New Acquisitions - 1992
PAGE 1
STATE UNIVERSITY OF NEW YORK AT ALBANY. Department of Economics.
9201 Chou, Chien-fu & Talmain, Gabriel. Non-parametric search.
16p.
9202 Jerison, David & Jerison, Michael. Approximately rational
consumer demand. 35p.
9203 Chaudhuri, Anita. Human capital and age effects in
life-cycle decision models with comments on female labor
supply. 35p.
9204 Kimura, Fukunari. Country-specific factors, human capital
accumulation, and economic growth. 34p.
9205 Kimura, Fukunari. The effects of international factor
movements on a large country's welfare: the country-specific
factor approach. 25p.
9206 Melmed-Sanjak, Jolyne. The interaction of agricultural
producer cooperatives & multinational capital: strategies
and outcomes. 40p.
9207 Chou, Chien-fu, Kimura, Fukinari & Talmain, Gabriel. R & D
effort, economic integration and country size. 21p.
9208 Mirer, Thad. The dissaving of annuity wealth and marketable
wealth in retirement. 18p.
9209 Jerison, Michael. Optimal income distribution rules and the
non-representative representative consumer. 37p.
UNIVERSITY OF ALBERTA. Department of Economics.
92-1 Dastoor, Naorayex K. A note on White's heteroskedasticity
consistent covariance matrix estimator. 7p.
92-2 van Egteren, Henry. Environmental quality and price
regulation in a multi-dimensional monopoly screening model.
24p.
92-3 van Egteren, Henry. A state versus federal environmental
regulation in a non cooperative monopoly screening model.
22p.
92-6 Landon, Stuart & Ryan, David L. The impact of moving
average error on unit root test results: some Monte Carlo
evidence. 36p.
92-5 Ruggeri, G.C., Howard, R. & Bluck, K. The measurement of
poverty and the incidence of poverty among the elderly.
30p.
92-7 Ryan, David L. & Young, Denise. Searching for valid
instruments: removing barriers to instrument selection.
13p.
92-4 Wong, Edy. Building confidence in the future of Hong Kong:
monetary union with Shenzhen. 26p.
92-8 Xu, Yingfeng. A model of trade and growth with a nontraded
service sector. 19p.
92-9 Xu, Yingfeng. A North-South model of international trade
and investment with a continuum of goods. 27p.
9212 Beason, Dick. Microfoundations of the Japanese bonus
system. 25p.
9210 de Palma, Andre & Lindsey, Robin. The potential benefits of
a combined route guidance and road pricing system: an
economic analysis. 83p.
PAGE 2
9211 Xu, Yingfeng. An unconventional exchange rate model:
explaining the fluctuation of the Canadian-U.S. dollar rate
in the 80's. 29p.
9214 Landon, Stuart & Ryan, David L. Letting the data determine
lag length in unit root tests: some Monte Carlo evidence.
20p.
9215 Ryan, David L. & Landon, Stuart. The impact on unit root
tests of misrepresenting the data generating process. 40p.
9216 Xu, Yingfeng. Unveiling the mystery behind the seemingly
random walk of exchange rates: a new approach of estimating
the portfoli. 35p.
9213 Xu, Yingfeng. What explains the fluctuation of the Deutsche
Mark - U.S. $ rate?. 30p.
9217 Buse, A. & Dastoor, N.K. The power of two exact tests for
structural change in the presence of heteroskedasticity.
26p.
9218 Beason, Dick. Share price volatility of Keiretsu member and
non-member firms in Japan. 21p.
9219 McMillan, Melville L. Declared or market evaluations of
environmental quality?: comparison and integration. 59p.
9223 Beason, Dick. Separation risk and firm size earnings
relationships in Japan and the U.S. 26p.
9220 Buse, A. The calculation of correct almost ideal demand
systems (AIDS) elasticities. 16p.
9224 Ruggeri, G.C., Van Wart, D. & Cassady, K. Global
progressivity indices as aggregates of local indices: the
relative share adjustment & Suits' Index. 38p.
9221 Ruggeri, G.C., Howard, R. & Van Wart, D. Structural
imbalances in the Canadian fiscal system. 31p.
9222 Ruggeri, G.C., et al. Vertical fiscal imbalance and the
reallocation of tax reform in Canada. 34p.
