Details about Stephen J Turnovsky

Homepage:	http://www.econ.washington.edu/people/stephen-turnovsky
Phone:	(206) 685-8028
Postal address:	Department of Economics University of Washington Box 353330 Seattle WA 98195-3330
Workplace:	Department of Economics, University of Washington, (more information at EDIRC)

Access statistics for papers by Stephen J Turnovsky.

Last updated 2024-10-08. Update your information in the RePEc Author Service.

Short-id: ptu5

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Working Papers

2020

1. Redistribution, Inequality, and Efficiency with Credit Constraints
   Working Papers, University of Pretoria, Department of Economics

2017

2. Dynamic Status Effects, Savings, and Income Inequality
   MPRA Paper, University Library of Munich, Germany View citations (3)
   Also in Graz Economics Papers, University of Graz, Department of Economics (2017) View citations (3)
   See also Journal Article DYNAMIC STATUS EFFECTS, SAVINGS, AND INCOME INEQUALITY, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2020) View citations (15) (2020)
3. Private and Public Health Investment Decisions
   MPRA Paper, University Library of Munich, Germany

2015

4. Income Inequality, Mobility, and the Accumulation of Capital
   Post-Print, HAL View citations (4)
   Also in CESifo Working Paper Series, CESifo (2013)
   See also Journal Article INCOME INEQUALITY, MOBILITY, AND THE ACCUMULATION OF CAPITAL, Macroeconomic Dynamics, Cambridge University Press (2015) View citations (6) (2015)
5. Productive Government Spending and its Consequences for the Growth–Inequality Tradeoff
   Working Papers, University of Pretoria, Department of Economics View citations (9)
   See also Journal Article Productive government spending and its consequences for the growth–inequality tradeoff, Research in Economics, Elsevier (2015) View citations (15) (2015)

2013

6. Anticipated Consumption and its Impact on Capital Accumulation and Growth: 'Forward-Looking' vs. 'Backward-Looking' Consumption Reference
   CESifo Working Paper Series, CESifo

2012

7. Income Inequality, Mobility, and the Accumulation of Capital. The role of Heterogeneous Labor Productivity
   AMSE Working Papers, Aix-Marseille School of Economics, France View citations (1)
   Also in Working Papers, HAL (2012) View citations (1)
8. Social Security, Growth and Welfare in OLG Economies
   Working Papers, University of Washington, Department of Economics

2011

9. Demography and Growth: A Unified Treatment of Overlapping Generations
   Working Papers, University of Washington, Department of Economics View citations (1)
   See also Journal Article DEMOGRAPHY AND GROWTH: A UNIFIED TREATMENT OF OVERLAPPING GENERATIONS, Macroeconomic Dynamics, Cambridge University Press (2013) View citations (5) (2013)
10. Forecasting Inflation using Commodity Price Aggregates
    Working Papers, University of Washington, Department of Economics View citations (4)
    See also Journal Article Forecasting inflation using commodity price aggregates, Journal of Econometrics, Elsevier (2014) View citations (44) (2014)

2009

11. Growth and Inequality in a Small Open Economy
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Journal Article Growth and inequality in a small open economy, Journal of Macroeconomics, Elsevier (2010) View citations (8) (2010)
12. Growth and Inequality: Dependence of the Time Path of Productivity Increases (and other Structural Changes)
    Working Papers, Department of Economics, Florida State University View citations (1)
    Also in Working Papers, University of Washington, Department of Economics (2009) View citations (5)
    See also Journal Article Growth and inequality: Dependence on the time path of productivity increases (and other structural changes), Journal of Economic Dynamics and Control, Elsevier (2012) View citations (19) (2012)

2008

13. Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
    IMF Working Papers, International Monetary Fund View citations (25)
14. How Misleading is Linearization? Evaluating the Dynamics of the Neoclassical Growth Model
    Working Papers, Department of Economics, Florida State University View citations (10)
    See also Journal Article How misleading is linearization? Evaluating the dynamics of the neoclassical growth model, Journal of Economic Dynamics and Control, Elsevier (2010) View citations (21) (2010)
15. Stabilization Theory and Policy: 50 Years after the Phillips Curve
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Journal Article Stabilization Theory and Policy: 50 Years after the Phillips Curve, Economica, London School of Economics and Political Science (2011) View citations (12) (2011)
16. Taxation and Income Distribution Dynamics in a Neoclassical Growth Model
    Working Papers, HAL View citations (7)
    See also Journal Article Taxation and Income Distribution Dynamics in a Neoclassical Growth Model, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (22) (2011)

2007

17. Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation
    Working Papers, University of Washington, Department of Economics
    See also Journal Article Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation, Journal of Public Economic Theory, Association for Public Economic Theory (2008) View citations (5) (2008)
18. Variable Retirement and the Effects of Social Insurance on Savings, Wealth, and Welfare
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)

2006

19. Consumption Externalities, Production Externalities, and Efficient Capital Accumulation under Time Non-Separable Preferences
    Working Papers, University of Washington, Department of Economics View citations (1)
    Also in Discussion Papers, Department of Economics, University of York View citations (63)
    See also Journal Article Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences, European Economic Review, Elsevier (2007) View citations (71) (2007)
20. The Dynamics of Wealth and Income Distribution in a Neoclassical Growth Model
    IDEP Working Papers, Institut d'economie publique (IDEP), Marseille, France View citations (3)
    Also in Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (3)

2005

21. Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates
    Computing in Economics and Finance 2005, Society for Computational Economics
    See also Journal Article Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates, Review of Development Economics, Wiley Blackwell (2006) View citations (4) (2006)
22. Excludable and Non-Excludable Public Inputs: Consequences for Economic Growth
    CESifo Working Paper Series, CESifo View citations (6)
    Also in Working Paper Series in Economics, University of Lüneburg, Institute of Economics (2005) View citations (5)
    Working Papers, University of Washington, Department of Economics (2005) View citations (4)
    See also Journal Article Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth, Economica, London School of Economics and Political Science (2006) View citations (30) (2006)
23. Feedback Approximation of the Stochastic Growth Model by Genetic Neural Networks
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Journal Article Feedback Approximation of the Stochastic Growth Model by Genetic Neural Networks, Computational Economics, Springer (2006) View citations (3) (2006)
24. Foreign Aid and Economic Growth: The Role of Flexible Labor Supply
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Journal Article Foreign aid and economic growth: The role of flexible labor supply, Journal of Development Economics, Elsevier (2007) View citations (68) (2007)
25. Growth and Income Inequality: A Canonical Model
    Working Papers, University of Washington, Department of Economics View citations (3)
    See also Journal Article Growth and income inequality: a canonical model, Economic Theory, Springer (2006) View citations (88) (2006)

2004

26. Equilibrium Consumption and Precautionary Savings in a Stochastically Growing Economy
    Working Papers, University of Washington, Department of Economics
    See also Journal Article Equilibrium consumption and precautionary savings in a stochastically growing economy, Journal of Economic Dynamics and Control, Elsevier (2006) View citations (12) (2006)
27. Habit Formation, Catching Up with the Joneses, and Economic Growth
    Working Papers, University of Washington, Department of Economics View citations (167)
    See also Journal Article Habit Formation, Catching Up with the Joneses, and Economic Growth, Journal of Economic Growth, Springer (2004) View citations (172) (2004)
28. Second-Best Optimal Taxation of Capital and Labor in a Developing Economy
    Working Papers, University of Washington, Department of Economics View citations (2)
    Also in IDEP Working Papers, Institut d'economie publique (IDEP), Marseille, France (2003) View citations (1)
    See also Journal Article Second-best optimal taxation of capital and labor in a developing economy, Journal of Public Economics, Elsevier (2005) View citations (29) (2005)
29. Tied Versus Untied Aid: Consequences For A Growing Economy
    Royal Economic Society Annual Conference 2004, Royal Economic Society View citations (1)
30. Tied Versus Untied Foreign Aid: Consequences for a Growing Economy
    Computing in Economics and Finance 2004, Society for Computational Economics View citations (1)

2003

31. Advances in economics and econometrics:theory and applications
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (408)
32. Consumption Externalities, Production Externalities, and the Accumulation of Capital
    Working Papers, University of Washington, Department of Economics View citations (6)
33. Effects of differential taxation on factor accumulation and growth
    Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia View citations (1)
34. Macroeconomic Volatility and Income Inequality in a Stochastically Growing Economy
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Chapter Macroeconomic volatility and income inequality in a stochastically growing economy, Chapters, Edward Elgar Publishing (2006) (2006)
35. Production Risk and the Functional Distribution of Income in a Developing Economy: Tradeoffs and Policy Responses
    Working Papers, University of Washington, Department of Economics View citations (1)
    See also Journal Article Production risk and the functional distribution of income in a developing economy: tradeoffs and policy responses, Journal of Development Economics, Elsevier (2005) View citations (27) (2005)
36. Renewable Resources in an Endogenously Growing Economy
    Working Papers, University of Washington, Department of Economics
37. Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy
    Working Papers, University of Washington, Department of Economics View citations (2)
    See also Journal Article Sectoral adjustment costs and real exchange rate dynamics in a two-sector dependent economy, Journal of International Economics, Elsevier (2004) View citations (68) (2004)
38. The Welfare Gains from Stabilization in a Stochastically Growing Economy with Idiosyncratic Shocks and Flexible Labor Supply
    Computing in Economics and Finance 2003, Society for Computational Economics
    Also in Working Papers, University of Washington, Department of Economics View citations (9)
    See also Journal Article WELFARE GAINS FROM STABILIZATION IN A STOCHASTICALLY GROWING ECONOMY WITH IDIOSYNCRATIC SHOCKS AND FLEXIBLE LABOR SUPPLY, Macroeconomic Dynamics, Cambridge University Press (2005) View citations (10) (2005)

