Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria

CFS Working Paper Series:

No.	Author(s)________________	Title_________________________________________________
2004/13	Klaus Adam Roberto M. Billi	Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates
2004/14	Günter Coenen Volker Wieland	Exchange-Rate Policy and the Zero Bound on Nominal Interest
2004/15	Klaus Adam George W. Evans Seppo Honkapohja	Are Stationary Hyperinflation Paths Learnable?
2004/16	Torben G. Andersen Tim Bollerslev Francis X. Diebold Jin Wu	Realized Beta: Persistence and Predictability
2004/17	Uwe Walz Douglas Cumming	Legality and Venture Governance around the World
2004/18	Elena Carletti Vittoria Cerasi Sonja Daltung	Multiple-bank lending: diversification and free-riding in monitoring
2004/19	Torben G. Andersen Tim Bollerslev Francis X. Diebold Clara Vega	Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets
2004/20	Lars Norden Martin Weber	The comovement of credit default swap, bond and stock markets: an empirical analysis
2004/21	Andreas Jobst	The Basle Securitisation Framework Explained: The Regulatory Treatment of Asset Securitisation
2004/22	Robert G. King Alexander L. Wolman	Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria

Copies of working papers can be downloaded at http://www.ifk-cfs.de