Details about Atish Ghosh

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Postal address:	International Monetary Fund 700 19th Street, N.W. Washington DC 20431
Workplace:	International Monetary Fund (IMF), (more information at EDIRC)

Access statistics for papers by Atish Ghosh.

Last updated 2022-07-21. Update your information in the RePEc Author Service.

Short-id: pgh16

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Working Papers

2019

1. The Motives to Borrow
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
   Also in IMF Working Papers, International Monetary Fund (2019) View citations (14)

2017

2. FX Intervention in the New Keynesian Model
   IMF Working Papers, International Monetary Fund View citations (4)
   See also Journal Article FX Intervention in the New Keynesian Model, Journal of Money, Credit and Banking, Blackwell Publishing (2020) View citations (2) (2020)
3. Managing the Tide: How Do Emerging Markets Respond to Capital Flows?
   IMF Working Papers, International Monetary Fund View citations (65)

2016

4. Capital Inflow Surges and Consequences
   ADBI Working Papers, Asian Development Bank Institute View citations (6)
5. Managing Capital Outflows: The Role of Foreign Exchange Intervention
   2016 Meeting Papers, Society for Economic Dynamics
6. Unconventional Policy Instruments in the New Keynesian Model
   IMF Working Papers, International Monetary Fund View citations (7)
7. What’s In a Name? That Which We Call Capital Controls
   IMF Working Papers, International Monetary Fund View citations (9)
   See also Journal Article What’s in a name? That which we call capital controls, Economic Policy, CEPR, CESifo, Sciences Po (2020) View citations (1) (2020)

2015

8. Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
   Working Paper Series, Peterson Institute for International Economics View citations (94)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (93)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (100)
   IMF Working Papers, International Monetary Fund (2015) View citations (94)
   See also Journal Article Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence, IMF Economic Review, Palgrave Macmillan (2017) View citations (53) (2017)
9. When Should Public Debt Be Reduced?
   IMF Staff Discussion Notes, International Monetary Fund View citations (52)

2014

10. Exchange Rate Management and Crisis Susceptibility: A Reassessment
    IMF Working Papers, International Monetary Fund View citations (34)
    See also Journal Article Exchange Rate Management and Crisis Susceptibility: A Reassessment, IMF Economic Review, Palgrave Macmillan (2015) View citations (71) (2015)
11. Friedman Redux: External Adjustment and Exchange Rate Flexibility
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article Friedman Redux: External Adjustment and Exchange Rate Flexibility, The Economic Journal, Royal Economic Society (2019) View citations (7) (2019)
12. Regulating Capital Flows at Both Ends: Does it Work?
    IMF Working Papers, International Monetary Fund View citations (47)

2013

13. Obstacles to International Policy Coordination, and How to Overcome Them
    IMF Staff Discussion Notes, International Monetary Fund View citations (29)

2012

14. Multilateral Aspects of Managing the Capital Account
    IMF Staff Discussion Notes, International Monetary Fund View citations (37)
15. Shifting Motives: Explaining the Buildup in official Reserves in Emerging Markets Since the 1980's
    IMF Working Papers, International Monetary Fund View citations (50)
    See also Journal Article Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s, IMF Economic Review, Palgrave Macmillan (2017) View citations (19) (2017)
16. Surges
    IMF Working Papers, International Monetary Fund View citations (2)
    See also Journal Article Surges, Journal of International Economics, Elsevier (2014) (2014)
17. Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies
    IMF Staff Discussion Notes, International Monetary Fund View citations (103)
    See also Journal Article Two targets, two instruments: Monetary and exchange rate policies in emerging market economies, Journal of International Money and Finance, Elsevier (2016) View citations (100) (2016)

2011

18. Exchange Rate Regimes and the Stability of the International Monetary System
    IMF Occasional Papers, International Monetary Fund View citations (17)
19. Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (76)
    See also Journal Article Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies, Economic Journal, Royal Economic Society (2013) View citations (366) (2013)
20. Managing Capital Inflows: The Role of Capital Controls and Prudential Policies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
21. Managing Capital Inflows: What Tools to Use?
    IMF Staff Discussion Notes, International Monetary Fund View citations (216)
22. Words vs. Deeds: What Really Matters?
    IMF Working Papers, International Monetary Fund View citations (16)

