Details about Michael B. Devereux

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Homepage:	http://www.arts.ubc.ca/econ/devereux/index.htm
Workplace:	Vancouver School of Economics, University of British Columbia, (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC) Rimini Centre for Economic Analysis (RCEA), (more information at EDIRC)

Access statistics for papers by Michael B. Devereux.

Last updated 2013-05-21. Update your information in the RePEc Author Service.

Short-id: pde32

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Working Papers

2004

A Simple Model of Optimal Monetary Policy with Financial Constraints
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
Dollar bloc or dollar block: external currency pricing and the East Asian crisis
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
Endogeneity of the Optimal Currency Area Revisited
Econometric Society 2004 North American Winter Meetings, Econometric Society
Exchange Rate Regimes, Specialization and Trave Volume
Working Papers, Hong Kong Institute for Monetary Research
See also Journal Article in The B.E. Journal of Macroeconomics (2006)
External Currency Pricing and the East Asian Crisis
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
See also Journal Article in Journal of International Economics (2006)
Global Monetary Policy Under a Dollar Standard
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
See also Journal Article in Journal of International Economics (2007)
State Dependent Pricing and Business Cycle Asymmetries
2004 Meeting Papers, Society for Economic Dynamics View citations (11)
See also Journal Article in International Economic Review (2007)

2003

Endogenous Exchange Rate Pass-through when Nominal Prices are Set in Advance
NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
Also in IEHAS Discussion Papers, Institute of Economics, Hungarian Academy of Sciences (2003) View citations (7)
Working Papers, Hong Kong Institute for Monetary Research (2002) View citations (6)
CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (6)
See also Journal Article in Journal of International Economics (2004)
Exchange Rate Pass-Through, Exchange Rate Volatility, and ExchangeRate Disconnect
DNB Staff Reports (discontinued), Netherlands Central Bank
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (108)
See also Journal Article in Journal of Monetary Economics (2002)
Exchange Rate Policy and Endogenous Price Flexibility
CEPR Discussion Papers, C.E.P.R. Discussion Papers
See also Journal Article in Journal of the European Economic Association (2006)

2002

Price Setting and Exhange Rate Pass-Through
Working Papers, Hong Kong Institute for Monetary Research View citations (32)
Understanding Bilateral Exchange Rate Volatility
Economic Papers, Trinity College Dublin, Economics Department View citations (5)
Also in CEG Working Papers, Trinity College Dublin, Economics Department (2002) View citations (5)
CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (5)
See also Journal Article in Journal of International Economics (2003)

2001

Endogenous Currency of Price Setting in a Dynamic Open Economy Model
NBER Working Papers, National Bureau of Economic Research, Inc View citations (67)
Financial Constraints and Exchange Rate Flexibility in Emerging Market Economies
Working Papers, Hong Kong Institute for Monetary Research View citations (4)
International Risk-Sharing and the Exchange Rate: Re-evaluating the Case for Flexible Exchange Rates
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
Also in Working Papers, Hong Kong Institute for Monetary Research (2001) View citations (1)
Predetermined Prices and the Persistent Effects of Money on Output
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
Also in Working Papers, Bank of Canada (2001) View citations (4)
See also Journal Article in Journal of Money, Credit and Banking (2003)

2000

A Simple Dynamic General Equilibrium Analysis of the Trade-off Between Fixed and Floating Exchange Rates
Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (1)
Also in UBC Departmental Archives, UBC Department of Economics (1999) View citations (4)
A Simple Dynamic General Equilibrium Model Of The Tradeoff Between Fixed And Floating Exchange Rates
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
Monetary Policy In The Open Economy Revisited: Price Setting Rules And Exchange Rate Flexibility
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (49)
Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibiity
Working Papers, University of Washington, Department of Economics
Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) View citations (1)
NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (113)
Working Papers, Hong Kong Institute for Monetary Research (2000) View citations (79)
See also Journal Article in Review of Economic Studies (2003)
Mundell Revisited: A simple approach to the Costs and Benefits of a Single Currency Area
Working Papers, Hong Kong Institute for Monetary Research View citations (3)
See also Journal Article in Review of International Economics (2003)
Risk Sharing and the Theory of Optimal Currency Areas: A Re-examination of Mundell 1973
Working Papers, Hong Kong Institute for Monetary Research View citations (2)
The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production
Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington View citations (11)
Also in Working Papers, University of Washington, Department of Economics (2000) View citations (7)
NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (10)
See also Chapter (2001)

