Details about Ronald I. McKinnon

This author is deceased (2014-10-01).

Access statistics for papers by Ronald I. McKinnon.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pmc238

---

Jump to Journal Articles Books Chapters

Working Papers

2014

1. China's Exchange Rate and Financial Repression: The Conflicted Emergence of the Renminbi as an International Currency
   CESifo Working Paper Series, CESifo View citations (13)
2. Hot Money Flows, Cycles in Primary Commodity Prices, and Financial Control in Developing Countries
   Working Papers, FERDI View citations (2)
   Also in Working Papers, FERDI (2014) View citations (2)
   See also Journal Article Hot Money Flows, Cycles in Primary Commodity Prices, and Financial Control in Developing Countries, Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press (2015) (2015)

2013

3. Hot Money Flows, Commodity Price Cycles, and Financial Repression in the US and the People’s Republic of China: The Consequences of Near Zero US Interest Rates
   Working Papers on Regional Economic Integration, Asian Development Bank View citations (2)
4. Modern Currency Wars: The United States versus Japan
   Macroeconomics Working Papers, East Asian Bureau of Economic Research View citations (9)
   Also in Finance Working Papers, East Asian Bureau of Economic Research (2013) View citations (8)
   ADBI Working Papers, Asian Development Bank Institute (2013) View citations (8)

2011

5. China and its Dollar Exchange Rate: A Worldwide Stabilizing Influence?
   CESifo Working Paper Series, CESifo View citations (11)
   See also Journal Article China and Its Dollar Exchange Rate: A Worldwide Stabilising Influence?, The World Economy, Wiley Blackwell (2012) View citations (31) (2012)

2010

6. China's exchange rate: The plight of an immature international creditor
   Macroeconomics Working Papers, East Asian Bureau of Economic Research View citations (4)

2009

7. China's financial conundrum and global imbalances
   BIS Working Papers, Bank for International Settlements View citations (19)

2008

8. China's exchange rate impasse and the weak U.S. dollar
   Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (3)
   Also in CESifo Working Paper Series, CESifo (2008) View citations (35)

2006

9. China's Exchange Rate Appreciation in the Light of the Earlier Japanese Experience
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research View citations (11)
   See also Journal Article CHINA'S EXCHANGE RATE APPRECIATION IN THE LIGHT OF THE EARLIER JAPANESE EXPERIENCE, Pacific Economic Review, Wiley Blackwell (2006) View citations (15) (2006)
10. China’s Exchange Rate and International Adjustment in Wages, Prices, and Interest Rates: Japan Déjà Vu?
    CESifo Working Paper Series, CESifo View citations (38)
    See also Journal Article China's Exchange Rate and International Adjustment in Wages, Prices and Interest Rates: Japan Déjà Vu?, CESifo Economic Studies, CESifo Group (2006) View citations (27) (2006)

2005

11. China's New Exchange Rate Policy: Will China Follow Japan into a Liquidity Trap?
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (21)
    See also Journal Article China's New Exchange Rate Policy: Will China Follow Japan into a Liquidity Trap?, The Economists' Voice, De Gruyter (2006) View citations (4) (2006)
12. Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States
    Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (15)
    Also in ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2005) View citations (10)
    Discussion Papers, Stanford Institute for Economic Policy Research (2005) View citations (14)
    See also Chapter Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States, Chapters, Edward Elgar Publishing (2006) (2006)

2004

13. The Return to Soft Dollar Pegging in East Asia. Mitigating Conflicted Virtue
    International Finance, University Library of Munich, Germany View citations (79)
    See also Journal Article The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue, International Finance, Wiley Blackwell (2004) View citations (86) (2004)

2003

14. China: A Stabilizing or Deflationary Influence in East Asia? THe Problem of Conflict Virtue
    Working Papers, Hong Kong Institute for Monetary Research View citations (10)
    Also in Working Papers, Stanford University, Department of Economics (2003) View citations (13)
15. Synchronized Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate
    Working Papers, Hong Kong Institute for Monetary Research View citations (67)
    See also Journal Article Synchronised Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate, The World Economy, Wiley Blackwell (2003) View citations (33) (2003)
16. The East Asian Dollar Standard, Fear of Floating, and Original Sin
    Working Papers, Stanford University, Department of Economics View citations (78)
    Also in Working Papers, Hong Kong Institute for Monetary Research (2003) View citations (45)
    See also Chapter The East Asian Dollar Standard, Fear of Floating, and Original Sin, Chapters, Edward Elgar Publishing (2006) (2006)
    Journal Article The East Asian Dollar Standard, Fear of Floating, and Original Sin, Review of Development Economics, Wiley Blackwell (2004) View citations (154) (2004)

