Details about Manuel Amador

Access statistics for papers by Manuel Amador.

Last updated 2025-04-28. Update your information in the RePEc Author Service.

Short-id: pam50

Working Papers

2025

1. Tariff Wars and Net Foreign Assets
   NBER Working Papers, National Bureau of Economic Research, Inc

2024

2. Bank Runs, Fragility, and Regulation
   Working Papers, Federal Reserve Bank of Minneapolis
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)

2023

3. Helicopter Drops and Liquidity Traps
   Working Papers, Federal Reserve Bank of Minneapolis
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)
4. Pareto Improving Fiscal and Monetary Policies: Samuelson in the New Keynesian Model
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   Also in Staff Report, Federal Reserve Bank of Minneapolis (2023) View citations (3)

2022

5. Micro Risks and Pareto Improving Policies
   Working Papers, Princeton University. Economics Department.

2021

6. Bank Runs, Fragility, and Credit Easing
   Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (5)
   See also Journal Article Bank Runs, Fragility, and Credit Easing, American Economic Review, American Economic Association (2024) View citations (2) (2024)
7. Micro Risks and (Robust) Pareto Improving Policies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
   See also Journal Article Micro Risks and (Robust) Pareto-Improving Policies, American Economic Review, American Economic Association (2024) (2024)
8. Micro Risks and Pareto Improving Policies with Low Interest Rates
   Staff Report, Federal Reserve Bank of Minneapolis View citations (8)
9. Reputation and Partial Default
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   See also Journal Article Reputation and Partial Default, American Economic Review: Insights, American Economic Association (2023) (2023)

2019

10. On the Welfare Losses from External Sovereign Borrowing
    2019 Meeting Papers, Society for Economic Dynamics View citations (6)
    See also Journal Article On the Welfare Losses from External Sovereign Borrowing, IMF Economic Review, Palgrave Macmillan (2020) View citations (11) (2020)

2018

11. Reputation and Sovereign Default
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2018) View citations (2)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (1)
    See also Journal Article Reputation and Sovereign Default, Econometrica, Econometric Society (2021) View citations (3) (2021)
12. Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2018) View citations (2)
    See also Journal Article Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models, American Economic Review, American Economic Association (2020) View citations (18) (2020)

2017

13. Exchange Rate Policies at the Zero Lower Bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (24)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (31)
    Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (15)
    See also Journal Article Exchange Rate Policies at the Zero Lower Bound, The Review of Economic Studies, Review of Economic Studies Ltd (2020) View citations (39) (2020)
14. Optimal Reserve Management at the Zero Lower Bound
    2017 Meeting Papers, Society for Economic Dynamics

2016

15. Maturity and Multiplicity in Sovereign Debt Models
    2016 Meeting Papers, Society for Economic Dynamics View citations (2)
16. Reverse Speculative Attacks
    Staff Report, Federal Reserve Bank of Minneapolis View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (18)
    See also Journal Article Reverse speculative attacks, Journal of Economic Dynamics and Control, Elsevier (2016) View citations (18) (2016)
17. Sustainable Exchange Rates
    2016 Meeting Papers, Society for Economic Dynamics View citations (3)
18. Take the Short Route: Equilibrium Default and Debt Maturity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    See also Journal Article Take the Short Route: Equilibrium Default and Debt Maturity, Econometrica, Econometric Society (2019) View citations (56) (2019)

2015

19. Coordination and Crisis in Monetary Unions
    2015 Meeting Papers, Society for Economic Dynamics View citations (75)
    Also in Working Paper, Harvard University OpenScholar View citations (60)
    Staff Report, Federal Reserve Bank of Minneapolis (2015) View citations (48)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (11)
    See also Journal Article Coordination and Crisis in Monetary Unions, The Quarterly Journal of Economics, President and Fellows of Harvard College (2015) View citations (75) (2015)
20. Fiscal Policy in Debt Constrained Economies
    Staff Report, Federal Reserve Bank of Minneapolis View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (8)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (6)
    See also Journal Article Fiscal policy in debt constrained economies, Journal of Economic Theory, Elsevier (2016) View citations (19) (2016)

