Papers


Selected Journal Articles

[10] Forthcoming. The Institutional Impact of Left-Leaning Populism in Latin America
European Journal of Political Economy
with J. P. Bastos (Texas Tech University), Alexandre Padilla (Metropolitan State University of Denver), Karla C. Hernández (The University of Texas at El Paso), and John Ramseur (Metropolitan State University of Denver)
SSRN version

[09] 2022. Can Dollarization Constrain a Populist Leader? The Case of Rafael Correa in Ecuador
Journal of Economic Behavior and Organization, Vol. 200 (August), pp. 430-442.
DOI: 10.1016/j.jebo.2022.06.006
with Alexander W. Salter (Texas Tech University) and Ignacio Savanti (Universidad del CEMA)
SSRN version

[08] 2021. The Federal Reserve’s Response to the Covid-19 Contraction: An Initial Appraisal
Southern Economic Journal, Vol. 87, No. 4, pp. 1152-1174
DOI: 10.1002/soej.12498
with Bryan P. Cutsinger (Angelo State University), Thomas L. Hogan (American Institute for Economic Research), William J. Luther (Florida Atlantic University), and Alexander W. Salter (Texas Tech University)
SSRN version

[0&] 2021. Immigration and Institutional Change: Did Mass Immigration Cause Peronism in Argentina?
Journal of Economic Behavior and Organization, Vol. 184 (April), pp. 1-15
DOI: 10.1016/j.jebo.2021.01.027
with Alexandre Padilla (Metropolitan State University of Denver) and Alejandro O. Gomez (UCEMA)
SSRN version

[06] 2021. Why Did Inflation Targeting Fail in Argentina?
Quarterly Review of Economics and Finance, Vol. 80 (May), pp. 102-116
DOI: 10.1016/j.qref.2021.01.014
with Federico Julián Ferrelli Mazza (ESEADE)
SSRN version

[05] 2018. The Average Period of Production: History of an Idea
Journal of the History of Economic Thought, Vol. 40, No.1, pp. 81-98
DOI: 10.1017/S105383721700013X
with Peter Lewin (University of Texas at Dallas)
SSRN version

[04] 2018. The Grecian Horse: Does Immigration Lead to the Deterioration of American Institutions?
Public Choice, Vol. 30, No. 2, pp. 169-192
DOI: 10.1007/s11127-018-0509-5
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[03] 2016. Ludwig von Mises’s Approach to Capital as a Bridge Between Austrian and Institutional Economics
Journal of Institutional Economics, Vol. 12, No. 4, pp. 847-866
DOI: 10.1017/S1744137416000102
with Eduard Brown (Clausthal University of Technology) and Peter Lewin (University of Texas at Dallas)
SSRN version

[02] 2016. An Empirical Application of the EVA Framework to Business Cycles
Review of Financial Economics, Vol. 30 (september), pp. 60-67
DOI: 10.1016/j.rfe.2016.06.006
with Peter Lewin (University of Texas at Dallas)
SSRN version

[01] 2015. Implications of Machlup’s Interpretation of Mises’s Epistemology
Journal of the History of Economic Thought, Vol. 37, No. 1, pp. 111-138
DOI: 10.1017/S1053837214000777
with Gabriel J. Zanotti (Universidad Francisco Marroquín)
SSRN version


All Journal Articles

[60] Forthcoming. The Institutional Impact of Left-Leaning Populism in Latin America
European Journal of Political Economy
with J. P. Bastos (Texas Tech University), Alexandre Padilla (Metropolitan State University of Denver), Karla C. Hernández (The University of Texas at El Paso), and John Ramseur (Metropolitan State University of Denver)
SSRN version

[59] Forthcoming. Did Dollarization Help Ecuador?
Scottish Journal of Political Economy
with Emilio Ocampo (Universidad del CEMA), Karla C. Hernández (The University of Texas at El Paso), and John Ramseur (Metropolitan State University of Denver)
DOI: 10.1111/sjpe.12397
SSRN version

