New Acquisitions - January - December 1998
UNIVERSITY OF ADELAIDE. Department of Economics.
98-1 Williams, Jenny & Sickles, Robin C. The fable of crime as
work. 30p.
98-3 Williams, Jenny & Sickles, Robin C. An intertemporal model
of rational criminal choice. 41p.
98-2 Williams, Jenny & Sickles, Robin C. On the role of social
capital in youth crime: a dynamic structural approach. 40p.
92-4 McLean, I.W. & Woodland, S.J. Consumer prices in Australia,
1850-1914. 55p.
96-1 Tisato, Peter & Porter, Nathan. Pollution control and cost
minimising responses. 18p.
98-6 Brennan, G. & Pincus, J.J. Is vertical fiscal imbalance so
inefficient?, or: the flypaper effect is not an anomaly.
16p.
98-5 Pomfret, Richard. Poverty in the Kyrgyz Republic. 16p.
98-7 Damania, Richard. The scope for exchange rate pass-through
in an oligopoly. 26p.
98-8 Damania, Richard. A value added tax in an oligopolistic
economy. 16p.
UNIVERSITY OF ALBERTA. Department of Economics.
98-1 Sharir, Shmuel. Compensating for damages with the
"dedicated portfolio approach" and comparison with the
"discount rate" approach. 31p.
98-2 Sharir, Shmuel. Employer's tastes for discrimination,
nepotism and being boss: modeling and implication for the
persistence of disc. 20p.
98-3 Buse, A. & Chan, W.H. Invariance, price indices and
estimation in almost ideal demand systems. 38p.
98-4 Sharir, Shmuel. Nepotism, discrimination and value of
owner's ability to choose employees: issues of persistence,
definitions, and . 16p.
UNIVERSITY OF ALBERTA. Institute for Public Economics.
98-1 Boothe, Paul & Hermanutz, Derek. Paying for ACCESS:
province by province. 34p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9724 Alos-Ferrer, Carlos, Ania, Ana B. & Vega-Redondo, Fernando.
From Walrasian oligopolies to natural monopoly: an
evolutionary model of market structure. 27p.
9727 Bevia, Carmen, Quinzii, Martine & Silva, Jose A. Buying
several indivisible goods. 40p.
9725 Echevarria, Cristina & Merlo, Antonio. Gender differences
in education in a dynamic household bargaining model. 35p.
9726 Urbano, Amparo & Vila, Jose E. Pre-play communication and
coordination in two-player games. 44p.
9723 Vega-Redondo, Fernando. Unfolding social hierarchies in
large population games. 40p.
PAGE 2
9802 Alcalde, Jose & Revilla, Pablo. The role of unions in
hiring procedures for job markets. 13p.
9803 Perez, Felipe. Private experience in adaptive learning
models. 34p.
9801 Peris, Josep E., Sanchez, M. Carmen & Subiza, Begona.
Numerical representation of choice functions. 23p.
9808 Alos-Ferrer, Carlos. Dynamical systems with a continuum of
randomly matched agents. 33p.
9809 Calzolari, Giorgio, Di Iorio, Francesca & Fiorentini,
Gabriele. Control variates for variance reduction in
indirect inference: interest rate models in continuous time.
19p.
9811 Diaz, Antonia & Echevarria, Cristina. Kinship related
altruistic preferences and intervivos transfers. 48p.
9804 Diaz, Antonia & Guillo, M. Dolores. Some stylized facts of
Spanish unemployment. 49p.
9810 Fiorentini, Gabriele & Planas, Christophe.
Non-admissibility and the specification of unobserved
components models. 44p.
9806 Gines, Miguel & Marhuenda, Francisco. Welfarism in specific
economic domains. 20p.
9807 Guerrero-Luchtenberg, Cesar. A turnpike theorem for a
family of functions. 38p.
9812 Herrero, Carmen & Pinto, Jose L. Comparison and evaluation
of states of health. 28p.
9805 Peris, Josep E. & Sanchez, M. Carmen. Fixed agenda social
choice correspondences. 31p.
9814 Alos-Ferrer, Carlos, Ania, Ana B. & Schenk-Hoppe, Klaus R.
An evolutionary model of Bertrand oligopoly. 29p.
9813 Fauli-Oller, Ramon. Mergers between asymmetric firms:
profitability and welfare. 20p.
9815 Herrero, Carmen. An alternative theory of health care
decision making. 17p.
9817 Herrero, Carmen & Villar, Antonio. Preeminence and
sustainability in bankruptcy problems. 18p.
9816 Peitz, Martin. Consumer heterogeneity and market
imperfections. 22p.
9818 Peitz, Martin. Two-stage models of product differentiation
with unit-elastic demand. 27p.
9823 Amoros, Pablo. Single-peaked preferences with several
commodities. 40p.
9824 Hammond, Peter & Villar, Antonio. Valuation equilibrium
revisited. 20p.
9820 Herrero, Carmen. Minimal rights in claims problems. 13p.
9819 Lamo, Ana E. Unemployment in Europe and regional labor
fluctuations. 32p.
9822 Ortuno, Ignacio. Ideological versus Downsian political
competition. 28p.
9821 Peitz, Martin. A difficulty with the address models of
product differentiation. 18p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
167 Catigny, Pierre & Blot, Joel. Optimality infinite horizon
variational problems with holonomic constraints. 17p.
PAGE 3
170 Davidson, Russell & MacKinnon, James G. Bootstrap tests of
nonnested linear regression models. 24p.
168 de la Croix, David & Michel, Philippe. Optimal growth when
tastes are inherited. 16p.
164 Fernandez Macho, Javier & Roca Castro, Maria Jose. Testing
for convergence: the punt-Sterling relationship in the
context of the EMS. 20p.
165 Gonzalez Casimiro, Pilar. Selection of the timing interval
in structural time series models. 35p.
172 Grafe, Fritz & Mauleon, Ana. Externalities and free trade
agreements. 21p.
169 Hamiache, Gerard. A value with incomplete communication.
34p.
166 Kirman, Alan. Interaction and markets. 69p.
171 Saracho, Ana I. The implications of intertemporal
consistency for patent licensing. 58p.
173 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in an
asymmetric oligopoly: the taxation problem. 34p.
174 Van Long, Ngo & Soubeyran, Antoine. Cost manipulation in
oligopoly: a duality approach. 34p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
78 Demopoulos, George D. & Angeletos, George-Marios. In and
out: the European Monetary Union: costs and dynamics of
economic convergence. 46p.
91 Demopoulos, George D. & Yannacopoulos, Nicholas A.
Conditions for an optimality of an optimum currency area.
17p.
92 Petersen, Hans-Georg. Redistribution and the
efficiency/justice tradeoff. 34p.
93 Collard, Fabrice & Kollintzas, Tryphon. Depreciation rate
along the business cycle. 21p.
96 Siakantaris, Nikos P. Laboratory experimentation in
economics under the microscope. 23p.
98 Vlassis, Minas. Endogenous wage-compliance and
"underground" wages in oligopoly. 23p.
94 Baltas, Nicholas C. Greek legislation on competition policy
and its implementation. 9p.
95 Demopoulos, George D., Fratzeskos, Emmnauel K. & Kapopoulos,
Panayotis T. Fiscal imbalances and exchange rate
management: Greece on the track of EMU. 19p.
100 Demopoulos, George D., et cl. Unemployment persistence
mechanisms and stabilisation policies: Greece on the way to
EMU. 24p.
99 Fotopoulos, Georgios & Louri, Helen. Determinants of hazard
confronting new manufacturing firms in Greece, 1982 - 1992.
21p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
332 Donoghue, Mark & Wright, Mark L.J. William T. Thornton on
the economics of trade unions: an early contribution to
efficient bargaining theory. 27p.
PAGE 4
333 Heaney, Richard & Hooper, Vince. An examination of the
variation in equity market returns and volatility in the
Asia Pacific region. 29p.
334 Pointon, John & Hooper, Vince. The impact of obsolescence
risk on the after-tax value of a project. 20p.
335 Rogers, Mark & Dowrick, Steve. Convergence and technology
in the Solow-Swan growth model: an empirical analysis. 34p.
337 Apps, Patricia F. & Rees, Ray. On the taxation of trade
within and between households. 25p.
341 Jack, William. Controlling risk selection incentives when
health insurance contracts are endogenous. 29p.
340 Jack, William. Equilibrium in competitive insurance markets
with ex ante adverse selection and ex post moral hazard.
36p.
336 Jack, William. Managing competition in the health insurance
market. 36p.
339 Pitchford, Rohan. Judgement proofness (for New Palgrave
Dictionary of Law & Economics). 9p.
338 Pitchford, Rohan. Moral hazard and limited liability: the
real effects of contract bargaining. 9p.
344 Crossley, Thomas F. Firms and wages: evidence from
displaced workers. 34p.
346 Crossley, Thomas F. What can we learn from displaced worker
data about the returns to tenure?. 36p.
345 Hahm, Joon-Ho & Steigerwald, Douglas G. Consumption
adjustment under changing income uncertainty. 27p.
343 King, Stephen & Pitchford, Rohan. Private or public?: a
taxonomy of optimal ownership and management regimes. 35p.
342 Pitchford, Rohan. A simple theory of deregulation. 22p.
BANCO DE ESPANA. Servicio de Estudios.
9725 Alberola, Enrique, Marques, Jose Manuel & Sanchia, Alicia.
Unemployment persistence, central bank independence and
inflation performance in the OECD countries. 35p.
9726 Alonso, Francisco, Ayuso, Juan & Pages, Jorge Martinez. How
informative are financial asset prices in Spain?. 53p.
9727 Andres, Javier, Mestre, Ricardo & Valles, Javier. Monetary
policy and exchange rate dynamics in the Spanish economy.
36p.
9728 Dolado, Juan J., Gonzalez-Paramo, Jose M. & Vinals, Jose. A
cost-benefit analysis of going from low inflation to price
stability in Spain. 61p.
9806 Andres, Javier, Hernando, Ignacio & Lopez-Salido, J. David.
Disinflation, output and unemployment: the case of Spain.
45p.
9807 Bover, Olympia, Garcia-Perea, Pilar & Portugal, Pedro. A
comparative study of the Portuguese and Spanish labour
markets. 58p.
9808 Gomez, Victor & Maravall, Agustin. Automatic modeling
methods for univariate series. 50p.
9805 Gomez, Victor & Maravall, Agustin. Guide for using the
programs TRAMO and SEATS (beta version: December 1997).
44p.
PAGE 5
9809 Gomez, Victor & Maravall, Agustin. Seasonal adjustment and
signal extraction in economic time series. 61p.
