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 Prof. Dr. Jürgen von Hagen
 
Monographs Articles in Journals
Articles in Newspapers Book Chapters
Book Reviews Working Paper
 
Prof. von Hagen is the author of the following publications:
 
Monographs 43. “Coming of Age: Report on the euro area” (With Jean Pisani-Ferry, Philippe Aghion, Marek Belka, Lars Heikensten, and Andre Sapir) Bruegel Blueprint 4, Brussels: Bruegel 2008

42. “Fiscal Governance in Europe” (With Mark Hallerberg and Rolf R. Strauch), forthcoming: Cambridge University Press

41. “Macroecoomic Policies for EU Accession” (Edited with Erdam Basci and Sübidey Togan) Cheltenham: Edwar Elgar 2007

40. “Macroeconomic Adjustment in the New EU Member States” with Iulia Traistaru, SUERF Studies 2006/4, Vienna: SUERF 2006

39. “Perspectives on Economic, Monetary, and Financial Integration” Open Economies Review Special Edition 17:4-5 (Guest Editor)

38. “Macro Fiscal Policies: New Perspectives and Challenges. A Collection of Papers from the 61st Congress of the International Institute of Public Finance” (Guest Editor) International Tax and Public Finance 13:4 Special Edition 2006.

37. “The Economic Regulation of Broadcasting Markets” (With Paul Seabright). Cambridge: Cambridge University Press 2007.

36. “Budget Processes in Poland: Promoting Fiscal and Economic Stability.” (With Mark Hallerberg). Warsaw: Ernst and Young Better Government Program 2006

35. “Fiscal Policy in Europe, 1991-2003. An Evidence-Based Analysis.” (with Andrew Hughes Hallett and John Lewis) London: CEPR 2004

34. “Economic Aspects of the Annan Plan for the Solution of the Cyprus Problem.” (With Barry Eichengreen, Riccardo Faini, and Charles Wyplosz). Report to the Government of Cyprus, published at http://www.mof.gov.cy/,February 2004

33. “Stability and Growth in Europe: Towards a Better Pact” (With Antonio Fatas, Andrew Hughes Hallett, Ann Sibert, and Rolf Strauch). Monitoring European Integration 13, London: CEPR, 2003

43. “Monetary Policy Strategies for Accession Countries” (Co-edited with G. Szapary) London: Edward Elgar, 2004

31. “The South-East Europe Review 2002-2003" (with Iulia Traistaru) Davos: World Economic Forum May 2003

30. “Sustainable Regimes of Capital Movements in Accession Countries” (with David Begg, Barry Eichengreen, Laszlo Halpern, and Charles Wyplosz) CEPR Policy Paper No. 10. London: CEPR 2003

29. “The Lisbon Review 2002-2003. An Assessment of Policies and Reforms in Europe” (with Susanne Mundschenk, Peter Cornelius, and Jennifer Blanke). Davos: World Economic Forum September 2002

28. “The Behavior of Fiscal Authorities - Stabilisation, Growth, and Institutions” (coedited with Marco Buti and Carlos Martinez Mongay) London: Palgrave 2002

27. “The Use and Effectiveness of Fiscal Norms in the European Union” (with Mark Hallerberg and Rolf R. Strauch), The Hague: Dutch Ministry of Finance 2002

26. “Central Bank Operations - Auction Theory and Empirical Evidence” Journal of International Money and Finance Special Issue, Vol 20 No 6, November 2001

25. “Fiscal Policy with a Stability and Growth Pact” Public Finance and Management Vol 1 No. 1 (e-journal at www.spaef.com)

24. “Budgetary Consolidation in EMU.” (With Andrew Hughes-Hallett and Rolf R. Strauch). European Commission Economic Paper 148. Brussels 2001

23. “Regionalism in Europe: Strategies and Geometries after 2000" (Coedited with Mika Widgren), Boston: Kluwer Academic Publishers 2001

22. “Obst/Hintner Geld-, Bank- und Börsenwesen.” (Coedited with Johann Heinrich von Stein) Stuttgart: Schäffer Poeschel 2000

21. “Empirical Studies of Environmental Policies in Europe” (with John W. Maxwell), Boston: Kluwer Academic Publishers 2000

20. “Institutions, Politics, and Fiscal Policy” (With Rolf R. Strauch), Boston: Kluwer Academic Publishers 1999

19. “Regional Aspects of Monetary Policy in Europe” (With Christopher J. Waller), Boston: Kluwer Academic Publishers 1999

18. "Fiscal Institutions and Fiscal Performance" (with James Poterba), NBER and University of Chicago Press 1999

17. “EMU: Prospects and Challenges for the Euro”with David Begg, Charles Wyplosz and Klaus F. Zimmermann. Oxford: Basil Blackwell 1998

16. “Economic Policy” Vol 26, Special volume on European Monetary Union with David Begg, Charles Wyplosz and Klaus F. Zimmermann, April 1998

15. “Sustainable Public Finances” (with Roberto Perotti and Rolf Strauch), London: CEPR 1998

14. “Getting the End-game Right” (with David Begg, Francesco Giavazzi, and Charles Wyplosz). Monitoring European Integration Vol. 7, London: CEPR 1997, Italian translation: “Moneta unica europea”, Bologna: Il Mulino 1997

13. "Coming to Terms with Accession" (with Andrej Kumar), European Policy Initiative Band II, London: CEPR und Institute for East West Studies 1996

12. "Monetary Policy in the European Monetary System" by Joao Loureiro, edited for European and Transatlantic Studies, Springer Verlag, Heidelberg, New York 1996

11. "Springers Handbuch der Volkswirtschaftslehre Vol. II" coedited with Axel Börsch-Supan and Paul J. J. Welfens. Heidelberg, New York: Springer Verlag 1996

10. “Springers Handbuch der Volkswirtschaftslehre Vol. I" coedited with Axel Börsch-Supan and Paul J. J. Welfens. Heidelberg, New York: Springer Verlag 1996

9. "Handbook of Macroeconomic Policies in Open Economies" coedited with Michele Fratianni and Dominick Salvatore. Westport: Greenwood Publishers 1997

8. "Politics and Institutions in an Integrated Europe" coedited with Jeffrey Frieden und Barry Eichengreen, Heidelberg - New York: Springer 1995

7. "Monetary and Fiscal Policy in an Integrated Europe" coedited with Jeffrey Frieden und Barry Eichengreen, Heidelberg - New York: Springer 1995

6. "Flexible Integration: Towards a More Effective and Democratic Europe". with Mathias Dewatripont, Ian Harden, Torsten Persson, Francesco Giavazzi, Howard Rosenthal, André Sapir and Guido Tabellini. Monitoring European Integration 6, London: CEPR 1995 Swedish translation: “EU: S Framtida Struktur” Stockholm, SNS Förlag 1999

5. "Budgeting Procedures and Fiscal Performance in the European Communities" Commission of the European Communities, DG II Economic Papers 96, 1992

4. "The Maastricht Way to EMU" (with Michele Fratianni and Christopher Waller) Princeton Essays in International Finance, Princeton: Princeton University Press 1992

3. "The European Monetary System and European Monetary Union" (with Michele Fratianni) Boulder, Colorado: Westview Press 1992

2. "Strategien kurzfristiger Geldmengensteuerung" (Operating Procedures for Short-Run Monetary Control) Hamburg: Weltarchiv Verlag 1986

1. "Argentinien: Wirtschaftsstruktur" (with H. Stausberg) (The Structure of the

     
Articles in Journals 78. “Does Interbank Borrowing Reduce Risk?” (With Valeriya Dinger) Journal of Money, Credit, and Banking forthcoming

77. “The Interaction Between Capital Controls and Exchange Rate Regimes: Evidence from Developing Countries.” (With Jizhong Zhou). International Economic Journal forthcoming.

76. “A Welfare Analysis of Capital Account Liberalization” (with Haiping Zhang) Review of International Economics forthcoming

75. “Financial Frictions, Capital Reallocation, and Aggregate Fluctuations.” (with Haiping Zhang) Journal of Economic Dynamics and Control forthcoming

74. “Un Conseil de Stabilite Pour Assurer la Soutenabilite Budgetaire en UEM” Economie & Prevision 173:2, 2006, 7-25

73. “The Design of Fiscal Rules and Forms of Governance in European Union Countries” with Mark Hallerberg and Rolf R. Strauch. European Journal of Political Economy 23:2, 2007, 338-359

72. “Financial Liberalization in a Small Open Economy” (with Haiping Zhang) Open Economies Review 17:4-5, 2006, 373-98

71. “Budget Processes: Theory and Experimental Evidence.” (With Karl-Martin Ehrhart, Roy Gardner, and Claudia Keser). Games and Economic Behavior 59:2, 2007, 279-92

70. “Money Market Pressure and Banking Crises.” (With Tai-kuang Ho) Journal of Money, Credit, and Banking forthcoming

69. “What Do Deficits Tell Us About Debt? Empirical Evidence on Creative Accounting With Fiscal Rules in the EU.” (With Guntram Wolff). Journal of Banking and Finance 30:12, 3259-3279

68. “Fiscal Rules and Fiscal Performance in the EU and Japan” Monetary and Economic Studies 14, 2006, 25-60

67. “The Choice of Exchange Rate Regimes in Developing Countries: A Multinomial Panel Analysis” (With Jizhong Zhou) Journal of International Money and Finance forthcoming

66. “Official and De Facto Exchange Rate Regimes in Transition Economies” (With Jizhong Zhou) Economic Systems 29, 2005, 256-75

65. “The Choice of Exchange Rate Regimes in Transition Economies” (With Jizhong Zhou), Economics of Transition 13, 2005, 679-703

64. “The Determination of Capital Controls: Which Role do Exchange Rate Regimes Play” (with Jizhong Zhou), Journal of Banking and Finance 29, 2005, 227-48

63. “Budgeting in Europe After Maastricht: Patterns of Reform and Their Effectiveness” (With Mark Hallerberg and Rolf R. Strauch). Hacienda Publica Espanola 167, 2004, 201-225

62. “Risk Effects of Bank Specialization in Central and Eastern Europe” (with Valeriya Dinger), European Review of Finance and Economics 3, 2004, 105-28

61. “The Euribor Futures Market: Efficiency and the Effect of ECB Policy Announcements” (With Kerstin Bernoth). International Finance 7, 2004, 1-24

60. “The Macroeconomics of Low Inflation in the Euro Area” (with Boris Hofmann) North American Journal of Economics and Finance 15, 2004, 5-23

59. “Fiscal and Monetary Policy Coordination in EMU” (with Susanne Mundschenk) Journal of International Finance and Economics 8, 2003, 279-95

58. “Pourquoi l’Europe ne resembl-t’elle pas a ce que voudraient les economistes?” (With Jean Pisani-Ferry) Revue Economique 54, 2003, 477-488

57. “Fiscal Rules, Fiscal Institutions, and Fiscal Performance” The Economic and Social Review 33:3, Winter 2002, 263-284

56. “Koordinierung der Geld- und Fiskalpolitik in der EWU” (with Susanne Mundschenk) Vierteljahreshefte zur Wirtschaftsforschung 71, 2002, 326-39

55. “Monetary and Fiscal Policy in EMU: The Experience in the Early Years.” (with Matthias Brückner)Monetary and Economic Studies, 2002, Special Edition, 123-154

54. “Does Inflation Targeting Matter?” (With Manfred J. M. Neumann) Federal Reserve Bank of St. Louis Review 2002, July/August, 1-22

53. “The Political Economy of Policy Coordination in Europe” (with Susanne Mundschenk) Swedish Review of Economic Policy 8, 2002, 11-41

52. “Budgetary Consolidations in Europe” (With Rolf R. Strauch and Andrew Hughes-Hallett) Journal of the Japanese and International Economies 16, 2002, 512-535.

51. “Fiscal Consolidations: Quality, Economic Conditions, and Success” (with Rolf R. Strauch), Public Choice 109, 2001, 327-46

50. “The Konstanz Seminar on Monetary Theory and Policy at 30" (With Michele Fratianni), European Journal of Political Economy 17, 2001, 641-64

49. “Macroeconomic Consequences of the EMU” Empirica 26, 1999, 359-74

48. “Reforming Budgetary Institutions in Latin America: The Case for a National Fiscal Council.” (With Barry Eichengreen and Ricardo Hausmann), Open Economies Review 10, 1999, 415-442

47. “La Union Económina y Monetario: cuestiones y desafios de economía política.” Moneda y Crédito 208, 1999, Segunda Epoca, 25-58

46. “Monetary Targeting in Germany” Journal of Monetary Economics 43, 1999, 681-701

45. “The Euro - No Big Bang for European Financial Markets?” Konjunkturpolitik Beiheft 47, 1998, 79-85

44. “Central Banking in a More Perfect Financial System” (with Ingo Fender) Open Economies Review 9, 1998, 493-531

43. "Regional Insurance Against Asymmetric Shocks - An Empirical Study for the EC" (with George Hammond) The Manchester School 66, 1998, 331-353

42. “Entwurf für eine europäische Geld- und Währungspolitik” (Mit Manfred J. M. Neumann) Kredit und Kapital Beiheft 14, 1998, 365-86

