Pierre-Olivier Gourinchas

University of California, Berkeley - Department of Economics

549 Evans Hall #3880

Berkeley, CA 94720-3880

United States

http://sites.google.com/view/pgourinchas

University of California, Berkeley - Economic Analysis & Policy Group

Berkeley, CA 94720

United States

http://sites.google.com/view/pgourinchas

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

http://www.nber.org/people/pierre-olivier_gourinchas

Centre for Economic Policy Research (CEPR)

SCHOLARLY PAPERS

40

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4,636

SSRN CITATIONS
Rank 146

SSRN RANKINGS

Top 146

in Total Papers Citations

1,368

CROSSREF CITATIONS

2,929

Scholarly Papers (40)

1.

Born Out of Necessity: A Debt Standstill for COVID-19

Center for Economic Policy Research; Policy Insight No. 103 (2020), Duke Law School Public Law & Legal Theory Series No. 2020-23
Number of pages: 11 Posted: 28 Apr 2020 Last Revised: 13 May 2020
Columbia University - Columbia Business School, Economics, Center for Contract and Economic Organization, University of California, Berkeley - Department of Economics, University of Virginia School of Law, University of Chicago - Booth School of Business, United Nations - Conference on Trade and Development (UNCTAD) and Graduate Institute Geneva, IHEIDGraduate Institute Geneva, IHEID
Downloads 624 (60,704)
Citation 8

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debt standstill, COVID-19, sovereign debt

2.

Global Safe Assets

BIS Working Paper No. 399
Number of pages: 68 Posted: 12 Apr 2013
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and Johns Hopkins University - Department of Economics
Downloads 410 (101,175)
Citation 6

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safe assets, dollar, euro, liquidity trap, government debt crisis

An Equilibrium Model of Global Imbalances and Low Interest Rates

MIT Department of Economics Working Paper No. 06-02
Number of pages: 55 Posted: 20 Jan 2006
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 310 (136,986)
Citation 26

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Current account deficits, capital flows, interest rates, global portfolios and equilibrium, growth and financial development asymmetries, exchange rates, FDI, intermediation rents

An Equilibrium Model of "Global Imbalances" and Low Interest Rates

NBER Working Paper No. w11996
Number of pages: 54 Posted: 01 Jun 2006 Last Revised: 13 Apr 2022
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 66 (466,843)
Citation 29

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4.
Downloads 266 (161,086)
Citation 182

International Financial Adjustment

UC Berkeley Center for International and Development Economic Research Working Paper No. C05-139
Number of pages: 47 Posted: 12 May 2005
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 171 (242,514)
Citation 22

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Meese-Rogoff, external adjustment, net foreign assets, valuation

International Financial Adjustment

NBER Working Paper No. w11155
Number of pages: 44 Posted: 22 Mar 2005 Last Revised: 26 Jun 2022
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 73 (442,173)
Citation 52

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International Financial Adjustment

Number of pages: 46 Posted: 21 Jun 2005
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 22 (707,360)
Citation 7
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Exchange rates, external adjustment, MeeseRogoff, net foreign assets, valuation

International Financial Adjustment

Journal of Political Economy, Vol. 115, No. 4, 2007
Posted: 21 Dec 2007
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School

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Capital Flows to Developing Countries: The Allocation Puzzle

Peterson Institute for International Economics Working Paper No. 09-12
Number of pages: 48 Posted: 19 Nov 2009 Last Revised: 26 Oct 2011
Olivier Jeanne and Pierre-Olivier Gourinchas
International Monetary Fund (IMF) - Research Department and University of California, Berkeley - Department of Economics
Downloads 181 (230,868)
Citation 5

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Capital Flows, Productivity, Growth

Capital Flows to Developing Countries: The Allocation Puzzle

NBER Working Paper No. w13602
Number of pages: 54 Posted: 14 Nov 2007 Last Revised: 03 Mar 2022
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 72 (445,597)
Citation 20

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Capital Flows to Developing Countries: The Allocation Puzzle

CEPR Discussion Paper No. DP6561
Number of pages: 56 Posted: 06 Jun 2008
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 9 (829,546)
Citation 15
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capital flows, Lucas puzzle

6.

