Details about Robert Neil Mccauley

Workplace:

Global Development Policy Center, Boston University, (more information at EDIRC) university of oxford, faculty of history

Access statistics for papers by Robert Neil Mccauley.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pmc17

---

Jump to Journal Articles Books Edited books Chapters

Working Papers

2022

1. London as a financial centre since Brexit: evidence from the 2022 BIS Triennial Survey
   BIS Bulletins, Bank for International Settlements

2021

2. Do Central Banks Rebalance Their Currency Shares?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article Do central banks rebalance their currency shares?, Journal of International Money and Finance, Elsevier (2022) View citations (9) (2022)

2020

3. Central bank swaps then and now: swaps and dollar liquidity in the 1960s
   BIS Working Papers, Bank for International Settlements View citations (25)

2019

4. A disaster under-(re)insurance puzzle: Home bias in disaster risk-bearing
   BIS Working Papers, Bank for International Settlements View citations (3)
   See also Journal Article A Disaster Under-(Re)Insurance Puzzle: Home Bias in Disaster Risk-Bearing, IMF Economic Review, Palgrave Macmillan (2022) View citations (2) (2022)
5. Geographic spread of currency trading: The renminbi and other EM currencies
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   Also in BIS Working Papers, Bank for International Settlements (2019) View citations (14)
6. Safe assets: made, not just born
   BIS Working Papers, Bank for International Settlements View citations (7)
7. The currency composition of foreign exchange reserves
   BIS Working Papers, Bank for International Settlements View citations (12)
   See also Journal Article Currency composition of foreign exchange reserves, Journal of International Money and Finance, Elsevier (2020) View citations (36) (2020)

2018

8. A key currency view of global imbalances
   BIS Working Papers, Bank for International Settlements View citations (5)
   See also Journal Article A key currency view of global imbalances, Journal of International Money and Finance, Elsevier (2019) View citations (22) (2019)
9. Recent RMB policy and currency co-movements
   BIS Working Papers, Bank for International Settlements View citations (16)
10. Triffin: dilemma or myth?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    Also in BIS Working Papers, Bank for International Settlements (2017) View citations (3)
    See also Journal Article Triffin: Dilemma or Myth?, IMF Economic Review, Palgrave Macmillan (2019) View citations (14) (2019)

2017

11. Financial deglobalisation in banking?
    BIS Working Papers, Bank for International Settlements View citations (30)
    Also in Economic Papers, Trinity College Dublin, Economics Department (2017) View citations (30)
    See also Journal Article Financial deglobalisation in banking?, Journal of International Money and Finance, Elsevier (2019) View citations (35) (2019)

2016

12. Asset managers, eurodollars and unconventional monetary policy
    BIS Working Papers, Bank for International Settlements View citations (3)
13. The failure of covered interest parity: FX hedging demand and costly balance sheets
    BIS Working Papers, Bank for International Settlements View citations (68)

2015

14. Breaking free of the triple coincidence in international finance
    BIS Working Papers, Bank for International Settlements View citations (47)
    See also Journal Article Breaking free of the triple coincidence in international finance, Economic Policy, CEPR, CESifo, Sciences Po (2016) View citations (71) (2016)
15. Currency intervention and the global portfolio balance effect: Japanese lessons
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo
    Also in BIS Working Papers, Bank for International Settlements (2012) View citations (5)
    Papers, Economic and Social Research Institute (ESRI) (2012) View citations (5)
    See also Journal Article Currency intervention and the global portfolio balance effect: Japanese lessons, Journal of the Japanese and International Economies, Elsevier (2016) View citations (8) (2016)
16. Global dollar credit: links to US monetary policy and leverage
    BIS Working Papers, Bank for International Settlements View citations (187)
    See also Journal Article Global dollar credit: links to US monetary policy and leverage, Economic Policy, CEPR, CESifo, Sciences Po (2015) View citations (191) (2015)

