Assessing the Appropriate Size of Relief in Sovereign Debt Restructuring (with Domenico Lombardi), Columbia Business School Research Paper No. 18-9. [revised and resubmitted] – [SLIDES]
Real Exchange Rate Policies for Economic Development (joint with José Antonio Ocampo and Joseph E. Stiglitz), NBER Working Paper No. 23868 (October, 2017) [conditionally accepted]
An analysis of Puerto Rico’s debt relief needs to restore debt sustainability, in Espacios Abiertos; January 16, 2018 (with Pablo Gluzmann and Joseph E. Stiglitz) [submitted]
Understanding the Relationship between Output Growth Expectations and Financial Crises, Columbia University Initiative Policy Dialogue Working Paper No. 287 (2014).
Work in Progress
Pseudo-wealth Fluctuations and Aggregate Demand Effects (joint with Joseph E. Stiglitz) – [email me for a draft]
Monetary Policy and Capital Controls: Coordination in a World with Spillovers (joint with Juan Montecino and Joseph E. Stiglitz) [email me for a draft]
Assessing the Robustness of the Relationship between Financial Reforms and Banking Crises (joint with Pablo Gluzmann), Journal of International Financial Markets, Institutions, and Money; Volume 49, op.32-47, July 2017.
An Analysis of Argentina’s 2001 Default Resolution; Centre for International Governance Innovation Paper No. 110, October 2016.
The IMF Debt Sustainability Analysis: Issues and Problems (with Daniel Heymann); Journal of Globalization and Development, Volume 6, Issue 2, pp.387-404, January 2016.
Creating a Framework for Sovereign Debt Restructuring that Works (with Joseph E. Stiglitz), In Too Little, Too Late: The Quest for Resolving Sovereign Debt Crises. Chapter 1; Columbia University Press, New York, 2016.
Learning, Expectations, and the Financial Instability Hypothesis (with Peter Howitt), In Contemporary Issues in Macroeconomics: Lessons from the Crises and Beyond, Chapter 6. Palgrave, 2015
Reestructuración de deuda soberana en una arquitectura financiera-legal con huecos — Revista Jurídica UPR pp. 611-627 (2016)
Tensiones en la ejecución de políticas de los bancos centrales en la búsqueda del desarrollo económico — Paper awarded the Raúl Prebisch Prize by Central Bank of Argentina — Ensayos Económicos, Volume 1, Issue 65-66 (September), pp. 173-205 (2012)