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 2024-12-06. Update your information in the RePEc Author Service.

Short-id: pko65

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Working Papers

2024

1. Rate Cycles
   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 (2024)
   Policy Research Working Paper Series, The World Bank (2024)
   MPRA Paper, University Library of Munich, Germany (2024)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2024)
2. Resolving Puzzles of Monetary Policy Transmission in Emerging Markets
   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 (2024)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2024)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2024)
   NBER Working Papers, National Bureau of Economic Research, Inc (2024)
   MPRA Paper, University Library of Munich, Germany (2024)
3. The Great Reversal
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2024)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2024)
   MPRA Paper, University Library of Munich, Germany (2024)

2023

4. 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 CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   MPRA Paper, University Library of Munich, Germany (2023)
   Policy Research Working Paper Series, The World Bank (2023)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2023)
5. 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)
6. Slowing Growth: More Than a Rough Patch
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
   Also in MPRA Paper, University Library of Munich, Germany (2023)
   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)
7. Understanding the Global Drivers of Inflation: How Important Are Oil Prices ?
   Policy Research Working Paper Series, The World Bank
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2023) View citations (3)
   Working Papers, Florida International University, Department of Economics (2023) View citations (3)
8. 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
9. What Explains Global Inflation
   MPRA Paper, University Library of Munich, Germany
   Also in Policy Research Working Paper Series, The World Bank (2023)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (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)

2022

10. From Low to High Inflation: Implications for Emerging Market and Developing Economies
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022) View citations (4)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2022) View citations (4)
11. Global Stagflation
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    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)
    MPRA Paper, University Library of Munich, Germany (2022)
12. Is a Global Recession Imminent?
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2022) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    MPRA Paper, University Library of Munich, Germany (2022) View citations (1)

2021

13. 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 A Mountain of Debt: Navigating the Legacy of the Pandemic, Journal of Globalization and Development, De Gruyter (2022) View citations (3) (2022)
14. Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles
    MPRA Paper, University Library of Munich, Germany View citations (5)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (3)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021) View citations (3)
15. Growing Apart or Moving Together? Synchronization of Informal and Formal Economy Cycles Abstract
    Working Papers, Bogazici University, Department of Economics View citations (3)
16. Inflation During the Pandemic: What Happened? What is Next?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (17)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (11)
    MPRA Paper, University Library of Munich, Germany (2021) View citations (17)
17. One-Stop Source: A Global Database of Inflation
    MPRA Paper, University Library of Munich, Germany View citations (23)
    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) View citations (17)
    Policy Research Working Paper Series, The World Bank (2021) View citations (15)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (17)
    See also Journal Article One-stop source: A global database of inflation, Journal of International Money and Finance, Elsevier (2023) View citations (14) (2023)
18. The Aftermath of Debt Surges
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    Policy Research Working Paper Series, The World Bank (2021) View citations (4)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (1)
    See also Journal Article The Aftermath of Debt Surges, Annual Review of Economics, Annual Reviews (2022) View citations (6) (2022)
19. Understanding Informality
    MPRA Paper, University Library of Munich, Germany View citations (16)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (19)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021) View citations (16)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
20. Understanding Informality Abstract
    Working Papers, Bogazici University, Department of Economics View citations (16)
21. 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 (6)
    Also in 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)
    MPRA Paper, University Library of Munich, Germany (2021) View citations (7)
22. What Types of Capital Flows Help Improve International Risk Sharing ?
    Policy Research Working Paper Series, The World Bank
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2021)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021)
    See also Journal Article What types of capital flows help improve international risk sharing?, Journal of International Money and Finance, Elsevier (2022) View citations (2) (2022)

2020

23. Benefits and Costs of Debt: The Dose Makes the Poison
    Policy Research Working Paper Series, The World Bank View citations (5)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (5)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (5)
24. 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)
25. Debt and Financial Crises
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (4)
    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)
26. Emerging and Developing Economies: Ten Years After the Global Recession
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (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)
27. Global Macro-Financial Cycles and Spillovers
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (10)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (10)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2020) View citations (10)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020) View citations (10)
28. Global Recessions
    MPRA Paper, University Library of Munich, Germany
    Also in Working Papers, Peruvian Economic Association (2020)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2020)
    Policy Research Working Paper Series, The World Bank (2020)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
29. Subdued Potential Growth: Sources and Remedies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
    Also in Policy Research Working Paper Series, The World Bank (2020) View citations (15)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (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)

