Sanctions and Currencies in Global Credit
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Barry Eichengreen & Massimo Ferrari Minesso & Arnaud Mehl & Isabel Vansteenkiste & Roger Vicquéry, 2024.
"Sanctions and the exchange rate in time,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(118), pages 323-354.
- Eichengreen, Barry & Ferrari Minesso, Massimo & Mehl, Arnaud & Vansteenkiste, Isabel & Vicquery, Roger, 2022. "Sanctions and the Exchange Rate in Time," CEPR Discussion Papers 17641, C.E.P.R. Discussion Papers.
- Guido Lorenzoni & Iván Werning, 2023.
"A Minimalist Model for the Ruble during the Russian Invasion of Ukraine,"
American Economic Review: Insights, American Economic Association, vol. 5(3), pages 347-356, September.
- Guido Lorenzoni & Iván Werning, 2022. "A Minimalist Model for the Ruble During the Russian Invasion of Ukraine," NBER Working Papers 29929, National Bureau of Economic Research, Inc.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2003.
"Closing small open economy models,"
Journal of International Economics, Elsevier, vol. 61(1), pages 163-185, October.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Closing Small Open Economy Models," Departmental Working Papers 200115, Rutgers University, Department of Economics.
- Stephanie Schmitt-Grohe & Martin Uribe, 2002. "Closing Small Open Economy Models," NBER Working Papers 9270, National Bureau of Economic Research, Inc.
- Uribe, MartÃn & Schmitt-Grohé, Stephanie, 2002. "Closing Small Open Economy Models," CEPR Discussion Papers 3096, C.E.P.R. Discussion Papers.
- Jing Cynthia Wu & Yinxi Xie & Ji Zhang, 2024.
"The Role of International Financial Integration in Monetary Policy Transmission,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 72(3), pages 944-990, September.
- Jing Cynthia Wu & Yinxi Xie & Ji Zhang, 2024. "The Role of International Financial Integration in Monetary Policy Transmission," NBER Working Papers 32128, National Bureau of Economic Research, Inc.
- Jing Cynthia Wu & Yinxi Xie & Ji Zhang, 2024. "The Role of International Financial Integration in Monetary Policy Transmission," Staff Working Papers 24-3, Bank of Canada.
- Aiyar, Shekhar & Calomiris, Charles W. & Hooley, John & Korniyenko, Yevgeniya & Wieladek, Tomasz, 2014. "The international transmission of bank capital requirements: Evidence from the UK," Journal of Financial Economics, Elsevier, vol. 113(3), pages 368-382.
- Andreeva, Desislava & Coman, Andra & Everett, Mary & Froemel, Maren & Ho, Kelvin & Lloyd, Simon & Meunier, Baptiste & Pedrono, Justine & Reinhardt, Dennis & Wong, Andrew & Wong, Eric & Żochowski, Dawi, 2023.
"Negative rates, monetary policy transmission and cross-border lending via international financial centres,"
Bank of England working papers
1010, Bank of England.
- Andreeva, Desislava & Coman, Andra & Everett, Mary & Froemel, Maren & Ho, Kelvin & Lloyd, Simon & Meunier, Baptiste & Pedrono, Justine & Reinhardt, Dennis & Wong, Andrew & Wong, Eric & Żochowski, Dawi, 2023. "Negative rates, monetary policy transmission and cross-border lending via international financial centres," Working Paper Series 2775, European Central Bank.
- Fabio Ghironi & Daisoon Kim & Galip Kemal Ozhan, 2024.
"International Economic Sanctions and Third-Country Effects,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 72(2), pages 611-652, June.
- Fabio Ghironi & Daisoon Kim & Galip Kemal Ozhan, 2023. "International Economic Sanctions and Third-Country Effects," Staff Working Papers 23-46, Bank of Canada.
- Mark Gertler & Peter Karadi, 2015.
"Monetary Policy Surprises, Credit Costs, and Economic Activity,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 7(1), pages 44-76, January.
- Mark Gertler & Peter Karadi, 2013. "Monetary Policy Surprises, Credit Costs and Economic Activity," NBER Chapters, in: Lessons from the Financial Crisis for Monetary Policy, National Bureau of Economic Research, Inc.
- Gertler, Mark & Karadi, Peter, 2014. "Monetary Policy Surprises, Credit Costs and Economic Activity," CEPR Discussion Papers 9824, C.E.P.R. Discussion Papers.
