Research classified by Journal of Economic Literature (JEL) codes

1. Exchange Rate Economics

2003

• Roman Frydman & Michael D. Goldberg, 2003, "Imperfect Knowledge and Asset Price Dynamics: Modeling the Forecasting of Rational Agents, Dynamic Prospect Theory and Uncertainty Premia on Foreign Exchange," Discussion Papers, University of Copenhagen. Department of Economics, number 03-31, Jun.
• Katarina Juselius & Ronald MacDonald, 2003, "International Parity Relationships Between Germany and the United States: A Joint Modelling Approach," FRU Working Papers, University of Copenhagen. Department of Economics. Finance Research Unit, number 2004/08, Oct.
• Riku Kinnunen, 2003, "A Model of a Double Standard Exchange Rate System," Working Papers, University of Liverpool, Department of Economics, number 2003_05, May.
• Flandreau, Marc & Komlos, John, 2003, "Target Zones in History and Theory: Lessons from an Austro-Hungarian Experiment (1896-1914)," Discussion Papers in Economics, University of Munich, Department of Economics, number 75, Jul.
• Sven W. Arndt, 2003, "Global Production Networks and Regional Integration," Working Papers, Lowe Institute of Political Economy, number 0301.
• Eric Hillebrand, 2003, "The Effects of Japanese Foreign Exchange Intervention: GARCH Estimation and Change Point Detection," Departmental Working Papers, Department of Economics, Louisiana State University, number 2003-10, Oct.
• Roche, M. & McQuinn, K., 2003, "Efficient allocation of land in a decoupled world," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n1190103, Jan.
• Simon Broome, 2003, "Limited Reserves and the Optimal Width of an Exchange Rate Target zone," Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth, number n1220803, Aug.
• Kathryn M. E. Dominguez, 2003, "When Do Central Bank Interventions Influence Intra-Daily and Longer-Term Exchange Rate Movements?," Working Papers, Research Seminar in International Economics, University of Michigan, number 506.
• Pavlova, Anna & Rigobon, Roberto, 2003, "Asset Prices and Exchange Rates," Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management, number 4322-03, Aug.
• Péter Benczúr, 2003, "The behavior of the nominal exchange rate at the beginning of disinflations," MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary), number 2003/1.
• Atish R. Ghosh & Anne-Marie Gulde & Holger C. Wolf, 2003, "Exchange Rate Regimes: Choices and Consequences," MIT Press Books, The MIT Press, number 0262072408, edition 1, ISBN: ARRAY(0x8ab568a0), December.
• Sean Michael Snaith, 2003, "Real Exchange Rate Variation and Failure of the Law of One Price: Does Geography Matter?," Journal of Economic Insight, Missouri Valley Economic Association, volume 29, issue 2, pages 1-20.
• Michael D. Bordo & Marc Flandreau, 2003, "Core, Periphery, Exchange Rate Regimes, and Globalization," NBER Chapters, National Bureau of Economic Research, Inc, "Globalization in Historical Perspective".
• A. Craig Burnside & Martin S. Eichenbaum & Sergio Rebelo, 2003, "On the Fiscal Implications of Twin Crises," NBER Chapters, National Bureau of Economic Research, Inc, "Managing Currency Crises in Emerging Markets".
• Carmen M. Reinhart & Kenneth S. Rogoff & Miguel A. Savastano, 2003, "Addicted to Dollars," NBER Working Papers, National Bureau of Economic Research, Inc, number 10015, Oct.
• Yin-Wong Cheung & Menzie D. Chinn & Eiji Fujii, 2003, "The Chinese Economies in Global Context: The Integration Process and Its Determinants," NBER Working Papers, National Bureau of Economic Research, Inc, number 10047, Oct.
• Graciela L. Kaminsky & Carmen Reinhart & Carlos A. Vegh, 2003, "The Unholy Trinity of Financial Contagion," NBER Working Papers, National Bureau of Economic Research, Inc, number 10061, Nov.
• David C. Parsley & Shang-Jin Wei, 2003, "A Prism into the PPP Puzzles: The Micro-foundations of Big Mac Real Exchange Rates," NBER Working Papers, National Bureau of Economic Research, Inc, number 10074, Nov.
• Graciela L. Kaminsky, 2003, "Varieties of Currency Crises," NBER Working Papers, National Bureau of Economic Research, Inc, number 10193, Dec.
• Lars E.O. Svensson, 2003, "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," NBER Working Papers, National Bureau of Economic Research, Inc, number 10195, Dec.
