Report NEP-MAC-2005-10-04

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Other reports in NEP-MAC

The following items were anounced in this report:

• Günter Coenen, 2003. "Inflation persistence and robust monetary policy design," Working Paper Series 290, European Central Bank. [Downloadable!]
• Ignazio Angeloni & Michael Ehrmann, 2004. "Euro area inflation differentials," Working Paper Series 388, European Central Bank. [Downloadable!]
• Florin O. Bilbiie, 2004. "The great inflation, limited asset markets participation and aggregate demand: FED policy was better than you think," Working Paper Series 408, European Central Bank. [Downloadable!]
• Andreas Schabert, 2005. "Money supply and the implementation of interest rate targets," Working Paper Series 483, European Central Bank. [Downloadable!]
• Antonella Trigari, 2004. "Equilibrium unemployment, job flows and inflation dynamics," Working Paper Series 304, European Central Bank. [Downloadable!]
• Liam Graham & Dennis J. Snower, 2004. "The real effects of money growth in dynamic general equilibrium," Working Paper Series 412, European Central Bank. [Downloadable!]
• Juan de Dios Tena & Francesco Giovannoni, 2005. "Market Concentration, Macroeconomic Uncertainty and Monetary Policy," Bristol Economics Discussion Papers 05/576, Department of Economics, University of Bristol, UK. [Downloadable!]
• Annick Bruggeman & Gonzalo Camba-Méndez & Björn Fischer & João Sousa, 2005. "Structural filters for monetary analysis - the inflationary movements of money in the euro area," Working Paper Series 470, European Central Bank. [Downloadable!]
• Barbara Annicchiarico, 2003. "Government deficits, wealth effects and the price level in an optimizing model," Working Paper Series 285, European Central Bank. [Downloadable!]
• Klaus Adam & Roberto M. Billi, 2004. "Optimal monetary policy under discretion with a zero bound on nominal interest rates," Working Paper Series 380, European Central Bank. [Downloadable!]
• Klaus Adam, 2005. "Experimental evidence on the persistence of output and inflation," Working Paper Series 492, European Central Bank. [Downloadable!]
• Gert Peersman & Roland Straub, 2004. "Technology shocks and robust sign restrictions in a euro area SVAR," Working Paper Series 373, European Central Bank. [Downloadable!]
• Tomasz Lyziak, 2003. "Consumer inflation expectations in Poland," Working Paper Series 287, European Central Bank. [Downloadable!]
• Günter Coenen & Volker Wieland, 2004. "Exchange-rate policy and the zero bound on nominal interest rates," Working Paper Series 350, European Central Bank. [Downloadable!]
• Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2004. "The optimal degree of discretion in monetary policy," Working Paper Series 338, European Central Bank. [Downloadable!]
• Jordi Galí & J. David López-Salido & Javier Vallés, 2004. "Understanding the effects of government spending on consumption," Working Paper Series 339, European Central Bank. [Downloadable!]
• Giovanni Lombardo & Alan Sutherland, 2003. "Monetary and fiscal interactions in open economies," Working Paper Series 289, European Central Bank. [Downloadable!]
• Paolo Surico, 2003. "Measuring the time-inconsitency of US monetary policy," Working Paper Series 291, European Central Bank. [Downloadable!]
• Rangan Gupta, 2005. "Financial Liberalization and Inflationary Dynamics in the Context of a Small Open Economy," Working papers 2005-39, University of Connecticut, Department of Economics. [Downloadable!]
• Klaus Adam & Roberto M. Billi, 2004. "Optimal monetary policy under commitment with a zero bound on nominal interest rates," Working Paper Series 377, European Central Bank. [Downloadable!]
• Günter Coenen & Andrew T. Levin, 2004. "Identifying the influences of nominal and real rigidities in aggregate price-setting behavior," Working Paper Series 418, European Central Bank. [Downloadable!]
• João Sousa & Andrea Zaghini, 2004. "Monetary policy shocks in the euro area and global liquidity spillovers," Working Paper Series 309, European Central Bank. [Downloadable!]
• Federico Ravenna, 2005. "The European Monetary Union as a commitment device for new EU member states," Working Paper Series 516, European Central Bank. [Downloadable!]
• Lars E. O. Svensson, 2005. "Monetary policy with judgment - forecast targeting," Working Paper Series 476, European Central Bank. [Downloadable!]
• Claudio Morana, 2004. "A structural common factor approach to core inflation estimation and forecasting," Working Paper Series 305, European Central Bank. [Downloadable!]
• Lawrence Christiano & Roberto Motto & Massimo Rostagno, 2004. "The great depression and the Friedman-Schwartz hypothesis," Working Paper Series 326, European Central Bank. [Downloadable!]
• Robert-Paul Berben & Ricardo Mestre & Julian Morgan & Theodoros Mitrakos & Nikolaos G. Zonzilos, 2005. "Inflation persistence in structural macroeconomic models (RG10)," Working Paper Series 521, European Central Bank. [Downloadable!]
