Economic Publications http://www.oenb.at Oesterreichische Nationalbank Working Paper 175 How Does Quality Impact on Import Prices? http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_175.jsp#tcm:16-242936 2011-12-31T10:53:31+01:00 Focus on European Economic Integration Q4/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_11q4.jsp#tcm:16-241693 2011-12-07T08:46:32+01:00 Monetary Policy and the Economy Q3/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_11q3.jsp#tcm:16-239980 2011-11-18T16:29:00+01:00 Working Paper 174 Regulatory Medicine Against Financial Market Instability: What Helps And What Hurts? http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_174.jsp#tcm:16-240234 2011-10-18T17:50:39+01:00 Working Paper 173 Decomposition of Wealth and Income using Micro Data from Austria http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_173.jsp#tcm:16-239685 2011-10-12T17:50:39+01:00 Working Paper 172 Credit Risk in General Equilibrium http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_172.jsp#tcm:16-239068 2011-09-09T15:56:41+01:00 Focus on European Economic Integration Q3/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_11q3.jsp#tcm:16-237373 2011-09-01T13:32:00+01:00 Working Paper 171 Households’ Foreign Currency Borrowing in Central and Eastern Europe http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_171.jsp#tcm:16-239058 2011-09-01T08:35:00+01:00 Monetary Policy and the Economy Q2/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_11q2.jsp#tcm:16-235419 2011-07-20T11:47:00+01:00 Working Paper 170 Bank Bailouts, International Linkages and Cooperation http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_170.jsp#tcm:16-232996 2011-05-23T08:35:00+01:00 Working Paper 169 Can Regional Transfers Buy Public Support? Evidence from EU Structural Policy http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_169.jsp#tcm:16-232995 2011-05-23T08:31:00+01:00 Focus on European Economic Integration Q2/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_11q2.jsp#tcm:16-232756 2011-05-13T12:41:00+01:00 Working Paper 168 Stock Market Volatility, Consumption and Investment; An Evaluation of the Uncertainty Hypothesis Using Post-War U.S. Data http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_168.jsp#tcm:16-232946 2011-05-11T16:03:00+01:00 Working Paper 167 Does the Broad Public Want to Consolidate Public Debt? – The Role of Fairness and of Policy Credibility http://www.oenb.at/en/presse_pub/research/020_workingpapers/_2011/working_paper_167.jsp#tcm:16-232945 2011-05-10T16:00:00+01:00 Monetary Policy and the Economy Q1/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_11q1.jsp#tcm:16-230623 2011-04-26T16:29:00+01:00 Monetary Policy and the Economy Q4/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_10q4.jsp#tcm:16-220674 2011-01-31T16:29:00+01:00 Working Paper 166 Firms’ Reactions to the Crisis and their Consequences for the Labour Market. Results of a Company Survey conducted in Austria http://www.oenb.at 2010-12-16T11:17:00+01:00 Focus on European Economic Integration Q4/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_10q4.jsp#tcm:16-214826 2010-12-01T12:47:00+01:00 Focus on European Economic Integration Q1/11 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_11q1.jsp#tcm:16-224912 2010-12-01T12:41:00+01:00 Monetary Policy and the Economy Q3/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_10q3.jsp#tcm:16-209651 2010-11-03T14:35:00+01:00 Economics Conference 2010 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/vowitagung/volkswirtschaftliche_tagung_2010.jsp#tcm:16-211212 2010-10-27T09:26:00+01:00 Economics Conference 2011 