Economic Policy 66

The Managing Editors of Economic Policy: Tullio Jappelli is CSEF Director and Professor of Economics at the University of Naples Federico II. Philip Lane is Professor of International Macroeconomics at Trinity College Dublin. Philippe Martin is Professor at the Universite Paris-1 Pantheon Sorbonne and CERASENPC and a Research Fellow at CEPR. Jan van Ours is Professor of Economics at Tilburg University and Professorial Fellow at Melbourne University. 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. The Bank Lending Channel: Lessons From The Crisis (Leonardo Gambacorta and David Marques-Ibanez) 2. Lessons From A Collapse Of A Financial System (Sigridur Benediktsdottir, Jon Danielsson and Gylfi Zoega) 3. Monetary Policy And The Global Housing Bubble (Jane Dokko, Brian M. Doyle, Michael T. Kiley, Jinill Kim, Shane Sherlund, Jae Sim and Skander Van Den Heuvel) 4. The Great Retrenchment: International Capital Flows During The Global Financial Crisis (Gian-Maria Milesi-Ferretti and Cedric Tille)