Thirty Years of Current Account Imbalances, Current Account Reversals, and Sudden Stops

By A. Mody, Robert P. Flood. 2004

218 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7be9ab9d1246398a13f710cbc73044b06d8aa31b

How researchers see this paper

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

Citations in the corpus

Current account patterns and national real estate markets (2008, unknown): “See Debelle and Galati (2007), Edwards (2004), Chinn and Ito (2005), Freund (2005) and Faruqee and Lee (2008) for overviews of current account patterns in recent decades.”
Do Workers' Remittances Reduce the Probability of Current Account Reversals? (2005, methodology): “…theoretical analysis on the economic impact of remittances on the Turning to the literature on current account reversals, the main papers are by Edwards (2004a, 2004b) and Milesi-Ferretti and Razin (1998, 2000; henceforth MFR) who examine the country-specific factors affecting the probability…”
Stories of the Twentieth Century for the Twenty-First (2011, unknown): “Some of the studies also attempt to ascertain the nature of the shocks hitting different economies.52 Are the findings in these papers consistent with the conclusions of our own comparisons of crisis experience across country groups and across time?”
A Cross-Country Empirical Analysis of International Reserves (2009, methodology): “” 11 The currency crisis dummy variable is derived from the conventional exchange rate market pressure (EMP) index pioneered by Eichengreen et al. (1996). The EMP index is defined as a weighted average of monthly changes in the nominal exchange rate, the international reserve loss in percentage, and”
Decomposing the effects of financial liberalization: Crises vs. growth (2006, unknown): “First, we fit the model to the data in order to obtain the predicted growth rate and the predicted probability of crisis for each country and each year.15 Second, for each country we compute the mean predicted growth rate and the mean probability of crisis before and after financial liberalization.”
Financial Openness, Sudden Stops and Current Account Reversals (2004, background): “In particular, a sudden stop occurs when net capital inflows have declined by at least 5% of GDP in one year (see Edwards 2004 for details).”