Details about Linda S. Goldberg

Workplace:

Research and Statistics Group, Federal Reserve Bank of New York, (more information at EDIRC)

Access statistics for papers by Linda S. Goldberg.

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

Short-id: pgo256

---

Jump to Journal Articles Books Edited books Chapters

Working Papers

2024

1. Drivers of Dollar Share in Foreign Exchange Reserves
   Staff Reports, Federal Reserve Bank of New York
2. International Banking and Nonbank Financial Intermediation: Global Liquidity, Regulation, and Implications
   Staff Reports, Federal Reserve Bank of New York
3. Taking Stock: Dollar Assets, Gold, and Official Foreign Exchange Reserves
   Liberty Street Economics, Federal Reserve Bank of New York
4. Third Conference on the International Roles of the U.S. Dollar
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
5. Towards Increasing Complexity: The Evolution of the FX Market
   Liberty Street Economics, Federal Reserve Bank of New York
6. Trade Uncertainty and U.S. Bank Lending
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
   Also in Staff Reports, Federal Reserve Bank of New York (2023)
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2023)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   NBER Working Papers, National Bureau of Economic Research, Inc (2023)
7. Transcript of Linda Goldberg on the EconoFact Chats Podcast
   Speech, Federal Reserve Bank of New York

2023

8. 2nd Annual International Roles of the U.S. Dollar Conference
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
9. Does Trade Uncertainty Affect Bank Lending?
   Liberty Street Economics, Federal Reserve Bank of New York
10. Financial Sanctions, SWIFT, and the Architecture of the International Payment System
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Staff Reports, Federal Reserve Bank of New York (2023) View citations (1)
    See also Journal Article Financial Sanctions, SWIFT, and the Architecture of the International Payment System, Journal of Economic Perspectives, American Economic Association (2023) View citations (3) (2023)
11. Global Liquidity: Drivers, Volatility and Toolkits
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (2)
    Speech, Federal Reserve Bank of New York (2022)
    Staff Reports, Federal Reserve Bank of New York (2023) View citations (2)
    See also Journal Article Global Liquidity: Drivers, Volatility and Toolkits, IMF Economic Review, Palgrave Macmillan (2024) (2024)
12. International Capital Flow Pressures and Global Factors
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Staff Reports, Federal Reserve Bank of New York (2023) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2023) View citations (5)
    See also Journal Article International capital flow pressures and global factors, Journal of International Economics, Elsevier (2023) (2023)
    Chapter International Capital Flow Pressures and Global Factors, NBER Chapters, National Bureau of Economic Research, Inc (2022) (2022)

2022

13. Do Exchange Rates Fully Reflect Currency Pressures?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
14. The Fed's International Dollar Liquidity Facilities: New Evidence on Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
15. The Fed’s International Dollar Liquidity Facilities: New Evidence on Effects
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
16. The Fed’s Inaugural Conference on the International Roles of the U.S. Dollar
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2022)
17. The U.S. Dollar’s Global Roles: Revisiting Where Things Stand
    Liberty Street Economics, Federal Reserve Bank of New York

2021

18. COVID Response: The Fed’s Central Bank Swap Lines and FIMA Repo Facility
    Staff Reports, Federal Reserve Bank of New York
19. Complexity and Riskiness of Banking Organizations: Evidence from the International Banking Research Network
    Staff Reports, Federal Reserve Bank of New York View citations (5)
20. Do the Fed’s International Dollar Liquidity Facilities Affect Offshore Dollar Funding Markets and Credit?
    Liberty Street Economics, Federal Reserve Bank of New York
21. Will Capital Flows through Global Banks Support Economic Recovery?
    Liberty Street Economics, Federal Reserve Bank of New York

2020

22. Bank Complexity, Governance, and Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (10)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2020) View citations (13)
    See also Journal Article Bank complexity, governance, and risk, Journal of Banking & Finance, Elsevier (2022) View citations (7) (2022)
23. Have the Fed Swap Lines Reduced Dollar Funding Strains during the COVID-19 Outbreak?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (6)
24. Have the Risk Profiles of Large U.S. Bank Holding Companies Changed?
    Liberty Street Economics, Federal Reserve Bank of New York
25. How Fed Swap Lines Supported the U.S. Corporate Credit Market amid COVID-19 Strains
    Liberty Street Economics, Federal Reserve Bank of New York

2019

26. Complexity in large U.S. banks
    Staff Reports, Federal Reserve Bank of New York View citations (1)
    See also Journal Article Complexity in Large U.S. Banks, Economic Policy Review, Federal Reserve Bank of New York (2020) View citations (5) (2020)
27. The U.S. Dollar's Global Roles: Where Do Things Stand?
    Liberty Street Economics, Federal Reserve Bank of New York

