The Budget Deficit and the Dollar

Are Government Bonds Net Wealth?

1974 • 6,026 citations

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials

1979 • 985 citations

Do Large Deficits Produce High Interest Rates

2016 • 420 citations

Government financing decisions and asset returns

1982 • 278 citations

Floating Exchange Rates: Experience and Prospects

1985 • 253 citations

Perspectives on High World Real Interest Rates

1984 • 172 citations

Is the dollar high because of large budget deficits?

1986 • 125 citations

A Test of Perfect Substitutability in the Foreign Exchange Market

1982 • 93 citations

Inflation, Tax Rules, and the Long-Term Interest Rate

1978 • 85 citations

Causes of appreciation and volatility of the dollar

1985 • 34 citations

International repercussions of the U.S. budget deficit

1984 • 12 citations

Was it Real? The Exchange Rate-Interest Differential Relation, 1973-1984

1985 • 11 citations