Research on Asset Bubbles 

Asset Market Hangovers and Economic Growth: The OECD During 1984-1993
Oxford Review of Economic Policy 13, No. 3 (Fall 1997): 110-34. Joint work with Matthew Higgins
Asset Market Hangovers and Economic Growth: U.S. Housing Markets
in The Role of Asset Prices in the Formulation of Monetary Policy, BIS Conference Papers Vol. 5 (Bank for International Settlements, Basle: 1998). Joint work with Matthew Higgins
Second District House Prices: Why So Weak in the 1990s? (View Abstract)
Federal Reserve Bank of New York Current Issues in Economics and Finance Vol. 5 No. 2 (January 1999). Joint work with Matthew Higgins and Anjeli Sridhar.
Rapidly Rising Corporate Debt:  Are Firms Now Vulnerable to an Economic Slowdown? (View Abstract)
Federal Reserve Bank of New York Current Issues in Economics and Finance Vol. 6, no. 7 (June 2000).
Book Review: The Exchange Rate in a Behavioral Finance Framework (View Full PDF) Newly added 12/10/2007