Publications by Kenneth Rogoff
Last Updated: June 17, 2005
of International Macroeconomics (with Maurice Obstfeld).
Cambridge, MA.: MIT Press, September 1996, 832 pp
for Foundations of International Macroeconomics (by Maurice
Obstfeld, Kenneth Rogoff and Gita Gopinath). Cambridge, MA.: MIT Press,
February 1998, 129 pp.
Handbook of International Economics, vol. 3, (Gene Grossman
and Kenneth Rogoff, editors). Amsterdam: Elsevier Science Publishers
International Debt, Bargaining and Design of International Financial
"Debt Intolerance," (with Carmen M. Reinhart and Miguel A. Savastano), in William Brainard and George Perry (eds.), Brookings Papers on Economic Activity 1: 2003, 1-74.
for Reducing Global Financial Instability," Journal
of Economic Perspectives 13, Fall 1999, 21-42. Also NBER
Working paper 7265, July 1999.
Creditor Seniority and Burden Sharing in the Former Soviet Bloc,"
(by Jeremy Bulow, Kenneth Rogoff and Afonso Bevilaqua, Brookings
Papers in Macroeconomic Activity 1: 1992, 195-222.
"Dealing with Developing Country Debt in the 1990s," The
World Economy 15, July 1992, 475-86.
Debt Repurchases: No Cure for Overhang" (with Jeremy Bulow),
Quarterly Journal of Economics 106, November 1991, 1219-35.
Lending and Endogenous Domestic Capital Market Inefficiencies,"
(with Mark Gertler), Journal of Monetary Economics 26, October
and International Policy Cooperation," American Economic
Review 80, May 1990, 139-142.
Up Third-World Debt Without Getting Taken To the Cleaners,"
(with Jeremy Bulow), Journal of Economic Perspectives 4 (Winter
to Symposium on New Institutions for Developing-Country Debt,
Journal of Economic Perspectives 4 (Winter 1990), 3-6.
Debt: Is to Forgive to Forget?" (with Jeremy Bulow), American
Economic Review 79 (March 1989), 43-50.
Constant Recontracting Model of Sovereign Debt" (with Jeremy
Bulow), The Journal of Political Economy 97 (February 1989),
Buyback Boondoggle" (with Jeremy Bulow), Brookings Papers
on Economic Activity: no. 2, 1988, 675-698.
Negotiations for Rescheduling Developing Country Debt: A Bargaining-Theoretic
Framework" (with Jeremy Bulow), International Monetary
Fund Staff Papers 35 (December 1988), 644-657 [PDF file]. Reprinted
in Jacob A. Frenkel, Michael P. Dooley and Peter Wickham (eds.), Analytical
Issues in Debt (International Monetary Fund, Washington, D.C., 1989).
New Open Economy Macroeconomics
and Exchange Rates," (with Maurice Obstfeld), August 1998 [PDF file].
NBER Working Paper 6694, August 1998, forthcoming in Elhanan Helpman and
Effraim Sadka (eds.), (volume of essays in honor of Assaf Razin), forthcoming,
Cambridge University Press, 2002.
Directions for Stochastic Open Economy Models," (with Maurice
Obstfeld), Journal of International Economics 50, Feb. 2000,
Rate Dynamics Redux," (with Maurice Obstfeld), Journal
of Political Economy 103, June 1995, 624-60.
"The Modern History of Exchange Rate Arrangments: A Reinterpretation," (with Carmen Reinhart), NBER Working Paper 8963 (June 2002).
Law of One Price Over Seven Hundred Years", (with Kenneth
Froot and Michael Kim), revised July 2001) IMF Working paper No. 01/174, November
on Exchange Rate Volatility," in International Capital
Flows, edited by Martin Feldstein (Chicago: University of Chicago
Press and the NBER, 1999), 441-53 [PDF file].
Models of Dollar/Yen/Euro Nominal Exchange Rates: Dead or UnDead?"
Economic Journal 109, November 1999, F655-F659.
Risks of Unilateral Exchange Rate Pegs," in The Implications
of Globalization of World Financial Markets, Alan Meltzer (ed.)
(Seoul: The Bank of Korea, 1998), 153-170 [PDF file].
Purchasing Power Parity Puzzle," Journal of Economic
Literature 34, June 1996, 647-68.
Mirage of Fixed Exchange Rates," (with Maurice Obstfeld),
Journal of Economic Perspectives 9, Fall 1995, 73-96.
"Perspectives on PPP and Long-Run Real Exchange Rates," (with
Ken Froot), in Handbook of International Economics vol. 3, Gene
Grossman and Kenneth Rogoff (eds.), (Amsterdam: Elsevier Science Publishers
B.V., 1995): 1647-88. NBER
Working Paper 4952.
"Traded Goods Consumption Smoothing and the Random Walk Behavior
of the Real Exchange Rate," Bank of Japan Monetary and Economic
Studies 10, November 1992, 1-29. NBER
Working Paper 4119.
It Real? The Exchange Rate-Interest Differential Relation Over the Modern
Floating Rate Period" (with Richard Meese), The Journal
of Finance 43 (September 1988), 933-948.
the Effects of Sterilized Intervention: An Analysis of Weekly Data,"
Journal of Monetary Economics 14, (September 1984), 133-150.
Book review of Exchange
Rate Determination (by Anne O. Krueger), Journal of International
Economics 17 (August 1984), 187-188.
Rate Dynamics with Sluggish Prices under Alternative Price-Adjustment
Rules" (with Maurice Obstfeld), International Economic
Review 25 (February 1984), 159-174.
Studies of the Relationship Between Exchange Rates and Intervention:
A Review of the Techniques and Literature," Federal
Reserve Staff Studies No. 132 (September 1983) [PDF file].
Exchange Rate Models of the Seventies: Do They Fit Out of Sample?"
(with Richard Meese), Journal of International Economics 14 (February
Out-of-Sample Failure of Empirical Exchange Rate Models: Sampling Error
or Misspecification?" (with Richard Meese), in Jacob Frenkel
(ed.), Exchange Rates and International Macroeconomics (NBER
and University of Chicago Press, 1983), 67-105.
International Monetary Policy Cooperation
Implications of Self-Oriented National Monetary Rules,"
(with Maurice Obstfeld), Quarterly Journal of Economics 117 (May 2002), 503-535 [PDF file].
Not a Global Currency," forthcoming American Economic
Review 91, May 2001, 243-47 [PDF file].
"Achieving Exchange Rate Stability in a Tri-Polar World: A Target
Zone System with a Rotating Anchor," in Kumiharu Shigehara (ed.)
Price Stabilization in the 1990s, (London: McMillan Press, 1993).
EMS, the EMU, and the Transition to a Common Currency"
(with Ken Froot), NBER Macroeconomics Annual 6, 1991, 269-317.
"Strategic Perspectives on Economic Policy," in Andrew Stevenson
and David Vines (eds.), Information, Strategic Behavior and Economic
Policy, (London: Basil Blackwell, 1991).
Exchange Rate Predictability be Achieved Without Monetary Convergence?
-- Evidence from the EMS," European Economic Review
28 (June-July 1985), 93-115.
International Monetary Cooperation be Counterproductive?"
Journal of International Economics 18 (May 1985), 199-217.
on OECD Capital Market Integration: Implications for U.S. Current Account
Adjustment," (with Maurice Obstfeld), in , Federal
Reserve Bank of Kansas City Global Economic Integration: Opportunities
and Challenges. ("Jackson Hole" conference), March 2001,
pp. 169-208 [PDF file].
"The Intertemporal Approach to the Current Account," (with
Maurice Obstfeld), in Handbook of International Economics vol. 3,
Gene Grossman and Kenneth Rogoff (eds.), (Amsterdam: Elsevier Science
Publishers B.V., 1995): 1731-99. NBER
Working Paper 4893.
versus Country-Specific Productivity Shocks and the Current Account,"
(with Reuven Glick), Journal of Monetary Economics 35, February
Net Foreign Asset Positions and Stability in a World Portfolio Balance
Model" (with Dale Henderson), Journal of International
Economics 13 (August 1982), 85-104.
Monetary Policy and Central Bank Design
on Krugman, "It's Baaack: Japan's Slump and the Return
of the Liquidity Trap," by Paul Krugman, Brookings Panel on
Economic Activity 2, Fall 1998, 194-199.
Constraints on Monetary Policy," in K. Brunner and A. Meltzer
(eds.), Carnegie-Rochester Conference Series on Public Policy
Vol. 26 (Spring 1987). (Supplement to the Journal of Monetary Economics),
141-181. Revised and reprinted as "Reputation, Coordination
and Monetary Policy" in Robert J. Barro (ed.), Modern Business
Cycle Theory (Cambridge: Harvard University Press, 1989).
Out Divergent Speculative Bubbles" (with Maurice Obstfeld),
Journal of Monetary Economics 17 (May 1986), 349-362.
Optimal Degree of Commitment to an Intermediate Monetary Target,"
Quarterly Journal of Economics 100 (November 1985), 1169-1189.
Information Content of the Interest Rate and Optimal Monetary Policy"
(with Matthew Canzoneri and Dale Henderson), Quarterly Journal of
Economics 98 (November 1983), 545-566.
Hyperinflations in Maximizing Models: Can We Rule Them Out?"
(with Maurice Obstfeld), Journal of Political Economy 91 (August
Political Budget Cycles
Political Budget Cycles," American Economic Review
80, March 1990, 21-36.
and Macroeconomic Policy Cycles" (with Anne Sibert), The
Review of Economic Studies 55 (January 1988), 1-16.
Six Major Puzzles in International Macroeconomics: Is there a Common
Cause?" (with Maurice Obstfeld), in Ben Bernanke and Kenneth
Rogoff (eds.), NBER Macroeconomics Annual 2000 (Cambridge: MIT
Press). 339-390. Also
NBER Working Paper 7777, July 2000.
and Underground Demand for Euro Notes: Blessing or Curse?"
Economic Policy 26, April 1998, 263-303.
Book review of The Age of Diminished Expectations: U.S Economic
Policy in the 1990s (by Paul Krugman), Journal of Economic Literature
29 (December 1991), 1753-55.
on Edward C. Prescott, "Theory Ahead of Business Cycle Measurement,"
in K. Brunner and A. Meltzer (eds.), Carnegie Rochester Conference
Series on Public Policy Vol. 25 (Fall 1986).
Consistent Application of Boundary Conditions in Rational Expectations
Models" (with Matthew Canzoneri), Economic Letters
4 (December 1979).
IMF Working Papers
Evolution and Performance of Exchange Rate Regimes, December 1, 2003 [PDF file]
FDI to Africa: The Role of Price Stability and Currency Instability, January 1, 2003 [PDF file]
Bankruptcy Procedures for Sovereigns: A History of Ideas, 1976-2001, August 1, 2002 [PDF file]
Early Ideas on Sovereign Bankruptcy Reorganization: A Survey, March 1, 2002 [PDF file]
Dornbusch's Overshooting Model After Twenty-Five Years, February 1, 2002 [PDF file]
Commodity Currencies and Empirical Exchange Rate Puzzles, February 1, 2002 [PDF file]
The Law of One Price Over 700 Years, November 1, 2001 [PDF file]