Details about Nicolas Magud

Access statistics for papers by Nicolas Magud.

Last updated 2025-03-14. Update your information in the RePEc Author Service.

Short-id: pma2505

Working Papers

2021

1. Economic and Institutional Consequences of Populism
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
2. The Long-Run Impact of Sovereign Yields on Corporate Yields in Emerging Markets
   IMF Working Papers, International Monetary Fund
   See also Journal Article The long-run impact of sovereign yields on corporate yields in emerging markets, Journal of International Money and Finance, Elsevier (2023) View citations (1) (2023)

2018

3. No Pain, All Gain? Exchange Rate Flexibility and the Expenditure-Switching Effect
   IMF Working Papers, International Monetary Fund View citations (1)
4. Real Exchange Rates, Economic Complexity, and Investment
   IMF Working Papers, International Monetary Fund View citations (9)

2017

5. Corporate investment in emerging markets: the role of commodity prices
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
   See also Journal Article Corporate Investment in Emerging Markets: The Role of Commodity Prices, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2017) View citations (10) (2017)
6. Terms-of-Trade Cycles and External Adjustment
   IMF Working Papers, International Monetary Fund View citations (8)
   See also Journal Article Terms-of-trade cycles and external adjustment, International Review of Economics & Finance, Elsevier (2018) View citations (10) (2018)

2016

7. Central Banking in Latin America: The Way Forward
   IMF Working Papers, International Monetary Fund View citations (6)
8. Income Distribution, Factor Endowments, and Trade Revisited: The Role of Non-Tradable Goods
   Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET)
   See also Journal Article Income Distribution, Factor Endowments, and Trade Revisited: The Role of Non-Tradable Goods, Journal of Globalization and Development, De Gruyter (2017) View citations (3) (2017)
9. Monetary Policy Credibility and Exchange Rate Pass-Through
   IMF Working Papers, International Monetary Fund View citations (24)
   See also Journal Article Monetary Policy Credibility and Exchange Rate Pass-Through, International Journal of Central Banking, International Journal of Central Banking (2021) View citations (11) (2021)

2015

10. Collateral Damage: Dollar Strength and Emerging Markets’ Growth
    IMF Working Papers, International Monetary Fund View citations (4)
    See also Journal Article Collateral damage: Dollar strength and emerging markets’ growth, The North American Journal of Economics and Finance, Elsevier (2018) View citations (14) (2018)
11. Corporate Investment in Emerging Markets: Financing vs. Real Options Channel
    IMF Working Papers, International Monetary Fund View citations (11)
12. Investment in Emerging Markets We Are Not in Kansas Anymore…Or Are We?
    IMF Working Papers, International Monetary Fund View citations (15)

2014

13. Exchange Rate Flexibility and Credit during Capital Inflow Reversals: Purgatory…not Paradise
    IMF Working Papers, International Monetary Fund View citations (6)
    See also Journal Article Exchange rate flexibility and credit during capital inflow reversals: Purgatory … not paradise, Journal of International Money and Finance, Elsevier (2015) View citations (11) (2015)

2013

14. Four Decades of Terms-of-Trade Booms: Saving-Investment Patterns and a New Metric of Income Windfall
    IMF Working Papers, International Monetary Fund View citations (22)

2012

15. A Tradeoff between the Output and Current Account Effects of Pension Reform
    IMF Working Papers, International Monetary Fund View citations (3)
16. Capital Inflows, Exchange Rate Flexibility, and Credit Booms
    IMF Working Papers, International Monetary Fund View citations (45)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (29)
    See also Journal Article Capital Inflows, Exchange Rate Flexibility and Credit Booms, Review of Development Economics, Wiley Blackwell (2014) View citations (68) (2014)
17. To Cut or Not to Cut? That is the (Central Bank’s) Question In Search of the Neutral Interest Rate in Latin America
    IMF Working Papers, International Monetary Fund View citations (15)

2011

18. Capital Controls: A Meta-analysis Approach
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in Working Paper Series, Peterson Institute for International Economics (2011) View citations (243)
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2005)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (250)
19. Capital Controls: Myth and Reality--A Portfolio Balance Approach
    CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics View citations (161)
    See also Journal Article Capital Controls: Myth and Reality--A Portfolio Balance Approach, Annals of Economics and Finance, Society for AEF (2018) View citations (59) (2018)
20. The Chilean Output Gap
    IMF Working Papers, International Monetary Fund View citations (2)

2007

21. Capital controls: An evaluation
    MPRA Paper, University Library of Munich, Germany View citations (65)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (52)
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department (2005)
    See also Chapter Capital Controls: An Evaluation, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (92) (2007)
22. Capital controls: myth and reality, a portfolio balance approach to capital controls
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)

2005

23. On Asymmetric Business Cycles and the Effectiveness of Counter-Cyclical Fiscal Policies
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article On asymmetric business cycles and the effectiveness of counter-cyclical fiscal policies, Journal of Macroeconomics, Elsevier (2008) View citations (19) (2008)

2004

24. Currency Mismatch, Openness and Exchange Rate Regime Choice
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department
    See also Journal Article Currency mismatch, openness and exchange rate regime choice, Journal of Macroeconomics, Elsevier (2010) View citations (15) (2010)
25. Exchange Rate Regime Choice and Country Characteristics: an Empirical Investigation into the Role of Openness
    University of Oregon Economics Department Working Papers, University of Oregon Economics Department

Journal Articles

2025

1. Foreign exchange intervention and capital flow measures under external tail risks
   Emerging Markets Review, 2025, 65, (C)

2024

2. The return of expansionary austerity: Firms' investment response to fiscal adjustments in emerging markets
   Journal of International Money and Finance, 2024, 143, (C)

2023

3. The long-run impact of sovereign yields on corporate yields in emerging markets
   Journal of International Money and Finance, 2023, 130, (C) View citations (1)
   See also Working Paper The Long-Run Impact of Sovereign Yields on Corporate Yields in Emerging Markets, IMF Working Papers (2021) (2021)

2021

4. Exchange rate flexibility, the real exchange rate, and adjustment to terms‐of‐trade shocks
   Review of International Economics, 2021, 29, (2), 439-483 View citations (1)
5. Monetary Policy Credibility and Exchange Rate Pass-Through
   International Journal of Central Banking, 2021, 17, (3), 61-94 View citations (11)
   See also Working Paper Monetary Policy Credibility and Exchange Rate Pass-Through, IMF Working Papers (2016) View citations (24) (2016)

2020

6. Financial Shocks and Corporate Investment in Emerging Markets
   Journal of Money, Credit and Banking, 2020, 52, (2-3), 613-644 View citations (3)

2018

7. Capital Controls: Myth and Reality--A Portfolio Balance Approach
   Annals of Economics and Finance, 2018, 19, (1), 1-47 View citations (59)
   See also Working Paper Capital Controls: Myth and Reality--A Portfolio Balance Approach, CEMA Working Papers (2011) View citations (161) (2011)
8. Collateral damage: Dollar strength and emerging markets’ growth
   The North American Journal of Economics and Finance, 2018, 43, (C), 97-117 View citations (14)
   See also Working Paper Collateral Damage: Dollar Strength and Emerging Markets’ Growth, IMF Working Papers (2015) View citations (4) (2015)
9. Terms-of-trade cycles and external adjustment
   International Review of Economics & Finance, 2018, 54, (C), 103-122 View citations (10)
   See also Working Paper Terms-of-Trade Cycles and External Adjustment, IMF Working Papers (2017) View citations (8) (2017)

2017

10. A Tradeoff between the Output and Net Foreign Asset Effects of Pension Reform
    Open Economies Review, 2017, 28, (4), 685-709 View citations (3)
11. Corporate Investment in Emerging Markets: The Role of Commodity Prices
    Economía Journal, 2017, Volume 18 Number 1, (Fall 2017), 157-195 View citations (10)
    See also Working Paper Corporate investment in emerging markets: the role of commodity prices, LSE Research Online Documents on Economics (2017) (2017)
12. Income Distribution, Factor Endowments, and Trade Revisited: The Role of Non-Tradable Goods
    Journal of Globalization and Development, 2017, 8, (1), 20 View citations (3)
    See also Working Paper Income Distribution, Factor Endowments, and Trade Revisited: The Role of Non-Tradable Goods, Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) (2016) (2016)

2015

13. Exchange rate flexibility and credit during capital inflow reversals: Purgatory … not paradise
    Journal of International Money and Finance, 2015, 55, (C), 88-110 View citations (11)
    See also Working Paper Exchange Rate Flexibility and Credit during Capital Inflow Reversals: Purgatory…not Paradise, IMF Working Papers (2014) View citations (6) (2014)
14. Four decades of terms-of-trade booms: A metric of income windfall
    Journal of International Money and Finance, 2015, 55, (C), 162-192 View citations (13)

2014

15. Capital Inflows, Exchange Rate Flexibility and Credit Booms
    Review of Development Economics, 2014, 18, (3), 415-430 View citations (68)
    See also Working Paper Capital Inflows, Exchange Rate Flexibility, and Credit Booms, IMF Working Papers (2012) View citations (45) (2012)

2013

16. WHEN AND WHY WORRY ABOUT REAL EXCHANGE RATE APPRECIATION? THE MISSING LINK BETWEEN DUTCH DISEASE AND GROWTH
    Journal of International Commerce, Economics and Policy (JICEP), 2013, 04, (02), 1-27 View citations (23)

2010

17. Currency mismatch, openness and exchange rate regime choice
    Journal of Macroeconomics, 2010, 32, (1), 68-89 View citations (15)
    See also Working Paper Currency Mismatch, Openness and Exchange Rate Regime Choice, University of Oregon Economics Department Working Papers (2004) (2004)

2008

18. On asymmetric business cycles and the effectiveness of counter-cyclical fiscal policies
    Journal of Macroeconomics, 2008, 30, (3), 885-905 View citations (19)
    See also Working Paper On Asymmetric Business Cycles and the Effectiveness of Counter-Cyclical Fiscal Policies, University of Oregon Economics Department Working Papers (2005) (2005)

Books

2020

1. Populism, Economic Policies and Central Banking
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (2)

Chapters

2007

1. Capital Controls: An Evaluation
   A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, 2007, pp 645-674 View citations (92)
   See also Working Paper Capital controls: An evaluation, University Library of Munich, Germany (2007) View citations (65) (2007)