Details about Robert Neil Mccauley

E-mail:
Phone:	41-61-280-8080
Postal address:	Centralbahnplatz 2 4002 Basel Switzerland
Workplace:	Bank for International Settlements (BIS), (more information at EDIRC)

Access statistics for papers by Robert Neil Mccauley.

Last updated 2013-05-04. Update your information in the RePEc Author Service.

Short-id: pmc17

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Jump to Journal Articles Books Edited books Chapters

Working Papers

2013

1. Is China or India more financially open?
   BIS Working Papers, Bank for International Settlements
2. Risk-On/Risk-Off, Capital Flows, Leverage, and Safe Assets
   Finance Working Papers, East Asian Bureau of Economic Research
   Also in Macroeconomics Working Papers, East Asian Bureau of Economic Research (2013)
   BIS Working Papers, Bank for International Settlements (2012)
   ADBI Working Papers, Asian Development Bank Institute (2013)
   See also Journal Article in Public Policy Review (2012)

2012

3. Currency intervention and the global portfolio balance effect: Japanese lessons
   Papers, Economic and Social Research Institute (ESRI)
   Also in BIS Working Papers, Bank for International Settlements (2012)
4. Interpreting TARGET2 balances
   BIS Working Papers, Bank for International Settlements
5. Rapid credit growth and international credit: Challenges for Asia
   BIS Working Papers, Bank for International Settlements View citations (2)

2011

6. Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010
   CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
   Also in CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2011) View citations (3)

2010

7. Offshore Markets for the Domestic Currency: Monetary and Financial Stability Issues
   Working Papers, Hong Kong Monetary Authority View citations (6)
   Also in BIS Working Papers, Bank for International Settlements (2010) View citations (1)
8. Renminbising China's Foreign Assets
   CESifo Working Paper Series, CESifo Group Munich View citations (8)
   Also in Working Papers, Hong Kong Institute for Monetary Research (2010) View citations (1)
   See also Journal Article in Pacific Economic Review (2011)
9. The evolving renminbi regime and implications for Asian currency stability
   BIS Working Papers, Bank for International Settlements View citations (3)
   See also Journal Article in Journal of the Japanese and International Economies (2011)

2007

10. Do China's capital controls still bind? Implications for monetary autonomy and capital liberalisation
    BIS Working Papers, Bank for International Settlements View citations (9)

2006

11. Estimation of Asian effective exchange rates: a technical note
    BIS Working Papers, Bank for International Settlements View citations (2)

2004

12. Living with flexible exchange rates
    International Finance, EconWPA View citations (40)

2003

13. Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies
    BIS Working Papers, Bank for International Settlements View citations (39)

1999

14. The Anatomy of the Bond Market Turbulence of 1994
    Macroeconomics, EconWPA View citations (1)
    Also in BIS Working Papers, Bank for International Settlements (1995)
    Economics Working Paper Archive, Levy Economics Institute, The (1996)

1997

15. The Euro and European financial markets
    BIS Working Papers, Bank for International Settlements View citations (40)
16. The Euro and the Dollar
    Princeton Essays in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (20)
    Also in BIS Working Papers, Bank for International Settlements (1997) View citations (16)

1990

17. Policies toward corporate leveraging
    Research Paper, Federal Reserve Bank of New York
    See also Book (1990)
18. The British invasion: explaining the strength of U.K. acquisitions of U. S. firms in the late 1980s
    Research Paper, Federal Reserve Bank of New York

1989

19. Explaining international differences in the cost of capital: the United States and United Kingdom versus Japan and Germany
    Research Paper, Federal Reserve Bank of New York View citations (1)

1988

20. Price discrimination in Hotelling's duopoly model: equilibrium and efficiency
    Research Paper, Federal Reserve Bank of New York

Journal Articles

2013

1. The Roles of Saving, Investment and the Renminbi in Rebalancing the Chinese Economy
   Review of International Economics, 2013, 21, (1), 72-84

2012

2. After the global financial crisis: From international to multinational banking?
   Journal of Economics and Business, 2012, 64, (1), 7-23 View citations (1)
3. Eurodollar banking and currency internationalisation
   BIS Quarterly Review, 2012 View citations (2)
4. Risk-on/risk-off, capital flows, leverage and safe assets
   Public Policy Review, 2012, 8, (3), 281-298
   See also Working Paper (2013)

2011

5. Foreign exchange trading in emerging currencies: more financial, more offshore
   BIS Quarterly Review, 2011 View citations (2)
6. Global credit and domestic credit booms
   BIS Quarterly Review, 2011 View citations (13)
7. RENMINBISING CHINA'S FOREIGN ASSETS
   Pacific Economic Review, 2011, 16, (1), 1-17 View citations (1)
   See also Working Paper (2010)
8. Renminbi internationalisation and China's financial development
   BIS Quarterly Review, 2011 View citations (3)
9. The evolving renminbi regime and implications for Asian currency stability
   Journal of the Japanese and International Economies, 2011, 25, (1), 23-38 View citations (2)
   See also Working Paper (2010)

2010

10. The architecture of global banking: from international to multinational?
    BIS Quarterly Review, 2010 View citations (22)

2009

11. Dollar appreciation in 2008: safe haven, carry trades, dollar shortage and overhedging
    BIS Quarterly Review, 2009 View citations (12)
12. Government debt management at low interest rates
    BIS Quarterly Review, 2009 View citations (8)
13. Renminbisation des actifs internationaux de la Chine
    Revue d'Économie Financière, 2009, 95, (2), 135-155 View citations (1)
14. US dollar money market funds and non-US banks
    BIS Quarterly Review, 2009 View citations (25)

2008

15. Asian banks and the international interbank market
    BIS Quarterly Review, 2008 View citations (4)
16. EFFICACY OF CHINA'S CAPITAL CONTROLS: EVIDENCE FROM PRICE AND FLOW DATA
    Pacific Economic Review, 2008, 13, (1), 104-123 View citations (21)

2007

17. Comment on "Regional and Global Responses to the Asian Crisis"
    Asian Economic Policy Review, 2007, 2, (1), 71-72
18. Exchange rates and global volatility: implications for Asia-Pacific currencies
    BIS Quarterly Review, 2007 View citations (11)

2006

19. Basket weaving: the euromarket experience with basket currency bonds
    BIS Quarterly Review, 2006 View citations (4)
20. Internationalising a currency: the case of the Australian dollar
    BIS Quarterly Review, 2006 View citations (5)

2005

21. Distinguishing global dollar reserves from official holdings in the United States
    BIS Quarterly Review, 2005 View citations (8)
22. Trading Asian currencies
    BIS Quarterly Review, 2005 View citations (16)

2004

23. Asian local currency bond markets
    BIS Quarterly Review, 2004 View citations (14)
24. Diversifying with Asian local currency bonds
    BIS Quarterly Review, 2004 View citations (13)
25. Maîtriser la croissance en Chine dans un contexte de mobilité internationale des capitaux
    Revue d'Économie Financière, 2004, 77, (4), 163-185
26. The markets for non-deliverable forwards in Asian currencies
    BIS Quarterly Review, 2004 View citations (34)

2003

27. Unifying government bond markets in East Asia
    BIS Quarterly Review, 2003 View citations (11)

2002

28. International market implications of declining Treasury debt, panel discussion
    Proceedings, 2002, 952-966 View citations (1)
29. Panel: Implications of Declining Treasury Debt: International Market Implications of Declining Treasury Debt
    Journal of Money, Credit and Banking, 2002, 34, (3), 952-66 View citations (2)

1999

30. The Euro and the Dollar, 1998
    Open Economies Review, 1999, 10, (1), 91-133

1994

31. How lower Japanese asset prices affect Pacific financial markets
    Quarterly Review, 1994, (Spr), 19-33 View citations (13)

1992

32. Corporate refinancing in the 1990s
    Quarterly Review, 1992, (Win), 1-27
33. Foreign bank credit to U.S. corporations: the implications of offshore loans
    Quarterly Review, 1992, (Spr), 52-65 View citations (27)

1991

34. The cost of capital for securities firms in the United States and Japan
    Quarterly Review, 1991, (Aut), 14-27 View citations (1)

