Fountas, S. & Karanasos, M. (2002) "Are Economic Growth and the Variability of the Business Cycle Related? Evidence from Five European Countries" Department of Economics, National University of Ireland, Galway.

Fountas, S. (1998). "Are the US current account deficits really sustainable?" (Working Paper No. 20) Department of Economics, National University of Ireland, Galway.

Fountas, S., (2004) "Current Account Deficit Sustainability: A Panel Approach" (Department of Economics, National University of Ireland, Galway.

Fountas, S. (1995). "An empirical analysis of inward foreign direct investment flows in the European Union with emphasis on the market enlargement hypothesis" (Working Paper No. 004) Department of Economics, National University of Ireland, Galway.

Fountas, S. (1997). "Exchange Rate Volatility and Exports: The Case of Ireland" (Working Paper No. 016) Department of Economics, National University of Ireland, Galway.

Fountas, S. (1998). "Has the European Monetary System Led to More Exports? Evidence from Four European Union Countries" (Working Paper No. 031) Department of Economics, National University of Ireland, Galway.

Fountas S. & Aristotelous K. (1999) "The Impact of the Exchange Rate Regime on Exports: Evidence from the European Monetary System" (Working Paper No. 0038)

Fountas, S., Karanasos M. & Kim J. (2001) "Inflation and Output Growth Uncertainty and their Relationship with Inflation and Output Growth" (Working Paper No. 0053) Department of Economics, National University of Ireland, Galway.

Fountas, S., Karanasos, M. & Mendoza, A. (2001) Inflation, Inflation Uncertainty, and a Common European Monetary Policy" (Working Paper No. 0054) Department of Economics, National University of Ireland, Galway.

Fountas, S. (1999). The Monetary Transmission Mechanism: evidence and implications for European monetary union. (Economics Working Paper no. 35): Department of Economics, National University of Ireland, Galway.