The Dynamic Cost of the Draft



Lawrence M. Kahn, The Impact of Wage-Setting Institutions on the Incidence of Public
Employment in the OECD: 1960-98, July 2002

Sijbren Cnossen, Tax Policy in the European Union, August 2002

Chandima Mendis, External Shocks and Banking Crises in Developing Countries: Does
the Exchange Rate Regime Matter?, August 2002

Bruno S. Frey and Lars P. Feld, Deterrence and Morale in Taxation: An Empirical
Analysis, August 2002

Lars Calmfors and Âsa Johansson, Nominal Wage Flexibility, Wage Indexation and
Monetary Union, August 2002

Alexander R. W. Robson and Stergios Skaperdas, Costly Enforcement of Property
Rights and the Coase Theorem, August 2002

Horst Raff, Preferential Trade Agreements and Tax Competition for Foreign Direct
Investment, August 2002

Alex Cukierman and V. Anton Muscatelli, Do Central Banks have Precautionary
Demands for Expansions and for Price Stability? - Theory and Evidence, August 2002

Giovanni Peri, Knowledge Flows and Knowledge Externalities, August 2002

Daniel Friedman and Nirvikar Singh, Equilibrium Vengeance, August 2002

Sam Bucovetsky and Michael Smart, The Efficiency Consequences of Local Revenue
Equalization: Tax Competition and Tax Distortions, August 2002

Tapio Palokangas, International Labour Market Regulation and Economic Growth with
Creative Destruction, August 2002

Rudi Dornbusch, The New International Architecture, September 2002

Hans-Werner Sinn, Weber’s Law and the Biological Evolution of Risk Preferences: The
Selective Dominance of the Logarithmic Utility Function, September 2002

Thomas Mayer, The Macroeconomic Loss Function: A Critical Note, September 2002

Seppo Honkapohja and Kaushik Mitra, Learning Stability in Economies with

Heterogenous Agents, September 2002

Inflation Targets Versus International Monetary Integration - A Canadian Perspective,
September 2002

Morten I. Lau, Panu Poutvaara, and Andreas Wagener, The Dynamic Cost of the Draft,
September 2002



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