INDEX TO VOLUME 48 Articles Page Borooah, V. K. How Do Employees of Ethnic Origin Fare on the Occupational Ladder in Britain? Driver, C. and Meade, N. Persistence of Capacity Shortage and the Role of Adjustment Costs Ioannidis, C., Silver, M. and Webb, B. Estimating Quality-Adjusted Price Changes: Method and Application to VCRS Holly. S. and Turner, P. Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK Hart, P. E. and Oulton, N. Galtonian Regression, Company Age and Job Generation 1986—95 Roper, S. and Hewitt-Dundas, N. Grant Assistance and Small Firm Development in Northern Ireland and the Republic of Ireland Girma, S., Greenaway, D. and Wakelin, K. Who Benefits from Foreign Direct Investment in the UK? Hubert, F. and Pain, N. Inward Investment and Technical Progress in the United Kingdom Manufacturing Sector Datta, B. and Dixon, H. w — Homothetic Preferences: Theory and Applications McCormick, B. and Wahba, J. Overseas Work Experience, Savings and Entrepreneurship Amongst Return Migrants to LDCS Birchenhall, C. R., Osborn, D. R. and Sensier, M. Predicting UK Business Cycle Regimes Redding, L. and Farugee, H. Asset Markets and Endogenous Liquidity Cavallari, L. Inflation and Openness with Non-Atomistic Wage Setters Bulli, S. Distribution Dynamics and Cross-Country Convergence: A New Approach Andrianova, S. Corruption and Reputation Greenhalgh, C.. Longland, M. and Bosworth, D. Technological Activity and Employment in a Panel of UK Firms Ward, M. E. Gender and Promotion in the Academic Profession Menichini, A. The Role of Bargaining Initiative Under No Commitment to Audit Carmignani, F. Cabinet Formation in Coalition Systems Saltari, E. and Travaglini, G. Financial Constraints and Investment Decisions Morita, H. Partial Ownership Induces Customised Investments Under Repeated Interaction: An Explanation of Japanese Manufacturer—Suppliers Relationships Temple, P., Urga, G. and Driver, C. The Influence of Uncertainty on Investment in the UK: A Macro or Micro Phenomenon? Asteriou, D. and Price, S. Political Instability and Economic Growth UK Time Series Evidence Lucchetti, R., Papi, L. and Zazzaro, A. Banks’ Inefficiency and Economic Growth: A Micro-Macro Approach O’Brien, D. P. Bagehot’s Lombard Street and Microeconomic Stabilisation Tronzano, M. Macroeconomic Fundamentals and Exchange Rate Credibility Further Evidence on the Italian Experience from a Regime-Switching Approach Picard, P. M. and Toulemonde, E. On the Equivalence of Taxes Paid by Employers And Employees Helm, D. Royal Bank of Scotland/Scottish Economic Society Seventh Annual Lecture. Making Britain More Competitive: A Critique of Regulation and Competition Policy Andrews, M. J. and Simmons, R. Friday May Never be the Same Again: Some Results on Work-Sharing from Union—Firm Bargaining Models Dur, R. A. J. Wage-Setting Institutions, Unemployment, and Voters’ Demand for Redistribution Policy McDonald, I. M. and Sibly, H. How Monetary Policy can have Permanent Real Effects with Only Temporary Nominal Rigidity Maria Caporale, G. and Howells, P. Money, Credit and Spending: Drawing Causal Inferences Gylfason, T. Nature, Power, and Growth Ho, T-w. Consumption and Government Spending Substitutability Revisited: Evidence from Taiwan