2002

17. Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending
    Working Papers, Stanford University, Department of Economics View citations (2)
    See also Journal Article Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and the Fall in Bank Lending, The World Economy, Wiley Blackwell (2003) View citations (64) (2003)
18. Synchronized Business Cycles in East Asia: Fluctuations in the Yen/Dollar Exchange Rate and China’s Stabilizing Role
    Working Papers, Stanford University, Department of Economics View citations (29)

2001

19. After the Crisis, The East Asian Dollar Standard Resurrected: An Interpretation of High Frequency Exchange Rate Pegging
    Working Papers, Hong Kong Institute for Monetary Research View citations (47)
    See also Chapter After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High-Frequency Exchange Rate Pegging, World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd. (2002) View citations (2) (2002)
20. The International Dollar Standard and Sustainability of the U.S. Current Account Deficit
    Working Papers, Stanford University, Department of Economics View citations (28)
    See also Journal Article The International Dollar Standard and the Sustainability of the U.S. Current Account Deficit, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2001) View citations (28) (2001)

2000

21. Mundell, the Euro, and Optimum Currency Areas
    Working Papers, Stanford University, Department of Economics View citations (18)
22. The Foreign Exchange Orgins of Japan's Economic Slump and Low Interest Liquidity Trap
    Working Papers, Stanford University, Department of Economics View citations (3)
    Also in Working Papers, Hong Kong Institute for Monetary Research (2000) View citations (6)
    See also Journal Article The Foreign Exchange Origins of Japan's Economic Slump and Low Interest Liquidity Trap, The World Economy, Wiley Blackwell (2001) View citations (22) (2001)

1999

23. Euroland and East Asia in a Dollar-Based International Monetary System: Mundell Revisited
    Working Papers, Stanford University, Department of Economics View citations (5)
24. Exchange Rate Regimes for Emerging Markets: Moral Hazard and International Overborrowing
    Working Papers, Stanford University, Department of Economics View citations (64)
    See also Journal Article Exchange-Rate Regimes for Emerging Markets: Moral Hazard and International Overborrowing, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (1999) View citations (57) (1999)

1998

25. International Overborrowing: A Decomposition of Credit and Currency Risks
    Working Papers, Stanford University, Department of Economics View citations (68)
    See also Journal Article International Overborrowing: A Decomposition of Credit and Currency Risks, World Development, Elsevier (1998) View citations (71) (1998)

1992

26. Macroeconomic control in liberalizing Socialist economies: Asian and European parallels
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)

1991

27. Financial Control in the Transition to a Market Economy
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (227)
28. Stabilizing the Ruble: The Problem of Internal Currency Convertibility
    Working Papers, United Nations World Employment Programme- View citations (2)

1985

29. Protectionism and the Misaligned Dollar: The Case for Monetary Coordination
    CEPR Publications, Stanford University, Center for Economic Policy Research View citations (3)
30. The Dollar Exchange Rate as a Leading Indicator for American Monetary Policy
    CEPR Publications, Stanford University, Center for Economic Policy Research View citations (3)

Undated

31. Exchange Rate Coordination for Surmounting the East Asian Currency Crises
    Working Papers, Stanford University, Department of Economics View citations (9)
    See also Journal Article Exchange rate co-ordination for surmounting the East Asian currency crises, Journal of International Development, John Wiley & Sons, Ltd. (1999) (1999)
32. The East Asian Dollar Standard, Life after Death?
    Working Papers, Stanford University, Department of Economics
    See also Journal Article The East Asian Dollar Standard, Life After Death?, Economic Notes, Banca Monte dei Paschi di Siena SpA (2000) View citations (54) (2000)

