Details about Jeffrey Alexander Frankel

E-mail:
Homepage:	http://www.ksg.harvard.edu/fs/jfrankel
Postal address:	Kennedy School of Government Harvard University 79 JFK Street Cambridge MA 02138-5801
Workplace:	Center for Business and Government, Kennedy School of Government, Harvard University, (more information at EDIRC) Center for International Development, Kennedy School of Government, Harvard University, (more information at EDIRC) Kennedy School of Government, Harvard University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Jeffrey Alexander Frankel.

Last updated 2008-05-25. Update your information in the RePEc Author Service.

Short-id: pfr12

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Working Papers

2008

1. Estimation of De Facto Exchange Rate Regimes: Synthesis of the Techniques for Inferring Flexibility and Basket Weights
   NBER Working Papers, National Bureau of Economic Research, Inc
2. The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency
   NBER Working Papers, National Bureau of Economic Research, Inc

2007

3. Assessing China's Exchange Rate Regime
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
   See Also Journal Article in Economic Policy (2007)
4. Debt and Interest Rates: The U.S. and the Euro Area
   Economics Discussion Papers, Kiel Institute for the World Economy
5. Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality
   RES Working Papers, Inter-American Development Bank, Research Department
   Also in
   NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
6. On the Rand: Determinants of the South African Exchange Rate
   NBER Working Papers, National Bureau of Economic Research, Inc
   See Also Journal Article in South African Journal of Economics (2007)

2006

7. Country Funds and Asymmetric Information
   Center for International and Development Economics Research, Working Paper Series, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley View citations
   Also in
   Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1997) View citations
   International Finance, EconWPA (1998) View citations
   Policy Research Working Paper Series, The World Bank (1998) View citations
   See Also Journal Article in International Journal of Finance & Economics (2000)
8. The Effect of Monetary Policy on Real Commodity Prices
   NBER Working Papers, National Bureau of Economic Research, Inc
9. The Forward Market in Emerging Currencies: Less Biased Than in Major Currencies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2005

10. Contractionary Currency Crashes in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
11. On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
12. Slow Passthrough Around the World: A New Import for Developing Countries?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
13. Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2004

14. Managing Macroeconomic Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2003

15. Experience of and Lessons from Exchange Rate Regime in Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
16. The Environment and Globalization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
17. The Euro Area and World Interest Rates
    Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz View citations
    Also in
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2003) View citations

2002

18. Global Transmission of Interest Rates: Monetary Independence and Currency Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See Also Journal Article in Journal of International Money and Finance (2004)
19. Is Trade Good or Bad for the Environment? Sorting Out the Causality
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See Also Journal Article in The Review of Economics and Statistics (2005)

2001

20. The Role of Industrial Country Policies in Emerging Market Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2000

21. An Estimate of the Effect of Currency Unions on Trade and Output
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
22. Estimating the Effect of Currency Unions on Trade and Output
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
23. Global transmission of interest rates: monetary independence and the currency regime
    Policy Research Working Paper Series, The World Bank View citations
24. Globalization of the Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
25. Verifiability and the Vanishing Intermediate Exchange Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
26. Verifying exchange rate regimes
    Policy Research Working Paper Series, The World Bank View citations
    See Also Journal Article in Journal of Development Economics (2001)

1999

27. No Single Currency Regime is Right for All Countries or At All Times
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1998

28. Open Regionalism in a World of Continental Trade Blocs
    IMF Working Papers, International Monetary Fund View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations
    See Also Journal Article in IMF Staff Papers (1998)

1997

29. Economic Structure and the Decision to Adopt a Common Currency
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations
    Working Papers, Stockholm - International Economic Studies (1996) View citations

1996

30. ASEAN in a Regional Perspective
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1996) View citations
31. Country Fund Discounts, Asymmetric Information and the Mexican Crisis of 1994: Did Local Residents Turn Pessimistic Before International Investors?
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations
32. Country fund discounts and the Mexican crisis of December 1994: did local residents turn pessimistic before international investors?
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations
    See Also Journal Article in Open Economies Review (1996)
33. Crisis, contagion, and country funds: effects on East Asia and Latin America
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
    See Also Journal Article in Proceedings (1996)
34. Currency Crashes in Emerging Markets: Empirical Indicators
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations
35. Currency crashes in emerging markets: an empirical treatment
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations
    See Also Journal Article in Journal of International Economics (1996)
36. How Well do Foreign Exchange Markets Function: Might a Tobin Tax Help?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations
37. On the SDR: Reserve Currencies and the Future of the International Monetary System
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
38. Recent Exchange Rate Experience and Proposals for Reform
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    See Also Journal Article in American Economic Review (1996)
39. Regional Trading Arrangement: Natural or Super-Natural?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations
    See Also Journal Article in American Economic Review (1996)
40. The Endogeneity of the Optimum Currency Area Criteria
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations
    See Also Journal Article in Economic Journal (1998)
41. The World Over the Next Twenty-five Years: Global Trade Liberalization, and the Relative Growth of Different Regions
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley
42. Trade and Growth in East Asian Countries: Cause and Effect?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995)
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1995) View citations
43. Trade and Growth: An Empirical Investigation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1995

44. A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations
    See Also Journal Article in Journal of International Economics (1996)
45. A Proposal to Introduce the ECU First in the East
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley
46. A Survey of Empirical Research on Nominal Exchange Rates
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations
47. European Integration and the Regionalization of World Trade and Currencies: The Economics and the Politics
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
48. Is Japan Creating a Yen Bloc in East Asia and the Pacific?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations
49. Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
50. Liberalized Portfolio Capital Inflows in Emerging Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1995) View citations
    See Also Journal Article in International Journal of Finance & Economics (1996)
51. More survey data on exchange rate expectations: More currencies, more horizons, more tests
    International Finance, EconWPA View citations
52. The new regionalism and Asia: impact and options
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
53. The relative influence of US and Japan on real interest rates around the Pacific Rim
    International Finance, EconWPA
54. Who drives real interest rates around the Pacific Rim: the US or Japan?
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
    See Also Journal Article in Journal of International Money and Finance (1995)

1994

55. A Two-Country Analysis of International Targeting of Nominal GNP
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
56. APEC and other regional economic arrangements in the Pacific
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
57. Does Foreign Exchange Intervention Matter? Disentangling the Portfolio and Expectations Effects for the Mark
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in
    Economics Working Papers, University of California at Berkeley (1990) View citations
    See Also Journal Article in Proceedings (1991)
58. Monetary Regime Choices for a Semi-Open Country
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993)
59. Patterns in Exchange Rate Forecasts for 25 Currencies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations
60. Sterilization of Money Inflows: Difficult (Calvo) or Easy (Reisen)?
    IMF Working Papers, International Monetary Fund View citations
    Also in
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations
61. The European Monetary System: Credible at Last?
    NBER Working Papers, National Bureau of Economic Research, Inc
    See Also Journal Article in Oxford Economic Papers (1992)
62. The Internationalization of Equity Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
63. The Internationalization of Equity Markets: Introduction
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley
64. The Making of Exchange Rate Policy in the 1980s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Economics Working Papers, University of California at Berkeley (1991)
65. The welfare implications of continental trading blocs in a model with transport costs
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
66. Trading Blocs: The Natural, the Unnatural, and the Super-Natural
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations

1993

67. Continental Trading Blocs: Are They Natural, or Super-Natural?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
68. Emerging Currency Blocs
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations
69. Financial Links around the Pacific Rim: 1982-1992
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993) View citations
    See Also Journal Article in Proceedings (1992)
70. Foreign Exchange Policy, Monetary Policy and Capital Market Liberalization in Korea
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
71. Is There a Currency Bloc in the Pacific?
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    See Also Chapter (1993)
72. Recent Changes in the Financial Systems of Asian and Pacific Countries
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley
73. The Constrained Asset Share Estimation (CASE) Method: Testing Mean-Variance Efficiency of the U.S. Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Economics Working Papers, University of California at Berkeley (1990) View citations
74. Three Comments on Exchange Rate Stabilization and European Monetary Union
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley

1992

75. A Note on Internationally Coordinated Policy Packages Intended to be Robust Under Model Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc
76. Does Foreign Exchange Intervention Matter? Disentangling the Portfolio and Expectations Effects
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
77. Financial and Currency Integration in the European Monetary System: The Statistical Record
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
78. Liberalization of Korea's foreign exchange markets
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
79. The Evolving Japanese Financial System, and the Cost of Capital
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
80. Yen Bloc or Dollar Bloc: Exchange Rate Policies of the East Asian Economies
    Working Papers, University of Birmingham - International Financial Group View citations
    Also in
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations

1991

81. A Note on Internationally Coordinated Policy Packages Intended to Be Robust Under Model Uncertainty or Policy Cooperation Under Uncertainty: The Case for Some Disappointment
    Economics Working Papers, University of California at Berkeley
82. An Indicator of Future Inflation Extracted From the Steepness of the Interest Rate Yield Curve Along Its Entire Length
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in
    Research Paper, Federal Reserve Bank of New York (1991) View citations
    See Also Journal Article in The Quarterly Journal of Economics (1994)
83. Are Option-Implied Forecasts of Exchange Rate Volatility Excessively Variable?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
84. Chartists, Fundamentalists and the Demand for Dollars
    NBER Reprints, National Bureau of Economic Research, Inc View citations
85. Chartists, Fundamentalists, and Trading in the Foreign Exchange Market
    NBER Reprints, National Bureau of Economic Research, Inc View citations
    See Also Journal Article in American Economic Review (1990)
86. Convertibility and the Czech Crown
    Economics Working Papers, University of California at Berkeley
87. Exchange Rate Expectations and the Risk Premium: Tests For a Cross- Section of 17 Currencies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See Also Journal Article in Review of International Economics (1993)
88. Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market
    Economics Working Papers, University of California at Berkeley
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations
89. Japanese Finance: A Survey
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in
    Economics Working Papers, University of California at Berkeley (1990)
90. Obstacles to Coordination, and a Consideration of Two Proposals to Overcome Them
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
91. On the dollar and the yen
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations
92. Quantifying International Capital Mobility in the 1980s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
93. The Obstacles to Macroeconomic Policy Coordination in the 1990s and an Analysis of International Nominal Targeting (INT)
    Economics Working Papers, University of California at Berkeley
94. The Stabilizing Properties of a Nominal GNP Rule in an Open Economy
    Economics Working Papers, University of California at Berkeley
95. The cost of capital in Japan: a survey
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco

1990

96. And Now Won/Dollar Negotiations? Lessons From the Yen/Dollar Agreement of l984
    Economics Working Papers, University of California at Berkeley
97. International Nominal Targeting (INT): A Proposal for Overcoming Obstacles to Policy Coordination
    Economics Working Papers, University of California at Berkeley
    See Also Journal Article in Proceedings (1990)

1989

98. A MODEST PROPOSAL FOR INTERNATIONAL NOMINAL TARGETING (INT)
    Working Papers, Harvard - J.F. Kennedy School of Government View citations
99. Conditional Mean-Variance Efficiency of the U.S. Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in
    Research Paper, Federal Reserve Bank of New York (1989)
100. INTERNATIONAL CAPITAL MOBILITY AND EXCHANGE RATE VOLATILITY
     Working Papers, Harvard - J.F. Kennedy School of Government
     See Also Journal Article in Conference Series ; [Proceedings] (1988)
101. Interpreting Tests of Forward Discount Bias Using Survey Data on Exchange Rate Expectations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
102. Obstacles to International Macroeconomic Policy Coordination
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     Also in
     Economics Working Papers, University of California at Berkeley (1987)
103. The Flexible Exchange Rate System: Experience and Alternatives
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     Also in
     Economics Working Papers, University of California at Berkeley (1988) View citations

1988

104. Ambiguous Policy Multipliers in Theory and in Empirical Models
     NBER Reprints, National Bureau of Economic Research, Inc View citations
105. Are Exchange Rates Excessively Variable?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     Also in
     Economics Working Papers, University of California at Berkeley (1987) View citations
106. Factors Determining the Flow of Capital From Japan to the United States
     Economics Working Papers, University of California at Berkeley View citations
107. Forward Discount Bias: Is It an Exchange Risk Premium?
     Economics Working Papers, University of California at Berkeley
     See Also Journal Article in The Quarterly Journal of Economics (1989)
108. International Capital Flows and Domestic Economic Policies
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     Also in
     Economics Working Papers, University of California at Berkeley (1987) View citations
109. International Capital Mobility in Developing Countries vs. Industrial Countries: What do Saving-Investment Correlations Tell Us?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
110. International Macroeconomic Policy Coordination When Policy-Makers Disa gree on the Model
     NBER Working Papers, National Bureau of Economic Research, Inc
     Also in
     Economics Working Papers, University of California at Berkeley (1987) View citations
111. Political vs. Currency Premia in International Real Interest Differentials: A Study of Forward Rates for 24 Countries
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     Also in
     Economics Working Papers, University of California at Berkeley (1987)
     See Also Journal Article in European Economic Review (1988)
112. Recent Estimates of Time-Variation in the Conditional Variance and in the Exchange Risk Premium
     Economics Working Papers, University of California at Berkeley View citations
     Also in
     NBER Working Papers, National Bureau of Economic Research, Inc (1988) View citations
     See Also Journal Article in Journal of International Money and Finance (1988)
113. Short-term and Long-Term Expectations of the Yen/Dollar Exchange Rate: Evidence from Survey Data
     NBER Working Papers, National Bureau of Economic Research, Inc
     Also in
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1986) View citations
     See Also Journal Article in Journal of the Japanese and International Economies (1987)
114. The Desirability of a Dollar Appreciation, Given a Contractionary U.S. Monetary Policy
     NBER Working Papers, National Bureau of Economic Research, Inc
115. The Implications of Conflicting Models for Coordination between Monetary and Fiscal Policymakers
     NBER Reprints, National Bureau of Economic Research, Inc View citations

