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354 CHAPTER 11. BALANCE OF PAYMENTS CRISES106. Modjtahedi B. 1991. “Multiple Maturities and Time-VaryingRisk Premia in Forward Exchange Markets.” Journal Of <strong>International</strong>Economics 30: pp. 69-86107. Hinkle, Lawrence E. and Peter J. Montiel. 1999. Exchange RateMisalignment: Concepts and Measurement for Developing Countries.Oxford: Oxford University Press.108. Mundell, Robert A. 1963. “Capital Mobility and StabilizationPolicy under Fixed and Flexible Exchange Rates.” CanadianJournal of Economics and Political Science 29: pp. 475-85.109. Mussa, Michael. 1976. “The Exchange Rate, the Balance ofPayments, and Monetary and Fiscal Policy Under a Regime ofControlled Floating.” Scandinavian Journal of Economics 78:pp. 229-48.110. Mussa, Michael. 1986. “Nominal Exchange Rate Regimes and theBehavior of Real Exchange Rates: Evidence and Implications.”Carnegie Rochester Conference Series on Public Policy 25: pp.117—213.111. Obstfeld, Maurice. 1985. “Floating Exchange Rates: Experienceand Prospects.” Brookings Papers on Economic Activity 2: pp.369—450.112. Obstfeld, Maurice. 1994. “The Logic of Currency Crises.” CahiersEconomiques et Monetaires Bank of France: pp.189—213.113. Obstfeld, Maurice and Kenneth Rogoff. 1995. “Exchange RateDynamics Redux.” Journal of Political Economy 103: pp.624—660.114. Newey, Whitney and Kenneth D. West. 1987. “A Simple, PositiveSemi-deÞnite Heteroskedasticity and Autocorrelation ConsistentCovariance Matrix.” Econometrica 55: pp. 703-8.115. Newey, Whitney and Kenneth D. West. 1994. “Automatic LagSelection in Covariance Matrix Estimation.” Review of EconomicStudies 61: pp. 631-53.116. Nickell, Stephen J. 1981. “Biases in Dynamic Models with FixedEffects.” Econometrica 49: pp. 1417-1426.

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