Shocks versus Structure: Explaining Differences in Exchange Rate Pass-Through Across Countries and Time (2017) with Ida Hjortsoe and Tsvetelina Nenova. Bank of England External MPC Unit Discussion Paper No. 50.
The Shocks Matter: Improving Our Estimates of Exchange Rate Pass-Through (2015) with Ida Hjortsoe and Tsvetelina Nenova. Bank of England External MPC Unit Discussion Paper No. 43. Also available as: MIT-Sloan Working Paper #5149-15.
Royal Economic Society non-technical highlights: Current Account Deficits: Knowing When to Act
Bubble Thy Neighbor: Direct and Spillover Effects of Capital Controls (2016) with Marcel Fratzscher, Thomas Kostka and Roland Straub. Journal of International Economics 99 (March), pgs. 85-104. Earlier versions available as MIT-Sloan Research Paper #4962-12 and NBER Working Paper #18052.
Capital Flow Management Measures: What are They Good For? (2015) with Marcel Fratzscher, Thomas Kostka, and Roland Straub. Journal of International Economics 96 (1, July), pgs. S76-S97. Older version available as: MIT-Sloan Working Paper 5061-13 and NBER Working Paper #20860
Pick Your Poison: The Choices and Consequences of Policy Responses to Crises (2015) with Michael Klein. IMF Economic Review 63(April), pgs.197-237. Older version available as: MIT-Sloan Working Paper 5062-13 and NBER Working Paper #20987.
Capital Flow Volatility and Contagion: A Focus on Asia (2014), in Bruno Carrasco, Subir Gokarn, and Hiranya Mukhopadhyay, eds., Managing Capital Flows: Issues in Selected Emerging Market Economics, Oxford University Press: New Delhi, pgs.3-31. Older version available as: MIT-Sloan Working Paper 4979-12
Debt- and Equity-Led Capital Flow Episodes (2014) with Francis Warnock. In Miguel Fuentes and Carmen M. Reinhart, eds. Capital Mobility and Monetary Policy. Santiago: Central Bank of Chile.
Older version available as: NBER Working Paper #18329.
Factor Model Dataset (zipped stata)
Bilateral Linkage Model Dataset (zipped stata)