Details about Michael Louis Mussa

This author is deceased (2012-01-15).

Access statistics for papers by Michael Louis Mussa.

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

Short-id: pmu563

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Jump to Journal Articles Books Edited books Chapters

Working Papers

2003

1. Global Economic Prospects: Through the Fog of Uncertainty
   Policy Briefs, Peterson Institute for International Economics

2002

2. Global Economic Prospects
   Policy Briefs, Peterson Institute for International Economics
3. Prospects for the World Economy: From Global Recession to Global Recovery
   Policy Briefs, Peterson Institute for International Economics

2000

4. Exchange Rate Regimes in an Increasingly Integrated World Economy
   IMF Occasional Papers, International Monetary Fund View citations (133)

1999

5. The IMF Approach to Economic Stabilization
   IMF Working Papers, International Monetary Fund View citations (76)
   See also Chapter The IMF Approach to Economic Stabilization, NBER Chapters, National Bureau of Economic Research, Inc (2000) View citations (27) (2000)

1998

6. Capital Account Liberalization: Theoretical and Practical Aspects
   IMF Occasional Papers, International Monetary Fund View citations (15)

1995

7. Improving the International Monetary System: Constraints and Possibilities
   IMF Occasional Papers, International Monetary Fund View citations (1)
8. Long-Term Tendencies in Budget Deficits and Debt
   IMF Working Papers, International Monetary Fund View citations (9)
   See also Journal Article Long-term tendencies in budget deficits and debt, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (1995) View citations (7) (1995)

1994

9. Issues Concerning Nominal Anchors for Monetary Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
   Also in IMF Working Papers, International Monetary Fund (1994) View citations (17)

1993

10. The Integration of World Capital Markets
    IMF Working Papers, International Monetary Fund View citations (65)
    See also Journal Article The integration of world capital markets, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (1993) View citations (37) (1993)

1990

11. Exchange Rates in Theory and in Reality
    Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (17)

1985

12. The Real Exchange Rate as a Tool of Commercial Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

1984

13. Asset Markets, Exchange Rates and the Balance of Payments
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (41)
    See also Chapter Asset markets, exchange rates and the balance of payments, Handbook of International Economics, Elsevier (1985) View citations (96) (1985)
14. Economically Sensible Solutions for Linear Rational Expectations Models with Forward and Backward Looking Dynamic Processes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
15. Rational Expectations Models with a Continuum of Convergent Solutions
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (5)
16. The Adjustment Process and the Timing of Trade Liberalization
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
17. The Economics of Content Protection
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)

1980

18. Efficiency of Foreign Exchange Markets and Measures of Turbulence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (76)
    See also Journal Article The Efficiency of Foreign Exchange Markets and Measures of Turbulence, American Economic Review, American Economic Association (1980) View citations (84) (1980)
19. Monetary and Fiscal Policies in an Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Monetary and Fiscal Policies in an Open Economy, American Economic Review, American Economic Association (1981) View citations (10) (1981)

Journal Articles

2012

1. Reprint of: The dollar and the current account deficit: How much should we worry?
   Journal of Policy Modeling, 2012, 34, (4), 579-584 View citations (1)
2. Reprint of: The euro and the dollar 6 years after creation
   Journal of Policy Modeling, 2012, 34, (4), 585-593

2009

3. Adam Smith and the Political Economy of a Modern Financial Crisis
   Business Economics, 2009, 44, (1), 3-16 View citations (2)
4. Global economics crisis and IMF
   Iktisat Isletme ve Finans, 2009, 24, (277), 18-28
5. The impact of the financial crisis on emerging Asia - commentary
   Proceedings, 2009, (Oct), 81-84

2007

6. The dollar and the current account deficit: How much should we worry?
   Journal of Policy Modeling, 2007, 29, (5), 691-696 View citations (8)

2005

7. The euro and the dollar 6 years after creation
   Journal of Policy Modeling, 2005, 27, (4), 445-454 View citations (2)

2003

8. Meeting the Challenges of Globalisation
   Journal of African Economies, 2003, 12, (Supplement 1), 14-34 View citations (1)

2002

9. The euro versus the dollar: not a zero sum game
   Journal of Policy Modeling, 2002, 24, (4), 361-372 View citations (1)

