Details about Shang-Jin Wei

E-mail:
Homepage:	http://www.nber.org/~wei
Postal address:	Columbia Business School, 619 Uris Hall, 3022 Broadway, New York, NY 10027
Workplace:	Fanhai International School of Finance, Fudan University, (more information at EDIRC) Graduate School of Business, Columbia University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Shang-Jin Wei.

Last updated 2021-10-13. Update your information in the RePEc Author Service.

Short-id: pwe20

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Working Papers

2022

1. Currency Carry Trade by Trucks: The Curious Case of China's Massive Imports from Itself
   NBER Working Papers, National Bureau of Economic Research, Inc
2. Is the American Soft Power a Casualty of the Trade War?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
3. On the Wedge Between the PPI and CPI Inflation Indicators
   Staff Working Papers, Bank of Canada

2021

4. Deadly Discrimination: Implications of "Missing Girls" for Workplace Safety
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article in Journal of Development Economics (2021)
5. FinTech as a Financial Liberator
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
6. Is Stock Index Membership for Sale?
   NBER Working Papers, National Bureau of Economic Research, Inc
7. The Welfare Cost of a Current Account Imbalance: A 'Clean' Channel
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. Tracing Value Added in the Presence of Foreign Direct Investment
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
9. Trade Reforms and Current Account Imbalances
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (16)
   See also Journal Article in Journal of International Economics (2021)

2020

10. A Liberalization Spillover: From Equities to Loans
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
11. International Equity and Debt Flows: Composition, Crisis, and Controls
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
12. Labor Market Institutions and the Effects of Financial Openness
    Research Working Paper, Federal Reserve Bank of Kansas City
13. Monetary Policy in an Era of Global Supply Chains
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article in Journal of International Economics (2020)
    Chapter (2019)
14. Natural Barriers and Policy Barriers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
15. The COVID-19 pandemic: a letter to G20 leaders
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (8)
16. The Welfare Cost of a Current Account Imbalance: A "Clean" Effect
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2019

17. Endogenous Corporate Leverage Response to a Safer Macro Environment: The Case of Foreign Exchange Reserve Accumulation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Journal of International Economics (2021)
18. Services Development and Comparative Advantage in Manufacturing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Policy Research Working Paper Series, The World Bank (2018) View citations (4)
    See also Journal Article in Journal of Development Economics (2020)

2018

19. Managing Financial Globalization: A Guide for Developing Countries Based on the Recent Literature
    ADBI Working Papers, Asian Development Bank Institute
20. Managing Financial Globalization: Insights from the Recent Literature
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Working Papers, eSocialSciences (2018) View citations (13)
21. Production Chains, Exchange Rate Shocks, and Firm Performance
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (3)
22. Quality of Public Governance and the Capital Structure of Nations and Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
23. Re-examining the Effects of Trading with China on Local Labor Markets: A Supply Chain Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
24. The Wedge of the Century: Understanding a Divergence between CPI and PPI Inflation Measures
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2017

25. Characterizing Global Value Chains: Production Length and Upstreamness
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
26. Characterizing Global and Regional Manufacturing Value Chains: Stable and Evolving Features
    Development Working Papers, Centro Studi Luca d'Agliano, University of Milano View citations (10)
27. Global value chains and effective exchange rates at the country-sector level
    BIS Working Papers, Bank for International Settlements View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (38)
    See also Journal Article in Journal of Money, Credit and Banking (2019)
28. Intrinsic Openness and Endogenous Institutional Quality
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
29. Measures of Participation in Global Value Chains and Global Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (83)
30. Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and What to Revive?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article in Journal of International Money and Finance (2017)
31. Sizing up Market Failures in Export Pioneering Activities
    NBER Working Papers, National Bureau of Economic Research, Inc
32. The Effects of Financial Development on Foreign Direct Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (73)
    Also in Policy Research Working Paper Series, The World Bank (2014) View citations (16)
    See also Journal Article in Journal of Development Economics (2017)

2016

33. From “Made in China” to “Innovated in China”: Necessity, Prospect, and Challenges
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of Economic Perspectives (2017)
34. International Transmissions of Monetary Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
35. International Transmissions of Monetary Shocks: Between a Trilemma and a Dilemma
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article in Journal of International Economics (2018)

2015

36. A Darwinian Perspective on “Exchange Rate Undervaluationâ€
    Working Papers, eSocialSciences
37. A Darwinian Perspective on “Exchange Rate Undervaluation”
    ADB Economics Working Paper Series, Asian Development Bank
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (8)
    See also Journal Article in European Economic Review (2016)
38. Measuring smile curves in global value chains
    IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO) View citations (25)
    See also Journal Article in Oxford Bulletin of Economics and Statistics (2020)
39. Re-examining the Middle Income Trap Hypothesis: What to Reject and What to Revive?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
    Also in ADB Economics Working Paper Series, Asian Development Bank (2015) View citations (13)
40. The Competitive Saving Motive: Concept, Evidence, and Implications
    ADB Economics Working Paper Series, Asian Development Bank View citations (2)
    See also Journal Article in Frontiers of Economics in China (2016)

2014

41. Assessing Market Failures in Export Pioneering Activities: A Structural Estimation Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
42. Credit conditions and foreign direct investment during the global financial crisis
    Policy Research Working Paper Series, The World Bank View citations (1)
43. One Fundamental and Two Taxes: When Does a Tobin Tax Reduce Financial Price Volatility?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in Journal of Financial Economics (2018)
44. The Diffusion of Corporate Governance to Emerging Markets: Evaluating Two Dimensions of Investor Heterogeneity
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Journal of International Money and Finance (2017)
45. The Economics of China: Successes and Challenges
    Working Papers, Cornell University, Department of Applied Economics and Management View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (4)