1987

116. A Relationship Between Regression Tests and Volatility Tests of Market ncy
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
117. Credibility, the Optimal Speed of Trade Liberalization, Real Interest Rates, and the Latin American Debt
     Economics Working Papers, University of California at Berkeley View citations
118. Monetary and Portfolio Balance Models of Exchange Rate Determination
     Economics Working Papers, University of California at Berkeley View citations
     Also in
     NBER Reprints, National Bureau of Economic Research, Inc (1983) View citations
119. Regression vs. Volatility Tests of the Efficiency of Foreign Exchange Markets
     Economics Working Papers, University of California at Berkeley View citations
     See Also Journal Article in Journal of International Money and Finance (1987)
120. The Dollar as an Irrational Speculative Bubble: A Tale of Fundamentalisists
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
121. The Impact of U.S. Economic Policies on a Commodity-Exporting Debtor: The Case of Thailand
     Economics Working Papers, University of California at Berkeley
122. The Sources of Disagreement Among International Macro Models, and Implications for Policy Coordination
     Economics Working Papers, University of California at Berkeley
     Also in
     NBER Working Papers, National Bureau of Economic Research, Inc (1986) View citations
123. Understanding the U.S. Dollar in the Eighties: The Expectations of Chartists and Fundamentalists
     NBER Reprints, National Bureau of Economic Research, Inc View citations
     See Also Journal Article in The Economic Record (1986)
124. Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations

1986

125. A Test of Portfolio Crowding-Out and Related Issues in Finance
     NBER Working Papers, National Bureau of Economic Research, Inc
126. Are Asset Demand Functions Determined by CAPM?
     NBER Working Papers, National Bureau of Economic Research, Inc
     Also in
     Research Program in Finance Working Papers, University of California at Berkeley (1983) View citations
127. Commodity Prices, Overshooting, Money Surprises, and Fed Credibility
     NBER Working Papers, National Bureau of Economic Research, Inc
128. Explaining the Demand for Dollars: International Rates of Return and the Expectations of Chartists and Fundamentalists
     Economics Working Papers, University of California at Berkeley View citations
129. International Capital Mobility and Crowding Out in the U.S. Economy: Imperfect Integration of Financial Markets or of Goods Markets?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     See Also Journal Article in Proceedings (1985)
130. The Desirability of a Currency Depreciation, Given a Contractionary Monetary Policy and Concave Supply Relationships
     Economics Working Papers, University of California at Berkeley
131. The Implications of Mean-Variance Optimization for Four Questions in International Macroeconomics
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     See Also Journal Article in Journal of International Money and Finance (1986)
132. Three Essays Using Survey Data on Exchange Rate Expectations
     Economics Working Papers, University of California at Berkeley
133. Using Survey Data to Explain Standard Propositions Regarding Exchange Rate Expectations
     Economics Working Papers, University of California at Berkeley

1985

134. Do Asset-Demand Functions Optimize over the Mean and Variance of Real Returns? A Six-Currency Test
     NBER Working Papers, National Bureau of Economic Research, Inc
     See Also Journal Article in Journal of International Economics (1984)

1984

135. Why Money Announcements Move Interest Rates: An Answer from the Foreign Exchange Market
     NBER Working Papers, National Bureau of Economic Research, Inc View citations
     See Also Journal Article in Proceedings (1982)