• Andrew T. Levin & Fabio M. Natalucci & Jeremy M. Piger, 2004. "Explicit inflation objectives and macroeconomic outcomes," Working Paper Series 383, European Central Bank. [Downloadable!]
• Michael Ehrmann & Marcel Fratzscher, 2004. "Equal size, equal role? Interest rate interdependence between the euro area and the United States," Working Paper Series 342, European Central Bank. [Downloadable!]
• Andreas Schabert & Christian Stoltenberg, 2005. "Money demand and macroeconomic stability revisited," Working Paper Series 458, European Central Bank. [Downloadable!]
• Pierpaolo Benigno & Michael Woodford, 2004. "Optimal monetary and fiscal policy: A linear-quadratic approach," Working Paper Series 345, European Central Bank. [Downloadable!]
• Carl E.Walsh, 2005. "Parameter misspecification and robust monetary policy rules," Working Paper Series 477, European Central Bank. [Downloadable!]
• Athanasios Orphanides & John C. Williams, 2004. "The decline of activist stabilization policy: Natural rate misperceptions, learning and expectations," Working Paper Series 337, European Central Bank. [Downloadable!]
• Huw Dixon & Engin Kara, 2005. "Persistence and nominal inertia in a generalized Taylor economy - how longer contracts dominate shorter contracts," Working Paper Series 489, European Central Bank. [Downloadable!]
• Philipp C. Rother, 2004. "Fiscal policy and inflation volatility," Working Paper Series 317, European Central Bank. [Downloadable!]
• Alfred A. Haug & William G. Dewald, 2004. "Longer-term effects of monetary growth on real and nominal variables, major industrial countries, 1880-2001," Working Paper Series 382, European Central Bank. [Downloadable!]
• Massimo Giuliodori & Roel Beetsma, 2004. "What are the spill-overs from fiscal shocks in Europe? An empirical analysis," Working Paper Series 325, European Central Bank. [Downloadable!]
• André Meier & Gernot J. Müller, 2005. "Fleshing out the monetary transmission mechanism - output composition and the role of financial frictions," Working Paper Series 500, European Central Bank. [Downloadable!]
• Laurent Bilke, 2005. "Break in the mean and persistence of inflation - a sectoral analysis of French CPI," Working Paper Series 463, European Central Bank. [Downloadable!]
• Alistair Dieppe & Keith Küster & Peter McAdam, 2004. "Optimal monetary policy rules for the euro area: an analysis using the area wide model," Working Paper Series 360, European Central Bank. [Downloadable!]
• Carsten Detken & Frank Smets, 2004. "Asset price booms and monetary policy," Working Paper Series 364, European Central Bank. [Downloadable!]
• James Yetman, 2003. "The credibility of the monetary policy ‘free lunch’," Working Paper Series 284, European Central Bank. [Downloadable!]
• Günter Coenen & Roland Straub, 2005. "Does government spending crowd in private consumption? Theory and empirical evidence for the euro area," Working Paper Series 513, European Central Bank. [Downloadable!]
• Ramón Adalid & Günter Coenen & Peter McAdam & Stefano Siviero, 2005. "The performance and robustness of interest-rate rules in models of the euro area," Working Paper Series 479, European Central Bank. [Downloadable!]
• George Hondroyiannis & Sophia Lazaretou, 2004. "Inflation persistence during periods of structural change - an assessment using Greek data," Working Paper Series 370, European Central Bank. [Downloadable!]
• Maarten Dossche & Gerdie Everaert, 2005. "Measuring inflation persistence - a structural time series approach," Working Paper Series 495, European Central Bank. [Downloadable!]
• Julius Moschitz, 2004. "The determinants of the overnight interest rate in the euro area," Working Paper Series 393, European Central Bank. [Downloadable!]
• Sandrine Corvoisier & Benoît Mojon, 2005. "Breaks in the mean of inflation - how they happen and what to do with them," Working Paper Series 451, European Central Bank. [Downloadable!]
• Frank Smets & Raf Wouters, 2004. "Comparing shocks and frictions in US and euro area business cycles - a Bayesian DSGE approach," Working Paper Series 391, European Central Bank. [Downloadable!]
• Bjørn-Roger Wilhelmsen & Andrea Zaghini, 2005. "Monetary policy predictability in the euro area: an international comparison," Working Paper Series 504, European Central Bank. [Downloadable!]
• Sami Vähämaa, 2004. "Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB," Working Paper Series 315, European Central Bank. [Downloadable!]
• Gerard O'Reilly & Karl Whelan, 2004. "Has euro-area inflation persistence changed over time?," Working Paper Series 335, European Central Bank. [Downloadable!]
• Peter McAdam, 2003. "US, Japan and the euro area - comparing business-cycle features," Working Paper Series 283, European Central Bank. [Downloadable!]
• Gonzalo Camba-Méndez & George Kapetanios, 2004. "Forecasting euro area inflation using dynamic factor measures of underlying inflation," Working Paper Series 402, European Central Bank. [Downloadable!]
