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Implications of the Great Depression for the Development of the International Monetary System

Bordo, Michael D.; Eichengreen, Barry - 2021

monetary system from 1928-1971 and simulate its implications for the determination of the world price level and the durability … implications for economic growth and resource allocation of allowing 1920s-style international capital mobility after World War II …

Persistent link: https://www.econbiz.de/10013249557

Contagious Currency Crises

Eichengreen, Barry; Rose, Andrew Kenan; Wyplosz, Charles - 2010

This paper is concerned with the fact that the incidence of speculative attacks tends to be temporally correlated; that is, currency crises appear to pass contagiously from one country to another. The paper provides a survey of the theoretical literature, and analyzes the contagious nature of...

Persistent link: https://www.econbiz.de/10014076135

Macroeconomic Adjustment Under Bretton Woods and the Post-Bretton Woods Float : An Impulse-Response Analysis

Bayoumi, Tamim; Eichengreen, Barry - 2021

We use time-series methods to estimate a simple aggregate-supply aggregate-demand model in order to analyze the comparative performance of fixed- and flexible-exchange-rate systems and test competing hypotheses designed to explain shifts between exchange-rate regimes. The paper provides a...

Persistent link: https://www.econbiz.de/10013226928

Who Should Supervise? The Structure of Bank Supervision and the Performance of the Financial System

Eichengreen, Barry - 2011

We assemble data on the structure of bank supervision, distinguishing supervision by the central bank from supervision … countries from 1998 through 2010, we find that supervisory responsibility tends to be assigned to the central bank in low …. Countries with independent supervisors other than the central bank have fewer nonperforming loans as a share of GDP even after …

Persistent link: https://www.econbiz.de/10013120309

Insurance Underwriter or Financial Development Fund : What Role for Reserve Pooling in Latin America?

Eichengreen, Barry - 2010

The accumulation of international reserves by emerging markets raises the question of how to best utilize these funds. This paper explores two routes through which the pooling of reserves could enhance stability and welfare. First, the reserve pool could be used for emergency lending in response...

Persistent link: https://www.econbiz.de/10012760717

The real exchange rate and export growth : are services different?

Eichengreen, Barry; Gupta, Poonam - 2013

Persistent link: https://www.econbiz.de/10010204675

Lending booms, reserves, and the sustainability of short-term debt : inferences from the pricing of syndicated bank loans

Eichengreen, Barry; Mody, Ashoka - 1999

Persistent link: https://www.econbiz.de/10001408956

When Fast Growing Economies Slow Down : International Evidence and Implications for China

Eichengreen, Barry - 2011

Using international data starting in 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points, when their per capita...

Persistent link: https://www.econbiz.de/10013127765

The External Impact of China's Exchange Rate Policy : Evidence from Firm Level Data

Eichengreen, Barry - 2011

We examine the impact of renminbi revaluation on firm valuations, considering two surprise announcements of changes in China's exchange rate policy in 2005 and 2010 and data on 6,050 firms in 44 countries. Renminbi appreciation has a positive effect on firms exporting to China but little...

Persistent link: https://www.econbiz.de/10013118251

Current Account Reversals : Always a Problem?

Eichengreen, Barry - 2012

and pre-World War I gold standard eras …

Persistent link: https://www.econbiz.de/10013099286