9804 Kim, Soyoung. Monetary policy rules and business cycles.
51p.
9811 Kim, Soyoung. Identifying European monetary policy
interactions: French and Spanish system with German
variables. 41p.
9814 Ayuso, Juan, Kaminsky, Graciela L. & Lopez-Salido, David. A
switching-regime model for the Spanish inflation: 1962-1997.
27p.
9817 Cabrero, Alberto, et al. The controllability of a monetary
aggregate in EMU. 38p.
9813 Vinals, Jose. The retreat of inflation and the making of
monetary policy: where do we stand?. 36p.
9823 Alberola-Ila, Enrique & Tyrvainen, Timo. Is there scope for
inflation differentials in EMU?: an empirical evaluation of
the Balassa-Samuelson model.... 58p.
9816 Manzano, Maria Cruz & Sanchez, Isabel. Indicators of
short-term interest rate expectations: the information
contained in the options market. 50p.
9821 Ortega, Eva. Assessing the fit of simulated multivariate
dynamic models. 49p.
9820 Ortega, Eva. Comparing evaluation methodologies for
stochastic dynamic general equilibrium models. 50p.
9819 Ortega, Eva. The Spanish business cycle and its
relationship to Europe. 69p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
98-2 Auerbach, Alan J., Kotlikoff, Laurence J. & Leibfritz,
Willi. Generational accounting around the world. 54p.
98-1 Takayama, Noriyuki, Kitamura, Yukinobu & Yoshida, Hiroshi.
Generational accounting in Japan. 28p.
98-4 Kobayakawa, Shuji. Designing incentive compatible
regulation in banking: role of penalty in the precommitment
approach. 18p.
98-3 Yonetani, Tatsuya & Katsuo(asami), Yuko. Fair value
accounting and regulatory capital requirements. 19p.
98-5 Higo, Masahiro & Nakada, Sachiko Kuroda. How can we extract
a fundamental trend from an economic time series?. 67p.
98-6 Doksum, Kjell, Miura, Ryozo & Yamauchi, Hiroaki. On
financial time series decompositions with applications to
volatility. 58p.
98-7 Inoue, Tetsuya. Impact of information technology and
implications for monetary policy. 45p.
98-8 Nakamura, Hisashi & Shiratsuka, Shigenori. Extracting
market expectations from option prices: case studies in
Japanese option markets. 57p.
98-9 Ieda, Akira & Ohba, Toshikazu. Risk management for equity
portfolios of Japanese banks. 32p.
9811 Oda, Nobuyuki. Estimating fair premium rates for deposit
insurance using option pricing theory: an empirical study of
Japanese ban. 43p.
9810 Ohtake, Fuminobu, Oda, Nobuyuki & Yoshiba, Toshinao. Market
price analysis and risk management for convertible bonds.
47p.
PAGE 6
9813 Saito, Tsutomu, Takahashi, Teruhiko & Nishikawa, Yuichi.
Chemical study of the medieval Japanese Mochusen (bronze
coins). 71p.
9812 Saito, Makoto. Dynamic allocation and pricing in incomplete
markets: a survey. 48p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
400 Bolton, Gary E., Brandts, Jordi & Ockenfels, Axel.
Measuring motivations for the reciprocal responses observed
in a simple dilemma game. 19p.
401 de la Fuente, Angel. Fiscal policy and growth in the OECD.
124p.
397 Fehr, Hans & Polo, Clemente. Viable integrated value-added
tax (VIVAT): a definitive VAT system for Europe?. 20p.
387 Garcia-Cestona, Miguel A. & Tribo, Josep. A main bank
approach to optimal financial contracting. 37p.
392 Kovalenkov, Alexander & Wooders, Myrna Holtz. Epsilon cores
of games and economies with limited side payments. 29p.
393 Kovalenkov, Alexander & Wooders, Myrna Holtz. An explicit
bound on epsilon for non-emptiness of the epsilon core of an
arbitrary game with side payments. 17p.
394 Kovalenkov, Alexander & Wooders, Myrna Holtz. An explicit
bound on epsilon for non-emptiness of the epsilon-core of an
arbitrary game without side payments. 28p.
390 Kovalenkov, Alexander & Wooders, Myrna Holtz. Three
theorems on non-emptiness of approximate cores, part I: game
theoretic results. 32p.
391 Kovalenkov, Alexander & Wooders, Myrna Holtz. Three
theorems on non-emptiness of approximate cores, part 2:
economies with clubs. 13p.
380 Marmol, Francesc & Reboredo, Juan C. Detecting unbalanced
regressions using the Durbin-Watson test. 39p.
379 Marmol, Francesc & Reboredo, Juan C. On the finite sample
behavior of the Durbin-Watson test in the presence of
nonsense regressions. 21p.
399 Martinez-Giralt, Xavier & Usategui, Jose M. Iceberg
transport costs, I: monopoly. 18p.
395 Miravete, Eugenio J. Time-consistent protection with
learning by doing. 24p.
389 Petith, Howard. Meek, Dickinson and Marx's falling rate of
profit. 15p.
384 Reboredo, Juan Carlos. Efficiency, solvency, and the size
of banking firms. 36p.
381 Reboredo, Juan C. Managerial reputation and bad
acquisitions: a note. 10p.
383 Reboredo, Juan Carlos. A Markov model for risk evaluation
in banking. 41p.
398 Rocher, Francesc & Vila, Xavier. A note on agent based
imperfect competition. 16p.
386 Tribo, Josep. Long-term and short-term labor contracts
versus long-term and short-term financial contracts. 33p.
388 Tribo, Josep. Market structure, financial structure and
inventories. 34p.
PAGE 7
404 Brandts, Jordi & Figueras, Neus. An exploration of
reputation formation in experimental games. 45p.
403 Gonzalez-Maestre, Miguel. Divisionalization and delegation
in oligopoly. 14p.
402 Olivella, Pau & Pastor, Maite. Cost reducing strategies.
38p.
405 Quesada Arana, Antonio. Manipulability, unanimity,
anonymity and assessment aggregation. 19p.
406 Ramos Parreno, Jose Maria. Labour adjustment costs in a
"right to manage" model. 23p.
407 de la Fuente, Angel. Convergence equations and income
dynamics: the sources of OECD convergence, 1970-1995. 18p.
410 Petith, Howard. Capital accumulation, the organic
composition of capital, the rate of profit and the rate of
exploitation in a prov. 36p.
409 Sanchez Losada, Fernando. On education, debt and growth.
11p.
408 Sanchez Losada, Fernando. On the relationship between
education and growth. 20p.
414 Adsera, Alicia & Boix, Carles. Must we choose:? European
unemployment, American inequality and the impact of
education & labor market institutions. 42p.
413 Adsera, Alicia. Sectoral spillovers and the price of land:
a cost analysis. 31p.
412 Jelovac, Izabela & Macho-Stadler, Ines. Comparing
organizational structures in health services. 30p.
411 Montuenga-Gomez, Victor Manuel. Price convergence during
the EC lifetime. 23p.
416 Davila, Julio. Overlapping generations economies and
symmetrical economies under extrinsic uncertainty. 10p.
415 Davila, Julio. Time reversibility and extrinsic uncertainty
in overlapping generations economies. 15p.
417 De Fraja, Gianni. Training, minimum wage, and employment: a
simple dynamic analysis. 24p.
396 Gonzalez-Maestre, Miguel & Granero, Luis M. Industrial
loans and market structure. 20p.
419 de la Fuente, Angel. What kind of regional convergence?.
33p.
418 Nicolo, Antonio. Nash implementation in truthful
strategies, strategy-proofness and efficiency on the
restricted domain of Leontief . 26p.
421 Perez-Castrillo, David & Sotomayor, Marilda. A simple
selling and buying procedure. 23p.
420 Petith, Howard. A formalization of Elster's version of the
Marxian revolution, viewed as a contingent event. 15p.
241 Alvarez, Jose Maria da Rocha & Martinez Giralt, Xavier.
Country size and international trade. 15p.
276 Antolin, Pablo. Labour mobility, unemployment flows,
vacancies, and job search behaviour in the Spanish labour
market. 37p.
368 Chamorro, J.M. & Martinez Giralt, Xavier.
Telecommunications and urban spatial structure. 22p.
273 Creel, M. & Loomis, J. Semi-nonparametric distribution-free
dichotomous choice contingent valuation. 37p.
PAGE 8
275 Ghosh, Parikshit & Ray, Debraj. Cooperation in a community
interaction without information flows. 34p.
359 Granero, Luis M. Term structure of loan commitments in
oligopoly. 25p.
264 Kaneko, Mamoru & Wooders, Myrna H. The nonemptiness of the
F-core of a game without side payments. 19p.
244 Mancera Romero, Francisco M. Capital controls in a context
of tax competition. 19p.
UNIV. DE BARCELONA. Div. de Ciencies Juridiques, Econ i Socials.
18 Bailen, Jose M. & Gil, Joan. Transitional effects of a
pension system change in Spain. 49p.
17 Conesa, Juan Carlos, Diaz Moreno, Carlos & Galdon-Sanchez,
Jose Enrique. Underground economy and aggregate
fluctuations. 25p.
21 Borrell, Joan-Ramon. Price of medicines: a case study on
the impact of the rate-of-return regulation in the United
Kingdom. 30p.
19 Moreno, Rosina, et al. Evidence on the complex link between
infrastructure and regional growth. 42p.
25 Carrion i Silvestre, Josep L., Sanso i Rossello, Andreu &
Ortuno, Manual Artis. Response surfaces for the
Dickey-Fuller unit root test with structural breaks. 20p.
26 Esteller-More, Alejandro. A model of regional equalisation
transfers under asymmetric information w/ reference to the
Spanish financing syste. 27p.
23 Sanroma, Esteban & Ramos, Raul. Interprovincial wage
differences in Spain: a microdata analysis. 34p.
24 Valdero, Emili. An application of a time series inequality
to the detection of non-invertible moving average processes.
16p.
30 Berenguer, Eduard, Bonn, Holger & Raffelhuschen, Bernd.
Generational accounting in Spain: has public sector grown
too much?. 31p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
98-1 Shalit, Haim & Yitzhaki, Shlomo. Estimating beta. 28p.
98-4 Einy, Ezra & Shitovitz, Benyamin. Equivalence of value and
competitive allocations in large exchange economies with
differential information. 39p.
9802 Perez-Castrillo, David & Wettstein, David. Implementation
of bargaining sets via simple mechanisms. 19p.
98-3 Ruffle, Bradley & Tykocinski, Orit. Unwrapping the
deadweight loss of gift giving. 24p.
BOSTON UNIVERSITY. Dept. of Economics-Industry Studies Program.
84 Ma, Ching-to Albert. Cost and quality incentives in health
care: altruistic providers. 22p.
85 Machado, Matilde Pinto. Dollars and performance: cost
effectiveness of substance abuse treatment in Maine. 58p.
86 Rodriguez-Planas, Nuria. Playing hard to get: theory and
evidence on layoffs, recalls and unemployment. 50p.
PAGE 9
87 Weiss, Andrew. The fair tax: a tax proposal to smooth
business cycles, encourage investment and remove biases
against small firms. 22p.
88 Yu, Wei, Ellis, Randall P. & Ash, Arlene. Using the
diagnostic cost group model to measure risk selection in the
Massa- chusetts state employee health insura. 22p.
91 Berman, Eli & Bui, Linda T.M. Environmental regulation and
productivity: evidence from oil refineries. 35p.
89 Brundin, Ingela & Ma, Ching-to Albert. Moral hazard,
insurance, and some collusion. 32p.
90 Miron, Jeffrey A. Violence and the U.S. prohibition of
drugs and alcohol. 39p.
BROWN UNIVERSITY. Department of Economics.
9721 Andrews, Donald W.K. & Buchinksy, Moshe. On the number of
bootstrap repetitions for bootstrap standard errors,
confidence intervals, and tests. 51p.
9729 Arreaza, Adriana, Sorensen, Bent E. & Yosha, Oved.
Consumption smoothing through fiscal policy in OECD and EC
countries. 34p.
97-4 Ben-Ner, Avner & Putterman, Louis. Values and institutions
in economic analysis: an introduction. 61p.
98-1 Black, Duncan & Henderson, Vernon. Urban growth. 44p.
9723 Buchinsky, Moshe & Yosha, Oved. Endogenous probability of
failure for a financial intermediary: a dynamic model. 53p.
97-7 Cho, In-Koo. Learning to coordinate in repeated games.
37p.
97-2 Dagan, Nir & Serrano, Roberto. Invariance and randomness in
the Nash program for coalitional games. 10p.
97-8 Feldman, Allan M. Kaldor-Hicks compensation. 17p.
9726 Grossman, Herschel I. "Make us a king:" anarchy, predation,
and the state. 21p.
97-5 Grossman, Herschel I. Wherefore a prudent fiscal policy?.
13p.
9730 Grossman, Herschel I & Kim, Minseong. Human capital and
predation: a positive theory of educational policy. 25p.
97-3 Grossman, Herschel I. & Kim, Minseong. Predation and moral
decay. 33p.
9727 Grossman, Herschel I. & Kim, Minseong. Predation,
efficiency, and inequality. 17p.
97-6 Grossman, Herschel I & Han, Taejoon. Sovereign debt and
consumption smoothing. 10p.
9716 Kambhampati, Uma, Krishna, Pravin & Mitra, Devashish. The
effect of trade policy reforms on labor markets: evidence
from India. 21p.
9719 Krishna, Pravin. Are regional trading blocs "natural"?.
26p.
9717 Krishna, Pravin & Panagariya, Arvind. A unification of the
theory of second best. 34p.
9732 Lancaster, Tony. Orthogonal parameters and panel data.
39p.
9715 Lee, Darin & Volij, Oscar. The core of economies with
asymmetric information: an axiomatic approach. 28p.
PAGE 10
9731 McKelvey, Richard D. & Page, Talbot. An experimental study
of the effect of private information in the Coase Theorem.
25p.
9720 Malliaris, A.G. & Stein, Jerome L. Methodological issues in
asset pricing: random walk or chaotic dynamics?. 30p.
98-1 Ostergaard, Charlotte, Sorensen, Bent E. & Yosha, Oved.
Permanent income, consumption, and aggregate constraints:
evidence from U.S. states. 48p.
9725 Panagariya, Arvind & Krishna, Pravin. On the existence of
necessarily welfare-enhancing free trade areas. 17p.
97-9 Serrano, Roberto & Volij, Oscar. Abstract equilibria,
interactive choice sets and Walrasian allocations. 26p.
9718 Serrano, Roberto & Shimorura, Ken-Ichi. Beyond Nash
bargaining theory: the Nash set. 23p.
9714 Sorensen, Bent & Yosha, Oved. Federal insurance of U.S.
states: an empirical investigation. 18p.
9728 Stein, Jerome L. European union: convergence, balanced
growth and the steady state. 27p.
9724 Volij, Oscar. Communication, credible improvements and the
core of an economy with asymmetric information. 20p.
9712 Andersen, Torben G., Chung, Hyung-Jin & Sorensen, Bent E.
Efficienct method of moments estimation of a stochastic
volatility model: a Monte Carlo study. 32p.
9713 Buchinsky, Moshe & Leslie, Phillip. Educational attainment
and the changing U.S. wage structure: some dynamic
implications. 61p.
9710 Dagan, Nir, Serrano, Roberto & Volij, Oscar. Remarks on
McLennan & Sonnenschein "Sequential bargaining as a
non-cooperative foundation for Walrasian equilibrium. 4p.
9722 Feldman, Allan M. Probabilistic value of life vs.
deterministic value of time. 21p.
9711 Vohra, Rajiv. Incomplete information, incentive
compatibility and the core. 27p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9801 Courty, Pascal & Marschke, Gerald. An empirical
investigation of gaming responses to performance incentives.
45p.
9802 Holmes, James M. & Hutton, Patricia A. Individual
rationality and market failure: a defense of Keynesian
disequilibrium economics. 43p.
9804 Bhattacharya, Joydeep & Haslag, Joseph. Raising revenue: a
monetary policymaker's guide. 25p.
9803 Harwitz, Mitchell, et al. Optimal search on spatial paths
with recall: computational procedures and examples. 36p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
258 Mortimer, Rika Onishi. Demand for prescription drugs: the
effects of managed care pharmacy benefits. 57p.
259 Segal, Ilya. Contracting with externalities. 77p.
260 Hall, Bronwyn H., et al. Does cash flow cause investment
and R & D?: an exploration using panel data for French,
Japanese & U.S. scientific . 37p.
PAGE 11
261 Hall, Browyn H., Mairesse, Jacques & Mulkay, Benoit. Firm
level investment in France and the United States: an
axploration of what we have learned in twenty years. 46p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
95 Jeanne, Olivier & Masson, Paul. Was the French Franc crisis
a sunspot equilibrium?. 37p.
96 Obstfeld, Maurice & Peri, Giovanni. Regional nonadjustment
and fiscal policy: lessons for EMU. 73p.
99 Obstfeld, Maurice. Foreign resource inflows, saving, and
growth. 63p.
98 Obstfeld, Maurice. The global capital market: benefactor or
menace?. 36p.
100 Kletzer, Kenneth M. & Wright, Brian D. Sovereign debt as
intertemporal barter. 32p.
101 Obstfeld, Maurice. EMU: ready or not?. 42p.
97 Bardhan, Pranab, Bowles, Samuel & Gintis, Herbert. Wealth
inequality, wealth constraints and economic performance.
72p.
102 Eichengreen, Barry. International economic policy in the
wake of the Asian crisis. 41p.
103 Eichengreen, Barry. Does MERCOSUR need a single currency?.
47p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9722 Betts, Julian R. Do grading standards affect the incentive
to learn?. 44p.
9732 Betts, Julian R. The two-legged stool: the neglected role
of educational standards in improving America's public
schools. 36p.
9730 Burns, Patrick, Engle, Robert & Mezrich, Joseph.
Correlations and volatilities of asynchronous data. 17p.
9736 Cox, James C., Shachat, Jason & Walker, Mark. An experiment
to evaluate Bayesian learning of Nash equilibrium. 26p.
9719 Crawford, Vincent. Learning dynamics, lock-in, and
equilibrium selection in experimental coordination games.
35p.
9723 Den Haan, Wouter J., Ramey, Garey & Watson, Joel. Job
destruction and propagation of shocks. 55p.
9721 Gaviria, Alejandro & Raphael, Steven. School-based peer
effects and juvenile behavior. 27p.
9724 Granger, Clive W.J. & Jeon, Yongil. Measuring lag structure
in forecasting models: the introduction of time distance.
46p.
9729 Granger, Clive W.J. & Marmol, Francesc. The correlogram of
a long memory process plus a simple noise. 19p.
9727 Hamilton, James D. The supply and demand for federal
reserve deposits. 58p.
9728 Hamilton, James D. & Monteagudo, Josefina. The augmented
Solow model and the productivity slowdown. 24p.
9735 Hoffman, Elizabeth, Libecap, Gary & Shachat, Jason M. An
experimental investigation of the incentives to form
agricultural marketing pools. 43p.
PAGE 12
9726 Ramey, Garey & Watson, Joel. Contractual intermediaries.
44p.
9720 Rosenberg, Joshua V. & Engle, Robert F. Option hedging
using empirical pricing kernels. 34p.
9733 Shachat, Jason & Walker, Mark. Unobserved heterogeneity and
equilibrium: an experimental study of Bayesian and adaptive
learning in normal form ga. 68p.
9716 Shimoji, Makoto & Watson, Joel. Conditional dominance,
rationalizability, and game forms. 32p.
9718 Sobel, Joel. A model of declining standards. 14p.
9715 Sobel, Joel. On the dynamics of standards. 47p.
9725 Sobel, Joel. A re-examination of yardstick competition.
18p.
9731 Sullivan, Ryan, Timmermann, Allan & White, Halbert.
Data-snooping, technical rule performance, and the
bootstrap. 49p.
9717 Watson, Joel. Starting small and renegotiation. 39p.
9734 Wooders, John & Shachat, Jason M. On the irrelevance of
risk attitudes in repeated two-outcome games. 16p.
9815 Bansak, Cynthia & Raphael, Steven. Have employment
relationships in the United States become less stable?.
33p.
9804 Betts, Julian R. Educational crowding-out: do immigrants
affect the educational attainment of American minorities?.
44p.
9812 Deb, Partha, Ming, Xing & Trivedi, Pravin K. Moment-based
estimation of latent class models of event counts. 31p.
9808 Ejarque, Joao. Investment irreversibility and precautionary
savings in general equilibrium. 37p.
9806 Elliott, Graham & Ito, Takatoshi. Heterogeneous
expectations and tests of efficiency in the Yen/dollar
exchange rate market. 32p.
9803 Engle, Robert F. & Smith, Aaron D. Stochastic permanent
breaks. 63p.
9807 Engle, Robert F & Lunde, Asger. Trades and quotes: a
bivariate point process. 26p.
