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 3 15 773
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 212 0 1 15 546
A cure worse than the disease? currency crises and the output costs of IMF-supported stabilization programs 0 0 0 6 0 1 11 134
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 619 0 0 6 1,727
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 1 0 0 10 567
Are all banking crises alike? The Japanese experience in international comparison 0 0 0 407 0 1 12 1,072
Asset price fluctuations in Japan: what role for monetary policy? 0 0 0 1 1 2 7 306
Asymmetries and state dependence: the impact of macro surprises on intraday exchange rates 0 0 1 66 0 0 14 221
Banking and Currency Crises: How Common Are The Twins? 0 0 0 99 0 3 23 301
Banking and Currency Crises: How Common Are Twins? 0 0 0 1,257 0 1 16 4,310
Banking and Currency Crises: How Common are Twins? 0 0 0 1 1 1 20 836
Banking and currency crises: how common are twins? 0 0 0 647 0 1 18 1,582
Capital Controls and Exchange Rate Instability in Developing Countries 0 0 0 0 0 0 14 506
Capital controls and exchange rate instability in developing economies 0 0 1 29 1 1 13 120
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 9 375
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 0 0 6 379
Central bank secrecy and money surprises: international evidence 0 0 0 0 0 0 6 417
China’s Financial Linkages with Asia and the Global Financial Crisis 0 0 0 139 1 2 9 240
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 0 29 0 0 11 94
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 0 105 1 1 21 280
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 12 0 0 6 91
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 20 0 0 16 114
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 189 1 1 11 659
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 5 0 0 11 93
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 9 1 1 25 105
Currency crises 0 0 3 234 0 1 26 583
Do Both U.S. and Foreign Macro Surprises Matter for the Intraday Exchange Rate? Evidence from Japan 0 0 0 31 1 3 13 133
Do Sound Public Finances Require Fiscal Rules Or Is Market Pressure Enough? 0 0 0 36 0 0 6 125
Does exchange rate appreciation 'deindustrialize' the open economy? a critique of U.S. evidence 0 0 0 0 0 0 10 460
Dove or Hawk? characterizing monetary regime switches during financial liberalization in India 0 0 0 65 0 0 9 148
ECB Foreign Exchange Intervention and the Euro: Institutional Framework, News and Intervention 0 0 0 574 0 33 46 1,559
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 0 72 0 1 22 289
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 1 0 2 7 55
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 8 1 1 8 70
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 3 1 3 8 60
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 203 0 2 18 628
Effectiveness of official daily foreign exchange market intervention operations in Japan 0 0 0 9 1 2 19 80
Estimating a Monetary Policy Rule for India 0 0 0 153 0 0 14 357
Estimating a monetary policy rule for India 0 1 5 44 3 6 27 166
European Banking Distress and EMU: Institutional and Macroeconomic Risks 0 0 0 298 0 0 6 591
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 175 0 0 19 646
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 2 2 11 51
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 0 0 3 55
Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects 0 0 0 61 0 1 13 303
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 1 82 1 1 26 296
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 1 6 95
Exchange Rates, Non-Traded Goods and the Terms-of-Trade: An Empirical Application for New Zealand 0 0 0 0 1 1 7 436
Exchange rates, non-traded goods and the terms-of-trade: an empirical application for New Zealand 0 0 0 0 0 0 4 496
Fiscal and Monetary Policies and the Cost of Sudden Stops 0 0 0 145 1 1 4 536
Fiscal constraints and incentives with monetary coordination: implications for Europe 1992 0 0 0 0 0 0 8 184
Fiscal policy in monetary unions: implications for Europe 0 0 0 0 2 2 45 311
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04 0 0 0 247 1 2 17 591
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-2004 0 0 0 129 0 1 13 266
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 0 1 1 7 2,216
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 1 425 0 1 16 1,008
