New Acquisitions - 1995
PAGE 1
UNIVERSITY OF ADELAIDE. Department of Economics.
94-2 Pincus, Jonathan. James Buchanan's federalist papers. 8p.
95-1 Brennan, G. & Pincus, J.J. A minimalist model of federal
grants and flypaper effects. 26p.
95-2 Richardson, Sue. Education and social justice. 27p.
UNIVERSITY OF ADELAIDE. Centre for Int'l. Economic Studies.
9504 Richardson, J. David & Smith, Pamela J. Sectoral growth
across U.S. states: factor content, linkages, and trade.
49p.
9507 Riezman, Raymond C., Summers, Peter M. & Whiteman, Charles
H. The engines of growth in the APEC economies, 1950-1990.
21p.
9506 Yang, Xiaokai & Ng, Siang. Specialization and division of
labor: a survey. 73p.
UNIVERSITY OF ALBERTA. Department of Economics.
95-1 Boothe, P. & Finegan, B.A. Changing the admission process
for elective surgery: an economic analysis. 14p.
9422 Howard, R., Ruggeri, G.C & Van Wart, D. Federal tax changes
and marginal tax rates, 1986 and 1993. 24p.
9423 McMillan, Melville L. Continental economic integration: a
perspective on the relative threat to the Canadian
nation-state. 61p.
9421 Ryan, David L. Income distribution effects in demand
systems. 26p.
95-2 Ryan, David L., Wang, Yu & Plourde, Andre. Asymmetric price
responses of residential energy demand. 46p.
95-7 Buse, A. Testing homogeneity in the linearized almost ideal
demand system. 25p.
95-3 Ruggeri, G.C., Van Wart, D. & Howard, R. Fiscal incidence
as indicator of voters' preferences. 30p.
95-6 Ruggeri, G.C., Van Wart, D. & Howard, R. The government as
Robin Hood: exploring the myth. 211p.
95-5 Ruggeri, G.C. & Hermanutz, D. Leviathan revisited: the
growth of government spending in Canada since 1961. 97p.
95-4 Ruggeri, G.C. & Hermanutz, D. Rethinking our spending
priorities. 30p.
95-9 Landon, Stuart & Smith, Constance E. Quality expectations,
reputation and price. 30p.
95-8 Young, Denise & Ryan, David L. Empirical testing of a
risk-adjusted Hotelling model. 47p.
9511 Arnott, Richard, de Palma, Andre & Lindsey, Robin. Recent
developments in the bottleneck model. 47p.
9510 Landon, Stuart. Institutional structure and education
spending. 35p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9417 Corchon, Luis & Wilkie, Simon. Computers, productivity and
market structure. 20p.
PAGE 2
9416 Corchon, Luis & Gonzalez-Maestre, Miguel. The importance of
fixed costs in the design of trade policies: an exercise in
the theory of second best. 32p.
9415 Herrero, Carmen. Bargaining with reference points:
bargaining with claims: egalitarian solutions reexamined.
24p.
9419 Chattopadhyay, Subir K. Pareto optimal improvements for
sunspots: the golden rule as a target for stabilization.
22p.
9418 Escobedo, M. Isabel & Mauleon, Ignacio. Fiscal policy
restrictions in a monetary system: the case of Spain. 28p.
9504 Alcalde, Jose. Exchange-proofness or divorce-proofness?:
stability in one-sided matching markets. 20p.
9505 Alcalde, Jose. Implementation of stable solutions to
marriage problems. 20p.
9509 Chatterji, Shurojit. Temporary equilibrium dynamics with
Bayesian learning. 16p.
9502 Corchon, Luis & Wilkie, Simon. Implementation of the
Walrasian correspondence by market games. 24p.
9501 Gines, Miguel & Marhuenda, Francisco. Cost monotonic
mechanisms. 28p.
9503 Guillo, Maria D.. Terms-of-trade and the current account: a
two-country/two-sector growth model. 32p.
9506 Herrero, Carmen. Capabilities and utilities. 40p.
9507 Sanchez, M. Carmen. Rational choice on nonfinite sets by
means of expansion-contraction axioms. 28p.
9508 Sanchez, M. Carmen & Peris, Jose E. Veto in fixed agenda
social choice correspondences. 32p.
9514 Baliga, Sandeep, Corchon, Luis & Sjostrom, Tomas. The
theory of implementation when the planner is a player. 39p.
9513 Herrero, Carmen. Bargaining with claims in economic
environments. 28p.
9510 Llinares, Juan-Vincente. Existence of maximal elements in a
binary relation relaxing the convexity condition. 28p.
9515 Marhuenda, Francisco & Ortuno-Ortin, Ignacio. Popular
support for progressive taxation. 11p.
9511 Peris, Jose E. & Subiza, Begona. Three kinds of utility
functions from the measure concept. 24p.
9512 Villar, Antonio. Classical equilibrium with increasing
returns. 40p.
9518 Corchon, Luis C. & Mas-Colell, Andreu. A note on stability
of best reply and gradient systems with applications to
imperfectly competitive models. 16p.
9517 Llinares, Juan-Vincente. Unified treatment of the problem
of existence of maximal elements in binary relations, a
characterization. 40p.
9516 Sirvent, Ramon & Tomas, Josefa. Expanded version of regret
theory: experimental test. 50p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
119 Aguirre, Inaki, Espinosa, Maria P. & Macho-Stadler, Ines.
Strategic entry deterrence through spatial price
discrimination. 27p.
PAGE 3
123 Aubin, Christophe, et al. Real-time pricing of electricity
demand: econometrics of an experiment. 22p.
133 Bajeaux, Isabelle & Rochet, Jean-Charles. Dynamic spanning:
are options an appropriate instrument?. 24p.
134 Caballe, Jordi & Pomansky, Alexey. Mixed risk aversion.
32p.
130 Campos e Cunha, Luis & Santos, Vasco. Sleeping quotas,
pre-emptive quota bidding and monopoly power. 35p.
129 Cremer, Helmuth, De Rycke, Marc & Grimaud, Andre.
Alternative scenarios for the reform of postal services:
optimal pricing and welfare. 26p.
127 Davidson, Rusell & MacKinnon, James G. Graphical methods
for investigating the size and power of hypothesis tests.
23p.
135 Jouvet, Pierre Andre & Soubeyran, Antoine. General
equilibrium and stability of the labour-managed firm in an
overlapping generations model. 7p.
120 Laussel, Didier & Le Breton, Michel. On the tax schedule
Nash equilibria of a fiscal competition game, part 1: the
case of a continuum of investors. 26p.
121 Laussel, Didier & Le Breton, Michel. On the tax schedule
Nash equilibria of a fiscal competition game, part 2: the
large investor's case. 19p.
131 Lismont, Luc & Mongin, Philippe. Belief closure: a
semantics of common knowledge for modal proposition logic.
31p.
126 Macho-Stadler, Ines & Perez-Castrillo, J. David. Optimal
auditing with heterogeneous income sources. 29p.
125 Maskin, Eric & Tirole, Jean. Markov perfect equilibrium.
46p.
122 Nunes, Luis C., Newbold, Paul & Kuan, Chung-Ming.
Consistent estimation of the number of breaks with dependent
errors. 16p.
136 Pastorello, Sergio, Renault, Eric & Touzi, Nizar.
Statistical inference for random variance option pricing.
35p.
132 Ponsati, Clara & Sakovics, Jozsef. Mediation is necessary
for sequentially efficient bargaining. 27p.
128 Ponsati, Clara & Watson, Joel. Multiple issue bargaining
and axiomatic solutions. 29p.
124 Vazquez, Jesus. How high can inflation get during
hyperinflation?: a liquidity costs demand for money
approach. 35p.
105 Azariadis, Costas. The problem of multiple equilibrium.
64p.
106 Bauwens, L. & Lubrano, M. Trends and breaking points of the
Bayesian econometric literature. 35p.
109 d'Aspremont, Claude, Cremer, Jacques & Gerard-Varet,
Louis-Andre. Correlation, independence and Bayesian
implementation. 23p.
107 Moulin, Herve. Cost sharing under increasing returns: a
comparison of simple mechanisms. 31p.
108 Moulin, Herve. Serial cost sharing of excludable public
goods. 37p.
PAGE 4
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
62 Hay, Donald A. & Louri, Helen. Demands for short term
assets and liabilities by U.K. quoted companies. 22p.
61 Pournarakis, Mike. Inward foreign direct investment
activity in the European Union: integrating or
disintegrating effects?. 20p.
63 Andrikopoulos, Andreas A, Prodromidis, Kyprianos P. &
Serletis, Apostolos. Electoral and partisan cycle
regularities: a cointegration test. 23p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
280 Grant, Simon & Quiggin, John. Capital precommitment and
competition in supply schedules. 17p.
279 Grant, Simon & Quiggin, John. The meeting place problem:
salience and search. 24p.
275 Hartley, Peter & Jones, Chris. Asset holdings of
heterogeneous consumers with endogenous time preference.
35p.
281 Hylleberg, S. & Pagan, A.R. Seasonal integration and the
evolving seasonals model. 26p.
278 Junankar, P.N. & Madsen, Jacob B. Unemployment in the OECD:
models, myths and mysteries. 25p.
276 King, Stephen P. Is breaking-up beneficial?: the
implications of divestiture for industry conduct. 27p.
282 Lim, Francis K. On the distribution of lotto. 20p.
277 Pagan, A.R. & Robertson, J.C. Resolving the liquidity
effect. 59p.
285 Aps, P.F. & Rees, R. Household production, the costs of
children and equivalence scales. 30p.
287 Dowrick, Steve & Quiggin, John. True measure of GDP and
convergence: a non-parametric analysis of multilateral
bounds. 32p.
290 Falvey, Rod. Trade liberalization and factor price
convergence. 22p.
291 Jones, Chris & Menezes, Flavio. Auctions and corruption:
how to compensate the auctioneer. 20p.
288 Kline, Jeff & Menezes, Flavio. EPA emission permits
auctions. 16p.
286 Lau, Sau-Him Paul. On the validity and identification of
long run restrictions for a cointegrated system. 12p.
289 Menezes, Flavio & Silva, Emilson C.D. Sustainable clubs
under variable participation. 11p.
284 Pagan, A.R., Hall, A.D. & Martin, V. Modeling the term
structure. 29p.
283 Pagan, A.R. & Robertson, J.C. Structural models of the
liquidity effect. 26p.
BANCO DE ESPANA. Servicio de Estudios.
9427 Bover, Olympia & Arellano, Manuel. Female labour force
participation in the 1980s: the case of Spain. 44p.
PAGE 5
9428 Penalosa, Juan M. The Spanish catching-up process: general
determinants and contributions of the manufacturing
industry. 68p.
9506 Estrada, Angel & Valles, Javier. Investment and financial
costs: Spanish evidence with panel data. 41p.
9504 Mestre, Ricardo. A macroeconomic evaluation of the Spanish
monetary policy transmission mechanism. 42p.
9505 Restoy, Fernando & Revenga, Ana. Optimal exchange rate
flexibility in an economy with intersectoral rigidities and
nontraded goods. 38p.
9422 Vega, Juan Luis. Is the ALP (liquid assets held by the
public) long-run demand function stable?. 27p.
