Discussion Paper Series, 2005

2005-01 "An Investigation into the Linkages between Euro and Sterling Swap Spreads" by Somnath Chatterjee

2005-02 "Application of the Kalman Filter for estimating Continuous Time Term Structure Models: The Case of UK and Germany" by Somnath Chatterjee

2005-03 "Openness and growth in alternative trading regimes. Evidence from EEC and CMEA’s customs unions" by Rosa Capolupo and Giuseppe Celi

2005-04 "The New Growth Theories and their Empirics" by Rosa Capolupo

2005-05 "Strategic Effects and Incentives in Multi-issue Bargaining Games" by Francesca Flamini

2005-06 "Bargaining and Investment" by Francesca Flamini

2005-07 "Nelson-Plosser revisited: the ACF approach" by Karim Abadir, Giovanni Caggiano and Gabriel Talmain

2005-08 "Human Development and the World Bank Adjustment Programmes in Sub-Saharan Africa" by Farhad Noorbakhsh and Shadan Noorbakhsh

2005-09 "Optimal Monetary Policy and Asset Price Misalignments" by Alexandros Kontonikas and Alberto Montagnoli

2005-10 "Inflation Targeting and the Stationarity of Inflation: New Results from an ESTAR Unit Root Test" by Andros Gregoriou and Alexandros Kontonikas

2005-11 "Stock Returns and Inflation: The Impact of Inflation Targeting" by Alexandros Kontonikas, Alberto Montagnoli and Nicola Spagnolo

2005-12 "Modeling the Non-Linear Behaviour of Inflation Deviations from the target" by Andros Gregoriou and Alexandros Kontonikas

2005-13 "The Euro and Inflation Uncertainty In The EMU" by Guglielmo Mario Caporale and Alexandros Kontonikas

2005-14 "Business Cycle Synchronization and Regional Integration: A Case Study for Central America" by Norbert Fiess

2005-15 "Exchange Rate Appreciations, Labor Market Rigidities, and Informality" by Norbert Fiess and Marco Fugazza and William Maloney

2005-16 "Regime-switching in Exchange Rate Policy and Balance Sheet Effects" by Norbert Fiess and Rashmi Shankar

2005-17 "Analyzing the Interaction of Monetary and Fiscal Policy: Does Fiscal Policy Play a Valuable Role in Stabilisation?" by V. Anton Muscatelli and Patrizio Tirelli

2005-18 "How do Sub-Central Government react to cuts in grants received from Central Governments Evidence from a Panel of 15 OECD Countries" by Julia Darby, V. Anton Muscatelli and Graeme Roy

2005-19 "Fiscal and Monetary policy Interactions in a New Keynesian Model with Liquidity Constraints" by V. Anton Muscatelli, Patrizio Tirelli and Carmine Trescroci

2005-20 "Macroeconomic Adjustment in the Euro-area: The Role of Fiscal Policy" by V. Anton Muscatelli, Tiziano Ropele and Patrizio Tirelli

2005-21 "Fiscal Federalism and Fiscal Consolidation: Evidence from an Event Study" by Julia Darby, V. Anton Muscatelli and Graeme Roy

2005-22 "Fundamental Volatility is Regime Specific" by Ivo J.M. Arnold, Ronald MacDonald and Casper G. de Vries

2005-23 "The Costs of Fiscal Inflexibility" by Campbell Leith and Simon Wren-Lewis

2005-24 "Financing options for Devolved Government in the UK" by James Gallagher and Daniel Hinze

2005-25 "Cadaveric vs. Live-Donor Kidney Transplants: The Interaction of Institutions and Inequality" by Nejat Anbarci and Mustafa Caglayan

2005-26 "The Impact of Macroeconomic Uncertainty on Non-Financial Firms’ Demand for Liquidity" by Christopher F. Baum, Mustafa Caglayan, Neslihan Ozkan and Oleksandr Talavera

2005-27 "The Second Moments Matter: The Response of Bank Lending Behavior to Macroeconomic Uncertainty" by Christopher F. Baum, Mustafa Caglayan and Neslihan Ozkan