Selected Publications

Monetary Neutrality, forthcoming in Macroeconomic Dynamics (with A. Serletis).

Estimation of a Nonlinear Taylor Rule Using Real-Time U.S. Data. Studies in Nonlinear Dynamics and Econometrics, 2012, Volume 16, Issue 5, equal coauthor (with J. F. Lamarche).

Instrumental Variable Estimation of a Nonlinear Taylor Rule. Empirical Economics, 2012, Volume 42, 1-20 (with J. F. Lamarche).

Evidence of Nonlinear Mean Reversion in the Real Interest Rate. Applied Economics, 2010, 42, 237-248 (with J. F. Lamarche).

Threshold Random Walks in the U.S. Stock Market, Chaos, Solitons & Fractals, 2008, 37, 43-48 (with J. F. Lamarche and Apostolos Serletis).

Rational Bubbles or Persistent Deviations from Market Fundamentals? Journal of Banking and Finance, 2005, 29, 2523-2539 (with A. Serletis).

Long-Run Phillips-Type Trade-offs in European Union Countries, Economic Modelling, 2003, 20, 679-701 (with A. Serletis).

Canadian Monetary Policy Shocks in Money and Finance in the Global Economy: Challenges and Opportunities for the 21st Century, A. Kintis, P. Koveos, C. Paraskevopoulos and N. Baltas eds., Toronto, Canada: APF Press, 2002, ISBN 1-894490-10-X, 157-170 (with A. Serletis).

Monetary Aggregation and the Neutrality of Money , Economic Inquiry, 2001, 1, 124-138 (with A. Serletis).

On the Fisher Effect, Journal of Monetary Economics, 1999, 44, 1, 105-130 (with A. Serletis).

Canadian Evidence on Long-Run Neutrality Propositions, Journal of Macroeconomics, 1998, 20, 2, 397-411.

International Evidence on the Neutrality of Money, Journal of Money, Credit, and Banking, 1998, 30, 1, 1-25 (with A. Serletis).

Unemployment Hysteresis in Canada: An Approach Based on Long-Memory Time Series Models, Applied Economics, 1996, 28, 823-831 (with W. Veloce).

Currency Substitution and Exchange Rate Dynamics: A Note, Atlantic Economic Journal, 1991, 19, 2, 47-50 (with K. S. Ng).

Some Model-Based Tests of Expectational Rationality, Atlantic Economic Journal, 1989, 17, 53-64.

Is There a Phillips Curve in Canada? A Rational Expectations Approach, Journal of Macroeconomics, 1988, 10, 421-433

Testing for Short-Run Money Neutrality in a Small Open Economy: The Case of Canada, Empirical Economics, 1988, 13, 103-120  (with T. Stengos).