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Details about Willem Hendrik Buiter
Access statistics for papers by Willem Hendrik Buiter.
Last updated 2013-02-17. Update your information in the RePEc Author Service .
Short-id: pbu137
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Journal Articles Books Chapters
Working Papers
2012
Target2 Redux: The simple accountancy and slightly more complex economics of Bundesbank loss exposure through the Eurosystem
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
The ECB as Lender of Last Resort for Sovereigns in the Euro Area
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
The Role of Central Banks in Financial Stability: How has it changed?
CEPR Discussion Papers, C.E.P.R. Discussion Papers
2011
Government Budget Deficits in Large Open Economies
CESifo Working Paper Series, CESifo Group Munich
2010
Fiscal Rules in India: Are They Effective?
CEPR Discussion Papers, C.E.P.R. Discussion Papers
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010)
2009
Housing wealth isn't wealth
Economics Discussion Papers, Kiel Institute for the World Economy
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (6)CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (4)
See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2010)
Lessons from the global financial crisis for regulators and supervisors
FMG Discussion Papers, Financial Markets Group
Negative Nominal Interest Rates: Three ways to overcome the zero lower bound
FMG Discussion Papers, Financial Markets Group View citations (6)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (6)NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (7)
See also Journal Article in The North American Journal of Economics and Finance (2009)
Reversing unconventional monetary policy: technical and political considerations
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
See also Chapter (2010)
The Limits to Fiscal Stimulus
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
See also Journal Article in Oxford Review of Economic Policy (2010)
2008
Can Central Banks Go Broke?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
Central banks and financial crises
FMG Discussion Papers, Financial Markets Group View citations (7)
Economic, Political, and Institutional Prerequisites for Monetary Union Among the Members of the Gulf Cooperation Council
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Also in Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science (2007)
See also Journal Article in Open Economies Review (2008)
2007
Deflationary bubbles
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (4)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (5)CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (4)CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (4)Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2004) View citations (4)
See also Journal Article in Macroeconomic Dynamics (2007)
Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) CEP Discussion Papers, Centre for Economic Performance, LSE (2007)
Lessons from the 2007 Financial Crisis
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
Seigniorage
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (4)
Also in Economics Discussion Papers, Kiel Institute for the World Economy (2007) NBER Working Papers, National Bureau of Economic Research, Inc (2007) CEP Discussion Papers, Centre for Economic Performance, LSE (2007) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2007)
2006
How Robust is the New Conventional Wisdom? The Surprising Fragility of the Theoretical Foundations of Inflation Targeting and Central Bank Independence
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
India's Public Finances: Excessive Budget Deficits, a Government-Abused Financial System and Fiscal Rules
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Over goede intenties en de harde wetten van de woningmarkt
Open Access publications from Tilburg University, Tilburg University
The elusive welfare economics of price stability as a monetary policy objective - why New Keynesian central bankers should validate core inflation
Working Paper Series, European Central Bank View citations (4)
2005
How the Eurosystem’s Treatment of Collateral in its Open Market Operations Weakens Fiscal Discipline in the Eurozone (and what to do about it)
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
Overcoming the Zero Bound on Nominal Interest Rates: Gesell's Currency Carry Tax vs. Eisler's arallel Virtual Currency
Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
Overcoming the zero bound: Gesell vs. Eisler. Discussion of Mitsuhiro Fukao's "The effects of 'Gesell' (currency) taxes in promoting Japan's economic recovery"
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science
The 'Sense and Nonsense of Maastricht' Revisited: What Have We Learnt About Stabilization In EMU?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
See also Journal Article in Journal of Common Market Studies (2006)
What accounts for the bias in the inflation targeting performance of the Bank of England?
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science
2004
A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos
NBER Working Papers, National Bureau of Economic Research, Inc
A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: Two Ghosts, Two Eccentricities, a Fallacy, a Mirage and a Mythos
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
Challenges for Europe
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (14)
Corporate Governance in Developing, Transition and Emerging-Market Economies
OECD Development Centre Policy Briefs, OECD Publishing View citations (1)
Cross-Border Tax Externalities: Are Budget Deficits Too Small?
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) Levine's Bibliography, UCLA Department of Economics (2003) View citations (1)NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (1)
Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (15)
How good is the Bank’s of England’s inflation targeting record?
