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Details about Michael B. Devereux

E-mail:
Homepage:https://sites.google.com/site/michaelbdevereux/
Workplace:Vancouver School of Economics, University of British Columbia, (more information at EDIRC)
Centre for Economic Policy Research (CEPR), (more information at EDIRC)
National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Michael B. Devereux.

Last updated 2024-01-04. Update your information in the RePEc Author Service.

Short-id: pde32


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Working Papers

2024

  1. Trade Wars and the Optimal Design of Monetary Rules
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2023

  1. Collateral Advantage: Exchange Rates, Capital Flows and Global Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
  2. Production Networks and International Fiscal Spillovers
    Post-Print, HAL
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads View citations (6)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2019) Downloads View citations (1)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2022) Downloads
    Working Papers, HAL (2022) Downloads
    Working Papers, HAL (2019) Downloads View citations (1)

    See also Journal Article Production Networks And International Fiscal Spillovers, The Economic Journal, Royal Economic Society (2023) Downloads (2023)
  3. Trade Wars, Nominal Rigidities and Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads

2022

  1. Consumption Heterogeneity and Monetary Policy in an Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article Consumption heterogeneity and monetary policy in an open economy, Journal of Monetary Economics, Elsevier (2023) Downloads (2023)
  2. Foreign Reserves Management and Original Sin
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)

2021

  1. Sudden Stops in Emerging Economies: The Role of World Interest Rates and Foreign Exchange Intervention
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas Downloads
  2. Trade Wars Currency Wars
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) Downloads
    Working Papers, Center for Research in Economics and Statistics (2021) Downloads View citations (1)
    Working Papers, HAL (2020)
    Post-Print, HAL (2020)
    Post-Print, HAL (2020)
  3. Who Will Pay Amount A?
    EconPol Policy Brief, ifo Institute - Leibniz Institute for Economic Research at the University of Munich Downloads View citations (2)

2020

  1. Pandemics Through the Lens of Occupations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    See also Journal Article Pandemics through the lens of occupations, Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons (2022) Downloads View citations (1) (2022)
  2. Sudden Stops and Optimal Foreign Exchange Intervention
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    See also Journal Article Sudden stops and optimal foreign exchange intervention, Journal of International Economics, Elsevier (2023) Downloads View citations (4) (2023)

2019

  1. Capital Controls as Macro-prudential Policy in a Large Open Economy
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas Downloads View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) Downloads View citations (3)
  2. Endogenous Trade Protection and Exchange Rate Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
  3. Trade Flows and Exchange Rates: Importers, Exporters and Products
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    Also in Staff Working Papers, Bank of Canada (2019) Downloads

2018

  1. Commodity Currencies And Monetary Policy
    Working Paper, Economics Department, Queen's University Downloads View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2018) Downloads View citations (1)
  2. Endogenous Trade Policy and the Exchange Rate Adjustment
    Post-Print, HAL
    Also in Post-Print, HAL (2018)
  3. Exchange Rates, Local Currency Pricing and International Tax Policies
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
    See also Journal Article Exchange rates, local currency pricing and international tax policies, Journal of Monetary Economics, Elsevier (2021) Downloads View citations (3) (2021)
  4. Fiscal Policy in a Currency Union at the Zero Lower Bound
    ADBI Working Papers, Asian Development Bank Institute Downloads
    See also Journal Article Fiscal Policy in a Currency Union at the Zero Lower Bound, Journal of Money, Credit and Banking, Blackwell Publishing (2019) Downloads View citations (3) (2019)
  5. International Financial Integration in a Changing Policy Context – the End of an Era?
    MPRA Paper, University Library of Munich, Germany Downloads

2017

  1. Real Exchange Rates and Sectoral Productivity in the Eurozone
    GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit Downloads
    Also in Discussion Papers, School of Economics and Finance, Massey University, New Zealand (2017) Downloads View citations (2)
    Working Papers, New Zealand Centre of Macroeconomics (2017) Downloads View citations (2)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2014) Downloads View citations (29)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) Downloads View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) Downloads View citations (21)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (21)

    See also Journal Article Real Exchange Rates and Sectoral Productivity in the Eurozone, American Economic Review, American Economic Association (2018) Downloads View citations (52) (2018)

2016

  1. A New Dilemma: Capital Controls and Monetary Policy in Sudden-Stop Economies
    Working Papers, Hong Kong Institute for Monetary Research Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (19)
  2. Self-oriented monetary policy, global financial markets and excess volatility of international capital flows
    BIS Working Papers, Bank for International Settlements Downloads View citations (75)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) Downloads View citations (12)

    See also Journal Article Self-oriented monetary policy, global financial markets and excess volatility of international capital flows, Journal of International Money and Finance, Elsevier (2016) Downloads View citations (72) (2016)
  3. Stimulating investment through incorporation
    Working Papers, Oxford University Centre for Business Taxation Downloads View citations (6)

2015

  1. Exchange Rate Pass-Through, Currency of Invoicing and Market Share
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (42)
    Also in Staff Working Papers, Bank of Canada (2015) Downloads View citations (28)

2014

  1. Exchange Rate Flexibility under the Zero Lower Bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (8)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) Downloads View citations (5)

    See also Journal Article Exchange rate flexibility under the zero lower bound, Journal of International Economics, Elsevier (2016) Downloads View citations (37) (2016)
  2. Globalisation, Pass-through and the Optimal Policy Response to Exchange Rates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (36)
    Also in BIS Working Papers, Bank for International Settlements (2014) Downloads View citations (36)

    See also Journal Article Globalisation, pass-through and the optimal policy response to exchange rates, Journal of International Money and Finance, Elsevier (2014) Downloads View citations (38) (2014)
  3. International Financial Integration and Crisis Contagion
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (19)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) Downloads View citations (10)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (17)

    See also Journal Article International Financial Integration and Crisis Contagion, The Review of Economic Studies, Review of Economic Studies Ltd (2020) Downloads View citations (24) (2020)

2013

  1. Borders and Nominal Exchange Rates in Risk-Sharing
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University Downloads View citations (1)
    See also Journal Article Borders and Nominal Exchange Rates in Risk-Sharing, Journal of the European Economic Association, European Economic Association (2020) Downloads View citations (3) (2020)
  2. Capital Controls, Global Liquidity Traps and the International Policy Trilemma
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    See also Journal Article Capital Controls, Global Liquidity Traps, and the International Policy Trilemma, Scandinavian Journal of Economics, Wiley Blackwell (2014) Downloads View citations (38) (2014)
  3. Nominal Stability and Financial Globalization
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) Downloads View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) Downloads View citations (4)

    See also Journal Article Nominal Stability and Financial Globalization, Journal of Money, Credit and Banking, Blackwell Publishing (2014) Downloads View citations (11) (2014)
  4. The Optimal Currency Area in a Liquidity Trap
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)

