This paper explores how international capital movements affected the domestic money supply. This requires that the causality at work in the adjustment process be analyzed. For this purpose, series of central bank reserves, the monetary base, the money supply and the balance of payments were...

This paper investigates how the use of redundant representations influences the performance ofgenetic and evolutionary algorithms. Representations are redundant if the number of genotypesexceeds the number of phenotypes. A distinction is made between synonymously and nonsynonymouslyredundant...