Details about Paul Robert Masson

E-mail:
Phone:	416-946-0434
Postal address:	Rotman School of Management, 105 St. George Street, University of Toronto, Toronto, ON M5S 3E6 Canada
Workplace:	Business Economics, Rotman School of Management, University of Toronto, (more information at EDIRC) Department of Economics, University of Toronto, (more information at EDIRC)

Access statistics for papers by Paul Robert Masson.

Last updated 2013-05-04. Update your information in the RePEc Author Service.

Short-id: pma135

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Working Papers

2012

1. Commodities and Monetary Policy: Implications for Inflation and Price Level Targeting
   Working Papers, Bank of Canada
2. Design and Implementation of a Common Currency Area in the East African Community
   Working Papers, University of Toronto, Department of Economics
3. Welfare Effects of Monetary Integration: the Common Monetary Area and Beyond
   IMF Working Papers, International Monetary Fund

2010

4. Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa
   IMF Working Papers, International Monetary Fund View citations (4)

2009

5. Measures of investor and consumer confidence and policy actions in the current crisis
   Policy Research Working Paper Series, The World Bank View citations (1)
6. The new multi-polar international monetary system
   Policy Research Working Paper Series, The World Bank View citations (1)

2008

7. Are Bygones not Bygones? Modeling Price Level Targeting with an Escape Clause and Lessons from the Gold Standard
   Working Papers, Bank of Canada View citations (1)
   See also Journal Article in Journal of Macroeconomics (2011)

2007

8. The growing role of the euro in emerging market finance
   Policy Research Working Paper Series, The World Bank View citations (1)
9. Will the Renminbi Become a World Currency?
   Working Papers Series, Rotman Institute for International Business, Joseph L. Rotman School of Management, University of Toronto
   See also Journal Article in China Economic Review (2009)

2005

10. Global Monetary Conditions versus Country-Specific Factors in the Determination of Emerging Market Debt Spreads
    International Finance, EconWPA View citations (3)
    Also in Policy Research Working Paper Series, The World Bank (2005) View citations (12)
    See also Journal Article in Journal of International Money and Finance (2008)

2003

11. Explaining the Transition Between Exchange Rate Regimes
    Cahiers de recherche, Universite de Montreal, Departement de sciences economiques View citations (7)
    Also in Cahiers de recherche, Centre interuniversitaire de recherche en économie quantitative, CIREQ (2003) View citations (7)
    See also Journal Article in Scandinavian Journal of Economics (2005)

2002

12. Cotton Sector Strategies in West and Central Africa
    IMF Working Papers, International Monetary Fund View citations (24)
    Also in Policy Research Working Paper Series, The World Bank (2002) View citations (14)
13. Experience with Budgetary Convergence in the WAEMU
    IMF Working Papers, International Monetary Fund View citations (3)
14. Monetary Union in West Africa: Who Might Gain, Who Might Lose, and Why?
    IMF Working Papers, International Monetary Fund View citations (15)
    See also Journal Article in Canadian Journal of Economics (2005)

2001

15. Globalization Facts and Figures
    IMF Policy Discussion Papers, International Monetary Fund View citations (4)
16. Migration, Human Capital, and Poverty in a Dual-Economy of a Developing Country
    IMF Working Papers, International Monetary Fund View citations (3)
17. Monetary Union in West Africa (ECOWAS)
    IMF Occasional Papers, International Monetary Fund View citations (17)
18. Monetary Union in West Africa: An Agency of Restraint for Fiscal Policies
    IMF Working Papers, International Monetary Fund View citations (5)
    See also Journal Article in Journal of African Economies (2002)

2000

19. Exchange Rate Regime Transitions
    IMF Working Papers, International Monetary Fund View citations (19)
    See also Journal Article in Journal of Development Economics (2001)
20. Exchange Rate Regimes in an Increasingly Integrated World Economy
    IMF Occasional Papers, International Monetary Fund View citations (75)
21. Fiscal Policy and Growth in the Context of European Integration
    Working Papers, Warwick - Development Economics Research Centre View citations (5)
    Also in Working Paper Research, National Bank of Belgium (2000) View citations (24)
    IMF Working Papers, International Monetary Fund (2000) View citations (6)
22. Global Financial Crises - Institutions and Incentives
    IMF Working Papers, International Monetary Fund View citations (12)

1999

23. Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
    IMF Policy Discussion Papers, International Monetary Fund View citations (19)
24. Multiple Equilibria, Contagion, and the Emerging Market Crises
    IMF Working Papers, International Monetary Fund View citations (18)
    See also Journal Article in Proceedings (1999)
25. Transition Strategies and Nominal Anchors on the Road to Greater Exchange-Rate Flexibility
    Princeton Essays in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (44)

1998

26. Contagion-Monsoonal Effects, Spillovers, and Jumps Between Multiple Equilibria
    IMF Working Papers, International Monetary Fund View citations (69)
27. Currency Crises, Sunspots and Markov-Switching Regimes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
    See also Journal Article in Journal of International Economics (2000)
28. Exit Strategies: Policy Options for Countries Seeking Exchange Rate Flexibility
    IMF Occasional Papers, International Monetary Fund View citations (60)
29. Inflation Targeting as a Framework for Monetary Policy
    IMF Economic Issues, International Monetary Fund View citations (26)
30. Liability-Creating Versus Non-Liability-Creating Fiscal Stabilization Policies - Ricardian Equivalence, Fiscal Stabilization, and EMU
    IMF Working Papers, International Monetary Fund View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (5)
    See also Journal Article in Economic Journal (1998)
31. Market-Based Policy Instruments for Systemic Bank Restructuring
    IMF Working Papers, International Monetary Fund View citations (2)

1997

32. Characteristics of the Euro, the Demand for Reserves, and Policy Coordination Under EMU
    IMF Working Papers, International Monetary Fund View citations (19)
33. The Scope for Inflation Targeting in Developing Countries
    IMF Working Papers, International Monetary Fund View citations (114)
34. Was the French Franc Crisis a Sunspot Equilibrium?
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations (7)

1996

35. German Unification - What Have We Learned from Multi-Country Models?
    IMF Working Papers, International Monetary Fund View citations (1)
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1996) View citations (3)
    See also Journal Article in Economic Modelling (1996)
36. International Evidence on the Determinants of Saving
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
37. The Mexican Peso Crisis - Overview and Analysis of Credibility Factors
    IMF Working Papers, International Monetary Fund

1995

38. International Evidence on the Determinants of Private Saving
    IMF Working Papers, International Monetary Fund View citations (19)
    See also Journal Article in World Bank Economic Review (1998)
39. Long-Term Tendencies in Budget Deficits and Debt
    IMF Working Papers, International Monetary Fund View citations (4)
    See also Journal Article in Proceedings (1995)

1994

40. Credibility of Policies Versus Credibility of Policymakers
    IMF Working Papers, International Monetary Fund View citations (115)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (4)
    See also Journal Article in The Quarterly Journal of Economics (1994)
41. ERM Money Supplies and the Transition to EMU
    IMF Working Papers, International Monetary Fund View citations (15)
42. Fiscal Flows in the United States and Canada: Lessons for Monetary Union in Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article in European Economic Review (1995)
43. The Credibility of the United Kingdom's Commitment to the ERM: Intentions versus Actions
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics View citations (1)
    Also in IMF Working Papers, International Monetary Fund (1994) View citations (1)

1993

44. Evaluating the EMS and EMU Using Stochastic Simulations: Some Issues
    IMF Working Papers, International Monetary Fund View citations (10)
45. Financial Sector Reforms and Exchange Arrangements in Eastern Europe
    IMF Occasional Papers, International Monetary Fund View citations (2)
46. Net Foreign Assets and International Adjustment: The United States, Japan, and Germany
    IMF Working Papers, International Monetary Fund View citations (8)
    See also Journal Article in Journal of International Money and Finance (1994)

