NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Sebastian Edwards

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Books

Toxic Aid: Economic Collapse and Recovery in Tanzania
Forthcoming from Oxford University Press

African Successes: Modernization and Development
with Sebastian Edwards, Simon Johnson, David N. Weil
Forthcoming from University of Chicago Press
in African Successes Project

African Successes: Sustainable Growth
with Sebastian Edwards, Simon Johnson, David N. Weil
Forthcoming from University of Chicago Press
in African Successes Project

African Successes: Human Capital
with Sebastian Edwards, Simon Johnson, David N. Weil
Forthcoming from University of Chicago Press
in African Successes Project

African Successes: Government and Institutions
with Sebastian Edwards, Simon Johnson, David N. Weil
Forthcoming from University of Chicago Press
in African Successes Project

The Economics of Crime: Lessons for and from Latin America
with Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
Conference held November 29-30, 2007
Published in July 2010 by University of Chicago Press
© 2010 by the National Bureau of Economic Research

Financial Markets Volatility and Performance in Emerging Markets
with Sebastian Edwards, Márcio G. P. Garcia
Conference held December 1-3, 2005
Published in March 2008 by University of Chicago Press
© 2008 by the National Bureau of Economic Research

The Decline of Latin American Economies: Growth, Institutions, and Crises
with Sebastian Edwards, Gerardo Esquivel, Graciela Márquez
Conference held December 2-4, 2004
Published in July 2007 by University of Chicago Press
© 2007 by the National Bureau of Economic Research

Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences
Conference held December 16-18, 2004
Published in May 2007 by University of Chicago Press
© 2007 by the National Bureau of Economic Research

Inter-American Seminar on Economics (IASE)
with Raphael Bergoeing, Andrea Repetto, Sebastian Edwards
Conference held November 20-22, 2003
Published in December 2004 by Journal of Development Economics, Volume 75, no. 2 (Elsevier)

Inter-American Seminar on Economics (IASE)
Conference held November 15-16, 2002
Published in December 2003 by Journal of Development Economics, Volume 72, no. 2 (Elsevier Science Publishers)

Preventing Currency Crises in Emerging Markets
with Sebastian Edwards, Jeffrey A. Frankel
Conference held January 2001
Published in January 2002 by University of Chicago Press
© 2002 by the National Bureau of Economic Research

Inter-American Seminar on Economics (IASE)
with Sebastian Edwards, Roberto Rigobon
Conference held November 16-17, 2000
Published in December 2002 by Journal of Development Economics, Volume 69, no. 2 (Elsevier Science Publishers)

Inter-American Seminar on Economics (IASE)
with Sebastian Edwards, Edgardo Zablotsky
Conference held December 3-4, 1999
Published in December 2001 by Journal of Development Economics, Volume 66, no. 2 (Elsevier Science Publishers)

Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies
Conference held February 20-21, 1998
Published in January 2000 by University of Chicago Press
© 2000 by the National Bureau of Economic Research

Inter-American Seminar on Economics (IASE, 11th annual)
Conference held December 4-5, 1998
Published in October 2000 by Journal of Development Economics, Volume 63, no. 1 (Elsevier Science Publishers)

Inter-American Seminar on Economics (IASE, 10th annual)
Conference held November 21-22, 1997
Published in June 1999 by Journal of Development Economics, Volume 59, no. 1 (Elsevier Science Publishers)

Inter-American Seminar on Economics (IASE)
Published in October 1998 by Journal of Development Economics, Volume 57, no. 1 (Elsevier Science Publishers)

Inter-American Seminar on Economics (IASE, 8th annual)
Conference held 1995
Published in October 1997 by Journal of Development Economics, Volume 54, no. 1 (Elsevier Science Publishers)

Seventh Inter-American Seminar on Economics (IASE)
with Sebastian Edwards, Edmar Bacha
Conference held November 10-12, 1994
Published in October 1996 by Journal of Development Economics, Volume 51, no. 1 (Elsevier)

Reform, Recovery, and Growth: Latin America and the Middle East
with Rudiger Dornbusch, Sebastian Edwards
Conference held December 17-18, 1992
Published in January 1995 by University of Chicago Press
© 1995 by the National Bureau of Economic Research

Inter-American Seminar on Macroeconomics (IASE)
with Sebastian Edwards, Edmar Bacha
Conference held May 28-29, 1993
Published in June 1995 by Journal of Development Economics, Volume 47, Number 1 (Elsevier)

Inter-American Seminar on Economics (IASE)
with Sebastian Edwards, Edmar Bacha
Conference held May 8-10, 1992
Published in February 1994 by Journal of Development Economics, Volume 43, No. 1 (Elsevier Science Publishers, B.V.)

Fourth Annual Inter-American Seminar on Macroeconomics (IASE)
Conference held March 15-16, 1991
Published in July 1992 by Journal of Development Economics, Vol. 39, No. 1 (Elsevier Science Publishers B.V.)

The Macroeconomics of Populism in Latin America
with Rudiger Dornbusch, Sebastian Edwards
Conference held May 18-19, 1990
Published in January 1991 by University of Chicago Press
© 1991 by the National Bureau of Economic Research

Second Annual Inter-American Seminar on Economics (IASE)
with Edmar L. Bacha, Sebastian Edwards
Conference held March 30 - April 1, 1990
Published in April 1990 by Journal of Development Economics, Vol. 32, No. 2 (Elsevier Science Publishers B.V.)