- Mark Gertler & Peter Karadi, 2014. "Monetary Policy Surprises, Credit Costs and Economic Activity," NBER Working Papers 20224, National Bureau of Economic Research, Inc.
- Peter Karadi & Mark Gertler, 2015. "Monetary Policy Surprises, Credit Costs, and Economic Activity," 2015 Meeting Papers 447, Society for Economic Dynamics.
- Fernando Eguren‐Martin & Matias Ossandon Busch & Dennis Reinhardt, 2024.
"Global Banks and Synthetic Funding: The Benefits of Foreign Relatives,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(1), pages 115-152, February.
- Eguren-Martin, Fernando & Ossandon Busch, Matias & Reinhardt, Dennis, 2018. "Global banks and synthetic funding: the benefits of foreign relatives," Bank of England working papers 762, Bank of England, revised 27 Sep 2019.
- Tarek A Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2019.
"Firm-Level Political Risk: Measurement and Effects,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(4), pages 2135-2202.
- Hassan, Tarek & Hollander, Stephan & van Lent, Laurence & Tahoun, Ahmed, 2017. "Firm-level political risk: Measurement and effects," CEPR Discussion Papers 12436, C.E.P.R. Discussion Papers.
- Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2019. "Firm-Level Political Risk: Measurement and Effects," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-325, Boston University - Department of Economics.
- Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2019. "Firm-Level Political Risk: Measurement and Effects," Working Papers Series 96, Institute for New Economic Thinking.
- Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2017. "Firm-Level Political Risk: Measurement and Effects," NBER Working Papers 24029, National Bureau of Economic Research, Inc.
- Barry Eichengreen & Arnaud Mehl & Livia Chiţu & Thorsten Beck, 2019.
"Mars or Mercury? The geopolitics of international currency choice,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 34(98), pages 315-363.
- Barry Eichengreen & Arnaud J. Mehl & Livia Chitu, 2017. "Mars or Mercury? The Geopolitics of International Currency Choice," NBER Working Papers 24145, National Bureau of Economic Research, Inc.
- Ahn, Daniel P. & Ludema, Rodney D., 2020.
"The sword and the shield: The economics of targeted sanctions,"
European Economic Review, Elsevier, vol. 130(C).
- Daniel P. Ahn & Rodney D. Ludema, 2019. "The sword and the shield: the economics of targeted sanctions," CESifo Working Paper Series 7620, CESifo.
- Matthieu Bussière & Robert Hills & Simon Lloyd & Baptiste Meunier & Justine Pedrono & Dennis Reinhardt & Rhiannon Sowerbutts, 2021.
"Le Pont de Londres: Interactions between monetary and prudential policies in cross‐border lending,"
Review of International Economics, Wiley Blackwell, vol. 29(1), pages 61-86, February.
- Matthieu Bussière & Robert Hills & Simon Lloyd & Baptiste Meunier & Justine Pedrono & Dennis Reinhardt & Rhiannon Sowerbutts, 2020. "Le Pont de Londres: interactions between monetary and prudential policies in cross-border lending," Working papers 753, Banque de France.
- Bussière, Matthieu & Hills, Robert & Lloyd, Simon & Meunier, Baptiste & Pedrono, Justine & Reinhardt, Dennis & Sowerbutts, Rhiannon, 2020. "Le Pont de Londres: interactions between monetary and prudential policies in cross-border lending," Bank of England working papers 850, Bank of England.
- Arslanalp, Serkan & Eichengreen, Barry & Simpson-Bell, Chima, 2022. "The stealth erosion of dollar dominance and the rise of nontraditional reserve currencies," Journal of International Economics, Elsevier, vol. 138(C).
- Lloyd, Simon & Reinhardt, Dennis & Sowerbutts , Rhiannon, 2023. "Financial services trade restrictions and lending from an international financial centre," Bank of England working papers 1022, Bank of England.
- Yalcin, Erdal & Felbermayr, Gabriel & Kariem, Heider & Kirilakha, Aleksandra & Ohyun, Kwon & Syropoulos, Constantinos & Yotov, Yoto, 2024.
"The Global Sanctions Data Base - Release 4: The Heterogeneous Effects of the Sanctions on Russia,"
School of Economics Working Paper Series
2024-8, LeBow College of Business, Drexel University.
