Bubbles and Capital Flow Volatility: Causes and Risk Management

By Ricardo J. Caballero, Arvind Krishnamurthy. 2006

312 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/8cc5d252ebc068c8b00314c76a2fbdfb797f504b

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Citations in the corpus

Housing and Liquidity (2015, background): “Other work emphasizing the role of asset shortages includes Caballero and Krishnamurthy (2006) and Fostel and Geanakoplos (2008).”
The Great Housing Boom of China (2014, unknown): “(10) P H t H = ( 1− φ t ) ρ t ψ (1− ψ) α 1 1+ β K E t ,”
Asset Bubbles, Endogenous Growth, and Financial Frictions (2010, unknown): “The competitive equilibrium is dened as a set of prices frtg(1)t=0 and quantities ct; b i t; z i t; y i t+1; C H t ; C L t ; B H t ; B L t ; Z H t ; Z L t ; Yt 1 t=0 , such that (i) the market clearing conditions, (5) and (6), are satised, and (ii) each entrepreneur 7See Hart and Moore (1994) and ”
Bubbles and Self-Enforcing Debt (2006, unknown): “18See Ventura (2004) and Caballero and Krishnamurthy (2006) for related work on bubbles in international capital ows.”
Sectoral bubbles, misallocation, and endogenous growth☆ (2014, background): “…also related to the literature on bubbles in production economies with exogenous growth.5 Closely related studies include Caballero et al. (2006), Caballero and Krishnamurthy (2006), Kocherlakota (2009), Farhi and Tirole (2012),Wang and Wen (2012), Martin and Ventura (2011, 2012) and Miao and…”
Bursting Bubbles: Consequences and Cures ∗ (2009, background): “My preferred post-policy intervention is based on an insight of Caballero and Krish- namurthy (2006).”
Financial Crash, Commodity Prices, and Global Imbalances (2008, unknown): “Following Caballero et al. (2008), we assume an extreme form of home bias: at t = t0 all the assets held by the agents in the U region are U assets.”
An Equilibrium Model of Global Imbalances and Low Interest Rates (2008, unknown): “For example, in an earlier version of this paper (Caballero et al. (2006b)), we showed how the growth gap that developed between the US and Continental Europe during the 1990s generates patterns in our model which are consistent with the data.”
Monetary Policy in Emerging Markets (2010, background): “61 Among the possible reasons for aversion to floating, Calvo and Reinhart (2002) emphasized high pass-through and contractionary depreciations.”
Open market operations (2018, unknown): “There are now multiple DM constraints: bargaining implies (2) = +; feasibility implies  ≤  and  ≤ ; and (14)-(15) imply  ≤  with”
The History and Economics of Safe Assets (2016, unknown): “The reader is referred to, e.g., Caballero & Krishnamurthy (2006), Gourinchas & Jeanne (2012), Farhi & Tirole (2012), and Martin & Ventura (2015).”