Articles by Jeffrey Frankel Published in Overseas Journals     

NEW  "Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone," with Jesse Schreger, 2013,  in  Review of World Economy (Weltwirtschaftliches Archiv) 149, no.2, pp.247-272.  Online appendix.  NBER WP 18283.   Data on EU countries' official forecasts in Stata or csv; description.     Data set in Stata & Excel (with "Read me")  

"Internationalization of the RMB and Historical Precedents," published in Journal of Economic Integration, 2012, vol.27, no.3, pp. 329-365.

 "Slow Passthrough Around the World: A New Import for Developing Countries?" with David Parsley and Shang-Jin Wei, published in Open Economies Review,  vol.23, no.2 , April 2012, pp.213-251 (Springer  doi: 10.1007/s11079-011-9210-8).    

"Over-optimism in Forecasts by Official Budget Agencies and Its Implications," in  Oxford Review of Economic Policy  Vol. 27, Issue 4, 2011, 536-562.  NBER WP 17239.   Data on official forecasts among EU countries in Stata or csv; description. 
 
“A Solution to Fiscal Procyclicality:  The Structural Budget Institutions Pioneered by Chile,” Journal Economía Chilena (The Chilean Economy), 2011, Central Bank of Chile, vol.14, no.2, August, pp.39-78.   Central Bank of Chile  WP 604, Jan.2011.

"Are Bilateral Remittances Countercyclical?,"   Open Economies Review vol.22, No.1, Feb.2011, pages 1-16.    NBER WP 15419, Oct.2009.    Bilateral remittance data: Lueth, C.America.               

“New Estimation of China’s Exchange Rate Regime,” Pacific Economic Review, 14, no. 3 (Wiley InterScience, Blackwell Publ.), Aug. 2009, pp.346-360.  Proofs, June 2009. 

“Why the Euro Will Rival the Dollar,” with Menzie Chinn.   Serbian translation, Panoeconomicus, no.3, 255-78, 2008.  

"Fiscal and Monetary Policy in a Commodity Based Economy," with B.Smit & F.Sturzenegger,  Economics of Transition  16, Issue 4, pp. 679-713, October 2008 (Blackwell).

"South Africa: Macroeconomic Challenges after a Decade of Success,"  with B.Smit & F.Sturzenegger,  Economics of Transition 16, Issue 4, pages 639-677, Oct.2008 (Blackwell).  KSG RWP07-021. Jan.2008 .

"On the Rand: Determinants of the South African Exchange Rate,"  South African Journal of Economics, 75, no. 3, September 2007, 425-441.      

"Assessing China's Exchange Rate Regime," with Shang-Jin Wei,  Economic Policy, no. 51, July 2007, pp.575-614.   Working paper versions contain more extensive tables: CEPR DP No. 6264 and NBER WP 13100.    Zipped programs & datasets.

"A Proposal to Anchor Monetary Policy by the Price of the Export Commodity," with Ayako Saiki, Journal of Economic Integration, Sept. 2002, Vol.17, No.3, 417-448. 

"Country Funds and Asymmetric Information,"  with Sergio Schmukler, in International Journal of Economics and Finance, vol.5, July 2000, 177-195.   World Bank Policy Research Working Paper 1886.

"The Endogeneity of the Optimum Currency Area Criterion," with Andy Rose, in  The Economic Journal, vol. 108, no. 449, July 1998, 1009-1025.  NBER WP No. 5700.   Reprinted in Swedish Economic Policy Review 4, 1997, 487-512.  Reprinted also in The Political Economy of Monetary Union, edited by P. DeGrauwe, International Library of Critical Writings in Economics (Edward Elgar, Cheltenham, UK, and Northampton, MA), 2001. 

"Is EMU More Justifable Ex Post than Ex Ante?" with Andy Rose,  European Economic Review,  vol.41, 1997, pp. 753-761. First published (in Swedish) as "The Endogeneity of the Optimum Currency Area Criterion: An Application to Sweden's Decision on EMU," Background report to the Swedish Government Commission on EMU (Statens Offentliga Utredningar: Stockholm) 1996:158, Finance Department, 1997.   Condensed from "Economic Structure and the Decision to Adopt a Common Currency," CIDER WP No.C96-073, and IIES Seminar Paper No.611, Stockholm. 

"Sterilization of Money Inflows: Difficult (Calvo) or Easy (Reisen)?", Cartagena, Colombia, 1993; IMF Working Paper No. 94/159.  English version in Estudios de Economia (Universidad de Chile: Santiago) vol.24, no.2, December 1997, 263-285.
Spanish version in Afluencia de Capitales y Establizacion en America Latina, edited by Roberto Steiner, Fedesarrollo, Bogota, 1994: 241-267.

"Liberalized Portfolio Capital Inflows in Emerging Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence," with Chudozie Okongwu, International Journal of Finance and Economics 1, no.1, Jan. 1996, 1-23.

"Financial Barriers in the Pacific Basin: 1982-1992," with Menzie Chinn, Journal of Economic Integration 9, no. 1, March 1994, 62-80.

"Chartists, Fundamentalists, and the Demand for Dollars," with Ken Froot, in Greek Economic Review, 10, no. 1 (June 1988), 49-102. Draws on a paper in Economic Record, 1986.
Also appears in Spanish translation in Cuadernos Economics de ICE, no.38 (Madrid).   

"The Desirability of Currency Appreciation Given a Contractionary Monetary Policy and Concave Supply Relationships," Journal of International Economic Integration 3, no.1, Spring 1988, 32-52. NBER WP No.1110.

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