9225 Smith, Todd. The beliefs of borrowers and lenders and
investment decisions. 17p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9202 Herrero, Carmen & Marco, M. Carmen. A note on the
equal-loss principle for bargaining problems. 20p.
9201 Ortuno-Ortin, Ignacio. Inspections in models of adverse
selection. 46p.
9204 Gallego, Ana Maria. Differentiability of the value function
in stochastic models. 26p.
9203 Herrero, Carmen & Subiza, Begonia. Numerical representation
of partial orderings. 20p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
97 Bacchetta, Philippe & Espinosa, Maria P. Information
sharing and tax competition among governments. 28p.
96 Caballe, Jodri & Santos, Manuel S. On endogenous growth
with physical and human capital. 22p.
99 Christodoulakis, N. & Katsoulacos, Y. Privatisation, public
deficit finance, and investment in infrastructure. 36p.
98 Georgoutsos, Dimitris A. & Kouretas, Georgios P. Testing
long-run equilibrium relationships between exchange rates
and prices: a maximum likelihood approach. 32p.
PAGE 3
95 Vazquez, Jesus. On stability, uniqueness and cycles in
inflationary finance models. 28p.
AUSTRALIAN NATIONAL UNIVERSITY. Centre for Econ Policy Research.
261 Blundell-Wignall, Adrian. The relevance of macroeconomics
in OECD countries. 33p.
265 Dwyer, Larry & Forsyth, Peter. The case for tourism
promotion: an economic analysis. 22p.
262 Pitchford, John. Current account deficits, external
liabilities and economic policy. 52p.
263 Pitchford, John. Macroeconomic policy issues of the 1990's.
49p.
264 Wallis, Kenneth F. On macroeconomic policy and
macroeconometric models. 37p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
241 Benge, Matt. Taxes, inflation and investment incentives in
a small open economy. 44p.
242 Dowrick, Steve. Enterprise bargaining, union structure and
wages. 25p.
243 Dowrick, Steve. Estimating the impact of government
consumption on growth: growth accounting and optimistic
models. 24p.
244 Leung, E.S. An empirical investigation into Australia's
asset markets and exchange rates. 37p.
AUSTRALIAN NATIONAL UNIVERSITY. Nat'l. Centre for Devel. Studies.
92-2 Coxhead, Ian A. & Warr, Peter G. Poverty and welfare
effects of technical change: a general equilibrium analysis
for Philippine agriculture. 38p.
92-1 Martin, Will & Warr, Peter G. The declining economic
importance of agriculture: a supply side analysis for
Thailand. 33p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
167 Brito, Dagobert, Hamilton, Jonathan & Slutsky, Steven.
Social indifference curves with optimal second best
taxation. 14p.
170 Alseda, Lluis & Falco, Antonio. An entropy formula for a
class of circle maps. 10p.
165 Perez-Castrillo, J. David. Cooperative outcomes through
non-cooperative games. 25p.
169 Petith, Howard C.. Exploitation and the falling rate of
profit in a Marxian growth model with decreasing returns.
32p.
173 Bacchetta, Philippe & Espinosa, Maria P. Information
sharing and tax competition among governments. 28p.
171 Esteban, Joan Maria & Ray, Debraj. On the measurement of
polarization. 36p.
172 Esteban, Joan Maria & Sakovics, Jozsef. Intertemporal
transfer institutions. 28p.
PAGE 4
176 Bacchetta, Philippe & Caminal, Ramon. A note on reserve
requirements and public finance. 8p.
175 Caminal, Ramon & Pages, Carme. International fiscal policy
games with aggregate demand spillovers. 32p.
177 de Frutos Casado, M. Angeles. Coalitional manipulations in
a state-sharing problem. 20p.
181 Engineer, Merwan, Esteban, Joan & Sakovics, Jozsef. Costly
transfer institutions and the core in an overlapping
generations model. 22p.
182 Esteban, Joan, Mitra, Tapan & Ray, Debraj. Efficient
monetary equilibrium: an overlapping generations model with
non stationary monetary policies. 37p.
179 Macho-Stadler, Ines & Perez-Castrillo, J. David.
Centralized and decentralized contracts in a moral hazard
environment. 12p.
178 Morch von der Fehr, Nils H. & Kuhn, Kai-Uwe. Coase vs.
Pacman: who eats whom in the durable goods monopoly?. 38p.