2013

46. A Theory of the Competitive Saving Motive
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    Also in Working Papers, Hong Kong Institute for Monetary Research (2013) View citations (30)
    See also Journal Article in Journal of International Economics (2013)
47. Quantifying International Production Sharing at the Bilateral and Sector Levels
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (165)
48. Roads and the Real Exchange Rate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
49. Trade Reforms and Current Account Imbalances: When Does the General Equilibrium Effect Overturn a Partial Equilibrium Intuition?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2012

50. Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (3)
    See also Journal Article in Journal of International Economics (2014)
51. On the connection between intra-temporal and intertemporal trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Chapter (2013)
52. Slow Pass-through Around the World: A New Import for Developing Countries?
    Scholarly Articles, Harvard Kennedy School of Government View citations (66)
    Also in CID Working Papers, Center for International Development at Harvard University (2005) View citations (95)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2005) View citations (200)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (190)
    See also Journal Article in Open Economies Review (2012)
53. Status Competition and Housing Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (49)
54. The Chinese Corporate Savings Puzzle: A Firm-Level Cross-Country Perspective
    Working Papers, Hong Kong Institute for Monetary Research View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (29)
    IMF Working Papers, International Monetary Fund (2010) View citations (24)
    See also Chapter (2012)
55. Tracing Value-Added and Double Counting in Gross Exports
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (32)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (33)
    See also Journal Article in American Economic Review (2014)
56. Trade liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (16)
    See also Journal Article in American Economic Review (2013)
57. When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (18)

2011

58. Firm Exports and Multinational Activity Under Credit Constraints
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (98)
    See also Journal Article in The Review of Economics and Statistics (2015)
59. From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Chapter (2011)
    Journal Article in Journal of International Economics (2012)
60. Give Credit where Credit is Due: Tracing Value Added in Global Production Chains
    Working Papers, Hong Kong Institute for Monetary Research View citations (42)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (265)
61. On the Connections between Intertemporal and Intra-temporal Trades
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
62. Sex Ratios, Entrepreneurship, and Economic Growth in the People's Republic of China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)

2010

63. A Sexually Unbalanced Model of Current Account Imbalances
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
64. Does a Leapfrogging Growth Strategy Raise Growth Rate? Some International Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Papers on Regional Economic Integration, Asian Development Bank (2010) View citations (6)
65. Domestic Institutions and the Bypass Effect of Financial Globalization
    Working Papers, Hong Kong Institute for Monetary Research View citations (83)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (22)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (28)
    See also Journal Article in American Economic Journal: Economic Policy (2010)
66. Microfinance and the Millennium Development Goals in Pakistan: Impact Assessment Using Propensity Score Matching
    Working Papers, eSocialSciences View citations (13)
67. The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
    Working Papers, Hong Kong Institute for Monetary Research View citations (39)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (34)
    IMF Working Papers, International Monetary Fund (2009) View citations (42)
    See also Journal Article in Review of Financial Studies (2011)
68. The Role of Intermediaries in Facilitating Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    See also Journal Article in Journal of International Economics (2011)

2009

69. A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
    Working Papers, Hong Kong Institute for Monetary Research View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (46)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (53)
70. A World Factory in Global Production Chains: Estimating Imported Value Added in Chinese Exports
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
71. Corruption and Cross-Border Investment in Emerging Markets: Firm-Level Evidence
    Working Papers, Hong Kong Institute for Monetary Research View citations (143)
    See also Journal Article in Journal of International Money and Finance (2009)
72. Financial Globalization and Economic Policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (34)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (30)
    See also Chapter (2010)
73. Introduction to "China's Growing Role in World Trade"
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Chapter (2010)
74. The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (70)
    See also Journal Article in Journal of Political Economy (2011)
75. The Misfortune of Non-financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Chapter (2014)
76. The Value of Making Commitments Externally: Evidence from WTO Accessions
    Working Papers, Hong Kong Institute for Monetary Research View citations (63)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (3)
    See also Journal Article in Journal of International Economics (2009)
77. Value Chain in East Asia Production Network -An International Input-output Model Based Analysis
    EcoMod2009, EcoMod

2008

78. Book Review: Behavioural Therapy
    Working Papers, eSocialSciences
79. Current Account Adjustment: Some New Theory and Evidence
    2008 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (30)
80. Estimation of De Facto Exchange Rate Regimes: Synthesis of The Techniques for Inferring Flexibility and Basket Weights
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (93)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (91)
    CID Working Papers, Center for International Development at Harvard University (2008) View citations (85)
    See also Journal Article in IMF Staff Papers (2008)
81. How Does Corporate Governance Risk at Home Affect Investment Choices Abroad?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
82. How Much of Chinese Exports is Really Made In China? Assessing Domestic Value-Added When Processing Trade is Pervasive
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (242)
83. Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock?
    IMF Working Papers, International Monetary Fund View citations (45)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (49)
84. The Chinese Export Bundles - Patterns, Puzzles and Possible Explanations
    Macroeconomics Working Papers, East Asian Bureau of Economic Research
85. What Accounts for the Rising Sophistication of China's Exports?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
    See also Chapter (2010)
86. When Is Quality of Financial System a Source of Comparative Advantage?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article in Journal of International Economics (2011)

2007

87. Assessing China's Exchange Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (70)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (40)
    See also Journal Article in Economic Policy (2007)
88. Collateral Damage: Exchange Controls and International Trade
    IMF Working Papers, International Monetary Fund View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (18)
    See also Journal Article in Journal of International Money and Finance (2007)
89. Das (Wasted) Kapital: Firm Ownership and Investment Efficiency in China
    IMF Working Papers, International Monetary Fund View citations (191)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (170)
90. In Search of a Euro Effect: Big Lessons from a Big Mac Meal?
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Journal of International Money and Finance (2008)
91. Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (2)
    See also Journal Article in The Review of Economics and Statistics (2008)
92. The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article in American Economic Journal: Applied Economics (2009)

2006

93. A Solution to Two Paradoxes of International Capital Flows
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (79)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (81)
    IMF Working Papers, International Monetary Fund (2006) View citations (80)
    See also Journal Article in Economic and Political Studies (2014)
94. Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Journal of Development Economics (2010)
95. Financial Globalization: A Reappraisal
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (455)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (485)
    IMF Working Papers, International Monetary Fund (2006) View citations (505)
    See also Journal Article in IMF Staff Papers (2009)
96. Service Offshoring and Productivity: Evidence from the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (95)
97. Service Offshoring, Productivity and Employment: Evidence from the US
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (83)

2005

98. Endowment Versus Finance: A Wooden Barrel Theory of International Trade
    IMF Working Papers, International Monetary Fund View citations (30)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (31)
99. Monetary Policies for Developing Countries: The Role of Institutional Quality
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in Journal of International Economics (2006)
100. Pitfalls of a State-Dominated Financial System: The Case of China
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (119)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (10)
101. Service Offshoring, Productivity, and Employment: Evidence from the United States
     IMF Working Papers, International Monetary Fund View citations (67)
102. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
     IMF Working Papers, International Monetary Fund View citations (147)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (139)
     See also Chapter (2007)
103. The WTO Promotes Trade, Strongly But Unevenly
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
     Also in IMF Working Papers, International Monetary Fund (2003) View citations (62)
     NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (63)
     See also Journal Article in Journal of International Economics (2007)

2004

104. A New Look at Exchange Rate Volatility and Trade Flows
     IMF Occasional Papers, International Monetary Fund View citations (42)
105. A Price Based Approach To Estimate The Effects Of Monetary Arrangements On Trade Integration
     Development Working Papers, Centro Studi Luca d'Agliano, University of Milano
106. A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (6)
     See also Journal Article in Economic Journal (2007)
107. Can China Grow Faster? A Diagnosis of the Fragmentation of Its Domestic Capital Market
     IMF Working Papers, International Monetary Fund View citations (47)
108. Does Financial Globalization Induce Better Macroeconomic Policies?
     IMF Working Papers, International Monetary Fund View citations (89)
109. Fear of Outsourcing: Is It Justified?
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (65)
110. Fear of Service Outsourcing: Is It Justified?
     IMF Working Papers, International Monetary Fund View citations (78)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (62)
     See also Journal Article in Economic Policy (2005)
111. Financial Globalization, Growth and Volatility in Developing Countries
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (56)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (62)
     Working Paper, Harvard University OpenScholar View citations (96)
     See also Chapter (2007)
112. Managing Macroeconomic Crises
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
113. Transparency and International Portfolio Holdings
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
     See also Journal Article in Journal of Finance (2005)

2003

114. Does Insider Trading Raise Market Volatility?
     IMF Working Papers, International Monetary Fund View citations (5)
     Also in Working Papers, Hong Kong Institute for Monetary Research (2002)
     NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (6)
     See also Journal Article in Economic Journal (2004)
115. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence
     IMF Occasional Papers, International Monetary Fund View citations (479)
116. Monetary Policies for Developing Countries: The Role of Corruption
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
     Also in IMF Working Papers, International Monetary Fund (2003) View citations (7)
117. The Micro-foundations of Big Mac Real Exchange Rates
     CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (16)

2002

118. CURRENCY ARRANGEMENTS AND GOODS MARKET INTEGRATION: A PRICE BASED APPROACH
     International Finance, University Library of Munich, Germany View citations (19)
119. Corruption and Cross-Border Investment: Firm-Level Evidence
     William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (26)
120. Transparency and International Investor Behavior
     IMF Working Papers, International Monetary Fund View citations (73)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (76)

2001

121. Corruption and Composition of Foreign Direct Investment: Firm-Level Evidence
     CID Working Papers, Center for International Development at Harvard University View citations (9)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (100)
     Policy Research Working Paper Series, The World Bank (2000) View citations (109)
122. Corruption and Foreign Direct Investment: Firm-Level Evidence
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
123. Globalization and Inequality: Evidence from Within China
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (70)
124. Limiting Currency Volatility to Stimulate Goods Market Integration: A Price Based Approach
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
     Also in IMF Working Papers, International Monetary Fund (2001) View citations (60)
     CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (55)
125. Natural Openness and Good Government
     CID Working Papers, Center for International Development at Harvard University View citations (3)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (149)
     Policy Research Working Paper Series, The World Bank (2000) View citations (137)
126. Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
     Also in CID Working Papers, Center for International Development at Harvard University (2001) View citations (7)
     See also Chapter (2002)
127. Offshore Investment Funds: Monsters in Emerging Markets?
     CID Working Papers, Center for International Development at Harvard University View citations (2)
     Also in CID Working Papers, Center for International Development at Harvard University (2001) View citations (2)
     Working Papers, Hong Kong Institute for Monetary Research (2001) View citations (2)
     NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (3)
     See also Journal Article in Journal of Development Economics (2002)
128. Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (78)
     Also in Policy Research Working Paper Series, The World Bank (2001) View citations (97)
     NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (91)
     See also Journal Article in The B.E. Journal of Economic Analysis & Policy (2003)
129. Quality of Bureaucracy and Open-Economy Macro Policies
     CID Working Papers, Center for International Development at Harvard University
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (19)
130. Tax Rates and Tax Evasion: Evidence from "Missing Imports" in China
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (17)
     See also Journal Article in Journal of Political Economy (2004)
131. The quality of bureaucracy and capital account policies
     Policy Research Working Paper Series, The World Bank View citations (14)