First Inter-American Seminar on Economics (IASE): Macroeconomic Adjustment and Growth
with Sebastian Edwards, Edmar L. Bacha
Published in November 1988 by Journal of Development Economics, Vol. 29, no. 3 (Elsevier Science Publishers B.V.)

Economic Adjustment and Exchange Rates in Developing Countries
with Sebastian Edwards, Liaquat Ahamed
Published in 1986 by University of Chicago Press
© 1986 by the National Bureau of Economic Research

Working Papers and Chapters

July 2014Is Tanzania a Success Story? A Long Term Analysis
in African Successes: Government and Institutions, Sebastian Edwards, Simon Johnson, and David N. Weil, editors
November 2012The Federal Reserve, Emerging Markets, and Capital Controls: A High Frequency Empirical Investigation
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January 2012Is Tanzania a Success Story? A Long Term Analysis
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Forthcoming: Is Tanzania a Success Story? A Long Term Analysis, Sebastian Edwards. in African Successes: Government and Institutions, Edwards, Johnson, and Weil. 2014

December 2011Adjustment patterns to commodity terms of trade shocks: the role of exchange rate and international reserves policies
with Joshua Aizenman, Sebastian Edwards, Daniel Riera-Crichton: w17692

Published: Aizenman, Joshua & Edwards, Sebastian & Riera-Crichton, Daniel, 2012. "Adjustment patterns to commodity terms of trade shocks: The role of exchange rate and international reserves policies," Journal of International Money and Finance, Elsevier, vol. 31(8), pages 1990-2016. citation courtesy of

May 2011Exchange Rates in Emerging Countries: Eleven Empirical Regularities from Latin America and East Asia
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Published: “Exchange-Rate Policies in Emerging Countries: Elev en Empirical Regularities from Latin America and East Asia,” Open Economies Review , vol. 22, no. 4, September 2011, pp. 533-63.

July 2010Introduction to "The Economics of Crime: Lessons for and from Latin America"
with Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
in The Economics of Crime: Lessons for and from Latin America, Rafael Di Tella, Sebastian Edwards, and Ernesto Schargrodsky, editors
Indexes
with Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
in The Economics of Crime: Lessons for and from Latin America, Rafael Di Tella, Sebastian Edwards, and Ernesto Schargrodsky, editors
Front matter, table of contents, acknowledgments
with Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
in The Economics of Crime: Lessons for and from Latin America, Rafael Di Tella, Sebastian Edwards, and Ernesto Schargrodsky, editors
July 2009FORTY YEARS OF LATIN AMERICA'S ECONOMIC DEVELOPMENT: From the Alliance for Progress to the Washington Consensus
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Latin America's Decline: A Long Historical View
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Published: Edwards, Sebastian, 2009. "Protectionism and Latin America's historical economic decline," Journal of Policy Modeling, Elsevier, vol. 31(4), pages 573-584, July.

June 2009Sequencing of reforms, financial globalization, and macroeconomic vulnerability
in Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR, Takeo Hoshi and Takatoshi Ito, organizers
October 2008Sequencing of Reforms, Financial Globalization, and Macroeconomic Vulnerability
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Published:

May 2008Globalization, Growth and Crises: The View from Latin America
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Published: Globalisation, Growth and Crises: The View from Latin America Sebastian Edwards† Article first published online: 28 JUN 2008 DOI: 10.1111/j.1467-8462.2008.00498.x ©2008 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Issue Australian Economic Review Australian Economic Review Volume 41, Issue 2, pages 123–140, June 2008

March 2008Front matter, table of contents, preface
with Sebastian Edwards, Márcio G. P. Garcia
in Financial Markets Volatility and Performance in Emerging Markets, Sebastian Edwards and Márcio G. P. Garcia, editors
Introduction to "Financial Markets Volatility and Performance in Emerging Markets"
with Sebastian Edwards, Márcio G. P. Garcia
in Financial Markets Volatility and Performance in Emerging Markets, Sebastian Edwards and Márcio G. P. Garcia, editors
Financial Openness, Currency Crises, and Output Losses
in Financial Markets Volatility and Performance in Emerging Markets, Sebastian Edwards and Márcio G. P. Garcia, editors
Indexes
with Sebastian Edwards, Márcio G. P. Garcia
in Financial Markets Volatility and Performance in Emerging Markets, Sebastian Edwards and Márcio G. P. Garcia, editors
July 2007Front matter, table of contents
with Sebastian Edwards, Gerardo Esquivel, Graciela Márquez
in The Decline of Latin American Economies: Growth, Institutions, and Crises, Sebastian Edwards, Gerardo Esquivel and Graciela Márquez, editors
Introduction to "The Decline of Latin American Economies: Growth, Institutions, and Crises"
with Sebastian Edwards, Gerardo Esquivel, Graciela Márquez
in The Decline of Latin American Economies: Growth, Institutions, and Crises, Sebastian Edwards, Gerardo Esquivel and Graciela Márquez, editors
Establishing Credibility: The Role of Foreign Advisors in Chile’s 1955–1958 Stabilization Program
in The Decline of Latin American Economies: Growth, Institutions, and Crises, Sebastian Edwards, Gerardo Esquivel and Graciela Márquez, editors
List of Contributors, Indexes
with Sebastian Edwards, Gerardo Esquivel, Graciela Márquez
in The Decline of Latin American Economies: Growth, Institutions, and Crises, Sebastian Edwards, Gerardo Esquivel and Graciela Márquez, editors
May 2007Introduction to "Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences"
in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Sebastian Edwards, editor
Capital Controls, Sudden Stops, and Current Account Reversals
in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Sebastian Edwards, editor
List of Contributors
in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Sebastian Edwards, editor
Front matter, acknowledgments, table of contents
in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Sebastian Edwards, editor
Indexes
in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Sebastian Edwards, editor
April 2007Crises and Growth: A Latin American Perspective
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Published: Sebastian Edwards, 2008. "Globalisation, Growth and Crises: The View from Latin America," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 41(2), pages 123-140, 06.

