Details about Shang-Jin Wei

Homepage:	http://www.nber.org/~wei
Postal address:	Columbia Business School, 619 Uris Hall, 3022 Broadway, New York, NY 10027
Workplace:	International Monetary Fund (IMF), (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC) School of Economics and Management, Tsinghua University, (more information at EDIRC) Brookings Institution, (more information at EDIRC) Graduate School of Business, Columbia University, (more information at EDIRC) Hong Kong Institute for Monetary Research (HKIMR), Government of Hong Kong, (more information at EDIRC)

Access statistics for papers by Shang-Jin Wei.

Last updated 2009-05-05. Update your information in the RePEc Author Service.

Short-id: pwe20

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Working Papers

2009

1. Financial Globalization and Economic Policies
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2009) View citations
2. Introduction to “China’s Growing Role in World Trade”
   NBER Working Papers, National Bureau of Economic Research, Inc
3. The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
4. The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
   NBER Working Papers, National Bureau of Economic Research, Inc
5. The Misfortune of Non-financial Firms in a Financial Crisis: Disentangling Finance and Demand Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2008

6. A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
7. 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
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
   See also Journal Article in IMF Staff Papers (2008)
8. How Does Corporate Governance Risk at Home Affect Investment Choices Abroad?
   NBER Working Papers, National Bureau of Economic Research, Inc
9. How Much of Chinese Exports is Really Made In China? Assessing Domestic Value-Added When Processing Trade is Pervasive
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
10. Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock?
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
11. The Value of Making Commitments Externally: Evidence from WTO Accessions
    NBER Working Papers, National Bureau of Economic Research, Inc
12. What Accounts for the Rising Sophistication of China's Exports?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
13. When Is Quality of Financial System a Source of Comparative Advantage?
    NBER Working Papers, National Bureau of Economic Research, Inc

2007

14. Assessing China's Exchange Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
    See also Journal Article in Economic Policy (2007)
15. Collateral Damage: Exchange Controls and International Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2007) View citations
    See also Journal Article in Journal of International Money and Finance (2007)
16. Current Account Adjustment: Some New Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
17. Das (Wasted) Kapital: Firm Ownership and Investment Efficiency in China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2007) View citations
18. Domestic Institutions and the Bypass Effect of Financial Globalization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations
19. In Search of a Euro Effect: Big Lessons from a Big Mac Meal?
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Journal of International Money and Finance (2008)
20. Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2005)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
    See also Journal Article in The Review of Economics and Statistics (2008)
21. The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2006

22. A Solution to Two Paradoxes of International Capital Flow
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
23. Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
24. Financial Globalization: A Reappraisal
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
    IMF Working Papers, International Monetary Fund (2006) View citations
    See also Journal Article in IMF Staff Papers (2009)
25. Service Offshoring and Productivity: Evidence from the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
26. Service Offshoring, Productivity and Employment: Evidence from the US
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2005

27. Endowment Versus Finance: A Wooden Barrel Theory of International Trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in IMF Working Papers, International Monetary Fund (2005) View citations
28. Monetary Policies for Developing Countries: The Role of Institutional Quality
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of International Economics (2006)
29. Pitfalls of a State-Dominated Financial System: The Case of China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
30. Service Offshoring, Productivity, and Employment: Evidence from the United States
    IMF Working Papers, International Monetary Fund View citations
31. Slow Passthrough Around the World: A New Import for Developing Countries?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2005) View citations
32. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
    See also Chapter (2007)
33. The WTO Promotes Trade, Strongly But Unevenly
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in IMF Working Papers, International Monetary Fund (2003) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
    See also Journal Article in Journal of International Economics (2007)

2004

34. A New Look at Exchange Rate Volatility and Trade Flows
    IMF Occasional Papers, International Monetary Fund View citations
35. A Price Based Approach To Estimate The Effects Of Monetary Arrangements On Trade Integration
    Development Working Papers, Centro Studi Luca d\'Agliano, University of Milano
36. A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
    See also Journal Article in Economic Journal (2007)
37. Can China Grow Faster? A Diagnosis on the Fragmentation of the Domestic Capital Market
    IMF Working Papers, International Monetary Fund View citations
38. Does Financial Globalization Induce Better Macroeconomic Policies?
    IMF Working Papers, International Monetary Fund View citations
39. Effects on Financial Globalization on Developing Countries: Some Empirical Evidence
    IMF Occasional Papers, International Monetary Fund View citations
40. Fear of Outsourcing: Is It Justified?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
41. Fear of Service Outsourcing: Is It Justified?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2004) View citations
    See also Journal Article in Economic Policy (2005)
42. Financial Globalization, Growth and Volatility in Developing Countries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
    See also Chapter (2007)
43. Managing Macroeconomic Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
44. Transparency and International Portfolio Holdings
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of Finance (2005)