2000

10. Factors driving global economic integration
    Proceedings - Economic Policy Symposium - Jackson Hole, 2000, 9-55 View citations (10)
11. Reflections on Monetary Policy at Low Inflation: Summary Panel
    Journal of Money, Credit and Banking, 2000, 32, (4), 1100-1106 View citations (8)
12. Summary panel: reflections on monetary policy at low inflation
    Conference Series ; [Proceedings], 2000, 1100-1106 View citations (4)
13. The Relationship Between the Euro and the Dollar
    Journal of Policy Modeling, 2000, 22, (3), 369-377 View citations (8)

1999

14. Policies to Avoid or Ameliorate Financial Crises
    Journal of Policy Modeling, 1999, 21, (3), 301-310 View citations (3)

1998

15. Effects of international policy
    Conference Series ; [Proceedings], 1998, (jun), 383-388

1997

16. IMF Surveillance
    American Economic Review, 1997, 87, (2), 28-31 View citations (8)
17. Political and Institutional Commitment to a Common Currency
    American Economic Review, 1997, 87, (2), 217-20 View citations (6)

1995

18. Long-term tendencies in budget deficits and debt
    Proceedings - Economic Policy Symposium - Jackson Hole, 1995, 5-55 View citations (7)
    See also Working Paper Long-Term Tendencies in Budget Deficits and Debt, IMF Working Papers (1995) View citations (9) (1995)
19. The evolving international monetary system and prospects for monetary reform
    Journal of Policy Modeling, 1995, 17, (5), 493-512

1993

20. Making the Practical Case for Freer Trade
    American Economic Review, 1993, 83, (2), 372-76 View citations (12)
21. The integration of world capital markets
    Proceedings - Economic Policy Symposium - Jackson Hole, 1993, 245-330 View citations (37)
    See also Working Paper The Integration of World Capital Markets, IMF Working Papers (1993) View citations (65) (1993)

1991

22. Monetary and fiscal policy in an economically unified Europe
    Carnegie-Rochester Conference Series on Public Policy, 1991, 35, (1), 223-259 View citations (1)

1990

23. A comment on Dominguez
    Carnegie-Rochester Conference Series on Public Policy, 1990, 32, (1), 165-171 View citations (1)

1987

24. Macroeconomic Policy and Trade Liberalization: Some Guidelines
    The World Bank Research Observer, 1987, 2, (1), 61-77 View citations (6)

1986

25. Nominal exchange rate regimes and the behavior of real exchange rates: Evidence and implications
    Carnegie-Rochester Conference Series on Public Policy, 1986, 25, (1), 117-214 View citations (578)
26. Safety and Soundness as an Objective of Regulation of Depository Institutions: Comment
    The Journal of Business, 1986, 59, (1), 97-117 View citations (3)

1984

27. U.S. Macroeconomic Policy and Third World Debt
    Cato Journal, 1984, 4, (1), 81-103

1982

28. A Model of Exchange Rate Dynamics
    Journal of Political Economy, 1982, 90, (1), 74-104 View citations (134)
29. Imperfect factor mobility and the distribution of income
    Journal of International Economics, 1982, 12, (1-2), 125-141 View citations (28)

1981

30. Monetary and Fiscal Policies in an Open Economy
    American Economic Review, 1981, 71, (2), 253-58 View citations (10)
    See also Working Paper Monetary and Fiscal Policies in an Open Economy, NBER Working Papers (1980) View citations (3) (1980)
31. Sticky Prices and Disequilibrium Adjustment in a Rational Model of the Inflationary Process
    American Economic Review, 1981, 71, (5), 1020-27 View citations (45)
32. Sticky individual prices and the dynamics of the general price level
    Carnegie-Rochester Conference Series on Public Policy, 1981, 15, (1), 261-296 View citations (9)

1980

33. The Efficiency of Foreign Exchange Markets and Measures of Turbulence
    American Economic Review, 1980, 70, (2), 374-81 View citations (84)
    See also Working Paper Efficiency of Foreign Exchange Markets and Measures of Turbulence, NBER Working Papers (1980) View citations (76) (1980)

1979

34. Empirical regularities in the behavior of exchange rates and theories of the foreign exchange market
    Carnegie-Rochester Conference Series on Public Policy, 1979, 11, (1), 9-57 View citations (195)
35. The two-sector model in terms of its dual: A geometric exposition
    Journal of International Economics, 1979, 9, (4), 513-526 View citations (46)

1978

36. Dynamic Adjustment in the Heckscher-Ohlin-Samuelson Model
    Journal of Political Economy, 1978, 86, (5), 775-91 View citations (108)
37. Monopoly and product quality
    Journal of Economic Theory, 1978, 18, (2), 301-317 View citations (1720)
38. On the inherent stability of rationally adaptive expectations
    Journal of Monetary Economics, 1978, 4, (2), 307-313 View citations (1)

