Details about Jose Manuel Campa

Access statistics for papers by Jose Manuel Campa.

Last updated 2023-11-11. Update your information in the RePEc Author Service.

Short-id: pca393

Working Papers

2020

1. Do foreign stocks substitute for international diversification?
   Post-Print, HAL
   See also Journal Article Do foreign stocks substitute for international diversification?, European Financial Management, European Financial Management Association (2020) (2020)

2012

2. Macroeconomic Adjustment under Loose Financing Conditions in the Construction Sector
   Working Papers, BBVA Bank, Economic Research Department View citations (1)

2009

3. Asymmetric collateral requirements and output composition
   Working Papers, Banco de España View citations (1)
4. Cash, access to credit, and value creation in M&As
   Working Papers, Banco de España View citations (1)

2008

5. Movilidad, ventas cruzadas y competencia en el sector bancario minorista de la Unión Europea
   IESE Research Papers, IESE Business School
6. Non-linear adjustment of import prices in the European Union
   Bank of England working papers, Bank of England View citations (10)
   Also in Working Papers, Banco de España (2006) View citations (9)
   IESE Research Papers, IESE Business School (2008) View citations (10)
7. The European M&A industry: Trends, patterns and shortcomings
   IESE Research Papers, IESE Business School View citations (4)

2007

8. The reaction by industry insiders to M&As in the European financial industry
   IESE Research Papers, IESE Business School
   Also in Working Papers, Banco de España (2007)
   See also Journal Article The Reaction by Industry Insiders to M&As in the European Financial Industry, Journal of Financial Services Research, Springer (2008) View citations (11) (2008)

2006

9. Current accounts in the euro area: An intertemporal approach
   IESE Research Papers, IESE Business School View citations (9)
   Also in Working Papers, Banco de España (2006) View citations (9)
   See also Journal Article Current accounts in the euro area: An intertemporal approach, Journal of International Money and Finance, Elsevier (2011) View citations (32) (2011)
10. Distribution Margins, Imported Inputs and the Insensitivity of the CPI to Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (63)
    Also in Staff Reports, Federal Reserve Bank of New York (2006) View citations (67)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (98)
    IESE Research Papers, IESE Business School (2006) View citations (92)
11. Integración y consolidación en el sistema financiero europeo
    IESE Research Papers, IESE Business School
12. Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (59)
    Also in Staff Reports, Federal Reserve Bank of New York (2006) View citations (36)
    IESE Research Papers, IESE Business School (2006) View citations (53)
    See also Chapter Pass-Through of Exchange Rates to Consumption Prices: What Has Changed and Why?, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (9) (2008)

2005

13. Exchange Rate Pass-Through to Import Prices in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (172)
    Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations (102)
    Working Papers, Banco de España (2005) View citations (167)
    IESE Research Papers, IESE Business School (2005) View citations (179)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (171)
14. M&AS performance in the European financial industry
    IESE Research Papers, IESE Business School View citations (2)
    Also in Working Papers, Banco de España (2005) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (2)
    See also Journal Article M&As performance in the European financial industry, Journal of Banking & Finance, Elsevier (2006) View citations (61) (2006)

2004

15. Differences in Exchange Rate Pass-Through in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in IESE Research Papers, IESE Business School (2002) View citations (15)
    Working Papers, Banco de España (2002) View citations (16)
    See also Journal Article Differences in exchange rate pass-through in the euro area, European Economic Review, Elsevier (2006) View citations (83) (2006)
16. Exchange Rate Pass-Through into Import Prices
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (120)
    See also Journal Article Exchange Rate Pass-Through into Import Prices, The Review of Economics and Statistics, MIT Press (2005) View citations (887) (2005)
17. La importancia de la histéresis en las exportaciones de manufacturas de los países de la UEM
    Working Papers, Banco de España
    Also in IESE Research Papers, IESE Business School (2004) View citations (8)
    See also Journal Article La importancia de la histéresis en las exportaciones de manufacturas de los países de la UEM, Monetaria, CEMLA (2004) (2004)
18. Shareholder Value Creation in European M&As
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (105)
    See also Journal Article Shareholder Value Creation in European M&As, European Financial Management, European Financial Management Association (2004) View citations (101) (2004)
19. Sources of Gains from International Portfolio Diversification
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in IESE Research Papers, IESE Business School (2004) View citations (8)
    See also Journal Article Sources of gains from international portfolio diversification, Journal of Empirical Finance, Elsevier (2006) View citations (35) (2006)