41. “European Monetary Unification: Implications of Research for Policy, Implications of Policy for Research”. (with Tamin Bayoumi and Barry Eichengreen). Open Economies Review 8, 1997, 71-91

40. "Monetary Policy and Institutions in the EMU" Swedish Economic Policy Review 4, 1997, 52-127 published in Swedish as: Penningpolitik och institutioner I EMU. Finansdepartementet, Statens offentliga utredningar 1996:158, Stockholm

39. "Central Banking as a Political Principal Agent Problem" (with M. Fratianni and C. Waller) Economic Inquiry 35, 1997, 378-94

38. "Federalism, Fiscal Restraints and European Monetary Union" (with Barry Eichengreen). American Economic Review 86, May 1996, 134-38

37. “Fiscal Restrictions and Monetary Union: Rationales, Repercussions, Reforms” (with Barry Eichengreen). Empirica 23, 1996, 3-23

36. "Monetary and Fiscal Policies on the Way to EMU" (with Stefan Lutz). Open Economies Review 7, 1996, 299-325

35. "Budget Processes and Commitment to Fiscal Discipline" (with Ian Harden), European Economic Review 39, 1995, 771-79

34. "Towards EMU Without the EMS - Comment" Economic Policy 18, 1994

33. "Central Bank Constitutions for Federal Monetary Unions" (with Ralph Süppel) European Economic Review 38, 1994, 774-82

32. "Options for Economic and Political Reform in Sweden - Comments"Economic Policy 17, 1993, 259-61

31. "Real Exchange Rates Within and Between Currency Areas - How Far Away is EMU?" (with Manfred J. M. Neumann), The Review of Economics and Statistics 76, June 1994, 236-44

30. "The Transition to European Monetary Union and the European Monetary Institute" (with Michele Fratianni) Economics and Politics 5, 1993, 167-86

29. "Money Demand, Money Supply, and Monetary Union - A Review of the German Monetary Union" European Economic Review 37, 1993, 803-36

28. "European Monetary Union and Central Bank Independence" (with Michele Fratianni), Regional Science and Urban Economics 23, 1993, 401-26

27. "Policy Delegation and Fixed Exchange Rates" International Economic Review 33, 1992

26. "German Unification: Economic Problems and Consequences - A Comment" in: Allan H. Meltzer (ed.), Carnegie Rochester Conference Series on Public Policy Volume 34, Amsterdam: NorthHolland 1992

25. "On the Road to EMU" (with Michele Fratianni). Revista de Politica Economica 81, 253 – 280

24. "Sulla strada dell'unificazione monetaria ed economica europea" (with Michele Fratianni), Revista de Politica Economica 81, May 1991, 231-266

23. "Unione Monetaria e Indipendenza Della Banca Centrale" (with Michele Fratianni) Biblioteca della liberta 26, 1991, 73 – 102

22. "Testing the Satisfycing Version of the Political Business Cycle" (with Lawrence S. Davidson and Michele Fratianni) Public Choice 73, 1992, 21-35

21. "Asset Prices and Public Information - An Empirical Investigation in the Market for Automobiles" (with Winand Emons), European Economic Review 35, 1991, 1529 – 42

20. "A Note on the Empirical Effectiveness of Formal Fiscal Restraints" Journal of Public Economics 44, 1991, 199 - 210. Reprinted in: C. K. Rowley, W. F. Shugart, and R. T. Tollison (eds.), The Economics of Budget Deficits. International Library of Critical Writings in Economics. Cheltenham: Edward Elgar

19. "German Dominance in the EMS: Evidence from Interest Rates" (with Michele Fratianni), Journal of International Money and Finance 9, 1990, 358 – 75

18. "Public Choice Aspects of European Monetary Unification" (with Michele Fratianni), CATO Journal 10 Fall 1990, 389-412

17. "Conditional Relative Price Variance and its Determinants: Open Economy Evidence from Germany" (with Manfred J. M. Neumann) International Economic Review 32, 1991, 195 – 208

16. "Operating Targets and Information Variables in Monetary Control" Weltwirtschaftliches Archiv 126, 1990, 643 – 661

15. "Relative Price Risk in the Open Economy with Fixed or Flexible Exchange Rates" (with Manfred J. M. Neumann), Open Economies Review 2, October 1990, 269-289

14. "Policy Effectiveness in an Open Multimarket Economy with Risk Neutral Speculation" Journal of International Money and Finance 9, 1990, 110 – 122

13. "Monetary Targeting with Exchange Rate Constraints - The Bundesbank in the 1980s" Federal Reserve Bank of St. Louis Review 71, 5, September/October 1989, 53 – 69

12. "German Dominance in the EMS - The Empirical Evidence" (with Michele Fratianni) Open Economies Review 1, 1990, 67 – 87

11. "The European Monetary System Ten Years After" (with Michele Fratianni), in: Allan H. Meltzer and Charles Plosser (ed.), Unit Roots, Investment Measures and Other Essays, Carnegie Rochester Conference Series on Public Policy, Vol. 32, Spring 1990, 173-242

10. "Testing for the Political Business Cycle" (with Lawrence S. Davidson and Michele Fratianni) Journal of Policy Modeling 12, 1990, 35 – 59

9. "Relative Commodity Prices and Co-integration" Journal of Business and Economic Statistics 7, 1989, 497 – 503

8. "An Aggregate Supply Function for the Open Economy with Flexible Exchange Rates" (with Manfred J. M. Neumann) Journal of Institutional and Theoretical Economics 144, 1988, 658 – 670

7. "Geldmengensteuerung mit stochastischem Operationsziel" Kredit und Kapital 21, 1988, 346 – 362

6. "Alternative Operating Procedures for Money Stock Control in West Germany – An Empirical Evaluation" Weltwirtschaftliches Archiv 124, March 1988, 89 – 109

5. "Nichtneutrale Effekte der Inflation auf die Preisstruktur - Ein Kommentar" Jahrbücher für Nationalökonomie und Statistik 204, 1988, 279 – 281

4. "Instability versus Dynamics - A Study in West German Demand for Money" (with Manfred J. M. Neumann) Journal of Macroeconomics 10, Summer 1988, 327 – 349

3. "Money Stock Targeting with Alternative Reserve Requirement Systems" Zeitschrift für Wirtschafts- und Sozialwissenschaften 107, 1987, 379 – 395

2. "Inflation and Relative Price Risk" (with Manfred J. M. Neumann) Zeitschrift für Wirtschafts- und Sozialwissenschaften 105, 1985, 169 – 192

1. "The Causal Role of Money in West Germany: Some Contradicting Comments and Evidence" Weltwirtschaftliches Archiv 120, 1984, 558 – 571

