Current Research

	"Time to reject the priviledging of economic theory over empirical evidence"
	"On the role of theory and evidence in macroeconomics"
	"A response to Krugman"
	"A resolution to the PPP puzzle: Imperfect Knowledge and long swings"
	"The long swings puzzle: what the data tell when allowed to speak freely"
	"Testing hypotheses in an I(2) model with piecewise linear trends. An application to the long swings puzzle"
	"Allowing the data to speak freely: The macroeconometrics of the cointegrated autoregression"
	"Does it matter how to measure aggregates: The case of monetary aggregates in the Euro Area"
	"Inflation, Money Growth and I(2) Analysis"
	(With Zorica Mladenovic) "High inflation, hyerinflation and explosive roots: The case of Ygoslavia"
	(With Søren Johansen) "Controlling inflation in a cointegrated vector autoregressive model with an application to US data"
	"Unit roots and the demand for cigarettes in Turkey: Pitfalls and possibilities"
	(With Juan Toro) "Monetary Transmission Mechanisms in Spain: The Effect of Monetization, Financial Deregulation and the EMS"
	(With Juan Toro) "The Effect of Joining the EMS: Monetary Transmission Mechanisms in Spain"
	(With Ronald MacDonald)  "Interest Rate and Price Linkages between the USA and Japan: Evidence from the post-Bretton Woods period"
	(With Ronald MacDonald)  "International Parity Relationships between Germany and the United States: a Joint Modelling Approach"
	(With Elena Gennari) "Dynamic Modeling and Structural Shift: Monetary Transmission Mechanism in Italy"
	(With David Hendry) "Explaining Cointegration Analysis: Part I"
	(With David F. Hendry) "Explaining Cointegration Analysis: Part II"
	(With Soren Johansen) "Macroeconomic Transmission Mechanisms: Empirical Applications and Econometric Methods"
	" European Integration: Aspects of Unemployment and Inflation"
	"Wage, Price, and Unemployment Dynamics and the Convergence to Purchasing Power Parity in the Euro Area"