China

• A Phillips curve for China. With David Vines, CEPR Discussion Paper No 4957, Centre for Applied Macroeconomic Analysis Working Paper No 2/2005, 2005. [Download CEPR] [Download CAMA] See the Hong Kong Institute for Monetary Research Seminar Paper version for estimations with quarterly differences of the price level. [Download HKIMR]

• The Chinese output gap during the reform period 1978-2002. Department of Economics Discussion Paper No. 179, University of Oxford, 2003. [Download]

East Asia

• Middle way exchange rate regimes - the case of Singapore. MPhil thesis, University of Oxford, 2002. [Download]

Latin America

• An assessment of the case for monetary union or official dollarization in Argentina, Brazil, Chile, Uruguay and Venezuela.  With Paul Hallwood and Ian W. Marsh, 2004. [Download]

• Economic shocks and choice of currency area: the case of Argentina, 1992-2001.  With Paul Hallwood and Ian W. Marsh, in: Sinclair,  Driver, and  Thoenissen (eds), Exchange rates and capital flows, Routledge, 2004.

• Official dollarization in Latin America: could it work? With Paul Hallwood and Ian W. Marsh, 2001. [Download]

International Capital Markets

• IMF lending and creditor moral hazard.  With Andrew G. Haldane, Bank of England Working Paper No. 216, 2004. [Download]

Exchange Rate Economics

• The 5000 word introduction to exchange rate economics. [Download]