2012

  1. International Risk Sharing
    MPRA Paper, University Library of Munich, Germany Downloads View citations (20)

2011

  1. Consumption Risk Sharing, the Real Exchange Rate, and Borders: Why Does the Exchange Rate Make Such a Difference?
    2011 Meeting Papers, Society for Economic Dynamics Downloads View citations (7)
  2. Consumption Risk-Sharing and the Real Exchange Rate: Why does the Nominal Exchange Rate Make Such a Difference?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
  3. Price Setting in a Leading Swiss Online Supermarket
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
    Also in Working Paper Series, Victoria University of Wellington, School of Economics and Finance (2011) Downloads
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) Downloads View citations (6)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2011) Downloads View citations (6)
  4. Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) Downloads View citations (2)

    See also Journal Article Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap, American Economic Journal: Macroeconomics, American Economic Association (2013) Downloads View citations (67) (2013)
  5. The Extensive Margin, Sectoral Shares and International Business Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    See also Journal Article The extensive margin, sectoral shares, and international business cycles, Canadian Journal of Economics, Canadian Economics Association (2012) Downloads View citations (6) (2012)
  6. What determines European real exchange rates?
    Working Paper Series, Victoria University of Wellington, School of Economics and Finance Downloads
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) Downloads View citations (15)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2010) Downloads View citations (19)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) Downloads View citations (10)

2010

  1. Fiscal Deficits, Debt, and Monetary Policy in a Liquidity Trap
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (9)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) Downloads View citations (1)

    See also Chapter Fiscal Deficits, Debt, and Monetary Policy in a Liquidity Trap, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2011) Downloads View citations (15) (2011)
  2. Leverage Constraints and the International Transmission of Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (252)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) Downloads View citations (193)
    RBA Research Discussion Papers, Reserve Bank of Australia (2009) Downloads View citations (25)
    Working Papers, Hong Kong Institute for Monetary Research (2010) Downloads View citations (255)
    2010 Meeting Papers, Society for Economic Dynamics (2010) Downloads View citations (245)

    See also Journal Article Leverage Constraints and the International Transmission of Shocks, Journal of Money, Credit and Banking, Blackwell Publishing (2010) View citations (246) (2010)
  3. The Direct Incidence of Corporate Income Tax on Wages
    IZA Discussion Papers, Institute of Labor Economics (IZA) Downloads View citations (17)

2009

  1. A Portfolio Model of Capital Flows to Emerging Markets
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (71)
    See also Journal Article A portfolio model of capital flows to emerging markets, Journal of Development Economics, Elsevier (2009) Downloads View citations (72) (2009)
  2. Consumption And Real Exchange Rates In Professional Forecasts
    Working Paper, Economics Department, Queen's University Downloads View citations (16)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (16)
    BIS Working Papers, Bank for International Settlements (2009) Downloads View citations (15)

    See also Journal Article Consumption and real exchange rates in professional forecasts, Journal of International Economics, Elsevier (2012) Downloads View citations (20) (2012)
  3. International and Intra-national Real Exchange Rates: Evidence and Theory
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (4)
  4. The Distorting Arm's Length Principle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (4)
  5. Valuation Effects and the Dynamics of Net External Assets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) Downloads View citations (11)

    See also Journal Article Valuation effects and the dynamics of net external assets, Journal of International Economics, Elsevier (2010) Downloads View citations (79) (2010)

2008

  1. Country Portfolios in Open Economy Macro Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (20)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2008) Downloads View citations (54)

    See also Journal Article COUNTRY PORTFOLIOS IN OPEN ECONOMY MACRO‐MODELS, Journal of the European Economic Association, European Economic Association (2011) Downloads View citations (147) (2011)
  2. Financial globalization and monetary policy
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank Downloads View citations (51)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (10)
    IMF Working Papers, International Monetary Fund (2007) Downloads View citations (10)

    See also Journal Article Financial globalization and monetary policy, Journal of Monetary Economics, Elsevier (2008) Downloads View citations (50) (2008)
  3. Vehicle Currency
    Working Papers, University of Toronto, Department of Economics Downloads View citations (8)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2008) Downloads View citations (3)

    See also Journal Article VEHICLE CURRENCY, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2013) Downloads View citations (23) (2013)

2007

  1. Country Portfolio Dynamics
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis Downloads View citations (25)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) Downloads View citations (24)
    IMF Working Papers, International Monetary Fund (2007) Downloads View citations (32)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) Downloads View citations (27)

    See also Journal Article Country portfolio dynamics, Journal of Economic Dynamics and Control, Elsevier (2010) Downloads View citations (96) (2010)
  2. Expectations and Exchange Rate Policy
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) Downloads View citations (23)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (23)
  3. Financial Globalization and Emerging Market Portfolios
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan Downloads View citations (7)
    See also Journal Article Financial Globalization and Emerging Market Portfolios, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2007) Downloads View citations (7) (2007)
  4. Solving for Country Portfolios in Open Economy Macro Models
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (20)
    Also in IMF Working Papers, International Monetary Fund (2007) Downloads View citations (21)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) Downloads View citations (93)

2006

  1. A Portfolio Theory of International Capital Flows
    The Institute for International Integration Studies Discussion Paper Series, IIIS Downloads View citations (32)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) Downloads View citations (28)
    Working Papers, Hong Kong Institute for Monetary Research (2006) Downloads View citations (47)
  2. Currency Appreciation and Current Account Adjustment
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (9)
    See also Journal Article Currency appreciation and current account adjustment, Journal of International Money and Finance, Elsevier (2007) Downloads View citations (35) (2007)
  3. Expenditure Switching vs. Real Exchange Rate Stabilization: Competing Objectives for Exchange Rate Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    Also in Working Paper Series, European Central Bank (2006) Downloads View citations (12)
    Working Papers, Hong Kong Institute for Monetary Research (2005) Downloads View citations (4)
  4. Global Current Account Adjustments: A Decomposition
    2006 Meeting Papers, Society for Economic Dynamics
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) Downloads

    See also Journal Article Global current account adjustment: a decomposition, Proceedings, Federal Reserve Bank of San Francisco (2006) Downloads (2006)

2005

  1. Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?
    IMF Working Papers, International Monetary Fund Downloads View citations (4)
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004) Downloads

    See also Journal Article Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?, IMF Staff Papers, Palgrave Macmillan (2006) Downloads View citations (13) (2006)
  2. Exchange Rates and Monetary Policy in Emerging Market Economies
    The Institute for International Integration Studies Discussion Paper Series, IIIS Downloads View citations (16)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) Downloads View citations (66)
    Economic Papers, Trinity College Dublin, Economics Department (2001) Downloads View citations (23)
    CEG Working Papers, Trinity College Dublin, Economics Department (2001) Downloads View citations (25)
    Working Papers, Hong Kong Institute for Monetary Research (2000) Downloads View citations (11)

