ARTICLES

John Y. Campbell and Sydney Ludvigson, "Elasticities of Substitution in Real Business Cycle Models with Home Production," pp. 847-875

Tor Einarsson and Milton H. Marquis, "Bank Intermediation over the Business Cycle," pp. 876-899

Robert DeYoung, Mark J. Flannery, William W Lang, and Sorin M. Sorescu, "The Information Content of Bank Exam Ratings and Subordinated Debt Prices," pp. 900-925

Yener Altunbas, Lynne Evans, and Philip Molyneux, "Bank Ownership and Efficiency," pp. 926-954

Paul Bennett, Richard Peach, and Stavros Peristiani, "Structural Change in the Mortgage Market and the Propensity to Refinance," pp. 955-975

David C. Parsley and Helen A. Popper, "Official Exchange Rate Arrangements and Real Exchange Rate Behavior," pp. 976-993

Oistein Roisland, "Institutional Arrangements for Monetary Policy When Output Is Persistent," pp. 994-1014

Leo Van Hove, "Optimal Denominations for Coins and Bank Notes: In Defense of the Principle of Least Effort," pp. 1015-1021

ANNUAL INDEX