• Carlos Noton Norambuena, 2003, "The pass-through from depreciation to inflation: Chile 1986-2001," Estudios de Economia, University of Chile, Department of Economics, volume 30, issue 1 Year 20, pages 133-155, June.
• 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.
• Carlos Noton, 2003, "The Pass-through from Depreciation to Inflation: Chile 1986-2001," Working Papers, University of Chile, Department of Economics, number wp202, Dec.
• Michel Beine & Bertrand Candelon & Khalid Sekkat, 2003, "EMU membership and business cycle phases in Europe: a Markov switching VAR analysis," ULB Institutional Repository, ULB -- Universite Libre de Bruxelles, number 2013/10441.
• 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.
• Beine, M. & Laurent, S. & Palm, F.C., 2003, "Central bank FOREX interventions assessed using realized moments," Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR), number 043, Jan, DOI: 10.26481/umamet.2003043.
• 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.
• Felix P. Hüfner & Michael Schröder, 2003, "Exchange Rate Pass-Through to Consumer Prices: A European Perspective," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, volume 58, issue 03, pages 383-412, September.
• Matias Vernengo, 2003, "Balance of Payments Constraint and Inflation," Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics, number 2003_06.
• Mototsugu Shintani, 2003, "Nonlinear Forecasting Analysis Using Diffusion Indexes: An Application to Japan," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 0322, Oct, revised Apr 2004.
• Jesús Crespo-Cuaresma & Jarko Fidrmuc & Ronald MacDonald, 2003, "The Monetary Approach to Exchange Rates in the CEECs Relations and Output Performance," Vienna Economics Papers, University of Vienna, Department of Economics, number vie0313, Aug.
• Imed Drine & Christophe Rault, 2003, "A re-examination of the Purchasing Power Parity using non-stationary dynamic panel methods : a comparative approach for developing and developed countries," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 2003-570, Apr.
• Imed Drine & Christophe Rault, 2003, "On the long-run determinants of real exchange rates for developing countries : Evidence from Africa, Latin America and Asia," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 2003-571, May.
• Marcos A. Buscaglia, 2003, "The Political-Economy of Argentina???s Debacle," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 2003-594, Apr.
• Juraj Valachy & Ev??en Ko?enda, 2003, "Exchange Rate Regimes and Volatility: Comparison of the Snake and Visegrad," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan, number 2003-622, Oct.
• Waltraut Urban, 2003, "Booming Chinese economy overshadowed by SARS," wiiw China Report, The Vienna Institute for International Economic Studies, wiiw, number 2003-1, Aug.
• Janet Ceglowski, 2003, "The law of one price: intranational evidence for Canada," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 36, issue 2, pages 373-400, May, DOI: 10.1111/1540-5982.t01-1-00005.
• Richard Clay Barnett, 2003, "Smuggling, non‐fundamental uncertainty, and parallel market exchange rate volatility," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 36, issue 3, pages 701-727, August, DOI: 10.1111/1540-5982.t01-2-00009.
• Chu‐Sheng Tai, 2003, "Looking for contagion in currency futures markets," Journal of Futures Markets, John Wiley & Sons, Ltd., volume 23, issue 10, pages 957-988, October.
• Ronald McKinnon & Gunther Schnabl, 2003, "The East Asian Dollar Standard, Fear of Floating, and Original Sin," Working Papers, Stanford University, Department of Economics, number 03001, Jan.
• Ronald McKinnon & Gunther Schnabl, 2003, "China: A Stabilizing or Deflationary Influence in East Asia? The Problem of Conflicted Virtue," Working Papers, Stanford University, Department of Economics, number 03007, May.
• Evzen Kocenda, 2003, "An Alternative to the BDS Test: Integration Across The Correlation Integral," Econometrics, University Library of Munich, Germany, number 0301004, Jan.
• Gilles DUFRENOT & Elisabeth GRIMAUD & Eug=E9nie LATIL & Val=E9rie MIGNON, 2003, "Real exhange rate misalignment in Hungary: a fractionally integrated=20 threshold model," Econometrics, University Library of Munich, Germany, number 0309001, Sep.
• Christina E. Bannier, 2003, "Privacy or Publicity - Who Drives the Wheel?," Game Theory and Information, University Library of Munich, Germany, number 0309006, Sep.
• Liew Khim Sen & Ahmad Zubaidi Baharumshah, 2003, "Forecasting Performance of Logistic STAR Exchange Rate Model: The Original and Reparameterised Versions," GE, Growth, Math methods, University Library of Munich, Germany, number 0308001, Aug.
• Shiu-Sheng Chen, 2003, "Revisiting the Interest Rate-Exchange Rate Nexus: A Markov Switching Approach," International Finance, University Library of Munich, Germany, number 0303002, Mar, revised 05 Apr 2003.
• Maurice Obstfeld, 2003, "Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics," International Finance, University Library of Munich, Germany, number 0303004, Mar.
• Christoph Pasternak, 2003, "The Signals Approach as an Early Warning System for Currency Crises. An Application to Transition Economies - with special emphasis on Poland," International Finance, University Library of Munich, Germany, number 0304001, Apr.
• Venus Khim-sen Liew & Ahmad Zubaidi Baharumshah & Terence Tai-leung Chong, 2003, "Are Asian Real Exchange Rates Stationary?," International Finance, University Library of Munich, Germany, number 0307002, Jul, revised 01 Nov 2004.
• Ahmad Zubaidi Baharumshah & Liew Khim Sen, 2003, "The Predictability of ASEAN-5 Exchange Rates," International Finance, University Library of Munich, Germany, number 0307004, Jul.
• Venus Khim-Sen Liew, 2003, "The Validity of PPP Revisited: An Application of Non-linear Unit Root Test," International Finance, University Library of Munich, Germany, number 0308001, Aug.
• Venus Khim-Sen Liew & Ahmad Zubaidi Baharumshah & Kian-Ping Lim, 2003, "On Singaporean Dollar-U.S. Dollar and Purchasing Power Parity," International Finance, University Library of Munich, Germany, number 0309001, Sep, revised 01 Nov 2004.
• Gilles DUFRENOT & Laurent MATHIEU & Val=E9rie MIGNON & Anne PEGUIN-FEISSOLE, 2003, "Persistent misalignments of the European exchanges rates: some evidence from nonlinear cointegration," International Finance, University Library of Munich, Germany, number 0309003, Sep.
• Christina E. Bannier, 2003, "Private and Public Information in Self-Fulfilling Currency Crises," International Finance, University Library of Munich, Germany, number 0309006, Sep.
• Christina Bannier, 2003, "The Role of Information Disparity in the 1994/95 Mexican Peso," International Finance, University Library of Munich, Germany, number 0310001, Oct.
• James R. Lothian & Cornelia H. McCarthy, 2003, "Real Exchange Rate Behavior Under Floating and Fixed Regimes," International Finance, University Library of Munich, Germany, number 0311006, Nov.
• James R. Lothian & Cornelia H. McCarthy, 2003, "Currency Union and Real Exchange Rate Behavior," International Finance, University Library of Munich, Germany, number 0311008, Nov.
• James R. Lothian & Liuren Wu, 2003, "Uncovered Interest Rate Parity Over the Past Two Centuries," International Finance, University Library of Munich, Germany, number 0311009, Nov.
• Venus Khim-Sen Liew & Kian-Ping Lim & Evan Lau & Chee-Keong Choong, 2003, "Exchange Rate – Relative Price Relationship: Nonlinear Evidence from Malaysia," International Finance, University Library of Munich, Germany, number 0311014, Nov.
• Venus Khim-Sen Liew & Kian-Ping Lim & Evan Lau & Chee-Keong Choong, 2003, "Exchange Rate – Relative Price Relationship: Nonlinear Evidence from Malaysia," International Finance, University Library of Munich, Germany, number 0312001, Dec.
• Khim-sen Liew & Kian-Ping Lim & Huzaimi Hussain, 2003, "Exchange Rate and Trade Balance Relationship: The Experience of ASEAN Countries," International Trade, University Library of Munich, Germany, number 0307003, Jul.
• Ahmad Zubaidi Baharumshah & Venus Khim-Sen Liew & Evan Lau, 2003, "Nonlinear Mean Reversion in Real Exchange Rates: Evidence from the ASEAN-5," International Trade, University Library of Munich, Germany, number 0308001, Aug.
• Luciano Gutierrez, 2003, "PPP May not Hold for Agricultural Commodities," International Trade, University Library of Munich, Germany, number 0309022, Sep.
• Tuomas Komulainen & ) & Johanna Lukkarila, 2003, "What drives financial crises in emerging markets?," Macroeconomics, University Library of Munich, Germany, number 0304010, Apr.
• Claude Lopez & David H. Papell, 2003, "Convergence to Purchasing Power Parity at the Commencement of the Euro," Macroeconomics, University Library of Munich, Germany, number 0310008, Oct.
