Money Macro and Finance Research Group

For technical questions regarding this series, please contact (Christopher F. Baum)
Series handle: repec:mmf:mmfc03

• 112 Collateral constraints in a monetary framework with flexible prices (updated version awaited)
  by Haiping Zhang [Downloadable!]
• 111 Alternative explanations for US inflation performance, 1961-2000
  by Charles Weise [Downloadable!]
• 110 Taylor Rules: intercepting expectations
  by Mark Weder [Downloadable!]
• 109 Endogenous business cycles and growth
  by Klaus Walde [Downloadable!]
• 108 Active monetary policy, passive fiscal policy and the value of pure debt: some further monetarist arithmetic
  by Leopold von Thadden [Downloadable!]
• 107 A vectorautoregressive investment model (VIM) and monetary policy transmission: panel evidence from German firms
  by Ulf von Kalckreuth [Downloadable!]
• 106 Macroeconomic evolution aftera shock: the role of financial intermediation
  by Dmitri Vinogradov [Downloadable!]
• 105 The consistent framework of Canadian macroeconomic policies: a good example for the European monetary union
  by Virginie Traclet [Downloadable!]
• 104 Recursive global games
  by Flavio Toxvaerd & Chryssi Giannitsarou [Downloadable!]
• 103 The interaction of fiscal and monetary policies: some evidence using structural econometric models'
  by Patrizio Tirelli & V. Anton Muscatelli & Carmine Trecroci [Downloadable!]
• 102 The consumption-real exchange rate anomaly
  by Christoph Thoenissen & Gianluca Benigno [Downloadable!]
• 101 Measuring trend growth: how useful are the great ratios?
  by Jonathan Temple & Cliff Attfield [Downloadable!]
• 100 Private information of the Fed, predictability of stock returns and expected monetary policy
  by Bedri Tas [Downloadable!]
• 99 Optimal monetary policy and productivity growth
  by Andrea Tambalotti [Downloadable!]
• 98 Long-term public finance report: an analysis of fiscal sustainability
  by Julie Tam [Downloadable!]
• 97 The expenditure switching effect and fixed versus floating exchange rates
  by Alan Sutherland & Ozge Senay [Downloadable!]
• 96 Measuring the time-inconsistency of US monetary policy
  by Paolo Surico [Downloadable!]
• 95 Monetary integration and inflation preferences: a real options analysis
  by Frank Strobel [Downloadable!]
• 94 Demand and supply in the ECB's main refinancing operations
  by Livio Stracca & Clara Martin Moss & Livio Stracca [Downloadable!]
• 93 Structural uncertainty and central bank conservatism: the ignorant should keep their eyes shut
  by Michael Spagat & Joao Mauricio Rosal [Downloadable!]
• 92 Epidemiological expectations and consumption dynamics
  by Martin Sommer & Christopher Carroll [Downloadable!]
• 91 Evidence on purchasing power parity from univariate models: the case of smooth transition trend-stationarity
  by Robert Sollis [Downloadable!]
• 90 Testing for nonlinear cointegration between stock prices and dividends
  by Andy Snell & George Kapetanios & Yongcheol Shin [Downloadable!]
• 89 Macroeconomic sources of equity risk
  by P. N. Smith [Downloadable!]
• 88 Can menu costs justify inflation? Or, might positive inflation targets be right after all?
  by Peter Sinclair [Downloadable!]
• 87 The fiscal smile - on the effectiveness and limits of fiscal stabilizers
  by Maria Silgoner & Jesus Crespo Cuaresma & Gerhard Reitschuler [Downloadable!]
• 86 Transmission parameter uncertainty and heterogeneity in EMU: which federal monetary policy for the ECB?
  by Marc-Alexandre Senegas & Paul De Grauwe [Downloadable!]
• 85 The forward unbiasedness hypothesis and the forward premium: a nonlinear analysis
  by Sofiane Sekioua [Downloadable!]
• 84 Why is the index smile so steep?
  by Christian Schlag & Nicole Branger [Downloadable!]
• 83 On the relevance of open market operations for the short-run effects of monetary policy
  by Andreas Schabert [Downloadable!]
• 82 Inflation targeting and monetary analysis in Chile and Mexico
  by Jose Sanchez-Fung [Downloadable!]
• 81 Does stricter employment protection legislation deter FDI?
  by Martin Robson & Roxana Radulescu [Downloadable!]
• 80 Nonlinearity in testing for fiscal sustainability
  by Roberto Ricciuti [Downloadable!]
• 79 Risk factors of inflation-indexed and conventional government bonds and the APT
  by Andreas Reschreiter [Downloadable!]
• 78 Optimal dynamic taxation with indivisible labor
  by Thomas Renstrom & Parantap Basu [Downloadable!]
• 77 Dynamic optimal taxation with human capital
  by Leslie Reinhorn [Downloadable!]
• 76 Exchange rate regime switching in favourable period: lessons from Asia for central and eastern European countries
  by Christelle Puibasset
• 75 Consumers' expenditure, durables and dynamics: the UK consumption ECM redux
  by Simon Price & Andrew Blake [Downloadable!]
