Philip Turner

Research output

Working papers

1. Giraldo, I. & Turner P, 2022. "The dollar debt of companies in Latin America: the warning signs," Documentos de trabajo 20025, FLAR.
   • Giraldo, Iader & Turner, Philip, 2022. "The Dollar Debt of Companies in Latin America: the warning signs," National Institute of Economic and Social Research (NIESR) Discussion Papers 534, National Institute of Economic and Social Research.
2. Philip Turner, 2021. "The New Monetary Policy Revolution: Advice and Dissent," National Institute of Economic and Social Research (NIESR) Occasional Papers 60, National Institute of Economic and Social Research.
3. Joseph E Gagnon & Philip Turner, 2019. "Monetary and Exchange Rate Policies for Sustained Growth in Asia," National Institute of Economic and Social Research (NIESR) Discussion Papers 497, National Institute of Economic and Social Research.
4. André Icard & Philip Turner, 2019. "Managing Global Liquidity as a Global Public Good. A Report of an RTI Working Party," Working Papers 1293, Robert Triffin International.
5. Philip Turner, 2017. "Did Central Banks Cause The Last Financial Crisis? Will They Cause The Next?," National Institute of Economic and Social Research (NIESR) Discussion Papers 484, National Institute of Economic and Social Research.
6. Philip Turner, 2016. "Macroprudential policies, the long-term interest rate and the exchange rate," BIS Working Papers 588, Bank for International Settlements.
7. Francis Breedon & Philip Turner, 2016. "On the transactions costs ofquantitative easing," BIS Working Papers 571, Bank for International Settlements.
   • Breedon, Francis, 2018. "On the transactions costs of UK quantitative easing," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 347-356.
   • Francis Breedon, 2018. "On the Transactions Costs of UK Quantitative Easing," Working Papers 848, Queen Mary University of London, School of Economics and Finance.
8. Michael Chui & Emese Kuruc & Philip Turner, 2016. "A new dimension to currency mismatches in the emerging markets - non-financial companies," BIS Working Papers 550, Bank for International Settlements.
9. Peter Hördahl & Jhuvesh Sobrun & Philip Turner, 2016. "Low long-term interest rates as a global phenomenon," BIS Working Papers 574, Bank for International Settlements.
10. Jhuvesh Sobrun & Philip Turner, 2015. "Bond markets and monetary policy dilemmas for the emerging markets," BIS Working Papers 508, Bank for International Settlements.
11. Philip Turner, 2014. "The exit from non-conventional monetary policy: what challenges?," BIS Working Papers 448, Bank for International Settlements.
12. Philip Turner, 2014. "The global long-term interest rate, financial risks and policy choices in EMEs," BIS Working Papers 441, Bank for International Settlements.
13. Philip Turner, 2013. "Benign neglect of the long-term interest rate," BIS Working Papers 403, Bank for International Settlements.
14. Jagjit S. Chadha & Philip Turner & Fabrizio Zampolli, 2013. "The Ties that Bind: Monetary Policy and Government Debt Management," Studies in Economics 1318, School of Economics, University of Kent.
    • Jagjit S. Chadha & Philip Turner & Fabrizio Zampolli, 2013. "The ties that bind: monetary policy and government debt management," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(3), pages 548-581, AUTUMN.
15. Philip Turner, 2013. "Caveat creditor," BIS Working Papers 419, Bank for International Settlements.
16. Jagjit S Chadha & Philip Turner & Fabrizio Zampolli, 2013. "The interest rate effects of government debt maturity," BIS Working Papers 415, Bank for International Settlements.
    • Jagjit Chadha & Philip Turner & Fabrizio Zampolli, 2017. "The interest rate effects of government debt maturity," National Institute of Economic and Social Research (NIESR) Discussion Papers 476, National Institute of Economic and Social Research.
17. Hans J. Blommestein & Philip Turner, 2012. "Interactions Between Sovereign Debt Management and Monetary Policy Under Fiscal Dominance and Financial Instability," OECD Working Papers on Sovereign Borrowing and Public Debt Management 3, OECD Publishing.
    • Hans J Blommestein & Philip Turner, 2012. "Interactions between sovereign debt management and monetary policy under fiscal dominance and financial instability," BIS Papers chapters, in: Bank for International Settlements (ed.), Threat of fiscal dominance?, volume 65, pages 213-237, Bank for International Settlements.
18. Philip Turner, 2011. "Is the long-term interest rate a policy victim, a policy variable or a policy lodestar?," BIS Working Papers 367, Bank for International Settlements.
19. Dietrich Domanski & Philip Turner, 2011. "The Great Liquidity Freeze : What Does It Mean for International Banking?," Finance Working Papers 23245, East Asian Bureau of Economic Research.
    • Domanski, Dietrich & Turner, Philip, 2011. "The Great Liquidity Freeze: What Does It Mean for International Banking?," ADBI Working Papers 291, Asian Development Bank Institute.
    • Dietrich Domanski & Philip Turner, 2011. "The Great Liquidity Freeze : What Does It Mean for International Banking?," Macroeconomics Working Papers 23245, East Asian Bureau of Economic Research.
20. Philip Turner, 2011. "Fiscal Dominance and the Long-Term Interest Rate," FMG Special Papers sp199, Financial Markets Group.
21. Madhusudan Mohanty & Philip Turner, 2010. "Banks and financial intermediation in emerging Asia: reforms and new risks," BIS Working Papers 313, Bank for International Settlements.
22. Philip Turner, 2000. "Procyclicality of Regulatory Ratios?," SCEPA working paper series. 2000-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.