An Equilibrum Model of 'Global Imbalances' and Low Interest Rates

BIS Working Paper No. 222
Number of pages: 88 Posted: 20 Sep 2007
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 235 (181,809)

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Current account deficits, capital flows, interest rates, global portfolios and equilibrium, growth and financial development asymmetries, exchange rates, FDI, intermediation rents

7.

Rents, Technical Change, and Risk Premia

MIT Department of Economics Working Paper No. 17-05
Number of pages: 13 Posted: 24 Mar 2017
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 205 (206,728)

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The Elusive Gains from International Financial Integration

IMF Working Paper No. 04/74
Number of pages: 47 Posted: 15 Feb 2006
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 124 (313,858)
Citation 5

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Capital flows, international financial integration, growth, capital scarcity, neoclassical model, human capital

The Elusive Gains from International Financial Integration

NBER Working Paper No. w9684
Number of pages: 42 Posted: 11 May 2003 Last Revised: 19 Jun 2022
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 50 (533,629)
Citation 12

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The Elusive Gains from International Financial Integration

Number of pages: 43 Posted: 26 Jun 2003
Pierre-Olivier Gourinchas and Olivier Jeanne
University of California, Berkeley - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 26 (675,142)
Citation 73
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International financial integration, capital flows, development accounting, convergence

Estimating SME Failures in Real Time: An Application to the Covid-19 Crisis

NBER Working Paper No. w27877
Number of pages: 42 Posted: 28 Sep 2020 Last Revised: 21 May 2022
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and Government of Canada - Bank of Canada
Downloads 151 (269,211)

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COVID-19 and SME Failures

FRB Atlanta Working Paper No. 2020-21
Number of pages: 55 Posted: 20 Apr 2021
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and University of California, Berkeley
Downloads 32 (632,478)

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Estimating SME Failures in Real Time: An Application to the Covid-19 Crisis

CEPR Discussion Paper No. DP15323
Number of pages: 44 Posted: 03 Nov 2020 Last Revised: 04 Feb 2022
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and Government of Canada - Bank of Canada
Downloads 2 (913,434)
Citation 5
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bankruptcy, business failure, COVID-19, SMEs

Global Imbalances and Policy Wars at the Zero Lower Bound

Number of pages: 67 Posted: 09 Mar 2020
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 78 (425,860)

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Liquidity and Safety Traps, Safe Assets, Global Recession, Currency Wars, Trade Wars, Current Account, Capital Flows, Reserve Currency, Secular Stagnation, Public Debt, Fiscal Policy, Balanced Budget

Global Imbalances and Policy Wars at the Zero Lower Bound

NBER Working Paper No. w21670
Number of pages: 70 Posted: 26 Oct 2015 Last Revised: 19 Mar 2022
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 68 (459,659)
Citation 3

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Global Imbalances and Currency Wars at the ZLB

CEPR Discussion Paper No. DP10905
Number of pages: 68 Posted: 28 Oct 2015
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 1 (930,046)
Citation 12
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capital flows, current account, exhorbitant privilege, forward guidance, inflation rate, interest rates, liquidity and safety traps, recessions, reserve currency, safe assets, secular stagnation, Taylor rule, uncovered interest parity

Global Imbalances and Policy Wars at the Zero Lower Bound

CEPR Discussion Paper No. DP14424
Number of pages: 70 Posted: 03 Mar 2020
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
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11.
Downloads 144 (278,850)
Citation 4

Global Real Rates: A Secular Approach

BIS Working Paper No. 793
Number of pages: 79 Posted: 12 Aug 2019
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 143 (281,327)
Citation 4

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real interest rates, consumption-wealth ratio, financial boom-bust cycle

Global Real Rates: A Secular Approach

CEPR Discussion Paper No. DP16941
Number of pages: 65 Posted: 04 Feb 2022
Pierre-Olivier Gourinchas, Hélène Rey and Maxime Sauzet
University of California, Berkeley - Department of Economics, London Business School and Boston University, Questrom School of Business
Downloads 1 (930,046)
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From World Banker to World Venture Capitalist: Us External Adjustment and the Exorbitant Privilege

NBER Working Paper No. w11563
Number of pages: 44 Posted: 05 Oct 2005 Last Revised: 07 Aug 2022
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 105 (353,278)
Citation 14

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From World Banker to World Venture Capitalist: Us External Adjustment and the Exorbitant Privilege

CEPR Discussion Paper No. 5220
Number of pages: 46 Posted: 07 Oct 2005
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 35 (613,609)
Citation 5
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Gross positions, net foreign assets, trade adjustment channel, financial adjustment channel, dollar exchange rate, sustainability

13.