2019

30. Global Inflation Synchronization
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    Also in Policy Research Working Paper Series, The World Bank (2019) View citations (9)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2019) View citations (6)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (9)
31. Inflation Expectations: Review and Evidence
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (29)
    Also in Policy Research Working Paper Series, The World Bank (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)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (14)
32. Remittances over the Business Cycle: Theory and Evidence
    MPRA Paper, University Library of Munich, Germany View citations (14)
    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 Remittances over the business cycle: Theory and evidence, Economic Notes, Banca Monte dei Paschi di Siena SpA (2019) View citations (14) (2019)
33. Understanding Inflation in Emerging and Developing Economies
    Policy Research Working Paper Series, The World Bank View citations (38)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2019) View citations (38)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (37)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (30)
34. Why Do Fiscal Multipliers Depend on Fiscal Positions?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (21)
    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)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (22)
    See also Journal Article Why do fiscal multipliers depend on fiscal Positions?, Journal of Monetary Economics, Elsevier (2020) View citations (44) (2020)

2018

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

2017

36. A Cross-Country Database of Fiscal Space
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (53)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2017) View citations (53)
    Policy Research Working Paper Series, The World Bank (2017) View citations (49)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (53)
    See also Journal Article A cross-country database of fiscal space, Journal of International Money and Finance, Elsevier (2022) View citations (38) (2022)
37. Asset Prices and Macroeconomic Outcomes: A Survey
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (20)
    Also in Policy Research Working Paper Series, The World Bank (2017) View citations (20)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (20)
    BIS Working Papers, Bank for International Settlements (2017) View citations (20)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (18)
38. How Important are Spillovers from Major Emerging Markets?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (18)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2017) View citations (19)
    Policy Research Working Paper Series, The World Bank (2017) View citations (17)
    See also Journal Article How important are spillovers from major emerging markets?, International Finance, Wiley Blackwell (2020) View citations (20) (2020)
39. Macroeconomic Implications of Financial Imperfections: A Survey
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (27)
    Also in BIS Working Papers, Bank for International Settlements (2017) View citations (27)
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2017) View citations (27)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (26)
    Policy Research Working Paper Series, The World Bank (2017) View citations (27)
40. 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 (8)
    Also in Policy Research Working Paper Series, The World Bank (2017) View citations (20)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (24)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (25)
41. Weakness in Investment Growth: Causes, Implications and Policy Responses
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (29)
    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)

2016

42. 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 CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (2)
    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)
    See also Journal Article Challenges of Fiscal Policy in Emerging and Developing Economies, Emerging Markets Finance and Trade, Taylor & Francis Journals (2018) (2018)
43. 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)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (33)
    Policy Research Working Paper Series, The World Bank (2016) View citations (17)
44. 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 (12)
    Also in Policy Research Working Paper Series, The World Bank (2016) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (12)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (10)
    See also Journal Article How does the sensitivity of consumption to income vary over time? International evidence, Journal of Economic Dynamics and Control, Elsevier (2016) View citations (11) (2016)
45. 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 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)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (49)
46. Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    Also in 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)
    Policy Research Notes (PRNs), The World Bank (2015) View citations (27)

2015

47. 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 (17)
    See also Chapter Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement, Advances in Econometrics, Emerald Group Publishing Limited (2016) View citations (20) (2016)
48. The Coming U.S. Interest Rate Tightening Cycle: Smooth Sailing or Stormy Waters?
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (9)
    Also in Policy Research Notes (PRNs), The World Bank (2015) View citations (36)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2015) View citations (13)
49. The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses
    Policy Research Notes (PRNs), The World Bank View citations (155)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2015) View citations (181)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2015) View citations (174)

