CURRICULUM VITAE

Thomas Dunaway Willett

Office: Department of Economics Department of Economics
Claremont Graduate University Claremont McKenna College
Claremont, CA 91711 Claremont, CA 91711
909/621-8787 - Phone
909/621-8460 - Fax

E-mail: Thomas.Willett@cgu.edu

PROFESSIONAL POSITIONS

Horton Professor of Economics, Claremont Graduate University and Claremont McKenna College, September 1977; Chair, Graduate Faculty in Economics, 1979-1991, Co-chair, 1991 - 1994.

Director, The Claremont Institute for Economic Policy Studies, Claremont Colleges, Claremont, CA, January 1983 - present.

Director, July 1990 to December 1991, The Lowe Institute of Political Economy, Claremont McKenna College; Associate Director, December 1991 - August 1996.

Adjunct Scholar, American Enterprise Institute for Public Policy Research, 1977 - present.

Director of Research and Senior Advisor for International Economic Affairs; Director of International Monetary Research, U.S. Treasury, July 1975 - August 1977.

Adjunct Lecturer, School of Advanced International Studies, Johns Hopkins University, 1976.

Deputy Assistant Secretary of the Treasury for International Affairs - Research, December 1972 - July 1975.

Professor, Associate Professor of Economics and Public Affairs, Graduate School of Business and Public Administration, Cornell University, 1970 -1972.

Senior Consultant to the Deputy Assistant Secretary for Research, Office of the Assistant Secretary for International Affairs, Department of the Treasury, 1970 - 1972.

Adjunct Associate Professor of International Economics, Fletcher School of Law and Diplomacy, Fall semester, 1970.

Senior Staff Economist, Council of Economic Advisors, 1969 - 1970, on leave from Harvard University.

Assistant Professor of Economics, Harvard University, 1967 - 1968.

Visiting Assistant Professor of Economics, University of Virginia, Summer 1967.

Graduate Instructor in Economics, University of Virginia, 1965 - 1967, (coordinator of instructors, 1966-1967).

Research Assistant for Professor Alexandre Kafka and The Thomas Jefferson Center for Studies in Political Economy, University of Virginia, 1964 - 1965.

Management Assistant (conducting statistical studies), Chesapeake and Potomac Telephone Company of Virginia (Bell Systems), Summer 1964.

Laboratory Instructor in Economic Statistics, College of William and Mary, 1963 - 1964.

EDUCATION

A.B. (with high honors in Economics): College of William and Mary, June 1964; double major in Mathematics and Economics. Honors thesis, "Balance of Payments Disequilibrium: A Study of the U.S. Payments Deficits."

Ph.D. University of Virginia (Economics), August 1967, Graduate Grade Point Average: 4.0/4.0. Prelim. Fields: Industrial Organization and International Economics. Dissertation: "A Portfolio Theory of International Short-Term Capital Movements." Supervisors: Professors Alexandre Kafka and Leland B. Yeager.

OTHER PROFESSIONAL ACTIVITIES

Economics Editor, Public Policy 1969 - 1972, member of editorial board, 1968 - 1969; 1972 - 1973.

Editorial Board, The Quarterly Journal of Economics, 1968 - 1976.

Editorial Board, The Review of Economics and Statistics, 1968 - 1971; 1972 - 1974.

Editorial Board, Journal of Economics and Business, 1970 - 1978.

Editorial Board, Policy Analysis, 1974 - 1980.

Editorial Board, Southern Economic Journal, 1976 - 1979.

Editorial Board, International Studies Quarterly, 1980 - 1985.

Editorial Board, International Organization, 1981 - 1986; 1988 - 1990.

Editorial Board, Contemporary Policy Issues, 1984 - 1991.

Editorial Board, Economic Inquiry, 1987 - 1989.

Co-Editor, Economic Inquiry, 1989 - 1996.

Series Editor, The Political Economy of Global Interdependence, Westview Press.

Reviewer: American Economic Review, American Journal of Political Science, Canadian Journal of Economics, Economic Inquiry, Economic Development and Cultural Change, Economic Journal, Explorations in Economic History, International Economic Review, International Organization, International Studies Quarterly, Journal of Economics and Business, Journal of International Economics, Journal of International Money and Finance, Journal of Money, Credit, and Banking, Journal of Political Economy, Quarterly Journal of Economics, Review of Economic Studies, Public Choice, Public Finance Quarterly, Review of Economics and Statistics, Southern Economic Journal, Cambridge University Press, Harper and Row Publishers, Harvard University Press, John Wiley Publishers, MIT Press, National Science Foundation, Prentice-Hall Publishers.

Earhart Foundation Faculty Associate.

Member and Secretary, President-Elect Nixon's Task Force on Balance of Payments Policy 1968.

Consultant, Office of the Secretary, U.S. Treasury, 1970 - 1972.

Consultant to the Council of Economic Advisors, 1969; 1970 - 1971.

Board of Advisors, Capital Economics, 1989 - present.

Bibliographical Listing in various Who's Who.

PUBLICATIONS AND WORK IN PROGRESS

Books and Pamphlets

Presidential Measures on Balance of Payments Control (with Gottfried Haberler), Washington, D.C.: American Enterprise Institute for Public Policy Research, 1968.

U.S. Balance-of-Payments Policies and International Monetary Reform (with Gottfried Haberler), Washington, D.C.: American Enterprise Institute for Public Policy Research, 1968.

The International Monetary System: Problems and Proposals (edited with L.H. Officer), Prentice-Hall, Inc., 1969.

Exchange-Rate Systems, Interest Rates, and Capital Flows (with Samuel I. Katz and William H. Branson), Princeton Essays in International Finance, No. 78, January 1970.

A Strategy for U. S. Balance of Payments Policy (with Gottfried Haberler), Washington, D.C.: American Enterprise Institute for Public Policy Research, 1971.

The Economics of the Military Draft (with Ryan C. Amacher, et al.), General Learning Corporation, 1973.

The Oil Transfer Problem and International Economic Stability, Princeton Essays in International Finance, No. 113, December 1975.

The Theory of Optimum Currency Areas and Exchange Rate Flexibility (with Edward Tower), Princeton Special Papers in International Finance, No. 11, May 1976.

The Economic Approach to Public Policy (co-edited with Ryan C. Amacher and Robert Tollison), Cornell University Press, 1976.

Floating Exchange Rates and International Monetary Reform Washington, D.C.: American Enterprise Institute for Public Policy Research, 1977.

Exchange-Rate Flexibility (co-edited with Jacob Dreyer and Gottfried Haberler), Washington, DC.: American Enterprise Institute for Public Policy Research, 1978.

Challenges to a Liberal International Economic Order (co-edited with Ryan C. Amacher and Gottfried Haberler), Washington, D.C.: American Enterprise Institute for Public Policy Research, 1978.

International Liquidity Issues (sponsored by American Enterprise Institute and Joint Economic Committee Special Study on Economic Change), Washington, D.C.: American Enterprise Institute for Public Policy Research, 1980.

