Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ F: International Economics
/ / F4: Macroeconomic Aspects of International Trade and Finance
/ / / F41: Open Economy Macroeconomics

2022

• Kris James Mitchener & Gonçalo Pina, 2022, "Causal Effects of Countercyclical Interest Rates: Evidence from the Classical Gold Standard," CESifo Working Paper Series, CESifo, number 9716.
• Ding Ding & Yannick Timmer, 2022, "Exchange Rate Elasticities of International Tourism and the Role of Dominant Currency Pricing," CESifo Working Paper Series, CESifo, number 9743.
• Refet S. Gürkaynak & Burcin Kisacikoglu & Sang Seok Lee, 2022, "Exchange Rate and Inflation under Weak Monetary Policy: Turkey Verifies Theory," CESifo Working Paper Series, CESifo, number 9748.
• Saroj Bhattarai & Konstantin Kucheryavyy, 2022, "Aggregate Properties of Open Economy Models with Expanding Varieties," CESifo Working Paper Series, CESifo, number 9870.
• Yin-Wong Cheung & Wenhao Wang, 2022, "Commodity Price Effects on Currencies," CESifo Working Paper Series, CESifo, number 9967.
• Sami Alpanda & Uluc Aysun & Serdar Kabaca, 2022, "International Portfolio Rebalancing and Fiscal Policy Spillovers," Working Papers, University of Central Florida, Department of Economics, number 2022-01, May.
• Oleg Itskhoki & Dmitry Mukhin, 2022, "Sanctions and the Exchange Rate," Discussion Papers, Centre for Macroeconomics (CFM), number 2206, May.
• Jenny Chan & Sebastian Diz & Derrick Kanngiesser, 2022, "Energy Prices and Household Heterogeneity: Monetary Policy in a Gas-TANK," Discussion Papers, Centre for Macroeconomics (CFM), number 2216, Oct.
• Damian Romero, 2022, "Domestic Linkages and the Transmission of Commodity Price Shocks," Working Papers Central Bank of Chile, Central Bank of Chile, number 936, Jan.
• Juan Herreño & Carlos Rondón-Moreno, 2022, "Overborrowing and Systemic Externalities in the Business Cycle Under Imperfect Information," Working Papers Central Bank of Chile, Central Bank of Chile, number 940, Mar.
• Francesco Grigoli & Emiliano Luttini & Damiano Sandri, 2022, "Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market," Working Papers Central Bank of Chile, Central Bank of Chile, number 943, Mar.
• Miguel Acosta-Henao & Andrés Fernández & Patricia Gomez-Gonzalez & Sebnem Kalemli-Ozcan, 2025, "Firm Financing During Sudden Stops: Can Governments Substitute Markets?," Working Papers Central Bank of Chile, Central Bank of Chile, number 967, Apr.
• Philippe Bacchetta & Eric van Wincoop & Eric R. Young, 2022, "Infrequent Random Portfolio Decisions in an Open Economy Model," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 22-10, Jan.
• Angella Faith Montfaucon, 2022, "Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs: Evidence from Malawian Imports from the EU," International Economics, CEPII research center, issue 169, pages 191-207.
• Daragh Clancy & Lorenzo Ricci, 2022, "Economic sentiments and international risk sharing," International Economics, CEPII research center, issue 169, pages 208-229.
• Clemens C. Struck, 2022, "Wealth, price levels, and product quality," International Economics, CEPII research center, issue 170, pages 32-48.
• Jihene Jebeniani & Jamel Trabelsi, 2022, "Effects of the business cycle on real exchange rate misalignments with respect to exchange rate regimes," International Economics, CEPII research center, issue 170, pages 92-102.
• Fernando Borraz & Leandro Zipitría, 2022, "Varieties as a Source of Law of One Price Deviations," International Economics, CEPII research center, issue 172, pages 1-14.
• Ricardo Andrés Troncoso Sepúlveda, 2022, "Shocks de precios y términos de intercambio para commodities: el caso de Ecuador," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 14, issue 1, pages 75-98.
• Bušs, Ginters & Grüning, Patrick & Tkačevs, Oļegs, 2022, "Choosing the European Fiscal Rule," Dynare Working Papers, CEPREMAP, number 75, Jul.
• Das, Mitali & Gopinath, Gita & Kalemli-Özcan, á¹¢ebnem, 2022, "Preemptive Policies and Risk-Off Shocks in Emerging Markets," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16899, Jan.
• Gürkaynak, Refet & Lee, Sang Seok & , & Pyun, Ju Hyun, 2022, "Output Concerns and Precautionary Savings in Emerging Markets' Debt and Reserve Accumulation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16969, Jan.
• Fornaro, Luca & Romei, Federica, 2022, "Monetary Policy during Unbalanced Global Recoveries," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16971, Jan.
• Adrian, Tobias & Erceg, Christopher J. & Kolasa, Marcin & Lindé, Jesper & Zabczyk, Pawel, 2022, "Managing Monetary Tradeoffs in Vulnerable Open Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16972, Jan.
• Auer, Raphael & Burstein, Ariel Tomas & Lein, Sarah & Vogel, Jonathan, 2022, "Unequal expenditure switching: Evidence from Switzerland," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17054, Mar.
