# Published Sort & Filters close ## Filters Year of Publication expand\_more 2025 (4) 2024 (2) 2022 (4) 2021 (2) 2020 (3) 2019 (2) 2018 (2) 2017 (5) 2016 (2) 2015 (1) 2014 (5) 2013 (2) 2012 (1) 2011 (4) 2010 (2) 2009 (2) 2008 (1) 2007 (3) 2006 (4) 2005 (2) 2004 (1) 1998 (1) Search Within Results Search Within Results search ## 32 results Show filters filter\_alt Sort by Year of PublicationAlphabetical A-Z sort ## 32 results Download 32 citations download- [BibTeX](/node/665551/export?format=bibtex) - [EndNote X3 XML](/node/665551/export?format=endnote8) - [EndNote 7 XML](/node/665551/export?format=endnote7) - [Endnote tagged](/node/665551/export?format=tagged) - [Marc](/node/665551/export?format=marc) - [PubMedId](/node/665551/export?format=pubmed_id) - [RIS](/node/665551/export?format=ris) ### Forthcoming Das, Mitali, Gita Gopinath, Helene Hall, Taehoon Kim, and Jeremy Stein. n.d. “[Central Banks As Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings](https://stein.scholars.harvard.edu/publication/central-banks-dollar-lenders-last-resort-implications-regulation-and-reserve-holdings)”. *American Economic Journal: Macroeconomics*. Das, Mitali, Gita Gopinath, Helene Hall, Taehoon Kim, and Jeremy Stein. n.d. “[Central Banks As Dollar Lenders of Last Resort: Implications for Regulation and Reserve Holdings](https://stein.scholars.harvard.edu/publication/central-banks-dollar-lenders-last-resort-implications-regulation-and-reserve-holdings)”. *American Economic Journal: Macroeconomics*. - add\_circle do\_not\_disturb\_on Abstract This paper explores how non-U.S. central banks behave when firms in their economies engage in currency mismatch, borrowing more heavily in dollars than justified by their operating exposures. We begin by documenting that, in a panel of 56 countries... ### 2025 Basu, Susan S, Emine Boz, Gita Gopinath, Francisco Roch, and Filiz D Unsal. (November) 2025. “[Integrated Monetary and Financial Policies for Small Open Economies](https://www.dropbox.com/scl/fi/3ceck83uypcjfhb7heb5i/IPF_final.pdf?rlkey=70k70lhjv46rwd4osh0jvr6fz&e=1&st=7xketrm8&dl=0)”. *Econometrica* 93. Basu, Susan S, Emine Boz, Gita Gopinath, Francisco Roch, and Filiz D Unsal. (November) 2025. “[Integrated Monetary and Financial Policies for Small Open Economies](https://www.dropbox.com/scl/fi/3ceck83uypcjfhb7heb5i/IPF_final.pdf?rlkey=70k70lhjv46rwd4osh0jvr6fz&e=1&st=7xketrm8&dl=0)”. *Econometrica* 93. - add\_circle do\_not\_disturb\_on Abstract - [Published version](https://www.econometricsociety.org/publications/econometrica/2025/11/01/Integrated-Monetary-and-Financial-Policies-for-Small-Open-Economies) We develop a tractable small-open-economy framework to characterize the constrained efficient use of the monetary policy rate, foreign exchange (FX) intervention, capital controls, and domestic macroprudential measures. The model features dominant... - [Published version](https://www.econometricsociety.org/publications/econometrica/2025/11/01/Integrated-Monetary-and-Financial-Policies-for-Small-Open-Economies) Gopinath, Gita, Josefin Meyer, Christoph Trebesch, and Carmen Reinhart. (May) 2025. “[Sovereign Vs. Corporate Debt and Default: More Similar Than You Think](https://www.hks.harvard.edu/centers/mrcbg/programs/growthpolicy/sovereign-vs-corporate-debt-and-default-more-similar-you-think)”. *Journal of International Economics* 155. Gopinath, Gita, Josefin Meyer, Christoph Trebesch, and Carmen Reinhart. (May) 2025. “[Sovereign Vs. Corporate Debt and Default: More Similar Than You Think](https://www.hks.harvard.edu/centers/mrcbg/programs/growthpolicy/sovereign-vs-corporate-debt-and-default-more-similar-you-think)”. *Journal of International Economics* 155. - add\_circle do\_not\_disturb\_on Abstract Theory suggests that corporate and sovereign bonds are fundamentally different, also because sovereign debt has no bankruptcy mechanism and is hard to enforce. We show empirically that the two assets are more similar than you think, at least when it comes... Gopinath, Gita, Pierre-Olivier