1983

136. The Mystery of the Multiplying Marks: A Modification of the Monetary Model
     NBER Reprints, National Bureau of Economic Research, Inc
     See Also Journal Article in The Review of Economics and Statistics (1982)

1981

137. Estimation of portfolio-balance functions that are mean-variance optimizing: the mark and the dollar
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
     See Also Journal Article in European Economic Review (1983)

1979

138. A technique for extracting a measure of expected inflation from the interest rate term structure
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)
     See Also Journal Article in The Review of Economics and Statistics (1982)
139. A test of the existence of the risk premium in the foreign exchange market vs. the hypothesis of perfect substitutability
     International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)

Journal Articles

2007

1. Assessing China's exchange rate regime
   Economic Policy, 2007, 22, 575-627 View citations
   See Also Working Paper (2007)
2. ON THE RAND: DETERMINANTS OF THE SOUTH AFRICAN EXCHANGE RATE
   South African Journal of Economics, 2007, 75, (3), 425-441
   See Also Working Paper (2007)

2006

3. Could the twin deficits jeopardize US hegemony?
   Journal of Policy Modeling, 2006, 28, (6), 653-663
4. On the Yuan: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate
   CESifo Economic Studies, 2006, 52, (2), 246-275 View citations

2005

5. Is Trade Good or Bad for the Environment? Sorting Out the Causality
   The Review of Economics and Statistics, 2005, 87, (1), 85-91 View citations
   See Also Working Paper (2002)
6. Peg the export price index: A proposed monetary regime for small countries
   Journal of Policy Modeling, 2005, 27, (4), 495-508 View citations
7. Preface
   Journal of the European Economic Association, 2005, 3, (5), 967-967
   Also in
   Journal of the European Economic Association, 2003, 1, (5), iii-iii (2003)

2004

8. Global transmission of interest rates: monetary independence and currency regime
   Journal of International Money and Finance, 2004, 23, (5), 701-733 View citations
   See Also Working Paper (2002)

2003

9. A Proposed Monetary Regime for Small Commodity Exporters: Peg the Export Price ('PEP')
   International Finance, 2003, 6, (1), 61-88 View citations
10. What an Economic Adviser Can Do When He Disagrees with the President
    Challenge, 2003, 46, (3), 29-52 View citations

2002

11. An Estimate Of The Effect Of Common Currencies On Trade And Income
    The Quarterly Journal of Economics, 2002, 117, (2), 437-466 View citations

2001

12. Verifying exchange rate regimes
    Journal of Development Economics, 2001, 66, (2), 351-386 View citations
    See Also Working Paper (2000)

2000

13. Country Funds and Asymmetric Information
    International Journal of Finance & Economics, 2000, 5, (3), 177-95 View citations
    See Also Working Paper (2006)

1999

14. Does Trade Cause Growth?
    American Economic Review, 1999, 89, (3), 379-399 View citations

1998

15. Open Regionalism in a World of Continental Trade Blocs
    IMF Staff Papers, 1998, 45, (3), 2 View citations
    See Also Working Paper (1998)
16. The Endogeneity of the Optimum Currency Area Criteria
    Economic Journal, 1998, 108, (449), 1009-25 View citations
    See Also Working Paper (1996)

1997

17. Editorial note
    European Economic Review, 1997, 41, (6), iii-iii
18. Is EMU more justifiable ex post than ex ante?
    European Economic Review, 1997, 41, (3-5), 753-760 View citations

1996

19. A panel project on purchasing power parity: Mean reversion within and between countries
    Journal of International Economics, 1996, 40, (1-2), 209-224 View citations
    See Also Working Paper (1995)
20. Can regional blocs be a stepping stone to global free trade? a political economy analysis
    International Review of Economics & Finance, 1996, 5, (4), 339-347 View citations
21. Country fund discounts and the mexican crisis of December 1994: Did local residents turn pessimistic before international investors?
    Open Economies Review, 1996, 7, (1), 511-534 View citations
    See Also Working Paper (1996)
22. Crisis, contagion, and country funds: effects on East Asia and Latin America
    Proceedings, 1996, 232-266 View citations
    See Also Working Paper (1996)
23. Currency crashes in emerging markets: An empirical treatment
    Journal of International Economics, 1996, 41, (3-4), 351-366 View citations
    See Also Working Paper (1996)
24. Editorial note
    European Economic Review, 1996, 40, (2), iii-iii
25. Liberalized Portfolio Capital Inflows in Emerging Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
    International Journal of Finance & Economics, 1996, 1, (1), 1-23 View citations
    See Also Working Paper (1995)
26. Recent Exchange-Rate Experience and Proposals for Reform
    American Economic Review, 1996, 86, (2), 153-58 View citations
    See Also Working Paper (1996)
27. Regional Trading Arrangements: Natural or Supernatural
    American Economic Review, 1996, 86, (2), 52-56 View citations
    See Also Working Paper (1996)

