{"id":533,"date":"2020-04-30T02:33:27","date_gmt":"2020-04-30T02:33:27","guid":{"rendered":"http:\/\/sites.rutgers.edu\/roberto-chang\/?page_id=533"},"modified":"2020-05-01T01:46:53","modified_gmt":"2020-05-01T01:46:53","slug":"balance-sheets-currency-mismatches-and-exchange-rates","status":"publish","type":"page","link":"https:\/\/sites.rutgers.edu\/roberto-chang\/balance-sheets-currency-mismatches-and-exchange-rates\/","title":{"rendered":"Balance Sheets, Currency Mismatches, and Exchange Rates"},"content":{"rendered":"<h3>Balance Sheets and Exchange Rate Policy<\/h3>\n<ul>\n<li><span style=\"font-size: 1rem\"><strong><a href=\"https:\/\/www.jstor.org\/stable\/3592812?seq=1\">Balance Sheets and Exchange Rate Policy<\/a><\/strong> , with Luis Felipe C\u00e9spedes and Andr\u00e9s Velasco, <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">American Economic Review,<\/em><span style=\"font-size: 1rem\"> 94 (2004), 1183-1193<\/span><\/li>\n<li><span style=\"font-size: 1rem\"><strong><a href=\"http:\/\/sites.rutgers.edu\/roberto-chang\/wp-content\/uploads\/sites\/408\/2020\/04\/Herrero.pdf\">Balance Sheet Effects and the Country Risk Premium: An Empirical Investigation<\/a><\/strong>. with Juan Carlos Berganza and Alicia Garcia Herrero, <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">Review of World Economics (Weltwirtschaftliches Archiv),<\/em><span style=\"font-size: 1rem\"> 140 (2004), 592-612<\/span><\/li>\n<li><span style=\"font-size: 1rem\"><strong><a href=\"http:\/\/sites.rutgers.edu\/roberto-chang\/wp-content\/uploads\/sites\/408\/2020\/04\/imfsp2003.pdf\">IS-LM-BP in the Pampas<\/a><\/strong> , with Luis C\u00e9spedes and Andr\u00e9s Velasco, <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">IMF Staff Papers<\/em><span style=\"font-size: 1rem\">, 50 (2003), 142-156<\/span><\/li>\n<li><span style=\"font-size: 1rem\"><strong>Dollarization of Liabilities, Net Worth Effects, and Optimal Monetary Policy<\/strong>, with Luis Felipe C\u00e9spedes and Andr\u00e9s Velasco, in <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">Preventing Currency Crises in Emerging Markets<\/em><span style=\"font-size: 1rem\">, (Sebastian Edwards and Jeffrey Frankel, editors), University of Chicago Press, 2002<\/span><\/li>\n<li><span style=\"font-size: 1rem\"><strong><a href=\"https:\/\/www.jstor.org\/stable\/117194?seq=1\">Exchange Rate Policy for Developing Countries<\/a><\/strong> , with Andr\u00e9s Velasco, <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">American Economic Review<\/em><span style=\"font-size: 1rem\"> 90, 2 (2000), 71-75<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Currency Mismatches and Dollarization<\/h3>\n<ul>\n<li><strong><a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S002219960500067X\">Currency Mismatches and Monetary Policy: A Tale of Two Equilibria<\/a><\/strong> , with Andr\u00e9s Velasco, <em>Journal of International Economics, <\/em>69 (2006), 150-175<\/li>\n<li><span style=\"font-size: 1rem\"><strong><a href=\"http:\/\/sites.rutgers.edu\/roberto-chang\/wp-content\/uploads\/sites\/408\/2020\/04\/palgravedollar.pdf\">Dollarization<\/a><\/strong> , in <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">The New Palgrave Dictionary of Economics, <\/em><span style=\"font-size: 1rem\">2<\/span><sup style=\"font-family: 'Open Sans', sans-serif\">nd<\/sup><span style=\"font-size: 1rem\"> Edition, Steven Durlauf and Lawrence Blume eds., Palgrave Macmillan, 2008<\/span><strong style=\"font-size: 1rem\">\u00a0<\/strong><\/li>\n<li><span style=\"font-size: 1rem\"><a href=\"http:\/\/sites.rutgers.edu\/roberto-chang\/wp-content\/uploads\/sites\/408\/2020\/04\/ditella2.pdf\"><strong>Dollarization: Analytical Issues<\/strong><\/a> , with Andr\u00e9s Velasco, in <\/span><em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">Dollarization<\/em><span style=\"font-size: 1rem\">, Federico Sturzenegger and Eduardo Levy-Yeyati eds., MIT Press, 2002<\/span><\/li>\n<li><a href=\"http:\/\/sites.rutgers.edu\/roberto-chang\/wp-content\/uploads\/sites\/408\/2020\/04\/dollarization.pdf\"><strong>Dollarization: A Scorecard<\/strong> <\/a>\u00a0, Federal\u00a0Reserve Bank of Atlanta <em style=\"font-family: 'Open Sans', sans-serif;font-size: 1rem\">Economic Review, <\/em><span style=\"font-size: 1rem\">Third Quarter 2000, 1-11<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Balance Sheets and Exchange Rate Policy Balance Sheets and Exchange Rate Policy , with Luis Felipe C\u00e9spedes and Andr\u00e9s Velasco, American Economic Review, 94 (2004), 1183-1193 Balance Sheet Effects and &hellip; <a href=\"https:\/\/sites.rutgers.edu\/roberto-chang\/balance-sheets-currency-mismatches-and-exchange-rates\/\" class=\"\">Read More<\/a><\/p>\n","protected":false},"author":873,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-custom.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-533","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Balance Sheets, Currency Mismatches, and Exchange Rates - Roberto Chang<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sites.rutgers.edu\/roberto-chang\/balance-sheets-currency-mismatches-and-exchange-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balance Sheets, Currency Mismatches, and Exchange Rates - Roberto Chang\" \/>\n<meta property=\"og:description\" content=\"Balance Sheets and Exchange Rate Policy Balance Sheets and Exchange Rate Policy , with Luis Felipe C\u00e9spedes and Andr\u00e9s Velasco, American Economic Review, 94 (2004), 1183-1193 Balance Sheet Effects and &hellip; 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