1977

39. The Welfare Cost of Inflation and the Role of Money as a Unit of Account
    Journal of Money, Credit and Banking, 1977, 9, (2), 276-86 View citations (12)

1976

40. Adaptive and regressive expectations in a rational model of the inflationary process
    Journal of Monetary Economics, 1976, 1, (4), 423-442 View citations (1)
41. Cyclical adjustments of wages, prices and employment:: A comment on Parkin, Summer and Ward
    Carnegie-Rochester Conference Series on Public Policy, 1976, 2, (1), 223-234
42. Our recent experience with fixed and flexible exchange rates: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1976, 3, (1), 123-141 View citations (5)

1975

43. Consumption, Real Balances and the Hoarding Function
    International Economic Review, 1975, 16, (2), 415-21 View citations (11)
44. Equities, Interest, and the Stability of the Inflationary Process
    Journal of Money, Credit and Banking, 1975, 7, (4), 433-48

1974

45. A Monetary Approach to Balance-of-Payments Analysis
    Journal of Money, Credit and Banking, 1974, 6, (3), 333-51 View citations (15)
46. Tariffs and the Distribution of Income: The Importance of Factor Specificity, Substitutability, and Intensity in the Short and Long Run
    Journal of Political Economy, 1974, 82, (6), 1191-1203 View citations (219)

Books

2003

1. Monetary stability, financial stability and the business cycle: five views
   BIS Papers, Bank for International Settlements View citations (11)

1987

2. The Taxation of Municipal Bonds: An Economic Appraisal
   Books, American Enterprise Institute

Edited books

2006

1. C. Fred Bergsten and the World Economy
   Peterson Institute Press: All Books, Peterson Institute for International Economics

Chapters

2017

1. The Fund Appears to be Sleeping at the Wheel
   Chapter 17 in TRADE CURRENCIES AND FINANCE, 2017, pp 639-641

2011

2. The Role of the Financial Sector in the Great Recession
   Chapter 8 in The International Financial Crisis Have the Rules of Finance Changed?, 2011, pp 93-116

2000

3. The IMF Approach to Economic Stabilization
   A chapter in NBER Macroeconomics Annual 1999, Volume 14, 2000, pp 79-128 View citations (27)
   See also Working Paper The IMF Approach to Economic Stabilization, International Monetary Fund (1999) View citations (76) (1999)

1999

4. Reforming the International Financial Architecture: Limiting Moral Hazard and Containing Real Hazard
   A chapter in Capital Flows and the International Financial System, 1999 View citations (25)

1994

5. Exchange Rate Policy
   A chapter in American Economic Policy in the 1980s, 1994, pp 293-366 View citations (40)
6. Monetary Policy
   A chapter in American Economic Policy in the 1980s, 1994, pp 81-164 View citations (26)

1993

7. Discussion of 'Recent Thinking About Exchange Rate Determination and Policy'
   A chapter in The Exchange Rate, International Trade and the Balance of Payments, 1993 View citations (2)
8. Panel Session I: Retrospectives
   A chapter in A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform, 1993, pp 495-512

1986

9. The Effects of Commercial, Fiscal, Monetary, and Exchange Rate Policies on the Real Exchange Rate
   A chapter in Economic Adjustment and Exchange Rates in Developing Countries, 1986, pp 43-88 View citations (7)

1985

10. Asset markets, exchange rates and the balance of payments
    Chapter 14 in Handbook of International Economics, 1985, vol. 2, pp 679-747 View citations (96)
    See also Working Paper Asset Markets, Exchange Rates and the Balance of Payments, National Bureau of Economic Research, Inc (1984) View citations (41) (1984)

1984

11. The Theory of Exchange Rate Determination
    A chapter in Exchange Rate Theory and Practice, 1984, pp 13-78 View citations (94)

1983

12. Optimal Economic Integration
    A chapter in Financial Policies and the World Capital Market: The Problem of Latin American Countries, 1983, pp 41-58

1982

13. Government Policy and the Adjustment Process
    A chapter in Import Competition and Response, 1982, pp 73-122 View citations (32)

1977

14. The Exchange Rate, The Balance Of Payments and Monetary and Fiscal Policy Under A Regime of Controlled Floating
    Palgrave Macmillan View citations (6)