Details about Ayhan Kose

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Homepage:	http://www.worldbank.org/en/about/people/m-ayhan-kose
Workplace:	World Bank Group, (more information at EDIRC)

Access statistics for papers by Ayhan Kose.

Last updated 2023-10-07. Update your information in the RePEc Author Service.

Short-id: pko65

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Working Papers

2023

1. Potential Growth Prospects: Risks, Rewards and Policies
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in Policy Research Working Paper Series, The World Bank (2023)
   MPRA Paper, University Library of Munich, Germany (2023)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2023)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
2. Potential Growth: A Global Database
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   MPRA Paper, University Library of Munich, Germany (2023)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2023)
3. Slowing Growth: More Than a Rough Patch
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2023)
   MPRA Paper, University Library of Munich, Germany (2023)
4. Understanding the Global Drivers of Inflation: How Important Are Oil Prices ?
   Policy Research Working Paper Series, The World Bank
   Also in Working Papers, Florida International University, Department of Economics (2023)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2023)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
5. Understanding the Global Drivers of Inflation:How Important are Oil Prices? 
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University

2022

6. From Low to High Inflation: Implications for Emerging Market and Developing Economies
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (4)
   Also in MPRA Paper, University Library of Munich, Germany (2022) View citations (4)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022) View citations (4)
7. Global Stagflation
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
   Also in MPRA Paper, University Library of Munich, Germany (2022)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022)
8. Is a Global Recession Imminent?
   MPRA Paper, University Library of Munich, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2022)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022)

2021

9. A Mountain of Debt: Navigating the Legacy of the Pandemic
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (2)
   See also Journal Article in Journal of Globalization and Development (2022)
10. Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
    Also in MPRA Paper, University Library of Munich, Germany (2021) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (3)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (3)
11. Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles Abstract
    Working Papers, Bogazici University, Department of Economics View citations (3)
12. Inflation During the Pandemic: What Happened? What is Next?
    MPRA Paper, University Library of Munich, Germany View citations (11)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (11)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
13. One-Stop Source: A Global Database of Inflation
    MPRA Paper, University Library of Munich, Germany View citations (8)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021) View citations (9)
    Policy Research Working Paper Series, The World Bank (2021) View citations (7)
    See also Journal Article in Journal of International Money and Finance (2023)
14. The Aftermath of Debt Surges
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    Policy Research Working Paper Series, The World Bank (2021) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (7)
    See also Journal Article in Annual Review of Economics (2022)
15. Understanding Informality
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (10)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (13)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    MPRA Paper, University Library of Munich, Germany (2021) View citations (10)
16. Understanding Informality Abstract
    Working Papers, Bogazici University, Department of Economics View citations (10)
17. What Has Been the Impact of COVID-19 on Debt ? Turning a Wave into a Tsunami
    Policy Research Working Paper Series, The World Bank View citations (4)
    Also in MPRA Paper, University Library of Munich, Germany (2021) View citations (2)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (5)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
18. What Types of Capital Flows Help Improve International Risk Sharing ?
    Policy Research Working Paper Series, The World Bank
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021)
    See also Journal Article in Journal of International Money and Finance (2022)

2020

19. Benefits and Costs of Debt: The Dose Makes the Poison
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
    Also in Policy Research Working Paper Series, The World Bank (2020) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (3)
20. Can This Time Be Different ? Policy Options in Times of Rising Debt
    Policy Research Working Paper Series, The World Bank View citations (2)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (2)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (2)
21. Debt and Financial Crises
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Policy Research Working Paper Series, The World Bank (2020) View citations (4)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (4)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (4)
22. Emerging and Developing Economies: Ten Years After the Global Recession
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
    Policy Research Working Paper Series, The World Bank (2020)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
23. Global Macro-Financial Cycles and Spillovers
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (8)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (8)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (8)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (8)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (8)
24. Global Recessions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020)
    MPRA Paper, University Library of Munich, Germany (2020)
    Policy Research Working Paper Series, The World Bank (2020)
    Working Papers, Peruvian Economic Association (2020)
25. Subdued Potential Growth: Sources and Remedies
    Policy Research Working Paper Series, The World Bank View citations (14)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (14)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (15)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (13)

