Access Statistics for Michael Mercier Hutchison

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Cure Worse Than The Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 308 1 1 2 759
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 212 2 2 4 533
A cure worse than the disease? currency crises and the output costs of IMF-supported stabilization programs 0 0 0 6 0 0 1 123
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 619 1 1 2 1,722
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 1 2 2 3 559
Are all banking crises alike? The Japanese experience in international comparison 0 0 0 407 2 3 6 1,063
Asset price fluctuations in Japan: what role for monetary policy? 0 0 0 1 0 0 1 299
Asymmetries and state dependence: the impact of macro surprises on intraday exchange rates 0 1 1 66 3 4 7 211
Banking and Currency Crises: How Common Are The Twins? 0 0 2 99 1 8 12 286
Banking and Currency Crises: How Common Are Twins? 0 0 0 1,257 1 1 4 4,295
Banking and Currency Crises: How Common are Twins? 0 0 0 1 0 3 4 819
Banking and currency crises: how common are twins? 0 0 11 647 0 3 21 1,567
Capital Controls and Exchange Rate Instability in Developing Countries 0 0 0 0 0 1 2 493
Capital controls and exchange rate instability in developing economies 1 1 1 29 1 2 4 109
Central Bank Institutional Design and the Output Cost of Disinflation: Did the 1989 New Zealand Reserve Bank Act Affect the Inflation-Output Tradeoff? 0 0 0 0 0 0 0 366
Central bank institutional design and the output cost of disinflation: did the 1989 New Zealand Reserve Bank Act affect the output-inflation tradeoff? 0 0 0 0 2 2 6 375
Central bank secrecy and money surprises: international evidence 0 0 0 0 0 0 1 411
China’s Financial Linkages with Asia and the Global Financial Crisis 0 0 0 139 0 0 1 231
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 1 29 1 1 3 84
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 2 105 5 8 13 267
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 12 0 0 1 85
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 9 0 0 0 80
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 5 0 0 0 82
Currency Crises, Capital Account Liberalization, and Selection Bias 1 1 1 189 1 2 2 650
Currency crises 1 2 2 233 1 3 14 560
Currency crises, capital account liberalization, and selection bias 0 0 1 20 1 2 5 100
Do Both U.S. and Foreign Macro Surprises Matter for the Intraday Exchange Rate? Evidence from Japan 0 0 0 31 0 0 1 120
Do Sound Public Finances Require Fiscal Rules Or Is Market Pressure Enough? 0 0 0 36 0 0 1 119
Does exchange rate appreciation 'deindustrialize' the open economy? a critique of U.S. evidence 0 0 0 0 1 1 1 451
Dove or Hawk? characterizing monetary regime switches during financial liberalization in India 0 0 1 65 0 0 6 139
ECB Foreign Exchange Intervention and the Euro: Institutional Framework, News and Intervention 0 0 0 574 1 2 3 1,515
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 2 72 0 2 6 269
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 1 0 0 2 48
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 203 1 2 5 612
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 1 8 0 0 2 62
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 3 0 0 0 52
Effectiveness of official daily foreign exchange market intervention operations in Japan 0 0 1 9 1 1 2 62
Estimating a Monetary Policy Rule for India 0 0 0 153 0 1 4 344
Estimating a monetary policy rule for India 0 1 5 40 1 3 13 142
European Banking Distress and EMU: Institutional and Macroeconomic Risks 0 0 0 298 0 0 1 585
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 0 0 1 52
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 0 0 3 40
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 175 1 2 3 629
Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects 0 0 0 61 2 3 3 293
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 2 20 0 1 5 90
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 1 2 82 2 4 8 274
Exchange Rates, Non-Traded Goods and the Terms-of-Trade: An Empirical Application for New Zealand 0 0 0 0 2 2 2 431
Exchange rates, non-traded goods and the terms-of-trade: an empirical application for New Zealand 0 0 0 0 0 0 0 492
Fiscal and Monetary Policies and the Cost of Sudden Stops 0 0 0 145 0 1 4 533