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/vowitagung/volkswirtschaftliche_tagung_2011.jsp#tcm:16-239363 2010-10-27T09:26:00+01:00 Working Paper 165 Independence Tests based on Symbolic Dynamics http://www.oenb.at 2010-10-05T11:17:00+01:00 Working Paper 164 Bank-Lending Standards, the Cost Channel and Inflation Dynamics http://www.oenb.at 2010-09-08T10:11:00+01:00 Focus on European Economic Integration Q3/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_10q3.jsp#tcm:16-204841 2010-08-27T09:18:00+01:00 Working Paper 163 Short-term forecasting GDP with a DSGE model augmented by monthly indicators http://www.oenb.at 2010-08-25T10:05:00+01:00 Monetary Policy and the Economy Q2/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_10q2.jsp#tcm:16-196459 2010-07-15T10:53:00+01:00 Working Paper 162 Has the Euro changed the Business Cycle? http://www.oenb.at 2010-05-31T14:02:00+01:00 Focus on European Economic Integration Q2/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_10q2.jsp#tcm:16-193854 2010-05-31T11:23:00+01:00 Monetary Policy and the Economy Q1/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_10q1.jsp#tcm:16-188821 2010-04-23T12:12:00+01:00 Working Paper 161 Nominal and Real Wage Rigidities. In Theory and in Europe http://www.oenb.at 2010-03-29T10:34:00+01:00 Focus on European Economic Integration Q1/10 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_10q1.jsp#tcm:16-186378 2010-02-26T09:07:00+01:00 Economics Conference 2009 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/vowitagung/volkswirtschaftliche_tagung_2009.jsp#tcm:16-186046 2010-02-17T13:05:00+01:00 Working Paper 160 Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe http://www.oenb.at 2010-01-11T08:34:00+01:00 Monetary Policy and the Economy Q4/09 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/geldpolitik/monetary_policy_and_the_economy_09q4.jsp#tcm:16-172480 2009-12-25T13:04:00+01:00 Focus on European Economic Integration Q4/09 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_09q4.jsp#tcm:16-172362 2009-12-07T17:15:00+01:00 Working Paper 159 Euroization in Central, Eastern and Southeastern Europe – New Evidence On Its Extent and Some Evidence On Its Causes http://www.oenb.at 2009-11-27T10:15:00+01:00 Working Paper 158 Trust in Banks? Evidence from normal times and from times of crises http://www.oenb.at 2009-11-10T12:02:00+01:00 Focus on European Economic Integration Q3/09 http://www.oenb.at/en/presse_pub/period_pub/volkswirtschaft/integration/focus_on_european_economic_integration_09q3.jsp#tcm:16-172233 2009-09-14T16:41:00+01:00 Working Paper 157 The sensitivity of DSGE models’ results to data detrending http://www.oenb.at 2009-07-20T12:18:00+01:00 Working Paper 156 Financial Networks, Cross Holdings, and Limited Liability http://www.oenb.at 2009-05-29T10:51:00+01:00 Working Paper 155 Systemic Risk: Amplification Effects, Externalities, and Policy Responses http://www.oenb.at 2009-05-14T12:49:00+01:00 Working Paper 154 Country Size, Currency Unions, and International Asset Returns http://www.oenb.at 2009-05-14T12:48:00+01:00 Working Paper 153 The Impact of Reference Norms on Inflation Persistence When Wages are Staggered http://www.oenb.at 2009-03-11T12:48:00+01:00 Working Paper 152 Are Banks Different? Evidence from the CDS Market http://www.oenb.at 2009-02-16T12:47:00+01:00 Working Paper 151 Why did we fail to predict GDP during the last cycle? A breakdown of forecast errors for Austria http://www.oenb.at 2009-02-11T12:47:00+01:00 Working Paper 150 How to find plausible, severe, and useful stress scenarios http://www.oenb.at 2009-02-05T12:46:00+01:00 Working Paper 149 Expected Monetary Policy and the Dynamics of Bank Lending Rates http://www.oenb.at 2009-01-30T12:46:00+01:00 Working Paper 148 Comparing the New Keynesian Phillips Curve with Time Series Models to Forecast Inflation http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_148.jsp#tcm:16-174078 2008-09-30T12:46:00+01:00 Working Paper 147 Inequality and growth: Goal conflict or necessary prerequisite? http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_147.jsp#tcm:16-174067 2008-09-08T12:45:00+01:00 Working Paper 146 The Optimal Mix Between Funded and Unfunded Pensions System When People Care About Relative Consumption http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_146.jsp#tcm:16-174066 2008-09-01T12:45:00+01:00 Working Paper 145 Transmission of business cycle shocks between the US and the euro area http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_145.jsp#tcm:16-174038 2008-07-21T12:45:00+01:00 Working Paper 144 Dating and forecasting turning points by Bayesian clustering with dynamic structure: A suggestion with an application to Austrian data. http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_144.jsp#tcm:16-174036 2008-06-19T12:44:00+01:00 Working Paper 143 Risk-Premia, Carry-Trade Dynamics, and Speculative Efficiency of Currency Markets http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_143.jsp#tcm:16-174024 2008-05-15T12:44:00+01:00 Working Paper 141 The Real Consequences of Financial Market Integration when Countries Are Heterogeneous http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_141.jsp#tcm:16-173940 2008-04-28T12:43:00+01:00 Working Paper 142 Testing the tax competition theory: How elastic are national tax bases in Western Europe? http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_142.jsp#tcm:16-173941 2008-04-28T12:43:00+01:00 Working Paper 140 Euroization: What Factors drive its Persistence? http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_140.jsp#tcm:16-173938 2008-04-16T12:42:00+01:00 Working Paper 139 Mr. Wicksell and the global economy: What drives real interest rates? http://www.oenb.at/en/presse_pub/research/020_workingpapers/089_wp2008/working_paper_139.jsp#tcm:16-173898 2008-01-29T12:41:00+01:00 Working Paper 138 Real Convergence, Price Level Convergence and Inflation Differentials in Europe http://www.oenb.at/en/presse_pub/research/020_workingpapers/wp2007/working_paper_138.jsp#tcm:16-173744 2007-07-05T12:41:00+01:00 Working Paper 137 Transmission of Business Cycle Shocks between Unequal Neighbours: Germany and Austria http://www.oenb.at/en/presse_pub/research/020_workingpapers/wp2007/working_paper_137.jsp#tcm:16-173675 2007-05-14T12:41:00+01:00 Working Paper 136 The Relative Importance of Symmetric and Asymmetric Shocks: the Case of United Kingdom and Euro Area http://www.oenb.at/en/presse_pub/research/020_workingpapers/wp2007/working_paper_136.jsp#tcm:16-173674 2007-05-10T12:40:00+01:00 Working Paper 135 Has the EU’s Single Market Programme Fostered Competition? Testing for a Decrese in Markup Rations in EU Industries http://www.oenb.at/en/presse_pub/research/020_workingpapers/wp2007/working_paper_135.jsp#tcm:16-173673 2007-05-08T12:40:00+01:00 Working Paper 134 Central Bank Interventions, Communication and Interest Rate Policy in Emerging European Economies http://www.oenb.at 2006-12-22T12:39:00+01:00 Working Paper 133 A Deliberative Independent Central Bank http://www.oenb.at 2006-11-06T12:39:00+01:00 Working Paper 132 AQM-06: The Macro economic Model of the OeNB http://www.oenb.at 2006-09-18T12:38:00+01:00 Working Paper 131 Expected Money Growth, Markov Trends and the Instability of Money Demand in the Euro Area http://www.oenb.at 