Details about Linda L. Tesar

Homepage:	http://www-personal.umich.edu/~ltesar/
Workplace:	Economics Department, University of Michigan, (more information at EDIRC)

Access statistics for papers by Linda L. Tesar.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pte111

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Working Papers

2025

1. Should I Stay or Should I Go? The Response of Labor Migration to Economic Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

2. A North-South Model of Structural Change and Growth
   NBER Working Papers, National Bureau of Economic Research, Inc

2020

3. A Macroeconomic Model of Healthcare Saturation, Inequality and the Output-Pandemia Tradeoff
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2019

4. Regional Effects of Exchange Rate Fluctuations
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2018

5. Financial Constraints, Institutions, and Foreign Ownership
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
6. Quantifying the Benefits of Labor Mobility in a Currency Union
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)

2017

7. Austerity in the Aftermath of the Great Recession
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)

2015

8. Greek Budget Realities: No Easy Options
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2014

9. Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
   Also in Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (37)

2013

10. Fire-Sale FDI or Business as Usual?
    Staff Working Papers, Bank of Canada View citations (9)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (13)

2012

11. The Impact of Foreign Liabilities on Small Firms: Firm-Level Evidence from the Korean Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2011)

2010

12. The Collapse of International Trade During the 2008-2009 Crisis: In Search of the Smoking Gun
    2010 Meeting Papers, Society for Economic Dynamics View citations (274)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2009) View citations (167)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (329)
13. The Role of Financial Factors in the Trade Collapse: A Skeptic's View
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (13)

2009

14. The Finnish Great Depression: From Russia with Love
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (18)
    See also Journal Article The Finnish Great Depression: From Russia with Love, American Economic Review, American Economic Association (2012) View citations (90) (2012)

2008

15. The Finnish Depression: From Russia with love
    2008 Meeting Papers, Society for Economic Dynamics
16. Trade, Production Sharing, and the International Transmission of Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (203)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2004) View citations (6)
    2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (12)
    See also Journal Article Trade, production sharing, and the international transmission of business cycles, Journal of Monetary Economics, Elsevier (2008) View citations (198) (2008)

2005

17. A Re-Examination of the Border Effect
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2005) View citations (5)
18. Cross-Border Trading as a Mechanism for Implicit Capital Flight: ADRs and the Argentine Crisis
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (3)
    See also Journal Article Cross-border trading as a mechanism for implicit capital flight: ADRs and the Argentine crisis, Journal of Monetary Economics, Elsevier (2006) View citations (36) (2006)
19. International Borrowing and Macroeconomic Performance in Argentina
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2004) View citations (1)
    See also Chapter International Borrowing and Macroeconomic Performance in Argentina, NBER Chapters, National Bureau of Economic Research, Inc (2007) View citations (6) (2007)

2004

20. Acquiring Control in Emerging Markets: Evidence from the Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
21. Enhancing the Benefits for India and Other Developing Countries in the Doha Development Agenda Negotiations
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (1)
22. International Trade, Production Sharing, and the Transmission of Business Cycles
    2004 Meeting Papers, Society for Economic Dynamics View citations (6)
23. Winners and Losers of Tax Competition in the European Union
    Working Papers, Research Seminar in International Economics, University of Michigan
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (4)

2003

24. A Quantitative Analysis of Tax Competition v. Tax Coordination under Perfect Capital Mobility
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (11)

2002

25. Cross-Border Trading as a Mechanism for Capital Flight: ADRs and the Argentine Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan (2002) View citations (16)

2001

26. A Re-Examination of Exchange Rate Exposure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (78)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2001) View citations (75)
    See also Journal Article A Reexamination of Exchange-Rate Exposure, American Economic Review, American Economic Association (2001) View citations (49) (2001)
27. Exchange Rate Exposure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (115)
    See also Journal Article Exchange rate exposure, Journal of International Economics, Elsevier (2006) View citations (216) (2006)
28. Trade and Exposure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
    Also in Working Papers, Research Seminar in International Economics, University of Michigan (2000)
    See also Journal Article Trade and Exposure, American Economic Review, American Economic Association (2001) View citations (36) (2001)

