 | Dominant Currencies and External Adjustment Author/Editor: Gustavo Adler, Camila Casas, Luis M Cubeddu, Gita Gopinath, Nan Li, Sergii Meleshchuk, Carolina Osorio Buitron, Damien Puy, Yannick Timmer. Release Date:July, 2020 The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency financing) has come to the forefront of more...
| Price: $10.00
|
 | Foreign Demand and Local House Prices: Evidence from the US Author/Editor: Damien Puy, Anil Ari, Yu Shi. Release Date:February, 2020 We test whether foreign demand matters for local house prices in the US using an identification strategy based on the existence of “home bias abroad” in international real estate markets. more...
| Price: $18.00
|
| Discerning Good from Bad Credit Booms : The Role of Construction Author/Editor: Giovanni Dell'Ariccia, Ehsan Ebrahimy, Deniz O Igan, Damien Puy. Release Date:February, 2020 Credit booms are a focal point for policymakers and scholars of financial crises. Yet our understanding of how the real sector behaves during booms, and why some booms may go bad, is limited. Despite more...
| Price: $10.00
|
| One Ring to Rule Them All? New Evidence on World Cycles Author/Editor: Eric Monnet, Damien Puy. Release Date:September, 2019 We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives and covering a large set of advanced and emerging economies since 1950. World more...
| Price: $18.00
|
| Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle Author/Editor: Eric Monnet, Damien Puy. Release Date:July, 2019 Why did monetary authorities hold large gold reserves under Bretton Woods (1944–1971) when only the US had to? We argue that gold holdings were driven by institutional memory and persistent habits more...
| Price: $18.00
|
| Media Sentiment and International Asset Prices Author/Editor: Samuel P Fraiberger, Do Lee, Damien Puy, Romain Ranciere. Release Date:December, 2018 We assess the impact of media sentiment on international equity prices using more than 4.5 million Reuters articles published across the globe between 1991 and 2015. News sentiment robustly predicts more...
| Price: $18.00
|
| Macroeconomic and Distributional Effects of Personal Income Tax Reforms : A Heterogenous Agent Model Approach for the U.S Author/Editor: Sandra V Lizarazo Ruiz, Adrian Peralta-Alva, Damien Puy. Release Date:September, 2017 This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U.S. drawing on a multi-sector heterogenous agents model in which consumers have more...
| Price: $18.00
|
| Has Globalization Really Increased Business Cycle Synchronization? Author/Editor: Eric Monnet, Damien Puy. Release Date:March, 2016 This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common more...
| Price: $18.00
|
| Push Factors and Capital Flows to Emerging Markets : Why Knowing Your Lender Matters More Than Fundamentals Author/Editor: Eugenio Cerutti, Stijn Claessens, Damien Puy. Release Date:June, 2015 This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs).We first confirm that aggregate inflows to EMs co-move considerably. We then report threefindings: (i) the more...
| Price: $18.00
|
| Demand Composition and Income Distribution Author/Editor: David Pothier, Damien Puy. Release Date:December, 2014 This paper highlights how changes in the composition of demand affect income dispersionin the short run. We first document how the share of aggregate spending dedicated tolabour-intensive goods and more...
| Price: $18.00
|
|
Help