Details about Eduardo Levy Yeyati

E-mail:
Homepage:	http://www.utdt.edu/~ely
Phone:	(54 11) 4783-3112
Postal address:	Saenz Valiente 1010, C1428BIJ Buenos Aires, Argentina
Workplace:	Global Economy and Development Program, Brookings Institution, (more information at EDIRC) Escuela de Gobierno (School of Government), Universidad Torcuato Di Tella (Torcuato di Tella University), (more information at EDIRC) Center for International Development, Harvard Kennedy School, Harvard University, (more information at EDIRC)

Access statistics for papers by Eduardo Levy Yeyati.

Last updated 2024-11-09. Update your information in the RePEc Author Service.

Short-id: ple99

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Working Papers

2024

1. When Did Argentina Lose its Mojo? A Short Note on Economic Divergence
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)

2023

2. Exchange Rate Regimes 20 years later: The prevalence of floats
   Working Papers, Universidad de San Andres, Departamento de Economia
3. Sovereign Debt Management
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
   See also Chapter Sovereign Debt Management, IDB Publications (Book Chapters), Inter-American Development Bank (2023) (2023)

2022

4. A New Labor Conflict Index for Argentina: Preliminary Findings
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
5. An Integrated Epidemiological and Economic Model of COVID-19 NPIs in Argentina
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
   Also in CID Working Papers, Center for International Development at Harvard University (2022)
   Growth Lab Working Papers, Harvard's Growth Lab (2022)
6. Classifying Exchange Rate Regimes: 20 Years Later
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
7. Leaning-against-the-wind Intervention and the “Carry-Trade” View of the Cost of Reserves
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
   Also in CID Working Papers, Center for International Development at Harvard University (2022)
   Growth Lab Working Papers, Harvard's Growth Lab (2022)
   See also Journal Article Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves, Open Economies Review, Springer (2022) (2022)
8. State-owned Enterprises: In Search for a New Consensus
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
   See also Journal Article State-owned enterprises: in search for a new consensus, Journal of Economic Policy Reform, Taylor & Francis Journals (2023) (2023)

2021

9. A Balance-Sheet Approach to Fiscal Sustainability
   Working Papers, Universidad de San Andres, Departamento de Economia
   Also in Working Papers, Red Nacional de Investigadores en Economía (RedNIE) (2021) View citations (1)
   CID Working Papers, Center for International Development at Harvard University (2007) View citations (4)
   Working Paper Series, Harvard University, John F. Kennedy School of Government (2007) View citations (4)
   Business School Working Papers, Universidad Torcuato Di Tella (2007) View citations (4)
   See also Journal Article A balance‐sheet approach to fiscal sustainability, Fiscal Studies, John Wiley & Sons (2023) View citations (1) (2023)
10. Do women ask for lower salaries? The supply side of the gender pay gap
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in Department of Economics Working Papers, Universidad Torcuato Di Tella (2018) View citations (1)
    School of Government Working Papers, Universidad Torcuato Di Tella (2018)
11. Dolarización y desdolarización financiera en el nuevo milenio
    Documentos de trabajo, FLAR View citations (2)
12. Financial dollarization and de-dollarization in the new milennium
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE) View citations (5)
    Also in Documentos de trabajo, FLAR (2021) View citations (9)
13. How ETFs amplify the global financial cycle in emerging markets
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in CID Working Papers, Center for International Development at Harvard University (2019)
    Working Papers, The George Washington University, Institute for International Economic Policy (2018) View citations (6)
    School of Government Working Papers, Universidad Torcuato Di Tella (2017) View citations (4)
    Documentos de Trabajo, The Latin American and Caribbean Economic Association (LACEA) (2018) View citations (7)
    Growth Lab Working Papers, Harvard's Growth Lab (2019)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (15)
    See also Journal Article How ETFs Amplify the Global Financial Cycle in Emerging Markets, The Review of Financial Studies, Society for Financial Studies (2023) View citations (1) (2023)
14. Lockdown Fatigue: The Diminishing Effects of Quarantines on the Spread of COVID-19
    CID Working Papers, Center for International Development at Harvard University View citations (20)
    Also in Growth Lab Working Papers, Harvard's Growth Lab (2021)
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE) (2021) View citations (29)
15. Pandemic divergence: A short note on COVID-19 and global income inequality
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE) View citations (2)
16. Radiografía del Trabajo Argentino
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in School of Government Working Papers, Universidad Torcuato Di Tella (2018)
17. Specificity of human capital: An occupation space based on job-to-job transitions
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in Growth Lab Working Papers, Harvard's Growth Lab (2020)
    CID Working Papers, Center for International Development at Harvard University (2020)
18. The cost of holding foreign exchange reserves
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in School of Government Working Papers, Universidad Torcuato Di Tella (2019) View citations (3)
    Growth Lab Working Papers, Harvard's Growth Lab (2019)
    CID Working Papers, Center for International Development at Harvard University (2019) View citations (4)
    See also Chapter The Cost of Holding Foreign Exchange Reserves, Springer Books, Springer (2020) View citations (1) (2020)
19. What works for active labor market policies?
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE)
    Also in School of Government Working Papers, Universidad Torcuato Di Tella (2019) View citations (12)
    Growth Lab Working Papers, Harvard's Growth Lab (2019)
    CID Working Papers, Center for International Development at Harvard University (2019) View citations (10)

