EconPapers    
Economics at your fingertips  
 

Details about Enrique G. Mendoza

Homepage:http://www.sas.upenn.edu/~egme/index.html
Postal address:Department of Economics University of Pennsylvania 3718 Locust Walk Philadelphia, PA 19104
Workplace:Department of Economics, University of Pennsylvania, (more information at EDIRC)
National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Enrique G. Mendoza.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pme30


Jump to Journal Articles Chapters Software Items

Working Papers

2023

  1. Beware the Side Effects: Capital Controls, Trade, Misallocation and Welfare
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  2. Natural Resources and Sovereign Risk in Emerging Economies: A Curse and a Blessing
    Working Papers, Federal Reserve Bank of St. Louis Downloads View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) Downloads
  3. Unstable Prosperity: How Globalization Made the World Economy More Volatile
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  4. Why Global and Local Solutions of Open-Economy Models with Incomplete Markets Differ and Why it Matters
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2021

  1. A Macroeconomic Model of Healthcare Saturation, Inequality & the Output-Pandemia Tradeoff
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (1)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) Downloads View citations (2)
  2. A Macroeconomic Model of Healthcare Saturation, Inequality and the Output-Pandemia Tradeoff
    Working Paper Series, Federal Reserve Bank of Chicago Downloads View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (2)

2020

  1. A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (21)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) Downloads View citations (8)

    See also Journal Article A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) Downloads View citations (21) (2020)
  2. Approximately Right?: Global v. Local Methods for Open-Economy Models with Incomplete Markets
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) Downloads View citations (3)

2019

  1. FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    See also Journal Article FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) Downloads View citations (11) (2020)
  2. Global v. Local Methods in the Analysis of Open-Economy Models with Incomplete Markets
    Working Papers, University of Liverpool, Department of Economics Downloads View citations (3)
  3. History Remembered: Optimal Sovereign Default on Domestic and External Debt
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) Downloads View citations (5)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2018) Downloads View citations (5)

    See also Journal Article History remembered: Optimal sovereign default on domestic and external debt, Journal of Monetary Economics, Elsevier (2021) Downloads View citations (6) (2021)
  4. Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies
    IDB Publications (Working Papers), Inter-American Development Bank Downloads View citations (5)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2019) Downloads View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2017) Downloads View citations (20)
    Working Paper Series, European Central Bank (2018) Downloads View citations (1)
    Working Papers, Banco de México (2017) Downloads View citations (18)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2017) Downloads View citations (18)

2018

  1. A Promising Quantitative Framework for Explaining and (maybe) Preventing Financial Crises
    Annual Meeting Plenary, Society for Economic Dynamics Downloads
  2. Positive and Normative Implications of Liability Dollarization for Sudden Stops Models of Macroprudential Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
    See also Journal Article Positive and Normative Implications of Liability Dollarization for Sudden Stops Models of Macroprudential Policy, IMF Economic Review, Palgrave Macmillan (2019) Downloads View citations (17) (2019)
  3. Resource Curse or Blessing? Sovereign Risk in Emerging Economies
    2018 Meeting Papers, Society for Economic Dynamics Downloads View citations (5)

2017

  1. Optimal Domestic (and External) Sovereign Default
    Working Papers, Federal Reserve Bank of Philadelphia Downloads
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2016) Downloads View citations (2)
    2017 Meeting Papers, Society for Economic Dynamics (2017) Downloads View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) Downloads View citations (2)
    Working Papers, eSocialSciences (2016) Downloads View citations (2)

2016

  1. Commodity Prices and Sovereign Default: A New Perspective on The Harberger-Laursen-Metzler Effect
    2016 Meeting Papers, Society for Economic Dynamics Downloads View citations (3)
  2. Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) Downloads View citations (11)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2015) Downloads View citations (1)

    See also Journal Article DISTRIBUTIONAL INCENTIVES IN AN EQUILIBRIUM MODEL OF DOMESTIC SOVEREIGN DEFAULT, Journal of the European Economic Association, European Economic Association (2016) Downloads View citations (26) (2016)
    Chapter Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (17) (2013)
  3. Fundamentals News, Global Liquidity and Macroprudential Policy*
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania Downloads View citations (40)
    See also Journal Article Fundamentals news, global liquidity and macroprudential policy, Journal of International Economics, Elsevier (2016) Downloads View citations (42) (2016)
    Chapter Fundamentals News, Global Liquidity, and Macroprudential Policy, NBER Chapters, National Bureau of Economic Research, Inc (2016) View citations (46) (2016)
  4. Global v. Local Methods in the Quantitative Analysis of Open-Economy Models with Incomplete Markets
    2016 Meeting Papers, Society for Economic Dynamics View citations (2)
  5. Macroprudential Policy: Promise and Challenges
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2016) Downloads View citations (31)

    See also Chapter Macroprudential Policy: Promise and Challenges, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2018) Downloads View citations (2) (2018)
  6. When the Central Bank Meets the Financial Authority: Strategic Interactions and Institutional Design
    2016 Meeting Papers, Society for Economic Dynamics Downloads View citations (1)

2015

  1. Optimal Time-Consistent Macroprudential Policy
    2015 Meeting Papers, Society for Economic Dynamics Downloads View citations (15)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2015) Downloads View citations (15)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) Downloads View citations (45)
    BIS Working Papers, Bank for International Settlements (2015) Downloads View citations (16)

    See also Journal Article Optimal Time-Consistent Macroprudential Policy, Journal of Political Economy, University of Chicago Press (2018) Downloads View citations (149) (2018)
  2. Phases of Global Liquidity, Fundamentals News, and the Design of Macroprudential Policy
    BIS Working Papers, Bank for International Settlements Downloads View citations (7)
  3. What is a Sustainable Public Debt?
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania Downloads View citations (16)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (26)

    See also Chapter What is a Sustainable Public Debt?, Handbook of Macroeconomics, Elsevier (2016) Downloads View citations (79) (2016)

2014

  1. Saving Europe? The unpleasant arithmetic of fiscal austerity in integrated economies
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE Downloads View citations (41)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2014) Downloads View citations (58)
    Working Paper Series, Federal Reserve Bank of Chicago (2014) Downloads View citations (36)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (38)

2013

  1. Anatomy of credit booms and their demise
    2013 Meeting Papers, Society for Economic Dynamics Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (221)
    Working Papers Central Bank of Chile, Central Bank of Chile (2012) Downloads View citations (219)

    See also Chapter An Anatomy of Credit Booms and their Demise, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2014) Downloads View citations (23) (2014)
    Journal Article An Anatomy of Credits Booms and their Demise, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2012) Downloads View citations (178) (2012)
  2. Financial Globalization, Financial Crises, and the External Portfolio Structure of Emerging Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  3. From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (30)
  4. Optimal Domestic Sovereign Default
    2013 Meeting Papers, Society for Economic Dynamics View citations (6)

2012

  1. Capital Mobility and International Sharing of Cyclical Risk
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
    See also Journal Article Capital mobility and international sharing of cyclical risk, Journal of Monetary Economics, Elsevier (2013) Downloads View citations (16) (2013)
  2. Macro-Prudential Policy in a Fisherian model of Financial Innovation
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
    Also in IMF Working Papers, International Monetary Fund (2012) Downloads View citations (21)

    See also Journal Article Macroprudential Policy in a Fisherian Model of Financial Innovation, IMF Economic Review, Palgrave Macmillan (2012) Downloads View citations (41) (2012)
  3. On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2012) Downloads View citations (4)

    See also Journal Article On the solvency of nations: Cross-country evidence on the dynamics of external adjustment, Journal of International Money and Finance, Elsevier (2013) Downloads View citations (28) (2013)

2011

  1. A General Equilibrium Model of Sovereign Default and Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (38)
    Also in IMF Working Papers, International Monetary Fund (2011) Downloads View citations (33)

    See also Journal Article A General Equilibrium Model of Sovereign Default and Business Cycles, The Quarterly Journal of Economics, President and Fellows of Harvard College (2012) Downloads View citations (311) (2012)
  2. Financial Globalization, Financial Crisis, and the External Capital Structure of Emerging Markets
    2011 Meeting Papers, Society for Economic Dynamics Downloads
  3. Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (76)
    See also Journal Article Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies, Economic Journal, Royal Economic Society (2013) Downloads View citations (325) (2013)
  4. How Big (Small?) are Fiscal Multipliers?
    IMF Working Papers, International Monetary Fund Downloads View citations (89)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (116)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2010) Downloads View citations (132)

    See also Journal Article How big (small?) are fiscal multipliers?, Journal of Monetary Economics, Elsevier (2013) Downloads View citations (619) (2013)
  5. Overborrowing, Financial Crises and 'Macro-prudential' Policy
    2011 Meeting Papers, Society for Economic Dynamics Downloads View citations (32)
    Also in IMF Working Papers, International Monetary Fund (2011) Downloads View citations (35)

2010

  1. Financial Globalization, Financial Crises and Contagion
    2010 Meeting Papers, Society for Economic Dynamics Downloads View citations (121)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (16)

    See also Journal Article Financial globalization, financial crises and contagion, Journal of Monetary Economics, Elsevier (2010) Downloads View citations (131) (2010)
  2. Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis
    IMF Working Papers, International Monetary Fund Downloads View citations (22)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (12)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (33)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) Downloads View citations (20)

    See also Journal Article Financial innovation, the discovery of risk, and the U.S. credit crisis, Journal of Monetary Economics, Elsevier (2014) Downloads View citations (73) (2014)
  3. On the Solvency of Nations: Are Global Imbalances Consistent with Intertemporal Budget Constraints?
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2009) Downloads View citations (1)
  4. Overborrowing, Financial Crises and 'Macro-prudential' Taxes
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (89)
    See also Journal Article Overborrowing, financial crises and ‘macro-prudential’ taxes, Proceedings, Federal Reserve Bank of San Francisco (2010) Downloads View citations (60) (2010)

2009

  1. A Solution to the Default Risk-Business Cycle Disconnect
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (2)
  2. The Finnish Great Depression: From Russia with Love
    IZA Discussion Papers, Institute of Labor Economics (IZA) Downloads View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (15)