Journal Articles

2015

1. Hot Money Flows, Cycles in Primary Commodity Prices, and Financial Control in Developing Countries
   Frontiers of Economics in China-Selected Publications from Chinese Universities, 2015, 10, (2), 201-223
   See also Working Paper Hot Money Flows, Cycles in Primary Commodity Prices, and Financial Control in Developing Countries, Working Papers (2014) View citations (2) (2014)
2. Mundell, the Euro, and the World Dollar Standard
   Journal of Policy Modeling, 2015, 37, (3), 450-459 View citations (1)
   Also in Journal of Policy Modeling, 2000, 22, (3), 311-324 (2000) View citations (11)

2014

3. China's Exchange Rate and Financial Repression: The Conflicted Emergence of the RMB as an International Currency
   China & World Economy, 2014, 22, (3), 1-35 View citations (14)
4. Near-zero U.S. Interest Rates, Primary Commodity Prices, and Financial Control in Emerging Markets
   Economic and Political Studies, 2014, 2, (2), 3-25 View citations (3)

2013

5. Hot Money Flows, Commodity Price Cycles and Financial Repression in the USA and China: The Consequences of Near-zero US Interest Rates
   China & World Economy, 2013, 21, (4), 1-13 View citations (2)
6. The U.S. saving deficiency, current-account deficits, and deindustrialization: Implications for China
   Journal of Policy Modeling, 2013, 35, (3), 449-458 View citations (2)
7. Zero Interest Rates in the United States Provoke World Monetary Instability and Constrict the US Economy
   Review of International Economics, 2013, 21, (1), 49-56 View citations (1)

2012

8. Carry trades, interest differentials, and international monetary reform
   Journal of Policy Modeling, 2012, 34, (4), 549-567 View citations (7)
9. China and Its Dollar Exchange Rate: A Worldwide Stabilising Influence?
   The World Economy, 2012, 35, (6), 667-693 View citations (31)
   See also Working Paper China and its Dollar Exchange Rate: A Worldwide Stabilizing Influence?, CESifo Working Paper Series (2011) View citations (11) (2011)
10. The Fed as the Engine of Worldwide Inflation
    Open Economies Review, 2012, 23, (1), 109-112 View citations (2)

2011

11. Beggar-thy-neighbor interest rate policies
    Journal of Policy Modeling, 2011, 33, (5), 759-775 View citations (3)
12. Worldwide Inflation and International Monetary Reform: Exchange Rates or Interest Rates?
    China & World Economy, 2011, 19, (5), 1-16 View citations (2)

2010

13. China in Africa: The Washington Consensus versus the Beijing Consensus
    International Finance, 2010, 13, (3), 495-506 View citations (6)
14. Mundell Changed His Mind
    Econ Journal Watch, 2010, 7, (1), 76-77
15. Rehabilitating the unloved dollar standard
    Asian-Pacific Economic Literature, 2010, 24, (2), 1-18 View citations (19)
16. THE GLOBAL CREDIT CRISIS AND CHINA'S EXCHANGE RATE
    The Singapore Economic Review (SER), 2010, 55, (02), 253-272

2009

17. China's exchange rate policy and fiscal expansion
    Journal of Chinese Economic and Foreign Trade Studies, 2009, 2, (2), 81-85
18. The Case for Stabilizing China's Exchange Rate: Setting the Stage for Fiscal Expansion
    China & World Economy, 2009, 17, (1), 1-32 View citations (62)
19. U.S. Exit Strategies and Zero Interest Rates
    The Journal of Economic Asymmetries, 2009, 6, (3), 7-13 View citations (1)

2007

20. JAPAN'S DEFLATIONARY HANGOVER: WAGE STAGNATION AND THE SYNDROME OF THE EVER-WEAKER YEN
    The Singapore Economic Review (SER), 2007, 52, (03), 309-334 View citations (2)
21. The transfer problem in reducing the U.S. current account deficit
    Journal of Policy Modeling, 2007, 29, (5), 669-675 View citations (7)
22. Why China Should Keep Its Dollar Peg
    International Finance, 2007, 10, (1), 43-70 View citations (36)

2006

23. CHINA'S EXCHANGE RATE APPRECIATION IN THE LIGHT OF THE EARLIER JAPANESE EXPERIENCE
    Pacific Economic Review, 2006, 11, (3), 287-298 View citations (15)
    See also Working Paper China's Exchange Rate Appreciation in the Light of the Earlier Japanese Experience, ZEW Discussion Papers (2006) View citations (11) (2006)
24. China's Exchange Rate Trap: Japan Redux?
    American Economic Review, 2006, 96, (2), 427-431 View citations (15)
25. China's Exchange Rate and International Adjustment in Wages, Prices and Interest Rates: Japan Déjà Vu?
    CESifo Economic Studies, 2006, 52, (2), 276-303 View citations (27)
    See also Working Paper China’s Exchange Rate and International Adjustment in Wages, Prices, and Interest Rates: Japan Déjà Vu?, CESifo Working Paper Series (2006) View citations (38) (2006)
26. China's New Exchange Rate Policy: Will China Follow Japan into a Liquidity Trap?
    The Economists' Voice, 2006, 3, (5), 7 View citations (4)
    Also in The Singapore Economic Review (SER), 2005, 50, (spec0), 463-474 (2005) View citations (13)
    See also Working Paper China's New Exchange Rate Policy: Will China Follow Japan into a Liquidity Trap?, Discussion Papers (2005) View citations (21) (2005)
27. Devaluing the dollar: A critical analysis of William Cline's case for a New Plaza Agreement
    Journal of Policy Modeling, 2006, 28, (6), 683-694 View citations (21)

2005

28. Exchange rate or wage changes in international adjustment?
    International Economics and Economic Policy, 2005, 2, (2), 261-274 View citations (11)
29. Exchange rates, wages, and international adjustment: Japan and China versus the United States
    Proceedings, 2005, (Feb) View citations (5)
30. Trapped by the international dollar standard
    Journal of Policy Modeling, 2005, 27, (4), 477-485 View citations (15)

2004

31. Government Deficits and The Deindustrialization of America
    The Economists' Voice, 2004, 1, (3), 8 View citations (1)
32. Optimum Currency Areas and Key Currencies: Mundell I versus Mundell II
    Journal of Common Market Studies, 2004, 42, (4), 689-715 View citations (61)
33. The East Asian Dollar Standard, Fear of Floating, and Original Sin
    Review of Development Economics, 2004, 8, (3), 331-360 View citations (154)
    See also Chapter The East Asian Dollar Standard, Fear of Floating, and Original Sin, Chapters, 2006, 45-71 (2006) (2006)
    Working Paper The East Asian Dollar Standard, Fear of Floating, and Original Sin, Working Papers (2003) View citations (78) (2003)
34. The East Asian dollar standard
    China Economic Review, 2004, 15, (3), 325-330 View citations (155)
35. The Glitter of Gold: France, Bimetallism, and the Emergence of the International Gold Standard, 1848–1873. By Marc Flandreau. New York: Oxford University Press, 2004. Pp. xxiii, 319. $95
    The Journal of Economic History, 2004, 64, (4), 1133-1134
36. The Money Doctors: The Experience of International Financial Advising 1850–2000. Edited by Marc Flandreau. London and New York: Routledge, 2003. Pp. 312. $135
    The Journal of Economic History, 2004, 64, (2), 633-635
37. The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue
    International Finance, 2004, 7, (2), 169-201 View citations (86)
    See also Working Paper The Return to Soft Dollar Pegging in East Asia. Mitigating Conflicted Virtue, International Finance (2004) View citations (79) (2004)

2003

38. Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and the Fall in Bank Lending
    The World Economy, 2003, 26, (3), 339-363 View citations (64)
    See also Working Paper Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending, Working Papers (2002) View citations (2) (2002)
39. Synchronised Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate
    The World Economy, 2003, 26, (8), 1067-1088 View citations (33)
    See also Working Paper Synchronized Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate, Working Papers (2003) View citations (67) (2003)
40. THE DOLLAR STANDARD AND ITS CRISIS-PRONE PERIPHERY: NEW RULES FOR THE GAME
    The Singapore Economic Review (SER), 2003, 48, (02), 99-112

2002

41. Can the world economy afford American tax cuts and military buildup?
    Journal of Policy Modeling, 2002, 24, (4), 381-390
42. El patrón dólar mundial y el dilema del tipo de cambio de Asia oriental
    Monetaria, 2002, XXV, (2), 105-140
43. Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime
    The ANNALS of the American Academy of Political and Social Science, 2002, 579, (1), 200-218
    Also in Proceedings, 1999, (Sep) (1999)
44. Money and Finance on the Periphery of the International Dollar Standard
    International Journal of Finance & Economics, 2002, 7, (2), 87-96
45. Optimum currency areas and the European experience
    The Economics of Transition, 2002, 10, (2), 343-364 View citations (31)
46. The East Asian Exchange Rate Dilemma and the World Dollar Standard
    Money Affairs, 2002, XV, (2), 119-149 View citations (3)
    See also Chapter The East Asian exchange rate dilemma and the world dollar standard, Chapters, 2004 (2004) View citations (14) (2004)
47. The euro versus the dollar: resolving a historical puzzle
    Journal of Policy Modeling, 2002, 24, (4), 355-359 View citations (14)
48. Áreas monetarias óptimas y monedas clave
    Boletín, 2002, XLVIII, (1), 1-15

2001

49. The Foreign Exchange Origins of Japan's Economic Slump and Low Interest Liquidity Trap
    The World Economy, 2001, 24, (3), 279-315 View citations (22)
    See also Working Paper The Foreign Exchange Orgins of Japan's Economic Slump and Low Interest Liquidity Trap, Working Papers (2000) View citations (3) (2000)
50. The International Dollar Standard and the Sustainability of the U.S. Current Account Deficit
    Brookings Papers on Economic Activity, 2001, 32, (1), 227-241 View citations (28)
    See also Working Paper The International Dollar Standard and Sustainability of the U.S. Current Account Deficit, Working Papers (2001) View citations (28) (2001)
51. The problem of dollar encroachment in emerging markets
    Journal of Policy Modeling, 2001, 23, (3), 301-319 View citations (3)

2000

52. On the periphery of the international dollar standard: Canada, Latin America, and East Asia
    The North American Journal of Economics and Finance, 2000, 11, (2), 105-121 View citations (5)
53. The East Asian Dollar Standard, Life After Death?
    Economic Notes, 2000, 29, (1), 31-82 View citations (54)
    See also Working Paper The East Asian Dollar Standard, Life after Death?, Working Papers

1999

54. Exchange rate co-ordination for surmounting the East Asian currency crises
    Journal of International Development, 1999, 11, (1), 95-106
    See also Working Paper Exchange Rate Coordination for Surmounting the East Asian Currency Crises, Working Papers View citations (9)
55. Exchange-Rate Regimes for Emerging Markets: Moral Hazard and International Overborrowing
    Oxford Review of Economic Policy, 1999, 15, (3), 19-38 View citations (57)
    See also Working Paper Exchange Rate Regimes for Emerging Markets: Moral Hazard and International Overborrowing, Working Papers (1999) View citations (64) (1999)

1998

56. International Overborrowing: A Decomposition of Credit and Currency Risks
    World Development, 1998, 26, (7), 1267-1282 View citations (71)
    See also Working Paper International Overborrowing: A Decomposition of Credit and Currency Risks, Working Papers (1998) View citations (68) (1998)

1997

57. Credible Economic Liberalizations and Overborrowing
    American Economic Review, 1997, 87, (2), 189-93 View citations (164)
58. EMU as a Device for Collective Fiscal Retrenchment
    American Economic Review, 1997, 87, (2), 227-29 View citations (18)

1996

59. The overborrowing syndrome: are East Asian economies different?
    Proceedings, 1996, 322-355 View citations (21)

1995

60. Intergovernmental competition in Europe with and without a common currency
    Journal of Policy Modeling, 1995, 17, (5), 463-478 View citations (12)

1994

61. A Common Monetary Standard or a Common Currency for Europe? Fiscal Lessons from the United States
    Scottish Journal of Political Economy, 1994, 41, (4), 337-57 View citations (11)
62. Financial Growth and Macroeconomic Stability in China, 1978-1992: Implications for Russia and Other Transitional Economies
    Journal of Comparative Economics, 1994, 18, (3), 438-469 View citations (5)