2019

26. Global Inflation Synchronization
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (6)
    Also in Policy Research Working Paper Series, The World Bank (2019) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (9)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (9)
27. Inflation Expectations: Review and Evidence
    Policy Research Working Paper Series, The World Bank View citations (12)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (13)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (13)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2019) View citations (28)
28. Remittances over the Business Cycle: Theory and Evidence
    MPRA Paper, University Library of Munich, Germany View citations (11)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (13)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2016) View citations (17)
    See also Journal Article in Economic Notes (2019)
29. Understanding Inflation in Emerging and Developing Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (29)
    Also in Policy Research Working Paper Series, The World Bank (2019) View citations (30)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (30)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2019) View citations (30)
30. Why Do Fiscal Multipliers Depend on Fiscal Positions?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (22)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (21)
    Policy Research Working Paper Series, The World Bank (2019) View citations (12)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2019) View citations (21)
    See also Journal Article in Journal of Monetary Economics (2020)

2018

31. Fiscal Space: Concept, Measurement, and Policy Implications
    Research and Policy Briefs, The World Bank View citations (5)

2017

32. A Cross-Country Database of Fiscal Space
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (49)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (49)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (49)
    Policy Research Working Paper Series, The World Bank (2017) View citations (45)
    See also Journal Article in Journal of International Money and Finance (2022)
33. Asset Prices and Macroeconomic Outcomes: A Survey
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (18)
    BIS Working Papers, Bank for International Settlements (2017) View citations (18)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (18)
    Policy Research Working Paper Series, The World Bank (2017) View citations (18)
34. How Important are Spillovers from Major Emerging Markets?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (18)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (18)
    Policy Research Working Paper Series, The World Bank (2017) View citations (16)
    See also Journal Article in International Finance (2020)
35. Macroeconomic Implications of Financial Imperfections: A Survey
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (26)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (26)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (26)
    BIS Working Papers, Bank for International Settlements (2017) View citations (26)
    Policy Research Working Paper Series, The World Bank (2017) View citations (26)
36. The Global Role of the U.S. Economy: Linkages, Policies and Spillovers
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (7)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (23)
    Policy Research Working Paper Series, The World Bank (2017) View citations (19)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (24)
37. Weakness in Investment Growth: Causes, Implications and Policy Responses
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
    Also in Policy Research Working Paper Series, The World Bank (2017) View citations (17)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2017) View citations (17)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (29)

2016

38. Challenges of Fiscal Policy in Emerging and Developing Economies
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (2)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (2)
    Policy Research Working Paper Series, The World Bank (2016) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (2)
    See also Journal Article in Emerging Markets Finance and Trade (2018)
39. Do Fiscal Multipliers Depend on Fiscal Positions?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (33)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (33)
    Policy Research Working Paper Series, The World Bank (2016) View citations (17)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (33)
40. How Does the Sensitivity of Consumption to Income Vary Over Time? International Evidence
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (10)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (10)
    Policy Research Working Paper Series, The World Bank (2016) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (10)
    See also Journal Article in Journal of Economic Dynamics and Control (2016)
41. Negative Interest Rate Policies: Sources and Implications
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (35)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (49)
    Policy Research Working Paper Series, The World Bank (2016) View citations (25)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (35)
42. Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in Policy Research Notes (PRNs), The World Bank (2015) View citations (27)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2015) View citations (27)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (8)

2015

43. Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement
    Working Papers, Federal Reserve Bank of St. Louis View citations (16)
    See also Chapter (2016)
44. The Coming U.S. Interest Rate Tightening Cycle: Smooth Sailing or Stormy Waters?
    Policy Research Notes (PRNs), The World Bank View citations (36)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2015) View citations (13)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2015) View citations (9)
45. The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (168)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2015) View citations (174)
    Policy Research Notes (PRNs), The World Bank (2015) View citations (142)

2013

46. Financial Crises Explanations, Types, and Implications
    IMF Working Papers, International Monetary Fund View citations (130)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (129)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (129)
47. Global House Price Fluctuations: Synchronization and Determinants
    IMF Working Papers, International Monetary Fund View citations (46)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (86)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (49)
    Working Paper, Harvard University OpenScholar View citations (101)
    See also Chapter (2012)
    Journal Article in NBER International Seminar on Macroeconomics (2013)
48. Regionalization vs. Globalization
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (43)
    Also in Working Paper, Harvard University OpenScholar View citations (48)
    IMF Working Papers, International Monetary Fund (2013) View citations (50)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013) View citations (53)
    Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (4)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2013) View citations (48)
49. Understanding Financial Crises: Causes, Consequences, and Policy Responses
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (22)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013) View citations (17)

2011

50. Financial Cycles: What? How? When?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (269)
    Also in IMF Working Papers, International Monetary Fund (2011) View citations (272)
    See also Journal Article in NBER International Seminar on Macroeconomics (2011)
    Chapter (2010)
51. Globalization, the Business Cycle, and Macroeconomic Monitoring
    IMF Working Papers, International Monetary Fund View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (17)
    See also Journal Article in NBER International Seminar on Macroeconomics (2011)
    Chapter (2010)
52. How Do Business and Financial Cycles Interact?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (101)
    Also in IMF Working Papers, International Monetary Fund (2011) View citations (104)
    See also Journal Article in Journal of International Economics (2012)
53. Review of “This Time is Different: Eight Centuries of Financial Folly by Carmen M. Reinhart and Kenneth S. Rogoff”
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (5)

2010

54. Do Credit Shocks Matter? A Global Perspective
    IMF Working Papers, International Monetary Fund View citations (55)
    See also Journal Article in European Economic Review (2011)
55. Recessions and Financial Disruptions in Emerging Markets: A Bird´s Eye View
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Chapter (2011)
56. The Global Financial Crisis:How Similar? How Different? How Costly?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (65)
    See also Journal Article in Journal of Asian Economics (2010)

2009

57. Capital Inflows: Macroeconomic Implications and Policy Responses
    IMF Working Papers, International Monetary Fund View citations (57)
    See also Journal Article in Economic Systems (2010)
58. Financial Globalization and Economic Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (34)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (30)
    See also Chapter (2010)
59. Thresholds in the Process of International Financial Integration
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (66)
    Also in Policy Research Working Paper Series, The World Bank (2009) View citations (33)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (41)
    See also Journal Article in Journal of International Money and Finance (2011)
60. What are the driving forces of international business cycles
    2009 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (25)
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2008) View citations (25)
    See also Journal Article in Review of Economic Dynamics (2011)

2008

61. Does Openness to International Financial Flows Contribute to Productivity Growth?
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (44)
62. Does Openness to International Financial Flows Raise Productivity Growth?
    IMF Working Papers, International Monetary Fund View citations (42)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (41)
    See also Journal Article in Journal of International Money and Finance (2009)
63. Global Business Cycles: Convergence or Decoupling?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (160)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (175)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (156)
    IMF Working Papers, International Monetary Fund (2008) View citations (171)
    See also Journal Article in International Economic Review (2012)
64. Reaping the Benefits of Financial Globalization
    IMF Occasional Papers, International Monetary Fund View citations (39)
65. What Happens During Recessions, Crunches and Busts?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (159)
    Also in IMF Working Papers, International Monetary Fund (2008) View citations (162)
    See also Journal Article in Economic Policy (2009)

2007

66. Changing Nature of North-South Linkages: Stylized Facts and Explanations
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article in Journal of Asian Economics (2008)
67. How Does Financial Globalization Affect Risk Sharing? Patterns and Channels
    IMF Working Papers, International Monetary Fund View citations (102)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2007) View citations (108)

2006

68. Financial Globalization: A Reappraisal
    IMF Working Papers, International Monetary Fund View citations (514)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (494)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (464)
    See also Journal Article in IMF Staff Papers (2009)
69. How Different Is the Cyclical Behavior of Home Production Across Countries?
    IMF Working Papers, International Monetary Fund View citations (1)
    Also in Computing in Economics and Finance 2001, Society for Computational Economics (2001)
    See also Journal Article in Macroeconomic Dynamics (2007)
70. How Do Trade and Financial Integration Affect the Relationship between Growth and Volatility?
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (119)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2004) View citations (22)
    IMF Working Papers, International Monetary Fund (2005) View citations (24)
    See also Journal Article in Journal of International Economics (2006)

2005

71. Can the Standard International Business Cycle Model Explain the Relation Between Trade and Comovement?
    IMF Working Papers, International Monetary Fund View citations (11)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2005) View citations (9)
    See also Journal Article in Journal of International Economics (2006)
72. Understanding the Evolution of World Business Cycles
    IMF Working Papers, International Monetary Fund View citations (39)
    See also Journal Article in Journal of International Economics (2008)