2003

45. Does Insider Trading Raise Market Volatility?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2003) View citations
    Working Papers, Hong Kong Institute for Monetary Research (2002)
    See also Journal Article in Economic Journal (2004)
46. Monetary Policies for Developing Countries: The Role of Corruption
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2003) View citations
47. The Micro-foundations of Big Mac Real Exchange Rates
    IEHAS Discussion Papers, Institute of Economics, Hungarian Academy of Sciences

2002

48. CURRENCY ARRANGEMENTS AND GOODS MARKET INTEGRATION: A PRICE BASED APPROACH
    International Finance, EconWPA View citations
49. Corruption and Cross-Border Investment: Firm-Level Evidence
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Stephen M. Ross Business School View citations
50. Transparency and International Investor Behavior
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations

2001

51. Corruption and Foreign Direct Investment: Firm-Level Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
52. Globalization and Inequality: Evidence from Within China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
53. Limiting Currency Volatility to Stimulate Goods Market Integration: A Price Based Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in IMF Working Papers, International Monetary Fund (2001) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
54. Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (2002)
55. Offshore Investment Funds: Monsters in Emerging Markets?
    Working Papers, Hong Kong Institute for Monetary Research
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations
    See also Journal Article in Journal of Development Economics (2002)
56. Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Policy Research Working Paper Series, The World Bank (2001) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations
57. Tax Rates and Tax Evasion: Evidence from "Missing Imports" in China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
    See also Journal Article in Journal of Political Economy (2004)
58. The quality of bureaucracy and capital account policies
    Policy Research Working Paper Series, The World Bank View citations

2000

59. Corruption and Composition of Foreign Direct Investment: Firm-Level Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
60. Corruption and the composition of foreign direct investment - firm-level evidence
    Policy Research Working Paper Series, The World Bank View citations
61. Corruption, composition of capital flows, and currency crises
    Policy Research Working Paper Series, The World Bank View citations
62. Does 'Grease Money' Speed Up the Wheels of Commerce?
    IMF Working Papers, International Monetary Fund View citations
    Also in MPRA Paper, University Library of Munich, Germany (1999) View citations
    Policy Research Working Paper Series, The World Bank (1999) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations
63. Explaining the Border Effect: The Role of Exchange Rate Variability, Shipping Costs, and Geography
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of International Economics (2001)
64. Natural Openness and Good Government
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Policy Research Working Paper Series, The World Bank (2000) View citations
65. Negative Alchemy?: Corruption and Composition of Capital Flows
    OECD Development Centre Working Papers, OECD, Development Centre View citations
66. Quality of Bureaucracy and Open-Economy Macro Policies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1999

67. Border, Border, Wide and Far, How We Wonder What You Are
    CID Working Papers, Center for International Development at Harvard University View citations
    Also in Policy Research Working Paper Series, The World Bank (1999)
68. Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?
    Policy Research Working Paper Series, The World Bank View citations
69. Does corruption relieve foreign investors of the burden of taxes and capital controls?
    Policy Research Working Paper Series, The World Bank View citations
    See also Chapter (2000)
70. Foreign Portfolio Investors Before and During a Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in OECD Economics Department Working Papers, OECD, Economics Department (1999) View citations
    CID Working Papers, Center for International Development at Harvard University (1999) View citations
    Working Papers, Chicago - Graduate School of Business (1999) View citations
    See also Journal Article in Journal of International Economics (2002)
71. The Big Players in the Foreign Exchange Market: Do They Trade on Information or Noise?
    CID Working Papers, Center for International Development at Harvard University
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations
    Working Papers, Chicago - Graduate School of Business (1999) View citations

1998

72. Currency Hedging and Goods Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in European Economic Review (1999)
73. Open Regionalism in a World of Continental Trade Blocs
    IMF Working Papers, International Monetary Fund View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations
    See also Journal Article in IMF Staff Papers (1998)

1997

74. "The Bigger They Are, The Harder They Fall": How Price Differences Across U.S. Cities Are Arbitraged
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
75. How Taxing is Corruption on International Investors?
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Stephen M. Ross Business School View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations
    See also Journal Article in The Review of Economics and Statistics (2000)
76. Why is Corruption So Much More Taxing Than Tax? Arbitrariness Kills
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1996

77. ASEAN in a Regional Perspective
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1996) View citations
78. Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in The Quarterly Journal of Economics (1996)
79. Intra-National versus International Trade: How Stubborn are Nations in Global Integration?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
80. Regional Trading Arrangement: Natural or Super-Natural?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley (1996) View citations
    See also Journal Article in American Economic Review (1996)