• Joseph G. Pearlman, 2005. "Central bank transparency and private information in a dynamic macroeconomic model," Working Paper Series 455, European Central Bank. [Downloadable!]
• Olli Castrén & Tuomas Takalo & Geoffrey Wood, 2004. "Labour market reform and the sustainability of exchange rate pegs," Working Paper Series 406, European Central Bank. [Downloadable!]
• Gregory Gadzinski & Fabrice Orlandi, 2004. "Inflation persistence in the European Union, the euro area, and the United States," Working Paper Series 414, European Central Bank. [Downloadable!]
• Robert G. King & Alexander L.Wolman, 2004. "Monetary discretion, pricing complementarity and dynamic multiple equilibria," Working Paper Series 343, European Central Bank. [Downloadable!]
• Ulrich Bindseil & Andres Manzanares & Benedict Weller, 2004. "The role of central bank capital revisited," Working Paper Series 392, European Central Bank. [Downloadable!]
• Kristoffer P. Nimark, 2005. "Calvo pricing and imperfect common knowledge - a forward looking model of rational inflation inertia," Working Paper Series 474, European Central Bank. [Downloadable!]
• Nicoletta Batini & Paul Levine & Joseph Pearlman, 2004. "Indeterminacy with inflation-forecast-based rules in a two-bloc model," Working Paper Series 340, European Central Bank. [Downloadable!]
• Carlos Andrés Amaya, . "Interest Rate Setting and the Colombian Monetary Transmission Mechanism," Borradores de Economia 352, Banco de la Republica de Colombia. [Downloadable!]
• Albert Marcet & Juan Pablo Nicolini, 2005. "Money and prices in models of bounded rationality in high inflation economies," Working Paper Series 469, European Central Bank. [Downloadable!]
• Patrick Lünnemann & Thomas Y. Mathä, 2004. "How persistent is disaggregate inflation? An analysis across EU15 countries and HICP sub-indices," Working Paper Series 415, European Central Bank. [Downloadable!]
• Michael Ehrmann & Marcel Fratzscher, 2005. "Transparency, disclosure and the Federal Reserve," Working Paper Series 457, European Central Bank. [Downloadable!]
• Ulrich Bindseil, 2004. "The operational target of monetary policy and the rise and fall of reserve position doctrine," Working Paper Series 372, European Central Bank. [Downloadable!]
• Jesús Fernández-Huertas Moraga & Jean-Pierre Vidal, 2004. "Fiscal sustainability and public debt in an endogenous growth model," Working Paper Series 395, European Central Bank. [Downloadable!]
• Valeria De Bonis & Pompeo Della Posta, 2005. "Strategic interactions between monetary and fiscal authorities in a monetary union," Working Papers de Economia (Economics Working Papers) 26, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro. [Downloadable!]
• Mika Tujula & Guido Wolswijk, 2004. "What determines fiscal balances? An empirical investigation in determinants of changes in OECD budget balances," Working Paper Series 422, European Central Bank. [Downloadable!]
• Shigeru Fujita & Garey Ramey, 2005. "The Dynamic Beveridge Curve," Macroeconomics 0509026, EconWPA. [Downloadable!]
• Ulrich Bindseil & Gonzalo Camba-Mendez & Astrid Hirsch & Benedict Weller, 2004. "Excess reserves and the implementation of monetary policy of the ECB," Working Paper Series 361, European Central Bank. [Downloadable!]
• Leif Danziger, 2005. "Output Effects of Inflation with Fixed Price- and Quantity-Adjustment Costs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
• Hans Peter Grüner & Bernd Hayo & Carsten Hefeker, 2005. "Unions, wage setting and monetary policy uncertainty," Working Paper Series 490, European Central Bank. [Downloadable!]
• Björn Fischer & Petra Köhler & Franz Seitz, 2004. "The demand for euro area currencies," Working Paper Series 330, European Central Bank. [Downloadable!]
• Lorenzo Cappiello & Stéphane Guéné, 2005. "Measuring market and inflation risk premia in France and in Germany," Working Paper Series 436, European Central Bank. [Downloadable!]
• Frank Smets & Raf Wouters, 2004. "Forecasting with a Bayesian DSGE model - an application to the euro area," Working Paper Series 389, European Central Bank. [Downloadable!]
• Marco Del Negro & Frank Schorfheide, 2005. "Monetary policy analysis with potentially misspecified models," Working Paper Series 475, European Central Bank. [Downloadable!]
• Matthias Mohr, 2005. "A trend-cycle(-season) filter," Working Paper Series 499, European Central Bank. [Downloadable!]
• Tamim Bayoumi & Douglas Laxton & Paolo Pesenti, 2004. "Benefits and spillovers of greater competition in Europe: A macroeconomic assessment," Working Paper Series 341, European Central Bank. [Downloadable!]
• Attila Rátfai, 2004. "Inflation and relative price asymmetry," Working Paper Series 301, European Central Bank. [Downloadable!]
