Bulletin Issue 58 (Autumn 1993) - Contents

In This Issue

· Highlights of this issue

Features

· An Independent Bank of England

· Making Sense of Subsidiarity

Workshops

The following workshops were discussed in this issue:

· Trade Negotiations - Political Economy

Discussion Meetings

The following workshops were discussed in this issue:

· European Monetary Union - Bank Reserves

· The European Economy - Facing the Future

· CEPR Launch as ESRC Resource Centre

CEPR Books

The following CEPR Books are available to order:

· Making Sense of Subsidiarity: How Much Centralization for Europe?

· Economic Policy 17

Discussion Papers

The following Discussion Papers were discussed in this issue:

· Modelling Exits from Unemployment in Eastern Germany: A Matching Function Approach by Michael C Burda

· Unemployment, Real Wages and Union Membership by Schmidt and Klaus F Zimmermann

· Equilibrium Locations of Vertically Linked Industries by Anthony J Venables

· On the Political Economy of Labour Market Flexibility by Gilles Saint-Paul

· Financial Openness and the Effectiveness of Capital Controls in Greece by Nicos M Christodoulakis and Nicos V Karamouzis

· An Equilibrium Theory of Rationing by Richard J Gilbert and Paul Klemperer

· Trade Wars and Trade Talks by Gene M Grossman and Elhanan Helpman

· Provision of Public Inputs and the Effects of Successful Lobbying in Open Economies by Michael Rauscher

· Trends and Cycles in Labour Productivity in the Major OECD Countries by Giuseppe Nicoletti and Lucrezia Reichlin

· Comparisons of Business Cycles in Greece and the EC: Idiosyncracies and Regularities by Nicos M Christodoulakis, Sophia Dimelis and Tryphon Kollintzas

· Exchange Rate Regimes and Trade Prices: Does the EMS Matter? by André Sapir and Khalid Sekkat

· Markups in the Labour and Product Markets and the Relative Performance of Industry and Services: Italy 1951-90 by Giorgio Brunello

· The Endogeneity of Exchange Rate Regimes by Barry Eichengreen

· The European Satellite Industry: Prospects for Liberalization by Damien J Neven, Lars-Hendrik Röller and Len Waverman

· Domestic and Trade Policy for Central and East European Agriculture by Larry S Karp and Spiro Stefanou

· Heterogeneity, Stratification and Growth by Roland Bénabou

· Economic Transformation and the Reform of the Financial System in Central and Eastern Europe by István P Székely

· The Unstable EMS by Barry Eichengreen and Charles Wyplosz

· Reflections on the Emergence of a Single Market for Bank Reserves in a European Monetary Union by Jacques Mélitz

· The Contribution of Human Capital Formation to Post-War Economic Growth in Ireland by Brendan Walsh

· Galton's Fallacy and Tests of the Convergence Hypothesis by Danny T Quah

· Rules of Origin for Goods and Services: Conceptual Issues and Economic Considerations by Bernard Hoekman

· Developing Countries and the Uruguay Round Negotiations on Services by Bernard Hoekman

· Informational Overshooting, Booms and Crashes by Joseph Zeira

· A Payments Mechanism for the Former Soviet Union: Is the EPU a Relevant Precedent? by Barry Eichengreen

· EC Imports from Eastern Europe: Iron and Steel by Zhen Kun Wang and L Alan Winters

· Key Elements of the Reform of the Hungarian Banking System: Privatization and Portfolio Cleaning by Éva Várhegyi

· Protection for Sale by Gene M Grossman and Elhanan Helpman

· Welfare Effects of `1992': A General Equilibrium Assessment for EC and EFTA Countries by Jan I Haaland

· Implications of EC Expansion for European Agricultural Policies, Trade and Welfare by Kym Anderson and Rod Tyers

· Economic Growth, Environmental Issues and Trade by Kym Anderson

· Privatization, Public Deficit Finance, and Investment in Infrastructure by Nicos M Christodoulakis and Yannis Katsoulacos

· Trade Liberalization in Disinflation by Dani Rodrik

· Turning Point Prediction for the UK using CSO Leading Indicators by Michael J Artis

· How Much Europe? Subsidiarity, Centralization and Fiscal Competition by Hans-Werner Sinn

· Do Firms' Product Lines Include Too Many Varieties, and Do Shops Open Too Many Days? by Paul Klemperer and A Jorge Padilla

· Liberalizing EC Imports of Footwear from Eastern Europe by L Alan Winters and Zhen Kun Wang

· Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s by Barry Eichengreen and Douglas A Irwin

· Fixing Exchange Rates: A Virtual Quest for Fundamentals by Robert P Flood and Andrew K Rose

· The Distributional Consequences of Russia's Transition by Christopher Doyle

· International R&D Spillovers by David T Coe and Elhanan Helpman

· Constraints on Enterprise Liquidity and their Impact on the Monetary Sector in Formerly Centrally Planned Economies by István Abel and Pierre L Siklos

· The Political Economy of Monetary Union in Europe by Paul De Grauwe

· Layoffs with Payoffs: A Bargaining Model of Union Wage and Severance Pay Determination by Alison L Booth

· How are Product Demand Changes Transmitted to the Labour Market? by Assar Lindbeck and Dennis J Snower

· The European Monetary System and the Theory of Target Zones by Patrick Honohan

· Revisiting Dynamic Duopoly with Consumer Switching Costs by A Jorge Padilla

· The Theory of Optimum Currency Areas, Trade Adjustment and Trade by Jacques Mélitz

· Pollution and Growth: What Do We Know? by Gene M Grossman

· US-EC Farm Trade Confrontation: An Outsider's View by Kym Anderson

· On the Historical Continuity of the Process of Economic Growth by Theo van de Klundert and Anton van Schaik

· Native Wage Impacts of Foreign Labour: A Random Effects Panel Analysis by John P De New and Klaus F Zimmermann

· European Exchange Rate Credibility Before the Fall by Andrew K Rose and Lars E O Svensson

· The Potential for Trade Between the Countries of EFTA and Central and Eastern Europe by Richard E Baldwin