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 44, issue 10, 2000

Product market competition and optimal debt contracts: The limited liability effect revisited pp. 1823-1840

Antoine Faure-Grimaud

A model of random matching and price formation pp. 1841-1856

Klaus Kultti

Managerial career concerns, privatization and restructuring in transition economies pp. 1857-1872

Gérard Roland and Khalid Sekkat

National and international privatisation of pensions pp. 1873-1896

James Pemberton

Signaling fiscal regime sustainability pp. 1897-1930

Francesco Drudi and Alessandro Prati

Entrepreneurial moral hazard and bank monitoring: A model of the credit channel pp. 1931-1950

Rafael Repullo and Javier Suarez

Sharing default information as a borrower discipline device pp. 1951-1980

A. Jorge Padilla and Marco Pagano

Network externalities and the Coase conjecture pp. 1981-1992

Robin Mason

Volume 44, issue 9, 2000

Extracting information from asset prices: The methodology of EMU calculators pp. 1607-1632

Carlo Favero, Francesco Giavazzi, Fabrizio Iacone and Guido Tabellini

Tax evasion, fiscal competition and economic integration pp. 1633-1657

Helmuth Cremer and Firouz Gahvari

Bargaining over reform pp. 1659-1676

Chang-Tai Hsieh

MCIs and monetary policy pp. 1677-1700

Stefan Gerlach and Frank Smets

The optimal size of a bank: Costs and benefits of diversification pp. 1701-1726

Vittoria Cerasi and Sonja Daltung

Competition increases x-efficiency: A limited liability mechanism pp. 1727-1744

Johan Stennek

Declining costs of communication and transportation: What are the effects on agglomerations? pp. 1745-1761

Hans Gersbach and Armin Schmutzler

To be (unionized) or not to be? A case for cost-raising strategies under Cournot oligopoly pp. 1763-1781

Stefano Vannini and Jacques Bughin

Holdouts, backdating and wage negotiations pp. 1783-1800

Harold Houba and Wilko Bolt

Retraining and long-term unemployment in a model of unlearning by not doing pp. 1801-1822

Melvyn Coles and Adrian Masters

Volume 44, issue 8, 2000

Endogenous monetary policy and the business cycle pp. 1409-1429

Martin Flodén

Licence contracts, future exchange clauses, and technological competition pp. 1431-1448

Theon van Dijk

Local-currency pricing and the choice of exchange-rate regime pp. 1449-1472

Charles Engel

Efficiency wage and efficient redundancy pay pp. 1473-1490

Giulio Fella

Political support for reforms: Economics of voting in transition countries pp. 1491-1513

Jan Fidrmuc

A small open economy model with transaction costs in foreign capital pp. 1515-1541

Tryphon Kollintzas and Vanghelis Vassilatos

Partners in giving:: The crowding-in effects of UK government grants pp. 1543-1556

Jyoti Khanna and Todd Sandler

On entry, exit, and coordination with mixed strategies pp. 1557-1576

Nikolaos Vettas

Bidding and renegotiation in procurement auctions pp. 1577-1597

Ruqu Wang

Endogenous growth with physical capital, human capital and product variety: A comment pp. 1599-1605

Lutz Arnold

Volume 44, issue 7, 2000

Productivity gains from unemployment insurance pp. 1195-1224

Daron Acemoglu and Robert Shimer

Consumption smoothing in island economies: Can public insurance reduce welfare? pp. 1225-1258

Orazio Attanasio and José-Víctor Ríos-Rull

Searching for non-linear effects of fiscal policy: Evidence from industrial and developing countries pp. 1259-1289

Francesco Giavazzi, Tullio Jappelli and Marco Pagano

Employment and distributional effects of restricting working time pp. 1291-1326

Ramon Marimon and Fabrizio Zilibotti

Financial integration and asset returns pp. 1327-1350

Philippe Martin and Helene Rey

Inflation zone targeting pp. 1351-1387

Athanasios Orphanides and Volker Wieland

Low inflation, pass-through, and the pricing power of firms pp. 1389-1408

John Taylor

Volume 44, issue 4-6, 2000

Reproductive externalities and fertility behaviour pp. 619-644

Partha Dasgupta

Development, ecological resources and their management: A study of complex dynamic systems pp. 645-665

Karl-Goran Maler

Auctions, development, and privatization: Efficient auctions with liquidity-constrained buyers pp. 667-681

Eric Maskin

Democratization or repression? pp. 683-693

Daron Acemoglu and James Robinson

Wealth constraints, lobbying and the efficiency of public allocation pp. 694-705

Joan Esteban and Debraj Ray

Income distribution and the process of development pp. 706-712

Oded Galor

Contagious bank failures in a free banking system pp. 713-718

Philippe Aghion, Patrick Bolton and Mathias Dewatripont

Foreign currency debt and the global financial architecture pp. 719-727

Olivier Jeanne

A simple model of monetary policy and currency crises pp. 728-738

Philippe Aghion, Philippe Bacchetta and Abhijit Banerjee

Entrepreneurship, access policy and economic development: Lessons from industrial organization pp. 739-747

Mark A. Dutz, Janusz A. Ordover and Robert Willig

Business groups and social welfare in emerging markets: Existing evidence and unanswered questions pp. 748-761

Tarun Khanna

Competition policy implementation in transition economies: An empirical assessment pp. 762-772

