Montesquieu may be wrong…
NEW WORKING PAPER: We assess the impact of China’s bilateral political relations with three main trading partners—the US, Germany, and the UK—on current account balances and exchange rates,…
NEW WORKING PAPER: We assess the impact of China’s bilateral political relations with three main trading partners—the US, Germany, and the UK—on current account balances and exchange rates,…
I have the great pleasure and honor of having 3 of my recent works included in the program of the 71st Congress of the French Economic Association (AFSE).…
A good way to visualize the effects of the international monetary system during the Bretton Wood era is to plot exchange rates over a long run period for…
NEW PUBLICATION: This paper was written last year with my friend Sy-Hoa Ho. We met ten years ago in the University of Paris North during the preparation of…
The demand for money is likely to depend upon the exchange rate in addition to the interest rate and the level of income; this would slightly reduce the…
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