PRESS RELEASE

Launch of the Occasional Paper series

31 July 2000

The European Central Bank (ECB) launches today the publication of an Occasional Paper series. The Occasional Paper series seeks to present policy-relevant topics to a wide audience, including other policy-makers, academics, the media and the general public. The ECB Occasional Papers will make public material used by the ECB and the Eurosystem. They will always contain work carried out by ECB staff and will be published in the name of the authors. By contrast with the ECB Working Papers, Occasional Papers are not intended to present original contributions to economic theory. Authors may, and often will, use old and new economic theories and empirical methodologies to present their results or to underpin their conclusions.

The first Occasional Paper published by the ECB is:

"The impact of the euro on money and bond markets"

by J. Santillán, M. Bayle and C. Thygesen.

The publication is available on the ECB's website (Occasional Paper series). Copies of the printed version can be ordered free of charge (subject to availability) from the ECB's Press Division (Fax: + 49 69 1344 7404).

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