2009

23. Coping with the Crisis: Policy Options for Emerging Market Countries
    IMF Staff Position Notes, International Monetary Fund View citations (34)

2008

24. Capital Inflows and Balance of Payments Pressures: Tailoring Policy Responses in Emerging Market Economies
    IMF Policy Discussion Papers, International Monetary Fund View citations (9)
25. IMF Support and Crisis Prevention
    IMF Occasional Papers, International Monetary Fund View citations (5)

2007

26. Modeling Aggregate Use of Fund Resources—Analytical Approaches and Medium-Term Projections
    IMF Working Papers, International Monetary Fund View citations (6)

2005

27. Lessons from the Crisis in Argentina
    IMF Occasional Papers, International Monetary Fund View citations (4)
28. The Design of IMF-Supported Programs
    IMF Occasional Papers, International Monetary Fund View citations (17)

2002

29. Structural Vulnerabilities and Currency Crises
    IMF Working Papers, International Monetary Fund View citations (29)
    See also Journal Article Structural Vulnerabilities and Currency Crises, IMF Staff Papers, Palgrave Macmillan (2003) View citations (34) (2003)

2001

30. Imperfect Exchange Rate Passthrough: Strategic Pricing and Menu Costs
    CESifo Working Paper Series, CESifo View citations (20)

2000

31. East Asia in the aftermath: Was there a crunch?
    Research Notes, Deutsche Bank Research View citations (5)
    Also in IMF Working Papers, International Monetary Fund (1999) View citations (83)
32. Managing Financial Crises: The Experience in East Asia
    IMF Working Papers, International Monetary Fund View citations (50)
    See also Journal Article Managing financial crises: the experience in East Asia, Carnegie-Rochester Conference Series on Public Policy, Elsevier (2000) View citations (47) (2000)
33. The Interest Rate-Exchange Rate Nexus in the Asian Crisis Countries
    IMF Working Papers, International Monetary Fund View citations (20)

1999

34. IMF-Supported Programs in Indonesia, Korea and Thailand
    IMF Occasional Papers, International Monetary Fund View citations (55)

1998

35. Currency Boards: The Ultimate Fix?
    IMF Working Papers, International Monetary Fund View citations (62)
36. Inflation, Disinflation, and Growth
    IMF Working Papers, International Monetary Fund View citations (34)
37. Thresholds and Context Dependence in Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)

1997

38. Does The Nominal Exchange Rate Regime Matter?
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (270)
    Also in IMF Working Papers, International Monetary Fund (1995) View citations (68)
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (338)
39. Geographical and Sectoral Shocks in the U.S. Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
40. Inflation in Transition Economies: How Much? and Why?
    IMF Working Papers, International Monetary Fund View citations (15)

1996

41. On the Mark(s) Optimim Currency Areas in Germany
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics
    See also Journal Article On the mark(s): Optimum currency areas in Germany, Economic Modelling, Elsevier (1996) View citations (1) (1996)
42. The Output-Inflation Nexus in Ukraine: Is there a Trade-Off?
    IMF Working Papers, International Monetary Fund View citations (2)

1994

43. Export Instability and the External Balance in Developing Countries
    IMF Working Papers, International Monetary Fund View citations (74)
    See also Journal Article Export Instability and the External Balance in Developing Countries, IMF Staff Papers, Palgrave Macmillan (1994) View citations (75) (1994)
44. How Many Monies? A Genetic Approach to Finding Optimum Currency Areas
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (1994) View citations (28)
45. Pricing in International Markets: Lessons From The Economist
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
    Also in Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics (1994) View citations (54)

1993

46. Do Capital Flows Reflect Economic Fundamentals in Developing Countries?
    IMF Working Papers, International Monetary Fund View citations (18)