February 2007On Current Account Surpluses and the Correction of Global Imbalances
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Published: Cowan, Kevin, Sebastian Edwards, and Rodrigo O Valdes (eds.) Current Account and External Financing, Series on Central Banking, Analysis, and Economic Policies, vol. 12. Santiago: Central Bank of Chile, 2008.

January 2007Capital Controls, Capital Flow Contractions, and Macroeconomic Vulnerability
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Published: Edwards, Sebastian, 2007. "Capital controls, capital flow contractions, and macroeconomic vulnerability," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 814-840, September. citation courtesy of

October 2006External Imbalances in an Advanced, Commodity-Exporting Country: The Case of New Zealand
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May 2006Monetary Unions, External Shocks and Economic Performance: A Latin American Perspective
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Published: Sebastian Edwards, 2006. "Monetary unions, external shocks and economic performance: A Latin American perspective," International Economics and Economic Policy, Springer, vol. 3(3), pages 225-247, December. citation courtesy of

April 2006The U.S. Current Account Deficit: Gradual Correction or Abrupt Adjustment?
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Published: Edwards, Sebastian, 2006. "The U.S. current account deficit: Gradual correction or abrupt adjustment?," Journal of Policy Modeling, Elsevier, vol. 28(6), pages 629-643, September. citation courtesy of

The Relationship Between Exchange Rates and Inflation Targeting Revisited
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Published: Mishkin, Frederic S. and Klaus Schmidt-Hebbel (eds.) Monetary Policy under Inflation Targeting, Series on Central Banking, Analysis, and Economic Policies, vol. 11. Santiago: Central Bank of Chile, 2007.

October 2005The End of Large Current Account Deficits, 1970-2002: Are There Lessons for the United States?
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Published: Sebastian Edwards, 2005. "The end of large current account deficits : 1970-2002 : are there lessons for the United States?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 205-268. citation courtesy of

August 2005Is the U.S. Current Account Deficit Sustainable? And If Not, How Costly is Adjustment Likely To Be?
w11541

Published: Edwards, Sebvastian. "Is The U.S. Current Account Deficit Sustainable? If Not, How Costly Is Adjustment Likely To Be?," Brookings Papers on Economic Activity, 2005, v2005(1), 211-288.

June 2005Establishing Credibility: The Role of Foreign Advisors
w11429

Published: Sebastian Edwards The Decline of Latin American Economies: Growth, Institutions, and Crises, , pages 291-332, 2007.

Capital Controls, Exchange Rate Volatility and External Vulnerability
with Sebastian Edwards, Roberto Rigobon: w11434
March 2005Capital Controls, Sudden Stops and Current Account Reversals
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Published: Capital Controls, Sudden Stops, and Current Account Reversals, Sebastian Edwards. in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, Edwards. 2007

February 2004The Economics of Latin American Art: Creativity Patterns and Rates of Return
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Published: Edwards, Sebastian. “The Economics of Latin American Art: Creativity Patterns and Rates of Return.” Economia 4, 2 (Spring 2004): 1-35.

Financial Openness, Sudden Stops and Current Account Reversals
w10277

Published: Edwards, Sebastian. "Financial Openness, Sudden Stops, And Current-Account Reversals," American Economic Review, 2004, v94(2,May), 59-64. citation courtesy of

Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops
w10276

Published: Edwards, Sebastian. "Financial Openness, Sudden Stops, And Current-Account Reversals," American Economic Review, 2004, v94(2,May), 59-64.

July 2003Flexible Exchange Rates as Shock Absorbers
with Sebastian Edwards, Eduardo Levy Yeyati: w9867

Published: Edwards, Sebastian and Eduardo Levy Yeyati. "Flexible Exchange Rates As Shock Absorbers," European Economic Review, 2005, v49(8,Nov), 2079-2105. citation courtesy of

Stock Market Cycles, Financial Liberalization and Volatility
with Sebastian Edwards, Javier Gomez Biscarri, Fernando Perez de Gracia: w9817

Published: Edwards, Sebastian & Biscarri, Javier Gomez & Perez de Gracia, Fernando, 2003. "Stock market cycles, financial liberalization and volatility," Journal of International Money and Finance, Elsevier, vol. 22(7), pages 925-955, December. citation courtesy of

Strict Dollarization and Economic Performance: An Empirical Investigation
with Sebastian Edwards, I. Igal Magendzo: w9820

Published:

  • Edwards, Sebastian and I. Igal Magendzo. "Dollarization And Economic Performance: What Do We Really Know?" International Journal of Finance and Economics 8(4): 351-363, October 2003
  • Edwards, Sebastian and I. Igal Magendzo. "Strict Dollarization and Economic Performance: An Empirical Investigation," Journal of Money, Credit and Banking, 38(1): 269-282, February 2006 citation courtesy of

February 2003A Currency of One's Own? An Empirical Investigation on Dollarization and Independent Currency Unions
with Sebastian Edwards, Igal Magendzo: w9514

Published: Edwards, Sebastian and I. Igal Magendzo. "Strict Dollarization and Economic Performance: An Empirical Investigation," Journal of Money, Credit and Banking, 2006, v38(1,Feb), 269-282.

