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 0 2 13 770
A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs 0 0 0 212 0 5 15 545
A cure worse than the disease? currency crises and the output costs of IMF-supported stabilization programs 0 0 0 6 0 3 11 133
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 1 0 2 10 567
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 619 0 1 6 1,727
Are all banking crises alike? The Japanese experience in international comparison 0 0 0 407 1 4 11 1,071
Asset price fluctuations in Japan: what role for monetary policy? 0 0 0 1 1 5 6 304
Asymmetries and state dependence: the impact of macro surprises on intraday exchange rates 0 0 1 66 0 2 15 221
Banking and Currency Crises: How Common Are The Twins? 0 0 0 99 0 4 20 298
Banking and Currency Crises: How Common Are Twins? 0 0 0 1,257 1 6 16 4,309
Banking and Currency Crises: How Common are Twins? 0 0 0 1 0 4 20 835
Banking and currency crises: how common are twins? 0 0 2 647 0 6 21 1,581
Capital Controls and Exchange Rate Instability in Developing Countries 0 0 0 0 0 1 15 506
Capital controls and exchange rate instability in developing economies 0 0 1 29 0 3 12 119
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 3 8 374
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 1 7 379
Central bank secrecy and money surprises: international evidence 0 0 0 0 0 1 7 417
China’s Financial Linkages with Asia and the Global Financial Crisis 0 0 0 139 0 1 8 238
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 0 29 1 5 12 94
Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis 0 0 1 105 0 3 21 279
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 20 1 3 18 114
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 9 0 3 24 104
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 1 189 0 4 10 658
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 5 0 2 11 93
Currency Crises, Capital Account Liberalization, and Selection Bias 0 0 0 12 0 2 6 91
Currency crises 0 0 3 234 3 10 31 582
Do Both U.S. and Foreign Macro Surprises Matter for the Intraday Exchange Rate? Evidence from Japan 0 0 0 31 0 3 10 130
Do Sound Public Finances Require Fiscal Rules Or Is Market Pressure Enough? 0 0 0 36 0 1 6 125
Does exchange rate appreciation 'deindustrialize' the open economy? a critique of U.S. evidence 0 0 0 0 0 2 10 460
Dove or Hawk? characterizing monetary regime switches during financial liberalization in India 0 0 0 65 1 4 11 148
ECB Foreign Exchange Intervention and the Euro: Institutional Framework, News and Intervention 0 0 0 574 0 6 14 1,526
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 1 72 2 5 23 288
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 1 0 1 6 53
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 203 0 2 18 626
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 8 0 1 7 69
Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan 0 0 0 3 0 2 5 57
Effectiveness of official daily foreign exchange market intervention operations in Japan 0 0 0 9 0 11 17 78
Estimating a Monetary Policy Rule for India 0 0 0 153 1 2 15 357
Estimating a monetary policy rule for India 0 1 5 43 2 7 23 160
European Banking Distress and EMU: Institutional and Macroeconomic Risks 0 0 0 298 1 4 6 591
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 175 1 4 19 646
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 2 6 10 49
Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects 0 0 0 5 0 0 4 55
Evaluating Foreign Exchange Market Intervention: Self-selection, Counterfactuals and Average Treatment Effects 0 0 0 61 0 4 12 302
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 2 82 2 7 26 295
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis 0 0 0 20 1 2 5 94
Exchange Rates, Non-Traded Goods and the Terms-of-Trade: An Empirical Application for New Zealand 0 0 0 0 1 1 6 435
Exchange rates, non-traded goods and the terms-of-trade: an empirical application for New Zealand 0 0 0 0 0 2 4 496
Fiscal and Monetary Policies and the Cost of Sudden Stops 0 0 0 145 0 1 4 535
Fiscal constraints and incentives with monetary coordination: implications for Europe 1992 0 0 0 0 0 2 8 184
Fiscal policy in monetary unions: implications for Europe 0 0 0 0 0 1 44 309