    See also Journal Article Exchange Rates and Monetary Policy in Emerging Market Economies, Economic Journal, Royal Economic Society (2006) View citations (302) (2006)
  3. Transfer Problem Dynamics: Macroeconomics Of The Franco-prussian War Indemnity
    Working Paper, Economics Department, Queen's University Downloads View citations (13)
    Also in Working Papers, Hong Kong Institute for Monetary Research (2004) Downloads View citations (1)

    See also Journal Article Transfer problem dynamics: Macroeconomics of the Franco-Prussian war indemnity, Journal of Monetary Economics, Elsevier (2007) Downloads View citations (22) (2007)

2004

  1. A Simple Model of Optimal Monetary Policy with Financial Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (10)
  2. Dollar bloc or dollar block: external currency pricing and the East Asian crisis
    Working Paper Series, Federal Reserve Bank of San Francisco Downloads
  3. Endogeneity of the Optimal Currency Area Revisited
    Econometric Society 2004 North American Winter Meetings, Econometric Society
  4. Exchange Rate Regimes, Specialization and Trave Volume
    Working Papers, Hong Kong Institute for Monetary Research Downloads
    See also Journal Article Exchange Rate Regimes, Specialization and Trade Volume, The B.E. Journal of Macroeconomics, De Gruyter (2006) Downloads (2006)
  5. External Currency Pricing and the East Asian Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (1)
    See also Journal Article External currency pricing and the East Asian crisis, Journal of International Economics, Elsevier (2006) Downloads View citations (59) (2006)
  6. Global Monetary Policy Under a Dollar Standard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (11)
    See also Journal Article Global monetary policy under a dollar standard, Journal of International Economics, Elsevier (2007) Downloads View citations (55) (2007)
  7. State Dependent Pricing and Business Cycle Asymmetries
    2004 Meeting Papers, Society for Economic Dynamics Downloads View citations (10)
    See also Journal Article STATE DEPENDENT PRICING AND BUSINESS CYCLE ASYMMETRIES, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2007) View citations (55) (2007)

2003

  1. Endogenous Exchange Rate Pass-through when Nominal Prices are Set in Advance
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (39)
    Also in CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2003) Downloads View citations (29)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) Downloads View citations (12)
    Working Papers, Hong Kong Institute for Monetary Research (2002) Downloads View citations (11)

    See also Journal Article Endogenous exchange rate pass-through when nominal prices are set in advance, Journal of International Economics, Elsevier (2004) Downloads View citations (243) (2004)
  2. Exchange Rate Policy and Endogenous Price Flexibility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (1)
    See also Journal Article Exchange Rate Policy and Endogenous Price Flexibility, Journal of the European Economic Association, MIT Press (2006) Downloads View citations (9) (2006)

2002

  1. Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (280)
    See also Journal Article Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect, Journal of Monetary Economics, Elsevier (2002) Downloads View citations (289) (2002)
  2. Price Setting and Exhange Rate Pass-Through
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (50)
  3. Understanding Bilateral Exchange Rate Volatility
    Economic Papers, Trinity College Dublin, Economics Department Downloads View citations (9)
    Also in CEG Working Papers, Trinity College Dublin, Economics Department (2002) Downloads View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) Downloads View citations (9)

    See also Journal Article Understanding bilateral exchange rate volatility, Journal of International Economics, Elsevier (2003) Downloads View citations (142) (2003)

2001

  1. Endogenous Currency of Price Setting in a Dynamic Open Economy Model
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (122)
  2. Financial Constraints and Exchange Rate Flexibility in Emerging Market Economies
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (2)
  3. International Risk-Sharing and the Exchange Rate: Re-evaluating the Case for Flexible Exchange Rates
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) Downloads View citations (29)
  4. Predetermined Prices and the Persistent Effects of Money on Output
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (5)
    Also in Staff Working Papers, Bank of Canada (2001) Downloads View citations (5)

    See also Journal Article Predetermined Prices and the Persistent Effects of Money on Output, Journal of Money, Credit and Banking, Blackwell Publishing (2003) View citations (34) (2003)

2000

  1. A Simple Dynamic General Equilibrium Analysis of the Trade-off Between Fixed and Floating Exchange Rates
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (4)
  2. A Simple Dynamic General Equilibrium Model Of The Tradeoff Between Fixed And Floating Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (2)
  3. Monetary Policy In The Open Economy Revisited: Price Setting Rules And Exchange Rate Flexibility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (112)
  4. Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibiity
    Working Papers, University of Washington, Department of Economics Downloads View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (172)
    Working Papers, Hong Kong Institute for Monetary Research (2000) Downloads View citations (121)
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) Downloads View citations (13)

    See also Journal Article Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility, The Review of Economic Studies, Review of Economic Studies Ltd (2003) Downloads View citations (571) (2003)
  5. Mundell Revisited: A simple approach to the Costs and Benefits of a Single Currency Area
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (6)
    See also Journal Article Mundell Revisited: a Simple Approach to the Costs and Benefits of a Single Currency Area, Review of International Economics, Wiley Blackwell (2003) Downloads View citations (28) (2003)
  6. Risk Sharing and the Theory of Optimal Currency Areas: A Re-examination of Mundell 1973
    Working Papers, Hong Kong Institute for Monetary Research Downloads View citations (6)
  7. The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production
    Working Papers, University of Washington, Department of Economics Downloads View citations (8)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) Downloads View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (1999) Downloads View citations (31)

    See also Chapter The Optimal Choice of Exchange Rate Regime: Price-Setting Rules and Internationalized Production, NBER Chapters, National Bureau of Economic Research, Inc (2001) Downloads View citations (7) (2001)

1999

  1. Exchange Rate Pass-Through and the Welfare Effects of the Euro
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (39)
    Also in Working Papers, University of Washington, Department of Economics (1999) Downloads View citations (38)
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1999) Downloads View citations (46)

    See also Journal Article Exchange Rate Pass-Through and the Welfare Effects of the Euro, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2003) Downloads View citations (82) (2003)

1998

  1. Fixed vs. Floating Exchange Rates: How Price Setting Affects the Optimal Choice of Exchange-Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (167)

1993

  1. A Dynamic Model Of Trade Union Contract Duration
    Working Paper, Economics Department, Queen's University Downloads
  2. Exit and Entry, Increasing Returns to Specialization, and Business Cycles
    Working Paper, Economics Department, Queen's University Downloads View citations (6)
  3. The Stability of Economic Integration and Endogenous Growth
    Queen's Institute for Economic Research Discussion Papers, Queen's University - Department of Economics Downloads View citations (1)
    Also in Working Paper, Economics Department, Queen's University (1993) Downloads

    See also Journal Article The Stability of Economic Integration and Endogenous Growth, The Quarterly Journal of Economics, President and Fellows of Harvard College (1994) Downloads View citations (67) (1994)

1992

  1. An Examination of the "Exoansionay Fiscal Contraction" Hypothesis
    Working Papers, New South Wales - School of Economics
    Also in Working Papers, School of Economics, University College Dublin (1992) Downloads View citations (2)

