Publications

A single copy of each article may be downloaded and printed for the reader's personal research and study only.

"The Influence of Actual and Unrequited Interventions" (with Freyan Panthaki), International Journal of Finance and Economics, 12, 2007, 171-200. [Abstract and Paper]

 

"The European Central Bank, the Euro, and Global Financial Markets", Journal of Economic Perspectives, 20, 4, Fall 2006, 67-88. [Paper]

 

"When Do Central Bank Interventions Influence Intra-Daily and Longer-Term Exchange Rate Movements?", Journal of International Money and Finance, 25, 2006, 1051-1071. [Abstract and Paper]

 

"Cross-Border Trading as a Mechanism for Capital Flight: ADRs and the Argentine Crisis" (with Sebastian Auguste, Herman Kamil and Linda Tesar), Journal of Monetary Economics, 53, 2006, 1259-1295. [Abstract and Paper] 

 

"What Defines 'News' in Foreign Exchange Markets? (with Freyan Panthaki), Journal of International Money and Finance, 25, 2006, 168-198. [Abstract and Paper] 

 

"Exchange Rate Exposure" (with Linda Tesar), Journal of International Economics , 68, 1, 188-218, January 2006. [Abstract and Paper]

 

"The Market Microstructure of Central Bank Intervention" Journal of International Economics, Vol 59/1, 25-45, January 2003. [Abstract and Paper] 

 

"A Re-Examination of Exchange Rate Exposure" (with Linda Tesar), American Economic Review, Vol. 91, No. 2, Papers and Proceedings, 396-399, May 2001. [Paper] 

 

"Trade and Exposure" (with Linda Tesar), American Economic Review, Vol. 91, No. 2, Papers and Proceedings, 367-370, May 2001. [Paper] 

 

"The Dollar Exposure of Japanese Companies", Journal of the Japanese and International Economies, 12, 388-405, December 1998. [Abstract and Paper] 

 

"Central Bank Intervention and Exchange Rate Volatility", Journal of International Money and Finance, 17, 1, 161-190, February 1998. [Abstract and Paper] 

 

"Does Foreign Exchange Intervention Matter? The Portfolio Effect" (with Jeff Frankel), American Economic Review, Vol. 83, No. 5, 1356-1369, December 1993. [Abstract and Paper]

 

"Intramarginal Intervention in the EMS and the Target-Zone Model of Exchange Rate Behavior" (with Peter Kenen), European Economic Review, Vol 36, 1523-1532, December 1992. [Abstract and Paper]

 

"Effects of the Changing U.S. Age Distribution on Macroeconomic Equations" (with Ray Fair), American Economic Review, Vol 81, No. 5, 1276-1294, December 1991. [Abstract and Paper] 

 

"Market Responses to Coordinated Central Bank Intervention", Carnegie Rochester Series on Public Policy, Vol. 32, 121-164, Spring 1990. [Abstract and Paper] 

 

"Forecasting the Depression: Harvard Versus Yale" (with Ray Fair and Matthew Shapiro), American Economic Review, Vol 78, 4, 595-612, September 1988. [Abstract and Paper] 

 

"Are Foreign Exchange Forecasts Rational? New Evidence from Survey Data", Economics Letters, 21, 3, 277-281, 1986. [Paper]