9515 Restoy, Fernando & Weil, Philippe. Approximate equilibrium
asset prices. 29p.
9517 Revenga, Ana L. & Bentolila, Samuel. What affects the
employment rate intensity of growth?. 35p.
9523 Argimon, Isabel, Gonzalez-Paramo, Jose M. & Roldan Alegre,
Jose M. Does public spending crowd out private investment?:
evidence from a panel of 14 OECD countries. 25p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
277 Burguet, Roberto & Sakovics, Jozsef. Reserve prices without
commitment. 17p.
267 Creel, Michael D. A semi-nonparametric distribution free
estimator for binary discrete responses. 36p.
265 Farell, Montserrat. A Fourier cost model for the
deregulated U.S. airlines. 34p.
259 Hamoudi, Hamid. Equilibrium in the circle model with
concave transportation costs. 22p.
269 Sakovics, Jozsef. Mirage equilibria. 25p.
266 Bergantinos, Gustavo & Masso, Jordi. Notes on a new
compromise value: the X-value. 26p.
268 Creel, Michael D. Semi-nonparametric distribution-free
estimator of the probability of employment. 20p.
280 Danielson, John. Multivariate stochastic volatility:
simulated likelihood estimation. 27p.
258 da Rocha Alvarez, Jose M. Horizontal competition in a
regulated market with joint production and adverse
selection. 26p.
278 de la Fuente, Angel & Vives, Xavier. Education,
infrastructure and regional inequality: evidence from Spain
and implications for regional policy. 70p.
270 de la Fuente, Angel. A note on incentives and researcher
productivity in the Spanish public institutions. 11p.
243 Kuhn, Kai-Uwe. Nonlinear pricing in vertically related
duopolies. 35p.
242 Kuhn, Kai-Uwe & Padilla, A. Jorge. Product line decisions
and the Coase conjecture. 34p.
262 Kuhn, Kai-Uwe & Vives, Xavier. Excess entry, vertical
integration, and welfare. 49p.
281 Macho-Stadler, Ines, Perez-Castrillo, David & Ponsati,
Clara. Stable multilateral trade agreements. 29p.
260 Marmol, Francesc. Nonsense regressions between integrated
processes of different orders. 25p.
PAGE 6
263 Petith, Howard C. Natural resources and growth: endogenous
Cobb-Douglas justifies balance theory in the face of highly
regarded elast. 25p.
232 Petith, Howard C. Why land grows more slowly than labour.
26p.
272 Robson, A. & Wooders, M. The growth-maximizing distribution
of income. 31p.
274 Adsera, Alicia & Ray, Debraj. More on history versus
expectations. 8p.
282 Burguet, Roberto & Fernandez, Jorge. A simple model of
development traps with public capital: taxes and external
debt. 23p.
285 Caminal, Ramon. Price advertising and coupons in a monopoly
model. 23p.
279 Page, Frank H. & Wooders, Myrna H. The partnered core of an
economy. 11p.
286 Wooders, Myrna H. Partnership and the commonwealth core.
7p.
284 Cabeza-Gutes, Maite. On the concept of weak sustainability.
20p.
288 de Frutos, M.A. & Masso, J. More on the uniform allocation
rule: equality and consistency. 16p.
289 de Frutos, M.A. & Masso, J. The uniform allocation rule and
the nucleolus. 5p.
287 Macho-Stadler, I. & Perez-Castrillo, D. Random audits in
tax evasion models. 14p.
291 Medrano-Adan, Luis A. Market versus limit orders in an
imperfectly competitive security market. 41p.
257 Bacchetta, Philippe. Regional investment and growth in the
European Community. 53p.
292 Barbera, Salvador. Notes on strategy-proof social choice
functions. 24p.
255 Caminal, Ramon. Financial intermediation and the optimal
tax system. 38p.
256 Caminal, Ramon. Nominal rigidities and market structure:
some macroeconomic implications. 31p.
294 de la Fuente, Angel. The empirics of growth and
convergence: a selective review. 57p.
293 Hamoudi, H. & Jarque, X. Convex and concave transportation
cost in spatial competition. 15p.
290 Macho-Stadler, I. & Perez-Castrillo, D. Optimal auditing
when some individuals are tax-return exempt. 20p.
271 Page, Frank H. & Wooders, Myrna H. Arbitrage in markets
with unbounded short sales: necessary and sufficient
conditions for nonemptiness of the core a. 28p.
261 Perez-Castrillo, J. David & Sandonis, Joel. Disclosure of
know-how in research joint ventures. 30p.
254 Regibeau, Pierre & Rockett, Katharine E. The timing of
product introduction and the credibility of compatibility
decisions. 32p.
295 Bolton, Gary E. & Katok, Elena. An experimental test of the
crowding out hypothesis: the nature of beneficient behavior.
24p.
296 Manove, Michael. Entrepreneurs, optimism, and the
competitive edge. 25p.
PAGE 7
300 Maschler, Michael. Games of incomplete information: the
inconsistent case. 6p.
297 Petith, Howard C. The Hound of the Baskervilles: natural
resources in Marx's explanation of the falling rate of
profit. 12p.
299 Vettas, Nicholas. Entry, exit, and coordination with mixed
strategies. 30p.
UNIVERSITAT BONN. Sonderforschungsbereich 303.
A-381 Constantinides, George M. & Duffie, Darrel. Asset pricing
with heterogeneous consumers. 25p.
BOSTON UNIVERSITY. Department of Economics.
33 Gonzalo, Jesus & Pitarakis, Jean-Yves. Comovements in large
systems. 42p.
34 Eaton, Jonathan & Kortum, Samuel. Trade in ideas: patenting
and productivity in the OECD. 37p.
35 Gonzalo, Jesus & Pitarakis, Jean-Yves. On the exact moments
of non-standard asymptotic distributions in non stationary
autoregressions with dependent erro. 22p.
36 Gonzalo, Jesus & Lee, Tae-Hwy. Relative power of t type
tests for stationary and unit root processes. 17p.
38 Gonzalo, Jesus & Lee, Tae-Hwy. Pitfalls in testing for long
run relationships. 40p.
37 Eaton, Jonathan & Fernandez, Raquel. Sovereign debt. 59p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
54 Amann, Erwin & Yang, Chun-Lei. The robustness of a
sophisticated mutant in an evolutionary model of
cooperation. 17p.
53 Yang, Chun-Lei. Evolution of cooperation with a
knowledgeable mutant. 26p.
55 Donald, Stephen G. & Sappington, David E.M. Explaining the
choice among regulatory plans in the U.S. telecommunications
industry. 47p.
57 Cabral, Luis M.B. & Riordan, Michael H. Predation with a
learning curve. 35p.
56 Krishna, Vijay & Rosenthal, Robert. Simultaneous auctions
with synergies. 36p.
58 Minehart, Deborah & Scotchmer, Suzanne. Ex post regret and
the decentralized sharing of information. 31p.
59 Ma, Ching-to Albert & McGuire, Thomas G. Optimal health
insurance and provider payment. 35p.
60 Rosenthal, Robert W. & Wang, Ruqu. Simultaneous auctions
with synergies and common values. 22p.
62 Cooper, Russell, Haltiwanger, John & Power, Laura. Machine
replacement and the business cycle: lumps and bumps. 52p.
61 Ma, Ching-to Albert. Option contracts and vertical
foreclosure. 24p.
BOSTON UNIVERSITY. Institute for Economic Development.
52 Das Gupta, Arindam & Mookherjee, Dilip. Reforming Indian
income tax enforcement. 41p.
PAGE 8
53 Das Gupta, Arindam & Mokherjee, Dilip. Tax amnesties in
India: an empirical evaluation. 25p.
57 Das Gupta, Arindam, Lahiri, Radhika & Mookherjee, Dilip.
Income tax compliance in India: an empirical analysis. 38p.
59 Eaton, Jonathan & Fernandez, Raquel. Sovereign debt. 59p.
60 Kabiraj, Tarun. To protect or not to protect foreign owned
patents: a strategic decision. 23p.
54 Rogoff, Kenneth. What remains of purchasing power parity?.
32p.
BROWN UNIVERSITY. Department of Economics.
9513 Asdrubali, Pierfederico, Sorensen, Bent E. & Yosha, Oved.
Channels of interestate risksharing: U.S. 1963-1990. 29p.
95-9 Baliga, Sandeep & Serrano, Roberto. Negotiations with
side-deals. 20p.
9414 Betocchi, Graziella. Colonialism in the theory of growth.
17p.
9512 Bertocchi, Graziella & Spagat, Michael. Growth under
uncertainty with experimentation. 27p.
9415 Fan, C. Simon & Spagat, Michael. Human capital and long-run
growth in Russia: a cautionary perspective. 31p.
9421 Feldman, Allan M. The value of life. 37p.
95-5 Friedberg, Rachel M. & Hunt, Jennifer. The impact of
immigrants on host country wages, employment and growth.
39p.
95-7 Gozalo, Pedro L. Nonparametric bootstrap analysis with
application to Engel demand curves. 39p.
95-1 Grossman, Herschel I. Chapter 8: Insurrections. 32p.
95-2 Grossman, Herschel I. The economics of revolutions. 24p.
9413 Ho, Mun S. & Sorensen, Bent E. On the econometrics of
public capital and long-run productivity. 28p.
95-4 Keane, Michael & Moffitt, Robert. A structural model of
multiple welfare program participation and labor supply.
40p.
9410 Lach, Saul & Tsiddon, Daniel. Staggering and
synchronization in price-setting: evidence from multiproduct
firms. 56p.
95-3 Lancaster, Tony. Exact structural inference in optimal job
search models. 55p.
94-8 Lim, Guay C. & Stein, Jerome L. The dynamics of the real
exchange rate and current account in a small open economy:
Australia. 47p.
9419 Serrano, Roberto & Zapater, Inigo. The three-legged race:
cooperating to compete. 20p.
9511 Shimomura, Ken-ichi. The bargaining set and coalition
formation. 26p.
9510 Shimomura, Ken-ichi. Reversibility does not convert the
equilibrium existence theorem. 12p.
95-8 Stein, Jerome L. The fundamental determinants of the real
exchange rate of the U.S. dollar relative to the G7. 38p.
94-9 Stein, Jerome L. International finance theory and empirical
reality. 28p.
94-7 Stein, Jerome L. The natural real exchange of the U.S.
dollar and determinants of capital flows. 54p.
PAGE 9
95-6 Vohra, Rajiv. Coalitional non-cooperative approaches to
cooperation. 15p.
9418 Yafeh, Yishay & Yosha, Oved. Large share holders, banks and
managerial moral hazard: an empirical investigation. 29p.
9411 Yosha, Oved. Competitive disadvantage induced by disclosure
regulations: a welfare analysis. 20p.
94-6 Andersen, Torben G. & Sorensen, Bent E. GMM estimation of a
stochastic volatility model: a Monte Carlo study. 67p.
9420 Canner, Niko, Mankiw, N. Gregory & Weil, David N. An asset
allocation puzzle. 33p.
9423 Elul, Ronel. Welfare effects of financial innovation in
incomplete markets economies with several consumption goods.
50p.
9422 Elul, Ronel. Welfare-improving financial innovation with a
single good. 23p.
9417 Gozalo, Pedro L. Nonparametric testing in high dimensional
spaces via data-dependent partitioning. 58p.
