The Regionalization of the World Economy
Frankel, J.A. (editor) (1998)
Abstract: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.
The Economic and Monetary Union: Current and Future Prospects
Arestis, P. & M. Sawyer (1999)
Abstract: The euro was adopted as legal tender, albeit in a virtual form, by 11 countries of the European Union on January 1, 1999, with the intention that notes and coins denominated in euros would be introduced and the national currencies would be phased out during the first six months of that year and that the euro would be fully operational by 2002. This paper first reviews the current position of the EMU member states in relation to the convergence criteria under the Maastricht Treaty and finds that there must have been a considerable degree of "fudge" for the criteria to have been met. The paper next looks at the central role of aggregate demand in the EMU and at concerns about unemployment. It next examines the prospects of the current EMU arrangements, concluding that they are highly deflationary. To overcome the deflationary bias of current proposals and as a means to alleviate the serious unemployment problem, the authors recommend that the European Central Bank be enhanced by (1) the development of a new institution, the European Union Development Bank, and (2) a modification of the Stability and Growth Pact.
Fiscal Federalism and European Integration: Implications for Fiscal and Monetary Policies
Gramlich, E.M. & P.R. Wood (2000)
The Contested Meaning of Labour Market Flexibility: Economic Theory and the Discourse of European Integration
Deakin, S. & H. Reed (2000)
Price Level Convergence in Europe
Rogers, J.H., G.C. Hufbauer & E. Wada (2001)
Fiscal Consolidation and the Probability Distribution of Deficits: A Stochastic Analysis of the Stability Pact
Hallett, A.J.H. & P. McAdam (2001)
Stabilization policy in a two country model and the role of financial frictions
Faia, E. (2001)
Trade Integration and Risk Sharing
Kraay, A. & J. Ventura (2001)
Tax Harmonization versus Tax Competition in Europe: A Game Theoretical Approach
Fourcans, A. & T. Warin (2001)
How Accession to the European Union Has Affected External Trade and Foreign Direct Investment in Central European Economies
Kaminski, B. (2001)
A Macroeconomic Experiment in Mass Immigration
Hercowitz, Z. & E. Yashiv (2001)
The width of the intra-european economic borders
de Serres, A., P. Hoeller & C. de la Maisonneuve (2001)
Abstract: This paper first provides a brief overview of the literature on market segmentation and then presents an empirical exercise that sheds more light on the significance of border effects across European countries. The literature suggests that integration in the EU goods and financial markets is typically more advanced than among the other OECD countries. On the other hand, integration in Europe remains significantly lower than that observed between regions within countries. The empirical exercise is based on a set of comparable price data of tradeable goods collected just before the launch of the single currency. The paper finds that for a given distance, crossing national borders adds significantly to the price differential across European cities. However, this border effect is substantially smaller than the one found in previous estimates focusing on European and North American cities, which were based on the comparison of much broader price indices such as the consumer price index.
Economic Integration and Monetary Union
REVIEW PAPER
Coleman, A. (2001)
Real Convergence to EU Income Levels: Central Europe from 1990 to the Long Term
Doyle, P., L. Kuijs & G. Jiang (2001)
On the eve of EU enlargement
Welteke, E. October 2001
The Dynamic Impact on the Central-East European Economies of Accession to the European Union
Dyker, D.A. (2001)
Globalisation, European Integration and the Persistence of European Social Models
Hay, C., M. Watson & D. Wincott (2001)
Fiscal Federalism, EMU and Shock Absorption Mechanisms: A Guide to the Literature
REVIEW PAPER
Pacheco, L.M. (2001)
European Labour Markets and the Euro: How Much Flexibility Do We Really Need?
Burda, M.C. (2001)
The Art of Making Everybody Happy: How to Prevent a Secession
Le Breton, M. & S. Weber (2001)
What Does the European Union Do?
Alesina, A., I. Angeloni & L. Schuknecht (2001)
The Influence of Capital Market Integration on Production and Market Structures
Koop, M.J. (2001)
Instability and non-linearity in the EMU
Marcellino, M. (2001)
Growth and Convergence in a Two-Region Model: The Hypothetical Case of Korean Unification
Funke, M. & H. Strulik (2002)
Wages and wage-bargaining institutions in the EMU a survey of the issues
REVIEW PAPER
Calmfors, L. (2002)
How mobile is capital within the European Union?
Gorter, J. & A. Parikh (2002)
EU Regional and Cohesion Policy and Economic Integration of the Accession Countries
Bergs, R. (2002)
The ECB and Euro-Area Enlargement
Berger, H. (2002)
Trade Costs, Market Integration, and Macroeconomic Volatility
Brunner, A. & K. Naknoi (2003)
Arab Economic Integration: Between Hope and Reality
CONFERENCE VOLUME
Galal, A. & B. Hoekman (Editors) (2003)
Bayesian VARs: A Survey of the Recent Literature with an Application to the European Monetary System
Ciccarelli, M. & A. Rebucci (2003)
Regional Integration in East Asia: Challenges and Opportunities--Part I: History and Institutions
  
Sakakibara, E. & S. Yamakawa (2003)
Abstract: Over the past decade, regional integration has become the focus of intense global interest and debate, and the regionalization of East Asia has figured prominently in that dialogue. East Asia can be described as a heterogeneous region that is both global and intraregional. Sakakibara and Yamakawa examine the motivating factors and underlying dynamics of the progression toward closer cooperation in the region beginning from a historical perspective, which sets the stage for an evaluation of the form that regional cooperation might take so as not to sacrifice the benefits of the region’s already achieved openness. This examination includes a review of the lingering effects of the 1997–98 Asian crisis, the expanding role of China in the region, the prolonged slump in Japan’s economy, and the evolution of regional institutions such as the Asia-Pacific Economic cooperation and the Association of Southeast Asian Nations, among others. The authors focus on trade, direct investment, and the financial and monetary aspects of regional cooperation. In their analysis, they compare other regions, particularly the European Union and the North American Free Trade Agreement. Finally, the authors suggest cooperative steps the region might take over the next decade to promote the growth and stability of its member economies. In this regard, they look at the future role of regional institutions, the prospects for a regional role in promoting trade and foreign direct investment, and the possibilities for financial and monetary cooperation.
Regional Integration in East Asia: Challenges and Opportunities--Part II: Trade, Finance, and Integration
  
Sakakibara, E. & S. Yamakawa (2003)
Abstract: Sakakibara and Yamakawa analyze the patterns of East Asia’s trade and foreign direct investment (FDI) from a global and intraregional perspective, taking into account the importance of trade and FDI interlinkages. They propose two regionally-focused approaches to promoting trade and FDI in East Asia—regional agreements and regional production networks. The East Asia crisis strengthened appeals for regional cooperation in the financial area. As a result, a number of financial arrangements and initiatives have emerged since the crisis, the most prominent of these, the Chiang Mai Initiative. (The Association of Southeast Asian Nations plus China, the Republic of Korea, and Japan decided at their meeting in Chiang Mai, Thailand, in May 2000, to establish a regional network of swap arrangements.) While opening of the capital account is considered desirable in the long run, it is associated with considerable risk, particularly if macroeconomic policies are not sound and financial supervision and regulation is weak. Because of the potential volatility associated with floating regimes and the desire to avoid another crisis in the region, the authors discuss a number of options.
On the Hidden Links Between Financial and Trade Opening | Published
Aizenman, J. (2003/08)
The Chinese Economies in Global Context: The Integration Process and Its Determinants
Cheung, Y-W., M.D. Chinn, E. Fujii (2003)
Nominal Exchange Rate Regimes and Relative Price Dispersion: On the Importance of Nominal Exchange Rate Volatility for the Width of the Border
Beck, G.W. (2003)
Net Foreign Assets And Imperfect Financial Integration: An Empirical Approach
Selaive, J. & V. Tuesta (2003)
Market Integration and Economic Development: A Long-run Comparison | Alternative
Keller, W. & C.H. Shiue (2004)
Recent Trends in Border Economics
Fullerton, T.M., Jr (2003)
Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913
Canjels, E., G. Prakash-Canjels & A.M. Taylor (2004)
Financial Integration: A New Methodology and an Illustration
Flood, R.P. & A.K. Rose (2004)
Regional spillovers, economic growth, and the effects of economic integration
Holod, D. & R.R. Reed, III (2004)
On the Weights of Nations: Assigning Voting Weights in a Heterogeneous Union
Barbera, S. & M.O. Jackson (2004)
A Constitution for the European Union
Blankart, C.B. & D.C. Mueller (editors) (2004)
Abstract: International economists and other scholars address the major issues that arise in writing a European constitution, including the evolution of federalism and the role of direct democracy.
Managing European Union Enlargement
Berger, H. & T. Moutos (editors) (2004)
Abstract: In May 2004 the European Union will undergo the largest expansion in its history when ten countries--Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia--become members. The number of new members and their diversity make this "big bang" enlargement particularly challenging. Not only do these countries vary widely in language, culture, and geography, but also their per capita income is less than half that of existing members. EU officials believe that expanded integration will serve the EU's objectives of peace, stability, prosperity, and democracy; but the less abstract questions of costs and benefits of enlargement are more complex. Each of the chapters in this CESifo volume addresses a different aspect of EU expansion. The contributors, all leading international practitioners and scholars, consider such topics as the effect of euro zone expansion on European Central Bank monetary policy making; using the euro as an external anchor for a national currency; worker migration and income differentials; the Swiss experience with immigration policy in a direct democracy framework; detailed sector analysis using a computable general equilibrium model of the world economy; investment and job creation and destruction in incumbent member countries; and the asymmetric effects of enlargement on high- and low-income incumbent countries. Taken together, the chapters provide useful guidance in shaping the EU policies of the future.
EU Enlargement, Migration and the New Constitution
Sinn, H-W. (2004)
Economic integration and privatisation under diseconomies of scale
Barcena-Ruiz, J.C. & G.M. Begona (2005)
Determinants of Union Membership in 18 EU Countries: Evidence from Micro Data, 2002/03
Schnabel, C. & J. Wagner (2005)
On the gains from international financial integration
Wright, M.L.J. (2005)
Tradability, Productivity, and Understanding International Economic Integration | Published
Bergin, P.R. & R. Glick (2005/07)
Borders and Growth
Wacziarg, R.T. & E. Spolaore (2005)
What Does European Institutional Integration Tell Us About Trade Integration?
Mongelli, F.P., E. Dorrucci & I. Agur (2005)
The real effects of financial integration
Imbs, J. (2006)
The 'Sense and Nonsense of Maastricht' Revisited: What Have We Learnt About Stabilization In EMU?
Buiter, W. (2006)
Economic Integration and Similarity in Trade Structures
Tajoli, L. & L. de Benedictis (2006)
Macroeconomic and Financial Stability Challenges for Acceding and Candidate Countries
Winkler, A. & R. Beck (2006)
Cartel Stability and Economic Integration
Schröder, P.J.H. (2007)
Countries, regions and trade: On the welfare impacts of economic integration
Behrens, K., C. Gaigné, G.I.P. Ottaviano & J-F. Thisse (2007)
European integration, productivity growth and real convergence
Kutan, A.M. & T.M. Yigit (2007)
Is there really a “border effect”?
Mahbub Morshed, A.K.M. (2007)
Sustaining Collusion under Economic Integration
Colombo, L. & P. Labrecciosa (2007)
Tariffs, Trains, and Trade: The Role of Institutions versus Technology in the Expansion of Markets
Keller, W. & C.H. Shiue (2008)
The Economic Impact of European Integration
Boltho, A. & B. Eichengreen (2008)
Financial Integration and Risk-Adjusted Growth Opportunities
De Nicoló, G. & I.V. Ivaschenko (2008)
How Big are the Gains from International Financial Integration?
Hoxha, I., S. Kalemli-Ozcan & D. Vollrath (2008)
Thresholds in the Process of International Financial Integration | Published
Kose, M.A., E.S. Prasad & A.D. Taylor (2009/11)
Global market integration: An alternative measure and its application
Pukthuanthong, K. & R. Roll (2009)
The dark side of global integration: Increasing tail dependence
Beine, M., A. Cosma & R. Vermeulen (2009)
European stock market integration: Fact or fiction?
Bley, J. (2009)
EMU, EU, capital market integration and consumption smoothing
Christev, A. & J. Mélitz (2010)
Deep Financial Integration and Volatility
Kalemli-Ozcan, S., B.E. Sorensen & V. Volosovych (2010)
Whence Policy? Government Policies, Finance, and Economic Integration
Bertola, G. & A.L. Prete (2010)
Currency Unions in Prospect and Retrospect
Santos Silva, J.M.C. & S. Tenreyro (2010)
Dynamic European stock market convergence: Evidence from rolling cointegration analysis in the first euro-decade
Mylonidis, N. & C. Kollias (2010)
(Inter-state) Banking and (Inter-state) Trade: Does Real Integration Follow Financial Integration? | Published
Michalski, T. & E. Örs (2010/12)
How strong is the global integration of emerging market regions? An empirical assessment
Guesmi, K. & D.K. Nguyen (2011)
Determinants of European stock market integration
Büttner, D. & B. Hayo (2011)
Financial Distortions and the Distribution of Global Volatility
Eden, M. (2012)
Optimal fiscal barriers to international economic integration in the presence of tax havens
Johannesen, N. (2012)
Multiple equilibria in the dynamics of financial globalization: The role of institutions
Van Campenhout, B. & D.Cassimon (2012)
Integration of 22 emerging stock markets: A three-dimensional analysis
Graham, M., J. Kiviaho & J. Nikkinen (2012)
Comparative Advantage and the Welfare Impact of European Integration
Levchenko, A.A. & J. Zhang (2012)
Fiscal Unions
Werning, I. & E. Farhi (2012)
How Big are the Gains from International Financial Integration?
Hoxha, I., S. Kalemli-Ozcan & D. Vollrath (2013)
Stock and Foreign Exchange Market Linkages in Emerging Economies
Andreou, E., M. Matsi & A. Savvides (2013)
Macro Fiscal Policy in Economic Unions: States as Agents
Carlino, G. & R.P. Inman (2013)
The Optimal Design of a Fiscal Union
Hoddenbagh, J. & M. Dmitriev (2013)
A Volatility-based Theory of Fiscal Union Desirability
Luque, J., M. Morelli & J. Tavares (2014)
Economic integration and the optimal corporate tax structure with heterogeneous firms
Bauer, C., R.B. Davies & A. Haufler (2014)
Journey into the Unknown? Economic Consequences of Factor Market Integration under Increasing Returns to Scale
Schafer, A. & T. Steger (2014)
Does Aid-for-Trade from the North Promote South-South Trade?
Hühne, P., B. Meyer & P. Nunnenkamp (2014)
Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
Mendoza, E.G., L.L. Tesar & J. Zhang (2014)
How Close is Asia to Already Being A Trade Bloc?
Li, C. & J. Whalley (2014)
Natural Resources, Decentralization, and Risk Sharing: Can resource booms unify nations?
Perez-Sebastian, F. & O. Raveh (2014)
On the Individual Optimality of Economic Integration | Published
Castro, R. & N. Koumtingue (2014)
Financial integration, housing, and economic volatility
Loutskina, E. & P.E. Strahan (2014)
Historical trade integration: Globalization and the distance puzzle in the long 20th century
Standaert, S., S. Ronsse & B. Vandermarliere (2014)
Banking Union Optimal Design under Moral Hazard
Zoican, M.A. & L.A. Gornicka (2014)
Evaluating international financial integration in a center-periphery economy
Yu, C. (2015)
Banking union as a shock absorber
Belke, A. & D. Gros (2015)
How firms use corporate bond markets under financial globalization
Gozzi, J.C., R. Levine, M.S. Martinez Peria & S.L. Schmukler (2015)
Trilemmas and trade-offs: living with financial globalisation
Obstfeld, M. (2015)
Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence
Mikolajun, I. & J-M. Viaene (2015)
Migration State and Welfare State: Competition vs. Coordination in an Economic Union
Razin, A. & E. Sadka (2015)
A Coasian Model of International Production Chains
Fally, T. & R. Hillberry (2015)
Waves of international banking integration: A tale of regional differences
Bouvatier, V. & A-L. Delatte (2015)
Supervisory Incentives in a Banking Union
Carletti, E., G. Dell'Ariccia & R. Marquez (2016)
Modelling the long-run economic impact of leaving the European Union
Ebell, M., I. Hurst & J. Warren (2016)
Less is more: Testing financial integration using identification-robust asset pricing models
Beaulieu, M-C., M-H. Gagnon & L. Khalaf (2016)
Capital market integration and consumption risk sharing over the long run
Rangvid, J., P. Santa-Clara & M. Schmeling (2016)
On the implications of introducing cross-border loss-offset in the European Union
Kalamov, Z.Y. & M. Runkel (2016)
European Economic Integration and Comparative Advantages
SURVEY PAPER
Boglioni, M. & S. Zambelli (2016)
Openness, Specialization, and the External Vulnerability of Developing Countries
Barrot, L.D., C. Calderón & L. Servén (2016)
Surprised or not surprised? The investors' reaction to the comprehensive assessment preceding the launch of the banking union
Carboni, M., F. Fiordelisi, O. Ricci & F.S. Stentella Lopes (2016)
Market Integration as a Mechanism of Growth
Keller, W. & C.H. Shiue (2016)
How Large Are the Gains from Economic Integration? Theory and Evidence from U.S. Agriculture, 1880-1997
Costinot, A. & D. Donaldson (2016)
Demand and Distribution in Integrated Economies
Rezai, A. (2016)
Short-Run Pain, Long-Run Gain: The Conditional Welfare Gains from International Financial Integration
Boucekkine, R., G. Fabbri & P.A. Pintus (2016)
Open Borders in the European Union and Beyond: Migration Flows and Labor Market Implications
Kennan, J. (2017)
On the Global Financial Market Integration "Swoosh" and the Trilemma | Published
Bekaert, G. & A. Mehl (2017/19)
The migration of professionals within the EU: Any barriers left?
Capuano, S. & S. Migali (2017)
The Euro and the Battle of Ideas
Brunnermeier, M., H. James & J-P. Landau (2017)
The Impact of Brexit on Foreign Investment and Production | Published
McGrattan, E.R. & A.L. Waddle (2017/20)
Growth and convergence in South-South integration areas: An empirical analysis
Sperlich, S. & Y. Sperlich (2017)
The real effects of financial (dis)integration: A multi-country equilibrium analysis of Europe
Chakraborty, I., R. Hai, H.A. Holter & S. Stepanchuk (2017)
The Impact of Brexit on Foreign Investment and Production
McGrattan, E.R. & A. Waddle (2017)
Financial Markets and Fiscal Unions
Kehoe, P.J. & E. Pastorino (2017)
Fiscal Unions Redux
Kehoe, P.J. (2017)
International Financial Integration in the Aftermath of the Global Financial Crisis
Lane, P.R. & G.M. Milesi-Ferretti (2017)
Detecting capital market convergence clubs
Beylunioglu, F.C. , T. Stengos & M.E. Yazgan (2017)
A Note on Risk Sharing versus Instability in International Financial Integration: When Obstfeld Meets Stiglitz
Boucekkine, R. & B. Zou (2017)
Financial Globalization: A Glass Half Empty?
Abraham, F. & S.L. Schmukler (2017)
The costs and benefits of leaving the EU: trade effects
Dhingra, S., H. Huang, G. Ottaviano, J.P. Pessoa & T. Sampson (2017)
The winners and losers of tax reform: An assessment under financial integration
Kabukçuoglu, A. (2017)
Border Effects Without Borders: What Divides Japan's Internal Trade?
Wrona, J. (2018)
The Global Banking Network: What is Behind the Increasing Regionalization Trend?
Cerutti, E.M. & H. Zhou (2018)
The Impact of Brexit on EU27 on Trade, Investments and Financial Services
Rehman, S.S. & P. Della Posta (2018)
National Identity under Economic Integration
Chiang, C-F., J-T. Liu & T-W. Tsai (2018)
How crucial are preferences for non-tradable goods and cross-country sectoral TFP gap for integration?