2014

17. Benchmark tipping in the global bond market
    BIS Working Papers, Bank for International Settlements View citations (6)
18. Financial openness of China and India- Implications for capital account liberalisation
    Bruegel Working Papers, Bruegel View citations (6)
19. Reforming the international monetary system in the 1970s and 2000s: would an SDR substitution account have worked?
    BIS Working Papers, Bank for International Settlements View citations (6)

2013

20. Global and euro imbalances: China and Germany
    BIS Working Papers, Bank for International Settlements View citations (11)
    See also Chapter Global and Euro Imbalances: China and Germany, SUERF 50th Anniversary Volume Chapters, SUERF - The European Money and Finance Forum (2013) View citations (11) (2013)
21. Is China or India more financially open?
    BIS Working Papers, Bank for International Settlements View citations (16)
    See also Journal Article Is China or India more financially open?, Journal of International Money and Finance, Elsevier (2013) View citations (16) (2013)
22. Risk-On/Risk-Off, Capital Flows, Leverage, and Safe Assets
    Finance Working Papers, East Asian Bureau of Economic Research View citations (2)
    Also in BIS Working Papers, Bank for International Settlements (2012) View citations (16)
    ADBI Working Papers, Asian Development Bank Institute (2013) View citations (2)
    Macroeconomics Working Papers, East Asian Bureau of Economic Research (2013) View citations (2)
    See also Journal Article Risk-On/Risk-Off, Capital Flows, Leverage and Safe Assets, Journal of Financial Perspectives, EY Global FS Institute (2013) View citations (2) (2013)
23. The 2011 FDIC assessment on banks managed liabilities: interest rate and balance-sheet responses
    BIS Working Papers, Bank for International Settlements View citations (18)
24. Transmitting Global Liquidity to East Asia: Policy Rates, Bond Yields, Currencies and Dollar Credit
    Working Papers, Hong Kong Institute for Monetary Research View citations (57)
    Also in BIS Working Papers, Bank for International Settlements (2013) View citations (62)

2012

25. Interpreting TARGET2 balances
    BIS Working Papers, Bank for International Settlements View citations (53)
26. Rapid credit growth and international credit: Challenges for Asia
    BIS Working Papers, Bank for International Settlements View citations (63)

2011

27. Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (6)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2011) View citations (6)

2010

28. Offshore Markets for the Domestic Currency: Monetary and Financial Stability Issues
    Working Papers, Hong Kong Monetary Authority View citations (30)
    Also in BIS Working Papers, Bank for International Settlements (2010) View citations (34)
29. Renminbising China's Foreign Assets
    Working Papers, Hong Kong Institute for Monetary Research View citations (4)
    Also in CESifo Working Paper Series, CESifo (2010) View citations (14)
    See also Journal Article RENMINBISING CHINA'S FOREIGN ASSETS, Pacific Economic Review, Wiley Blackwell (2011) View citations (15) (2011)
30. The evolving renminbi regime and implications for Asian currency stability
    BIS Working Papers, Bank for International Settlements View citations (21)
    See also Journal Article The evolving renminbi regime and implications for Asian currency stability, Journal of the Japanese and International Economies, Elsevier (2011) View citations (48) (2011)

2007

31. Do China's capital controls still bind? Implications for monetary autonomy and capital liberalisation
    BIS Working Papers, Bank for International Settlements View citations (41)

2006

32. Estimation of Asian effective exchange rates: a technical note
    BIS Working Papers, Bank for International Settlements View citations (3)

2004

33. Living with flexible exchange rates
    International Finance, University Library of Munich, Germany View citations (42)

2003

34. Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies
    BIS Working Papers, Bank for International Settlements View citations (119)

1999

35. The Anatomy of the Bond Market Turbulence of 1994
    Macroeconomics, University Library of Munich, Germany View citations (1)
    Also in BIS Working Papers, Bank for International Settlements (1995) View citations (6)
    Economics Working Paper Archive, Levy Economics Institute (1996) View citations (2)

1997

36. The Euro and European financial markets
    BIS Working Papers, Bank for International Settlements View citations (67)
37. The Euro and the Dollar
    Princeton Essays in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (26)
    Also in BIS Working Papers, Bank for International Settlements (1997) View citations (54)

