Research classified by Journal of Economic Literature (JEL) codes

---

Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E5: Monetary Policy, Central Banking, and the Supply of Money and Credit
/ / / E58: Central Banks and Their Policies

2003

• Bob HanckŽ, 2003, "The Political Economy of Fiscal Policy in EMU," European Political Economy Review, European Political Economy Infrastructure Consortium, volume 1, issue Spring, pages 5-14.
• Morten Balling (ed.), 2003, "Monetary and Financial Thinking in Europe - Evidence from Four Decades of SUERF," SUERF Studies, SUERF - The European Money and Finance Forum, number 2003/3, ISBN: ARRAY(0x942bd4e8), May.
• Morten Balling (ed.), 2003, "Securing Financial Stability: Problems and Prospects for New EU Members," SUERF Studies, SUERF - The European Money and Finance Forum, number 2003/4, ISBN: ARRAY(0x93f45760), May.
• El. Thalassinos & Anna Saiti, 2003, "Strategy of Monetary Policy: Observations from Germany and Italy," European Research Studies Journal, European Research Studies Journal, volume 0, issue 1-2, pages 131-144, January -.
• Kristoffer P. NIMARK, 2003, "Monetary Policy Performance and the Accuracy of Observations," Economics Working Papers, European University Institute, number ECO2003/08.
• Paolo PAESANI, 2003, "Will the Monetary Pillar Stay? A Few Lessons from the UK," Economics Working Papers, European University Institute, number ECO2003/10.
• Maria ELEFTHERIOU, 2003, "On the Robustness of the "Taylor Rule" in the EMU," Economics Working Papers, European University Institute, number ECO2003/17.
• Petr Pavelek, 2003, "Public Debt Policy: Credibility and Institutions," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 5-6, pages 190-219, May.
• Martin Èihák & Tomáš Holub, 2003, "Price Convergence: What Can the Balassa-Samuelson Model Tell Us? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 7-8, pages 334-355, July.
• Tapio Korhonen, 2003, "Finnish Monetary and Foreign Exchange Policy on the Way towards the Euro," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 9-10, pages 430-448, September.
• Marco LiCalzi & Alessandro Pavan, 2003, "Tilting the Supply Schedule to Enhance Competition in Uniform-Price Auctions," Working Papers, Fondazione Eni Enrico Mattei, number 2003.22, Mar.
• George W. Evans & Seppo Honkapohja, 2003, "Policy interaction, expectations, and the liquidity trap," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-16.
• Richard Dennis, 2003, "Inferring Policy Objectives from Economic Outcome," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-05, Jun, DOI: 10.24148/wp2003-05.
• Andrew T. Levin & John C. Williams, 2003, "Robust Monetary Policy with Competing Reference Models," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-10, Jul, DOI: 10.24148/wp2003-10.
• Richard Dennis, 2003, "New Keynesian Optimal Policy Models: An Empirical Assessment," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-16, Nov, DOI: 10.24148/wp2003-16.
• Nicoletta Batini & Paul Levine & Joseph Pearlman, 2003, "Indeterminacy with inflation-forecast-cased rules in a two-bloc model," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Ramon Marimon & Juan Pablo Nicolini & Pedro Teles, 2003, "Inside-outside money competition," Working Paper Series, Federal Reserve Bank of Chicago, number WP-03-09.
• Joseph H. Haslag & Antoine Martin, 2003, "Optimality of the Friedman rule in overlapping generations model with spatial separation," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 03-03.
• Michael R. Pakko, 2003, "On the information content of asymmetric FOMC policy statements: evidence from a Taylor-rule perspective," Working Papers, Federal Reserve Bank of St. Louis, number 2003-016, DOI: 10.20955/wp.2003.016.
• Edward Nelson, 2003, "Money and the transmission mechanism in the optimizing IS-LM specification," Working Papers, Federal Reserve Bank of St. Louis, number 2003-019, DOI: 10.20955/wp.2003.019.
• Leonardo Bartolini & Alessandro Prati, 2003, "The execution of monetary policy: a tale of two central banks," Staff Reports, Federal Reserve Bank of New York, number 165.
• Ernst Schaumburg & Andrea Tambalotti, 2003, "An investigation of the gains from commitment in monetary policy," Staff Reports, Federal Reserve Bank of New York, number 171, Aug.
• Pavel Kadochnikov, 2003, "External factors of monetary policy of the Russian Federation," Research Paper Series, Gaidar Institute for Economic Policy, issue 49P, pages 1-76.
