Fernando Broner

CREI

Senior Researcher

Ramon Trias Fargas, 25-27

Barcelona, 08005

Spain

http://www.crei.cat/people/broner

Barcelona GSE

Research Professor

Ramon Trias Fargas 25-27

Barcelona, 08005

Spain

Universitat Pompeu Fabra

Adjunct Professor

Ramon Trias Fargas, 25-27

Barcelona, 08005

Spain

http://www.crei.cat/people/broner

CEPR

Research Fellow

London

United Kingdom

  • CREI

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    • Tel: +34 93 542 2601

  • Barcelona GSE

    • Tel: +34 93 542 2601

  • Universitat Pompeu Fabra

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    • Tel: +34 93 542 2601

  • CEPR

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    • Tel: +34 93 542 2601
SCHOLARLY PAPERS

18

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2,462

SSRN CITATIONS
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Top 576

in Total Papers Citations

594

CROSSREF CITATIONS

1,145

Scholarly Papers (18)

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1.

Why are Capital Flows so Much More Volatile in Emerging than in Developed Countries?

Number of pages: 23 Posted: 01 Mar 2006
Fernando Broner and Roberto Rigobon
CREI and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 570 (67,301)
Citation 23

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Capital flows, emerging countries, volatility, crises, contagion, persistence

2.

Why Do Emerging Economies Borrow Short Term?

Downloads 426 ( 95,643)
Citation 93

Why Do Emerging Economies Borrow Short Term?

Number of pages: 64 Posted: 02 Sep 2004
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 229 (183,863)

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Emerging market debt, maturity structure, sovereign spreads, risk premium, term premium, financial crises

Why Do Emerging Economies Borrow Short Term?

UPF Economics and Business Working Paper 838
Number of pages: 64 Posted: 29 Nov 2005 Last Revised: 21 Jun 2013
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 146 (273,720)
Citation 1

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Emerging market debt, maturity structure,sovereign spreads, risk premium, term premium, financial crises

Why Do Emerging Economies Borrow Short Term?

NBER Working Paper No. w13076
Number of pages: 65 Posted: 27 Jun 2007 Last Revised: 26 Mar 2022
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 47 (542,150)
Citation 23

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Why Do Emerging Economies Borrow Short Term?

CEPR Discussion Paper No. DP6249
Number of pages: 67 Posted: 21 May 2008
Fernando Broner, Guido Lorenzoni and Sergio L. Schmukler
CREI, Northwestern University and World Bank - Development Research Group (DECRG)
Downloads 4 (870,064)
Citation 21
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emerging market debt, financial crises, investor risk aversion, maturity structure, risk premium, term premium

3.

Gross Capital Flows: Dynamics and Crises

Downloads 199 (209,997)
Citation 157

Gross Capital Flows: Dynamics and Crises

Banco de Espana Working Paper No. 1039
Number of pages: 52 Posted: 29 Apr 2011
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 114 (329,934)
Citation 7

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gross capital flows, net capital flows, domestic investors, foreign investors, crises

Gross Capital Flows: Dynamics and Crises

World Bank Policy Research Working Paper No. 5768
Number of pages: 50 Posted: 20 Apr 2016
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 81 (412,034)
Citation 1

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Emerging Markets, Macroeconomic Management, Economic Theory & Research, Debt Markets, Capital Flows

Gross Capital Flows: Dynamics and Crises

CEPR Discussion Paper No. DP8591
Number of pages: 51 Posted: 12 Oct 2011
Fernando Broner, Tatiana Didier, Aitor Erce and Sergio L. Schmukler
CREI, World Bank, UPNA and World Bank - Development Research Group (DECRG)
Downloads 4 (870,064)
Citation 49
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crises, domestic investors, foreign investors, gross capital flows, net capital flows

4.

Globalization and Risk Sharing

Downloads 186 (222,908)
Citation 32

Globalization and Risk Sharing

Number of pages: 36 Posted: 25 Feb 2006
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 121 (316,175)
Citation 6

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globalization, risk sharing, sovereign risk, domestic markets, international markets

Globalization and Risk Sharing

NBER Working Paper No. w12482
Number of pages: 47 Posted: 30 Aug 2006 Last Revised: 09 Feb 2022
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 40 (578,465)

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Globalization and Risk Sharing

CEPR Discussion Paper No. 5820
Number of pages: 49 Posted: 13 Oct 2006
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 25 (674,990)
Citation 3
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Globalization, risk sharing, sovereign risk, domestic markets, international markets

5.

Rethinking the Effects of Financial Liberalization

Downloads 172 (238,313)
Citation 22

Rethinking the Effects of Financial Liberalization

Number of pages: 25 Posted: 07 Apr 2009
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 116 (325,829)
Citation 3

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Financial liberalization, sovereign risk, enforcement, capital flows

Rethinking the Effects of Financial Liberalization

NBER Working Paper No. w16640
Number of pages: 51 Posted: 27 Dec 2010 Last Revised: 20 Jun 2022
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 54 (509,994)

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Rethinking the Effects of Financial Liberalization

CEPR Discussion Paper No. DP8171
Number of pages: 53 Posted: 18 Jan 2011
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2 (896,068)
Citation 9
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capital flows, economic growth, enforcement, financial liberalization, sovereign risk

6.

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

Downloads 148 (269,870)
Citation 56

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

IMF Working Paper No. 04/131
Number of pages: 35 Posted: 17 Sep 2004
Fernando Broner, Gaston Gelos, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart and Carmen Reinhart
CREI, International Monetary Fund and National Bureau of Economic Research (NBER)World BankCentre for Economic Policy Research (CEPR)International Monetary Fund (IMF)University of Maryland - School of Public AffairsHarvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA)Harvard University - Center for Business and GovernmentPeterson Institute for International Economics
Downloads 74 (434,202)

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Contagion, international investors, risk aversion, emerging markets, portfolio choice, financial crises

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

IMF Working Paper No. 04/131
Number of pages: 35 Posted: 15 Feb 2006
Fernando Broner and Gaston Gelos
CREI and International Monetary Fund
Downloads 42 (567,592)
Citation 1

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Contagion, risk aversion, emerging markets, portfolio choice, financial crises

When in Peril, Retrench: Testing the Portfolio Channel of Contagion

NBER Working Paper No. w10941
Number of pages: 36 Posted: 19 Dec 2004 Last Revised: 26 May 2022
Fernando Broner, Gaston Gelos, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart, Carmen Reinhart and Carmen Reinhart
CREI, International Monetary Fund and National Bureau of Economic Research (NBER)World BankCentre for Economic Policy Research (CEPR)International Monetary Fund (IMF)University of Maryland - School of Public AffairsHarvard University, Harvard Kennedy School (HKS), Belfer Center for Science and International Affairs (BCSIA)Harvard University - Center for Business and GovernmentPeterson Institute for International Economics
Downloads 32 (625,516)
Citation 36

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7.

Fiscal Multipliers and Foreign Holdings of Public Debt

Downloads 143 (277,382)
Citation 12

Fiscal Multipliers and Foreign Holdings of Public Debt

European Stability Mechanism Working Paper No. 30
Number of pages: 76 Posted: 30 Mar 2018
Fernando Broner, Daragh Clancy, Alberto Martin and Aitor Erce
CREI, European Stability Mechanism, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and UPNA
Downloads 98 (365,929)
Citation 13

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sovereign debt, fiscal multiplier, foreign holdings of public debt

Fiscal Multipliers and Foreign Holdings of Public Debt

ECB Working Paper No. 2255 (2019); ISBN 978-92-899-3517-3
Number of pages: 75 Posted: 27 Mar 2019
Fernando Broner, Daragh Clancy, Aitor Erce and Alberto Martin
CREI, European Stability Mechanism, UPNA and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 45 (552,022)

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sovereign debt, fiscal multiplier, foreign holdings of public debt

Fiscal Multipliers and Foreign Holdings of Public Debt

CEPR Discussion Paper No. DP12960
Number of pages: 77 Posted: 05 Jun 2018 Last Revised: 22 Oct 2018
Fernando Broner, Daragh Clancy, Aitor Erce and Alberto Martin
CREI, European Stability Mechanism, UPNA and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Fiscal Multiplier, Foreign Holdings of Public Debt, Sovereign debt

8.

Sovereign Risk, Anonymous Markets, and the Effects of Globalization

UPF Economics and Business Working Paper No. 837
Number of pages: 32 Posted: 29 Nov 2005
Fernando Broner and Jaume Ventura
CREI and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 87 (390,886)
Citation 1

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Financial integration, anonymous markets, sovereign risk, domestic markets, international markets

9.

Enforcement Problems and Secondary Markets

Downloads 75 (426,000)
Citation 6

Enforcement Problems and Secondary Markets

Number of pages: 12 Posted: 20 Sep 2007
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 48 (537,407)

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Enforcement, default, secondary markets, sovereign risk, weak law enforcement

Enforcement Problems and Secondary Markets

NBER Working Paper No. w13559
Number of pages: 13 Posted: 31 Oct 2007 Last Revised: 19 Jan 2022
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 25 (674,990)

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Enforcement Problems and Secondary Markets

CEPR Discussion Paper No. DP6498
Number of pages: 15 Posted: 02 Jun 2008
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2 (896,068)
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default, enforcement, secondary markets, sovereign risk, weak law enforcement

10.

Determining Underlying Macroeconomic Fundamentals During Emerging Market Crises: Are Conditions as Bad as They Seem?

Number of pages: 40 Posted: 17 Sep 2004
Mark Aguiar and Fernando Broner
Princeton University and CREI
Downloads 75 (426,000)

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11.

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

Downloads 73 (432,342)
Citation 6

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

Number of pages: 33 Posted: 17 Sep 2004
Fernando Broner
CREI
Downloads 62 (477,190)
Citation 3

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Currency crises, first generation models, private information, discrete devaluations, multiple equilibria

Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

CEPR Discussion Paper No. 5876
Number of pages: 38 Posted: 27 Dec 2006
Fernando Broner
CREI
Downloads 11 (797,365)
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Currency crises, first generation models, private information, discrete devaluations, multiple equilibria

12.

Sources of Comparative Advantage in Polluting Industries

Downloads 62 (470,443)
Citation 3

Sources of Comparative Advantage in Polluting Industries

NBER Working Paper No. w18337
Number of pages: 51 Posted: 25 Aug 2012 Last Revised: 07 Feb 2022
Fernando Broner, Paula Bustos and Vasco M. Carvalho
CREI, CREI; Universitat Pompeu Fabra and Universitat Pompeu Fabra/CREI
Downloads 59 (489,114)

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Sources of Comparative Advantage in Polluting Industries

CEPR Discussion Paper No. DP9111
Number of pages: 64 Posted: 28 Sep 2012
Vasco M. Carvalho, Fernando Broner and Paula Bustos
Universitat Pompeu Fabra/CREI, CREI and CREI; Universitat Pompeu Fabra
Downloads 3 (882,158)
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air pollution, comparative advantage, environmental regulation, international trade

13.

Winners and Losers from Sovereign Debt Inflows

Downloads 58 (489,654)
Citation 1

Winners and Losers from Sovereign Debt Inflows

Number of pages: 60 Posted: 08 Jan 2020 Last Revised: 11 May 2020
Fernando Broner, Alberto Martin, Lorenzo Pandolfi and Tomas Williams
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF) and George Washington University
Downloads 53 (518,891)
Citation 1

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sovereign debt; capital inflows; exchange rate; government bond yields; stock prices; emerging markets

Winners and Losers from Sovereign Debt Inflows

NBER Working Paper No. w27772
Number of pages: 73 Posted: 11 Sep 2020 Last Revised: 21 May 2022
Fernando Broner, Alberto Martin, Lorenzo Pandolfi and Tomas Williams
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), CSEF - University of Naples Federico II - Centre for Studies in Economics and Finance (CSEF) and George Washington University
Downloads 5 (858,929)

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14.

On the Timing of Balance of Payments Crises: Disaggregated Information and Interest Rate Policy

Number of pages: 47 Posted: 17 Sep 2004
Fernando Broner
CREI
Downloads 53 (505,848)
Citation 3

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Currency crises, timing, disaggregated information, interest rate defenses

15.

Sovereign Risk and Secondary Markets

Downloads 52 (510,072)
Citation 95

Sovereign Risk and Secondary Markets

NBER Working Paper No. w12783
Number of pages: 41 Posted: 23 Dec 2006 Last Revised: 06 Jun 2022
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 48 (537,407)

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Sovereign Risk and Secondary Markets

CEPR Discussion Paper No. 6055
Number of pages: 43 Posted: 28 Jun 2007
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 4 (870,064)
Citation 17
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Commitment, default penalties, international borrowing, international risk sharing, secondary markets, sovereign risk

16.

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

Downloads 41 (561,139)
Citation 94

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

Banco de Espana Working Paper No. 1402
Number of pages: 69 Posted: 15 Feb 2014
Fernando Broner, Alberto Martin, Jaume Ventura and Aitor Erce
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and UPNA
Downloads 28 (652,733)
Citation 5

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sovereign debt, discrimination, crowding out, rollover crises, economic growth

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

NBER Working Paper No. w19676
Number of pages: 63 Posted: 28 Nov 2013 Last Revised: 07 Apr 2022
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 13 (777,947)
Citation 14

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Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

CEPR Discussion Paper No. DP9761
Number of pages: 67 Posted: 25 Nov 2013
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 31
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crowding out, discrimination, economic growth, rollover crises, sovereign debt

17.

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out

IMF Working Paper No. 13/270
Number of pages: 64 Posted: 11 Feb 2014
Fernando Broner, Aitor Erce, Alberto Martin and Jaume Ventura
CREI, UPNA, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 38 (576,421)

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Sovereign debt, Europe, Spillovers, Financial crisis, Bond issues, Investment, Economic models, rollover crises, secondary markets, economic growth, domestic creditors, domestic debt, debt crises, public debt, debt crisis, debt maturity, stock of debt, debt problems, private credit, sovereign defaults, central banks, government debt, debt dynamics, sovereign debt crises, short-term debt, sovereign debt crisis, debt holders, amount of debt, foreign debt, sovereign debts, external borrowing, public debts, debt renegotiation, debt data, private creditors, liquidity crises, debt accumulation, repurchases, sovereign bonds, bilateral agreements, low debts, debt stocks, debt restructuring, reserve

18.

On Public Spending and Economic Unions

Downloads 4 (835,934)

On Public Spending and Economic Unions

NBER Working Paper No. w27831
Number of pages: 40 Posted: 21 Sep 2020 Last Revised: 18 Nov 2021
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 3 (882,158)
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On Public Spending and Economic Unions

CEPR Discussion Paper No. DP15309
Number of pages: 43 Posted: 22 Sep 2020
Fernando Broner, Alberto Martin and Jaume Ventura
CREI, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 1 (912,235)
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Crowding out, Economic union, Financial Frictions, Fiscal coordination, Public Spending, Spending externalities