M. Obstfeld

Publications245
h-index72
Citations35,174
Highly Influential Citations1,936
Claim Author Page
Author pages are created from data sourced from our academic publisher partnerships and public sources.

Recommended Authors

  • Kenneth S. Rogoff
  • 318 Publications • 61,723 Citations
  • Barry Eichengreen
  • 823 Publications • 43,388 Citations
  • Alan M. Taylor
  • 289 Publications • 18,065 Citations
  • J. Frankel
  • 481 Publications • 43,759 Citations
  • Publications
  • Influence
Foundations of International Macroeconomics
Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and…
View via Publisher
Exchange Rate Dynamics Redux
We develop an analytically tractable two-country model that marries a full account of global macroeconomic dynamics to a supply framework based on monopolistic competition and sticky nominal prices.…
View on U Chicago Press
The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?
The central claim in this paper is that by explicitly introducing costs of international trade (narrowly, transport costs, but more broadly, tariffs, nontariff barriers, and other trade costs), one…
View on U Chicago Press
Risk-Taking, Global Diversification, and Growth
This paper develops a dynamic continuous-time model in which international risk sharing can yield substantial welfare gains through its positive effect on expected consumption growth. The mechanism…
View on SSRN
Commodity Trade and International Risk Sharing: How Much Do Financial Markets Matter?
View on SSRN
The Logic of Currency Crises
Once one recognizes that governments borrow international reserves and exercise other policy options to defend fixed exchange rates during currency crises, the question arises: What factors determine…
View on SSRN
Models of Currency Crises with Self-Fulfilling Features
View on SSRN
New Directions for Stochastic Open Economy Models
View on SSRN
Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited
We propose that analysis of purchasing power parity (PPP) and the law of one price (LOOP) should explicitly take into account the possibility of commodity points' thresholds delineating a region of…
View on SSRN
International Economics: Theory and Policy
1. Introduction 2. World Trade: An Overview 3. Labor Productivity and Comparative Advantage: The Ricardian Model 4. Specific Factors and Income Distribution 5. Resources and Trade: The…
...
...