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CEPR Discussion Papers
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607: Investigating Private and Public Savings-Investment Gaps in EC Countries
Fernando Carlos Ballabriga , Juan J. Dolado and José Viñals 606: Saving and Endogenous Growth: A Survey of Theory and Policy
Willem Hendrik Buiter 605: A Customs Union with a Continuum of Products
Anthony J. Venables 604: Options for a New Monetary Framework for the Area of the Soviet Union
Peter Bofinger 603: Financial Reform in Eastern Europe: Progress With the Wrong Model
Jenny Corbett and Colin Mayer 602: The Optimality of Nominal Wage Contracts
Scott John Freeman and Guido Tabellini 601: Labour Turnover Costs and Average Labour Demand
Giuseppe Bertola 600: Child Care and Mothers' Lifetime Earnings: Some European Contrasts
Hugh Davies and Heather Joshi 599: Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity
Giuseppe Bertola and Allan Drazen 598: Is There an `EMS' Effect in European Labour Markets?
Michael John Artis and Paul Ormerod 597: Inflation Convergence with Realignments in a Two-Speed Europe
Luisa Lambertini , Marcus H Miller and Alan James Sutherland 596: The Macroeconomic Impact of Flexible Labour Contracts: An Application to Spain
Samuel Bentolila and Gilles Saint-Paul 595: Voting on the Adoption of a Common Currency
Alessandra Casella 594: Halting Inflation in Italy and France After World War II
Alessandra Casella and Barry Julian Eichengreen 593: Rational Frenzies and Crashes
Jeremy Bulow and Paul Klemperer 592: On the Many Kinds of Growth
Zvi Eckstein , Costas Foulides and Tryphon Kollintzas 591: The Currency Reform as the Last Stage of Economic and Monetary Union: Some Policy Questions
Alberto Giovannini 590: A Suggested Reformulation of the Theory of Optimal Currency Areas
Jacques Melitz 589: The Interwar Economy in a European Mirror
Barry Julian Eichengreen 588: A Cross-Country Analysis of the Tax-Push Hypothesis
Fiorella Kostoris Padoa Schioppa 587: Tax Rates, Progressivity and de facto Fiscal Indexation in Ten European Countries
Fiorella Kostoris Padoa Schioppa 586: Exchange Rate Policies for the EFTA Countries in the 1990s
William H Branson 585: Designing a Central Bank for Europe: A Cautionary Tale from the Early Years of the Federal Reserve System
Barry Julian Eichengreen 584: German Unification: Economic Problems and Consequences
Manfred J.M. Neumann 583: Financing Budget Deficits by Seigniorage and Implicit Taxation: The Cases of Spain and Portugal
Rafael Repullo 582: External Debt and Political Instability
Sule Ozler and Guido Tabellini 581: Is Inequality Harmful for Growth? Theory and Evidence
Torsten Persson and Guido Tabellini 580: Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS
Lars E. O. Svensson 579: Information Sharing in Credit Markets
Tullio Jappelli and Marco Pagano 578: On the Virtue of Bad Times: An Analysis of the Interaction between Economic Fluctuations and Productivity Growth
Philippe Aghion and Gilles Saint-Paul 577: Growth and Unemployment
Philippe Aghion and Peter Howitt 576: Factor Shares and Savings In Endogenous Growth
Giuseppe Bertola 575: Sequencing the Transition
David M Newbery 574: Market Integration, Competition and Welfare
Jan . Haaland and Ian Wooton 573: German Trade Unions After Unification: Third Degree Wage Discriminating Monopolists?
Michael Christopher Burda and Michael Funke 572: Why is Italy's Savings Rate So High?
Luigi Guiso , Tullio Jappelli and Daniele Terlizzese 571: Stock Markets and Corporate Performance: A Comparison of Quoted and Unquoted Firms
Ian Alexander and Colin Mayer 570: Corporate Finance in the Euromarkets and the Economics of Intermediation
E Philip Davis and Colin Mayer 569: Financial Innovation and the Neutrality of Money
Michael John Moore 568: Strategies for the International Protection of the Environment
Carlo Carraro and Domenico Siniscalco 567: Exchange Rate Risk and Imperfect Capital Mobility in an Optimizing Macromodel
Neil Rankin 566: Financial Intermediation and Monetary Policies in the World Economy
Vittorio Grilli and Nouriel Roubini 565: Distributive Politics and Economic Growth
Alberto Alesina and Dani Rodrik 564: Dually-Traded Italian Equities: London vs. Milan
Marco Pagano and Ailsa A Röell 563: The European Central Bank: Reshaping Monetary Politics in Europe
Alberto Alesina and Vittorio Grilli 562: Unanticipated Inflation and Government Finance: The Case for an Independent Common Central Bank
(Rick) van der Ploeg, Frederick 561: Do the Benefits of Exchange Rates Outweigh Their Cost? The Franc Zone in Africa
Shantayanan Devarajan and Dani Rodrik 560: Cost Asymmetries in International Subsidy Games: Should Governments Help Winners or Losers?
J. Peter Neary 559: The Path of Reform in Central and Eastern Europe: An Introduction
Richard Portes 558: An Analysis of the Hungarian Tax Reform
David M Newbery 557: Competition in the British Electricity Spot Market
Richard John Green and David M Newbery 556: Brussels on a Single Money
Jacques Melitz 555: Is Europe an Optimum Currency Area? Evidence from Regional Data
Paul De Grauwe and Wim Vanhaverbeke 554: Stochastic Process Switching and Intervention in Exchange Rate Target Zones: Empirical Evidence from the EMS
Axel A Weber 553: Bargaining for the Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model
Martin Klein 552: Expected and Predicted Realignments: The FF/DM Exchange Rate During the EMS
Andrew Kenan Rose and Lars E. O. Svensson 551: The Interaction of Monetary Policy and Wages
Thorvaldur Gylfason and Assar Lindbeck 550: The Pension Consequences of Divorce
Hugh Davies and Heather Joshi 549: Foreign Exchange, Prices and Economic Activity in Bulgaria
Gordon Hughes 548: Labor and Product Markets in Czechoslovakia and the ex-GDR: A Twin Study
Michael Christopher Burda 547: Political Parties, Elections and Inflation in Greece
George Alogoskoufis and Apostolis Philippopoulos 546: Industrial Restructuring and the Reorientation of Trade in Czechoslovakia, Hungary and Poland
Michael Alroy Landesmann and Istvan P Szekely 545: Options for the Payments and Exchange Rate System in Eastern Europe
Peter Bofinger 544: Privatization in Hungary, Poland and Czechoslovakia
Irena Grosfeld and Paul G. Hare 543: Competitiveness and Industrial Restructuring in Czechoslovakia, Hungary and Poland
Paul G. Hare and Gordon Hughes 542: Persistent Differences in National Productivity Growth Rates with a Common Technology and Free Capital Mobility
Willem Hendrik Buiter and Kenneth Kletzer 541: Why was Unemployment in Postwar Britain So Low
Stephen Broadberry 540: Multiple Equilibria in the British Labour Market: Some Empirical Evidence
Alan Manning 539: The Solvency of Eastern Europe
Daniel Cohen 538: The Virtues of Gradualism and Legitimacy in the Transition to a Market Economy
Mathias Dewatripont and Gérard Roland 537: Which Rules Rather than Discretion in a Democracy? An Axiomatic Approach
Daniel Cohen and Philippe Michel 536: Which `Simple' Rules Rather than Discretion?
Daniel Cohen and Philippe Michel 535: Currency Substitution and the Fluctuations of Foreign-Exchange Reserves with Credibly Fixed Exchange Rates
Alberto Giovannini 534: Simple Rules for the Open Economy: Evaluating Alternative Proposals
Patrizio Tirelli and David Vines 533: Debts, Deficits and Growth in Interdependent Economies
George Alogoskoufis and (Rick) van der Ploeg, Frederick 532: Money and Growth Revisited
George Alogoskoufis and (Rick) van der Ploeg, Frederick 531: New Evidence on the Fertility Transition in Ireland 1880-1911
O'Gráda, Cormac 530: Iceland on the Outskirts of Europe: The Common Property Resource Problem
Thorvaldur Gylfason 529: Precautionary Saving, Government Policy and Growth in a Stochastic Cash-in-Advance Economy
Seppo Mikko Sakari Honkapohja and Urho Lempinen 528: Post-Reform East and West: Capital Accumulation and the Labor Mobility Constraint
Charles Wyplosz 527: A Note on the Real Exchange Rate Effect of German Unification
Charles Wyplosz 526: The Measurement of Policy Effects in a Non-Causal Model: An Application to Economic Policy in the UK, 1974-79
Michael John Artis , Robin Bladen-Hovell and Yue Ma 525: Environmental Innovation Policy and International Competition
Carlo Carraro and Domenico Siniscalco 524: The Nordic EFTA Countries' Options: Seeking Community Membership or a Permanent EEA-Accord
Carl B Hamilton 523: Segmented Labor Markets and Unemployment
Assar Lindbeck and Dennis Snower 522: Exchange Rate Dynamics Under Stochastic Regime Shifts: A Unified Approach
Kenneth A. Froot and Maurice Obstfeld 521: Spain's Industrial Exports to the EEC: A Panel Data Approach
Carmela Martín and Lourdes Moreno 520: German Reunification and Exchange Rate Policy in the EMS
Jacques Melitz 519: Dynamic Seigniorage Theory: An Exploration
Maurice Obstfeld 518: Destabilizing Effects of Exchange-Rate Escape Clauses
Maurice Obstfeld 517: Adjustment Difficulties within a European Monetary Union: Can They be Reduced?
Andrew J Hughes Hallett and David Vines 516: Fiscal Rules in the European Monetary Union: A No-Entry Clause
Alberto Giovannini and Luigi Spaventa 515: Should Rules be Simple?
Paul Leslie Levine 514: Does Commitment Matter in Trade Policy?
Robert W. Staiger and Guido Tabellini 513: Stochastic Devaluation Risk and the Empirical Fit of Target Zone Models
Giuseppe Bertola and Lars E. O. Svensson 512: The Political Economy of the Hard-ECU Proposal
Peter Bofinger 511: Public Goods in Trade: On the Formation of Markets and Political Jurisdictions
Alessandra Casella and Jonathan Feinstein 510: Intertemporal Speculation, Shortages and the Political Economy of Price Reform: A Case Against Gradualism
Sweder van Wijnbergen 509: Monetary Policy in France
Jacques Melitz 508: The Quality of Production of Textiles and Clothing and the Completion of the Internal Market
Riccardo Faini and Alberto Heimler
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