• Budí-Ors, Tomás & Pijoan-Mas, Josep, 2022, "Macroeconomic Development, Rural Exodus, and Uneven Industrialization," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17086, Mar.
• Gourinchas, Pierre-Olivier & Ray, Walker & Vayanos, Dimitri, 2022, "A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17119, Mar.
• Dvorkin, Maximiliano & Sanchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2022, "Improving Sovereign Debt Restructurings," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17223, Apr.
• Mitchener, Kris & Goncalo, Pina, 2022, "Causal Effects of Countercyclical Interest Rates: Evidence from the Classical Gold Standard," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17236, Apr.
• Gürkaynak, Refet & KısacıkoÄŸlu, Burçin & Lee, Sang Seok, 2022, "Exchange Rate and Inflation under Weak Monetary Policy: Turkey Verifies Theory," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17248, Apr.
• Freitag, Andreas & Lein, Sarah, 2022, "Endogenous Product Adjustment and Exchange Rate Pass-Through," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17250, Apr.
• Itskhoki, Oleg & Mukhin, Dmitry, 2022, "Sanctions and the Exchange Rate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17277, May.
• Bui, Ha & Huo, Zhen & Levchenko, Andrei & Pandalai-Nayar, Nitya, 2022, "Information Frictions and News Media in Global Value Chains," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17296, May.
• Fang, Xiang & Hardy, Bryan & Lewis, Karen K., 2022, "Who Holds Sovereign Debt and Why It Matters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17338, May.
• Aggarwal, Rishabh & Auclert, Adrien & Rognlie, Matthew & Straub, Ludwig, 2022, "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17397, Jun.
• Akinci, Ozge & Kalemli-Özcan, á¹¢ebnem & Queralto, Albert, 2022, "Uncertainty Shocks, Capital Flows, and International Risk Spillovers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17472, Jul.
• Corsetti, Giancarlo & Mackowiak, Bartosz, 2022, "Gambling to Preserve Price (and Fiscal) Stability," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17588, Oct.
• Lewis, Karen K. & Liu, Edith X., 2022, "How Can Asset Prices Value Exchange Rate Wedges?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17596, Oct.
• Bengui, Julien & Coulibaly, Louphou, 2022, "Inflation and Capital Flows," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 17661, Nov.
• Pierri, Damian Rene & Seoane, Hernán, 2022, "An ergodic theory of sovereign default," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 36164, Dec.
• Yilmazkuday, Hakan, 2022, "Unequal Exchange Rate Pass-Through Across Income Groups," Macroeconomic Dynamics, Cambridge University Press, volume 26, issue 3, pages 682-725, April.
• Clark JOHNSON, 2022, "From Keynes’ Clearing Union to the Euro-zone and the Renminbi," Journal of Economics Library, EconSciences Journals, volume 9, issue 4, pages 198-214, December.
• Angélica Domínguez-Cardoza & Adelina Garamow & Josefin Meyer, 2022, "Global Commodity Markets and Sovereign Risk across 150 Years," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 2020.
• Emter, Lorenz & Fidora, Michael & Pastoris, Fausto & Schmitz, Martin, 2022, "Euro area linkages with Russia: latest insights from the balance of payments," Economic Bulletin Boxes, European Central Bank, volume 7.
• Ferrari Minesso, Massimo & Gräb, Johannes, 2022, "E pluribus plures: shock dependency of the USD pass-through to real and financial variables," Working Paper Series, European Central Bank, number 2684, Jul.
• Carvalho, Daniel & Schmitz, Martin, 2022, "Brexit, what Brexit? Euro area portfolio exposures to the United Kingdom since the Brexit referendum," Working Paper Series, European Central Bank, number 2734, Sep.
• Anaya Longaric, Pablo, 2022, "Foreign currency exposure and the financial channel of exchange rates," Working Paper Series, European Central Bank, number 2739, Oct.
• Albert Mbulaheni Dagume, 2022, "Exchange Rate Volatility and Macroeconomic Variables in South Africa," International Journal of Economics and Financial Issues, Econjournals, volume 12, issue 6, pages 1-14, November.
• Vicente Esteve & María A. Prats, 2022, "Can a country borrow forever? The unsustainable trajectory of international debt: the case of Spain," Working Papers, Department of Applied Economics II, Universidad de Valencia, number 2202, Mar.
• Luangaram, Pongsak & Thepmongkol, Athakrit, 2022, "Loan-to-value policy in a bubble-creation economy," Journal of Asian Economics, Elsevier, volume 79, issue C, DOI: 10.1016/j.asieco.2021.101433.
• Heipertz, Jonas & Mihov, Ilian & Santacreu, Ana Maria, 2022, "Managing macroeconomic fluctuations with flexible exchange rate targeting," Journal of Economic Dynamics and Control, Elsevier, volume 135, issue C, DOI: 10.1016/j.jedc.2022.104311.
• Choi, Sangyup & Shin, Junhyeok & Yoo, Seung Yong, 2022, "Are government spending shocks inflationary at the zero lower bound? New evidence from daily data," Journal of Economic Dynamics and Control, Elsevier, volume 139, issue C, DOI: 10.1016/j.jedc.2022.104423.