180 Perez-Castrillo, J. David. Instability in the labour market
for researchers. 32p.
174 Vives, Xavier. The speed of information revelation in a
financial market mechanism. 34p.
BELL COMMUNICATIONS RESEARCH. Economics Discussion Papers.
82 Chakravorti, Bhaskar. Sequential rationality,
implementation and pre-play communication. 33p.
76 Chakravorti, Bhaskar, Corchon, Luis C. & Wilkie, Simon.
Credible implementation. 33p.
81 McLean, Richard & Sharkey, William W. Alternative methods
for cost allocation in stochastic service systems. 25p.
75 Sharkey, William W. & Sibley, David S. Optimal non-linear
pricing with regulatory preference over customer types.
37p.
80 Spiegel, Yossef. Horizontal subcontracting. 43p.
74 Spiegel, Yossef. Investment in flexibility under rate
regulation. 32p.
78 Srinagesh, Padmanabhan. A dynamic stochastic model of
choice. 11p.
79 Srinagesh, Padmanabhan. Self rationing with nonlinear
prices. 27p.
77 Wilkie, Simon & Diamantrias, Dimitrios. On the set of
Pareto efficient allocations in an economy with public
goods. 13p.
BOSTON UNIVERSITY. Department of Economics.
6 Auerbach, Alan J., Kotlikoff, Laurence J. & Weil, David N.
The increasing annuitization of the elderly: estimates and
implications for intergenerational transfers, inequality.
33p.
2 Beaudry, Paul & van Wincoop, Eric. Alternative
specifications for consumption and the estimation of the
intertemporal elasticity of substitution. 24p.
3 Coate, Stephen & Loury, Glenn C. Will affirmative action
policies eliminate negative stereotypes?. 41p.
PAGE 5
1 Fernandez, Raquel & Rogerson, Richard. Income distribution,
communities and the quality of public education. 36p.
8 Glazer, Jacob & Weiss, Andrew. Conflicting preferences and
voluntary restrictions on choices. 33p.
4 Gonzalo, Jesus & Granger, Clive. Estimation of common
long-memory components in cointegrated systems. 64p.
7 Ma, Ching-to Albert & Weiss, Andrew M. A signalling theory
of unemployment. 31p.
5 van Wincoop, Eric. Regional and international risksharing.
24p.
9 Weiss, Andrew. Productivity changes without formal
training. 35p.
10 Chamley, Christophe & Gale, Douglas. Information revelation
and strategic delay in a model of investment. 43p.
11 Gonzalo, Jesus. Cointegration and aggregation. 14p.
12 Kotlikoff, Laurence J. Alternative policies to stimulate
U.S. saving. 35p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
36 Cooper, Russell, DeJong, Douglas V. & Ross, Thomas W.
Cooperation without reputation: experimental evidence from
prisoner's dilemma games. 44p.
31 Drottboom, Michael & Leininger, Wolfgang. On the scope of
indirect regulation of monopolies in the presence of large
entry cost. 26p.
35 Gale, Douglas & Rosenthal, Robert W. Price and quality
cycles for experience goods. 34p.
27 Gilbert, Richard J. & Riordan, Michael H. Regulating
complementary products: a problem of institutional choice.
35p.
32 Leininger, Wolfgang & Yang, Chun-Lei. Dynamic rent-seeking
games. 21p.
24 Ma, Ching-to Albert & Burgess, James F. Quality
competition, welfare, and regulation. 22p.
10 McGuire, Thomas G. & Riordan, Michael H. Incomplete
information and optimal market structures: public purchases
from private providers. 32p.
26 Riordan, Michael H. Competitive and bank performance: a
theoretical perspective. 28p.
25 Riordan, Michael H. Qualified suppliers. 18p.
18 Riordan, Michael H. Regulation and preemptive technology
adoption. 43p.
30 Riordan, Michael H. & Salant, David J. Preemptive adoptions
of an emerging technology. 32p.
33 Rosenthal, Robert W. Bargaining rules of thumb. 16p.
34 Rosenthal, Robert W. Rules of thumb in games. 20p.
BROWN UNIVERSITY. Department of Economics.
92-6 Allen, Polly R. & Stein, Jerome L. The dynamics of the
fundamental determinants of the natural real exchange rate.