2013

50. Financial Crises Explanations, Types, and Implications
    IMF Working Papers, International Monetary Fund View citations (137)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (129)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (136)
51. Global House Price Fluctuations: Synchronization and Determinants
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (49)
    Also in Working Paper, Harvard University OpenScholar View citations (101)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (86)
    IMF Working Papers, International Monetary Fund (2013) View citations (47)
    See also Chapter Global House Price Fluctuations: Synchronization and Determinants, NBER Chapters, National Bureau of Economic Research, Inc (2012) View citations (85) (2012)
    Journal Article Global House Price Fluctuations: Synchronization and Determinants, NBER International Seminar on Macroeconomics, University of Chicago Press (2013) View citations (46) (2013)
52. Regionalization vs. Globalization
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (53)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (43)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2013) View citations (48)
    IMF Working Papers, International Monetary Fund (2013) View citations (50)
    Working Paper, Harvard University OpenScholar View citations (48)
    Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (4)
53. Understanding Financial Crises: Causes, Consequences, and Policy Responses
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (22)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2013) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (17)

2011

54. Financial Cycles: What? How? When?
    IMF Working Papers, International Monetary Fund View citations (282)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (279)
    See also Chapter Financial Cycles: What? How? When?, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (74) (2010)
    Journal Article Financial Cycles: What? How? When?, NBER International Seminar on Macroeconomics, University of Chicago Press (2011) View citations (279) (2011)
55. 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 Chapter Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (15) (2010)
    Journal Article Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER International Seminar on Macroeconomics, University of Chicago Press (2011) View citations (20) (2011)
56. How Do Business and Financial Cycles Interact?
    IMF Working Papers, International Monetary Fund View citations (107)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (104)
    See also Journal Article How do business and financial cycles interact?, Journal of International Economics, Elsevier (2012) View citations (381) (2012)
57. 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

58. Do Credit Shocks Matter? A Global Perspective
    IMF Working Papers, International Monetary Fund View citations (55)
    See also Journal Article Do credit shocks matter? A global perspective, European Economic Review, Elsevier (2011) View citations (178) (2011)
59. 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 Recessions and Financial Disruptions in Emerging Markets: A Bird’s Eye View, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2011) View citations (11) (2011)
60. 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 (66)
    See also Journal Article The global financial crisis: How similar? How different? How costly?, Journal of Asian Economics, Elsevier (2010) View citations (70) (2010)

2009

61. Capital Inflows: Macroeconomic Implications and Policy Responses
    IMF Working Papers, International Monetary Fund View citations (59)
    See also Journal Article Capital inflows: Macroeconomic implications and policy responses, Economic Systems, Elsevier (2010) View citations (105) (2010)
62. Financial Globalization and Economic Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (35)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (31)
    See also Chapter Financial Globalization and Economic Policies, Handbook of Development Economics, Elsevier (2010) View citations (79) (2010)
63. Thresholds in the Process of International Financial Integration
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (43)
    Policy Research Working Paper Series, The World Bank (2009) View citations (35)
    See also Journal Article Thresholds in the process of international financial integration, Journal of International Money and Finance, Elsevier (2011) View citations (237) (2011)
64. 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 What are the driving forces of international business cycles?, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) View citations (158) (2011)

2008

65. Does Openness to International Financial Flows Contribute to Productivity Growth?
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (45)
66. Does Openness to International Financial Flows Raise Productivity Growth?
    IMF Working Papers, International Monetary Fund View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (42)
    See also Journal Article Does openness to international financial flows raise productivity growth?, Journal of International Money and Finance, Elsevier (2009) View citations (158) (2009)
67. Global Business Cycles: Convergence or Decoupling?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (160)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (156)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (175)
    IMF Working Papers, International Monetary Fund (2008) View citations (171)
    See also Journal Article GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2012) View citations (223) (2012)
68. Reaping the Benefits of Financial Globalization
    IMF Occasional Papers, International Monetary Fund View citations (40)
69. What Happens During Recessions, Crunches and Busts?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (160)
    Also in IMF Working Papers, International Monetary Fund (2008) View citations (163)
    See also Journal Article What happens during recessions, crunches and busts?, Economic Policy, CEPR, CESifo, Sciences Po (2009) View citations (243) (2009)

2007

70. Changing Nature of North-South Linkages: Stylized Facts and Explanations
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article Changing nature of North-South linkages: Stylized facts and explanations, Journal of Asian Economics, Elsevier (2008) View citations (69) (2008)
71. 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