• Dvorkin, Maximiliano & Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2022, "Improving sovereign debt restructurings," Journal of Economic Dynamics and Control, Elsevier, volume 139, issue C, DOI: 10.1016/j.jedc.2022.104435.
• Bandeira, Guilherme & Caballé, Jordi & Vella, Eugenia, 2022, "Emigration and fiscal austerity in a depression," Journal of Economic Dynamics and Control, Elsevier, volume 144, issue C, DOI: 10.1016/j.jedc.2022.104539.
• Bonfatti, Andrea & İmrohoroğlu, Selahattin & Kitao, Sagiri, 2022, "Japan and the allocation puzzle in an aging world," Journal of Economic Dynamics and Control, Elsevier, volume 145, issue C, DOI: 10.1016/j.jedc.2022.104544.
• Kumar, Sanjiv & Prabheesh, K.P. & Bashar, Omar, 2022, "Examining the effectiveness of macroprudential policy in India," Economic Analysis and Policy, Elsevier, volume 75, issue C, pages 91-113, DOI: 10.1016/j.eap.2022.04.011.
• De, Kuhelika & Compton, Ryan A. & Giedeman, Daniel C., 2022, "Oil shocks and the U.S. economy in a data-rich model," Economic Modelling, Elsevier, volume 108, issue C, DOI: 10.1016/j.econmod.2022.105755.
• Audzei, Volha & Brůha, Jan, 2022, "A model of the Euro area, China, and the United States: Trade links and trade wars," Economic Modelling, Elsevier, volume 111, issue C, DOI: 10.1016/j.econmod.2022.105831.
• Cuitiño, María Fernanda & Medina, Juan Pablo & Zacheo, Laura, 2022, "Conditional exchange rate pass-through and monetary policy credibility: Insights from Uruguay and Chile," Economic Modelling, Elsevier, volume 114, issue C, DOI: 10.1016/j.econmod.2022.105926.
• Büyükbaşaran, Tayyar & Karasoy-Can, Gökçe & Küçük, Hande, 2022, "Macroeconomic effects of bank lending in an emerging economy: Evidence from Turkey," Economic Modelling, Elsevier, volume 115, issue C, DOI: 10.1016/j.econmod.2022.105946.
• Sungurtekin Hallam, Bahar, 2022, "Emerging market responses to external shocks: A cross-country analysis," Economic Modelling, Elsevier, volume 115, issue C, DOI: 10.1016/j.econmod.2022.105948.
• Zhang, Chen & Fang, Ying & Niu, Linlin, 2022, "Changing anchor of the renminbi: A Bayesian learning approach to the decade-long transition," Economic Modelling, Elsevier, volume 116, issue C, DOI: 10.1016/j.econmod.2022.106032.
• Yildirim, Zekeriya, 2022, "Global financial risk, the risk-taking channel, and monetary policy in emerging markets," Economic Modelling, Elsevier, volume 116, issue C, DOI: 10.1016/j.econmod.2022.106042.
• Irina-Marilena, Ban, 2022, "Introducing house prices to the intertemporal current account model: An application to the European Union," Economic Modelling, Elsevier, volume 117, issue C, DOI: 10.1016/j.econmod.2022.106061.
• Lebre DE Freitas, Miguel, 2022, "International currency substitution and the demand for money in the euro area," Economic Modelling, Elsevier, volume 117, issue C, DOI: 10.1016/j.econmod.2022.106064.
• Garcia-Barragan, Fernando & Liu, Guangling, 2022, "A new approach to capital control for emerging market economies," The North American Journal of Economics and Finance, Elsevier, volume 61, issue C, DOI: 10.1016/j.najef.2022.101696.
• Hatchondo, Juan Carlos & Martinez, Leonardo & Roch, Francisco, 2022, "Numerical fiscal rules for economic unions: The role of sovereign spreads," Economics Letters, Elsevier, volume 210, issue C, DOI: 10.1016/j.econlet.2021.110168.
• Murota, Ryu-ichiro, 2022, "The effect of a decline in the world real interest rate on a small open economy experiencing persistent stagnation," Economics Letters, Elsevier, volume 216, issue C, DOI: 10.1016/j.econlet.2022.110588.
• Ma, Yong & Jiang, Yiqing & Yao, Chi, 2022, "Trade openness, financial openness, and macroeconomic volatility," Economic Systems, Elsevier, volume 46, issue 1, DOI: 10.1016/j.ecosys.2021.100934.
• Afonso, António & Coelho, José Carlos, 2022, "The role of fiscal policies for external imbalances: Evidence from the European Union," Economic Systems, Elsevier, volume 46, issue 2, DOI: 10.1016/j.ecosys.2022.100985.
• Ilori, Ayobami E. & Paez-Farrell, Juan & Thoenissen, Christoph, 2022, "Fiscal policy shocks and international spillovers," European Economic Review, Elsevier, volume 141, issue C, DOI: 10.1016/j.euroecorev.2021.103969.
• Faltermeier, Julia & Lama, Ruy & Medina, Juan Pablo, 2022, "Foreign exchange intervention for commodity booms and busts," European Economic Review, Elsevier, volume 143, issue C, DOI: 10.1016/j.euroecorev.2021.104018.
