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September 02, 2010 |
Globalization and Monetary Policy Institute
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The Globalization and Monetary Policy Institute
What's New
| 9/1 |
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Are the Intraday Effects of Central Bank Intervention on Exchange Rate Spreads Asymmetric and State Dependent?—Institute Working Paper no. 59—This paper investigates the intraday effects of unannounced foreign exchange intervention on bid-ask exchange rate spreads using official intraday intervention data provided by the Danish central bank. |
| 8/19 |
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Banking Globalization and International Business Cycles—Institute Working Paper no. 58—This paper constructs a two-country DSGE model to study the nature of the recent financial crisis and its effects that spread immediately throughout the world owing to the globalization of banking. |
| 8/13 |
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International Economic Update: Global Recovery Continues, but Rate of Expansion Moderates—Global economic indicators point to an ongoing recovery from the financial crisis but suggest that the pace of growth is slowing. Emerging economies continue to post prerecession gross domestic product (GDP) growth rates, while advanced economies continue to expand gradually. |
| 8/9 |
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Michael B. Devereux, a senior fellow at the Globalization and Monetary Policy Institute, has been awarded the Canadian Economics Association's Rae Prize as the Canadian economist with the strongest research record over the previous five years. The prize, awarded every two years, is named for Scottish Canadian economist John Rae (1796–1872).
Devereux is a professor of economics at the University of British Columbia and a visiting scholar at the International Monetary Fund in Washington, D.C. He earned B.A. and M.A. degrees at University College, Dublin, and completed his Ph.D. at Queen's University in Kingston, Ontario. Devereux joined the University of British Columbia in 1992 after serving on the faculty of the University of Toronto and Queen's University. One of Canada's leading macroeconomists, he was awarded the prestigious five-year Bank of Canada Research Fellowship in 2003.
Devereux has been widely published over the past five years. He authored or coauthored more than 15 papers that appeared in major economic journals. His 2006 paper with Philip R. Lane and Juanyi Xu on "Exchange Rates and Monetary Policy in Emerging Market Economies" in the Economic Journal and his 2008 paper with Alan Sutherland on "Financial Globalization and Monetary Policy" in the Journal of Monetary Economics are among the most cited and downloaded papers published by Canadian economists in the past decade. |
More "What's New" »
Director of the Institute
Mark A. Wynne
Senior Fellows
Marianne Baxter
W. Michael Cox
Mario Crucini
Michael B. Devereux
Charles Engel
Karen Lewis
Francis E. Warnock
Advisory Board
Charles Bean
Martin Feldstein
Heng Swee Keat
R. Glenn Hubbard
Otmar Issing
Finn Kydland
Guillermo Ortiz
Kenneth S. Rogoff
Masaaki Shirakawa
William White
Institute Research Economists
Simona E. Cociuba
Anthony Landry
Enrique Martinez-Garcia
Ananth Ramanarayanan
Jian Wang |
Advisory Board Chairman
John B. Taylor
Research Associates
Raphael Auer
Chikako Baba
Pierpaolo Benigno
Claudio Borio
Alessandro Calza
Ester Faia
Rasmus Fatum
Andrew Filardo
Andreas Fischer
Marcel Fratzscher
Ippei Fujiwara
Bill Gruben
Sophie Guilloux
Ping He
Erasmus Kersting
Enisse Kharroubi
Robert Kollmann
Fabio Milani
Philippe Moutot
Etsuro Shioji
Shigenori Shiratsuka
Ina Simonovska
Jens Søndergaard
Kozo Ueda
Giovanni Vitale
Yu Yuan |
For more information, contact Mark Wynne at mark.a.wynne@dal.frb.org  .
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Publications
E-mail Alerts
Seminars
- Henry Siu, University of British Columbia
June 11, 2010
- Kei-Mu Yi, FRB Philadelphia
June 15, 2010
- Roman Sustek, University of Iowa
June 25, 2010
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