Jonathan D. Ostry
Economist
Jonathan D. Ostry's AcademicInfluence.com Rankings
Download Badge
Economics
Why Is Jonathan D. Ostry Influential?
(Suggest an Edit or Addition)According to Wikipedia, Jonathan David Ostry is an international economist who has served as Deputy Director of the Research Department and Acting Director of the Asia and Pacific Department at the International Monetary Fund in Washington DC. He is Professor of the Practice at Georgetown University in Washington D.C. He is also a Research Fellow at the Centre for Economic Policy Research in London, England, and a Non-Resident Research Fellow at Bruegel in Brussels. His recent work has focused on the management of international capital flows, in particular the role of capital controls; this work has been influential in bringing about a shift in the institutional position of the IMF on capital controls. Ostry has also published influential studies on the relationship between income inequality and economic growth, where his work—which has featured prominently in the financial press—suggests that high income inequality and a failure to sustain economic growth may be two sides of the same coin. His other work focuses on fiscal sustainability issues . Ostry has many distinguished academic publications, and his work has been cited widely in scholarly journals, and in the press, including The Economist, the Financial Times, The Wall Street Journal, The New York Times and The Washington Post. Ostry was listed in Who’s Who in Economics in 2003. He was named one of the 100 most powerful people in global finance by Worth magazine in 2016, and as one of the economists whose research shaped the world in 2017.
Jonathan D. Ostry's Published Works
Published Works
- Redistribution, Inequality, and Growth (2014) (950)
- Capital Inflows: The Role of Controls (2010) (745)
- Inequality and Unsustainable Growth: Two Sides of the Same Coin? (2011) (688)
- Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies (2011) (570)
- What Makes Growth Sustained? (2007) (479)
- Managing Capital Inflows: What Tools to Use? (2011) (358)
- Saving Behavior in Low- and Middle-Income Developing Countries: A Comparison (1995) (340)
- La Liberalización Y El Manejo De Los Flujos De Capital: Una Visión Institucional (The Liberalization and Management of Capital Flows: An Institutional View) (2013) (340)
- Does the Nominal Exchange Rate Regime Matter (1997) (325)
- Does the Nominal Exchange Rate Regime Matter? (1995) (302)
- Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies (2012) (286)
- Prospects for Sustained Growth in Africa: Benchmarking the Constraints (2007) (278)
- Tools for managing financial-stability risks from capital inflows (2012) (277)
- Private Saving and Terms of Trade Shocks: Evidence from Developing Countries (1991) (275)
- Exchange Rate Assessments; CGER Methodologies (2008) (270)
- Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries: A 'Fan-Chart' Approach (2006) (234)
- Accounting for China's Growth Performance (1996) (227)
- International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"? (2007) (198)
- Redistribution, inequality, and growth: new evidence (2018) (195)
- The Current Account in Developing Countries: A Perspective from the Consumption-Smoothing Approach (1995) (194)
- The Economic Effects of COVID-19 Containment Measures (2020) (186)
- Reaping the Benefits of Financial Globalization (2008) (159)
- Exchange Rate Management and Crisis Susceptibility: A Reassessment (2014) (136)
- Export Instability and the External Balance in Developing Countries (1994) (134)
- Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence (2015) (129)
- International Evidence on Fiscal Solvency: Is Fiscal Policy Responsible? (2007) (127)