37p.
92-2 Bloch, Francis. Endogenous structures of association in
oligopolies. 39p.
PAGE 6
92-3 Bloch, Francis. Nondictatorial social welfare functions
with different discrimination structures. 18p.
92-5 Bloch, Francis. Sequential formation of coalitions with
fixed payoff division. 43p.
92-1 Grossman, Herschel I. Robin Hood and the welfare state.
9p.
92-9 Henderson, Vernon, Kuncoro, Ari & Turner, Matt. Industrial
development in cities. 38p.
92-7 Ho, Mun, Perraudin, William & Sorensen, Bent. Multivariate
tests of a continuous time equilibrium arbitrage pricing
theory w/ conditional heteroskedasticity and . 44p.
92-8 Ray, Debraj & Vohra, Rajiv. Equilibrium binding agreements.
34p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9104 Anas, Alex & Arnott, Richard J. Technological progress in a
model of the housing-land cycle. 37p.
9105 Anas, Alex, de Palma, Andre & Thisse, Jean-F. Variety and
size regulation in discrete choice oligopoly. 19p.
9103 Harwitz, Mitchell, et al. Optimal search on spatial paths
with recall. 39p.
9106 Jafarey, Saqib & Rupert, Peter. Money and bilateral credit
with private information. 24p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
788 Cull, Robert J., Hoffman, Philip T. & Hughson, Eric. New
evidence for an old controversy: scattered landholdings and
open fields. 28p.
785 Palfrey, Thomas R. & Rosenthal, Howard. Repeated play,
cooperation and coordination: an experimental study. 46p.
791 Chander, Parkash & Wilde, Louis. A general characterization
of optimal income taxation and enforcement. 28p.
784 Cicchetti, Charles J. & Dubin, Jeffrey A. A
micro-econometric analysis of risk-aversion and the decision
to self-insure. 32p.
794 Domowitz, Ian & El-Gamal, Mahmoud A. A consistent test of
stationary ergodicity. 13p.
795 Dubin, Jeffrey A. & Gerber, Elisbeth R. Patterns of voting
on ballot propositions: a mixture model of voter types.
33p.
789 Keech, William R. Rules, discretion, and accountability in
macroeconomic policymaking. 21p.
787 Prisbey, Jeffrey. An experimental analysis of two-person
reciprocity games. 40p.
792 Requate, Till. Permits or taxes?: how to regulate Cournot
duopoly with polluting firms. 31p.
796 Bossaerts, Peter. Asset prices in a speculative market.
29p.
797 Bossaerts, Peter. Lower bounds on asset return comovement.
23p.
798 Gerber, Elisabeth R. Legislatures, initiatives, and
representation: comparing the effects of institutions on
policy outcomes. 31p.
PAGE 7
790 Keech, William R. & Sistrom, Michael P. Implementation of
the Voting Rights Act in North Carolina. 50p.
799 Noussair, Charles, Plott, Charles & Riezman, Raymond. An
experimental investigation of the patterns of international
trade. 64p.
793 Szakaly, Kristin. The political economy of government debt
in England (1693-1800): war, liquidity and institution
innovation. 35p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
188 Bayoumi, Tamim & Eichengreen, Barry. Is there a conflict
between EC enlargement and European monetary unification?.
19p.
187 Bayoumi, Tamim & Eichengreen, Barry. Shocking aspects of
European monetary unification. 39p.
189 Eichengreen, Barry & Uzan, Marc. The Marshall Plan:
economic effects and implications for Eastern Europe and the
Soviet Union. 81p.
192 Craine, Roger. Are futures margins adequate?. 29p.
191 Eichengreen, Barry. Three perspectives on the Bretton Woods
system. 49p.
190 Hall, Bronwyn H. & Mairese, Jacques. Exploring the
relationship between R & D and productivity at the firm
level in French manufacturing. 44p.
196 Bardhan, Pranab. Economics of development and the
development of economics. 21p.
197 Engl, Greg & Scotchmer, Suzanne. The core and the hedonic
core: equivalence and comparative statics. 49p.
198 Rabin, Matthew. Incorporating behavioral assumptions into
game theory. 27p.
199 Rabin, Matthew. Incorporating fairness into game theory and
economics. 54p.
