Report NEP-IFN-2003-03-14

This is the archive for NEP-IFN, a report on new working papers in the area of International Finance. Yi-Nung Yang issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-IFN

The following items were announced in this report:

• Bacchetta, Philippe & van Wincoop, Eric, 2002, "A Theory of Currency Denomination of International Trade," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3120, Jan.
• Helpman, Elhanan & Grossman, Gene, 2002, "Outsourcing Versus FDI in Industry Equilibrium," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3647, Nov.
• Benigno, Pierpaolo & Benigno, Gianluca, 2002, "Implementing Monetary Cooperation Through Inflation Targeting," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3226, Feb.
• Widgren, Mika & Sulamaa, Pekka, 2003, "EU Enlargement and Beyond: A Simulation Study on EU and CIS Integration," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3768, Feb.
• Canova, Fabio & Pappa, Evi, 2003, "Price Dispersions in Monetary Unions: The Role of Fiscal Shocks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3746, Feb.
• Lane, Philip & Devereux, Michael B, 2002, "Understanding Bilateral Exchange Rate Volatility," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3518, Aug.
• Uhlig, Harald, 2002, "One Money, but Many Fiscal Policies in Europe: What Are the Consequences?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3296, Apr.
• Campbell, John Y & Viceira, Luis & White, Josh S., 2002, "Foreign Currency for Long-Term Investors," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3463, Jul.
• Girma, Sourafel & Görg, Holger, 2002, "Foreign Ownership, Returns to Scale and Productivity: Evidence from UK Manufacturing Establishments," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3503, Aug.
• Buiter, Willem & Grafe, Clemens, 2002, "Anchor, Float or Abandon Ship: Exchange Rate Regimes for Accession Countries," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3184, Jan.
• Dellas, Harris & Tavlas, George, 2003, "Wage Rigidity and Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3679, Jan.
• Corsetti, Giancarlo & Dedola, Luca, 2003, "Macroeconomics of International Price Discrimination," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3710, Jan.
• Martin, Philippe & Rey, Hélène, 2002, "Financial Globalization and Emerging Markets: With or Without Crash?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3378, May.
• Rey, Hélène & Hau, Harald, 2003, "Exchange Rates, Equity Prices and Capital Flows," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3735, Feb.
• Kollmann, Robert, 2002, "Monetary Policy Rules in the Open Economy: Effects on Welfare and Business Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3279, Mar.
• von Hagen, Jurgen & Zhou, Jizhong, 2002, "The Choice of Exchange Rate Regimes: An Empirical Analysis for Transition Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3289, Mar.
• Acemoglu, Daron & Johnson, Simon & Robinson, James A. & Thaicharoen, Yunyong, 2002, "Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3575, Oct.
• Floden, Martin, 2002, "Public Saving and Policy Coordination in Ageing Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3567, Oct.
• Taylor, Mark & Sarno, Lucio & Chowdhury, Ibrahim, 2002, "Non-Linear Dynamics in Deviations from the Law of One Price: A Broad-Based Empirical Study," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3377, May.
• Renström, Thomas I & Marsiliani, Laura, 2003, "Environmental Policy and Capital Movements: The Role of Government Commitment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3727, Jan.
• Marin, Dalia & Lorentowicz, Andzelika & Raubold, Alexander, 2002, "Ownership, Capital or Outsourcing: What Drives German Investment to Eastern Europe?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3515, Sep.
• Heathcote, Jonathan & Perri, Fabrizio, 2002, "Financial Globalization and Real Regionalization," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3268, Mar.
• Manasse, Paolo & Bottazzi, Laura, 2002, "Asymmetric Information and Monetary Policy in Common Currency Areas," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3484, Aug.
• Ventura, Jaume, 2002, "Bubbles and Capital Flows," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3657, Nov.
• Cohen, Daniel & Soto, Marcelo, 2002, "Why are Poor Countries Poor? A Message of Hope which Involves the Resolution of a Becker/Lucas Paradox," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3528, Sep.
• Taylor, Mark & Clarida, Richard & Sarno, Lucio & Valente, Giorgio, 2002, "The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3281, Mar.
• Milesi-Ferretti, Gian Maria & Lane, Philip, 2002, "External Wealth, the Trade Balance and the Real Exchange Rate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3153, Jan.
• Razin, Assaf & Goldstein, Itay, 2003, "An Information-Based Trade-off Between Foreign Direct Investment and Foreign Portfolio Investment: Volatility, Transparency and," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3747, Feb.
• Lane, Philip & Ganelli, Giovanni, 2002, "Dynamic General Equilibrium Analysis: The Open Economy Dimension," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3540, Sep.
• Razin, Assaf & Sadka, Efraim & Mody, Ashoka, 2002, "The Role of Information in Driving FDI: Theory and Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3619, Nov.
• Wickens, Michael R. & Smith, Peter N, 2002, "Macroeconomic Sources of FOREX Risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3148, Jan.
• Hughes Hallett, Andrew & Weymark, Diana, 2002, "The Cost of Heterogeneity in a Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3223, Feb.
• Griffith, Rachel & Redding, Stephen & Simpson, Helen, 2002, "Productivity Convergence and Foreign Ownership at the Establishment Level," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3765, Feb.
• Andersen, Torben M, 2002, "Fiscal Stabilization Policy in a Monetary Union with Inflation Targeting," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3232, Feb.
• Muellbauer, John & Aron, Janine, 2002, "Interest Rate Effects on Output: Evidence from a GDP Forecasting Model for South Africa," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3595, Oct.
