Search Results - "Terrones, Marco E."

How do business and financial cycles interact? by Claessens, Stijn, Kose, M. Ayhan, Terrones, Marco E.

“…This paper analyzes the interactions between business and financial cycles using an extensive database covering 44 countries for the period 1960:1–2010:4. Our…”
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How Does Globalization Affect the Synchronization of Business Cycles? by Kose, M. Ayhan, Prasad, Eswar S., Terrones, Marco E.

“…The results in this paper provide at best limited support for the conventional wisdom that globalization leads to an increase in the degree of synchronization…”
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Do fixers perform worse than non-fixers during global recessions and recoveries? by Terrones, Marco E.

“…•There are no significant long-term growth differences between fixers and non-fixers.•Fixers are more affected by a global recession than non-fixers, yet this…”
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What happens during recessions, crunches and busts? by Claessens, Stijn, Kose, M. Ayhan, Terrones, Marco E.

“…We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles,…”
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Precautionary demand for foreign assets in Sudden Stop economies: An assessment of the New Mercantilism by Durdu, Ceyhun Bora, Mendoza, Enrique G., Terrones, Marco E.

“…Financial globalization had a rocky start in emerging economies hit by Sudden Stops. Foreign reserves have grown very rapidly since then, as if those countries…”
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Do asset price drops foreshadow recessions? by Bluedorn, John C., Decressin, Jörg, Terrones, Marco E.

“…This paper examines the usefulness of asset prices in predicting the beginnings of recessions in the G-7 countries. It finds that equity/house price drops have…”
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Does openness to international financial flows raise productivity growth? by Ayhan Kose, M., Prasad, Eswar S., Terrones, Marco E.

“…Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while…”
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Does financial globalization promote risk sharing? by Kose, M. Ayhan, Prasad, Eswar S., Terrones, Marco E.

“…In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide…”
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Does financial sector development affect the growth gains from trade openness? by Ramírez-Rondán, N. R., Terrones, Marco E., Vilchez, Andrea

“…A sizeable literature suggests that financial sector development could be an important enabler of the growth benefits of trade openness. We provide a…”
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How do trade and financial integration affect the relationship between growth and volatility? by Kose, M. Ayhan, Prasad, Eswar S., Terrones, Marco E.

“…The influential work of Ramey and Ramey [Ramey, G., Ramey, V.A., 1995. Cross-country evidence on the link between volatility and growth. American Economic…”
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Fiscal deficits and inflation by Catão, Luis A.V., Terrones, Marco E.

“…Macroeconomic theory postulates that persistent fiscal deficits are inflationary. Yet empirical research has had limited success in uncovering this…”
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The global financial crisis: How similar? How different? How costly? by Claessens, Stijn, Ayhan Kose, M., Terrones, Marco E.

“…This paper provides a brief analysis of three major questions raised in the context of the recent global financial crisis. First, how similar is the crisis to…”
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On the solvency of nations: Cross-country evidence on the dynamics of external adjustment by Durdu, C. Bora, Mendoza, Enrique G., Terrones, Marco E.

“…We test the hypothesis that net foreign asset positions are consistent with external solvency and examine the dynamics of external adjustment using data for 50…”
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From the Global to the National Cycle: An Intricate Liaison by Kose, M. Ayhan, Loungani, Prakash, Terrones, Marco E.

“…This paper examines the linkages between the global business cycle and national cycles. We first analyse the evolution of the global business cycle and present…”
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Financial Integration and Macroeconomic Volatility by Kose, M. Ayhan, Prasad, Eswar S., Terrones, Marco E.

“…This paper examines the impact of international financial integration on macroeconomic volatility. Economic theory does not provide a clear guide to the…”
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Uncertainty and the uncovered interest parity condition: How are they related? by Ramírez-Rondán, Nelson R., Terrones, Marco E.

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Growth and Volatility in an Era of Globalization by Ayhan Kose, M., Prasad, Eswar S., Terrones, Marco E.

“…We extend the analysis in Kose, Prasad, and Terrones (2005) to provide a comprehensive examination of the cross-sectional relationship between growth and…”
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What happens during recessions, crunches and busts? by Claessens, Stijn, Kose, M Ayhan, Terrones, Marco E, Ottaviano, Gianmarco I.P.

“…We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles,…”
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Financial Cycles: What? How? When? by Claessens, Stijn, Kose, M. Ayhan, Terrones, Marco E.

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Globalization, the Business Cycle, and Macroeconomic Monitoring by Aruoba, S. Borağan, Diebold, Francis X., Kose, M. Ayhan, Terrones, Marco E.

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