NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Guillermo A. Calvo

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

Working Papers and Chapters

November 2013Jobless Recoveries During Financial Crises: Is Inflation the Way Out?
with Fabrizio Coricelli, Pablo Ottonello: w19683
October 2012Labor Market, Financial Crises and Inflation: Jobless and Wageless Recoveries
with Fabrizio Coricelli, Pablo Ottonello: w18480
August 2012The Price Theory of Money, Prospero's Liquidity Trap, and Sudden Stop: Back to Basics and Back
w18285
July 2012Optimal Holdings of International Reserves: Self-Insurance against Sudden Stop
with Alejandro Izquierdo, Rudy Loo-Kung: w18219
October 2009FINANCIAL CRISES AND LIQUIDITY SHOCKS: A Bank-Run Perspective
w15425
May 2008Systemic Sudden Stops: The Relevance Of Balance-Sheet Effects And Financial Integration
with Alejandro Izquierdo, Luis-Fernando Mejía: w14026
June 2007Interest Rate Rules, Inflation Stabilization, and Imperfect Credibility: The Small Open Economy Case
w13177
December 2006Monetary Policy Challenges in Emerging Markets: Sudden Stop, Liability Dollarization, and Lender of Last Resort
w12788
March 2006Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises
with Alejandro Izquierdo, Ernesto Talvi: w12101
July 2005Relative Price Volatility Under Sudden Stops: The Relevance of Balance Sheet Effects
with Alejandro Izquierdo, Rudy Loo-Kung: w11492
May 2005Crises in Emerging Market Economies: A Global Perspective
w11305
February 2005Sudden Stop, Financial Factors and Economic Collpase in Latin America: Learning from Argentina and Chile
with Ernesto Talvi: w11153
May 2004On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects
with Alejandro Izquierdo, Luis-Fernando Mejia: w10520
July 2003Explaining Sudden Stops, Growth Collapse and BOP Crises: The Case of Distortionary Output Taxes
w9864
Sudden Stops, the Real Exchange Rate, and Fiscal Sustainability: Argentina's Lessons
with Alejandro Izquierdo, Ernesto Talvi: w9828
June 2003The Mirage of Exchange Rate Regimes for Emerging Market Countries
with Frederic S. Mishkin: w9808
March 2003Inflation Inertia and Credible Disinflation - The Open Economy Case
with Oya Celasun, Michael Kumhof: w9557
November 2000Fear of Floating
with Carmen M. Reinhart: w7993
Fixing for Your Life
with Carmen M. Reinhart: w8006
January 2000Contagion, Globalization, and the Volatility of Capital Flows
with Enrique G. Mendoza
in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, Sebastian Edwards, editor
Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments
in Currency Crises, Paul Krugman, editor
June 1999Regional Contagion and the Globalization of Securities Markets
with Enrique G. Mendoza: w7153
February 1999Inflation Stabilization and BOP Crises in Developing Countries
with Carlos A. Vegh: w6925
February 1997Uncertain Duration of Reform: Dynamic Implications
with Allan Drazen: w5925
July 1991Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets
with Jacob A. Frenkel: w3776
May 1991From Centrally-Planned to Market Economies: The Road from CPE to PCPE
with Jacob A. Frenkel: w3698
1986Welfare, Banks, and Capital Mobility in Steady State: The Case of Predetermined Exchange Rates
in Economic Adjustment and Exchange Rates in Developing Countries, Sebastian Edwards and Liaquat Ahamed, eds.
March 1985Optimal Time-Consistent Fiscal Policy with Uncertain Lifetimes
with Maurice Obstfeld: w1593
1983Trying to Stabilize: Some Theoretical Reflections Based on the Case of Argentina
in Financial Policies and the World Capital Market: The Problem of Latin American Countries, Pedro Aspe Armella, Rudiger Dornbusch, and Maurice Obstfeld, eds.
Staggered Contracts and Exchange Rate Policy
in Exchange Rates and International Macroeconomics, Jacob A. Frenkel, ed.

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

 
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