Books by Joshua Aizenman
Sectoral Debt and Global Dolla
Sectoral Debt and Global Dollar Cycles in Developing Economies
Capital flows and economic gro
Capital flows and economic growth in the era of financial integration and crisis, 1990-2010
Financial sector ups and downs
Financial sector ups and downs and the real sector
Net fiscal stimulus during the
Net fiscal stimulus during the Great Recession
Asset class diversification an
Asset class diversification and delegation of responsibilities between central banks and sovereign wealth funds
De facto fiscal space and fisc
De facto fiscal space and fiscal stimulus
Determinants of financial stre
Determinants of financial stress and recovery during the great recession
Exchange market pressure and a
Exchange market pressure and absorption by international reserves
Fiscal fragility
Fiscal fragility
Surfing the waves of globaliza
Surfing the waves of globalization
Financial crisis and the parad
Financial crisis and the paradox of under- and over-regulation
On the paradox of prudential r
On the paradox of prudential regulations in the globalized economy
Selective swap arrangements an
Selective swap arrangements and the global financial crisis
Using inflation to erode the U
Using inflation to erode the U.S. public debt
Current account patterns and n
Current account patterns and national real estate markets
Globalization and the sustaina
Globalization and the sustainability of large current account imbalances
Sterilization, monetary policy
Sterilization, monetary policy, and global financial integration
The real exchange rate, mercan
The real exchange rate, mercantilism and the learning by doing externality
Economic growth with constrain
Economic growth with constraints on tax revenues and public debt
Large hoarding of internationa
Large hoarding of international reserves and the emerging global economic architecture
Takeoffs
Takeoffs
Financial versus monetary merc
Financial versus monetary mercantilism
Financial versus monetary merc
Financial versus monetary mercantilism-long-run view of large international reserves hoarding
International reserves managem
International reserves management and the current account
Prizes for basic research
Prizes for basic research
Real exchange rate and interna
Real exchange rate and international reserves in the era of growing financial and trade integration
Signaling credibility
Signaling credibility
Ex ante carrots instead of ex
Ex ante carrots instead of ex post sticks
FDI and trade -- two way linka
FDI and trade -- two way linkages?
Financial liberalization in La
Financial liberalization in Latin-America in the 1990s
Financial liberalizations in L
Financial liberalizations in Latin-America in the 1990s
Globalization and taste conver
Globalization and taste convergence
International Reserves
International Reserves
Pegged exchange rate regimes--
Pegged exchange rate regimes--a trap?
The collection efficiency of t
The collection efficiency of the value added tax
International reserves managem
International reserves management and capital mobility in a volatile world
Managing volatility and crises
Managing volatility and crises
On the two way feedback betwee
On the two way feedback between financial and trade openness
Sources for financing domestic
Sources for financing domestic capital
Endogenous financial openness
Endogenous financial openness
Military expenditure, threats,
Military expenditure, threats, and growth
On the hidden links between fi
On the hidden links between financial and trade opening
Institutional efficiency, moni
Institutional efficiency, monitoring costs, and the investment share of FDI
International reserve holdings
International reserve holdings with sovereign risk and costly tax collection
Sargent-Wallace meets Krugman-
Sargent-Wallace meets Krugman-Flood-Garber, or, why sovereign debt swaps don't avert macroeconomic crises
The high demand for internatio
The high demand for international reserves in the far east
Volatility, employment and the
Volatility, employment and the patterns of FDI in emerging markets
Managing Economic Volatility and Crises
The merits of horizontal versu
The merits of horizontal versus vertical FDI in the presence of uncertainty
Endogenous pricing to market a
Endogenous pricing to market and financing costs
Exchange rate regimes and fina
Exchange rate regimes and financial-market imperfections
Capital controls and financial
Capital controls and financial crises
Reserve requirements on sovere
Reserve requirements on sovereign debt in the presence of moral hazard--on debtors or creditors?
Reserve uncertainty and the su
Reserve uncertainty and the supply of international credit
Uncertainty and the disappeara
Uncertainty and the disappearance of international credit
Capital mobility in a second b
Capital mobility in a second best world
Privatization in emerging mark
Privatization in emerging markets
Controlled openness and foreig
Controlled openness and foreign direct investment
International portfolio divers
International portfolio diversification with generalized expected utility preferences
Volatility and financial inter
Volatility and financial intermediation
New activities, the welfare co
New activities, the welfare cost of uncertainty and investment policies
Optimal tax and debt policy wi
Optimal tax and debt policy with endogenously imperfect creditworthiness
Volatility and the investment
Volatility and the investment response
Capital markets integration, v
Capital markets integration, volatility and persistence
Investment in new activities a
Investment in new activities and the welfare cost of uncertainty
Optimal buffer stocks and prec
Optimal buffer stocks and precautionary savings with disappointment aversion
The impact of inflation on bud
The impact of inflation on budgetary discipline
Trade Liberalization and Unemp
Trade Liberalization and Unemployment
Volatility, investment and dis
Volatility, investment and disappointment aversion
Foreign direct investment, emp
Foreign direct investment, employment volatility, and cyclical dumping
On the need for fiscal discipl
On the need for fiscal discipline in a union
Technological Change, Relative
Technological Change, Relative Wages, and Unemployment
Why is inflation skewed?
Why is inflation skewed?
Political Feasibility and Inve
Political Feasibility and Investment in Economic Transformations
Resource Allocation During the
Resource Allocation During the Transition to a Market Economy
Exchange Rate Flexibility, Vol
Exchange Rate Flexibility, Volatility and the Patterns of Domestic and Foreign Direct Investment
Foreign direct investment as a
Foreign direct investment as a commitment mechanism in the presence of managed trade
Theory of Optimum Currency Are
Theory of Optimum Currency Areas
Externalities, incentives, and
Externalities, incentives, and failure to achieve national objectives in decentralized economies
Foreign direct investment, pro
Foreign direct investment, productive capacity and exchange rate regimes
Policy uncertainty, persistenc
Policy uncertainty, persistence and growth
Trade reforms, credibility, an
Trade reforms, credibility, and development
Capital controls, collection c
Capital controls, collection costs, and domestic public debt
Externalities, incentives, and
Externalities, incentives, and economic reforms
Soft budget constraints, taxes
Soft budget constraints, taxes, and the incentive to cooperate
Inward versus outward growth o
Inward versus outward growth orientation in the presence of country risk
Strategic investment in a debt
Strategic investment in a debt bargaining framework
The competitive externalities
The competitive externalities and the optimal seigniorage
World integration, competitive
World integration, competitive and bargaining regimes switch
External debt, planning horizo
External debt, planning horizon and distorted credit markets
Labor markets and the choice o
Labor markets and the choice of technology in an open developing economy