| Working Paper |
File Downloads |
Abstract Views |
| Last month |
3 months |
12 months |
Total |
Last month |
3 months |
12 months |
Total |
| A Global Perspective on External Positions |
0 |
1 |
2 |
8 |
1 |
5 |
20 |
54 |
| A Global Perspective on External Positions |
0 |
3 |
23 |
52 |
1 |
9 |
44 |
140 |
| A Global Perspective on External Positions |
1 |
1 |
6 |
41 |
1 |
5 |
23 |
119 |
| A Global Perspective on External Positions |
0 |
3 |
23 |
140 |
0 |
7 |
46 |
296 |
| A Global Perspective on External Positions |
0 |
7 |
22 |
184 |
3 |
12 |
46 |
359 |
| A Global Perspective on External Positions |
3 |
6 |
28 |
160 |
7 |
17 |
60 |
385 |
| A Global Perspective on External Positions |
0 |
0 |
11 |
14 |
1 |
4 |
27 |
39 |
| Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy |
0 |
4 |
30 |
88 |
4 |
15 |
75 |
261 |
| Asymmetric Shocks and Monetary Policy in a Currency Union |
1 |
4 |
32 |
290 |
2 |
9 |
46 |
537 |
| Business Cycles and Macroeconomic Policy in Emerging Market Economies |
1 |
2 |
19 |
270 |
4 |
12 |
59 |
748 |
| Capital Flows to Central and Eastern Europe |
1 |
5 |
33 |
107 |
5 |
17 |
78 |
210 |
| Capital Flows to Central and Eastern Europe |
2 |
7 |
33 |
106 |
9 |
25 |
82 |
197 |
| Currency Unions and Irish External Trade |
0 |
0 |
12 |
38 |
1 |
8 |
53 |
104 |
| Divergent Inflation Rates in EMU |
1 |
2 |
20 |
165 |
2 |
9 |
54 |
429 |
| Divergent Inflation Rates in EMU |
2 |
5 |
21 |
269 |
6 |
20 |
74 |
645 |
| Do International Investment Income Flows Smooth Income? |
0 |
6 |
17 |
106 |
5 |
19 |
91 |
536 |
| Dynamic General Equilibrium Analysis: The Open Economy Dimension |
3 |
5 |
23 |
201 |
5 |
10 |
43 |
385 |
| Dynamic General Equilibrium Analysis: The Open Economy Dimension |
3 |
6 |
29 |
245 |
10 |
16 |
72 |
359 |
| Dynamic General Equilibrium Analysis: The Open Economy Dimension |
0 |
3 |
20 |
280 |
0 |
7 |
48 |
610 |
| EMU and Financial Market Integration |
4 |
22 |
54 |
54 |
7 |
30 |
42 |
42 |
| Europe and Global Imbalances |
2 |
7 |
84 |
105 |
3 |
11 |
122 |
128 |
| Europe and Global Imbalances |
0 |
1 |
38 |
45 |
1 |
8 |
55 |
55 |
| Exchange Rates and External Adjustment: Does Financial Globalization Matter? |
3 |
10 |
64 |
241 |
8 |
23 |
132 |
439 |
| Exchange Rates and Inflation Under EMU: An Update |
2 |
5 |
15 |
130 |
8 |
24 |
65 |
302 |
| Exchange Rates and Inflation under EMU: An Update |
2 |
3 |
15 |
135 |
4 |
7 |
34 |
224 |
| Exchange Rates and Monetary Policy in Emerging Market Economies |
5 |
12 |
64 |
561 |
9 |
28 |
134 |
1,227 |
| Exchange Rates and Monetary Policy in Emerging Market Economies |
1 |
7 |
21 |
197 |
4 |
16 |
52 |
439 |
| Exchange Rates and Monetary Policy in Emerging Market Economies |
2 |
8 |
27 |
31 |
9 |
22 |
70 |
84 |
| Exchange Rates and Monetary Policy in Emerging Market Economies |
4 |
7 |
25 |
344 |
10 |
28 |
74 |
774 |
| External Capital Structure-Theory and Evidence |
0 |
0 |
0 |
281 |
4 |
17 |
86 |
969 |
| External Capital Structure: Theory and Evidence |
3 |
10 |
46 |
410 |
11 |
35 |
140 |
1,462 |
| External Imbalances and the Extensive Margin of Trade Abstract: We quantify the role of the extensive margin in the recent trade dynamics of selected countries that are running large and persistent trade imbalances. We find that the role of the extensive margin is quite substantial, although it varies in significance across the countries in the sample. Finally, we highlight differences in behaviour between the fixed-varieties and varieties-adjusted terms of trade |
2 |
2 |
2 |
2 |