2018

28. Complexity in banking: stock-taking and the way forward: presentation at the Central Bank of Ireland’s Global Financial Linkages Conference
    Speech, Federal Reserve Bank of New York
29. Have the Biggest U.S. Banks Become Less Complex?
    Liberty Street Economics, Federal Reserve Bank of New York
30. International Capital Flow Pressures
    IMF Working Papers, International Monetary Fund View citations (31)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (31)
    Staff Reports, Federal Reserve Bank of New York (2018) View citations (23)
31. The International Transmission of Monetary Policy
    CESifo Working Paper Series, CESifo View citations (26)
    Also in Discussion Papers, Deutsche Bundesbank (2018) View citations (27)
    NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (38)
    Bank of England working papers, Bank of England (2018) View citations (41)
    Staff Reports, Federal Reserve Bank of New York (2018) View citations (23)
    See also Journal Article The international transmission of monetary policy, Journal of International Money and Finance, Elsevier (2019) View citations (51) (2019)

2017

32. Cross-border prudential policy spillovers: How much? How important? Evidence from the international banking research network
    Discussion Papers, Deutsche Bundesbank View citations (104)
    Also in Staff Reports, Federal Reserve Bank of New York (2016) View citations (31)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (49)
    See also Journal Article Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network, International Journal of Central Banking, International Journal of Central Banking (2017) View citations (61) (2017)
33. The Shifting Drivers of Global Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (57)
    Staff Reports, Federal Reserve Bank of New York (2017) View citations (27)
    BIS Working Papers, Bank for International Settlements (2017) View citations (62)
    See also Journal Article The shifting drivers of global liquidity, Journal of International Economics, Elsevier (2020) View citations (51) (2020)
34. U.S. Monetary Policy as a Changing Driver of Global Liquidity
    Liberty Street Economics, Federal Reserve Bank of New York

2016

35. International Banking and Cross-Border Effects of Regulation: Lessons from the United States
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (18)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (18)
    Staff Reports, Federal Reserve Bank of New York (2016) View citations (12)
    See also Journal Article International Banking and Cross-Border Effects of Regulation: Lessons from the United States, International Journal of Central Banking, International Journal of Central Banking (2017) View citations (35) (2017)
36. Organizational Complexity and Balance Sheet Management in Global Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
    Also in Staff Reports, Federal Reserve Bank of New York (2016) View citations (27)

2015

37. U.S. Banks' Changing Footprint at Home and Abroad
    Liberty Street Economics, Federal Reserve Bank of New York

2014

38. Cross-Country Evidence on Transmission of Liquidity Risk through Global Banks
    Liberty Street Economics, Federal Reserve Bank of New York
39. How Do Liquidity Conditions Affect U.S. Bank Lending?
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in IFDP Notes, Board of Governors of the Federal Reserve System (U.S.) (2014)
40. International Banking and Liquidity Risk Transmission: Lessons from Across Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    Also in Staff Reports, Federal Reserve Bank of New York (2014) View citations (12)
    Discussion Papers, Deutsche Bundesbank (2014) View citations (29)
    See also Journal Article International Banking and Liquidity Risk Transmission: Lessons from Across Countries, IMF Economic Review, Palgrave Macmillan (2015) View citations (85) (2015)
41. Liquidity Risk and U.S. Bank Lending at Home and Abroad
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (3)
    Staff Reports, Federal Reserve Bank of New York (2014) View citations (8)
42. Measuring Global Bank Complexity
    Liberty Street Economics, Federal Reserve Bank of New York View citations (18)

2013

43. A Bargaining Theory of Trade Invoicing and Pricing
    IHEID Working Papers, Economics Section, The Graduate Institute of International Studies View citations (33)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (22)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2013) View citations (31)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (36)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (37)
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2013) View citations (37)
44. Banking Globalization, Transmission, and Monetary Policy Autonomy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (31)
45. Ring-Fencing and “Financial Protectionism” in International Banking
    Liberty Street Economics, Federal Reserve Bank of New York
46. Time Variation in Asset Price Responses to Macro Announcements
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (29)
    Working Papers, Swiss National Bank (2013) View citations (40)
47. What’s News?
    Liberty Street Economics, Federal Reserve Bank of New York

2012

48. Follow That Money! How Global Banks Manage Liquidity Globally
    Liberty Street Economics, Federal Reserve Bank of New York
49. Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (115)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (90)
    See also Journal Article Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession, American Economic Review, American Economic Association (2012) View citations (115) (2012)
50. How Has the Business of International Banking Changed?
    Liberty Street Economics, Federal Reserve Bank of New York

2011

51. Global Banks and Their Internal Capital Markets during the Crisis
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
52. Liquidity management of U.S. global banks: Internal capital markets in the great recession
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in Staff Reports, Federal Reserve Bank of New York (2011) View citations (7)
    See also Journal Article Liquidity management of U.S. global banks: Internal capital markets in the great recession, Journal of International Economics, Elsevier (2012) View citations (226) (2012)
    Chapter Liquidity Management of US Global Banks: Internal Capital Markets in the Great Recession, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (10) (2011)
53. The international role of the dollar: Does it matter if this changes?
    Staff Reports, Federal Reserve Bank of New York View citations (13)
54. What If the U.S. Dollar's Global Role Changed?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
55. Why Did U.S. Branches of Foreign Banks Borrow at the Discount Window during the Crisis?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (6)

