1. Asymmetric Effect of Currency Union for Developing Countries

   • Ayako Saiki

   OriginalPaper Pages: 227 - 247

2. International R&D Spillovers Revisited

   • Gwanghoon Lee

   OriginalPaper Pages: 249 - 262

3. Limited Reserves and the Optimal Width of an Exchange Rate Target Zone

   • Simon Broome

   OriginalPaper Pages: 263 - 281

4. Exchange Rate Disconnect in a Standard Open-Economy Macro Model

   • Bernd Kempa

   OriginalPaper Pages: 283 - 293

5. The Policy Challenge with Floating Exchange Rates: Turkey’s Recent Experience

   • Faruk Selçuk

   OriginalPaper Pages: 295 - 312