- Capital Controls: When and Why? (2011) (126)
- Private Saving and Terms of Trade Shocks (1991) (122)
- A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies (2017) (121)
- Structural Reforms and Economic Performance in Advanced and Developing Countries (2009) (113)
- What Makes Growth Sustained (2008) (101)
- When Should Public Debt Be Reduced (2015) (97)
- The balance of trade, terms of trade, and real exchange rate (1988) (97)
- Primary Surpluses and sustainable Debt Levels in Emerging Market Countries (2005) (94)
- Private Saving and Terms of Trade Shocks : Evidence From Developing Countries (1991) (93)
- Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s (2012) (93)
- Saving and Terms of Trade Shocks: Evidence from Developing Countries (1992) (92)
- Exchange Rate Regimes and the Stability of the International Monetary System (2011) (90)
- Macroeconomic Shocks and Trade Flows within Sub-Saharan Africa: Implications for Optimum Currency Arrangements (1995) (89)
- Multilateral Aspects of Managing the Capital Account (2012) (88)
- The Effect of Containment Measures on the Covid-19 Pandemic (2020) (86)
- When Do Capital Inflow Surges End in Tears (2016) (84)
- Coping with the Crisis: Policy Options for Emerging Market Countries (2009) (84)
- Macroeconomic uncertainty, precautionary saving, and the current account (1997) (82)
- An empirical evaluation of the macroeconomic effects of tarrifs (1992) (81)
- The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data (2018) (80)
- Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries (1991) (75)
- Fiscal space and sovereign risk pricing in a currency union (2013) (73)
- Economic Gains From Gender Inclusion; New Mechanisms, New Evidence (2018) (67)
- The Prospects for Sustained Growth in Africa: Benchmarking the Constraints (2007) (67)
- An Empirical Analysis of the Output Declines in Three Eastern European Countries (1993) (65)
- International Evidence on Fiscal Solvency: Is Fiscal Policy (2007) (63)
- Managing the Tide: How Do Emerging Markets Respond to Capital Flows? (2017) (60)
- Taming the Tide of Capital Flows: A Policy Guide (2018) (59)
- Response of the Equilibrium Real Exchange Rate to Real Disturbances in Developing Countries (1991) (58)
- Current Account Imbalances in ASEAN Countries: Are They a Problem? (1997) (58)
- Managing Capital Inflows: The Role of Capital Controls and Prudential Policies (2011) (57)
- Methodology for CGER Exchange Rate Assessments; November 8, 2006 (2006) (57)
- Country Insurance: The Role of Domestic Policies (2007) (54)
- Managing Capital Flows: What Tools to Use? (2012) (49)
- Robust determinants of income inequality (2019) (47)
- Capital Flows: Expansionary or Contractionary? (2016) (47)
- Growth-Equity Trade-Offs in Structural Reforms (2018) (46)
- Coping with a crisis. (2009) (43)
- Trade Liberalization in Developing Countries: Initial Trade Distortions and Imported Intermediate Inputs (1990) (42)
- Japan's Lost Decade: Policies for Economic Revival (2003) (42)
- Obstacles to International Policy Coordination, and How to Overcome Them (2013) (42)
- Macroeconomic Consequences of Tariffs (2018) (41)
- Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s (2016) (39)
- A Theory of International Crisis Lending and IMF Conditionality (2008) (36)
- COVID-19 will raise inequality if past pandemics are a guide. 08/05/2020 (2020) (35)
- Terms of Trade Disturbances, Real Exchange Rates and Welfare: the Role of Capital Controls and Labor Market Distortions (1989) (33)
- Structural Reforms and Elections: Evidence from a World-Wide New Dataset (2020) (32)
- Exchange Rate Management and Crisis Susceptibility: A Reassessment (2014) (30)
- Macroeconomic Uncertainty, Precautionary Savings and the Current Account (1992) (30)
