Philippe Bacchetta

• Economic policy in Switzerland
• A scapegoat model of exchange rate fluctuations
• A theory of the currency denomination of international trade
• Can information heterogeneity explain the exchange rate determination puzzle?
• Capital flows to emerging markets
• Consumption and credit constraints
• Devaluacion de la Peseta y competitividad: 1992
• Do capital market imperfections exacerbate output fluctuations?
• Does exchange rate stability increase trade and capital flows?
• On the unstable relationship between exchange rates and macroeconomic fundamentals
• Random walk expectations and the forward discount puzzle
• Rational inattention