JEL classification

Journal of Economic Literature Classification (10696) F - International Economics (1393) F4 - Macroeconomic Aspects of International Trade and Finance (224) F41 - Open Economy Macroeconomics (101)
Number of items at this level: 101.
A
  • Aghion, Philippe, Bergeaud, Antonin Jean Jacob, Lequien, Matthieu, Melitz, Marc J. (2019). The heterogeneous impact of market size on innovation: evidence from French firm-level exports. (CEP Discussion Papers CEPDP1657). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Alberola, Enrique, Benigno, Gianluca (2017). Revisiting the commodity curse: a financial perspective. Journal of International Economics, 108(S1), S87-S106. https://doi.org/10.1016/j.jinteco.2017.02.001
  • Ambrosino, Ludovica, Chan, Jenny, Tenreyro, Silvana (2026). Trade fragmentation, inflationary pressures and monetary policy. Journal of International Economics, https://doi.org/10.1016/j.jinteco.2026.104219 picture_as_pdf
  • Aoki, Kosuke, Benigno, Gianluca, Kiyotaki, Nobuhiro (2009). Capital flows and asset prices. (CEP Discussion Papers 921). London School of Economics and Political Science. Centre for Economic Performance.
  • B
  • Bachmann, Rüdiger, Baqaee, David Rezza, Bayer, Christian, Kuhn, Moritz, Löschel, Andreas, Moll, Ben, Peichl, Andreas, Pittel, Karen, Schularick, Moritz (2024). What if? The macroeconomic and distributional effects for Germany of a stop of energy imports from Russia. Economica, 91(364), 1157 - 1200. https://doi.org/10.1111/ecca.12546 picture_as_pdf
  • Bahaj, Saleem, Reis, Ricardo (2020). Jumpstarting an international currency. (CEPR Press Discussion Paper 14793). Centre for Economic Policy Research (Great Britain).
  • Balke, Neele L., Ravn, Morten O. (2016). Time-consistent fiscal policy in a debt crisis. (CFM discussion paper series CFM-DP2016-38). Centre For Macroeconomics.
  • Bas, Maria (2008). Trade, technology adoption and wage inequalities: theory and evidence. (CEP Discussion Paper 902). London School of Economics and Political Science. Centre for Economic Performance.
  • Bauer, Christian, de Grauwe, Paul, Reitz, Stefan (2009). Exchange rate dynamics in a target zone: a heterogeneous expectations approach. Journal of Economic Dynamics and Control, 33(2), 329-344. https://doi.org/10.1016/j.jedc.2008.05.008
  • Beine, Michel, de Grauwe, Paul, Grimaldi, Marianna (2009). The impact of FX central bank intervention in a noise trading framework. Journal of Banking and Finance, 33(7), 1187-1195. https://doi.org/10.1016/j.jbankfin.2008.11.014
  • Bellifemine, Marco, Couturier, Adrien, Jamilov, Rustam (2025). Monetary unions with heterogeneous fiscal space. Journal of International Economics, 156, https://doi.org/10.1016/j.jinteco.2025.104092 picture_as_pdf
  • Benigno, Gianluca (2001). Real exchange rate persistence and monetary policy rules. London School of Economics and Political Science.
  • Benigno, Gianluca, Benigno, Pierpaolo (2004). Designing target rules for international monetary policy cooperation. London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Benigno, Pierpaolo (2008). Exchange rate determination under interest rate rules. Journal of International Money and Finance, 27(6), 971-993. https://doi.org/10.1016/j.jimonfin.2008.04.009
  • Benigno, Gianluca, Benigno, Pierpaolo (2003). Price stability in open economies. Review of Economic Studies, 70(4), 743-764. https://doi.org/10.1111/1467-937X.00265
  • Benigno, Gianluca, Benigno, Pierpaolo, Ghironi, Fabio (2007). Interest rate rules for fixed exchange rate regimes. Journal of Economic Dynamics and Control, 31(7), 2196-2211. https://doi.org/10.1016/j.jedc.2006.05.012
  • Benigno, Gianluca, Chen, Huigang, Otrok, Chris, Rebucci, Alessandro, Young, Eric (2012). Optimal policy for macro-financial stability. (CEP Discussion Papers CEPDP1172). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2012). Capital controls or exchange rate policy? A pecuniary externality perspective. (CEP Discussion Papers CEPDP1160). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2012). Financial crises and macro-prudential policies. Journal of International Economics, 89(2), 453-470. https://doi.org/10.1016/j.jinteco.2012.06.002
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2010). Financial crises and macro-prudential policies. (CEP Discussion Papers CEPDP1032). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2015). Optimal capital controls and real exchange rate policies: A pecuniary externality perspective. (CFM discussion paper series CFM-DP2015-12). Centre For Macroeconomics.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2010). Revisiting overborrowing and its policy implications. (CEP Discussion Papers CEPDP1020). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation andeconomic performance. (CEP Discussion Papers CEPDP1348). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation, and economic performance. Journal of International Money and Finance, 55, 60-87. https://doi.org/10.1016/j.jimonfin.2015.02.015
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation, and economic performance. (CFM discussion paper series CFM-DP2015-11). Centre For Macroeconomics.