200 Eichengreen, Barry. A consumer's guide to European Monetary
Unification. 92p.
194 Hall, Bronwyn H. Investment and research and development at
the firm level: does the source of financing matter?. 40p.
193 Hermalin, Benjamin E. Heterogeneity in organizational form:
why otherwise identical firms choose different incentives
for their managers. 35p.
195 Hermalin, Benjamin E. & Wallace, Nancy E. The determinants
of efficiency and solvency in savings and loans. 49p.
202 Barnett, Paul G., Keeler, Theodore E. & Hu, Teh-wei.
Oligopoly structure and the incidence of cigarette excise
taxes. 23p.
201 Bayoumi, Tamin & Eichengreen, Barry. Macroeconomic
adjustment under Bretton Woods and the post-Bretton Woods
float: an impulse-response analysis. 33p.
203 Hu, Teh-wei, et al. The impact of 1989 California major
anti-smoking legislation on cigarette consumption 3 years
later. 13p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9207 Bagwell, Kyle & Ramey, Garey. Advertising and coordination.
37p.
PAGE 8
9205 Bagwell, Kyle & Ramey, Garey. Coordination economies,
advertising and search behavior in retail markets. 44p.
9216 Bates, Charles E. & White, Halbert. Determination of
estimators with minimum asymptotic covariance matrices.
27p.
9224 Bencivenga, Valerie R., Smith, Bruce D. & Starr, Ross M.
Liquidity of secondary capital markets: allocative
efficiency and the maturity composition of the capital
stock. 38p.
9202 Crawford, Vincent P. Adaptive dynamics in coordination
games. 48p.
9221 Ding, Zhuannxin, Granger, Clive & Engle, Robert F. A long
memory property of stock market returns and a new model.
28p.
9219 Engle, Robert F., et al. Arbitrage valuation of variance
forecasts with simulated options. 42p.
9220 Engle, Robert F. & Issler, Joao V. Estimating sectoral
cycles using cointegration and common features. 55p.
9209 Engle, Robert F. & Susmel, Raul. Common volatility in
international equity markets. 30p.
9217 Evans, George W. & Ramey, Garey. Expectation calculation,
hyperinflation and currency collapse. 52p.
9203 Gaspar, Vitor & Pereira, Alfredo M. The impact of financial
integration and unilateral public transfers on investment
and economic growth. 49p.
9222 Granger, Clive W.J. What are we learning about the
long-run?. 19p.
9215 Chen, Xiaohong & White, Halbert. Weak and strong laws of
large numbers for Hilbert space - valued mixingales. 42p.
9218 Granger, Clive, King, Maxwell L. & White, Halbert. Comments
of testing economic theories and the use of model selection
criteria. 26p.
9206 Kaminsky, Graciela & Pereira, Alfredo. The growth collapse
of debtor countries: is it the debt burden?: (with an
application to Argentina). 31p.
9201 Kim, Yong-Gwan & Sobel, Joel. An evolutionary approach to
pre-play communication. 43p.
9211 Kuan, Chung-Ming & White, Halbert. Artificial neural
networks: an econometric perspective. 90p.
9226 Kunst, Robert M. Threshold cointegration in interest rates.
38p.
9223 Levin, Andrew & Lin, Chien-Fu. Unit root tests in panel
data: asymptotic and finite sample properties. 64p.
9214 Levin, Andrew & Raut, Lakshmi K. Complementarities between
exports and human capital in economic growth: evidence from
the semi-industrialized count. 45p.
9210 Lubrano, Michel. Bayesian tests for single equation
cointegration in the case of structural breaks. 31p.
9212 Raut, Lakshmi K. Partial liberalization, exports, and
productivity growth of Indian private firms. 26p.
9225 Starr, Ross M. & Stinchcombe, Maxwell B. Efficient
transportation routing and natural monopoly in the airline
industry: an economic analysis of hub-spoke an. 23p.
9208 Susmel, Raul & Engle, Robert F. Hourly volatility
spillovers between international equity markets. 37p.
PAGE 9
9204 Vahid, Farshid & Engle, Robert F. Common trends and common
cycles. 31p.
9213 White, Halbert. Parametric statistical estimation with
artificial neural networks. 84p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
4/92 Deacon, Robert T. Controlling tropical deforestation: an
analysis of alternative policies. 52p.