• Syed A. Basher & Mohammed Mohsin, 2003, ""PPP tests in cointegrated panels: Evidence from Asian developing countries"," Macroeconomics, University Library of Munich, Germany, number 0310012, Oct.
• Syed A. Basher & Mohammed Mohsin, 2003, ""PPP tests in cointegrated panels: Evidence from Asian developing countries"," Macroeconomics, University Library of Munich, Germany, number 0310013, Oct.
• 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.
• Komulainen, Tuomas & Lukkarila, Johanna, 2003, "What drives financial crises in emerging markets?," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 5/2003.
• Rahn, Jörg, 2003, "Bilateral equilibrium exchange rates of EU accession countries against the euro," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 11/2003.
• Crespo Cuaresma, Jesús & Fidrmuc, Jarko & MacDonald, Ronald, 2003, "The monetary approach to exchange rates in the CEECs," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 14/2003.
• Lukkarila, Johanna, 2003, "Aasian, Venäjän ja Turkin rahoituskriisien vertailua," Bank of Finland Research Discussion Papers, Bank of Finland, number 3/2003.
• Lux, Thomas & Schornstein, Sascha, 2003, "Genetic learning as an explanation of stylized facts of foreign exchange markets," Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics, number 2003-12.
• Reitz, Stefan & Westerhoff, Frank, 2003, "Nonlinearities and Cyclical Behavior: The Role of Chartists and Fundamentalists," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/10.
• Ahrens, Ralf & Reitz, Stefan, 2003, "Heterogeneous Expectations in the Foreign Exchange Market Evidence from the Daily Dollar/DM Exchange Rate," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/11.
• Bannier, Christina E., 2003, "Privacy or Publicity - Who Drives the Wheel?," CFS Working Paper Series, Center for Financial Studies (CFS), number 2003/29.
• Entorf, Horst & Jamin, Gösta, 2003, "The dollar and the German stock market: determination of exposure to and pricing of exchange rate risk using APT-modelling," Darmstadt Discussion Papers in Economics, Darmstadt University of Technology, Department of Law and Economics, number 127.
• Entorf, Horst & Jamin, Gösta, 2003, "German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs," Darmstadt Discussion Papers in Economics, Darmstadt University of Technology, Department of Law and Economics, number 126.
• Ritter, Raymond, 2003, "Sudden Stops in Capital Inflows and the Design of Exchange Rate Regimes," HWWA Discussion Papers, Hamburg Institute of International Economics (HWWA), number 213.
• Antzoulatos, Angelos A. & Wilfling, Bernd, 2003, "Exchange and Interest Rates prior to EMU: The Case of Greece," HWWA Discussion Papers, Hamburg Institute of International Economics (HWWA), number 244.
• Pierdzioch, Christian, 2003, "Noise Trading and the Effects of Monetary Policy Shocks on Nominal and Real Exchange Rates," Kiel Working Papers, Kiel Institute for the World Economy, number 1140.
• Pierdzioch, Christian & Stadtmann, Georg, 2003, "The effectiveness of the interventions of the Swiss National Bank: an event-study analysis," Kiel Working Papers, Kiel Institute for the World Economy, number 1160.
• Buch, Claudia M. & Pierdzioch, Christian, 2003, "The Integration of Imperfect Financial Markets: Implications for Business Cycle Volatility," Kiel Working Papers, Kiel Institute for the World Economy, number 1161.
• 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.
• Herwartz, Helmut, 2003, "On the (nonlinear) relationship between exchange rate uncertainty and trade: An investigation of US trade figures in the Group of Seven," SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes, number 2003,2.
• Broll, Udo & Gilroy, B. Michael & Wahl, Jack E., 2003, "Information, unternehmensinterne Kommunikation und Risikopolitik," Dresden Discussion Paper Series in Economics, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics, number 06/03.
• Broll, Udo & Eckwert, Bernhard, 2003, "Transparency in the foreign exchange market and the volume of international trade," Dresden Discussion Paper Series in Economics, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics, number 14/03.
• Schnabl, Gunther, 2003, "China: a stabilizing or deflationary influence in East Asia?The problem of conflicted virtue," Tübinger Diskussionsbeiträge, University of Tübingen, School of Business and Economics, number 263.
• Schnabl, Gunther, 2003, "De jure versus de facto: Exchange rate stabilization in Central and Eastern Europe," Tübinger Diskussionsbeiträge, University of Tübingen, School of Business and Economics, number 269.
• Schmidt, Robert, 2003, "Zur Qualität professioneller Wechselkursprognosen," W.E.P. - Würzburg Economic Papers, University of Würzburg, Department of Economics, number 36.
• Bofinger, Peter & Schmidt, Robert, 2003, "Should one rely on professional exchange rate forecasts: An empirical analysis of professional forecasts for the €/US-$ rate," W.E.P. - Würzburg Economic Papers, University of Würzburg, Department of Economics, number 38.
• Leitner, Johannes & Schmidt, Robert & Bofinger, Peter, 2003, "Biases of professional exchange rate forecasts: Psychological explanations and an experimentally based comparison to novices," W.E.P. - Würzburg Economic Papers, University of Würzburg, Department of Economics, number 39.
• Louise Allsopp & Ralf Zurbruegg, 2003, "Purchasing Power Parity and the Impact of the East Asian Currency Crisis," Centre for International Economic Studies Working Papers, University of Adelaide, Centre for International Economic Studies, number 2003-03, Mar.
• 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.
• Eduardo Levy-Yeyati & Federico Sturzenegger, 2003, "To Float or to Fix: Evidence on the Impact of Exchange Rate Regimes on Growth," American Economic Review, American Economic Association, volume 93, issue 4, pages 1173-1193, September.
• Lars E.O. Svensson, 2003, "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," Journal of Economic Perspectives, American Economic Association, volume 17, issue 4, pages 145-166, Fall.
• Graciela L. Kaminsky & Carmen M. Reinhart & Carlos A. Végh, 2003, "The Unholy Trinity of Financial Contagion," Journal of Economic Perspectives, American Economic Association, volume 17, issue 4, pages 51-74, Fall.
• Antzoulatos, Angelos A. & Wilfling, Bernd, 2003, "Exchange and Interest Rates prior to EMU: The Case of Greece," Discussion Paper Series, Hamburg Institute of International Economics, number 26325, DOI: 10.22004/ag.econ.26325.
• Diks, C.G.H. & Weide, R. van der, 2003, "Herding, A-synchronous Updating and Heterogeneity in Memory in a CBS," CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, number 03-06.
• Inez Sílvia Batista Castro & José Carlos de Lacerda Leite, 2003, "Estimando Probabilidades de Ocorrência de Crises Cambiais no Brasil," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number c05.
• 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.
• Steve Ambler & Ali Dib & Nooman Rebei, 2003, "Nominal Rigidities and Exchange Rate Pass-Through in a Structural Model of a Small Open Economy," Staff Working Papers, Bank of Canada, number 03-29, DOI: 10.34989/swp-2003-29.
• René Lalonde & Patrick Sabourin, 2003, "Modélisation et prévision du taux de change réel effectif américain," Staff Working Papers, Bank of Canada, number 03-3, DOI: 10.34989/swp-2003-3.
• Hafedh Bouakez, 2003, "Real Exchange Rate Persistence in Dynamic General-Equilibrium Sticky-Price Models: An Analytical Characterization," Staff Working Papers, Bank of Canada, number 03-35, DOI: 10.34989/swp-2003-35.
• 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.
• Enrique Alberola, 2003, "Misalignment, liabilities dollarization and exchange rate adjustment in Latin America," Working Papers, Banco de España, number 0309, Aug.
• Juan Carlos Berganza & Roberto Chang & Alicia García Herrero, 2003, "Balance sheet effects and the country risk premium: an empirical investigation," Working Papers, Banco de España, number 0316, Dec.
• 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.
• Hugo Oliveros C. & Carlos Huertas C., 2003, "Desequilibrios nominales y reales del tipo de cambio en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 21, issue 43, pages 32-65, June, DOI: 10.32468/Espe.4302.
• Groen, Jan J J & Kleibergen, Frank, 2003, "Likelihood-Based Cointegration Analysis in Panels of Vector Error-Correction Models," Journal of Business & Economic Statistics, American Statistical Association, volume 21, issue 2, pages 295-318, April.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2015, "On the Choice of an Exchange Rate Regime: Target Zones Revisited," Working Papers, Barcelona School of Economics, number 87, Sep.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2015, "How Tight Should One's Hands Be Tied? Fear of Floating and Credibility of Exchange Rate Regimes," Working Papers, Barcelona School of Economics, number 96, Sep.
• Carmen M. Reinhart & Kenneth S. Rogoff & Miguel A. Savastano, 2003, "Debt Intolerance," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, volume 34, issue 1, pages 1-74.
• Corrinne Ho & Robert N. McCauley, 2003, "Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies," BIS Working Papers, Bank for International Settlements, number 130, Feb.
• Mark Zbaracki & Mark Ritson & Daniel Levy & Shantanu Dutta & Mark Bergen, 2003, "Managerial and Customer Costs of Price Adjustment: Direct Evidence from Industrial Markets," Working Papers, Bar-Ilan University, Department of Economics, number 2003-07, Sep.
• Bernd Wilfling, 2003, "Interest Rate Volatility Prior to Monetary Union under Alternative Pre‐Switch Regimes," German Economic Review, Verein für Socialpolitik, volume 4, issue 4, pages 433-457, November, DOI: 10.1111/j.1465-6485.2003.00088.x.
• Jeannine Bailliu & Robert Lafrance & Jean‐François Perrault, 2003, "Does Exchange Rate Policy Matter for Growth?," International Finance, Wiley Blackwell, volume 6, issue 3, pages 381-414, November, DOI: 10.1111/j.1367-0271.2003.00123.x.
• Peter Carr & Liuren Wu, 2003, "The Finite Moment Log Stable Process and Option Pricing," Journal of Finance, American Finance Association, volume 58, issue 2, pages 753-777, April, DOI: 10.1111/1540-6261.00544.
• Ronald McKinnon & Gunther Schnabl, 2003, "Synchronised Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate," The World Economy, Wiley Blackwell, volume 26, issue 8, pages 1067-1088, August, DOI: 10.1111/1467-9701.00563.
• Luis Fernando Escobar Patiño & Pablo Mendieta Ossio, 2003, "Inflación y depreciación en una economía dolarizada. El caso de Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, volume 6, issue 2-1, pages 7-50, December.
• María Angélica Aguilar Marquez, 2003, "Estimación del Tipo de Cambio Real de Equilibrio para Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, volume 6, issue 1, pages 41-71, June.
• Juan Antonio Morales Anaya, 2003, "Dollarization of assets and liabilities: Problem or solution?. The case of Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, volume 6, issue 1, pages 7-39, June.
• Geir Hoidal Bjonnes & Dagfinn Rime & Haakon O. Aa. Solheim, 2003, "Volume and Volatility in the FX Market: Does it matter who you are?," Working Paper, Norges Bank, number 2003/7, Aug.
• Geir Hoidal Bjonnes & Dagfinn Rime, 2003, "Dealer Behavior and Trading Systems in Foreign Exchange Markets," Working Paper, Norges Bank, number 2003/10, Nov.
• Wilfling Bernd, 2003, "Interest Rate Volatility Prior to Monetary Union under Alternative Pre-Switch Regimes," German Economic Review, De Gruyter, volume 4, issue 4, pages 433-457, December, DOI: 10.1111/j.1465-6485.2003.00088.x.
• Andrea Terzi, 2003, "Is a transactions tax an effective means to stabilize the foreign exchange market?," Working Papers (-2012), University of Bergamo, Department of Economics, number 0303.
• Jérôme Teiletche, 2003, "Le taux de change euro/dollar. Une perspective de long terme," Revue économique, Presses de Sciences-Po, volume 54, issue 2, pages 295-319.
• Virginie Coudert & Cécile Couharde, 2003, "Exchange Rate Regimes and Sustainable Parities for ceecs in the Run-up to emu Membership," Revue économique, Presses de Sciences-Po, volume 54, issue 5, pages 983-1012.
• Marie Bessec & François-Mathieu Robineau, 2003, "Comportements chartistes et fondamentalistes. Coexistence ou domination alternative sur le marché des changes?," Revue économique, Presses de Sciences-Po, volume 54, issue 6, pages 1213-1238.
• Robert Feenstra & Paul Bergin, 2003, "Pricing To Market, Staggered Contracts, And Real Exchange Rate Persistence," Working Papers, University of California, Davis, Department of Economics, number 219, Jan.
• Oscar Jorda & Massimiliano Marcellino, 2003, "Time-Scale Transformations of Discrete-Time Processes," Working Papers, University of California, Davis, Department of Economics, number 65, Feb.
• Wagner, Niklas & Marsh, Terry A., 2003, "Measuring Tail Thickness under GARCH and an Application to Extremal Exchange Rate Changes," Research Program in Finance, Working Paper Series, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley, number qt7pb301tr, Jun.
• Cheung, Yin-Wong & Chinn, Menzie & Fujii, Eiji, 2003, "China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt01g0h0q2, Jun.
• Fatum, Rasmus & Hutchison, Michael M., 2003, "Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt2883n7z5, Nov.
• Fatum, Rasmus & Scholnick, Barry, 2003, "Do Exchange Rates Respond to Day-to-Day Changes in Monetary Policy Expectations? Evidence from the Federal Funds Futures Market," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt4cc3291n, May.
• Cheung, Yin-Wong & Chinn, Menzie & Garcia Pascual, Antonio, 2003, "Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive?," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt5fc508pt, Jun.
• Cheung, Yin-Wong & Chinn, Menzie & Fujii, Eiji, 2003, "The Chinese Economies in Global Context: The Integration Process and Its Determinants," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt89s3z523, Jun.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2003, "How Tight Should Central Bank’s Hands be Tied? Credibility, Volatility and the Optimal Band Width of a Target Zone," Economic Working Papers at Centro de Estudios Andaluces, Centro de Estudios Andaluces, number E2003/24.
• Francisco Ledesma-Rodríguez & Manuel Navarro-Ibáñez & Jorge Pérez-Rodríguez & Simón Sosvilla-Rivero, 2003, "On the Credibility of a Target Zone: Evidence from the EMS," Economic Working Papers at Centro de Estudios Andaluces, Centro de Estudios Andaluces, number E2003/33.
• E. Sibel Yelten, 2003, "Real Effects of Movements in Nominal Exchange Rates: Application to the Asian Crisis," Journal of Applied Economics, Universidad del CEMA, volume 6, pages 341-359, November.
• Bas van Aarle & Harry Garretsen & Florence Huart & Bas Van Aarle, 2003, "Transatlantic Monetary and Fiscal Policy Interaction," CESifo Working Paper Series, CESifo, number 1042.
• Mathias Hoffmann & Ronald MacDonald, 2003, "A Re-examination of the Link between Real Exchange Rates and Real Interest Rate Differentials," CESifo Working Paper Series, CESifo, number 894.
• Martin D. D. Evans & Richard K. Lyons, 2003, "Are Different-Currency Assets Imperfect Substitutes?," CESifo Working Paper Series, CESifo, number 978.
• Peter Bofinger & Robert Schmidt, 2003, "Wie gut sind professionelle Wechselkursprognosen?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 17, pages 7-14, September.
• Timo Wollmershäuser, 2003, "Sterilisierte Devisenmarktinterventionen - ein umstrittenes währungspolitisches Instrument," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 19, pages 34-44, October.
• Matías Tapia & Andrea Tokman, 2003, "Efectos de las Intervenciones en el Mercado Cambiario: El Caso de Chile," Working Papers Central Bank of Chile, Central Bank of Chile, number 206, Mar.
• Jorge Selaive & Vicente Tuesta, 2003, "Net Foreign Assets And Imperfect Financial Integration: An Empirical Approach," Working Papers Central Bank of Chile, Central Bank of Chile, number 252, Dec.
• Balazs Egert & Amina Lahrèche-Revil, 2003, "Estimating the Fundamental Equilibrium Exchange Rate of Central and Eastern European Countries; The EMU Enlargement Perspective," Working Papers, CEPII research center, number 2003-05, Jun.
• Michel Beine & Agnès Bénassy-Quéré & Hélène Colas, 2003, "Imitation Amongst Exchange-Rate Forecasters: Evidence from Survey Data," Working Papers, CEPII research center, number 2003-08, Jul.
• Bronka Rzepkowski, 2003, "Order Flows, Delta Hedging and Exchange Rate Dynamics," Working Papers, CEPII research center, number 2003-18, Dec.
• Agnès Bénassy-Quéré & Amina Lahrèche-Revil, 2003, "Trade Linkages and Exchange Rates in Asia: The Role of China," Working Papers, CEPII research center, number 2003-21, Dec.
• Michel Aglietta & Camille Baulant & Sandra Moatti, 2003, "Les PECO devant la tentation de l'euro," Economie Internationale, CEPII research center, issue 93, pages 11-36.
• Patrick Artus, 2003, "L'entree des PECO dans la zone euro : quels effets sur le bien-être ?," Economie Internationale, CEPII research center, issue 93, pages 37-58.
• Richard K. Lyons, 2003, "Explaining and Forecasting Exchange Rates with Order Flows," Economie Internationale, CEPII research center, issue 96, pages 107-127.
• Yannick Bineau & Bernard Dupont, 2003, "Une approche dynamique du taux de change reel d'equilibre," Economie Internationale, CEPII research center, issue 96, pages 5-22.
• Agnès Bénassy-Quéré & Lionel Fontagné & Michel Fouquin, 2003, "Heureux dollar," La Lettre du CEPII, CEPII research center, issue 225.
