BAS VAN AARLE Faculty of Economics and Applied Economics, Catholic University of Leuven, Belgium JACQUES ANAS Centre d' Observation Economique, France TOICHIRO ASADA Faculty of Economics, Chuo University, Japan ROBERTO ASTOLFI Direzione Centrale della Contabilita Nazionale, ISTAT, Italy MICHAEL U. BERGMAN Department of Economics, University of Copenhagen, Denmark MONICA BILLIO Dipartimento di Economia, Universita di Venezia, Italy MAURIZIO BOVI Institute for Studies and Economic Analyses, ISAE, Italy ROBERTO CASARIN Dipartimento di Economia, Universita di Venezia, Italy NUNO CASSOLA Directorate General Economics, European Central Bank, Germany JOSE LUIS CEDEJAS BUENO Departamento de Analisis Economico, Universidad Autonoma de Madrid, Spain MARCO CENTONI Dipartimento SEGeS, Universita del Molise, Italy CARL CHIARELLA School of Finance and Economics, University of Technology Sydney, Australia MARCO CRIVELLINI Dipartimento di Economia, Universita Politecnica delle Marche, Italy GIANLUCA CUBADDA Dipartimento SEFEMEQ, Universita di Roma,Tor Vergata, Italy HERMAN K. VAN DIJK Econometric Institute, Erasmus University, The Netherlands JUAN DEL HOYO BERNAT Departamento de Analisis Economico, Universidad Autonoma de Madrid, Spain ANTONI ESPASA Departamento de Metodos Cuantitativos para la Economia, Universidad San Pablo-CEU and Univ. Carlos III, Spain LAURENT FERRARA Centre d' Observation Economique, France GEBHARD FLAIG Department of Business Cycle Analyses and Financial Markets, Ifo Institute for Economic Research, Germany PETER FLASCHEL Department of Economics, Bielefeld University, Germany REINER FRANKE Technische Universitat Wien, Austria FEDERICO GALIZIA European Investment Bank, Luxembourg MARCO GALLEGATI Dipartimento di Economia, Universita Politecnica delle Marche, Italy MAURO GALLEGATI Dipartimento di Economia, Universita Politecnica delle Marche, Italy HARRY GARRETSEN Utrecht School of Economics, Utrecht University, The Netherlands NIKO GOBBIN Department of Economics, Universiteit Gent, Belgium DOMINIQUE GUEGAN Departement d.Economie et Gestion, MORA-CNRS, France JESPER HANSSON Institute of Economics, University of Copenhagen, Denmark ANDREW C. HARVEY Department of Economics and Politics, University of Cambridge, UK ALAIN HECQ Department of Quantitative Economics, Universiteit Maastricht, The Netherlands GOERAN HJELM National Institute of Economic Research, Sweden PER JANSSON Deputy Head, Monetary Policy Department, Sveriges Riksbank, Sweden MATTHIEU LEMOINE Observatoire Francais des Conjonctures Economiques, France MARCO LO DUCA GRETA Associati, Italy MARTEN LOEF National Institute of Economic Research, Sweden CAMILLE LOGEAY Institut fur Makrooekonomie und Konjunkturforschung (IMK), Germany MARCO MARINI Direzione Centrale della Contabilita Nazionale, ISTAT, Italy ANTONIO MATAS-MIR Directorate General Statistics, European Central Bank, Germany ROMAN MINGUEZ Departamento de Metodos