Stories of the Twentieth Century for the Twenty-First

879 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Financial Globalisation and the Crisis (2012, neutral): ““long dollar” positions, largely consisting of high levels of dollar-denominated official reserves (see also Milesi-Ferretti 2009 and Gourinchas et al. 2012).”
Trilemmas and trade-offs: living with financial globalisation (2015, background): “For example, He and McCauley (2013) and Turner (2014) argue that US quantitative easing policies that reduce term premia spill over into a reduction of term premia abroad.”
Breaking Free of the Triple Coincidence in International Finance (2016, methodology): “Gourinchas and Obstfeld (2012) conduct an empirical study using data from 1973 to 2010 and find that two factors emerge consistently as the most robust and significant predictors of financial crises, namely a rapid increase in leverage and a sharp real appreciation of the currency.”