  • Benigno, Gianluca, De Paoli, Bianca (2009). On the international dimension of fiscal policy. (CEP Discussion Paper 905). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, De Paoli, Bianca (2010). On the international dimension of fiscal policy. Journal of Money, Credit and Banking, 42(8), 1523 - 1542. https://doi.org/10.1111/j.1538-4616.2010.00352.x
  • Benigno, Gianluca, Fornaro, Luca (2012). Reserve accumulation, growth and financial crises. (CEP Discussion Papers CEPDP1161). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Fornaro, Luca (2013). The financial resource curse. (CEP Discussion Papers CEPDP1217). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Fornaro, Luca (2014). The financial resource curse. Scandinavian Journal of Economics, 116(1), 58-86. https://doi.org/10.1111/sjoe.12047
  • Benigno, Gianluca, Küçük-Tuger, Hande (2011). Portfolio allocation and international risk sharing. (CEP Discussion Papers CEPDP1048). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Benigno, Gianluca, Theonissen, Christoph (2006). Consumption and real exchange rates with incomplete markets and non-traded goods. London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Thoenissen, Christoph (2008). Consumption and real exchange rates with incomplete markets and non-traded goods. Journal of International Money and Finance, 27(6), 926-948. https://doi.org/10.1016/j.jimonfin.2008.04.008
  • Benigno, Gianluca Dimiano Carmelo, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation and economic performance. (CEP Discussion Papers CEPDP1348). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Bergin, Paul R., Corsetti, Giancarlo (2015). Beyond competitive devaluations:The monetary dimensions of comparative advantage. (CFM discussion paper series CFM-DP2015-16). Centre For Macroeconomics.
  • Broadbent, Ben, Di Pace, Federico, Drechsel, Thomas, Harrison, Richard, Tenreyro, Silvana (2024). The Brexit vote, productivity growth and macroeconomic adjustments in the U.K. Review of Economic Studies, 91(4), 2104–2134. https://doi.org/10.1093/restud/rdad086 picture_as_pdf
  • Brunnermeier, Markus, Grafe, Clemens (1999). Contrasting different forms of price stickiness: an analysis of exchange rate overshooting and the beggar thy neighbour policy. (Financial Markets Group Discussion Papers 329). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Buiter, Willem H. (2008). Central banks and financial crises. (Financial Markets Group Discussion Papers 619). Financial Markets Group, The London School of Economics and Political Science.
  • Buiter, Willem H. (2007-11-20 - 2007-11-21) Economic, political, and institutional prerequisites for monetary union among the members of the Gulf Cooperation Council [Paper]. Preparing for GCC Currency Union: Institutional Framework, Dubai, United Arab Emirates, ARE.
  • Buiter, Willem H. (2004-02-20 - 2004-02-21) To purgatory and beyond: when and how should the accession countries from Central and Eastern Europe become full members of the EMU? [Paper]. Challenges for central banks in an enlarged EMU, Vienna, Austria, AUT.
  • Rey, Hélène (2025). Monetary and financial policies. In Besley, Tim, Bucelli, Irene, Velasco, Andrés (Eds.), The London Consensus: Economic Principles for the 21st Century (pp. 219 - 249). LSE Press. https://doi.org/10.31389/lsepress.tlc.g picture_as_pdf
  • C
  • Talani, Leila Simona, Casey, Bernard (Eds.) (2008). Between growth and stability: The demise and reform of the European union's stability and growth pact. Edward Elgar.
