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Details about Jeffrey Alexander Frankel
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Homepage: http://www.ksg.harvard.edu/fs/jfrankel
Postal address: Kennedy School of Government, Harvard University 79 JFK Street Cambridge MA 02138-5801
Workplace: Mossavar-Rahmani 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 2013-06-03. Update your information in the RePEc Author Service .
Short-id: pfr12
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Journal Articles Books Edited books Chapters
Working Papers
2012
On Graduation from Fiscal Procyclicality
Working Paper Series, Harvard University, John F. Kennedy School of Government
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (6)
See also Journal Article in Journal of Development Economics (2013)
Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (1)
Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets
Working Paper Series, Harvard University, John F. Kennedy School of Government
The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
What Small Countries Can Teach the World
Working Paper Series, Harvard University, John F. Kennedy School of Government
See also Journal Article in Business Economics (2012)
2011
A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America
Working Paper Series, Harvard University, John F. Kennedy School of Government
Also in Scholarly Articles, Harvard Kennedy School of Government (2011)
See also Journal Article in Journal of LACEA Economia (2011)
A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries
Scholarly Articles, Harvard Kennedy School of Government
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2011)
See also Journal Article in Comparative Economic Studies (2011)
A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
Also in Working Papers Central Bank of Chile, Central Bank of Chile (2011) View citations (5)
See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2011)
A Solution to Overoptimistic Forecasts and Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
Also in Scholarly Articles, Harvard Kennedy School of Government (2011)
Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis
Working Paper Series, Harvard University, John F. Kennedy School of Government
Also in Scholarly Articles, Harvard Kennedy School of Government (2011)
See also Journal Article in Journal of International Economics (2012)
How Can Commodity Exporters Make Fiscal and Monetary Policy Less Procyclical?
Working Paper Series, Harvard University, John F. Kennedy School of Government
Also in Scholarly Articles, Harvard Kennedy School of Government (2011)
Monetary Policy in Emerging Markets: A Survey
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
Also in Scholarly Articles, Harvard Kennedy School of Government (2011) NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (8)
Over-optimism in Forecasts by Official Budget Agencies and Its Implications
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
See also Journal Article in Oxford Review of Economic Policy (2011)
Politically Feasible Emission Target Formulas to Attain 460 ppm CO2 Concentrations
Scholarly Articles, Harvard Kennedy School of Government
Politically Feasible Emission Target Formulas to Attain 460 ppm CO[subscript 2] Concentrations
Working Paper Series, Harvard University, John F. Kennedy School of Government
Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun
Working Papers, Fondazione Eni Enrico Mattei
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011)
Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun Abstract: We offer a framework to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming budget period, the same period in which the US first agrees to cuts below BAU; and (ii) all countries are asked in the future to make further cuts in accordance with a common numerical formula to all. The formula is expressed as the sum of a Progressive Reductions Factor, a Latecomer Catch-up Factor, and a Gradual Equalization Factor. This paper builds on our previous work in many ways. First we update targets to reflect pledges made by governments after the Copenhagen Accord of December 2010 and confirmed at the Cancun meeting of December 2011. Second, the WITCH model, which we use to project economic and environmental effects of any given set of emission targets, has been refined and updated to reflect economic and technological developments. We include the possibility of emissions reduction from bio energy (BE), carbon capture and storage (CCS), and avoided deforestation and forest degradation (REDD+) which is an important component of pledges in several developing countries. Third, we use a Nash criterion for evaluating whether a country’s costs are too high to sustain cooperation
Human Development Research Papers (2009 to present), Human Development Report Office (HDRO), United Nations Development Programme (UNDP)
2010
A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Are Bilateral Remittances Countercyclical?
Scholarly Articles, Harvard Kennedy School of Government
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (1)Working Paper Series, Harvard University, John F. Kennedy School of Government (2010)
See also Journal Article in Open Economies Review (2011)
Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (39)
Determinants of Agricultural and Mineral Commodity Prices
Working Paper Series, Harvard University, John F. Kennedy School of Government
Also in Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (3)
See also Chapter (2010)
Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes
Scholarly Articles, Harvard Kennedy School of Government View citations (5)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Working Paper Series, Harvard University, John F. Kennedy School of Government (2010) View citations (5)Working Paper Series, Peterson Institute for International Economics (2010) View citations (5)
See also Journal Article in American Economic Review (2010)
Mauritius: African Success Story
NBER Working Papers, National Bureau of Economic Research, Inc
Also in Scholarly Articles, Harvard Kennedy School of Government (2010) Working Paper Series, Harvard University, John F. Kennedy School of Government (2010)
The Natural Resource Curse: A Survey
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (11)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (11)Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (11)
2009
An Elaborated Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades
NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
Environmental Effects of International Trade
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
Also in Scholarly Articles, Harvard Kennedy School of Government (2009) View citations (1)
Global Climate Policy Architecture and Political Feasibility: Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
Working Papers, Fondazione Eni Enrico Mattei View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (4)
New Estimation of China's Exchange Rate Regime
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2008)
See also Journal Article in Pacific Economic Review (2009)
On Global Currencies
Scholarly Articles, Harvard Kennedy School of Government
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2009)
The Estimated Trade Effects of the Euro: Why Are They Below Those From Historical Monetary Unions Among Smaller Countries?
