Valerie Cerra

International Monetary Fund (IMF)

700 19th Street NW

Washington, DC 20431

United States

  • International Monetary Fund (IMF)

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    • Tel: 202-623-8596
SCHOLARLY PAPERS

23

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SSRN CITATIONS
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Top 2,639

in Total Papers Citations

566

CROSSREF CITATIONS

48

Scholarly Papers (23)

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1.

Growth Dynamics: The Myth of Economic Recovery

Downloads 1,001 (38,280)
Citation 177

Growth Dynamics: The Myth of Economic Recovery

BIS Working Paper No. 226
Number of pages: 41 Posted: 25 Sep 2007
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 539 (85,699)
Citation 164

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Output Loss, Recessions, Recovery, Business Cycles, Crises, Wars

Growth Dynamics: The Myth of Economic Recovery

IMF Working Paper No. 05/147
Number of pages: 44 Posted: 03 Mar 2006
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 253 (200,400)
Citation 5

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Growth, Output Loss, Recessions, Recovery, Business Cycles, Crises, Wars

Growth Dynamics: The Myth of Economic Recovery

IMF Working Paper No. 05/147, BIS Working Paper No. 226
Number of pages: 41 Posted: 25 Sep 2007
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 209 (240,986)
Citation 2

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Growth, Output Loss, Recessions, Recovery, Business Cycles, Crises, Wars

2.

Alternative Methods of Estimating Potential Output and Output Gap: An Application to Sweden

IMF Working Paper No. 2000/059
Number of pages: 35 Posted: 09 Feb 2004
Valerie Cerra and Sweta Saxena
International Monetary Fund (IMF) and affiliation not provided to SSRN
Downloads 821 (50,447)
Citation 1

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WP, production function, economic theory, Sweden, Business Cycles, Output Gap, Potential Output, Detrending, Vector Autoregression, Unobserved Components Models, production function approach, HP filter, demand shock, constructed output gap, output gap estimate, price level, Unemployment, Inflation, Unemployment rate

3.

An Empirical Analysis of China&Apos;S Export Behavior

IMF Working Paper No. 2002/200
Number of pages: 35 Posted: 22 Feb 2004
Valerie Cerra and Sweta Saxena
International Monetary Fund (IMF) and affiliation not provided to SSRN
Downloads 607 (74,773)

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WP, least squares, unit price, China, Trade, Export Elasticities, Structural Reform, unit export index, supply equation, export supplier, export commodity, export supply, export trade, Exports, Export prices, Exchange rates, Price indexes

4.

Robbing the Riches: Capital Flight, Institutions, and Instability

Downloads 381 (130,803)
Citation 4

Robbing the Riches: Capital Flight, Institutions, and Instability

IMF Working Paper No. 05/199
Number of pages: 39 Posted: 03 Mar 2006
Valerie Cerra, Meenakshi Rishi and Sweta C. Saxena
International Monetary Fund (IMF), Seattle University and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 240 (211,071)

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Capital Flight, Institutions, Debt, Foreign Aid

Robbing the Riches: Capital Flight, Institutions, and Instability

IMF Working Paper No. 05/199
Number of pages: 39 Posted: 08 Nov 2005
Valerie Cerra, Meenakshi Rishi and Sweta C. Saxena
International Monetary Fund (IMF), Seattle University and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 141 (339,589)
Citation 4

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Capital Flight, Institutions, Debt; Foreign Aid, Revolving door

5.

China's Trade Flows: Changing Price Sensitivities and the Reform Process

IMF Working Paper No. 99/1
Number of pages: 37 Posted: 10 Feb 2006
Valerie Cerra and Anuradha Dayal-Gulati
International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 308 (164,582)
Citation 1

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Trade reform, China Exports, Imports, Price elasticity, Econometric models

6.

Contagion, Monsoons and Domestic Turmoil in Indonesia: A Case Study in the Asian Currency Crisis

IMF Working Paper No. 2000/060
Number of pages: 28 Posted: 17 Feb 2004
Valerie Cerra and Sweta Saxena
International Monetary Fund (IMF) and affiliation not provided to SSRN
Downloads 297 (171,021)

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WP, transition probability, Currency crisis, Contagion, Indonesia, Markov-switching models, crisis state, Indonesia's MPI, pressure in Thailand, exchange rate pressure, forecasted values, crisis in Indonesia, exchange rate crisis, confidence index, overvalued exchange rate, MSM result, MPIS from Thailand, Exchange rates, Real effective exchange rates, Probit models, Stock markets, Asia and Pacific, Global, East Asia, South Asia

7.

Eurosclerosis or Financial Collapse: Why Did Swedish Incomes Fall Behind?

IMF Working Paper No. 2005/029
Number of pages: 27 Posted: 07 Mar 2005
Valerie Cerra and Sweta Saxena
International Monetary Fund (IMF) and affiliation not provided to SSRN
Downloads 287 (177,285)
Citation 1

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WP, per capita income

8.

Crouching Tiger, Hidden Dragon: What are the Consequences of China's WTO Entry for India's Trade?

IMF Working Paper No. 05/101
Number of pages: 33 Posted: 26 Jul 2005
Valerie Cerra, Sandra A. Rivera and Sweta C. Saxena
International Monetary Fund (IMF), U.S. International Trade Commission, Economic Research Division and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 278 (183,157)

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China, India, Trade, World Trade Organization (WTO), CGE models

9.

Hysteresis and Business Cycles

Downloads 256 (198,954)
Citation 11

Hysteresis and Business Cycles

IMF Working Paper No. 20/73
Number of pages: 51 Posted: 18 Jun 2020
Valerie Cerra, A. Fatas and Sweta Saxena
International Monetary Fund (IMF), affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 255 (198,869)
Citation 7

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Economic forecasting, Economic theory, Supply and demand, Business cycles, Economic policy, growth, hysteresis, economic model, macroeconomic policy, persistence, stabilization policy, macroeconomy, booms, crises, recovery, covid, pandemic, WP, technology shock, business cycle

Hysteresis and Business Cycles

CEPR Discussion Paper No. DP14531
Number of pages: 51 Posted: 08 May 2020
Valerie Cerra, Antonio Fatás and Sweta Saxena
International Monetary Fund (IMF), INSEAD and affiliation not provided to SSRN
Downloads 1 (1,063,377)
Citation 4
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Booms, business cycles, Crises, growth, hysteresis, Macroeconomic Policy, Persistence, recovery, Stabilization Policy

10.

Inflation and the Black Market Exchange Rate in a Repressed Market: A Model of Venezuela

IMF Working Paper No. 16/159
Number of pages: 53 Posted: 09 Dec 2016
Valerie Cerra
International Monetary Fund (IMF)
Downloads 183 (272,354)

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Inflation, Venezuela, Fiscal policy, Monetary policy, Devaluation, Official exchange market rates, Shadow economy, Consumer goods, General equilibrium models, inflation; black market; exchange rate; Venezuela; foreign exchange rationing;scarcity; cash in advance constraint; oil revenue; fiscal dominance

11.

Crouching Tiger, Hidden Dragon: What are the Consequences of China's WTO Entry for India's Trade?

IMF Working Paper No. 05/101
Number of pages: 33 Posted: 03 Mar 2006
Valerie Cerra, Sandra A. Rivera and Sweta C. Saxena
International Monetary Fund (IMF), U.S. International Trade Commission, Economic Research Division and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 164 (299,291)

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China, India, Trade, World Trade Organization (WTO), CGE models

12.

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy

IMF Working Paper No. 08/204
Number of pages: 47 Posted: 12 Sep 2008
Serpil Tekin, Stephen J. Turnovsky and Valerie Cerra
University of Washington, University of Washington - Institute for Economic Research and International Monetary Fund (IMF)
Downloads 160 (305,529)
Citation 2

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Working Paper, Aid flows, Real effective exchange rates, Imports, Fiscal policy, External debt, Capital accumulation, Trade, Economic models

13.

The Monetary Model Strikes Back: Evidence from the World

IMF Working Paper No. 08/73
Number of pages: 43 Posted: 02 Apr 2008
Valerie Cerra and Sweta Chaman Saxena
International Monetary Fund (IMF) and affiliation not provided to SSRN
Downloads 156 (312,119)
Citation 1

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Working Paper

14.

International Evidence on Recovery from Recessions

IMF Working Paper No. 09/183
Number of pages: 31 Posted: 17 Sep 2009
Valerie Cerra, Ugo Panizza and Sweta Chaman Saxena
International Monetary Fund (IMF), United Nations - Conference on Trade and Development (UNCTAD) and affiliation not provided to SSRN
Downloads 154 (315,623)
Citation 5

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Banking crisis, Business cycles, Concessional aid, Developed countries, Economic growth, Economic recession, Economic recovery, Emerging markets, Exchange rate regimes, External shocks, Fiscal policy, Monetary policy, Real effective exchange rates, Trade policy

15.

Did Output Recover from the Asian Crisis?

IMF Working Paper No. 03/48
Number of pages: 26 Posted: 15 Feb 2004
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 154 (315,623)
Citation 6

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Asia, crisis, business cycles, recovery, Indonesia, Hong Kong, Korea, Malaysia, Philippines, Singapore

16.

Highways to Heaven: Infrastructure Determinants and Trends in Latin America and the Caribbean

IMF Working Paper No. 16/185
Number of pages: 42 Posted: 09 Dec 2016
Valerie Cerra, Alfredo Cuevas, Carlos Góes, Izabela Karpowicz, Troy Matheson, Issouf Samaké and Svetlana Vtyurina
International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF), Government of New Zealand - Department of Economics, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 99 (439,208)

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Infrastructure, Latin America, Caribbean, Transportation, Electricity, Energy, Communications services, Fiscal policy, Public investment, Public-private partnership, Private sector, Environmental sustainability, Cross country analysis, Latin America and the Caribbean, infrastructure, public investment, investmentefficiency, public-private partnerships.

17.

How Competitive is Irish Manufacturing?

Downloads 85 (470,259)

How Competitive is Irish Manufacturing?

IMF Working Paper No. 02/160
Number of pages: 12 Posted: 02 Feb 2006
Valerie Cerra and Jarkko Soikkeli
International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 85 (488,477)

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Ireland competitiveness unit labor costs real exchange rate employment

How Competitive is Irish Manufacturing?

Economic and Social Review, Vol. 34, No. 2, pp. 173-93, 2003
Posted: 15 Feb 2004
Valerie Cerra, Jarkko Soikkeli and Sweta C. Saxena
International Monetary Fund (IMF), International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department

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Ireland, competitiveness, unit labor costs, real exchange rate, employment

18.

Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications

IMF Working Paper No. 17/250
Number of pages: 32 Posted: 01 Feb 2018
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 72 (532,600)
Citation 3

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Business cycles, Financial crises, Potential output, Fiscal policy, Monetary policy, Macroprudential Policy, booms, crises, recoveries, business cycle, output gap, growth, foreign reserves, macro-prudential policy, Global Financial Crisis, Open Economy Macroeconomics, Macroeconomic Analyses of Economic Development

19.

Trade, Jobs, and Inequality

IMF Working Paper No. 2021/178
Number of pages: 44 Posted: 04 Feb 2022
kim Beaton, Valerie Cerra and Metodij Hadzi-Vaskov
Independent, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 41 (689,953)

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import competition, employment growth, import shock, firm investment, firm profitability, Imports, Employment, Competition, Wages, Income inequality, Global

20.

Financial Crises, Investment Slumps, and Slow Recoveries

IMF Working Paper No. 2021/170
Number of pages: 30 Posted: 04 Feb 2022
Valerie Cerra, Mai Hakamada and Ruy Lama
International Monetary Fund (IMF), University of California, Santa Cruz, Division of Social Sciences, Department of Economics, Students and International Monetary Fund (IMF)
Downloads 41 (689,953)

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Medium-term TFP loss, impulse response, investment dynamics, hysteresis effect, aftermath of a financial crises, Total factor productivity, Global financial crisis of 2008-2009, Banking crises, Self-employment, Global

21.

Launching Export Accelerations in Latin America and the World

IMF Working Paper No. 17/43
Number of pages: 69 Posted: 25 Apr 2017
Valerie Cerra and Martha Tesfaye Woldemichael
International Monetary Fund (IMF) and Fondation Pour les Etudes et Recherches Sur le Développement International (FERDI)
Downloads 24 (815,512)

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Trade, Unemployment, export accelerations, growth, inequality, probit, synthetic control method, Latin America and the Caribbean; globalization, Latin America and the Caribbean, globalization, Country and Industry Studies of Trade, Economic Growth of Open Economies, General

22.

What Caused the 1991 Currency Crisis in India?

IMF Staff Papers, Vol. 49, No. 3, pp. 395-425, 2002
Posted: 16 Feb 2004
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department

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India, Currency Crisis, Equilibrium exchange rate, error correction model, Gonzalo-Granger decomposition

23.

How Responsive is Chinese Export Supply to Market Signals?

Posted: 15 Feb 2004
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department

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China, Trade, Export elasticities, Structural reform