Details about Jay C. Shambaugh

Access statistics for papers by Jay C. Shambaugh.

Last updated 2020-10-07. Update your information in the RePEc Author Service.

Short-id: psh497

Working Papers

2019

1. Trade Shocks and the Shifting Landscape of U.S. Manufacturing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2015

2. International Currency Exposures, Valuation Effects and the Global Financial Crisis
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (86)
   Also in Working Papers, The George Washington University, Institute for International Economic Policy (2015) View citations (86)
   NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (86)
   See also Chapter (2014)
   Journal Article in Journal of International Economics (2015)
3. Rounding the Corners of the Policy Trilemma: Sources of monetary policy autonomy
   Working Papers, The George Washington University, Institute for International Economic Policy View citations (107)
   Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2013) View citations (44)
   NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (46)
   See also Journal Article in American Economic Journal: Macroeconomics (2015)

2014

4. Adjustment in Euro Area Deficit Countries; Progress, Challenges, and Policies
   IMF Staff Discussion Notes, International Monetary Fund View citations (1)

2009

5. Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (86)
   See also Journal Article in American Economic Review (2009)
6. Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
   See also Journal Article in American Economic Journal: Economic Policy (2012)
   Chapter (2010)
7. The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
   Also in The Institute for International Integration Studies Discussion Paper Series, IIIS (2008) View citations (4)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (3)
   See also Journal Article in Journal of International Economics (2010)

2008

8. Financial Stability, the Trilemma, and International Reserves
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (32)
   See also Journal Article in American Economic Journal: Macroeconomics (2010)
9. Financial exchange rates and international currency exposures
   Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank
   Also in The Institute for International Integration Studies Discussion Paper Series, IIIS (2007) View citations (25)
   NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (30)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (24)
   See also Chapter (2007)
   Journal Article in American Economic Review (2010)

2007

10. The Impact of Foreign Interest Rates on the Economy: The Role of the Exchange Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in The Institute for International Integration Studies Discussion Paper Series, IIIS (2006) View citations (6)
    IMF Working Papers, International Monetary Fund (2006)
    See also Journal Article in Journal of International Economics (2008)

2006

11. The Nature of Exchange Rate Regimes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)

2004

12. Fixed Exchange Rates and Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    See also Journal Article in Journal of International Economics (2006)
13. Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period
    Center for International and Development Economics Research, Working Paper Series, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley View citations (55)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (60)
    International Finance, University Library of Munich, Germany (2004) View citations (61)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (60)
    See also Journal Article in IMF Staff Papers (2004)
14. The Trilemma in History: Trade-offs Among Exchange Rates, Monetary Policies and Capital Mobility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    Also in Center for International and Development Economics Research, Working Paper Series, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley (2004) View citations (25)
    DNB Staff Reports (discontinued), Netherlands Central Bank (2003) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (42)
    International Finance, University Library of Munich, Germany (2004) View citations (24)
    See also Journal Article in The Review of Economics and Statistics (2005)

Journal Articles

2016

1. The rise and fall of European current account deficits
   Economic Policy, 2016, 31, (85), 153-199 View citations (6)

2015

2. International currency exposures, valuation effects and the global financial crisis
   Journal of International Economics, 2015, 96, (S1), S98-S109 View citations (86)
   See also Chapter (2014)
   Working Paper (2015)
3. Rounding the Corners of the Policy Trilemma: Sources of Monetary Policy Autonomy
   American Economic Journal: Macroeconomics, 2015, 7, (4), 33-66 View citations (105)
   See also Working Paper (2015)

2012

4. Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
   American Economic Journal: Economic Policy, 2012, 4, (2), 95-114 View citations (10)
   See also Working Paper (2009)
   Chapter (2010)
5. The Euro's Three Crises
   Brookings Papers on Economic Activity, 2012, 43, (1 (Spring)), 157-231 View citations (61)

2010

6. Financial Exchange Rates and International Currency Exposures
   American Economic Review, 2010, 100, (1), 518-40 View citations (123)
   See also Chapter (2007)
   Working Paper (2008)
7. Financial Stability, the Trilemma, and International Reserves
   American Economic Journal: Macroeconomics, 2010, 2, (2), 57-94 View citations (158)
   See also Working Paper (2008)
8. The long or short of it: Determinants of foreign currency exposure in external balance sheets
   Journal of International Economics, 2010, 80, (1), 33-44 View citations (32)
   See also Working Paper (2009)

2009

9. Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008
   American Economic Review, 2009, 99, (2), 480-86 View citations (94)
   See also Working Paper (2009)

2008

10. A new look at pass-through
    Journal of International Money and Finance, 2008, 27, (4), 560-591 View citations (54)
11. Peter B. Kenen and Ellen E. Meade, Regional Monetary Integration, Cambridge University Press (2008)
    Journal of International Economics, 2008, 76, (1), 133-135
12. The dynamics of exchange rate regimes: Fixes, floats, and flips
    Journal of International Economics, 2008, 75, (1), 70-92 View citations (93)
13. The impact of foreign interest rates on the economy: The role of the exchange rate regime
    Journal of International Economics, 2008, 74, (2), 341-361 View citations (116)
    See also Working Paper (2007)

2006

14. An experiment with multiple currencies: the American monetary system from 1838-60
    Explorations in Economic History, 2006, 43, (4), 609-645 View citations (1)
15. Fixed exchange rates and trade
    Journal of International Economics, 2006, 70, (2), 359-383 View citations (87)
    See also Working Paper (2004)

2005

16. The Trilemma in History: Tradeoffs Among Exchange Rates, Monetary Policies, and Capital Mobility
    The Review of Economics and Statistics, 2005, 87, (3), 423-438 View citations (279)
    See also Working Paper (2004)

2004

17. Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period
    IMF Staff Papers, 2004, 51, (s1), 75-108 View citations (62)
    See also Working Paper (2004)
18. The Effect of Fixed Exchange Rates on Monetary Policy
    The Quarterly Journal of Economics, 2004, 119, (1), 301-352 View citations (287)

Books

2012

1. Exchange Rate Regimes in the Modern Era, vol 1
   MIT Press Books, The MIT Press View citations (8)
   Also in MIT Press Books, The MIT Press (2010) View citations (80)

Chapters

2014

1. International Currency Exposures, Valuation Effects, and the Global Financial Crisis
   A chapter in NBER International Seminar on Macroeconomics 2014, 2014, pp 98-109 View citations (2)
   See also Journal Article in Journal of International Economics (2015)
   Working Paper (2015)
2. Rethinking Exchange Rate Regimes after the Crisis
   Chapter 19 in What Have We Learned? Macroeconomic Policy After the Crisis, 2014, vol. 1, pp 229-244 View citations (1)

2010

3. Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
   A chapter in Trans-Atlantic Public Economics Seminar (TAPES), Fiscal Policy, 2010, pp 95-114
   See also Working Paper (2009)
   Journal Article in American Economic Journal: Economic Policy (2012)

2007

4. Financial exchange rates and international currency exposures
   A chapter in Research on global financial stability: the use of BIS international financial statistics, 2007, vol. 29, pp 90-127 View citations (27)
   See also Journal Article in American Economic Review (2010)
   Working Paper (2008)