Europe in Question Discussion Paper Series of the London School of Economics (LEQs), London School of Economics / European Institute
See also Chapter (2010)
The Forward Market in Emerging Currencies: Less Biased Than in Major Currencies
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
Also in Scholarly Articles, Harvard Kennedy School of Government (2009) View citations (1)NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (10)
See also Journal Article in Journal of International Money and Finance (2010)
2008
Estimation of De Facto Exchange Rate Regimes: Synthesis of The Techniques for Inferring Flexibility and Basket Weights
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (8)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (10)
See also Journal Article in IMF Staff Papers (2008)
Global Environmental Policy and Global Trade Policy
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
Should Eastern European Countries Join the Euro? A Review and Update of Trade Estimates and Consideration of Endogenous OCA Criteria
Working Paper Series, Harvard University, John F. Kennedy School of Government
Snake-Oil Tax Cuts
Working Paper Series, Harvard University, John F. Kennedy School of Government
The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (4)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (4)
The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2008) View citations (7)
2007
Assessing China's Exchange Rate Regime
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (3)
See also Journal Article in Economic Policy (2007)
Debt and Interest Rates: The U.S. and the Euro Area
Economics Discussion Papers, Kiel Institute for the World Economy View citations (2)
Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality
Research Department Publications, Inter-American Development Bank, Research Department View citations (6)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2004) View citations (66)NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (83)
See also Journal Article in Journal of International Money and Finance (2008)
Formulas for Quantitative Emission Targets
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (5)
On the Rand: Determinants of the South African Exchange Rate
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (8)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (8)
See also Journal Article in South African Journal of Economics (2007)
Responding to Financial Crises
Working Paper Series, Harvard University, John F. Kennedy School of Government
South Africa: Macroeconomic Challenges after a Decade of Success
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
See also Journal Article in The Economics of Transition (2008)
2006
Global Imbalances and Low Interest Rates: An Equilibrium Model vs. A Disequilibrium Reality
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (4)
The Effect of Monetary Policy on Real Commodity Prices
NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
See also Chapter (2008)
Will the Euro Eventually Surpass the Dollar As Leading International Reserve Currency?
Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz View citations (5)
Also in Center for Global, International and Regional Studies, Working Paper Series, Center for Global, International and Regional Studies, UC Santa Cruz (2005) View citations (28)NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (35)Working Paper Series, Harvard University, John F. Kennedy School of Government (2005) View citations (24)Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz (2006) View citations (5)
See also Chapter (2007)
2005
Contractionary Currency Crashes In Developing Countries
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (36)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (49)
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 (22)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2004) View citations (1)
Slow Passthrough Around the World: A New Import for Developing Countries?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (56)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2005) View citations (53)
See also Journal Article in Open Economies Review (2012)
2004
Kyoto and Geneva: Linkage of the Climate Change Regime and the Trade Regime
Working Paper Series, Harvard University, John F. Kennedy School of Government
Managing Macroeconomic Crises
NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining EMU
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (8)
2003
A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ("PEP")
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (4)
See also Journal Article in International Finance (2003)
Experience of and Lessons from Exchange Rate Regime in Emerging Economies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2003) View citations (27)
Is Trade Good or Bad for the Environment? Sorting Out the Causality
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (17)
See also Journal Article in The Review of Economics and Statistics (2005)
National Institutions and the Role of the IMF
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
The Environment and Globalization
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
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 (15)
Also in Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2003) View citations (15)Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2003) View citations (15)
2002
Global Transmission of Interest Rates: Monetary Independence and Currency Regime
NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
See also Journal Article in Journal of International Money and Finance (2004)
The Role of Industrial Country Policies in Emerging Market Crises
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (16)
2001
American Economic Policy in the 1990's
Working Paper Series, Harvard University, John F. Kennedy School of Government
An Estimate of the Effect of Common Currencies on Trade and Income
Working Paper Series, Harvard University, John F. Kennedy School of Government
See also Journal Article in The Quarterly Journal of Economics (2002)
Assessing the Efficiency Gains from Further Liberalization
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
2000
An Estimate of the Effect of Currency Unions on Trade and Output
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (35)
Estimating the Effect of Currency Unions on Trade and Output
NBER Working Papers, National Bureau of Economic Research, Inc View citations (65)
Global transmission of interest rates: monetary independence and the currency regime
Policy Research Working Paper Series, The World Bank View citations (18)
Globalization of the Economy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
Verifiability and the Vanishing Intermediate Exchange Rate Regime
NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
Verifying exchange rate regimes
Policy Research Working Paper Series, The World Bank View citations (8)
See also Journal Article in Journal of Development Economics (2001)
1999
No Single Currency Regime is Right for All Countries or At All Times
NBER Working Papers, National Bureau of Economic Research, Inc View citations (190)
1998
Country Funds and Asymmetric Information
International Finance, EconWPA View citations (11)
Also in 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 (1997) View citations (2)Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1997) View citations (9)Policy Research Working Paper Series, The World Bank (1998) View citations (6)
See also Journal Article in International Journal of Finance & Economics (2000)
Open Regionalism in a World of Continental Trade Blocs
IMF Working Papers, International Monetary Fund View citations (15)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (8)
See also Journal Article in IMF Staff Papers (1998)
1997
Economic Structure and the Decision to Adopt a Common Currency
Seminar Papers, Stockholm University, Institute for International Economic Studies View citations (2)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations (15)Working Papers, Stockholm - International Economic Studies (1996) View citations (15)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 (1996) View citations (12)
1996
ASEAN in a Regional Perspective
Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (16)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1996) View citations (19)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 (1996) View citations (18)
Country Fund Discounts, Asymmetric Information and the Mexican Crisis of 1994: Did Local Residents Turn Pessimistic Before International Investors?
Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (11)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (5)
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 (8)
See also Journal Article in Open Economies Review (1996)
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 (8)
See also Journal Article in Proceedings (1996)
Currency Crashes in Emerging Markets: Empirical Indicators
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (61)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations (43)NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (68)
Currency crashes in emerging markets: an empirical treatment
International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (467)
See also Journal Article in Journal of International Economics (1996)
How Well do Foreign Exchange Markets Function: Might a Tobin Tax Help?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations (6)
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 (16)
REcent Exchange Rate Experience and Proposals for Reform
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 (7)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations (2)
See also Journal Article in American Economic Review (1996)
Regional Trading Arrangement: Natural or Super-Natural?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations (31)
See also Journal Article in American Economic Review (1996)
Regional Trading Arrangements
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 (22)
The Endogeneity of the Optimum Currency Area Criteria
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (75)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (174)
See also Journal Article in Economic Journal (1998)
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
Trade and Growth in East Asian Countries: Cause and Effect?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1995) View citations (1)Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations (1)
Trade and Growth: An Empirical Investigation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
1995
A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries
NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (45)Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1995) View citations (33)
See also Journal Article in Journal of International Economics (1996)
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
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 (83)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1994) View citations (21)
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 (9)
Is Japan Creating a Yen Bloc in East Asia and the Pacific?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations (45)Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations (14)
See also Chapter (1993)
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 (4)
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 (8)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1995) View citations (7)
See also Journal Article in International Journal of Finance & Economics (1996)
More survey data on exchange rate expectations: More currencies, more horizons, more tests
International Finance, EconWPA View citations (4)
The new regionalism and Asia: impact and options
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (5)
The relative influence of US and Japan on real interest rates around the Pacific Rim
International Finance, EconWPA View citations (1)
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 (19)
See also Journal Article in Journal of International Money and Finance (1995)
1994
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 (1)
APEC and other regional economic arrangements in the Pacific
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
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 (3)Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1990) View citations (6)
See also Journal Article in Proceedings (1991)
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 (5)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993)
Patterns in Exchange Rate Forecasts for 25 Currencies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations (4)
Sterilization of Money Inflows: Difficult (Calvo) or Easy (Reisen)?
IMF Working Papers, International Monetary Fund View citations (13)
Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1993) View citations (2)
See also Journal Article in Estudios de Economia (1997)
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)
The Internationalization of Equity Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
See also Book (1994)
The Internationalization of Equity Markets: Introduction
Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (3)
The Making of Exchange Rate Policy in the 1980s
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1991) Economics Working Papers, University of California at Berkeley (1991)
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 (4)
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 (4)
1993
Continental Trading Blocs: Are They Natural, or Super-Natural?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
See also Chapter (1998)
Emerging Currency Blocs
Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (20)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (25)
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 (4)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993)
See also Journal Article in Proceedings (1992)
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 (5)
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 (9)
See also Chapter (1993)
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
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 (3)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1990) Economics Working Papers, University of California at Berkeley (1990) View citations (1)
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
A Note on Internationally Coordinated Policy Packages Intended to be Robust Under Model Uncertainty
NBER Working Papers, National Bureau of Economic Research, Inc
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 (5)
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 (3)
Liberalization of Korea's foreign exchange markets
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)
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 (2)
Yen Bloc or Dollar Bloc: Exchange Rate Policies of the East Asian Economies
Working Papers, University of Birmingham - International Financial Group View citations (57)
Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations (6)
See also Chapter (1994)
1991
A Note on Internationally Coordinated Policy Packages Intended to Be Robust Under Model Uncertainty or Policy Cooperation Under Uncertainty: The Case for Some Disappointment
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1991)
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 View citations (2)
Also in Research Paper, Federal Reserve Bank of New York (1991) View citations (3)
See also Journal Article in The Quarterly Journal of Economics (1994)
Are Option-Implied Forecasts of Exchange Rate Volatility Excessively Variable?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
Convertability and the Czech Crown
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1991)
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 (2)
See also Journal Article in Review of International Economics (1993)
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 (23)
Exchange Rate Forecasting Techniques, Survey Data, and the Implications for the Foreign Exchange Market
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Japanese Finance: A Survey
NBER Working Papers, National Bureau of Economic Research, Inc
Also in Economics Working Papers, University of California at Berkeley (1990)Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1990)
Obstacles to Coordination, and a Consideration of Two Proposals to Overcome Them
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
On the dollar and the yen
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
Quantifying International Capital Mobility in the 1980s
NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1989) View citations (7)
See also Chapter (1991)
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 View citations (1)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1991) View citations (1)
The Stabilizing Properties of a Nominal GNP Rule in an Open Economy
Economics Working Papers, University of California at Berkeley View citations (6)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1991)
The cost of capital in Japan: a survey
Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
1990
And Now Won/Dollar Negotiations? Lessons From the Yen/Dollar Agreement of l984
Economics Working Papers, University of California at Berkeley
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1990)
International Nominal Targeting (INT): A Proposal for Overcoming Obstacles to Policy Coordination
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1990)
See also Journal Article in Proceedings (1990)
1989
A MODEST PROPOSAL FOR INTERNATIONAL NOMINAL TARGETING (INT)
Working Papers, Harvard - J.F. Kennedy School of Government View citations (2)
Conditional Mean-Variance Efficiency of the U.S. Stock Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
Also in Research Paper, Federal Reserve Bank of New York (1989)
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)
Interpreting Tests of Forward Discount Bias Using Survey Data on Exchange Rate Expectations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
Obstacles to International Macroeconomic Policy Coordination
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
Also in Economics Working Papers, University of California at Berkeley (1987) View citations (1)Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) View citations (1)
The Flexible Exchange Rate System: Experience and Alternatives
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1988) View citations (7)Economics Working Papers, University of California at Berkeley (1988) View citations (11)
1988
Are Exchange Rates Excessively Variable?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) View citations (27)Economics Working Papers, University of California at Berkeley (1987) View citations (31)
See also Chapter (1987)
Factors Determining the Flow of Capital From Japan to the United States
Economics Working Papers, University of California at Berkeley View citations (2)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1988) View citations (1)
Forward Discount Bias: Is It an Exchange Risk Premium?