3/92 Deacon, Robert T. Rent-seeking and the common pool. 36p.
2/92 Deacon, Robert T. Taxation, depletion, and welfare: a
simulation study of the U.S. petroleum resource. 39p.
1/92 Phillips, Llad & Pippenger, John. Stabilization of the
Canadian dollar: 1975-1986. 25p.
5/92 Qin, Cheng-Zhong. On a potential game for endogenous
formation of cooperation structures. 10p.
9/92 Garratt, Rod & Goenka, Aditya. Income redistribution
without catastrophes. 25p.
6/92 LeRoy, Stephen F. & Steigerwald, Douglas G. Volatility.
31p.
7/92 Mobley, Lee R. & Frech, H.E.. Firm growth and failure in
increasingly competitive markets: application to hospital
markets. 49p.
8/92 Narwold, Andrew & Sonstelie, Jon. State income taxes and
homeownership: a test of the tax arbitrage theory. 39p.
10/92 Garratt, Rod. On decentralization lottery allocations in a
market with consumption indivisibilities. 33p.
12/92 Trejo, Stephen J. Does the statutory overtime premium
discourage long workweeks?. 28p.
11/92 Trejo, Stephen J. Overtime pay, overtime hours, and labor
unions. 30p.
13/92 Trejo, Stephen J. A transformation for estimating the
trinomial logit model with grouped data. 10p.
15/92 Deacon, Robert T. & Murphy, Paul. The structure of an
environmental transaction: the debt-for-nature swap. 50p.
14/92 Garratt, Rod & Qin, Cheng-Zhong. Concavifiability and the
marginal rate of substitution. 13p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
166 Hahn, Frank. Incomplete market economies. 32p.
168 Agliardi, E. & Bebbington, M.S. Self-reinforcing mechanisms
and market information. 19p.
169 Evans, Robert A. Value, consistency and random coalition
formation. 12p.
170 Kapur, Sandeep. On technological expectations. 26p.
171 Kapur, Sandeep. Technological diffusion with endogenous
learning. 31p.
BANK OF CANADA. Technical Reports.
58 Laxton, Douglas & Tetlow, Robert. Government debt in an
open economy. 66p.
59 Laxton, Douglas & Tetlow, Robert. A simple multivariate
filter for the measurement of potential output. 40p.
PAGE 10
60 Poloz, Stephen S. Fiscal policy and external balance in the
G-7 countries. 56p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9202 Fountain, John. Quasi rational consumer demand: some
positive and normative surprises. 26p.
9203 Giles, Judith A. & Giles, David E.A. Pre-test estimation
and testing in econometrics: recent developments. 69p.
9201 Giles, David E. A., Giles, Judith A. & Wong, Jason K.
Testing for ARCH-GARCH errors in mis-specified regression.
32p.
9205 Shea, K.L. & Woodfield, A.E. Optimal capital requirements
for admission of business immigrants in the long run. 20p.
9204 Shea, K.L. & Woodfield, A.E. Optimal immigration in a model
of education and growth. 22p.
9206 Giles, David E.A., Giles, Judith A. & McCann, Ewen.
Causality, unit roots and export-led growth: the New Zealand
experience. 31p.
9208 Small, John P. Testing and estimation with seasonal
autoregressive misspecification. 19p.
9207 Wan, Alan T. The sampling performance of inequality
restricted and pre-test estimators in a misspecified linear
model. 32p.
CARNEGIE-MELLON UNIVERSITY. Grad. School of Indus. Admin.
9208 Epple, Dennis & Platt, Glenn J. Equilibrium among
jurisdictions when households differ by preferences and
income. 46p.
9212 Hotz, V. Joseph & Miller, Robert A. Conditional choice
probabilities and the estimation of dynamic models. 52p.
9213 Hotz, V. Joseph, et al. A simulation estimator for dynamic
models of discrete choice. 35p.
9219 Sunder, Shyam. Experimental asset markets: a survey. 81p.
9218 Sunder, Shyam. Insider information and its role in security
markets. 22p.
9203 Williams, Jeffrey R. How sustainable is your competitive
advantage?. 31p.
9204 Williams, Jeffrey R. Strategy and the search for rents: the
evolution of diversity of among firms. 44p.