- Strengthening IMF Crisis Prevention (2005) (30)
- Macroeconomic Shocks and Trade Flows within Sub-Saharan Africa : Implications for Optimum Currency Arrangements (1995) (30)
- Confronting Inequality (2019) (29)
- Anticipated protectionist policies, real exchange rates, and the current account: the case of rigid wages (1990) (28)
- Household Saving in France: Stochastic Income and Financial Deregulation (1994) (27)
- The Balance of Trade, the Terms of Trade, and the Real Exchange Rate: An Intertemporal Optimizing Framework (1988) (27)
- On the obstacles to international policy coordination (2016) (26)
- Real Exchange Rate Targeting Under Capital Controls: Can Money Provide a Nominal Anchor? (1991) (25)
- Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics (2021) (25)
- Does Excess Liquidity Pose a Threat in Japan? (2005) (25)
- Inequality and Unsustainable Growth (2011) (25)
- Saving Behavior in Low and Middle-Income Developing Countries; A Comparison (1995) (25)
- The impact of weather on COVID-19 pandemic (2021) (24)
- Do Capital Flows Reflect Economic Fundamentals in Developing Countries? (1993) (23)
- Government Purchases and Relative Prices in a Two-Country World (1989) (23)
- The effects of COVID-19 vaccines on economic activity (2021) (22)
- Corporate Investment and the Real Exchange Rate (2017) (21)
- The Parallel Market Premium: Is It a Reliable Indicator of Real Exchange Rate Misalignment in Developing Countries? (1994) (19)
- Accounting for emerging market countries' international reserves: Are Pacific Rim countries different? (2014) (19)
- Anticipating the next crisis What can early warning systems be expected to deliver (2009) (17)
- Anticipated Protectionist Policies, Real Exchange Rates and the Current Account (1987) (17)
- Global Financial Cycles and the Exchange Rate Regime: A Perspective from Emerging Markets (2018) (17)
- Debt Sustainability (2019) (16)
- The Prospects for Sustained Growth in Africa (2007) (16)
- Saving and real interest rates in developing countries (1995) (16)
- The Effects of Fiscal Measures During COVID-19 (2021) (14)
- Managing Capital Flows: What Tools to Use? Asian Development Review, Vol. 29(1), pp. 82-88 (2012) (14)
- The rise in inequality after pandemics: can fiscal support play a mitigating role? (2021) (14)
- Tariffs, real exchange rates, and the trade balance in a two-country world (1991) (13)
- Managing Capital Outflows with Limited Reserves (2018) (13)
- Structural and Macroeconomic Determinants of the Output Decline in Poland; 1990-91 (1992) (13)
- Boosting fiscal space: the roles of GDP-linked debt and longer maturities (2018) (12)
- The Output Decline in the Aftermath of Reform: The Cases of Bulgaria, Czechoslovakia, and Romania (1992) (12)
- Is the Parallel Market Premium a Reliable Indicator of Real Exchange Rate Misalignment in Developing Countries? (1993) (11)
- Shipping costs and inflation (2022) (10)
- Household Saving in France (1994) (10)
- Tariffs and the Current Account: The Role of Initial Distortions (1990) (10)
- Inequality and the Duration of Growth (2015) (10)
- Redistribution , Inequality , and Growth Prepared by (2014) (10)
- Assessing Reserve Adequacy; IMF Policy Papers; February 14, 2011 (2011) (9)
- Are Climate Change Policies Politically Costly? (2021) (8)
- Real exchange rate targeting in developing countries (1993) (8)
- Initial Output Losses from the COVID-19 Pandemic: Robust Determinants (2021) (8)
- El ahorro y 1a tasa de interes real en los paises en desarrollo [Saving and the Real Interest Rate in Developing Countries] (1995) (8)
- Debt Sustainability in Emerging Market Countries: A 'Fan Chart' Approach (2006) (7)
- IMF POLICY ADVICE TO EMERGING MARKET ECONOMIES DURING THE 2008–2009 CRISIS: NEW FUND OR NEW FUNDAMENTALS? (2011) (7)