2014

21. Sovereign Debt Booms in Monetary Unions
    Scholarly Articles, Harvard University Department of Economics View citations (23)
    Also in Working Paper, Harvard University OpenScholar View citations (8)
    See also Journal Article Sovereign Debt Booms in Monetary Unions, American Economic Review, American Economic Association (2014) View citations (26) (2014)
22. Take the Short Route: How to repay and restructure sovereign debt with multiple maturities
    2014 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (31)

2013

23. Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
    Working Papers, Princeton University. Economics Department. View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (92)
24. Sovereign Debt: A Review
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)

2011

25. Growth dynamics in a small open economy under political economy frictions
    2011 Meeting Papers, Society for Economic Dynamics

2010

26. Growth in the Shadow of Expropriation
    2010 Meeting Papers, Society for Economic Dynamics View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (21)
    Discussion Papers, Stanford Institute for Economic Policy Research (2009) View citations (19)
    See also Journal Article Growth in the Shadow of Expropriation, The Quarterly Journal of Economics, President and Fellows of Harvard College (2011) View citations (219) (2011)

2009

27. Expropriation Dynamics
    Scholarly Articles, Harvard University Department of Economics View citations (1)
    See also Journal Article Expropriation Dynamics, American Economic Review, American Economic Association (2009) View citations (2) (2009)

2008

28. Investment Cycles and Sovereign Debt Overhang
    Scholarly Articles, Harvard University Department of Economics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (6)
    See also Journal Article Investment Cycles and Sovereign Debt Overhang, The Review of Economic Studies, Review of Economic Studies Ltd (2009) View citations (111) (2009)
29. Learning from Prices: Public Communication and Welfare
    2008 Meeting Papers, Society for Economic Dynamics View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (22)
    See also Journal Article Learning from Prices: Public Communication and Welfare, Journal of Political Economy, University of Chicago Press (2010) View citations (144) (2010)

2007

30. Investment Cycles and Sovereign Debt (formerly Efficient Expropriation)
    2007 Meeting Papers, Society for Economic Dynamics View citations (1)
31. Sovereign Debt and the Tragedy of the Commons
    2007 Meeting Papers, Society for Economic Dynamics

2006

32. Efficient Expropriation: Sustainable Fiscal Policy in a Small Open Economy
    Working Papers, Princeton University. Economics Department.
    Also in Working Papers, Federal Reserve Bank of Boston (2006) View citations (6)
33. Learning by Matching
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)
34. Learning from Private and Public Observation of Other's Actions
    MPRA Paper, University Library of Munich, Germany View citations (30)

2005

35. Efficient Fiscal Policy and Amplification
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
36. Fiscal Policy Amplified Shocks in Emerging Markets
    2005 Meeting Papers, Society for Economic Dynamics

2004

37. A Political Model Sovereign Debt Repayment
    2004 Meeting Papers, Society for Economic Dynamics View citations (33)
38. Commitment vs. Flexibility
    2004 Meeting Papers, Society for Economic Dynamics View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (20)
    See also Journal Article Commitment vs. Flexibility, Econometrica, Econometric Society (2006) View citations (120) (2006)

Journal Articles

2024

1. Bank Runs, Fragility, and Credit Easing
   American Economic Review, 2024, 114, (7), 2073-2110 View citations (2)
   See also Working Paper Bank Runs, Fragility, and Credit Easing, Working Papers (2021) View citations (3) (2021)
2. Micro Risks and (Robust) Pareto-Improving Policies
   American Economic Review, 2024, 114, (11), 3669-3713
   See also Working Paper Micro Risks and (Robust) Pareto Improving Policies, NBER Working Papers (2021) View citations (9) (2021)

2023

3. Reputation and Partial Default
   American Economic Review: Insights, 2023, 5, (2), 158-72
   See also Working Paper Reputation and Partial Default, NBER Working Papers (2021) View citations (3) (2021)

2022

4. Regulating a monopolist with uncertain costs without transfers
   Theoretical Economics, 2022, 17, (4) View citations (1)

2021

5. Reputation and Sovereign Default
   Econometrica, 2021, 89, (4), 1979-2010 View citations (3)
   See also Working Paper Reputation and Sovereign Default, NBER Working Papers (2018) View citations (5) (2018)