2002

39. Intertemporal Substitution, Risk Aversion, and Economic Performance in a Stochastically Growing Open Economy
    Working Papers, University of Washington, Department of Economics View citations (3)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) View citations (3)
    Computing in Economics and Finance 2001, Society for Computational Economics (2001)
    Working Papers, University of Washington, Department of Economics (2000) View citations (3)
    See also Journal Article Intertemporal substitution, risk aversion, and economic performance in a stochastically growing open economy, Journal of International Money and Finance, Elsevier (2003) View citations (15) (2003)
40. RENEWABLE RESOURCES IN AN ENDOGENOUSLY GROWING ECONOMY: BALANCED GROWTH AND TRANSITIONAL DYNAMICS
    Economics, Department of Economics, Central bank of Iceland
    See also Journal Article Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics, Journal of Environmental Economics and Management, Elsevier (2004) View citations (62) (2004)
41. Substitutability of Capital, Investment Costs, and Foreign Aid
    Working Papers, University of Washington, Department of Economics View citations (6)
42. Tax reforms and inequality: theoretical and empirical implications
    Working Papers in Economics, Universitat de Barcelona. Espai de Recerca en Economia
43. The Transitional Dynamics of Fiscal Policy: Long-run Capital Accumulation and Growth
    Working Papers, University of Washington, Department of Economics
    Also in Working Papers, University of Washington, Department of Economics (2000) View citations (4)
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) View citations (3)
    Computing in Economics and Finance 2000, Society for Computational Economics (2000) View citations (3)
    See also Journal Article The Transitional Dynamics of Fiscal Policy: Long-Run Capital Accumulation and Growth, Journal of Money, Credit and Banking, Blackwell Publishing (2004) View citations (112) (2004)
44. To Spend the US Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options
    Working Papers, University of Washington, Department of Economics View citations (11)
    See also Journal Article To Spend the U.S. Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options, Journal of the Japanese and International Economies, Elsevier (2002) View citations (10) (2002)
45. production risk and the functional distribution of income in a developing economy
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (1)

2001

46. The Impact of Idiosyncratic Shocks on Welfare and Asset Returns in a Stochastically Growing Economy
    Computing in Economics and Finance 2001, Society for Computational Economics

2000

47. Financial Liberalization and Capital Flow Reversals
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000)
48. Growth in an Open Economy: Some Recent Developments
    Working Papers, University of Washington, Department of Economics View citations (13)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) View citations (13)
    Working Papers, Warwick - Development Economics Research Centre (2000) View citations (13)
    Working Paper Research, National Bank of Belgium (2000) View citations (17)
49. Unilateral Capital Transfers, Public Investment, and Economic Growth
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (3)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (2000) View citations (4)
    Working Papers, University of Washington, Department of Economics (2000) View citations (17)
    See also Journal Article Unilateral capital transfers, public investment, and economic growth, European Economic Review, Elsevier (2003) View citations (122) (2003)

1999

50. Knife-Edge Conditions and the Macroeconomics of Small Open Economies
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1999) View citations (2)
51. Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Papers, University of Washington, Department of Economics (1999) View citations (4)
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1999) View citations (3)
    See also Journal Article Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?, Economic Journal, Royal Economic Society (2002) View citations (15) (2002)

1998

52. Fiscal Policy, Elastic Labor Supply, and Endogenous Growth
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1998)
    See also Journal Article Fiscal policy, elastic labor supply, and endogenous growth, Journal of Monetary Economics, Elsevier (2000) View citations (228) (2000)
53. On the Role of Government in a Stochastically Growing Open Economy
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1998)
    See also Journal Article On the role of government in a stochastically growing open economy, Journal of Economic Dynamics and Control, Elsevier (1999) View citations (34) (1999)
54. Productive Government Expenditure in a Stochastically Growing Economy
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington View citations (5)
    Also in Working Papers, University of Washington, Department of Economics (1998) View citations (1)
    See also Journal Article PRODUCTIVE GOVERNMENT EXPENDITURE IN A STOCHASTICALLY GROWING ECONOMY, Macroeconomic Dynamics, Cambridge University Press (1999) View citations (48) (1999)
55. Scale, Congestion, and Growth
    Working Papers, University of Washington, Department of Economics View citations (4)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1998)
    See also Journal Article Scale, Congestion and Growth, Economica, London School of Economics and Political Science (2000) View citations (3) (2000)
56. Volatility and Growth in Developing Economies: Some Numerical Results and Empirical Evidence
    Working Papers, University of Washington, Department of Economics View citations (8)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1998) View citations (2)
    See also Journal Article Volatility and growth in developing economies: some numerical results and empirical evidence, Journal of International Economics, Elsevier (2003) View citations (80) (2003)

1997

57. Capital Income Taxation and Risk-Taking in a Small Open Economy
    UCLA Economics Working Papers, UCLA Department of Economics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (2)
    See also Journal Article Capital income taxation and risk-taking in a small open economy, Journal of Public Economics, Elsevier (1998) View citations (34) (1998)
58. Congestion and Public Capital
    Economics Series, Institute for Advanced Studies View citations (4)
59. Consequences of Debt Policy in a Stochastically Growing Monetary Economy
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1997)
    See also Journal Article Consequences of Debt Policy in a Stochastically Growing Monetary Economy, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1998) View citations (5) (1998)
60. Non-Scale Growth in an Open Economy
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1997)
61. Risk and Financial Development. A Comparative Case Study of Mexico and Indonesia
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1997)
    See also Journal Article Risk and financial development: a comparative case study of Mexico and Indonesia, Proceedings, Federal Reserve Bank of San Francisco (1996) (1996)
62. Risk, Optimal Government Finance, and Monetary Policies in a Growing Economy
    Working Papers, University of Washington, Department of Economics View citations (1)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1997)
    See also Journal Article Risk, Optimal Government Finance and Monetary Policies in a Growing Economy, Economica, London School of Economics and Political Science (1998) View citations (1) (1998)
63. Toward a General Model of Economic Growth
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1997)

1995

64. INVESTMENT IN A TWO-SECTOR DEPENDENT ECONOMY
    Working papers, Centre for Development Economics, Delhi School of Economics View citations (44)
    See also Journal Article Investment in a Two-Sector Dependent Economy, Journal of the Japanese and International Economies, Elsevier (1995) View citations (52) (1995)

1994

65. FISCAL POLICY, ADJUSTMENT COSTS, AND ENDOGENOUS GROWTH
    Economic Research Papers, University of Warwick - Department of Economics
    See also Journal Article Fiscal Policy, Adjustment Costs, and Endogenous Growth, Oxford Economic Papers, Oxford University Press (1996) View citations (57) (1996)
66. Growth and Savings in Stochastic World Economy
    Working Papers, University of Washington, Department of Economics
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1994)

1993

67. The Dependent Economy Model with Both Traded and Non-Traded Capital Goods
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article The Dependent-Economy Model with Both Traded and Nontraded Capital Goods, Review of International Economics, Wiley Blackwell (1994) View citations (50) (1994)

1992

68. Risk, the Financial Market and Macroeconomic Equilibrium
    Working Papers, University of Washington, Department of Economics View citations (1)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1992) View citations (1)
    See also Journal Article Risk, the financial market, and macroeconomic equilibrium, Journal of Economic Dynamics and Control, Elsevier (1993) View citations (33) (1993)
69. The Growth and Welfare Consequences of Differential Tariffs With Endogenously-Supplied Capital and Labor
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
70. The International Transmission of Tax Policies in a Dynamic World Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    See also Journal Article The International Transmission of Tax Policies in a Dynamic World Economy, Review of International Economics, Wiley Blackwell (1992) View citations (19) (1992)

1991

71. Fiscal Policy and the term Structure of Interest Rates: An Intertemporal Optimizing Analysis
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1991)
    See also Journal Article Fiscal Policy and the Term Structure of Interest Rates: An Intertemporal Optimizing Analysis, Journal of Money, Credit and Banking, Blackwell Publishing (1992) View citations (15) (1992)
72. Stochastic Equilibrium and Exchange Rate Determination a Small Open Economy with Risk Averse Optimizing Agents
    Working Papers, University of Washington, Department of Economics View citations (2)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1991) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations (2)
73. The Impact of Terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1991) View citations (1)
    Working Papers, University of Washington, Department of Economics (1991) View citations (1)
    See also Journal Article The impact of terms of trade shocks on a small open economy: A stochastic analysis, Journal of International Money and Finance, Elsevier (1993) View citations (18) (1993)

1990

74. FISCAL POLICY, CAPITAL ACCUMULATION, AND DEBT IN AN OPEN ECONOMY
    Working Papers, University of Washington, Department of Economics View citations (1)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1990) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (25)
    See also Journal Article Fiscal Policy, Capital Accumulation, and Debt in an Open Economy, Oxford Economic Papers, Oxford University Press (1991) View citations (50) (1991)
75. INVESTMENT TAX CREDIT IN AN OPEN ECONOMY
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington View citations (47)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (46)
    Working Papers, University of Washington, Department of Economics (1990) View citations (51)
    See also Journal Article Investment tax credit in an open economy, Journal of Public Economics, Elsevier (1990) View citations (52) (1990)
76. TARIFFS AND SECTORAL ADJUSTMENTS IN AN OPEN ECONOMY
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington View citations (2)
    Also in Working Papers, University of Washington, Department of Economics (1990) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (1990) View citations (10)
    See also Journal Article Tariffs and sectoral adjustments in an open economy, Journal of Economic Dynamics and Control, Elsevier (1991) View citations (8) (1991)

1989

77. Growth, debt, and sovereign risk in a small, open economy
    Policy Research Working Paper Series, The World Bank View citations (12)
78. THE EFFECTS OF TAXES AND DEVIDEND POLICY ON CAPITAL ACCUMULATION AND MACROECONOMIC BEHAVIOR
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1989)
    See also Journal Article The effects of taxes and dividend policy on capital accumulation and macroeconomic behavior, Journal of Economic Dynamics and Control, Elsevier (1990) View citations (24) (1990)
79. THE TERM STRUCTURE OF INTEREST RATES AND THE EFFETS OF MACROECONOMICS POLICY
    Working Papers, University of Washington, Department of Economics View citations (3)
    Also in Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington (1989) View citations (2)
    NBER Working Papers, National Bureau of Economic Research, Inc (1989) View citations (23)
    See also Journal Article The Term Structure of Interest Rates and the Effects of Macroeconomic Policy, Journal of Money, Credit and Banking, Blackwell Publishing (1989) View citations (22) (1989)

1988

80. DETERIORATION OF THE TERM OF TRADE AND CAPITAL ECCUMULATION A REEXAMINATION OF THE LAURSEN-METZLER EFFECT
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington View citations (1)
    Also in Working Papers, University of Washington, Department of Economics (1988)
    NBER Working Papers, National Bureau of Economic Research, Inc (1988) View citations (16)
    See also Journal Article Deterioration of the terms of trade and capital accumulation: A re-examination of the Laursen-Metzler effect, Journal of International Economics, Elsevier (1989) View citations (64) (1989)
81. STRATEGIC WAGES POLICY AND THE GAINS FROM COOPERATION
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1988)
82. THE CHOICE OF MONETARY INSTRUMENT IN TWO INTERDEPENDENT ECONOMICS UNDER UNCERTAINTY THE LAURSEN-METZLER EFFECT
    Discussion Papers in Economics at the University of Washington, Department of Economics at the University of Washington
    Also in Working Papers, University of Washington, Department of Economics (1988)
83. Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1989) View citations (49) (1989)
84. The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article The choice of monetary instrument in two interdependent economies under uncertainty, Journal of Monetary Economics, Elsevier (1989) View citations (10) (1989)

1987

85. Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982
    NBER Working Papers, National Bureau of Economic Research, Inc
86. Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    See also Journal Article Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies, American Economic Review, American Economic Association (1988) View citations (27) (1988)
87. Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1987) View citations (2) (1987)
88. The Gains from Fiscal Cooperation in the Two Commodity Real Trade Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article The gains from fiscal cooperation in the two-commodity real trade model, Journal of International Economics, Elsevier (1988) View citations (41) (1988)

1986

89. Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach, Economic Journal, Royal Economic Society (1986) View citations (12) (1986)
90. Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Optimal monetary growth with accommodating fiscal policy in a small open economy, Journal of International Money and Finance, Elsevier (1987) View citations (5) (1987)
91. Optimal Monetary Policy and Wage Indexation Under Alternative Disturbances and Information Structures
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Optimal Monetary Policy and Wage Indexation under Alternative Disturbances and Information Structures, Journal of Money, Credit and Banking, Blackwell Publishing (1987) View citations (9) (1987)
92. Optimal Monetary Policy in an Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
93. Optimal Tariffs in Consistent Conjectural Variations Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Optimal tariffs in consistent conjectural variations equilibrium, Journal of International Economics, Elsevier (1986) View citations (1) (1986)
94. Supply Shocks and Optimal Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Supply Shocks and Optimal Monetary Policy, Oxford Economic Papers, Oxford University Press (1987) View citations (3) (1987)

1985

95. An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article An analysis of the stabilizing and welfare effects of intervention in spot and futures markets, Journal of Public Economics, Elsevier (1985) View citations (2) (1985)
96. Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article Macroeconomic stabilization through taxation and indexation: The use of firm-specific information, Journal of Monetary Economics, Elsevier (1985) View citations (2) (1985)
97. Monetary and Fiscal Policy Under Perfect Foresight: A Symmetric Two Country Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
98. Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Short-term and long-term interest rates in a monetary model of a small open economy, Journal of International Economics, Elsevier (1986) View citations (14) (1986)

1984

99. Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    See also Journal Article Domestic and foreign disturbances in an optimizing model of exchange-rate determination, Journal of International Money and Finance, Elsevier (1985) View citations (98) (1985)
100. Exchange Market Intervention Under Alternative Forms of Exogenous Disturbances
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
     See also Journal Article Exchange market intervention under alternative forms of exogenous disturbances, Journal of International Economics, Elsevier (1984) View citations (7) (1984)

1983

101. Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
     See also Journal Article Imported Materials Prices, Wage Policy, and Macro-economic Stabilization, Canadian Journal of Economics, Canadian Economics Association (1985) View citations (9) (1985)
102. The Forward Exchange Market, Speculation, and Exchange Market Intervention
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
     See also Journal Article The Forward Exchange Market, Speculation, and Exchange Market Intervention, The Quarterly Journal of Economics, President and Fellows of Harvard College (1984) View citations (9) (1984)
103. Wage Indexation and Exchange Market Intervention in a Small Open Economy
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
     See also Journal Article Wage Indexation and Exchange Market Interventions in a Small Open Economy, Canadian Journal of Economics, Canadian Economics Association (1983) View citations (33) (1983)

1982

104. Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
     See also Journal Article Covered Interest Parity, Uncovered Interest Parity and Exchange Rate Dynamics, Economic Journal, Royal Economic Society (1983) View citations (12) (1983)

1974

105. The Dynamics of Government Policy in an Inflationary Economy" An `Intermediate-Run' Analysis
     Research Program in Finance Working Papers, University of California at Berkeley
     See also Journal Article The Dynamics of Government Policy in an Inflationary Economy: An "Intermediate-Run" Analysis, Journal of Money, Credit and Banking, Blackwell Publishing (1976) View citations (6) (1976)

1971

106. A test of the \"expectations hypothesis\" using directly observed wage and price expectations
     Staff Studies, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
     See also Journal Article A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations, The Review of Economics and Statistics, MIT Press (1972) View citations (20) (1972)

Undated

107. Growth, Income Inequality, and Fiscal Policy: What are the Relevant Tradeoffs?
     Working Papers, University of Washington, Department of Economics View citations (4)
     See also Journal Article Growth, Income Inequality, and Fiscal Policy: What Are the Relevant Trade-offs?, Journal of Money, Credit and Banking, Blackwell Publishing (2007) View citations (37) (2007)
108. Trade, Growth, and Environmental Quality
     Working Papers, University of Washington, Department of Economics
     See also Journal Article Trade, Growth, and Environmental Quality*, Review of International Economics, Wiley Blackwell (2009) View citations (1) (2009)
109. Transitional Dynamics in Non-Scale Growth Models
     Computing in Economics and Finance 1997, Society for Computational Economics View citations (14)

Journal Articles

2023

1. Government expenditure and informality in an emerging economy: the recent experience of India
   Indian Economic Review, 2023, 58, (2), 293-318 View citations (1)
2. Tax systems and public borrowing limits in a fiscal union
   International Tax and Public Finance, 2023, 30, (2), 351-395 View citations (1)

2022

3. Economic growth and inequality tradeoffs under progressive taxation
   Journal of Economic Dynamics and Control, 2022, 143, (C) View citations (6)
4. Foreign aid, public investment, and the informal economy
   Economic Inquiry, 2022, 60, (1), 174-201 View citations (1)
5. In Memoriam: Ngo Van Long (1948–2022)
   Journal of Public Economic Theory, 2022, 24, (2), 410-410
6. International financial integration, the level of development, and income inequality: Some empirical evidence
   International Review of Economics & Finance, 2022, 82, (C), 48-64 View citations (5)
7. Productive government expenditure and its impact on income inequality: evidence from international panel data
   Review of World Economics (Weltwirtschaftliches Archiv), 2022, 158, (1), 331-364 View citations (3)
8. The Effects of Globalization on Skilled Labor, Unskilled Labor, and the Skill Premium
   Open Economies Review, 2022, 33, (3), 407-452 View citations (1)

2021

9. Differential Tariffs and Income Inequality in the United States: Some Evidence from the States
   Open Economies Review, 2021, 32, (1), 1-35
10. Migrant Labor and Remittances: Macroeconomic Consequences and Policy Responses
    Journal of Human Capital, 2021, 15, (1), 128 - 173 View citations (2)
11. Re-opening after the lockdown: Long-run aggregate and distributional consequences of COVID-19
    Journal of Mathematical Economics, 2021, 93, (C) View citations (9)
12. TAXATION AND PUBLIC HEALTH INVESTMENT: POLICY CHOICES AND TRADEOFFS
    Macroeconomic Dynamics, 2021, 25, (2), 426-461 View citations (2)
13. Wealth and income inequality in a monetary economy
    Economic Theory Bulletin, 2021, 9, (2), 225-245 View citations (2)

2020

14. DYNAMIC STATUS EFFECTS, SAVINGS, AND INCOME INEQUALITY
    International Economic Review, 2020, 61, (1), 351-382 View citations (15)
    See also Working Paper Dynamic Status Effects, Savings, and Income Inequality, MPRA Paper (2017) View citations (3) (2017)
15. Financial globalization and its consequences for productive government expenditure
    Journal of Macroeconomics, 2020, 66, (C)
16. Redistribution, inequality, and efficiency with credit constraints: Implications for South Africa
    Economic Modelling, 2020, 93, (C), 259-277 View citations (5)

2019

17. Demographic structures, savings, and international capital flows
    Journal of International Money and Finance, 2019, 98, (C), - View citations (2)
18. Financial Globalization and the Increase in the Size of Government: Are They Related?
    Open Economies Review, 2019, 30, (2), 219-253 View citations (1)
19. International financial integration and income inequality in a stochastically growing economy
    Journal of International Economics, 2019, 119, (C), 55-74 View citations (16)
20. Public policy, dynamic status preferences, and wealth inequality
    Journal of Public Economic Theory, 2019, 21, (5), 923-944 View citations (13)
21. Trends and fads in macroeconomic dynamics
    Indian Economic Review, 2019, 54, (1), 179-197
    Also in Indian Economic Review, 1996, 31, (1), 23-40 (1996) View citations (1)

