Graciela Laura Kaminsky

I am a Professor of Economics and International Affairs at George Washington University and a Faculty Research Associate at the National Bureau of Economic Research.

My research focuses on contagion, currency and financial crises, exchange rates, fiscal and monetary policies, international capital flows, and sovereign debt crises.

I am currently working on a project on International Borrowing Cycles starting in the early 1800s. I have constructed a unique granular database on international capital flows, which includes every bond, loan, and share issued in international capital markets over two hundred years. This database allows me to solve important puzzles in international macroeconomics, such as, what has triggered the waves of sovereign debt crises around the world for hundreds of years as well as what the role of monetary policy in the financial center is on booms and busts in the periphery.