9802 Flavin, Marjorie & Yamashita, Takashi. Owner-occupied
housing and the composition of the household portfolio over
the life cycle. 42p.
9814 Gaviria, Alejandro. Increasing returns and the evolution of
violent crime: the case of Colombia. 38p.
9813 Gaviria, Alejandro. Intergenerational mobility, siblings'
inequality and borrowing constraints. 31p.
9801 Granger, Clive W.J. Extracting information from mega-panels
and high-frequency data. 24p.
9809 Granger, Clive W.J., Huang, Bwo-Nung & Yang, Chin Wei. A
bivariate causality between stock prices and exchange rates:
evidence from recent Asia flu. 21p.
9811 Lunde, Asger, Timmermann, Allan & Blake, David. The hazards
of mutual fund underperformance: a Cox regression analysis.
37p.
9805 Raphael, Steven, Stoll, Michael A. & Holzer, Harry J. Are
suburban firms more likely to discriminate against
African-Americans?. 38p.
PAGE 13
9810 Russell, Jeffrey R. & Engle, Robert F. Econometric analysis
of discrete-valued irregularly spaced financial transactions
data using a new autoregressive c. 31p.
9816 Sullivan, Ryan, Timmermann, Allan & White, Halbert. Dangers
of data-driven inference: the case of calendar effects in
stock returns. 53p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
3/98 Bohn, Henning. Risk sharing in a stochastic overlapping
generations economy. 44p.
4/98 Bohn, Henning. Should the social security trust fund hold
equities?: an intergenerational welfare analysis. 45p.
5/98 Bohn, Henning. Will social security and Medicare remain
viable as the U.S. population is aging?. 65p.
14/97 Danger, Kenneth L. & Frech, H.E. Exclusive contracts
between hospitals and physicians. 8p.
2/98 Ponti, Giovanni & Seymour, Robert M. Evolutionary stability
of inequality structures. 35p.
1/98 Yang, Der-Yuan. The origin of the Bank of England: a
credible commitment to sovereign debt. 10p.
6/98 Cabrales, Antonio & Ponti, Giovanni. Implementation,
elimination of weakly dominated strategies and evolutionary
dynamics. 34p.
11/98 Frech, H.E. Reform of fee-for-service Medicare: the
forgotten opportunity. 27p.
7/98 Garratt, Rod & Qin, Cheng-Zhong. On market games when
agents cannot be two places at once. 21p.
8/98 Pippenger, John. Modeling foreign exchange markets: stock
versus flow. 55p.
9/98 Shapiro, Perry & Petchey, Jeffrey. The coincidence of
collective and individual interests. 8p.
10/98 Shapiro, Perry & Petchey, Jeffrey. Policy harmonization in
integrated common factor markets. 36p.
14/98 Frech, H.E. & Mobley, Lee Rivers. Efficiency, growth and
concentration: an empirical analysis of hospital markets.
38p.
15/98 Funkhouser, Edward. Individual effects and estimation of
the motives to remit from international migration. 32p.
12/98 Hamermesh, Daniel S. & Trejo, Stephen J. The demand for
hours of labor: direct evidence from California. 26p.
13/98 Mobley, Lee Rivers & Frech, H.E. Managed care, distance
traveled, and hospital market definition. 37p.
16/98 Trejo, Stephen J. Intergenerational progress of
Mexican-origin workers in the U.S. labor market. 34p.
21/98 Constanides, George M., Donaldson, John B. & Mehra, Rajnish.
Junior can't borrow: a new perspective on the equity
premium puzzle. 34p.
25/98 Cottica, Alberto, De Propris, Lisa & Ponti, Giovanni.
Friends do matter: strategic uncertainty and vertical
contractual relations. 20p.
19/98 Kolstad, Charles D. Energy and deletable resources:
economics and policy, 1973-98. 31p.
22/98 Mehra, Rajnish & Sah, Raaj. Can small fluctuations in
investors' subjective preferences induce large volatility in
equity prices?. 27p.
PAGE 14
23/98 Mitchell, Glenn & Hunter, Gregory W. Options for compliance
with pollution control regulation: the relationship between
abatement costs and bankable per. 23p.
24/98 Moon, Hyungsik R. A note on fully-modified estimation of
seemingly unrelated regressions models with integrated
regressors. 7p.
18/98 Phillips, Peter C.B. & Moon, Hyungsik R. Linear regression
limit theory for nonstationary panel data. 54p.
17/98 Phillips, Peter C.B. & Moon, Hyungsik R. Nonstationary
panel data analysis: an overview of some recent
developments. 22p.
20/98 Ponti, Giovanni. Splitting the baby in two: how to solve
Solomon's Dilemma when agents are boundedly rational. 26p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
9805 Binder, Michael & Pesaran, Hashem. Optimal consumption
decisions under social interactions. 28p.
9733 Chatterjee, Kalyan & Sabourian, Hamid. Multiperson
bargaining and strategic complexity. 34p.
9732 Cook, Steven. A neglected controversy in the modelling of
consumers' expenditure. 17p.
9804 Hsiao, Cheng, Pesaran, Hashem & Tahmiscioglu, A. Kamil.
Bayes estimation of short-term coefficients in dynamic panel
data models. 38p.
9806 Hwang, Soosung & Satchell, Stephen E. Modelling emerging
market risk premia using higher moments. 36p.
9801 McNay, Kirsty, Humphries, Jane & Klasen, Stephan. Death and
gender in Victorian England and Wales: comparisons with
contemporary developing countries. 30p.
9731 Mason, Robin. Dividends, safety and liquidation when
liabilities are long-term and stochastic. 33p.
9734 Newberry, David M. Pool reform and competition in
electricity. 34p.
9735 Pedersen, Christian S. & Satchell, Steve E. Risk, utility
and switching between gambles. 37p.
9802 Pesaran, M. Hashem & Zhao, Zhongyun. Bias reduction in
estimating long-run relationships from dynamic heterogeneous
panels. 32p.
9803 van Garderen, Kees Jan, Lee, Kevin & Pesaran, Hashem.
Cross-sectional aggregation of non-linear models. 42p.
9808 Binder, Michael, Pesaran, M. Hashem & Samiei, S. Hossein.
Analytical and numerical solution of finite-horizon
nonlinear rational expectations models. 34p.
9810 Cardarelli, Roberto & Vidal, Jean-Pierre. Financial
integration and monetary competition. 38p.
9807 Kuo, George W. & Satchell, S.E. Global equity styles and
industry effects: portfolio construction via dummy
variables. 22p.
9809 Michel, Philippe & Vidal, Jean-Pierre. Economic integration
and growth under intergenerational financing of human
capital formation. 18p.
9815 Atkinson, A.B. & Sutherland, H. Microsimulation and policy
debate: a case study of the minimum pension guarantee in
Britain. 16p.
PAGE 15
9812 Garratt, Anthony, et al. A long-run structural
macroeconometric model of the U.K. 40p.
9811 Pesaran, M. Hashem & Smith, Ron P. Structural analysis of
cointegrating VARs. 33p.
9814 Solomou, Solomos & Catao, Luis. Effective exchange rates,
1879-1913. 24p.
9813 Solomou, Solomos & Wu, Weike. Weather impacts of the
construction sector, 1855-1913. 22p.
9816 Gastaldi, Francesca & Liberati, Paolo. Towards a two-rate
VAT in Italy: distributional and welfare effects. 42p.
9817 O'Donoghue, Cathal & Evans, Martin. Recasting safety nets:
reforming social assistance in Germany, Ireland and the
United Kingdom. 30p.
9819 Pedersen, C.S. & Satchell, S.E. Utility functions with
parameters depending on initial wealth. 17p.
9818 Pesaran, M. Hashem. Economic trends and macroeconomic
policies in post-revolutionary Iran. 36p.
BANK OF CANADA. Technical Reports.
80 Clinton, Kevin & Zelmer, Mark. Constraints on the conduct
of Canadian monetary policy in the 1990s: dealing with
uncertainty in financial markets. 55p.
81 Freedman, Charles. The Canadian banking system. 38p.
82 Freedman, Charles & Goodlet, Clyde. The financial services
sector: past changes and future prospects. 41p.
83 O'Reilly, Brian. The benefits of low inflation: taking
stock. 74p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9801 Gunby, Philip. Demon or saviour?: an assessment of the ISO
9000 quality assurance standards. 56p.
9802 Guthrie, Graeme & Wright, Julian. Market-implemented
monetary policy with open mouth operations. 34p.
9803 MacKinnon, James G., Haug, Alfred A. & Michelis, Leo.
Numerical distribution functions of likelihood ratio tests
for cointegration. 16p.
9805 Froyen, Richard T. & Guender, Alfred V. Alternative
monetary policy rules for small open economies. 39p.
9804 Gregory, Allan W. & Haug, Alfred A. Conflicts among tests
for cointegration. 8p.
9807 Barmby, Tim, Nolan, Michael & Winkelmann, Rainer.
Contracted workdays and absence. 8p.
9812 Ericsson, Neil R. & Marquez, Jaime. A framework for
economic forecasting. 48p.
9813 Mark, Nelson C. & Sul, Donggyu. Nominal exchange rates and
monetary fundamentals: evidence from a seventeen country
panel. 26p.
9806 Winkelmann, Liliana & Winkelmann, Rainer. The labour market
outcomes of New Zealand's old and new immigrants. 39p.
9810 Winkelmann, Rainer. The economic benefits of schooling in
New Zealand: comment and update. 8p.
9809 Winkelmann, Rainer. The labor market performance of
European immigrants in New Zealand in the 1980s and 1990s.
33p.
PAGE 16
9811 Winkelmann, Rainer. Random effects models for panel count
data. 19p.
9808 Winkelmann, Rainer & Zimmermann, Klaus F. Is job stability
declining in Germany?: evidence from count data models.
18p.
9814 Chib, Siddhartha & Winkelmann, Rainer. Bayesian analysis of
multivariate count data. 18p.
9815 Guthrie, Graeme A. Monetary conditions indices and the term
structure of interest rates. 23p.
9817 Papps, Kerry & Winkelmann, Rainer. Unemployment and crime:
new answers to an old question. 24p.
9816 Winkelmann, Rainer. The economic progress of Maori men
1986-1996. 18p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9711 Adda, Jerome & Cooper, Russell. Balludurette and Juppette:
a discrete analysis of scrapping subsidies. 48p.
9720 Aghion, Philippe, Banerjee, Abhijit & Piketty, Thomas.
Dualism and macroeconomic volatility. 46p.
9707 Askenazy, Philippe & Van, Cuong Le. A model of optimal
growth strategy. 36p.