The International Monetary System: A Time of Turbulence (co-edited with Jacob Dreyer and Gottfried Haberler),Washington D.C.: American Enterprise Institute for Public Policy Research, 1981.

The Internationalization of the American Economy (co-edited with J. Michael Finger), The Annals of the American Academy of Political and Social Science, Special Issue, March 1982.

Reaganomics: A Mid-Term Report (co-edited with W. Craig Stubblebine), Institute for Contemporary Studies, 1983.

Exchange Rates, Trade, and the U.S. Economy (co-edited with Sven Arndt and Richard J. Sweeney), Ballinger, for the American Enterprise Institute for Public Policy Research, 1985.

Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment (editor), Duke University Press for the Pacific Research Institute, 1988.

"International Monetary Cooperation, Domestic Politics and Policy Ideas," special issue of the Journal of Public Policy, (co-edited with John Odell), 1988.

International Trade Policies: The Gains from Exchange Between Economics and Political Science (Proceedings of the Ford Foundation-funded, Claremont-U.S.C. conference on international political economy held in March 1987), (co-edited with John Odell), University of Michigan Press, 1990.

Monetary Policy for a Volatile Global Economy (co-edited with William Haraf), American Enterprise Institute for Public Policy Research, 1990.

The Political Economy of International Organizations: A Public Choice Perspective (co-edited with Roland Vaubel), Westview Press, 1991.

Financial Regulation and Monetary Arrangements After 1992 co-edited with Clas Wihlborg and Michele Frattianni) North Holland, 1991.

Establishing Monetary Stability in Emerging Market Economies (co-edited with Richard Burdekin, Richard Sweeney and Clas Wihlborg) Westview Press, 1995.

Judging Economic Policy: Selected Writings of Gottfried Haberler (co-edited with Richard Sweeney and Edward Tower) Westview Press, 1997.

Exchange Rate Policies for Emerging Market Economies (co-edited with Richard Sweeney and Clas Wihlborg) Westview Press, 1999.

"International Financial Markets as Sources of Crisis or Discipline: The Too Much, Too Late Hypothesis," Princeton Essays in International Finance (May 2000).

Articles, Notes, Contributions to Books, Conference Papers, etc.
(Unless otherwise noted, unpublished papers are available from the
Claremont Working Papers series at http://spe.cgu.edu/econ/papers/index.htm)

"International Short-Term Capital Movements: Comment V," American Economic Review, June 1967, 563-65.

"Potential Entrants Discourage Entry," (with Roger Sherman), Journal of Political Economy, August 1967, 400-3.

"Another Cost of Conscription," Western Economic Journal, December 1968, 425-26.

"A Defense of Adam Smith's Deer and Beaver Model," Journal of Economic Studies, July 1968, 29-32.

"Efficiency in Military Manpower Procurement," (with Mark V. Pauly) in James C. Miller, (ed.), Why the Draft? The Case for a Volunteer Army, Penguin Press, 1968, 53-90.

"Flexibility in Military Manpower," (with Mark V. Pauly) in James C. Miller, (ed.), Why the Draft? The Case for a Volunteer Army, Penguin Press, 1968 53-90.

"Interest Arbitrage and the Absolute Level of Interest Rates," Revista Internazionale di Scienze Economiche e Commerciali, No. 2, 1968 132-37.

"International Specie Flows and American Monetary Stability: 1834-1960," Journal of Economic History, March 1968, 28-50.
"Marginal Criteria and Draft Deferment Policy," (with James C. Miller and Robert Tollison), Quarterly Review of Economics and Business, Summer 1968, 69-73.

"Notes on Overtime, Moonlighting, and the Shorter Work Week," (with Roger Sherman), Southern Economic Journal, July 1968, 78-82.

"Official Versus Market Financing of International Deficits," Kyklos, Fasc. 3, 1968, 514-24.

"William and Mary: Cradle of Academic Economics in America?" (with Tipton R. Snavely), Southern Economic Journal, April 1968, 572.

"Who Bears the Burden of National Defense?" (with Mark V. Pauly) in James C. Miller, (ed), Why the Draft? The case for a Volunteer Army, Penguin Press, 1968, 53-90.

"Who 'Should' Bear the Burden of National Defense?" (with Mark V. Pauly) in James C. Miller, (ed.), Why the Draft? The case for a Volunteer Army, Penguin Press, 1968, 53-90.

"The Adequacy of International Means of Payment," Review of Economics and Statistics, August 1969, 373-74.

"The Influence of the Trade Balance and Export Financing on International Short-Term Capital Movements: A Theoretical Analysis," Kyklos, Fasc. 2, 1969, 314-27.

"Interest-Rate Policy and External Balance," (with Francesco Forte), Quarterly Journal of Economics, May 1969, 242-62.

"Regional Development, Externalities, and Tax-Subsidy Combinations," (with Roger Sherman), National Tax Journal, June 1969, 291-93.

"Reserve Asset Preferences and the Confidence Problem in the Crisis Zone," (with L. H. Officer), Quarterly Journal of Economics, Vol. LXXXIII, No. 4, November 1969, 688-95.

"Short-Term Capital Movements and the Interest-Rate Constraint Under Systems of Limited Exchange-Rate Flexibility," in C. Fred Bergsten, George Halm, Fritz Machlup, Robert Roosa, et al., Approaches to Greater Flexibility of Exchange Rates: The Burgenstock Papers, Princeton University Press, 1970, 283-94.

"The Rules for a Sliding Parity: A Proposal," in Fred Bergsten, George Halm, Fritz Machlup, Robert Roosa, et al., Approaches to Greater Flexibility of Exchange Rates: The Burgenstock Papers, Princeton University Press, 1970, 271-74.

"The Concept of Optimum Currency Areas and the Choice Between Fixed and Flexible Exchange Rates," (with Edward Tower), in C. Fred Bergsten, George Halm, Fritz Machlup, Robert Roosa et al., Approaches to Greater Flexibility of Exchange Rates: The Burgenstock Papers, Princeton University Press, 1970, 507-515.

"Comments on Mr. Oppenheimer's Paper: A More Optimistic View," in C. Fred Bergsten, George Halm, Fritz Machlup, Robert Roosa, et al., Approaches to Greater Flexibility of Exchange Rates: The Burgenstock Papers, Princeton University Press, 1970, 186.

"The Covered Arbitrage Schedule: A Critical Survey of Recent Developments," (with L. H. Officer), Journal of Money, Credit, and Banking, May 1970, 147-57.

"Currency Areas and Exchange-Rate Flexibility," (with Edward Tower), Weltwirtschaftliches Archiv, September 1970, 48-65.
"Measuring the U.S. Balance of Payments Position," prepared for interagency group of U.S. Government technical experts reviewing the presentation of U.S. balance of payments statistics, summer 1970; available as Harvard Institute of Economic Research, Discussion Paper No. 135.

"The Interaction of Adjustment and Gold-Conversion Policies in a Reserve-Currency System," (with L. H. Officer), Western Economic Journal, March 1970, 47-60.

"The International Firm and Efficient Economic Allocation: Discussion," American Economic Review, Papers and Proceedings, May 1970, 449-50.

