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Journal Article
Economy still growing albeit at a tepid pace
Kliesen, Kevin L. (2012-10)
The Regional Economist , Issue Oct , Pages 22

Working Paper
International reserves and rollover risk
Bianchi, Javier; Martinez, Leonardo; Hatchondo, Juan Carlos (2013)
Two striking facts about international capital flows in emerging economies motivate this paper: (1) Governments hold large amounts of international reserves, for which they obtain a return lower than their borrowing cost. (2) Purchases of domestic assets by nonresidents and purchases of foreign assets by residents are both procyclical and collapse during crises. We propose a dynamic model of endogenous default that can account for these facts. The government faces a trade-off between the benefits of keeping reserves as a buffer against rollover risk and the cost of having larger gross debt ...
Working Paper , Paper 13-01

Conference Paper
Commentary: balancing growth with equity: the view from development
Murphy, Kevin M. (2011)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Fiscal uncertainty clouds outlook for growth
Kliesen, Kevin L. (2013-01)
The Regional Economist , Issue Jan

Conference Paper
Commentary: achieving growth amid fiscal imbalances
MacGuineas, Maya (2011)
Proceedings - Economic Policy Symposium - Jackson Hole

Speech
Texas: what makes us exceptional? Where are we vulnerable?
Fisher, Richard W. (2011)
Remarks before the Texas Economic Development Council Annual Conference, Dallas, Texas, October 6, 2011 ; "We must not lose track of this simple, unalterable, indisputable, critical fact: We have done well so far; our economy is mighty. But to stay ahead of the curve and compete in tomorrow?s global marketplace, Texas must better educate its population."
Speeches and Essays , Paper 96

Conference Paper
Luncheon address: central banking in uncertain times: conviction and responsibility.
Trichet, Jean-Claude (2010)
Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
The Growth Effects of El Niño and La Niña: Local Weather Conditions Matter
Damette, Olivier; Couharde, Cécile; Generoso , Rémi; Mohaddes, Kamiar (2019-11-29)
This paper contributes to the climate-economy literature by analyzing the role of weather patterns in influencing the transmission of global climate cycles to economic growth. More specifically, we focus on El Niño Southern Oscillation (ENSO) events and their interactions with local weather conditions, taking into account the heterogeneous and cumulative effects of weather patterns on economic growth and the asymmetry and nonlinearity in the global influence of ENSO on economic activity. Using data on 75 countries over the period 1975-2014, we provide evidence for the negative growth effects ...
Globalization Institute Working Papers , Paper 374

Journal Article
News shocks and business cycles
McKay, Alisdair; Krusell, Per (2010-10)
This article considers the question, raised by Beaudry and Portier in their recent articles, of whether "news shocks" can lead to expansions and contractions that look like business cycle movements. News shocks are to be thought of solely as affecting expectations (regarding future events) and thus do not influence current resource restrictions at all. So the question is, for example, whether news about lower future productivity could lead our key aggregate variables?consumption, investment, and employment?to co-move down now. Beaudry and Portier make the point that standard neoclassical ...
Economic Quarterly , Volume 96 , Issue 4Q , Pages 373-397

Conference Paper
General discussion: luncheon address: resource-based growth in poor countries and the role of central banks
anonymous (2011)
Proceedings - Economic Policy Symposium - Jackson Hole

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