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Content
June 1987, Volume 6, Issue 2
- 195-206 The ECU as international money
by Pozo, Susan
- 207-214 The non-dynamic equivalence of monetary and exchange rate rules under imperfect capital mobility and rational expectations
by Kiguel, Miguel A.
- 215-225 Capital market integration over the past decade: The case of the US dollar
by Swanson, Peggy E.
- 227-230 Exchange rates, trade, and the U.S. economy : Sven W. Arndt, Richard J. Sweeney, and Thomas D. Willett, eds, Cambridge, Mass.: Ballinger, 1985, pp. xxi + 295, $39.95, ISBN 0-88410-948-8
by Horne, Jocelyn
March 1987, Volume 6, Issue 1
- 5-29 Conducting the international orchestra: Bank of England leadership under the classical gold standard
by Eichengreen, Barry
- 31-48 Are money growth and inflation related to government deficits? evidence from ten industrialized economies
by Protopapadakis, Aris A. & Siegel, Jeremy J.
- 49-56 Regression vs. volatility tests of the efficiency of foreign exchange markets
by Frankel, Jeffrey A. & Stock, James H.
- 85-105 Cross-hedging foreign currency risk
by Eaker, Mark R. & Grant, Dwight M.
- 107-123 Interest rates and risk premia in the stock market and in the foreign exchange market
by Giovannini, Alberto & Jorion, Philippe
- 125-127 The gold standard in theory and history : Barry Eichengreen, ed., New York: Methuen, 1985, pp. viii+280, $11.95, ISBN 0-416-39100-9
by Fremling, Gertrud M.
December 1986, Volume 5, Issue 4
- 403-428 The internationalization of American banking and finance: Structure, risk, and world interest rates
by Darby, Michael R.
- 429-448 Real dollar exchange rate under the Bretton-Woods and floating exchange-rate regimes
by Lothian, James R.
- 449-466 International exchange risk and asset substitutability
by Aivazian, Varouj A. & Callen, Jeffrey L. & Krinsky, Itzhak & Kwan, Clarence C. Y.
- 467-483 `Rules of the game' during the International Gold Standard: England and Germany
by Giovannini, Alberto
- 485-495 Trade flow lags, monetary and fiscal policy, and exchange-rate overshooting
by Levin, Jay H.
- 497-503 Rediscounting private dollar debt and capital flight in Ecuador
by Nickelsburg, Gerald
- 505-507 International Monetary Economics : Jurg Niehans, Baltimore: The Johns Hopkins University Press, 1984, pp. xii+340, US$37.50, ISBN 0-8018-3021-4
by Steinherr, A.
September 1986, Volume 5, Issue 3
- 257-283 The role of information acquisition and financial markets in international macroeconomic adjustment
by Glick, Reuven & Wihlborg, Clas
- 285-302 Efficiency and a simple model of exchange-rate determination
by Adams, Charles & Boyer, Russell S.
- 303-314 The cost of a central bank leaning against a random walk
by Corrado, Charles J. & Taylor, Dean
- 315-334 On the determination of the external debt: The case of Israel
by Hercowitz, Zvi
- 335-360 The Law of One Price in international commodity markets: A reformulation and some formal tests
by A. Protopapadakis, Aris & R. Stoll, Hans
- 361-379 Has exchange risk depressed international trade? The impact of third-country exchange risk
by O. Cushman, David
- 381-394 A real model of the world business cycle
by Dellas, Harris
- 395-398 The U.S. economy in an interdependent world : Guy V. G. Stevens, Richard B. Berner, Peter B. Clark, Ernesto HernandezCata, Howard J. Howe, and Sung Y. Kwack, Washington: Board of Governors of the Federal Reserve System, 1984, pp. xviii + 590, US$14.50, FRB 1-2500-0484C
by Mathieson, Donald J.