• Loipersberger, Florian & Matschke, Johannes, 2022, "Financial cycles and domestic policy choices," European Economic Review, Elsevier, volume 143, issue C, DOI: 10.1016/j.euroecorev.2022.104034.
• Bergin, Paul R., 2022, "Currency undervaluation and comparative advantage," European Economic Review, Elsevier, volume 150, issue C, DOI: 10.1016/j.euroecorev.2022.104316.

2021

• Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2021, "Sovereign Debt Restructurings," American Economic Journal: Macroeconomics, American Economic Association, volume 13, issue 2, pages 26-77, April, DOI: 10.1257/mac.20190220.
• David Kohn & Fernando Leibovici & Håkon Tretvoll, 2021, "Trade in Commodities and Business Cycle Volatility," American Economic Journal: Macroeconomics, American Economic Association, volume 13, issue 3, pages 173-208, July, DOI: 10.1257/mac.20180131.
• Sina T. Ates & Felipe E. Saffie, 2021, "Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection," American Economic Journal: Macroeconomics, American Economic Association, volume 13, issue 3, pages 304-356, July, DOI: 10.1257/mac.20180014.
• José Luis Navarrete & Sergio Barone & Ricardo Descalzi, 2021, "Midiendo el "efecto umbral" de los términos de intercambio sobre los flujos de entrada de IED: el papel de la tasa de dependencia," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4496, Nov.
• Gabriel Palazzo, 2021, "Elasticidades macroeconómicas desagregadas del comercio exterior de Argentina," Asociación Argentina de Economía Política: Working Papers, Asociación Argentina de Economía Política, number 4504, Nov.
• Flávio Vilela Vieira & Valdecy Caetano de Sousa Junior, 2021, "Exchange Rate Pass-Through To Inflation For The Brazilian Economy (2003-2019): Ardl Models," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, volume 18, issue spe, pages 39-66, special i, DOI: 10.5935/1808-2785/rem.v18nespp.39-6.
• Türker Batmaz, 2021, "Türkiye’nin Üretim ve Dış Ticaret Yapısındaki Gelişimin Seyri (2010-2019)," Journal of Research in Economics, Politics & Finance, Ersan ERSOY, volume 6, issue 3, pages 774-804, DOI: 10.30784/epfad.1016025.
• Giancarlo Corsetti & Keith Kuester & Gernot J. Müller & Sebastian Schmidt, 2021, "The Exchange Rate Insulation Puzzle," ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany, number 060, Jan.
• Ayºegül Karataº & Halil ªimdi & Büºra Garip, 2021, "Correlation between misinvoicing and non-tariff measures for Turkey's exports to the EU," Acta Oeconomica, Akadémiai Kiadó, Hungary, volume 71, issue 2, pages 327-346, June, DOI: 10.1556/032.2021.00016.
• Aneta Kosztowniak, 2021, "Reinvestment of earnings in Polish FDI inflows," Acta Oeconomica, Akadémiai Kiadó, Hungary, volume 71, issue 3, pages 465-485, September, DOI: 10.1556/032.2021.00023.
• Gabriel Montes-Rojas & Fernando Toledo, 2021, "Shocks externos y tensiones inflacionarias en argentina: una aproximación empírica poskeynesiana-estructuralista," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), number 2021-64, Jun.
• Nirvana Mitra, 2021, "Political Constraints and Sovereign Default Premia," Working Papers, Shiv Nadar University, Department of Economics, number 2021-01, Jan.
• Oleg Itskhoki, 2021, "The Story of the Real Exchange Rate," Annual Review of Economics, Annual Reviews, volume 13, issue 1, pages 423-455, August, DOI: 10.1146/annurev-economics-080218-02.
• Оспанов Нурлан // Ospanov Nurlan & Алмагамбетова Меруерт // Almagambetova Meruyert & Құратова Ақбөпе // Kuratova Akbope & Тұрабай Бердібек // Turabai Berdibek & Сейдахметова Клара // Seidakhmetova Kla, 2021, "Анализ потоков в финансовом счете по секторам экономики // Analysis of the capital account flows by the economy sectors," Working Papers, National Bank of Kazakhstan, number #2021-6.
• Eduardo Levi Yeyati & Juan Francisco Gómez, 2021, "The cost of holding foreign exchange reserves," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 48, Mar.
• Sewon Hur & César Sosa-Padilla & Zeynep Yom, 2021, "Optimal bailouts in banking and sovereign crises," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 51, Apr.
• Juan Carlos Hatchondo & Leonardo Martínez & César Sosa-Padilla, 2021, "Sovereign debt standstills," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 66, Apr.
• César Sosa-Padilla & Federico Sturzenegger, 2021, "Does It Matter How Central Banks Accumulate Reserves? Evidence from Sovereign Spreads," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 79, Jul.
• Joao Ayres & Constantino Hevia & Juan Pablo Nicolini, 2021, "Real Exchange Rates and Primary Commodity Prices: Mussa Meets Backus-Smith," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 89, Oct.