9709 Beaudry, Paul & Blackorby, Charles. Taxes and employment
subsidies in an optimal redistribution program. 35p.
9713 Boyer, Robert. En quoi et pourquoi les theories
macro-economiques contemporaines sont-elles nouvelles?.
28p.
9719 Caroli, Eve, Greenan, Nathalie & Guellec, Dominique.
Organisational change and human capital accumulation. 28p.
9706 Clement, E., Gourieroux, C. & Monfort, A. Econometric
specification of the risk neutral valuation model. 37p.
9704 Cohen, Daniel. How will the Euro behave?. 27p.
9715 Cohen, Daniel. Growth and external debt: a new perspective
on the African and Latin American tragedies. 33p.
9705 Cohen, Daniel & Saint-Paul, Gilles. French unemployment: a
transatlantic perspective. 27p.
9717 Collard, Fabrice, Feve, Patrick & Perraudin, Corinne.
Variable labor adjustment costs and aggregate nonlinear
dynamics: simulation based estimation and testing with U.S..
32p.
9721 Deghdak, Messaoud & Florenzano, Monique. Decentralizing
Edgeworth equilibria in economies with many commodities.
15p.
9702 Dumenil, Gerard & Levy, Dominique. Being Keynesian in the
short term and classical in the long term: the traverse to
classical long term equilibrium. 34p.
9710 Duran, Jorge. On dynamic programming with unbounded
returns. 20p.
9716 Gourieroux, C., Tiomo, A. & Trognon, A. Composition des
portefeuilles des manages: une analyse scores sur donnees
Francaises. 53p.
9714 Gourieroux, Christian & Le Fol, Gaelle. Modes de
negociation et caracteristiques de marche. 38p.
9718 Hurlin, Christophe & Portier, Franck. Taux d'actualisation
public, distorsions fiscales et croissance: Modelisation et
application l'econ. francaise. 35p.
PAGE 17
9712 Laffargue, Jean-Pierre & Saint-Martin, Anne. Biais de
progres technique, imperfections de marche et inegalites en
France, de 1974 a 1993. 34p.
9701 Lambert-Mogiliansky, Ariane. Regulatory blackmail in
procurement relationships. 31p.
9703 Laskar, Daniel. Union monetaire a deux vitesses: asymetrie
du systeme de change entre pays membres et non membres.
38p.
9708 Piketty, Thomas. L'elasticite de la transition non-emploi -
emploi: une estimation pour le cas francais. 36p.
9806 Adda, Jerome & Eaton, Jonathan. Borrowing with unobserved
liquidity constraints: structural estimation with an
application to sovereign debt. 37p.
9802 Adda, Jerome & Robin, Jean-Marc. Estimation from
cross-sections of integrated time series. 13p.
9808 Amable, Bruno & Palombarini, Stefano. Technical change and
incorporated R & D in the service sector. 28p.
9722 Benassy, Jean-Pascal. On the optimality of activist
policies with a less informed government. 14p.
9804 Boyer, Robert. Evolution des modeles productifs et
hybridation: geographie, histoire et theorie. 62p.
9805 Boyer, Robert. Heurs et malheure de l'industrie Francaise:
1945-1995: essor et crise d'une variante etatique du modele
fordiste. 34p.
9807 Caroli, Eve. Formation et regimes de croissance dans cinq
economies de l'OCDE. 37p.
9803 Llinares, Juan Vicente. Abstract convexity, some relations
and applications. 22p.
9801 Llinares, Juan Vicente. Existence of equilibrium in
generalized games with non-convex strategy spaces. 15p.
9811 Amable, Bruno, Chatelain, Jean-Bernard & de Bandt, Olivier.
Stability versus efficiency on the banking sector and
economic growth. 21p.
9815 Feve, Patrick & Henin, Pierre-Yves. Assessing effective
sustainability of fiscal policy within the G-7. 32p.
9810 Feve, Patrick, Henin, Pierre-Yves & Jolivaldt, Philippe.
Feedback covariates unit root tests: an application to the
sustainability of fiscal policy. 36p.
9809 Peaucelle, Irina. Firms' innovation activity and patenting:
Russian case in mind. 26p.
9812 Piketty, Thomas. Les hauts revenus face aux modifications
des taux marginaux superieurs de l'impot sur le revenu en
France, 1970-199. 176p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9711 Amir, Eli & Benartzi, Shlomo. Accounting recognition of
additional minimum liability affects pension asset
allocation: empirical evidence. 40p.
9713 Amir, Eli, Kirschenheiter, Michael & Willard, Kristen. Firm
valuation with deferred taxes: a theoretical framework.
41p.
9712 Broadie, Mark, Glasserman, Paul & Kou, Steve. Connecting
discrete and continuous path-dependent options. 34p.
PAGE 18
9710 Heal, Geoffrey & Lin, Yun. The value of avoiding climate
change. 9p.
9714 Ohlson, James A. & Zhang, Xiao-Jun. On the theory of
forecast-horizon in equity valuation. 19p.
9715 Anderson, Ronald W., Pan, Yonghua & Sundaresan, Suresh.
Corporate bond yield spreads and the term structure. 45p.
9718 Browne, Sid. Beating a moving target: optimal portfolio
strategies for outperforming a stochastic benchmark. 21p.
9717 Browne, Sid. Stochastic differential portfolio games. 27p.
9719 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations and general equilibrium asset pricing: the
power of the peso. 36p.
9716 Nyborg, Kjell G., Rydqvist, Kristian & Sundaresan, Suresh.
Bidder behavior in multiple unit auctions: evidence from
Swedish Treasury auctions. 45p.
9724 Constantinides, George M., Donaldson, John B. & Mehra,
Rajnish. Junior can't borrow: a new perspective on the
equity premium puzzle. 34p.
9722 Edwards, Franklin R. & Zhang, Xin. Mutual funds and stock
and bond market stability. 45p.
9720 Heal, Geoffrey M. The economics of increasing returns.
19p.
9721 Himmelberg, Charles P., Hubbard, R. Glenn & Palia, Darius.
Understanding the determinants of managerial ownership and
the link between ownership and performance. 47p.
9723 Ohlson, James A. Revisiting the basics of return and risk
in equilibrium. 17p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9722 Dilling-Hansen, Mogena, et al. Firm productivity growth and
competition. 17p.
9719 Moraga-Gonzalez, Jose Luis. Quality uncertainty and
informative advertising. 28p.
9720 Poddar, Sougata & Sasaki, Dan. Advance production,
inventory, and asymmetric Cournot-Nash equilibrium. 13p.
9723 Raimondos-Moller, Pacalis & Woodland, Alan D. Tariff
strategies and small open economies. 22p.
9721 Sasaki, Dan. Strategic quality decisions by heterogeneously
informed suppliers. 24p.
9801 Martin, Stephen. Product market competition policy and
technological performance. 33p.
9802 Albaek, Svend & Schultz, Christian. On the relative
advantage of cooperatives. 8p.
9803 Albaek, Svend & Overgaard, Per B. Signalling and rent
extraction via contract proposals in franchising. 38p.
9804 Hertzendorf, Mark N. & Overgaard, Per B. Will the
high-quality producer please stand up?: a model of duopoly
signaling. 48p.
9805 Krishna, Kala & Tranaes, Torben. Allocating multiple units
by sealed-bid auctions. 39p.
9807 Amir, Rabah. Modelling imperfectly appropriable R & D via
spillovers. 14p.
9809 Amir, Rabah & Wooders, John. Effects of one-way spillovers
on market shares, industry price, welfare, and R & D
cooperation. 30p.
PAGE 19
9806 Amir, Rabah & Lambson, Val E. On the effects of entry in
Cournot markets. 31p.
9810 Amir, Rabah & Wooders, John. One-way spillovers, endogenous
innovator/imitator roles and research joint ventures. 31p.
9817 Bennedsen, Morten. Political ownership. 34p.
9816 Bennedsen, Morten. Public versus private ownership under
costly taxation. 19p.
9808 Dierker, Egbert & Grodal, Birgit. The price normalization
problem in imperfect competition and the objective of the
firm. 31p.
9820 Dilling-Hansen, Mogens, et al. Market structure, publicly
and privately financed R & D spending: empirical evidence
for Denmark. 25p.
9818 Groes, Ebbe, et al. Testing the intrasitivity explanation
of the Allais Paradox. 17p.
9812 Hollard, Guillaume. An asymmetric model of spatial
competition. 12p.
9814 Martin, Stephen. Strategic and welfare implications of
bundling. 7p.
9813 Mollgaard, H. Peter & Overgaard, Per B. Temporary
partnerships as an information transmission mechanism:
foreign investment in emerging markets. 25p.
9811 Moraga-Gonzalez, Jose Luis & Padron-Fumero, Noemi. The
adverse effects of environmental policy in green markets.
24p.
9819 Vincent, Stephanie. Sequential auctions with heterogeneous
bidders. 19p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9716 Ascari, Guido & Rankin, Neil. Staggered wages and
disinflation dynamics: what can more microfoundations tell
us?. 39p.
9715 Ejrnaes, Mette & Persson, Karl Gunnar. Market integration
and grain price stabilization in Europe 1500-1900: an
equilibrium error correction approach. 61p.
9717 Garfiel, Sophus & Knudsen, Ulrik V. An eclectic negotiation
theory of trade policy behaviour. 28p.
9720 Guinnane, Timothy W. Cooperatives as information machines:
German rural credit cooperatives, 1883 to 1914. 35p.
9719 Hansen, Claus Thustrup. Second best antitrust in general
equilibrium: a special case. 23p.
9714 Hansen, Claus Thustrup & Tranaes, Torben. Effort commitment
in active labour market programmes: consequences for
participation incentives & wage formation. 35p.
9722 Nielsen, Carsten K. Floating exchange rates versus a
monetary union under rational beliefs: the role of
endogenous uncertainty. 53p.
9713 Roberts, Mark A., Staehr, Karsten & Tranaes, Torben.
Two-stage bargaining with coverage extension in a dual
labour market. 27p.
9718 Juselius, Katarina. Changing monetary transmission
mechanisms within the EU. 32p.
9721 Juselius, Katarina. Do prices move together in the long
run?: An I(2) analysis of six price indices. 20p.
PAGE 20
9725 Guinnane, Timothy W. & Henriksen, Ingrid. Why Danish credit
cooperatives were so unimportant. 46p.
9801 McIntosh, James & Sims, William A. Duality theory and the
consistent estimation of technological parameters: why cost
function estimation can be wrong. 11p.
9802 McIntosh, James. Wage determination and employment in
traditional agriculture. 18p.
9723 O'Grada, Cormac. The great Irish famine: witness and
losers. 37p.