9427 Grossman, Herschel I. & Kim, Minseong. Predation and
production. 18p.
9412 Grossman, Herschel I. & Kim, Minseong. Swords or
plowshares?: a theory of the security of claims to property.
25p.
9424 Ho, Mun S. & Sorensen, Bent E. Finding cointegration rank
in high dimensional systems using the Johansen test: an
illustration using data-based Mo. 18p.
9425 Perraudin, William & Sorensen, Bent. Modeling exchange
rates in continuous time: theory, estimation and option
pricing. 31p.
9426 Shimomura, Ken-Ichi. Quasi-cores in bargaining sets. 22p.
9416 Spagat, Michael. Human capital, instability and foreign
investment in transition economies. 27p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9412 Anbarci, Nejat. Reference functions and balanced
concessions in bargaining. 11p.
9413 Anbarci, Nejat. Simple characterizations of the Nash and
Kalai Smordinsky solutions. 7p.
9410 Holmes, James M. & Hutton, Patricia A. Keynesian
involuntary unemployment and sticky nominal wages. 34p.
9411 Morgan, Peter B. A model of search, coordination and market
segmentation. 35p.
9501 Brown, Murray & Chiang, Shin Hwan. Endogenous industry
structure and noncooperative coalition analysis. 15p.
9502 Brown, Murray & Chiang, Shin Hwan. Managerial incentives
with endogenous market structure. 16p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
905 Alvarez, R. Michael. Two-stage estimation of non-recursive
choice models. 36p.
902 Alvarez, R. Michael & Nagler, Jonathan. Voter choice in
1992: economics, issues, and anger. 33p.
886 Chander, Parkash & Tulkens, Henry. The core of an economy
with multilateral environmental externalities. 21p.
PAGE 10
901 Ordeshook, Peter C. & Zeng, Langche. Rational voters and
strategic voting: evidence from the 1968, 1980, and 1992
elections. 28p.
903 Page, Scott E., Kollman, Ken & Miller, John H. Landscape
formation in a spatial voting model. 28p.
904 Sherstyuk, Katerina. The formation of multiple teams. 45p.
898 Alvarez, R. Michael & Saving, Jason. Congressional
commttees and the political economy of federal outlays.
20p.
914 Alvarez, R. Michael & Nagler, Jonathan. Correlated
disturbances in discrete choice models: a comparison of
multinomial probit models and logit models. 29p.
892 Banks, Jeffrey, Olson, Mark & Porter, David. An
experimental analysis of the two-armed bandit problem. 31p.
916 Bykowsky, Mark M., Cull, Robert J. & Ledyard, John O.
Mutually destructive bidding: the FCC auction design
problem. 36p.
897 Chander, Parkash & Tulkens, Henry. A core-theoretic
solution for the design of cooperative agreements on
transfrontier pollution. 16p.
906 Jamison, Julian C. & Plott, Charles R. Costly offers and
the equilibration properties of the multiple unit double
auction under conditions of unpredictabl. 28p.
909 Myagkov, Mikhail & Plott, Charles R. Exchange economies and
loss exposure: experiments exploring prospect theory and
competitive equilibria in market en. 70p.
911 Plott, Charles R. & Turocy, Theodore L. Intertemporal
speculation under conditions of uncertain future demand and
an endogenous, non-public number of specu. 48p.
919 El-Gamal, Mahmoud A. & Grether, David M. Are people
Bayesian?: uncovering behavioral strategies. 19p.
913 Fohlin, Caroline M. Relationship banking and firm liquidity
constraints: evidence from the heyday of the German
universal banks. 28p.
915 Kousser, J. Morgan. Shaw vs. Reno and the real world of
redistricting and representation. 119p.
917 Ledyard, John O., Noussair, Charles & Porter, David. The
allocation of a shared resource within an organization.
52p.
908 Noussair, Charles N., Plott, Charles R. & Riezman, Raymond
G. The principles of exchange rate determination in an
international finance experiment. 42p.
922 Alvarez, R. Michael. The dynamics of issue emphasis:
campaign strategy and media coverage in statewide races.
25p.
923 Border, Kim C. & Segal, Uzi. Perferences over solutions to
the bargaining problem. 21p.
920 Knez, Marc J. & Camerer, Colin F. Outside options and
social comparison in three-player ultimatum game
experiments. 41p.
924 Ordeshook, Peter C. Constitutions for new democracies:
reflections of turmoil or agents of stability?. 16p.
882 Ordeshook, Peter C. & Shvetsova, Olga. Russia, federalism,
and political stability. 144p.
PAGE 11
862 Plott, Charles R. Rational individual behaviour in markets
and social choice processes. 40p.
933 Alvarez, R. Michael. Hamilton's political economy and the
national bank. 24p.
934 Alvarez, R. Michael. The new republic and the new
institutionalism: Hamilton's plan and extra legislative
organization. 25p.
935 Alvarez, R. Michael & Brehm, John. Are Americans ambivalent
towards racial policies?. 27p.
928 Alvarez, R. Michael & Saving, Jason. Deficits, democrats,
and distributive benefits: congressional elections and the
pork barrel in the 1980s. 20p.
932 Alvarez, R. Michael, Canon, David T. & Sellers, Patrick.
The impact of primaries on general election outcomes in the
U.S. House and Senate. 20p.
929 Kousser, J. Morgan. Estimating the partisan consequences of
redistricting plans - simply. 36p.
888 Ordeshook, Peter C. & Shvetsova, Olga. If Hamilton and
Madison were merely lucky, what hope is there for Russian
federalism?. 24p.
927 Page, Scott E. Two measures of difficulty. 33p.
926 Page, Scott E., Kollman, Ken & Miller, John H. A comparison
of political institutions in a Tiebout model. 27p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
233 Shannon, Chris. Determinacy in infinite horizon exchange
economies. 57p.
235 Anderson, Robert M. & Zame, William R. Edgeworth's
conjecture with infinitely many commodities. 109p.
234 Craine, Roger. Fairly priced deposit insurance and bank
charter policy. 24p.
236 Foreman, Stephen E. & Keeler, Theodore E. Regulation,
competition and cross-subsidization in hospital care:
lessons from the economics of regulation. 27p.
237 Train, Kenneth E. Simulation methods for probit and related
models based on convenient error partitioning. 14p.
240 Branstetter, Lee, et al. The time series relationship
between investment and cash flow in the scientific sector: a
panel data study. 46p.
238 Edlin, Aaron S. & Shannon, Chris. Strict monotonicity in
comparative statics. 15p.
239 O'Regan, Katherine M. & Quigley, John M. Teenage employment
and the spatial isolation of minority and poverty
households. 19p.
241 Rabin, Matthew. Moral preferences, moral constraints, and
self-serving biases. 44p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
45 Eichengreen, Barry, Tobin, James & Wyplosz, Charles. Two
cases for sand in the wheels of international finance. 20p.
44 Obstfeld, Maurice & Rogoff, Kenneth. The intertemporal
approach to the current account. 75p.
PAGE 12
47 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles. Is
there a safe passage to EMU?: evidence on capital controls
and a proposal. 41p.
46 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.
Speculative attacks on pegged exchange rates: an empirical
exploration with special reference to the European Monet.
49p.
48 Obstfeld, Maurice & Rogoff, Kenneth. Exchange rate dynamics
redux. 41p.
49 Eichengreen, Barry & Hsieh, Chang-Tai. Sterling in decline
again: the 1931 and 1992 crises compared. 38p.
52 Frankel, Jeffrey A. & Rose, Andrew K. A panel project on
purchasing power parity: mean reversion within and between
countries. 21p.
51 Frankel, Jeffrey A. & Rose, Andrew K. A survey of empirical
research on nominal exchange rates. 61p.
53 Frankel, Jeffrey A. & Wei, Shang-Jin. European integration
and the regionalization of world trade and currencies: the
economics and the politics. 55p.
50 Frankel, Jeffrey A., Romer, David & Cyrus, Teresa. Trade
and growth in East Asian countries: cause and effect?. 26p.
UNIVERSITY OF CALIFORNIA-LOS ANGELES. Department of Economics.
722 Benhabib, Jess & Farmer, Roger E.A. Indeterminacy and
sector-specific externalities. 25p.
724 Bennett, Elaine, Maschler, Michael & Zame, William. A
demand adjustment process. 20p.
721s Calcott, Paul. Health plan competition and the costs of
employer provided health insurance. 29p.
728 Cukierman, Alex & Tommasi, Mariano. Why does it take a
Nixon to go to China?. 28p.
730 Dick, Andrew R. Explaining managed trade as rational
cheating. 28p.
731 Dick, Andrew R. When are cartels stable contracts?. 53p.
729 Dick, Andrew R. Where do cartels form?: antitrust screens
and the cost of cartel transactions. 36p.
720 Farmer, Roger E.A. & Guo, Jang-Ting. The econometrics of
indeterminacy: an applied study. 38p.
727 Hirshleifer, Jack. Theorizing about conflict. 46p.
723 Lal, Deepak. The minimum wage. 29p.
726 Somers, Harold M. Retroactive taxation: a triumph of law
over economics?: United States vs. Carlton (1994). 18p.
725 Zame, W.R., Abramovich, Y.A. & Aliprantis, C.D. A
representation theorem for Riesz spaces and its applicatios
to economics. 11p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9429 Bagwell, Kyle, Ramey, Garey & Spulber, Daniel F. Dynamic
retail price and investment competition. 32p.
9418 Betts, Julian R. The skill bias of technological change in
Canadian manufacturing industries. 40p.
9421 Chen, Xiaohong & White, Halbert. Nonparametric adaptive
learning with feedback. 43p.
PAGE 13
9417 Christiano, Lawrence J. & Den Haan, Wouter. Small sample
properties of GMM for business cycle analysis. 60p.
9430 Den Haan, Wouter J. & Levin, Andrew. Inference from
parametric and non-parametric covariance matrix estimation
procedures. 42p.
9428 Elliott, Graham. Efficient tests for a unit root when the
initial observation is drawn from its unconditional
distribution. 48p.
9427 Engle, Robert F. & Russell, Jeffrey R. Forecasting
transaction rates: the autoregressive conditional duration
model. 46p.
9425 Engle, Robert F. & Rosenberg, Joshua. Hedging options in a
GARCH environment: testing the term structure of stochastic
volatility models. 35p.
9419 Granger, C.W.J. & Ding, Zhuanxin. Stylized facts on the
temporal and distributional properties of daily data from
speculative markets. 28p.
9424 Hamilton, James D. Rational expectations and the economic
consequences of changes in regime. 31p.
9422 Macho-Stadler, Ines & Perez-Castrillo, J. David. Optimal
auditing with heterogeneous income sources. 28p.
9423 Najberg, Sheila & Ramey, Garey. Bargains and ripoffs in an
inflationary economy. 47p.
9426 Satchell, Steve & Timmermann, Allan. On the optimality of
adaptive expectations: Muth revisited. 18p.
9420 Watson, Joel. Strategy perturbations in repeated games as
rules of thumb. 23p.
1/95 Hahm, Joon-Ho. Consumption growth, income growth and
earnings uncertainty. 33p.
9233 Bagwell, Kyle & Ramey, Garey. Advertising as information:
matching products to buyers. 33p.
