Details about Graciela Laura Kaminsky

E-mail:
Homepage:	https://www.gracielakaminsky.com/
Phone:	(202)994-6686
Postal address:	Department of Economics George Washington University Washington,DC 20052 USA
Workplace:	Department of Economics, George Washington University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Graciela Laura Kaminsky.

Last updated 2019-08-06. Update your information in the RePEc Author Service.

Short-id: pka84

---

Jump to Journal Articles Chapters

Working Papers

2020

1. The Financial Center Leverage Cycle: Does it Spread Around the World?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2019

2. Boom-Bust Capital Flow Cycles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2017

3. The Center and the Periphery: Two Hundred Years of International Borrowing Cycles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   Also in MPRA Paper, University Library of Munich, Germany (2017) View citations (4)

2016

4. International Borrowing Cycles: A New Historical Database
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2015

5. Systemic and Idiosyncratic Sovereign Debt Crises
   MPRA Paper, University Library of Munich, Germany View citations (3)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (1)
   See also Journal Article SYSTEMIC AND IDIOSYNCRATIC SOVEREIGN DEBT CRISES, Journal of the European Economic Association, European Economic Association (2016) View citations (30) (2016)
   Chapter Systemic and Idiosyncratic Sovereign Debt Crises, NBER Chapters, National Bureau of Economic Research, Inc (2013) (2013)

2010

6. Terms of Trade Shocks and Fiscal Cycles
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
   See also Chapter Terms of Trade Shocks and Fiscal Cycles, RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2010) View citations (21) (2010)

2009

7. Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
   See also Journal Article Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2009) View citations (12) (2009)

2008

8. Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (18)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (14)
   See also Journal Article Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2008) View citations (18) (2008)
9. The center and the periphery: The globalization of financial turmoil
   MPRA Paper, University Library of Munich, Germany View citations (43)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (105)

2007

10. Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Chapter Latin America´s Access to International Capital Markets: Good Behavior or Global Liquidity?, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2008) View citations (10) (2008)
11. Volatility in International Financial Market Issuance: The Role of the Financial Center
    Working Papers, Hong Kong Institute for Monetary Research View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (1)
    See also Journal Article Volatility in International Financial Market Issuance: The Role of the Financial Center, Open Economies Review, Springer (2007) View citations (1) (2007)

2005

12. International Capital Flows, Financial Stability and Growth
    Working Papers, United Nations, Department of Economics and Social Affairs View citations (17)

2004

13. When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (787)
    Also in MPRA Paper, University Library of Munich, Germany (2004) View citations (701)
    See also Chapter When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies, NBER Chapters, National Bureau of Economic Research, Inc (2005) View citations (474) (2005)

2003

14. Short-Run Pain, Long-Run Gain: The Effects of Financial Liberalization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (259)
    Also in Policy Research Working Paper Series, The World Bank (2002) View citations (94)
15. The Unholy Trinity of Financial Contagion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (345)
    Also in MPRA Paper, University Library of Munich, Germany (2003) View citations (342)
    MPRA Paper, University Library of Munich, Germany (2002) View citations (11)
    See also Journal Article The Unholy Trinity of Financial Contagion, Journal of Economic Perspectives, American Economic Association (2003) View citations (393) (2003)
16. Varieties of Currency Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (80)

2002

17. Financial markets in time of stress
    MPRA Paper, University Library of Munich, Germany View citations (16)
    Also in MPRA Paper, University Library of Munich, Germany (2002) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (41)
    See also Journal Article Financial markets in times of stress, Journal of Development Economics, Elsevier (2002) View citations (63) (2002)

2001

18. Bank Lending and Contagion: Evidence from the Asian Crisis
    MPRA Paper, University Library of Munich, Germany View citations (67)
    See also Chapter Bank Lending and Contagion: Evidence from the Asian Crisis, NBER Chapters, National Bureau of Economic Research, Inc (2001) View citations (95) (2001)
19. Emerging markets instability: do sovereign ratings affect country risk and stock returns?
    Policy Research Working Paper Series, The World Bank View citations (38)
    See also Journal Article Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?, The World Bank Economic Review, World Bank (2002) View citations (219) (2002)
20. Mutual fund investment in emerging markets - an overview
    Policy Research Working Paper Series, The World Bank View citations (87)
21. Short and long-run integration: do capital controls matter ?
    Policy Research Working Paper Series, The World Bank View citations (19)