- Erdal Yalcin & Gabriel Felbermayr & Heider Kariem & Aleksandra Kirilakha & Ohyun Kwon & Constantinos Syropoulos & Yoto Yotov, 2025. "The Global Sanctions Data Base - Release 4: The Heterogeneous Effects of the Sanctions on Russia," Working Papers 2025002, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
- Erdal Yalcin & Gabriel Felbermayr & Heider Kariem & Aleksandra Kirilakha & Ohyun Kwon & Constantinos Syropoulos & Yoto V. Yotov, 2024. "The Global Sanctions Data Base – Release 4: The Heterogeneous Effects of the Sanctions on Russia," WIFO Working Papers 681, WIFO.
- Woodford, Michael, 2001.
"Fiscal Requirements for Price Stability,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(3), pages 669-728, August.
- Michael Woodford, 2001. "Fiscal Requirements for Price Stability," NBER Working Papers 8072, National Bureau of Economic Research, Inc.
- Clayton, Christopher & Coppola, Antonio & Maggiori, Matteo & Schreger, Jesse, 2025. "Chokepoints: Identifying Economic Pressure," SocArXiv zsc4x_v1, Center for Open Science.
- Mr. Serkan Arslanalp & Mr. Barry J. Eichengreen & Chima Simpson-Bell, 2022. "The Stealth Erosion of Dollar Dominance: Active Diversifiers and the Rise of Nontraditional Reserve Currencies," IMF Working Papers 2022/058, International Monetary Fund.
- Forbes, Kristin & Reinhardt, Dennis & Wieladek, Tomasz, 2017.
"The spillovers, interactions, and (un)intended consequences of monetary and regulatory policies,"
Journal of Monetary Economics, Elsevier, vol. 85(C), pages 1-22.
- Kristin Forbes & Dennis Reinhardt & Tomasz Wieladek, 2016. "The Spillovers, Interactions, and (Un)Intended Consequences of Monetary and Regulatory Policies," NBER Working Papers 22307, National Bureau of Economic Research, Inc.
- Forbes, Kristin & Reinhardt, Dennis & Wieladek, Tomasz, 2016. "The spillovers, interactions, and (un)intended consequences of monetary and regulatory policies," Discussion Papers 44, Monetary Policy Committee Unit, Bank of England.
- Felbermayr, Gabriel & Kirilakha, Aleksandra & Syropoulos, Constantinos & Yalcin, Erdal & Yotov, Yoto V., 2020.
"The global sanctions data base,"
European Economic Review, Elsevier, vol. 129(C).
- Felbermayr , Gabriel & Kirilakha, Aleksandra & Syropoulos , Constantinos & Yalcin , Erdal & Yotov, Yoto, 2020. "The Global Sanctions Data Base," School of Economics Working Paper Series 2020-2, LeBow College of Business, Drexel University, revised 30 May 2020.
- Roger Vicquéry, 2022. "The Rise and Fall of Global Currencies over Two Centuries," Working papers 882, Banque de France.
- Giancarlo Corsetti & Banu Demir & Beata Javorcik, 2024. "Trading around Geopolitics," Economics Series Working Papers 1052, University of Oxford, Department of Economics.
- Gertler, Mark & Karadi, Peter, 2011. "A model of unconventional monetary policy," Journal of Monetary Economics, Elsevier, vol. 58(1), pages 17-34, January.
- Kai Gehring, 2022. "Can External Threats Foster a European Union Identity? Evidence from Russia’s Invasion of Ukraine," The Economic Journal, Royal Economic Society, vol. 132(644), pages 1489-1516.
- Aiyar, Shekhar & Calomiris, Charles & Hooley, John & Korniyenko , Yevgeniya & Wieladek, Tomasz, 2014. "The international transmission of bank capital requirements: evidence from the United Kingdom," Bank of England working papers 497, Bank of England.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Baptiste Meunier & Justine Pedrono, 2021. "A Prudential trade-off? Leakages and Interactions with Monetary Policy," Working papers 805, Banque de France.
- Antoine Berthou, 2023. "International sanctions and the dollar: Evidence from trade invoicing," Working papers 924, Banque de France.
- Matthieu Darracq Paries, 2018. "Financial frictions and monetary policy conduct," Erudite Ph.D Dissertations, Erudite, number ph18-01 edited by Ferhat Mihoubi, September.
- Salih Fendoğlu & Eda Gülşen & José-Luis Peydró, 2019.
"Global Liquidity and Impairment of Local Monetary Policy,"
Working Papers
1131, Barcelona School of Economics.