Fiscal constraints and incentives with monetary coordination: implications for Europe 1992 0 0 0 0 1 1 1 177
Fiscal policy in monetary unions: implications for Europe 0 0 0 0 2 2 4 268
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04 0 0 0 247 1 3 6 577
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-2004 0 0 0 129 2 3 3 256
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 0 0 0 0 2,209
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 0 424 2 2 3 994
How bad are twins? output costs of currency and banking crises 0 0 2 26 0 1 7 111
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 108 0 1 3 426
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 7 0 0 2 92
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 42 0 2 3 173
Indian capital control liberalization: Evidence from NDF markets 0 0 0 29 0 1 1 185
India’s trilemma: financial liberalization, exchange rates and monetary policy 0 1 1 147 1 4 5 310
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 2 264 6 8 11 779
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 1 134 1 4 9 356
Inflation Targeting and Real Exchange Rates in Emerging Markets* 0 0 0 26 0 0 4 149
Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan 0 0 0 263 2 3 3 600
Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market 0 0 0 0 1 3 5 367
Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach 0 1 1 917 1 2 3 3,359
Is pegging the exchange rate a cure for inflation? East Asian experiences 0 0 0 0 0 0 0 1,025
Lessons from financial crisis: the Japanese case 0 0 0 0 0 0 2 36
Long-term international capital mobility: new evidence from equilibrium real interest rate linkages 0 0 0 0 0 0 0 279
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 0 1 376 2 2 6 1,212
Manufacturing sector resiliency to energy booms: Empirical evidence from Norway, the Netherlands and the United Kingdom 0 0 0 132 2 2 3 390
Monetary \"targeting\" in Japan and the U.S.: which is more accurate? 0 0 0 0 0 1 3 218
Monetary control, interest rates and exchange rates: the case of Japan, 1973-1986 0 0 0 0 0 0 1 667
Monetary policy, intervention, and exchange rates in Japan 0 0 0 2 1 1 1 1,116
Navigating the Trilemma: Capital Flows and Monetary Policy in China 0 0 0 341 1 2 3 1,120
Navigating the trilemma: capital flows and monetary policy in China 0 0 2 255 3 4 7 597
New results in support of the fiscal policy ineffectiveness proposition 0 0 0 0 1 4 7 646
Political business cycles in a parliamentary setting: the case of Japan 0 0 0 0 1 2 3 164
Predicting Banking Crises: Japan's Financial Crisis in International Comparison 0 0 0 49 1 1 4 163
Rational expectations and the Fisher effect: implications of monetary regime shifts 0 0 0 0 0 1 4 627
Real and financial adjustments to fiscal deficits in growing open economies 0 0 0 0 0 0 0 128
Real and financial linkages in the macroeconomic response to budget deficits: an empirical investigation 0 0 0 0 0 0 1 153
Selection Bias and the Output Costs of IMF Programs 0 0 0 154 0 3 9 650
Should the Nordic Countries Join A European Monetary Union? An Empirical Analysis 0 0 0 244 0 0 2 841
Stopping "Hot Money" or Signaling Bad Policy? Capital Controls and the Onset of Currency Crises 0 1 1 458 0 4 6 1,210
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 0 2 2 3 415
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 1 8 0 0 1 124
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 300 3 4 9 892
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 6 0 0 0 104
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 16 0 0 4 149
Sudden stops and the Mexican wave: currency crises, capital flow reversals and output loss in emerging markets 0 0 0 2 1 2 4 69
The 'German View' and Consumption Booms: Empirical Evidence from Denmark 0 0 0 72 1 1 2 829
The 'German View', Fiscal Consolidation and Consumption Booms: Empirical Evidence from Denmark 0 0 0 0 0 0 1 247
The Costs of EMU and Economic Convergence 0 0 0 0 1 1 3 501
The Great Japanese Stagnation: Lessons for Industrial Countries 0 0 0 202 0 2 3 605
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 0 1 172 6 10 17 408
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 0 0 104 0 0 4 179
The illusive quest: do international capital controls contribute to currency stability? 0 0 0 79 1 1 4 189
The real interest rate/budget deficit link: international evidence, 1973-82 0 0 0 0 0 1 1 552
Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis 0 0 0 207 1 3 5 548
U.S.-Japanese bilateral trade and the yen-dollar exchange rate: an empirical analysis 0 0 0 2 0 1 2 1,128
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 2 2 209 1 6 8 561
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 0 63 0 0 2 236
Total Working Papers 3 12 52 12,596 86 175 403 53,849


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Brief Review of Literature on the Effectiveness of International Capital Controls 0 0 0 0 0 0 1 74
A model central bank? 0 0 0 10 1 2 3 53
A monetary cure for the high dollar? 0 0 0 1 0 0 2 57
A single market for Europe? 0 0 0 16 0 0 2 118
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 58 3 4 5 248
Asset Price Fluctuations in Japan: What Role for Monetary Policy? 0 0 0 7 0 1 2 29
Asymmetries and state dependence: The impact of macro surprises on intraday exchange rates 0 0 0 25 2 3 3 121
Budget deficits, exchange rates and the current account: theory and U. S. evidence 0 0 0 266 1 1 3 721
Budget rules and monetary union in Europe 0 0 0 21 1 2 3 71
Capital controls and exchange rate instability in developing economies 0 0 1 173 3 6 11 552
Capital controls and exchange rate stability in developing countries 0 0 1 119 0 2 4 269
Central Bank Secrecy and Money Surprises: International Evidence 0 0 0 13 0 0 1 102
Central bank credibility and disinflation in New Zealand 0 0 0 65 0 1 1 237
China's financial linkages with Asia and the global financial crisis 0 0 0 19 2 5 6 139
Controlling capital? Legal restrictions and the asset composition of international financial flows 0 0 1 187 0 1 5 597
Coordinating policies with Japan 0 0 0 5 0 2 2 42
Credibilidad, desinflación y contratos del Banco Central: ¿Qué se ha cumplido de la ley del Banco de la Reserva Federal en Nueva Zelanda? 0 0 0 15 0 0 0 133
Credit ratings and the pricing of sovereign debt during the euro crisis 0 0 0 34 1 3 10 253
Currency Crises, Capital-Account Liberalization, and Selection Bias 2 2 3 288 2 4 9 816
DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY 0 0 0 20 1 1 6 120
Deficits and financial change in the Pacific Basin 0 0 0 3 0 0 0 30
Divine intervention? 0 0 0 21 0 0 0 97
Does Exchange Rate Appreciation 'Deindustrialize' the Open Economy? A Critique of U.S. Evidence 0 0 0 0 0 0 0 190
Dove or Hawk? Characterizing monetary policy regime switches in India 0 0 0 40 2 4 8 238
ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention 0 0 0 92 2 3 4 441
Early warning indicators of banking sector distress 0 0 0 222 0 0 1 392
Economic integration and fiscal policy transmission: implications for Europe in 1992 and beyond 0 0 0 10 0 0 0 150
Economic stabilization in the post-crisis world: Are fiscal rules the answer? 0 1 10 96 3 7 24 273
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 2 41 2 2 9 213
Effectiveness of official daily foreign exchange market intervention operations in Japan 1 1 3 116 1 2 12 467
Empirical Evidence on the Efficacy of Capital Controls: A Summary Evaluation 0 0 0 0 0 1 2 87
Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience 0 0 0 74 0 2 4 256
Equilibrium Real Interest Rate Linkages: The United States and Japan 0 0 1 63 0 1 2 341
Estimating the Fisher Effect and the Stochastic Money Growth Process 0 0 0 0 0 0 0 130
Evaluating foreign exchange market intervention: Self-selection, counterfactuals and average treatment effects 0 0 1 101 1 2 4 251
Exchange Rates, Non-traded Goods and the Terms of Trade: An Empirical Application for New Zealand 0 0 0 0 0 0 1 184
Exchange market pressure and absorption by international reserves: Emerging markets and fear of reserve loss during the 2008–2009 crisis 1 1 10 123 5 7 26 359
Exchange rates and monetary policy 0 0 0 37 4 6 8 378
Expansionary Fiscal Contractions: Re-evaluating the Danish Case 0 0 0 25 0 0 4 116
Export crowding out 0 0 0 33 1 2 4 123
Export promoting development strategies 0 0 0 28 2 3 4 108
Financial crises and bank supervision: new directions for Japan? 0 0 0 149 0 2 2 411
Financial liberalization in the Pacific Basin: Implications for real interest rate linkages 0 0 0 60 0 0 1 228
Financing current account deficits 0 0 1 43 2 2 6 117
Fiscal and monetary policies and the cost of sudden stops 0 0 0 69 0 2 3 298
Fiscal policy in monetary unions: Implications for Europe 0 0 0 23 5 5 6 94