January 2003Exchange Rate Regimes
with Sebastian Edwards, Domingo F. Cavallo, Arminio Fraga, Jacob Frenkel
in Economic and Financial Crises in Emerging Market Economies, Martin Feldstein, editor
October 2002The Great Exchange Rate Debate After Argentina
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Published: Edwards, Sebastian. "The Great Exchange Rate Debate After Argentina," North American Journal of Economics and Finance, 2002, v13(3,Dec), 237-252. citation courtesy of

May 2002Debt Relief and Fiscal Sustainability
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Published: Sebastian Edwards, 2003. "Debt relief and fiscal sustainability," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 139(1), pages 38-65, March. citation courtesy of

Social Security Privatization Reform and Labor Markets: The Case of Chile
with Sebastian Edwards, Alejandra Cox Edwards: w8924

Published: Edwards, Sebastian and Alejandra Cox Edwards. "Social Security Privatization Reform And Labor Market: The Case Of Chile," Economic Development and Cultural Change, 2002, v50(3,Apr), 465-489.

January 2002Front matter, acknowledgment, table of contents
with Sebastian Edwards, Jeffrey A. Frankel
in Preventing Currency Crises in Emerging Markets, Sebastian Edwards and Jeffrey A. Frankel, editors
Introduction to "Preventing Currency Crises in Emerging Markets"
with Sebastian Edwards, Jeffrey A. Frankel
in Preventing Currency Crises in Emerging Markets, Sebastian Edwards and Jeffrey A. Frankel, editors
Does the Current Account Matter?
in Preventing Currency Crises in Emerging Markets, Sebastian Edwards and Jeffrey A. Frankel, editors
List of Contributors, Indexes
with Sebastian Edwards, Jeffrey A. Frankel
in Preventing Currency Crises in Emerging Markets, Sebastian Edwards and Jeffrey A. Frankel, editors
December 2001Dollarization, Inflation and Growth
with Sebastian Edwards, I. Igal Magendzo: w8671

Published: Sebastian Edwards & I. Igal Magendzo, 2003. "Dollarization and economic performance: What do we really know?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(4), pages 351-363.

October 2001Volatility Dependence and Contagion in Emerging Equity Markets
with Sebastian Edwards, Raul Susmel: w8506

Published: Edwards, Sebastian and Raul Susmel. "Volatility Dependence And Contagion In Emerging Equity Markets," Journal of Development Economics, 2001, v66(2,Dec), 505-532. citation courtesy of

Exchange Rate Regimes, Capital Flows and Crisis Prevention
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Published: Feldstein, Martin (ed.) Economic and financial crises in emerging market economies, NBER Conference Report series. Chicago and London: University of Chicago Press, 2003.

May 2001Dollarization and Economic Performance: An Empirical Investigation
w8274

Published: Edwards, Sebastian and I. Igal Magendzo. "Dollarization And Economic Performance: What Do We Really Know?," International Journal of Finance and Economics, 2003, v8(4,Oct), 351-363.

Does the Current Account Matter?
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Published:

January 2001Capital Mobility and Economic Performance: Are Emerging Economies Different?
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July 2000Interest Rates, Contagion and Capital Controls
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Interest Rate Volatility and Contagion in Emerging Markets: Evidence from the 1990s
with Sebastian Edwards, Raul Susmel: w7813

Published: Edwards, Sebastian and Raul Susmel. "Volatility Dependence And Contagion In Emerging Equity Markets," Journal of Development Economics, 2001, v66(2,Dec), 505-532.

April 2000Controls on Capital Inflows: Do they Work?
with Jose De Gregorio, Sebastian Edwards, Rodrigo O. Valdes: w7645

Published: De Gregorio, Jose & Edwards, Sebastian & Valdes, Rodrigo O., 2000. "Controls on capital inflows: do they work?," Journal of Development Economics, Elsevier, vol. 63(1), pages 59-83, October. citation courtesy of

Economic Reforms and Labor Markets: Policy Issues and Lessons from Chile
with Sebastian Edwards, Alejandra Cox Edwards: w7646

Published: Edwards, Sebastian and Alejandra Cox Edwards. "Economic Reforms And Labour Markets: Policy Issues And Lessons From Chile," Economic Policy, 2000, v15(30,Apr), 181-230. citation courtesy of

January 2000Front matter, table of contents, acknowledgments
in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Sebastian Edwards, editor
Introduction to "Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies"
in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Sebastian Edwards, editor
Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences
in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Sebastian Edwards, editor
List of Contributors, Indexes
in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Sebastian Edwards, editor
The Mexican Peso in the Aftermath of the 1994 Currency Crisis
with Sebastian Edwards, Miguel A. Savastano
in Currency Crises, Paul Krugman, editor
November 1999How Effective are Capital Controls?
w7413

Published: Journal of Economic Perspectives, Vol. 13, no. 4 (Fall 1999): 65-84. citation courtesy of

July 1999Exchange Rates in Emerging Economies: What Do We Know? What Do We Need to Know?
with Sebastian Edwards, Miguel A. Savastano: w7228

Published: "Floating Exchange Rates in Less-Developed Countries: A Monetary Analysis of the Peruvian Experience, 1950-54", Journal of Money, Credit and Banking, Vol. 15, no. 1 (1983): 73-81.