1999

A Tale of Two Currencies: The Asian Crisis and the Exchange Rate Regimes of Hong Kong and Singapore
UBC Departmental Archives, UBC Department of Economics
See also Journal Article in Review of International Economics (2003)
Do Fixed Exchange Rates Inhibit Macroeconomic Adjustments?
UBC Departmental Archives, UBC Department of Economics View citations (4)
Exchange Rate Pass-Through and the Welfare Effects of the Euro
NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
Also in Working Papers, University of Washington, Department of Economics (1999) View citations (7)
Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1999) View citations (49)
See also Journal Article in International Economic Review (2003)
How Does a Devaluation Affects the Current Account?
UBC Departmental Archives, UBC Department of Economics View citations (1)
See also Journal Article in Journal of International Money and Finance (2000)
International Monetary Policy Coordination and Competitive Depreciation: A Re-Evaluation
UBC Departmental Archives, UBC Department of Economics View citations (9)
See also Journal Article in Journal of Money, Credit and Banking (2000)
Review of International Economics. Real Exchange Rate Trends and Growth: A Model of East Asia
UBC Departmental Archives, UBC Department of Economics View citations (1)

1998

Fixed vs. Floating Exchange Rates: How Price Setting Affects the Optimal Choice of Exchange-Rate Regime
NBER Working Papers, National Bureau of Economic Research, Inc View citations (97)

1996

Exploring General Equilibrium Implications of Skill-Based Technological Change
UBC Departmental Archives, UBC Department of Economics View citations (2)

1995

Exchange Rate Dynamics and International Transmission in a Model of Pricing-To-Market
UBC Departmental Archives, UBC Department of Economics View citations (1)
Political Uncertainty, Capital Taxation, and Growth
UBC Departmental Archives, UBC Department of Economics View citations (1)
Towards an Endogenous Propagation Theory of Business Cycles
UBC Departmental Archives, UBC Department of Economics View citations (7)

1994

Growth, Convergence, and Risk-Sharing with Incomplete International Asset Markets
UBC Departmental Archives, UBC Department of Economics

1993

A Dynamic Model of Trade Union Contract Duration
Working Papers, Queen's University, Department of Economics
Exit and Entry, Increasing Returns to Specialization, and Business Cycles
Working Papers, Queen's University, Department of Economics View citations (3)
Also in UBC Departmental Archives, UBC Department of Economics (1993) View citations (3)
Monopolistic Competition, Price Setting and the Effcts of Real and Monetary Shocks
UBC Departmental Archives, UBC Department of Economics View citations (22)
The Dynamic Effects of Government Spending Policies in a Two-Sector Endogenous Growth Model
UBC Departmental Archives, UBC Department of Economics
See also Journal Article in Journal of Money, Credit and Banking (1995)
The Stability of Economic Integration and Endogenous Growth
UBC Departmental Archives, UBC Department of Economics
Also in Working Papers, Queen's University, Department of Economics (1993)
See also Journal Article in The Quarterly Journal of Economics (1994)

1992

An Examination of the "Exoansionay Fiscal Contraction" Hypothesis
Working Papers, New South Wales - School of Economics

1991

International Risk Sharing and Economic Growth
Working Papers, Queen's University, Department of Economics View citations (2)
See also Journal Article in International Economic Review (1994)

1990

Growth, Specialization, and Trade Liberalization
Working Papers, Queen's University, Department of Economics View citations (4)
See also Journal Article in International Economic Review (1997)
Realistic Cross-Country Consumption Correlations in a Two-Country, Equilibrium, Business Cycle Model
Working Papers, Queen's University, Department of Economics View citations (4)
See also Journal Article in Journal of International Money and Finance (1992)

1989

A SURVEY OF SOME RECENT DEVELOPMENTS IN MACROECONOMICS
Working Papers-Department of Finance Canada, Department of Finance Canada
Capital Accumulation and the Current Account in a Two-Country Model
Working Papers, Queen's University, Department of Economics View citations (2)
See also Journal Article in Journal of International Economics (1991)
Government Purchases and Real Interest Rates with Endogenous Time Preference
Working Papers, Queen's University, Department of Economics
See also Journal Article in Economics Letters (1991)
Trade Unions, Non-Binding Wage Agreements, and Capital Accumulation
Working Papers, Queen's University, Department of Economics View citations (12)
See also Journal Article in European Economic Review (1991)