"Presumptive Criteria for Adjustment Responsibilities Under Greater Exchange-Rate Flexibility," prepared for the American Society for International Law's Panel on International Monetary Problems, Spring 1970, available as Harvard Institute of Economic Research, Discussion Paper No. 140.

"The Welfare Economics of International Adjustment," (with Edward Tower), Journal of Finance, May 1971, 287-302.

"International Trade Theory is Still Relevant," Banca Nazionale del Lavoro, Quarterly Review, September 1971, 276-92.

"Options for U.S. Balance-of-Payments Policy and International Monetary Reform," The Balance-of-Payments Mess. Hearings before the subcommittee on International Exchange and Payments, Joint Economic Committee, June 23, 1971, 382-93.

Sections in the international chapter of the 1970 Report of the Council of Economic Advisors, reprinted in Joseph, Seeber, and Back, Economic Analysis and Policy, 3rd ed., Prentice-Hall, 1971, 554-68.

Contribution to Long-Term International Monetary Reform: A Proposal for an Improved International Adjustment Process, Studies in Transnational Legal Policy, Washington, D.C., The American Society of International Law, 1972.

"Discussion: Eurodollars, Speculation, and Foreign Exchange," delivered at 1970 ABA - University Professors of Monetary Economics Conference, Journal of Money, Credit, and Banking, August 1972, 636-42.

Discussion at the Conference of International Monetary Problems, American Enterprise Institute for Public Policy Research, September 1971, published in Fritz Machlup, et al., International Monetary Problems, Washington D.C.: American Enterprise Institute for Public Policy Research, 1972, 61-63.

"The Economics of Fatal Mistakes: Fiscal Mechanisms for Preserving Endangered Predators," (with Ryan C. Amacher and Robert Tollison), Public Policy, Summer 1972, 411-41.

"More on Official Versus Market Financing of Payments Deficits and the Optimal Pricing of International Reserves," (with Edward Tower), Kyklos, Fasc. 3, 1972, 537-52.

"Policy Toward Short-Term Capital Movements: Some Implications of the Portfolio Approach," (with William H. Branson), in National Bureau Conference Volume, Fritz Machlup (ed.), The International Mobility and Movement of Capital, Princeton: Princeton University Press, 1972, 287-310.

"A Proposal for Marginal Cost Financing of Higher Education," Public Finance, No. 3, 1972, 375-80.

"Representative Democracy via the Table of Random Numbers," (with Dennis Mueller and Robert Tollison), Public Choice, Spring 1972, 59-68.

"The Standardized Work Week and the Allocation of Time," (with Roger Sherman), Kyklos, Fasc. 1, 1972, 77-89.

"Two Concepts of Equity and Their Implications for Public Policy," (with Mark V. Pauly), Social Science Quarterly, June 1972, 8-19.

"The Economic Case for Multilateral Trade Liberalization," (with L. Hays), Columbia Journal of World Business, Fall 1973, 20-25.

"The Implications of Foreign Official Purchases of U.S. Treasury Securities: Discussion," presented at the Federal Reserve Bank of Boston Conference on Issues in Federal Debt Management, June 1973, published in conference volume, 199-204.

"Implications of Secular Inflation for the International Monetary System: Discussion," presented at the Universities - National Bureau of Economic Research Conference on Secular Inflation, at the University of Chicago, November 1971, Journal of Money, Credit, and Banking, Vol. 5, No. 1, Part 2, 1973, 520-23.

"International Integration and the Interdependence of Economic Variables," (with Robert Tollison), International Organization, Spring 1973, 255-72.

"A Normative Theory of Representative Democracy," (with Dennis Mueller and Robert Tollison), presented at the New York Academy of Science Conference on Quantitative Methods of Representation, November 1972, published in L. Papayonopoulos, (ed.), Democratic Representation and Apportionment, Annals of the New York Academy of Sciences, Vol. 219, 1973, 5-19.

"On the Relationship Between U.S. Investment at Home and Abroad," (with Richard Herring), Revista Internationale di Scienze Economiche e Commerciali, No. 1 1973, 72-82.

"Some Economics of Voting and Not Voting," (with Robert Tollison), Public Choice, Fall 1973, 59-71.

"Tariffs vs. Quotas to Control Oil Imports: Comment," (with R. Amacher and Robert Tollison), American Economic Review, December 1973, 1031-34.

"The University and the Price System," (with Robert Tollison), Journal of Economics and Business, Spring-Summer 1973, 191-97.

"Externalities, Common Pool Problems, and the Efficient Exploitation of Ocean Resources," (with Richard J. Sweeney and Robert Tollison), Journal of Law and Economics, April 1974, 174-92.

"On Equalizing the Distribution of Political Income," (with Dennis Mueller and Robert Tollison), Journal of Political Economy, March/April 1974, 414-30.

"The Utilitarian Contract: A Generalization of Rawls' Theory of Justice," (with Dennis Mueller and Robert Tollison), Theory and Decision, No. 4, 1974, 345-67.

"Budget Size in a Democracy: A Review of the Arguments," (with R. Amacher and Robert Tollison), Public Finance Quarterly, April 1975, 99-122.

"Control of Vessel Source Pollution," (with P. Cummins, Dennis Logue, and Robert Tollison), Journal of Maritime Law and Commerce, November 1975.

"The Fiscal Approach to International Inflation: Discussion," in David Meiselman and Arthur Laffer (eds.), The Phenomenon of Worldwide Inflation, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1975, 131-35.

"Optimal Leasing Policy for Development of Outer Continental Shelf Hydrocarbon Resources," (with Dennis Logue and Richard Sweeney), presented at Dartmouth Conference on Problems of Regulation and Public Utilities Industries, August 1974, published in Land Economics, August 1975, 191-207.

"Payments Adjustment and the Monetary System: Discussion," presented at the Princeton Conference on Research in International Trade and Finance, May 1973, published in Peter B. Kenen (ed.), International Trade and Finance, Cambridge University Press, 1975, 491-99.

"Some Aspects of the Behavior and Effects of Exchange-Rate Flexibility," (with Charles Pigott and R. J. Sweeney) presented at Konstanz Conference on Monetary Theory and Policy, June 1975, available as U.S. Treasury Research Paper.

"The Capital Control Program and U.S. Investment Activity Abroad," (with Richard Herring), Southern Economic Journal, July 1972, 58-71; "Reply," Southern Economic Journal, January 1976, 524-25.

"Discussion: Oil Prices, Terms of Trade and Transfers, Static and Dynamic Aspects," in Danny M. Leipziger (ed.), The International Monetary System and the Developing Nations, Agency for International Development, 1976, 115-19.

"The Economic Approach to Social Policy Questions: Some Methodological Perspectives," (with Ryan C. Amacher and Robert Tollison), in Ryan C. Amacher, et al., The Economic Approach to Public Policy, Cornell University Press, 1976, 18-37.

"A Menu of Distributional Considerations," (with Ryan C. Amacher and Robert Tollison), in Ryan C. Amacher, et al., The Economic Approach to Public Policy, Cornell University Press, 1976, 246-75.