Articles

1. Michael Chui & Emese Kuruc & Philip Turner, 2018. "Leverage and currency mismatches: Non‐financial companies in the emerging markets," The World Economy, Wiley Blackwell, vol. 41(12), pages 3269-3287, December.
2. Philip Turner, 2017. "Reflections on the Reserve Bank of New Zealand’s Monetary Policy Round," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 80, pages 1-10, July.
3. Jhuvesh Sobrun & Philip Turner, 2016. "La faiblesse des taux d’intérêt à long terme : un phénomène mondial," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 257-274.
4. Shin, H.S. & Turner, P., 2015. "What does the new face of international financial intermediation mean for emerging market economies?," Financial Stability Review, Banque de France, issue 19, pages 25-36, April.
5. Philip Turner, 2015. "Bras de fer avec la volatilité : quelles options de politique pour les marchés émergents ?," Revue d'économie financière, Association d'économie financière, vol. 0(3), pages 227-250.
6. Turner, Philip, 2015. "The consequences of exit from non-conventional monetary policy," Journal of Financial Perspectives, EY Global FS Institute, vol. 3(2), pages 43-59.
7. Philip Turner, 2015. "Global Monetary Policies and the Markets: Policy Dilemmas in the Emerging Markets," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 57(2), pages 276-299, June.
8. Philip Turner, 2014. "Sortir des politiques monétaires non conventionnelles : quels défis ?," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 77-100.
9. Jagjit S. Chadha & Philip Turner & Fabrizio Zampolli, 2013. "The ties that bind: monetary policy and government debt management," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(3), pages 548-581, AUTUMN.
   • Jagjit S. Chadha & Philip Turner & Fabrizio Zampolli, 2013. "The Ties that Bind: Monetary Policy and Government Debt Management," Studies in Economics 1318, School of Economics, University of Kent.
10. Philip TURNER, 2007. "Are Banking Systems in East Asia Stronger?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 2(1), pages 75-95, June.
11. M S Mohanty & Philip Turner, 2006. "Foreign exchange reserve accumulation in emerging markets: what are the domestic implications?," BIS Quarterly Review, Bank for International Settlements, September.
12. Turner, Philip, 1988. "Savings and investment, exchange rates, and international imbalances: A comparison of the United States, Japan, and Germany," Journal of the Japanese and International Economies, Elsevier, vol. 2(3), pages 259-285, September.
13. Turner, Philip P, 1980. "Import Competition and the Profitability of United Kingdom Manufacturing Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 29(2), pages 155-166, December.