2020

20. Take me out: De facto limits on strict lockdowns in developing countries
    Working Papers, Red Nacional de Investigadores en Economía (RedNIE) View citations (11)

2017

21. Leader over policy? The influence of political leaders on policy preferences
    School of Government Working Papers, Universidad Torcuato Di Tella

2016

22. Classifying Exchange Rate Regimes: 15 Years Later
    CID Working Papers, Center for International Development at Harvard University View citations (38)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2016) View citations (38)

2015

23. CATalytic Insurance: The Case for Natural Disasters
    CID Working Papers, Center for International Development at Harvard University View citations (3)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2015) View citations (3)
    Policy Research Working Paper Series, The World Bank (2010) View citations (1)
    See also Journal Article CATalytic insurance: the case of natural disasters, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2015) View citations (3) (2015)
24. Varieties of Capital Flows: What Do We Know
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (11)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2015) View citations (11)
    CID Working Papers, Center for International Development at Harvard University (2015) View citations (7)

2014

25. Export Mix Changes and Firm Performance: Evidence from Chile
    IDB Publications (Working Papers), Inter-American Development Bank View citations (4)
26. Financial globalization in emerging economies: much ado about nothing?
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
    Also in Policy Research Working Paper Series, The World Bank (2011) View citations (13)
    Business School Working Papers, Universidad Torcuato Di Tella (2011) View citations (9)
    See also Journal Article Financial Globalization in Emerging Economies: Much Ado About Nothing?, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2014) View citations (12) (2014)
27. Fondo Latinoamericano de Reservas: Diagnóstico y Recomendaciones
    Documentos de Discusión FLAR, Fondo Latino Americano de Reservas - FLAR
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2013)
28. On the Effectiveness of Exchange Rate Interventions in Emerging Markets
    OECD Development Centre Working Papers, OECD Publishing View citations (25)
    Also in CID Working Papers, Center for International Development at Harvard University (2014) View citations (17)
    See also Journal Article On the effectiveness of exchange rate interventions in emerging markets, Journal of International Money and Finance, Elsevier (2016) View citations (53) (2016)

2012

29. Cosas que aprendimos de las crisis
    Business School Working Papers, Universidad Torcuato Di Tella
    See also Journal Article Cosas que aprendimos de las crisis, Monetaria, CEMLA (2013) (2013)
30. Emerging economies in the 2000s: real decoupling and financial recoupling
    Policy Research Working Paper Series, The World Bank View citations (47)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2011) View citations (6)
    See also Journal Article Emerging economies in the 2000s: Real decoupling and financial recoupling, Journal of International Money and Finance, Elsevier (2012) View citations (44) (2012)
31. Fear of Appreciation
    MPRA Paper, University Library of Munich, Germany View citations (6)
    Also in Policy Research Working Paper Series, The World Bank (2007) View citations (50)
    Business School Working Papers, Universidad Torcuato Di Tella (2007) View citations (86)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2007) View citations (84)
    See also Journal Article Fear of appreciation, Journal of Development Economics, Elsevier (2013) View citations (107) (2013)
32. Fondo Latinoamericano de Reservas: diagnóstico
    Papers and Proceedings, Fondo Latino Americano de Reservas - FLAR

