanan & Satish V. Ukkusuri, 2019. "The Impact of International Crises on Maritime Transportation Based Global Value Chains," Networks and Spatial Economics, Springer, vol. 19(2), pages 381-408, June.
    4. Simplice A. Asongu & Lieven De Moor, 2015. "Recent advances in finance for inclusive development: a survey," Research Africa Network Working Papers 15/005, Research Africa Network (RAN).
    5. Asongu, Simplice & Nting, Rexon & Nnanna, Joseph, 2019. "Linkages between Globalisation, Carbon dioxide emissions and Governance in Sub-Saharan Africa," MPRA Paper 101534, University Library of Munich, Germany.
    6. Eswar S. Prasad, 2009. "India’s Approach to Capital Account Liberalization," Working Papers id:2043, eSocialSciences.
    7. Barry Eichengreen, 2009. "From the Asian crisis to the global credit crisis: reforming the international financial architecture redux," International Economics and Economic Policy, Springer, vol. 6(1), pages 1-22, June.
    8. Asongu, Simplice & De Moor, Lieven, 2015. "Financial globalisation dynamic thresholds for financial development: evidence from Africa," MPRA Paper 68663, University Library of Munich, Germany.
    9. Prasad, Eswar, 2009. "Rebalancing Growth in Asia," IZA Discussion Papers 4298, Institute of Labor Economics (IZA).
    10. Verberi, Can & Yasar, Sema & Sugozu, Ibrahim Halil, 2023. "Capital liberalization, growth and moral hazard: Lessons from the global financial crisis," International Review of Financial Analysis, Elsevier, vol. 90(C).
    11. Frankel, Jeffrey A., 2010. "Are Bilateral Remittances Countercyclical?," Scholarly Articles 4450131, Harvard Kennedy School of Government.
    12. Kose, M. Ayhan & Prasad, Eswar S. & Taylor, Ashley D., 2009. "Thresholds in the process of international financial integration," Policy Research Working Paper Series 5149, The World Bank.
    13. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    14. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "The role of Globalization in Modulating the Effect of Environmental Degradation on Inclusive Human Development," Working Papers of the African Governance and Development Institute. 20/015, African Governance and Development Institute..
    15. Rajeswari Sengupta & Abhijit Sen Gupta, 2015. "Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination," Working Papers id:7663, eSocialSciences.
    16. Mr. Tamim Bayoumi & Ms. Franziska L Ohnsorge, 2013. "Do Inflows or Outflows Dominate? Global Implications of Capital Account Liberalization in China," IMF Working Papers 2013/189, International Monetary Fund.
    17. Pasricha, Gurnain Kaur, 2008. "Imperfect Competition in Financial Markets and Capital Controls: A Model and a Test," MPRA Paper 12125, University Library of Munich, Germany.
    18. Carlos Alberto Piscarreta Pinto Ferreira, 2021. "Does Public Debt Ownership Structure Matter for a Borrowing Country?," Working Papers REM 2021/0190, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    19. Gurnain Pasricha, 2010. "Bank Competition and International Financial Integration: Evidence Using a New Index," Staff Working Papers 10-35, Bank of Canada.
    20. Rajeswari Sengupta & Abhijit Sen Gupta, 2019. "Alternate instruments to manage the capital flow conundrum: A study of selected Asian economies," Pacific Economic Review, Wiley Blackwell, vol. 24(2), pages 241-268, May.
    21. Simplice A. Asongu, 2017. "Assessing marginal, threshold and net effects of financial globalisation on financial development in Africa," Research Africa Network Working Papers 17/015, Research Africa Network (RAN).
    22. Asongu, Simplice & Koomson, Isaac & Tchamyou, Vanessa, 2016. "Financial globalisation uncertainty/instability is good for financial development," MPRA Paper 70239, University Library of Munich, Germany.
    23. Takuma Kunieda & Kazuo Nishimura, 2023. "Capital Account Liberalization, Financial Frictions, and Belief-Driven Fluctuations," Discussion Paper Series 244, School of Economics, Kwansei Gakuin University.
    24. Kitano, Shigeto, 2011. "Capital controls and welfare," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 700-710.
    25. Philip Arestis & Asena Caner, 2010. "Capital account liberalisation and poverty: how close is the link?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(2), pages 295-323, March.
    26. Sen Gupta, Abhijit & Sengupta, Rajeswari, 2013. "Management of Capital Flows in India: 1990-2011," MPRA Paper 46217, University Library of Munich, Germany.
    27. Shivangi JAISWAL & Dr. N. KUBENDRAN, 2021. "Capital account liberalisation in India: Volatility of capital flows and selective policy issues," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(626), S), pages 201-218, Spring.
    28. Kanbur, Ravi, 2009. "The Co-Evolution of the Washington Consensus and The Economic Development Discourse," Working Papers 48920, Cornell University, Department of Applied Economics and Management.
    29. Mr. Olaf Unteroberdoerster & Ms. Runchana Pongsaparn, 2011. "Financial Integration and Rebalancing in Asia," IMF Working Papers 2011/243, International Monetary Fund.
    30. Asongu, Simplice & Odhiambo, Nicholas, 2020. "Trade and FDI Thresholds of CO2 emissions for a Green Economy in Sub-Saharan Africa," MPRA Paper 107494, University Library of Munich, Germany.
    31. Abhijit Sen Gupta & Ganesh Manjhi, "undated". "Capital Flows and the Impossible Trinity: The Indian Experience," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 11-02, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.
    32. Ayadi, Rym & Arbak, Emrah & Ben-Naceur, Sami & De Groen, Willem Pieter, 2013. "Determinants of Financial Development across the Mediterranean," CEPS Papers 7770, Centre for European Policy Studies.
    33. Chan, Mark K. & Kwok, Simon, 2014. "Connecting the Markets? Recent Evidence on China's Capital Account Liberalization," Working Papers 2014-11, University of Sydney, School of Economics.
    34. A.Yasemin YALTA & Bahar BAYRAKTAR-SAGLAM, 2016. "Interaction Between Capital Flows And Current Account: A Dynamic Panel Causality Analysis Of 19 Emerging Market Economies For The Period 1980 To 2009," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(2), pages 25-32.
    35. Hiro Ito & Masahiro Kawai, 2014. "Determinants of the Trilemma Policy Combination," Macroeconomics Working Papers 23967, East Asian Bureau of Economic Research.
    36. Asongu, Simplice, 2015. "Financial development in Africa - a critical examination," MPRA Paper 82131, University Library of Munich, Germany.
    37. Sean Holly & Mehdi Raissi, 2009. "The Macroeconomic Effects of European Financial Development: A Heterogenous Panel Analysis," Working Paper / FINESS 1.4, DIW Berlin, German Institute for Economic Research.
    38. Masahiro Kawai, 2010. "Reform of the International Financial Architecture: An Asian Perspective," Working Papers id:3066, eSocialSciences.
    39. Li, Xiang & Su, Dan, 2022. "Total factor productivity growth at the firm-level: The effects of capital account liberalization," Journal of International Economics, Elsevier, vol. 139(C).
    40. Eswar S. Prasad, 2009. "Some New Perspectives on India's Approach to Capital Account Liberalization," NBER Working Papers 14658, National Bureau of Economic Research, Inc.
    41. Majumder Sayantan Bandhu & Nag Ranjanendra Narayan, 2017. "Policy Trilemma in India: Exchange Rate Stability, Independent Monetary Policy and Capital Account Openness," Global Economy Journal, De Gruyter, vol. 17(3), pages 1-13, September.
    42. Eswar S. Prasad, 2011. "Role Reversal in Global Finance," NBER Working Papers 17497, National Bureau of Economic Research, Inc.
    43. Ayhan Kose, M. & Prasad, Eswar S. & Terrones, Marco E., 2009. "Does openness to international financial flows raise productivity growth?," Journal of International Money and Finance, Elsevier, vol. 28(4), pages 554-580, June.
    44. Barry Eichengreen & Masahiro Kawai, 2014. "Issues for Renminbi Internationalization : An Overview," Macroeconomics Working Papers 23961, East Asian Bureau of Economic Research.
    45. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
    46. Pragyanrani BEHERA & Prajukta TRIPATHY & Bikash Ranjan MISHRA, 2020. "Do export, financial development, and institutions affect FDI outflows? Insights from Asian developing countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(623), S), pages 175-190, Summer.
    47. Marc K Chan, 2014. "How Well Do Prices Converge in Anticipation of Capital Control Liberalization? Evidence from a Chinese Reform," Working Paper Series 22, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    48. Mauricio Villamizar-Villegas & Lucía Arango-Lozano & Geraldine Castelblanco & Nicolás Fajardo-Baquero & Maria A. Ruiz-Sanchez, 2022. "The effects of Monetary Policy on Capital Flows A Meta-Analysis," Borradores de Economia 1204, Banco de la Republica de Colombia.
    49. G. Andrew Karolyi & David T. Ng & Eswar S. Prasad, 2015. "The Coming Wave: Where Do Emerging Market Investors Put Their Money?," NBER Working Papers 21661, National Bureau of Economic Research, Inc.
    50. Sasidaran Gopalan, 2015. "Financial Liberalization and Foreign Bank Entry in Emerging and Developing Economies: What Does the Literature Tell Us?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 6(02), pages 1-25.
    51. Mahmood Pradhan & Mr. Shanaka J Peiris & Mr. Mangal Goswami & Dulani Seneviratne & Mr. Joshua Felman & Andreas Jobst & Mr. Simon T Gray, 2011. "Asean Bond Market Development: Where Does it Stand? Where is it Going?," IMF Working Papers 2011/137, International Monetary Fund.
    52. Hiro Ito & Masahiro Kawai, 2018. "Quantity and Quality Measures of Financial Development: Implications for Macroeconomic Performance," Discussion papers 1803e, ERINA - Economic Research Institute for Northeast Asia.
    53. Hsing, Yu, 2013. "Impacts Of The Three Trilemma Policies On Inflation, Growth And Volatility For Ten Selected Asian And Pacific Countries," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 9(1-2), January.
    54. Joshua Aizenman & Hiro Ito, 2012. "Trilemma Policy Convergence Patterns and Output Volatility," Working Papers 112012, Hong Kong Institute for Monetary Research.
    55. 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.
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    57. Ohno, Sanae & Shimizu, Junko, 2015. "Do exchange rate arrangements and capital controls influence international capital flows and housing prices in Asia?," Journal of Asian Economics, Elsevier, vol. 39(C), pages 1-18.
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    59. Thomas Barnebeck Andersen & Sam Jones & Finn Tarp, 2012. "The Finance–Growth Thesis: A Sceptical Assessment-super- †," Journal of African Economies, Centre for the Study of African Economies, vol. 21(suppl_1), pages -88, January.
    60. Aizenman, Joshua & D. Chinn, Menzie & Ito, Hiro, 2009. "Surfing the Waves of Globalization: Asia and Financial Globalization in the Context of the Trilemma," ADB Economics Working Paper Series 180, Asian Development Bank.
    61. Mark Kruger & Gurnain Pasricha, 2016. "What to Expect When China Liberalizes Its Capital Account," Discussion Papers 16-10, Bank of Canada.
    62. Philip R. Lane, 2008. "The Macroeconomics of Financial Integration: A European Perspective," The Institute for International Integration Studies Discussion Paper Series iiisdp265, IIIS.
    63. Hyeon-seung Huh & Philip Inyeob Ji & Cyn-Young Park, 2016. "The ‘trilemma’ hypothesis and policy implications for Fiji," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 30(1), pages 99-119, May.
    64. Rafaelita M. Aldaba & Josef T. Yap, 2009. "Investment and Capital Flows : Implications of the ASEAN Economic Community," Macroeconomics Working Papers 22949, East Asian Bureau of Economic Research.
    65. Kiminori Matsuyama, 2014. "Institution-Induced Productivity Differences And Patterns Of International Capital Flows," Journal of the European Economic Association, European Economic Association, vol. 12(1), pages 1-24, February.
    66. Andrei Shleifer, 2009. "The Age of Milton Friedman," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 123-135, March.
    67. Bhattacharya, Sulagna, 2009. "FULL Capital Account Convertibility:India's Readiness in the context of Financial Integration," MPRA Paper 14731, University Library of Munich, Germany.
    68. Sen Gupta, Abhijit & Sengupta, Rajeswari, 2014. "Capital Flows and Capital Account Management in Selected Asian Economies," MPRA Paper 58982, University Library of Munich, Germany.
    69. Spahiu Muhamet J. & Durguti Esat A., 2023. "Impact of Financial Liberalization on Export: Evidence from Kosovo," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 33(2), pages 95-111, June.
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    1. Imene Debbiche, 2020. "Foreign Capital Inflows and Economic Growth in GCC Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 203-210.
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    5. 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.
    6. Kyriakos Chousakos & Gary Gorton & Guillermo Ordoñez, 2018. "Global Information Spillovers," Central Banking, Analysis, and Economic Policies Book Series, in: Enrique G. Mendoza & Ernesto Pastén & Diego Saravia (ed.),Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures, edition 1, volume 25, chapter 5, pages 137-181, Central Bank of Chile.
    7. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    8. Frank Leung & Gaofeng Han & Kevin Chow, 2009. "Financial Services Sector as a Driver of Productivity Growth in Hong Kong," Working Papers 0914, Hong Kong Monetary Authority.
    9. Mohammad Omar FARUK, 2024. "Nexus between global financial integration and economic growth: An ARDL approach," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(639), S), pages 161-182, Summer.
    10. Archi Bhatia & Hans Raj Sharma, 2019. "Financial liberalization and channels of growth: a comparative study of developed and emerging economies," Indian Economic Review, Springer, vol. 54(1), pages 81-119, June.
    11. Robert Heath, 2013. "Why Are The G-20 Data Gaps Initiative And The Sdds Plus Relevant For Financial Stability Analysis?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 1-24.
    12. Nahil Boussiga & Ezzeddine Abaoub, 2013. "International Financial Integration And Equity Risk Premium In Emerging Countries," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 2(1), pages 4-14.
    13. Sean Holly & Mehdi Raissi, 2009. "The Macroeconomic Effects of European Financial Development: A Heterogenous Panel Analysis," Working Paper / FINESS 1.4, DIW Berlin, German Institute for Economic Research.
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    17. Ayhan Kose, M. & Prasad, Eswar S. & Terrones, Marco E., 2009. "Does openness to international financial flows raise productivity growth?," Journal of International Money and Finance, Elsevier, vol. 28(4), pages 554-580, June.
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    19. International Monetary Fund, 2010. "FDI Flows to Low-Income Countries: Global Drivers and Growth Implications," IMF Working Papers 2010/132, International Monetary Fund.
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    22. Paul Welfens, 2008. "Portfolio modelling and growth in open economies," International Economics and Economic Policy, Springer, vol. 5(3), pages 237-253, November.
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    24. Kyriakos Chousakos & Gary Gorton & Guillermo Ordoñez, 2017. "Propagación de información entre países," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 20(2), pages 090-127, August.
    25. Dachraoui, Hajer & Smida, Mounir, 2014. "La Mesure de la Fuite des Capitaux et son Impact sur l’Investissement Domestique : Cas des Pays Émergents [Measurement of capital flight and its impact on domestic investment in emerging countries]," MPRA Paper 62740, University Library of Munich, Germany.
    26. Chokri Zehri, 2017. "The Relaxing of Capital Controls and Rise of External Debt," American Journal of Economics and Business Administration, Science Publications, vol. 9(4), pages 61-70, December.
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    28. Boyle, Glenn, 2009. "Capital Market Integration: A Review of the Issues and an Assessment of New Zealand's Position," Working Paper Series 19136, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    29. Shankar Acharya, 2008. "India’s Macroeconomic Performance and Policies since 2000," Macroeconomics Working Papers 22138, East Asian Bureau of Economic Research.
    30. Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2009. "Financial Openness and Productivity," NBER Working Papers 14843, National Bureau of Economic Research, Inc.
    31. Bank for International Settlements, 2009. "Capital flows and emerging market economies," CGFS Papers, Bank for International Settlements, number 33, december.
    32. Vivek Arora & Karl Habermeier & Jonathan D. Ostry & Rhoda Weeks-Brown, 2013. "La liberalización y el manejo de los flujos de capital: una visión institucional," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 15(28), pages 205-255, January-J.
    33. Prasad, Eswar, 2009. "India's Approach to Capital Account Liberalization," IZA Discussion Papers 3927, Institute of Labor Economics (IZA).
    34. William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, April.
    35. Hermes, Niels & Lensink, Robert, 2014. "Financial liberalization and capital flight," Research Report 14031-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    36. Benarroch, Michael & Pandey, Manish, 2012. "The relationship between trade openness and government size: Does disaggregating government expenditure matter?," Journal of Macroeconomics, Elsevier, vol. 34(1), pages 239-252.
    37. Neanidis, Kyriakos C., 2019. "Volatile capital flows and economic growth: The role of banking supervision," Journal of Financial Stability, Elsevier, vol. 40(C), pages 77-93.

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    3. Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. van Dijk, 2013. "Interactions between Eurozone and US Booms and Busts: A Bayesian Panel Markov-switching VAR Model," Tinbergen Institute Discussion Papers 13-142/III, Tinbergen Institute, revised 01 Nov 2014.
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    5. Fabrizio Perri & Vincenzo Quadrini, 2011. "International Recessions," NBER Working Papers 17201, National Bureau of Economic Research, Inc.
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    7. Sebnem Kalemli-Ozcan & Elias Papaioannou & José Luis Peydró, 2010. "Financial Regulation, Integration and Synchronization of Economic Activity," Koç University-TUSIAD Economic Research Forum Working Papers 1005, Koc University-TUSIAD Economic Research Forum, revised Apr 2010.
    8. Dilip M. Nachane & Amlendu Dubey, 2019. "The Spectral envelope: An Application to the decoupling problem in economics," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2019-022, Indira Gandhi Institute of Development Research, Mumbai, India.
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    15. Nagayasu, Jun, 2010. "Macroeconomic Interdependence in East Asia," MPRA Paper 27129, University Library of Munich, Germany.
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    46. Akdi, Yilmaz & Varlik, Serdar & Berument, M. Hakan, 2020. "Duration of Global Financial Cycles," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 549(C).
    47. Izzeldin, Marwan & Johnes, Jill & Ongena, Steven & Pappas, Vasileios & Tsionas, Mike, 2021. "Efficiency convergence in Islamic and conventional banks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 70(C).
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    49. Mthuli Ncube & Zuzana Brixiova & Qingwei Meng, 2014. "Can Intra-Regional Trade Act as a Global Shock Absorber in Africa?," William Davidson Institute Working Papers Series wp1073, William Davidson Institute at the University of Michigan.
    50. Jarko Fidrmuc & Iikka Korhonen, 2015. "Meta-Analysis of Chinese Business Cycle Correlation," Working Papers 062015, Hong Kong Institute for Monetary Research.
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    53. Monica Billio & Roberto Casarin & Francesco Ravazzolo & Herman K. Van Dijk, 2016. "Interconnections Between Eurozone and us Booms and Busts Using a Bayesian Panel Markov‐Switching VAR Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(7), pages 1352-1370, November.
    54. Silvia PALASCA, 2015. "Living Standards In Europe. A Regional View," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2, pages 297-307.
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    60. António Afonso & José Alves & Krzysztof Beck & Karen Jackson, 2022. "Financial, Institutional, and Macroeconomic Determinants of Cross-Country Portfolio Equity Flows," CESifo Working Paper Series 9872, CESifo.
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    81. In Choi & Dukpa Kim & Yun Jung Kim & Noh-Sun Kwark, 2016. "A Multilevel Factor Model: Identification, Asymptotic Theory and Applications," Working Papers 1609, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
    82. Sumru Altug & Fabio Canova, 2012. "Do Institutions and Culture Matter for Business Cycles?," Working Papers 627, Barcelona School of Economics.
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    1. Lei Wen & Hongbing Li & Xueying Bian, 2024. "Local environmental legislation and employment growth: evidence from Chinese manufacturing firms," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(7), pages 16917-16955, July.
    2. Jawad, Muhammad & Qayyum, Abdul, 2015. "Modeling the Impact of Policy Environment on Inflows of Worker’s Remittances in Pakistan: A Multivariate Analysis," MPRA Paper 62019, University Library of Munich, Germany, revised 2015.
    3. Luigi Bonatti & Andrea Fracasso, 2009. "The evolution of the Sino-American Co-dependency: modelling a regime switch in a growth setting," Department of Economics Working Papers 0905, Department of Economics, University of Trento, Italia.
    4. Prasad, Eswar, 2009. "Rebalancing Growth in Asia," IZA Discussion Papers 4298, Institute of Labor Economics (IZA).
    5. Nader Nazmi & Julio E. Revilla, 2008. "Economic Efficiency and Growth: Evidence from Brazil, China, and India," WIDER Working Paper Series RP2008-86, World Institute for Development Economic Research (UNU-WIDER).
    6. Patnaik, Ila & Shah, Ajay, 2009. "The difficulties of the Chinese and Indian exchange rate regimes," Working Papers 09/62, National Institute of Public Finance and Policy.
    7. Wendy Dobson, 2011. "History Matters: China and Global Governance," Working Papers id:4515, eSocialSciences.
    8. Jahangir Aziz & Xiangming Li, 2008. "China's Changing Trade Elasticities," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 16(3), pages 1-21, May.
    9. Yuqing Xing, 2015. "Global Value Chains and China's Exports to High Income Countries," GRIPS Discussion Papers 15-06, National Graduate Institute for Policy Studies.
    10. Peter J. Morgan, 2010. "The Role of Macroeconomic Policy in Rebalancing Growth," Macroeconomics Working Papers 23271, East Asian Bureau of Economic Research.
    11. Mr. Jahangir Aziz & Ms. Xiangming Li, 2007. "China’s Changing Trade Elasticities," IMF Working Papers 2007/266, International Monetary Fund.
    12. Luigi Bonatti & Andrea Fracasso, 2016. "Modelling The Transition Towards The Renminbi'S Full Convertibility: Implications For China'S Growth," Bulletin of Economic Research, Wiley Blackwell, vol. 68(S1), pages 146-170, December.
    13. Bose, Udichibarna & MacDonald, Ronald & Tsoukas, Serafeim, 2015. "Policy initiatives and firms' access to external finance: Evidence from a panel of emerging Asian economies," SIRE Discussion Papers 2015-65, Scottish Institute for Research in Economics (SIRE).
    14. Juann H. Hung, 2008. "China's Approach to Capital Flows Since 1978: Working Paper 2008-02," Working Papers 19565, Congressional Budget Office.
    15. Frankel, Jeffrey, 2016. "Globalization and Chinese Growth: Ends of Trends?," Working Paper Series 16-029, Harvard University, John F. Kennedy School of Government.
    16. Bonatti, Luigi & Fracasso, Andrea, 2013. "Regime switches in the Sino-American co-dependency: Growth and structural change in China," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 1-32.
    17. Shuzhang Sun & Christopher Gan & Baiding Hu, 2010. "The Effects Of Short-Term Interest Rates On Output, Price And Exchange Rates: Recent Evidence From China," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(3), pages 113-131.
    18. Zhang, Jiaping & Cheng, Mingwang & Yu, Ning, 2020. "Internet Use and Lower Life Satisfaction: The Mediating Effect of Environmental Quality Perception," Ecological Economics, Elsevier, vol. 176(C).
    19. Arjan de Haan, 2010. "A defining moment? China's social policy response to the financial crisis," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(6), pages 758-771.
    20. Hao, Yu & Zhang, Zong-Yong & Yang, Chuxiao & Wu, Haitao, 2021. "Does structural labor change affect CO2 emissions? Theoretical and empirical evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    21. Arjan de Haan, 2010. "The Financial Crisis and China’s “Harmonious Societyâ€," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 39(2), pages 69-99.
    22. 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.
    23. Morgan, Horatio M., 2013. "The Political Economy of Trade-Financial Liberalization and Financial Underdevelopment: A perspective from China," MPRA Paper 50031, University Library of Munich, Germany.
    24. Chien-Chiang Lee & Chi-Chuan Lee & Chun-Ping Chang, 2015. "Globalization, Economic Growth and Institutional Development in China," Global Economic Review, Taylor & Francis Journals, vol. 44(1), pages 31-63, March.
    25. Russell Smyth & Ingrid Nielsen & Qingguo Zhai, 2010. "Personal Well-being in Urban China," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 95(2), pages 231-251, January.
    26. Luigi Bonatti & Andrea Fracasso, 2011. "Chinese reserves accumulation and US monetary policy: Will China go on buying US financial assets?," Department of Economics Working Papers 1105, Department of Economics, University of Trento, Italia.
    27. Zhang, Jiaping & Zhang, Huirong & Gong, Xiaomei, 2022. "Mobile payment and rural household consumption: Evidence from China," Telecommunications Policy, Elsevier, vol. 46(3).
    28. Bonatti, Luigi & Fracasso, Andrea, 2013. "Hoarding of international reserves in China: Mercantilism, domestic consumption and US monetary policy," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 1044-1078.
    29. Dobson, Wendy & Masson, Paul R., 2009. "Will the renminbi become a world currency?," China Economic Review, Elsevier, vol. 20(1), pages 124-135, March.
    30. Luigi Bonatti & Andrea Fracasso, 2012. "The costs of rebalancing the China-US co-dependency," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 120(1), pages 59-106.
    31. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.
    32. Peter E. Robertson, 2010. "Investment Led Growth In India: Hindu Fact or Mythology?," Economics Discussion / Working Papers 10-08, The University of Western Australia, Department of Economics.
    33. Dreger, Christian & Zhang, Yanqun, 2014. "Does the economic integration of China affect growth and inflation in industrial countries?," Economic Modelling, Elsevier, vol. 38(C), pages 184-189.
    34. Nader Nazmi & Julio Revilla, 2011. "Brazil’s growth performance: a comparative perspective to the Asian giants," Economic Change and Restructuring, Springer, vol. 44(1), pages 7-24, April.
    35. Udichibarna Bose & Ronald McDonald & Serafeim Tsoukas, 2016. "Policy initiatives and Örmsíaccess to external finance: Evidence from a panel of emerging Asian economies," Working Papers 2016_18, Business School - Economics, University of Glasgow.
    36. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    37. Fernando Alexandre & Carmen Mendes, 2011. "Growth, Competition and Political Stability in China," NIPE Working Papers 28/2011, NIPE - Universidade do Minho.
    38. Erh-Cheng Hwa & Yang Lei, 2010. "China's Banking Reform and Profitability," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 215-236.
    39. Christian Dreger & Yanqun Zhang, 2011. "The Chinese Impact on GDP Growth and Inflation in the Industrial Countries," Discussion Papers of DIW Berlin 1151, DIW Berlin, German Institute for Economic Research.
    40. Deng, Zhongqi & Song, Shunfeng & Jiang, Nan & Pang, Ruizhi, 2023. "Sustainable development in China? A nonparametric decomposition of economic growth," China Economic Review, Elsevier, vol. 81(C).

  31. Prasad, Eswar & Rajan, Raghuram G. & Subramanian, Arvind, 2007. "Foreign Capital and Economic Growth," IZA Discussion Papers 3186, Institute of Labor Economics (IZA).

