Economic Policy is written for all those with an informed interest in economic policy problems. All articles are submitted to rigorous scrutiny by a panel of distinguished economists from around the world, resulting in a volume of authoritative and accessible articles, each followed by the comments of panel members. Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early. Papers are specially commissioned from first-class economists and experts in the policy field. The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists. This unique approach guarantees incisive debate and alternative interpretations of the evidence.