Crisis Prevention: Lessons from Mexico and East Asia
w7233

Published: Harwood, A., R.E. Litan, and M. Pomerleano (eds.) Financial Markets and Development: The Crisis in Emerging Markets. Washington, D.C.: World Bank, 1999.

January 1999The Choice of Exchange Rate Regime in Developing and Middle Income Countries
in Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues (NBER-EASE volume 7), Takatoshi Ito and Anne O. Krueger, editors
Capital Flows to Latin America
with Sebastian Edwards, Francisco Gil Diaz, Arminio Fraga
in International Capital Flows, Martin Feldstein, editor
November 1998Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences
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Published: Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences, Sebastian Edwards. in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Edwards. 2000

October 1998Interest Rate Volatility, Capital Controls, and Contagion
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Published: Edwards, Sebastian. "Interest Rate Volatility, Contagion And Convergence: An Empirical Investigation Of The Cases Of Argentina, Chile And Mexico," Journal of Applied Economics, 1998, v1(1,May), 55-86.

April 1998The Political Economy of Unilateral Trade Liberalization: The Case of Chile
with Sebastian Edwards, Daniel Lederman: w6510

Published: in Jagdish Bhagwati (ed), "Going Alone: The Case for Relaxed Reciprocity in Freeing Trade." MIT Press, September 2002, pp. 337-3394.

The Morning After: The Mexican Peso in the Aftermath of the 1994 Currency Crisis
with Sebastian Edwards, Miguel A. Savastano: w6516
March 1998Capital Inflows into Latin America: A Stop-Go Story?
w6441

Published: Feldstein, M. (ed.) International Capital Flows, National Bureau of Economic Research Conference Report Series. Chicago: University of Chicago Press, 1999.

January 1998The Chilean Pension Reform: A Pioneering Program
in Privatizing Social Security, Martin Feldstein, editor
December 1997The Mexican Peso Crisis? How Much Did We Know? When Did We Know It?
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Published: Sebastian Edwards, 1998. "The Mexican Peso Crisis: How Much Did We Know? When Did We Know It?," The World Economy, Blackwell Publishing, vol. 21(1), pages 1-30, 01.

March 1997Banks and Macroeconomics Disturbances under Predetermined Exchange Rates
with Sebastian Edwards, Carlos A. Vegh: w5977

Published: Journal of Monetary Economics, Vol.40 (November 1997): 239-278. citation courtesy of

Openness, Productivity and Growth: What Do We Really Know?
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Published: Economic Journal, Vol. 108, no. 447 (March 1998): 383-398. citation courtesy of

November 1996The Chilean Pension Reform: A Pioneering Program
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Published: The Chilean Pension Reform: A Pioneering Program, Sebastian Edwards. in Privatizing Social Security, Feldstein. 1998

October 1996A Tale of Two Crises: Chile and Mexico
w5794

Published: Published as "Exchange-Rate Anchors, Credibility, and Inertia: A Tale of Two Crises, Chile and Mexico", American Economic Review, Vol. 82, no. 2(May 1996): 176-180.

September 1996The Determinants of the Choice between Fixed and Flexible Exchange-Rate Regimes
w5756

Published: Ito, Takatoshi and Anne O. Krueger (eds.) Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, National Bureau of Economic Research East Asia Seminar on Economics. University of Chicago Press, 1999.

January 1996Public Sector Deficits and Macroeconomic Stability in Developing Countries
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Published: Budget Deficits and Debt: Issues and Options, Jackson Hole: Federal Reserve Bank of Kansas City, 1995.

April 1995Why are Saving Rates so Different Across Countries?: An International Comparative Analysis
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Published: Published as "Why are Latin America's Savings Rates So Low? An International Comparative Analysis", Journal of Development Economics, Vol. 51, no. 1(October 1996): 5-44.

January 1995Trade Policy, Exchange Rates, and Growth
in Reform, Recovery, and Growth: Latin America and the Middle East, Rudiger Dornbusch and Sebastian Edwards, eds.
Front matter, "Reform, Recovery, and Growth"
with Rudiger Dornbusch, Sebastian Edwards
in Reform, Recovery, and Growth: Latin America and the Middle East, Rudiger Dornbusch and Sebastian Edwards, eds.
Introduction to "Reform, Recovery, and Growth: Latin America and the Middle East"
with Rudiger Dornbusch, Sebastian Edwards
in Reform, Recovery, and Growth: Latin America and the Middle East, Rudiger Dornbusch and Sebastian Edwards, eds.
June 1994Trade and Industrial Policy Reform in Latin America
w4772

Published: Published as "The Short-Run Relation Between Growth and Inflation in Latin America: Comment", American Economic Review, Vol. 73, no. 3 (1983): 477-482.