    See also Journal Article The Finnish Great Depression: From Russia with Love, American Economic Review, American Economic Association (2012) Downloads View citations (82) (2012)

2008

  1. A Solution to the Disconnect between Country Risk and Business Cycle Theories
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
  2. An Anatomy Of Credit Booms: Evidence From Macro Aggregates And Micro Data
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (570)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2008) Downloads View citations (348)
    IMF Working Papers, International Monetary Fund (2008) Downloads View citations (578)
  3. Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism
    2008 Meeting Papers, Society for Economic Dynamics Downloads View citations (11)
    Also in IMF Working Papers, International Monetary Fund (2007) Downloads View citations (42)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (46)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2007) Downloads View citations (26)

    See also Journal Article Precautionary demand for foreign assets in Sudden Stop economies: An assessment of the New Mercantilism, Journal of Development Economics, Elsevier (2009) Downloads View citations (205) (2009)
  4. Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (17)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2008) Downloads View citations (13)
  5. The Finnish Depression: From Russia with love
    2008 Meeting Papers, Society for Economic Dynamics

2007

  1. Financial Integration, Financial Deepness and Global Imbalance
    2007 Meeting Papers, Society for Economic Dynamics Downloads View citations (38)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (132)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (116)
  2. International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (31)
    Also in IMF Working Papers, International Monetary Fund (2007) Downloads View citations (27)

    See also Journal Article International evidence on fiscal solvency: Is fiscal policy "responsible"?, Journal of Monetary Economics, Elsevier (2008) Downloads View citations (203) (2008)
  3. On the Welfare Implications of Financial Globalization without Financial Development
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (58)
    See also Chapter On the Welfare Implications of Financial Globalization without Financial Development, NBER Chapters, National Bureau of Economic Research, Inc (2009) Downloads View citations (9) (2009)
  4. Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism: Working Paper 2007-10
    Working Papers, Congressional Budget Office Downloads View citations (27)
  5. Solving the Country Risk-Business Cycles Disconnect: Endogenous Output Collapse in a Model of Sovereign Default
    2007 Meeting Papers, Society for Economic Dynamics View citations (1)

2006

  1. Are Asset Price Guarantees Useful for Preventing Sudden Stops?A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff
    IMF Working Papers, International Monetary Fund Downloads View citations (38)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) Downloads View citations (5)

    See also Journal Article Are asset price guarantees useful for preventing Sudden Stops?: A quantitative investigation of the globalization hazard-moral hazard tradeoff, Journal of International Economics, Elsevier (2006) Downloads View citations (42) (2006)
  2. Endogenous Sudden Stops in a Business Cycle Model with Collateral Constraints:A Fisherian Deflation of Tobin's Q
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (93)
  3. Fiscal Policy and Macroeconomic Uncertainty in Developing Countries: The Tale of the Tormented Insurer
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (91)
  4. Fiscal Policy and Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer
    2006 Meeting Papers, Society for Economic Dynamics Downloads View citations (10)
  5. Lessons From the Debt-Deflation Theory of Sudden Stops
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (61)
    See also Journal Article Lessons from the Debt-Deflation Theory of Sudden Stops, American Economic Review, American Economic Association (2006) Downloads View citations (59) (2006)
  6. Public Debt, Fiscal Solvency, and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico
    Staff General Research Papers Archive, Iowa State University, Department of Economics Downloads View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) Downloads View citations (38)

    See also Journal Article Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America The Cases of Brazil, Colombia, Costa Rica and Mexico, Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía (2009) Downloads View citations (12) (2009)
  7. Real Exchange Rate Volatility and the Price of Nontradables in Sudden-Stop-Prone Economies
    IMF Working Papers, International Monetary Fund Downloads View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) Downloads View citations (90)

2005

  1. Sudden Stops in an Equilibrium Business Cycle Model with Credit Constraints: A Fisherian Deflation of Tobin's Q
    2005 Meeting Papers, Society for Economic Dynamics Downloads View citations (25)

2004

  1. Public Debt, Fiscal Solvency & Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer
    2004 Meeting Papers, Society for Economic Dynamics View citations (9)
  2. Public Debt, Fiscal Solvency, and Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (12)
  3. Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2004) Downloads View citations (1)

    See also Journal Article Putting the brakes on Sudden Stops: the financial frictions - moral hazard tradeoff of asset price guarantees, Proceedings, Federal Reserve Bank of San Francisco (2004) Downloads (2004)
  4. Quantitative Implication of A Debt-Deflation Theory of Sudden Stops and Asset Prices
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    See also Journal Article Quantitative implications of a debt-deflation theory of Sudden Stops and asset prices, Journal of International Economics, Elsevier (2006) Downloads View citations (161) (2006)
  5. Winners and Losers of Tax Competition in the European Union
    Working Papers, Research Seminar in International Economics, University of Michigan Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) Downloads View citations (4)

2003

  1. A Quantitative Analysis of Tax Competition v. Tax Coordination under Perfect Capital Mobility
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2003) Downloads View citations (16)

