WorldCat Identities

Frankel, Jeffrey A.

Works: 410 works in 1,636 publications in 4 languages and 22,321 library holdings
Genres: Conference proceedings  Textbooks 
Roles: Author, Editor, Instrumentalist, Thesis advisor, Author of introduction, Other
Classifications: HG1496, 332.491724
Publication Timeline
Most widely held works by Jeffrey A Frankel
American economic policy in the 1990s by Jeffrey A Frankel( )

16 editions published between 2001 and 2004 in English and Chinese and held by 2,070 WorldCat member libraries worldwide

This text attempts to write the history of the making of American economic policy during the 1990s. Each chapter is devoted to a particular area of economic policy and consists of a background paper
The regionalization of the world economy by Jeffrey A Frankel( )

13 editions published between 1997 and 2007 in English and held by 1,564 WorldCat member libraries worldwide

Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalisation has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements?
Preventing currency crises in emerging markets by Sebastian Edwards( )

13 editions published between 2002 and 2009 in English and held by 1,446 WorldCat member libraries worldwide

Economists and policymakers are still trying to understand the lessons of recent financial crises in emerging markets. In this volume, academics, public officials and economists explore the causes of and effective policy responses to international currency crises
Managing currency crises in emerging markets by Michael P Dooley( )

13 editions published between 2003 and 2007 in English and held by 1,432 WorldCat member libraries worldwide

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it is also a highly contentious issue in today's public policy circles. In this book, leading economists - many of whom have also participated in policy debates on these issues - consider how best to reduce the frequency and cost of such crises. The contributions here explore the management process from the beginning of a crisis to the long-term effects of the techniques used to minimize it
World trade and payments; an introduction by Richard E Caves( Book )

76 editions published between 1973 and 2013 in 5 languages and held by 1,267 WorldCat member libraries worldwide

This streamlined edition takes a theoretical approach to world trade and finance. It features updated material, such as the outcome of the Uruguay Round of international tariff negotiations, and sections new to this edition eamine Eastern European economies and emerging industrialized countries
On exchange rates by Jeffrey A Frankel( )

18 editions published between 1993 and 1997 in English and held by 1,171 WorldCat member libraries worldwide

These seventeen essays provide an accessible and thorough reference on exchange rates in the international monetary system since 1973, when the rates were allowed to float. The essays analyze such issues as exchange rate movements, exchange risk premia, investor expectations of exchange rates, and behavior of exchange rates in different systems
Financial markets and monetary policy by Jeffrey A Frankel( )

11 editions published between 1995 and 1997 in English and held by 1,106 WorldCat member libraries worldwide

In the first section, Frankel explores what information the theory of optimal portfolio diversification can give the macroeconomist. In the second section, he considers what economic variables central bankers might use to gauge whether monetary policy is too tight or too loose. And in the final section, he looks at the range of uncertainty over policy effects and how that complicates coordination of macroeconomic policymaking. The book concludes with a sympathetic analysis of nominal GDP targeting
NBER International seminar on macroeconomics 2005 by International Seminar on Macroeconomics( )

13 editions published between 2005 and 2007 in English and held by 859 WorldCat member libraries worldwide

The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of current issues in global macroeconomics. An international companion to the more American-focused NBER Macroeconomics Annual, the 2005 volume first explores macroeconomic issues of interest to all advanced economies, then analyzes topical questions concerning the eastward expansion of the European Monetary Union.Jeffrey A. Frankel is James W. Harpel Professor of Capital Formation and Economic Growth at Harvard University's John F. Kennedy School of Government. Christopher A. Pissarides is Professor of Economics at the London School of Economics. Both are Research Associates at the National Bureau of Economic Research
The Internationalization of equity markets by Jeffrey A Frankel( )

29 editions published between 1993 and 2008 in English and held by 799 WorldCat member libraries worldwide

This timely volume addresses three important recent trends in the internationalization of United States equity markets: extensive market integration through foreign investment and links among stock prices around the world; increasing securitization as countries such as Japan come to rely more than ever before on markets in equities and bonds at the expense of banks; and the opening of national financial systems of newly industrializing countries to international financial flows and institutions, as governments remove capital controls and other barriers.Eight essays examine such issues as the c
Regionalism and rivalry : Japan and the United States in Pacific Asia( Book )

10 editions published between 1993 and 1995 in English and held by 752 WorldCat member libraries worldwide

The microstructure of foreign exchange markets by Jeffrey A Frankel( Book )

15 editions published between 1996 and 2009 in English and French and held by 696 WorldCat member libraries worldwide

The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the
Regional trading blocs in the world economic system by Jeffrey A Frankel( Book )

8 editions published between 1997 and 1998 in English and held by 581 WorldCat member libraries worldwide

No single currency regime is right for all countries or at all times by Jeffrey A Frankel( Book )

22 editions published between 1994 and 1999 in English and held by 479 WorldCat member libraries worldwide

