Content
1997
- 593 Aggregate productivity and aggregate technology
by Susanto Basu & John G. Fernald - 592 Roads to prosperity? assessing the link between public capital and productivity
by John G. Fernald - 591 Money, sticky wages, and the Great Depression
by Michael D. Bordo & Christopher J. Erceg & Charles L. Evans - 590 Nominal wage rigidities and the propagation of monetary disturbances
by Christopher J. Erceg - 589 Intra-national, intra-continental, and intra-planetary PPP
by Charles Engel & Michael K. Hendrickson & John H. Rogers - 588 A guide to FRB/Global
by Andrew T. Levin & John H. Rogers & Ralph W. Tryon - 587 On the inverse of the covariance matrix in portfolio analysis
by Guy V. G. Stevens - 586 Income inequality and macroeconomic fluctuations
by Murat F. Iyigun & Ann L. Owen - 585 Information systems for risk management
by Michael S. Gibson - 584 The bank lending channel of monetary policy transmission: evidence from a model of bank behavior that incorporates long-term customer relationships
by Michael S. Gibson - 583 Capital inflows, financial intermediation, and aggregate demand
by Steven B. Kamin & Paul R. Wood - 582 Can government gold be put to better use?: Qualitative and quantitative policies
by Dale W. Henderson & John S. Irons & Stephen W. Salant & Sebastian Thomas - 581 Inflation regimes and inflation expectations
by Joseph E. Gagnon - 580 Output and the real exchange rate in developing countries: an application to Mexico
by Steven B. Kamin & John H. Rogers - 579 An econometric model of capital flight from developing countries
by Lisa M. Schineller - 578 Regional labor fluctuations: oil shocks, military spending, and other driving forces
by Steven J. Davis & Prakash Loungani & Ramamohan Mahidhara - 577 Capital mobility and the output-inflation tradeoff
by Prakash Loungani & Assaf Razin & Chi-Wa Yuen - 576 General-to-specific procedures for fitting a data-admissible, theory- inspired, congruent, parsimonious, encompassing, weakly-exogenous, identified, structural model to the DGP: a translation and critique
by Jon Faust & Charles H. Whiteman
1996
- 575 Theoretical confidence level problems with confidence intervals for the spectrum of a time series
by Jon Faust - 574 Net foreign assets and equilibrium exchange rates: panel evidence
by Joseph E. Gagnon - 573 Timing of childbearing, family size and economic growth
by Murat F. Iyigun - 572 Money, politics and the post-war business cycle
by Jon Faust & John S. Irons - 571 Implications of economic interdependence and exchange rate policy on endogenous wage indexation decisions
by Jay H. Bryson & Chih-Huan Chen & David D. VanHoose - 570 The reaction of exchange rates and interest rates to news releases
by Hali J. Edison - 569 The role of credit in post-stabilization consumption booms
by Martina Copelman - 568 Hazards in implementing a monetary conditions index
by Kari H. Eika & Neil R. Ericsson & Ragnar Nymoen - 567 Financial innovation and the speed of adjustment of money demand: evidence from Bolivia, Israel, and Venezuela
by Martina Copelman - 566 Long-term evidence on the Tobin and Fisher effects: a new approach
by Shaghil Ahmed & John H. Rogers - 565 Some evidence on the efficacy of the UK inflation targeting regime: an out-of-sample forecast approach
by Chan Guk Huh - 564 The use of the parallel market rate as a guide to setting the official exchange rate
by Nita Ghei & Steven B. Kamin - 563 Country fund discounts and the Mexican crisis of December 1994: did local residents turn pessimistic before international investors?
by Jeffrey A. Frankel & Sergio L. Schmukler - 562 Eastern European export performance during transition
by Simona Boata & Nathan Sheets - 561 Inflation-adjusted potential output
by Jane Haltmaier - 560 The management of financial risks at German nonfinancial firms: the case of Metallgesellschaft
by Allen B. Frankel & David E. Palmer - 559 Broad money demand and financial liberalization in Greece
by Neil R. Ericsson & Sunil Sharma - 558 Stockholding behavior of U.S. households: evidence from the 1983-89 Survey of Consumer Finances
by Carol C. Bertaut - 557 Firm size and the impact of profit-margin uncertainty on investment: do financing constraints play a role?
by Vivek Ghosal & Prakash Loungani - 556 Regulation and the cost of capital in Japan: a case study
by John Ammer & Michael S. Gibson - 555 The sovereignty option: the Quebec referendum and market views on the Canadian dollar
by Michael P. Leahy & Charles P. Thomas - 554 Real exchange rates and inflation in exchange-rate based stabilizations: an empirical examination
by Steven B. Kamin - 553 Macroeconomic state variables as determinants of asset price covariances
by John Ammer - 552 The Tequila effect: theory and evidence from Argentina
by Martin Uribe - 551 The accumulation of human capital: alternative methods and why they matter
by Murat F. Iyigun & Ann L. Owen - 550 Alternatives in human capital accumulation: implications for economic growth
by Murat F. Iyigun & Ann L. Owen - 549 More evidence on the link between bank health and investment in Japan
by Michael S. Gibson - 548 The syndrome of exchange-rate-based stabilizations and the uncertain duration of currency pegs
by Enrique G. Mendoza & Martin Uribe - 547 German unification: what have we learned from multi-country models?
by Joseph E. Gagnon & Paul R. Masson & Warwick J. McKibbin - 546 Returns to scale in U.S. production: estimates and implications
by Susanto Basu & John G. Fernald - 545 Mexico's balance-of-payments crisis: a chronicle of death foretold
by Guillermo A. Calvo & Enrique G. Mendoza - 544 The twin crises: the causes of banking and balance-of-payments problems
by Graciela L. Kaminsky & Carmen M. Reinhart - 543 High real interest rates in the aftermath of disinflation: is it a lack of credibility?
by Graciela L. Kaminsky & Leonardo Leiderman - 542 Precautionary portfolio behavior from a life-cycle perspective
by Carol C. Bertaut & Michael Haliassos - 541 Using options prices to infer PDF'S for asset prices: an application to oil prices during the Gulf crisis
by William R. Melick & Charles P. Thomas - 540 Monetary policy in the end-game to exchange-rate based stabilizations: the case of Mexico
by Steven B. Kamin & John H. Rogers - 539 Comparing the welfare costs and the initial dynamics of alternative temporary stabilization policies
by Martin Uribe - 538 Long memory in inflation expectations: evidence from international expectations
by Joseph E. Gagnon - 537 Using measures of expectations to identify the effects of a monetary policy shock
by Allan D. Brunner - 536 Regime switching in the dynamic relationship between the federal funds rate and innovations in nonborrowed reserves
by Chan Guk Huh - 535 The risks and implications of external financial shocks: lessons from Mexico
by Edwin M. Truman - 534 Currency crashes in emerging markets: an empirical treatment
by Jeffrey A. Frankel & Andrew K. Rose - 533 Regional patterns in the law of one price: the roles of geography vs. currencies
by Charles Engel & John H. Rogers
1995
- 532 Aggregate productivity and the productivity of aggregates
by Susanto Basu & John G. Fernald - 531 A century of trade elasticities for Canada, Japan, and the United States
by Jaime R. Marquez - 530 Modelling inflation in Australia
by Gordon De Brouwer & Neil R. Ericsson - 529 Hyperinflation and stabilization: Cagan revisited
by Marcus Miller & Lei Zhang - 528 On the inverse of the covariance matrix in portfolio analysis
by Guy V. G. Stevens - 527 International comparisons of the levels of unit labor costs in manufacturing
by Peter Hooper & Elizabeth Vranlovich - 526 Uncertainty, instrument choice, and the uniqueness of Nash equilibrium: microeconomic and macroeconomic examples
by Dale W. Henderson & Ning S. Zhu - 525 Targeting inflation in the 1990s: recent challenges
by Richard T. Freeman & Jonathan L. Willis - 524 Economic development and intergenerational economic mobility
by Murat F. Iyigun - 523 Human capital accumulation, fertility and growth: a re-analysis
by Murat F. Iyigun - 522 Excess returns and risk at the long end of the Treasury market: an EGARCH-M approach
by Allan D. Brunner & David P. Simon - 521 The monetary transmission mechanism in Mexico
by Martina Copelman & Alejandro M. Werner - 520 When is monetary policy effective?