Gourinchas, Andrea F Presbitero, and Petia Topalova. (January) 2025. “[Changing Global Linkages: A New Cold War?](https://www.sciencedirect.com/science/article/abs/pii/S0022199624001697)”. *Journal of International Economics* 153. doi:https://doi.org/10.5089/9798400272745.001. Gopinath, Gita, Pierre-Olivier Gourinchas, Andrea F Presbitero, and Petia Topalova. (January) 2025. “[Changing Global Linkages: A New Cold War?](https://www.sciencedirect.com/science/article/abs/pii/S0022199624001697)”. *Journal of International Economics* 153. doi:https://doi.org/10.5089/9798400272745.001. - add\_circle do\_not\_disturb\_on Abstract Global linkages are changing amidst elevated geopolitical tensions and a surge in policies directed at increasing supply chain resilience and national security. Using granular bilateral data, we provide new evidence of trade and investment fragmentation... ### 2022 Agarwal, Ruchir, and Gita Gopinath. (December) 2022. “[Seven Finance and Trade Lessons from Covid-19 for Future Pandemics](/publication/seven-finance-and-trade-lessons-covid-19-future-pandemics)”. *Oxford Review of Economic Policy* 38 (4). doi:https://doi.org/10.1093/oxrep/grac031. Agarwal, Ruchir, and Gita Gopinath. (December) 2022. “[Seven Finance and Trade Lessons from Covid-19 for Future Pandemics](/publication/seven-finance-and-trade-lessons-covid-19-future-pandemics)”. *Oxford Review of Economic Policy* 38 (4). doi:https://doi.org/10.1093/oxrep/grac031. - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://academic.oup.com/oxrep/article/38/4/876/6896152?login=true) Pandemics and epidemics pose systemic risks to lives, societies, and to global economic security—and their frequency is expected to increase as rising trade and increased human interaction with animals leads to the emergence of new diseases. The Covid-19... - [ descriptionPublisher's Version](https://academic.oup.com/oxrep/article/38/4/876/6896152?login=true) Boz, Emine, Camila Casas, Georgios Georgiadis, Gita Gopinath, Helena Le Mezo, Arnaud Mehl, and Tra Nguyen. (May) 2022. “[Patterns of Invoicing Currency in Global Trade: New Evidence](/publication/patterns-invoicing-currency-global-trade-new-evidence)”. *Journal of International Economics*. doi:https://doi.org/10.1016/j.jinteco.2022.103604. Boz, Emine, Camila Casas, Georgios Georgiadis, Gita Gopinath, Helena Le Mezo, Arnaud Mehl, and Tra Nguyen. (May) 2022. “[Patterns of Invoicing Currency in Global Trade: New Evidence](/publication/patterns-invoicing-currency-global-trade-new-evidence)”. *Journal of International Economics*. doi:https://doi.org/10.1016/j.jinteco.2022.103604. - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://www.sciencedirect.com/science/article/pii/S0022199622000368) This paper presents the most comprehensive and up-to-date panel data set of invoicing currency patterns in global trade. It provides data on the shares of exports and imports invoiced in US dollars, euros, and other currencies for 115 countries since 1990... - [ descriptionPublisher's Version](https://www.sciencedirect.com/science/article/pii/S0022199622000368) ### 2021 Gopinath, Gita, and Jeremy Stein. (April) 2021. “[Banking, Trade, and the Making of a Dominant Currency](/publication/banking-trade-and-making-dominant-currency)”. *Quarterly Journal of Economics* 136. Gopinath, Gita, and Jeremy Stein. (April) 2021. “[Banking, Trade, and the Making of a Dominant Currency](/publication/banking-trade-and-making-dominant-currency)”. *Quarterly Journal of Economics* 136. - [ picture\_as\_pdfdominant\_currency.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dominant_currency.pdf) - [ picture\_as\_pdfdominant\_currency.