How bad are twins? output costs of currency and banking crises 0 0 1 27 0 3 18 128
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 7 0 1 9 101
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 42 0 1 14 185
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 108 0 3 15 440
Indian capital control liberalization: Evidence from NDF markets 0 0 0 29 0 1 5 189
India’s trilemma: financial liberalization, exchange rates and monetary policy 0 0 7 153 0 2 25 331
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 1 135 0 1 18 370
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 0 264 2 3 22 793
Inflation Targeting and Real Exchange Rates in Emerging Markets* 0 0 0 26 0 2 12 161
Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan 0 0 0 263 0 2 24 621
Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market 0 0 0 0 1 1 11 375
Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach 0 0 1 917 1 3 25 3,382
Is pegging the exchange rate a cure for inflation? East Asian experiences 0 0 0 0 0 0 12 1,037
Lessons from financial crisis: the Japanese case 0 0 0 0 1 1 6 42
Long-term international capital mobility: new evidence from equilibrium real interest rate linkages 0 0 0 0 0 0 5 284
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 0 1 377 1 2 18 1,228
Manufacturing sector resiliency to energy booms: Empirical evidence from Norway, the Netherlands and the United Kingdom 0 0 0 132 2 2 10 398
Monetary \"targeting\" in Japan and the U.S.: which is more accurate? 0 0 0 0 0 0 6 223
Monetary control, interest rates and exchange rates: the case of Japan, 1973-1986 0 0 0 0 0 0 7 674
Monetary policy, intervention, and exchange rates in Japan 0 0 0 2 0 0 6 1,121
Navigating the Trilemma: Capital Flows and Monetary Policy in China 0 0 0 341 0 2 18 1,136
Navigating the Trilemma: Capital Flows and Monetary Policy in China 0 0 0 255 2 4 17 610
New results in support of the fiscal policy ineffectiveness proposition 0 0 0 0 0 0 14 656
Political business cycles in a parliamentary setting: the case of Japan 0 0 0 0 0 0 7 169
Predicting Banking Crises: Japan's Financial Crisis in International Comparison 0 0 0 49 2 2 15 177
Rational expectations and the Fisher effect: implications of monetary regime shifts 0 0 0 0 0 2 7 633
Real and financial adjustments to fiscal deficits in growing open economies 0 0 0 0 0 0 5 133
Real and financial linkages in the macroeconomic response to budget deficits: an empirical investigation 0 0 0 0 0 1 3 156
Selection Bias and the Output Costs of IMF Programs 0 0 0 154 0 2 22 669
Should the Nordic Countries Join A European Monetary Union? An Empirical Analysis 0 0 0 244 0 1 6 847
Stopping "Hot Money" or Signaling Bad Policy? Capital Controls and the Onset of Currency Crises 0 0 1 458 1 6 22 1,228
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 0 0 1 15 428
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 16 1 2 10 159
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 8 2 2 10 134
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 6 1 2 8 112
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 1 301 0 0 13 901
Sudden stops and the Mexican wave: currency crises, capital flow reversals and output loss in emerging markets 0 0 0 2 0 0 11 78
The 'German View' and Consumption Booms: Empirical Evidence from Denmark 0 0 0 72 0 0 3 831
The 'German View', Fiscal Consolidation and Consumption Booms: Empirical Evidence from Denmark 0 0 0 0 0 0 8 255
The Costs of EMU and Economic Convergence 0 0 0 0 0 0 9 509
The Great Japanese Stagnation: Lessons for Industrial Countries 0 0 0 202 0 3 7 610
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 0 1 105 2 3 11 190
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 1 1 173 1 3 30 428
The illusive quest: do international capital controls contribute to currency stability? 0 0 0 79 1 1 14 202
The real interest rate/budget deficit link: international evidence, 1973-82 0 0 0 0 0 0 8 559
Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis 0 0 0 207 0 2 49 594
U.S.-Japanese bilateral trade and the yen-dollar exchange rate: an empirical analysis 0 0 0 2 0 0 10 1,137
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 2 209 0 1 22 577
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 0 63 3 6 16 252
Total Working Papers 0 2 30 12,614 49 163 1,421 55,095


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 7 81
A model central bank? 0 0 0 10 0 0 6 57