5 |
5 |
5 |
5 |
| External Wealth of Nations |
2 |
5 |
41 |
437 |
4 |
12 |
109 |
990 |
| External Wealth, the Trade Balance and the Real Exchange Rate |
0 |
3 |
18 |
239 |
2 |
10 |
49 |
648 |
| External Wealth, the Trade Balance, and the Real Exchange Rate |
1 |
1 |
15 |
179 |
1 |
8 |
50 |
301 |
| External Wealth, the Trade Balance, and the Real Exchange Rate |
0 |
0 |
10 |
108 |
3 |
6 |
41 |
391 |
| External Wealth, the Trade Balance, and the Real Exchange Rate |
1 |
8 |
45 |
380 |
10 |
31 |
170 |
1,000 |
| External Wealth, the Trade Balance, and the Real Exchange Rate |
1 |
3 |
19 |
210 |
2 |
6 |
44 |
549 |
| External Wealth, the Trade Balance, and the Real Exchange Rate |
1 |
2 |
26 |
205 |
3 |
10 |
56 |
570 |
| Financial Exchange Rates and International Currency Exposures |
0 |
4 |
47 |
53 |
1 |
11 |
108 |
117 |
| Financial Exchange Rates and International Currency Exposures |
2 |
2 |
32 |
40 |
12 |
22 |
72 |
74 |
| Financial Exchange Rates and International Currency Exposures |
0 |
1 |
14 |
18 |
1 |
8 |
92 |
100 |
| Financial Globalisation and Exchange Rates |
1 |
2 |
35 |
225 |
2 |
10 |
105 |
453 |
| Financial Globalization and Exchange Rates |
3 |
4 |
30 |
176 |
4 |
11 |
76 |
370 |
| Financial Globalization and Exchange Rates |
0 |
3 |
23 |
178 |
4 |
18 |
63 |
403 |
| Financial Globalization and Exchange Rates |
0 |
0 |
18 |
230 |
3 |
7 |
85 |
558 |
| Global Bond Portfolios and EMU |
0 |
0 |
6 |
35 |
4 |
9 |
32 |
95 |
| Global Bond Portfolios and EMU |
1 |
1 |
5 |
12 |
2 |
10 |
43 |
83 |
| Global bond portfolios and EMU |
0 |
0 |
6 |
78 |
1 |
13 |
40 |
235 |
| International Diversification and the Irish Economy |
1 |
2 |
11 |
88 |
4 |
11 |
35 |
429 |
| International Financial Integration |
4 |
7 |
32 |
331 |
6 |
15 |
80 |
687 |
| International Financial Integration |
1 |
2 |
32 |
232 |
2 |
9 |
75 |
460 |
| International Financial Integration |
0 |
3 |
27 |
381 |
2 |
19 |
86 |
779 |
| International Financial Integration* |
11 |
23 |
108 |
259 |
21 |
47 |
241 |
585 |
| International Investment Patterns |
1 |
3 |
23 |
125 |
5 |
14 |
65 |
263 |
| International Investment Patterns |
2 |
10 |
44 |
284 |
9 |
39 |
138 |
677 |
| International Investment Patterns |
5 |
9 |
33 |
144 |
10 |
20 |
77 |
321 |
| International Investment Positions: A Cross-Sectional Analysis |
5 |
12 |
49 |
330 |
20 |
43 |
165 |
1,273 |
| Long-Term Capital Movements |
3 |
3 |
17 |
109 |
4 |
7 |
34 |
263 |
| Long-Term Capital Movements |
1 |
3 |
8 |
126 |
2 |
8 |
22 |
341 |
| Long-Term Capital Movements |
3 |
8 |
39 |
239 |
7 |
15 |
84 |
610 |
| Long-Term Capital Movements |
1 |
2 |
13 |
166 |
2 |
14 |
65 |
534 |
| Long-Term Capital Movements |
0 |
2 |
5 |
171 |
4 |
12 |
27 |
476 |
| Monetary-Fiscal Interactions in an Uncertain World: Lessons for European Policymakers |
1 |
2 |
9 |
91 |
3 |
6 |
29 |
182 |
| Monetary-Fiscal Interactions in an Uncertain World: Lessons for European Policymakers |
0 |
0 |
4 |
72 |
2 |
10 |
31 |
174 |
| North-South Lending with Moral Hazard and Repudiation Risk |
2 |
4 |
11 |
86 |
3 |
9 |
27 |
232 |
| Pegging To The Dollar And The Euro |
0 |
1 |
13 |
390 |
2 |
15 |
85 |
1,753 |
| Power Concentration and Growth |
0 |
0 |
0 |
1 |
6 |
12 |
43 |
385 |
| Profitability, Fiscal Policy, and Exchange Rate Regimes |
3 |
9 |
20 |
152 |
7 |
20 |
103 |
824 |
| Profits and Wages in Ireland, 1987-1996 |
0 |
4 |
29 |
166 |
7 |
18 |
96 |
680 |
| THE EXTERNAL WEALTH OF NATIONS: Measures of Foreign Assets and Liabilities For Industrial and Developing Countries |
