Kanda Naknoi’s Research

· Publications

Journal Articles

[1] The Marginal Product of Capital, Capital Flows and Convergence, (with Sirsha Chatterjee) forthcoming in the American Economic Review: Papers and Proceedings (2010) Vol. 100 No. 2

[2] Real Exchange Rate Fluctuations, Endogenous Tradability and Exchange Rate Regimes, Journal of Monetary Economics (2008) Vol. 55 No. 3, pp. 645-663

Other Publications

[3] Does the Exchange Rate Belong in Monetary Policy Rules: New Answers from a DSGE Model with Endogenous Tradability and Trade Frictions, (with Michael Kumhof and Douglas Laxton) forthcoming in Proceedings from the ECB Conference on Globalization and the Macroeconomy, Frankfurt: European Central Bank (2009)

[4] Exchange Rate Regimes, International Linkages, and the Macroeconomic Performance of the New Member States, (with Tamim Bayoumi, Michael Kumhof and Douglas Laxton) In Detken, Carsten, Vitor Gaspar and Gilles Noblet (Ed.), The New EU Member States: Convergence and Stability, Frankfurt: European Central Bank (2005), pp. 75-104

· Working Papers

[1] Tariffs and the Expansion of the American Pig Iron Industry, 1870-1940 (2008), submitted

[2] The Benefit of Exchange Rate Flexibility, Trade Openness and Extensive Margin (2008), submitted

[3] Exchange Rate Pass-through and Market Structure in Multi-country World (2008), (with David Hummels)

[4] Current Account Adjustments, Exchange Rates and Extensive Margin (2008)

[5] Real Exchange Rate Fluctuations, Wage Stickiness and Tradability, (with Yothin Jinjarak) (2009)

· Research in progress

[1] Foreign Direct Investment, Institution Quality and Bilateral Investment Treaties (with Masahiro Kawai)

[2] Extensive Margin and Macroeconomic Fluctuations (with Georg Schaur)

[3] Capital Controls and Asset Prices (with Yili Chien)