Details about Shaghil Ahmed

Access statistics for papers by Shaghil Ahmed.

Last updated 2017-06-27. Update your information in the RePEc Author Service.

Short-id: pah199

Working Papers

2021

1. U.S. Monetary Policy Spillovers to Emerging Markets: Both Shocks and Vulnerabilities Matter
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
   Also in Staff Reports, Federal Reserve Bank of New York (2021) View citations (2)

2020

2. The Impact of COVID-19 on Emerging Market Economies' Financial Conditions
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) View citations (6)

2019

3. Global Spillovers of a China Hard Landing
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (5)

2018

4. Should We Be Concerned Again About U.S. Current Account Sustainability?
   IFDP Notes, Board of Governors of the Federal Reserve System (U.S.)

2017

5. China's Footprints on the Global Economy: Remarks Delivered at the Second IMF and Federal Reserve Bank of Atlanta Research Workshop on the Chinese Economy
   IFDP Notes, Board of Governors of the Federal Reserve System (U.S.)
6. International Financial Spillovers to Emerging Market Economies: How Important Are Economic Fundamentals?
   Supervisory Research and Analysis Working Papers, Federal Reserve Bank of Boston View citations (34)
   Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2015) View citations (15)

2013

7. Capital flows to emerging market economies: a brave new world?
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (51)
   See also Journal Article in Journal of International Money and Finance (2014)

2009

8. Are Chinese exports sensitive to changes in the exchange rate?
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (25)

2007

9. The role of China in Asia: engine, conduit, or steamroller?
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (14)

2006

10. How External Shocks and Exchange Rate Depreciations Affect Pakistan? Implications for Choice of an Exchange Rate Regime
    MPRA Paper, University Library of Munich, Germany View citations (3)
    See also Journal Article in SBP Research Bulletin (2006)

2005

11. The Economy in the Aftermath of the Earthquake
    MPRA Paper, University Library of Munich, Germany

2002

12. Are depreciations as contractionary as devaluations? A comparison of selected emerging and industrial economies
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (20)
13. Recent U.S. macroeconomic stability: good policies, good practices or good luck?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article in The Review of Economics and Statistics (2004)

1999

14. Sources of economic fluctuations in Latin America and implications for choice of exchange rate regimes
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (8)
    See also Journal Article in Journal of Development Economics (2003)

1998

15. Inflation and the great ratios: long-term evidence from the U.S
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article in Journal of Monetary Economics (2000)

1996

16. Long-term evidence on the Tobin and Fisher effects: a new approach
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (4)

1995

17. Government budget deficits and trade deficits: are present value constraints satisfied in long-term data?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (150)
    Also in Working Papers, Pennsylvania State - Department of Economics (1993) View citations (14)
    See also Journal Article in Journal of Monetary Economics (1995)

1994

18. The importance of the tax system in determining the marginal cost of funds
    Working Papers, Federal Reserve Bank of Philadelphia
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1992)
    Working Papers, Pennsylvania State - Department of Economics (1992)
    See also Journal Article in Public Finance = Finances publiques (1995)
19. The marginal cost of funds with nonseparable public spending
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1992)
    Working Papers, Pennsylvania State - Department of Economics (1992) View citations (15)
    See also Journal Article in Public Finance Review (1996)

1993

20. Money and output: the relative importance of real and nominal shocks
    Working Papers, Federal Reserve Bank of Philadelphia
21. Money, Output and Real Business Cycles in a Small, Open Economy
    Working Papers, Pennsylvania State - Department of Economics
    Also in Working Papers, Pennsylvania State - Department of Economics (1992) View citations (5)
    See also Journal Article in Canadian Journal of Economics (1994)

1992

22. Sources of macroeconomic fluctuations in small open economies
    Working Papers, Federal Reserve Bank of Philadelphia
    See also Journal Article in Journal of Macroeconomics (1994)

1990

23. OPTIMAL WAGE INDEXATION WITH EX ANTE LABOR MARKET-CLEARING AND DIVERSIFICATION BY FIRM OWNERS
    Working Papers, Pennsylvania State - Department of Economics
24. SOURCES OF THE MONEY-OUTPUT CORRELATION
    Working Papers, Pennsylvania State - Department of Economics
25. THE WELFARE EFFECTS OF DISTORTIONARY TAXATION AND GOVERNMENT SPENDING: SOME NEW RESULTS
    Working Papers, Pennsylvania State - Department of Economics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1990)