2002

20. Exchange Rate Pass-Through into Import Prices: A Macro or Micro Phenomenon?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (374)
    Also in Staff Reports, Federal Reserve Bank of New York (2002) View citations (300)
    IESE Research Papers, IESE Business School (2002) View citations (372)
21. Exchange rate crises and bilateral trade flows in Latin America
    IESE Research Papers, IESE Business School View citations (6)
22. Exporting and capital investment: On the strategic behavior of exporters
    IESE Research Papers, IESE Business School View citations (80)
23. Value creation in European M&As
    Working Papers, Banco de España View citations (3)
    Also in IESE Research Papers, IESE Business School (2002) View citations (4)

2000

24. An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1999
    Working Papers, CEMFI
    Also in Working Papers, Centro de Estudios Monetarios Y Financieros- (2000)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000)
    IESE Research Papers, IESE Business School (2000)
    See also Journal Article An options-based analysis of emerging market exchange rate expectations: Brazil's Real Plan, 1994-1999, Journal of Development Economics, Elsevier (2002) View citations (12) (2002)
25. Exchange Rates and Trade: How Important is Hysteresis in Trade?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in IESE Research Papers, IESE Business School (2000) View citations (11)
    See also Journal Article Exchange rates and trade: How important is hysteresis in trade?, European Economic Review, Elsevier (2004) View citations (206) (2004)
26. Explaining the diversification discount
    IESE Research Papers, IESE Business School View citations (6)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (1999) View citations (20)
    See also Journal Article Explaining the Diversification Discount, Journal of Finance, American Finance Association (2002) View citations (380) (2002)

1999

27. An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1997
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (4)
28. Employment versus Wage Adjustment and the U.S. Dollar
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (10)
    Staff Reports, Federal Reserve Bank of New York (1998) View citations (5)
    See also Journal Article Employment Versus Wage Adjustment And The U.S. Dollar, The Review of Economics and Statistics, MIT Press (2001) View citations (149) (2001)

1998

29. Goods Arbitrage and Real Exchange Rate Stationarity
    Working Papers, Oesterreichische Nationalbank (Austrian Central Bank)

1997

30. Implied Exchange Rate Distributions: Evidence from OTC Option Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
31. Is Real Exchange Rate Mean Reversion Caused By Arbitrage?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
32. The Evolving External Orientation of Manufacturing Industries: Evidence from Four Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (174)
33. The Forecasting Ability of Correlations Implied in Foreign Exchange Options
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Papers, Columbia - Graduate School of Business (1995)
    See also Journal Article The forecasting ability of correlations implied in foreign exchange options, Journal of International Money and Finance, Elsevier (1998) View citations (54) (1998)

1996

34. Investment, pass-through, and exchange rates: a cross-country comparison
    Staff Reports, Federal Reserve Bank of New York
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (17)
    Working Papers, C.V. Starr Center for Applied Economics, New York University (1995) View citations (11)
    See also Journal Article Investment, Pass-Through, and Exchange Rates: A Cross-Country Comparison, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1999) View citations (108) (1999)

1995

35. Arbitrage-Based Tests of Target Zone Credibility: Evidence from ERM Cross-Rate Options
    Working Papers, Columbia - Graduate School of Business View citations (16)
    See also Journal Article Arbitrage-Based Tests of Target-Zone Credibility: Evidence from ERM Cross-Rate Options, American Economic Review, American Economic Association (1996) View citations (67) (1996)

1994

36. Realignment risk in the exchange rate mechanism: evidence from pound- mark cross-rate options
    Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
37. Testing the Expectations Hypothesis on the Term Structure of Implied Volatilities in Foreign Exchange Options
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics

1993

38. Investment in Manufacturing, Exchange-Rate and External Exposure
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (13)
    See also Journal Article Investment in manufacturing, exchange rates and external exposure, Journal of International Economics, Elsevier (1995) View citations (127) (1995)

Journal Articles

2022

1. Réflexions sur la réglementation financière de l'UE post-Brexit
   Revue d'économie financière, 2022, N° 148, (4), 71-81

2020

2. Do foreign stocks substitute for international diversification?
   European Financial Management, 2020, 26, (5), 1191-1223
   See also Working Paper Do foreign stocks substitute for international diversification?, Post-Print (2020) (2020)

2014

3. Does Regional Integration Change the Effects of Country-Level Institutional Barriers on M&A? The Case of the European Union
   Management International Review, 2014, 54, (6), 853-877 View citations (11)
4. New trends in mergers and acquisitions: Idiosyncrasies of the European market
   Journal of Business Research, 2014, 67, (7), 1478-1485 View citations (14)

