TOP 10 PAPERS:

NBER: Global Capital Flows and Financing Constraints by A. Harrison and I. Love and M. McMillan April 2002

NBER: Financial Opening: Evidence and Policy Options by J. Aizenman April 2002

Comparing Capital Mobility Across Provincial and National Borders by  John F. Helliwell and Ross McKitrick NBER WP #6624 (7/98)

Derivatives in International Capital Flow by  Peter M. Garber NBER WP #6623 (7/98)

Volatility and the Welfare Costs of Financial Integration by Pierre-Richard Agenor and Joshua Aizenman NBER WP #6782 (11/98)

Pick Your Poison: The Exchange Rate Regime and Capital Account Volatility in Emerging Markets by S. Iwata, E. Tanner IMF May 2003 (.pdf)

Impacts of the Basle Capital Standard on Japanese Banks' Behavior by Takatoshi Ito and Yuri Nagataki Sasaki  NBER WP #6730 (10/98)

Global Diversification, Growth and Welfare with Imperfectly Integrated Markets for Goods by Bernard Dumas and Raman Uppal NBER Working Paper No. 6994 (3/99)

Capital Flows to Central and Eastern Europe and the Former Soviet Union by Stijn Claessens, Daniel Oks, and Rossana Polastri (9/98)

Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? by Christian Jochum and Laura Kodres, IMF Working Paper

THE REST:

Managing Risks in Financial Market Development: The Role of Sequencing by C. Karacadag, V. Sundararajan, J. Elliott IMF Jun 1, 2003 (.pdf)

Transformations to Open Market Operations: Developing Countries and Emerging Markets by Stephen H. Axilrod (IMF)

Contagion Effect in the Emerging-Market Economies: Squaring the Circle by D. Das May 2003 (.doc)

Emerging Market Economies: Financial Liberalization Endeavors and their Impact by D. Das May 2003 (.doc)

Does Exchange Rate Stability Increase Trade and Capital Flows? by Philippe Bacchetta and Eric van Wincoop (7/98)

Capital Flows with Debt- and Equity-Financed Investment-Equilibrium Structure and Efficiency Implications by Assaf Razin, Efraim Sadka and Chi-Wa Yuen, IMF (12/98)

Stock Market Crises in Developed and Emerging Markets by Sandeep Patel and Asani Sarkar (4/98)

International Capital Flows and National Creditworthiness-Do the Fundamental Things Apply as Time Goes By?  by Paul Cashin and John McDermott IMF Working Paper WP/98/172  (1/99)

Have the Markets Gone Crazy?: The Brazilian and Other Currency Crises of the 1990s  by Ramkishen S. Rajan (1/99)

Does Mercosur Need a Single Currency? by Barry Eichengreen NBER WP #6821 (12/98)

Risk Management of Sovereign Assets and Liabilities by Cassard, Marcel and Folkerts-Landau, David; IMF Working Paper

The Prudential Regulation and Management of Foreign Exchange Risk by Richard K. Abrams and Paulina Beato IMF Working Paper

Betting Against The State: Socially Costly Financial Engineering  by Guillermo Calvo (7/98)

Transparency in Central Bank Operations in the Foreign Exchange Market by Charles Enoch, IMF Working Paper

"Local Return Factors and Turnover in Emerging Stock Markets" by Geert Rouwenhorst (11/98)

Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argentina. B. Gerard Dages, Linda Goldberg, and Daniel Kinney. September 2000.

International Capital Markets  Developments, Prospects, and Key Policy Issues; IMF  November 1997

Understanding Financial Crises: A Developing Country Perspective by  Frederic S. Mishkin; NBER Working Paper No. 5600

The Twin Crises: The Causes of Banking and  Balance-of-Payments Problems by Graciela L. Kaminsky and Carmen M. Reinhart

Staying Afloat When the Wind Shifts: External Factors and Emerging-Market Banking Crises by  Barry Eichengreen and Andrew K. Rose;  NBER Working Paper No. 6370

"Foreign Portfolio Investors Before and During a Crisis" by Woochan Kim and Shang-Jin Wei NBER WP No. 6968 (2/99)

Globalized Financial Markets and Financial Crises by Charles Wyplosz (3/98)

"Financial Crises in Emerging Markets: A Canonical Model" by Roberto Chang and Andres Velasco NBER Working Paper No. 6606, June 1998

Rational Herd Behavior and the Globalization of Securities Markets by Guillermo A. Calvo and Enrique G. Mendoza

Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility by Philippe Bacchetta and Eric van Wincoop NBER Working Paper No. 6530

Country Funds and Asymmetric Information by Jeffrey A. Frankel and Sergio L. Schmukler, World Bank (2/98)

Financial Liberalization and Financial Fragility by Asli Demirguc-Kunt and Enrica Detragiache IMF Working Paper WP/98/83, 1998

Capital Inflows into Latin America: A Stop-Go Story? by Sebastian Edwards NBER Working Paper No. 6441
 

"Do Depositors Punish Banks for "Bad" Behavior? Market Discipline in Argentina, Chile, and Mexico" by Maria Soledad Martinez Peria and Sergio L. Schmukler, World Bank (2/99)

Volatility and Financial Intermediation by Joshua Aizenman and Andrew Powell  NBER Working Paper No. 6320

Foreign Speculators and Emerging Equity Markets by Geert Bekaert and Campbell R. Harvey;  NBER Working Paper No. 6312

Risks to Lenders and Borrowers in International Capital Markets" by Benjamin E. Hermalin and Andrew K. Rose, NBER WP # 6886 (1/99)

What Will Technology Do to Financial Structure? by Fredric S. Mishkin and Philip E. Strahan NBER Working Paper No. 6892 (1/99)

Fixed-Income Markets in the United States, Europe, and Japan-Some Lessons for Emerging Markets by Garry Schinasi and Todd Smith IMF Working Paper WP/98/173 (1/99)

Offshore Banking-An Analysis of Micro- and Macro-Prudential Issues by Luca Errico IMF Working Paper WP/99/5 (2/99)

Flight Capital as a Portfolio Choice by Paul Collier, Anke Hoeffler and Catherine Pattillo, World Bank (2/99)

Does a Thin Foreign Exchange Market Lead to Destabilizing Capital-Market Speculation in the Asian Crisis Countries? by Hong G. Min and Judith A. McDonald, World Bank (2/99)

Dynamic Capital Mobility, Capital Market Risk, and Exchange Rate Misalignment: Evidence from Seven Asian Countries by Hong G. Min, World Bank  (2/98)

The Real Impact of Financial Shocks: Evidence from the Republic of Korea by Ilker Domaç and Giovanni Ferri, World Bank (11/98)

IMF: Pure Contagion and Investors Shifting Risk Appetite: Analytical Issues and Empirical Evidence by M. Kumar, S. Manmohan, and A. Persaud September 1, 2001