Access Statistics for Michael Mercier Hutchison

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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 2 3 760
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 212 2 4 6 535
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 1 1 3 4 560
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 619 0 1 2 1,722
Are all banking crises alike? The Japanese experience in international comparison 0 0 0 407 0 2 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 0 1 66 1 4 8 212
Banking and Currency Crises: How Common Are The Twins? 0 0 2 99 1 7 13 287
Banking and Currency Crises: How Common Are Twins? 0 0 0 1,257 5 6 9 4,300
Banking and Currency Crises: How Common are Twins? 0 0 0 1 1 4 5 820
Banking and currency crises: how common are twins? 0 0 11 647 0 3 19 1,567
Capital Controls and Exchange Rate Instability in Developing Countries 0 0 0 0 2 3 4 495
Capital controls and exchange rate instability in developing economies 0 1 1 29 3 5 6 112
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 1 1 1 367
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 1 3 7 376
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 3 3 4 234
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 2 105 2 10 15 269
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 1 29 3 4 6 87
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 12 2 2 3 87
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 9 14 14 14 94
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 5 1 1 1 83
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 20 2 4 7 102
Currency Crises, Capital Account Liberalization, and Selection Bias 0 1 1 189 2 4 4 652
Currency crises 1 2 3 234 2 4 13 562
Do Both U.S. and Foreign Macro Surprises Matter for the Intraday Exchange Rate? Evidence from Japan 0 0 0 31 2 2 2 122
Do Sound Public Finances Require Fiscal Rules Or Is Market Pressure Enough? 0 0 0 36 2 2 3 121
Does exchange rate appreciation 'deindustrialize' the open economy? a critique of U.S. evidence 0 0 0 0 2 3 3 453
Dove or Hawk? characterizing monetary regime switches during financial liberalization in India 0 0 0 65 1 1 3 140
ECB Foreign Exchange Intervention and the Euro: Institutional Framework, News and Intervention 0 0 0 574 1 3 4 1,516
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 1 72 7 9 11 276
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 3 2 2 2 54
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 1 8 1 1 3 63
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 1 2 2 4 50
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 203 4 5 8 616
Effectiveness of official daily foreign exchange market intervention operations in Japan 0 0 1 9 1 2 3 63
Estimating a Monetary Policy Rule for India 0 0 0 153 2 3 6 346
Estimating a monetary policy rule for India 0 1 5 40 3 6 16 145
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 3 40
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 0 175 10 12 13 639
Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects 0 0 0 61 1 4 4 294
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 0 20 0 0 3 90
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 2 82 5 8 13 279
Exchange Rates, Non-Traded Goods and the Terms-of-Trade: An Empirical Application for New Zealand 0 0 0 0 0 2 2 431
Exchange rates, non-traded goods and the terms-of-trade: an empirical application for New Zealand 0 0 0 0 1 1 1 493
Fiscal and Monetary Policies and the Cost of Sudden Stops 0 0 0 145 1 2 4 534
Fiscal constraints and incentives with monetary coordination: implications for Europe 1992 0 0 0 0 2 3 3 179
Fiscal policy in monetary unions: implications for Europe 0 0 0 0 17 19 21 285
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04 0 0 0 247 2 5 8 579
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-2004 0 0 0 129 6 8 9 262
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 0 1 1 1 2,210
How Bad Are Twins? Output Costs of Currency and Banking Crises 1 1 1 425 1 3 4 995
How bad are twins? output costs of currency and banking crises 0 0 2 26 3 4 9 114
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 42 2 3 5 175
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 7 3 3 5 95
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 29 0 1 1 185
India’s trilemma: financial liberalization, exchange rates and monetary policy 0 0 1 147 4 7 9 314
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 1 134 0 4 9 356
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 2 264 4 10 15 783
Inflation Targeting and Real Exchange Rates in Emerging Markets* 0 0 0 26 0 0 3 149
Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan 0 0 0 263 6 9 9 606
Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market 0 0 0 0 1 4 6 368
Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach 0 1 1 917 2 4 5 3,361
Is pegging the exchange rate a cure for inflation? East Asian experiences 0 0 0 0 4 4 4 1,029
Lessons from financial crisis: the Japanese case 0 0 0 0 2 2 4 38
Long-term international capital mobility: new evidence from equilibrium real interest rate linkages 0 0 0 0 2 2 2 281
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 0 0 376 2 4 7 1,214
Manufacturing sector resiliency to energy booms: Empirical evidence from Norway, the Netherlands and the United Kingdom 0 0 0 132 2 4 5 392
Monetary \"targeting\" in Japan and the U.S.: which is more accurate? 0 0 0 0 1 1 4 219
Monetary control, interest rates and exchange rates: the case of Japan, 1973-1986 0 0 0 0 1 1 2 668
Monetary policy, intervention, and exchange rates in Japan 0 0 0 2 2 3 3 1,118
Navigating the Trilemma: Capital Flows and Monetary Policy in China 0 0 0 341 4 6 7 1,124
Navigating the trilemma: capital flows and monetary policy in China 0 0 2 255 1 5 8 598
New results in support of the fiscal policy ineffectiveness proposition 0 0 0 0 2 5 9 648
Political business cycles in a parliamentary setting: the case of Japan 0 0 0 0 1 3 4 165
Predicting Banking Crises: Japan's Financial Crisis in International Comparison 0 0 0 49 1 2 5 164
Rational expectations and the Fisher effect: implications of monetary regime shifts 0 0 0 0 1 2 5 628
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 4 6 13 654
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 3 5 1,210
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 0 3 5 6 418
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 16 2 2 6 151
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 0 300 0 4 8 892
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 1 8 2 2 3 126
Sudden stops and the Mexican wave: currency crises, capital flow reversals and output loss in emerging markets 0 0 0 2 0 2 4 69
The 'German View' and Consumption Booms: Empirical Evidence from Denmark 0 0 0 72 1 2 3 830
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 0 1 3 501
The Great Japanese Stagnation: Lessons for Industrial Countries 0 0 0 202 2 4 5 607
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 0 0 172 5 14 21 413
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 2 3 6 191
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 13 16 18 561
U.S.-Japanese bilateral trade and the yen-dollar exchange rate: an empirical analysis 0 0 0 2 4 5 6 1,132
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 2 209 1 3 9 562
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 2 8 48 12,598 217 370 597 54,066


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 1 1 2 75
A model central bank? 0 0 0 10 0 2 3 53
A monetary cure for the high dollar? 0 0 0 1 1 1 3 58
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 1 5 5 249
Asset Price Fluctuations in Japan: What Role for Monetary Policy? 0 0 0 7 1 2 3 30
Asymmetries and state dependence: The impact of macro surprises on intraday exchange rates 0 0 0 25 1 3 4 122
Budget deficits, exchange rates and the current account: theory and U. S. evidence 0 0 0 266 2 3 4 723
Budget rules and monetary union in Europe 0 0 0 21 0 2 3 71
Capital controls and exchange rate instability in developing economies 0 0 1 173 2 8 13 554
Capital controls and exchange rate stability in developing countries 0 0 1 119 1 2 4 270
Central Bank Secrecy and Money Surprises: International Evidence 0 0 0 13 1 1 2 103
Central bank credibility and disinflation in New Zealand 0 0 0 65 1 2 2 238
China's financial linkages with Asia and the global financial crisis 0 0 0 19 4 9 10 143
Controlling capital? Legal restrictions and the asset composition of international financial flows 0 0 1 187 2 3 7 599
Coordinating policies with Japan 0 0 0 5 0 1 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 2 2 2 135
Credit ratings and the pricing of sovereign debt during the euro crisis 0 0 0 34 2 5 12 255
Currency Crises, Capital-Account Liberalization, and Selection Bias 0 2 3 288 2 6 11 818
DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY 0 0 0 20 3 4 9 123
Deficits and financial change in the Pacific Basin 0 0 0 3 0 0 0 30
Divine intervention? 0 0 0 21 1 1 1 98
Does Exchange Rate Appreciation 'Deindustrialize' the Open Economy? A Critique of U.S. Evidence 0 0 0 0 2 2 2 192
Dove or Hawk? Characterizing monetary policy regime switches in India 0 0 0 40 0 4 8 238
ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention 0 0 0 92 2 5 6 443
Early warning indicators of banking sector distress 0 0 0 222 1 1 2 393
Economic integration and fiscal policy transmission: implications for Europe in 1992 and beyond 0 0 0 10 3 3 3 153