June 1986, Volume 5, Issue 2
- 135-152 Foreign exchange market efficiency tests: Implications of recent empirical findings
by Boothe, Paul & Longworth, David
- 153-165 The international division of assets as determined by comparative advantage
by Niehans, Jurg
- 167-179 Capital controls and balance of payments crises
by Wyplosz, Charles
- 181-193 Forecasting the exchange rate: A monetary or random walk phenomenon?
by Finn, Mary G.
- 195-220 Efficient exchange rate forecasts: Lagged models better than the random walk
by Somanath, V. S.
- 221-229 Does the exchange rate follow a random walk? A Monte Carlo study of four tests for a random walk
by Hakkio, Craig
- 231-243 Neutrality of inflation in the agricultural sector
by Grennes, Thomas & Lapp, John S.
- 245-253 The interdependence of the term structure of eurocurrency interest rates
by Krol, Robert
March 1986, Volume 5, Issue 1, Supplement
- 3-3 Convocation
by Boyes, W. J.
- 5-21 The covariation of risk premiums and expected future spot exchange rates
by Hodrick, Robert J. & Srivastava, Sanjay
- 23-30 Comments on Hodrick and Srivastava
by A. Frenkel, Jacob
- 31-48 Risk in international lending: A dynamic factor analysis applied to France and Mexico
by Melvin, Michael & Schlagenhauf, Don
- 49-51 Comments on Melvin and Schlagenhauf
by Meese, Richard A.
- 53-75 The implications of mean-variance optimization for four questions in international macroeconomics
by Frankel, Jeffrey A.
- 77-78 Comments on Frankel
by Canzoneri, Matthew B.
- 79-96 Country risk, foreign borrowing, and the social discount rate in an open developing economy
by Edwards, Sebastian
- 97-99 Comments on Edwards
by Henderson, Dale W.
- 101-112 Exchange-rate volatility, international trade, and resource allocation: A perspective on recent research
by Willett:, Thomas D.
- 113-115 Comments on Willett
by Kinnon, Ronald I.
- 117-130 The speculative attack on the peso and the real exchange rate: Argentina, 1979-1981
by Connolly, Michael
- 131-133 Comments on Connolly
by Gray, Jo Anna
- 135-156 Interwar movements of dollars to Europe and the US currency supply
by Garber, Peter M.
- 157-159 Comments on Garber
by McCafferty, Stephen
- 161-175 Roundtable discussion on international financial risk
by Boyes, William & Cheng, Hang Sheng & Ortiz, Guillermo & Hope, Nicholas & Heller, H. Robert
March 1986, Volume 5, Issue 1
- 5-23 The international linkage of real interest rates: The European-US connection
by Cumby, Robert E. & Mishkin, Frederic S.
- 25-35 Testing deviations from purchasing power parity
by Aizenman, Joshua
- 37-55 A specie-flow model of the gold standard
by Fremling, Gertrud M.
- 57-73 Terms-of-trade dynamics in Asia: An analysis of national saving and domestic investment responses to terms-of-trade changes in 14 Asian LDCs
by Fry, Maxwell J.
- 75-89 The structure of open economy macro-models
by Miller, Norman C.
- 91-98 Interest rate expectations and interest parity
by Overturf, Stephen Frank
- 99-113 Budget deficit, external official borrowing, and sterilized invertion policy in foreign exchange markets
by Penati, Alessandro
- 115-124 Currency substitution and the precautionary demand for money
by Poloz, Stephen S.
- 125-128 On the correlation of exchange rates and interest rates
by Engel, Charles M.
- 129-132 Monetary Policy in Our times : Albert Ando, Hidekazu Eguchi, Roger Farmer, and Yoshio Suzuki, eds, Proceedings of the First International Conference held by the Instutute for Monetary and Economic Studies of the Bank of Japan, Cambridge, MA, and London: The MIT Press, 1985, pp. xi+335, US$25.00, ISBN 0-262-01082-8
by Schlagenhauf, Don E.
December 1985, Volume 4, Issue 4
- 431-442 Interest rates and exchange rates: Some new empirical results
by Cornell, Bradford & Shapiro, Alan C.