3 |
9 |
50 |
189 |
3 |
21 |
108 |
433 |
| THE EXTERNAL WEALTH OF NATIONS: Measures of Foreign Assets and Liabilities For Industrial and Developing Countries |
3 |
7 |
39 |
77 |
9 |
23 |
101 |
179 |
| The Composition of Government Spending and the Real Exchange Rate |
8 |
29 |
29 |
29 |
20 |
63 |
63 |
63 |
| The Composition of Government Spending and the Real Exchange Rate |
4 |
8 |
8 |
8 |
7 |
15 |
15 |
15 |
| The Cyclical Behaviour of Fiscal Policy: Evidence from the OECD |
7 |
13 |
57 |
421 |
13 |
25 |
109 |
688 |
| The Drivers of Financial Globalization |
16 |
36 |
200 |
200 |
32 |
113 |
395 |
395 |
| The Empirics of Foreign Reserves |
0 |
10 |
25 |
215 |
6 |
26 |
60 |
678 |
| The Empirics of Foreign Reserves |
1 |
8 |
17 |
189 |
6 |
25 |
57 |
635 |
| The Euro and Financial Integration |
2 |
15 |
62 |
167 |
7 |
24 |
110 |
293 |
| The External Wealth of Nations - Measures of Foreign Assets and Liabilities for Industrial and Developing Countries |
0 |
0 |
0 |
171 |
3 |
11 |
61 |
516 |
| The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970-2004 |
5 |
11 |
33 |
163 |
9 |
25 |
111 |
406 |
| The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970-2004 |
8 |
18 |
80 |
182 |
15 |
37 |
149 |
333 |
| The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities,1970–2004 |
11 |
32 |
135 |
406 |
19 |
54 |
233 |
614 |
| The External Wealth of Nations: Measures of Foreign Assets and Liabilities for Industrial and Developing Countries |
2 |
4 |
28 |
391 |
8 |
23 |
105 |
948 |
| The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes |
3 |
3 |
16 |
128 |
3 |
13 |
47 |
427 |
| The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes |
3 |
7 |
28 |
194 |
16 |
38 |
155 |
939 |
| The International Community and the CIS-7 |
0 |
1 |
2 |
25 |
1 |
7 |
11 |
76 |
| The International Community and the CIS-7 |
1 |
1 |
3 |
16 |
2 |
3 |
16 |
86 |
| The International Equity Holdings of Euro Area Investors |
0 |
2 |
20 |
84 |
3 |
28 |
116 |
281 |
| The International Financial Integration of China and India |
3 |
6 |
44 |
182 |
10 |
24 |
126 |
418 |
| The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets |
7 |
20 |
20 |
20 |
16 |
34 |
35 |
35 |
| The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets Abstract: Recently, there have been numerous advances in modelling optimal international portfolio allocations in macroeconomic models. A major focus of this literature has been on the role of currency movements in determining portfolio returns that may hedge various macroeconomic shocks. However, there is little empirical evidence on the foreign currency exposures that are embedded in international balance sheets. Using a new database, we provide stylized facts concerning the cross-country and time-series variation in aggregate foreign currency exposure and its various subcomponents. In panel estimation, we find that richer, more open economies take longer foreign-currency positions. In addition, we find that an increase in the propensity for a currency to depreciate during bad times is associated with a longer position in foreign currencies, providing a hedge against domestic output fluctuations. We view these new stylized facts as informative in their own right and also potentially useful to the burgeoning theoretical literature on the macroeconomics of international portfolios |
4 |
8 |
8 |
8 |
8 |
23 |
24 |
24 |
| The Macroeconomics of International Financial Trade |
2 |
2 |
18 |
155 |
3 |
16 |
95 |
356 |
| The Macroeconomics of International Financial Trade |
