Kathryn M. Dominguez is Professor of Public Policy and Economics. Her research interests include topics in international financial markets and macroeconomics. She has written numerous articles on foreign exchange rate behavior and is author of Exchange Rate Efficiency and the Behavior of International Asset Markets and Does Foreign Exchange Intervention Work? (with Jeff Frankel). She is a Research Associate at the National Bureau of Economic Research and the Federal Reserve Bank of San Francisco. She has also worked as a research consultant for US AID, the Federal Reserve System, the International Monetary Fund, and the World Bank. Kathryn teaches macroeconomics, finance and international economics at the Ford School.