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Michael P. Dooley Home Directory Michael P. Dooley
| Education History | |
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Ph.D., Pennsylvania State University |
| Research Focus | |
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International finance, monetary theory and policy |
| Long Description | |
Michael Dooley joined the faculty at UCSC in 1992 following more than 20 years service at the Board of Governors of the Federal Reserve System and the Research Department of the International Monetary Fund. His published research covers a wide range of issues in open economy macroeconomics including work on crises in emerging markets, capital controls, international capital movements, debt restructuring, capital flight, and liberalization of financial markets.
Dooley is a research associate of the National Bureau of Economic Research and is a managing editor of the International Journal of Finance and Economics. Consulting relationships include the International Monetary Fund, World Bank, and Federal Reserve Board. Dooley has been a visiting scholar at the Bank of Japan and has taught at Bucknell University, George Washington University, the University of Chicago Graduate School of Business, the IMF Institute, the World Bank Economic Development Institute, and the Kiel Institute of World Economics. |
| Selected Publications | |
Dooley, M. "A Model of Crises in Emerging Markets," NBER Working Paper #6300, December 1997. Forthcoming in Economic Journal.
Dooley, M., and M. Chinn (with S. Shrestha). "Latin America and East Asia in the Context of an Insurance Model of Currency Crises," Journal of International Money and Finance, 18(4):659-681, 1999.
Dooley, M. "Indonesia: Is the Light at the End of the Tunnel Oncoming Traffic?" Global Markets, Deutsche Bank, 1998.
"Speculative Attacks on a Monetary Union," International Journal of Finance and Economics, 3:21-26, 1998.
Dooley, M., and M. Chinn. "Financial Repression and Capital Mobility: Why Capital Flows and Covered Interest Rate Differentials Fail to Measure Capital Market Integration," Monetary and Economic Studies, 15(4):81-103, December 1997.
Dooley, M. "A Survey of Literature on Controls Over International Capital Transactions," IMF Staff Papers, 43(4):639-687, December 1996.
"The Tobin Tax: Good Theory, Weak Evidence, Questionable Policy." In M. ul Haq, I. Kaul, and I. Grunberg (eds), The Tobin Tax: Coping with Financial Volatility. New York: Oxford University Press, 1996. Historical and Contemporary Differences. New York: Garland Publishing, 1996. |
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