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“Risky Bank Lending and Countercyclical Capital Buffers” (with J. Benes), Journal of Economic Dynamics and Control, 58, September 2015, 58-80.
“Inequality, Leverage and Crises” (with R. Ranciere), American Economic Review, 105(3), March 2015, 1217-1245.
Oil and the World Economy: Some Possible Futures (with D. Muir), Philosophical Transactions of the Royal Society A, 2014, 372: 20120327
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On the Theory of Sterilized Foreign Exchange Intervention, Journal of Economic Dynamics and Control, 34, April 2010, 1403-1420.
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Government Debt: A Key Role in Financial Intermediation (with E. Tanner), in C. Reinhart, C. Végh and A. Velasco (ed.), Money, Crises and Transition, Essays in Honor of Guillermo A. Calvo, 2008.
Exchange Rate Regimes, International Linkages, and the Macroeconomic Performance of the New Member States (with T. Bayoumi, D. Laxton and K. Naknoi), in C. Detken, V. Gaspar and G. Noblet (eds.), The New EU Member States: Convergence and Stability, European Central Bank, 2005.
Does the Exchange Rate Belong in Monetary Policy Rules? New Answers from a DSGE Model with Endogenous Tradability and Trade Frictions (with D. Laxton and K. Naknoi), in: Proceedings from the ECB Conference on Globalization and the Macroeconomy, European Central Bank, 2009.
CBDC Policies in Open Economics (with Marco Pinchettei, Phurichai Rungcharoenkitkul and Andrej Sokol), BIS Working Paper, No. 1086, April 2023.
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Income Inequality and Current Account Imbalances, January 2015.
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