Foreign exchange intervention and monetary policy in Japan, 2003–04 0 0 0 15 1 3 3 93
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 107 2 4 5 333
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 0 0 5 7 8 648
How costly are IMF stabilization programs? 0 0 0 90 1 1 2 211
Impact of macro-economic surprises on carry trade activity 0 0 1 34 3 3 7 142
India’s Trilemma: Financial Liberalisation, Exchange Rates and Monetary Policy 1 1 1 183 5 5 11 637
Inflation Targeting and Real Exchange Rates in Emerging Markets 1 1 2 202 5 8 34 785
Interdependence: U.S. and Japanese real interest rates 0 0 0 20 0 0 0 104
Intervention, deficit finance and real exchange rates: the case of Japan 1 1 2 25 1 4 5 123
Is Intervention a Signal of Future Monetary Policy? Evidece from the Federal Funds Futures Market 0 0 0 3 2 4 7 221
Is official foreign exchange intervention effective? 0 0 0 46 0 0 0 144
Is sterilised foreign exchange intervention effective after all? an event study approach 0 0 0 183 1 4 7 648
Japan's \"money focused\" monetary policy 0 0 0 23 0 1 1 810
Japan's experience with flexible exchange rates 0 0 0 27 0 1 3 192
Japan's recession: is the liquidity trap back? 0 0 1 324 0 2 4 809
Korea and export-led growth 0 0 0 77 0 0 2 232
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 1 4 123 5 8 18 424
Manufacturing Sector Resiliency to Energy Booms: Empirical Evidence from Norway, the Netherlands, and the United Kingdom 0 0 0 167 0 1 5 381
Misaligned dollar 0 0 0 5 0 0 1 56
Monetary announcements: the Bank of Japan and the Fed 0 0 0 8 0 0 1 69
Monetary control with an exchange rate objective: The bank of Japan, 1973-86 0 0 0 33 1 2 2 146
Monetary policy and LDC debt 0 0 0 15 1 2 2 79
Monetary policy in the Pacific Basin 0 0 0 2 0 0 0 37
Money and the Fisher effect 0 0 0 24 0 1 1 108
Navigating the trilemma: Capital flows and monetary policy in China 0 0 0 149 1 2 6 433
New Results in Support of the Fiscal Policy Ineffectiveness Proposition 0 0 0 35 1 1 1 181
Official Japanese intervention in foreign exchange markets: Leaning against the wind? 0 0 0 29 0 1 3 88
Ominous trade winds 0 0 0 2 0 0 0 60
Output Costs of Currency and Balance of Payments Crises in Emerging Markets 0 0 0 18 0 2 5 108
Political Business Cycles with Endogenous Election Timing: Evidence from Japan 0 0 2 91 1 1 5 297
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 76 1 1 1 201
Sudden stops and the Mexican wave: Currency crises, capital flow reversals and output loss in emerging markets 0 0 3 218 1 5 15 718
Swaps 0 0 0 128 0 1 3 241
The European currency crisis 0 0 0 482 1 2 3 1,439
The Output-Inflation Tradeoff and Central Bank Reform: Evidence from New Zealand 0 0 0 125 2 2 3 431
The bank of Japan's response to elections 0 0 0 12 2 3 3 43
The dollar and manufacturing output 0 0 0 4 0 1 1 47
The dollar and policy options 0 0 0 1 0 0 1 39
The emerging global financial architecture and exchange rate regimes in a volatile world 0 0 2 38 1 1 5 107
The illusive quest: Do international capital controls contribute to currency stability? 0 0 0 26 0 1 2 167
The real interest rate/budget deficit link: international evidence 1973- 82 0 0 0 184 1 1 2 562
Transmission of the U.S. subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis 0 0 0 182 1 4 11 592
U.S. budget deficits and the real value of the dollar 0 0 2 151 0 2 6 819
U.S. intervention policy 0 0 0 11 1 1 1 73
Understanding Global Liquidity in a Volatile World 0 0 0 21 0 0 1 69
What is the risk of European sovereign debt defaults? Fiscal space, CDS spreads and market pricing of risk 2 4 13 318 14 43 116 1,132
What makes a central bank credible? 0 0 0 24 0 0 2 94
World money 0 0 0 8 0 0 0 66
Total Journal Articles 9 13 67 6,880 108 227 539 26,163
10 registered items for which data could not be found


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Financial Policy and Central Banking in Japan 0 0 0 0 0 0 0 432
The Political Economy of Japanese Monetary Policy 0 0 0 0 2 4 11 485
Total Books 0 0 0 0 2 4 11 917


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 82 1 5 6 304
International Financial Markets and Transmission of the Crisis: Determinants of Exchange Market Pressure and Absorption by International Reserves 0 0 0 3 0 1 2 23
Total Chapters 0 0 0 85 1 6 8 327


Statistics updated 2025-12-06