2004

73. Economic Integration, Business Cycle, and Productivity in North America
    IMF Working Papers, International Monetary Fund View citations (12)
74. Financial Globalization, Growth and Volatility in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (56)
    Working Paper, Harvard University OpenScholar View citations (96)
    See also Chapter (2007)
75. How Has Nafta Affected the Mexican Economy? Review and Evidence
    IMF Working Papers, International Monetary Fund View citations (50)
    See also Chapter (2005)

2003

76. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence
    IMF Occasional Papers, International Monetary Fund View citations (513)
77. Financial Integration and Macroeconomic Volatility
    IMF Working Papers, International Monetary Fund View citations (281)
78. How Does Globalization Affect the Synchronization of Business Cycles?
    IMF Working Papers, International Monetary Fund View citations (291)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2003) View citations (313)
    See also Journal Article in American Economic Review (2003)
79. Volatility and Comovement in a Globalized World Economy: An Empirical Exploration
    IMF Working Papers, International Monetary Fund View citations (27)

2002

80. The trade comovement problem in international macroeconomics
    Staff Reports, Federal Reserve Bank of New York View citations (20)

2001

81. Can Trade Theory Help Us Understand the Linkages Between International Trade and Business Cycles?
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (2)

2000

82. Small Countries and Preferential Trade Agreements "How Severe is the Innocent Bystander Problem?"
    CESifo Working Paper Series, CESifo View citations (1)

1999

83. Can world real interest rates explain business cycles in a small open economy?
    Staff Reports, Federal Reserve Bank of New York View citations (5)
    See also Journal Article in Journal of Economic Dynamics and Control (2001)
84. Dynamics of Open Economy Models: What Is the Role of the Discount Factor?
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (2)
85. Trade Shocks and Macroeconomic Fluctuations in Africa
    CESifo Working Paper Series, CESifo View citations (8)
    Also in CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick (1999) View citations (11)
    See also Chapter (2013)
    Journal Article in Journal of Development Economics (2001)
86. Understanding the Welfare Implications of Preferential Trade Agreements
    CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick View citations (5)
    See also Journal Article in Review of International Economics (2000)
    Chapter (2013)
87. World Real Interest Rates and Business Cycles in Open Economies: a Multiple Shock Approach
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (3)

1998

88. External Shocks and Economic Dynamics: The Case of African Countries
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article in Journal of African Development (1998)

1991

89. PRE working paper series: numbers 628 to 668
    Policy Research Working Paper Series, The World Bank View citations (3)

Undated

90. Integration and Fluctuations
    Working Paper, Harvard University OpenScholar View citations (5)
91. Sources of Fluctuations
    Working Paper, Harvard University OpenScholar View citations (27)

Journal Articles

2023

1. One-stop source: A global database of inflation
   Journal of International Money and Finance, 2023, 137, (C)
   See also Working Paper (2021)

2022

2. A Mountain of Debt: Navigating the Legacy of the Pandemic
   Journal of Globalization and Development, 2022, 13, (2), 233-268 View citations (1)
   See also Working Paper (2021)
3. A cross-country database of fiscal space
   Journal of International Money and Finance, 2022, 128, (C) View citations (16)
   See also Working Paper (2017)
4. The Aftermath of Debt Surges
   Annual Review of Economics, 2022, 14, (1), 637-663 View citations (2)
   See also Working Paper (2021)
5. What types of capital flows help improve international risk sharing?
   Journal of International Money and Finance, 2022, 122, (C) View citations (2)
   See also Working Paper (2021)

2020

6. Explaining Recent Investment Weakness: Causes and Implications
   Emerging Markets Finance and Trade, 2020, 55, (8), 1709-1721
   Also in Emerging Markets Finance and Trade, 2019, 55, (8), 1709-1721 (2019) View citations (2)
7. How important are spillovers from major emerging markets?
   International Finance, 2020, 23, (1), 47-63 View citations (17)
   See also Working Paper (2017)
8. Why do fiscal multipliers depend on fiscal Positions?
   Journal of Monetary Economics, 2020, 114, (C), 109-125 View citations (31)
   See also Working Paper (2019)