2011

33. Exchange Rate Regimes
    Business School Working Papers, Universidad Torcuato Di Tella View citations (4)
34. Risk Appetite and Emerging Market Spreads
    Business School Working Papers, Universidad Torcuato Di Tella

2010

35. Global Financial Safety Nets: Where Do We Go from Here?
    Business School Working Papers, Universidad Torcuato Di Tella View citations (10)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2010) View citations (3)
    See also Journal Article Global Financial Safety Nets: Where Do We Go from Here?, International Finance, Wiley Blackwell (2012) View citations (5) (2012)
36. US Rates and Emerging Markets Spreads
    Business School Working Papers, Universidad Torcuato Di Tella View citations (5)

2009

37. (The Effect of) Monetary and Exchange Rate Policies (on Development)
    Business School Working Papers, Universidad Torcuato Di Tella View citations (6)
38. Crises, Capital Controls, and Financial Integration
    Working Papers, eSocialSciences
    Also in Policy Research Working Paper Series, The World Bank (2008) View citations (7)
    See also Chapter Crises, Capital Controls and Financial Integration, Chapters, Edward Elgar Publishing (2010) (2010)
39. On the endogeneity of exchange rate regimes
    UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía View citations (37)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2006) View citations (35)
    Business School Working Papers, Universidad Torcuato Di Tella (2002) View citations (25)
    See also Journal Article On the endogeneity of exchange rate regimes, European Economic Review, Elsevier (2010) View citations (82) (2010)
40. Zooming in: from aggregate volatility to income distribution
    Policy Research Working Paper Series, The World Bank View citations (7)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2007) View citations (1)

2007

41. A reappraisal of state-owned banks
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (1)
    See also Journal Article A Reappraisal of State-Owned Banks, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2007) View citations (17) (2007)
42. Emerging market liquidity and crises
    Policy Research Working Paper Series, The World Bank View citations (4)
    See also Journal Article Emerging Market Liquidity and Crises, Journal of the European Economic Association, MIT Press (2008) View citations (26) (2008)

2006

43. Comments
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
44. Exchange Rate Regimes in the 2000s: A Latin American Perspective
    Business School Working Papers, Universidad Torcuato Di Tella
45. Factores mundiales y diferenciales de intereses en mercados emergentes
    Research Department Publications, Inter-American Development Bank, Research Department
46. Global Factors and Emerging Market Spreads
    Research Department Publications, Inter-American Development Bank, Research Department View citations (22)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2005) View citations (27)
    IDB Publications (Working Papers), Inter-American Development Bank (2006) View citations (7)
    See also Journal Article Global Factors and Emerging Market Spreads, Economic Journal, Royal Economic Society (2008) View citations (127) (2008)
47. International Financial Integration through the Law of One Price
    Business School Working Papers, Universidad Torcuato Di Tella View citations (13)
    Also in Policy Research Working Paper Series, The World Bank (2006) View citations (20)
48. Liquidity Insurance in a Financially Dollarized Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2006) View citations (8)
    See also Chapter Liquidity Insurance in a Financially Dollarized Economy, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (10) (2008)
49. Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries
    Business School Working Papers, Universidad Torcuato Di Tella View citations (9)
    See also Journal Article Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries, Open Economies Review, Springer (2009) View citations (18) (2009)
50. Sovereign Debt In The Americas: New Data and Stylized Facts
    Business School Working Papers, Universidad Torcuato Di Tella View citations (51)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2006) View citations (49)
    Working Papers Central Bank of Chile, Central Bank of Chile (2006) View citations (46)
51. The Cost of Reserves
    Business School Working Papers, Universidad Torcuato Di Tella View citations (13)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2006) View citations (19)
    See also Journal Article The cost of reserves, Economics Letters, Elsevier (2008) View citations (37) (2008)
52. The Elusive Costs of Sovereign Defaults
    Research Department Publications, Inter-American Development Bank, Research Department View citations (23)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2006) View citations (84)
    See also Journal Article The elusive costs of sovereign defaults, Journal of Development Economics, Elsevier (2011) View citations (137) (2011)

