WorldCat Identities

Center for Pacific Basin Monetary and Economic Studies

Overview
Works: 55 works in 94 publications in 1 language and 935 library holdings
Genres: Case studies  Conference papers and proceedings  Essays  Periodicals 
Roles: Other
Classifications: HB3722, 332
Publication Timeline
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Most widely held works about Center for Pacific Basin Monetary and Economic Studies
  • Annual report by Center for Pacific Basin Monetary and Economic Studies( )
 
Most widely held works by Center for Pacific Basin Monetary and Economic Studies
Financial crises in emerging markets by Reuven Glick( Book )

4 editions published in 2001 in English and Undetermined and held by 288 WorldCat member libraries worldwide

Managing capital flows and exchange rates : perspectives from the Pacific basin( Book )

5 editions published in 1998 in English and held by 279 WorldCat member libraries worldwide

"The essays in this volume examine the theoretical and policy issues associated with international capital flows and exchange rates for emerging markets in the Pacific Basin region. The essays address four broad issues. First, they investigate the determinants of international capital flows, particularly the relative role of domestic and external factors in driving capital flows. Second, they inquire how predictable and contagious capital flow reversals and exchange rate crises are. Third, they explore what the domestic economic effects of capital inflows on emerging economies have been and, fourth, seek to suggest what are the appropriate responses by policy makers to capital inflow surges."--Jacket
Pacific Basin working paper series( )

in English and held by 31 WorldCat member libraries worldwide

Open door policy and China's rapid growth : evidence from city-level data by Shang-Jin Wei( Book )

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

There is clear evidence that during 1980-90 more exports are positively associated with higher growth rates across Chinese cities. In comparison, in the late 1980s, the contribution to growth comes mainly from foreign investment. The contribution of foreign investment comes in the form of technological and managerial spillover across firms as opposed to an infusion of new capital. Finally, there is nothing magical about the high growth rates of Chinese coastal areas other than their effective utilization of foreign investment and exports
Macroeconomic control in liberalizing socialist economies : Asian and European parallels by Ronald I McKinnon( Book )

2 editions published in 1992 in English and held by 10 WorldCat member libraries worldwide

" ... The paper first seeks to understand how the preexisting system of financial control under Stalinist central planning actually worked, and why it tends to breakdown once liberalization begains. Than more effective monetary and fiscal measures for containing inflation in a more gradualist approach to liberalization of the socialist economy, with special references to China, Vietnam, and Loas, is spelled out."--Abstract
Asia's financial crisis : lessons and policy responses by Ramon Moreno i Amich( Book )

3 editions published in 1998 in English and held by 10 WorldCat member libraries worldwide

Korean banks' responses to the strengthening of capital adequacy requirements by Inwon Song( Book )

2 editions published in 1998 in English and held by 9 WorldCat member libraries worldwide

Are the forces shaping business cycles alike? : the evidence from Japan by Ramon Moreno i Amich( Book )

2 editions published in 1992 in English and held by 9 WorldCat member libraries worldwide

Contagion effects during the Asian financial crisis : some evidence from stock price data by Jose Antonio R Tan( Book )

2 editions published in 1998 in English and held by 9 WorldCat member libraries worldwide

The usual suspects? : productivity and demand shocks and Asia-Pacific real exchange rates by Menzie David Chinn( Book )

2 editions published in 1997 in English and held by 8 WorldCat member libraries worldwide

Abstract: The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined. Using sectoral output and employment data, relative prices and relative productivities are calculated for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand. Time series regressions of the real exchange rate on relative prices indicate a role for relative prices for Indonesia, Japan and Korea. When examining real exchange rates and relative productivity ratios, one finds a relationship for Japan, Malaysia, and the Philippines. Only when augmenting the regressions with real oil prices are significant relationships obtained for Indonesia and Korea. Panel regression results are slightly more supportive of a relative price view of real exchange rates. However, the panel regressions incorporating productivity variables, as well as other demand side factors, are less encouraging, except for a small subset of countries (Indonesia, Japan, Korea, Malaysia and the Philippines). Surprisingly, government spending does not appear to be a determinant of real exchange rates in the region
APEC and other regional economic arrangements in the Pacific by Jeffrey A Frankel( Book )

