Professor of Economics, Queens College, and The Graduate Center, CUNY
B.A., magna cum laude, Harvard University, 1965
The Graduate Center, City University of New York
365 5th Avenue
New York, New York 10016-4309
Telephone: 718 997 5276
Fax: 212 817 1514
Research InterestsMonetary and macroeconomic theory; Monetary policy rules; Role of seigniorage in government finance; Capital flows and exchange rates.
"The Money Market in China," Chapter 3 in China's Financial Markets: an Insider's Guide to How the Markets Work, eds. Neftci and Xu. ( New York: Elsevier), 2007, pp. 87-106.
"Inflation Shoe Leather Costs and Average Inflation Rates across Countries," with Turan Bali (Baruch College), Journal of International Money and Finance Volume 25, Issue 7, November 2006, pp. 1103-1129.
"Public Debt, the Unit Root Hypothesis and Structural Breaks: A Multi-Country Analysis," with Merih Uctum (Brooklyn College and The Graduate Center), and Remzi Uctum (C.N.R.S. and Université de Paris X Nanterre), Economica (February 2006) 73, pp. 129-156.
"On the Efficiency of Monetary Policy Rules with Flexible Prices and Rational Expectations," with Turan Bali (Baruch College and The Graduate Center), Journal of Economics and Business, November-December 2002, pp. 615-631.
QC Economics Faculty page QC Economics Home page