1995

81. 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
82. Purchasing Power Disparity During the Floating Rate Period: Exchange Rate Volatility, Trade Barriers and Other Culprits
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
83. The new regionalism and Asia: impact and options
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations

1994

84. APEC and other regional economic arrangements in the Pacific
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
85. Anticipations of Foreign Exchange Volatility and Bid-Ask Spreads
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (1991) View citations
86. Insignificant and Inconsequential Hysteresis: The Case of the U.S. Bilateral Trade
    NBER Working Papers, National Bureau of Economic Research, Inc
87. Switching from import substitution to export promotion: a simple political economy model
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
88. Trading Blocs: The Natural, the Unnatural, and the Super-Natural
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations

1993

89. Continental Trading Blocs: Are They Natural, or Super-Natural?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Chapter (1998)
90. Emerging Currency Blocs
    Center for International and Development Economics Research (CIDER) Working Papers, University of California at Berkeley View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations
91. 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
92. Love and hate: state and non-state firms in transition economies
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
93. Open Door Policy and China's Rapid Growth: Evidence from City-level Data
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1993) View citations

1992

94. Yen Bloc or Dollar Bloc: Exchange Rate Policies of the East Asian Economies
    Working Papers, University of Birmingham - International Financial Group View citations
    Also in Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1992) View citations
    See also Chapter (1994)

1991

95. Are Option-Implied Forecasts of Exchange Rate Volatility Excessively Variable?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

Journal Articles

2009

1. Financial Globalization: A Reappraisal
   IMF Staff Papers, 2009, 56, (1), 8-62
   See also Working Paper (2006)
2. Service Offshoring and Productivity: Evidence from the US
   The World Economy, 2009, 32, (2), 203-220

2008

3. 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
   See also Working Paper (2008)
4. In search of a euro effect: Big lessons from a Big Mac Meal?
   Journal of International Money and Finance, 2008, 27, (2), 260-276
   See also Working Paper (2007)
5. Outsourcing Tariff Evasion: A New Explanation for Entrepôt Trade
   The Review of Economics and Statistics, 2008, 90, (3), 587-592
   See also Working Paper (2007)

2007

6. A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates
   Economic Journal, 2007, 117, (523), 1336-1356 View citations
   See also Working Paper (2004)
7. Assessing China's exchange rate regime
   Economic Policy, 2007, 22, 575-627 View citations
   See also Working Paper (2007)
8. Collateral damage: Exchange controls and international trade
   Journal of International Money and Finance, 2007, 26, (5), 841-863 View citations
   See also Working Paper (2007)
9. The WTO promotes trade, strongly but unevenly
   Journal of International Economics, 2007, 72, (1), 151-175 View citations
   See also Working Paper (2005)

2006

10. Comments on: David Dollar and Aart Kraay, Neither a borrower nor a lender: Does China's zero net foreign asset position make economic sense?"
    Journal of Monetary Economics, 2006, 53, (5), 973-979
11. Connecting two views on financial globalization: Can we make further progress?
    Journal of the Japanese and International Economies, 2006, 20, (4), 459-481 View citations
12. Monetary policies for developing countries: The role of institutional quality
    Journal of International Economics, 2006, 70, (1), 239-252 View citations
    See also Working Paper (2005)

2005

13. Fear of service outsourcing: is it justified?
    Economic Policy, 2005, 20, (42), 308-347 View citations
    See also Working Paper (2004)
14. Transparency and International Portfolio Holdings
    Journal of Finance, 2005, 60, (6), 2987-3020 View citations
    See also Working Paper (2004)

2004

15. Does Insider Trading Raise Market Volatility?
    Economic Journal, 2004, 114, (498), 916-942 View citations
    See also Working Paper (2003)
16. Tax Rates and Tax Evasion: Evidence from "Missing Imports" in China
    Journal of Political Economy, 2004, 112, (2), 471-500 View citations
    See also Working Paper (2001)

2003

17. Risk and Reward of Embracing Globalisation: The Governance Factor
    Journal of African Economies, 2003, 12, (Supplement 1), 73-119

2002

18. "The bigger they are, the harder they fall": Retail price differences across U.S. cities
    Journal of International Economics, 2002, 56, (1), 21-53 View citations
19. Foreign portfolio investors before and during a crisis
    Journal of International Economics, 2002, 56, (1), 77-96 View citations
    See also Working Paper (1999)
20. Offshore investment funds: monsters in emerging markets?
    Journal of Development Economics, 2002, 68, (1), 205-224 View citations
    See also Working Paper (2001)

2001

21. Domestic Crony Capitalism and International Fickle Capital: Is There a Connection?
    International Finance, 2001, 4, (1), 15-45 View citations
22. Explaining the border effect: the role of exchange rate variability, shipping costs, and geography
    Journal of International Economics, 2001, 55, (1), 87-105 View citations
    See also Working Paper (2000)
23. Introduction
    The Economics of Transition, 2001, 9, (3), 675-677

2000

24. How Taxing is Corruption on International Investors?
    The Review of Economics and Statistics, 2000, 82, (1), 1-11 View citations
    See also Working Paper (1997)
25. Local Corruption and Global Capital Flows
    Brookings Papers on Economic Activity, 2000, 31, (2000-2), 303-354 View citations
26. The China money puzzle: will devaluation of the yuan help or hurt the Hong Kong dollar?
    China Economic Review, 2000, 11, (2), 171-188 View citations

1999

27. Currency hedging and goods trade
    European Economic Review, 1999, 43, (7), 1371-1394 View citations
    See also Working Paper (1998)

1998

28. Open Regionalism in a World of Continental Trade Blocs
    IMF Staff Papers, 1998, 45, (3), 2
    See also Working Paper (1998)
29. To Shock or Not to Shock? Economics and Political Economy of Large-Scale Reforms
    Economics and Politics, 1998, 10, (2), 161-183 View citations
30. Two crises and two Chinas
    Japan and the World Economy, 1998, 10, (3), 359-369 View citations

1997

31. Gradualism versus Big Bang: Speed and Sustainability of Reforms
    Canadian Journal of Economics, 1997, 30, (4), 1234-47 View citations
32. The siamese twins: Do state-owned banks favor state-owned enterprises in China?
    China Economic Review, 1997, 8, (1), 19-29 View citations

1996

33. 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
34. Convergence to the Law of One Price without Trade Barriers or Currency Fluctuations
    The Quarterly Journal of Economics, 1996, 111, (4), 1211-36 View citations
    See also Working Paper (1996)
35. Regional Trading Arrangements: Natural or Supernatural
    American Economic Review, 1996, 86, (2), 52-56 View citations
    See also Working Paper (1996)

1995

36. Attracting foreign direct investment: Has China reached its potential?
    China Economic Review, 1995, 6, (2), 187-199 View citations
37. Trading blocs and the Americas: The natural, the unnatural, and the super-natural
    Journal of Development Economics, 1995, 47, (1), 61-95 View citations

1994

38. A "Greater China" trade Bloc?
    China Economic Review, 1994, 5, (2), 179-190 View citations

1993

39. A Pacific economic bloc: is there such an animal?
    FRBSF Economic Letter, 1993, (Nov 12)
40. Insignificant and Inconsequential Hysteresis: The Case of U.S. Bilateral Trade
    The Review of Economics and Statistics, 1993, 75, (4), 606-13 View citations

1991

41. Price volatility without news about fundamentals
    Economics Letters, 1991, 37, (4), 453-458

Chapters

2007

1. Financial Globalization, Growth and Volatility in Developing Countries
   A chapter in Globalization and Poverty, 2007, pp 457-516
   See also Working Paper (2004)
2. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
   A chapter in Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, 2007, pp 421-480 View citations
   See also Working Paper (2005)

2002

3. China as a Window to the World: Trade Openness, Living Standards and Income Inequality
   A chapter in Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges, 2002
4. Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
   A chapter in Preventing Currency Crises in Emerging Markets, 2002, pp 461-506 View citations
   See also Working Paper (2001)

2000

5. Does Corruption Relieve Foreign Investors of the Burden of Taxes and Capital Controls?
   A chapter in International Taxation and Multinational Activity, 2000, pp 73-88
   See also Working Paper (1999)
6. Why Does China Attract So Little Foreign Direct Investment?
   A chapter in The Role of Foreign Direct Investment in East Asian Economic Development, NBER-EASE Volume 9, 2000, pp 239-265 View citations

1998

7. Continental Trading Blocs: Are They Natural or Supernatural?
   A chapter in The Regionalization of the World Economy, 1998, pp 91-120 View citations
   See also Working Paper (1993)
8. Regionalization of World Trade and Currencies: Economics and Politics
   A chapter in The Regionalization of the World Economy, 1998, pp 189-226 View citations

1997

9. Open versus Closed Trade Blocs
   A chapter in Regionalism versus Multilateral Trade Arrangements, NBER-EASE Volume 6, 1997, pp 119-140 View citations

1996

10. Foreign Direct Investment in China: Sources and Consequences
    A chapter in Financial Deregulation and Integration in East Asia, NBER-EASE Volume 5, 1996, pp 77-105 View citations

1995

11. The Open Door Policy and China’s Rapid Growth: Evidence from City-Level Data
    A chapter in Growth Theories in Light of the East Asian Experience, NBER-EASE Volume 4, 1995, pp 73-104

1994

12. 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
    See also Working Paper (1992)