2000

22. Assessing financial vulnerability, an early warning system for emerging markets: Introduction
    MPRA Paper, University Library of Munich, Germany View citations (319)
23. Crisis financieras en Asia y Latinoamerica: ahora y entonces
    (Financial Crises in Asia and Latin America Different: Then and Now)
    MPRA Paper, University Library of Munich, Germany
    Also in MPRA Paper, University Library of Munich, Germany (1998) View citations (157)
    See also Journal Article Financial Crises in Asia and Latin America: Then and Now, American Economic Review, American Economic Association (1998) View citations (190) (1998)
24. Early Warning System: An Assessment of Vulnerability
    MPRA Paper, University Library of Munich, Germany View citations (6)
    Also in MPRA Paper, University Library of Munich, Germany (2000)
    MPRA Paper, University Library of Munich, Germany (2000) View citations (1)
    MPRA Paper, University Library of Munich, Germany (2000) View citations (2)
    MPRA Paper, University Library of Munich, Germany (2000)
25. Early Warning System: Empirical Results from The Signals Approach
    MPRA Paper, University Library of Munich, Germany View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (2000) View citations (2)
    See also Chapter Methodology and Empirical Results, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2017) (2017)
26. Las crisis gemelas: las causas de los problemas bancarios y de balanza de pagos
    (The twin crises: Te causes of banking and balance of payments problems)
    MPRA Paper, University Library of Munich, Germany View citations (5)
    Also in MPRA Paper, University Library of Munich, Germany (1999) View citations (2630)
    See also Journal Article The Twin Crises: The Causes of Banking and Balance-of-Payments Problems, American Economic Review, American Economic Association (1999) View citations (3042) (1999)
27. Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
    Also in Policy Research Working Paper Series, The World Bank (2000) View citations (36)
    See also Journal Article Managers, investors, and crises: mutual fund strategies in emerging markets, Journal of International Economics, Elsevier (2004) View citations (129) (2004)

1999

28. What triggers market jitters: a chronicle of the Asian crisis
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (222)
    Also in Policy Research Working Paper Series, The World Bank (1999) View citations (237)
    See also Journal Article What triggers market jitters?: A chronicle of the Asian crisis, Journal of International Money and Finance, Elsevier (1999) View citations (265) (1999)

1998

29. A Switching-Regime Model for the Spanish Inflation: 1962-1997
    Working Papers, Banco de España
30. Currency and banking crises: the early warnings of distress
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (60)
31. Leading Indicators of Currency Crises
    MPRA Paper, University Library of Munich, Germany View citations (1069)
    Also in Policy Research Working Paper Series, The World Bank (1997) View citations (248)
    See also Journal Article Leading Indicators of Currency Crises, IMF Staff Papers, Palgrave Macmillan (1998) View citations (1218) (1998)
32. On crises, contagion, and confusion
    MPRA Paper, University Library of Munich, Germany View citations (95)
    See also Journal Article On crises, contagion, and confusion, Journal of International Economics, Elsevier (2000) View citations (726) (2000)

1996

33. Does foreign exchange intervention signal future monetary policy?
    Working Papers, Federal Reserve Bank of Philadelphia View citations (138)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1993) View citations (17)
    Weiss Center Working Papers, Wharton School - Weiss Center for International Financial Research (1992) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (19)
    See also Journal Article Does foreign exchange intervention signal future monetary policy?, Journal of Monetary Economics, Elsevier (1996) View citations (141) (1996)
34. High Real Interest Rates in the Aftermath of Disinflation: Is It a Lack of Credibility
    Working Papers, Tel Aviv View citations (6)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1996) View citations (3)
    See also Journal Article High real interest rates in the aftermath of disinflation: is it a lack of credibility?, Journal of Development Economics, Elsevier (1998) View citations (15) (1998)
35. The twin crises: the causes of banking and balance-of-payments problems
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (621)
    See also Journal Article The Twin Crises: The Causes of Banking and Balance-of-Payments Problems, American Economic Review, American Economic Association (1999) View citations (3042) (1999)

1994

36. The Real Exchange Rate and Fiscal Policy During the Gold Standard PeriodEvidence from the United States and Great Britain
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1994) View citations (4)
37. The debt crisis: lessons of the 1980's for the 1990's
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article The debt crisis: lessons of the 1980s for the 1990s, Journal of Development Economics, Elsevier (1996) View citations (25) (1996)

1993

38. High real interest rates in the aftermath of disinflation: actual or expected?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

1989

39. Nominal Exchange Rate Regimes and the Real Exhange Rate, Evidence from the U.S. and Britain, 1885-1986
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

