Commodity Prices

The Macroeconomic Determinants of Commodity Prices (with Eduardo Borensztein), IMF Staff Papers, Vol. 41 No. 2, June 1994, 236-261.

Commodity Prices: Cyclical Weakness or Secular Decline? (with Peter Wickham), IMF Staff Papers, Vol. 41 No. 2, June 1994, 175-213.

The Behavior of Non-Oil Commodity Prices (with Eduardo Borensztein, Mohsin S. Khan, and Peter Wickham), IMF Occasional Paper 112, (Washington, DC: International Monetary Fund, August 1994).

Fiscal Policy, the Real Exchange Rate, and Commodity Prices, IMF Staff Papers, Vol. 38 No. 3, September 1991, 506-524.

Commodity markets and the international transmission of fiscal shocks, IMF Working Paper 88/104, December 1988.  A doctoral dissertation essay.

Real Exchange Rate and Commodity Prices in a Neoclassical Model, IMF Working Paper 88/55, June 1988.  A doctoral dissertation essay.