2019

9. Remittances over the business cycle: Theory and evidence
   Economic Notes, 2019, 48, (3) View citations (13)
   See also Working Paper (2019)

2018

10. Challenges of Fiscal Policy in Emerging and Developing Economies
    Emerging Markets Finance and Trade, 2018, 54, (9), 1927-1945
    See also Working Paper (2016)

2016

11. Comments on “Pareto weights as wedges in two-country models” by D. Backus, C. Coleman, A. Ferriere and S. Lyon
    Journal of Economic Dynamics and Control, 2016, 72, (C), 111-114 View citations (1)
12. How does the sensitivity of consumption to income vary over time? International evidence
    Journal of Economic Dynamics and Control, 2016, 72, (C), 169-179 View citations (9)
    See also Working Paper (2016)

2015

13. Crises: Yesterday and Today—2
    IMF Economic Review, 2015, 63, (1), 1-7
14. Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?
    The Regional Economist, 2015, (April) View citations (3)

2014

15. Asia: Challenges of Stability and Growth
    IMF Economic Review, 2014, 62, (3), 323-326
16. Crises: Yesterday and Today—1
    IMF Economic Review, 2014, 62, (4), 465-469
17. Welfare implications of trade liberalization and fiscal reform: A quantitative experiment
    Journal of International Economics, 2014, 92, (1), 198-209 View citations (9)

2013

18. Financial Crises: Review and Evidence
    Central Bank Review, 2013, 13, (3), 1-23 View citations (2)
19. From the Global to the National Cycle: An Intricate Liaison
    Pacific Economic Review, 2013, 18, (3), 370-402 View citations (13)
20. Global House Price Fluctuations: Synchronization and Determinants
    NBER International Seminar on Macroeconomics, 2013, 9, (1), 119 - 166 View citations (45)
    See also Working Paper (2013)
    Chapter (2012)
21. Labor Markets Through the Lens of the Great Recession—1
    IMF Economic Review, 2013, 61, (3), 405-409
22. Labor Markets Through the Lens of the Great Recession—2
    IMF Economic Review, 2013, 61, (4), 561-565
23. Policy Responses to Commodity Price Movements—2
    IMF Economic Review, 2013, 61, (1), 1-5

2012

24. GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?
    International Economic Review, 2012, 53, (2), 511-538 View citations (206)
    See also Working Paper (2008)
25. How do business and financial cycles interact?
    Journal of International Economics, 2012, 87, (1), 178-190 View citations (383)
    See also Working Paper (2011)
26. Monetary and Macroprudential Policies
    IMF Economic Review, 2012, 60, (2), 151-154
27. Policy Responses to Commodity Price Movements—1
    IMF Economic Review, 2012, 60, (4), 465-469

2011

28. Arrival of Regular Issues
    IMF Economic Review, 2011, 59, (3), 401-403
29. Carmen M. Reinhart and Kenneth S. Rogoff, This Time is Different: Eight Centuries of Financial Folly, Princeton University Press (2009)
    Journal of International Economics, 2011, 84, (1), 132-134 View citations (2)
30. Do credit shocks matter? A global perspective
    European Economic Review, 2011, 55, (3), 340-353 View citations (175)
    See also Working Paper (2010)
31. Economic Linkages, Spillovers, and the Financial Crisis—2
    IMF Economic Review, 2011, 59, (1), 1-5 View citations (1)
32. Financial Cycles: What? How? When?
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 303 - 344 View citations (269)
    See also Working Paper (2011)
    Chapter (2010)
33. Fiscal Policy, Stabilization, and Sustainability
    IMF Economic Review, 2011, 59, (4), 581-581
34. Globalization, the Business Cycle, and Macroeconomic Monitoring
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 245 - 286 View citations (20)
    See also Working Paper (2011)
    Chapter (2010)
35. Macroeconomic and Financial Policies after the Crisis
    IMF Economic Review, 2011, 59, (2), 137-144
36. Thresholds in the process of international financial integration
    Journal of International Money and Finance, 2011, 30, (1), 147-179 View citations (228)
    See also Working Paper (2009)
37. What are the driving forces of international business cycles?
    Review of Economic Dynamics, 2011, 14, (1), 156-175 View citations (153)
    See also Working Paper (2009)
    Software Item (2010)