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science
La gouvernance d'entreprise dans les pays en développement, en transition et les économies émergentes
Cahiers de politique économique du Centre de Développement de l'OCDE, OECD Publishing
NATURE'S BLESSING OR NATURE'S CURSE: THE POLITICAL ECONOMY OF TRANSITION IN RESOURCE-BASED ECONOMIES
Discussion Papers, University of Bonn, Center for Development Research (ZEF) View citations (4)
Also in Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist (2001)
The Elusive Welfare Economics of Price Stability As A Monetary Policy Objective: Should New Keynesian Central Bankers Persue Price Stability
CEPR Discussion Papers, C.E.P.R. Discussion Papers
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (3)
To Purgatory and Beyond: When and How Should the Accession Countries from Central and Eastern Europe Become Full Members of EMU?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
Transition and sustainable growth in the early transition countries: the role of the private sector in poverty reduction
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science
Two naked emperors? Concerns about the Stability & Growth Pact and second thoughts about central bank independence
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (1)
See also Journal Article in Fiscal Studies (2004)
What have we learnt from fifteen years of transition in Central and Eastern Europe?
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (1)
2003
Deflation: Prevention and Cure
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (13)
James Tobin: An Appreciation of his Contribution to Economics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science (2003) View citations (2)
See also Journal Article in Economic Journal (2003)
Overcoming the zero bound on nominal interest rates with negative interest on currency: Gesell's solution
Open Access publications from London School of Economics and Political Science, London School of Economics and Political Science View citations (26)
See also Journal Article in Economic Journal (2003)
Two Naked Emperors? Concerns about the Stability and Growth Pact and Second Thoughts About Central Bank Independence
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
2002
Anchor, Float or Abandon Ship: Exchange Rate Regimes for Accession Countries
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (45)
Capital flight and capital outflows from Russia: symptom, cause and cure
Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist
Patching up the Pact: some Suggestions for Enhancing Fiscal Sustainability and Macroeconomic Stability in an Enlarged European Union
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
What should the multilateral development banks do?
Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist View citations (1)
2001
No Pain, No Gain? The Simple Analytics of Efficient Disinflation in Open Economies
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
The Liquidity Trap in an Open Economy
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
The fallacy of the fiscal theory of the price level, again
Bank of England working papers, Bank of England View citations (2)
Also in CESifo Working Paper Series, CESifo Group Munich (2000) View citations (5)
2000
Is Iceland an Optimal Currency Area?
Economics, Department of Economics, Central bank of Iceland View citations (4)
Liquidity traps: how to avoid them and how to escape them
Bank of England working papers, Bank of England View citations (17)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (33)CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (33)
Monetary Misconceptions
CEP Discussion Papers, Centre for Economic Performance, LSE
Monetary Misconceptions: New and Old Paradigmata and Other Sad Tales
CEPR Discussion Papers, C.E.P.R. Discussion Papers
Optimal Currency Areas: Why Does The Exchange Rate Regime Matter?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (21)
Optimal Currency Areas: Why Does the Exchange Rate Regime Matter? (With an Application to UK Membership in EMU)
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (7)
The Fallacy of the Fiscal Theory of the Price Level
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (3)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (39)NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (37)
1999
Alice in Euroland
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (83)
See also Journal Article in Journal of Common Market Studies (1999)
The EMU and the NAMU: What is the Case for North American Monetary Union?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
See also Journal Article in Canadian Public Policy (1999)
UDROP: A Small Contribution to the International Financial Architecture
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (11)
UDROP: A Small Contribution to the New International Financial Architecture
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (21)
1998
Interpreting the ERM Crisis: Country-Specific and Systemic Issues
Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (15)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (1997) View citations (1)CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations (16)
Notes on "A Code for Fiscal Stability"
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (6)
See also Journal Article in Oxford Economic Papers (2001)
The Young Person's Guide to Neutrality, Price Level Indeterminacy, Interest Rate Pegs and Fiscal Theories of the Price Level