Financial Crash, Commodity Prices and Global Imbalances

NBER Working Paper No. w14521
Number of pages: 61 Posted: 08 Dec 2008 Last Revised: 07 Mar 2021
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 134 (294,820)
Citation 4

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14.
Downloads 119 (321,835)
Citation 429

Consumption Over the Life Cycle

NBER Working Paper No. w7271
Number of pages: 50 Posted: 30 Apr 2000 Last Revised: 16 May 2021
Jonathan A. Parker and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California, Berkeley - Department of Economics
Downloads 98 (369,903)
Citation 4

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Consumption Over the Life-Cycle

Number of pages: 54 Posted: 04 May 2001
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 21 (715,694)
Citation 71
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Buffer stocks, life cycle, precautionary savings, simulated moments

Consumption Over the Life Cycle

Posted: 10 Nov 2003
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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15.
Downloads 101 (359,940)
Citation 92

Lending Booms: Latin America and the World

NBER Working Paper No. w8249
Number of pages: 61 Posted: 19 Apr 2001 Last Revised: 16 Jan 2022
Pierre-Olivier Gourinchas, Rodrigo Valdés and Oscar Landerretche
University of California, Berkeley - Department of Economics, Central Bank of Chile and Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 73 (442,173)

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Lending Booms: Latin America and the World

Number of pages: 66 Posted: 30 May 2001
Pierre-Olivier Gourinchas, Rodrigo Valdés and Oscar Landerretche
University of California, Berkeley - Department of Economics, Central Bank of Chile and Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 28 (660,196)
Citation 29
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Balance-of-payment crises, banking crisis, credit boom, lending boom, macroeconomic performance, Latin America

Covid-19 and Smes: A 2021 "Time Bomb"?

NBER Working Paper No. w28418
Number of pages: 10 Posted: 01 Feb 2021 Last Revised: 21 May 2022
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and Government of Canada - Bank of Canada
Downloads 61 (486,229)

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Covid-19 and Smes: A 2021 &Quot;Time Bomb&Quot;?

FRB Atlanta Working Paper No. 2021-6
Number of pages: 8 Posted: 14 May 2021
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and University of California, Berkeley
Downloads 34 (619,707)

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17.
Downloads 95 (374,191)
Citation 2

Estimating the Border Effect: Some New Evidence

Federal Reserve Bank of Boston Working Paper No. 09-10
Number of pages: 52 Posted: 19 Sep 2009
Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh and Nicholas Li
International Monetary Fund (IMF), University of California, Berkeley - Department of Economics, University of Chicago - Booth School of Business and University of Toronto - Department of Economics
Downloads 57 (502,488)

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Estimating the Border Effect: Some New Evidence

NBER Working Paper No. w14938
Number of pages: 51 Posted: 03 May 2009 Last Revised: 27 Apr 2022
Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh and Nicholas Li
International Monetary Fund (IMF), University of California, Berkeley - Department of Economics, University of Chicago - Booth School of Business and University of Toronto - Department of Economics
Downloads 34 (619,707)
Citation 1

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Estimating the Border Effect: Some New Evidence

CEPR Discussion Paper No. DP7281
Number of pages: 53 Posted: 15 Jul 2009
Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh and Nicholas Li
International Monetary Fund (IMF), University of California, Berkeley - Department of Economics, University of Chicago - Booth School of Business and University of Toronto - Department of Economics
Downloads 4 (885,825)
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barcode data, border effect, law of one price, market segmentation

18.