2 |
3 |
12 |
147 |
4 |
8 |
30 |
308 |
| The National Pensions Reserve Fund: Pitfalls and Opportunities |
1 |
4 |
16 |
131 |
4 |
16 |
77 |
622 |
| The New Open Economy Macroeconomics: A Survey |
25 |
95 |
366 |
1,987 |
39 |
150 |
556 |
3,447 |
| The New Open Economy Macroeconomics: a Survey |
7 |
20 |
79 |
620 |
12 |
38 |
148 |
1,257 |
| The Real Effects of EMU |
1 |
7 |
62 |
211 |
7 |
20 |
147 |
437 |
| The Real Effects of EMU |
0 |
1 |
21 |
134 |
5 |
12 |
68 |
300 |
| The Shifting Composition of External Liabilities |
6 |
11 |
60 |
157 |
8 |
29 |
119 |
291 |
| The Swedish External Position and the Krona |
2 |
5 |
13 |
30 |
4 |
18 |
75 |
158 |
| The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates |
3 |
6 |
34 |
39 |
7 |
19 |
79 |
93 |
| The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates |
0 |
0 |
0 |
235 |
0 |
5 |
46 |
510 |
| The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates |
4 |
10 |
55 |
271 |
10 |
37 |
172 |
802 |
| The international financial integration of China and India |
4 |
15 |
78 |
171 |
9 |
32 |
149 |
305 |
| Understanding Bilateral Exchange Rate Volatility |
1 |
4 |
26 |
126 |
4 |
17 |
91 |
445 |
| Understanding Bilateral Exchange Rate Volatility |
3 |
9 |
34 |
133 |
16 |
50 |
163 |
620 |
| Understanding Bilateral Exchange Rate Volatility |
2 |
3 |
27 |
296 |
17 |
46 |
226 |
906 |
| Voracity and Growth |
2 |
6 |
16 |
158 |
3 |
12 |
43 |
753 |
| Voracity and Growth |
2 |
5 |
12 |
133 |
2 |
8 |
25 |
367 |
| Voracity and Growth |
2 |
5 |
23 |
121 |
3 |
7 |
40 |
473 |
| What Determines the Nominal Exchange Rate? Some Cross-Sectional Evidence |
2 |
3 |
16 |
147 |
5 |
11 |
68 |
502 |
| Where Did All The Borrowing Go? A Forensic Analysis of the U.S. External Position |
1 |
8 |
50 |
50 |
4 |
19 |
76 |
76 |
| Where Did All The Borrowing Go? A Forensic Analysis of the U.S. External Position |
0 |
0 |
2 |
2 |
0 |
5 |
18 |
18 |
| Where Did All the Borrowing Go? A Forensic Analysis of the U.S. External Position |
4 |
13 |
36 |
36 |
9 |
29 |
75 |
75 |
| Why Aren't Savings Rates in Latin America Procyclical? |
1 |
2 |
5 |
73 |
1 |
2 |
17 |
419 |
| Why Aren't Savings Rates in Latin America Procyclical? |
0 |
0 |
0 |
0 |
1 |
4 |
12 |
421 |
| Why Aren't Savings Rates in Latin America Procyclical? |
0 |
0 |
0 |
0 |
6 |
15 |
38 |
343 |
| Will the Euro Trigger More Monetary Unions in Africa? |
0 |
0 |
0 |
1 |
2 |
5 |
36 |
305 |
| Will the Euro trigger more monetary unions in Africa? |
2 |
4 |
13 |
219 |
2 |
9 |
46 |
747 |
| Total Working Papers |
275 |
801 |
3,754 |
21,294 |
740 |
2,339 |
9,837 |
55,266 |
| Journal Article |
File Downloads |
Abstract Views |
| Last month |
3 months |
12 months |
Total |
Last month |
3 months |
12 months |
Total |
| Are windfalls a curse?: A non-representative agent model of the current account |
1 |
1 |
13 |
41 |
1 |
2 |
28 |
106 |
| Asymmetric Shocks and Monetary Policy in a Currency Union |
1 |
3 |
30 |
177 |
1 |
9 |
118 |
549 |
| Business Cycles and Macroeconomic Policy in Emerging Market Economies |
0 |
1 |
10 |
87 |
0 |
4 |
28 |
222 |
| Capital flows to central and Eastern Europe |
1 |
2 |
19 |
35 |
3 |
9 |
45 |
78 |
| Comment on: Net foreign assets and the exchange rate: Redux revived |
1 |
1 |
2 |
22 |
1 |
1 |
7 |
66 |
| Divergent inflation rates in EMU |
3 |
6 |
26 |
225 |
6 |
15 |
74 |
585 |
| Do international investment income flows smooth income? |
0 |
3 |
9 |
9 |
1 |
5 |
23 |
23 |
| Does deposit insurance stimulate capital inflows? |
1 |
1 |
2 |