• Florencia S. Airaudo & Hernán D. Seoane, 2021, "The Trend-cycle Connection," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 97, Dec.
• Esteban Méndez-Chacón, 2021, "The Adequate and Optimal Level of Foreign Reserves for Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2102, Feb.
• Daisuke Ida & Hirokuni Iiboshi, 2021, "The international forward guidance transmission under a global liquidity trap," Papers, arXiv.org, number 2103.12503, Mar, revised Aug 2024.
• Jorge Carrera & Gabriel Montes-Rojas & Fernando Toledo, 2021, "Global Financial Cycle, Commodity Terms of Trade and Financial Spreads in Emerging Markets and Developing Economies," Papers, arXiv.org, number 2112.04218, Dec.
• Vusal Gasimli & Vusala Jafarova, 2021, "The Equilibrium Real Exchange Rate in a Commodity-Exporting Country: Azerbaijan's Experience," The Scientific-Analytical Journal "Economic Reforms", Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan, volume 2021, issue 1, pages 7-26, December, DOI: 10.30546/2790-2196.2.11.2025.1001.
• Tetiana Melnyk & Nataliia Mazaraki & Kateryna Pugachevska, 2021, "Development Of National Economies In The Conditions Of Pandemics," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", volume 7, issue 1, DOI: 10.30525/2256-0742/2021-7-1-69-76.
• Paul Corrigan & Hélène Desgagnés & José Dorich & Vadym Lepetyuk & Wataru Miyamoto & Yang Zhang, 2021, "ToTEM III: The Bank of Canada’s Main DSGE Model for Projection and Policy Analysis," Technical Reports, Bank of Canada, number 119, DOI: 10.34989/tr-119.
• Galip Kemal Ozhan, 2021, "News-Driven International Credit Cycles," Staff Working Papers, Bank of Canada, number 21-66, Dec, DOI: 10.34989/swp-2021-66.
• José Luis Oreiro & Luciano Dias de Carvalho & Luciano Ferreira Gabriel & Evaldo Henrique da Silva, 2021, "Flexible Inflation Targeting, Real Exchange Rate and Structural Change in a Kaldorian Model with Balance of Payments Constrained Growth," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, volume 1, issue 78, pages 47-82, November.
• Arslan Razmi, 2021, "Relative Quantities and Prices in Small and Open Developing Economies," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, volume 1, issue 78, pages 83-112, November.
• Eduardo Gutiérrez & César Martín Machuca, 2021, "The effect of tariffs on Spanish goods exports," Working Papers, Banco de España, number 2121, May.
• Alejandro Buesa & Javier J. Pérez & Daniel Santabárbara, 2021, "Awareness of pandemics and the impact of COVID-19," Working Papers, Banco de España, number 2123, May.
• Valerio Della Corte & Claire Giordano, 2021, "Methodological issues in the estimation of current account imbalances," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 617, Apr.
• De la Peña Rogelio, 2021, "Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule," Working Papers, Banco de México, number 2021-01, Apr.
• Alba Carlos & Cuadra Gabriel & Hernández Juan R. & Ibarra-Ramírez Raúl, 2021, "Capital Flows to Emerging Economies and Global Risk Aversion during the COVID-19 Pandemic," Working Papers, Banco de México, number 2021-17, Oct.
• Hernández Vega Marco A., 2021, "Tariffs and Macroeconomic Dynamics," Working Papers, Banco de México, number 2021-25, Dec.
• Dayra Garrido-Tejada & Sergio Restrepo-Ángel & Hernán Rincón-Castro, 2021, "Déficit gemelos en Colombia: ¿existen? ¿Qué causa qué? ¿Cuál es el grado de impacto?," Borradores de Economia, Banco de la Republica de Colombia, number 1186, Dec, DOI: 10.32468/be.1186.
• Marie-Pierre Hory & Grégory Levieuge & Daria Onori, 2021, "Public spending, currency mismatch and financial frictions," Working papers, Banque de France, number 813.
• Michael Wolf & Gianluca Benigno & Luca Fornaro, 2021, "Reserve Accumulation, Growth and Financial Crises," Working Papers, Barcelona School of Economics, number 1279, Jul.
• Ömer Doru & Mehmet Dabakoglu, 2021, "Seçilmis Ülkelerde Yüksek Teknolojili Ürün İhracatı ve Ekonomik Büyüme İliskisi," Bingol University Journal of Economics and Administrative Sciences, Bingol University, Faculty of Economics and Administrative Sciences, volume 5, issue 2, pages 295-313, December, DOI: https://doi.org/10.33399/biibfad.88.
• Matteo Maggiori, 2021, "FX policy when financial markets are imperfect," BIS Working Papers, Bank for International Settlements, number 942, May.
• Shesadri Banerjee & M S Mohanty, 2021, "US monetary policy and the financial channel of the exchange rate: evidence from India," BIS Working Papers, Bank for International Settlements, number 945, May.
• Enrique Alberola-Ila & Carlos Cantú & Paolo Cavallino & Nikola Mirkov, 2021, "Fiscal regimes and the exchange rate," BIS Working Papers, Bank for International Settlements, number 950, Jun.
