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13Earlier publications in this series as from January 2000 No. 43/2000 H.M.M. Peeters Achieving Price Stability in the Euro Zone: Monetary or Inflation Targeting? No. 44/2000 W. Bolt and P.J.A. van Els Output Gap and Inflation in the EU No. 45/2000 P.J.G. Vlaar Currency Crisis Models for Emerging Markets No. 46/2000 W.J. Jansen The Effects of Capital Inflows in Thailand, 1980-96 Overview of papers presented at the conference on Regulation and Stability in the Banking Sector, held at De Nederlandsche Bank, Amsterdam, 3-5 November 1999 (Nos. 47-51) No. 47/2000 X. Freixas, B. Parigi and J.C. Rochet Systemic Risk, Interbank Relations and Liquidity Provision by the Central Bank No. 48/2000 G.G. Kaufman Banking and Currency Crises and Systemic Risk: A Taxonomy and Review No. 49/2000 X. Freixas Optimal Bail Out Policy, Conditionality and Constructive Ambiguity No. 50/2000 A.W.A. Boot, S. Dezelan and T.T. Milbourn Regulation and the Evolution of the Financial Services Industry No. 51/2000 D.T. Llewellyn Some Lessons for Bank Regulation from Recent Crises No. 52/2000 A.M.C. van der Zwet and J. Swank Financial Fragility and Macroeconomic Performance A Comparison of Emerging and Highly Developed Countries No. 53/2000 S. Sgherri Monetary Transmission Channels, Monetary Regimes and Consumption Behaviour No. 54/2000 C.K. Folkertsma Liquidity Effects and Welfare Costs of Inflation in an Endogenous Growth Model No. 55/2000 J.M. Berk Consumers Inflation Expectations and Monetary Policy in Europe No. 56/2000 No. 57/2001 No. 58/2001 No. 59/2001 M.M.G. Fase and W.F.V. Vanthoor K. Hubrich and P.J.G. Vlaar L.W. Punt and M.C.J. van Rooij M. Demertzis and A.J. Huges Hallett The Federal Reserve System Discussed: A comparative analysis Monetary transmission in Germany: Lessons for the euro area The Profit-Structure Relationship and Mergers in the European Banking Industry: an empirical assessment Wage Inflation and the Distribution of Output Gaps in Europe: Insiders vs. Outsiders

13Overview of papers presented at the Conference on Measuring Inflation for Monetary policy Purposes, held at De Nederlandsche Bank, Amsterdam, 21-23 November 2000 (Nos. 60-67) No. 60/2001 L.J. 09lvarez and M a de los Llanos Matea Underlying Inflation Measures in Spain No. 61/2001 L. Aucremanne The Use of Robust Estimators as Measures of Core Inflation No. 62/2001 No. 63/2001 M.F. Bryan, S.G. Cecchetti and R. OSullivan C.K. Folkertsma and K. Hubrich Asset Prices in the Measurement of Inflation Performance of Core Inflation Measures No. 64/2001 H. Genberg Asset Prices, Monetary Policy and Macroeconomic Stability No. 65/2001 Ch. Goodhart What Weight Should be Given to Asset Prices in the Measurement of Inflation? No.66/2001 No. 67/2001 C.R. Marques, P.D. Neves, and L.M. Sarmento M. Nessn and U. S02derstr02m Evaluating Core Inflation Indicators Core Inflation and Monetary Policy No. 68/2001 J.A. Bikker and K. Haaf Competition, Concentration and their Relationship: an Empirical Analysis of the Banking Industry No. 69/2001 P.A.D. Cavelaars Monetary Policy and Competition Policy in a Two- Country, Two-Sector Model No. 70/2001 W. Bolt and A.F. Tieman Banking Competition, Risk and Regulation No. 71/2001 C.K. Folkertsma The Euro and Psychological Prices: Simulations of the Worst-Case Scenario No. 72/2001 M. Demertzis Central Bank Independence: Low inflation at no cost? A numerical simulations exercise No. 73/2002 L. de Haan The Credit Channel in the Netherlands: Evidence from bank balance sheets No. 74/2002 R.T.F. de Haas Finance, law and growth during transition: a survey Overview of papers presented at the 4th Annual Conference Understanding Exchange Rates held at De Nederlandsche Bank, Amsterdam, 14-16 November 2001 (Nos. 75-82) No. 75/2002 P. Bacchetta and E. van Wincoop A Theory of the Currency Denomination of International Trade

13No. 76/2002 Y. Chen and K. Rogoff Commodity Currencies and Empirical Exchange Rate Puzzles No. 77/2002 M.B. Devereux and Ch. Engel Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect No. 78/2002 P. de Grauwe and I. Vansteenkiste No. 79/2002 H. Hau, W. Killeen and M. Moore Exchange Rates and Fundamentals a Non-Linear Relationship? How has the Euro Changed the Foreign Exchange Market? No. 80/2002 Ph.R. Lane and G.M.Milesi-Ferretti External Wealth, the Trade Balance, and the Real Exchange Rate No. 81/2002 R. MacDonald and L. Ricci PPP and the Balassa Samuelson Effect: The Role of the Distribution Sector No. 82/2002 P.J.G. Vlaar On the Strength of the US Dollar: Can it be Explained by Output Growth?

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