- 455-468 Arbitrage tests of the efficiency of the foreign currency options market
by Shastri, Kuldeep & Tandon, Kishore
- 469-484 The choice of a monetary instrument in a small open economy: The case of Korea
by Ahn, Chul Won & Jung, W.
- 485-506 The welfare case for the European Monetary System
by Melitz, Jacques
- 507-521 Monetary policy, `dollarization,' and parallel market exchange rates: The case of the Dominican Republic
by Canto, Victor A.
- 523-536 Optimal foreign exchange-rate policy for a small open economy
by Daniel, Betty C.
- 537-552 Optimal international hedging in commodity and currency forward markets
by Benninga, Simon & Eldor, Rafael & Zilcha, Itzhak
- 553-563 The effects of devaluation on the trade balance: A critical view and re- examination of Mile's `new results'
by Himarios, Daniel
September 1985, Volume 4, Issue 3
- 303-316 International currency substitution and the income velocity of money
by Joines, Douglas H.
- 317-329 Foreign exchange pricing under free floating versus admissible band regimes
by Beckers, Stan & Sercu, Piet
- 331-360 World trade patterns, economic disturbances, and exchange-rate management
by Bhandari, Jagdeep S.
- 361-372 Purchasing power parity: A quantitative reassessment of the 1920s experience
by Edison, Hali J.
- 373-387 The norman conquest of $4.86 and the asset approach to the exchange rate
by MacDonald, Ronald
- 389-413 Country risk analysis: The demand and supply of sovereign loans
by Heffernan, Shelagh A.
- 415-420 Misadjustment to anticipated shocks: an example of exchange-rate response
by Aoki, Masanao
- 421-423 Sterling in Decline : Sir Alec Cairncross and Barry Eichengreen, Oxford: Basil Blackwell Publisher Ltd, 1983, pp.vii+261, [UK pound]29.50, ISBN 0-631-13368-2
by Lothian, James R.
- 423-426 Exchange Rates and International Macroeconomics : Jacob A. Frenkel, ed., a National Bureau of Economic Research Conference Report, Chicago and London: University of Chicago Press, 1983, pp.x+382, US$43.00/[UK pound]36.55, ISBN 0-226-26249-9
by Cornell, Bradford
June 1985, Volume 4, Issue 2
- 175-188 Currency substitution and the real exchange rate: the utility maximization approach
by Calvo, Guillermo A.
- 189-208 Some evidence on the international inequality of real interest rates
by Mark, Nelson C.
- 209-222 Adjustment with IMF lending
by von Furstenberg, George M.
- 223-236 Effects of sterilising a balance of payments surplus on domestic yields--A formal analysis
by Argy, V. E. & Murray, G. L.
- 237-252 The Canadian-US dollar exchange rate: A test of alternative models for the seventies
by Lafrance, Robert & Racette, Daniel
- 253-266 OPEC in world financial markets: Oil prices and interest rates
by Lowinger, Thomas C. & Wihlborg, Clas & Willman, Elliott S.
- 267-286 Common stock returns, real activity, money, and inflation: Some international evidence
by Mandelker, Gershon & Tandon, Kishore
- 287-295 On the interest-rate elasticity of the demand for international reserves: Some evidence from developing countries
by Edwards, Sebastian
- 297-299 The gold problem: Economic perspectives : Alberto Quadrio Curzio, ed, Oxford: Oxford University Press, 1982, pp. xx + 290, [UK pound]22.50, ISBN 0-19-920130-7
by Marcuzzo, Maria Cristina
March 1985, Volume 4, Issue 1
- 5-17 Openness, relative prices, and macro-policies
by Aizenman, Joshua
- 19-41 The flexible exchange basket: a macroeconomic analysis
by Bhandari, Jagdeep S.
- 43-60 Reserves and the managed float: a search for the essentials
by Calvo, Guillermo A.
- 61-82 Stocks, flows, and some exchange rate dynamics for the currency substitution model
by Chand, Sheetal K. & Onitsuka, Yusuke
- 83-100 Optimal and time consistent exchange-rate management in an overlapping-generations economy
by Eaton, Jonathan
- 101-112 Optimal exchange intervention for a small open economy
by Harkness, Jon
- 113-133 An examination of the effects of government purchases in an open economy
by Kimbrough, Kent P.
