European Economic Review

1969 - 2025

Current editor(s): T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer

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Volume 46, issue 10, 2002

The labor market and corporate structure pp. 1733-1756

Daron Acemoglu and Andrew Newman

Does the sector bias of skill-biased technical change explain changing skill premia? pp. 1757-1783

Jonathan Haskel and Matthew J. Slaughter

The anatomy of unemployment dynamics pp. 1785-1824

Jaap Abbring, Gerard van den Berg and Jan van Ours

Public debt indexation and denomination with an independent central bank pp. 1825-1850

Elisabetta Falcetti and Alessandro Missale

Did colonization matter for growth?: An empirical exploration into the historical causes of Africa's underdevelopment pp. 1851-1871

Graziella Bertocchi and Fabio Canova

Volume 46, issue 9, 2002

Editorial pp. iii-iii

Bruno Biais and Xavier Vives

Insider trading legislation and corporate governance pp. 1569-1597

Ernst Maug

Last bank standing: What do I gain if you fail? pp. 1599-1622

Enrico Perotti and Javier Suarez

Excessive continuation and dynamic agency costs of debt pp. 1623-1644

Jean-Paul Décamps and Antoine Faure-Grimaud

Short-term investment and equilibrium multiplicity pp. 1645-1670

Giovanni Cespa

Inducing liquidity in thin financial markets through combined-value trading mechanisms pp. 1671-1695

Peter Bossaerts, Leslie Fine and John Ledyard

Intraday trade in dealership markets pp. 1697-1732

Dan Bernhardt and Eric Hughson

Volume 46, issue 8, 2002

Irrational diversification in multiple decision problems pp. 1369-1378

Ariel Rubinstein

Central governance or subsidiarity: A property-rights approach to federalism pp. 1379-1397

Christoph Lülfesmann

Intertemporal substitution and the liquidity effect in a sticky price model pp. 1399-1421

Javier Andrés, David Lopez-Salido and Javier Valles

Hurting hurts more than helping helps pp. 1423-1437

Theo Offerman

The low skill trap pp. 1439-1451

Kenneth Burdett and Eric Smith

Self-rated economic welfare in Russia pp. 1453-1473

Martin Ravallion and Michael Lokshin

Aid allocation and poverty reduction pp. 1475-1500

Paul Collier and David Dollar

Weakest-link public goods: Giving in-kind or transferring money pp. 1501-1520

Simon Vicary and Todd Sandler

Investment in the absence of property rights; the role of incumbency advantages pp. 1521-1537

Kai Konrad

State-price densities under heterogeneous beliefs, the smile effect, and implied risk aversion pp. 1539-1557

Alexandre Ziegler

Tax principles and tax harmonization under imperfect competition: A cautionary example pp. 1559-1568

Michael Keen, Sajal Lahiri and Pascalis Raimondos

Volume 46, issue 7, 2002

Golden cages for showy birds: Optimal switching costs in labor contracts pp. 1153-1185

Roberto Burguet, Ramon Caminal and Carmen Matutes

Should a team be homogeneous? pp. 1187-1207

Andrea Prat

Wage bargaining and turnover costs with heterogenous labor and perfect history screening pp. 1209-1227

Jon Strand

Duration dependent unemployment benefits in trade union theory pp. 1229-1251

Claus Kreiner and Hans Jorgen Whitta-Jacobsen

A simple preference foundation of cumulative prospect theory with power utility pp. 1253-1271

Peter Wakker and Horst Zank

Corruption and competition in procurement pp. 1273-1303

Marco Celentani and Juan-José Ganuza

Multinational companies and indigenous development: An empirical analysis pp. 1305-1322

Holger Gorg and Eric Strobl

What causes violent crime? pp. 1323-1357

Pablo Fajnzylber, Daniel Lederman and Norman Loayza

The efficient side of progressive income taxation pp. 1359-1368

Giacomo Corneo

Volume 46, issue 6, 2002

Aggregate productivity and aggregate technology pp. 963-991

Susanto Basu and John Fernald

Education, segregation and marital sorting: theory and an application to the UK pp. 993-1022

Raquel Fernandez

Trade integration and risk sharing pp. 1023-1048

Aart Kraay and Jaume Ventura

External wealth, the trade balance, and the real exchange rate pp. 1049-1071

Philip Lane and Gian Maria Milesi-Ferretti

Imaginary money against sticky relative prices pp. 1073-1092

Eduardo Loyo

Monetary policy with uncertain central bank preferences pp. 1093-1109

Anne Sibert

The effect of a currency union on trade: Lessons from the Irish experience pp. 1111-1123

Rodney Thom and Brendan Walsh

Does a currency union affect trade? The time-series evidence pp. 1125-1151

Reuven Glick and Andrew Rose

Volume 46, issue 4-5, 2002

Rational irrationality: Some economics of self-management pp. 633-655

Jean Tirole

A perspective on psychology and economics pp. 657-685

Matthew Rabin

Psychological foundations of incentives pp. 687-724

Ernst Fehr and Armin Falk

On indescribable contingencies and incomplete contracts pp. 725-733

Eric Maskin

Courts, contracts, and interference pp. 734-744

Patrick Legros and Andrew Newman

On partial contracting pp. 745-753

Philippe Aghion, Mathias Dewatripont and Patrick Rey

Time-consistent redistribution pp. 755-769

Per Krusell

Inflation targeting: Should it be modeled as an instrument rule or a targeting rule? pp. 771-780