"Solving the Intensity Problem and Representative Democracy," (with Dennis Mueller and Robert Tollison), in Ryan C. Amacher, et al., The Economic Approach to Public Policy, Cornell University Press, 1976, 444-73.

"The Eurocurrency Market, Exchange Rate Systems, and National Financial Policies," in Carl H. Stem, John H. Makin, and Dennis Logue (eds.), Eurocurrencies and the International Monetary System, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1976, 193-221.

"Exchange-Rate Flexibility, Objective Indicators, and International Monetary Reform," (with N. Sargen), presented at Pepperdine University, Spring 1975, published in conference volume. P. Boardman and D. Tuerck (eds.), World Monetary Disorder, Praeger, 1976, 153-67.

"Internalizing International Externalities: A Public Choice Approach to the Law of the Sea Issues," (with Robert Tollison), in Ryan C. Amacher and Richard J. Sweeney (eds.), The Law of the Sea: U.S. Interests and Alternatives, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1976, 77-101.

"A Note on the Relation Between the Rate and Predictability of Inflation," (with Dennis Logue), Economica, May 1976, 151-58.

"Oil Import Quotas Are Not the Answer," Journal of Energy and Development, Spring 1976, 240-48.

Contributions to 1975 Claremont International Monetary Conference, published in Randall Hinshaw (ed.), Stagflation: An International Problem, New York, Marcel Dekker, 1977.

"Eurodollars, Petrodollars, and Problems of World Liquidity and Inflation," (with Richard J. Sweeney), presented at Carnegie-Mellon, University of Rochester Monetary Conference, November 1975, Journal of Monetary Economics, special supplement, 1977, 277-310.

"The Effect of Exchange Rate Adjustments on International Investment (with Dennis Logue) in Peter B. Clark, et al., The Effects of Exchange Rate Adjustments, Washington, D.C.: U.S. Government Printing Office, 1977, 137-50.

"The Inflationary Impact of Exchange Rate Changes: Some Theoretical Considerations," (with Richard J. Sweeney) in Peter B. Clark, et al., The Effects of Exchange Rate Adjustments, Washington, D.C.: U.S. Government Printing Office, 1977, 45-61.

"On the Effects of Exchange Rate Adjustment: Introduction and Summary," (with Peter B. Clark, Dennis Logue, and Richard J. Sweeney) in Peter B. Clark, et at., The Effects of Exchange Rate Adjustments, Washington, D.C.: U.S. Government Printing Office, 1977, 3-19.

"Revaluation Can Be Inflationary: An Analysis of Demand Shifts in a Policy Dilemma Model," (with Roger Shields and Edward Tower), in Peter B. Clark, et al., The Effects of Exchange Rate Adjustments, Washington, D.C.: U.S. Government Printing Office, 1977, 62-69.

"The International Transmission of Inflation: Mechanisms, Evidence and Issues," (with Richard J. Sweeney), presented at the Conference on Bank Credit, Money, and Inflation in Open Economies at Leuven, Belgium, September 12-13, 1974, Special Supplement to Kredit Und Kapital, 1977, 441-517.

"The Ranking of Alternative Tariff and Quota Policies in the Presence of Domestic Monopoly," (with Richard J. Sweeney and Edwand Tower), Journal of International Economics, Vol. 7, No.4, November 1977, 349-62.

"Aggregate Economic Fluctuations and the Synchronization of Economic Conditions Among Industrial Countries," (with Charles Pigott and Richard J. Sweeney), Revista Internationale di Scienze Economiche e Commerciali, 1978, No. 5, 413-33.

"Alternative Approaches to International Surveillance of Exchange-Rate Policies," in Managed Exchange-Rate Flexibility, Proceedings of Conference sponsored by the Federal Reserve Bank of Boston, 1978, 148-72.

"The Behavior and Effects of Flexible Exchange Rates: A Brief Review of Recent Research," in Jacob Dreyer, Gottfried Haberler, and Thomas D. Willett (eds.), Exchange Rate Flexibility, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1978, 215-17.

"International Guidelines and Principles for National Financial and Exchange Rate Policies: Discussion," in Jacob Dryer, Gottfried Haberler, and Thomas D. Willett (eds.), Exchange Rate Flexibility, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1978, 215-17.

Contribution to 1978 Claremont International Monetary Conference volume.

"The Fall and Rise of the Dollar," American Enterprise Institute Reprint No. 96, April 1979, based on testimony at the Hearings of the Joint Economic Committee of the U.S. Congress on The Dollar Rescue Operations and Their Domestic Implications, December 1978.

"Fiscal Federalism: A Voting System Where Spillovers Taper Off Spatially," (with Robert Tollison), Public Finance Quarterly, July 1978, 327-42.

"Monetarism, Budget Deficits, and Wage Push Inflation," (with Leroy O. Laney), Banca Nazionale del Lavoro Quarterly Review, December 1978, 315-31.

"It's Too Simple to Blame the Countries with a Surplus," Euromoney, February 1978, 89-91.

"The Speculative Behavior of Foreign Exchange Rates Under the Current Float," (with Dennis Logue and Richard Sweeney), Journal of Business Research, 1978, No. 2, 159-74.
"Some Aspects of the Public Choice Approach to International Economic Relations," presented at European University Institute Conference, on New Political Economy Approaches to International Integration, Florence, Italy, June 1979. Available as Claremont Working Paper.

"Conflict and Cooperation in OPEC: Some Additional Economic Considerations," International Organization, Autumn 1979.

"The Divergence Between Theory and Practice," (with Ryan C. Amacher and Robert Tollison), in Walter Adams, et al., Tariffs, Quotas, and Trade, San Francisco: Institute for Contemporary Studies, 1979, 55-66.

"An Economic Theory of Mutually Advantageous Issue Linkages in International Negotiations," (with Robert Tollison), International Organization, Autumn 1979.

"The Evolving Exchange-Rate Mechanism and Its Control," in Samuel I. Katz (ed.), U.S. - European Monetary Relations, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1979, 245-72.

"Floating Exchange Rates: Discussion," in Federal Reserve Bank of San Francisco, Academic Research Conference Volume, 1979, 184-89.

"Foreign Investment and the Multinational Corporation," (with R. Tollison), in Walter Adams, et al., Tariffs, Quotas, and Trade, San Francisco: Institute for Contemporary Studies, 1979, 109-21.

"It's Too Simple to Blame the Speculators," Euromoney, May 1979, 111-20.

"The Joint Economic Committee on International Economic Issues: A Review Article," Journal of Monetary Economics, Vol. 5, No. 3, July 1979, 413-28.

"Major Challenges to a Liberal International Economic Order: An Initial Overview," in Ryan C. Amacher, Gottfried Haberler, and Thomas D. Willett (eds.), Challenges to a Liberal International Economic Order, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1979.

"The Structure of OPEC and the Outlook for International Oil Prices," The World Economy, January 1979, 51-60.

"U.S. Economic Interests and Crawling Peg Systems," prepared for ANPEC/Ford Foundation Conference on The Crawling Peg: Past Performance and Future Prospects, Rio de Janeiro, October 1979, in John Williamson (ed.), The Crawling Peg, London: MacMillan, 1981.

"Policy Research Issues in a Floating Rate World," prepared for National Science Foundation Colloquium on International Economic Policy Research, Washington, D.C.: October 3-4, 1980, published in conference volume, 124-58.

"Causes and Effects of Exchange Rate Volatility," in Jacob Dreyer, Gottfried Haberler, and Thomas D. Willett (eds.), The International Monetary System, Washington, D.C.: American Enterprise Institute for Public Policy Research 1981, 24-64. "Flexible Exchange Rates and Macroeconomic Instability," ORDO, Bank 32, 1981, 35-50.

"Uncertainty Costs of High Inflation," (with Deborah Frohman and Leroy O. Laney), Voice, of the Federal Reserve Bank of Dallas, July 1981, 1-9.

Contribution to From Rambouillet to Versailles: A Symposium, Princeton Essays in International Finance, No. 149, December 1982, 32-36.

"The Effects of Alternative International Monetary Systems on Inflationary Biases and Macroeconomic Discipline," (with John Mullen), prepared for Penn State Conference, June 1980, in Raymond Lombra and Willard Witte (eds.), Political Economy of International and Domestic Monetary Relations, Ames, Iowa: Iowa State University Press, 1982, 143-56.

"Fundamental Versus Proximate Determinants of Monetary Expansion: A Comment," (with Leroy O. Laney), in Raymond Lombra and Willard Witte (eds.), Political Economy of International and Domestic Monetary Relations, Ames, Iowa: Iowa State University Press, 1982, 203-7.

"Gottfried Haberler on Inflation, Unemployment, and International Monetary Economics: An Appreciation," Quarterly Journal of Economics, February 1982, 161-69.

"The International Liquidity Explosion and Global Monetary Expansion: 1970-72," (with Leroy O. Laney), Journal of International Money and Finance, No. 2, August 1982, 141-52.

"Macroeconomic Adjustment in Small Open Economies: Commentary," in Sven Arndt (ed.), The Political Economy of Austria, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1982, 56-60.

"Power, Politics, and Prosperity: Alternative View of Economic Interdependence," (with Robert Tollison), The Annals, March 1982, 21-28.

"The United States and World Stagflation: The Export and Import of Inflationary Pressures," The Annals, March 1982, 38-44.

"The Causes of Inflation: Suggestions for a Broader Political Economy Framework," (with King Banaian), presented at the Claremont Conference on the Political Economy of Inflation, July 1983. Much of the material from this paper is incorporated in Thomas D. Willett, (ed.), Political Business Cycles.

"Central Bank Independence: An International Comparison," (with King Banaian and Leroy O. Laney), Economic Review, Federal Reserve Bank of Dallas, March 1983, 1-14.

"Fighting Stagflation: Macroeconomics Under Reagan," and "Understanding the Supply-Siders," (with J. Harold McClure, Jr.) in Craig Stubblebine and Thomas Willett (eds.), Reaganomics, 1983, 11-26 and 59-70.

"The Functioning of the Current International Financial System: Strengths, Weaknesses, and Criteria for Evaluation," presented at the International Monetary Fund Conference on International Money, Credit, and the SDR, Spring 1983, in George M. von Furstenberg (ed.), International Money and Credit: The Policy Roles, Washington, D.C.: International Monetary Fund, 1983, 5-44.

"National Security Arguments for Trade Restrictions: Theory and Practice," (with Mehrdad Jalalighajar), prepared for the Cato Institute Conference on International Trade, September 9-10, 1983, published as "U.S. Trade Policy and National Security," Cato Journal, Vol. 3, No. 3, Winter 1983-84, 717-27.

"Presidential Politics, Budget Deficits, and Monetary Policy in the United States: 1960-1976," (with Leroy O. Laney), Public Choice, Vol. 40, No. 1, 1983, 53-69.

"U.S. Monetary Policy and World Liquidity," American Economic Review, Papers and Proceedings, May 1983, 43-47.

"The Vicious Circle Debate: Some Conceptual Distinctions," (with Matthias Wolf), Kyklos, Fasc. 2, 1983, 231-48.

"Current International Trade Policy Issues: An Overview," (with Edward Tower and D.B. Christenson), and "Exchange Rates and Trade Policy," (with Paul Flacco, Leroy O. Laney, and Marie Thursby), presented at the Western Economic Association Meetings, July 1983, Contemporary Policy Issues, No. 4, January 1984, 1-5; 6-18.
"Currency Substitution: Comment," (with Christopher Radcliffe and Leroy O. Laney), Southern Economic Journal, April 1984, 1196-1200.

"Currency Substitution and Instability of the World Dollar Standard: Comment," (with Christopher Radcliffe and Arthur D. Warga), American Economic Review, December 1984, 1129-31.

"International Influences on the U.S. Economy: Summary of an Exchange," (with Ronald McKinnon, et al), American Economic Review, December 1984, 1132-34.

"The Magic of the Market: Slogans or Substance?", Society, November/December 1984, 13-15.

"The Monetary Approach to Exchange Rates," (with Waseem Khan), Kredit und Kapital, Heft 2, 1984, 199-222.

Presentation at American Enterprise Institute's Public Policy Week, December 1983, published in Paul McKracken, et al., On Key Economic Issues, Washington, D.C.: American Enterprise Institute for Public Policy Research, 1984, 43-48.

"The Dollar Exchange Rate as a Leading Indicator for American Monetary Policy: Comment," Federal Reserve Bank of San Francisco, Academic Conference Volume, 1985, 207-14.

"Modern Exchange Rate Analysis," in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 3-13.

"Exchange Rate Overshooting: The Dollar-DM Rate," (with Waseem Khan and Aida Der Hovanessian), in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 49-71.

"On the Costs of Disequilibrium under Pegged and Flexible Exchange Rates," (with Charles Pigott and Richard J. Sweeney), in Sven Arndt, Richard J. Sweeney and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 137-44.

"The Reallocation Effects of Exchange Rate Fluctuations under Uncertainty with Efficient Speculation," (with Paul R. Flacco), in Sven Arndt, Richard J. Sweeney and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 145-52.

"Domestic vs. International Influence on Protectionist Pressures in the United States," (with Susan Feigenbaum), in Sven Arndt, Richard J. Sweeney and Thomas D. Willett (eds.), Exchange Rates, Trade and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 181-90.

"International Aspects of Microeconomic Policy: An Overview," (with Marc Bremer), in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 193-201.

"Currency Substitution, Exchange Rate Changes, and Commodity Shocks," (with Christopher Radcliffe and Arthur D. Warga), in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 213-26.

"Estimating the Inflationary Effects of Exchange Rate Changes," (with Charles Pigott and John Rutledge), in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 245-65.

"The Deficit and the Dollar," in Sven Arndt, Richard J. Sweeney, and Thomas D. Willett (eds.), Exchange Rates, Trade, and the U.S. Economy, Ballinger for the American Enterprise Institute for Public Policy Research, 1985, 273-82.

