Content: International Finance 20/3

• Published date: 01 December 2017
• DOI: http://doi.org/10.1111/infi.12093
• Date: 01 December 2017

Volume 20 Issue 3 Winter 2017

CONTENTS

Estimating currency misalignment using the Penn effect:

It is not as simple as it looks 222

Yin-Wong Cheung, Menzie Chinn, and Xin Nong

The political economy of global reserve assets 243

Harold James and Domenico Lombardi

Firm and country determinants of debt maturity:

New international evidence 256

Víctor M. González

Soft power and exchange rate volatility 271

Serhan Cevik, Richard D. F. Harris, and Fatih Yilmaz

Do leading indicators forecast U.S. recessions? A nonlinear

re-evaluation using historical data 289

Vasilios Plakandaras, Juncal Cunado, Rangan Gupta,

and Mark E. Wohar

BOOK REVIEW SECTION: Rethinking Macro

The paradigm sways: Macroeconomics turns to history 317

David A. Westbrook