February 2001

ARTICLES

Charles Engel and John H. Rogers, "Violating the Law of One Price: Should We Make a Federal Case Out of It?" pp. 1-14

Philip Arestis, Panicos O. Demetriades, and Kul B. Luintel, "Financial Development and Economic Growth: The Role of Stock Markets," pp, 16-41

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Peter Clark, Douglas Laxton, and David Rose, "An Evaluation of Alternative Monetary Policy Rules in a Model of Capacity Constraints," pp. 42-64

Takashi Senda, "Assymetric Effects of Money Supply Shocks and Trend Inflation ," pp. 65-89

Mario Henriquen Simonsen and Rubens Penha Cysne, "Welfare Costs of Inflation and Interest-Bearing Money," pp. 90-100

Subal C. Kumbhakar, Ana Lozano-Vivas, C.A. Knox Lovell, and Iftekhar Hasan, "The Effects of Deregulation on the Performance of Financial Institutions: The Case of Spanish Savings Bank," pp. 101-120

Ila M. Semenick Alam, "A Nonparametric Approach for Assessing Productivity Dynamics," pp. 121