JEL classification

Journal of Economic Literature Classification (10696) F - International Economics (1393) F3 - International Finance (357) F31 - Foreign Exchange (93)
Number of items at this level: 93.
2026
  • Irigoin, Alejandra (2026). Foreign monies and exchange risk in pre-modern maritime private trade - (or why did European bills not circulate outside Europe?). Revista de Historia Economica - Journal of Iberian and Latin American Economic History, 43(3), 435 - 468. https://doi.org/10.1017/S0212610925100815
    • 2025
  • Gourinchas, Pierre-Olivier, Ray, Walker, Vayanos, Dimitri (2025). A preferred-habitat model of term premia, exchange rates, and monetary policy spillovers. American Economic Review, 115(11), 3788 – 3824. https://doi.org/10.1257/aer.20220379 picture_as_pdf
  • Irigoin, Alejandra (2025). Managing exchange risk foreign monies and private trade finance in pre-modern long-distance trade (or why did bills of exchange not circulate beyond Europe?). (Economic History Working Papers 381). London School of Economics and Political Science. picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2025). Sanctions and the exchange rate. Review of Economic Studies, https://doi.org/10.1093/restud/rdaf085 picture_as_pdf
  • Stanton, Christopher, Thomas, Catherine (2025). Who benefits from online gig economy platforms? American Economic Review, 115(6), 1857 - 1895. https://doi.org/10.1257/aer.20221189 picture_as_pdf
    • 2024
  • Accominotti, Olivier, Chambers, David, Morrison, James (2024). The speculative consequences of the peace. In Clavin, Patricia, Corsetti, Giancarlo, Obstfeld, Maurice, Tooze, Adam (Eds.), Keynes's Economic Consequences of the Peace after 100 Years: Polemics and Policy (pp. 202 - 233). Cambridge University Press. https://doi.org/10.1017/9781009407540.010 picture_as_pdf
  • Greenwood, Robin, Hanson, Samuel, Vayanos, Dimitri (2024). Supply and demand and the term structure of interest rates. Annual Review of Financial Economics, 16, 115 - 151. https://doi.org/10.1146/annurev-financial-082123-110048 picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2024). What drives the exchange rate? IMF Economic Review, picture_as_pdf
    • 2023
  • Dainauskas, Justas (2023). Time-varying exchange rate pass-through into terms of trade. Journal of International Money and Finance, 137, https://doi.org/10.1016/j.jimonfin.2023.102905 picture_as_pdf
  • Egorov, Konstantin, Mukhin, Dmitry (2023). Optimal policy under dollar pricing. American Economic Review, 113(7), 1783 - 1824. https://doi.org/10.1257/aer.20200636 picture_as_pdf
    • 2022
  • Henide, Karim (2022). Cross-currency credit spreads: harvesting the idiosyncratic basis as a source of ARP. Journal of Derivatives and Quantitative Studies, 30(2), 74-88. https://doi.org/10.1108/JDQS-10-2021-0026 picture_as_pdf
  • Itskhoki, Oleg, Mukhin, Dmitry (2022). Sanctions and the exchange rate. Intereconomics, 57(3), 148 - 151. https://doi.org/10.1007/s10272-022-1050-9 picture_as_pdf
  • Mukhin, Dmitry (2022). An equilibrium model of the international price system. American Economic Review, 112(2), 650 - 688. https://doi.org/10.1257/aer.20181550 picture_as_pdf
    • 2021
  • Scherrer, Cristina Mabel (2021). Information processing on equity prices and exchange rate for cross-listed stocks. Journal of Financial Markets, 54, https://doi.org/10.1016/j.finmar.2021.100634 picture_as_pdf
    • 2020
  • Salomao, Juliana, Varela, Liliana (2020). Exchange rate exposure and firm dynamics. (Financial Markets Group Discussion Papers 801). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
    • 2019
  • Breinlich, Holger, Leromain, Elsa, Novy, Dennis, Sampson, Thomas (2019). Exchange rates and consumer prices: evidence from Brexit. (CEP Discussion Papers CEPDP1667). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Chen, Natalie, Chung, Wanyu, Novy, Dennis (2019). Vehicle currency pricing and exchange rate pass-through. (CEP Discussion Papers CEPDP1624). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Kremens, Lukas, Martin, Ian (2019). The quanto theory of exchange rates. American Economic Review, 109(3), 810-843. https://doi.org/10.1257/aer.20180019
  • Makarov, Igor, Schoar, Antoinette (2019). Price discovery in cryptocurrency markets. AEA Papers and Proceedings, 109, 97-99. https://doi.org/10.1257/pandp.20191020 picture_as_pdf
  • Vieira Marques Da Costa, Rui, Dhingra, Swati, Machin, Stephen (2019). Trade and worker deskilling. (CEP Discussion Papers CEPDP1622). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
    • 2018
  • Bahar, Dany, Molina, Carlos A., Santos, Miguel Angel (2018). Fool's gold: the impact of Venezuelan currency devaluations on multinational stock prices. Economía, 19(1), 93 - 128. https://doi.org/10.1353/eco.2018.0009 picture_as_pdf
  • Corsetti, Giancarlo, Crowley, Meredith, Han, Lu, Song, Huasheng (2018). Markets and markups: a new empirical framework and evidence on exporters from China. (CFM Discussion Paper Series CFM-DP2018-03). Centre For Macroeconomics.
