Details about Paolo A. Pesenti

Access statistics for papers by Paolo A. Pesenti.

Last updated 2009-11-11. Update your information in the RePEc Author Service.

Short-id: ppe152

Working Papers

2009

1. Commodity prices, commodity currencies, and global economic developments
   Staff Reports, Federal Reserve Bank of New York

2008

2. Oil Price Movements and the Global Economy: A Model-Based Assessment
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in Working Papers, Bank of Canada (2007) View citations
   NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
   See also Journal Article in IMF Staff Papers (2008)
3. Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in RSCAS Working Papers, European University Institute (2008) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations

2006

4. Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Staff Reports, Federal Reserve Bank of New York (2006)
   NBER Working Papers, National Bureau of Economic Research, Inc (2006)
   See also Journal Article in Journal of the Japanese and International Economies (2006)
5. Welfare-based monetary policy rules in an estimated DSGE model of the US economy
   Working Paper Series, European Central Bank View citations
6. Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations
   Staff Reports, Federal Reserve Bank of New York (2006) View citations
   See also Journal Article in Journal of Economic Dynamics and Control (2008)

2005

7. Productivity Spillovers, Terms of Trade and the "Home Market Effect"
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
8. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See also Chapter (2007)
   Journal Article in Proceedings (2005)
9. The Simple Geometry of Transmission and Stabilization in Closed and Open Economies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Economics Working Papers, European University Institute (2005) View citations
   Staff Reports, Federal Reserve Bank of New York (2005) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations

2004

10. Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working Paper Series, European Central Bank (2004) View citations
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations
    Staff Reports, Federal Reserve Bank of New York (2004) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations

2003

11. Monetary Rules for Small, Open, Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Monetary Economics (2003)

2002

12. International Dimensions of Optimal Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Staff Reports, Federal Reserve Bank of New York (2001) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations
    See also Journal Article in Journal of Monetary Economics (2005)
13. Self-Validating Optimum Currency Areas
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations
    Staff Reports, Federal Reserve Bank of New York (2002) View citations

2001

14. The Role of Large Players in Currency Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (2002)

1999

15. Competitive Devaluations: A Welfare-Based Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Staff Reports, Federal Reserve Bank of New York (1999) View citations

1998

16. Interpreting the ERM Crisis: Country-Specific and Systemic Issues
    Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (1997)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations
17. Paper Tigers? A Model of the Asian Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Research Paper, Federal Reserve Bank of New York (1998) View citations
    See also Journal Article in European Economic Review (1999)
18. What Caused the Asian Currency and Financial Crisis?
    Working Papers, Banca Italia - Servizio di Studi View citations
    See also Journal Article in Japan and the World Economy (1999)
19. What Caused the Asian Currency and Financial Crisis? Part I: A Macroeconomic Overview
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
20. What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1997

21. Welfare and Macroeconomic Interdependence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in The Quarterly Journal of Economics (2001)

1996

22. Do Nontraded Goods Explain the Home Bias Puzzle?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1995

23. A Center-Periphery Model of Monetary Coordination and Exchange Rate Crises
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations

1990

24. PERFORATE AND IMPERFORATE CURRENCY BANDS: EXCHANGE RATE MANAGEMENT AND THE TERM STRUCTURE OF INTEREST RATE DIFFERENTIALS
    Working Papers, Yale - Economic Growth Center View citations
25. RATIONAL SPECULATION BUBBLES IN EXCHANGE RATE TARGET ZONE
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics
26. Rational Speculative Bubbles in an Exchange Rate Target Zone
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations

Journal Articles

2008

1. Oil Price Movements and the Global Economy: A Model-Based Assessment
   IMF Staff Papers, 2008, 55, (2), 297-311 View citations
   See also Working Paper (2008)
2. The Global Economy Model: Theoretical Framework
   IMF Staff Papers, 2008, 55, (2), 243-284 View citations
3. Would protectionism defuse global imbalances and spur economic activity? A scenario analysis
   Journal of Economic Dynamics and Control, 2008, 32, (8), 2651-2689
   See also Working Paper (2006)

2007

4. Productivity, terms of trade and the `home market effect'
   Journal of International Economics, 2007, 73, (1), 99-127 View citations

2006

5. Deflationary shocks and monetary rules: An open-economy scenario analysis
   Journal of the Japanese and International Economies, 2006, 20, (4), 665-698
   See also Working Paper (2006)

2005

6. International dimensions of optimal monetary policy
   Journal of Monetary Economics, 2005, 52, (2), 281-305 View citations
   See also Working Paper (2002)
7. Smooth landing or crash? model based scenarios of global current account rebalancing
   Proceedings, 2005 View citations
   See also Chapter (2007)
   Working Paper (2005)

2003

8. Monetary rules for small, open, emerging economies
   Journal of Monetary Economics, 2003, 50, (5), 1109-1146 View citations
   See also Working Paper (2003)
9. When leaner isn't meaner: measuring the benefits and spillovers of greater competition in Europe
   Proceedings, 2003 View citations

2002

10. Can Nontradables Generate Substantial Home Bias?
    Journal of Money, Credit and Banking, 2002, 34, (1), 25-50 View citations

2001

11. Welfare And Macroeconomic Interdependence
    The Quarterly Journal of Economics, 2001, 116, (2), 421-445 View citations
    See also Working Paper (1997)

2000

12. Competitive devaluations: toward a welfare-based approach
    Journal of International Economics, 2000, 51, (1), 217-241 View citations
13. The (Past and) Future of European Currencies
    Cuadernos de Economía (Latin American Journal of Economics), 2000, 37, (110), 35-62 View citations
14. The economics of currency crises and contagion: an introduction
    Economic Policy Review, 2000, (Sep), 3-16 View citations

1999

15. Paper tigers?: A model of the Asian crisis
    European Economic Review, 1999, 43, (7), 1211-1236 View citations
    See also Working Paper (1998)
16. Stability, Asymmetry, and Discontinuity: The Launch of European Monetary Union
    Brookings Papers on Economic Activity, 1999, 30, (1999-2), 295-372 View citations
17. What caused the Asian currency and financial crisis?
    Japan and the World Economy, 1999, 11, (3), 305-373 View citations
    See also Working Paper (1998)

1996

18. Wages, profits and the international portfolio puzzle
    European Economic Review, 1996, 40, (2), 219-254 View citations

Chapters

2008

1. Comment on "Reflections on Monetary Policy in the Open Economy"
   A chapter in NBER International Seminar on Macroeconomics 2008, 2008

2007

2. Comment on "Current Account Dynamics and Monetary Policy"
   A chapter in International Dimensions of Monetary Policy, 2007
3. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
   A chapter in G7 Current Account Imbalances: Sustainability and Adjustment, 2007, pp 377-456 View citations
   See also Working Paper (2005)
   Journal Article in Proceedings (2005)

2002

4. The Role of Large Players in Currency Crises
   A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 197-268 View citations
   See also Working Paper (2001)

2001

5. Fundamental Determinants of the Asian Crisis: The Role of Financial Fragility and External Imbalances
   A chapter in Regional and Global Capital Flows: Macroeconomics Causes and Consequences, NBER-EASE Volume 10, 2001, pp 11-46 View citations