Acquisitions - January-December 2002
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
139 Cavounidis, Jennifer. Migration in Southern Europe and the
case of Greece. 34p.
137 Kandel, Anatoly F. & Tsionas, Efthymios G.
Entrepreneurship: getting nonnormality right. 36p.
140 Minoglou, Ioanna P. Ethnic minority groups in international
banking: Greek Diaspora banks of Constantinople and Ottoman
state finances,. 27p.
138 Pournarakis, Mike. Development integration and FDIs in the
Balkans. 19p.
136 Tsionas, Efthymios G. Likelihood-based comparison of stable
Paretian and competing models: evidence from daily exchange
rates. 18p.
142 Baltas, Nicholas C. The welfare effects of the Berlin CAP
agreement on Greek agriculture. 16p.
141 Tsionas, Efthymios G. Combining DEA and stochastic frontier
models: an empirical Bayes approach. 23p.
143 Episcopos, Athanasios. The implied bank insurance fund
under credit risk. 28p.
145 Bitros, George C. & Flytzanis, Elias G. A rehabilitation of
economic replacement theory. 32p.
144 Fiorito, Riccardo & Kollintzas, Tryphon. Public goods,
merit goods, and the relation between private and government
consumption. 35p.
146 Tsionas, Efthymios G. & Christopoulos, Dimitris K.
Cointegration modeling of interrelated factor demands, with
an application to labor import substitution in the Euro.
22p.
UNIVERSITY OF AUCKLAND. Department of Economics.
222 Aoki, Reiko. Cournot and Bertrand competition with vertical
quality differentiation. 31p.
224 Kennes, John, King, Ian & Julien, Benoit. "Residual" wage
disparity in directed search equilibrium. 34p.
223 Schiff, Aaron. Two-way interconnection with partial
consumer participation. 33p.
BANCO DE ESPANA. Servicio de Estudios.
200115 Ciccarelli, Matteo & Rebucci, Alessandro. The transmission
mechanism of European monetary policy: is there
heterogeneity? Is it changing over time?. 60p.
200114 Desmet, Klaus & Ortuno-Ortin, Ignacio. Rational
underdevelopment. 37p.
200116 Estrada, Angel & Lopez-Salido, J. David. Sectoral and
aggregate technology growth in Spain. 49p.
200121 Andres, Javier, Lopez-Salido, J. David & Valles, Javier.
Money in an estimated business cycle model of the Euro area.
41p.
200120 Blanco, Roberto. The Euro-area government securities
markets: recent developments and implications for market
functioning. 36p.
200119 Chatelain, J.B., et al. Firm investment and monetary policy
transmission in the Euro area. 41p.
200118 Ehrmann, Michael, et al. Financial systems and the role of
banks in monetary policy transmission in the Euro area.
52p.
200117 Hernando, Ignacio & Pages, Jorge M. Is there a bank lending
channel of monetary policy in Spain?. 45p.
2002-5 Estrada, Angel & Lopez-Salido, J. David. Understanding
Spanish dual inflation. 20p.
2002-4 Gali, Jordi, Gertler, Mark & Lopez-Salido, J. David.
Markups, gaps, and the welfare costs of business
fluctuations. 39p.
2002-3 Hernando, Ignacio & Nunez, Soledad. The contribution of ICT
to economic activity: a growth accounting exercise with
Spanish firm-level data. 42p.
2002-9 Benito, Andrew & Young, Garry. Financial pressure and
balance sheet adjustment by U.K. firms. 42p.
200211 Cabrero, Alberto, et al. Modelling the daily banknotes in
circulation in the context of the liquidity management of
the European Central Ban. 47p.
2002-8 Kaiser, Regina & Maravall, Agustin. A comlete model-based
interpretation of the Hodrick-Prescott filter: spuriousness
reconsidered. 35p.
2002-7 Maravall, Agustin. An application of TRAMO-SEATS: automatic
procedure and sectoral aggregation: the Japanese foreign
trade series. 43p.
200212 Willman, Alpo & Estrada, Angel. The Spanish block of the
ESCB-multi-country model. 70p.
200213 Alberola, Enrique, Buisan, Ana & Fernandez de Lis, Santiago.
The quest for nominal and real convergence through
integration in Europe and Latin America. 43p.
200214 Hernando, Ignacio & Tiomo, Andre. Financial constraints and
investment in France and Spain: a comparison using firm
level data. 35p.
200215 Benigno, Pierpaolo & Richardson, J. David. Inflation
persistence and optimal monetary policy in the Euro area.
41p.
200217 Gallego, Sonsoles, Garcia Herrero, Alicia & Saurina, Jesus.
The Asian and European banking systems: the case of Spain in
the quest for development and stability. 46p.
200216 Garcia Herrero, Alicia, et al. Latin American financial
development in perspective. 75p.
200219 Campa, Jose M. & Gonzalez-Minguez, Jose M.. Differences in
exchange rate pass-through in the Euro area. 39p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
200119 Fujuki, Hiroshi, Hsiao, Cheng & Shen, Yan. Is there a
stable money demand function under the low interest rate
policy? A panel data analysis. 43p.
200121 Saito, Makoto, et al. Liquidity demand and asset pricing:
evidence from the periodic settlement in Japan. 29p.
200120 Spiegel, Mark M. The disposition of failed Japanese bank
assets: lessons from the U.S. savings and loan crisis. 40p.
200118 Une, Masashi. The security evaluation of time stamping
schemes: the present situation and studies. 34p.
2002-1 Baba, Naohiko & Hisada, Takamasa. Japan's financial system:
its perspective and the authorities' roles in redesigning
and administering the system. 65p.
2002-3 Shirakawa, Masaaki. One year under `quantitative easing'.
64p.
2002-2 Yamai, Yasuhiro & Yoshiba, Toshinao. Comparative analyses
of expected shortfall and value-at-risk (3): their validity
under market stress. 70p.
2002-4 Fujuki, Hiroshi & Otani, Akira. Do currency regimes matter
in the 21st century?. 56p.
2002-5 Otani, Akira. Pricing-to-market (PTM) and the international
transmission effect of monetary policy: the new open economy
macroeco. 44p.
2002-9 Goyal, Rishi & McKinnon, Ronald. Japan's negative risk
premium in interest rates: the liquidity trap and fall in
bank lending. 32p.
2002-8 Hatase, Mariko. Devaluation and exports in interwar Japan:
the effects of sharp depreciation of the yen in the early
1930s. 52p.
2002-6 Nakada, Sachiko K. Analysis of changes in Japan's
unemployment rate using gross flow data. 43p.
2002-7 Shizume, Masato. Economic developments and monetary policy
responses to interwar Japan: evaluation based on the Taylor
rule. 55p.
200215 Jang, Kyungho & Ogaki, Masao. The effects of Japanese
monetary policy shocks on exchange rates: a structural
vector error correction model approa. 44p.
200217 Kawai, Masahiro. Exchange rate arrangements in East Asia:
lessons from the 1997-98 currency crisis. 51p.
200213 McKinnon, Ronald & Schanl, Gunther. Synchronized business
cycles in East Asia: fluctuations in the Yen/dollar exchange
rate and China's stabilizing rol. 70p.
200211 Meltzer, Allan H. New international financial arrangements.
14p.
200210 Nanjo, Takashi. Developments in land prices and bank
lending in interwar Japan: effects of the real estate
finance problem on the b. 40p.
200212 Obstfeld, Maurice. Exchange rates and adjustment:
perspectives from the new open economy macroeconomics. 37p.
200214 Watanabe, Toshiaki. Measuring business cycle turning points
in Japan with a dynamic Markov switching factor model. 48p.
200216 von Hagen, Jurgen & Bruckner, Matthias. Monetary and fiscal
policy in the European monetary union. 49p.
200218 Corbo, Vittorio. Exchange rate regimes in the Americas: is
dollarization the solution?. 32p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
200123 Cohen-Zada, Danny & Justman, Moshe. Religious education and
school vouchers. 37p.
200120 Perez-Castrillo, David & Wettstein, David. Choosing wisely:
a multi-bidding approach. 30p.
200122 Justman, Moshe & Zuscovitch, Ehud. Economic impact of
subsidized industrial R & D in Israel. 23p.
200121 Justman, Moshe, Thisse, Jacques F. & van Ypersele, Tanguy.
Taking the bite out of fiscal competition. 26p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
309 Epstein, Roy J. & Rubinfeld, Daniel. Merger stimulation: a
simplified approach with new applications. 43p.
310 Rigotti, Luca & Shannon, Chris. Uncertainty and risk in
financial markets. 49p.
317 Charness, Gary & Rabin, Matthew. Understanding social
preferences with simple tests. 55p.
316 Echenique, Federico & Edlin, Aaron. Mixed equilibrium in
games of strategic complements are unstable. 22p.
311 Hall, Bronwyn H. The financing of research and development.
24p.
315 Hwang, Min & Quigley, John M. Price discovery in time and
space: the course of condominium prices in Singapore. 55p.
312 O'Donoghue, Ted & Rabin, Matthew. Addiction and
present-biased preferences. 52p.
314 O'Donoghue, Ted & Rabin, Matthew. Procrastination on
long-term projects. 40p.
313 Rabin, Matthew. A perspective on psychology and economics.
43p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
200116 Crawford, Vincent P. Lying for strategic advantage:
rational and boundedly rational misrepresentation of
intentions. 28p.
200114 Den Haan, Wouter J., Haefke, Christian & Ramey, Garey.
Shocks and institutions in a job matching model. 52p.
200115 Engle, Robert F. & Sheppard, Kevin. Theoretical and
empirical properties of dynamic conditional correlation
multivariate GARCH. 43p.
200111 Evans, George W. & Ramey, Garey. Adaptive expectations,
underparameterization and the Lucas critique. 18p.
200110 Hamilton, James D. & Herrera, Ana Maria. Oil shocks and
aggregate macroeconomic behavior: the role of monetary
policy. 31p.
200112 Machina, Mark J. Almost-objective uncertainty. 36p.
200119 Muller, Ulrich K. & Elliott, Graham. Tests for unit roots
and the initial observation. 43p.
200117 Patton, Andrew J. Establishment of copula models for time
series of possibly different lengths. 49p.
200120 Rauch, James E. & Watson, Joel. Entrepreneurship in
international trade. 36p.
200118 Rauch, James E & Casella, Alessandra. Overcoming
informational barriers to international resource allocation:
prices and ties. 36p.
200113 Schorderet, Yann. Revisiting Okun's law: an hysteric
perspective. 25p.
200121 Schwartz, Alan & Watson, Joel. The law and economics of
costly contracting. 44p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
182001 Bech, Morten L. & Garratt, Rod. The intraday liquidity
management game. 40p.
152001 Bergstrom, Carl T. & Bergstrom, Theodore C. Do university
site licenses for academic journals benefit the scientific
community?. 8p.
132001 Bergstrom, Theodore C. The algebra of assortative
encounters and the evolution of cooperation. 21p.
142001 Bergstrom, Theodore C. Evolution of social behavior:
individual and group selection models. 53p.
162001 Bergstrom, Theodore C. Free labor for costly journals?.
22p.
1/2002 Bohn, Henning. Government asset and liability management in
an era of vanishing public debt. 60p.
9/2001 Charness, Gary & Grosskopf, Brit. Cheap talk, information,
and coordination: experimental evidence. 25p.
102001 Charness, Gary, Haruvy, Erman & Sonsino, Doron. Social
distance and reciprocity: the internet vs. the laboratory.
34p.
112001 Charness, Gary & Gneezy, Uri. What's in a name? Anonymity
and social distance in dictator and ultimatum games. 21p.
122001 Deschenes, Olivier. Unobserved ability, comparative
advantage, and the rising return to education in the United
States, 1979-2000. 49p.
3/2002 Kelly, David & LeRoy, Stephen F. Liquidity and liquidation.
24p.
2/2002 Kuhn, Peter & Weinberger, Catherine. Leadership skills and
wages. 51p.
172001 Steigerwald, Douglas C. & Vagnoni, Richard J. Option market
microstructure and stochastic volatility. 53p.
BANK OF CANADA. Technical Reports.
91 Freedman, Charles & Goodlet, Clyde. The financial services
sector: an update on recent developments. 15p.
90 Murray, John & Powell, James. Dollarization in Canada: the
buck stops there. 46p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
2001-9 Askenazy, Philippe. Minimum wage, exports and growth. 25p.
2001-6 Askenazy, Philippe, Caroli, Eve & Marcus, Vincent. New
organizational practices and working conditions: evidence
from France in the 1990s. 52p.
200110 Barinci, Jean-Paul & Cheron, Arnaud. Real business cycles
and the animal spirits hypothesis in a cash-in-advance
economy. 13p.
2001-4 Duran, Jorge & Rillaers, Alexandra. Idiosyncratic risk,
investment in human capital, and growth. 24p.
2001-8 Henin, Pierre-Yves, Jolivaldt, Philippe & Nguyen, Anh.
Testing for unit roots on heterogeneous panels: a sequential
approach. 30p.
2001-7 Petit, Pascal. Distribution and growth: can the New Left
deal with the neo-Schumpeterian "accord"? Some comments on
the French ex. 25p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
2001-6 Hansen, Jorgen D., Jensen, Camilla & Madsen, Erik S. Green
subsidies and learning-by-doing in the windmill industry.
22p.
2002-1 Roy, Jaideep & Tranaes, Torben. Unrestricted duopoly
competition: equilibrium and survival. 16p.
2002-2 Schultz, Christian. Market transparency and product
differentiation. 10p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1349 Comte, F. & Lieberman, O. Asymptotic theory for
multivariate GARCH processes. 23p.
1346r Dubey, Pradeep & Geanakoplos, John. Competitive pooling:
Rothschild-Stiglitz reconsidered. 33p.
1345 Fair, Ray C. Bootstrapping macroeconometric models. 28p.
1340 Gilboa, Itzhak & Schmeidler, David. Cognitive foundations
of probability. 33p.
1342 Gilboa, Itzhak & Schmeidler, David. A derivation of
expected utility maximization in the context of a game.
23p.
1339 Gilboa, Itzhak & Schmeidler, David. Inductive inference: an
axiomatic approach. 45p.
1341 Gilboa, Itzhak & Schmeidler, David. Subjective
distributions. 13p.
1348 Lieberman, Offer. Penalized maximum likelihood estimation
for fractional Gaussian processes. 14p.
1351 Lieberman, Offer, Rousseau, Judith & Zucker, David M. Valid
asymptotic expansions for the maximum likelihood estimator
of the parameter of a stationary, Gaussian, strong. 34p.
1343 Shubik, Martin. Money and monetization of credit. 22p.
1347 Sun, Ning & Yang, Zaifu. On fair allocations and
indivisibilities. 28p.
1350 Yang, Zaifu. An optimal fair job assignment problem. 18p.
1344 Yariv, Leeat. Believe and let believe: axiomatic
foundations for belief dependent utility functionals. 20p.
1354 Engel, Eduardo, Fischer, Ronald & Galetovic, Alexander.
Highway franchising and real estate values. 27p.
1353 Engel, Eduardo, Fischer, Ronald & Galetovic, Alexander. How
to auction an essential facility when underhand integration
is possible. 20p.
1356 Linton, Oliver, Maasoumi, Esfandiar & Whang, Yoon-Jae.
Consistent testing for stochastic dominance: a subsampling
approach. 36p.
1355 Nordhaus, William D. The health of nations: the
contribution of improved health to living standards. 55p.
1352 Yariv, Leeat. I'll see it when I believe it: a simple model
of cognitive consistency. 45p.
1370 Andrews, Donald W.K. The block-block bootstrap: improved
asymptotic refinements. 34p.
1369 Andrews, Donald W.K. End-of-sample instability tests. 41p.
1361 Andrews, Donald W.K. & Lieberman, Offer. Valid Edgeworth
expansions for the Whittle maximum likelihood estimator for
stationary long-memory Gaussian time se. 23p.
1372 Berry, Steven, Linton, Oliver B. & Pakes, Ariel. Limit
theorems for estimating the parameters of differentiated
product demand systems. 49p.
1360 Dubey, Pradeep & Geanakoplos, John. From Nash to Walras via
Shapley-Shubik. 11p.
1358 Engel, Eduardo, Fischer, Ronald & Galetovic, Alexander.
Competition in or for the field: which is better?. 17p.
1371 Gerardi, Dino. Unmediated communication in games with
complete and incomplete information. 72p.
1365 Hu, Ling & Phillips, Peter C.B. Dynamics of the federal
funds target rates: a nonstationary discrete choice
approach. 34p.
1364 Hu, Ling & Phillips, Peter C.B. Nonstationary discrete
choice. 37p.
1359 Juhl, Ted & Xiao, Zhijie. Partially linear models with unit
roots. 51p.
1374 Lieberman, Offer & Phillips, Peter C.B. Error bounds and
asymptotic expansions for Toeplitz product functionals of
unbounded spectra. 22p.
1368 Nordhaus, William D. The mildest recession: output,
profits, and stock prices as the U.S. emerges from the 2001
recession. 33p.
1362 Phillips, Peter C.B. & Sul, Donggyu. Dynamic panel
estimation and homogeneity testing under cross section
dependence. 56p.
1363 Phillips, Peter C.B., Guo, Binbin & Xiao, Zhijie. Efficient
regression in time series partial linear models. 44p.
1367 Shimotsu, Katsumi & Phillips, Peter C.B. Exact local
Whittle estimation of fractional integration. 34p.
1366 Sun, Yixiao & Phillips, Peter C.B. Nonlinear
log-periodogram regression for perturbed fractional
processes. 38p.
1357 Tobin, James. Macroeconomic strategy in wartime. 5p.
1373 Jin, Sainan & Phillips, Peter C.B. The KPSS test with
seasonal dummies. 26p.
1375 Xiao, Zhijie, et al. More efficient kernel estimation in
nonparametric regression with autocorrelated errors. 46p.
1378 Andrews, Donald W.K. & Lieberman, Offer. Higher-order
improvements of the parametric bootstrap for long-memory
Gaussian processes. 40p.
1314r Diamond, Peter & Geanakoplos, John. Social security
investment in equities. 30p.
1382 Fair, Ray C. Risk aversion and stock prices. 18p.
1381 Fair, Ray C. & Oster, John F. Comparing the predictive
information content of college football rankings. 19p.
1380 Geanakoplos, John, Magill, Michael & Quinzii, Martine.
Demography and the long-run predictability of the stock
market. 31p.
1376 Hall, George & Rust, John. Econometric methods for
endogenously sampled time series: the case of commodity
price speculation in the steel mark. 54p.
PAGE 8
1377 Morris, Stephen & Ui, Takashi. Best reponse equivalence.
31p.
1383 Bewley, Truman. Fairness, reciprocity, and wage rigidity.
34p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
2001-2 Moav, Omer. Cheap children and the persistence of poverty.
23p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
2002-2 Baier, Scott L., Dwyer, Gerald P. & Tamura, Robert. How
important are capital and total factor productivity for
economic growth?. 49p.
200125 Evanoff, Douglas D. & Wall, Larry D. Measures of the
riskiness of banking organizations: subordinated debt
yields, risk-based capital, and examination r. 33p.
200127 Espinosa-Vega, Marco A. & Smith, Bruce D. Socially
excessive bankruptcy costs and the benefits of interest rate
ceilings on loans. 26p.
2002-1 Ono, Hiroshi & Zavodny, Madeline. Race, internet usage, and
E-commerce. 17p.
200126 Robotti, Cesare. The price of inflation and foreign
exchange risk in international equity markets. 50p.
2002-3 Stivers, Chris & Sun, Licheng. Stock market uncertainty and
the relation beteween stock and bond returns. 38p.
2002-5 Tamura, Robert. Human capital and economic development.
65p.
2002-6 Berger, Allen N., Frame, W. Scott & Miller, Nathan H.
Credit scoring and the availability, price, and risk of
small business credit. 38p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
200120 Aaronson, Daniel & French, Eric. The effect of part-time
work on wages: evidence from the social security rules.
27p.
200121 Crowley, Meredith A. Antidumping policy under imperfect
competition. 24p.
200116 Evans, Charles L. & Marshall, David. Economic determinants
of the nominal Treasury yield curve. 44p.
200114 Fisher, Jonas D.M. A real explanation for heterogeneous
investment dynamics. 30p.
200119 French, Eric & Jones, John B. The effects of health
insurance and self-insurance on retirement behavior. 50p.
200117 Green, Edward J. & Zhou, Ruilin. Price level uniformity in
a random matching model with perfectly patient traders.
18p.
200122 Kouparitsas, Michael A. Is the United States an optimum
currency area? An empirical analysis of regional business
cycles. 37p.
200118 Mazumder, Bhashkar. Earnings mobility in the U.S.: a new
look at intergenerational inequality. 58p.
PAGE 9
200124 Mazumder, Bhashkar. The mis-measurement of permanent
earnings: new evidence from social security earnings data.
32p.
200123 Sullivan, Daniel G. A note on the estimation of linear
regression models with heteroskedastic measurement errors.
27p.
200113 Adao, Bernardino, Correia, Isabel & Teles, Pedro. Gaps and
triangles. 24p.
2001-7 Fisher, Jonas D.M. & Hornstein, Andreas. The role of real
wages, productivity, and fiscal policy in Germany's Great
Depression, 1928-1937. 40p.
FEDERAL RESERVE BANK OF CLEVELAND. Research Department.
3 Gomme, Paul. Evaluating the macroeconomic effects of a
temporary investment tax credit. 9p.
4 Humpage, Owen F. An incentive-compatible suggestion for
seigniorage sharing with dollarizing countries. 10p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
2002-1 Guzman, Mark G., Haslag, Joseph H. & Orrenius, Pia M.
Coyote crossings: the role of smugglers in illegal
immigration and border enforcement. 35p.
2002-2 Brown, Stephen P.A., Hayes, Kathy J. & Taylor, Lori L.
State and local policy, factor markets and regional growth.
28p.
2002-3 Gruben, William C., Koo, Jahyeong & Millis, Eric. How much
does international trade affect business cycle
synchronization?. 35p.
2002-4 Kydland, Finn E. & Zarazaga, Carlos E.J.M. Argentina's
recovery and "excess" capital shallowing of the 1990s. 22p.
2002-5 Vega, Juan-Luis & Wynne, Mark A. A first assessment of some
measures of core inflation for the Euro area. 39p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
298 Holmes, Tom. The role of cities: evidence from the
placement of sales offices. 53p.
299 Blume, Andreas & Franco, April. Learning from failure.
32p.
301 Boldrin, Michele & Levine, David K. Factor saving
innovation. 26p.
303 Boldrin, Michele & Levine, David K. Perfectly competitive
innovation. 28p.
300 Klete, Tor Jakob & Kortum, Samuel. Innovating firms and
aggregate innovation. 43p.
302 Thomas, Julia K. Is lumpy investment relevant for the
business cycle?. 31p.
304 Holmes, Thomas J. & Stevens, John J. The home market and
the pattern of trade: round three. 19p.
305 Alvarez, Fernando, Kehoe, Patrick J. & Neumeyer, Pablo. The
time consistency of monetary and fiscal policies. 57p.
306 Khan, Aubhik & Thomas, Julia K. Nonconvex factor
adjustments in equilibrium business cycle models: do
nonlinearities matter?. 42p.
PAGE 10
307 Kehoe, Patrick J. & Perri, Fabrizio. Competitive equilibria
with limited enforcement. 31p.
309 McGrattan, Ellen R. & Prescott, Edward C. Taxes,
regulations, and the value of U.S. corporations: a general
equilibrium analysis. 38p.
310 Cooper, Russell & Willis, Jonathan L. The economics of
labor adjustment: mind the gap. 30p.
311 Cooper, Russell & Kempf, Hubert. Overturning Mundell:
fiscal policy in a monetary union. 34p.
312 Prescott, Edward C. Non-convexities in quantitative general
equilibrium studies of business cycles. 38p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
200116 Khan, Aubhik, King, Robert G. & Wolman, Alexander L. The
pitfalls of discretionary monetary policy. 38p.
2002-4 Caskey, John P. Check-cashing outlets in a changing
financial system. 23p.