2000

132. Corruption, composition of capital flows, and currency crises
     Policy Research Working Paper Series, The World Bank View citations (23)
133. Does 'Grease Money' Speed Up the Wheels of Commerce?
     IMF Working Papers, International Monetary Fund View citations (51)
     Also in Policy Research Working Paper Series, The World Bank (1999) View citations (107)
     MPRA Paper, University Library of Munich, Germany (1999) View citations (255)
     NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (208)
134. Explaining the Border Effect: The Role of Exchange Rate Variability, Shipping Costs, and Geography
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
     See also Journal Article in Journal of International Economics (2001)
135. Negative Alchemy?: Corruption and Composition of Capital Flows
     OECD Development Centre Working Papers, OECD Publishing View citations (8)

1999

136. Border, Border, Wide and Far, How We Wonder What You Are
     CID Working Papers, Center for International Development at Harvard University
     Also in Policy Research Working Paper Series, The World Bank (1999) View citations (1)
     CID Working Papers, Center for International Development at Harvard University (1999)
137. Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?
     Policy Research Working Paper Series, The World Bank View citations (41)
138. Does corruption relieve foreign investors of the burden of taxes and capital controls?
     Policy Research Working Paper Series, The World Bank View citations (22)
     See also Chapter (2000)
139. Foreign Portfolio Investors Before and During a Crisis
     Working Papers, Chicago - Graduate School of Business View citations (46)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (51)
     OECD Economics Department Working Papers, OECD Publishing (1999) View citations (50)
     CID Working Papers, Center for International Development at Harvard University (1999) View citations (48)
     CID Working Papers, Center for International Development at Harvard University (1999) View citations (42)
     See also Journal Article in Journal of International Economics (2002)
140. The Big Players in the Foreign Exchange Market: Do They Trade on Information or Noise?
     Working Papers, Chicago - Graduate School of Business View citations (6)
     Also in CID Working Papers, Center for International Development at Harvard University (1999) View citations (3)
     NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (37)
     CID Working Papers, Center for International Development at Harvard University (1999) View citations (3)

1998

141. Currency Hedging and Goods Trade
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
     See also Journal Article in European Economic Review (1999)
142. Open Regionalism in a World of Continental Trade Blocs
     IMF Working Papers, International Monetary Fund View citations (60)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (18)
     See also Journal Article in IMF Staff Papers (1998)

1997

143. "The Bigger They Are, The Harder They Fall": How Price Differences Across U.S. Cities Are Arbitraged
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
144. How Taxing is Corruption on International Investors?
     William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (105)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (103)
     See also Journal Article in The Review of Economics and Statistics (2000)
145. Why is Corruption So Much More Taxing Than Tax? Arbitrariness Kills
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (197)

1996

146. ASEAN in a Regional Perspective
     Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (25)
     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 (1996) View citations (25)
     Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics (1996) View citations (25)
     Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1996) View citations (27)
147. Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (346)
     See also Journal Article in The Quarterly Journal of Economics (1996)
148. Intra-National versus International Trade: How Stubborn are Nations in Global Integration?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (443)
149. Regional Trading Arrangement: Natural or Super-Natural?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
     Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics (1996) View citations (23)
     Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations (55)
     See also Journal Article in American Economic Review (1996)
150. Regional Trading Arrangements
     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 (80)

1995

151. European Integration and the Regionalization of World Trade and Currencies: The Economics and the Politics
     Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics View citations (23)
     Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations (25)
152. Purchasing Power Disparity During the Floating Rate Period: Exchange Rate Volatility, Trade Barriers and Other Culprits
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (160)
153. The new regionalism and Asia: impact and options
     Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (8)

1994

154. APEC and other regional economic arrangements in the Pacific
     Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
155. Anticipations of Foreign Exchange Volatility and Bid-Ask Spreads
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
     Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1991) View citations (2)
156. Insignificant and Inconsequential Hysteresis: The Case of the U.S. Bilateral Trade
     NBER Working Papers, National Bureau of Economic Research, Inc
     See also Journal Article in The Review of Economics and Statistics (1993)
157. Switching from import substitution to export promotion: a simple political economy model
     Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
158. Trading Blocs: The Natural, the Unnatural, and the Super-Natural
     Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics View citations (25)
     Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1994) View citations (24)

1993

159. Continental Trading Blocs: Are They Natural, or Super-Natural?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (52)
     See also Chapter (1998)
160. Emerging Currency Blocs
     Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics View citations (25)
     Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations (39)
     NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (134)
161. Is There a Currency Bloc in the Pacific?
     Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (22)
     Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California-Berkeley, Department of Economics (1993) View citations (29)
162. Love and hate: state and non-state firms in transition economies
     Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)
163. Open Door Policy and China's Rapid Growth: Evidence from City-level Data
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
     Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993) View citations (27)
     See also Chapter (1995)

