current research

China's financial spillovers to emerging markets
This paper analyzes the financial spillovers of shocks originating in China to emerging markets. Using a high-frequency identification …
Rodolfo G. Campos, Ana-Simona Manu, Luis Molina, Marta Suárez-Varela
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Does the WTO promote prade? A meta-analysis
The World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Trade (GATT), are key institutions of the …
Rodolfo G. Campos, Mario Larch, Jacopo Timini, Elena Vidal, Yoto V. Yotov
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The economic consequences of geopolitical fragmentation: Evidence from the Cold War
The Cold War was the defining episode of geopolitical fragmentation in the twentieth century. Trade between East and West across the …
Rodolfo G. Campos, Benedikt Heid, Jacopo Timini
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Navigating by Falling Stars. Monetary Policy with Fiscally Driven Natural Rates
We study a new type of monetary-fiscal interaction in a heterogeneous-agent New Keynesian model with a fiscal block. Due to household …
Rodolfo G. Campos, Jesús Fernández-Villaverde, Galo Nuño, Peter Paz
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How Far Has Globalization Gone? A Tale of Two Regions
We study the evolution of trade globalization in a set of countries in Latin America (mostly the largest ones) and Asia over the past …
Rodolfo G. Campos, Samuel Pienknagura, Jacopo Timini
PDF Cite SUERF Policy Brief WP BdE WP IMF