Abstract: This essay considers some prescriptions that are currently popular regarding exchange rate regimes: a general movement toward floating, a general movement toward fixing, or a general movement toward either extreme and away from the middle. The whole spectrum from fixed to floating is covered (including basket pegs, crawling pegs, and bands), with special attention to currency boards and dollarization. One overall theme is that the appropriate exchange rate regime varies depending on the specific circumstances of the country in question (which includes the classic optimum currency area criteria, as well as some newer criteria related to credibility) and depending on the circumstances of the time period in question (which includes the problem of successful exit strategies). Latin American interest rates are seen to be more sensitive to US interest rates when the country has a loose dollar peg than when it has a tight peg. It is also argued that such relevant country characteristics as income correlations and openness can vary over time, and that the optimum currency area criterion is accordingly endogenous
Obstacles to international macroeconomic policy coordination by Jeffrey A Frankel( Book )

19 editions published between 1987 and 1989 in English and Undetermined and held by 470 WorldCat member libraries worldwide

Coordination of macroeconomic policies among countries is not as straightforward in practice as it appears in theory. This paper discusses three obstacles to successful international coordination: (1) uncertainty as to the correct initial position of the economy, (2) uncertainty as to the correct objective, and (3) uncertainty as to the correct model linking policy actions to their effects in the economy. Previous results (NBER Working Paper No. 2059) showed that coordination under conditions of policy-maker disagreement about the correct model could very well reduce national welfare rather than raise it. This paper extends those results to allow for explicit policy-maker recognition of uncertainty regarding the correct model, as well as uncertainty regarding the model to which other policy-makers subscribe. It also shows that the potential gains from coordination, even when positive, are usually small relative to the gains from unilateral policy changes based on improved knowledge of the model
Six possible meanings of overvaluation : the 1981-85 dollar by Jeffrey A Frankel( Book )

10 editions published in 1985 in English and Undetermined and held by 416 WorldCat member libraries worldwide

Does foreign exchange intervention work? by Kathryn M Dominguez( Book )

10 editions published in 1993 in English and Undetermined and held by 383 WorldCat member libraries worldwide

The yen/dollar agreement, liberalizing Japanese capital markets by Jeffrey A Frankel( Book )

8 editions published in 1984 in English and held by 325 WorldCat member libraries worldwide

Trade and growth : an empirical investigation by Jeffrey A Frankel( Book )

29 editions published between 1995 and 1996 in English and held by 194 WorldCat member libraries worldwide

Abstract: Estimates of growth equations have found a role for openness, particularly in explaining rapid growth among East Asian countries. But major concerns of simultaneous causality between growth and trade have been expressed. This study aims to deal with the endogeneity of trade by using as instrumental variables the exogenous determinants from the gravity model of bilateral trade, such as proximity to trading partners. We find that the effect of openness on growth is even stronger when we correct for the endogeneity of openness than in standard OLS estimates. We conclude with estimates of how much has been contributed to East Asian growth both by the exogenous or geographical component of openness and by the residual or policy component
Short-term and long-term expectations of the yen/dollar exchange rate evidence from survey data by Jeffrey A Frankel( )

12 editions published between 1986 and 1988 in English and held by 180 WorldCat member libraries worldwide

Three surveys of exchange rate expectations allow us to measure directly the expected rates of return on yen versus dollars. Expectations of yen appreciation against the dollar have been (1) consistently large, (2) variable, and (3) greater than the forward premium, implying that investors were willing to accept a lower expected return on dollar assets. At short-term horizons expectations exhibit bandwagon effects, while at longer-term horizons they show the reverse. A 10 percent yen appreciation generates the expectation of a further appreciation of 2.4 percent over the following week, for example, but a depreciation of 3.4 percent over the following year. At any horizon, investors would do better to reduce the absolute magnitude of expected depreciation. The true spot rate process behaves more like a random walk
Currency crashes in emerging markets : empirical indicators by Jeffrey A Frankel( Book )

21 editions published in 1996 in English and held by 130 WorldCat member libraries worldwide

Abstract: We use a panel of annual data for over one hundred developing countries from 1971 through 1992 to characterize currency crashes. We define a currency crash as a large change of the nominal exchange rate that is also a substantial increase in the rate of change of nominal depreciation. We examine the composition of the debt as well as its level, and a variety of other macroeconomic factors, external and foreign. Crashes tend to occur when: output growth is low; the growth of domestic credit is high; and the level of foreign interest rates is high. A low ratio of FDI to debt is consistently associated with a high likelihood of a crash
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Managing currency crises in emerging markets
Alternative Names
Frankel, J.

Frankel, J. 1952-

Frankel, Jefferey A. 1952-

Frankel Jeffrey

Frankel, Jeffrey 1952-

Frankel, Jeffrey Alexander 1952-

フランケル, ジェフェリー・A

The regionalization of the world economyPreventing currency crises in emerging marketsManaging currency crises in emerging marketsWorld trade and payments; an introductionOn exchange ratesFinancial markets and monetary policyNBER International seminar on macroeconomics 2005The Internationalization of equity markets