• Coenen, Günter & Wieland, Volker, 2002, "A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3574, Oct.
• Gylfason, Thorvaldur, 2002, "The Real Exchange Rate Always Floats," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3376, May.
• Femminis, Gianluca, 2002, "Currency Attacks with Multiple Equilibria and Imperfect Information: The Role of Wage-setters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3291, Apr.
• Marcellino, Massimiliano, 2002, "Forecasting EMU Macroeconomic Variables," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3529, Oct.
• Obstfeld, Maurice, 2002, "Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3533, Sep.
• Barry, Frank, 2002, "FDI, Infrastructure and the Welfare Effects of Labour Migration," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3380, May.
• Engel, Charles & Devereux, Michael B & Storgaard, Peter Ejler, 2002, "Endogenous Exchange Rate Pass-Through When Nominal Prices Are Set in Advance," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3608, Oct.
• Cukierman, Alex & Spiegel, Yossi & Goldstein, Itay, 2003, "The Choice of Exchange Rate Regime and Speculative Attacks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3714, Jan.
• Saggi, Kamal, 2002, "Trade versus Direct Investment: Modal Neutrality and National Treatment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3375, May.
• Redding, Stephen & Schott, Peter, 2003, "Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3739, Feb.
• Flandreau, Marc, 2003, "Crises and Punishment: Moral Hazard and the Pre-1914 International Financial Architecture," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3742, Feb.
• Persson, Lars & Norbäck, Pehr-Johan, 2002, "Investment Liberalization - Who Benefits from Cross Border Mergers," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3166, Jan.
• Saint-Paul, Gilles, 2002, "Macroeconomic Fluctuations and the Timing of Labour Market Reforms," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3646, Nov.
• Kierzenkowski, RafaÅ‚, 2002, "The Multi-Regime Bank Lending Channel and the Effectiveness of the Polish Monetary Policy Transmission During Transition," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3624, Nov.
• Wright, Peter & Thompson, Steve & Girma, Sourafel, 2002, "Merger Activity and Executive Pay," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3255, Mar.
• Eichenbaum, Martin & Rebelo, Sérgio & Burstein, Ariel Tomas, 2002, "Why Are Rates of Inflation So Low After large Devaluations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3178, Jan.
• Gehrig, Thomas & Menkhoff, Lukas, 2002, "The Use of Flow Analysis in Foreign Exchange: Explanatory Analysis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3221, Feb.
• Eijffinger, Sylvester & Goderis, Benedikt, 2002, "Financial Crises, Monetary Policy and Financial Fragility; A Second-Generation Model of Currency Crises," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3637, Nov.
• Eijffinger, Sylvester & Franco, Daniele & Buti, Marco, 2003, "Revisiting the Stability and Growth Pact: Grand Design or Internal Adjustment?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3692, Jan.
• Wakelin, Katharine & Amiti, Mary, 2002, "Investment Liberalization and International Trade," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3492, Aug.
• Obstfeld, Maurice & Taylor, Alan M., 2003, "Sovereign Risk, Credibility and the Gold Standard: 1870-1913 versus 1925-31," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3688, Jan.
• Minford, Patrick & Webb, Bruce & Meenagh, David, 2002, "Joining the Euro - the Macro Effects on the UK Economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3602, Oct.
• Pesenti, Paolo & Corsetti, Giancarlo, 2002, "Self-Validating Optimum Currency Areas," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3220, Feb.
• Ravn, Morten & Mazzenga, Elisabetta, 2002, "International Business Cycles: The Quantitative Role of Transportation Costs," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3530, Sep.
• 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.
• Toniolo, Gianni & Vecchi, Giovanni & Conte, Leandro, 2003, "Monetary Union, Institutions and Financial Market Integration, Italy 1862-1905," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3684, 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.
• Beetsma, Roel & Vermeylen, Koen, 2002, "The Effect of Monetary Unification on Public Debt and its Real Return," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3491, Aug.
• Voth, Hans-Joachim, 2002, "With a Bang, Not a Whimper: Pricking Germany's 'Stock Market Bubble' in 1927 and the Slide into Depression," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3257, Mar.
• Ravn, Morten & Rey, Hélène & Imbs, Jean & Mumtaz, Haroon, 2003, "PPP Strikes Back: Aggregation and the Real Exchange Rate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3715, Jan.
• Louri-Dendrinou, Eleni & Fotopoulos, Georgios, 2002, "Corporate Growth and FDI: Are Multinationals Stimulating Local Industrial Development?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3128, Jan.
• Fischer, Andreas & Jordan, Thomas & Lack, Caesar, 2002, "Giving Up the Swiss Franc: Some Consideration on Seigniorage Flows Under EMU," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3156, Jan.
• Dahlquist, Magnus & Sallstrom, Torbjorn, 2002, "An Evaluation of International Asset Pricing Models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3145, Jan.
• Greenaway, David & Görg, Holger, 2002, "Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3485, Aug.
• Buiter, Willem & Grafe, Clemens, 2002, "Patching up the Pact," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3496, Aug.
• Keller, Wolfgang, 2002, "International Technology Diffusion," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3133, Jan.

Report NEP-IFN-2003-03-14

This is the archive for NEP-IFN, a report on new working papers in the area of International Finance. Yi-Nung Yang issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-IFN

The following items were announced in this report: