Prof. David E COOK
Acting Head, Professor davcook@ust.hk

CV


Academic qualification
Ph.D. 1996 University of Wisconsin-Madison
M.Sc. 1993 University of Wisconsin-Madison
B.A. 1988 University of Southern California

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ACADEMIC AND PROFESSIONAL EXPERIENCEProfessor of Economics, Hong Kong University of Science and Technology (HKUST), 2014-
Associate Professor of Economics, Hong Kong University of Science and Technology (HKUST), 2002-2014
Assistant Professor of Economics, Hong Kong University of Science and Technology (HKUST), 1996-2002

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PUBLICATIONS ArticlesDavid Cook and Michael B. Devereux, 2016, “The Optimal Currency Area in a Liquidity Trap.” Journal of International Economics
David Cook and Juanyi Xu, 2015, “Eurosclerosis and International Business Cycles, Journal of International Economics
David Cook and James Yetman, 2013, “Currency boards when interest rates are zero,” Pacific Economic Review, Forthcoming.
David Cook and Michael B. Devereux "Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap," American Economic Journal: Macroeconomics. Vol. 5, No. 3, July, 2013, pages 190-228.
Choi, Woon Gyu and David Cook, "Fire sales and the financial accelerator," Journal of Monetary Economics, Vol. 59, No. 4, May, 2012, pages 336-351.
Cook, David and Michael B. Devereux, “Global vs. Local Liquidity Traps,” Seoul Journal of Economics. Vol. 24, No. 4, November, 2011, pages 471-93.
Cook, David and Michael B. Devereux, “Cooperative Fiscal and Monetary Policy at the Zero Lower Bound,” Journal of the Japanese and International Economy Vol. 25, No. 4, December 2011, pages 465-486.
David Cook, "Markups and the Euro," The Review of Economics and Statistics, Vol. 93, No. 4, June, 2011, pages 1440-1452.
Cook, David and Michael B. Devereux "Optimal fiscal policy in a world liquidity trap," European Economic Review, Vol. 55, No. 4, May, 2011, pages 443-462.
Cook, David, “The puzzling dual of the uncovered interest parity puzzle evidence from Pacific Rim capital flows” International Review of Economics and Finance,Vol. 18. No. 8, June 2009, pages 449-456.
Timothy Chue and David Cook, “Sudden Stops and Liability Dollarization: Evidence from Asia's Financial Intermediaries,” Pacific Basin Finance Journal. Vol. 16, No. 4, September, 2008, pages 436-452.
Timothy Chue and David Cook, “Emerging Market Exchange Rate Exposure,” Journal of Banking and Finance, Vol. 32, No. 7, July, 2008, pages 1349-1362.
David Cook and Michael B. Devereux, "Accounting for the East Asian Crisis: A Quantitative Model of Capital Outflows in Small Open Economies," Journal of Money, Credits, and Banking Volume 38, Number 3, April 2006
David Cook and Michael B. Devereux, "External Currency Pricing and the East Asian Crisis," Journal of International Economics, Volume 69, Issue 1, June, 2006, Pages 37-63
David Cook and Michael B. Devereux, "Capital Flows, Discretionary Fiscal Policy and Exchange Rate Policy
Experience and Growth" Economics Letters. 85 (1) October 2004, Pages 53-56
David Cook "Monetary Policy in Emerging Markets: Can Liability Dollarization Explain Contractionary Devaluations?" Journal of Monetary Economics 51(6), September 2004, Pages, 1155-1181
Woon Gyu Choi and David Cook, "Liability Dollarization and the Bank Balance Sheet Channel, " Journal of International Economics 64(2), December 2004
David Cook and Michael B. Devereux, "Malaysian Capital Controls: Effectiveness and Side Effect," Asian Economic papers, 1(1), Winter 2002 Pages 49-82.
"World War II and Convergence" Review of Economics and Statistics Vol. 84, Issue 1 February 2002. pages 131-138.
David Cook "Market Entry and International Propagation of Business Cycles," Journal of International Economics, Volume, 56, Issue 1, January 2002 pp. 155-175
David Cook "Time to Enter and Business Cycles
The Liquidity Effect and Money Demand
Intertemporal Externalities and the Liquidity Effect," September 1999, Macroeconomic Dynamics 3(3), September 1999, pages 368-83.
Book ChapterWoon Gyu Choi and David Cook, Stock market Liquidity and the Macroeconomy: Evidence from Japan, " in T. Ito and A. Rose eds.Monetary Policy with Very Low Inflation in the Pacific Rim,University of Chicago press 2006.
Conference Proceedings/PapersTimothy Chue and David Cook, " Emerging Market Exchange Rate Exposure" Far Eastern Meetings of the Econometric Society July 8-9, Tsinghua University, Beijing, China
"Markups and Eruo" Conference on "International Financial Markets and the Macroeconomy, July 12-13, at the Hong Kong Institute for Monetary Research at HKMA.
"Dual labor Markets and Business Cycles." Center for Pacific Basin Studies Pacific Rim Conference, San Francisco Federal Reserve June 2006
"Dual Labor Markets and the Business Cycles," Canadian Macro Study Group, Vancouver, B.C.. November 2006
"Robust Control and the Small Open Economy," Presented at the Society of Economic Dynamics Summer Meeting in Stockholm, Sweden in June 2001.
"Malaysian Capital Controls: Effectiveness and Side Effects, " Presented at the Asian Economic Panel Symposium in Cambridge, Massachusetts, April 2001.
Liability Dollaziation and Stability: Monetary Policy and Foreign Currency Debt," presented tat the 2001 North American econometrics Society Winters Meetings in New Orleans, Louisiana in January, 2001
"The Macroeconomic Effects of International Financial Panics," (joint with Michael B. Devereux) presented at the National Bureau of Economic Research at the University Research Conference on Boston, Massachusetts, December, 2000
"Capital Market Panics, Exchange Rate Depreciation, and Economic Collapse
Export Dynamics and Credit Markets
Fiscal Policy and International Demand Spillovers
Counter-cyclical markups and the open economy
Intertemporal externalities and the liquidity effect
research-interests">RESEARCH INTERESTS Macroeconomics and Monetary economics
International macroeconomics