2010

56. Central Bank Dollar Swap Lines and Overseas Dollar Funding Costs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (82)
    Also in Staff Reports, Federal Reserve Bank of New York (2010) View citations (40)
    See also Journal Article Central bank dollar swap lines and overseas dollar funding costs, Economic Policy Review, Federal Reserve Bank of New York (2011) View citations (45) (2011)
57. Global Banks and International Shock Transmission: Evidence from the Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (88)
    Also in Staff Reports, Federal Reserve Bank of New York (2010) View citations (53)
    See also Journal Article Global Banks and International Shock Transmission: Evidence from the Crisis, IMF Economic Review, Palgrave Macmillan (2011) View citations (560) (2011)
58. Micro, Macro, and Strategic Forces in International Trade Invoicing
    Working Papers, Hong Kong Institute for Monetary Research View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (47)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (46)
    Staff Reports, Federal Reserve Bank of New York (2009) View citations (17)

2009

59. Globalized banks: lending to emerging markets in the crisis
    Staff Reports, Federal Reserve Bank of New York View citations (14)
60. The dynamics of international trade invoicing
    2009 Meeting Papers, Society for Economic Dynamics View citations (2)

2008

61. Banking Globalization, Monetary Transmission, and the Lending Channel
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (74)
    Also in Staff Reports, Federal Reserve Bank of New York (2008) View citations (35)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (64)
62. Macroeconomic Interdependence and the International Role of the Dollar
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (14)
    Staff Reports, Federal Reserve Bank of New York (2008) View citations (15)
    See also Journal Article Macroeconomic interdependence and the international role of the dollar, Journal of Monetary Economics, Elsevier (2009) View citations (68) (2009)

2007

63. Establishing Credibility: Evolving Perceptions of the European Central Bank
    The Institute for International Integration Studies Discussion Paper Series, IIIS
    Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations (25)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (34)
    The Institute for International Integration Studies Discussion Paper Series, IIIS (2005) View citations (30)

2006

64. Distribution Margins, Imported Inputs and the Insensitivity of the CPI to Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (62)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (97)
    IESE Research Papers, IESE Business School (2006) View citations (91)
    Staff Reports, Federal Reserve Bank of New York (2006) View citations (66)
65. Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (58)
    Also in IESE Research Papers, IESE Business School (2006) View citations (52)
    Staff Reports, Federal Reserve Bank of New York (2006) View citations (36)
    See also Chapter Pass-Through of Exchange Rates to Consumption Prices: What Has Changed and Why?, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (8) (2008)
66. Risks in U.S. bank international exposures
    Staff Reports, Federal Reserve Bank of New York View citations (3)
    See also Chapter Risks in U.S. Bank International Exposures, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2006) View citations (1) (2006)
67. The International Role of the Dollar and Trade Balance Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
68. The internationalization of the dollar and trade balance adjustment
    Staff Reports, Federal Reserve Bank of New York View citations (7)

2005

69. Exchange Rate Pass-Through to Import Prices in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (172)
    Also in IESE Research Papers, IESE Business School (2005) View citations (179)
    Working Papers, Banco de España (2005) View citations (167)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (171)
    Staff Reports, Federal Reserve Bank of New York (2005) View citations (102)
70. The International Exposure of U.S. Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
71. Trade Invoicing in the Accession Countries: Are They Suited to the Euro?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations (6)
    See also Chapter Trade Invoicing in the Accession Countries: Are They Suited to the Euro?, NBER Chapters, National Bureau of Economic Research, Inc (2005) View citations (13) (2005)
72. Vehicle Currency Use in International Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (74)
    Also in Staff Reports, Federal Reserve Bank of New York (2005) View citations (61)
    See also Journal Article Vehicle currency use in international trade, Journal of International Economics, Elsevier (2008) View citations (325) (2008)

2004

73. Exchange Rate Pass-Through into Import Prices
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (120)
    See also Journal Article Exchange Rate Pass-Through into Import Prices, The Review of Economics and Statistics, MIT Press (2005) View citations (878) (2005)
74. Financial-Sector FDI and Host Countries: New and Old Lessons
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
    See also Journal Article Financial sector FDI and host countries: new and old lessons, Economic Policy Review, Federal Reserve Bank of New York (2007) View citations (60) (2007)
75. Financial-sector foreign direct investment and host countries: new and old lessons
    Staff Reports, Federal Reserve Bank of New York View citations (23)

2002

76. Exchange Rate Pass-Through into Import Prices: A Macro or Micro Phenomenon?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (374)
    Also in Staff Reports, Federal Reserve Bank of New York (2002) View citations (301)
    IESE Research Papers, IESE Business School (2002) View citations (372)

