Guillermo A. Calvo
64 works on record
Works

Emerging Capital Markets in Turmoil
2005

Money, exchange rates, and output
1996

Financial Sector Reforms and Exchange Arrangements in Eastern Europe
1993

Money, crises, and transition

Money, Capital Mobility, and Trade

Private capital flows to emerging markets after the Mexican crisis

The debt burden and its consequences for monetary policy

Currency boards and external shocks
Interest rate rules, inflation stabilization, and imperfect credibility
2007
Phoenix miracles in emerging markets
2006
Crises in emerging market economies
2005
Relative price volatility under sudden stops
2005
Sudden stop, financial factors, and economic collpase in Latin America
2005
On the empirics of sudden stops
2004
Explaining sudden stops, growth collapse and BOP crises
2003
The mirage of exchange rate regimes for emerging market countries
2003
Inflation inertia and credible disinflation
2003
Sudden stops, the real exchange rate, and fiscal sustainability
2003
Nominal exchange rate anchoring under inflation inertia
2002
Fixing for your life
2000
Fear of floating
2000
Inflation stabilization and BOP crises in developing countries
1999
Rational contagion and the globalization of securities markets
1999
Uncertain duration of reform
1997
Política monetaria y cambiaria en economías en transición
1994
The capital inflows problem
1994
Stabilization dynamics and backward-looking contracts
1993
Capital inflows to Latin America
1992
Capital inflows and real exchange rate appreciation in Latin America
1992
Output collapse in Eastern Europe
1992
Inflation stabilization and nominal anchors
1992
From centrally-planned to market economies
1991
Reflexiones teóricas sobre el problema de estabilización en Argentina
1981
Debt, stabilization, and development
Macroeconomics in Times of Liquidity Crises
Growth and external financing in Latin America
The growth-interest rate cycle in the United States and its consequences for emerging markets
Podrá sobrevivir la convertibilidad?
Currency substitution and the real exchange rate
Real exchange rate dynamics with fixed nominal parities
International factor mobility and national advantage
Staggered contracts and exchange rate policy
Staggered Contracts in a Utility-Maximizing Framework
Trying to stabilize
Hierarchy
An essay on the managed float --
The stability of models of money and perfect foresight
Supervision
The surprising incidence of a tax on pure rent
Stabilization rules and the managed float
A general equilibrium theory of urban unemployment and wage determination
On the time consistency of optimal policy in a monetary economy
Optimal maximin accumulation with uncertain future technology
Tax-financed government spending in a neo-classical model with sticky wages and rational expectations
On the indeterminacy of interest rates and wages with perfect foresight
Technology
Maximin accumulation of risky capital
Optimal seigniorage from money creation
Some notes on time-inconsistency and Rawls' maximum criterion
Optimal growth in a putty-clay model
On models of money and perfect foresight
Optimal population and capital over time
Efficient capacity utilization with differential shift welfare costs
Optimal "maximin" population and capital over time