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Working Papers
by Graciela Kaminsky

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Short-Run Pain, Long-Run Gain: Financial Liberalization and Stock Market Cycles, (with Sergio Schmukler), forthcoming Review of Finance, 2008.

A New Era of International Financial Integration: Global, Market, and Regional Factors, (with Marco Cipriani) December 2007.

Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets, December 2007.

The Center and the Periphery: The Globalization of  Financial Turmoil, (with Carmen Reinhart), in Carmen Reinhart, Carlos Végh, and Andres Velasco (eds) Capital Flows, Crisis, and Stabilization, Essays in Honor of Guillermo Calvo, MIT Press, 2007.

Latin America’s Access to International Capital Markets: Good Behavior or Global Liquidity?, (with Ana Fostel), in Kevin Cowan, Sebastian Edwards, and Rodrigo Valdés (eds) Current Account and External Financing, Central Bank of Chile, 2007.

Volatility in International Financial Market Issuance: The Role of the Financial Center, (with Marco Cipriani), Open Economies Review, April 2007.

Varieties of Currency Crises, Journal of International Money and Finance, 2006.

When it Rains, it Pours: Procyclical Macropolicies and Capital Flows, (with Carmen Reinhart and Carlos Végh), NBER Macroeconomics Annual 2004.

Managers, Investors, and Crises:  Mutual Fund Investment Strategies in Emerging Markets, (with Richard Lyons and Sergio Schmukler) Journal of International Economics, October 2004.

The Unholy Trinity of Financial Contagion, (with Carmen Reinhart and Carlos Végh), Journal of Economic Perspectives, Fall 2003.

Financial Markets under Stress, (with Carmen Reinhart), Journal of Development Economics, December 2002.

Emerging-Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns? (with Sergio Schmukler), World Bank Economic Review, September 2002.

Mutual Fund Investment in Emerging Markets: An Overview, (with Richard Lyons and Sergio Schmukler), World Bank Economic Review, May 2001.

Fragility, Liquidity, and Risk:  The Behavior of Mutual Funds during Crises, (with Richard Lyons and Sergio Schmukler), January 2000.

Short- and Long-Run Integration: Do Capital Controls Matter? (with Sergio Schmukler), Brookings Trade Forum,  2000.

Bank Lending and Contagion: Evidence From the Asian Crisis, (with Carmen Reinhart),  in T. Ito and A. Krueger (eds) Regional and Global Capital Flows: Macroeconomic Causes and Consequences, Chicago: University of Chicago Press for the NBER, 2001.

On Crises, Contagion, and Confusion,  (with Carmen Reinhart), Journal of International Economics, June 2000.

Is the Nature of Currency Crises Changing? A Quarter of a Century of Crises in Argentina, (with Nada Choueiri), November 1999.

What Triggers Market Jitters? A Chronology of the Asian Crisis,  (with Sergio Schmukler), Journal of International Money and Finance, August 1999.

The Twin Crises: Causes of Banking and Balance-of-Payments Problems, (with Carmen Reinhart), American Economic Review, June 1999.

Currency and Banking Crises: The Early Warnings of Distress, February 1999.

Financial Crises in Asia and Latin America: Then and Now, (with Carmen Reinhart), American Economic Review, May 1998.

Leading Indicators of Currency Crises, (with Saul Lizondo and Carmen Reinhart, IMF Staff Papers, March 1998.
 
 

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