• Patrick Lünnemann & Thomas Y. Mathä, 2005. "Regulated and services’ prices and inflation persistence," Working Paper Series 466, European Central Bank. [Downloadable!]
• Andrea Ferrero, 2005. "Fiscal and monetary rules for a currency union," Working Paper Series 502, European Central Bank. [Downloadable!]
• Guido Ascari & Neil Rankin, 2004. "Perpetual youth and endogenous labour supply: a problem and a possible solution," Working Paper Series 346, European Central Bank. [Downloadable!]
• Michele Ca’ Zorzi & Roberto A. De Santis & Fabrizio Zampolli, 2005. "Welfare implications of joining a common currency," Working Paper Series 445, European Central Bank. [Downloadable!]
• Peter Hördahl & Oreste Tristani & David Vestin, 2004. "A joint econometric model of macroeconomic and term structure dynamics," Working Paper Series 405, European Central Bank. [Downloadable!]
• Vítor Gaspar & Gabriel Pérez Quirós & Hugo Rodríguez Mendizábal, 2004. "Interest rate determination in the interbank market," Working Paper Series 351, European Central Bank. [Downloadable!]
• Fabrice Collard & Harris Dellas, 2004. "The great inflation of the 1970s," Working Paper Series 336, European Central Bank. [Downloadable!]
• Silvia Ardagna, 2004. "Financial markets’ behavior around episodes of large changes in the fiscal stance," Working Paper Series 390, European Central Bank. [Downloadable!]
• Robert-Paul Berben & Alberto Locarno & Julian Morgan & Javier Valles, 2004. "Cross-country differences in monetary policy transmission," Working Paper Series 400, European Central Bank. [Downloadable!]
• Fabio Rumler, 2005. "Estimates of the open economy New Keynesian Phillips curve for euro area countries," Working Paper Series 496, European Central Bank. [Downloadable!]
• Andreas Beyer & Roger E. A. Farmer, 2004. "On the indeterminacy of New-Keynesian economics," Working Paper Series 323, European Central Bank. [Downloadable!]
• António Afonso & Christiane Nickel & Philipp Rother, 2005. "Fiscal consolidations in the Central and Eastern European countries," Working Paper Series 473, European Central Bank. [Downloadable!]
• Silvia Ardagna & Francesco Caselli & Timothy Lane, 2004. "Fiscal discipline and the cost of public debt service: some estimates for OECD countries," Working Paper Series 411, European Central Bank. [Downloadable!]
• Christian Ewerhart & Nuno Cassola & Steen Ejerskov & Natacha Valla, 2003. "Optimal allotment policy in the eurosystem’s main refinancing operations?," Working Paper Series 295, European Central Bank. [Downloadable!]
• Keith Küster & Volker Wieland, 2005. "Insurance policies for monetary policy in the euro area," Working Paper Series 480, European Central Bank. [Downloadable!]
• Christopher Bowdler & Eilev S. Jansen, 2004. "A mark-up model of inflation for the euro area," Working Paper Series 306, European Central Bank. [Downloadable!]
• Alessandro Calza & João Sousa, 2005. "Output and inflation responses to credit shocks - are there threshold effects in the euro area?," Working Paper Series 481, European Central Bank. [Downloadable!]
• Jérôme Henry & Pablo Hernández de Cos & Sandro Momigliano, 2004. "The short-term impact of government budgets on prices: evidence from macroeconomic models," Working Paper Series 396, European Central Bank. [Downloadable!]
• Javier J. Pérez, 2005. "Early-warning tools to forecast general government deficit in the euro area: the role of intra-annual fiscal indicators," Working Paper Series 497, European Central Bank. [Downloadable!]
• Ricardo Llaudes, 2005. "The Phillips curve and long-term unemployment," Working Paper Series 441, European Central Bank. [Downloadable!]
• Emmanuel Dhyne & Luis J. Álvarez & Hervé Le Bihan & Giovanni Veronese & Daniel Dias & Johannes Hoffmann & Nicole Jonker & Patrick Lünnemann & Fabio Rumler & Jouko Vilmunen, 2005. "Price setting in the euro area: some stylized facts from individual consumer price data," Working Paper Series 524, European Central Bank. [Downloadable!]
• Fabio Canova & Matteo Ciccarelli & Eva Ortega, 2004. "Similarities and convergence in G-7 cycles," Working Paper Series 312, European Central Bank. [Downloadable!]
• Rolf Strauch & Mark Hallerberg & Jürgen von Hagen, 2004. "Budgetary forecasts in Europe - the track record of stability and convergence programmes," Working Paper Series 307, European Central Bank. [Downloadable!]
• Rebeca Jiménez-Rodríguez & Marcelo Sánchez, 2004. "Oil price shocks and real GDP growth: empirical evidence for some OECD countries," Working Paper Series 362, European Central Bank. [Downloadable!]