by John Ammer & Allan D. Brunner - 519 Central bank independence, inflation and growth in transition economies
by Prakash Loungani & Nathan Sheets - 518 Alternative approaches to real exchange rates and real interest rates: three up and three down
by Hali J. Edison & William R. Melick - 517 Product market competition and the impact of price uncertainty on investment: some evidence from U.S. manufacturing industries
by Vivek Ghosal & Prakash Loungani - 516 Block distributed methods for solving multi-country econometric models
by Jon Faust & Ralph W. Tryon - 515 Supply-side sources of inflation: evidence from OECD countries
by Prakash Loungani & Phillip Swagel - 514 Capital flight from the countries in transition: some theory and empirical evidence
by Nathan Sheets - 513 Bank lending and economic activity in Japan: did \"financial factors\" contribute to the recent downturn?
by Allan D. Brunner & Steven B. Kamin - 512 Evidence on nominal wage rigidity from a panel of U.S. manufacturing industries
by Vivek Ghosal & Prakash Loungani - 511 Do taxes matter for long-run growth?: Harberger's superneutrality conjecture
by Patrick K. Asea & Enrique G. Mendoza & Gian Maria Milesi-Ferreti - 510 Options, sunspots, and the creation of uncertainty
by David Bowman & Jon Faust - 509 Hysteresis in a simple model of currency substitution
by Martin Uribe - 508 Import prices and the competing goods effect
by Phillip Swagel - 507 Supply-side economics in a global economy
by Enrique G. Mendoza & Linda L. Tesar - 506 The Lucas critique in practice: theory without measurement
by Neil R. Ericsson & John S. Irons - 505 Real exchange rate targeting and macroeconomic instability
by Martin Uribe - 504 Inferences from parametric and non-parametric covariance matrix estimation procedures
by Wouter J. Den Haan & Andrew T. Levin - 503 Exchange-rate based inflation stabilization: the initial real effects of credible plans
by Martin Uribe - 502 Strategic returns to international diversification: an application to the equity markets of Europe, Japan, and North America
by John Ammer & Jianping Mei - 501 Real exchange rate movements in high inflation countries
by John H. Rogers & Ping Wang - 500 Political competition, causal relationships between taxes and spending, and their influence on government size: evidence from state-level data
by Diane Lim Rogers & John H. Rogers - 499 International stock price spillovers and market liberalization: evidence from Korea, Japan, and the United States
by Sang W. Kim & John H. Rogers - 498 How wide is the border?
by Charles Engel & John H. Rogers - 497 Constrained suboptimality in economies with limited communication
by David Bowman - 496 Saving-investment associations and capital mobility on the evidence from Japanese regional data
by Robert Dekle - 495 Convertibility risk, default risk, and the Mexdollar anomaly
by John H. Rogers - 494 Government budget deficits and trade deficits: are present value constraints satisfied in long-term data?
by Shaghil Ahmed & John H. Rogers - 493 Real shocks and real exchange rates in really long-term data
by John H. Rogers
1994
- 492 Loss aversion in a consumption/savings model
by David Bowman & Deborah Minehart & Matthew Rabin - 491 Terms-of-trade uncertainty and economic growth: are risk indicators significant in growth regressions?
by Enrique G. Mendoza - 490 Politics, economics and investment: explaining plant and equipment spending by U.S. direct investors in Argentina, Brazil, and Mexico
by Guy V. G. Stevens - 489 On the dynamic properties of asymmetric models of real GNP
by Allan D. Brunner - 488 A distributed block approach to solving near-block-diagonal systems with an application to a large macroeconometric model
by Jon Faust & Ralph W. Tryon - 487 Conditional and structural error correction models
by Neil R. Ericsson - 486 Bank positions and forecasts of exchange rate movements
by Michael P. Leahy - 485 Technological progress and endogenous capital depreciation: evidence from the U.S. and Japan
by Robert Dekle - 484 Are banks market timers or market makers? Explaining foreign exchange trading profits
by John Ammer & Allan D. Brunner - 483 Constant returns and small markups in U.S. manufacturing
by Susanto Basu & John G. Fernald - 482 The real exchange rate and fiscal policy during the gold standard period: evidence from the United States and Great Britain
by Graciela L. Kaminsky & Michael W. Klein - 481 The debt crisis: lessons of the 1980's for the 1990's
by Graciela L. Kaminsky & Alfredo Pereira - 480 Who will join EMU? Impact of the Maastricht convergence criteria on economic policy choice and performance