Davin, M., K. Gente & C. Nourry (2018)
Balanced-budget rules and risk-sharing in a fiscal union
Dashkeev, V.V. & S.J. Turnovsky (2018)
An Imperfect Financial Union With Heterogeneous Regions
Balestrieri, F. & S.S. Basu (2018)
The heterogeneous impact of Brexit: Early indications from the FTSE
Davies, R.B. & Z. Studnicka (2018)
Are Banking and Capital Markets Union Complements? Evidence from Channels of Risk Sharing in the Eurozone
Hoffmann, M., E. Maslov, B.E. Sørensen & I. Stewen (2018)
Are banking and capital markets union complements? Evidence from channels of risk sharing in the Eurozone
Hoffmann, M., E. Maslov, B.E. Sørensen & I. Stewen (2018)
Capital shares and the intergenerational consequences of international financial integration
Eugeni, S. (2018)
International financial integration in a changing policy context - The end of an era?
Chinn, M., M.B. Devereux & R. Kollmann (2019)
Managing the Yield Curve in a Financially Globalized World
Ito, H. & P. Tran (2019)
Was Brexit triggered by the old and unhappy? Or by financial feelings?
Liberini, F., A.J. Oswald, E. Proto & M. Redoano (2019)
Institutional integration and economic growth in Europe
Campos, N.F., F. Coricelli & L. Moretti (2019)
Market Regulation, Cycles and Growth in a Monetary Union
Abbritti, M. & S. Weber (2019)
Cross-country spillovers of fiscal consolidations in the euro area
Poghosyan, T. (2019)
Stock market integration between the UK and the US: Evidence over eight decades
Aladesanmi, O., F. Casalin & H. Metcalf (2019)
Two centuries of global financial market integration: Equities, government bonds, treasury bills, and currencies
Zaremba, A., G.D. Kambouris & A. Karathanasopoulos (2019)
International credit market integration in northwestern Europe in the 1670s
Li, L-F. (2019)
The Impact of Brexit on UK Firms
Bloom, N., P. Bunn, S. Chen, P. Mizen, P. Smietanka & G. Thwaites (2019)
The Effects of International Financial Integration in a Model with Heterogeneous Firms and Credit Frictions
Clemens, C. & M. Heinemann (2019)
A Theory of Economic Unions | Published
Gancia, G., G.A.M. Ponzetto & J. Ventura (2019/20)
Volatility spillovers across European stock markets under the uncertainty of Brexit
Li, H. (2019)
Hard Brexit ahead: breaking the deadlock
Felbermayr, G.J., C. Fuest, H. Gersbach, A.O. Ritschl, M. Thum, M.T. Braml & M. Braml (2019)
Optimal Supervisory Architecture and Financial Integration in a Banking Union
Colliard, J-E. (2020)
How does BREXIT affect production patterns of multinational enterprises?
Oyamada, K. (2020)
Commuting across the Irish border
Ahrens, A., J. FitzGerald & S. Lyons (2020)
On Public Spending and Unions
Broner, F., A. Martin & J. Ventura (2020)
The more the Merrier? The reaction of euro area stock markets to new members
Grigaliuniene, Z., D. Celov & C.A. Hartwell (2020)
Financial integration and growth in a risky world
Coeurdacier, N., H. Rey & P. Winant (2020)
Capital markets integration and economic growth in the European Union
Orlowski, L.T. (2020)
Financial integration in Europe through the lens of composite indicators
Hoffmann, P., M. Kremer & S. Zaharia (2020)
On Public Spending and Economic Unions
Broner, F., A. Martin & J. Ventura (2020)
Close encounters of the European kind: Economic integration, sectoral heterogeneity and structural reforms
Campos, N.F., V.Z. Eichenauer & J-E. Sturm (2020)
The Financial Connectedness Between Eurozone Core and Periphery: A Disaggregated View
Magkonis, G. & A. Tsopanakis (2020)
Emerging Markets Are Catching Up: Economic or Financial Integration?
Akbari, A., L. Ng & B. Solnik (2020)
What a network measure can tell us about financial interconnectedness and output volatility
Xu, Y. & J. Corbett (2020)
National support for the European integration project: Does financial integration matter?
Esteve-González, P., H. Herwartz & B. Theilen (2021)
Overcoming History Through Exit or Integration: Deep-Rooted Sources of Support for the European Union
Gehring, K. (2021)
Regional Convergence in Large Emerging Economies: A Distribution Dynamics Approach
Tochkov, K. (2021)
The Brexit policy shock: Were UK services exports affected, and when?
Douch, M. & T.H. Edwards (2021)
Migration and Redistribution: Federal Governance of an Economic Union Matters
Razin, A. & E. Sadka (2021)
Regulatory and Bailout Decisions in a Banking Union
Haufler, A. (2021)
Using Brexit to identify the nature of price rigidities
Hobijn, B., F. Nechio & A.H. Shapiro (2021)
Banks' risk-taking within a banking union
Farnè, M. &l A. Vouldis (2021)
Banks' risk-taking within a banking union
Farnè, M. & A. Vouldis (2021)
Brexit and the contraction of syndicated lending
Berg, T., A. Saunders, L. Schäfer & S. Steffen (2021)
Economic integration and unit labour costs
Piton, S. (2021)
Exporters and shocks: The impact of the Brexit vote shock on bilateral exports to the UK
Fernandes, A.P. & L.A. Winters (2021)
Trade Integration, Global Value Chains, and Capital Accumulation
Sposi, M., K-M. Yi & J. Zhang (2021)
Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement
Caliendo, L., L.D. Opromolla, F. Parro & A. Sforza (2021)
The economics of domestic market integration
SURVEY PAPER
Gunessee, S. & C. Zhang (2021)
Dynamic optimal fiscal policy in a transfer union
Gross, T. (2021)
Redesigning EU fiscal rules: from rules to standards
Blanchard, O., A. Leandro & J. Zettelmeyer (2021)
EU transfers and euroscepticism: can't buy me love?
Borin, A., E. Macchi & M. Mancini (2021)
Financial flows, macro-prudential policies, capital restrictions and institutions: what do gravity equations tell us?
Bricongne, J.C., A. Cosson; A. Garnier-Sauveplane, R. Lecat, I. Peresa & Y. Vanzhulova (2021)
The anatomy of government bond yields synchronization in the Eurozone
Barbieri, C., M. Guerini & M. Napoletano (2021)
The Existential Trilemma of EMU in a Model of Fiscal Target Zone
Della Posta, P. & R. Tamborini (2021)
Numerical fiscal rules for economic unions: The role of sovereign spreads
Hatchondo, J.C., L. Martinez & F. Roch (2022)
Financial integration in the EU28 equity markets: Measures and drivers
Nardo, M., E. Ossola & E. Papanagiotou (2022)
Financial integration and the correlation between international debt and equity flows
Shen, H. (2022)
Dynamic interactions between trade globalization and financial globalization: A heterogeneous panel VAR approach
Kim, S., S. Shim & D. Park (2022)
Natural trading partners versus empires in East and Southeast Asia regional integration (1840-1938)
Ayuso-Díaz, A. (2022)
The Brexit Vote, Inflation, and U.K. Living Standards
Breinlich, H., E. Leromain, D. Novy & T. Sampson (2022)
International financial integration and total factor productivity losses from underdeveloped domestic financial markets
Han, M. (2022)
Financial structure convergence
Sever, C. (2022)
Gainers and losers from market integration
Gersbach, H. & H. Haller (2022)
Financial integration and the co-movement of economic activity: Evidence from U.S. states
Goetz, M.R. & J.C. Gozzi (2022)
A structural approach to measuring the degree of economic integration: Evidence from G-7 countries
Aysun, U. (2022)
Brexit and global equity fund capital reallocation
Gao, X., Y. Hu, H. Wang & X. Wang (2022)
Measuring market integration during crisis periods
Qin, W., S. Cho & S. Hyde (2022)
Expecting Brexit
Dhingra, S. & T. Sampson (2022)
Complex Europe: Quantifying the cost of disintegration
Felbermayr, G., J. Gröschl & I. Heiland (2022)
The economics of domestic market integration
SURVEY PAPER
Gunessee, S. & C. Zhang (2022)
Brexit and Japanese foreign direct investment in the UK: a sectoral analysis
Cieslik, A. & M. Ryan (2022)
The United States of Europe: A Gravity Model Evaluation of the Four Freedoms
Head, K. & T. Mayer (2022)
Exploring the impact of economic integration agreements through extreme bounds analysis
Park, B. & J. Beghin (2023)
The Extent and Composition of Automatic Stabilization in EU Countries
Coady, D., S. De Poli, A. Hernández, A. Papini & A. Tumino (2023)
Measuring Financial Integration: More Data, More Countries, More Expectations
Chinn, M.D. & H. Ito (2023)
The kindness of strangers: Brexit and bilateral financial linkages
Fischer, A.M. & P. Yesin (2023)
The European Union in the age of slowbalisation
Della Posta, P. (2023)
Regional economic integration and machine learning: Policy insights from the review of literature
De Lombaerde, P., D. Naeher, H.T. Vo & T. Saber (2023)
From local to global: A theory of public basic research in a globalized world
Gersbach, H., U. Schetter & S. Schmassmann (2023)
Integrated versus segmented markets: Implications for export pricing and welfare
Becker, R., S. Nigai & T. Seidel (2023)
Spain, Split and Talk: Quantifying Regional Independence
Adam, H., M. Larch & J. Paniagua (2023)
A Theory of Economic Disintegration
Janeba, E. & K. Schulz (2024)
Structural gravity and the gains from trade under imperfect competition: Quantifying the effects of the European Single Market
Heid, B. & F. Stähler (2024)
A theory of international unions with exits
Kobielarz, M.L. (2024)
How has Brexit changed EU-UK trade flows?
Kren, J. & M. Lawless (2024)
Inter-regional barriers and economic growth: Evidence from China
Han, Y. & M. Wu (2024)
Measuring stock market integration during the Gold Standard
Stuart, R. (2024)
Institutions, international financial integration, and output growth
Binder, M., Y.L. Cheung, G. Georgiadis & S. Sharma (2024)
The negative impact of disintegration on trade: The case of Brexit
de Lucio, J., R. Mínguez, A. Minondo & F. Requena (2024)
One scheme fits all: A central fiscal capacity for the EMU targeting eurozone, national and regional shocks
Beetsma, R., J. Cimadomo & J. van Spronsen (2024)
The "Benefits" of being small: Loose fiscal policy in the European Monetary Union
Crombach, L., F. Bohn & J-E. Sturm (2024)
A Theory of Optimum Currency Areas
Mundell, R. (1961)
Abstract: While it is obvious that periodic balance-of-payments crises will remain an integral feature of the international economic system as long as fixed exchange rates and rigid wage and price levels prevent the terms of trade from fulfilling a natural role in the adjustment process, the present paper cautions against the practicability of a system of national currencies connected by flexible exchange rates. In so doing, it presents a theory of optimum currency areas.
Optimum Currency Areas
McKinnon, R. (1963)
Abstract: This paper presents a simple model of a single currency area, and analyzes whether such an area should maintain flexible rates with the outside world. It finds that when we move across the spectrum from closed to open economies, flexible exchange rates become both less effective as a control device for external balance and more damaging to internal price-level stability.
Is there a Currency Bloc in the Pacific?
Frankel, J.A. (1999)
Whither EMU? Revisiting the EMU One Year On
Lim, J.J. (2000)
Toward a Common Currency?
Cooper, R. (2000)
One Money, One Market: Estimating the Effect of Common Currencies on Trade
Rose, A. (2001)
Currency Unions & International Integration
Rose, A.K. & C. Engel (2000)
Coordination of Fiscal Policies in a Monetary Union
Díaz-Roldán, C. (2000)
Insurance Mechanisms Against Asymmetric Shocks in a Monetary Union: A Proposal with an Application to EMU
Bajo-Rubio, O. & C. Díaz-Roldán (2000)
The Convergence of Automobile Prices in the European Union: an Empirical Analysis for the Period 1993-1999
Gaulier, G. & S. Haller (2000)
Abstract: Over the last decade, the EC automobile market has been the scene of significant price differentials for the same vehicle across the member states. The move towards a more integrated internal market, since January 1993, obviously calls for more up-to-date empirical information. We provide an analysis of price convergence over the period 1993-1999 for EU countries. Car characteristics were collected to build aggregate prices for countries thanks to a quasi-hedonic econometric model. Price dynamic is analyzed through Sigma and Beta convergence. We found that Sigma convergence is impeded by exchange rates fluctuations, while there is a strong force driving Beta convergence. The Euro should then favor convergence.
Financial Stability in the Euro Area - Some Lessons from US Financial History
Davis, E.P. (2000)
EMU and Enlargement: A Review of Policy Issues
REVIEW PAPER
de Souza, L.V., H. van Eden, A. de Groot, G. Romijn (NEI) & E. Ledrut (2001)
Abstract: This report is the final output of the study "Economic and Monetary Union and Enlargement" commissioned by the Directorate-General for Research of the European Parliament in May 1999. An Interim Report was provided in September 1999. The report reviews the mains policy issues concerning the accession of 10 Central and Eastern European Countries, and Cyprus and Malta, and the interaction with their parallel integration into the Economic and Monetary Union.
Will The Euro Bring Economic Crisis to Europe? | Alternative
Arestis, P. & M. Sawyer
Abstract: It has been argued that the eurozone will face considerable economic difficulties. These will take a number of forms, two of which could qualify as "crises." First, the euro was launched at a time when unemployment levels were high (10 percent of the workforce) and disparities in the experience of unemployment and standards of living were particularly severe. These high levels of unemployment are likely to continue in the foreseeable future, and the policy arrangements that surround the operation of the euro, notably the objectives of the European Central Bank and the workings of the Stability and Growth Pact, will have a deflationary bias. These levels of and disparities in unemployment could be termed a crisis. Second, the introduction of the euro and the associated institutional setting could well serve to exacerbate tendencies toward financial crisis, including the volatility and subsequent collapse of asset prices and runs on the banking system. Some additional forces of instability may arise from the current trade imbalances and the relationship between the dollar and the euro as two major global currencies. Further, the operating arrangements of the European System of Central Banks can be seen as inadequate to cope with such financial crises.
The Future of the Euro: Is There an Alternative to the Stability and Growth Pact?
Arestis, P., K. McCauley & M. Sawyer (2001)
Making EMU Work: Some Lessons from the 1990s
Bibow, J. (2001)
Financial market integration in Europe : on the effects of EMU on stock markets
Fratzscher, M. (2001)
Two years into the Euro: The Next Step for Europe
Colligon, S. (2001)
Abstract: European Monetary Union (EMU) has been good for Europe. Two years after it started, the economy of Euroland is in better shape with economic growth at 3.5 percent in 2000, the highest in over a decade, unemployment down, and price stability assured. However, contrary to previous expectations, the exchange rate has depreciated from its initial high level and although it recently seems to have turned around, public opinion often remains sceptical. Ultimately, this gap between reality and perception needs to be closed, if European integration and therefore EMU is to be sustained. In this paper, I will first review the economic arguments that led to the creation of the EMU and match them against the results. I will then analyse policy making in Euroland and put forward some recommendations for improvement.
Partisanship and fiscal policy co-ordination in a monetary union
Acocella, N. & G. Di Bartolomeo (2001)
Does a Currency Union Affect Trade? The Time Series Evidence
Glick, R. & A.K. Rose (2001)
The Impact of the EMU on the Structure of European Equity Returns - An Empirical Analysis of the First 21 Months
Kraus, T. (2001)
The Lucas Critique in Practice: An Empirical Investigation of the Impact of European Monetary Integration on the Term Structure
Van Bergeijk, P.A.G. & J.M. Berk (2001)
Abstract: An empirical investigation of the term structure (the relation of the long interest rate to the short interest rate) showed structural change as the deadline for the euro became closer. Our empirical analysis of the term structures (yield curves) in 12 OECD countries uncovers that econometrically estimated behavioural equations for most EMU countries were stable even in the light of the creation of the euro. This finding would seem to defy the Lucas Critique. However, the significant structural instability found for the euro area's core country Germany suggests that the Lucas Critique is relevant in the analysis of the impact of the creation (and future extensions) of EMU.
Currency Unions and Trade: How Large is the Treatment Effect?
Persson, T. (2001)
Reserve Pooling in the Eastern Caribbean Currency Union and the CFA Franc Zone: A Comparative Analysis
Williams, O., T. Polius & S. Hazel (2001)
A Statistical Analysis of Banking Performance in the Caribbean Currency Union in the 1990s
Juan-Ramon, V.H., R.E. Randall & O. Williams (2001)
Monetary Policy Under EMU: Differences in the Transition Mechanism?
Clements, B.J., Z.G. Kontolemis & J.V. Levy (2001)
Limiting Currency Volatility to Stimulate Goods Market Integration: A Price Based Approach
Parsley, D.C. & S.J. Wei (2001)
Geography, Trade and Currency Union
Mélitz, J. (2001)
Can Countries under A Common Currency Conduct Their Own Fiscal Policies?
Izurieta, A. (2001)
Portfolio Diversification : Alive and well in Euroland!
Adjaoute, K. & K.P. Danthine (2001)
The Bank, the States, and the Market: An Austro-Hungarian Tale for Euroland, 1867-1914
Flandreau, M. (2001)
Abstract: In 1867, the "Compromise" between Austria and Hungary laid the foundation of a single currency system with a common central bank. As in today’s euroland, each part of the monarchy remained sovereign in fiscal matters. Moreover, the borrowing needs of both parts of the monarchy were quite large, since Austria and Hungary sought to promote their own economic development through government spending. Yet no ‘fiscal stability pact’ existed: the two countries could run deficits to the extent of the public's willingness to lend to them. They were thus only subjected to the discipline of the capital market. This paper documents the record of the Austro-Hungarian monetary union and shows how this discipline led to a process of increased power of the central bank.
Monetary stabilisation policy in a monetary union: some simple analytics
Brigden, A. & C. Nolan (2001)
The Costs and Benefits of Euro-sation in Central-Eastern Europe Before or Instead of EMU Membership
Nuti, D.M. (2001)
Independent and Accountable Central Banks and the European Central Bank
de Sousa, P.A.B. (2001)
To Euro or Not to Euro?
Risse, T. (2001)
The ECB Monetary Policy Strategy and the Money Market
Gaspar, V., G. Perez-Quiros & J. Sicilia (2001)
Limiting Currency Volatility to Stimulate Goods Market Integration: A Price-Based Approach
Parsley, D. & S.J. Wei (2001)
Monetary Unification and the Price of Risk: An Unconditional Analysis
Dewachter, H., K. Smedts & K. Maes (2001)
Interbank Market Integration under Asymmetric Information
Freixas, X., & C. Holthausen (2001)
The Impact of the EMU on the Structure of European Equity Returns - An Empirical Analysis of the First 21 Months
Kraus, T. (2001)
EMU and the Stability and Volatility of Foreign Exchange: Some Empirical Evidence
Bask, M., X. de Luna (2001)
Is Fiscal Policy Coordination in EMU Desirable?
Beetsma, R., X. Debrun & F. Klaassen (2001)
Assessing the Advantages of EMU-Enlargement for the EU and the Accession Countries: A Comparative Indicator Approach
Schweickert, R. (2001)
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Fidrmuc, J. (2001)
Financial Market Integration in a Monetary Union
Buch, C.M. (2001)
Can Countries under A Common Currency Conduct Their Own Fiscal Policies?
Izurieta, A. (2001)
The Euro: A Success Against the Odds
Begg, I. (2001)
Self-Validating Optimum Currency Areas
Corsetti, G. & P. Pesenti (2002)
The Cost of Heterogeneity in a Monetary Union
Hughes Hallett, A. & D.N. Weymark (2002)
Monetary and Fiscal Policy Dynamics in an Asymmetric Monetary Union | Published
Clausen, V. & H.W. Wohltmann (2002)
The policy mix in a monetary union under alternative policy institutions and asymmetries
Gagnol, L. & M. Sidiropoulos (2002)
Is the United States an optimum currency area? An empirical analysis of regional business cycles
Kouparitsas, M.A. (2002)
Dollarization and monetary unions: implementation guidelines
Gruben, W.C., M.A.Wynne & C.E.J.M. Zarazaga (2002)
The Forex Regime and EMU Expansion
van Foreest, P.W. & C.G. de Vries (2002)
Abstract: This paper provides empirical evidence that, irrespective of the foreign exchange rate regime, countries with high monetary volatility have lower relative output growth rates. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate stability hinges on the stability of the institutional structure within which monetary and fiscal policies are formulated. Subsequently, the likely endogenous response in the accession countries upon entry into EU and EMU is examined. This provides arguments for a rapid transition phase, possibly complemented by a one sided euroisation as a commitment device.