• W. Jos Jansen & Ad C.J. Stokman, 2004. "Foreign direct investment and international business cycle comovement," Working Paper Series 401, European Central Bank. [Downloadable!]
• Frédéric Boissay & Jean-Pierre Villetelle, 2005. "The French block of the ESCB multi-country model," Working Paper Series 456, European Central Bank. [Downloadable!]
• Robert Inklaar & Richard Jong-A-Pin & Jakob de Haan, 2005. "Trade and Business Cycle Synchronization in OECD Countries - a Re-examination," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
• Michael Ehrmann & Marcel Fratzscher & Roberto Rigobon, 2005. "Stocks, bonds, money markets and exchange rates - measuring international financial transmission," Working Paper Series 452, European Central Bank. [Downloadable!]
• Marcin Przybyla & Moreno Roma, 2005. "Does product market competition reduce inflation? Evidence from EU countries and sectors," Working Paper Series 453, European Central Bank. [Downloadable!]
• Timothy Cogley & Thomas J. Sargent, 2005. "The conquest of U.S. inflation: learning and robustness to model uncertainty," Working Paper Series 478, European Central Bank. [Downloadable!]
• Andreas Beyer & Roger E. A. Farmer & Jérôme Henry & Massimiliano Marcellino, 2005. "Factor analysis in a New-Keynesian model," Working Paper Series 510, European Central Bank. [Downloadable!]
• Carlos Robalo Marques, 2004. "Inflation persistence - facts or artefacts?," Working Paper Series 371, European Central Bank. [Downloadable!]
• Carsten Detken & Vítor Gaspar & Bernhard Winkler, 2004. "On prosperity and posterity: the need for fiscal discipline in a monetary union," Working Paper Series 420, European Central Bank. [Downloadable!]
• Yunus Aksoy & Miguel A. León-Ledesma, 2005. "Interest rates and output in the long-run," Working Paper Series 434, European Central Bank. [Downloadable!]
• Paul McNelis & Peter McAdam, 2004. "Forecasting inflation with thick models and neural networks," Working Paper Series 352, European Central Bank. [Downloadable!]
• Danny Pitzel & Lenno Uusküla, 2005. "The Effect of Financial Depth on Monetary Transmission," Bank of Estonia Working Papers 2005-10, Bank of Estonia, revised 10 Oct 2005. [Downloadable!]
• Eilev S. Jansen, 2004. "Modelling inflation in the euro area," Working Paper Series 322, European Central Bank. [Downloadable!]
• Philippe Michel & Emmanuel Thibault & Jean-Pierre Vidal, 2004. "Intergenerational altruism and neoclassical growth models," Working Paper Series 386, European Central Bank. [Downloadable!]
• Christian Ewerhart & Nuno Cassola & Steen Ejerskov & Natacha Valla, 2004. "Liquidity, information, and the overnight rate," Working Paper Series 378, European Central Bank. [Downloadable!]
• Fabio Moneta, 2003. "Does the yield spread predict recessions in the euro area?," Working Paper Series 294, European Central Bank. [Downloadable!]
• Andrea Vaona, 2005. "Multiplicatively Separable Preferences and Output Persistence," Birkbeck Working Papers in Economics and Finance 0511, Birkbeck, School of Economics, Mathematics & Statistics. [Downloadable!]
• Kevin X.D. Huang & Zheng Liu, 2004. "Production interdependence and welfare," Working Paper Series 355, European Central Bank. [Downloadable!]
• Michael Ehrmann & Marcel Fratzscher, 2005. "Communication and decision-making by central bank committees - different strategies, same effectiveness?," Working Paper Series 488, European Central Bank. [Downloadable!]
• Carlos Bernadell & Joachim Coche & Ken Nyholm, 2005. "Yield curve prediction for the strategic investor," Working Paper Series 472, European Central Bank. [Downloadable!]
• Claire Loupias & Roland Ricart, 2004. "Price setting in France: new evidence from survey data," Working Paper Series 423, European Central Bank. [Downloadable!]
• Roel M.W. J. Beetsma & Xavier Debrun, 2005. "Implementing the stability and growth pact - enforcement and procedural flexibility," Working Paper Series 433, European Central Bank. [Downloadable!]
• Luc Aucremanne & Emmanuel Dhyne, 2005. "Time-dependent versus state-dependent pricing - a panel data approach to the determinants of Belgian consumer price changes," Working Paper Series 462, European Central Bank. [Downloadable!]
• Mónica Dias & Daniel Dias & Pedro D. Neves, 2004. "Stylised features of price setting behaviour in Portugal: 1992 - 2001," Working Paper Series 332, European Central Bank. [Downloadable!]
• Kerstin Bernoth & Jürgen von Hagen & Ludger Schuknecht, 2004. "Sovereign risk premia in the European government bond market," Working Paper Series 369, European Central Bank. [Downloadable!]
• Gabe de Bondt & Benoit Mojon & Natacha Valla, 2005. "Term structure and the sluggishness of retail bank interest rates in euro area countries," Working Paper Series 518, European Central Bank. [Downloadable!]
