My Ideas / RePec page.

Sailing through this Storm? Capital Flows in Asia during the Crisis (2011)
HKIMR Working Paper 20/2011

Self-Fullfilling Risk Panics (2010)
with Philippe Bacchetta and Eric van Wincoop. CEPR Discussion Paper 7920NBER Working Paper 16159FinRisk Working Paper 619; GIIDS Working Paper 17/2010; HKIMR Working Paper 28/2010Detailed technical appendix. Related Vox column.

Micro, Macro, and Strategic Forces in International Trade Invoicing
(2009)
with Linda Goldberg. CEPR Discussion Paper 7534NBER Working Paper 15470; Federal Reserve Bank of New York Working Paper 405; FinRisk Working Paper 589; HKIMR Working Paper 8/2010Detailed technical appendix. Related Vox column.

International Capital Flows under Dispersed Information: Theory and Evidence (2008)
with Eric van Wincoop. CEPR Discussion Paper 6989NBER Working Paper 14390FinRisk Working Paper 502Detailed technical appendix.
 
Why Are Switzerland’s Foreign Assets so Low? The Growing Financial Exposure of a Small Open Economy (2007)

How valuable is exchange rate flexibility? Optimal monetary policy under sectoral shocks (2002)
Federal Reserve Bank of New York Staff Report 147.
 
'Beggar-thy-neighbor' or 'beggar-thyself'? The income effect of exchange rate fluctuations (2000)
Federal Reserve Bank of New York Staff Report 112.
 
The leveraged U.S. external position: patterns, rewards, and risk, mimeo.