9245 Bagwell, Kyle & Ramey, Garey. The Diamond paradox: a
dynamic resolution. 38p.
9229 Blume, Andreas, Kim, Yong-Gwan & Sobel, Joel. Evolutionary
stability in games of communication. 34p.
9246 Chen, Xiaohong & White, Halbert. Asymptotic properties of
some projection-based Robbins-Monro procedures in a Hilbert
space. 49p.
9235 Chen, Xiaohong & White, Halbert. Central limit and
functional central limit theorems for Hilbert space-valued
dependent processes. 42p.
9241 Den Haan, Wouter J. Convergence in stochastic models: the
importance of the share of capital in GNP in the presence of
productivity sho. 22p.
9230 Den Haan, Wouter J. & Marcet, Albert. Accuracy in
simulations. 29p.
9231 Eitrheim, Oyvind. Inference in small cointegrated systems:
some Monte Carlo results. 69p.
9244r Engle, Robert F. & Lee, Gary G.J. A permanent and
transitory component model of stock return volatility. 29p.
9249 Engle, Robert, et al. Short-run forecasts of elctricity
loads and peaks. 51p.
9252 Flores de Frutos, Rafael & Pereira, Alfredo M. Testing
theories of economic fluctuations and growth in early
development (the case of the Chesapeake Tobacco Compa. 28p.
PAGE 14
9227 Gaspar, Vitor & Pereira, Alfredo M. A dynamic general
equilibrium analysis of E.C. structural funds (with an
application to Portugal). 60p.
9253r Granger, Clive W.J. & Swanson, Norman R. An introduction to
stochastic unit root processes. 34p.
9242r Groves, Theodore. Two essays on voting procedures and the
budget deficit: `A theorem of voting rules & budget
deficits' & `Solving th. 21p.
9236 Groves, Theodore, et al. China's evolving managerial labor
market. 29p.
9248 Groves, Theodore, Stinchcombe, Maxwell B. & Viladrich,
Montserrat. Optimal monitoring of oil spills: control in a
stochastic, dynamic context. 41p.
9251 Konishi, Toru & Granger, C.W.J. Separation in cointegrated
systems. 55p.
9238 Lin, Wen-Ling, Engle, Robert F. & Ito, Takatoshi. Do bulls
and bears move across borders?: international transmission
of stock returns and volatility as the world tu. 38p.
9240 Nishimura, Kazuo & Raut, Lakshmi K. Family expansion and
capital accumulation of a dynasty. 24p.
9243 Osang, Thomas & Pereira, Alfredo. Human capital
accumulation and the dynamic effects of international trade.
32p.
9228 Rauch, James E. Balanced and unbalanced growth. 47p.
9254 Raut, Lakshmi K. Subgame perfect manipulation of children
by overlapping generations of agents with two-sided altruism
and endogenou. 29p.
9237 Raut, Lakshmi K. & Srinivasan, T.N. Theories of long-run
growth: old and new. 32p.
9232 Shen, Pu & Starr, Ross M. Liquidity of the Treasury bill
market and the term structure of interest rates. 25p.
9247 Sin, Chor-Yiu & White, Halbert. Information criteria for
selecting possibly misspecified parametric models. 57p.
9234 Stinchcombe, Maxwell B. When approximate results are
enough: the use of nonstandard versions of infinite sets in
economics. 39p.
9250 Swanson, Norman R. & Granger, C.W.J. Impulse response
functions based on a causal approach to residual
orthogonalizations in vector autoregressions. 42p.
9239 Swanson, Norman R. & White, Halbert. A model selection
approach to assessing the information in the term structure
using linear models and artificial ne. 44p.
9513 Aparicio Acosta, F.M. & Granger, Clive W.J.
Information-theoretic schemes for linearity testing under
long-range dependence and cointegration. 39p.
9512 Aparicio Acosta, F.M. & Granger, Clive W.J. A linearity
test for near-unit root time series. 52p.
9515 Aparicio Acosta, F.M & Granger, Clive W.J. Nonlinear
cointegration and some new tests for comovements. 52p.
9514 Aparicio Acosta, F.M. & Granger, Clive W.J. A tutorial on
linearity testing under long range dependence and
cointegration. 66p.
9526 Battigalli, Pierpaolo & Watson, Joel. On "reputation"
refinements with heterogeneous beliefs. 12p.
PAGE 15
9507 Betts, Julian R. What do students know about wages?:
evidence from a survey of undergraduates. 42p.
9503 Betts, Julian R. Which types of public school spending are
most effective?: new evidence on the school quality debate.
34p.
9502 Carson, Richard T., et al. Contingent valuation and lost
passive use: damages from the Exxon Valdez. 37p.
9505 Carson, Richard T. Contingent valuation surveys and test of
insensitivity to scope. 44p.
9521 Carson, Richard, Flores, Nicholas E. & Hanemann, W. Michael.
On the creation and destruction of public goods: the matter
of sequencing. 25p.
9501 Carson, Richard T., Flores, Nicholas E. & Mitchell, Robert
C. The theory and measurement of passive use value. 50p.
9504 Carson, Richard T. Valuation of tropical rainforests:
philosophical and practical issues in the use of contingent
valuation. 33p.
9524 Den Haan, Wouter J.. The comovements between real activity
and prices at different business cycle frequencies. 26p.
9517 Den Haan, Wouter J. & Spear, Scott A. Volatility clustering
in real interest rates: theory and evidence. 45p.
9518 Elliott, Graham. On the robustness of cointegration methods
when regressors almost have unit roots. 41p.
9525 Engle, Robert F. & Rosenberg, Joshua V. GARCH gamma. 25p.
9510 Evans, George W. & Ramey, Garey. Calculation, adaptation
and rational expectations. 38p.
9520 Flores, Nicholas E. The effects of rationing and virtual
price elasticities. 26p.
9527 Granger, Clive W.J. Can we improve the perceived quality of
economic forecasts?. 27p.
9511 Granger, Clive W.J. & Swanson, Norman. Further developments
in the study of cointegrated variables. 21p.
9509 Hamilton, James D. The daily market for federal funds.
47p.
9522 Hamilton, James D. & Perez-Quiros, Gabriel. What do the
leading indicators lead?. 40p.
9506 Miles, David & Timmermann, Allan. Variation in expected
stock returns: evidence on the pricing of equities from a
cross section of U.K. companies. 28p.
9508 Odgers, Cameron & Betts, Julian R. Do unions reduce
investment?. 23p.
9519 Pesaran, M. Hashem & Timmermann, Allan. Predictability of
stock returns: robustness and economic significance. 42p.
9528 Robles, Jack. Evolution with changing mutation rates. 38p.
9516 Satchell, Steve & Timmermann, Allan. An assessment of the
economic value of nonlinear foreign exchange rate forecasts.
27p.
9523 Timmermann, Allan. Volatility clustering and mean reversion
of stock reutrns in an asset pricing model with incomplete
learning. 43p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
22/94 Crownover, Collin, Pippenger, John & Steigerwald, Douglas C.
Testing for absolute purchasing power parity. 15p.
PAGE 16
21/94 Funkhouser, Edward. Changes in the returns to education in
Costa Rica. 40p.
25/94 Funkhouser, Edward. Demand-side and supply-side
explanations for barriers to labor market mobility in
developing countries: the case of. 42p.
20/94 Funkhouser, Edward. Labor market adjustment to political
conflict: changes in the labor market in El Salvador during
the 1980s. 38p.
24/94 Funkhouser, Edward. The sources of hourly earnings
variation in the large scale sector of Guatemala. 28p.
23/94 Funkhouser, Edward. The urban informal sector in Central
America: household survey evidence. 59p.
16/94 Shapiro, Perry & Deacon, Robert T. Estimating the demand
for public goods: comments and extensions. 24p.
18/94 Shapiro, Perry & Petchey, Jeffrey. Federal stability and
secession. 30p.
19/94 Petchey, Jeffrey & Shapiro, Perry. "One people one
destiny": the concentration of power and conflicts of
interest in Australian federalism. 21p.
17/94 Steigerwald, Douglas C. Conditional heteroscedasticity
modeling in macroeconomics and finance. 6p.
2/95 Frech, H.E. Physician fees and price controls. 33p.
4/95 Funkhouser, Edward. A profile of Salvadoran emigration.
44p.
3/95 Linton, Oliver B. & Steigerwald, Douglas G. Adaptive
testing in ARCH models. 43p.
5/95 Shapiro, Perry & Petchey, Jeff. The welfare economics of
environmental regulatory authority: two parables on state
vs. federal control. 23p.
7/95 Comanor, William S. & Phillips, Llad. The impact of income
and family structure on deliquency. 19p.
8/95 Deacon, Robert T. Nonrenewable resources and the
environment. 29p.
6/95 Xing, Yuqing & Kolsted, Charles D. Do lax environmental
regulations attract foreign investment?. 36p.
14/95 Garratt, Rod & Qin, Cheng-Zhong. On a market for coalitions
with indivisible agents and lotteries. 23p.
11/95 Garratt, Rod & Marshall, John M. Supplemental health
insurance. 18p.
15/95 Hahm, Joon-Ho. Consumption adjustment to real interest
rates: intertemporal substitution revisited. 36p.
9/95 Kolstad, Charles D. & Guzman, Rolando M. Information and
the divergence between willingness to accept and willingness
to pay. 28p.
12/95 Miller, Richard D. Estimating compensating differentials
for employer provided health insurance benefits. 21p.
13/95 Ogun, Oluremi. Exchange rate instability and non-oil export
performance in a developing economy. 39p.
17/95 Guzman, Rolando M. & Kolstad, Charles D. Bidding behavior
under costly information acquisition: an experimental study.
38p.
10/95 Guzman, Rolando M. & Kolstad, Charles D. A model of auction
equilibrium with costly information acquisition. 42p.
16/95 Trejo, Stephen J. Why do Mexican Americans earn low wages?.
34p.
PAGE 17
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
200 Anderlini, Luca & Felli, Leonardo. Endogenous agency
problems. 32p.
201 Baliga, Sandeep. The not-so-secret agent: professional
monitors, hierarchies and implementation. 23p.
202 Gottardi, Piero & Hens, Thorsten. The survival assumption
and existence of competitive equilibria when asset markets
are incomplete. 25p.
9511 Baliga, Sandeep. Universal collusion and renegotiation,
dictators and contracts. 26p.
9510 Baliga, Sandeep & Serrano, Roberto. Negotiations with
side-deals. 18p.
9512 Baliga, S., Corchon, L.C. & Sjostrom, T. The theory of
implementation when the planner is a player. 34p.
9517 Palomba, Geremia. How to combine Pareto optimality and
individual liberty using welfare interpersonal comparisons.
26p.
BANK OF CANADA. Technical Reports.
72 Black, Richard, et al. The Bank of Canada's new quarterly
projection model, part 1: the steady-state model:SSQPM.
95p.
71 Macklem, R. Tiff. Wealth, disposable income and
consumption: some evidence for Canada. 67p.
73 Armstrong, John, et al. The Bank of Canada's new quarterly
projection model, part 2: a robust method for simulating
forward-looking models. 33p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9407 Fountain, John, McCosker, Michael & Morris, Dean. Are
people really risk seeking when facing losses?. 32p.