The Forex Regime and EMU Expansion
van Foreest, P.W. & C.G. de Vries (2002)
Price Dynamics in Central and Eastern European EU Accession Countries
Backé, P., J. Fidrmuc, T. Reininger& F. Schardax (2002)
Exchange-Rate and Interest-Rate Driven Competitive Advantages in the EMU
Niclas, A. & L. Oxelheim (2002)
Currency Unions and International Integration: Evidence from the CFA and the ECCU
Fielding, D. & K. Shields (2002)
One money, but many fiscal policies in Europe : what are the consequences?
Uhlig, H. (2002)
Real and Monetary Convergence within the European Union and Between the European Union and Candidate Countries: A Rolling Cointegration Approach
Brada, J.C., A.M. Kutan & S. Zhou (2002)
Towards Regional Currency Areas
CONFERENCE VOLUME
CEPII (2002)
Regional Price Adjustment in a Monetary Union the Case of EMU
Berk, J.M. & J. Swank (2002)
Compatibility Between Monetary and Fiscal Policy Under EMU
Leith, C. & S. Wren-Lewis (2002)
Views on the Optimum Currency Area Theory: What is EMU Telling US?
Mongelli, F.P. (2002)
Monetary Union: European Lessons, Latin American Prospects
Hochreiter, E., K. Schmidt-Hebbel & G. Winckler (2002)
The Federal Design of a Central Bank in a Monetary Union: The Case of the European System of Central Banks
Eijffinger, S.C.W. (2002)
Time inconsistency and free-riding in a monetary union
Chari, V. V. & P.J. Kehoe (2002)
Nominal Wage Flexibility in a Monetary Union
Erlandsson, M. (2002)
Time Consistency and Free-Riding in a Monetary Union
Chari, V.V. & P.J. Kehoe (2002)
Monetary Integration in the Southern Cone: Mercosur Is Not Like the EU?
Belke, A. & D. Gros (2002)
Reflections on the Optimal Currency Area (OCA) criteria in the light of EMU
Artis, M.J. (2002)
The Euro Is Good After All: Corporate Evidence
Bris, A., Y. Koskinen & M. Nilsson (2002)
Monetary policy and the financial acclerator in a monetary union
Gilchrist, S., J. Hairault & H. Kempf (2002)
Price Convergence under EMU? First Estimates
Lutz, M. (2002)
Economic Effects of Currency Unions
Tenreyro, S. & R.J. Barro (2003)
Monetary Union in West Africa: Who Might Gain, Who Might Lose, and Why?
Debrun, X., P. Masson & C. Pattillo (2003)
A Currency Union for the Caribbean
Worrell, D. (2003)
Trade Effects of Monetary Integration in Large, Mature Economies: A Primer on the European Monetary Union
de Souza, L.V. (2003)
Regional inflation in a currency union: fiscal policy vs. fundamentals | Published
Duarte, M. & A.L. Wolman (2003/08)
Asymmetric Information and Monetary Policy in Common Currency Areas
Bottazzi, L. & P. Manasse (2003)
Towards a Single Retail Banking Market? New Evidence from Euroland
Kleimeier, S. & H. Sander (2003)
Electonic Money and the Optimal Size of Monetary Unions
Storti, C., & P. De Grauwe (2003)
Monetary and Fiscal Policy Interactions in a Micro-Founded Model of a Monetary Union | Published
Beetsma, R. & H. Jensen (2003/2005)
Common Currencies versus Monetary Independence
Cooley, T.F. & V. Quadrini (2003)
Currency Unions and Trade: Variations on Themes by Rose and Persson
Kenen, P. (2003)
EU Enlargement and Beyond: A Simulation Study on EU and CIS Integration
Sulamaa, P. & M. Widgrén (2003)
Patching up the Pact: some Suggestions for Enhancing Fiscal Sustainability and Macroeconomic Stability in an Enlarged European Union
Buiter, W.H. & C. Grafe (2003)
Asian Monetary Integration: A Structural VAR Approach
Zhang, Z., K. Sato & M. McAleer (2003)
The Impact of the Euro on Trade: The (Early) Effect is Not So Large
De Nardis, S. & C. Vicarelli (2003)
Prospects for an Asian currency area
Mundell, R. (2003)
Symbiosis of monetary and fiscal policies in a monetary union
Dixit, A. & L. Lambertini (2003)
Monetary Union and the Interest-Exchange Rate Trade-off
Bohn, F. (2003)
Monetary Union, Entry Conditions and Economic Reform
Ozkan, F.G., A. Sibert & A. Sutherland (2003)
The Impact of Regionalism on Trade in Europe
Alho, K.E.O. (2003)
Labour market flexibility and policy coordination in a monetary union
Rantala, A. (2003)
The Impact of Monetary Union on Trade Prices
Anderton, R., R.E. Baldwin & D. Taglioni (2003)
Macroeconomic Policies of the Economic and Monetary Union: Theorectical Underpinnings and Challenges | Alternative
Arestis, P. & M. Sawyer (2003)
Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union
Beetsma, R. & H. Jensen (2003)
Mundell Revisited: a Simple Approach to the Costs and Benefits of a Single Currency Area | Published
Ching, S. & M.B. Devereux (2003)
Double Discretion, International Spillovers and the Welfare Implications of Monetary Unification
Cavelaars, P.A.D. (2003)
Financial market integration in the euro area
Gjersem, C. (2003)
Structural Reforms and the Enlargement of Monetary Union
Hefeker, C. (2003)
The Euro Area Financial System: Structure, Integration and Policy Initiatives
Hartmann, P., A. Maddaloni & S. Manganelli (2003)
Creating the U.S. Dollar Currency Union, 1748–1811: A Quest for Monetary Stability or a Usurpation of State Sovereignty for Personal Gain?
Grubb, F. (2004)
On the Desirability of Fiscal Constraints in a Monetary Union | Published
Chari, V.V. & P.J. Kehoe (2004/07)
Is it is or is it Ain't my Obligation? Regional Debt in Monetary Unions | Published
Cooper, R., H. Kempf & D. Peled (2004/10)
Inflation convergence after the introduction of the Euro
Mentz, M. & S.P. Sebastian (2003)
A Meta-Analysis of the Effect of Common Currencies on International Trade
Rose, A. (2004)
Nominal versus Real Convergence with Respect to EMU Accession: How to Cope with the Balassa-Samuelson Dilemma
Schnabl, G. & P. De Grauwe (2004)
Have a Break, Have a ... National Currency: When Do Monetary Unions Fall Apart?
Nitsch, V. (2004)
Financial Integration, Exchange Rate Regimes in CEECs, And Joining the EMU: Just Do It...
Maurel, M. (2004)
European Monetary Integration
CONFERENCE VOLUME
Sinn, H-W., M. Widgrén & M. Köthenbürger (2004)
Abstract: Studies examining the policy challenges posed by European monetary integration, including asymmetry problems and fiscal concerns.
The Suitability of a Greater China Currency Union
Cheung, Y-W. & J. Yuen (2004)
Does a common currency lead to (more) price equalization? The role of psychological pricing points
Friberg, R. & T.Y. Matha (2004)
External Effects of Currency Unions
Plümper, T. & V.E. Troeger
Instability And Trade In Currency Areas | Published
Alonso, A., L.C. Corchon & V. Guzman (2004/07)
Currency unions and the real exchange rate
Ca'Zorzi, M. & R.A. De Santis (2004)
Measuring the Trade Effects of EMU
Faruqee, H. (2004)
A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar
Rousseau, P.L. (2004)
Leaving EMU: a real options perspective
Strobel, F. (2004)
One money, one cycle? Making Monetary Union a smoother ride
Hoeller, P., C. Giorno & C. de la Maisonneuve (2004)
Fiscal and Monetary Interaction: The Role of Asymmetries of the Stability and Growth Pact in EMU
Eijffinger, S.C.W. & M. Governatori (2004)
Currency Bloc Formation as a Dynamic Process Based on Trade Network Externalities
Yehoue, E. (2004)
How Do Monetary and Fiscal Policy Interact in the European Monetary Union?
Canzoneri, M.B., R.E. Cumby & B.T. Diba (2005)
The Effect of Monetary Unification on Public Debt and its Real Return
Beetsma, R. & K. Vermeylen (2005)
Measuring the Economic Impact of Monetary Union: The Case of Okinawa
Takagi, S., M. Shintani & T. Okamoto (2005)
Monetary policy problems for currency unions: asymmetry and the problem of aggregation in the euro area
Mayes, D.G. & M. Viren (2005)
Fiscal stabilization policy in a monetary union with inflation targeting
Andersen, T.M. (2005)
On the Pattern of Currency Blocs in Africa
Yehoue, E. (2005)
The Euro and the Stability Pact
Feldstein, M. (2005)
Endogeneities of optimum currency areas: what brings countries sharing a single currency closer together?
De Grauwe, P. & F.P. Mongelli (2005)
Interest rate decisions in an asymmetric monetary union
Matsena, E. & Ø. Røislandb (2005)
Welfare Implications of Joining a Common Currency
Ca'Zorzi, M., R.A. De Santis & F. Zampolli (2005)
Small country benefits from monetary union
Grubel, H. (2005)
Uncertainty, Wage Setting and Decision Making in a Monetary Union
Hefeker, C. (2005)
Dynamic stock market integration driven by the European Monetary Union: An empirical analysis
Kim, S.J., F. Moshirian & E. Wu (2005)
Fiscal and Monetary Rules for a Currency Union | Published
Ferrero, A. (2005/08)
Wage Rigidity and Monetary Union
Dellas, H. & G. Tavlas (2005)
Prospects for Monetary Unions after the Euro
CONFERENCE VOLUME
De Grauwe, P. & J. Mélitz (editors) (2005)
Abstract: Empirical and theoretical studies on such questions as the desirability and optimal functioning of monetary unions, the enlargement of the eurozone, and the institution of monetary unions in Latin America and East Asia.
Optimal Monetary and Fiscal Policy in a Currency Union | Published
Gali, J. & T. Monacelli (2005/08)
Is Time Ripe for a Currency Union in Emerging East Asia? The Role of Monetary Stabilisation
Sanchez, M. (2005)
Towards European Monetary Integration: The Evolution of Currency Risk Premium as a Measure for Monetary Convergence Prior to the Implementation of Currency Unions
Gonzalez, F. & S. Launonen (2005)
Inflation targeting rules and welfare in an asymmetric currency area
Lombardo, G. (2006)
Rational Inattention, Inflation Developments and Perceptions after the Euro Cash Changeover
Ehrmann, M. (2006)
Monetary Union with Voluntary Participation
Fuchs, W. & F. Lippi (2006)
The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective? | Published
Colciago, A., A. Muscatelli & T. Ropele (2006/08)
Monetary Unions, External Shocks and Economic Performance: A Latin American Perspective
Edwards, S. (2006)
The Parallel-Currency Approach to Asian Monetary Integration
Eichengreen, B. (2006)
MENA countries as optimal currency areas: Reality or dream
Sahin, H. (2006)
The Real Effects of EMU
Lane, P.R.
The Elusive Gains from International Financial Integration
Gourinchas, P-O. & O. Jeanne (2006)
Implications of Monetary Union for Catching-up Member States
Sanchez, M. (2006)
Joining the European Monetary Union - Comparing First and Second Generation Open Economy Models
Le, V.P.M. & P. Minford (2006)
What Do We Now Know About Currency Unions?
Artis, M.J. (2006)
Euros and Zeros: The Common Currency Effect on Trade in New Goods
Baldwin, R.E. & V. Di Nino (2006)
One Market, One Money, One Price?
Allington, N.F.B., P.A. Kattuman & F.A. Waldmann (2006)
Welfare Effects of the Euro Cash Changeover
Wunder, C., J. Schwarze, G. Krug & B. Herzog (2006)
Convergence to Purchasing Power Parity at the Commencement of the Euro
Lopez, C. & D.H. Papell (2007)
Monetary stabilisation in a currency union: The role of catching up member states
Sánchez, M. (2007)
Currency Areas and International Assistance
Worrall, T. & P.M. Picard (2006)
Explaining the early years of the euro exchange rate: An episode of learning about a new central bank
Gómez, M., M. Melvin & F. Nardari (2007)
Monetary union, price level convergence, and inflation: How close is Europe to the USA?
John H. Rogers (2007)
A Monetary Union Model with Cash-in-Advance Constraints
Cengiz, G., C. Deniz, T.U. Kuzubas, N.B. Olcay & I. Saglam (2007)
Exchange rate volatility and growth in small open economies at the EMU periphery
Schnabl, G. (2007)
The Breakup of the Euro Area
Eichengreen, B. (2007)
A Model of an Optimum Currency Area
Ricci, L.A. (2007)
Sui Generis EMU
Eichengreen, B. (2008)
The mechanics of a monetary union with segmented financial markets
Alves, N. (2008)
A Modern Reconsideration of the Theory of Optimal Currency Areas
Corsetti, G. (2008)
EMU enlargement, stabilization costs and insurance mechanisms
Afonso, A. & D. Furceri (2008)
The trade and FDI effects of EMU enlargement
Brouwer, J., R. Paap & J-M. Viaene (2008)
In search of a euro effect: Big lessons from a Big Mac Meal?
Parsley, D. & S-J. Wei (2008)
The euro: Did the markets cheer or jeer?
Green, C.J. & Y. Bai (2008)
Sharing Money Creation in a Monetary Union
Auray, S., A. Eyquem, G. Hamiache & J-C. Poutineau (2008)
Capital Market Imperfections and the Theory of Optimum Currency Areas
Agenor, P-R. & J. Aizenman (2008)
Is there a connection between monetary unification and real economic integration? Evidence from regime-switching stationarity tests
Holmes, M.J. & N. Maghrebi (2008)
Trade Effects of Currency Unions: Do Economic Dissimilarities Matter?
Albertin, G. (2008)
Zooming out: The trade effect of the euro in historical perspective
Berger, H. & V. Nitsch (2008)
The Euro and Structural Reforms
Alesina, A., S. Ardagna & V. Galasso (2008)
The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?
Frankel, J.A. (2008)
Regional debt in monetary unions: is it inflationary?
Cooper, R., H. Kempf & D. Peled (2008)
Reflections on Americans' Views of the Euro Ex Ante
Feldstein, M.S. (2009)
Benefits from Mutual Restraint in a Multilateral Monetary Union
Buigut, S. & N.T. Valev (2009)
Volatility regime-switching in European exchange rates prior to monetary unification
Wilfling, B. (2009)
Testing Mundell's Intuition of Endogenous OCA Theory
Warin, T., P.V. Wunnava & H.P. Janicki (2009)
Current Accounts in a Currency Union
Decressin, J. & E. Stavrev (2009)
What Lies Beneath the Euro's Effect on Financial Integration: Currency Risk, Legal Harmonization, or Trade?
Kalemli-Ozcan, S., E. Papaioannou & J-L. Peydro (2009)
Nominal Convergence
Iancu, A. (2009)
Optimum-Currency-Area Paradoxes
Tavlas, G.S. (2009)
The effects of exchange rate uncertainty on exports
Rahman, S. & A. Serletis (2009)
Monetary and Financial Integration in the EMU: Push or Pull?
Spiegel, M.M. (2009)
An optimum-currency-area odyssey
Dellas, H. & G.S. Tavlas (2009)
The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research | Published
Beetsma, R. & M. Giuliodori (2009/10)
Is the CFA Franc Zone an Optimum Currency Area?
Zhao, X. & Y. Kim (2009)
The endogeneity of the Optimum Currency Area criteria in East Asia
Lee, G.H.Y. & M. Azali (2009)
Why EMU is not a failure
Grüner, H.P. (2009)
When does financial integration matter for fiscal policy in a currency union? A welfare-based approach
Koenig, G. & I. Zeyneloglu (2010)
Assessing co-ordinated Asian exchange rate regimes: Proposal for a possible move towards a common currency
Aggarwal, R. & C.B. Muckley (2010)
Fetters of Gold and Paper
Eichengreen, B. & P. Temin (2010)
Currency Areas and Monetary Coordination
Liu, Q. & S. Shi (2010)
Why the Current Account Matters in a Monetary Union: Lessons from the Financial Crisis in the Euro Area
Giavazzi, F. & L. Spaventa (2010)
The Euro After Its First Decade: Weathering the Financial Storm and Enlarging the Euro Area
Regling, K., S. Deroose, R. Felke & P. Kutos (2010)
European Monetary Union: the dark sides of a major success
Wyplosz, C. (2010)
The European Union, the Euro, and Equity Market Integration | Published
Bekaert, G., C.R. Harvey, C.T. Lundblad & S. Siegel (2010/13)
The Effects of Housing Prices and Monetary Policy in a Currency Union
Aspachs-Bracons, O. & P. Rabanal (2011)
Discretionary policy in a monetary union with sovereign debt
BR>Leith, C. & S. Wren-Lewis (2011)
Stock market synchronization and monetary integration
Wälti, S. (2011)
To be or not to be in monetary union: A synthesis
Clerc, L., H. Dellas & O. Loisel (2011)
The nonlinear impact of currency unions on bilateral trade
Katayama, H. & M. Melatos (2011)
External monetary shocks and monetary integration: Evidence from the Bulgarian currency board
Minea, A. & C. Rault (2011)
Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions
Nakamura, E. & J. Steinsson (2011)
A network perspective on international banking integration
Arribas, I., F. Pérez & E. Tortosa-Ausina (2011)
Measuring financial market integration over the long run: Is there a U-shape?
Volosovych, V. (2011)
On the feasibility of monetary union: Does it make sense to look for shocks symmetry across countries when none of the countries constitutes an optimum currency area?
Louis, R.J., R. Brown & F. Balli (2011)
Exit from a Monetary Union through Euroization: Discipline without Chaos
Cooper, R. (2012)
Federal fiscal transfer rules in monetary unions
Evers, M.E. (2012)
Real exchange rate adjustment, wage-setting institutions, and fiscal stabilization policy: Lessons from the Eurozone's first decade
Carlin, W. (2012)
Price convergence in the EMU? Evidence from micro data
Fischer, C. (2012)
Country Size, Currency Unions, and International Asset Returns
Hassan, T.A. (2012)
Welfare Effects of Monetary Integration: the Common Monetary Area and Beyond
Asonuma, T., X. Debrun & P.R. Masson
Country Size, Currency Unions, and International Asset Returns
Hassan, T. (2012)
Fiscal policy coordination in monetary unions
Schroth, J. (2012)
Structural reforms, fiscal consolidation and external rebalancing in monetary union: A model-based analysis
Vogel, L. (2012)
Fiscal risk in a monetary union
Daniel, B.C. & C. Shiamptanis (2012)
Fiscal Multipliers: Liquidity Traps and Currency Unions | Published
Farhi, E. & I. Werning (2012)
Fiscal Consolidation in a Currency Union: Spending Cuts vs. Tax Hikes
Erceg, C. & J. Lindé (2012)
The currency union effect on trade is decreasing over time
de Sousa, J. (2012)
E(M)U effects in global cross-border banking
Sander, H., S. Kleimeier & S. Heuchemer (2012)
The performance of simple fiscal policy rules in monetary union
Vogel, L., W. Roeger & B. Herz (2012)
Adjustment Mechanisms in a Currency Area
Goodhart, C.A. & D.J. Lee (2012)
Fiscal consolidation in a currency union: spending cuts vs. tax hikes
Erceg, C.J. & J. Lindé (2012)
Deciding to Enter a Monetary Union: The Role of Trade and Financial Linkages | Published
Lama, R. & P. Rabanal (2012/14)
Task Specialization in U.S. Cities from 1880-2000
Michaels, G., F. Rauch & S.J. Redding (2013)
Business cycle convergence in EMU: A first look at the second moment
Crespo-Cuaresma, J. & O. Fernández-Amador (2013)
A transfer mechanism for a monetary union
Engler, P. & S. Voigts (2013)
Market Deregulation and Optimal Monetary Policy in a Monetary Union | Published
Cacciatore, M., G. Fiori & F. Ghironi (2013/16)
Housing-Market Heterogeneity in a Monetary Union
Rubio, M. (2013)
Emigration and Wages: The EU Enlargement Experiment
Elsner, B. (2013)
Revisiting the theory of optimum currency areas: Is the CFA franc zone sustainable?
