DEBT-FOR-EQUITY SWAPS

Securitization, an Ironic Solution.  Real Time Economics, Wall Street Journal Online, September 28, 2008.

Securitization of Sovereign Debt: Corporations as a Sovereign Debt Restructuring Mechanism in Britain, 1694-1750.  Social Sciences Research Network (revised March 2008).

COURSE MATERIALS

Economics of Financial Markets

Senior Seminar in Economics: Understanding the Financial Crisis

WORKING PAPERS

An Economic Explanation of the Early Bank of Amsterdam, Debasement, Bills of Exchange, and the Emergence of the First Central Bank.  With William Roberds, Federal Reserve Bank of Atlanta Working Paper 2006-13 (August 2006).

The Big Problem of Large Bills: The Bank of Amsterdam and the Origins of Central Banking.  With William Roberds, Federal Reserve Bank of Atlanta Working Paper 2005-16 (August 2005).

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