• Sergey Drobyshevsky & Anna Kozlovskaya & D. Levchenko & S. Ponomarenko & Pavel Trunin & Sergey Chetverikov, 2003, "A comparative analysis of monetary policy in transition economies," Research Paper Series, Gaidar Institute for Economic Policy, issue 58P, pages 244-244.
• Frank Smets & Ignazio Angeloni & Gunter Coenen, 2003, "Persistence, the Transmission Mechanism and Robust Monetary Policy," Computing in Economics and Finance 2003, Society for Computational Economics, number 137, Aug.
• Volker Wieland & Gunter Coenen, 2003, "The Zero-Interest-Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan," Computing in Economics and Finance 2003, Society for Computational Economics, number 138, Aug.
• Paolo ANGELINI & Paolo DEL GIOVANE, 2003, "Aggregate and disaggregate information in euro-area monetary policy-making," Computing in Economics and Finance 2003, Society for Computational Economics, number 158, Aug.
• Fabio Milani & Francesco Belviso, 2003, "Structural Factor-Augmented VAR (SFAVAR)," Computing in Economics and Finance 2003, Society for Computational Economics, number 278, Aug.
• Fabio Milani, 2003, "Adaptive Learning, Model Uncertainty and Monetary Policy Inertia in a Large Information Environment," Computing in Economics and Finance 2003, Society for Computational Economics, number 280, Aug.
• Pedro Bacao & Fernando Alexandre, 2003, "Equity Prices and Monetary Policy: An Overview with an Exploratory Model," Computing in Economics and Finance 2003, Society for Computational Economics, number 290, Aug.
• John C. Williams & Andrew T. Levin, 2003, "Robust Monetary Policy with Competing Reference Models," Computing in Economics and Finance 2003, Society for Computational Economics, number 291, Aug.
• Zeno Rotondi & John Driffill, 2003, "Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem," Computing in Economics and Finance 2003, Society for Computational Economics, number 292, Aug.
• Fernando Alexandre, 2003, "Monetary policy, investment and non-fundamental shocks," Computing in Economics and Finance 2003, Society for Computational Economics, number 296, Aug.
• Hyun Song Shin & Jeffery D. Amato, 2003, "Public and Private Information in Monetary Policy Models," Computing in Economics and Finance 2003, Society for Computational Economics, number 38, Aug.
• Ulf Soderstrom & Richard Dennis, 2003, "How Important is Precommitment for Monetary Policy?," Computing in Economics and Finance 2003, Society for Computational Economics, number 49, Aug.
• I-Lok Chang & P.A.V.B. Swamy & George S. Tavlas, 2003, "How stable are monetary policy rules: Estimating the time-varying coefficients in a monetary policy reaction function for the U.S," Computing in Economics and Finance 2003, Society for Computational Economics, number 89, Aug.
• Jamie Gascoigne & Paul Turner, 2003, "Asymmetries in Bank of England Monetary Policy," Working Papers, The University of Sheffield, Department of Economics, number 2003007, Aug, revised Aug 2003.
• Michel Beine & Ariane Szafarz, 2003, "The design of effective Central Bank interventions: the yen/dollar case," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 03-008.RS.
• Pradeep Dubey & John Geanakoplos, 2003, "Inside and outside fiat money, gains to trade, and IS-LM," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 21, issue 2, pages 347-397, March, DOI: 10.1007/s00199-002-0296-5.
• Marie Amendola & Jean-Luc Gaffard, 2003, "Persistent unemployment and co-ordination issues: an evolutionary perspective," Journal of Evolutionary Economics, Springer, volume 13, issue 1, pages 1-27, February, DOI: 10.1007/s00191-003-0141-4.
• A. Hakan Kara, 2003, "Optimal Monetary Policy, Commitment, and Imperfect Credibility," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 0301.
• Yuksel Gormez & Christopher Houghton Budd, 2003, "Electronic Money Free Banking and Some Implications for Central Banking," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 0303.
• Jan Marc Berk & Beata K. Bierut, 2003, "Committee Structure and its Implications for Monetary Policy Decision-making," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 03-053/2, Jun.
• Eijffinger, S.C.W. & Stadhouders, P., 2003, "Monetary policy and the rule of law," Other publications TiSEM, Tilburg University, School of Economics and Management, number 06ec49a8-40ad-46cb-8040-c.
• C. Paul Hallwood & Ian W. Marsh, 2003, "Exchange Market Pressure on the Pound-Dollar Exchange Rate: 1925-1931," Working papers, University of Connecticut, Department of Economics, number 2003-23, Aug.