2001

77. Does foreign ownership contribute to sounder banks in emerging markets? the Latin American experience
    Staff Reports, Federal Reserve Bank of New York View citations (75)
78. Exchange Rates and Wages
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
    Also in Staff Reports, Federal Reserve Bank of New York (2001) View citations (25)
79. Gender differences in the labor market effects of the dollar
    Staff Reports, Federal Reserve Bank of New York View citations (2)
    See also Journal Article Gender Differences in the Labor-Market Effects of the Dollar, American Economic Review, American Economic Association (2001) View citations (2) (2001)
80. When Is U.S. Bank Lending to Emerging Markets Volatile?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (66)
    Also in Staff Reports, Federal Reserve Bank of New York (2001) View citations (38)
    See also Chapter When Is US Bank Lending to Emerging Markets Volatile?, NBER Chapters, National Bureau of Economic Research, Inc (2002) View citations (64) (2002)

2000

81. Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argentina
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (239)
    See also Journal Article Foreign and domestic bank participation in emerging markets: lessons from Mexico and Argentina, Economic Policy Review, Federal Reserve Bank of New York (2000) View citations (215) (2000)

1999

82. Employment versus Wage Adjustment and the U.S. Dollar
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics
    Also in Staff Reports, Federal Reserve Bank of New York (1998) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (10)
    See also Journal Article Employment Versus Wage Adjustment And The U.S. Dollar, The Review of Economics and Statistics, MIT Press (2001) View citations (147) (2001)
83. Exchange Rates and Local Labor Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Staff Reports, Federal Reserve Bank of New York (1999) View citations (21)
    See also Chapter Exchange Rates and Local Labor Markets, NBER Chapters, National Bureau of Economic Research, Inc (2000) View citations (19) (2000)
84. International Trade and Factor Mobility: An Empirical Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)
    Also in Staff Reports, Federal Reserve Bank of New York (1999) View citations (31)

1997

85. Foreign Direct Investment, Trade and Real Exchange Rate Linkages in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (48)
    See also Journal Article Foreign direct investment, trade, and real exchange rate linkages in developing countries, Proceedings, Federal Reserve Bank of San Francisco (1996) View citations (14) (1996)
86. The Evolving External Orientation of Manufacturing Industries: Evidence from Four Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (173)

1996

87. Investment, pass-through, and exchange rates: a cross-country comparison
    Staff Reports, Federal Reserve Bank of New York
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (17)
    Working Papers, C.V. Starr Center for Applied Economics, New York University (1995) View citations (11)
    See also Journal Article Investment, Pass-Through, and Exchange Rates: A Cross-Country Comparison, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1999) View citations (107) (1999)

1995

88. International Trade Issues of the Russian Federation
    MPRA Paper, University Library of Munich, Germany View citations (3)
89. Strategic Behavior in Two-Sided Foreign Exchange Auctions
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (1)
90. Strategic Trading in a Two-Sided Foreign Exchange Auction
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

1994

91. Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1994) View citations (24)
    See also Journal Article Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1995) View citations (191) (1995)

1993

92. Departures from the Ruble Area: The Political Economy of Adopting Independent Currencies
    Working Papers, Pennsylvania State - Department of Economics View citations (1)
93. Departures from the Ruble Zone: The Implications of Adopting Independent Currencies
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    See also Journal Article Departures from the Ruble Zone: The Implications of Adopting Independent Currencies, The World Economy, Wiley Blackwell (1994) View citations (3) (1994)
94. Exchange-Rate Unification with Black Market Leakages: Russia 1992
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1992) View citations (3)
95. Foreign Exchange Markets in Russia - Understanding the Reforms
    IMF Policy Discussion Papers, International Monetary Fund View citations (5)
    See also Journal Article Foreign Exchange Markets in Russia: Understanding the Reforms, IMF Staff Papers, Palgrave Macmillan (1993) View citations (5) (1993)
96. Investment in Manufacturing, Exchange-Rate and External Exposure
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (13)
    See also Journal Article Investment in manufacturing, exchange rates and external exposure, Journal of International Economics, Elsevier (1995) View citations (126) (1995)
97. The Political Economy of Introducing New Currencies in the Former Soviet Union
    Working Papers, Pennsylvania State - Department of Economics

1992

98. Black-Markets for Currency, Hoarding Activity and Currency Reform
    NBER Working Papers, National Bureau of Economic Research, Inc
99. Blak-Markets for Currency, Hoarding Activity and Policy Reforms
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    See also Journal Article Black markets for currency, hoarding activity and policy reforms, Journal of International Economics, Elsevier (1997) View citations (6) (1997)
100. Moscow Black Markets and Official Markets for Foreign Exchange: How Much Flexibility in Flexible Rates?
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (2)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1992) View citations (2)

1991

101. Exchange Rates and Entry, Exit and Investment in U.S. Industry
     Working Papers, C.V. Starr Center for Applied Economics, New York University
102. Internal Currency Markets and Production in the Soviet Union
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
     Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1991) View citations (1)