72. Financial Globalization: A Reappraisal
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (469)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (499)
    IMF Working Papers, International Monetary Fund (2006) View citations (519)
    See also Journal Article Financial Globalization: A Reappraisal, Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia (2009) View citations (43) (2009)
73. 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 HOW DIFFERENT IS THE CYCLICAL BEHAVIOR OF HOME PRODUCTION ACROSS COUNTRIES?, Macroeconomic Dynamics, Cambridge University Press (2007) View citations (6) (2007)
74. How Do Trade and Financial Integration Affect the Relationship between Growth and Volatility?
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (126)
    Also in IMF Working Papers, International Monetary Fund (2005) View citations (24)
    Working Paper Series, Federal Reserve Bank of San Francisco (2004) View citations (22)
    See also Journal Article How do trade and financial integration affect the relationship between growth and volatility?, Journal of International Economics, Elsevier (2006) View citations (130) (2006)

2005

75. 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 Can the standard international business cycle model explain the relation between trade and comovement?, Journal of International Economics, Elsevier (2006) View citations (219) (2006)
76. Understanding the Evolution of World Business Cycles
    IMF Working Papers, International Monetary Fund View citations (40)
    See also Journal Article Understanding the evolution of world business cycles, Journal of International Economics, Elsevier (2008) View citations (299) (2008)

2004

77. Economic Integration, Business Cycle, and Productivity in North America
    IMF Working Papers, International Monetary Fund View citations (12)
78. Financial Globalization, Growth and Volatility in Developing Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (56)
    Also in Working Paper, Harvard University OpenScholar View citations (96)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (62)
    See also Chapter Financial Globalization, Growth and Volatility in Developing Countries, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (61) (2007)
79. How Has Nafta Affected the Mexican Economy? Review and Evidence
    IMF Working Papers, International Monetary Fund View citations (50)
    See also Chapter How Has NAFTA Affected the Mexican Economy? Review and Evidence, Springer Books, Springer (2005) View citations (29) (2005)

2003

80. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence
    IMF Occasional Papers, International Monetary Fund View citations (519)
81. Financial Integration and Macroeconomic Volatility
    IMF Working Papers, International Monetary Fund View citations (286)
82. How Does Globalization Affect the Synchronization of Business Cycles?
    IMF Working Papers, International Monetary Fund View citations (303)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2003) View citations (325)
    See also Journal Article How Does Globalization Affect the Synchronization of Business Cycles?, American Economic Review, American Economic Association (2003) View citations (334) (2003)
83. Volatility and Comovement in a Globalized World Economy: An Empirical Exploration
    IMF Working Papers, International Monetary Fund View citations (28)

2002

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

2001

85. 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

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

1999

87. 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 Can world real interest rates explain business cycles in a small open economy?, Journal of Economic Dynamics and Control, Elsevier (2001) View citations (79) (2001)
88. 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)
89. Trade Shocks and Macroeconomic Fluctuations in Africa
    CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick View citations (12)
    Also in CESifo Working Paper Series, CESifo (1999) View citations (9)
    See also Journal Article Trade shocks and macroeconomic fluctuations in Africa, Journal of Development Economics, Elsevier (2001) View citations (125) (2001)
    Chapter Trade shocks and macroeconomic fluctuations in Africa, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2013) View citations (4) (2013)
90. 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 Chapter Understanding the Welfare Implications of Preferential Trade Agreements, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2013) (2013)
    Journal Article Understanding the Welfare Implications of Preferential Trade Agreements, Review of International Economics, Wiley Blackwell (2000) View citations (11) (2000)
91. 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

