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This paper analyzes monetary policy in transition. It examines the dynamics of monetary policy in...

The paper discusses the purpose, properties, and theoretical foundations of various indicators of...

It is widely feared that, once prices are decontrolled in the formerly centrally-planned...

This paper reviews Zaïre's experience with hyperinflation during 1990-96 and develops an...

This paper discusses the effect of cross-border deposits (CBDs) for the stability of the relation...

Exchange rate behavior is analyzed in the context of a stochastic rational expectations model in...