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1993

Title: Financial Sector Reforms and Exchange Arrangements in Eastern Europe

Author: Calvo, Guillermo ; Borensztein, Eduardo ; Masson, R Paul ; Kumar, S. Manmohan

Series: Occasional Paper No. 1993/002

Date: February 15, 1993

Notes: Part I. Financial Markets and Intermediation, by Guillermo A Calvo and Manmohan S Kumar; Part II. Exchange Arrangements of Previously Centrally Planned Economies, by Eduardo Borensztein and Paul R Masson.

Subject: Banking Commercial banks Credit Currencies Exchange rate arrangements Exchange rates Financial institutions Financial markets Foreign exchange Money Stock markets

Title: Auctions: Theory and Possible Applications to Economies in Transition

Author: Mehra, Rajnish ; Feldman, A Robert

Series: Working Paper No. 1993/012

Date: February 1, 1993

Notes: Assesses various auction techniques to price and allocate government securities, refinance credit, foreign exchange, and state assets in the context of privatization programs. Also published in Staff Papers, Vol. 40, No. 3, September 1993.

Subject: Credit Financial institutions Foreign exchange Government securities Institutional arrangements for revenue administration Money Revenue administration Securities

Title: Portfolio Performance of the SDR and Reserve Currencies: Tests Using the ArCH Methodology

Author: Temel, Tugrul ; Papaioannou, G. Michael

Series: Working Paper No. 1993/010

Date: February 1, 1993

Notes: Also published in Staff Papers, Vol. 40, No. 3, September 1993.

Subject: Commodities Currencies Exchange rates Foreign exchange Gold Money National accounts Return on investment

Title: Working Paper Summaries (WP/92/49 - WP/92/112)

Series: Working Paper No. 1993/004

Date: January 1, 1993

Notes: Compilation of summaries of Working Papers released during July-December 1992.

Subject: Currencies Demand for money Dollarization Government debt management Inflation Monetary policy Money Prices Public financial management (PFM)

Title: French-German Interest Rate Differentials and Time-Varying Realignment Risk

Author: Caramazza, Francesco

Series: Working Paper No. 1993/001

Date: January 1, 1993

Notes: Explores the determinants of expected rates of realignment of the French franc/Deutsche mark exchange rate during the period 1987-1991. Also published in Staff Papers, Vol. 40, No. 3, September 1993.

Subject: Crawling peg Currencies Exchange rate adjustments Exchange rates Foreign exchange Labor Money Unemployment rate

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