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Foreign exchange:

1992

Title: Optimal and Sustainable Exchange Rate Regimes: A Simple Game-Theoretic Approach

Author: Kawai, Masahiro

Series: Working Paper No. 1992/100

Date: November 1, 1992

Notes: Examines the question of how to design an optimal and sustainable exchange rate regime in a world economy of two interdependent countries. Also published in Staff Papers, Vol. 40, No. 2, June 1993.

Subject: Conventional peg Exchange rate arrangements Exchange rate flexibility Exchange rates Foreign exchange Monetary base Money

Title: Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basle-Nyborg

Author: Perraudin, R. M. W. ; Gardner, H. E.

Series: Working Paper No. 1992/096

Date: November 1, 1992

Notes: Empirical study on daily French and German interest rate changes since the Basle-Nyborg agreement of September 1987. Also published in Staff Papers, Vol. 40, No. 2, June 1993.

Subject: Currencies Exchange rates Financial services Foreign exchange Foreign exchange intervention Long term interest rates Monetary aggregates Money Short term interest rates

Title: Capital Inflows to Latin America: The 1970's and the 1990's

Author: Reinhart, Carmen ; Calvo, Guillermo ; Leiderman, Leonardo

Series: Working Paper No. 1992/085

Date: October 1, 1992

Notes: Paper presented at the Tenth World Congress of the International Economic Association held in Moscow in August 1992.

Subject: Balance of payments Capital inflows Exports External debt Financial markets Foreign exchange International trade Real exchange rates Stock markets

Title: Currency Substitution and Cross-Border Monetary Aggregation: Evidence From the G-7

Author: Lane, D. Timothy ; Poloz, S. Stephen

Series: Working Paper No. 1992/081

Date: October 1, 1992

Notes: A multi-country empirical study of money demand for the G-7 countries during the period since 1973.

Subject: Currencies Demand for money Dollarization Exchange rates Foreign exchange Monetary policy Money National accounts Personal income

Title: The Gambia: Economic Adjustment in a Small Open Economy

Author: Verreydt, Eric ; Hadjimichael, T. Michael ; Rumbaugh, Thomas

Series: Occasional Paper No. 1992/011

Date: September 15, 1992

Notes: Prepared by Michael T. Hadjimichael, Thomas Rumbaugh, and Eric Verreydt, with Philippe Beaugrand and Christopher Chirwa.

Subject: Commercial banks Current spending Economic sectors Expenditure Financial institutions Foreign exchange Public enterprises Total expenditures

Title: Working Paper Summaries (WP/92/1 - WP/92/47)

Series: Working Paper No. 1992/058

Date: August 1, 1992

Notes: Compilation of summaries of Working Papers released during January-June 1992.

Subject: Asset and liability management Debt reduction Dollarization Exchange rate flexibility Exchange rates Foreign exchange Inflation Managed exchange rates Monetary policy Prices

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