2006-09-15T12:38:00+01:00 Working Paper 130 A Worldwide System of Reference Rates http://www.oenb.at 2006-08-31T12:37:00+01:00 Working Paper 129 Are Monetary Rules and Reforms Complements or Substitutes? A Panel Analysis for the World versus OECD Countries http://www.oenb.at 2006-07-06T12:36:00+01:00 Working Paper 128 Three Lectures on Monetary Theory and Policy: Speaking Notes and Background Papers http://www.oenb.at 2006-06-19T12:36:00+01:00 Working Paper 127 Proposal for a Common Currency among Rich Democracies http://www.oenb.at 2006-06-09T12:35:00+01:00 Working Paper 126 Monetary Unions, External Shocks and Economic Performance http://www.oenb.at 2006-06-05T12:35:00+01:00 Working Paper 125 Regional Currency Arrangements: Insights from Europe http://www.oenb.at 2006-06-01T12:34:00+01:00 Working Paper 124 Responses to Monetary Policy Shocks in the East and the West of Europe: A Comparison http://www.oenb.at 2006-05-17T12:34:00+01:00 Working Paper 123 The Mystique of Central Bank Speak http://www.oenb.at 2006-05-15T12:33:00+01:00 Working Paper 122 Exchange-Rate Arrangements an Financial Integration in East Asia: On a Collision Course? http://www.oenb.at 2006-05-05T12:33:00+01:00 Working Paper 121 Regional Currency Arrangements in North America http://www.oenb.at 2006-05-02T12:33:00+01:00 Working Paper 120 Europe’s Hard Fix: The Euro Area http://www.oenb.at 2006-04-26T12:32:00+01:00 Working Paper 119 An Unobserved Components Model to Forecast Austrian GDP http://www.oenb.at 2006-03-24T12:32:00+01:00 Working Paper 118 Interest Rate Pass-Through, Monetary Policy Rules and Macroeconomic Stability http://www.oenb.at 2006-03-20T12:31:00+01:00 Working Paper 117 Do Bank-Based Financial Systems Reduce Macroeconomic Volatility by Smoothing Interest Rates? http://www.oenb.at 2006-03-17T12:31:00+01:00 Working Paper 116 Financial Systems and the Cost Channel Transmission of Monetary Policy Shocks http://www.oenb.at 2006-03-14T12:30:00+01:00 Working Paper 115 The London Stock Exchange in the 19th Century: Ownership Structures, Growth and Performance http://www.oenb.at 2006-02-13T12:30:00+01:00 Working Paper 114 The Determinants of Multinational Banking during the First Globalization, 1870–1914 http://www.oenb.at 2006-02-08T12:29:00+01:00 Working Paper 113 Lessons from Italian Monetary Unification http://www.oenb.at 2006-01-23T12:29:00+01:00 Working Paper 112 Did Genoa and Venice Kick a Financial Revolution in the Quattrocento? http://www.oenb.at 2006-01-18T12:28:00+01:00 Working Paper 111 European Financial Market Integration in the Gründerboom and Gründerkrach: Evidence from European Cross-Listings http://www.oenb.at 2006-01-13T12:28:00+01:00 Working Paper 110 Does Diversification Improve the Performance of German Banks? Evidence from Individual Bank Loan Portfolios http://www.oenb.at 2006-01-09T12:27:00+01:00 Working Paper 109 Bankruptcy Law, Creditors’ Rights and Contractual Exchange in Europe, 1808–1914 http://www.oenb.at 2006-01-05T12:27:00+01:00 Working Paper 108 European Banks and their Impact on the Banking Industry in Chile http://www.oenb.at 2006-01-04T12:26:00+01:00 Working Paper 107 Legal-Political Factors and the Historical Evolution of the Finance-Growth Link http://www.oenb.at 2006-01-02T12:26:00+01:00 Working Paper 106 Equilibrium Exchange Rates in Transition Economies:<br/>Taking Stock of the Issues http://www.oenb.at 2005-11-15T12:25:00+01:00 Working Paper 105 Trade Integration of Central and Eastern European Countries: Lessons from a Gravity Model http://www.oenb.at 2005-10-25T12:25:00+01:00 Working Paper 104 AQM – The Austrian Quarterly Model of the Oesterreichische Nationalbank http://www.oenb.at 2005-09-28T12:24:00+01:00 Working Paper 103 Does Money Matter for Inflation in the Euro Area? http://www.oenb.at 2005-09-19T12:23:00+01:00 Working Paper 102 Estimates of the Open Economy New Keynesian Phillips Curve for Euro Area Countries http://www.oenb.at 2005-08-08T12:22:00+01:00 Working Paper 101 How Frequently Do Consumer Prices Change in Austria? Evidence from Micro CPI Data http://www.oenb.at 2005-07-25T12:22:00+01:00 Working Paper 100 The Price-Setting Behavior of Austrian Firms: Some Survey Evidence http://www.oenb.at 2005-07-11T12:21:00+01:00 Working Paper 99 The Effect of Capital Requirement Regulation on the Transmission of Monetary Policy: Evidence from Austria http://www.oenb.at 2005-05-23T12:21:00+01:00 Working Paper 97 Financial Differences and Business Cycle Co-Movements in A Currency Area http://www.oenb.at 2005-05-12T12:20:00+01:00 Working Paper 98 The European Monetary Union as a Commitment Device for New EU Member States http://www.oenb.at 2005-05-12T12:20:00+01:00 Working Paper 96 Managerial Behavior and Cost/Profit Efficiency in the Banking Sectors of Central and Eastern European Countries http://www.oenb.at 2005-03-04T12:19:00+01:00 Working Paper 95 On the Design of Sustainable and Fair PAYG Pension Systems When Cohort Sizes Change http://www.oenb.at 2005-02-07T12:19:00+01:00 Working Paper 94 What Do German Short-Term Interest Rates Tell Us About Future Inflation? http://www.oenb.at 2004-12-31T12:18:00+01:00 Working Paper 93 Understanding the Stock Market’s Response to Monetary Policy Shocks http://www.oenb.at 2004-12-29T12:18:00+01:00 Working Paper 92 Exchange Rate Regimes Past, Present and Future http://www.oenb.at 2004-11-03T12:18:00+01:00 Working Paper 91 Forecasting Austrian Inflation http://www.oenb.at 2004-10-04T12:17:00+01:00 Working Paper 90 Modeling Credit Aggregates http://www.oenb.at 2004-09-20T12:17:00+01:00 Working Paper 89 Forecasting Austrian GDP using the generalized dynamic factor model http://www.oenb.at 2004-08-27T12:16:00+01:00 Working Paper 88 Three Decades of Money Demand Studies. Some Differences and Remarkable Similarities http://www.oenb.at 2004-06-07T12:16:00+01:00 Working Paper 87 Bank Capital, Liquidity and Systemic Risk http://www.oenb.at 2004-05-03T12:15:00+01:00 Working Paper 86 Testing for Longer Horizon Predictability of Return Volatility with an Application to the German DAX http://www.oenb.at 2003-09-22T12:15:00+01:00 Working Paper 85 Investigating asymmetries in the bank lending channel. An analysis using Austrian banks’ balance sheet data http://www.oenb.at 2003-07-28T12:14:00+01:00 Working Paper 84 Searching for the Natural Rate of Interest: a Euro-Area Perspective http://www.oenb.at 2003-07-21T12:14:00+01:00 Working Paper 83 The business cycle of European countries Bayesian clustering of country-individual IP growth series http://www.oenb.at 2003-07-14T12:14:00+01:00 Working Paper 82 How Do Debit Cards Affect Cash Demand? Survey Data Evidence http://www.oenb.at 2003-07-07T12:13:00+01:00 Working Paper 81 How Robust are Money Demand Estimations? A Meta-Analytic Approach http://www.oenb.at 2003-06-30T12:13:00+01:00 Working Paper 80 Does Central Bank Intervention Influence the Probability of a Speculative Attack? Evidence from the EMS http://www.oenb.at 2002-11-04T12:00:00+01:00 Working Paper 79 Risk Assessment for Banking Systems http://www.oenb.at 2002-10-28T12:00:00+01:00 Working Paper 78 Job Creation and Job Destruction in a Regulated Labor Market: The Case of Austria http://www.oenb.at 2002-10-21T11:59:00+01:00 Working Paper 77 Why did Central Banks Intervenein the EMS? The Post 1993 Experience http://www.oenb.at 