The Managing Editors of Economic Policy: Richard Edward Baldwin is Professor of International Economics at the Graduate Institute of International Studies, Geneva. Giuseppe Bertola is Professore Ordinario di Economica Politica, Facolta di Scienze Politiche, Universita di Torino. Paul Seabright is Professor of Economics at Universite des Sciences Sociales de Toulouse, a Director of Research at the Institut d'Economie Industrielle and a Research Fellow at CEPR. The Senior Editors of Economic Policy: Georges de Menil works at the Delta Ens, France. Richard Portes lectures in the Department of Economics, London Business School. Hans-Werner Sinn is based at the Centre for Economic Studies, University of Munich.

• Editors' Introduction. 1. Marketization of Household Production and the EU-US Gap in Work: Richard B. Freeman and Ronald Schettkat. 2. Determinants and Effects of Foreign Direct Investment: Evidence From German Firm-Level Data: Claudia M. Buch, Jorn Kleinert, Alexander Lipponer and Farid Toubal. 3. Television in a Digital Age: What Role for Public Service Broudcasting?: Shaun P. Hargreaves Heap. 4. The Transition to Digital Television: Jerome Adda and Marco Ottaviani.