2005

53. A (New) Country Insurance Facility
    IMF Working Papers, International Monetary Fund View citations (16)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2005) View citations (14)
    See also Journal Article A (New) Country Insurance Facility, International Finance, Wiley Blackwell (2006) View citations (11) (2006)
54. Financial De-Dollarization: Is It for Real?
    Business School Working Papers, Universidad Torcuato Di Tella View citations (28)
    Also in IMF Working Papers, International Monetary Fund (2005) View citations (30)
55. Financial Dollarisation: Evaluating The Consequences
    Business School Working Papers, Universidad Torcuato Di Tella View citations (2)
    Also in Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (13)
    See also Journal Article Financial dollarization: evaluating the consequences, Economic Policy, CEPR, CESifo, Sciences Po (2006) View citations (191) (2006)
56. Managing Systemic Liquidity Risk in Financially Dollarized Economies
    IMF Working Papers, International Monetary Fund View citations (11)
57. Managing Systemic Liquidity Risk in Financially Dollarized Economy
    Business School Working Papers, Universidad Torcuato Di Tella View citations (5)

2004

58. Country Insurance
    IMF Working Papers, International Monetary Fund View citations (8)
    Also in Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (27)
    Econometric Society 2004 North American Summer Meetings, Econometric Society (2004) View citations (7)
    Business School Working Papers, Universidad Torcuato Di Tella (2004) View citations (4)
    See also Journal Article Country Insurance, IMF Staff Papers, Palgrave Macmillan (2005) View citations (4) (2005)
59. Dollars, Debt and the IFIs: Dedollarizing Multilateral Lending
    Business School Working Papers, Universidad Torcuato Di Tella View citations (4)
60. Flexible Exchange Rates as Shock Absorbers
    Business School Working Papers, Universidad Torcuato Di Tella View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (91)
    See also Journal Article Flexible exchange rates as shock absorbers, European Economic Review, Elsevier (2005) View citations (197) (2005)
61. Market Discipline in Emerging Economies: Beyond Bank Fundamentals
    Business School Working Papers, Universidad Torcuato Di Tella View citations (19)
62. Market Discipline under Systemic Risk: Evidence from Bank Runs in Emerging Economies
    Business School Working Papers, Universidad Torcuato Di Tella View citations (21)
    Also in Policy Research Working Paper Series, The World Bank (2004) View citations (16)
    Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (22)
63. Recurrent Debt Problems and International Safety Nets
    Business School Working Papers, Universidad Torcuato Di Tella
64. Should the Government Be in the Banking Business? The Role of State-Owned and Development Banks
    Research Department Publications, Inter-American Development Bank, Research Department View citations (57)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2004) View citations (9)
65. The FTAA And The Location Of FDI
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2003) View citations (2)
    Business School Working Papers, Universidad Torcuato Di Tella (2002) View citations (10)
66. ¿Debe el gobierno participar en la actividad bancaria? El papel de la banca propiedad del Estado y de la banca de fomento
    Research Department Publications, Inter-American Development Bank, Research Department

