Details about Rogelio V. Mercado, Jr.

Access statistics for papers by Rogelio V. Mercado, Jr..

Last updated 2025-07-07. Update your information in the RePEc Author Service.

Short-id: pme645

Working Papers

2024

1. Multi-Sector Bond Funds: New Evidence on Global and Domestic Drivers and Effectiveness of Capital Account Measures
   Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2024)

2023

2. The Currency Composition of Asia's International Investments
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
3. Trends and Drivers of Income Inequality in the Philippines, Thailand, and Viet Nam: A Decomposition Analysis
   ADB Economics Working Paper Series, Asian Development Bank View citations (2)
4. US Dollar Dominance in Asia's Trade Invoicing
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre (2022)

2022

5. Taming the "Capital Flows-Credit Nexus": A Sectoral Approach
   Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
   Also in Economic Papers, Trinity College Dublin, Economics Department (2021)
   See also Journal Article Taming the “Capital Flows-Credit Nexus”: A Sectoral Approach, Open Economies Review, Springer (2025) (2025)
6. The Currency Composition of Asia’s International Investments
   Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
7. Which Financial Inclusion Indicators and Dimensions Matter for Income Inequality? A Bayesian Model Averaging Approach
   Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2022)
   See also Journal Article Which financial inclusion indicators and dimensions matter for income inequality? A Bayesian model averaging approach, Empirical Economics, Springer (2024) (2024)

2021

8. Analysing sectoral capital flows: Covariates, co-movements, and controls
   OECD Working Papers on International Investment, OECD Publishing View citations (6)
9. Concentration in Asia s Cross-border Banking: Determinants and Impacts
   Economic Papers, Trinity College Dublin, Economics Department
   Also in ADB Economics Working Paper Series, Asian Development Bank (2021)
   See also Journal Article Concentration in Asia's cross‐border banking: Determinants and impacts, Pacific Economic Review, Wiley Blackwell (2023) (2023)
10. Understanding Financial Inclusion: What Matters and How It Matters
    ADBI Working Papers, Asian Development Bank Institute

2020

11. Sectoral Capital Flows: Covariates, Co-movements, and Controls
    Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre View citations (1)
    See also Journal Article Sectoral capital flows: Covariates, co-movements, and controls, Journal of International Financial Markets, Institutions and Money, Elsevier (2021) View citations (5) (2021)

2019

12. Financial Flows Centrality: Empirical Evidence using Bilateral Capital Flows
    Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
    Also in Economic Papers, Trinity College Dublin, Economics Department (2019)
    See also Journal Article Financial flows centrality: Empirical evidence using bilateral capital flows, Journal of International Financial Markets, Institutions and Money, Elsevier (2020) View citations (4) (2020)
13. The Currency Composition of International Portfolio Assets
    Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
    Also in Economic Papers, Trinity College Dublin, Economics Department (2017) View citations (3)
    See also Journal Article The currency composition of international portfolio assets, Journal of International Money and Finance, Elsevier (2020) View citations (4) (2020)

2018

14. Bilateral Capital Flows: Gravity, Push, and Pull
    Economic Papers, Trinity College Dublin, Economics Department View citations (1)
    Also in Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre (2018) View citations (1)
    See also Journal Article Bilateral capital flows: Gravity, push and pull, International Finance, Wiley Blackwell (2023) View citations (2) (2023)
    Chapter Bilateral capital flows: gravity, push, and pull, IFC Bulletins chapters, Bank for International Settlements (2020) View citations (2) (2020)
15. Bilateral Capital Flows: Transaction Patterns and Gravity
    Economic Papers, Trinity College Dublin, Economics Department View citations (4)
    Also in Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre (2018) View citations (2)
    See also Journal Article Bilateral capital flows: Transaction patterns and gravity, International Review of Economics & Finance, Elsevier (2023) View citations (2) (2023)
16. Financial Inclusion: New Measurement and Cross-Country Impact Assessment
    ADB Economics Working Paper Series, Asian Development Bank View citations (16)
    Also in Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre (2018) View citations (28)
17. Not All Surges of Gross Capital Inflows Are Alike
    Economic Papers, Trinity College Dublin, Economics Department View citations (13)
    See also Journal Article Not all surges of gross capital inflows are alike, Journal of Economic Studies, Emerald Group Publishing Limited (2018) View citations (7) (2018)

