Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ F: International Economics
/ / F3: International Finance
/ / / F30: General
/ / / F31: Foreign Exchange
/ / / F32: Current Account Adjustment; Short-term Capital Movements
/ / / F33: International Monetary Arrangements and Institutions
/ / / F34: International Lending and Debt Problems
/ / / F35: Foreign Aid
/ / / F36: Financial Aspects of Economic Integration
/ / / F37: International Finance Forecasting and Simulation: Models and Applications
/ / / F38: International Financial Policy: Financial Transactions Tax; Capital Controls
/ / / F39: Other

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This JEL code is mentioned in the following RePEc Biblio entries:

1. Exchange Rate Economics

2016

• Adams-Kane, Jonathon & Lopez, Claude & Wilhelmus, Jakob, 2016, "2016 Global Opportunity Index," MPRA Paper, University Library of Munich, Germany, number 73720.
• luo, yinghao, 2016, "Nonlinear Trend and Purchasing Power Parity," MPRA Paper, University Library of Munich, Germany, number 73817, Sep.
• LaGarda, Guillermo & Gallagher, Kevin & Linares, Jennifer, 2016, "Capital Openness and Income Inequality: A Cross-Country Study and The Role of CCT in Latin America," MPRA Paper, University Library of Munich, Germany, number 74181, Jun.
• Ko, Jun-Hyung & Funashima, Yoshito, 2016, "On the Sources of the Feldstein-Horioka Puzzle across Time and Frequencies," MPRA Paper, University Library of Munich, Germany, number 75297, Nov.
• K, S Chalapati Rao & Dhar, Biswajit, 2016, "The Tenuous Relationship between Make in India and FDI Inflows," MPRA Paper, University Library of Munich, Germany, number 76468, Dec.
• Lopez, Claude & Adams-Kane, Jonathon & Wilhelmus, Jakob, 2016, "Cross-Border Investment in Europe: From Macro to Financial Data," MPRA Paper, University Library of Munich, Germany, number 76622.
• Philippopoulos, Apostolis & Varthalitis, Petros & Vassilatos, Vanghelis, 2016, "Fiscal consolidation in an open economy with sovereign premia and without monetary policy independence," MPRA Paper, University Library of Munich, Germany, number 81327.
• BAHMANI-OSKOOEE, Mohsen & Fariditavana, Hadiseh, 2016, "How Sensitive are the U.S. Inpayments and Outpayments to Exchange Rate Changes: An Asymmetry Analysis," MPRA Paper, University Library of Munich, Germany, number 81829, Oct, revised 06 Jan 2017.
• GBANDI, Tchapo, 2016, "Ratios d’adéquation et fonction de demande des réserves de change dans les pays de l’UEMOA
  [Title: Foreign reserve adequacy ratios and reserve demand function in WAEMU countries]," MPRA Paper, University Library of Munich, Germany, number 82145, Jun, revised 25 Jun 2016.
• BAHMANI-OSKOOEE, Mohsen & Aftab, Muhammad, 2016, "Malaysia-EU Trade at the Industry Level: Is there an Asymmetric Response to Exchange Rate Volatility?," MPRA Paper, University Library of Munich, Germany, number 82687, Nov, revised 11 Apr 2017.
• BAHMANI-OSKOOEE, Mohsen & HALICIOGLU, Ferda & Neumann, Rebecca, 2016, "Domestic Investment Responses to Changes in the Real Exchange Rate: Asymmetries of Appreciation versus Depreciation," MPRA Paper, University Library of Munich, Germany, number 82941, Mar, revised 10 Apr 2016.
• Bahmani-Oskooee, Mohsen & Durmaz, Nazif, 2016, "Asymmetric cointegration and the J-Curve: Evidence from commodity trade between Turkey and EU," MPRA Paper, University Library of Munich, Germany, number 83183, Jan, revised 14 May 2016.
• Bahmani-Oskooee, Mohsen & Baek, Jungho, 2016, "Asymmetry cointegration and the J-curve: New evidence from Korean bilateral trade balance models with her 14 partners," MPRA Paper, University Library of Munich, Germany, number 83195, Feb, revised 15 Mar 2016.
• Abozaid, Abdulazeem, 2016, "أثر تغير قيمة العملة الحاد في وفاء الديون
  [The effect of currency value change upon debt rempayment]," MPRA Paper, University Library of Munich, Germany, number 92526, revised 2016.
• Jiří Pour, 2016, "Aplikace modelů diskrétní volby k analýze příčin měnových krizí
  [Application of Discrete Choice Models on Analysis of Causes of Currency Crises]," Politická ekonomie, Prague University of Economics and Business, volume 2016, issue 4, pages 420-438, DOI: 10.18267/j.polek.1079.
• Margaux MacDonald, 2016, "International Capital Market Frictions And Spillovers From Quantitative Easing," Working Paper, Economics Department, Queen's University, number 1346, Mar.
• Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2016, "Balanced Growth Despite Uzawa," Working Paper, Harvard University OpenScholar, number 346746, Jan.
• Gordon Y. Liao, 2016, "Credit Migration and Covered Interest Rate Parity," Working Paper, Harvard University OpenScholar, number 468601, Oct.
• Montoro, Carlos & Ortiz, Marco, 2016, "Foreign exchange intervention and monetary policy design: a market microstructure analysis," Working Papers, Banco Central de Reserva del Perú, number 2016-008, Sep.
• Wafa Kammoun Masmoudi, 2016, "Changing Dynamic Relationships between Stock and Bond Markets in Crises: Evidence of a Flight to Quality," Bankers, Markets & Investors, ESKA Publishing, issue 141, pages 36-56, March-Apr.
• Michael Dotsey & Margarida Duarte, 2016, "Code and data files for "How Important is the Currency Denominations of Exports in Open-Economy Models?"," Computer Codes, Review of Economic Dynamics, number 13-216, revised .
• Thomas Sampson & Ezra Oberfield & Elhanan Helpman & Gene Grossman, 2016, "Balanced Growth Despite Uzawa," 2016 Meeting Papers, Society for Economic Dynamics, number 120.
• Yang Liu & Mariano Croce & Ivan Shaliastovich & Ric Colacito, 2016, "Volatility Risk Pass-Through," 2016 Meeting Papers, Society for Economic Dynamics, number 135.
• Andrea Vedolin & Alireza Tahbaz-Salehi & Philippe Mueller, 2016, "Exchange Rates and Monetary Policy Uncertainty," 2016 Meeting Papers, Society for Economic Dynamics, number 138.
• Emmanuel Farhi, 2016, "Global Imbalances and Currency Wars at the ZLB," 2016 Meeting Papers, Society for Economic Dynamics, number 1418.
• Markus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh Author Email: svnieuwe@stern.nyu.edu & Dimitri Vayanos Author Email: d.vayanos@lse.ac.uk, 2016, "ESBies: Safety in the Tranches," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, number 453, Sep.
• Juan Carlos Cuestas & Ying Sophie Huang & Bo Tang, 2016, "Does the Yuan's Overseas Expansion Increase the Currency Exposure of Chinese Financial Firms?," Working Papers, The University of Sheffield, Department of Economics, number 2016006, Mar.
• Mark J. Holmes & Jesús Otero, 2016, "A pairwise-based approach to examining the Feldstein–Horioka condition of international capital mobility," Empirical Economics, Springer, volume 50, issue 2, pages 279-297, March, DOI: 10.1007/s00181-015-0937-8.
• Victor A. Beker, 2016, "The European Debt Crisis," Financial and Monetary Policy Studies, Springer, chapter 0, "Modern Financial Crises", DOI: 10.1007/978-3-319-20991-3_7.
• Altavilla, Carlo & Pagano, Marco & Simonelli, Saverio, 2016, "Bank exposures and sovereign stress transmission," ESRB Working Paper Series, European Systemic Risk Board, number 11, May.
• Brunnermeier, Markus K. & Langfield, Sam & Pagano, Marco & Reis, Ricardo & Van Nieuwerburgh, Stijn & Vayanos, Dimitri, 2016, "ESBies: Safety in the tranches," ESRB Working Paper Series, European Systemic Risk Board, number 21, Sep.
• S.J Retief & M. Pretorius & I. Botha, 2016, "Comparing Linear and Non-Linear Benchmarks of Exchange Rate Forecasting," Studies in Economics and Econometrics, Taylor & Francis Journals, volume 40, issue 1, pages 119-138, April, DOI: 10.1080/10800379.2016.12097294.
• Bernardin Senadza & Godson Korbla Aloryito, 2016, "The twin deficits hypothesis: Evidence from Ghana," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, volume 9, issue 3, pages 55-62, December.
• van Riet, Ad, 2016, "Government Funding Privileges in European Financial Law : Making Public Debt Everybody's Favourite?," Discussion Paper, Tilburg University, Center for Economic Research, number 2016-045.
• Cristina Arellano & Andrew Atkeson & Mark Wright, 2016, "External and Public Debt Crises," NBER Macroeconomics Annual, University of Chicago Press, volume 30, issue 1, pages 191-244, DOI: 10.1086/685957.
• Daniela Magalhães Prates & André Moreira Cunha, 2016, "Ajustes no Balanço de Pagamentos do Brasil durante a “Grande Reversão”," REOESTE - Revista de Economia do Centro-Oeste, Nepec - Curso de Ciencias Economicas da Universidade Federal de Goias - FACE, volume 2, issue 2, pages 37-54.
• Maria Repko & Oleksandr Kashko & Irina Piontkivska, 2016, "International Experience of Capital Flows Liberalization," Visnyk of the National Bank of Ukraine, National Bank of Ukraine, issue 235, pages 26-42, DOI: 10.26531/vnbu2016.235.026.
• Rudolfs Bems & Julian di Giovanni, 2016, "Income-Induced expenditure switching," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1534, Aug.
• Kiyoung Jeon & Zeynep Yom, 2016, "Income Inequality and Sovereign Default," Villanova School of Business Department of Economics and Statistics Working Paper Series, Villanova School of Business Department of Economics and Statistics, number 29, Jul.
• Lazarov Darko & Miteva-Kacarski Emilija & Nikoloski Krume, 2016, "An Empirical Analysis of Stock Market Development and Economic Growth: The Case of Macedonia," South East European Journal of Economics and Business, Sciendo, volume 11, issue 2, pages 71-81, December, DOI: 10.1515/jeb-2016-0012.
• Bown,Chad P. & Crowley,Meredith A & Bown,Chad P. & Crowley,Meredith A, 2016, "The empirical landscape of trade policy," Policy Research Working Paper Series, The World Bank, number 7620, Apr.
• Andreas Hoefele & Tim Schmidt‐Eisenlohr & Zhihong Yu, 2016, "Payment choice in international trade: Theory and evidence from cross‐country firm‐level data," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 49, issue 1, pages 296-319, February, DOI: 10.1111/caje.12198.
• Charles Bean, 2016, "Living with Low for Long," Economic Journal, Royal Economic Society, volume 0, issue 592, pages 507-522, May.
• Zhiguo He & Péter Kondor, 2016, "Inefficient Investment Waves," Econometrica, Econometric Society, volume 84, issue , pages 735-780, March.