by R. Sean Craig - 479 Determinants of the 1991-93 Japanese recession: evidence from a structural model of the Japanese economy
by Allan D. Brunner & Steven B. Kamin - 478 On risk, rational expectations, and efficient asset markets
by Dara Akbarian & Guy V. G. Stevens - 477 Finance and growth: a synthesis and interpretation of the evidence
by Alexander Galetovic - 476 Trade barriers and trade flows across countries and industries
by Jong-Wha Lee & Phillip Swagel - 475 The constancy of illusions or the illusion of constancies: income and price elasticities for U.S. imports, 1890-1992
by Jaime R. Marquez - 474 The dollar as an official reserve currency under EMU
by Michael P. Leahy - 473 Inflation targeting in the 1990s: the experiences of New Zealand, Canada, and the United Kingdom
by John Ammer & Richard T. Freeman - 472 International capital mobility in the 1990s
by Maurice Obstfeld - 471 The effect of changes in reserve requirements on investment and GNP
by Prakash Loungani & Mark Rush - 470 International economic implications of the end of the Soviet Union
by William L. Helkie & David H. Howard & Jaime R. Marquez - 469 International dimension of European Monetary Union: implications for the dollar
by Karen H. Johnson - 468 European monetary arrangements: implications for the dollar, exchange rate variability and credibility
by Hali J. Edison & Linda S. Kole - 467 Fiscal policy coordination and flexibility under European Monetary Union: implications for macroeconomic stabilization
by Jay H. Bryson - 466 The federal funds rate and the implementation of monetary policy: estimating the Federal Reserve's reaction function
by Allan D. Brunner - 465 Understanding the empirical literature on purchasing power parity: the post-Bretton Woods era
by Hali J. Edison & Joseph E. Gagnon & William R. Melick - 464 Inflation, inflation risk, and stock returns
by John Ammer - 463 Are apparent productive spillovers a figment of specification error?
by Susanto Basu & John G. Fernald - 462 When do long-run identifying restrictions give reliable results?
by Jon Faust & Eric M. Leeper
1993
- 461 Fluctuating confidence and stock-market returns
by Alexander David - 460 Dollarization in Argentina
by Neil R. Ericsson & Steven B. Kamin - 459 Union behavior, industry rents, and optimal policies
by Phillip Swagel - 458 A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence
by Dale W. Henderson & Warwick J. McKibbin - 457 Cointegration, seasonality, encompassing, and the demand for money in the United Kingdom
by Neil R. Ericsson & David F. Hendry & Hong-Anh Tran - 456 Exchange rates, prices, and external adjustment in the United States and Japan
by Peter Hooper & Jaime R. Marquez - 455 Political and economic consequences of alternative privatization strategies
by Stefanie Lenway & Catherine L. Mann & Derek Utter - 454 Is there a world real interest rate?
by Joseph E. Gagnon & Mark D. Unferth - 453 Macroeconomic stabilization through monetary and fiscal policy coordination: implications for European Monetary Union
by Jay H. Bryson - 452 Long-term banking relationships in general equilibrium
by Michael S. Gibson - 451 The role of fiscal policy in an incomplete markets framework
by Charles P. Thomas - 450 Internal funds and the investment function
by Guy V. G. Stevens - 449 Measuring international economic linkages with stock market data
by John Ammer & Jianping Mei - 448 Macroeconomic risk and asset pricing: estimating the apt with observable factors
by John Ammer - 447 Near observational equivalence and unit root processes: formal concepts and implications
by Jon Faust - 446 Market share and exchange rate pass-through in world automobile trade
by Robert C. Feenstra & Joseph E. Gagnon & Michael M. Knetter - 445 Industry restructuring and export performance: evidence on the transition in Hungary
by Valerie J. Chang & Catherine L. Mann - 444 Exchange rates and foreign direct investment: a note
by Guy V. G. Stevens - 443 Global versus country-specific productivity shocks and the current account
by Reuven Glick & Kenneth S. Rogoff - 442 The GATT's contribution to economic recovery in post-war Western Europe
by Douglas A. Irwin - 441 A utility based comparison of some models of exchange rate volatility
by Dongchul Cho & Hali J. Edison & Kenneth D. West - 440 Cointegration tests in the presence of structural breaks
by Julia Campos & Neil R. Ericsson & David F. Hendry
1992
- 439 Life expectancy of international cartels: an empirical analysis
by Jaime R. Marquez - 438 Daily Bundesbank and Federal Reserve intervention and the conditional variance tale in DM/$-returns
