Research

Publications

"Markov Switching in Exchange Rate Models: Will More Regimes Help?", Co-authored with Josh Stillwagon. Empirical Economics 59, 413–436 (2020).  https://doi.org/10.1007/s00181-019-01623-6 

"The Instability of the Bilson-Fama Forward Rate Anomaly", Co-authored with Michael Goldberg, Olesia Kozlova, and Deniz Ozabacia. Forthcoming in Critical Finance Review (2023). https://cfr.pub/forthcoming/

Working Papers

“Re-evaluating the Conduct of US Monetary Policy within the Context of Cointegration and Structural Change”, (2019)

“Time-Varying Exchange Rate Dynamics: A Nonlinear Role for Fundamentals”, Co-authored with Steve Furnagiev. Expected to be submitted in 2019. [Abstract]

"Structural Breaks in U.S. Macroeconomic Time Series: Comparing Bayesian Model Averaging with Indicator Saturation", Co-authored with Adam Check (University of St. Thomas) and Jeremy Piger (University of Oregon). [Abstract]

“Interest Rate and Exchange Rate Expectations: Does the term of the interest rate expectations matter?" 

“Effect of Risk Measures on the Relationship Between Exchange Rate Spread, Volume and Volatility” 

"Rationality and the Meese and Rogoff Exchange-Rate-Disconnect Puzzle: Learning vs Contingent Knowledge", Presented at INET’s 4th Annual Plenary Conference, Hong Kong, 2013. 

DISSERTATION

“What Drives Exchange Rates? Reexamining the Exchange Rate Disconnect Puzzle", (2014)