2002-1 Freixas, Xavier & Santomero, Anthony M. An overall
perspective on banking regulation. 25p.
2002-2 Hughes, Joseph P., et al. Do bankers sacrifice value to
build empires? Managerial incentives, industry
consolidation, and financial performa. 41p.
2002-3 Croushore, Dean & Stark, Tom. Is macroeconomic research
robust to alternative data sets?. 39p.
2002-6 Chatterjee, Satyajit, et al. A quantitative theory of
unsecured consumer credit with risk of default. 58p.
2002-8 DeFina, Robert H. The impact of unemployment on alternative
poverty measures. 37p.
2002-5 Khan, Aubhik & Ravikumar, B. Enduring relationships in an
economy with capital. 30p.
200210 Hilber, Christian A.L. & Mayer, Christopher J. Why do
households without children suport local public schools?
Linking house price capitalization to school spend. 48p.
2002-9 Leitner, Yaron. Fragile financial networks: a preliminary
analysis. 47p.
200212 Carlino, Gerald & Coulson, N. Edward. Compensating
differentials and the social benefits of the NFL. 22p.
200214 Carlino, Gerald, DeFina, Robert & Sill, Keith. The cyclical
behavior of state employment during the postwar period.
38p.
200215 Croushore, Dean & Stark, Tom. Forecasting coin demand.
49p.
200211 Dedola, Luca & Leduc, Sylvain. Why are business cycles
alike across exchange rate regimes?. 37p.
200213 Leduc, Sylvain, Sill, Keith & Stark, Tom. Self-fulfilling
expectations and the inflation of the 1970s: evidence from
the Livingston Survey. 34p.
200217 Saiz, Albert. Democracy to the road: the political economy
of potholes. 30p.
200216 Saiz, Albert & Zoido, Elena. The returns to speaking a
second language. 46p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
200158 Amato, Jeffery D. & Laubach, Thomas. Implications of habit
formation for optimal monetary policy. 42p.
PAGE 11
200163 Berger, Allen N., Rosen, Richard J. & Udell, Gregory F. The
effect of market size structure on competition: the case of
small business lending. 37p.
200160 Calem, Paul S. & LaCour-Little, Michael. Risk-based capital
requirements for mortgage loans. 40p.
200159 Cohen, Darrel. Linear data transformations used in
economics. 25p.
200155 Demiralp, Selva. Monetary policy in a changing world:
rising role of expectations and the anticipation effect.
49p.
2002-1 Han, Song & Mulligan, Casey B. Inflation and the size of
government. 44p.
2002-2 Han, Song. On the economics of discrimination in credit
markets. 47p.
200156 Laubach, Thomas & Williams, John C. Measuring the natural
rate of interest. 26p.
200161 Lebow, David E. & Rudd, Jeremy B. Measurement error in the
consumer price index: where do we stand?. 60p.
2002-3 Li, Wenli & Sarte, Pierre-Daniel. Growth effects of
progressive taxes. 31p.
200157 Liang, Nellie & Weisbenner, Scott. Who benefits from a bull
market? An analysis of employee stock option grants and
stock prices. 42p.
200162 Orphanides, Athanasios. Monetary policy rules,
macroeconomic stability and inflation: a view from the
trenches. 34p.
2002-4 Rigobon, Roberto & Sack, Brian. The impact of monetary
policy on asset prices. 32p.
200213 Aizcorbe, Ana. Price measures for semiconductor devices.
32p.
2002-5 Amato, Jeffery D. & Laubach, Thomas. Rule-of-thumb
behaviour and monetary policy. 50p.
200211 Carlson, Mark. Causes of bank suspensions in the panic of
1893. 35p.
200210 Cummins, Jason G. & Violante, Giovanni L.
Investment-specific technical change in the U.S.
(1947-2000): measurement and macroeconomics consequences.
55p.
200212 Figura, Andrew. The cyclical behavior of short-term and
long-term job flows. 43p.
200214 Lehnert, Andreas & Maki, Dean M. Consumption, debt and
portfolio choice: testing the effect of bankruptcy law.
89p.
2002-8 Orphanides, Athanasios. Monetary policy rules and the great
inflation. 11p.
2002-6 Pence, Karen M. 401(k)s and household saving: new evidence
from the survey of consumer finances. 40p.
2002-7 Sharpe, Steven A. How does the market interpret analysts'
long-term growth forecasts?. 22p.
2002-9 Tetlow, Robert J. & von zur Muehlen, Peter. Avoiding Nash
inflation: Bayesian and robust reponses to model
uncertainty. 28p.
200221 Aaronson, Stephanie. The rise in lifetime earnings
inequality among men. 47p.
PAGE 12
200220 Aizcorbe, Ana. Why are semiconductor prices falling so
fast? Industry estimates and implications for productivity
measurement. 26p.
200219 Canner, Glenn B., et al. Does the Community Reinvestment
Act (CRA) cause banks to provide a subsidy to some mortgage
borrowers?. 84p.
200215 Cleveland, William P. Estimated variance of seasonally
adjusted series. 9p.
200216 Figura, Andrew. Is reallocation related to the cycle? A
look at permanent and temporary job flows. 47p.
200217 Holmes, Thomas J. & Stevens, John J. Geographic
concentration and establishment size analysis in an
alternative economic geography model. 33p.
200218 Robb, Alicia & Wolken, John. Firm, owner, and financing
characteristics: differences between female- and male-owned
small businesses. 28p.
200228 Bassett, William F. & Brady, Thomas. What drives the
persistent competitiveness of small banks?. 29p.
200226 Berger, Allen N., Frame, W. Scott & Miller, Nathan H.
Credit scoring and the availability, price, and risk of
small business credit. 38p.
200225 Berger, Allen N., et al. To what extent will the banking
industry be globalized? A study of bank nationality and
reach in 20 European natio. 36p.
200222 Dupor, William D. & Lehnert, Andreas. Increasing returns
and optimal oscillating labor supply. 76p.
200224 English, William B., Nelson, William R. & Sack, Brian P.
Interpreting the significance of lagged interest rates in
estimated monetary policy rules. 27p.
200223 Holmes, Thomas J. & Stevens, John J. The home market and
the pattern of trade: round three. 19p.
200227 Orphanides, Athanasios & Williams, John C. Imperfect
knowledge, inflation expectations, and monetary policy.
34p.
200231 Berger, Allen N. & DeYoung, Robert. Technological progress
and the geographic expansion of the banking industry. 40p.
200233 Pence, Karen M. Nature or nurture: why do 401(k)
participants save differently than other workers?. 27p.
200232 Sack, Brian & Elsasser, Robert. Treasury inflation-indexed
debt: a review of the U.S. experience. 39p.
200229 Oliner, Stephen D. & Sichel, Daniel E. Information
technology and productivity: where are we now and where are
we going?. 31p.
200230 Rudd, Jeremy & Whelan, Karl. Does the labor share of income
drive inflation?. 19p.
200237 Aizcorbe, Ana, Flamm, Kenneth & Khurshid, Anjum. The role
of semiconductor inputs in IT hardware price decline:
computers vs. communications. 42p.
200241 Borzekowski, Ron. Health care finance and the early
adoption of hospital information systems. 33p.
200242 Borzekowski, Ron. Measuring the cost impact of hospital
information systems, 1987-1994. 37p.
200235 Cavalluzzo, Ken & Wolken, John. Small business loan
turndowns, personal wealth and discrimination. 32p.
PAGE 13
200243 Cummins, Jason G. & Nyman, Ingmar. The dark side of
competitive pressure. 34p.
200239 Downing, Chris & Zhang, Frank. Trading activity and price
volatility in the municipal bond market. 30p.
200234 Durham, J. Benson. The extreme bounds of the cross-section
of expected stock returns. 46p.
200240 Gurkaynak, Refet S., Sack, Brian & Swanson, Eric.
Market-based measures of monetary policy expectations. 39p.
200236 Liang, Nellie & Weisbenner, Scott. Investor behavior and
the purchase of company stock in 401(k) plans: the
importance of plan design. 53p.
200238 Palumbo, Michael, Rudd, Jeremy & Whelan, Karl. On the
relationships between real consumption, income, and wealth.
27p.
200247 Amel, Dean, et al. Consolidation and efficiency in the
financial sector: a review of the international evidence.
52p.
200250 Berger, Allen N. The economic effects of technological
progress: evidence from the banking industry. 42p.
200248 Cooper, Daniel & Woglom, Geoffrey. The S&P 500 effect: not
such good news in the long run. 24p.
200245 Covitz, Dan & Downing, Chris. Insolvency of liquidity
squeeze?: Explaining very short-term corporate yield
spreads. 40p.
200246 Covitz, Daniel M., Hancock, Diana & Kwast, Myron L. Market
discipline in banking reconsidered: the roles of deposit
insurance reform, funding manager decisions and bon. 30p.
200249 Heitfield, Erik & Prager, Robin A. The geographic scope of
retail deposit markets. 28p.
200244 Kiser, Elizabeth K. Household switching behavior at
depository institutions: evidence from survey data. 29p.
FEDERAL RESERVE BOARD. International Finance Papers.
714 Faust, Jon, Rogers, John H. & Wright, Jonathan H. Exchange
rate forecasting: the errors we've really made. 33p.
716 Berger, Brett D. Putty-putty, two-sector, vintage capital
growth models. 40p.
717 Carlson, Mark & Hernandez, Leonardo. Determinants and
repercussions of the composition of capital inflows. 48p.
718 Egli, Dominik, Ongena, Steven & Smith, David C. On the
sequencing of projects, reputation building, and
relationship finance. 39p.
715 Guerrieri, Luca. Inflation dynamics. 26p.
720 Faust, Jon, Swanson, Eric & Wright, Jonathan H. Identifying
VARs based on high frequency futures data. 42p.
719 Kim, Jinill & Henderson, Dale W. Inflation targeting and
nominal income growth targeting: when and why are they
suboptimal?. 39p.
721 Meade, Ellen E. & Sheets, D. Nathan. Regional influences on
U.S. monetary policy: some implications for Europe. 36p.
724 Bertaut, Carol C. Equity prices, household wealth, and
consumption growth in foreign industrial countries: wealth
effects in the 1990. 43p.
PAGE 14
723 Meyer, Laurence H., et al. International coordination of
macroeconomic policies: still alive in the new millennium?.
46p.
722 Warnock, Francis E. & Cleaver, Chad. Financial centers and
the geography of capital flows. 43p.
725 Berger, Allen N., et al. To what extent will the banking
industry be globalized? A study of bank nationality and
reach in 20 European natio. 36p.
726 Carey, Mark. A guide to choosing absolute bank capital
requirements. 31p.
727 Gust, Christopher & Marquez, Jaime. International
comparisons of productivity growth: the role of information
technology and regulatory practices. 47p.
729 Ahearne, Alan, et al. Preventing deflation: lessons from
Japan's experiences in the 1990s. 62p.
730 Ahmed, Shaghil, Levin, Andrew & Wilson, Beth A. Recent U.S.
macroeconomic stability: good policies, good practices or
good luck?. 53p.
728 Berger, Brett D. Finding numerical results to large scale
economic models using path-following algorithms: a vintage
capital example. 30p.
731 Reeve, Trevor A. Factor endowments and industrial
structure. 41p.
732 Wright, Jonathan H. Testing the null of identification in
GMM. 41p.
733 Gruber, Joseph W. Productivity shocks, habits, and the
current account. 23p.
737 Ahmed, Shaghil, et al. Are depreciations as contractionary
as devaluations? A comparison of selected emerging and
industrial economies. 44p.
738 Arteta, Carlos O. Exchange rate regimes and financial
dollarization: does flexibility reduce bank currency
mismatches?. 41p.
734 Guerrieri, Luca. The inflation persistence of staggered
contracts. 34p.
736 Kamin, Steven B. Identifying the role of moral hazard in
international financial markets. 48p.
735 Marazzi, Mario. On the fragility of gains from trade under
continuously differentiated Bertrand competition. 35p.
739 Faust, Jon, et al. Identifying the effects of monetary
policy shocks on exchange rates using high frequency data.
45p.
740 Rogers, John H. Monetary union, price level convergence,
and inflation: how close is Europe to the United States?.
49p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
247 Adams, Christopher P. Selection of "high performance work
systems" in U.S. manufacturing. 28p.
246 Hosken, Daniel, et al. Demand system estimation and its
application to horizontal merger analysis. 33p.
245 O'Brien, Daniel P. The welfare effects of third degree
price discrimination in intermediate good markets: the case
of bargaining. 33p.
PAGE 15
248 Reiffen, David & Ward, Michael R. Generic drug industry
dynamics. 52p.
244 Thomas, Charles J. & Wilson, Bart J. The effect of offer
verifiability on the relationship between auctions and
multilateral negotiations. 28p.
249 Murphy, R. Dennis. Price and quality relationships in local
service industries. 66p.
250 Nicholson, Michael W. Intellectual property rights,
internationalization and technology transfer. 34p.
251 DeGraba, Patrick. Efficient inter-carrier compensation for
completing networks when customers share the value of a
call. 29p.
252 Adams, Christopher P. Does size really matter? Empirical
evidence on group incentives. 20p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
420 Choe, Chongwoo. Leverage, volatility and executive stock
options. 24p.
419 Choe, Chongwoo. Optimal executive compensation: some
equivalence results. 32p.
416 Gotoh, Reiko & Suzumura, Kotaro. Constitutional democracy
and public judgements. 26p.
417 Suzumura, Kotaro. Introduction to the Handbook of Social
Choice and Welfare. 38p.
422 Suzumura, Kotaro & Xu, Yongsheng. Recoverability of choice
functions and binary relations: some duality results. 19p.
423 Bossert, Walter, Sprumont, Yves & Suzumura, Kotaro. Upper
semicontinuous extensions of binary relations. 16p.
428 Ito, Takatoshi. Is foreign exchange intervention effective?
The Japanese experience in the 1990s. 38p.
424 Yamada, Akira & Yoshihara, Naoki. A mechanism design for a
solution to the tragedy of the commons. 33p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
200015 Agnarsson, Sveinn. Development of efficiency in Icelandic
fish processing firms: a DEA approach. 33p.
200111 Agnarsson, Sveinn. Open access to a cultural heritage: an
economic analysis of the SagaNet project. 29p.
200014 Agnarsson, Sveinn. Productivity in the Icelandic fish
processing industry, 1985-1995: a comparison of methods.
28p.
200017 Arnason, Ragnar, Magnusson, Gylfi & Agnarsson, Sveinn. The
Norwegian spring spawning herring fishery: a stylized game
model. 29p.
200016 Danielsson, Jon, Jorgensen, Bjorn N. & de Vries, Casper G.
Risk management and regulation in incomplete markets. 26p.
2001-8 Einarsson, Tor & Marquis, Milton H. Bank intermediation and
persistent liquidity effects in the presence of a
frictionless bond market. 43p.
2001-7 Einarsson, Tor & Marquis, Milton H. Bank intermediation
over the business cycle. 36p.
2001-6 Gylfason, Thorvaldur. Lessons from the Dutch disease:
causes, treament, and cures. 25p.
PAGE 16
2001-3 Hall, Asta H. & Johannsdottir, Solveig F. Generational
equality in Iceland. 21p.
2001-1 Herbertsson, Tryggvi T. The economics of early retirement.
16p.
200110 Herbertsson, Truggvi T. Shrinking labour forces and early
retirement. 11p.
2001-2 Herbertsson, Tryggvi T. & Orszag, J. Michael. The costs of
early retirement in the OECD. 15p.
2001-5 Herbertsson, Tryggvi T. & Zoega, Gylfi. The Modigliani
"puzzle". 7p.
2001-9 Herbertsson, Tryggvi T., Phelps, Edmund S. & Zoega, Gylfi.
Demographics and unemployment. 31p.
200019 Tomasson, Helgi. Computation of Bayesian estimators in ARMA
models. 17p.
200018 Tomasson, Helgi. Estimation of correlation in financial
markets when trading is infrequent. 22p.
200020 Tomasson, HElgi. Monitoring the trading intensity of a
stock market under infrequent trading. 16p.
2001-4 Zoega, Gylfi & Chen, Yu-Fu. Exchange-rate volatility as
employment protection. 18p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
200133 Andrieu, Christophe & Robert, Christian P. Controlled MCMC
for optimal sampling. 37p.
200135 Ango Nze, Patrick & Doukhan, Paul. Weak dependence: models
and applications. 20p.
200132 Blundell, Richard, et al. Collective labor supply:
heterogeneity and non-participation. 58p.
200137 Cahuc, Pierre & Malherbet, Franck. Unemployment
compensation finance and labor market rigidity. 26p.
200129 Cappe, Olivier, Robert, Christian P. & Ryden, Tobias.
Reversible jump MCMC converging to birth-and-death MCMC and
more general continuous time samplers. 17p.
200138 Choirat, Christine & Seri, Raffaello. Estimation in
discrete parameter models. 45p.
200134 Chopin, Nicolas. Sequential inference and state number
determination for discrete state-space models through
particle filtering. 26p.
200130 Fevrier, Philippe, Linnemer, Laurent & Visser, Michael. Buy
or wait, that is the option: the buyer's option in
sequential laboratory auctions. 38p.
200131 Gourieroux, Christian & Jasiak, Joanna. Local likelihood
density estimation and value at risk. 35p.
200128 Gourieroux, Christian & Robert, Christian Y. Tails and
extremal behavior of stochastic unit root models. 70p.
200139 Hong, Ian, Scaillet, Olivier & Tamer, Elie. A fast
subsampling method for nonlinear dynamic models. 32p.
200136 L'Haridon, Olivier & Malherbet, Franck. Job protection and
aggregate employment fluctuations: a reappraisal. 34p.
200144 Chopin, Nicolas & Pelgrin, Florian. Bayesian hidden Markov
analysis of the information content of the yield curve about
inflation. 15p.
200140 Diaye, Marc-Arthur & Koskievic, Jean-Max. Attitude towards
information and non-expected utility preferences: a
characterization by choice functions. 45p.
PAGE 17
200141 Mas, Andre & Menneteau, Ludovic. Perturbation approach
applied to the asymptotic study of random operators. 13p.
200143 Niang, Sophie. Density estimation in a separable metric
space. 23p.
2002-4 Bourguignon, Francois, Fournier, Martin & Gurgand, Marc.
Selection bias correction based on the multinomial logit
model. 12p.
2002-2 Duncan, Greg J., et al. Panel and pseudo-panel estimation
of cross sectional and time series elasticities of food
consumption. 21p.
2002-6 Fermanian, Jean-David, Radulovic, Dragan & Wegkamp, Marten.
Weak convergence of empirical copula processes. 23p.
2002-9 Fevrier, Philippe, Preget, Rafaele & Visser, Michael.
Econometrics of share auctions. 36p.
2002-3 Gayraud, Ghislaine & Rousseau, Judith. Nonparametric
Bayesian estimation of level sets. 19p.
2002-5 Jardet, Caroline. Why did the term structure of interest
rates lose its predictive power?. 28p.
2002-1 Malinvaud, Edmond. Kunt Wicksell and the challenges faced
by capital theory. 23p.
2002-8 Mas, Andre. Testing for the mean of random curves: from
penalization to dimension selection. 16p.
200211 Chiappori, Pierre A & Salanie, Bernard. Testing contract
theory: a survey of some recent work. 34p.
200214 Fagart, Marie-Cecile & Sinclair-Desgagne, Bernard. Auditing
policies and information systems in a principal-agent model.
31p.
200215 Fagart, Marie-Cecile. Wealth effects, moral hazard and
adverse selection in a principal-agent model. 29p.
200213 Guihenneuc, Chantal & Rousseau, Judith. Laplace expansions
in MCMC algorithms for latent variable models. 19p.
200217 Kamionka, Thierry. Asymmetry of information, market
liquidity and the activity of the specialist on the NYSE.
27p.
200216 Lardjane, Salim. Optimal speed nonparametric density
estimation for one-dimensional dynamical systems. 10p.
200218 Magnac, Thierry. Panel binary variables and individual
effects: generalizing conditional logit. 44p.
200212 Robert, Christian P. & Rousseau, Judith. A mixture aproach
to Bayesian goodness of fit. 24p.
200225 Dedecker, Jerome & Doukhan, Paul. A new covariance
inequality and applications. 21p.
200226 Doukhan, Paul & Leon, Jose R. Asymptotics for the
LP-deviation of the variance estimator of a diffusion. 20p.
200223 Fougere, Denis & Kamionka, Thierry. Bayesian inference for
the mover-stayer model in continuous time with an
application to labour market transition da. 40p.
INSTITUTO DE ESTUDIOS ECONOMICOS DE GALICIA PEDRO BARRIE de la MAZA
52 Cancelo, Jose Ramon & Uriz, Pilar. A nonparametric approach
for analyzing international cyclical comovements. 38p.
53 Cancelo, Jose Ramon & Uriz, Pilar. Regime switching models
for indicators derived from cyclical chronologies, with an
application to international cyc. 49p.
PAGE 18
IOWA STATE UNIVERSITY. Department of Economics.
2002-2 Edelman, Mark A. A preliminary assessment: 2001 court
restructuring plan impacts on three Iowa counties. 27p.
2002-5 Koesrindartoto, Deddy. Discrete double auctions with
artificial adaptive agents: a case study of an electricity
market using a double auct. 65p.
2002-4 Meyer, Rebecca, Orazem, Peter & Wachenheim, William A.
Labor supply responses to employer-provided health
insurance. 34p.
2002-3 Rousu, Matthew, et al. The value of verifiable information
in a controversial market: evidence from lab auctions of
genetically modified f. 52p.
2002-1 Tesfatsion, Leigh. Agent-based computational economics.
30p.
200211 Beghin, John C., Bureau, Jean-Christophe & Park, Sung Joon.
Food security and agricultural protection in South Korea.
36p.
200212 Doyle, Matthew. Informational externalities, strategic
delay, and the search for optimal policy. 30p.
200210 Hennessy, David A. & Lapan, Harvey E. Algebraic theory of
Pareto efficient exchange. 31p.
2002-8 Hennessy, David A. & Lapan, Harvey E. An algebraic theory
of the multiproduct firm. 34p.
2002-9 Hennessy, David A. & Lapan, Harvey E. An ordinal approach
to characterizing efficient allocations. 29p.
200213 Huffman, Wallace, et al. Should the United States regulate
mandatory labeling for genetically modified foods?. 44p.
2002-7 Lapan, Harvey E. & Melkonyan, Tigran. Trade policy under
asymmetric information. 25p.
2002-1 Rousu, Matthew, et al. Are U.S. consumers tolerant of
genetically modified (GM) foods?. 29p.
BANCA DE ITALIA. Research Department.
422 Brandolini, Andrea & Cipollone, Piero. Multifactor
productivity and labour quality in Italy, 1981-2000. 28p.
427 Brandolini, Andrea, Cipollone, Piero & Sestito, Paolo.
Earnings dispersion, low pay and household poverty in Italy,
1977-1998. 52p.
420 Bugamelli, Matteo & Pagano, Patrizio. Barriers to
investment in ICT. 35p.
418 Bugamelli, Matteo, et al. Ingredients for the new economy:
how much does finance matter?. 44p.
419 Caselli, Paola & Paterno, Francesco. ICT accumulation and
productivity growth in the United States: an analysis based
on industry data. 67p.
411 Dedola, Luca & Leduc, Sylvain. Why is the business cycle
behavior of fundamentals alike across exchange rate
regimes?. 42p.
414 Guiso, Luigi, Pistaferri, Luigi & Schivardi, Fabiano.
Insurance within the firm. 54p.
413 Krusell, Per, Kuruscu, Burhanettin & Smith, Anthony A.
Equilibrium welfare and government policy with
quasi-geometric discounting. 35p.
PAGE 19
424 Marchetti, Domenico J. & Nucci, Francesco. Labor effect
over the business cycle. 36p.
425 Neri, Stefano. Assessing the effects of monetary and fiscal
policy. 47p.
415 Paiella, Monica. Limited financial market participation: a
transaction cost-based explanation. 47p.
412 Persson, Torsten & Tabellini, Guido. Political institutions
and policy outcomes: what are the stylized facts?. 63p.
426 Rodano, Giorgio & Saltari, Enrico. Consumption and fiscal
policies: medium-run non-Keynesian effects. 32p.
423 Staderini, Alessandra. Tax reforms to influence corporate
financial policy: the case of the Italian business tax
reform of 1997-98. 30p.
417 Zollino, Francesco. Personal saving and social security in
Italy: fresh evidence from a time series analysis. 42p.
434 Altissimo, Filippo, et al. The construction of coincident
and leading indicators for the euro area business cycle.
59p.
436 Altissimo, Filippo, et al. A real time coincident indicator
of the euro area business cycle. 58p.
437 Busetti, Fabio. The use of preliminary data in econometric
forecasting: an application with the Bank of Italy Quarterly
Model. 40p.
431 Chatelain, J.B., et al. Firm investment and monetary
transmission in the euro area. 46p.
435 Cristadoro, Riccardo, et al. A core inflation index for the
euro area. 44p.
432 Ehrmann, Michael, et al. Financial systems and the role of
banks in monetary policy transmission in the euro area.
60p.
440 Focarelli, Dario. Bootstrap bias-correction procedure in
estimating long-run relationships from dynamic panels, with
an application t. 31p.
429 Gaiotti, Eugenio & Generale, Andrea. Does monetary policy
have asymmetric effects? A look at the investment decisions
of Italian firms. 55p.
430 Gambacorta, Leonardo. Bank-specific characteristics and
monetary policy transmission: the case of Italy. 39p.
438 Spadafora, Francesco. Financial crises, moral hazard and
the "speciality" of the international inter bank market.
58p.
442 Suzumura, Kotaro. Introduction to social choice and
welfare. 45p.
439 Tomat, Gian Maria. Durable goods, price indexes and quality
change: an application to automobile prices in Italy,
1988-1998. 46p.
433 van Els, Peter, et al. Monetary policy transmission in the
euro area: what do aggregate and national structural models
tell us?. 71p.
441 Zizza, Roberta. Forecasting the industrial production index
for the euro area through forecasts for the main countries.
33p.
445 Altissimo, Filippo, Gaiotti, Eugenia & Locarno, Alberto. Is
money informative? Evidence from a large model used for
policy analysis. 37p.
PAGE 20
448 Focarelli, Dario & Panetta, Fabio. Are mergers beneficial
to consumers? Evidence from the market for bank deposits.
39p.
447 Fornari, Fabio. The size of the equity premium. 54p.
444 Gerali, Andrea & Lippi, Francesco. On the `conquest' of
inflation. 21p.
443 Larcinese, Valentino. Rational ignorance and the public
choice of redistribution. 46p.
446 Prati, Alessandro & Sbracia, Massimo. Currency crises and
uncertainty about fundamentals. 54p.
449 Zaffaroni, Paolo. Contemporaneous aggregation of GARCH
processes. 52p.
LA TROBE UNIVERSITY. Department of Economics.
2001-7 Cardak, Buly A. Education choice, neoclassical growth and
class structure. 11p.
2001-6 Cardak, Buly A. Education vouchers, growth and income
inequality. 55p.
2001-5 D'Souza, Clare & Prentice, David. Auctioneer strategy and
pricing: evidence from an art auction. 24p.
2001-4 Nanere, Marthin G. & Hill, Railton. The structure and
dynamics of expectations and customer satisfaction in
channel member relationships in the Victori. 7p.
2001-3 Nanere, Marthin G. & Fraser, Iain. Total factor
productivity as a measure of weak sustainability. 27p.
2001-9 Harris, Michael. The income of nations: measurement with
(what?) theory. 55p.
2001-8 Harris, Michael. Revaluations and capital gains in the
context of natural resource accounting. 38p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
200112 Abul Naga, Ramses H. Social welfare orderings: a life-cycle
perspective. 29p.
200114 Aghion, Philippe, Bacchetta, Philippe & Banerjee, Abhijit.
A corporate balance sheet approach to currency crises. 39p.
200110 Barrios, Salvador, et al. A tale of two cycles:
co-fluctuations between U.K. regions and the Euro zone.
35p.
200113 Bacchetta, Philippe & van Wincoop, Eric. A theory of the
currency denomination of international trade. 41p.
200111 Brulhart, Marius & Trionfetti, Federico. A test of trade
theories when expenditure is home biased. 39p.
2002-8 Abul Naga, Ramses H. A test for correlation between signal
and noise within the errors in variables model. 8p.
2002-6 Arping, Stefan & Loranth, Gyongyi. Corporate leverage and
product differentiation strategy. 18p.
2002-7 Arping, Stefan. Strategic cannibalization in venture
financing. 31p.
2002-5 Danthine, Jean-Pierre & Donaldson, John B. Decentralizing
the stochastic growth model. 28p.
200210 Danthine, Jean-Pierre & Kurmann, Andre. Fair wages in a new
Keynesian model of the business cycle. 41p.
PAGE 21
2002-4 Danthine, Jean-Pierre & Donaldson, John B. A note on NNS
models: introducing physical capital; avoiding rationing.
9p.
2002-1 Von Thadden, Ernst-Ludwig. Liquidity. 16p.
2002-3 Ziegler, Alexandre. When are retail stores preferable to
auctions?. 25p.
LONDON SCHOOL OF ECONOMICS. ICERD-Devel. Econ. Discussion Series.
31 MacCulloch, Robert. Does social insurance help secure
property rights?. 39p.
30 MacCulloch, Robert. What makes a revolution?. 48p.
34 Bandiera, Oriana. Land distribution, incentives and the
choice of production techniques in Nicaragua. 36p.
33 Besley, Timothy & Burgess, Robin. Can labor regulation
hinder economic performance? Evidence from India. 49p.
32 Goldstein, Markus, de Janvry, Alain & Sadoulet, Elisabeth.
Is a friend in need a friend indeed? Inclusion and
exclusion in mutual insurance networks in Southern Ghana.
51p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
397 Guidolin, Massimo & Timmermann, Allan. Option prices under
Bayesian learning: implied volatility dynamics and
predictive densities. 59p.
396 Loss, Frederic. Hedging, agency cost and corporate size.
40p.
401 Abreu, Dilip & Brunnermeier, Markus K. Bubbles and crashes.
41p.
404 Acker, Daniella, Stalker, Matthew & Tonks, Ian. Spreads and
trading volumes around earning announcements. 34p.
406 Burkart, Mike, Panunzi, Fausto & Shleifer, Andrei. Family
firms. 47p.
403 Cerasi, Vittoria & Daltung, Sonja. Diversification and
delegation in firms. 33p.
402 Koufopoulos, Kostas. Asymmetric information, heterogeneity
in risk perceptions and insurance: an explanation to a
puzzle. 17p.
407 Linton, Oliver, Maasoumi, Esfandiar & Whang, Yoon-Jae.
Consistent testing for stochastic dominance: a subsampling
approach. 36p.
398 Loss, Frederic & Renucci, Antoine. The fallacy of new
business creation as a disciplining device for managers.
30p.
399 Loss, Frederic. Optimal hedging strategies and interactions
between firms. 48p.
400 Muermann, Alexander. Pricing catastrophe insurance
derivatives. 32p.
408 Rochet, Jean-Charles & Vives, Xavier. Coordination failures
and the lender of last resort: was Bagehot right after all?.
18p.
409 Rochet, Jean-Charles & Tirole, Jean. Platform competition
in two-sided markets. 47p.
PAGE 22
413 Bray, Margaret & Marseguerra, Giovanni. Dividends and
equity prices: the variance trade off. 98p.
410 Bruche, Max. A structural model of corporate bond pricing
with co-ordination failure. 32p.
405 Hon, Mark T. & Tonks, Ian. Momentum in the U.K. stock
market. 36p.
411 Inderst, Roman & Muller, Holger M. Venture capital
contracts and market structure. 35p.
412 Pesaran, M. Hashem & Timmermann, Allan. Market timing and
return prediction under model instability. 21p.
416 Heinemann, Frank, Nagel, Rosemarie & Ockenfels, Peter.
Speculative attacks and financial architecture: experimental
analysis of coordination games with public and private.
37p.
415 Iacoviello, Matteo & Ortalo-Magne, Francois. Hedging
housing risk in London. 24p.
417 Maillet, Bertrand & Michel, Thierry. How deep was the
September 2001 stock market crisis? Putting recent events
on the American and French markets into. 14p.
414 Zigrand, Jean-Pierre. Rational asset pricing implications
from realistic trading frictions. 28p.
418 Bray, Margaret & Goodhart, Charles. "You might as well be
hung for a sheep as a lamb:" the loss function of an agent.
29p.
421 Burkart, Mike & Ellingsen, Tore. In-kind finance. 32p.
419 Jurczenko, Emmanuel, Maillet, Bertrand & Negrea, Bogdan.
Skewness and kurtosis implied by option prices: a second
comment. 32p.
420 Pagratis, Spyros. Co-ordination failure and the role of
banks in the resolution of financial distress. 21p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
431 Al-Najjar, Nabil I., Anderlini, Luca & Felli, Leonardo.
Unforseen contingencies. 48p.
441 Ghatak, Maitreesh, Morelli, Massimo & Sjostrom, Tomas.
Credit rationing, wealth inequality, and allocation of
talent. 28p.
440 Piccione, Michele & Rubinstein, Ariel. Modelling the
economic interaction of agents with diverse abilities to
recognise equilibrium patterns. 11p.
439 Prat, Andrea. The wrong kind of transparency. 47p.
MACQUARIE UNIVERSITY. Department of Economics.
112001 Horne, Jocelyn. The current account debate in Australia:
changing policy perspectives. 33p.
1/2002 Heaton, Chris & Solo, Victor. Identification and estimation
of causal factor models of stationary time series. 25p.
122001 Joyeux, Roselyne. How to deal with structural breaks in
practical cointegration analysis. 11p.
2/2002 Olive, Michael. Markup, returns to scale, and the business
cycle and openness: evidence from Australian manufacturing.
22p.
PAGE 23
4/2000 Bryant, W.D.A. The equilibrium set is a small finite set
and negligible. 17p.
102001 Hawtrey, K.M. The yield spread and real economic activity:
the impact of globalisation. 23p.
5/2002 Cooray, Arusha. Financial deregulation in Sri Lanka:
implications for capital mobility. 26p.
4/2002 O'Donnell, Rod. The thick and the thin of controversy: a
critique of Bateman on Keynes. 18p.
3/2002 O'Donnell, Rod. What kind of economics graduates do we
want? A constructive critique of Hansen's proficiencies
approach. 14p.
6/2002 Cooray, Arusha. The Fisher effect: a review of the
literature. 25p.
8/2002 Olive, Michael. Is average variable cost a good proxy for
short-run marginal cost and why is it important?. 25p.
7/2002 Turnell, Sean. Keynes, economics and war: a liberal does of
realism. 21p.
9/2002 Bryant, William D.A.. Samuelson's `curious case' revisited:
it turns out to be normal - indeed generic. 31p.
UNIVERSITY OF MARYLAND. Department of Economics.
2001-3 Oates, Wallace E. A reconsideration of environmental
federalism. 48p.
UNIVERSITY OF MELBOURNE. Department of Economics.
825 Bardsley, Peter & Sherstyuk, Katerina. Rat races and glass
ceilings: career paths in organizations. 31p.
824 Borland, Jeff & McDonald, James T. Displaced workers in
Australia 1984-1996: macroeconomic conditions and structural
change. 40p.
826 Chou, Yuan K. & Chin, Martin S. Human capital, financial
innovations and growth: a theoretical approach. 30p.
823 Creedy, John & Duncan, Alan. Aggregating labour supply and
feedback effects in microsimulation. 26p.
822 Hyde, Charles E. Multinationals and the relationship
between strategic and tax transfer prices. 23p.
821 Hyde, Charles E. What motivates return policies?. 22p.
829 Aliprantis, C.D., Polyrakis, I.A. & Tourky, R. The cheapest
hedge: a portfolio dominance approach. 29p.
832 Aliprantis, Charalambos D. & Tourky, Rabee. Markets that
don't replicate any option. 6p.
827 Chang, Hsiao-Chuan. A new look at the impact of migration
on the wage differential. 26p.
835 Chou, Yuan K. & Chin, Martin S. Using a 2-sector growth
model to assess the macroeconomic consequences of financial
liberalization. 30p.
828 Frijters, Paul, Haisken-DeNew, John P. & Shields, Michael A.
The value of reunification in Germany: an analysis of
changes in life satisfaction. 35p.
830 Kells, Stuart. The Australian book auction records. 22p.
831 Lim, G.C. & McNelis, Paul D. Central bank learning, terms
of trade shocks and currency risks: should only inflation
matter for monetary policy?. 25p.
PAGE 24
833 Soupourmas, Faye & Ironmonger, Duncan. Calculating
Australia's gross household product: measuring the economic
value of the household economy, 1970-2000. 20p.
834 Stachurski, John. Random dynamical systems with
multiplicative noise. 18p.
841 Asano, Akihito. Inequality and growth: non-monotonic
effects via education and fertility. 35p.
838 Basov, Suren. Heterogeneous human capital: life cycle
investment in health and education. 22p.
843 Basov, Suren. Imitation and social learning. 23p.
840 Basov, Suren. Why do social skills matter?. 19p.
837 Chang, Hsiao-chuan. Do foreign workers have an adverse
effect on the native unskilled labour in Taiwan?. 17p.
839 Chin, Martin S. Modelling social infrastructure and growth.
32p.
842 Dixon, Robert, Freebairn, John & Lim, G.C. Why are
recessions as deep as they are? The behavior over time of
the outflow from unemployment: a new perspective. 40p.
836 Hirschberg, Joseph G., Slottje, Daniel & Arize, Augustine C.
Antitrust issues in international comparisons of market
structure. 40p.
844 Osborne, Martin J. & Tourky, Rabee. Party formation in
collective decision making. 33p.
847 Basov, Suren. Evolution of social behavior in the global
economy: the replicator dynamics with migration. 43p.
845 Brown, Sarah, et al. Risk preference and employment
contract type. 31p.
846 Dixon, Robert. A simple model of unemployment rate
dynamics. 33p.
851 Dixon, Robert. A discussion of the appropriate method for
decomposing changes over time in a weighted aggregate into
its proximate. 23p.
849 McLaren, Zoe. The effectiveness of reserve bank of
Australia foreign exchange intervention. 40p.
848 Olekalns, Nilss. The teaching of first year economics in
Australian universities. 21p.
850 Phillips, Bruce & Griffiths, William. Female earnings and
divorce rates: some Australian evidence. 29p.
853 Chang, Hsiao-Chuan. Are foreign workers responsible for the
increasing unemployment rate in Taiwan?. 23p.
855 Chou, Yuan K. The Australian growth experience (1960-2000):
R&D-based, human capital-based, or just steady state
growth?. 27p.
856 Griffiths, William. A Gibb's sampler for the parameters of
a truncated multivariate normal distribution. 16p.
857 Henry, Olan T., Olekalns, Nilss & Sheilds, Kalvinder.
Non-linear co-movements in output growth: evidence from the
United States and Australia. 10p.
858 Herbert, Ric D. & Stemp, Peter J. Reverse shooting in a
multi-dimensional setting. 35p.
854 Hirschberg, J.G. & Slottje, D.J. Bounding estimates of wage
discrimination. 24p.
852 Lye, Jenny N. & Hirschberg, Joseph G. Tests of inference
for dummy variables in regressions with logarithmic
transformed dependent variables. 16p.
PAGE 25
UNIVERSITY OF MINNESOTA. Center for Economic Research.
314 Hurwicz, Leonid & Marschak, Thomas. The informational
efficiency of finite price mechanisms. 73p.
315 McLennan, Andrew. The expected number of Nash equilibria of
a normal form game. 39p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
2001-3 Glewwe, Paul. School skills and economic development:
education policies, student learning and socioeconomic
outcomes in developi. 73p.
2002-1 Diao, Xinshen, Roe, Terry & Doukkali, Rachid. Economy-wide
benefits from establishing water user right markets in a
spatially heterogeneous agricultural economy. 34p.
MONASH UNIVERSITY. Department of Econometrics & Bus. Statistics.
112001 Hyndman, Rob J., et al. Prediction intervals for
exponential smoothing state space models. 21p.
102001 Racine, Jeff & Hyndman, Rob J. Using R to teach
econometrics. 14p.
9/2002 Athnasopoulos, George & Vahid, Farshid. Statistical
inference on changes in income inequality in Australia.
23p.
2/2002 Forbes, Catherine S., Martin, Gael M. & Wright, Jill.
Bayesian estimation of a stochastic volatility model using
option and spot prices. 40p.
7/2002 Fry, Tim R.L. & Harris, Mark N. The DOGEV model. 33p.
8/2002 Hanlon, Brian & Forbes, Catherine. Model selection criteria
for segmented time series from a Bayesian approach to
information compression. 27p.
102002 Hyndman, Rob J., et al. Local linear forecasts using cubic
smoothing splines. 19p.
1/2002 Lim, G.C., Martin, G.M. & Martin, V.L. Parametric pricing
of higher order moments in S&P 500 options. 47p.
4/2002 Lim, G.C., Martin, G.M. & Martin, V.L. Pricing currency
options in tranquil markets: modelling volatility frowns.
37p.
5/2002 Shami, Roland G. & Forbes, Catherine S. Non-linear
modelling of the Australian business cycle using a leading
indicator. 26p.
3/2002 Snyder, Ralph D., et al. Exponential smoothing for
inventory control: means and variances of lead-time demand.
13p.
6/2002 Wong, Gary K.K. & McLaren, Keith R. Modelling regular and
estimable inverse demand systems: a distance function
approach. 31p.
MONASH UNIVERSITY. Department of Economics.
2/2002 Booth, D. Ross. Labour market intervention, revenue sharing
and competitive balance in the VFL/AFL (Aust. football
leagues). 36p.
PAGE 26
5/2002 Dogan, Ergun & Fausten, Dietrich K. Productivity and
technical change in Malaysian banking. 57p.
8/2002 Li, Ke & Yang, Xiaokai. A general equilibrium model with
impersonal networking decisions and bundling sales. 58p.
102002 Li, Ke, Smyth, Russell & Shuntian, Yao. Institutionalized
corruption and privilege in China's socialist market
economy: A general equilibrium analysis. 30p.
4/2002 Maitra, Pushkar. Age at marriage and total fertility in
Nepal. 36p.
7/2002 Ng, Yew-Kwang. Intertemporal impartial welfare
maximization: replacing discounting by probability
weighting. 22p.
6/2002 Ng, Yew-Kwang & Ng, Siang. Why do governments encourage
improvements in infrastructure? Indirect network
externality of transaction efficienc. 17p.
172001 Pillarisetti, J. Ram. Environmental trade and sustainable
agriculture: policy issues. 23p.
1/2002 Pillarisetti, J. Ram. World income distribution and tax
reform: do low-income countries need direct tax systems?.
28p.
3/2002 Smyth, Russell. Is Chinese provincial real GDP per capita
nonstationary? Evidence from panel data and multiple trend
break unit ro. 34p.
112002 Sun, Guang-Zhen & Ng, Yew-Kwang. Time is more precious for
the young, life is more valuable for the old. 17p.
9/2002 Yang, Xiaokai. Walrasian sequential equilibrium, bounded
rationality, and social experiments. 52p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
2002-1 Bossert, Walter, Sprumont, Yves & Suzumura, Kotaro. Upper
semicontinuous extensions of binary relations. 16p.
200121 Castro, Rui & Coen-Pirani, Danielle. On the political
economy of sequential reform. 36p.
200123 Dufour, Jean-Marie & Farhat, Abdeljelil. Exact
nonparametric two-sample homogeneity tests for possibly
discrete distributions. 23p.
2002-3 Ehlers, Lars & Storcken, Ton. Arrow's theorem in spatial
environments. 34p.
200125 Ehlers, Lars. Multiple public goods and lexicographic
preferences: replacement principles. 20p.
200124 Ehlers, Lars. On fixed-path rationing methods. 6p.
200127 Ehlers, Lars & Klaus, Bettina. Probabilistic assignments of
identical indivisible objects and uniform probabilistic
rules. 25p.
200128 Gaudet, Gerard & Kanouni, Rams. Trade liberalization and
the profitability of domestic mergers. 10p.
200119 Goncalves, Silvia & White, Halbert. The bootstrap of the
mean for dependent heterogeneous arrays. 21p.
200118 Lluis, Stephanie. Wage policy of firms: an empirical
investigation. 36p.
200129 Meddahi, Nour. An eigenfunction approach for volatility
modeling. 44p.
200126 Meddahi, Nour. A theoretical comparison between integrated
and realized volatilities. 30p.
PAGE 27
200122 Ruge-Murcia, Francisco J. The inflation bias when the
central bank targets the natural rate of unemployment. 26p.
2002-2 Blackorby, Charles, Bossert, Walter & Donaldson, David. In
defense of welfarism. 18p.
200212 Bossert, Walter, Sprumont, Yves & Suzumura, Kotaro.
Consistent rationalizability. 16p.
200210 Bossert, Walter & Sprumont, Yves. Efficient and
non-deteriorating choice. 11p.
200211 Bossert, Walter, Pattanaik, Prasanta K. & Xu, Yongsheng.
Similarity of options and the measurement of diversity.
17p.
2002-8 Bouakez, Hafedh, Cardia, Emanuela & Ruge-Murcia, Francisco
J. Habit formation and the persistence of monetary shocks.
36p.
2002-5 Darolles, Serge, Florens, Jean-Pierre & Renault, Eric.
Nonparametric instrumental regression. 49p.
2002-9 Gaudet, Gerard & Salant, Stephen W. The effects of periodic
quotas limiting the stock of imports of durables. 27p.
2002-4 Maniquet, Francois & Sprumont, Yves. Fair production and
allocation of an excludable nonrival good. 14p.
2002-7 Ruge-Murcia, Francisco J. Does the Barro-Gordon model
explain the behavior of U.S. inflation? A reexamination of
the empirical evidence. 18p.
2002-6 Ruge-Murcia, Francisco J. Some implications of the zero
lower bound on interest rates for the term structure and
monetary policy. 45p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
593 Ahsan, Syed M. Institutional framework and poverty: a
transition economy perspective. 27p.
612 Alstadsaeter, Annette. Does the tax system encourage too
much education?. 18p.
606 Alvarez, Luis H.R. & Koskela, Erkki. Wicksellian theory of
forest rotation under interest rate variability. 22p.
555 Anderberg, Dan. An equilibrium analysis of marriage,
divorce and risk-sharing. 35p.
574 Andersen, Torben M. European integration: a downwards bias
in employment policies?. 29p.
608 Andreassen, Harald M, et al. Assessing monetary policy in
Norway. 45p.
567 Aronsson, Thomas, Backlund, Kenneth & Lofgren, Karl-Gustaf.
International cooperation over green taxes: on the
impossibility of achieving a probability one gain. 26p.
571 Bandholz, Harm & Funke, Michael. In search of leading
indicators of economic activity in Germany. 27p.
569 Barrowclough, Diana. Spilling over and crowding out: the
effects of public sector/private sector convergence and
competition, in the pro. 31p.
599 Beetsma, Roel, Debrun, Xavier & Klaassen, Frank. Is fiscal
policy coordination in EMU desirable?. 32p.
558 Blumkin, Tomer & Sadka, Efraim. Estate taxation. 31p.
578 Bohm, Hjalmar & Funke, Michael. Does the nominal exchange
rate regime matter for investment?. 25p.
PAGE 28
564 Borensztein, Eduardo R. & Gelos, R. Gaston. A panic-prone
pack? The behavior of emerging market mutual funds. 35p.
600 Bortolotti, Bernardo, Fantini, Marcella & Siniscalco,
Domenico. Privatisation around the world: new evidence from
panel data. 42p.
619 Bradford, David. Reforming budgetary language. 34p.
566 Calthrop, Edward. On subsidising auto-commuting. 32p.
618 Castronova, Edward. Virtual worlds: a first-hand account of
market and society on the cyberian frontier. 40p.