1993

63. The Rules of the Game: International Money in Historical Perspective
    Journal of Economic Literature, 1993, 31, (1), 1-44 View citations (66)

1992

64. CENTRAL AND EASTERN EUROPE IN TRANSITION
    Contemporary Economic Policy, 1992, 10, (1), 1-20
65. Japanese foreign exchange policy 1971-1982: [Translation editor: ] Allen & Unwin, Sydney, 1991. 378 pp., $45.00
    Journal of the Japanese and International Economies, 1992, 6, (3), 303-304
66. Spontaneous Order on the Road Back from Socialism: An Asian Perspective
    American Economic Review, 1992, 82, (2), 31-36 View citations (12)
67. Taxation, Money, and Credit, in a Liberalizing Socialist Economy
    Economic Change and Restructuring, 1992, 25, (1), 97-112 View citations (4)

1991

68. Financial Control in the Transition from Classical Socialism to a Market Economy
    Journal of Economic Perspectives, 1991, 5, (4), 107-122 View citations (51)

1990

69. DEVELOPING COUNTRIES‘ DEBT PROBLEMS AND EFFORTS AT POLICY REFORM
    Contemporary Economic Policy, 1990, 8, (1), 1-18
70. INTEREST RATE VOLATILITY AND EXCHANGE RISK: NEW RULES FOR A COMMON MONETARY STANDARD
    Contemporary Economic Policy, 1990, 8, (2), 1-17 View citations (11)
71. The exchange rate and the trade balance
    Open Economies Review, 1990, 1, (1), 17-37 View citations (13)
72. Why floating exchange rates fall: A reconsideration of the liquidity trap
    Open Economies Review, 1990, 1, (3), 229-250 View citations (5)

1989

73. Financial Liberalization and Economic Development: A Reassessment of Interest-Rate Policies in Asia and Latin America
    Oxford Review of Economic Policy, 1989, 5, (4), 29-54 View citations (21)

1988

74. An International Gold Standard without Gold
    Cato Journal, 1988, 8, (2), 351-392 View citations (8)
75. Dollars, debts and deficits: Rudiger Dornbusch, (Leuven University Press, Leuven, Belgium and The MIT Press, Cambridge, MA, London, England, 1987) pp. ix+240, $20.00
    Journal of International Economics, 1988, 24, (3-4), 386-389
76. Monetary and Exchange Rate Policies for International Financial Stability: A Proposal
    Journal of Economic Perspectives, 1988, 2, (1), 83-103 View citations (40)
77. Purchasing power parity as a monetary standard
    Proceedings, 1988 View citations (1)
78. Tasas de interés domésticos y flujos de capital extranjero en el proceso de liberalización de la economía
    Estudios de Economia, 1988, 15, (2 Year 1988), 267-286

1986

79. Floating exchange rates and world inflation: Jaleel Ahmad, (St. Martin's Press, New York, 1984) pp. xi, 259, $40.00
    Journal of International Economics, 1986, 21, (1-2), 191-192

1985

80. The dollar exchange rate and international monetary cooperation
    Proceedings, 1985, 211-235
81. U.S monetary policy and the dollar exchange rate
    Proceedings, 1985, (7), 161-214 View citations (1)
82. U.S. Monetary Policy and the Exchange Rate: Comment [A Critical Appraisal of McKinnon's World Money Supply Hypothesis]
    American Economic Review, 1985, 75, (3), 557-59

1984

83. Financial liberalization and economic development
    Proceedings, 1984, (Dec), 337-342
84. International Influences on the U.S. Economy: Summary of an Exchange
    American Economic Review, 1984, 74, (5), 1132-34 View citations (8)
85. The case for internationalizing American monetary policy
    Proceedings, 1984, (Aug), 25-55

1983

86. Currency Substitution and Instability in the World Dollar Standard: Reply
    American Economic Review, 1983, 73, (3), 474-76 View citations (7)

1982

87. Currency Substitution and Instability in the World Dollar Standard
    American Economic Review, 1982, 72, (3), 320-33 View citations (115)
88. Reply to Alan Stockman
    Carnegie-Rochester Conference Series on Public Policy, 1982, 17, (1), 193-197
89. The order of economic liberalization: Lessons from Chile and Argentina
    Carnegie-Rochester Conference Series on Public Policy, 1982, 17, (1), 159-186 View citations (71)

