Fixing for Your Life

By Guillermo A. Calvo, Carmen M. Reinhart. 2000

362 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/96e8a387380bb4231d59c50b5d603ff352c81117

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Citations in the corpus

Default, Currency Crises, and Sovereign Credit Ratings (2002, neutral): “Calvo and Reinhart (2000) have suggested that one reason emerging market economies may fear devaluations (or large depreciations) is that the devaluations are associated with a loss of access to international credit, which in turn is associated with severe recessions.7 To examine this issue, the…”
After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High Frequency Exchange Rate Pegging (2001, positive): “This high-frequency “fear of floating” (Calvo and Reinhart 2000a and 2000b), is shown to be a rational response to capital-market conditions in emerging market economies.”
Banking crises and exchange rate regimes - Is there a link? (2003, background): “Moreover, Calvo and Reinhart (2000a) show that developing countries refrain from using their exchange rate flexibility in the face of large external shocks.”
Global Transmission of Interest Rates: Monetary Independence and Currency Regime (2000, neutral): “In our case, a priori we would expect interest rates to be I(0) variables, as noted by Cochrane (1991). However, this is inessential for our estimation procedure.”
Beyond Bipolar: A Three-Dimensional Assessment of Monetary Frameworks (2001, background): “…example, have chosen to focus on the observed behavior of economies with respect to foreign exchange reserves and interventions, given the evidence on interventions by floaters (in Calvo and Reinhart (2000a) and elsewhere), that perhaps only the US dollar truly floats freely for extended periods.”
A new look at pass-through (2008, background): “Calvo and Reinhart (2000) run a simple VAR in exchange rates and prices to test the effect of changes in exchange rates on prices. Goldfajn and Werlang (2000) seek to explain the rate of inflation based on”
Liability Dollarization and the Bank Balance Sheet Channel (2002, neutral): “Calvo and Reinhart (2000) show that currency devaluations lead to real contractions in emerging markets but not in developed economies.”
Why Do Countries Float the Way They Float? (2000, neutral): “…we model the behavior of a Central Bank that attempts to minimize a standard Barro-Gordon 1 Other papers which have highlighted differences across countries under similar exchange rate regimes include Levy Yeyati and Sturzenegger (1999), Calvo and Reinhart (2000), and Edwards and Savastano (1999).”
Living with Flexible Exchange Rates: Issues and Recent Experience in Inflation Targeting Emerging Market Economies (2003, neutral): “However, Calvo and Reinhart (2000b) contend that there is more conclusive evidence on the negative impact on trade if one differentiates between the studies on emerging markets and those on industrial economies.”