- 135-149 Does leaning against the wind improve exchange-rate performance?
by Levin, Jay H.
- 151-171 Domestic and foreign disturbances in an optimizing model of exchange-rate determination
by Turnovsky, Stephen J.
December 1984, Volume 3, Issue 3
- 257-277 Relationships among exchange rates, intervention, and interest rates: An empirical investigation
by Loopesko, Bonnie E.
- 279-292 Discount rate changes and the foreign exchange market
by Batten, Dallas S. & Thornton, Daniel L.
- 293-310 Activist monetary policy and exchange-rate overshooting: The Deutsche mark/dollar rate
by Papell, David H.
- 311-326 Sterling and oil discoveries: The mystery of nonappreciation
by M. Sheffrin, Steven & Russell, Thomas
- 327-342 Capital mobility and the relationship between saving and investment rates in OECD countries
by Murphy, Robert G.
- 343-355 Debt, taxes, and international equilibrium
by Lee, Moon H. & Zechner, Josef
- 357-368 Testing the unbiasedness hypothesis in the forward foreign exchange market: A specification analysis
by Gregory, Allan W. & McCurdy, Thomas H.
- 369-376 Trade concentration, openness, and deviations from purchasing power parity
by Melvin, Michael & Bernstein, David
August 1984, Volume 3, Issue 2
April 1984, Volume 3, Issue 1
- 5-29 An investigation of risk and return in forward foreign exchange
by Hodrick, Robert J. & Srivastava, Sanjay
- 31-49 A classical model of a small fixed exchange rate economy
by Rush, Mark
- 51-66 Semi-rational expectations and exchange-rate dynamics
by Bigman, David
- 67-73 Purchasing power, interest rate parities and the modified Fisher effect in presence of tax agreements
by BenZion, Uri & Weinblatt, J.
- 75-89 An empirical inquiry into the short-run dynamics of output, prices and exchange market pressure
by Brissimis, Sophocles N. & Leventakis, John A.
- 91-103 The international financial market and US interest rates
by Hartman, David G.
- 105-109 Spot versus forward speculation and hedging: A diagrammatic exposition
by Levi, Maurice
- 111-117 External currency market data: An application from BIS series
by Swanson, Peggy E.
- 119-121 Exchange rates and `news': A comment
by Longworth, David
- 123-126 Exchange rates and `news': Reply
by Edwards, Sebastian
- 127-128 Bank management in a changing domestic and international environment: The challenge of the eighties : Donald E. Fair and Francois Leonard de Juvigny, eds, Financial and Monetary Policy Studies No. 6, The Hague: Martinus Nijhoff Publishers, 1982, pp. xii + 342, Dfl. 130/US$57.00, ISBN 90-247-2606-9
by Baltensperger, Ernst
December 1983, Volume 2, Issue 3
- 231-237 Foreign currency option values
by Garman, Mark B. & Kohlhagen, Steven W.
- 239-253 The pricing of call and put options on foreign exchange
by Orlin Grabbe, J.
- 255-278 Empirical tests of the monetary approach to exchange-rate determination
by Vander Kraats, R.H. & Booth, L.D.
- 279-294 Exchange-rate regimes in transition: Italy 1974
by Flood, Robert P. & Marion, Nancy P.
- 295-318 What does purchasing power parity mean?
by Shapiro, Alan C.
- 319-331 Rational expectations and the effect of exchange-rate intervention on the exchange rate
by Beenstock, Michael
- 333-346 Exchange-rate policy and monetary information
by Kimbrough, Kent P.
- 347-354 The choice of monetary policy instruments in an open economy
by Gardner, Grant W.
- 355-356 Equilibrium price-output and the (non) insulating properties of fixed exchange rates: A comment
by Minford, Patrick
August 1983, Volume 2, Issue 2
- 89-109 The asset market model of the balance of payments and the exchange rate: A survey of empirical evidence
by Horne, Jocelyn
- 111-133 Currency substitution, capital mobility and money demand
by Cuddington, John T. & Cuddington, John T.