  • Callen, Mike, Imbs, Jean, Mauro, Paolo (2015). Pooling risk among countries. Journal of International Economics, 96(1), 88-99. https://doi.org/10.1016/j.jinteco.2015.01.006 picture_as_pdf
  • Canale, Rosaria Rita, de Grauwe, Paul, Foresti, Pasquale, Napolitano, Oreste (2018). Is there a trade-off between free capital mobility, financial stability and fiscal policy flexibility in the EMU? Review of World Economics, 154(1), 177-201. https://doi.org/10.1007/s10290-017-0302-4 picture_as_pdf
  • Caselli, Francesco, Koren, Miklos, Lisicky, Milan, Tenreyro, Silvana (2020). Diversification through trade. Quarterly Journal of Economics, 135(1), 449 - 502. https://doi.org/10.1093/qje/qjz028 picture_as_pdf
  • Chamberlain, Trevor W., Kalaitzi, Athanasia S. (2020). Fuel-mining exports and economic growth: evidence from the UAE. International Advances in Economic Research, 26(1), 119 - 121. https://doi.org/10.1007/s11294-020-09766-4 picture_as_pdf
  • Chang, R, Velasco, Andres (2005). Currency mismatches and monetary policy: a tale of two equilibria. Journal of International Economics, 69(1), 150-175. https://doi.org/10.1016/j.jinteco.2005.05.008
  • Chang, Roberto, Velasco, Andres (2007). Endogenous financial dollarization and exchange rate policy. Journal of Policy Reform, 8(4), 263-280. https://doi.org/10.1080/13841280500387182
  • Chen, Natalie, Chung, Wanyu, Novy, Dennis (2019). Vehicle currency pricing and exchange rate pass-through. (CEP Discussion Papers CEPDP1624). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Coeurdacier, Nicolas, Guibaud, Stéphane, Jin, Keyu (2015). Credit constraints and growth in a global economy. American Economic Review, 105(9), 2838-2881. https://doi.org/10.1257/aer.20130549
  • Corsetti, Giancarlo, Crowley, Meredith, Han, Lu, Song, Huasheng (2018). Markets and markups: a new empirical framework and evidence on exporters from China. (CFM Discussion Paper Series CFM-DP2018-03). Centre For Macroeconomics.
  • Corsetti, Giancarlo, Dedola, Luca, Leduc, Sylvain (2018). Exchange rate misalignment, capital flows, and optimal monetary policy trade-offs. (CFM Discussion Paper Series CFM-DP2018-06). Centre For Macroeconomics.
  • Corsetti, Giancarlo, Kuester, Keith, Müller, Gernot J. (2017). Fixed on flexible rethink exchange rate regimes after the Great Recession. (CFM discussion paper series CFM-DP2017-21). Centre For Macroeconomics.
  • Corsetti, Giancarlo, Mavroeidi, Eleonora, Thwaites, Gregory, Wolf, Martin (2017). Step away from the zero lower bound: Small open economies in a world of secular stagnation. (CFM discussion paper series CFM-DP2017-22). Centre For Macroeconomics.
  • Céspedes, Luis Felipe, Velasco, Andres (2012). Macroeconomic performance during commodity price booms and busts. IMF Economic Review, 60(4), 570-599. https://doi.org/10.1057/imfer.2012.22
  • Céspedes, Luis Felipe, Velasco, Andres (2013). Was this time different? Fiscal policy in commodity republics. (NBER Working Paper 19748). National Bureau of Economic Research. https://doi.org/10.3386/w19748
  • Jin, Keyu, Guibaud, Stéphane, Coeurdacier, Nicolas (2011). Credit constraints and growth in a global economy. (Finance seminar series). Department of Economics, London School of Economics and Political Science.
  • Jin, Keyu, Guibaud, Stéphane, Coeurdacier, Nicolas (2013). Credit constraints and growth in a global economy. London School of Economics and Political Science.
  • Talani, Leila Simona (2008). Conclusions: The demise and reform of the SGP and the future of EMU: Towards the disruption of the European integration process? In Talani, Leila Simona, Casey, Bernard (Eds.), Between Growth and Stability: the Demise and Reform of the European Union's Stability and Growth Pact (pp. 191-194). Edward Elgar.
  • Talani, Leila Simona (2008). Introduction. In Talani, Leila Simona, Casey, Bernard (Eds.), Between Growth and Stability: the Demise and Reform of the European Union's Stability and Growth Pact (pp. 1-13). Edward Elgar.
  • Talani, Leila Simona, Fazio, Giorgio (2008). Interests or expectations? A political economy model of the credibility of exchange rate agreements. In Talani, Leila Simona, Casey, Bernard (Eds.), Between Growth and Stability: the Demise and Reform of the European Union's Stability and Growth Pact (pp. 14-59). Edward Elgar.
  • D
  • Dainauskas, Justas (2023). Time-varying exchange rate pass-through into terms of trade. Journal of International Money and Finance, 137, https://doi.org/10.1016/j.jimonfin.2023.102905 picture_as_pdf
  • De Paoli, Bianca (2004). Monetary policy and welfare in a small open economy. (CEPDP 639). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca (2009). Monetary policy under alterative asset market structures: the case of a small open economy. (CEP Discussion Papers CEPDP0923). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca (2009). Monetary policy under alternative asset market structures: the case of a small open economy. (CEP Discussion Paper 923). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca, Küçük-Tuger, Hande, Søndergaard, Jens (2010). Monetary policy rules and foreign currency positions. (CEP Discussion Papers CEPDP1022). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Den Haan, Wouter J., Kobielarz, Michal L., Rendahl, Pontus (2015). Exact present solution with consistent future approximation: a gridless algorithm to solve stochastic dynamic models. (CFM discussion paper series CFM-DP2015-36). Centre For Macroeconomics. picture_as_pdf
  • de Grauwe, Paul (2008). Book review: on the need to renovate the Eurozone. International Finance, 11(3), 327-333. https://doi.org/10.1111/j.1468-2362.2008.01227.x
  • E
  • Egorov, Konstantin, Mukhin, Dmitry (2023). Optimal policy under dollar pricing. American Economic Review, 113(7), 1783 - 1824. https://doi.org/10.1257/aer.20200636 picture_as_pdf
  • Esteve, Vicente, Prats, María A. (2023). External sustainability in Spanish economy: bubbles and crises, 1970–2020. Review of International Economics, 31(1), 60 - 80. https://doi.org/10.1111/roie.12611 picture_as_pdf
  • Esteves, Rui, Kenny, Seán, Lennard, Jason (2026). The aftermath of sovereign debt crises: a narrative approach. Journal of Economic History, https://doi.org/10.1017/S0022050725100995 picture_as_pdf
  • Lennard, Jason, Kenny, Seán, Esteves, Rui (2021). The aftermath of sovereign debt crises: a narrative approach. (Department of Economic History Working Papers 2021). Department of Economic History, London School of Economics and Political Science. picture_as_pdf
  • G
  • Guidotti, Pablo E., Sturzenegger, Federico, Villar, Agustín (2004). On the consequences of sudden stops. Economía, 4(2), 171 - 203. https://doi.org/10.1353/eco.2004.0016 picture_as_pdf
  • Guimaraes, Bernardo (2011). Sovereign default: which shocks matter? Review of Economic Dynamics, 14(4), 553-576. https://doi.org/10.1016/j.red.2010.10.002
  • Guimaraes, Bernardo, Morris, Stephen (2007). Risk and wealth in a model of self-fulfilling currency attacks. Journal of Monetary Economics, 54(8), 2205-2230. https://doi.org/10.1016/j.jmoneco.2007.07.005
  • de Grauwe, Paul, Grimaldi, Marianna (2006). Exchange rate puzzles: a tale of switching attractors. European Economic Review, 50(1), 1-33. https://doi.org/10.1016/j.euroecorev.2004.07.005
  • de Grauwe, Paul, Grimaldi, Marianna (2005). Heterogeneity of agents, transactions costs and the exchange rate. Journal of Economic Dynamics and Control, 29(4), 691-719. https://doi.org/10.1016/j.jedc.2004.01.004
  • de Grauwe, Paul, Grimaldi, Marianna (2006). The exchange rate in behavioral finance framework. Princeton University Press.