9501 Carter, Michael & Guthrie, Graeme. Pricing Internet: the
New Zealand experience. 17p.
9503 Fountain, John, McCosker, Michael & Macfarlane, Bruce.
Framing and incentive effects on risk attitudes when facing
uncertainty losses. 32p.
9502 Guender, Alfred V. & Young, Robin. Long term and short term
aggregate uncertainty and the effect on real output. 26p.
9504 Walker, Paul. An outline of the history of game theory.
24p.
9505 Smith, Aaron & Harrison, Robin. A drunk, her dog, and a
boyfriend: an illustration of multiple cointegration and
error correction. 17p.
9506 Winkelmann, Liliana & Winkelmann, Rainer. Optimal markup
responses to trade policy reform in a small, open economy:
evidence from New Zealand. 12p.
9507 Winkelmann, Liliana & Winkelmann, Rainer. Unemployment:
where does it hurt?. 28p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9438 Diaz-Gimenez, Javier & Prescott, Edward C. Real returns on
government debt: a general equilibrium quantitative
exploration. 24p.
PAGE 18
9434 Estrada, Javier. Insider trading: regulation, securities
market, and welfare under risk neutrality. 29p.
9419 Franciosi, Robert, et al. Experimental tests of the
endowment effect. 35p.
9433 Petrakis, Emmanuel. Technology diffusion in a
differentiated industry. 19p.
9436 Tena, Antonio. The Spanish foreign sector 1885-1985: trends
and structure. 25p.
9440 de la Croix, David & Licandro, Omar. Irreversibility,
uncertainty and underemployment equilibria. 15p.
9435 Herves, Carlos & Moreno, Emma. Strategic equilibrium in
economies with a continuum of agents. 6p.
9441 Kujal, Praveen. A proof of first-order stochastic dominance
for quantity constrained oligopolies. 11p.
9423 Moreno, Diego. Strategy-proof allocation mechanisms for
economies with public goods. 15p.
9424 Moreno, Diego. Strategy-proof mechanisms with monotonic
preferences: the case of pre public goods economies. 15p.
9453 Moreno, Diego & Wooders, John. Coalition-proof equilibrium.
28p.
9454 Ortigueira, Salvador & Santos, Manuel. On convergence in
endogenous growth models. 33p.
9445 Prados de la Escosura, Leandro & Sanz, Jorge C. Growth and
macroeconomic performance in Spain, 1939-1993. 68p.
9446 Prados de la Escosura, Leandro. Terms of trade and
backwardness: testing the Prebisch doctrine for Spain and
Britain during the industrialization. 48p.
9456 Wooders, John. Bargaining and matching in small markets.
21p.
9455 Wooders, John. Equilibrium in a market with intermediation
is Walrasian. 23p.
9505 Prados de la Escosura, Leandro. Spain's gross domestic
product, 1850-1993: quantitative conjectures. 79p.
9506 Prados de la Escosura, Leandro. Spain's gross domestic
product, 1850-1993: quantitative conjectures, appendix.
119p.
9511 Boldrin, Michele & Rustichini, Aldo. Equilibria with social
security. 37p.
9510 Casteneda, Ana, Diaz-Gimenez, Javier & Rios-Rull,
Jose-Victor. Unemployment spells and income distribution
dynamics. 38p.
9508 Estrada, Javier. Insider trading: regulation, risk
reallocation, and welfare. 12p.
9509 Estrada, Javier. Insider trading: regulation, securities
markets, and welfare under risk aversion. 40p.
9439 Herguera, Inigo, Kujal, Praveen & Petrakis, Emmanuel.
Quantity restrictions and endogenous quality choice. 20p.
9507 Ruiz-Castillo, Javier. Interpersonal welfare comparisons,
redistributive effects, and horizontal inequities in the
income tax system. 24p.
9518 Berrendero, Jose R., Romo, Juan & Zamar, Ruben. On the
explosion breakdown rate of the maximum bias function of
some scale and location estimates. 33p.
9513 Boldrin, Michele & Horvath, Michael. Labor contracts and
business cycles. 38p.
PAGE 19
9516 Boucekkine, Raouf, Germain, Marc & Licandro, Omar. Creative
destruction and business cycles. 15p.
9517 Boucekkine, Raouf, Juillard, Michel & Malgrange, Pierre.
Precision performances of terminal conditions of short time
horizons forward looking systems. 25p.
9515 Fagnart, Jean-Francois, Licandro, Omar & Sneessens, Henri.
Capacity utilization dynamics and market power. 24p.
9512 Florenzano, Monique & Gourdel, Pascal. Incomplete markets
in infinite horizon: debt constraints versus node prices.
34p.
9519 Kranich, Laurence. The distribution of opportunities: a
normative theory. 17p.
9520 Adda, Jerome & Boucekkine, Raouf. Liquidity constraints and
time non-separable preferences: simulating models with large
state spaces. 23p.
9523 Bhattacharya, Sudipto, Boot, Arnoud W.A. & Thakor, Anjan V.
The economics of bank regulation. 51p.
9531 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Asset pricing lessons for modeling business cycles.
49p.
9524 Dhillon, Amrita. Extended Paretian rules and relative
utilitarianism. 36p.
9527 Ladron de Guevara, Antonio, Ortigueira, Salvador & Santos,
Manuel S. A two-sector model of endogenous growth with
leisure. 44p.
9526 Santos, Manuel S. & Woodford, Michael. Rational asset
pricing bubbles. 46p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9422 Caillaud, Bernard & Rey, Patrick. Strategic aspects of
delegation. 12p.
9419 Dionne, G., et al. Debt, moral hazard and airline safety:
empirical evidence. 36p.
9423 Gourieroux, C. Les modeles econometriques: utilisation et
interpretation. 45p.
9424 Grandmont, Jean-Michel. Expectations formation and
stability of large socioeconomic systems. 57p.
9426 Laskar, Daniel. "Time inconsistency" of the optimal
monetary policy: a case for target zones. 23p.
9420 Picard, Pierre. Auditing claims in insurance markets with
fraud: the credibility issue. 41p.
9504 Amable, Bruno. Endogenous growth and cycles through radical
and incremental innovation. 24p.
9505 Coestier, Benedicte. Asymetrie d'information, reputation et
signes de qualities. 36p.
9425 Demers, Fanny S. & Demers, Michel. Prudence, demand
uncertainty, background risk and the law of supply: a non
expected utility approach to the firm. 39p.
9501 de Vilder, Robin G. Complicated endogenous business cycles
under gross substitutability. 29p.
9506 Hofbauer, Josef & Weibull, Jorgen W. Evolutionary selection
against dominated strategies. 17p.
9503 Hommes, Cars & de Vilder, Robin. Investment constrained
endogenous business cycles in a two-dimensional OLG model.
23p.
PAGE 20
9502 Laffargue, Jean-Pierre. Charges sociales, qualifications et
emploi, etude a l'aide d'un modele d'equilibre general
calculable.... 53p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9423 Balduzzi, Pierluigi, Das, Sanjiv Ranjan & Foresi, Silverio.
The central tendency: a second factor in the short-term
rate. 22p.
9421 Balduzzi, Pierluigi, Corsetti, Giancarlo & Foresi, Silverio.
The simple analytics of assets values and infrequent policy
changes. 21p.
9418 Brennan, Michael J. & Subrahmanyam, Avanidhar. Market
microstructure and asset pricing: on the compensation for
adverse selection in stock returns. 32p.
9417 Edwards, Franklin R. Systematic risk in OTC derivatives
markets: much ado about not too much. 44p.
9422 Foresi, Silverio & Peracchi, Franco. The conditional
distribution of excess returns: an empirical analysis. 43p.
9420 Leff, Nathaniel. Trust, envy, and the political economy of
industrial development: economic groups in developing
countries. 28p.
9419 Spiegel, Matthew & Subrahmanyam, Avanidhar. A theory of
"news pending" trading suspensions. 31p.
9430 Browne, Sid. Survival and growth with a fixed liability:
optimal portfolio strategies in continuous time. 24p.
9427 Edwards, Franklin R. Derivatives can be hazardous to your
health: the case of Metallgesellschaft. 28p.
9429 Edwards, Franklin R. Off-exchange derivatives markets and
financial fragility. 47p.
9428 Edwards, Franklin R. & Canter, Michael S. The collapse of
Metallgesellschaft: unhedgeable risks, poor hedging strategy
or just bad luck?. 56p.
9426 Edwards, Franklin R. & Mishkin, Frederic S. The decline of
traditional banking: implications for financial stability
and regulatory policy. 42p.
9424 Kyle, Albert S. & Wang, F. Albert. Speculation duupoly with
agreement to disagree. 58p.
9425 Wang, F. Albert. Strategic trading with heterogeneous prior
beliefs: variations in volume and volatility. 50p.
9506 Aitken, Brian, Hanson, Gordon H. & Harrison, Ann E.
Spillovers, foreign investment, and export behavior. 40p.
9507 Amir, Eli & Lev, Baruch. Value-relevance of nonfinancial
information: the wireless communications industry. 42p.
9502 Backus, David K., Foresi, Silverio & Zin, Stanley E.
Arbitrage opportunities in arbitrage free models of bond
pricing. 36p.
9501 Backus, David K., Foresi, Silverio & Telmer, Chris I. The
forward premium anomaly: three examples in search of a
solution. 28p.
9503 Browne, Sid & Whitt, Ward. Portfolio choice and the
Bayesian Kelly criterion. 31p.
9505 Chemmanur, Thomas J. & Fulghieri, Paolo. Why include
warrants in new equity issues?: a theory of unit IPO's.
47p.
PAGE 21
9504 Danthine, Jean-Pierre & Donaldson, John B. Asset pricing
implications of real market frictions. 52p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9415 Dierker, Egbert & Grodal, Birgit. Profit maximization
mitigates competition. 23p.
9502 Hansen, Claus T. Labour unions, capital accumulation, and
the natural rate of unemployment. 15p.
9416 Perraudin, William & Sorensen, Bent. Modelling exchange
rates in continuous time: theory, estimation and option
pricing. 31p.
9501 Schultz, Christian. Wages and employment in a repeated game
with revenue fluctuations. 24p.
9503 Hansen, Henrik & Warne, Anders. Common trends analysis of
Danish unemployment. 52p.
9512 Albaek, Karsten & Sorensen, Bent E. Worker flows and job
flows in Danish manufacturing, 1980-91. 46p.
9513 Staehr, Karsten. Indexation, contract length, and the cost
of disinflation in economies with extreme inflation. 22p.
9511 Amundsen, Eirik S. & Bjorndal, Trond. Optimal exploitation
of a biomass confronted with the threat of partial
extinction. 20p.
9505 Blackburn, Keith & Hansen, Lill. Public policy and economic
growth in an imperfectly competitive world of interdependent
economies. 37p.
9507 Dierker, Egbert & Grodal, Birgit. Profit maximization,
relative prices, and the maximization of shareholders' real
wealth. 24p.
9504 Gunnarsson, Jan. Economic properties and expectations: how
the process of learning develops by selection. 28p.
9509 Hendon, Ebbe, et al. Nash equilibrium in lower
probabilities. 30p.
9506 Hendon, Ebbe & Traenes, Torben. Decentralized trade in a
small market: the possibility of resale. 43p.