- Salih Fendoğlu & Eda Gülşen & José-Luis Peydró, 2019. "Global liquidity and impairment of local monetary policy," Economics Working Papers 1680, Department of Economics and Business, Universitat Pompeu Fabra.
- Fendoglu, Salih & Gulsen, Eda & Peydró, José-Luis, 2019. "Global Liquidity and Impairment of Local Monetary Policy," EconStor Preprints 216794, ZBW - Leibniz Information Centre for Economics.
- Peydró, José-Luis & Fendoglu, Salih & Gulsen, Eda, 2020. "Global Liquidity and Impairment of Local Monetary Policy," CEPR Discussion Papers 15273, C.E.P.R. Discussion Papers.
- Gino Cenedese & Pasquale Della Corte & Tianyu Wang, 2021.
"Currency Mispricing and Dealer Balance Sheets,"
Journal of Finance, American Finance Association, vol. 76(6), pages 2763-2803, December.
- Cenedese, Gino & Della Corte, Pasquale & Wang, Tianyu, 2019. "Currency mispricing and dealer balance sheets," Bank of England working papers 779, Bank of England.
- Della Corte, Pasquale & Cenedese, Gino & Wang, Tianyu, 2020. "Currency Mispricing and Dealer Balance Sheets," CEPR Discussion Papers 15569, C.E.P.R. Discussion Papers.
- Coman, Andra & Lloyd, Simon P., 2022.
"In the face of spillovers: Prudential policies in emerging economies,"
Journal of International Money and Finance, Elsevier, vol. 122(C).
- Coman, Andra & Lloyd, Simon, 2019. "In the face of spillovers: prudential policies in emerging economies," Bank of England working papers 828, Bank of England.
- Coman, Andra & Lloyd, Simon P., 2019. "In the face of spillovers: prudential policies in emerging economies," Working Paper Series 2339, European Central Bank.
- Jacob, Punnoose & Munro, Anella, 2018. "A prudential stable funding requirement and monetary policy in a small open economy," Journal of Banking & Finance, Elsevier, vol. 94(C), pages 89-106.
- Christian Friedrich & Pierre Guérin & Danilo Leiva-Leon, 2020.
"Monetary Policy Independence and the Strength of the Global Financial Cycle,"
Staff Working Papers
20-25, Bank of Canada.
- Friedrich, Christian & Guerin, Pierre & Leiva-León, Danilo, 2021. "Monetary Policy Independence and the Strength of the Global Financial Cycle," CEPR Discussion Papers 16203, C.E.P.R. Discussion Papers.
- Mikhail Mamonov & Anna Pestova, 2023. "The Price of War: Macroeconomic and Cross-Sectional Effects of Sanctions on Russia," CERGE-EI Working Papers wp756, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Reinhardt, Dennis & Reynolds, Stephen & Sowerbutts, Rhiannon & van Hombeeck, Carlos, 2023.
"Quality is our asset: The international transmission of liquidity regulation,"
Journal of Banking & Finance, Elsevier, vol. 154(C).
- Reinhardt, Dennis & Reynolds, Stephen & Sowerbutts, Rhiannon & van Hombeeck, Carlos, 2020. "Quality is our asset: the international transmission of liquidity regulation," Bank of England working papers 860, Bank of England.
- Sami Alpanda & Gino Cateau & Césaire Meh, 2018.
"A policy model to analyze macroprudential regulations and monetary policy,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(3), pages 828-863, August.
- Sami Alpanda & Gino Cateau & Césaire Meh, 2018. "A policy model to analyze macroprudential regulations and monetary policy," Canadian Journal of Economics, Canadian Economics Association, vol. 51(3), pages 828-863, August.
- Sami Alpanda & Gino Cateau & Cesaire Meh, 2014. "A policy model to analyze macroprudential regulations and monetary policy," BIS Working Papers 461, Bank for International Settlements.
- Sami Alpanda & Gino Cateau & Césaire Meh, 2014. "A Policy Model to Analyze Macroprudential Regulations and Monetary Policy," Staff Working Papers 14-6, Bank of Canada.
- Inhwan So, 2017. "Bank Globalization and Monetary Policy Transmission in Small Open Economies," Working Papers 2017-33, Economic Research Institute, Bank of Korea.
- Matthieu Bussière & Jin Cao & Jakob de Haan & Robert Hills & Simon Lloyd & Baptiste Meunier & Justine Pedrono & Dennis Reinhardt & Sonalika Sinha & Rhiannon Sowerbutts & Konstantin Styrin, 2021.