1990

38. Policies toward corporate leveraging
    Research Paper, Federal Reserve Bank of New York
    See also Book Policies toward corporate leveraging, Monograph, Federal Reserve Bank of New York (1990) (1990)
39. The British invasion: explaining the strength of U.K. acquisitions of U. S. firms in the late 1980s
    Research Paper, Federal Reserve Bank of New York
40. The cost of capital for banks in international competition
    Proceedings, Federal Reserve Bank of Chicago

1989

41. Explaining international differences in the cost of capital: the United States and United Kingdom versus Japan and Germany
    Research Paper, Federal Reserve Bank of New York View citations (1)

1988

42. Price discrimination in Hotelling's duopoly model: equilibrium and efficiency
    Research Paper, Federal Reserve Bank of New York

Journal Articles

2024

1. The Offshore Dollar and US Policy
   Policy Hub, 2024, 2024, (2), 40

2022

2. A Disaster Under-(Re)Insurance Puzzle: Home Bias in Disaster Risk-Bearing
   IMF Economic Review, 2022, 70, (4), 735-772 View citations (2)
   See also Working Paper A disaster under-(re)insurance puzzle: Home bias in disaster risk-bearing, BIS Working Papers (2019) View citations (3) (2019)
3. Do central banks rebalance their currency shares?
   Journal of International Money and Finance, 2022, 122, (C) View citations (9)
   See also Working Paper Do Central Banks Rebalance Their Currency Shares?, NBER Working Papers (2021) View citations (1) (2021)
4. Dollar debt in FX swaps and forwards: huge, missing and growing
   BIS Quarterly Review, 2022 View citations (12)

2021

5. Managing the Dollar Over Its Cycles
   Atlantic Economic Journal, 2021, 49, (2), 143-158
6. Seven decades of international banking
   BIS Quarterly Review, 2021 View citations (9)

2020

7. Currency composition of foreign exchange reserves
   Journal of International Money and Finance, 2020, 102, (C) View citations (36)
   See also Working Paper The currency composition of foreign exchange reserves, BIS Working Papers (2019) View citations (12) (2019)
8. The Global Domain of the Dollar: Eight Questions
   Atlantic Economic Journal, 2020, 48, (4), 421-429 View citations (1)

2019

9. A key currency view of global imbalances
   Journal of International Money and Finance, 2019, 94, (C), 97-115 View citations (22)
   See also Working Paper A key currency view of global imbalances, BIS Working Papers (2018) View citations (5) (2018)
10. Financial deglobalisation in banking?
    Journal of International Money and Finance, 2019, 94, (C), 116-131 View citations (35)
    See also Working Paper Financial deglobalisation in banking?, BIS Working Papers (2017) View citations (30) (2017)
11. Geographic Spread of Currency Trading: The Renminbi and Other Emerging Market Currencies
    China & World Economy, 2019, 27, (5), 25-36 View citations (15)
12. Recent renminbi policy and currency co-movements
    Journal of International Money and Finance, 2019, 95, (C), 444-456 View citations (32)
13. Triffin: Dilemma or Myth?
    IMF Economic Review, 2019, 67, (4), 824-851 View citations (14)
    See also Working Paper Triffin: dilemma or myth?, NBER Working Papers (2018) View citations (8) (2018)

2018

14. The 2008 crisis: transpacific or transatlantic?
    BIS Quarterly Review, 2018 View citations (3)

2017

15. A Global Shortage of Safe Assets: A New Triffin Dilemma?
    Atlantic Economic Journal, 2017, 45, (4), 443-451 View citations (3)
16. FX swaps and forwards: missing global debt?
    BIS Quarterly Review, 2017 View citations (54)
17. The bond benchmark continues to tip to swaps
    BIS Quarterly Review, 2017 View citations (1)

