This volume is based on papers delivered at the second
CESifo-Delphi Conferences (Munich, November 2003, and Delphi, June
2004), which are jointly organized by CESifo and the Department of
International and European Economic Studies of the Athens
University of Economics and Business. The CESifo-Delphi Conferences
are organized every two years and involve a two-stage process.
Following an initial call for abstracts, a number of authors were
selected and invited to present their papers at a workshop meeting
in Munich. After further refereeing, some of the authors were
invited to present (possibly revised) versions of their papers at
the final conference meeting in Delphi. "Contributions to Economic
Analysis" was established in 1952. The series purpose is to
stimulate the international exchange of scientific information. The
series includes books from all areas of macroeconomics and
microeconomics.
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