- Tariffs and the Macroeconomy: Evidence from the USA (1989) (7)
- Household Saving in France; Stochastic Income and Financial Deregulation (1994) (7)
- Managing the Exchange Rate in the Face of Volatile Capital Flows (2016) (6)
- Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics (2021) (6)
- Managing Capital Outflows: The Role of Foreign Exchange Intervention (2016) (6)
- Are tariffs bad for growth? Yes, say five decades of data from 150 countries☆ (2020) (6)
- Vaccinate Early and Vaccinate Broadly: On the health and Economic Effects of COVID-19 Vaccines (2021) (6)
- Common Causes or Structural Adjustment? Output Decline in Eastern Europe and Poland (1995) (5)
- Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes (2021) (5)
- The Political Costs of Reforms (2019) (5)
- Economic Reform and Structural Adjustment in East European Industry (1994) (4)
- Financial Globalization, Fiscal Policies and the Distribution of Income (2020) (4)
- A Measurement of Aggregate Trade Restrictions and their Economic Effects (2022) (3)
- Managing Capital Inflows: Old and New Debates (2013) (3)
- Real Exchange Rate Targeting Under Capital Controls (1991) (3)
- How Inequality Damages Economies (2012) (3)
- Selective Government Interventions and Economic Growth - A Survey of the Asian Experience and its Applicability to New Zealand (1993) (3)
- Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence (2017) (3)
- Creative Destruction During Crises - an Opportunity for a Cleaner Energy Mix (2021) (2)
- Growth‐equity trade‐offs in structural reforms (2020) (2)
- Terms of Trade Disturbances, Real Exchange Rates, and Welfare: The Role of Capital Controls and Labor Market Distortions (1989) (2)
- The Output Decline in the Aftermath of Reform (1992) (2)
- Sovereign Debt : A Guide for Economists and Practitioners ” Chapter 4 . Public Debt Sustainability (2018) (2)
- Inequality and the Fragility of Growth (2016) (2)
- Worse than you think: Public debt forecast errors in advanced and developing economies † (2023) (2)
- Macrofinancial Linkages: Trends, Crises, and Policies (2010) (2)
- Globalization, Redistribution, and the Size of Government (2019) (2)
- Capital Inflows: The Role of Controls (Entradas de Capital: El Papel de los Controles) (Spanish) (2010) (2)
- Managing the Tide (2017) (2)
- Structural Reforms and Election Evidence from a World-Wide New Dataset Sept 6 , 2019 (2019) (2)
- Tariffs and the Macroeconomy: Some Empirical Evidence (1989) (2)
- External Shocks and Inflation in Developing Countries Under a Real Exchange Rate Rule (1992) (1)
- WHEN SHOULD PUBLIC DEBT BE REDUCED ? INTERNATIONAL MONETARY FUND When Should Public Debt Be Reduced ? (2015) (1)
- Managing Capital Flows: Some Recent Evidence (2012) (1)
- The Macroeconomy After Tariffs (2021) (1)
- Managing Capital Flows — Capital Controls and Foreign Exchange Intervention (2015) (1)
- Trade, Growth and Inequality: Evidence from China (Preliminary), by Bin Grace Li, Prakash Loungani, and Jonathan D. Ostry (2018) (1)
- Real Exchange Rate Targeting Under Capital Controls; Can Money Provide a Nominal Anchor? (1991) (1)
- Selective Government Interventions and Economic Growth (1993) (1)
- Boosting Fiscal Space (2018) (1)
- About this Research Review (2015) (0)
- A Tie That Binds (2017) (0)
- The Armistice of the Sexes: Gender Complementarities in the Production Function (2019) (0)
- Table of Contents (2009) (0)
- Balance-sheet Vulnerabilities (2018) (0)
- Existing Exchange Rate Arrangements 3 III . Stylized Facts 4 IV . Estimation and Empirical Results 14 (2012) (0)
- Trade restrictions with imported intermediate inputs: A comment (1992) (0)
- 14TH JACQUES POLAK ANNUAL RESEARCH CONFERENCE; NOVEMBER 7–8, 2013 (2013) (0)
