U.S. Government

URL: http://www.usa.gov/

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Working Papers

Title: Simple Monetary Rules Under Fiscal Dominance
Authors: Michael Kumhof, Ricardo Nunes, Irina Yakadina
Date: July 2008

Title: Political Disagreement, Lack of Commitment and the Level of Debt
Authors: Davide Debortoli, Ricardo Nunes
Date: July 2008

Title: How Long Can the Unsustainable U.S. Current Account Deficit Be Sustained?
Authors: Carol C. Bertaut, Steven B. Kamin, Charles P. Thomas
Date: July 2008

Title: An Anatomy of Credit Booms: Evidence From Macro Aggregates and Micro Data
Authors: Enrique G. Mendoza, Marco E. Terrones
Date: July 2008

Title: Trade Elasticity of Substitution and Equilibrium Dynamics
Authors: Martin Bodenstein
Date: June 2008

Title: Predicting Global Stock Returns
Authors: Erik Hjalmarsson
Date: June 2008

Title: Jackknifing Stock Return Predictions
Authors: Benjamin Chiquoine, Erik Hjalmarsson
Date: June 2008

Title: Why Do U.S. Cross-Listings Matter?
Authors: John Ammer, Sara B. Holland, David C. Smith, Francis E. Warnock
Date: May 2008

Title: Predicting Cycles in Economic Activity
Authors: Jane Haltmaier
Date: April 2008

Title: Interpreting Long-Horizon Estimates in Predictive Regressions
Authors: Erik Hjalmarsson
Date: April 2008

Title: Emerging Market Business Cycles Revisited: Learning about the Trend
Authors: Emine Boz, Christian Daude, Ceyhun Bora Durdu
Date: April 2008

Title: Competitive Search Equilibrium in a DSGE Model
Authors: David M. Arseneau, Sanjay K. Chugh
Date: April 2008

Title: Do Differences in Financial Development Explain the Global Pattern of Current Account Imbalances?
Authors: Joseph W. Gruber, Steven B. Kamin
Date: March 2008

Title: Cross-border Bank Acquisitions: Is there a Performance Effect?
Authors: Ricardo Correa
Date: March 2008

Title: Bank Integration and Financial Constraints: Evidence from U.S. Firms
Authors: Ricardo Correa
Date: March 2008

Title: A Solution to the Default Risk-Business Cycle Disconnect
Authors: Enrique G. Mandoza, Vivian Z. Yue
Date: March 2008

Title: On the Application of Automatic Differentiation to the Likelihood Function for Dynamic General Equilibrium Models
Authors: Houtan Bastani, Luca Guerrieri
Date: February 2008

Title: Cross-Border Returns Differentials
Authors: Stephanie E. Curcuru, Tomas Dvorak, Francis E. Warnock
Date: February 2008

Title: Optimal Fiscal and Monetary Policy in Customer Markets
Authors: David M. Arseneau, Sanjay K. Chugh
Date: January 2008

Title: Measuring U.S. International Relative Prices: A WARP View of the World
Authors: Sean Fahle, Jaime Marquez, Charles P. Thomas
Date: January 2008

Title: International Competition and Inflation: A New Keynesian Perspective
Authors: Luca Guerrieri, Christopher Gust, David López-Salido
Date: January 2008

Title: India’s Future: It’s About Jobs
Authors: Geoffrey N. Keim, Beth Anne Wilson
Date: November 2007

Title: The Role of China in Asia: Engine, Conduit, or Steamroller?
Authors: Shaghil Ahmed, Brahima Coulibaly, Jane T. Haltmaier, Ross Knippenberg, Sylvain Leduc, Mario Marazzi, Beth Anne Wilson
Date: September 2007

Title: Exchange Rate Pass-Through to Export Prices: Assessing Some Cross-Country Evidence
Authors: Joseph Gagnon, Nathan Sheets, Robert Vigfusson
Date: September 2007

Title: Oil Shocks and External Adjustment
Authors: Martin Bodenstein, Christopher J. Erceg, Luca Guerrieri
Date: June 2007

Title: U.S. External Adjustment: Is It Disorderly? Is It Unique? Will It Disrupt the Rest of the World?
Authors: Steven B. Kamin, Trevor A. Reeve
Date: April 2007

Title: Some Simple Tests of the Globalization and Inflation Hypothesis
Authors: Jane Ihrig, Steven B. Kamin, Deborah Lindner, Jaime Marquez
Date: April 2007

Title: Flying Geese or Sitting Ducks: China’s Impact on the Trading Fortunes of other Asian Economies
Authors: John G. Fernald Alan G. Ahearne
Date: December 2006

Title: Predicting Sharp Depreciations in Industrial Country Exchange Rates
Authors: Joseph E. Gagnon, Jonathan H. Wright
Date: November 2006

Title: Real-Time Price Discovery in Global Stock, Bond and Foreign Exchange Markets
Authors: Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, Clara Vega
Date: September 2006

Title: The U.S. Current Account Deficit and the Expected Share of World Output
Authors: Charles Engel, John H. Rogers
Date: April 2006

Title: Quantity Discounts from Risk Averse Sellers
Authors: Patrick J. DeGraba
Date: May 2005

Title: Order Flow and Exchange Rate Dynamics in Electronic Brokerage System Data
Authors: David W. Berger, Alain P. Chaboud, Sergey V. Chernenko, Edward Howorka, Raj S. Iyer, David Liu, Jonathan H. Wright
Date: April 2005

Title: Exchange Rate Pass-through to U.S. Import Prices: Some New Evidence
Authors: Jon Faust, Joseph Gagnon, Mario Marazzi, Jaime Marquez, Robert F. Martin, Trevor Reeve, John Rogers, Nathan Sheets, Robert J. Vigfusson
Date: April 2005

Title: Adjusting Chinese Bilateral Trade Data: How Big is China's Trade Surplus
Authors: Dustin Beckett, John W. Schindler
Date: April 2005

Title: A Flexible Finite-Horizon Identification of Technology Shocks
Authors: Neville Francis, Michael T. Owyang, Jennifer T. Roush
Date: April 2005

Title: Optimal Inflation Persistence: Ramsey Taxation with Capital and Habits
Authors: Sanjay Chugh
Date: March 2005

Title: A Variance Screen for Collusion
Authors: Rosa M. Abrantes-Metz, Luke M. Froeb, John F. Geweke, Charles T. Taylor
Date: March 2005

Title: Working for Women, Worldwide
Authors: Paula J. Dobriansky
Date: February 2005

Title: Investment-Specific and Multifactor Productivity in Multi-Sector Open Economies: Data and Analysis
Authors: Luca Guerrieri, Dale W. Henderson, Jinill Kim
Date: February 2005

Title: International Risk-Sharing and the Transmission of Productivity Shocks
Authors: Giancarlo Corsetti, Luca Dedola, Sylvain Leduc
Date: February 2005

Title: Financial Market Developments and Economic Activity during Current Account Adjustments in Industrial Economies
Authors: Hilary Croke, Steven B. Kamin, Sylvain Leduc
Date: February 2005

Title: Going the Distance: The U.S. Tsunami Relief Effort
Authors:
Date: January 2005

Title: Expansionary Fiscal Shocks and the Trade Deficit
Authors: Christopher Erceg, Luca Guerrieri, Christopher Gust
Date: January 2005

Title: An Assessment of the Impact of Japanese Foreign Exchange Intervention: 1991-2004
Authors: Alain P. Chaboud, Owen Humpage
Date: January 2005

Title: Mapping the Global Future: Report of the National Intelligence Council's 2020 Project
Authors:
Date: December 2004

Title: International Diversification at Home and Abroad
Authors: Fang Cai, Francis E. Warnock
Date: December 2004

Title: The High-Frequency Effects of U.S. Macroeconomic Data Releases on Prices and Trading Activity in the Global Interdealer Foreign Exchange Market
Authors: Alain P. Chaboud, Sergey Chernenko, Edward Howorka, Raj S. Krishnasami Iyer, David Liu, Jonathan H. Wright
Date: November 2004

Title: Growth-Led Exports: Is Variety the Spice of Trade?
Authors: Joseph E. Gagnon
Date: November 2004

Title: Report of the Defense Science Board Task Force on Integrated Fire Support in the Battlespace
Authors:
Date: October 2004

Title: Global Financial Integration: A Collection of New Research
Authors: Mark Carey
Date: October 2004

Title: Defense Science Board Report on Corrosion Control
Authors:
Date: October 2004

Title: Defense Industrial Base Capabilities Study: Force Application
Authors:
Date: October 2004

Title: Can Long-Run Restrictions Identify Technology Shocks?
Authors: Christopher J. Erceg, Luca Guerrieri, Christopher Gust
Date: October 2004

Title: What Makes Investors Over or Underweight? Explaining International Appetites for Foreign Equities
Authors: Carol C. Bertaut, Linda S. Kole
Date: September 2004

Title: The Value of Financial Intermediaries: Empirical Evidence from Syndicated Loans to Emerging Market Borrowers
Authors: Gregory P. Nini
Date: September 2004

Title: Review of Implementation of the Convention and 1997 Recommendation
Authors:
Date: September 2004

Title: Defense Science Board 2003 Summer Study on DoD Roles and Missions in Homeland Security, Volume B
Authors:
Date: September 2004

Title: Cash Flows and Discount Rates, Industry and Country Effects, and Co-Movement in Stock Returns
Authors: John Ammer, Jon Wongswan
Date: September 2004

Title: Battling International Bribery 2004
Authors:
Date: September 2004

Title: Base Structure Report Fiscal Year 2004
Authors:
Date: September 2004

Title: The President's Management Agenda: Results for the Department of Defense
Authors:
Date: August 2004

Title: The Performance of International Portfolios
Authors: Charles P. Thomas, Francis E. Warnock, Jon Wongswan
Date: August 2004

Title: Report of the Defense Science Board Task Force on Enabling Joint Force Capabilities: Phase II
Authors:
Date: August 2004

Title: PPP Rules, Macroeconomic (In)stability and Learning
Authors: Luis-Felipe Zanna
Date: August 2004

Title: Look at Me Now: The Role of Cross-Listing in Attracting U.S. Investors
Authors: John Ammer, Sara B. Holland, David C. Smith, Francis E. Warnock
Date: August 2004

Title: Is The Corporate Loan Market Globally Integrated? A Pricing Puzzle
Authors: Mark Carey, Gregory P. Nini
Date: August 2004