• Jon Danielsson & Kevin R. James & Marcela Valenzuela & Ilknur Zer, 2016, "Can We Prove a Bank Guilty of Creating Systemic Risk? A Minority Report," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 4, pages 795-812, June, DOI: 10.1111/jmcb.12318.
• Opeoluwa Banwo & Fabio Caccioli & Paul Harrald & Francesca Medda, 2016, "The Effect Of Heterogeneity On Financial Contagion Due To Overlapping Portfolios," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., volume 19, issue 08, pages 1-20, December, DOI: 10.1142/S0219525916500168.
• Robert Joliet & Rabia Nessah, 2016, "Euro White and Euro Yolk: Sovereign Debt Structure Stability in the Eurozone," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., volume 18, issue 03, pages 1-15, September, DOI: 10.1142/S0219198916500043.
• Cuestas, Juan Carlos & Tang, Bo, 2016, "Asymmetric Exchange Rate Exposure of Stock Returns: Empirical Evidence from Chinese Industries," RIEI Working Papers, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration, number 2016-03, Apr.
• Abayomi Toyin Onanuga Olaronke Toyin Onanuga, 2016, "Do Financial and Trade Openness Lead to Financial Sector Development in Nigeria?," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, volume 19, issue 2, pages 57-68, November.
• Buchanan, Bonnie G., 2016, "Securitization: a financing vehicle for all seasons?," Bank of Finland Research Discussion Papers, Bank of Finland, number 31/2016.
• Brunnermeier, Markus Konrad & Langfield, Sam & Pagano, Marco & Reis, Ricardo & van Nieuwerburgh, Stijn & Vayanos, Dimitri, 2016, "ESBies: Safety in the tranches," CFS Working Paper Series, Center for Financial Studies (CFS), number 537, DOI: 10.2139/ssrn.2848283.
• Altavilla, Carlo & Pagano, Marco & Simonelli, Saverio, 2016, "Bank exposures and sovereign stress transmission," CFS Working Paper Series, Center for Financial Studies (CFS), number 539, DOI: 10.2139/ssrn.2848937.
• Yerrabati, Sridevi & Hawkes, Denise Donna, 2016, "Institutions and Investment in the South and East Asia and Pacific Region: Evidence from Meta-Analysis," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 10, pages 1-48, DOI: 10.5018/economics-ejournal.ja.2016-.
• Justine Pedrono & Aurélien Violon, 2016, "Banks' Capital Structure and US Dollar Diversification of Assets: Does Reduction in Systemic Risk Offset Agency Costs?," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1610, Jan.
• Justine Pedrono, 2016, "Currency Diversification of Banks: A Spontaneous Buffer Against Financial Losses," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1611, Jan.
• Luiza Loredana N?stase, 2016, "The Stability Of International Financial Markets Versus Emerging Economies Vulnerability," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, volume 1, issue 44, pages 160-167.
• Victor Mihaita Duta, 2016, "Banking Risk Management: An Increasingly Complex Process," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, volume 1, issue 18, pages 82-93, November.
• Marco Bardoscia & Stefano Battiston & Fabio Caccioli & Guido Caldarelli, 2016, "Pathways towards instability in financial networks," Papers, arXiv.org, number 1602.05883, Feb, revised Feb 2017.
• Hannah Cheng & Juan Zhan & William Rea & Alethea Rea, 2016, "Stock Selection as a Problem in Phylogenetics -- Evidence from the ASX," Papers, arXiv.org, number 1603.02354, Mar.
• Mark Kruger & Robert Lavigne & Julie McKay, 2016, "The Role of the International Monetary Fund in the Post-Crisis World," Discussion Papers, Bank of Canada, number 16-6, DOI: 10.34989/sdp-2016-6.
• Craig Benedict & Mario J. Crucini & Anthony Landry, 2016, "On What States Do Prices Depend? Answers from Ecuador," Staff Working Papers, Bank of Canada, number 16-43, DOI: 10.34989/swp-2017-43.
• Xisong Jin & Francisco Nadal De Simone, 2016, "Tracking Changes in the Intensity of Financial Sector's Systemic Risk," BCL working papers, Central Bank of Luxembourg, number 102, Oct.
• Luna Azahara Romo González, 2016, "The drivers of European banks’ US dollar debt issuance: opportunistic funding in times of crisis?," Working Papers, Banco de España, number 1611, Jul.
• Adrian van Rixtel & Luna Romo González & Jing Yang, 2016, "The determinants of long-term debt issuance by European banks: evidence of two crises," Working Papers, Banco de España, number 1621, Oct.
• Daniela Marconi & Lorenzo Bencivelli & Anna Marra & Alessandro Schiavone & Raffaele Tartaglia-Polcini, 2016, "Offshore RMB markets in Europe: prospects for greater financial integration between Europe and China," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 334, Jul.
• Rudolfs Bems & Julian di Giovanni, 2016, "Income-Induced Expenditure Switching," Working Papers, Barcelona School of Economics, number 922, Sep.
• Ryan Niladri Banerjee & Michael B Devereux & Giovanni Lombardo, 2016, "Self-oriented monetary policy, global financial markets and excess volatility of international capital flows," BIS Working Papers, Bank for International Settlements, number 540, Jan.
• Haifang Huang & Yao Tang, 2016, "How Did Exchange Rates Affect Employment In U.S. Cities?," Contemporary Economic Policy, Western Economic Association International, volume 34, issue 4, pages 678-697, October.
• Olivier Accominotti & Barry Eichengreen, 2016, "The mother of all sudden stops: capital flows and reversals in Europe, 1919–32," Economic History Review, Economic History Society, volume 69, issue 2, pages 469-492, May.