2003

67. Concentración y penetración foránea en los sectores bancarios latinoamericanos: repercusiones sobre la competencia y el riesgo
    Research Department Publications, Inter-American Development Bank, Research Department
68. Concentration and Foreign Penetration in Latin American Banking Sectors: Impact on Competition and Risk
    IDB Publications (Working Papers), Inter-American Development Bank View citations (8)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2003) View citations (35)
    Business School Working Papers, Universidad Torcuato Di Tella (2003) View citations (32)
    See also Journal Article Concentration and foreign penetration in Latin American banking sectors: Impact on competition and risk, Journal of Banking & Finance, Elsevier (2007) View citations (240) (2007)
69. El ALCA y el destino de la inversión extranjera directa
    Research Department Publications, Inter-American Development Bank, Research Department
70. El ALCA y la Ubicación de la IED
    IDB Publications (Working Papers), Inter-American Development Bank
71. Endogenous Deposit Dollarization
    Business School Working Papers, Universidad Torcuato Di Tella View citations (25)
    Also in Staff Reports, Federal Reserve Bank of New York (2003) View citations (17)
    See also Journal Article Endogenous Deposit Dollarization, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (30) (2006)
72. Financial Dedollarization: A Carrot and Stick Approach
    Business School Working Papers, Universidad Torcuato Di Tella View citations (29)
73. Financial Dollarization and Debt Deflation under a Currency Board
    Working Papers, Universidad de San Andres, Departamento de Economia View citations (53)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2003) View citations (17)
    See also Journal Article Financial dollarization and debt deflation under a currency board, Emerging Markets Review, Elsevier (2003) View citations (52) (2003)
74. La integración regional y la ubicación de la inversión extranjera directa
    Research Department Publications, Inter-American Development Bank, Research Department
75. La naturaleza cíclica de los flujos norte-sur de inversión extranjera directa
    Research Department Publications, Inter-American Development Bank, Research Department
76. Living and Dying with Hard Pegs: The Rise and Fall of Argentina´s Currency Board
    Business School Working Papers, Universidad Torcuato Di Tella View citations (72)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (1)
    Policy Research Working Paper Series, The World Bank (2003) View citations (66)
    See also Journal Article Living and Dying with Hard Pegs: The Rise and Fall of Argentina’s Currency Board, Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2003) View citations (73) (2003)
77. Regional Integration and the Location of FDI
    Research Department Publications, Inter-American Development Bank, Research Department View citations (40)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2003) View citations (76)
78. The Cyclical Nature of North-South FDI Flows
    IDB Publications (Working Papers), Inter-American Development Bank View citations (2)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2003) View citations (2)
    Business School Working Papers, Universidad Torcuato Di Tella (2002) View citations (9)
    See also Journal Article The cyclical nature of North-South FDI flows, Journal of International Money and Finance, Elsevier (2007) View citations (94) (2007)
79. The Price of Inconvertible Deposits: The Stock Market Boom during the Argentine crisis"
    Business School Working Papers, Universidad Torcuato Di Tella View citations (5)
    Also in Policy Research Working Paper Series, The World Bank (2003) View citations (5)
    See also Journal Article The price of inconvertible deposits: the stock market boom during the Argentine crisis, Economics Letters, Elsevier (2004) View citations (25) (2004)

2002

80. Financial globalization: Unequal blessings
    Business School Working Papers, Universidad Torcuato Di Tella View citations (17)
    Also in Policy Research Working Paper Series, The World Bank (2002) View citations (18)
    See also Journal Article Financial Globalization: Unequal Blessings, International Finance, Wiley Blackwell (2002) View citations (14) (2002)

1999

81. Bank Bailouts: Moral Hazard vs. Value Effect
    IMF Working Papers, International Monetary Fund View citations (20)
    See also Journal Article Bank bailouts: moral hazard vs. value effect, Journal of Financial Intermediation, Elsevier (2003) View citations (164) (2003)
82. Global Moral Hazard, Capital Account Liberalization and the “Overlending Syndrome”
    IMF Working Papers, International Monetary Fund View citations (3)

1998

83. Crises, Contagion, and the Closed: End Country Fund Puzzle
    IMF Working Papers, International Monetary Fund View citations (3)
    See also Journal Article Crises, Contagion, and the Closed-End Country Fund Puzzle, IMF Staff Papers, Palgrave Macmillan (2000) View citations (14) (2000)
84. Dollarization of Financial Intermediation: Causes and Policy Implications
    IMF Working Papers, International Monetary Fund View citations (56)
85. Financial Opening, Deposit Insurance and Risk in a Model of Banking Competition
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (24)
    Also in IMF Working Papers, International Monetary Fund (1998) View citations (10)
    See also Journal Article Financial opening, deposit insurance, and risk in a model of banking competition, European Economic Review, Elsevier (2002) View citations (103) (2002)
86. Public Disclosure and Bank Failures
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (89)
    Also in IMF Working Papers, International Monetary Fund (1997) View citations (5)
    See also Journal Article Public Disclosure and Bank Failures, IMF Staff Papers, Palgrave Macmillan (1998) View citations (79) (1998)

1996

87. Investment in Inflationary Economies
    IMF Working Papers, International Monetary Fund View citations (1)

Undated

88. Financial Dollarization and Debt Deflation Under a Currency Board: The Case of Argentina
    DCBSLA Series, Inter-American Development Bank, Research Department View citations (6)

