Valerie Cerra

International Monetary Fund (IMF)

700 19th Street NW

Washington, DC 20431

United States

SCHOLARLY PAPERS

24

DOWNLOADS
Rank 13,696

SSRN RANKINGS

Top 13,696

in Total Papers Downloads

5,153

SSRN CITATIONS
Rank 2,780

SSRN RANKINGS

Top 2,780

in Total Papers Citations

414

CROSSREF CITATIONS

62

Scholarly Papers (24)

1.
Downloads 935 ( 35,366)
Citation 133

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 523 (75,035)
Citation 133

Abstract:

Loading...

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 215 (197,565)
Citation 5

Abstract:

Loading...

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 197 (214,254)
Citation 2

Abstract:

Loading...

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 749 (47,845)

Abstract:

Loading...

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 602 (63,557)

Abstract:

Loading...

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

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 215 (197,565)

Abstract:

Loading...

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 125 (312,048)
Citation 4

Abstract:

Loading...

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

5.

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 289 (148,241)

Abstract:

Loading...

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

6.

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 287 (149,313)
Citation 1

Abstract:

Loading...

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

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 285 (150,334)

Abstract:

Loading...

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 263 (162,993)

Abstract:

Loading...

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

9.
Downloads 218 (195,378)
Citation 2

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 217 (195,899)
Citation 1

Abstract:

Loading...

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 (930,537)
Citation 1
  • Add to Cart

Abstract:

Loading...

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 168 (245,836)

Abstract:

Loading...

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 146 (275,907)

Abstract:

Loading...

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

12.

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 144 (278,936)
Citation 1

Abstract:

Loading...

Working Paper

13.

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 140 (285,118)
Citation 2

Abstract:

Loading...

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

14.

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 137 (289,970)
Citation 6

Abstract:

Loading...

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

15.
Downloads 135 (293,269)
Citation 11

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 131 (301,190)
Citation 1

Abstract:

Loading...

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

International Evidence on Recovery from Recessions

Contemporary Economic Policy, Vol. 31, Issue 2, pp. 424-439, 2013
Number of pages: 16 Posted: 26 Feb 2013
Valerie Cerra, Ugo Panizza and Sweta C. Saxena
International Monetary Fund (IMF), Graduate Institute of International and Development Studies (IHEID) - Department of Economics and International Monetary Fund (IMF)
Downloads 4 (886,276)
Citation 7

Abstract:

Loading...

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
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 76 (427,667)

Abstract:

Loading...

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.

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 71 (449,169)

Abstract:

Loading...

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

Abstract:

Loading...

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 63 (475,487)
Citation 2

Abstract:

Loading...

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 34 (605,271)

Abstract:

Loading...

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

20.

Contagion, Monsoons, and Domestic Turmoil in Indonesia's Currency Crisis

Number of pages: 9 Posted: 31 Dec 2002
Valerie Cerra and Sweta C. Saxena
International Monetary Fund (IMF) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 32 (617,148)

Abstract:

Loading...

21.

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 27 (649,417)

Abstract:

Loading...

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

22.

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 12 (770,639)

Abstract:

Loading...

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

23.

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

Abstract:

Loading...

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

24.

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

Abstract:

Loading...

China, Trade, Export elasticities, Structural reform