Research

The Zero Bound in an Open Economy

A very interesting paper by Professor Svensson (Lars.Svensson@iies.su.se) going against the grain oftraditional theories of the cause and solution of Japan's economicdifficulties.

Monetary and Exchange Rate Policies

Book Review: "Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe" by D. Begg, L. Halpern, C. Wyplosz (Forum Report of the Economic Policy Initiative (EPI)), (Centre for Economic Policy Research (CEPR), 1999) 108pp, £25, ISBN…

The Politics of Central Banks

Book Review: "The Politics of Central Banks" by R. Elgie and H. Thompson (Routledge, 1999) 200pp, £60, ISBN 04151442

Rossi on RTGS and liquidity

PAYMENT SYSTEMS IN FINANCIAL MARKETSReal-Time Gross Settlement systems and the provision of liquidity - Marco Rossi (Macmillan Press Ltd, 1998) 152pp

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