Dominant Currency Paradigm: A New Model for Small Open Economies

IMF Working Paper No. 17/264
Number of pages: 63 Posted: 18 Jan 2018
Camila Casas, Federico J. Díez, Gita Gopinath and Pierre-Olivier Gourinchas
Central Bank of Colombia, Federal Reserve Bank of Boston, International Monetary Fund (IMF) and University of California, Berkeley - Department of Economics
Downloads 90 (387,111)
Citation 2

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Small open economies, Currency, General

19.
Downloads 82 (409,265)
Citation 15

When Bonds Matter: Home Bias in Goods and Assets

Number of pages: 60 Posted: 26 Oct 2011 Last Revised: 02 Nov 2011
Nicolas Coeurdacier and Pierre-Olivier Gourinchas
London Business School and University of California, Berkeley - Department of Economics
Downloads 53 (519,807)

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International risk sharing, International portfolios, Equity home bias

When Bonds Matter: Home Bias in Goods and Assets

NBER Working Paper No. w17560
Number of pages: 63 Posted: 04 Nov 2011 Last Revised: 26 Jun 2022
Nicolas Coeurdacier and Pierre-Olivier Gourinchas
London Business School and University of California, Berkeley - Department of Economics
Downloads 26 (675,142)
Citation 2

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When Bonds Matter: Home Bias in Goods and Assets

CEPR Discussion Paper No. DP8649
Number of pages: 63 Posted: 24 Nov 2011
Nicolas Coeurdacier and Pierre-Olivier Gourinchas
London Business School and University of California, Berkeley - Department of Economics
Downloads 3 (898,760)
Citation 3
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Equity home bias, International portfolios, International risk sharing

20.
Downloads 76 (427,552)
Citation 248

Stories of the Twentieth Century for the Twenty-First

NBER Working Paper No. w17252
Number of pages: 70 Posted: 29 Jul 2011 Last Revised: 21 Feb 2021
Pierre-Olivier Gourinchas and Maurice Obstfeld
University of California, Berkeley - Department of Economics and University of California, Berkeley
Downloads 70 (452,562)
Citation 13

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Stories of the Twentieth Century for the Twenty-First

CEPR Discussion Paper No. DP8518
Number of pages: 72 Posted: 12 Aug 2011
Pierre-Olivier Gourinchas and Maurice Obstfeld
University of California, Berkeley - Department of Economics and University of California, Berkeley
Downloads 6 (862,371)
Citation 50
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banking crisis, Credit boom, currency crisis, emerging markets, leverage, sovereign default

21.
Downloads 71 (443,573)
Citation 6

Exchange Rate Dynamics, Learning and Misperception

NBER Working Paper No. w9391
Number of pages: 57 Posted: 14 Dec 2002 Last Revised: 28 Feb 2022
Pierre-Olivier Gourinchas and Aaron Tornell
University of California, Berkeley - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 47 (547,907)

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Exchange Rate Dynamics, Learning and Misperception

Number of pages: 59 Posted: 14 Feb 2003
Pierre-Olivier Gourinchas and Aaron Tornell
University of California, Berkeley - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 24 (690,843)
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Forward premium puzzle, delayed overshooting, predictable returns, monetary policy

22.
Downloads 59 (486,943)
Citation 22

The Empirical Importance of Precautionary Saving

NBER Working Paper No. w8107
Number of pages: 15 Posted: 03 Feb 2001 Last Revised: 26 Feb 2022
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 43 (568,387)

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The Empirical Importance of Precautionary Saving

Number of pages: 19 Posted: 13 Apr 2001
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 16 (759,677)
Citation 3
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Consumption, fluctuations, incomplete markets, insurance, precautionary saving, saving, wealth accumulation

23.

Dollar Pricing Redux

BIS Working Paper No. 653
Number of pages: 55 Posted: 12 Aug 2017
Camila Casas, Federico J. Díez, Gita Gopinath and Pierre-Olivier Gourinchas
Central Bank of Colombia, Federal Reserve Bank of Boston, International Monetary Fund (IMF) and University of California, Berkeley - Department of Economics
Downloads 52 (515,424)

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dominant currency, terms of trade, pass-through, monetary policy

24.

Social Security and Inequality Over the Life Cycle

NBER Working Paper No. w7570
Number of pages: 44 Posted: 18 Apr 2000 Last Revised: 10 Mar 2022
Angus Deaton, Pierre-Olivier Gourinchas and Christina H. Paxson
Princeton University, University of California, Berkeley - Department of Economics and Princeton University
Downloads 52 (515,424)

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25.

