The Optimal Inflation Target in an Economy with Limited Enforcement (with Costas Azariadis and James Bullard), November 2007.
Commitment, Banks and Markets (with Suraj Prasad), Journal of Monetary Economics, forthcoming. (Working paper available here.)
Banks and Markets in a Monetary Economy (with Enrique Kawamura), Journal of Monetary Economics, forthcoming. (Working paper available here.)
Monetary Policy as Equilibrium Selection (with Costas Azariadis and James Bullard), Federal Reserve Bank of St. Louis Review, 89(4), July/August 2007, 331-342.
Dollarization, Financial Intermediation and Real Activity: The Inflation Threshold (with Claudia Landeo and Maxim Nikitin), Canadian Journal of Economics, 40(2), May 2007, 628-649.
Inflation and Establishment Turnover (with David Kaplan), Eastern Economic Journal, 33(3), Summer 2007, 317-341.
Discount Window Policy, Banking Crises, and Indeterminacy of Equilibrium (with Todd Keister), Macroeconomic Dynamics, 10, 2006, 1-19.
Domestic Financial Market Frictions, Unrestricted International Capital Flows, and Crises in Small Open Economies (with Elisabeth Huybens), Economic Theory, 24, 2004, 811-837. (Working paper available here.)
In Memory of Bruce Smith, Macroeconomic Dynamics, 7, 2003, 1-2.
Dollarization as a Monetary Arrangement for Emerging Market Economies (with Todd Keister), Federal Reserve Bank of St. Louis Review, November/December 2001.
Monetary Stability and Liquidity Crises: The Role of the Lender of Last Resort (with Elisabeth Huybens and Todd Keister), Journal of Economic Theory, 99(1-2), 187-219, 2001.
Growth Dynamics and Returns to Scale: Bifurcation Analysis (with Todd Keister and Karl Shell), Journal of Economic Theory, 96, 70-96, 2001.
Liquidity Crises and Discount Window Lending: Theory and Implications for the Dollarization Debate (with Todd Keister), Centro de Investigación Económica Discussion Paper 00-02, ITAM, September 2000.
Capital Accumulation and Real Exchange Rate Behavior in a Small Open Economy with Credit Market Frictions (with Elisabeth Huybens), Economic Theory, 12, 461-488, 1998.
Options and Sunspots in a Simple Monetary Economy (with Todd Keister), Economic Theory, 11, 295-315, 1998.