Details about Sebnem Kalemli-Ozcan

Workplace:

Department of Economics, University of Maryland, (more information at EDIRC)

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Last updated 2025-01-07. Update your information in the RePEc Author Service.

Short-id: pka37

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Working Papers

2024

1. Corporate Debt, Boom-Bust Cycles, and Financial Crises
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
2. Firm Financing During Sudden Stops: Can Governments Substitute Markets?
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Global Spillovers from FED Hikes and a Strong Dollar: The Risk Channel
   NBER Working Papers, National Bureau of Economic Research, Inc
4. Global Transmission of FED Hikes: The Role of Policy Credibility and Balance Sheets
   NBER Working Papers, National Bureau of Economic Research, Inc

2023

5. Quantifying the Inflationary Impact of Fiscal Stimulus Under Supply Constraints
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
   Also in Staff Reports, Federal Reserve Bank of New York (2023) View citations (8)

2022

6. Global Supply Chain Pressures, International Trade, and Inflation
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
   Also in Staff Reports, Federal Reserve Bank of New York (2022) View citations (11)
7. Housing Wealth and Consumption: The Role of Heterogeneous Credit Constraints
   NBER Working Papers, National Bureau of Economic Research, Inc
8. How to Construct Nationally Representative Firm Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration
   Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (87)
9. Monetary Policy and the Short-Rate Disconnect in Emerging Economies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
10. Uncertainty Shocks, Capital Flows, and International Risk Spillovers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Staff Reports, Federal Reserve Bank of New York (2022) View citations (1)
    Staff Reports, Federal Reserve Bank of New York (2022) View citations (1)

2021

11. COVID-19 and SMEs: A 2021 "Time Bomb"?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2021) View citations (2)
12. Collateral Heterogeneity and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
13. Exchange Rate Fluctuations and Firm Leverage
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
14. Fiscal Policy in the Age of COVID: Does it ‘Get in all of the Cracks?’
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
15. Five Facts about the UIP Premium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
16. Preemptive Policies and Risk-Off Shocks in Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
17. The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)

2020

18. COVID-19 and Emerging Markets: A SIR Model, Demand Shocks and Capital Flows
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
19. COVID-19 and SME Failures
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (37)
20. Quantifying Productivity Gains from Foreign Investment
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (48)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (39)
21. SME Failures Under Large Liquidity Shocks: An Application to the COVID-19 Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)

2019

22. How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices
    Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
23. Leverage over the Firm Life Cycle, Firm Growth, and Aggregate Fluctuations
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (51)
24. U.S. Monetary Policy and International Risk Spillovers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)

2018

25. Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (66)

2017

26. Capital Flows and the International Credit Channel
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (114)
    See also Chapter Capital Flows and the International Credit Channel, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (4) (2016)
27. Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
28. Gross Capital Flows by Banks, Corporates and Sovereigns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
29. Gross Capital Inflows to Banks, Corporates and Sovereigns
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (39)
30. International Spillovers and Local Credit Cycles
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (58)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (75)

2016

31. A difficult relationship: declining (but productive) FDI inflows in Turkey
    Policy Research Working Paper Series, The World Bank View citations (1)
32. Emergence of Asia: Reforms, Corporate Savings, and Global Imbalances
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (11)
33. Sovereign Risk and Bank Lending: Evidence from 1999 Turkish Earthquake
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (15)

2015

34. Capital Allocation and Productivity in South Europe
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (153)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (148)
    Working Papers, Federal Reserve Bank of Minneapolis (2015) View citations (87)
35. How to Construct Nationally Representative Firm Level Data from the Orbis Global Database: New Facts and Aggregate Implications
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (312)
36. How to construct nationally representative firm level data from the ORBIS global database
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (329)

2014

37. Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (4)
38. Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (20)
    See also Chapter Misallocation, Property Rights, and Access to Finance: Evidence from within and across Africa, NBER Chapters, National Bureau of Economic Research, Inc (2014) View citations (9) (2014)