2018

22. Balanced-budget rules and risk-sharing in a fiscal union
    Journal of Macroeconomics, 2018, 57, (C), 277-298 View citations (1)
23. Growth and unemployment: Short-run and long-run tradeoffs
    Journal of Economic Dynamics and Control, 2018, 91, (C), 172-189 View citations (4)
24. Remittances and the informal economy
    Journal of Development Economics, 2018, 133, (C), 66-83 View citations (37)
25. The distributional consequences of trade liberalization: Consumption tariff versus investment tariff reduction
    Journal of Development Economics, 2018, 134, (C), 392-415 View citations (6)

2017

26. Closing the Small Open Economy Model: A Demographic Approach
    Review of International Economics, 2017, 25, (1), 44-75 View citations (12)
27. Tariff Reduction and Income Inequality: Some Empirical Evidence
    Open Economies Review, 2017, 28, (4), 603-631 View citations (11)

2016

28. Anticipated consumption and its impact on capital accumulation and growth: “Forward-looking” versus “backward-looking” consumption reference
    International Journal of Economic Theory, 2016, 12, (3), 203-232 View citations (9)
29. PUSH, PULL, AND POPULATION SIZE EFFECTS IN STRUCTURAL DEVELOPMENT: LONG-RUN TRADE-OFFS
    Journal of Demographic Economics, 2016, 82, (4), 423-457 View citations (3)
    Also in JODE - Journal of Demographic Economics, 2016, 82, (4), 423-457 (2016) View citations (6)
30. Population Size Effects in the Structural Development of England
    American Economic Journal: Macroeconomics, 2016, 8, (3), 195-229 View citations (15)
31. The Dynamics of Growth and Income Inequality under Progressive Taxation
    Journal of Public Economic Theory, 2016, 18, (4), 560-588 View citations (5)

2015

32. Economic growth and inequality: The role of public investment
    Journal of Economic Dynamics and Control, 2015, 61, (C), 204-221 View citations (20)
33. Erratum to: The Consequences of Tariff Reduction for Economic Activity and Inequality
    Open Economies Review, 2015, 26, (4), 601-631 View citations (3)
34. INCOME INEQUALITY, MOBILITY, AND THE ACCUMULATION OF CAPITAL
    Macroeconomic Dynamics, 2015, 19, (6), 1332-1357 View citations (6)
    See also Working Paper Income Inequality, Mobility, and the Accumulation of Capital, Post-Print (2015) View citations (4) (2015)
35. Inflation Targeting and Economic Reforms in New Zealand
    International Journal of Central Banking, 2015, 11, (4), 145-198 View citations (6)
36. Productive government spending and its consequences for the growth–inequality tradeoff
    Research in Economics, 2015, 69, (4), 621-640 View citations (15)
    See also Working Paper Productive Government Spending and its Consequences for the Growth–Inequality Tradeoff, Working Papers (2015) View citations (9) (2015)
37. The Consequences of Tariff Reduction for Economic Activity and Inequality
    Open Economies Review, 2015, 26, (4), 599-599 View citations (4)

2014

38. Capital accumulation and the sources of demographic change
    Journal of Population Economics, 2014, 27, (3), 857-894 View citations (19)
39. Demography, growth, and inequality
    Economic Theory, 2014, 55, (1), 29-68 View citations (21)
40. Forecasting inflation using commodity price aggregates
    Journal of Econometrics, 2014, 183, (1), 117-134 View citations (44)
    See also Working Paper Forecasting Inflation using Commodity Price Aggregates, Working Papers (2011) View citations (4) (2011)

2013

41. DEMOGRAPHY AND GROWTH: A UNIFIED TREATMENT OF OVERLAPPING GENERATIONS
    Macroeconomic Dynamics, 2013, 17, (8), 1605-1637 View citations (5)
    See also Working Paper Demography and Growth: A Unified Treatment of Overlapping Generations, Working Papers (2011) View citations (1) (2011)
42. Exchange rate pass-through and the effects of tariffs on economic performance and welfare
    Journal of International Money and Finance, 2013, 33, (C), 81-102 View citations (5)
43. Social security, growth, and welfare in overlapping generations economies with or without annuities
    Journal of Public Economics, 2013, 101, (C), 12-24 View citations (33)
44. The Interaction between Human and Physical Capital Accumulation and the Growth-Inequality Trade-off
    Journal of Human Capital, 2013, 7, (1), 26 - 75 View citations (5)
45. The relationship between economic growth and inequality
    New Zealand Economic Papers, 2013, 47, (2), 113-139 View citations (4)

2012

46. Growth and inequality: Dependence on the time path of productivity increases (and other structural changes)
    Journal of Economic Dynamics and Control, 2012, 36, (3), 331-348 View citations (19)
    See also Working Paper Growth and Inequality: Dependence of the Time Path of Productivity Increases (and other Structural Changes), Working Papers (2009) View citations (1) (2009)
47. Infrastructure and inequality
    European Economic Review, 2012, 56, (8), 1730-1745 View citations (62)
48. The Effects of Foreign Transfers with Flexible Labor Supply
    Ekonomi-tek - International Economics Journal, 2012, 1, (1), 1-39
49. The distributional consequences of foreign transfers: do they reduce or exacerbate inequality?
    Oxford Economic Papers, 2012, 64, (4), 702-735 View citations (7)

2011

50. On the role of small models in macrodynamics
    Journal of Economic Dynamics and Control, 2011, 35, (9), 1605-1613 View citations (9)
51. Real exchange rate dynamics: The role of elastic labor supply
    Journal of International Money and Finance, 2011, 30, (7), 1303-1322 View citations (5)
52. Stabilization Theory and Policy: 50 Years after the Phillips Curve
    Economica, 2011, 78, (309), 67-88 View citations (12)
    See also Working Paper Stabilization Theory and Policy: 50 Years after the Phillips Curve, Working Papers (2008) View citations (1) (2008)
53. Taxation and Income Distribution Dynamics in a Neoclassical Growth Model
    Journal of Money, Credit and Banking, 2011, 43, (8), 1543-1577 View citations (22)
    Also in Journal of Money, Credit and Banking, 2011, 43, (8), 1543-1577 (2011) View citations (8)
    See also Working Paper Taxation and Income Distribution Dynamics in a Neoclassical Growth Model, Working Papers (2008) View citations (7) (2008)
54. The Accumulation of Human Capital and Income Inequality in a Two-Sector Economy
    Journal of Human Capital, 2011, 5, (4), 418 - 452 View citations (15)
55. The Impact of Energy Prices on Growth and Welfare in a Developing Open Economy
    Open Economies Review, 2011, 22, (3), 365-386 View citations (8)
56. The impact of oil prices on an oil-importing developing economy
    Journal of Development Economics, 2011, 94, (1), 18-29 View citations (39)

2010

57. AGGREGATE AND DISTRIBUTIONAL EFFECTS OF TAX POLICY WITH INTERDEPENDENT PREFERENCES: THE ROLE OF “CATCHING UP WITH THE JONESES”
    Macroeconomic Dynamics, 2010, 14, (S2), 200-223 View citations (8)
58. Foreign debt supply in an imperfect international capital market: Theory and evidence
    Journal of International Money and Finance, 2010, 29, (2), 201-223 View citations (21)
59. Growth and inequality in a small open economy
    Journal of Macroeconomics, 2010, 32, (2), 497-514 View citations (8)
    See also Working Paper Growth and Inequality in a Small Open Economy, Working Papers (2009) View citations (1) (2009)
60. How misleading is linearization? Evaluating the dynamics of the neoclassical growth model
    Journal of Economic Dynamics and Control, 2010, 34, (9), 1550-1571 View citations (21)
    See also Working Paper How Misleading is Linearization? Evaluating the Dynamics of the Neoclassical Growth Model, Working Papers (2008) View citations (10) (2008)
61. INTRODUCTION TO MACROECONOMIC DYNAMICS SPECIAL ISSUE: PUBLIC POLICY, EXTERNALITIES, AND ECONOMIC GROWTH
    Macroeconomic Dynamics, 2010, 14, (S2), 145-150

2009

62. Fiscal policy and the structure of production in a two-sector developing economy
    Journal of Development Economics, 2009, 88, (2), 205-216 View citations (32)
63. Foreign Transfers and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
    Open Economies Review, 2009, 20, (2), 147-181 View citations (16)
64. THE DYNAMICS OF WEALTH INEQUALITY IN A SIMPLE RAMSEY MODEL: A NOTE ON THE ROLE OF PRODUCTION FLEXIBILITY
    Macroeconomic Dynamics, 2009, 13, (2), 250-262 View citations (11)
65. Trade, Growth, and Environmental Quality*
    Review of International Economics, 2009, 17, (5), 906-926 View citations (1)
    See also Working Paper Trade, Growth, and Environmental Quality, Working Papers

2008

66. Consumption externalities: a representative consumer model when agents are heterogeneous
    Economic Theory, 2008, 37, (3), 439-467 View citations (50)
67. Distributional dynamics in a neoclassical growth model: The role of elastic labor supply
    Journal of Economic Dynamics and Control, 2008, 32, (5), 1399-1431 View citations (42)
68. Dynamic effects of terms of trade shocks: The impact on debt and growth
    Journal of International Money and Finance, 2008, 27, (6), 876-896 View citations (25)
69. Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation
    Journal of Public Economic Theory, 2008, 10, (1), 27-53 View citations (5)
    See also Working Paper Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation, Working Papers (2007) (2007)
70. The composition of productive government expenditure
    Indian Growth and Development Review, 2008, 1, (1), 57-83 View citations (13)
71. The role of factor substitution in the theory of economic growth and income distribution: Two examples
    Journal of Macroeconomics, 2008, 30, (2), 604-629 View citations (15)

2007

72. Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences
    European Economic Review, 2007, 51, (2), 479-504 View citations (71)
    See also Working Paper Consumption Externalities, Production Externalities, and Efficient Capital Accumulation under Time Non-Separable Preferences, Working Papers (2006) View citations (1) (2006)
73. Foreign aid and economic growth: The role of flexible labor supply
    Journal of Development Economics, 2007, 84, (1), 507-533 View citations (68)
    See also Working Paper Foreign Aid and Economic Growth: The Role of Flexible Labor Supply, Working Papers (2005) View citations (1) (2005)
74. Growth, Income Inequality, and Fiscal Policy: What Are the Relevant Trade-offs?
    Journal of Money, Credit and Banking, 2007, 39, (2-3), 369-394 View citations (37)
    Also in Journal of Money, Credit and Banking, 2007, 39, (2‐3), 369-394 (2007) View citations (7)
    See also Working Paper Growth, Income Inequality, and Fiscal Policy: What are the Relevant Tradeoffs?, Working Papers View citations (4)
75. Uncertain Retirement and the Effects of Social Insurance on Savings, Wealth, and Welfare
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2007, 1, 1-41

2006

76. Anticipated Fiscal Policy Changes and Goods Market Adjustments
    German Economic Review, 2006, 7, (2), 135-161
    Also in German Economic Review, 2006, 7, (2), 135-161 (2006) View citations (2)
77. Congestion and Fiscal Policy in a Two-Sector Economy with Public Capital: A Quantitative Assessment
    Computational Economics, 2006, 28, (2), 177-209 View citations (8)
78. Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates
    Review of Development Economics, 2006, 10, (3), 411-433 View citations (4)
    See also Working Paper Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates, Computing in Economics and Finance 2005 (2005) (2005)
79. Equilibrium consumption and precautionary savings in a stochastically growing economy
    Journal of Economic Dynamics and Control, 2006, 30, (2), 243-278 View citations (12)
    See also Working Paper Equilibrium Consumption and Precautionary Savings in a Stochastically Growing Economy, Working Papers (2004) (2004)
80. Excludable and Non‐excludable Public Inputs: Consequences for Economic Growth
    Economica, 2006, 73, (292), 725-748 View citations (30)
    See also Working Paper Excludable and Non-Excludable Public Inputs: Consequences for Economic Growth, CESifo Working Paper Series (2005) View citations (6) (2005)
81. Feedback Approximation of the Stochastic Growth Model by Genetic Neural Networks
    Computational Economics, 2006, 27, (2), 185-206 View citations (3)
    See also Working Paper Feedback Approximation of the Stochastic Growth Model by Genetic Neural Networks, Working Papers (2005) View citations (1) (2005)
82. Growth and income inequality: a canonical model
    Economic Theory, 2006, 28, (1), 25-49 View citations (88)
    See also Working Paper Growth and Income Inequality: A Canonical Model, Working Papers (2005) View citations (3) (2005)
83. Public and private production in a two-sector economy
    Journal of Macroeconomics, 2006, 28, (2), 273-302 View citations (11)

2005

84. Consumption externalities, production externalities, and long-run macroeconomic efficiency
    Journal of Public Economics, 2005, 89, (5-6), 1097-1129 View citations (175)
85. Financing Public Investment through Foreign Aid: Consequences for Economic Growth and Welfare*
    Review of International Economics, 2005, 13, (1), 20-44 View citations (51)
86. Production risk and the functional distribution of income in a developing economy: tradeoffs and policy responses
    Journal of Development Economics, 2005, 76, (1), 175-208 View citations (27)
    See also Working Paper Production Risk and the Functional Distribution of Income in a Developing Economy: Tradeoffs and Policy Responses, Working Papers (2003) View citations (1) (2003)
87. Second-best optimal taxation of capital and labor in a developing economy
    Journal of Public Economics, 2005, 89, (5-6), 1045-1074 View citations (29)
    See also Working Paper Second-Best Optimal Taxation of Capital and Labor in a Developing Economy, Working Papers (2004) View citations (2) (2004)
88. WELFARE GAINS FROM STABILIZATION IN A STOCHASTICALLY GROWING ECONOMY WITH IDIOSYNCRATIC SHOCKS AND FLEXIBLE LABOR SUPPLY
    Macroeconomic Dynamics, 2005, 9, (3), 321-357 View citations (10)
    See also Working Paper The Welfare Gains from Stabilization in a Stochastically Growing Economy with Idiosyncratic Shocks and Flexible Labor Supply, Computing in Economics and Finance 2003 (2003) (2003)

2004

89. Capital Income Taxes and Growth in a Stochastic Economy: A Numerical Analysis of the Role of Risk Aversion and Intertemporal Substitution
    Journal of Public Economic Theory, 2004, 6, (2), 277-310 View citations (12)
90. Habit Formation, Catching Up with the Joneses, and Economic Growth
    Journal of Economic Growth, 2004, 9, (1), 47-80 View citations (172)
    See also Working Paper Habit Formation, Catching Up with the Joneses, and Economic Growth, Working Papers (2004) View citations (167) (2004)
91. Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics
    Journal of Environmental Economics and Management, 2004, 48, (3), 1018-1049 View citations (62)
    See also Working Paper RENEWABLE RESOURCES IN AN ENDOGENOUSLY GROWING ECONOMY: BALANCED GROWTH AND TRANSITIONAL DYNAMICS, Economics (2002) (2002)
92. Sectoral adjustment costs and real exchange rate dynamics in a two-sector dependent economy
    Journal of International Economics, 2004, 63, (1), 147-177 View citations (68)
    See also Working Paper Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector Dependent Economy, Working Papers (2003) View citations (2) (2003)
93. The Transitional Dynamics of Fiscal Policy: Long-Run Capital Accumulation and Growth
    Journal of Money, Credit and Banking, 2004, 36, (5), 883-910 View citations (112)
    See also Working Paper The Transitional Dynamics of Fiscal Policy: Long-run Capital Accumulation and Growth, Working Papers (2002) (2002)

2003

94. Intertemporal substitution, risk aversion, and economic performance in a stochastically growing open economy
    Journal of International Money and Finance, 2003, 22, (4), 529-556 View citations (15)
    See also Working Paper Intertemporal Substitution, Risk Aversion, and Economic Performance in a Stochastically Growing Open Economy, Working Papers (2002) View citations (3) (2002)
95. Unilateral capital transfers, public investment, and economic growth
    European Economic Review, 2003, 47, (6), 1077-1103 View citations (122)
    See also Working Paper Unilateral Capital Transfers, Public Investment, and Economic Growth, Econometric Society World Congress 2000 Contributed Papers (2000) View citations (3) (2000)
96. Volatility and growth in developing economies: some numerical results and empirical evidence
    Journal of International Economics, 2003, 59, (2), 267-295 View citations (80)
    See also Working Paper Volatility and Growth in Developing Economies: Some Numerical Results and Empirical Evidence, Working Papers (1998) View citations (8) (1998)

2002

97. Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model
    Journal of Economic Dynamics and Control, 2002, 26, (9-10), 1765-1785 View citations (53)
98. Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?
    Economic Journal, 2002, 112, (476), 107-132 View citations (15)
    See also Working Paper Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?, NBER Working Papers (1999) View citations (4) (1999)
99. Speculative Attacks and the Dynamics of Exchange Rates
    Annals of Economics and Finance, 2002, 3, (2), 219-248
100. The Dynamics of Temporary Policies in a Small Open Economy
     Review of International Economics, 2002, 10, (4), 604-622 View citations (30)
101. To Spend the U.S. Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options
     Journal of the Japanese and International Economies, 2002, 16, (4), 405-435 View citations (10)
     See also Working Paper To Spend the US Government Surplus or to Increase the Deficit? A Numerical Analysis of the Policy Options, Working Papers (2002) View citations (11) (2002)

2001

102. Financial Liberalizations and Capital Flow Reversals―Optimal Policy for Short and Long Term Debt Management―
     Economic Review, 2001, 52, (4), 300-314 View citations (2)
103. Transitional dynamics in a two-sector non-scale growth model
     Journal of Economic Dynamics and Control, 2001, 25, (1-2), 85-113 View citations (62)

2000

104. Differential tariffs, growth, and welfare in a small open economy
     Journal of Development Economics, 2000, 62, (2), 315-342 View citations (23)
105. Fiscal policy, elastic labor supply, and endogenous growth
     Journal of Monetary Economics, 2000, 45, (1), 185-210 View citations (228)
     See also Working Paper Fiscal Policy, Elastic Labor Supply, and Endogenous Growth, Working Papers (1998) (1998)
106. Government Policy in a Stochastic Growth Model with Elastic Labor Supply
     Journal of Public Economic Theory, 2000, 2, (4), 389-433 View citations (43)
107. Optimal Policy for Financial Market Liberalizations: Decentralization and Capital Flow Reversals
     German Economic Review, 2000, 1, (1), 19-42 View citations (12)
     Also in German Economic Review, 2000, 1, (1), 19-42 (2000) View citations (12)
108. Scale, Congestion and Growth
     Economica, 2000, 67, (267), 325-346 View citations (3)
     See also Working Paper Scale, Congestion, and Growth, Working Papers (1998) View citations (4) (1998)

1999

109. Budget Balance, Welfare, and the Growth Rate: "Dynamic Scoring" of the Long-Run Government Budget
     Journal of Money, Credit and Banking, 1999, 31, (2), 162-86 View citations (84)
110. Convergence in a Two-Sector Nonscale Growth Model
     Journal of Economic Growth, 1999, 4, (4), 413-28 View citations (46)
111. Fiscal Policy and Growth in a Small Open Economy with Elastic Labor Supply
     Canadian Journal of Economics, 1999, 32, (5), 1191-1214 View citations (30)
112. International Capital Markets and Non-scale Growth
     Review of International Economics, 1999, 7, (2), 171-88 View citations (17)
113. Non-scale Models of Economic Growth
     Economic Journal, 1999, 109, (457), 394-415 View citations (87)
114. On the role of government in a stochastically growing open economy
     Journal of Economic Dynamics and Control, 1999, 23, (5-6), 873-908 View citations (34)
     See also Working Paper On the Role of Government in a Stochastically Growing Open Economy, Discussion Papers in Economics at the University of Washington (1998) (1998)
115. PRODUCTIVE GOVERNMENT EXPENDITURE IN A STOCHASTICALLY GROWING ECONOMY
     Macroeconomic Dynamics, 1999, 3, (4), 544-570 View citations (48)
     See also Working Paper Productive Government Expenditure in a Stochastically Growing Economy, Discussion Papers in Economics at the University of Washington (1998) View citations (5) (1998)