595 Christiansen, Vidar & Smith, Stephen. The economics of
duty-free shopping. 34p.
601 Conconi, Paola & Perroni, Carlo. Issue linkage and issue
tie-in in multilateral negotiations. 28p.
577 De Grauwe, Paul & Vansteenkiste, Isabel. Exchange rates and
fundamentals: a non-linear relationship?. 38p.
588 de Mooij, Ruud & Ederveen, Sjef. Taxation and foreign
direct investment: a synthesis of empirical research. 30p.
626 Dittrich, Dennis, Guth, Werner & Maciejovsky, Boris.
Overconfidence in investment decisions: an experimental
approach. 21p.
589 Dixit, Avinash. On modes of economic governance. 38p.
559 Doherty, Neil A. & Schlesinger, Harris. Insurance contracts
and securitization. 28p.
592 Dur, Robert A.J. & Teulings, Coen N. Education and
efficient redistribution. 38p.
573 Egger, Hartmut & Falkinger, Josef. A complete
characterization of the distributional effects of
international outsourcing in the Heckscher-Ohlin model.
35p.
613 Engstrom, Per, Holmlund, Bertil & Kolm, Ann-Sofie. Optimal
taxation in search equilibrium with home production. 39p.
591 Erlenmaier, Ulrich & Gerbach, Hans. The funds concentration
effect and discriminatory bailout. 50p.
611 Evans, George W., Honkapohja, Seppo & Marimon, Ramon.
Stable sunspot equilibria in a cash-in-advance economy.
28p.
621 Fellner, Gerlinde, Guth, Werner & Maciejovsky, Boris.
Illusion of expertise in portfolio decisions: an
experimental approach. 26p.
607 Flaig, Gebhard. Trend and cycles in U.S. real GDP. 14p.
556 Flandreau, Marc & Komlos, John. How to run a target zone?
Age old lessons from an Austro-Hungarian experiment. 39p.
622 Gersbach, Hans & Liessem, Verena. Reelection threshold
contracts in politics. 29p.
576 Glazer, Amihai, Kannianen, Vesa & Niskanen, Esko. Bequests,
control rights, and cost-benefit analysis. 18p.
625 Goerke, Laszlo. Accident law: an excessive standard may be
efficient. 11p.
582 Goerke, Laszlo. Redundancy pay and collective dismissals.
19p.
584 Grimm, Veronika, Riedel, Frank & Wolfstetter, Elmar. The
third generation (UMTS) spectrum auction in Germany. 22p.
565 Guinnane, Timothy W. Delegated monitors, large and small:
the development of Germany's banking system, 1800-1914.
58p.
PAGE 29
594 Hamilton, Stephen F. & Requate, Till. Vertical structure
and strategic environmental trade policy. 18p.
620 Hehenkamp, Burkhard, Leininger, Wolfgang & Possajennikov,
Alex. Evolutionary rent-seeking. 16p.
562 Hoel, Michael & Saether, Erik M. Public health care with
waiting time: the role of supplementary private health care.
26p.
596 Ichino, Andrea & Riphahn, Regina T. The effect of
employment protection on worker effort: a comparison of
absenteeism during and after probation. 18p.
590 Janeba, Eckhard & Smart, Michael. Is targeted tax
competition less harmful than its remedies?. 23p.
563 Jeanne, Olivier & Zettelmeyer, Jeromin. International
bailouts, moral hazard, and conditionality. 28p.
617 Kirchgassner, Gebhard. The effects of fiscal institutions
on public finance: a survey of the empirical evidence. 30p.
605 Kleven, Henrik J. & Kreiner, Claus T. On the optimality of
joint taxation with household production. 22p.
560 Komlos, John & Kriwy, Peter. The biological standard of
living in the two Germanies. 20p.
585 Lejour, Arjan M., de Mooij, Ruud A. & Nahuis, Richard. E.U.
enlargement: economic implications for countries and
industries. 30p.
604 Lutkepohl, Helmut & Wolters, Jurgen. The transmission of
German monetary policy in the pre-Euro period. 23p.
572 Martimort, David & Stole, Lars. Common agency equilibria
with discrete mechanisms and discrete types. 23p.
581 Martimort, David & Stole, Lars. Contractual externalities
and common agency equilibria. 43p.
575 Martimort, David & Stole, Lars. The revelation and
delegation principles in common agency games. 17p.
597 Moraga, Jose Luis & Viaene, Jean-Marie. Procompetitive
trade policies. 33p.
614 Nam, Chang Woon & Parsche, Rudiger. Looking for appropriate
forms of intergovernmental transfers for municipalities in
transition economies. 18p.
557 Niemann, Rainer. Tax rate uncertainty and investment
behavior. 31p.
610 Peri, Giovanni. Young people, skills and cities. 30p.
580 Perry, Craig W. & Rosen, Harvey S. Insurance and the
utilization of medical services among the self-employed.
50p.
586 Prendergast, Canice & Stole, Lars. Barter, liquidity and
market segmentation. 35p.
598 Raff, Horst & von der Ruhr, Marc. Foreign direct investment
in producer services: theory and empirical evidence. 33p.
602 Redoano, Michela & Scharf, Kimberley A. The political
economy of policy centralization: direct versus
representative democracy. 27p.
624 Richter, Wolfram P. Delayed integration of mobile labor: a
principle for coordinating taxation, social security, and
social assistance. 26p.
579 Sandmo, Agnar. Bridging the tax expenditure gap: green
taxes and the marginal cost of funds. 23p.
PAGE 30
568 Santos, Georgina & Newbery, David. Urban congestion
charging: theory, practice and environmental consequences.
20p.
615 Schaltegger, Christoph A. & Feld, Lars P. On government
centralization and budget referendums: evidence from
Switzerland. 35p.
623 Sinn, Hans-Werner. The new systems competition. 24p.
603 Sinn, Hans-Werner. Risk taking, limited liability and the
competition of bank regulators. 32p.
561 Sinn, Hans-Werner & Ubelmesser, Silke. When will the
Germans get trapped in their pension system?. 19p.
583 Steigum, Erling & Thogersen, Oystein. Borrow and adjust:
fiscal policy and sectoral adjustment in an open economy.
32p.
587 Steigum, Erling. Trade unions and the burden of the public
debt. 27p.
570 van Aarle, Bas & Garretsen, Harry. Keynesian, non-Keynesian
or no effects of fiscal policy change? The EMU case. 25p.
609 Walsh, Carl E. Speed limit policies: the output gap and
optimal monetary policy. 30p.
630 Beetsma, Roel, Bettendorf, Leon & Broer, Peter. The
budgeting and economic consequences of ageing in the
Netherlands. 28p.
616 Boone, Jan, et al. Optimal unemployment insurance with
monitoring and sanctions. 26p.
628 Haufler, Andreas & Wooton, Ian. Regional tax coordination
and foreign direct investment. 23p.
627 Ochel, Wolfgang. Financial incentives to work: conceptions
and results in Great Britain, Ireland and Canada. 22p.
629 Uhlig, Harald. Did the Fed surprise the markets in 2001? A
case study for VARs with sign restrictions. 23p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
8635 Abel, Andrew B. On the invariance of the rate of return to
convex adjustment costs. 19p.
8649 Abel, Andrew B. On the invariance of the rate of return to
convex adjustment costs. 19p.
8646 Alesina, Alberto, Angeloni, Ignazio & Etro, Federico.
Institutional rules for federations. 42p.
8645 Alesina, Alberto, Angeloni, Ignatio & Etro, Federico. The
political economy of international unions. 51p.
8647 Alesina, Alberto, Angeloni, Ignazio & Schuknecht, Ludger.
What does the European Union do?. 37p.
8631 Aizenman, Joshua & Marion, Nancy. The merits of horizontal
versus vertical FDI in the presence of uncertainty. 37p.
8643 Ang, Andrew, Chen, Joseph & Xing, Yuhang. Downside risk and
the momentum effect. 46p.
8660 Angrist, Joshua D. & Kugler, Adriana D. Protective or
counter-productive? European labor market institutions and
the effect of immigrants on EU natives. 48p.
8618 Apfel, Robert C., et al. Short sales, damage and class
certification in 10B-5 actions. 41p.
8681 Atkeson, Andrew & Kehoe, Patrick J. The advantage of
transparent instruments of monetary policy. 39p.
PAGE 31
8676 Atkeson, Andrew & Kehoe, Patrick J. The transition to a new
economy after the second Industrial Revolution. 53p.
8658 Baker, Michael, Gruber, Jonathan & Milligan, Kevin. The
retirement incentive effects of Canada's income security
programs. 47p.
8638 Bar-Ilan, Avner & Sacerdote, Bruce. The response to fines
and probability of detection in a series of experiments.
42p.
8661 Bebchuk, Lucian A., Fried, Jesse M. & Walker, David I.
Executive compensation in America: optimal contracting or
extraction of rents?. 109p.
8703 Bebchuk, Lucian A. & Hamdani, Assaf. Optimal defaults for
corporate law evolution. 42p.
8633 Bebchuk, Lucian & Hart, Oliver. Takeover bids vs. proxy
fights in contests for corporate control. 40p.
8619 Bivins, Laura L. & Krishna, Kala. Transferability of
migration licenses and the distribution of potential rents.
30p.
8685 Bloom, David E., Canning, David & Sevilla, Jaypee. Economic
growth and the demographic transition. 87p.
8640 Boersch-Supan, Axel. Labor market effects of population
aging. 38p.
8620 Borenstein, Severin, et al. Trading inefficiencies in
California's electricity markets. 42p.
8652 Bris, Arturo & Welch, Ivo. The optimal concentration of
creditors. 42p.
8594 Carow, Kenneth A. & Kane, Edward J. Event-study evidence of
the value of relaxing longstanding regulatory on banks,
1970-2000. 40p.
8695 Carroll, Christopher D. The epidemiology of macroeconomic
expectations. 47p.
8615 Chattapadhyay, Raghabendra & Duflo, Esther. Women as policy
makers: evidence from a India-wide randomized policy
experiment. 39p.
8632 Chernew, Michael, Gowrisankaran, Gautam & Fendrick, A. Mark.
Payer type and the returns to bypass surgery: evidence from
hospital entry behavior. 34p.
8655 Choi, James J., et al. Defined contribution pensions: plan
rules, participant decisions, and the path of least
resistance. 56p.
8651 Choi, James J., et al. For better or for worse: default
effects and 401(k) savings behavior. 49p.
8596 Clark, Gregory & Feenstra, Robert. Technology in the great
divergence. 59p.
8693 Coate, Stephen. Political competition with campaign
contributions and informative advertising. 50p.
8627 Costa, Dora L. & Kahn, Matthew E. Cowards and heroes: group
loyalty in the American Civil War. 34p.
8621 Currie, Janet & Fahr, John. Hospitals, managed care, and
the charity caseload in California. 46p.
8629 Das, Sanghamitra, Roberts, Mark J. & Tybout, James R.
Market entry costs, producer heterogeneity, and export
dynamics. 52p.
8637 Davis, Donald R. & Weinstein, David E. The factor content
of trade. 43p.
PAGE 32
8698 Desai, Mihir A., Foley, C. Fritz & Hines, James R. Dividend
policy inside the firm. 62p.
8697 Dranove, David, et al. Is more information better? The
effects of `report cards' on health care providers. 31p.
8710 Duflo, Esther. The medium run effect of educational
expansion: evidence from a large school construction program
in Indonesia. 54p.
8671 Edwards, Sebastian & Magendzo, I. Igal. Dollarization,
inflation and growth. 21p.
8691 Farrelly, Matthew C., Pechacek, Terry F. & Chaloupka, Frank
J. The impact of tobacco control program expenditures on
aggregate cigarette sales, 1981-1998. 32p.
8634 Frankel, Jeffrey A. & Roubini, Nouriel. The role of
industrial country policies in emerging market crises.
110p.
8628 Fuchs, Victor R., McClennan, Mark & Skinner, Jonathan. Area
differences in utilization of medical care and mortality
among U.S. elderly. 60p.
8696 Glaesser, Edward L. & Shapiro, Jesse M. Cities and warfare:
the impact of terrorism on urban form. 30p.
8613 Glaesser, Edward L. Public ownership in the American city.
43p.
8650 Glaesser, Edward L. & Shleifer, Andrei. The rise of the
regulatory state. 39p.
8686 Goetzmann, William N. & Kumar, Alok. Equity portfolio
diversification. 37p.
8612 Goetzmann, William N, Li, Ling-feng & Rouwenhorst, K. Geert.
Long-term global market correlations. 50p.
8678 Graham, John R. & Harvey, Campbell R. Expectations of
equity risk premia, volatility and asymmetry from a
corporate finance perspective. 38p.
8705 Gray, Wayne B. & Shadbegian, Ronald J. When do firms shift
production across states to avoid environmental regulation?.
30p.
8657 Gruber, Jonathan. Taxes and health insurance. 44p.
8675 Harrigan, James. Specialization and the volume of trade: do
the data obey the laws?. 56p.
8690 Holden, Steinar & Driscoll, John C. A note on inflation
persistence. 13p.
8648 Irwin, Douglas A. & Pavcnik, Nina. Airbus versus Boeing
revisited: international competition in the aircraft market.
38p.
8689 Irwin, Douglas A. The optimal tax on antebellum U.S. cotton
exports. 27p.
8692 Irwin, Douglas A. The welfare cost of autarky: evidence
from the Jeffersonian trade embargo, 1807-1809. 25p.
8682 Jagannathan, Ravi, Kaplin, Andrew & Sun, Steve G. An
evaluation of multi-factor CIR models using LIBOR, swap
rates, and cap and swaption prices. 42p.
8626 Jofre-Bonet, Mireia & Pesendorfer, Martin. Estimation of a
dynamic auction game. 55p.
8688 Kaplow, Louis & Shavell, Steven. Moral rules and the moral
sentiments: toward a theory of an optimal moral system.
59p.
PAGE 33
8609 Kogan, Leonid & Uppal, Raman. Risk aversion and optimal
portfolio policies in partial and general equilibrium
economies. 34p.
8694 Kroszner, Randall S. & Strahan, Philip E. Throwing good
money after bad? Board connections and conflicts in bank
lending. 38p.
8656 Lanjouw, Jean O. & Schankerman, Mark. Enforcing
intellectual property rights. 44p.
8677 Lichtenberg, Frank R. The effect of new drugs on mortality
from rare diseases and HIV. 27p.
8625 Liebman, Jeffrey B. Redistribution in the current U.S.
Social Security system. 41p.
8665 Lipsey, Robert E. Foreign direct investment and the
operations of multinational firms: concepts, history, and
data. 56p.
8642 Lundberg, Shelly & Pollak, Robert A. Efficiency in
marriage. 26p.
8622 McGrattan, Ellen R. & Prescott, Edward C. The stock market
crash of 1929: Irving Fisher was right!. 37p.
8623 McGrattan, Ellen R. & Prescott, Edward C. Taxes,
regulations and asset prices. 48p.
8644 Mairesse, Jacques & Mohnen, Pierre. To be or not to be
innovative: an exercise in measurement. 38p.
8614 Mankiw, N. Gregory & Reis, Ricardo. Sticky information: a
model of monetary noneutrality and structural slumps. 40p.
8701 Mayer, Christopher & Sinai, Todd. Network effects,
congestion externalities, and air traffic delays: or why all
delays are not evil. 52p.
8617 Mishkin, Frederic S. The transmission mechanism and the
role of asset prices in monetary policy. 21p.
8639 Mocan, H. Naci & Gittings, R. Kaj. Pardons, executions and
homicide. 44p.
8654 Morck, Randall & Yang, Fan. The mysterious growing value of
S&P 500 membership. 48p.
8668 Morton, Fiona S., Zettelmeyer, Florian & Silva-Risso, Jorge.
Consumer information and price discrimination: does the
Internet affect the pricing of new cars to women and minori.
33p.
8653 Myers, Mary M, et al. Copycat funds: information disclosure
regulation and the returns to active management in the
mutual funds industry. 31p.
8663 Neumark, David & Kawaguchi, Daiji. Attrition bias in
economic relationships estimated with matched CPS files.
43p.
8616 Niederle, Muriel & Roth, Alvin E. Unraveling reduces the
scope of an entry level labor market: gastroenterology with
and without a centralized match. 28p.
8630 Ofek, Eli & RIchardson, Matthew. Dotcom mania: the rise and
fall of internet stock prices. 56p.
8679 Paasche, Bernhard & Zin, Stanley E. Competition and
intervention in sovereign debt markets. 39p.
8680 Pinkowitz, Lee, Stulz, Rene M. & Williamson, Rohan.
Corporate governance and the home bias. 33p.
8610 Poterba, James M., Venti, Steven F. & Wise, David A. The
transition to personal accounts and increasing retirement
wealth: macro and micro evidence. 90p.
PAGE 34
8670 Powers, Elizabeth T. & Neumark, David. The Supplemental
Security Income program and incentives to take up Social
Security early retirement: empirical evid. 43p.
8664 Prendergast, Canice. Selection and oversight in the public
sector, with the Los Angeles Police Department as an
example. 40p.
8708 Rauch, James E. & Watson, Joel. Entrepreneurship in
international trade. 36p.
8659 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Why
international equity inflows to emerging markets are
inefficient and small relative to international debt inflo.
21p.
8687 Reiss, Peter C. & White, Matthew W. Household electricity
demand, revisited. 54p.
8636 Rigobon, Roberto. The curse of non-investment grade
countries. 27p.
8683 Routledge, Bryan R. & Zin, Stanley E. Model uncertainty and
liquidity. 50p.
8699 Saffer, Henry & Dave, Dhaval. Mental illness and the demand
for alcohol, cocaine and cigarettes. 30p.
8666 Shanken, Jay & Tamayo, Ane. Risk, mispricing, and asset
allocation: conditioning on dividend yield. 54p.
8672 Shapiro, Matthew D. & Slemrod, Joel. Consumer response to
tax rebates. 52p.
8624 Silk, Alvin J., Klein, Lisa R. & Berndt, Ernst R.
Intermedia substitutability and market demand by national
advertisers. 57p.
8669 Sinn, Hans-Werner. Risk taking, limited liability and the
competition of bank regulators. 38p.
8641 Titman, Sheridan. The Modigliani and Miller theorem and
market efficiency. 25p.
8684 Vegh, Carlos A. Monetary policy, interest rate rules, and
inflation targeting: some basic equivalence. 34p.
8608 Venti, Steven F. & Wise, David A. Aging and housing equity:
another look. 77p.
8611 Wei, Shang-Jin & Wu, Yi. Globalization and inequality:
evidence from within China. 34p.
8662 Whalley, John. Puzzles over international taxation of cross
border flows of capital income. 23p.
8702 Williams, Jenny, Chaloupka, Frank J. & Wechsler, Henry. Are
there differential effects of price and policy on college
students' drinking intensity?. 20p.
8673 Woodford, Michael. Imperfect common knowledge and the
effects of monetary policy. 44p.
8674 Woodford, Michael. Monetary policy in the information
economy. 69p.
8667 Zettelmeyer, Florian, Morton, Fiona S. & Silva-Risso, Jorge.
Cowboys or cowards: why are Internet car prices lower?.
33p.
8798 Ackerberg, Daniel A. & Rysman, Marc. Unobserved product
differentiation in discrete choice models: estimating price
elasticities and welfare effects. 33p.
8735 Ameriks, John, Caplin, Andrew & Leahy, John. Retirement
consumption: insights from a survey. 34p.
PAGE 35
8770 Anderson, Patricia M., Butcher, Kristin F. & Levine, Phillip
B. Maternal employment and overweight children. 41p.
8722 Atekson, Andrew & Kehoe, Patrick J. Measuring organization
capital. 35p.
8707 Au, Chun-Chung & Henderson, Vernon. How migration
restrictions limit agglomeration and productivity in China.
59p.
8766 Aw, Bee Yan, Chung, Sukkyun & Roberts, Mark J.
Productivity, output, and failure: a comparison of Taiwanese
and Korean manufacturing. 45p.
8727 Baker, George P. & Hubbard, Thomas N. Make versus buy in
trucking: asset ownership, job design and information. 44p.
8750 Baker, Malcolm, Stein, Jeremy C. & Wurgler, Jeffrey. When
does the market matter? Stock prices and the investment of
equity dependent firms. 42p.
8795 Bekaert, Geert, Wei, Min & Xing, Yuhang. Uncovered interest
rate parity and the term structure. 56p.
8756 Baldwin, RIchard E. & Robert-Nicoud, Frederic. Entry and
asymmetric lobbying: why governments pick losers. 23p.
8785 Ball, Laurence & Tchaidze, Robert. The Fed and the new
economy. 16p.
8787 Beaudry, Paul & Green, David A. Changes in U.S. wages
1976-2000: ongoing skill bias or major technological
change?. 39p.
8754 Beaudry, Paul & Collard, Fabrice. Why has the
employment-productivity tradeoff among industrialized
countries been so strong?. 41p.
8784 Bitler, Marianne P., Gelbach, Jonah B. & Hoynes, Hilary W.
The impact of welfare reform on living arrangements. 57p.
8713 Bloom, David E., Canning, David & Sevilla, Jaypee.
Technological diffusion, conditional convergence, and
economic growth. 25p.
8714 Bloom, David E., Canning, David & Sevilla, Jaypee. The
wealth of nations: fundamental forces versus poverty traps.
34p.
8717 Bordo, Michael D. & Schwartz, Anna J. Charles Goodhart's
contributions to the history of monetary institutions. 27p.
8753 Brown, Jeffrey R. & Weisbenner, Scott J. Is a bird in hand
worth more than a bird in the bush? Intergenerational
transfers and savings behavior. 42p.
8700 Bryan, Michael F., Cecchetti, Stephen G. & O'Sullivan,
Roisin. Asset prices in the measurement of inflation. 38p.
8748 Burstein, Ariel, Eichenbaum, Martin & Rebelo, Sergio. Why
are rates of inflation so low after large devaluations?.
52p.
8758 Caballero, Ricardo J. & Krishnamurthy, Arvind. A dual
liquidity model for emerging markets. 9p.
8765 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad T.
The need for international policy coordination: what's old,
what's new, what's yet to come?. 31p.
8801 Card, David & Freeman, Richard B. What have two decades of
British economic reform delivered?. 71p.
8780 Chan, Sewin & Stevens, Ann H. How does job loss affect the
timing of retirement?. 32p.
PAGE 36
8746 Chowdhry, Bhagwan, Grinblatt, Mark & Levine, David.
Information aggregation, security design and currency swaps.
28p.
8720 Coate, Stephen & Conlin, Michael. Voter turnout: theory and
evidence from Texas liquor referenda. 47p.
8793 Cohen, Randolph B., Gompers, Paul A. & Vuolteenaho, Tuomo.
Who underreacts to cash-flow news? Evidence from trading
between individuals and institutions. 71p.
8802 Cutler, David M. Health care and the public sector. 147p.
8761 Decker, Sandra L. & Rapaport, Carol. Medicare and
disparities in women's health. 30p.
8718 Dominitz, Jeff, Manski, Charles F. & Heinz, Jordan. Social
security expectations and retirement savings decisions.
52p.
8711 Dyck, Alexander & Zingales, Luigi. Private benefits of
control: an international comparison. 57p.
8760 Edmonds, Eric & Pavcnik, Nina. Does globalization increase
child labor? Evidence from Vietnam. 49p.
8792 Ehrenberg, Ronald G. & Smith, Christopher L. Within state
transitions from 2-year to 4-year public institutions. 37p.
8716 Eichengreen, Barry & Bordo, Michael D. Crises now and then:
what lessons from the last era of financial globalization?.
54p.
8725 Engel, Charles. The responsiveness of consumer prices to
exchange rates and the implications for exchange-rate
policy: A survey of . 35p.
8803 Engel, Eduardo, Fischer, Ronald & Galetovic, Alexander.
Highway franchising and real estate values. 27p.
8791 Farnsworth, Heber, et al. Performance evaluation with
stochastic discount factors. 48p.
8790 Ferson, Wayne & Khang, Kenneth. Conditional performance
measurement using portfolio weights: evidence for pension
funds. 56p.