1990

103. MEASURING EXTERNAL OPENNESS: THE INDEX OF EFFECTIVE EXPOSURE
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (7)
104. Nominal Exchange Rate Patterns: Correlationswith Entry, Exit, and Invesment in U.S. Industry
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
105. PREDICTING EXCHANGE RATE CRISES: MEXICO REVISITED
     Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (4)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (3)
     See also Journal Article Predicting exchange rate crises: Mexico revisited, Journal of International Economics, Elsevier (1994) View citations (45) (1994)

1989

106. DEBT WRITE-DOWNS AND DEBT-EQUITY SWAPS IN A TWO SECTOR MODEL
     Working Papers, C.V. Starr Center for Applied Economics, New York University
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1989)
     See also Journal Article Debt write-downs and debt--equity swaps in a two-sector model, Journal of International Economics, Elsevier (1992) View citations (3) (1992)
107. HETEROGENOUS AGENTS AND THE COLLAPSE OF AN EXCHANGE RATE REGIME
     Working Papers, C.V. Starr Center for Applied Economics, New York University
108. NOMINAL EXCHANGE RATE PETTERNS: EFFECTS ON ENTRY, EXIT AND INVESTMENT IN UNITED STATES
     Working Papers, C.V. Starr Center for Applied Economics, New York University

1988

109. COLLAPSING EXCHANGE RATE REGIMES: AN EXTENDED FRMEWORK
     Working Papers, C.V. Starr Center for Applied Economics, New York University
110. COLLAPSING EXCHANGE RATE REGIMES: THE EXPERIENCES OF MEXICO AND ARGENTINA
     Working Papers, C.V. Starr Center for Applied Economics, New York University
111. Collapsing Exchange Rate Regimes: Shocks and Biases
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
     See also Journal Article Collapsing exchange rate regimes: shocks and biases, Journal of International Money and Finance, Elsevier (1991) View citations (16) (1991)

Journal Articles

2024

1. Global Liquidity: Drivers, Volatility and Toolkits
   IMF Economic Review, 2024, 72, (1), 1-31
   See also Working Paper Global Liquidity: Drivers, Volatility and Toolkits, CEPR Discussion Papers (2023) (2023)

2023

2. Financial Sanctions, SWIFT, and the Architecture of the International Payment System
   Journal of Economic Perspectives, 2023, 37, (1), 31-52 View citations (3)
   See also Working Paper Financial Sanctions, SWIFT, and the Architecture of the International Payment System, CEPR Discussion Papers (2023) (2023)
3. International capital flow pressures and global factors
   Journal of International Economics, 2023, 146, (C)
   See also Working Paper International Capital Flow Pressures and Global Factors, CEPR Discussion Papers (2023) (2023)
   Chapter International Capital Flow Pressures and Global Factors, NBER Chapters, 2022 (2022) (2022)

2022

4. Bank complexity, governance, and risk
   Journal of Banking & Finance, 2022, 134, (C) View citations (7)
   See also Working Paper Bank Complexity, Governance, and Risk, NBER Working Papers (2020) View citations (14) (2020)
5. The Fed’s Central Bank Swap Lines and FIMA Repo Facility
   Economic Policy Review, 2022, 28, (1) View citations (3)

2021

6. MACROPRUDENTIAL POLICY IN THE WAKE OF THE COVID-19 CRISIS: INTERNATIONAL SPILLOVERS AND COORDINATION ISSUES
   Financial Stability Review, 2021, 71-81 View citations (3)

2020

7. Complexity in Large U.S. Banks
   Economic Policy Review, 2020, 26, (2), 29 View citations (5)
   See also Working Paper Complexity in large U.S. banks, Staff Reports (2019) View citations (1) (2019)
8. Global Banking: Toward an Assessment of Benefits and Costs
   Annual Review of Financial Economics, 2020, 12, (1), 141-175 View citations (10)
9. The shifting drivers of global liquidity
   Journal of International Economics, 2020, 125, (C) View citations (51)
   See also Working Paper The Shifting Drivers of Global Liquidity, NBER Working Papers (2017) View citations (57) (2017)

2019

10. International spillovers of monetary policy through global banks: introduction to the special issue
    Journal of International Money and Finance, 2019, 91, (C), 101-104 View citations (2)
11. The international transmission of monetary policy
    Journal of International Money and Finance, 2019, 91, (C), 29-48 View citations (51)
    See also Working Paper The International Transmission of Monetary Policy, CESifo Working Paper Series (2018) View citations (26) (2018)

2017

12. Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network
    International Journal of Central Banking, 2017, 13, (2), 505-558 View citations (61)
    See also Working Paper Cross-border prudential policy spillovers: How much? How important? Evidence from the international banking research network, Discussion Papers (2017) View citations (104) (2017)
13. International Banking and Cross-Border Effects of Regulation: Lessons from the United States
    International Journal of Central Banking, 2017, 13, (2), 435-476 View citations (35)
    See also Working Paper International Banking and Cross-Border Effects of Regulation: Lessons from the United States, International Finance Discussion Papers (2016) View citations (18) (2016)
14. International Prudential Policy Spillovers: A Global Perspective
    International Journal of Central Banking, 2017, 13, (2), 5-33 View citations (46)
15. International Prudential Policy Spillovers: Evidence from the International Banking Research Network
    International Journal of Central Banking, 2017, 13, (2), 1-4 View citations (93)