9508 Hendon, Ebbe, Jacobsen, Hans J. & Sloth, Birgitte. Adaptive
learning in extensive form games and sequential equilibrium.
28p.
9406 Hendon, Ebbe, Jacobsen, Hans J. & Sloth, Birgitte.
Fictitious play in extensive form games. 38p.
9510 Keiding, Hans. Allocations dynamically implemented in
renegotiation proof equilibrium. 13p.
9514 Nielsen, Carsten K. Rational belief structures and rational
belief equilibrium. 37p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9411 Mitra, Tapan. An exact discount factor restriction for
period three cycles in dynamic optimization models. 43p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1087 Barany, I., Scarf, H.E. & Shallcross, D. The topological
structure of maximal lattice free convex bodies: the general
case. 17p.
PAGE 22
1090 Hajivassiliou, Vasslis A. & Ioannides, Yannis M.
Unemployment and liquidity constraints. 48p.
1021 r Hajivassilious, Vassilis, McFadden, Daniel & Ruud, Paul.
Simulation of multivariate normal rectangle probabilities &
their derivatives: theoretical and computational result.
43p.
1086 Linton, Oliver. Edgeworth approximation for MINPIN
estimators to semiparametric regression models. 44p.
1088 Quint, Thomas & Shubik, Martin. A model of migration. 12p.
1089 Quint, Thomas & Shubik, Martin. On the number of Nash
equilibria in a bimatrix game. 17p.
1085 Sims, Christopher A. & Zha, Tao. Error bands for impulse
responses. 38p.
1096 Buchinsky, Moshe & Hah, Jinyong. Quantile regression model
with unknown censoring point. 35p.
1091 Fair, Ray C. & Howrey, E. Philip. Evaluating alternative
monetary policy rules. 25p.
1095 Quint, Thomas & Shubik, Martin. A bound of the number of
Nash equilibria in a coordination game. 8p.
1094 Quint, Thomas, Shubik, Martin & Yan, Dicky. Dumb bugs and
bright noncooperative players: games, context and behavior.
31p.
1092 Shiller, Robert J. Conversation, information, and herd
behavior. 13p.
1093 Tobin, James. An overview of the general theory. 39p.
1100 Baliga, Sandeep & Polak, Ben. Banks versus bonds: a simple
theory of comparative financial institutions. 71p.
1099 Karatzas, Ioannis, Shubik, Martin & Sudderth, William D. A
strategic market game with secured lending. 56p.
1101 Nordhaus, William D. How should we measure sustainable
income?. 32p.
1098 Shiller, Robert J., Case, Karl E. & Weiss, Allan N.
Mortgage default risk and real estate prices: the use of
index-based futures and options in real estate. 31p.
1097 Shiller, Robert J. & Athanasoulis, Stefano. World income
components: measuring and exploiting international risk
sharing opportunities. 69p.
1107 Grant, Simon, King, Stephen & Polak, Ben. Information and
externalities, share-price based incentives and managerial
behavior. 26p.
1105 Linton, Oliver B. & Steigerwald, Douglas G. Adaptive
testing in ARCH models. 43p.
1106 Linton, Oliver & Gozalo, Pedro. Nonparametric test of
conditional independence. 25p.
1103 Phillips, Peter C.B. Automated forecasts of Asia-Pacific
economic activity. 14p.
1102 Phillips, Peter C.B. Impulse response and forecast error
variance asymptotics in nonstationary VARs. 38p.
1104 Phillips, Peter C.B. Unit root tests. 24p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1072 Audretsch, David B. & Elston, Julie Ann. Does firm size
matter?: evidence on the impacts of liquidity constraints on
firm investment behavior in Germany. 20p.
PAGE 23
1076 Barro, Robert J. & Sala-i-Martin, Xavier. Quality
improvements in models of growth. 43p.
1082 Bianchi, Marco & Zoega, Gylfi. Unemployment persistence:
does the size of the shock matter?. 43p.
1074 Canova, Fabio & Ravn, Morten O. International consumption
risk sharing. 37p.
1068 Chadha, Bankim & Tsiddon, Daniel. Inflation, nominal
interest rates and the variability of output. 36p.
1085 Decressin, Jorg & Fatas, Antonio. Regional labor market
dynamics in Europe. 30p.
1078 De Fraja, Gianni. Entry, pricing and incentives: the role
of regulatory commitment. 43p.
1079 De Fraja, Gianni & Iossa, Elisabeth. Competition,
regulation and managerial incentives. 34p.
1073 De Grauwe, Paul. Exchange rates in search of fundamental
variables. 22p.
1056 Dixit, Avinash & Londregan, John. Redistributive politics
and economic efficiency. 23p.
1069 Francois, Joseph F. Labour force growth, trade, and
employment. 37p.
1067 Francois, Joseph F., McDonald, Bradley & Nordstrom, Hakan.
The Uruguay Round: a global general equilibrium assessment.
63p.
1080 Helpman, Elhanan & Trajtenberg, Manuel. A time to sow and a
time to reap: growth based on general purpose technologies.
43p.
1064 Lund, Diderik. Can a small nation gain from introducing a
carbon tax early?. 44p.
1077 Mello, Antonio S. & Parsons, John E. Auctions of shares
with a secondary market and tender offers. 32p.
1044 Messerlin, Patrick A. Central European countries: trade
laws in the light of international experience. 30p.
1084 Rodrik, Dani. Developing countries after the Uruguay Round.
46p.
1081 Snower, Dennis J. Evaluating unemployment policies: what do
the underlying theories tell us?. 49p.
1086 Snower, Dennis J. The simple economics of benefit
transfers. 40p.
1071 Van Reenen, John. The creation and capture of rents: wages
and innovations in a panel of U.K. companies. 36p.
1063 Ulph, Alistair & Ulph, David. Trade, strategic innovation
and strategic environmental policy. 36p.
1092 Bean, Charles & Crafts, Nicholas F.R. British economic
growth since 1945: relative economic decline..and
renaissance?. 53p.
1087 Crafts, Nicholas F.R. & Mills, Terence C. Europe's golden
age: an econometric investigation of changing trend rates in
growth. 29p.
1083 Dumas, Bernard. Short and long term hedging for the
corporation. 35p.
1090 Flood, Robert P. & Rose, Andrew K. Fixes: the forward
discount puzzle. 11p.
1018 Snower, Dennis J. What is the domain of the welfare state?.
33p.
PAGE 24
1093 Winkelmann, Liliana & Winkelmann, Rainer. Unemployment:
where does it hurt?. 22p.
1089 Anderson, Kym. The political economy of coal subsidies in
Europe. 29p.
1088 Bayoumi, Tamim A., Goldstein, Morris & Woglom, Geoffrey. Do
credit markets discipline sovereign borrowers?: evidence
from U.S. states. 24p.
1096 Booth, Alison L. The unemployment implications of mandatory
firing costs. 31p.
1097 Booth, Alison L. & Frank, Jeff. Coverage by increment
scales. 29p.
1101 Booth, Alison L. & Zoega, Gylfi. Quitting externalities,
employment cyclicality and firing costs. 34p.
1098 Burgess, Simon & Rees, Hedley. Lifetime jobs and transient
jobs: job tenure in Britain, 1975-91. 55p.
1119 Canova, Fabio & De Nicolo, Gianni. The equity premium and
the risk free rate: a cross country, cross maturity
examination. 46p.
1113 Canova, Fabio & Ubide, Angel J. Household production and
international business cycles. 41p.
1100 Canzoneri, Matthew B. & Dellas, Harris. Monetary
integration in Europe: implications for real interest rates,
national stock markets and the volatility of . 27p.
1099 Canzoneri, Matthew B. & Dellas, Harris. Real interest rates
and central bank operating procedures. 33p.
1110 Chadha, Bankim & Coricelli, Fabrizio. Unemployment,
investment and sectoral reallocation. 33p.
1095 Crafts, Nicholas F.R & Toniolo, Gianni. Post-war growth: an
overview. 46p.
1122 De Fraja, Gianni. Regulation and access pricing with
asymmetric information. 27p.
1121 Diba, Behzad T. & Martin, Philippe. Causality implications
of the public finance approach to inflation and seigniorage.
18p.
1128 Frankel, Jeffrey A. & Rose, Andrew K. A panel project on
purchasing power parity: mean reversion within and between
countries. 18p.
1105 Gual, Jordi. The coherence of EC policies on trade,
competition and industry. 61p.
1112 Hoekman, Bernard & Mavroidis, Petros C. The WTO's agreement
on government procurement: expanding disciplines, declining
membership?. 22p.
1117 Jarvis, Sarah & Pudney, Stephen. Redistributive policy in a
transition economy: the case of Hungary. 47p.
1116 Marin, Dalia. Learning and dynamic comparative advantage:
lessons from Austria's post-war pattern of growth for
Eastern Europe. 50p.
1107 Meyer, Margaret A. & Vickers, John. Performance comparisons
and dynamic incentives. 33p.
1118 Micklewright, John & Nagy, Gyula. Unemployment insurance
and incentives in Hungary. 42p.
1106 Motta, Massimo, Thisse, J.F. & Cabrales, Antonio. On the
persistence of leadership or leapfrogging in international
trade. 34p.
PAGE 25
1109 O'Grada, Cormac & Duffy, Niall. Fertility control early in
marriage in Ireland a century ago. 17p.
1104 Prados de la Escosura, Leandro & Sanz, Jorge C. Growth and
macroeconomic performance in Spain, 1939-93. 61p.
1091 Razin, Assaf & Sadka, Efraim. Resisting migration: wage
rigidity and income distribution. 18p.
1114 Sapir, Andre. Trade liberalization and the harmonization of
social policies: lessons from European integration. 37p.
1120 Soderlind, Paul & Vredin, Anders. Applied cointegration
analysis in the mirror of macroeconomic theory. 25p.
1103 Svensson, Lars E.O. The Swedish experience of an inflation
target. 27p.
1123 Avesani, Renzo G., Gallo, Giampiero M. & Salmon, Mark. On
the evolution of credibility and flexible exchange rate
target zones. 35p.
1126 Ben-David, Dan. Trade and convergence among countries.
28p.
1111 Ben-David, Dan & Pappell, David H. Slowdowns and meltdowns:
post-war growth evidence from 74 countries. 21p.
1102 Burda, Michael C. & Lubyova, Martina. The impact of active
labour market policies: a closer look at the Czech and
Slovak Republics. 40p.
1125 Burgess, Simon, Lane, Julia & Stevens, David. Job flows,
worker flows and churning. 44p.
1133 Coe, David T., Helpman, Elhanan & Hoffmaister, Alexander W.
North-South R & D spillovers. 41p.
1132 Franz, Wolfgang. Central and East European labour markets
in transition: developments, causes, and cures. 71p.
1134 Grossman, Gene M. & Helpman, Elhanan. Technology and trade.
77p.
1108 Jappelli, Tullio & Pagano, Marco. The welfare effects of
liquidity constraints. 25p.
1094 Karp, Larry & Paul, Thierry. Labour adjustment and gradual
reform: is commitment important?. 45p.
1129 Martin, Philippe & Rogers, Carol A. Optimal stabilization
policy in the presence of learning by doing. 31p.
1130 Martin, Philippe & Rogers, Carol A. Stabilization policy,
learning by doing, and economic growth. 22p.