1998

29. Multinationals and the Gains from International Diversification
    Working Papers, Research Seminar in International Economics, University of Michigan View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (5)
    See also Journal Article Multinationals and the Gains from International Diversification, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2004) View citations (61) (2004)

1997

30. The Internationalization of Securities Markets Since the 1987 Crash
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations (3)

1995

31. Supply-Side Economics in a Global Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1995) 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) View citations (122) (1998)

1994

32. Computing Effective Tax Rates on Factor Incomes and Consumption: An International Macroeconomic Perspective
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
33. 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 View citations (863)
    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) View citations (1008) (1994)
34. International Equity Transactions and U.S. Portfolio Choice
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
    See also Chapter International Equity Transactions and U.S. Portfolio Choice, NBER Chapters, National Bureau of Economic Research, Inc (1994) View citations (41) (1994)

1992

35. Home Bias and the High Turnover
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article Home bias and high turnover, Journal of International Money and Finance, Elsevier (1995) View citations (673) (1995)

1991

36. Tastes and technology in a two-country model of the business cycle: explaining international co-movements
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (50)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (204)
    See also Journal Article Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements, American Economic Review, American Economic Association (1995) View citations (919) (1995)

1988

37. SAVINGS, INVESTMENT AND INTERNATIONAL CAPITAL FLOWS
    Working Papers, Brookings Institution - Working Papers View citations (4)
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (1988) View citations (5)
    See also Journal Article Savings, investment and international capital flows, Journal of International Economics, Elsevier (1991) View citations (191) (1991)

Journal Articles

2012

1. Comment
   NBER International Seminar on Macroeconomics, 2012, 8, (1), 53 - 55
2. The Finnish Great Depression: From Russia with Love
   American Economic Review, 2012, 102, (4), 1619-44 View citations (90)
   See also Working Paper The Finnish Great Depression: From Russia with Love, NBER Working Papers (2009) View citations (15) (2009)

2011

3. The "Collapse in Quality" Hypothesis
   American Economic Review, 2011, 101, (3), 293-97 View citations (7)

2010

4. The Collapse of International Trade during the 2008–09 Crisis: In Search of the Smoking Gun
   IMF Economic Review, 2010, 58, (2), 214-253 View citations (277)
5. The Value of Control in Emerging Markets
   The Review of Financial Studies, 2010, 23, (4), 1741-1770 View citations (127)

2009

6. Border Effect or Country Effect? Seattle May Not Be So Far from Vancouver After All
   American Economic Journal: Macroeconomics, 2009, 1, (1), 219-41 View citations (112)

2008

7. Trade, production sharing, and the international transmission of business cycles
   Journal of Monetary Economics, 2008, 55, (4), 775-795 View citations (198)
   See also Working Paper Trade, Production Sharing, and the International Transmission of Business Cycles, NBER Working Papers (2008) View citations (203) (2008)

2006

8. Cross-border trading as a mechanism for implicit capital flight: ADRs and the Argentine crisis
   Journal of Monetary Economics, 2006, 53, (7), 1259-1295 View citations (36)
   See also Working Paper Cross-Border Trading as a Mechanism for Implicit Capital Flight: ADRs and the Argentine Crisis, Working Papers (2005) View citations (3) (2005)
9. Exchange rate exposure
   Journal of International Economics, 2006, 68, (1), 188-218 View citations (216)
   See also Working Paper Exchange Rate Exposure, NBER Working Papers (2001) View citations (115) (2001)

2005

10. 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 View citations (119)

2004

11. Multinationals and the Gains from International Diversification
    Review of Economic Dynamics, 2004, 7, (4), 789-826 View citations (61)
    See also Working Paper Multinationals and the Gains from International Diversification, Working Papers (1998) View citations (5) (1998)