1992

47. Common Currency Areas and Currency Unions: An Analysis of the Issues
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
48. Policy Issues in the Evolving International Monetary System
    IMF Occasional Papers, International Monetary Fund View citations (2)

1991

49. Characteristics of a Successful Exchange Rate System
    IMF Occasional Papers, International Monetary Fund View citations (21)
50. Effects of Long-Run Demographic Changes in a Multi-Country Model
    IMF Working Papers, International Monetary Fund
51. European and monetary union in Europe and constraints on national budgetary policies
    Open Access publications from Tilburg University, Tilburg University
52. Evaluating Policy Rules Under Imperfect Credibility
    IMF Working Papers, International Monetary Fund
53. Models of Inflation and the Costs of Disinflation
    IMF Working Papers, International Monetary Fund View citations (45)
    See also Journal Article in IMF Staff Papers (1992)
54. Portfolio Preference Uncertainty and Gains from Policy Coordination
    IMF Working Papers, International Monetary Fund
    See also Journal Article in IMF Staff Papers (1992)

1990

55. Economic Implications of German Unification for the Federal Republic and the Rest of the World
    IMF Working Papers, International Monetary Fund
56. Fiscal Policy Independence in a Monetary Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
57. MACROECONOMIC EFFECTS OF PROJECTED POPULATION AGING IN INDUSTRIAL COUNTRIES
    IMF Working Papers, International Monetary Fund View citations (20)
    See also Journal Article in IMF Staff Papers (1990)

1989

58. Simulating the Effects of Some Simple Coordinated versus Uncoordinated Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

1988

59. International Coordination of Economic Policies: Scope, Methods, and Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

1979

60. Exchange Rates and Portfolio Balance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

Journal Articles

2012

1. Fiscal asymmetries and the survival of the euro zone
   Economie Internationale, 2012, (129), 5-29

2011

2. Are bygones not bygones? Modeling price-level targeting with an escape clause and lessons from the gold standard
   Journal of Macroeconomics, 2011, 33, (2), 162-175
   See also Working Paper (2008)
3. Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa-super-†
   Journal of African Economies, 2011, 20, (suppl_2), -ii150

2009

4. Will the renminbi become a world currency?
   China Economic Review, 2009, 20, (1), 124-135 View citations (9)
   See also Working Paper (2007)

2008

5. China's Integration into the Global Financial System
   Bank of Canada Review, 2008, 2008, (Summer), 19-31
6. Currency Unions in Africa: Is the Trade Effect Substantial Enough to Justify their Formation?
   The World Economy, 2008, 31, (4), 533-547 View citations (4)
7. Erratum to "The euro and developing country finance: a survey" [North Am. J. Econ. Finance 19 (2) 2008 175-191]
   The North American Journal of Economics and Finance, 2008, 19, (3), 349-349
8. Global monetary conditions versus country-specific factors in the determination of emerging market debt spreads
   Journal of International Money and Finance, 2008, 27, (8), 1325-1336 View citations (4)
   See also Working Paper (2005)
9. The euro and developing country finance: A survey
   The North American Journal of Economics and Finance, 2008, 19, (2), 175-191 View citations (3)

2006

10. New Monetary Unions in Africa: a Major Change in the Monetary Landscape?
    Economie Internationale, 2006, (107), 87-105

2005

11. Explaining the Transition between Exchange Rate Regimes
    Scandinavian Journal of Economics, 2005, 107, (2), 261-278 View citations (12)
    See also Working Paper (2003)
12. Monetary union in West Africa: who might gain, who might lose, and why?
    Canadian Journal of Economics, 2005, 38, (2), 454-481 View citations (21)
    See also Working Paper (2002)

2002

13. Monetary Union in West Africa: An Agency of Restraint for Fiscal Policies?
    Journal of African Economies, 2002, 11, (3), 387-412 View citations (10)
    See also Working Paper (2001)

