international monetary framework was responsible for the relatively short-lived and mild nature of pre-World War I financial crises …

organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …

recently available World Input-Output Database (WIOD) to study the properties of the new measures of the REER for 40 countries …

.S. dollar is a key predictor of rest-of-world aggregate trade volume and consumer/producer price inflation. A 1% U.S. dollar … appreciation against all other currencies in the world predicts a 0.6--0.8% decline within a year in the volume of total trade … between countries in the rest of the world, controlling for the global business cycle. 4) Using a novel Bayesian …

We explore the different factors that drive expected returns in world markets. Our research offers two innovations …

Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …