Now showing items 1-8 of 8

    • Addicted to Dollars 

      Reinhart, Carmen; Rogoff, Kenneth; Savastano, Miguel (2014)
      Many emerging market economies are dollarized in varying degrees. How important is this for the conduct of monetary policy and choice of exchange rate regime? We propose a composite measure of dollarization, identify its ...
    • The Aftermath of Financial Crises 

      Reinhart, Carmen M.; Rogoff, Kenneth S. (American Economic Association, 2009)
    • Dealing with debt 

      Reinhart, Carmen M.; Reinhart, Vincent; Rogoff, Kenneth S. (Elsevier BV, 2015)
      This paper explores the menu of options for renormalizing public debt levels relative to nominal activity in the long run, should governments eventually decide to do so. Although debt ratios may need to rise further in ...
    • From Financial Repression to External Distress: The Case of Venezuela 

      Reinhart, Carmen; Santos, Miguel Angel (Center for International Development at Harvard University, 2015-06)
      Recent work has supported that there is a connection between domestic debt level and sovereign default on external debt. We examine the potential linkages in a case study of Venezuela from 1984 to 2013. This unique example ...
    • Growth in a Time of Debt 

      Reinhart, Carmen M.; Rogoff, Kenneth S. (American Economic Association, 2010)
    • Is the 2007 US Sub-Prime Financial Crisis So Different? An International Historical Comparison 

      Reinhart, Carmen M.; Rogoff, Kenneth S. (American Economic Association, 2008)
    • Serial Default and the “Paradox” of Rich-to-Poor Capital Flows 

      Reinhart, Carmen M.; Rogoff, Kenneth S. (American Economic Association, 2004)
    • Shifting Mandates: The Federal Reserve's First Centennial 

      Reinhart, Carmen M.; Rogoff, Kenneth S. (American Economic Association, 2013)
      The Federal Reserve's mandate has evolved considerably over the organization's hundred-year history. It was changed from an initial focus in 1913 on financial stability, to fiscal financing in World War II and its aftermath, ...