9724 O'Grada, Cormac. Immigrants, savers, and runners: the
Emigrant Industrial Savings Bank in the 1850s. 31p.
9803 Aloi, Marta, Dixon, Huw D. & Lloyd-Braga, Teresa.
Endogenous fluctuations in an open economy with increasing
returns to scale. 33p.
9805 Beyer, Andreas. Monetary transmission in Germany: evidence
from a structural econometric model. 34p.
9806 Tarp, Finn, et al. Danish aid policy: theory and empirical
evidence. 43p.
9807 Beyer, Andreas. European money demand and the role of UK
for its stability: a cointegration analysis. 31p.
9808 Hansen, Claus T. & Jacobsen, Hans J. Duration dependent
unemployment benefits in trade union theory. 28p.
9810 Hansen, Claus T. & Kyhl, Soren. Pay-per-view television:
consequences of a ban. 25p.
9809 Pedersen, Torben M. The Hodrick-Prescott filter, the
Slutsky effect, and the distortionary effect of filters.
17p.
9813 Araki, Huzihiro & Hansen, Frank. Jensen's operator
inequality for functions of several variables. 12p.
9812 Beyer, Andreas. Encompassing the VAR: a formalization of
seasonal encompassing with an application of a German
macromodel. 22p.
9804 Ejarque, Joao & Tranaes, Torben. Skill-neutral shocks and
institutional changes: implications for productivity growth
and wage dispersion. 39p.
9811 Menezes, Flavio M., Monteiro, Paulo K. & Temimi, Akram.
Discrete public goods with incomplete information. 17p.
9816 Ghatak, Maitreesh & Guinnane, Timothy W. The economics of
lending with joint liability: theory and practice. 33p.
9814 Hansen, Per Svejstrup & Kaarboe, Oddvar M. Equilibrium
selection and the rate of convergence in coordination games
with simultaneous play. 29p.
9815 Jacobsen, Hans J. Endogenous firm and endogenous business
cycles. 25p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1170 Brown, Donald J. & Shannon, Chris. Uniqueness, stability,
and comparative statics in rationalizable Walrasian markets.
16p.
1169 Hall, George J. Non-convex costs and capital utilization: a
study of production scheduling at automobile assembly
plants. 37p.
1171 Shiller, Robert J. Indexed units of account: theory and
assessment of historical experience. 25p.
PAGE 21
1175 Brown, Donald J. & Matzkin, Rosa L. Estimation of
nonparametric functions in simultaneous equations models,
with an application to consumer demand. 18p.
1173 Herings, P. Jean-Jacques & Vannetelbosch, Vincent J. The
equivalence of the Dekel-Fudenberg iterative procedure and
weakly perfect rationalizability. 11p.
1176 Moscarini, Giuseppe & Smith, Lones. Wald revisited: the
optimal level of experimentation. 36p.
1172 Shiller, Robert J. Human behavior and the efficiency of the
financial system. 33p.
1174 Shubik, Martin. Some simple games for teaching and
research, part 1: cooperative games. 17p.
1182 Park, Joon Y & Phillips, Peter C.B. Asymptotics for
nonlinear transformations of integrated time series. 26p.
1180 Phillips, Peter C.B. Econometric analysis of Fisher's
equation. 33p.
1181 Phillips, Peter C.B & Park, Joon Y. Nonstationary density
estimation and kernel autoregression. 24p.
1179 Shiller, Robert. Designing indexed units of account. 18p.
1177 Shiller, Robert & Weiss, Allan N. Moral hazard in home
equity conversion. 25p.
1183 Geanakoplos, J., et al. A strategic market game with active
bankruptcy. 41p.
1184 Shubik, Martin. Game theory, complexity and simplicity,
part III: critique and prospective. 25p.
1178 Grant, Simon, Kajii, Atsushi & Polak, Ben. On the Skiadis
"conditional preference approach" to choice under
uncertainty. 11p.
1186 Lewbel, Arthur & Linton, Oliver B. Nonparametric censored
regression. 25p.
1185 Shiller, Robert J. Social security and institions for
intergenerational, intragenerational, and international risk
sharing. 36p.
1188 Tobin, James. Financial globalization: can national
currencies survive?. 23p.
1187 Tobin, James. Monetary policy: recent theory and practice.
8p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1765 Abowd, John M., Corbel, Patrick & Kramarz, Francis. The
entry and exit of workers and the growth of employment: an
analysis of French establishments. 47p.
1760 Anderson, Kym & Francois, Joseph F. Commercial links
between Western Europe and East Asia: retrospect and
prospects. 29p.
1763 Ascari, Guido & Rankin, Neil. Staggered wages and
disinflation dynamics: what can more microfoundations tell
us?. 39p.
1764 Barros, Pedro Pita. Approval rules for sequential
horizontal mergers. 21p.
1775 Booth, Alison L., Jenkins, Stephen P. & Serrano, Carlos
Garcia. New men and new women?: a comparison of paid work
propensities from a panel data perspective. 32p.
PAGE 22
1754 Bulow, Jeremy & Klemperer, Paul. The winner's curse and the
failure of the law of demand. 33p.
1753 Cohen, Daniel. Growth and external debt: a new perspective
on the African and Latin American tragedies. 33p.
1767 de Crombrugghe, Alain. Wage and pension pressure on the
Polish budget. 48p.
1766 de Crombrugghe, Alain & de Walque, Gregory. Fiscal norming
of wages to promote employment with monopoly unions. 25p.
1755 de la Fuente, Angel. Fiscal policy and growth in the OECD.
61p.
1756 de la Fuente, Angel & Vives, Xavier. The sources of Irish
growth. 23p.
1736 Earle, John S. & Estrin, Saul. After voucher privatization:
the structure of corporate ownership in Russian
manufacturing industry. 140p.
1761 Entorf, Horst, Gollac, Michel & Kramarz, Francis. New
technologies, wages and worker selection. 35p.
1773 Grafe, Clemens & Wyplosz, Charles. The real exchange rate
in transition economies. 39p.
1774 Hassler, John & Lindbeck, Assar. Intergenerational risk
sharing, stability and optimality of alternative pension
systems. 45p.
1770 Konings, Jozef. Competition & firm performance in
transition economies: evidence from firm level surveys in
Slovenia, Hungary & Rom. 30p.
1757 Lizal, Lubomir, Singer, Miroslav & Svejnar, Jan. Enterprise
breakups and performance during the transition. 31p.
1769 Marimon, Ramon & Zilibotti, Fabrizio. Unemployment versus
mismatch of talents: reconsidering unemployment benefits.
43p.
1768 Medrano, Luis Angel & Vives, Xavier. Strategic behaviour
and price discovery. 61p.
1759 Persson, Torsten & Tabellini, Guido. Political economics
and macroeconomic policy. 101p.
1747 Sinn, Hans-Werner & Feist, Holger. Eurowinners and
Eurolosers: the distribution of seigniorage wealth in EMU.
27p.
1758 Smets, Frank & Tsatsaronis, Kostas. Why does the yield
curve predict economic activity?: dissecting the evidence
for Germany and the United States. 34p.
1771 Wall, Howard J. & Zoega, Gylfi. The British Beveridge
curve: a tale of ten regions. 27p.
1772 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Is the price level determined by the needs of fiscal
solvency?. 37p.
1779 Danthine, Jean-Pierre, Donaldson, John B. & Johnsen, Thore.
Productivity growth, consumer confidence and the business
cycle. 43p.
1792 De Fraja, Gianni. The design of optimal education policies.
53p.
1790 Degeorge, Francois, Patel, Jayendu & Zeckhauser, Richard.
Earnings management to exceed thresholds. 52p.
1783 De Grauwe, Paul, Dewachter, Hans & Veestraeten, Dirk.
Stochastic process switching and stage III of EMU. 44p.
PAGE 23
1794 de la Fuente, Angel. Convergence equations and income
dynamics: the sources of OECD convergence, 1970-95. 18p.
1796 Epstein, Gil S., Hillman, Arye L. & Weiss, Avi. Creating
illegal immigrants. 31p.
1791 Golder, Stefan M. & Straubhaar, Thomas. Migration to
Switzerland: some new evidence. 57p.
1784 Grossman, Gene M. & Maggi, Giovanni. Free trade versus
strategic trade: a peek into Pandora's box. 28p.
1787 Herrendorf, Berthold & Neumann, Manfred J.M. The political
economy of inflation and central bank independence. 27p.
1786 Keuschnigg, Christian & Kohler, Wilhelm. Eastern
enlargement of the EU: how much is it worth for Australia?.
24p.
1795 Lettau, Martin. Idiosyncratic risk and volatility bounds,
or, can models with idiosyncratic risk solve the equity
premium puzzle?. 30p.
1793 Lutz, Stefan, Lyon, Thomas P. & Maxwell, John W. Strategic
quality choice with minimum quality standards. 20p.
1780 Mitchell, Janet. Strategic creditor passivity, regulation
and bank bailouts. 39p.
1782 Puga, Diego & Venables, Anthony J. Agglomeration and
economic development: import substitution versus trade
liberalization. 36p.
1777 Rajan, Raghuram G. & Zingales, Luigi. Power in a theory of
the firm. 44p.
1776 Rodrik, Dani. Democracies pay higher wages. 12p.
1789 Rodrik, Dani. Where did all the growth go?: external
shocks, social conflict and growth collapses. 50p.
1788 Roller, Lars-Hendrik & Sickles, Robin C. Capacity and
product market competition: measuring market power in a
`fat-cat' industry. 26p.
1785 van Rixtel, Adrian A.R.J.M. & Hassink, Wolter H.J.
Monitoring the monitors: Amakudari and the ex-post
monitoring of private banks. 31p.
1778 Zingales, Luigi. Survival of the fittest of the fattest:?
exit and financing in the trucking industry. 48p.
1833 Acemoglu, Daron & Pischke, Jorn-Steffen. The structure of
wages and investment in general training. 25p.
1797 Acemoglu, Daron & Robinson, James A. Why did the West
extend the franchise?: democracy, inequality and growth in
historical perspective. 33p.
1836 Artis, Michael & Marcellino, Massimiliano. Fiscal solvency
and fiscal forecasting in Europe. 41p.
1845 Baldwin, Richard E. Agglomeration and endogenous capital.
30p.
1803 Baldwin, Richard E., Martin, Philippe & Ottaviano, Gianmarco
I.P. Global income divergence, trade and industrialization:
the geography of growth take-offs. 44p.
1851 Baldwin, Richard E. & Ottaviano, Gianmarco I.P.
Multiproduct multinationals and reciprocal dumping. 22p.
