Economics Working Papers

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99/39: What Causes Currency Crises: Sunspots, Contagion or Fundamentals?

Marcel Fratzscher

99/38: Upstream Mergers, Downstream Mergers, and Secret Vertical Contracts

C. Fumagalli and Massimo Motta

99/37: Analysing Monetary and Fiscal Policy Regimes using Deterministic and Stochastic Simulations

Ray Barrell, K. Dury and I. Hurst

1999/36: Distributive Policies and Economic Growth: An Optimal Taxation Approach

Günther Rehme

99/36: Distributive Policies and Economic Growth: an Optimal Taxation Approach

Günther Rehme

99/35: The Monetary Transmission Mechanism

Jess Benhabib and Roger Farmer

99/34: Indeterminacy with Non-Separable Utility

Rosalind Bennett and Roger Farmer

99/33: Two New Keynesian Theories of Sticky Prices

Roger Farmer

99/32: Outsiders in Economic Integration: the Case of a Transition Economy

Stefano Manzocchi and Gianmarco Ottaviano

99/31: Monopolistic Competition, Multiproduct Firms and Optimum Product Diversity

Gianmarco Ottaviano and Jacques Thisse

99/30: A New Approach to the Analysis of Shocks and the Cycle in a Model of Output and Employment

Hans-Martin Krolzig and J. Toro

99/29: The District Goes Global: Export vs FDI

Giorgio Basevi and Gianmarco Ottaviano

99/28: Ad Usum Delphini: a Primer in 'New Economic Geography'

Gianmarco Ottaviano

99/27: Integration, Agglomeration and the Political Economics of Factor Mobility

Gianmarco Ottaviano and Jacques Thisse

99/26: National Stochastic Trends and International Macroeconomic Fluctuations: the Role of the Current Account

Mathias Hoffmann

99/25: Current Accounts and the Persistence of Global and Country-Specific Shocks: Is Investment really too Volatile?

M. Hoffman

99/24: The European Business Cycle

Michael Artis, Hans-Martin Krolzig and J. Toro

99/23: Leniency Programs and Cartel Prosecution

Massimo Motta and Michele Polo

99/22: Fiscal Forecasting: the Track Record of the IMF, OECD and EC

Michael Artis and Massimiliano Marcellino

99/21: Economic Geography with Spatial Econometrics: a 'Third Way' to Analyse Economic Development and 'Equilibrium', with Application to the EU Regions

Bernard Fingleton

99/20: Euro Exchange Rates: What Can Be Expected in Terms of Volatility?

L. Coutinho

99/19: Employment and Distributional Effects of Restricting Working Time

Ramon Marimon and Fabrizio Zilibotti

99/18: Competition and Reputation

Ramon Marimon, Juan Pablo Nicolini and Pedro Teles

99/17: Rationalizability in Incomplete Information Games

Pierpaolo Battigalli

99/16: Search Subsidies vs Hiring Subsidies: a General equilibrium Analysis of Employment Vouchers

Marco Fugazza

99/15: Interactive Beliefs and Forward Induction

Pierpaolo Battigalli and Marciano Siniscalchi

1999/14: Public Policies and Education, Economic Growth and Income Distribution

Günther Rehme

99/14: Public Policies and Education, Economic Growth and Income Distribution

Günther Rehme

99/13: Sequential Decision Processes Make Behavioural Types Endogenous

E.B. de Villemur

99/12: Jordan Matrices on the Equivalence of the I(1) Conditions for VAR Systems

F. Archontakis

99/11: Career Choices of German High School Graduates: Evidence from the German Socio-Economic Panel

Monika Merz and A. Schimmelpfenning

99/10: A Bartlett Correction Factor for Tests on the Cointegrating Relations

Soren Johansen

99/9: A Small Sample Correction for Tests of Hypotheses on the Cointegrating Vectors

Soren Johansen

99/8: Interest Rate Spreads between Italy and Germany 1995-1997

Marcello D'Amato and Barbara Pistoresi

99/7: Estimating Money Demand in Italy 1970-1994

E. Gennari

99/6: Price/Wage Staggering and Persistence

Guido Ascari and J.A. Garcia

99/5: Relative Wage Concern and the Keynesian Contract Multiplier

Guido Ascari and J.A. Garcia

99/4: Learning While Searching for the Beat Alternative

Klaus Adam

99/3: Equilibrium Unemployment and Labour Force Market Flows in the UK

Ray Barrell and Rebecca Riley

99/2: Industry Earning Differentials in Ireland: 1987-1994

N. O'Donnell

99/1: How to Carry Out Land Consolidation: an International Comparison

J.-M. Zhou

98/40: Risk Neutral Forecasting

Spyros Skouras

98/39: Marcroeconomics of Distribution and Growth

Giuseppe Bertola

98/38: Heterogeneity and Stability: Variations on Scarf's Processes

E.B. de Villemur

98/37: Recursive Contracts

Albert Marcet and Ramon Marimon

98/21: Nelson and Plosser Revisited: Evidence from Fractional Arima Models

Luis Gil-Alana

98/20: Testing of Seasonal Fractional Integration in U.K. and Japanese Consumption and Income

Luis Gil-Alana and Peter Robinson

98/19: Multivariate Tests of Fractionally Integrated Hypotheses

Luis Gil-Alana

98/18: Fractional Integration in the Purchasing Power Parity

Luis Gil-Alana

98/17: Why Did Earnings Inequality Increase in Ireland: 1987-1994?

N. O'Donnell