Working Papers

"Does Foreign Exchange Reserve Decumulation Lead to Currency Appreciation?" with Rasmus Fatum and Pavel Vacek, NBER Working Paper no. 16044. June 2010. [Abstract and Paper]

 

"Monetary Interdependence and Coordination," University of Michigan Working Paper #408, October 1996. [Abstract and Paper]

 

"Do Exchange Auctions Work? An Examination of the Bolivian Experience," NBER Working Paper #3683, April 1991. [Abstract and Paper]