Couharde, C., I. Coulibaly, D. Guerreiro & V. Mignon (2013)
Southeast Asian monetary integration: New evidences from fractional cointegration of real exchange rates
de Truchis, G. & B. Keddad (2013)
Financial Integration and EMU's External Imbalances in a Two-Country OLG Model
Farmer, K. (2013)
How much fiscal discipline in a monetary union
De Grauwe, P. & Y. Ji (2013)
Pushing the limit? Fiscal policy in the european monetary union
Daniel, B.C. & C. Shiamptanis (2013)
The Optimal Currency Area in a Liquidity Trap
Cook, D. & M.B. Devereux (2013)
How important is fiscal policy cooperation in a currency union?
Okano, E. (2013)
When do cooperation and commitment matter in a monetary union?
Kempf, H. &l; L. von Thadden (2013)
Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach | Published
Forni, L. & M. Pisani (2013/18)
Conditions for a Beneficial Monetary Union under Suboptimal Monetary Policy
Groll, D. (2013)
Currency Unions, Export Margins, and Product Differentiation: An Empirical Assessment for European Monetary Union
Badinger. H. & K. Türkcan (2014)
Is It Too Late to Bail Out the Troubled Countries in the Eurozone?
Conesa, J.C. & T.J. Kehoe (2014)
Labor Mobility WIthin Currency Unions
Farhi, E. & I. Werning (2014)
">Coordination and Crisis in Monetary Unions
Aguiar, M., M. Amador, E. Farhi & G. Gopinath (2014)
When Do Currency Unions Increase Trade?
Hosny, A.S. (2014)
The Price Impact of Joining a Currency Union: Evidence from Latvia
Cavallo, A., B. Neiman & R. Rigobon (2014)
Nontradable sector reform and external rebalancing in monetary union: A model-based analysis
Vogel, L. (2014)
The European Monetary Union and Imbalances: Is it an Anticipation Story?
Siena, D. (2014)
Determinants of sovereign bond yield spreads in the EMU: An optimal currency area perspective
Costantini, M., M. Fragetta & G. Melina (2014)
Sovereign Debt Booms in Monetary Unions | Published
Aguiar, M., M. Amador, E. Farhi & G. Gopinath (2014)
Free entry and regulatory competition in a global economy
Miyagiwa, K. & Y. Sato (2014)
Exchange Risk and Market Integration
Chaieb, I. & V. Errunza (2014)
Is global social welfare increasing? A critical-level enquiry
Cockburn, J., J-Y. Duclos & A. Zabsonré (2014)
Financial Integration and EMU's Imbalances in a Two-Country Overlapping Generations Model
Farmer, K. (2014)
A graceful return of the drachma
Daniel, B.C. (2014)
Welfare Reversals in a Monetary Union
Auray, S. & A. Eyquem (2014)
Inflation Stabilization and Default Risk in a Currency Union | Published
Eiji, O., M. Hamano & P. Picard (2014/18)
Fiscal Devaluation in a Monetary Union
Engler, P., G. Ganelli, J. Tervala & S. Voigts (2014)
Optimal Monetary Policy in a Currency Union: Implications of a Country-specific Cost Channel
Michaelis, J. & J. Palek (2014)
The Effects of Government Spending in a Small Open Economy within a Monetary Union
Clancy, D., P. Jacquinot & M. Lozej (2014)
Monetary Policy as an Optimum Currency Area Criterion
Groll, D. (2014)
Price-level instability and international monetary policy coordination
Nguyen, H.T. (2014)
Financial Frictions and Optimal Monetary Policy in a Small Open Economy
Bejarano, J.A. & L.F. Charry (2014)
Spillover effects in a monetary union: Why fiscal policy instruments matter?
Barbier-Gauchard, A., T. Betti & G. Diana (2015)
Cross-Border Banking and Business Cycles in Asymmetric Currency Unions
Dräger, L. & C.R. Proaño (2015)
Monetary Union with A Single Currency and Imperfect Credit Market Integration
Bignon, V., R. Breton & M.R. Breu (2015)
Monnet's Error?
Guiso, L., P. Sapienza & L. Zingales (2015)
Fiscal Transfers in a Monetary Union with Exit Option
Hefeker, C. & M. Neugart (2015)
Has the Eurozone become less fragile? Some empirical tests
De Grauwe, P. & Y. Ji (2015)
Asymmetric shocks in a currency union: The role of central bank collateral policy
Koulischer, F. (2015)
Optimal monetary policy in a currency union with interest rate spreads
Bhattarai, S., J.W. Lee & W.Y. Park (2015)
Sustainable international monetary policy cooperation
Fujiwara, I., T. Kam & T. Sunakawa (2015)
Labor market reforms and current account imbalances: Beggar-thy-neighbor policies in a currency union?
Baas, T. & A. Belke (2015)
Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation
Burlon, L., A. Gerali, A. Notarpietro & M. Pisani (2015)
Progressive Taxation and Monetary Policy in a Currency Union
Strehl, W. & P. Engler (2015)
Uncertainty and fiscal policy in a monetary union: Why does monetary policy transmission matter?
Oros, C. & B. Zimmer (2015)
Are monetary unions more synchronous than non-monetary unions?
Crowley, P. & C. Trombley (2015)
Monetary-Financial Stability under EMU
Lane, P.R. (2015)
Unemployment, Sovereign Debt, and Fiscal Policy in a Currency Union
Ottonello, P., I. Presno & J. Bianchi (2015)
Fiscal federalism and monetary unions: A quantitative assessment
Evers, M.P. (2015)
Currency Areas and Voluntary Transfers | Published
Picard, P.M. & T. Worrall (2015/20)
Government expenditure composition and fiscal policy spillovers in a small open economy within a monetary union
Clancy, D. (2015)
Optimal monetary policy in a currency union with labour market heterogeneity
Kontogiannis, N. (2015)
Financial Heterogeneity and Monetary Union | Published
Gilchrist, S., R. Schoenle, J. Sim & E. Zakrajsek (2015/23)
Real Effective Exchange Rate Misalignment in the Euro Area: A Counterfactual Analysis
El-Shagi, M., A. Lindner & G. von Schweinitz (2015)
Interest rate convergence in the EMS prior to European Monetary Union
Frömmel, M. & R. Kruse (2015)
Overborrowing and Balance of Payments Imbalances in a Monetary Union
Sy, M. (2015)
Monetary Policy and Welfare in a Currency Union
D'Aguanno, L. (2015)
Financial Integration and Growth in a Risky World
Coeurdacier, N., H. Rey & P. Winant (2015)
Price Adjustment in Currency Unions
Bleaney, M. & L. Yin (2015)
On the benefits of a monetary union: Does it pay to be bigger?
Forlati, C. (2015)
Optimal Monetary and Macroprudential Policy in a Currency Union | Published
Palek, J. & B. Schwanebeck (2015/19)
Optimal Currency Area: A 20th Century Idea For the 21st Century?
Aizenman, J. (2016)
Bank Lending, Collateral, and Credit Traps in a Monetary Union | Published
Corbisiero, G. (2016/22)
Monetary Policy and Asset Price Booms: A Step Towards a Synthesis?
Fujiki, H., S. Kaihatsu, T> Kurebayashi & T. Kurozumi (2016)
One EMU Fiscal Policy for the EURO | Published
Cole, A.L., C. Guerello & G. Traficante (2016/20)
Government expenditure composition and fiscal policy spillovers in small open economies within a monetary union
Clancy, D., P. Jacquinot & M. Lozej (2016)
Fiscal rules, financial stability and optimal currency areas
De Grauwe, P. & P. Foresti (2016)
The Inherent Benefit of Monetary Unions | Published
Groll, D. & T. Monacelli (2016/20)
Optimal adjustment paths in a monetary union | Published
Belke, A. & D. Gros (2016/17)
Optimal Macroprudential and Monetary Policy in a Currency Union
Sergeyev, D. (2016)
Labor policies and capital mobility in theory and in EMU
Bertola, G. (2016)
On the sources of macroeconomic stability in the euro area
Avouyi-Dovi, S. & J-G. Sahuc (2016)
Currency unions and trade: A post-EMU reassessment
Glick, R. & A.K. Rose (2017)
A Literature Survey on Proposed African Monetary Unions
SURVEY PAPER
Asongu, S., J. Nwachukwu & V. Tchamyou (2016)
Deleveraging, deflation and depreciation in the euro area
Kuvshinov, D., G.J. Müller & M. Wolf (2016)
Imbalances and fiscal policy in a monetary union
Hjortsoe, I. (2016)
What can wavelets unveil about the vulnerabilities of monetary integration? A tale of Eurozone stock markets
Dewandaru, G., R. Masih & A.M.M. Masih (2016)
Why Do Estimates of the EMU Effect On Trade Vary so Much?
Rose, A.K. (2016)
Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later
Campos, N.F. & C. Macchiarelli (2016)
Optimal Fiscal Substitutes for the Exchange Rate in a Monetary Union
Kaufmann, C. (2016)
11. Regime switches under policy uncertainty in monetary unions
Canofari, P. & G. Di Bartolomeo (2016)
Currency Unions and Regional Trade Agreements: EMU and EU Effects on Trade
Glick, R. (2016)
Did EMU membership cause the "Dutch disease" in the PIGS nations?
Batavia, B. & P. Nandakumar (2016)
The Effectiveness of a Fiscal Transfer Mechanism in a Monetary Union: A DSGE Model for the Euro Area
Verstegen, L. & L. Meijdam (2016)
Trade creation, trade diversion and imbalances in the EMU
Esposito, P. (2017)
Financial frictions and optimal stabilization policy in a monetary union
Palek, J. & B. Schwanebeck (2017)
Fiscal policy coordination in currency unions at the effective lower bound
Hettig, T. & G. Müller (2017)
Macroeconomic imbalances and business cycle synchronization. Why common economic governance is imperative for the Eurozone
Lukmanova, E. & G. Tondl (2017)
Aftershocks of Monetary Unification: Hysteresis with a Financial Twist | Published
Bayoumi, T. & B. Eichengreen (2017/20)
Regime switches under policy uncertainty in monetary unions
Canofari, P. & G. Di Bartolomeo (2017)
Strategic fiscal policies and leadership in a monetary union
Chortareas, G. & C. Mavrodimitrakis (2017)
"Conditional PPP" and real exchange rate convergence in the euro area
Bergin, P.R., R. Glick & J-L. Wu (2017)
Changes in Export Affinity after the Creation of the EMU
Halevi, N. (2017)
Risk Sharing in the Euro Zone: the Role of European Institutions
Milano, V. (2017)
Optimal Fiscal Simple Rules for Small and Large Countries of a Monetary Union | Published
Vieira, P., C. Machado & A.P. Ribeiro (2017/18)
Cross-country fiscal policy spillovers and capital-skill complementarity in currency unions
Davoine, T. & M. Molnar (2017)
Interbank Market Frictions and Unconventional Policy in a Currency Union
Swarbrick, J.M. & T. Blattner (2017)
Reforming the European Monetary Union
Chari, V.V., A. Dovis & P.J. Kehoe (2017)
International Risk Sharing in the EMU
Ferrari, A. & A.R. Picco (2017)
Withdrawal of Italy from the euro area: Stochastic simulations of a structural macroeconometric model?
Bagnai, A., B. Granville & C.A. Mongeau Ospina (2017)
Home biased expectations and macroeconomic imbalances in a monetary union | Published
Coricelli, F. & F.R. Ravasan (2017/19)
Cross-border spill-overs from fiscal stimulus in a monetary union
Naraidoo, R., E. Schaling & M.F. Tesfaselassie (2017)
Breaking Badly: The Currency Union Effect on Trade
Campbell, D.L. & A. Chentsov (2017)
The Re-Emerging Privilege of Euro Area Membership
Wiegand, J. (2017)
Private and Public Risk Sharing in the Euro Area
Cimadomo, J., D. Furtuna & M.M. Giuliodori (2017)
The impact of EMU on bond yield convergence: Evidence from a time-varying dynamic factor model
Bhatt, V., N.K. Kishor & J. Ma (2017)
Competitive tax reforms in a monetary union with endogenous entry and tradability
Auray, S., A. Eyquem & X. Ma (2017)
The Eurozone Convergence through Crises and Structural Changes
Uctum, M., R. Uctum & C-P.C. Vijverberg (2017)
Global banking and the conduct of macroprudential policy in a monetary union | Published
Poutineau, J-C. & G. Vermandel (2017)
Monetary-Fiscal Interactions and the Euro Area's Malaise | Published
Jarocinski, M. & B. Mackowiak (2017/18)
Fiscal sustainability in EMU countries: A continued fiscal commitment?
Paniagua, J., J. Sapena & C. Tamarit (2017)
Can a common currency foster a shared social identity across different nations? The case of the euro
Buscha, F., D. Muller & L. Page (2017)
Growth effects of EU and EZ memberships: Empirical findings from the first 15 years of the Euro
Dreyer, J.K. & P.A. Schmid (2017)
Fiscal policy transmission in a non-Ricardian model of a monetary union
Bierbrauer, C. (2017)
Euro Area Imbalances
Mink, M., J. Jacobs & J. de Haan (2017)
On fiscal and monetary integration in Europe
Verstegen, L. (2017)
National Fiscal Stimulus Packages And Consolidation Strategies In A Monetary Union
Bierbrauer, C. (2017)
Oil price shocks, monetary policy and current account imbalances within a currency union
Baas, T. & A. Belke (2017)
Inequality and Imbalances: a Monetary Union Agent-Based Model
Cardaci, A. & F. Saraceno (2017)
Optimal Monetary and Fiscal Policy with Migration in a Currency Union
Gomis-Porqueras, P. & C. Zhang (2017)
Monetary and Fiscal Policies Interaction in Monetary Unions
SURVEY PAPER
Foresti, P. (2018)
Economic Convergence in the Euro Area: Coming Together or Drifting Apart?
Franks, J.R., B.B. Barkbu, R. Blavy, W. Oman & H. Schoelermann (2018)
Credit Risk in the Euro Area
Gilchrist, S. & B. Mojon (2018)
Behavior of retail prices in common currency areas: The case of the Eurozone
Nikolsko-Rzhevskyy, A. & O. Ogrokhina (2018)
Is the survival of the euro area at risk? An economic analysis of exit and contagion possibilities
Canofari, P. & M. Messori (2018)
Friends without benefits? New EMU members and the "Euro Effect" on trade
Mika, A. & R. Zymek (2018)
Fiscal transfers in a monetary union with sovereign risk
Bandeira, G. (2018)
Currency Union with and without Banking Union | Published
Bignon, V., R. Breton & M.R. Breu (2018)
Fiscal Policy in a Currency Union at the Zero Lower Bound
Cook, D. & M.B. Devereux (2018)
On Bank Consolidation in a Currency Union
Di Vittorio, F., D. Li & H. Yun (2018)
One money, many markets: a factor model approach to monetary policy in the Euro Area with high-frequency identification
Corsetti, G., J.B. Duarte & S. Mann (2018)
Inequality and Imbalances: a Monetary Union Agent-Based Model
Cardacci, A. & F. Saraceno (2018)
Symmetry and Convergence in Monetary Unions
Campos, N.F. & C. Macchiarelli (2018)
Dynamics and factors of inflation convergence in the European union
Brož, V. & E. Kocenda (2018)
Corporate debt and investment: A firm-level analysis for stressed euro area countries
Gebauer, S., R. Setzer & A. Westphal (2018)
Sovereign default, exit and contagion in a monetary union
Eijffinger, S.C.W., M.L. Kobielarz & B.R. Uras (2018)
Designing QE in a fiscally sound monetary union | Published
Bletzinger, T. & L. von Thadden (2018/21)
Currency Unions, Trade, and Heterogeneity
Chen, N. & D. Novy (2018)
The risk-taking channel of monetary policy transmission in the euro area
Neuenkirch, M. & M. Nöckel (2018)
The economics of monetary unions
Kobielarz, M. (2018)
What inflation measure should a currency union target?
Barnett, W.A., C. Wang, X. Wang & L. Wu (2018)
Bunching at 3 Percent: The Maastricht Fiscal Criterion and Government Deficits
Caselli, F.G. & P. Wingender (2018)
The "uncovered inflation rate parity" condition in a monetary union
Acocella, N. & P. Pasimeni (2018)
Currency unions and heterogeneous trade effects: the case of the Latin Monetary Union
Timini, J. (2018)
Non-standard monetary policy, asset prices and macroprudential policy in a monetary union
Burlon, L., A. Gerali, A. Notarpietro & M. Pisani (2018)
Winners and losers from the €uro
Puzzello, L. & P. Gomis-Porqueras (2018)
Rollover Crises and Currency Unions
Bianchi, J. & J. Mondragon (2018)
Incomplete integration and contagion of debt distress in economic unions
Karayalcin, C. & H. Onder (2018)
Quantifying the Benefits of Labor Mobility in a Currency Union
House, C.L., C. Proebsting & L.L. Tesar (2018)
Economic, institutional, and socio-cultural determinants of consumer credit in the context of monetary integration
Borowski, J., K. Jaworski & J. Olipra (2019)
The Euro's Trade Effect: A Meta-Analysis
SURVEY PAPER
Polák, P. (2019)
Modelling currency demand in a small open economy within a monetary union
Rua, A. (2019)
Macroeconomic stabilization, monetary-fiscal interactions, and Europe's monetary union
Corsetti, G., L. Dedola, M. Jarocinski, B. Mackowiak & S. Schmidt (2019)
Debt stabilization games in a monetary union: What are the effects of introducing eurobonds?
Engwerda, J., B. van Aarle & T. Anevlavis (2019)
Cooperation vs. leadership in a core-periphery monetary union: Inter-country vs. inter-institutional policy coordination
Hallett, A.H. & C. Mavrodimitrakis (2019)
What inflation measure should a currency union target?
Barnett, W.A., C. Wang, X. Wang & L. Wu (2019)
Public Support for the Euro and Trust in the ECB: The first two decades of the common currency
Roth, F. & L. Jonung (2019)
Optimal fiscal transfers in a monetary union
Dmitriev, M. & J. Hoddenbagh (2019)
On the credit and exchange rate channels of central bank asset purchases in a monetary union | Published
Darracq Pariès, M. & N. Papadopoulou (2019/20)
Macroprudential policy in a monetary union with cross-border banking
Darracq Pariès, M., C. Kok & E. Rancoita (2019)
Labor Mobility in a Monetary Union
Hauser, D. & M. Seneca (2019)
The Behavioral Economics of Currency Unions: Economic Integration and Monetary Policy | Published
Bertasiute, A., D. Massaro & M. Weber (2019/20)
Do monetary unions dream of structural reforms?
Loewald, C. & A. Wörgötter (2019)
Delay determinants of European Banking Union implementation
Koetter, M., T. Krause & L. Tonzer (2019)
Optimal fiscal substitutes for the exchange rate in monetary unions
Kaufmann, C. (2019)
Does a Currency Union Need a Capital Market Union? Risk Sharing via Banks and Markets
Martinez, J., T. Philippon & M. Sihvonen (2019)
What drives European Union stock market co-movements?
Nitoi, M. & M.M. Pochea (2019)
On the Credit and Exchange Rate Channels of Central Bank Asset Purchases in a Monetary Union
Darracq Paries, M. & N. Papadopoulou (2019)
Medium-term asymmetric fluctuations and EMU as an optimum currency area
Hessel, J. (2019)
Optimal Fiscal Consolidation in a Currency Union
Silva, D. (2019)
Fiscal Stabilization in the United States: Lessons for Monetary Unions
Nikolov, P. & P. Pasimeni (2019)
Did Austerity Cause Brexit?
Fetzer, D. (2019)
Currency union with or without banking union
Bignon, V., R. Breton & M.R. Breu (2019)
On the Effectiveness of Fiscal Devaluation in a Monetary Union
Lipinska, A. & L. von Thadden (2019)
Adjustment dynamics and business cycle heterogeneity in the EMU
Giovannini, M, S. Stefan, M. Ratto & L. Vogel (2019)
Monetary union and financial integration | Published
Fornaro, L. (2019/22)
When Do Currency Unions Benefit From Default?
