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Economic theory:




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


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


Title: Are Prices Countercyclical?

Author: Prasad, S Eswar ; Bankim Chadha

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

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