Working Group International Economics Leuven

Forthcoming Articles

De Grauwe, P., Grimaldi, M., "Exchange Rate Puzzles. A Tale of Switching Attractors", forthcoming, European Economic Review.

De Grauwe, P., Grimaldi, M., "Heterogeneity of Agents, Transaction Costs and the Exchange Rate", forthcoming, Journal of Economic Dynamics and Control.

De Grauwe, P., Grimaldi, M., "The Exchange Rate and its Fundamentals in a Complex World", forthcoming, Review of International Economics.

De Grauwe, P., Polan, M., "Is Inflation Always and Everywhere a Monetary Phenomenon?", forthcoming, Scandinavian Journal of Economics.

De Grauwe, P., Polan, M., "Globalisation and Social Spending", forthcoming, Pacific Economic Review.

Dewachter, H., Lyrio, M., "The Cost of Technical Trading Rules in the Forex Market: A Utility-based Evaluation", forthcoming, Journal of International Money and Finance.

Recent Publications

Dewachter, H., Lyrio, M., Maes, K. (2006), "A Joint Model for the Term Structure of Interest Rates and the Macroeconomy", Journal of Applied Econometrics 21 (4), 439-462.

Dewachter, H., Lyrio, M. (2006), "Macro Factors and the Term Structure of Interest Rates", Journal of Money, Credit, and Banking 38 (1), 119-140.

Dewachter, H., Lyrio, M. (2005), "The Economic Value of Technical Trading Rules: A Nonparametric Utility-based Approach", International Journal of Finance and Economics 10 (1), 41-62.

De Grauwe, P., Sénégas, M. (2004), "Asymmetries in Monetary Policy Transmission", Journal of Common Market Studies 42 (4), 757-773.

Dewachter, H., Lyrio, M., Maes, K. (2004), "The Effect of Monetary Unification on German Bond Markets, European Financial Management 10 (3), 487-509.

Abraham, F., Brock, E. (2003),"Sectoral employment effects of trade and productivity in Europe", Applied Economics 35 (2), 223-238.

De Grauwe, P., Camerman, F. (2003), "Are Multinationals Really Bigger than Nations?", World Economics 4 (2), 23-37.

Dewachter, H., Maes, K., Smedts, K. (2003), "Monetary Unification and the Price of Risk: An Unconditional Analysis", Weltwirtschaftliches Archiv 139 (2), 276-305.

Aksoy, Y., De Grauwe, P., Dewachter, H. (2002), "Do Asymmetries Matter For European Monetary Policy?", European Economic Review 46 (3), 443-469.

Applied Economics

Applied Economics Letters

Applied Financial Economics

Aussenwirtschaft

Economics Letters

Effectiveness of Monetary Policy in the European Central Bank and Voting Rules

European Economic Review

European Financial Management

International Finance

Multiple Equilibria and the Credibility of the Brazilian Crawling Peg, 1995-1998

International Journal of Finance and Economics

The Economic Value of Technical Trading Rules: A Nonparametric Utility-based Approach

Journal of Applied Econometrics

Journal of Common Market Studies

Journal of Economic Dynamics and Control

The Cost of Technical Trading Rules in the Forex Market: A Utility-based Evaluation

Can Markov Switching Models Replicate Chartist Profits in the Foreign Exchange Market

Price Dynamics under Stochastic Process Switching: Some Extensions and an Application to EMU

Journal of Money, Credit, and Banking

Journal of Policy Modeling

Consequences of an Import Surcharge: Theory and Empirical Evidence for the U.S.

Kredit und Kapital

Open Economies Review

Foreign Dependence of Individual Stock Prices: The Role of Aggregate Product Market Developments

Pacific Economic Review

Papers in Regional Science

Regional Science and Urban Economics

Review of International Economics

Scottish Journal of Political Economy

Weltwirtschaftliches Archiv

Trade Integration in the Twentieth Century: What does Belgian History Tell us?

Sign Predictions of Exchange Rate Changes: Charts as Proxies for Bayesian Inferences

Divergence Indicators and Volatility smoothness in Semi-Fixed Exchange Rate Regimes

The Impact of Tariffs on Profits in the United Sates and other Major Trading Countries

World Economics

World Economy

Does the Opening of Central and Eastern Europe Threaten Employment in the West?