2016

18. Breaking free of the triple coincidence in international finance
    Economic Policy, 2016, 31, (87), 409-451 View citations (71)
    See also Working Paper Breaking free of the triple coincidence in international finance, BIS Working Papers (2015) View citations (47) (2015)
19. Covered interest parity lost: understanding the cross-currency basis
    BIS Quarterly Review, 2016 View citations (129)
20. Currency intervention and the global portfolio balance effect: Japanese lessons
    Journal of the Japanese and International Economies, 2016, 39, (C), 1-16 View citations (8)
    See also Working Paper Currency intervention and the global portfolio balance effect: Japanese lessons, CARF F-Series (2015) (2015)
21. Non-deliverable forwards: impact of currency internationalisation and derivatives reform
    BIS Quarterly Review, 2016 View citations (14)
22. The Current Account Version of the Triffin Dilemma
    Atlantic Economic Journal, 2016, 44, (2), 171-182 View citations (3)

2015

23. Currency composition of reserves, trade invoicing and currency movements
    Emerging Markets Review, 2015, 25, (C), 16-29 View citations (18)
24. Does the US dollar confer an exorbitant privilege?
    Journal of International Money and Finance, 2015, 57, (C), 1-14 View citations (13)
25. Dollar credit to emerging market economies
    BIS Quarterly Review, 2015 View citations (41)
26. Global dollar credit: links to US monetary policy and leverage
    Economic Policy, 2015, 30, (82), 187-229 View citations (191)
    See also Working Paper Global dollar credit: links to US monetary policy and leverage, BIS Working Papers (2015) View citations (187) (2015)
27. Reforming the International Monetary System in the 1970s and 2000s: Would a Special Drawing Right Substitution Account Have Worked?
    International Finance, 2015, 18, (2), 187-206 View citations (11)
28. Transforming Central Bank Liabilities into Government Debt: The Case of China
    China & World Economy, 2015, 23, (4), 1-18 View citations (4)

2014

29. Currency movements drive reserve composition
    BIS Quarterly Review, 2014 View citations (15)
30. De-internationalizing Global Banking&quest
    Comparative Economic Studies, 2014, 56, (2), 257-270
31. Non-US banks' claims on the Federal Reserve
    BIS Quarterly Review, 2014 View citations (9)
32. Non-deliverable forwards: 2013 and beyond
    BIS Quarterly Review, 2014 View citations (24)

2013

33. Is China or India more financially open?
    Journal of International Money and Finance, 2013, 39, (C), 6-27 View citations (16)
    See also Working Paper Is China or India more financially open?, BIS Working Papers (2013) View citations (16) (2013)
34. Renminbi internationalisation and China’s financial development
    Journal of Chinese Economic and Business Studies, 2013, 11, (2), 101-115 View citations (3)
    Also in BIS Quarterly Review, 2011 (2011) View citations (16)
35. Risk-On/Risk-Off, Capital Flows, Leverage and Safe Assets
    Journal of Financial Perspectives, 2013, 1, (2), 145-154 View citations (2)
    Also in Public Policy Review, 2012, 8, (3), 281-298 (2012) View citations (16)
    See also Working Paper Risk-On/Risk-Off, Capital Flows, Leverage, and Safe Assets, Finance Working Papers (2013) View citations (2) (2013)
36. The Roles of Saving, Investment and the Renminbi in Rebalancing the Chinese Economy
    Review of International Economics, 2013, 21, (1), 72-84 View citations (18)

2012

37. After the global financial crisis: From international to multinational banking?
    Journal of Economics and Business, 2012, 64, (1), 7-23 View citations (36)
38. Eurodollar banking and currency internationalisation
    BIS Quarterly Review, 2012 View citations (20)

2011

39. Foreign exchange trading in emerging currencies: more financial, more offshore
    BIS Quarterly Review, 2011 View citations (26)
40. Global credit and domestic credit booms
    BIS Quarterly Review, 2011 View citations (113)
41. La gestion du renminbi depuis 2005
    Revue d'économie financière, 2011, N° 102, (2), 163-182
    Also in Revue d'Économie Financière, 2011, 102, (2), 163-181 (2011)
42. RENMINBISING CHINA'S FOREIGN ASSETS
    Pacific Economic Review, 2011, 16, (1), 1-17 View citations (15)
    See also Working Paper Renminbising China's Foreign Assets, Working Papers (2010) View citations (4) (2010)
43. The evolving renminbi regime and implications for Asian currency stability
    Journal of the Japanese and International Economies, 2011, 25, (1), 23-38 View citations (48)
    See also Working Paper The evolving renminbi regime and implications for Asian currency stability, BIS Working Papers (2010) View citations (21) (2010)

2010

44. The architecture of global banking: from international to multinational?
    BIS Quarterly Review, 2010 View citations (100)

2009

45. Dollar appreciation in 2008: safe haven, carry trades, dollar shortage and overhedging
    BIS Quarterly Review, 2009 View citations (112)
46. Government debt management at low interest rates
    BIS Quarterly Review, 2009 View citations (26)
47. Renminbisation des actifs internationaux de la Chine
    Revue d'Économie Financière, 2009, 95, (2), 135-155 View citations (4)
48. US dollar money market funds and non-US banks
    BIS Quarterly Review, 2009 View citations (124)

2008

49. Asian banks and the international interbank market
    BIS Quarterly Review, 2008 View citations (22)
50. EFFICACY OF CHINA'S CAPITAL CONTROLS: EVIDENCE FROM PRICE AND FLOW DATA
    Pacific Economic Review, 2008, 13, (1), 104-123 View citations (81)

2007

51. Comment on “Regional and Global Responses to the Asian Crisis”*
    Asian Economic Policy Review, 2007, 2, (1), 71-72
52. Exchange rates and global volatility: implications for Asia-Pacific currencies
    BIS Quarterly Review, 2007 View citations (41)

2006

53. Basket weaving: the euromarket experience with basket currency bonds
    BIS Quarterly Review, 2006 View citations (10)
54. Internationalising a currency: the case of the Australian dollar
    BIS Quarterly Review, 2006 View citations (12)

2005

55. Distinguishing global dollar reserves from official holdings in the United States
    BIS Quarterly Review, 2005 View citations (15)
56. Trading Asian currencies
    BIS Quarterly Review, 2005 View citations (34)

2004

57. Asian local currency bond markets
    BIS Quarterly Review, 2004 View citations (32)
58. Diversifying with Asian local currency bonds
    BIS Quarterly Review, 2004 View citations (35)
59. Maîtriser la croissance en Chine dans un contexte de mobilité internationale des capitaux
    Revue d'Économie Financière, 2004, 77, (4), 163-185
60. The markets for non-deliverable forwards in Asian currencies
    BIS Quarterly Review, 2004 View citations (79)

2003

61. Capital flows in East Asia since the 1997 crisis
    BIS Quarterly Review, 2003 View citations (11)
62. Choosing instruments in managing dollar foreign exchange reserves
    BIS Quarterly Review, 2003 View citations (16)
63. Unifying government bond markets in East Asia
    BIS Quarterly Review, 2003 View citations (14)

2002

64. Globalising international banking
    BIS Quarterly Review, 2002 View citations (13)
65. Integrating the finances of East Asia
    BIS Quarterly Review, 2002 View citations (19)
66. International market implications of declining Treasury debt, panel discussion
    Proceedings, 2002, 952-966 View citations (3)
67. Panel: Implications of Declining Treasury Debt: International Market Implications of Declining Treasury Debt
    Journal of Money, Credit and Banking, 2002, 34, (3), 952-66 View citations (6)
68. Rising foreign currency liquidity of banks in China
    BIS Quarterly Review, 2002 View citations (16)

2001

69. Analysing the growth of Taiwanese deposits in foreign currency
    BIS Quarterly Review, 2001 View citations (6)
70. Benchmark tipping in the money and bond markets
    BIS Quarterly Review, 2001 View citations (13)
71. Dodging Bullets: Changing U.S. Corporate Capital Structure in the 1980s and 1990s. By Robert N. McCauley, Judith S. Ruud, and Frank Iacono. Cambridge, MA: MIT Press, 1999. Pp. xii, 415. $34.95
    The Journal of Economic History, 2001, 61, (4), 1158-1160