1989

26. FISCAL TRENDS AND RESL BUSINESS CYCLES
    Working Papers, Pennsylvania State - Department of Economics View citations (1)
27. INTERNATIONAL BUSINESS CYCLES
    Working Papers, Pennsylvania State - Department of Economics View citations (88)
    See also Journal Article in American Economic Review (1993)
28. THE WELFARE EFFECTS OF DISTORTIONARY TAXATION AND GOVERNMENT SPENDING
    Working Papers, Pennsylvania State - Department of Economics

1988

29. ISLAMIC BANKING AND FINANCE: A REVIEW ESSAY
    Working Papers, Pennsylvania State - Department of Economics View citations (2)
    See also Journal Article in Journal of Monetary Economics (1989)
30. SUBSTITUTION EFFECTS AND THE MARGINAL WELFARE COST OF TAXATION
    Working Papers, Pennsylvania State - Department of Economics View citations (2)
    Also in Working Papers, Pennsylvania State - Department of Economics (1988) View citations (2)

Journal Articles

2014

1. Capital flows to emerging market economies: A brave new world?
   Journal of International Money and Finance, 2014, 48, (PB), 221-248 View citations (333)
   See also Working Paper (2013)

2006

2. How External Shocks and Exchange Rate Depreciations Affect Pakistan? Implications for Choice of an Exchange Rate Regime
   SBP Research Bulletin, 2006, 2, 61-68 View citations (3)
   See also Working Paper (2006)

2004

3. Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?
   The Review of Economics and Statistics, 2004, 86, (3), 824-832 View citations (132)
   See also Working Paper (2002)

2003

4. Sources of economic fluctuations in Latin America and implications for choice of exchange rate regimes
   Journal of Development Economics, 2003, 72, (1), 181-202 View citations (97)
   See also Working Paper (1999)

2000

5. Business Cycles in Emerging Market Economies
   Money Affairs, 2000, XIII, (1), 87-111 View citations (6)
6. Inflation and the great ratios: Long term evidence from the U.S
   Journal of Monetary Economics, 2000, 45, (1), 3-35 View citations (86)
   See also Working Paper (1998)

1998

7. Comment on "The Legal Environment, Banks, and Long-Run Economic Growth."
   Journal of Money, Credit and Banking, 1998, 30, (3), 614-20 View citations (26)

1996

8. Balanced-budget rules and public deficits: evidence from the U.S. states A comment
   Carnegie-Rochester Conference Series on Public Policy, 1996, 45, (1), 77-87 View citations (2)
9. The Marginal Cost of Funds With Nonseparable Public Spending
   Public Finance Review, 1996, 24, (2), 216-236 View citations (7)
   See also Working Paper (1994)

1995

10. Fiscal Trends in Real Economic Aggregates
    Journal of Money, Credit and Banking, 1995, 27, (4), 985-1001 View citations (21)
11. Government budget deficits and trade deficits Are present value constraints satisfied in long-term data?
    Journal of Monetary Economics, 1995, 36, (2), 351-374 View citations (173)
    See also Working Paper (1995)
12. The Importance of the Tax System in Determining the Marginal Cost of Funds
    Public Finance = Finances publiques, 1995, 50, (2), 173-81
    See also Working Paper (1994)

1994

13. Money, Output, and Real Business Cycles in a Small Open Economy
    Canadian Journal of Economics, 1994, 27, (4), 982-93 View citations (12)
    See also Working Paper (1993)
14. Sources of macroeconomic fluctuations in small open economies
    Journal of Macroeconomics, 1994, 16, (1), 1-36 View citations (48)
    See also Working Paper (1992)

1993

15. Does money affect output?
    Business Review, 1993, (Jul), 13-28 View citations (4)
16. International Business Cycles
    American Economic Review, 1993, 83, (3), 335-59 View citations (133)
    See also Working Paper (1989)

1989

17. Islamic banking and finance: A review essay
    Journal of Monetary Economics, 1989, 24, (1), 157-167 View citations (9)
    See also Working Paper (1988)

1987

18. Government spending, the balance of trade and the terms of trade in British history
    Journal of Monetary Economics, 1987, 20, (2), 195-220 View citations (44)
19. Wage stickiness and the non-neutrality of money: A cross-industry analysis
    Journal of Monetary Economics, 1987, 20, (1), 25-50 View citations (11)

1986

20. Temporary and permanent government spending in an open economy: Some evidence for the United Kingdom
    Journal of Monetary Economics, 1986, 17, (2), 197-224 View citations (84)