Discussion paper DP17465 A Luna-tic Stablecoin Crash Harald Uhlig 12 Jul 2022 Stablecoin Run Cryptocurrencies Luna Terra ust Currency crisis Speculative attack Method of quantitative interpretation Gradual crash Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations F31 F32 G01 G12 G23
Discussion paper DP17397 Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies Rishabh Aggarwal Adrien Auclert Matthew Rognlie Ludwig Straub 20 Jun 2022 International Macroeconomics and Finance Monetary Economics and Fluctuations E62 F32 F41
Discussion paper DP16244 Five Facts about the UIP Premium Sebnem Kalemli-Ozcan Liliana Varela 10 May 2022 Fama regression Excess return Risk premia Expectations Policy credibility International Macroeconomics and Finance Macroeconomics and Growth F21 F32 F41
Discussion paper DP17277 Sanctions and the Exchange Rate Oleg Itskhoki Dmitry Mukhin 4 May 2022 Exchange Rates Sanctions exchange rate Currency Capital flows Financial repression International Macroeconomics and Finance International Trade and Regional Economics Macroeconomics and Growth Monetary Economics and Fluctuations Political Economy E50 F31 F32 F41 F51
Discussion paper DP17216 Do Countries Default in Bad Times? The Role of Alternative Detrending Techniques Ugo Panizza 13 Apr 2022 Sovereign debt Default business cycles International Macroeconomics and Finance F34 F32 H63
Discussion paper DP17012 News, Sentiment and Capital Flows Kenza Benhima Rachel Cordonier 6 Feb 2022 Capital flows Svar Expectations Asymmetric information International Macroeconomics and Finance D82 E32 F32
Discussion paper DP16969 Output Concerns and Precautionary Savings in Emerging Markets' Debt and Reserve Accumulation Refet Gürkaynak Sang Seok Lee Ju Hyun Pyun 30 Jan 2022 International reserves External debt Real interest rate Emerging markets Sudden stops Precautionary savings Regime-switching small open economy model Mercantilism Output externalities International Macroeconomics and Finance Monetary Economics and Fluctuations E43 F32 F34 F41 H63
Discussion paper DP16539 On the Benefits of Repaying Francesca Caselli Matilde Faralli Paolo Manasse Ugo Panizza 12 Sep 2021 Sovereing debt Default Reputation Economic History International Macroeconomics and Finance F34 F32 H63
Discussion paper DP16311 Dollar and Exports Valentina Bruno Hyun Song Shin 30 Jun 2021 Us dollar Financial channel of exchange rates Global financial conditions International Macroeconomics and Finance F34 F42 F32 G15
Discussion paper DP16203 Monetary Policy Independence and the Strength of the Global Financial Cycle Christian Friedrich Pierre Guerin Danilo Leiva-León 28 May 2021 Global financial cycle strength Monetary policy independence Capital controls Macroprudential policies International Macroeconomics and Finance F32 E4 E5 G15 F42 G18
Discussion paper DP16198 Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel Adrien Auclert Matthew Rognlie Martin Souchier Ludwig Straub 27 May 2021 International Macroeconomics and Finance Monetary Economics and Fluctuations E52 F32 F41
Discussion paper DP15912 Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment Iryna Stewen Mathias Hoffmann Michael Stiefel 13 Mar 2021 Local public finance Firm-level investment Crowding-out Fiscal austerity Global and intra-european imbalances Financial Economics International Macroeconomics and Finance Public Economics E62 G21 F21 F32 H32