2012

5. Fiscal Challenges in the E uro Zone
   Asian Economic Policy Review, 2012, 7, (2), 180-197

2011

6. Current accounts in the euro area: An intertemporal approach
   Journal of International Money and Finance, 2011, 30, (1), 205-228 View citations (32)
   Also in Economic Bulletin, 2007, (APR), 121-129 (2007) View citations (1)
   See also Working Paper Current accounts in the euro area: An intertemporal approach, IESE Research Papers (2006) View citations (9) (2006)

2010

7. The Sensitivity of the CPI to Exchange Rates: Distribution Margins, Imported Inputs, and Trade Exposure
   The Review of Economics and Statistics, 2010, 92, (2), 392-407 View citations (283)

2008

8. The Reaction by Industry Insiders to M&As in the European Financial Industry
   Journal of Financial Services Research, 2008, 33, (2), 127-146 View citations (11)
   See also Working Paper The reaction by industry insiders to M&As in the European financial industry, IESE Research Papers (2007) (2007)

2007

9. Un análisis intertemporal de los saldos de la balanza por cuenta corriente de los países de la zona del euro
   Boletín Económico, 2007, (FEB), 51-59

2006

10. Corporate restructuring and M&A activity
    CESifo Forum, 2006, 7, (01), 17-21
11. Differences in exchange rate pass-through in the euro area
    European Economic Review, 2006, 50, (1), 121-145 View citations (83)
    See also Working Paper Differences in Exchange Rate Pass-Through in the Euro Area, CEPR Discussion Papers (2004) View citations (5) (2004)
12. M&As performance in the European financial industry
    Journal of Banking & Finance, 2006, 30, (12), 3367-3392 View citations (61)
    See also Working Paper M&AS performance in the European financial industry, IESE Research Papers (2005) View citations (2) (2005)
13. Sources of gains from international portfolio diversification
    Journal of Empirical Finance, 2006, 13, (4-5), 417-443 View citations (35)
    See also Working Paper Sources of Gains from International Portfolio Diversification, CEPR Discussion Papers (2004) View citations (4) (2004)
14. Una valoración de los procesos de fusión en el sector financiero europeo
    Boletín Económico, 2006, (FEB), 91-102

2005

15. Exchange Rate Pass-Through into Import Prices
    The Review of Economics and Statistics, 2005, 87, (4), 679-690 View citations (887)
    See also Working Paper Exchange Rate Pass-Through into Import Prices, CEPR Discussion Papers (2004) View citations (120) (2004)
16. Has the pass-through of movements in the euro exchange rate into import prices changed since the start of EMU?
    Economic Bulletin, 2005, (JAN), 111-124

2004

17. Exchange rates and trade: How important is hysteresis in trade?
    European Economic Review, 2004, 48, (3), 527-548 View citations (206)
    See also Working Paper Exchange Rates and Trade: How Important is Hysteresis in Trade?, CEPR Discussion Papers (2000) View citations (11) (2000)
18. Introduction
    European Financial Management, 2004, 10, (1), 7-8
19. La importancia de la histéresis en las exportaciones de manufacturas de los países de la UEM
    Monetaria, 2004, XXVII, (2), 169-222
    See also Working Paper La importancia de la histéresis en las exportaciones de manufacturas de los países de la UEM, Working Papers (2004) (2004)
20. La transmisión de los movimientos del tipo de cambio del euro a los precios de las importaciones: ¿Ha cambiado tras el inicio de la UEM?
    Boletín Económico, 2004, (DEC), 75-87
21. Shareholder Value Creation in European M&As
    European Financial Management, 2004, 10, (1), 47-81 View citations (101)
    See also Working Paper Shareholder Value Creation in European M&As, CEPR Discussion Papers (2004) View citations (105) (2004)
22. The Comovement of Returns and Investment within the Multinational Firm [with Comments]
    NBER International Seminar on Macroeconomics, 2004, 2004, (1), 197 - 237 View citations (1)

2002

23. An options-based analysis of emerging market exchange rate expectations: Brazil's Real Plan, 1994-1999
    Journal of Development Economics, 2002, 69, (1), 227-253 View citations (12)
    See also Working Paper An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1999, Working Papers (2000) (2000)
24. Creación de valor en los procesos de fusión empresarial en la economía europea
    Boletín Económico, 2002, (OCT), 73-82
25. Exchange Rate Misalignment: Concepts and Measurement for Developing Countries, Lawrence Hinkle and Peter Montiel (eds.), World Bank, 1999
    Journal of International Economics, 2002, 57, (1), 257-260 View citations (1)
26. Explaining the Diversification Discount
    Journal of Finance, 2002, 57, (4), 1731-1762 View citations (380)
    See also Working Paper Explaining the diversification discount, IESE Research Papers (2000) View citations (6) (2000)
27. La transmisión de los movimientos del tipo de cambio del euro a los costes y precios del área
    Boletín Económico, 2002, (JUN), 55-62

