Liberalized Portfolio Capital Inflows in Emerging Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence

Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors

1993 • 1,356 citations

Money, interest, and banking in economic development

1988 • 1,051 citations

Forward Discount Bias: Is it an Exchange Risk Premium?

1989 • 756 citations

International Capital Flows and Portfolio Equilibrium

1974 • 326 citations

THE CAPITAL INFLOWS PROBLEM: CONCEPTS AND ISSUES

1994 • 259 citations

Exchange Rate Expectations and the Risk Premium: Tests For A Cross Section of 17 Currencies*

1993 • 90 citations

The Balance of Payments Offset to Monetary Policy: Monetarist, Portfolio Balance, and Keynesian Estimates for Mexico and Venezuela

1986 • 47 citations

Capital flows and monetary policy in East Asia

1994 • 36 citations

Coping with Too Much of a Good Thing: Policy Responses for Large Capital Inflows in Developing Countries

1999 • 30 citations

External disturbances and the independence of monetary policy under the crawling peg in Colombia

1985 • 23 citations

Interest rates in Latin America

1994 • 8 citations