8789 Ferson, Wayne E. & Siegel, Andrew F. Stochastic discount
factor bounds with conditioning information. 46p.
8726 Francis, Neville & Ramey, Valerie A. Is the
technology-driven real business cycle hypothesis dead?
Shocks and aggregate fluctuations revisited. 48p.
8797 Freeman, Richard B. & Schettkat, Ronald. Marketization of
production and the U.S.-Europe employment gap. 30p.
8723 Fullerton, Don & Mohr, Robert D. Suggested subsidies are
sub-optimal unless combined with an output tax. 26p.
8767 Gali, Jordi. New perspectives on monetary policy,
inflation, and the business cycle. 50p.
8768 Gali, Jordi, Lopez-Salido, J. David & Valles, Javier.
Technology shocks and monetary policy: assessing the Fed's
performance. 26p.
8771 Gordon, Robert J. Technology and economic performance in
the American economy. 48p.
8788 Goyal, Amit & Welch, Ivo. Predicting the equity premium
with dividend ratios. 30p.
8807 Graham, Stuart J.H., et al. Post-issue patent `quality
control': a comparative study of U.S. patent re-examinations
and European patent opposit. 44p.
PAGE 37
8734 Grinblatt, Mark & Han, Bing. The disposition effect and
momentum. 43p.
8745 Grinblatt, Mark & Keloharju, Matti. Tax-loss trading and
wash sales. 36p.
8744 Grinblatt, Mark & Moskowitz, Tobias J. What do we really
know about the cross-sectional relation between past and
expected returns?. 47p.
8704 Grossman, Gene M. & Lai, Edwin L.C. International
protection of intellectual property. 43p.
8728 Grossman, Gene M. & Helpman, Elhanan. Outsourcing in a
global economy. 54p.
8733 Grossman, Herschel I. Constitution or conflict?. 27p.
8777 Gruber, Jonathan & Koszegi, Botond. A theory of government
regulation of addictive bads: optimal tax levels and tax
incidence for cigarette excise taxa. 47p.
8772 Gustman, Alan L. & Steinmeier, Thomas L. Social security,
pensions and retirement behavior within the family. 46p.
8773 Hall, Bronwyn H. The financing of research and development.
34p.
8757 Hamermesh, Daniel S. International labor economics. 30p.
8741 Hanushek, Eric A., Kain, John F. & Rivkin, Steven G. New
evidence about Brown v. Board of Education: the complex
effects of school racial composition on achievement. 41p.
8799 Hanushek, Eric A. Publicly provided education. 128p.
8724 Haskel, Jonathan E., Pereira, Sonia C. & Slaughter, Matthew
J. Does inward foreign direct investment boost the
productivity of domestic firms?. 38p.
8712 Hummels, David & Klenow, Peter J. The variety and quality
of a nation's trade. 32p.
8719 Jagannathan, Ravi & Meier, Ivan. Do we need CAPM for
capital budgeting?. 45p.
8762 Jovanovic, Boyan & Rousseau, Peter L. Moore's law and
learning-by-doing. 29p.
8740 Jovanovic, Boyan & Rousseau, Peter L. The q-theory of
mergers. 13p.
8751 Irwin, Douglas A. Did import substitution promote growth in
the late nineteenth century?. 36p.
8739 Irwin, Douglas A. Interpreting the tariff-growth
correlation of the late nineteenth century. 15p.
8806 Kaiser, Ulrich. The effects of website provision on the
demand for German women's magazines. 31p.
8742 Kalemli-Ozcan, Sebnem & Weil, David N. Mortality change,
the uncertainty effect, and retirement. 30p.
8764 Kaplan, Steven N. & Stromberg, Per. Characteristics,
contracts, and actions: evidence from venture capitalist
analyses. 48p.
8729 Kleiner, Morris M. & Ham, Hwikwon. Do industrial relations
institutions impact economic outcomes? International and
U.S. state-level evidence. 43p.
8804 Kraay, Aart & Ventura, Jaume. Trade integration and risk
sharing. 36p.
8796 Krishna, Kala, Tan, Ling Hui & Ranjan, Ram. Quantity
controls, license transferability, and the level of
investment. 42p.
PAGE 38
8737 Lach, Saul. Existence and persistence of price dispersion:
an empirical analysis. 26p.
8731 Lachance, Marie-Eve & Mitchell, Olivia S. Guaranteeing
defined contribution pensions: the option to buy-back a
defined benefit promise. 24p.
8759 La Porta, Rafael, et al. The guarantees of freedom. 52p.
8755 Lichtenberg, Frank R. Sources of U.S. longevity increase,
1960-1997. 32p.
8730 Moffitt, Robert. Economic effects of means-tested transfers
in the U.S. 51p.
8749 Moffitt, Robert A. The Temporary Assistance for Needy
Families Program. 115p.
8775 Mulligan, Casey B. A dual method of empirically evaluating
dynamic competitive equilibrium models with market
distortions, applied to . 50p.
8786 Page, Marianne E. & Stevens, Ann H. Will you miss me when I
am gone? The economic consequences of absent parents. 38p.
8715 Pakes, Ariel. A reconsideration of hedonic price indices
with an application to PCs. 56p.
8721 Parrado, Eric & Velasco, Andres. Optimal interest rate
policy in a small open economy. 43p.
8763 Parrino, Robert, Poteshman, Allen M. & Weisbach, Michael S.
Measuring investment distortions when risk-averse managers
decide whether to undertake risky projects. 54p.
8781 Poterba, James M. & Shoven, John B. Exchange traded funds:
a new investment option for taxable investors. 13p.
8738 Reinhart, Carmen M. Default, currency crises and sovereign
credit ratings. 35p.
8706 Rigobon, ROberto. Disinflation and fiscal reform: a
neoclassical perspective. 39p.
8794 Rigobon, Roberto & Sack, Brian. The impact of monetary
policy on asset prices. 38p.
8805 Ritter, Jay & Welch, Ivo. A review of IPO activity,
pricing, and allocations. 44p.
8709 Sinai, Todd & Waldfogel, Joel. Do low income housing
subsidies increase housing consumption?. 35p.
8747 Sinn, Hans-Werner. The new systems competition. 24p.
8732 Smetters, Kent. Controlling the cost of minimum benefit
guarantees in public pension conversions. 37p.
8782 Welch, Ivo. Columbus' egg: the real determinant of capital
structure. 43p.
8743 Wolff, Edard R. Productivity, computerization, and skill
change. 46p.
8736 Zarnowitz, Victor & Ozyildirim, Ataman. Time series
decomposition and measurement of business cycles, trends and
growth cycles. 48p.
8832 Acemoglu, Daron. Cross-country inequality trends. 42p.
8831 Acemoglu, Daron & Robinson, James A. Economic backwardness
in political perspective. 50p.
8824 Alquist, Ron & Chinn, Menzie D. Productivity and the
Euro-dollar exchange rate puzzle. 29p.
8847 Anderson, James E. & Young, Leslie. Imperfect contract
enforcement. 49p.
8823 Azuma, Yoshiaki & Grossman, Herschel I. A theory of the
informal sector. 20p.
PAGE 39
8816 Baker, Malcolm & Stein, Jeremy C. Market liquidity as a
sentiment indicator. 46p.
8892 Bergoeing, Raphael, et al. Policy-driven productivity in
Chile and Mexico in the 1980s and 1990s. 12p.
8841 Bertrand, Marianne, Duflo, Esther & Mullainathan, Sendhil.
How much should we trust differences-in-differences
estimates?. 37p.
8825 Black, Dan A., et al. Is the threat of reemployment
services more effective than the services themselves?
Experimental evidence from the. 48p.
8820 Blank, Rebecca M. Can equity and efficiency complement each
other?. 31p.
8834 Blonigen, Bruce A. & Davies, Ronald B. Do bilateral tax
treaties promote foreign direct investment?. 30p.
8862 Blonigen, Bruce A. & Kolpin, Van. Technology,
agglomeration, and regional competition for investment.
25p.
8808 Bloom, David E., Canning, David & Graham, Bryan. Longevity
and life cycle savings. 50p.
8814 Bodenhorn, Howard. Partnership and hold-up in early
America. 37p.
8822 Brav, Alon, Constantinides, George M. & Geczy, Christopher.
Asset pricing with heterogeneous consumers and limited
participation: empirical evidence. 41p.
8809 Budd, John W., Konings, Jozef & Slaughter, Matthew J.
International rent sharing in multinational firms. 31p.
8840 Carneiro, Pedro, Hansen, Karsten T. & Heckman, James J.
Removing the veil of ignorance in assessing the
distributional impact of social policies. 29p.
8838 Chang, Roberto & Velasco, Andres. Dollarization: analytical
issues. 23p.
8891 Clark, Robert L. & Mitchell, Olivia S. Strengthening
employment-based pensions in Japan. 38p.
8839 Cochrane, John H. & Piazzesi, Monika. The Fed and interest
rates: a high-frequency identification. 15p.
8836 Collins, WIlliam J. & Thomasson, Melissa A. Exploring the
racial gap in infant mortality rates, 1920-1970. 55p.
8826 Constantinides, George M. Rational asset prices. 41p.
8867 Constantinides, George M. & Perrakis, Stylianos. Stochastic
dominance bounds on derivative prices in a multiperiod
economic with proportional transaction costs. 56p.
8843 Costa, Dora L. The measure of man and older age mortality:
evidence from the Gould sample. 34p.
8812 Currie, Janet & Fahr, John. Medicaid managed care: effects
on children's Medicaid coverage and utilization. 43p.
8866 Desai, Mihir A. The corporate profit base, tax sheltering
activity, and the changing nature of employee compensation.
54p.
8858 Devereux, Michael B. & Engel, Charles. Exchange rate
pass-through, exchange rate volatility, and exchange rate
disconnect. 41p.
8885 Duflo, Esther & Saez, Emmanuel. The role of information and
social interactions in retirement plan decisions" evidence
from a randomized experiment. 51p.
PAGE 40
8869 Engel, Eduardo, Fischer, Ronald & Galetovic, Alexander.
Competition in or for the field: which is better?. 17p.
8888 Eskeland, Gunnar S. & Harrison, Ann E. Moving to greener
pastures? Multinationals and the pollution haven
hypothesis. 38p.
8842 Estevadeordal, Antoni & Taylor, Alan M. Testing trade
theory in Ohlin's time. 29p.
8837 Feldstein, Martin. Economic and financial crises in
emerging market economies: overview of prevention and
management. 36p.
8828 Frankel, Jeffrey A., Schmukler, Sergio L. & Serven, Luis.
Global transmission of interest rates: monetary independence
and currency regime. 44p.
8829 Fullerton, Don & Metcalf, Gilbert E. Tax incidence. 85p.
8830 Galenson, David W. Was Jackson Pollock the greatest modern
American painter? A quantitative investigation. 38p.
8850 Gali, Jordi, Gertler, Mark & Lopez-Salido, J. David.
Markups, gaps, and the welfare costs of business
fluctuations. 35p.
8877 Garmaise, Mark J. & Moskowitz, Tobias J. Confronting
information asymmetries: evidence from real estate markets.
44p.
8874 Garmaise, Mark J. & Moskowitz, Tobias J. Informal financial
networks: theory and evidence. 49p.
8889 Gibbons, Robert, et al. Comparative advantage, learning,
and sectoral wage determination. 52p.
8835 Glaeser, Edward L. & Gyourko, Joseph. The impact of zoning
on housing affordability. 35p.
8854 Gordon, Roger H. & Hines, James R. International taxation.
89p.
8872 Gruber, Jonathan & Mullainathan, Sendhil. Do cigarette
taxes make smokers happier?. 38p.
8817 Gruber, Jonathan & Madrian, Brigitte C. Health insurance,
labor supply, and job mobility: a critical review of the
literature. 58p.
8878 Gruber, Jonathan & McKnight, Robin. Why did employee health
insurance contributions rise?. 41p.
8849 Hall, Robert E. Industry dynamics with adjustment costs.
37p.
8894 Hallward-Drimeier, Mary, Iarossi, Guiseppe & Sokoloff,
Kenneth L. Exports and manufacturing productivity in East
Asia: a comparative analysis with firm-level data. 63p.
8887 Harrison, Anne E., Love, Inessa & McMillan, Margaret S.
Global capital flows and financing constraints. 47p.
8865 Holden, Steinar. The costs of price stability: downward
nominal wage rigidity in Europe. 41p.
8855 Hoxby, Caroline M. The cost of accountability. 25p.
8873 Hoxby, Caroline M. School choice and school productivity or
could school choice be a tide that lifts all boats. 75p.
8821 Ireland, Peter N. Implementing the Friedman rule. 34p.
8882 Jensen, Christian & McCallum, Bennett T. The non-optimality
of proposed monetary policy rules under timeless-perspective
commitment. 9p.
8852 Johnson, Simon, McMillan, John & Woodruff, Christopher.
Property rights and finance. 63p.
PAGE 41
8844 Katzman, Brett, Markowitz, Sara & McGeary, Kerry A. The
impact of lending, borrowing, and anti-smoking policies on
cigarette consumption by teens. 49p.
8857 Kim, Sukkoo. The reconstruction of the American urban
landscape in the twentieth century. 46p.
8861 Klaff, Daniel B. & Ehrenberg, Ronald G. Collective
bargaining and staff salaries in American colleges and
universities. 23p.
8819 Klette, Tor J & Kortum, Samuel. Innovating firms and
aggregate innovation. 43p.
8875 Krueger, Alan B. Economic considerations and class size.
48p.
8871 Kunreuther, Howard & Heal, Geoffrey. Interdependent
security: the case of identical agents. 30p.
8859 Lafontaine, Francine & Masten, Scott E. Contracting in the
absence of specific investments and moral hazard:
understanding carrier-driver relations in U.S.. 43p.
8868 Lafontaine, Francine & Raynaud, Emmanuel. The role of
residual claims and self-enforcement in franchise
contracting. 31p.
8848 La Porta, Rafael, Lopez-de-Silanes, Florencio & Zamarripa,
Guillermo. Related lending. 33p.
8813 Levine, Phillip B. & Staiger, Douglas. Abortion as
insurance. 42p.
8815 Lochner, Lance & Monge-Naranjo, Alexander. Human capital
formation with endogenous credit constraints. 45p.
8810 Markowitz, Sara, et al. Substance abuse and suicidal
behavior among young adults. 31p.
8881 Melitz, Marc J. The impact of trade on intra-industry
reallocations and aggregate industry productivity. 42p.
8845 Millgan, Kevin. Subsidizing the stork: new evidence on tax
incentives and fertility. 65p.
8876 Moskowitz, Tobias J. & Vissing-Jorgensen, Annette. The
returns to entrepreneurial investment: a private equity
premium puzzle?. 53p.
8811 Nagin, Daniel, et al. Monitoring motivation and management:
the determinants of opportunistic behavior in a field
experiment. 46p.
8851 Nishiyama, Shinichi & Smetters, Kent. Ricardian equivalence
with incomplete household risk sharing. 23p.
8818 Nordhaus, William D. The health of nations: the
contribution of improved health to living standards. 59p.
8856 O'Grada, Cormac & White, Eugene N. Who panics during
panics? Evidence from a 19th century savings bank. 46p.
8846 Obstfeld, Maurice & Taylor, Alan M. Globalization and
capital markets. 67p.
8863 Olmstead, Alan L. & Rhode, Paul W. The red queen and the
hard reds: productivity growth in American wheat, 1800 -
1940. 48p.
8827 Razin, Assaf, Sadka, Efraim & Coury, Tarek. Trade openness
and investment instability. 24p.
8860 Rhode, Paul W. Gallman's annual output series for the
United States, 1834-1909. 35p.
8853 Rose, Andrew K. One reason countries pay their debts:
renegotiation and international trade. 39p.
PAGE 42
8833 Saez, Emmanuel. Direct or indirect tax instruments for
redistribution: short-run versus long-run. 25p.
8896 Vissing-Jorgensen, Annette. Limited asset market
participation and the elasticity of intertemporal
substitution. 24p.
8884 Vissing-Jorgensen, Annette. Towards an explanation of
household portfolio choice heterogeneity: nonfinancial
income and participation cost stru. 58p.
8893 Witte, Ann D., et al. The policy context and infant and
toddler care in the welfare reform era. 34p.
8886 Witte, Ann D. & Queralt, Magaly. Take-up rates and trade
offs after the age of entitlements: some thoughts and
empirical evidence for child care sub. 33p.
9080 Froot, Kenneth A. & Ramadorai, Tarun. Currency returns,
institutional investor flows, and exchange rate
fundamentals. 47p.
8956 Ait-Sahalia, Yacine. Closed-form likelihood expansions for
multivariate diffusions. 35p.
8900 Aizenman, Joshua. Financial opening: evidence and policy
options. 27p.
8912 Albanesi, Stefania, Chari, V.V. & Christiano, Lawrence J.
Expectation traps and monetary policy. 52p.
8920 Ameriks, John, Caplin, Andrew & Leahy, John. Wealth
accumulation and the propensity to plan. 33p.
8959 Andersen, Torben G., et al. Micro effects of macro
announcements: real-time price discovery in foreign
exchange. 36p.
8880 Arellano, Cristina & Mendoza, Enrique G. Credit frictions
and `sudden stops' in small open economies: an equilibrium
business cycle framework for emerging m. 86p.
8913 Arnott, Richard & Petrova, Petia. The property tax as a tax
on value: deadweight loss. 41p.
8895 Barberis, Nicholas, Shleifer, Andrei & Wurgler, Jeffrey.
Comovement. 41p.
8951 Barro, Robert J. & Lee, Jong-Wha. IMF programs: who is
chosen and what are the effects?. 48p.
8974 Bebchuk, Lucian A., Coates, John C. & Subramanian, Guhan.
The powerful antitakeover force of staggered boards: theory,
evidence and policy. 69p.
8973 Bernheim, B. Douglas, Rangel, Antonio & Rayo, Luis.
Democratic policy making with real-time agenda setting, part
1. 49p.
8929 Blonigen, Bruce A., Davies, Ronald B. & Head, Keith.
Estimating the knowledge-capital model of the multinational
enterprise: comment. 28p.
8957 Bodenhorn, Howard. The complexion gap: the economic
consequences of color among free African Americans in the
rural antebellum South. 47p.
8945 Borjas, George J. Homeownership in the immigrant
population. 45p.
8966 Bordo, Michael D. & Jeanne, Olivier. Boom-busts in asset
prices, economic instability and monetary policy. 38p.
8934 Campa, Jose M. & Goldberg, Linda S. Exchange rate
pass-through into import prices: a macro or micro
phenomenon?. 33p.
PAGE 43
8961 Campbell, John Y. & Taksler, Glen B. Equity volatility and
corporate bond yields. 45p.
8976 Carlton, Dennis W. & Gertner, Robert H. Intellectual
property, antitrust and strategic behavior. 33p.
8970 Cecchetti, Stephan G., Genberg, Hans & Wadhwani, Sushil.
Asset prices in a flexible inflation targeting framework.
22p.
8935 Cecchetti, Stephen G. The new economy and the challenges
for macroeconomic policy. 30p.
8967 Chinn, Menzie D. & Ito, Hiro. Capital account
liberalization, institutions and financial development:
cross country evidence. 42p.
8870 Clarida, Richard, Gali, Jordi & Gertler, Mark. A simple
framework for international monetary policy analysis. 34p.
8906 Constantindes, George M., Donaldson, John B. & Mehra,
Rajnish. Junior must pay: pricing the implicit put in
privatizing social security. 47p.
8926 Cook, Philip J. & Ludwig, Jens. The effects of gun
prevalence on burglary: deterrence vs. inducement. 48p.
8954 Darby, Michael R. & Zucker, Lynne G. Going public when you
can in biotechnology. 35p.
8947 Darby, Michael R. & Zucker, Lynne G. Growing by leaps and
inches: creative destruction, real cost reduction, and
inching up. 48p.
8897 Demurger, Sylvie, et al. Geography, economic policy, and
regional development in China. 61p.
8937 Diamond, Douglas W. & Rajan, Raghuran G. Liquidity
shortages and banking crises. 53p.
8890 Djankov, Simeon, et al. Courts: the Lex Mundi project.
68p.
8939 Edwards, Sebastian. Debt relief and fiscal sustainability.
30p.
8924 Edwards, Sebastian & Edwards, Alejandra C. Social security
privatization reform and labor markets: the case of Chile.
48p.
8965 Ehrenberg, Ronald E. Studying ourselves: the academic labor
market. 31p.
8903 Fishback, Price V., Kantor, Shawn & Wallis, John J. Can the
New Deal's three Rs be rehabilitated? A program-by-program,
country-by country analysis. 56p.
8902 Fishback, Price V., Haines, Michael R. & Kantor, Shawn. The
welfare of children during the Great Depression. 34p.
8960 Fisman, Raymond & Love, Inessa. Trade credit, financial
intermediary development and industry growth. 33p.
8917 Finkelstein, Amy. Minimum standards and insurance
regulation: evidence from the Medigap market. 52p.
8972 Friedman, Benjamin M. The use and meaning of words in
central banking: inflation targeting, credibility, and
transparency. 21p.
8901 Fullerton, Don & Metcalf, Gilbert E. Cap and trade policies
in the presence of monopoly and distortionary taxation.
27p.
8942 Glaeser, Edward L. & Shleifer, Andrei. The Curley effect.
38p.
PAGE 44
8921 Glaeser, Edward L. The governance of not-for-profit firms.
61p.
8915 Goldin, Claudia. The rising and then declining significance
of gender. 46p.
8928 Gorton, Gary & Winton, Andrew. Financial intermediation.
138p.
8943 Gowrisankaran, Gautam & Stavins, Joanna. Network
externalities and technology adoption: lessons from
electronic payments. 41p.
8962 Gruber, Jonathan, Sen, Anindya & Stabile, Mark. Estimating
price elasticities when there is smuggling: the sensitivity
of smoking to price in Canada. 39p.
8923 Guiso, Luigi, Sapienza, Paola & Zingales, Luigi. Does local
financial development matter?. 44p.
8952 Hausmann, Ricardo & Rodrik, Dani. Economic development as
self-discovery. 42p.
8914 Ito, Takatoshi. Is foreign exchange intervention effective?
The Japanese experience in the 1990s. 38p.
8968 Jacob, Brian A. Accountability, incentives and behavior:
the impact of high-stakes testing in the Chicago public
schools. 71p.
8916 Jacob, Brian A. & Lefgren, Lars. The impact of teacher
training on student achievement: quasi-experimental evidence
from school reform efforts in Ch. 39p.
8918 Jacob, Brian A. & Lefgren, Lars. Remedial education and
student achievement: a regression-discontinuity analysis.
46p.
8964 Jacob, Brian A. Where the boys aren't: non-cognitive
skills, returns to school and the gender gap in higher
education. 29p.
8922 Jagannathan, Ravi & Ma, Tongshu. Risk reduction in large
portfolios: why imposing the wrong constraints helps. 48p.
8969 Kahl, Matthias, Liu, Jun & Longstaff, Francis A. Paper
millionaires: how valuable is stock to a stockholder who is
restricted from selling it?. 32p.
8936 Kaestner, Robert, Dubay, Lisa & Kenney, Genevieve. Medicaid
managed care and infant health: a national evaluation. 47p.
8953 Kremer, Michael & Jayachandran, Seema. Odious debt. 42p.
8977 Lerner, Josh. Patent protection and innovation over 150
years. 38p.
8958 Mulligan, Xasey B., Gil, Richard & Sala-i-Martin, Xavier.
Social security and democracy. 55p.
8910 Neumark, David & Reed, Deborah. Employment relationships in
the new economy. 40p.
8938 Nordhaus, William D. The mildest recession: output,
profits, and stock prices as the U.S. emerges from the 2001
recession. 31p.
8955 O'Rourke, Kevin H. & Williamson, Jeffrey G. From Malthus to
Ohlin: trade, growth and distribution since 1500. 55p.
8963 Reinhart, Carmen M. & Rogoff, Kenneth S. The modern history
of exchange rate arrangements: a reinterpretation. 104p.