Wang, X. (2019)
Exchange rate volatility in the eurozone
Bajo Rubio, O., B. Berke & D.G. McMillan (2019)
Relative price dynamics in the Euro area: where do we stand?
Cova, P. & L. Rodano (2019)
Market Regulation, Cycles and Growth in a Monetary Union
Abbritti, M. & S. Weber (2019)
Monetary Unions and National Welfare
Gorgun, C. (2019)
Do institutions of the euro area converge?
Beyaert, A., J. García-Solanes & L. Lopez-Gomez (2019)
Quantitative easing in a monetary union
Saraceno, F. & R. Tamborini (2020)
Fiscal discipline in EMU? Testing the effectiveness of the Excessive Deficit Procedure
De Jong, J.F.M. & N.D. Gilbert (2020)
Debt sustainability and fiscal space in a heterogeneous Monetary Union: normal times vs the zero lower bound
Andrés, J., P. Burriel & W. Shen (2020)
Unconventional Monetary Policy, Fiscal Side Effects, and Euro Area (Im)balances
Hachula, M., M. Piffer & M. Rieth (2020)
The Integration of Countries' Sovereign Bond Markets: An Empirical Illustration of a Global Financial Cycle
Inaba, K-I. (2020)
Structural asymmetries and financial imbalances in the Eurozone
Jaccard, I. & F. Smets (2020)
Fiscal deficits as a source of boom and bust under a common currency
Ganelli, G. & N. Rankin (2020)
How different are monetary unions to national economies according to prices?
Glushenkova, M. & M. Zachariadis (2020)
Cross-Border Banking and Macroprudential Policies in Asymmetric Monetary Unions
Dräger, L. & C.R. Proaño (2020)
The effects of economic globalisation and ethnic fractionalisation on redistribution
Pleninger, R. & J-E. Sturm (2020)
Rethinking Optimal Currency Areas
Chari, V.V., A. Dovis & P.J. Kehoe (2020)
Shadow banking and the design of macroprudential policy in a monetary union
Kirchner, P. & B. Schwanebeck (2020)
Deciphering the Macroeconomic Effects of Internal Devaluations in a Monetary Union
Andrés, J., O. Arce, J. Fernández-Villaverde & S. Hurtado (2020)
Shadow banking and the design of macroprudential policy in a monetary union
Kirchner, P. & B. Schwanebeck (2020)
The COVID?19 crisis: A Hamilton moment for the European Union?
Issing, O. (2020)
The third round of euro area enlargement: Are the candidates ready?
Deskar-Škrbic, K. Kotarac & D. Kunovac (2020)
Asymmetric macroeconomic effects of QE-induced increases in excess reserves in a monetary union
Horst, M., U. Neyer & D. Stempel (2020)
Liquidity Traps in a Monetary Union | Published
Kollmann, R. (2020/21)
The Political Economy of a Diverse Monetary Union
Perotti, E. & O. Soons (2020)
Reaching for yield and the diabolic loop in a monetary union
Boubaker, S., D. Gounopoulos, D.K. Nguyen & N. Paltalidis (2020)
The international dimension of an incomplete EMU
Ioannou, D., L. Stracca & M.S. Pagliari (2020)
Demographics and the natural interest rate in the euro area
Bielecki, M., M. Brzoza-Brzezina & M. Kolasa (2020)
Optimal quantitative easing in a monetary union | Published
Kabaca, S., R. Maas, K. Mavromatis & R. Priftis (2020/23)
The COVID-19 shock and a fiscal-monetary policy mix in a monetary union
Bartocci, A., A. Notarpietro & M. Pisani (2020)
Understanding the gains from wage flexibility in a currency union: the fiscal policy connection
Okano, E. (2020)
The dynamics of core and periphery in the European monetary union: A new approach
Campos, N.F. & C. Macchiarelli (2021)
European monetary integration, TFP and productivity convergence
Papaioannou, S.K. (2021)
Bankruptcy Codes and Risk Sharing of Currency Unions
Wang, X. (2021)
Central bank credibility, long-term yields and the effects of monetary integration
Kolasa, M. & D. Supera (2021)
Policy conflict, coordination, and leadership in a monetary union under imperfect instrument substitutability
Chortareas, G. & C. Mavrodimitrakis (2021)
Fiscal devaluation and labor market frictions in a monetary union
Burlon, L., A. Notarpietro & M. Pisani (2021)
The evolution of debtor-creditor relationships within a monetary union: Trade imbalances, excess reserves and economic policy
Gräbner, C., P. Heimberger, J. Kapeller, M. Landesmann & B. Schütz (2021)
Differences in wage determination in the Eurozone: A challenge to the resilience of the common currency
Camarero, M., G. D'Adamo & C. Tamarit (2021)
The euro area periphery and imbalances: Is it an Anticipation Story?
Siena, D. (2021)
What kind of region reaps the benefits of a currency union?
Cerqua, A., R. Di Stefano & G. Pellegrini (2021)
Regional integration and income inequality: a synthetic counterfactual analysis of the European Monetary Union
Bouvet, F. (2021)
Cross-Region Transfer Multipliers in a Monetary Union: Evidence from Social Security and Stimulus Payments
Pennings, S. (2021)
The Resilience of the Euro
Lane, P.R. (2021)
The United States of Europe: A Gravity Model Evaluation of the Four Freedoms
Head, K. & T. Mayer (2021)
Central bank independence, fiscal deficits and currency union: Lessons from Africa
Strong, C. & C. Yayi (2021)
Uncertainty shocks in currency unions
Born, B., G. Müller & J. Pfeifer (2021)
Risk sharing in currency unions: The migration channel | Published
Kohler, W., G.J. Müller & S. Wellmann (2021/23)
Global Public Goods: A Survey
SURVEY PAPER
Buchholz, W. & T. Sandler (2021)
Bayesian estimation of the Eurozone currency union effect
Carpio, R. & M. Guo (2021)
Macroprudential policy coordination in a currency union
Agénor, P-R., T. Jackson & P. Jia (2021)
Globalization in the aftermath of the pandemic and trump
Stiglitz, J.E. (2021)
Fiscal policy in a monetary union with downward nominal wage rigidity
Burgert, M., P. Pfeiffer & W. Roeger (2021)
Why macroprudential policy matters in a monetary union
Buch, C.M., M. Buchholz, K. Knoll & B. Weigert (2021)
Sovereign debt crisis, fiscal consolidation, and active central bankers in a monetary union
Canofari, P., G. Di Bartolomeo & M. Messori (2021)
Optimal Monetary and Fiscal Policy in a Currency Union with Frictional Goods Markets | Pubished
Gomis-Porqueras, P. & C. Zhang (2021)
The impact of the euro on trade: two decades into monetary union
Gunnella, V., L. Lebastard, P. Lopez-Garcia, R. Serafini & A.Z. Mattioli (2021)
Moving closer? Comparing regional adjustments to shocks in EMU and the United States
Furceri, D., P. Loungani & P. Pizzuto (2021)
How similar are country- and sector-responses to common shocks within the euro area?
Rathke, A., S. Streicher & J-E. Sturm (2021)
Unit of account, sovereign debt, and optimal currency area
Toyofuku, K. (2021)
Monetary Policy with a State-Dependent Inflation Target in a Behavioral Two-Country Monetary Union Model
Proaño, C.R. & B. Lojak (2021)
Bond Convenience Yields in the Eurozone Currency Union
Jiang, Z., H. Lustig, S. Van Nieuwerburgh & M.Z. Xiaolan (2021)
The existential trilemma of EMU in a model of fiscal target zone
Della Posta, P. & R. Tamborini (2021)
The Common Currency Effect on International Trade: Evidence from an Accidental Monetary Union
Vicquéry, R. (2021)
Stabilization and the policy mix in a monetary union
Malmierca, M. (2022)
A central bank digital currency in a heterogeneous monetary union: Managing the effects on the bank lending channel
Fegatelli, P. (2022)
Inflation convergence over time: Sector?level evidence within Europe
Yilmazkuday, H. (2022)
Effects of Cross Country Fiscal Interdependence on Multipliers within a Monetary Union
Kunzmann, V. (2022)
On the economic desirability of the West African monetary union: Would one currency fit all?
Couharde, C., C. Grekou & V. Mignon (2022)
Twenty years with the Euro: Eurozone banking market integration revisited
Kleimeier, S. & H. Sander (2022)
Monetary Union, Asymmetric Recession, and Exit | Published
Keuschnigg, C., L. Kirschner, M. Kogler & H. Winterberg (2022/23)
Effectiveness and counter-cyclicality of fiscal consolidation under compliance regulation: The case of the Stability and Growth Pact
Herwartz, H. & B. Theilen (2022)
The Term Structure of Interest Rates in a Heterogeneous Monetary Union
Costain, J., G. Nuño & C. Thomas (2022)
The Policy Mix in a Monetary Union: Who Bears the Burden of Asymmetric Shocks' Stabilisation?
Mavrodimitrakis, C. (2022)
The fragility of the Eurozone: has it disappeared?
De Grauwe, P. & Y. Ji (2022)
Monetary-fiscal crosswinds in the European Monetary Union
Reichlin, L., G. Ricco & M. Tarbé (2023)
Digital innovation and financial access for small and medium-sized enterprises in a currency union
Babilla, T.U.K. (2023)
Fiscal Transfers and Common Debt in a Monetary Union: A Multi-Country Agent Based-Stock Flow Consistent Model
Caiani, A. & E. Catullo (2023)
Breaking badly: The currency union effect on trade
Campbell, D.L. & A. Chentsov (2023)
Eurozone prices: A tale of convergence and divergence
Garcia-Hiernaux, A., M.T. Gonzalez-Perez & D.E. Guerrero (2023)
Shared Problem, Shared Solution: Benefits from Fiscal-Monetary Interactions in the Euro Area
Beyer, R.C.M., R. Duttagupta, A. Fotiou, K. Honjo, M.A. Horton, Z. Jakab, V. Nguyen, R.A. Portillo, J. Lindé, N. Suphaphiphat & L. Zeng (2023)
Currency Areas, Labor Markets, and Regional Cyclical Sensitivity
Russ, K., J.C. Shambaugh & S.R. Singh (2023)
Macrofinancial Dynamics in a Monetary Union
Monteiro, D (2023)
Quantifying the Germany Shock: Structural Reforms and Spillovers in a Currency Union
Fadinger, H., P. Herkenhoff & J. Schymik (2023)
A HANK² Model of Monetary Unions
Bayer, C., A. Kriwoluzky, G.J. Müller & F. Seyrich (2023)
The transmission of euro area monetary policy to financially euroized countries
Moder, I. (2023)
A HANK2 Model of Monetary Unions
Bayer, C., A. Kriwoluzky, G.J. Müller & F. Seyrich (2023)
The Effects of Government Spending in the Eurozone
Gabriel, R.D., M. Klein & A.S. Pessoa (2023)
Fiscal Federalism and Monetary Unions
Berriel, R., E. Gonzalez-Aguado, P.J. Kehoe & E. Pastorino (2023)
Is a fiscal union optimal for a monetary union?
Berriel, R., E. Gonzalez-Aguado, P.J. Kehoe & E. Pastorino (2024)
The international impact of a fragile EMU
Ioannou, D., M.S. Pagliari & L. Stracca (2024)
Understanding the German criticism of Target
Perotti, R. (2024)
Macroprudential policy implementation in a heterogeneous monetary union
Rubio, M. (2024)
Fragmented Monetary Unions
Fornaro, L. & C. Grosse-Steffen (2024)
Adopting the euro: A synthetic control approach
Gabriel, R.D. & A.S. Pessoa (2024)
Research papers Regional Integration Agreements has been filed under the international trade research section.
The myth of economic globalization: notes from a European perspective
Papers on Globalisation & Poverty
Eliminating World Poverty: Making Globalisation Work for the Poor
White Paper Background Papers
Abstract: Background papers for the UK Government's second White Paper on International Development entitled: "Eliminating World Poverty: Making Globalisation Work for the Poor".
Globalization and Macroeconomics
Abstract: Since the earliest days of systematic economic analysis, economists have sought to understand how the openness of economies affects their responses to disturbances occurring both at home and abroad. Indeed, the 1999 Nobel Memorial Prize in Economics was presented to Robert A. Mundell in large part for his pioneering studies of the links among economic policy, monetary arrangements, and the degrees of international capital and labor mobility. My recent research concentrates on four sets of questions in international macroeconomics. First, how integrated are world markets, and what does the degree of integration imply for macroeconomic phenomenons? Second, how can we model the open economy in a way that is useful for guiding policy? Third, what are the implications for international monetary arrangements? Fourth, what forces have promoted international economic integration, specifically the integration of capital markets?
Does Globalization Make the World More Unequal?
Civil regulation - new governance for the global economy?
Financial Systems, Economic Growth, and Globalization
Globalization and the Challenge for Developing Countries
Globalization
Global Trends 2015: A Dialogue About the Future With Nongovernment Experts
Winners and losers: making the most of globalisation
Abstract: Can developing country governments simultaneously integrate with the world economy and work towards poverty elimination? Who are the losers from globalisation and how should the international community respond to the fact of their loss?
Globalization and Firms' Financing Choices: Evidence from Emerging Economies | Published
International Migration and the Global Economic Order:An Overview
Does Globalization Increase Child Labor? Evidence from Vietnam
Globalization and Inequality: Evidence from Within China
Globalization and Capital Markets
New world order? In search of stability for the global economy
Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets | Published
Globalizzazione
Globalisation: a threat to social policy?
The Missing Globalization Puzzle
Globalization and Democracy
REVIEW PAPER
Abstract: The Annals of the American Academy of Political and Social Science, Volume 581.
Financial Globalization and Real Regionalization | Alternative
Abstract: Over the period 1972-1986, the correlations of GDP, employment and investment between the United States and an aggregate of Europe, Canada and Japan were respectively 0.76, 0.66, and 0.63. For the period 1986 to 2000 the same correlations were much lower: 0.26, 0.03 and -0.07 (real regionalization). At the same time, U.S. international asset trade has significantly increased. For example, between 1972 and 1999, United States gross FDI and equity assets in the same group of countries rose from 4 to 23 percent of the U.S. capital stock (financial globalization). We document that the correlation of real shocks between the U.S. and the rest of the world has declined. We then present a model in which international financial market integration occurs endogenously in response to less correlated shocks. Financial integration further reduces the international correlations in GDP and factor supplies. We find that both less correlated shocks and endogenous financial market development are needed to account for all the changes in the international business cycle.
Globalization, Trade, and Development: Some Lessons From History
Overturning Mundell: fiscal policy in a monetary union
Economic Insecurity and the Globalization of Production
Determinants of FDI in Developing Countries: Has Globalization Changed the Rules of the Game?
Globalization and Workers in Developing Countries
Financial Globalization: Unequal Blessings
Financial Globalization: Some Conceptual Problems
Financial Integration and Macroeconomic Volatility
AFTA and the Asian Crisis: Help or Hindrance to ASEAN Intra-Regional Trade
International Financial Integration | Alternative
Information Diffusion in International Markets
The Elusive Gains from International Financial Integration
The Debate on Globalization, Poverty, and Inequality: Why Measurement Matters
Globalisation: heralding the end of the developmental state?
Democracy's Dilemma: Environment, Social Equity, and the Global Economy
Globalization and Its Challenges
Benefits and Costs of International Financial Integration: Theory and Facts
International Financial Integration
Trade Openness, Foreign Direct Investment and Child Labor
Financial Globalization and Regulation | Alternative
Globalization and Poverty
Fooling Ourselves: Evaluating the Globalization and Growth Debate
Challenges to Globalization
Abstract: Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding globalization's relationship to democracy, its impact on the environment, and the associated expansion of trade and its effects on prices. Of significant note are papers on the labor market that discuss the infamous brain drain, sweat shop labor, wage levels, and changes in production processes.
Has Globalization Gone Far Enough? The Costs of Fragmented Markets
A fair globalization: creating opportunities for all
Wealth bias in the first global capital market boom, 1870-1913
The G-20 and the World Economy
Islam, Globalization, and Economic Performance in the Middle East
Globalization, Returns to Accumulation and the World Distribution of Output | Published
Globalization, Technology and Asian Development
False Prophet, or Genuine Savior? Assessing the Effects of Economic Openness on Sustainable Development, 1980-1999
Globalization, Poverty, Inequality, and Insecurity: Some Insights from the Economics of Happiness
Globalization’s Bystanders: Does Globalization Hurt Countries that Do Not Participate?
What Are the Right Institutions in a Globalizing World? And ... Can We Keep Them if We've Found Them?
Financial Globalization, Growth and Volatility in Developing Countries
Abstract: This paper provides a comprehensive assessment of empirical evidence about the impact of financial globalization on growth and volatility in developing countries. The results suggest that it is difficult to establish a robust causal relationship between financial integration and economic growth. Furthermore, there is little evidence that developing countries have been consistently successful in using financial integration to stabilize fluctuations in consumption growth. However, we do find that financial globalization can be beneficial under the right circumstances. Empirically, good institutions and quality of governance are crucial in helping developing countries derive the benefits of globalization. Similarly, macroeconomic stability appears to be an important prerequisite for ensuring that financial globalization is beneficial for developing countries. Finally, countries that employ relatively flexible exchange rate regimes and succeed in maintaining fiscal discipline are more likely to enjoy the potential growth and stabilization benefits of financial globalization.
Globalization and Disinflation: A Note
Fair Trade: A 'Third Generation' Welfare Mechanism to Make Globalisation Sustainable
Globalization and the Returns to Speaking English in South Africa
Policies Facilitating Firm Adjustment to Globalization
Why are the Critics so Convinced that Globalization is Bad for the Poor?
Economic Takeoffs in a Dynamic Process of Globalization
Globalisation vs Skill-Biased Technological Change: Implications for Unemployment and Wage Inequality
Globalization and Values
Metrics Capturing the Degree to which Individual Economies are Globalized
A Better Globalization: Legitimacy, Governance, and Reform
Abstract: The huge costs of armed conflict, the great challenge of state failure, and the slow pace of international actions to address world poverty all point to weaknesses in the global institutional framework and the need for much more effective international cooperation. In this book, Kemal Dervis argues that it is time to build a new international governance structure, breaking away from a system that reflects the post World War II world toward one that is appropriate to the realities and requirements of the 21st century. He proposes a reform of the international institutional architecture based on high-level governance in both the political and economic domains by a renewed and modernized United Nations. Navigating between careful realism and bold idealism, he formulates a coherent vision encompassing both institutional reform and new ideas for policies supported by the specialized institutions such as the IMF, the World Bank, the WTO, the UN agencies themselves, and regional institutions such as the regional development banks. In this plea for “better” globalization, Dervis proposes that, under the legitimizing umbrella of the UN, the specialized institutions deal with the deep causes of the obstacles to poverty reduction and instability rather than their immediate manifestations. He recognizes the great potential that more and freer trade can have for accelerating growth throughout the world. He also stresses, however, that for this potential to be unleashed, the hearts and minds of people must be won by transforming not only the WTO framework but the entire governance of the international economic system into something that is perceived as more legitimate and more responsive to the concerns of the developing world as well as wealthy and creditor nations.
Globalization in Historical Perspective
Abstract: As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. This volume presents a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration.
Globalization and Developing Countries - A Shrinking Tax Base?
Globalization and Stock Market Returns
Globalization in the World of Finance: An Analytical History
China's Embrace of Globalization
Financial Globalization: A Reappraisal
The External Financing of Emerging Market Countries: Evidence from Two Waves of Financial Globalization
Poverty Traps, Distance, and Diversity: The Migration Connection
Inequality and Schooling Responses to Globalization Forces: Lessons from History
International Trade and Finance under the Two Hegemons: Complementaries in the United Kingdom 1870-1913 and the United States 1920-30
Losing our Marbles in the New Century? The Great Rebalancing in Historical Perspective
Globalization and the ‘confidence game’
Trade Costs in the First Wave of Globalization
Ideology and Voter Preferences as Determinants of Financial Globalization
Risk, Government and Globalization: International Survey Evidence
Distributional Effects of Globalization in Developing Countries
Globalisation and the role of effective international institutions
Migration, spillovers, and trade diversion: The impact of internationalization on domestic stock market activity
It's a Big World After All
Distressed workers: What has globalization to do with it? Globalization and Monetary Control
Social Security in a globalizing world
Financial Globalization and Emerging Market Portfolios
On the Welfare Implications of Financial Globalization without Financial Development
Challenges to Globalization
Abstract: Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices.