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1988)
See also Journal Article in The Quarterly Journal of Economics (1989)
International Capital Flows and Domestic Economic Policies
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) View citations (1)Economics Working Papers, University of California at Berkeley (1987) View citations (3)
See also Chapter (1988)
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 (5)
International Macroeconomic Policy Coordination When Policy-Makers Disagree 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 (2)Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987)
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 (17)
Also in Economics Working Papers, University of California at Berkeley (1987)
See also Journal Article in European Economic Review (1988)
Recent Estimates of Time-Variation in the Conditional Variance and in the Exchange Risk Premium
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
Also in Economics Working Papers, University of California at Berkeley (1988) View citations (5)
See also Journal Article in Journal of International Money and Finance (1988)
Recent Estimates of the Time-Variation in the Conditional Variance and in the Exchange Risk Premium
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (12)
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 (8)
See also Journal Article in Journal of the Japanese and International Economies (1987)
The Desirability of a Dollar Appreciation, Given a Contractionary U.S. Monetary Policy
NBER Working Papers, National Bureau of Economic Research, Inc
1987
A Relationship Between Regression Tests and Volatility Tests of Market ncy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
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 (3)
Monetary and Portfolio Balance Models of Exchange Rate Determination
Economics Working Papers, University of California at Berkeley View citations (13)
Political vs. Currency Premia in International Real Estate Differentials: A Study of Forward Rates for 24 Countries
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Regression vs. Volatility Tests of the Efficiency of Foreign Exchange Markets
Economics Working Papers, University of California at Berkeley View citations (1)
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) View citations (1)
See also Journal Article in Journal of International Money and Finance (1987)
The Dollar as an Irrational Speculative Bubble: A Tale of Fundamentalisists
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
The Impact of U.S. Economic Policies on a Commodity-Exporting Debtor: The Case of Thailand
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1987)
The Sources of Disagreement Among International Macro Models, and Implications for Policy Coordination
Economics Working Papers, University of California at Berkeley
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) NBER Working Papers, National Bureau of Economic Research, Inc (1986) View citations (1)
Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations
NBER Working Papers, National Bureau of Economic Research, Inc View citations (209)
exchange rate determination, asset market approach
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
1986
A Test of Portfolio Crowding-Out and Related Issues in Finance
NBER Working Papers, National Bureau of Economic Research, Inc
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 (1)
Commodity Prices, Overshooting, Money Surprises, and Fed Credibility
NBER Working Papers, National Bureau of Economic Research, Inc
Explaining the Demand for Dollars: International Rates of Return and the Expectations of Chartists and Fundamentalists
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
Also in Economics Working Papers, University of California at Berkeley (1986) View citations (2)
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 (34)
See also Journal Article in Proceedings (1985)
The Desirability of a Currency Depreciation, Given a Contractionary Monetary Policy and Concave Supply Relationships
Economics Working Papers, University of California at Berkeley
The Desirability of a Currency Depreciation, Given a Contradictory Monetary Policy and the Concave Supply Relationships
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley
The Implications of Mean-Variance Optimization for Four Questions in International Macroeconomics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
See also Journal Article in Journal of International Money and Finance (1986)
Three Essays Using Survey Data on Exchange Rate Expectations
Economics Working Papers, University of California at Berkeley
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1986)
Using Survey Data to Explain Standard Propositions Regarding Exchange Rate Expectations
Economics Working Papers, University of California at Berkeley
Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1986)
Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations
Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (1)
See also Journal Article in American Economic Review (1987)
1985
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
Why Money Announcements Move Interest Rates: An Answer from the Foreign Exchange Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in Proceedings (1982)
1981
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
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)
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.) View citations (1)
Journal Articles
2013
On graduation from fiscal procyclicality
Journal of Development Economics , 2013, 100 , (1), 32-47
See also Working Paper (2012)
2012
Can leading indicators assess country vulnerability? Evidence from the 2008–09 global financial crisis
Journal of International Economics , 2012, 87 , (2), 216-231 View citations (5)
See also Working Paper (2011)
Internationalization of the RMB and Historical Precedents
Journal of Economic Integration , 2012, 27 , 329-365
Introduction
NBER International Seminar on Macroeconomics , 2012, 8 , (1), 1 - 7
Politically Feasible Emissions Targets to Attain 460 ppm CO2 Concentrations
Review of Environmental Economics and Policy , 2012, 6 , (1), 86-109
Slow Pass-through Around the World: A New Import for Developing Countries?