8919 Rotemberg, Julio J. Stochastic technical progress, nearly
smooth trends and distinct business cycles. 51p.
8883 Rust, John & Hall, George. Middlemen versus market makers:
a theory of competitive exchange. 45p.
PAGE 45
8904 Sala-i-Martin, Xavier. The disturbing "rise" of global
income inequality. 71p.
8925 Svensson, Lars E.O. Inflation targeting: should it be
modeled as an instrument rule or a targeting rule?. 11p.
8927 Taylor, Alan M. A century of current account dynamics.
24p.
8898 Temin, Peter. Teacher quality and the future of America.
31p.
9066 Acemoglu, Daron, Aghion, Philippe & Zilibotti, Fabrizio.
Distance to frontier, selection, and economic growth. 52p.
9013 Acemoglu, Daron, Autor, David H. & Lyle, David. Women, war
and wages: the effect of female labor suply on the wage
structure at mid-century. 67p.
9070 Aggarwal, Reena, Nagpuranand, R. Prabhala & Puri, Manju.
Institutional allocation in initial public offerings:
empirical evidence. 34p.
9006 Aghion, Philippe, Alesina, Alberto & Trebbi, Francesco.
Endogenous political institutions. 37p.
9072 Alesina, ALberto, Barro, Robert J. & Tenreyro, Silvana.
Optimal currency areas. 47p.
9025 Arcidiacono, Peter & Nicholson, Sean. Peer effects in
medical school. 28p.
8997 Ashenfelter, Orley & Graddy, Kathryn. Art auctions: a
survey of empirical studies. 43p.
9094 Ashenfelter, Orley & Greenstone, Michael. Using mandated
speed limits to measure the value of a statistical life.
45p.
9012 Auerbach, Alan J. The Bush tax cut and national saving.
41p.
9039 Bacchetta, Philippe & van Wincoop, Eric. A theory of the
currency denomination of international trade. 41p.
9067 Baker, Bruce, Bessendorfer, Daniel & Kotlikoff, Laurence J.
Intertemporal state budgeting. 46p.
9054 Barrow, Lisa & Rouse, Cecilia E. Using market valuation to
assess public school spending. 51p.
9078 Bebchuk, Lucian A. The case against board veto in corporate
takeovers. 63p.
9107 Bebchuk, Lucian & Cohen, Alma. Firms' decisions where to
incorporate. 51p.
9068 Bebchuk, Lucian A., Fried, Jesse M. & Walker, David L.
Managerial power and rent extraction in the design of
executive compensation. 98p.
8982 Beck, Thorsten & Levine, Ross. Industry growth and capital
allocation: does having a market- or bank-based system
matter?. 44p.
9082 Beck, Thorsten & Levine, Ross. Stock markets, banks, and
growth: panel evidence. 31p.
9089 Beck, Thorsten, Demirguc-Kunt, Asli & Levine, Ross. Law,
endowments, and finance. 52p.
9111 Ben Dor, Arik & Jagannathan, Ravi. Understanding mutual
fund and hedge fund styles using return based style
analysis. 56p.
9010 Berkowitz, Jeremy & White, Michelle J. Bankruptcy and small
firms' access to credit. 26p.
PAGE 46
9026 Bernard, Andrew B. & Jensen, J. Bradford. The deaths of
manufacturing plants. 47p.
9052 Bernard, Andrew B., et al. Factor price equalization in the
U.K.?. 43p.
9043 Bertola, Guiseppe, Blau, Francine D. & Kahn, Lawrence M.
Labor market institutions and demographic employment
patterns. 59p.
9003 Bhattacharya, Jayanta, Currie, Janet & Haider, Steven. Food
insecurity or poverty? Measuring need-related dietary
adequacy. 34p.
9004 Bhattacharya, Jayanta, et al. Heat or eat? Cold weather
shocks and nutrition in poor American families. 52p.
9069 Bils, Mark & Klenow, Peter J. Some evidence on the
importance of sticky prices. 33p.
9110 Black, Sandra E. & Brainerd, Elizabeth. Importing equality?
The impact of globalization on gender discrimination. 35p.
8983 Blank, Rebecca M. Evaluating welfare reform in the United
States. 125p.
9051 Blau, Francine D., et al. The role of family in immigrants'
labor-market activity: evidence from the United States.
34p.
9027 Blonigen, Bruce A., Tomlin, KaSaundra & Wilson, Wesley W.
Tariff-jumping FDI and domestic firms' profits. 31p.
9019 Bordo, Michael D. & Murshid, Antu P. Globalization and
changing patterns in the international transmission of
shocks in financial markets. 42p.
9056 Brandt, Michael W. & Kang, Qiang. On the relationship
between the conditional mean and volatility of stock
returns: a latent VAR approach. 49p.
9001 Bromb, Denis & Scharfstein, David. Entrepreneurship in
equilibrium. 38p.
9113 Campbell, Jeffrey R. & Hopenhayn, Hugo A. Market size
matters. 51p.
9075 Campbell, John Y., Viceira, Luis M. & White, Joshua S.
Foreign currency for long-term investors. 38p.
9058 Card, David & Shore-Sheppard, Lara D. Using discontinuous
eligibility rules to identify the effects of the federal
Medicaid expansions on low income chil. 52p.
9055 Carneiro, Pedro & Heckman, James J. The evidence on credit
constraints in post-secondary schooling. 42p.
8988 Chari, Anusha & Henry, Peter B. Risk sharing and asset
prices: evidence from a natural experiment. 39p.
9028 Charles, Kerwin K. & Luoh, Ming-Ching. Gender differences
in completed schooling. 43p.
9033 Charles, Kerwin K. Is retirement depressing? Labor force
inactivity and psychological well-being in later life. 36p.
9041 Charles, Kerwin K. & Kline, Patrick. Relational costs and
the production of social capital: evidence from carpooling.
53p.
9005 Christiano, Lawrence J., Gust, Christopher & Roldos, Jorge.
Monetary policy in a financial crisis. 67p.
8998 Clark, Ximena, Hatton, Timothy J. & Williamson, Jeffrey G.
Where do U.S. immigrants come from, and why?. 41p.
8999 Coatsworth, John H. & Williamson, Jeffrey G. The roots of
Latin American protectionism: looking before the Great
Depression. 50p.
PAGE 47
8987 Cochrane, John H. Stocks as money: convenience yield and
the tech-stock bubble. 28p.
8980 Cockburn, Iain M., Kortum, Samuel & Stern, Scott. Are all
patent examiners equal? The impact of characteristics on
patent statistics and litigation outcomes. 42p.
9073 Coppejans, Mark & Sieg, Holger. Price uncertainty, tax
policy, and addiction: evidence and implications. 36p.
9061 Corman, Hope & Mocan, Naci. Carrots, sticks and broken
windows. 52p.
9015 Cullen, Julie B. & Gordon, Roger H. Taxes and
entrepreneurial activity: theory and evidence for the U.S.
56p.
9098 Currie, Janet & Stabile, Mark. Socioeconomic status and
health: why is the relationship stronger for older
children?. 39p.
9036 Cutler, David M. Employee costs and the decline in health
insurance coverage. 39p.
8971 Davis, Donald R. & Weinstein, David E. Technological
superiority and the losses from migration. 47p.
9064 de Figueiredo, John M. & Silverman, Brian S. Academic
earmarks and the returns to lobbying. 49p.
8981 de Figueiredo, John M. & de Figueiredo, Rui J.P. The
allocation of resources by interest groups: lobbying,
litigation and administrative regulation. 38p.
9018 Deheija, Rajeev H. & Gatti, Roberta. Child labor: the role
of income variability and access to credit across countries.
41p.
9057 Desai, Mihir A. & Hines, James R. Expectations and
expatriations: tracing the causes and consequences of
corporate inversions. 41p.
9097 Diamond, Peter A. & Orszag, Peter R. An assessment of the
proposals of the President's commission to strengthen social
security. 75p.
8993 DiNardo, John & Lee, David S. The impact of unionization on
establishment closure: a regression discontinuity analysis
of representation election. 53p.
9050 Doherty, Neil & Smetters, Kent. Moral hazard in reinsurance
markets. 27p.
9091 Duggan, Mark. Does contracting out increase the efficiency
of government programs? Evidence from Medicaid HMOs. 46p.
9087 Dunne, Peter G., Moore, Michael J. & Portes, Richard.
Defining benchmark status: an application using Euro-area
bonds. 51p.
9112 Duranton, Gilles & Puga, Diego. From sectoral to functional
urban specialization. 33p.
9106 Easterly, William & Levine, Ross. Tropics, germs, and
crops: how endowments influence economic development. 51p.
9100 Edison, Hali J., et al. Capital account liberalization and
economic performance: survey and synthesis. 52p.
9088 Ehrenberg, Ronald G., et al. Why do school district budget
referenda fail?. 35p.
9016 Engel, Charles. Expenditure switching and exchange rate
policy. 62p.
9015 Erickson, Merle, Goolsbee, Austan & Maydew, Edward. How
prevalent is tax arbitrage? Evidence from the market for
municipal bonds. 20p.
PAGE 48
9031 Finkelstein, Amy. The interaction of partial public
insurance programs and residual private insurance markets:
evidence from the U.S.. 40p.
9035 Finkelstein, Amy. When can partial public insurance produce
Pareto improvements?. 17p.
9053 Forbes, Kristin J. Cheap labor meets costly capital: the
impact of devaluations on commodity firms. 42p.
9095 Forbes, Kristin J. How do large depreciations affect firm
performance?. 37p.
9101 Froot, Kenneth A. & Ramadorai, Tarun. Currency returns,
institutional investor flows and exchange rate fundamentals.
47p.
9079 Froot, Kenneth A. & Tjornhom, Jessica D. Decomposing the
persistence of international equity flows. 35p.
8975 Fryer, ROland G. & Levitt, Steven D. Understanding the
black-white test score gap in the first two years of school.
58p.
9096 Gokhale, Jagadeesh, Kotlikoff, Laurence J. & Sluchynsky,
Alexi. Does it pay to work?. 79p.
8985 Goldin, Claudia. A pollution theory of discrimination: male
and female differences in occupations and earnings. 40p.
9085 Goolsbee, Austan. Measuring prices and price competition
online: Amazon and Barnes and Noble. 25p.
9090 Goolsbee, Austan & Guryan, Jonathan. The impact of internet
subsidies in public schools. 28p.
9084 Gordon, David B. & Leeper, Eric M. The price level, the
quantity theory of money, and the fiscal theory of the price
level. 31p.
9102 Gorton, Gary & Huang, Lixin. Bank panics and the
endogeneity of central banking. 48p.
9000 Griffin, John M., Nardari, Federico & Stulz, Rene M. Daily
cross-border equity flows: pushed or pulled?. 57p.
9045 Gustman, Alan L. & Steinmeier, Thomas L. The new Social
Security Commission personal accounts: where is the
investment principal?. 19p.
9042 Haines, Michael R. Ethnic differences in demographic
behavior in the United States: has there been convergence?.
58p.
9059 Hall, Brian J. & Knox, Thomas A. Managing option fragility.
61p.
8989 Hansmann, Henry, Kessler, Daniel & McClellan, Mark.
Ownership form and trapped capital in the hospital industry.
39p.
9076 Hanson, Gordon H. & Xiang, Chong. The home market effect
and bilateral trade patterns. 45p.
9040 Hanushek, Eric A. The failure of input-based schooling
policies. 42p.
9071 Hanushek, Eric A. The long run importance of school
quality. 24p.
8979 Heavner, D. Lee & Lochner, Lance. Social networks and the
aggregation of individual decisions. 23p.
9083 Heckman, James J., Lochner, Lance & Cossa, Ricardo.
Learning-by-doing vs. on-the-job training: using variation
induced by the EITC to distinguish between models of ski.
64p.
PAGE 49
9002 Heckman, James J., Heinrich, Carolyn & Smith, Jeffrey. The
performance of performance standards. 48p.
9037 Hellerstein, Judith & Neumark, David. Ethnicity, language,
and workplace segregation: evidence from a new matched
employer-employee data set. 63p.
9048 Hendel, Igal & Nevo, Aviv. Sales and consumer inventory.
43p.
9020 Hillberry, Russell & Hummels, David. Explaining home bias
in consumption: the role of intermediate input trade. 33p.
9022 Hillberry, Russell & Hummels, David. Intra-national home
bias: some explanations. 10p.
9104 Howitt, Peter & Mayer-Foulkes, David. R&D, implementation
and stagnation: a Schumpeterian theory of convergence clubs.
39p.
9023 Hummels, David & Skiba, Alexandra. Shipping the good apples
out? An empirical confirmation of the Alchian-Allen
conjecture. 27p.
9034 Jermann, Urban & Quadrini, Vincenzo. Stock market boom and
the productivity gains of the 1990s. 38p.
9038 Jofre-Bonet, Mireia & Sindelar, Jody L. Drug treatment as a
crime fighting tool. 33p.
9009 Jovanovic, Boyan & Braguinsky, Serguey. Bidder discounts
and target premia in takeovers. 20p.
8994 Karolyi, G. Andrew & Stulz, Rene M. Are financial assets
priced locally or globally?. 72p.
9093 Kearney, Melissa S. Is there an effect of incremental
welfare benefits on fertility behavior? A look at the
family cap. 35p.
9062 Kearns, Jonathan & Rigobon, Roberto. Identifying the
efficacy of central bank interventions: the Australian case.
27p.
9077 Kehoe, Patrick J. & Perri, Fabrizio. Competitive equilibria
with limited enforcement. 31p.
9081 Klein, Michael W. Work and play: international evidence of
gender equality in employment and sports. 28p.
9011 Klug, Adam, Landon-Lane, John S. & White, Eugene N. How
could everyone have been so wrong? Forecasting the Great
Depression with the railroads. 30p.
9030 Kraay, Aart & Ventura, Jaume. Current accounts in the long
and short run. 38p.
9086 Krishna, Kala, Mukhopadhyay, Abhiroop & Yavas, Cemile.
Trade with labor market distortions and heterogeneous labor:
why trade can hurt. 27p.
8995 Krishna, Kala & Yavas, Cemile. When does trade hurt?
Market, transition and development economies. 27p.
9074 Krueger, Alan B. & Maleckova, Jitka. Education, poverty,
political violence and terrorism: is there a causal
connection?. 45p.
9014 Krueger, Alan B. & Meyer, Bruce D. Labor supply effects of
social insurance. 100p.
9049 Lamont, Owen A. Evaluating value weighting: corporate
events and market timing. 50p.
9029 Lamoreaux, Naomi R., Raff, Daniel M.G. & Temin, Peter.
Beyond markets and hierarchies: toward a new synthesis of
American business history. 63p.
PAGE 50
9017 Lamoreaux, Naomi R. & Sokoloff, Kenneth K. Intermediaries
in the U.S. market for technology, 1870-1920. 60p.
9109 Lazear, Edward P. Entrepreneurship. 61p.
9063 Leeper, Eric M. & Zha, Tao. Empirical analysis of policy
interventions. 38p.
9021 Levine, Phillip B. The impact of social policy and economic
activity throughout the fertility decision tree. 45p.
8996 Lichtenberg, Frank. Benefits and costs of newer drugs: an
update. 11p.
9103 Liu, Jun, Longstaff, Francis A. & Pan, Jun. Dynamic asset
allocation with event risk. 41p.
8990 Liu, Jun, Longstaff, Francis S. & Mandell, Ravit E. The
market price of credit risk: an empirical analysis of
interest rate swap spreads. 36p.
8986 Lleras-Muney, Adriana. The relationship between education
and adult mortality in the United States. 42p.
9032 MacKay, Peter & Phillips, Gordon M. Is there an optimal
industry financial structure?. 45p.
8984 Manski, Charles F. & Mayshar, Joram. Private and social
incentives for fertility: Israeli puzzles. 44p.
9060 McLure, Charles E. & Hellerstein, Walter. Does sales-only
apportionment of corporate income violate the GATT?. 13p.
8978 Metcalf, Gilbert E. & Fullerton, Don. The distribution of
tax burdens: an introduction. 27p.
8992 Mishkin, Frederic S. & White, Eugene N. U.S. stock market
crashes and their aftermath: implications for monetary
policy. 55p.
9092 Mitchell, Olivia S. & McCarthy, David. Annuities for an
ageing world. 46p.
9108 Moretti, Enrico. Estimating the social return to higher
education: evidence from longitudinal and repeated
cross-sectional data. 54p.
9007 Nicholson, Sean, Danzon, Patricia M. & McCullough, Jeffrey.
Biotech pharmaceutical alliances as a signal of asset and
firm quality. 46p.
8991 Pastor, Lubos & Veronesi, Pietro. Stock valuation and
learning about profitability. 47p.
9099 Pollak, Robert A. An intergenerational model of domestic
violence. 28p.
9008 Razin, Assaf & Sadka, Efraim. Gains from FDI inflows with
incomplete information. 8p.
9024 Romer, David. It's fourth and down and what does the
Bellman equation say? A dynamic programming analysis of
football strategy. 33p.
9046 Saez, Emmanuel. Opptimal progressive capital income taxes
in the infinite horizon model. 49p.
9047 Schmukler, Sergio L. & Serven, Luis. Pricing currency risk:
facts and puzzles from currency boards. 70p.
9114 Scotchmer, Suzanne. The political economy of intellectual
property treaties. 37p.
9044 Turner, Sarah & Bound, John. Closing the gap or widening
the divide: the effects of the G.I. Bill and World War II on
the educational outcomes o. 44p.
9210 Abel, Andrew B. The effects of a baby boom on stock prices
and capital accumulation in the presence of social security.
31p.
PAGE 51
9144 Abraham, Jean M., Vogt, William B. & Gaynor, Martin S.
Household demand for employer-based health insurance. 40p.
9184 Abrego, Lisandro & Whalley, John. Decomposing wage
inequality change using general equilibrium models. 31p.
9124 Acemoglu, Daron, et al. Institutional causes, macroeconomic
symptoms: volatility, crises and growth. 81p.
9191 Acemoglu, Daron, Aghion, Philippe & Zilibotti, Fabrizio.
Vertical integration and distance to frontier. 12p.
9212 Agrawal, Ajay & Cockburn, Iain M. University research,
industrial R&D, and the anchor tenant hypothesis. 44p.
9154 Aizenman, Joshua & Marion, Nancy. International reserve
holdings with sovereign risk and costly tax collection.
32p.
9190 Aizenman, Joshua, Kletzer, Kenneth M. & Pinto, Brian.
Sargent-Wallace meets Krugman-Flood-Garber, or: why
sovereign debt swaps don't avert macroeconomic crises. 31p.
9209 Aizer, Anna & Currie, Janet. Networks or neighborhoods?
Correlations in the use of publicly-funded maternity care in
California. 39p.
9132 Auerbach, Alan J. & Hassett, Kevin. Optimal long-run fiscal
policy: constraints, preferences and the resolution of
uncertainty. 37p.
9136 Babiker, Mustafa H., Metcalf, Gilbert E. & Reilly, John.
Tax distortions and global climate policy. 32p.
9128 Banks, James, Blundell, Richard & Smith, James P. Wealth
portfolios in the U.K. and the U.S. 53p.
9156 Bar-Gill, Oren, Barzua, Michal & Bebchuk, Lucien. The
market for corporate law. 41p.
9170 Bernard, Andrew B., Jensen, J. Bradford & Schott, Peter K.
Survival of the best fit: competition from low wage
countries and the uneven growth of U.S. manufacturing
plants. 36p.
9155 Bound, John, et al. The welfare implications of increasing
disability insurance benefit generosity. 71p.
9225 Cappelli, Peter. Why do employees pay for college?. 44p.
9157 Carey, Kathleen & Dor, Avi. Does managerial
`outsourcing'reduce expense preference behavior? A
comparison of adopters and non-adopters of cont. 30p.
9213 Case, Anne, Paxson, Christina & Ableidinger, Joseph.
Orphans in Africa. 48p.
9189 Casella, Alessandra. Storable votes. 44p.
9193 Charles, Kerwin K. & Stephens, Melvin. Abortion
legalization and adolescent substance use. 38p.
9181 Clemens, Michael A. & Williamson, Jeffrey G. Why did the
tariff-growth correlation reverse after 1950?. 62p.
9178 Cochrane, John H. Bond risk premia. 44p.
9166 Cogan, John F. & Mitchell, Olivia S. The role of economic
policy in social security reform: perspectives from the
President's Commission. 35p.
9180 Corcoran, Sean P., Evans, William N. & Schwab, Robert S.
Changing labor market opportunities for women and the
quality of teachers 1957 to 1992. 45p.
9177 Dembo, Amir, Deuschel, Jean-Dominique & Duffie, Darrell.
Large portfolio losses. 17p.
PAGE 52
9224 Desai, Mihir A., Foley, C. Fritz & Hines, James R. Chains
of ownership, regional tax competition, and foreign direct
investment. 42p.
9115 Desai, Mihir A., Foley, C. Fritz & Hines, James R.
International joint ventures and the boundaries of the firm.
52p.
9165 Di Tella, Rafael & Fisman, Raymond. Are politicians really
paid like bureaucrats?. 42p.
9174 Driscoll, John C. & Holden, Steinar. Coordination, fair
treatment and inflation persistence. 37p.
9164 Edison, Hali J., et al. International financial integration
and economic growth. 38p.
9198 Evans, William N. & Topoleski, Julie H. The social and
economic impact of Native American casinos. 66p.
9203 Feldstein, Martin. The role for discretionary fiscal policy
in a low interest rate environment. 11p.
9122 Feliciano, Zadia & Lipsey, Robert E. Foreign entry into
U.S. manufacturing by takeovers and the creation of new
firms. 23p.
9143 Ferson, Wayne E., Sarkissian, Sergei & Simin, Timothy.
Spurious regressions in financial economics?. 34p.
9120 Foster, Lucia, Haltiwanger, John & Krizan, C.J. The link
between aggregate and micro productivity growth: evidence
from retail trade. 62p.
9201 Frankel, Jeffrey A. & Rose, Andrew K. Is trade good or bad
for the environment? Sorting out the causality. 53p.
9123 Galenson, David W. & Jensen, Robert. Careers and canvases:
the rise of the market for modern art in the 19th century.
58p.
9149 Galenson, David W. The New York School vs. the School of
Paris: who really made the most important art after World
War II?. 41p.
9226 Gentry, William M. & Hubbard, R. Glenn. The effects of
progressive income taxation on job turnover. 44p.
9150 Glaeser, Edward, Scheinkman, Jose & Shleifer, Andrei. The
injustice of inequality. 42p.
9171 Glaeser, Edward L. The political economy of hatred. 59p.
9153 Glaeser, Edward L., Sacerdote, Bruce I. & Scheinkman, Jose
A. The social multiplier. 24p.
9116 Goetzmann, William, et al. Sharpening Sharpe ratios. 42p.
9141 Goolsbee, Austan. The impact and inefficiency of the
corporate income tax: evidence from state organizational
form data. 25p.
9137 Gorton, Gary & Huang, Lixin. Banking panics and the origin
of central banking. 42p.
9158 Gorton, Gary & Huang, Lixin. Liquidity, efficiency and bank
bailouts. 43p.
9206 Gowrisankaran, Gautam & Town, Robert. Competition, payers,
and hospital quality. 34p.
9151 Gowrisankaran, Gautam & Holmes, Thomas J. Do mergers lead
to monopoly in the long run? Results from the dominant firm
model. 42p.
9119 Gray, Wayne B. & Mendeloff, John M. The declining effects
of OSHA inspections on manufacturing injuries: 1979 to 1986.
31p.
PAGE 53
9125 Gray, Wayne B. & Shadbegian, Ronald J. `Optimal' pollution
abatement: whose benefits matter, and how much?. 39p.
9216 Grossman, Michael, Keastner, Robert & Markowitz, Sara. Get
high and get stupid: the effect of alcohol and marijuana use
on teen sexual behavior. 41p.
9148 Gruber, Jonathan & Kubik, Jeffrey. Health insurance
coverage and the disability insurance application decision.
38p.
9183 Gustman, Alan L. & Steinmeier, Thomas L. The social
security early entitlement age in a structural model of
retirement and wealth. 47p.
9159 Hatton, Timothy J. & Williamson, Jeffrey G. What
fundamentals drive world migration?. 34p.
9162 Head, Keith, Ries, John & Spencer, Barbara J. Vertical
networks and U.S. auto parts exports: is Japan different?.
37p.
9194 Heckman, James J. Flexibility and job creation: lessons for
Germany. 57p.
9065 Helliwell, John F. How's life? Combining individual and
national variables to explain subjective well-being. 44p.
9207 Hendershott, Patric H., Pryce, Gwilym & White, Michael.
Household leverage and the deductibility of home mortgage
interest: evidence from U.K. house purchases. 44p.
9214 Hendershott, Patric H. & Ward, Charles W.R. Valuing and
pricing retail leases with renewal and overage options.
27p.
9145 Hogan, Vincent & Rigobon, Roberto. Using heteroscedasticity
to estimate the returns to education. 25p.
9208 Hsieh, Chang-Tai & Moretti, Enrico. Can free entry be
inefficient? Fixed commissions and social waste in the real
estate industry. 58p.
9140 Hurd, Michael D., Smith, James P. & Zissimopoulos, Julie M.
The effects of subjective survival on retirement and social
security claiming. 36p.
9142 Hurd, Michael D. & Smith, James P. Expected bequests and
their distribution. 35p.
9188 Kopczuk, Wojciech. The trick is to live: is the estate tax
social security for the rich?. 24p.
9186 Kopczuk, Wojciech, Slemrod, Joel & Yitzhaki, Shlomo. Why
world distribution fails. 47p.
9202 Krueger, Dirk & Perri, Fabrizio. Does income inequality
lead to consumption inequality? Evidence and theory. 44p.
9195 Lachance, Marie-Eve & Mitchell, Olivia S. Understanding
individual account guarantees. 34p.
9169 Lai, Huiwen & Trefler, Daniel. The gains from trade with
monopolistic competition: specification, estimation and
mis-specification. 50p.
9215 Lakdawalla, Darius & Zanjani, George. Insurance,
self-protection, and the economics of terrorism. 26p.
9192 Leeper, Eric M. & Zha, Tao. Modest policy interventions.
39p.
9175 Lerner, Josh & Tirole, Jean. Efficient patent pools. 45p.
9146 Lerner, Josh & Schoar, Antoinette. The illiquidity puzzle:
theory and evidence from private equity. 42p.
PAGE 54
9138 Levine, Ross. Bank-based or market-based financial systems:
which is better?. 42p.
9131 Liang, Nellie & Weisbenner, Scott. Investor behavior and
the purchase of company stick in 401k plans: the importance
of plan design. 62p.
9139 Lichtenberg, Frank R. The effect of changes in drug
utilization on labor supply and per capita output. 46p.
9228 Linsenmeier, David M., Rosen, Harvey S. & Rouse, Cecilia E.
Financial aid packages and college enrollment decisions: an
econometric case study. 51p.
9185 Lleras-Muney, Adriana & Lichtenberg, Frank R. The effect of
education on medical technology adoption: are the more
educated more likely to use new drugs?. 45p.
9218 McCallum, Bennett T. Consistent expectations, rational
expectations, multiple-solution indeterminacies, and least
squares learnability. 30p.
9117 McMillan, Margaret, Rodrik, Dani & Welch, Karen H. When
economic reform goes wrong: cashews in Mozambique. 59p.
9172 Mocan, H. Naci, Scafidi, Benjamin & Tekein, Erdal. Catholic
schools and bad behavior. 37p.
9168 Moffitt, Robert. Welfare programs and labor supply. 61p.
9134 Mukand, Sharun & Rodrik, Dani. In search on the Holy Grail:
policy convergence, experimentation, and economic
performance. 50p.
9147 Neal, Larry & Weidenmeier, Marc. Crises in the global
economy from tulips to today: contagion and consequences.
60p.
9133 Neal, Derek. The measured black-white wage gap among women
is too small. 37p.
9173 Nelson, Jonathan L. & Zeckhauser, Richard J. A Renaissance
instrument to support nonprofits: the sale of private
chapels in Florentine churches. 51p.
9118 Obstfeld, Maurice. Exchange rates and adjustment:
perspectives from the new open economy macroeconomics. 37p.
9176 Odell, Kerry A. & Weidenmeier, Marc D. Real shock, monetary
aftershock: the San Francisco earthquake and the panic of
1907. 44p.
9196 Parker, Jonathan A. & Preston, Bruce. Precautionary saving
and consumption fluctuations. 51p.
9121 Puga, Diego & Trefler, Daniel. Knowledge creation and
control in organizations. 44p.
9179 Rangel, Antonio. How to protect future generations using
tax base restrictions. 31p.
9211 Razin, Assaf & Sadka, Efraim. A Brazilian debt crisis. 7p.
9204 Razin, Assaf. FDI contribution to capital flows and
investment in capacity. 31p.
9130 Remier, Dahlia K., Zivin, Joshua G. & Glied, Sherry A.
Modeling health insurance expansions: effects of alternate
approaches. 25p.
9129 Rodrik, Dani. Feasible globalizations. 25p.
9126 Romano, Roberta. Does confidential proxy voting matter?.
51p.
9182 Rosenbloom, Joshua L. Path dependence and the origins of
cotton textile manufacturing in New England. 41p.
PAGE 55
9227 Sacerdote, Bruce. Slavery and the intergenerational
transmissoin of human capital. 62p.
9187 Slemrod, Joel. Trust in public finance. 40p.
9200 Slemrod, Joel & Katuscak, Peter. Do trust and
trustworthiness pay off?. 57p.
9197 Snyder, Stephen E. & Evans, William N. The impact of income
on mortality: evidence from the social security notch. 53p.
9223 Spolaore, Enrico & Wacziarg, Romain. Borders and growth.
45p.
9135 Stephens, Melvin. "3rd of the month": Do social security
recipients smooth consumption between checks?. 39p.
9199 Stiglitz, Joseph & Yun, Jungyoll. Integration of
unemployment insurance with retirement insurance. 55p.
9127 Stock, James H. & Watson, Mark W. Has the business cycle
changed and why?. 78p.
9167 Thomasson, Melissa A. Did Blue Cross and Blue Shield suffer
from adverse selection? Evidence from the 1950s. 25p.
9129 Tornell, Aaron & Westermann, Frank. Boom-bust cycles in
middle income countries: facts and explanation. 45p.
9221 Uribe, Martin. A fiscal theory of sovereign risk. 28p.
9163 Ventura, Jaume. Towards a theory of current accounts. 41p.
9152 West, Sarah E. & Williams, Roberton C. Estimates from a
consumer demand system: implications for the incidence of
environmental taxes. 39p.
9161 Williamson, Jeffrey G. Winners and losers over two
centuries of globalization. 58p.
9269 Aghion, Philippe, et al. Competition and innovation: an
inverted U relationship. 69p.
9266 Aizenman, Joshua & Marion, Nancy. The high demand for
international reserves in the Far East: what's going on?.
44p.
9253 Almeida, Heitor, Campello, Murillo & Weisbach, Michael S.
Corporate demand for liquidity. 42p.
9263 Angrist, Joshua D. & Lang, Kevin. How important are
classroom peer effects? Evidence from Boston's Metco
program. 39p.
9246 Asquith, Paul, Mikhail, Michael B. & Au, Andrea S.
Information content of equity analyst reports. 36p.
9306 Auerbach, Alan J. Is there a role for discretionary fiscal
policy?. 48p.
9290 Baldwin, Richard E. & Krugman, Paul. Agglomeration,
integration and tax harmonization. 23p.
9235 Ball, Laurence. Short-run money demand. 24p.
9222 Barberis, Nicholas & Thaler, Richard. A survey of
behavioral finance. 77p.
9240 Beaudry, Paul, Collard, Fabrice & Green, David A.
Decomposing the twin-peaks in the world distribution of
output-per-worker. 43p.
9268 Bergstresser, Daniel & Poterba, James. Asset allocation and
asset location: household evidence from the Survey of
Consumer Finances. 29p.
9275 Berk, Jonathan B. & Green, Richard C. Mutual fund flows and
performance in rational markets. 36p.
9251 Bernardo, Antonio E. & Welch, Ivo. Financial market runs.
42p.
PAGE 56
9280 Bhattacharya, Jay & Lakdawalla, Darius. Does Medicare
benefit the poor? New answers to an old question. 35p.
9310 Black, Sandra E. & Sufi, Amir. Who goes to college?
Differential enrollment by race and family background. 43p.
9236 Borjas, George J. Food security and public assistance.
36p.
9313 Borjas, George J. The wage structure and the sorting of
workers into the public sector. 45p.
9256 Brown, Jeffrey R. Redistribution and insurance: mandatory
annuitization with mortality heterogeneity. 36p.
9271 Brown, Jeffrey R., Kroszner, Randall S. & Jenn, Brian H.
Federal terrorism risk insurance. 19p.
9238 Buchmueller, Thomas C., et al. Access to physician
services: does supplemental insurance matter? Evidence from
France. 33p.
9281 Bundorf, M. Kate & Pauly, Mark V. Is health insurance
affordable for the uninsured?. 43p.
9230 Burdekin, Richard C.K. & Weidenmier, Marc D. Supressing
asset price inflation: the Confederate experience,
1861-1865. 33p.
9262 Capozza, Dennis R., et al. Determinants of real house price
dynamics. 33p.
9258 Casella, Alessandra. Redistribution policy: a European
model. 35p.
9248 Chang, Sheng-Wen, Coulson, N. Edward & Wang, Ping. Optimal
drug policy in low-income neighborhoods. 34p.
9314 Charles, Kerwin K. & Hurst, Erik. The correlation of wealth
across generations. 37p.
9242 Chiquiar, Daniel & Hanson, Gordon H. International
migration, self-selection and the distribution of wages:
evidence from Mexico and the United States. 55p.
9247 Chou, Shin-Yi, Grossman, Michael & Saffer, Henry. An
economic analysis of adult obesity: results from the
behavioral risk factor surveillance system. 55p.
9267 Chun, Hyunbae & Nadiri, M. Ishaq. Decomposing productivity
growth in the U.S. computer industry. 36p.
9245 Colman, Greg, Grossman, Michael & Joyce, Ted. The effect of
cigarette excise taxes on smoking before, during and after
pregnancy. 36p.
9239 Dutt, Pushan & Mitra, Devashish. Political ideology and
endogenous trade policy: an empirical investigation. 38p.
9257 Edwards, Sebastian. The great exchange rate debate after
Argentina. 24p.
9265 Edwards, T. Huw & Whalley, John. Short and long run
decomposition of OECD wage inequality changes. 36p.
9276 Eichengreen, Barry. Still fettered after all these years.
44p.
9259 Engerman, Stanley L. & Sokoloff, Kenneth L. Factor
endowments, inequality, and paths of development among new
world economies. 53p.
9252 Feinberg, Susan & Phillips, Gordon. Firm-specific
resources, financial-market development and the growth of
U.S. multinationals. 46p.
9234 Fernandez, Raquel, Fogli, Alessandra & Olivetti, Claudia.
Marrying your mom: preference transmission and women's labor
and education choices. 49p.
PAGE 57
9307 Figlio, David N. & Getzler, Lawrence S. Accountability,
ability and disability: gaming the system. 19p.
9297 Fischer, Stanley. Financial crises and reform of the
international financial system. 51p.
9287 Forman, Chris, Goldfarb, Avi & Greenstein, Shane. Digital
dispersion: an industrial and geographic census of
commercial internet use. 57p.
9254 Freeman, Richard B. The labour market in the new
information economy. 36p.
9260 Gelos, R. Gaston & Wei, Shang-Jin. Transparency and
international investor behavior. 36p.
9284 Glaeser, Edward L. & Shapiro, Jesse M. The benefits of the
home mortgage interest deduction. 61p.
9289 Graham, John R., Lang, Mark H. & Shackelford, Douglas A.
Employee stock options, corporate taxes and debt policy.
45p.
9300 Grossman, Gene M. & Helpman, Elhanan. Outsourcing versus
FDI in industry equilibrium. 14p.
9244 Grossman, Michael & Markowitz, Sara. I did what last
night?!!! Adolescent risky sexual behaviors and substance
use. 32p.
9237 Guiso, Luigi, Sapienza, Paola & Zingales, Luigi. People's
opium? Religious and economic attitudes. 70p.
9261 Hall, George J. Exchange rates and casualties during the
first World War. 31p.
9298 Hausman, Jerry. Sources of bias and solutions to bias in
the CPI. 37p.
9292 Heathcote, Jonathan & Perri, Fabrizio. Financial
globalization and real regionalization. 54p.
9296 Heckman, James J. China's investment in human capital.
18p.
9264 Hietala, Pekka, Kaplan, Steven N. & Robinson, David T. What
is the price of hubris? Using takeover battles to infer
overpayments and synergies. 42p.
9282 Hoff, Karla & Stiglitz, Joseph E. After the big bang?
Obstacles to the emergence of the rule of law in post
Communist societies. 53p.
9229 Hughes, James W., Moore, Michael J. & Snyder, Edward A.
"Napsterizing" pharmaceuticals: access, innovation, and
consumer welfare. 54p.
9205 Jepsen, Christopher & Rivkin, Steven. What is the tradeoff
between smaller classes and teacher quality?. 45p.
9279 Jovanovic, Boyan & Rousseau, Peter L. Mergers as
reallocation. 25p.
9249 Kenkel, Donald S., Reed, Robert R. & Wang, Ping. Rational
addiction, peer externalities and long run effects of public
policy. 45p.
9315 Lee, David S., Moretti, Enrico & Butler, Matthew J.
Credibility and policy convergence: evidence from U.S. roll
call voting records. 56p.
9303 Lichtenberg, Frank R. & Philipson, Tomas J. The dual
effects of intellectual property regulations: within and
between patent competition in the U.S. pharmaceut. 40p.
9293 Lipsey, Robert E. Home and host country effects of FDI.
76p.
PAGE 58
9312 Longstaff, Francis A. The flight-to-liquidity premium in
U.S. Treasury bond prices. 22p.
9288 Martin, Philippe & Ray, Helene. Financial globalization and
emerging markets: with or without crash?. 36p.
9233 Meissner, Christopher M. A new world order: explaining the
emergence of the classical gold standard. 41p.
9286 Mendoza, Enrique G. & Smith, Katherine A. Margin calls,
trading costs, and asset prices in emerging markets: the
financial mechanics of the "sudden stop" phe. 52p.
9217 Menzly, Lior, Santos, Tano & Veronsesi, Pietro. The time
series of the cross section of asset prices. 63p.
9291 Mishkin, Frederic S. The role of output stabilization in
the conduct of monetary policy. 23p.
9250 Mitchell, Olivia S. & Utkus, Stephen P. The role of company
stock in defined contribution plans. 52p.
9255 Mody, Ashoka, Razin, Assaf & Sadka, Efraim. The role of
information in driving FDI: theory and evidence. 20p.
9316 Moretti, ENrico. Human capital spillovers in manufacturing:
evidence from plant-level production functions. 48p.
9295 Mullainathan, Sendhil & Shleifer, Andrei. Media bias. 26p.
9231 Mullin, Charles H. & Wang, Ping. The timing of childbearing
among heterogeneous women in dynamic general equilibrium.
37p.
9272 Mun, Sung-Bae & Nadiri, M. Ishaq. Information technology
externalities: empirical evidence from 42 U.S. industries.
43p.
9299 Pauly, Mark V., Herring, Bradley & Song, David. Health
insurance on the internet and the economics of search. 27p.
9232 Pollak, Robert A. Gary Becker's contribution to family and
household economics. 47p.
9278 Razin, Assaf & Sadka, Efraim. The stability and growth pact
as an impediment to privatizing social security. 17p.
9305 Rodrik, Dani, Subramanian, Arvind & Trebbi, Francesco.
Institutions rule: the primacy of institutions over
geography and integration in economic development. 44p.
9274 Romer, Christina D. & Romer, David H. The evolution of
economic understanding and postwar stabilization policy.
64p.
9273 Rose, Andrew K. Do we really know that the WTO increases
trade?. 45p.
9285 Rose, Andrew K. & Spiegel, Mark M. A gravity model of
sovereign lending: trade, default and credit. 19p.
9270 Schmitt-Grohe, Stephanie & Uribe, Martin. Closing small
open economy models. 19p.
9220 Schmitt-Grohe, Stephanie & Uribe, Martin. Optimal fiscal
and monetary policy under sticky prices. 30p.
9321 Schwartz, Anna J. Asset price inflation and monetary
policy. 26p.
9277 Schwert, G. William. Anomalies and market efficiency. 54p.
9308 Shapiro, Matthew D. & Slemrod, Joel. Did the 2001 tax
rebate stimulate spending? Evidence from taxpayer surveys.
36p.
9301 Sialm, Clemens. Stochastic taxation and asset pricing in
dynamic general equilibrium. 39p.
PAGE 59
9241 Tjornhom Donohue, Jessica & Froot, Kenneth A. The
persistence of emerging market equity flows. 37p.
9294 Uribe, Martin. Real exchange rate targeting and
macroeconomic instability. 31p.
9304 Ventura, Jaume. Bubbles and capital flows. 36p.
9302 White, Michelle J. The "arms race" on American roads: the
effect of heavy vehicles on traffic safety and the failure
of liability rule. 29p.
9283 Williams, Roberton C. Prices vs. quantities vs. tradable
quantities. 26p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
2002-2 Alaouze, Chris. The economics of by-catch reduction devices
in regulated fisheries. 20p.
2002-1 Barrett, Garry & Donald, Stephen. Statistical inference
with generalized Gini indices of inequality and poverty.
49p.
200110 Fisher, Lance & Kingston, Geoffrey. Permanent income, tax
smoothing and forecasts of government expenditure in the
United States, 1929-1994. 37p.
2001-9 Monadjemi, Mehdi. Changes in the degree of international
capital mobility since the 1970s. 20p.
2001-8 Stegman, Trevor. An internal labour market approach to
assessing the gains from outsourcing. 19p.
2001-5 Barrett, Garry & Conlon, Robert. Adverse selection and the
decline in private health insurance coverage in Australia:
1989-1995. 42p.
2001-4 Bloch, Harry & Olive, Michael. Does openness mean that
domestic prices are determined abroad?. 32p.
2000-1 Diewert, W. Erwin. Productivity measurement using
differences rather than ratios: a note. 7p.
2000-2 Emhjellen, Magne & Alaouze, Chris M. Project valuation when
there are two cashflow streams. 22p.
2000-3 Fox, Kevin J. An economic justification for the EKS
multilateral index. 13p.
2001-2 Genser, Bernd & Eggert, Wolfgang. Is tax harmonisation
useful?. 21p.
2000-4 Kriesler, Peter & Nevile, John. IS-LM macroeconomics after
Keynes. 13p.
2002-8 Ghosh, Arghya. A note on vertical integration and trade.
15p.
2002-6 Ghosh, Arghya & Morita, Hodaka. Differentiated duopoly
under vertical relationships with communication costs. 32p.
2002-7 Ghosh, Arghya & Saha, Souresh. Excess entry with asymmetric
costs. 25p.
2002-5 Gough, Rebecca & Hill, Robert J. Property rights and the
allocation of time in economics in transition. 19p.
2002-9 Hill, Robert J. Measuring price differences across space
and time: the case of the European Union's harmonized index
of consumer pr. 36p.
2002-3 Hill, Robert J. A new and problematic axiom for price and
quality indexes. 14p.
2000-5 Monadjemi, Mehdi. Real exchange rate stability: evidence
from six OECD countries. 12p.
PAGE 60
NEW YORK UNIVERSITY. Salomon Center (Stern School of Business).
200124 Altman, Edward I. Managing credit risk: a challenge for the
new millennium. 20p.
200123 Basak, Suleyman, Shapiro, Alex & Tepla, Lucie. Risk
management with benchmarking. 36p.
200122 Dahiya, Sandeep, Saunders, Anthony & Srinivasan, Anand.
Financial distress and bank lending relationships. 38p.
200125 Lange, Jeffrey & Economides, Nicholas. A parimutuel market
microstructure for contingent claims trading. 47p.
200121 Saunders, Anthony & Srinivasan, Anand. Investment banking
relationships and merger fees. 38p.
2002-6 Akhavein, Jalal, Goldberg, Lawrence G. & White, Lawrence J.
Relationship lending and denovo banks: an examination of
bank lending to small farm borrowers. 27p.
2002-4 Altman, Edward I. & Arman, Pablo. Defaults and returns on
high yield bonds: analysis through 2001. 60p.
2002-3 Altman, Edward I. & Brady, Brooks. Explaning aggregate
recovery rates on corporate bond defaults. 41p.
2002-5 Altman, Edward I. & Pompeii, Jason. Market size and
investment performance of defaulted bonds and bank loans,
1987-2001. 45p.
2002-2 White, Lawrence J. & Economides, Nicholas. Financial
modernization after Gramm-Leach-Bliley: what about
communities?. 31p.
2002-1 White, Lawrence J. & Economides, Nicholas. Focusing on
Fannie and Freddie: the dilemmas of reforming housing
finance. 36p.
2002-7 Amihud, Yakov, Kahan, Marcel & Sundaram, Rangarajan. The
efficiency and welfare foundations of freezeout laws in
takeovers. 22p.
2002-8 Callahan, Matthew. To hedge or not to hedge: that is the
question... empirical evidence from the North American gold
mining industry 1. 20p.
2002-8 Clark, David. A study of the relationship between firm
age-at-IPO and aftermarket stock performance. 19p.
2002-8 Mahajan, Shalini. Role of out-of-money options in executive
compensation. 17p.
2002-8 Roy, Ritendra. Market efficiency effects of regulation fair
disclosure. 19p.
2002-8 Teoman, Tuygan. A multi-perspective assessment on implied
volatility using S&P 100 and NASDAQ index options. 24p.
2002-8 Dafria, Ashish. The rise in defined contribution plans and
the stock market boom. 17p.
200211 Altman, Edward I. Revisiting credit scoring models in a
Basel 2 environment. 34p.
2002-9 Altman, Edward I., et al. The link between default and
recovery rates: implications for credit risk models and
procyclicality. 46p.
200212 Amihud, Yakov, Hauser, Shmuel & Kirsh, Amir. Allocations,
adverse selection and cascades in IPOs: evidence from the
Tel Aviv stock exchange. 39p.
200214 Amihud, Yakov & Hurvich, Clifford M. Predictive
regressions: a reduced-bias estimation method. 39p.
PAGE 61
200213 Amihud, Yakov, Lauterbach, Beni & Mendelson, Haim. The
value of trading consolidation: evidence from the exercise
of warrants. 32p.
200210 Bloomfield, Robert, O'Hara, Maureen & Saar, Gideon. The
"make or take" decision in an electronic market: evidence on
the evolution of liquidity. 43p.
200229 Archarya, Viral V., Hasan, Iftekhar & Saunders, Anthony.
The effects of focus and diversification on bank risk and
return: evidence from individual bank loan portfolios. 23p.
200227 Allen, Linda, et al. The role of bank advisors in mergers
and acquisitions. 50p.
200232 Barberis, Nicholas, Schleifer, Andrei & Wurgler, Jeffrey.
Comovement. 38p.
200217 Clayton, Matthew & Yermack, David. Major league baseball
player contracts: an investigation of the empirical
properties of real options. 31p.
200226 Cremers, K.J.M. & Mei, Jianping. Testing the duo-factor
model of return and volume. 44p.
200228 Deo, Rohit S. & Richardson, Matthew. On the asymptotic
power of the variance ratio test. 12p.
200220 Elton, Edwin J., et al. Factors affecting the valuation of
corporate bonds. 44p.
200222 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher. A
first look at the accuracy of the CRSP mutual fund database
and a comparison with Morningstar mutual fund databas. 16p.
200219 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher.
Incentive fees and mutual funds. 35p.
200225 Elton, Edwin J. & Gruber, Martin J. Optimum centralized
portfolio construction with decentralized portfolio
management. 18p.
200221 Elton, Edwin J., et al. Spiders: where are the bugs?. 34p.
200216 Figlewski, Stephen. Assessing the incremental value of
option pricing theory relative to an "informationally
passive" benchmark. 32p.
200218 Hartzell, Jay, Ofek, Eli & Yermack, David. What's in if for
me? CEOs whose firms are acquired. 35p.
200230 Inderst, Roman & Muller, Holger M.. Internal vs. external
financing: an optimal contracting approach. 32p.
200231 Saar, Gideon. Investor uncertainty and order flow
information. 42p.
200223 Shleifer, Andrei & Wolfenzon, Daniel. Investor protection
and equity markets. 39p.
200215 Silber, William L. On the nature of trading: do speculators
leave footprints?. 20p.
200224 Wachter, Jessica A. Portfolio and consumption decisions
under mean-reverting returns: an exact solution for complete
markets. 36p.
200246 Acharya, Viral V., et al. When does strategic debt service
matter?. 43p.
200251 Allen, Linda & Saunders, Anthony. A survey of cyclical
effects in credit risk measurement models. 67p.
200238 Almeida e Brito, Jose & John, Kose. Leverage and growth
opportunities: risk-avoidance induced by risky debt. 48p.
200242 Amihud, Yakov, DeLong, Gayle L. & Saunders, Anthony. The
effect of cross-border bank mergers on bank risk and value.
34p.
PAGE 62
200245 Baker, Malcolm & Wurgler, Jeffrey. A catering theory of
dividends. 53p.
200233 Brenner, Menachem & Sokoler, Meir. Inflation targeting and
exchange rate regimes: evidence from the financial markets.
29p.
200247 Brenner, Menachem, Sundaram, Rangarajan & Yermack, David.
On rescissions in executive stock options. 23p.
200244 Brown, Stephen J., et al. Investor settlement in Japanese
and U.S. daily mutual fund flows. 44p.
200234 Chemla, Gilles, Habib, Michel & Ljungqvist, Alexander. An
analysis of shareholder agreements. 31p.
200240 Doukas, John A., Kim, Chansog & Pantzalis, Christos.
Discounted stocks and excess analyst coverage. 22p.
200241 Doukas, John A. & Padmanabhan, Prasad. The operational
hedging properties of intangible assets: the case of non
voluntary foreign asset selloffs. 35p.
200248 Gautier, Alex & Heider, Florian. What do internal capital
markets do? Redistribution vs. incentives. 45p.
200239 Gervais, Simon, Lynch, Anthony W. & Musto, David K.
Delegated monitoring of fund managers: an economic
rationale. 36p.
200236 Grishchenko, Olesya V., Litov, Lubomir P. & Mei, Jianping.
Measuring private information trading in emerging markets.
45p.
200243 Inderst, Roman, Muller, Holger M. & Warneryd, Karl.
Distributional conflict in organizations. 22p.
200237 Inderst, Roman & Muller, Holger M. Venture capital
contracts and market structure. 35p.
200250 Nagar, Venky, Petroni, Kathy & Wolfenzon, Daniel. Ownership
and performance in close corporations: a natural experiment
in exogenous ownership structure. 42p.
200249 Reisz, Alexander S. & John, Kose. Temporal resolution of
uncertainty, the investment policy of levered firms and
corporate debt yields. 48p.
200253 Smith, Roy C. Making corporate governance work. 32p.
200235 Wachter, Jessica A. Risk aversion and allocation to
long-term bonds. 8p.
200252 Walter, Ingo. Strategies in financial services, the
shareholders and the system: is bigger and broader better?.
41p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
540 Cadsby, C. Bram, et al. Gender and culture in a threshold
public goods game: Japan versus Canada. 33p.
536 Hirose, Ken-ichi & Ikeda, Shinshuke. On decreasing
impatience. 30p.
UNIVERSITY OF OTTAWA. Department of Economics.
2002-1 Rodriguez, Gabriel & Rowe, Nicholas. Why U.S. money does
not cause U.S. output, but does cause Hong Kong output.
18p.
2002-2 Atallah, Gamal. Information sharing and the stability of
cooperation in research joint ventures. 39p.
PAGE 63
2002-3 Atallah, Gamal. Production technology, information
technology and vertical integration under asymmetric
information. 45p.
2002-4 Atallah, Gamal. Opportunity costs, competition, and firm
selection. 25p.
UNIVERSITY OF OXFORD. Nuffield College.
2002-4 Binmore, Ken & Klemperer, Paul. The biggest auction ever:
the sale of the British 3G Telecom licenses. 33p.
200128 Engle-Warnick, Jim & Ruffle, Bradley. Inferring buyer
strategies and their impact on monopolist pricing. 37p.
2002-5 Klemperer, Paul. How (not) to run auctions: the European 3G
Telecom auctions. 22p.
200129 Nunziata, Luca. Institutions and wage determination: a
multi-country approach. 33p.
200124 Quah, John K.H. Comparative statics and the welfare
theorems when goods are normal. 51p.
2002-3 Quah, John K.H. The law of demand and risk aversion. 15p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
2002-2 Bau, Haim H. & Shachmurove, Yochanan. Chaos theory and its
application. 43p.
2002-3 Fishman, Arthur & Rob, Rafael. Is bigger better? Investing
in reputation. 19p.
2002-1 Fishman, Arthur & Rob, Rafael. Product innovations and
quality-adjusted prices. 8p.
2002-4 Ferreira, Pedro C. & de Abreu Passoa, Samuel. Can the costs
of education explain the poverty of nations? Measuring the
impact of factors taxation and life expec. 37p.
2002-5 Pessoa, Samuel de Abreu & Rob, Rafael. Vintage capital,
distortions and development. 42p.
2002-7 Dewatripoint, Mathias, Legros, Patrick & Matthews, Steven A.
Moral hazard and capital structure dynamics. 56p.
2002-8 Schachmurove, Yochanan. Applying artificial neural networks
to business, economics and finance. 43p.
2002-9 Lizzeri, Alessandro, Meyer, Margaret A. & Persico, Nicola.
The incentive effects of interim performance evaluations.
25p.
PRINCETON UNIVERSITY. Industrial Relations Section.
461 Krueger, Alan B. & Mas, Alexandre. Strikes, scabs and tread
separations: labor strife and the production of defective
Bridgestone/Firestone tires. 63p.
463 Ashenfelter, Orley & Greenstone, Michael. Using mandated
speed limits to measure the value of a statistical life.
45p.
462 Clark, Melissa A. & Jaeger, David A. Natives, the
foreign-born and high school equivalents: new evidence on
the returns to the GED. 30p.
464 Vindigni, Andrea. Income distribution and skilled biased
technological change. 34p.
PAGE 64
465 Vindigni, Andrea. Uncertainty and the politics of
employment protection. 57p.
467 Platt, Leah & Farber, Henry S. What's a droupout to do?
Coping with the deterioration of the low-skilled labor
market. 28p.
468 Whitmore, Diane. What are food stamps worth?. 64p.
PRINCETON UNIVERSITY. International Economics Section-Essays.
224 Larrain B., Felipe & Velasco, Andres. Exchange-rate policy
in emerging-market economies: the case for floating. 50p.
225 Srinivasan, T.N. Trade, development, and growth. 38p.
PRINCETON UNIVERSITY. International Economics Section-Studies.
226 Bird, Graham & Rajan, Ramkishen S. The evolving Asian
financial architecture. 64p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
217 Battaglini, Marco, Benabou, Roland & Tirole, Jean.
Self-control in peer groups. 43p.
216 Benabou, Roland & Tirole, Jean. Willpower and personal
rules. 53p.
215 Grossman, Gene M. & Lai, Edwin. International protection of
intellectual property. 43p.
218 Grossman, Gene M. & Helpman, Elhanan. Outsourcing in a
global economy. 54p.
214 Morgan, John, Steiglitz, Ken & Reis, George. Relative
profit auctions. 23p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1155 Folta, Timothy B. & O'Brien, Jonathan P. Entry in the
presence of dueling options. 45p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
489 Greenwood, Jeremy, Guner, Nezih & Knowles, John A. More on
marriage, fertility and the distribution of income. 40p.
486 Burstein, Ariel, Eichenbaum, Martin & Rebelo, Sergio. Why
are rates of inflation so low after large devaluations?.
51p.
488 Dahl, Gordon B. Mobility and the return to education:
testing a Roy model with multiple markets. 60p.
487 Greenwood, Jeremy & Seshadri, Ananth. The U.S. demographic
transition. 17p.
490 Guvenen, M. Fatih. Does stockholding provide perfect risk
sharing?. 51p.
491 Guvenen, M. Fatih. Recociling conflicting evidence on the
elasticity of intertemporal substitution : a macroeconomic
perspective. 40p.
UNIVERSITY OF ROCHESTER. Wallis Inst. of Political Economy.
24 Banks, Jeffrey S. & Duggan, John. A multidimensional model
of repeated elections. 51p.
PAGE 65
22 Bernhardt, Dan & Chambers, Christopher. Profit sharing
(with workers) facilitates collusion (among firms). 23p.
23 Cho, Seok-ju & Duggan, John. Uniqueness of stationary
equilibria in a one-dimensional model of bargaining. 14p.
26 Banks, Jeffrey S., Dugan, John & Le Breton, Michel. Social
choice in the general spatial model of politics. 30p.
25 Duggan, John. Nash implementation with a private good.
17p.
27 Renstrom, Thomas & Yalcin, Erkan. Endogenous firm
objectives. 29p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
57 Belloc, Marianna & Gandolfo, Giancarlo. Does the
Feldstein-Horioka paradox exist?. 33p.
66 De Arcangelis, Giuseppe & Mion, Giordano. Spatial
externalities and empirical analysis: the case of Italy.
38p.
UNIVERSITY OF SAARLAND. Department of Economics.
2001-1 Breit, Joachim, Schmidt, Gunter & Strusevich, Vitaly A.
Non-preemprive two-machine open shop scheduling with
non-availability constraints. 17p.
2002-1 Hossfeld, Christopher & Kramer, Gregor. Auditing
operational risk in banks: a new challenge. 29p.
2001-2 Braun, Oliver & Schmidt, Gunter. Parallel processor
scheduling with limited number of preemptions. 10p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
200112 Agell, Jonas. On the determinants of labour market
institutions: rent seeking vs. social insurance. 41p.
200113 Bohlin, Nils. Clustering and joint marketing in retail
trade. 42p.
200111 Fukushima, Yoshihiko. Active labour market programmes,
education and unemployment. 28p.
2002-2 Dufwenberg, Martin & Muren, Astri. Discrimination by gender
and social distance. 31p.
200114 Forslid, Rikard & Knarvik, Karen H.M. Internationalisation,
industrial policy and clusters. 27p.
200115 Johansson, Mats, Katz, Katarina & Nyman, Hakan. Wage
differentials and gender discrimination: changes in Sweden,
1981-1998. 40p.
2002-1 Katz, Katarina. Labour in transition: women and men in
Taganrog, Russia. 63p.
2002-5 Arai, Mahmood, Kimwall, Mats & Thoursie, Peter S. Cyclical
and causal patterns of inflation and GDP growth. 25p.
2002-3 Jacobseon, Adam. Political media contests and confirmatory
bias. 25p.
2002-4 Thoursie, Peter S. Reporting sick: are sporting events
contagious?. 25p.
200210 Bohm, Peter. Improving cost-effectiveness and facilitating
participation of developing countries in international
emissions trad. 18p.
PAGE 66
2002-7 Svaleryd, Helena. Female representation: is is important
for policy decisions?. 37p.
2002-6 Svaleryd, Helena & Vlachos, Jonas. Financial markets,
industrial specialization and comparative advantage:
evidence from OECD countries. 43p.
2002-9 Nekby, Lena. Employment convergence of immigrants and
natives in Sweden. 37p.
2002-8 Nyberg, Dan. Should exchange rates be ignored in the
setting of monetary policy?. 34p.
200211 Bohm, Peter. Comparing permit allocation options: the main
points. 7p.
200212 Agell, Jonas & Bennmarker, Helge. Wage policy and
endogenous wage rigidity: a representative view from the
inside. 83p.
200213 Dufwenberg, Martin, et al. Price floors and competition.
31p.
200214 Lindquist, Matthew J. Capital-skill complementarity and
inequality over the business cycle. 35p.
200216 Pettersson, Jan. Democracy, regime stability, and growth.
47p.
TEL-AVIV UNIVERSITY. Eitan Berglas School of Economics.
312001 Donnenfeld, Shabtai & Haug, Alfred A. Currency invoicing of
U.S. imports. 17p.
332001 Goldstein, Itay & Pauzner, Ady. Contagion of
self-fulfilling financial crises due to diversification of
investment portfolios. 29p.
322001 Goldstein, Itay & Pauzner, Ady. Demand deposit contracts
and the probability of bank runs. 28p.
1/2002 Grossman, Gene M. & Helpman, Elhanan. Outsourcing in a
global economy. 54p.
302001 Spiegler, Ran. Argumentation and decision biases in
multi-issue debates. 15p.
342001 Weiss, Yoram, Sauer, Robert M. & Gotlibovski, Menachem.
Immigration, search and loss of skill. 40p.
2/2002 Ber, Hedva, Blass, Asher & Yosha, Oved. Monetary policy in
an open economy: the differential impact on exporting and
non-exporting firms. 45p.
5/2002 Chiappori, Pierre A. & Weiss, Yoram. Marriage contracts and
divorce: an equilibrium analysis. 34p.
4/2002 Fershtman, Chaim, Gneezy, Uri & Verboven, Frank.
Discrimination and nepotism: the efficiency of the anonymity
rule. 33p.
6/2002 Rubinstein, Ariel. Comments on the risk and time
preferences in economics. 6p.
3/2002 Spiegler, Ran. Justifiability and delay tactics in a
concession game. 14p.
112002 Byzalov, Dmitri. A dynamic model of OPEC: collusive
behavior and demand-reducing investment. 50p.
9/2002 Cohen, Sarit & Eckstein, Zvi. Labor mobility of immigrants:
training experience, language and opportunities. 52p.
8/2002 Fershtman, Chaim & Heifetz, Aviad. Read my lips, watch for
leaps: a theory of endogenous political instability. 22p.
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102002 Piccione, Michele & Rubinstein, Ariel. Modeling the
economic interaction of agents with diverse abilities to
recognize equilibrium patterns. 12p.
7/2002 Viaene, Jean-Marie & Zilcha, Itzhak. Human capital and
cross-country comparison of inequality. 32p.
162002 Goldstein, Itay & Pauzner, Ady. Demand deposit contracts
and the probability of bank runs. 41p.
132002 Grossman, Gene M. & Helpman, Elhanan. Outsourcing versus
FDI in industry equilibrium. 14p.
172002 Heifetz, Aviad & Pauzner, Ady. Backward induction with
players who doubt others' faultlessness. 19p.
122002 Heifetz, Aviad & Segev, Ella. Escalation and delay in long
international conflicts. 24p.
142002 Levy, Gilat. A model of political parties. 33p.
152002 Razin, Assaf & Sadka, Efraim. FDI flows, portfolio flows
and domestic investment: the role of information. 12p.
UNIVERSITY OF TOKYO. Ctr. for Int'l. Research on the Japanese Econ.
143 Fujimoto, Takahiro & Orihashi, Shinya. The strategic
effects of firm sizes and dynamic capabilities on overseas
operations: a case-based comparison of Toy. 28p.
139 Kandori, Michihiro. Randomization, communication and
efficiency in repeated games with imperfect public
monitoring. 12p.
141 Kobayashi, Takao, Takahashi, Akihiko & Tokioka, Norio.
Dynamic optimality of yield curve strategies. 31p.
146 Kunitomo, Naoto & Takaoka, Makato. On RegARIMA model,
regSSARMA model and seasonality. 20p.
147 Matsushima, Hitoshi. Stability and implementation via
simple mechanisms in the complete information environments.
48p.
144 Nakayama, Yuji & Nishimura, Kiyohiko G. Does e-commerce
always increase social welfare in the long run?. 31p.
145 Nishimura, Kiyohiko G., et al. Effects of information
technology and aging work force on labor demand and
technological progress in Japanese indus. 86p.
138 Okazaki, Tetsuji & Yokoyama, Kazuki. Measuring the extent
and implications of director interlocking in the pre-war
Japanese banking industry. 46p.
142 Punzo, Lionello F. The look of stagnation: Romania's
erratic transition. 37p.
140 Takahashi, Akihiko, Kobayashi, Takao & Nakagawa, Naruhisa.
Pricing convertible bonds with default risk: a
Duffie-Singleton approach. 33p.
153 Ishihara, Shunji. Worker's everyday life organized by
Swedish labor movement at the turn of the century. 20p.
151 Khan, Haider A. Can banks learn to be rational?. 25p.
157 Khan, Haider A. China's entry into the WTO: ICT sectors,
innovation, growth and distribution. 20p.
152 Khan, Haider A. Digital development: challenges and
prospects. 39p.
155 Khan, Haider A. & Martin, M.A. Information technology,
growth and welfare: an economic and engineering analysis of
wavelength division multiplexin. 32p.
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150 Khan, Haider A. Innovation and growth: a Schumpeterian
model of innovation. 42p.
156 Khan, Haider A. On paradigms, theories and models. 8p.
149 Matsushima, Hitoshi. Direct mechanisms, virtual
implementation, and majority-proofness. 14p.
148 Matsushima, Hitoshi. Plurality mechanisms, virtual
implementation, and Condorcet decisiveness. 15p.
154 Matsushima, Hitoshi. Repeated games with correlated private
monitoring and secret price cuts. 37p.
160 Aoki, Reiko & Nagaoka, Sadao. The utility standard and the
patentability of basic research. 30p.
161 Feng, Cheng-Min, Kan, Chao-Chung & Khan, Haider A. On
modelling negotiations within a dynamic multi-objective
programming framework: analysis of risk measurement with.
31p.
168 Iwamoto, Yasushi. The fiscal investment and loan program in
transition. 24p.
167 Kamiya, Kazuya & Shimizu, Takashi. Real indeterminacy of
stationary equilibria in matching models with media of
exchange. 36p.
163 Khan, Haider A. The extended panda's thumb and a new global
financial architecture. 32p.
164 Khan, Haider A. How effective is Japanese foreign aid?
Econometric results from a bounded rationality model for
Indonesia. 25p.
166 Khan, Haider A. Managing global risks and creating
prosperity: the role of the IMF and regional financial
architectures. 28p.
162 Kubokawa, Tatsuya & Srivastava, M.S. Estimating the
covariance matrix: a new approach. 21p.
165 Lin, Chin-Shien, Khan, Haider A. & Huang, Chi-Chung. Can
the neuro fuzzy model predict stock indexes better than its
rivals?. 48p.
158 Miwa, Yoshiro & Ramseyer, J. Mark. The legislative dynamic:
evidence from the deregulation of financial services in
Japan. 25p.
159 Miwa, Yoshiro & Ramseyer, J. Mark. Who appoints them, what
do they do? Evidence on outside directors from Japan. 29p.
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
2002-6 Alexander, Cindy R. Corporate stock ownership as an
alignment mechanism: hidden actions and the determination of
corporate and insider . 35p.
2002-3 Emch, Eric R. Does opportunism explain markups in laser
printer toner and memory? No and yes evidence on pricing in
aftermarkets. 60p.
2002-5 Ennis, Sean F. Connection and disconnection of networks.
42p.
2002-4 Kimmel, Sheldon. Bertrand competition without completely
certain production. 19p.
2002-1 Majewski, Suzanne E. & Williamson, Dean V. Endogenous
spillovers, strategic blocking, and the design of contracts
in collaborative R & D. 35p.
PAGE 69
2002-2 Pittman, Russell. Chinese railway reform and competition:
vertical or horizontal restructuring. 23p.
200210 Dick, Andrew R. Knowing your rival's price: some guideposts
for evaluating communications between competitors. 24p.
200212 Ennis, Sean. A nonparametric analysis of international
long-distance demand. 15p.
200213 Kimmel, Sheldon. The Supreme Court's efficiency defense.
13p.
2002-7 Majewski, Suzanne E. Knowledge spillovers in strategic
alliances: the case of biotechnology. 39p.
200211 Waehrer, Keith. Mechanisms for dividing labor and sharing
revenue in joint ventures. 18p.
2002-9 Werden, Gregory J. Beyond critical loss: tailoring
applications of the hypothetical monopolist paradigm. 12p.
2002-8 Werden, Gregory J. Market delineation algorithms based on
the hypothetical monopolist paradigm. 25p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
12 Ott, Katarina. The underground economy in Croatia. 29p.
13 Madzarevic-Sujster, Sanja. An estimate of tax evasion in
Croatia. 23p.
15 Sosic, Vedran & Faulend, Michael. Dollarization and the
underground economy: accidental partners?. 21p.
14 Stulhofer, Aleksandar & Rimac, Ivan. Opportunism,
institutions and moral costs: the socio-cultural dimension
of the underground economy in Croatia, 1995. 13p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
1029 Athanasoulis, Stefano G. & Shiller, Robert J. World income
components: measuring and exploiting risk-sharing
opportunities. 0p.
1030 Quintos, Carmela, Fan, Zhenhong & Phillips, Peter C.B.
Structural change tests in tail behavior and the Asian
crisis. 0p.
1031 Andrews, Donald W.K. Higher-order improvements of a
computationally attractive k-step bootstrap for extremum
estimators. 0p.
1032 Chang, Yoosoon, Park, Joon Y. & Phillips, Peter C.B.
Nonlinear econometric models with cointegrated and
deterministically trading regressors. 0p.
1034 Mailath, George J. & Morris, Stephen. Repeated games with
almost-public monitoring. 0p.
1033 Shubik, Martin & Tsomocos, Dimitrios P. A strategic market
game with seigniorage costs of fiat money. 0p.
1035 Maynard, Alex & Phillips, Peter C.B. Rethinking an old
empirical puzzle: econometric evidence on the forward
discount anomaly. 0p.
1036 Scarf, Herbert E. Inventory theory. 0p.
1038 Bergemann, Dirk & Valimaki, Juuso. Information acquisition
and efficient mechanism design. 0p.
1039 Corbae, Dean, Ouliaris, Sam & Phillips, Peter C.B. Band
spectral regression with trending data. 0p.
PAGE 70
1037 Ploberger, Werner & Phillips, Peter C.B. Rissanen's theorem
and econometric time series. 0p.
1040 Shubik, Martin. Game theory and operations research: some
musings 50 years later. 0p.
1043 Baliga, Sandeep & Morris, Stephen. Co-ordination,
spillovers, and cheap talk. 0p.
1042 Brown, Donald J. & Wegkamp, Marten H. Weighted minimum
mean-square distance from independence estimation. 0p.
1041 Shimotsu, Katsumi & Phillips, Peter C.B. Pooled log
periodogram regression. 0p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research-Reprints.
182 Kubo, Katsuyuki. Ranking hierarchy and rank order
tournament. 0p.
183 Kurosaki, Takashi. Consumption smoothing and the structure
of risk and time preferences: theory and evidence from
village India. 0p.
185 Chigira, Makoto & Fukao, Kyoji. On the Japanese
contribution to the equalization of world income. 0p.
184 Nishizawa, Tamotsu. Ichiro Nakayama and the stabilization
of industrial relations in postwar Japan. 0p.
YALE UNIVERSITY. Economic Growth Center-Reprint Series.
580 Dawkins, Christina, Srinivasan, T.N. & Whalley, John.
Calibration. 0p.
578 Evenson, Robert E.. Economic impacts of agricultural
research and extension. 0p.
577 Johnson, Daniel K.N. & Evenson, Robert E. How far away is
Africa? Technological spillovers to agriculture and
productivity. 0p.
583 Schultz, T. Paul. Why governments should invest more to
educate girls. 0p.
581 Schultz, T. Paul. Women's roles in the agricultural
household: bargaining and human capital investments. 0p.
579 Srinivasan, T.N. & Deaton, Angus. Comment on "counting the
world's poor". 0p.
582 Srinivasan, T.N. Trade, development, and growth. 0p.
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