Lars Svensson

Inflation targeting in emerging market and transition economies: Lessons after a decade pp. 781-790

Jeffery D. Amato and Stefan Gerlach

On the limits to rational learning pp. 791-799

H. Young

Fundamentals, beliefs, and financial contagion pp. 801-808

Roberto Chang and Giovanni Majnoni

The interbank market during a crisis pp. 809-820

Craig Furfine

External discipline and financial stability pp. 821-828

Xavier Vives

How (not) to run auctions: The European 3G telecom auctions pp. 829-845

Paul Klemperer

The European UMTS-auctions pp. 846-858

Eric van Damme

"Crime" in the lab-detecting social interaction pp. 859-869

Armin Falk and Urs Fischbacher

Peer and social networks in job search pp. 870-879

David Marmaros and Bruce Sacerdote

Identification of decision rules in experiments on simple games of proposal and response pp. 880-891

Charles Manski

Coalition governments and comparative constitutional design pp. 893-907

Daniel Diermeier, Hülya Eraslan and Antonio Merlo

Do constitutions cause large governments? Quasi-experimental evidence pp. 908-918

Torsten Persson and Guido Tabellini

Problems of liberalising the electricity industry pp. 919-927

David M Newbery

Competition in gas markets pp. 928-935

Helmuth Cremer and Jean-Jacques Laffont

Volume 46, issue 3, 2002

Eurosystem monetary targeting: Lessons from U.S. data pp. 417-442

Glenn Rudebusch and Lars Svensson

Do asymmetries matter for European monetary policy? pp. 443-469

Yunus Aksoy, Paul De Grauwe and Hans Dewachter

Financial opening, deposit insurance, and risk in a model of banking competition pp. 471-485

Tito Cordella and Eduardo Levy Yeyati

Policy biases with voters' uncertainty about the economy and the government pp. 487-506

Christian Schultz

International portfolio diversification and endogenous labor supply choice pp. 507-522

Urban Jermann

Worker turnover at the firm level and crowding out of lower educated workers pp. 523-538

Pieter Gautier, Gerard van den Berg, Jan van Ours and Geert Ridder

The effects of integration on regional disparities: Convergence, divergence or both? pp. 539-567

Mariassunta Giannetti

On the sources of convergence: A close look at the Spanish regions pp. 569-599

Angel de La Fuente

Revisiting the case for a populist central banker pp. 601-612

Francesco Lippi

Revisiting the case for a populist central banker: A comment pp. 613-621

Vincenzo Guzzo and Andres Velasco

How strong is the case for a populist central banker? A note pp. 623-632

Jurgen Jerger

Volume 46, issue 2, 2002

Agglomeration effects in Europe pp. 213-227

Antonio Ciccone

European monetary union, adjustment, and exchange rate variability pp. 229-251

Luca Ricci and Peter Isard

Central bank secrecy in the foreign exchange market pp. 253-272

Atish Ghosh

International transmission of the business cycle in a multi-sector model pp. 273-300

Steven Ambler, Emanuela Cardia and Christian Zimmermann

Capital markets integration, growth and income distribution pp. 301-327

Jean-Marie Viaene and Itzhak Zilcha

Local public goods, inter-regional transfers and private information pp. 329-356

Richard Cornes and Emilson Silva

Tax competition and tax structure in open federal economies: Evidence from OECD countries with implications for the European Union pp. 357-374

Timothy Goodspeed

Employment protection, international specialization, and innovation pp. 375-395

Gilles Saint-Paul

The role of (non-)transparency in a currency crisis model pp. 397-416

Kenneth Chan and Y. Chiu

Volume 46, issue 1, 2002

Capacity constraints, mergers and collusion pp. 1-29

Olivier Compte, Frédéric Jenny and Patrick Rey

The impact of mergers and acquisitions on company employment in the United Kingdom pp. 31-49

Martin Conyon, Sourafel Girma, Steve Thompson and Peter Wright

Why shops close again: An evolutionary perspective on the deregulation of shopping hours pp. 51-72

Michael Kosfeld

Procurement favouritism and technology adoption pp. 73-91

Fernando Branco

Modelling price competition across many markets (An application to the Spanish loans market) pp. 93-115

Jordi Jaumandreu and Joaquin Lorences

Inverse demand systems and choice of functional form pp. 117-142

Matthew Holt

The costs of uncoordinated regulation pp. 143-167

Robin Mason and Timothy Swanson

Simple contracts, renegotiation under asymmetric information, and the hold-up problem pp. 169-188

Patrick Schmitz

On intrabrand and interbrand competition: The strategic role of fees and royalties pp. 189-200

Kamal Saggi and Nikolaos Vettas

Product differentiation, process R&D, and the nature of market competition pp. 201-211

Ping Lin and Kamal Saggi