Open Economies Review , 2012, 23 , (2), 213-251 View citations (2)
See also Working Paper (2005)
What Small Countries Can Teach the World
Business Economics , 2012, 47 , (2), 97-103
See also Working Paper (2012)
2011
A Comparison Of Product Price Targeting And Other Monetary Anchor Options, For Commodity Exporters In Latin America
Journal of LACEA Economia , 2011
See also Working Paper (2011)
A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries
Comparative Economic Studies , 2011, 53 , (3), 407-430
See also Working Paper (2011)
A Solution to Fiscal Procyclicality: the Structural Budget Institutions Pioneered by Chile
Journal Economía Chilena (The Chilean Economy) , 2011, 14 , (2), 39-78 View citations (4)
See also Working Paper (2011)
Are Bilateral Remittances Countercyclical?
Open Economies Review , 2011, 22 , (1), 1-16 View citations (6)
See also Working Paper (2010)
Comment
NBER International Seminar on Macroeconomics , 2011, 7 , (1), 351 - 356
Over-optimism in forecasts by official budget agencies and its implications
Oxford Review of Economic Policy , 2011, 27 , (4), 536-562 View citations (4)
See also Working Paper (2011)
2010
Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes
American Economic Review , 2010, 100 , (2), 568-72 View citations (8)
See also Working Paper (2010)
The forward market in emerging currencies: Less biased than in major currencies
Journal of International Money and Finance , 2010, 29 , (3), 585-598 View citations (17)
See also Working Paper (2009)
2009
NEW ESTIMATION OF CHINA'S EXCHANGE RATE REGIME
Pacific Economic Review , 2009, 14 , (3), 346-360 View citations (6)
See also Working Paper (2009)
2008
Does openness to trade make countries more vulnerable to sudden stops, or less? Using gravity to establish causality
Journal of International Money and Finance , 2008, 27 , (8), 1430-1452 View citations (17)
See also Working Paper (2007)
Estimation of De Facto Exchange Rate Regimes: Synthesis of the Techniques for Inferring Flexibility and Basket Weights
IMF Staff Papers , 2008, 55 , (3), 384-416 View citations (8)
See also Working Paper (2008)
Fiscal and monetary policy in a commodity-based economy
The Economics of Transition , 2008, 16 , (4), 679-713 View citations (3)
South Africa: Macroeconomic challenges after a decade of success
The Economics of Transition , 2008, 16 , (4), 639-677 View citations (8)
See also Working Paper (2007)
Why the Euro Will Rival the Dollar
Panoeconomicus , 2008, 55 , (3), 255-278 View citations (8)
Also in International Finance , 2008, 11 , (1), 49-73 (2008) View citations (11)
2007
Assessing China's exchange rate regime
Economic Policy , 2007, 22 , 575-627 View citations (14)
See also Working Paper (2007)
ON THE RAND: DETERMINANTS OF THE SOUTH AFRICAN EXCHANGE RATE
South African Journal of Economics , 2007, 75 , (3), 425-441 View citations (8)
See also Working Paper (2007)
Responding to Crises
Cato Journal , 2007, 27 , (2), 165-178
2006
Could the twin deficits jeopardize US hegemony?
Journal of Policy Modeling , 2006, 28 , (6), 653-663 View citations (2)
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 (19)
2005
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 (50)
See also Working Paper (2003)
Mundell-Fleming Lecture: Contractionary Currency Crashes in Developing Countries
IMF Staff Papers , 2005, 52 , (2), 149-192 View citations (19)
On the renminbi
CESifo Forum , 2005, 6 , (3), 16-21 View citations (2)
Peg the export price index: A proposed monetary regime for small countries
Journal of Policy Modeling , 2005, 27 , (4), 495-508 View citations (6)
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
Global transmission of interest rates: monetary independence and currency regime
Journal of International Money and Finance , 2004, 23 , (5), 701-733 View citations (66)
See also Working Paper (2002)
2003
A Proposed Monetary Regime for Small Commodity Exporters: Peg the Export Price ('PEP')
International Finance , 2003, 6 , (1), 61-88 View citations (1)
See also Working Paper (2003)
What an Economic Adviser Can Do When He Disagrees with the President
Challenge , 2003, 46 , (3), 29-52 View citations (1)
2002
A Proposal to Anchor Monetary Policy by the Price of the Export Commodity
Journal of Economic Integration , 2002, 17 , 417-448 View citations (15)
An Estimate Of The Effect Of Common Currencies On Trade And Income
The Quarterly Journal of Economics , 2002, 117 , (2), 437-466 View citations (274)
See also Working Paper (2001)
2001
Verifying exchange rate regimes
Journal of Development Economics , 2001, 66 , (2), 351-386 View citations (37)
See also Working Paper (2000)
2000
Country Funds and Asymmetric Information
International Journal of Finance & Economics , 2000, 5 , (3), 177-95 View citations (26)
See also Working Paper (1998)
1999
Does Trade Cause Growth?
American Economic Review , 1999, 89 , (3), 379-399 View citations (830)
1998
Open Regionalism in a World of Continental Trade Blocs
IMF Staff Papers , 1998, 45 , (3), 440-453 View citations (13)
See also Working Paper (1998)
The Endogeneity of the Optimum Currency Area Criteria
Economic Journal , 1998, 108 , (449), 1009-25 View citations (469)
See also Working Paper (1996)
1997
Editorial note
European Economic Review , 1997, 41 , (6), iii-iii
Is EMU more justifiable ex post than ex ante?