• Matías Tapia & Andrea Tokman, 2003, "Efectos de las intervenciones en el mercado cambiario: el caso de Chile," Estudios de Economia, University of Chile, Department of Economics, volume 30, issue 1 Year 20, pages 21-53, June.
• Meixing Dai & Moïse Sidiropoulos, 2003, "Règle du taux d’intérêt optimale, prix des actions et taux d’inflation anticip? : une étude de la stabilit? macroéconomique," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), volume 0, issue 4, pages 115-140, December.
• Giuseppe Diana & Moise Sidiropoulos, 2003, "Central Bank Independence, Speed of Disinflation and the Sacrifice Ratio," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2003-08.
• Joe Haslag & Joydeep Bhattacharya & Steven Russell, 2003, "Understanding the Roles of Money, or When is the Friedman Rule Optimal, and Why?," Working Papers, Department of Economics, University of Missouri, number 0301, Jan.
• Joe Haslag & Antoine Martin, 2003, "Optimality of the Friedman Rule in Overlapping Generations Model with Spatial Separation," Working Papers, Department of Economics, University of Missouri, number 0306, Jun.
• Jorge Braga de Macedo & Luis Catela Nunes & Luis Brites Pereira, 2003, "Central bank intervenyion under target zones: the portuguese escudo in the ERM," Nova SBE Working Paper Series, Universidade Nova de Lisboa, Nova School of Business and Economics, number wp435.
• Fernando Broner, 2003, "Discrete devaluations and multiple equilibria in a first generation model of currency crises," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 839, Nov, revised Jan 2007.
• Joerg Baumberger, 2003, "Aligning basic to intermediate macroeconomics to current central bank practice - new suggestions and some unfinished business," University of St. Gallen Department of Economics working paper series 2003, Department of Economics, University of St. Gallen, number 2003-10, Apr.
• Peter Howells & Iris Biefang-Frisancho Mariscal, 2003, "Central Bank Transparency: A Market Indicator," Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol, number 0305, May.
• Giovanni Verga, 2003, "II cambio dollaro/euro: fatti e interpretazioni," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 111, issue 2, pages 319-337.
• Berk, J.M. & Bierut, B.K., 2003, "Committee structure and its implications for monetary policy decision-making," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics, number 0006.
• Hall, Viv & Huang, Angela, 2003, "Would adopting the US dollar have led to improved inflation, output and trade balances, for New Zealand in the 1990s?," Working Paper Series, Victoria University of Wellington, School of Economics and Finance, number 33492.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," Finance, University Library of Munich, Germany, number 0311002, Nov.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," International Finance, University Library of Munich, Germany, number 0310002, Oct.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," International Finance, University Library of Munich, Germany, number 0311001, Nov.
• Giovanni Di Bartolomeo & Jacob Engwerda & Joseph Plasmans & Bas van Aarle, 2003, "Staying Together or Breaking Apart: Policy-Makers’ Endogenous Coalitions Formation in the European Economic and Monetary Union," Macroeconomics, University Library of Munich, Germany, number 0301002, Jan.
• Nicola Acocella & Giovanni Di Bartolomeo, 2003, "Is corporatism feasible?," Macroeconomics, University Library of Munich, Germany, number 0301003, Jan.
• Jose Ripoll, 2003, "National Appointments to Multinational Monetary Policy Making: A Role Conflict?," Macroeconomics, University Library of Munich, Germany, number 0301009, Jan.
• Ernst Schaumburg & Andrea Tambalotti, 2003, "An Investigation of the Gains from Commitment in Monetary Policy," Macroeconomics, University Library of Munich, Germany, number 0302004, Feb.
• Claus Brand & Hans-Eggert Reimers & Franz Seitz, 2003, "Narrow Money and the Business Cycle: Theoretical aspects and euro area evdence," Macroeconomics, University Library of Munich, Germany, number 0303012, Mar.
• Paolo Surico, 2003, "How does the ECB target inflation?," Macroeconomics, University Library of Munich, Germany, number 0305005, May.
• Philipp Maier & Paul Cavelaars, 2003, "EMU enlargement and convergence of price levels: Lessons from the German reunification," Macroeconomics, University Library of Munich, Germany, number 0306016, Jun.
• Alessandro Flamini, 2003, "CPI Inflation Targeting and Exchange Rate Pass-through," Macroeconomics, University Library of Munich, Germany, number 0306017, Jun.