Chapters

1. Srichander Ramaswamy & Philip Turner, 2020. "Larger Central Bank Balance Sheets: A New Normal for Monetary Policy?," Springer Books, in: Jacob Bjorheim (ed.), Asset Management at Central Banks and Monetary Authorities, edition 1, chapter 0, pages 41-54, Springer.
2. Srichander Ramaswamy & Philip Turner, 2020. "Expansion and Contraction of Central Bank Balance Sheets: Implications for Commercial Banks," Springer Books, in: Jacob Bjorheim (ed.), Asset Management at Central Banks and Monetary Authorities, edition 1, chapter 0, pages 151-162, Springer.
3. Morris Goldstein & Philip Turner, 2017. "Banking Crises in Emerging Economies: Origins and Policy Options," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 8, pages 301-363, World Scientific Publishing Co. Pte. Ltd..
4. Morris Goldstein & Philip Turner, 2017. "Measuring Currency Mismatch and Aggregate Effective Currency Mismatch," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 12, pages 437-482, World Scientific Publishing Co. Pte. Ltd..
5. Emese Kuruc & Bruno Tissot & Philip Turner, 2017. "Looking at aggregate currency mismatches and beyond," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Uses of central balance sheet data offices' information, volume 45, Bank for International Settlements.
6. Philip Turner, 2016. "External shocks, the exchange rate and macroprudential policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential policy, volume 86, pages 57-62, Bank for International Settlements.
7. Yusuf Soner Baskaya & Turalay Kenç & Ilhyock Shim & Philip Turner, 2016. "Financial development and the effectiveness of macroprudential measures," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential policy, volume 86, pages 103-116, Bank for International Settlements.
8. Philip Turner, 2012. "Summary of the discussion," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial sector regulation for growth, equity and stability, volume 62, pages 141-142, Bank for International Settlements.
9. Philip Turner, 2012. "Macroprudential policies in EMEs: theory and practice," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial sector regulation for growth, equity and stability, volume 62, pages 125-139, Bank for International Settlements.
10. Philip Turner, 2012. "Weathering financial crisis: domestic bond markets in EMEs," BIS Papers chapters, in: Bank for International Settlements (ed.), Weathering financial crises: bond markets in Asia and the Pacific, volume 63, pages 15-34, Bank for International Settlements.
11. Hans J Blommestein & Philip Turner, 2012. "Interactions between sovereign debt management and monetary policy under fiscal dominance and financial instability," BIS Papers chapters, in: Bank for International Settlements (ed.), Threat of fiscal dominance?, volume 65, pages 213-237, Bank for International Settlements.
    • Hans J. Blommestein & Philip Turner, 2012. "Interactions Between Sovereign Debt Management and Monetary Policy Under Fiscal Dominance and Financial Instability," OECD Working Papers on Sovereign Borrowing and Public Debt Management 3, OECD Publishing.
12. Richhild Moessner & Philip Turner, 2012. "Threat of fiscal dominance? Workshop summary," BIS Papers chapters, in: Bank for International Settlements (ed.), Threat of fiscal dominance?, volume 65, pages 1-12, Bank for International Settlements.
13. Philip Turner, 2010. "Central banks and the financial crisis," BIS Papers chapters, in: Bank for International Settlements (ed.), Perspectives on inflation targeting, financial stability and the global crisis, volume 51, pages 21-25, Bank for International Settlements.
14. Philip Turner, 2010. "Palle Schelde Andersen: a practical economist," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation, labour markets and international adjustment - Essays in honour of Palle S Andersen, volume 50, pages 15-26, Bank for International Settlements.
15. M S Mohanty & Philip Turner, 2008. "Monetary policy transmission in emerging market economies: what is new?," BIS Papers chapters, in: Bank for International Settlements (ed.), Transmission mechanisms for monetary policy in emerging market economies, volume 35, pages 1-59, Bank for International Settlements.
16. Philip Turner, 2008. "Financial globalisation and emerging market capital flows," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 1-10, Bank for International Settlements.
17. Philip Turner, 2006. "The banking system in emerging economies: how much progress has been made?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 1-9, Bank for International Settlements.
18. M S Mohanty & Philip Turner, 2005. "Intervention: what are the domestic consequences?," BIS Papers chapters, in: Bank for International Settlements (ed.), Foreign exchange market intervention in emerging markets: motives, techniques and implications, volume 24, pages 56-81, Bank for International Settlements.
19. Philip Turner, 2002. "Bond markets in emerging economies: an overview of policy issues," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 1-12, Bank for International Settlements.
20. Philip Turner, 2002. "Monetary policy and the Asian crisis: the role of dollar exchange rate targets," Chapters, in: Gerald P. Dwyer Jr. & Jin-Lung Lin & Jia-Dong Shea & Chung-Shu Wu (ed.), Monetary Policy and Taiwan’s Economy, chapter 6, pages 98-127, Edward Elgar Publishing.

Books

1. Mizen,Paul & Rubio,Margarita & Turner,Philip (ed.), 2020. "Macroprudential Policy and Practice," Cambridge Books, Cambridge University Press, number 9781108412346.
2. Mizen,Paul & Rubio,Margarita & Turner,Philip (ed.), 2018. "Macroprudential Policy and Practice," Cambridge Books, Cambridge University Press, number 9781108419901.
3. Morris Goldstein & Philip Turner, 2004. "Controlling Currency Mismatches in Emerging Markets," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 373.