The Center for Economic Studies (CES) of the Katholieke Universiteit Leuven has its own Discussion Paper Series. The following papers are related to the Working Group International Economics (starting from January 2000).

For older CES Discussion Papers and papers from other working groups at the Center for Economic Studies, visit its website.

2004	CES DPS 04.06	Vivien Lewis	Productivity and the Real Euro-Dollar Exchange Rate
2004	CES DPS 04.04	Kristien Smedts	International Dynamic Asset Allocation and the Effect of the Exchange Rate
2004	CES DPS 04.01	Hans Dewachter Kristien Smedts	Limits to International Arbitrage: an Empirical Evaluation
2003	CES DPS 03.07	Ellen Brock Sabien Dobbelaere	Has International Trade Affected Workers' Bargaining Power?
2003	CES DPS 03.04	Hans Dewachter Marco Lyrio	Macro Factors and the Term Structure of Interest Rates
2002	CES DPS 02.05	Hans Dewachter Marco Lyrio Konstantijn Maes	The Effect of Monetary Unification on German Bond Markets
2002	CES DPS 02.03	Hans Dewachter Marco Lyrio	The Economic Value of Technical Trading Rules: A Non-parametric Utility-based Approach
2002	CES DPS 02.01	Hans Dewachter Konstantijn Maes Kristien Smedts	Monetary Unification and the Price of Risk: An Unconditional Analysis
2001	CES DPS 01.18	Hans Dewachter Marco Lyrio Konstantijn Maes	Estimation of a Joint Model for the Term Structure of Interest Rates and the Macroeconomy
2001	CES DPS 01.16	Laura Rinaldi	Payment Cards and Money Demand in Belgium
2001	CES DPS 01.13	Filip Abraham	Global and European Labor Costs
2001	CES DPS 01.12	Carlos F. Marinheiro	Ricardian Equivalence: An Empirical Application to the Portuguese Economy
2001	CES DPS 01.11	Filipa Correia	Monetary Policies in an Enlarged Euroland
2001	CES DPS 01.08	Carlo Altavilla	Assessing Monetary Rules Performance across EMU Countries
2001	CES DPS 01.07	Yunus Aksoy Tomasz Piskorski	Foreign Holdings of Dollars and Information Value of US Monetary Aggregates
2001	CES DPS 01.06	Hans Dewachter Konstantijn Maes	An Affine Model for International Bond Markets
2001	CES DPS 01.02	Dirk Veestraeten	Conditional Distributions in the Krugman Target Zone Model and Undeclared Narrower Bonds
2000	CES DPS 00.31	Dirk Veestraeten	Pricing of Currency Options in Credible Exchange Rate Target Zones: An Extension and an Alternative Valuation Approach
2000	CES DPS 00.22	Carlo Altavilla	Measuring Monetary Policy Asymmetries across EMU Countries
2000	CES DPS 00.17	Paul De Grauwe	The Euro-Dollar Exchange Rate in Search of Fundamentals
2000	CES DPS 00.15	Paul De Grauwe Frauke Skudelny	Inflation and Productivity Differentials in EMU
2000	CES DPS 00.09	Giovanna Segré	European Economic and Monetary Union and Foreign Direct Investment: A Survey of Theoretical and Empirical Literature
2000	CES DPS 00.05	Hans Dewachter Konstantijn Maes	Fitting Correlations within and between Bond Markets
2000	CES DPS 00.04	Filip Abraham Ellen Brock	Sectoral Employment Effects of Trade and Productivity in Europe
2000	CES DPS 00.02	Paul De Grauwe	Controls on Capital Flows and the Tobin Tax

Applied Economics	Journal of International Money and Finance NEW!
Applied Economics Letters	Journal of Money, Credit, and Banking NEW!
Applied Financial Economics	Journal of Policy Modeling
Aussenwirtschaft	Kredit und Kapital
Economics Letters	Open Economies Review
Empirica	Pacific Economic Review NEW!
European Economic Review NEW!	Papers in Regional Science
European Financial Management	Regional Science and Urban Economics
International Finance	Review of International Economics NEW!
International Journal of Finance and Economics NEW!	Scottish Journal of Political Economy
Journal of Applied Econometrics NEW!	Weltwirtschaftliches Archiv
Journal of Common Market Studies	World Economics
Journal of Economic Dynamics and Control NEW!	World Economy

Publications and Working Papers