1995

28. Economic regionalism: Evidence from two 20th century episodes
    The North American Journal of Economics and Finance, 1995, 6, (2), 89-106
29. Editorial note
    European Economic Review, 1995, 39, (5), 959-959 View citations
30. Tests of conditional mean-variance efficiency of the U.S. stock market
    Journal of Empirical Finance, 1995, 2, (1), 3-18
31. The Stabilizing Properties of a Nominal GNP Rule
    Journal of Money, Credit and Banking, 1995, 27, (2), 318-34 View citations
32. Trading blocs and the Americas: The natural, the unnatural, and the super-natural
    Journal of Development Economics, 1995, 47, (1), 61-95 View citations
33. Who drives real interest rates around the Pacific Rim: the USA or Japan?
    Journal of International Money and Finance, 1995, 14, (6), 801-821 View citations
    See Also Working Paper (1995)

1994

34. A "Greater China" trade Bloc?
    China Economic Review, 1994, 5, (2), 179-190 View citations
35. An Indicator of Future Inflation Extracted from the Steepness of the Interest Rate Yield Curve along Its Entire Length
    The Quarterly Journal of Economics, 1994, 109, (2), 517-30 View citations
    See Also Working Paper (1991)
36. Patterns in Exchange Rate Forecasts for Twenty-five Currencies
    Journal of Money, Credit and Banking, 1994, 26, (4), 759-70 View citations

1993

37. A Pacific economic bloc: is there such an animal?
    FRBSF Economic Letter, 1993, (Nov 12)
38. Does Foreign-Exchange Intervention Matter? The Portfolio Effect
    American Economic Review, 1993, 83, (5), 1356-69 View citations
39. Exchange Rate Expectations and the Risk Premium: Tests for a Cross Section of 17 Currencies
    Review of International Economics, 1993, 1, (2), 136-44 View citations
    See Also Working Paper (1991)

1992

40. Financial links around the Pacific Rim, 1982-1992
    Proceedings, 1992, (Sep)
    Also in
    Proceedings, 1992, 17-47 (1992)
    See Also Working Paper (1993)
41. International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model: Reply
    American Economic Review, 1992, 82, (4), 1052-56
42. Measuring International Capital Mobility: A Review
    American Economic Review, 1992, 82, (2), 197-202 View citations
43. The European Monetary System: Credible at Last?
    Oxford Economic Papers, 1992, 44, (4), 791-816 View citations
    See Also Working Paper (1994)

1991

44. Does foreign exchange intervention matter? disentangling the portfolio and expectations effects for the mark
    Proceedings, 1991, (Nov) View citations
    See Also Working Paper (1994)
45. The Japanese Cost of Finance: A Survey
    Financial Management, 1991, 20, (1)

1990

46. Chartists, Fundamentalists, and Trading in the Foreign Exchange Market
    American Economic Review, 1990, 80, (2), 181-85 View citations
    See Also Working Paper (1991)
47. International nominal targeting (INT): a proposal for overcoming obstacles to policy coordination
    Proceedings, 1990, (Nov)
    See Also Working Paper (1990)

1989

48. Empirical modeling of exchange rate dynamics: Francis Diebold, Lecture notes in economics and mathematical systems no. 303 (Springer-Verlag, Berlin, 1988) pp. 143, $19.40
    Journal of International Economics, 1989, 27, (1-2), 185-189
49. Forward Discount Bias: Is It an Exchange Risk Premium?
    The Quarterly Journal of Economics, 1989, 104, (1), 139-61 View citations
    See Also Working Paper (1988)

1988

50. International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model
    American Economic Review, 1988, 78, (3), 318-40 View citations
51. International capital mobility and exchange rate volatility
    Conference Series ; [Proceedings], 1988, 162-194
    See Also Working Paper (1989)
52. International nominal targeting: a proposal for policy coordination
    Conference Series ; [Proceedings], 1988, 234-239
53. Political vs. currency premia in international real interest differentials: A study of forward rates for 24 countries
    European Economic Review, 1988, 32, (5), 1083-1114 View citations
    See Also Working Paper (1988)
54. Recent estimates of time-variation in the conditional variance and in the exchange risk premium
    Journal of International Money and Finance, 1988, 7, (1), 115-125 View citations
    See Also Working Paper (1988)