"Highlights of a Brookings-World Bank Workshop on the International Consequences of Budget Deficits and the Monetary-Fiscal Mix in OECD Countries," Brookings Discussion Papers in International Economics, No. 37, October 1985.

"Macroeconomic Policy: Constraints on Interdependence," Harvard International Review, November 1985, 4-6.

"Macroeconomic Policy Coordination Issues Under Flexible Exchange Rates," ORDO, 32, 1985, 137-49.

"Protectionist Pressures and Aggregate Economic Conditions: A Comment on Takacs," (with Susan Feigenbaum and Henry Ortiz), Economic Inquiry, Vol. XXIII, No. 1, January 1985, 175-82.

"Theories of Central Bank Behavior and Implications for Monetary Reform: A Constitutional Perspective," (with John McArthur), presented at Contemporary Policy Issues Session, Western Economics Association Meetings, Summer 1985. Most of the material from this paper is incorporated in Thomas D. Willett (ed.), Political Business Cycles.

"The Economics and Politics of Industrial Policy: Introduction," and "National Security and Industrial Policy: The Need for a Public Choice Perspective," (with James Lehman), both in Contemporary Policy Issues, IV, No. 1, January 1986, 36-47.

"Exchange Rate Volatility, International Trade, and Resource Allocation: A Perspective on Recent Research," Journal of International Money and Finance, 5, (Supplement), 1986, S101-12.

"Measuring and Managing Exchange Risk," (with Lars Oxelheim, Peter A. Sharp, and Clas Wihlborg), presented at the Conference on International Risk, Geneva, 1986. Available as Claremont Working Paper.

"Currency Substitution, U.S. Money Demand, and International Interdependence," (with Michael Bordo, et al.), in Contemporary Policy Issues, V. July 1987, 76-82.

"Country Risk and the Structure of International Financial Intermediation: Discussion," presented at the Federal Reserve Bank of St. Louis Conference on Financial Risk, 1986, published in Courenay C. Stone, (ed.), Financial Risk: Theory, Evidence, and Implications, Kluwer, 1988, 507-11.

"A New Monetary Constitution? An Evaluation of the Need and Major Alternatives," presented at the Conference on Constraining Federal Taxing and Spending, Hoover Institution, Stanford University, 1982. Revision published in James Dorn and Anna Schwartz (eds.), The Search for Stable Money, Chicago: University of Chicago Press, 1987, 145-60.

"Explaining the Great Stagflation: Towards a Political Economy Framework," (with King Banaian), in Thomas D. Willett, (ed.), Political Business Cycles.

"Models of the Political Process and Their Implications for Stagflation: A Public Choice Perspective," (with King Banaian), in Thomas D. Willett, (ed.), Political Business Cycles.

"The Inflation Tax," (with J. Harold McClure, Jr.), in Thomas D. Willett, (ed.), Political Business Cycles.

"The Decline of Gold as a Source of Monetary Discipline," (with John Briggs, D.B. Christenson, and Pamela Martin), in Thomas D. Willett, (ed.), Political Business Cycles.

"Inflation Hypotheses and Monetary Accommodation: Postwar Evidence from the Industrial Countries," (with King Banaian, Mohand Merzkani, Leroy O. Laney and Arthur D. Warga), in Thomas D. Willett, (ed.), Political Business Cycles.

"Evaluating Proposals for Fundamental Monetary Reform," (with Thomas Mayer), in Thomas D. Willett, (ed.), Political Business Cycles.

"Subordinating the Fed to Political Authorities Won't Control Inflationary Tendencies," (with King Banaian, Leroy O. Laney, and John McArthur), in Thomas D. Willett, (ed.), Political Business Cycles.

"Restricting Imports Won't Help the Trade Deficit," (with William H. Kaempfer), The World Economy, March 1987, 27-38.

"Enforceability and the Resolution of International Jurisdictional Conflicts: Comments on Abott, Atwood, and Ordover," (with Edward Tower), Law and Contemporary Problems, Vol. 50, No. 3, Summer 1987, 189-93.

"Legislation and Political Business Cycles: Comment," (with King Banaian), Kyklos, 1988, 507-11.

"A Public Choice Analysis of Strategies for Restoring International Economic Stability," and "Policy Motives and International Trade Restrictions: Discussion," both presented at the Konstanz International Conference, July 1987, published in Hans-Jurgen Vosgerau, (ed.), New Institutional Arrangements for the World Economy, Berlin, Heidelberg, New York: Springer-Verlag, 1989, 9-30 and 303-9, respectively.

"Incremental Protection and Efficient Political Choice Between Tariffs and Quotas," (with William H. Kaempfer and J. Harold McClure, Jr.), Canadian Journal of Economics, May 1989, 228-36.

"Why Do Large Countries Prefer Quantitative Restrictions?" (with William H. Kaempfer and Stephen V. Marks), Kyklos, Fac. 4, 1988, 625-46.

"National Macroeconomic Policy Preferences and International Coordination Issues," prepared for the National Bureau of Economic Research Interdisciplinary Conference on the Political Economy of International Economic Policy Coordination, November 1987, and the Claremont-U.S.C. Conference on the Political Economy of International Financial Relations, May 1988, Journal of Public Policy, 1988, 235-64.

"Influences on U.S. Trade Policies: Experience and Outlook," (with John Odell), presented at U.S.C. Conference on Trade Policies and International Business Decisions, April 1987, published in Christine Hekman and Tamir Agamon (eds.), Trade Policy and Corporate Business Decisions, Oxford University Press, 1990, 30-42.

Comments in Randall Hinshaw, (ed.), The Unstable Dollar: Domestic and International Issues, Transaction Books, Rutgers University, 1988.

"Key Exchange-Rate Regimes: A Constitutional Perspective," presented at the Cato Monetary Conference, Washington, DC., February 1988, Cato Journal, Fall 1988, 1-17.

"Combining Rent Seeking and Public Choice Theory in the Analysis of Tariffs versus Quotas," (with William H. Kaempfer) Public Choice, October 1989, 77-86.

"Studying the Fed: Towards a Broader Public Choice Perspective," in Thomas Mayer, (ed.), The Political Economy of American Monetary Policy, Cambridge University Press, 1990.

"International Capital Flows, the Dollar, and U.S. Financial Policies," (with Clas Wihlborg) presented at the American Enterprise Institute Monetary Conference, November 1988, published in William Haraf and Thomas D. Willett (eds.) Monetary Policy for a Volatile World Economy, American Enterprise Institute, 1990, 51-88.

"Optimal Performance-Contingent Protection to Achieve Political and Economic Objectives," (with William H. Kaempfer and Edward Tower), Economics and Politics, 1990.

"Assessing the Usefulness of International Trade Theory for Policy Analysis," (with Patricia Dillon and James Lehman) in John Odell and Thomas D. Willett (eds.) International Trade Policies, 21-54.

"Future Directions in the Political Economy of Trade Policies," (with Patricia Dillon and John Odell), in John Odell and Thomas D. Willett (eds.), International Trade Policies, 273-83.