    • 2017
  • Kremens, Lukas, Martin, Ian (2017). The quanto theory of exchange rates. (Systemic Risk Centre Discussion Papers 75). Systemic Risk Centre, The London School of Economics and Political Science. picture_as_pdf
  • Kremens, Lukas, Martin, Ian (2017). The quanto theory of exchange rates. (Financial Markets Group Discussion Papers 769). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Zhang, Qi (2017). The Balassa–Samuelson relationship: services, manufacturing and product quality. Journal of International Economics, 106, 55-82. https://doi.org/10.1016/j.jinteco.2016.10.004
    • 2016
  • Accominotti, Olivier, Chambers, David (2016). If you’re so smart: John Maynard Keynes and currency speculation in the interwar years. Journal of Economic History, 76(2), 342 - 386. https://doi.org/10.1017/S0022050716000589
  • Mueller, Philippe, Tahbaz-Salehi, Alireza, Vedolin, Andrea (2016). Exchange rates and monetary policy uncertainty. (Systemic Risk Centre Discussion Papers 54). Systemic Risk Centre, The London School of Economics and Political Science.
  • Mueller, Philippe, Tahbaz-Salehi, Alireza, Vedolin, Andrea (2016). Exchange rates and monetary policy uncertainty. (Systemic Risk Centre Discussion Papers 54). Systemic Risk Centre, The London School of Economics and Political Science. picture_as_pdf
    • 2015
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation andeconomic performance. (CEP Discussion Papers CEPDP1348). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation, and economic performance. Journal of International Money and Finance, 55, 60-87. https://doi.org/10.1016/j.jimonfin.2015.02.015
  • Benigno, Gianluca, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation, and economic performance. (CFM discussion paper series CFM-DP2015-11). Centre For Macroeconomics.
  • Benigno, Gianluca Dimiano Carmelo, Converse, Nathan, Fornaro, Luca (2015). Large capital inflows, sectoral allocation and economic performance. (CEP Discussion Papers CEPDP1348). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Cenedese, Gino, Mallucci, Enrico (2015). What moves international stock and bond markets? (CFM discussion paper series CFM-DP2015-14). Centre For Macroeconomics.
    • 2014
  • Hamann, Franz, Hofstetter, Marc, Urrutia, Miguel (2014). Inflation targeting in Colombia, 2002–12. Economía, 15(1), 1 - 37. https://doi.org/10.31389/eco.83 picture_as_pdf
  • Mueller, Philippe, Stathopoulos, Andreas, Vedolin, Andrea (2014). International correlation risk. (Systemic Risk Centre Discussion Papers 26). Systemic Risk Centre, The London School of Economics and Political Science.
  • de Roure, Calebe, Tasca, Paolo (2014). Bitcoin and the PPP Puzzle. (Systemic Risk Centre Discussion Papers 16). Systemic Risk Centre, The London School of Economics and Political Science.
