RESEARCH

PUBLICATIONS IN REFEREED JOURNALS

The Economic Consequences of Hugo Chavez (with Norman Maynard) Journal of Economic Behavior & Organization , May 2016, pages 1-21 (lead article)

 

Marriage Market Matching and Conspicuous Consumption in China(with Dan Hicks and Weici Yuan) Economic Inquiry, April 2016, pages 1251–1262

 

Political fractionalization and delay in fiscal stabilizations: A duration analysis(w/ Shu Lin and Haichun Ye) Public Choice, 2015, Volume 164, Issue 1, Page 157-175

 

Exchange Rate Shocks and Trade: A Multivariate GARCH-M Approach (w/ Aaron Smallwood), Journal of International Money and Finance,October, 2013, 37: 282-305.

 

Do High Interest Rates Deter Speculative Attacks? Evidence and Some Theory (w/ Shu Lin), Journal of International Money and Finance,2010, 29(5): 938-950.

 

Elections, Exchange Rates & Reform in Latin America (w/ Rodolfo Cermeño and Robin Grier), Journal of Development Economics, 2010, 92(2): 166-174.

 

Speculative attacks and defenses as a war of attrition: Theory and an example (w/ Shu Lin), European Journal of Political Economy, 2009, 25(4): 540-546.

 

Trust and Development (w/ Jacob Dearmon),Journal of Economic Behavior and Organization, 2009, 71: 210-220.

 

Twin sons of different mothers: the long and short of the twin deficits debate (w/ Haichun Ye),Economic Inquiry, 2009, 47(4): 625-638.

 

Presidential Elections and Real GDP growth in the USA, Public Choice, 2008, 135, (3), 337-352.

 

Only Income Diverges: A Neoclassical Anomaly (with Robin Grier),Journal of Development Economics, 2007, 84(1): 25-45.

 

Uncertainty and Export Performance: Evidence from 18 Countries (with Aaron Smallwood), Journal of Money, Credit, & Banking, 2007, 39(4): 965-979.

 

External Influences on Economic Reform: Reform as a Regional Public Good(with Daniel Sutter) , European Journal of Political Economy, 2007, 23(3): 660-673.

 

On the Real Effects of Inflation and Inflation Uncertainty in Mexico, (with Robin Grier) Journal of Development Economics, 2006, 80: 478-500.

 

Inflation, Presidents, Fed Chairs and Regime Shifts in the US real interest rate,(with Tony Caporale) Journal of Money, Credit & Banking,December 2005; 37: 1153-1163.

 

How Smart is my Dummy? Time Series Tests for the Influence of Politics, (with Tony Caporale) Political Analysis, Winter 2005; 13: 77 - 94.

 

The Asymmetric Effects of Uncertainty on Inflation and Output Growth, (with Olan Henry, Nilss Olekalns, and Kalvinder Shields) Journal of Applied Econometrics.2004, Volume 19, p.551-565.

 

The Real Exchange Rate Process and its Real Effects: The cases of Mexico and the USA(with Fausto Hernandez Trillo) Journal of Applied Economics, May 2004 p. 1-25.

 

Party, Incumbency and the Effects of Economic Fluctuations on House Elections, 1916-1996, (with Joe McGarrity) Public Choice, January 2002 p. 143 - 162.

 

Macroeconomic Indicators, Exchange Rate Regimes, Currency Depreciation and Stock Market Performance in the Crisis of 1997 (with Robin Grier), Economic Inquiry, January 2001 p.139-148.

 

Political Regime Change and the Real Interest Rate, (with Tony Caporale), Journal of Money, Credit & Banking,August 2000 p. 320-334.

 

Political Cycles in Non-Traditional Settings, Theory and Evidence for Mexico, (with Robin Grier),Journal of Law and Economics, April 2000, 239-263.

 

The Effects of Uncertainty on Macroeconomic Performance: Bivariate GARCH Evidence, (with Mark Perry), Journal of Applied Econometrics, January-February 2000 p. 45-58.

