KATHRYN
 
M.
 
E.
 
DOMINGUEZ
 
University
 
of
 
Michigan
 
Gerald
 
R.
 
Ford
 
School
 
of
 
Public
 
Policy
 
735
 
South
 
State
 
Street,
 
3306
 
Weill
 
Hall
 
Ann
 
Arbor,
 
MI
 
48109
‐
3091
 
Phone:
 
734
‐
764
‐
9498;
 
Fax:
 
734
‐
763
‐
9181
 
Email:
 
kathrynd@umich.edu
 
Homepage:
 
http://www
‐
personal.umich.edu/~kathrynd/
 
EDUCATION
:
 
Ph.D.
 
Yale
 
University,
 
1987
 
A.B.
 
Vassar
 
College,
 
1982
 
RESEARCH
 
AND
 
PROFESSIONAL
 
EXPERIENCE
:
 
Ford
 
School
 
of
 
Public
 
Policy
 
and
 
Department
 
of
 
Economics,
 
University
 
of
 
Michigan
 
Professor
 
of
 
Public
 
Policy
 
and
 
Economics
 
(7/06
‐
present)
 
Professor
 
of
 
Public
 
Policy
 
(9/04
‐
6/06)
 
Associate
 
Professor
 
of
 
Public
 
Policy
 
(7/97
‐
8/04)
 
Goldman
 
School
 
of
 
Public
 
Policy,
 
University
 
of
 
California
 
at
 
Berkeley
 
Visiting
 
Professor
 
of
 
Public
 
Policy
 
(9/08
‐
6/09)
 
Department
 
of
 
Economics,
 
London
 
School
 
of
 
Economics
 
and
 
Political
 
Science
 
Academic
 
Visitor
 
(7/03
‐
7/04)
 
Kennedy
 
School
 
of
 
Government,
 
Harvard
 
University
 
Associate
 
Professor
 
of
 
Public
 
Policy
 
(7/91
‐
6/97)
 
Assistant
 
Professor
 
of
 
Public
 
Policy
 
(7/87
‐
6/91)
 
National
 
Bureau
 
of
 
Economic
 
Research,
 
Cambridge,
 
MA
 
Olin
 
Fellow
 
(9/91
‐
8/92)
 
Department
 
of
 
Economics,
 
Princeton
 
University
 
Visiting
 
Assistant
 
Professor
 
(7/90
‐
8/91)
 
Board
 
of
 
Governors
 
of
 
the
 
Federal
 
Reserve,
 
Washington,
 
DC
 
Dissertation
 
scholar,
 
International
 
Finance
 
Division
 
(9/85
‐
6/86)
 
Congressional
 
Budget
 
Office,
 
Washington,
 
DC
 
Research
 
staff,
 
Fiscal
 
Analysis
 
Division
 
(5/84
‐
10/84)
 
 
K. Dominguez, Page
2
 of
8
 
PUBLICATIONS
:
 
“Exchange
 
Rate
 
Implications
 
of
 
Reserve
 
Changes:
 
How
 
Non
‐
EZ
 
European
 
Countries
 
Fared
 
during
 
the
 
Great
 
Recession,”
 
Comparative
 
Economic
 
Studies
 ,
 
2014,
 
56,
 
229
‐
252.
 
“Do
 
Sales
 
of
 
Foreign
 
Exchange
 
Reserves
 
Lead
 
to
 
Currency
 
Appreciation?”
 
with
 
Rasmus
 
Fatum
 
and
 
Pavel
 
Vacek,
 
 Journal
 
of 
 
 Money,
 
Credit 
 
and
 
Banking 
 ,
 
vol.
 
45,
 
5,
 
2013,
 
867
‐
890.
 
“Forecasting
 
the
 
Recovery
 
from
 
the
 
Great
 
Recession:
 
Is
 
This
 
Time
 
Different?”
 
with
 
Matthew
 
D.
 
Shapiro
 ,
 
 American
 
Economic
 
Review
 
Papers
 
and
 
Proceedings,
 
2013,
 
103
 
(3),
 
147
‐
152.
 