2001

14. Exchange Rate Regimes of Developing Countries: Global Context and Individual Choices
    Journal of the Japanese and International Economies, 2001, 15, (1), 68-101 View citations (5)
15. Exchange rate regime transitions
    Journal of Development Economics, 2001, 64, (2), 571-586 View citations (57)
    See also Working Paper (2000)
16. Una unión monetaria en África Occidental (ECOWAS) ¿es deseable tenerla? y ¿cómo poder lograrla?
    Boletín, 2001, XLVII, (3), 109-121

2000

17. Currency crises, sunspots and Markov-switching regimes
    Journal of International Economics, 2000, 50, (2), 327-350 View citations (43)
    See also Working Paper (1998)

1999

18. Contagion:: macroeconomic models with multiple equilibria
    Journal of International Money and Finance, 1999, 18, (4), 587-602 View citations (76)
19. Credibility, Reputation, and the Mexican Peso Crisis
    Journal of Money, Credit and Banking, 1999, 31, (1), 70-84 View citations (12)
20. Multiple equilibria, contagion, and the emerging market crises
    Proceedings, 1999, (Sep) View citations (22)
    See also Working Paper (1999)

1998

21. International Evidence on the Determinants of Private Saving
    World Bank Economic Review, 1998, 12, (3), 483-501 View citations (67)
    See also Working Paper (1995)
22. Liability-Creating versus Non-liability-Creating Fiscal Stabilisation Policies: Ricardian Equivalence, Fiscal Stabilisation, and EMU
    Economic Journal, 1998, 108, (449), 1026-45 View citations (4)
    See also Working Paper (1998)

1997

23. Core ERM Money Demand and Effects on Inflation
    The Manchester School of Economic & Social Studies, 1997, 65, (1), 1-24 View citations (3)

1996

24. Fiscal Dimensions of EMU
    Economic Journal, 1996, 106, (437), 996-1004 View citations (8)
25. German unification: What have we learned from multi-country models?
    Economic Modelling, 1996, 13, (4), 467-497 View citations (3)
    See also Working Paper (1996)
26. Preface
    Economic Modelling, 1996, 13, (4), 463-465

1995

27. Early Contributions of “Staff Papers” to International Economics
    IMF Staff Papers, 1995, 42, (4), 707-733 View citations (1)
28. Fiscal flows in the United States and Canada: Lessons for monetary union in Europe
    European Economic Review, 1995, 39, (2), 253-274 View citations (107)
    See also Working Paper (1994)
29. Gaining and Losing ERM Credibility: The Case of the United Kingdom
    Economic Journal, 1995, 105, (430), 571-82 View citations (31)
30. Long-term tendencies in budget deficits and debt
    Proceedings, 1995, 5-55 View citations (5)
    See also Working Paper (1995)

1994

31. Credibility of Policies versus Credibility of Policymakers
    The Quarterly Journal of Economics, 1994, 109, (3), 735-54 View citations (99)
    See also Working Paper (1994)
32. Net foreign assets and international adjustment: The United States, Japan and Germany
    Journal of International Money and Finance, 1994, 13, (1), 27-40 View citations (20)
    See also Working Paper (1993)

1993

33. Fiscal Policy within Common Currency Areas
    Journal of Common Market Studies, 1993, 31, (1), 29-44 View citations (5)

1992

34. Models of Inflation and the Costs of Disinflation
    IMF Staff Papers, 1992, 39, (2), 395-431 View citations (27)
    See also Working Paper (1991)
35. Portfolio Preference Uncertainty and Gains from Policy Coordination
    IMF Staff Papers, 1992, 39, (1), 101-120 View citations (4)
    See also Working Paper (1991)

1991

36. Economic and Monetary Union in Europe and Constraints on National Budgetary Policies
    IMF Staff Papers, 1991, 38, (2), 374-398 View citations (11)
37. Fiscal policy independence in a European Monetary Union
    Open Economies Review, 1991, 2, (2), 113-136 View citations (11)
38. Model Uncertainty, Learning, and the Gains from Coordination
    American Economic Review, 1991, 81, (3), 465-79 View citations (21)

