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Currencies:

1992

Title: Fund Transactions and Reserve Creation

Author: Fawzi, Samir

Series: Working Paper No. 1992/107

Date: December 1, 1992

Notes: Describes the effects of Fund transactions on members' external reserves and estimates the net reserve creation or absorption by the Fund in the 1980s.

Subject: Central banks Currencies Freely usable currencies International reserves Money Reserve assets Reserve positions

Title: Money and Credit Under Currency Substitution

Author: Rodriguez, A. Carlos

Series: Working Paper No. 1992/099

Date: November 1, 1992

Notes: Examines the effects on the supply of money and credit of a repatriation of foreign assets in an economy subject to currency substitution. Also published in Staff Papers, Vol. 40, No. 2, June 1993.

Subject: Balance of payments Capital inflows Credit Currencies Demand for money Monetary policy Money Reserve requirements

Title: Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basle-Nyborg

Author: Perraudin, R. M. W. ; Gardner, H. E.

Series: Working Paper No. 1992/096

Date: November 1, 1992

Notes: Empirical study on daily French and German interest rate changes since the Basle-Nyborg agreement of September 1987. Also published in Staff Papers, Vol. 40, No. 2, June 1993.

Subject: Currencies Exchange rates Financial services Foreign exchange Foreign exchange intervention Long term interest rates Monetary aggregates Money Short term interest rates

Title: Currency Substitution and Cross-Border Monetary Aggregation: Evidence From the G-7

Author: Lane, D. Timothy ; Poloz, S. Stephen

Series: Working Paper No. 1992/081

Date: October 1, 1992

Notes: A multi-country empirical study of money demand for the G-7 countries during the period since 1973.

Subject: Currencies Demand for money Dollarization Exchange rates Foreign exchange Monetary policy Money National accounts Personal income

Title: The Implications of Cross-Border Monetary Aggregation

Author: Lane, D. Timothy ; Kremers, J. M. Jeroen

Series: Working Paper No. 1992/071

Date: September 1, 1992

Notes: This paper uses a theoretical error-invariables framework to identify what is gained and what may be lost through corss-border aggregation of money demand.

Subject: Currencies Demand for money Dollarization Monetary policy Money National accounts National income Personal income

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