VOLUME IX
SPRING 2001

PAPERS
   
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HOW INFORMATIVE ARE FINANCIAL ASSET PRICES IN SPAIN?
 
Francisco Alonso, Juan Ayuso and Jorge Martínez-Pagés
   
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FORECASTING VOLATILITY AND OPTIONS PRICES IN THE IBEX-35
Pilar Corredor and Rafael Santamaría
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STRATEGIC AND EFFICIENCY MOTIVES IN THE HIRING OF MANAGEMENT
Juan Carlos Bárcena-Ruiz and María Begoña Garzón
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LIBERALISATION, EFFICIENCY AND TECHNICAL CHANGE IN TELECOMUNICATIONS
Cipriano Quirós and Andrés J. Picazo
 
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DETERMINANTS OF LOCAL PUBLIC SPENDING: SPENDING REQUIREMENTS OR FISCAL CAPACITY?.
 
Albert Solé
   
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THE REFORM OF THE SPANISH LABOUR MARKET: AN OVERVIEW
 
Julio Segura
   
NOTES
   
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PROFITABILITY, MARKET STRUCTURE AND EFFICIENCY IN THE BANKING SECTOR
 
Joaquín Maudos
 
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OFF-BALANCE SHEET ACTIVITIES IN THE SPANISH BANKING SYSTEM
  Juan Fernández de Guevara