     
Articles in Newspapers 49. “Szwedzka lekcja” (with Mark Hallerberg). Newsweek, Polish edition, 27. 8. 2006

48. “Koalicja na rzecz dobrego budzetu” (with Mark Hallerberg), Gazeta Wyborcza, 20. 5. 2006

47. “Are Fiscal Spending Rules Effective”, Wirtschaftspolitische Blätter 53:1, 2006, 7-19

46. “The Past can Teach Germany Fiscal Lessons” (with Mark Hallerberg), Financial Times 2. 11. 2005

45. “Die Renaissance des Zinses” Financial Times Deutschland 29. 12. 2004

44. “Es geht um die Rolle der Kommission” Handelsblatt 13. 7. 2004

43. “Stabilität und Wachstum in Euroland: Plädoyer für einen Stabilitätsrat” Wirtschaftsdienst 84:1, 2004, 11-14

42. “Reale Wechselkurse und Deflation in der Währungsunion” Deutsche Bundesbank Auszüge aus Presseartikeln 49, 12, November 2003, 11-15

41. “Die Notenbankzinsen müssen heraufgesetzt werden!” Handelsblatt 10. 11. 03

40. “Fehler nicht wiederholen” Handelsblatt 3. 11. 03

39. “Fiscal Discipline and Growth in Euroland.” Wirtschaftspolitische Blätter 50:2, 2003, 163-176

38. “Die Zentralbank hat keinen Spielraum” Handelsblatt 2. 6. 03

37. “Reformaktivismus schadet nur” Frankfurter Rundschau 31. 5. 03

36. “La malaise economique de l’Allemagne” Le Monde 4. 11. 02

35. “Kleiner Wurf mit Denkfehlern.” Financial Times Deutschland 16.8.2002

34. “Euroisierung ist eine attraktive Option für kleine Beitrittsländer.” Handelsblatt, 10. 8. 2001

33. “Mehr Empirie und mehr Wettbewerb zwischen den Unis” Financial Times Deutschland, 8. 12. 2000

32. “Euro verschärft Reformbedarf” Bundesarbeitsblatt 11/2000, 19-24

31. “Die wirklichen Gründe für die Inflation in der Euro-Zone” Financial Times Deutschland, 31. 10. 2000

30. “Die Europäische Zentralbank muss sich entscheiden” Financial Times Deutschland, 14. März 2000

29. “Nimmt die EZB ihre mittelfristige Orientierung ernst?” Der Euro: Die ersten 100 Tage. Vwd Währungsunion extra Nr. 15B, 12. 4. 1999

28. “Euro forte solo se il lavoro e flessibile” Il Sole-24 Ore, 11 December 1998, p. 7

27. “Stabilitätspakt ade!” EURO am Sonntag, 1. November 1998

26. “Die Geldpolitik wird in Zeiten entstehender Inflationsgefahren zu wenig tun” Frankfurter Rundschau 7 October 1998

25. “Die EZB ist keine ‘Superbundesbank” vwd Währungsunion Finanz, 32, 10 August 1998, p. 6-8

24. “Economic Policy Council for EMU” EuroFocus 2, 3 June 1998, 1-3

23. “Von der Deutschen Mark zum Euro” Aus Politik und Zeitgeschichte Beilage zu Das Parlament, Juni 1998, 35-46

22. “Un conseil de politique économique pur l’UEM?”, Commentaire 80, Hiver 1997-98, 877-880

21. "How to Avoid Convergence Fatigue" (with Ian Harden and Robert Brookes) European Brief 3, February 1996, 26-29

20. "Hurdles too high" (with Barry Eichengreen and Ian Harden), Financial Times 28 November 1995

19. "Monetäre, fiskalische und politische Integration: Das Beispiel der USA" preprinted in: Deutsche Bundesbank, Auszüge aus Presseartikeln 76/1995, 13-21

18. Bankhistorisches Archiv Beiheft 30, 1996, 35-51

17. "National Budget Processes and Fiscal Performance" (mit Ian J. Harden) in: European Economy Reports and Studies 3, 1994, 311 – 418

16. "Konvergenz ohne Korsett" Finanz und Wirtschaft, 23 November 1994 "Geldmengensteuerung: verbessern statt aufgeben" Wirtschaftsdienst 74, 1994, 286-89

15. "Too-Low Inflation in Germany" European Brief November/December 1993

14. "A Tier-ful EMS" European Economic Perspectives September 1993

13. "Die Verwirklichung der Europäischen Währungsunion: Wann, Wie, Mit Wem?" Aus Politik und Zeitgeschichte Beilage zu Das Parlament May 1993

12. "Zwei Bänder für Europa" Frankfurter Allgemeine Zeitung 7. 11. 1992

11. "Mitgliedschaft in der EWU - Warum und Wann?" Finanz und Wirtschaft 5. 8. 1992

10. “Proposal for Monetary and Fiscal Reforms in the Baltic Republics.” (With Michele Fratianni and Lawrence S. Davidson). The G-7 Report Summer 1992, 37-50

9. "L'Union Monetaire face à ses critiques" with C. Bean, D. Cohen, F. Giavazzi, A. Giovannini, D. Neven, X. Vives and W. Wyplosz. Le Monde 17 July 1992

8. "The International Economy" Indiana Business Review, December 1991

7. "The International Economy" Indiana Business Review, May 1991

6. "The International Economy" Indiana Business Review, December 1990

5. "Probleme der Geldmengenpolitik in der Bundesrepublik Deutschland" Geld und Währung - Monetary Affairs 2, 1986, 6 – 23

4. "Paraguay: Wirtschaftliche Expansion und aussengelenkte Entwicklung seit 1976" Lateinamerika Nachrichten University of St. Gallen 11, 1983 Nr. 5/6, 1 – 59

3. "Wirtschaftliche Integration und Kooperation in Lateinamerika - Ein Überblick über Formen, Ziele, Erfolge und Probleme" Orientierungen zur Wirtschaft- und Gesellschaftspolitik 9, 1980, 5 – 10

2. "Die Lateinamerikanische Freihandelszone: Ergebnisse und Probleme" Lateinamerika Nachrichten University of St. Gallen 8, 1980 Nr. 6, 1 – 46

1. "Strukturwandel in Argentinien" (with H. Stausberg) (Structural Change in the Argentine Economy), Lateinamerika Nachrichten University of St. Gallen 8, 1980 Nr. 3, 1 – 27

     
Book Chapters 95. “Federal Republic of Germany.” (With Lars P. Feld) In: Anwar A. Shah (ed.), The Practice of Fiscal Federalism: Comparative Perspectives.” A Global Dialogue on Federalism 4, Montreal and Kingston: McGill and Queen’s University Press 2007