1986

A Positive Theory of Fiscal Policy in Open Economies
Working Papers, Queen's University, Department of Economics View citations (2)
See also Chapter (1988)

1985

Trade Unions and the Choice of Capital Stock
Working Papers, Queen's University, Department of Economics View citations (3)
See also Journal Article in Scandinavian Journal of Economics (1988)

1984

Fiscal Policy and the Real Exchange Rate
Working Papers, Queen's University, Department of Economics View citations (1)
See also Journal Article in European Economic Review (1990)

Journal Articles

2013

Trends in European real exchange rates
Economic Policy, 2013, 28, (74), 193-242
VEHICLE CURRENCY
International Economic Review, 2013, 54, (1), 97-133
See also Working Paper (2008)

2012

Consumption and real exchange rates in professional forecasts
Journal of International Economics, 2012, 86, (1), 33-42 View citations (1)
See also Working Paper (2009)
Real Exchange Rate Adjustment in and out of the Eurozone
American Economic Review, 2012, 102, (3), 179-85 View citations (5)
The extensive margin, sectoral shares, and international business cycles
Canadian Journal of Economics, 2012, 45, (2), 509-534
See also Working Paper (2011)

2011

Advances in international macroeconomics: Lessons from the crisis
European Economic Review, 2011, 55, (3), 307-308 View citations (1)
COUNTRY PORTFOLIOS IN OPEN ECONOMY MACRO‐MODELS
Journal of the European Economic Association, 2011, 9, (2), 337-369 View citations (7)
See also Working Paper (2008)
Cooperative fiscal policy at the zero lower bound
Journal of the Japanese and International Economies, 2011, 25, (4), 465-486
Evaluating international financial integration under leverage constraints
European Economic Review, 2011, 55, (3), 427-442 View citations (4)
Monetary Policy in Economic Crises: A Simple Model of Policy with External Financial Constraints
International Economic Journal, 2011, 25, (4), 683-711
Optimal fiscal policy in a world liquidity trap
European Economic Review, 2011, 55, (4), 443-462 View citations (5)

2010

Country portfolio dynamics
Journal of Economic Dynamics and Control, 2010, 34, (7), 1325-1342 View citations (20)
See also Working Paper (2007)
JIE special issue on international macro-finance
Journal of International Economics, 2010, 80, (1), 1-2 View citations (1)
Leverage Constraints and the International Transmission of Shocks
Journal of Money, Credit and Banking, 2010, 42, (s1), 71-105 View citations (32)
See also Working Paper (2010)
Oil Currency and the Dollar Standard: A Simple Analytical Model of an International Trade Currency
Journal of Money, Credit and Banking, 2010, 42, (4), 521-550
Price adjustment and exchange rate pass-through
Journal of International Money and Finance, 2010, 29, (1), 181-200 View citations (13)
Valuation effects and the dynamics of net external assets
Journal of International Economics, 2010, 80, (1), 129-143 View citations (6)
See also Working Paper (2009)

2009

A portfolio model of capital flows to emerging markets
Journal of Development Economics, 2009, 89, (2), 181-193 View citations (15)
See also Working Paper (2009)
A simple model of emerging market portfolio structure
International Review of Economics & Finance, 2009, 18, (3), 457-468 View citations (2)
Introduction to the special issue of IREF on macroeconomics of Asia
International Review of Economics & Finance, 2009, 18, (3), 363-365
Much Appreciated? The Rise of the Canadian Dollar
Review of Economic Analysis, 2009, 1, (1), 1-33

2008

Financial globalization and monetary policy
Journal of Monetary Economics, 2008, 55, (8), 1363-1375 View citations (5)
See also Working Paper (2008)