European Economic Review , 1997, 41 , (3-5), 753-760 View citations (112)
Sterilization of money inflows: Difficult (Calvo) or Easy (Reisen)?
Estudios de Economia , 1997, 24 , (2 Year 1997), 263-285 View citations (3)
See also Working Paper (1994)
1996
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 (223)
See also Working Paper (1995)
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 (7)
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 (8)
See also Working Paper (1996)
Crisis, contagion, and country funds: effects on East Asia and Latin America
Proceedings , 1996, 232-266 View citations (16)
See also Working Paper (1996)
Currency crashes in emerging markets: An empirical treatment
Journal of International Economics , 1996, 41 , (3-4), 351-366 View citations (476)
See also Working Paper (1996)
Editorial note
European Economic Review , 1996, 40 , (2), iii-iii
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 (18)
See also Working Paper (1995)
Recent Exchange-Rate Experience and Proposals for Reform
American Economic Review , 1996, 86 , (2), 153-58 View citations (2)
See also Working Paper (1996)
Regional Trading Arrangements: Natural or Supernatural
American Economic Review , 1996, 86 , (2), 52-56 View citations (44)
See also Working Paper (1996)
1995
Economic regionalism: Evidence from two 20th century episodes
The North American Journal of Economics and Finance , 1995, 6 , (2), 89-106 View citations (1)
Editorial note
European Economic Review , 1995, 39 , (5), 959-959
Tests of conditional mean-variance efficiency of the U.S. stock market
Journal of Empirical Finance , 1995, 2 , (1), 3-18 View citations (2)
The Stabilizing Properties of a Nominal GNP Rule
Journal of Money, Credit and Banking , 1995, 27 , (2), 318-34 View citations (23)
Trading blocs and the Americas: The natural, the unnatural, and the super-natural
Journal of Development Economics , 1995, 47 , (1), 61-95 View citations (167)
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 (47)
See also Working Paper (1995)
1994
A "Greater China" trade Bloc?
China Economic Review , 1994, 5 , (2), 179-190 View citations (2)
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 (38)
See also Working Paper (1991)
La politique du dollar de Clinton et l'efficacité de l'intervention sur les taux de change
Revue d'Économie Financière , 1994, 4 , (1), 125-135
Patterns in Exchange Rate Forecasts for Twenty-five Currencies
Journal of Money, Credit and Banking , 1994, 26 , (4), 759-70 View citations (9)
1993
A Pacific economic bloc: is there such an animal?
FRBSF Economic Letter , 1993, (Nov 12)
Does Foreign-Exchange Intervention Matter? The Portfolio Effect
American Economic Review , 1993, 83 , (5), 1356-69 View citations (97)
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 (19)
See also Working Paper (1991)
1992
Financial links around the Pacific Rim, 1982-1992
Proceedings , 1992, (Sep) View citations (1)
Also in Proceedings , 1992, 17-47 (1992) View citations (2)
See also Working Paper (1993)
International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model: Reply
American Economic Review , 1992, 82 , (4), 1052-56 View citations (1)
Measuring International Capital Mobility: A Review
American Economic Review , 1992, 82 , (2), 197-202 View citations (82)
The European Monetary System: Credible at Last?
Oxford Economic Papers , 1992, 44 , (4), 791-816 View citations (13)
See also Working Paper (1994)
1991
Does foreign exchange intervention matter? disentangling the portfolio and expectations effects for the mark
Proceedings , 1991, (Nov) View citations (6)
See also Working Paper (1994)
The Japanese Cost of Finance: A Survey
Financial Management , 1991, 20 , (1)
1990
Chartists, Fundamentalists, and Trading in the Foreign Exchange Market
American Economic Review , 1990, 80 , (2), 181-85 View citations (99)
International nominal targeting (INT): a proposal for overcoming obstacles to policy coordination
Proceedings , 1990, (Nov) View citations (1)
See also Working Paper (1990)
1989
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 View citations (1)
Forward Discount Bias: Is It an Exchange Risk Premium?
The Quarterly Journal of Economics , 1989, 104 , (1), 139-61 View citations (143)
See also Working Paper (1988)
1988
International Capital Mobility: What Do Saving-Investment Correlations Tell Us? Reply to Miller
IMF Staff Papers , 1988, 35 , (2), 397-398
International Macroeconomic Policy Coordination When Policymakers Do Not Agree on the True Model
American Economic Review , 1988, 78 , (3), 318-40 View citations (61)
International capital mobility and exchange rate volatility
Conference Series ; [Proceedings] , 1988, 162-194
See also Working Paper (1989)
International nominal targeting: a proposal for policy coordination
Conference Series ; [Proceedings] , 1988, 234-239
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 (26)
See also Working Paper (1988)
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 (13)
See also Working Paper (1988)
1987
International Capital Mobility: What Do Saving-Investment Correlations Tell Us?