• Graciela Laura Kaminsky & Pablo Vega-García, 2016, "Systemic And Idiosyncratic Sovereign Debt Crises," Journal of the European Economic Association, European Economic Association, volume 14, issue 1, pages 80-114, February.
• Anne Epaulard & Aude Pommeret, 2016, "Financial Integration, Growth and Volatility," Pacific Economic Review, Wiley Blackwell, volume 21, issue 3, pages 330-357, August.
• Keun Yeong Lee, 2016, "Comovement of Won/Dollar Exchange Rates with Yen/Dollar Exchange Rates Revisited (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, volume 22, issue 1, pages 93-126, March.
• JaeBin Ahn & Chang-Gui Park & Chanho Park, 2016, "Pass-Through of Imported Input Prices to Domestic Producer Prices: Evidence from Sector-Level Data," Working Papers, Economic Research Institute, Bank of Korea, number 2016-2, Jan.
• Haslam Colin & Tsitsianis Nick & Hoinaru Razvan & Andersson Tord & Katechos George, 2016, "Stress Testing International Financial Reporting Standards (IFRS): Accounting for Stability and the Public Good in a Financialized World," Accounting, Economics, and Law: A Convivium, De Gruyter, volume 6, issue 2, pages 93-118, July, DOI: 10.1515/ael-2015-0006.
• Baltensperger Ernst, 2016, "Geldpolitik in großen und kleinen Währungsräumen – Was lehrt uns das Beispiel des Schweizer Frankens?: Thünen-Vorlesung 2016," Perspektiven der Wirtschaftspolitik, De Gruyter, volume 17, issue 4, pages 393-403, December, DOI: 10.1515/pwp-2016-0030.
• Ibrahima Sangaré, 2016, "Les pays d’Asie du Sud-Est ont-ils intérêt à stabiliser le taux de change face à des chocs externes ?," Revue économique, Presses de Sciences-Po, volume 67, issue 2, pages 227-262.
• Juan Carluccio & Julio Ramos-Tallada, 2016, "L’Argentine après le défaut : conditions d’accès aux marchés internationaux de capitaux et choix de politiques économiques « non conventionnelles »," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 153-178.
• Chad P. Bown & Meredith Crowley, 2016, "The Empirical Landscape of Trade Policy," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1624, Apr.
• Ludovit Odor & Pavol Povala, 2016, "Risk Premiums in Slovak Government Bonds," Discussion Papers, Council for Budget Responsibility, number Discussion Paper No. 3/20, Jun.
• Kuntal Das & Thomas Quirk, 2016, "Which Institutions Promote Growth? Revisiting the Evidence," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 16/03, Feb.
• Richard T. Froyen & Alfred V Guender, 2016, "What to Aim for? The Choice of an Inflation Objective When Openness Matters," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 16/09, Mar.
• Richard T. Froyen & Alfred V Guender, 2016, "The Real Exchange Rate in Open-Economy Taylor Rules: A Re-Assessment," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 16/10, Feb.
• Gourinchas, Pierre-Olivier & Philippon, Thomas & Vayanos, Dimitri, 2017, "The Analytics of the Greek Crisis," Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley, number qt2cg7m1gf, Jan.
• Caballero, Ricardo J & Farhi, Emmanuel & Gourinchas, Pierre-Olivier, 2016, "Safe Asset Scarcity and Aggregate Demand," Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley, number qt7cb7s8wr, May.
• Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2016, "China's capital flight: Pre- and post-crisis experiences," Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz, number qt1bv0n7db, Sep.
• Ricardo Reis, 2016, "Funding Quantitative Easing to Target Inflation," Discussion Papers, Centre for Macroeconomics (CFM), number 1626, Sep.
• Markus K. Brunnermeier & Sam Langfield & Marco Pagano & Ricardo Reis & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016, "ESBies: Safety in the tranches," Discussion Papers, Centre for Macroeconomics (CFM), number 1627, Sep.
• Mark J. Holmes & Jesús Otero, 2016, "On financial liberalization and long-run risk sharing," International Economics, CEPII research center, issue 148, pages 31-40.
• Andreas Hoefele & Tim Schmidt-Eisenlohr & Zhihong Yu, 2016, "Payment choice in international trade: Theory and evidence from cross-country firm-level data," Canadian Journal of Economics, Canadian Economics Association, volume 49, issue 1, pages 296-319, February, DOI: 10.1111/caje.12198.
• Óscar Andrés Espinosa Acuna, 2016, "Evaluación de pronósticos de las reservas internacionales netas en Colombia," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 15522, Jun.
• Santiago Gómez Cadavid & Ana Mar�a Segura Paz, 2016, "Los determinantes de las exportaciones manufactureras de la economía colombiana. El papel de la Inversión Extranjera Directa en el sector. 2000-2014," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 15523, Jun.
• Guido Sandleris, 2016, "The Costs of Sovereign Default: Theory and Empirical Evidence," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, volume 0, issue Spring 20, pages 1-27.
• Gourinchas, Pierre-Olivier & Caballero, Ricardo & Farhi, Emmanuel, 2016, "Safe Asset Scarcity and Aggregate Demand," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11170, Mar.
• Weder di Mauro, Beatrice & Faia, Ester, 2016, "Cross-Border Resolution of Global Banks: Bail in under Single Point of Entry versus Multiple Points of Entry," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11171, Mar.
• Konings, Jozef & Amiti, Mary & Itskhoki, Oleg, 2016, "International Shocks and Domestic Prices: How Large Are Strategic Complementarities?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11182, Mar.
• Bown, Chad & Crowley, Meredith A., 2016, "The Empirical Landscape of Trade Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11216, Apr.
• Pagano, Marco & Simonelli, Saverio & Altavilla, Carlo, 2016, "Bank Exposures and Sovereign Stress Transmission," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11269, May.