2020

6. Exchange Rate Policies at the Zero Lower Bound
   The Review of Economic Studies, 2020, 87, (4), 1605-1645 View citations (39)
   See also Working Paper Exchange Rate Policies at the Zero Lower Bound, CEPR Discussion Papers (2017) View citations (24) (2017)
7. Money burning in the theory of delegation
   Games and Economic Behavior, 2020, 121, (C), 382-412 View citations (4)
8. On the Welfare Losses from External Sovereign Borrowing
   IMF Economic Review, 2020, 68, (1), 163-194 View citations (11)
   See also Working Paper On the Welfare Losses from External Sovereign Borrowing, 2019 Meeting Papers (2019) View citations (6) (2019)
9. Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models
   American Economic Review, 2020, 110, (9), 2783-2818 View citations (18)
   See also Working Paper Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models, NBER Working Papers (2018) View citations (3) (2018)

2019

10. A contraction for sovereign debt models
    Journal of Economic Theory, 2019, 183, (C), 842-875 View citations (17)
11. Take the Short Route: Equilibrium Default and Debt Maturity
    Econometrica, 2019, 87, (2), 423-462 View citations (56)
    See also Working Paper Take the Short Route: Equilibrium Default and Debt Maturity, NBER Working Papers (2016) View citations (18) (2016)

2018

12. A note on interval delegation
    Economic Theory Bulletin, 2018, 6, (2), 239-249 View citations (3)

2016

13. Fiscal policy in debt constrained economies
    Journal of Economic Theory, 2016, 161, (C), 37-75 View citations (19)
    See also Working Paper Fiscal Policy in Debt Constrained Economies, Staff Report (2015) View citations (1) (2015)
14. Reverse speculative attacks
    Journal of Economic Dynamics and Control, 2016, 72, (C), 125-137 View citations (18)
    See also Working Paper Reverse Speculative Attacks, Staff Report (2016) View citations (18) (2016)

2015

15. Coordination and Crisis in Monetary Unions
    The Quarterly Journal of Economics, 2015, 130, (4), 1727-1779 View citations (75)
    See also Working Paper Coordination and Crisis in Monetary Unions, 2015 Meeting Papers (2015) View citations (75) (2015)

2014

16. Sovereign Debt Booms in Monetary Unions
    American Economic Review, 2014, 104, (5), 101-06 View citations (26)
    See also Working Paper Sovereign Debt Booms in Monetary Unions, Scholarly Articles (2014) View citations (23) (2014)

2013

17. The Theory of Optimal Delegation With an Application to Tariff Caps
    Econometrica, 2013, 81, (4), 1541-1599 View citations (151)

2012

18. Learning from private and public observations of othersʼ actions
    Journal of Economic Theory, 2012, 147, (3), 910-940 View citations (56)
19. Tariff Revenue and Tariff Caps
    American Economic Review, 2012, 102, (3), 459-65 View citations (8)

2011

20. Growth in the Shadow of Expropriation
    The Quarterly Journal of Economics, 2011, 126, (2), 651-697 View citations (219)
    See also Working Paper Growth in the Shadow of Expropriation, 2010 Meeting Papers (2010) View citations (2) (2010)

2010

21. Learning from Prices: Public Communication and Welfare
    Journal of Political Economy, 2010, 118, (5), 866 - 907 View citations (144)
    See also Working Paper Learning from Prices: Public Communication and Welfare, 2008 Meeting Papers (2008) View citations (15) (2008)

2009

22. Expropriation Dynamics
    American Economic Review, 2009, 99, (2), 473-79 View citations (2)
    See also Working Paper Expropriation Dynamics, Scholarly Articles (2009) View citations (1) (2009)
23. Investment Cycles and Sovereign Debt Overhang
    The Review of Economic Studies, 2009, 76, (1), 1-31 View citations (111)
    See also Working Paper Investment Cycles and Sovereign Debt Overhang, Scholarly Articles (2008) View citations (1) (2008)

2006

24. Commitment vs. Flexibility
    Econometrica, 2006, 74, (2), 365-396 View citations (120)
    See also Working Paper Commitment vs. Flexibility, 2004 Meeting Papers (2004) View citations (12) (2004)

Chapters

2022

1. Discussion of the Case of Bolivia
   A chapter in A Monetary and Fiscal History of Latin America, 1960-2017, 2022, pp 127-129

2014

2. Sovereign Debt
   Elsevier View citations (50)