9223 Gode, Dhananjay K. & Sunder, Shyam. A comparative analysis
of efficiency of economic institutions with zero
intelligence traders. 26p.
9246 McCarty, Nolan M. & Poole, Keith T. The spatial mapping of
congressional candidates and contributors. 51p.
9232 McGuire, Timothy W. Is the rationality assumption rational
in economic models?. 15p.
9245 Poole, Keith T. & Rosenthal, Howard. The enduring 19th
century battle for economic regulation: the Interstate
Commerce Act revisited. 41p.
9233 Thompson, Gerald L. Sealed bid auctions and economic market
games. 20p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9202 Amable, Bruno & Boyer, Robert. L'Europe dans la competition
technologique mondiale: quelques enjeux et propositions.
102p.
PAGE 11
9210 Boyer, Robert & Juillard, Michel. The new endogenous growth
theory versus a productivity regime approach: one century of
American economic history re. 58p.
9205 Cherif, Imed, Deghdak, Messaoud & Florenzano, Monique.
Existence of equilibria in the overlapping generations
model: the nontransitive case. 25p.
9204 Cohen, Daniel. The debt crisis: a post mortem. 50p.
9208 Cohen, Daniel. Tests of the "convergence hypothesis": a
critical note. 25p.
9203 Ghazouani, Samir & Goaied, Mohammed. Analyse
microeconometrique de la demande de transport urbain pour la
ville de Tunis. 27p.
9201 Gourieroux, Christian & Peaucelle, Irina. La quantite de
monnaie: Russie, les annees, 1918-1927. 39p.
9209 Laffargue, Jean-Pierre. Croissance endogene et
developpement: points de vue recents. 58p.
9207 Laskar, Daniel. Union monetaire: differences structurelles
et asymmetric des chocs. 34p.
9206 Peaucelle, Irina. Theories de la planification et de la
dynamique economique dans les annees vingt en Russie. 34p.
9211 Amable, Bruno & Boyer, Robert. The R & D productivity
relationship in the context of new growth theories: some
recent applied research. 21p.
9215 Boucekkine, R. Quelques idees simples pour la simulation
stochastique des modeles non-lineaires a anticipations
rationnelles et me. 33p.
9212 Boyer, Robert. D'une serie de national labour standards a
un European monetary standard. 53p.
9213 Danilov, V.I. & Sotskov, A.I. Generalized convexity: some
fixed points theorems and their applications. 25p.
9214 Grandmont, Jean-Michel. Aggregation, learning and
rationality. 27p.
UNIVERSITY OF CHICAGO. Graduate School of Business.
127 Cho, In-Koo. Stationarity, rationalizability and
bargaining. 19p.
126 Cho, In-Koo & Matsui, Akihiko. Learning the Ramsey policy.
26p.
128 George, Edward I. & Oman, Samuel D. Improved predictions in
multicollinear regression. 24p.
108 Jones, Larry E., Manuelli, Rodolfo E. & Rossi, Peter E.
Optimal taxation in models of endogenous growth. 43p.
102 McCulloch, Robert & Rossi, Peter E. An exact likelihood
analysis of the multinomial probit model. 55p.
103 Rossi, Peter E. & Allenby, Greg M. A Bayesian approach to
estimating household parameters. 48p.
129 Zellner, Arnold & Min, Chung-ki. Bayesian analysis, model
selection and prediction. 20p.
COLUMBIA UNIVERSITY. Department of Economics.
611 Altshuler, Rosanne & Fulghieri, Paolo. Dynamic effects of
foreign tax credits on multinational corporations. 27p.
PAGE 12
604 Bhagwati, Jagdish. Fair trade, reciprocity and
harmonization: the new challenge to the theory and policy of
free trade. 51p.
603 Bhagwati, Jagdish. Regionalism and multilateralism: an
overview. 43p.
606 Bhagwati, Jagdish. The Stolper-Samuelson theorem: then and
now. 9p.
605 Bhagwati, Jagdish. U.S. immigration policy. 16p.
592 Cagan, Phillip. Does the endogeneity of money disprove
monetary effects on activity?: a test of U.S. data
1880-1929. 12p.
607 Canning, David. Learning language conventions in common
interest signalling games. 30p.
608 Canning, David. Learning the subgame perfect equilibrium.
12p.
600 Caplin, Andrew. Individual inertia and aggregate dynamics.
28p.