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dominant_currency.pdf) Cavallo, Alberto, Gita Gopinath, Brent Neiman, and Jenny Tang. (March) 2021. “[Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy](/publications/tariff-passthrough-border-and-store-evidence-us-trade-policy)”. *American Economic Review: Insights*. Cavallo, Alberto, Gita Gopinath, Brent Neiman, and Jenny Tang. (March) 2021. “[Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy](/publications/tariff-passthrough-border-and-store-evidence-us-trade-policy)”. *American Economic Review: Insights*. - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/aeri.20190536) - [ picture\_as\_pdfcgnt\_01.pdf](/sites/g/files/omnuum5916/files/gopinath/files/cgnt_01.pdf) - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/aeri.20190536) - [ picture\_as\_pdfcgnt\_01.pdf](/sites/g/files/omnuum5916/files/gopinath/files/cgnt_01.pdf) ### 2020 Chodorow-Reich, Gita Gopinath Prachi Mishra Abhinav Narayan, Gabriel. 2020. “[Cash and the Economy: Evidence from India’s Demonetization](/publications/cash-and-economy-evidence-india%E2%80%99s-demonetization)”. *Quarterly Journal of Economics* 135 (1): 57–103. Chodorow-Reich, Gita Gopinath Prachi Mishra Abhinav Narayan, Gabriel. 2020. “[Cash and the Economy: Evidence from India’s Demonetization](/publications/cash-and-economy-evidence-india%E2%80%99s-demonetization)”. *Quarterly Journal of Economics* 135 (1): 57–103. - [ descriptionPublisher's Version](https://doi.org/10.1093/qje/qjz027) - [ picture\_as\_pdfdmnzn.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dmnzn.pdf) - [ descriptionPublisher's Version](https://doi.org/10.1093/qje/qjz027) - [ picture\_as\_pdfdmnzn.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dmnzn.pdf) Gopinath, Emine Boz Camila Casas Federico Diez Pierre-Olivier Gourinchas Mikkel Plagborg-Moller, Gita. 2020. “[Dominant Currency Paradigm](/publications/dominant-currency-paradigm-1)”. *American Economic Review* 110 (3): 677-719. Gopinath, Emine Boz Camila Casas Federico Diez Pierre-Olivier Gourinchas Mikkel Plagborg-Moller, Gita. 2020. “[Dominant Currency Paradigm](/publications/dominant-currency-paradigm-1)”. *American Economic Review* 110 (3): 677-719. - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/aer.20171201) - [ picture\_as\_pdfdcp.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dcp.pdf) - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/aer.20171201) - [ picture\_as\_pdfdcp.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dcp.pdf) ### 2019 Emine Boz, Mikkel Plagborg-Moller, Gita Gopinath. 2019. “[Dollar Invoicing and the Heterogeneity of Exchange Rate Pass-Through](/publications/dollar-invoicing-and-heterogeneity-exchange-rate-pass-through)”. *American Economic Review, Papers & Proceedings* 109: 527-32. Emine Boz, Mikkel Plagborg-Moller, Gita Gopinath. 2019. “[Dollar Invoicing and the Heterogeneity of Exchange Rate Pass-Through](/publications/dollar-invoicing-and-heterogeneity-exchange-rate-pass-through)”. *American Economic Review, Papers & Proceedings* 109: 527-32. - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/pandp.20191009) - [ picture\_as\_pdfdollar\_invoicing.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dollar_invoicing.pdf) - [ descriptionPublisher's Version](https://www.aeaweb.org/articles?id=10.1257/pandp.20191009) - [ picture\_as\_pdfdollar\_invoicing.pdf](/sites/g/files/omnuum5916/files/gopinath/files/dollar_invoicing.pdf) ### 2018 Barbiero, Omar, Emmanuel Farhi, Gita Gopinath, and Oleg Itskhoki. 2018. “[The Macroeconomics of Border Taxes](/publications/economics-border-adjustment-tax)”. *NBER Macroeconomics Annual*. Barbiero, Omar, Emmanuel Farhi, Gita Gopinath, and Oleg Itskhoki. 2018. “[The Macroeconomics of Border Taxes](/publications/economics-border-adjustment-tax)”. *NBER Macroeconomics Annual*. - [ descriptionPublisher's Version](https://www.nber.org/papers/w24702) - [ picture\_as\_pdfw24702.pdf](/sites/g/files/omnuum5916/files/gopinath/files/w24702.pdf) - [ descriptionPublisher's Version](https://www.nber.org/papers/w24702) - [ picture\_as\_pdfw24702.pdf](/sites/g/files/omnuum5916/files/gopinath/files/w24702.pdf) - Previous page chevron\_left - [1](?page=0 "Current page") - [2](?page=1 "Go to page 2") - [3](?page=2 "Go to page 3") - [ Next page chevron\_right ](?page=1 "Go to next page")