• Giancarlo Corsetti & Anna Lipínska & Giovanni Lombardo, 2021, "Sharing asymmetric tail risk smoothing, asset pricing and terms of trade," BIS Working Papers, Bank for International Settlements, number 958, Aug.
• Pierre-Richard Agénor & Luiz Awazu Pereira da Silva, 2021, "Macroeconomic policy under a managed float: a simple integrated framework," BIS Working Papers, Bank for International Settlements, number 964, Sep.
• Emanuel Kohlscheen, 2021, "What does machine learning say about the drivers of inflation?," BIS Working Papers, Bank for International Settlements, number 980, Nov.
• Serafín Frache & Helena Rodríguez, 2021, "Un modelo estocástico de equilibrio general para la economía uruguaya con producción de commodities," Documentos de trabajo, Banco Central del Uruguay, number 2021006.
• Fernanda Cuitiño & Juan Pablo Medina & Laura Zacheo, 2021, "Exchange Rate Pass-Through Conditional on Shocks and Monetary Policy Credibility. The Case of Uruguay," Documentos de trabajo, Banco Central del Uruguay, number 2021008.
• Yifan Shen & Tilak Abeysinghe, 2021, "International Transmission Mechanism And World Business Cycle," Economic Inquiry, Western Economic Association International, volume 59, issue 1, pages 510-531, January, DOI: 10.1111/ecin.12916.
• Shaojun Zhang, 2021, "Limited Risk Sharing and International Equity Returns," Journal of Finance, American Finance Association, volume 76, issue 2, pages 893-933, April, DOI: 10.1111/jofi.12994.
• Ansgar Belke & Clemens Domnick, 2021, "Trade and capital flows: Substitutes or complements? An empirical investigation," Review of International Economics, Wiley Blackwell, volume 29, issue 3, pages 573-589, August, DOI: 10.1111/roie.12521.
• Mariam Camarero & Josep Lluís Carrion‐i‐Silvestre & Cecilio Tamarit, 2021, "External imbalances from a GVAR perspective," The World Economy, Wiley Blackwell, volume 44, issue 11, pages 3202-3245, November, DOI: 10.1111/twec.13122.
• Nusrate Aziz & Arusha Cooray & Wing Leong Teo, 2021, "Do immigrants’ funds affect the exchange rate?," The World Economy, Wiley Blackwell, volume 44, issue 2, pages 560-585, February, DOI: 10.1111/twec.13003.
• Departamento de Investigaciones en Banca Central & Subgerencia de Investigaciones Económicas & Asesoría de Política Económica & Banco Central de Bolivia, 2021, "Modelo de Equilibrio General Dinámico Estocástico para el análisis de la política monetaria del Banco Central de Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, volume 35, issue 1, pages 129-169, July - De.
• Federico Di Pace & Luciana Juvenal & Ivan Petrella, 2021, "Terms-of-trade shocks are not all alike," Bank of England working papers, Bank of England, number 901, Jan.
• Simon Lloyd & Ed Manuel & Konstantin Panchev, 2021, "Foreign vulnerabilities, domestic risks: the global drivers of GDP-at-Risk," Bank of England working papers, Bank of England, number 940, Sep.
• Marco Pinchetti & Andrzej Szczepaniak, 2021, "Global spillovers of the Fed information effect," Bank of England working papers, Bank of England, number 952, Nov.
• Dimitris Papageorgiou, 2021, "Macroeconomic effects of shocks to import and services sector prices," Economic Bulletin, Bank of Greece, issue 54, pages 7-21, December.
• Staveley-O’Carroll James & Staveley-O’Carroll Olena M., 2021, "International Welfare Spillovers of National Pension Schemes," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 1, pages 363-397, January, DOI: 10.1515/bejm-2019-0207.
• Ida Daisuke & Okano Mitsuhiro, 2021, "Delegating Optimal Monetary Policy Inertia in a Small-Open Economy," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 2, pages 473-507, June, DOI: 10.1515/bejm-2020-0181.
• Bohlmann Adrienne Margarete, 2021, "Triplets, quads and quints: Estimating disaggregate trade elasticities with different odds ratios," German Economic Review, De Gruyter, volume 22, issue 3, pages 359-381, August, DOI: 10.1515/ger-2019-0128.
• Barbosa-Filho Nelson H., 2021, "Carry Trade, Exchange Rates, and the Balance-of-Payments," Journal of Globalization and Development, De Gruyter, volume 12, issue 1, pages 103-116, June, DOI: 10.1515/jgd-2021-0029.
• Bitar Joseph & Boileau Martin, 2021, "Emerging Markets Interest Rates, International Reserves and Net Foreign Assets," Journal of Globalization and Development, De Gruyter, volume 12, issue 2, pages 145-180, December, DOI: 10.1515/jgd-2020-0079.
• Andrei Dragos Popescu, 2021, "Macroeconomic Forces That Influence Alternative Assets Pricing," Management Strategies Journal, Constantin Brancoveanu University, volume 52, issue 2, pages 52-60.
• Gong Cheng, 2021, "L'évolution des émissions de dette en devise et les nouveaux défis révélés par la pandémie de Covid-19," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 139-158.