"The interaction between macroprudential policy and monetary policy: Overview,"
Review of International Economics, Wiley Blackwell, vol. 29(1), pages 1-19, February.
- Bussière, Matthieu & Cao, Jin & de Haan, Jakob & Hills, Robert & Lloyd, Simon & Meunier, Baptiste & Pedrono, Justine & Reinhardt, Dennis & Shina, Sonalika & Sowerbutts, Rhiannon & Styrin, Konstantin, 2020. "The interaction between macroprudential policy and monetary policy: overview," Bank of England working papers 886, Bank of England.
- Bi, Huixin & Traum, Nora, 2023.
"Unconventional monetary policy and local fiscal policy,"
European Economic Review, Elsevier, vol. 156(C).
- Huixin Bi & Nora Traum, 2022. "Unconventional Monetary Policy and Local Fiscal Policy," Research Working Paper RWP 22-15, Federal Reserve Bank of Kansas City.
- Jochen Mankart & Alexander Michaelides & Spyros Pagratis, 2020.
"Bank capital buffers in a dynamic model,"
Financial Management, Financial Management Association International, vol. 49(2), pages 473-502, June.
- Mankart, Jochen & Michaelides, Alexander & Pagratis, Spyros, 2018. "Bank capital buffers in a dynamic model," Discussion Papers 51/2018, Deutsche Bundesbank.
- Alper, Koray & Altunok, Fatih & Çapacıoğlu, Tanju & Ongena, Steven, 2020.
"The Effect of Unconventional Monetary Policy on Cross-Border Bank Loans: Evidence from an Emerging Market,"
European Economic Review, Elsevier, vol. 127(C).
- Koray Alper & Fatih Altunok & Tanju Çapacıoğlu & Steven Ongena, 2019. "The Effect of Unconventional Monetary Policy on Cross‐Border Bank Loans: Evidence from an Emerging Market," Swiss Finance Institute Research Paper Series 19-38, Swiss Finance Institute.
- Nicoletta Batini & Alessandro Cantelmo & Giovanni Melina & Stefania Villa, 2021.
"How loose, how tight? A measure of monetary and fiscal stance for the euro area,"
Oxford Economic Papers, Oxford University Press, vol. 73(4), pages 1536-1556.
- Nicoletta Batini & Mr. Alessandro Cantelmo & Mr. Giovanni Melina & Stefania Villa, 2020. "How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area," IMF Working Papers 2020/086, International Monetary Fund.
- Nicoletta Batini & Alessandro Cantelmo & Giovanni Melina & Stefania Villa, 2020. "How Loose, how tight? A measure of monetary and fiscal stance for the euro area," Temi di discussione (Economic working papers) 1295, Bank of Italy, Economic Research and International Relations Area.
- Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2020.
"The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model,"
Journal of Banking & Finance, Elsevier, vol. 113(C).
- Hohberger, Stefan & Priftis, Romanos & Vogel, Lukas, 2018. "The distributional effects of conventional monetary policy and quantitative easing: Evidence from an estimated DSGE model," JRC Working Papers in Economics and Finance 2018-12, Joint Research Centre, European Commission.
- Stefan Hohberger & Romanos Priftis & Lukas Vogel, 2019. "The Distributional Effects of Conventional Monetary Policy and Quantitative Easing: Evidence from an Estimated DSGE Model," Staff Working Papers 19-6, Bank of Canada.
- Fernando Eguren‐Martin & Matias Ossandon Busch & Dennis Reinhardt, 2024.
"Global Banks and Synthetic Funding: The Benefits of Foreign Relatives,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(1), pages 115-152, February.
- Eguren-Martin, Fernando & Ossandon Busch, Matias & Reinhardt, Dennis, 2018. "Global banks and synthetic funding: the benefits of foreign relatives," Bank of England working papers 762, Bank of England, revised 27 Sep 2019.
- Leonardo Barreto, 2018. "Nonconventional monetary policy in a regime-switching model with endogenous financial crises," Documentos CEDE 16382, Universidad de los Andes, Facultad de Economía, CEDE.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CIS-2025-04-21 (Confederation of Independent States)
- NEP-MON-2025-04-21 (Monetary Economics)
- NEP-OPM-2025-04-21 (Open Economy Macroeconomics)
- NEP-PAY-2025-04-21 (Payment Systems and Financial Technology)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:1079. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Pouliquen The email address of this maintainer does not seem to be valid anymore. Please ask Anne Pouliquen to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/sfeixuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.