NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by Stephen Turnovsky

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Working Papers

March 1999Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?
with Joshua Aizenman: w7004
September 1997Capital Income Taxation and Risk-Taking in a Small Open Economy
with Patrick K. Asea: w6189
October 1993The Dependent Economy Model with Both Traded and Non-Traded Capital Goods
with Philip L. Brock: w4500
June 1992The International Transmission of Tax Policies in a Dynamic World Economy
with Marcelo Bianconi: w4086
March 1992The Growth and Welfare Consequences of Differential Tariffs With Endogenously-Supplied Capital and Labor
with Philip L. Brock: w4011
November 1991The Impact of Terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis
w3916
March 1991Stochastic Equilibrium and Exchange Rate Determination in a Small Open Economy with Risk Averse Optimizing Agents
with Earl L. Grinols: w3651
October 1990Fiscal Policy, Capital Accumulation, and Debt in an Open Economy
with Partha Sen: w3489
April 1990Tariffs and Sectoral Adjustments in an Open Economy
w3315
March 1990Investment Tax Credit in an Open Economy
with Partha Sen: w3298
March 1989The Term Structure of Interest Rates and the Effects of Macroeconomic Policy
w2902
December 1988Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy
with Partha Sen: w2781
June 1988The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty
with Vasco d'Orey: w2604
Deterioration of the Terms of Trade and Capital Accumulation: A Reexamination of the Laursen-Metzler Effect
with Partha Sen: w2616
December 1987The Gains from Fiscal Cooperation in the Two Commodity Real Trade Model
w2466
Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies
with Tamer Basar, Vasco d'Orey: w2467
October 1987Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy
w2084
1987Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982
w2123
Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model
w2133
October 1986Optimal Monetary Policy and Wage Indexation Under Alternative Disturbances and Information Structures
w2042
September 1986Optimal Monetary Policy in an Open Economy
with Peter J. Stemp: w2018
July 1986Supply Shocks and Optimal Monetary Policy
w1988
March 1986Optimal Tariffs in Consistent Conjectural Variations Equilibrium
w1872
1986Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach
with Vasco d'Orey: w1824
October 1985Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination
w1407
Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy
w1716
September 1985An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets
with Robert B. Campbell: w1698
Monetary and Fiscal Policy Under Perfect Foresight: A Symmetric Two Country Analysis
w1699
April 1985Exchange Market Intervention Under Alternative Forms of Exogenous Disturbances
w1289
March 1985Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information
with Richard C. Marston: w1586
December 1983Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization
with Richard C. Marston: w1254
July 1983Wage Indexation and Exchange Market Intervention in a Small Open Economy
w1170
June 1983The Forward Exchange Market, Speculation, and Exchange Market Intervention
with Jonathan Eaton: w1138
September 1982Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics
with Jonathan Eaton: w0984

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