Journal Articles

2023

1. A balance‐sheet approach to fiscal sustainability
   Fiscal Studies, 2023, 44, (1), 61-84 View citations (1)
   See also Working Paper A Balance-Sheet Approach to Fiscal Sustainability, Working Papers (2021) (2021)
2. How ETFs Amplify the Global Financial Cycle in Emerging Markets
   The Review of Financial Studies, 2023, 36, (9), 3423-3462 View citations (1)
   See also Working Paper How ETFs amplify the global financial cycle in emerging markets, Working Papers (2021) (2021)
3. State-owned enterprises: in search for a new consensus
   Journal of Economic Policy Reform, 2023, 26, (1), 82-96
   See also Working Paper State-owned Enterprises: In Search for a New Consensus, Working Papers (2022) (2022)

2022

4. Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves
   Open Economies Review, 2022, 33, (5), 853-877
   See also Working Paper Leaning-against-the-wind Intervention and the “Carry-Trade” View of the Cost of Reserves, Working Papers (2022) (2022)

2016

5. On the effectiveness of exchange rate interventions in emerging markets
   Journal of International Money and Finance, 2016, 64, (C), 239-261 View citations (53)
   See also Working Paper On the Effectiveness of Exchange Rate Interventions in Emerging Markets, OECD Development Centre Working Papers (2014) View citations (25) (2014)

2015

6. CATalytic insurance: the case of natural disasters
   Oxford Review of Economic Policy, 2015, 31, (3-4), 330-349 View citations (3)
   See also Working Paper CATalytic Insurance: The Case for Natural Disasters, CID Working Papers (2015) View citations (3) (2015)

2014

7. Financial Globalization in Emerging Economies: Much Ado About Nothing?
   Economía Journal, 2014, Volume 14 Number 2, (Spring 2014), 91-131 View citations (12)
   See also Working Paper Financial globalization in emerging economies: much ado about nothing?, LSE Research Online Documents on Economics (2014) (2014)

2013

8. Cosas que aprendimos de las crisis
   Monetaria, 2013, XXXV, (1), 217-250
   See also Working Paper Cosas que aprendimos de las crisis, Business School Working Papers (2012) (2012)
9. Fear of appreciation
   Journal of Development Economics, 2013, 101, (C), 233-247 View citations (107)
   See also Working Paper Fear of Appreciation, MPRA Paper (2012) View citations (6) (2012)
10. Things We Learn from Crises
    Monetaria, 2013, XXXV, (1), 199-230

2012

11. Emerging economies in the 2000s: Real decoupling and financial recoupling
    Journal of International Money and Finance, 2012, 31, (8), 2102-2126 View citations (44)
    See also Working Paper Emerging economies in the 2000s: real decoupling and financial recoupling, Policy Research Working Paper Series (2012) View citations (47) (2012)
12. Exchange rate undervaluation and economic growth: Díaz Alejandro (1965) revisited
    Economics Letters, 2012, 117, (3), 666-672 View citations (61)
13. Global Financial Safety Nets: Where Do We Go from Here?
    International Finance, 2012, 15, (1), 37-68 View citations (5)
    See also Working Paper Global Financial Safety Nets: Where Do We Go from Here?, Business School Working Papers (2010) View citations (10) (2010)

2011

14. The elusive costs of sovereign defaults
    Journal of Development Economics, 2011, 94, (1), 95-105 View citations (137)
    See also Working Paper The Elusive Costs of Sovereign Defaults, Research Department Publications (2006) View citations (23) (2006)

2010

15. Depositor Behavior under Macroeconomic Risk: Evidence from Bank Runs in Emerging Economies
    Journal of Money, Credit and Banking, 2010, 42, (4), 585-614 View citations (10)
    Also in Journal of Money, Credit and Banking, 2010, 42, (4), 585-614 (2010) View citations (47)
16. On the endogeneity of exchange rate regimes
    European Economic Review, 2010, 54, (5), 659-677 View citations (82)
    See also Working Paper On the endogeneity of exchange rate regimes, UC3M Working papers. Economics (2009) View citations (37) (2009)