1992

164. Yen Bloc or Dollar Bloc: Exchange Rate Policies of the East Asian Economies
     Working Papers, University of Birmingham - International Financial Group View citations (56)
     Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations (18)
     See also Chapter (1994)

1991

165. Are Option-Implied Forecasts of Exchange Rate Volatility Excessively Variable?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

Journal Articles

2021

1. Deadly discrimination: Implications of “missing girls” for workplace safety
   Journal of Development Economics, 2021, 152, (C) View citations (1)
   See also Working Paper (2021)
2. Endogenous corporate leverage response to a safer macro environment: The case of foreign exchange reserve accumulation
   Journal of International Economics, 2021, 132, (C) View citations (2)
   See also Working Paper (2019)
3. Firm productivity and functional specialisation
   The World Economy, 2021, 44, (5), 1232-1260 View citations (1)
4. On the market failure of “missing pioneers”
   Journal of Development Economics, 2021, 152, (C)
5. Trade reforms and current account imbalances
   Journal of International Economics, 2021, 131, (C) View citations (1)
   See also Working Paper (2021)

2020

6. Did Unconventional Interventions Unfreeze the Credit Market?
   American Economic Journal: Macroeconomics, 2020, 12, (2), 284-309 View citations (1)
7. Measuring Smile Curves in Global Value Chains
   Oxford Bulletin of Economics and Statistics, 2020, 82, (5), 988-1016 View citations (21)
   See also Working Paper (2015)
8. Monetary policy in an era of global supply chains
   Journal of International Economics, 2020, 124, (C) View citations (12)
   See also Working Paper (2020)
   Chapter (2019)
9. Services development and comparative advantage in manufacturing
   Journal of Development Economics, 2020, 144, (C) View citations (8)
   See also Working Paper (2019)

2019

10. Global Value Chains and Effective Exchange Rates at the Country‐Sector Level
    Journal of Money, Credit and Banking, 2019, 51, (S1), 7-42 View citations (10)
    See also Working Paper (2017)
11. Nonlinear Capital Flow Tax: Capital Flow Management and Financial Crisis Prevention in China
    China & World Economy, 2019, 27, (4), 1-28
12. Portfolio choices, Asset returns and wealth inequality: evidence from China
    Emerging Markets Review, 2019, 38, (C), 423-437 View citations (3)

2018

13. International transmissions of monetary shocks: Between a trilemma and a dilemma
    Journal of International Economics, 2018, 110, (C), 205-219 View citations (71)
    See also Working Paper (2016)
14. One fundamental and two taxes: When does a Tobin tax reduce financial price volatility?
    Journal of Financial Economics, 2018, 130, (3), 663-692 View citations (14)
    See also Working Paper (2014)

2017

15. Foreign Direct Investment and External Financing Conditions: Evidence from Normal and Crisis Times
    Scandinavian Journal of Economics, 2017, 119, (4), 1129-1166 View citations (6)
16. From "Made in China" to "Innovated in China": Necessity, Prospect, and Challenges
    Journal of Economic Perspectives, 2017, 31, (1), 49-70 View citations (34)
    See also Working Paper (2016)
17. Home ownership as status competition: Some theory and evidence
    Journal of Development Economics, 2017, 127, (C), 169-186 View citations (35)
18. Property Rights and CDS Spreads: When Is There a Strong Transfer Risk from the Sovereigns to the Corporates?
    Quarterly Journal of Finance (QJF), 2017, 07, (04), 1-36 View citations (5)
19. Re-examining the middle-income trap hypothesis (MITH): What to reject and what to revive?
    Journal of International Money and Finance, 2017, 73, (PA), 41-61 View citations (14)
    See also Working Paper (2017)
20. The diffusion of corporate governance to emerging markets: Evaluating two dimensions of investor heterogeneity
    Journal of International Money and Finance, 2017, 70, (C), 406-432 View citations (3)
    See also Working Paper (2014)
21. The effects of financial development on foreign direct investment
    Journal of Development Economics, 2017, 127, (C), 153-168 View citations (73)
    See also Working Paper (2017)

2016

22. A Darwinian perspective on “exchange rate undervaluation”
    European Economic Review, 2016, 83, (C), 111-138
    See also Working Paper (2015)
23. The Competitive Saving Motive: Concept, Evidence, and Implications
    Frontiers of Economics in China, 2016, 11, (3), 355-366 View citations (1)
    See also Working Paper (2015)

2015

24. Financial structure, corporate savings and current account imbalances
    Journal of International Money and Finance, 2015, 54, (C), 142-167 View citations (16)
25. Firm Exports and Multinational Activity Under Credit Constraints
    The Review of Economics and Statistics, 2015, 97, (3), 574-588 View citations (207)
    See also Working Paper (2011)
26. Impact Time Guidance Law Considering Autopilot Dynamics Based on Variable Coefficients Strategy for Maneuvering Target
    Mathematical Problems in Engineering, 2015, 2015, 1-10

