Author/Editor: Barry J Eichengreen, Balazs Csonto, Asmaa A ElGanainy, Zsoka Koczan.

Release Date:January, 2021

We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and more...

Author/Editor: Balazs Csonto, Tryggvi Gudmundsson.

Release Date:August, 2020

Emerging markets (EMs) often respond to shocks by intervening in foreign exchange (FX) markets and thus preventing full exchange rate adjustment. This response can serve to dampen the effect of more...

Author/Editor: Balazs Csonto, Yuxuan Huang, Camilo E Tovar Mora.

Release Date:December, 2019

This paper examines the extent to which digitalization—measured by a new proxy based on IP addresses allocations per country—has influenced inflation dynamics in a sample of 36 advanced and more...

Author/Editor: Balazs Csonto, Alejandro D Guerson, Alla Myrvoda, Emefa Sewordor.

Release Date:July, 2018

This paper applies network analysis to assess the extent of systemic vulnerabilities in the ECCU banking system. It includes two sets of illustrative stress tests. First, solvency and liquidity more...

Author/Editor: Balazs Csonto, Camilo E Tovar Mora.

Release Date:July, 2017

Uphill capital flows constitute a key transmission channel through which reserve accumulation can distort the stability of the international monetary system. This paper examines and quantifies the more...

Author/Editor: Balazs Csonto, Iryna V Ivaschenko.

Release Date:July, 2013

We analyze the relationship between global and country-specific factors and emerging market debt spreads from three different angles. First, we aim to disentangle the effect of global and more...