    • 2013
  • Mueller, Philippe, Stathopoulos, Andreas, Vedolin, Andrea (2013). International correlation risk. (Financial Markets Group Discussion Papers 716). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Santos Silva, J. M. C., Tenreyro, S. (2013). Currency unions. In Caprio, Gerard (Ed.), The Evidence and Impact of Financial Globalization (pp. 451-461). Elsevier (Firm). https://doi.org/10.1016/B978-0-12-397874-5.00033-6
  • de Grauwe, Paul, Markiewicz, Agnieszka (2013). Learning to forecast the exchange rate: two competing approaches. Journal of International Money and Finance, 32, 42-76. https://doi.org/10.1016/j.jimonfin.2012.03.001
    • 2012
  • Benigno, Gianluca, Fornaro, Luca (2012). Reserve accumulation, growth and financial crises. (CEP Discussion Papers CEPDP1161). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Kucuk, H. (2012). Portfolio allocation and international risk sharing. Canadian Journal of Economics, 45(2), 535-565. https://doi.org/10.1111/j.1540-5982.2012.01703.x
  • Céspedes, Luis Felipe, Velasco, Andres (2012). Macroeconomic performance during commodity price booms and busts. IMF Economic Review, 60(4), 570-599. https://doi.org/10.1057/imfer.2012.22
  • de Grauwe, Paul, Kaltwasser, Pablo Rovira (2012). The exchange rate in a behavioral finance framework. In James, Jessica, Marsh, Ian, Sarno, Lucio (Eds.), Handbook of Exchange Rates (pp. 111-132). Wiley-Blackwell.
  • de Grauwe, Paul, Rovira Kaltwasser, Pablo (2012). Animal spirits in the foreign exchange market. Journal of Economic Dynamics and Control, 36(8), 1176-1192. https://doi.org/10.1016/j.jedc.2012.03.008
    • 2011
  • Barajas, Adolfo, Montiel, Peter, Chami, Ralph, Hakura, Dalia (2011). Workers' remittances and the equilibrium real exchange rate: theory and evidence. Economía, 11(2), 45 - 94. https://doi.org/10.1353/eco.2011.0000 picture_as_pdf
  • Benigno, Gianluca, Küçük-Tuger, Hande (2011). Portfolio allocation and international risk sharing. (CEP Discussion Papers CEPDP1048). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Dasgupta, Amil, Leon-Gonzalez, Roberto, Shortland, Anja (2011). Regionality revisited: an examination of the direction of spread of currency crises. Journal of International Money and Finance, 30(5), 831 - 848. https://doi.org/10.1016/j.jimonfin.2011.05.004
  • Kaminska, Iryna, Vayanos, Dimitri, Zinna, Gabriele (2011). Preferred-habitat investors and the US term structure of real rates. (Financial Markets Group Discussion Papers 674). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Plümper, Thomas, Neumayer, Eric (2011). Fear of floating and de facto exchange rate pegs with multiple key currencies. International Studies Quarterly, 55(4), 1121-1142. https://doi.org/10.1111/j.1468-2478.2011.00686.x
    • 2010
  • Altavilla, Carlo, de Grauwe, Paul (2010). Forecasting and combining competing models of exchange rate determination. Applied Economics, 42(27), 3455-3480. https://doi.org/10.1080/00036840802112505
  • Altavilla, Carlo, de Grauwe, Paul (2010). Non-linearities in the relation between the exchange rate and its fundamentals. International Journal of Finance and Economics, 15(1), 1-12. https://doi.org/10.1002/ijfe.384
  • De Paoli, Bianca, Küçük-Tuger, Hande, Søndergaard, Jens (2010). Monetary policy rules and foreign currency positions. (CEP Discussion Papers CEPDP1022). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Sattler, Thomas, Walter, Stefanie (2010). Monetary credibility vs. voter approval: political institutions and exchange-rate stabilization during crises. Economics and Politics, 22(3), 392-418. https://doi.org/10.1111/j.1468-0343.2010.00367.x
  • Silva, J.M.C. Santos, Tenreyro, Silvana (2010). Currency unions in prospect and retrospect. (CEP Discussion Paper 986). London School of Economics and Political Science. Centre for Economic Performance.
  • Silva, J.M.C. Santos, Tenreyro, Silvana (2010). Currency unions in prospect and retrospect. Annual Review of Economics, 2(1), 51-74. https://doi.org/10.1146/annurev.economics.102308.124508
    • 2009
  • Bauer, Christian, de Grauwe, Paul, Reitz, Stefan (2009). Exchange rate dynamics in a target zone: a heterogeneous expectations approach. Journal of Economic Dynamics and Control, 33(2), 329-344. https://doi.org/10.1016/j.jedc.2008.05.008
  • Beine, Michel, de Grauwe, Paul, Grimaldi, Marianna (2009). The impact of FX central bank intervention in a noise trading framework. Journal of Banking and Finance, 33(7), 1187-1195. https://doi.org/10.1016/j.jbankfin.2008.11.014
    • 2008
  • Benigno, Gianluca, Thoenissen, Christoph (2008). Consumption and real exchange rates with incomplete markets and non-traded goods. Journal of International Money and Finance, 27(6), 926-948. https://doi.org/10.1016/j.jimonfin.2008.04.008
  • Rodrik, Dani (2008). The real exchange rate and economic growth. Journal of Economic Studies, 40(3), 298-313.
  • Talani, Leila Simona, Fazio, Giorgio (2008). Interests or expectations? A political economy model of the credibility of exchange rate agreements. In Talani, Leila Simona, Casey, Bernard (Eds.), Between Growth and Stability: the Demise and Reform of the European Union's Stability and Growth Pact (pp. 14-59). Edward Elgar.
  • de Grauwe, Paul, Schnabl, Gunther (2008). Exchange rate stability, inflation, and growth in (South) Eastern and Central Europe. Review of Development Economics, 12(3), 530-549. https://doi.org/10.1111/j.1467-9361.2008.00470.x
    • 2007
  • Benigno, Gianluca, Benigno, Pierpaolo, Ghironi, Fabio (2007). Interest rate rules for fixed exchange rate regimes. Journal of Economic Dynamics and Control, 31(7), 2196-2211. https://doi.org/10.1016/j.jedc.2006.05.012
  • Chang, Roberto, Velasco, Andres (2007). Endogenous financial dollarization and exchange rate policy. Journal of Policy Reform, 8(4), 263-280. https://doi.org/10.1080/13841280500387182
  • Malovic, Marko (2007). Exchange rate regimes and monetary policies in emerging markets: a showdown for few theoretical misconceptions. (Discussion papers DP42). Centre for the Study of Global Governance, London School of Economics and Political Science.
  • de Grauwe, Paul, Vansteenkiste, Isabel (2007). Exchange rates and fundamentals: a non-linear relationship? International Journal of Finance and Economics, 12(1), 37-54. https://doi.org/10.1002/ijfe.310
    • 2006
  • Benigno, Gianluca, Theonissen, Christoph (2006). Consumption and real exchange rates with incomplete markets and non-traded goods. London School of Economics and Political Science. Centre for Economic Performance.
  • Cornand, Camille, Heinemann, Frank (2006). Speculative attacks with multiple sources of public information. (Financial Markets Group Discussion Papers 570). Financial Markets Group, The London School of Economics and Political Science.
  • Dasgupta, Amil, Leon-Gonzalez, Roberto, Shortland, Anja (2006). Regionality revisited: an examination of the direction of spread of currency crises. (Financial Markets Group Discussion Papers 584). Financial Markets Group, The London School of Economics and Political Science.
  • Minguez-Afonso, Gara (2006). Imperfect common knowledge in first generation models of currency crises. (Financial Markets Group Discussion Papers 555). Financial Markets Group, The London School of Economics and Political Science.
  • de Grauwe, Paul, Grimaldi, Marianna (2006). Exchange rate puzzles: a tale of switching attractors. European Economic Review, 50(1), 1-33. https://doi.org/10.1016/j.euroecorev.2004.07.005
  • de Grauwe, Paul, Grimaldi, Marianna (2006). The exchange rate in behavioral finance framework. Princeton University Press.
    • 2005
  • de Grauwe, Paul (Ed.) (2005). Exchange rate economics: where do we stand? MIT Press.
  • de Grauwe, Paul, Grimaldi, Marianna (2005). Heterogeneity of agents and the exchange rate: a nonlinear approach. In de Grauwe, Paul (Ed.), Exchange Rate Economics: Where Do We Stand? (pp. 125-168). MIT Press.
  • de Grauwe, Paul, Grimaldi, Marianna (2005). Heterogeneity of agents, transactions costs and the exchange rate. Journal of Economic Dynamics and Control, 29(4), 691-719. https://doi.org/10.1016/j.jedc.2004.01.004
  • de Grauwe, Paul, Grimaldi, Marianna (2005). The exchange rate and its fundamentals in a complex world. Review of International Economics, 13(3), 549-575. https://doi.org/10.1111/j.1467-9396.2005.00523.x
    • 2004
  • Guidotti, Pablo E., Sturzenegger, Federico, Villar, Agustín (2004). On the consequences of sudden stops. Economía, 4(2), 171 - 203. https://doi.org/10.1353/eco.2004.0016 picture_as_pdf
  • Lane, Philip R., Milesi-Ferretti, Gian Maria (2004). Financial globalization and exchange rates. (CEPDP 662). London School of Economics and Political Science. Centre for Economic Performance.
  • Tapia, Matías, Tokman, Andrea (2004). Effects of foreign exchange intervention under public information: the Chilean case. Economía, 4(2), 215 - 245. https://doi.org/10.1353/eco.2004.0020 picture_as_pdf
    • 2002
  • Goodhart, Charles, Love, Ryan, Payne, Richard, Rime, Dagfinn (2002). Analysis of spreads in the dollar/euro and Deutsche Mark/dollar foreign exchange markets. (Financial Markets Group Discussion Papers 467). Financial Markets Group, The London School of Economics and Political Science.
  • Mann, Catherine L., Meade, Ellen E. (2002). Home bias, transactions costs, and prospects for the Euro: a more detailed analysis. (CEPDP 537). London School of Economics and Political Science. Centre for Economic Performance.
  • de Grauwe, Paul, Grimaldi, Marianna (2002). Exchange rate regimes and financial vulnerability. EIB Papers, 7(2), 33-48.
    • 2001
  • Corsetti, Giancarlo, Dasgupta, Amil, Morris, Stephen, Shin, Hyun Song (2001). Does one Soros make a difference? A theory of currency crises with large and small traders. (Financial Markets Group Discussion Papers 372). Financial Markets Group, The London School of Economics and Political Science.
  • De Grauwe, Paul, Grimaldi, Marianna (2001). Exchange rates, prices and money: a long-run perspective. International Journal of Finance and Economics, 6(4), 289-313. https://doi.org/10.1002/ijfe.162
    • 2000
  • de Grauwe, Paul (2000). Exchange rates in search of fundamentals: the case of the euro-dollar rate. International Finance, 3(3), 329-356. https://doi.org/10.1111/1468-2362.00055
    • 1999
  • Brunnermeier, Markus, Grafe, Clemens (1999). Contrasting different forms of price stickiness: an analysis of exchange rate overshooting and the beggar thy neighbour policy. (Financial Markets Group Discussion Papers 329). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Danielsson, Jon, Payne, Richard (1999). Real trading patterns and prices in spot foreign exchange markets. (Financial Markets Group Discussion Papers 320). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
    • 1997
  • Almeida, Alvaro, Goodhart, Charles, Payne, Richard (1997). The effects of macroeconomic 'news' on high frequency exchange rate behaviour. (Financial Markets Group Discussion Papers 258). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Hartmann, Philipp (1997). Do Reuters spreads reflect currencies' differences in global trading activity? (Financial Markets Group Discussion Papers 265). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Henry, Marc, Payne, Richard (1997). An investigation of long range dependence in intra-day foreign exchange rate volatility. (Financial Markets Group Discussion Papers 264). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
    • 1996
  • Buiter, Willem H., Lago, Richard, Stern, Nicholas (1996). Promoting an effective market economy in a changing world. Centre for Economic Policy Research (Great Britain).
  • Hartmann, Philipp (1996). Trading volumes and transaction costs in the foreign market - evidence from daily dollar-yen spot data. (Financial Markets Group Discussion Papers 232). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
    • 1991
  • Goodhart, C. A. E., Curcio, Riccardo (1991). The clustering of bid/ask prices and the spread in the foreign exchange market. (Financial Markets Group Discussion Papers 110). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
    • 1987
  • Goodhart, C. A. E. (1987). The foreign exchange market: a random walk with a dragging anchor. (Financial Markets Group Discussion Papers 1). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf