Professor of Economics and Public Policy - University of Michigan

Kathryn Dominguez

Kathryn Dominguez is Professor of Economics and Public Policy at the University of Michigan and Research Associate at the National Bureau of Economic Research.  Her research focuses on international finance and macroeconomics, with particular emphasis on the determinants of financial flows, the efficacy of foreign exchange rate intervention policies, and the management of international reserves. She has written numerous articles on foreign exchange rate behavior and is author of two books: Exchange Rate Efficiency and the Behavior of International Asset Markets and Does Foreign Exchange Intervention Work? (with Jeff Frankel). She received her Ph.D. in economics from Yale University and spent ten years on the faculty of the Kennedy School of Government at Harvard University before moving to the University of Michigan.  She has also taught at the Woodrow Wilson School of Public and International Affairs, the London School of Economics, and the Goldman School of Public Policy at UC Berkeley and worked as a research consultant for the Federal Reserve System, the International Monetary Fund, the World Bank and the Bank for International Settlements.



K. Dominguez, “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.

K. Dominguez, “International Reserves and the Global Financial Crisis,” with Yuko Hashimoto and Takatoshi Ito, Journal of International Economics, vol. 88, No. 2, 2012, 388-406.

K. Dominguez, “The ECB, the Euro and Global Financial Markets,” Journal of Economic Perspectives, 20, 4, Fall 2006, 67-88.

K. Dominguez, “The Market Microstructure of Central Bank Intervention,” Journal of International Economics, 59, 2003, 25-45.

K. Dominguez, « Does Foreign Exchange Intervention Matter? The Portfolio Effect, » with Jeffrey Frankel, American Economic Review, Vol. 83, No. 5, 1993, 1356-1369.


K.M.E.Dominguez_Has Europe Lost the Currency War?

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