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

1991

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

Undated

94. Integration and Fluctuations
    Working Paper, Harvard University OpenScholar View citations (5)
95. 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) View citations (14)
   See also Working Paper One-Stop Source: A Global Database of Inflation, MPRA Paper (2021) View citations (23) (2021)
2. Understanding the global drivers of inflation: How important are oil prices?11We would like to thank Xuguang Simon Sheng, Guest Editor, and two anonymous reviewers for their detailed feedback. We also thank Zidong An, Carlos Arteta, Menzie Chinn, Kevin Clinton, Zolt Darvas, Alistair Dieppe, Laurent Ferrara, Graham Hacche, David Hendry, Gene Kindberg-Hanlon, Wee Chian Koh, Catherine Kyrtsou, David Papell, Xuguang Simon Sheng, Koji Takahashi, Christopher Towe, Kozo Ueda, Lei Sandy Ye, Kamil Yilmaz, and several seminar and conference participants for their helpful comments on earlier versions of this paper. Heqing Zhao provided excellent research assistance. We gratefully acknowledge support from World Bank PHRD and KCP Funds. The findings, interpretations and conclusions expressed in this paper are those of the authors and should not be attributed to the World Bank, its Executive Directors, or the countries they represent
   Energy Economics, 2023, 127, (PA)

2022

3. A Mountain of Debt: Navigating the Legacy of the Pandemic
   Journal of Globalization and Development, 2022, 13, (2), 233-268 View citations (3)
   See also Working Paper A Mountain of Debt: Navigating the Legacy of the Pandemic, CEPR Discussion Papers (2021) (2021)
4. A cross-country database of fiscal space
   Journal of International Money and Finance, 2022, 128, (C) View citations (38)
   See also Working Paper A Cross-Country Database of Fiscal Space, CEPR Discussion Papers (2017) View citations (53) (2017)
5. The Aftermath of Debt Surges
   Annual Review of Economics, 2022, 14, (1), 637-663 View citations (6)
   See also Working Paper The Aftermath of Debt Surges, NBER Working Papers (2021) View citations (7) (2021)
6. 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 What Types of Capital Flows Help Improve International Risk Sharing ?, Policy Research Working Paper Series (2021) (2021)

2020

7. 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)
8. How important are spillovers from major emerging markets?
   International Finance, 2020, 23, (1), 47-63 View citations (20)
   See also Working Paper How Important are Spillovers from Major Emerging Markets?, CEPR Discussion Papers (2017) View citations (19) (2017)
9. Why do fiscal multipliers depend on fiscal Positions?
   Journal of Monetary Economics, 2020, 114, (C), 109-125 View citations (44)
   See also Working Paper Why Do Fiscal Multipliers Depend on Fiscal Positions?, Koç University-TUSIAD Economic Research Forum Working Papers (2019) View citations (21) (2019)

2019

10. Remittances over the business cycle: Theory and evidence
    Economic Notes, 2019, 48, (3) View citations (14)
    See also Working Paper Remittances over the Business Cycle: Theory and Evidence, MPRA Paper (2019) View citations (14) (2019)

2018

11. Challenges of Fiscal Policy in Emerging and Developing Economies
    Emerging Markets Finance and Trade, 2018, 54, (9), 1927-1945
    See also Working Paper Challenges of Fiscal Policy in Emerging and Developing Economies, Koç University-TUSIAD Economic Research Forum Working Papers (2016) View citations (2) (2016)

2016

12. 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)
13. 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 (11)
    See also Working Paper How Does the Sensitivity of Consumption to Income Vary Over Time? International Evidence, Koç University-TUSIAD Economic Research Forum Working Papers (2016) View citations (12) (2016)

2015

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

2014

16. Asia: Challenges of Stability and Growth
    IMF Economic Review, 2014, 62, (3), 323-326
17. Crises: Yesterday and Today—1
    IMF Economic Review, 2014, 62, (4), 465-469
18. Welfare implications of trade liberalization and fiscal reform: A quantitative experiment
    Journal of International Economics, 2014, 92, (1), 198-209 View citations (10)

2013

19. Financial Crises: Review and Evidence
    Central Bank Review, 2013, 13, (3), 1-23 View citations (2)
20. From the Global to the National Cycle: An Intricate Liaison
    Pacific Economic Review, 2013, 18, (3), 370-402 View citations (13)
21. Global House Price Fluctuations: Synchronization and Determinants
    NBER International Seminar on Macroeconomics, 2013, 9, (1), 119 - 166 View citations (46)
    See also Working Paper Global House Price Fluctuations: Synchronization and Determinants, CAMA Working Papers (2013) View citations (49) (2013)
    Chapter Global House Price Fluctuations: Synchronization and Determinants, NBER Chapters, 2012, 119-166 (2012) View citations (85) (2012)
22. Labor Markets Through the Lens of the Great Recession—1
    IMF Economic Review, 2013, 61, (3), 405-409
23. Labor Markets Through the Lens of the Great Recession—2
    IMF Economic Review, 2013, 61, (4), 561-565
24. Policy Responses to Commodity Price Movements—2
    IMF Economic Review, 2013, 61, (1), 1-5