A monetary cure for the high dollar? 0 0 0 1 0 0 7 64
A single market for Europe? 0 0 0 16 0 0 4 122
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 58 0 2 17 261
Asset Price Fluctuations in Japan: What Role for Monetary Policy? 0 0 0 7 0 0 7 35
Asymmetries and state dependence: The impact of macro surprises on intraday exchange rates 0 0 0 25 0 0 16 134
Banking and currency crises; how common are twins? 0 0 0 465 1 1 10 1,326
Budget deficits, exchange rates and the current account: theory and U. S. evidence 0 0 0 266 0 0 11 731
Budget rules and monetary union in Europe 0 0 0 21 0 0 9 78
Capital controls and exchange rate instability in developing economies 0 0 0 173 1 2 18 564
Capital controls and exchange rate stability in developing countries 0 0 1 120 1 1 14 281
Central Bank Secrecy and Money Surprises: International Evidence 0 0 0 13 0 1 10 112
Central bank credibility and disinflation in New Zealand 0 0 0 65 0 0 7 243
China's financial linkages with Asia and the global financial crisis 0 0 0 19 2 3 19 153
Controlling capital? Legal restrictions and the asset composition of international financial flows 0 0 0 187 22 23 38 634
Coordinating policies with Japan 0 0 0 5 0 1 6 46
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 1 2 9 142
Credit ratings and the pricing of sovereign debt during the euro crisis 0 1 2 36 0 1 10 260
Currency Crises, Capital-Account Liberalization, and Selection Bias 0 0 2 288 0 2 27 839
DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY 0 0 1 21 0 2 14 133
Deficits and financial change in the Pacific Basin 0 0 0 3 0 1 4 34
Divine intervention? 0 0 0 21 0 0 7 104
Does Exchange Rate Appreciation 'Deindustrialize' the Open Economy? A Critique of U.S. Evidence 0 0 0 0 1 1 6 196
Dove or Hawk? Characterizing monetary policy regime switches in India 0 0 0 40 1 3 18 252
ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention 0 0 0 92 0 1 16 454
Early warning indicators of banking sector distress 0 0 0 222 0 0 9 401
Economic integration and fiscal policy transmission: implications for Europe in 1992 and beyond 0 0 0 10 0 0 8 158
Economic stabilization in the post-crisis world: Are fiscal rules the answer? 1 1 5 100 2 2 27 293
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 1 42 0 0 16 227
Effectiveness of official daily foreign exchange market intervention operations in Japan 1 1 6 121 2 6 35 500
Empirical Evidence on the Efficacy of Capital Controls: A Summary Evaluation 0 0 0 0 0 1 6 92
Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience 0 0 0 74 0 0 6 260
Equilibrium Real Interest Rate Linkages: The United States and Japan 0 0 0 63 0 2 9 349
Estimating the Fisher Effect and the Stochastic Money Growth Process 0 0 0 0 0 0 6 136
Evaluating foreign exchange market intervention: Self-selection, counterfactuals and average treatment effects 0 0 0 101 0 0 19 268
Exchange Rates, Non-traded Goods and the Terms of Trade: An Empirical Application for New Zealand 0 0 0 0 1 1 14 198
Exchange market pressure and absorption by international reserves: Emerging markets and fear of reserve loss during the 2008–2009 crisis 0 0 4 126 1 1 25 377
Exchange rate policy and interdependence: perspectives from Pacific Basin countries: a conference sponsored by the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco, September 16-18, 1992 0 0 0 0 0 0 1 49
Exchange rate policy in Pacific Basin countries: a conference sponsored by the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco, September 16-18, 1992 0 0 0 0 0 0 7 132
Exchange rates and monetary policy 0 0 0 37 0 0 11 383
Expansionary Fiscal Contractions: Re-evaluating the Danish Case 0 0 0 25 3 5 21 137
Export crowding out 0 0 0 33 0 0 6 127
Export promoting development strategies 0 0 0 28 0 0 6 111
Financial crises and bank supervision: new directions for Japan? 0 0 0 149 1 1 10 419
Financial effects of budget deficits in the Pacific Basin 0 0 0 0 0 0 5 34
Financial liberalization in the Pacific Basin: Implications for real interest rate linkages 0 0 0 60 0 0 12 240
Financial market changes and regulatory reforms in Pacific Basin countries: an overview 0 0 0 0 0 1 9 51
Financing current account deficits 0 0 0 43 0 0 8 123
Fiscal and monetary policies and the cost of sudden stops 0 0 0 69 0 1 12 308
Fiscal policy in monetary unions: Implications for Europe 0 0 0 23 0 0 14 103
Foreign exchange intervention and monetary policy in Japan, 2003–04 0 0 0 15 0 0 14 104
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 107 0 0 15 344
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 0 0 0 1 12 653
How costly are IMF stabilization programs? 0 0 0 90 0 0 1 211
Impact of macro-economic surprises on carry trade activity 0 0 0 34 1 1 20 159
India’s Trilemma: Financial Liberalisation, Exchange Rates and Monetary Policy 0 0 3 185 0 3 18 650
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 1 6 207 2 6 44 821
Interdependence: U.S. and Japanese real interest rates 0 0 0 20 0 0 10 114
Intervention, deficit finance and real exchange rates: the case of Japan 0 0 1 25 1 2 12 131
Is Intervention a Signal of Future Monetary Policy? Evidece from the Federal Funds Futures Market 0 0 0 3 0 2 17 234
Is official foreign exchange intervention effective? 0 0 0 46 0 1 9 153
Is sterilised foreign exchange intervention effective after all? an event study approach 0 0 0 183 0 0 15 659
Japan's "money focused" monetary policy 0 0 0 23 0 0 11 820
Japan's experience with flexible exchange rates 0 0 0 27 0 1 8 199
Japan's recession: is the liquidity trap back? 0 0 0 324 0 0 7 814
Korea and export-led growth 0 0 0 77 0 0 5 237
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 2 5 127 0 3 39 455
Manufacturing Sector Resiliency to Energy Booms: Empirical Evidence from Norway, the Netherlands, and the United Kingdom 0 0 0 167 0 0 10 390
McKinnon's world money hypothesis: comment 0 0 0 0 0 0 7 59
Misaligned dollar 0 0 0 5 0 0 7 63
Monetary announcements: the Bank of Japan and the Fed 0 0 0 8 0 2 9 78
Monetary control with an exchange rate objective: The bank of Japan, 1973-86 0 0 0 33 0 0 8 152
Monetary policy and LDC debt 0 0 0 15 0 2 13 90
Monetary policy in the Pacific Basin 0 0 0 2 0 1 3 40
Monetary policy, intervention, and exchange rates in Japan 0 0 0 0 3 3 6 141
Monetary policy, intervention, and exchange rates in Japan 0 0 0 0 0 0 4 106
Money and the Fisher effect 0 0 0 24 0 1 7 114
Navigating the trilemma: Capital flows and monetary policy in China 0 0 0 149 3 8 31 462
New Results in Support of the Fiscal Policy Ineffectiveness Proposition 0 0 0 35 0 1 11 191
Official Japanese intervention in foreign exchange markets: Leaning against the wind? 0 0 0 29 0 0 5 92
Ominous trade winds 0 0 1 3 0 1 6 66
Output Costs of Currency and Balance of Payments Crises in Emerging Markets 0 0 1 19 0 0 9 115
Political Business Cycles with Endogenous Election Timing: Evidence from Japan 0 0 0 91 1 1 12 308
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 76 0 0 8 208
Sudden stops and the Mexican wave: Currency crises, capital flow reversals and output loss in emerging markets 0 0 2 220 1 1 30 743
Swaps 0 0 0 128 0 1 11 251
The European currency crisis 0 0 0 482 0 0 6 1,443
The Output-Inflation Tradeoff and Central Bank Reform: Evidence from New Zealand 0 0 0 125 0 0 13 442
The bank of Japan's response to elections 0 0 0 12 0 1 8 48
The dollar and manufacturing output 0 0 0 4 0 0 11 57
The dollar and policy options 0 0 0 1 1 1 7 46
The emerging global financial architecture and exchange rate regimes in a volatile world 1 1 1 39 1 2 6 112
The illusive quest: Do international capital controls contribute to currency stability? 0 0 0 26 1 1 7 173
The real interest rate/budget deficit link: international evidence 1973- 82 0 0 1 185 0 0 8 569
The response of the Bank of Japan to macroeconomic and financial change 0 0 0 0 0 0 7 63
Transmission of the U.S. subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis 1 1 2 184 1 4 26 614
U.S. budget deficits and the real value of the dollar 0 0 0 151 0 0 11 828
U.S. intervention policy 0 0 0 11 0 0 5 77
Understanding Global Liquidity in a Volatile World 0 0 0 21 0 0 6 75
What is the risk of European sovereign debt defaults? Fiscal space, CDS spreads and market pricing of risk 1 5 14 328 2 10 92 1,181
What makes a central bank credible? 0 0 0 24 1 1 4 98
World money 0 0 0 8 0 1 5 71
Total Journal Articles 5 13 59 7,391 60 132 1,295 29,136
1 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 5 437
The Political Economy of Japanese Monetary Policy 0 0 0 0 1 1 19 500
Total Books 0 0 0 0 1 1 24 937


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 0 0 21 320
International Financial Markets and Transmission of the Crisis: Determinants of Exchange Market Pressure and Absorption by International Reserves 0 0 2 5 0 0 12 34
Total Chapters 0 0 2 87 0 0 33 354


Statistics updated 2026-09-10