1992

47. Macroeconomic Uncertainty, Precautionary Savings and the Current Account
    IMF Working Papers, International Monetary Fund View citations (3)
    See also Journal Article Macroeconomic uncertainty, precautionary saving, and the current account, Journal of Monetary Economics, Elsevier (1997) View citations (58) (1997)
48. The Savings Trap and Economic Take-Off
    IMF Working Papers, International Monetary Fund View citations (2)

1990

49. ACCOUNTING FOR REAL EXCHANGE RATE MOVEMENTS IN THE SHORT- RUN AND THE LONG -RUN
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper
50. DOES MODEL UNCERTAINTY REALLY PRECLUDE INTERNATIONAL POLICY COORDINATION?
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper View citations (2)
    See also Journal Article Does model uncertainty really preclude international policy coordination?, Journal of International Economics, Elsevier (1991) View citations (3) (1991)
51. FISCAL POLICY, COMPETITIVENESS, AND THE EXTERNAL BALANCE
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper
52. IS IT SIGNALLING EXCHANGE INTERVENTION AND THE DOLLAR- DEUTSCHEMARK RATE
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper View citations (5)
    See also Journal Article Is it signalling? Exchange intervention and the dollar-Deutschemark rate, Journal of International Economics, Elsevier (1992) View citations (44) (1992)
53. STRTEGIC ASPECTS OF PUBLIC FINANCE IN A WORLD WITH HIGH CAPITAL MOBILITY
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper View citations (5)
    See also Journal Article Strategic aspects of public finance in a world with high capital mobility, Journal of International Economics, Elsevier (1991) View citations (14) (1991)

Journal Articles

2020

1. FX Intervention in the New Keynesian Model
   Journal of Money, Credit and Banking, 2020, 52, (7), 1755-1791 View citations (2)
   See also Working Paper FX Intervention in the New Keynesian Model, IMF Working Papers (2017) View citations (4) (2017)
2. What’s in a name? That which we call capital controls
   Economic Policy, 2020, 35, (101), 147-208 View citations (1)
   See also Working Paper What’s In a Name? That Which We Call Capital Controls, IMF Working Papers (2016) View citations (9) (2016)

2019

3. Friedman Redux: External Adjustment and Exchange Rate Flexibility
   The Economic Journal, 2019, 129, (617), 408-438 View citations (7)
   See also Working Paper Friedman Redux: External Adjustment and Exchange Rate Flexibility, IMF Working Papers (2014) View citations (15) (2014)

2018

4. Managing Capital Outflows with Limited Reserves
   IMF Economic Review, 2018, 66, (2), 333-374 View citations (6)

2017

5. Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
   IMF Economic Review, 2017, 65, (3), 563-585 View citations (53)
   See also Working Paper Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence, Working Paper Series (2015) View citations (94) (2015)
6. Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s
   IMF Economic Review, 2017, 65, (2), 308-364 View citations (19)
   See also Working Paper Shifting Motives: Explaining the Buildup in official Reserves in Emerging Markets Since the 1980's, IMF Working Papers (2012) View citations (50) (2012)

2016

7. Capital Flows: Expansionary or Contractionary?
   American Economic Review, 2016, 106, (5), 565-69 View citations (48)
8. On the obstacles to international policy coordination
   Journal of International Money and Finance, 2016, 67, (C), 25-40 View citations (26)
9. Two targets, two instruments: Monetary and exchange rate policies in emerging market economies
   Journal of International Money and Finance, 2016, 60, (C), 172-196 View citations (100)
   See also Working Paper Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies, IMF Staff Discussion Notes (2012) View citations (103) (2012)
10. When Do Capital Inflow Surges End in Tears?
    American Economic Review, 2016, 106, (5), 581-85 View citations (55)

2015

11. 5. Les gouvernements doivent-ils réduire la dette publique ?
    Regards croisés sur l'économie, 2015, n° 17, (2), 88-100
12. Exchange Rate Management and Crisis Susceptibility: A Reassessment
    IMF Economic Review, 2015, 63, (1), 238-276 View citations (71)
    See also Working Paper Exchange Rate Management and Crisis Susceptibility: A Reassessment, IMF Working Papers (2014) View citations (34) (2014)

