Volume 48
May/June 2013 · Number 3

Editorial

• The Cypriot Precedent

  Diego Valiante

Forum

• The Regulation of Water Services in the EU

  Monica Alessi, Ralf Boscheck, Martin Cave, Judith C. Clifton, Christoph Czichy, Daniel Diaz-Fuentes, Mark Oelmann, Sébastian Treyer, Janet Wright

Articles

• The Adjustment Mechanism in the Euro Area

  Pietro Biroli, Gilles Mourre, Alessandro Turrini

• Designing a European Restructuring Mechanism Without Taxpayers’ Money

  Armin Steinbach, Rainer Stollhoff

• Reservations on the Use of Event Studies to Evaluate Economic Policy

  Maryam H.A. Beigi, Oliver Budzinski

• The New EU Countries and Euro Adoption

  Hubert Gabrisch, Martina Kämpfe

• Exchange Rate Pass-through Under Inflation Targeting in Transition Economies

  Marjan Petreski

Letter from America

• The Economic Consequences of the Proposed Immigration Reform

  Giovanni Peri