- 135-145 Intertemporal price speculation and the optimal current-account deficit
by Obstfeld, Maurice
- 147-166 Real exchange rates under alternative nominal exchange-rate systems
by Stockman, Alan C. & Stockman, Alan C.
- 167-178 The transmission of inflation in a small economy: an empirical analysis of the influence of US monetary disturbances on Canadian inflation, 1962-1980
by Choudhri, Ehsan U.
- 179-195 Intermediate inputs and international trade: An analysis of the real and monetary aspects of a change in the price of oil
by Djajic, Slobodan
- 197-213 Exchange-rate indexation in a monetary model: Theory and evidence
by McDermott, John
- 215-224 The current account and the optimal government debt
by Razin, Assaf & Svensson, Lars E. O.
- 225-226 The Rules of the Game: Reform and evolution in the international monetary system : Kenneth W. Dam, Chicago: University of Chicago Press, 1982, pp. xx+382, $27.00, ISBN 0-226-13499-7
by Ray, Edward John
- 227-228 The new inflation: The collapse of free markets : W. David Slawson, Princeton: Princeton University Press, 1981, pp. xi+424, US $8.95 (paper), ISBN 0-691-00370-X
by Carr, Jack
April 1983, Volume 2, Issue 1
January 1982, Volume 1, Issue 1
- 3-19 Interrelations between the United States and the United Kingdom, 1873-1975
by Friedman, Milton & Schwartz, Anna J.
- 21-37 Effects of monetary disturbances on exchange rates with risk averse speculation
by Eaton, Jonathan & Turnovsky, Stephen J.
- 39-56 Fluctuations in the dollar: A model of nominal and real exchange rate determination
by Hooper, Peter & Morton, John
- 57-79 Short-run independence of monetary policy under a pegged-exchange-rates system: An econometric approach
by Laskar, Daniel M.
- 81-95 New estimates of the demand for non-gold reserves under floating exchange rates
by von Furstenberg, George M.
- 97-110 International interest rates and inflationary expectations
by Kane, Alex & Rosenthal, Leonard
- 111-113 Some evidence on the relationship between spot and forward exchange rates
by Pippenger, John
- 117-140 The tax sensitivity of US direct investment in Canadian manufacturing
by Murray, John D.
- 141-152 The international liquidity explosion and worldwide inflation: The evidence from sterilization coefficient estimates
by Laney, Leroy O. & Willett, Thomas D.
- 153-164 The choice of an optimum currency peg for a small, open country
by Connolly, Michael
- 165-178 The optimal weighting of indicators for a crawling peg
by Branson, William H. & de Macedo, Jorge Braga
- 179-191 Balance-of-payments dynamics and exchange-rate management
by Djajic, Slobodan
- 193-200 Real versus nominal forecast errors in the prediction of foreign exchange rates
by Meyer, Stephen A. & Startz, Richard
- 211-224 Exchange rates and `news': A multi-currency approach
by Edwards, Sebastian
- 225-239 The exchange rate in a portfolio balance model with a banking sector
by De Grauwe, Paul
- 241-253 Incomplete information and the equilibrium determination of the forward exchange rate
by Harris, Richard G. & Purvis, Douglas D.
- 255-274 In search of the exchange risk premium: A six-currency test assuming mean-variance optimization
by Frankel, Jeffrey A.
- 275-292 Staggered wage setting and exchange rate policy in an economy with capital assets
by Bhandari, Jagdeep S.
- 293-305 Friedman and Schwartz on Monetary trends: A review article
by Laidler, David
- 307-323 The law of one price in the eurocurrency market
by Fratianni, Michele & Wakeman, L. MacDonald
- 325-331 Equilibrium price-output dynamics and the (non) insulating properties of fixed exchange rates
by Driskill, Robert & McCafferty, Stephen
- 333-339 An empirical investigation of the determinants of national interest rates differences
by Solnik, Bruno H.