April 1994Macroeconomic Stabilization in Latin America: Recent Experience and Some Sequencing Issues
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February 1994Fixed Exchange Rates, Inflation and Macroeconomic Discipline
with Sebastian Edwards, Fernando J. Losada: w4661
October 1993Trade Policy, Exchange Rates and Growth
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Published:

April 1993The Political Economy of Infaliton and Stabilization in Developing Countries
w4319

Published: in Economic Development and Cultural Change, 42(2), January 1994, 235-266.

Exchange Rates, Inflation and Disinflation: Latin American Experiences
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Published: Edwards, S. (ed.) Capital Controls, Exchange Rates and Monetary Policy in the World Economy. Cambridge University Press, 1995.

January 1993Devaluation Controversies in the Developing Countries: Lessons from the Bretton Woods Era
with Sebastian Edwards, Julio Santaella
in A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform, Michael D. Bordo and Barry Eichengreen, editors
December 1992Exchange Rates as Nominal Anchors
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Published: Edwards, Sebastian. “Exchange Rates as Nominal Anchors." Weltwirtschaftliches Archiv 129, 1 (1993): 1-32.

June 1992Sequencing and Welfare: Labor Markets and Agriculture
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Published: Goldin, I. and A. Winters (eds.) Open Economies: Structural Adjustment and Agriculture. Cambridge: CEPR/Cambridge University Press, 1992.

May 1992Terms of Trade Disturbances, Real Exchange Rates and Welfare: The Role of Capital Controls and Labor Market Distortions
with Sebastian Edwards, Jonathan D. Ostry: w2907

Published: Oxford Economic Papers, Vol. 44, pp. 20-34, (1992). citation courtesy of

Capital Flows, Foreign Direct Investment, and Debt-Equity Swaps in Developing Countries
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Published: Capital Flows in the World Economy, edited by Horst Siebert, pp. 255-281. Tubingen: J.C.B. Mohr, 1991.

April 1992Devaluation Controversies in the Developing Countries: Lessons From the Bretton Woods Era
with Sebastian Edwards, Julio A. Santaella: w4047

Published:

August 1991Stabilization and Liberalization Policies in Central and Eastern Europe: Lessons From Latin America
w3816
May 1991Trade Orientation, Distortions and Growth in Developing Countries
w3716

Published:

  • "The Political Economy of Inflation and Stabilization in Developing Countries," Economic Development and Cultural Change, January 1994, 42(2): 235-266
  • "Interest Rate Determination in Developing Countries: A Conceptual Framework," IMF Staff Papers, September 1985, 32(3): 377-403
  • with Peter J. Montiel, "Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries," IMF Staff Papers, December 1989, 36(4): 875-903
  • "Explaining Fiscal Policies and Inflation in Developing Countries," Journal of International Money and Finance, March 1991, vol. 10 (supp. 1): S16-S48
  • "Openness,Trade Liberalization, and Growth in Developing Countries," Journal of Economic Literature, September 1993, 31(3): 1358-1393
  • Edwards, Sebastian, 1992. "Trade orientation, distortions and growth in developing countries," Journal of Development Economics, Elsevier, vol. 39(1), pages 31-57, July. citation courtesy of

Political Instability, Political Weakness and Inflation: An Empirical Analysis
with Sebastian Edwards, Guido Tabellini: w3721

Published: Sims, A.C. (Ed.) Advances In Econometrics, 2(0), 1994.

January 1991Front matter, table of contents, preface
with Rudiger Dornbusch, Sebastian Edwards
in The Macroeconomics of Populism in Latin America, Rudiger Dornbusch and Sebastian Edwards, editors
Introduction to "The Macroeconomics of Populism in Latin America"
with Rudiger Dornbusch, Sebastian Edwards
in The Macroeconomics of Populism in Latin America, Rudiger Dornbusch and Sebastian Edwards, editors
The Macroeconomics of Populism
with Rudiger Dornbusch, Sebastian Edwards
in The Macroeconomics of Populism in Latin America, Rudiger Dornbusch and Sebastian Edwards, editors
Indexes
with Rudiger Dornbusch, Sebastian Edwards
in The Macroeconomics of Populism in Latin America, Rudiger Dornbusch and Sebastian Edwards, editors
October 1990Explaining Fiscal Policies and Inflation in Developing Countries
with Sebastian Edwards, Guido Tabellini: w3493

Published: Journal of International Money and Finance, Vol. 10, pp. S16-S48, (1991). citation courtesy of

May 1990Labor Market Distortions and Structural Adjustments in Developing Countries
with Sebastian Edwards, Alejandra Cox Edwards: w3346
On Uniform Import Tariffs in Developing Countries
w3347
April 1990The International Monetary Fund and the Developing Countries: A Critical Evaluation
w2909

Published: Carnegie-Rochester Conference Series on Public Policy, Vol. 31, pp. 7-68,(1989).

December 1989Seigniorage and Political Instability
with Alex Cukierman, Sebastian Edwards, Guido Tabellini: w3199

Published: Cukierman, Alex, Sebastian Edwards and Guido Tabellini. "Seigniorage And Political Instability," American Economic Review, 1992, v82(3), 537-555. citation courtesy of

October 1989On the Sequencing of Structural Reforms
w3138
May 1989Macroeconomic Populism in Latin America
with Rudiger Dornbusch, Sebastian Edwards: w2986

Published: "Macroeconomic Populism." From Journal of Development Economics, Vol. 32,pp. 247-277, (1990).