- SPILLOVERS FROM US MONETARY SHOCKS: ROLE OF POLICY DRIVERS AND CYCLICAL CONDITIONS (2022) (0)
- Pink knickers beat the blitz. (1999) (0)
- IV. Self-Insurance Through International Reserves (2007) (0)
- 3. Are New Economic Policy Rules Desirable to Mitigate Rising National Inequalities? (2019) (0)
- Comment on “U.S. monetary policy and fluctuations of international bank lending” by Stefan Avdjiev and Galina Hale (2019) (0)
- 3 Banks and Credit in Japan (2003) (0)
- Managing Capital Outflows with Limited Reserves (2018) (0)
- Toward the Policy Maker’s Vade Mecum (2018) (0)
- Debt Maturity: Does It Matter for Fiscal Space?; by Jun Il Kim; IMF Working Paper WP/15/257; December 2015 (2015) (0)
- III. Sound Fundamentals and Liability Structures (2007) (0)
- Regulating Capital Flows: A Historical Perspective (2018) (0)
- Structural and Macroeconomic Determinants of the Output Decline in Poland : 1990-91 (1992) (0)
- Cost-benefit analysis of age-specific deconfinement strategies (2020) (0)
- Capital Controls: When Are Multilateral Considerations of the Essence?* (2014) (0)
- The second factor identified by the authors is the overall global regime for cross-border bank lending from advanced to emerging market countries. Are global conditions characterized by booming cross-border AE-to-EM flows (2018) (0)
- Singapore: Statistical Appendix (1995) (0)
- WP / 19 / 135 E-commerce as a Potential New Engine for Growth in Asia by Tidiane Kinda (2019) (0)
- A New Development Paradigm: What Would It Take to Achieve a More Inclusive, Greener and Resilient Region? (0)
- Chapter 8. The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970–2004 (2010) (0)
- Two Targets, Two Instruments (2012) (0)
- WP / 18 / 5 Growth-Equity Trade-offs in Structural Reforms (2018) (0)
- Multilateral Aspects of Managing the Capital Account1 (2012) (0)
- Are Climate Change Policies Politically Costly?, WP/21/156, June 2021 (2021) (0)
- Current Account Imbalances in AsEAN Countries (1997) (0)
- Managing Macroeconomic Imbalances: A Simple Model (2018) (0)
- Retaliation Through Temporary Trade Barriers (2022) (0)
- 5. Should Governments Reduce Public Debt (2015) (0)
- A MODEL OF THE BIOMECHANICS AND NEURAL CONTROL OF THE TONGUE , JAW , HYOID BONE AND LARYNX (1999) (0)
- 7 Fiscal Policies During the Demographic Transition (2003) (0)
- Shipping Costs and Inflation, WP/22/61, March 2022 (2022) (0)
- Inequality and Unsustainable Growth: Two Sides of the Same Coin? (2017) (0)
- Consequences and Crashes (2018) (0)
- Chapter 16. International Reserves in Emerging Market Countries: Too Much of a Good Thing? (2010) (0)
- Redistribution, inequality, and growth: new evidence (2018) (0)
- Should Inflation Targeters Intervene in the Foreign Exchange Market (2018) (0)
- Exercises in Intertemporal Open-Economy Macroeconomics (1997) (0)
- Making the Case for Reform (2019) (0)
- Corporate Investment and the Real Exchange Rate, WP/17/183, August 2017 (2017) (0)
- Retaliatory temporary trade barriers: New facts and patterns (2021) (0)
- Financial Globalization, Fiscal Policies and the Distribution of Income (2020) (0)
- Effectiveness of Policy Instruments (2018) (0)
- Populism and Civil Society, WP/18/245, November 2018 (2018) (0)
- What Do Countries Do (2018) (0)
- The effects of COVID-19 vaccines on economic activity (2022) (0)
- International Evidenceon Fiscal Solvency (2007) (0)
- ADB Forum on the Use of Capital Controls (2012) (0)
- Public Debt Sustainability (2019) (0)
- VII Financial Sector Reforms and Resilience (2009) (0)
This paper list is powered by the following services:
Other Resources About Jonathan D. Ostry
What Schools Are Affiliated With Jonathan D. Ostry?
Jonathan D. Ostry is affiliated with the following schools: