, domestic-currency bond market. Bond holders suffer from inflation and could be a potent anti-inflationary force; I ask whether … their presence is apparent empirically. I use a panel data approach, examining the difference in inflation before and after … economically and statistically significant; it is also insensitive to a variety of estimation strategies, including using political …

This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U …

alleged inflationary effects of the new currency. In Italy, as in the rest of the euro area, survey-based measures signaled a …

This Paper characterizes the integration patterns of international currency unions (such as the CFA Franc zone and the … East Caribbean Currency Area). We empirically explore different features of currency unions, and compare them both to … countries with sovereign monies, and to regions within nations. We ask: are countries within international currency unions as …

finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage …

the elasticity of the matching function. …

characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …

A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … employment agency data for the UK over the period 1985-99. Although the standard random matching approach provides a reasonably …

who suffer involuntary layoffs. Matching and search-island models have labour market frictions and incomplete markets. The …