Real interest rate differentials and the real exchange rate: Evidence from four African countries

A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’

1981 • 2,374 citations

How Big Is the Random Walk in GNP?

1988 • 1,326 citations

Alternative explanations of the money-income correlation

1986 • 1,197 citations

A Traditional Interpretation of Macroeconomic Fluctuations

1989 • 393 citations

The real exchange rate and macroeconomic performance in Sub-Saharan Africa

1993 • 359 citations

COMPARISON OF CRITERIA FOR ESTIMATING THE ORDER OF A VECTOR AUTOREGRESSIVE PROCESS

1985 • 307 citations

Real exchange rates and real interest differentials

1994 • 287 citations

Latin American Debt: I Don't Think We are in Kansas Anymore

1984 • 279 citations

The Balassa‐Samuelson Model: A General‐Equilibrium Appraisal*

1994 • 224 citations

Sub-Saharan Africa: Growth, Savings, and Investment, 1986-93

1995 • 214 citations

COMMODITY EXPORT BOOMS IN DEVELOPING COUNTRIES

1989 • 95 citations

High Real Interest Rates Under Financial Liberalization: Is there a Problem?

1993 • 88 citations

Financial policies and economic growth : theory, evidence, and country-specific experience from sub-Saharan Africa

1995 • 87 citations

Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries

1991 • 74 citations

The Beveridge-Nelson decomposition of economic time series

1987 • 59 citations

The Beveridge-Nelson decomposition of economic time series

1988 • 50 citations

Capital flows and long-term equilibrium real exchange rates in Chile

1994 • 45 citations

Capital flows and monetary policy in East Asia

1994 • 36 citations

Capital flows and long-term equilibrium real exchange rates in Chile

1997 • 33 citations

Real Exchange Rate Targets, Nominal Exchange Rate Policies, and Inflation

2010 • 20 citations

Targeting the real exchange rate: Theory and evidence

1994 • 10 citations