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (19)
1997
A Portfolio Approach to a Cross-Sectoral and Cross-National Investment Strategy in Transition Economics
CEP Discussion Papers, Centre for Economic Performance, LSE
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (1)CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997)
See also Journal Article in The Economics of Transition (1997)
Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (3)
Also in IMF Working Papers, International Monetary Fund (1997) View citations (5)CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations (4)
Enterprises in Transition: Macroeconomic Influences on Enterprise Decision-Making and Performance
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (1)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997) View citations (3)
Promoting an Effective Market Economy in a Changing World
CEP Discussion Papers, Centre for Economic Performance, LSE
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996)
Transition Issues for the European Monetary Union
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (1)
1996
Generational Accounts, Aggregate Savings, and Intergenerational Distribution
IMF Working Papers, International Monetary Fund View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (2)
See also Journal Article in Economica (1997)
Monetary union and macroeconomic stabilization
Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco
1995
A Center-Periphery Model of Monetary Coordination and Exchange Rate Crises
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (1995) View citations (8)CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (12)
Budgetary Aspects of Stabilization and Structural Adjustment in India
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (1)
Budgetary Aspects of Stabilization and Strucutral Adjustment in India: The Painful Road to a Sustainable Fiscal-Financial-Monetary Plan
CEP Discussion Papers, Centre for Economic Performance, LSE
Capital Mobility
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (8)
Capital Mobility, Fiscal Policy and Growth Under Self-Financing of Human Capital Formation
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (16)
Generational Accounts
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (3)
Macroeconomic Policy During a Transition to Monetary Union
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (12)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (13)
1994
Indian Public Finance in the 1990s: Challenges and Prospects
CEPR Discussion Papers, C.E.P.R. Discussion Papers
Also in Working Papers, Yale - Economic Growth Center (1993)
Ponzi Finance, Government Solvency and the Redundancy or Usefulness of Public Debt
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)
1993
Public Debt in the USA: How Much, How Bad and Who Pays?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1993) View citations (2)
1992
Debt, Deficits and Inflation: An Application to the Public Finances of India
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1990) View citations (2)
See also Journal Article in Journal of Public Economics (1992)
Excessive Deficits: Sense and Nonsence in the Treaty of Maastricht
Working Papers, Yale - Economic Growth Center View citations (12)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1992) View citations (73)
Government Solvency, Ponzi Finance and the Redundancy and Usefulness of Public Debt
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1992) View citations (2)Working Papers, Yale - Economic Growth Center (1992) View citations (3)
Permanent International Productivity Growth Differentials in an Integrated Global Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
See also Journal Article in Scandinavian Journal of Economics (1993)
Permanent International Productivity Growth Differentials in an Integrated Global Economy. The Role of Households, Non-Tradeness, Self- Financing and Fiscal Policy
Working Papers, Yale - Economic Growth Center
Should We Worry About the Fiscal Numerology of Maastricht?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Also in Working Papers, Yale - Economic Growth Center (1992) View citations (1)
1991
PERSISTENT DIFFERENCES IN NATIONAL PRODUCTIVITY GROWTH RATES WITH A COMMON TECHNOLOGY AND FREE CAPITAL MOBILITY. THE ROLE OF PRIVATE THRIFT, PUBLIC DEBT, CAPITA
Working Papers, Yale - Economic Growth Center
Persistent Differences in National Productivity Growth Rates with A Com-mon Technology and Free Capital Mobility: The Roles of Private Thrift
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Persistent Differences in National Productivity Growth Rates with a Common Technology and Free Capital Mobility
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
Saving and Endogenous Growth: A Survey of Theory and Policy
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
The Welfare Economics of Cooperative and Noncooperative Fiscal Policy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1990) Working Papers, Yale - Economic Growth Center (1990)
See also Journal Article in Journal of Economic Dynamics and Control (1991)
1990
ANOMALOUS SPECULATIVE ATTACKS ON FIXED EXCHANGE RATE REGIMES POSSIBLE RESOLUTIONS OF THE "GOLD STANDARD PARADOX"
The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics
Centre For Labour Economics
NBER Working Papers, National Bureau of Economic Research, Inc
DEBT, DEFUCUT AND INFLATION: AN APPLICATION TO THE PUBLIC FINANCES OF INDIA
Working Papers, Yale - Economic Growth Center
