· Highlights of this issue

· Do Economists Understand Science and Technology - Partha Dasgupta

The following conferences were discussed in this issue:

· Natural Resources - Paradox of prosperity

· Economic policy - First panel Meeting

The following workshop was discussed in this issue:

· Simulating Tax and Benefit Reforms

The following lunchtime meeting was discussed in this issue:

· The Economic Consequences of Mr Reagan

The following Discussion Papers were discussed in this issue:

· The Estimation of 'Surprise' Models and the 'Surprise' Consumption Function by Charles R Bean

· International Monetary Policy to Promote Economic Recovery by Willem H Buiter

· Macroeconomic Policies in the OECD and LDC External Adjustment by Jeffrey Sachs and Warwick McKibbin

· Selection Criteria for a Microeconometric Model of Labour Supply by Richard Blundell and Costas Meghir

· International Capital Mobility, Shadow Prices and the Cost of Protection by J Peter Neary and Frances Ruane

· The Fundamental Theorem of Road User Charges by David M G Newbery

· Incomplete Contracts and Renegotiation by Oliver Hart and John Moore

· Theory and Policy of Adjustment in an Open Economy by J Peter Neary

· Company Expectations and New Information: An Application of Kalman Filtering by Colin P Mayer and Mathias Mors