2016

16. Micro, macro, and strategic forces in international trade invoicing: Synthesis and novel patterns
    Journal of International Economics, 2016, 102, (C), 173-187 View citations (62)

2015

17. International Banking and Liquidity Risk Transmission: Evidence from the United States
    IMF Economic Review, 2015, 63, (3), 626-643 View citations (48)
18. International Banking and Liquidity Risk Transmission: Lessons from Across Countries
    IMF Economic Review, 2015, 63, (3), 377-410 View citations (85)
    See also Working Paper International Banking and Liquidity Risk Transmission: Lessons from Across Countries, NBER Working Papers (2014) View citations (23) (2014)
19. Mini-Symposium on International Banking
    IMF Economic Review, 2015, 63, (3), 375-376

2014

20. Measures of global bank complexity
    Economic Policy Review, 2014, (Dec), 107-126 View citations (42)

2013

21. Do industrialized countries hold the right foreign exchange reserves?
    Current Issues in Economics and Finance, 2013, 19, (April) View citations (9)

2012

22. Banking Globalization and Monetary Transmission
    Journal of Finance, 2012, 67, (5), 1811-1843 View citations (486)
23. Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
    American Economic Review, 2012, 102, (3), 213-18 View citations (115)
    See also Working Paper Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession, NBER Working Papers (2012) View citations (115) (2012)
24. Liquidity management of U.S. global banks: Internal capital markets in the great recession
    Journal of International Economics, 2012, 88, (2), 299-311 View citations (226)
    See also Chapter Liquidity Management of US Global Banks: Internal Capital Markets in the Great Recession, NBER Chapters, 2011 (2011) View citations (10) (2011)
    Working Paper Liquidity management of U.S. global banks: Internal capital markets in the great recession, NBER Working Papers (2011) View citations (24) (2011)

2011

25. Central bank dollar swap lines and overseas dollar funding costs
    Economic Policy Review, 2011, 17, (May), 3-20 View citations (45)
    See also Working Paper Central Bank Dollar Swap Lines and Overseas Dollar Funding Costs, NBER Working Papers (2010) View citations (82) (2010)
26. Evolving Perceptions of Central Bank Credibility: The European Central Bank Experience
    NBER International Seminar on Macroeconomics, 2011, 7, (1), 153 - 182 View citations (23)
    See also Chapter Evolving Perceptions of Central Bank Credibility: The European Central Bank Experience, NBER Chapters, 2010, 153-182 (2010) View citations (7) (2010)
27. Global Banks and International Shock Transmission: Evidence from the Crisis
    IMF Economic Review, 2011, 59, (1), 41-76 View citations (560)
    See also Working Paper Global Banks and International Shock Transmission: Evidence from the Crisis, NBER Working Papers (2010) View citations (88) (2010)

2010

28. Is the international role of the dollar changing?
    Current Issues in Economics and Finance, 2010, 16, (Jan) View citations (20)
29. The Sensitivity of the CPI to Exchange Rates: Distribution Margins, Imported Inputs, and Trade Exposure
    The Review of Economics and Statistics, 2010, 92, (2), 392-407 View citations (277)

2009

30. Macroeconomic interdependence and the international role of the dollar
    Journal of Monetary Economics, 2009, 56, (7), 990-1003 View citations (68)
    See also Working Paper Macroeconomic Interdependence and the International Role of the Dollar, NBER Working Papers (2008) View citations (16) (2008)
31. Understanding Banking Sector Globalization
    IMF Staff Papers, 2009, 56, (1), 171-197 View citations (102)

2008

32. How economic news moves markets
    Current Issues in Economics and Finance, 2008, 14, (Aug) View citations (31)
33. Vehicle currency use in international trade
    Journal of International Economics, 2008, 76, (2), 177-192 View citations (325)
    See also Working Paper Vehicle Currency Use in International Trade, NBER Working Papers (2005) View citations (74) (2005)

2007

34. Financial sector FDI and host countries: new and old lessons
    Economic Policy Review, 2007, 13, (Mar), 1-17 View citations (60)
    See also Working Paper Financial-Sector FDI and Host Countries: New and Old Lessons, NBER Working Papers (2004) View citations (32) (2004)
35. Por qué la depreciación del dólar tal vez no cierre en medida significativa la brecha del déficit comercial de Estados Unidos
    Boletín, 2007, LIII, (3), 121-129
36. Why a dollar depreciation may not close the U.S. trade deficit
    Current Issues in Economics and Finance, 2007, 13, (Jun) View citations (5)

