Search Results

Showing results 1 to 10 of approximately 47.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Emerging markets 

Speech
Beyond the crisis: reflections on the challenges

Remarks at the Foreign Policy Association Corporate Dinner, New York City
Speech , Paper 8

Conference Paper
Commentary: role reversal in global finance

Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
Emerging economies, trade policy, and macroeconomic shock

This paper estimates the impact of macroeconomic shocks on the trade policies of thirteen major emerging economies over 1989-2010; by 2010, these WTO member countries collectively accounted for 21 percent of world merchandise imports and 22 percent of world GDP. We examine determinants of carefully constructed, bilateral measures of new import protection imposed at the extensive margin. New import restrictions on products arise through the temporary trade barriers (TTBs) ? antidumping, safeguards, and countervailing duties ? that have become some of the most important time-varying trade ...
Working Paper Series , Paper WP-2012-18

Newsletter
Comrades or competitors? on trade relationships between China and emerging Asia

Chicago Fed Letter , Issue Mar

Journal Article
Financial sector FDI and host countries: new and old lessons

Foreign direct investment (FDI) into the financial sectors of emerging economies soared during the 1990s, leaving many countries with banking sectors owned primarily by foreign institutions. While the implications of FDI into emerging markets are well documented, less clearly understood is how the host countries are affected by financial sector FDI specifically. An understanding of this relationship is crucial for countries formulating policy with respect to foreign banks. This article argues that many lessons learned from work on FDI into manufacturing and primary resource industries apply ...
Economic Policy Review , Volume 13 , Issue Mar , Pages 1-17

Journal Article
Banking industry evolution along the Texas-Mexico border

Southwest Economy , Issue Jul , Pages 11-13

Working Paper
Sterilization, monetary policy, and global financial integration

This paper investigates the changing pattern and efficacy of sterilization within emerging market countries as they liberalize markets and integrate with the world economy. We estimate the marginal propensity to sterilize foreign asset accumulation associated with net balance of payments inflows, across countries and over time. We find that the extent of sterilization of foreign reserve inflows has risen in recent years to varying degrees in Asia as well as in Latin America, consistent with greater concerns about the potential inflationary impact of reserve inflows. We also find that ...
Working Paper Series , Paper 2008-15

Working Paper
The global labor market impact of rmerging giants: a quantitative assessment

This paper investigates both aggregate and distributional impacts of the trade integration of China, India, and Central and Eastern Europe in a quantitative multi-country multi-sector model, comparing outcomes with and without factor market frictions. Under perfect within-country factor mobility, the gains to the rest of the world from trade integration of emerging giants are 0.37%, ranging from ?0.37% for Honduras to 2.28% for Sri Lanka. Reallocation of factors across sectors contributes relatively little to the aggregate gains, but has large distributional effects. The aggregate gains to ...
Working Paper Series , Paper WP-2013-10

Report
Partial Default

In the data sovereign default is always partial and varies in its duration. Debt levels during default episodes initially increase and do not experience reductions upon resolution. This paper presents a theory of sovereign default that replicates these properties, which are absent in standard sovereign default theory. Partial default is a flexible way to raise funds as the sovereign chooses its intensity and duration. Partial default is also costly because it amplifies debt crises as the defaulted debt accumulates and interest rate spreads increase. This theory is capable of rationalizing the ...
Staff Report , Paper 589

Working Paper
The Effect of U.S. Stress Tests on Monetary Policy Spillovers to Emerging Markets

This paper shows that monetary policy and prudential policies interact. U.S. banks issue more commercial and industrial loans to emerging market borrowers when U.S. monetary policy eases. The effect is less pronounced for banks that are more constrained through the U.S. bank stress tests, reflected in a lower minimum capital ratio in the severely adverse scenario. This suggests that monetary policy spillovers depend on banks? capital constraints. In particular, during a period of quantitative easing when liquidity is abundant, banks are more flexible, and the scope for adjusting lending is ...
International Finance Discussion Papers , Paper 1265

FILTER BY year

FILTER BY Content Type

Working Paper 24 items

Conference Paper 6 items

Speech 6 items

Journal Article 5 items

Report 5 items

Newsletter 1 items

show more (1)

FILTER BY Author

Checki, Terrence J. 4 items

Goldberg, Linda S. 3 items

Aguiar, Mark 2 items

Arellano, Cristina 2 items

Cetorelli, Nicola 2 items

Glick, Reuven 2 items

show more (72)

FILTER BY Jel Classification

G15 6 items

G21 3 items

G23 3 items

E44 2 items

F32 2 items

F34 2 items

show more (18)

FILTER BY Keywords

Emerging markets 47 items

Business cycles 8 items

International finance 7 items

Globalization 6 items

Monetary policy 6 items

Economic development 4 items

show more (114)

PREVIOUS / NEXT