 | Handle with Care: Regulatory Easing in Times of COVID-19 Author/Editor: Fabian Valencia, Richard Varghese, Weijia Yao, Juan Yepez. Release Date:February, 2021 The policy response to the COVID-19 shock included regulatory easing across many jurisdictions to facilitate the flow of credit to the economy and mitigate a further ampli-fication of the shock more...
| Price: $5.00
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| Systemic Banking Crises Revisited Author/Editor: Luc Laeven, Fabian Valencia. Release Date:September, 2018 This paper updates the database on systemic banking crises presented in Laeven and Valencia (2008, 2013). Drawing on 151 systemic banking crises episodes around the globe during 1970-2017, the more...
| Price: $18.00
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| Welfare Gains from Market Insurance: The Case of Mexican Oil Price Risk Author/Editor: Chang Ma, Fabian Valencia. Release Date:March, 2018 Over the past two decades, Mexico has hedged oil price risk through the purchase of put
options. We examine the resulting welfare gains using a standard sovereign default model
calibrated more...
| Price: $18.00
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| Monetary Policy Credibility and Exchange Rate Pass-Through Author/Editor: Yan Carriere-Swallow, Bertrand Gruss, Nicolas E Magud, Fabian Valencia. Release Date:December, 2016 A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced more...
| Price: $18.00
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| Corporate Investment in Emerging Markets : Financing vs. Real Options Channel Author/Editor: Delong Li, Nicolas E. Magud, Fabian Valencia. Release Date:December, 2015 We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes in global interest rates and volatility. We test for the presence of (i) a more...
| Price: $18.00
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| Made in Mexico:Energy Reform and Manufacturing Growth Author/Editor: Jorge A Alvarez, Fabian Valencia. Release Date:February, 2015 This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output through changes in energy prices. Using sub-sector and state-level manufacturing more...
| Price: $20.00
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 | Monetary Policy in the New Normal Author/Editor: Tamim Bayoumi, Giovanni Dell'Ariccia, Karl F Habermeier, Tommaso Mancini Griffoli, Fabian Valencia. Release Date:April, 2014 The proposed SDN would take stock of the current debate on the shape that monetary policy should take after the crisis. It revisits the pros and cons of expanding the objectives of monetary policy, more...
| Price: $10.00
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 | Financial Crises : Causes, Consequences, and Policy Responses Author/Editor: Stijn Claessens, Ayhan Kose, Luc Laeven, Fabian Valencia. Release Date:February, 2014 The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, more...
| Price: $40.00
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| Aggregate Uncertainty and the Supply of Credit Author/Editor: Fabian Valencia. Release Date:December, 2013 Recent studies show that uncertainty shocks have quantitatively important effects on the real economy. This paper examines one particular channel at work: the supply of credit. It presents a model in more...
| Price: $18.00
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 | Systemic Banking Crises Database: An Update Author/Editor: Luc Laeven, Fabian Valencia. Release Date:June, 2012 We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes more...
| Price: $18.00
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