2010

38. Capital inflows: Macroeconomic implications and policy responses
    Economic Systems, 2010, 34, (4), 333-356 View citations (102)
    See also Working Paper (2009)
39. Economic Linkages, Spillovers, and the Financial Crisis—1
    IMF Economic Review, 2010, 58, (2), 209-213
40. Recessions and Financial Disruptions in Emerging Marketes: A Bird's Eye View
    Journal Economía Chilena (The Chilean Economy), 2010, 13, (2), 55-84 View citations (1)
    See also Chapter (2011)
41. The financial crisis of 2008-2009: Origins, issues, and prospects
    Journal of Asian Economics, 2010, 21, (3), 239-241 View citations (2)
42. The global financial crisis: How similar? How different? How costly?
    Journal of Asian Economics, 2010, 21, (3), 247-264 View citations (69)
    See also Working Paper (2010)

2009

43. Does financial globalization promote risk sharing?
    Journal of Development Economics, 2009, 89, (2), 258-270 View citations (161)
44. Does openness to international financial flows raise productivity growth?
    Journal of International Money and Finance, 2009, 28, (4), 554-580 View citations (154)
    See also Working Paper (2008)
45. Financial Globalization: A Reappraisal
    IMF Staff Papers, 2009, 56, (1), 8-62 View citations (406)
    See also Working Paper (2006)
46. Frontiers of Research on Financial Globalization
    IMF Staff Papers, 2009, 56, (1), 1-7 View citations (1)
47. What happens during recessions, crunches and busts?
    (Business cycles for G-7 and European countries)
    Economic Policy, 2009, 24, (60), 653-700 View citations (239)
    See also Working Paper (2008)

2008

48. Changing nature of North-South linkages: Stylized facts and explanations
    Journal of Asian Economics, 2008, 19, (1), 1-28 View citations (68)
    See also Working Paper (2007)
49. Financial Stress and Economic Activity
    Journal of BRSA Banking and Financial Markets, 2008, 2, (2), 11-24 View citations (9)
50. Understanding the evolution of world business cycles
    Journal of International Economics, 2008, 75, (1), 110-130 View citations (284)
    See also Working Paper (2005)

2007

51. HOW DIFFERENT IS THE CYCLICAL BEHAVIOR OF HOME PRODUCTION ACROSS COUNTRIES?
    Macroeconomic Dynamics, 2007, 11, (1), 56-78 View citations (6)
    See also Working Paper (2006)
52. Sources of Fluctuations: The Case of MENA
    Emerging Markets Finance and Trade, 2007, 43, (1), 5-34 View citations (9)

2006

53. Can the standard international business cycle model explain the relation between trade and comovement?
    Journal of International Economics, 2006, 68, (2), 267-295 View citations (215)
    See also Working Paper (2005)
54. How do trade and financial integration affect the relationship between growth and volatility?
    Journal of International Economics, 2006, 69, (1), 176-202 View citations (123)
    Also in Proceedings, 2004, (Jun) (2004) View citations (24)
    See also Working Paper (2006)

2005

55. Growth and Volatility in an Era of Globalization
    IMF Staff Papers, 2005, 52, (si), 31-63 View citations (57)
56. How might CAFTA change macroeconomic fluctuations in Central America?: Lessons from NAFTA
    Journal of Asian Economics, 2005, 16, (1), 77-104 View citations (14)

2004

57. Guest Editors' Introduction
    Emerging Markets Finance and Trade, 2004, 40, (6), 3-6
58. Integration and Fluctuations: The Case of MENA
    Emerging Markets Finance and Trade, 2004, 40, (6), 48-67 View citations (4)

2003

59. DYNAMICS OF OPEN-ECONOMY BUSINESS-CYCLE MODELS: ROLE OF THE DISCOUNT FACTOR
    Macroeconomic Dynamics, 2003, 7, (2), 263-290 View citations (42)
60. Dynamics of Business Cycles in Asia: Differences and Similarities
    Review of Development Economics, 2003, 7, (3), 462-477 View citations (30)
61. How Does Globalization Affect the Synchronization of Business Cycles?
    American Economic Review, 2003, 93, (2), 57-62 View citations (322)
    See also Working Paper (2003)
62. International Business Cycles: World, Region, and Country-Specific Factors
    American Economic Review, 2003, 93, (4), 1216-1239 View citations (798)

2002

63. Explaining business cycles in small open economies: 'How much do world prices matter?'
    Journal of International Economics, 2002, 56, (2), 299-327 View citations (268)

2001

64. Can world real interest rates explain business cycles in a small open economy?
    Journal of Economic Dynamics and Control, 2001, 25, (6-7), 867-889 View citations (78)
    See also Working Paper (1999)
65. International Trade and Business Cycles: Is Vertical Specialization the Missing Link?
    American Economic Review, 2001, 91, (2), 371-375 View citations (146)
66. Trade shocks and macroeconomic fluctuations in Africa
    Journal of Development Economics, 2001, 65, (1), 55-80 View citations (123)
    See also Chapter (2013)
    Working Paper (1999)

2000

67. Economic Efficiency and Productivity Growth in the Asia-Pacific Region: Tsu-Tan Fu, Cliff J. Huang, and C. A. Know Lovell; Edward Elgar, 1999; 351 pages, charts, graphs, tables, ISBN 1-85898-857-8
    Journal of Asian Economics, 2000, 11, (2), 259-262
68. Understanding the Welfare Implications of Preferential Trade Agreements
    Review of International Economics, 2000, 8, (4), 619-633 View citations (11)
    See also Working Paper (1999)
    Chapter (2013)

1998

69. External Shocks and Economic Dynamics: The Case of African Countries
    Journal of African Development, 1998, 3, (1), 1-42 View citations (1)
    See also Working Paper (1998)

Books

2021

1. A Decade After the Global Recession
   World Bank Publications - Books, The World Bank Group
2. Global Waves of Debt
   World Bank Publications - Books, The World Bank Group View citations (31)

2019

3. Inflation in Emerging and Developing Economies
   World Bank Publications - Books, The World Bank Group View citations (56)

2018

4. Frontiers of macrofinancial linkages
   BIS Papers, Bank for International Settlements View citations (26)

Chapters

2016

1. Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement
   A chapter in Dynamic Factor Models, 2016, vol. 35, pp 361-400 View citations (17)
   See also Working Paper (2015)

2013

2. Trade shocks and macroeconomic fluctuations in Africa
   Chapter 19 in International Trade Agreements and Political Economy, 2013, pp 369-394 View citations (4)
   See also Journal Article in Journal of Development Economics (2001)
   Working Paper (1999)
3. Understanding the Welfare Implications of Preferential Trade Agreements
   Chapter 7 in International Trade Agreements and Political Economy, 2013, pp 85-99
   See also Working Paper (1999)
   Journal Article in Review of International Economics (2000)

2012

4. Global House Price Fluctuations: Synchronization and Determinants
   A chapter in NBER International Seminar on Macroeconomics 2012, 2012, pp 119-166 View citations (85)
   See also Working Paper (2013)
   Journal Article in NBER International Seminar on Macroeconomics (2013)

2011

5. Financial Development and Growth: What Role Can Foreign Capital Play?
   Chapter 2 in Financial Inclusion, Innovation, And Investments Biotechnology and Capital Markets Working for the Poor, 2011, pp 29-40
6. Recessions and Financial Disruptions in Emerging Markets: A Bird’s Eye View
   Chapter 04 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 059-104 View citations (11)
   See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2010)
   Working Paper (2010)

2010

7. Financial Cycles: What? How? When?
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 303-343 View citations (74)
   See also Journal Article in NBER International Seminar on Macroeconomics (2011)
   Working Paper (2011)
8. Financial Globalization and Economic Policies
   Elsevier View citations (76)
   See also Working Paper (2009)
9. Globalization, the Business Cycle, and Macroeconomic Monitoring
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 245-286 View citations (15)
   See also Working Paper (2011)
   Journal Article in NBER International Seminar on Macroeconomics (2011)
10. Postscript to Financial Globalization and Economic Policies
    Elsevier View citations (20)

2007

11. Financial Globalization, Growth and Volatility in Developing Countries
    A chapter in Globalization and Poverty, 2007, pp 457-516 View citations (60)
    See also Working Paper (2004)

2005

12. How Has NAFTA Affected the Mexican Economy? Review and Evidence
    Springer View citations (29)
    See also Working Paper (2004)

Software Items

2010

1. Code and data files for "What are the driving forces of international business cycles?"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2011)