Incluye bibliografías e índice.

Part I: Monetary policy ; 1. The European Central Bank : a view from across the ocean / Stephen G. Cecchetti ; 2. Which measure of inflation should the ECB target? / C. A. Tavero ; 3. An evaluation of alternative targeting rules for the ECB / Pierpaolo Benigno and J. David López-Salido ; 4. Inflation modelling in the euro area / Fabio C. Bagliano, Roberto Golinelli and Claudio Morana -- Part II: Fiscal policies ; 5. The interaction between monetary and fiscal policies in a monetary union : a review of recent literature / Roel Beetsma and Xavier Debrun ; 6. Independent or coordinated? Monetary and fiscal policy in EMU / Luca Lambertini and Riccardo Rovelli ; 7. Interaction of fiscal policies in the euro area : how much pressure on the ECB? / Luca Onorante ; 8. The macroeconomic impact of different speeds of debt stabilisation in EMU / Campbell Leith and Simon Wren-Lewis ; 9. Fiscal shocks and policy regimes in some OECD countries / Giuseppe De Arcangelis and Serena Lamartina ; 10. Monetary and fiscal policy interactions over the cycle : some empirical evidence / V. Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci -- Part III: Labour markets ; 11. Monetary institutions, monetary union and unionized labor markets : some recent developments / Alex Cukierman ; 12. Inflationary performance in a monetary union with large wage setters / Lilia Cavallari ; 13. On the enlargement of currency unions : incentives to join and incentives to reform / Andrew Hughes Hallett and Svend E. Hougaard Jensen.