BLDRS Europe 100 ADR Index Fund (the Fund) is a unit investment trust designed to provide investment results that correspond generally to the price and yield performance of the publicly traded depositary receipts comprising The Bank of New York Europe 100 ADR Index. As of September 30, 2006, The BNY Europe 100 ADR Index included 100 component depositary receipts representing the securities issued by 100 of the most actively traded companies from the European market having a free-float market capitalization ranging from $5 billion to over $260 billion. ...
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Berkeley professor and economist Barry Eichengreen reconciles the nominal and real interest rates to argue in favor of greater fiscal deficits. French econo
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