 

A Political Model of Monetary Policy with Application to the Real Rate of Interest (with Tony Caporale), Journal of Law & Economics, October 1998, p. 409-428.

 

Inflation and Inflation Uncertainty in the G-7 Countries (w/ Mark Perry), Journal of International Money and Finance,1998, 17(4): 671-689.

 

Inflación e Incertidumbre Inflacionaria en México, 1960 - 1997(w/ Robin Grier), Trimestre Económico Julio - Septiembre 1998, p. 407-426.

 

The Effect of Macroeconomic Fluctuations on the Electoral Fortunes of House Incumbents, (with Joseph McGarrity), Journal of Law & Economics April 1998, p. 142-161.

             

El Papel de la Estrategia Cambiaria en el Comportamiento Económico de Países en Desarrollo: Evidencia para 1997.(with Robin Grier) Economía Mexicana, Winter 1998, p. 115-131.

 

Inflation, Inflation Uncertainty and Relative Price Dispersion: Evidence from Bivariate GARCH-M Models, Journal of Monetary Economics,October 1996, 38(2): 391-405.

 

Electoral Politics and the Executive Veto (with M. McDonald and R.D. Tollision), Economic Inquiry, July 1995, p.427-440.

 

The Determinants of Industry Political Activity, 1978-1986, (with M.C. Munger and B.Roberts), American Political Science Review, December 1994, p. 911 - 926.

 

The Rookie Draft and Competitive Balance: The Case of Professional Football (with Robert Tollison) , Journal of Economic Behavior and Organization,1994, 25(3): 293-299.

 

The Effect of Money Shocks on Interest Rates in the Presence of Conditional Heteroskedasticity, (with Mark Perry), Journal of Finance, September 1993 p. 1445-55.

 

Comparing Interest Group PAC Contributions to House and Senate Incumbents, 1980 - 1986(with Michael C. Munger), Journal of Politics, August 1993 p. 615-43.

 

On the (Mis)Measurement of Ideology and Legislator Shirking (with Brian Goff), Public Choice, June 1993 p. 5-20.

 

Ideology and Representation in American Politics,Public Choice, June 1993 p. 1-4.

 

Congressional Influence on U.S. Monetary Policy: An Empirical Test, Journal of Monetary Economics,October 1991, 28(2): 201-220.

 

 The Industrial Organization of Corporate Political Participation, (with B. Roberts and M. Munger), Southern Economic Journal, January 1991 p. 727 - 738.

 

Committee Assignments, Constituent Preferences and Campaign Contributions to House Incumbents(with M.C. Munger), Economic Inquiry, January 1991 p. 24 - 43.

 

Arbitrage in a Basketball Economy, (with R.D. Tollison). Kyklos, 1990 Volume 43, #4 p. 611 - 624.

 

Allocation Patterns of PAC Monies: The Case of the U.S. Senate, (with M.C. Munger and G. Torrent), Public Choice November 1990, p 111-28.

 

An Empirical Analysis of Cross-National Economic Growth (with Gordon Tullock), Journal of Monetary Economics, September 1989, 24(2): 259-276.

 

Campaign Spending and Senate Elections, 1978 - 1984,Public Choice December 1989, p. 201-19.

 

On the Existence of a Political Monetary Cycle, American Journal of Political Science, May 1989 p 376-89.

 

Presidential Politics and Federal Reserve Independence : an Empirical Test, Southern Economic Journal, October 1987 p 475-486.

 

Deficits, Politics and Money Growth (with Howard Neiman),Economic Inquiry, April 1987 p 201-14.

 

A Note on Unanticipated Money Growth and Interest Rate Surprises: Makin and Mishkin Revisited, Journal of Finance, September, 1986 p 981-85.

 

Monetary Policy as a Political Equilibrium, Cato Journal, Fall 1986, 6(2): 539-544.

 

The Impact of Legislator Attributes on Interest Group Campaign Contributions (with Michael Munger), Journal of Labor Research,September 1986, 7(4): 349-361.

 

The Determinants of Local School Spending: Some Consistent Estimates(with Arthur Denzau),Public Choice, December 1984 p 375-83.