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

Risk Response Index, which reflects the country-specific sensitivity of capital flow pressures to measures of global risk … aversion. For a large sample of countries over time, we demonstrate time variation in the effects of global risk on exchange … market pressures, the evolving importance of the global factor across types of countries, and the changing risk-on or risk …

of a 3-dimensional panel of prices of 95 very disaggregated goods (e.g., light bulbs) in 83 cities from around the world …

The risk sensitivity of international capital flow pressures is explored using a new Exchange Market Pressure index … masked by foreign exchange interventions and policy rate adjustments. The sensitivity of capital flow pressures to risk … between normal time and extreme stress events. Across countries, risk sensitivities and safe haven status are associated with …