1. Optimal Contracts for Central Bankers: Inflation versus Money Supply and Exchange Rate Targets

   • Ugo Panizza

   OriginalPaper Pages: 5 - 29

2. Central Bank Autonomy, the Exchange Rate Constraint and Inflation: The Case of Italy, 1970–1992

   • Giuseppe Tullio
   • Marcio Ronci

   OriginalPaper Pages: 31 - 49

3. Currency Areas and Equilibrium

   • Filippo Cesarano

   OriginalPaper Pages: 51 - 59

4. Joint-Product Export Smuggling and Export Tax Policy

   • Scott W. Fausti

   OriginalPaper Pages: 51 - 69

5. European Monetary Unification: Implications of Research for Policy, Implications of Policy for Research

   • Tamim Bayoumi
   • Barry Eichengreen
   • Jürgen von Hagen

   OriginalPaper Pages: 71 - 90