1990

35. Bank cost of capital and international competition
    Quarterly Review, 1990, (Win), 33-59 View citations (5)
36. The cost of capital for banks in international competition
    Proceedings, 1990, 536-561

1989

37. Explaining international differences in the cost of capital
    Quarterly Review, 1989, (Sum), 7-28 View citations (16)

1987

38. Eurocommercial paper and U.S. commercial paper: converging money markets?
    Quarterly Review, 1987, (Aut), 24-35 View citations (1)
39. Financial consequences of new Asian surpluses
    Quarterly Review, 1987, (Sum), 32-44 View citations (2)

1986

40. Are large U.S. banks moving international activity off their balance sheets?
    Quarterly Review, 1986, (Sum), 42-44

Books

2012

1. New Paradigms in Monetary Theory and Policy?
   SUERF Studies, SUERF - The European Money and Finance Forum

2002

2. Setting Monetary Policy in East Asia: Goals, Developments and Institutions
   Occasional Papers, South East Asian Central Banks (SEACEN) Research and Training Centre View citations (4)
   See also Chapter (2001)

1990

3. Policies toward corporate leveraging
   Monograph, Federal Reserve Bank of New York
   See also Working Paper (1990)

Edited books

2011

1. Monetary Policy after the Crisis
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (4)

Chapters

2012

1. China’s Saving and Exchange Rate in Global Rebalancing
   SUERF - The European Money and Finance Forum

2011

2. Managing foreign exchange reserves in the crisis and after
   A chapter in Portfolio and risk management for central banks and sovereign wealth funds, 2011, vol. 58, pp 19-47 View citations (1)
3. Monetary Policy after the Crisis – Key Findings of a Conference Jointly Organised by SUERF and the National Bank of Poland in Warsaw on 4 March 2011
   SUERF - The European Money and Finance Forum
4. The euro and the yen as anchor currencies before and during the financial crisis - comments on Moss's paper "The euro: internationalised at birth" and Takagi's paper "Internationalising the yen, 1984-2003: unfinished agenda or mission impossible?"
   A chapter in Currency internationalisation: lessons from the global financial crisis and prospects for the future in Asia and the Pacific, 2011, vol. 61, pp 93-104

2009

5. Hong Kong and Shanghai: Yesterday, Today and Tomorrow
   A chapter in Financial Sector Development in the Pacific Rim, East Asia Seminar on Economics, Volume 18, 2009, pp 13-37 View citations (1)
6. Opening speech to "Household debt: implications for monetary policy and financial stability"
   A chapter in Household debt: implications for monetary policy and financial stability, 2009, vol. 46, pp 17-18 View citations (1)

2008

7. Developing financial markets and operating monetary policy in Asia
   A chapter in Financial market developments and their implications for monetary policy, 2008, vol. 39, pp 126-141 View citations (3)

2006

8. Consolidating the public debt markets of Asia
   A chapter in Asian bond markets: issues and prospects, 2006, vol. 30, pp 82-98 View citations (1)
9. Developing the bond market(s) of East Asia: global, regional or national?
   A chapter in Asian bond markets: issues and prospects, 2006, vol. 30, pp 19-39 View citations (6)
10. Understanding monetary policy in Malaysia and Thailand: objectives, instruments and independence
    A chapter in Monetary policy in Asia: approaches and implementation, 2006, vol. 31, pp 172-198 View citations (6)

2004

11. Discussion of 'Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?'
    A chapter in The Future of Inflation Targeting, 2004

2003

12. Discussion of 'Stock Market Volatility and Monetary Policy: What the Historical Record Shows'
    A chapter in Asset Prices and Monetary Policy, 2003
13. Introduction
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 1-6
14. Liberalising the capital account without losing balance: lessons from Korea
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 75-92 View citations (5)
15. Opening China’s capital account amid ample dollar liquidity
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 25-34 View citations (3)

2001

16. Setting Monetary Policy in East Asia: Goals, Developments and Institutions
    A chapter in Future Directions for Monetary Policies in East Asia, 2001 View citations (1)
    See also Book (2002)

1999

17. The Euro and the Liquidity of European Fixed Income Markets
    A chapter in Market Liquidity: Research Findings and Selected Policy Implications, 1999, vol. 11, pp 1-26 View citations (8)