Globalization and Its Impact on Labour
How to Save Globalization from its Cheerleaders
Foreign Capital and Economic Growth in the First Era of Globalization
International Financial Integration and the Real Economy
Surviving globalisation
Was Germany Ever United? Evidence from Intra- and International Trade, 1885 -1933
Globalization, Macroeconomic Performance, and Monetary Policy
Globalization and innovation in emerging markets | Published
Financial globalization and monetary policy
Globalization and the dynamics of cultural identity
Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
How Globalization Affects Tax Design
Does globalisation discipline monetary policymakers?
Globalization and financial development
Sequencing of reforms, financial globalization, and macroeconomic vulnerability
Globalization, Technology, and the Skill Premium: A Quantitative Analysis
Some Simple Tests of the Globalization and Inflation Hypothesis
World betas, consumption growth, and financial integration
What drives international equity correlations? Volatility or market direction?
Globalization and Volatility under Alternative Trade Structures
Debt, interest rates, and integration of financial markets
Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels
Nominal Stability and Financial Globalization
Globalization, structural change, and productivity growth
Who Needs the Nation State?
Riding Global Financial Waves: The Economic Impact of Global Financial Shocks on Emerging Market Economies
The Great Leveraging
International trade and institutional change: Medieval Venice's response to globalization
Globalization and U.S. Wages: Modifying Classic Theory to Explain Recent Facts
Globalization, Brain Drain, and Development
Globalization and Corporate Taxation
Globalization and labor market institutions: International empirical evidence
Financial Globalization, Financial Crises, and the External Portfolio Structure of Emerging Markets
Firm Performance in a Global Market
The short and long-run impact of globalization if firms deiffer in factor input ratios
Globalization, trade, and wages: what does history tell us about China?
Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century
Abstract: Along with its painful economic costs, the financial crisis of 2008 raised concerns over the future of international policy making. As in recessions past, new policy initiatives emerged, approaches that placed greater importance on protecting national interests than promoting international economic cooperation. Whether in fiscal or monetary policies, the control of currencies and capital flows, the regulation of finance, or the implementation of protectionist policies and barriers to trade, there has been an almost worldwide trend toward the prioritizing of national economic security. But what are the underlying economic causes of this trend, and what can economic research reveal about the possible consequences?
Product-based cultural change: Is the village global?
Is Globalization Weakening the Inflation-Output Relationship?
Entrepreneurship Policy and Globalization
Does the bonding effect matter in a more integrated capital market world?
Financial Globalization, Inequality, and the Rising Public Debt
Does globalization create superstars? A simple theory of managerial wages
A simple model of globalization, schooling and skill acquisition
Globalization and imperfect labor market sorting
Does trade globalization induce or inhibit corporate transparency? Unbundling the growth potential and product market competition channels
The Federal Reserve in a Globalized World Economy
Does globalization promote real output? Evidence from quantile cointegration regression
Deglobalization of Banking: The World is Getting Smaller
Globalization and inflation: Evidence from a time-varying VAR
Globalization and the transmission of social values: The case of tolerance
Who's Getting Globalized? The Size and Implications of Intra-national Trade Costs
Globalization and Wage Polarization
Does Government Intervention Affect Banking Globalization? | Published
Ex Tridenti Mercatus? Sea-power and maritime trade in the age of globalization
Natural resources, decentralization, and risk sharing: Can resource booms unify nations?
A tale of two globalizations: gains from trade and openness 1800-2010
Intra-industry Trade in a Rapidly Globalizing Industry: The Case of Wine
Globalization and inflation: A threshold investigation
Back to the Future: International Trade Costs and the Two Globalizations
Globalization of Labor Markets and the Growth Prospects of Nations
Migration and Globalization: What's in it for Developing Countries?
Information Globalization
Financing Education in Europe: The Globalization Perspective
Market Potential and Global Growth over the Long Twentieth Century
The Globalization Risk Premium
Globalization, Market Structure and Inflation Dynamics.
Globalization, Worker Mobility and Wage Inequality
A Solution to the Missing Globalization Puzzle by Non-CES Preferences
Distance, globalization, and international trade
Globalization and human capital investment: Export composition drives educational attainment
Financial globalisation, monetary policy spillovers and macro-modelling: tales from 1001 shocks
Financial Globalization and Market Volatility: An Empirical Appraisal
Financial deglobalisation in banking? | Published
Globalisation and the decline of the labour share: A microeconomic perspective
Equity Market Globalization and Portfolio Rebalancing
Can Countries Manage Their Financial Conditions Amid Globalization?
Globalization and the evolution of corporate governance
Retail Globalization and Household Welfare: Evidence from Mexico
Globalization and productivity: A robust nonparametric world frontier analysis
Managing Financial Globalization: Insights from the Recent Literature
SURVEY PAPER
Globalization and the decline in labor shares: Exploring the relationship beyond trade and financial flows
Market size in globalization
Globalization and the New Normal
The Second Era of Globalization Is Not yet Over: An Historical Perspective
The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data
Financial Globalization and the Welfare State
Social Networks and the Process of Globalization
Trump and Globalization
The Globalization of Farmland: Theory and Empirical Evidence
Meaningful Information for Domestic Economies in the Light of Globalization - Will Additional Macroeconomic Indicators and Different Presentations Shed Light?
The World Is Not Yet Flat: Transport Costs Matter!
Inequality Aversion, Populism, and the Backlash Against Globalization
Financial globalization, domestic financial freedom and risk sharing across countries
The Welfare State besides Globalization Forces
Market and Regional Segmentation and Risk Premia in the First Era of Financial Globalization
Globalization, Government Popularity, and the Great Skill Divide
Expressive attitudes to compensation: The case of globalization
The Double-Edged Sword of Global Integration: Robustness, Fragility \& Contagion in the International Firm Network
Globalization, Gender, and the Family
Economic History and Contemporary Challenges to Globalization
Innovation and Corporate Cash Holdings in the Era of Globalization
The Taxing Deed of Globalization
International trade in wheat and other cereals and the collapse of the first wave of globalization, 1900-38
Managing the Yield Curve in a Financially Globalized World
Globalization, Market Power, and the Natural Interest Rate
Globalization and mental distress
Globalization and firm-level cost structure
How Argentina became a super-exporter of agricultural and food products during the First Globalisation (1880-1929)
Welfare State vs. Market Forces in a Globalization Era
Passing-through taxes beyond borders with a cobra effect
Does tax competition tame the Leviathan?
Increasing Resistance to Globalization: The Role of Trade in Tasks | Published
Responding to the First Era of Globalization: Canadian Trade Policy, 1870-1913
Can social spending cushion the inequality effect of globalization?
Public employment decline in developing countries in the 21st century: The role of globalization
What makes globalization really new? Sociological views on our current globalization
The road to innovation vs. the role of globalization: A dynamic quantile investigation
Globalization and jobless recoveries
Globalization in the Time of COVID-19
Are Exchange Rates Less Important for Trade in a More Globalized World? Evidence for the New EU Members | Published
Deglobalizaion and Social Safety Nets in Post-Covid-19 Era: Textbook Macroeconomic Analysis
Global Trade and Margins of Productivity in Agriculture
Globalization, the jobs ladder and economic mobility
Wage inequality and skill supplies in a globalised world
Globalization and Pandemics
Highways and Globalization | Published
De-globalization: Driven by Global Crises?
Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance
Facing the challenge of globalization: the role of confidence in institutions
De-Globalisation? Global Value Chains in the Post-COVID-19 Age
Two challenges from globalization
The Globalization of Refugee Flows
Globalization, Trade Imbalances and Labor Market Adjustment
Openness and factor shares: Is globalization always bad for labor?
The Globalization of Postsecondary Education: The Role of International Students in the US Higher Education System
Finance, globalisation, technology and inequality: Do nonlinearities matter?
Has globalization shrunk manufacturing labor share in transition economies?
The Linder hypothesis during the globalization era
Information in the First Globalization: News Agencies and Trade
Globalization and executive compensation
Determinants of deglobalization: A hierarchical model to explore their interrelations as a conduit to policy
Globalization and the Environment
SURVEY PAPER
Globalization and entrepreneurial entry and exit: Evidence from U.S. households
"Unusual, Unstable, Complicated, Unreliable and Temporary" Reinterpreting the Ebb and Flow of Globalization
12. The Link between Financial Globalisation and Integration into Global Value Chains and Macroeconomic Impacts
Attitudes towards globalization barriers and implications for voting: Evidence from Sweden
(De-)Globalisation of trade and regionalisation: a survey of the facts and arguments
De-Globalization, Welfare State Reforms and Labor Market Outcomes
Globalization and the Ladder of Development: Pushed to the Top or Held at the Bottom?
Safe Assets at Financial Globalization
The backlash of globalization
Did the great influenza of 1918-1920 trigger a reversal of the first era of globalization?
Policy instrument choice under globalization: Do authoritarian states choose differently?
Globalization and Factor Income Taxation
Macro-Economic Measures for a Globalized World: Global Growth and Inflation
Welfare gains through globalization: Evidence from Japan's manufacturing sector
Globalisation and the slope of the Phillips curve
Globalization, Trade Imbalances and Inequality
The Diffusion of Economic Activity Across Space: A New Approach
Technology, Skills, and Globalization: Explaining International Differences in Routine and Nonroutine Work Using Survey Data
Trade Shocks, Labor Markets and Elections in the First Globalization
Is globalization the root cause of declining inflation?
Agriculture's globalization: Endowments, technologies, tastes and policies
Globalisation and the Decoupling of Inflation from Domestic Labour Costs
Globalization and Heterogeneity: Evidence from Hollywood
Pros and Cons of Globalization: Income-Based Attitudes
Globalization and Female Empowerment: Evidence from Myanmar
Unstable Prosperity: How Globalization Made the World Economy More Volatile
Globalization and Promissory Representation
Technology and Globalization in the Very Long Run
Is the Global Economy Deglobalizing? And if so, why? And what is next?
Globalization, Structural Change and International Comovement
Incentives, globalization, and redistribution
Globalization: Uncoupled or unhinged?
International Attitudes Toward Global Policies
Does globalization suppress social trust?
Understanding the globalization?crisis linkage: A "differenced" approach
Do international investment and trade flows show any signs of fragmentation?
Unbalanced Financial Globalization
Does globalization drive long-run inequality within OECD countries? A guide to policy making
How Far Has Globalization Gone? A Tale of Two Regions
Trade Shocks, Labour Markets and Migration in the First Globalisation
The globalization of corporate control
Globalization and Profitability of US Firms: The Role of Intangibles
The US Equity Valuation Premium, Globalization, and Climate Change Risks
Globalization and Growth in a Bipolar World
Territorial comparative advantage, wage inequality, and monetary policy in the global world
Keynesian Policy Space in "Globalized" Economies
Mild deglobalization: Foreign investment screening and cross-border investment
Post-Neoliberal Globalization: International Trade Rules for Global Prosperity
Antiglobalization sentiment: Exposure and immobility
Increasing Returns and Economic Geography
Abstract: This paper develops a simple model that shows how a country can endogenously become differentiated into an industrialized "core" and an agricultural "periphery". In order to realize scale economies while minimizing transport costs, manufacturing firms tend to locate in the region with larger demand, but the location of demand itself depends on the distribution of manufacturing. Emergence of a core-peiphery pattern depends on transportation costs, economies of scale, and the share of manufacturing in national income.
The Spatial Economy: Introduction
Cluster emergence on a global continuum
Geography & Development
Internet Cluster Emergence
Abstract: Internet development holds the promise of transmitting economic value across physical space at zero marginal cost. In such a ``weightless economy'', what factors matter for the location of economic activity and thus for economic development? This paper sketches a model of spatial dynamics over a three-dimensional globe, where transportation costs don't matter. The paper develops conditions under which clusters of activity emerge.
Singapore's Role as ICT Hub: View from the New Economic Geography
The Economic Geography of the Internet Age
Demand-driven knowledge clusters in a weightless economy
The Economic Geography of the Internet Age
Abstract: This paper combines the perspective of an international economist with that of an economic geographer to reflect on how and to what extent the Internet will affect the location of economic activity. Even after the very substantial transportation and communication improvements during the 20th Century, most exchanges of physical goods continue to take place within geographically-limited 'neighborhoods.' Previous rounds of infrastructure improvement always have had a double effect, permitting dispersion of certain routine activities but also increasing the complexity and time-dependence of productive activity, and thus making agglomeration more important. We argue that the Internet will produce more of the same forces for deagglomeration, but offsetting and possibly stronger tendencies toward agglomeration. Increasingly the economy is dependent on the transmission of complex uncodifiable messages, which require understanding and trust that historically have come from .face-to-face contact. This is not likely to be affected by the Internet, which allows long distance 'conversations' but not 'handshakes.'
Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution
Agglomeration Economies and Productivity in Indian Industry
Bones, Bombs and Break Points: The Geography of Economic Activity
How Migration Restrictions Limit Agglomeration and Productivity in China
Technology, Agglomeration, and Regional Competition for Investment
Regional specialization and trade patterns in Europe
Agglomeration, Integration and Tax Harmonization
Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich?
Geography and Export Performance: External Market Access and Internal Supply Capacity
Space Is more than Geography
Cities, Regions and the Decline of Transport Costs
Changing Economic Geography and Vertical Linkages in Japan
Micro-Foundations of Urban Agglomeration Economies
Relative Wage Variation and Industry Location
Comparative Advantage and the Location of Production
The Origins of Spatial Interaction
Economic geography and international inequality
Timeliness, Trade and Agglomeration
Boom Towns And Ghost Countries: Geography, a Conglomeration, and Population Mobility?
Abstract: Ghost towns dot the West of the United States. These cities boomed for a period and then, for various reasons, fell into a process of decline and have shrunk to a small fraction of their former population. Are there ghost countries—countries that, if there were population mobility, would only have a very small fraction of their current population? This paper carries out four empirical illustrations of the potential magnitude of the “ghost country” problem by showing that the “desired population” of any given geographic region varies substantially. First, the variance of growth rates of populations due to mobility across regions of the same country is often twice large as the variance across all developing countries in the world. While the variance of per capita output or income growth is much smaller. The ratio of the variance of the growth of population to the variance of the growth of output per head across regions within countries is 4 to 14 times as large as the same ratio across developing countries. Second, using county level data I construct “ghost regions” of the United States —contiguous collections of counties that are the size of many countries and have only a third the population they would have had without out-migration. Third, I compare the historical evolution of labor force and real wages of Ireland in the nineteenth century to the response of labor force and wages (or output per head) to negative shocks when labor mobility is restricted. Fourth, I calculate the changes in the labor force that would restore GDP per capita to its previous peak. All of these calculations suggest that even with thorough going “globalization” —the free mobility of goods and capital— and complete “policy reform” —common economic institutions and policies— there will remain substantial pressures for labor mobility. This also implies there will be both boom towns and ghost countries.
On the Geography of Trade: Distance is Alive and Well
Regional Policy, Integration and the Location of Industry in a Multiregion Framework
Globalization, polarization and cultural drift
Economic Geography: Real or Hype?
Agglomeration and Welfare: The Core-Periphery Model in the Light of Bentham, Kaldor and Rawls | Published
Location of vertically linked industries: agglomeration versus comparative advantage
Dynamic Cities and Creative Clusters
A Simple Model of Economic Geography a la Helpman-Tabuchi
Market potential, increasing returns and geographic concentration
Agglomeration and the Adjustment of the Spatial Economy
Heterogeneous Firms, Agglomeration and Economic Geography: Spatial Selection and Sorting
Trade and industrial location with heterogeneous labor
Cities and Countries
Abstract: If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon known as Zipf's Law. Further, the growth rate of a city's population is uncorrelated with its size, another well-known characteristic known as Gibrat's Law. In this paper, I show that both characteristics are true of countries as well as cities; the size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not obviously apply in explaining the size-distribution of countries. The similarity of city- and country-size distributions is an interesting riddle.
Putting New Economic Geography to the Test: Free-ness of Trade and Agglomeration in the EU Region
Size Really Doesn't Matter: In Search of a National Scale Effect
Urban Extremism
Globalization and the Evolution of the Supply Chain: Who Gains and Who Loses?
R&D and Strategic Industrial Location in International Oligopolies
Agglomeration and Aid
Firm location decisions, regional grants and agglomeration externalities
Trade and the location of industries: Some new results
Adding Geography to the New Economic Geography
Trade Costs, Market Access and Economic Geography: Why the Empirical Specification of Trade Costs Matters
Explaining the size distribution of cities: X-treme economies
Estimating Agglomeration Economies with History, Geology, and Worker Effects
Economic Linkages Across Space
Exporting, productivity and agglomeration
Agglomeration and Growth: Cross-Country Evidence
Agglomeration and Growth: Cross-Country Evidence
Labour Pooling As a Source of Agglomeration: An Empirical Investigation
Economic Geography: a Review of the Theoretical and Empirical Literature
REVIEW PAPER
A Model of International Cities: Implications for Real Exchange Rates
Tale of Two Ports: The Economic Geography of Inter-City Rivalry
Tax reform, delocation and heterogeneous firms
Spatial Development | Published
Clusters of Entrepreneurship
The Area and Population of Cities: New Insights from a Different Perspective on Cities
Competition for FDI with vintage investment and agglomeration advantages
The Global Networks of Multinational Firms
Macroeconomic implications of agglomeration | Published
The Wealth and Poverty of Regions
Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings
What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns
Productive cities: Sorting, selection and agglomeration | Published
A Calibrated Trade Model of Agglomeration
The Changing Incidence of Geography
Trade Costs and Economic Development
Local politics and economic geography
Search Unemployment and New Economic Geography
The spatial origin of commerce
Is New Economic Geography Right? Evidence from Price Data
The Effect of Agglomeration Size on Local Taxes
A Many-Country Model of Industrialization
A Cluster-Based Industrial Development Policy for Low-Income Countries
Spatial frictions
Trade Liberalization and Technology Diffusion
Internal Geography and External Trade: regional disparities in Italy, 1861-2011
Transportation, freight rates, and economic geography
Do Agglomeration Economies Reduce the Sensitivity of Firm Location to Tax Differentials?
Country Size, Technology and Manufacturing Location
Labor Differentiation and Agglomeration in General Equilibrium
Spatial period-doubling agglomeration of a core–periphery model with a system of cities
Growth effects of spatial redistribution policies
A Spatial Knowledge Economy | Published
Agglomeration,Trade and Selection
Optimal Agglomerations in Dynamic Economics
The Territorial Dynamics Of Innovation In China And India
Growth, agglomeration, and urban congestion
Spiders and snakes: Offshoring and agglomeration in the global economy
Local Economic Development, Agglomeration Economies, and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority
The natural Resource Curse, Fiscal Decentralization, and Agglomeration Economies
Migration modelling in the New Economic Geography
Internal Geography, International Trade, and Regional Specialization | Published
Competition in the traditional sector does not matter for the 'Core-Periphery' model
Self-organization of hexagonal agglomeration patterns in new economic geography models
Patterns of technology, industry concentration, and productivity growth without scale effects
Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines
Spatial externalities and agglomeration in a competitive industry
Optimal Agglomerations in Dynamic Economics
An Alternative Theory of the Plant Size Distribution, with Geography and Intra- and International Trade
Technological Progress and Economic Geography
Transportation Costs and the Spatial Organization of Economic Activity
Urbanization and the Geography of Development
Economic Geography, Endogenous Fertility, and Agglomeration
Borders, Geography, and Oligopoly: Evidence from the Wind Turbine Industry
Agglomerative Forces and Cluster Shapes
Creative Destruction: Barriers to Urban Growth and the Great Boston Fire of 1872 | Published
Coagglomeration, Clusters, and the Scale and Composition of Cities
The Comparative Advantage of Cities
Do the world's largest cities follow Zipf's and Gibrat's laws?