"Approaches to the Study of International Organization," (with Patricia Dillon and Tom Ilgen), in Roland Vaubel and Thomas D. Willett, (eds.), The Political Economy of International Organization, 1991, 79-99.

"Optimum Currency Areas Revisited," (with Clas Wihlborg), presented at the Gothenborg Conference, May 1990, in C. Wihlborg, M. Frattianni and T.D. Willett, (eds.) Financial Regulation and Monetary Arrangements After 1992, May 1990, North-Holland, 1991, 279-97.

"The Instability of Half Way Measures in the Transition to a Common Currency," (with Clas Wihlborg), presented at Basle Conference on the EMS, August 1990.

"The Effects of the EMS on Outside Countries," (with Riad Dahel and Thomas Goodwin), presented at the 1989 meetings of the Allied Social Science Association, The World Economy, 1990.

"Central Bank Reform: The Federal Reserve in International Perspective," (with Richard Burdekin), for Public Budgeting and Financial Management, 1991, No. 3, 619-49.

"EC 1992 From a North American Perspective" (with Sven Arndt), The Economic Journal, November 1991, 1567-79.

"A Monetary Constitution Case for an Independent European Central Bank" (with Richard Burdekin and Clas Wihlborg) presented at the summer 1991 meetings of the Western Economic Association, in The World Economy, March 1992, 231-49.

"Subsidy and Countervailing Duty Issues in the Context of North American Economic Integration" (with Sven Arndt and William Kaempfer) presented at the North American Free Trade Conferences, Washington, D.C., June 27-28, 1991, in L. Waverman, (ed.), Negotiating and Implementing a North American Free Trade Agreement, Fraser Institute and Centre for International Studies, University of Toronto, 1992, 113-132.

"The Dollar and the Dow," (with Thomas Goodwin and Farsio Farshad), Revista Internazionale Di Scienze Economiche e Commerciali, Ottobre-Novembre 1992, 899-906.

"Market Structure and the Effectiveness of Monetary Policy: A Cross Industry Study" (with Thomas Goodwin and Mohammed R. Safarzedeh). Applied Economics, January 1994, pp. 73-82.

"Exchange Rate Pegging as a Disinflation Strategy: Evidence from the European Monetary System" (with R. Burdekin, J. Westbrook) in Pierre Siklos, Ed., Varieties of Monetary Reform, Kluwer Academic Publishers, 1994, pp. 45-72.

"Currency Policies for Inflation Control in the Formerly Centrally Planned Economies",(with F. Al-Marhubi), The World Economy, November, 1994, pp. 795-815.

"Inflation Uncertainty and the Optimal Inflation Tax," (with King Banaian and J. Harold McClure, Jr.), Kredit und Kapital, 1994, Heftl, pp. 30-42.

"Some Often Neglected Aspects of the Political Economy of European Monetary Integration" in Berhanu Abegaz et al, (eds.), The Challenge of European Integration, Westview Press, 1994, pp. 205-218.

"The Effects of Inflation on Economic Growth in Industrial and Developing Countries" (with Richard Burdekin, Thomas Goodwin and Suyono Salamun), Applied Economics Letters, October 1994, pp. 175-177.

"Discussion" in C. Randall Henning, Eduard Hochreiter, and Gary Hufbauer,( eds.), Reviving the European Union, Institute for International Economics, 1994, pp. 129.132.

"The anti-inflationary influence of corporatist structures and central bank independence: The importance of the hump shaped hypothesis," (with F. Al-Marhubi), Public Choice, 84, 1995, pp. 153-162.

"The Costs of Monetary Instability" (with Richard Burdekin and Suyono Salamun), pp. 13-32.

"Guidelines for Constructing Monetary Constitutions", pp. 103-114.

"Designing Central Bank Arrangements to Promote Monetary Stability" (with Richard Burdekin), pp. 115-126. all in Willett, Burdekin, Sweeney and Wihlborg, (eds.), Establishing Monetary Stability in Emerging Market Economies, Westview Press, 1995.

"On the Political Economy of Central Bank Independence," (with King Banaian and Richard Burdekin) in Kevin D. Hoover and Steven Sheffrin, (eds.), Monetarism and Methodology in Economics: Essays in Honor of Thomas Mayer, Edward Elgar, 1995, pp. 178-197.

"The Public Choice Approach to International Economic Relations," Virginia Political Economy Lecture, Center for Study of Public Choice, George Mason University, 1995.

"Currency Substitution and Seniorage Considerations in the Choice of Currency Policies," (with K. Banaian), in Paul Mizen and Eric Pentecost, eds., The Macroeconomics of International Currencies, Edward Elgar, 1996, pp. 77-95.

"The Yeager Mystique: The Polymath as Teacher, Scholar and Colleague" (with William Breit and Kenneth Elzinga) Eastern Economic Journal, Spring 1996, pp. 215-229.

Article on Gottfried Haberler (with Patricia Dillon) in David Glasner (ed.) Business Cycles and Depressions An Encyclopedia Garland Publishing, Inc., 1997, pp. 292-293.

"Capital Account Liberalizational and Policy Incentives: An Endogenous Policy View" (with Clas Wihlborg) in Christine Ries and Richard J. Sweeney, (eds.), Capital Controls in Reforming Economies, Westview Press, 1997, pp. 111-136.

"Political Instability, Political Capacity, and Capital Flows to Developing Countries" (with Slamet Seno Adji and Cheryl Holsey) pp. 127-148 and "Approaches to Measuring Political Capacity" pp. 297-302 in Marina Arbetman and Jacek Kugler, eds., Political Capacity and Economic Behavior, Westview Press, 1997.

"Financial Interdependence and the State" (with David Andrews) International Organization, Summer 1997, pp. 479-511.

"The Political Economy of Discretionary Monetary Policy: A Public Choice Analysis of Proposals for Reform" (with Richard Burdekin and Jilleen Westbrook) in Kevin Dowd and Richard Timberlake (eds.) Money and the Nation State, Independent Institute, New Brunswick, Transaction Books, 1998, pp. 331-350.

"The Effects of Inflation and Exchange Rate Policies on Direct Investment of Developing Countries," (with Young Seok Ahn and Slamet Seno Adji) International Economic Journal, spring 1998, pp 95-104.

"Reconsidering the Principal Components of Central Bank Independence," (with King Banaian and Richard Burdekin) Public Choice, 97, 1998, pp 1-12.

"The Credibility and Discipline Effects of Exchange Rates as Nominal Anchors," The World Economy, August 1998, pp 303-326.

"Henry George: Precursor to Public Choice Analysis," (with Tom Borcherding and Patricia Dillon), The American Journal of Economics and Sociology, April 1998, 00 173-182.

"The Relevance of the Optimum Currency Approach for Exchange Rate Policies in Emerging Market Economies" (with Clas Wihlborg), pp 61-79.

"Exchange Rates as Nominal Anchors" (with Jilleen Westbrook), pp 83-112.

"Central European Exchange Rate Policy and Inflation" (with Richard Burdekin and Heidi Nelson), pp 113-126.