• Vayanos, Dimitri & Gourinchas, Pierre-Olivier & Philippon, Thomas, 2016, "The Analytics of the Greek Crisis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11334, Jun.
• Rey, Hélène & Gourinchas, Pierre-Olivier, 2016, "Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11503, Sep.
• Vayanos, Dimitri & Brunnermeier, Markus & Langfield, Sam & Pagano, Marco & Van Nieuwerburgh, Stijn, 2016, "ESBies: Safety in the Tranches," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11537, Sep.
• van der Ploeg, Frederick & Arezki, Rabah & Toscani, Frederik, 2016, "Shifting Frontiers in Global Resource Wealth: The Role of Policies and Institutions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11553, Oct.
• Hassan, Tarek & Mertens, Thomas M. & Zhang, Tony, 2016, "Currency Manipulation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11581, Oct.
• Martin, Julien & Lyonnet, Victor & Mejean, Isabelle, 2016, "Invoicing Currency and Financial Hedging," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11700, Dec.
• Nikolaos Giannellis & Minoas Koukouritakis, 2016, "Eurozone's Leader and its Followers: Are their Markets Integrated Enough?," Working Papers, University of Crete, Department of Economics, number 1607, Sep.
• Liutang Gong & Chan Wang & Heng-fu Zou, 2016, "Optimal monetary policy with international trade in intermediate inputs," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 604, Jul.
• Roy, Tirthankar, 2016, "The Monsoon and the Market for Money in Late-colonial India," Enterprise & Society, Cambridge University Press, volume 17, issue 2, pages 324-357, June.
• Christoph Große Steffen, 2016, "Interest Rate Lift-Off in the US: Moderate Impact to Date but Emerging Markets Should Brace Themselves," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, volume 6, issue 14, pages 155-162.
• Christoph Große Steffen, 2016, "Zinswende in den USA: Auswirkungen bisher moderat, Schwellenländer sollten sich aber wappnen," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 83, issue 14, pages 259-267.
• Paul Gretton, 2016, "Modelling the potential impacts of economic reform in a partnership between Australia and China," Governance Working Papers, East Asian Bureau of Economic Research, number 25630, Jun.
• Paul Gretton, 2016, "Modelling the potential impacts of economic reform in a partnership between Australia and China," Macroeconomics Working Papers, East Asian Bureau of Economic Research, number 25630, Jun.
• Paul Gretton, 2016, "Modelling the potential impacts of economic reform in a partnership between Australia and China," Trade Working Papers, East Asian Bureau of Economic Research, number 25630, Jun.
• Paul Gretton, 2016, "Modelling the potential impacts of economic reform in a partnership between Australia and China," EABER Working Papers, East Asian Bureau of Economic Research, number 25630, Jun.
• Sandrine Kablan & Khaled Guesmi, 2016, "Financial Integration and Japanese Stock market Performance," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 1064-1070.
• Maiko Koga, 2016, "Momentum trading behavior in the FX market: Evidence from Japanese retail investors," Economics Bulletin, AccessEcon, volume 36, issue 1, pages 92-96.
• Yoshiko Suzuki, 2016, "European banks' funding realignment during the European debt crisis: impact of counterparty risk and funding liquidity on FX swap pricing," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 696-703.
• Yannick Bineau, 2016, "Real exchange rate and bilateral trade balance of Cambodia: A panel investigation," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 895-900.
• Julian Donaubauer & Peter Nunnenkamp, 2016, "Is Aid for Infrastructure Effective? A Difference-in-Difference-in-Differences Approach," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 857-870.
• Mirzosaid Sultonov, 2016, "Dynamic conditional correlation and causality relationship among foreign exchange, stock and commodity markets: Evidence from 2014 Russian financial crisis," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 949-962.
• Jamal Bouoiyour & Refk Selmi & Aviral Kumar Tiwari & Olaolu Richard Olayeni, 2016, "What drives Bitcoin price?," Economics Bulletin, AccessEcon, volume 36, issue 2, pages 843-850.
• Jamal Bouoiyour & Refk Selmi, 2016, "Bitcoin: a beginning of a new phase?," Economics Bulletin, AccessEcon, volume 36, issue 3, pages 1430-1440.
• Jamal Bouoiyour & Refk Selmi, 2016, "Brexit concerns, UK and European equities: A lose-lose scenario?," Economics Bulletin, AccessEcon, volume 36, issue 3, pages 1686-1693.
• Dimitrios Dimitriou, 2016, "Greek debt negotiations and VIX currency indices: A HYGARCH approach," Economics Bulletin, AccessEcon, volume 36, issue 4, pages 2154-2160.
• Amit Ghosh, 2016, "Determinants of Gold Demand in Reserve Bank of India's foreign exchange reserve portfolio," Economics Bulletin, AccessEcon, issue 4, pages 1929-1937.
• Aurore Burietz & Loredana Ureche - Rangau, 2016, "A modern Dionysus' tale: new evidence on the Greek debt crisis and the related costs," Economics Bulletin, AccessEcon, volume 36, issue 4, pages 1938-1950.
• Sandeep Mazumder, 2016, "iPad Purchasing Parity: Farewell to the Big Mac Index," Economics Bulletin, AccessEcon, volume 36, issue 4, pages 2128-2136.
• Yu Hsing, 2016, "Is Real Depreciation Contractionary? The Case of South Korea," Economics Bulletin, AccessEcon, volume 36, issue 4, pages 1951-1958.
• Broos, Menno & Ghalanos, Michalis & Kennedy, Bernard & Landbeck, Alexander & Lerner, Christina & Menezes, Paula & Schiavone, Alessandro & Tilley, Thomas & Viani, Francesca & Reinhardt, Dennis & Metzem, 2016, "Dealing with large and volatile capital flows and the role of the IMF," Occasional Paper Series, European Central Bank, number 180, Sep.