by Geert J. Almekinders & Sylvester C. W. Eijffinger - 437 War and peace: recovering the market's probability distribution of crude oil futures prices during the Gulf crisis
by William R. Melick & Charles P. Thomas - 436 Growth, political instability, and the defense burden
by S. Brock Blomberg - 435 Foreign exchange policy, monetary policy, and capital market liberalization in Korea
by Deborah J. Lindner - 434 The political economy of the won: U.S. - Korean bilateral negotiations on exchange rates
by Deborah J. Lindner - 433 Import demand and supply with relatively few theoretical or empirical puzzles
by Andrew M. Warner - 432 The liquidity premium in average interest rates
by Wilbur John Coleman & Christian Gilles & Pamela Labadie - 431 The power of cointegration tests
by Juan J. Dolado & Neil R. Ericsson & Jeroen J. M. Kremers - 430 The adequacy of the data on U.S. international financial transactions: a Federal Reserve perspective
by Lois E. Stekler & Edwin M. Truman - 429 Whom can we trust to run the Fed? Theoretical support for the founders' views
by Jon Faust - 428 Stochastic behavior of the world economy under alternative policy regimes
by Joseph E. Gagnon & Ralph W. Tryon - 427 Real exchange rates: measurement and implications for predicting U.S. external imbalances
by Jaime R. Marquez - 426 Central banks' use in East Asia of money market instruments in the conduct of monetary policy
by Robert F. Emery - 425 Purchasing power parity and uncovered interest rate parity: the United States 1974-1990
by Hali J. Edison & William R. Melick - 424 Fiscal implications of the transition from planned to market economy
by R. Sean Craig & Catherine L. Mann - 423 Does world investment demand determine U.S. exports?
by Andrew M. Warner - 422 The autonomy of trade elasticities: choice and consequences
by Jaime R. Marquez - 421 German unification and the European monetary system: a quantitative analysis
by Gwyn Adams & Lewis S. Alexander & Joseph E. Gagnon - 420 Taxation and inflation: a new explanation for current account imbalances
by Tamim Bayoumi & Joseph E. Gagnon
1991
- 419 A primer on the Japanese banking system
by Allen B. Frankel & Paul B. Morgan - 418 Did the debt crisis cause the investment crisis?
by Andrew M. Warner - 417 External adjustment in selected developing countries in the 1990s
by William L. Helkie & David H. Howard - 416 Did the debt crisis or the oil price decline cause Mexico's investment collapse?
by Andrew M. Warner - 415 Cointegration, exogeneity, and policy analysis: an overview
by Neil R. Ericsson - 414 The usefulness of P* measures for Japan and Germany
by Linda S. Kole & Michael P. Leahy - 413 Comments on the evaluation of policy models
by Melinda Deutsch & Clive W. J. Granger - 412 Parameter constancy, mean square forecast errors, and measuring forecast performance: an exposition, extensions, and illustration
by Neil R. Ericsson - 411 Explaining the volume of intraindustry trade: are increasing returns necessary?
by Donald R. Davis - 410 How pervasive is the product cycle? The empirical dynamics of American and Japanese trade flows
by Joseph E. Gagnon & Andrew K. Rose - 409 Anticipations of foreign exchange volatility and bid-ask spreads
by Shang-Jin Wei - 408 Re-assessment of the relationship between real exchange rates and real interest rates: 1974-1990
by Hali J. Edison & B. Dianne Pauls - 407 Argentina's experience with parallel exchange markets: 1981-1990
by Steven B. Kamin - 406 PC-give and David Hendry's econometric methodology
by Julia Campos & Neil R. Ericsson & Hong-Anh Tran - 405 EMS interest rate differentials and fiscal policy: a model with an empirical application to Italy
by R. Sean Craig - 404 The statistical discrepancy in the U.S. international transactions accounts: sources and suggested remedies
by Lois E. Stekler - 403 In search of the liquidity effect
by David B. Gordon & Eric M. Leeper - 402 Exchange rate rules in support of disinflation programs in developing countries
by Steven B. Kamin - 401 The adequacy of U.S. direct investment data
by Lois E. Stekler & Guy V. G. Stevens - 400 Determining foreign exchange risk and bank capital requirements
by Michael P. Leahy - 399 Precautionary money balances with aggregate uncertainty
by Wilbur John Coleman - 398 Using external sustainability to forecast the dollar
by Ellen E. Meade & Charles P. Thomas - 397 Terms of trade, the trade balance, and stability: the role of savings behavior
by Michael K. Gavin - 396 The econometrics of elasticities or the elasticity of econometrics: an empirical analysis of the behavior of U.S. imports
by Jaime R. Marquez