Central Bank Policy

“Monetary analysis and the global financial cycle: an Asian central bank perspective.” BIS Working Papers No 463, September 2014. (with Andrew Filardo and Boris Hofmann)

Monetary Policy Strategies in Asia and the Pacific: What Way Forward? In Monetary and Currency Policy Management in Asia (M. Kawai, P. J. Morgan, and S. Takagi, eds.). Cheltenham, UK: Asian Development Bank Institute and Edward Elgar, 2012. Ch. 3, pp. 64 – 96. (With Andrew Filardo)

 “Swiss Monetary Policy 2000-2009”, Swiss Journal of Economics and Statistics, March 2010. (With Stefan Gerlach)

“Targeting Inflation in Asia and the Pacific: Lessons from the Recent Past”, In David Cobham, Oyvind Eitrheim, Stefan Gerlach and Jan F. Qvigstand (eds.) Inflation Targeting Twenty Years On: Past Lessons and Future Prospects. Cambridge: Cambridge University Press, 2010.  (With Andrew Filardo)

 “ECB Governance and Monetary Policy in an Enlarged EU”. In Fritz Breuss and Eduard Hochreiter (eds.), Challenges for Central Banks in an Enlarged EMU. Wien, New York: Springer, 2004. Pp. 71-93.

“Asset Prices in a Flexible Inflation Targeting Framework”. In W. Hunter, G. Kaufman, and M. Pomerleano (eds.) Asset Price Bubbles. Cambridge: The MIT Press, 2003. (with S. Cecchetti and S. Wadhwani)

How Do Central Banks Write? An Evaluation of Inflation Targeting Central Banks. Geneva Report on the World Economy, Special Report 2. Geneva and London: ICMB and CEPR, 2003. (with Andrea Fracasso and Charles Wyplosz.) 

“Inflation Targeting, the Holy Grail of Monetary Policy?” Journal of Policy Reform, Vol. 5, No. 3, 2002, pp. 161-71.

Asset Prices and Central Bank Policy. Geneva and London: ICMB and CEPR, 2000. (together with S. Cecchetti, J. Lipsky, and S. Wadhwani.)