Defence date: 27 November 1995
Examining board: Prof. Fabio Canova, University of Catania and Universidad Pompeu Fabra, Barcelona, Supervisor ; Prof. Tryphon Kollintzas, Athens University of Economics ; Prof. Finn Kydland, University of Texas at Austin ; Prof. Ramon Marimon, E.U.I. ; Prof. Mark Salmon, E.U.I., Supervisor