About the Author: The Managing Editors of Economic Policy Nicola Fuchs-Schündeln is Professor for Macroeconomics and Development at Goethe University, Frankfurt. Refet Gürkaynak is Associate Professor of Economics at Bilkent University, Ankara and a research fellow of the Centre for Economic Policy Research 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. 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.