• Thomas Warmedinger, 2004. "Import prices and pricing-to-market effects in the euro area," Working Paper Series 299, European Central Bank. [Downloadable!]
• Nicholai Benalal & Juan Luis Diaz del Hoyo & Bettina Landau & Moreno Roma & Frauke Skudelny, 2004. "To aggregate or not to aggregate? Euro area inflation forecasting," Working Paper Series 374, European Central Bank. [Downloadable!]
• Mattias Villani & Anders Warne, 2003. "Monetary policy analysis in a small open economy using bayesian cointegrated structural VARs?," Working Paper Series 296, European Central Bank. [Downloadable!]
• Karl Whelan, 2004. "Staggered price contracts and inflation persistence: some general results," Working Paper Series 417, European Central Bank. [Downloadable!]
• Daniel A. Dias & Carlos Robalo Marques & João M. C. Santos Silva, 2005. "Time or state dependent price setting rules? Evidence from Portuguese micro data," Working Paper Series 511, European Central Bank. [Downloadable!]
• Paul De Grauwe & Francesco Paolo Mongelli, 2005. "Endogeneities of optimum currency areas - what brings countries sharing a single currency closer together?," Working Paper Series 468, European Central Bank. [Downloadable!]
• Jürgen Wiemers & Ulrike Neyer, 2003. "Why do we have an interbank money market?," IWH Discussion Papers 182, Halle Institute for Economic Research. [Downloadable!]
• Matthieu Bussière & Marcel Fratzscher & Gernot J. Müller, 2005. "Productivity shocks, budget deficits and the current account," Working Paper Series 509, European Central Bank. [Downloadable!]
• Andrzej Rzonca & Piotr Cizkowicz, 2005. "Non-Keynesian effects of fiscal contraction in new member states," Working Paper Series 519, European Central Bank. [Downloadable!]
• Andrew T. Levin & Jeremy M. Piger, 2004. "Is inflation persistence intrinsic in industrial economies?," Working Paper Series 334, European Central Bank. [Downloadable!]
• Laurent Baudry & Hervé Le Bihan & Patrick Sevestre & Sylvie Tarrieu, 2004. "Price rigidity. Evidence from the French CPI micro-data," Working Paper Series 384, European Central Bank. [Downloadable!]
• Antonio Matas Mir & Denise R Osborn, 2004. "Seasonal adjustment and the detection of business cycle phases," Working Paper Series 357, European Central Bank. [Downloadable!]
• Luis J. Álvarez & Ignacio Hernando, 2004. "Price setting behaviour in Spain: stylised facts using consumer price micro data," Working Paper Series 416, European Central Bank. [Downloadable!]
• Trevor Breusch, 2005. "Australia's Cash Economy: Are the estimates credible?," Macroeconomics 0509025, EconWPA, revised 23 Sep 2005. [Downloadable!]
• M. Hashem Pesaran & Til Schuermann & Björn-Jakob Treutler, 2005. "Global Business Cycles and Credit Risk," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
• Sharif Md. Raihan & Yi Wen & Bing Zeng, 2005. "Wavelet: a new tool for business cycle analysis," Working Papers 2005-050, Federal Reserve Bank of St. Louis. [Downloadable!]
• Claudia Kwapil & Josef Baumgartner & Johann Scharler, 2005. "The price-setting behavior of Austrian firms - some survey evidence," Working Paper Series 464, European Central Bank. [Downloadable!]
• Olli Castrén, 2005. "Estimating and analysing currency options implied risk-neutral density functions for the largest new EU member states," Working Paper Series 440, European Central Bank. [Downloadable!]
• Silvia Fabiani & Angela Gattulli & Roberto Sabbatini, 2004. "The pricing behaviour of Italian firms: new survey evidence on price stickiness," Working Paper Series 333, European Central Bank. [Downloadable!]
• Yi Wen, 2005. "Where's the beef? the trivial dynamics of real business cycle models," Working Papers 2005-039, Federal Reserve Bank of St. Louis. [Downloadable!]
• Michael Ehrmann & Marcel Fratzscher, 2004. "Taking stock: monetary policy transmission to equity markets," Working Paper Series 354, European Central Bank. [Downloadable!]
• Don H. Kim & Jonathan H. Wright, 2005. "An arbitrage-free three-factor term structure model and the recent behavior of long-term yields and distant-horizon forward rates," Finance and Economics Discussion Series 2005-33, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
• Luc Aucremanne & Martine Druant, 2005. "Price-setting behaviour in Belgium - what can be learned from an ad hoc survey?," Working Paper Series 448, European Central Bank. [Downloadable!]
• Yukinobu Kitamura, 2005. "Dynamic Consumption Behavior: Evidence from Japanese Household Panel Data (This paper was revised as 06-184 in August 2006)," Hi-Stat Discussion Paper Series d05-116, Institute of Economic Research, Hitotsubashi University.