• Nicola Acocella & Giovanni Di Bartolomeo & Douglas A. Jr. Hibbs, 2003, "Labor market regimes and monetary policy," Macroeconomics, University Library of Munich, Germany, number 0307012, Jul.
• Alejandro Diaz-Bautista & Julio R. Escandon, 2003, "A Simple Dynamic Model of Credit and Aggregate Demand," Macroeconomics, University Library of Munich, Germany, number 0308001, Aug.
• Jean-Paul Lam, 2003, "Alternative Targeting Regimes, Transmission lags and the Exchange rate Channel," Macroeconomics, University Library of Munich, Germany, number 0309005, Sep, revised 03 Dec 2003.
• Philipp Maier & Beata K. Bierut & Robert-Paul Berben, 2003, "The role of regional information in the optimal composition of a committee," Macroeconomics, University Library of Munich, Germany, number 0309014, Sep.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," Macroeconomics, University Library of Munich, Germany, number 0310010, Oct.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," Macroeconomics, University Library of Munich, Germany, number 0311001, Nov.
• Enrico Marchetti & Giovanni Di Bartolomeo, 2003, "Central Banks and Information Provided to the Private Sector," Macroeconomics, University Library of Munich, Germany, number 0311009, Nov.
• Eduardo Moron & Juan F. Castro, 2003, "Dedollarizing the Peruvian Economy," Macroeconomics, University Library of Munich, Germany, number 0312005, Dec.
• Florian Neagu, 2003, "Net Foreign Assets Management and Capital Account Liberalization. The Romanian Case," Others, University Library of Munich, Germany, number 0311001, Nov.
• Zan Oplotnik, 2003, "Eligibility Assessment of the Bank of Slovenia’s Adjustment Policy to Surges in Capital Flows," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, volume 6, issue 1-2, pages 83-102, May - Nov.
• Kajanoja, Lauri, 2003, "Money as an indicator variable for monetary policy when money demand is forward looking," Bank of Finland Research Discussion Papers, Bank of Finland, number 9/2003.
• Rantala, Anssi, 2003, "Labour market flexibility and policy coordination in a monetary union," Bank of Finland Research Discussion Papers, Bank of Finland, number 11/2003.
• Kilponen, Juha, 2003, "A Positive theory of monetary policy and robust control," Bank of Finland Research Discussion Papers, Bank of Finland, number 18/2003.
• Evans, George W. & Honkapohja, Seppo, 2003, "Policy interaction, expectation and the liquidity trap," Bank of Finland Research Discussion Papers, Bank of Finland, number 22/2003.
• Hasan, Iftekhar & Wall, Larry D., 2003, "Determinants of the loan loss allowance: some cross-country comparisons," Bank of Finland Research Discussion Papers, Bank of Finland, number 33/2003.
• Wesche, Katrin, 2003, "Monetary Policy in Europe: Evidence from Time-Varying Taylor Rules," Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE), number 21/2003.
• Borchert, Manfred, 2003, "The changing character of the European banking market," Beiträge zur angewandten Wirtschaftsforschung, University of Münster, Center of Applied Economic Research Münster (CAWM), number 1.
• Levin, Andrew & Wieland, Volker & Williams, John C., 2003, "The performance of forecast-based monetary policy rules under model uncertainty," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/06.
• Coenen, Guenter & Levin, Andrew & Wieland, Volker, 2003, "Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/07.
• Coenen, Guenter & Wieland, Volker, 2003, "A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/08.
• Coenen, Guenter & Wieland, Volker, 2003, "The Zero-Interest-Rate and the Role of the Exchange Rate for Monetary Policy in Japan," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/09.
• Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003, "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/13.
• Kurz, Mordecai & Jin, Hehui & Motolese, Maurizio, 2003, "The role of expectations in economic fluctuations and the efficacy of monetary policy," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/42.
• Cogley, Timothy W. & Morozov, Sergei & Sargent, Thomas J., 2003, "Bayesian fan charts for UK inflation: Forecasting and sources of uncertainty in an evolving monetary system," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/44.
• Muchlinski, Elke, 2003, "Against rigid rules: Keynes's economic theory," Discussion Papers, Free University Berlin, School of Business & Economics, number 2003/2.
• Reszat, Beate, 2003, "Japan's Financial Markets: The Lost Decade," HWWA Discussion Papers, Hamburg Institute of International Economics (HWWA), number 231.
