Empirical Exchange Rate Issues
. 2015. “
Addicted to Dollars.” Annals of Economics and Finance 15 (1): 1-50. Read online
. 2014. “The Risks of Unilateral Exchange Rate Pegs.” The Implications of Globalization of World Financial Markets, 153-170. Seoul: Bank of Korea.
. 1998. “ The Out-of-Sample Failure of Empirical Exchange Rate Models: Sampling Error or Misspecification?” Exchange Rates and International Macroeconomics, 67-105. Chicago: University of Chicago Press and NBER. NBER volume;
. 1983. “ Was It Real? The Exchange Rate-Interest Differential Relation over the Modern Floating-Rate Period.” Journal of Finance 43 (4): 933-948. Download from JSTOR Abstract
. 1988. “ Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Eschange Rate.” Monetary and and Economic Studies 10: 1-29. NBER Abstract
. 1992. “ Perspectives on PPP and Long-Run Real Exchange Rates.” Handbook of International Economics, 3: 1647-88. Abstract
. 1995. “ Perspectives on Exchange Rate Volatility.” International Capital Flows, 441-453. Chicago: University of Chicago Press and NBER. NBER volume, chapter 10;
. 1999. “ Empirical Exchange Rate Models of the Seventies: Do They Fit Out of Sample?” Journal of International Economics 14: 3-24.
. 1983. “ On the Effects of Sterilized Intervention: An Analysis of Weekly Data.” Journal of Monetary Economics 14: 133-150. Abstract
. 1984. “ The Purchasing Power Parity Puzzle.” Journal of Economic Literature 34: 647-68.
. 1996. “ The Mirage of Fixed Exchange Rates.” Journal of Economic Perspectives 9: 73-96. Data
. 1995. “ Monetary Models of Dollar/Yen/Euro Nominal Exchange Rates: Dead or UnDead?” The Economic Journal 109: F655-F659.
. 1999. “ The Failure of Empirical Exchange Rate Models: No Longer New but Still True.” Economic Policy Web Essay 1 (1). Economic Policy
. 2001. “