• Daniel Dias & Carlos Robalo Marques, 2005. "Using mean reversion as a measure of persistence," Working Paper Series 450, European Central Bank. [Downloadable!]
• Marcel Fratzscher, 2004. "Communication and exchange rate policy," Working Paper Series 363, European Central Bank. [Downloadable!]
• Cyril Monnet, 2005. "Counterfeiting and inflation," Working Paper Series 512, European Central Bank. [Downloadable!]
• Ulrich Bindseil & Tobias Linzert & Dieter Nautz, 2004. "The longer term refinancing operations of the ECB," Working Paper Series 359, European Central Bank. [Downloadable!]
• Ester Faia & Tommaso Monacelli, 2004. "Ramsey monetary policy and international relative prices," Working Paper Series 344, European Central Bank. [Downloadable!]
• Paulo Flavio Nacif Drummond & Zuzana Murgasova & Susan Schadler & Rachel van Elkan & Louis Kuijs, 2005. "Adopting the Euro in Central Europe: Challenges of the Next Step in European Integration," IMF Occasional Papers 234, International Monetary Fund.
• Michael Ehrmann & Marcel Fratzscher, 2004. "Exchange rates and fundamentals - new evidence from real-time data," Working Paper Series 365, European Central Bank. [Downloadable!]
• Plutarchos Sakellaris & Focco W. Vijselaar, 2004. "Capital quality improvement and the sources of growth in the euro area," Working Paper Series 368, European Central Bank. [Downloadable!]
• Astrid Van Landschoot, 2004. "Determinants of euro term structure of credit spreads," Working Paper Series 397, European Central Bank. [Downloadable!]
• Imbs, Jean & Rancière, Romain, 2005. "The Overhang Hangover," CEPR Discussion Papers 5210, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
• Anindya Banerjee & Massimiliano Marcellino & Igor Masten, 2005. "Forecasting macroeconomic variables for the new member states of the European Union," Working Paper Series 482, European Central Bank. [Downloadable!]
• Giovanni Veronese & Silvia Fabiani & Roberto Sabbatini, 2005. "Consumer price behaviour in Italy - evidence from micro CPI data," Working Paper Series 449, European Central Bank. [Downloadable!]
• Zheng Liu & Evi Pappa, 2005. "Gains from international monetary policy coordination - does it pay to be different?," Working Paper Series 514, European Central Bank. [Downloadable!]
• Ricardo de O. Cavalcanti & Andrés Erosa & Tod Temzelides, 2004. "Liquidity, money creation and destruction, and the returns to banking," Working Paper Series 394, European Central Bank. [Downloadable!]
• Gilles Mourre, 2004. "Did the pattern of aggregate employment growth change in the euro area in the late 1990s?," Working Paper Series 358, European Central Bank. [Downloadable!]
• Christopher J. Erceg & Luca Guerrieri & Christopher Gust, 2006. "SIGMA: a new open economy model for policy analysis," International Finance Discussion Papers 835, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
• Kadri Männasoo & David G Mayes, 2005. "Investigating the Early Signals of Banking Sector Vulnerabilities in Central and East European Emerging Markets," Bank of Estonia Working Papers 2005-08, Bank of Estonia, revised 10 Oct 2005. [Downloadable!]
• Anna Sanz de Galdeano & Jarkko Turunen, 2005. "Real wages and local unemployment in the euro area," Working Paper Series 471, European Central Bank. [Downloadable!]
• Gabe de Bondt & David Marqués, 2004. "The high-yield segment of the corporate bond market: a diffusion modelling approach for the United States, the United Kingdom and the euro area," Working Paper Series 313, European Central Bank. [Downloadable!]
• Luis J. Álvarez & Pablo Burriel & Ignacio Hernando, 2005. "Price setting behaviour in Spain: evidence from micro PPI data," Working Paper Series 522, European Central Bank. [Downloadable!]
• Josef Baumgartner & Ernst Glatzer & Fabio Rumler & Alfred Stiglbauer, 2005. "How frequently do consumer prices change in Austria? Evidence from micro CPI data," Working Paper Series 523, European Central Bank. [Downloadable!]
• Francesca V. Monti, 2003. "Implementing optimal control cointegrated I(1) structural VAR models," Working Paper Series 288, European Central Bank. [Downloadable!]
• Christian Ewerhart & Nuno Cassola & Steen Ejerskov & Natacha Valla, 2004. "Sporadic manipulation in money markets with central bank standing facilities," Working Paper Series 399, European Central Bank. [Downloadable!]
• Daniel L. Thornton, 2005. "Open market operations and the federal funds rate," Working Papers 2005-063, Federal Reserve Bank of St. Louis. [Downloadable!]
• Tjeerd Jellema & Steven Keuning & Peter McAdam & Reimund Mink, 2004. "Developing a euro area accounting matrix: issues and applications," Working Paper Series 356, European Central Bank. [Downloadable!]
• Deroose, Servaas & Turrini, Alessandro Antonio, 2005. "The Short-Term Budgetary Implications of Structural Reforms. Evidence from a Panel of EU Countries," CEPR Discussion Papers 5217, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
• Michael Dueker, 2006. "Kalman filtering with truncated normal state variables for Bayesian estimation of macroeconomic models," Working Papers 2005-057, Federal Reserve Bank of St. Louis. [Downloadable!]
• Zhang Guoying & Zheng Pi-e, 2005. "Analysis on Energy Development of China," Macroeconomics 0509024, EconWPA. [Downloadable!]
• Marco Del Negro & Frank Schorfheide & Frank Smets & Raf Wouters, 2005. "On the fit and forecasting performance of New-Keynesian models," Working Paper Series 491, European Central Bank. [Downloadable!]
• Mark W. French, 2005. "Why and when do spot prices of crude oil revert to futures price levels?," Finance and Economics Discussion Series 2005-30, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
• Claudia M. Buch & John C. Driscoll & Charlotte Ostergaard, 2005. "Cross-border diversification in bank asset portfolios," Working Paper Series 429, European Central Bank. [Downloadable!]
• Chakriya Bowman, 2005. "The Governor or the Sheriff? Pacific Island Nations and Dollarization," Macroeconomics Working Papers 546, East Asian Bureau of Economic Research. [Downloadable!]
• Paul Mizen & Philip Vermeulen, 2005. "Corporate investment and cash flow sensitivity - what drives the relationship?," Working Paper Series 485, European Central Bank. [Downloadable!]
• Xavier Freixas & Bruno M. Parigi & Jean-Charles Rochet, 2003. "The lender of last resort - a 21st century approach," Working Paper Series 298, European Central Bank. [Downloadable!]
• Nicole Jonker & Carsten Folkertsma & Harry Blijenberg, 2004. "An empirical analysis of price setting behaviour in the Netherlands in the period 1998-2003 using micro data," Working Paper Series 413, European Central Bank. [Downloadable!]
• Item repec:col:000147:001320 is not listed on IDEAS anymore

• Simonetta Rosati & Stefania Secola, 2005. "Explaining cross-border large-value payment flows - evidence from TARGET and EURO 1 data," Working Paper Series 443, European Central Bank. [Downloadable!]
• Richard Disney, 2005. "Household Saving Rates and the Design of Social Security Programmes: Evidence from a Country Panel," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
• Rainer Klump & Peter McAdam & Alpo Willman, 2004. "Factor substitution and factor augmenting technical progress in the US - a normalized supply-side system approach," Working Paper Series 367, European Central Bank. [Downloadable!]
• Charles Goodhart, 2005. "An Essay on the Interactions between the Bank of England's Forecasts, The MPC's Policy Adjustments, and the Eventual Outcome," FMG Discussion Papers dp546, Financial Markets Group. [Downloadable!] (restricted)
• Richard Baldwin & Frauke Skudelny & Daria Taglioni, 2005. "Trade effects of the euro - evidence from sectoral data," Working Paper Series 446, European Central Bank. [Downloadable!]
• Vincent Brousseau & Andrés Manzanares, 2005. "A look at intraday frictions in the euro area overnight deposit market," Working Paper Series 439, European Central Bank. [Downloadable!]
• R. Mohan & D. Shyjan, 2005. "Taxing powers and developmental role of the Indian states: A study with reference to Kerala," Centre for Development Studies, Trivendrum Working Papers 375, Centre for Development Studies, Trivendrum, India. [Downloadable!]
• Nævdal, Eric & Wagner, Martin, 2005. "On Aghion's and Blanchard's "On the Speed of Transition in Central Europe"," Economics Series 175, Institute for Advanced Studies. [Downloadable!]
• Olli Castrén, 2004. "Do options-implied RND functions on G3 currencies move around the times of interventions on the JPY/USD exchange rate?," Working Paper Series 410, European Central Bank. [Downloadable!]
• Luis J. Álvarez & Pablo Burriel & Ignacio Hernando, 2005. "Do decreasing hazard functions for price changes make any sense?," Working Paper Series 461, European Central Bank. [Downloadable!]
• Giovanni Lombardo & Alan Sutherland, 2005. "Computing second-order-accurate solutions for rational expectation models using linear solution methods," Working Paper Series 487, European Central Bank. [Downloadable!]
• Peter Galos & Kimmo Soramäki, 2005. "Systemic risk in alternative payment system designs," Working Paper Series 508, European Central Bank. [Downloadable!]
• Marc Henrard, 2005. "Convexity adjustment and delivery option in Australian dollar 90 Day Bills Futures," Finance 0509027, EconWPA. [Downloadable!]
• Darcey McVanel, 2005. "The Impact of Unanticipated Defaults in Canada's Large Value Transfer System," Working Papers 05-25, Bank of Canada. [Downloadable!]
• Henri Pagès & David Humphrey, 2005. "Settlement finality as a public good in large-value payment systems," Working Paper Series 506, European Central Bank. [Downloadable!]

This page was last updated on 2009-11-8.