2007

Currency appreciation and current account adjustment
Journal of International Money and Finance, 2007, 26, (4), 570-586 View citations (6)
See also Working Paper (2006)
Expenditure switching versus real exchange rate stabilization: Competing objectives for exchange rate policy
Journal of Monetary Economics, 2007, 54, (8), 2346-2374 View citations (14)
See also Working Paper (2006)
Financial Globalization and Emerging Market Portfolios
Monetary and Economic Studies, 2007, 25, (S1), 101-130 View citations (3)
See also Working Paper (2007)
Global monetary policy under a dollar standard
Journal of International Economics, 2007, 71, (1), 113-132 View citations (8)
See also Working Paper (2004)
Monetary Policy and Portfolio Choice Choice in an Open Economy Macro Model
Journal of the European Economic Association, 2007, 5, (2-3), 491-499 View citations (9)
STATE DEPENDENT PRICING AND BUSINESS CYCLE ASYMMETRIES
International Economic Review, 2007, 48, (1), 281-310 View citations (17)
See also Working Paper (2004)
Transfer problem dynamics: Macroeconomics of the Franco-Prussian war indemnity
Journal of Monetary Economics, 2007, 54, (8), 2375-2398 View citations (2)
See also Working Paper (2005)

2006

"Emerging markets and macroeconomic volatility: Lessons from a decade of financial debacles", a symposium for the Journal of International Economics
Journal of International Economics, 2006, 69, (1), 1-5 View citations (1)
A Theoretical Growth Model for Ireland
The Economic and Social Review, 2006, 37, (2), 245-262 View citations (1)
Accounting for the East Asian Crisis: A Quantitative Model of Capital Outflows in Small Open Economies
Journal of Money, Credit and Banking, 2006, 38, (3), 721-749 View citations (14)
Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?
IMF Staff Papers, 2006, 53, 8 View citations (1)
See also Working Paper (2005)
Capital inflows, fiscal discretion, and exchange rate policy
European Economic Review, 2006, 50, (8), 1975-1992 View citations (2)
Exchange Rate Policy and Endogenous Price Flexibility
Journal of the European Economic Association, 2006, 4, (4), 735-769 View citations (2)
See also Working Paper (2003)
Exchange Rate Regimes, Specialization and Trade Volume
The B.E. Journal of Macroeconomics, 2006, topics.6, (2), 12
See also Working Paper (2004)
Exchange Rates and Monetary Policy in Emerging Market Economies
Economic Journal, 2006, 116, (511), 478-506 View citations (77)
See also Working Paper (2005)
External currency pricing and the East Asian crisis
Journal of International Economics, 2006, 69, (1), 37-63 View citations (27)
See also Working Paper (2004)
Global current account adjustment: a decomposition
Proceedings, 2006, (Jun)
See also Working Paper (2006)

2005

Friedman redux: Restricting monetary policy rules to support flexible exchange rates
Economics Letters, 2005, 87, (3), 291-299 View citations (1)

2004

Endogenous exchange rate pass-through when nominal prices are set in advance
Journal of International Economics, 2004, 63, (2), 263-291 View citations (61)
See also Working Paper (2003)
Monetary policy rules and exchange rate flexibility in a simple dynamic general equilibrium model
Journal of Macroeconomics, 2004, 26, (2), 287-308 View citations (5)
Should the exchange rate be a shock absorber?
Journal of International Economics, 2004, 62, (2), 359-377 View citations (14)

2003

A Macroeconomic Analysis of EU Accession under Alternative Monetary Policies
Journal of Common Market Studies, 2003, 41, (5), 941-964 View citations (10)
A Tale of Two Currencies: the Asian Crisis and the Exchange Rate Regimes of Hong Kong and Singapore
Review of International Economics, 2003, 11, (1), 38-54 View citations (9)
See also Working Paper (1999)
Exchange Rate Pass-Through and the Welfare Effects of the Euro
International Economic Review, 2003, 44, (1), 223-242 View citations (38)
See also Working Paper (1999)
Expansionary fiscal contraction: A theoretical exploration
Journal of Macroeconomics, 2003, 25, (1), 1-23 View citations (10)
Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility
Review of Economic Studies, 2003, 70, (4), 765-783 View citations (75)
Also in Review of Economic Studies, 2003, 70, (4), 765-783 (2003) View citations (15)
See also Working Paper (2000)
Mundell Revisited: a Simple Approach to the Costs and Benefits of a Single Currency Area
Review of International Economics, 2003, 11, (4), 674-691 View citations (9)
See also Working Paper (2000)
Predetermined Prices and the Persistent Effects of Money on Output
Journal of Money, Credit and Banking, 2003, 35, (5), 729-41 View citations (19)
See also Working Paper (2001)
Understanding bilateral exchange rate volatility
Journal of International Economics, 2003, 60, (1), 109-132 View citations (61)
See also Working Paper (2002)

