The aim of this paper is to estimate the trade gains arising from the constitution of a currency union for a set of economically...

This paper analyzes the role of banks’ regulatory capitalization in the transmission of monetary policy. We use a confidential dataset...

The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy...

This paper uses a Markov regime-switching model to assess the vulnerability of a series of Central and Eastern European countries...

A small expectations-expanded Mundell-Fleming model is built for the European Union Accession Countries and estimated to assess the...

The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy...