Working Papers - 1997

Date	Publications
Nov 1997 No 51	Forecast errors and financial developments by Palle Andersen
Nov 1997 No 50	The euro and the dollar by Robert N McCauley
Sep 1997 No 49	Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States by Frank Smets and Kostas Tsatsaronis
Sep 1997 No 48	Some multi-country evidence on the effects of real exchange rates on output by Steven Kamin and Marc Klau
Sep 1997 No 47	Financial asset prices and monetary policy: theory and evidence by Frank Smets
Sep 1997 No 46	Global asset allocation in fixed income markets by Srichander Ramaswamy
Aug 1997 No 45	A multi-country comparison of the linkages between inflation and exchange rate competitiveness by Steven Kamin
Jul 1997 No 44	Is there excess comovement of bond yields between countries? by Gregory Sutton
Jul 1997 No 43	Exchange rate regimes and the expectations hypothesis of the term structure by Stefan Gerlach and Frank Smets
Jun 1997 No 42	Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate by Frank Smets
May 1997 No 41	The Euro and European financial markets by Robert N McCauley and William R White
Mar 1997 No 40	Monetary policy operating procedures in industrial countries by Claudio Borio
Jan 1997 No 39	Banking system failures in developing and transition countries: Diagnosis and predictions by Patrick Honohan