This paper analyses an episode in the development of management information systems in NHS hospitals in the UK. These systems (called Resource Management Systems) are designed to reveal the costs of medical activity, and thus open up new scope for management of that activity. The paper accepts...

This paper highlights the factors that limit or increase cyclical divergence in the euro area and reviews one policy area that is important in fostering a speedy adjustment to shocks: the transmission of monetary policy via the housing market. A high interest rate sensitivity of housing markets...