"The impact of central bank independence on the performance of inflation targeting regimes," with Sami Alpanda. Journal of International Money and Finance, 44: 118-135, 2014.

"Financial Frictions and the Strength of Monetary Transmission," with Uluc Aysun and Ryan Brady. Journal of International Money and Finance, 32: 1097-1119, 2013.

"Extending the textbook dynamic AD-AS framework with flexible inflation expectations, optimal policy response to demand changes, and the zero-bound on the nominal interest rate," with Sami Alpanda and Geoffrey Woglom. Modern Economy, 4: 145-160, 2013. Excel Workbook

"Introducing liability dollarization and contractionary depreciations to the IS curve," Modern Economy, 3: 469-72, 2012. 

Bankruptcy Costs, Liability Dollarization, and Vulnerability to Sudden Stops,” with Uluc Aysun. Journal of Development Economics, 95:2, 201-211, 2011.

Political Monetary Cycles and a de facto Ranking of Central Bank Independence,” with Sami Alpanda. Journal of International Money and Finance, 29:6, 1003-1023, 2010.

"The Impact of Central Bank Independence on Political Monetary Cycles in Advanced and Developing Nations," with Sami Alpanda. Journal of Money, Credit, and Banking, 41:7, 1365-1389, 2009.

Dollarization, Exchange Rate Regimes and Government Quality," Journal of International Money and Finance 28:2, 198-214, 2009.

Addressing Causality in the Effect of Capital Account Liberalization on Growth, Journal of Macroeconomics 30:4, 1602-1616, 2008. image

Do Improvements in Government Quality Necessarily Reduce the Incidence of Costly Sudden Stops?Journal of Banking and Finance 32:3, 360-373, 2008. doi:10.1016/j.jbankfin.2007.04.030

A Model of Liability Dollarization and Myopic Governments,” International Economic Journal, Volume 20, No. 3, 343–355, September 2006. doi:10.1080/10168730600879414

Is There a Link Between Dollarization and Banking Crises?Journal of International Development, Volume 18, 2006. doi: 10.1002/jid.1285

Micro-Level Evidence on the Role of Moral Hazard in the Asian Financial Crisis,” Applied Econometrics and International Development, Volume 6, Issue 1, January-June 2006. (Joint with Sonali Jain-Chandra , IMF)

The Exchange Rate Regime, Government Quality and External Liability Dollarization,” Journal of World Economic Review, Volume1, Issue 1, January-June 2006.

Fear of Floating and Domestic Liability Dollarization," Emerging Markets Review, Volume 6, Issue 3, September 2005, Pages 289-307. imagedoi:10.1016/j.ememar.2005.06.001