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The choice of exchange rate bands: balancing credibility and flexibility

, , and . Journal of International Economics, 62 (2): 379--408 (March 2004)

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On the relationship between defense and non-defense spending in the U.S. during the world wars, , and . Economics Letters, 95 (3): 415--421 (June 2007)Heterogeneous inflationary expectations, Fisher's theory of interest and the allocative efficiency of the bond market. Economics Letters, 1 (2): 151--155 (1978)Stagflation, persistent unemployment and the permanence of economic shocks, , and . Journal of Monetary Economics, 6 (4): 467--492 (October 1980)Inflation induced redistributions via monetary assets in five European countries, 1974-1982. Economic papers Commission of the European Communities, Directorate-General for Economic and Financial Affairs, Brussels, Belgium, (1985)Inflation, stagflation, relative prices, and imperfect information. Cambridge Univ. Press, Cambridge u.a., (1984)Central bank strategy, credibility, and independence. MIT Press, Cambridge, Mass. u.a., (1992)Central bank reform, liberalization and inflation in transition economies--an international perspective, , and . Journal of Monetary Economics, 49 (2): 237--264 (March 2002)Relative price variability, inflation and the allocative efficiency of the price system. Journal of Monetary Economics, 9 (2): 131--162 (1982)Optimal accommodation by strong policymakers under incomplete information, and . Journal of Monetary Economics, 27 (1): 99--127 (February 1991)Endogenous monetary policy with unobserved potential output, and . Journal of Economic Dynamics and Control, 29 (11): 1951--1983 (November 2005)