Title: Final Report of the Independent Panel to Review DoD Detention Operations
Authors: James A. Jr. Blackwell, Harold Brown, Tillie K. Fowler, Charles A. Horner, James R. Schlesinger
Date: August 2004

Title: Corporate Governance and the Shareholder Base
Authors: Karl V. Lins, Francis E. Warnock
Date: August 2004

Title: The Vertical Lift Industrial Base: Outlook 2004-2014
Authors:
Date: July 2004

Title: The ET Interview: Professor David F. Hendry
Authors: Neil R. Ericsson
Date: July 2004

Title: The Delayed Response To A Technology Shock. A Flexible Price Explanation
Authors: Robert J. Vigfusson
Date: July 2004

Title: Good News Is No News? The Impact of Credit Rating Changes on the Pricing of Asset-Backed Securities
Authors: John Ammer, Nathanael Clinton
Date: July 2004

Title: Does Monetary Policy Keep Up with the Joneses? Optimal Interest-Rate Smoothing with Consumption Externalities
Authors: Sanjay Chugh
Date: July 2004

Title: 9-11 Commission Final Report
Authors:
Date: July 2004

Title: The Proliferation Security Initiative
Authors:
Date: June 2004

Title: The Information Content of Forward and Futures Prices: Market Expectations and the Price of Risk
Authors: Sergey V. Chernenko, Krista B. Schwarz, Jonathan H. Wright
Date: June 2004

Title: Report of the Defense Science Board Task Force on Preventing and Defending Against Clandestine Nuclear Attack
Authors:
Date: June 2004

Title: Report of the Defense Science Board Task Force on Contributions of Space Based Radar to Missile Defense
Authors:
Date: June 2004

Title: Defense Industrial Base Capabilities Study: Command & Control
Authors:
Date: June 2004

Title: Is Inflation Targeting Best-Practice Monetary Policy?
Authors: Jon Faust, Dale W. Henderson
Date: May 2004

Title: Defense Science Board 2003 Summer Study on DoD Roles and Missions in Homeland Security
Authors:
Date: May 2004

Title: Understanding the Effects of Government Spending on Consumption
Authors: Jordi Gali, J. David Lopez-Salido, Javier Valles
Date: April 2004

Title: The Optimal Degree of Discretion in Monetary Policy
Authors: Susan Athey, Andrew Atkeson, Patrick J. Kehoe
Date: April 2004

Title: The Great Inflation of the 1970s
Authors: Fabrice Collard, Harris Dellas
Date: April 2004

Title: The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations
Authors: Athanasios Orphanides, John C. Williams
Date: April 2004

Title: Sand in the Wheels of the Labor Market: The Effect of Firing Costs on Employment
Authors: Andrea De Michelis
Date: April 2004

Title: Ramsey Monetary Policy and International Relative Prices
Authors: Ester Faia, Tommaso Monacelli
Date: April 2004

Title: Price-level Determinacy, Lower Bounds on the Nominal Interest Rate, and Liquidity Traps
Authors: Ragna Alstadheim, Dale W. Henderson
Date: April 2004

Title: Patterns of Global Terrorism 2003
Authors:
Date: April 2004

Title: Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach
Authors: Pierpaolo Benigno, Michael Woodford
Date: April 2004

Title: Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria
Authors: Robert G. King, Alexander L. Wolman
Date: April 2004

Title: Indeterminacy with Inflation-Forecast-Based Rules in a Two-Bloc Model
Authors: Nicoletta Batini, Paul Levine, Joseph Pearlman
Date: April 2004

Title: Equal Size, Equal Role? Interest Rate Interdependence Between the Euro Area and the United States
Authors: Michael Ehrmann, Marcel Fratzscher
Date: April 2004

Title: Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment
Authors: Tamim Bayoumi, Douglas Laxton, Paolo Pesenti
Date: April 2004

Title: Report of the Defense Science Board Task Force on Missile Defense Phase III: Modeling and Simulation
Authors:
Date: March 2004

Title: Landmine Policy Reply by DoD to a GAO Report
Authors:
Date: March 2004

Title: Landmine Policy
Authors:
Date: March 2004

Title: Annual Industrial Capabilities Report to Congress, 2004
Authors:
Date: March 2004

Title: Report of the Defense Science Board Task Force on Unmanned Aerial Vehicles and Uninhabited Combat Aerial Vehicles
Authors:
Date: February 2004

Title: Report of the Defense Science Board Task Force on Future Strategic Strike Forces
Authors:
Date: February 2004

Title: Foreign Participation in Local-Currency Bond Markets
Authors: John D. Burger, Francis E. Warnock
Date: February 2004

Title: Study on Impact of Foreign Sourcing of Systems
Authors:
Date: January 2004

Title: Is China "Exporting Deflation"?
Authors: Steven B. Kamin, Mario Marazzi, John W. Schindler
Date: January 2004

Title: Defense Industrial Base Capabilities Study: Battlespace Awareness
Authors:
Date: January 2004

Title: The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology
Authors: Lawrence J. Christiano, Martin Eichenbaum, Robert J. Vigfusson
Date: December 2003

Title: Interest Rate Rules and Multiple Equilibria in the Small Open Economy
Authors: Luis-Felipe Zanna
Date: December 2003

Title: How Does the Border Affect Productivity? Evidence from American and Canadian Manufacturing Industries
Authors: Robert J. Vigfusson
Date: December 2003

Title: China and Emerging Asia: Comrades or Competitors?
Authors: Alan J. Ahearne, John G. Fernald, Prakash Loungani, John W. Schindler
Date: December 2003

Title: Breaks in the Variability and Co-Movement of G-7 Economic Growth
Authors: Brian M. Doyle, Jon Faust
Date: December 2003

Title: Report of the Defense Science Board Task Force on DoD Roles and Missions in Homeland Security
Authors:
Date: November 2003

Title: Productivity Growth and the Phillips Curve in Canada
Authors: Joseph W. Gruber
Date: November 2003

Title: The High-Frequency Response of Exchange Rates and Interest Rates to Macroeconomic Announcements
Authors: Jon Faust, John H. Rogers, Shing-Yi B. Wang, Jonathan H. Wright
Date: October 2003

Title: Productive Capacity, Product Varieties, and the Elasticities Approach to the Trade Balance
Authors: Joseph E. Gagnon
Date: October 2003

Title: Market Power and Inflation
Authors: David Bowman
Date: October 2003

Title: The Effect of Exchange Rates on Prices, Wages, and Profits: A Case Study of the United Kingdom in the 1990s
Authors: Joseph E. Gagon
Date: September 2003

Title: Revisiting the Border: An Assessment of the Law of One Price Using Very Disaggregated Consumer Price Data
Authors: Charles M. Engels, John H. Rogers, Shing-Yi B. Wang
Date: September 2003

Title: Report on Allied Contributions to the Common Defense 2003
Authors:
Date: September 2003

Title: Report of the Defense Science Board Task Force on The Role and Status of Red Teaming Activities
Authors:
Date: September 2003

Title: Report of the Defense Science Board Task Force on Joint Experimentation, Phase 1
Authors:
Date: September 2003

Title: Precautionary Savings and the Wealth Distribution with Illiquid Durables
Authors: Joseph W. Gruber, Robert F. Martin
Date: September 2003

Title: Iraq and Afghanistan - Administration's Supplemental Funding Request
Authors:
Date: September 2003

Title: How do Canadian Hours Worked Respond to a Technology Shock?
Authors: Lawrence J. Christiano, Martin Eichenbaum, Robert J. Vigfusson
Date: September 2003

Title: Forecasting U.S. Inflation by Bayesian Model Averaging
Authors: Jonathan H. Wright
Date: September 2003

Title: Contagion: An Empirical Test
Authors: Jon Wongswan
Date: September 2003

Title: Capital Controls and the International Transmission of U.S. Money Shocks
Authors: Jacques Miniane, John H. Rogers
Date: September 2003

Title: Business Combinations Desk Book
Authors:
Date: September 2003

Title: Bayesian Model Averaging and Exchange Rate Forecasts
Authors: Jonathan H. Wright
Date: September 2003

Title: The USA and UNESCO: Building Knowledge, Building Cultures
Authors:
Date: August 2003

Title: The Effect of Exchange Rate Fluctuations on Multinationals' Returns
Authors: Jane Ihrig, David Prior
Date: August 2003

Title: SARS: Down But Still a Threat
Authors:
Date: August 2003

Title: Report of the Defense Science Board Task Force on Sea Basing
Authors:
Date: August 2003

Title: Report of the Defense Science Board Task Force on Enabliing Joint Force Capabilities
Authors:
Date: August 2003

Title: News or Noise? An Analysis of Brazilian GDP Announcements
Authors: Rebeca de la Rocque Palis, Roberto Luis Olinto Ramos, Patrice Robitaille
Date: August 2003

Title: What Happens After A Technology Shock?
Authors: Lawrence J. Christiano, Martin Eichenbaum, Robert J. Vigfusson
Date: July 2003

Title: U.S. Investors' Emerging Market Equity Portfolios: A Security-Level Analysis
Authors: Hali J. Edison, Francis E. Warnock
Date: July 2003

Title: Strategic Reactions to American Preeminence: Great Power Politics in the Age of Unipolarity
Authors: John G. Ikenberry
Date: July 2003

Title: Special Operations Forces Posture Statement
Authors:
Date: July 2003

Title: Report of the Defense Science Board Task Force on Discriminate Use of Force
Authors:
Date: July 2003

Title: Loans to Japanese Borrowers
Authors: David C. Smith
Date: July 2003

Title: Cross-Border Listings, Capital Controls, and Equity Flows to Emerging Markets
Authors: Hali J. Edison, Francis E. Warnock
Date: July 2003

Title: Battling International Bribery 2003
Authors:
Date: July 2003

Title: Training for Future Conflicts
Authors:
Date: June 2003

Title: Training for Future Conflicts
Authors:
Date: June 2003

Title: JSF International Industrial Participation: A Study of Country Approaches and Financial Impacts on Foreign Suppliers
Authors:
Date: June 2003

Title: IT Investment and Hicks' Composite-Good Theorem: The U.S. Experience
Authors: Jaime Marquez, Shing-Yi B. Wang
Date: June 2003

Title: Base Structure Report Fiscal Year 2003
Authors:
Date: June 2003

Title: Net Foreign Assets and Imperfect Pass-through: The Consumption Real Exchange Rate Anomaly
Authors: Jorge Selaive, Vicente Tuesta
Date: May 2003

Title: Distance, Time, and Specialization
Authors: Carolyn Evans, James Harrigan
Date: May 2003

Title: Annual Report of the United States Commission on International Religious Freedom
Authors:
Date: May 2003

Title: An Empirical Analysis of Inflation in OECD Countries
Authors: Jane Ihrig, Jaime Marquez
Date: May 2003

Title: Afghanistan: Seeds of Hope
Authors: David Johnson
Date: May 2003

Title: Acquisition of National Security Space Programs
Authors:
Date: May 2003

Title: Putting 'M' Back in Monetary Policy
Authors: Eric M. Leeper, Jennifer E. Roush
Date: April 2003

Title: New Keynesian, Open-Economy Models and Their Implications for Monetary Policy
Authors: David Bowman, Brian M. Doyle
Date: March 2003

Title: Are Financially Dollarized Countries More Prone to Costly Crises?
Authors: Carlos O. Arteta, Jaime Marquez
Date: March 2003

Title: Was There Front Running During the LTCM Crisis?
Authors: Fang Cai
Date: February 2003

Title: Transmission of Information Across International Equity Markets
Authors: Jon Wongswan
Date: February 2003

Title: Transforming the Defense Industrial Base: A Roadmap, FEB 2003
Authors:
Date: February 2003

Title: The Present-Value Model of the Current Account Has Been Rejected: Round Up the Usual Suspects
Authors: James M. Nason, John H. Rogers
Date: February 2003

Title: Report on Laos
Authors:
Date: February 2003

Title: National Strategy for Combating Terrorism
Authors:
Date: February 2003

Title: Foreign Portfolio Investment, Foreign Bank Lending, and Economic Growth
Authors: J. Benson Durham
Date: February 2003

Title: Annual Industrial Capabilities Report to Congress, MAR 2003
Authors:
Date: February 2003

Title: Uncovered Interest Parity: It Works, But Not For Long
Authors: Alain P. Chaboud, Jonathan H. Wright
Date: January 2003

Title: Long-Run Supply Effects and the Elasticities Approach to Trade
Authors: Joseph E. Gagnon
Date: January 2003

Title: Firm-Level Access To International Capital Markets: Evidence From Chilean Equities
Authors: Sara B. Holland, Francis E. Warnock
Date: January 2003

Title: Diversification, Original Sin, and International Bond Portfolios
Authors: John D. Burger, Francis E. Warnock
Date: January 2003

Title: Consumption, Durable Goods, and Transaction Costs
Authors: Robert F. Martin
Date: January 2003

Title: The Road to Adopting the Euro: Monetary Policy and Exchange Rate Regimes in EU Candidate Countries
Authors: Fabio M. Natalucci, Federico Ravenna
Date: December 2002

Title: Sticky Prices, No Menu Costs
Authors: David Bowman
Date: December 2002

Title: Monetary Policy and the Financial Accelerator in a Monetary Union
Authors: Simon Gilchrist, Jean-Olivier Hairault, Hubert Kempf
Date: December 2002

Title: Iraq: From Fear to Freedom
Authors:
Date: December 2002

Title: International Monetary Policy Coordination and Financial Market Integration
Authors: Alan Sutherland
Date: December 2002

Title: Inflation Persistence and Optimal Monetary Policy in the Euro Area
Authors: Pierpaolo Benigno, J. David Lopez-Salido
Date: December 2002

Title: Productivity, Investment, and Current Accounts: Reassessing the Evidence
Authors: Jaime Marquez
Date: November 2002

Title: Legal Expert Describes Iraqi Treatment of Marsh Arabs as Genocide
Authors: U.S. State Department
Date: November 2002

Title: Monetary Union, Price Level Convergence, and Inflation: How Close is Europe to the United States?
Authors: John H. Rogers
Date: October 2002

Title: Key Judgments (from October 2002 NIE) - Iraq's Continuing Programs for Weapons of Mass Destruction
Authors:
Date: October 2002

Title: Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data
Authors: Jon Faust, John H. Rogers, Eric Swanson, Jonathan H. Wright
Date: October 2002

Title: The Next Wave of HIV/AIDS: Nigeria, Ethiopia, Russia, India, and China
Authors:
Date: September 2002

Title: The National Security Strategy of the United States of America-2002
Authors:
Date: September 2002

Title: On the Fragility of Gains from Trade under Continuously Differentiated Bertrand Competition
Authors: Mario Marazzi
Date: September 2002

Title: Identifying the Role of Moral Hazard in International Financial Markets
Authors: Steven B. Kamin
Date: September 2002

Title: Exchange Rate Regimes and Financial Dollarization: Does Flexibility Reduce Bank Currency Mismatches?
Authors: Carlos Arteta
Date: September 2002

Title: Are Depreciations as Contractionary as Devaluations? A Comparison of Selected Emerging and Industrial Economies
Authors: Shaghil Ahmed, Christopher J. Gust, Jonathan Huntley, Steven B. Kamin
Date: September 2002

Title: Annual Report to Congress on the Safety and Security of Russian Nuclear Facilities and Military Forces
Authors:
Date: September 2002

Title: The Inflation Persistence of Staggered Contracts
Authors: Luca Guerrieri
Date: August 2002

Title: Productivity Shocks, Habits, and the Current Account
Authors: Joseph W. Gruber
Date: August 2002

Title: Military Operations: Information on U.S. Use of Land Mines in the Persian Gulf War (GAO-02-1003)
Authors:
Date: August 2002

Title: Testing the Null of Identification in GMM
Authors: Jonathan H. Wright
Date: July 2002

Title: Regional Inflation in a Currency Union: Fiscal Policy vs. Fundamentals
Authors: Margarida Duarte, Alexandar L. Wolman
Date: July 2002

Title: Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, or Good Luck?
Authors: Shaghil Ahmed, Andrew Levin, Beth Anne Wilson
Date: July 2002

Title: Optimal Monetary Policy with Durable and Non-Durable Goods
Authors: Christopher J. Erceg, Andrew T. Levin
Date: July 2002

Title: National Strategy for Homeland Security
Authors:
Date: July 2002

Title: Macroeconomics of International Price Discrimination
Authors: Giancarlo Corsetti, Luca Dedola
Date: July 2002

Title: Inflation Dynamics and International Linkages: A Model of the United States, the Euro Area, and Japan
Authors: Gunter Coenen, Volker Wieland
Date: July 2002

Title: Factor Endowments and Industrial Structurev
Authors: Trevor A. Reeve
Date: July 2002

Title: A Theory of the Currency Denomination of International Trade
Authors: Philippe Bacchetta, Eric van Wincoop
Date: July 2002

Title: Report on Allied Contributions to the Common Defense 2002
Authors: Secretary of Defense
Date: June 2002

Title: Report on Afghanistan
Authors:
Date: June 2002

Title: Preventing Deflation: Lessons From Japan's Experience in the 1990s
Authors: Alan Ahearne, Joseph Gagnon, Jane Haltmaier, Steve Kamin
Date: June 2002

Title: Finding Numerical Results to Large Scale Economic Models Using Path-Following Algorithms: A Vintage Capital Example
Authors: Brett Berger
Date: June 2002

Title: Allied Contributions to the Common Defense
Authors:
Date: June 2002

Title: To What Extent Will the Banking Industry be Globalized? A Study of Bank Nationality and Reach in 20 European Nations
Authors: Allen N. Berger, Qinglei Dai, Steven Ongena, David C. Smith
Date: May 2002

Title: Third Annual Report
Authors:
Date: May 2002

Title: The Defense Science Board Summer Study on Defense Science and Technology
Authors:
Date: May 2002

Title: Resolving Conflicts In The Caucasus And Moldova: Perspectives On Next Steps
Authors:
Date: May 2002

Title: Report on Uzbekistan
Authors:
Date: May 2002

Title: Report on Indonesia
Authors:
Date: May 2002

Title: International Comparisons of Productivity Growth: The Role of Information Technology and Regulatory Practices
Authors: Christopher Gust, Jaime Marquez
Date: May 2002

Title: A Guide to Choosing Absolute Bank Capital Requirements
Authors: Mark Carey
Date: May 2002

Title: Report on the Democratic People's Republic of Korea
Authors:
Date: April 2002

Title: Report on Sudan
Authors:
Date: April 2002

Title: International Coordination of Macroeconomic Policies: Still Alive in the New Millennium?
Authors: Brian M. Doyle, Joseph E. Gagnon, Dale W. Henderson, Laurence H. Meyer
Date: April 2002

Title: Financial Centers and the Geography of Capital Flows
Authors: Chad Cleaver, Francis E. Warnock
Date: April 2002

Title: Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s
Authors: Carol C. Bertaut
Date: April 2002

Title: Department of Defense Dictionary of Military and Associated Terms
Authors:
Date: April 2002

Title: Afghanistan and Regional Geopolitical Dynamics after 11 September
Authors:
Date: April 2002

Title: Report on Turkmenistan
Authors:
Date: March 2002

Title: Annual Industrial Capabilities Report to Congress, MAR 2002
Authors:
Date: March 2002

Title: Regional Influences on U.S. Monetary Policy: Some Implications for Europe
Authors: Ellen E. Meade, D. Nathan Sheets
Date: February 2002

Title: Recommendations for U.S. Policy on China
Authors:
Date: February 2002

Title: On the Sequencing of Projects, Reputation Building, and Relationship Finance
Authors: Dominik Egli, Steven Ongena, David C. Smith
Date: February 2002

Title: Inflation Targeting and Nominal Income Growth Targeting: When and Why Are They Suboptimal?
Authors: Dale W. Henderson, Jinill Kim
Date: February 2002

Title: Identifying VARs Based on High Frequency Futures Data
Authors: Jon Faust, Eric Swanson, Jonathan H. Wright
Date: February 2002

Title: Determinants and Repercussions of the Composition of Capital Inflows
Authors: Mark Carlson, Leonardo Hernandez
Date: January 2002

Title: The Global War on Terrorism
Authors:
Date: December 2001

Title: Impact of the War on Terror on Certain Aspects of US Policy in the Middle East
Authors: Paul Jabber
Date: December 2001

Title: Global Humanitarian Emergencies: Trends and Projections, 1999-2000
Authors:
Date: December 2001

Title: Foreign Missile Developments and the Ballistic Missile Threat Through 2015
Authors:
Date: December 2001

Title: Workshop on Information Technology in Africa
Authors:
Date: October 2001

Title: Global Humanitarian Emergencies: Trends and Projections, 2001-2002
Authors:
Date: August 2001

Title: An Empirical Comparison of Bundesbank and ECB Monetary Policy Rules
Authors: Jon Faust, John H. Rogers, Jonathan H. Wright
Date: August 2001

Title: Report on Biological Warfare Defense: Vaccine Research & Development Programs
Authors:
Date: July 2001

Title: Monetary Policy and Exchange Rate Pass-Through
Authors: Joseph E. Gagon, Jane Ihrig
Date: July 2001

Title: Battling International Bribery 2001
Authors:
Date: July 2001

Title: Transformations in Global Defense Markets and Industries: Implications for the Future of Warfare
Authors: John Battilega, David Beachley, Daniel Beck, Robert Driver, Randall Greenwalt, Bruce Jackson
Date: June 2001

Title: The Global Technology Revolution: Bio/Nano/Materials Trends and Their Synergies with Information Technology by 2015
Authors: Philip S. Antón, James Schneider, Richard Silberglitt
Date: June 2001

Title: The Global Course of the Information Revolution: Technological Trends
Authors: Robert H. Anderson, Philip S. Antón, Steven C. Bankes, Tora Kay Bikson, Jonathan Caulkins, Peter Denning, James A. Dewar, Richard O. Hundley, C. Richard Neu
Date: June 2001

Title: The Future of the Information Revolution in Latin America
Authors: Lee Mizell, Gregory F. Treverton
Date: June 2001

Title: Russia in the International System
Authors:
Date: June 2001

Title: Report of the Defense Science Board Task Force on High Energy Laser Weapon Systems Applications
Authors:
Date: June 2001

Title: Second Annual Report
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Date: May 2001

Title: Permanent and Transitory Components of Business Cycles: Their Relative Importance and Dynamic Relationship
Authors: Chang-Jin Kim, Jeremy Piger, Richard Startz
Date: May 2001

Title: The Use of Cyclical Indicators in Estimating the Output Gap in Japan
Authors: Jane Haltmaier
Date: April 2001

Title: Report of the Defense Science Board Task Force on Future DoD Airborne High-Frequency Radar Needs/Resources
Authors:
Date: April 2001

Title: Home Bias and High Turnover Reconsidered
Authors: Francis E. Warnock
Date: April 2001

Title: Report on Sudan
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Date: March 2001

Title: Report on Allied Contributions to the Common Defense 2001
Authors:
Date: March 2001

Title: Protecting the Homeland: Report of the Defense Science Board Task Force on Defensive Information Operations 2000 Summer Study Volume II
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Date: March 2001

Title: Price Level Convergence, Relative Prices, and Inflation in Europe
Authors: John H. Rogers
Date: March 2001

Title: Growing Global Migration and Its Implications for the United States
Authors:
Date: March 2001

Title: Border Effects within the NAFTA Countries
Authors: John H. Rogers, Hayden P. Smith
Date: March 2001

Title: A Retrospective on J. Denis Sargan and His Contributions to Econometrics
Authors: Neil R. Ericsson, Esfandiar Maasoumi, Grayham E. Mizon
Date: March 2001

Title: Report of the Defense Science Board Task Force on Options for Acquisition of the Advanced Targeting Pod and Advanced Targeting FLIR Pod
Authors:
Date: February 2001

Title: Protecting the Homeland: Report of the Defense Science Board Task Force on Defensive Information Operations 2000 Summer Study Volume I
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Date: February 2001

Title: Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies
Authors: Jinill Kim, Sunghyun Henry Kim, Andrew Levin
Date: February 2001

Title: North Korea's Engagement—Perspectives, Outlook, and Implications
Authors: Mitchell B. Reiss
Date: February 2001

Title: Forecast Uncertainty in Economic Modeling
Authors: Neil R. Ericsson
Date: February 2001

Title: Report of the Defense Science Board Task Force on Training Superiority & Training Surprise
Authors: Joe Braddock, Ralph Chatham
Date: January 2001

Title: Report of the Defense Science Board Task Force on Improving Fuel Efficiency of Weapons Platforms
Authors:
Date: January 2001

Title: Russia's Physical and Social Infrastructure: Implications for Future Development
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Date: December 2000

Title: Report on North Korea
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Date: December 2000

Title: Report on IRFA and Annual Report on International Religious Freedom
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Date: December 2000

Title: Global Trends 2015: A Dialogue About the Future With Nongovernment Experts
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Date: December 2000

Title: Central Asia and the South Caucasus: Reorientations, Internal Transitions, and Strategic Dynamics
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Date: December 2000

Title: Report on Iran
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Date: November 2000

Title: Report of the Defense Science Board Task Force on DoD Frequency Spectrum Issues
Authors:
Date: November 2000

Title: Report of the Defense Science Board Task Force on Defense Software
Authors:
Date: November 2000

Title: East Asia and the United States: Current Status and Five-Year Outlook
Authors:
Date: September 2000

Title: Battling International Bribery 2000
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Date: July 2000

Title: Report of the Defense Science Board Task Force on the Technology Capabilities of Non-DoD Providers
Authors:
Date: June 2000