• Frenkel, Michael & Pierdzioch, Christian & Stadtmann, Georg, 2003, "The Effects of Japanese Foreign Exchange Market Interventions on the Yen/U.S. Dollar Exchange Rate Volatility," Kiel Working Papers, Kiel Institute for the World Economy, number 1165.
• Hammermann, Felix, 2003, "Comparing Monetary Policy Strategies: Towards a Generalized Reaction Function," Kiel Working Papers, Kiel Institute for the World Economy, number 1170.
• Wiemers, Jürgen & Neyer, Ulrike, 2003, "Why do we have an interbank money market?," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 182/2003.
• Nielsen, Hannah, 2003, "Inflation Expectations in the EU: Results from Survey Data," SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes, number 2003,13.
• Michal Skorepa & Viktor Kotlan, 2003, "Inflation Targeting: To Forecast or to Simulate?," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2003/01, Jan.
• Katerina Smidkova, 2003, "Targeting Inflation under Uncertainty: Policy Makers' Perspective," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2003/02, Apr.
• Martin Cihak & Tomas Holub, 2003, "Price Convergence to the EU: What Do the 1999 ICP Data Tell Us?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/02, Feb.
• Tomas Holub & Martin Cihak, 2003, "Price Convergence: What Can the Balassa-Samuelson Model Tell Us?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/08, Dec.
• Lubos Komarek & Zdenek Cech & Roman Horvath, 2003, "Optimum Currency Area Indices - How Close is the Czech Republic to the Eurozone?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/10, Dec.
• Lubos Komarek & Zdenek Cech, Roman Horvath, 2003, "ERM II Membership - the View of the Accession Countries," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/11, Dec.
• Armando Baqueiro & Alejandro D�az de Le�n & Alberto Torres, 2003, "¿Temor a la flotación o a la inflación? La importancia del “traspaso” del tipo de cambio a los precios," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 64-94, DOI: 10.32468/Espe.4402.
• Sebastian Galiani & Daniel Heymann & Mariano Tommasi, 2003, "Great Expectations and Hard Times: The Argentine Convertibility Plan," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, volume 0, issue Spring 20, pages 109-160.
• Laurent LE MAUX, 2003, "Containing banking panics under tbe National Banking System: Discretion versus coordination," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 45, pages 139-160.
• Eijffinger, Sylvester & Stadhouders, Patrick, 2003, "Monetary Policy and the Rule of Law," CEPR Discussion Papers, Centre for Economic Policy Research, number 3698, Jan.
• Correia, Isabel & Teles, Pedro & Nicolini, Juan Pablo, 2003, "Optimal Fiscal and Monetary Policy: Equivalence Results," CEPR Discussion Papers, Centre for Economic Policy Research, number 3730, Feb.
• Acharya, Viral & Yorulmazer, Tanju, 2003, "Information Contagion and Inter-Bank Correlation in a Theory of Systemic Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 3743, Feb.
• Beetsma, Roel & Bovenberg, Lans, 2003, "Political Shocks, Public Debt and the Design of Monetary and Fiscal Institutions," CEPR Discussion Papers, Centre for Economic Policy Research, number 3753, Feb.
• Cukierman, Alex & Gerlach, Stefan, 2003, "The Inflation Bias Revisited: Theory and Some International Evidence," CEPR Discussion Papers, Centre for Economic Policy Research, number 3761, Feb.
• Nelson, Edward & Kara, Amit, 2003, "The Exchange Rate and Inflation in the UK," CEPR Discussion Papers, Centre for Economic Policy Research, number 3783, Feb.
• Levin, Andrew & Coenen, Günter & Wieland, Volker, 2003, "Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 3812, Mar.
• Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003, "Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero," CEPR Discussion Papers, Centre for Economic Policy Research, number 3892, May.
• Coricelli, Fabrizio & Jazbec, BoÅ¡tjan & Masten, Igor, 2003, "Exchange Rate Pass-Through in Candidate Countries," CEPR Discussion Papers, Centre for Economic Policy Research, number 3894, May.
• Coenen, Günter & Wieland, Volker, 2003, "The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan," CEPR Discussion Papers, Centre for Economic Policy Research, number 3895, May.
• Nelson, Edward, 2003, "The Future of Monetary Aggregates in Monetary Policy Analysis," CEPR Discussion Papers, Centre for Economic Policy Research, number 3897, May.
• Nelson, Edward, 2003, "Money and the Transmission Mechanism in the Optimizing IS-LM Specification," CEPR Discussion Papers, Centre for Economic Policy Research, number 3898, May.
• Kilian, Lutz & Manganelli, Simone, 2003, "The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks," CEPR Discussion Papers, Centre for Economic Policy Research, number 3918, Jun.