Undated

40. Inflation regimes and stabilization policies, Spain 1962-1997
    Studies on the Spanish Economy, FEDEA

Journal Articles

2016

1. SYSTEMIC AND IDIOSYNCRATIC SOVEREIGN DEBT CRISES
   Journal of the European Economic Association, 2016, 14, (1), 80-114 View citations (30)
   Also in Journal of the European Economic Association, 2016, 14, (1), 80-114 (2016) View citations (31)
   See also Working Paper Systemic and Idiosyncratic Sovereign Debt Crises, MPRA Paper (2015) View citations (3) (2015)
   Chapter Systemic and Idiosyncratic Sovereign Debt Crises, NBER Chapters, 2013 (2013) (2013)

2009

2. Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
   Economía Journal, 2009, Volume 10 Number 1, (Fall 2009), 81-123 View citations (12)
   See also Working Paper Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?, NBER Working Papers (2009) View citations (12) (2009)

2008

3. Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets
   Monetary and Economic Studies, 2008, 26, 107-130 View citations (18)
   See also Working Paper Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets, IMES Discussion Paper Series (2008) View citations (18) (2008)
4. Short-Run Pain, Long-Run Gain: Financial Liberalization and Stock Market Cycles
   Review of Finance, 2008, 12, (2), 253-292 View citations (126)

2007

5. Emerging Markets and Financial Globalization Sovereign Bond Spreads in 1870-1913 and Today
   Journal of International Economics, 2007, 73, (1), 219-222
6. Volatility in International Financial Market Issuance: The Role of the Financial Center
   Open Economies Review, 2007, 18, (2), 157-176 View citations (1)
   See also Working Paper Volatility in International Financial Market Issuance: The Role of the Financial Center, Working Papers (2007) View citations (3) (2007)

2006

7. Currency crises: Are they all the same?
   Journal of International Money and Finance, 2006, 25, (3), 503-527 View citations (135)

2004

8. Flux internationaux de capitaux: bénédiction ou malédiction ?
   Revue d’économie du développement, 2004, 12, (3), 83-119
9. Managers, investors, and crises: mutual fund strategies in emerging markets
   Journal of International Economics, 2004, 64, (1), 113-134 View citations (129)
   See also Working Paper Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets, NBER Working Papers (2000) View citations (35) (2000)

2003

10. Inflation regimes and stabilisation policies: Spain 1962-2001
    Investigaciones Economicas, 2003, 27, (3), 615-631 View citations (1)
11. Küreselleşme, Sermaye Hareketleri Ve Finansal Krizler - 1
    Iktisat Isletme ve Finans, 2003, 18, (212), 16-19
12. The Unholy Trinity of Financial Contagion
    Journal of Economic Perspectives, 2003, 17, (4), 51-74 View citations (393)
    See also Working Paper The Unholy Trinity of Financial Contagion, NBER Working Papers (2003) View citations (345) (2003)

2002

13. Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?
    The World Bank Economic Review, 2002, 16, (2), 171-195 View citations (219)
    See also Working Paper Emerging markets instability: do sovereign ratings affect country risk and stock returns?, Policy Research Working Paper Series (2001) View citations (38) (2001)
14. Financial markets in times of stress
    Journal of Development Economics, 2002, 69, (2), 451-470 View citations (63)
    See also Working Paper Financial markets in time of stress, MPRA Paper (2002) View citations (16) (2002)

2000

15. Assessing Financial Vulnerability in Emerging Economies: A Summary of Empirical Results
    East Asian Economic Review, 2000, 4, (2), 101-147 View citations (1)
16. On crises, contagion, and confusion
    Journal of International Economics, 2000, 51, (1), 145-168 View citations (726)
    See also Working Paper On crises, contagion, and confusion, MPRA Paper (1998) View citations (95) (1998)

1999

17. Notas sobre crisis financieras
    Revista Desarrollo y Sociedad, 1999
18. The Twin Crises: The Causes of Banking and Balance-of-Payments Problems
    American Economic Review, 1999, 89, (3), 473-500 View citations (3042)
    See also Working Paper Las crisis gemelas: las causas de los problemas bancarios y de balanza de pagos, MPRA Paper (2000) View citations (5) (2000)
    Working Paper The twin crises: the causes of banking and balance-of-payments problems, International Finance Discussion Papers (1996) View citations (621) (1996)
19. What triggers market jitters?: A chronicle of the Asian crisis
    Journal of International Money and Finance, 1999, 18, (4), 537-560 View citations (265)
    See also Working Paper What triggers market jitters: a chronicle of the Asian crisis, International Finance Discussion Papers (1999) View citations (222) (1999)

