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Recent Work

The Santa Cruz Center for International Economics (SCCIE) is a group of UCSC scholars working in the field of international economics, broadly defined to cover international finance, open economy macroeconomics, international trade, development economics (and linkages with environmental issues), and international political economy.

The objective of SCCIE is to broaden our understanding of international economic issues by sponsoring research, conferences, graduate studies, and the exchange of scholars.

We also support and participate in activities designed to bring greater public awareness and understanding to policy issues involving international economics. SCCIE supports public seminars, publication of working papers, and occasional public forums.

There are 61 publications in this collection, published between 2003 and 2009. Showing 1 - 50.

Aizenman, Joshua: On the paradox of prudential regulations in the globalized economy; International reserves and the crisis: a reassessment*, 2009

Aizenman, Joshua; Noy, Ilan: Prizes for Basic Research –Human Capital, Economic Might and the Shadow of History, 2006

Chinn, Menzie David; Frankel, Jeffrey A.: Will the Euro Eventually Surpass the Dollar As Leading International Reserve Currency?, 2006

Fatum, Rasmus; Hutchison, Michael M.: Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects, 2006

Mondria, Jordi; Wu, Thomas: The Puzzling Evolution of the Home Bias, Information Processing and Financial Openness, 2006

Wu, Thomas: Order Flow in the South: Anatomy of the Brazilian FX Market, 2006

Aizenman, Joshua: Ex ante carrots instead of ex post sticks: two examples, 2005

Aizenman, Joshua; Noy, Ilan: FDI and Trade – Two Way Linkages?, 2005

Aizenman, Joshua: Financial Liberalizations in Latin-America in the 1990s: A Reassessment, 2005

Aizenman, Joshua; Brooks, Eileen: Globalization and taste convergence: The cases of wine and beer, 2005

Aizenman, Joshua; LEE, JAEWOO: International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence, 2005

Chantasasawat, Busakorn; Fung, K. C.; Iizaka, Hitomi; Siu, Alan: FDI Flows to Latin America, East and Southeast Asia and China: Substitutes or Complements?, 2005

Chinn, Menzie David; Ito, Hiro: What Matters for Financial Development? Capital Controls, Institutions, and Interactions, 2005

Fung, K. C.; Garcia-Herrero, Alicia; Iizaka, Hitomi; Siu, Alan: Hard or Soft? Institutional Reforms and Infrastructure Spending as Determinants of Foreign Direct Investment in China, 2005

Fung, K. C.: Trade and Investment among China, the United States, and the Asia-Pacific Economies: An Invited Testimony to the U.S. Congressional Commission, 2005

Singh, Nirvikar: The Idea of South Asia and the Role of the Middle Class, 2005

Aizenman, Joshua; Lee, Yeonho; Rhee, Yeongseop: International reserves management and capital mobility in a volatile world: Policy considerations and a case study of Korea, 2004

Aizenman, Joshua; Pinto, Brian; Radziwill, Artur: Sources for Financing Domestic Capital - is Foreign Saving a Viable Option for Developing Countries?, 2004

Carolan, Terrie; Singh, Nirvikar: Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992, 2004

Chantasasawat, Busakorn; Fung, K. C.; Iizaka, Hitomi; Siu, Alan: The Giant Sucking Sound: Is China Diverting Foreign Direct Investments from Other Asian Economies?, 2004

Chinn, Menzie David; Fairlie, Robert W: The Determinants of the Global Digital Divide: A Cross-Country Analysis of Computer and Internet Penetration, 2004

Dekle, Robert; Kletzer, Kenneth: Deposit Insurance, Regulatory Forbearance and Economic Growth: Implications for the Japanese Banking Crisis, 2004

Fitzgerald, Doireann: Trade, Interdependence and Exchange Rates, 2004

Glick, Reuven; Guo, Xueyan; Hutchison, Michael M.: Currency Crises, Capital Account Liberalization, and Selection Bias, 2004

Hutchison, Michael M.; Noy, Ilan: Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets, 2004

Ito, Hiro: Is Financial Openness a Bad Thing? An Analysis on the Correlation Between Financial Liberalization and the Output Performance of Crisis-Hit Economies, 2004

Kletzer, Kenneth: Liberalizing Capital Flows in India: Financial Repression, Macroeconomic Policy and Gradual Reforms, 2004

Kletzer, Kenneth: Sovereign Debt, Volatility and Insurance, 2004

LeBlanc, Michael; Chinn, Menzie David: Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries, 2004

Matschke, Xenia: Labor Market Rigidities and the Political Economy of Trade Protection, 2004

Rao, M. Govinda; Singh, Nirvikar: Asymmetric Federalism in India, 2004

Rao, M. Govinda; Singh, Nirvikar: The Political Economy of India’s Federal System and its Reform, 2004

Singh, Nirvikar; Srinivasan, T. N.: Fiscal Policy in India: Lessons and Priorities, 2004

Singh, Nirvikar; Srinivasan, T. N.: Foreign Capital, Inflation, Sterilization, Crowding-Out and Growth: Some Illustrative Models, 2004

Singh, Nirvikar: India’s System of Intergovernmental Fiscal Relations, 2004

Singh, Nirvikar: Information Technology and Rural Development in India, 2004

Singh, Nirvikar; Vasishtha, Garima: Some Patterns in Center-State Fiscal Transfers in India: An Illustrative Analysis, 2004

Singh, Nirvikar: Transaction Costs, Information Technology and Development, 2004

Walsh, Carl E.: Implications of a Changing Economic Structure for the Strategy of Monetary Policy, 2004

Aizenman, Joshua; Marion, Nancy P.: International Reserve Holdings with Sovereign Risk and Costly Tax Collection, 2003

Aizenman, Joshua; Glick, Reuven: Military Expenditure, Threats, and Growth, 2003

Brooks, Eileen: Products and Prejudice: Measuring Country-of-Origin Bias in U.S. Wine Imports, 2003

Brooks, Eileen: Why Don’t Firms Export More? Product Quality and Colombian Plants, 2003

Cheung, Yin-Wong; Chinn, Menzie; Fujii, Eiji: China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration, 2003

Cheung, Yin-Wong; Chinn, Menzie; Fujii, Eiji: The Chinese Economies in Global Context: The Integration Process and Its Determinants, 2003

Cheung, Yin-Wong; Chinn, Menzie; Garcia Pascual, Antonio: Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive?, 2003

Cheung, Yin-Wong; Chinn, Menzie; Garcia Pascual, Antonio: What Do We Know about Recent Exchange Rate Models? In-Sample Fit and Out-of-Sample Performance Evaluated, 2003

Chinn, Menzie; Frankel, Jeffrey A.: The Euro Area and World Interest Rates, 2003

Dekle, Robert; Kletzer, Kenneth: The Japanese Banking Crisis and Economic Growth: Theoretical and Empirical Implications of Deposit Guarantees and Weak Financial Regulation, 2003

Eichengreen, Barry; Kletzer, Kenneth; Mody, Ashoka: Crisis Resolution: Next Steps, 2003

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