• Driffill, John & Rotondi, Zeno, 2003, "Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem," CEPR Discussion Papers, Centre for Economic Policy Research, number 3923, Jun.
• Honkapohja, Seppo & Evans, George W., 2003, "Policy Interaction, Expectation and Liquidity Trap," CEPR Discussion Papers, Centre for Economic Policy Research, number 3925, Jun.
• Vredin, Anders & Söderlind, Paul & Söderström, Ulf, 2003, "Taylor Rules and the Predictability of Interest Rates," CEPR Discussion Papers, Centre for Economic Policy Research, number 3934, May.
• Minford, Patrick & Srinivasan, Naveen, 2003, "Understanding the Opportunistic Approach to Disinflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 3938, Jun.
• Rochet, Jean Charles & Holthausen, Cornelia, 2003, "Efficient Pricing of Large Value Interbank Payment Systems," CEPR Discussion Papers, Centre for Economic Policy Research, number 3943, Jun.
• Eijffinger, Sylvester & Mujagic, Edin, 2003, "Independent Yet Cooperative: The ECB," CEPR Discussion Papers, Centre for Economic Policy Research, number 4013, Aug.
• Marimon, Ramon & Teles, Pedro & Nicolini, Juan Pablo, 2003, "Inside-Outside Money Competition," CEPR Discussion Papers, Centre for Economic Policy Research, number 4039, Sep.
• Aksoy, Yunus & Orphanides, Athanasios & Wieland, Volker & Wilcox, David & Small, David, 2003, "A Quantitative Exploration of the Opportunistic Approach to Disinflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 4073, Sep.
• Farmer, Roger & Beyer, Andreas, 2003, "Identifying the Monetary Transmission Mechanism Using Structural Breaks," CEPR Discussion Papers, Centre for Economic Policy Research, number 4106, Nov.
• Chadha, Jagjit S & Sarno, Lucio & Valente, Giorgio, 2003, "Monetary Policy Rules, Asset Prices and Exchange Rates," CEPR Discussion Papers, Centre for Economic Policy Research, number 4114, Nov.
• Hughes Hallett, Andrew & Demertzis, Maria, 2003, "Three Models of Imperfect Transparency in Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 4117, Nov.
• Ellison, Martin, 2003, "The Learning Cost of Interest Rate Reversals," CEPR Discussion Papers, Centre for Economic Policy Research, number 4135, Dec.
• Gersbach, Hans & Hahn, Volker, 2003, "Signalling and Commitment: Monetary versus Inflation Targeting," CEPR Discussion Papers, Centre for Economic Policy Research, number 4151, Dec.
• Andre, Nyembwe, 2003, "Monetary Policy, Credibility and Asymmetries : Small African Countries and the EMU Advent," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2003011, Jul, revised 06 Aug 2002.
• Ludovic AUBERT & Stéphane ADJEMIAN, 2003, "Cible d’inflation ou de niveau de prix : quelle option retenir pour la banque centrale dans un environnement “Nouveau Keynésien”?," Discussion Papers (REL - Recherches Economiques de Louvain), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2003033, Sep.
• Pradeep Dubey & John Geanakoplos, 2003, "Monetary Equilibrium with Missing Markets," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1389, Jan.
• Ioannis Karatzas & Martin Shubik & William D. Sudderth & John Geanakoplos, 2003, "The Harmonic Fisher Equation and the Inflationary Bias of Real Uncertainty," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1424, Jun.
• Pradeep Dubey & John Geanakoplos, 2003, "Real Determinacy with Nominal Assets," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1427, Jun.
• Pradeep Dubey & John Geanakoplos, 2003, "Real Determinacy with Nominal Assets," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 1427R, Jun, revised Nov 2004.
• Peter Bofinger & Eric Mayer, 2006, "The Svensson versus McCallum and Nelson Controversy Revisited in the BMW Framework," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 585.
• Sanchez-Fung Jose R., 2003, "Monetary Policy Reaction Dynamics In A Developing Economy: Evidence For The Dominican Republic," Applied Econometrics and International Development, Euro-American Association of Economic Development, volume 3, issue 1.
• Gerdesmeier, Dieter & Roffia, Barbara, 2003, "Empirical estimates of reaction functions for the euro area," Working Paper Series, European Central Bank, number 206, Jan.
• Cossin, Didier & González, Fernando & Huang, Zhijiang & Backé, Peter, 2003, "A framework for collateral risk control determination," Working Paper Series, European Central Bank, number 209, Jan.