[58] 2024. Classical Liberalism in Argentina, from 1816 to 1884
Econ Journal Watch
with with Alejandro Gómez (Universidad del CEMA)

[57] 2023. Hermeneutics and Phenomenology in the Social Sciences: Lessons from the Austrian School of Economics Case
The Review of Austrian Economics, Vol. 36, No. 3, pp. 403-415.
with Agustina Borella (Universidad de Buenos Aires) and Gabriel J. Zanotti (Universidad Austral)
DOI: 10.1007/s11138-021-00548-7
SSRN version

[56] 2023. Lessons From Dollarization in Latin America in the 21st Century
The Economists’ Voice, Vol. 20, No. 1, pp. 25-42.
DOI: 10.1515/ev-2023-0001
with Emilio Ocampo (Universidad del CEMA) and Alexander W. Salter (Texas Tech University)
SSRN version

[55] 2023. Immigration and Economic Freedom of the US States: Does the Institutional Quality of Immigrants’ Origin Countries Matter?
Contemporary Economic Policy, Vol. 41, No. 3, pp. 489-512.
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[54] 2022. Monetary Disorder in Buenos Aires Province (1822-1881)
The Independent Review, Vol. 27, No. 1, pp. 23-35.
with Adrián O. Ravier (ESEADE)
SSRN version

[53] 2022. Can Dollarization Constrain a Populist Leader? The Case of Rafael Correa in Ecuador
Journal of Economic Behavior and Organization, Vol. 200 (August), pp. 430-442.
with Alexander W. Salter (Texas Tech University) and Ignacio Savanti (Universidad del CEMA)
SSRN version

[52] 2022. The Upper Turning Point in the Austrian Business Cycle Theory
The Review of Austrian Economics, Vol. 35, No. 1, pp. 89-97
DOI: 10.1007/s11138-019-00497-2
with Anthony J. Evans (ESCP Europe Business School) and Robert Thorpe
SSRN version

[51] 2021. Latin America Left-Populism, Price of Commodities, and Economic Crises
Journal of Private Enterprise Education, Vol. 36, No. 2, pp. 1-17.
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[50] 2021. Microfoundations and Macroeconomics: 20 Years
The Review of Austrian Economics, Vol.34, No. 2, pp. 279-288
DOI: 10.1007/s11138-020-00500-1
SSRN version

[49] 2021. The Federal Reserve’s Response to the Covid-19 Contraction: An Initial Appraisal
Southern Economic Journal, Vol. 87, No. 4, pp. 1152-1174
DOI: 10.1002/soej.12498
with Bryan P. Cutsinger (Angelo State University), Thomas L. Hogan (American Institute for Economic Research), William J. Luther (Florida Atlantic University), and Alexander W. Salter (Texas Tech University)
SSRN version

[48] 2021. Immigration and Institutional Change: Did Mass Immigration Cause Peronism in Argentina?
Journal of Economic Behavior and Organization, Vol. 184 (April), pp. 1-15
DOI: 10.1016/j.jebo.2021.01.027
with Alexandre Padilla (Metropolitan State University of Denver) and Alejandro O. Gomez (UCEMA)
SSRN version

[47] 2021. Why Did Inflation Targeting Fail in Argentina?
Quarterly Review of Economics and Finance, Vol. 80 (May), pp. 102-116
DOI: 10.1016/j.qref.2021.01.014
with Federico Julián Ferrelli Mazza (ESEADE)
SSRN version

[46] 2020. A Panel Data Analysis of Latin American Populism
Constitutional Political Economy, Vol. 31, No. 3, pp. 321-343
DOI: 10.1007/s10602-020-09302-w
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version data

[45] 2020. Immigration and Economic Freedom: Does Education Matter?
The Journal of Private Enterprise, Vol. 35, No. 1, pp. 29-57
with Alexandre Padilla (Metropolitan State University of Denver) and Jonathan Beck [U]
SSRN version

[44] 2020. Rediscovering Buchanan’s Rediscovery: Non-Market Exchange versus Antiseptic Allocation
Public Choice, Vol. 183, No. 3-4, pp. 461-477
DOI: 10.1007/s11127-020-00819-0
with Edward J. Lopez (Western Carolina University)
SSRN version

[43] 2020. Entrepreneurship in a Theory of Capital and Finance: Illustrating the Use of Subjective Quantification
Managerial and Decision Economics, Vol. 41, No. 5, pp. 735-743
DOI: 10.1002/mde.3133
with Peter Lewin (University of Texas at Dallas)
SSRN version

[42] 2020. The Super-Alertness of Central Banks
The Review of Austrian Economics, Vol. 33, No. 1-2, pp. 187-200
DOI: 10.1007/s11138-019-00436-1
with Alexander W. Salter (Texas Tech University)
SSRN version

[41] 2020. Immigration, Economic Freedom, and Ideology
The International Trade Journal, Vol. 34, No. 1, pp. 5-17
DOI: 10.1080/08853908.2019.1695026
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[40] 2019. Can Bitcoin Become Money? The Monetary Rule Problem
Australian Economic Papers, Vol. 58, No. 4, pp. 365-374
DOI: 10.1111/1467-8454.12158
SSRN version

[39] 2019. Re-switching, the Average Period of Production and the Austrian Business Cycle Theory: A Comment on Fratini
The Review of Austrian Economics, Vol. 32, No. 4, pp. 375-382
DOI: 10.1007/s11138-019-00460-1
with Peter Lewin (University of Texas at Dallas)
SSRN version

[38] 2019. Latin American Populism in the 21st Century
The Independent Review, Vol. 42, No. 2, pp. 209-226
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[37] 2018. The Cost of Populism in Argentina, 2002-2015
MISES: Interdisciplinary Journal in Philosophy, Law and Economics (special issue)
SSRN version

[36] 2018. The Role of Capital Structure in Austrian Business Cycle Theory
The Journal of Private Enterprise, Vol. 33, No. 2, pp. 21-32
with Peter Lewin (University of Texas at Dallas)
SSRN version

[35] 2018. Substance and Semantics: The Question of Capital
Journal of Economic Behavior and Organization, Vol. 150, No. 4, pp, 423-432
DOI: 10.1016/j.jebo.2018.01.024
with Peter Lewin (University of Texas at Dallas)
SSRN version

[34] 2018. Value and Capital: Austrian Capital Theory, Retrospect and Prospect
The Review of Austrian Economics, Vol. 31, No. 1, pp. 1-26
DOI: 10.1007/s11138-016-0374-8
with Peter Lewin (University of Texas at Dallas)
SSRN version

[33] 2018. The Average Period of Production: History of an Idea
Journal of the History of Economic Thought, Vol. 40, No.1, pp. 81-98
DOI: 10.1017/S105383721700013X
with Peter Lewin (University of Texas at Dallas)
SSRN version

[32] 2018. The Grecian Horse: Does Immigration Lead to the Deterioration of American Institutions?
Public Choice, Vol. 30, No. 2, pp. 169-192
DOI: 10.1007/s11127-018-0509-5
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[31] 2017. Secular Growth in Garrison’s Model: A Comment
The Quarterly Journal of Austrian Economics, Vol. 40, No. 5, pp. 354-359
SSRN version

[30] 2017. Entrepreneurship and Bitcoin: Breaking the Network Effect
The Review of Austrian Economics, Vol. 30, No. 3, pp. 263-275
DOI: 10.1007/s11138-016-0348-x
with Malavika Nair (Troy University)
SSRN version

[29] 2017. Austrian Economics, Market Process, and the EVA Framework
Journal of Business Valuation and Economic Loss Analysis, Vol. 12 (s1)
DOI: 10.1515/jbvela-2016-0014
SSRN version

