IMF Working Papers
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- 1992/003: The Credibility of Nordic Exchange Rate Bands: 1987-1991

- Sami Geadah, Lars Svensson and Tapio Saavalainen
- 1992/002: Stabilization and Structural Reform in Czechoslovakia: An Assessment of the First Stage

- Bijan Aghevli, Tessa Van der Willigen and Eduardo Borensztein
- 1992/001: Foreign Currency Deposits and the Demand for Money in Developing Countries

- Mohsin Khan and Pierre-Richard Agénor
- 1991/134: Modelling the Yield Curve

- Mark Taylor
- 1991/133: The CFA Franc Zone: Currency Union and Monetary Standard

- James Boughton
- 1991/132: The Information Content of Prices in Derivative Security Markets

- Louis Scott
- 1991/131: Banking Policy and the Pricing of Deposit Guarantees: A New Approach

- W. Perraudin and Steven Fries
- 1991/130: Price and Volume Effects of a Devaluation in Developing Countries

- Arend Kouwenaar
- 1991/129: Credibility and the Cost of Export Subsidies

- Alexander Hoffmaister
- 1991/128: Evaluating Policy Rules Under Imperfect Credibility

- Paul Masson and Steven Symansky
- 1991/127: Financial Sector Reforms and Monetary Policy

- International Monetary Fund
- 1991/126: Government Ponzi Games and Debt Dynamics Under Uncertainty

- Leonardo Bartolini and Carlo Cottarelli
- 1991/125: Energy Pricing in the Soviet Union

- Manmohan Kumar and Kent Osband
- 1991/124: Sticky Exchange Rates and Flexible Prices: A Heretic View From the Interwar Period

- Anne Gulde and Holger Wolf
- 1991/123: Effects of Long-Run Demographic Changes in a Multi-Country Model

- Paul Masson
- 1991/122: Growth Strategies, Employment, and Income Distribution in Brazil: An Input-Output Assessment

- Benedict Clements
- 1991/121: Interest Rate Liberalization: Some Lessons From Africa

- Bart Turtelboom
- 1991/120: The Structure and Operation of the World Gold Market

- M. O'Callaghan
- 1991/119: Market Liberalization Policies in a Reforming Socialist Economy

- Elias Dinopoulos and Timothy Lane
- 1991/118: The Determinants of U.S. Real Interest Rates in the Long Run

- Sharmini Coorey
- 1991/117: Dollarization in Latin America: Gresham's Law in Reverse?

- Pablo Guidotti and Carlos Rodríguez
- 1991/116: Apartheid, Growth and Income Distribution in South Africa: Past History and Future Prospects

- Robert Corker and Tamim Bayoumi
- 1991/115: Dynamic Capital Mobility in Pacific Basin Developing Countries: Estimation and Policy Implications

- Hamid Faruqee
- 1991/114: Cross-Border Deposits and Monetary Aggregates in the Transition to EMU

- Ignazio Angeloni, Aviram Levy and Carlo Cottarelli
- 1991/113: Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations

- Peter Isard and Michael Dooley
- 1991/112: Assessing the Impact of Structural Adjustmenton the Poor: The Case of Malawi

- Odd Brekk and Ronald Hicks
- 1991/111: Wage Controls and Employment in a Socialist Economy

- Timothy Lane
- 1991/110: Testing for Credibility Effects

- Pierre-Richard Agénor and Mark Taylor
- 1991/109: Currency Diversification of Reserves and Sovereign Debt for Small Open Economies

- Indi Rajasingham
- 1991/108: Foreign Currency Deposits: Implications for Macroeconomic Policies

- Andréas Georgiou
- 1991/107: Stopping High Inflation: An Analytical Overview

- Carlos Végh Gramont
- 1991/106: Intervention, Interest Rates, and Charts: Three Essays in International Finance

- Mark Taylor
- 1991/105: Increasing Export Diversification in Commodity-Exporting Countries: A Theoretical Analysis

- Dean DeRosa
- 1991/104: Persistence in the Variability of Daily Exchange Rates

- George Tsibouris
- 1991/103: Taxation of Capital Gains: A Review of the Main Issues

- Krister Andersson
- 1991/102: An Empirical "Dependent Economy" Model for Pakistan

- International Monetary Fund
- 1991/101: Mozambique: Economic Rehabilitation and the Poor

- Paulo Lopes and Emilio Sacerdoti
- 1991/100: Private Saving and Terms of Trade Shocks: Evidence From Developing Countries

- Jonathan Ostry and Carmen Reinhart
- 1991/099: Speculative Attacks and Models of Balance of Payments Crises

- Robert Flood, Jagdeep Bhandari and Pierre-Richard Agénor
- 1991/098: Soft Budget Constraints, Firm Commitments and the Social Safety Net

- International Monetary Fund
- 1991/097: Models of Inflation and the Costs of Disinflation

- Guy Meredith, Bankim Chadha and Paul Masson
- 1991/096: Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS

- Lars Svensson
- 1991/095: The Effects of Inflationon Economic Growth: Lessons From Latin America

- Jose De Gregorio
- 1991/094: The Cost of Export Subsidies: Evidence From Costa Rica

- Alexander Hoffmaister
- 1991/093: Forecasting Accuracy of Crude Oil Futures Prices

- Manmohan Kumar
- 1991/092: Nominal Income Targeting: A Critical Evaluation

- Victor Argy
- 1991/091: Fiscal Impulse

- Garry Schinasi and Mark Lutz
- 1991/090: Exchange Rate Regime Choice

- Nancy Marion and Robert Flood
- 1991/089: Market-Based Fiscal Discipline in Monetary Unions: Evidence From the U.S. Municipal Bond Market