• Ca' Zorzi, Michele & De Santis, Roberto A., 2003, "The admission of accession countries to an enlarged monetary union: a tentative assessment," Working Paper Series, European Central Bank, number 216, Feb.
• Wieland, Volker & Coenen, Günter, 2003, "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Working Paper Series, European Central Bank, number 218, Mar.
• Kilian, Lutz & Manganelli, Simone, 2003, "The central bank as a risk manager: quantifying and forecasting inflation risks," Working Paper Series, European Central Bank, number 226, Apr.
• Surico, Paolo, 2003, "How does the ECB target inflation?," Working Paper Series, European Central Bank, number 229, May.
• Orphanides, Athanasios & Wieland, Volker & Coenen, Günter, 2003, "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Working Paper Series, European Central Bank, number 231, May.
• Rich, Georg, 2003, "Swiss monetary policy targeting 1974-1996: the role of internal policy analysis," Working Paper Series, European Central Bank, number 236, Jun.
• Detken, Carsten & Gaspar, Ví­tor, 2003, "Maintaining price stability under free-floating: a fearless way out of the corner?," Working Paper Series, European Central Bank, number 241, Jul.
• Backé, Peter & Smets, Frank & Coenen, Günter, 2003, "Persistence, the transmission mechanism and robust monetary policy," Working Paper Series, European Central Bank, number 250, Aug.
• Brand, Claus & Reimers, Hans-Eggert & Seitz, Franz, 2003, "Forecasting real GDP: what role for narrow money?," Working Paper Series, European Central Bank, number 254, Sep.
• Coenen, Günter, 2003, "Zero lower bound: is it a problem in the euro area?," Working Paper Series, European Central Bank, number 269, Sep.
• Coenen, Günter, 2003, "Downward nominal wage rigidity and the long-run Philips Curve: simulation-based evidence for the euro area," Working Paper Series, European Central Bank, number 270, Sep.
• Klaeffling, Matt & López Pérez, Víctor, 2003, "Inflation targets and the liquidity trap," Working Paper Series, European Central Bank, number 272, Sep.
• Beyer, Andreas & Farmer, Roger E. A., 2003, "Identifying the monetary transmission mechanism using structural breaks," Working Paper Series, European Central Bank, number 275, Sep.
• Łyziak, Tomasz, 2003, "Consumer inflation expectations in Poland," Working Paper Series, European Central Bank, number 287, Nov.
• Sutherland, Alan & Lombardo, Giovanni, 2003, "Monetary and fiscal interactions in open economies," Working Paper Series, European Central Bank, number 289, Nov.
• Coenen, Günter, 2003, "Inflation persistence and robust monetary policy design," Working Paper Series, European Central Bank, number 290, Nov.
• Surico, Paolo, 2003, "Measuring the time-inconsistency of US monetary policy," Working Paper Series, European Central Bank, number 291, Nov.
• Freixas, Xavier & Rochet, Jean-Charles & Parigi, Bruno M., 2003, "The lender of last resort: a 21st century approach," Working Paper Series, European Central Bank, number 298, Dec.
• Huefner, Felix P & Friedrich Heinemann, 2003, "Is the View from the Eurotower Purely European? - National Divergence and ECB Interest Rate Policy," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 110, Jun.
• Kim, Dong Heon & Denise R Osborn & Marianne Sensier, 2003, "Nonlinearity in the Fed's Monetary Policy Rule," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 121, Jun.
• Knell, Markus, 2003, "Wage Formation in Open Economies and the Role of Monetary and Wage-Setting Institutions," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 124, Jun.
• Neyer, Ulrike, 2003, "Banks' Behaviour in the European Money Market and the Operational Framework of the Eurosystem," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 158, Jun.
• Rigon, Massimiliano, 2003, "Monetary Policy in Open Economies: Price Inertia and Inflation Targeting," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 173, Jun.
• Waisman, Gisela, 2003, "Decision making in the ECB's Governing Council - Should minutes and forecasts be published?," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 214, Jun.
• Castelnuovo, Efrem & Paolo Surico, 2003, "Why are Federal Funds Rates so Smooth?," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 39, Jun.
• Demertzis, Maria & Andrew Hughes Hallett, 2003, "Central Bank Transparency in Theory and Practice," Royal Economic Society Annual Conference 2003, Royal Economic Society, number 56, Jun.