Modeling regional economic dynamics: Spatial dependence, spatial heterogeneity and nonlinearities
Regional integration, international liberalisation and the dynamics of industrial agglomeration
Spatial takeoff in the first industrial revolution
The global agglomeration of multinational firms
The Geography of Development within Countries
Production Networks, Geography and Firm Performance | Published
The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding | Published
Coping with inefficiencies in a New Economic Geography model: The unintended consequences of policy interventions
Geography and Demography: New Economic Geography with Endogenous Fertility
The Economics of Density: Evidence From the Berlin Wall
Geographic Dispersion of Economic Shocks: Evidence from the Fracking Revolution | Published
Shaking up the Equilibrium: Natural Disasters, Immigration and Economic Geography
The Role of Economic Geography in Subnational African Development
Endogenous Infrastructure Development and Spatial Takeoff | Published
The Global Spatial Distribution of Economic Activity: Nature, History, and the Role of Trade
Industry Clustering and Financial Constraints: A Reinterpretation Based on Fixed Asset Liquidation
Estimating Border Effects: The Impact of Spatial Aggregation | Published
Heterogeneous Agglomeration
Which Agglomeration Externalities Matter Most and Why?
Zoning and the Economic Geography of Cities
Quantitative Spatial Economics
SURVEY PAPER
Long-Range Growth: Economic Development in the Global Network of Air Links
Resetting the Urban Network: 117-2012
The Optimal Distribution of Population across Cities
Growth Policy, Agglomeration, and (the Lack of) Competition
On the Geography of Global Value Chains | Published
Breaking into Tradables: Urban Form and Urban Function in a Developing City
Heterogeneous Agglomeration
Brexit: Trade Governance and Legal Implications for Third Countries
Jewish communities and city growth in preindustrial Europe
Growth and Agglomeration in the Heterogeneous Space: A Generalized AK Approach
Historical urban growth in Europe (1300-1800)
In Search of a Spatial Equilibrium in the Developing World
Big or small cities? On city size and economic growth
Spatial Patterns of Development: A Meso Approach | | Published
SURVEY PAPER
The Global Distribution of Economic Activity: Nature, History, and the Role of Trade
Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America
The Geography of Talent: Development Implications and Long-Run Prospects
Economic corridors and regional development: The Malaysian experience
Regional Economic Development in Europe, 1900-2010: a description of the Patterns
Growth and agglomeration in the heterogeneous space: A generalized AK approach
Firm Sorting and Agglomeration | Published
Do special economic zones induce developmental spillovers? Evidence from India's states
Hotelling under Pressure
Optimal Spatial Policies, Geography and Sorting | Publishes
Spatial agglomeration, Global Value Chains, and productivity. Micro-evidence from Italy and Spain
Landmines and Spatial Development
Mismatch Unemployment and the Geography of Job Search
Spatial period doubling, invariant pattern, and break point in economic agglomeration in two dimensions
AI and the future of the brain power society: When the descendants of Athena and Prometheus work together
On the new economic geography of a multicone world
A network-city model of spatial competition
Natural Resources, Economic Growth and Geography | Published
Cities, Lights, and Skills in Developing Economies
Spatial inequality, geography and economic activity | Published
Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?
Internal Geography, Labor Mobility, and the Distributional Impacts of Trade
Place-Based Policies, Creation, and Agglomeration Economies: Evidence from China's Economic Zone Program
The Mutable Geography of Firms' International Trade: Evidence and Macroeconomic Implications
The Effect of High-Tech Clusters on the Productivity of Top Inventors
Cognitive Hubs and Spatial Redistribution
Import Competition and Industry Location in a Small-Country Model of Productivity Growth | Published
Growth with heterogenous interdependence
Geography of skills and global inequality
Regional Data in Macroeconomics: Some Advice for Practitioners
Urban Growth and its Aggregate Implications
High-Skill Migration, Multinational Companies, and the Location of Economic Activity
Ethnic Geography: Measurement and Evidence
Policy effectiveness in spatial resource wars: A two-region model
Urban Population and Amenities: The Neoclassical Model of Location
The geography of linguistic diversity and the provision of public goods
Structural characteristics of industrial clusters and regional innovation
Geography, Transportation, and Endogenous Trade Costs
Economic outcomes predicted by diversity in cities
The Belt and Road Initiative: Reshaping economic geography in Central Asia?
Of mice and merchants: connectedness and the location of economic activity in the Iron Age
On the economic geography of dual distribution - The case of McDonald's in Germany
Control theory in infinite dimension for the optimal location of economic activity: The role of social welfare function
Urbanization in the Developing World: Too Early or Too Slow? | Published
The Economics of Urban Density | Published
Mobility Zones
How Close Is Close? The Spatial Reach of Agglomeration Economies
Hinterlands, city formation and growth: evidence from the U.S. westward expansion | Published
Spatial Economics for Granular Settings
Plants in Space | Published
Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run
International trade, geographic heterogeneity and interregional inequality
Cities in Bad Shape: Urban Geometry in India
The hardships of long distance relationships: time zone proximity and the location of MNC's knowledge-intensive activities
Tech Clusters
Food, Fuel and the Domesday Economy
The Political and Economic Geography of Southern Succession
Geographic spillover of dominant firms' shocks
Geographic connectivity and cross-border investment: The Belts, Roads and Skies
Geography and State Fragmentation
The Making of the Modern Metropolis: Evidence from London
Geography and Regional Economic Growth: The high cost of deviating from nature
The geography of innovation and development: global spread and local hotspots
Location choice, portfolio choice
Trade and Geography
SURVEY PAPER
Geographic Lead-Lag Effects
Bank Geographic Diversification and Systemic Risk
Income Changes after Inter-city Migration
Land prices and agglomeration: Theory and evidence from the Tokyo metropolitan area
Quality-adjusted Population Density
Persistence and Path Dependence in the Spatial Economy
Top Lights: Bright cities and their contribution to economic development
Foreign direct investment and industrial agglomeration: Evidence from India
Cities, Productivity, and Trade
Urban Specialisation; from Sectoral to Functional
GVCs and the endogenous geography of RTAs
The Economic Geography of Global Warming | Published
Urban Growth Shadows
Industrial clusters, networks and resilience to the Covid-19 shock in China
Shocks and the spatial distribution of economic activity: The role of institutions
Consumption Access and Agglomeration: Evidence from Smartphone Data
Geographic Mobility and Redistribtuion
Investment commitments in PTAs and MNCS in partner countries
Skill, Agglomeration, and Inequality in the Spatial Economy
Productivity, Place, and Plants
Strategic investment and industry location in a footloose capital model of economic geography
Did colonisation matter for comparative economic complexity?
Property Rights and Urban Form
Liquidity and the International Allocation of Economic Activity
Building the City: From Slums to a Modern Metropolis
Entrepot: Hubs, Scale, and Trade Costs
Ethnic geography: Measurement and evidence
A Unified Theory of Cities
Dynamic Spatial General Equilibrium
Fiscal Transfers in the Spatial Economy
The Geography of Job Creation and Job Destruction
The Geography of Unemployment | Published
Urban Resilience
The Janus face of bank geographic complexity
Mapping exposures of EU banks to the global shadow banking system
Using Neural Networks to Predict Micro-Spatial Economic Growth
Spatial Equilibria: The Case of Two Regions
The Impact of the Spatial Population Distribution on Economic Growth
Economic Integration and Agglomeration of Multinational Production with Transfer Pricing
Firms' exposures to geographic risks
The Agglomeration of Urban Amenities: Evidence from Milan Restaurants
Using maps to predict economic activity
Economic Geography and the Efficiency of Environmental Regulation
Trade, productivity, and the spatial organization of agriculture: Evidence from Brazil
Demand risk and diversification through international trade
Income inequality, international trade and firm location
Urban Agglomeration and Firm Innovation: Evidence from Asia
Institutional design and spatial (in)equality - The Janus face of economic integration
Agglomeration, Innovation, and Spatial Reallocation: The Aggregate Effects of R&D Tax Credits
Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data
The Geographic Effects of Monetary Policy
Trade and Urbanization: Evidence from Hungary
Production Clustering and Offshoring
Blending Theory and Data: A Space Odyssey | Published
Matching in Cities
The Geography of Value Creation
Mind the Gap: City-Level Inflation Synchronization
The Geography of Structural Transformation: Effects on Inequality and Mobility
Solving the Longitude Puzzle: A Story of Clocks, Ships and Cities
Geography, Institutions, and Global Cropland Dynamics
Immigration and Spatial Equilibrium: The Role of Expenditures in the Country of Origin
Mechanics of Spatial Growth
Profit Shifting Frictions and the Geography of Multinational Activity
The Golden City on the Edge: Economic Geography and Jihad over Centuries
Spatial Polarisation
Industrial agglomeration and firm exports: Micro-evidence based on input-output linkages
Home or away? Profit shifting with territorial taxation
Unraveling urban advantages-A meta?analysis of agglomeration economies
The Value of Differing Points of View: Evidence from Financial Analysts' Geographic Diversity
Agglomeration and welfare of the Krugman model in a continuous space
The Geography of Capital Allocation in the Euro Area
Foreign direct investment and industrial agglomeration: Evidence from China
A Resource-Rich Neighbor Is a Misfortune: The Spatial Distribution of the Resource Curse in Brazil
Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality
The Linear Algebra of Economic Geography Models
The death and life of great British cities
Does high-speed rail affect the agglomeration of banks in China?
Beyond distance: The spatial relationships of European regional economic growth
The geography of payment activity on PayPal
The Topography of Nations
On the revealed comparative advantages of Dutch cities
Carbon taxes and the geography of fossil lending
Heterogeneous Firms under Regional Temperature Shocks: Exit and Reallocation, with Evidence from Indonesia
Skilled Immigrants, Firms, and the Global Geography of Innovation
The effects of leaving the EU on the geography of UK trade
Income Growth and the Distributional Effects of Urban Spatial Sorting
Banks in Space
Local Ties in Spatial Equilibrium
Spatial outward FDI: Evidence from China's multinational firms
Cities, Heterogeneous Firms, and Trade
Industry Clusters and the Geography of Portfolio Choice
Game in another town: Geography of stock watchlists and firm valuation
Geographic Shareholder Dispersion and Mutual Fund Flow Risk
The Microgeography of Housing Supply
Income inequality and household debt: A U.S. state-level spatial analysis
Identifying Agglomeration Shadows: Long-run Evidence from Ancient Ports
East Prussia 2.0: Persistent regions, rising nations
Markups and Entry in a Circular Hotelling Model
Globalization
Kleinknecht, A. & J. Wengel (1997)
Department for International Development (2000)
Various authors (2000)
Obstfeld, M. (2000)
Lindert, P.H. & J.G. Williamson (2001)
Bendell, J. (2001)
Rousseau, P.L. & R. Sylla (2001)
Yusuf, S. (2001)
Greenspan, A. (US Fed) (2001)
Various (2001)
White, H. (2001)
Schmukler, S. & E. Vesperoni (2002/05)
Solimano, A. (2002)
Edmonds, E. & N. Pavcnik (2002)
Wei, S.J. & Y. Wu (2002)
Obstfeld, M. & A.M. Taylor (2002)
Gardiner, R. (2002)
Bordo, M.D. & A.P. Murshid (2002/06)
Helg, R. (2002)
Norton, A. (2002)
Coe, D.T., A. Subramanian, N.T. Tamirisa & R. Bhavnani (2002)
Munck, R.P & B.K. Gills (2002)
Heathcote, J. & F. Perri (2002)
Taylor, A.M. (2002)
Cooper, R. & H. Kempf (2002)
Scheve, K. & M. Slaughter (2002)
Nunnenkamp, P. (2002)
Rama, M. (2003)
de la Torre, A., E.L. Yeyati & S. Schmukler (2003)
Arestis, P. & S. Basu (2003)
Kose, A., E.S. Prasad & M.E. Terrones Silva (2003)
Elliott, R.J.R. & K. Ikemoto (2003)
Lane, P. & G.M. Milesi-Ferretti (2003)
Morisset, J., A. Izquierdo & M. Olarreaga (2003)
Gourinchas, P.O. & O. Jeanne (2003)
Ravallion, M. (2003)
Newell, P. (2003)
Paehlke, R.C. (2003)
Fischer, S. (2003)
Agenor, P.R. (2001)
Lane, P.R. & G.M. Milesi-Ferretti (2003)
Neumayer, E. & I. de Soysa (2003)
Arestis, P. & S. Basu (2004)
Majid, N. (2004)
Hallak, J.C. & J. Levinsohn (2004)
Baldwin, R.E. (2004)
Bradford, S.C. & R.Z. Lawrence (2004)
ILO (2004)
Clemens, M.A. & J.G. Williamson (2004)
Bergsten, C.F. (2004)
Noland, M. & H. Pack (2004)
Beaudry, P. & F. Collard (2004/06)
Stiglitz, J. (2004)
de Soysa, I. & E. Neumayer (2004)
Graham, C. (2004)
Deardorff, A.V. & R.M. Stern (2004)
Islam, R. (2004)
Prasad, E.S., K.S. Rogoff, S-J. Wei & M.A. Kose (2004)
Razin, A. (2004)
Adriani, F. & L. Becchetti (2004)
Levinsohn, J. (2004)
Hoekman, B. & B.M. Javorcik (2004)
Aisbett, E. (2005)
Bond, E.W., R.W. Jones & P. Wang (2005)
Moore, M.P. & P. Ranjan (2005)
Whalley, J. (2005)
Riezman, R., J. Whalley & S. Zhang (2005)
Dervis, K. (2005)
CONFERENCE VOLUME
Bordo, M.D., A.M. Taylor & J.G. Williamson (editors) (2005)
Aizenman, J. & Y. Jinjarak (2006)
Lam, S.S. &l W. Ang (2006)
Das, D.K. (2006)
Bransetter, L. & N. Lardy (2006)
Kose, M.A., E. Prasad, S-J. Wei & K. Rogoff (2006)
Lince de Faria, A., P. Mauro, M. Minnoni & A. Zaklan (2006)
Williamson, J.G. (2006)
Williamson, J.G. (2006)
Taylor, A.M. & J.L.F. Wilson (2006)
Meissner, C.M. & A.M. Taylor (2006)
Mukand, S.W. (2006)
Jacks, D.S., C.M. Meissner & D. Novy (2006)
Quinn, D.P. & A.M. Toyoda (2007)
Mayda, A.M., K.H. O'Rourke & R. Sinnott (2007)
REVIEW PAPER
Goldberg, P.K. & N. Pavcnik (2007)
Moshirian, F. (2007)
Levine, R. & S.L. Schmukler (2007)
Brakman, S. & C. van Marrewijk (2007)
Bhagwati, J. (2007)
Woodford, M. (2007)
Kannan, K.P. (2007)
Devereux, M.B. (2007)
Mendoza, E.G., V. Quadrini & J-V. Ríos-Rull (2007)
Baldwin, R.E. (2007)
Feenstra, R.C. (2007)
Rodrik, D. (2007)
Bordo, M.D. & C.M. Meissner (2007)
Evans, M.D.D. & V.V. Hnatkovska (2007)
Greenaway, D., J. Gullstrand & R. Kneller (2008)
Wolf, N. (2008)
Mishkin, F.S. (2008)
Gorodnichenko, Y., J. Svejnar & K. Terrell (2008/10)
Devereux, M.B. & A. Sutherland (2008)
Olivier, J., M. Thoenig & T. Verdier (2008)
Fehr, H., S. Jokisch & L.J. Kotlikoff (2008)
Hines, Jr., J.R. & L.H. Summers (2009)
Cavelaars, P. (2009)
Mishkin, F.S. (2009)
Edwards, S. (2009)
Burstein, A. & J. Vogel (2010)
Ihrig, J., S.B. Kamin, D. Lindner & J. Marquez (2011)
Larrain, B. (2011)
Amira, K., A. Taamouti & G. Tsafack (2011)
Hu, Y. & K. Mino (2011)
Claeys, P., R. Moreno & J. Suriñach (2011)
Tong, H. & S-J. Wei (2011)
Devereux, M.B., O. Senay & A. Sutherland (2012)
McMillan, M. & D. Rodrik (2012)
Rodrik, D. (2012)
Adler, G., T. Mora & C. Ernesto (2012)
Taylor, A.M. (2012)
Puga, D. & D. Trefler (2012)
Haskel, J. R.Z. Lawrence, E.E. Leamer & M.J. Slaughter (2012)
Docquier, F. & H. Rapoport (2012)