1981

90. The Exchange Rate and Macroeconomic Policy: Changing Postwar Perceptions
    Journal of Economic Literature, 1981, 19, (2), 531-57 View citations (30)

1980

91. Dollar Stabilization and American Monetary Policy
    American Economic Review, 1980, 70, (2), 382-87 View citations (1)
92. Sterilization, world inflation, and American monetary policy
    Proceedings, 1980, (4), 237-278

1979

93. Foreign trade regimes and economic development: A review article
    Journal of International Economics, 1979, 9, (3), 429-452 View citations (5)

1978

94. Credit for small farmers in developing economies: Gordon Donal, (Westview Press, Boulder, Colorado, 1976) pp. xi+286, $20.00
    Journal of Development Economics, 1978, 5, (1), 98-101
95. International Trade and the Developing Countries: Discussion
    American Economic Review, 1978, 68, (2), 281-82

1977

96. Foreign trade regimes and economic development: South Korea: Charles R. Frank Jr., Kwang Suk Kim and Larry Westphal, (National Bureau of Economic Research, New York, 1975 - distributed by Columbia University Press) pp. xxi + 264, $15.00
    Journal of International Economics, 1977, 7, (1), 103-105

1976

97. Floating foreign exchange rates 1973-1974: The emperor's new clothes
    Carnegie-Rochester Conference Series on Public Policy, 1976, 3, (1), 79-114 View citations (1)

1975

98. European monetary unification and its meaning for the United States: Lawrence B. Krause and Walter S. Salant, eds., (The Brookings Institution, Washington, D.C., 1974) pp. xx+ 322
    Journal of International Economics, 1975, 5, (1), 106-106
99. International trade and finance: Essays in honor of Jan Tinbergen: Willy Sellekaerts, ed., (International Arts and Science Press, New York, 1974) pp. 292, $20.00
    Journal of International Economics, 1975, 5, (4), 396-398
100. The alignment of foreign exchange rates-the first Horowitz lectures: Fritz Machlup (Prager, New York, 1972) pp. xi+95
     Journal of International Economics, 1975, 5, (1), 99-101

1973

101. Inflation as a global problem: Randall Hinshaw, (The Johns Hopkins University Press, Baltimore and London, 1972) pp. vii + 184
     Journal of International Economics, 1973, 3, (4), 397-398
102. The Value-Added Tax and the Liberalization of Foreign Trade in Developing Economies: A Comment
     Journal of Economic Literature, 1973, 11, (2), 520-24 View citations (4)
103. The mechanics of international money: A study of the bretton woods system: S.V. Bokil, (Madras, The Macmillan Company of India Limited, 1971, pp. vii, 184.)
     Journal of International Economics, 1973, 3, (1), 99-100

1972

104. The eurodollar: Herbert V. Prochnow, ed., (Chicago: Rand McNally, 1970, pp. xiii, 418)
     Journal of International Economics, 1972, 2, (1), 98-100
105. The responsiveness of demand policies to balance of payments: Postwar patterns: Michael Michaely, (New York, National Bureau of Economic Research, Columbia University Press, 1971. pp. xviii + 299, $10.00.)
     Journal of International Economics, 1972, 2, (2), 206-207
106. The structure of protection in developing countries: Bela Balassa and Associates, (Published for the IBRD by the Johns Hopkins Press, Baltimore and London, 1971, $12.00, pp. xii + 375.)
     Journal of International Economics, 1972, 2, (3), 309-310

1971

107. Exchange-Rate Flexibility and Monetary Policy
     Journal of Money, Credit and Banking, 1971, 3, (2), 339-55 View citations (4)
108. Futures Markets and Buffer Stocks: A Reply to William Poole
     Journal of Political Economy, 1971, 79, (2), 351-55 View citations (1)

1970

109. The International Firm and Efficient Economic Allocation: Discussion
     American Economic Review, 1970, 60, (2), 451-53

1967

110. Futures Markets, Buffer Stocks, and Income Stability for Primary Producers
     Journal of Political Economy, 1967, 75, (6), 844 View citations (88)

