Recent Publications on Financial Markets

"Does It Matter If Statistical Agencies Frame the CPI Report on a 1-Month or 12-month Basis?" with Ayako Saiki, NBER WP no. 23754, August 2017. 2014 draft.  wording appendiXL.   HKS Faculty Lunch Seminar presentation, Nov. 19, 2014.

Black Swans: A Comment on ‘Financial Cycles: What? How? When?’ by Claessens, Kose and Terrones,”  (pdf), 2011, in NBER International Seminar on Macroeconomics 2010, edited by Richard Clarida and Francesco Giavazzi (University of Chicago Press: Chicago), pp. 351-355.  Slides, Dutch National Bank, Amsterdam, June 2010.

"Responding to Crises," Cato Journal, 2007 ;27 (2) Spring/Summer:165-178.