• “Does the worldwide shift of FDI from manufacturing to services accelerate economic growth? A GMM estimation study”, forthcoming in the Journal of International Money and Finance (2011), with N. Doytch (GC’07)

  • “Crises, portfolio flows and foreign direct investment: an application to Turkey”, forthcoming in Economic Systems (2011), with R. Uctum.

  • “A Nonlinear Approach to Public Debt Stationarity in Latin American Countries”, Oxford Bulletin of Economics and Statistics (2008), Vol. 6, (10), pp. 645-63, with G. Chortareas and G. Kapetanios (Queen Mary University of London WP#486).
  • “Choice of Exchange Rate Regime and Currency Zones”, The Review of International Economics and Finance (2008), Vol. 17 (3), pp. 436-56, with I. Kato (GC'05).
  • “Are Southern-Poor Countries’ Governments More Profligate than their Northern-Rich Counterparts? Fiscal Criteria and Impulse Responses”, The World Economy (2006), Vol. 29(3), pp. 325-40.
  • “Public Debt, the Unit Root Hypothesis and Structural Breaks: A Multi-Country Analysis”, Economica (2006), Vol 73(289), pp. 129-56, with T. Thurston and R. Uctum
  • “Political risk in the choice of exchange rate regimes”, in Financial Institutions and Services, Uh, R.. (eds.), Nova Science Publishers, NY, (2006), Ch. 9, pp. 271-84, with I. Kato.
  • “An Investigation of Current Account Solvency in Latin America Using Nonlinear Tests”, Studies in Nonlinear Dynamics and Econometrics (2004),
    Volume 8, Issue 1, with G. Chortareas, and G. Kapetanios (also Queen Mary University of London WP#485 ), http://www.bepress.com/snde/vol8/iss1/art4
  • “Pricing-to-Market: The Japanese Experience with a Falling Yen and the Asian Crisis”, The Review of International Economics (2003), 11(2), 360-378.
  • “Debt and Deficit Ceilings and Sustainability of Fiscal Deficits: an Intertemporal Analysis”, Oxford Bulletin of Economics and Statistics (2000), 62(2), with M.R. Wickens.
  • "European Integration and Asymmetry in the European Monetary System", Journal of International Money and Finance (1999), Vol.18, No.5, 769-798.
  • "Secular Decline in the US Profit Rate: A Sectoral Analysis”, Applied Economics (1999), 31, pp. 1641-1652, with S. Viana.
  • "The Dollar and the Euro: Is There Room for European Monetary Primacy?,” L’Actualite Economique (1998), Vol.74, No.4, with P. Deusy-Fournier.
  • "Why Have Corporate Profits Declined? An International Comparison," The Review of International Economics (1998), 6(2), 234-251.
  • "Europe and The Maastricht Challenge” The World Economy (1996) vol. 19, No. 6, with M.Aglietta.
  • “Fiscal Consolidation in Europe” Economie Internationale (1996),
    vol. 1, No.65, with M.Aglietta.
  • "The Sustainability of Current Account Deficits: a Test of the US Intertemporal Budget Constraint," Journal of Economic Dynamics and Control, (1993),
    vol.17, No.3, pp.423-441, with M.R. Wickens.
  • "A Critical Evaluation of Exchange Rate Policy in Turkey," World Development (1992), vol.20, No.10, pp.1501-1514, with Y. Asikoglu.
  • "Foreign Interest Rate Disturbance, Financial Flows and Physical Capital Accumulation in a Small Open Economy," Scandinavian Journal of Economics, (1991), vol.93, No.3, pp.377-390.
  • "The Effects of Capital Account Liberalization: the Case of Turkey," in Liberalization and the Turkish Economy, T. Nas, and M. Odekon (eds), Associated University Press (1991).
  • "Strategic Aspects of Exchange Rate Policy in a Developing Country," Economics Letters , (1990), 33, pp. 153-157, with Y. Asikoglu.
  • "Exchange Rate Determination, the Stock Market and Investment Finance," in Exchange Rates and Open Economy Macroeconomics, R. MacDonald and M.P. Taylor (eds), Basil Blackwell, (1989), with M.R. Wickens.