2005

37. Exchange Rate Pass-Through into Import Prices
    The Review of Economics and Statistics, 2005, 87, (4), 679-690 View citations (878)
    See also Working Paper Exchange Rate Pass-Through into Import Prices, CEPR Discussion Papers (2004) View citations (120) (2004)
38. Trade Invoicing in the Accession Countries: Are They Suited to the Euro? [with Comments]
    NBER International Seminar on Macroeconomics, 2005, 2005, (1), 357 - 402 View citations (1)

2004

39. Industry-specific exchange rates for the United States
    Economic Policy Review, 2004, (May), 1-16 View citations (63)

2003

40. What moves sovereign bond markets? The effects of economic news on U.S. and German yields
    Current Issues in Economics and Finance, 2003, 9, (Sep) View citations (53)

2002

41. Has foreign bank entry led to sounder banks in Latin America?
    Current Issues in Economics and Finance, 2002, 8, (Jan) View citations (88)
42. Introduction
    Economic Policy Review, 2002, 8, (Nov), 1-4
43. Securities trading and settlement in Europe: Issues and outlook
    Journal of Financial Transformation, 2002, 5, 83-89 View citations (6)
    Also in Current Issues in Economics and Finance, 2002, 8, (Apr) (2002) View citations (1)

2001

44. Employment Versus Wage Adjustment And The U.S. Dollar
    The Review of Economics and Statistics, 2001, 83, (3), 477-489 View citations (147)
    See also Working Paper Employment versus Wage Adjustment and the U.S. Dollar, Working Papers (1999) (1999)
45. Gender Differences in the Labor-Market Effects of the Dollar
    American Economic Review, 2001, 91, (2), 400-405 View citations (2)
    See also Working Paper Gender differences in the labor market effects of the dollar, Staff Reports (2001) View citations (2) (2001)

2000

46. Foreign and domestic bank participation in emerging markets: lessons from Mexico and Argentina
    Economic Policy Review, 2000, (Sep), 17-36 View citations (215)
    See also Working Paper Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argentina, NBER Working Papers (2000) View citations (239) (2000)
47. Overview of the volume; Special issue: lessons from recent crises in Asian and other emerging markets
    Economic Policy Review, 2000, (Sep), 1-2

1999

48. Exchange Rates and Employment Instability: Evidence from Matched CPS Data
    American Economic Review, 1999, 89, (2), 204-210 View citations (48)
49. Investment, Pass-Through, and Exchange Rates: A Cross-Country Comparison
    International Economic Review, 1999, 40, (2), 287-314 View citations (107)
    See also Working Paper Investment, pass-through, and exchange rates: a cross-country comparison, Staff Reports (1996) (1996)

1998

50. The dollar and US manufacturing
    Current Issues in Economics and Finance, 1998, 4, (Dec) View citations (1)

1997

51. Black markets for currency, hoarding activity and policy reforms
    Journal of International Economics, 1997, 42, (3-4), 349-369 View citations (6)
    See also Working Paper Blak-Markets for Currency, Hoarding Activity and Policy Reforms, Working Papers (1992) (1992)
52. Strategic trading in a two-sided foreign exchange auction1
    Journal of International Economics, 1997, 42, (3-4), 299-326 View citations (13)
53. The evolving external orientation of manufacturing: a profile of four countries
    Economic Policy Review, 1997, 3, (Jul), 53-81 View citations (124)

1996

54. Foreign direct investment, trade, and real exchange rate linkages in developing countries
    Proceedings, 1996, 73-100 View citations (14)
    See also Working Paper Foreign Direct Investment, Trade and Real Exchange Rate Linkages in Developing Countries, NBER Working Papers (1997) View citations (48) (1997)

1995

55. Exchange rate regime reforms with black market leakages
    Journal of Development Economics, 1995, 48, (1), 167-187 View citations (8)
56. Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty
    International Economic Review, 1995, 36, (4), 855-73 View citations (191)
    See also Working Paper Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty, NBER Working Papers (1994) View citations (28) (1994)
57. Investment in manufacturing, exchange rates and external exposure
    Journal of International Economics, 1995, 38, (3-4), 297-320 View citations (126)
    See also Working Paper Investment in Manufacturing, Exchange-Rate and External Exposure, Working Papers (1993) View citations (4) (1993)
58. Policy Reforms, Currency Auctions, and Production Choices in Transition Economies
    Journal of Comparative Economics, 1995, 21, (3), 267-288 View citations (3)

1994

59. Departures from the Ruble Zone: The Implications of Adopting Independent Currencies
    The World Economy, 1994, 17, (3), 293-322 View citations (3)
    See also Working Paper Departures from the Ruble Zone: The Implications of Adopting Independent Currencies, Working Papers (1993) (1993)
60. Predicting exchange rate crises: Mexico revisited
    Journal of International Economics, 1994, 36, (3-4), 413-430 View citations (45)
    See also Working Paper PREDICTING EXCHANGE RATE CRISES: MEXICO REVISITED, Working Papers (1990) View citations (4) (1990)

