May 2001

ARTICLES

Richard Grossman, "Double Liability and Bank Risk Taking," pp. 143-159

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William Easterly and Stanley Fischer, "Inflation and the Poor," pp. 160-178

Roel M.W.J. Beetsma and A. Lans Bovenberg, "The Optimality of a Monetary Union without a Fiscal Union," pp. 179-204

Charles W. Bischoff and Halefom Belay, "The Problem of Identification of the Money Demand Function," pp. 205-215

David B. Humphrey, Moshe Kim, and Bent Vale, "Realizing the Gains from Electronic Payments: Costs, Pricing, and Payment Choice, pp. 216-234

Paul Newbold, Stephen J. Leybourne, Robert Sollis, and Mark E. Wohar, "U.S. and U.K. Interest Rates, 1890-1934: New Evidence on Structural Breaks," pp. 235-250

Yangru Wu and Junxi Zhang, "The Effects of Inflation on the Number of Firms and Firm Size," pp. 251-271

Donald L. Schunk, "The Relative Forecasting Performance of the Divisia and Simple Sum Monetary Aggregates," pp. 272-283

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Liutang Gong and Heng-fu Zou, "Money, Social Status, and Capital Accumulation in a Cash Advance Model," pp. 284-293

George Selgin, "In-Concert Overexpansion and the Precautionary Demand for Bank Reserves," pp. 294