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04 0 0 0 247 0 6 16 589
Foreign Exchange Intervention and Monetary Policy in Japan, 2003-2004 0 0 0 129 0 1 12 265
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 0 0 1 6 2,215
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 1 425 1 5 16 1,007
How bad are twins? output costs of currency and banking crises 0 1 1 27 1 7 18 125
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 108 0 3 12 437
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 7 0 3 8 100
Indian Capital Control Liberalization: Evidence from NDF Markets 0 0 0 42 1 6 14 184
Indian capital control liberalization: Evidence from NDF markets 0 0 0 29 0 0 4 188
India’s trilemma: financial liberalization, exchange rates and monetary policy 0 5 7 153 2 11 24 329
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 1 264 0 2 21 790
Inflation Targeting and Real Exchange Rates in Emerging Markets 0 0 1 135 0 8 18 369
Inflation Targeting and Real Exchange Rates in Emerging Markets* 0 0 0 26 0 6 11 159
Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan 0 0 0 263 1 7 22 619
Is Intervention a Signal of Future Monetary Policy? Evidence from the Federal Funds Futures Market 0 0 0 0 0 4 11 374
Is Sterilized Foreign Exchange Intervention Effective After All? An Event Study Approach 0 0 1 917 1 12 23 3,379
Is pegging the exchange rate a cure for inflation? East Asian experiences 0 0 0 0 1 4 12 1,037
Lessons from financial crisis: the Japanese case 0 0 0 0 0 2 6 41
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 1 1 377 0 9 16 1,226
Manufacturing sector resiliency to energy booms: Empirical evidence from Norway, the Netherlands and the United Kingdom 0 0 0 132 0 0 9 396
Monetary \"targeting\" in Japan and the U.S.: which is more accurate? 0 0 0 0 0 1 7 223
Monetary control, interest rates and exchange rates: the case of Japan, 1973-1986 0 0 0 0 1 3 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 17 1,134
Navigating the trilemma: capital flows and monetary policy in China 0 0 2 255 0 2 16 606
New results in support of the fiscal policy ineffectiveness proposition 0 0 0 0 0 2 15 656
Political business cycles in a parliamentary setting: the case of Japan 0 0 0 0 0 2 7 169
Predicting Banking Crises: Japan's Financial Crisis in International Comparison 0 0 0 49 0 2 14 175
Rational expectations and the Fisher effect: implications of monetary regime shifts 0 0 0 0 0 0 7 631
Real and financial adjustments to fiscal deficits in growing open economies 0 0 0 0 1 4 5 133
Real and financial linkages in the macroeconomic response to budget deficits: an empirical investigation 0 0 0 0 1 1 2 155
Selection Bias and the Output Costs of IMF Programs 0 0 0 154 0 5 22 667
Should the Nordic Countries Join A European Monetary Union? An Empirical Analysis 0 0 0 244 0 2 5 846
Stopping "Hot Money" or Signaling Bad Policy? Capital Controls and the Onset of Currency Crises 0 0 1 458 2 5 17 1,222
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 0 1 4 14 427
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 16 0 2 10 157
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 1 8 0 2 9 132
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 0 0 0 6 0 1 6 110
Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets 1 1 1 301 1 4 15 901
Sudden stops and the Mexican wave: currency crises, capital flow reversals and output loss in emerging markets 0 0 0 2 0 3 12 78
The 'German View' and Consumption Booms: Empirical Evidence from Denmark 0 0 0 72 0 0 4 831
The 'German View', Fiscal Consolidation and Consumption Booms: Empirical Evidence from Denmark 0 0 0 0 0 2 9 255
The Costs of EMU and Economic Convergence 0 0 0 0 0 1 9 509
The Great Japanese Stagnation: Lessons for Industrial Countries 0 0 0 202 0 0 5 607
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 1 1 1 105 1 2 9 187
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets 0 0 0 172 0 9 27 425
The illusive quest: do international capital controls contribute to currency stability? 0 0 0 79 0 4 14 201
The real interest rate/budget deficit link: international evidence, 1973-82 0 0 0 0 1 4 8 559
Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis 0 0 0 207 1 7 48 592
U.S.-Japanese bilateral trade and the yen-dollar exchange rate: an empirical analysis 0 0 0 2 1 3 10 1,137
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 0 63 1 4 11 246
What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk 0 0 2 209 1 9 23 576
Total Working Papers 2 10 39 12,612 43 356 1,341 54,932


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 1 6 80
A model central bank? 0 0 0 10 0 1 6 57
A monetary cure for the high dollar? 0 0 0 1 0 3 7 64
A single market for Europe? 0 0 0 16 0 1 4 122
Are All Banking Crises Alike? The Japanese Experience in International Comparison 0 0 0 58 0 1 15 259
Asset Price Fluctuations in Japan: What Role for Monetary Policy? 0 0 0 7 0 2 8 35
Asymmetries and state dependence: The impact of macro surprises on intraday exchange rates 0 0 0 25 3 8 16 134
Budget deficits, exchange rates and the current account: theory and U. S. evidence 0 0 0 266 0 2 12 731
Budget rules and monetary union in Europe 0 0 0 21 0 4 9 78
Capital controls and exchange rate instability in developing economies 0 0 0 173 0 3 18 562
Capital controls and exchange rate stability in developing countries 0 0 1 120 1 4 13 280
Central Bank Secrecy and Money Surprises: International Evidence 0 0 0 13 0 4 10 111
Central bank credibility and disinflation in New Zealand 0 0 0 65 1 2 7 243
China's financial linkages with Asia and the global financial crisis 0 0 0 19 1 3 16 150
Controlling capital? Legal restrictions and the asset composition of international financial flows 0 0 0 187 1 4 15 611
Coordinating policies with Japan 0 0 0 5 0 1 5 45
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 3 7 140
Credit ratings and the pricing of sovereign debt during the euro crisis 0 1 1 35 0 2 15 259
Currency Crises, Capital-Account Liberalization, and Selection Bias 0 0 2 288 0 6 28 837
DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY 1 1 1 21 3 5 14 131
Deficits and financial change in the Pacific Basin 0 0 0 3 0 2 3 33
Divine intervention? 0 0 0 21 0 1 7 104
Does Exchange Rate Appreciation 'Deindustrialize' the Open Economy? A Critique of U.S. Evidence 0 0 0 0 0 1 5 195
Dove or Hawk? Characterizing monetary policy regime switches in India 0 0 0 40 2 7 16 249
ECB Foreign Exchange Intervention and the EURO: Institutional Framework, News, and Intervention 0 0 0 92 0 5 15 453
Early warning indicators of banking sector distress 0 0 0 222 0 2 10 401
Economic integration and fiscal policy transmission: implications for Europe in 1992 and beyond 0 0 0 10 0 1 8 158
Economic stabilization in the post-crisis world: Are fiscal rules the answer? 1 1 5 99 2 7 27 291
Effectiveness of Capital Controls in India: Evidence from the Offshore NDF Market 0 0 3 42 2 6 22 227
Effectiveness of official daily foreign exchange market intervention operations in Japan 1 1 5 120 4 16 31 494
Empirical Evidence on the Efficacy of Capital Controls: A Summary Evaluation 0 0 0 0 0 2 5 91
Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience 0 0 0 74 0 2 8 260
Equilibrium Real Interest Rate Linkages: The United States and Japan 0 0 0 63 0 0 7 347
Estimating the Fisher Effect and the Stochastic Money Growth Process 0 0 0 0 1 2 6 136
Evaluating foreign exchange market intervention: Self-selection, counterfactuals and average treatment effects 0 0 0 101 0 6 19 268
Exchange Rates, Non-traded Goods and the Terms of Trade: An Empirical Application for New Zealand 0 0 0 0 0 3 13 197
Exchange market pressure and absorption by international reserves: Emerging markets and fear of reserve loss during the 2008–2009 crisis 1 1 11 126 1 4 35 376
Exchange rates and monetary policy 0 0 0 37 1 2 12 383
Expansionary Fiscal Contractions: Re-evaluating the Danish Case 0 0 0 25 1 6 19 132
Export crowding out 0 0 0 33 0 0 7 127
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 0 4 9 418
Financial liberalization in the Pacific Basin: Implications for real interest rate linkages 0 0 0 60 0 2 12 240
Financing current account deficits 0 0 1 43 0 5 9 123
Fiscal and monetary policies and the cost of sudden stops 0 0 0 69 1 2 11 307
Fiscal policy in monetary unions: Implications for Europe 0 0 0 23 0 2 15 103
Foreign exchange intervention and monetary policy in Japan, 2003–04 0 0 0 15 0 2 14 104
Foreign reserve and money dynamics with asset portfolio adjustment: international evidence 0 0 0 107 0 0 16 344
How Bad Are Twins? Output Costs of Currency and Banking Crises 0 0 0 0 0 1 11 652
How costly are IMF stabilization programs? 0 0 0 90 0 0 2 211
Impact of macro-economic surprises on carry trade activity 0 0 0 34 3 6 20 158
India’s Trilemma: Financial Liberalisation, Exchange Rates and Monetary Policy 0 0 3 185 0 4 19 647
Inflation Targeting and Real Exchange Rates in Emerging Markets 1 3 6 206 2 10 48 815
Interdependence: U.S. and Japanese real interest rates 0 0 0 20 0 3 10 114
Intervention, deficit finance and real exchange rates: the case of Japan 0 0 1 25 0 1 10 129
Is Intervention a Signal of Future Monetary Policy? Evidece from the Federal Funds Futures Market 0 0 0 3 0 3 16 232
Is official foreign exchange intervention effective? 0 0 0 46 0 5 8 152
Is sterilised foreign exchange intervention effective after all? an event study approach 0 0 0 183 1 5 18 659
Japan's "money focused" monetary policy 0 0 0 23 1 2 11 820
Japan's experience with flexible exchange rates 0 0 0 27 0 2 8 198
Japan's recession: is the liquidity trap back? 0 0 0 324 0 1 7 814
Korea and export-led growth 0 0 0 77 0 2 5 237
Macroeconomic effects of IMF-sponsored programs in Latin America: output costs, program recidivism and the vicious cycle of failed stabilizations 0 2 4 125 2 13 42 452
Manufacturing Sector Resiliency to Energy Booms: Empirical Evidence from Norway, the Netherlands, and the United Kingdom 0 0 0 167 0 3 10 390
Misaligned dollar 0 0 0 5 0 1 7 63
Monetary announcements: the Bank of Japan and the Fed 0 0 0 8 1 3 8 76
Monetary control with an exchange rate objective: The bank of Japan, 1973-86 0 0 0 33 0 3 8 152
Monetary policy and LDC debt 0 0 0 15 0 5 11 88
Monetary policy in the Pacific Basin 0 0 0 2 1 1 2 39
Money and the Fisher effect 0 0 0 24 0 1 6 113
Navigating the trilemma: Capital flows and monetary policy in China 0 0 0 149 1 10 25 454
New Results in Support of the Fiscal Policy Ineffectiveness Proposition 0 0 0 35 0 4 10 190
Official Japanese intervention in foreign exchange markets: Leaning against the wind? 0 0 0 29 1 2 6 92
Ominous trade winds 0 0 1 3 0 1 5 65
Output Costs of Currency and Balance of Payments Crises in Emerging Markets 0 0 1 19 0 1 9 115
Political Business Cycles with Endogenous Election Timing: Evidence from Japan 0 0 0 91 0 4 12 307
Structural change and the macroeconomic effects of oil shocks: empirical evidence from the United States and Japan 0 0 0 76 0 1 8 208
Sudden stops and the Mexican wave: Currency crises, capital flow reversals and output loss in emerging markets 0 0 3 220 3 9 33 742
Swaps 0 0 0 128 1 4 10 250
The European currency crisis 0 0 0 482 1 4 7 1,443
The Output-Inflation Tradeoff and Central Bank Reform: Evidence from New Zealand 0 0 0 125 0 3 14 442
The bank of Japan's response to elections 0 0 0 12 0 0 7 47
The dollar and manufacturing output 0 0 0 4 0 3 11 57
The dollar and policy options 0 0 0 1 1 3 7 45
The emerging global financial architecture and exchange rate regimes in a volatile world 0 0 0 38 1 2 4 110
The illusive quest: Do international capital controls contribute to currency stability? 0 0 0 26 0 3 6 172
The real interest rate/budget deficit link: international evidence 1973- 82 1 1 1 185 1 5 8 569
Transmission of the U.S. subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis 0 0 1 183 0 3 24 610
U.S. budget deficits and the real value of the dollar 0 0 0 151 0 2 12 828
U.S. intervention policy 0 0 0 11 0 2 5 77
Understanding Global Liquidity in a Volatile World 0 0 0 21 1 3 6 75
What is the risk of European sovereign debt defaults? Fiscal space, CDS spreads and market pricing of risk 2 3 11 323 4 8 99 1,171
What makes a central bank credible? 0 0 0 24 0 1 3 97
World money 0 0 0 8 0 1 4 70
Total Journal Articles 8 14 62 6,913 51 306 1,220 27,048
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 1 5 437
The Political Economy of Japanese Monetary Policy 0 0 0 0 2 7 19 499
Total Books 0 0 0 0 2 8 24 936


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 7 22 320
International Financial Markets and Transmission of the Crisis: Determinants of Exchange Market Pressure and Absorption by International Reserves 0 1 2 5 1 7 12 34
Total Chapters 0 1 2 87 2 14 34 354


Statistics updated 2026-06-04