2002

Capital Controls in Malaysia: Effectiveness and Side Effects
Asian Economic Papers, 2002, 1, (1), 49-82 View citations (1)
Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect
Journal of Monetary Economics, 2002, 49, (5), 913-940 View citations (84)
See also Working Paper (2003)
Menu costs and the long-run output-inflation trade-off
Economics Letters, 2002, 76, (1), 95-100 View citations (24)

2001

Dynamic Gains from International Trade with Imperfect Competition and Market Power
Review of Development Economics, 2001, 5, (2), 239-55 View citations (1)
THE NEW INTERNATIONAL MACROECONOMICS: SOME POLICY IMPLICATIONS
Economic Papers, 2001, 20, (S1), 30-41

2000

Erratum to "Exchange rate dynamics in a model of pricing-to-market": [Journal of International Economics 50 (2000) 214-244]
Journal of International Economics, 2000, 52, (1), 207-208 View citations (11)
Exchange rate dynamics in a model of pricing-to-market
Journal of International Economics, 2000, 50, (1), 215-244 View citations (296)
Government Spending and Welfare with Returns to Specialization
Scandinavian Journal of Economics, 2000, 102, (4), 547-61 View citations (10)
How does a devaluation affect the current account?
Journal of International Money and Finance, 2000, 19, (6), 833-851 View citations (4)
See also Working Paper (1999)
International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation
Journal of Money, Credit and Banking, 2000, 32, (4), 722-45 View citations (8)
See also Working Paper (1999)

1999

Endogenous trade policy and the gains from international financial markets
Journal of Monetary Economics, 1999, 43, (1), 35-59 View citations (8)
Growth and the dynamics of trade liberalization
Journal of Economic Dynamics and Control, 1999, 23, (5-6), 773-795
Real Exchange Rate Trends and Growth: A Model of East Asia
Review of International Economics, 1999, 7, (3), 509-21 View citations (12)

1998

Political instability, capital taxation, and growth
European Economic Review, 1998, 42, (9), 1635-1651 View citations (31)

1997

Comment on "Money in a Real Business Cycle Model."
Journal of Money, Credit and Banking, 1997, 29, (4), 616-23
Growth and risk-sharing with incomplete international assets markets
Journal of International Economics, 1997, 42, (3-4), 453-481 View citations (28)
Growth, Specialization, and Trade Liberalization
International Economic Review, 1997, 38, (3), 565-85 View citations (12)
See also Working Paper (1990)
Real Exchange Rates and Macroeconomics: Evidence and Theory
Canadian Journal of Economics, 1997, 30, (4), 773-808 View citations (45)

1996

Aggregate fluctuations with increasing returns to specialization and scale
Journal of Economic Dynamics and Control, 1996, 20, (4), 627-656 View citations (53)
Monopolistic Competition, Increasing Returns, and the Effects of Government Spending
Journal of Money, Credit and Banking, 1996, 28, (2), 233-54 View citations (58)
The exchange rate in a model of pricing-to-market
European Economic Review, 1996, 40, (3-5), 1007-1021 View citations (186)

1995

Money and the real exchange rate with sticky prices and increasing returns
Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 55-101 View citations (25)
The 'Expansionary Fiscal Contraction' Hypothesis: A Neo-Keynesian Analysis
Oxford Economic Papers, 1995, 47, (2), 249-64 View citations (13)
The Dynamic Effects of Government Spending Policies in a Two-Sector Endogenous Growth Model
Journal of Money, Credit and Banking, 1995, 27, (1), 232-56 View citations (14)
See also Working Paper (1993)

1994

International Risk Sharing and Economic Growth
International Economic Review, 1994, 35, (3), 535-50 View citations (91)
See also Working Paper (1991)
The Effects of Factor Taxation in a Two-Sector Model of Endogenous Growth
Canadian Journal of Economics, 1994, 27, (3), 509-36 View citations (41)
The Stability of Economic Integration and Endogenous Growth
The Quarterly Journal of Economics, 1994, 109, (1), 299-305 View citations (45)
See also Working Paper (1993)