2017

18. Are Capital Inflows Expansionary or Contractionary in the Philippines?
    Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre
    Also in Economic Papers, Trinity College Dublin, Economics Department (2016)
    See also Journal Article Are capital inflows expansionary or contractionary in the Philippines?, Journal of Asian Economics, Elsevier (2020) (2020)
19. Economic Convergence, Capital Accumulation, and Income Traps: Empirical Evidence
    Economic Papers, Trinity College Dublin, Economics Department
    See also Journal Article Economic Convergence, Capital Accumulation, and Income Traps: Empirical Evidence, Review of Income and Wealth, International Association for Research in Income and Wealth (2020) View citations (2) (2020)

2016

20. Domestic Factors and Episodes of Gross Capital Inflows
    Economic Papers, Trinity College Dublin, Economics Department
    See also Journal Article Capital flow transitions: Domestic factors and episodes of gross capital inflows, Emerging Markets Review, Elsevier (2019) View citations (7) (2019)
21. The Holders and Issuers of International Portfolio Securities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
    Also in Economic Papers, Trinity College Dublin, Economics Department (2016) View citations (40)
    See also Chapter The Holders and Issuers of International Portfolio Securities, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (4) (2015)
    Journal Article The holders and issuers of international portfolio securities, Journal of the Japanese and International Economies, Elsevier (2016) View citations (39) (2016)

2015

22. Financial Inclusion, Poverty, and Income Inequality in Developing Asia
    ADB Economics Working Paper Series, Asian Development Bank View citations (103)
23. Price Discovery and Foreign Participation in Korea's Government Bond Cash and Futures Markets
    Working Papers, Economic Research Institute, Bank of Korea View citations (4)
    Also in ADB Economics Working Paper Series, Asian Development Bank (2015) View citations (3)

2014

24. Equity Home Bias, Financial Integration, and Regulatory Reforms: Implications for Emerging Asia
    Working Papers on Regional Economic Integration, Asian Development Bank View citations (7)
    See also Chapter Equity home bias, financial integration, and regulatory reforms: implications for emerging Asia, Chapters, Edward Elgar Publishing (2014) View citations (5) (2014)

2013

25. Determinants of Financial Stress in Emerging Market Economies
    ADB Economics Working Paper Series, Asian Development Bank View citations (10)
    See also Journal Article Determinants of financial stress in emerging market economies, Journal of Banking & Finance, Elsevier (2014) View citations (71) (2014)

2011

26. What Drives Different Types of Capital Flows and Their Volatilities in Developing Asia?
    Working Papers on Regional Economic Integration, Asian Development Bank View citations (32)
    See also Journal Article What Drives Different Types of Capital Flows and their Volatilities in Developing Asia?, International Economic Journal, Taylor & Francis Journals (2011) View citations (31) (2011)

Journal Articles

2025

1. Taming the “Capital Flows-Credit Nexus”: A Sectoral Approach
   Open Economies Review, 2025, 36, (2), 373-429
   See also Working Paper Taming the "Capital Flows-Credit Nexus": A Sectoral Approach, Working Papers (2022) (2022)

2024

2. Trends and drivers of income inequality in the Philippines, Thailand, and Viet Nam since the early 2000s: A decomposition analysis
   Journal of Asian Economics, 2024, 94, (C)
3. Which financial inclusion indicators and dimensions matter for income inequality? A Bayesian model averaging approach
   Empirical Economics, 2024, 67, (2), 609-654
   See also Working Paper Which Financial Inclusion Indicators and Dimensions Matter for Income Inequality? A Bayesian Model Averaging Approach, Working Papers (2022) (2022)

2023

4. Bilateral capital flows: Gravity, push and pull
   International Finance, 2023, 26, (1), 36-63 View citations (2)
   See also Chapter Bilateral capital flows: gravity, push, and pull, IFC Bulletins chapters, 2020, 52 (2020) View citations (2) (2020)
   Working Paper Bilateral Capital Flows: Gravity, Push, and Pull, Economic Papers (2018) View citations (1) (2018)
5. Bilateral capital flows: Transaction patterns and gravity
   International Review of Economics & Finance, 2023, 84, (C), 39-54 View citations (2)
   See also Working Paper Bilateral Capital Flows: Transaction Patterns and Gravity, Economic Papers (2018) View citations (4) (2018)
6. Concentration in Asia's cross‐border banking: Determinants and impacts
   Pacific Economic Review, 2023, 28, (2), 267-292
   See also Working Paper Concentration in Asia s Cross-border Banking: Determinants and Impacts, Economic Papers (2021) (2021)

2021

7. Sectoral capital flows: Covariates, co-movements, and controls
   Journal of International Financial Markets, Institutions and Money, 2021, 75, (C) View citations (5)
   See also Working Paper Sectoral Capital Flows: Covariates, Co-movements, and Controls, Working Papers (2020) View citations (1) (2020)