2014

27. A Solution to Two Paradoxes of International Capital Flows
    Economic and Political Studies, 2014, 2, (1), 3-43 View citations (1)
    See also Working Paper (2006)
28. Does trade globalization induce or inhibit corporate transparency? Unbundling the growth potential and product market competition channels
    Journal of International Economics, 2014, 94, (2), 358-370 View citations (2)
    See also Working Paper (2012)
29. Financial Systems and Economic Outcomes: A Comparative Perspective
    Global Economic Review, 2014, 43, (4), 315-318 View citations (2)
30. Is economic rebalancing toward consumption “greener”? Evidence from visibility in China, 1984–2006
    Journal of Comparative Economics, 2014, 42, (4), 1021-1032 View citations (1)
31. Monthly Electric Energy Consumption Forecasting Using Multiwindow Moving Average and Hybrid Growth Models
    Journal of Applied Mathematics, 2014, 2014, 1-7
32. Policy Choices and Resilience to International Monetary Shocks
    Global Economic Review, 2014, 43, (4), 319-337 View citations (12)
33. Tracing Value-Added and Double Counting in Gross Exports
    American Economic Review, 2014, 104, (2), 459-94 View citations (564)
    See also Working Paper (2012)

2013

34. A Faith-Based Initiative Meets the Evidence: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
    The Review of Economics and Statistics, 2013, 95, (1), 168-184 View citations (92)
35. A theory of the competitive saving motive
    Journal of International Economics, 2013, 91, (2), 275-289 View citations (30)
    See also Working Paper (2013)
36. Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters
    American Economic Review, 2013, 103, (6), 2169-95 View citations (387)
    See also Working Paper (2012)

2012

37. Estimating domestic content in exports when processing trade is pervasive
    Journal of Development Economics, 2012, 99, (1), 178-189 View citations (225)
38. From the financial crisis to the real economy: Using firm-level data to identify transmission channels
    Journal of International Economics, 2012, 88, (2), 375-387 View citations (94)
    See also Chapter (2011)
    Working Paper (2011)
39. Slow Pass-through Around the World: A New Import for Developing Countries?
    Open Economies Review, 2012, 23, (2), 213-251 View citations (73)
    See also Working Paper (2012)

2011

40. Does corporate governance risk at home affect investment choices abroad?
    Journal of International Economics, 2011, 85, (1), 25-41 View citations (22)
41. The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
    Journal of Political Economy, 2011, 119, (3), 511 - 564 View citations (400)
    See also Working Paper (2009)
42. The Composition Matters: Capital Inflows and Liquidity Crunch During a Global Economic Crisis
    Review of Financial Studies, 2011, 24, (6), 2023-2052 View citations (128)
    See also Working Paper (2010)
43. The renminbi’s role in the global monetary system - commentary
    Proceedings, 2011, (Nov), 199-206
44. The role of intermediaries in facilitating trade
    Journal of International Economics, 2011, 84, (1), 73-85 View citations (361)
    See also Working Paper (2010)
45. When is quality of financial system a source of comparative advantage?
    Journal of International Economics, 2011, 84, (2), 178-187 View citations (85)
    See also Working Paper (2008)

2010

46. Do external interventions work? The case of trade reform conditions in IMF supported programs
    Journal of Development Economics, 2010, 92, (1), 71-81 View citations (12)
    See also Working Paper (2006)
47. Does the global fireman inadvertently add fuel to the fire? New evidence from institutional investors' response to IMF program announcements
    Journal of International Money and Finance, 2010, 29, (4), 728-741 View citations (7)
48. Domestic Institutions and the Bypass Effect of Financial Globalization
    American Economic Journal: Economic Policy, 2010, 2, (4), 173-204 View citations (84)
    See also Working Paper (2010)

2009

49. AN INTEGRATED DECISION SUPPORT FRAMEWORK FOR MACROECONOMIC POLICY MAKING BASED ON EARLY WARNING THEORIES
    International Journal of Information Technology & Decision Making (IJITDM), 2009, 08, (02), 335-359
50. Corruption and cross-border investment in emerging markets: Firm-level evidence
    Journal of International Money and Finance, 2009, 28, (4), 605-624 View citations (144)
    See also Working Paper (2009)
51. Financial Globalization: A Reappraisal
    IMF Staff Papers, 2009, 56, (1), 8-62 View citations (385)
    Also in Panoeconomicus, 2009, 56, (2), 143-197 (2009) View citations (385)
    See also Working Paper (2006)
52. Service Offshoring and Productivity: Evidence from the US
    The World Economy, 2009, 32, (2), 203-220 View citations (151)
53. The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
    American Economic Journal: Applied Economics, 2009, 1, (3), 82-96 View citations (61)
    See also Working Paper (2007)
54. The value of making commitments externally: Evidence from WTO accessions
    Journal of International Economics, 2009, 78, (2), 216-229 View citations (62)
    See also Working Paper (2009)

2008

55. Estimation of De Facto Exchange Rate Regimes: Synthesis of the Techniques for Inferring Flexibility and Basket Weights
    IMF Staff Papers, 2008, 55, (3), 384-416 View citations (84)
    See also Working Paper (2008)
56. In search of a euro effect: Big lessons from a Big Mac Meal?
    Journal of International Money and Finance, 2008, 27, (2), 260-276 View citations (25)
    See also Working Paper (2007)
57. Outsourcing Tariff Evasion: A New Explanation for Entrepôt Trade
    The Review of Economics and Statistics, 2008, 90, (3), 587-592 View citations (26)
    See also Working Paper (2007)

