Research

Research interest: Macroeconomics, Monetary Economics, Development Economics, Financial Development, International Finance, Development Finance Institutions, National Development Banks, International Credit Institutions, Latin America, Argentina.

Publications:

Schclarek, A. (2023)."External Debt and Economic Growth in Latin America" in: Fernando Toledo & Louis-Philippe Rochon (ed.), Monetary Policy Challenges in Latin America, chapter 14, pages 232-257, Edward Elgar Publishing.

Schclarek, A., J. Xu and J. Yan (2023). “The Maturity-Lengthening Role of National Development Banks", International Review of Finance, Vol. 23 (1), pp. 130-157, March 2023.

Hu, B., A. Schclarek, J. Xu, and J. Yan (2022). “Long-Term Finance Provision: National Development Banks vs. Commercial Banks", World Development, Vol. 158, October 2022, 105973.

Schclarek, A., J. Xu, and P. Amuchastegui (2022). “Panda bond financing of the Belt and Road Initiative: An analysis of monetary mechanisms and financial risks", Research in International Business and Finance, Vol. 61, 101662.

Schclarek, A. and J. Xu (2022). “Exchange Rate and Balance of Payment Crisis Risks in the Global Development Finance Architecture", Journal of International Financial Markets, Institutions and Money, Vol. 79, July 2022.

Schclarek, A. (2020). “Argentina’s Countercyclical Credit Policy Response: Macroprudential Regulation and Public Bank Credit during Covid-19", in D. A. McDonald, T. Marois and D. Barrowclough (eds.), Public Banks and Covid-19: Combatting the Pandemic With Public Finance, Municipal Services Project (Kingston), UNCTAD (Geneva) and Eurodad (Brussels), 2020.

Brei, M. and A. Schclarek (2019). “The Countercyclical Behavior of National Development Banks in Latin America and the Caribbean”, in S. Griffith-Jones and J. A. Ocampo (eds.), The Future of National Development Banks, Oxford University Press, UK.

Griffith-Jones, S., J. A. Ocampo, F. Rezende, A. Schclarek, and M. Brei (2019). “The Future of National Development Banks”, in S. Griffith-Jones and J. A. Ocampo (eds.), The Future of National Development Banks, Oxford University Press, UK.

Schclarek, A. and M. Caggia (2018). “Foreign Reserve Accumulation and The Increase in Bank Credit in Argentina between 2002 and 2007”, Revista de Economía Política de Buenos Aires, Vol. 18, November 2018.

Schclarek, A. and M. Caggia (2017). “Household Saving and Labor Informality: The Case of Chile”, Economía Chilena, Vol. 20, December 2017.

Brei, M. and A. Schclarek (2015). “A theoretical model of bank lending: does ownership matter in times of crises?”, Journal of Banking and Finance, Vol. 50, pp 298–307 (January 2015)

Schclarek, A. (2014). “Five Theoretical Reasons in Defence of State-owned Enterprises”, en D. Chavez y S. Torres (eds.), Reorienting Development: State-owned Enterprises in Latin America and the World, Amsterdam: Transnational Institute, 2014.

Schclarek, A. (2014). “Comments on "saving the euro: self-fulfilling crisis and the Draghi Put", in J. Stiglitz and D. Heymann (eds.), Life After Debt - The origins and resolutions of debt crises, Palgrave Macmillan, UK.

Schclarek, A. (2014). “The Counter-Cyclical Behaviour of Public and Private Banks: An Overview of the Literature”,in O. Butzbach and K. von Mettenheim (eds.), Alternative Banking and Financial Crisis, Sao Paulo: Pickering & Chatto (Publishers) Ltd, London.

Brei, M. and A. Schclarek (2013). “Public Bank Lending during the Financial Crisis”. Journal of Financial Stability, Vol. 9, Issue 4, pp. 820-830 (December 2013).