94. “Fiscal policies and sustainability of public finances in the European Union.” In: Erdam Basci, Sübidey Togan and Jürgen von Hagen (editors), Macroeconomic Policies for EU Accession. Cheltenham: Edward Elgar 2007

93. “Introduction” (With Erdam Basci and Sübidey Togan) in: Erdam Basci, Sübidey Togan and Jürgen von Hagen (editors), Macroeconomic Policies for EU Accession. Cheltenham: Edward Elgar 2007

92. “From the Stability and Growth Pact to a Sustainability Council for EMU”in: Helge Berger and Thomas Moutos (eds.), Designing the New European Union. Amsterdam: Elsevier 2007

91. “Achieving Economic Stabilization by Risk Sharing within Countries” in: Robin Boadway and Anwar A. Shah (eds.), Intergovernmental Fiscal Transfers: Principles and Practice. Washington DC: World Bank 2007

90. “Introduction: The future of economic regulation in broadcasting markets.” (With Paul Seabright). In: Jürgen von Hagen and Paul Seabright (eds.), The Economic Regulation of Broadcasting Markets. Cambridge: Cambridge University Press 2007

89. “Roads to Reform of German Federalism” (With Lars P. Feld) inRaoul Blindenbacher and Abigail Ostien Karos (eds.), Dialogues on the Practice of Fiscal Federalism: Comparative Perspectives. Booklet Series 4. Forum of Federations 2006.

88. “Budgeting Institutions and Public Spending” in: Anwar A. Shah (ed.), Fiscal Management. Public Sector Governance and Accountability Series, Washington DC: World Bank 2005

87. “Fiscal Policy Challenges for EU Acceding Countries.” In: Susan Schadler (ed.), Euro Adoption in Central and Eastern Europe: Opportunities and Challenges. Washington DC: IMF 2005

86. “Budgeting Institutions and Public Spending” “Fiscal Policy Challenges for EU Acceding Countries.” In: Fritz Breuss and Eduard Hochreiter (eds.), Challenges for Central Banks in an Enlarged EMU. Wien, New York: Springer 2005

85. “Macroeconomic Adjustment in the New EU Member States.” (With Iulia Traistaru) in: Carsten Detken, Vitor Gaspar, and Gilles Noblet (eds.), The New EU Member States - Convergence and Stability. Frankfurt:European Central Bank 2005

84. “Political Economy of Fiscal Institutions” Barry Weingast and Donald Wittman (eds.), Oxford Handbook of Political Economy. Oxford: Oxford University Press 2006

83. “Intervention sur Cycles economiques et politique monetaire par L. Papademos” Banque de France (ed.), Politique Monetaire, Cycle Economique, et Dynamique Financiere. Colloque International Mars 2003. Paris, 2004

82. “Empirical Links Between Twin Crises in the 1980s and 1990s: Were There Differences?” in: Michael Frenkel, Alexander Karmann and Bert Scholtens (eds.), Sovereign Risk and Financial Crises. Berlin: Springer

81. “Exchange rate policies on the last stretch” (with Jizhong Zhou) in: George Szapary and Jürgen von Hagen (eds.), Monetary Strategies for Joining the Euro. Cheltenham: Edward Elgar 2004

80. “De Facto Exchange Rate Regimes in Transition Economies: Identification and Determination” (with J. Zhou) in: Patrick Minford (ed.), Money Matters. Essays in Honour of Sir Alan Walters. Cheltenham:Edward Elgar 2004

79. “Fiscal Federalism and Political Decision Structure” in:Raoul Blindenbacher and Arnold Koller (eds.), Federalism in a Changing World – Learning From Each Other. Montreal: McGill-Queen’s University Press 2003

78. “Monetary Policy in Unknown Territory” (With Matthias Brückner), in: David E. Altig and Bruce D. Smith (eds.), Evolution and Procedures in Central Banking. Cambridge: Cambridge University Press 2003

77. “Discussion of ‘Monetary policy transmission in the euro area: Where do we stand?’” in: I. Angeloni, A. Kashyap, and Benoit Mojon (eds.), Monetary Policy Transmission in the Euro Area. Cambridge, Cambridge University Press 2003

76. “Swedish Local Governments: Is There a Bail-out Problem?” (With Mats Dahlberg) in: Per Molander (ed.), Fiscal Federalism in Unitary States. ZEI Studies in European Economics and Law. Boston: Kluwer 2004 Swedish translation: “Finns det ett bailoutproblem I Sverige?”in: Per Molander (ed.) Staten och kommunerna. Stockholm: SNS Förlaga 2003

75. “Fiscal Policies in the European Monetary Union” in: Jürgen B. Donges (ed.) The Financial System in the Europe of the Euro. Madrid: Fundacion Ico 2003

74. “Central and Eastern Europe: Economic Developments, Reforms, and Geography” (With Barry W. Ickes and Iulia Traistaru) in: Peter K. Cornelius (ed.), The Global Competitiveness Report 2002-2003. Oxford: Oxford University Press 2003

73. “EMU: Monetary Policy Issues and Challenges” in: Mark Baimbridge (ed.), Economic and Monetary Union in Europe. Camberley: Edward Elgar 2003

72. “Trade Relations Between the EU and North Africa” (With A. Farouk Ghoneim and Susanna Wolf), in: Peter K. Cornelius (ed.), The Arab World Competitiveness Report 2002-2003. Oxford: Oxford University Press 2003

71. “Experiences With Fiscal Rules and Norms in EMU” Ministerie van Financien (ed.), Budgetary Policy in E(M)U - design and challenges. The Hague 2002

70. “Fiskalischer Föderalismus im Euro-Raum” (With Susanne Mundschenk) in: Volker H. Schneider (ed.), Entgrenzte Märkte – grenzenlose Bürokratie? Frankfurt (Main): Campus 2002

69. “Les politiques budgetaires nationales en union monetaire” (With Etienne Farvaque) in:Etienne Farvaque and Gael Lagadec (eds.) Integration Economique Europeenne - Problemes et Analyses. Bruxelles: De Boeck Universite 2002

68. “Koordinierung der Wirtschaftspolitik im Euroraum” Friedrich Ebert Stiftung (Ed.), Wege aus der Schuldenfalle. Finanzpolitische Stabilität für Europa.Wirtschaftspolitische Diskurse 146, Bonn 2002

67. “Money and Inflation in the Euro Area” (With Bernd Hayo) in: Rolf Caesar and Hans-Eckart Scharrer (eds.): European Economic and Monetary Union: An Initial Assessment. Baden-Baden: Nomos 2002

66. “Budgeting Institutions and Public Spending” In: Anwar A. Shah (ed.), Ensuring Accountability When There is No Bottom Line. Washington D.C: World Bank 2002. Reprinted in: Anwar A. Shah (ed.), Fiscal Management. Washington D.C.: World Bank 2005