2007

58. A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates
    Economic Journal, 2007, 117, (523), 1336-1356 View citations (64)
    See also Working Paper (2004)
59. Assessing China's exchange rate regime
    (Working with the IMF to strengthen exchange rate surveillance)
    Economic Policy, 2007, 22, (51), 576-627 View citations (26)
    See also Working Paper (2007)
60. Collateral damage: Exchange controls and international trade
    Journal of International Money and Finance, 2007, 26, (5), 841-863 View citations (17)
    See also Working Paper (2007)
61. The WTO promotes trade, strongly but unevenly
    Journal of International Economics, 2007, 72, (1), 151-175 View citations (327)
    See also Working Paper (2005)

2006

62. Comments on: David Dollar and Aart Kraay, Neither a borrower nor a lender: Does China's zero net foreign asset position make economic sense?"
    Journal of Monetary Economics, 2006, 53, (5), 973-979
63. Connecting two views on financial globalization: Can we make further progress?
    Journal of the Japanese and International Economies, 2006, 20, (4), 459-481 View citations (54)
64. Monetary policies for developing countries: The role of institutional quality
    Journal of International Economics, 2006, 70, (1), 239-252 View citations (63)
    See also Working Paper (2005)

2005

65. Fear of service outsourcing: is it justified?
    (Location of vertically linked industries: agglomeration versus comparative advantage)
    Economic Policy, 2005, 20, (42), 308-347 View citations (201)
    See also Working Paper (2004)
66. Impact des barrières aux échanges sur la croissance économique. Le cas de la Chine
    Revue économique, 2005, 56, (3), 735-744 View citations (1)
67. Transparency and International Portfolio Holdings
    Journal of Finance, 2005, 60, (6), 2987-3020 View citations (253)
    See also Working Paper (2004)

2004

68. Does Insider Trading Raise Market Volatility?
    Economic Journal, 2004, 114, (498), 916-942 View citations (35)
    See also Working Paper (2003)
69. Tax Rates and Tax Evasion: Evidence from "Missing Imports" in China
    Journal of Political Economy, 2004, 112, (2), 471-500 View citations (364)
    See also Working Paper (2001)

2003

70. Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?
    The B.E. Journal of Economic Analysis & Policy, 2003, 3, (2), 1-34 View citations (31)
    See also Working Paper (2001)
71. Risk and Reward of Embracing Globalisation: The Governance Factor
    Journal of African Economies, 2003, 12, (Supplement 1), 73-119 View citations (4)

2002

72. "The bigger they are, the harder they fall": Retail price differences across U.S. cities
    Journal of International Economics, 2002, 56, (1), 21-53 View citations (89)
73. Foreign portfolio investors before and during a crisis
    Journal of International Economics, 2002, 56, (1), 77-96 View citations (157)
    See also Working Paper (1999)
74. Offshore investment funds: monsters in emerging markets?
    Journal of Development Economics, 2002, 68, (1), 205-224 View citations (27)
    See also Working Paper (2001)

2001

75. Domestic Crony Capitalism and International Fickle Capital: Is There a Connection?
    International Finance, 2001, 4, (1), 15-45 View citations (54)
76. Explaining the border effect: the role of exchange rate variability, shipping costs, and geography
    Journal of International Economics, 2001, 55, (1), 87-105 View citations (225)
    See also Working Paper (2000)

2000

77. How Taxing is Corruption on International Investors?
    The Review of Economics and Statistics, 2000, 82, (1), 1-11 View citations (970)
    See also Working Paper (1997)
78. Local Corruption and Global Capital Flows
    Brookings Papers on Economic Activity, 2000, 31, (2), 303-354 View citations (247)
79. The China money puzzle: will devaluation of the yuan help or hurt the Hong Kong dollar?
    China Economic Review, 2000, 11, (2), 171-188 View citations (17)

1999

80. Currency hedging and goods trade
    European Economic Review, 1999, 43, (7), 1371-1394 View citations (49)
    See also Working Paper (1998)
81. Offshore Investment Funds
    East Asian Economic Review, 1999, 3, (4), 3-33 View citations (1)

1998

82. Open Regionalism in a World of Continental Trade Blocs
    IMF Staff Papers, 1998, 45, (3), 440-453 View citations (60)
    See also Working Paper (1998)
83. To Shock or Not to Shock? Economics and Political Economy of Large‐Scale Reforms
    Economics and Politics, 1998, 10, (2), 161-183 View citations (7)
84. Two crises and two Chinas
    Japan and the World Economy, 1998, 10, (3), 359-369 View citations (2)

1997

85. Gradualism versus Big Bang: Speed and Sustainability of Reforms
    Canadian Journal of Economics, 1997, 30, (4), 1234-47 View citations (51)
86. The siamese twins: Do state-owned banks favor state-owned enterprises in China?
    China Economic Review, 1997, 8, (1), 19-29 View citations (47)

1996

87. Can regional blocs be a stepping stone to global free trade? a political economy analysis
    International Review of Economics & Finance, 1996, 5, (4), 339-347 View citations (15)
88. Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations
    The Quarterly Journal of Economics, 1996, 111, (4), 1211-1236 View citations (350)
    See also Working Paper (1996)
89. Regional Trading Arrangements: Natural or Supernatural
    American Economic Review, 1996, 86, (2), 52-56 View citations (84)
    See also Working Paper (1996)

1995

90. Attracting foreign direct investment: Has China reached its potential?
    China Economic Review, 1995, 6, (2), 187-199 View citations (23)
91. Trading blocs and the Americas: The natural, the unnatural, and the super-natural
    Journal of Development Economics, 1995, 47, (1), 61-95 View citations (337)