2000

72. Foreign currency deposits of firms and individuals with banks in China
    BIS Quarterly Review, 2000 View citations (7)
73. Size and liquidity of government bond markets
    BIS Quarterly Review, 2000 View citations (55)

1999

74. The Euro and the Dollar, 1998
    Open Economies Review, 1999, 10, (1), 91-133 View citations (1)

1994

75. How lower Japanese asset prices affect Pacific financial markets
    Quarterly Review, 1994, 19, (Spr), 19-33 View citations (19)

1992

76. Corporate refinancing in the 1990s
    Quarterly Review, 1992, 17, (Win), 1-27
77. Foreign bank credit to U.S. corporations: the implications of offshore loans
    Quarterly Review, 1992, 17, (Spr), 52-65 View citations (38)

1991

78. The cost of capital for securities firms in the United States and Japan
    Quarterly Review, 1991, 16, (Aut), 14-27 View citations (1)

1990

79. Bank cost of capital and international competition
    Quarterly Review, 1990, 15, (Win), 33-59 View citations (12)

1989

80. Explaining international differences in the cost of capital
    Quarterly Review, 1989, 14, (Sum), 7-28 View citations (28)

1987

81. Eurocommercial paper and U.S. commercial paper: converging money markets?
    Quarterly Review, 1987, 12, (Aut), 24-35 View citations (1)
82. Financial consequences of new Asian surpluses
    Quarterly Review, 1987, 12, (Sum), 32-44 View citations (3)

1986

83. Are large U.S. banks moving international activity off their balance sheets?
    Quarterly Review, 1986, 11, (Sum), 42-44

Books

2023

1. Manias, Panics, and Crashes
   Springer Books, Springer View citations (1)

2013

2. 50 Years of Money and Finance: Lessons and Challenges
   SUERF 50th Anniversary Volume - 50 Years of Money and Finance: Lessons and Challenges, SUERF - The European Money and Finance Forum View citations (18)

2012

3. New Paradigms in Monetary Theory and Policy?
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (3)

2002

4. Setting Monetary Policy in East Asia: Goals, Developments and Institutions
   Occasional Papers, South East Asian Central Banks (SEACEN) Research and Training Centre View citations (8)
   See also Chapter Setting Monetary Policy in East Asia: Goals, Developments and Institutions, RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2001) View citations (15) (2001)

1990

5. Policies toward corporate leveraging
   Monograph, Federal Reserve Bank of New York
   See also Working Paper Policies toward corporate leveraging, Research Paper, Federal Reserve Bank of New York (1990) (1990)

Edited books

2020

1. Promoting Global Monetary and Financial Stability
   Cambridge Books, Cambridge University Press

2011

2. Monetary Policy after the Crisis
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (3)

Chapters

2023

1. Bernie Madoff: Frauds, Swindles, and the Credit Cycle
   Springer
2. Bitcoin: Worse Than a Ponzi
   Springer
3. Bond Market Crises and the International Lender of Last Resort
   Springer
4. Bubble Contagion: Mexico City to Tokyo to Bangkok to New York, London, and Reykjavik
   Springer
5. Domestic Contagion: Twin Peaks?
   Springer
6. Financial Crises: A Hardy Perennial
   Springer
7. Fueling the Flames: The Expansion of Credit
   Springer
8. International Contagion 1618–1933
   Springer
9. Policy Responses: Benign Neglect, Exhortation, and Bank Holidays
   Springer
10. Speculative Manias
    Springer
11. The Anatomy of a Typical Crisis
    Springer
12. The Critical Stage: When the Bubble Is About to Pop
    Springer
13. The Domestic Lender of Last Resort
    Springer
14. The International Lender of Last Resort Before 2000
    Springer
15. The Lessons of History
    Springer
16. The Twenty-First Century International Lender of Last Resort
    Springer
17. Timely, Sustained and Effective Macroprudential Policy: Exploring the Political Economy of Hong Kong’s Prudential Standards in the 1990s
    Chapter 16 in MACRO-FINANCIAL STABILITY POLICY IN A GLOBALISED WORLD: LESSONS FROM INTERNATIONAL EXPERIENCE Selected Papers from the Asian Monetary Policy Forum 2021 Special Edition and MAS-BIS Conference, 2023, pp 318-361

