Preface I. Preliminaries 1. Introduction and Summary Michael R. Darby and James R. Lothian 2. The Postwar Institutional Evolution of the International Monetary System Anna J. Schwartz 3. The International Data Base: An Introductory Overview James R.
Lothian 4. The Timing of Monetary and Price Changes and the International Transmission of Inflation Anthony Cassese and James R. Lothian II. The Mark III International Transmission Model 5. The Mark III International Transmission Model: Specification Michael R. Darby and Alan C. Stockman 6. The Mark III International Transmission Model: Estimates Michael R.
Darby and Alan C. Stockman 7. International Transmission of Monetary and Fiscal Shocks under Pegged and Floating Exchange Rates: Simulation Experiments Michael R. Darby 8. The Importance of Oil Price Changes in the 1970s World Inflation Michael R. Darby 9. Actual versus Unanticipated Changes in Aggregate Demand Variables: A Sensitivity Analysis of the Real-Income Equation Michael R. Darby III.
Capital Flows, Sterilization, Monetary Policy, and Exchange Intervention 10. Sterilization and Monetary Control: Concepts, Issues, and a Reduced-Form Test Michael R. Darby 11. Short-Run Independence of Monetary Policy under a Pegged Exchange-Rates System: An Econometric Approach Daniel M. Laskar 12. Effects of Open Market Operations and Foreign Exchange Market Operations under Flexible Exchange Rates Dan Lee 13. An Alternative Approach to International Capital Flows Michael Melvin IV. International Price Movements 14.
International Price Behavior and the Demand for Money Arthur E. Gandolfi and James R. Lothian 15. Movements in Purchasing Power Parity: The Short and Long Runs Michael R. Darby 16. The United States as an Exogenous Source of World Inflation under the Bretton Woods System Michael R. Darby V. Conclusions 17.
Conclusions on the International Transmission of Inflation Michael R. Darby and James R. Lothian Data Appendix James R. Lothian with the assistance of Anthony Cassese and Laura Nowak Author Index Subject Index.