Details about Carlos Végh

Access statistics for papers by Carlos Végh.

Last updated 2008-10-04. Update your information in the RePEc Author Service.

Short-id: pve34

Working Papers

2008

1. Interest Rates and the Exchange Rate: A Non-Monotonic Tale
   NBER Working Papers, National Bureau of Economic Research, Inc
2. Procyclical Fiscal Policy in Developing Countries: Truth or Fiction?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2007

3. Optimal exchange rate regimes: Turning Mundell-Fleming's dictum on its head
   Staff General Research Papers, Iowa State University, Department of Economics
   Also in
   NBER Working Papers, National Bureau of Economic Research, Inc (2006)
4. Segmented Asset Markets and Optimal Exchange Rate Regimes
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in
   Staff General Research Papers, Iowa State University, Department of Economics (2004) View citations
   See Also Journal Article in Journal of International Economics (2007)

2006

5. When Is It Optimal to Abandon a Fixed Exchange Rate?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2005

6. Output Costs, Currency Crises, and Interest Rate Defense of a Peg
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See Also Journal Article in Economic Journal (2007)

2004

7. Optimal Monetary Policy under Asset Market Segmentation
   Econometric Society 2004 North American Summer Meetings, Econometric Society View citations
8. When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2003

9. The Unholy Trinity of Financial Contagion
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See Also Journal Article in Journal of Economic Perspectives (2003)

2002

10. Modern Hyper- and High Inflations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    IMF Working Papers, International Monetary Fund (2002) View citations
    See Also Journal Article in Journal of Economic Literature (2002)

2001

11. Living with the Fear of Floating: An Optimal Policy Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
12. Monetary Policy, Interest Rate Rules, and Inflation Targeting: Some Basic Equivalences
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Working Papers Central Bank of Chile, Central Bank of Chile (1998)

2000

13. Delaying the Inevitable: Optimal Interest Rate Policy and BOP Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
14. Tax Base Variability and Procyclical Fiscal Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1999

15. Do Exchange Rate-Based Stabilizations Carry the Seeds of Their Own Destruction?
    MPRA Paper, University Library of Munich, Germany View citations
16. Inflation Stabilization and BOP Crises in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See Also Chapter (1999)

1998

17. From Transition to Market - Evidence and Growth Prospects
    IMF Working Papers, International Monetary Fund View citations
18. How Far is Eastern Europe from Brussels?
    IMF Working Papers, International Monetary Fund View citations
19. Inflation Stabilization and the Consumption of Durable Goods
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations
    See Also Journal Article in Economic Journal (1998)
20. What If Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See Also Journal Article in Journal of Monetary Economics (2002)

1997

21. Banks and Macroeconomic Disturbances Under Predetermined Exchange Rates
    CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations
    See Also Journal Article in Journal of Monetary Economics (1997)
22. If Only Alexander Hamilton Had Been Argentinean: A Comparison of the Early Monetary Experiences of Argentina and the United States
    Departmental Working Papers, Rutgers University, Department of Economics View citations
23. Losing Credibility: The Stabilization Blues
    CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA View citations
    Also in
    IMF Working Papers, International Monetary Fund (1992) View citations
    See Also Journal Article in International Economic Review (1999)

1996

24. Stabilization and Growth in Transition Economies - The Early Experience
    IMF Working Papers, International Monetary Fund View citations
    See Also Journal Article in Journal of Economic Perspectives (1996)

1995

25. Capital Flows in Central and Eastern Europe: Evidence and Policy Options
    IMF Working Papers, International Monetary Fund View citations
26. Disinflation and the Recession-Now-Versus-Recession-Later Hypothesis: Evidence from Uruguay
    IMF Working Papers, International Monetary Fund View citations
27. Dollarization in Transition Economies: Evidence and Policy Implications
    IMF Working Papers, International Monetary Fund View citations
28. Inflation and Stabilization in Transition Economies: A Comparison with Market Economies
    IMF Working Papers, International Monetary Fund View citations
29. Real Effects of Exchange Rate-Based Stabilization: An Analysis of Competing Theories
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1995) View citations

1994

30. Targeting the Real Exchange Rate: Theory and Evidence
    IMF Working Papers, International Monetary Fund View citations
    See Also Journal Article in Journal of Development Economics (1995)

1993

31. Inflation Stabilization and Nominal Anchors
    IMF Policy Discussion Papers, International Monetary Fund View citations
    See Also Journal Article in Contemporary Economic Policy (1994)
32. Stabilization Dynamics and Backward-Looking Contracts
    IMF Working Papers, International Monetary Fund
    See Also Journal Article in Journal of Development Economics (1994)

1992

33. Currency Substitution in Developing Countries - An Introduction
    IMF Working Papers, International Monetary Fund View citations

1991

34. Exchange-Rate-Based Stabilization Under Imperfect Credibility - G. A. Calvo and C. A. Vegh
    IMF Working Papers, International Monetary Fund View citations
35. Stopping High Inflation: An Analytical Overview
    IMF Working Papers, International Monetary Fund View citations

1990

36. Credibility and the Dynamics of Stabilization Policy: A Basic Framework
    IMF Working Papers, International Monetary Fund View citations
37. INTEREST RATE TARGETING IN A SMALL OPEN ECONOMY: THE PREDETERMINED EXCHANGE RATES CASE
    IMF Working Papers, International Monetary Fund View citations
38. Money Supply and Interest Rate Policy in a New-Keynesian Framework
    IMF Working Papers, International Monetary Fund

Journal Articles

2007

1. Output Costs, Currency Crises and Interest Rate Defence of a Peg
   Economic Journal, 2007, 117, (516), 216-239 View citations
   See Also Working Paper (2005)
2. Segmented asset markets and optimal exchange rate regimes
   Journal of International Economics, 2007, 72, (1), 1-21 View citations
   See Also Working Paper (2007)

2005

3. Tax base variability and procyclical fiscal policy in developing countries
   Journal of Development Economics, 2005, 78, (1), 156-190 View citations

2003

4. Delaying the Inevitable: Interest Rate Defense and Balance of Payments Crises
   Journal of Political Economy, 2003, 111, (2), 404-424 View citations
5. The Unholy Trinity of Financial Contagion
   Journal of Economic Perspectives, 2003, 17, (4), 51-74 View citations
   See Also Working Paper (2003)

2002

6. Modern Hyper- and High Inflations
   Journal of Economic Literature, 2002, 40, (3), 837-880 View citations
   See Also Working Paper (2002)
7. What if Alexander Hamilton had been Argentinean? A comparison of the early monetary experiences of Argentina and the United States
   Journal of Monetary Economics, 2002, 49, (3), 459-494 View citations
   See Also Working Paper (1998)

1999

8. Losing Credibility: The Stabilization Blues
   International Economic Review, 1999, 40, (1), 23-51 View citations
   See Also Working Paper (1997)

1998

9. Inflation Stabilisation and the Consumption of Durable Goods
   Economic Journal, 1998, 108, (446), 105-31 View citations
   See Also Working Paper (1998)

1997

10. Banks and macroeconomic disturbances under predetermined exchange rates
    Journal of Monetary Economics, 1997, 40, (2), 239-278 View citations
    See Also Working Paper (1997)

1996

11. Disinflation and Interest-Bearing Money
    Economic Journal, 1996, 106, (439), 1546-63 View citations
12. Economies in Transition: The Beginnings of Growth
    American Economic Review, 1996, 86, (2), 229-33 View citations
13. Stabilization and Growth in Transition Economies: The Early Experience
    Journal of Economic Perspectives, 1996, 10, (2), 45-66 View citations
    Also in
    VOPROSY ECONOMIKI
    See Also Working Paper (1996)

1995

14. Fighting Inflation with High Interest Rates: The Small Open Economy Case under Flexible Prices
    Journal of Money, Credit and Banking, 1995, 27, (1), 49-66 View citations
15. Inflationary finance and currency substitution in a public finance framework
    Journal of International Money and Finance, 1995, 14, (5), 679-693 View citations
16. Nominal interest rates, consumption booms, and lack of credibility: A quantitative examination
    Journal of Development Economics, 1995, 46, (2), 357-378 View citations
17. Targeting the real exchange rate: theory and evidence
    Journal of Development Economics, 1995, 47, (1), 97-133 View citations
    See Also Working Paper (1994)

1994

18. Currency substitution and the optimal inflation tax (economics letters 42, no. 1, 1993, pp. 65-70)
    Economics Letters, 1994, 44, (3), 345-345
19. Inflation Stabilization and Nominal Anchors
    Contemporary Economic Policy, 1994, 12, (2), 35-45 View citations
    See Also Working Paper (1993)
20. Stabilization dynamics and backward-looking contracts
    Journal of Development Economics, 1994, 43, (1), 59-84 View citations
    See Also Working Paper (1993)

1993

21. Currency substitution and the optimal inflation tax
    Economics Letters, 1993, 42, (1), 65-70
22. The optimal inflation tax when money reduces transactions costs: A reconsideration
    Journal of Monetary Economics, 1993, 31, (2), 189-205 View citations

1992

23. Macroeconomic interdependence under capital controls: A two-country model of dual exchange rates
    Journal of International Economics, 1992, 32, (3-4), 353-367 View citations

1989

24. The optimal inflation tax in the presence of currency substitution
    Journal of Monetary Economics, 1989, 24, (1), 139-146 View citations

Chapters

1999

1. Inflation stabilization and bop crises in developing countries
   Chapter 24 in Handbook of Macroeconomics, 1999, vol. 1, Part C, pp 1531-1614 View citations
   See Also Working Paper (1999)