2014

13. Accounting for emerging market countries' international reserves: Are Pacific Rim countries different?
    Journal of International Money and Finance, 2014, 49, (PA), 52-82 View citations (7)
14. On the Value of Words: Inflation and Fixed Exchange Rate Regimes
    IMF Economic Review, 2014, 62, (2), 288-322 View citations (12)
15. Surges
    Journal of International Economics, 2014, 92, (2), 266-285
    See also Working Paper Surges, IMF Working Papers (2012) View citations (2) (2012)

2013

16. Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
    Economic Journal, 2013, F4-F30 View citations (366)
    See also Working Paper Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies, NBER Working Papers (2011) View citations (76) (2011)
17. Fiscal space and sovereign risk pricing in a currency union
    Journal of International Money and Finance, 2013, 34, (C), 131-163 View citations (78)
18. Is the exchange rate regime really irrelevant for external adjustment?
    Economics Letters, 2013, 118, (1), 104-109 View citations (47)

2012

19. Dos objetivos, dos instrumentos: políticas monetaria y cambiaria en economías de mercados emergentes
    Boletín, 2012, LVIII, (2), 94-114
20. Tools for managing financial-stability risks from capital inflows
    Journal of International Economics, 2012, 88, (2), 407-421 View citations (237)
    See also Chapter Tools for Managing Financial-Stability Risks from Capital Inflows, NBER Chapters, 2011 (2011) View citations (18) (2011)

2011

21. Capital Controls: When and Why&quest
    IMF Economic Review, 2011, 59, (3), 562-580 View citations (49)
22. Gestión de la entrada de capitales: ¿Qué herramientas usar?
    Boletín, 2011, LVII, (3), 138-174
23. IMF POLICY ADVICE TO EMERGING MARKET ECONOMIES DURING THE 2008–2009 CRISIS: NEW FUND OR NEW FUNDAMENTALS?
    Journal of International Commerce, Economics and Policy (JICEP), 2011, 02, (01), 1-17

2010

24. Catherine Schenk (ed.), Hong Kong SAR's Monetary and Exchange Rate Challenges: Historical Perspectives (Basingstoke: Palgrave Macmillan, 2008, 216 pp., £60)
    Financial History Review, 2010, 17, (1), 123-124
25. Entradas de capital: el papel de los controles
    Revista de Economía Institucional, 2010, 12, (23), 135-164
    Also in Boletín, 2010, LVI, (1), 38-57 (2010)

2009

26. Conseils aux pays émergents sur la crise actuelle: quoi de neuf ? qu’est-ce qui a changé ? pourquoi ?
    Revue d'Économie Financière, 2009, 95, (2), 307-323

2008

27. Modeling Aggregate Use of IMF Resources—Analytical Approaches and Medium-Term Projections
    IMF Staff Papers, 2008, 55, (1), 1-49 View citations (10)

2003

28. Structural Vulnerabilities and Currency Crises
    IMF Staff Papers, 2003, 50, (3), 7 View citations (34)
    See also Working Paper Structural Vulnerabilities and Currency Crises, IMF Working Papers (2002) View citations (29) (2002)

2002

29. Central bank secrecy in the foreign exchange market
    European Economic Review, 2002, 46, (2), 253-272 View citations (14)

2000

30. Currency boards: More than a quick fix?
    Economic Policy, 2000, 15, (31), 270-335 View citations (92)
31. Managing financial crises: the experience in East Asia
    Carnegie-Rochester Conference Series on Public Policy, 2000, 53, (1), 1-67 View citations (47)
    See also Working Paper Managing Financial Crises: The Experience in East Asia, IMF Working Papers (2000) View citations (50) (2000)

1998

32. Warning: Inflation May Be Harmful to Your Growth
    IMF Staff Papers, 1998, 45, (4), 672-710 View citations (194)

1997

33. Macroeconomic uncertainty, precautionary saving, and the current account
    Journal of Monetary Economics, 1997, 40, (1), 121-139 View citations (58)
    See also Working Paper Macroeconomic Uncertainty, Precautionary Savings and the Current Account, IMF Working Papers (1992) View citations (3) (1992)