1966

111. Intermediate Products and Differential Tariffs: A Generalization of Lerner's Symmetry Theorem
     The Quarterly Journal of Economics, 1966, 80, (4), 584-615 View citations (11)
112. Stigler's Theory of Oligopoly: A Comment
     Journal of Political Economy, 1966, 74, (3), 281

Books

2013

1. The Unloved Dollar Standard: From Bretton Woods to the Rise of China
   OUP Catalogue, Oxford University Press View citations (29)

2006

2. Exchange Rates under the East Asian Dollar Standard: Living with Conflicted Virtue, vol 1
   MIT Press Books, The MIT Press View citations (4)

1997

3. Dollar and Yen: Resolving Economic Conflict between the United States and Japan, vol 1
   MIT Press Books, The MIT Press View citations (105)

1996

4. The Rules of the Game: International Money and Exchange Rates, vol 1
   MIT Press Books, The MIT Press View citations (38)

1979

5. Money in International Exchange: The Convertible Currency System
   OUP Catalogue, Oxford University Press View citations (134)

Chapters

2013

1. International Monetary Reform: Exchange Rates or Interest Rates?
   Chapter 11 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 219-236

2009

2. Current Account Surpluses and Conflicted Virtue in East Asia: China and Japan under the Dollar Standard
   Chapter 7 in Towards Monetary and Financial Integration in East Asia, 2009 View citations (2)

2006

3. Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States
   Chapter 8 in Recent Financial Crises, 2006
   See also Working Paper Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States, Institute of Economic Research, Hitotsubashi University (2005) View citations (15) (2005)
4. The East Asian Dollar Standard, Fear of Floating, and Original Sin
   Chapter 3 in Global Divergence in Trade, Money and Policy, 2006, pp 45-71
   See also Journal Article The East Asian Dollar Standard, Fear of Floating, and Original Sin, Wiley Blackwell (2004) View citations (154) (2004)
   Working Paper The East Asian Dollar Standard, Fear of Floating, and Original Sin, Stanford University, Department of Economics (2003) View citations (78) (2003)

2004

5. The East Asian exchange rate dilemma and the world dollar standard
   Chapter 6 in East Asia's Monetary Future, 2004 View citations (14)
   See also Journal Article The East Asian Exchange Rate Dilemma and the World Dollar Standard, CEMLA (2002) View citations (3) (2002)

2003

6. Monetary regimes, collective fiscal retrenchment and the political economy of EMU
   Chapter 6 in Economic and Monetary Union in Europe, 2003

2002

7. After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High-Frequency Exchange Rate Pegging
   Chapter 2 in Monetary And Financial Management In Asia In The 21st Century, 2002, pp 21-77 View citations (2)
   See also Working Paper After the Crisis, The East Asian Dollar Standard Resurrected: An Interpretation of High Frequency Exchange Rate Pegging, Hong Kong Institute for Monetary Research (2001) View citations (47) (2001)
8. On the Periphery of the International Dollar Standard: Canada Versus Latin America Versus East Asia
   Chapter 3 in Monetary And Financial Management In Asia In The 21st Century, 2002, pp 79-104

2001

9. Limiting Moral Hazard and Reducing Risk in International Capital Flows
   Palgrave Macmillan

1999

10. The Syndrome of the Ever-Higher Yen, 1971-1995: American Mercantile Pressure on Japanese Monetary Policy
    A chapter in Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, 1999, pp 341-376 View citations (1)

1996

11. Credible Liberalizations and International Capital Flows: The "Overborrowing Syndrome"
    A chapter in Financial Deregulation and Integration in East Asia, 1996, pp 7-50 View citations (234)

1991

12. The Exchange Rate and the Trade Balance: Insular Versus Open Economies
    Palgrave Macmillan

1986

13. Foreign Exchange Dealers, the Domestic Money Market and Stabilising Speculation
    Palgrave Macmillan View citations (1)

1985

14. How to Manage a Repressed Economy
    Palgrave Macmillan View citations (1)

1981

15. Financial Repression and the Liberalisation Problem within Less-Developed Countries
    Palgrave Macmillan View citations (4)
16. Monetary Control and the Crawling Peg
    Palgrave Macmillan View citations (1)