1850 Boeri, Tito. Enforcement of employment security
regulations, on-the-job search and unemployment duration.
30p.
1846 Bottazzi, Laura & Manasse, Paolo. Bankers' versus workers'
Europe (1): adverse selection in EMU. 40p.
PAGE 24
1840 Bover, Olympia, Arelano, Manuel & Bentolila, Samuel.
Unemployment duration, benefit duration and the business
cycle. 57p.
1831 Buiter, Willem H. Notes on `A Code for Fiscal Stability'.
15p.
1799 Buiter, Willem H. The young person's guide to neutrality,
price level indeterminacy, interest rate pegs and fiscal
theories of the pr. 45p.
1830 Burgess, Simon & Propper, Carol. An economic model of
household income dynamics, with an application to poverty
dynamics among American women. 76p.
1847 Cukierman, Alex & Lippi, Francesco. Central bank
independence, centralization of wage bargaining, inflation
and unemployment: theory and evidence. 53p.
1819 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations and general equlibrium asset pricing: the power
of the peso. 36p.
1834 De Grauwe, Paul. The risk of deflation in the future EMU:
lessons of the 1990s. 22p.
1842 Demertzis, Maria, Hughes-Hallett, Andrew & Viegi, Nicola.
Independently blue?: accountability and independence in the
new European Central Bank. 69p.
1804 Dornbusch, Rudiger, Favaro, Carlo A. & Giavazzi, Francesco.
A red letter day?. 52p.
1818 Driffill, John, Meschi, Meloria & Ulph, Alistair. Product
market integration and wages: evidence from a cross-section
of manufacturing establishments in the United K. 27p.
1853 Eckstein, Zvi & Weiss, Yoram. The absorption of
highly-skilled immigrants: Israel, 1990-95. 59p.
1809 Eichengreen, Barry & Ritschl, Albrecht. Winning the war,
losing the peace?: Britain's post-war recovery in a West
German mirror. 32p.
1849 Ellison, Martin & Scott, Andrew. Sticky prices and volatile
output: or when is a Phillips curve not a Phillips curve?.
25p.
1811 Epstein, Gil S. & Hillman, Arye L. Herd effects and
migration. 27p.
1815 Epstein, Gil S., Hillman, Arye L. & Ursprung, Heinrich W.
The king never emigrates: political culture and the
reluctant international movement of people. 28p.
1852 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
1812 Fehr, Ernst & Schmidt, Klaus M. A theory of fairness,
competition and cooperation. 41p.
1817 Foucault, Thierry. Order flow composition and trading costs
in dynamic limit order markets. 43p.
1813 Francois, Joseph F. & Nelson, Douglas. A geometry of
specialization. 38p.
1807 Grossbard-Schechtman, Shoshana & Neuman, Shoshana. The
extra burden of Moslem wives: clues from Israeli women's
labor supply. 36p.
1844 Gylfason, Thorvaldur. Privatization, efficiency and
economic growth. 27p.
1827 Hassler, John & Rodriguez Mora, Jose V. IQ, social mobility
and growth. 41p.
PAGE 25
1824 Hautcouer, Pierre-Cyrille & Sicsic, Pierre. Threat of
capital levy, expected devaluation and interest rates in
inter-war France. 30p.
1843 Hughes-Hallett, Andrew & McAdam, Peter. Large scale fiscal
retrenchments: long-run lessons from the stability pact.
37p.
1805 Hunt, Jennifer. The transition in East Germany: when is a
ten point fall in the gender wage gap bad news?. 35p.
1826 Karanassou, Marika & Snower, Dennis J. How labour market
flexibility affects unemployment: long-term implications of
the chain reaction theory. 23p.
1798 Lau, Lawrence J., Qian, Yingyi & Roland, Gerard. Reform
without losers: an interpretation of China's dual-track
approach to transition. 39p.
1800 Levine, Paul & Pearlman, Joseph. Monetary union: the ins
and outs of stategic delegation. 47p.
1825 Lindbeck, Assar & Snower, Dennis J. The division of labour
within firms. 11p.
1822 Ludema, Rodney D. & Wooton, Ian. Economic geography and the
fiscal effects of regional integration. 34p.
1841 Martin, Philippe. Public policies, regional inequalities
and growth. 22p.
1829 Melitz, Jacques & Zumer, Frederic. Regional redistribution
and stabilization by the Centre in Canada, France, the
United Kingdom and the United States. 34p.
1820 Miller, Marcus H. & Zhang, Lei. Sovereign liquidity crises:
the strategic case for a payments standstill. 30p.
1848 Olarreaga, Marcelo & Soloaga, Isidro. Endogenous tariff
formation: the case of MERCOSUR. 39p.
1802 Proudman, James & Redding, Stephen. Persistence and
mobility in international trade. 29p.
1837 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Channeling
domestic savings into productive investment under asymmetric
information: the essential role of foreign . 23p.
1823 Soderlind, Paul. Extracting expectations about 1992 U.K.
monetary policy from option prices. 23p.
1821 Vinals, Jose. Monetary policy and inflation: from theory to
practice. 39p.
1808 Wigger, Berthold U. & von Weizsacker, Robert K. Risk,
resources and education. 18p.
1859 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
1854 Burgess, Simon & Profit, Stefan. Externalities in the
matching of workers and firms in Britain. 33p.
1838 Cao, Yuanzheng, Qian, Yingyi & Weingast, Barry R. From
federalism, Chinese style, to privatization, Chinese style.
38p.
1863 Cordella, Tito & Grilo, Isabel. `Globalization' and
relocation in a vertically differentiated industry. 18p.
1810 Dixon, Huw David. Keeping up with the Joneses: competition
and the evolution of collusion in an oligopolistic economy.
24p.
1861 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
PAGE 26
1832 Eckstein, Zvi, Mira, Pedro & Wolpin, Kenneth I. A
quantative analysis of Swedish fertility dynamics,
1751-1990. 33p.
1866 Edison, Hali J., Luangaram, Pongsak & Miller, Marcus. Asset
bubbles, domino effect and "lifeboats": elements of the East
Asian crisis. 38p.
1828 Eichengreen, Barry & Rose, Andrew K. Staying afloat when
the wind shifts: external factors and emerging-market
banking crises. 45p.
1856 Falkinger, Josef & Zweimuller, Josef. Learning for
employment, innovating for growth. 24p.
1864 Fischer, Andreas M. & Zurlinden, Mathias. Interventions
versus customer transactions: an alternative test of the
signalling hypothesis. 27p.
1872 Flandreau, Marc, Le Cacheux, Jacques & Zumer, Frederic.
Stability without a pact?: lessons from the European gold
standard, 1880-1914. 54p.
1862 Geroski, Paul A. An applied econometrician's view of large
company performance. 38p.
1867 Geroski, Paul A., Small, Ian & Walters, Chris F.
Agglomeration economies, technology spillovers and company
productivity growth. 40p.
1814 Green, Richard & McDaniel, Tanga. Competition in
electricity supply: will `1998' be worth it?. 36p.
1857 Greenaway, David & Torstensson, Johan. Economic geography,
comparative advantage and trade within industries: evidence
from the OECD. 23p.
1873 Habib, Michael A. & Ljungqvist, Alexander P. Headline
underpricing and entrepreneurial wealth losses in IPOs:
theory and evidence. 38p.
1858 Herrendorf, Berthold, Valentinyi, Akos & Waldmann, Robert.
Ruling out indeterminacy: the role of heterogeneity. 27p.
1865 Honohan, Patrick. Does PPP-adjusted data exaggerate the
relative size of poor economies?. 29p.
1839 Konings, Jozef & Repkin, Alexander. How efficient are firms
in transition countries: firm-level evidence from Bulgaria
and Romania. 26p.
1860 Konings, Jozef, Vandenbussche, Hylke & Veugelers, Reinhilde.
Union wage bargaining and European antidumping policy in
imperfectly competitive markets. 31p.
1835 Lizal, Lubomir & Svejnar, Jan. Enterprise investment during
the transition: evidence from Czech panel data. 47p.
1801 Rajan, Raghuram G., Servaes, Henri & Zingales, Luigi. The
cost of diversity: the diversification discount and
inefficient investment. 50p.
1870 Ritter, Peer & Walz, Uwe. Local unemployment and
specialization. 28p.
1871 Sinn, Hans-Werner. European integration and the future of
the welfare state. 18p.
1806 Zingales, Luigi. Corporate governance. 20p.
1855 Zweimuller, Josef & Brunner, Johann K. Innovation and
growth with rich and poor consumers. 23p.
1889 Bacchetta, Philippe & van Wincoop, Eric. Capital flows to
emerging markets: liberalization, overshooting and
volatility. 37p.
PAGE 27
1879 Barrett, Alan & O'Connell, Philip J. Does training
generally work?: the returns to in-company training. 19p.
1892 Bernard, Henri & Gerlach, Stefan. Does the term structure
predict recessions?: the international evidence. 26p.
1877 Bilal, Sanoussi, Grether, Jean-Marie & de Melo, Jaime.
Determinants of attitudes towards immigration: a
trade-theoretic approach. 38p.
1881 Burda, Michael. The consequences of EU enlargement for
Central and East European labour markets. 37p.
1869 Burda, Michael & Mertens, Antje. Wages and worker
displacement in Germany. 32p.
1878 Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo. Can
bilateralism ease the pains of multilateral trade
liberalization?. 18p.
1899 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
Fiscal discipline and exchange rate regimes. 34p.
1886 Cordella, Tito & Yeyati, Eduaro Levy. Public disclosure and
bank failures. 26p.
1896 Darby, Julia, et al. The impact of exchange rate
uncertainty on the level of investment. 38p.
1890 Darvas, Zsolt M. Spurious correlation in exchange rate
target zone modelling: testing the drift adjustment method
on the U.S. dollar. 42p.
1883 Djankov, Simeon & Hoekman, Bernard. Avenues of technology
transfer: foreign investment and productivity change in the
Czech Republic. 21p.
1898 Eichengreen, Barry & Jeanne, Olivier. Currency crisis and
unemployment: sterling in 1931. 58p.
1888 Gehrig, Thomas, Regibeau, Pierre & Rockett, Kate. Project
evaluation and organizational form. 30p.
1882 Hoekman, Bernard, Konon, Denise & Maskus, Keith. An
Egypt-United States free trade agreement: economic
incentives and effects. 35p.
1895 Ichino, Andrea & Winter-Ebmer, Rudolf. The long-run
educational cost of World War II: an example of local
average treatment effect estimation. 30p.
1884 Lettau, Martin. Inspecting the mechanism: the determination
of asset prices in the real business cycle model. 28p.
