Contributions
Aggregate Price Changes and Dispersion: A Comparison of the Equity and Goods and Services Markets
David C. Parsley and Helen A. Popper
Dissemination of Technology in Market and Planned Economies
Maurizio Iacopetta
Interest-Rate Smoothing: Monetary Policy Inertia or Unobserved Variables?
Petra Gerlach-Kristen
Endogenous Distribution, Politics, and the Growth-Equity Tradeoff
Satya P. Das and Chetan Ghate
Tariffs, Entry Regulation and Markups: Country Size Matters
Bernard Hoekman, Hiau Looi Kee, and Marcelo Olarreaga
Schumpeterian Growth, North-South Trade and Wage Rigidity
Wolf-Heimo Grieben
Do Federal Reserve Policy Surprises Reveal Superior Information about the Economy?
Jon Faust, Eric T. Swanson, and Jonathan H. Wright
Bailouts and Bank Runs in a Model of Crony Capitalism
Gianluca Femminis and Luigi Ruggerone
Multiple Equilibria in Heterogeneous Expectations Models
William Branch and Bruce McGough