65. “European Union Enlargement: Economic Consequences and Perspectives for the EU” (With Jan Fidrmuc, Susanne Mundschenk, and Iulia Traistaru) in: Andrew M. Warner (ed.), The European Competitiveness and Transition Report 2001-2002. New York: Oxford University Press 2002

64. “Budgetary Institutions for Sustainable Public Finances”(With Andrew Hughes Hallett and Rolf Strauch) in: Marco Buti, Carlos Martinez Mongay and Jürgen von Hagen (eds.), The Behavior of Fiscal Authorities. London: Palgrave 2002

63. “Quality and Success of Budgetary Consolidations” (With Andrew Hughes Hallett and Rolf Strauch) in: Marco Buti, Carlos Martinez Mongay and Jürgen von Hagen (eds.), The Behavior of Fiscal Authorities. London: Palgrave 2002

62. “Monetary Policy in Unknown Territory - The ECB in its Early Years” (With Matthias Brückner). In: David E. Altig and Bruce D. Smith (eds.), Evolution and Procedures in Central Banking. Cambridge University Press 2003

61. “A Simple Empirical Analysis of the Exchange Rate Regime Choices in Transition Economies.” (With J. Zhou). In: Michael H. Stierle and Thomass Birringer (eds.), The Economics of Transition: Theories, Experiences, and EU Enlargement. Berlin: Verlag für Wissenschaft und Forschung 2001

60. “The Functioning of Economic Policy Coordination in Europe.” (With Susanne Mundschenk) in: A. Sapir und M. Buti (Hrg), EMU and Economic Policy in Europe: The Challenge of the Early Years.” London: Edward Elgar Publishing 2002

59. “Monetary Union and Fiscal Federalism” (with Kenneth Kletzer) in: Charles Wyplosz (ed.), The Impact of EMU on Europe and the Developing Countries. Oxford: Oxford University Press 2001

58. “Fiscal Policy in Transition” (with Holger Gleich), in:Sylvester Eijffinger, Kees Koedijk, and Stephen Yeo (eds.), Vivent les Differences? Heterogeneous Europe. London: CEPR 2001

57. “Geldtheorie, Geldpolitik und Finanzmärkte” (with Bernd Hayo and Ingo Fender), in: Klaus F. Zimmermann (ed.), Neue Entwicklungen in der Wirtschaftswissenschaft.Heidelberg: Physica 2000; English version “Monetary Theory, Monetary Policy, and Financial Markets” in: Klaus F. Zimmermann (ed.), Frontiers in Economics. Heidelberg: Springer Verlag 2002, Chinese version 2005

56. “Discussion of Capital Market Imperfections, Investment, and the Monetary Transmission Mechanism by R. Glenn Hubbard” in: Deutsche Bundesbank (ed.), Investing Today for the World of Tomorrow. Berlin, Heidelberg: Springer 2001

55. “Financial Fragility, or What Went Right and What Could Go Wrong in Central European Banking” (With Christian E. Weller) in: Ronald MacDonald and Rod Cross (eds.), Central Europe Towards Monetary Union: Macroeconomic Underpinnings and Financial Reputation. Boston, Dordrecht: Kluwer Academic Publishers 2001

54. “Macroeconomic Policy and Institutions During the Transition to EU Membership” (With William Branson and Jorge Braga de Macedo) in: Ronald MacDonald and Rod Cross (eds.), Central Europe Towards Monetary Union: Macroeconomic Underpinnings and Financial Reputation. Boston, Dordrecht: Kluwer Academic Publishers 2001 reprinted in: M. Landesmann and D. K. Rosati (eds.) Shaping the New Europe: Economic Policy Challenges of European Union Enlargement. Palgrave (forthcoming)

53. “East Germany: Transition With Unification. Experiments and Experiences” (with Rolf R. Strauch) Mario Blejer (ed.), Transition: The First Decade. Boston: MIT Press 2001

52. “What Monetary Regime for Accession Countries?” Sven Arndt, Heinz Handler, and Dominick Salvatore (eds.), Eastern Enlargement: The Sooner the Better? European Academy of Excellence: Vienna 2000

51. “Budgetkonsolidierungen: Qualität, ökonomische Bedingungen und Erfolg” (Mit Rolf R. Strauch). In: Reinhard Neck, Robert Holzmann und Friedrich Schneider (eds.), Staatsschulden am Ende? Wien: Manz 2000

50. “Fiscal Policy and Intranational Risk Sharing” Gregory D. Hess and Eric van Wincoop (eds.), Intranational Macroeconomics, Cambridge: Cambridge University Press 2000

49. “EMU: Political Economic Issues and Challenges” Günther Engel and Peter Rühmann (eds.), Geldpolitik und Europäische Währungsunion. Göttingen: Vandenhoeck und Ruprecht 2000

48. “Coordination of Economic Policies and Employment” A. Lamfalussy, L. D. Bernard, and A. Cabral (eds.), The Euro-Zone: A New Economic Entity? Brussels: Bruylant 1999

47. “A Fiscal Insurance for EMU?” Roel Beetsma and Cees Oudshoorn (eds.), Tools for Regional Stabilization. The Hague: Ministry of Economic Affairs 2000

46. “Makroökonomische Konsequenzen der Europäischen Wirtschafts- und Währungsunion.” Reinhard Neck and Robert Holzmann (eds.), Was wird aus Euroland?, Wien: Manz 1999

45. “The Composition of Central Bank Councils for Heterogeneous Monetary Unions” Jürgen von Hagen and Christopher J Waller (eds.), Regional Aspects of Monetary Policy in Europe. Boston: Kluwer 1999

44. “Policy Coordination in the EMU” Oesterreichische Nationalbank (ed.), Möglichkeiten und Grenzen der Geldpolitik. 27. Volkswirtschaftliche Tagung 1999. Wien 1999

43. “Tumbling Giant: Germany’s Experience With the Maastricht Criteria” (with Rolf R. Strauch) in: David Cobham and George Zis (eds.), From EMS to EMU. London: MacMillan Press 1999

42. “Electoral Institutions, Cabinet Negotiations, and Budget Deficits in the EU” (with Mark Hallerberg) in: Jim Poterba and Jürgen von Hagen (eds.), Fiscal Institutions and Fiscal Performance. University of Chicago Press 1999.

41. “La politica della Banca centrale in un sistema finanziario piu efficiente” Associazione Guido Carli (ed.), Idee per il futuro del sistema monetario internazionale. Rome: Aspen Institute Italia, 102-107, 1999

40. “European Experience with Fiscal Initiatives: Fiscal Institutions, Maastricht Guidelines, and EMU” in: Thomas J. Courchene and Thomas A. Wilson (eds.), Fiscal Targets and Economic Growth. Kingston: Queen’s University, 331-47, 1998

39. "Banking Regulation with Variable Geometry" (with Michele Fratianni) in: Barry Eichengreen and Jeffrey Frieden (eds.), Forging an Integrated Europe. Ann Arbor: Michigan University Press 1998, 159-84

38. "East Germany: The Economics of Kinship" in: Padma Desai (ed.), Going Global: Transition from Plan to Market in the World Economy, MIT Press 1998, 173-207

37. “Geldpolitik auf Neuen Wegen (1971-1978)” in: Deutsche Bundesbank (ed.), Fünfzig Jahre Deutsche Mark München: C.H. Beck 1998, 439-73 Russische Übersetzung 2004

36. "Electoral Institutions and the Budget Process" (with Mark Hallerberg) in: Kiichiro Fukasaku and Ricardo Hausmann (eds.), Democracy, Decentralization, and Deficits in Latin America. Paris: OECD Development Center 1998, 65-94

35. "Reciprocity and Political Business Cycles in Federal Monetary Unions" in: Sylvester Eijffinger and Harry Huizinga (eds.), Positive Political Economy. Cambridge: Cambridge University Press 1998, 29-46

34. “Comment on F. Ghironi and F. Giavazzi: Out in the Sunshine? Outsiders, Insiders, and the United States in 1998" in: Horst Siebert (ed.), Quo vadis Europe? Tübingen: Mohr 1997

33. “Coping with Asymmetric Shocks in EMU: The Insurance Approach” (with George W. Hammond) in: Otto G. Mayer and Hans-Eckart Scharrer (eds.), Schocks und Schockverarbeitung in der Europäischen Währungsunion. Baden-Baden: Nomos 1997

32. “Regional Insurance Against Asymmetric Shocks in EMU” (With George Hammond) in: J. O. Hairault, P.-Y. Hénin, and Franck Portier (eds.), Business Cycles and Macroeconomic Stability. Boston, Dordrecht: Kluwer 1997

31. “Institutionelle Aspekte der Osterweiterung der EU” in: Thomas König, Elmar Rieger und S. Schmidt (eds.) Mannheimer Jahrbuch für Europäische Sozialforschung II. Frankfurt: Campus 1997

30. “Währungsunion, Fiskalunion, Politische Union” Österreichische Nationalbank (ed.), Volkswirtschaftliche Tagung 1996. Wien: Österreichische Nationalbank, 122-143

29. “Solving Maastricht’s Fiscal Problems” (With Barry Eichengreen and Ian Harden) in: Richard Herr and Steven Weber (eds.), European Integration and American Federalism: A Comparative Perspective. Berkeley: University of California 1996

28. “Fiscal Restrictions and Monetary Union: Rationales, Repercussions, Reforms” (with Barry Eichengreen) in: Robert Holzmann (ed.), Maastricht: Monetary Constitution Without a Fiscal Constitution? Baden-Baden: Nomos 1996

27. “Fiscal Policy and Monetary Union: Federalism, Fiscal Restrictions, and the No-Bailout Rule” (with Barry Eichengreen). in: Horst Siebert (ed.), Monetary Policy in an Integrated World Economy. Tübingen: J.C.B. Mohr (Paul Siebeck) 1996

26. "National Debt Boards" (with Ian Harden) in: M. Adenas, L. Gomley, I.J. Harden and J. Norton (eds.), Institutional Aspects of EMU. Dordrecht: Kluwer Law International 1996

25. "Member States' Public Finances in the European Constitution" (with Ian Harden and Robert Brookes) in: M. Adenas, L. Gomley, I.J. Harden and J. Norton (eds.), Institutional Aspects of EMU. Dordrecht: Kluwer Law International 1996

24. "Comment on Searching for the Right Budgetary Institutions in Latin America" in: Ricardo Hausmann und Helmut Reisen (eds.), Securing Stability and Growth in Latin America. Paris: OECD 1996

23. "Die Europäische Verfassung und die Staatsfinanzen der Mitgliedsländer" (with Ian Harden) in: Thomals König, Elmar Rieger and S. Schmidt (eds.), Das Europäische Mehrebenensystem. Mannheimer Jahrbuch für Europäische Sozialforschung I, Frankfurt: Campus 1996

22. "Sequencing and the Size of the Budget" (with Roy Gardner) in: Werner Güth, Wulf Albers, Benny Moldovanu and Eric van Damme (eds.), Understanding Strategic Interaction. Essays in Honor of Reinhard Selten. Heidelberg: Springer 1996

21. "The European Constitutional Framework for the States' Finances" (with Ian J. Harden) in: David G. Mayes (ed.), The Evolution of Rules for a Single European Market. European Commission DG-XII, Luxembourg 1995

20. "Social Security and Migration in an Ageing Europe" (with Uwe Walz), in: Barry Eichengreen, Jeffrey Frieden and Jürgen von Hagen (eds.), Politics and Institutions in an Integrated Europe, Heidelberg, New York: Springer Verlag 1996

19. "Credible Roads to EMU" in: Mark Uzan (ed.), The Financial System under Stress. London, New York: Routledge 1996

18. "Internationale Wirtschaftsbeziehungen" (International Economics) in: Jürgen von Hagen, Axel Börsch-Supan und Paul J.J. Welfens (Hrg.), Springers Handbuch der Volkswirtschaftslehre Bd. 2, Heidelberg: Springer 1996

17. "Inflation and Monetary Targeting in Germany" in: Leonardo Leiderman und Lars Svensson (eds.), Inflation Targets. London: CEPR 1995, 107-121

16. "Industrial Localization. An Empirical Test for Marshallian Localization Economies" (with George W. Hammond) in: Center for Economic Policy Research (ed.), The Location of Economic Activity: New Theories and Evidence. London: CEPR 1994

15. "The Transition to European Monetary Union and the European Monetary Institute" (with Michele Fratianni) in: Barry Eichengreen und Jeffry Frieden (Hrg.), The Political Economy of European Monetary Unification. Boulder: WestView Press 1994

14. "The IMF and the World Bank at 50: Comments" in: Hans Genberg (ed.), The Future of the International Monetary System and its Institutions. Heidelberg: Springer Verlag 1995

13. "The Role of Budgeting Procedures for Improving the Fiscal Performance of the Member States of the EC"in: Aaron Wildavsky and Eduardo Zapico-Goni (eds.), National Budgeting for Economic and Monetary Union". Boston, London: Martinus Nijhoff

12. "Monetary Union and Monetary Policy: A Review of German Monetary Union" in: Pierre Syklos (ed.), Varieties of Monetary Reforms: Lessons and Experiences on the Road to Monetary Union. Deventer: Kluwer 1993