2009

17. International financial integration through the law of one price: The role of liquidity and capital controls
    Journal of Financial Intermediation, 2009, 18, (3), 432-463 View citations (35)
18. Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries
    Open Economies Review, 2009, 20, (4), 489-507 View citations (18)
    See also Working Paper Optimal Debt? On the Insurance Value of International Debt Flows to Developing Countries, Business School Working Papers (2006) View citations (9) (2006)
19. The New Global Equilibrium
    Ensayos Económicos, 2009, 1, (53-54), 167-185

2008

20. Emerging Market Liquidity and Crises
    Journal of the European Economic Association, 2008, 6, (2-3), 668-682 View citations (26)
    See also Working Paper Emerging market liquidity and crises, Policy Research Working Paper Series (2007) View citations (4) (2007)
21. Global Factors and Emerging Market Spreads
    Economic Journal, 2008, 118, (533), 1917-1936 View citations (127)
    Also in Economic Journal, 2008, 118, (533), 1917-1936 (2008) View citations (24)
    See also Working Paper Global Factors and Emerging Market Spreads, Research Department Publications (2006) View citations (22) (2006)
22. The cost of reserves
    Economics Letters, 2008, 100, (1), 39-42 View citations (37)
    See also Working Paper The Cost of Reserves, Business School Working Papers (2006) View citations (13) (2006)

2007

23. A Reappraisal of State-Owned Banks
    Economía Journal, 2007, Volume 7 Number 2, (Spring 2007), 209-259 View citations (17)
    See also Working Paper A reappraisal of state-owned banks, LSE Research Online Documents on Economics (2007) View citations (1) (2007)
24. Concentration and foreign penetration in Latin American banking sectors: Impact on competition and risk
    Journal of Banking & Finance, 2007, 31, (6), 1633-1647 View citations (240)
    See also Working Paper Concentration and Foreign Penetration in Latin American Banking Sectors: Impact on Competition and Risk, IDB Publications (Working Papers) (2003) View citations (8) (2003)
25. Dollars, Debt, and International Financial Institutions: Dedollarizing Multilateral Lending
    The World Bank Economic Review, 2007, 21, (1), 21-47
26. The cyclical nature of North-South FDI flows
    Journal of International Money and Finance, 2007, 26, (1), 104-130 View citations (94)
    See also Working Paper The Cyclical Nature of North-South FDI Flows, IDB Publications (Working Papers) (2003) View citations (2) (2003)

2006

27. A (New) Country Insurance Facility
    International Finance, 2006, 9, (1), 1-36 View citations (11)
    See also Working Paper A (New) Country Insurance Facility, IMF Working Papers (2005) View citations (16) (2005)
28. Endogenous Deposit Dollarization
    Journal of Money, Credit and Banking, 2006, 38, (4), 963-988 View citations (30)
    See also Working Paper Endogenous Deposit Dollarization, Business School Working Papers (2003) View citations (25) (2003)
29. Financial dollarization: evaluating the consequences
    (A simple model of monetary policy and currency crises)
    Economic Policy, 2006, 21, (45), 62-118 View citations (191)
    See also Working Paper Financial Dollarisation: Evaluating The Consequences, Business School Working Papers (2005) View citations (2) (2005)

2005

30. Classifying exchange rate regimes: Deeds vs. words
    European Economic Review, 2005, 49, (6), 1603-1635 View citations (556)
31. Country Insurance
    IMF Staff Papers, 2005, 52, (si), 6 View citations (4)
    See also Working Paper Country Insurance, IMF Working Papers (2004) View citations (8) (2004)
32. Flexible exchange rates as shock absorbers
    European Economic Review, 2005, 49, (8), 2079-2105 View citations (197)
    See also Working Paper Flexible Exchange Rates as Shock Absorbers, Business School Working Papers (2004) View citations (4) (2004)

2004

33. The price of inconvertible deposits: the stock market boom during the Argentine crisis
    Economics Letters, 2004, 83, (1), 7-13 View citations (25)
    See also Working Paper The Price of Inconvertible Deposits: The Stock Market Boom during the Argentine crisis", Business School Working Papers (2003) View citations (5) (2003)