  • I
  • Ilzetzki, Ethan (2011). Rent-seeking distortions and fiscal procyclicality. Journal of Development Economics, 96(1), 30-46. https://doi.org/10.1016/j.jdeveco.2010.07.006
  • Ilzetzki, Ethan Oriel, Mendoza, Enrique G., Végh, Carlos A. (2010). How big (small?) are fiscal multipliers? (CEP Discussion Papers CEPDP1016). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2022). Sanctions and the exchange rate. Intereconomics, 57(3), 148 - 151. https://doi.org/10.1007/s10272-022-1050-9 picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2025). Sanctions and the exchange rate. Review of Economic Studies, https://doi.org/10.1093/restud/rdaf085 picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2024). What drives the exchange rate? IMF Economic Review, picture_as_pdf
  • J
  • Jin, Keyu (2012). Industrial structure and capital flows. American Economic Review, 102(5), 2111-2146. https://doi.org/10.1257/aer.102.5.2111
  • Jin, Keyu (2009). Industrial structure and financial capital flows. London School of Economics and Political Science.
  • Jin, Keyu (2009). International business cycles with heterogeneous sectors. London School of Economics and Political Science.
  • Jin, Keyu, Li, Nan (2011). Factor proportions and international business cycles. (CEP Discussion Paper No. 1090). London School of Economics and Political Science. Centre for Economic Performance.
  • Jin, Keyu, Li, Nan (2018). International transmission with heterogeneous sectors. American Economic Journal: Macroeconomics, 10(4), 36-76. https://doi.org/10.1257/mac.20150379 picture_as_pdf
  • L
  • Lennard, Jason, Paker, Meredith (2026). Devaluation, exports, and recovery from the Great Depression. Journal of Economic History, https://doi.org/10.1017/s0022050725101009 picture_as_pdf
  • Lipinska, Anna (2007). The Maastricht convergence criteria and optimal monetary policy for the EMU accession countries. (CEPDP 808). London School of Economics and Political Science. Centre for Economic Performance.
  • M
  • Malovic, Marko (2007). Exchange rate regimes and monetary policies in emerging markets: a showdown for few theoretical misconceptions. (Discussion papers DP42). Centre for the Study of Global Governance, London School of Economics and Political Science.
  • Mayer, Thierry, Melitz, Marc, Ottaviano, Gianmarco I. P. (2014). Market size, competition, and the product mix of exporters. American Economic Review, 104(2), 495-536. https://doi.org/10.1257/aer.104.2.495
  • McLeay, Michael, Tenreyro, Silvana (2026). Dollar dominance and the transmission of monetary policy. Quarterly Journal of Economics, 141(1), 605 - 666. https://doi.org/10.1093/qje/qjaf043 picture_as_pdf
  • Mendoza, Enrique G. (2005). Real exchange rate volatility and the price of nontradable goods in economies prone to sudden stops. Economía, 6(1), 103 - 135. https://doi.org/10.1353/eco.2006.0008 picture_as_pdf
  • Monastiriotis, Vassilis, Tunali, Cigdem Borke (2020). The sustainability of external imbalances in the European periphery. Open Economies Review, 31(2), 273 - 294. https://doi.org/10.1007/s11079-019-09560-8 picture_as_pdf
  • R
  • Rachel, Lukasz, Smith, Thomas D (2016). Secular drivers of the global real interest rate. (CFM discussion paper series 571). Centre For Macroeconomics.
  • Redding, Stephen (1997). The relationship between openness and growth in the United Kingdom: a summary of the Bank of England openness and growth project. Bank of England Quarterly Bulletin, 37(4), 390-405.
  • Rodrik, Dani (2008). The real exchange rate and economic growth. Journal of Economic Studies, 40(3), 298-313.
  • S
  • de Grauwe, Paul, Schnabl, Gunther (2008). Exchange rate stability, inflation, and growth in (South) Eastern and Central Europe. Review of Development Economics, 12(3), 530-549. https://doi.org/10.1111/j.1467-9361.2008.00470.x
  • V
  • Varela, Liliana (2017). Sector heterogeneity and credit market imperfections in emerging markets. Journal of International Money and Finance, 70, 433-451. https://doi.org/10.1016/j.jimonfin.2016.09.006 picture_as_pdf
  • W
  • Wills, Samuel (2014). Optimal monetary responses to oil discoveries. (CFM discussion paper series CFM-DP2014-8). Centre For Macroeconomics.