P
Paul R. Masson
Researcher at University of Toronto
Publications - 251
Citations - 10116
Paul R. Masson is an academic researcher from University of Toronto. The author has contributed to research in topics: Monetary policy & Exchange rate. The author has an hindex of 52, co-authored 251 publications receiving 9909 citations. Previous affiliations of Paul R. Masson include International Monetary Fund & C. D. Howe Institute.
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Contagion: Monsoonal Effects, Spillovers, and Jumps Between Multiple Equilibria
Paul R. Masson,Paul R. Masson +1 more
TL;DR: In this paper, a simple balance-of-payments model is presented to illustrate contagion, and some back-ofthe-envelope calculations assess its relevance to the coincidence of emerging market crises in 1994-95 and in 1997.
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International Evidence on the Determinants of Private Saving
TL;DR: In this article, a broad set of possible determinants of private saving behavior was examined using data for a large sample of industrial and developing countries, and both time-series and cross-sectional estimates were obtained.
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Fiscal flows in the United States and Canada: Lessons for monetary union in Europe
Tamim Bayoumi,Paul R. Masson +1 more
TL;DR: This article analyzed long-term and short-term responses to regional business cycles in the United States and Canada using tax and transfer data, and found that the redistributive effect is larger than the stabilization effect in both countries.
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Credibility of Policies Versus Credibility of Policymakers
Allan Drazen,Paul R. Masson +1 more
TL;DR: In this article, the authors present a model in which a policymaker maintains a fixed parity in good times, but devalues if the unemployment rate gets too high, and the main conclusion is that observing a tough policy in a given period may lower rather than raise the credibility of a no-devaluation pledge in subsequent periods.
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Contagion:: macroeconomic models with multiple equilibria
TL;DR: In this paper, a simple balance-of-payments model is presented to illustrate contagion and some back-ofthe-envelope calculations assess its relevance to the coincidence of emerging market crises in 1994-95 and in 1997.