2003

34. Bank bailouts: moral hazard vs. value effect
    Journal of Financial Intermediation, 2003, 12, (4), 300-330 View citations (164)
    See also Working Paper Bank Bailouts: Moral Hazard vs. Value Effect, IMF Working Papers (1999) View citations (20) (1999)
35. Financial dollarization
    Journal of International Economics, 2003, 59, (2), 323-347 View citations (195)
36. Financial dollarization and debt deflation under a currency board
    Emerging Markets Review, 2003, 4, (4), 340-367 View citations (52)
    See also Working Paper Financial Dollarization and Debt Deflation under a Currency Board, Working Papers (2003) View citations (53) (2003)
37. Living and Dying with Hard Pegs: The Rise and Fall of Argentina’s Currency Board
    Economía Journal, 2003, Volume 3 Number 2, (Spring 2003), 43-108 View citations (73)
    See also Working Paper Living and Dying with Hard Pegs: The Rise and Fall of Argentina´s Currency Board, Business School Working Papers (2003) View citations (72) (2003)
38. On the impact of a common currency on bilateral trade
    Economics Letters, 2003, 79, (1), 125-129 View citations (31)
39. To Float or to Fix: Evidence on the Impact of Exchange Rate Regimes on Growth
    American Economic Review, 2003, 93, (4), 1173-1193 View citations (431)

2002

40. Financial Globalization: Unequal Blessings
    International Finance, 2002, 5, (3), 335-357 View citations (14)
    See also Working Paper Financial globalization: Unequal blessings, Business School Working Papers (2002) View citations (17) (2002)
41. Financial opening, deposit insurance, and risk in a model of banking competition
    European Economic Review, 2002, 46, (3), 471-485 View citations (103)
    See also Working Paper Financial Opening, Deposit Insurance and Risk in a Model of Banking Competition, CEPR Discussion Papers (1998) View citations (24) (1998)

2000

42. Crises, Contagion, and the Closed-End Country Fund Puzzle
    IMF Staff Papers, 2000, 47, (1), 3 View citations (14)
    See also Working Paper Crises, Contagion, and the Closed: End Country Fund Puzzle, IMF Working Papers (1998) View citations (3) (1998)
43. Implications of the euro for Latin America's financial and banking systems
    Emerging Markets Review, 2000, 1, (1), 53-81 View citations (16)
44. Is EMU a Blueprint for Mercosur?
    Latin American Journal of Economics-formerly Cuadernos de Economía, 2000, 37, (110), 63-99 View citations (22)

1998

45. Public Disclosure and Bank Failures
    IMF Staff Papers, 1998, 45, (1), 110-131 View citations (79)
    See also Working Paper Public Disclosure and Bank Failures, CEPR Discussion Papers (1998) View citations (89) (1998)

Books

2007

1. Regímenes cambiarios en el período 2000-2005: una perspectiva latinoamericana
   Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

2005

2. Unlocking Credit: The Quest for Deep and Stable Bank Lending. Economic and Social Progress in Latin America. 2005 Report
   IDB Publications (Books), Inter-American Development Bank View citations (8)

Chapters

2023

1. Sovereign Debt Management
   Chapter 6 in Dealing with Debt, 2023, pp 123-160
   See also Working Paper Sovereign Debt Management, Red Nacional de Investigadores en Economía (RedNIE) (2023) (2023)

2020

2. COVID-19 in Latin America: How is it different than in advanced economies?
   Chapter 1 in COVID-19 in Developing Economies, 2020, vol. 1, pp 100-111 View citations (4)
3. The Cost of Holding Foreign Exchange Reserves
   Springer View citations (1)
   See also Working Paper The cost of holding foreign exchange reserves, Red Nacional de Investigadores en Economía (RedNIE) (2021) (2021)

2010

4. Crises, Capital Controls and Financial Integration
   Chapter 6 in Managing Capital Flows, 2010
   See also Working Paper Crises, Capital Controls, and Financial Integration, eSocialSciences (2009) (2009)
5. Monetary and Exchange Rate Policies
   Elsevier View citations (22)

2009

6. Fear of Appreciation: Exchange Rate Policy as a Development Strategy
   Chapter 5 in Monetary Policy Frameworks for Emerging Markets, 2009 View citations (2)

2008

7. Liquidity Insurance in a Financially Dollarized Economy
   A chapter in Financial Markets Volatility and Performance in Emerging Markets, 2008, pp 185-218 View citations (10)
   See also Working Paper Liquidity Insurance in a Financially Dollarized Economy, National Bureau of Economic Research, Inc (2006) View citations (12) (2006)