“Foreign
 
Reserve
 
Management
 
during
 
the
 
Global
 
Financial
 
Crisis,
” 
 
 Journal
 
of 
 
International
 
 Money
 
and
 
 Finance
 ,
 
vol.
 
31,
 
8,
 
2012,
 
2017
‐
2037.
 
“International
 
Reserves
 
and
 
the
 
Global
 
Financial
 
Crisis,”
 
with
 
Yuko
 
Hashimoto
 
and
 
Takatoshi
 
Ito,
 
 Journal
 
of 
 
International
 
Economics
 ,
 
vol.
 
88,
 
No.
 
2,
 
2012,
 
388
‐
406
.
 
“Foreign
 
Ownership
 
and
 
Firm
 
Performance:
 
Emerging
‐
Market
 
Acquisitions
 
in
 
the
 
United
 
States,”
 
with
 
Anusha
 
Chari
 
and
 
Wenjie
 
Chen,
 
IMF 
 
Economic
 
Review
 ,
 
vol.
 
60,
 
No.1,
 
2012,
 
1
‐
42.
 
“International
 
Reserves
 
and
 
Underdeveloped
 
Capital
 
Markets,”
 
in
 
NBER
 
International
 
Seminar 
 
on
 
 Macroeconomics
 
2009
 ,
 
edited
 
 by
 
Lucrezia
 
Reichlin
 
and
 
Kenneth
 
West,
 
University
 
of
 
Chicago
 
Press
 
for
 
the
 
NBER,
 
2010,
 
193
‐
221.
 
“The
 
Influence
 
of
 
Actual
 
and
 
Unrequited
 
Interventions,”
 
with
 
Freyan
 
Panthaki,
 
International
 
 Journal
 
of 
 
 Finance
 
and
 
Economics
 ,
 
12,
 
2007,
 
171
‐
200.
 
“The
 
ECB,
 
the
 
Euro
 
and
 
Global
 
Financial
 
Markets,”
 
 Journal
 
of 
 
Economic
 
Perspectives
 ,
 
20,
 
4,
 
Fall
 
2006,
 
67
‐
88.
 
“When
 
do
 
Central
 
Bank
 
Interventions
 
Influence
 
Intra
‐
daily
 
and
 
Longer
‐
term
 
Exchange
 
Rate
 
Movements?”
 
 Journal
 
of 
 
International
 
 Money
 
and
 
 Finance
 ,
 
25,
 
November
 
2006,
 
1051
‐
1071.
 
“International
 
Borrowing
 
and
 
Macroeconomic
 
Performance
 
in
 
Argentina,”
 
with
 
Linda
 
Tesar,
 
in
 
Capital
 
Controls
 
and
 
Capital
 
 Flows
 
in
 
Emerging 
 
Economies:
 
Policies,
 
Practices,
 
and
 
Consequences
 ,
 
edited
 
 by
 
Sebastian
 
Edwards,
 
University
 
of
 
Chicago
 
Press
 
for
 
the
 
NBER,
 
2007,
 
297
‐
342.
 
“Cross
‐
Border
 
Trading
 
as
 
a
 
Mechanism
 
for
 
Implicit
 
Capital
 
Flight:
 
ADRs
 
and
 
the
 
Argentine
 
Crisis,”
 
with
 
Sebastian
 
Auguste,
 
Herman
 
Kamil
 
and
 
Linda
 
Tesar,
 
 Journal
 
of 
 
 Monetary
 
Economics
 ,
 
53,
 
2006,
 
1259
‐
1295.
 
 
K. Dominguez, Page
3
 of
8
 
PUBLICATIONS
 
(cont.)
:
 
“What
 
Defines
 
‘News’
 
in
 
Foreign
 
Exchange
 
Markets?”
 
with
 
Freyan
 
Panthaki,
 
 Journal
 
of 
 
International
 
 Money
 
and
 
 Finance
 ,
 
25,
 
 January
 
2006,
 
168
‐
198.
 