• Özyurt, Selin, 2016, "Has the exchange rate pass through recently declined in the euro area?," Working Paper Series, European Central Bank, number 1955, Sep.
• Altavilla, Carlo & Pagano, Marco & Simonelli, Saverio, 2016, "Bank exposures and sovereign stress transmission," Working Paper Series, European Central Bank, number 1969, Oct.
• Frankel, Jeffrey & Saiki, Ayako, 2016, "Does It Matter If Statistical Agencies Frame the Month's CPI Report on a 1-Month or 12-Month Basis?," Working Paper Series, Harvard University, John F. Kennedy School of Government, number 16-011, Mar.
• He, Zhiguo & Krishnamurthy, Arvind & Milbradt, Konstantin, 2016, "What Makes US Government Bonds Safe Assets?," Research Papers, Stanford University, Graduate School of Business, number 3421, Jan.
• Hebert, Benjamin & Schreger, Jesse, 2016, "The Costs of Sovereign Default: Evidence from Argentina," Research Papers, Stanford University, Graduate School of Business, number 3456, May.
• Arfaoui Mongi & Haj Ali Dhouha, 2016, "Do Structural Breaks Affect Portfolio Designs and Hedging Strategies? International Evidence from Stock-Commodity Markets Linkages," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 1, pages 252-270.
• Kollmann, Robert & Vogel, Lukas, 2016, "Comments on “Market reforms in the time of imbalance” by M. Cacciatore, R. Duval, G. Fiori and F. Ghironi," Journal of Economic Dynamics and Control, Elsevier, volume 72, issue C, pages 94-97, DOI: 10.1016/j.jedc.2016.04.007.
• Cornand, Camille & Gandré, Pauline & Gimet, Céline, 2016, "Increase in home bias in the Eurozone debt crisis: The role of domestic shocks," Economic Modelling, Elsevier, volume 53, issue C, pages 445-469, DOI: 10.1016/j.econmod.2015.10.044.
• Sangaré, Ibrahima, 2016, "External shocks and exchange rate regimes in Southeast Asia: A DSGE analysis," Economic Modelling, Elsevier, volume 58, issue C, pages 365-382, DOI: 10.1016/j.econmod.2016.06.004.
• Liu, Yue, 2016, "Price dispersion across countries and the heterogeneous impacts of income differences," Economics Letters, Elsevier, volume 140, issue C, pages 64-67, DOI: 10.1016/j.econlet.2016.01.012.
• Ersal-Kiziler, Eylem, 2016, "International portfolio flows with growth shocks," Economics Letters, Elsevier, volume 141, issue C, pages 84-86, DOI: 10.1016/j.econlet.2016.02.008.
• Kido, Yosuke, 2016, "On the link between the US economic policy uncertainty and exchange rates," Economics Letters, Elsevier, volume 144, issue C, pages 49-52, DOI: 10.1016/j.econlet.2016.04.022.
• De Grauwe, Paul & Foresti, Pasquale, 2016, "Fiscal rules, financial stability and optimal currency areas," Economics Letters, Elsevier, volume 145, issue C, pages 278-281, DOI: 10.1016/j.econlet.2016.07.010.
• Du, Qingyuan & Wei, Shang-Jin, 2016, "A Darwinian perspective on “exchange rate undervaluation”," European Economic Review, Elsevier, volume 83, issue C, pages 111-138, DOI: 10.1016/j.euroecorev.2015.12.010.
• Kollmann, Robert & Pataracchia, Beatrice & Raciborski, Rafal & Ratto, Marco & Roeger, Werner & Vogel, Lukas, 2016, "The post-crisis slump in the Euro Area and the US: Evidence from an estimated three-region DSGE model," European Economic Review, Elsevier, volume 88, issue C, pages 21-41, DOI: 10.1016/j.euroecorev.2016.03.003.
• De Grauwe, Paul, 2016, "The legacy of the Eurozone crisis and how to overcome it," Journal of Empirical Finance, Elsevier, volume 39, issue PB, pages 147-155, DOI: 10.1016/j.jempfin.2016.01.015.
• Karanasos, Menelaos & Yfanti, Stavroula & Karoglou, Michail, 2016, "Multivariate FIAPARCH modelling of financial markets with dynamic correlations in times of crisis," International Review of Financial Analysis, Elsevier, volume 45, issue C, pages 332-349, DOI: 10.1016/j.irfa.2014.09.002.
• Sim, Nicholas, 2016, "Modeling the dependence structures of financial assets through the Copula Quantile-on-Quantile approach," International Review of Financial Analysis, Elsevier, volume 48, issue C, pages 31-45, DOI: 10.1016/j.irfa.2016.09.004.
• Smimou, K. & Khallouli, W., 2016, "On the intensity of liquidity spillovers in the Eurozone," International Review of Financial Analysis, Elsevier, volume 48, issue C, pages 388-405, DOI: 10.1016/j.irfa.2015.03.009.
• Thornton, John, 2016, "Inflation targeting in developing countries revisited," Finance Research Letters, Elsevier, volume 16, issue C, pages 145-153, DOI: 10.1016/j.frl.2015.10.024.
• Araujo, Gustavo Silva & Leão, Sérgio, 2016, "OTC derivatives: Impacts of regulatory changes in the non-financial sector," Journal of Financial Stability, Elsevier, volume 25, issue C, pages 132-149, DOI: 10.1016/j.jfs.2015.11.002.