Mark A. Dutz and Maria Vagliasindi

Group lending with adverse selection pp. 773-784

Jean-Jacques Laffont and Tchetche N'Guessan

Incentives in allocation of policy loans pp. 785-796

Xinzhu Zhang

Cross-subsidies and network expansion in developing countries pp. 797-805

Jean-Jacques Laffont and Ake N'Gbo

Organizational law as asset partitioning pp. 807-817

Henry Hansmann and Reinier Kraakman

Threatening inefficient performance pp. 818-828

Ian Ayres and Kristin Madison

Using options to divide value in corporate bankruptcy pp. 829-843

Lucian Bebchuk

The allocation of jurisdiction in international antitrust pp. 845-855

Damien Neven and Lars-Hendrik Roller

Skill versus judgement and the architecture of organisations pp. 856-868

Paul Seabright

Multitask agency problems: Focus and task clustering pp. 869-877

Mathias Dewatripont, Ian Jewitt and Jean Tirole

Human capital, social capital, and public schooling pp. 879-890

Mark Gradstein and Moshe Justman

Is financial openness bad for education? A political economy perspective on development pp. 891-903

François Bourguignon and Thierry Verdier

On the political economy of means-tested education vouchers pp. 904-915

Peter Bearse, Gerhard Glomm and B Ravikumar

Certification of training and training outcomes pp. 917-927

Daron Acemoglu and Jorn-Steffen Pischke

Youth employment policies in France pp. 928-942

Denis Fougere, Francis Kramarz and Thierry Magnac

Youth labour markets in Spain: Education, training, and crowding-out pp. 943-956

Juan Dolado, Florentino Felgueroso and Juan F Jimeno

Declining public pensions in an era of demographic ageing: Will private provision fill the gap? pp. 957-973

Richard Disney

Reforming our pension system: Is it a demographic, financial or political problem? pp. 974-983

Helmuth Cremer and Pierre Pestieau

Empirical research on discrete choice game theory models of entry: An illustration pp. 985-992

Otto Toivanen and Michael Waterson

Empirical models of demand for differentiated products pp. 993-1005

Peter Davis

Bidding behavior in a repeated procurement auction: A summary pp. 1006-1020

Mireia Jofre-Bonet and Martin Pesendorfer

Network externalities and universal service obligation in the internet pp. 1021-1031

Jacques Crémer

Internet cluster emergence pp. 1032-1044

Danny Quah

Simple competitive Internet pricing pp. 1045-1056

Robin Mason

Fairness, incentives, and contractual choices pp. 1057-1068

Ernst Fehr and Klaus Schmidt

Reciprocity and wage undercutting pp. 1069-1078

Martin Dufwenberg and Georg Kirchsteiger

Asymmetric inequality aversion and noisy behavior in alternating-offer bargaining games pp. 1079-1089

Jacob Goeree and Charles Holt

Inter-generational transfers and common values in a society pp. 1091-1103

Bernard Caillaud and Daniel Cohen

The value of information when preferences are dynamically inconsistent pp. 1104-1115

Isabelle Brocas and Juan D. Carrillo

Modelling time-inconsistent preferences pp. 1116-1124

Bernard Caillaud and Bruno Jullien

Volume 44, issue 3, 2000

From local to global competition pp. 423-448

Simon Anderson and André de Palma

Do capital market imperfections exacerbate output fluctuations? pp. 449-468

Philippe Bacchetta and Ramon Caminal

Darwinian selection does not eliminate irrational traders pp. 469-490

Bruno Biais and Raphael Shadur

On endogenous growth with physical capital, human capital and product variety pp. 491-515

Michael Funke and Holger Strulik

Optimal monetary policy cooperation through state-independent contracts with targets pp. 517-539

Henrik Jensen

Internal and external labor markets and the scope of the firm pp. 541-563

Ian E. Novos

Relative preferences and public goods pp. 565-585

Michael Reiter

Critical mass effect and restructuring in the transition towards a market economy pp. 587-608

Pier Luigi Sacco and Carlo Scarpa

Donations to a public good in a large economy pp. 609-618

Simon Vicary

Volume 44, issue 2, 2000

(In)accuracy of a European political stock market: The influence of common value structures pp. 205-230

Ben Jacobsen, Jan Potters, Arthur Schram, Frans van Winden and Jorgen Wit

Rational speculators and exchange rate volatility1 pp. 231-253

John Carlson and Carol Osler

Growth and imperfect competition on factor markets: Increasing returns and distribution pp. 255-280

Gilles Duranton

Credit and equity rationing in markets with adverse selection pp. 281-304

Thomas Hellmann and Joseph Stiglitz

Endogenous, imperfectly competitive business cycles pp. 305-336

Hans Jorgen Jacobsen

Using subjective income expectations to test for excess sensitivity of consumption to predicted income growth pp. 337-358

Tullio Jappelli and Luigi Pistaferri

Long-term growth and short-term economic instability pp. 359-381

Philippe Martin and Carol Ann Rogers

Taxes and stimuli of investment under uncertainty pp. 383-391

Enrico Pennings

The political economy of mass privatization and the risk of expropriation pp. 393-421

Klaus Schmidt

Volume 44, issue 1, 2000

Imperfect competition, risk taking, and regulation in banking pp. 1-34

Carmen Matutes and Xavier Vives

Endogenous corruption in a neoclassical growth model pp. 35-60

Raul Barreto

Nonstationary stochastic seasonality and the German M2 money demand function pp. 61-70

Martin T. Bohl

Debt stabilization with a deadline pp. 71-90

Martine Carré

The role of investment-specific technological change in the business cycle pp. 91-115

Jeremy Greenwood, Zvi Hercowitz and Per Krusell

Foreign direct investment and factor demand elasticities pp. 117-143

Jan Hatzius

Measuring substitution bias in international comparisons based on additive purchasing power parity methods pp. 145-162

Robert Hill

Intrafirm information management and wage dynamics pp. 163-180

Harry Huizinga

Two-stage bargaining with coverage extension in a dual labour market pp. 181-200

Mark A. Roberts, Karsten Staehr and Torben Tranaes