2012

25. GLOBAL BUSINESS CYCLES: CONVERGENCE OR DECOUPLING?
    International Economic Review, 2012, 53, (2), 511-538 View citations (223)
    See also Working Paper Global Business Cycles: Convergence or Decoupling?, NBER Working Papers (2008) View citations (160) (2008)
26. How do business and financial cycles interact?
    Journal of International Economics, 2012, 87, (1), 178-190 View citations (381)
    See also Working Paper How Do Business and Financial Cycles Interact?, IMF Working Papers (2011) View citations (107) (2011)
27. Monetary and Macroprudential Policies
    IMF Economic Review, 2012, 60, (2), 151-154
28. Policy Responses to Commodity Price Movements—1
    IMF Economic Review, 2012, 60, (4), 465-469

2011

29. Arrival of Regular Issues
    IMF Economic Review, 2011, 59, (3), 401-403
30. 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)
31. Do credit shocks matter? A global perspective
    European Economic Review, 2011, 55, (3), 340-353 View citations (178)
    See also Working Paper Do Credit Shocks Matter? A Global Perspective, IMF Working Papers (2010) View citations (55) (2010)
32. Economic Linkages, Spillovers, and the Financial Crisis—2
    IMF Economic Review, 2011, 59, (1), 1-5 View citations (1)
33. Financial Cycles: What? How? When?
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 303 - 344 View citations (279)
    See also Working Paper Financial Cycles: What? How? When?, IMF Working Papers (2011) View citations (282) (2011)
    Chapter Financial Cycles: What? How? When?, NBER Chapters, 2010, 303-343 (2010) View citations (74) (2010)
34. Fiscal Policy, Stabilization, and Sustainability
    IMF Economic Review, 2011, 59, (4), 581-581
35. Globalization, the Business Cycle, and Macroeconomic Monitoring
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 245 - 286 View citations (20)
    See also Chapter Globalization, the Business Cycle, and Macroeconomic Monitoring, NBER Chapters, 2010, 245-286 (2010) View citations (15) (2010)
    Working Paper Globalization, the Business Cycle, and Macroeconomic Monitoring, IMF Working Papers (2011) View citations (19) (2011)
36. Macroeconomic and Financial Policies after the Crisis
    IMF Economic Review, 2011, 59, (2), 137-144
37. Thresholds in the process of international financial integration
    Journal of International Money and Finance, 2011, 30, (1), 147-179 View citations (237)
    See also Working Paper Thresholds in the Process of International Financial Integration, NBER Working Papers (2009) View citations (68) (2009)
38. What are the driving forces of international business cycles?
    Review of Economic Dynamics, 2011, 14, (1), 156-175 View citations (158)
    See also Software Item Code and data files for "What are the driving forces of international business cycles?", Computer Codes (2010) (2010)
    Working Paper What are the driving forces of international business cycles, 2009 Meeting Papers (2009) (2009)

2010

39. Capital inflows: Macroeconomic implications and policy responses
    Economic Systems, 2010, 34, (4), 333-356 View citations (105)
    See also Working Paper Capital Inflows: Macroeconomic Implications and Policy Responses, IMF Working Papers (2009) View citations (59) (2009)
40. Economic Linkages, Spillovers, and the Financial Crisis—1
    IMF Economic Review, 2010, 58, (2), 209-213
41. 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 Recessions and Financial Disruptions in Emerging Markets: A Bird’s Eye View, Central Banking, Analysis, and Economic Policies Book Series, 2011, 16, 059-104 (2011) View citations (11) (2011)
42. The financial crisis of 2008-2009: Origins, issues, and prospects
    Journal of Asian Economics, 2010, 21, (3), 239-241 View citations (2)
43. The global financial crisis: How similar? How different? How costly?
    Journal of Asian Economics, 2010, 21, (3), 247-264 View citations (70)
    See also Working Paper The Global Financial Crisis:How Similar? How Different? How Costly?, Koç University-TUSIAD Economic Research Forum Working Papers (2010) View citations (66) (2010)

