Economic Policy 68

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. Fiscal policy, pricing frictions and monetary accommodation (Fabio Canova and Evi Pappa) 2. Assessing the fiscal stance in the European Union and the United States, 1970 2011 (Vito Polito and Michael Wickens) 3. What should fiscal councils do? (Lars Calmfors and Simon Wren-Lewis) 4. Short-time work benefits revisited: some lessons from the Great Recession (Tito Boeri and Herbert Bruecker)