1987

55. Regression vs. volatility tests of the efficiency of foreign exchange markets
    Journal of International Money and Finance, 1987, 6, (1), 49-56 View citations
    See Also Working Paper (1987)
56. Short-term and long-term expectations of the yen/dollar exchange rate: Evidence from survey data
    Journal of the Japanese and International Economies, 1987, 1, (3), 249-274 View citations
    See Also Working Paper (1988)
57. Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations
    American Economic Review, 1987, 77, (1), 133-53 View citations
58. no chargePaul Boothe, Kevin Clinton, Agathe Cote and David Longworth, International Asset Substitutability: Theory and Evidence for Canada, The Bank of Canada, Oxford (1985), p. iii+132
    Journal of International Economics, 1987, 22, (3-4), 385-387

1986

59. The implications of mean-variance optimization for four questions in international macroeconomics
    Journal of International Money and Finance, 1986, 5, (1), S53-S75 View citations
    See Also Working Paper (1986)
60. Understanding the U.S. Dollar in the Eighties: The Expectations of Chartists and Fundamentalists
    The Economic Record, 1986, 24-38 View citations
    See Also Working Paper (1987)

1985

61. 'Monetary targets, real exchange rates and macroeconomic stability' by Alessandro Penati
    European Economic Review, 1985, 28, (1-2), 151-152
62. Commodity Prices, Money Surprises and Fed Credibility
    Journal of Money, Credit and Banking, 1985, 17, (4), 425-38 View citations
63. International capital mobility and crowding-out in the U.S. economy: imperfect integration of financial markets or of goods markets?
    Proceedings, 1985, 33-74 View citations
    See Also Working Paper (1986)
64. Portfolio Crowding-out, Empirically Estimated
    The Quarterly Journal of Economics, 1985, 100, (5), 1041-65 View citations

1984

65. Do asset-demand functions optimize over the mean and variance of real returns? A six-currency test
    Journal of International Economics, 1984, 17, (3-4), 309-323 View citations
    See Also Working Paper (1985)
66. The Theory of Trade in Middle Products: An Extension
    American Economic Review, 1984, 74, (3), 485-87 View citations
67. The secular inflation term in open-economy Phillips curves
    European Economic Review, 1984, 24, (2), 161-164 View citations

1983

68. Estimation of portfolio-balance functions that are mean-variance optimizing: The mark and the dollar
    European Economic Review, 1983, 23, (3), 315-327 View citations
    See Also Working Paper (1981)
69. The effect of excessively elastic expectations on exchange-rate volatility in the Dornbusch overshooting model
    Journal of International Money and Finance, 1983, 2, (1), 39-46

1982

70. A Technique for Extracting a Measure of Expected Inflation from the Interest Rate Term Structure
    The Review of Economics and Statistics, 1982, 64, (1), 135-42 View citations
    See Also Working Paper (1979)
71. In search of the exchange risk premium: A six-currency test assuming mean-variance optimization
    Journal of International Money and Finance, 1982, 1, 255-274 View citations
72. The Mystery of the Multiplying Marks: A Modification of the Monetary Model
    The Review of Economics and Statistics, 1982, 64, (3), 515-19 View citations
    See Also Working Paper (1983)
73. Why money announcements move interest rates: an answer from the foreign exchange market
    Proceedings, 1982, (Nov), 1-36 View citations
    See Also Working Paper (1984)

1981

74. On the Mark: Reply [On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differential]
    American Economic Review, 1981, 71, (5), 1075-82

1979

75. On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials
    American Economic Review, 1979, 69, (4), 610-22 View citations
76. The diversifiability of exchange risk
    Journal of International Economics, 1979, 9, (3), 379-393 View citations

Chapters

1995

1. Empirical research on nominal exchange rates
   Chapter 33 in Handbook of International Economics, 1995, vol. 3, pp 1689-1729 View citations

1993

2. Is there a Currency Bloc in the Pacific?
   A chapter in The Exchange Rate, International Trade and the Balance of Payments, 1993 View citations
   See Also Working Paper (1993)