New Economics Papers
on Central and Western Asia
Issue of 2005–03–20
five papers chosen by



  1. Land Fragmentation and its Implications for Productivity: Evidence from Southern India By Raghbendra Jha; Hari K. Nagarajan; Subbarayan Prasanna
  2. Should the Government be in the Banking Business? The Role of State-Owned and Development Banks By Ugo Panizza; Eduardo Levy-Yeyati; Alejandro Micco
  3. Inflation in open economies with complete markets By Marco Celentani; J. Ignacio Conde-Ruiz; Klaus Desmet
  4. The Canonical Type Space for Interdependent Preferences By Faruk Gul; Wolfgang Pesendorfer
  5. Wishful Thinking in Strategic Environments By Muhamet Yildiz

  1. By: Raghbendra Jha; Hari K. Nagarajan; Subbarayan Prasanna
    Keywords: Length (pages): 37
    Date: 2005
    URL: https://d.repec.org/n?u=RePEc:pas:asarcc:2005-01
  2. By: Ugo Panizza (Research Department, Inter-American Development Bank); Eduardo Levy-Yeyati (Universidad Torcuato Di Tella); Alejandro Micco (Research Department, Inter-American Development Bank)
    Abstract: Missing abstract.
    Date: 2004–03
    URL: https://d.repec.org/n?u=RePEc:idb:wpaper:1014
  3. By: Marco Celentani; J. Ignacio Conde-Ruiz; Klaus Desmet
    Abstract: This paper uses an overlapping generations model to analyze monetary policy in a two-country model with asymmetric shocks. Agents insure against risk through the exchange of a complete set of real securities. Each central bank is able to commit to the contingent monetary policy rule that maximizes domestic welfare. In an attempt to improve their country's terms of trade of securities, central banks may choose to commit to costly inflation in favorable states of nature. In equilibrium the effects on the terms of trade wash out, leaving both countries worse off. Countries facing asymmetric shocks may therefore gain from monetary cooperation.
    URL: https://d.repec.org/n?u=RePEc:fda:fdaddt:2004-12
  4. By: Faruk Gul; Wolfgang Pesendorfer
    Date: 2005–03–16
    URL: https://d.repec.org/n?u=RePEc:cla:najeco:666156000000000635
  5. By: Muhamet Yildiz
    Date: 2005–03–11
    URL: https://d.repec.org/n?u=RePEc:cla:najeco:666156000000000598

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