2001

12. A Reexamination of Exchange-Rate Exposure
    American Economic Review, 2001, 91, (2), 396-399 View citations (49)
    See also Working Paper A Re-Examination of Exchange Rate Exposure, NBER Working Papers (2001) View citations (78) (2001)
13. Trade and Exposure
    American Economic Review, 2001, 91, (2), 367-370 View citations (36)
    See also Working Paper Trade and Exposure, NBER Working Papers (2001) View citations (37) (2001)

1998

14. The International Ramifications of Tax Reforms: Supply-Side Economics in a Global Economy
    American Economic Review, 1998, 88, (1), 226-45 View citations (122)
    See also Working Paper Supply-Side Economics in a Global Economy, NBER Working Papers (1995) View citations (19) (1995)

1996

15. U.S. Equity Investment in Foreign Markets: Portfolio Rebalancing or Return Chasing?
    American Economic Review, 1996, 86, (2), 77-81 View citations (307)
16. U.S. portfolio investment in Asian capital markets
    Proceedings, 1996, 43-72 View citations (3)

1995

17. Evaluating the gains from international risksharing
    Carnegie-Rochester Conference Series on Public Policy, 1995, 42, (1), 95-143 View citations (98)
18. Home bias and high turnover
    Journal of International Money and Finance, 1995, 14, (4), 467-492 View citations (673)
    See also Working Paper Home Bias and the High Turnover, NBER Working Papers (1992) View citations (13) (1992)
19. Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements
    American Economic Review, 1995, 85, (1), 168-85 View citations (919)
    See also Working Paper Tastes and technology in a two-country model of the business cycle: explaining international co-movements, Working Papers (Old Series) (1991) View citations (50) (1991)
20. U.S. Equity Investment in Emerging Stock Markets
    The World Bank Economic Review, 1995, 9, (1), 109-29 View citations (40)

1994

21. 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 View citations (1008)
    See also Working Paper Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption, NBER Working Papers (1994) View citations (863) (1994)

1993

22. International risk-sharing and non-traded goods
    Journal of International Economics, 1993, 35, (1-2), 69-89 View citations (124)

1991

23. Savings, investment and international capital flows
    Journal of International Economics, 1991, 31, (1-2), 55-78 View citations (191)
    See also Working Paper SAVINGS, INVESTMENT AND INTERNATIONAL CAPITAL FLOWS, Working Papers (1988) View citations (4) (1988)

Books

2021

1. NBER International Seminar on Macroeconomics 2020
   NBER Books, National Bureau of Economic Research, Inc

Chapters

2022

1. Comment on "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies" 2
   A chapter in NBER Macroeconomics Annual 2022, volume 37, 2022, pp 423-431

2011

2. Comment on "Long-Term Barriers to the International Diffusion of Innovations"
   A chapter in NBER International Seminar on Macroeconomics 2011, 2011, pp 53-55 View citations (1)

2008

3. Production Sharing and Business Cycle Synchronization in the Accession Countries
   A chapter in NBER International Seminar on Macroeconomics 2006, 2008, pp 195-238 View citations (5)

2007

4. International Borrowing and Macroeconomic Performance in Argentina
   A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, 2007, pp 297-348 View citations (6)
   See also Working Paper International Borrowing and Macroeconomic Performance in Argentina, National Bureau of Economic Research, Inc (2005) View citations (3) (2005)

1999

5. The Role of Equity Markets in International Capital Flows
   A chapter in International Capital Flows, 1999, pp 235-306 View citations (29)

1994

6. International Equity Transactions and U.S. Portfolio Choice
   A chapter in The Internationalization of Equity Markets, 1994, pp 185-227 View citations (41)
   See also Working Paper International Equity Transactions and U.S. Portfolio Choice, National Bureau of Economic Research, Inc (1994) View citations (53) (1994)