2002-10-14T11:59:00+01:00 Working Paper 76 The Potential Consequences of Alternative Exchange Rate Regimes: A Study of Three Candidate Regions http://www.oenb.at 2002-10-03T11:58:00+01:00 Working Paper 75 Central European EU Accession and Latin American Integration: Mutual Lessons in Macro-Economic Policy Design http://www.oenb.at 2002-10-03T11:58:00+01:00 Working Paper 74 The Great Exchange Rate Debate after Argentina http://www.oenb.at 2002-09-30T11:57:00+01:00 Working Paper 73 Forecasting Austrian HICP and its Components using VAR and ARIMA Models http://www.oenb.at 2002-08-26T11:57:00+01:00 Working Paper 72 Monetary Integration in the Southern Cone: Mercosuris not like the EU? http://www.oenb.at 2002-08-19T11:57:00+01:00 Working Paper 71 EMU and Accession Countries: Fuzzy Cluster Analysis of Membership http://www.oenb.at 2002-08-08T11:56:00+01:00 Working Paper 70 Fiscaland Monetary Policy Coordination in EMU http://www.oenb.at 2002-08-05T11:55:00+01:00 Working Paper 69 Reflections on the Optimal Currency Area (OCA) criteria in the light of EMU http://www.oenb.at 2002-07-29T11:55:00+01:00 Working Paper 68 Monetary Union: European Lessons, Latin American Prospects http://www.oenb.at 2002-07-22T11:54:00+01:00 Working Paper 67 An Evalution of Monetary Regime Options for Latin America http://www.oenb.at 2002-07-15T11:54:00+01:00 Working Paper 66 Growth, Integration and Macroeconomic Policy Design: Some Lessons for Latin America http://www.oenb.at 2002-07-10T11:53:00+01:00 Working Paper 65 Dollarization and Economic Performance: What Do We Really Know? http://www.oenb.at 2002-07-01T11:53:00+01:00 Working Paper 64 The Federal Design of a Central Bank in Monetary Union: The Case of the European System of Central Banks http://www.oenb.at 2002-06-19T11:53:00+01:00 Working Paper 63 Wage Formation in Open Economies and the Role of Monetary and Wage-Setting Institutions http://www.oenb.at 2002-05-29T11:52:00+01:00 Working Paper 62 Growth, Convergence and EU Membership http://www.oenb.at 2002-04-08T11:52:00+01:00 Working Paper 61 Price Dynamics in Central and Eastern European EU Accession Countries http://www.oenb.at 2002-02-28T11:51:00+01:00 Working Paper 60 The Empirical Performance of Option Based Densities of Foreign Exchange http://www.oenb.at 2002-02-25T11:50:00+01:00 Working Paper 59 Evaluating Density Forecasts with an Application to Stock Market Returns http://www.oenb.at 2002-02-18T11:50:00+01:00 Working Paper 58 Credit Channel and Investment Behavior in Austria: A micro-econometric approach http://www.oenb.at 2002-01-28T11:49:00+01:00 Working Paper 57 Banking Regulation and Systemic Risk http://www.oenb.at 2002-01-07T11:49:00+01:00 Working Paper 56 Asymmetries in Bank Lending Behaviour. Austria During the 1990s http://www.oenb.at 2002-01-02T11:48:00+01:00 Working Paper 55 The Effectiveness of Central Bank Intervention in the EMS: The Post 1993 Experience http://www.oenb.at 2001-12-03T11:48:00+01:00 Working Paper 54 New International Monetary Arrangements and the Exchange Rate http://www.oenb.at 2001-10-10T11:47:00+01:00 Working Paper 53 Why Is the Business-Cycle Behavior of Fundamentals Alike Across Exchange-Rate Regimes? http://www.oenb.at 2001-10-01T11:46:00+01:00 Working Paper 52 Beyond Bipolar: A Three-Dimensional Assessment of Monetary Frameworks http://www.oenb.at 2001-09-25T11:46:00+01:00 Working Paper 51 Assessing Inflation Targeting after a Decade of World Experience http://www.oenb.at 2001-09-08T11:46:00+01:00 Working Paper 50 Macroeconomic Fundamentals and the DM/$ Exchange Rate: Temporal Instability and the Monetary Model http://www.oenb.at 2001-09-01T11:45:00+01:00 Working Paper 49 Arbitrage