• Stéphane Auray & Aurélien Eyquem, 2021, "Heterogeneity, convergence and imbalances in the Euro area," Revue de l'OFCE, Presses de Sciences-Po, volume 0, issue 3, pages 117-152.
• Corsetti, G. & Kuester, K. & Müller, G. J. & Schmidt, S., 2021, "The Exchange Rate Insulation Puzzle," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2109, Jan.
• Corsetti, G. & LipiÅ„ska, A. & Lombardo, G., 2021, "Sharing Asymmetric Tail Risk Smoothing, Asset Pricing and Terms of Trade," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2153, Jul.
• Lloyd, S. & Manuel, E. & Panchev, K., 2021, "Foreign Vulnerabilities, Domestic Risks: The Global Drivers of GDP-at-Risk," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2156, Aug.
• Minford, Patrick & Ou, Zhirong & Wickens, Michael & Zhu, Zheyi, 2021, "The eurozone: what is to be done?," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/11, Jun.
• Meenagh, David & Minford, Patrick & Zhao, Zhiqi, 2021, "Should Hong Kong switch to Taylor Rule? Evidence from DSGE Model," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/6, Jun.
• Marcelo Randolfo da Costa Januário & Mauro Sayar Ferreira, 2021, "Global shocks and trade response of a commodity exporter small open economy: Terms of Trade, J-Curve and the Marshall-Lerner Condition," Textos para Discussão Cedeplar-UFMG, Cedeplar, Universidade Federal de Minas Gerais, number 635, Aug.
• Mariano Fernández, 2021, "Perturbaciones reales sobre la Cuenta Corriente. Equilibrio parcial keynesiano vs. enfoque intertemporal de la cuenta corriente," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 815, Nov.
• Mathias Hoffmann & Lilia Ruslanova, 2021, "Softening the Blow: U.S. State-Level Banking Deregulation and Sectoral Reallocation after the China Trade Shock," CESifo Working Paper Series, CESifo, number 8913.
• Michael Funke & Adrian Wende, 2021, "The US-China Phase One Trade Deal: An Economic Analysis of the Managed Trade Agreement," CESifo Working Paper Series, CESifo, number 8945.
• Wilhelm Kohler & Gernot Müller & Susanne Wellmann, 2021, "Risk Sharing in Currency Unions: The Migration Channel," CESifo Working Paper Series, CESifo, number 8982.
• António Afonso & José Carlos Coelho, 2021, "The Role of Fiscal Policies for External Imbalances: Evidence from the European Union," EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57.
• António Afonso & José Carlos Coelho, 2021, "Current Account Targeting Hypothesis versus Twin Deficit Hypothesis: The EMU Experience of Portugal," EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 68.
• António Afonso & José Carlos Coelho, 2021, "60%, -4% And 6%, a Tale of Thresholds for EU Fiscal and Current Account Developments," EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69.
• António Afonso & José Carlos Coelho, 2021, "Fiscal and Current Account Imbalances: The Cases of Germany and Portugal," EconPol Working Paper, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 72.
• Wolfgang Nierhaus, 2021, "Realwert des Bruttoinlandsprodukts und Terms of Trade: Ergebnisse für das Jahr 2020," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 74, issue 02, pages 55-60, February.
• Benjamin Born & Francesco D’Ascanio & Gernot J. Müller & Johannes Pfeifer, 2021, "Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate," ifo Working Paper Series, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 352.
• Felipe Saffie & Liliana Varela & Kei-Mu Yi, 2021, "The Micro and Macro Dynamics of Capital Flows," Discussion Papers, Centre for Macroeconomics (CFM), number 2121, Jun.
• Jorge Fornero & Markus Kirchner & Carlos Molina, 2021, "Estimating Shadow Policy Rates in a Small Open Economy and the Role of Foreign Factors," Working Papers Central Bank of Chile, Central Bank of Chile, number 915, May.
• Andrés Fernández & Daniel Guzmán & Ruy E. Lama & Carlos A. Vegh, 2021, "Procyclical fiscal policy and asset market incompleteness," Working Papers Central Bank of Chile, Central Bank of Chile, number 925, Sep.
• Vincent Bodart & François Courtoy & Erica Perego, 2021, "World Interest Rates and Macroeconomic Adjustments in Developing Commodity Producing Countries," Working Papers, CEPII research center, number 2021-01, Jan.
• Oyeyinka S. Omoshoro-Jones & Lumengo Bonga-Bonga, 2021, "Global imbalances, external adjustment and propagated shocks: An African perspective from a global VAR model," International Economics, CEPII research center, issue 165, pages 186-203.
• Tullio Gregori, 2021, "Protectionism and international trade: A long-run view," International Economics, CEPII research center, issue 165, pages 1-13.
• Siew-Voon Soon & Ahmad Zubaidi Baharumshah, 2021, "Exchange rates and fundamentals: Further evidence based on asymmetric causality test," International Economics, CEPII research center, issue 165, pages 67-84.
• Alexei Kireyev & Andrei Leonidov, 2021, "Twin trade shocks: Spillovers from US-China trade tensions," International Economics, CEPII research center, issue 167, pages 174-188.
• Luis René Cáceres, 2021, "El mecanismo de transmisión de política monetaria en una economía dolarizada. El caso de El Salvador," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, volume 40, issue 83, pages 713-746.
• Carlos Esteban Posada Posada & Wilman G�mez & Remberto Rhenals, 2021, "Caída y convergencia mundial de las tasas de inflación," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 19129, Mar.
• Christian Andrés Palencia Hernández & Jes�s Crist�bal Ruiz Torres & Andr�s Daniel An�bal Godoy Ortiz, 2021, "Los precios del petróleo y la complejidad de la canasta exportadora: la paradoja del caso colombiano," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, volume 29, issue 2, pages 167-196, DOI: 10.18359/rfce.5304.
• Wilman Arturo Gómez Múnoz & Carlos Esteban Posada Posada & Remberto Rhenals Monterrosa, 2021, "Caída y convergencia mundial de las tasas de inflación," Borradores Departamento de Economía, Universidad de Antioquia, CIE, number 19618, Feb.
• de Ferra, Sergio & Romei, Federica & Mitman, Kurt, 2021, "Why Does Capital Flow from Equal to Unequal Countries?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15647, Jan.
• Kuester, Keith & Corsetti, Giancarlo & Müller, Gernot & Schmidt, Sebastian, 2021, "The Exchange Rate Insulation Puzzle," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15689, Jan.
• Martin, Philippe & Delpeuch, Samuel & Fize, Etienne, 2021, "Trade Imbalances and the Rise of Protectionism," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15742, Jan.
• Pérez-Quirós, Gabriel & Camacho, Máximo & Pacce, Matias Jose, 2021, "Spillover Effects in International Business Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15787, Feb.
• Monnet, Eric & Puy, Damien, 2021, "One Ring to Rule Them All? New Evidence on World Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15958, Mar.
• Mckibbin, Warwick & Fernando, Roshen & Liu, Weifeng, 2021, "Global Economic Impacts of Climate Shocks, Climate Policy and Changes in Climate Risk Assessment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16154, May.
• Esteves, Rui & Lennard, Jason & Kenny, Seán, 2021, "The Aftermath of Sovereign Debt Crises: A Narrative Approach," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16166, May.
• Müller, Gernot & Kohler, Wilhelm & Wellmann, Susanne, 2021, "Risk Sharing in Currency Unions: The Migration Channel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16178, May.
• Auclert, Adrien & Rognlie, Matthew & Souchier, Martin & Straub, Ludwig, 2021, "Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16198, May.
• Kalemli-Özcan, á¹¢ebnem & Varela, Liliana, 2022, "Five Facts about the UIP Premium," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16244, May.
• Müller, Gernot & Georgiadis, Georgios & Schumann, Ben, 2021, "Global Risk and the Dollar," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16245, Jun.
• Minford, Patrick & Wickens, Michael R. & Ou, Zhirong & Zhu, Zheyi, 2021, "The eurozone: what is to be done?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16313, Jun.
• Corsetti, Giancarlo & Lipinska, Anna & Lombardo, Giovanni, 2021, "Sharing Asymmetric Tail Risk: Smoothing, Asset Pricing and Terms of Trade," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16443, Aug.
• Mckibbin, Warwick & Jaumotte, Florence & Liu, Weifeng, 2021, "Mitigating Climate Change: Growth-Friendly Policies to Achieve Net Zero Emissions by 2050," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16553, Sep.
• Fujiwara, Ippei & Chen, Yu-chin & Hirose, Yasuo, 2021, "Exchange Rate Disconnect and the General Equilibrium Puzzle," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16555, Sep.
• Kalemli-Özcan, Sebnem & Gourinchas, Pierre-Olivier & Penciakova, Veronika & Sander, Nick, 2021, "Fiscal Policy in the Age of COVID: Does it ‘Get in all of the Cracks?’," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16576, Sep.
• Devereux, Michael B & , & Eyquem, Aurélien, 2021, "Trade Wars Currency Wars," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16651, Oct.
• Engel, Charles & Bianchi, Javier & Bigio, Saki, 2021, "Scrambling for Dollars: International Liquidity, Banks and Exchange Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16712, Nov.
• Sandri, Damiano & Grigoli, Francesco & Luttini, Emiliano, 2021, "Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16824, Dec.
• Wolf, Martin & Zessner-Spitzenberg, Leopold, 2021, "Fear of Hiking? Monetary Policy and Sovereign Risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16837, Dec.
• Stéphane Auray & Michael B. Devereux & Aurélien Eyquem, 2021, "Trade Wars, Currency Wars," Working Papers, Center for Research in Economics and Statistics, number 2021-15, Sep.
• Jean-Baptiste Michau, 2021, "Open Economy Secular Stagnation and Financial Integration," Working Papers, Center for Research in Economics and Statistics, number 2021-19, Nov.
• Paul Castillo & Juan Pablo Medina, 2021, "Foreign Exchange Intervention, Capital Flows, and Liability Dollarization," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2021_027, Jun, revised 25 Jul 2021.
• Vincent Bodart & François Courtoy & Erica Perego, 2021, "World interest rates and macroeconomic adjustments in developing commodity producing countries," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2021002, Jan.