2009

44. Does financial globalization promote risk sharing?
    Journal of Development Economics, 2009, 89, (2), 258-270 View citations (168)
45. Does openness to international financial flows raise productivity growth?
    Journal of International Money and Finance, 2009, 28, (4), 554-580 View citations (158)
    See also Working Paper Does Openness to International Financial Flows Raise Productivity Growth?, IMF Working Papers (2008) View citations (43) (2008)
46. Financial Globalization: A Reappraisal
    Panoeconomicus, 2009, 56, (2), 143-197 View citations (43)
    Also in IMF Staff Papers, 2009, 56, (1), 8-62 (2009) View citations (430)
    See also Working Paper Financial Globalization: A Reappraisal, CEPR Discussion Papers (2006) View citations (469) (2006)
47. Frontiers of Research on Financial Globalization
    IMF Staff Papers, 2009, 56, (1), 1-7 View citations (1)
48. What happens during recessions, crunches and busts?
    (Business cycles for G-7 and European countries)
    Economic Policy, 2009, 24, (60), 653-700 View citations (243)
    See also Working Paper What Happens During Recessions, Crunches and Busts?, CEPR Discussion Papers (2008) View citations (160) (2008)

2008

49. Changing nature of North-South linkages: Stylized facts and explanations
    Journal of Asian Economics, 2008, 19, (1), 1-28 View citations (69)
    See also Working Paper Changing Nature of North-South Linkages: Stylized Facts and Explanations, IMF Working Papers (2007) View citations (15) (2007)
50. Financial Stress and Economic Activity
    Journal of BRSA Banking and Financial Markets, 2008, 2, (2), 11-24 View citations (9)
51. Understanding the evolution of world business cycles
    Journal of International Economics, 2008, 75, (1), 110-130 View citations (299)
    See also Working Paper Understanding the Evolution of World Business Cycles, IMF Working Papers (2005) View citations (40) (2005)

2007

52. 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 How Different Is the Cyclical Behavior of Home Production Across Countries?, IMF Working Papers (2006) View citations (1) (2006)
53. Sources of Fluctuations: The Case of MENA
    Emerging Markets Finance and Trade, 2007, 43, (1), 5-34 View citations (9)

2006

54. 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 (219)
    See also Working Paper Can the Standard International Business Cycle Model Explain the Relation Between Trade and Comovement?, IMF Working Papers (2005) View citations (11) (2005)
55. How do trade and financial integration affect the relationship between growth and volatility?
    Journal of International Economics, 2006, 69, (1), 176-202 View citations (130)
    Also in Proceedings, 2004, (Jun) (2004) View citations (31)
    See also Working Paper How Do Trade and Financial Integration Affect the Relationship between Growth and Volatility?, IZA Discussion Papers (2006) View citations (126) (2006)

2005

56. Growth and Volatility in an Era of Globalization
    IMF Staff Papers, 2005, 52, (si), 31-63 View citations (58)
57. 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

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

2003

60. DYNAMICS OF OPEN-ECONOMY BUSINESS-CYCLE MODELS: ROLE OF THE DISCOUNT FACTOR
    Macroeconomic Dynamics, 2003, 7, (2), 263-290 View citations (42)
61. Dynamics of Business Cycles in Asia: Differences and Similarities
    Review of Development Economics, 2003, 7, (3), 462-477 View citations (31)
62. How Does Globalization Affect the Synchronization of Business Cycles?
    American Economic Review, 2003, 93, (2), 57-62 View citations (334)
    See also Working Paper How Does Globalization Affect the Synchronization of Business Cycles?, IMF Working Papers (2003) View citations (303) (2003)
63. International Business Cycles: World, Region, and Country-Specific Factors
    American Economic Review, 2003, 93, (4), 1216-1239 View citations (837)

