Joshua Aizenman

University of Southern California
Joshua Aizenman

Joshua Aizenman is the Dockson Chair in Economics and International Relations at the University of Southern California. He also serves as a Research Associate for the National Bureau of Economic Research, and co-editor of the Journal of International Money and Finance. Other affiliations have included teaching and research positions at UC Santa Cruz, Dartmouth, the University of Chicago GSB, the University of Pennsylvania, and the Hebrew University in Jerusalem. Consulting relationships include the International Monetary Fund, the World Bank, the Inter-American Development Bank, the Asian Development Bank, and the Federal Reserve Bank of San Francisco.

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Joshua Aizenman

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Uneven resilience: Why some emerging markets better navigate US monetary policy cycles

As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analysing data on a large sample of emerging markets, this article highlights the role of consistent strategy that strengthens macroeconomic fundamentals and institutional quality across all phases of the cycle.

30 September 2024
Macroeconomics
Macroeconomics
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