2012

39. Global Banks and Crisis Transmission
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (34)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (10)
    See also Journal Article Global banks and crisis transmission, Journal of International Economics, Elsevier (2013) View citations (199) (2013)
40. Where are the Productivity Gains from Foreign Investment? Evidence on Spillovers and Reallocation from Firms, Industries and Countries
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade

2011

41. Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (8)
42. How Big are the Gains from International Financial Integration?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (16)
    See also Journal Article How big are the gains from international financial integration?, Journal of Development Economics, Elsevier (2013) View citations (20) (2013)
43. Leverage Across Firms, Banks and Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (33)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (45)
    See also Chapter Leverage across Firms, Banks, and Countries, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (50) (2011)
    Journal Article Leverage across firms, banks, and countries, Journal of International Economics, Elsevier (2012) View citations (107) (2012)
44. Risk Sharing through Capital Gains
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (15)
    See also Journal Article Risk sharing through capital gains, Canadian Journal of Economics, Canadian Economics Association (2012) View citations (33) (2012)
45. Sovereigns, Upstream Capital Flows and Global Imbalances
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (39)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (44)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (49)
    See also Journal Article SOVEREIGNS, UPSTREAM CAPITAL FLOWS, AND GLOBAL IMBALANCES, Journal of the European Economic Association, European Economic Association (2014) View citations (150) (2014)
46. What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (22)
    See also Journal Article What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?, The Review of Economics and Statistics, MIT Press (2016) View citations (67) (2016)

2010

47. Deep Financial Integration and Volatility
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (24)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (16)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (19)
    See also Journal Article DEEP FINANCIAL INTEGRATION AND VOLATILITY, Journal of the European Economic Association, European Economic Association (2014) View citations (19) (2014)
48. Financial Regulation, Integration and Synchronization of Economic Activity
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (2)
49. Financial regulation, financial globalization and the synchronization of economic activity
    Working Paper Series, European Central Bank View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (14)
    See also Journal Article Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity, Journal of Finance, American Finance Association (2013) View citations (200) (2013)
50. HIV and Fertility Revisited
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article HIV and fertility revisited, Journal of Development Economics, Elsevier (2011) View citations (44) (2011)
51. What lies beneath the euro's effect on financial integration? Currency risk, legal harmonization, or trade?
    Working Paper Series, European Central Bank View citations (150)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (12)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (5)
    See also Journal Article What lies beneath the euro's effect on financial integration? Currency risk, legal harmonization, or trade?, Journal of International Economics, Elsevier (2010) View citations (176) (2010)

2009

52. Financial Integration and Business Cycle Synchronization
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (36)
53. HIV and Fertility in Africa: First Evidence from Population Based Surveys
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (31)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (25)
    2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (8)
    See also Journal Article HIV and fertility in Africa: first evidence from population-based surveys, Journal of Population Economics, Springer (2013) View citations (27) (2013)

2007

54. Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
    See also Chapter Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (19) (2009)
55. How Does Foreign Direct Investment Promote Economic Growth? Exploring The Effects Of Financial Markets On Linkages
    Proceedings of the German Development Economics Conference, Göttingen 2007, Verein für Socialpolitik, Research Committee Development Economics View citations (4)
    Also in Departmental Working Papers, Department of Economics, Louisiana State University (2006) View citations (99)
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade (2006) View citations (102)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (106)
56. Where does Capital Flow? A Comparison of U.S. States and EU Countries 1950-2000
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (4)
57. Why Does Capital Flow to Rich States?
    2007 Meeting Papers, Society for Economic Dynamics View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (6)
    See also Journal Article Why Does Capital Flow to Rich States?, The Review of Economics and Statistics, MIT Press (2010) View citations (33) (2010)

2006

58. AIDS, "Reversal" of the Demographic Transition and Economic Development: Evidence from Africa
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
    See also Journal Article AIDS, “reversal” of the demographic transition and economic development: evidence from Africa, Journal of Population Economics, Springer (2012) View citations (46) (2012)
59. Foreign Direct Investment, Financial Markets and Economic
    2006 Meeting Papers, Society for Economic Dynamics View citations (81)
60. Mortality Change, the Uncertainty Effect, and Retirement
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (37)
    Macroeconomics, University Library of Munich, Germany (2002) View citations (26)
    Working Papers, Brown University, Department of Economics (2001)
    See also Journal Article Mortality change, the uncertainty effect, and retirement, Journal of Economic Growth, Springer (2010) View citations (45) (2010)