1991

  1. International Risk Sharing and Economic Growth
    Working Paper, Economics Department, Queen's University Downloads View citations (4)
    See also Journal Article International Risk Sharing and Economic Growth, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1994) Downloads View citations (185) (1994)

1990

  1. Growth, Specialization, and Trade Liberalization
    Working Paper, Economics Department, Queen's University Downloads View citations (3)
    Also in Working Papers, School of Economics, University College Dublin (1990) Downloads

    See also Journal Article Growth, Specialization, and Trade Liberalization, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1997) View citations (26) (1997)
  2. Realistic Cross-Country Consumption Correlations in a Two-Country, Equilibrium, Business Cycle Model
    Working Paper, Economics Department, Queen's University Downloads View citations (5)
    See also Journal Article Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model, Journal of International Money and Finance, Elsevier (1992) Downloads View citations (117) (1992)
  3. Sustaining free trade in repeated games without government commitment
    Working Papers, School of Economics, University College Dublin Downloads View citations (1)
  4. The trade-off between precommitment and flexibility in trade union wage setting
    Working Papers, School of Economics, University College Dublin Downloads
    See also Journal Article The Trade-off between Precommitment and Flexibility in Trade Union Wage Setting, Oxford Economic Papers, Oxford University Press (1991) Downloads View citations (4) (1991)

1989

  1. A SURVEY OF SOME RECENT DEVELOPMENTS IN MACROECONOMICS
    Working Papers-Department of Finance Canada, Department of Finance Canada
  2. Capital Accumulation and the Current Account in a Two-Country Model
    Working Paper, Economics Department, Queen's University View citations (3)
    See also Journal Article Capital accumulation and the current account in a two-country model, Journal of International Economics, Elsevier (1991) Downloads View citations (48) (1991)
  3. Government Purchases and Real Interest Rates with Endogenous Time Preference
    Working Paper, Economics Department, Queen's University
    See also Journal Article Government purchases and real interest rates with endogenous time preference, Economics Letters, Elsevier (1991) Downloads View citations (7) (1991)
  4. Trade Unions, Non-Binding Wage Agreements, and Capital Accumulation
    Working Paper, Economics Department, Queen's University View citations (14)
    See also Journal Article Trade unions, non-binding wage agreements, and capital accumulation, European Economic Review, Elsevier (1991) Downloads View citations (32) (1991)

1986

  1. A Positive Theory of Fiscal Policy in Open Economies
    Working Paper, Economics Department, Queen's University View citations (3)
    See also Chapter A Positive Theory of Fiscal Policy in Open Economies, NBER Chapters, National Bureau of Economic Research, Inc (1988) Downloads View citations (3) (1988)

1985

  1. Trade Unions and the Choice of Capital Stock
    Working Paper, Economics Department, Queen's University View citations (20)

1984

  1. Fiscal Policy and the Real Exchange Rate
    Working Paper, Economics Department, Queen's University View citations (1)
    See also Journal Article Fiscal policy and the real exchange rate, European Economic Review, Elsevier (1990) Downloads View citations (18) (1990)
  2. Fiscal Policy and the Real Exchange Rate Queen's Discussion Paper
    Queen's Institute for Economic Research Discussion Papers, Queen's University - Department of Economics Downloads

Journal Articles

2023

  1. Consumption heterogeneity and monetary policy in an open economy
    Journal of Monetary Economics, 2023, 140, (C), 1-15 Downloads
    See also Working Paper Consumption Heterogeneity and Monetary Policy in an Open Economy, NBER Working Papers (2022) Downloads (2022)
  2. Production Networks And International Fiscal Spillovers
    The Economic Journal, 2023, 133, (653), 1871-1900 Downloads
    See also Working Paper Production Networks and International Fiscal Spillovers, Post-Print (2023) (2023)
  3. Sudden stops and optimal foreign exchange intervention
    Journal of International Economics, 2023, 141, (C) Downloads View citations (4)
    See also Working Paper Sudden Stops and Optimal Foreign Exchange Intervention, NBER Working Papers (2020) Downloads View citations (8) (2020)

2022

  1. Capital Controls for Crisis Management Policy in a Global Economy
    American Economic Journal: Macroeconomics, 2022, 14, (1), 60-82 Downloads
  2. Pandemics through the lens of occupations
    Canadian Journal of Economics/Revue canadienne d'économique, 2022, 55, (S1), 540-580 Downloads View citations (1)
    See also Working Paper Pandemics Through the Lens of Occupations, NBER Working Papers (2020) Downloads View citations (2) (2020)
  3. Self-enforcing trade policy and exchange rate adjustment
    Journal of International Economics, 2022, 134, (C) Downloads View citations (2)

2021

  1. Exchange rates, local currency pricing and international tax policies
    Journal of Monetary Economics, 2021, 117, (C), 460-472 Downloads View citations (3)
    See also Working Paper Exchange Rates, Local Currency Pricing and International Tax Policies, NBER Working Papers (2018) Downloads View citations (7) (2018)
  2. Testing the Present‐Value Model of the Exchange Rate with Commodity Currencies
    Journal of Money, Credit and Banking, 2021, 53, (2-3), 589-596 Downloads View citations (3)

2020

  1. Borders and Nominal Exchange Rates in Risk-Sharing
    Journal of the European Economic Association, 2020, 18, (3), 1238-1283 Downloads View citations (3)
    See also Working Paper Borders and Nominal Exchange Rates in Risk-Sharing, CAMA Working Papers (2013) Downloads View citations (1) (2013)
  2. Implementable Rules for International Monetary Policy Coordination
    IMF Economic Review, 2020, 68, (1), 108-162 Downloads View citations (9)
  3. International Financial Integration and Crisis Contagion
    The Review of Economic Studies, 2020, 87, (3), 1174-1212 Downloads View citations (24)
    See also Working Paper International Financial Integration and Crisis Contagion, CEPR Discussion Papers (2014) Downloads View citations (19) (2014)
  4. International capital flows, portfolio composition, and the stability of external imbalances
    Journal of International Economics, 2020, 127, (C) Downloads View citations (1)

2019

  1. Capital controls and monetary policy in sudden-stop economies
    Journal of Monetary Economics, 2019, 103, (C), 52-74 Downloads View citations (23)
  2. Evaluating the role of capital controls and monetary policy in emerging market crises
    Journal of International Money and Finance, 2019, 95, (C), 189-211 Downloads View citations (18)
  3. Fiscal Policy in a Currency Union at the Zero Lower Bound
    Journal of Money, Credit and Banking, 2019, 51, (S1), 43-82 Downloads View citations (3)
    See also Working Paper Fiscal Policy in a Currency Union at the Zero Lower Bound, ADBI Working Papers (2018) Downloads (2018)
  4. Models of international fiscal spillovers
    Economics Letters, 2019, 175, (C), 76-79 Downloads View citations (1)

