Work In Progress

• Structural Change, the Real Exchange Rate, and the Balance of Payments Constraint in Mexico.  Paper presented at the Eastern Economics Association meetings, New York, NY, May 2013.  Statistical Appendix B.

 

Honors, Awards, and Fellowships

   
• American University, University Faculty Award for Outstanding Teaching in a Full-time Appointment, 2005.

Selected Publications

Journal Articles

• "Trade Liberalization and the Balance of Payments Constraint with Intermediate Imports: The Case of Mexico Revisited," Structural Change and Economic Dynamics, vol. 25, no. 1 (June 2013), pp. 33-47.
• "Stolper-Samuelson Revisited: Trade and Distribution with Oligopolistic Profits," Metroeconomica, vol. 63, no. 3 (July 2012), pp. 569-598.
• "NAFTA, Trade and Development," (co-authored with Gerardo Esquivel), CESifo Forum (2010/4), pp. 17-30.
• “Davidson on Keynes: The Open Economy Dimension,” Journal of Post Keynesian Economics, vol. 32, no. 1 (Fall 2009), pp. 19-41.
• “External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2007,” World Development, vol. 37, no. 7 (July 2009), pp. 1274–1284.
• “Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition” (co-authored with Arslan Razmi), Journal of Development Studies, vol. 44, no. 1 (January 2008), pp. 21-48.
• “The  Fallacy of Composition and Contractionary Devaluations: Output Effects  of Real Exchange Rate Shocks in Semi-Industrialised Countries” (co-authored with Arslan Razmi), Cambridge Journal of Economics, vol. 32, no. 1 (January 2008), pp. 83-109.
• “The Economic Consequences of Dollar Appreciation for U.S. Manufacturing Profits and Investment: A Time-Series Analysis,” International Review of Applied Economics, vol.21, no. 4 (September 2007), pp. 491-517.  Unpublished Statistical Appendix

Book Chapters

• "Long-Run Growth in Open Economies: Export-Led Cumulative Causation or a Balance-of-Payments Constraint?" in Handbook of Post Keynesian Economics, Vol. I, edited by Geoffrey Harcourt and Peter Kriesler. Oxford: Oxford University Press, 2013 (forthcoming).
• “Global Imbalances and the U.S. Trade Deficit,” in After the Great Recession: The Struggle for Economic Recovery and Growth, edited by Barry Z. Cynamon, Steven M. Fazzari, and Mark Setterfield. New York: Cambridge University Press, 2013.
• "Trade and the Development Gap" (co-authored with Gerardo Esquivel), in Mexico and the United States: The Politics of Partnership, edited by Peter H. Smith and Andrew Selee. Boulder: Lynne Rienner, 2013.
• "Open Economy Models of Growth and Distribution," in A Modern Guide to Keynesian Macroeconomics and Economic Policies, edited by Eckhard Hein and Engelbert Stockhammer. Cheltenham, UK: Edward Elgar, 2011.  Mathematical Appendix
• “Comercio, Empleo y Distribución: Efectos de la Integración Regional y Global,” in Los Grandes Problemas de México, vol. IX, Crecimiento Económico y Equidad, edited by Nora Lustig. Mexico City: El Colegio de México, 2010, pp. 175-214.  (in Spanish)
• "Export-Led Growth, Real Exchange Rates, and the Fallacy of Composition" (co-authored with Arslan Razmi), in The Handbook of Alternative Theories of Economic Growth, edited by Mark Setterfield. Cheltenham,UK: Edward Elgar, 2010, pp. 379-96.
• “Steel,” in The Princeton Encyclopedia of the World Economy, edited by Kenneth A. Reinert and Ramkishen S. Rajan, Princeton: Princeton University Press, 2009.
• “U.S. Steel Import Tariffs: The Politics of Global Markets,” in Contemporary Cases in U.S. Foreign Policy: From Terrorism to Trade, 3rd edition, edited by Ralph G. Carter, Washington, DC: Congressional Quarterly Press, 2008, pp. 249-80.
• "International Economics after Robinson," in Joan Robinson's Economics: A Centennial Celebration, edited by Bill Gibson.  Cheltenham, UK: Edward Elgar, 2005, pp. 309-349.
• “Financial Globalization, Exchange Rates, and International Trade,” in Financialization and the World Economy, edited by Gerald Epstein. Cheltenham, UK, and Northampton,MA: Edward Elgar, 2005, pp. 183-209.

Policy Papers 

• "The trade deficit trap: How it got so big, why it persists, and what to do about it," Working Paper No. 284, Economic Policy Institute, July 2009.