2005

61. Capital Flows in a Globalized World: The Role of Policies and Institutions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (86)
    See also Chapter Capital Flows in a Globalized World: The Role of Policies and Institutions, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (69) (2007)
62. Net Capital Flows and Productivity: Evidence from U.S. States
    The Institute for International Integration Studies Discussion Paper Series, IIIS View citations (5)
63. Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (127)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (12)
    Econometric Society 2004 North American Summer Meetings, Econometric Society (2004) View citations (4)
    See also Journal Article Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation, The Review of Economics and Statistics, MIT Press (2008) View citations (500) (2008)

2004

64. Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (38)

2002

65. A Stochastic Model of Mortality, Fertility, and Human Capital Investment
    Macroeconomics, University Library of Munich, Germany View citations (10)
    See also Journal Article A stochastic model of mortality, fertility, and human capital investment, Journal of Development Economics, Elsevier (2003) View citations (211) (2003)
66. Does the Mortality Decline Promote Economic Growth?
    Macroeconomics, University Library of Munich, Germany View citations (285)
    Also in Working Papers, Brown University, Department of Economics (2000) View citations (6)
    See also Journal Article Does the Mortality Decline Promote Economic Growth?, Journal of Economic Growth, Springer (2002) View citations (292) (2002)
67. FDI and Economic Growth: The Role of Local Financial Markets*
    Macroeconomics, University Library of Munich, Germany View citations (96)
    See also Journal Article FDI and economic growth: the role of local financial markets, Journal of International Economics, Elsevier (2004) View citations (997) (2004)

2000

68. Risk sharing and industrial specialization; regional and international evidence
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (72)
    Also in JCPR Working Papers, Northwestern University/University of Chicago Joint Center for Poverty Research (1999) View citations (20)
    Working Papers, Tel Aviv (1999) View citations (36)
    Working Papers, Brown University, Department of Economics (1999) View citations (53)
    See also Journal Article Risk Sharing and Industrial Specialization: Regional and International Evidence, American Economic Review, American Economic Association (2003) View citations (293) (2003)

1999

69. Industrial specialization and the asymmetry of shocks across regions
    Research Working Paper, Federal Reserve Bank of Kansas City View citations (13)

1998

70. Mortality Decline, Human Capital Investment, and Economic Growth
    Working Papers, Brown University, Department of Economics View citations (7)
    See also Journal Article Mortality decline, human capital investment, and economic growth, Journal of Development Economics, Elsevier (2000) View citations (346) (2000)

Journal Articles

2016

1. What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?
   The Review of Economics and Statistics, 2016, 98, (4), 756-769 View citations (67)
   See also Working Paper What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?, CEPR Discussion Papers (2011) View citations (13) (2011)

2014

2. DEEP FINANCIAL INTEGRATION AND VOLATILITY
   Journal of the European Economic Association, 2014, 12, (6), 1558-1585 View citations (19)
   See also Working Paper Deep Financial Integration and Volatility, Koç University-TUSIAD Economic Research Forum Working Papers (2010) View citations (24) (2010)
3. SOVEREIGNS, UPSTREAM CAPITAL FLOWS, AND GLOBAL IMBALANCES
   Journal of the European Economic Association, 2014, 12, (5), 1240-1284 View citations (150)
   See also Working Paper Sovereigns, Upstream Capital Flows and Global Imbalances, Tinbergen Institute Discussion Papers (2011) View citations (39) (2011)