• Espenlaub, Susanne & Goyal, Abhinav & Mohamed, Abdulkadir, 2016, "Impact of legal institutions on IPO survival: A global perspective," Journal of Financial Stability, Elsevier, volume 25, issue C, pages 98-112, DOI: 10.1016/j.jfs.2016.06.003.
• Goldberg, Linda S. & Tille, Cédric, 2016, "Micro, macro, and strategic forces in international trade invoicing: Synthesis and novel patterns," Journal of International Economics, Elsevier, volume 102, issue C, pages 173-187, DOI: 10.1016/j.jinteco.2016.07.004.
• Hassan, Fadi, 2016, "The price of development: The Penn–Balassa–Samuelson effect revisited," Journal of International Economics, Elsevier, volume 102, issue C, pages 291-309, DOI: 10.1016/j.jinteco.2016.07.009.
• Forbes, Kristin & Fratzscher, Marcel & Kostka, Thomas & Straub, Roland, 2016, "Bubble thy neighbour: Portfolio effects and externalities from capital controls," Journal of International Economics, Elsevier, volume 99, issue C, pages 85-104, DOI: 10.1016/j.jinteco.2015.12.010.
• Hassan, Tarek A. & Mertens, Thomas M. & Zhang, Tony, 2016, "Not so disconnected: Exchange rates and the capital stock," Journal of International Economics, Elsevier, volume 99, issue S1, pages 43-57, DOI: 10.1016/j.jinteco.2015.12.003.
• Holmes, Mark J. & Otero, Jesús, 2016, "On financial liberalization and long-run risk sharing," International Economics, Elsevier, volume 148, issue C, pages 31-40, DOI: 10.1016/j.inteco.2016.05.003.
• Banerjee, Anurag & Hung, Chi-Hsiou Daniel & Lo, Kai Lisa, 2016, "An anatomy of credit risk transfer between sovereign and financials in the Eurozone crisis," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 41, issue C, pages 102-120, DOI: 10.1016/j.intfin.2015.12.007.
• Beaulieu, Marie-Claude & Gagnon, Marie-Hélène & Khalaf, Lynda, 2016, "Less is more: Testing financial integration using identification-robust asset pricing models," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 45, issue C, pages 171-190, DOI: 10.1016/j.intfin.2016.07.007.
• Bergbrant, Mikael C. & Campbell, Kaysia T. & Hunter, Delroy M. & Owers, James E., 2016, "Does deposit insurance retard the development of non-bank financial markets?," Journal of Banking & Finance, Elsevier, volume 66, issue C, pages 102-125, DOI: 10.1016/j.jbankfin.2016.01.013.
• Cuciniello, Vincenzo & Lambertini, Luisa, 2016, "Optimal exchange rate flexibility with large labor unions," Journal of International Money and Finance, Elsevier, volume 63, issue C, pages 112-136, DOI: 10.1016/j.jimonfin.2016.01.001.
• Gong, Liutang & Wang, Chan & Zou, Heng-fu, 2016, "Optimal monetary policy with international trade in intermediate inputs," Journal of International Money and Finance, Elsevier, volume 65, issue C, pages 140-165, DOI: 10.1016/j.jimonfin.2016.03.007.
• Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2016, "China's capital flight: Pre- and post-crisis experiences," Journal of International Money and Finance, Elsevier, volume 66, issue C, pages 88-112, DOI: 10.1016/j.jimonfin.2015.12.009.
• Banerjee, Ryan & Devereux, Michael B. & Lombardo, Giovanni, 2016, "Self-oriented monetary policy, global financial markets and excess volatility of international capital flows," Journal of International Money and Finance, Elsevier, volume 68, issue C, pages 275-297, DOI: 10.1016/j.jimonfin.2016.02.007.
• Ince, Onur & Molodtsova, Tanya & Papell, David H., 2016, "Taylor rule deviations and out-of-sample exchange rate predictability," Journal of International Money and Finance, Elsevier, volume 69, issue C, pages 22-44, DOI: 10.1016/j.jimonfin.2016.06.002.
• Evans, Martin D.D. & Rime, Dagfinn, 2016, "Order flow information and spot rate dynamics," Journal of International Money and Finance, Elsevier, volume 69, issue C, pages 45-68, DOI: 10.1016/j.jimonfin.2016.06.018.
• Montinari, Letizia & Stracca, Livio, 2016, "Trade, finance or policies: What drives the cross-border spill-over of business cycles?," Journal of Macroeconomics, Elsevier, volume 49, issue C, pages 131-148, DOI: 10.1016/j.jmacro.2016.06.001.
• Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2016, "Tax multipliers: Pitfalls in measurement and identification," Journal of Monetary Economics, Elsevier, volume 79, issue C, pages 30-48, DOI: 10.1016/j.jmoneco.2016.03.003.
• Kwabi, Frank & Faff, Robert & Marshall, Andrew & Thapa, Chandra, 2016, "Sub-optimal international portfolio allocations and the cost of capital," Journal of Multinational Financial Management, Elsevier, volume 35, issue C, pages 41-58, DOI: 10.1016/j.mulfin.2016.04.001.
• Vithessonthi, Chaiporn & Kumarasinghe, Sriyalatha, 2016, "Financial development, international trade integration, and stock market integration: Evidence from Asia," Journal of Multinational Financial Management, Elsevier, volume 35, issue C, pages 79-92, DOI: 10.1016/j.mulfin.2016.03.001.
• Hamdaoui, Mekki, 2016, "Are systemic banking crises in developed and developing countries predictable?," Journal of Multinational Financial Management, Elsevier, volume 37, issue , pages 114-138, DOI: 10.1016/j.mulfin.2016.09.002.
• Frey, Rainer, 2016, "Multinational banks’ deleveraging in the Global Financial Crisis," Journal of Multinational Financial Management, Elsevier, volume 37, issue , pages 90-113, DOI: 10.1016/j.mulfin.2016.10.002.
