Money market integration

Banks' reserve management, transaction costs, and the timing of Federal Reserve intervention

Day-to-day monetary policy and the volatility of the federal funds interest rate

Soft exchange rate bands and speculative attacks

Excess volatility and the asset-pricing exchange rate model with unobservable fundamentals

Soft Exchange Rate Bands and Speculative Attacks

Government Ponzi Games and Debt Dynamics under Uncertainty

Market Valuation of Illiquid Debt and Implications for Conflicts among Creditors