2013

4. Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity
   Journal of Finance, 2013, 68, (3), 1179-1228 View citations (200)
   See also Working Paper Financial regulation, financial globalization and the synchronization of economic activity, Working Paper Series (2010) View citations (8) (2010)
5. Global banks and crisis transmission
   Journal of International Economics, 2013, 89, (2), 495-510 View citations (199)
   See also Working Paper Global Banks and Crisis Transmission, NBER Working Papers (2012) View citations (34) (2012)
6. HIV and fertility in Africa: first evidence from population-based surveys
   Journal of Population Economics, 2013, 26, (3), 835-853 View citations (27)
   See also Working Paper HIV and Fertility in Africa: First Evidence from Population Based Surveys, IZA Discussion Papers (2009) View citations (31) (2009)
7. How big are the gains from international financial integration?
   Journal of Development Economics, 2013, 103, (C), 90-98 View citations (20)
   See also Working Paper How Big are the Gains from International Financial Integration?, CEPR Discussion Papers (2011) View citations (1) (2011)

2012

8. AIDS, “reversal” of the demographic transition and economic development: evidence from Africa
   Journal of Population Economics, 2012, 25, (3), 871-897 View citations (46)
   See also Working Paper AIDS, "Reversal" of the Demographic Transition and Economic Development: Evidence from Africa, NBER Working Papers (2006) View citations (55) (2006)
9. Comment
   NBER International Seminar on Macroeconomics, 2012, 8, (1), 152 - 157
10. Leverage across firms, banks, and countries
    Journal of International Economics, 2012, 88, (2), 284-298 View citations (107)
    See also Working Paper Leverage Across Firms, Banks and Countries, CEPR Discussion Papers (2011) View citations (33) (2011)
    Chapter Leverage across Firms, Banks, and Countries, NBER Chapters, 2011 (2011) View citations (50) (2011)
11. Risk sharing through capital gains
    Canadian Journal of Economics, 2012, 45, (2), 472-492 View citations (33)
    See also Working Paper Risk Sharing through Capital Gains, NBER Working Papers (2011) View citations (8) (2011)

2011

12. HIV and fertility revisited
    Journal of Development Economics, 2011, 96, (1), 61-65 View citations (44)
    See also Working Paper HIV and Fertility Revisited, NBER Working Papers (2010) View citations (19) (2010)

2010

13. Does foreign direct investment promote growth? Exploring the role of financial markets on linkages
    Journal of Development Economics, 2010, 91, (2), 242-256 View citations (244)
14. Mortality change, the uncertainty effect, and retirement
    Journal of Economic Growth, 2010, 15, (1), 65-91 View citations (45)
    See also Working Paper Mortality Change, the Uncertainty Effect, and Retirement, 2006 Meeting Papers (2006) View citations (1) (2006)
15. What lies beneath the euro's effect on financial integration? Currency risk, legal harmonization, or trade?
    Journal of International Economics, 2010, 81, (1), 75-88 View citations (176)
    See also Working Paper What lies beneath the euro's effect on financial integration? Currency risk, legal harmonization, or trade?, Working Paper Series (2010) View citations (150) (2010)
16. Why Does Capital Flow to Rich States?
    The Review of Economics and Statistics, 2010, 92, (4), 769-783 View citations (33)
    See also Working Paper Why Does Capital Flow to Rich States?, 2007 Meeting Papers (2007) View citations (4) (2007)

2009

17. FDI, Productivity and Financial Development
    The World Economy, 2009, 32, (1), 111-135 View citations (121)
18. Marcus Noland and Howard Pack, The Arab Economies in a Changing World, Peterson Institute for International Economics (2007)
    Journal of International Economics, 2009, 78, (1), 177-178

2008

19. The uncertain lifetime and the timing of human capital investment
    Journal of Population Economics, 2008, 21, (3), 557-572 View citations (24)
20. Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation
    The Review of Economics and Statistics, 2008, 90, (2), 347-368 View citations (500)
    See also Working Paper Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation, NBER Working Papers (2005) View citations (127) (2005)

2006

21. Elhanan Helpman, The Mystery of Economic Growth, Harvard University Press, Cambridge, MA (2004)
    Journal of International Economics, 2006, 68, (2), 518-527

2004

22. FDI and economic growth: the role of local financial markets
    Journal of International Economics, 2004, 64, (1), 89-112 View citations (997)
    See also Working Paper FDI and Economic Growth: The Role of Local Financial Markets*, Macroeconomics (2002) View citations (96) (2002)

