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Journal Article
France sliding into recession as new government takes power

Economics Update , Issue Apr , Pages 5-7

Journal Article
France will be ready for EMU, says French ambassador

Economics Update , Issue Apr , Pages 2-3

Journal Article
The U.S. trade deficit: a perspective from selected bilateral trade models

New England Economic Review , Issue May , Pages 19-31

Journal Article
Distributional issues in privatization

Quarterly Review , Volume 14 , Issue Sum , Pages 29-43

Journal Article
The effectiveness of tax amnesty programs in selected countries

Quarterly Review , Volume 14 , Issue Aut , Pages 48-53

Journal Article
The sources of the growth slowdown

FRBSF Economic Letter

Working Paper
Government equity and money: John Law’s system in 1720 France

John Law?s System was a radical restructuring of French public finances, carried out from 1716 to 1720. It involved on the one hand a conversion of the existing French public debt into something like government equity, on the other hand the replacement of commodity money with fiat money. For strategic reasons, Law supported the equity at too high a level, resulting in uncontrolled money creation. The System ended with the recreation of a public debt at, surprisingly, the same level as before.
Working Paper Series , Paper WP-03-31

Journal Article
Reflections on the international monetary crisis

Review , Volume 50 , Issue Dec , Pages 20-21


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