Proposals for Product Price Targeting & Peg the Export Price (PEP)
"Product Price Targeting -- A New Improved Way of Inflation Targeting," in MAS Monetary Review, pp.2-5. And Macroeconomic Review, Economic Policy Group, Vol.XI, issue 1, April 2012 (Monetary Authority of Singapore), 78-81.
Comparison of Monetary Anchor Options, Including Product Price Targeting, for
Commodity-Exporters in Latin America,"
(journal of LACEA, Brookings):
NBER WP 16362,
“A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean,” workshop on Myths and Realities of Commodity Dependence: Policy Challenges and Opportunities for Latin America and the Caribbean, World Bank, Sept.18, 2009. Slides. Box in Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts (World Bank, 2010).
"UAE & Other Gulf Countries Urged to Switch Currency Peg from the Dollar to a Basket That Includes Oil," Vox, 9 July, 2008.
“Peg the Export Price Index: A Proposed Monetary Regime for Small Countries,” in Journal of Policy Modeling, June 2005. RWP03-003, Harvard Kennedy School.
A Proposal to Tie Iraq’s Currency to Oil published as "A Crude Peg for the Iraqi Dinar," Financial Times, June 13, 2003.
Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price
(‘PEP’)," Yale, Apr. 2003 (w
Appendix.) International Finance (Blackwill Publishers), vol. ,
no.1, Spring 2003, 61-88.
"A Proposal to Anchor Monetary Policy by the Price of the Export Commodity," with Ayako Saiki, in Journal of Economic Integration, September 2002, Vol.17, No.3, 417-448.
Gold-Exporters Peg Their Currencies to Gold?",
Research Study No. 29 for the World Gold Council,
London, November, 2002.
Tables and Charts