Frank Warnock

 
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Feature: Financial Sector Development


Working Papers


 
Ammer, J., S. Holland, D. Smith, and F. Warnock, 2008. Why Do U.S. Cross-Listings Matter? IFDP 930. [WP7]
 
Ammer, J., S. Holland, D. Smith, and F. Warnock, 2006. Look at me now: What attracts U.S. shareholders? NBER WP 12500. Featured in NBER Digest. [WP6]
  Burger, J., A. Rebucci, F. Warnock, and V. Warnock, 2009. External Capital Structures and Oil Price Volatility. [WP5]
  Burger, J., F. Warnock, and V. Warnock, 2010. Investing in local currency bond markets. [WP4]

  
Cai, F., and F. Warnock, 2006. International Diversification at Home and Abroad. NBER Working Paper 12220. Featured in NBER Digest. [WP3]
  Curcuru, S., C. Thomas, F. Warnock, and J. Wongswan, 2009. U.S. international equity investment and past and prospective returns. [WP2]

 
Rothenberg, A., and F. Warnock, 2006. Sudden flight and true sudden stops. NBER WP 12726. [WP1]
 

Published

  van Wincoop, E., and F. Warnock, forthcoming. Is home bias in assets related to home bias in goods? Journal of International Money and Finance. [P29]

  Curcuru, S., T. Dvorak, and F. Warnock, 2010. Decomposing the U.S. External Returns Differential. Journal of International Economics 80: 22-32. NBER WP version. [P28] 

 
 Warnock, F., and V. Warnock, 2009. International capital flows and U.S. interest rates. Journal of International Money and Finance 28: 903-919. Lead Article.  Data. Featured in NBER Digest. [P27]
  Leuz, C., K. Lins, and F. Warnock, 2009. Do Foreigners Invest Less in Poorly Governed Firms? Review of Financial Studies 22(8): 3245-3285. [P26]
  Kho, B.C., R. Stulz, and F. Warnock, 2009. Financial globalization, governance, and the evolution of the home bias.
Journal of Accounting Research 47: 597-635.  [P25]
  Curcuru, S., C. Thomas, and F. Warnock, 2009.
 Current Account Sustainability and Relative Reliability. in J. Frankel and C. Pissarides (ed) NBER International Seminar on Macroeconomics 2008. University of Chicago Press, pgs 67-109. Data. Featured in Fed Governor Krozner's speech. [P24]

 
Curcuru, S., T. Dvorak, and F. Warnock, 2008. Cross-Border Returns Differentials. Quarterly Journal of Economics 123(4): 1495–1530. Data [P23]
  Warnock, V., and F. Warnock, 2008. Markets and Housing Finance. Journal of Housing Economics 17: 239-251. [P22]

  Harvey, C., M. Lipson, and F. Warnock, 2008. Guest Editorial: Darden Conference Issue: Capital Raising in Emerging Economies. Journal of Financial Economics 88: 425-429. [P21]

  Burger, J., F. Warnock, and V. Warnock, 2008. Ingredients of a Well-Functioning Capital Market. Korea's Economy 24: 31-38. [P20]
  Warnock, F.,
2008. The Impact of a Disorderly Resolution of Global Imbalances on Global Wealth. Economic Notes - Review of Banking, Finance and Monetary Economics 37(3): 345–379. Data [P19]
 
Edison, H., and F. Warnock, 2008. Cross-Border Listings, Capital Controls, and Equity Flows to Emerging Markets. Journal of International Money and Finance 27: 1013-1027. [P18]

  Burger, J., and F. Warnock, 2007. Foreign participation in local currency bond markets.  Review of Financial Economics 16: 291-304. [P17]
 
Freund, C., and F. Warnock, 2007. Current Account Reversals in Industrial Countries: The Bigger They Are, The Harder They Fall? in R. Clarida (ed) G7 Current Account Imbalances: Sustainability and Adjustment. University of Chicago Press, pgs 133-162. [P16]
  Warnock, V., and F. Warnock, 2007. Why Credit Scoring for Housing Micro Lenders? in Access Housing 2007 No. 7 pgs. 6-7 (FinMark Trust).  [P15]
 
 
Burger, J., and F. Warnock, 2006. Local Currency Bond Markets. IMF Staff Papers 53: 115-132. [P14]
 
Burger, J., and F. Warnock, 2006. Foreign Participation in Emerging Asian Bond Markets. Korea's Economy 2006 22: 24-28. [P13]
 
Kodres, L., and F. Warnock, 2006. The Impact of Petrodollars on U.S. and Emerging Market Bond Yields. Box 2.3 in the IMF's April 2006 World Economic Outlook. [P12]

 Faucette, J., A. Rothenberg, and F. Warnock, 2005. Outflows-Induced Sudden Stops. Journal of Policy Reform 8(2): 119-130. [P11]
    Warnock, F., 2005. Drawing on American Experience: How Have U.S. Investors Fared with their Allocations to International Equity? Canadian Investment Review 16(2): G23. [P10]

  Edison, H., and F. Warnock, 2004. U.S. investors' emerging market equity portfolios: a security-level analysis. Review of Economics and Statistics 84(3): 691-704. [P9]
 
Ahearne, A., W. Griever, and F. Warnock, 2004. Information costs and home bias: an analysis of US holdings of foreign equities. Journal of International Economics 62: 313-336.  [P8]

  Edison, H., and F. Warnock, 2003. A simple measure of the intensity of capital controls.  Journal of Empirical Finance 10(1): 2003, 81-103.  [P7]
  Holland, S., and F. Warnock, 2003. Firm-level access to international capital markets: evidence from Chilean equities. Emerging Markets Review 4(1): 39-51. [P6] 
  Warnock, F., 2003. Exchange rate dynamics and the welfare effects of monetary policy in a two-country model with home product bias.
Journal of International Money and Finance 22: 343-363. [P5]
 
Warnock, F., and C. Cleaver, 2003. Financial centers and the geography of capital flows. International Finance 6(1): 27-59. [P4]

  Warnock, F., 2002. Home bias and high turnover reconsidered. Journal of International Money and Finance 21: 795-805. [P3]

  Griever, W., G. Lee, and F. Warnock, 2001. The U.S. system for measuring cross-border investment in securities: a primer with a discussion of recent developments. Federal Reserve Bulletin 87(10): 633-650. [P2]
    Warnock, F., and M. Mason, 2001. The geography of capital flows. Emerging Markets Quarterly 5(1): 15-29. [P1]
  

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Unpublished Policy Papers

  Warnock, F., 2007. Financial Globalization. prepared for G20/World Economic Forum/RBWF Forum. [PP2]
  Warnock, F.,
2006. East Asian Reserves Accumulation and U.S. Interest Rates. Testimony for “China’s Financial System and Monetary Policies: The Impact on U.S. Exchange Rates, Capital Markets, and Interest Rates". [PP1]
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