The Santa Cruz Center for International Economics (SCCIE) is a group of UCSC scholars working in the field of international economics, broadly defined to cover international finance, open economy macroeconomics, international trade, development economics (and linkages with environmental issues), and international political economy.
The objective of SCCIE is to broaden our understanding of international economic issues by sponsoring research, conferences, graduate studies, and the exchange of scholars.
We also support and participate in activities designed to bring greater public awareness and understanding to policy issues involving international economics. SCCIE supports public seminars, publication of working papers, and occasional public forums.
PAPERS FROM 2009
|
 | Joshua Aizenman (February 1, 2009) On the paradox of prudential regulations in the globalized economy; International reserves and the crisis: a reassessment* |
PAPERS FROM 2006
|
 | Jordi Mondria and Thomas Wu (December 1, 2006) The Puzzling Evolution of the Home Bias, Information Processing and Financial Openness |
 | Thomas Wu (November 7, 2006) Order Flow in the South: Anatomy of the Brazilian FX Market |
 | Rasmus Fatum and Michael M. Hutchison (May 30, 2006) Evaluating Foreign Exchange Market Intervention: Self-Selection, Counterfactuals and Average Treatment Effects |
 | Joshua Aizenman and Ilan Noy (March 1, 2006) Prizes for Basic Research –Human Capital, Economic Might and the Shadow of History |
 | Menzie David Chinn and Jeffrey A. Frankel (January 31, 2006) Will the Euro Eventually Surpass the Dollar As Leading International Reserve Currency? |
PAPERS FROM 2005
|
 | Joshua Aizenman and JAEWOO LEE (May 1, 2005) International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence |
 | Joshua Aizenman and Ilan Noy (May 1, 2005) FDI and Trade – Two Way Linkages? |
 | K. C. Fung (April 30, 2005) Trade and Investment among China, the United States, and the Asia-Pacific Economies: An Invited Testimony to the U.S. Congressional Commission |
 | Nirvikar Singh (April 29, 2005) The Idea of South Asia and the Role of the Middle Class |
 | Busakorn Chantasasawat, K. C. Fung, Hitomi Iizaka, and Alan Siu (April 20, 2005) FDI Flows to Latin America, East and Southeast Asia and China: Substitutes or Complements? |
 | K. C. Fung, Alicia Garcia-Herrero, Hitomi Iizaka, and Alan Siu (April 4, 2005) Hard or Soft? Institutional Reforms and Infrastructure Spending as Determinants of Foreign Direct Investment in China |
 | Joshua Aizenman and Eileen Brooks (March 1, 2005) Globalization and taste convergence: The cases of wine and beer |
 | Joshua Aizenman (March 1, 2005) Ex ante carrots instead of ex post sticks: two examples |
 | Joshua Aizenman (February 1, 2005) Financial Liberalizations in Latin-America in the 1990s: A Reassessment |
 | Menzie David Chinn and Hiro Ito (January 31, 2005) What Matters for Financial Development? Capital Controls, Institutions, and Interactions |
PAPERS FROM 2004
|
 | Busakorn Chantasasawat, K. C. Fung, Hitomi Iizaka, and Alan Siu (November 30, 2004) The Giant Sucking Sound: Is China Diverting Foreign Direct Investments from Other Asian Economies? |
 | Doireann Fitzgerald (November 1, 2004) Trade, Interdependence and Exchange Rates |
 | Nirvikar Singh (October 1, 2004) Transaction Costs, Information Technology and Development |
 | Kenneth Kletzer (October 1, 2004) Sovereign Debt, Volatility and Insurance |
 | Nirvikar Singh and Garima Vasishtha (September 1, 2004) Some Patterns in Center-State Fiscal Transfers in India: An Illustrative Analysis |
 | Nirvikar Singh (August 6, 2004) India’s System of Intergovernmental Fiscal Relations |
 | Hiro Ito (August 1, 2004) Is Financial Openness a Bad Thing?
An Analysis on the Correlation Between Financial Liberalization
and the Output Performance of Crisis-Hit Economies |
 | Kenneth Kletzer (July 1, 2004) Liberalizing Capital Flows in India: Financial Repression, Macroeconomic Policy and Gradual Reforms |
 | Joshua Aizenman, Brian Pinto, and Artur Radziwill (June 1, 2004) Sources for Financing Domestic Capital - is Foreign Saving a Viable Option for Developing Countries? |
 | Reuven Glick, Xueyan Guo, and Michael M. Hutchison (June 1, 2004) Currency Crises, Capital Account Liberalization, and Selection Bias |
 | Terrie Carolan and Nirvikar Singh (May 1, 2004) Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992 |
 | Joshua Aizenman, Yeonho Lee, and Yeongseop Rhee (May 1, 2004) International reserves management and capital mobility in a volatile world: Policy considerations and a case study of Korea |
 | Nirvikar Singh and T. N. Srinivasan (May 1, 2004) Foreign Capital, Inflation, Sterilization, Crowding-Out and Growth: Some Illustrative Models |
 | M. Govinda Rao and Nirvikar Singh (April 2, 2004) The Political Economy of India’s Federal System and its Reform |
 | Michael M. Hutchison and Ilan Noy (April 1, 2004) Sudden Stops and the Mexican Wave: Currency Crises, Capital Flow Reversals and Output Loss in Emerging Markets |
 | M. Govinda Rao and Nirvikar Singh (April 1, 2004) Asymmetric Federalism in India |
 | Nirvikar Singh (March 1, 2004) Information Technology and Rural Development in India |
 | Carl E. Walsh (February 25, 2004) Implications of a Changing Economic Structure for the Strategy of Monetary Policy |
 | Menzie David Chinn and Robert W. Fairlie (February 1, 2004) The Determinants of the Global Digital Divide: A Cross-Country Analysis of Computer and Internet Penetration |
 | Michael LeBlanc and Menzie David Chinn (February 1, 2004) Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries |
 | Nirvikar Singh and T. N. Srinivasan (February 1, 2004) Fiscal Policy in India: Lessons and Priorities |
 | Xenia Matschke (January 1, 2004) Labor Market Rigidities and the Political Economy of Trade Protection |
 | Robert Dekle and Kenneth Kletzer (January 1, 2004) Deposit Insurance, Regulatory Forbearance and Economic Growth: Implications for the Japanese Banking Crisis |
PAPERS FROM 2003
|
 | Nirvikar Singh (December 1, 2003) Some Economic Consequences of India's Institutions of Governance: A Conceptual Framework |
 | Hiro Ito (November 30, 2003) Was Japan’s Real Interest Rate Really Too High During the 1990s? The Role of the Zero Interest Rate Bound and Other Factors |
 | Rasmus Fatum and Michael M. Hutchison (November 24, 2003) Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan |
 | Menzie Chinn and Jeffrey A. Frankel (November 22, 2003) The Euro Area and World Interest Rates |
 | Xenia N. Matschke and Shane M. Sherlund (November 4, 2003) DO LABOR ISSUES MATTER IN THE DETERMINATION OF U.S. TRADE POLICY? AN EMPIRICAL REEVALUATION |
 | Joshua Aizenman and Nancy P. Marion (November 1, 2003) International Reserve Holdings with Sovereign Risk and Costly Tax Collection |
 | Yin-Wong Cheung, Menzie Chinn, and Antonio Garcia Pascual (October 1, 2003) What Do We Know about Recent Exchange Rate Models? In-Sample Fit and Out-of-Sample Performance Evaluated |
 | Eileen Brooks (September 1, 2003) Why Don’t Firms Export More? Product Quality and Colombian Plants |
 | Joshua Aizenman and Reuven Glick (September 1, 2003) Military Expenditure, Threats, and Growth |
 | Eileen Brooks (July 1, 2003) Products and Prejudice: Measuring Country-of-Origin Bias in U.S. Wine Imports |
 | Yin-Wong Cheung, Menzie Chinn, and Eiji Fujii (June 16, 2003) The Chinese Economies in Global Context: The Integration Process and Its Determinants |
 | Yin-Wong Cheung, Menzie Chinn, and Eiji Fujii (June 1, 2003) China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration |
 | Yin-Wong Cheung, Menzie Chinn, and Antonio Garcia Pascual (June 1, 2003) Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive? |
 | Barry Eichengreen, Kenneth Kletzer, and Ashoka Mody (June 1, 2003) Crisis Resolution: Next Steps |
 | Lori Kletzer (June 1, 2003) Trade-related Job Loss and Wage Insurance: A Synthetic Review |
 | Rasmus Fatum and Barry Scholnick (May 30, 2003) Do Exchange Rates Respond to Day-to-Day Changes in Monetary Policy Expectations? Evidence from the Federal Funds Futures Market |
 | Rita Madarassy Akin (April 1, 2003) Maturity Effects in Futures Markets: Evidence from Eleven Financial Futures Markets |
 | K. C. Fung, Chelsea C. Lin, and Andrea M. Maechler (March 20, 2003) European Economic Integration and the Effectiveness of Employment Policies |
 | Carl E. Walsh (March 1, 2003) Labor Market Search, Sticky Prices, and Interest Rate Policies |
 | Robert Dekle and Kenneth Kletzer (March 1, 2003) The Japanese Banking Crisis and Economic Growth: Theoretical and Empirical Implications of Deposit Guarantees and Weak Financial Regulation |
 | Gaofeng Han, Kaliappa Kalirajan, and Nirvikar Singh (March 1, 2003) Productivity, Efficiency and Economic Growth: East Asia and the Rest of the World |
 | Kristin Forbes and Menzie Chinn (February 1, 2003) A Decomposition of Global Linkages in Financial Markets over Time |