Publications:

"The Impact of Central Bank Independence on Political Monetary Cycles in Advanced and Developing Nations," with Sami Alpanda. Journal of Money, Credit, and Banking, 41:7, 1365-1389, 2009.

“Dollarization, Exchange Rate Regimes and Government Quality," Journal of International Money and Finance 28:2, 198-214, 2009. http://dx.doi.org/10.1016/j.jimonfin.2008.11.004

“Addressing Causality in the Effect of Capital Account Liberalization on Growth” Journal of Macroeconomics 30:4, 1602-1616, 2008. http://dx.doi.org/10.1016/j.jmacro.2008.03.003

“Do Improvements in Government Quality Necessarily Reduce the Incidence of Costly Sudden Stops?” Journal of Banking and Finance 32:3, 360-373, 2008. doi:10.1016/j.jbankfin.2007.04.030

“A Model of Liability Dollarization and Myopic Governments,” International Economic Journal, Volume 20, No. 3, 343–355, September 2006. doi:10.1080/10168730600879414

“Is There a Link Between Dollarization and Banking Crises?” Journal of International Development, Volume 18, 2006. doi: 10.1002/jid.1285

“Micro-Level Evidence on the Role of Moral Hazard in the Asian Financial Crisis” Applied Econometrics and International Development, Volume 6, Issue 1, January-June 2006. (Joint with Sonali Jain-Chandra , IMF)

“The Exchange Rate Regime, Government Quality and External Liability Dollarization,” Journal of World Economic Review, Volume1, Issue 1, January-June 2006.

“Fear of Floating and Domestic Liability Dollarization," Emerging Markets Review, Volume 6, Issue 3, September 2005, Pages 289-307. doi:10.1016/j.ememar.2005.06.001

Working Papers:

“Political Monetary Cycles and a de facto Ranking of Central Bank Independence,” with Sami Alpanda.

“Bankruptcy Costs, Liability Dollarization, and Vulnerability to Sudden Stops,” with Uluc Aysun.

"Financial Frictions and Monetary Transmission," with Uluc Aysun and Ryan Brady.

Works in Progress:

“The Winner’s Curse: Prudential Supervision, Sudden Stops, and Optimal Capital Account Liberalization”