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Warnock, Frank

From Draghi’s "Whatever It Takes" to Managing Fragmentation Risk

Warnock, Frank

GEM-0212 | Published March 05, 2024 | 28 pages Case

Collection: Darden School of Business

Written in February 2023, this case examines the eurozone from the perspective of core and periphery long-term rates. By 2010, the "Great Convergence" in eurozone long-term rates during the late 1990s... Read More

The 3P Model

Warnock, Frank

GEM-0209 | Published February 29, 2024 | 12 pages Technical Note

Collection: Darden School of Business

This note presents an open-economy macroeconomic model with three panes: IS/LM, international capital flows, and the exchange rate and net exports. It also includes extensions: full employment and the... Read More

Identifying Fragilities in the Global Economy

Warnock, Frank; Walsh, Kieran J.

GEM-0208 | Published February 28, 2024 | 13 pages Technical Note

Collection: Darden School of Business

This note presents frameworks and indicators for identifying fragile economies. It includes an assessment of Morgan Stanley's Fragile Five call in 2012 as well as current fragilities data for a range ... Read More

Swatch Group and Francogeddon (Abridged)

Warnock, Frank

GEM-0206 | Published February 27, 2024 | 8 pages Case

Collection: Darden School of Business

This case illustrates how exchange rate shocks affect international businesses. The focus is on one recent stark example: the effect on Swatch Group of the Swiss National Bank's January 2015 decision ... Read More

Predicting the Next High-Growth Economies

Warnock, Frank; Walsh, Kieran J.

GEM-0207 | Published January 30, 2024 | 14 pages Technical Note

Collection: Darden School of Business

In 2001, the economies of Brazil, Russia, India, and China (BRICs) were predicted to grow faster than many others; this prediction turned out to be true. In this technical note, the challenge is to id... Read More

An Abridged User’s Guide to BPM6-Based BOP and IIP Accounts

Warnock, Frank

GEM-0213 | Published January 18, 2024 | 6 pages Technical Note

Collection: Darden School of Business

This note presents an abridged description of balance of payments (BOP) and international investment position (IIP) data. It refers to data for Mexico, but given that there are worldwide standards for... Read More

Yield Curve Basics (SPANISH)

Warnock, Frank

BP-0567 | Published December 15, 2021 | 7 pages Technical Note

Collection: Darden School of Business

This is a Spanish translation of the March 15, 2006 version of UVA-BP-0491. This technical note discusses risk and term premiums, prominent theories of the yield curve, and how to construct a yield cu... Read More

The Yield Curve and Growth Forecasts (SPANISH)

Warnock, Frank

GEM-0229 | Published December 15, 2021 | 9 pages Case

Collection: Darden School of Business

This is a Spanish translation of the August 23, 2018 version of UVA-GEM-0106. In this case the protagonist was sifting through the evidence on the predictive content of the yield curve. Did the curren... Read More

The Yield Curve and Growth Forecasts

Warnock, Frank

GEM-0106 | Published March 07, 2011 | 8 pages Case

Collection: Darden School of Business

Fully updated through February 2024, in this case, the protagonist was sifting through the evidence on the predictive content of the yield curve. Did the current steepness of the yield curve mean that... Read More