• Berthold Herrendorf & Manfred J.M. Neumann, 2003, "The Political Economy of Inflation, Labour Market Distortions and Central Bank Independence," Economic Journal, Royal Economic Society, volume 113, issue 484, pages 43-64, January.
• Willem H. Buiter & Nikolaos Panigirtzoglou, 2003, "Overcoming the zero bound on nominal interest rates with negative interest on currency: gesell's solution," Economic Journal, Royal Economic Society, volume 113, issue 490, pages 723-746, October.
• Juan Ayuso & Rafael Repullo, 2003, "A Model of the Open Market Operations of the European Central Bank," Economic Journal, Royal Economic Society, volume 113, issue 490, pages 883-902, October.
• Batini, Nicoletta & Harrison, Richard & Millard, Stephen P., 2003, "Monetary policy rules for an open economy," Journal of Economic Dynamics and Control, Elsevier, volume 27, issue 11-12, pages 2059-2094, September.
• Batini, Nicoletta & Harrison, Richard & Millard, Stephen P., 2003, "Monetary policy rules for an open economy," Journal of Economic Dynamics and Control, Elsevier, volume 27, issue 11, pages 2059-2094, DOI: 10.1016/S0165-1889(02)00116-1.
• Ramkishen Rajan & Reza Siregar & Graham Bird, 2003, "Examining the case for Reserve Pooling in East Asia: Empirical Analysis," Centre for International Economic Studies Working Papers, University of Adelaide, Centre for International Economic Studies, number 2003-23, Sep.
• Andrew Levin & Volker Wieland & John C. Williams, 2003, "The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty," American Economic Review, American Economic Association, volume 93, issue 3, pages 622-645, June, DOI: 10.1257/000282803322157016.
• Lars E. O. Svensson, 2003, "What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules," Journal of Economic Literature, American Economic Association, volume 41, issue 2, pages 426-477, June.
• Carlos Eduardo Carvalho, 2003, "O fracasso do Plano Collor: erros de execução ou de concepção?," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 4, issue 2, pages 283-331, July-Dece.
• BORGHIJS, Alain & DI BARTOLOMEO, Giovanni & MERLEVEDE, Bruno, 2003, "Inflation and unemployment in OECD countries: The role of political ideologies, central bank independance and industrial relations," Working Papers, University of Antwerp, Faculty of Business and Economics, number 2003001, Feb.
• DI BARTOLOMEO, Giovanni & ENGWERDA, Jacob & PLASMANS, Joseph & VAN AARLE, Bas, 2003, "Macroeconomic stabilisation policies in the EMU: Spillovers, asymmetries and institutions," Working Papers, University of Antwerp, Faculty of Business and Economics, number 2003019, Jun.
• Jesus Rodriguez Lopez & Hugo Rodriguez Mendizabal, 2003, "How tight should one's hands be tied? Fear of floating and credibility of exchange rate regimes," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), number 593.03, Oct.
• Denise Côté & John Kuszczak & Jean-Paul Lam & Ying Liu & Pierre St-Amant, 2003, "A Comparison of Twelve Macroeconomic Models of the Canadian Economy," Technical Reports, Bank of Canada, number 94, DOI: 10.34989/tr-94.
• Scott Hendry & Wai-Ming Ho & Kevin Moran, 2003, "Simple Monetary Policy Rules in an Open-Economy, Limited-Participation Model," Staff Working Papers, Bank of Canada, number 03-38, DOI: 10.34989/swp-2003-38.
• Jean-Paul Lam, 2003, "Alternative Targeting Regimes, Transmission Lags, and the Exchange Rate Channel," Staff Working Papers, Bank of Canada, number 03-39, DOI: 10.34989/swp-2003-39.
• Raphael Solomon, 2003, "Anatomy of a Twin Crisis," Staff Working Papers, Bank of Canada, number 03-41, DOI: 10.34989/swp-2003-41.
• Patrick Lünnemann & Abdelaziz Rouabah, 2003, "Règle de Taylor: estimation et interprétation pour la zone euro et pour le Luxembourg," BCL working papers, Central Bank of Luxembourg, number 9, Oct.
• Sergio Clavijo & Carlos Varela, 2003, "Flotación Cambiaria y Esterilización Monetaria: La Experiencia de Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 256, Aug, DOI: 10.32468/be.256.
• Armando Baqueiro & Alejandro Díaz de León & Alberto Torres, 2003, "¿Temor a la flotación o a la inflación? La importancia del “traspaso” del tipo de cambio a los precios," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 21, issue 44, pages 64-94, December, DOI: 10.32468/Espe.4402.