10 |
1 |
1 |
6 |
44 |
| Empirical Perspectives on Long-Term External Debt |
1 |
6 |
22 |
110 |
3 |
15 |
50 |
233 |
| Europe and global imbalances |
4 |
5 |
18 |
20 |
6 |
9 |
52 |
57 |
| Evolution of the external account under international capital market frictions |
0 |
0 |
3 |
8 |
0 |
2 |
11 |
54 |
| Exchange Rates and Monetary Policy in Emerging Market Economies |
6 |
18 |
63 |
204 |
12 |
35 |
131 |
414 |
| External wealth, the trade balance, and the real exchange rate |
4 |
6 |
27 |
123 |
8 |
13 |
57 |
282 |
| Financial Globalisation and the Irish Economy |
1 |
1 |
1 |
1 |
1 |
2 |
2 |
2 |
| Global Bond Portfolios and EMU |
0 |
1 |
13 |
24 |
0 |
6 |
36 |
79 |
| Harry Huizinga and Lars Jonung, The Internationalization of Asset Ownership in Europe, Cambridge University Press (2005) |
3 |
4 |
10 |
15 |
4 |
9 |
35 |
46 |
| Inflation in open economies |
5 |
10 |
41 |
189 |
5 |
13 |
55 |
262 |
| International Diversification and the Irish Economy |
0 |
1 |
1 |
1 |
2 |
4 |
4 |
4 |
| International Investment Patterns |
6 |
7 |
7 |
7 |
11 |
14 |
14 |
14 |
| International Trade and Economic Convergence: The Credit Channel |
0 |
0 |
0 |
2 |
0 |
4 |
22 |
233 |
| International investment positions: a cross-sectional analysis |
1 |
2 |
9 |
105 |
1 |
5 |
35 |
494 |
| Long-Run Determinants of the Irish Real Exchange Rate |
0 |
7 |
11 |
43 |
0 |
8 |
26 |
150 |
| North-South Lending with Moral Hazard and Repudiation Risk |
0 |
0 |
0 |
0 |
3 |
4 |
8 |
102 |
| Pegging to the Dollar and the Euro |
0 |
0 |
6 |
68 |
4 |
9 |
49 |
427 |
| Power, Growth, and the Voracity Effect |
0 |
0 |
0 |
0 |
13 |
37 |
135 |
609 |
| Stabilization policy in a currency union |
0 |
0 |
2 |
17 |
0 |
1 |
6 |
34 |
| The Empirics of Foreign Reserves |
1 |
4 |
15 |
19 |
4 |
10 |
44 |
49 |
| The Evolving Role of China and India in the Global Financial System |
1 |
7 |
26 |
35 |
7 |
23 |
82 |
104 |
| The Real Effects of European Monetary Union |
0 |
0 |
0 |
3 |
8 |
34 |
211 |
344 |
| The Shifting Composition of External Liabilities |
2 |
3 |
24 |
35 |
7 |
20 |
74 |
109 |
| The Swedish external position and the krona |
1 |
1 |
2 |
2 |
1 |
8 |
17 |
17 |
| The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates |
5 |
11 |
61 |
276 |
14 |
29 |
141 |
660 |
| The Voracity Effect |
5 |
8 |
65 |
502 |
10 |
20 |
156 |
1,224 |
| The cyclical behaviour of fiscal policy: evidence from the OECD |
0 |
2 |
15 |
90 |
0 |
2 |
38 |
194 |
| The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970-2004 |
19 |
52 |
94 |
94 |
49 |
129 |
227 |
227 |
| The external wealth of nations: measures of foreign assets and liabilities for industrial and developing countries |
6 |
22 |
92 |
390 |
14 |
40 |
194 |
807 |
| The importance of composition of fiscal policy: evidence from different exchange rate regimes |
0 |
0 |
4 |
42 |
1 |
4 |
36 |
187 |
| The international financial integration of China and India |
6 |
18 |
126 |
318 |
26 |
76 |
361 |
788 |
| The new open economy macroeconomics: a survey |
6 |
24 |
124 |
847 |
12 |
46 |
220 |
1,391 |
| The trade balance and fiscal policy in the OECD |
1 |
4 |
17 |
67 |
4 |
10 |
47 |
160 |
| Understanding bilateral exchange rate volatility |
1 |
2 |
12 |
85 |
6 |
15 |
53 |
277 |
| What Determines the Nominal Exchange Rate? Some Cross Sectional Evidence |
1 |
2 |
10 |
318 |
3 |
8 |
39 |
1,529 |
| Why aren't savings rates in Latin America procyclical? |
1 |
2 |
6 |
21 |
2 |
4 |
14 |
63 |
| Total Journal Articles |
95 |
248 |
1,038 |
4,687 |
255 |
714 |
3,011 |
13,299 |