Working Papers
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(with Eiji Ogawa) "Perils of Taylor Rule in a Currency Union with Sovereign Risk," in progress.
"Optimal Monetary Policy and Nominal Exchange Rate Volatility under Local Currency Pricing,"
EUSI Working Paper Series
,
No. E-2010-03
, Nov., 2010. (
Latest Version
and
Technical Appendix
).
"How Important is the Fiscal Policy Cooperation in a Currency Union?"
EUSI Working Paper Series
,
No. E-2010-02
, Jun., 2010. (
Another Version
and
Technical Appendix
).