- Morris Goldstein and Geoffrey Woglom
- 1991/088: Islamic Banking

- Abbas Mirakhor and Mohsin Khan
- 1991/087: Credibility and Exchange Rate Management in Developing Countries

- Pierre-Richard Agénor
- 1991/086: The Effect of the ERMon Participating Economies

- Tamim Bayoumi
- 1991/085: China: Macroeconomic Cycles in the 1980's

- Hoe Ee Khor
- 1991/084: Testing a Disequilibrium Model of Lending Rate Determination: The Case of Malaysia

- Barry Scholnick
- 1991/083: Mexico's External Debt and the Return to Voluntary Capital Market Financing

- Mohamed El-Erian
- 1991/082: Jordan: Restructuring Public Expenditures and Protecting the Poor

- Ehtisham Ahmad
- 1991/081: Colombia: Economic Adjustment and the Poor

- Claire Liuksila
- 1991/080: The Romanian Economic Reform Program

- Dimitri Demekas and Mohsin Khan
- 1991/079: Testing the Credibility of the Belgian Hard Currency Policy

- Vincent Koen
- 1991/078: Growth, Distribution and Politics

- Guido Tabellini and Torsten Persson
- 1991/077: Exchange-Rate-Based Stabilization under Imperfect Credibility

- Guillermo Calvo and Carlos Végh Gramont
- 1991/076: Index Number Biases During Price Liberalization

- Kent Osband
- 1991/075: Fiscal Constraintson Market-Oriented Reform in a Socialist Economy

- Elias Dinopoulos and Timothy Lane
- 1991/074: The Restoration of Latin America's Access to Voluntary Capital Market Financing: Developments and Prospects

- Mohamed El-Erian
- 1991/073: Valuation and Treatment of Depletable Resources in the National Accounts

- Jonathan Levin
- 1991/072: The Growth of Indian Public Debt: Dimensions of the Problem and Corrective Measures

- Raja Chelliah
- 1991/071: Economic Growth in Latin America

- Jose De Gregorio
- 1991/070: Inflation Stabilization and Economic Transformation in Poland: The First Year

- Timothy Lane
- 1991/069: Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries

- Sijbren Cnossen
- 1991/068: Real Exchange Rate Targeting Under Capital Controls: Can Money Provide a Nominal Anchor?

- Peter Montiel and Jonathan Ostry
- 1991/067: Monetary Growth and Exchange Rate Depreciation As Causes of Inflation in African Countries: An Empirical Analysis

- Elie Canetti and Joshua Greene
- 1991/066: Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets

- Guillermo Calvo and Jacob Frenkel
- 1991/065: Structural Funds and the 1992 Program in the European Community

- James Gordon
- 1991/064: Portfolio Preference Uncertainty and Gains From Policy Coordination

- Paul Masson
- 1991/063: Real and Nominal Exchange Rates in the Long Run

- Charles Adams and Bankim Chadha
- 1991/062: Exchange Rate Economics: A Survey

- Mark Taylor and Ronald MacDonald
- 1991/061: Savings, Investment, and Growth in Eastern Europe

- Peter Montiel and Eduardo Borensztein
- 1991/060: Oil, National Wealth, and Current and Future Consumption Possibilities

- Gunnar Tersman
- 1991/059: General Equilibrium Under Shortage: A Generalized Barro-Grossman Model

- Kent Osband
- 1991/058: Central Bank Independence: Issues and Experience

- International Monetary Fund
- 1991/057: Money Demand in the Netherlands

- Bob Traa
- 1991/056: Input Shortages in Mixed Economies: An Application to Indian Manufacturing Industries

- Ratna Sahay
- 1991/055: Forced Savings and Repressed Inflation in the Soviet Union: Some Empirical Results

- Mario Bléjer and Carlo Cottarelli
- 1991/054: Military Expenditure: International Comparison of Trends

- Daniel Hewitt
- 1991/053: Military Expenditure: Econometric Testing of Economic and Political Influences

- Daniel Hewitt
- 1991/052: Protection and the Own-Funds Window in Tanzania: An Analytical Framework and Estimates of the Effects of Trade Liberalization

- Dean DeRosa
- 1991/051: Uncovered Interest Parity

- Peter Isard
- 1991/050: Yugoslav Inflation and Money

- Ashok Lahiri
- 1991/049: Efficient Arbitrage Under Financial Indexation: The Case of Chile

- Enrique Mendoza
- 1991/048: The Demand for Money During High Inflation Episodes: Some Latin American Evidenceon the Cagan Model

- Mark Taylor and Kate Phylaktis
- 1991/047: Commodity and Manufactures Prices in the Long Run

- James Boughton
- 1991/046: Sri Lanka: Price Changes and the Poor

- Anne Gulde
- 1991/045: The Demand for Money in Developing Countries: Assessing the Role of Financial innovation

- Jose De Gregorio, Peter Wickham, Patricio Arrau and Carmen Reinhart
- 1991/044: Commodity Booms and Government Expenditure Responses

- Sanjeev Gupta and Kenneth M. Miranda
- 1991/043: Fiscal Reform in European Economies in Transition

- George Kopits
- 1991/042: Collapse of a Crawling Peg Regime in the Presence of a Government Budget Constraint

- Miguel Savastano
- 1991/041: Collection Lags, Fiscal Revenue and Inflationary Financing: Empirical Evidence and Analysis

- Nurun Choudhry
- 1991/040: Market-Based Systems of Monetary Control in Developing Countries: Operating Procedures and Related Issues

- Chorng-Huey Wong
- 1991/039: Bangladesh: Economic Reform Measures and the Poor

- Padma Gotur
- 1991/038: Economic Crisis in a Shortage Economy

- Kent Osband