2020

18. Safe Assets and Reserve Management
    Springer

2013

19. Global and Euro Imbalances: China and Germany
    SUERF - The European Money and Finance Forum View citations (11)
    See also Working Paper Global and euro imbalances: China and Germany, Bank for International Settlements (2013) View citations (11) (2013)

2011

20. Chapter 5 The Implications of Renminbi Basket Management for Asian Currency Stability
    A chapter in The Evolving Role of Asia in Global Finance, 2011, pp 97-121
21. Managing foreign exchange reserves in the crisis and after
    A chapter in Portfolio and risk management for central banks and sovereign wealth funds, 2011, vol. 58, pp 19-47 View citations (19)
22. The euro and the yen as anchor currencies before and during the financial crisis - comments on Moss's paper "The euro: internationalised at birth" and Takagi's paper "Internationalising the yen, 1984-2003: unfinished agenda or mission impossible?"
    A chapter in Currency internationalisation: lessons from the global financial crisis and prospects for the future in Asia and the Pacific, 2011, vol. 61, pp 93-104

2010

23. Internationalizing the Australian Dollar
    Palgrave Macmillan
24. Managing Recent Hot Money Inflows in Asia
    Chapter 5 in Managing Capital Flows, 2010 View citations (2)

2009

25. Hong Kong and Shanghai: Yesterday, Today and Tomorrow
    A chapter in Financial Sector Development in the Pacific Rim, 2009, pp 13-37 View citations (2)
26. Opening speech to "Household debt: implications for monetary policy and financial stability"
    A chapter in Household debt: implications for monetary policy and financial stability, 2009, vol. 46, pp 17-18 View citations (1)

2008

27. Developing financial markets and operating monetary policy in Asia
    A chapter in Financial market developments and their implications for monetary policy, 2008, vol. 39, pp 126-141 View citations (5)

2006

28. Consolidating the public debt markets of Asia
    A chapter in Asian bond markets: issues and prospects, 2006, vol. 30, pp 82-98 View citations (1)
29. Developing the bond market(s) of East Asia: global, regional or national?
    A chapter in Asian bond markets: issues and prospects, 2006, vol. 30, pp 19-39 View citations (11)
30. Understanding monetary policy in Malaysia and Thailand: objectives, instruments and independence
    A chapter in Monetary policy in Asia: approaches and implementation, 2006, vol. 31, pp 172-198 View citations (17)

2004

31. Discussion of 'Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?'
    A chapter in The Future of Inflation Targeting, 2004

2003

32. Discussion of 'Stock Market Volatility and Monetary Policy: What the Historical Record Shows'
    A chapter in Asset Prices and Monetary Policy, 2003
33. Introduction
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 1-6
34. Liberalising the capital account without losing balance: lessons from Korea
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 75-92 View citations (11)
35. Opening China’s capital account amid ample dollar liquidity
    A chapter in China's capital account liberalisation: international perspective, 2003, vol. 15, pp 25-34 View citations (10)

2001

36. Setting Monetary Policy in East Asia: Goals, Developments and Institutions
    A chapter in Future Directions for Monetary Policies in East Asia, 2001 View citations (15)
    See also Book Setting Monetary Policy in East Asia: Goals, Developments and Institutions, South East Asian Central Banks (SEACEN) Research and Training Centre (2002) View citations (8) (2002)

1999

37. The Euro and the Liquidity of European Fixed Income Markets
    A chapter in Market Liquidity: Research Findings and Selected Policy Implications, 1999, vol. 11, pp 1-26 View citations (16)