Working Papers


2001


Working Paper 43
The Bank, the States, and the Market: An Austro-Hungarian Tale for Euroland, 1867–1914

Marc Flandreau


Working Paper 44
The EURO Area and the single monetary policy

Otmar Issing


Working Paper 45
Is there an asymmetric effect on monetary policy over time?
A bayesian analysis using austrian data

Sylvia Kaufmann


Working Paper 46
Exchange Rates, Prices and Money
A Long Run Perspective

Paul De Grauwe, Marianna Grimaldi


Working Paper 47
The ECB monetary policy strategy and the money market

Vítor Gaspar, Gabriel Perez-Quiros, Jorge Sicilia


Working Paper 48
A regulatory regime for financial stability

David T. Llewellyn


Working Paper 49
Arbitrage and Optimal Portfolio Choice with Financial Constrain

Helmut Elsinger and Martin Summer


Working Paper 50
Macroeconomic Fundamentals and the DM/$ Exchange Rate:
Temporal Instability and the Monetary Model

Michael D. Goldberg, Roman Frydman


Working Paper 51
Assessing Inflation Targeting after a Decade of World Experience

Vittorio Corbo, Oscar Landerretche, Klaus Schmidt-Hebbel


Working Paper 52
Beyond Bipolar: A Three-Dimensional Assessment of Monetary Frameworks

Kenneth N. Kuttner, Adam S. Posen


Working Paper 53
Why Is the Business-Cycle Behavior of Fundamentals Alike Across Exchange-Rate Regimes?

Luca Dedola, Sylvain Leduc


Working Paper 54
New International Monetary Arrangements and the Exchange Rate

Tommaso Monacelli


Working Paper 55
The Effectiveness of Central Bank Intervention in the EMS: The Post 1993 Experience

Peter Brandner, Harald Grech, Helmut Stix