Economic stabilization in the post-crisis world: Are fiscal rules the answer? 1 2 9 97 5 10 26 278
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 2 41 3 5 12 216
Effectiveness of official daily foreign exchange market intervention operations in Japan 0 1 3 116 1 3 13 468
Empirical Evidence on the Efficacy of Capital Controls: A Summary Evaluation 0 0 0 0 1 2 3 88
Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience 0 0 0 74 1 3 5 257
Equilibrium Real Interest Rate Linkages: The United States and Japan 0 0 1 63 1 2 3 342
Estimating the Fisher Effect and the Stochastic Money Growth Process 0 0 0 0 1 1 1 131
Evaluating foreign exchange market intervention: Self-selection, counterfactuals and average treatment effects 0 0 1 101 4 6 8 255
Exchange Rates, Non-traded Goods and the Terms of Trade: An Empirical Application for New Zealand 0 0 0 0 1 1 2 185
Exchange market pressure and absorption by international reserves: Emerging markets and fear of reserve loss during the 2008–2009 crisis 1 2 11 124 7 14 33 366
Exchange rates and monetary policy 0 0 0 37 1 7 8 379
Expansionary Fiscal Contractions: Re-evaluating the Danish Case 0 0 0 25 4 4 8 120
Export crowding out 0 0 0 33 1 3 5 124
Export promoting development strategies 0 0 0 28 0 3 4 108
Financial crises and bank supervision: new directions for Japan? 0 0 0 149 1 3 3 412
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 0 2 6 117
Fiscal and monetary policies and the cost of sudden stops 0 0 0 69 1 3 4 299
Fiscal policy in monetary unions: Implications for Europe 0 0 0 23 1 6 7 95
Foreign exchange intervention and monetary policy in Japan, 2003–04 0 0 0 15 0 3 3 93
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 107 4 8 9 337
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 0 0 3 10 11 651
How costly are IMF stabilization programs? 0 0 0 90 0 1 2 211
Impact of macro-economic surprises on carry trade activity 0 0 1 34 2 5 9 144
India’s Trilemma: Financial Liberalisation, Exchange Rates and Monetary Policy 0 1 1 183 1 6 12 638
Inflation Targeting and Real Exchange Rates in Emerging Markets 1 2 3 203 7 15 41 792
Interdependence: U.S. and Japanese real interest rates 0 0 0 20 1 1 1 105
Intervention, deficit finance and real exchange rates: the case of Japan 0 1 2 25 2 6 7 125
Is Intervention a Signal of Future Monetary Policy? Evidece from the Federal Funds Futures Market 0 0 0 3 1 5 8 222
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 5 8 649
Japan's \"money focused\" monetary policy 0 0 0 23 2 3 3 812
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 1 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 1 9 18 425
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 2 2 3 71
Monetary control with an exchange rate objective: The bank of Japan, 1973-86 0 0 0 33 0 1 2 146
Monetary policy and LDC debt 0 0 0 15 0 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 2 4 8 435
New Results in Support of the Fiscal Policy Ineffectiveness Proposition 0 0 0 35 2 3 3 183
Official Japanese intervention in foreign exchange markets: Leaning against the wind? 0 0 0 29 1 2 4 89
Ominous trade winds 0 0 0 2 1 1 1 61
Output Costs of Currency and Balance of Payments Crises in Emerging Markets 1 1 1 19 2 4 7 110
Political Business Cycles with Endogenous Election Timing: Evidence from Japan 0 0 2 91 1 2 6 298
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 76 1 2 2 202
Sudden stops and the Mexican wave: Currency crises, capital flow reversals and output loss in emerging markets 1 1 4 219 3 6 18 721
Swaps 0 0 0 128 0 1 3 241
The European currency crisis 0 0 0 482 0 2 3 1,439
The Output-Inflation Tradeoff and Central Bank Reform: Evidence from New Zealand 0 0 0 125 2 4 5 433
The bank of Japan's response to elections 0 0 0 12 0 2 3 43
The dollar and manufacturing output 0 0 0 4 1 2 2 48
The dollar and policy options 0 0 0 1 1 1 2 40
The emerging global financial architecture and exchange rate regimes in a volatile world 0 0 2 38 0 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 0 1 2 562
Transmission of the U.S. subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis 0 0 0 182 2 6 11 594
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 0 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 0 3 13 318 13 45 124 1,145
What makes a central bank credible? 0 0 0 24 1 1 3 95
World money 0 0 0 8 0 0 0 66
Total Journal Articles 5 17 70 6,885 130 336 654 26,293
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 3 7 14 488
Total Books 0 0 0 0 3 7 14 920


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 7 305
International Financial Markets and Transmission of the Crisis: Determinants of Exchange Market Pressure and Absorption by International Reserves 1 1 1 4 1 2 3 24
Total Chapters 1 1 1 86 2 7 10 329


Statistics updated 2026-01-09