FISCAL POLICY INTERDEPENDENCE AND EFFICIENCY
Working Papers, Yale - Economic Growth Center View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) CEPR Discussion Papers, C.E.P.R. Discussion Papers (1990)
RATIONAL SPECULATION BUBBLES IN EXCHANGE RATE TARGET ZONE
The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics
REFLECTIONS ON FISCAL IMPLICATIONS OF COMMON CURRENCY
Working Papers, Yale - Economic Growth Center View citations (3)
Rational Speculative Bubbles in an Exchange Rate Target Zone
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (2)
Reflections on the Fiscal Implications of a Common Currency
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
1989
A "Gold Standard" Isn't Viable Unless Supported by Sufficiently FlexibleMonetary and Fiscal Policy
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1986)
Debt Neutrality, Professor Vickrey and Henry George's "Single Tax"
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in Economics Letters (1989)
Structural and Stabilization Aspects of Fiscal and Financial Policy in the Dependent Economy
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1986) View citations (1)
See also Journal Article in Oxford Economic Papers (1988)
The "Gold Standard Paradox" and its Resolution
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1989) View citations (3)
1988
A VIABLE GOLD STANDARD REQUIRES FLEXIBLE MONETARY AND FISCAL POLICY
Working Papers, London School of Economics - Centre for Labour Economics View citations (1)
See also Journal Article in Review of Economic Studies (1989)
Borrowing to Defend the Exchange Rate and the Timing and Magnitude of Speculative Attacks
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1986) View citations (3)
See also Journal Article in Journal of International Economics (1987)
Can Public Spending Cuts be Inflationary?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1988) View citations (1)
DEBT NEUTRALITY, REDISTRIBUTION AND CONSUMER HETEROGENEITY: A SURVEY AND SOME EXTENSIONS - AND - DEBT NEUTRALITY, PROFESSOR VICKREY AND HENRY GEORGE'S SINGLE TAX
Working Papers, London School of Economics - Centre for Labour Economics
Death, Population Growth, Productivity Growth and Debt Neutrality
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
SOME THOUGHTS ON THE ROLE OF FISCAL POLICY IN STABILISATION AND STRUCTURAL ADJUSTMENT IN DEVELOPING COUNTRIES
Working Papers, London School of Economics - Centre for Labour Economics
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1988) CEPR Discussion Papers, C.E.P.R. Discussion Papers (1988) View citations (7)
1987
Efficient "Myopic" Asset Pricing in General Equilibrium: A Potential Pitfall in Excess Volatility Tests
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
See also Journal Article in Economics Letters (1987)
Fiscal Prerequisites for a Viable Managed Exchange Rate Regime: A Non-technical Eclectic Introduction
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1986)
Fiscal policy in open, interdependent economies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1984) View citations (5)
Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1986) View citations (1)
See also Chapter (1988)
The Current Global Economic Situation, Outlook and Policy Options, with Special Emphasis on Fiscal Policy Issues
CEPR Discussion Papers, C.E.P.R. Discussion Papers
The Right Combination of Demand and Supply Policies: The Case for a Two-Handed Approach
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
1986
Costs and Benefits of an Anti-Inflationary Policy: Questions and Issues
NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
Granger Causality and Policy Ineffectiveness: A Rejoinder
CEPR Discussion Papers, C.E.P.R. Discussion Papers
Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (1986)
International Monetary Policy to Promote Economic Recovery
NBER Working Papers, National Bureau of Economic Research, Inc
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1985) View citations (2)
Macroeconomic Responses by Developing Countries to Changes in External Economic Conditions
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1986)
Policy Decentralization and Exchange Rate Management in Interdependent Economies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1980)
1985
A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic
NBER Technical Working Papers, National Bureau of Economic Research, Inc
See also Journal Article in Oxford Economic Papers (1987)
1984
Allocative and Stabilisation Aspects of Budgetary and Financial Policy
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
International Balance of Payments Financing and Adjustment
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Measuring Aspects of Fiscal and Financial Policy
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1984) View citations (2)
Policy Evaluation and Design for Continuous Time Linear Rational Expectations Models: Some Recent Developments
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (1984)
Saddlepoint Problems in Contifuous Time Rational Expectations Models: A General Method and Some Macroeconomic Ehamples
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (23)
Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1982) View citations (11)
See also Journal Article in Econometrica (1984)
The Proper Measurement of Government Budget Deficits: Comprehensive Wealth Accounting or Permanent Income Accounting for the Public Sector
NBER Working Papers, National Bureau of Economic Research, Inc
