Michael P. Dooley
| Department of Economics | |
| Engineering 2 room 471 | |
| University of California, Santa Cruz | |
| Santa Cruz, CA 95064 | |
| 831 459 3662 | |
| mpd at ucsc.edu |
Welcome to my home page. I joined the faculty at UCSC in 1992 following more than twenty years service at the Board of Governors of the Federal Reserve System and the Research Department of the International Monetary Fund. My research covers a range of issues in open economy macroeconomics including Bretton Woods II, crises in emerging markets, debt management, capital controls, capital flight and liberalization of financial markets.
I am a Research Associate, National Bureau of Economic Research, International Research Fellow, Kiel Institute of World Economics and edit the International Journal of Finance and Economics.
Other affiliations have included visiting teaching positions at
Bucknell
University, George Washington University, The University of Texas, The
University of Chicago Graduate School of Business, the IMF Institute,
the
World Bank Economic Development Institute and the Kiel Institute of
World
Economics. Consulting relationships include the International Monetary
Fund, World Bank, and the Federal Reserve Board and the Bank of
Japan.
I welcome inquiries concerning our very successful Ph.D. program in international economics.
View my
resume.
See IDEAS for additional papers
The
following papers are available in PDF format.
"Savings Gluts and Interest
Rates: The Missing Link to Europe", with David
Folkerts-Landau and Peter Garber, NBER Working Paper 11520, July 2005.
"Research Summary, "Capital Flows and Crises In Emerging Markets", NBER Reporter, Fall 2000.
"International Financial Architecture and Strategic Default: Can Output Losses Following International Financial Crises be Avoided", Carnegie-Rochester Conference Series, 2000.
"A Model of Crises in Emerging Markets", The Economic Journal, Vol. 110, no. 460, January, 2000 pp. 256-272.
"Private Inflows when Crises are Anticipated: A Case Study of Korea", January 2000 (with Inseok Shin)
"Latin America and East Asia in the Context of an Insurance Model of Currency Crises", Journal of International Money and Finance, August 1999. (with Menzie Chinn and Sona Shrestha).
"Are Capital
Inflows to Developing Countries
a Vote
For or Against Economics Policy Reforms?" 1994
"Academic Views of Capital Flows: An Expanding Universe, in Capital Controls and Crises: Theory and Practice, January 2000 (with Carl Walsh).
"Speculative Attacks on a Monetary Union?", International Journal of Finance and Economics, vol. 3, 1998, pp. 21-26.
"Indonesia: Is the Light at the End of the Tunnel Oncoming Traffic?",Global Emerging Markets, Deutsche Bank, June 1998.
"Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History?", World Bank Economic Review, vol. 10, 1996 pp. 27-50.
"Transactions Taxes and Foreign Exchange:Good Theory, Weak Evidence, Bad Policy", in The Tobin Tax:Coping with Financial Volatility, Mahbub ul Haq, Inge Kaul and Isabelle Grundberg eds. Oxford University Press,1996,pp.83-108.
"Capital Controls, Political Risk, and Deviations from Interest Parity", Journal of Political Economy, April 1980. (with Peter Isard)"A
Survey of
Literature on Controls Over
International
Capital Transactions", IMF Staff Papers, V 43, no. 4, December
1996,
pp.
639-687.
"A Note on Burden Sharing Among Creditors", IMF Staff Papers, March 1993, pp. 226-232. ( with Richard Haas and Steven Symansky.)
"Endogenous Creditor Seniority and External Debt Values", IMF Staff Papers, V 40, no. 2, June 1993, pp. 395-413. ( with Mark R. Stone.)
Responses to Volatile Capital Flows: Controls Asset Liability Management and Artchiture, World Bank Conference April 1999."Financial Repression and Capital Mobility: Why Capital Flows and Covered Interest Rate Differentials Fail to Measure Capital Market Integration," Bank of Japan: Monetary and Economic Studies Vol. 15, No. 4, December 1997, pp. 81-103. ( with Menzie Chinn.)
UCSC Social Sciences Home Page
last update June 9, 2010