1875 Marcet, Albert & Nicolini, Juan Pablo. Recurrent
hyperinflations and learning. 42p.
1885 Nielsen, Lars T & Vassalou, Maria. Performance measures for
dynamic portfolio management. 36p.
1816 Rabick, Marcus E. The importance of networks in the market
for university graduates in Japan: a longitudinal analysis
of hiring patte. 33p.
1891 Schnitzer, Monika. Expropriation and control rights: a
dynamic model of foreign direct investment. 30p.
1880 Zweimuller, Josef. Schumpeterian entrepreneurs meet Engel's
law: the impact of inequality on innovation-driven growth.
31p.
1922 Anton, James J., Vander Weide, James H. & Vettas, Nikolaos.
Strategic pricing and entry under universal service and
cross-market price constraints. 33p.
1941 Artis, Michael, Mizen, Paul & Kontolemis, Zenon. Inflation
targeting: what can the European Central Bank learn from the
recent experience of the Bank of England?. 21p.
PAGE 28
1926 Artis, Michael, Kohler, Marion & Melitz, Jacques. Trade and
the number of optimum currency areas in the world. 48p.
1927 Attanasio, Orazio P., Guiso, Luigi & Jappelli, Tullio. The
demand for money, financial innovation and the welfare cost
of inflation: an analysis with households' data. 50p.
1932 Bayoumi, Tamim & MacDonald, Ronald. Deviations of exchange
rates from purchasing power parity: a story featuring two
monetary unions. 20p.
1893 Beetsma, Roel M.W.J. & Schotman, Peter C. Measuring risk
attitudes in a natural experiment: data from the television
game show Lingo. 45p.
1955 Benabou, Roland & Ok, Efe A. Social mobility and the demand
for redistribution: the POUM hypothesis. 32p.
1906 Bennett, John & Dixon, Huw David. Monetary policy and
credit in China: a theoretical analysis. 23p.
1925 Bertocchi, Graziella & Spagat, Michael. The evolution of
modern educational systems: technical vs. general education,
distributional conflict and growth. 35p.
1911 Blau, David M. & Riphahn, Regina T. Labour force
transitions of older married couples in Germany. 39p.
1950 Boot, Arnoud W.A., Milbourn, Todd T. & Thakor, Anjan V.
Expansion of banking scale and scope: don't banks know the
value of focus?. 29p.
1949 Boot, Arnoud W.A. & Schmeits, Anjolein. Market discipline
and incentive problems in conglomerate banks. 38p.
1909 Bottazzi, Laura & Manasse, Paolo. Workers' versus bankers'
Europe (II): policy externalities and credibility in EMU.
26p.
1905 Bouckhaert, Jan & Degryse, Hans. Price competition between
an expert and a non expert. 29p.
1946 Brown, Annette N. & Brown, J. David. Does market structure
matter?: new evidence from Russia. 36p.
1868 Burkart, Mike, Gromb, Denis & Panunzi, Fausto. Block premia
in transfers of corporate control. 36p.
1945 Cameron, Gavin & Muellbauer, John. The housing market and
regional commuting and migration choices. 49p.
1923 Campbell, John Y., Kim, Sangjoon & Lettau, Martin.
Dispersion and volatility in stock returns: an empirical
investigation. 25p.
1953 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. The
fall in consumption from being unemployed in Spain and
Portugal. 20p.
1954 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. A
tale of two neighbour economies: labour market dynamics in
Spain and Portugal. 39p.
1908 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules and macroeconomic stability: evidence and some
theory. 35p.
1939 Cordella, Tito & Yeyati, Eduaro Levy. Financial opening,
deposit insurance and risk in a model of banking
competition. 42p.
1931 Cordella, Tito & Grilo, Isabel. `Social dumping' and
relocation: is there a case for imposing a social clause?.
34p.
PAGE 29
1924 de la Fuente, Angel. What kind of regional convergence?.
33p.
1938 Dessus, Sebastien & Suwa-Eisenmann, Akiko. Trade
integration with Europe, export diversification and economic
growth in Egypt. 30p.
1935 Dixit, Avinash, Grossman, Gene M. & Gul, Faruk. A theory of
political compromise. 45p.
1929 Driffill, John & Miller, Marcus. No credit for transition:
the Maastrict Treaty and German unemployment. 26p.
1942 Dustmann, Christian & Preston, Ian. Attitudes to ethnic
minorities, ethnic context and location decisions. 33p.
1904 Eichengreen, Barry & Kohl, Richard. The external sector,
the state and development in Eastern Europe. 65p.
1913 Fernandez, Raquel. Education and borrowing constraints:
tests vs. prices. 34p.
1952 Fischer, Peter A., et al. Why do people stay? the insider
advantages approach: empirical evidence from Swedish labour
markets. 55p.
1944 Flood, Robert P. & Rose, Andrew K. Understanding exchange
rate volatility without the contrivance of macroeconomics.
18p.
1919 Francois, Joseph F. & Nelson, Douglas. Trade, technology
and wages: general equilibrium mechanics. 25p.
1897 Garner, Thesia I. & Terrell, Katherine. A Gini
decomposition analysis of inequality in the Czech and Slovak
Republics during the transition. 26p.
1894 Gehrig, Thomas. Cities and the geography of financial
centres. 45p.
1947 Glick, Reuven & Rose, Andrew K. Contagion and trade: why
are currency crises regional?. 27p.
1900 Gylfason, Thorvaldur, Herbertsson, Truggvi T. & Zoega,
Gylfi. Ownership and growth. 22p.
1937 Haaland, Jan I. & Wooton, Ian. International competition
for multinational investment. 28p.
1917 Harhoff, Dietmar & Korting, Timm. Lending relationships in
Germany: empirical results from survey data. 34p.
1902 Haskel, Jonathan & Sanchis, Amparo. A bargaining model of
Farrell inefficiency. 27p.
1907 Haskel, Jonathan & Heden, Ylva. Computers and the demand
for skilled labour: industry and establishment-level panel
evidence for the United Kingdom. 11p.
1940 Haskel, Jonathan & Slaughter, Matthew J. Does the sector
bias of skill-based technical change explain changing wage
inequality?. 41p.
1910 Hege, Ulrich & Viala, Pascale. Contentious contracts. 32p.
1930 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
1936 Huizinga, Harry & Nielsen, Soren Bo. Is coordination of
fiscal deficits necessary?. 23p.
1934 James, Sallie & Anderson, Kym. On the need for more
economic assessment of quarantine/SPS policies. 30p.
1901 Keely, Louise C. & Quah, Danny. Technology in growth. 36p.
1887 Keuschnigg, Christian. Venture capital: a case for
investment promotion. 44p.
PAGE 30
1928 Konings, Jozef & Walsh, Patrick P. Disorganization in the
transition process: firm-level evidence from Ukraine. 31p.
1918 Manove, Michael & Padilla, A. Jorge. Banking
(conservatively) with optimists. 33p.
1943 Miles, David & Iben, Andreas. The reform of pension
systems: winners and losers across generations. 28p.
1921 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
reversals and currency crises: empirical regularities. 52p.
1916 Neary, J. Peter & O'Sullivan, Paul. Beat 'em or join 'em?:
export subsidies versus international research joint
ventures in oligopolistic markets. 36p.
1915 Neuman, Shoshana & Oaxaca, Ronald L. Estimating labour
market discrimination w/ selectivity corrected wage
equations : methodological considerations and. 30p.
1912 Neven, Damien J., Roller, Lars-Hendrik & Zhang, Zhentang.
Union power and product market competition: evidence from
the airline industry. 24p.
1951 O'Donoghue, Ted & Zweimuller, Josef. Patents in a model of
endogenous growth. 42p.
1903 Ottaviano, Gianmarco & Thisse, Jacques-Francois.
Agglomeration and trade revisited. 35p.
1874 Padoa Schioppa Kostoris, Fiorella. Economic policy and
reforms in contemporary Italy. 72p.
1920 Rotte, Ralph & Vogler, Michael. Determinants of
international migration: empirical evidence for migration
from developing countries to Germany. 40p.
1933 Strutt, Anna & Anderson, Kym. Will trade liberalization
harm the environment?: the case of Indonesia 2000. 34p.
1914 Thisse, Jacques-Francois, Jellal, Mohamed & Zenou, Yves.
Deand uncertainty, mismatch and (un)employment: a
microeconomic approach. 21p.
1961 Venables, Anthony J. The international division of
industries: clustering and comparative advantage in a
multi-industry model. 26p.
1957 Zigic, Kresimir. Strategic trade policy: how important is
the informational constraint?: the case of optimal tariff
when technologic. 34p.
1974 Audretsch, David B. Agglomeration and the location of
innovative activity. 28p.
1962 Bacchetta, Philippe & van Wincoop, Eric. Does exchange rate
stability increase trade and capital flows?. 40p.
1970 Bayoumi, Tamim. Estimating trade equations from aggregate
bilateral data. 36p.
1982 Bayoumi, Tamim & Eichengreen, Barry. Exchange rate
volatility and intervention: implications of the theory of
optimum currency areas. 23p.
1975 Beetsma, Roel M.W.J & Bovenberg, A. Lans. The optimality of
a monetary union without a fiscal union. 43p.
1956 Begg, David. Pegging out: lessons from the Czech exchange
crisis. 29p.
1958 Bentolila, Samuel & Saint-Paul, Gilles. Explaining
movements in the labour share. 58p.
1965 Booth, Alison L., Francesconi, Marco & Frank, Jeff. Glass
ceilings or sticky floors?. 34p.
PAGE 31
1983 Bovenberg, A. Lans, Graafland, Johan J. & de Mooij, Rudd A.
Tax reform and the Dutch labour market: an applied general
equilibrium approach. 100p.
1971 Cornelli, Francesca & Schankerman, Mark. Patent renewals
and R & D incentives. 28p.
1967 Faure-Grimaud, Antoine, Laffont, Jean-Jacques & Martimort,
David. A theory of supervision with endogenous transactions
costs. 40p.
1980 Feldman, Maryann P. & Audretsch, David B. Innovation in
cities: science-based diversity, specialization and
localized competition. 31p.
1964 Fischer, Andreas & Zurlinden, Mathias. Are interventions
self-exciting?. 24p.
1966 Flabbi, Luca & Ichino, Andrea. Productivity, seniority and
wages: new evidence from personnel data. 24p.
1959 Fontagne, Lionel, Freudenberg, Michael & Peridy, Nicholas.
Intra-industry trade and the single market: quality matters.
40p.
1972 Galor, Oded & Moav, Omer. Ability based technological
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1981 Galor, Oded & Weil, David N. Population, technology and
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