2018

  1. International Fiscal Spillovers: A Review Essay
    Korean Economic Review, 2018, 34, 29-50 Downloads View citations (2)
  2. Real Exchange Rates and Sectoral Productivity in the Eurozone
    American Economic Review, 2018, 108, (6), 1543-81 Downloads View citations (52)
    See also Working Paper Real Exchange Rates and Sectoral Productivity in the Eurozone, GRU Working Paper Series (2017) Downloads (2017)

2017

  1. Exchange Rate Adjustment in Financial Crises
    IMF Economic Review, 2017, 65, (3), 528-562 Downloads View citations (8)
  2. Importers and exporters in exchange rate pass-through and currency invoicing
    Journal of International Economics, 2017, 105, (C), 187-204 Downloads View citations (65)
  3. The Canadian border and the US dollar: The impact of exchange rate changes on US retailers
    Canadian Journal of Economics, 2017, 50, (5), 1525-1555 Downloads View citations (4)
    Also in Canadian Journal of Economics/Revue canadienne d'économique, 2017, 50, (5), 1525-1555 (2017) Downloads View citations (4)

2016

  1. Exchange rate flexibility under the zero lower bound
    Journal of International Economics, 2016, 101, (C), 52-69 Downloads View citations (37)
    See also Working Paper Exchange Rate Flexibility under the Zero Lower Bound, CEPR Discussion Papers (2014) Downloads View citations (8) (2014)
  2. Self-oriented monetary policy, global financial markets and excess volatility of international capital flows
    Journal of International Money and Finance, 2016, 68, (C), 275-297 Downloads View citations (72)
    See also Working Paper Self-oriented monetary policy, global financial markets and excess volatility of international capital flows, BIS Working Papers (2016) Downloads View citations (75) (2016)

2014

  1. Capital Controls, Global Liquidity Traps, and the International Policy Trilemma
    Scandinavian Journal of Economics, 2014, 116, (1), 158-189 Downloads View citations (38)
    See also Working Paper Capital Controls, Global Liquidity Traps and the International Policy Trilemma, NBER Working Papers (2013) Downloads View citations (3) (2013)
  2. Globalisation, pass-through and the optimal policy response to exchange rates
    Journal of International Money and Finance, 2014, 49, (PA), 104-128 Downloads View citations (38)
    See also Working Paper Globalisation, Pass-through and the Optimal Policy Response to Exchange Rates, NBER Working Papers (2014) Downloads View citations (36) (2014)
  3. Nominal Stability and Financial Globalization
    Journal of Money, Credit and Banking, 2014, 46, (5), 921-959 Downloads View citations (11)
    See also Working Paper Nominal Stability and Financial Globalization, SIRE Discussion Papers (2013) Downloads View citations (4) (2013)

2013

  1. Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap
    American Economic Journal: Macroeconomics, 2013, 5, (3), 190-228 Downloads View citations (67)
    See also Working Paper Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap, NBER Working Papers (2011) Downloads View citations (5) (2011)
  2. Trends in European real exchange rates
    (Trade costs)
    Economic Policy, 2013, 28, (74), 193-242 Downloads View citations (26)
  3. VEHICLE CURRENCY
    International Economic Review, 2013, 54, (1), 97-133 Downloads View citations (23)
    See also Working Paper Vehicle Currency, Working Papers (2008) Downloads View citations (8) (2008)

2012

  1. Consumption and real exchange rates in professional forecasts
    Journal of International Economics, 2012, 86, (1), 33-42 Downloads View citations (20)
    See also Working Paper Consumption And Real Exchange Rates In Professional Forecasts, Working Paper (2009) Downloads View citations (16) (2009)
  2. Real Exchange Rate Adjustment in and out of the Eurozone
    American Economic Review, 2012, 102, (3), 179-85 Downloads View citations (56)
  3. Symposium on international risk sharing: Introduction
    Canadian Journal of Economics/Revue canadienne d'économique, 2012, 45, (2), 373-375 Downloads View citations (15)
  4. The extensive margin, sectoral shares, and international business cycles
    Canadian Journal of Economics, 2012, 45, (2), 509-534 Downloads View citations (6)
    Also in Canadian Journal of Economics/Revue canadienne d'économique, 2012, 45, (2), 509-534 (2012) Downloads View citations (7)

    See also Working Paper The Extensive Margin, Sectoral Shares and International Business Cycles, NBER Working Papers (2011) Downloads View citations (2) (2011)

2011

  1. Advances in international macroeconomics: Lessons from the crisis
    European Economic Review, 2011, 55, (3), 307-308 Downloads View citations (3)
  2. COUNTRY PORTFOLIOS IN OPEN ECONOMY MACRO‐MODELS
    Journal of the European Economic Association, 2011, 9, (2), 337-369 Downloads View citations (147)
    See also Working Paper Country Portfolios in Open Economy Macro Models, NBER Working Papers (2008) Downloads View citations (20) (2008)
  3. Cooperative fiscal policy at the zero lower bound
    Journal of the Japanese and International Economies, 2011, 25, (4), 465-486 Downloads View citations (1)
    See also Chapter Cooperative Fiscal Policy at the Zero Lower Bound, NBER Chapters, 2010 (2010) (2010)
  4. Evaluating international financial integration under leverage constraints
    European Economic Review, 2011, 55, (3), 427-442 Downloads View citations (51)
  5. Monetary Policy in Economic Crises: A Simple Model of Policy with External Financial Constraints
    International Economic Journal, 2011, 25, (4), 683-711 Downloads View citations (1)
  6. Optimal fiscal policy in a world liquidity trap
    European Economic Review, 2011, 55, (4), 443-462 Downloads View citations (34)

2010

  1. Country portfolio dynamics
    Journal of Economic Dynamics and Control, 2010, 34, (7), 1325-1342 Downloads View citations (96)
    See also Working Paper Country Portfolio Dynamics, CDMA Conference Paper Series (2007) Downloads View citations (25) (2007)
  2. JIE special issue on international macro-finance
    Journal of International Economics, 2010, 80, (1), 1-2 Downloads View citations (1)
  3. Leverage Constraints and the International Transmission of Shocks
    Journal of Money, Credit and Banking, 2010, 42, (s1), 71-105 View citations (246)
    Also in Journal of Money, Credit and Banking, 2010, 42, (s1), 71-105 (2010) Downloads View citations (41)

    See also Working Paper Leverage Constraints and the International Transmission of Shocks, NBER Working Papers (2010) Downloads View citations (252) (2010)
  4. Oil Currency and the Dollar Standard: A Simple Analytical Model of an International Trade Currency
    Journal of Money, Credit and Banking, 2010, 42, (4), 521-550 View citations (15)
    Also in Journal of Money, Credit and Banking, 2010, 42, (4), 521-550 (2010) Downloads View citations (3)
  5. Price adjustment and exchange rate pass-through
    Journal of International Money and Finance, 2010, 29, (1), 181-200 Downloads View citations (123)
  6. Valuation effects and the dynamics of net external assets
    Journal of International Economics, 2010, 80, (1), 129-143 Downloads View citations (79)
    See also Working Paper Valuation Effects and the Dynamics of Net External Assets, CEPR Discussion Papers (2009) Downloads View citations (7) (2009)

