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Volume 18, Number 37, October 2003

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Editors’ introduction
pp. 309-314(6)

The currency union effect on trade: early evidence from EMU
pp. 315-356(42)
Authors: Micco A.; Stein E.; Ordoñez G.

Divergent inflation rates in EMU
pp. 357-394(38)
Authors: Honohan P.; Lane P.R.

The execution of monetary policy: a tale of two central banks
pp. 435-467(33)
Authors: Bartolini L.; Prati A.

Monetary transmission in the euro area: early evidence
pp. 469-501(33)
Authors: Angeloni I.; Ehrmann M.

Yield spreads on EMU government bonds
pp. 503-532(30)
Authors: Codogno L.; Favero C.; Missale A.

Fiscal policy and monetary integration in Europe
pp. 533-572(40)
Authors: Galí J.; Perotti R.

Life on the outside: economic conditions and prospects outside euroland
pp. 573-613(41)
Authors: Barr D.; Breedon F.; Miles D.

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