A theory of the natural unemployment rate and the duration of employment
The effectiveness of fiscal feedback rules and automatic stabilizers under rational expectations
Price and output adjustment: Micro foundations and aggregation
Rational expectations and the role of monetary policy: A generalization
The optimal rate of inflation revisited
Outside wealth, the demand for money and the crowding out effect
Expectations and the asset-market approach to the exchange rate
Stochastic reserve losses and bank credit expansion
Sterilization and the monetary approach to balance of payments analysis