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    1. Angeletos, George-Marios & Panousi, Vasia, 2011. "Financial integration, entrepreneurial risk and global dynamics," Journal of Economic Theory, Elsevier, vol. 146(3), pages 863-896, May.
    2. Magnoli Bocchi, Alessandro, 2008. "Rising growth, declining investment : the puzzle of the Philippines," Policy Research Working Paper Series 4472, The World Bank.
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    4. Ly Dai Hung, 2021. "Output-inflation Trade-off in the Presence of Foreign Capital: Evidence for Vietnam," South Asian Journal of Macroeconomics and Public Finance, , vol. 10(2), pages 179-192, December.
    5. Arslan Razmi, 2021. "Capital inflows, sustained investment surges and the role of external economies of scale in a developing economy," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 365-387, May.
    6. Robert A. Blecker & Arslan Razmi, 2009. "Export-led growth, real exchange rates and the fallacy of composition," Working Papers 2009-22, American University, Department of Economics.
    7. Martin Rapetti & Peter Skott & Arslan Razmi, 2011. "The Real Exchange Rate and Economic Growth: are Developing Countries Different?," UMASS Amherst Economics Working Papers 2011-07, University of Massachusetts Amherst, Department of Economics.
    8. Antonio Torrero Mañas, 2012. "Sistema financiero y productividad económica," Working Papers 06/12, Instituto Universitario de Análisis Económico y Social.
    9. Kvedaras, Virmantas & Garcimartín, Carlos & Astudillo, Jhonatan, 2020. "Balance-of-Payments constrained growth dynamics: An empirical investigation," Economic Modelling, Elsevier, vol. 89(C), pages 232-244.
    10. Philip R. Lane IIIS, Trinity College Dublin and CEPR, 2009. "Innovation and Financial Globalisation," The Institute for International Integration Studies Discussion Paper Series iiisdp299, IIIS.
    11. Brock, Philip L., 2011. "The Penn-Balassa-Samuelson effect through the lens of the dependent economy model," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1547-1556, September.
    12. Saktinil Roy & David M. Kemme, 2022. "Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis," The World Economy, Wiley Blackwell, vol. 45(10), pages 3192-3223, October.
    13. 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.
    14. Viral V. Acharya & Raghuram G. Rajan, 2013. "Sovereign Debt, Government Myopia, and the Financial Sector," The Review of Financial Studies, Society for Financial Studies, vol. 26(6), pages 1526-1560.
    15. Loayza, Norman V. & Olaberría, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2012. "Natural Disasters and Growth: Going Beyond the Averages," World Development, Elsevier, vol. 40(7), pages 1317-1336.
    16. Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series wp-2017-171, World Institute for Development Economic Research (UNU-WIDER).
    17. Mattoo, Aaditya & Subramanian, Arvind, 2009. "Criss-crossing globalization : uphill flows of skill-intensive goods and foreign direct investment," Policy Research Working Paper Series 5047, The World Bank.
    18. Prasad, Eswar, 2009. "Rebalancing Growth in Asia," IZA Discussion Papers 4298, Institute of Labor Economics (IZA).
    19. Chen, Jinzhao & Quang, Thérèse, 2014. "The impact of international financial integration on economic growth: New evidence on threshold effects," Economic Modelling, Elsevier, vol. 42(C), pages 475-489.
    20. Bhushan Praveen Jangam & Vaseem Akram, 2020. "Does financial integration drive export diversification? Evidence from a cross-country analysis," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 13(1), pages 45-61, April.
    21. Aderbal Oliveira Damasceno, 2008. "Porque os Capitais Não Fluem dos Países Desenvolvidos Para os Países em Desenvolvimento? Teoria e Evidências Empíricas," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211416460, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    22. Souhir Elhmedi & Niazi Kammoun, 2024. "Capital account liberalization and economic growth in Tunisia," SN Business & Economics, Springer, vol. 4(6), pages 1-21, June.
    23. Francisco J. Buera & Yongseok Shin, 2009. "Productivity Growth and Capital Flows: The Dynamics of Reforms," NBER Working Papers 15268, National Bureau of Economic Research, Inc.
    24. Kose, M. Ayhan & Prasad, Eswar S. & Taylor, Ashley D., 2009. "Thresholds in the process of international financial integration," Policy Research Working Paper Series 5149, The World Bank.
    25. Hyeon‐Seung Huh & Tadashi Inoue & Hyun‐Hoon Lee, 2010. "Optimal Foreign Borrowing Revisited," The Japanese Economic Review, Japanese Economic Association, vol. 61(3), pages 367-381, September.
    26. Çakır, Muhammet Sait & Aydemir, Resul, 2022. "A Dutch disease approach into the premature deindustrialization," Economic Systems, Elsevier, vol. 46(4).
    27. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    28. Frenkel, Roberto & Rapetti, Martin, 2014. "The real exchange rate as a target of macroeconomic policy," MPRA Paper 59335, University Library of Munich, Germany.
    29. Rajeswari Sengupta & Abhijit Sen Gupta, 2015. "Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination," Working Papers id:7663, eSocialSciences.
    30. Joshua Aizenman & Yothin Jinjarak & Donghyun Park, 2013. "Capital Flows and Economic Growth in the Era of Financial Integration and Crisis, 1990–2010," Open Economies Review, Springer, vol. 24(3), pages 371-396, July.
    31. Rodrik, Dani, 2007. "How to Save Globalization from Its Cheerleaders," Working Paper Series rwp07-038, Harvard University, John F. Kennedy School of Government.
    32. Juliana Araujo & Povilas Lastauskas & Chris Papageorgiou, 2016. "Evolution of Bilateral Capital Flows to Developing Countries at Intensive and Extensive Margins," Bank of Lithuania Working Paper Series 37, Bank of Lithuania.
    33. Arvind Subramanian, 2009. "The Mauritian Success Story and its Lessons," WIDER Working Paper Series RP2009-36, World Institute for Development Economic Research (UNU-WIDER).
    34. Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2018. "Taming the Tide of Capital Flows: A Policy Guide," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262037165, December.
    35. Jürgen von Hagen & Haiping Zhang, 2014. "International Capital Flows in the Model with Limited Commitment and Incomplete Markets," Open Economies Review, Springer, vol. 25(1), pages 195-224, February.
    36. Calista Cheung & Davide Furceri & Elena Rusticelli, 2013. "Structural and Cyclical Factors behind Current Account Balances," Review of International Economics, Wiley Blackwell, vol. 21(5), pages 923-944, November.
    37. Bruno Bonizzi, 2015. "Capital Market Inflation in Emerging Markets: the Cases of Brazil and South Korea," PSL Quarterly Review, Economia civile, vol. 68(273), pages 115-150.
    38. Raguideau-Hannotin, Léonore, 2023. "The case of financial and banking integration of Central, Eastern and South Eastern European countries: A gravity model approach," International Economics, Elsevier, vol. 174(C), pages 91-111.
    39. Nguyen Hong Son & Ly Dai Hung, 2019. "Foreign Direct Investment Absorption Capacity," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-16, February.
    40. Ly Dai Hung, 2019. "Empirics for Marginal Product of Capital," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 1-14, December.
    41. Evgenij Komarov, 2021. "Capital Flows and Endogenous Growth," CER-ETH Economics working paper series 21/365, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    42. Michael D. Bordo & Christopher M. Meissner, 2007. "Foreign Capital and Economic Growth in the First Era of Globalization," NBER Working Papers 13577, National Bureau of Economic Research, Inc.
    43. Kose, M. Ayhan & Ohnsorge, Franziska & Ye, Lei (Sandy) & Islamaj, Ergys, 2017. "Weakness in Investment Growth: Causes, Implications and Policy Responses," CEPR Discussion Papers 11886, C.E.P.R. Discussion Papers.
    44. Dani Rodrik, 2009. "Growth after the Crisis," World Bank Publications - Books, The World Bank Group, number 27937, December.
    45. Antonis Adam & Thomas Moutos, 2012. "Capital Importers Pay More for their Imports," CESifo Working Paper Series 3723, CESifo.
    46. Joshua Aizenman & Yi Sun, 2008. "Globalization and the Sustainability of Large Current Account Imbalances: Size Matters," NBER Working Papers 13734, National Bureau of Economic Research, Inc.
    47. Kose, M. Ayhan & Otrok, Christopher M. & Prasad, Eswar S., 2008. "Global business cycles: convergence or decoupling?," Discussion Paper Series 1: Economic Studies 2008,17, Deutsche Bundesbank.
    48. Karine Gente & Miguel A. León-Ledesma & Carine Nourry, 2013. "External Constraints and Endogenous Growth: Why Didn't Some Countries Benefit from Capital Flows?," Working Papers halshs-00822385, HAL.
    49. Xiong, Qizhou, 2018. "The liquidity premium of safe assets: The role of government debt supply," IWH Discussion Papers 11/2017, Halle Institute for Economic Research (IWH), revised 2018.
    50. Alina F. Klein & Rudolf F. Klein, 2017. "Currency Undervaluation and Economic Growth in Central and Eastern European Countries," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(7), pages 69-85, July.
    51. Gunther Tichy, 2009. "Einige unkonventionelle Gedanken zum Leben nach der Krise," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 35(4), pages 501-513.
    52. Dinger, Valeriya & Erman, Lisardo & te Kaat, Daniel Marcel, 2022. "Bank bailouts and economic growth: Evidence from cross-country, cross-industry data," Journal of Financial Stability, Elsevier, vol. 60(C).
    53. Mohammed Ali, Khalifa, 2017. "Competitiveness and Economic Integration in IDB Member Countries," Working Papers 2017-1, The Islamic Research and Teaching Institute (IRTI).
    54. Stijn Claessens, 2017. "Global Banking: Recent Developments and Insights from Research," Review of Finance, European Finance Association, vol. 21(4), pages 1513-1555.
    55. Arslan Ramzi, 2010. "The exchange rate, diversification, and distribution in a modified Ricardian model with a continuum of goods," UMASS Amherst Economics Working Papers 2010-06, University of Massachusetts Amherst, Department of Economics.
    56. Kamal A. El-Wassal, 2012. "Foreign Direct Investment And Economic Growth In Arab Countries (1970-2008): An Inquiry Into Determinants Of Growth Benefits," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(4), pages 79-100, December.
    57. Cozzi, Guido & Davenport, Margaret, 2015. "The Imbalanced Catch-up to Rational Expectations: Capital Flows during Convergence," MPRA Paper 71009, University Library of Munich, Germany, revised 28 Apr 2016.
    58. Philipp Harms & Pierre-Guillaume Méon, 2013. "The Growth Effects of Greenfield Investment and Mergers and Acquisitions: Econometric Investigation and Implication for MENA Countries," Working Papers 794, Economic Research Forum, revised Nov 2013.
    59. Carlos A. Ibarra, 2011. "Capital flows, real exchange rate, and growth constraints in Mexico," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(6), pages 653-668, November.
    60. Juan J. Cortina & Maria Soledad Martinez Peria & Sergio L. Schmukler & Jasmine Xiao, 2023. "The Internationalization of China's Equity Markets," Mo.Fi.R. Working Papers 182, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    61. Gianluca Benigno & Luca Fornaro & Martin Wolf, 2012. "Reserve accumulation, growth and financial crises," Economics Working Papers 1795, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2022.
    62. Works, Richard Floyd, 2016. "Econometric modeling of exchange rate determinants by market classification: An empirical analysis of Japan and South Korea using the sticky-price monetary theory," MPRA Paper 76382, University Library of Munich, Germany.
    63. Ahmed Abdullahi D., 2011. "International Financial Integration, Investment and Economic Performance in Sub-Saharan African Countries," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-28, December.
    64. John Williamson, 2008. "Exchange Rate Economics," World Bank Publications - Books, The World Bank Group, number 28039, December.
    65. Joshua Aizenman & Jaewoo Lee, 2008. "The Real Exchange Rate, Mercantilism and the Learning by Doing Externality," NBER Working Papers 13853, National Bureau of Economic Research, Inc.
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    2. Yunyong Thaicharoen & Sra Chuenchoksan & Ashvin Ahuja, 2007. "Big elephants in small ponds: Risk absorption, risk diversification and management of capital flows," Working Papers 2007-02, Monetary Policy Group, Bank of Thailand.
    3. Alessandra Bonfiglioli, 2007. "Financial Integration, Productivity and Capital Accumulation," Working Papers 326, Barcelona School of Economics.
    4. Marianne Baxter, 2012. "International risk‐sharing in the short run and in the long run," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(2), pages 376-393, May.
    5. Faruk Balli & Syed Abul Basher & Hatice Ozer Balli, 2013. "International Income Risk-Sharing and the Global Financial Crisis of 2008- 2009," CAMA Working Papers 2013-02, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    6. Michael J. Artis & Mathias Hoffmann, 2007. "The Home Bias and Capital Income Flows between Countries and Regions," IEW - Working Papers 316, Institute for Empirical Research in Economics - University of Zurich.
    7. Eswar S. Prasad, 2009. "India’s Approach to Capital Account Liberalization," Working Papers id:2043, eSocialSciences.
    8. Guglielmo Maria Caporale & Michael Donadelli & Alessia Varani, 2014. "International Capital Markets Structure, Preferences and Puzzles: The US-China Case," CESifo Working Paper Series 4669, CESifo.
    9. Edgar Demetrio Tovar García., 2012. "Financial Globalization and Financial Development in Transition Countries," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 36(1), pages 155-178, Enero-Jun.
    10. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    11. Issouf Samaké & Yongzheng Yang, 2011. "Low-Income Countries' BRIC Linkage: Are there Growth Spillovers?," IMF Working Papers 2011/267, International Monetary Fund.
    12. Mirakhor, Abbas, 2010. "Whither Islamic Finance? Risk Sharing in An Age of Crises," MPRA Paper 56341, University Library of Munich, Germany.
    13. Rodrik, Dani, 2007. "How to Save Globalization from Its Cheerleaders," Working Paper Series rwp07-038, Harvard University, John F. Kennedy School of Government.
    14. Soyoung Kim & Jong‐Wha Lee, 2012. "Real and Financial Integration in East Asia," Review of International Economics, Wiley Blackwell, vol. 20(2), pages 332-349, May.
    15. Li, Zhongda & Liu, Lu, 2018. "Financial globalization, domestic financial freedom and risk sharing across countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 55(C), pages 151-169.
    16. Balli, Faruk & Rana, Faisal, 2015. "Determinants of risk sharing through remittances," Journal of Banking & Finance, Elsevier, vol. 55(C), pages 107-116.
    17. Dani Rodrik, 2009. "Growth after the Crisis," World Bank Publications - Books, The World Bank Group, number 27937, December.
    18. Archi Bhatia & Hans Raj Sharma, 2019. "Financial liberalization and channels of growth: a comparative study of developed and emerging economies," Indian Economic Review, Springer, vol. 54(1), pages 81-119, June.
    19. Fratzscher, Marcel & Imbs, Jean, 2009. "Risk sharing, finance, and institutions in international portfolios," Journal of Financial Economics, Elsevier, vol. 94(3), pages 428-447, December.
    20. Kose, M. Ayhan & Otrok, Christopher M. & Prasad, Eswar S., 2008. "Global business cycles: convergence or decoupling?," Discussion Paper Series 1: Economic Studies 2008,17, Deutsche Bundesbank.
    21. Linda S. Goldberg, 2013. "Banking Globalization, Transmission, and Monetary Policy Autonomy," NBER Working Papers 19497, National Bureau of Economic Research, Inc.
    22. Krause, Michael & Hoffmann, Mathias & Tillmann, Peter, 2014. "International Capital Flows, External Assets, and Output Volatility," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100508, Verein für Socialpolitik / German Economic Association.
    23. Ahmed Abdullahi D., 2011. "International Financial Integration, Investment and Economic Performance in Sub-Saharan African Countries," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-28, December.
    24. Hoffmann, Mathias & Tillmann, Peter, 2012. "International financial integration and national price levels: The role of the exchange rate regime," Journal of International Money and Finance, Elsevier, vol. 31(6), pages 1503-1528.
    25. Coeurdacier, Nicolas & Rey, Hélène & Winant, Pablo, 2020. "Financial integration and growth in a risky world," Journal of Monetary Economics, Elsevier, vol. 112(C), pages 1-21.
    26. Andrew K. Rose & Mark M. Spiegel, 2007. "International financial remoteness and macroeconomic volatility," Working Paper Series 2008-01, Federal Reserve Bank of San Francisco.
    27. Zhu, Jiaqing, 2019. "External financial liabilities and real exchange rate jumps," The North American Journal of Economics and Finance, Elsevier, vol. 48(C), pages 202-220.
    28. Agustin S. Benetrix, 2015. "International Risk Sharing and the Irish Economy," The Economic and Social Review, Economic and Social Studies, vol. 46(1), pages 29-49.
    29. Mirakhor, Abbas, 2012. "Islamic Finance, Risk Sharing and Macroeconomic Policies," MPRA Paper 56338, University Library of Munich, Germany.
    30. Taghipour , Anoshirvan & Mousavi , Afsaneh, 2011. "The Effect of Financial Globalization on Monetary Policy Discipline: The Evidence from 22 Developing Countries," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 6(1), pages 135-150, October.
    31. Eswar S. Prasad, 2009. "Some New Perspectives on India's Approach to Capital Account Liberalization," NBER Working Papers 14658, National Bureau of Economic Research, Inc.
    32. Enowbi Batuo & Simplice Asongu, 2017. "Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa," Working Papers of the African Governance and Development Institute. 17/030, African Governance and Development Institute..
    33. Mark M. Spiegel, 2008. "Financial globalization and monetary policy discipline," Working Paper Series 2008-10, Federal Reserve Bank of San Francisco.
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    35. Belke, Ansgar & Osowski, Thomas, 2017. "International effects of euro area versus US policy uncertainty: A FAVAR approach," Ruhr Economic Papers 689, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
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    37. Claudia M. Buch, 2008. "The Great Risk Shift? Income Volatility in an International Perspective," CESifo Working Paper Series 2465, CESifo.
    38. Davide Furceri & Stéphanie Guichard & Elena Rusticelli, 2011. "Episodes of Large Capital Inflows and the Likelihood of Banking and Currency Crises and Sudden Stops," OECD Economics Department Working Papers 865, OECD Publishing.
    39. Cimadomo, Jacopo & Furtuna, Oana & Giuliodori, Massimo, 2018. "Private and public risk sharing in the euro area," Working Paper Series 2148, European Central Bank.
    40. Davide Furceri & Aleksandra Zdzienicka, 2012. "Financial Integration and Fiscal Policy," Open Economies Review, Springer, vol. 23(5), pages 805-822, November.
    41. Bracke, Thierry & Schmitz, Martin, 2008. "Channels of international risk-sharing: capital gains versus income flows," Working Paper Series 938, European Central Bank.
    42. Stefan Gerlach & Mathias Hoffmann, 2008. "The Impact of the Euro on International Stability and Volatility," European Economy - Economic Papers 2008 - 2015 309, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    43. Ying Xu & Jennifer Corbett, 2019. "Using Network Method to Measure Financial Interconnection," NBER Working Papers 26499, National Bureau of Economic Research, Inc.
    44. Adalbert Winkler, 2010. "The Financial Crisis : A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Finance Working Papers 22022, East Asian Bureau of Economic Research.
    45. Suzuki, Yui, 2014. "Financial integration and consumption risk sharing and smoothing," International Review of Economics & Finance, Elsevier, vol. 29(C), pages 585-598.
    46. Ventura, Luigi, 2008. "Risk sharing opportunities and macroeconomic factors in Latin American and Caribbean countries : A consumption insurance assessment," Policy Research Working Paper Series 4490, The World Bank.
    47. Pierucci, Eleonora & Ventura, Luigi, 2012. "International risk sharing and globalization," MPRA Paper 35869, University Library of Munich, Germany.
    48. Li, Jia, 2012. "On the Empirics of China's Inter-regional Risk Sharing," MPRA Paper 37805, University Library of Munich, Germany.
    49. Byrne, Joseph P. & Fiess, Norbert, 2016. "International capital flows to emerging markets: National and global determinants," Journal of International Money and Finance, Elsevier, vol. 61(C), pages 82-100.
    50. Forbes, Kristin & Hjortsoe, Ida & Nenova, Tsvetelina, 2016. "Current account deficits during heightened risk: menacing or mitigating?," Discussion Papers 46, Monetary Policy Committee Unit, Bank of England.
    51. Nnyanzi John Bosco, 2015. "Financial Openness, Capital Flows and Risk Sharing in Africa," Global Economy Journal, De Gruyter, vol. 15(1), pages 51-82, March.
    52. Ansgar Belke & Andreas Rees, 2009. "The Importance of Global Shocks for National Policymakers: Rising Challenges for Central Banks," Discussion Papers of DIW Berlin 922, DIW Berlin, German Institute for Economic Research.
    53. Edgar Demetrio Tovar, 2011. "Globalización financiera y sus efectos sobre el desarrollo financiero," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 29(66), pages 80-127, December.
    54. Carlos A. Yépez, 2020. "International risk sharing in emerging economies," International Finance, Wiley Blackwell, vol. 23(3), pages 434-459, December.
    55. Ewan Rankin & Elliot James & Kate McLoughlin, 2014. "Cross-border Capital Flows since the Global Financial Crisis," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 65-72, June.
    56. Marcellino, Massimiliano & Eickmeier, Sandra & Lemke, Wolfgang, 2011. "The Changing International Transmission of Financial Shocks: Evidence from a Classical Time-Varying FAVAR," CEPR Discussion Papers 8341, C.E.P.R. Discussion Papers.
    57. Katarzyna Sum, 2012. "The integration of the financial markets and growth evidence from a global cross-country analysis," Bank i Kredyt, Narodowy Bank Polski, vol. 43(3), pages 47-70.
    58. Ali, Amjad & Ehsan, Rehan & Audi, Marc & Hamadeh, Hani Fayad, 2022. "Does Globalization Promote Financial Integration in South Asian Economies? Unveiling the Role of Monetary and Fiscal Performance in Internationalization," MPRA Paper 115304, University Library of Munich, Germany.
    59. Buch Claudia M., 2013. "Has Labor Income Become More Volatile? Evidence from International Industry-Level Data," German Economic Review, De Gruyter, vol. 14(4), pages 399-431, December.
    60. Robert P. Flood & Nancy P. Marion & Akito Matsumoto, 2012. "International risk sharing during the globalization era," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 394-416, May.
    61. Moshirian, Fariborz, 2008. "Globalisation, growth and institutions," Journal of Banking & Finance, Elsevier, vol. 32(4), pages 472-479, April.
    62. Aidan Corcoran, 2008. "International Financial Integration and Consumption Risk Sharing," The Institute for International Integration Studies Discussion Paper Series iiisdp241, IIIS.
    63. Kose, M. Ayhan & Prasad, Eswar S. & Terrones, Marco E., 2009. "Does financial globalization promote risk sharing?," Journal of Development Economics, Elsevier, vol. 89(2), pages 258-270, July.
    64. Davide Furceri & Stéphanie Guichard & Elena Rusticelli, 2012. "Episodes of Large Capital Inflows, Banking and Currency Crises, and Sudden Stops," International Finance, Wiley Blackwell, vol. 15(1), pages 1-35, April.
    65. Bergant, Katharina, 2021. "The role of stock-flow adjustment during the global financial crisis," Journal of International Money and Finance, Elsevier, vol. 110(C).
    66. Boyle, Glenn, 2009. "Capital Market Integration: A Review of the Issues and an Assessment of New Zealand's Position," Working Paper Series 19136, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    67. Faruk Balli & Eleonora Pierucci & Jian Gan, 2020. "Determinants of risk sharing via exports: trade openness and specialisation," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 10(4), pages 380-397.
    68. Anastasios Evgenidis & Costas Siriopoulos, 2015. "What are the International Channels Through Which a US Policy Shock is Transmitted to The World Economies? Evidence from a Time Varying FAVAR," Working Papers 190, Bank of Greece.
    69. Pariwat Kanithasen & Vacharakoon Jivakanont & Charnon Boonnuch, 2011. "AEC 2015: Ambitions, Expectations and Challenges ASEAN's Path towards Greater Economic and Financial Integration," Working Papers 2011-03, Monetary Policy Group, Bank of Thailand.
    70. Malik, Samreen, 2014. "Ex-ante implications of sovereign default," Journal of Banking & Finance, Elsevier, vol. 49(C), pages 386-397.
    71. Balli, Faruk & Pericoli, Filippo M. & Pierucci, Eleonora, 2018. "Globalization and international risk-sharing: The role of social and political integration," European Journal of Political Economy, Elsevier, vol. 55(C), pages 324-345.
    72. Edgar Demetrio Tovar García, 2012. "Financial globalization and financial development in Latin America," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, August.
    73. Hoffmann, Mathias & Tillmann, Peter, 2008. "Integration of financial markets and national price levels: the role of exchange rate volatility," Discussion Paper Series 1: Economic Studies 2008,07, Deutsche Bundesbank.
    74. Eleonora Pierucci & Luigi Ventura, 2010. "Risk Sharing: A Long Run Issue?," Open Economies Review, Springer, vol. 21(5), pages 705-730, November.
    75. Rodrigue NANA KUINDJA, 2014. "Quality Of Banking Governance And Financial Development In Africa: The Case Of Cameroon," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 13, pages 129-149, June.
    76. Malayaranjan Sahoo & Narayan Sethi, 2023. "An Empirical Insight into the Financial Globalization–Growth Nexus via Trade Openness: Evidence from Select South Asian Countries," Global Business Review, International Management Institute, vol. 24(2), pages 317-334, April.
    77. Prasad, Eswar, 2009. "India's Approach to Capital Account Liberalization," IZA Discussion Papers 3927, Institute of Labor Economics (IZA).
    78. Piotr Denderski & Christian Stoltenberg, 2015. "On Positive Value of Information in Risk Sharing," Tinbergen Institute Discussion Papers 15-074/VI, Tinbergen Institute.
    79. Nikolaos Antonakakis & Johann Scharler, 2010. "Have Consumption Risks in the G7 Countries Become Diversified?," Economics working papers 2010-16, Department of Economics, Johannes Kepler University Linz, Austria.
    80. William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, April.
    81. Piti Disyatat & Chayawadee Chai-anant, 2007. "Challenges to Managing Risk and Volatility in the Emerging Market Context," Working Papers 2007-01, Monetary Policy Group, Bank of Thailand.
    82. Anastasios Evgenidis & Dionisis Philippas & Costas Siriopoulos, 2019. "Heterogeneous effects in the international transmission of the US monetary policy: a factor-augmented VAR perspective," Empirical Economics, Springer, vol. 56(5), pages 1549-1579, May.

  33. Mr. Marvin S Goodfriend & Mr. Eswar S Prasad, 2006. "A Framework for Independent Monetary Policy in China," IMF Working Papers 2006/111, International Monetary Fund.

    Cited by:

    1. Marvin Goodfriend, 2007. "Monetary Policy in East Asia: Common Concerns," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 25(S1), pages 207-232, December.
    2. Vespignani, Joaquin L. & Ratti, Ronald A., 2013. "International monetary transmission to the Euro area: Evidence from the U.S., Japan and China," MPRA Paper 49707, University Library of Munich, Germany.
    3. Wei Liao & Kang Shi & Zhiwei Zhang, 2010. "Vertical Trade and China's Export Dynamics," Working Papers 102010, Hong Kong Institute for Monetary Research.
    4. Thimann, Christian & Straub, Roland, 2009. "The external and domestic side of macroeconomic adjustment in China," Working Paper Series 1040, European Central Bank.
    5. Yin-Wong Cheung & Dickson Tam & Matthew S. Yiu, 2007. "Does the Chinese Interest Rate Follow the US Interest Rate?," CESifo Working Paper Series 1943, CESifo.
    6. Ouyang, Alice Y. & Rajan, Ramkishen S. & Willett, Thomas D., 2010. "China as a reserve sink: The evidence from offset and sterilization coefficients," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 951-972, September.
    7. Qing-Ping Ma, 2017. "Contribution of interest rate control to China’s economic development," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(4), pages 325-352, October.
    8. Ratti, Ronald A. & Vespignani, Joaquin L., 2015. "Commodity prices and BRIC and G3 liquidity: A SFAVEC approach," Journal of Banking & Finance, Elsevier, vol. 53(C), pages 18-33.
    9. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.
    10. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
    11. Jakub Borowski & Adam Czerniak, 2012. "Determinanty polityki pieniężnej Ludowego Banku Chin," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1-2, pages 97-116.
    12. Obstfeld, Maurice, 2006. "The Renminbi's Dollar Peg at the Crossroads," CEPR Discussion Papers 5771, C.E.P.R. Discussion Papers.
    13. Mehrotra, Aaron & Peltonen, Tuomas & Santos Rivera, Alvaro, 2010. "Modelling inflation in China--A regional perspective," China Economic Review, Elsevier, vol. 21(2), pages 237-255, June.
    14. Fredj Jawadi & Sushanta K. Mallick & Ricardo M. Sousa, 2011. "Monetary Policy Rules in the BRICS: How Important is Nonlinearity?," NIPE Working Papers 18/2011, NIPE - Universidade do Minho.
    15. Dong He & Honglin Wang, 2013. "Monetary Policy and Bank Lending in China - Evidence from Loan-Level Data," Working Papers 162013, Hong Kong Institute for Monetary Research.
    16. Lane, Philip & Schmukler, Sergio, 2006. "The International Financial Integration of China and India," CEPR Discussion Papers 5852, C.E.P.R. Discussion Papers.
    17. Wu, Ying, 2009. "Measuring China's monetary sterilization and autonomy in the era of globalization: 1995-2005," Journal of Asian Economics, Elsevier, vol. 20(3), pages 336-347, May.
    18. Sánchez-Fung, José R., 2012. "Examining the role of monetary aggregates in China," BOFIT Discussion Papers 18/2012, Bank of Finland Institute for Emerging Economies (BOFIT).
    19. Gábor, Tamás & Kiss, Gábor Dávid & Kovács, Péter, 2012. "A monetáris sterilizáció hatékonysága és költségei Kínában [The efficiency and costs of monetary sterilization in China]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 164-188.
    20. Chang, Chun & Liu, Zheng & Spiegel, Mark M., 2015. "Capital controls and optimal Chinese monetary policy," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 1-15.
    21. Mr. Eswar S Prasad & Raghuram Rajan, 2006. "Modernizing China's Growth Paradigm," IMF Policy Discussion Papers 2006/003, International Monetary Fund.
    22. Narayan, Paresh Kumar & Narayan, Seema & Smyth, Russell, 2009. "Understanding the inflation-output nexus for China," China Economic Review, Elsevier, vol. 20(1), pages 82-90, March.
    23. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2007. "The Fog Encircling The Renminbi Debate," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 52(03), pages 403-418.
    24. He, Qing & Leung, Pak-Ho & Chong, Terence Tai-Leung, 2013. "Factor-augmented VAR analysis of the monetary policy in China," China Economic Review, Elsevier, vol. 25(C), pages 88-104.
    25. He, Qing & Chen, Haiqiang, 2014. "Recent macroeconomic stability in China," China Economic Review, Elsevier, vol. 30(C), pages 505-519.
    26. Shigeto Nagai & Hong Wang, 2007. "Money Market Operations in China: Monetary Policy or FX Policy?," Bank of Japan Working Paper Series 07-E-13, Bank of Japan.
    27. 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.
    28. Vespignani, Joaquin L. & Ratti, Ronald A., 2016. "Not all international monetary shocks are alike for the Japanese economy," Economic Modelling, Elsevier, vol. 52(PB), pages 822-837.
    29. Gunther Schnabl & Christian Danne, 2007. "A Role Model for China? Exchange Rate Flexibility and Monetary Policy in Japan," CESifo Working Paper Series 2051, CESifo.
    30. Petreski, Marjan & Jovanovic, Branimir, 2012. "New Approach to Analyzing Monetary Policy in China," MPRA Paper 40497, University Library of Munich, Germany.
    31. Friedrich L. Sell, 2007. "Anticipated effects of foreign currency reserve diversification in Asian countries: Do China and India matter for coordination?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(01), pages 32-38, April.
    32. Mr. Bernard J Laurens & Mr. Rodolfo Maino, 2007. "China: Strengthening Monetary Policy Implementation," IMF Working Papers 2007/014, International Monetary Fund.
    33. Prasad, Eswar S., 2009. "Is the Chinese growth miracle built to last?," China Economic Review, Elsevier, vol. 20(1), pages 103-123, March.
    34. Barry Eichengreen, 2013. "ADB Distinguished Lecture Renminbi Internationalization: Tempest in a Teapot?," Asian Development Review, MIT Press, vol. 30(1), pages 148-164, March.
    35. Burdekin, Richard C.K. & Siklos, Pierre L., 2008. "What has driven Chinese monetary policy since 1990? Investigating the People's bank's policy rule," Journal of International Money and Finance, Elsevier, vol. 27(5), pages 847-859, September.
    36. Vespignani, Joaquin L. & Ratti, Ronald A, 2013. "Chinese monetary expansion and the U.S. economy: A note‎," MPRA Paper 46961, University Library of Munich, Germany.
    37. Marjan Petreski & Branimir Jovanovic, 2013. "Monetary Policy in China: The Role of the Qualitative Instruments," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 20(3), pages 437-442, November.
    38. Dong He & Laurent L. Pauwels, 2008. "What Prompts the People's Bank of China to Change Its Monetary Policy Stance? Evidence from a Discrete Choice Model," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 16(6), pages 1-21, November.
    39. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications - Books, The World Bank Group, number 6632, December.
    40. Paul G. Egan & Anthony J. Leddin, 2016. "Examining Monetary Policy Transmission in the People's Republic of China–Structural Change Models with a Monetary Policy Index," Asian Development Review, MIT Press, vol. 33(1), pages 74-110, March.
    41. Hongyi Chen & Lars Jonung & Olaf Unteroberdoerster, 2009. "Lessons for China from financial liberalization in Scandinavia," European Economy - Economic Papers 2008 - 2015 383, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    42. Vespignani, Joaquin L., 2015. "International transmission of monetary shocks to the Euro area: Evidence from the U.S., Japan and China," Economic Modelling, Elsevier, vol. 44(C), pages 131-141.
    43. Gunji, Hiroshi & Yuan, Yuan, 2010. "Bank profitability and the bank lending channel: Evidence from China," Journal of Asian Economics, Elsevier, vol. 21(2), pages 129-141, April.
    44. Philip Lane & Sergio Schmukler, 2007. "The Evolving Role of China and India in the Global Financial System," Open Economies Review, Springer, vol. 18(4), pages 499-520, September.
    45. Ma, Yong, 2014. "Monetary policy based on nonlinear quantity rule: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 34(C), pages 89-104.
    46. Liu, Ding & Sun, Weihong & Chang, Long, 2021. "Monetary–fiscal policy regime and macroeconomic dynamics in China," Economic Modelling, Elsevier, vol. 95(C), pages 121-135.
    47. Akhand Akhtar Hossain, 2015. "The Evolution of Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 14611.
    48. Prasad, Eswar, 2014. "Global Implications of the Renminbi’s Ascendance," ADBI Working Papers 469, Asian Development Bank Institute.
    49. Patrick Blagrave & Peter Elliott & Mr. Roberto Garcia-Saltos & Mr. Douglas Hostland & Mr. Douglas Laxton & Fan Zhang, 2013. "Adding China to the Global Projection Model," IMF Working Papers 2013/256, International Monetary Fund.
    50. Gábor, Tamás, 2012. "China's monetary sterilization and it's economical relationship with the European Union," MPRA Paper 40362, University Library of Munich, Germany.
    51. Robert Lafrance, 2008. "China's Exchange Rate Policy: A Survey of the Literature," Discussion Papers 08-5, Bank of Canada.
    52. Ljungwall, Christer & Xiong, Yi & Yutong, Zou, 2013. "Central bank financial strength and the cost of sterilization in China," China Economic Review, Elsevier, vol. 25(C), pages 105-116.

  34. Mr. Eswar S Prasad & Raghuram Rajan, 2006. "Modernizing China's Growth Paradigm," IMF Policy Discussion Papers 2006/003, International Monetary Fund.

    Cited by:

    1. Luigi Bonatti & Andrea Fracasso, 2009. "The evolution of the Sino-American Co-dependency: modelling a regime switch in a growth setting," Department of Economics Working Papers 0905, Department of Economics, University of Trento, Italia.
    2. Chen, Xiaohong & Wohlfarth, Paul & Smith, Ron P., 2021. "China's money demand in a cointegrating vector error correction model," Journal of Asian Economics, Elsevier, vol. 75(C).
    3. Agnieszka Witoń, 2013. "Economic Effects of the Urbanization Process in China," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 1(3), pages 57-69.
    4. Rod Tyers & Jane Golley & Bu Yongxiang & Iain Bain, 2008. "China's economic growth and its real exchange rate," China Economic Journal, Taylor & Francis Journals, vol. 1(2), pages 123-145.
    5. Marvin Goodfriend & Eswar Prasad, 2009. "A Framework for Independent Monetary Policy in China," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 8, Edward Elgar Publishing.
    6. Mr. Jahangir Aziz & Li Cui, 2007. "Explaining China’s Low Consumption: The Neglected Role of Household Income," IMF Working Papers 2007/181, International Monetary Fund.
    7. Mr. Anoop Singh & Mr. Martin D. Cerisola, 2006. "Sustaining Latin America's Resurgence: Some Historical Perspectives," IMF Working Papers 2006/252, International Monetary Fund.
    8. Mr. Leslie Lipschitz & Ms. Genevieve Verdier & Ms. Celine Rochon, 2008. "A Real Model of Transitional Growth and Competitiveness in China," IMF Working Papers 2008/099, International Monetary Fund.
    9. Bonatti, Luigi & Fracasso, Andrea, 2013. "Regime switches in the Sino-American co-dependency: Growth and structural change in China," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 1-32.
    10. Adolfo, Cristobal Campoamor, 2014. "The impact of China's hukou restrictions on the aggregate national saving," MPRA Paper 57983, University Library of Munich, Germany.
    11. He, Qing & Chen, Haiqiang, 2014. "Recent macroeconomic stability in China," China Economic Review, Elsevier, vol. 30(C), pages 505-519.
    12. Joao Ricardo Faria & Peter McAdam, 2013. "From Social Contract to Arab Spring: Macroeconomic Adjustment under Regime Change," School of Economics Discussion Papers 0813, School of Economics, University of Surrey.
    13. Zheng, Jinghai & Bigsten, Arne & Hu, Angang, 2009. "Can China's Growth be Sustained? A Productivity Perspective," World Development, Elsevier, vol. 37(4), pages 874-888, April.
    14. Mr. Jahangir Aziz, 2006. "Rebalancing China’s Economy: What Does Growth Theory Tell Us?," IMF Working Papers 2006/291, International Monetary Fund.
    15. Prasad, Eswar S., 2009. "Is the Chinese growth miracle built to last?," China Economic Review, Elsevier, vol. 20(1), pages 103-123, March.
    16. Morgan, Horatio M., 2013. "The Political Economy of Trade-Financial Liberalization and Financial Underdevelopment: A perspective from China," MPRA Paper 50031, University Library of Munich, Germany.
    17. Gunby, Philip & Jin, Yinghua & Robert Reed, W., 2017. "Did FDI Really Cause Chinese Economic Growth? A Meta-Analysis," World Development, Elsevier, vol. 90(C), pages 242-255.
    18. Glawe, Linda & Wagner, Helmut, 2017. "A stylized model of China’s growth since 1978," CEAMeS Discussion Paper Series 5/2017, University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), revised 2017.
    19. Bonatti, Luigi & Fracasso, Andrea, 2013. "Hoarding of international reserves in China: Mercantilism, domestic consumption and US monetary policy," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 1044-1078.
    20. Wim Suyker & Henri de Groot, 2006. "China and the Dutch economy," CPB Document 127, CPB Netherlands Bureau for Economic Policy Analysis.
    21. Luigi Bonatti & Andrea Fracasso, 2012. "The costs of rebalancing the China-US co-dependency," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 120(1), pages 59-106.
    22. Shi, Yingying & Guo, Shen & Sun, Puyang, 2017. "The role of infrastructure in China’s regional economic growth," Journal of Asian Economics, Elsevier, vol. 49(C), pages 26-41.
    23. Deng, Ziliang & Falvey, Rod & Blake, Adam, 2012. "Trading market access for technology? Tax incentives, foreign direct investment and productivity spillovers in China," Journal of Policy Modeling, Elsevier, vol. 34(5), pages 675-690.
    24. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    25. William Poole, 2006. "Chinese growth: a source of U.S. export opportunities," Speech 102, Federal Reserve Bank of St. Louis.
    26. Zuo, Haomiao & Park, Sung Y., 2011. "Money demand in China and time-varying cointegration," China Economic Review, Elsevier, vol. 22(3), pages 330-343, September.

  35. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2006. "Financial Globalization: A Reappraisal," CEPR Discussion Papers 5842, C.E.P.R. Discussion Papers.

    Cited by:

    1. Peter B. Kenen, 2007. "The Benefits and Risks of Financial Globalization," Cato Journal, Cato Journal, Cato Institute, vol. 27(2), pages 179-183, Spring/Su.
    2. Oasis Kodila-Tedika & Simplice Asongu & Matthias Cinyabuguma & Vanessa Tchamyou, 2017. "Financial Development and Pre-historic Geographical Isolation: Global Evidence," Working Papers of the African Governance and Development Institute. 17/041, African Governance and Development Institute..
    3. Yung Chul Park & Shinji Takagi, 2012. "Managing Capital Flows in an Economic Community : The Case of ASEAN Capital Account Liberalization," Finance Working Papers 23329, East Asian Bureau of Economic Research.
    4. Aaron Tornell & Frank Westermann & Lorenza Martinez, 2004. "The Positive Link Between Financial Liberalization, Growth and Crises," NBER Working Papers 10293, National Bureau of Economic Research, Inc.
    5. Georgiadis, Georgios, 2015. "Determinants of global spillovers from US monetary policy," Working Paper Series 1854, European Central Bank.
    6. Davide Furceri & Stéphanie Guichard & Elena Rusticelli, 2012. "Medium-Term Determinants Of International Investment Positions: The Role Of Structural Policies," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-32.
    7. Philipp Harms, 2024. "Globalization and its Contents: An Update," Working Papers 2406, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    8. Mandilaras, Alex S., 2015. "The international policy trilemma in the post-Bretton Woods era," Journal of Macroeconomics, Elsevier, vol. 44(C), pages 18-32.
    9. Zaib Maroof & Shahzad Hussain & Muhammad Jawad & Munazza Naz, 2019. "Determinants of industrial development: a panel analysis of South Asian economies," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(3), pages 1391-1419, May.
    10. Okimoto, Tatsuyoshi & Shimotsu, Katsumi, 2010. "Decline in the persistence of real exchange rates, but not sufficient for purchasing power parity," Journal of the Japanese and International Economies, Elsevier, vol. 24(3), pages 395-411, September.
    11. Erauskin, Iñaki, 2013. "The impact of financial openness on the size of utility-enhancing government," Economics Discussion Papers 2013-7, Kiel Institute for the World Economy (IfW Kiel).
    12. Kenc, Turalay & Dibooglu, Sel, 2010. "The 2007-2009 financial crisis, global imbalances and capital flows: Implications for reform," Economic Systems, Elsevier, vol. 34(1), pages 3-21, March.
    13. Shang-Jin Wei & Zhiwei Zhang, 2007. "Collateral Damage: Exchange Controls and International Trade," NBER Working Papers 13020, National Bureau of Economic Research, Inc.
    14. Asli Demirgüç-Kunt & Luis Servén, 2010. "Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies," The World Bank Research Observer, World Bank, vol. 25(1), pages 91-124, February.
    15. Sebnem Kalemli-Ozcan & Elias Papaioannou & José-Luis Peydró, 2013. "Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity," Journal of Finance, American Finance Association, vol. 68(3), pages 1179-1228, June.
    16. Mirdala, Rajmund, 2010. "Monetary aspects of short-term capital inflows in the Central European Countries," MPRA Paper 27649, University Library of Munich, Germany.
    17. Han, Minsoo, 2022. "International financial integration and total factor productivity losses from underdeveloped domestic financial markets," Economics Letters, Elsevier, vol. 212(C).
    18. Chengsi Zhang & Yueteng Zhu, 2020. "The interest group theory of financial development in China: Openness and the role of interest groups," The World Economy, Wiley Blackwell, vol. 43(4), pages 982-999, April.
    19. Pang, Ke, 2013. "Financial integration, nominal rigidity, and monetary policy," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 75-90.
    20. Ben Doudou, Makrem, 2009. "Relation entre intégration financière et croissance: pourquoi est-elle ambiguë? [Relation between financial integration and growth: why is she ambiguous?]," MPRA Paper 12982, University Library of Munich, Germany.
    21. Vadym Volosovych, 2011. "Risk sharing from international factor income: explaining cross-country differences," Post-Print hal-00768584, HAL.
    22. Barry Eichengreen, 2009. "The financial crisis and global policy reforms," Proceedings, Federal Reserve Bank of San Francisco, issue Oct, pages 299-334.
    23. Philipp Harms & Jakob Schwab, 2015. "Like it or not? How the Economic and Institutional Environment Shapes Individual Attitudes towards Multinational Enterprises," Working Papers 1515, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    24. Voraprapa Nakavachara & Kanis Saengchote, 2022. "Is Metaverse LAND a good investment? It depends on your unit of account!," Papers 2202.03081, arXiv.org.
    25. Eduardo Levy-Yeyati & Sergio L. Schmukler & Neeltje van Horen, 2010. "Crises, Capital Controls and Financial Integration," Chapters, in: Masahiro Kawai & Mario B. Lamberte (ed.), Managing Capital Flows, chapter 6, Edward Elgar Publishing.
    26. Iversen, Jens, 2009. "Should we expect financial globalization to have significant effects on business cycles?," Discussion Papers on Economics 6/2009, University of Southern Denmark, Department of Economics.
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    721. Cakici, S. Meral, 2012. "Technology shocks under varying degrees of financial openness," International Review of Economics & Finance, Elsevier, vol. 21(1), pages 232-245.
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    723. Chin-Yoong Wong & Yoke-Kee Eng, 2015. "Surviving Asymmetry in Capital Flows and the Business Cycles: The Role of Prudential Capital Controls," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 545-563, August.
    724. Vladimir V. Olkhovik & Olga I. Lyutova & Edvardas Juchnevicius, 2022. "Economic Growth Models and FDI in the CIS Countries During the Period of Digitalization," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 73-90, April.
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    731. Sahar Milani & Rebecca Neumann, 2018. "International financial openness and industrial R&D," Economics Bulletin, AccessEcon, vol. 38(1), pages 490-500.
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    Cited by:

    1. Rodrik, Dani, 2006. "The Social Cost of Foreign Exchange Reserves," CEPR Discussion Papers 5483, C.E.P.R. Discussion Papers.
    2. Paul Mosley & Jarita Duasa, 2005. "Capital controls re-examined: the case for ‘smart’ controls," Working Papers 2005009, The University of Sheffield, Department of Economics, revised Jun 2005.
    3. Winston Moore, 2014. "Managing The Process Of Removing Capital Controls: What Does The Literature Suggest?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 209-237, April.
    4. Lane, Philip & Schmukler, Sergio, 2006. "The International Financial Integration of China and India," CEPR Discussion Papers 5852, C.E.P.R. Discussion Papers.
    5. Olivier Blanchard & Francesco Giavazzi, 2006. "Rebalancing Growth in China: A Three‐Handed Approach," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(4), pages 1-20, August.
    6. Yongding Yu, 2008. "Managing Capital Flows : The Case of the People’s Republic of China," Finance Working Papers 22833, East Asian Bureau of Economic Research.
    7. Ed Brown & Jon Cloke, 2007. "Shadow Europe: Alternative European Financial Geographies," Growth and Change, Wiley Blackwell, vol. 38(2), pages 304-327, June.
    8. Prasad, Eswar & Rajan, Raghuram G. & Subramanian, Arvind, 2007. "Foreign Capital and Economic Growth," IZA Discussion Papers 3186, Institute of Labor Economics (IZA).
    9. Raghuram Rajan, 2008. "Global Imbalances or why are the Poor Financing the Rich?," De Economist, Springer, vol. 156(1), pages 3-24, March.
    10. Prasad, Eswar & Rajan, Raghuram G., 2008. "A Pragmatic Approach to Capital Account Liberalization," IZA Discussion Papers 3475, Institute of Labor Economics (IZA).
    11. Indermit Gill & Yukon Huang & Homi Kharas, 2007. "East Asian Visions : Perspectives on Economic Development," World Bank Publications - Books, The World Bank Group, number 6627, December.
    12. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications - Books, The World Bank Group, number 6632, December.
    13. W. Max Corden, 2006. "Those Current Account Imbalances: A Sceptical View," Melbourne Institute Working Paper Series wp2006n13, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    14. Eswar S. Prasad & Raghuram G. Rajan & Arvind Subramanian, 2006. "Patterns of international capital flows and their implications for economic development," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 119-158.
    15. Philip Lane & Sergio Schmukler, 2007. "The Evolving Role of China and India in the Global Financial System," Open Economies Review, Springer, vol. 18(4), pages 499-520, September.
    16. Prasad, Eswar, 2014. "Global Implications of the Renminbi’s Ascendance," ADBI Working Papers 469, Asian Development Bank Institute.
    17. Robert Lafrance, 2008. "China's Exchange Rate Policy: A Survey of the Literature," Discussion Papers 08-5, Bank of Canada.
    18. Mendoza, Ronald U., 2010. "Was the Asian crisis a wake-up call?: Foreign reserves as self-protection," Journal of Asian Economics, Elsevier, vol. 21(1), pages 1-19, February.

  37. Shang-Jin Wei & Mr. Eswar S Prasad, 2005. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," IMF Working Papers 2005/079, International Monetary Fund.