1998

116. Capital income taxation and risk-taking in a small open economy
     Journal of Public Economics, 1998, 68, (1), 55-90 View citations (34)
     See also Working Paper Capital Income Taxation and Risk-Taking in a Small Open Economy, UCLA Economics Working Papers (1997) View citations (1) (1997)
117. Consequences of Debt Policy in a Stochastically Growing Monetary Economy
     International Economic Review, 1998, 39, (2), 495-521 View citations (5)
     See also Working Paper Consequences of Debt Policy in a Stochastically Growing Monetary Economy, Discussion Papers in Economics at the University of Washington (1997) (1997)
118. Public Investment, Congestion, and Private Capital Accumulation
     Economic Journal, 1998, 108, (447), 399-413 View citations (133)
119. Risk, Optimal Government Finance and Monetary Policies in a Growing Economy
     Economica, 1998, 65, (259), 401-427 View citations (1)
     See also Working Paper Risk, Optimal Government Finance, and Monetary Policies in a Growing Economy, Working Papers (1997) View citations (1) (1997)

1997

120. Equilibrium Growth in a Small Economy Facing an Imperfect World Capital Market
     Review of Development Economics, 1997, 1, (1), 1-22 View citations (31)
121. FISCAL POLICY IN A GROWING ECONOMY WITH PUBLIC CAPITAL
     Macroeconomic Dynamics, 1997, 1, (3), 615-639 View citations (142)
122. International Effects of Government Expenditure in Interdependent Economies
     Canadian Journal of Economics, 1997, 30, (1), 57-84 View citations (16)

1996

123. Adjustment costs and investment in a stochastic endogenous growth model
     Journal of Monetary Economics, 1996, 38, (1), 77-100 View citations (30)
124. Endogenous Growth in a Dependent Economy with Traded and Nontraded Capital
     Review of International Economics, 1996, 4, (3), 300-321 View citations (18)
125. Fiscal Policy, Adjustment Costs, and Endogenous Growth
     Oxford Economic Papers, 1996, 48, (3), 361-81 View citations (57)
     See also Working Paper FISCAL POLICY, ADJUSTMENT COSTS, AND ENDOGENOUS GROWTH, Economic Research Papers (1994) (1994)
126. Fiscal policy, growth, and macroeconomic performance in a small open economy
     Journal of International Economics, 1996, 40, (1-2), 41-66 View citations (63)
127. Optimal government finance policy and exchange rate management in a stochastically growing open economy
     Journal of International Money and Finance, 1996, 15, (5), 687-716 View citations (11)
128. Optimal tax, debt, and expenditure policies in a growing economy
     Journal of Public Economics, 1996, 60, (1), 21-44 View citations (127)
129. Risk and financial development: a comparative case study of Mexico and Indonesia
     Proceedings, 1996, 147-179
     See also Working Paper Risk and Financial Development. A Comparative Case Study of Mexico and Indonesia, Working Papers (1997) (1997)

1995

130. Investment in a Two-Sector Dependent Economy
     Journal of the Japanese and International Economies, 1995, 9, (1), 29-55 View citations (52)
     See also Working Paper INVESTMENT IN A TWO-SECTOR DEPENDENT ECONOMY, Working papers (1995) View citations (44) (1995)
131. OPTIMAL TAX POLICY IN A STOCHASTICALLY GROWING ECONOMY
     The Japanese Economic Review, 1995, 46, (2), 125-147 View citations (6)
132. The composition of government expenditure and its consequences for macroeconomic performance
     Journal of Economic Dynamics and Control, 1995, 19, (4), 747-786 View citations (172)

1994

133. Exchange rate determination and asset prices in a stochastic small open economy
     Journal of International Economics, 1994, 36, (1-2), 75-97 View citations (43)
134. External markets, exchange rate dynamics and the impact of monetary disturbances
     Journal of International Money and Finance, 1994, 13, (5), 499-515
135. Taxes, housing, and capital accumulation in a two-sector growing economy
     Journal of Public Economics, 1994, 53, (2), 245-267 View citations (21)
136. The Dependent-Economy Model with Both Traded and Nontraded Capital Goods
     Review of International Economics, 1994, 2, (3), 306-25 View citations (50)
     See also Working Paper The Dependent Economy Model with Both Traded and Non-Traded Capital Goods, NBER Working Papers (1993) View citations (3) (1993)

1993

137. Macroeconomic Policies, Growth, and Welfare in a Stochastic Economy
     International Economic Review, 1993, 34, (4), 953-81 View citations (60)
138. Risk, the financial market, and macroeconomic equilibrium
     Journal of Economic Dynamics and Control, 1993, 17, (1-2), 1-36 View citations (33)
     See also Working Paper Risk, the Financial Market and Macroeconomic Equilibrium, Working Papers (1992) View citations (1) (1992)
139. The Growth and Welfare Consequences of Differential Tariffs
     International Economic Review, 1993, 34, (4), 765-94 View citations (25)
140. The impact of terms of trade shocks on a small open economy: A stochastic analysis
     Journal of International Money and Finance, 1993, 12, (3), 278-297 View citations (18)
     See also Working Paper The Impact of Terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis, NBER Working Papers (1991) View citations (11) (1991)

1992

141. Exchange rate management: a partial review
     Proceedings, 1992, 99-137 View citations (4)
142. Fiscal Policy and the Term Structure of Interest Rates: An Intertemporal Optimizing Analysis
     Journal of Money, Credit and Banking, 1992, 24, (1), 1-26 View citations (15)
     See also Working Paper Fiscal Policy and the term Structure of Interest Rates: An Intertemporal Optimizing Analysis, Discussion Papers in Economics at the University of Washington (1991) (1991)
143. On the choice of monetary target in a stochastically growing small open economy
     Proceedings, 1992, (Sep)
144. The International Transmission of Tax Policies in a Dynamic World Economy
     Review of International Economics, 1992, 1, (1), 49-72 View citations (19)
     See also Working Paper The International Transmission of Tax Policies in a Dynamic World Economy, NBER Working Papers (1992) View citations (21) (1992)

1991

145. Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies: Reply
     American Economic Review, 1991, 81, (5), 1443-45 View citations (1)
146. Fiscal Policy, Capital Accumulation, and Debt in an Open Economy
     Oxford Economic Papers, 1991, 43, (1), 1-24 View citations (50)
     See also Working Paper FISCAL POLICY, CAPITAL ACCUMULATION, AND DEBT IN AN OPEN ECONOMY, Working Papers (1990) View citations (1) (1990)
147. Intertemporal issues in international macroeconomics
     Journal of Economic Dynamics and Control, 1991, 15, (1), 1-3
148. Tariffs and sectoral adjustments in an open economy
     Journal of Economic Dynamics and Control, 1991, 15, (1), 53-89 View citations (8)
     See also Working Paper TARIFFS AND SECTORAL ADJUSTMENTS IN AN OPEN ECONOMY, Discussion Papers in Economics at the University of Washington (1990) View citations (2) (1990)
149. The Next Hundred Years
     Economic Journal, 1991, 101, (404), 142-48 View citations (1)

1990

150. Assets, aggregates and optimal monetary control
     Journal of Banking & Finance, 1990, 14, (1), 155-177
151. Growth, External Debt, and Sovereign Risk in a Small Open Economy
     IMF Staff Papers, 1990, 37, (2), 388-417 View citations (47)
152. Investment tax credit in an open economy
     Journal of Public Economics, 1990, 42, (3), 277-299 View citations (52)
     See also Working Paper INVESTMENT TAX CREDIT IN AN OPEN ECONOMY, Discussion Papers in Economics at the University of Washington (1990) View citations (47) (1990)
153. The effects of taxes and dividend policy on capital accumulation and macroeconomic behavior
     Journal of Economic Dynamics and Control, 1990, 14, (3-4), 491-521 View citations (24)
     See also Working Paper THE EFFECTS OF TAXES AND DEVIDEND POLICY ON CAPITAL ACCUMULATION AND MACROECONOMIC BEHAVIOR, Discussion Papers in Economics at the University of Washington (1989) (1989)

1989

154. Deterioration of the terms of trade and capital accumulation: A re-examination of the Laursen-Metzler effect
     Journal of International Economics, 1989, 26, (3-4), 227-250 View citations (64)
     See also Working Paper DETERIORATION OF THE TERM OF TRADE AND CAPITAL ECCUMULATION A REEXAMINATION OF THE LAURSEN-METZLER EFFECT, Discussion Papers in Economics at the University of Washington (1988) View citations (1) (1988)
155. Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy
     International Economic Review, 1989, 30, (4), 811-31 View citations (49)
     See also Working Paper Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy, NBER Working Papers (1988) (1988)
156. The Term Structure of Interest Rates and the Effects of Macroeconomic Policy
     Journal of Money, Credit and Banking, 1989, 21, (3), 321-47 View citations (22)
     See also Working Paper THE TERM STRUCTURE OF INTEREST RATES AND THE EFFETS OF MACROECONOMICS POLICY, Working Papers (1989) View citations (3) (1989)
157. The choice of monetary instrument in two interdependent economies under uncertainty
     Journal of Monetary Economics, 1989, 23, (1), 121-133 View citations (10)
     See also Working Paper The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty, NBER Working Papers (1988) View citations (8) (1988)