“Exchange
 
Rate
 
Exposure,”
 
with
 
Linda
 
Tesar,
 
 Journal
 
of 
 
International
 
Economics
 ,
 
68,
 
1,
 
2006,
 
188
‐
218.
 
“Foreign
 
Exchange
 
Intervention:
 
Did
 
it
 
Work
 
in
 
the
 
1990s?”
 
in
 
Dollar 
 
Overvaluation
 
and
 
the
 
World
 
Economy
 
edited
 
 by
 
Fred
 
Bergsten
 
and
 
 John
 
Williamson,
 
Special
 
Report
 
15,
 
Institute
 
for
 
International
 
Economics,
 
Washington,
 
D.C.,
 
2003,
 
217
‐
245.
 
“The
 
Market
 
Microstructure
 
of
 
Central
 
Bank
 
Intervention,”
 
 Journal
 
of 
 
International
 
Economics
 ,
 
59,
 
2003,
 
25
‐
45.
 
(Reprinted
 
in
 
 Foreign
 
Exchange
 
 Markets
 ,
 
edited
 
 by
 
Richard
 
Sweeney,
 
Edward
 
Elgar
 
Publishing,
 
MA,
 
2006.)
 
“A
 
Re
‐
Examination
 
of
 
Exchange
 
Rate
 
Exposure,”
 
with
 
Linda
 
Tesar,
 
 American
 
Economic
 
Review,
 
Vol.
 
91,
 
No.
 
2
,
 
Papers
 
and
 
Proceedings
 
2001,
 
396
‐
399.
 
“Trade
 
and
 
Exposure,”
 
with
 
Linda
 
Tesar,
 
 American
 
Economic
 
Review,
 
Vol.
 
91,
 
No.
 
2,
 
Papers
 
and
 
Proceedings
 
2001,
 
367
‐
370.
 
“The
 
Role
 
of
 
the
 
Yen,”
 
in
 
International
 
Capital
 
 Flows
 ,
 
edited
 
 by
 
Martin
 
Feldstein,
 
University
 
of
 
Chicago
 
Press
 
for
 
the
 
NBER:
 
Chicago,
 
1999,
 
133
‐
171.
 
“The
 
Dollar
 
Exposure
 
of
 
 Japanese
 
Companies,”
 
 Journal
 
of 
 
the
 
 Japanese
 
and
 
International
 
Economies
 ,
 
12,
 
1998,
 
388
‐
405.
 ʺ
Central
 
Bank
 
Intervention
 
and
 
Exchange
 
Rate
 
Volatility,
ʺ
 Journal
 
of 
 
International
 
 Money
 
and
 
 Finance
 ,
 
17,
 
1,
 
1998,
 
161
‐
190.
 ʺ
The
 
International
 
Evidence:
 
An
 
Assessment
 
of
 
Experience
 
with
 
Foreign
 
Exchange
 
Intervention
 
in
 
the
 
G
‐
3,
ʺ
in
 
Exchange
 
Rates
 
and
 
 Monetary
 
Policy
 ,
 
edited
 
 by
 
Paul
 
Fenton
 
and
 
 John
 
Murray,
 
The
 
Bank
 
of
 
Canada,
 
Ottawa,
 
1997,
 
363
‐
408.
 ʺ
Do
 
the
 
G
‐
3
 
Countries
 
Coordinate
 
Monetary
 
Policy?
ʺ
Chapter
 
10
 
in
 
International
 
Trade
 
and
 
 Finance
 
New
 
 Frontiers
 
 for 
 
Research:
 
Essays
 
in
 
 Honor 
 
of 
 
Peter 
 
B.
 
Kenen
 ,
 
edited
 
 by
 
Benjamin
 
 J.
 
Cohen,
 
Cambridge
 
University
 
Press:
 
Cambridge,
 
1997,
 
280
‐
315.
 ʺ
Does
 
Foreign
 
Exchange
 
Intervention
 
Matter?
 
The
 
Portfolio
 
Effect,
ʺ
with
 
 Jeffrey
 
Frankel,
 
 American
 
Economic
 
Review
 ,
 
Vol.
 
83,
 
No.
 
5,
 
1993,
 
1356
‐
1369.