Fiscal Policy in the Age of Covid: Does it ‘Get in All of the Cracks?’

NBER Working Paper No. w29293
Number of pages: 80 Posted: 28 Sep 2021 Last Revised: 20 Jul 2022
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and University of California, Berkeley
Downloads 45 (547,268)

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External Adjustment, Global Imbalances and Valuation Effects

NBER Working Paper No. w19240
Number of pages: 71 Posted: 19 Jul 2013 Last Revised: 29 Jul 2022
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 42 (573,724)
Citation 27

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External Adjustment, Global Imbalances and Valuation Effects

CEPR Discussion Paper No. DP9566
Posted: 24 Jul 2013
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School

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Capital Flows, International Finance, International Monetary System

27.

Dominant Currency Paradigm

NBER Working Paper No. w22943
Number of pages: 86 Posted: 19 Dec 2016 Last Revised: 11 Mar 2022
Central Bank of Colombia, Federal Reserve Bank of Boston, International Monetary Fund (IMF), University of California, Berkeley - Department of Economics and Harvard University - Department of Economics
Downloads 39 (577,436)
Citation 40

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The Financial Crisis and the Geography of Wealth Transfers

NBER Working Paper No. w17353
Number of pages: 60 Posted: 29 Aug 2011 Last Revised: 02 Jun 2022
Pierre-Olivier Gourinchas, Hélène Rey and Kai Truempler
University of California, Berkeley - Department of Economics, London Business School and affiliation not provided to SSRN
Downloads 36 (607,543)

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The Financial Crisis and the Geography of Wealth Transfers

CEPR Discussion Paper No. DP8567
Number of pages: 58 Posted: 16 Sep 2011
Pierre-Olivier Gourinchas, Hélène Rey and Kai Truempler
University of California, Berkeley - Department of Economics, London Business School and affiliation not provided to SSRN
Downloads 2 (913,434)
Citation 11
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global financial crisis, international monetary system, reserve currency, valuation effects

29.

Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares

NBER Working Paper No. w23127
Number of pages: 13 Posted: 07 Feb 2017 Last Revised: 12 Mar 2022
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 37 (588,177)
Citation 24

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30.

Exchange Rate Dynamics and Learning

NBER Working Paper No. w5530
Number of pages: 67 Posted: 21 May 1998 Last Revised: 11 Feb 2022
Pierre-Olivier Gourinchas and Aaron Tornell
University of California, Berkeley - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 37 (588,177)

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31.
Downloads 30 (629,464)
Citation 18

The Analytics of the Greek Crisis

NBER Working Paper No. w22370
Number of pages: 72 Posted: 27 Jun 2016 Last Revised: 14 Feb 2022
Pierre-Olivier Gourinchas, Thomas Philippon and Dimitri Vayanos
University of California, Berkeley - Department of Economics, New York University (NYU) - Department of Finance and London School of Economics
Downloads 29 (652,990)
Citation 2

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The Analytics of the Greek Crisis

CEPR Discussion Paper No. DP11334
Number of pages: 74 Posted: 20 Jun 2016
Pierre-Olivier Gourinchas, Thomas Philippon and Dimitri Vayanos
University of California, Berkeley - Department of Economics, New York University (NYU) - Department of Finance and London School of Economics
Downloads 1 (930,046)
Citation 14
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bank-sovereign loop, DSGE model, fiscal contraction, Greek crisis, price rigidities, sovereign default, sudden stop

Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound

NBER Working Paper No. w22618
Number of pages: 50 Posted: 12 Sep 2016 Last Revised: 21 Apr 2022
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
Downloads 29 (652,990)
Citation 2

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Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound

CEPR Discussion Paper No. DP11503
Number of pages: 52 Posted: 20 Sep 2016
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
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real interest rates, secular stagnation, Triffin dilemma

33.
Downloads 27 (649,215)
Citation 40

Safe Asset Scarcity and Aggregate Demand

NBER Working Paper No. w22044
Number of pages: 12 Posted: 01 Mar 2016 Last Revised: 27 Mar 2022
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 27 (667,499)
Citation 14

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Safe Asset Scarcity and Aggregate Demand

CEPR Discussion Paper No. DP11170
Number of pages: 13 Posted: 18 Apr 2016
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of California, Berkeley - Department of Economics
Downloads 0
Citation 9
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34.