The Theory of Optimum Deficits and Debt
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
1983
Deficits, Crowding Out and Inflation: The Simple Analytics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Monetary and Fiscal Policy with Flexible Exchange Rates
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
Oil, Disinflation, and Export Competitiveness: A Model of the "Dutch Disease"
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1980) View citations (6)
Optimal and Time-Consistent Polices in Continuous Time Rational Expectations Models
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (7)
Predetermined and Non-Predetermined Variables in Rational Expectations Models
NBER Technical Working Papers, National Bureau of Economic Research, Inc
See also Journal Article in Economics Letters (1982)
Real Effects of Anticipated and Unanticipated Money: Some Problems of Estimation and Hypothesis Testing
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in Journal of Monetary Economics (1983)
1982
Comment on T. J. Sargent and N. Wallace: "Some Unpleasant Monetarist Arithmetic"
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Monetary Policy and International Competitiveness
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
On the Adequacy or Inadequacy of Keynesian Balance-of-Payments Theory: A Rejoinder
NBER Working Papers, National Bureau of Economic Research, Inc
Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1981) View citations (8)
See also Chapter (1991) Journal Article in European Economic Review (1982)
1981
A Note on the Solution of A Two-Point Boundary Value Problem Frequently Encountered in Rational Expectations Models
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (1)
Granger-Causality and Stabilization Policy
NBER Technical Working Papers, National Bureau of Economic Research, Inc
Issues in Controllability and the Theory of Economic Policy
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (4)
See also Journal Article in Journal of Public Economics (1981)
Macroeconometric Modelling for Policy Evaluation and Design
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (1)
The Superiority of Contingent Rules over Fixed Rules in Models with Rational Expectations
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (16)
See also Journal Article in Economic Journal (1981)
1980
Implications for the Adjustment Process of International Asset Risks: Exchange Controls, Intervention and Policy Risk, and Sovereign Risk
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Monetary Policy and International Competitiveness (A story of smart speculators and sticky prices, set in a world of high-speed capital movements)
The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics
Staggered Wage Setting without Money Illusion: Variations on a Theme of Taylor
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
The Role of Economic Policy After the New Classical Macroeconomics
NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1980) View citations (1)
1979
Feedback and the Use of Current Information: The Use of General Linear Policy Rules in Rational Expectations Models
NBER Working Papers, National Bureau of Economic Research, Inc
The Roles of Monetary, Financial and Fiscal Policy with Rational Expectations
NBER Working Papers, National Bureau of Economic Research, Inc
Time Preference and International Lending and Borrowing in an Overlapping-Generations Model
NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
See also Journal Article in Journal of Political Economy (1981)
1978
Debt Neutrality: A Brief Review of Doctrine and Evidence
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (12)
Fiscal and Monetary Policies, Capital Formation, and Economic Activity
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (9)
1974
Long Run Effects of Fiscal and Monetary Policy on Aggregate Demand
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (20)
Journal Articles
2012
The European Central Bank as Lender of Last Resort for Sovereigns in the Eurozone
Journal of Common Market Studies , 2012, 50 , 6-35
2010
Housing wealth isn't wealth
Economics - The Open-Access, Open-Assessment E-Journal , 2010, 4 , (22), 1-29 View citations (1)
See also Working Paper (2009)
The limits to fiscal stimulus
Oxford Review of Economic Policy , 2010, 26 , (1), 48-70 View citations (2)
See also Working Paper (2009)
2009
Negative nominal interest rates: Three ways to overcome the zero lower bound
The North American Journal of Economics and Finance , 2009, 20 , (3), 213-238 View citations (6)
See also Working Paper (2009)
2008
Economic, Political, and Institutional Prerequisites for Monetary Union Among the Members of the Gulf Cooperation Council
Open Economies Review , 2008, 19 , (5), 579-612 View citations (2)
See also Working Paper (2008)
Europas Bankenkrise: ein Aufruf zum Handeln
DIW Wochenbericht , 2008, 75 , (41), 640-641
Why the United Kingdom Should Join the Eurozone
International Finance , 2008, 11 , (3), 269-282 View citations (3)
2007
DEFLATIONARY BUBBLES
Macroeconomic Dynamics , 2007, 11 , (04), 431-454 View citations (3)
See also Working Paper (2007)
Is Numérairology the Future of Monetary Economics?
Open Economies Review , 2007, 18 , (2), 127-156
Seigniorage
Economics - The Open-Access, Open-Assessment E-Journal , 2007, 1 , (10), 1-49 View citations (8)
See also Working Paper (2007)
2006
The 'Sense and Nonsense of Maastricht' Revisited: What Have we Learnt about Stabilization in EMU?