• Boubaker, Sabri & Jouini, Jamel & Lahiani, Amine, 2016, "Financial contagion between the US and selected developed and emerging countries: The case of the subprime crisis," The Quarterly Review of Economics and Finance, Elsevier, volume 61, issue C, pages 14-28, DOI: 10.1016/j.qref.2015.11.001.
• Duncan, Roberto, 2016, "Does the US current account show a symmetric behavior over the business cycle?," International Review of Economics & Finance, Elsevier, volume 41, issue C, pages 202-219, DOI: 10.1016/j.iref.2015.08.011.
• Tiwari, Aviral Kumar & Mutascu, Mihai Ioan & Albulescu, Claudiu Tiberiu, 2016, "Continuous wavelet transform and rolling correlation of European stock markets," International Review of Economics & Finance, Elsevier, volume 42, issue C, pages 237-256, DOI: 10.1016/j.iref.2015.12.002.
• Hu, May & Li, Yunfeng & Yang, Jingjing & Chao, Chi-Chur, 2016, "Actual intervention and verbal intervention in the Chinese RMB exchange rate," International Review of Economics & Finance, Elsevier, volume 43, issue C, pages 499-508, DOI: 10.1016/j.iref.2016.01.011.
• Apostolakis, George, 2016, "Spreading crisis: Evidence of financial stress spillovers in the Asian financial markets," International Review of Economics & Finance, Elsevier, volume 43, issue C, pages 542-551, DOI: 10.1016/j.iref.2016.02.002.
• Khan, Habib Hussain & Ahmad, Rubi Binti & Gee, Chan Sok, 2016, "Bank competition and monetary policy transmission through the bank lending channel: Evidence from ASEAN," International Review of Economics & Finance, Elsevier, volume 44, issue C, pages 19-39, DOI: 10.1016/j.iref.2016.03.003.
• Abu-Ghunmi, Diana & Larkin, Charles, 2016, "The economic opportunity cost for countries located in crisis zones: Evidence from the Middle East," Research in International Business and Finance, Elsevier, volume 36, issue C, pages 532-542, DOI: 10.1016/j.ribaf.2015.10.010.
• Teplova, Tamara V. & Rodina, Victoria A., 2016, "Does stock exchange consolidation improve market liquidity? A study of stock exchange acquisition in Russia," Research in International Business and Finance, Elsevier, volume 37, issue C, pages 375-390, DOI: 10.1016/j.ribaf.2016.01.016.
• Yarovaya, Larisa & Lau, Marco Chi Keung, 2016, "Stock market comovements around the Global Financial Crisis: Evidence from the UK, BRICS and MIST markets," Research in International Business and Finance, Elsevier, volume 37, issue C, pages 605-619, DOI: 10.1016/j.ribaf.2016.01.023.
• Maghyereh, Aktham I. & Awartani, Basel, 2016, "Dynamic transmissions between Sukuk and bond markets," Research in International Business and Finance, Elsevier, volume 38, issue C, pages 246-261, DOI: 10.1016/j.ribaf.2016.04.016.
• Pak, Olga & Kretzschmar, Gavin Lee, 2016, "Western sanctions—Only half the challenge to Russia’s economic union," Research in International Business and Finance, Elsevier, volume 38, issue C, pages 577-592, DOI: 10.1016/j.ribaf.2016.07.009.
• Robert Kollmann & Beatrice Pataracchia & Rafal Raciborski & Marco Ratto & Werner Roeger & Lukas Vogel, 2016, "The Post-Crisis Slump in the Euro Area and the US: Evidence from an Estimated Three-Region DSGE Model," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-10, Feb.
• Craig Benedict & Mario Crucini & Anthony Landry, 2016, "On What States Do Prices Depend? Answers From Ecuador," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2016-51, Aug.
• Ahluwalia, Montek Singh & Summers, Lawrence & Velasco, Andres & Birdsall, Nancy & Morris, Scott, 2016, "Multilateral development banking for this century’s development challenges: five recommendations to shareholders of the old and new multilateral development banks," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 102432, Oct.
• Pinzur, David, 2016, "Making the grade: infrastructural semiotics and derivative market outcomes on the Chicago Board of Trade and New Orleans Cotton Exchange, 1856–1909," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 102988, Dec.
• Gong, Rui & Page, Frank, 2016, "Shadow banks and systemic risks," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 105809, Feb.
• Ryan, John, 2016, "The Greek Euro tragedy," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 107561, Nov.
• Sandleris, Guido, 2016, "The costs of sovereign default: theory and empirical evidence," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 123224, Apr.
• Ferreira, Daniel & Kittsteiner, Thomas, 2016, "When does competition foster commitment?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 62746, Nov.
• Benedetti, Giuseppe & Campi, Luciano, 2016, "Utility indifference valuation for non-smooth payoffs with an application to power derivatives," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 63016, Apr.
• Çetin, Umut & Danilova, Albina, 2016, "Markovian Nash equilibrium in financial markets with asymmetric information and related forward-backward systems," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 63259, Aug.
• Paterson, Sarah, 2016, "Rethinking corporate bankruptcy theory in the twenty-first century," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 63496, Dec.
• Fankhauser, Samuel & Sahni, Aditi & Savvas, Annie & Ward, John, 2016, "Where are the gaps in climate finance?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 64179.
• Zhiguo, He & Kondor, Peter, 2016, "Inefficient investment waves," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 64412, Mar.
• Eyckmans, Johan & Fankhauser, Sam & Kverndokk, Snorre, 2016, "Development aid and climate finance," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 64454, Feb.