An Equilibrium Model of 'Global Imbalances' and Low Interest Rates

CEPR Discussion Paper No. 5573
Number of pages: 57 Posted: 27 Jun 2006
Pierre-Olivier Gourinchas, Ricardo J. Caballero and Emmanuel Farhi
University of California, Berkeley - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Harvard University - Department of Economics
Downloads 27 (649,215)
Citation 47
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Current account deficits, capital flows, interest rates, global portfolios and equilibrium, growth and financial development asymmetries, exchange rates, FDI, intermediation rents

Exchange Rates and Jobs: What Do We Learn from Job Flows?

NBER Working Paper No. w6864
Number of pages: 75 Posted: 27 Aug 2000 Last Revised: 04 Apr 2022
Pierre-Olivier Gourinchas
University of California, Berkeley - Department of Economics
Downloads 25 (682,882)
Citation 1

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Exchange Rates and Jobs: What Do We Learn from Job Flows?

Posted: 07 Apr 1999
Pierre-Olivier Gourinchas
University of California, Berkeley - Department of Economics

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36.
Downloads 23 (678,231)
Citation 14

The International Monetary and Financial System

NBER Working Paper No. w25782
Number of pages: 47 Posted: 30 Apr 2019 Last Revised: 13 Jun 2021
Pierre-Olivier Gourinchas, Hélène Rey and Maxime Sauzet
University of California, Berkeley - Department of Economics, London Business School and Boston University, Questrom School of Business
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The International Monetary and Financial System

CEPR Discussion Paper No. DP13714
Number of pages: 49 Posted: 07 May 2019
Pierre-Olivier Gourinchas, Hélène Rey and Maxime Sauzet
University of California, Berkeley - Department of Economics, London Business School and Boston University, Questrom School of Business
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Citation 11
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Exchange Rates, External assets and liabilities, Global financial cycle, International adjustment, International Currencies, Triffin dilemma

The International Monetary and Financial System

Annual Review of Economics, Vol. 11, pp. 859-893, 2019
Posted: 04 Sep 2019
Pierre-Olivier Gourinchas, Hélène Rey and Maxime Sauzet
University of California, Berkeley - Department of Economics, London Business School and Boston University, Questrom School of Business

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The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis

NBER Working Paper No. w27403
Number of pages: 103 Posted: 22 Jun 2020 Last Revised: 18 May 2022
Pierre-Olivier Gourinchas, Philippe Martin and Todd Messer
University of California, Berkeley - Department of Economics, Sciences Po and Federal Reserve Board
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The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis

CEPR Discussion Paper No. DP14891
Number of pages: 105 Posted: 16 Jun 2020
Pierre-Olivier Gourinchas, Philippe Martin and Todd Messer
University of California, Berkeley - Department of Economics, Sciences Po and Federal Reserve Board
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A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers

NBER Working Paper No. w29875
Number of pages: 76 Posted: 28 Mar 2022 Last Revised: 02 Apr 2022
Pierre-Olivier Gourinchas, Walker Ray and Dimitri Vayanos
University of California, Berkeley - Department of Economics, London School of Economics & Political Science (LSE) - London School of Economics and London School of Economics
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A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers

CEPR Discussion Paper No. DP17119
Number of pages: 78 Posted: 29 Mar 2022
Pierre-Olivier Gourinchas, Walker Ray and Dimitri Vayanos
University of California, Berkeley - Department of Economics, London School of Economics & Political Science (LSE) - London School of Economics and London School of Economics
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Exchange Rates, interest rates, Limits of arbitrage, monetary policy

39.

Exorbitant Privilege and Exorbitant Duty

CEPR Discussion Paper No. DP16944
Number of pages: 80 Posted: 04 Feb 2022
Pierre-Olivier Gourinchas and Hélène Rey
University of California, Berkeley - Department of Economics and London Business School
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40.

Fiscal Policy in the Age of COVID: Does it 'Get in All of the Cracks?'

CEPR Discussion Paper No. DP16576
Number of pages: 82 Posted: 15 Nov 2021
University of California, Berkeley - Department of Economics, University of Maryland, Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Atlanta and Government of Canada - Bank of Canada
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