European Economic Review
December 1997, Volume 41, Issue 9
- 1635-1654 Privatization and efficiency in a differentiated industry
by Anderson, Simon P. & de Palma, Andre & Thisse, Jacques-Francois
- 1655-1674 Optimal auction design and R&D
by Bag, Parimal Kanti
- 1675-1685 Yield-curve movements and fiscal retrenchments
by Balduzzi, Pierluigi & Corsetti, Giancarlo & Foresi, Silverio
- 1687-1707 The determinants of realignment expectations under the EMS: Some empirical regularities
by Chen, Zhaohui & Giovannini, Alberto
- 1709-1733 Structural uncertainty and subsidy removal for economies in transition
by Bertocchi, Graziella & Spagat, Michael
- 1735-1762 Walras--Keynes equilibria coordination and macroeconomics
by Dreze, Jacques H.
- 1763-1779 The distribution of earnings in Finland 1971-1990
by Eriksson, Tor & Jantti, Markus
- 1781-1816 Common trends and hysteresis in Scandinavian unemployment
by Jacobson, Tor & Vredin, Anders & Warne, Anders
- 1817-1834 Budget-constrained search
by Manning, Richard & Manning, Julian R. A.
- 1835-1852 Convergence across the Swedish counties, 1911-1993
by Persson, Joakim
August 1997, Volume 41, Issue 8
- 1427-1459 Environmental risks and bank liability
by Boyer, Marcel & Laffont, Jean-Jacques
- 1461-1478 The instability of fixed exchange rate systems when raising the nominal interest rate is costly
by Bensaid, Bernard & Jeanne, Olivier
- 1479-1488 International R&D spillovers, human capital and productivity in OECD economies: An empirical investigation
by Engelbrecht, Hans-Jurgen
- 1489-1509 Does unmeasured ability explain the higher wages of new technology workers?
by Entorf, Horst & Kramarz, Francis
- 1511-1535 A new indicator to assess the credibility of the EMS
by Gomez-Puig, Marta & Montalvo, JoseG.
- 1537-1557 Growth effects of European integration
by Henrekson, Magnus & Torstensson, Johan & Torstensson, Rasha
- 1559-1567 Note on duopolistic vertical restraints
by Irmen, Andreas
- 1569-1587 Conflict generating product price changes: The imputed output approach
by Lloyd, P. J. & Schweinberger, A. G.
- 1589-1613 An equilibrium search-matching model of discrimination
by Rosen, Asa
- 1615-1634 Risk allocation and inter-dealer trading
by Vogler, Karl-Hubert
July 1997, Volume 41, Issue 7
- 1251-1279 Saving and income smoothing: Evidence from panel data
by Alessie, Rob & Lusardi, Annamaria
- 1281-1307 The causes of Spanish unemployment: A structural VAR approach
by Dolado, Juan J. & Jimeno, Juan F.
- 1309-1320 Pricing initial public offerings: Further evidence from Germany
by Ljungqvist, Alexander P.
- 1321-1342 Rationing versus collateralization in competitive and monopolistic credit markets with asymmetric information
by Schmidt-Mohr, Udo
- 1343-1353 On the effects of firing costs when investment is endogenous: An extension of a model by Bertola
by Risager, Ole & Sorensen, Jan Rose
- 1355-1374 The term-structure of investment and the banks' insurance function
by von Thadden, Ernst-Ludwig
- 1375-1401 The predictive power of the term structure of interest rates in Europe and the United States: Implications for the European Central Bank
by Estrella, Arturo & Mishkin, Frederic S.
- 1403-1419 Monetary integration and currency substitution in the EMS: The case for a European monetary aggregate
by Spencer, Peter
- 1421-1426 Export and hedging decisions under revenue and exchange rate risk: A note
by Adam-Muller, Axel F. A.
June 1997, Volume 41, Issue 6
- 1-1 Editorial note
by Frankel, Jeffrey & Wyplosz, Charles
- 1025-1053 What does the Bundesbank target?
by Bernanke, Ben S. & Mihov, Ilian
- 1055-1078 International evidence on investment and fundamentals
by Eberly, Janice C.