The Baltic States: Alternative Routes to Credibility," (with Gediminas Dubauskas and Clas Wihlborg), pp 127-140.

"Exchange Rate Based Stabilization in Latin America" (with Pamela Martin and Jilleen Westbrook), pp 141-164, all in Richard Sweeney, Clas Wihlborg, and T.D. Willett, eds., Exchange Rate Policies for Emerging Market Economies, Westview Press 1999.

"Developments in the Political Economy of Policy Coordination," Open Economies Review, Vol. 10, 1999, pp 221-253

"More is Less," Foreign Affairs, March - April 1999, pp.

"Is the Negative Correlation Between Inflation and Growth Real?: An Analysis of the Effects of the Oil Supply Shocks" (with Sung Kim), Applied Economic Letters 2000, 7, pp. 141-147.

"The Variability of Inflation and Real Stock Returns" (with Charles Hu), Applied Financial Economics, 2000, 10, 655-665.

"A Political Economy Analysis of the Maastricht and Stability Pact Fiscal Criteria" in Andrew Hughes Hallett, Michael Hutchison and Sven Jensen, eds, Fiscal Aspects of Monetary Integration, Cambridge University Press, 2000, pp. 37-66.

"Saving the IMF's Seal of Approval," in Joseph R. Bisignano, William C. Hunter, and George G. Kaufman, eds., Global Financial Crises Lessons From Recent Events, Kluwer, 2000, pp. 421-429.

"Some Political Economy Aspects of EMU," Journal of Policy Modeling, May 2000, pp.379-389.

"The OCA Approach to Exchange Rate Regimes," in James W. Dean, Steven Globerman, and T.D. Willett, eds., Dollarization in the Americas?, Westview Press (forthcoming).

"A Soft Core Public Choice Analysis of the IMF" in David Andrews, Randall Henning , and Louis Pauly, eds., Organizing the World Economy, a Festschrift in honor of Benjamin J. Cohen, (forthcoming).

"Upping the Ante for Political Economy Analysis of International Financial Institutions," The World Economy, (forthcoming).

"The Need for A Political Economy Capability at the IMF," prepared for the Claremont-Georgetown Workshop on Improving the Credibility of IMF Programs, January 2000.

"Managing Financial Crises: Discussion" Claremont Working Paper, 2000-33, Carnegie-Rochester Conference Volume (forthcoming).

"Understanding the IMF Debate," The Independent Review: A Journal of Political Economy (forthcoming).

"Currency Market Reactions to Good and Bad News During the Asian Crisis," (with Gab-Je Jo), Seoul Journal of Economics (forthcoming).

"Capital Mobility for Developing Countries May Not Be So High," with Young Seok Ahn and Manfred W. Keil, Claremont Working Paper, 2000-26

"A Currency Crises Model That Works: A Payments Disequilibrium Approach," with Ekniti Nitithanprapas, Claremont Working Paper, 2000-25

"Nonlinear Effects of Inflation on Growth: Comment," with Richard C.K. Burdekin, Arthur T. Denzau, Manfred W. Keil, Thitithep Sitthiyot, Claremont Working Paper, 2000-23

"When Does Inflation Hurt Economic Growth? Different Nonlinearities for Different Economies," with Richard C.K. Burdekin, Arthur T. Denzau, Manfred W. Keil, Thitithep Sitthiyot, Claremont Working Paper, 2000-22

"The Political Economy of Perverse Liberalization" prepared for Claremont Conference on The Political Economy of International Financial Crises, December 2000.

"The Falsification of Four Popular Hypotheses About International Financial Behavior During the Asian Crisis" with Aida Budiman, Arthur Denzau, Gab-Je Jo, Cesar Ramos, and John Thomas.

Contributions to Claremont Policy Briefs

"International Support for the Ruble" No. 1, 1992.

"The Russian Referendum: Politics 1, Economics 0" No. 2, 1993.

"The Plunge of the Peso: The Dangers of Exchange Rate-Based Stabilization Policy" No. 1, 1995.

"Did the Mexican Bailout Really Cause the Asian Crisis?" No. 1, 1999

"A Chile Plus Approach to Managing International Financial Flows" No. 3, 1999, with Arthur Denzau.

Reviews and Abstracts

Review of Clement, Pfister, and Rotherwell, Theoretical Issues in International Economics, Kyklos, Fasc. 2, 1968, 367-70.

Review of Herbert G. Grubel, Forward Exchange Speculation and the International Flow of Capital, Southern Economic Journal, April 1968, 580-81.

Thesis Abstract, "A Portfolio Theory of International Short-Term Capital Movements," Journal of Finance, December 1969, 971-72.

Review of Robert A. Mundell, International Economics, Kyklos, Fasc. 4, 1969, 818-19.

Review of Robert Z. Aliber, (ed.), The International Market for Foreign Exchange, Journal of Finance, Vol. XXV, No. 4, September 1970, 985-86.

Review of John Due and Ann Friedlander, Government Finance: The Economics of the Public Sector, Journal of Finance, Vol. XXIX, No. 1, March 1974, 302-3.

Review of Gerald Meier, Problems of a World Monetary Order, Journal of International Economics.

Review of International Monetary Relations by Susan Strange, Journal of Money, Credit, and Banking, August 1979, 375-80.

Review of Democracy and Welfare Economics, by Hans van der Doel, Journal of Economic Literature, Vol. XIX, No. 1, March 1981, 93-95.

Review of The Economics of Ocean Resources, by Ross Eckert, Public Choice, Vol. 37, No. 2, 1981, 377-81.

Review of The Political Economy of Inflation, edited by Hirsch and Goldthorpe, Public Choice, Vol. 38, No. 3, 1982, 329-33.

Review of U.S. International Monetary Policy, by John Odell, Journal of International Money and Finance, Vol. 3, No.2, August 1984, 251-53.

Review of Exchange Rates and International Macroeconomics, edited by Jacob Frenkel, Journal of Economic Literature, March 1985, 129-31.

Review of The Industrial Policy Debate, edited by Chalmers Johnson, Business Economics, Vol. XX, No. 1, January 1985, 62-63.

Review of The Rules of the Game, by Kenneth Dam, Journal of Economic History, Vol. XLV, No. 3, September 1985, 677-67.

Review of International Money and Capitalist Crisis, by E. A. Brett, Journal of Development Economics, Vol. 20, No. 1, January/February 1986, 191-93.

Review of The International Monetary Fund, by Margaret de Vries, Economica, 1987.

Review of "In Whose Interests?" by Benjamin J. Cohen, American Political Science Review, 1988.

Review of Markets or Governments? by Charles Wolf (with Patricia Dillon), Kyklos.

Review of Patchwork Protectionism by Richard Frieman, Journal of International Economics, 1992.
Review of Trade Protection in the United States by Rowley, Thorbecke and Wagner, Public Choice, 1997.

Review of Making Economic Policy by Avanish Dixit, Constitutional Political Economy, Vol. 9 No. 1, 1998, pp 75-77.

Review of Policy Analysis and Public Choice by William Niskanen, Cato Journal, Spring/Summer 1999, pp. 181-183.