Working Papers

Working Paper 37
Estimation of the term structure of interest rates – A parametric approach

Alois Geyer, Richard Mader

Working Paper 38
On the real effects of the monetary policy: A central banker’s view

José Viñals, Javier Vallés

Working Paper 39
Democracy and Markets: The Case of Exchange Rates

John R. Freeman, Jude C. Hays, Helmut Stix

Working Paper 40
Central Banks in European Emerging Market Economies in the 1990s

Eduard Hochreiter, Tadeusz Kowalski

Working Paper 41
Is there a Credit Channel in Austria?
The Impact of Monetary Policy on Firms’ Investment Decisions

Katrin Wesche

Working Paper 42
Integration, Disintegration and Trade in Europe:
Evolution of Trade Relations During the 1990s

Jarko Fidrmuc, Jan Fidrmuc