- 1079-1109 Are countries with official international restrictions 'liquidity constrained'?
by Lewis, Karen K.
- 1111-1146 Inflation forecast targeting: Implementing and monitoring inflation targets
by Svensson, Lars E. O.
- 1147-1171 Institutions and labor reallocation
by Bertola, Giuseppe & Rogerson, Richard
- 1173-1200 Skill-biassed change, unemployment and wage inequality
by Gregg, Paul & Manning, Alan
- 1201-1249 Sticky price and limited participation models of money: A comparison
by Christiano, Lawrence J. & Eichenbaum, Martin & Evans, Charles L.
April 1997, Volume 41, Issue 3-5
- 357-383 Privatisation and liberalisation of network utilities
by Newbery, David M.
- 385-410 Government in transition
by Shleifer, Andrei
- 411-442 The 'paradoxes' of the successful state
by Rodrik, Dani
- 443-450 The constitutional reform of the European Union
by Vaubel, Roland
- 451-459 Flexible integration and European monetary union
by Thygesen, Niels
- 461-473 A new bankruptcy procedure that uses multiple auctions
by Hart, Oliver & La Porta Drago, Rafael & Lopez-de-Silanes, Florencio & Moore, John
- 475-485 Ex-ante efficiency of bankruptcy procedures
by Cornelli, Francesca & Felli, Leonardo
- 487-497 Optimal bankruptcy law and firm-specific investments
by Berkovitch, Elazar & Israel, Ronen & Zender, Jaime F.
- 499-506 Is labour rigidity harming Europe's competitiveness? The effect of job protection on the pattern of trade and welfare
by Saint-Paul, Gilles
- 507-516 Can supply create its own demand? Implications for rising skill differentials
by Machin, Stephen & Manning, Alan
- 517-524 Unemployment insurance benefits and human capital accumulation
by Dellas, Harris
- 525-533 Technology, unemployment and efficiency
by Acemoglu, Daron
- 535-547 Challenges facing natural rate theory
by Bianchi, Marco & Zoega, Gylfi
- 549-557 Growth, wealth and the natural rate: Is Europe's jobs crisis a growth crisis?
by Hoon, Hian Teck & Phelps, Edmund S.
- 559-569 Is the natural rate a reference point?
by Karanassou, Marika & Snower, Dennis J.
- 571-579 An empirical puzzle: Falling migration and growing unemployment differentials among Italian regions
by Faini, Riccardo & Galli, Giampaolo & Gennari, Pietro & Rossi, Fulvio
- 581-589 Regional unemployment and labour mobility in the UK
by McCormick, Barry
- 591-598 Sticky labor in Spanish regions
by Bentolila, Samuel
- 599-608 Is redistribution through indirect taxes equitable?
by Decoster, Andre & Schokkaert, Erik & Van Camp, Guy
- 609-617 On the distributive and incentive effects of the Spanish income tax: A comparison of 1980 and 1994
by Mercader-Prats, Magda
- 619-626 Behavioural tax microsimulation with finite hours choices
by Duncan, Alan & Weeks, Melvyn
- 627-633 The impact of comparable policies in European countries: Microsimulation approaches
by Callan, Tim & Sutherland, Holly
- 635-646 Corporatism, labor unions and the safety net
by Burda, Michael C.
- 647-657 The decline of labour market institutions and the rise in wage inequality in Britain
by Machin, Stephen
- 659-669 A new theory of corporatism and wage setting
by Teulings, Coen N.
- 671-680 The Eastern enlargement of the European Union: Major challenges for macro-economic policies and institutions of Central and East European countries
by Daviddi, Renzo & Ilzkovitz, Fabienne
- 681-690 Ongoing reform of U.S. telecommunications policy
by Katz, Michael L.
