Table of Contents:
  • Economic performance and stabilization policy in a monetary union with imperfect labor and goods' markets / Fabrizio Coricelli, Alex Cukierman, and Alberto Dalmazzo ; Discussant: Erkki Koskela
  • Asymmetric transmission of monetary policy: what should the ECB do if one size does not fit all? / Daniel Gros and Carsten Hefeker ; Discussant: Jørgen Elmeskov
  • Is the ECB too decentralized? / Jakob de Haan, Helge Berger, and Robert Inklaar ; Discussant: Mika Widgrén
  • Fiscal aspects of Central Bank independence / Christopher A. Sims ; Discussant: Svend E. Hougarrd Jensen
  • Seignorage wealth in the Eurosystem: eurowinners and eurolosers revisited / Hans-Werner Sinn and Holger Feist ; Discussant: Jouko Vilmunen
  • Financial fragility, bubbles, and monetary policy / Gerhard Illing ; Discussant: Phillippe Bacchetta.