1. Do IMF and IBRD Cause Moral Hazard and Political Business Cycles? Evidence from Panel Data

   • Axel Dreher
   • Roland Vaubel

   OriginalPaper Pages: 5 - 22

2. The Role of the Exchange Rate as a Shock Absorber in a Small Open Economy

   • Hilde C. Bjørnland

   OriginalPaper Pages: 23 - 43

3. The Balassa-Samuelson Hypothesis and Oil Price Shocks in a Small Open Economy: Evidence from Cyprus

   • Charalambos Pattichis
   • Mona Kanaan

   OriginalPaper Pages: 45 - 56

4. The Optimal Enforcement of a Finance-Constrained Immigration Law

   • Chisato Yoshida

   OriginalPaper Pages: 57 - 62

5. The European Periphery in the Era of the Gold Standard: The Case of the Spanish Peseta and the Pound Sterling from 1883 to 1931

   • María Dolores Gadea
   • Marcela Sabaté

   OriginalPaper Pages: 63 - 85

6. Welfare Implications of RTAs Within the WTO System in the Presence of FDI

   • Jung Hur
   • Donghyun Park

   OriginalPaper Pages: 87 - 103