- 691-699 The evolution of telecommunications regulation in the UK
by Cave, Martin
- 701-711 Competition between telecommunications operators
by Laffont, Jean-Jacques & Rey, Patrick & Tirole, Jean
- 713-721 The effects of minimum bargained wages on earnings: Evidence from Spain
by Dolado, Juan J. & Felgueroso, Florentino & Jimeno, Juan F.
- 723-732 Is there a negative effect of minimum wages on youth employment in France?
by Bazen, Stephen & Skourias, Nicolas
- 733-742 Minimum wages and economic outcomes in Europe
by Machin, Stephen & Manning, Alan
- 743-751 EMU: Countries or regions? Lessons from the EMS experience
by Fatas, Antonio
- 753-760 Is EMU more justifiable ex post than ex ante?
by Frankel, Jeffrey A. & Rose, Andrew K.
- 771-782 Competition and growth with step-by-step innovation: An example
by Aghion, Philippe & Harris, Christopher & Vickers, John
- 783-796 What makes firms perform well?
by Nickell, Stephen & Nicolitsas, Daphne & Dryden, Neil
- 797-805 Corporate governance, competition policy and industrial policy
by Aghion, Ph. & Dewatripont, M. & Rey, P.
- 807-817 Soft budget constraints and credit crunches in financial transition
by Berglof, Erik & Roland, Gerard
- 819-825 Fiscal imbalances, capital inflows, and the real exchange rate: The case of Turkey
by Agenor, Pierre-Richard & McDermott, C. John & Ucer, Murat
- 827-835 Currency substitution and exchange rate instability: The Turkish case
by Akcay, O. Cevdet & Alper, C. Emre & Karasulu, Meral
- 837-845 Likelihood versus timing of speculative attacks: A case study of Mexico
by Pazarbasioglu, Ceyla & Otker, Inci
- 847-860 Speculative attacks and macroeconomic fundamentals: evidence from some European currencies
by Otker, Inci & Pazarbasioglu, Ceyla
- 861-870 Economic implications for Turkey of a Customs Union with the European Union
by Harrison, Glenn W. & Rutherford, Thomas F. & Tarr, David G.
- 871-880 On Turkey's trade policy: Is a customs union with Europe enough?
by Mercenier, Jean & Yeldan, Erinc
- 881-892 Competitiveness of Turkish SMSEs in the Customs Union
by Erzan, Refik & Filiztekin, Alpay
- 893-903 Value of human capital in transition to market: Evidence from Slovenia
by Orazem, Peter F. & Vodopivec, Milan
- 905-914 Heterogeneous workers, economic transformation and the stagnancy of transitional unemployment
by Boeri, Tito
- 915-923 New jobs, worklessness and households in Poland
by Lehmann, Hartmut & Wadsworth, Jonathan
- 925-934 Unemployment dynamics and the restructuring of the Slovak unemployment benefit system
by Lubyova, Martina & van Ours, Jan
- 935-942 Estimating cost functions in regulated industries characterized by asymmetric information
by Dalen, Dag Morten & Gomez-Lobo, Andres
- 943-950 Empirical contract theory: The case of insurance data
by Chiappori, Pierre-Andre & Salanie, Bernard
- 951-959 Game theory econometric models: application to procurements in the space industry
by Florens, Jean-Pierre & Hugo, Marie-Anne & Richard, Jean-Francois
- 961-970 Multiple-output agency incentives in data production: experimental evidence
by Philipson, Tomas & Lawless, Thomas
- 971-973 Annual report 1996
by Barten, Anton P.
February 1997, Volume 41, Issue 2
- 187-205 Technological change, relative wages, and unemployment
by Agenor, Pierre-Richard & Aizenman, Joshua
- 207-225 Asymmetric information as a commitment in oligopoly
by Barros, Fatima
- 227-243 Optimal contract length in a reputational model of monetary policy
by Ellis, Christopher J. & Holden, Steinar
- 245-257 Price adjustment costs and the effect of endogenous technique on price stickiness
by Fluet, Claude & Phaneuf, Louis
- 259-277 Real exchange rate misalignment and redistribution
by Huizinga, Harry
- 279-293 Stabilization
by Roell, Ailsa & Sussman, Oren
- 295-317 Shopping at the labour market: A real tale of fiction
by van Beek, Krijn W. H. & Koopmans, Carl C. & van Praag, Bernard M. S.
