Publications and Working Papers
* "Optimal Banking Sector Recapitalization", with Shiva Sikdar; October 2008; PDF file.
 
* "Sustainable Fiscal Policy with Rising Public Debt-to-GDP Ratios", September 2008, (under review). PDF file.
 
* "Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico", with Enrique Mendoza, November 2007 (forthcoming Economķa Mexicana, Econmex); PDF file. An earlier version of the paper circulated as NBER Working Paper No. 10637 .
 
*  "International Business Cycles with Multiple-Input Investment Technologies", with Rajesh Singh; January 2008 (under review); PDF file; appendices.
 
 
* "The Macroeconomics of Financially Intermediated Small Open Economies", with Franz Hamann; Abstract
 
* "Closing Nonlinear Small Open Economy Models";
 
* "The World Interest Rate, Business Cycles, and Financial Intermediation in Small Open Economies", September 2005. PDF file (under revision for Journal of Monetary Economics)
 
* "A Toolbox for the Study of Linear Difference Rational Expectations Models". Economica, vol. LI, No. 1-2; 2005. Working Paper version available here.
        Matlab files: a) Brock and Mirman (1972); b) King, Plosser, and Rebelo (1988); c) Mendoza (1991).



* "Fiscal Policy  and Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer", with Erique G. Mendoza; November 2006. PDF file  NBER Working Paper # 12586.

* "Macroeconomic Risk and Banking Crises in Emerging Market Countries: Business Cycles with Financial Crashes" (first draft: this draft: December 2003. PDF file