11. "Currency Union and Fiscal Union: A Perspective From Fiscal Federalism" in: Paul R. Masson and Mark P. Taylor (eds.) Policy Issues in the Operation of Currency Unions. Cambridge: Cambridge University Press 1993

10. "Herstatt Crisis" in: John Eatwell, Murray Milgate and Peter Newman (eds.), The New Palgrave Dictionary of Money and Finance 1992

9. "Policy Coordination in the EMS with Stochastic Asymmetries" (with Michele Fratianni) in: Clas Wihlborg and Thomas D. Willett (eds.), Financial Regulation and Monetary Arrangements after 1992 Amsterdam: Elsevier Science Publishers B.V. 1991

8. "German Monetary Policy" (with Manfred J. M. Neumann), in: Dominick Salvatore and Michele Fratianni (eds.), Monetary Policy in Industrialized Economies. Westport: Greenwood Press 1992

7. "Fiscal Arrangements in a Monetary Union - Some Evidence from the US" in: Don Fair and Christian de Boissieu (eds), Fiscal Policy, Taxes, and Increasingly Integrated Europe. Deventer: Kluwer 1992, 337-360

6. "Monetary Policy Coordination in the European Monetary System" in: Michele Fratianni and Dominick Salvatore (eds.), Monetary Policy in Industrialized Countries. Westport: Greenwood Press 1992

5. "Monetary and Fiscal Policy in a European Monetary Union - Some Public Choice Considerations" (with Michele Fratianni) in: Paul J.J. Welfens (ed.), European Monetary Integration: From German Dominance to an EC Central Bank?, Berlin and New York: Springer Verlag 1991

4. "Credibility and Asymmetries in the EMS" (with Michele Fratianni), in: Paul De Grauwe and Victor Argy (eds.) Choosing an Exchange Rate Regime: The Challenge for the Smaller Industrial Countries, Washington D.C.: International Monetary Fund, 1990

3. "Asymmetry and Realignments in the EMS" (with Michele Fratianni) in: Paul De Grauwe and Lukas Papademos (eds.) The European Monetary System in the 1990s. London and New York: Longman, 1990

2. "Theoretische und empirische Grundlagen von Geldmengenzielen" (The Theory and Empirical Foundations of Monetary Targets, with Manfred J. M. Neumann), A. Gutowski (ed.), Geldpolitische Regelbindung, Duncker und Humblodt, Berlin 1986

1. "Mindestreservesystem und kurzfristige Geldbasissteuerung" (Reserve Requirements and Short-Run Monetary Base Targeting) H. Göppl & R. Henn (eds), Geld, Banken und Versicherungen I, Karlsruhe, VVW Verlag 1985, 251 - 266

     
Book Reviews 12. Roland Leuschel and Claus Vogt, Das Greenspan Dossier, München: Finanzbuch Verlag 2004. Die Welt 12. Juni 2004

11. Ben S. Bernanke, Thomas Laubach, Frederic S. Mishkin, and Adam s. Posen, Inflation Targeting. Princeton: Princeton University Press 1999. Journal of Economic Literature 38, 2000, 429-30

10. Barry Eichengreen, Globalizing Capital: a History of the International Monetary System. Princeton: Princeton University Press 1997. Journal of Economics 67, 1998, 102-5

9. Gene Grossman (ed.), Imperfect Competition and International Trade, New York, London, MIT Press 1992. Journal of Economics 1994

8. Erdös, Peter, and Ferenc Molnar, Inflation and Recession in the U.S. Economy in the 1970s, Akademiai Kiado, Budapest 1990. Journal of Economics, 1992

7. Sauer, Christine, Alternative Theories of Output, Unemployment, and Inflation in Germany: 1960-1985, Springer (Lecture Notes in conomics and Mathematical Systems 326), Berlin, New York 1989. Journal of Institutional and Theoretical Economics 147, 1991, 752-755

6. Bryant, Ralph C., Gerald Holtham and Peter Hooper (eds.), External Deficits and the Dollar. Brookings Washington D.C. 1988, Journal of Economics 50, 1989

5. Bordo, Michael D. and Lars Jonung, The Long-Run Behavior of the Velocity of Circulation - The International Evidence. Cambridge University Press, Cambridge 1987 , Journal of Economics 49, 1989, 110 – 113

4. Owen, Dorian, Money, Wealth and Expenditure. Integrated Modeling of Consumption and Portfolio Behavior. Cambridge: Cambridge University Press 1986, Journal of Economics 48, 1988

3. Prachowny, Martin F. J., Money in the Macroeconomy. Cambridge University Press, Cambridge 1985, Journal of Economics 47, 1987, 105 – 108

2. Janes, Gerhard, Monetäre Verflechtung, Finanzintermediation und Kreditangebot. Anton Hain, Königstein 1984, Kredit und Kapital 20, 1987, 273 – 275

1. Dermine, Jean, Pricing Policies of Financial Intermediaries. Springer Verlag, Berlin 1984, Kredit und Kapital 18, 1985

     
Working Paper 11. “European Perspectives on Global Imbalances.” (With Alan Ahearne). Bruegel WP 2006_01

10. "Reforming Budgetary Institutions in Latin America: The Case for a National Fiscal Council" (with Ricardo Hausman and Barry Eichengreen), Washington DC: Interamerican Development Bank March 1996

9. "Budget Processes and Commitment to Fiscal Discipline" (with Ian Harden), IMF Working Paper 96, August 1996

8. "An Empirical Test for Marshallian Localization Economies" (with George Hammond) November 1993

7. "Monetary and Fiscal Issues and Policy Alternatives" (with Michele Fratianni and Lawrence S. Davidson) International Baltic Economic Commission Working Paper No. 14, Hudson Institute and Indiana University School of Business, September 1991

6. "Currency Substitution and the Demand for Money - Further International Evidence" (with Manfred J. M. Neumann), University of Bonn and SFB 303 Bonn, May 1990

5. "Policy Coordination in the EMS with Stochastic and Structural Asymmetries" (with Michele Fratianni), Indiana University, March 1990

4. "Is the EMS a Shock Absorber or a Disinflationary Device?" (with Michele Fratianni), Indiana University, August 1989

3. "Comments on Michael Parkin's 'The Great Depression - A Real Explanation'" Federal Reserve Bank of St. Louis, April 1989

2. "Monetary Control with an Uncertain Monetary Target" Federal Reserve Bank of St. Louis, 1987

1. "Relative Price Risk in an Open Economy: The Case of Fixed Exchange Rates" (with Manfred J. M. Neumann), Federal Reserve Bank of St. Louis Working Paper 87/001, 1987, Revised, August 1988