IMF Staff Papers , 1987, 34 , (3), 503-530 View citations (78)
Regression vs. volatility tests of the efficiency of foreign exchange markets
Journal of International Money and Finance , 1987, 6 , (1), 49-56 View citations (2)
See also Working Paper (1987)
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 (22)
See also Working Paper (1988)
Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations
American Economic Review , 1987, 77 , (1), 133-53 View citations (247)
See also Working Paper (1986)
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
The implications of mean-variance optimization for four questions in international macroeconomics
Journal of International Money and Finance , 1986, 5 , (1, Supplement), S53-S75 View citations (12)
See also Working Paper (1986)
Understanding the U.S. Dollar in the Eighties: The Expectations of Chartists and Fundamentalists
The Economic Record , 1986, 24-38 View citations (77)
1985
'Monetary targets, real exchange rates and macroeconomic stability' by Alessandro Penati
European Economic Review , 1985, 28 , (1-2), 151-152
Commodity Prices, Money Surprises and Fed Credibility
Journal of Money, Credit and Banking , 1985, 17 , (4), 425-38 View citations (29)
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 (14)
See also Working Paper (1986)
Portfolio Crowding-out, Empirically Estimated
The Quarterly Journal of Economics , 1985, 100 , (5), 1041-65 View citations (8)
The Dazzling Dollar
Brookings Papers on Economic Activity , 1985, 16 , (1), 199-217 View citations (15)
1984
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 (36)
See also Working Paper (1985)
The Theory of Trade in Middle Products: An Extension
American Economic Review , 1984, 74 , (3), 485-87 View citations (3)
The secular inflation term in open-economy Phillips curves
European Economic Review , 1984, 24 , (2), 161-164 View citations (2)
1983
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 (1)
See also Working Paper (1981)
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
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 (10)
See also Working Paper (1979)
In search of the exchange risk premium: A six-currency test assuming mean-variance optimization
Journal of International Money and Finance , 1982, 1 , (1), 255-274 View citations (42)
The 1807–1809 Embargo Against Great Britain
The Journal of Economic History , 1982, 42 , (02), 291-308 View citations (1)
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 (10)
Why money announcements move interest rates: an answer from the foreign exchange market
Proceedings , 1982, (Nov), 1-36 View citations (10)
See also Working Paper (1984)
1981
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
On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials
American Economic Review , 1979, 69 , (4), 610-22 View citations (202)
The diversifiability of exchange risk
Journal of International Economics , 1979, 9 , (3), 379-393 View citations (22)
Books
2012
NBER International Seminar on Macroeconomics 2011
NBER Books, National Bureau of Economic Research, Inc
2009
NBER International Seminar on Macroeconomics 2008
NBER Books, National Bureau of Economic Research, Inc View citations (1)
2007
NBER International Seminar on Macroeconomics 2005
NBER Books, National Bureau of Economic Research, Inc View citations (1)
2006
NBER International Seminar on Macroeconomics 2004
NBER Books, National Bureau of Economic Research, Inc
2003
Managing Currency Crises in Emerging Markets
NBER Books, National Bureau of Economic Research, Inc View citations (47)
2002
International Seminar on Macroeconomics
NBER Books, National Bureau of Economic Research, Inc View citations (5)
Preventing Currency Crises in Emerging Markets
NBER Books, National Bureau of Economic Research, Inc View citations (39)
1998
The Regionalization of the World Economy
NBER Books, National Bureau of Economic Research, Inc View citations (35)
1997
Regional Trading Blocs in the World Economic System
Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (22)
1996
The Microstructure of Foreign Exchange Markets
NBER Books, National Bureau of Economic Research, Inc View citations (23)
1995
Financial Markets and Monetary Policy, vol 1
MIT Press Books, The MIT Press View citations (4)
International Seminar on Macroeconomics
NBER Books, National Bureau of Economic Research, Inc
1994
The Internationalization of Equity Markets
NBER Books, National Bureau of Economic Research, Inc View citations (5)
See also Working Paper (1994)
1993
On Exchange Rates, vol 1
MIT Press Books, The MIT Press View citations (121)
Regionalism and Rivalry: Japan and the United States in Pacific Asia
NBER Books, National Bureau of Economic Research, Inc View citations (5)
1990
Does Foreign Exchange Intervention Work?
Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (60)
Edited books
2012
NBER International Seminar on Macroeconomics 2011, Volume 8
National Bureau of Economic Research Books, University of Chicago Press
2009
NBER International Seminar on Macroeconomics 2008, Volume 5
National Bureau of Economic Research Books, University of Chicago Press
2007
NBER International Seminar on Macroeconomics 2005, vol 1
MIT Press Books, The MIT Press
2006
NBER International Seminar on Macroeconomics 2004, vol 1
MIT Press Books, The MIT Press
1997
The Regionalization of the World Economy
National Bureau of Economic Research Books, University of Chicago Press
1996
The Microstructure of Foreign Exchange Markets
National Bureau of Economic Research Books, University of Chicago Press
1995
The Internationalization of Equity Markets
National Bureau of Economic Research Books, University of Chicago Press
1994
Regionalism and Rivalry
National Bureau of Economic Research Books, University of Chicago Press
Chapters
2011
Front matter, abstracts
A chapter in NBER International Seminar on Macroeconomics 2011 , 2011
Introduction to "NBER International Seminar on Macroeconomics 2011"
A chapter in NBER International Seminar on Macroeconomics 2011 , 2011, pp 1-7
2010
Comment on "China's Current Account and Exchange Rate"
A chapter in China's Growing Role in World Trade , 2010, pp 271-277
Comment on "Financial Cycles: What? How? When?"
