“...Global banks played a significant role in the transmission of the 2007 to 2009 crisis to emerging market economies. This paper examines the relationships...”

“...European global banks intermediating U.S. dollar funds are important in influencing credit conditions in the United States. U.S. dollar-denominated assets of...”

“...One of the most striking aspects of the recent recession is the collapse in international trade. This paper uses disaggregated data on U.S. imports and exports...”

“...The paper analyzes contagious sovereign debt crises in financially integrated economies. Under financial integration banks optimally diversify their holdings...”

“...This paper provides an introduction to the new economics of prudential capital controls in emerging economies. This literature is based on the notion that...”

“...This paper uses a global input-output framework to quantify U.S. and European Union (EU) demand spillovers and the elasticity of world trade to GDP during the...”

“...This paper reviews the monetary transmission mechanism in low-income countries (LICs). We use the standard description of monetary transmission as a benchmark...”

“...This paper uses monthly data on industrial production to estimate the distribution of international business cycle correlations since the 1980s, with a focus...”

“...This paper investigates the effect of fiscal consolidation on the current account. We examine contemporaneous policy documents, including Budget Speeches,...”

“...This paper measures how securitized assets, including mortgage-backed securities and other asset-backed securities, have shifted across financial institutions...”