THE PURPOSE OF THIS PAPER is to describe and interpret some empincal regularities in
the movements of money's income velocity of circulation in major industnal countries. These …

THE PURPOSE OF THIS PAPER is to determine whether monetary factors have been the
major source of exchange rate fluctuations since rates were floated in 1972 or whether goods …

The paper discusses the permanence of the post-1973 developing country borrowing problem
and assesses the adequacy of the steps taken by the international private banking system …

… Bruce Brittain's study within Saving's framework. A first point is that the terms 'control variable'
and 'target variable' are used throughout Brittain's … Today, however, Bruce Brittain is inviting …

European banking is in the midst of rapid transformation and profound change–evident
everywhere, but most striking in the evolution of bank stock prices and in extremely high rates of …

Two distinct models of rational economic behaviour may be useful in explaining an apparent
change in the relationship between short-term US interest rates and the US money supply. …

An experimental program was undertaken in order to more clearly define the change in
operator risk-taking behavior which accompanies the inclusion of a rollbar on a standard …

The purpose of this paper is to describe and interpret some empirical regularities in the
movements of money's income velocity of circulation in major industrial countries. These …

Central banks have an important potential role in stabilising the economic activity of modern
economies. Exactly what the role entails, however, is a matter of debate. Whether monetary …

In September 1998, a consortium of sixteen banks and US broker-dealers restructured the
ownership of the hedge fund, Long Term Capital Management (LTCM). Among the biggest, …