Journal of Common Market Studies , 2006, 44 , 687-710 View citations (1)
See also Working Paper (2005)
2005
Excessive Budget Deficits, a Government-Abused Financial System, and Fiscal Rules
India Policy Forum , 2005, 2 , (1), 1-54 View citations (2)
New Developments in Monetary Economics: Two ghosts, Two Eccentricities, a Fallacy, a Mirage and a Mythos
Economic Journal , 2005, 115 , (502), C1-C31 View citations (11)
Overcoming the zero bound on nominal interest rates: Gesell’s currency carry tax vs. Eisler’s parallel virtual currency
International Economics and Economic Policy , 2005, 2 , (2), 189-200
2004
Patching up the Pact
The Economics of Transition , 2004, 12 , (1), 67-102 View citations (13)
Two Naked Emperors? Concerns about the Stability & Growth Pact and Second Thoughts about Central Bank Independence
Fiscal Studies , 2004, 25 , (3), 249-277
See also Working Paper (2004)
2003
James Tobin: An Appreciation of his Contribution to Economics
Economic Journal , 2003, 113 , (491), F585-F631 View citations (2)
See also Working Paper (2003)
Overcoming the zero bound on nominal interest rates with negative interest on currency: gesell's solution
Economic Journal , 2003, 113 , (490), 723-746 View citations (32)
See also Working Paper (2003)
Ten Commandments for a Fiscal Rule in the E(M)U
Oxford Review of Economic Policy , 2003, 19 , (1), 84-99 View citations (14)
UEM ou politique de l’autruche ? Les candidats à l’UE(M) face aux questions de politique budgétaire et monétaire
Revue d'Économie Financière , 2003, 72 , (3), 83-106
2002
Quelle devrait être la mission des banques multilatérales de développement ?
Revue d’économie du développement , 2002, 16 , (1), 171-204
The Fiscal Theory Of The Price Level: A Critique
Economic Journal , 2002, 112 , (481), 459-480 View citations (62)
2001
Banque centrale et choix de régimes de change pour les pays candidats à l’adhésion
Revue d'Économie Financière , 2001, 6 , (1), 315-347
Central Banking and the Choice of Currency Regime in Accession Countries
Revue d'Économie Financière , 2001, 6 , (1), 287-318
See also Chapter (2001) Book (2001)
Debt in Transition Economies: Where is it Heading, What can be Done About it?
Revue d'Économie Financière , 2001, 6 , (1), 191-213
La dette des économies en transition: évolution et marche à suivre
Revue d'Économie Financière , 2001, 6 , (1), 207-231
Notes on 'A Code for Fiscal Stability.'
Oxford Economic Papers , 2001, 53 , (1), 1-19 View citations (10)
See also Working Paper (1998)
2000
From Predation to Accumulation?: The Second Transition Decade in Russia
The Economics of Transition , 2000, 8 , (3), 603-622 View citations (3)
Optimal Currency Areas: Scottish Economic Society/Royal Bank of Scotland Annual Lecture, 1999
Scottish Journal of Political Economy , 2000, 47 , (3), 213-50 View citations (3)
1999
Alice in Euroland
Journal of Common Market Studies , 1999, 37 , (2), 181-209 View citations (88)
See also Working Paper (1999)
The EMU and the NAMU: What is the Case for North American Monetary Union?
Canadian Public Policy , 1999, 25 , (3), 285-305 View citations (27)
See also Working Paper (1999)
UDROP: A Contribution to the New International Financial Architecture
International Finance , 1999, 2 , (2), 227-47 View citations (20)
1997
A portfolio approach to a cross-sectoral and cross-national investment strategy in transition economies
The Economics of Transition , 1997, 5 , (1), 63-96
See also Working Paper (1997)
Generational Accounts, Aggregate Saving and Intergenerational Distribution
Economica , 1997, 64 , (256), 605-26 View citations (7)
See also Working Paper (1996)
The Economic Case for Monetary Union in the European Union
Review of International Economics , 1997, 5 , (4), 10-35 View citations (14)
1993
Options for UK Fiscal Policy
Oxford Review of Economic Policy , 1993, 9 , (3), 62-68
Permanent International Productivity Growth Differentials in an Integrated Global Economy
Scandinavian Journal of Economics , 1993, 95 , (4), 467-93 View citations (21)
See also Working Paper (1992)
1992
Debt, deficits, and inflation: An application to the public finances of India
Journal of Public Economics , 1992, 47 , (2), 171-205 View citations (14)
See also Working Paper (1992)
Fiscal policy coordination as fiscal federalism: Economic integration, public goods and efficiency in growing economies
European Economic Review , 1992, 36 , (2-3), 647-653
Who's Afraid of the Public Debt?