2020

8. Are capital inflows expansionary or contractionary in the Philippines?
   Journal of Asian Economics, 2020, 67, (C)
   See also Working Paper Are Capital Inflows Expansionary or Contractionary in the Philippines?, Working Papers (2017) (2017)
9. Economic Convergence, Capital Accumulation, and Income Traps: Empirical Evidence
   Review of Income and Wealth, 2020, 66, (1), 26-58 View citations (2)
   See also Working Paper Economic Convergence, Capital Accumulation, and Income Traps: Empirical Evidence, Economic Papers (2017) (2017)
10. Financial flows centrality: Empirical evidence using bilateral capital flows
    Journal of International Financial Markets, Institutions and Money, 2020, 69, (C) View citations (4)
    See also Working Paper Financial Flows Centrality: Empirical Evidence using Bilateral Capital Flows, Working Papers (2019) (2019)
11. The currency composition of international portfolio assets
    Journal of International Money and Finance, 2020, 103, (C) View citations (4)
    See also Working Paper The Currency Composition of International Portfolio Assets, Working Papers (2019) (2019)

2019

12. Capital flow transitions: Domestic factors and episodes of gross capital inflows
    Emerging Markets Review, 2019, 38, (C), 251-264 View citations (7)
    See also Working Paper Domestic Factors and Episodes of Gross Capital Inflows, Economic Papers (2016) (2016)

2018

13. FINANCIAL INCLUSION, POVERTY, AND INCOME INEQUALITY
    The Singapore Economic Review (SER), 2018, 63, (01), 185-206 View citations (134)
14. Not all surges of gross capital inflows are alike
    Journal of Economic Studies, 2018, 45, (2), 326-347 View citations (7)
    See also Working Paper Not All Surges of Gross Capital Inflows Are Alike, Economic Papers (2018) View citations (13) (2018)

2017

15. Price Discovery and Foreign Participation in Korea's Government Bond Futures and Cash Markets
    Journal of Futures Markets, 2017, 37, (1), 23-51 View citations (2)

2016

16. The holders and issuers of international portfolio securities
    Journal of the Japanese and International Economies, 2016, 42, (C), 100-108 View citations (39)
    See also Working Paper The Holders and Issuers of International Portfolio Securities, NBER Working Papers (2016) View citations (40) (2016)
    Chapter The Holders and Issuers of International Portfolio Securities, NBER Chapters, 2015 (2015) View citations (4) (2015)

2014

17. Determinants of financial stress in emerging market economies
    Journal of Banking & Finance, 2014, 45, (C), 199-224 View citations (71)
    See also Working Paper Determinants of Financial Stress in Emerging Market Economies, ADB Economics Working Paper Series (2013) View citations (10) (2013)

2013

18. Emerging Asia Equity Home Bias and Financial Integration
    International Economic Journal, 2013, 27, (4), 497-524 View citations (3)

2011

19. What Drives Different Types of Capital Flows and their Volatilities in Developing Asia?
    International Economic Journal, 2011, 25, (4), 655-680 View citations (31)
    See also Working Paper What Drives Different Types of Capital Flows and Their Volatilities in Developing Asia?, Working Papers on Regional Economic Integration (2011) View citations (32) (2011)

Books

2019

1. Hyperinflation in Zimbabwe
   Springer Books, Springer

Chapters

2020

1. Bilateral capital flows: gravity, push, and pull
   A chapter in Bridging measurement challenges and analytical needs of external statistics: evolution or revolution?, 2020, vol. 52 View citations (2)
   See also Working Paper Bilateral Capital Flows: Gravity, Push, and Pull, Trinity College Dublin, Economics Department (2018) View citations (1) (2018)
   Journal Article Bilateral capital flows: Gravity, push and pull, Wiley Blackwell (2023) View citations (2) (2023)

2016

2. Does Financial Inclusion Reduce Poverty and Income Inequality in Developing Asia?
   Palgrave Macmillan View citations (11)

2015

3. The Holders and Issuers of International Portfolio Securities
   A chapter in International Finance in the Global Markets, 2015 View citations (4)
   See also Working Paper The Holders and Issuers of International Portfolio Securities, National Bureau of Economic Research, Inc (2016) View citations (40) (2016)
   Journal Article The holders and issuers of international portfolio securities, Elsevier (2016) View citations (39) (2016)

2014

4. Equity home bias, financial integration, and regulatory reforms: implications for emerging Asia
   Chapter 9 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 347-376 View citations (5)
   See also Working Paper Equity Home Bias, Financial Integration, and Regulatory Reforms: Implications for Emerging Asia, Asian Development Bank (2014) View citations (7) (2014)