• 74 Imperfect information and the excess sensitivity of private consumption to government expenditures
  by Lorenzo Pozzi [Downloadable!]
• 73 Fiscal, monetary and wage policies in a MU: is there a need for fiscal rules?
  by Luca Onorante [Downloadable!]
• 72 The impact of imperfect credibility in a transition to price stability
  by Anamaria Nicolae & Charles Nolan [Downloadable!]
• 71 Trade costs, market integration, and macroeconomic volatility
  by Kanda Naknoi [Downloadable!]
• 70 Consumer credit conditions in the UK
  by John Muellbauer & Emilio Fernandez-Corugedo [Downloadable!]
• 69 Evaluating currency crises: the case of the European Monetary System
  by Kostas Mouratidis & Nicola Spagnolo [Downloadable!]
• 68 The problems of learning and indeterminacy in inflation targeting based on constant interest rate projections
  by Kaushik Mitra & Seppo Honkapohja [Downloadable!]
• 67 Reconsidering the evidence: are Eurozone business cycles converging?
  by James Mitchell & Michael Massmann [Downloadable!]
• 66 Effects of the exchange-rate regime on trade: the role of price setting
  by Alexander Mihailov [Downloadable!]
• 65 Modelling long memory and risk premia in Latin American sovereign bond markets
  by Alfonso Mendoza [Downloadable!]
• 64 Is collateralised borrowing an amplification mechanism?
  by Roland Meeks [Downloadable!]
• 63 Non-linear predictability of UK stock market returns
  by David McMillan [Downloadable!]
• 62 The informational content of empirical measures of real interest rate and output gaps for the United Kingdom
  by Jack McKeown & Jens McKeown [Downloadable!]
• 61 Investments, financial structure and insiders' control of the cash-flow: an intertemporal discrete-time framework and a qualitative analysis
  by Marco Mazzoli [Downloadable!]
• 60 Optimising microfoundations for observed inflation persistence
  by Richard Mash [Downloadable!]
• 59 Nonlinear inflation dynamics: evidence from the UK
  by Christopher Martin & Michael Arghyrou & Costas Milas [Downloadable!]
• 58 Fixed exchange rates, monetary policy and macroeconomic interdependence'
  by Chris Marsh [Downloadable!]
• 57 Aid, governance, and private foreign investment: some puzzling findings and a possible explanation
  by Matthias Lutz & Philipp Harms [Downloadable!]
• 56 Monetary policy rules to preclude booms and busts
  by Olivier Loisel [Downloadable!]
• 55 Bidder behaviour in repo auctions without minimum bid rate: evidence from the Bundesbank
  by Tobias Linzert & Dieter Nautz & Jorg Breitung [Downloadable!]
• 54 Net foreign assets, interest rate policy, and macroeconomic stability
  by Ludger Linnemann & Andreas Schabert [Downloadable!]
• 53 Measuring the effect of money: test, estimation and identification
  by Mau-Ting Lin [Downloadable!]
• 52 Business survey forecasts and measurement of output trends in five European economies
  by Kevin Lee & Kalvinder Shields [Downloadable!]
• 51 Active and passive monetary policy in a non-Ricardian world
  by Tatiana Kirsanova [Downloadable!]
• 50 A note on timeless perspective policy design
  by Tatiana Kirsanova [Downloadable!]
• 49 Don't break the habit: structural stability tests of consumption models in the UK
  by Stuart Hyde & Mohamed Sherif [Downloadable!]
• 48 A joint econometric model of macroeconomic and term structure dynamics
  by Peter Hordahl & Oreste Tristani & David Vestin [Downloadable!]
• 47 Sticky prices, labour market rigidities and exchange rate puzzles
  by Richard Holt [Downloadable!]
• 46 Bank lending and property prices: some international evidence
  by Boris Hofmann [Downloadable!]
• 45 Saving, investment and the net foreign asset position
  by Mathias Hoffmann [Downloadable!]
• 44 Central bank communication and interest rate rules
  by Marco Hoeberichts [Downloadable!]
• 43 Inflation and human capital formation: theory and panel data evidence
  by Freddy Heylen & Arne Schollaert & Gerdie Everaert & Lorenzo Pozzi [Downloadable!]
• 42 Monetary policy uncertainty and unionized labour markets
  by Bernd Hayo & Hans Peter Gruner & Carsten Hefeker [Downloadable!]
• 41 Public expenditure and growth in developing countries: education is the key
  by Mohammad Haque & Niloy Bose & Denise R. Osborn [Downloadable!]
• 40 Information asymmetry: private knowledge beats collateral in reducing the information wedge
  by Aoife Hanley & Jonathan Crook [Downloadable!]
• 39 Foreign direct investment and exchange rate uncertainty in imperfectly competitive industries
  by Sylvia Gottschalk & R. Barrel & S.G. Hall [Downloadable!]
• 38 Customer switching behaviour and competition
  by Celine Gondat-Larralde [Downloadable!]
• 37 The Red May effect in the Chinese stock market
  by Eric Girardin [Downloadable!]
• 36 Supply-side reforms and learning dynamics
  by Chryssi Giannitsarou [Downloadable!]
• 35 Inside the black box: permanent vs transitory components and economic fundamentals
  by Anthony Garratt & Donald Robertson & Stephen Wright [Downloadable!]
• 34 International financial rescues and debtor country moral hazard
  by Prasanna Gai & Ashley Taylor [Downloadable!]
• 33 Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates
  by Michael Funke & Yu-Fu Chen [Downloadable!]
• 32 A new interpretation of the real exchange rate - yield differential nexus
  by Ana-Maria Fuertes & Jerry Coakley & Andrew Wood [Downloadable!]
• 31 US share prices and real demand and supply shocks
  by Patricia Fraser & Nicolaas Groenewold [Downloadable!]
• 30 Inflation, inflation uncertainty, and a common European Monetary Policy
  by Stilianos Fountas & Alexandra Ioannidis & Menelaos Karanasos [Downloadable!]
• 29 Modelling the demand for emerging market assets
  by Valpy FitzGerald & Derya Krolzig [Downloadable!]
• 28 Monetary policy in a world with different financial systems
  by Ester Faia [Downloadable!]
• 27 UK business investment: long-run elasticities and short-run dynamics
  by Colin Ellis & Simon Price [Downloadable!]
• 26 Exchange rates, commodities and the implications of volatility in a small open economy world
  by Rebecca Driver & Stephen Millard [Downloadable!]
• 25 Macro factors and the term structure of interest rates
  by Hans Dewachter [Downloadable!]
• 24 Money creation in a random matching model
  by Alexei Deviatov [Downloadable!]
• 23 Central bank transparency in theory and practice
  by Maria Demertzis & Andrew Hughes Hallett [Downloadable!]
• 22 Taxing capital income in a perpetual youth economy
  by Valeria De Bonis & Lusa Spataro [Downloadable!]
• 21 Exchange rate regime classification and real performances: new empirical evidence
  by Olivier Darne & Laetitia Ripoll-Bresson [Downloadable!]
• 20 Realized volatility and minimum capital requirements
  by John Cotter [Downloadable!]
• 19 The Balassa-Samuelson effect in an imperfectly competitive economy: empirical evidence for G7 countries
  by Javier Coto-Martinez & Juan C. Reboredo [Downloadable!]
• 18 Endogenous markups and fiscal policy
  by Luis Costa [Downloadable!]
• 17 The Feldstein-Horioka puzzle is not as bad as you think
  by Jerry Coakley & Ana-Maria Fuertes & Fabio Spagnolo [Downloadable!]
• 16 Testing for the uncovered interest parity using distributions implied by FX options
  by Martin Cincibuch & David Vavra [Downloadable!]
• 15 Assessing money supply rules
  by Ibrahim Chowdhury & Andreas Schabert [Downloadable!]
• 14 Option value, policy uncertainty, and the foreign direct investment decision
  by Yu-Fu Chen & Michael Funke [Downloadable!]
• 13 The impact of the cost of capital and of the decision to invest or to divest on investment behaviour: an empirical investigation using a panel of French services firms
  by Jean-Bernard Chatelain & Jean-Christophe Teurlai [Downloadable!]
• 12 Describing the Fed's conduct with simple Taylor rules: is interest rate smoothing important?
  by Efrem Castelnuovo [Downloadable!]
• 11 Habit formation and its implications for small open economies
  by Rodrigo Caputo [Downloadable!]
• 10 Stock market development and economic growth: a matter of informational problems
  by Salvatore Capasso [Downloadable!]
• 9 Testing financial constraints on firm investment using variable capital
  by Andrea Caggese [Downloadable!]
• 8 Is volatility risk priced? Properties of tests based on option hedging errors
  by Nicole Branger & Christian Schlag [Downloadable!]
• 7 Openness and the output-inflation tradeoff
  by Christopher Bowdler [Downloadable!]
• 6 French exchange rate management in the mid-1920s: lessons drawn from new evidence
  by Bertrand Blancheton [Downloadable!]
• 5 Vector autoregressive models versus neural networks in forecasting: an application to Euro-inflation and divisia money
  by Jane Binner & Rakesh Bissoondeeal & Thomas Elger & Alicia Gazely & Andrew Mullineux [Downloadable!]
• 4 Foreign direct investment in industrial R&D and exchange rate uncertainty in the UK
  by Bettina Becker & Stephen Hall [Downloadable!]
• 3 Benchmarks and targets under the SGP; evaluating safe deficit targets and automatic stabilisers using NiGEM
  by Ray Barrell & Ian Hurst [Downloadable!]
• 2 Non-linear and non-symmetric exchange-rate adjustment: new evidence from medium- and high-inflation economies
  by Michael Arghyrou & Virginie Boinet & Christopher Martin [Downloadable!]
• 1 Money market rates and implied CCAPM rates: some international evidence
  by Yamin Ahmad [Downloadable!]

Did you know? IDEAS was sponsored from 1997 to 2002 by the Université du Québec à Montréal.

This page was last updated on 2009-11-5.