2002

  1. Credit Frictions and "Sudden Stop" in Small Open Economies: An Equilibrium Business Cycle Framework for Emerging Markets Crises
    IDB Publications (Working Papers), Inter-American Development Bank Downloads View citations (17)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2002) Downloads View citations (74)
    NBER Working Papers, National Bureau of Economic Research, Inc (2002) Downloads View citations (86)
  2. Fricciones crediticias y 'paradas repentinas' en pequeñas economías abiertas: un marco de equilibrio del ciclo económico para crisis en mercados emergentes
    Research Department Publications, Inter-American Development Bank, Research Department Downloads
  3. Margin Calls, Trading Costs, and Asset Prices in Emerging Markets: The Finanical Mechanics of the 'Sudden Stop' Phenomenon
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (83)
  4. Why Should Emerging Economies Give Up National Currencies? A Case for Institutions Substitution
    Research Department Publications, Inter-American Development Bank, Research Department Downloads View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) Downloads View citations (17)
    IDB Publications (Working Papers), Inter-American Development Bank (2002) Downloads View citations (3)
  5. ¿Por qué deben las economías emergentes renunciar a su moneda nacional? El argumento a favor
    Research Department Publications, Inter-American Development Bank, Research Department Downloads

2001

  1. Credit, Prices, and Crashes: Business Cycles with a Sudden Stop
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (81)
    See also Chapter Credit, Prices, and Crashes: Business Cycles with a Sudden Stop, NBER Chapters, National Bureau of Economic Research, Inc (2002) Downloads View citations (168) (2002)
  2. The International Macroeconomics of Taxation and the Case Against European Tax Harmonization
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)

2000

  1. On the Benefits of Dollarization when Stabilization Policy Is Not Credible and Financial Markets are Imperfect
    Working Papers, Duke University, Department of Economics Downloads View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (18)
  2. On the Instability of Variance Decompositions of the Real Exchange Rate Across Exchange- Rate-Regimes: Evidence from Mexico and the United States
    Working Papers, Duke University, Department of Economics Downloads View citations (34)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (31)

1999

  1. Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (15)
  2. Regional Contagion and the Globalization of Securities Markets
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (17)
    See also Journal Article Rational contagion and the globalization of securities markets, Journal of International Economics, Elsevier (2000) Downloads View citations (464) (2000)
  3. The Business Cycles of Balance-of-Payment Crises: A Revision of Mundellan Framework
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)

1998

  1. Empirical Puzzles of Chilean Stabilization Policy
    Working Papers, Duke University, Department of Economics Downloads View citations (21)
  2. The business cycles of currency speculation: a revision of the Mundellian framework
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (4)

1997

  1. Rational Herd Behavior and the Globalization of Securities Markets
    Working Papers, Duke University, Department of Economics Downloads View citations (54)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1997) Downloads View citations (76)
  2. The Syndrome of Exchange-Rate-Based Stabilizations and the Uncertain Duration of Currency Pegs
    Working Papers, Duke University, Department of Economics Downloads View citations (9)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1996) Downloads View citations (19)
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1997) Downloads View citations (6)

1996

  1. Mexico's balance-of-payments crisis: a chronicle of death foretold
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (226)
    See also Journal Article Mexico's balance-of-payments crisis: a chronicle of a death foretold, Journal of International Economics, Elsevier (1996) Downloads View citations (214) (1996)
  2. On the Ineffectiveness of Tax Policy in Altering Long- Run Growth: Harberger's Superneutrality Conjecture
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (39)
    See also Journal Article On the ineffectiveness of tax policy in altering long-run growth: Harberger's superneutrality conjecture, Journal of Public Economics, Elsevier (1997) Downloads View citations (304) (1997)

1995

  1. Do Taxes Matter for Long-Run Growth? Harberger's Superneutrality Conjecture
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) Downloads View citations (3)
  2. Supply-Side Economics in a Global Economy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) Downloads View citations (14)

    See also Journal Article The International Ramifications of Tax Reforms: Supply-Side Economics in a Global Economy, American Economic Review, American Economic Association (1998) Downloads View citations (119) (1998)

1994

  1. Computing Effective Tax Rates on Factor Incomes and Consumption: An International Macroeconomic Perspective
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (3)
  2. Do Long-Run Productivity Differentials Explain Long-Run Real Exchange Rates?
    IMF Working Papers, International Monetary Fund Downloads View citations (14)
  3. Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (839)
    See also Journal Article Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption, Journal of Monetary Economics, Elsevier (1994) Downloads View citations (988) (1994)
  4. Terms-of-trade uncertainty and economic growth: are risk indicators significant in growth regressions?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (8)
  5. Trade Reforms of Uncertain Duration and Real Uncertainty: A First Approximation
    IMF Working Papers, International Monetary Fund Downloads View citations (15)
    See also Journal Article Trade Reforms of Uncertain Duration and Real Uncertainty: A First Approximation, IMF Staff Papers, Palgrave Macmillan (1994) Downloads View citations (15) (1994)

1993

  1. A Comparative Analysis of the Structure of Tax Systems in Industrial Countries
    IMF Working Papers, International Monetary Fund Downloads View citations (3)
  2. Supply-Side Economics in an Integrated World Economy
    IMF Working Papers, International Monetary Fund Downloads View citations (2)

1992

  1. A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies
    IMF Working Papers, International Monetary Fund Downloads View citations (1)
  2. Robustness of Macroeconomic Indicators of Capital Mobility
    IMF Working Papers, International Monetary Fund Downloads View citations (19)
  3. The Terms of Trade and Economic Fluctuations
    IMF Working Papers, International Monetary Fund Downloads View citations (14)

1991

  1. Efficient Arbitrage Under Financial Indexation: The Case of Chile
    IMF Working Papers, International Monetary Fund Downloads View citations (1)

1990

  1. The Macroeconomic Effects of Capital Controls and the Stabilization of the Balance of Trade
    IMF Working Papers, International Monetary Fund Downloads

1989

  1. A QUANTITATIVE INVESTIGATION OF THE MACROECONOMIC EFFECTS OF CAPITAL CONTROLS AND THE STABILIZATION OF BALANCE OF TRADE
    University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics Downloads View citations (1)
  2. BUSINESS CYCLES, ADJUSTMENT COSTS AN THE THEORY OF INVESTMENT IN SMALL OPEN ECONOMY
    University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics Downloads View citations (1)
  3. Real Business Cycles in a Small Open Economy: The Canadian Case
    University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics Downloads View citations (2)

Journal Articles

2021

  1. History remembered: Optimal sovereign default on domestic and external debt
    Journal of Monetary Economics, 2021, 117, (C), 969-989 Downloads View citations (6)
    See also Working Paper History Remembered: Optimal Sovereign Default on Domestic and External Debt, Working Papers (2019) Downloads View citations (1) (2019)

2020

  1. A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature
    Review of Economic Dynamics, 2020, 37 Supplement 1, S254-S283 Downloads View citations (21)
    See also Software Item Code and data files for "A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature", Computer Codes (2020) Downloads (2020)
    Working Paper A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature, NBER Working Papers (2020) Downloads View citations (21) (2020)
  2. Current Policy Challenges Facing Emerging Markets
    IMF Economic Review, 2020, 68, (3), 453-455 Downloads View citations (1)
  3. FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints
    Review of Economic Dynamics, 2020, 37, 81-102 Downloads View citations (11)
    See also Software Item Code and data files for "FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints", Computer Codes (2020) Downloads (2020)
    Working Paper FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints, NBER Working Papers (2019) Downloads View citations (5) (2019)

2019

  1. Positive and Normative Implications of Liability Dollarization for Sudden Stops Models of Macroprudential Policy
    IMF Economic Review, 2019, 67, (1), 174-214 Downloads View citations (17)
    See also Working Paper Positive and Normative Implications of Liability Dollarization for Sudden Stops Models of Macroprudential Policy, NBER Working Papers (2018) Downloads View citations (4) (2018)

2018

  1. Optimal Time-Consistent Macroprudential Policy
    Journal of Political Economy, 2018, 126, (2), 588 - 634 Downloads View citations (149)
    See also Working Paper Optimal Time-Consistent Macroprudential Policy, 2015 Meeting Papers (2015) Downloads View citations (15) (2015)

2017

  1. Optimal v. simple financial policy rules in a production economy with “liability dollarization
    Revista ESPE - Ensayos sobre Política Económica, 2017, 35, (82), 25-39 Downloads View citations (5)
    Also in Revista ESPE - Ensayos Sobre Política Económica, 2017, 35, (82), 25-39 (2017) Downloads View citations (3)
  2. Política macroprudencial: promesas y desafíos
    Journal Economía Chilena (The Chilean Economy), 2017, 20, (2), 042-088 Downloads
  3. The Public Debt Crisis of the United States
    Manchester School, 2017, 85, 1-32 Downloads

2016

  1. DISTRIBUTIONAL INCENTIVES IN AN EQUILIBRIUM MODEL OF DOMESTIC SOVEREIGN DEFAULT
    Journal of the European Economic Association, 2016, 14, (1), 7-44 Downloads View citations (26)
    Also in Journal of the European Economic Association, 2016, 14, (1), 7-44 (2016) Downloads View citations (20)

    See also Chapter Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default, NBER Chapters, 2013 (2013) View citations (17) (2013)
    Working Paper Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default, Working Papers (2016) Downloads View citations (25) (2016)
  2. Fundamentals news, global liquidity and macroprudential policy
    Journal of International Economics, 2016, 99, (S1), S2-S15 Downloads View citations (42)
    See also Chapter Fundamentals News, Global Liquidity, and Macroprudential Policy, NBER Chapters, 2016 (2016) View citations (46) (2016)
    Working Paper Fundamentals News, Global Liquidity and Macroprudential Policy*, PIER Working Paper Archive (2016) Downloads View citations (40) (2016)

2015

  1. EconomicDynamics Interviews Enrique Mendoza on Sovereign Debt
    EconomicDynamics Newsletter, 2015, 16, (1) Downloads

2014

  1. Financial innovation, the discovery of risk, and the U.S. credit crisis
    Journal of Monetary Economics, 2014, 62, (C), 1-22 Downloads View citations (73)
    See also Working Paper Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis, IMF Working Papers (2010) Downloads View citations (22) (2010)
  2. From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy
    Annual Review of Economics, 2014, 6, (1), 299-332 Downloads View citations (60)

2013

  1. Capital mobility and international sharing of cyclical risk
    Journal of Monetary Economics, 2013, 60, (1), 42-62 Downloads View citations (16)
    See also Working Paper Capital Mobility and International Sharing of Cyclical Risk, NBER Working Papers (2012) Downloads View citations (1) (2012)
  2. Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
    Economic Journal, 2013, F4-F30 Downloads View citations (325)
    See also Working Paper Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies, NBER Working Papers (2011) Downloads View citations (76) (2011)
  3. How big (small?) are fiscal multipliers?
    Journal of Monetary Economics, 2013, 60, (2), 239-254 Downloads View citations (619)
    See also Working Paper How Big (Small?) are Fiscal Multipliers?, IMF Working Papers (2011) Downloads View citations (89) (2011)
  4. Macroeconomic and Financial Stability in Emerging-market Countries: A Symposium
    International Economic Journal, 2013, 27, (2), 179-182 Downloads
  5. On the solvency of nations: Cross-country evidence on the dynamics of external adjustment
    Journal of International Money and Finance, 2013, 32, (C), 762-780 Downloads View citations (28)
    See also Working Paper On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment, NBER Working Papers (2012) Downloads View citations (4) (2012)
  6. The US Fiscal Crisis: The Debt Sustainability Delusion and the True Costs of Fiscal Austerity
    CESifo Forum, 2013, 14, (02), 25-31 Downloads View citations (1)

2012

  1. A General Equilibrium Model of Sovereign Default and Business Cycles
    The Quarterly Journal of Economics, 2012, 127, (2), 889-946 Downloads View citations (311)
    See also Working Paper A General Equilibrium Model of Sovereign Default and Business Cycles, NBER Working Papers (2011) Downloads View citations (38) (2011)
  2. An Anatomy of Credits Booms and their Demise
    Journal Economía Chilena (The Chilean Economy), 2012, 15, (2), 04-32 Downloads View citations (178)
    See also Working Paper Anatomy of credit booms and their demise, 2013 Meeting Papers (2013) Downloads (2013)
    Chapter An Anatomy of Credit Booms and their Demise, Central Banking, Analysis, and Economic Policies Book Series, 2014, 18, 165-204 (2014) Downloads View citations (23) (2014)
  3. Macroprudential Policy in a Fisherian Model of Financial Innovation
    IMF Economic Review, 2012, 60, (2), 223-269 Downloads View citations (41)
    See also Working Paper Macro-Prudential Policy in a Fisherian model of Financial Innovation, NBER Working Papers (2012) Downloads View citations (19) (2012)
  4. The Finnish Great Depression: From Russia with Love
    American Economic Review, 2012, 102, (4), 1619-44 Downloads View citations (82)
    See also Working Paper The Finnish Great Depression: From Russia with Love, IZA Discussion Papers (2009) Downloads View citations (18) (2009)

2010

  1. Financial globalization, financial crises and contagion
    Journal of Monetary Economics, 2010, 57, (1), 24-39 Downloads View citations (131)
    See also Working Paper Financial Globalization, Financial Crises and Contagion, 2010 Meeting Papers (2010) Downloads View citations (121) (2010)
  2. Overborrowing, financial crises and ‘macro-prudential’ taxes
    Proceedings, 2010, (Oct) Downloads View citations (60)
    See also Working Paper Overborrowing, Financial Crises and 'Macro-prudential' Taxes, NBER Working Papers (2010) Downloads View citations (89) (2010)
  3. Sudden Stops, Financial Crises, and Leverage
    American Economic Review, 2010, 100, (5), 1941-66 Downloads View citations (605)

2009

  1. Financial Integration, Financial Development, and Global Imbalances
    Journal of Political Economy, 2009, 117, (3), 371-416 Downloads View citations (325)
  2. New perspectives on financial globalization: A symposium for the Journal of Development Economics
    Journal of Development Economics, 2009, 89, (2), 163-163 Downloads
  3. Precautionary demand for foreign assets in Sudden Stop economies: An assessment of the New Mercantilism
    Journal of Development Economics, 2009, 89, (2), 194-209 Downloads View citations (205)
    See also Working Paper Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism, 2008 Meeting Papers (2008) Downloads View citations (11) (2008)
  4. Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America The Cases of Brazil, Colombia, Costa Rica and Mexico
    Economía Mexicana NUEVA ÉPOCA, 2009, XVIII, (2), 133-173 Downloads View citations (12)
    See also Working Paper Public Debt, Fiscal Solvency, and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico, Staff General Research Papers Archive (2006) Downloads View citations (20) (2006)

2008

  1. International evidence on fiscal solvency: Is fiscal policy "responsible"?
    Journal of Monetary Economics, 2008, 55, (6), 1081-1093 Downloads View citations (203)
    See also Working Paper International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"?, NBER Working Papers (2007) Downloads View citations (31) (2007)

2006

  1. "Emerging markets and macroeconomic volatility: Lessons from a decade of financial debacles", a symposium for the Journal of International Economics
    Journal of International Economics, 2006, 69, (1), 1-5 Downloads View citations (6)
  2. Are asset price guarantees useful for preventing Sudden Stops?: A quantitative investigation of the globalization hazard-moral hazard tradeoff
    Journal of International Economics, 2006, 69, (1), 84-119 Downloads View citations (42)
    See also Working Paper Are Asset Price Guarantees Useful for Preventing Sudden Stops?A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff, IMF Working Papers (2006) Downloads View citations (38) (2006)
  3. EconomicDynamics Interviews Enrique Mendoza on Financial Frictions, Sudden Stops and Global Imbalances
    EconomicDynamics Newsletter, 2006, 8, (1) Downloads
  4. Lessons from the Debt-Deflation Theory of Sudden Stops
    American Economic Review, 2006, 96, (2), 411-416 Downloads View citations (59)
    See also Working Paper Lessons From the Debt-Deflation Theory of Sudden Stops, NBER Working Papers (2006) Downloads View citations (61) (2006)
  5. Quantitative implications of a debt-deflation theory of Sudden Stops and asset prices
    Journal of International Economics, 2006, 70, (1), 82-114 Downloads View citations (161)
    See also Working Paper Quantitative Implication of A Debt-Deflation Theory of Sudden Stops and Asset Prices, NBER Working Papers (2004) Downloads View citations (33) (2004)

2005

  1. Real Exchange Rate Volatility and the Price of Nontradable Goods in Economies Prone to Sudden Stops
    Economía Journal, 2005, Volume 6 Number 1, (Fall 2005), 103-148 Downloads View citations (78)
  2. Why hasn't tax competition triggered a race to the bottom? Some quantitative lessons from the EU
    Journal of Monetary Economics, 2005, 52, (1), 163-204 Downloads View citations (119)

2004

  1. Introduction: macroeconomic implications of capital flows in a global economy
    Journal of Economic Theory, 2004, 119, (1), 1-5 Downloads
  2. Por qué las economías emergentes deberían renunciar a sus monedas nacionales. La dolarización como un caso de la "sustitución de instituciones"
    El Trimestre Económico, 2004, LXXI (1), (281), 7-41
  3. Putting the brakes on Sudden Stops: the financial frictions - moral hazard tradeoff of asset price guarantees
    Proceedings, 2004, (Jun) Downloads
    See also Working Paper Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees, NBER Working Papers (2004) Downloads View citations (2) (2004)

2001

  1. The Benefits of Dollarization When Stabilization Policy Lacks Credibility and Financial Markets Are Imperfect
    Journal of Money, Credit and Banking, 2001, 33, (2), 440-74 View citations (40)
    Also in Proceedings, 2001, 440-481 (2001) View citations (43)

2000

  1. Capital-Markets Crises and Economic Collapse in Emerging Markets: An Informational-Frictions Approach
    American Economic Review, 2000, 90, (2), 59-64 Downloads View citations (98)
  2. Devaluation risk and the business-cycle implications of exchange-rate management
    Carnegie-Rochester Conference Series on Public Policy, 2000, 53, (1), 239-296 Downloads View citations (65)
  3. Rational contagion and the globalization of securities markets
    Journal of International Economics, 2000, 51, (1), 79-113 Downloads View citations (464)
    See also Working Paper Regional Contagion and the Globalization of Securities Markets, NBER Working Papers (1999) Downloads View citations (17) (1999)

1998

  1. The International Ramifications of Tax Reforms: Supply-Side Economics in a Global Economy
    American Economic Review, 1998, 88, (1), 226-45 Downloads View citations (119)
    See also Working Paper Supply-Side Economics in a Global Economy, NBER Working Papers (1995) Downloads View citations (19) (1995)

1997

  1. Comment on "Short-Run Independence of Monetary Policy under Pegged Exchange Rates."
    Journal of Money, Credit and Banking, 1997, 29, (4), 807-10
  2. On the ineffectiveness of tax policy in altering long-run growth: Harberger's superneutrality conjecture
    Journal of Public Economics, 1997, 66, (1), 99-126 Downloads View citations (304)
    See also Working Paper On the Ineffectiveness of Tax Policy in Altering Long- Run Growth: Harberger's Superneutrality Conjecture, CEPR Discussion Papers (1996) Downloads View citations (39) (1996)
  3. Terms-of-trade uncertainty and economic growth
    Journal of Development Economics, 1997, 54, (2), 323-356 Downloads View citations (177)

1996

  1. Mexico's balance-of-payments crisis: a chronicle of a death foretold
    Journal of International Economics, 1996, 41, (3-4), 235-264 Downloads View citations (214)
    See also Working Paper Mexico's balance-of-payments crisis: a chronicle of death foretold, International Finance Discussion Papers (1996) Downloads View citations (226) (1996)
  2. Petty Crime and Cruel Punishment: Lessons from the Mexican Debacle
    American Economic Review, 1996, 86, (2), 170-75 Downloads View citations (49)

1995

  1. The Terms of Trade, the Real Exchange Rate, and Economic Fluctuations
    International Economic Review, 1995, 36, (1), 101-37 Downloads View citations (721)

1994

  1. Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption
    Journal of Monetary Economics, 1994, 34, (3), 297-323 Downloads View citations (988)
    See also Working Paper Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption, NBER Working Papers (1994) Downloads View citations (839) (1994)
  2. The Balassa-Samuelson Model: A General-Equilibrium Appraisal
    Review of International Economics, 1994, 2, (3), 244-67 View citations (132)
  3. Trade Reforms of Uncertain Duration and Real Uncertainty: A First Approximation
    IMF Staff Papers, 1994, 41, (4), 555-586 Downloads View citations (15)
    See also Working Paper Trade Reforms of Uncertain Duration and Real Uncertainty: A First Approximation, IMF Working Papers (1994) Downloads View citations (15) (1994)

1992

  1. Dynamic gains from North American free trade in an equilibrium model of the current account
    The North American Journal of Economics and Finance, 1992, 3, (2), 141-161 Downloads View citations (2)
  2. Fisherian Transmission and Efficient Arbitrage under Partial Financial Indexation: The Case of Chile
    IMF Staff Papers, 1992, 39, (1), 121-147 Downloads View citations (2)
  3. The Effects of Macroeconomic Shocks in a Basic Equilibrium Framework
    IMF Staff Papers, 1992, 39, (4), 855-889 Downloads View citations (35)

1991

  1. Capital Controls and the Gains from Trade in a Business Cycle Model of a Small Open Economy
    IMF Staff Papers, 1991, 38, (3), 480-505 Downloads View citations (38)
  2. Real Business Cycles in a Small Open Economy
    American Economic Review, 1991, 81, (4), 797-818 Downloads View citations (844)

Chapters

2018

  1. Macroprudential Policy: Promise and Challenges
    Chapter 07 in Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures, 2018, vol. 25, pp 225-277 Downloads View citations (2)
    See also Working Paper Macroprudential Policy: Promise and Challenges, National Bureau of Economic Research, Inc (2016) Downloads View citations (33) (2016)
  2. Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures – An Overview
    Chapter 01 in Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures, 2018, vol. 25, pp 001-008 Downloads View citations (3)

2016

  1. Fundamentals News, Global Liquidity, and Macroprudential Policy
    A chapter in NBER International Seminar on Macroeconomics 2015, 2016 View citations (46)
    See also Journal Article Fundamentals news, global liquidity and macroprudential policy, Elsevier (2016) Downloads View citations (42) (2016)
    Working Paper Fundamentals News, Global Liquidity and Macroprudential Policy*, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2016) Downloads View citations (40) (2016)
  2. What is a Sustainable Public Debt?
    Elsevier Downloads View citations (79)
    See also Working Paper What is a Sustainable Public Debt?, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2015) Downloads View citations (16) (2015)

2014

  1. An Anatomy of Credit Booms and their Demise
    Chapter 6 in Capital Mobility and Monetary Policy, 2014, vol. 18, pp 165-204 Downloads View citations (23)
    See also Working Paper Anatomy of credit booms and their demise, Society for Economic Dynamics (2013) Downloads (2013)
    Journal Article An Anatomy of Credits Booms and their Demise, Central Bank of Chile (2012) Downloads View citations (178) (2012)

2013

  1. Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default
    A chapter in Sovereign Debt and Financial Crises, 2013 View citations (17)
    See also Working Paper Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default, Federal Reserve Bank of Philadelphia (2016) Downloads View citations (25) (2016)
    Journal Article DISTRIBUTIONAL INCENTIVES IN AN EQUILIBRIUM MODEL OF DOMESTIC SOVEREIGN DEFAULT, European Economic Association (2016) Downloads View citations (26) (2016)

2011

  1. Optimal macroprudential regulation in a Fisherian model of financial crises
    A chapter in Macroprudential regulation and policy, 2011, vol. 60, pp 66-72 Downloads View citations (1)

2009

  1. Comment on "Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust"
    A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 395-400 Downloads
  2. On the Welfare Implications of Financial Globalization without Financial Development
    A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 283-312 Downloads View citations (9)
    See also Working Paper On the Welfare Implications of Financial Globalization without Financial Development, National Bureau of Economic Research, Inc (2007) Downloads View citations (58) (2007)

2002

  1. Credit, Prices, and Crashes: Business Cycles with a Sudden Stop
    A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 335-392 Downloads View citations (168)
    See also Working Paper Credit, Prices, and Crashes: Business Cycles with a Sudden Stop, National Bureau of Economic Research, Inc (2001) Downloads View citations (81) (2001)

2000

  1. Contagion, Globalization, and the Volatility of Capital Flows
    A chapter in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, 2000, pp 15-41 Downloads View citations (26)

Software Items

2020

  1. Code and data files for "A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) Downloads View citations (21) (2020)
  2. Code and data files for "FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) Downloads View citations (11) (2020)
 
Page updated 2024-04-15