- 319-356 International real business cycles among heterogeneous countries
by Zimmermann, Christian
January 1997, Volume 41, Issue 1
- 1-35 Game theory and empirical economics: The case of auction data 1
by Laffont, Jean-Jacques
- 37-59 Intertemporal consumption, durables and liquidity constraints: A cohort analysis
by Alessie, Rob & Devereux, Michael P. & Weber, Guglielmo
- 61-73 Estimating a cointegrating demand system
by Attfield, C. L. F.
- 75-95 On nonparametric demand analysis
by Chavas, Jean-Paul & Cox, Thomas L.
- 97-114 In-kind transfers, self-selection and optimal tax policy
by Cremer, Helmuth & Gahvari, Firouz
- 115-137 Real returns on government debt: A general equilibrium quantitative exploration
by Diaz-Gimenez, Javier & Prescott, Edward C.
- 139-146 Stock markets and development: A re-assessment
by Harris, Richard D. F.
- 147-162 Wages and employment in a repeated game with revenue fluctuations
by Schultz, Christian
- 163-186 Rational fix-price dynamics
by Lensberg, Terje
December 1996, Volume 40, Issue 9
- 1683-1704 Macroeconomic performance and convergence in OECD countries
by Andres, Javier & Domenech, Rafael & Molinas, Cesar
- 1705-1716 Local public expenditure in Sweden a model where the median voter is not necessarily decisive
by Aronsson, Thomas & Wikstrom, Magnus
- 1717-1736 Non-discriminating renegotiation in a competitive insurance market
by Asheim, Geir B. & Nilssen, Tore
- 1737-1743 On the political economy of immigration
by Benhabib, Jess
- 1745-1760 Product quality and the theory of comparative advantage
by Copeland, Brian R. & Kotwal, Ashok
- 1761-1771 Poverty measurement with contaminated data: A robust approach
by Cowell, Frank A. & Victoria-Feser, Maria-Pia
- 1773-1797 Regulating an externality-generating public utility: A multi-dimensional screening approach
by van Egteren, Henry
- 1799-1815 Decreasing absolute prudence: Characterization and applications to second-best risk sharing
by Gollier, Christian
- 1817-1828 Corporate taxation, incumbency advantage and entry
by Appelbaum, Elie & Katz, Eliakim
- 1831-1832 Erratum Regional risksharing European Economic Review 39 (1995) 1545-1567
by van Wincoop, Eric
November 1996, Volume 40, Issue 8
- 1521-1540 Increasing the capital income tax may lead to faster growth
by Uhlig, Harald & Yanagawa, Noriyuki
- 1541-1560 Factor shares in OLG models of growth
by Bertola, Giuseppe
- 1561-1589 Jointly determined saving and fertility behaviour: Theory, and estimates for Germany, Italy, UK and USA
by Cigno, Alessandro & Rosati, Furio C.
- 1591-1603 Insider trading restrictions and the stock market: Evidence from the Amsterdam Stock Exchange
by Kabir, Rezaul & Vermaelen, Theo
- 1605-1627 Trade policy subtleties with multinational firms
by Lopez-de-Silanes, Florencio & Markusen, James R. & Rutherford, Thomas F.
- 1629-1646 Interest rates and fiscal discipline in monetary unions
by Restoy, Fernando
- 1647-1664 Taxes, uncertainty, and long-term growth
by Smith, William T.
- 1665-1682 Labor and credit contracts with asymmetric information and bankruptcy
by Tsoulouhas, Theofanis
August 1996, Volume 40, Issue 7
- 1379-1411 Informational efficiency and welfare in the stock market
by Orosel, Gerhard O.
- 1413-1440 Fiscal policy when monetary policy is tied to the mast
by Agell, Jonas & Calmfors, Lars & Jonsson, Gunnar
- 1441-1451 Rationing of sales and price setting
by Andersen, Torben M.
- 1453-1461 Location in the Hotelling duopoly model with demand uncertainty
by Balvers, Ronald & Szerb, Lazlo
- 1463-1482 Minimum wage unemployment and growth
by Cahuc, Pierre & Michel, Philippe
- 1483-1499 Managerial husbandry and the dynamics of ongoing hierarchies
by Demougin, Dominique & Siow, Aloysius
- 1501-1519 Are the unemployed unemployable?
by Saint-Paul, Gilles
June 1996, Volume 40, Issue 6
- 1203-1228 Income distribution, political instability, and investment
by Alesina, Alberto & Perotti, Roberto
- 1229-1235 Domestic savings, intra-national and intra-European Union capital flows, 1971-1991
by Armstrong, Harvey W. & Balasubramanyam, V. N. & Salisu, Mohammed A.
- 1237-1258 International evidence on the sources of macroeconomic fluctuations
by Bergman, Michael
- 1259-1279 On the persistence of rationing following liberalization: A theory for economies in transition
by Berkowitz, Daniel
- 1281-1303 Deregulation and productivity decline: The case of Spanish bavings banks
by Grifell-Tatje, E. & Lovell, C. A. K.
- 1305-1323 Firm start-up size: A conditional quantile approach
by Mata, Jose & Machado, Jose A. F.
- 1325-1352 Regional cohesion: Evidence and theories of regional growth and convergence
by Sala-i-Martin, Xavier X.
- 1353-1375 Empirics for economic growth and convergence
by Quah, Danny T.
April 1996, Volume 40, Issue 3-5
- 495-510 On the detection of collusion and predation
by Phlips, Louis
- 511-530 Technology and market structure
by Sutton, John
- 531-539 On the heterogeneity of firms
by Roller, Lars-Hendrik & Sinclair-Desgagne, Bernard
- 541-550 The starfish effect: Can market entry by one firm encourage further entry by others?
by Seabright, Paul
- 551-557 What makes firms vulnerable to recessionary pressures?
by Geroski, P. A. & Gregg, P.
- 559-567 Toward a theory of legal reform
by Hay, Jonathan R. & Shleifer, Andrei & Vishny, Robert W.
- 569-579 Incomplete contracts and privatization
by Schmidt, Klaus M.
- 581-588 Exit and voice after mass privatization: The case of Russia
by Frydman, Roman & Pistor, Katharina & Rapaczynski, Andrzej
- 589-601 Social learning and rational expectations
by Vives, Xavier
- 603-615 Rational herding in financial economics
by Devenow, Andrea & Welch, Ivo
- 617-628 What have we learned from social learning?
by Gale, Douglas
- 629-643 Central banks and seigniorage: A study of three economies in transition
by Hochreiter, Eduard & Rovelli, Riccardo & Winckler, Georg
- 645-653 Finance and growth in economies in transition
by Coricelli, Fabrizio
- 655-662 Why East European banks don't want equity
by Dittus, Peter
- 663-671 The economics of orthodox money-based stabilisations (OMBS): The recent experience of Kazakhstan, Russia and the Ukraine
by Bofinger, Peter
- 673-685 The multiprincipal nature of government
by Martimort, David
- 687-695 Hierarchical organization and incentives
by Caillaud, B. & Jullien, B. & Picard, P.
- 697-705 Economic theories of the break-up and integration of nations
by Bolton, Patrick & Roland, Gerard & Spolaore, Enrico
- 707-717 Are legislators ideologues or the agents of constituents?
by Poole, Keith T. & Rosenthal, Howard
- 719-728 Inequality, redistribution and growth: A challenge to the conventional political economy approach
by Paul, Gilles Saint & Verdier, Thierry
- 729-746 Distributive implications of an aging society
by von Weizsacker, Robert K.
- 747-757 Distributive implications of European integration
by Cremer, Helmuth & Pestieau, Pierre
- 759-766 On insider privatization
by Blanchard, O. & Aghion, P.
- 767-774 Second-best economic policy for a divided government
by Boycko, Maxim & Shleifer, Andrei & Vishny, Robert W.
- 775-782 Alternate approaches to the political economy of endogenous trade liberalization
by Baldwin, Robert Edward & Baldwin, Richard Edward
- 783-794 The political economy of trade liberalization in the transition
by Hillman, Arye L. & Ursprung, Heinrich W.
- 795-803 Rent dissipation, free riding, and trade policy
by Grossman, Gene M. & Helpman, Elhanan
- 805-817 Active labor market policies, job matching and the Czech miracle
by Boeri, Tito & Burda, Michael C.
- 819-828 Labour market policy and the unemployed in Hungary
by Micklewright, John & Nagy, Gyula
- 829-837 Incidence and duration of unemployment in Romania
by Earle, John S. & Pauna, Catalin
- 839-845 Unemployment in dynamic general equilibrium economies
by Gali, Jordi
- 847-859 Liquidity models in open economies: Theory and empirical evidence
by Grilli, Vittorio & Roubini, Nouriel
- 861-869 Sectoral Solow residuals
by Burnside, A. Craig & Eichenbaum, Martin S. & Rebelo, Sergio T.
- 871-881 Strategic analysis of contingent claims
by Anderson, Ronald W. & Sundaresan, Suresh & Tychon, Pierre
- 883-896 Financial market-product market interactions in industry equilibrium: Implications for information acquisition decisions
by Zechner, Josef
- 897-907 Creditor races and contingent claims
by Lambrecht, Bart & Perraudin, William
- 909-921 Output price, markups, and producer size
by Roberts, Mark J. & Supina, Dylan
- 923-932 Retail contracting and costly monitoring: Theory and evidence
by Lafontaine, Francine & Slade, Margaret E.
- 933-940 Rent sharing in the European airline industry
by Neven, Damien J. & Roller, Lars-Hendrik
- 941-949 Economic integration, intraindustry trade, and frontier regions
by Hanson, Gordon H.
- 951-958 Regional convergence clusters across Europe
by Quah, Danny T.
- 959-967 Integration, specialization, and adjustment
by Krugman, Paul & Venables, Anthony J.
- 969-977 The growth of law and economics in Europe
by Van den Bergh, Roger
- 979-987 The policy of deregulation in The Netherlands
by den Hertog, Johan
- 989-998 The relevance of law and economics for the development of judge made rules: Examples from German case-law
by Schafer, Hans-Bernd
- 999-1006 The debate on the scientific status of law & economics
by De Geest, Gerrit
- 1007-1021 The exchange rate in a model of pricing-to-market
by Betts, Caroline & Devereux, Michael B.
- 1023-1035 Fixed exchange rates: Credibility, flexibility and multiplicity
by Velasco, Andres
- 1037-1047 Models of currency crises with self-fulfilling features
by Obstfeld, Maurice
- 1049-1056 Corporate control and the market for managerial labour: On the decision to go public
by Maug, Ernst
- 1057-1069 The stock market as a source of capital: Some lessons from initial public offerings in Italy
by Pagano, Marco & Panetta, Fabio & Zingales, Luigi
- 1071-1081 The decision to go public: An overview
by Roell, Ailsa
- 1083-1090 European monetary integration
by Goodhart, Charles
- 1091-1101 Monetary union and convergence economics
by De Grauwe, Paul
- 1103-1109 European monetary integration: A narrow or a wide EMU?
by Vinals, Jose
- 1111-1121 The limits of competition: Housing insurance in Switzerland
by von Ungern-Sternberg, Thomas
- 1123-1131 The transition from monopoly to competition: The case of housing insurance in Baden-Wurttemberg
by Epple, Karl & Schafer, Reinhard
- 1133-1141 Fire insurance in Germany: A comparison of price-performance between state monopolies and competitive regions
by Felder, Stefan
- 1143-1144 Proceedings 1995 : Minutes of General Assembly 3 September 1995, Congress Palace, Vysehrad, Prague
by Rochet, Jean-Charles