1988

158. Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies
     American Economic Review, 1988, 78, (3), 341-61 View citations (27)
     See also Working Paper Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies, NBER Working Papers (1987) View citations (18) (1987)
159. The gains from fiscal cooperation in the two-commodity real trade model
     Journal of International Economics, 1988, 25, (1-2), 111-127 View citations (41)
     See also Working Paper The Gains from Fiscal Cooperation in the Two Commodity Real Trade Model, NBER Working Papers (1987) View citations (1) (1987)

1987

160. Alternative Modes of Deficit Financing and Endogeneous Monetary and Fiscal Policy in the U.S.A. 1923-1982
     Journal of Applied Econometrics, 1987, 2, (1), 1-25 View citations (1)
161. Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model
     International Economic Review, 1987, 28, (3), 707-30 View citations (2)
     See also Working Paper Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model, NBER Working Papers (1987) View citations (3) (1987)
162. Optimal Monetary Policy and Wage Indexation under Alternative Disturbances and Information Structures
     Journal of Money, Credit and Banking, 1987, 19, (2), 157-80 View citations (9)
     See also Working Paper Optimal Monetary Policy and Wage Indexation Under Alternative Disturbances and Information Structures, NBER Working Papers (1986) View citations (3) (1986)
163. Optimal monetary growth with accommodating fiscal policy in a small open economy
     Journal of International Money and Finance, 1987, 6, (2), 179-193 View citations (5)
     See also Working Paper Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy, NBER Working Papers (1986) (1986)
164. Supply Shocks and Optimal Monetary Policy
     Oxford Economic Papers, 1987, 39, (1), 20-37 View citations (3)
     See also Working Paper Supply Shocks and Optimal Monetary Policy, NBER Working Papers (1986) (1986)

1986

165. Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach
     Economic Journal, 1986, 96, (383), 696-721 View citations (12)
     See also Working Paper Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach, NBER Working Papers (1986) View citations (12) (1986)
166. Optimal strategic monetary policies in dynamic interdependent economies A summary paper
     Journal of Economic Dynamics and Control, 1986, 10, (1-2), 15-19 View citations (2)
167. Optimal tariffs in consistent conjectural variations equilibrium
     Journal of International Economics, 1986, 21, (3-4), 301-312 View citations (1)
     See also Working Paper Optimal Tariffs in Consistent Conjectural Variations Equilibrium, NBER Working Papers (1986) View citations (2) (1986)
168. Risk, exchange market intervention, and private speculative behavior in a small open economy
     Proceedings, 1986, 41-75
169. Short-term and long-term interest rates in a monetary model of a small open economy
     Journal of International Economics, 1986, 20, (3-4), 291-311 View citations (14)
     See also Working Paper Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy, NBER Working Papers (1985) (1985)

1985

170. An analysis of the stabilizing and welfare effects of intervention in spot and futures markets
     Journal of Public Economics, 1985, 28, (2), 165-209 View citations (2)
     See also Working Paper An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets, NBER Working Papers (1985) View citations (2) (1985)
171. Domestic and foreign disturbances in an optimizing model of exchange-rate determination
     Journal of International Money and Finance, 1985, 4, (1), 151-171 View citations (98)
     See also Working Paper Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination, NBER Working Papers (1984) View citations (30) (1984)
172. Imported Materials Prices, Wage Policy, and Macro-economic Stabilization
     Canadian Journal of Economics, 1985, 18, (2), 273-84 View citations (9)
     See also Working Paper Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization, NBER Working Papers (1983) View citations (3) (1983)
173. Macroeconomic stabilization through taxation and indexation: The use of firm-specific information
     Journal of Monetary Economics, 1985, 16, (3), 375-395 View citations (2)
     See also Working Paper Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information, NBER Working Papers (1985) View citations (2) (1985)
174. The Stabilizing and Welfare Properties of Futures Markets: A Simulation Approach
     International Economic Review, 1985, 26, (2), 277-303 View citations (23)

1984

175. Equilibrium, stability, and deficit financing in a simple nonlinear monetary model under perfect foresight
     Journal of Macroeconomics, 1984, 6, (4), 377-397
176. Exchange market intervention under alternative forms of exogenous disturbances
     Journal of International Economics, 1984, 17, (3-4), 279-297 View citations (7)
     See also Working Paper Exchange Market Intervention Under Alternative Forms of Exogenous Disturbances, NBER Working Papers (1984) View citations (7) (1984)
177. Materials price increases and aggregate adjustment in an open economy: A Stochastic Approach
     European Economic Review, 1984, 25, (2), 151-182 View citations (9)
178. Monetarism and the Aggregate Economy: Some Longer-Run Evidence
     The Review of Economics and Statistics, 1984, 66, (4), 619-29 View citations (11)
179. The Effects of Government Expenditure on the Term Structure of Interest Rates
     Journal of Money, Credit and Banking, 1984, 16, (1), 16-33 View citations (12)
180. The Forward Exchange Market, Speculation, and Exchange Market Intervention
     The Quarterly Journal of Economics, 1984, 99, (1), 45-69 View citations (9)
     See also Working Paper The Forward Exchange Market, Speculation, and Exchange Market Intervention, NBER Working Papers (1983) View citations (7) (1983)

1983

181. Covered Interest Parity and Speculative Efficiency: Some Empirical Evidence for Australia*
     The Economic Record, 1983, 59, (3), 271-280 View citations (9)
182. Covered Interest Parity, Uncovered Interest Parity and Exchange Rate Dynamics
     Economic Journal, 1983, 93, (371), 555-75 View citations (12)
     See also Working Paper Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics, NBER Working Papers (1982) View citations (7) (1982)
183. Exchange Risk, Political Risk, and Macroeconomic Equilibrium
     American Economic Review, 1983, 73, (1), 183-89 View citations (7)
184. Expanding Exports and the Structure of the Domestic Economy: A Monetary Analysis*
     The Economic Record, 1983, 59, (3), 245-259
185. Negative international transmission of economic expansion
     European Economic Review, 1983, 20, (1-3), 289-310 View citations (9)
186. The Determination of Spot and Futures Prices with Storable Commodities
     Econometrica, 1983, 51, (5), 1363-87 View citations (67)
187. The dynamic effects of fiscal and monetary policies under bond financing: A theoretical simulation approach to crowding out
     Journal of Monetary Economics, 1983, 11, (1), 45-71 View citations (1)
188. Wage Indexation and Exchange Market Interventions in a Small Open Economy
     Canadian Journal of Economics, 1983, 16, (4), 574-92 View citations (33)
     See also Working Paper Wage Indexation and Exchange Market Intervention in a Small Open Economy, NBER Working Papers (1983) View citations (30) (1983)

1982

189. A determination of the optimal currency basket: A macroeconomic analysis
     Journal of International Economics, 1982, 12, (3-4), 333-354 View citations (12)
190. Alternative monetary policies in an inflationary equilibrium model of the open economy
     Review of World Economics (Weltwirtschaftliches Archiv), 1982, 118, (1), 1-18
191. Effects of monetary disturbances on exchange rates with risk averse speculation
     Journal of International Money and Finance, 1982, 1, (1), 21-37 View citations (2)
192. The Degree of Capital Mobility and the Stability of an Open Economy under Rational Expectations
     Journal of Money, Credit and Banking, 1982, 14, (3), 303-26 View citations (6)
193. The incidence of taxes: A dynamic macroeconomic analysis
     Journal of Public Economics, 1982, 18, (2), 161-194 View citations (8)

1981

194. Editorial
     Journal of Economic Dynamics and Control, 1981, 3, (1), 327-327
195. Monetary Policy and Foreign Price Disturbances under Flexible Exchange Rates: A Stochastic Approach
     Journal of Money, Credit and Banking, 1981, 13, (2), 156-76 View citations (14)
196. Producer Welfare and the Preference for Price Stability
     American Journal of Agricultural Economics, 1981, 63, (1), 157-160 View citations (10)
197. The Analysis of Macroeconomic Policies in Perfect Foresight Equilibrium
     International Economic Review, 1981, 22, (1), 179-209 View citations (63)
198. The asset market approach to exchange rate determination: Some short-run, stability, and steady-state properties
     Journal of Macroeconomics, 1981, 3, (1), 1-32 View citations (5)
199. The effects of devaluation and foreign price disturbances under rational expectations
     Journal of International Economics, 1981, 11, (1), 33-60 View citations (3)
200. The optimal intertemporal choice of inflation and unemployment An analysis of the steady state and transitional dynamics
     Journal of Economic Dynamics and Control, 1981, 3, (1), 357-384 View citations (3)

1980

201. Consumer's Surplus, Price Instability, and Consumer Welfare
     Econometrica, 1980, 48, (1), 135-52 View citations (82)
202. Expectations and the Dynamics of Devaluation
     The Review of Economic Studies, 1980, 47, (4), 679-704 View citations (3)
203. Monetary and Fiscal Policy in a Long‐Run Macroeconomic Model
     The Economic Record, 1980, 56, (153), 158-170
204. Optimal Exchange Market Intervention in a Simple Stochastic Macro Model
     Canadian Journal of Economics, 1980, 13, (2), 296-309 View citations (47)
205. Perfect myopic foresight and the effects of monetary and fiscal policy in a simple inflationary model: Some analytical and numerical results
     European Economic Review, 1980, 14, (2), 237-269 View citations (1)
206. The Choice of Monetary Instrument under Alternative Forms of Price Expectations
     The Manchester School of Economic & Social Studies, 1980, 48, (1), 39-62 View citations (16)
207. The Optimum Monetary Aggregate for Stabilization Policy
     The Quarterly Journal of Economics, 1980, 95, (2), 333-355 View citations (5)
208. The consistent specification of adaptive expectations in continuous time models: Information lags and finite forecast horizons
     Journal of Economic Dynamics and Control, 1980, 2, (1), 303-328
209. Time consistency and optimal government policies in perfect foresight equilibrium
     Journal of Public Economics, 1980, 13, (2), 183-212 View citations (58)

1979

210. Alternative passive monetary policies in an inflationary economy
     Journal of Macroeconomics, 1979, 1, (1), 33-63 View citations (2)
211. Expectational Consistency, Informational Lags, and the Formulation of Expectations in Continuous Time Models
     Econometrica, 1979, 47, (6), 1457-74 View citations (11)
212. Futures markets, private storage, and price stabilization
     Journal of Public Economics, 1979, 12, (3), 301-327 View citations (16)
213. Inflationary Expectations in a Two-Sector Model of Wage-Price Determination
     Oxford Economic Papers, 1979, 31, (1), 1-19
214. Monetary and Fiscal Policies in an Inflationary Economy: A Simulation Approach
     Journal of Money, Credit and Banking, 1979, 11, (3), 259-83 View citations (1)
215. On the insulation properties of flexible exchange rates
     Revue Économique, 1979, 30, (4), 719-746 View citations (2)
216. Optimal monetary policy under flexible exchange rates
     Journal of Economic Dynamics and Control, 1979, 1, (1), 85-99
217. The Stability of Exchange Rate Dynamics under Perfect Myopic Foresight
     International Economic Review, 1979, 20, (3), 643-60 View citations (25)
218. The dynamics of an open economy with endogenous monetary and fiscal policies
     Review of World Economics (Weltwirtschaftliches Archiv), 1979, 115, (2), 201-223

1978

219. A Small Economy in an Inflationary World: Monetary and Fiscal Policies under Fixed Exchange Rates
     Economic Journal, 1978, 88, (349), 18-43 View citations (3)
220. Macroeconomic Dynamics and Growth in a Monetary Economy: A Synthesis
     Journal of Money, Credit and Banking, 1978, 10, (1), 1-26 View citations (8)
221. Price expectations, disequilibrium adjustments, and macroeconomic price stability
     Journal of Economic Theory, 1978, 17, (2), 287-311 View citations (1)
222. Stabilization rules and the benefits from price stabilization
     Journal of Public Economics, 1978, 9, (1), 37-57 View citations (1)
223. The distribution of welfare gains from price stabilization: An international perspective
     Journal of International Economics, 1978, 8, (4), 551-563 View citations (15)

1977

224. On the Choice of Numeraire and Certainty Price in General Equilibrium Models of Price Uncertainty
     The Review of Economic Studies, 1977, 44, (3), 573-583 View citations (12)
225. On the Formulation of Continuous Time Macroeconomic Models with Asset Accumulation
     International Economic Review, 1977, 18, (1), 1-28 View citations (2)
226. Perfect Foresight, Expectational Consistency, and Macroeconomic Equilibrium
     Journal of Political Economy, 1977, 85, (2), 379-93 View citations (4)
227. Price Expectations and Stability in a Short-Run Multi-Asset Macro Model
     American Economic Review, 1977, 67, (1), 213-18 View citations (2)
228. Structural Expectations and the Effectiveness of Government Policy in a Short-Run Macroeconomic Model
     American Economic Review, 1977, 67, (5), 851-66 View citations (1)

1976

229. Optimal Stabilization Policies for Stochastic Linear Systems: The Case of Correlated Multiplicative and Additive Disturbances
     The Review of Economic Studies, 1976, 43, (1), 191-194 View citations (3)
230. Some Effects of Taxes on Inflation
     The Quarterly Journal of Economics, 1976, 90, (4), 523-539 View citations (1)
231. The Distribution of Welfare Gains from Price Stabilization: The Case of Multiplicative Disturbances
     International Economic Review, 1976, 17, (1), 133-48 View citations (25)
232. The Dynamics of Government Policy in an Inflationary Economy: An "Intermediate-Run" Analysis
     Journal of Money, Credit and Banking, 1976, 8, (4), 411-37 View citations (6)
     See also Working Paper The Dynamics of Government Policy in an Inflationary Economy" An `Intermediate-Run' Analysis, Research Program in Finance Working Papers (1974) (1974)
233. The Relative Stability of Alternative Exchange Rate Systems in the Presence of Random Disturbances
     Journal of Money, Credit and Banking, 1976, 8, (1), 29-50 View citations (22)
234. The Specification of Adaptive Expectations in Continuous Time Dynamic Economic Models
     Econometrica, 1976, 44, (5), 879-905 View citations (4)
235. The dynamics of fiscal policy in an open economy
     Journal of International Economics, 1976, 6, (2), 115-142 View citations (8)

1975

236. Monetary Policy, Fiscal Policy and the Government Budget Constraint
     Australian Economic Papers, 1975, 14, (25), 197-215 View citations (3)
237. Optimal Choice of Monetary Instrument in a Linear Economic Model with Stochastic Coefficients
     Journal of Money, Credit and Banking, 1975, 7, (1), 51-80 View citations (18)

1974

238. An Analysis of Imported Inflation in a Short-Run Macroeconomic Model
     Canadian Journal of Economics, 1974, 7, (3), 355-80 View citations (7)
239. On the Role of Inflationary Expectations in a Short-Run Macro-Economic Model
     Economic Journal, 1974, 84, (334), 317-37 View citations (2)
240. Price Expectations and the Welfare Gains from Price Stabilization
     American Journal of Agricultural Economics, 1974, 56, (4), 706-716 View citations (30)
241. Technological and Price Uncertainty in a Ricardian Model of International Trade
     The Review of Economic Studies, 1974, 41, (2), 201-217 View citations (40)
242. The Stability Properties of Optimal Economic Policies
     American Economic Review, 1974, 64, (1), 136-48 View citations (2)

1973

243. Optimal Stabilization Policies for Deterministic and Stochastic Linear Economic Systems
     The Review of Economic Studies, 1973, 40, (1), 79-95 View citations (7)
244. Optimal Stabilization Policies in a Market with Lagged Adjustment in Supply
     The Economic Record, 1973, 49, (1), 31-49
245. Production Flexibility, Price Uncertainty and the Behavior of the Competitive Firm
     International Economic Review, 1973, 14, (2), 395-413 View citations (26)

1972

246. A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations
     The Review of Economics and Statistics, 1972, 54, (1), 47-54 View citations (20)
     See also Working Paper A test of the \"expectations hypothesis\" using directly observed wage and price expectations, Staff Studies (1971) View citations (6) (1971)
247. Capital Deepening Response in an Economy with Heterogeneous Capital Goods
     American Economic Review, 1972, 62, (5), 842-53 View citations (16)
248. Optimal macroeconomic policy adjustment under conditions of risk
     Journal of Economic Theory, 1972, 4, (1), 58-71 View citations (8)

1971

249. A Model of Consumer Behavior under Conditions of Uncertainty in Supply
     International Economic Review, 1971, 12, (1), 39-53 View citations (1)
250. Optimal Government Stabilization Policy in a Single Disequilibrated Market
     Australian Economic Papers, 1971, 10, (16), 67-85
251. Risk Aversion in Chance Constrained Portfolio Selection
     Management Science, 1971, 18, (3), 218-225 View citations (2)
252. Stochastic Stability of a General Equilibrium System under Adaptive Expectations
     International Economic Review, 1971, 12, (1), 71-86 View citations (2)
253. The Degree of Joint Production
     International Economic Review, 1971, 12, (1), 99-105 View citations (1)

1970

254. Financial Structure and the Theory of Production
     Journal of Finance, 1970, 25, (5), 1061-80 View citations (2)
255. Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis
     The Review of Economics and Statistics, 1970, 52, (1), 75-81 View citations (35)

1969

256. A bayesian approach to the theory of expectations
     Journal of Economic Theory, 1969, 1, (2), 220-227 View citations (13)

1968

257. International Trading Relationships for a Small Country: The Case of New Zealand
     Canadian Journal of Economics, 1968, 1, (4), 772-790 View citations (7)
258. Stochastic Stability of Short-Run Market Equilibrium under Variations in Supply
     The Quarterly Journal of Economics, 1968, 82, (4), 666-681 View citations (4)

Books

2011

1. Capital Accumulation and Economic Growth in a Small Open Economy
   Cambridge Books, Cambridge University Press View citations (5)
   Also in Cambridge Books, Cambridge University Press (2009) View citations (31)

2000

2. Methods of Macroeconomic Dynamics, 2nd Edition, vol 1
   MIT Press Books, The MIT Press View citations (177)

1997

3. International Macroeconomic Dynamics, vol 1
   MIT Press Books, The MIT Press View citations (174)

1977

4. Macroeconomic Analysis and Stabilization Policy
   Cambridge Books, Cambridge University Press View citations (79)

Edited books

2008

1. Economic Growth and Macroeconomic Dynamics
   Cambridge Books, Cambridge University Press

2007

2. Inequality and Growth: Theory and Policy Implications, vol 1
   MIT Press Books, The MIT Press View citations (1)

2004

3. Economic Growth and Macroeconomic Dynamics
   Cambridge Books, Cambridge University Press View citations (39)

2003

4. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)
5. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)
6. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)
7. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)
8. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)
9. Advances in Economics and Econometrics
   Cambridge Books, Cambridge University Press View citations (756)

Chapters

2009

1. Imported Inputs: Dynamic Effects on Economic Growth
   Springer

2006

2. Macroeconomic volatility and income inequality in a stochastically growing economy
   Chapter 8 in Economic Growth and Distribution, 2006, pp 179-221
   See also Working Paper Macroeconomic Volatility and Income Inequality in a Stochastically Growing Economy, University of Washington, Department of Economics (2003) View citations (1) (2003)

2005

3. Consumption and production externalities in a small open economy with accumulating capital
   Chapter 9 in Trade Theory, Analytical Models and Development, 2005 View citations (8)