American Economic Review , 1992, 82 , (2), 290-94 View citations (2)
1991
Persistent differences in national productivity growth rates with a common technology and free capital mobility: The roles of private thrift, public debt, capital taxation, and policy toward human capital formation
Journal of the Japanese and International Economies , 1991, 5 , (4), 325-353 View citations (2)
The welfare economics of cooperative and noncooperative fiscal policy
Journal of Economic Dynamics and Control , 1991, 15 , (1), 215-244 View citations (9)
See also Working Paper (1991)
1989
A Viable Gold Standard Requires Flexible Monetary and Fiscal Policy
Review of Economic Studies , 1989, 56 , (1), 101-17 View citations (3)
See also Working Paper (1988)
Debt neutrality, Professor Vickrey and Henry George's 'single tax'
Economics Letters , 1989, 29 , (1), 43-47 View citations (2)
See also Working Paper (1989)
Some thoughts on the Brady plan: Putting a fourth leg on the donkey?
World Development , 1989, 17 , (10), 1661-1664 View citations (3)
1988
Death, Birth, Productivity Growth and Debt Neutrality
Economic Journal , 1988, 98 , (391), 279-93 View citations (74)
Structural and Stabilization Aspects of Fiscal and Financial Policy in the Dependent Economy
Oxford Economic Papers , 1988, 40 , (2), 220-45 View citations (6)
See also Working Paper (1989)
1987
A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic
Oxford Economic Papers , 1987, 39 , (1), 111-18 View citations (7)
See also Working Paper (1985)
An empirical investigation of the long-run behavior of real exchange rates comment on the huizinga paper
Carnegie-Rochester Conference Series on Public Policy , 1987, 27 , (1), 215-223 View citations (1)
Borrowing to defend the exchange rate and the timing and magnitude of speculative attacks
Journal of International Economics , 1987, 23 , (3-4), 221-239 View citations (23)
See also Working Paper (1988)
Efficient 'myopic' asset pricing in general equilibrium: A potential pitfall in excess volatility tests
Economics Letters , 1987, 25 , (2), 143-148 View citations (1)
See also Working Paper (1987)
Rewarding the profligate and punishing the prudent and poor: Some recent proposals for debt relief
World Development , 1987, 15 , (3), 411-417 View citations (4)
1986
Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies (Conception de la politique macroéconomique dans une économie mondiale interdépendante: analyse de trois éventualités) (Formulación de la polÃtica macroeconómica en una economÃa mundial interdependiente: Análisis de tres casos)
IMF Staff Papers , 1986, 33 , (3), 541-582
1984
Controllability and the theory of economic policy: A further note
Journal of Public Economics , 1984, 24 , (1), 127-129 View citations (1)
Government Debt: Comment [Government Debt in an Overlapping-Generations Model with Bequests and Gifts]
American Economic Review , 1984, 74 , (4), 762-65 View citations (1)
Granger-Causality and Policy Effectiveness
Economica , 1984, 51 , (202), 151-62 View citations (2)
Saddlepoint Problems in Continuous Time Rational Expectations Models: A General Method and Some Macroeconomic Examples
Econometrica , 1984, 52 , (3), 665-80 View citations (49)
See also Working Paper (1984)
1983
Changing the Rules: Economic Consequences of the Thatcher Regime
Brookings Papers on Economic Activity , 1983, 14 , (2), 305-380 View citations (14)
Flexible Exchange Rates and Interdependence [with Comments] (Taux de change flexibles et interdépendance) (Tipos de cambio flexibles e interdependencia)
IMF Staff Papers , 1983, 30 , (1), 3-38 View citations (4)
Measurement of the Public Sector Deficit and Its Implications for Policy Evaluation and Design (Mesure du déficit du secteur public et ses implications pour l'évaluation et l'élaboration de la politique économique) (Medición del déficit del sector público e implicaciones para la evaluación y formulación de ciertas polÃticas)
IMF Staff Papers , 1983, 30 , (2), 306-349 View citations (1)
Real effects of anticipated and unanticipated money: Some problems of estimation and hypothesis testing
Journal of Monetary Economics , 1983, 11 , (2), 207-224 View citations (2)
See also Working Paper (1983)
1982
Predetermined and non-predetermined variables in rational expectations models
Economics Letters , 1982, 10 , (1-2), 49-54 View citations (5)
See also Working Paper (1983)
Real exchange rate overshooting and the output cost of bringing down inflation
European Economic Review , 1982, 18 , (1), 85-123 View citations (26)
Also in European Economic Review , 1982, 18 , (2), 85-123 (1982) View citations (26)