    Cited by:

    1. Sandra Poncet & Olena Havrylchyk, 2006. "Foreign Direct Investment in China: Reward or Remedy?," Working Papers 2006-14, CEPII research center.
    2. Mariam Camarero & Josep Lluís Carrión-i-Silvestre & Cecilio Tamarit, 2020. "External imbalances from a GVAR perspective," Working Papers 2005, Department of Applied Economics II, Universidad de Valencia.
    3. Zhang, Yihao & Chen, Fang & Huang, Jian & Shenoy, Catherine, 2019. "Hot money flows and production uncertainty: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    4. Yang, Liuyong & Wang, Beibei & Luo, Deming, 2022. "Corporate social responsibility in market liberalization: Evidence from Shanghai-Hong Kong Stock Connect," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    5. Arvind Virmani, 2005. "China's Socialist Market Economy: Lessons of Success," Indian Council for Research on International Economic Relations, New Delhi Working Papers 178, Indian Council for Research on International Economic Relations, New Delhi, India.
    6. 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.
    7. Pierre L. Siklos & Yang Zhang, 2007. "Identifying the Shocks Driving Inflation in China," Working Paper series 34_07, Rimini Centre for Economic Analysis.
    8. Franklin Allen & Jun & Chenying Zhang & Mengxin Zhao, 2012. "China's Financial System: Opportunities and Challenges," NBER Chapters, in: Capitalizing China, pages 63-143, National Bureau of Economic Research, Inc.
    9. Aizenman, Joshua & LEE, JAEWOO, 2005. "International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence," Santa Cruz Department of Economics, Working Paper Series qt2tn4w8x6, Department of Economics, UC Santa Cruz.
    10. Eswar S. Prasad, 2009. "India’s Approach to Capital Account Liberalization," Working Papers id:2043, eSocialSciences.
    11. Michael P. Dooley & David Folkerts-Landau & Peter M. Garber, 2005. "Direct investment, rising real wages and the absorption of excess labor in the periphery," Proceedings, Federal Reserve Bank of San Francisco, issue Feb.
    12. Allen, Franklin & Zhang, Chenying & Qian, Jun & Zhao, Mengxin, 2011. "China's Financial System: Opportunities and Challenges," Working Papers 11-54, University of Pennsylvania, Wharton School, Weiss Center.
    13. Asongu, Simplice & De Moor, Lieven, 2015. "Financial globalisation dynamic thresholds for financial development: evidence from Africa," MPRA Paper 68663, University Library of Munich, Germany.
    14. Prasad, Eswar, 2009. "Rebalancing Growth in Asia," IZA Discussion Papers 4298, Institute of Labor Economics (IZA).
    15. Defever, Fabrice & Riaño, Alejandro, 2016. "Protectionism through exporting: subsidies with exportshare requirements in China," LSE Research Online Documents on Economics 67659, London School of Economics and Political Science, LSE Library.
    16. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2009. "The Illusion of Precision and the Role of the Renminbi in Regional Integration," Chapters, in: Koichi Hamada & Beate Reszat & Ulrich Volz (ed.), Towards Monetary and Financial Integration in East Asia, chapter 13, Edward Elgar Publishing.
    17. Seghezza, Elena & Morelli, Pierluigi & Pittaluga, Giovanni B., 2017. "Reserve accumulation and exchange rate policy in China: The authoritarian elite's aim of political survival," European Journal of Political Economy, Elsevier, vol. 46(C), pages 40-51.
    18. Natasha Agarwal & Chris Milner & Alejandro Riaño, 2013. "Credit Constraints and FDI Spillovers in China," CESifo Working Paper Series 4313, CESifo.
    19. Alessandra Guariglia & Sandra Poncet, 2008. "Could financial distortions be no impediment to economic growth after all? Evidence from China," Post-Print hal-00649295, HAL.
    20. Jose-Miguel Albala-Bertrand, 2016. "Industrial Interdependence: China 1995-2010," Working Papers 802, Queen Mary University of London, School of Economics and Finance.
    21. Vincent Bouvatier, 2007. "Hot Money Inflows and Monetary Stability in China: How the People's Bank of China Took up the Challenge," Money Macro and Finance (MMF) Research Group Conference 2006 161, Money Macro and Finance Research Group.
    22. Steven Wei Ho & Ji Zhang & Hao Zhou, 2018. "Hot Money and Quantitative Easing: The Spillover Effects of U.S. Monetary Policy on the Chinese Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(7), pages 1543-1569, October.
    23. Flávio Vilela Vieira & Michele Polline Veríssimo, 2005. "Crescimento Econômico De Longo Prazo Na China: Uma Investigação Econométrica," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 067, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
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    25. Alice Schwenninger, 2018. "La Chine à travers le spectre de la balance des paiements," SciencePo Working papers Main hal-03610525, HAL.
    26. Zhang, Chenying, 2010. "Sterilization in China: Effectiveness and Cost," Working Papers 10-29, University of Pennsylvania, Wharton School, Weiss Center.
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    28. Zhenzhong Fan & Xing Chen, 2024. "The Impact of Unconventional Monetary Policy on China’s Economic and Financial Cycle: Application of a Structural Vector Autoregression Model Based on High-Frequency Data," Mathematics, MDPI, vol. 12(13), pages 1-27, June.
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    30. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2010. "China's Current Account and Exchange Rate," NBER Chapters, in: China's Growing Role in World Trade, pages 231-271, National Bureau of Economic Research, Inc.
    31. Jesus Ferreiro & Eugenia Correa & Carmen Gomez, 2008. "Has Capital Account Liberalization in Latin American Countries Led to Higher and More Stable Capital Inflows?," International Journal of Political Economy, Taylor & Francis Journals, vol. 37(4), pages 31-63.
    32. Girardin, Eric & Liu, Zhenya, 2007. "The financial integration of China: New evidence on temporally aggregated data for the A-share market," China Economic Review, Elsevier, vol. 18(3), pages 354-371.
    33. Juan Carlos Cuestas & Paulo José Regis, 2013. "On the relationship between exchange rates and external imbalances: East and Southeast Asia," Working Papers 13-08, Asociación Española de Economía y Finanzas Internacionales.
    34. Yin‐Wong Cheung & XingWang Qian, 2010. "Capital Flight: China's Experience," Review of Development Economics, Wiley Blackwell, vol. 14(2), pages 227-247, May.
    35. Simplice A. Asongu, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," Research Africa Network Working Papers 15/020, Research Africa Network (RAN).
    36. Rod Tyers & Jane Golley & Bu Yongxiang & Iain Bain, 2008. "China's economic growth and its real exchange rate," China Economic Journal, Taylor & Francis Journals, vol. 1(2), pages 123-145.
    37. Vincent Bouvatier, 2006. "Hot money inflows in China: How the people's bank of China took up the challenge," Cahiers de la Maison des Sciences Economiques bla06011, Université Panthéon-Sorbonne (Paris 1).
    38. Lu, Bing & Wang, Yaqi, 2024. "Multinationals' profits in China: Impact of tax avoidance," Journal of International Money and Finance, Elsevier, vol. 140(C).
    39. Anna Wong, 2017. "China’s Current Account : External Rebalancing or Capital Flight?," International Finance Discussion Papers 1208, Board of Governors of the Federal Reserve System (U.S.).
    40. Sana Mestiri & Henri Sterdyniak & Antoine Bouveret, 2008. "The Renminbi Equilibrium Exchange Rate: An Agnostic View," SciencePo Working papers Main hal-03416546, HAL.
    41. David Greenaway & Alessandra Guariglia & Zhihong Yu, 2009. "The More the Better? Foreign Ownership and Corporate Performance in China," Discussion Papers 09/05, University of Nottingham, GEP.
    42. Obstfeld, Maurice, 2006. "The Renminbi's Dollar Peg at the Crossroads," CEPR Discussion Papers 5771, C.E.P.R. Discussion Papers.
    43. Moosa, Imad & Naughton, Tony & Li, Larry, 2009. "Exchange Rate Regime Verifi cation: Has China Actually Moved from a Dollar Peg to a Basket Peg? Peg?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 62(1), pages 41-67.
    44. Marvin Goodfriend & Eswar Prasad, 2009. "A Framework for Independent Monetary Policy in China," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 8, Edward Elgar Publishing.
    45. Lino Sau, 2012. "Evolution of China's financial system and its impact on economic development," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 5(1), pages 1-15.
    46. Hoeven, Rolph van der. & Lübker, Malte., 2006. "Financial openness and employment the need for coherent international and national policies," ILO Working Papers 993887733402676, International Labour Organization.
    47. Lipschitz, Leslie & Rochon, Céline & Verdier, Geneviève, 2011. "A real model of transitional growth and competitiveness in China," Journal of Asian Economics, Elsevier, vol. 22(4), pages 267-283, August.
    48. Brambilla, Irene, 2009. "Multinationals, technology, and the introduction of varieties of goods," Journal of International Economics, Elsevier, vol. 79(1), pages 89-101, September.
    49. Wong, Anna, 2021. "Capital flight: The travel channel," Journal of International Money and Finance, Elsevier, vol. 117(C).
    50. Defever, Fabrice & Riaño, Alejandro, 2017. "Subsidies with export share requirements in China," Journal of Development Economics, Elsevier, vol. 126(C), pages 33-51.
    51. Mishra, Anil V. & Ratti, Ronald A., 2011. "Governance, monitoring and foreign investment in Chinese companies," Emerging Markets Review, Elsevier, vol. 12(2), pages 171-188, June.
    52. Andrew Sheng & Allen Ng, 2008. "The External Wealth of China: An Investigation from the International Balance Sheet Perspective," Working Papers 012008, Hong Kong Institute for Monetary Research.
    53. Lane, Philip & Schmukler, Sergio, 2006. "The International Financial Integration of China and India," CEPR Discussion Papers 5852, C.E.P.R. Discussion Papers.
    54. Frankel, Jeffrey A., 2012. "Internationalization of the RMB and Historical Precedents," Scholarly Articles 10592469, Harvard Kennedy School of Government.
    55. Jérôme Héricourt, 2007. "FDI and Credit Constraints: Firm Level Evidence in China," Working Papers 2007-11, CEPII research center.
    56. Eswar S. Prasad, 2009. "Some New Perspectives on India's Approach to Capital Account Liberalization," NBER Working Papers 14658, National Bureau of Economic Research, Inc.
    57. Célestin Monga, 2012. "The Hegelian dialectics of global imbalances," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 6(1), November.
    58. G. Andrew Karolyi & David T. Ng & Eswar S. Prasad, 2013. "The Coming Wave," Working Papers 082013, Hong Kong Institute for Monetary Research.
    59. Juann H. Hung, 2008. "China's Approach to Capital Flows Since 1978: Working Paper 2008-02," Working Papers 19565, Congressional Budget Office.
    60. Juan Carlos Cuestas & Paulo Jose Regis, 2016. "On the Relationship Between Exchange Rates and External Imbalances: Should we Learn from East and South-east Asia?," Annals of Economics and Finance, Society for AEF, vol. 17(2), pages 255-280, November.
    61. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
    62. Ito, Hiro & Volz, Ulrich, 2012. "The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms," ADBI Working Papers 393, Asian Development Bank Institute.
    63. Natasha Agarwal & Chris Milner & Alejandro Riano, 2014. "Credit Constraints and Spillovers from Foreign Firms in China," Discussion Papers 2014/07, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    64. SULIMAN, Osman, 2013. "Do Capital Inflows Cause Currency Black Markets In Mena Countries? Causality Tests For Heterogeneous Panels," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(1), pages 187-202.
    65. Wu, Ying, 2009. "Measuring China's monetary sterilization and autonomy in the era of globalization: 1995-2005," Journal of Asian Economics, Elsevier, vol. 20(3), pages 336-347, May.
    66. James Laurenceson & Kam Ki Tang, "undated". "China�s Equilibrium Exchange Rate and Trade Balance: A Tale of Apples and Pirates," EAERG Discussion Paper Series 0805, School of Economics, University of Queensland, Australia.
    67. Reuven Glick & Michael M. Hutchison, 2013. "China’s Financial Linkages with Asia and the Global Financial Crisis," Working Paper Series 2013-12, Federal Reserve Bank of San Francisco.
    68. Alice Schwenninger, 2018. "La Chine à travers le spectre de la balance des paiements," Working Papers hal-03610525, HAL.
    69. Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2007. "The Overvaluation of Renminbi Undervaluation," CESifo Working Paper Series 1918, CESifo.
    70. Marc K Chan, 2014. "How Well Do Prices Converge in Anticipation of Capital Control Liberalization? Evidence from a Chinese Reform," Working Paper Series 22, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    71. Asongu, Simplice A, 2013. "Inequality, poverty and quality of institutions: which freedom channels of globalization matter for Africa?," MPRA Paper 46929, University Library of Munich, Germany.
    72. Chang, Chun & Liu, Zheng & Spiegel, Mark M., 2015. "Capital controls and optimal Chinese monetary policy," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 1-15.
    73. Resmini, Laura & Siedschlag, Iulia, 2008. "Is FDI into China Crowding Out FDI into the European Union?," Papers DYNREG25, Economic and Social Research Institute (ESRI).
    74. Mr. Eswar S Prasad & Raghuram Rajan, 2006. "Modernizing China's Growth Paradigm," IMF Policy Discussion Papers 2006/003, International Monetary Fund.
    75. Rod Tyers & Yongxiang Bu & Ian Bain, 2006. "China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis," ANU Working Papers in Economics and Econometrics 2006-466, Australian National University, College of Business and Economics, School of Economics.
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    68. Benner, Joachim & Gern, Klaus-Jürgen & Kamps, Annette & Oskamp, Frank & Sander, Birgit & Scheide, Joachim & Schweickert, Rainer, 2005. "Geringere Dynamik der Weltkonjunktur," Open Access Publications from Kiel Institute for the World Economy 3490, Kiel Institute for the World Economy (IfW Kiel).
    69. Guonan Ma & Robert N. McCauley, 2007. "Do China's capital controls still bind? Implications for monetary autonomy and capital liberalisation," BIS Working Papers 233, Bank for International Settlements.
    70. Rod Tyers & Jane Golley, 2007. "China’s Real Exchange Rate," ANU Working Papers in Economics and Econometrics 2007-479, Australian National University, College of Business and Economics, School of Economics.

  39. Mr. Eswar S Prasad, 2004. "China's Growth and Integration into the World Economy: Prospects and Challenges," IMF Occasional Papers 2004/006, International Monetary Fund.

    Cited by:

    1. Eswar Prasad & Shang-Jin Wei, 2005. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," NBER Working Papers 11306, National Bureau of Economic Research, Inc.
    2. Rodrik, Dani, 2006. "What's So Special About China's Exports?," CEPR Discussion Papers 5484, C.E.P.R. Discussion Papers.
    3. Pierre L. Siklos & Yang Zhang, 2007. "Identifying the Shocks Driving Inflation in China," Working Paper series 34_07, Rimini Centre for Economic Analysis.
    4. Michael Funke, 2005. "Inflation in Mainland China - Modelling a Roller Coaster Ride," Quantitative Macroeconomics Working Papers 20507, Hamburg University, Department of Economics.
    5. Vincent Bouvatier, 2007. "Hot Money Inflows and Monetary Stability in China: How the People's Bank of China Took up the Challenge," Money Macro and Finance (MMF) Research Group Conference 2006 161, Money Macro and Finance Research Group.
    6. Jinzhao Chen, 2007. "Behavior Equilibrium Exchange Rate and Misalignment of Renminbi: A Recent Empirical Study," DEGIT Conference Papers c012_013, DEGIT, Dynamics, Economic Growth, and International Trade.
    7. Jan Boone & Jacob K. Goeree, 2009. "Optimal Privatisation Using Qualifying Auctions," Economic Journal, Royal Economic Society, vol. 119(534), pages 277-297, January.
    8. Alexandra Reppegather & Manuela Troschke, 2006. "Graduelle Transformation von Wirtschaftsordnungen: Ein Vergleich der Reformstrategien Chinas und Usbekistans," Working Papers 260, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    9. Rod Tyers & Jane Golley & Bu Yongxiang & Iain Bain, 2008. "China's economic growth and its real exchange rate," China Economic Journal, Taylor & Francis Journals, vol. 1(2), pages 123-145.
    10. Jingtao Yi, 2010. "China’s equilibrium exchange rate dynamics 1994–2004: A cointegration analysis," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(3), pages 375-392, September.
    11. Jenkins, Rhys & Peters, Enrique Dussel & Moreira, Mauricio Mesquita, 2008. "The Impact of China on Latin America and the Caribbean," World Development, Elsevier, vol. 36(2), pages 235-253, February.
    12. Sana Mestiri & Henri Sterdyniak & Antoine Bouveret, 2008. "The Renminbi Equilibrium Exchange Rate: An Agnostic View," SciencePo Working papers Main hal-03416546, HAL.
    13. Resmini, Laura, 2006. "Theoretical and Methodological Study on Comparative Advantages in Dynamic Growth Regions, Convergence and Inequalities Patterns," Papers DYNREG03, Economic and Social Research Institute (ESRI).
    14. Lane, Philip & Schmukler, Sergio, 2006. "The International Financial Integration of China and India," CEPR Discussion Papers 5852, C.E.P.R. Discussion Papers.
    15. Rod Tyers & Ying Zhang, 2014. "Real exchange rate determination and the China puzzle," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 28(2), pages 1-32, November.
    16. Terheggen, Anne, 2010. "The new kid in the forest: the impact of China's resource demand on Gabon's tropical timber value chain," MPRA Paper 37982, University Library of Munich, Germany.
    17. Jan Lemmen, 2006. "Is the renminbi undervalued?," CPB Memorandum 166, CPB Netherlands Bureau for Economic Policy Analysis.
    18. Gouda Abdel-Khalek & Karima Korayem, 2007. "The Impact of China on the Middle East," Journal of Developing Societies, , vol. 23(4), pages 397-434, October.
    19. Robert W. Fogel, 2006. "Why China is Likely to Achieve its Growth Objectives," NBER Working Papers 12122, National Bureau of Economic Research, Inc.
    20. Horst Siebert, 2007. "China – opportunities of and constraints on the new global player," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(04), pages 52-61, January.
    21. Peng, Duan & Bajona, Claustre, 2008. "China's vulnerability to currency crisis: A KLR signals approach," China Economic Review, Elsevier, vol. 19(2), pages 138-151, June.
    22. Jongwanich, Juthathip, 2009. "Equilibrium Real Exchange Rate, Misalignment, and Export Performance in Developing Asia," ADB Economics Working Paper Series 151, Asian Development Bank.
    23. Ms. Xiangming Li & Mr. Steven V Dunaway, 2005. "Estimating China's "Equilibrium" Real Exchange Rate," IMF Working Papers 2005/202, International Monetary Fund.
    24. Badibanga, Thaddee Mutumba & Diao, Xinshen & Roe, Terry L. & Somwaru, Agapi, 2008. "Dynamics of Structural Transformation: Understanding the Key Factors That Drive Innovative Activities in Selected Asian and African Countries," Bulletins 43890, University of Minnesota, Economic Development Center.
    25. Dat Tho Tran & Minh Hoang Doan & Nhung Tuyet Do, 2020. "Vietnam after 2020: toward a prosperous economy, social inclusion and environmental sustainability," International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 313-326, August.
    26. Roe, Terry & Shane, Mathew & Somwaru, Agapi, 2005. "The Rapid Expansion of the Modern Retail Food Marketing in Emerging Market Economies: Implications to Foreign Trade and Structural Change in Agriculture," Conference papers 331410, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    27. Mr. Bernard J Laurens & Mr. Rodolfo Maino, 2007. "China: Strengthening Monetary Policy Implementation," IMF Working Papers 2007/014, International Monetary Fund.
    28. World Bank, 2006. "Foreign Capital Utilization in China : Prospects and Future Strategy," World Bank Publications - Reports 19623, The World Bank Group.
    29. Popov, Vladimir, 2019. "Successes and failures of industrial policy: Lessons from transition (post-communist) economies of Europe and Asia," MPRA Paper 95332, University Library of Munich, Germany.
    30. Lee Branstetter, 2006. "China's Embrace of Globalisation," Working Papers id:640, eSocialSciences.
    31. Wim Suyker & Henri de Groot, 2006. "China and the Dutch economy," CPB Document 127, CPB Netherlands Bureau for Economic Policy Analysis.
    32. Horst Siebert, 2007. "China: Coming to Grips with the New Global Player," The World Economy, Wiley Blackwell, vol. 30(6), pages 893-922, June.
    33. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.
    34. Miss Cigdem Akin & Mr. Ayhan Kose, 2007. "Changing Nature of North-South Linkages: Stylized Facts and Explanations," IMF Working Papers 2007/280, International Monetary Fund.
    35. Siebert, Horst, 2006. "China: Understanding a new global economic player," Kiel Working Papers 1278, Kiel Institute for the World Economy (IfW Kiel).
    36. Beoy Kui Ng, 2005. "Globalization and the Rise of China: Their Impact on Ethnic Chinese Business in Singapore," Economic Growth Centre Working Paper Series 0506, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    37. Benjamin N. Dennis & Talan B. İşcan, 2020. "Structural change and global trade flows: Does an emerging giant matter?," Review of International Economics, Wiley Blackwell, vol. 28(5), pages 1191-1231, November.
    38. Morris Goldstein, 2004. "Adjusting China's Exchange Rate Policies," Working Paper Series WP04-1, Peterson Institute for International Economics.
    39. Dani Rodrik, 2006. "What’s So Special about China’s Exports?," Working Papers id:410, eSocialSciences.
    40. Mendoza, Ronald U., 2010. "Was the Asian crisis a wake-up call?: Foreign reserves as self-protection," Journal of Asian Economics, Elsevier, vol. 21(1), pages 1-19, February.
    41. Shenggang Ren & Rui Shu & Yongchuan Bao & Xiaohong Chen, 2016. "Linking network ties to entrepreneurial opportunity discovery and exploitation: the role of affective and cognitive trust," International Entrepreneurship and Management Journal, Springer, vol. 12(2), pages 465-485, June.
    42. Megdam Khalil Ibrahim Khalil & Li Xiumin, 2014. "Identifying the Impact of RMB and SDG Exchange Rate Variability on the Trade Value between China and Sudan (1986-2012)," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 2(3), pages 141-158.
    43. Dumont, Michel, 2005. "Do we have to look at China to tell our fortune?," MPRA Paper 102433, University Library of Munich, Germany.
    44. Badibanga, Thaddee & Diao, Xinshen & Roe, Terry & Somwaru, Agapi, 2009. "Dynamics of structural transformation: An empirical characterization in the case of China, Malaysia, and Ghana," IFPRI discussion papers 856, International Food Policy Research Institute (IFPRI).
    45. Shimomura, Yasutami & Ping, Wang, 2015. "Chains of Knowledge Creation and Emerging Donors," Working Papers 88, JICA Research Institute.
    46. Ingvild Almas & Ashild Johnsen, 2018. "The cost of a growth miracle - reassessing price and poverty trends in China," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 239-264, October.
    47. Rod Tyers & Jane Golley, 2007. "China’s Real Exchange Rate," ANU Working Papers in Economics and Econometrics 2007-479, Australian National University, College of Business and Economics, School of Economics.

  40. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2004. "How do trade and financial integration affect the relationship between growth and volatility," Working Paper Series 2004-29, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Luis A. V. Catao & Ana Fostel & Sandeep Kapur, 2008. "Persistent Gaps and Default Traps," Birkbeck Working Papers in Economics and Finance 0803, Birkbeck, Department of Economics, Mathematics & Statistics.
    2. Frederick Van der Ploeg & Steven Poelhekke, 2009. "The Volatility Curse: Revisiting the Paradox of Plenty," CESifo Working Paper Series 2616, CESifo.
    3. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2004. "How do trade and financial integration affect the relationship between growth and volatility?," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    4. Hideaki Hirata & M. Ayhan Kose & Christopher Otrok & Marco E. Terrones, 2012. "Global House Price Fluctuations: Synchronization and Determinants," NBER Chapters, in: NBER International Seminar on Macroeconomics 2012, pages 119-166, National Bureau of Economic Research, Inc.
    5. Sudeshna Ghosh, 2020. "Impact of economic growth volatility on income inequality: ASEAN experience," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(3), pages 807-850, June.
    6. Claessens, Stijn & Kose, M. Ayhan & Terrones, Marco E., 2012. "How do business and financial cycles interact?," Journal of International Economics, Elsevier, vol. 87(1), pages 178-190.
    7. Stijn Claessens & M. Ayhan Kose & Marco E. Terrones, 2011. "Recessions and Financial Disruptions in Emerging Markets: A Bird’s Eye View," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia (ed.),Monetary Policy under Financial Turbulence, edition 1, volume 16, chapter 4, pages 059-104, Central Bank of Chile.
    8. Calderón, César & Kubota, Megumi, 2013. "Sudden stops: Are global and local investors alike?," Journal of International Economics, Elsevier, vol. 89(1), pages 122-142.
    9. Ho-Chuan Huang & WenShwo Fang & Stephen M. Miller, 2012. "Does Financial Development Volatility Affect Industrial Growth Volatility?," Working papers 2012-45, University of Connecticut, Department of Economics.
    10. Davide fiaschi & Lisa Gianmoena & Angela Parenti, 2013. "The Determinants of Growth Rate Volatility in European Regions," Discussion Papers 2013/170, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    11. Dionysios K. Solomos & Dimitrios N. Koumparoulis, 2013. "Financial Sector and Business Cycles Determinants in the EMU: An Empirical Approach (1996-2011)," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 34-58.
    12. Oikawa, Koki, 2010. "Uncertainty-driven growth," Journal of Economic Dynamics and Control, Elsevier, vol. 34(5), pages 897-912, May.
    13. Huang, Ho-Chuan (River) & Fang, WenShwo & Miller, Stephen M. & Yeh, Chih-Chuan, 2015. "The effect of growth volatility on income inequality," Economic Modelling, Elsevier, vol. 45(C), pages 212-222.
    14. Michael Olabisi, 2020. "Input–Output Linkages and Sectoral Volatility," Economica, London School of Economics and Political Science, vol. 87(347), pages 713-746, July.
    15. Balcilar, Mehmet & Kutan, Ali M. & Yaya, Mehmet E., 2017. "Financial integration in small Islands: The case of Cyprus," International Review of Economics & Finance, Elsevier, vol. 47(C), pages 201-219.
    16. Marcellino, Massimiliano & Eickmeier, Sandra & Lemke, Wolfgang, 2011. "Classical time-varying FAVAR models - Estimation, forecasting and structural analysis," CEPR Discussion Papers 8321, C.E.P.R. Discussion Papers.
    17. Fukuda, Takashi & Dahalan, Jauhari, 2011. "Finance-Growth-Crisis Nexus in India: Evidence from Cointegration and Causality Assessment," MPRA Paper 39467, University Library of Munich, Germany.
    18. Anastasios, Pappas, 2010. "Capital mobility and macroeconomic volatility: evidence from Greece," MPRA Paper 29106, University Library of Munich, Germany.
    19. Bretschger, Lucas & Steger, Thomas, 2013. "Globalization, The Volatility Of Intermediate Goods Prices, And Economic Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 17(2), pages 402-430, March.
    20. Carmignani, Fabrizio & Colombo, Emilio & Tirelli, Patrizio, 2011. "Macroeconomic risk and the (de)stabilising role of government size," European Journal of Political Economy, Elsevier, vol. 27(4), pages 781-790.
    21. Andrieş, Alin Marius & Chiper, Alexandra Maria & Ongena, Steven & Sprincean, Nicu, 2024. "External wealth of nations and systemic risk," Journal of Financial Stability, Elsevier, vol. 70(C).
    22. Hideaki Hirata & Sunghyun Henry Kim & M. Ayhan Kose, 2007. "Sources of Fluctuations: The Case of MENA," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 43(1), pages 5-34, February.
    23. Nancy Birdsall, 2006. "Stormy Days on an Open Field: Asymmetries in the Global Economy," WIDER Working Paper Series RP2006-31, World Institute for Development Economic Research (UNU-WIDER).
    24. Barbara Meller, 2013. "The two-sided effect of financial globalization on output volatility," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(3), pages 477-504, September.
    25. Park, Donghyun & Shin, Kwanho & Tian, Shu, 2023. "Debts and depth of recessions," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 468-485.
    26. 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.
    27. Gu, Xinhua & Huang, Bihong, 2011. "A new approach to capital flows: Theory and evidence," Economic Modelling, Elsevier, vol. 28(3), pages 1050-1057, May.
    28. Francis X. Diebold & Kamil Yilmaz, 2008. "Macroeconomic Volatility and Stock Market Volatility, World-Wide," PIER Working Paper Archive 08-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    29. 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.
    30. Mahadevan, Renuka & Suardi, Sandy, 2011. "The effects of uncertainty dynamics on exports, imports and productivity growth," Journal of Asian Economics, Elsevier, vol. 22(2), pages 174-188, April.
    31. Jemberu Lulie Mekonnen & Ali Suut Dogruel, 2018. "Growth and Volatility Nexus in Sub‐Saharan Africa," African Development Review, African Development Bank, vol. 30(2), pages 175-186, June.
    32. Larrain, Borja, 2011. "World betas, consumption growth, and financial integration," Journal of International Money and Finance, Elsevier, vol. 30(6), pages 999-1018, October.
    33. Filippo M. Pericoli & Eleonora Pierucci & Luigi Ventura, 2015. "International investment positions and risk-sharing: an empirical analysis on the coordinated portfolio investment survey," International Journal of Computational Economics and Econometrics, Inderscience Enterprises Ltd, vol. 5(4), pages 364-391.
    34. van der Ploeg, Frederick & Poelhekke, Steven, 2007. "Volatility, Financial Development and the Natural Resource Curse," CEPR Discussion Papers 6513, C.E.P.R. Discussion Papers.
    35. Nissanke, Machiko & Thorbecke, Erik, 2006. "Channels and policy debate in the globalization-inequality-poverty nexus," World Development, Elsevier, vol. 34(8), pages 1338-1360, August.
    36. Mallick, Debdulal, 2015. "Elusive Relationship between Business-cycle Volatility and Long-run Growth," MPRA Paper 64502, University Library of Munich, Germany.
    37. Eric Monnet & Mr. Damien Puy, 2016. "Has Globalization Really Increased Business Cycle Synchronization?," IMF Working Papers 2016/054, International Monetary Fund.
    38. Tng Boon Hwa & Mala Raghavan & Teh Tian Huey, 2017. "Macroeconomic surveillance of portfolio flows and its real effects: Malaysia's experience," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Statistical implications of the new financial landscape, volume 43, Bank for International Settlements.
    39. Linda S Goldberg, 2009. "Understanding Banking Sector Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 171-197, April.
    40. Mario Larch & Wolfgang Lechthaler, 2011. "Why `Buy American' is a bad idea but politicians still like it," Canadian Journal of Economics, Canadian Economics Association, vol. 44(3), pages 838-858, August.
    41. Aliyu Alhaji Jibrilla, 2018. "Does Trade Liberalization Affect Energy Saving in Nigeria?," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(4), pages :493-515, December.
    42. Raouf Boucekkine & Giorgio Fabbri & Patrick A. Pintus, 2015. "Risk Sharing and Growth in Small-Open Economies," Working Papers halshs-01201872, HAL.
    43. M. Tariq Majeed & Ayesha Noreen, 2018. "Financial Development and Output Volatility: A Cross-Sectional Panel Data Analysis," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 23(1), pages 97-141, Jan-June.
    44. Kwang-Myoung Hwang & Donghyun Park & Kwanho Shin, 2013. "Capital Market Openness and Output Volatility," Pacific Economic Review, Wiley Blackwell, vol. 18(3), pages 403-430, August.
    45. Domańska Agnieszka & Serwa Dobromił, 2013. "Vulnerability to foreign macroeconomic shocks – an empirical study in cross-industry perspective. Example of 2008–2009 global crisis in Europe," Folia Oeconomica Stetinensia, Sciendo, vol. 13(1), pages 150-173, December.
    46. Roland Kangni KPODAR & Patrick IMAM, 2015. "Does A Regional Trade Agreement Lessen or Worsen Growth Volatility? An Empirical Investigation," Working Papers P137, FERDI.
    47. Fukuda, Takashi, 2015. "Evidence of Korea’s Finance-Growth Nexus: VARX Analysis with Financial Crisis and Openness," MPRA Paper 98787, University Library of Munich, Germany.
    48. Dong, Baomin & Gu, Xinhua & Song, Huasheng, 2017. "Capital market liberalization: Optimal tradeoff and bargaining delay," The North American Journal of Economics and Finance, Elsevier, vol. 39(C), pages 78-88.
    49. Juan Angel Lafuente & Javier Ordonez, 2009. "The effect of the EMU on short and long-run stock market dynamics: new evidence on financial integration," International Journal of Financial Markets and Derivatives, Inderscience Enterprises Ltd, vol. 1(1), pages 75-95.
    50. Mirdala, Rajmund & Svrčeková, Aneta & Semančíková, Jozefína, 2015. "On the Relationship between Financial Integration, Financial Liberalization and Macroeconomic Volatility," MPRA Paper 66143, University Library of Munich, Germany.
    51. Luis Catão & Sandeep Kapur, 2006. "Volatility and the Debt-Intolerance Paradox," IMF Staff Papers, Palgrave Macmillan, vol. 53(2), pages 1-1.
    52. Joshua Aizenman & Ilan Noy, 2008. "Links between Trade and Finance: A Disaggregated Analysis," NBER Chapters, in: Financial Markets Volatility and Performance in Emerging Markets, pages 9-28, National Bureau of Economic Research, Inc.
    53. Donadelli, M. & Gufler, I. & Paradiso, A., 2024. "Financial market integration: A complex and controversial journey," International Review of Financial Analysis, Elsevier, vol. 92(C).
    54. Feriansyah & Noer Azam Achsani & Tony Irawan, 2018. "The Effect Of Financial Liberalization And Capital Flows On Income Volatility In Asia-Pacific," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 20(3), pages 257-278, January.
    55. Ms. Ana L Fostel & Sandeep Kapur & Mr. Luis Catão, 2007. "Persistent Gaps, Volatility Types, and Default Traps," IMF Working Papers 2007/148, International Monetary Fund.
    56. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
    57. C. Bora Durdu, 2011. "Review of "Emerging Markets Resilience and Growth Amid Global Turmoil by M. Ayhan Kose and Eswar S. Prasad"," Koç University-TUSIAD Economic Research Forum Working Papers 1111, Koc University-TUSIAD Economic Research Forum.
    58. Cesa-Bianchi, Ambrogio, 2013. "Housing cycles and macroeconomic fluctuations: A global perspective," Journal of International Money and Finance, Elsevier, vol. 37(C), pages 215-238.
    59. Tony Cavoli & Sasidaran Gopalan & Ramkishen S. Rajan, 2020. "Does Financial Inclusion Amplify Output Volatility in Emerging and Developing Economies?," Open Economies Review, Springer, vol. 31(4), pages 901-930, September.
    60. Akhilesh K. Verma & Rajeswari Sengupta, 2021. "Interlinkages between external debt financing, credit cycles and output fluctuations in emerging market economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(4), pages 965-1001, November.
    61. Hannes Böhm & Julia Schaumburg & Lena Tonzer, 2022. "Financial Linkages and Sectoral Business Cycle Synchronization: Evidence from Europe," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 70(4), pages 698-734, December.
    62. Philipp Heimberger, 2022. "Does economic globalisation promote economic growth? A meta‐analysis," The World Economy, Wiley Blackwell, vol. 45(6), pages 1690-1712, June.
    63. Hongjun Zeng & Abdullahi D. Ahmed, 2022. "Market integration and volatility spillover across major East Asian stock and Bitcoin markets: an empirical assessment," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 19(4), pages 772-802, August.
    64. Saadaoui, Zied, 2007. "L’intégration financière internationale :Une comparaison descriptive des effets sur les pays industrialisés et les pays émergents [International financial integration: A descriptive comparison of t," MPRA Paper 25330, University Library of Munich, Germany.
    65. Mr. Anoop Singh & Mr. Martin D. Cerisola, 2006. "Sustaining Latin America's Resurgence: Some Historical Perspectives," IMF Working Papers 2006/252, International Monetary Fund.
    66. Diagne, Youssoupha Sakrya & Thiam, Dame, 2020. "La résilience de l'économie sénégalaise : Quelles politiques publiques en réponses aux chocs exogènes? [Resillience of the senegalese economy; What policy responses to exogenous shocks?]," MPRA Paper 114018, University Library of Munich, Germany.
    67. Mirdala, Rajmund & Svrčeková, Aneta, 2014. "Financial Integration, Volatility of Financial Flows and Macroeconomic Volatility," MPRA Paper 61845, University Library of Munich, Germany.
    68. César Calderón & Norman Loayza & Klaus Schmidt-Hebbel, 2006. "External Conditions and Growth Performance," Central Banking, Analysis, and Economic Policies Book Series, in: Ricardo Caballero & César Calderón & Luis Felipe Céspedes & Norman Loayza (Series Editor) & Klaus Sc (ed.),External Vulnerability and Preventive Policies, edition 1, volume 10, chapter 3, pages 041-070, Central Bank of Chile.
    69. Mr. Stephan Danninger & Ms. Irina Tytell & Mr. Ravi Balakrishnan & Mr. Selim A Elekdag, 2009. "The Transmission of Financial Stress from Advanced to Emerging Economies," IMF Working Papers 2009/133, International Monetary Fund.
    70. Takashi Fukuda & Jauhari Dahalan, 2012. "Finance-Growth-Crisis Nexus in Asian Emerging Economies: Evidence from VECM and ARDL Assessment," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 5(2), pages 69-100, August.
    71. Zuzana Kučerová, 2013. "Financial and trade integration in the EU countries," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 981-993.
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    73. Ali, Amjad, 2022. "Determining Pakistan's Financial Dependency: The Role of Financial Globalization and Corruption," MPRA Paper 116097, University Library of Munich, Germany.
    74. Samsudin Hazman, 2016. "Can Greater Openness and Deeper Financial Development Drag ASEAN-5 into Another Series of Economic Crises?," Asian Social Science, Canadian Center of Science and Education, vol. 12(8), pages 125-125, August.
    75. Cecilia Bermúdez & Carlos D. Dabús & Germán H. González, 2015. "Reexamining the link between instability and growth in Latin America: A dynamic panel data estimation using k-median clusters," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 52(1), pages 1-23, May.
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    77. Bora Durdu & Alex Martin & Ilknur Zer, 2019. "The Role of U.S. Monetary Policy in Global Banking Crises," Finance and Economics Discussion Series 2019-039, Board of Governors of the Federal Reserve System (U.S.).
    78. Raghuram Rajan, 2008. "Global Imbalances or why are the Poor Financing the Rich?," De Economist, Springer, vol. 156(1), pages 3-24, March.
    79. Mr. Kangni R Kpodar & Patrick A. Imam, 2015. "Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation," IMF Working Papers 2015/177, International Monetary Fund.
    80. Wei, Shang-Jin & Prasad, Eswar & Rogoff, Kenneth & Kose, M. Ayhan, 2004. "Financial Globalization, Growth and Volatility in Developing Countries," CEPR Discussion Papers 4772, C.E.P.R. Discussion Papers.
    81. Valerija Botric & Tanja Broz, 2016. "Exploring CESEE-EMU Synchronisation Patterns," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(42), pages 255-255, May.
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    Cited by:

    1. Leblebicioglu, AslI, 2009. "Financial integration, credit market imperfections and consumption smoothing," Journal of Economic Dynamics and Control, Elsevier, vol. 33(2), pages 377-393, February.
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    5. Iversen, Jens, 2009. "Should we expect financial globalization to have significant effects on business cycles?," Discussion Papers on Economics 6/2009, University of Southern Denmark, Department of Economics.
    6. Mazhar Mahmood & Kashif ur Rehman, 2017. "Did Financial Integration Provide Financial Depth to ASEAN Countries?," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 9(1), pages 89-102, March.
    7. Julian di Giovanni & Andrei A. Levchenko, 2012. "The Risk Content of Exports: A Portfolio View of International Trade," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 97-151.
    8. 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.
    9. 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.
    10. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2003. "How Does Globalization Affect the Synchronization of Business Cycles?," American Economic Review, American Economic Association, vol. 93(2), pages 57-62, May.
    11. Atanas CHRISTEV & Jacques MELITZ, 2010. "EMU, EU, Capital Market Integration and Consumption Smoothing," Working Papers 2010-06, Center for Research in Economics and Statistics.
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    9. Yunyong Thaicharoen & Sra Chuenchoksan & Ashvin Ahuja, 2007. "Big elephants in small ponds: Risk absorption, risk diversification and management of capital flows," Working Papers 2007-02, Monetary Policy Group, Bank of Thailand.
    10. Bergin, Paul R. & Pyun, Ju Hyun, 2016. "International portfolio diversification and multilateral effects of correlations," Journal of International Money and Finance, Elsevier, vol. 62(C), pages 52-71.
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    19. U. Michael Bergman & Lars Jonung, 2010. "Business Cycle Synchronization in Europe: Evidence from the Scandinavian Currency Union," European Economy - Economic Papers 2008 - 2015 402, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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  45. Mr. Ayhan Kose & Mr. Marco Terrones & Mr. Eswar S Prasad, 2003. "Volatility and Comovement in a Globalized World Economy: An Empirical Exploration," IMF Working Papers 2003/246, International Monetary Fund.

