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Economic Policy is the premier European review of analysis of economic affairs. It is written by leading economists for all those with an informed interest in policy problems in a readable and non-technical format. All articles published have been submitted to rigorous scrutiny by a Panel of distinguished economists from around the world. The result is a volume of authoritative and accessible articles, each followed by the comments of panel members.
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Issue 24 includes: an arbitrage-based test of target zone credibility based on evidence from ERM cross-rate options; a detailed analysis of the costs and benefits of the EU's enlargement to the East; an evaluation of an alternative, narrow band based on a moving average of the exchange rate following the EMS crisis of 1992-3; an explanation of why French unemployment is so different from that in the United States; and an assessment of corporate governance in Europe: its performance and links with financial market regulation.
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