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List of works by Maurice Obstfeld

A Strategy for Launching the Euro

scientific article published in March 1999

Aggregate Spending and the Terms of Trade: Is There a Laursen-Metzler Effect?

scientific article published in June 1981

Are Industrial-Country Consumption Risks Globally Diversified?

scientific article published in March 1993

Balance-of-Payments Crises and Devaluation

scientific article published in April 1983

Can We Sterilize? Theory and Evidence

scientific article published in January 1982

Capital Controls, The Dual Exchange Rate, and Devaluation

Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization

scientific article published in December 1984

Capital Mobility and Devaluation in an Optimizing Model with Rational Expectations

scientific article published in October 1980

Capital Mobility and the Scope for Sterilization: Mexico in the 1970s

scientific article published in September 1981

Capital Mobility in the World Economy: Theory and Measurement

scientific article published in August 1985

Commodity Trade and International Risk Sharing: How Much Do Financial Markets Matter?

scientific article published in July 1989

Competitiveness, Realignment, and Speculation: The Role of Financial Markets

scientific article published in March 1988

Covered Interest Parity Deviations: Macrofinancial Determinants

scientific article published in August 2019

Destabilizing Effects of Exchange-Rate Escape Clauses

scientific article published in January 1991

Do We Really Need a New International Monetary Compact?

scientific article published in August 2000

Does the Current Account Still Matter?

scientific article published in March 2012

Dynamic Seigniorage Theory: An Exploration

EMU: Ready, or Not?

scientific article published in August 1999

Evaluating Risky Consumption Paths: The Role of Intertemporal Substitutability

scientific article published in January 1995

Exchange Rate Dynamics Redux

Exchange Rate Dynamics Under Stochastic Regime Shifts: A Unified Approach

scientific article published in February 1989

Exchange Rate Dynamics With Sluggish Prices Under Alternative Price-Adjustment Rules

scientific article published in August 1983

Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics

scientific article published in August 2002

Exchange Rates, Inflation and the Sterilization Problem: Germany, 1975-1981

scientific article published in August 1982

Exchange-Rate Dynamics

scientific article published in November 1983

Exchange-Rate Dynamics and Optimal Asset Accumulation Revisited

scientific article published in February 1988

Exchange-Rate Expectations and Nominal Interest Differentials: A Test ofthe Fisher Hypothesis

External Adjustment

scientific article published in October 2004

Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008

scientific article published in March 2009

Financial Stability, the Trilemma, and International Reserves

scientific article published in August 2008

Fiscal Deficits and Relative Prices in a Growing World Economy

Global Dimensions of U.S. Monetary Policy

scientific article published in July 2019

Globalization and Capital Markets

Globalization, Macroeconomic Performance, and the Exchange Rates of Emerging Economies

scientific article published in October 2004

Harry Johnson’s “Case for Flexible Exchange Rates” – 50 Years Later

scientific article published in March 2020

How Integrated are World Capital Markets? Some New Tests

scientific article published in November 1986

Imperfect Asset Substitutability and Monetary Policy under Fixed Exchange Rates

scientific article published in June 1980

In Search of the Armington Elasticity

scientific article published in April 2014

Inflation, Real Interest, and the Determinacy of Equilibrium in an Optimizing Framework

scientific article published in July 1981

Intermediate Imports, the Terms of Trade, and the Dynamics of the Exchange Rate and Current Account

scientific article published in September 1980

International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition

International Capital Mobility in the 1990s

scientific article published in November 1993

International Finance

scientific article published in November 1986

International Finance and Growth in Developing Countries: What Have We Learned?

scientific article published in February 2009

International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

scientific article published in June 1982

International Liquidity: The Fiscal Dimension

scientific article published in September 2011

International Macroeconomics: Beyond the Mundell-Fleming Model

scientific article published in July 2001

International Monetary Relations: Taking Finance Seriously

scientific article published in June 2017

Intertemporal Dependence, Impatience, and Dynamics

scientific article published in July 1989

Intertemporal Price Speculation and the Optimal Current-Account Deficit

scientific article published in March 1983

Intrinsic Bubbles: The Case of Stock Prices

scientific article published in September 1989

Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation

scientific article published in December 1980

Models of Currency Crises with Self-Fulfilling Features

scientific article published in October 1995

Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar period

Monetary and Fiscal Remedies for Deflation

scientific article published in February 2004

New Directions for Stochastic Open Economy Models

scientific article published in August 1999

Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited

scientific article published in June 1997

Open-Economy Macroeconomics, Developments in Theory and Policy

Optimal Time-Consistent Fiscal Policy with Uncertain Lifetimes

scientific article published in March 1985

Peso Problems, Bubbles, and Risk in the Empirical Assessment of Exchange-Rate Behavior

scientific article published in April 1987

Pricing-to-Market, the Interest-Rate Rule, and the Exchange Rate

Rational and Self-Fulfilling Balance-of-Payments Crises

scientific article published in November 1984

Regional Nonadjustment and Fiscal Policy: Lessons for EMU

scientific article published in June 1999

Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight

scientific article published in June 1981

Risk and Exchange Rates

scientific article published in August 1998

Risk-Taking, Global Diversification, and Growth

Ruling Out Nonstationary Speculative Bubbles

scientific article published in April 1985

Saving, Investment, and Gold: A Reassessment of Historical Current Account Data

scientific article published in July 1997

Sovereign Risk, Credibility and the Gold Standard: 1870-1913 versus 1925-31

scientific article published in November 2002

Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments

Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?

scientific article published in February 1982

Sterilization and Offsetting Capital Movements: Evidence from West Germany, 1960-1970

scientific article published in June 1980

Stochastic Process Switching: Some Simple Solutions

scientific article published in June 1989

Stories of the Twentieth Century for the Twenty-First

scientific article published in July 2011

The Adjustment Mechanism

scientific article published in December 1991

The Capital Inflows Problem Revisited: A Stylized Model of Southern Cone Disinflation

scientific article published in September 1984

The Capitalization of Income Streams and the Effects of Open Market Policy under Fixed Exchange Rates

scientific article published in August 1980

The Case for Open-Market Purchases in a Liquidity Trap

scientific article published in July 2003

The Effectiveness of Foreign-Exchange Intervention: Recent Experience

The Euro and The Geography of International Debt Flows

scientific article published in April 2014

The Global Capital Market: Benefactor or Menace?

scientific article published in May 1998

The Great Depression as a Watershed: International Capital Mobility over the Long Run

article

The International Monetary System: Living with Asymmetry

scientific article published in December 2011

The Intertemporal Approach to the Current Account

scientific article published in October 1994

The Logic of Currency Crises

scientific article published in February 1994

The Mirage of Fixed Exchange Rates

scientific article published in July 1995

The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?

scientific article published in July 2000

The Trilemma in History: Tradeoffs among Exchange Rates, Monetary Policies, and Capital Mobility

The Unsustainable US Current Account Position Revisited

scientific article published in November 2004

Time of Troubles: The Yen and Japan's Economy, 1985-2008

scientific article published in March 2009

Transitory Terms-of-Trade Shocks and the Current Account: The Case of Constant Time Preference

scientific article published in January 1982

Two-Step Two-Stage Least Squares Estimation in Models with Rational Expectations

scholarly article published July 1983