2009

  1. A portfolio model of capital flows to emerging markets
    Journal of Development Economics, 2009, 89, (2), 181-193 Downloads View citations (72)
    See also Working Paper A Portfolio Model of Capital Flows to Emerging Markets, Working Papers (2009) Downloads View citations (71) (2009)
  2. A simple model of emerging market portfolio structure
    International Review of Economics & Finance, 2009, 18, (3), 457-468 Downloads View citations (9)
  3. Introduction to the special issue of IREF on macroeconomics of Asia
    International Review of Economics & Finance, 2009, 18, (3), 363-365 Downloads
  4. Much Appreciated? The Rise of the Canadian Dollar
    Review of Economic Analysis, 2009, 1, (1), 1-33 Downloads View citations (2)

2008

  1. Financial globalization and monetary policy
    Journal of Monetary Economics, 2008, 55, (8), 1363-1375 Downloads View citations (50)
    See also Working Paper Financial globalization and monetary policy, Discussion Paper Series 1: Economic Studies (2008) Downloads View citations (51) (2008)

2007

  1. Currency appreciation and current account adjustment
    Journal of International Money and Finance, 2007, 26, (4), 570-586 Downloads View citations (35)
    See also Working Paper Currency Appreciation and Current Account Adjustment, Working Papers (2006) Downloads View citations (9) (2006)
  2. Expectations, Monetary Policy, and the Misalignment of Traded Goods Prices [with Comments]
    NBER International Seminar on Macroeconomics, 2007, 2007, (1), 131 - 172 Downloads View citations (3)
  3. Expenditure switching versus real exchange rate stabilization: Competing objectives for exchange rate policy
    Journal of Monetary Economics, 2007, 54, (8), 2346-2374 Downloads View citations (83)
  4. Financial Globalization and Emerging Market Portfolios
    Monetary and Economic Studies, 2007, 25, (S1), 101-130 Downloads View citations (7)
    See also Working Paper Financial Globalization and Emerging Market Portfolios, IMES Discussion Paper Series (2007) Downloads View citations (7) (2007)
  5. Global monetary policy under a dollar standard
    Journal of International Economics, 2007, 71, (1), 113-132 Downloads View citations (55)
    See also Working Paper Global Monetary Policy Under a Dollar Standard, CEPR Discussion Papers (2004) Downloads View citations (11) (2004)
  6. Monetary Policy and Portfolio Choice Choice in an Open Economy Macro Model
    Journal of the European Economic Association, 2007, 5, (2-3), 491-499 Downloads View citations (50)
  7. STATE DEPENDENT PRICING AND BUSINESS CYCLE ASYMMETRIES
    International Economic Review, 2007, 48, (1), 281-310 View citations (55)
    See also Working Paper State Dependent Pricing and Business Cycle Asymmetries, 2004 Meeting Papers (2004) Downloads View citations (10) (2004)
  8. Transfer problem dynamics: Macroeconomics of the Franco-Prussian war indemnity
    Journal of Monetary Economics, 2007, 54, (8), 2375-2398 Downloads View citations (22)
    See also Working Paper Transfer Problem Dynamics: Macroeconomics Of The Franco-prussian War Indemnity, Working Paper (2005) Downloads View citations (13) (2005)

2006

  1. "Emerging markets and macroeconomic volatility: Lessons from a decade of financial debacles", a symposium for the Journal of International Economics
    Journal of International Economics, 2006, 69, (1), 1-5 Downloads View citations (6)
  2. A Theoretical Growth Model for Ireland
    The Economic and Social Review, 2006, 37, (2), 245-262 Downloads View citations (7)
  3. Accounting for the East Asian Crisis: A Quantitative Model of Capital Outflows in Small Open Economies
    Journal of Money, Credit and Banking, 2006, 38, (3), 721-749 Downloads View citations (35)
  4. Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?
    IMF Staff Papers, 2006, 53, 8 Downloads View citations (13)
    See also Working Paper Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?, IMF Working Papers (2005) Downloads View citations (4) (2005)
  5. Capital inflows, fiscal discretion, and exchange rate policy
    European Economic Review, 2006, 50, (8), 1975-1992 Downloads View citations (5)
  6. Exchange Rate Policy and Endogenous Price Flexibility
    Journal of the European Economic Association, 2006, 4, (4), 735-769 Downloads View citations (9)
    See also Working Paper Exchange Rate Policy and Endogenous Price Flexibility, CEPR Discussion Papers (2003) Downloads View citations (1) (2003)
  7. Exchange Rate Regimes, Specialization and Trade Volume
    The B.E. Journal of Macroeconomics, 2006, 6, (2), 1-36 Downloads
    See also Working Paper Exchange Rate Regimes, Specialization and Trave Volume, Working Papers (2004) Downloads (2004)
  8. Exchange Rates and Monetary Policy in Emerging Market Economies
    Economic Journal, 2006, 116, (511), 478-506 View citations (302)
    See also Working Paper Exchange Rates and Monetary Policy in Emerging Market Economies, The Institute for International Integration Studies Discussion Paper Series (2005) Downloads View citations (16) (2005)
  9. External currency pricing and the East Asian crisis
    Journal of International Economics, 2006, 69, (1), 37-63 Downloads View citations (59)
    See also Working Paper External Currency Pricing and the East Asian Crisis, CEPR Discussion Papers (2004) Downloads View citations (1) (2004)
  10. Global current account adjustment: a decomposition
    Proceedings, 2006, (Jun), 1-25 Downloads
    See also Working Paper Global Current Account Adjustments: A Decomposition, 2006 Meeting Papers (2006) (2006)

2005

  1. Friedman redux: Restricting monetary policy rules to support flexible exchange rates
    Economics Letters, 2005, 87, (3), 291-299 Downloads View citations (5)

2004

  1. Endogenous exchange rate pass-through when nominal prices are set in advance
    Journal of International Economics, 2004, 63, (2), 263-291 Downloads View citations (243)
    See also Working Paper Endogenous Exchange Rate Pass-through when Nominal Prices are Set in Advance, NBER Working Papers (2003) Downloads View citations (39) (2003)
  2. Monetary policy rules and exchange rate flexibility in a simple dynamic general equilibrium model
    Journal of Macroeconomics, 2004, 26, (2), 287-308 Downloads View citations (13)
  3. Should the exchange rate be a shock absorber?
    Journal of International Economics, 2004, 62, (2), 359-377 Downloads View citations (57)