1993

61. Exchange Rates and Investment in United States Industry
    The Review of Economics and Statistics, 1993, 75, (4), 575-88 View citations (117)
62. Foreign Exchange Markets in Russia: Understanding the Reforms
    IMF Staff Papers, 1993, 40, (4), 852-864 View citations (5)
    See also Working Paper Foreign Exchange Markets in Russia - Understanding the Reforms, IMF Policy Discussion Papers (1993) View citations (5) (1993)

1992

63. Currency convertibility in eastern Europe: John Williamson, ed., (Institute for International Economics, Washington, DC, 1991) pp. x+461, $28.95
    Journal of International Economics, 1992, 33, (1-2), 192-195
64. Debt write-downs and debt--equity swaps in a two-sector model
    Journal of International Economics, 1992, 33, (3-4), 267-283 View citations (3)
    See also Working Paper DEBT WRITE-DOWNS AND DEBT-EQUITY SWAPS IN A TWO SECTOR MODEL, Working Papers (1989) (1989)

1991

65. Collapsing exchange rate regimes: shocks and biases
    Journal of International Money and Finance, 1991, 10, (2), 252-263 View citations (16)
    See also Working Paper Collapsing Exchange Rate Regimes: Shocks and Biases, NBER Working Papers (1988) View citations (1) (1988)

Books

2001

1. Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey
   NBER Books, National Bureau of Economic Research, Inc View citations (29)

Edited books

2001

1. Topics in Empirical International Economics
   National Bureau of Economic Research Books, University of Chicago Press View citations (100)

Chapters

2023

1. Macro-Financial Stability Frameworks: Experience and Challenges: A Discussion
   Chapter 4 in MACRO-FINANCIAL STABILITY POLICY IN A GLOBALISED WORLD: LESSONS FROM INTERNATIONAL EXPERIENCE Selected Papers from the Asian Monetary Policy Forum 2021 Special Edition and MAS-BIS Conference, 2023, pp 50-57

2022

2. International Capital Flow Pressures and Global Factors
   A chapter in NBER International Seminar on Macroeconomics 2022, 2022
   See also Working Paper International Capital Flow Pressures and Global Factors, C.E.P.R. Discussion Papers (2023) (2023)
   Journal Article International capital flow pressures and global factors, Elsevier (2023) (2023)

2017

3. Capital flow measures and research challenges
   A chapter in Assessing international capital flows after the crisis, 2017, vol. 42

2016

4. Cross-Border Banking Flows and Organizational Complexity in Financial Conglomerates
   Chapter 4 in The Future of Large, Internationally Active Banks, 2016, pp 55-66 View citations (4)

2011

5. Liquidity Management of US Global Banks: Internal Capital Markets in the Great Recession
   A chapter in Global Financial Crisis, 2011 View citations (10)
   See also Working Paper Liquidity management of U.S. global banks: Internal capital markets in the great recession, National Bureau of Economic Research, Inc (2011) View citations (24) (2011)
   Journal Article Liquidity management of U.S. global banks: Internal capital markets in the great recession, Elsevier (2012) View citations (226) (2012)

2010

6. Evolving Perceptions of Central Bank Credibility: The European Central Bank Experience
   A chapter in NBER International Seminar on Macroeconomics 2010, 2010, pp 153-182 View citations (7)
   See also Journal Article Evolving Perceptions of Central Bank Credibility: The European Central Bank Experience, University of Chicago Press (2011) View citations (23) (2011)

2008

7. Pass-Through of Exchange Rates to Consumption Prices: What Has Changed and Why?
   A chapter in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, 2008, pp 139-176 View citations (8)
   See also Working Paper Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?, National Bureau of Economic Research, Inc (2006) View citations (58) (2006)

2007

8. The International Exposure of U.S. Banks: Europe and Latin America Compared
   A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, 2007, pp 203-240 View citations (5)

2006

9. Risks in U.S. Bank International Exposures
   Chapter 7 in Cross-Border Banking Regulatory Challenges, 2006, pp 65-86 View citations (1)
   See also Working Paper Risks in U.S. bank international exposures, Federal Reserve Bank of New York (2006) View citations (3) (2006)

2005

10. Trade Invoicing in the Accession Countries: Are They Suited to the Euro?
    A chapter in NBER International Seminar on Macroeconomics 2005, 2005, pp 357-393 View citations (13)
    See also Working Paper Trade Invoicing in the Accession Countries: Are They Suited to the Euro?, National Bureau of Economic Research, Inc (2005) View citations (14) (2005)

2002

11. When Is US Bank Lending to Emerging Markets Volatile?
    A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 171-196 View citations (64)
    See also Working Paper When Is U.S. Bank Lending to Emerging Markets Volatile?, National Bureau of Economic Research, Inc (2001) View citations (66) (2001)

2001

12. Introduction to "Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey"
    A chapter in Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey, 2001, pp 1-14 View citations (1)

2000

13. Exchange Rates and Local Labor Markets
    A chapter in The Impact of International Trade on Wages, 2000, pp 269-307 View citations (19)
    See also Working Paper Exchange Rates and Local Labor Markets, National Bureau of Economic Research, Inc (1999) View citations (15) (1999)