2 editions published in 1994 in English and held by 8 WorldCat member libraries worldwide

Are all banking crises alike? : the Japanese experience in international comparison by Michael M Hutchison( Book )

2 editions published in 1999 in English and held by 8 WorldCat member libraries worldwide

Abstract: This paper examines episodes of banking sector distress for a large sample of developed and developing countries, highlighting the experience of Japan. By a host of criteria, Japan appeared to be in a stronger position than most countries at the onset of banking problems low inflation, appreciating currency, balanced government budget, and large external surpluses. However, Japan followed a clear international boom-and-bust pattern in terms of real output growth, credit growth and stock price movements. We estimate a multivariate probit model that links the likelihood of banking problems to a set of macroeconomic variables and institutional characteristics. The model predicts a high probability of banking sector distress in Japan in the early 1990s. In particular, the likelihood of an episode of banking distress rose in line with the sharp drop in asset prices, deepening recession and 'moral hazard' problem (financial liberalization combined with explicit deposit insurance). The Japanese case is also noteworthy by the long duration of the banking crisis, the length of the coincident recession and general malaise over the economy, the slow regulatory response, and the long delay in the commitment of public funds to re-capitalize the banking sector
The welfare implications of continental trading blocs in a model with transport costs by Ernesto Stein( Book )

2 editions published in 1994 in English and held by 8 WorldCat member libraries worldwide

A nonlinear model of real exchange rate dynamics, with an application to the case of Taiwan by Chao-nan Chʻen( Book )

2 editions published in 1994 in English and held by 8 WorldCat member libraries worldwide

Love and hate : state and non-state firms in transition economies by Shang-Jin Wei( Book )

2 editions published in 1993 in English and held by 8 WorldCat member libraries worldwide

"This paper studies the connection between the growth of non-state firms and the speed of closing down state-owned firms in transition economies."
Liberalized portfolio capital inflows in emerging markets : sterilization, expectations, and the incompleteness of interest rate convergence by Jeffrey A Frankel( Book )

3 editions published in 1995 in English and held by 8 WorldCat member libraries worldwide

The paper examines interest rates in nine Latin American and East Asian countries during the period 1987-1994. The goal is to discover why interest rates have remained high, failing to converge to U.S. levels, despite capital market liberalization and a resurgence of portfolio capital inflows during the second half of this sample period. Related questions are whether portfolio capital flows are strong enough to equalize expected returns between these 'emerging markets' and the U.S., and whether there is any scope left for the authorities to sterilize inflows. The conclusion of the study is that the largest single component of the gap in interest rates is expectations of depreciation of the local currencies against the dollar. Key to the analysis is the use of survey data on exchange rate forecasts by market participants. Indicative of integrated financial markets, we also find a big effect of U.S. interest rates on local interest rates and a highly significant degree of capital flow offset to monetary policy
Are asian economies exempt from the "impossible trinity?" : evidence from Singapore by Ramon Moreno i Amich( Book )

3 editions published in 1997 in English and held by 8 WorldCat member libraries worldwide

Is New Zealand's Reserve Bank Act of 1989 an optimal central bank contract? by Carl E Walsh( Book )

2 editions published in 1994 in English and held by 8 WorldCat member libraries worldwide

Asset price fluctuations in Japan : what role for monetary policy? by Michael M Hutchison( Book )

2 editions published in 1993 in English and held by 7 WorldCat member libraries worldwide

Money and credit, competitiveness, and currency crises in Asia and Latin America by Reuven Glick( Book )

2 editions published in 1999 in English and held by 7 WorldCat member libraries worldwide

 
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Financial crises in emerging markets
Alternative Names

controlled identityCenter for Pacific Basin Studies (San Francisco, Calif.)

controlled identityFederal Reserve Bank of San Francisco. Economic Research Department

Center for Pacific Basin Monetary and Economic Studies (San Francisco, Calif.)

Federal Reserve Bank of San Francisco Center for Pacific Basin Monetary and Economic Studies

Federal Reserve Bank of San Francisco Economic Research Department Center for Pacific Basin Monetary and Economic Studies

Languages
English (50)

Covers
Managing capital flows and exchange rates : perspectives from the Pacific basin