See also Chapter (1991) Working Paper (1982)
1981
Issues in controllability and the theory of economic policy
Journal of Public Economics , 1981, 15 , (1), 33-43 View citations (4)
See also Working Paper (1981)
Keynesian Balance of Payments Models: Comment [On the Almost Total Inadequacy of Keynesian Balance-of-Payments Theory]
American Economic Review , 1981, 71 , (4), 784-95
Monetary Policy and International Competitiveness: The Problems of Adjustment
Oxford Economic Papers , 1981, 33 , 143-75 View citations (14)
Staggered Wage Setting with Real Wage Relativities: Variations on a Theme of Taylor
The Manchester School of Economic & Social Studies , 1981, 49 , (3), 211-28 View citations (56)
The Superiority of Contingent Rules over Fixed Rules in Models with Rational Expectations
Economic Journal , 1981, 91 , (363), 647-70 View citations (14)
See also Working Paper (1981)
The Thatcher Experiment: The First Two Years
Brookings Papers on Economic Activity , 1981, 12 , (2), 315-380 View citations (9)
Time Preference and International Lending and Borrowing in an Overlapping-Generations Model
Journal of Political Economy , 1981, 89 , (4), 769-97 View citations (95)
See also Working Paper (1979)
1980
Monetary, Financial, and Fiscal Policies under Rational Expectations (Politique monétaire, financière et budgétaire dans l'hypothèse d'anticipations rationnelles) (Las polÃticas monetaria, financiera y fiscal en condiciones de expectativas racionales)
IMF Staff Papers , 1980, 27 , (4), 785-813
The Macroeconomics of Dr. Pangloss: A Critical Survey of the New Classical Macroeconomics
Economic Journal , 1980, 90 , (357), 34-50 View citations (19)
Walras' Law and All That: Budget Constraints and Balance Sheet Constraints in Period Models and Continuous Time Models
International Economic Review , 1980, 21 , (1), 1-16 View citations (7)
1978
A Didactic Note on the Transactions Demand for Money and Behavior towards Risk: A Note
Journal of Money, Credit and Banking , 1978, 10 , (4), 529-38 View citations (2)
Short-run and Long-run Effects of External Disturbances under a Floating Exchange Rate
Economica , 1978, 45 , (179), 251-72 View citations (14)
1977
On Two Specifications of Asset Equilibrium in Macroeconomic Models: A Note
Journal of Political Economy , 1977, 85 , (2), 395-400 View citations (1)
Some Unfamiliar Properties of a Familiar Macroeconomic Model
Economic Journal , 1977, 87 , (348), 743-54
`Crowding out' and the effectiveness of fiscal policy
Journal of Public Economics , 1977, 7 , (3), 309-328 View citations (19)
Books
2010
The Quest for Stability: the macro view
SUERF Studies, SUERF - The European Money and Finance Forum
2001
Central Banking and the Choice of Currency Regime in Accession Countries
SUERF Studies, SUERF - The European Money and Finance Forum View citations (22)
See also Chapter (2001) Journal Article in Revue d'Économie Financière (2001)
Financial Markets and European Monetary Cooperation
Cambridge Books, Cambridge University Press
1990
Principles of Budgetary and Financial Policy, vol 1
MIT Press Books, The MIT Press View citations (15)
1986
International Economic Policy Coordination
Cambridge Books, Cambridge University Press View citations (10)
Also in NBER Books, National Bureau of Economic Research, Inc (1985) View citations (19)
Chapters
2010
Reversing unconventional monetary policy: technical and political considerations
SUERF - The European Money and Finance Forum
See also Working Paper (2009)
2001
Central Banking and the Choice of Currency Regime in Accession Countries
SUERF - The European Money and Finance Forum View citations (22)
See also Book (2001) Journal Article in Revue d'Économie Financière (2001)
1991
Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation
A chapter in International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics , 1991, pp 239-277
See also Working Paper (1982) Journal Article in European Economic Review (1982)
1988
Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies
A chapter in International Aspects of Fiscal Policies , 1988, pp 121-172 View citations (1)
See also Working Paper (1987)
1985
Introduction to "International Economic Policy Coordination"
A chapter in International Economic Policy Coordination , 1985, pp 1-7 View citations (4)
1983
Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation: Some Further Results
A chapter in Exchange Rates and International Macroeconomics , 1983, pp 317-368 View citations (5)
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