    Cited by:

    1. Beja, Edsel Jr., 2009. "Things are different when you open up: Economic openness, domestic economy, and income," MPRA Paper 16552, University Library of Munich, Germany, revised 01 Aug 2009.
    2. Jaime Espinosa-Bowen & Mr. Nadeem Ilahi & Fahad Alturki, 2009. "How Russia Affects the Neighborhood - Trade, Financial, and Remittance Channels," IMF Working Papers 2009/277, International Monetary Fund.
    3. Scharler, Johann & Rumler, Fabio, 2009. "Labor market institutions and macroeconomic volatility in a panel of OECD countries," Working Paper Series 1005, European Central Bank.
    4. Andros Kourtellos & Ioanna Stylianou & Chih Ming Tan, 2013. "Robust Multiple Regimes in Growth Volatility," Working Paper series 52_13, Rimini Centre for Economic Analysis.
    5. Winston Moore, 2014. "Managing The Process Of Removing Capital Controls: What Does The Literature Suggest?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 209-237, April.
    6. Lucio Vinhas de Souza, 2004. "Financial Liberalization and Business Cycles:The Experience of Future EU Member States in the Baltics and Central Eastern Europe," Money Macro and Finance (MMF) Research Group Conference 2004 5, Money Macro and Finance Research Group.
    7. Mr. Nadeem Ilahi & Riham Shendy, 2008. "Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows," IMF Working Papers 2008/167, International Monetary Fund.
    8. Pierluigi Montalbano & Alessandro Federici & Umberto Triulzi & Carlo Pietrobelli, 2005. "Trade Openness and Vulnerability in Central and Eastern Europe," WIDER Working Paper Series RP2005-43, World Institute for Development Economic Research (UNU-WIDER).
    9. Eickmeier, Sandra, 2004. "Business Cycle Transmission from the US to Germany: a Structural Factor Approach," Discussion Paper Series 1: Economic Studies 2004,12, Deutsche Bundesbank.
    10. Andros Kourtellos & Ioanna Stylianou & Chih Tan, 2015. "Robust multiple regimes in growth volatility," Empirical Economics, Springer, vol. 48(1), pages 461-491, February.
    11. Stan du Plessis, 2006. "Business Cycles in Emerging market Economies: A New View of the Stylised Facts," Working Papers 02/2006, Stellenbosch University, Department of Economics.
    12. Fernando Broner & Jaume Ventura, 2005. "Globalization and risk sharing," Economics Working Papers 837, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2009.
    13. International Monetary Fund, 2005. "Austria: Selected Issues," IMF Staff Country Reports 2005/249, International Monetary Fund.
    14. Yongfu Huang, 2011. "Private investment and financial development in a globalized world," Empirical Economics, Springer, vol. 41(1), pages 43-56, August.
    15. Linda S. Goldberg, 2004. "Financial-sector foreign direct investment and host countries: new and old lessons," Staff Reports 183, Federal Reserve Bank of New York.
    16. Naseer, Ahsan & Su, Chi-Wei & Mirza, Nawazish & Li, Jing-Ping, 2020. "Double jeopardy of resources and investment curse in South Asia: Is technology the only way out?," Resources Policy, Elsevier, vol. 68(C).
    17. Boyle, Glenn, 2009. "Capital Market Integration: A Review of the Issues and an Assessment of New Zealand's Position," Working Paper Series 19136, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    18. Linda S. Goldberg, 2007. "Financial sector FDI and host countries: new and old lessons," Economic Policy Review, Federal Reserve Bank of New York, vol. 13(Mar), pages 1-17.
    19. Yetman, James, 2011. "Exporting recessions: International links and the business cycle," Economics Letters, Elsevier, vol. 110(1), pages 12-14, January.
    20. Eickmeier, Sandra, 2005. "Common stationary and non-stationary factors in the euro area analyzed in a large-scale factor model," Discussion Paper Series 1: Economic Studies 2005,02, Deutsche Bundesbank.
    21. Theodore E. Theodoropoulos & Borut Vojinovic, 2005. "Economic And Financial Integration In Emerging Markets," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 50(164), pages 81-102, January -.

  46. Mr. Eswar S Prasad, 2003. "What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data," IMF Working Papers 2003/004, International Monetary Fund.

    Cited by:

    1. Sarah Brown & Gurleen Popli & Alessandro Sasso, 2022. "Decomposing the gender reservation wage gap in Italy: A regional perspective," Journal of Regional Science, Wiley Blackwell, vol. 62(2), pages 499-540, March.
    2. Hila Axelrad & Israel Luski & Miki Malul, 2017. "Reservation Wages and the Unemployment of Older Workers," Journal of Labor Research, Springer, vol. 38(2), pages 206-227, June.
    3. Markus Pannenberg, 2007. "Risk Aversion and Reservation Wages," SOEPpapers on Multidisciplinary Panel Data Research 23, DIW Berlin, The German Socio-Economic Panel (SOEP).
    4. Addison, John T. & Centeno, Mario & Portugal, Pedro, 2004. "Reservation Wages, Search Duration, and Accepted Wages in Europe," IZA Discussion Papers 1252, Institute of Labor Economics (IZA).
    5. Katarzyna Budnik, 2012. "Do those who stay work less? On the impact of emigration on the measured TFP in Poland," NBP Working Papers 113, Narodowy Bank Polski.
    6. Prasanna Tambe & Xuan Ye & Peter Cappelli, 2019. "Paying to Program? Engineering Brand and High-Tech Wages," NBER Working Papers 25552, National Bureau of Economic Research, Inc.
    7. Vera A. Adamchik & Josef C. Brada & Arthur E. King, 2009. "Are Transition Economy Workers Underpaid?," Working Papers 278, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    8. Sarah Brown & Jenny Roberts & Karl Taylor, 2008. "Reservation Wages, Labour Market Participation And Health," Working Papers 2008002, The University of Sheffield, Department of Economics, revised Feb 2008.
    9. Marco Caliendo & Ludovica Gambaro & Peter Haan, 2007. "The Impact of Income Taxation on the Ratio between Reservation and Market Wages and the Incentives for Labour Supply," Discussion Papers of DIW Berlin 670, DIW Berlin, German Institute for Economic Research.
    10. Dawson, Chris, 2017. "The upside of pessimism − Biased beliefs and the paradox of the contented female worker," Journal of Economic Behavior & Organization, Elsevier, vol. 135(C), pages 215-228.
    11. Anne Bucher & Sébastien Ménard, 2015. "The effects of firing costs on the wage contracts under adverse selection," Working Papers of BETA 2015-17, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    12. Izabela Ostoj, 2018. "Reasons full-time students of economics in Poland undertake jobs," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 19(1), pages 117-131.
    13. Sonja Avlijas, 2016. "Vicious and virtuous cycles of female labour force participation in post-socialist Eastern Europe," LEQS – LSE 'Europe in Question' Discussion Paper Series 119, European Institute, LSE.
    14. Pedro Portugal & John T. Addison, 2010. "The Reservation Wage Unemployment Duration Nexus," Working Papers w201026, Banco de Portugal, Economics and Research Department.
    15. Addison, John T. & Centeno, Mario & Portugal, Pedro, 2008. "Do Reservation Wages Really Decline? Some International Evidence on the Determinants of Reservation Wages," IZA Discussion Papers 3289, Institute of Labor Economics (IZA).
    16. María Angeles Davia & Oscar D. Marcenaro Gutiérrez, 2008. "Exploring the link between employment search time and reservation," Hacienda Pública Española / Review of Public Economics, IEF, vol. 186(3), pages 91-121, October.
    17. Caliendo, Marco & Lee, Wang-Sheng & Mahlstedt, Robert, 2017. "The gender wage gap and the role of reservation wages: New evidence for unemployed workers," Journal of Economic Behavior & Organization, Elsevier, vol. 136(C), pages 161-173.
    18. Brown, Sarah & Taylor, Karl, 2011. "Reservation wages, market wages and unemployment: Analysis of individual level panel data," Economic Modelling, Elsevier, vol. 28(3), pages 1317-1327, May.
    19. Sarah Brown & Karl Taylor, 2008. "Reservation Wages, Expected Wages and Labour Market Outcomes: Analysis of Individual Level Panel Data," Working Papers 2008008, The University of Sheffield, Department of Economics, revised Jul 2008.
    20. Paweł Strzelecki & Joanna Tyrowicz, 2015. "Inferring the Adequacy of Wage Expectations Among the Non-Working," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 6, pages 51-69.
    21. Mushfek-Ul-Alam Chowdhury & Md. Aynul Islam, 2022. "Reservation Wage for High Skilled Graduates in Bangladesh: Preliminary Factors," International Business Research, Canadian Center of Science and Education, vol. 15(12), pages 1-1, December.
    22. Luz A. Florez & Ligia Alba Melo-Becerra & Carlos Esteban Posada, 2021. "Estimating the reservation wage across city groups in Colombia: A stochastic frontier approach," Borradores de Economia 1163, Banco de la Republica de Colombia.
    23. Yordanos Gebremeskel, 2015. "Job Creation and Employment-Gender-Gap among Micro and Small Enterprises," Business and Management Research, Business and Management Research, Sciedu Press, vol. 4(2), pages 1-12, June.
    24. Leppin, Julian Sebastian, 2012. "The estimation of reservation wages: A simulation-based comparison," HWWI Research Papers 124, Hamburg Institute of International Economics (HWWI).
    25. Kala Seetharam Sridhar & A.V. Reddy, 2015. "India’s Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS): Wages, Reservation Wages and Programme Participation in Chitradurga District of Karnataka," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 40(3-4), pages 366-384, August.
    26. María A. Davia & Óscar D. Marcenaro-Gutiérrez, 2007. "Exploring the link between employment search time and reservation wages in Southern Europe," Economic Working Papers at Centro de Estudios Andaluces E2007/13, Centro de Estudios Andaluces.
    27. Liina Malk, 2015. "Determinants of reservation wages: empirical evidence for Estonia," Bank of Estonia Working Papers wp2014-8, Bank of Estonia, revised 20 Jan 2015.
    28. Unay-Gailhard, İlkay, 2016. "Job access after leaving education: A comparative analysis of young women and men in rural Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(10), pages 1355-1381.
    29. Nordlund, Madelende & Strandh, Mattias, 2014. "The relation between economic and non-economic incentives to work and employment chances among the unemployed," Working Paper Series 2014:23, IFAU - Institute for Evaluation of Labour Market and Education Policy.

  47. Mr. Eswar S Prasad, 2002. "Wage Inequality in the United Kingdom, 1975–99," IMF Working Papers 2002/042, International Monetary Fund.

    Cited by:

    1. Brewer, Mike & Wren-Lewis, Liam, 2012. "Accounting for changes in income inequality: decomposition analyses for Great Britain, 1968-2009," ISER Working Paper Series 2012-17, Institute for Social and Economic Research.
    2. Peng, Fei & Kang, Lili, 2013. "Cyclical changes in the wage structure of the United Kingdom: a historical review of the GHS 1972-2002," MPRA Paper 47210, University Library of Munich, Germany.
    3. Andrea Borgarello & Francesco Devicienti, 2002. "What Accounts For the Rise in Wage Inequality in Italy? Evidence from Administrative Matched Employer-Employee Data, 1985-1996," LABORatorio R. Revelli Working Papers Series 18, LABORatorio R. Revelli, Centre for Employment Studies.

  48. Mr. Eswar S Prasad & Mr. Michael P. Keane, 2002. "Changes in the Structure of Earnings During the Polish Transition," IMF Working Papers 2002/135, International Monetary Fund.

    Cited by:

    1. Aleksandra Kolasa, 2017. "Macroeconomic consequences of the demographic and educational transition in Poland," Working Papers 2017-30, Faculty of Economic Sciences, University of Warsaw.
    2. Jacob Weisberg & Mieczslaw Waclaw Socha, 2002. "Earnings in Poland: The Private Versus the Public Sector," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 7(3), pages 17-38, Fall.
    3. Keane, Michael P. & Prasad, Eswar, 2002. "Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland," IZA Discussion Papers 448, Institute of Labor Economics (IZA).
    4. Flabbi, Luca & Paternostro, Stefano & Tiongson, Erwin R., 2007. "Returns to education in the economic transition : a systematic assessment using comparable data," Policy Research Working Paper Series 4225, The World Bank.
    5. Pawel Bukowski & Filip Novokmet, 2019. "Between communism and capitalism: long-term inequality in Poland, 1892-2015," CEP Discussion Papers dp1628, Centre for Economic Performance, LSE.
    6. Myck, Michal & Nici?ska, Anna & Morawski, Leszek, 2009. "Count Your Hours: Returns to Education in Poland," IZA Discussion Papers 4332, Institute of Labor Economics (IZA).
    7. Pawel Bukowski & Filip Novokmet, 2019. "Between Communism and Capitalism: Long-Term Inequality in Poland, 1892- 2015," World Inequality Lab Working Papers hal-02876995, HAL.
    8. Laporšek, Suzana & Orazem, Peter F. & Vodopivec, Milan & Vodopivec, Matija, 2021. "Winners and losers after 25 years of transition: Decreasing wage inequality in Slovenia," Economic Systems, Elsevier, vol. 45(2).
    9. Aleksandra Parteka, 2012. "Skilled-Unskilled Wage Gap Versus Evolving Trade And Labour Market Structures in the EU," Working Papers 1204, Instytut Rozwoju, Institute for Development.
    10. Bukowski, Pawel & Novokmet, Filip, 2019. "Between communism and capitalism: long-term inequality in Poland, 1892-2015," LSE Research Online Documents on Economics 102814, London School of Economics and Political Science, LSE Library.
    11. Mr. Marcos d Chamon & Mr. Eswar S Prasad, 2008. "Why are Saving Rates of Urban Households in China Rising?," IMF Working Papers 2008/145, International Monetary Fund.
    12. Clément Imbert, 2011. "Decomposing wage inequality: Public and private sectors in Vietnam 1993-2006," Working Papers halshs-00564653, HAL.
    13. Newell, Andrew T. & Socha, Mieczyslaw, 2005. "The Distribution of Wages in Poland, 1992-2002," IZA Discussion Papers 1485, Institute of Labor Economics (IZA).
    14. Jelena Lausev, 2014. "WHAT HAS 20 YEARS OF PUBLIC–PRIVATE PAY GAP LITERATURE TOLD US? EASTERN EUROPEAN TRANSITIONING vs. DEVELOPED ECONOMIES," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 516-550, July.
    15. Joanna Tyrowicz & Magdalena Smyk, 2019. "Wage Inequality and Structural Change," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(2), pages 503-538, January.
    16. John Fitz Gerald, 2006. "Lessons from 20 Years of Cohesion," Chapters, in: Susanne Mundschenk & Michael H. Stierle & Ulrike Stierle-von Schütz & Iulia Traistaru-Siedschlag (ed.), Competitiveness and Growth in Europe, chapter 4, Edward Elgar Publishing.
    17. Kecmanovic, Milica, 2012. "Men's wage inequality in Serbia's transition," Economic Systems, Elsevier, vol. 36(1), pages 65-86.
    18. Bukowski, Pawel & Novokmet, Filip, 2021. "Between communism and capitalism: long-term inequality in Poland, 1892–2015," LSE Research Online Documents on Economics 110221, London School of Economics and Political Science, LSE Library.
    19. Jens Holscher & Cristiano Perugini & Fabrizio Pompei, 2011. "Wage inequality, labour market flexibility and duality in Eastern and Western Europe," Post-Communist Economies, Taylor & Francis Journals, vol. 23(3), pages 271-310.
    20. Gabriela Grotkowska & Leszek Wincenciak & Tomasz Gajderowicz, 2018. "Public–private wage differential in a post‐transition economy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 26(3), pages 495-522, July.
    21. Gabriela Grotkowska & Leszek Wincenciak & Tomasz Gajderowicz, 2017. "Evolution of the Public-Sector Wage Premium in Poland," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 5-31.
    22. Kimhi, Ayal, 2004. "Growth, Inequality and Labor Markets in LDCs: A Survey," Discussion Papers 289990, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    23. Nauro F. Campos & Dean Jolliffe, 2002. "After, Before and During: Returns to Education in the Hungarian Transition," William Davidson Institute Working Papers Series 475, William Davidson Institute at the University of Michigan.
    24. Pawel Bukowski & Filip Novokmet, 2017. "Top Incomes during Wars, Communism and Capitalism: Poland 1892-2015," PSE Working Papers halshs-02797835, HAL.
    25. Bukowski, Pawel & Novokmet, Filip, 2019. "Between communism and capitalism: long-term inequality in Poland, 1892-2015," LSE Research Online Documents on Economics 102834, London School of Economics and Political Science, LSE Library.
    26. Paweł Bukowski & Filip Novokmet, 2021. "Between communism and capitalism: long-term inequality in Poland, 1892–2015," Journal of Economic Growth, Springer, vol. 26(2), pages 187-239, June.
    27. Dorota Witkowska, 2013. "Gender Disparities in the Labor Market in the EU," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(4), pages 331-354, November.
    28. Pawel Bukowski & Filip Novokmet, 2017. "Top Incomes during Wars, Communism and Capitalism: Poland 1892-2015," Working Papers halshs-02797835, HAL.
    29. Lukiyanova Anna, 2006. "Wage Inequality in Russia (1994–2003)," EERC Working Paper Series 06-03e, EERC Research Network, Russia and CIS.
    30. Michal Grajek, 2001. "Gender Pay Gap in Poland," CIG Working Papers FS IV 01-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    31. Xiaohua Li & Yaohui Zhao & Lili Lu, 2008. "Effects of Education on Earnings Inequality in Urban China: 1988-2003," Working Papers PMMA 2008-09, PEP-PMMA.
    32. János Pénzes & Zoltán Bujdosó & Lóránt Dávid & Zsolt Radics & Gábor Kozma, 2014. "Differing development paths of spatial income inequalities after the political transition — by the example of Hungary and its regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 73-84.
    33. M. Brzeziński & B. Jancewicz & Natalia Letki, 2013. "GINI Country Report: Growing Inequalities and their Impacts in Poland," GINI Country Reports poland, AIAS, Amsterdam Institute for Advanced Labour Studies.
    34. Anna LUKIYANOVA, 2008. "Structure and Distribution of Earnings in Russia, 1994–2003," The Journal of Comparative Economic Studies (JCES), The Japanese Society for Comparative Economic Studies (JSCES), vol. 4, pages 9-40, December.
    35. Newell, Andrew T. & Socha, Mieczyslaw, 2007. "The Polish Wage Inequality Explosion," IZA Discussion Papers 2644, Institute of Labor Economics (IZA).
    36. Pawel Bukowski & Filip Novokmet, 2017. "Top Incomes during Wars, Communism and Capitalism: Poland 1892-2015," World Inequality Lab Working Papers halshs-02797835, HAL.
    37. Vera A. Adamchik & Arjun S. Bedi, 2003. "Gender pay differentials during the transition in Poland," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(4), pages 697-726, December.
    38. Witkowska Dorota, 2016. "Comparison of Women’s Situation in the Labour Market in the Former GDR and Poland," Comparative Economic Research, Sciendo, vol. 19(2), pages 129-148, June.
    39. Pawel Bukowski & Filip Novokmet, 2019. "Between Communism and Capitalism: Long-Term Inequality in Poland, 1892- 2015," Working Papers hal-02876995, HAL.
    40. Mitra, Pradeep & Yemtsov, Ruslan, 2006. "Increasing inequality in transition economies : is there more to come?," Policy Research Working Paper Series 4007, The World Bank.
    41. Lukiyanova, A., 2011. "Wage Inequality in Russian Economic Transition (1991–2008): Stylized Facts and Explanations," Journal of the New Economic Association, New Economic Association, issue 12, pages 124-147.
    42. Jelena Lauçev, 2012. "Public-Private Earnings Differentials during Economic Transition in Hungary," Budapest Working Papers on the Labour Market 1202, Institute of Economics, Centre for Economic and Regional Studies.
    43. Tor Eriksson & Mariola Pytliková & Frédéric Warzynski, 2013. "Increased sorting and wage inequality in the Czech Republic," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 21(2), pages 357-380, April.
    44. Emilia Bedyk & Jacek Liwiński, 2016. "The wage premium from parents’ investments in the education of their children in Poland," Working Papers 2016-14, Faculty of Economic Sciences, University of Warsaw.

  49. Keane, Michael & Prasad, Eswar, 2001. "Consumption and Income Inequality During the Transition to a Market Economy: Poland, 1985–1992," MPRA Paper 54356, University Library of Munich, Germany.

    Cited by:

    1. Guanghua Wan, 2002. "Income Inequality and Growth in Transition Economies: Are Nonlinear Models Needed?," WIDER Working Paper Series DP2002-104, World Institute for Development Economic Research (UNU-WIDER).

  50. Keane, Michael & Prasad, Eswar, 2001. "Social Transfers and Inequality During the Polish Transition," MPRA Paper 54326, University Library of Munich, Germany.

    Cited by:

    1. Wu, Ximing & Perloff, Jeffrey M., 2004. "China's Income Distribution Over Time: Reasons for Rising Inequality," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9jw2v939, Department of Agricultural & Resource Economics, UC Berkeley.

  51. Mr. Douglas Laxton & Mr. Eswar S Prasad, 2000. "International Spillovers of Macroeconomic Shocks: A Quantitative Exploration," IMF Working Papers 2000/101, International Monetary Fund.

    Cited by:

    1. Dungey, Mardi & Gajurel, Dinesh, 2014. "Contagion and banking crisis — internatonal evidence for 2007-2009," Working Papers 2014-10, University of Tasmania, Tasmanian School of Business and Economics.
    2. Ferdinand Fichtner, 2003. "Germany and the European Business Cycle - An Analysis of Causal Relations in an International Real Business Cycle Model," IWP Discussion Paper Series 01/2003, Institute for Economic Policy, Cologne, Germany.
    3. Daniel Agyapong, 2014. "Macroeconomic Spillover and Single Currency Adoption: An Inter-regional Analysis," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 64(3), pages 73-93, July-Sept.
    4. Marek Lubiński, 2007. "International Business Cycle," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 1(2), June.
    5. Swamy, Vighneswara, 2020. "Macroeconomic transmission of Eurozone shocks to India—A mean-adjusted Bayesian VAR approach," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 126-150.

  52. Mr. Eswar S Prasad, 2000. "The Unbearable Stability of the German Wage Structure: Evidence and Interpretation," IMF Working Papers 2000/022, International Monetary Fund.

    Cited by:

    1. Alexandra Spitz-Oener, 2008. "The Returns to Pencil Use Revisited," ILR Review, Cornell University, ILR School, vol. 61(4), pages 502-517, July.
    2. Fitzenberger, Bernd & Seidlitz, Arnim, 2020. "Die Lohnungleichheit von Vollzeitbeschäftigten in Deutschland : Rückblick und Überblick (Wage inequality among the full-time employed in Germany revisited : An overview)," IAB-Discussion Paper 202019, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    3. Berthold, Norbert & von Berchem, Sascha, 2003. "Job-AQTIV, Hartz, Agenda 2010: Aufbruch zu neuen Ufern oder viel Lärm um Nichts?," Discussion Paper Series 66, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    4. Aysit Tansel & Fatma Bircan, 2010. "Wage Inequality and Returns to Education in Turkey: A Quantile Regression Analaysis," ERC Working Papers 1003, ERC - Economic Research Center, Middle East Technical University, revised Dec 2010.
    5. Baumgarten, Daniel & Geishecker, Ingo & Görg, Holger, 2010. "Offshoring, tasks, and the skill-wage pattern," University of Göttingen Working Papers in Economics 98, University of Goettingen, Department of Economics.
    6. Fitzenberger, Bernd & Garloff, Alfred, 2005. "Unemployment, Labor Market Transitions, and Residual Wage Dispersion," ZEW Discussion Papers 05-04, ZEW - Leibniz Centre for European Economic Research.
    7. Beissinger, Thomas & Chusseau, Nathalie & Hellier, Joël, 2015. "Offshoring and labour market reforms: Modelling the German experience," Hohenheim Discussion Papers in Business, Economics and Social Sciences 04-2015, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    8. Giacomo Corneo, 2015. "Income inequality from a lifetime perspective," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(2), pages 225-239, May.
    9. Mr. Jörg Decressin & Mr. Anja Decressin, 2002. "On Sand and the Role of Grease in Labor Markets: How Does Germany Compare?," IMF Working Papers 2002/164, International Monetary Fund.
    10. Mario Reinhold, 2016. "On the Link between Job Polarisation and Wage Inequality - A regional approach for Germany," ERSA conference papers ersa16p361, European Regional Science Association.
    11. Christian Dustmann & Johannes Ludsteck & Uta Schönberg, 2009. "Revisiting the German Wage Structure," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(2), pages 843-881.
    12. Budría, Santiago & Pereira, Pedro T., 2005. "Educational Qualifications and Wage Inequality: Evidence for Europe," IZA Discussion Papers 1763, Institute of Labor Economics (IZA).
    13. Mr. Eswar S Prasad, 2003. "What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data," IMF Working Papers 2003/004, International Monetary Fund.
    14. Michael Funke & Jörg Rahn, 2002. "How efficient is the East German economy? An exploration with microdata," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 10(1), pages 201-223.
    15. Geishecker, Ingo & Gorg, Holger, 2005. "Do unskilled workers always lose from fragmentation?," The North American Journal of Economics and Finance, Elsevier, vol. 16(1), pages 81-92, March.
    16. Adriatik Hoxha, 2016. "The Wage-Price Setting Behavior: Comparing The Evidence from EU28 and EMU," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 19(60), pages 61-102, June.
    17. Gernandt, Johannes & Pfeiffer, Friedhelm, 2008. "Wage Convergence and Inequality after Unification: (East) Germany in Transition," ZEW Discussion Papers 08-022, ZEW - Leibniz Centre for European Economic Research.
    18. Michael Knogler & Volkhart Vincentz, 2005. "Auswirkungen der EU-Osterweiterung auf die Arbeitsmärkte der neuen Mitgliedstaaten und der EU-15, insbesondere Deutschland," Working Papers 257, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    19. Gary Gorton & Frank A. Schmid, 2002. "Class struggle inside the firm: a study of German codetermination," Working Papers 2000-025, Federal Reserve Bank of St. Louis.
    20. Rafal Kierzenkowski & Isabell Koske, 2012. "Less Income Inequality and More Growth – Are they Compatible? Part 8. The Drivers of Labour Income Inequality – A Literature Review," OECD Economics Department Working Papers 931, OECD Publishing.
    21. Ingo Geishecker & Holger Görg, 2003. "Winners and Losers: Fragmentation, Trade and Wages Revisited," Discussion Papers of DIW Berlin 385, DIW Berlin, German Institute for Economic Research.
    22. Bachmann, Ronald & Bauer, Thomas K. & Kröger, Hanna & Schaffner, Sandra & Schmidt, Christoph M., 2012. "Tarifsystem stabilisieren: Drucksache 17/8148. Stellungnahme zur Anhörung des Ausschusses für Arbeit und Soziales des Deutschen Bundestages am 6. Februar 2012," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 72592, October.
    23. Norbert Berthold, 2001. "Das Bündnis für Arbeit – Ein Weg aus der institutionellen Verflechtungsfalle?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 2(4), pages 383-406, November.
    24. Gernandt, Johannes & Pfeiffer, Friedhelm, 2006. "Rising Wage Inequality in Germany," ZEW Discussion Papers 06-019 [rev.], ZEW - Leibniz Centre for European Economic Research.
    25. Aretz, Bodo, 2013. "Gender Differences in German Wage Mobility," IZA Discussion Papers 7158, Institute of Labor Economics (IZA).
    26. Schröder, Christoph, 2000. "Spreizung westdeutscher Arbeitseinkommen: Messung, Trends und Einflussfaktoren," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, vol. 27(2), pages 5-23.
    27. Weber, Andrea Maria & Ammermüller, Andreas, 2003. "Education and Wage Inequality in Germany: A Review of the Empirical Literature," ZEW Discussion Papers 03-29, ZEW - Leibniz Centre for European Economic Research.
    28. Hans-Werner Sinn & Christian Holzner & Wolfgang Meister & Wolfgang Ochel & Martin Werding, 2006. "Aktivierende Sozialhilfe 2006 - das Kombilohn-Modell des ifo Instituts," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(02), pages 06-27, January.
    29. Beissinger, Thomas & Chusseau, Nathalie & Hellier, Joël, 2016. "Offshoring and labour market reforms in Germany: Assessment and policy implications," Economic Modelling, Elsevier, vol. 53(C), pages 314-333.
    30. Kaltenborn, Bruno & Klös, Hans-Peter, 2000. "Arbeitmarktstatus- und Lohnmobilität in Westdeutschland 1984/96," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, vol. 27(2), pages 24-45.
    31. Corneo Giacomo, 2015. "Kreuz und quer durch die deutsche Einkommensverteilung," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(2), pages 109-126, June.
    32. Reinhold, Mario, 2016. "On the Link between Job Polarisation and Wage Inequality in Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change 145802, Verein für Socialpolitik / German Economic Association.
    33. Thomas Beissinger & Nathalie Chusseau & Joel Hellier, 2014. "Offshoring, employment, labour market reform and inequality: Modelling the German experience," Working Papers 330, ECINEQ, Society for the Study of Economic Inequality.
    34. Ingo Geishecker & Holger Görg, 2008. "Winners and losers: a micro-level analysis of international outsourcing and wages," Canadian Journal of Economics, Canadian Economics Association, vol. 41(1), pages 243-270, February.
    35. Keane, Michael P. & Prasad, Eswar S., 2006. "Changes in the structure of earnings during the Polish transition," Journal of Development Economics, Elsevier, vol. 80(2), pages 389-427, August.
    36. Bernd Fitzenberger & Arnim Seidlitz, 2020. "Die Lohnungleichheit von Vollzeitbeschäftigten in Deutschland: Rückblick und Überblick [Wage inequality among the full-time employed in Germany revisited: An overview]," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 14(2), pages 125-143, July.
    37. Bellmann, Lutz & Gartner, Hermann, 2003. "Fakten zur Entwicklung der qualifikatorischen und sektoralen Lohnstruktur (Facts on the development of the qualification-related and sectoral wage structure)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 36(4), pages 493-508.
    38. Mr. Rodolfo Luzio & Mr. Steven V Dunaway & Mr. Martin D Kaufman, 2001. "Returns to Human Capital and Investment in New Technology," IMF Working Papers 2001/133, International Monetary Fund.
    39. Michael C. Burda & Jennifer Hunt, 2001. "From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 32(2), pages 1-92.
    40. Andreas Knabe & Ronnie Schöb, 2008. "Minimum Wage Incidence: The Case for Germany," CESifo Working Paper Series 2432, CESifo.
    41. Dirk Antonczyk & Thomas DeLeire & Bernd Fitzenberger, 2018. "Polarization and Rising Wage Inequality: Comparing the U.S. and Germany," Econometrics, MDPI, vol. 6(2), pages 1-33, April.
    42. Aretz, Bodo & Gürtzgen, Nicole, 2012. "What explains the decline in wage mobility in the German low-wage sector?," ZEW Discussion Papers 12-041, ZEW - Leibniz Centre for European Economic Research.
    43. Claudia M. Buch & Jörn Kleinert, 2007. "Multinational Firms and New Protectionisms," IAW Discussion Papers 33, Institut für Angewandte Wirtschaftsforschung (IAW).
    44. Sonja Jovicic & Ronald Schettkat, 2013. "Does Inequality Promote Employment? An International Comparison," Schumpeter Discussion Papers SDP13009, Universitätsbibliothek Wuppertal, University Library.
    45. Berthold, Norbert & Zenzen, Jupp, 2009. "Stochern im Nebel: der Ungleichheit auf der Spur," Discussion Paper Series 104, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    46. Corneo, Giacomo, 2013. "Die relative Bezahlung der Hochqualifizierten in Staat und Privatwirtschaft: Deutschland, 1977-2011," Discussion Papers 2013/19, Free University Berlin, School of Business & Economics.
    47. Usamah Fayez Al-Farhan, 2010. "A Detailed Decomposition of Changes in Wage Inequality in Reunified Post-transition Germany 1999-2006: Accounting for Sample Selection," SOEPpapers on Multidisciplinary Panel Data Research 269, DIW Berlin, The German Socio-Economic Panel (SOEP).
    48. Elisabeth Kutschka, 2011. "Quality Upgrading, Skill Demand and International Trade: The Case of German Manufacturing," FEMM Working Papers 110022, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    49. Andreas Kappeler & Andrés Fuentes Hutfilter, 2014. "Making Economic Growth more Socially Inclusive in Germany," OECD Economics Department Working Papers 1175, OECD Publishing.
    50. Sarah Hudson & Helena V. González-Gómez & Cyrlene Claasen, 2022. "Societal Inequality, Corruption and Relation-Based Inequality in Organizations," Journal of Business Ethics, Springer, vol. 181(3), pages 789-809, December.
    51. Mr. Eswar S Prasad, 2002. "Wage Inequality in the United Kingdom, 1975–99," IMF Working Papers 2002/042, International Monetary Fund.
    52. Rafal Kierzenkowski & Isabell Koske, 2013. "The Drivers Of Labor Income Inequality — A Literature Review," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-32.
    53. Stefan Gravemeyer & Thomas Gries, 2010. "Income and disparity in Germany and China," Working Papers CIE 30, Paderborn University, CIE Center for International Economics.
    54. Andreas Knabe & Ronnie Schöb, 2008. "Minimum Wages and their Alternatives: A Critical Assessment," CESifo Working Paper Series 2494, CESifo.
    55. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    56. Fitzenberger, Bernd & Kohn, Karsten, 2006. "Skill wage premia, employment, and cohort effects: are workers in Germany all of the same type?," ZEW Discussion Papers 06-044, ZEW - Leibniz Centre for European Economic Research.
    57. Alexandra Spitz-Oener, 2006. "Technical Change, Job Tasks, and Rising Educational Demands: Looking outside the Wage Structure," Journal of Labor Economics, University of Chicago Press, vol. 24(2), pages 235-270, April.
    58. Garloff, Alfred & Machnig, Jan, 2011. "Wenig Lohn trotz Vollzeitbeschäftigung : Niedriglohnbeschäftigung in Deutschland und Hessen. Eine Bestandsaufnahme," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Hessen 201103, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    59. Aretz, Bodo & Gürtzgen, Nicole, 2012. "The Evolution of Wage Mobility in the German Low-Wage Sector - Is There Evidence for Increasing State Dependence?," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62049, Verein für Socialpolitik / German Economic Association.
    60. Eichhorst, Werner & Arni, Patrick & Buhlmann, Florian & Isphording, Ingo E. & Tobsch, Verena, 2015. "Wandel der Beschäftigung: Polarisierungstendenzen auf dem deutschen Arbeitsmarkt," IZA Research Reports 68, Institute of Labor Economics (IZA).
    61. Heiko Peters, 2008. "Development of Wage Inequality for Natives and Immigrants in Germany: Evidence from Quantile Regression and Decomposition," SOEPpapers on Multidisciplinary Panel Data Research 113, DIW Berlin, The German Socio-Economic Panel (SOEP).
    62. Bachmann, Ronald & Bauer, Thomas K. & Kröger, Hanna & Schaffner, Sandra & Schmidt, Christoph M., 2012. "Tarifvertragssystem stärken - Allgemeinverbindliche Tariflöhne und branchenspezifische Mindestlöhne erleichtern. Stellungnahme zur Anhörung des Ausschusses für Arbeit und Soziales des Deutschen Bundes," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 72615, October.
    63. Adriatik Hoxha, 2016. "The Switch to Near-Rational Wage-Price Setting Behaviour: The Case of United Kingdom," EuroEconomica, Danubius University of Galati, issue 1(35), pages 127-148, may.
    64. Regina T. Riphahn, 2002. "Bruttoeinkommensverteilung in Deutschland 1984 - 1999 und Ungleichheit unter ausländischen Erwerbstätigen," Discussion Papers of DIW Berlin 272, DIW Berlin, German Institute for Economic Research.

  53. Mr. Eswar S Prasad & Mr. Michael P. Keane, 2000. "Inequality, Transfers and Growth: New Evidence From the Economic Transition in Poland," IMF Working Papers 2000/117, International Monetary Fund.

    Cited by:

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    2. Diego Restuccia & Carlos Urrutia, 2002. "Intergenerational Persistence of Earnings: The Role of Early and College Education," Working Papers diegor-02-03, University of Toronto, Department of Economics.
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    41. Tobias Gruhle & Philipp Harms, 2019. "Producer Services and the Current Account," Working Papers 1906, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
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    44. Nicolas Coeurdacier, 2009. "Comment on 'External performance in low income countries' (by L. Christiansen, A. Prati, L. A. Ricci, S. Tokarick, and T. Tressel)," Post-Print hal-01053625, HAL.
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    48. Taylor, Mark & Sarno, Lucio & Mody, Ashoka, 2005. "A Cross-Country Financial Accelerator: Evidence from North America and Europe," CEPR Discussion Papers 5037, C.E.P.R. Discussion Papers.
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    96. Quint, Dominic, 2014. "How Large Is the Stress from the Common Monetary Policy in the Euro Area?," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100341, Verein für Socialpolitik / German Economic Association.
    97. Shushanik Papanyan, 2010. "The transmission of shocks between Europe, Japan and the United States," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 29(1-2), pages 54-70.
    98. Eickmeier, Sandra, 2005. "Common stationary and non-stationary factors in the euro area analyzed in a large-scale factor model," Discussion Paper Series 1: Economic Studies 2005,02, Deutsche Bundesbank.
    99. Chen, Shyh-Wei & Shen, Chung-Hua, 2007. "A sneeze in the U.S., a cough in Japan, but pneumonia in Taiwan? An application of the Markov-Switching vector autoregressive model," Economic Modelling, Elsevier, vol. 24(1), pages 1-14, January.
    100. Dominic Quint, 2016. "Is it really more dispersed?," International Economics and Economic Policy, Springer, vol. 13(4), pages 593-621, October.
    101. Mr. Francisco d Nadal De Simone, 2002. "Common and Idiosyncratic Components in Real Output: Further International Evidence," IMF Working Papers 2002/229, International Monetary Fund.
    102. Giannone, Domenico & Reichlin, Lucrezia & Lenza, Michele, 2009. "Business cycles in the euro area," Working Paper Series 1010, European Central Bank.
    103. Xue, Yi & He, Yin & Shao, Xinjian, 2012. "Butterfly effect: The US real estate market downturn and the Asian recession," Finance Research Letters, Elsevier, vol. 9(2), pages 92-102.
    104. Linsenmeier, Manuel, 2024. "Seasonal temperature variability and economic cycles," LSE Research Online Documents on Economics 120640, London School of Economics and Political Science, LSE Library.
    105. Swamy, Vighneswara, 2020. "Macroeconomic transmission of Eurozone shocks to India—A mean-adjusted Bayesian VAR approach," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 126-150.

  56. Mr. Antonio Spilimbergo & Mr. Eswar S Prasad & Mr. Paolo Mauro, 1999. "Perspectives on Regional Unemployment in Europe," IMF Occasional Papers 1999/004, International Monetary Fund.

    Cited by:

    1. Boeri, Tito, 2001. "Transition with Labour Supply," IZA Discussion Papers 257, Institute of Labor Economics (IZA).
    2. Alberto Dalmazzo & Guido Blasio, 2007. "Social returns to education in Italian local labor markets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(1), pages 51-69, March.
    3. Halleck Vega, Solmaria & Elhorst, J. Paul, 2016. "A regional unemployment model simultaneously accounting for serial dynamics, spatial dependence and common factors," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 85-95.
    4. Floro Ernesto Caroleo, 2000. "Le Politiche per l'Occupazione in Europa: una Tassonomia Istituzionale," CELPE Discussion Papers 52, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    5. Marianna Belloc & Riccardo Tilli, 2013. "Unemployment by gender and gender catching-up: Empirical evidence from the Italian regions," Papers in Regional Science, Wiley Blackwell, vol. 92(3), pages 481-494, August.
    6. Wai Kin Choy & David C Mare & Peter Mawson, 2002. "Modelling Regional Labour Market Adjustment in New Zealand," Treasury Working Paper Series 02/01, New Zealand Treasury.
    7. Neumann, Michael, 2006. "Do Larger Nations Have Higher Unemployment Rates?," Discussion Paper Series 85, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    8. David C Maré & Wai Kin Choy, 2001. "Regional Labour Market Adjustment and the Movements of People: A Review," Treasury Working Paper Series 01/08, New Zealand Treasury.
    9. Pelkmans, J., 2003. "Economic implications of the enlargement of the EU," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 38.
    10. Adalgiso Amendola & Floro Ernesto Caroleo & Gianluigi Coppola, 2003. "Regional differences in the European labour market," ERSA conference papers ersa03p200, European Regional Science Association.
    11. Mr. A. Dalmazzo & Mr. Guido De Blasio, 2003. "Social Returns to Education: Evidence From Italian Local Labor Market Areas," IMF Working Papers 2003/165, International Monetary Fund.
    12. Dohse, Dirk & Krieger-Boden, Christiane & Soltwedel, Rüdiger, 2000. "Emu Challenges Regional Labor Markets," ERSA conference papers ersa00p7, European Regional Science Association.
    13. Guido de Blasio & Giorgio Nuzzo, 2006. "The Legacy of History for Economic Development: The Case of Putnam's Social Capital," Temi di discussione (Economic working papers) 591, Bank of Italy, Economic Research and International Relations Area.
    14. Paolo Epifani & Gino Gancia, 2002. "Trade, migration and regional unemployment," Economics Working Papers 832, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2003.
    15. Pierella Paci & Erwin R. Tiongson & Mateusz Walewski & Jacek Liwinski & Maria M. Stoilkova, 2007. "Internal Labor Mobility in Central Europe and the Baltic Region," World Bank Publications - Books, The World Bank Group, number 6598, December.
    16. Niebuhr, Annekatrin, 2002. "Spatial Dependence of Regional Unemployment in the European Union," Discussion Paper Series 26147, Hamburg Institute of International Economics.
    17. Mr. Guido De Blasio & Sabrina Di Addario, 2002. "Labor Market Pooling," IMF Working Papers 2002/121, International Monetary Fund.
    18. Walsh, Brendan M., 2006. "Labour Market Adjustment in the Irish Regions: 1988-2005," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2006(3-Autumn), pages 80-99.

  57. Mr. Eswar S Prasad, 1999. "International Trade and the Business Cycle," IMF Working Papers 1999/056, International Monetary Fund.

    Cited by:

    1. Massimo Giuliodori, 2004. "Nominal shocks and the current account: A structural VAR analysis of 14 OECD countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(4), pages 569-591, December.
    2. Matthieu Bussiere & Alexander Chudik & Giulia Sestieri, 2012. "Modelling global trade flows: results from a GVAR model," Globalization Institute Working Papers 119, Federal Reserve Bank of Dallas.
    3. Carlos Borondo, "undated". "International Transmission of Monetary Shocks with Interest Rate Rule," Working Papers on International Economics and Finance 00-04, FEDEA.
    4. Menzie David Chinn & Mr. Jaewoo Lee, 2002. "Current Account and Real Exchange Rate Dynamics in the G-7 Countries," IMF Working Papers 2002/130, International Monetary Fund.
    5. Lucio Sarno & Mark P. Taylor, 2002. "Purchasing Power Parity and the Real Exchange Rate," IMF Staff Papers, Palgrave Macmillan, vol. 49(1), pages 1-5.
    6. Lane, P, 1999. "The New Open Economy Macroeconomics: A Survey," Trinity Economics Papers 993, Trinity College Dublin, Department of Economics.
    7. Zhang, Yin & Wan, Guanghua, 2007. "What accounts for China's trade balance dynamics?," Journal of Policy Modeling, Elsevier, vol. 29(6), pages 821-837.
    8. Mansour Khalili Araghi & Farideh Sadeghian Fard, 2011. "Investigating the Co- Movement and Causality between Iran and Germany," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 16(2), pages 1-9, spring.
    9. Orden, David, 2002. "Exchange Rate Effects on Agricultural Trade," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 34(2), pages 303-312, August.
    10. Menzie David Chinn & Mr. Eswar S Prasad, 2000. "Medium-Term Determinants of Current Accounts in Industrial and Developing Countries: An Empirical Exploration," IMF Working Papers 2000/046, International Monetary Fund.
    11. Tuvshintugs Batdelger & Magda Kandil, 2012. "Determinants of the current account balance in the United States," Applied Economics, Taylor & Francis Journals, vol. 44(5), pages 653-669, February.
    12. Rafiq, Sohrab, 2013. "Sources of time-varying trade balance and real exchange rate dynamics in East Asia," Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 117-141.
    13. Christian Richter & Andrew Hughes Hallett, 2005. "A Time-Frequency Analysis of the Coherences of the US Business," Computing in Economics and Finance 2005 45, Society for Computational Economics.
    14. José García-Solanes & Jesús Rodríguez López & José Luis Torres Chacón, 2007. "Demand Shocks and Trade Balance Dynamics," Working Papers 07.10, Universidad Pablo de Olavide, Department of Economics.
    15. Luis N. Lanteri, 2011. "Apertura económica y producto sectorial. Alguna evidencia para la economía Argentina," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    16. Zhang, Yin & Wan, Guanghua, 2008. "Correcting China's trade imbalance: Monetary means will not suffice," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 505-521.
    17. Jayaram, Shruthi & Patnaik, Ila & Shah, Ajay, 2009. "Examining the decoupling hypothesis for India," Working Papers 09/61, National Institute of Public Finance and Policy.
    18. Eickmeier, Sandra, 2004. "Business Cycle Transmission from the US to Germany: a Structural Factor Approach," Discussion Paper Series 1: Economic Studies 2004,12, Deutsche Bundesbank.
    19. Nikolaychuk Sergiy & Shapovalenko Nadiia, 2013. "The identification of the sources of current account fluctuations in Ukraine," EERC Working Paper Series 13/12e, EERC Research Network, Russia and CIS.
    20. Massimo Giuliodori, "undated". "The Empirical Relevance of a basic sticky-price intertemporal model," Working Papers 2001_17, Business School - Economics, University of Glasgow.
    21. Carlos Borondo, 2000. "INTERNATIONAL TRANSMISSION OF MONETARY SHOCKS WITH INTEREST RATE RULE Abstract: This paper explores the implications of monetary policy rules in the general equilibrium two-country framework of Obstfe," Working Papers 00-04, Asociación Española de Economía y Finanzas Internacionales.
    22. Freund, Caroline, 2005. "Current account adjustment in industrial countries," Journal of International Money and Finance, Elsevier, vol. 24(8), pages 1278-1298, December.
    23. Fisher, L. A. & Huh, H-S., 2002. "Real exchange rates, trade balances and nominal shocks: evidence for the G-7," Journal of International Money and Finance, Elsevier, vol. 21(4), pages 497-518, August.
    24. Kose, M. Ayhan & Yi, Kei-Mu, 2006. "Can the standard international business cycle model explain the relation between trade and comovement?," Journal of International Economics, Elsevier, vol. 68(2), pages 267-295, March.
    25. Mr. C. John McDermott & Mr. Eswar S Prasad & Pierre-Richard Agénor, 1999. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts," IMF Working Papers 1999/035, International Monetary Fund.
    26. Fabio Canova, 2005. "The transmission of US shocks to Latin America," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(2), pages 229-251.
    27. Mr. Kanda Naknoi & Mr. Allan D. Brunner, 2003. "Trade Costs, Market Integration, and Macroeconomic Volatility," IMF Working Papers 2003/054, International Monetary Fund.
    28. Andrew Hallett & Christian Richter, 2006. "Measuring the Degree of Convergence among European Business Cycles," Computational Economics, Springer;Society for Computational Economics, vol. 27(2), pages 229-259, May.
    29. Andrew Hughes Hallett & Christian R. Richter, 2007. "Time Varying Cyclical Analysis for Economies in Transition," CASE Network Studies and Analyses 0334, CASE-Center for Social and Economic Research.
    30. M. Ayhan Kose & Kei-Mu Yi, 2002. "The trade comovement problem in international macroeconomics," Staff Reports 155, Federal Reserve Bank of New York.
    31. Fabio Canova, 2003. "The transmission of US shocks to Latin America," Economics Working Papers 925, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2004.
    32. Anton Muscatelli & Franco Spinelli & Carmine Trecroci, 2001. "Real Exchange Rates in the Long Run: Evidence from Historical Data," Working Papers 2001_6, Business School - Economics, University of Glasgow.
    33. Fisher, Lance A. & Huh, Hyeon-seung, 2016. "Monetary policy and exchange rates: Further evidence using a new method for implementing sign restrictions," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 177-191.
    34. Hyeon-seung Huh & Won Soon Kwon, 2015. "Sources of Fluctuations in the Real Exchange Rates and Trade Balances of the G-7: A Sign Restriction VAR Approach," Review of International Economics, Wiley Blackwell, vol. 23(4), pages 715-737, September.
    35. Wang, Tao, 2005. "Sources of real exchange rate fluctuations in China," Journal of Comparative Economics, Elsevier, vol. 33(4), pages 753-771, December.
    36. Mr. Jens R Clausen & Ms. Magda E. Kandil, 2005. "On Cyclicality in the Current and Financial Accounts: Evidence from Nine Industrial Countries," IMF Working Papers 2005/056, International Monetary Fund.
    37. Fabrizio Erbetta & Luca Agnello, 2001. "The martingales: theoretical and empirical characteristics," CERIS Working Paper 200107, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    38. Anton Muscatelli, V. & Spinelli, Franco & Trecroci, Carmine, 2007. "Macroeconomic shocks, structural change and real exchange rates: Evidence from historical data," Journal of International Money and Finance, Elsevier, vol. 26(8), pages 1403-1423, December.
    39. Ms. Tao Wang, 2004. "China: Sources of Real Exchange Rate Fluctuations," IMF Working Papers 2004/018, International Monetary Fund.
    40. Meng, Xiangcai & Huang, Chia-Hsing, 2016. "Nonlinear models for the sources of real effective exchange rate fluctuations: Evidence from the Republic of Korea," Japan and the World Economy, Elsevier, vol. 40(C), pages 21-30.
    41. Giovanna Segre, 2000. "Foreign Direct Investment and Trade in the EU: Are They Complementary or Substitute in Business Cycles Fluctuations?," CERIS Working Paper 200007, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.

  58. Mr. C. John McDermott & Mr. Eswar S Prasad & Pierre-Richard Agénor, 1999. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts," IMF Working Papers 1999/035, International Monetary Fund.

    Cited by:

    1. 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.
    2. Pardo, Cristian, 2013. "Entrepreneurial risk aversion, net worth effects and real fluctuations," Review of Financial Economics, Elsevier, vol. 22(4), pages 158-168.
    3. Aïssata Coulibaly & Urbain Thierry Yogo, 2019. "The path to shared prosperity: Leveraging financial services outreach to create decent jobs in developing countries," Post-Print hal-02298668, HAL.
    4. Suescun, Rodrigo, 2020. "A tool for fiscal policy planning in a medium-term fiscal framework: The FMM-MTFF model," Economic Modelling, Elsevier, vol. 88(C), pages 431-446.
    5. Pacheco Jiménez, J.F., 2001. "Business cycles in small open economies: the case of Costa Rica," ISS Working Papers - General Series 19075, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    6. Nicoletta Batini & Vasco Gabriel & Paul Levine & Joseph Pearlman, 2010. "A Floating versus Managed Exchange Rate Regime in a DSGE Model of India," Macroeconomics Working Papers 21992, East Asian Bureau of Economic Research.
    7. Jelena Radović – Stojanović, 2014. "The Cyclical Character Of Economic Policy In Serbia 2001-2012," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 59(202), pages 157-182, July – Se.
    8. Calderon, Cesar & Schmidt-Hebbel, Klaus, 2003. "Macroeconomic policies and performance in Latin America," Journal of International Money and Finance, Elsevier, vol. 22(7), pages 895-923, December.
    9. Alexandra Tabova & A. Craig Burnside, 2010. "Risk, Volatility, and the Global Cross-Section of Growth Rates," Working Papers 10-42, Duke University, Department of Economics.
    10. Pierre Richard Agénor, 2006. "External Shocks and the Urban Poor," Economics Discussion Paper Series 0607, Economics, The University of Manchester.
    11. Andrea Bonilla, 2014. "External vulnerabilities and economic integration. Is the Union of South American Nations a promising project ?," Working Papers halshs-00945044, HAL.
    12. Karsten Kohler, 2019. "Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles," Working Papers PKWP1906, Post Keynesian Economics Society (PKES).
    13. Asongu, Simplice A, 2013. "Does Money Matter in Africa? New Empirics on Long- and Short-run Effects of Monetary Policy on Output and Prices," MPRA Paper 48494, University Library of Munich, Germany.
    14. Rand, John & Tarp, Finn, 2002. "Business Cycles in Developing Countries: Are They Different?," World Development, Elsevier, vol. 30(12), pages 2071-2088, December.
    15. Melisso Boschi & Alessandro Girardi, 2008. "The contribution of domestic, regional, and international factors to Latin America’s business cycle," ISAE Working Papers 105, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
    16. Betty C. Daniel & John Bailey Jones, 2001. "Financial liberalization and banking crises in emerging economies," Pacific Basin Working Paper Series 2001-03, Federal Reserve Bank of San Francisco.
    17. Leung, Ron & Stampini, Marco & Vencatachellum, Désiré, 2009. "Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis," IZA Discussion Papers 4608, Institute of Labor Economics (IZA).
    18. Sean J. Gossel & Nicholas Biekpe, 2013. "The Cyclical Relationships Between South Africa's Net Capital Inflows and Fiscal and Monetary Policies," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(2), pages 64-83, March.
    19. Le, Ha, 2014. "Dynamics of Business Cycles in Vietnam: A comparison with Indonesia and Philippines," MPRA Paper 57010, University Library of Munich, Germany, revised 01 Jul 2014.
    20. Ms. Magda E. Kandil, 2014. "Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean," IMF Working Papers 2014/067, International Monetary Fund.
    21. Kajal Lahiri & Gultekin Isiklar, 2010. "Estimating International Transmission of Shocks Using GDP Forecasts: India and Its Trading Partners," Discussion Papers 10-06, University at Albany, SUNY, Department of Economics.
    22. Mark Taylor & Ashoka Mody, 2004. "International Capital Crunches: The Time-Varying Role Of Informational Asymmetries," Royal Economic Society Annual Conference 2004 113, Royal Economic Society.
    23. Manuchehr Irandoust, 2017. "Saving behaviour under terms-of-trade uncertainty: evidence from hidden cointegration approach," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 10(2), pages 135-150, May.
    24. Elguellab, Ali & Ezzahid, Elhadj, 2023. "Dissecting the Moroccan business cycle: A trade-based identification of agricultural supply shocks," Economic Modelling, Elsevier, vol. 129(C).
    25. Kose, M. Ayhan & Prasad, Eswar S. & Taylor, Ashley D., 2009. "Thresholds in the process of international financial integration," Policy Research Working Paper Series 5149, The World Bank.
    26. Lane, Philip R. & Tornell, Aaron, 1998. "Why aren't savings rates in Latin America procyclical?," Journal of Development Economics, Elsevier, vol. 57(1), pages 185-199, October.
    27. Samuel Bates & Cheikh Tidiane Ndiaye, 2014. "Economic Growth from a Structural Unobserved Component Modeling: The Case of Senegal," Post-Print hal-01291329, HAL.
    28. Catalina Granda-Carvajal, 2010. "The Unofficial Economy and the Business Cycle: A Test for Theories," Working papers 2010-17, University of Connecticut, Department of Economics.
    29. Hideaki Hirata & Sunghyun Henry Kim & M. Ayhan Kose, 2007. "Sources of Fluctuations: The Case of MENA," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 43(1), pages 5-34, February.
    30. Nomoto, Takaaki, 2016. "Rainfall Variability and Macroeconomic Performance:A Case Study of India, 1952–2013," MPRA Paper 71976, University Library of Munich, Germany.
    31. Pamphile MEZUI-MBENG, 2012. "Cycle Du Credit Et Cycle Des Affaires Dans Les Pays De La Cemac," Cahiers du CEREFIGE 1202, CEREFIGE (Centre Europeen de Recherche en Economie Financiere et Gestion des Entreprises), Universite de Lorraine, revised 2012.
    32. Fanelli, José María, 2002. "Growth, instability and the convertibility crisis in Argentina," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    33. Balázs Égert, 2012. "Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?," EconomiX Working Papers 2012-12, University of Paris Nanterre, EconomiX.
    34. Sonia Bhalotra & Samantha Rawlings, 2009. "Gradients of the Intergenerational Transmission of Health in Developing Countries," The Centre for Market and Public Organisation 09/218, The Centre for Market and Public Organisation, University of Bristol, UK.
    35. Kamilya Tazhibayeva & Mr. Aasim M. Husain & Anna Ter-Martirosyan, 2008. "Fiscal Policy and Economic Cycles in Oil-Exporting Countries," IMF Working Papers 2008/253, International Monetary Fund.
    36. Mr. Vivek B. Arora & Mr. Athanasios Vamvakidis, 2004. "How Much Do Trading Partners Matter for Economic Growth?," IMF Working Papers 2004/026, International Monetary Fund.
    37. Zhang, Yin & Wan, Guanghua, 2007. "What accounts for China's trade balance dynamics?," Journal of Policy Modeling, Elsevier, vol. 29(6), pages 821-837.
    38. Bjarni G. Einarsson & Gudjón Emilsson & Svava J. Haraldsdóttir & Thórarinn G. Pétursson & Rósa B. Sveinsdóttir, 2013. "On our own? The Icelandic business cycle in an international context," Economics wp63, Department of Economics, Central bank of Iceland.
    39. Andrea Bonilla Bolanos, 2014. "External Vulnerabilities And Economic Integration: Is The Union Of South American Nations A Promising Project?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(2), pages 97-131, June.
    40. João T. Jalles, 2022. "Do credit rating agencies reward fiscal prudence?," International Finance, Wiley Blackwell, vol. 25(1), pages 2-22, April.
    41. Rátfai, Attila & Benczúr, Péter, 2005. "Economic Fluctuations in Central and Eastern Europe: The Facts," CEPR Discussion Papers 4846, C.E.P.R. Discussion Papers.
    42. Viv. B Hall & McDermott C. John, 2004. "Regional Business Cycles in New Zealand: Do they exist? What might drive them?," ERSA conference papers ersa04p200, European Regional Science Association.
    43. Kushal Banik Chowdhury & Nityananda Sarkar, 2017. "Is the Hybrid New Keynesian Phillips Curve Stable? Evidence from Some Emerging Economies," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 15(3), pages 427-449, September.
    44. Roland Crairmonte Craigwell & Winston Ricardo Moore & Kim Coppin, 2005. "Financial Innovation and Efficiency in the Barbadian Banking Industry," Money Affairs, CEMLA, vol. 0(2), pages 83-100, July-Dece.
    45. Zouhair Ait Benhamou, 2017. "Microfoundations of the New Keynesian Phillips Curve in an Open Emerging Economy," Post-Print hal-02977727, HAL.
    46. Agenor, Pierre-Richard & Bayraktar, Nihal, 2003. "Contracting models of the Phillips curve - empirical estimates for Middle-income countries," Policy Research Working Paper Series 3139, The World Bank.
    47. Hien Nguyen Thi Kim, 2016. "Navigating Cyclicality of Fiscal Policy in Vietnam : An Empirical Investigation," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 3(2), pages 159-173, October.
    48. Mallick, Debdulal, 2015. "Elusive Relationship between Business-cycle Volatility and Long-run Growth," MPRA Paper 64502, University Library of Munich, Germany.
    49. Zouhair Ait Benhamou, 2018. "Imperfect Governance and Price Stickiness in Emerging Economies," Post-Print hal-02977722, HAL.
    50. Chani, Muhammad Irfan & Pervaiz, Zahid & Jan, Sajjad Ahmad & Ali, Amjad & Chaudhary, Amatul R., 2011. "Poverty, inflation and economic growth: empirical evidence from Pakistan," MPRA Paper 34290, University Library of Munich, Germany, revised 2011.
    51. Simplice A. Asongu, 2014. "Correcting Inflation with Financial Dynamic Fundamentals: Which Adjustments Matter in Africa?," Journal of African Business, Taylor & Francis Journals, vol. 15(1), pages 64-73, April.
    52. Houssa, Romain, 2013. "Uncertainty about welfare effects of consumption fluctuations," European Economic Review, Elsevier, vol. 59(C), pages 35-62.
    53. Wibbels, Erik, 2006. "Dependency Revisited: International Markets, Business Cycles, and Social Spending in the Developing World," International Organization, Cambridge University Press, vol. 60(2), pages 433-468, April.
    54. Ethan Ilzetzki & Carlos A. Vegh, 2008. "Procyclical Fiscal Policy in Developing Countries: Truth or Fiction?," NBER Working Papers 14191, National Bureau of Economic Research, Inc.
    55. Pierre-Richard Agenor & Joshua Aizenman, 2000. "Savings and the Terms of Trade Under Borrowing Constraints," NBER Working Papers 7743, National Bureau of Economic Research, Inc.
    56. Latorre, Concepción & Gómez-Plana, Antonio G., 2010. "Multinationals in the Motor vehicles industry: A general equilibrium analysis for a Transition Economy," Conference papers 332025, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    57. Mr. Paul Cashin & Ms. Catherine A Pattillo, 2000. "Terms of Trade Shocks in Africa: Are they Short-Lived or Long-Lived?," IMF Working Papers 2000/072, International Monetary Fund.
    58. M. Ali Choudhary & M. Nadim Hanif & Javed Iqbal, 2014. "On smoothing macroeconomic time series using the modified HP filter," Applied Economics, Taylor & Francis Journals, vol. 46(19), pages 2205-2214, July.
    59. Abdur R. Chowdhury, 2003. "Do asymmetric terms of trade shocks affect private savings in a transition economy?," Macroeconomics 0303006, University Library of Munich, Germany.
    60. Gladys COTRIE & Roland CRAIGWELL & Alain MAURIN, 2009. "Estimating Indexes Of Coincident And Leading Indicators For Barbados," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    61. Mellár, Tamás & Németh, Kristóf, 2018. "A kibocsátási rés becslése többváltozós állapottérmodellekben. Szuperhiszterézis és további empirikus eredmények [Estimating output gap in multivariate state space models. Super-hysteresis and furt," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 557-591.
    62. Leon du Toit, 2009. "Economic Crises, Stabilisation Policy and Output in Emerging Market Economies," Working Papers 20/2009, Stellenbosch University, Department of Economics.
    63. Mr. Joannes Mongardini & Tahsin Saadi Sedik, 2003. "Estimating Indexes of Coincident and Leading Indicators: An Application to Jordan," IMF Working Papers 2003/170, International Monetary Fund.
    64. Andrés Fernández, 2010. "“Tropical” Real Business Cycles? A Bayesian Exploration," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 28(61), pages 60-105, August.
    65. Juan Carlos Parra Alvarez, 2008. "Hechos estilizados de la economía colombiana: fundamentos empíricos para la construcción y evaluación de un modelo DSGE," Borradores de Economia 509, Banco de la Republica de Colombia.
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    223. Sami Alpanda & Adam Honig, 2009. "The Impact of Central Bank Independence on Political Monetary Cycles in Advanced and Developing Nations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(7), pages 1365-1389, October.
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    228. Mehrara, Mohsen & Oskoui, Kamran Niki, 2007. "The sources of macroeconomic fluctuations in oil exporting countries: A comparative study," Economic Modelling, Elsevier, vol. 24(3), pages 365-379, May.
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    232. Alejandro Riaño, 2010. "The Decision to Export and the Volatility of Sales," Discussion Papers 10/12, University of Nottingham, GEP.
    233. Velimir Šonje & Boris Vujčić, 1999. "Croatia In the Second Stage of Transition 1994–1999," Working Papers 1, The Croatian National Bank, Croatia.
    234. Pedro Marcelo Oviedo, 2004. "Macroeconomic risk and banking crises in emerging market countries: business fluctuations with financial crashes," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    235. Rafiq, M.S., 2011. "The optimality of a gulf currency union: Commonalities and idiosyncrasies," Economic Modelling, Elsevier, vol. 28(1), pages 728-740.
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    237. Nicolas Ponty, 2005. "Un modèle MAcroDYNamique des économies des pays membres de l’UEMOA : MADYN," Documents de travail 118, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.

  59. Mr. Hamid Faruqee & Mr. Douglas Laxton & Mr. Bart Turtelboom & Mr. Peter Isard & Mr. Eswar S Prasad, 1998. "Multimod Mark III: The Core Dynamic and Steady State Model," IMF Occasional Papers 1998/010, International Monetary Fund.

    Cited by:

    1. Aye, Goodness C. & Dadam, Vincent & Gupta, Rangan & Mamba, Bonginkosi, 2014. "Oil price uncertainty and manufacturing production," Energy Economics, Elsevier, vol. 43(C), pages 41-47.
    2. Hwee Kwan Chow, 2004. "A VAR Analysis of Singapore’s Monetary Transmission Mechanism," Working Papers 19-2004, Singapore Management University, School of Economics.
    3. Camille Logeay & Silke Tober, 2006. "Hysteresis And The Nairu In The Euro Area," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(4), pages 409-429, September.
    4. Denise Côté & John Kuszczak & Jean‐Paul Lam & Ying Liu & Pierre St‐Amant, 2004. "The performance and robustness of simple monetary policy rules in models of the Canadian economy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(4), pages 978-998, November.
    5. Olaf van 't Veer, 2006. "Solving large scale normalised rational expectations models," CPB Discussion Paper 54, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Alistair Dieppe & Jerome Henry & Peter Mc Adam, "undated". "Labour market dynamics in the euro area: A model-based sensitivity analysis," Modeling, Computing, and Mastering Complexity 2003 09, Society for Computational Economics.
    7. Berger, Johannes & Strohner, Ludwig, 2020. "Documentation of the PUblic Policy Model for Austria and other European countries (PUMA)," Research Papers 11, EcoAustria – Institute for Economic Research.
    8. Dieppe, Alistair & Henry, Jerome, 2004. "The euro area viewed as a single economy: how does it respond to shocks?," Economic Modelling, Elsevier, vol. 21(5), pages 833-875, September.
    9. Ngah Ntiga, Louis Henri, 2022. "Estimation Bayésienne d’un modèle DSGE des effets de la politique budgétaire sur l’économie camerounaise [Bayesian estimation of a DSGE model of the effects of fiscal policy on the Cameroonian econ," MPRA Paper 113929, University Library of Munich, Germany, revised Aug 2022.
    10. Ngah Ntiga, Louis Henri, 2022. "Estimation Bayésienne d’un modèle DSGE des effets de la politique budgétaire sur l’économie camerounaise," Dynare Working Papers 76, CEPREMAP.
    11. Fofana, Ismaél & Chitiga, Margaret & Mabugu, Ramos, 2009. "Oil prices and the South African economy: A macro-meso-micro analysis," Energy Policy, Elsevier, vol. 37(12), pages 5509-5518, December.
    12. Berend Hasselman, 2004. "An efficient method for detecting redundant feedback vertices," CPB Discussion Paper 29, CPB Netherlands Bureau for Economic Policy Analysis.

  60. Keane, Michael & Prasad, Eswar, 1998. "Consumption and Income Inequality in Poland During the Economic Transition," Working Papers 98-38, C.V. Starr Center for Applied Economics, New York University.

    Cited by:

    1. Kattuman, Paul & Redmond, Gerry, 2001. "Income Inequality in Early Transition: The Case of Hungary 1987-1996," Journal of Comparative Economics, Elsevier, vol. 29(1), pages 40-65, March.
    2. Keane, Michael P. & Prasad, Eswar, 2002. "Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland," IZA Discussion Papers 448, Institute of Labor Economics (IZA).
    3. Anderson, Kathryn & Pomfret, Richard, 2000. "Living Standards during Transition to a Market Economy: The Kyrgyz Republic in 1993 and 1996," Journal of Comparative Economics, Elsevier, vol. 28(3), pages 502-523, September.
    4. Okrasa,Wlodzimierz, 1999. "The dynamics of poverty and the effectiveness of Poland's safety net (1993-96)," Policy Research Working Paper Series 2221, The World Bank.
    5. Okrasa, Wlodzimierz, 1999. "Who avoids and who escapes from poverty during transition? - evidence from Polish panel data, 1993-96," Policy Research Working Paper Series 2218, The World Bank.
    6. Koziel, Slawomir & Welon, Zygmunt & Bielicki, Tadeusz & Szklarska, Alicja & Ulijaszek, Stanley, 2004. "The effect of the economic transition on the body mass index of conscripts in Poland," Economics & Human Biology, Elsevier, vol. 2(1), pages 97-106, March.
    7. Klepacki, Bogdan & Perkowska, Aleksandra, 2020. "Organization Of Food Supply Chains In Dispersed Production On The Example Of The Vegetable Sector In Poland," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2020(1).
    8. Ran Abramitzky & Travis Baseler & Isabelle Sin, 2022. "How does persecution affect who migrates? We analyze migrants’ self-selection out of the USSR and its satellite states before and after the collapse of Communism using census microdata from the three ," Working Papers 22_07, Motu Economic and Public Policy Research.
    9. Ulijaszek, Stanley J. & Koziel, Slawomir, 2007. "Nutrition transition and dietary energy availability in Eastern Europe after the collapse of communism," Economics & Human Biology, Elsevier, vol. 5(3), pages 359-369, December.

  61. Mr. Eswar S Prasad & Ms. Francesca Utili, 1998. "The Italian Labor Market: Stylized Facts, Institutions, and Directions for Reform," IMF Working Papers 1998/042, International Monetary Fund.

    Cited by:

    1. Daniele Checchi & Laura Pagani, 2005. "The effects of unions on wage inequality. The Italian case in the 1990s," Politica economica, Società editrice il Mulino, issue 1, pages 43-70.
    2. Maria Francesca Cracolici & Miranda Cuffaro & Peter Nijkamp, 2007. "Geographical Distribution of Unemployment: An Analysis of Provincial Differences in Italy," Tinbergen Institute Discussion Papers 07-065/3, Tinbergen Institute.
    3. Loïc Cadiou & Stéphanie Guichard & Mathilde Maurel, 2000. "Disparités institutionnelles et flexibilité des marchés du travail dans l'UE," Post-Print halshs-00468779, HAL.
    4. Hans-Werner Sinn & Frank Westermann, 2001. "Two Mezzogiornos," NBER Working Papers 8125, National Bureau of Economic Research, Inc.
    5. Roberto Basile & Alessandro Girardi & Marianna Mantuano & Giuseppe Russo, 2016. "Interregional Migration, Human Capital Externalities and Unemployment Dynamics: Evidence from Italian Provinces," CSEF Working Papers 460, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    6. Padoa Schioppa, Fiorella Kostoris & Basile, Roberto, 2002. "Unemployment Dynamics of the 'Mezzogiornos of Europe': Lessons for the Mezzogiorno of Italy," CEPR Discussion Papers 3594, C.E.P.R. Discussion Papers.
    7. Maria Cracolici & Miranda Cuffaro & Peter Nijkamp, 2009. "A spatial analysis on Italian unemployment differences," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 18(2), pages 275-291, July.
    8. Loïc Cadiou & Stéphanie Guichard, 1999. "Marchés du travail en Europe : Quelles conséquences pour l'Union Monétaire," Working Papers 1999-10, CEPII research center.
    9. Francesco Pastore & Izabela Marcinkowska, 2004. "The Gender Wage Gap Among Young People in Italy," CELPE Discussion Papers 82, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.

  62. Robin L. Lumsdaine & Eswar S. Prasad, 1997. "Identifying the Common Component in International Economic Fluctuations," NBER Working Papers 5984, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mike Artis & Hans-Martin Krolzig & Juan Toro, 2002. "The European Business Cycle," Economic Working Papers at Centro de Estudios Andaluces E2002/19, Centro de Estudios Andaluces.
    2. Zsolt Darvas & György Szapáry, 2008. "Business Cycle Synchronization in the Enlarged EU," Open Economies Review, Springer, vol. 19(1), pages 1-19, February.
    3. Mario Forno & Marco Lippi & Lucrezia Reichlin & Filippo Altissimo & Antonio Bassanetti, 2003. "Eurocoin: A Real Time Coincident Indicator Of The Euro Area Business Cycle," Computing in Economics and Finance 2003 242, Society for Computational Economics.
    4. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2003. "How Does Globalization Affect the Synchronization of Business Cycles?," American Economic Review, American Economic Association, vol. 93(2), pages 57-62, May.
    5. Mihir A. Desai & C. Fritz Foley, 2004. "The Comovement of Returns and Investment Within the Multinational Firm," NBER Working Papers 10785, National Bureau of Economic Research, Inc.
    6. Yin-Wong Cheung & Frank Westermann, 1999. "Output Dynamics of the G7 Countries - Stochastic Trends and Cyclical Movements," CESifo Working Paper Series 220, CESifo.
    7. Moneta, Fabio & Rüffer, Rasmus, 2006. "Business cycle synchronisation in East Asia," Working Paper Series 671, European Central Bank.
    8. Marc Giannoni & Jean Boivin, 2008. "Global Forces and Monetary Policy Effectiveness," 2008 Meeting Papers 1067, Society for Economic Dynamics.
    9. Imbs, Jean, 1999. "Co-Fluctuations," CEPR Discussion Papers 2267, C.E.P.R. Discussion Papers.
    10. Alain Hecq & Franz Palm & Jean-Pierre Urbain, 2000. "Testing for Common Cyclical Features in Nonstationary Panel Data Models," CESifo Working Paper Series 248, CESifo.
    11. Rui Albuquerque & Gregory Bauer & Martin Schneider, 2004. "Characterizing Asymmetric Information in International Equity Markets," International Finance 0405005, University Library of Munich, Germany.
    12. Hans-Martin Krolzig & Juan Toro, 2004. "Classical and modern business cycle measurement: The European case," Spanish Economic Review, Springer;Spanish Economic Association, vol. 7(1), pages 1-21, January.
    13. Grace H.Y. Lee, 2009. "Aggregate Shocks Decomposition For Eight East Asian Countries," Monash Economics Working Papers 17-09, Monash University, Department of Economics.
    14. Amado Peiró, 2000. "Economic Comovements In European Countries," Working Papers. Serie EC 2000-19, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    15. M. Ayhan Kose & Guy M. Meredith & Christopher M. Towe, 2005. "How Has NAFTA Affected the Mexican Economy? Review and Evidence," Springer Books, in: Rolf J. Langhammer & Lúcio Vinhas Souza (ed.), Monetary Policy and Macroeconomic Stabilization in Latin America, pages 35-81, Springer.
    16. Mr. Nadeem Ilahi & Riham Shendy, 2008. "Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows," IMF Working Papers 2008/167, International Monetary Fund.
    17. Eickmeier, Sandra, 2004. "Business Cycle Transmission from the US to Germany: a Structural Factor Approach," Discussion Paper Series 1: Economic Studies 2004,12, Deutsche Bundesbank.
    18. Zsolt Darvas & Andrew K. Rose & György Szapáry, 2005. "Fiscal Divergence and Business Cycle Synchronization: Irresponsibility is Idiosyncratic," NBER Working Papers 11580, National Bureau of Economic Research, Inc.
    19. M. Ayhan Kose & Christopher Otrok & Charles H. Whiteman, 2003. "International Business Cycles: World, Region, and Country-Specific Factors," American Economic Review, American Economic Association, vol. 93(4), pages 1216-1239, September.
    20. Yin-Wong Cheung, 2000. "Hong Kong Output Dynamics: An Empirical Analysis," Working Papers 112000, Hong Kong Institute for Monetary Research.
    21. Marianne Baxter & Michael A. Kouparitsas, 2004. "Determinants of Business Cycle Comovement: A Robust Analysis," NBER Working Papers 10725, National Bureau of Economic Research, Inc.
    22. Canova, Fabio & Ciccarelli, Matteo & Ortega, Eva, 2007. "Similarities and convergence in G-7 cycles," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 850-878, April.
    23. Ilias Lekkos & Costas Milas & Theodore Panagiotidis, 2005. "On the predictability of common risk factors in the US and UK interest rate swap markets:Evidence from non-linear and linear models," Keele Economics Research Papers KERP 2005/13, Centre for Economic Research, Keele University.
    24. Michael D. Bordo & Thomas Helbling, 2003. "Have National Business Cycles Become More Synchronized?," NBER Working Papers 10130, National Bureau of Economic Research, Inc.
    25. Eiriksson, Agust A., 2011. "The saving-investment correlation and origins of productivity shocks," Japan and the World Economy, Elsevier, vol. 23(1), pages 40-47, January.
    26. Ferdinand Fichtner, 2003. "Germany and the European Business Cycle - An Analysis of Causal Relations in an International Real Business Cycle Model," IWP Discussion Paper Series 01/2003, Institute for Economic Policy, Cologne, Germany.
    27. Zsolt Darvas & György Szapáry, 2004. "Business Cycle Synchronisation in the Enlarged EU: Comovements in the New and Old Members," MNB Working Papers 2004/1, Magyar Nemzeti Bank (Central Bank of Hungary).
    28. Michael J. Dueker & Katrin Wesche, 2001. "European business cycles: new indices and analysis of their synchronicity," Working Papers 1999-019, Federal Reserve Bank of St. Louis.
    29. Ilias Lekkos & Costas Milas & Theodore Panagiotidis, 2007. "Forecasting interest rate swap spreads using domestic and international risk factors: evidence from linear and non-linear models," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 26(8), pages 601-619.
    30. Mr. C. John McDermott & Mr. Eswar S Prasad & Pierre-Richard Agénor, 1999. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts," IMF Working Papers 1999/035, International Monetary Fund.
    31. Mr. Ayhan Kose & Mr. Marco Terrones & Mr. Eswar S Prasad, 2003. "Volatility and Comovement in a Globalized World Economy: An Empirical Exploration," IMF Working Papers 2003/246, International Monetary Fund.
    32. Harry Flam, 2003. "Turkey and the EU: Politics and Economics of Accession," CESifo Working Paper Series 893, CESifo.
    33. Amado Peiró, 2002. "Macroeconomic Synchronization Between G3 Countries," Working Papers. Serie EC 2002-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    34. Alejandro Justiniano, 2004. "Sources and Propagation Mechanims of Foreign Disturbances in Small Open Economies: A Dynamic Factor Analysis," Econometric Society 2004 Latin American Meetings 148, Econometric Society.
    35. Kwark, Noh-Sun, 1999. "Sources of international business fluctuations: Country-specific shocks or worldwide shocks?," Journal of International Economics, Elsevier, vol. 48(2), pages 367-385, August.
    36. Mr. Ashoka Mody & Ms. Franziska L Ohnsorge, 2007. "Can Domestic Policies Influence Inflation?," IMF Working Papers 2007/257, International Monetary Fund.
    37. Ayhan Kose, M. & Otrok, Christopher & Whiteman, Charles H., 2008. "Understanding the evolution of world business cycles," Journal of International Economics, Elsevier, vol. 75(1), pages 110-130, May.
    38. Amado Peiró, 2002. "Macroeconomic Synchronization Between G3 Countries," German Economic Review, Verein für Socialpolitik, vol. 3(2), pages 137-153, May.
    39. Torben M. Andersen, "undated". "International Integration and the Welfare State," Economics Working Papers 2002-2, Department of Economics and Business Economics, Aarhus University.
    40. Darvas, Zsolt & Szapáry, György, 2004. "Konjunktúraciklusok együttmozgása a régi és új EU-tagországokban [Business cycle harmonization in new and old EU member-states]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 415-448.
    41. Darvas, Zsolt & Szapáry, György & Rose, Andrew K., 2005. "A fiskális divergencia és a konjunktúraciklusok együttmozgása - a felelőtlen fiskális politika az aszimmetrikus sokkok forrása [Fiscal divergence and business cycle synchronization: irresponsibilit," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 937-959.

  63. Mr. Eswar S Prasad & Mr. Jeffery A. Gable, 1997. "International Evidenceon the Determinants of Trade Dynamics," IMF Working Papers 1997/172, International Monetary Fund.

    Cited by:

    1. Michele Peruzzi & Alessio Terzi, 2018. "Growth Accelerations Strategies," CID Working Papers 91a, Center for International Development at Harvard University.
    2. Hyeon-seung Huh & David Kim & Won Joong Kim & Cyn-Young Park, 2013. "A Factor-augmented VAR Analysis of Business Cycle Synchronization in East Asia and Implications for a Regional Currency Union," Working papers 2013rwp-58, Yonsei University, Yonsei Economics Research Institute.
    3. Peter Egger, 2000. "Teilprojekt 4: Bilaterale Wirtschaftsbeziehungen zwischen der EU und ausgewählten mittel- und osteuropäischen Ländern (MOEL): Entwicklungen der letzten Jahre und Versuch einer Prognose," WIFO Studies, WIFO, number 19262, July.
    4. José García-Solanes & Jesús Rodríguez López & José Luis Torres Chacón, 2007. "Demand Shocks and Trade Balance Dynamics," Working Papers 07.10, Universidad Pablo de Olavide, Department of Economics.
    5. Ivrendi, Mehmet & Guloglu, Bulent, 2010. "Monetary shocks, exchange rates and trade balances: Evidence from inflation targeting countries," Economic Modelling, Elsevier, vol. 27(5), pages 1144-1155, September.
    6. Skriner, Edith, 2007. "Forecasting Global Flows," Economics Series 214, Institute for Advanced Studies.
    7. Peter Egger, 2000. "The Impact of EU Accession of Selected CEECs on Bilateral Economic Relations with the EU. A Dynamic Gravity Approach," Austrian Economic Quarterly, WIFO, vol. 5(3), pages 135-143, July.
    8. Massimo Giuliodori, "undated". "The Empirical Relevance of a basic sticky-price intertemporal model," Working Papers 2001_17, Business School - Economics, University of Glasgow.
    9. Peruzzi, Michele & Terzi, Alessio, 2021. "Accelerating Economic Growth: The Science beneath the Art," Economic Modelling, Elsevier, vol. 103(C).
    10. Fisher, L. A. & Huh, H-S., 2002. "Real exchange rates, trade balances and nominal shocks: evidence for the G-7," Journal of International Money and Finance, Elsevier, vol. 21(4), pages 497-518, August.
    11. Montalbano, Pierluigi, 2011. "Trade Openness and Developing Countries' Vulnerability: Concepts, Misconceptions, and Directions for Research," World Development, Elsevier, vol. 39(9), pages 1489-1502, September.
    12. Huh, Hyeon-seung & Kim, David & Kim, Won Joong & Park, Cyn-Young, 2013. "A Factor-Augmented Vector Autoregression Analysis of Business Cycle Synchronization in East Asia and Implications for a Regional Currency Union," ADB Economics Working Paper Series 385, Asian Development Bank.
    13. Gabe de Bondt & Philip Vermeulen, 2021. "Business cycle duration dependence and foreign recessions," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 1-19, February.
    14. Mr. C. John McDermott & Mr. Eswar S Prasad & Pierre-Richard Agénor, 1999. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts," IMF Working Papers 1999/035, International Monetary Fund.
    15. Mthuli Ncube & Eliphas Ndou, 2013. "Working Paper 169 - Monetary Policy and Exchange Rate Shocks on South African Trade Balance," Working Paper Series 448, African Development Bank.
    16. Kunofiwa Tsaurai, 2021. "Determinants of Trade Openness in Transitional Economies: Does the Complementarity between Foreign Direct Investment and Human Capital Development Matter?," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 318-330.
    17. Hyeon-seung Huh & Won Soon Kwon, 2015. "Sources of Fluctuations in the Real Exchange Rates and Trade Balances of the G-7: A Sign Restriction VAR Approach," Review of International Economics, Wiley Blackwell, vol. 23(4), pages 715-737, September.
    18. Fabrizio Erbetta & Luca Agnello, 2001. "The martingales: theoretical and empirical characteristics," CERIS Working Paper 200107, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    19. Luigi Bocola, 2006. "Trade and Business-Cycle Comovement: Evidence from the EU," Rivista di Politica Economica, SIPI Spa, vol. 96(6), pages 25-62, November-.
    20. Giovanna Segre, 2000. "Foreign Direct Investment and Trade in the EU: Are They Complementary or Substitute in Business Cycles Fluctuations?," CERIS Working Paper 200007, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.

  64. Mr. Douglas Laxton & Mr. Eswar S Prasad, 1997. "Possible Effects of European Monetary Union on Switzerland: A Case Study of Policy Dilemmas Caused by Low Inflation and the Nominal Interest Rate Floor," IMF Working Papers 1997/023, International Monetary Fund.

    Cited by:

    1. Coenen, Günter & Wieland, Volker, 2004. "Exchange-rate policy and the zero bound on nominal interest rates," Working Paper Series 350, European Central Bank.
    2. Coenen, Gunter & Wieland, Volker, 2003. "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Journal of Monetary Economics, Elsevier, vol. 50(5), pages 1071-1101, July.
    3. Orphanides, Athanasios & Wieland, Volker & Coenen, Günter, 2003. "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Working Paper Series 231, European Central Bank.
    4. Benjamin Hunt & Douglas Laxton, 2004. "The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan," National Institute Economic Review, National Institute of Economic and Social Research, vol. 187(1), pages 76-92, January.
    5. Patricia S. Pollard, 2001. "The creation of the Euro and the role of the dollar in international markets," Review, Federal Reserve Bank of St. Louis, vol. 83(May), pages 17-36.
    6. Robert N. McCauley, 1997. "The euro and the dollar," BIS Working Papers 50, Bank for International Settlements.
    7. Wieland, Volker & Coenen, Günter, 2004. "Exchange-rate policy and the zero bound on nominal interest," CFS Working Paper Series 2004/14, Center for Financial Studies (CFS).
    8. Coenen, Guenter & Wieland, Volker, 2003. "The Zero-Interest-Rate and the Role of the Exchange Rate for Monetary Policy in Japan," CFS Working Paper Series 2003/09, Center for Financial Studies (CFS).
    9. Peter A. Tinsley, 1998. "Short rate expectations, term premiums, and central bank use of derivatives to reduce policy uncertainty," Finance and Economics Discussion Series 1999-14, Board of Governors of the Federal Reserve System (U.S.).

  65. Mr. Alun H. Thomas & Mr. Eswar S Prasad, 1997. "Labor Market Adjustment in Canada and the United States," IMF Working Papers 1997/002, International Monetary Fund.

    Cited by:

    1. Eswar Prasad & Alun Thomas, 1998. "A disaggregated analysis of employment growth fluctuations in Canada," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(3), pages 274-287, September.
    2. Mario Lefebvre, 1997. "Les marchés du travail régionaux : une comparaison entre le Canada et les États-Unis," Staff Working Papers 97-17, Bank of Canada.

  66. Mr. Eswar S Prasad & Mr. Tamim Bayoumi, 1996. "Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence," IMF Working Papers 1996/081, International Monetary Fund.

    Cited by:

    1. Mike Artis & Hans-Martin Krolzig & Juan Toro, 2002. "The European Business Cycle," Economic Working Papers at Centro de Estudios Andaluces E2002/19, Centro de Estudios Andaluces.
    2. Marelli, Enrico, 1999. "Convergence and asymmetries in the employment dynamics of the European regions," ERSA conference papers ersa99pa120, European Regional Science Association.
    3. Robin L. Lumsdaine & Mr. Eswar S Prasad, 1999. "Identifying the Common Component in International Economic Fluctuations: A New Approach," IMF Working Papers 1999/154, International Monetary Fund.
    4. Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2007. "Vulnerability to Shocks in EMU: 1991–2004 (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(5-6), pages 225-234, August.
    5. Clark, Todd E. & van Wincoop, Eric, 2001. "Borders and business cycles," Journal of International Economics, Elsevier, vol. 55(1), pages 59-85, October.
    6. J.M.C. Santos Silva & Silvana Tenreyro, 2010. "Currency Unions in Prospect and Retrospect," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 51-74, September.
    7. Ricci, Luca Antonio, 2007. "A Model of an Optimum Currency Area," Economics Discussion Papers 2007-45, Kiel Institute for the World Economy (IfW Kiel).
    8. Peter B. Kenen, 2000. "Currency Areas, Policy Domains, and the Institutionalization of Fixed Exchange Rates," CEP Discussion Papers dp0467, Centre for Economic Performance, LSE.
    9. Carlino, Gerald A. & DeFina, Robert H. & Sill, Keith, 2001. "Sectoral Shocks and Metropolitan Employment Growth," Journal of Urban Economics, Elsevier, vol. 50(3), pages 396-417, November.
    10. Aksoy, Yunus & De Grauwe, Paul & Dewachter, Hans, 2002. "Do asymmetries matter for European monetary policy?," European Economic Review, Elsevier, vol. 46(3), pages 443-469, March.
    11. Ramos, Raul & Clar, Miquel & Surinach, Jordi, 2003. "National versus sectoral shocks: new evidence for the manufacturing sector in European countries," Economics Letters, Elsevier, vol. 78(2), pages 241-245, February.
    12. Raymond Fisman & Inessa Love, 2003. "Financial Dependence and Growth Revisited," NBER Working Papers 9582, National Bureau of Economic Research, Inc.
    13. Raúl Ramos & Miquel Clar & Jordi Suriñach, 1999. "Specialisation in Europe and Asymmetric Shocks: Potential Risks of EMU," Advances in Spatial Science, in: Manfred M. Fischer & Peter Nijkamp (ed.), Spatial Dynamics of European Integration, chapter 4, pages 63-93, Springer.
    14. Grace H.Y. Lee, 2009. "Aggregate Shocks Decomposition For Eight East Asian Countries," Monash Economics Working Papers 17-09, Monash University, Department of Economics.
    15. Salvador Barrios & Marius Brülhart & Robert J.R. Elliott & Marianne Sensier, 2003. "A Tale of Two Cycles: Co‐Fluctuations Between UK Regions and the Euro Zone," Manchester School, University of Manchester, vol. 71(3), pages 265-292, June.
    16. Marc-Alexandre Sénégas, 2010. "La théorie des zones monétaires optimales au regard de l'euro : Quels enseignements après dix années d'union économique et monétaire en Europe ?," Revue d'économie politique, Dalloz, vol. 120(2), pages 379-419.
    17. Joanna Tyrowicz, 2009. "When Eastern Labour Markets Enter Western Europe CEECs. Labour Market Institutions upon Euro Zone Accession," Working Papers 2009-03, Faculty of Economic Sciences, University of Warsaw.
    18. Afonso, António & Furceri, Davide, 2008. "EMU enlargement, stabilization costs and insurance mechanisms," Journal of International Money and Finance, Elsevier, vol. 27(2), pages 169-187, March.
    19. Rokas Bancevičius, 2011. "New EU member states and the Euro: economic readiness, benefits and costs," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 38(4), pages 461-480, November.
    20. Pedro, Gomis-Porqueras & Cathy, Zhang, 2018. "Optimal Monetary and Fiscal Policy with Migration in a Currency Union," MPRA Paper 83754, University Library of Munich, Germany.
    21. Luciano Gutierrez, 2003. "Common and idiosyncratic shocks to labor productivity across sectors and countries: Is climate relevant?," Macroeconomics 0311008, University Library of Munich, Germany.
    22. Afonso, António & Furceri, Davide, 2007. "Business cycle synchronization and insurance mechanisms in the EU," Working Paper Series 844, European Central Bank.
    23. Marco Leonardi, 1997. "Regional Adjustment to Employment Shocks: Italy 1960-1994," Working Papers 16, University of Milano-Bicocca, Department of Economics, revised Sep 1998.
    24. Fisman, Raymond & Love, Inessa, 2002. "Patterns of industrial development revisted : the role of finance," Policy Research Working Paper Series 2877, The World Bank.
    25. Gerardo Licandro, 2000. "Is Mercosur an Optimal Currency Area? A shock correlation perspective," Documentos de trabajo 2000004, Banco Central del Uruguay.
    26. Kinnunen, Helvi, 1998. "The sources of output shocks in Finland and other EU countries," Bank of Finland Research Discussion Papers 3/1998, Bank of Finland.
    27. Francis Greene & Kevin Mole, 2004. "Tracking Euro preparations amongst UK SMEs," Applied Economics, Taylor & Francis Journals, vol. 36(14), pages 1537-1546.
    28. Robin L. Lumsdaine & Eswar S. Prasad, 1997. "Identifying the Common Component in International Economic Fluctuations," NBER Working Papers 5984, National Bureau of Economic Research, Inc.
    29. Gerald A. Carlino, 2003. "A confluence of events? explaining fluctuations in local employment," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 6-12.
    30. Buscher, Herbert S., 1999. "Business Cycles in EU Member States," ZEW Discussion Papers 99-16, ZEW - Leibniz Centre for European Economic Research.
    31. Carmen Díaz-Roldán & Oscar Bajo-Rubio, "undated". "Vulnerability to Shocks in EMU: 1991-2004," Working Papers on International Economics and Finance 05-08, FEDEA.
    32. Raymond Fisman & Inessa Love, 2003. "Financial Development and the Composition of Industrial Growth," NBER Working Papers 9583, National Bureau of Economic Research, Inc.
    33. Xu, Xinpeng, 2002. "Have the Chinese provinces become integrated under reform?," China Economic Review, Elsevier, vol. 13(2-3), pages 116-133.
    34. Van Els, Peter & Peeters, Marga, 1999. "De baten van een gemeenschappelijke Europese munt [The benefits of a common European currency]," MPRA Paper 28714, University Library of Munich, Germany.
    35. Markus Knell, 2004. "The Role of Revaluation and Adjustment Factors in Pay-As-You-Go Pension Systems," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 55-71.
    36. Hochreiter, Eduard & Siklos, Pierre L., 2002. "Alternative exchange-rate regimes: The options for Latin America," The North American Journal of Economics and Finance, Elsevier, vol. 13(3), pages 195-211, December.

  67. Mr. Eswar S Prasad & Mr. Bankim Chadha, 1996. "Real Exchange Rate Fluctuations and the Business Cycle: Evidence From Japan," IMF Working Papers 1996/132, International Monetary Fund.

    Cited by:

    1. Katie Farrant & Gert Peersman, 2005. "Accounting for the source of exchange rate movements: new evidence," Bank of England working papers 269, Bank of England.
    2. Khuram Shafi & Liu Hua & Amna Nazeer & Zahra Idrees, 2015. "Behavior of Exchange Rate Volatility: Once Again in Action," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(1), pages 270-276, January.
    3. Céline Gauthier & David Tessier, 2002. "Supply Shocks and Real Exchange Rate Dynamics: Canadian Evidence," Staff Working Papers 02-31, Bank of Canada.
    4. Gehrke, Britta & Yao, Fang, 2016. "Persistence and Volatility of Real Exchange Rates: The Role of Supply Shocks Revisited," VfS Annual Conference 2016 (Augsburg): Demographic Change 145752, Verein für Socialpolitik / German Economic Association.
    5. Narayan, Paresh Kumar, 2008. "Estimating exchange rate responsiveness to shocks," Review of Financial Economics, Elsevier, vol. 17(4), pages 338-351, December.
    6. Rimgailaite, Ramune, 2012. "Exchange rate modelling for Lithuania and Switzerland," MPRA Paper 43451, University Library of Munich, Germany.
    7. Ibrahim K. Sule and Mohammed Shuaibu, 2020. "Current Account Behavior, Real Exchange Rate Adjustment and Relative Output in Nigeria," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(3), pages 77-99, September.
    8. Imed Drine & Christophe Rault, 2009. "Une analyse économétrique des sources de fluctuations du taux de change réel dans trois pays en développement. Le cas du Maroc, des Philippines et de l'Uruguay," Revue économique, Presses de Sciences-Po, vol. 60(6), pages 1421-1453.
    9. Paresh Kumar Narayan, 2008. "Estimating exchange rate responsiveness to shocks," Review of Financial Economics, John Wiley & Sons, vol. 17(4), pages 338-351, December.
    10. Rafiq, Sohrab, 2013. "Sources of time-varying trade balance and real exchange rate dynamics in East Asia," Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 117-141.
    11. Frank Smets, 1997. "Financial asset prices and monetary policy: theory and evidence," BIS Working Papers 47, Bank for International Settlements.
    12. José García-Solanes & Jesús Rodríguez López & José Luis Torres Chacón, 2007. "Demand Shocks and Trade Balance Dynamics," Working Papers 07.10, Universidad Pablo de Olavide, Department of Economics.
    13. Dimitrios Malliaropulos & Ekaterini Panopoulou & Theologos Pantelidis & Nikitas Pittis, 2013. "Decomposing the persistence of real exchange rates," Empirical Economics, Springer, vol. 44(3), pages 1217-1242, June.
    14. Gehrke, Britta & Yao, Fang, 2014. "Phillips curve shocks and real exchange rate fluctuations: SVAR evidence," FAU Discussion Papers in Economics 11/2014, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    15. Agnieszka Stazka, 2006. "Sources of Real Exchange Rate Fluctuations in Central and Eastern Europe – Temporary or Permanent?," CESifo Working Paper Series 1876, CESifo.
    16. Siwei Goo & Reza Siregar, 2009. "Economic Shocks And Exchange Rate As A Shock Absorber In Indonesia And Thailand," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp72, April.
    17. Nadenichek, Jon, 2000. "The Japan-US trade imbalance: a real business cycle perspective," Japan and the World Economy, Elsevier, vol. 12(3), pages 255-271, September.
    18. Beckmann, Joscha & Breitenlechner, Max & Scharler, Johann, 2024. "Is the exchange rate a shock absorber? The shocks matter," International Review of Economics & Finance, Elsevier, vol. 89(PB), pages 114-130.
    19. Gehrke, Britta & Yao, Fang, 2013. "Sources of Real Exchange Rate Fluctuations: The Role of Supply Shocks Revisited," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79821, Verein für Socialpolitik / German Economic Association.
    20. Gehrke, Britta & Yao, Fang, 2017. "Are supply shocks important for real exchange rates? A fresh view from the frequency-domain," Journal of International Money and Finance, Elsevier, vol. 79(C), pages 99-114.
    21. Alexius, Annika, 2005. "Productivity shocks and real exchange rates," Journal of Monetary Economics, Elsevier, vol. 52(3), pages 555-566, April.
    22. Hyeon-seung Huh & Won Soon Kwon, 2015. "Sources of Fluctuations in the Real Exchange Rates and Trade Balances of the G-7: A Sign Restriction VAR Approach," Review of International Economics, Wiley Blackwell, vol. 23(4), pages 715-737, September.
    23. Wang, Tao, 2005. "Sources of real exchange rate fluctuations in China," Journal of Comparative Economics, Elsevier, vol. 33(4), pages 753-771, December.
    24. Ms. Tao Wang, 2004. "China: Sources of Real Exchange Rate Fluctuations," IMF Working Papers 2004/018, International Monetary Fund.
    25. Meng, Xiangcai & Huang, Chia-Hsing, 2016. "Nonlinear models for the sources of real effective exchange rate fluctuations: Evidence from the Republic of Korea," Japan and the World Economy, Elsevier, vol. 40(C), pages 21-30.
    26. Biswajit Maitra, 2016. "Monetary, Real Shocks And Exchange Rate Variations In India," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 41(1), pages 81-103, March.
    27. Alexius, Annika, 2000. "Supply Shocks and Real Exchange Rates," Working Paper Series 117, Sveriges Riksbank (Central Bank of Sweden).

  68. Mr. Michael P. Keane & Mr. Eswar S Prasad, 1995. "The Employment and Wage Effects of Oil Price Changes: A Sectoral Analysis," IMF Working Papers 1995/037, International Monetary Fund.

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    1. Matthias Kehrig & Nicolas L. Ziebarth, 2017. "The Effects of the Real Oil Price on Regional Wage Dispersion," CESifo Working Paper Series 6408, CESifo.
    2. Rafiq, Shudhasattwa & Sgro, Pasquale & Apergis, Nicholas, 2016. "Asymmetric oil shocks and external balances of major oil exporting and importing countries," Energy Economics, Elsevier, vol. 56(C), pages 42-50.
    3. Michieka, Nyakundi M. & Gearhart, Richard, 2015. "Oil price fluctuations and employment in Kern County: A Vector Error Correction approach," Energy Policy, Elsevier, vol. 87(C), pages 584-590.
    4. Somayeh Mardaneh, 2012. "How Do Oil Shocks A¤ect the Structural Stability of Hybrid New Keynesian Phillips Curve?," Discussion Papers in Economics 12/20, Division of Economics, School of Business, University of Leicester.
    5. Yeh, Fang-Yu & Hu, Jin-Li & Lin, Cheng-Hsun, 2012. "Asymmetric impacts of international energy shocks on macroeconomic activities," Energy Policy, Elsevier, vol. 44(C), pages 10-22.
    6. Stephen Tapp, 2011. "Lost in transition: the costs and consequences of sectoral labour adjustment," Canadian Journal of Economics, Canadian Economics Association, vol. 44(4), pages 1264-1296, November.
    7. Xinheng Liu & Shuxian Li & Chengbo Fu & Xu Gong & Chen Fan, 2024. "The oil price plummeted in 2014–2015: Is there an effect on Chinese firms' labour investment?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 943-960, January.
    8. Kemp-Benedict, Eric, 2013. "Resource Return on Investment under Markup Pricing," MPRA Paper 49154, University Library of Munich, Germany.
    9. Wesselbaum, Dennis, 2011. "Sector-specific productivity shocks in a matching model," Economic Modelling, Elsevier, vol. 28(6), pages 2674-2682.
    10. Kirchberger, Martina, 2017. "Natural disasters and labor markets," Journal of Development Economics, Elsevier, vol. 125(C), pages 40-58.
    11. Dimitrios Bakas & Theodore Panagiotidis & Gianluigi Pelloni, 2023. "Labor Reallocation and Unemployment Fluctuations: A Tale of Two Tails," Working Paper series 23-07, Rimini Centre for Economic Analysis.
    12. Jha, Shikha & Quising, Pilipinas & Camingue, Shiela, 2009. "Macroeconomic Uncertainties, Oil Subsidies, and Fiscal Sustainability in Asia," ADB Economics Working Paper Series 150, Asian Development Bank.
    13. Castro, César & Jiménez-Rodríguez, Rebeca, 2016. "Oil price pass-through along the price chain in the euro area," MPRA Paper 70227, University Library of Munich, Germany.
    14. Francçois Lescaroux, 2011. "The Oil Price-Microeconomy Relationship is Alive and Well," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 25-48.
    15. Ying Fan & Jian-Ling Jiao & Qiao-Mei Liang & Zhi-Yong Han & Yi-Ming Wei, 2007. "The impact of rising international crude oil price on China's economy: an empirical analysis with CGE model," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 27(4), pages 404-424.
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    17. Narayan, Paresh Kumar & Sharma, Susan Sunila, 2014. "Firm return volatility and economic gains: The role of oil prices," Economic Modelling, Elsevier, vol. 38(C), pages 142-151.
    18. Chen, Natalie & Graham, Liam & Oswald, Andrew J, 2007. "Oil Prices, Profits, and Recessions : An Inquiry Using Terrorism as an Instrumental Variable," The Warwick Economics Research Paper Series (TWERPS) 809, University of Warwick, Department of Economics.
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    21. Donald W. Jones & Paul N. Leiby & Inja K. Paik, 2004. "Oil Price Shocks and the Macroeconomy: What Has Been Learned Since 1996," The Energy Journal, , vol. 25(2), pages 1-32, April.
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    24. Abdulmohsen Alfalih, Abdullah & Bel Hadj, Tarek, 2021. "Asymmetric effects of foreign direct investment on employment in an oil producing country: Do human capital, institutions and oil rents matter?," Resources Policy, Elsevier, vol. 70(C).
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    26. Panagiotis Palaios & Evangelia Papapetrou, 2022. "Oil prices, labour market adjustment and dynamic quantile connectedness analysis: evidence from Greece during the crisis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-21, December.
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    34. Ewing, Bradley T. & Thompson, Mark A., 2007. "Dynamic cyclical comovements of oil prices with industrial production, consumer prices, unemployment, and stock prices," Energy Policy, Elsevier, vol. 35(11), pages 5535-5540, November.
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    36. Pollitt, M G., 2023. "Energy Markets Under Stress: Some Reflections on Lessons From the Energy Crisis in Europe," Cambridge Working Papers in Economics 2350, Faculty of Economics, University of Cambridge.
    37. Koirala, Niraj Prasad & Ma, Xiaohan, 2020. "Oil price uncertainty and U.S. employment growth," Energy Economics, Elsevier, vol. 91(C).
    38. Brock Blomberg & Gregory Hess & J. Hunter Jackson, 2009. "Terrorism And The Returns To Oil," Economics and Politics, Wiley Blackwell, vol. 21(3), pages 409-432, November.
    39. Carruth,a. & Hooker, N. & Oswald,A., 1997. "Unemployment Equilibria and Input Prices: Theory and Evidence from the United States," Papers 22, Centre for Economic Performance & Institute of Economics.
    40. Lescaroux, François, 2008. "Une revue interprétée des élasticités entre le PIB et le prix du pétrole," L'Actualité Economique, Société Canadienne de Science Economique, vol. 84(4), pages 415-447, Décembre.
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    43. O. Felix Ayadi, 2005. "Oil price fluctuations and the Nigerian economy," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 29(3), pages 199-217, September.
    44. Malik, Farooq & Nasereddin, Mahdi, 2006. "Forecasting output using oil prices: A cascaded artificial neural network approach," Journal of Economics and Business, Elsevier, vol. 58(2), pages 168-180.
    45. Fardous Alom, 2014. "Oil Price-Macroeconomic Relationship in Australia and New Zealand: Application of a Hidden Cointegration Technique," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 6(2), pages 105-128, July.
    46. Rangan Gupta & Mampho P. Modise, 2013. "Does the Source of Oil Price Shocks Matter for South African Stock Returns? A Structural VAR Approach," Working Papers 201318, University of Pretoria, Department of Economics.
    47. Linnea Polgreen & Pedro Silos, 2006. "Crude substitution: the cyclical dynamics of oil prices and the college premium," FRB Atlanta Working Paper 2006-14, Federal Reserve Bank of Atlanta.
    48. François Lescaroux & Valérie Mignon, 2009. "Measuring The Effects Of Oil Prices On China'S Economy: A Factor‐Augmented Vector Autoregressive Approach," Pacific Economic Review, Wiley Blackwell, vol. 14(3), pages 410-425, August.
    49. Elyasiani, Elyas & Mansur, Iqbal & Odusami, Babatunde, 2011. "Oil price shocks and industry stock returns," Energy Economics, Elsevier, vol. 33(5), pages 966-974, September.
    50. Elyas Elyasiani & Iqbal Mansur & Babatunde Odusami, 2013. "Sectoral stock return sensitivity to oil price changes: a double-threshold FIGARCH model," Quantitative Finance, Taylor & Francis Journals, vol. 13(4), pages 593-612, March.
    51. Mark A. Hooker, "undated". "Exploring the Robustness of the Oil Price-Macroeconomy Relationship," Finance and Economics Discussion Series 1997-56, Board of Governors of the Federal Reserve System (U.S.), revised 10 Dec 2019.
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    62. Chou, Kuo-Wei & Tseng, Yi-Heng, 2016. "Oil prices, exchange rate, and the price asymmetry in the Taiwanese retail gasoline market," Economic Modelling, Elsevier, vol. 52(PB), pages 733-741.
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    70. Peter Howie & Zauresh Atakhanova, 2020. "Heterogeneous labor and structural change in low- and middle-income, resource-dependent countries," Economic Change and Restructuring, Springer, vol. 53(2), pages 297-332, May.
    71. Nyakundi M. Michieka & Richard S. Gearhart, 2022. "Oil price changes and wages: a nonlinear and asymmetric approach," Economic Change and Restructuring, Springer, vol. 55(1), pages 1-71, February.
    72. Lee, Kiseok & Ni, Shawn, 2002. "On the dynamic effects of oil price shocks: a study using industry level data," Journal of Monetary Economics, Elsevier, vol. 49(4), pages 823-852, May.
    73. Anil Kumar, 2017. "Impact of oil booms and busts on human capital investment in the USA," Empirical Economics, Springer, vol. 52(3), pages 1089-1114, May.
    74. Jablonski, Ryan S. & Oliver, Steven, 2013. "The political economy of plunder: economic opportunity and modern piracy," LSE Research Online Documents on Economics 50451, London School of Economics and Political Science, LSE Library.
    75. Virjinia Jeliazkova, 2010. "Effects of the Dynamics of the Oil Price – Theoretical and Empirical Bases," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 127-165.
    76. Hervé, Justine, 2023. "Specialists or generalists? Cross-industry mobility and wages," Labour Economics, Elsevier, vol. 84(C).
    77. Dmitry Burakov, 2019. "Oil Hikes, Drugs and Bribes: Do Oil Prices Matter for Crime Rate in Russia?," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 84-94.
    78. Chiarini, Bruno & Piselli, Paolo, 2000. "Unemployment, Wage Pressure and Sectoral Shifts: Permanent and Temporary Consequences of Intersectoral Shocks," Journal of Policy Modeling, Elsevier, vol. 22(7), pages 777-799, December.
    79. LAOURARI, Imène & GASMI, Farid, 2016. "The impact of real oil revenues fluctuations on economic growth in Algeria: evidence from 1960-2015 data," MPRA Paper 77590, University Library of Munich, Germany.
    80. Bwo-Nung Huang, 2008. "Factors Affecting an Economy’s Tolerance and Delay of Response to the Impact of a Positive Oil Price Shock," The Energy Journal, , vol. 29(4), pages 1-34, October.
    81. Michieka, Nyakundi M. & Gearhart, Richard S., 2019. "Oil price dynamics and sectoral employment in the U.S," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 140-149.
    82. John C. Ham & Kevin T. Reilly, 2013. "Implicit Contracts, Life Cycle Labor Supply, And Intertemporal Substitution," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(4), pages 1133-1158, November.

  69. Bayoumi, Tamim & Prasad, Eswar, 1995. "Currency Unions, Economic Fluctuations and Adjustment: Some Empirical Evidence," CEPR Discussion Papers 1172, C.E.P.R. Discussion Papers.

    Cited by:

    1. Mike Artis & Hans-Martin Krolzig & Juan Toro, 2002. "The European Business Cycle," Economic Working Papers at Centro de Estudios Andaluces E2002/19, Centro de Estudios Andaluces.
    2. Yannis, Athena, 1996. "Fiscal Federalism and EMU," MPRA Paper 90306, University Library of Munich, Germany.
    3. Ricci, Luca Antonio, 2007. "A Model of an Optimum Currency Area," Economics Discussion Papers 2007-45, Kiel Institute for the World Economy (IfW Kiel).
    4. Pierre-Alain Muet, 1995. "Union monétaire et fédéralisme," Revue de l'OFCE, Programme National Persée, vol. 55(1), pages 151-170.
    5. R. Paci & Riccardo Rovelli, "undated". "Do Trade and Technology reduce asymmetries? Evidence from manufacturing industries in the EU," Working Papers 109, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    6. Raúl Ramos & Miquel Clar & Jordi Suriñach, 1999. "Specialisation in Europe and Asymmetric Shocks: Potential Risks of EMU," Advances in Spatial Science, in: Manfred M. Fischer & Peter Nijkamp (ed.), Spatial Dynamics of European Integration, chapter 4, pages 63-93, Springer.
    7. Karen‐Helene Midelfart & Henry G. Overman & Anthony J. Venables, 2003. "Monetary Union and the Economic Geography of Europe," Journal of Common Market Studies, Wiley Blackwell, vol. 41(5), pages 847-868, December.
    8. Weimann, Marco, 2002. "OCA theory and EMU eastern enlargement: An empirical application," Dresden Discussion Paper Series in Economics 07/02, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    9. Engwerda, Jacob C. & van Aarle, Bas & Plasmans, Joseph E. J., 2002. "Cooperative and non-cooperative fiscal stabilization policies in the EMU," Journal of Economic Dynamics and Control, Elsevier, vol. 26(3), pages 451-481, March.
    10. János Gács, 2003. "Transition, EU Accession and Structural Convergence," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 271-303, September.
    11. Luciano Gutierrez, 2003. "Common and idiosyncratic shocks to labor productivity across sectors and countries: Is climate relevant?," Macroeconomics 0311008, University Library of Munich, Germany.
    12. Franz Pauer, 1996. "Will Asymmetric Shocks Pose a Serious Problem in EMU?," Working Papers 23, Oesterreichische Nationalbank (Austrian Central Bank).
    13. Ansgar Belke & Daniel Gros, 2001. "Real Impacts of Intra-European Exchange Rate Variability: A Case for EMU?," Open Economies Review, Springer, vol. 12(3), pages 231-264, July.
    14. Marco Leonardi, 1997. "Regional Adjustment to Employment Shocks: Italy 1960-1994," Working Papers 16, University of Milano-Bicocca, Department of Economics, revised Sep 1998.
    15. Horvath, Julius, 2003. "Optimum currency area theory: A selective review," BOFIT Discussion Papers 15/2003, Bank of Finland Institute for Emerging Economies (BOFIT).
    16. Vinals, Jose, 1996. "European monetary integration: A narrow or a wide EMU?," European Economic Review, Elsevier, vol. 40(3-5), pages 1103-1109, April.
    17. Martin Hallet, 1998. "The regional impact of the single currency," ERSA conference papers ersa98p27, European Regional Science Association.
    18. Francis Greene & Kevin Mole, 2004. "Tracking Euro preparations amongst UK SMEs," Applied Economics, Taylor & Francis Journals, vol. 36(14), pages 1537-1546.
    19. Paul De Grauwe & Hans Dewachter & Yunus Aksoy, 1999. "Effectiveness of Monetary Policy in Euroland," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(4), pages 299-318, December.
    20. De Grauwe, Paul & Piskorski, Tomasz, 2001. "Union-wide Aggregates versus National Data Based Monetary Policies: Does it Matter for the Eurosystem?," CEPR Discussion Papers 3036, C.E.P.R. Discussion Papers.
    21. Hallet, Martin, 1999. "The Impact of EMU on cohesion - further research needed?," ERSA conference papers ersa99pa087, European Regional Science Association.
    22. Jääskelä, Jarkko, 1997. "Incomplete insurance market and its policy implication within European Monetary Union," Bank of Finland Research Discussion Papers 8/1997, Bank of Finland.
    23. Raymond Fisman & Inessa Love, 2003. "Financial Development and the Composition of Industrial Growth," NBER Working Papers 9583, National Bureau of Economic Research, Inc.
    24. Montalvo, Jose G., 2006. "Regional evolutions in labor markets in the Philippines: A dynamic approach," Journal of Asian Economics, Elsevier, vol. 17(3), pages 448-477, June.
    25. Schor, Armand-Denis, 2000. "La théorie des zones monétaires optimales : l’optimum, le praticable, le crédible et le réel," L'Actualité Economique, Société Canadienne de Science Economique, vol. 76(4), pages 545-576, décembre.
    26. Markus Knell, 2004. "The Role of Revaluation and Adjustment Factors in Pay-As-You-Go Pension Systems," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 55-71.
    27. Dumitru, Ionut, 2009. "Adoptarea euro in Romania [Euro adoption in Romania]," MPRA Paper 18612, University Library of Munich, Germany.

  70. Mr. Eswar S Prasad, 1994. "The Canadian Labor Market: Developments, Prospects, and Policy," IMF Working Papers 1994/097, International Monetary Fund.

    Cited by:

    1. Mr. Joshua Aizenman & Pierre-Richard Agénor, 1994. "Technological Change, Relative Wages, and Unemployment," IMF Working Papers 1994/111, International Monetary Fund.
    2. Casarico, Alessandra & Carlo Devillanova, 2003. "Capital-skill Complementarity and the Redistributive Effects of Social Security Reform," Royal Economic Society Annual Conference 2003 38, Royal Economic Society.

  71. Mr. William Lee & Mr. Eswar S Prasad, 1994. "Changes in the Relationship Between the Long-Term Interest Rate and its Determinants," IMF Working Papers 1994/124, International Monetary Fund.

    Cited by:

    1. Kelly R Eckhold, 1998. "Determinants of New Zealand bond yields," Reserve Bank of New Zealand Discussion Paper Series G98/1, Reserve Bank of New Zealand.
    2. Suzan Hol, 2006. "Determinants of long-term interest rates in the Scandinavian countries," Discussion Papers 469, Statistics Norway, Research Department.
    3. Michelle Lewis & Lauren Rosborough, 2013. "What in the world moves New Zealand bond yields?," Reserve Bank of New Zealand Analytical Notes series AN2013/08, Reserve Bank of New Zealand.

  72. Mr. Eswar S Prasad & Mr. Bankim Chadha, 1994. "Are Prices Countercyclical? Evidence From the G-7," IMF Working Papers 1994/091, International Monetary Fund.

    Cited by:

    1. Michael T. Kiley, 1996. "The lead of output over inflation in sticky price models," Finance and Economics Discussion Series 96-33, Board of Governors of the Federal Reserve System (U.S.).
    2. Rand, John & Tarp, Finn, 2002. "Business Cycles in Developing Countries: Are They Different?," World Development, Elsevier, vol. 30(12), pages 2071-2088, December.
    3. Fabio Canova & Gianni de Nicoló, 1999. "On the sources of business cycles in the G-7," Economics Working Papers 459, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2000.
    4. Joseph Haslag & William Brock, 2014. "On Understanding the Cyclical Behavior of the Price Level and Inflation," Working Papers 1404, Department of Economics, University of Missouri, revised 01 Jul 2014.
    5. Julio J. Rotemberg, 1994. "Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model," NBER Working Papers 4948, National Bureau of Economic Research, Inc.
    6. Apostolos Serletis & Jinan Liu, 2022. "Inflation and economic activity in advanced and emerging economies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4196-4223, October.
    7. Petr Duczynski, 2005. "On the Empirics of the Non-neutrality of Money: Evidence from Developed Countries," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 55(5-6), pages 267-282, May.
    8. Michael R. Pakko, 1997. "The cyclical relationship between output and prices: an analysis in the frequency domain," Working Papers 1997-007, Federal Reserve Bank of St. Louis.
    9. Bjarni G. Einarsson & Gudjón Emilsson & Svava J. Haraldsdóttir & Thórarinn G. Pétursson & Rósa B. Sveinsdóttir, 2013. "On our own? The Icelandic business cycle in an international context," Economics wp63, Department of Economics, Central bank of Iceland.
    10. Stephane Pallage & Michel Robe, 1998. "Foreign Aid and the Business Cycle," Cahiers de recherche CREFE / CREFE Working Papers 63, CREFE, Université du Québec à Montréal.
    11. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, Institute of Labor Economics (IZA).
    12. Sandra Martina Leitner, 2007. "The Austrian Business Cycle - A Characterization," Economics working papers 2007-17, Department of Economics, Johannes Kepler University Linz, Austria.
    13. Ivanova, Detelina & Lahiri, Kajal & Seitz, Franz, 2000. "Interest rate spreads as predictors of German inflation and business cycles," International Journal of Forecasting, Elsevier, vol. 16(1), pages 39-58.
    14. Richard De Abreu Lourenco & Philip Lowe, 1994. "Demand Shocks, Inflation and the Business Cycle," RBA Research Discussion Papers rdp9411, Reserve Bank of Australia.
    15. Dean Croushore, 1998. "Low inflation: the surprise of the 1990s," Business Review, Federal Reserve Bank of Philadelphia, issue Jul, pages 3-12.
    16. Ghate, Chetan & Pandey, Radhika & Patnaik, Ila, 2011. "Has India emerged? Business cycle facts from a transitioning economy," Working Papers 11/88, National Institute of Public Finance and Policy.
    17. Michael Bruno & William Easterly, 1995. "Inflation Crises and Long-Run Growth," NBER Working Papers 5209, National Bureau of Economic Research, Inc.
    18. Gatti, Domenico Delli & Gallegati, Marco & Gallegati, Mauro, 2005. "On the nature and causes of business fluctuations in Italy, 1861-2000," Explorations in Economic History, Elsevier, vol. 42(1), pages 81-100, January.
    19. Michal Andrle & Jan Bruha & Mr. Serhat Solmaz, 2013. "Inflation and Output Comovement in the Euro Area: Love at Second Sight?," IMF Working Papers 2013/192, International Monetary Fund.
    20. Gregory D. Hess & Kwanho Shin, 1995. "Intranational business cycles in the United States," Research Working Paper 95-07, Federal Reserve Bank of Kansas City.
    21. Danijela Pantoviæ & Nikola Boškoviæ & Tijana Petroviæ, 2022. "Measuring Convergence in Tourism Competitiveness of Natural and Cultural Resources: A Case of the Balkans and Eastern Europe," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(9-10), pages 703-722, August.
    22. Levent, Korap, 2009. "Türkiye ekonomisinde enflasyon ve reel milli gelir arasındaki çevrimsellik ilişkisi üzerine bir inceleme [An investigation upon the cyclical relationship between inflation and real income in the Tu," MPRA Paper 20266, University Library of Munich, Germany.
    23. Asghar Shahmoradi & Ali Tayebnia & Hossein Kavand, 2011. "Business Cycle Features in the Iranian Economy," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 16(1), pages 74-93, winter.
    24. Chetan Ghate & Radhika Pandey & Ila Patnaik, 2011. "Has India emerged? Business cycle stylized facts from a transitioning economy," Discussion Papers 11-05, Indian Statistical Institute, Delhi.
    25. Benjamin Kim, 1997. "The cyclical behaviour of prices: G-7 versus non-G7 countries," Applied Economics, Taylor & Francis Journals, vol. 29(5), pages 683-691.
    26. Brock, William A. & Haslag, Joseph H., 2016. "A tale of two correlations: Evidence and theory regarding the phase shift between the price level and output," Journal of Economic Dynamics and Control, Elsevier, vol. 67(C), pages 40-57.
    27. Agnès Belaisch & Claudio Soto, 1998. "Empirical Regularities of Chilean Business Cycles," Working Papers Central Bank of Chile 41, Central Bank of Chile.
    28. Gyun Cheol Gu, 2015. "Why Have U.S. Prices Become Independent of Business Cycles?," Metroeconomica, Wiley Blackwell, vol. 66(4), pages 661-685, November.
    29. Caraiani, Petre, 2012. "Stylized facts of business cycles in a transition economy in time and frequency," Economic Modelling, Elsevier, vol. 29(6), pages 2163-2173.
    30. Gerba, Eddie, 2015. "Have the US macro-financial linkages changed? The balance sheet dimension," LSE Research Online Documents on Economics 59886, London School of Economics and Political Science, LSE Library.
    31. Rachel Male, 2010. "Developing Country Business Cycles: Revisiting the Stylised Facts," Working Papers 664, Queen Mary University of London, School of Economics and Finance.
    32. Smant, David J. C., 1998. "Modelling trends, expectations and the cyclical behaviour of prices," Economic Modelling, Elsevier, vol. 15(1), pages 151-161, January.
    33. Daniel Fried, 2017. "Inflation, Default, and the Currency Composition of Sovereign Debt in Emerging Economies: Working Paper 2017-01," Working Papers 52385, Congressional Budget Office.
    34. Christophe Van Nieuwenhuyze, 2006. "A generalised dynamic factor model for the Belgian economy - Useful business cycle indicators and GDP growth forecasts," Working Paper Research 80, National Bank of Belgium.
    35. Michael Bleaney & Manuela Francisco, 2018. "Is The Phillips Curve Different In Poor Countries?," Bulletin of Economic Research, Wiley Blackwell, vol. 70(1), pages 17-28, January.

  73. Mr. Eswar S Prasad, 1993. "Labor Market Aspects of Industrial Restructuring in Canada," IMF Working Papers 1993/091, International Monetary Fund.

    Cited by:

    1. Stephen S. Poloz, "undated". "The Causes of Unemployment in Canada: A Review of the Evidence," Staff Working Papers 94-11, Bank of Canada.
    2. Stephen S. Poloz, 1995. "The Causes of Unemployment in Canada: A Review of the Evidence," Macroeconomics 9502002, University Library of Munich, Germany.
    3. Robert Amano & Tony S. Wirjanto, "undated". "An Empirical Investigation into Government Spending and Private Sector Behaviour," Staff Working Papers 94-8, Bank of Canada.

  74. Mr. Eswar S Prasad & Mr. Bankim Chadha, 1992. "Are Prices Countercyclical?," IMF Working Papers 1992/088, International Monetary Fund.

    Cited by:

    1. Fabio Canova & Gianni de Nicoló, 1999. "On the sources of business cycles in the G-7," Economics Working Papers 459, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2000.
    2. Julio J. Rotemberg, 1994. "Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model," NBER Working Papers 4948, National Bureau of Economic Research, Inc.
    3. Petr Duczynski, 2005. "On the Empirics of the Non-neutrality of Money: Evidence from Developed Countries," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 55(5-6), pages 267-282, May.
    4. Juan Carlos Parra Alvarez, 2008. "Hechos estilizados de la economía colombiana: fundamentos empíricos para la construcción y evaluación de un modelo DSGE," Borradores de Economia 509, Banco de la Republica de Colombia.
    5. Stephane Pallage & Michel Robe, 1998. "Foreign Aid and the Business Cycle," Cahiers de recherche CREFE / CREFE Working Papers 63, CREFE, Université du Québec à Montréal.
    6. Mr. Paul Cashin & Mr. Sam Ouliaris, 2001. "Key Features of Australian Business Cycles," IMF Working Papers 2001/171, International Monetary Fund.
    7. Yun, Tack, 1996. "Nominal price rigidity, money supply endogeneity, and business cycles," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 345-370, April.
    8. Ioanna Konstantakopoulou & Eftymios Tsionas & Tryphon Kollintzas, 2009. "Stylized Facts of Prices and Interest Rates over the Business Cycle," Economics Bulletin, AccessEcon, vol. 29(4), pages 2613-2627.

  75. Michael P. Keane & Eswar S. Prasad, 1991. "The employment and wage effects of oil price shocks: a sectoral analysis," Discussion Paper / Institute for Empirical Macroeconomics 51, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Paul Gomme & Richard Rogerson & Peter Rupert & Randall Wright, 2005. "The Business Cycle and the Life Cycle," NBER Chapters, in: NBER Macroeconomics Annual 2004, Volume 19, pages 415-592, National Bureau of Economic Research, Inc.
    2. Sri Utami Ady, 2021. "The Effect of World Oil Prices, Gold Prices, and Other Energy Prices on the Indonesian Mining Sector with Exchange Rate of Indonesian Rupiah as the Moderating Effect," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 369-376.
    3. Rotemberg, Julio J & Woodford, Michael, 1996. "Imperfect Competition and the Effects of Energy Price Increases on Economic Activity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 550-577, November.
    4. Kamil Dybczak & David Vonka & Nico van der Windt, 2008. "The Effect of Oil Price Shocks on the Czech Economy," Working Papers 2008/5, Czech National Bank.
    5. Hakan Yilmazkuday, 2011. "Oil shocks through international transport costs: evidence from U.S. business cycles," Globalization Institute Working Papers 82, Federal Reserve Bank of Dallas.

  76. Michael P. Keane & Eswar S. Prasad, 1991. "The relation between skill levels and the cyclical variability of employment, hours and wages," Discussion Paper / Institute for Empirical Macroeconomics 41, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. van Rens, Thijs & Balleer, Almut, 2011. "Skill-Biased Technological Change and the Business Cycle," CEPR Discussion Papers 8410, C.E.P.R. Discussion Papers.
    2. Sherif Khalifa, 2009. "Heterogeneous Workers and Occupations: Inequality, Unemployment, and Crowding Out," Southern Economic Journal, John Wiley & Sons, vol. 75(4), pages 1141-1164, April.
    3. Mukoyama, Toshihiko & Sahin, Aysegul, 2006. "Costs of business cycles for unskilled workers," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2179-2193, November.
    4. Delaney, Judith M. & Devereux, Paul J., 2017. "More Education, Less Volatility? The Effect of Education on Earnings Volatility over the Life Cycle," IZA Discussion Papers 11107, Institute of Labor Economics (IZA).
    5. Gary Solon & Robert Barsky & Jonathan A. Parker, 1994. "Measuring the Cyclicality of Real Wages: How Important is Composition Bias?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 1-25.
    6. Stuart Glosser & Lonnie Golden, 2005. "Is labour becoming more or less flexible? Changing dynamic behaviour and asymmetries of labour input in US manufacturing," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(4), pages 535-557, July.
    7. Phil Lewis & Michael Corliss & Anne Daly, 2013. "The Rate of Return to Higher Education Over the Business Cycle," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 16(2), pages 219-236.
    8. Otrok Christopher & Pourpourides Panayiotis M., 2019. "On the cyclicality of real wages and wage differentials," The B.E. Journal of Macroeconomics, De Gruyter, vol. 19(1), pages 1-18, January.
    9. Balleer, Almut & van Rens, Thijs, 2009. "Cyclical Skill-Biased Technological Change," IZA Discussion Papers 4258, Institute of Labor Economics (IZA).
    10. CASTRO, Rui & COEN-PIRANI, Daniele, 2005. "Why Have Aggregate Skilled Hours Become So Cyclical Since the Mid-1980's?," Cahiers de recherche 2005-19, Universite de Montreal, Departement de sciences economiques.
    11. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    12. Pourpourides, Panayiotis M., 2007. "Implicit Contracts and the Cyclicality of the Skill-Premium," Cardiff Economics Working Papers E2007/19, Cardiff University, Cardiff Business School, Economics Section, revised Apr 2010.
    13. Barrela, Rodrigo & Costa, Eduardo & Portugal, Pedro, 2024. "On the Asymmetrical Sensitivity of the Distribution of Real Wages to Business Cycle Fluctuations," IZA Discussion Papers 16911, Institute of Labor Economics (IZA).
    14. Devereux, Paul J, 2000. "Task Assignment over the Business Cycle," Journal of Labor Economics, University of Chicago Press, vol. 18(1), pages 98-124, January.
    15. Magda Kandil & Jeffrey Woods, 2002. "Employment composition and the cyclical behaviour of the aggregate real wage," Applied Economics, Taylor & Francis Journals, vol. 34(6), pages 689-708.
    16. Botosaru, Irene & Sasaki, Yuya, 2018. "Nonparametric heteroskedasticity in persistent panel processes: An application to earnings dynamics," Journal of Econometrics, Elsevier, vol. 203(2), pages 283-296.
    17. Linda S. Goldberg & Joseph Tracy, 2001. "Exchange rates and wages," Staff Reports 116, Federal Reserve Bank of New York.
    18. Summerfield, Fraser, 2014. "Labor Market Conditions, Skill Requirements and Education Mismatch," CLSSRN working papers clsrn_admin-2014-19, Vancouver School of Economics, revised 28 Apr 2014.
    19. D. Lederman & W.F. Maloney & J. Messina, 2011. "The Fall of Wage Flexibility," World Bank Publications - Reports 23575, The World Bank Group.
    20. Gu, Ran, 2019. "Specific Capital, Firm Insurance, and the Dynamics of the Postgraduate Wage Premium," MPRA Paper 96254, University Library of Munich, Germany.
    21. Gu, Ran, 2019. "Specific Human Capital and Real Wage Cyclicality: An Application to Postgraduate Wage Premium," MPRA Paper 98027, University Library of Munich, Germany.
    22. Bhattacharya, Tulika & Bhandari, Bornali & Bairagya, Indrajit, 2020. "Where are the jobs? Estimating skill-based employment linkages across sectors for the Indian economy: An input-output analysis," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 292-308.
    23. Paul J. Devereux, 2004. "Cyclical Quality Adjustment in the Labor Market," Southern Economic Journal, John Wiley & Sons, vol. 70(3), pages 600-615, January.

Articles

  1. Eswar Prasad, 2022. "Comment on “Developments and Implications of Central Bank Digital Currency: The Case of China e‐CNY”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(2), pages 251-252, July.

    Cited by:

    1. Yiping Huang & Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2022. "Digital Finance in Asia: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(2), pages 163-182, July.

  2. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.

    Cited by:

    1. Francesco D'Amuri & Salvatore Lattanzio & Benjamin S. Smith, 2023. "The anatomy of labor cost adjustment to demand shocks: Germany and Italy during the Great Recession," Temi di discussione (Economic working papers) 1411, Bank of Italy, Economic Research and International Relations Area.
    2. Elías Albagli & Gabriela Contreras & Matías Tapia & Juan M. Wlasiuk, 2021. "Earnings Cyclicality of New and Continuing Jobs: The Role of Tenure and Transition Length," Working Papers Central Bank of Chile 903, Central Bank of Chile.

  3. Karolyi, G. Andrew & Ng, David T. & Prasad, Eswar S., 2020. "The Coming Wave: Where Do Emerging Market Investors Put Their Money?," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(4), pages 1369-1414, June.
    See citations under working paper version above.
  4. Anand, Rahul & Prasad, Eswar S. & Zhang, Boyang, 2015. "What measure of inflation should a developing country central bank target?," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 102-116.
    See citations under working paper version above.
  5. Eswar S Prasad, 2014. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(3), pages 409-429, August.
    See citations under working paper version above.
  6. Chamon, Marcos & Liu, Kai & Prasad, Eswar, 2013. "Income uncertainty and household savings in China," Journal of Development Economics, Elsevier, vol. 105(C), pages 164-177.
    See citations under working paper version above.
  7. Eswar Prasad & Lei Ye, 2013. "The Renminbi's Prospects as a Global Reserve Currency," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 563-570, Fall.

    Cited by:

    1. A. Seetharaman & A.S. Saravanan & Nitin Patwa & Jigar Mehta, 2017. "Impact of Bitcoin as a World Currency," Accounting and Finance Research, Sciedu Press, vol. 6(2), pages 230-230, May.
    2. Yin-Wong Cheung, 2023. "A decade of RMB internationalisation," Economic and Political Studies, Taylor & Francis Journals, vol. 11(1), pages 47-74, January.
    3. Arslanalp, Serkan & Eichengreen, Barry & Simpson-Bell, Chima, 2022. "The stealth erosion of dollar dominance and the rise of nontraditional reserve currencies," Journal of International Economics, Elsevier, vol. 138(C).

  8. M. Ayhan Kose & Christopher Otrok & Eswar Prasad, 2012. "Global Business Cycles: Convergence Or Decoupling?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(2), pages 511-538, May.
    See citations under working paper version above.
  9. Ayhan Kose, M. & Prasad, Eswar S. & Taylor, Ashley D., 2011. "Thresholds in the process of international financial integration," Journal of International Money and Finance, Elsevier, vol. 30(1), pages 147-179, February.
    See citations under working paper version above.
  10. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.
    See citations under working paper version above.
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    1. Shirai, Sayuri, 2009. "世界経済危機とグローバル・マネーの変動 ―国際経済秩序へのインプリケーションー [Global Economic Crisis and Movements of Cross-Border Capital Flows ―Implication to the Global Economic Order―]," MPRA Paper 18619, University Library of Munich, Germany.
    2. Gunther Schnabl, 2011. "The role of the chinese dollar peg for macroeconomic stability in China and the world economy," Global Financial Markets Working Paper Series 13-2010, Friedrich-Schiller-University Jena.
    3. Xinhua Gu & Bihong Huang & Pui Sun Tam & Yang Zhang, 2015. "Inequality and Saving: Further Evidence from Integrated Economies," Review of Development Economics, Wiley Blackwell, vol. 19(1), pages 15-30, February.
    4. Fadun, Olajide Solomon, 2017. "Corporate governance, a risk management tool for enhancing organizational performance: Study of Nigeria Stock Exchange(NSE)listed companies," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 6(4), pages 12-27, April.

  18. Prasad, Eswar S., 2009. "Is the Chinese growth miracle built to last?," China Economic Review, Elsevier, vol. 20(1), pages 103-123, March.
    See citations under working paper version above.
  19. Eswar S. Prasad, 2008. "Some New Perspectives on India's Approach to Capital Account Liberalization," India Policy Forum, Global Economy and Development Program, The Brookings Institution, vol. 5(1), pages 125-178.
    See citations under working paper version above.
  20. Eswar S. Prasad & Raghuram G. Rajan, 2008. "A Pragmatic Approach to Capital Account Liberalization," Journal of Economic Perspectives, American Economic Association, vol. 22(3), pages 149-172, Summer.
    See citations under working paper version above.
  21. Eswar S. Prasad & Raghuram G. Rajan & Arvind Subramanian, 2007. "Foreign Capital and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 153-230.
    See citations under working paper version above.
  22. Eswar Prasad, 2007. "The Welfare Implications of Global Financial Flows," Cato Journal, Cato Journal, Cato Institute, vol. 27(2), pages 185-192, Spring/Su.

    Cited by:

    1. Okunade, Solomon O. & Ajisafe, Rufus A., 2021. "Nexus among Financial Openness Shocks, Institutional Development and Total Factor Productivity in Africa: A Panel SVAR Analysis," African Journal of Economic Review, African Journal of Economic Review, vol. 10(1), December.
    2. Biswas, Amit K. & von Hagen, Jürgen & Sarkar, Sandip, 2022. "FDI Mismatch, trade Mis-reporting, and hidden capital Movements: The USA - China case," Journal of International Money and Finance, Elsevier, vol. 120(C).
    3. Kwame Acheampong, 2019. "The interaction effect of foreign capital inflows and financial development on economic welfare in sub-Saharan Africa," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-33, December.

  23. Marvin Goodfriend & Eswar Prasad, 2007. "A Framework for Independent Monetary Policy in China," CESifo Economic Studies, CESifo Group, vol. 53(1), pages 2-41, March.
    See citations under working paper version above.
  24. Eswar S. Prasad & Raghuram G. Rajan & Arvind Subramanian, 2006. "Patterns of international capital flows and their implications for economic development," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 119-158.

    Cited by:

    1. Zhang, Yihao & Chen, Fang & Huang, Jian & Shenoy, Catherine, 2019. "Hot money flows and production uncertainty: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    2. Franz R. Hahn, 2012. "Culture, Geography and Institutions. Empirical Evidence from Small-scale Banking," WIFO Working Papers 417, WIFO.
    3. Zhang, Haiping, 2022. "Upstream financial flows, intangible investment, and allocative efficiency," Journal of Macroeconomics, Elsevier, vol. 72(C).
    4. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    5. Ju, Jiandong & Wei, Shang-Jin, 2011. "When is quality of financial system a source of comparative advantage?," Journal of International Economics, Elsevier, vol. 84(2), pages 178-187, July.
    6. He, Qing & Korhonen, Iikka & Guo, Junjie & Liu, Fangge, 2016. "The geographic distribution of international currencies and RMB internationalization," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 442-458.
    7. Mr. Daniel Leigh & Mr. Abdul d Abiad & Mr. Ashoka Mody, 2007. "International Finance and Income Convergence: Europe is Different," IMF Working Papers 2007/064, International Monetary Fund.
    8. Kiminori Matsuyama, 2007. "Aggregate Implications of Credit Market Imperfections," NBER Working Papers 13209, National Bureau of Economic Research, Inc.
    9. Mark Aguiar & Manuel Amador, 2011. "Growth in the Shadow of Expropriation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(2), pages 651-697.
    10. Hiroshi Fujiki & Akiko Terada-Hagiwara, 2007. "Financial Integration in East Asia," IMES Discussion Paper Series 07-E-12, Institute for Monetary and Economic Studies, Bank of Japan.
    11. Peter J. Montiel & Luis Servén, 2008. "Real Exchange Rates, Saving and Growth: Is there a Link?," Center for Development Economics 2008-06, Department of Economics, Williams College.
    12. Alejandro Donado & Klaus Wälde, 2008. "Trade Unions go global!," Working Papers 2008_22, Business School - Economics, University of Glasgow, revised Aug 2008.
    13. von Hagen, Jurgen & Schmitz, Birgit, 2009. "Current Account Imbalances and Financial Integration in the Euro Area," CEPR Discussion Papers 7262, C.E.P.R. Discussion Papers.
    14. Arnaud Bourgain & Patrice Pieretti & Skerdilajda Zanaj, 2009. "International Financial competition and bank risk-taking in emerging economies," DEM Discussion Paper Series 09-08, Department of Economics at the University of Luxembourg.
    15. Mehmet Fatih Ekinci & Sebnem Kalemli-Ozcan & Bent Sorensen, 2007. "Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust," NBER Working Papers 13440, National Bureau of Economic Research, Inc.
    16. Mr. Daniel Leigh & Ms. Stefania Fabrizio & Mr. Ashoka Mody, 2009. "The Second Transition: Eastern Europe in Perspective," IMF Working Papers 2009/043, International Monetary Fund.
    17. Edgar Demetrio Tovar, 2011. "Globalización financiera y sus efectos sobre el desarrollo financiero," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 29(66), pages 80-127, December.
    18. Yusuf, Shahid & Nabeshima, Kaoru & Wei Ha, 2007. "What makes cities healthy ?," Policy Research Working Paper Series 4107, The World Bank.
    19. Schmitz, Birgit & von Hagen, Jürgen, 2011. "Current account imbalances and financial integration in the euro area," Journal of International Money and Finance, Elsevier, vol. 30(8), pages 1676-1695.
    20. Jiandong Ju & Shang-Jin Wei, 2010. "Domestic Institutions and the Bypass Effect of Financial Globalization," American Economic Journal: Economic Policy, American Economic Association, vol. 2(4), pages 173-204, November.
    21. Moshirian, Fariborz, 2008. "Globalisation, growth and institutions," Journal of Banking & Finance, Elsevier, vol. 32(4), pages 472-479, April.
    22. Kerstin Gerling, 2008. "The Real Consequences of Financial Market Integration when Countries Are Heterogeneous," Working Papers 141, Oesterreichische Nationalbank (Austrian Central Bank).
    23. Eduardo Levy-Yeyati, 2011. "Exchange Rate Regimes," Business School Working Papers 2011-02, Universidad Torcuato Di Tella.
    24. Borio, Claudio, 2016. "On the centrality of the current account in international economics," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 266-274.
    25. Lim, Mi-Hee & Lee, Ji-Hwan, 2017. "National economic disparity and cross-border acquisition resolution," International Business Review, Elsevier, vol. 26(2), pages 354-364.
    26. Sebnem Kalemli-Ozcan & Bent E. Sorensen & Belgi Turan, 2007. "Where does Capital Flow? A Comparison of U.S. States and EU Countries 1950-2000," European Economy - Economic Papers 2008 - 2015 295, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    27. Christina Leijonhufvud, 2007. "Financial Globalisation and Emerging Markets Volatility," The World Economy, Wiley Blackwell, vol. 30(12), pages 1817-1842, December.
    28. J. Vineesh Prakash & D. K. Nauriyal & Sandeep Kaur, 2017. "Assessing Financial Integration of BRICS Equity Markets: An Empirical Analysis," Emerging Economy Studies, International Management Institute, vol. 3(2), pages 127-138, November.
    29. von Hagen, Jürgen & Zhang, Haiping, 2014. "Financial development, international capital flows, and aggregate output," Journal of Development Economics, Elsevier, vol. 106(C), pages 66-77.
    30. Guonan Ma & Zhou Haiwen, 2009. "China’s evolving external wealth and rising creditor position," BIS Working Papers 286, Bank for International Settlements.
    31. Samuel Adams & Edem Kwame Mensah Klobodu & Richmond Odartey Lamptey, 2017. "The Effects of Capital Flows on Economic Growth in Senegal," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 11(2), pages 121-142, May.

  25. Keane, Michael P. & Prasad, Eswar S., 2006. "Changes in the structure of earnings during the Polish transition," Journal of Development Economics, Elsevier, vol. 80(2), pages 389-427, August.
    See citations under working paper version above.
  26. Eswar S. Prasad & Raghuram G. Rajan, 2006. "Modernizing China's Growth Paradigm," American Economic Review, American Economic Association, vol. 96(2), pages 331-336, May.
    See citations under working paper version above.
  27. Kose, M. Ayhan & Prasad, Eswar S. & Terrones, Marco E., 2006. "How do trade and financial integration affect the relationship between growth and volatility?," Journal of International Economics, Elsevier, vol. 69(1), pages 176-202, June.
    See citations under working paper version above.
  28. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2005. "Growth and Volatility in an Era of Globalization," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 31-63.

    Cited by:

    1. Elena Andreou & Alessandra Pelloni & Marianne Sensier, 2008. "Is Volatility Good for Growth? Evidence from the G7," Centre for Growth and Business Cycle Research Discussion Paper Series 97, Economics, The University of Manchester.
    2. Ćorić, Bruno & Pugh, Geoff, 2013. "Foreign direct investment and output growth volatility: A worldwide analysis," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 260-271.
    3. Ho-Chuan Huang & WenShwo Fang & Stephen M. Miller, 2012. "Does Financial Development Volatility Affect Industrial Growth Volatility?," Working papers 2012-45, University of Connecticut, Department of Economics.
    4. Barbara Annicchiarico & Alessandra Pelloni, 2013. "Productivity Growth and Volatility: How Important Are Wage and Price Rigidities?," Working Paper series 02_13, Rimini Centre for Economic Analysis.
    5. Michael Olabisi, 2020. "Input–Output Linkages and Sectoral Volatility," Economica, London School of Economics and Political Science, vol. 87(347), pages 713-746, July.
    6. Jaan Masso & Vladyslav Soloviov & Kerly Espenberg & Inta Mierina, 2019. "Social convergence of the Baltic states within the enlarged EU: Is limited social dialogue an impediment?," Chapters, in: Daniel Vaughan-Whitehead (ed.), Towards Convergence in Europe, chapter 2, pages 35-77, Edward Elgar Publishing.
    7. Kosacoff, Bernardo & Ramos, Adrián, 2006. "Microeconomic behavior in high uncertainty environments: the case of Argentina," Documentos de Proyectos 3538, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Houssa, Romain, 2013. "Uncertainty about welfare effects of consumption fluctuations," European Economic Review, Elsevier, vol. 59(C), pages 35-62.
    9. Raouf Boucekkine & Giorgio Fabbri & Patrick A. Pintus, 2015. "Risk Sharing and Growth in Small-Open Economies," Working Papers halshs-01201872, HAL.
    10. Eickmeier, Sandra & Ng, Tim, 2011. "How Do Credit Supply Shocks Propagate Internationally? A GVAR approach," CEPR Discussion Papers 8720, C.E.P.R. Discussion Papers.
    11. Andrew K. Rose & Mark M. Spiegel, 2007. "International financial remoteness and macroeconomic volatility," Working Paper Series 2008-01, Federal Reserve Bank of San Francisco.
    12. José Antonio Ocampo & Rob Vos, 2008. "Policy space and the changing paradigm in conducting macroeconomic policies in developing countries," BIS Papers chapters, in: Bank for International Settlements (ed.), New financing trends in Latin America: a bumpy road towards stability, volume 36, pages 28-45, Bank for International Settlements.
    13. Grimalda, Gianluca & Trannoy, Alain & Filgueira, Fernando & Moene, Karl Ove, 2020. "Egalitarian redistribution in the era of hyper-globalization," Open Access Publications from Kiel Institute for the World Economy 224924, Kiel Institute for the World Economy (IfW Kiel).
    14. Rogoff, Kenneth & Wei, Shang-Jin & Prasad, Eswar & Kose, M. Ayhan, 2009. "Financial Globalization and Economic Policies," CEPR Discussion Papers 7117, C.E.P.R. Discussion Papers.
    15. Shinhye Chang & Rangan Gupta & Stephen M. Miller & Mark E. Wohar, 2018. "Growth Volatility and Inequality in the U.S.: A Wavelet Analysis," Working Papers 201819, University of Pretoria, Department of Economics.
    16. Amy K. Filipek & Till Schreiber, 2010. "The Stability and Growth Pact: Past Performance and Future Reforms," Working Papers 97, Department of Economics, College of William and Mary.
    17. Diagne, Youssoupha Sakrya & Thiam, Dame, 2020. "La résilience de l'économie sénégalaise : Quelles politiques publiques en réponses aux chocs exogènes? [Resillience of the senegalese economy; What policy responses to exogenous shocks?]," MPRA Paper 114018, University Library of Munich, Germany.
    18. George Hondroyiannis, 2010. "Fertility Determinants and Economic Uncertainty: An Assessment Using European Panel Data," Journal of Family and Economic Issues, Springer, vol. 31(1), pages 33-50, March.
    19. Barbara Annicchiarico & Luisa Corrado & Alessandra Pelloni, 2008. "Volatility, Growth and Labour Elasticity," Working Paper series 32_08, Rimini Centre for Economic Analysis.
    20. Barbara Annicchiarico & Luisa Corrado & Alessandra Pelloni, 2011. "Long‐Term Growth And Short‐Term Volatility: The Labour Market Nexus," Manchester School, University of Manchester, vol. 79(s1), pages 646-672, June.
    21. Agénor, Pierre-Richard & Aizenman, Joshua, 2010. "Aid volatility and poverty traps," Journal of Development Economics, Elsevier, vol. 91(1), pages 1-7, January.
    22. Martín González-Rozada, Mirta Molinari and Mario Virgolini, 2008. "The Economic Impact of Smoke-Free Laws on the Sales of Bars and Restaurants in Argentina," Business School Working Papers 2008-03, Universidad Torcuato Di Tella.
    23. Alimi, Nabil, 2016. "Volatility and growth in developing countries: An asymmetric effect," The Journal of Economic Asymmetries, Elsevier, vol. 14(PB), pages 179-188.
    24. Montalbano, Pierluigi, 2011. "Trade Openness and Developing Countries' Vulnerability: Concepts, Misconceptions, and Directions for Research," World Development, Elsevier, vol. 39(9), pages 1489-1502, September.
    25. Bilge Erten & Anton Korinek & José Antonio Ocampo, 2019. "Capital Controls: Theory and Evidence," NBER Working Papers 26447, National Bureau of Economic Research, Inc.
    26. Mario Holzner & Stefan Jestl & David Pichler, 2022. "Public and private pension systems and macroeconomic volatility in OECD countries," Scottish Journal of Political Economy, Scottish Economic Society, vol. 69(2), pages 131-168, May.
    27. Ma, Yong & Jiang, Yiqing & Yao, Chi, 2022. "Trade openness, financial openness, and macroeconomic volatility," Economic Systems, Elsevier, vol. 46(1).
    28. Fabrizio Carmignani, "undated". "Cyclical fiscal policy in developing countries: the case of Africa," MRG Discussion Paper Series 2408, School of Economics, University of Queensland, Australia.
    29. Petreski, Marjan, 2013. "Inflation targeting at the crossroads: Evidence from post-communist economies during the crisis," MPRA Paper 47018, University Library of Munich, Germany.
    30. Arturo O’Connell, 2015. "European Crisis: A New Tale of Center–Periphery Relations in the World of Financial Liberalization/Globalization?," International Journal of Political Economy, Taylor & Francis Journals, vol. 44(3), pages 174-195, July.
    31. Andrew Williams, 2014. "The effect of transparency on output volatility," Economics of Governance, Springer, vol. 15(2), pages 101-129, May.
    32. Pierre-Richard Agénor, 2016. "Aid Volatility, Human Capital, and Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 219, Economics, The University of Manchester.
    33. Ghulam MOHEY-UD-DIN* & Muhammad Wasif SIDDIQI**, 2017. "GDP FLUCTUATIONS AND LONG-RUN ECONOMIC GROWTH: A Study of Selected South Asian Countries," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 27(1), pages 41-66.
    34. Calderon, Cesar & Yeyati, Eduardo Levy, 2009. "Zooming in : from aggregate volatility to income distribution," Policy Research Working Paper Series 4895, The World Bank.
    35. Antonakakis, N. & Badinger, H., 2016. "Economic growth, volatility, and cross-country spillovers: New evidence for the G7 countries," Economic Modelling, Elsevier, vol. 52(PB), pages 352-365.
    36. Ahmed, Abdullahi D. & Suardi, Sandy, 2009. "Macroeconomic Volatility, Trade and Financial Liberalization in Africa," World Development, Elsevier, vol. 37(10), pages 1623-1636, October.
    37. Carmignani, Fabrizio, 2010. "Cyclical fiscal policy in Africa," Journal of Policy Modeling, Elsevier, vol. 32(2), pages 254-267, March.
    38. Heather Ba & William K. Winecoff, 2024. "American financial hegemony, global capital cycles, and the macroeconomic growth environment," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 334-372, March.
    39. Michael Jetter, 2013. "Volatility and Growth: An Explanation for the Disagreement," Documentos de Trabajo de Valor Público 10944, Universidad EAFIT.
    40. Dani Rodrik & Arvind Subramanian, 2009. "Why Did Financial Globalization Disappoint?," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 112-138, April.
    41. Tarisa Watanagase, 2007. "Emerging markets in financial globalization: striking the right balance for liberalization," Proceedings, Federal Reserve Bank of San Francisco.
    42. Carmignani, Fabrizio & Chowdhury, Abdur, 2010. "The Role of Primary Commodities in Economic Development: Sub-Saharan Africa versus Rest of the World," Working Papers and Research 2010-01, Marquette University, Center for Global and Economic Studies and Department of Economics.
    43. Bonilla, Eugenio Diaz, 2008. "Global macroeconomic developments and poverty:," IFPRI discussion papers 766, International Food Policy Research Institute (IFPRI).
    44. Pan, Jiun-Nan & Yang, Yan-Jie, 2020. "The impact of economic uncertainty on the decision of fertility: Evidence from Taiwan," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).

  29. Eswar S. Prasad, 2004. "The Unbearable Stability of the German Wage Structure: Evidence and Interpretation," IMF Staff Papers, Palgrave Macmillan, vol. 51(2), pages 354-385.
    See citations under working paper version above.
  30. Chinn, Menzie D. & Prasad, Eswar S., 2003. "Medium-term determinants of current accounts in industrial and developing countries: an empirical exploration," Journal of International Economics, Elsevier, vol. 59(1), pages 47-76, January.
    See citations under working paper version above.
  31. Robin L. Lumsdaine & Eswar S. Prasad, 2003. "Identifying the Common Component of International Economic Fluctuations: A New Approach," Economic Journal, Royal Economic Society, vol. 113(484), pages 101-127, January.
    See citations under working paper version above.
  32. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2003. "How Does Globalization Affect the Synchronization of Business Cycles?," American Economic Review, American Economic Association, vol. 93(2), pages 57-62, May.
    See citations under working paper version above.
  33. Eswar S. Prasad, 2002. "Wage Inequality in the United Kingdom, 1975-99," IMF Staff Papers, Palgrave Macmillan, vol. 49(3), pages 339-363.
    See citations under working paper version above.
  34. Michael P. Keane & Eswar S. Prasad, 2002. "Inequality, Transfers, And Growth: New Evidence From The Economic Transition In Poland," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 324-341, May.
    See citations under working paper version above.
  35. Enswar Prasad, 2001. "The Dynamics of Reservation Wages: Preliminary Evidence from the GSOEP," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 70(1), pages 44-50.

    Cited by:

    1. Stephan Humpert & Christian Pfeifer, 2011. "Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective," Working Paper Series in Economics 214, University of Lüneburg, Institute of Economics.
    2. Khurshid Alam & Sakiba Tasneem & Molla Huq, 2014. "Reservation wage of female volunteer community health workers in Dhaka urban slums: a bidding game approach," Health Economics Review, Springer, vol. 4(1), pages 1-10, December.
    3. Christensen, Björn, 2003. "Die Validität erfragter Reservationslöhne: ein Test auf Basis der stationären Suchtheorie," Kiel Working Papers 1151, Kiel Institute for the World Economy (IfW Kiel).
    4. Tereza Kochovska, 2020. "Interplay Between Reservation Wage and Unemployment Duration: Evidence from Jordan, Serbia, Montenegro, Ukraine and Moldova in 2015," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 120-132, March.
    5. Christensen, Björn, 2002. "Reservation wages, offered wages, and unemployment duration: new empirical evidence," Kiel Working Papers 1095, Kiel Institute for the World Economy (IfW Kiel).
    6. Christensen, Björn, 2003. "Selektionsverzerrungen, erfragte Reservationslöhne und Arbeitslosigkeitsdauer," Kiel Working Papers 1162, Kiel Institute for the World Economy (IfW Kiel).
    7. Christensen, Björn, 2003. "Anspruchslohn und Arbeitslosigkeit in Deutschland (Reservation wage and unemployment in Germany)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 36(4), pages 573-598.
    8. Christensen, Björn, 2001. "Mismatch-Arbeitslosigkeit unter Geringqualifizierten (Mismatch-unemployment among the low-skilled)," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 34(4), pages 506-514.

  36. Laxton, Douglas & Prasad, Eswar, 2001. "Possible effects of European Monetary Union on Switzerland," Journal of Policy Modeling, Elsevier, vol. 23(5), pages 531-551, July.

    Cited by:

    1. Coenen, Gunter & Wieland, Volker, 2003. "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Journal of Monetary Economics, Elsevier, vol. 50(5), pages 1071-1101, July.
    2. Orphanides, Athanasios & Wieland, Volker & Coenen, Günter, 2003. "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Working Paper Series 231, European Central Bank.

  37. Agenor, Pierre-Richard & McDermott, C John & Prasad, Eswar S, 2000. "Macroeconomic Fluctuations in Developing Countries: Some Stylized Facts," The World Bank Economic Review, World Bank, vol. 14(2), pages 251-285, May.
    See citations under working paper version above.
  38. Prasad, Eswar S, 1999. "International Trade and the Business Cycle," Economic Journal, Royal Economic Society, vol. 109(458), pages 588-606, October.
    See citations under working paper version above.
  39. Eswar Prasad & Alun Thomas, 1998. "Labour Market Adjustment in Canada and the United States," Canadian Public Policy, University of Toronto Press, vol. 24(s1), pages 121-137, February.
    See citations under working paper version above.
  40. Eswar S. Prasad & Jeffery A. Gable, 1998. "International Evidence on the Determinants of Trade Dynamics," IMF Staff Papers, Palgrave Macmillan, vol. 45(3), pages 401-439, September.
    See citations under working paper version above.
  41. Eswar Prasad & Alun Thomas, 1998. "A disaggregated analysis of employment growth fluctuations in Canada," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(3), pages 274-287, September.

    Cited by:

    1. Carlino, Gerald A. & DeFina, Robert H. & Sill, Keith, 2001. "Sectoral Shocks and Metropolitan Employment Growth," Journal of Urban Economics, Elsevier, vol. 50(3), pages 396-417, November.
    2. Alexander Chudik & Janet Koech & Mark Wynne, 2021. "The Heterogeneous Effects of Global and National Business Cycles on Employment in US States and Metropolitan Areas," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(2), pages 495-517, April.
    3. Gerald A. Carlino, 2003. "A confluence of events? explaining fluctuations in local employment," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 6-12.
    4. Campolieti, Michele & Gefang, Deborah & Koop, Gary, 2014. "A new look at variation in employment growth in Canada: The role of industry, provincial, national and external factors," Journal of Economic Dynamics and Control, Elsevier, vol. 41(C), pages 257-275.
    5. Michele Campolieti & Deborah Gefang & Gary Koop, 2013. "A new look at variation in employment growth in Canada," Working Papers 26145565, Lancaster University Management School, Economics Department.

  42. Bankim Chadha & Eswar Prasad, 1997. "Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan," IMF Staff Papers, Palgrave Macmillan, vol. 44(3), pages 328-355, September.
    See citations under working paper version above.
  43. Tamim Bayoumi & Eswar Prasad, 1997. "Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 36-58, March.
    See citations under working paper version above.
  44. Prasad, Eswar, 1997. "Sectoral shifts and structural change in the Japanese economy: Evidence and interpretation," Japan and the World Economy, Elsevier, vol. 9(3), pages 293-313, August.

    Cited by:

    1. Yumi Saita & Toshitaka Sekine, 2001. "Sectoral Credit Shifts in Japan: Causes and Consequences of Their Decline in the 1990s," Bank of Japan Working Paper Series Research and Statistics D, Bank of Japan.
    2. Robert Hassink & Dongheon Lee, 2017. "Industrial Variety and Structural Change in Korean Regional Manufacturing, 1992–2004," Growth and Change, Wiley Blackwell, vol. 48(2), pages 246-264, June.
    3. Abe, Masahiro & Ohta, Souichi, 2001. "Fluctuations in Unemployment and Industry Labor Markets," Journal of the Japanese and International Economies, Elsevier, vol. 15(4), pages 437-464, December.
    4. Hiroshi Nishi, 2016. "Structural change and transformation of growth regime in the Japanese economy," Evolutionary and Institutional Economics Review, Springer, vol. 13(1), pages 183-215, June.
    5. Chia-Hung Sun, 2005. "Productivity growth in East Asian manufacturing: a fading miracle or measurement problem?," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(1), pages 1-19.

  45. Eswar Prasad, 1996. "Skill Heterogeneity and the Business Cycle," Canadian Journal of Economics, Canadian Economics Association, vol. 29(4), pages 910-929, November.

    Cited by:

    1. Maliar, Lilia & Maliar, Serguei, 2000. "Differential Responses of Labor Supply across Productivity Groups," Journal of Macroeconomics, Elsevier, vol. 22(1), pages 85-108, January.
    2. Maliar, Lilia & Maliar, Serguei, 2004. "Indivisible-labor, lotteries and idiosyncratic productivity shocks," Mathematical Social Sciences, Elsevier, vol. 48(1), pages 23-35, July.
    3. L. Magnani, 1998. "Market Volatility, Adjustment of Labor and Earnings," Economics Discussion / Working Papers 98-29, The University of Western Australia, Department of Economics.
    4. Cazzavillan, Guido & Olszewski, Krzysztof, 2011. "Skill-biased technological change, endogenous labor supply and growth: A model and calibration to Poland and the US," Research in Economics, Elsevier, vol. 65(2), pages 124-136, June.
    5. CASTRO, Rui & COEN-PIRANI, Daniele, 2005. "Why Have Aggregate Skilled Hours Become So Cyclical Since the Mid-1980's?," Cahiers de recherche 2005-19, Universite de Montreal, Departement de sciences economiques.
    6. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    7. Lahiri, Radhika & Magnani, Elisabetta, 2012. "Endogenous skill heterogeneity and inflation," Economic Modelling, Elsevier, vol. 29(5), pages 1745-1756.
    8. Linnea Polgreen & Pedro Silos, 2006. "Crude substitution: the cyclical dynamics of oil prices and the college premium," FRB Atlanta Working Paper 2006-14, Federal Reserve Bank of Atlanta.
    9. Salas Bahamón, Luz Magdalena & Sánchez Torres, Fabio, 2004. "How do the Colombian Families Respond to the Changes in the Economic Conditions?," IDB Publications (Working Papers) 4397, Inter-American Development Bank.
    10. Michael Sattinger & Sumati Srinivas, 2003. "The Employment-Productivity Relation with Employment Criteria," Discussion Papers 03-07, University at Albany, SUNY, Department of Economics.
    11. Finn E. Kydland & D'Ann M. Petersen, 1997. "Does being different matter?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q III, pages 2-11.

  46. Keane, Michael P & Prasad, Eswar S, 1996. "The Employment and Wage Effects of Oil Price Changes: A Sectoral Analysis," The Review of Economics and Statistics, MIT Press, vol. 78(3), pages 389-400, August.
    See citations under working paper version above.
  47. Chadha, Bankim & Prasad, Eswar, 1994. "Are prices countercyclical? Evidence from the G-7," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 239-257, October.
    See citations under working paper version above.
  48. Michael Keane & Eswar Prasad, 1993. "Skill Levels and the Cyclical Variability of Employment, Hours, and Wages," IMF Staff Papers, Palgrave Macmillan, vol. 40(4), pages 711-743, December.

    Cited by:

    1. van Rens, Thijs & Balleer, Almut, 2011. "Skill-Biased Technological Change and the Business Cycle," CEPR Discussion Papers 8410, C.E.P.R. Discussion Papers.
    2. Sherif Khalifa, 2009. "Heterogeneous Workers and Occupations: Inequality, Unemployment, and Crowding Out," Southern Economic Journal, John Wiley & Sons, vol. 75(4), pages 1141-1164, April.
    3. Kula Ferit & Aslan Alper, 2010. "Hysteresis vs. Natural Rate of Unemployment: One, the Other, or Both?," South East European Journal of Economics and Business, Sciendo, vol. 5(1), pages 91-94, April.
    4. Carlén, Björn, 2002. "Exclusionary Manipulation of Carbon Permit Markets: A Laboratory Test," Research Papers in Economics 2002:15, Stockholm University, Department of Economics.
    5. Ferit KULA & Alper ASLAN, 2014. "Unemployment Hysteresis in Turkey: Does Education Matter?," International Journal of Economics and Financial Issues, Econjournals, vol. 4(1), pages 35-39.
    6. Mukoyama, Toshihiko & Sahin, Aysegul, 2006. "Costs of business cycles for unskilled workers," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2179-2193, November.
    7. Delaney, Judith M. & Devereux, Paul J., 2017. "More Education, Less Volatility? The Effect of Education on Earnings Volatility over the Life Cycle," IZA Discussion Papers 11107, Institute of Labor Economics (IZA).
    8. Stuart Glosser & Lonnie Golden, 2005. "Is labour becoming more or less flexible? Changing dynamic behaviour and asymmetries of labour input in US manufacturing," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(4), pages 535-557, July.
    9. Humburg, M. & de Grip, A. & van der Velden, R.K.W., 2012. "Which skills protect graduates against a alack labour market?," Research Memorandum 002, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    10. Phil Lewis & Michael Corliss & Anne Daly, 2013. "The Rate of Return to Higher Education Over the Business Cycle," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 16(2), pages 219-236.
    11. Otrok Christopher & Pourpourides Panayiotis M., 2019. "On the cyclicality of real wages and wage differentials," The B.E. Journal of Macroeconomics, De Gruyter, vol. 19(1), pages 1-18, January.
    12. Balleer, Almut & van Rens, Thijs, 2009. "Cyclical Skill-Biased Technological Change," IZA Discussion Papers 4258, Institute of Labor Economics (IZA).
    13. CASTRO, Rui & COEN-PIRANI, Daniele, 2005. "Why Have Aggregate Skilled Hours Become So Cyclical Since the Mid-1980's?," Cahiers de recherche 2005-19, Universite de Montreal, Departement de sciences economiques.
    14. Manuel A. Hidalgo, 2008. "Wage Inequality in Spain, 1980-2000," Working Papers 08.08, Universidad Pablo de Olavide, Department of Economics.
    15. Pourpourides, Panayiotis M., 2007. "Implicit Contracts and the Cyclicality of the Skill-Premium," Cardiff Economics Working Papers E2007/19, Cardiff University, Cardiff Business School, Economics Section, revised Apr 2010.
    16. Devereux, Paul J, 2000. "Task Assignment over the Business Cycle," Journal of Labor Economics, University of Chicago Press, vol. 18(1), pages 98-124, January.
    17. Magda Kandil & Jeffrey Woods, 2002. "Employment composition and the cyclical behaviour of the aggregate real wage," Applied Economics, Taylor & Francis Journals, vol. 34(6), pages 689-708.
    18. Chang, Yongsung, 2000. "Wages, business cycles, and comparative advantage," Journal of Monetary Economics, Elsevier, vol. 46(1), pages 143-171, August.
    19. Ran Gu, 2023. "Human Capital and the Business Cycle Effects on the Postgraduate Wage Premium," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 345-376, April.
    20. Botosaru, Irene & Sasaki, Yuya, 2018. "Nonparametric heteroskedasticity in persistent panel processes: An application to earnings dynamics," Journal of Econometrics, Elsevier, vol. 203(2), pages 283-296.
    21. Linda S. Goldberg & Joseph Tracy, 2001. "Exchange rates and wages," Staff Reports 116, Federal Reserve Bank of New York.
    22. Matthew J. Lindquist, 2004. "Capital-Skill Complementarity and Inequality Over the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 519-540, July.
    23. Summerfield, Fraser, 2014. "Labor Market Conditions, Skill Requirements and Education Mismatch," CLSSRN working papers clsrn_admin-2014-19, Vancouver School of Economics, revised 28 Apr 2014.
    24. Jongsuk Han, 2013. "Cyclical Employment and Learning Ability," 2013 Meeting Papers 1022, Society for Economic Dynamics.
    25. D. Lederman & W.F. Maloney & J. Messina, 2011. "The Fall of Wage Flexibility," World Bank Publications - Reports 23575, The World Bank Group.
    26. Gu, Ran, 2019. "Specific Capital, Firm Insurance, and the Dynamics of the Postgraduate Wage Premium," MPRA Paper 96254, University Library of Munich, Germany.
    27. Gu, Ran, 2019. "Specific Human Capital and Real Wage Cyclicality: An Application to Postgraduate Wage Premium," MPRA Paper 98027, University Library of Munich, Germany.
    28. Paul J. Devereux, 2004. "Cyclical Quality Adjustment in the Labor Market," Southern Economic Journal, John Wiley & Sons, vol. 70(3), pages 600-615, January.

  49. Bankim Chadha & Eswar Prasad, 1993. "Interpreting the Cyclical Behavior of Prices," IMF Staff Papers, Palgrave Macmillan, vol. 40(2), pages 266-298, June.

    Cited by:

    1. Kennedy, James E., 1998. "An Analysis of Time-Series Estimates of Capacity Utilization," Journal of Macroeconomics, Elsevier, vol. 20(1), pages 169-187, January.
    2. Michael T. Kiley, 1996. "The lead of output over inflation in sticky price models," Finance and Economics Discussion Series 96-33, Board of Governors of the Federal Reserve System (U.S.).
    3. Michael R. Pakko, 1997. "The cyclical relationship between output and prices: an analysis in the frequency domain," Working Papers 1997-007, Federal Reserve Bank of St. Louis.
    4. Kamilya Tazhibayeva & Mr. Aasim M. Husain & Anna Ter-Martirosyan, 2008. "Fiscal Policy and Economic Cycles in Oil-Exporting Countries," IMF Working Papers 2008/253, International Monetary Fund.
    5. Robert Pater, 2014. "Are there two types of business cycles? a note on crisis detection," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 10(3), pages 1-28, December.
    6. James Peery Cover & C. James Hueng, 2006. "Why Did the Sign of the Price-Output Correlation Change? Evidence from a Structural VAR with GARCH Errors," Working Papers 200602, Ball State University, Department of Economics, revised Mar 2006.
    7. Todd E. Clark, 1996. "U.S. inflation developments in 1995," Economic Review, Federal Reserve Bank of Kansas City, vol. 81(Q I), pages 27-42.
    8. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, Institute of Labor Economics (IZA).
    9. James Peery Cover & C. James Hueng, 2003. "The Correlation between Shocks to Output and the Price Level: Evidence from a Multivariate GARCH Model," Southern Economic Journal, John Wiley & Sons, vol. 70(1), pages 75-92, July.
    10. Cover James Peery & Pecorino Paul, 2003. "Optimal Monetary Policy and the Correlation between Prices and Output," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-21, February.
    11. den Haan, Wouter J. & Sumner, Steven W., 2004. "The comovement between real activity and prices in the G7," European Economic Review, Elsevier, vol. 48(6), pages 1333-1347, December.
    12. Mr. Bankim Chadha & Daniel Tsiddon, 1996. "Inflation, Nominal Interest Rates, and the Variability of Output," IMF Working Papers 1996/109, International Monetary Fund.
    13. Benjamin Kim, 1997. "The cyclical behaviour of prices: G-7 versus non-G7 countries," Applied Economics, Taylor & Francis Journals, vol. 29(5), pages 683-691.
    14. Hartley, Peter R. & Whitt Jr, Joseph A., 2003. "Macroeconomic fluctuations: Demand or supply, permanent or temporary?," European Economic Review, Elsevier, vol. 47(1), pages 61-94, February.
    15. Wouter J. den Haan, 2002. "The Comovement between Real Activity and Prices in the G7," Tinbergen Institute Discussion Papers 02-092/2, Tinbergen Institute.
    16. Smant, David J. C., 1998. "Modelling trends, expectations and the cyclical behaviour of prices," Economic Modelling, Elsevier, vol. 15(1), pages 151-161, January.
    17. Yang-Woo Kim, 1996. "Are prices countercyclical? Evidence from East Asian countries," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 69-82.
    18. den Haan, Wouter J., 2000. "The comovement between output and prices," Journal of Monetary Economics, Elsevier, vol. 46(1), pages 3-30, August.

Chapters

  1. Eswar S. Prasad, 2012. "Emerging Markets in the Aftermath of the Global Financial Crisis," World Scientific Book Chapters, in: Barry Eichengreen & Bokyeong Park (ed.), The World Economy After The Global Crisis A New Economic Order for the 21st Century, chapter 6, pages 129-151, World Scientific Publishing Co. Pte. Ltd..

    Cited by:

    1. Begüm Yurteri Kösedağlı & A. Özlem Önder, 2021. "Determinants of financial stress in emerging market economies: Are spatial effects important?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 4653-4669, July.

  2. Kose, M. Ayhan & Prasad, Eswar & Rogoff, Kenneth & Wei, Shang-Jin, 2010. "Postscript to Financial Globalization and Economic Policies," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, pages 4360-4362, Elsevier.

    Cited by:

    1. Charles W. Calomiris & Mauricio Larrain & Sergio L. Schmukler, 2019. "Capital Inflows, Equity Issuance Activity, and Corporate Investment," Mo.Fi.R. Working Papers 156, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    2. Calderón, César & Kubota, Megumi, 2019. "Ride the Wild Surf: An investigation of the drivers of surges in capital inflows," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 112-136.
    3. Hammudeh, Shawkat & Sohag, Kazi & Husain, Shaiara & Husain, Humaira & Said, Jamaliah, 2020. "Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance," Economic Systems, Elsevier, vol. 44(3).
    4. Toledo, Katia & Alvarado, Alfredo, 2023. "Tackling BEPS in the Global South: Evidence from Peru’s tax reform," Economic Systems, Elsevier, vol. 47(3).
    5. Aluko, Olufemi Adewale & Opoku, Eric Evans Osei, 2022. "The financial development impact of financial globalization revisited: A focus on OECD countries," International Economics, Elsevier, vol. 169(C), pages 13-29.
    6. Bumann, Silke & Lensink, Robert, 2016. "Capital account liberalization and income inequality," Journal of International Money and Finance, Elsevier, vol. 61(C), pages 143-162.
    7. Asaf Akat & Ege Yazgan, 2013. "Observations on Turkey’s Recent Economic Performance," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 41(1), pages 1-27, March.
    8. Kim, Woochan & Sung, Taeyoon & Wei, Shang-Jin, 2014. "The Diffusion of Corporate Governance to Emerging Markets: Evaluating Two Dimensions of Investor Heterogeneity," MPRA Paper 56485, University Library of Munich, Germany.
    9. Mirdala, Rajmund & Svrčeková, Aneta, 2014. "Financial Integration, Volatility of Financial Flows and Macroeconomic Volatility," MPRA Paper 61845, University Library of Munich, Germany.
    10. Han, Wontae & Wang, Jian & Wang, Xiao, 2022. "FDI and firm productivity in host countries: The role of financial constraints," Journal of International Money and Finance, Elsevier, vol. 124(C).
    11. Bumann, Silke & Hermes, Niels & Lensink, Robert, 2013. "Financial liberalization and economic growth: A meta-analysis," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 255-281.
    12. Yuanzhi Liu & Akintoye Victor Adejumo & Oluwabunmi Opeyemi Adejumo & Timothy Ayomitunde Aderemi, 2022. "Globalization and Economic Growth: A Sustainability Analysis for South Asian Countries," Global Policy, London School of Economics and Political Science, vol. 13(4), pages 507-522, September.
    13. Khan, Muhammad Imran & Teng, Jian-Zhou & Khan, Muhammad Kamran & Jadoon, Arshad Ullah & Khan, Muhammad Fayaz, 2021. "The impact of oil prices on stock market development in Pakistan: Evidence with a novel dynamic simulated ARDL approach," Resources Policy, Elsevier, vol. 70(C).
    14. Lucas Njoroge, 2021. "Capital Inflows and Economic Growth in Selected COMESA Member Countries," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 10(4), pages 1-3.
    15. Ketteni, Elena & Kottaridi, Constantina, 2019. "Credit market deregulation and economic growth: Further insights using a marginal integration approach," Journal of Macroeconomics, Elsevier, vol. 62(C).
    16. Helder Ferreira de Mendonça & Natália Ferreira Trigo, 2024. "What is the effect of imported inflation and central bank credibility on the poor and rich?," Applied Economics, Taylor & Francis Journals, vol. 56(21), pages 2520-2543, May.
    17. Samargandi, Nahla & Kutan, Ali M., 2016. "Private credit spillovers and economic growth: Evidence from BRICS countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 44(C), pages 56-84.
    18. Claessens, Stijn & Yurtoglu, B. Burcin, 2013. "Corporate governance in emerging markets: A survey," Emerging Markets Review, Elsevier, vol. 15(C), pages 1-33.
    19. Hu, Xiaoxue & Li, Dongxu & Wang, Jingni, 2024. "Green-selecting: Foreign institutional ownership and corporate green practices," Finance Research Letters, Elsevier, vol. 62(PB).

  3. Kose, M. Ayhan & Prasad, Eswar & Rogoff, Kenneth & Wei, Shang-Jin, 2010. "Financial Globalization and Economic Policies," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4283-4359, Elsevier.
    See citations under working paper version above.
  4. Gill Hammond & Ravi Kanbur & Eswar Prasad, 2009. "Monetary Policy Challenges for Emerging Market Economies," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 1, Edward Elgar Publishing.
    See citations under working paper version above.
  5. Marvin Goodfriend & Eswar Prasad, 2009. "A Framework for Independent Monetary Policy in China," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 8, Edward Elgar Publishing.
    See citations under working paper version above.
  6. Eswar S. Prasad & Kenneth Rogoff & Shang-Jin Wei & M. Ayhan Kose, 2007. "Financial Globalization, Growth and Volatility in Developing Countries," NBER Chapters, in: Globalization and Poverty, pages 457-516, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  7. Eswar Prasad & Shang-Jin Wei, 2007. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 421-480, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  8. Marvin Goodfriend & Eswar Prasad, 2006. "Monetary policy implementation in China," BIS Papers chapters, in: Bank for International Settlements (ed.), Monetary policy in Asia: approaches and implementation, volume 31, pages 25-39, Bank for International Settlements.

    Cited by:

    1. Christian Glocker & Pascal Towbin, 2012. "Reserve Requirements for Price and Financial Stability: When Are They Effective?," International Journal of Central Banking, International Journal of Central Banking, vol. 8(1), pages 65-114, March.
    2. Chen, Xiaofen, 2012. "The dampening effect of bank foreign liabilities on monetary policy: Revisiting monetary cooperation in East Asia," Journal of International Money and Finance, Elsevier, vol. 31(2), pages 412-427.

Books

  1. Prasad, Eswar S., 2016. "Gaining Currency: The Rise of the Renminbi," OUP Catalogue, Oxford University Press, number 9780190631055, Decembrie.

    Cited by:

    1. Yin-Wong Cheung & Louisa Grimm & Frank Westermann, 2020. "The Evolution of Offshore Renminbi Trading: 2016 to 2019," IEER Working Papers 119, Institute of Empirical Economic Research, Osnabrueck University, revised 16 Dec 2020.
    2. Ethan Ilzetzki & Carmen M. Reinhart & Kenneth S. Rogoff, 2020. "Why Is the Euro Punching Below Its Weight?," NBER Working Papers 26760, National Bureau of Economic Research, Inc.
    3. Eswar Prasad, 2020. "New and evolving financial technologies implications for monetary policy and financial stability in Latin America," Documentos de trabajo 19463, FLAR.
    4. Frank Westermann, 2023. "On the Geographical Dispersion of Euro Currency Trading: An Analysis of the First 20 Years and a Comparison to the RMB," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(2), pages 263-287, June.
    5. 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.
    6. Sebastian Horn & Carmen M. Reinhart & Christoph Trebesch, 2019. "China’s Overseas Lending," NBER Working Papers 26050, National Bureau of Economic Research, Inc.
    7. Prasad, Eswar, 2023. "Has China's Growth Gone from Miracle to Malady?," IZA Discussion Papers 16140, Institute of Labor Economics (IZA).
    8. Yin-Wong Cheung, 2023. "A decade of RMB internationalisation," Economic and Political Studies, Taylor & Francis Journals, vol. 11(1), pages 47-74, January.
    9. Urban J. Jermann & Bin Wei & Vivian Z. Yue, 2019. "The Two-Pillar Policy for the RMB," FRB Atlanta Working Paper 2019-8, Federal Reserve Bank of Atlanta.
    10. Saleem Bahaj & Ricardo Reis, 2020. "Jumpstarting an International Currency," Discussion Papers 2015, Centre for Macroeconomics (CFM).
    11. Isha Agarwal & Grace Weishi Gu & Eswar Prasad, 2020. "The Determinants of China’s International Portfolio Equity Allocations," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(3), pages 643-692, September.
    12. Stefan Angrick, 2018. "Structural conditions for currency internationalization: international finance and the survival constraint," Review of International Political Economy, Taylor & Francis Journals, vol. 25(5), pages 699-725, September.
    13. Adam Gwiazda, 2017. "The sluggish internationalization of the renminbit," Bank i Kredyt, Narodowy Bank Polski, vol. 48(5), pages 483-494.

  2. Eswar S. Prasad, 2014. "The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance," Economics Books, Princeton University Press, edition 1, number 10182.

    Cited by:

    1. Milan Nedeljkovic & Gonzalo Varela & Michele Savini Zangrandi, 2015. "Indonesia Current Account Assessment," World Bank Publications - Reports 22340, The World Bank Group.
    2. Gunther Schnabl & Kristina Spantig, 2016. "(De)Stabilizing Exchange Rate Strategies In East Asian Monetary And Economic Integration," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(02), pages 1-24, June.
    3. Ethan Ilzetzki & Carmen M. Reinhart & Kenneth S. Rogoff, 2020. "Why Is the Euro Punching Below Its Weight?," NBER Working Papers 26760, National Bureau of Economic Research, Inc.
    4. Paweł Kowalewski & Dominik Skopiec, 2023. "Wzrost znaczenia złota w rezerwach dewizowych banków centralnych gospodarek wschodzących," Bank i Kredyt, Narodowy Bank Polski, vol. 54(3), pages 259-284.
    5. Barry Eichengreen & Livia Chiu & Arnaud Mehl, 2016. "Network effects, homogeneous goods and international currency choice: New evidence on oil markets from an older era," Canadian Journal of Economics, Canadian Economics Association, vol. 49(1), pages 173-206, February.
    6. Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series wp-2017-171, World Institute for Development Economic Research (UNU-WIDER).
    7. Ben S Bernanke, 2017. "Federal Reserve Policy in an International Context," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(1), pages 1-32, April.
    8. Kenneth Rogoff & Takeshi Tashiro, "undated". "Japan's Exorbitant Privilege," Working Paper 188831, Harvard University OpenScholar.
    9. Iain Hardie & Sylvia Maxfield, 2016. "Atlas constrained: the US external balance sheet and international monetary power," Review of International Political Economy, Taylor & Francis Journals, vol. 23(4), pages 583-613, July.
    10. Myung-koo Kang, 2018. "The Confidence Trap: Japan’s Past Bubble and China’s Recent Bubble," New Political Economy, Taylor & Francis Journals, vol. 23(1), pages 1-26, January.
    11. Eswar Prasad, 2020. "New and evolving financial technologies implications for monetary policy and financial stability in Latin America," Documentos de trabajo 19463, FLAR.
    12. Grzegorz W. Kołodko & Marta Postuła, 2018. "Determinanty i implikacje poszerzania strefy euro. Kwestia polska," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 5-28.
    13. Mehl, Arnaud & Eichengreen, Barry & Chiţu, Livia, 2014. "Stability or upheaval? The currency composition of international reserves in the long run," Working Paper Series 1715, European Central Bank.
    14. An, Jiyoun & Kim, Kyunghun & Pyun, Ju Hyun, 2021. "Does debt market integration amplify the international transmission of business cycles during financial crises?," Journal of International Money and Finance, Elsevier, vol. 115(C).
    15. Charis Vlados, 2020. "The Dynamics of the Current Global Restructuring and Contemporary Framework of the US–China Trade War," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(1), pages 4-23, January.
    16. Hilberg, Björn & Grill, Michael & Metiu, Norbert, 2016. "Credit constraints and the international propagation of US financial shocks," Working Paper Series 1954, European Central Bank.
    17. Hager, Sandy Brian, 2016. "A Global Bond: Explaining the Safe-Haven Status of US Treasury Securities," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-24.
    18. Augusto Lopez-Claros, 2014. "Fiscal Challenges After the Global Financial Crisis: A Survey of Key Issues," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-34.
    19. He, Dong & Yu, Xiangrong, 2016. "Network effects in currency internationalisation: Insights from BIS triennial surveys and implications for the renminbi," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 203-229.
    20. Gregorz W. Kolodko & Marta Postula, 2018. "Determinants and Implications of the Eurozone Enlargement," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 68(4), pages 477-498, December.
    21. Kyunghun Kim & Ju Hyun Pyun & Jiyoun An, 2017. "Does Credit Market Integration Amplify the Transmission of Real Business Cycle During Financial Crisis?," 2017 Meeting Papers 1236, Society for Economic Dynamics.
    22. Tim Marple, 2021. "The social management of complex uncertainty: Central Bank similarity and crisis liquidity swaps at the Federal Reserve," The Review of International Organizations, Springer, vol. 16(2), pages 377-401, April.
    23. Barry Eichengreen & Domenico Lombardi, 2017. "RMBI or RMBR? Is the Renminbi Destined to Become a Global or Regional Currency?," Asian Economic Papers, MIT Press, vol. 16(1), pages 35-59, Winter/Sp.
    24. Essers, Dennis & Ide, Stefaan, 2019. "The IMF and precautionary lending: An empirical evaluation of the selectivity and effectiveness of the Flexible Credit Line," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 25-61.
    25. Pyun, Ju Hyun & An, Jiyoun, 2016. "Capital and credit market integration and real economic contagion during the global financial crisis," Journal of International Money and Finance, Elsevier, vol. 67(C), pages 172-193.
    26. Michael D. Bordo & Owen F. Humpage & Anna J. Schwartz, 2014. "The Evolution of the Federal Reserve Swap Lines since 1962," NBER Working Papers 20755, National Bureau of Economic Research, Inc.
    27. ITO Hiroyuki & Cesar RODRIGUEZ, 2015. "Clamoring for Greenbacks: Explaining the resurgence of the U.S. dollar in international debt," Discussion papers 15119, Research Institute of Economy, Trade and Industry (RIETI).
    28. Hélène Rey, 2016. "International Channels of Transmission of Monetary Policy and the Mundellian Trilemma," NBER Working Papers 21852, National Bureau of Economic Research, Inc.
    29. Daniel McDowell, 2019. "The (Ineffective) Financial Statecraft of China's Bilateral Swap Agreements," Development and Change, International Institute of Social Studies, vol. 50(1), pages 122-143, January.
    30. Robertson, D. & Tambakis, D., 2016. "Long-Run Debt Ratios with Fiscal Fatigue," Cambridge Working Papers in Economics 1674, Faculty of Economics, University of Cambridge.
    31. Prasad, Eswar, 2021. "New Financial Technologies, Sustainable Development, and the International Monetary System," ADBI Working Papers 1277, Asian Development Bank Institute.
    32. Ponsot, Jean-François, 2016. "The “four I's” of the international monetary system and the international role of the euro," Research in International Business and Finance, Elsevier, vol. 37(C), pages 299-308.
    33. Barry Eichengreen, 2014. "International Currencies Past, Present and Future: Two Views from Economic History," Working Papers 2014-31, Economic Research Institute, Bank of Korea.
    34. Stephen Chaudoin & Helen V. Milner, 2017. "Science and the system: IPE and international monetary politics," Review of International Political Economy, Taylor & Francis Journals, vol. 24(4), pages 681-698, July.
    35. D. Essers & E. Vincent, 2017. "The global financial safety net :In need of repair ?," Economic Review, National Bank of Belgium, issue ii, pages 87-112, september.
    36. Lopez-Claros, Augusto, 2014. "Fiscal challenges after the global financial crisis : a survey of key issues," Policy Research Working Paper Series 6805, The World Bank.
    37. Saleem Bahaj & Ricardo Reis, 2020. "Jumpstarting an International Currency," Discussion Papers 2015, Centre for Macroeconomics (CFM).
    38. Rogoff, Kenneth S. & Tashiro, Takeshi, 2015. "Japan’s exorbitant privilege," Scholarly Articles 34299169, Harvard University Department of Economics.
    39. Audrey Sallenave & Jean-Pierre Allegret & Tolga Omay, 2024. "Can governments sleep more soundly when holding international reserves? A banking and financial vulnerabilities perspective," Post-Print hal-03945433, HAL.
    40. Jhuvesh Sobrun & Philip Turner, 2015. "Bond markets and monetary policy dilemmas for the emerging markets," BIS Working Papers 508, Bank for International Settlements.
    41. Carlo Panico, Francesco Purificato, Elvira Sapienza, 2015. "Benefici, problemi e prospettive dell’integrazione monetaria in Europa (Benefits, issues and future of monetary integration in Europe)," Moneta e Credito, Economia civile, vol. 68(271), pages 305-339.
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    Cited by:

    1. Ashima Goyal & Prashant Parab, 2021. "Effectiveness of expectations channel of monetary policy transmission: Evidence from India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2021-011, Indira Gandhi Institute of Development Research, Mumbai, India.
    2. Martin Rapetti & Peter Skott & Arslan Razmi, 2011. "The Real Exchange Rate and Economic Growth: are Developing Countries Different?," UMASS Amherst Economics Working Papers 2011-07, University of Massachusetts Amherst, Department of Economics.
    3. Gupta, Sargam, 2024. "Inefficient shocks and optimal monetary policy," Economic Modelling, Elsevier, vol. 135(C).
    4. Sean Joss Gossel, 2020. "FDI and Elections in Sub-Saharan Africa," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 1151-1172, September.
    5. Gossel, Sean Joss, 2018. "FDI, democracy and corruption in Sub-Saharan Africa," Journal of Policy Modeling, Elsevier, vol. 40(4), pages 647-662.
    6. Sean J. Gossel & Nicholas Biekpe, 2013. "The Cyclical Relationships Between South Africa's Net Capital Inflows and Fiscal and Monetary Policies," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(2), pages 64-83, March.
    7. Eswar S. Prasad, 2013. "Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies," NBER Working Papers 19668, National Bureau of Economic Research, Inc.
    8. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29, April.
    9. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
    10. Nchake, Mamello A. & Edwards, Lawrence & Rankin, Neil, 2018. "Closer monetary union and product market integration in emerging economies: Evidence from the Common Monetary Area in Southern Africa," International Review of Economics & Finance, Elsevier, vol. 54(C), pages 154-164.
    11. Ha,Jongrim & Kose,Ayhan & Ohnsorge,Franziska Lieselotte, 2019. "Understanding Inflation in Emerging and Developing Economies," Policy Research Working Paper Series 8761, The World Bank.
    12. Peter J. Morgan, 2010. "The Role of Macroeconomic Policy in Rebalancing Growth," Macroeconomics Working Papers 23271, East Asian Bureau of Economic Research.
    13. Peter Mooslechner, 2011. "Challenges for Monetary and Exchange Rate Policy in CESEE Created by the Crisis: Back to Square One?," Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), Post-Crisis Growth and Integration in Europe, chapter 16, Edward Elgar Publishing.
    14. Muneesh Kapur & Michael Debabrata Patra, 2010. "A Monetary Policy Model Without Money for India," IMF Working Papers 2010/183, International Monetary Fund.
    15. Prasad, Eswar, 2010. "Financial Sector Regulation and Reforms in Emerging Markets: An Overview," IZA Discussion Papers 5233, Institute of Labor Economics (IZA).
    16. Muhammad Arshad Khan & Ather Maqsood Ahmed, 2016. "Conducting Monetary Policy in South Asian Economies: An Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 55(3), pages 161-190.
    17. Bhattacharya, Rudrani & Patnaik, Ila & Shah, Ajay, 2011. "Monetary policy transmission in an emerging market setting," Working Papers 11/78, National Institute of Public Finance and Policy.
    18. Victor Bahhouth & Christopher Ziemnowicz, 2019. "Meeting the Global Challenges of Doing Business in the Five Candidate Countries on the Road to Join the European Union," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(3), pages 1297-1318, September.
    19. Janine Aron & Kenneth Creamer & John Muellbauer & Neil Rankin, 2014. "Exchange Rate Pass-Through to Consumer Prices in South Africa: Evidence from Micro-Data," Journal of Development Studies, Taylor & Francis Journals, vol. 50(1), pages 165-185, January.
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    22. Charnikat, Charnikat & Masih, Mansur, 2016. "Granger-causal relationship between real exchange rate and economic growth: Malaysia as a case study," MPRA Paper 108939, University Library of Munich, Germany.
    23. Mr. Andrew Berg & Ms. Luisa Charry & Mr. Rafael A Portillo & Mr. Jan Vlcek, 2013. "The Monetary Transmission Mechanism in the Tropics: A Narrative Approach," IMF Working Papers 2013/197, International Monetary Fund.
    24. Martín Rapetti, 2013. "The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels," UMASS Amherst Economics Working Papers 2013-11, University of Massachusetts Amherst, Department of Economics.
    25. Martin Rapetti, 2011. "Macroeconomic Policy Coordination in a Competitive Real Exchange Rate Strategy for Development," UMASS Amherst Economics Working Papers 2011-09, University of Massachusetts Amherst, Department of Economics.
    26. Mai, Nhat Chi, 2016. "Monetary policies and the macroeconomic performance of Vietnam," OSF Preprints akzy4, Center for Open Science.
    27. Bhandari, Pranjul & Frankel, Jeffrey, 2017. "Nominal GDP targeting for developing countries," Research in Economics, Elsevier, vol. 71(3), pages 491-506.

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