1998

20. Financial Crises in Asia and Latin America: Then and Now
    American Economic Review, 1998, 88, (2), 444-48 View citations (190)
    See also Working Paper Crisis financieras en Asia y Latinoamerica: ahora y entonces, MPRA Paper (2000) (2000)
21. High real interest rates in the aftermath of disinflation: is it a lack of credibility?
    Journal of Development Economics, 1998, 55, (1), 191-214 View citations (15)
    See also Working Paper High Real Interest Rates in the Aftermath of Disinflation: Is It a Lack of Credibility, Working Papers (1996) View citations (6) (1996)
22. Leading Indicators of Currency Crises
    IMF Staff Papers, 1998, 45, (1), 1-48 View citations (1218)
    See also Working Paper Leading Indicators of Currency Crises, MPRA Paper (1998) View citations (1069) (1998)

1996

23. Does foreign exchange intervention signal future monetary policy?
    Journal of Monetary Economics, 1996, 37, (2-3), 285-312 View citations (141)
    See also Working Paper Does foreign exchange intervention signal future monetary policy?, Working Papers (1996) View citations (138) (1996)
24. The debt crisis: lessons of the 1980s for the 1990s
    Journal of Development Economics, 1996, 50, (1), 1-24 View citations (25)
    See also Working Paper The debt crisis: lessons of the 1980's for the 1990's, International Finance Discussion Papers (1994) (1994)

1993

25. Is There a Peso Problem? Evidence from the Dollar/Pound Exchange Rate, 1976-1987
    American Economic Review, 1993, 83, (3), 450-72 View citations (102)

1991

26. Credibility crises: the dollar in the early 1980s
    Journal of International Money and Finance, 1991, 10, (2), 170-192 View citations (7)
27. Debt relief and debt rescheduling: The optimal-contract approach
    Journal of Development Economics, 1991, 36, (1), 5-36 View citations (12)
28. Nominal exchange rate regimes and the real exchange rate: Evidence from the United States and Great Britain, 1885-1986
    Journal of Monetary Economics, 1991, 27, (2), 191-212 View citations (89)

1990

29. Can a time-varying risk premium explain excess returns in the forward market for foreign exchange?
    Journal of International Economics, 1990, 28, (1-2), 47-70 View citations (32)
30. Efficiency in Commodity Futures Markets
    IMF Staff Papers, 1990, 37, (3), 670-699 View citations (13)

1986

31. Uncertainty, expectations of devaluation, and the real exchange rate
    Journal of Development Economics, 1986, 24, (1), 29-57 View citations (2)

Chapters

2017

1. Methodology and Empirical Results
   Chapter 11 in TRADE CURRENCIES AND FINANCE, 2017, pp 397-436
   See also Working Paper Early Warning System: Empirical Results from The Signals Approach, University Library of Munich, Germany (2000) View citations (1) (2000)

2013

2. Systemic and Idiosyncratic Sovereign Debt Crises
   A chapter in Sovereign Debt and Financial Crises, 2013
   See also Working Paper Systemic and Idiosyncratic Sovereign Debt Crises, University Library of Munich, Germany (2015) View citations (3) (2015)
   Journal Article SYSTEMIC AND IDIOSYNCRATIC SOVEREIGN DEBT CRISES, European Economic Association (2016) View citations (30) (2016)

2010

3. Terms of Trade Shocks and Fiscal Cycles
   A chapter in Inflation in an Era of Relative Price Shocks, 2010 View citations (21)
   See also Working Paper Terms of Trade Shocks and Fiscal Cycles, National Bureau of Economic Research, Inc (2010) View citations (21) (2010)

2008

4. Financial Globalization and Exchange Rate Arrangements
   Chapter 4 in Currency and Competitiveness in Europe, 2008
5. International Capital Flows to Emerging Countries: Short- and Long-run Effects
   Chapter 41 in International Handbook of Development Economics, Volumes 1 & 2, 2008
6. Latin America´s Access to International Capital Markets: Good Behavior or Global Liquidity?
   Chapter 4 in Current Account and External Financing, 2008, vol. 12, pp 117-158 View citations (10)
   See also Working Paper Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity?, National Bureau of Economic Research, Inc (2007) View citations (10) (2007)

2005

7. When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies
   A chapter in NBER Macroeconomics Annual 2004, Volume 19, 2005, pp 11-82 View citations (474)
   See also Working Paper When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies, National Bureau of Economic Research, Inc (2004) View citations (787) (2004)

2001

8. Bank Lending and Contagion: Evidence from the Asian Crisis
   A chapter in Regional and Global Capital Flows: Macroeconomic Causes and Consequences, 2001, pp 73-99 View citations (95)
   See also Working Paper Bank Lending and Contagion: Evidence from the Asian Crisis, University Library of Munich, Germany (2001) View citations (67) (2001)