"Does it Matter if Statistical Agencies Frame the CPI Report on a 1-Month or 12-Month Basis?" with A.Saiki, NBER WP 23754, Aug. 2017. 2017; Publisher's Version Framing Stat Releases2016.pdf HKS RWP16-011. Abstract On-line appendix documenting Table 1.
"Product Price Targeting -- A New Improved Way of Inflation Targeting," in MAS Monetary Review, 2012, pp.2-5. Macroeconomic Review,Economic Policy Group, Vol.XI, issue 1, April 2012 (Monetary Authority of Singapore), 78-81.
"Monetary Policy in Emerging Market Countries” (pdf), 2011, Handbook of Monetary Economics, edited by Benjamin Friedman & Michael Woodford. NBER WP 16125. Slides presented at ECB conference on Key Developments in Monetary Economics conference, Oct.2009.
“Comments on ‘The simple geometry of transmission and stabilization in closed and open economies’, by Giancarlo Corsetti and Paolo Pesenti,” Nov. 2007. Presented at 30th ISoM, Central Bank of the Republic of Turkey, Istanbul, June 2007. NBER International Seminar in Macroeconomics 2007, edited by Richard Clarida and Francesco Giavazzi (University of Chicago Press).
"Responding to Crises," Cato Journal, 2007, Spring/summer, Vol. 27, No. 2.
“What Do Economists Mean by Globalization? Implications for Inflation and Monetary Policy,” Oct.4 draft; for Academic Consultants Meeting, Board of Governors of the Federal Reserve System, Sept. 28, 2006. Slides with graphs. Forthcoming, in Economic Integration - Global Experience, edited by P. Pushkele, with S. Pathak, Icfai University Press (Institute of Chartered Financial Analysts of India): Hyderbad, Dec. 2007.
“Peg the Export Price Index: A Proposed Monetary Regime for Small Countries,” in Journal of Policy Modeling, June 2005. HKS RWP03-003.
"A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price (‘PEP’)," International Finance (Blackwill Publishers), vol. , no.1, Spring 2003, 61-88.
"Should Gold-Exporters Peg Their Currencies to Gold?", Research Study No. 29 for the World Gold Council,
London, November 2002. Tables and Charts
"A Proposal to Anchor Monetary Policy by the Price of the Export Commodity," with Ayako Saiki, in Journal of Economic Integration, September 2002, Vol.17, No.3, 417-448.
Financial Markets and Monetary Policy, (M.I.T. Press: Cambridge, MA), 1995.
"Monetary Regime Choices for a Semi-Open Country," written for conference organized by Yung Chul Park, Seoul, Korea,1992; in Capital Controls, Exchange Rates and Monetary Policy in the World Economy, edited by Sebastian Edwards (Cambridge University Press), 1995: 35-69.
"An Indicator of Future Inflation Extracted from the Steepness of the Interest Rate Yield Curve Along its Entire Length," with Cara Lown, Quarterly Journal of Economics, 109, no.2, May 1994, 517-530. NBER WP 3751.
"The Power of The Yield Curve to Predict Interest Rates (or Lack Thereof)," 1994, in H.W.Brock, editor, Forecast and Risk Assessment, (Strategic Economic Decisions, Inc., Menlo Park, CA), III.1-III.21. Reprinted in Financial Markets and Monetary Policy, J.Frankel, MIT Press, 1995.
"Ambiguous Macroeconomic Policy Multipliers in Theory and in Twelve Econometric Models," In Empirical Macroeconomics for Interdependent Economies, eds., Ralph Bryant, et al., Brookings Institution Press: Washington, D.C., 1988, 17-26.
"The Implications of Conflicting Models for Coordination Between Monetary and Fiscal Policy-Makers," In Empirical Macroeconomics for Interdependent Economies, eds., Ralph Bryant, et al., Brookings Institution Press: Washington, D.C., 1988.
"Commodity Prices, Money Surprises, and Fed Credibility," with Gikas Hardouvelis, 1985, Journal of Money, Credit and Banking 17, no. 4, November, Part I, 427-438. NBER WP 1121, 1983.
"Why Interest Rates React to Money Announcements: An Explanation from the Foreign Exchange Market," with Charles Engel, 1984, Journal of Monetary Economics 10, no. 1, January, pp.31-39. NBER Working Paper 1049. FRBSF, 1982.
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