1990

39. Macroeconomic Effects of Projected Population Aging in Industrial Countries
    IMF Staff Papers, 1990, 37, (3), 453-485 View citations (16)
    See also Working Paper (1990)

1989

40. International dimensions of monetary policy: coordination versus autonomy
    Proceedings, 1989, 183-243 View citations (2)

1988

41. International Policy Coordination in a World with Model Uncertainty
    IMF Staff Papers, 1988, 35, (2), 230-258 View citations (4)
42. Scope and Limits of International Economic Cooperation and Policy Coordination
    IMF Staff Papers, 1988, 35, (2), 259-296 View citations (4)
43. Strategies for modeling exchange rates and capital flows in multicountry models
    Journal of Policy Modeling, 1988, 10, (2), 205-228

1987

44. The Dynamics of a Two-Country Minimodel under Rational Expectations
    Annales d'Economie et de Statistique, 1987, (6-7), 37-69

1986

45. International Transmission of Fiscal Policies in Major Industrial Countries (Transmission sur le plan international des effets des politiques budgétaires des grands pays industrialisés) (Transmisión internacional de la política fiscal de los grandes países industriales)
    IMF Staff Papers, 1986, 33, (3), 387-438
46. MINIMOD: Specification and Simulation Results (MINIMOD: spécification et résultats des simulations) (MINIMOD: Especificación y resultados de simulación)
    IMF Staff Papers, 1986, 33, (4), 722-767

1985

47. Exchange Rate Dynamics and Intervention Rules (Dynamique des taux de change et règles d'intervention) (Dinámica del tipo de cambio y normas de intervención)
    IMF Staff Papers, 1985, 32, (1), 132-159 View citations (1)
48. Fiscal policy and the exchange rate in the big seven: Transmission of U.S. government spending shocks
    European Economic Review, 1985, 28, (1-2), 11-42 View citations (2)
49. The Sustainability of Fiscal Deficits (De la persistance et du caractère soutenable des déficits budgétaires) (La persistencia de los déficit fiscales)
    IMF Staff Papers, 1985, 32, (4), 577-605

1983

50. Les effets à long terme de différentes règles de financement du gouvernement
    L'Actualité Economique, 1983, 59, (2), 266-282

1981

51. Dynamic stability of portfolio balance models of the exchange rate
    Journal of International Economics, 1981, 11, (4), 467-477 View citations (4)

1980

52. Portfolio Balance and Exchange Rate Stability: A Comment
    Journal of Money, Credit and Banking, 1980, 12, (2), 228-30

1979

53. Exchange rates in the short run: Some further results
    European Economic Review, 1979, 12, (4), 395-402 View citations (7)

1978

54. Structural Models of the Demand for Bonds and the Term Structure of Interest Rates
    Economica, 1978, 45, (180), 363-77 View citations (3)

1977

55. Exchange rates in the short run: The dollar-dentschemark rate
    European Economic Review, 1977, 10, (3), 303-324 View citations (21)

1976

56. Un modèle mensuel du secteur financier au Canada
    L'Actualité Economique, 1976, 52, (2), 169-184

Edited books

2008

1. Establishing a Central Bank
   Cambridge Books, Cambridge University Press

1993

2. Policy Issues in the Operation of Currency Unions
   Cambridge Books, Cambridge University Press View citations (2)

1992

3. Establishing a Central Bank
   Cambridge Books, Cambridge University Press View citations (2)

Chapters

2003

1. Economic aspects of regional currency areas and the use of foreign currencies
   A chapter in Regional currency areas and the use of foreign currencies, 2003, vol. 17, pp 4-42 View citations (1)

1990

2. The Rationale for, and Effects of, International Economic Policy Coordination
   A chapter in International Policy Coordination and Exchange Rate Fluctuations, 1990, pp 9-62 View citations (4)

1988

3. Fiscal Policies, Net Saving, and Real Exchange Rates: The United States, the Federal Republic of Germany, and Japan
   A chapter in International Aspects of Fiscal Policies, 1988, pp 21-72 View citations (1)