Title: Report of the Defense Science Board Task Force on The Creation and Dissemination of All Forms of Information in Support of Psychological Operations in Time of Military Conflict
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Date: May 2000

Title: Prospects for WTO Trade Negotiations After Seattle: Foreign Strategies and Perspectives
Authors:
Date: May 2000

Title: First Annual Report
Authors:
Date: May 2000

Title: Patterns of Global Terrorism 1999
Authors:
Date: April 2000

Title: Report on Allied Contributions to the Common Defense 2000
Authors: Secretary of Defense
Date: March 2000

Title: Chemical and Biological Defense Program Annual Report to Congress
Authors:
Date: March 2000

Title: Annual Report on the Military Power of the People's Republic of China
Authors:
Date: March 2000

Title: The Global Infectious Disease Threat and Its Implications for the United States
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Date: January 2000

Title: Report of the Defense Science Board Task Force on Tactical Battlefield Communications
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Date: December 1999

Title: China and Weapons of Mass Destruction: Implications for the United States
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Date: November 1999

Title: Buck Rogers or Rock Throwers?
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Date: October 1999

Title: Foreign Missile Developments and the Ballistic Missile Threat to the United States Through 2015
Authors:
Date: September 1999

Title: China's Future: Implications for US Interests
Authors: Robert Sutter
Date: September 1999

Title: Ukraine: Challenges of the Continuing Transition
Authors:
Date: August 1999

Title: Northeast Asia: Static but Stable
Authors:
Date: July 1999

Title: Recent Chinese Leadership Priorities and Their Implications for the United States Findings
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Date: June 1999

Title: The Security Situation in the Taiwan Strait
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Date: February 1999

Title: Federalism in Russia: How Is It Working
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Date: February 1999

Title: The Environmental Outlook in Russia
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Date: January 1999

Title: Global Trends 2010
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Date: December 1997

Title: Adult Literacy: An International Perspective
Authors: Marilyn Binkley, Nancy Matheson, Trevor Williams
Date: November 1997

Title: Theoretical Confidence Level Problems with Confidence Intervals for the Spectrum of a Time Series
Authors: Jon Faust
Date: December 1996

Title: Net Foreign Assets and Equilibrium Exchange Rates: Panel Evidence
Authors: Joseph E. Gagnon
Date: December 1996

Title: Money, Politics, and the Post-War Business Cycle
Authors: Jon Faust, John S. Irons
Date: November 1996

Title: Implications of Economic Interdependence and Exchange Rate Policy on Endogenous Wage Indexation Decisions
Authors: Jay H. Bryson, Chih-huan Chen, David D. VanHoose
Date: November 1996

Title: The Role of Credit in Post-Stabilization Consumption Booms
Authors: Martina Copelman
Date: October 1996

Title: The Reaction of Exchange Rates and Interest Rates to News Releases
Authors: Hali J. Edison
Date: October 1996

Title: Hazards in Implementing a Monetary Conditions Index
Authors: Kari H. Eika, Neil R. Ericsson, Ragnar Nymoen
Date: October 1996

Title: Financial Innovation and the Speed of Adjustment of Money Demand: Evidence from Bolivia, Israel, and Venezuela
Authors: Martina Copelman
Date: October 1996

Title: The Use of the Parallel Market Rate as a Guide to Setting the Official Exchange Rate
Authors: Nita Ghei, Steven B. Kamin
Date: September 1996

Title: Long-Term Evidence on the Tobin and Fisher Effects: A New Approach
Authors: Shaghil Ahmed, John H. Rogers
Date: September 1996

Title: Eastern European Export Performance during the Transition
Authors: Simona Boata, Nathan Sheets
Date: September 1996

Title: Country Fund Discounts and the Mexican Crisis of December 1994: Did Local Residents Turn Pessimistic before International Investors?
Authors: Jeffrey A. Frankel, Sergio L. Schmuckler
Date: September 1996

Title: The Management of Financial Risks at German Nonfinancial Firms: The Case of Metallgesellschaft
Authors: Allen B. Frankel, David E. Palmer
Date: August 1996

Title: Inflation-Adjusted Potential Output
Authors: Jane T. Haltmaier
Date: August 1996

Title: Stockholding Behavior of U.S. Households: Evidence from the 1983-89 Survey of Consumer Finances
Authors: Carol C. Bertaut
Date: July 1996

Title: Firm Size and the Impact of Profit-Margin Uncertainty on Investment: Do Financing Constraints Play a Role?
Authors: Vivek Ghosal, Prakash Loungani
Date: July 1996

Title: Broad Money Demand and Financial Liberalization in Greece
Authors: Neil R. Ericsson, Sunil Sharma
Date: July 1996

Title: The Sovereignty Option: The Quebec Referendum and Market Views on the Canadian Dollar
Authors: Michael P. Leahy, Charles P. Thomas
Date: June 1996

Title: The Accumulation of Human Capital: Alternative Methods and Why They Matter
Authors: Murat F. Iyigun, Ann L. Owen
Date: May 1996

Title: Law of the Sea: The End Game
Authors:
Date: March 1996

Title: Regime Switching in the Dynamic Relationship between the Federal Funds Rate and Innovations in Nonborrowed Reserves
Authors: Chan Huh
Date: January 1996