Foreword / Esther L. George -- Introduction / Jonathan L. Willis -- The moderators - James Poterba, Erica L. Groshen -- Customer markets and financial frictions: implications for inflation dynamics / Simon Gilchrist, Egon Zakrajšek -- Commentary / Peter J. Klenow -- The international price...

Preface -- Nonlinear modelling of the relation between financial markets and economic growth in the EU / Lucian-Liviu Albu, Radu Lupu, Adrian Cantemir Calin, Institute for Economic Forecasting, Romanian Academy, Romania -- The eastern and central European financial market reaction to...

The euro monetary union with a flawed conceptual framework / Vítor Bento -- The endogeneity of OCA conditions and macroeconomic imbalances in EMU / Carlos Vieira and Isabel Vieira, Department of Economics, Universidade de Évora and CEFAGE, Évora, Portugal -- Trends in business cycles...