2003

  1. A Macroeconomic Analysis of EU Accession under Alternative Monetary Policies
    Journal of Common Market Studies, 2003, 41, (5), 941-964 Downloads View citations (15)
  2. A Tale of Two Currencies: the Asian Crisis and the Exchange Rate Regimes of Hong Kong and Singapore
    Review of International Economics, 2003, 11, (1), 38-54 Downloads View citations (24)
  3. Exchange Rate Pass-Through and the Welfare Effects of the Euro
    International Economic Review, 2003, 44, (1), 223-242 Downloads View citations (82)
    See also Working Paper Exchange Rate Pass-Through and the Welfare Effects of the Euro, NBER Working Papers (1999) Downloads View citations (39) (1999)
  4. Expansionary fiscal contraction: A theoretical exploration
    Journal of Macroeconomics, 2003, 25, (1), 1-23 Downloads View citations (25)
  5. Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility
    The Review of Economic Studies, 2003, 70, (4), 765-783 Downloads View citations (571)
    See also Working Paper Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibiity, Working Papers (2000) Downloads View citations (12) (2000)
  6. Mundell Revisited: a Simple Approach to the Costs and Benefits of a Single Currency Area
    Review of International Economics, 2003, 11, (4), 674-691 Downloads View citations (28)
    See also Working Paper Mundell Revisited: A simple approach to the Costs and Benefits of a Single Currency Area, Working Papers (2000) Downloads View citations (6) (2000)
  7. Predetermined Prices and the Persistent Effects of Money on Output
    Journal of Money, Credit and Banking, 2003, 35, (5), 729-41 View citations (34)
    See also Working Paper Predetermined Prices and the Persistent Effects of Money on Output, CEPR Discussion Papers (2001) Downloads View citations (5) (2001)
  8. Understanding bilateral exchange rate volatility
    Journal of International Economics, 2003, 60, (1), 109-132 Downloads View citations (142)
    See also Working Paper Understanding Bilateral Exchange Rate Volatility, Economic Papers (2002) Downloads View citations (9) (2002)

2002

  1. Capital Controls in Malaysia: Effectiveness and Side Effects
    Asian Economic Papers, 2002, 1, (1), 49-82 Downloads View citations (2)
  2. Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect
    Journal of Monetary Economics, 2002, 49, (5), 913-940 Downloads View citations (289)
    See also Working Paper Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect, NBER Working Papers (2002) Downloads View citations (280) (2002)
  3. Menu costs and the long-run output-inflation trade-off
    Economics Letters, 2002, 76, (1), 95-100 Downloads View citations (54)

2001

  1. Dynamic Gains from International Trade with Imperfect Competition and Market Power
    Review of Development Economics, 2001, 5, (2), 239-255 Downloads View citations (20)
  2. THE NEW INTERNATIONAL MACROECONOMICS: SOME POLICY IMPLICATIONS
    Economic Papers, 2001, 20, (S1), 30-41 Downloads

2000

  1. Erratum to "Exchange rate dynamics in a model of pricing-to-market": [Journal of International Economics 50 (2000) 214-244]
    Journal of International Economics, 2000, 52, (1), 207-208 Downloads View citations (367)
  2. Exchange rate dynamics in a model of pricing-to-market
    Journal of International Economics, 2000, 50, (1), 215-244 Downloads View citations (588)
  3. Government Spending and Welfare with Returns to Specialization
    Scandinavian Journal of Economics, 2000, 102, (4), 547-561 Downloads View citations (19)
  4. How does a devaluation affect the current account?
    Journal of International Money and Finance, 2000, 19, (6), 833-851 Downloads View citations (14)
  5. International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation
    Journal of Money, Credit and Banking, 2000, 32, (4), 722-45 View citations (27)

1999

  1. Endogenous trade policy and the gains from international financial markets
    Journal of Monetary Economics, 1999, 43, (1), 35-59 Downloads View citations (20)
  2. Growth and the dynamics of trade liberalization
    Journal of Economic Dynamics and Control, 1999, 23, (5-6), 773-795 Downloads
  3. Real Exchange Rate Trends and Growth: A Model of East Asia
    Review of International Economics, 1999, 7, (3), 509-21 View citations (31)

1998

  1. Political instability, capital taxation, and growth
    European Economic Review, 1998, 42, (9), 1635-1651 Downloads View citations (82)

1997

  1. Comment on "Money in a Real Business Cycle Model."
    Journal of Money, Credit and Banking, 1997, 29, (4), 616-23
  2. Growth and risk-sharing with incomplete international assets markets
    Journal of International Economics, 1997, 42, (3-4), 453-481 Downloads View citations (45)
  3. Growth, Specialization, and Trade Liberalization
    International Economic Review, 1997, 38, (3), 565-85 View citations (26)
    See also Working Paper Growth, Specialization, and Trade Liberalization, Working Paper (1990) Downloads View citations (3) (1990)
  4. Real Exchange Rates and Macroeconomics: Evidence and Theory
    Canadian Journal of Economics, 1997, 30, (4), 773-808 View citations (69)

1996

  1. Aggregate fluctuations with increasing returns to specialization and scale
    Journal of Economic Dynamics and Control, 1996, 20, (4), 627-656 Downloads View citations (117)
  2. Monopolistic Competition, Increasing Returns, and the Effects of Government Spending
    Journal of Money, Credit and Banking, 1996, 28, (2), 233-54 Downloads View citations (167)
  3. The exchange rate in a model of pricing-to-market
    European Economic Review, 1996, 40, (3-5), 1007-1021 Downloads View citations (329)

1995

  1. Anticipated Budget Deficits and the Real Exchange Rate
    Canadian Journal of Economics, 1995, 28, (s1), 207-20 View citations (1)
  2. Money and the real exchange rate with sticky prices and increasing returns
    Carnegie-Rochester Conference Series on Public Policy, 1995, 43, (1), 55-101 Downloads View citations (34)
  3. The 'Expansionary Fiscal Contraction' Hypothesis: A Neo-Keynesian Analysis
    Oxford Economic Papers, 1995, 47, (2), 249-64 Downloads View citations (29)
  4. The Dynamic Effects of Government Spending Policies in a Two-Sector Endogenous Growth Model
    Journal of Money, Credit and Banking, 1995, 27, (1), 232-56 Downloads View citations (43)

1994

  1. International Risk Sharing and Economic Growth
    International Economic Review, 1994, 35, (3), 535-50 Downloads View citations (185)
    See also Working Paper International Risk Sharing and Economic Growth, Working Paper (1991) Downloads View citations (4) (1991)
  2. The Effects of Factor Taxation in a Two-Sector Model of Endogenous Growth
    Canadian Journal of Economics, 1994, 27, (3), 509-36 Downloads View citations (69)
  3. The Stability of Economic Integration and Endogenous Growth
    The Quarterly Journal of Economics, 1994, 109, (1), 299-305 Downloads View citations (67)
    See also Working Paper The Stability of Economic Integration and Endogenous Growth, Queen's Institute for Economic Research Discussion Papers (1993) Downloads View citations (1) (1993)

