Books by Guillermo A. Calvo
Macroeconomics in Times of Liq
Macroeconomics in Times of Liquidity Crises
Money, crises, and transition
Interest rate rules, inflation
Interest rate rules, inflation stabilization, and imperfect credibility
Phoenix miracles in emerging m
Phoenix miracles in emerging markets
Crises in emerging market econ
Crises in emerging market economies
Relative price volatility unde
Relative price volatility under sudden stops
Sudden stop, financial factors
Sudden stop, financial factors, and economic collpase in Latin America
Money, Capital Mobility, and Trade
On the empirics of sudden stop
On the empirics of sudden stops
Explaining sudden stops, growt
Explaining sudden stops, growth collapse and BOP crises
Inflation inertia and credible
Inflation inertia and credible disinflation
Sudden stops, the real exchang
Sudden stops, the real exchange rate, and fiscal sustainability
The mirage of exchange rate re
The mirage of exchange rate regimes for emerging market countries
Growth and external financing
Growth and external financing in Latin America
The growth-interest rate cycle
The growth-interest rate cycle in the United States and its consequences for emerging markets
Fear of floating
Fear of floating
Fixing for your life
Fixing for your life
Inflation stabilization and BO
Inflation stabilization and BOP crises in developing countries
Rational contagion and the glo
Rational contagion and the globalization of securities markets
The debt burden and its consequences for monetary policy
Currency boards and external shocks
Uncertain duration of reform
Uncertain duration of reform
Podrá sobrevivir la convertibi
Podrá sobrevivir la convertibilidad?
Private capital flows to emerging markets after the Mexican crisis
Política monetaria y cambiari
Política monetaria y cambiaria en economías en transición
The capital inflows problem
The capital inflows problem
Capital inflows and real excha
Capital inflows and real exchange rate appreciation in Latin America
Inflation stabilization and no
Inflation stabilization and nominal anchors
Debt, stabilization, and devel
Debt, stabilization, and development
Currency substitution and the
Currency substitution and the real exchange rate
International factor mobility
International factor mobility and national advantage
Real exchange rate dynamics wi
Real exchange rate dynamics with fixed nominal parities
Reflexiones teóricas sobre el
Reflexiones teóricas sobre el problema de estabilización en Argentina
Staggered contracts and exchan
Staggered contracts and exchange rate policy
Staggered Contracts in a Utili
Staggered Contracts in a Utility-Maximizing Framework
Trying to stabilize
Trying to stabilize
An essay on the managed float
An essay on the managed float --
Stabilization rules and the ma
Stabilization rules and the managed float
Tax-financed government spendi
Tax-financed government spending in a neo-classical model with sticky wages and rational expectations
On the indeterminacy of intere
On the indeterminacy of interest rates and wages with perfect foresight
Optimal population and capital
Optimal population and capital over time
The surprising incidence of a
The surprising incidence of a tax on pure rent
On the time consistency of opt
On the time consistency of optimal policy in a monetary economy
Optimal seigniorage from money
Optimal seigniorage from money creation
The stability of models of mon
The stability of models of money and perfect foresight
Efficient capacity utilization
Efficient capacity utilization with differential shift welfare costs
Maximin accumulation of risky
Maximin accumulation of risky capital
On models of money and perfect
On models of money and perfect foresight
Optimal maximin accumulation w
Optimal maximin accumulation with uncertain future technology
Some notes on time-inconsisten
Some notes on time-inconsistency and Rawls' maximum criterion
Optimal "maximin" population a
Optimal "maximin" population and capital over time
Optimal growth in a putty-clay
Optimal growth in a putty-clay model
A general equilibrium theory o
A general equilibrium theory of urban unemployment and wage determination