2002

64. Explaining business cycles in small open economies: 'How much do world prices matter?'
    Journal of International Economics, 2002, 56, (2), 299-327 View citations (274)

2001

65. 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 (79)
    See also Working Paper Can world real interest rates explain business cycles in a small open economy?, Staff Reports (1999) View citations (5) (1999)
66. International Trade and Business Cycles: Is Vertical Specialization the Missing Link?
    American Economic Review, 2001, 91, (2), 371-375 View citations (151)
67. Trade shocks and macroeconomic fluctuations in Africa
    Journal of Development Economics, 2001, 65, (1), 55-80 View citations (125)
    See also Chapter Trade shocks and macroeconomic fluctuations in Africa, World Scientific Book Chapters, 2013, 369-394 (2013) View citations (4) (2013)
    Working Paper Trade Shocks and Macroeconomic Fluctuations in Africa, CSGR Working papers series (1999) View citations (12) (1999)

2000

68. 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
69. Understanding the Welfare Implications of Preferential Trade Agreements
    Review of International Economics, 2000, 8, (4), 619-633 View citations (11)
    See also Chapter Understanding the Welfare Implications of Preferential Trade Agreements, World Scientific Book Chapters, 2013, 85-99 (2013) (2013)
    Working Paper Understanding the Welfare Implications of Preferential Trade Agreements, CSGR Working papers series (1999) View citations (5) (1999)

1998

70. 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 External Shocks and Economic Dynamics: The Case of African Countries, CESifo Working Paper Series (1998) View citations (1) (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 (64)

2018

4. Frontiers of macrofinancial linkages
   BIS Papers, Bank for International Settlements View citations (27)

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 (20)
   See also Working Paper Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement, Federal Reserve Bank of St. Louis (2015) View citations (17) (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 Trade shocks and macroeconomic fluctuations in Africa, Elsevier (2001) View citations (125) (2001)
   Working Paper Trade Shocks and Macroeconomic Fluctuations in Africa, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick (1999) View citations (12) (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 Journal Article Understanding the Welfare Implications of Preferential Trade Agreements, Wiley Blackwell (2000) View citations (11) (2000)
   Working Paper Understanding the Welfare Implications of Preferential Trade Agreements, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick (1999) View citations (5) (1999)

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 Global House Price Fluctuations: Synchronization and Determinants, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (49) (2013)
   Journal Article Global House Price Fluctuations: Synchronization and Determinants, University of Chicago Press (2013) View citations (46) (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 Recessions and Financial Disruptions in Emerging Marketes: A Bird's Eye View, Central Bank of Chile (2010) View citations (1) (2010)
   Working Paper Recessions and Financial Disruptions in Emerging Markets: A Bird´s Eye View, Central Bank of Chile (2010) View citations (4) (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 Working Paper Financial Cycles: What? How? When?, International Monetary Fund (2011) View citations (282) (2011)
   Journal Article Financial Cycles: What? How? When?, University of Chicago Press (2011) View citations (279) (2011)
8. Financial Globalization and Economic Policies
   Elsevier View citations (79)
   See also Working Paper Financial Globalization and Economic Policies, C.E.P.R. Discussion Papers (2009) View citations (35) (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 Globalization, the Business Cycle, and Macroeconomic Monitoring, International Monetary Fund (2011) View citations (19) (2011)
   Journal Article Globalization, the Business Cycle, and Macroeconomic Monitoring, University of Chicago Press (2011) View citations (20) (2011)
10. Postscript to Financial Globalization and Economic Policies
    Elsevier View citations (23)

2007

11. Financial Globalization, Growth and Volatility in Developing Countries
    A chapter in Globalization and Poverty, 2007, pp 457-516 View citations (61)
    See also Working Paper Financial Globalization, Growth and Volatility in Developing Countries, C.E.P.R. Discussion Papers (2004) View citations (56) (2004)

2005

12. How Has NAFTA Affected the Mexican Economy? Review and Evidence
    Springer View citations (29)
    See also Working Paper How Has Nafta Affected the Mexican Economy? Review and Evidence, International Monetary Fund (2004) View citations (50) (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 What are the driving forces of international business cycles?, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011) View citations (158) (2011)