1994

92. A "Greater China" trade Bloc?
    China Economic Review, 1994, 5, (2), 179-190 View citations (17)

1993

93. A Pacific economic bloc: is there such an animal?
    FRBSF Economic Letter, 1993, (nov12) View citations (1)
94. Insignificant and Inconsequential Hysteresis: The Case of U.S. Bilateral Trade
    The Review of Economics and Statistics, 1993, 75, (4), 606-13 View citations (39)
    See also Working Paper (1994)

1991

95. Price volatility without news about fundamentals
    Economics Letters, 1991, 37, (4), 453-458 View citations (2)

Books

2013

1. Trade in Value Added: Developing New Measures of Cross-Border Trade
   World Bank Publications - Books, The World Bank Group View citations (20)

2010

2. China's Growing Role in World Trade
   NBER Books, National Bureau of Economic Research, Inc View citations (67)

Edited books

2014

1. The Oxford Companion to the Economics of China
   OUP Catalogue, Oxford University Press View citations (18)

2010

2. China's Growing Role in World Trade
   National Bureau of Economic Research Books, University of Chicago Press View citations (35)

2002

3. The Globalization of the Chinese Economy
   Books, Edward Elgar Publishing View citations (9)

Chapters

2021

1. Ten Keys in Beating Back COVID-19 and the Associated Economic Pandemic
   Chapter 14 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 97-103

2019

2. Monetary Policy in an Era of Global Supply Chains
   A chapter in NBER International Seminar on Macroeconomics 2019, 2019 View citations (6)
   See also Working Paper (2020)
   Journal Article in Journal of International Economics (2020)

2014

3. The Misfortune of Nonfinancial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks
   A chapter in Measuring Wealth and Financial Intermediation and Their Links to the Real Economy, 2014, pp 349-376 View citations (1)
   See also Working Paper (2009)

2013

4. On the Connections between Intra-temporal and Intertemporal Trades
   A chapter in NBER International Seminar on Macroeconomics 2013, 2013, pp 36-51 View citations (5)
   See also Working Paper (2012)

2012

5. The Chinese Corporate Savings Puzzle: A Firm-level Cross-Country Perspective
   A chapter in Capitalizing China, 2012, pp 283-308 View citations (14)
   See also Working Paper (2012)

2011

6. Financial Development and Growth: What Role Can Foreign Capital Play?
   Chapter 2 in Financial Inclusion, Innovation, And Investments Biotechnology and Capital Markets Working for the Poor, 2011, pp 29-40
7. From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels
   A chapter in Global Financial Crisis, 2011 View citations (21)
   See also Working Paper (2011)
   Journal Article in Journal of International Economics (2012)

2010

8. Financial Globalization and Economic Policies
   Elsevier View citations (75)
   See also Working Paper (2009)
9. Introduction to "China's Growing Role in World Trade"
   A chapter in China's Growing Role in World Trade, 2010, pp 1-31 View citations (30)
   See also Working Paper (2009)
10. Postscript to Financial Globalization and Economic Policies
    Elsevier View citations (20)
11. What Accounts for the Rising Sophistication of China's Exports?
    A chapter in China's Growing Role in World Trade, 2010, pp 63-104 View citations (51)
    See also Working Paper (2008)

2009

12. Does Service Offshoring Lead to Job Losses? Evidence from the United States
    A chapter in International Trade in Services and Intangibles in the Era of Globalization, 2009, pp 227-243 View citations (28)

2007

13. Financial Globalization, Growth and Volatility in Developing Countries
    A chapter in Globalization and Poverty, 2007, pp 457-516 View citations (58)
    See also Working Paper (2004)
14. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
    A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, 2007, pp 421-480 View citations (59)
    See also Working Paper (2005)

2002

15. A Globalizing China: An Introduction
    Chapter 1 in The Globalization of the Chinese Economy, 2002
16. China as a Window to the World: Trade Openness, Living Standards and Income Inequality
    A chapter in Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges, 2002 View citations (1)
17. Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
    A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 461-506 View citations (46)
    See also Working Paper (2001)

2000

18. Does Corruption Relieve Foreign Investors of the Burden of Taxes and Capital Controls?
    A chapter in International Taxation and Multinational Activity, 2000, pp 73-88 View citations (2)
    See also Working Paper (1999)
19. Why Does China Attract So Little Foreign Direct Investment?
    A chapter in The Role of Foreign Direct Investment in East Asian Economic Development, 2000, pp 239-265 View citations (13)

1998

20. Continental Trading Blocs: Are They Natural or Supernatural?
    A chapter in The Regionalization of the World Economy, 1998, pp 91-120 View citations (86)
    See also Working Paper (1993)
21. Regionalization of World Trade and Currencies: Economics and Politics
    A chapter in The Regionalization of the World Economy, 1998, pp 189-226 View citations (66)

1997

22. Open versus Closed Trade Blocs
    A chapter in Regionalism versus Multilateral Trade Arrangements, 1997, pp 119-140 View citations (13)

1996

23. Foreign Direct Investment in China: Sources and Consequences
    A chapter in Financial Deregulation and Integration in East Asia, 1996, pp 77-105 View citations (17)

1995

24. The Open Door Policy and China's Rapid Growth: Evidence from City-Level Data
    A chapter in Growth Theories in Light of the East Asian Experience, 1995, pp 73-104 View citations (19)
    See also Working Paper (1993)

1994

25. Yen Bloc or Dollar Bloc? Exchange Rate Policies of the East Asian Economies
    A chapter in Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, 1994, pp 295-333 View citations (234)
    See also Working Paper (1992)

Editor

1. Asian Development Review
   Asian Development Bank