Working Paper
The macroeconomics of exchange rate shocks
Kling, Arnold (1985)
Working Paper Series / Economic Activity Section , Paper 57

Discussion Paper
The inefficiency of private financial contracts under asymmetric information: implications for bank regulation, deposit insurance and disintermediation
Kling, Arnold (1986)
Research Papers in Banking and Financial Economics , Paper 91

Discussion Paper
Money and the state-preference model
Kling, Arnold (1982)
Research Papers in Banking and Financial Economics , Paper 59

Discussion Paper
The banking crisis from a macroeconomic perspective
Kling, Arnold (1986)
Research Papers in Banking and Financial Economics , Paper 93

Discussion Paper
Futures markets and transaction costs
Kling, Arnold (1986)
Research Papers in Banking and Financial Economics , Paper 83

Discussion Paper
How the stock market could learn to live with index futures and options
Kling, Arnold (1986)
Research Papers in Banking and Financial Economics , Paper 88

Discussion Paper
The economics of the 1975-1978 home price boom
Kling, Arnold (1982)
Research Papers in Banking and Financial Economics , Paper 56

Discussion Paper
Financial innovations and the monetary transmission mechanism
Kling, Arnold (1981)
Research Papers in Banking and Financial Economics , Paper 49

Working Paper
Anticipatory capital flows and the behaviour of the dollar
Kling, Arnold (1985)
In this paper, I argue that the value of the dollar is influenced by the "state of long-term expectation" and that market expectations do not appear to embody a return to steady state. I suggest that the recent strength of investment in the United States reflects "animal spirits" and those investors appear to expect the investment boom to he sustained indefinitely. Finally, I show how an adverse shift in perceptions concerning the profitability of investment, by altering this state of expectations and thereby affecting international capital flows, conceivably could put upward pressure on ...
International Finance Discussion Papers , Paper 261

Discussion Paper
Financial innovations and the demand for money
Kling, Arnold (1981)
Research Papers in Banking and Financial Economics , Paper 48