A chapter in NBER International Seminar on Macroeconomics 2010 , 2010, pp 351-355
Determinants of Agricultural and Mineral Commodity Prices
A chapter in Inflation in an Era of Relative Price Shocks , 2010 View citations (3)
See also Working Paper (2010)
Monetary Policy in Emerging Markets
Chapter 25 in Handbook of Monetary Economics , 2010, vol. 3, pp 1439-1520
The Estimated Trade Effects of the Euro: Why Are They Below Those from Historical Monetary Unions among Smaller Countries?
A chapter in Europe and the Euro , 2010, pp 169-212
See also Working Paper (2009)
2009
Comment on "Plant-Size Distribution and Cross-Country Income Differences"
A chapter in NBER International Seminar on Macroeconomics 2008 , 2009, pp 279-283
Comment on "The Simple Geometry of Transmission and Stabilization in Closed and Open Economies"
A chapter in NBER International Seminar on Macroeconomics 2007 , 2009, pp 119-129 View citations (1)
Introduction to "NBER International Seminar on Macroeconomics 2008"
A chapter in NBER International Seminar on Macroeconomics 2008 , 2009, pp 1-5
2008
The Effect of Monetary Policy on Real Commodity Prices
A chapter in Asset Prices and Monetary Policy , 2008, pp 291-333 View citations (13)
See also Working Paper (2006)
2007
Introduction to "NBER International Seminar on Macroeconomics 2005"
A chapter in NBER International Seminar on Macroeconomics 2005 , 2007, pp 1-7
Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?
A chapter in G7 Current Account Imbalances: Sustainability and Adjustment , 2007, pp 283-338 View citations (9)
See also Working Paper (2006)
2006
Introduction to "NBER International Seminar on Macroeconomics 2004"
A chapter in NBER International Seminar on Macroeconomics 2004 , 2006, pp 1-16
2003
Industrial Country Policies
A chapter in Economic and Financial Crises in Emerging Market Economies , 2003, pp 155-296 View citations (2)
2002
Introduction to "Preventing Currency Crises in Emerging Markets"
A chapter in Preventing Currency Crises in Emerging Markets , 2002, pp 1-20 View citations (6)
2000
Panel Presentation, The Asian Model, the Miracle, the Crisis, and the Fund
A chapter in Currency Crises , 2000, pp 327-338
1998
Continental Trading Blocs: Are They Natural or Supernatural?
A chapter in The Regionalization of the World Economy , 1998, pp 91-120 View citations (30)
See also Working Paper (1993)
Introduction to "Regionalization of the World Economy, The"
A chapter in The Regionalization of the World Economy , 1998, pp 1-6 View citations (6)
Regionalization of World Trade and Currencies: Economics and Politics
A chapter in The Regionalization of the World Economy , 1998, pp 189-226 View citations (27)
1997
Open versus Closed Trade Blocs
A chapter in Regionalism versus Multilateral Trade Arrangements, NBER-EASE Volume 6 , 1997, pp 119-140 View citations (6)
1996
Introduction to "The Microstructure of Foreign Exchange Markets"
A chapter in The Microstructure of Foreign Exchange Markets , 1996, pp 1-18 View citations (5)
1995
Empirical research on nominal exchange rates
Chapter 33 in Handbook of International Economics , 1995, vol. 3, pp 1689-1729 View citations (184)
1994
Exchange Rate Policy
A chapter in American Economic Policy in the 1980s , 1994, pp 293-366 View citations (28)
Introduction to "The Internationalization of Equity Markets "
A chapter in The Internationalization of Equity Markets , 1994, pp 1-20 View citations (3)
Yen Bloc or Dollar Bloc? Exchange Rate Policies of the East Asian Economies
A chapter in Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, NBER-EASE Volume 3 , 1994, pp 295-333 View citations (77)
See also Working Paper (1992)
1993
Introduction to "Regionalism and Rivalry: Japan and the United States in Pacific Asia"
A chapter in Regionalism and Rivalry: Japan and the United States in Pacific Asia , 1993, pp 1-18 View citations (2)
Is Japan Creating a Yen Bloc in East Asia and the Pacific?
A chapter in Regionalism and Rivalry: Japan and the United States in Pacific Asia , 1993, pp 53-88 View citations (45)
See also Working Paper (1995)
Is there a Currency Bloc in the Pacific?
A chapter in The Exchange Rate, International Trade and the Balance of Payments , 1993 View citations (2)
See also Working Paper (1993)
1991
Japanese Finance in the 1980s: A Survey
A chapter in Trade with Japan: Has the Door Opened Wider? , 1991, pp 225-270 View citations (2)
Quantifying International Capital Mobility in the 1980s
A chapter in National Saving and Economic Performance , 1991, pp 227-270 View citations (32)
See also Working Paper (1991)
1990
Obstacles to Coordination, and a Consideration of Two Proposals to Overcome Them: International Nominal Targeting (INT) and the Hosomi Fund
A chapter in International Policy Coordination and Exchange Rate Fluctuations , 1990, pp 109-158
1988
International Capital Flows and Domestic Economic Policies
A chapter in The United States in the World Economy , 1988, pp 559-658 View citations (3)
See also Working Paper (1988)
1987
Are Exchange Rates Excessively Variable?
A chapter in NBER Macroeconomics Annual 1987, Volume 2 , 1987, pp 117-162 View citations (23)
See also Working Paper (1988)
1984
Tests of Monetary and Portfolio Balance Models of Exchange Rate Determination
A chapter in Exchange Rate Theory and Practice , 1984, pp 239-260 View citations (23)
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