Tariffs, Enforcement, and Customs Evasion: Evidence from India (2008)
Prachi Mishra, International Monetary Fund, Beata Javorcik, Charles Kramer, Nuno Limao, Aaditya Mattoo, ...
This paper is forthcoming in the Journal of Public Economics. We examine the effect of tariff policies on evasion of customs duties, in the context of the trade reform in India of the 1990s. By...
Banking on Foreigners: The Behavior of International Bank Lending to Latin America, (2007)
Maria Soledad, Martinez Peria, Andrew Powell, Ivanna Vladkova Hollar, Jel G N, Graciela Kaminsky, ...
Rising international bank financing to developing countries has motivated a debate on the behavior of these claims. We analyze claims from seven home (lender) countries on ten host (borrower)...
Jang-ting Guo, Zuzana Janko Z, Enrique Mendoza, Eric Leeper, Marc-andré Letendre, Stephanie Schmitt-grohé, ...
Standard dynamic small open economy models have predicted a counterfactual perfectly positive correlation between output and hours worked over the business cycle. In addition, this class of models...
Carlos Arteta, Galina Hale, Carlos Arteta, Galina Hale, Enrique Mendoza, Paolo Pasquariello, ...
The views in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco or the Board of Governors of...
The Dual Nature of Trade: Measuring its Impact on Imitation and Growth (2001)
Michelle Connolly, Jel F, Wolfgang Keller, Jean Lanjouw, Edward Leamer, Enrique Mendoza, ...
: Imports of goods that embody foreign technology can raise a country's output directly as inputs into production and indirectly through reverse-engineering of these goods, which contributes to...
The dual nature of trade: Measuring its impact on imitation and growth'', working paper (1998)
Michelle Connolly, Wolfgang Keller, Jean Lanjouw, Edward Leamer, Marjorie Mcelroy, Enrique Mendoza, ...
Imports of goods that embody foreign technology can raise a country’s output directly as inputs into production and indirectly through reverse engineering of these goods, contributing to domestic...
P. Marcelo Oviedo, Enrique Mendoza
Governments in emerging markets often behave like a "tormented insurer" who tries to smooth government outlays given the randomness of public revenues and in a challenging world in which "liability...
The Syndrome of Exchange-Rate-Based Stabilizations and the Uncertain Duration of Currency Pegs
Mendoza, Enrique, Uribe, Martin
This paper shows that some key stylized facts of exchange-rate-based stabilization plans can be explained by the uncertain duration of the plans themselves. Uncertain duration is modeled to reflect...
Rational Herd Behavior and the Globalization of Securities Markets
Calvo, Guillermo A., Mendoza, Enrique
This paper shows that globalization of securities markets exacerbates the volatility of capital flows by strengthening incentives for herding behavior. This is a prediction of a mean-variance...
Enrique Mendoza is Professor of International Economics & Finance at the University of Maryland and Resident Scholar at the International Monetary Fund. He has written extensively on international...
Empirical Puzzles of Chilean Stabilization Policy
Calvo, Guillermo A., Mendoza, Enrique
This paper reviews Chilean stabilization policy during the 1990s and argues that, while the merits of Chilean policy should be praised, there are four puzzles in conventional interpretations of the...