As always, many thanks for your great job. I appreciate your answer to my question about capitalization. It has been bugging me for a while.<br /><br />One thing skipped out of my mind. I wanted to ask your opinion about one rewritten piece. You mentioned it's hard to follow and this is what I have now:<br /><br />&ldquo;Productive Public Goods, Fiscal Integration, and Transfer Rules,&rdquo; another current project, studies the following research question: In a fiscal union, of which member economies are asymmetric, <strong>what form should the transfers aimed to improve interregional risk sharing take?</strong> Also, I explore the optimal degree of centralization in the union. &nbsp;<br /><br />I am still not sure if the bold portion is clear. Here is another version:<br />&ldquo;Productive Public Goods, Fiscal Integration, and Transfer Rules,&rdquo; another current project, studies the following research question: What form should the transfers aimed to improve interregional-risk-sharing take in a fiscal union, of which member economies are asymmetric?&nbsp;Also, I explore the optimal degree of centralization in the union. &nbsp;<br /><br />Which version would you suggest using? If this is a kind of question you'd rather have me submit as a document for editing, let me know.<br /><br />Thanks,<br />V