1993

Monopolistic competition, technology shocks, and aggregate fluctuations
Economics Letters, 1993, 41, (1), 57-61 View citations (5)

1992

International Fiscal Policy Coordination and Economic Growth
International Economic Review, 1992, 33, (2), 249-68 View citations (17)
Macroeconomics, credibility, and politics: Torsten Persson and Guido Tabellini, (Harwood, Chur, Switzerland, 1990) pp. x + 187, $19.00
Journal of International Economics, 1992, 32, (1-2), 193-195
Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model
Journal of International Money and Finance, 1992, 11, (1), 3-16 View citations (61)
See also Working Paper (1990)

1991

Capital accumulation and the current account in a two-country model
Journal of International Economics, 1991, 30, (1-2), 1-25 View citations (28)
See also Working Paper (1989)
Government purchases and real interest rates with endogenous time preference
Economics Letters, 1991, 35, (2), 131-136 View citations (2)
See also Working Paper (1989)
The Terms of Trade and the International Coordination of Fiscal Policy
Economic Inquiry, 1991, 29, (4), 720-36 View citations (19)
The Trade-off between Precommitment and Flexibility in Trade Union Wage Setting
Oxford Economic Papers, 1991, 43, (4), 549-69 View citations (2)
Trade unions, non-binding wage agreements, and capital accumulation
European Economic Review, 1991, 35, (7), 1411-1426 View citations (23)
See also Working Paper (1989)

1990

Fiscal policy and the real exchange rate
European Economic Review, 1990, 34, (6), 1201-1211 View citations (11)
See also Working Paper (1984)
International Cooperation, Precommitment, and Welfare
International Economic Review, 1990, 31, (2), 439-56 View citations (5)

1989

A Positive Theory of Inflation and Inflation Variance
Economic Inquiry, 1989, 27, (1), 105-16 View citations (30)
International Co-ordination of Macroeconomic Policies: A Review
Canadian Public Policy, 1989, 15, (s1), 20-34
Profit-Sharing and Optimal Labour Contracts
Canadian Journal of Economics, 1989, 22, (2), 425-33 View citations (19)

1988

Non-traded Goods and the International Transmission of Fiscal Policy
Canadian Journal of Economics, 1988, 21, (2), 265-78 View citations (4)
The Optimal Mix of Wage Indexation and Foreign Exchange Market Intervention
Journal of Money, Credit and Banking, 1988, 20, (3), 381-92 View citations (4)
Trade Unions and the Choice of Capital Stock
Scandinavian Journal of Economics, 1988, 90, (1), 27-44 View citations (24)
See also Working Paper (1985)

1987

Fiscal spending, the terms of trade, and real interest rates
Journal of International Economics, 1987, 22, (3-4), 219-235 View citations (1)
The effect of monetary variability on welfare in a simple macroeconomic model
Journal of Monetary Economics, 1987, 19, (3), 427-435 View citations (10)

1986

Public investment and international policy coordination
Economics Letters, 1986, 22, (2-3), 299-302 View citations (2)

Chapters

2013

Inflation and financial globalisation
A chapter in Globalisation and inflation dynamics in Asia and the Pacific, 2013, vol. 70, pp 119-128

2011

Fiscal Deficits, Debt, and Monetary Policy in a Liquidity Trap
Chapter 10 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 369-410
See also Working Paper (2010)

2010

Financial deleveraging and the international transmission of shocks
A chapter in The international financial crisis and policy challenges in Asia and the Pacific, 2010, vol. 52, pp 274-298 View citations (8)

2009

Expectations, Monetary Policy, and the Misalignment of Traded Goods Prices
A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 131-157 View citations (2)

2001

The Optimal Choice of Exchange Rate Regime: Price-Setting Rules and Internationalized Production
A chapter in Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey, 2001, pp 163-194
See also Working Paper (2000)

1990

Investment, Financial Factors, and Cash Flow: Evidence from U.K. Panel Data
A chapter in Asymmetric Information, Corporate Finance, and Investment, 1990, pp 279-306 View citations (43)

1988

A Positive Theory of Fiscal Policy in Open Economies
A chapter in International Aspects of Fiscal Policies, 1988, pp 173-196
See also Working Paper (1986)