1993

  1. Monopolistic competition, technology shocks, and aggregate fluctuations
    Economics Letters, 1993, 41, (1), 57-61 Downloads View citations (10)

1992

  1. International Fiscal Policy Coordination and Economic Growth
    International Economic Review, 1992, 33, (2), 249-68 Downloads View citations (36)
  2. Macroeconomics, credibility, and politics: Torsten Persson and Guido Tabellini, (Harwood, Chur, Switzerland, 1990) pp. x + 187, $19.00
    Journal of International Economics, 1992, 32, (1-2), 193-195 Downloads
  3. Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model
    Journal of International Money and Finance, 1992, 11, (1), 3-16 Downloads View citations (117)
    See also Working Paper Realistic Cross-Country Consumption Correlations in a Two-Country, Equilibrium, Business Cycle Model, Working Paper (1990) Downloads View citations (5) (1990)

1991

  1. Capital accumulation and the current account in a two-country model
    Journal of International Economics, 1991, 30, (1-2), 1-25 Downloads View citations (48)
    See also Working Paper Capital Accumulation and the Current Account in a Two-Country Model, Working Paper (1989) View citations (3) (1989)
  2. Government purchases and real interest rates with endogenous time preference
    Economics Letters, 1991, 35, (2), 131-136 Downloads View citations (7)
    See also Working Paper Government Purchases and Real Interest Rates with Endogenous Time Preference, Working Paper (1989) (1989)
  3. The Terms of Trade and the International Coordination of Fiscal Policy
    Economic Inquiry, 1991, 29, (4), 720-36 View citations (32)
  4. The Trade-off between Precommitment and Flexibility in Trade Union Wage Setting
    Oxford Economic Papers, 1991, 43, (4), 549-69 Downloads View citations (4)
    See also Working Paper The trade-off between precommitment and flexibility in trade union wage setting, Working Papers (1990) Downloads (1990)
  5. Trade unions, non-binding wage agreements, and capital accumulation
    European Economic Review, 1991, 35, (7), 1411-1426 Downloads View citations (32)
    See also Working Paper Trade Unions, Non-Binding Wage Agreements, and Capital Accumulation, Working Paper (1989) View citations (14) (1989)

1990

  1. Fiscal policy and the real exchange rate
    European Economic Review, 1990, 34, (6), 1201-1211 Downloads View citations (18)
    See also Working Paper Fiscal Policy and the Real Exchange Rate, Working Paper (1984) View citations (1) (1984)
  2. International Cooperation, Precommitment, and Welfare
    International Economic Review, 1990, 31, (2), 439-56 Downloads View citations (6)

1989

  1. A Positive Theory of Inflation and Inflation Variance
    Economic Inquiry, 1989, 27, (1), 105-16 View citations (69)
  2. International Co-ordination of Macroeconomic Policies: A Review
    Canadian Public Policy, 1989, 15, (s1), 20-34
  3. Profit-Sharing and Optimal Labour Contracts
    Canadian Journal of Economics, 1989, 22, (2), 425-33 Downloads View citations (27)

1988

  1. Non-traded Goods and the International Transmission of Fiscal Policy
    Canadian Journal of Economics, 1988, 21, (2), 265-78 Downloads View citations (5)
  2. The Optimal Mix of Wage Indexation and Foreign Exchange Market Intervention
    Journal of Money, Credit and Banking, 1988, 20, (3), 381-92 Downloads View citations (9)

1987

  1. Fiscal spending, the terms of trade, and real interest rates
    Journal of International Economics, 1987, 22, (3-4), 219-235 Downloads View citations (4)
  2. The effect of monetary variability on welfare in a simple macroeconomic model
    Journal of Monetary Economics, 1987, 19, (3), 427-435 Downloads View citations (16)

1986

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

Books

2017

  1. NBER International Seminar on Macroeconomics 2016
    NBER Books, National Bureau of Economic Research, Inc

2016

  1. NBER International Seminar on Macroeconomics 2015
    NBER Books, National Bureau of Economic Research, Inc

2014

  1. Business Taxation (Trans-Atlantic Public Economics Seminar)
    NBER Books, National Bureau of Economic Research, Inc

Chapters

2018

  1. Discussion of Charles Engel and Feng Zhu’s paper
    A chapter in The price, real and financial effects of exchange rates, 2018, vol. 96, pp 12-18 Downloads
  2. Monetary Policy Responses to External Spillovers in Emerging Market Economies
    Chapter 06 in Monetary Policy and Global Spillovers: Mechanisms, Effects and Policy Measures, 2018, vol. 25, pp 183-223 Downloads

2014

  1. International Aspects of the Zero Lower Bound Constraint
    Chapter 12 in Macroeconomic and Financial Stability: challenges for Monetary Policy, 2014, vol. 19, pp 383-425 Downloads View citations (2)
  2. Responding to exchange rates in a globalised world
    A chapter in Globalisation, inflation and monetary policy in Asia and the Pacific, 2014, vol. 77, pp 97-117 Downloads View citations (3)

2013

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

2012

  1. The Elasticity of Corporate Taxable Income: New Evidence from UK Tax Records
    A chapter in Business Taxation (Trans-Atlantic Public Economics Seminar), 2012 View citations (1)

2011

  1. Fiscal Deficits, Debt, and Monetary Policy in a Liquidity Trap
    Chapter 10 in Monetary Policy under Financial Turbulence, 2011, vol. 16, pp 369-410 Downloads View citations (15)
    See also Working Paper Fiscal Deficits, Debt, and Monetary Policy in a Liquidity Trap, Central Bank of Chile (2010) Downloads View citations (9) (2010)

2010

  1. Cooperative Fiscal Policy at the Zero Lower Bound
    A chapter in Fiscal Policy and Crisis, 2010
    See also Journal Article Cooperative fiscal policy at the zero lower bound, Elsevier (2011) Downloads View citations (1) (2011)
  2. Financial deleveraging and the international transmission of shocks
    A chapter in The international financial crisis and policy challenges in Asia and the Pacific, 2010, vol. 52, pp 274-298 Downloads View citations (11)

2009

  1. Expectations, Monetary Policy, and the Misalignment of Traded Goods Prices
    A chapter in NBER International Seminar on Macroeconomics 2007, 2009, pp 131-157 Downloads View citations (3)

2001

  1. The Optimal Choice of Exchange Rate Regime: Price-Setting Rules and Internationalized Production
    A chapter in Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey, 2001, pp 163-194 Downloads View citations (7)
    See also Working Paper The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production, University of Washington, Department of Economics (2000) Downloads View citations (8) (2000)

1988

  1. A Positive Theory of Fiscal Policy in Open Economies
    A chapter in International Aspects of Fiscal Policies, 1988, pp 173-196 Downloads View citations (3)
    See also Working Paper A Positive Theory of Fiscal Policy in Open Economies, Economics Department, Queen's University (1986) View citations (3) (1986)
 
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