and Optimal Portfolio Choice with Financial Constrain http://www.oenb.at 2001-08-24T11:45:00+01:00 Working Paper 48 A regulatory regime for financial stability http://www.oenb.at 2001-07-27T11:44:00+01:00 Working Paper 47 The ECB monetary policy strategy and the money market http://www.oenb.at 2001-06-25T11:44:00+01:00 Working Paper 46 Exchange Rates, Prices and Money A Long Run Perspective http://www.oenb.at 2001-05-31T11:43:00+01:00 Working Paper 45 Is there an asymmetric effect on monetary policy over time? A bayesian analysis using austrian data http://www.oenb.at 2001-05-18T11:43:00+01:00 Working Paper 44 The EURO Area and the single monetary policy http://www.oenb.at 2001-05-01T11:42:00+01:00 Working Paper 43 The Bank, the States, and the Market: An Austro-Hungarian Tale for Euroland, 1867–1914 http://www.oenb.at 2001-03-06T11:42:00+01:00 Working Paper 42 Integration, Disintegration and Trade in Europe: Evolution of Trade Relations During the 1990s http://www.oenb.at 2000-06-01T11:41:00+01:00 Working Paper 41 Is there a Credit Channel in Austria? The Impact of Monetary Policy on Firms’ Investment Decisions http://www.oenb.at 2000-03-20T11:41:00+01:00 Working Paper 40 Central Banks in European Emerging Market Economies in the 1990s http://www.oenb.at 2000-03-01T11:40:00+01:00 Working Paper 39 Democracy and Markets: The Case of Exchange Rates http://www.oenb.at 1999-12-01T11:40:00+01:00 Working Paper 38 On the real effects of the monetary policy: A central banker’s view http://www.oenb.at 1999-07-29T11:39:00+01:00 Working Paper 37 Estimation of the term structure of interest rates – A parametric approach http://www.oenb.at 1999-05-21T11:39:00+01:00 Working Paper 36 Heterogeneities within industries and structure-performance models http://www.oenb.at 1998-12-21T11:38:00+01:00 Working Paper 35 Room for manoeuvre of economic policy in EU countries are there costs of joining EMU? http://www.oenb.at 1998-12-11T11:38:00+01:00 Working Paper 34 The impact of EMU on European unemployment http://www.oenb.at 1998-11-05T11:37:00+01:00 Working Paper 31 The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates http://www.oenb.at 1998-07-20T11:36:00+01:00 Working Paper 30 The Great Appreciation, the Great Depreciation, and the Purchasing Power Parity Hypothesis http://www.oenb.at 1998-07-03T11:35:00+01:00 Working Paper 29 Goods Arbitrage and Real Exchange Rate Stationarity http://www.oenb.at 1998-06-30T11:35:00+01:00 Working Paper 28 What Do We Really Know About Real Exchange Rates? http://www.oenb.at 1998-06-20T11:34:00+01:00 Working Paper 27 Trends in European Productivity: Implications for Real Exchange Rates, Real Interest Rates and Inflation Differentials http://www.oenb.at 1998-06-06T11:34:00+01:00 Working Paper 26 Structural Budget Deficits and Sustainability of Fiscal Positions in the European Union http://www.oenb.at 1998-05-28T11:32:00+01:00 Working Paper 25 Sources of Currency Crises: An Empirical Analysis http://www.oenb.at 1998-04-15T11:32:00+01:00 Working Paper 24 Exchange Rates and Monetary Policy in Central Europe – a Survey of Some Issues http://www.oenb.at 1997-09-19T11:31:00+01:00 Working Paper 23 Will Asymmetric Shocks Pose a Serious Problem in EMU? http://www.oenb.at 1996-06-25T11:31:00+01:00 Working Paper 22 Recovery in Eastern Europe: Pessimism Confounded? http://www.oenb.at 1996-03-05T11:30:00+01:00 Working Paper 20 Monetary Spill-over Effects in the ERM: The Case of Austria, a Former Shadow Member http://www.oenb.at 1995-10-03T11:29:00+01:00 Working Paper 19 Austrian Exchange Rate Policy and European Monetary Integration – Selected Issues http://www.oenb.at 1995-01-30T11:28:00+01:00