Kumar, M. & D. Quinn (2012)
Potrafke, N. (2013)
Mendoza, E.G. & K.A. Smith (2013)
De Loecker, J. & P.K. Goldberg (2013)
Namini, J.E. (2013)
Mitchener, K.J. & S. Yan (2014)
Feenstra, R.C. & A.M. Taylor (editors) (2014)
Maystre, N., J. Olivier, M. Thoenig & T. Verdier (2014)
López-Villavicencio, A. & S. Saglio (2014)
Norbäck, P-J., L. Persson & R. Douhan (2014)
Doukas, J.A. & L. Wang (2014)
Azzimonti, M., E. de Francisco & V. Quadrini (2014)
Gersbach, H. & A. Schmutzler (2014)
Davidson, C. & N. Sly (2014)
Davidson, C., F. Heyman, S. Matusz, F. Sjöholm & S.C. Zhu (2014)
Tong, H. & S-J. Wei (2014)
Taylor, J.B. (2014)
Chang, C-P., C-C. Lee & M-C. Hsieh (2014)
Van Rijckeghem, C. & B. Weder di Mauro (2014)
Bianchi, F. & A. Civelli (2015)
Berggren, N. & T. Nilsson (2015)
Atkin, D. & D. Donaldson (2015)
Cozzi, G. & G. Impullitti (2015)
Kleymenova, A., A.K. Rose & T. Wieladek (2016)
Glaser, D.J. & A.S. Rahman (2016)
Perez-Sebastian, F. & O. Raveh (2016)
Federico, G. & A. Tena Junguito (2016)
Anderson, K., J. Francois, D. Nelson & G. Wittwer (2017)
Ahmad, S. & A. Civelli (2016)
Fouquin, M. & J. Hugot (2016)
Basu, K. (2017)
Rapoport, H. (2016)
Baley, I., L. Veldkamp & M. Waugh (2016)
Ozkok, Z. (2016)
Jacks, D.S. & D. Novy (2016)
Barrot, J-N., E. Loualiche & J. Sauvagnat (2016)
Guilloux-Nefussi, S. (2016)
Stijepic, D. (2017)
Yilmazkuday, H. (2017)
Borchert, I. & Y.V. Yotov (2017)
Blanchard, E.J. & W.W. Olney (2017)
Georgiadis, G. & M. Jancoková (2017)
Cordella, T. & A. Ospino Rojas (2017)
McCauley, R.N., A.S. Bénétrix, P.M. McGuire & G. von Peter (2017/19)
Perugini, C., M. Vecchi & F. Venturini (2017)
Kim, K. & D. Lee (2017)
Arregui, N., S. Elekdag, R.G. Gelos, R. Lafarguette & D. Seneviratne (2018)
Schymik, J. (2018)
Atkin, D., B. Faber & M. Gonzalez-Navarro (2018)
Mastromarco, C. & L. Simar (2018)
Wei, S-J. (2018)
Young, A.T. & M.Y. Tackett (2018)
Kato, H. & T. Okubo (2018)
Carare, A. & B. Candelon (2018)
Bordo, M.D. (2018)
Furceri, D., P. Loungani & J.D. Ostry (2018)
Razin, A. & E. Sadka (2018)
Duernecker, G. & F. Vega-Redondo (2018)
Stiglitz, J.E. (2018)
Arezki, R., C. Bogmans & H. Selod (2018)
Stapel-Weber, S., P. Konijn, J. Verrinder & H. Nijmeijer (2018)
Behrens, K., W.M. Brown & T. Bougna (2018)
Pastor, L. & P. Veronesi (2018)
Li, Z. & L. Liu (2018)
Razin, A. & E. Sadka (2018)
Chambers, D., S. Sarkissian & M.J. Schill (2018)
Aksoy, C.G., S. Guriev & D.S. Treisman (2018)
Rode, M. & A. Sáenz de Viteri (2018)
Grant, E. & J. Yung (2018)
Keller, W. & H. Utar (2018)
O'Rourke, K.H. (2018)
Adler, K., J. Ahn & M.C. Dao (2019)
Egger, P.H., S. Nigai & N.M. Strecker (2019)
Aparicio, G. & V. Pinilla (2019)
Ito, H. & P. Tran (2019)
Natal, J-M. & N. Stoffels (2019)
Colantone, I., R. Crinò & L. Ogliari (2019)
Ding, H., X. Lu & Y. Zheng (2019)
Pinilla, V. & A. Rayes (2019)
Razin, A., E. Sadka & A.H. Schwemmer (2019)
Bajo-Buenestado, R. & M.A. Borrella-Mas (2019)
Brülhart, M. & M. Jametti (2019)
Egger, H. & C. Fischer (2019/20)
Alexander, P.D. & I. Keay (2019)
Bergh, A., I. Mirkina & T. Nilsson (2019)
Gözgör, G., M.H. Bilgin & K.F. Zimmermann (2019)
Lecler, R. (2019)
Zheng, M., G-F. Feng, S. Feng & X. Yuan (2019)
Waddle, A. (2019)
Sforza, A. & M. Steininger (2020)
Fisera, B. & R. Horvath (2020/22)
Razin, A., E. Sadka & A.H. Schwemmer (2020)
Farrokhi, F. & H.S. Pellegrina (2020)
Davidson, C., F. Heyman, S. Matusz, F. Sjöholm & S.C. Zhu (2020)
Rotunno, L. & A. Wood (2020)
Antràs, P., S.J. Redding & E. Rossi-Hansberg (2020)
Jaworski, T., C. Kitchens & S. Nigai (2020/23)
Razin, A. (2020)
Hammudeh, S., K. Sohag, S. Husain, H. Husain & J. Said (2020)
Sarracino, F., C.F.A. Riillo (2020)
Antràs, P. (2020)
Obstfeld, M. (2021)
Devictor, X., Q-T. Do & A.A. Levchenko (2020)
Dix-Carneiro, R., J.P. Pessoa, R.M. Reyes-Heroles & S. Traiberman (2020)
Leblebicioglu, A. & A. Weinberger (2021)
Bound, J., B. Braga, G. Khanna & S. Turner (2021)
Gravina, A.F. & M. Lanzafame (2021)
Petreski, M. (2021)
Kitenge, E. (2021)
Cotterlaz, P. & E. Fize (2021)
Keller, W. & W.W. Olney (2021)
Garg, S. & Sushil (2021)
Copeland, B.R., J.S. Shapiro & M.S. Taylor (2021)
Aslan, H. & P. Kumar (2021)
Bordo, M.D. & C.R. Schenk (2021)
Hölzl, W. (2021)
Karakas, L.D., N.S. Kim & D. Mitra (2021)
Kataryniuk, I., J. Pérez &am; F. Viani (2021)
Molana, H., C. Montagna & G.E. Onwordi (2021)
Atkin, D., A. Costinot & M. Fukui (2021)
Hung, L.D. (2021)
Colantone, I., G. Ottaviano & P. Stanig (2021)
Siklos, P.L. (2022)
Ulybina, O. (2022)
Bachas, P., M.H. Fisher-Post, A. Jensen & G. Zucman (2022)
Balk, B.M., A.N. Rambaldi & D.S.P. Rao (2022)
Aoyagi, T., T. Ito & T. Matsuura (2022)
Kohlscheen, E. & R. Moessner (2022)
Dix-Carneiro, R. & S. Traiberman (2022)
Camacho, C. & A. Pérez-Barahona (2022)
Lewandowski, P., A. Park, W. Hardy, Y. Du & S. Wu (2022)
Bräuer, R., W-F. Hungerland & F. Kersting (2022)
Hukkinen, J. & M. Viren (2022)
SURVEY PAPER
Anderson, K. (2022)
Kohlscheen, E. & R. Moessner (2022)
Adler, K. & S. Fuchs (2022)
Razin, A. (2022)
Molina, T. & M. Tanaka (2023)
Mendoza, E.G. & V. Quadrini (2023)
Schneider, C.J. & R. Thomson (2023)
Krugman, P. (2023)
Goldberg, P.K. & T. Reed (2023)
Bonadio, B., Z. Huo, A.A. Levchenko & N. Pandalai-Nayar (2023)
Ferey, A., A. Haufler & C. Perroni (2023)
Eichengreen, B. (2023)
Fabre, A., T. Douenne & L. Mattauch (2023)
Berggren, N. & C. Bjørnskov (2023)
Jarrett, U. & H. Mohtadi (2023)
Kaaresvirta, J., E. Kerola & R. Nuutilainen (2023)
Capelle, D. & B. Pellegrino (2023)
Rajaguru, G., S. Srivastava, R. Sen & P. Mukhopadhaya (2023)
Campos, R., S. Pienknagura & J. Timini (2023)
Bräuer, R. & F. Kersting (2024)
Fonseca, L., K. Nikalexi & E. Papaioannou (2024)
Chintha, B.R., R. Jagannathan & S.S. Sridhar (2024)
Stulz, R.M., C. Doidge & G.A. Karolyi (2024)
Eichengreen, B. (2024)
Afonso, O. & P.M. Gil (2024)
Bossone, B. (2024)
Eichenauer, V. & F. Wang (2024)
Guzman, M.M. & J.E. Stiglitz (2024)
Bisbee, J. & B.P. Rosendorff (2024)
Economic Geography
Krugman, P.R. (1991)
Fujita, M., P. Krugman & A. Venables (1999)
Quah, D. (1999)
Henderson, V., Z. Shalizi & A.J. Venables (2000)
Quah, D. (2000)
Lim, J.J. (2001)
Leamer, E.E. & M. Storper (2001)
Quah, D. (2001)
Leamer, E.E. & M. Storper (2001)
Acemoglu, D., S. Johnson & J.A. Robinson (2001)
Lall, S., Z. Shalizi & U. Deichmann (2001)
Davis, D.R. & D.E. Weinstein (2001)
Au, C.C. & V. Henderson (2002)
Blonigen, B.A. & V. Kolpin (2002)
Frias, I., A. Iglesias & I. Neira (2002)
Baldwin, R.E. & P. Krugman (2002)
Redding, S. &l P.K. Schott (2003)
Redding, S. & A.J. Venables (2003)
Beck, N. & K. Gleditsch (2003)
Glaeser, E.L. & J.E. Kohlhase (2003)
Tomiura, E. (2003)
Duranton, G. & D. Puga (2003)
Bernard, A.B., S. Redding, P.K. Schott & H. Simpson (2003)
Forslid, R. & I. Wooton (2003)
Keller, W. & C.H. Shiue (2003)
Redding S. & A.J. Venables (2004)
Harrigan, J. & A.J. Venables (2004)
Pritchett, L. (2004)
Carrere, C. & M. Schiff (2004)
Forslid, R. (2004)
Klemm, K., V.M. Eguíluz, R. Toral & M.S. Miguel (2005)
Koo, J. & S.V. Lall (2004)
Charlot, S., C. Gaigne, F.L. Robert-Nicoud & J-F. Thisse (2004/05)
Amiti, M. (2005)
Wu, W. (2005)
Murata, Y. & J-F. Thisse (2005)
Hanson, G.H. (2005)
Combes, P-P., G. Duranton & H.G. Overman (2005)
Baldwin, R. & T. Okubo (2005)
Amiti, M. & C.A. Pissarides (2005)
Rose, A.K. (2005)
Brakman, S., H. Garrettsen & M. Schramm (2005)
Rose, A.K. (2006)
Brueckner, J.K. & A. Glazer (2006)
Fujita, M. & J-F. Thisse (2006)
Pires, A.J.G. (2006)
Brakman, S., H. Garretsen & C. van Marrewijk (2006)
Devereux, M.P., R. Griffith & H. Simpson (2007)
Laussel, D. & T. Paul (2007)
Bosker, M., S. Brakman, H. Garretsen & M. Schramm (2007)
Bosker, M. & H. Garretsen (2007)
Berliant, M. & H. Watanabe (2007)
Combes, P-P., G. Duranton, L. Gobillon & S. Roux (2008)
Overman, H.G., P. Rice & A.J. Venables (2008)
Greenaway, D. & R. Kneller (2008)
Brulhart, M. & F. Sbergami (2008)
Brülhart, M. & F. Sbergami (2008)
Overman, H.G. & D. Puga (2009)
Redding, S.J. (2009)
Crucini, M.J. & H. Yilmazkuday (2009)
Long, N.V. & K-Y. Wong (2009)
Baldwin, R. & T. Okubo (2009)
Desmet, K. & E. Rossi-Hansberg (2009/14)
Glaeser, E.L., W.R. Kerr & G.A.M. Ponzetto (2009)
Rozenfeld, H.D., D. Rybski, X. Gabaix & H.A. Makse (2009)
Konrad, K.A. & D. Kovenock (2009)
Alfaro, L. & M. Chen (2009)
Davis, M.A., J.D.M. Fisher & T.M. Whited (2010/14)
Polese, M. (2010)
Greenstone, M., R. Hornbeck & E. Moretti (2010)
Ellison, G., E.L. Glaeser & W.R. Kerr (2010)
Behrens, K., G. Duranton & F. Robert-Nicoud (2010/14)
Friesen, P. & S. Kosempel (2010)
Anderson, J.E. & Y.V. Yotov (2010)
Fratianni, M. & F. Marchionne (2010)
Berliant, M. & T. Tabuchi (2011)
vom Berge, P. (2011)
Tse, C-Y. (2011)
Handbury, J. & D.E. Weinstein (2011)
Luthi, E. & K. Schmidheiny (2011)
Breinlich, H. & A. Cuñat (2011)
Otsuka, K. & T. Sonobe (2011)
Behrens, K., G. Mion, Y. Murata & J. Südekum (2011)
Hafner, K.A. (2011)
A'Hearn, B. & A.J. Venables (2011)
Behrens, K. & P.M. Picard (2011)
Brülhart, M., M. Jametti & K. Schmidheiny (2012)
Handley, K. (2012)
Berliant, M. & Y. Zenou (2012)
Ikeda, K., T. Akamatsu & T. Kono (2012)
Arcalean, C., G. Glomm & I. Schiopu (2012)
Davis, D.R. & J.I. Dingel (2012/19)
Ottaviano, G. (2012)
Brock, W.A., A. Xepapadeas & A.N. Yannacopoulos (2012)
Crescenzi, R., A. Rodríguez-Pose & M. Storper (2012)
Fujishima, S. (2013)
Baldwin, R. & A.J. Venables (2013)
Kline, P.M. & E. Moretti (2013)
Perez-Sebastian, F. & O. Raveh (2013)
Camacho, C. (2013)
Cosar, A.K. & P.D. Fajgelbaum (2013/16)
Behrens, K., S. Kichko & E. Zhelobodko (2013)
Ikeda, K., K. Murota, T. Akamatsu, T. Kono & Y. Takayama (2014)
Davis, C. & K-i. Hashimoto (2014)
Glaeser, E.L., S.P. Kerr & W.R. Kerr (2014)
Brock, W.A., A. Xepapadeas & A.N. Yannacopoulos (2014)
Brock, W., A. Xepapadeas & A. Yannacopoulos (2014)
Holmes, T.J. & J.J. Stevens (2014)
Tabuchi, T., J-F. Thisse & X. Zhu (2014)
Redding, S.J. & M.A. Turner (2014)
Hendersonm, J.V. (2014)
Morita, T. & K. Yamamoto (2014)
Cosar, A.K., P.L.E. Grieco & F. Tintelnot (2014)
Kerr, W.R. & S.D. Kominers (2014)
Hornbeck, R. & D. Keniston (2014/17)
Helsley, R.W. & W.C. Strange (2014)
Davis, D.R. & J.I. Dingel (2014)
Luckstead, J. & S. Devadoss (2014)
Basile, R., M. Durbán, R. Mínguez, J.M. Montero & J. Mur (2014)
Commendatore, P., I. Kubin, C. Petraglia & I. Sushko (2014)
Trew, A. (2014)
Alfaro, L. & M.X. Chen (2014)
Desmet, K. & J.V. Henderson (2014)
Bernard, A.B., A. Moxnes & Y.U. Saito (2015/19)
Desmet, K., D.K. Nagy & E. Rossi-Hansberg (2015/18)
Grafeneder-Weissteiner, T., I. Kubin, K. Prettner, A. Prskawetz & S. Wrzaczek (2015)
Goto, H. & K. Minamimura (2015)
Ahlfeldt, G.M., S.J. Redding, D.M. Sturm & N. Wolf (2018)
Feyrer, J., E.T. Mansur & B. Sacerdote (2015/17)
Ager, P., C.W. Hansen & L. Lønstrup (2015)
Seiffert, S. (2015)
Trew, A. (2016/20)
Henderson, J.V., A. Storeygard, T.L. Squires & D.N. Weil (2016)
Mao, R. (2016)
Coughlin, C.C. & D. Novy (2016/21)
Faggio, G., O. Silva & W.C. Strange (2016)
SURVEY PAPER
de Groot, H.L.F., J. Poot & M.J. Smit (2016)
Shertzer, A., T. Twinam & R.P. Walsh (2016)
Redding, S.J. & E. Rossi-Hansberg (2016)
Campante, F. & D. Yanagizawa-Drott (2016)
Michaels, G. & F. Rauch (2016)
Albouy, D., K. Behrens, F. Robert-Nicoud & N. Seegert (2016)
Brooks, W.J., J.P. Kaboski & Y.A. Li (2016)
de Gortari, A. & P. Antras (2017/20)
Venables, A.J. (2017)
Faggio, G., O. Silva & W.C. Strange (2017)
Molinuevo, M. (2017)
Johnson, N.D. & M. Koyama (2017)
Boucekkine, R., G. Fabri, S. Federico & F. Gozzi (2017)
Rafael, G-V. (2017)
Gollin, D., M. Kirchberger & D. Lagakos (2017)
Frick, S.A. & A. Rodríguez-Pose (2017)
Michalopoulos, S. & E. Papaioannou (2017/18)
Henderson, J.V., T. Squires, A. Storeygard & D. Weil (2018)
Allcott, H. & D. Keniston (2018)
Burzynski, M., C. Deuster & F. Docquier (2018)
Athukorala, P-C. & S. Narayanan (2018)
Rosés, J.R. & N. Wolf (2018)
Boucekkine, R., G. Fabbri, S. Federico & F. Gozzi (2018)
Gaubert, C. (2018)
Alkon, M. (2018)
Anderson, S.T., R. Kellogg & S.W. Salant (2018)
Fajgelbaum, P. & C. Gaubert (2018/20)
Cainelli, G., R. Ganau & A. Giunta (2018)
Chiovelli, G., S. Michalopoulos & E. Papaioannou (2018)
Marinescu, I. & R. Rathelot (2018)
Ikeda, K., M. Onda & Y. Takayama (2018)
Fujita, M. (2018)
Commendatore, P., I. Kubin & P. Mossay (2018)
Wang, T. & R. Wang (2018)
González-Val, R. & F. Pueyo (2018/19)
Dingel, D.I., A. Miscio & D.R. Davis (2019)
Achten, S. & C. Leßmann (2019/20)
Chodorow-Reich, G. (2019)
Fan, J. (2019)
Lu, Y., J. Wang & L. Zhu (2019)
Han, L. (2019)
Moretti, E. (2019)
Rossi-Hansberg, E., P-D. Sarte & F. Schwartzman (2019)
Davis, C. & K. Hashimoto (2019/21)
Martinez Ibañez, O., M. Manjón Antolín, M., M. Gualdrón & K. Alejandra (2019)
Burzynski, M., C. Deuster & F. Docquier (2019)
Chodorow-Reich, G. (2019)
Duranton, G. & D. Puga (2019)
Morales, N. (2019)
Hodler, R., M. Valsecchi & A. Vesperoni (2019)
Fabbri, G., S. Faggian & G. Freni (2020)
Albouy, D. & B.A. Stuart (2020)
Desmet, K., J.F. Gomes & I. Ortuño-Ortín (2020)
Mo, C., C. He & L. Yang (2020)
Brancaccio, G., M. Kalouptsidi & T. Papageorgiou (2020)
Chong, S.K., M. Bahrami, H. Chen, S. Balcisoy, B. Bozkaya & A. Pentland (2020)
Bird, J., M. Lebrand & A.J. Venables (2020)
Bakker, J., S. Maurer, J-S. Pischke & F. Rauch (2020)
Freiwald, N.E., S. Juranek & U. Walz (2020)
Boucekkine, R., G. Fabbri, S. Federico & F. Gozzi (2020)
Henderson, J.V. & M.A. Turner (2020)
Duranton, G. & D. Puga (2020)
Monte, F. (2020)
Rosenthal, S.S. & W.C. Strange (2020)
Nagy, D.K. (2020/23)
Dingel, J.I & F. Tintelnot (2020)
Oberfield, E., E. Rossi-Hansberg, P-D. Sarte & N. Trachter (2020/24)
Neumark, D. & T. Young (2020)
Hirte, G., C. Lessmann & A. Seidel (2020)
Harari, M. (2020)
Bahar, D. (2020)
Kerr, W.R. & F. Robert-Nicoud (2020)
Moreno-Cruz, J. & M.S. Taylor (2020)
Jensen, J.L. & M.L. Chacón (2020)
Jannati, S. (2020)
Chen, M.X. & C. Lin (2020)
Kitamura, S. & N-P. Lagerlöf (2020)
Heblich, S., S.J. Redding & D.M. Sturm (2020)
Albalate, D., G. Bel & F.A. Mazaira-Font (2020)
Crescenzi, R., S. Iammarino, C. Ioramashvili, A. Rodríguez-Pose & M. Storper (2020)
Branikas, I., H. Hong & J. Xu (2020)
Redding, S.J. (2020)
Parsons, C.A., R. Sabbatucci & S. Titman (2020)
Chu, Y., S. Deng & C. Xia (2020)
Lora, E. (2020)
Fukuda, Y. (2020)
Henderson, J.V., A. Storeygard & D.N. Weil (2020)
Allen, T. & D. Donaldson (2020)
Bluhm, R. & M. Krause (2020)
Ramachandran, R., S. Sasidharan & N. Doytch (2020)
Marin, A.G., A.V. Potlogea, N. Voigtländer & Y. Yang (2020)
Gervais, A., J.R. Markusen & A.J. Venables (2021)
Fontagné, L. & G. Santoni (2021)
Alvarez, J.L.C. & E. Rossi-Hansberg (2021/24)
Cuberes, D., K. Desmet & J. Rappaport (2021)
Dai, R., D. Mookherjee, Y. Quan & X. Zhang (2021)
Testa, P.A. (2021)
Miyauchi, Y., K. Nakajima & S.J. Redding (2021)
Coen-Pirani, D. (2021)
Kim, S.Y. (2021)
Farrokhi, F. (2021)
Schoefer, B. & O. Ziv (2021)
Fujiwara, K. (2021)
Keneck-Massil, J. & Y. Nvuh-Njoya (2021)
Djankov, S., E.L. Glaeser, V. Perotti & A. Shleifer (2021)
Rodriguez-Lopez, A. (2021)
Henderson, J.V., T. Regan & A.J. Venables (2021)
Ganapati, S., W.F. Wong & O. Ziv (2021)
Hodler, R., M. Valsecchi & A. Vesperoni (2021)
Thisse, J-F., M. Turner & P. Ushchev (2021)
Kleinman, B., E. Liu & S.J. Redding (2021)
Henkel, M., T. Seidel & J. Suedekum (2021)
Kuhn, M., I. Manovskii & X. Qiu (2021)
Bilal, A. (2021/23)
Glaeser, E.L. (2021)
Aldasoro, I., B. Hardy & M. Jager (2021)
Abad, J., M. D'Errico, N. Killeen, V. Luz, T. Peltonen, R. Portes & T. Urbano (2021)
Khachiyan, A., A. Thomas, H. Zhou, G.H. Hanson, A. Cloninger, T. Rosing & A. Khandelwal (2021)
Kucheryavyy, K., G. Lyn & A. Rodríguez-Clare (2021)
Burgi, C. & N. Gorgulu (2021)
Kato, H. & H. Okoshi (2022)
Dumas, B., T. Gabuniya & R.C. Marston (2022)
Leonardi, M. & E. Moretti (2022)
Jeong, I. & H. Yang (2021)
Hollingsworth, A., T. Jaworski, C. Kitchens & I.J. Rudik (2022)
Pellegrina, H.S. (2022)
Esposito, F. (2022)
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