• Agnès Bénassy-Quéré & Amina Lahrèche-Revil & Françoise Lemoine, 2003, "Should the Yuan be Revalued?," La Lettre du CEPII, CEPII research center, issue 227.
• Claude Lopez & Christian J. Murray & David H. Papell, 2003, "Median-Unbiased Estimation in DF-GLS Regressions and the PPP Puzzle," University of Cincinnati, Economics Working Papers Series, University of Cincinnati, Department of Economics, number 2003-07, Oct.
• Claude Lopez & David H. Papell, 2003, "Convergence to Purchasing Power Parity at the Commencement of the Euro," University of Cincinnati, Economics Working Papers Series, University of Cincinnati, Department of Economics, number 2003-08, Oct.
• Janet Ceglowski, 2003, "The law of one price: intranational evidence for Canada," Canadian Journal of Economics, Canadian Economics Association, volume 36, issue 2, pages 373-400, May, DOI: 10.1111/1540-5982.t01-1-00005.
• Richard Clay Barnett, 2003, "Smuggling, non-fundamental uncertainty, and parallel market exchange rate volatility," Canadian Journal of Economics, Canadian Economics Association, volume 36, issue 3, pages 701-727, August, DOI: 10.1111/1540-5982.t01-2-00009.
• Mototsugu Shintani, 2003, "A Nonparametric Measure of Convergence Toward Purchasing Power Parity," Levine's Working Paper Archive, David K. Levine, number 506439000000000172, Jan.
• Alexis Derviz, 2003, "Components of the Czech Koruna Risk Premium in a Multiple-Dealer FX Market," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/04, Jun.
• Ales Bulir, 2003, "Some Exchange Rates Are More Stable than Others: Short-Run Evidence from Transition Countries," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/05, Jun.
• Alexis Derviz, 2003, "FOREX Microstructure, Invisible Price Determinants,and the Central Bank's Understanding of Exchange Rate Formation," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/06, Jun.
• Paul Davidson, 2003, "¿Qué es erróneo en el concenso de Washington y qué debemos hacer?," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID.
• Álvaro Moreno & Fernando García, 2003, "El estado comunitario. Una aproximación a las bases filosóficas," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID.
• Paul Davidson, 2003, "¿Qué es erróneo en el consenso de Washington y qué debemos hacer?," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID.
• Hugo Oliveros C. & Carlos Huertas C., 2003, "Desequilibrios nominales y reales del tipo de cambio en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 43, pages 32-65, DOI: 10.32468/Espe.4302.
• Juan José Echavarría, 2003, "Características, determinantes e impacto de las exportaciones en Colombia : resultados a nivel de firma," Coyuntura Económica, Fedesarrollo.
• BAUWENS, Luc & BEN OMRANE, Walid & GIOT, Pierre, 2003, "News announcements, market activity and volatility in the Euro/Dollar foreign exchange market," LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE), number 2003029, Mar.
• BEN OMRANE, Walid & HEINEN, Andréas, 2003, "The response of individual FX dealers'quoting activity to macroeconomic news announcements," LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE), number 2003070, Oct.
• Hairault, Jean-Olivier & Sopraseuth, Thepthida, 2003, "Exchange rate determination in a model of pricing-to-market and nontradeables," CEPREMAP Working Papers (Couverture Orange), CEPREMAP, number 0304.
• Hairault, Jean-Olivier & Patureau, Lise & Sopraseuth, Thepthida, 2003, "Overshooting and the exchange rate disconnect puzzle: a reappraisal," CEPREMAP Working Papers (Couverture Orange), CEPREMAP, number 0305.
• Bacchetta, Philippe & van Wincoop, Eric, 2003, "Why do Consumer Prices React Less than Import Prices to Exchange Rates?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3702, Jan.
• Tornell, Aaron & Gourinchas, Pierre-Olivier, 2003, "Exchange Rate Dynamics, Learning and Misperception," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3725, Jan.
• Wolff, Christian & Bams, Dennis & Walkowiak, Kim, 2003, "More Evidence on the Dollar Risk Premium in the Foreign Exchange Market," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3726, Jan.
• Rey, Hélène & Hau, Harald, 2003, "Exchange Rates, Equity Prices and Capital Flows," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3735, Feb.
• Taylor, Mark, 2003, "Is Official Exchange Rate Intervention Effective?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3758, Feb.
• Taylor, Mark & Mody, Ashoka, 2003, "Common Vulnerabilities," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3759, Feb.
• Szeidl, Adam, 2003, "The Credibility of the Hungarian Exchange Rate Regime 1997-98," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3799, Feb.