Bulletin Issue 55/56 (April 1993) - Contents

· Highlights of this issue

· European Monetary Unification - History and Prospects

· The Impact of European Monetary Union

· Capital Mobility - New Perspectives

· Growth and Development - New Theory and Evidence

· International Comparison of the Financial System and Regulation

· International Seminar on International Trade

· Migration Flows - Econometric Evidence

· Human Capital and Post-war European Economic Growth

· European Research Workshop on International Trade

· Finance and Development: Issues and Experience

· Economic Transformation in Central Europe: A Progress Report

· Trade Flows and Trade Policy After 1992

· Hungary: An Economy in Transition

· Economic Policy 16

· European Integration - A Progress Report

· Eastern Europe - Reform in Hungary

· The Welfare State - Facing the Future

· Exchange Rate Mechanism - Rules with Discretion

· Eastern Europe - Sensitive Trade

· Illusive Persistence in German Unemployment by Rolf Tschernig and Klaus F Zimmermann

· Market Stabilization and the Reform of the Common Agricultural Policy by Ronald W Anderson

· Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt by Roel M W J Beetsma and Frederick van der Ploeg

· Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates by Lars E O Svensson

· Privatization, Risk-Taking, and the Communist Firm by Dominique Demougin and Hans-Werner Sinn

· Country Characteristics and the Choice of the Exchange Rate Regime: Are Mini-skirts Followed by Maxis? by Seppo Honkapohja and Pentti Pikkarainen

· Environmental Policy, Public Finance and the Labour Market in a Second-best World by A Lans Bovenberg and Frederick van der Ploeg

· Unemployment, Labour Market Institutions and Structural Change in Eastern Europe by Michael C Burda

· What to Expect from Regional and Multilateral Trade Negotiations: A Public Choice Perspective by Michael P Leidy and Bernard Hoekman

· Holes and Loopholes in Integration Agreements: History and Prospects by Bernard Hoekman and Michael P Leidy

· Regional Versus Multilateral Liberalization of Trade in Services by Bernard Hoekman

· `Excessive Deficits': Sense and Nonsense in the Treaty of Maastricht by Willem H Buiter, Giancarlo Corsetti and Nouriel Roubini

· Multiple Equilibria in a Growth Model with Monopolistic Competition by Jordi Galí

· Central Banking as a Political Principal-Agent Problem by Michele Fratianni, Jürgen von Hagen and Christopher Waller

· Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basel-Nyborg by Edward H Gardner and William R M Perraudin

· Who Are the Insiders? Wage Setting in Spanish Manufacturing Firms by Juan J Dolado and Samuel Bentolila

· The European Community: A Case of Successful Integration? by L Alan Winters

· Information, Forecasts and Measurement of the Business Cycle by George W Evans and Lucrezia Reichlin

· Other People's Money: The Microfoundations of Optimal Currency Areas by Patrick Minford

· Macroeconomic Equilibrium and Reform in a Transitional Economy by John Bennett and Huw David Dixon

· Currency Substitution by Alberto Giovannini and Bart Turtelboom

· Convergence in Growth Rates: The Role of Capital Mobility and International Taxation by Assaf Razin and Chi-Wa Yuen

· Delegation in International Monetary Policy Games by Juan J Dolado, Mark Griffiths and A Jorge Padilla

· Apprenticeships and Job Tenure: A Competing Risks Model with Time-varying Covariates by Alison L Booth and Stephen E Satchell

· The Earnings Dynamics of Immigrant Labour by Schmidt

· The Determinants of East-West German Migration: Some First Results by Michael C Burda

· The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s by Alison L Booth and Stephen E Satchell

· International Trade, Factor Mobility and Trade Costs by Victor D Norman and Anthony J Venables

· Time-inconsistency, Democracy and Optimal Contingent Rules by Patrick Minford

· Optimal Tax Policy, Government Myopia and Insolvency by Paul Levine and Joseph Pearlman

· Migration Theory and Evidence: An Assessment by Subrata Ghatak and Paul Levine

· The Economics of the International Arms Trade by Paul Levine, Somnath Sen and Ron Smith

· A Model of UK Emigration, 1870-1913 by Timothy J Hatton

· Factors and Effects of Trade Reorientation in Hungary by László Halpern

· The Term Strucure of Forward Exchange Premia and the Forecastability of Spot Exchange Rates: Correcting the Errors by Richard Clarida and Mark P Taylor