2003

23. A stochastic model of mortality, fertility, and human capital investment
    Journal of Development Economics, 2003, 70, (1), 103-118 View citations (211)
    See also Working Paper A Stochastic Model of Mortality, Fertility, and Human Capital Investment, Macroeconomics (2002) View citations (10) (2002)
24. Risk Sharing and Industrial Specialization: Regional and International Evidence
    American Economic Review, 2003, 93, (3), 903-918 View citations (293)
    See also Working Paper Risk sharing and industrial specialization; regional and international evidence, Research Working Paper (2000) View citations (72) (2000)

2002

25. Does the Mortality Decline Promote Economic Growth?
    Journal of Economic Growth, 2002, 7, (4), 411-39 View citations (292)
    See also Working Paper Does the Mortality Decline Promote Economic Growth?, Macroeconomics (2002) View citations (285) (2002)

2001

26. Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations
    Journal of International Economics, 2001, 55, (1), 107-137 View citations (189)

2000

27. Mortality decline, human capital investment, and economic growth
    Journal of Development Economics, 2000, 62, (1), 1-23 View citations (346)
    See also Working Paper Mortality Decline, Human Capital Investment, and Economic Growth, Working Papers (1998) View citations (7) (1998)

Books

2016

1. Sovereign Debt and Financial Crises
   NBER Books, National Bureau of Economic Research, Inc View citations (8)
   See also Chapter Sovereign Debt and Financial Crises: Theory and Historical Evidence, NBER Chapters, National Bureau of Economic Research, Inc (2015) (2015)

Chapters

2024

1. Comment on "The International Monetary Transmission Mechanism"
   A chapter in NBER Macroeconomics Annual 2024, volume 39, 2024

2023

2. Comment on "Inflation Strikes Back: The Role of Import Competition and the Labor Market"
   A chapter in NBER Macroeconomics Annual 2023, volume 38, 2023

2016

3. Capital Flows and the International Credit Channel
   A chapter in NBER International Seminar on Macroeconomics 2016, 2016 View citations (4)
   See also Working Paper Capital Flows and the International Credit Channel, C.E.P.R. Discussion Papers (2017) View citations (114) (2017)
4. Capital flows, credit cycles and macroprudential policy
   A chapter in Macroprudential policy, 2016, vol. 86, pp 63-68 View citations (3)

2015

5. Sovereign Debt and Financial Crises: Theory and Historical Evidence
   A chapter in Sovereign Debt and Financial Crises, 2015
   See also Book Sovereign Debt and Financial Crises, National Bureau of Economic Research, Inc (2016) View citations (8) (2016)

2014

6. Misallocation, Property Rights, and Access to Finance: Evidence from within and across Africa
   A chapter in African Successes, Volume III: Modernization and Development, 2014, pp 183-211 View citations (9)
   See also Working Paper Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa, C.E.P.R. Discussion Papers (2014) View citations (15) (2014)

2011

7. Comment on "The Risk Content of Exports: A Portfolio View of International Trade"
   A chapter in NBER International Seminar on Macroeconomics 2011, 2011, pp 152-157
8. Leverage across Firms, Banks, and Countries
   A chapter in Global Financial Crisis, 2011 View citations (50)
   See also Journal Article Leverage across firms, banks, and countries, Elsevier (2012) View citations (107) (2012)
   Working Paper Leverage Across Firms, Banks and Countries, C.E.P.R. Discussion Papers (2011) View citations (33) (2011)

2009

9. Comment on "Capital Flow Bonanzas: An Encompassing View of the Past and Present"
   A chapter in NBER International Seminar on Macroeconomics 2008, 2009, pp 65-66
10. Comment on "Capital Flows and Asset Prices"
    A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 224-229
11. Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
    A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 325-391 View citations (19)
    See also Working Paper Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust, National Bureau of Economic Research, Inc (2007) View citations (44) (2007)

2007

12. Capital Flows in a Globalized World: The Role of Policies and Institutions
    A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, 2007, pp 19-72 View citations (69)
    See also Working Paper Capital Flows in a Globalized World: The Role of Policies and Institutions, National Bureau of Economic Research, Inc (2005) View citations (86) (2005)