Kornai János: “Hardening of the Budget Constraint: The Experience of the Post-socialist Countries.” European Economic Review, 2001, Vol. 45., No. 9. pp. 1573-1600. Original: 6.54, in English: 1996.

Editors: Jordi Gáli Jörn-Steffen Pischke Klaus Schmidt Harald Uhlig Xavier Vives Volume 45, No. 9 October 2001 ISSN 0014-2921 CONTENTS J. Kornai, Hardening the budget constraint: The experience of the post-socialist countries 1573 E.C. Perotti and S. Geifer, Red barons or robber barons? Governance and investment in Russian financial-industrial groups 1601 R.K. Filer and J. Hanousek, Informational content of prices set using excess demand: The natural experiment of Czech voucher privatization 1619 M. Alexeev and J. Leitzel, Income distribution and price controls: Targeting a social safety net during economic transition 1647 J. Rangvid and C. Sorensen, Determinants of the implied shadow exchange rates from a target zone 1665 P. Dolan and A. Robinson, The measurement of preferences over the distribution of benefits: The importance of the reference point 1697 I. Dasgupta, Gender-biased redistribution and intra-household distribution 1711 T. Grandner, Unions in oligopolistic, vertically connected industries 1723 D. Demougin and C. Fluet, Monitoring versus incentives 1741 N. Garoupa, Optimal magnitude and probability of fines 1765 G. Chemla and A. Faure-Grimaud, Dynamic adverse selection and debt 1773 CONTENTS This journal is part of ContentsDirect, the free alerting service which sends tables of contents by e-mail for Elsevier Science books and journals. You can register for contentsDirect online at: www.elsevier.com/ locate/ contentsdirect EUROPEAN ECONOMIC REVIEW North-Holland

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