KONSTANTIN BALTZ University of Konstanz, Germany CARL-JOHAN BELFRAGE Lund University, Sweden MORTEN BENNEDSEN Copenhagen Business School, CEBR and CIE, Denmark DANIEL BROU - MICHELE RUTA Columbia University, New York, USA LUCA DE BENEDICTIS Macerata University, Italy DANIELA FEDERICI Cassino University, Italy EMMA GALLI Rome University 'La Sapienza', Italy JULIEN A. HANOTEAU Groupe d'Economie Mondiale, Institut d'Etudes Politiques, Paris, France ISABELLA IMPERATO Ministero dell'Economia e delle Finanze, Rome, Italy STEFANO MANZOCCHI Perugia University, Italy WOLFGANG MAYER University of Cincinnati, Ohio, USA SUDESH MUJUMDAR University of Southern Indiana, Evansville, Indiana, USA PIER CARLO PADOAN IMF, Washington and Rome University 'La Sapienza', Italy PAOLA PROFETA Pavia University and Bocconi University of Milan, Italy RICCARDO PUGSLI London School of Economics and Pavia University, Italy ROBERTO RICCIUTI Siena University, Italy FREDERIC ROBERT-NICOUD Genoa University, Italy FRIEDRICH SCHNEIDER Johannes Kepler University of Linz, Austria GERALD SCHNEIDER University of Konstanz, Germany CECILIA TESTA Royal Holloway University of London, UK HEINRICH W. URSPRUNG University of Konstanz, Germany