1131 Obstfeld, Maurice & Rogoff, Kenneth. Exchange rate dynamics
redux. 41p.
1141 Persson, Torsten & Tabellini, Guido. Double-edged
incentives: institutions and policy coordination. 58p.
1142 Persson, Torsten & Tabellini, Guido. Federal fiscal
constitutions, part II: risk sharing and redistribution.
32p.
1143 Rama, Martin & Tabellini, Guido. Endogenous distortions in
product and labour markets. 36p.
1115 Rodrik, Dani. The dynamics of political support for reform
in economies in transition. 32p.
1124 Stevens, Margaret. The sharing hypothesis for specific
human capital. 16p.
1127 Sussman, Oren & Zeira, Joseph. Banking and development.
42p.
1158 Anderson, Kym. The entwining of trade policy with
environmental and labour standards. 35p.
PAGE 26
1136 Anderson, Simon P., de Palma, Andre & Thisse, Jacques F.
Privatization and efficiency in a differentiated industry.
25p.
1161 Audretsch, David B. & Feldman, Maryann P. Innnovative
clusters and the industry life cycle. 28p.
1152 Audretsch, David B. The innovation, unemployment and
competitiveness challenge in Germany. 35p.
1162 Audretsch, David B., et al. Sub-optimal scale firms and
compensating factor differentials in Dutch manufacturing.
32p.
1156 Carraro, Carlo & Soubeyran, Antoine. Environmental
feedbacks and optimal taxation in oligopoly. 36p.
1159 Gordon, Robert J. Is there a trade-off between unemployment
and productivity growth?. 65p.
1166 Grabowski, Maciej & Smith, Stephen. The taxation of
entrepreneurial income in a transition economy: issues
raised by experience in Poland. 43p.
1135 Grosfeld, Irena & Roland, Gerard. Defensive and strategic
restructuring in Central European enterprises. 56p.
1150 Hoekman, Bernard. Tentative first steps: an assessment of
the Uruguay Round Agreement on services. 51p.
1147 Sako, Mari. Supppliers' associations in the Japanese
automobile industry: collective action for technology
diffusion. 35p.
1144 Schaffer, Mark E. Government subsidies to enterprises in
Central and Eastern Europe: budgetary subsidies and tax
arrears. 47p.
1168 Aiginger, Karl, Winter-Ebmer, Rudolf & Zweimuller, Josef.
East European trade and the Austrian labor market. 26p.
1137 Artis, Michael J., Kontolemis, Zenon G. & Osborn, Denise R.
Classical business cycles for G7 and European countries.
52p.
1172 Bayoumi, Tamim & Prasad, Eswar. Currency unions, economic
fluctuations, and adjustment: some empirical evidence. 30p.
1179 Buiter, Willem H. & Kletzer, Kenneth M. Capital mobility,
fiscal policy and growth under self-financing of human
capital formation. 43p.
1154 Carraro, Carlo & Siniscalco, Domenico. R & D cooperation
and the stability of international environmental agreements.
28p.
1164 Chen, Zhaohui. Speculative market structure and the
collapse of an exchange rate mechanism. 32p.
1163 Cohen, Daniel. Tests of the `convergence hypothesis': some
further results. 25p.
1148 Currie, David, Levine, Paul & Pearlman, Joseph. Can
delegation be counterproductive?: the choice of
`conservative' bankers in open economies. 44p.
1174 de Boissieu, Christian, Cohen, Daniel & de Pontbriand, Gael.
Russion enterprise in transition. 30p.
1184 Dolado, Juan J. & Jimeno, Juan F. Why is Spanish
unemployment so high?. 34p.
1169 Erkel-Rousse, Helene & Melitz, Jacques. New empirical
evidence on the costs of European Monetary Union. 25p.
1145 Halpern, Laszlo & Wyplosz, Charles. Equilibrium real
exchange rates in transition. 56p.
PAGE 27
1151 Heady, Christopher & Smith, Stephen. Tax and benefit reform
in the Czech and Slovak Republics. 40p.
1138 Jappelli, Tullio, Pischke, Jorn-Steffen & Souleles,
Nicholas. Testing for liquidity constraints in Euler
equations with complementary data sources. 41p.
1175 Karp, Larry & Sioli, Lucy. Vertically related markets and
trade policy in a bargaining framework. 38p.
1180 Morales, Antonio J. & Padilla, A. Jorge. Designing
institutions for international monetary policy coordination.
34p.
1146 Mulligan, Casey B. & Sala-i-Martin, Xavier. A labour-income
based measure of the value of human capital: an application
to the states of the United States. 66p.
1149 Mulligan, Casey B. & Sala-i-Martin, Xavier. Measuring
aggregate human capital. 53p.
1167 Newbery, David M. Tax and benefit reform in Central and
Eastern Europe. 15p.
1140 Quah, Danny T. Empirics for economic growth and
convergence. 27p.
1153 Quah, Danny T. & Vahey, Shaun P. Measuring core inflation.
24p.
1160 Saint-Paul, Gilles. Demand-driven financial development.
20p.
1155 Sinn, Hans-Werner. Factor price distortions and public
subsidies in East Germany. 40p.
1176 Snower, Dennis J. & Karanassou, Marika. A contribution to
unemployment dynamics. 19p.
1170 von Hagen, Jurgen & Hammond, George W. Regional insurance
against asymmetric shocks: an empirical study for the
European Community. 33p.
1139 Zeira, Joseph. Workers, machines and economic growth. 31p.
1188 Bayoumi, Tamim. Who needs bands?: exchange rate policy
before EMU. 23p.
1183 Ben-David, Dan & Loewy, Michael B. Free trade and long-run
growth. 51p.
1187 Bertola, Giuseppe. Accumulation and the extent of
inequality. 29p.
1186 Bertola, Guiseppe & Ichino, Andrea. Wage inequality and
unemployment: U.S. vs. Europe. 49p.
1173 de Melo, Jaime & Tarr, David G. VERS under imperfect
competition and foreign direct investment: a case study of
the U.S.-Japan auto VER. 28p.
1182 Drabek, Zdenek & Smith, Alasdair. Trade performance and
trade policy in Central and Eastern Europe. 35p.
1171 Edwards, Jeremy & Ogilvie, Sheilagh. Universal banks and
German industrialization: a reappraisal. 32p.
1181 Flam, Harry & Nordstrom, Hakan. Why do pre-tax prices
differ so much across European countries?. 29p.
1185 Marin, Dalia & Schnitzer, Monika. Creating creditworthiness
through reciprocal trade. 27p.
1177 Matutes, Carmen & Vives, Xavier. Imperfect competition,
risk taking, and regulation in banking. 30p.
1165 Minford, Patrick, Riley, Jonathan & Nowell, Eric. The
elixir of growth: trade, non-traded goods and development.
78p.
PAGE 28
1178 Yafeh, Yishay & Yosha, Oved. Large shareholders and banks:
who monitors and how?. 34p.
1202 Abbring, Jaap H., van den Berg, Gerard J. & van Ours, Jan C.
The anatomy of unemployment dynamics. 45p.
1211 Brennan, Michael J. & Franks, Julian. Underpricing,
ownership and control in initial public offerings of equity
securities in the U.K. 38p.
1201 Buiter, Willem H., Corsetti, Giancarlo & Pesenti, Paolo A.
A centre-periphery model of monetary coordination and
exchange rate crises. 42p.
1200 Carling, Kenneth, et al. Unemployment duration,
unemployment benefits, and labour market programmes in
Sweden. 30p.
1204 Casella, Alessandra. Free trade and evolving standards.
51p.
1213 De Grauwe, Paul. The economics of convergence towards
monetary union in Europe. 23p.
1189 Demertzis, Maria & Hughes Hallett, Andrew. On measuring the
costs of labour immobility and market heterogeneity in
Europe. 31p.
1217 Eichengreen, Barry & Ghironi, Fabio. European monetary
unification: the challenges ahead. 44p.
1210 Flandreau, Marc. An essay on the emergence of the
international gold standard, 1870-80. 50p.
1214 Francois, Joseph & Martin, Will. Multilateral trade rules
and the expected cost of protection. 31p.
1206 Gali, Jordi. Real business cycles with involuntary
unemployment. 35p.
1219 Gerlach, Stefan & Smets, Frank. The monetary transmission
mechanism: evidence from the G-7 countries. 44p.
1218 Gorreia, Isabel H. Efficiency and equity: is there a
trade-off?. 23p.
1193 Haskel, Jonathan & Powell, Andrew. Cartels, contracts and
centralization: the transition to futures trading for
primary commodities. 24p.
1192 Haskel, Jonathan & Sanchia, Amparo. Privatization and
X-inefficiency: a bargaining approach. 19p.
1194 Haskel, Jonathan & Scaramozzino, Pasquale. Do other firms
matter in oligopolies?. 21p.
1190 Hughes Hallett, Andrew J. & Ma, Yue. Economic cooperation
within Europe: lessons from the monetary arrangements in the
1990s. 60p.
1196 Jehiel, Philippe & Moldovanu, Benny. Resale markets and the
assignment of property rights. 31p.
1199 Leahy, Dermot & Neary, J. Peter. International R & D
rivalry and industrial strategy without government
commitment. 24p.
1203 Mata, Jose, Portugal, Pedro & Guimaraes, Paulo. The
survival of new plants: start-up conditions and post-entry
evolution. 28p.
1212 Ravn, Morten O. & Sorensen, Jan R. Minimum wages: curse of
blessing?. 26p.
1207 Rodrik, Dani. Why is there multilateral lending?. 49p.
1205 Saint-Paul, Gilles. A framework for analyzing the political
support for active labour market policy. 19p.
PAGE 29
1208 Stultz, Rene M. & Wasserfallen, Walter. Foreign equity
investment restrictions, capital flight, and shareholder
wealth maximization. 53p.
1191 Artis, Michael & Zhang, Wenda. International business
cycles and the ERM: is there a European business cycle?.
32p.
1197 Boot, Arnoud W.A & Thakor, Anjan V. Financial system
architecture. 42p.
1216 Branco, Fernando. Multi-object auctions: on the use of
combinational bids. 19p.
1195 Branson, William H. & Braga de Macedo, Jorge. Macroeconomic
policy in central Europe. 56p.
1222 Buiter, Willem H. Macroeconomic policy during a transition
to monetary union. 56p.
1229 Burda, Michael C. Migration and the option value of
waiting. 24p.
1221 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.
Capital utilization and returns to scale. 51p.
1232 Burda, Michael C. Unions and wage insurance. 35p.
1209 Crafts, Nicholas F.R. The golden age of economic growth:
why did Northern Ireland miss out?. 23p.
1198 Faini, Riccardo & de Melo, Jaime. Trade liberalization,
employment and migration: some simulations for Morocco.
28p.
1228 Francois, Joseph F. & Reinert, Kenneth A. The role of
services in the structure of production and trade: stylized
facts from a cross-country analysis. 37p.
1157 Galor, Oded & Weil, David N. The gender gap, fertility and
growth. 31p.
1226 Hoekman, Bernard. The WTO, the EU and the Arab world: trade
policy priorities and pitfalls. 43p.
1230 Krugman, Paul & Venables, Anthony J. The seamless world: a
spatial model of international specialization. 30p.
1227 Leonard, Jonathan & Van Audenrode, Marc. The duration of
unemployment and the persistence of wages. 29p.
1231 Rankin, Neil. Nominal rigidity and monetary uncertainty in
a small open economy. 33p.
1220 Rebelo, Sergio & Vegh, Carlos A. Real effects of exchange
rate-based stabilization: an analysis of competing theories.
59p.
1223 Saint-Paul, Gilles. Reforming Europe's labour market:
political issues. 14p.
1233 Abowd, John, Kramarz, Francis & Moreau, Antoine. Product
quality and worker quality. 30p.
1235 Bauer, Thomas & Zimmermann, Klaus F. Integrating the East:
the labour market effects of immigration. 52p.
1234 Bofinger, Peter. The political economy of the Eastern
enlargement of the EU. 53p.
1225 Bolton, Patrick & Roland, Gerard. The break up of nations:
a political economy analysis. 59p.
1237 Boot, Arnoud W.A. & Thakor, Anjan V. Banking scope,
financial innovation, and the evolution of the financial
system. 34p.
1224 Cohen, Daniel. The transition in Russia: successes
(privatization, low unemployment..), and failures (Mafias,
liquidity constraint. 24p.
PAGE 30
1239 Davies, Gareth & Vines, David. Equilibrium currency crises:
are multiple equilibria self-fulfilling or history
dependent?. 20p.
1247 Eichengreen, Barry & von Hagen, Jurgen. Fiscal policy and
monetary union: federalism, fiscal restrictions and the no
bailout rule. 31p.
1244 Forni, Mario & Reichlin, Lucrezia. Let's get real: a
dynamic factor analytical approach to disaggregated business
cycles. 26p.
1241 Irwin, Gregor & Vines, David. The macroeconomics of the
Mexican crisis: a simple two-period model. 19p.
1242 Jacquemin, Alexis & Sapir, Andre. Is a European hard core
credible?: a statistical analysis. 15p.
1238 Martin, Carmela. The impact of EU trade agreements with
Central and East European countries: the case of Spain.
33p.
1236 Quah, Danny T. Aggregate and regional disaggregate
fluctuations. 28p.
1240 Rose, Andrew K. After the deluge: do fixed exchange rates
allow intertemporal volatility trade offs?. 16p.
1245 Sapir, Andre. Europe's single market: the long march to
1992. 24p.
1246 Sutherland, Alan. Fiscal crises and aggregate demand: can
high public debt reverse the effects of fiscal policy?.
23p.
1255 Barro, Robert J. & Sala-i-Martin, Xavier. Technological
diffusion, convergence, and growth. 43p.
1248 Bayoumi, Tamim & Eichengreen, Barry. The stability of the
gold standard and the evolution of the international
monetary system. 33p.
1259 Bentolila, Samuel & Jimeno, Juan F. Regional unemployment
persistence (Spain, 1976-94). 38p.
1257 Bofinger, Peter & Schachter, Andrea. Alternative operating
procedures for monetary policy: a new look at the money
supply process. 32p.
1258 Gerlach, Stefan & Smets, Frank. The term structure of
Euro-rates: some evidence in support of the expectations
hypothesis. 34p.
1251 Jappelli, Tullio. The age-wealth profile and the life-cycle
hypothesis: a cohort analysis with a time series of
cross-sections of Ita. 38p.
1243 Leahy, Dermot & Neary, J. Peter. Public policy towards R &
D in oligopolistic industries. 35p.
1253 Neely, Christopher J., Weller, Paul A. & Corbae, P. Dean.
Endogenous realignments and the sustainability of a target
zone. 42p.
1252 Razin, Assaf & Yuen, Chi-Wa. Can capital controls alter the
inflation-unemployment trade-off?. 18p.
1254 Sala-i-Martin, Xavier. The classical approach to
convergence analysis. 37p.
1249 Svensson, Lars E.O. Optimal inflation targets,
`conservative' central banks, and linear inflation
contracts. 33p.
1215 van Wijnbergen, Sweder & Marcincin, Anton. Voucher
privatization, corporate control and the cost of capital: an
analysis of the Czech privatization programme. 23p.
PAGE 31
ERASMUS UNIVERSITY. Institute for Economic Research.
9402 Klomp, Luuk & Thurik, Roy. The growth of firms in Dutch
services. 31p.
9501 Klomp, Luuk & Thurik, Roy. The post-entry performances of
firms: evidence from the Dutch services. 36p.
UNIVERSITY OF ESSEX. Department of Economics.
435 Lahiri, Sajal & Ono, Yoshiyasu. Asymmetric oligopoly,
international trade and welfare: a synthesis. 19p.
433 Lahiri, Sajal & Raimondos, Pascalis. Competition for aid
and trade policy. 14p.
434 Lahiri, Sajal & Raimondos, Pascalis. Tying of aid to trade
policy reform and welfare. 16p.
436 Schoeb, Ronnie. Environmental levies and distortionary
taxation: environmental view vs. public finance view. 8p.
437 Chambers, Marcus J. Long memory and aggregation in
macroeconomic time series. 25p.
438 Chambers, M.J. & Bailey, R.E. The price of wheat in early
modern England. 25p.
439 Ohta, Hiroshi & Yoshida, Chisato. International migration,
profit-sharing and national welfare. 37p.
441 Price, Simon. Aggregate uncertainty, investment and
asymmetric adjustment in the U.K. manufacturing sector.
17p.
440 Price, Simon. Employment, hours, wages adjustment and
supply in U.K. manufacturing: identifying a long run
structure. 15p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
9426 Di Gioacchino, Debora. The evolution of cooperation:
robustness to mistakes and mutation. 31p.
9412 Ehrbeck, Tilman & Waldmann, Robert. Can forecasters'
explain rejection of the rational expectations hypothesis?.
15p.
94/6 Ermini, Luigi & Chang, Dongkoo. Testing the joint
hypothesis of rationality and neutrality under seasonal
cointegration: the case of Korea. 20p.
94/5 Govaerts, Bernadette, Hendry, David F. & Richard, J.F.
Encompassing in stationary linear dynamic models. 28p.
94/4 Hendry, David F. On the interaction of unit roots and
exogeneity. 32p.
9418 Palomino, Frederic. Noise trading in small markets. 25p.
94/3 Pelloni, Alessandra. Public policy in a two sector model of
endogenous growth. 26p.
9421 Salmon, Mark. Bounded rationality and learning: procedural
learning. 44p.
9446 Avesani, Renzo G., Gallo, Giampiero M. & Salmon, Mark. On
the evolution of credibility and flexible exchange rate
target zones. 40p.
9443 Normann, Hans-Theo. Stackelberg warfare as an equilibrium
choice in a game with reputation effects. 31p.
PAGE 32
9440 Waldmann, Robert. Inequality, economic growth and the debt
crisis. 33p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9407 Beenstock, Michael. The spatio-economic dimension of
immigrant absorption: Israel, 1969-72. 29p.
9502 Friedberg, Rachel M. You can't take it with you?: immigrant
assimilation and the portability of human capital: evidence
from Israel. 42p.
9505 Blass, Asher A. & Grossman, Richard S. A costly guarantee?:
the 1983 Israel bank shares crisis revisited. 29p.
9504 Eckstein, Zvi & Shachar, Ron. On the transition to work of
new immigrants: Israel, 1990-92. 39p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9415 Espinosa, Marco & Russell, Steven. Open market operations
with conventional, lasting real effects. 23p.
9413 Hu, Jie. Market breakdowns and price crashes explained by
information ambiguity. 27p.
9414 McAndrews, James & Roberds, William. Banks, payments, and
coordination. 30p.
9416 Espinosa, Marco & Russell, Steven. A welfare rationale for
multiple reserve requirements. 49p.
9412 Moen, Jon R. & Tallman, Ellis W. Clearinghouse access and
bank runs: trust companies in New York and Chicago during
the panic of 1907. 22p.
9417 Noe, Thomas H. & Smith, Stephen D. Contractual opportunism,
limited liability, and the role of financial coalitions.
39p.
95-1 Whitt, Joseph A. European Monetary Union: evidence from
structural VARs. 29p.
95-2 Noe, Thomas H. Insider trading and the problem of corporate
agency. 27p.
95-3 Chang, Roberto. Political party negotiations, income
distribution and endogenous growth. 39p.
95-4 Noe, Thomas H. & Ramamurtie, Sailesh. Information quality,
performance measurement, and security demand in rational
expectations economics. 28p.
95-7 Cushman, David O. & Zha, Tao. Identifying monetary policy
in a small open economy under flexible exchange rates. 40p.
95-5 Goswami, Gautam, Noe, Thomas & Rebello, Michael. Collusion
in uniform-price auctions: experimental evidence and
implications for Treasury auctions. 44p.
95-9 Moen, Jon R & Tallman, Ellis W. Clearinghouse access and
bank runs: comparing New York and Chicago during the panic
of 1907. 25p.
95-6 Sims, Christopher A. & Zha, Tao. Error bands for impulse
responses. 53p.
95-8 Zha, Tao. Bankruptcy law, capital allocation, & aggregate
effects:a dynamic heterogeneous agent model with incomplete
markets. 30p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9422 Bekaert, Geert, Hodrick, Robert J. & Marshall, David A. The
implications of first-order risk aversion for asset market
risk premiums. 44p.
PAGE 33
9424 Friedman, Benjamin M. & Kuttner, Kenneth N. Indicator
properties of the paper-bill spread: lessons from recent
experience. 34p.
9420 Marcet, Albert & Marshall, David A. Solving nonlinear
rational expectations models by parameterized expectations:
convergence to stationary solutions. 56p.
9423 Marshall, David A. Asset return volatility with extremely
small costs of consumption adjustment. 48p.
9421 Marshall, David A. & Parekh, Nayam G. The effect of costly
consumption adjustment on asset price volatility. 28p.
9425 Hall, George J. Overtime, effort and the propagation of
business cycle shocks. 32p.
9427 Jacobson, Louis S., LaLonde, Robert J. & Sullivan, Daniel G.
The returns from classroom training for displaced workers.
49p.
9426 Laurent, Robert D. Monetary policies in the early 1990s:
reflections of the early 1930s. 39p.
9511 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Asset pricing lessons for modeling business cycles.
52p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9415 Haslag, Joseph H. The effects of monetary policy in a model
with reserve requirements. 41p.
9501 Huffman, Gregory W. An equilibrium analysis of central bank
independence and inflation. 24p.
9502 Haslag, Joseph H. Inflation and intermediation in a model
with endogenous growth. 37p.
9503 Cox, W. Michael & Ruffin, Roy J. Country-bashing tariffs:
do bilateral trade deficits matter?. 21p.
9336 Cox, W. Michael, Gould, David M. & Ruffin, Roy J. Income
taxes as reciprocal tariffs. 14p.
9504 Phillips, Keith R. & Chang, Chih-Ping. Building a regional
forecasting model utilizing long-term relationships and
short-term indicators. 22p.
9505 Gould, David M. & Woodbridge, Graeme L. Building trade
barriers and knocking them down: the political economy of
unilateral trade liberalizations. 31p.
9506 Grosskopf, Shawna, et al. On competition and school
efficiency. 32p.
9509 Balke, Nathan S. & Wynne, Mark A.. Are deep recessions