[28] 2017. The Myth of the Natural Resource Curse: A Case Study for Algeria
The Journal of Private Enterprise, Vol. 32, No. 2, pp. 1-15
with Mohammed Akacem (Metropolitan State University of Denver)
SSRN version

[27] 2017. The View from Vienna: An Analysis of the Renewed Interest in the Mises-Hayek Theory of Business Cycles
The Review of Austrian Economics, Vol. 30, No. 2, pp. 169-192
DOI: 10.1007/s11138-016-0340-5
with Alexander W. Salter (Texas Tech University)
SSRN version

[26] 2017. A Mathematical Version of Garrison’s Model
The Quarterly Journal of Austrian Economics, Vol. 19, No. 3, pp. 225-247
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[25] 2016. Offsetting and Sterilization Mechanisms in Argentina (1992-2014)
Credit and Capital Markets, Vol. 49, No. 4, pp. 515-534
with Carolyn Thomas [U]
SSRN version

[24] 2016. Ludwig von Mises’s Approach to Capital as a Bridge Between Austrian and Institutional Economics
Journal of Institutional Economics, Vol. 12, No. 4, pp. 847-866
DOI: 10.1017/S1744137416000102
with Eduard Braun (Clausthal University of Technology) and Peter Lewin (University of Texas at Dallas)
SSRN version

[23] 2016. An Empirical Application of the EVA Framework to Business Cycles
Review of Financial Economics, Vol. 30 (September), pp. 60-67
DOI: 10.1016/j.rfe.2016.06.006
with Peter Lewin (University of Texas at Dallas)
SSRN version

[22] 2016. Indirectly Productive Entrepreneurship
Journal of Entrepreneurship and Public Policy, Vol. 5, No. 2, pp. 161-175
DOI: 10.1108/JEEP-03-2015-0016
with Alexandre Padilla (Metropolitan State University of Denver)
SSRN version

[21] 2016. Financial Framework for Understanding Macroeconomic Cycles: The Time Structure of Production is Relevant
Journal of Financial Economic Policy, Vol. 8, No. 2, pp. 268-280
DOI: 10.1108/JFEP-07-2015-0041
with Peter Lewin (University of Texas at Dallas)
SSRN version

[20] 2016. Financial Foundations of Austrian Business Cycle Theory
Advances in Austrian Economics, Vol. 20, pp. 15-44
DOI: 10.1108/S1529-213420160000020002
with Peter Lewin (University of Texas at Dallas)
SSRN version

[19] 2016. Argentina’s Post 2001 Economy and the 2014 Default
The Quarterly Review of Economics and Finance, Vol. 60 (May), pp. 70-80
DOI: 10.1016/j.qref.2015.08.002
with Carolyn Thomas [U]
SSRN version

[18] 2016. Monetary Policy, the Composition of GDP, and Crisis Duration in Europe
Global Economic Review, Vol. 45, No. 2, pp. 206-219
DOI: 10.1080/1226508X.2015.1137484
with Andreas Hoffmann (University of Leipzig)
SSRN version

[17] 2015. Fiscal Policy and Crowding Out Effects in Capital Based Macroeconomics with Idle Resources
The Journal of Private Enterprise, Vol. 30, No. 4, pp. 81-95
with Adrián O. Ravier (Universidad Francisco Marroquín)
SSRN version

[16] 2015. U.S. Monetary Policy’s Impact on Latin America’s Structure of Production (1960-2010)
Latin American Journal of Economics, Vol. 52, No.1, pp. 95-116
DOI: 10.7764/LAJE.52.1.95
SSRN version

[15] 2015. Expectations in Austrian Business Cycle Theory: Market Share Matters
The Review of Austrian Economics, Vol. 28, No. 2, pp. 151-165
DOI: 10.1007/s11138-014-0267-7
SSRN version

[14] 2015. Implications of Machlup’s Interpretation of Mises’s Epistemology
Journal of the History of Economic Thought, Vol. 37, No. 1, pp. 111-138
DOI: 10.1017/S1053837214000777
with Gabriel J. Zanotti (Universidad Francisco Marroquín)
SSRN version

[13] 2015. A Proposal of Monetary Reform for Argentina: Flexible Dollarization and Free Banking
The Independent Review, Vol. 19, No. 3, pp. 397-426
with Adrián O. Ravier (Universidad Francisco Marroquín)
SSRN version

[12] 2014. Roundaboutness is not a Mysterious Concept: A Financial Application to Capital Theory
The Review of Political Economy, Vol. 24, No. 6, pp. 648-665
DOI: 10.1080/09538259.2014.957475
with Peter Lewin (University of Texas at Dallas)
SSRN version

[11] 2014 The Mises-Hayek Business Cycle Theory, Fiat Currencies, and Open Economies
The Review of Austrian Economics, Vol. 27, no. 3, pp. 281-299
DOI: 10.1007/s11138-012-0188-2
SSRN version

[10] 2014. The Effects of U.S. Monetary Policy in Colombia and Panama (2002-2007)
The Quarterly Review of Economics and Finance, Vol. 53, No. 3, pp. 428-436
DOI: 10.1016/j.qref.2014.03.003
SSRN version

[09] 2014. Hayek’s Rule, NGDP Targeting, and the Productivity Norm: Theory and Application
Journal of Stock & Forex Trading, Vol. 3, No. 2, pp. 1-9
DOI: 10.4172/2168-9458.1000121
SSRN version

[08] 2013. Huerta de Soto’s Concerted Expansion: A Prisoner’s Dilemma in Free Banking?
Laissez-Faire, Vol. 38-39, pp. 1-6
SSRN version

[07] 2012. Mises on Fractional Reserves: A Review of Huerta de Soto’s Argument
New Perspectives on Political Economy, Vol. 7, No. 2, pp. 203-230
SSRN version

[06] 2012. The Law of National Guaranteed Banks in Argentina (1887-1890): Free Banking Failre or Regulatory Failure?
The Independent Review, Vol. 16, No. 4, pp. 569-590
SSRN version

[05] 2011. A Comment on Barnett and Block on Time Deposit and Bagus and Howden on Loan Maturity Mismatching
Journal of Business Ethics, Vol. 104, No. 2, pp. 219-221
DOI: 10.1007/s10551-011-0900-3
SSRN version

[04] 2011. Calculation and Equilibrium Problems in Coase Theorem
Quarterly Journal of Austrian Economics, Vol. 14, No. 1, pp. 63-77
SSRN version

[03] 2010. The Endogenous Stability of Free Banking: Crisis as an Exogenous Phenomenon
New Perspectives on Political Economy, Vol. 6, No. 1, pp, 31-48
SSRN version

[02] 2010. The Austrian School and Game Theory: An Analysis of Spontaneous Orders
Revista de Instituciones, Ideas y Mercados, No. 52, pp. 52-58

[01] 2009. The Definition of Inflation According to Mises: Implications for the Debate on Free Banking
Libertarian Papers, Vol. 1, No. 9, pp. 1-7
SSRN version


Non-Refereed Journal Articles

[07] 2021. The Austrian School: 150 Years
LIBERTAS: Segunda Época, Vol. 6, No. 1, pp. 1-11

[06] 2021. Capital: Three-Dimensionally Speaking
LIBERTAS: Segunda Época, Vol. 6, No. 1, pp. 1-11
with Peter Lewin (University of Texas at Dallas)

[05] 2019. What is so Extreme About Mises’s Extreme Apriorism: Reply to Scott Scheall
LIBERTAS: Segunda Época, Vol. 4, No. 1, pp. 1-6
with Gabriel J. Zanotti (Universidad Francisco Marroquín)

