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Macroeconomic Policies in an Interdependent World
15 references·16 citing·43 second hop
Macroeconomic Policies in an Interdependent World (1989)Macroeconomic Policies in an Interdepende…GROWTH AND EXTERNAL DEBT UNDER RISK OF DEBT REPUDIATION* (2015)GROWTH AND EXTERNAL DEBT UNDE…Empirical Macroeconomics for Interdependent Economies. (1989)Empirical Macroeconomics for …Sovereign Debt: Is To Forgive To Forget? (1988)Sovereign Debt: Is To Forgive…International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model. (1988)International Macroeconomic P…What Stopped the Inflation? Unemployment or Commodity Prices? (1986)What Stopped the Inflation? U…The pure theory of country risk (1986)The pure theory of country ri…The pricing of bonds and bank loans in international markets (1986)The pricing of bonds and bank…A Constant Recontracting Model of Sovereign Debt (1986)A Constant Recontracting Mode…Can international monetary policy cooperation be counterproductive? (1985)Can international monetary po…Trade as the Engine of Growth in Developing Countries, Revisited (1984)Trade as the Engine of Growth…Money and Finance in the Macroeconomic Process (1982)Money and Finance in the Macr…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Debt with Potential Repudiati…The Terms of Trade and Equilibrium Growth in the World Economy (1980)The Terms of Trade and Equili…Immiserizing Growth: A Geometrical Note (1958)Immiserizing Growth: A Geomet…Economic Development with Unlimited Supplies of Labour (1954)Economic Development with Unl…On the obstacles to international policy coordination (2015)On the obstacles to internati…Obstacles to International Policy Coordination, and How to Overcome Them (2013)Obstacles to International Po…China's Dominance Hypothesis and the Emergence of a Tri-polar Global Currency System (2013)China's Dominance Hypothesis …Surprising Comparative Properties of Monetary Models: Results from a New Model Database (2011)Surprising Comparative Proper…The diversity of forecasts from macroeconomic models of the US economy (2010)The diversity of forecasts fr…Fiscal leadership and central bank design (2007)Fiscal leadership and central…Trade integration and synchronization of shocks* (2005)Trade integration and synchro…Regional cyclical asymmetries in an optimal currency area: an analysis using US state data (2005)Regional cyclical asymmetries…Can mergers in Europe help banks hedge against macroeconomic risk? (2005)Can mergers in Europe help ba…Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining Emu (2004)Real Convergence and Euro Ado…Was There Monetary Autonomy in Europe on the Eve of Emu? the German Dominance Hypothesis Re-Examined (2002)Was There Monetary Autonomy i…Is fiscal policy coordination in EMU desirable? (2001)Is fiscal policy coordination…Fiscal Rules in a Monetary Union: A Short-Run Analysis (2000)Fiscal Rules in a Monetary Un…Empirical evidence on the insulation properties of fixed and flexible exchange rates (1992)Empirical evidence on the ins…International economic structures, government interests, and international coordination of macroeconomic adjustment policies (1991)International economic struct…German dominance in the EMS: evidence from interest rates (1990)German dominance in the EMS: …The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money (1958)Econometric policy evaluation: A critique (1976)The future of monetary aggregates in monetary policy analysis (2003)Inattentive consumers (2006)The monetary theory of production (2015)Perfect Equilibrium in a Bargaining Model (1982)This Time is Different: A Panoramic View of Eight Centuries of Financial Crises (2008)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Defaultable debt, interest rates and the current account (2005)Default Risk and Income Fluctuations in Emerging Economies (2007)How Sovereign Is Sovereign Credit Risk? (2011)A Positive Theory of Monetary Policy in a Natural Rate Model (1983)Rules, discretion and reputation in a model of monetary policy (1983)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)RULES AND DISCRETION WITH NONCOORDINATED MONETARY AND FISCAL POLICIES (1987)Diplomacy and domestic politics: the logic of two-level games (1988)Financial Globalization: A Reappraisal (2006)The Current Account and Macroeconomic Adjustment in the 1970s (1981)LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80 (1984)The Evolution and Determinants of Emerging Market Credit Spreads in the 1990s (1999)The Evolution and Determinants of Emerging Markets Credit Spreads in the 1990s (2005)Mispricing of Sovereign Risk and Macroeconomic Stability in the Eurozone* (2012)Credit Rationing in Markets with Imperfect Information (1981)Reputation and imperfect information (1982)Bank Runs, Deposit Insurance, and Liquidity (1983)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)The Economics of Development: A Survey (1989)The Economics and Law of Sovereign Debt and Default (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The case for GDP-indexed bonds (2004)External Debt and Growth (2011)Growth in the Shadow of Expropriation * (2011)Debt-Constrained Asset Markets (1993)A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk (2014)Productivity Losses from Financial Frictions: Can Self-Financing Undo Capital Misallocation? (2014)A Staple Theory of Economic Growth (1963)Interest rates and currency prices in a two-country world (1982)Tax competition with interregional differences in factor endowments (1991)Theories of International Migration: A Review and Appraisal (1993)The analysis of household surveys (1997)Economic Origins of Dictatorship and Democracy (2005)
this work references cited by second hop

References

  • 1954Economic Development with Unlimited Supplies of Labour10,837 cited
  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 1988Sovereign Debt: Is To Forgive To Forget?1,030 cited
  • 1986A Constant Recontracting Model of Sovereign Debt1,001 cited
  • 1958Immiserizing Growth: A Geometrical Note777 cited
  • 1985Can international monetary policy cooperation be counterproductive?574 cited
  • 1986The pure theory of country risk573 cited
  • 1982Money and Finance in the Macroeconomic Process378 cited
  • 1986The pricing of bonds and bank loans in international markets274 cited
  • 2015GROWTH AND EXTERNAL DEBT UNDER RISK OF DEBT REPUDIATION*223 cited
  • 1980The Terms of Trade and Equilibrium Growth in the World Economy213 cited
  • 1988International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model.189 cited
  • 1989Empirical Macroeconomics for Interdependent Economies.151 cited
  • 1984Trade as the Engine of Growth in Developing Countries, Revisited136 cited
  • 1986What Stopped the Inflation? Unemployment or Commodity Prices?95 cited

Cited by

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  • 1990German dominance in the EMS: evidence from interest rates152 cited
  • 2013China's Dominance Hypothesis and the Emergence of a Tri-polar Global Currency System145 cited
  • 1991International economic structures, government interests, and international coordination of macroeconomic adjustment policies133 cited
  • 2013Obstacles to International Policy Coordination, and How to Overcome Them79 cited
  • 2005Can mergers in Europe help banks hedge against macroeconomic risk?74 cited
  • 2011Surprising Comparative Properties of Monetary Models: Results from a New Model Database72 cited
  • 2005Trade integration and synchronization of shocks*70 cited
  • 2000Fiscal Rules in a Monetary Union: A Short-Run Analysis61 cited
  • 2010The diversity of forecasts from macroeconomic models of the US economy59 cited
  • 2002Was There Monetary Autonomy in Europe on the Eve of Emu? the German Dominance Hypothesis Re-Examined58 cited
  • 2001Is fiscal policy coordination in EMU desirable?58 cited
  • 2004Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining Emu57 cited
  • 2007Fiscal leadership and central bank design50 cited
  • 2005Regional cyclical asymmetries in an optimal currency area: an analysis using US state data48 cited
  • 2015On the obstacles to international policy coordination46 cited
  • 1992Empirical evidence on the insulation properties of fixed and flexible exchange rates45 cited