1.
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Greater intervention by the public sector is often proposed as a solution to the increased speculation and excessive price volatility thought to characterize today's comp[...]
1996 | Text | Technical Report - Rapport technique |
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2.
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This paper tests between fads and bubbles using a new empirical strategy (based on switching-regression econometrics) for distinguishing between competing asset-pricing m[...]
1997 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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The authors examine the optimality of the European Monetary Union (EMU) by estimating the degree of asymmetry in shocks affecting thirteen European countries and comparin[...]
1994 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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This paper uses regime-switching econometrics to study stock market crashes and to explore the ability of two very different economic explanations to account for historic[...]
1996 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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Since the early 1980s, models based on economic fundamentals have been poor at explaining the movements in the exchange rate (Messe 1990). In response to this problem, Fr[...]
1996 | Text | Staff Working Paper - Document de travail du personnel |
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