2001

28. Employment Versus Wage Adjustment And The U.S. Dollar
    The Review of Economics and Statistics, 2001, 83, (3), 477-489 View citations (149)
    See also Working Paper Employment versus Wage Adjustment and the U.S. Dollar, Working Papers (1999) (1999)

1999

29. Investment, Pass-Through, and Exchange Rates: A Cross-Country Comparison
    International Economic Review, 1999, 40, (2), 287-314 View citations (108)
    See also Working Paper Investment, pass-through, and exchange rates: a cross-country comparison, Staff Reports (1996) (1996)

1998

30. ERM Realignment Risk and Its Economic Determinants as Reflected in Cross-Rate Options
    Economic Journal, 1998, 108, (449), 1046-66 View citations (26)
31. Implied exchange rate distributions: evidence from OTC option markets1
    Journal of International Money and Finance, 1998, 17, (1), 117-160 View citations (90)
32. Market Structure and Foreign Direct Investment
    Review of International Economics, 1998, 6, (3), 361-80 View citations (13)
33. The forecasting ability of correlations implied in foreign exchange options
    Journal of International Money and Finance, 1998, 17, (6), 855-880 View citations (54)
    See also Working Paper The Forecasting Ability of Correlations Implied in Foreign Exchange Options, NBER Working Papers (1997) View citations (6) (1997)

1997

34. Comments on: "A political theory of foreign investment: An alternative approach" by S. Takemori and M. Tsumagari (Japan and the World Economy 9 (1997) 515-531)
    Japan and the World Economy, 1997, 9, (4), 533-535
35. ERM bandwidths for EMU and after: evidence from foreign exchange options
    Economic Policy, 1997, 12, (24), 53-89 View citations (7)
36. Irreversible Investments And Volatile Markets: A Study Of The Chemical Processing Industry
    The Review of Economics and Statistics, 1997, 79, (1), 79-87 View citations (42)
37. The evolving external orientation of manufacturing: a profile of four countries
    Economic Policy Review, 1997, 3, (Jul), 53-81 View citations (124)

1996

38. Arbitrage-Based Tests of Target-Zone Credibility: Evidence from ERM Cross-Rate Options
    American Economic Review, 1996, 86, (4), 726-40 View citations (67)
    See also Working Paper Arbitrage-Based Tests of Target Zone Credibility: Evidence from ERM Cross-Rate Options, Working Papers (1995) View citations (16) (1995)
39. Options-based evidence of the credibility of the peseta in the ERM
    Investigaciones Economicas, 1996, 20, (1), 3-22

1995

40. Investment in manufacturing, exchange rates and external exposure
    Journal of International Economics, 1995, 38, (3-4), 297-320 View citations (127)
    See also Working Paper Investment in Manufacturing, Exchange-Rate and External Exposure, Working Papers (1993) View citations (4) (1993)
41. Testing the Expectations Hypothesis on the Term Structure of Volatilities in Foreign Exchange Options
    Journal of Finance, 1995, 50, (2), 529-47 View citations (49)

1994

42. Multinational Investment under Uncertainty in the Chemical Processing Industries
    Journal of International Business Studies, 1994, 25, (3), 557-578 View citations (17)

1993

43. Entry by Foreign Firms in the United States under Exchange Rate Uncertainty
    The Review of Economics and Statistics, 1993, 75, (4), 614-22 View citations (152)

Chapters

2008

1. Pass-Through of Exchange Rates to Consumption Prices: What Has Changed and Why?
   A chapter in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, 2008, pp 139-176 View citations (9)
   See also Working Paper Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?, National Bureau of Economic Research, Inc (2006) View citations (59) (2006)

1998

2. LEARNING FROM THE TERM STRUCTURE OF IMPLIED VOLATILITY IN FOREIGN EXCHANGE OPTIONS
   Chapter 5 in Currency Options And Exchange Rate Economics, 1998, pp 73-93
3. OPTIONS ON EXCHANGE RATES IN TARGET ZONES
   Chapter 9 in Currency Options And Exchange Rate Economics, 1998, pp 157-182 View citations (1)