April 1989Real Exchange Rates in the Developing Countries: Concepts and Measure- ment
w2950

Published:

  • and Welfare: The Role of Capital Controls and Labor Market Distortions, DEP."Tariffs, Capital Controls, and Equilibrium Real Exchange Rates", CANJE, Vol. 22, no. 1 (1989): 79-92.
  • With Jonathan D. Ostry, "Anticipated Protectionist Policies, Real Exchange Rates, and the Current Account: The Case of Rigid Wages", JIMF, Vol. 9,no. 2 (1990). With Jonathan D. Ostry, "Terms of Trade Disturbances, Real Exchange Rates,

March 1989Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries
w2908

Published: "Openess, Trade Liberalization, and Growth in Developing Countries", Journal of Economic Literature, 1993, V31(3), 1358-1393

February 1989Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries
with Sebastian Edwards, Peter Montiel: w2866

Published:

1989Structural Adjustment Policies in Highly Indebted Countries
in Developing Country Debt and the World Economy, Jeffrey D. Sachs, editor
Structural Adjustment Policies in Highly Indebted Countries
in Developing Country Debt and Economic Performance, Volume 1: The International Financial System, Jeffrey D. Sachs, editor
October 1988Latin America's Intraregional Trade: Evolution and Future Prospects
with Sebastian Edwards, Miguel Savastano: w2738

Published: Economic Aspects of Regional Trading Arrangements, edited by D. Greenaway, T. Hyclak, and R. Thornton, pp. 188-233. New York: New York University Press, 1989.

September 1988Real and Monetary Determinants of Real Exchange Rate Behavior: Theory and Evidence From Developing Countries
w2721

Published: "Real and Monetary Determinants of Real Exchange Rate Behavior." From Journal of Development Economics, Vol. 29, pp. 311-341, (1988). citation courtesy of

June 1988Temporary Terms of Trade Disturbances, The Real Exchange Rate and the Current Account
w2629

Published:

February 1988Structural Adjustment Policies in Highly Indebted Countries
w2502

Published:

1988The United States and Foreign Competition in Latin America
with Sebastian Edwards, Thomas O. Enders, Jesus Silva-Herzog
in The United States in the World Economy, Martin Feldstein, editor
November 1987The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments
w1507

Published: Edwards, Sebastian. "The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments," Economic Liberalization in Developing Countries, eds. A.C. Choksi and D. Papageorgious, Oxford: Basi Blackwell , 1986.

August 1987Exchange Controls, Devaluations and Real Exchange Rates: The Latin American Experience
w2348

Published:

Tariffs, the Real Exchange Rate and the Terms of Trade: On Two Popular Propositions in International Economics
with Sebastian Edwards, Sweder van Wijnbergen: w2365

Published: Oxford Economic Papers, Vol. 39, pp. 458-464, (1987). citation courtesy of

April 1987Anticipated Protectionist Policies, Real Exchange Rates and the Current Account
with Sebastian Edwards, Jonathan D. Ostry: w2214

Published: "Anticipated Protectionist Policies, Real Exchange Rates, and the Current Account: The Case of Rigid Wages." From Journal of International Money and Finance, Vol. 9, pp. 206-219, (1990).

The United States and Foreign Competition in Latin America
w2218

Published:

March 1987Economic Liberalization and the Equilibrium Real Exchange rate in Developing Countries
w2179

Published: Debt, Stabilization & Development, edited by Guillermo Calvo et al, pp. 163-184. Oxford: Basil Blackwell Ltd., 1989.

February 1987Tariffs, Terms of Trade, and the Real Exchange Rate in an Intertemporal Optimizing Model of the Current Account
w2175

Published:

  • and the Current Account", Economica, Vol. 56, no. 223 (1989): 343-358.
  • (With J. Ostry) Published as "Anticipated Protectionist Policies, Real Exchange Rates, and the Current Account: The Case of Rigid Wages",Journal of International Money and Finance, Vol. 9, no. 2 (1990). Published as "Temporary Terms-to-Trade Disturbances, the Real Exchange Rate

The Liberalization of the Current Capital Accounts and the Real ExchangeRate
w2162

Published: "Tariffs, Capital Controls, and Equilibrium Real Exchange Rates." From Canadian Journal of Economics, Vol. 22, No. 1, pp. 79-92, (February 1989).

December 1986Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries
w2110

Published: "Terms of Trade, Tariffs, and Labor Market Adjustment in Developing Countries." From The World Bank Economic Review, Vol. 2, No. 2, pp. 165- 185, (May 1988).

May 1986Real Exchange Rate Variability: An Empirical Analysis of the Developing Countries Case
w1930

Published: Edwards, Sebastian. "Real Exchange Rate Variability: An Empirical Analysisof the Developing Countries Case," International Economic Journal, Vol. 1, No. 1, Spring 1987, pp. 91-106.

1986Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia
in Economic Adjustment and Exchange Rates in Developing Countries, Sebastian Edwards and Liaquat Ahamed, eds.
Introduction to "Economic Adjustment and Exchange Rates in Developing Countries"
with Sebastian Edwards, Liaquat Ahamed
in Economic Adjustment and Exchange Rates in Developing Countries, Sebastian Edwards and Liaquat Ahamed, eds.
Front matter, "Economic Adjustment and Exchange Rates in Developing Countries"
with Sebastian Edwards, Liaquat Ahamed
in Economic Adjustment and Exchange Rates in Developing Countries, Sebastian Edwards and Liaquat Ahamed, eds.
October 1985Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link
w1741

Published: Edwards, Sebastian. "Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link," Natural Resources and the Macroeconomy, eds. J. Peter Neeny and Sweder van Wijnbergen, Cambridge, MA: MIT Press, 1986.

September 1985The Behavior of Interest Rates and Real Exchange Rates During a Liberalization Episode: The Case of Chile 1973-83
w1702

Published: Edwards, Sebastian. "Monetarism in Chile 1973-1983: Some Economic Puzzles," Economic Development and Cultural Change, Chicago: UCP, Vol. 34, No. 3, April 1986, pp. 535-559.

August 1985Are Devaluations Contractionary?
w1676

Published: Edwards, Sebastian. "Are Devaluations Contractionary?" Review of Economics and Statistics, Vol. 68, No. 3, (August 1986), pp. 501-508. citation courtesy of

The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing
w1689

Published: Edwards, Sebastian. "The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing," European Economic Review, Vol. 30, No. 3, (June 1986), pp. 565-589. citation courtesy of

June 1985Country Risk, Foreign Borrowing and the Social Discount Rate in an Open Developing Economy
w1651

Published: Edwards, Sebastian. "Country Risk, Foreign Borrowing and the Social Discount Rate in and Open Developing Economy," Journal of International Money and Finance, Vol. 5, Supplement, March 1986, pp. S79-S96. citation courtesy of

February 1985Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia
w1570

Published:

1985Interest Rate Determination in Developing Countries: A Conceptual Framework
with Sebastian Edwards, Mohsin S. Khan: w1531

Published: Edwards, Sebastian and Mohsin S. Khan. "Interest Rate Determination in Developing Countries" A Conceptual Framework," International Monetary Fund Staff Papers, Vol. 32, No. 3, September 1985, pp. 377-403.

On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Coutries
w1532

Published: Edwards, Sebastian. "On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Countries," Journal of International Money and Finance, Vol. 4, No. 3, pp. 287-295. (June 1985) citation courtesy of

June 1984Money, The Rate of Devaluation and Interest Rates in a Semi-Open Economy: Colombia 1968-1982
w1380

Published: Edwards, Sebastian. "Money, The Rate of Devaluation and Interest Rates ina Semi-Open Economy: Colombia 1968-1982." Journal of Money, Credit and Banking, Vol. 17, No. 1, (February 1985), pp. 59-68.

March 1984The Demand for International Reserves and Monetary Equilibrium: Some Evidence From Developing Countries
w1307

Published: Edwards, Sabastian. "The Demand for International Reserves and Monetary Equilibrium: Some Evidence From Developing Contries." The Review of Economics and Statistics, Vol. 66, No. 3, (August 1984), pp. 495-500. citation courtesy of

December 1983The Welfare Effects of Trade and Capital Market Liberalization: Consequences of Different Sequencing Scenarios
with Sebastian Edwards, Sweder van Wijnbergen: w1245

Published: Edwards, Sebastian and Sweder van Wijnbergen. "The Welfare Effects of Tradeand Capital Market Liberalization." International Economic Review, Vol. 27 , No.1, (February 1986), pp. 141-148.

July 1983LDC's Foreign Borrowing and Default Risk: An Empirical Investigation
w1172

Published: Edwards, Sabastian. LDC's Foreign Borrowing and Default Risk: An Empirical Investigation." American Economic Review, Vol. 74, No. 4, (September 1984), pp. 726-734.

1983The Demand for International Reserves and Exchange Rate Adjustments: TheCase of LDCs, 1964-1972
w1063

Published: Edwards, Sebastian. "The Demand for International Reserves and Exchange Rates Adjustments: The Case of LDC's 1964-1972." Economica, Vol. 50, (August 1983), pp. 269-280. citation courtesy of

Floating Exchange Rates, Expectations and New Information
w1064

Published: Edwards, Sebastian Edwards. "Floating Exchange Rates, Expectations and New Information." Journal of Monetary Economics, Vol. 11, No. 3. (May 1983), pp . 321-336. citation courtesy of

The Short-Run Relation Between Inflation and Growth in Latin America
w1065

Published: Edwards, Sebastian,. "The Short-Run Relation Between Inflation and Growth in Latin America: Comment." The American Economic Review, Vo. 73, No. 3,(June 1983), pp. 477-482. The American Economic Assoc.

January PublicationIntroduction to "African Successes: Modernization and Development"
with Sebastian Edwards, Simon Johnson, David N. Weil
in African Successes: Modernization and Development, Sebastian Edwards, Simon Johnson, and David N. Weil, editors
Introduction to "African Successes: Human Capital"
with Sebastian Edwards, Simon Johnson, David N. Weil
in African Successes: Human Capital, Sebastian Edwards, Simon Johnson, and David N. Weil, editors
Introduction to "African Successes: Government and Institutions"
with Sebastian Edwards, Simon Johnson, David N. Weil
in African Successes: Government and Institutions, Sebastian Edwards, Simon Johnson, and David N. Weil, editors
Introduction to "African Successes: Sustainable Growth"
with Sebastian Edwards, Simon Johnson, David N. Weil
in African Successes: Sustainable Growth, Sebastian Edwards, Simon Johnson, and David N. Weil, editors

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