Eds. Marco Buti...[et al]. CONTENTS: List of figures List of tables List of boxes List of contributors Foreword by Joaquin Almunia Ch. 1 The euro: the first decade and beyond by Marco Buti and Servaas Deroose and Vitor Gaspar and Joao Nogueira Martins Pt. I Historical perspective Ch. 2 A long-term perspective on the euro by Michael Bordo and Harold James Ch. 3 Sui generis EMU by Barry Eichengreen Comment 1 Comment on Chapters 2 and 3 by Niels Thygesen Pt. II OCA theory revisited Ch. 4 The OCA theory and the path to EMU by Francesco Paolo Mongelli Ch. 5 A modern reconsideration of the OCA theory by Giancarlo Corsetti Comment 2 Comment on Chapters 4 and 5 by Peter Hoeller Pt. III Monetary policy Ch. 6 ECB credibility and transparency by Petra Geraats Ch. 7 Some observations on the ECB's monetary policy by Manfred J. M. Neumann Comment 3 Comment on Chapters 6 and 7 by Frank Smets Pt. IV Financial markets Ch. 8 The ECB and the bond market by Carlo Favero and Francesco Giavazzi Comment 4 Comment on Chapter 8 by Domenico Giannone and Michele Lenza and Lucrezia Reichlin Ch. 9 Financial market integration under EMU by Tullio Jappeli and Marco Pagano Comment 5 Comment on Chapter 9 by Simon Hayes More...