[04] 2017. Economic and Philosophical Implications of Hayek’s Knowledge Problem
LIBERTAS: Segunda Época, Vol. 2, No. 1, pp. 67-79
with Alexandre Padilla (Metropolitan State University of Denver)

[03] 2017. Monetary Policy in India and the U.S.: Is the Taylor Rule Relevant?
International Review of Business & Eonomics, Vol. 1, No. 1
with Bansi Sawhney and Kishore Kulkarni (Metropolitan State University of Denver)

[02] 2016. La Matemática y la Tradición Austriaca: Respuesta a Rafael Beltramino
LIBERTAS: Segunda Época, Vol. 1, No. 2, pp. 95-103

[01] 2016. Problemas Matemáticos en la Teoría de Precios
LIBERTAS: Segunda Época, Vol. 1, No. 1, pp. 11-27
with Juan C. Cachanosky


Book Chapters

[10] Forthcoming. Hayek’s Two Epistemologies: Economics and Sciences in General
In Candela, R. (ed.) UFM Companion to F. A. Hayek.
with Gabriel J. Zanotti (Universidad Francisco Marroquín)
SSRN version

[09] Forthcoming. Hayek’s Average Period of Production: A Step Forward and a Missed Opportunity
In Candela, R. (ed.) UFM Companion to F. A. Hayek
with Peter Lewin (University of Texas at Dallas)
SSRN version

[08] 2023. Accounting and Finance: Capital and Cost in Economics
In Horwitz, S., and Rouanet, L. (eds.) A Research Agenda for Austrian Economics
with Peter Lewin (University of Texas at Dallas)
SSRN version

[07] 2022. Can Cryptocurrencies become a Commonly Accepted Means of exchange?
In Caton, J. (ed.) The Economics of Blockchain and Cryptocurrency.
SSRN version

[06] 2022. Capital Theory and the Theory of the Firm
In Bylund, P. (ed.) Modern Guide to Austrian Economics.
with Peter Lewin (University of Texas at Dallas)

[05] 2018. Unintended Consequences of ECB Policies in Europe’s Periphery
In Godart-van der Kroon, A., and Volanthen, P. (eds.) Banking and Monetary Policy from the Perspective of Austrian Economics. Springer
with Andreas Hoffmann (University of Leipzig)

[04] 2017. El Deterioro Económico de Argentina Durante el Gobierno Kirchner-Kirchner
In Arqueros, C. and Iriarte, A. (eds.) Chile y América Latina: Crisis de las Izquierdas del Siglo XXI. Chile: Instituto Res República and Instituto del Desarrollo

[03] 2017. Economic Value Added: Una Aplicación Financiera al Análisis Económico
In Giménez Bonet, W., and Tournisov, A. (eds.) Libertad y Convicciones: Ensayos en Honor al Dr. Juan Carlos Cachanosky, Chapter 3. Guatemala: Editorial Episteme.

[02] 2015. Employment VISAs: An International Comparison
In Powell, B. (ed.) The Economics of Immigration: Market-Based Approaches, Social Science, and Public Policy, Chapter 5, pp. 92-142. Oxford: Oxford University Press.
with Alexandre Padilla (Metropolitan State University of Denver)

[01] 2012. Una Introducción a la Economía Clásica
In Ravier, A. (ed.) Lecturas de Historia del Pensamiento Económico. Madrid: Unión Editorial. Chapter VIII, pp. 147-166


Working Papers

[03] 2024. Dollarization and Default Risk: A Brief Note
C4FE Working Paper Series 2024/06

[02] 2023. Dollarization Dynamics: A Comment
C4FE Working Paper Series 2024/02 with Emilio Ocampo (Universidad del CEMA)

[01] 2023. Is Inflation Caused by Conflict
C4FE Working Paper Series 2024/01 with Emilio Ocampo (Universidad del CEMA)