1996

34. On the mark(s): Optimum currency areas in Germany
    Economic Modelling, 1996, 13, (4), 561-573 View citations (1)
    See also Working Paper On the Mark(s) Optimim Currency Areas in Germany, Working Papers (1996) (1996)

1995

35. International Capital Mobility amongst the Major Industrialised Countries: Too Little or Too Much?
    Economic Journal, 1995, 105, (428), 107-28 View citations (192)
36. Intertemporal Tax-Smoothing and the Government Budget Surplus: Canada and the United States
    Journal of Money, Credit and Banking, 1995, 27, (4), 1033-45 View citations (43)
37. The Current Account in Developing Countries: A Perspective from the Consumption-Smoothing Approach
    The World Bank Economic Review, 1995, 9, (2), 305-33 View citations (87)

1994

38. Export Instability and the External Balance in Developing Countries
    IMF Staff Papers, 1994, 41, (2), 214-235 View citations (75)
    See also Working Paper Export Instability and the External Balance in Developing Countries, IMF Working Papers (1994) View citations (74) (1994)

1992

39. Fiscal policy, the terms of trade, and the external balance
    Journal of International Economics, 1992, 33, (1-2), 105-125 View citations (11)
40. Is it signalling? Exchange intervention and the dollar-Deutschemark rate
    Journal of International Economics, 1992, 32, (3-4), 201-220 View citations (44)
    See also Working Paper IS IT SIGNALLING EXCHANGE INTERVENTION AND THE DOLLAR- DEUTSCHEMARK RATE, Working Papers (1990) View citations (5) (1990)

1991

41. Does model uncertainty really preclude international policy coordination?
    Journal of International Economics, 1991, 31, (3-4), 325-340 View citations (3)
    See also Working Paper DOES MODEL UNCERTAINTY REALLY PRECLUDE INTERNATIONAL POLICY COORDINATION?, Working Papers (1990) View citations (2) (1990)
42. Model Uncertainty, Learning, and the Gains from Coordination
    American Economic Review, 1991, 81, (3), 465-79 View citations (24)
43. Strategic aspects of public finance in a world with high capital mobility
    Journal of International Economics, 1991, 30, (3-4), 229-247 View citations (14)
    See also Working Paper STRTEGIC ASPECTS OF PUBLIC FINANCE IN A WORLD WITH HIGH CAPITAL MOBILITY, Working Papers (1990) View citations (5) (1990)

1989

44. Foreign Borrowing and Export Promotion Policies
    IMF Staff Papers, 1989, 36, (4), 904-933 View citations (4)

1988

45. International Policy Coordination in a World with Model Uncertainty
    IMF Staff Papers, 1988, 35, (2), 230-258 View citations (10)

1986

46. International policy coordination in an uncertain world
    Economics Letters, 1986, 21, (3), 271-276 View citations (2)

Books

2018

1. Taming the Tide of Capital Flows: A Policy Guide, vol 1
   MIT Press Books, The MIT Press View citations (31)

2008

2. Currency Boards in Retrospect and Prospect, vol 1
   MIT Press Books, The MIT Press View citations (28)

2003

3. Exchange Rate Regimes: Choices and Consequences, vol 1
   MIT Press Books, The MIT Press View citations (208)

Edited books

2015

1. Capital Controls
   Books, Edward Elgar Publishing View citations (1)

Chapters

2015

1. Sterilized Foreign Exchange Interventions under Inflation Targeting
   Chapter 07 in Global Liquidity, Spillovers to Emerging Markets and Policy Responses, 2015, vol. 20, pp 223-244 View citations (1)

2012

2. Are All Emerging Market Crises Alike?
   Chapter 10 in Global Economic Crisis, 2012 View citations (1)

2011

3. Tools for Managing Financial-Stability Risks from Capital Inflows
   A chapter in Global Financial Crisis, 2011 View citations (18)
   See also Journal Article Tools for managing financial-stability risks from capital inflows, Elsevier (2012) View citations (237) (2012)