p.1

Corporate Governance
Jean Tirole

p.37

Efficiency of Large Private Value Auctions
Jeroen M. Swinkels

p.69

Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
John H. Cochrane

p.117

Nonlinear Regressions with Integrated Time Series
Joon Y. Park
Peter C. B. Phillips

p.163

Fast Equilibrium Selection by Rational Players Living in a Changing World
Krzysztof Burdzy
David M. Frankel
Ady Pauzner

p.191

A Folk Theorem for Asynchronously Repeated Games
Kiho Yoon

p.201

Identification and Estimation of Treatment Effects with a Regression-Discontinuity Design
Jinyong Hahn
Petra Todd
Wilbert Van der Klaauw

p.211

The Asymptotic Distribution of Unit Root Tests of Unstable Autoregressive Processes
Bent Nielsen

p.221

Constructing Instruments for Regressions with Measurement Error When No Additional Data Are Available: Comment
Timothy Erickson

p.223

Announcements

p.231

News Notes

p.235

Report of the Secretary

p.245

Report of the Treasurer

p.253

Report of the Editors 1999-2000

p.256

Econometrica Referees July 1999-June 2000

p.263

Submission of Manuscripts To the Econometric Society Monograph Series