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Economic theory:

1995

1994

Title: Long Memory Processes and Chronic Inflation: Detecting Homogeneous Components in a Linear Rational Expectation Model

Author: Scacciavillani, Fabio

Series: Working Paper No. 1994/002

Date: January 1, 1994

Notes: The empirical analysis for six countries, Argentina, Brazil, Bolivia, Chile, Peru, and Former Socialist Federal Republic of Yugoslavia is included. Also published in Staff Papers, Vol. 41, No. 3, September 1994.

Subject: Economic theory Fiscal policy Hyperinflation Inflation Monetary base Money Prices Rational expectations

1993

Title: Monetary and Exchange Rate Arrangements for Nafta

Author: Eichengreen, Barry ; Bayoumi, Tamim

Series: Working Paper No. 1993/020

Date: March 1, 1993

Notes: Studies the extent to which the North American Free Trade Area (NAFTA) meets the criteria for a common currency area, compared with the EC.

Subject: Conventional peg Economic integration Economic theory Exchange rates Foreign exchange Monetary unions Supply shocks

1992

Title: Are Prices Countercyclical?

Author: Prasad, S Eswar ; Chadha, Bankim

Series: Working Paper No. 1992/088

Date: October 1, 1992

Notes: Study on output and prices in the post-war United States. Also published in Staff Papers, Vol. 40, No. 2, June 1993.

Subject: Business cycles Economic growth Economic theory Inflation Prices Sticky prices Supply shocks

Title: Contacts, Credibility and Common Knowledge: Their Influenceon Inflation Convergence

Author: Miller, Marcus ; Sutherland, Alan

Series: Working Paper No. 1992/026

Date: March 1, 1992

Notes: Also published in Staff Papers, Vol. 40, No. 1, March 1993.

Subject: Conventional peg Economic theory Exchange rates Foreign exchange Inflation Inflation persistence Prices Rational expectations

Title: Does Sequencing of Privatization Matter in Reforming Planned Economies?

Author: Husain, M. Aasim ; Sahay, Ratna

Series: Working Paper No. 1992/013

Date: February 1, 1992

Notes: Also published in Staff Papers, Vol. 39, No. 4, December 1992.

Subject: Competition Economic sectors Economic theory Financial markets Privatization Public sector Supply shocks

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