599 Caplin, Andrew & Leahy, John. Aggregation and optimization
with state-dependent pricing. 31p.
601 Caplin, Andrew & Leahy, John. Asymmetric information,
adjustment costs and market dynamics. 28p.
602 Caplin, Andrew & Leahy, John. Business as usual, market
crashes and wisdom after the fact. 23p.
593 Chichilnisky, Graciela. The cone condition, properness, and
extremely desirable commodities. 9p.
610 Choi, Jay Pil. An information concealment theory of
vertical integration. 26p.
609 Choi, Jay Pil. Making sense of inefficient intrafirm
transactions: a signalling approach. 11p.
594 Jefferson, Philip. Credit rationing, involuntary
unemployment, and financial collapse in general equilibrium.
19p.
598 Lindbeck, Assar & Snower, Dennis J. Patterns of
unemployment: an insider-outsider analysis. 34p.
597 Lindbeck, Assar & Snower, Dennis J. Price inertia and
production lags. 29p.
596 Perotti, Roberto. Increasing returns to scale, politics,
and the timing of stabilization. 27p.
595 Perotti, Roberto. Political equilibrium, income
distribution, and growth. 34p.
576 Bloom, David E. & Freeman, Richard B. The fall in private
pension coverage in the U.S. 14p.
587 Dhrymes, Phoebus J. A note on testing overidentifying
restrictions: the Anderson-Rubin test revisited. 12p.
589 Dhrymes, Phoebus J. Specification tests in simultaneous
equations systems. 40p.
585 Findlay, Ronald & Lundahl, Mats. Natural resources: "vent
for surplus" and the staples theory: trade and growth with
an endogenous land frontier. 41p.
591 Mincer, Jacob. Human capital: a review. 50p.
625 Alesina, Alberto & Perotti, Roberto. Income distribution,
political instability, and investment. 34p.
626 Alesina, Alberto & Perotti, Roberto. The political economy
of growth: a critical survey of the recent literature and
some new results. 45p.
PAGE 13
620 Beltratti, Andrea, Chichilnisky, Graciela & Heal, Geoffrey
M. Option and non-use values of environmental assets. 10p.
615 Bloom, David E. & Glied, Sherry. Projecting the number of
new AIDS cases in the U.S. 44p.
621 Caplin, Andrew & Nalebuff, Barry. Competition among
institutions. 31p.
619 Chichilnisky, Graciela. Market innovation and the global
environment. 11p.
618 Chichilnisky, Graciela & Heal, Geoffrey. Arbitrage and
equilibrium in economies with infinitely many securities and
commodities. 25p.
616 Chichilnisky, Graciela & Heal, Geoffrey. Financial markets
for unknown risks. 20p.
617 Chichilnisky, Graciela & Wu, Ho-Mou. Financial innovation
and endogenous uncertainty in incomplete asset markets.
50p.
612 Choi, Jay Pil. Irreversible choice of uncertain
technologies with network externalities. 25p.
614 Clarida, Richard H. Cointegration, aggregate consumption,
and the demand for imports: a structural econometric
investigation. 22p.
613 Clarida, Richard H. The real exchange rate and U.S.
manufacturing profits: a theoretical framework with some
empirical support. 22p.
627 Clarida, Richard H. & Taylor, Mark P. The term structure of
forward exchange rates and the forecastability of spot
exchange rates: correcting the errors. 20p.
622 McLaren, John. Speculation on primary commodities: the
effects of restricted entry. 38p.
624 McLaren, John. Speculative equilibria of "managed" primary
commodity markets. 40p.
623 McLaren, John. Why did big coffee seek regulation?: a
theory of dynamic monopsony pricing without a commitment.
43p.
COLUMBIA UNIVERSITY. Grad. School of Business-First Boston Series.
9201 Fulghieri, P. & Nagarajan, S. Financial contracts as
lasting commitments: the case of a leveraged oligopoly.
33p.
9203 Gali, Jordi. Monopolistic competition, business cycles and
the composition of aggregate demand. 25p.
9206 Gali, Jordi. Variability of durable and nondurable
consumption: evidence for six OECD countries. 25p.
9202 Leff, Nathanial H. Economic development in Brazil,
1822-1913. 34p.
9205 Nagarajan, S. & Ramakrishnan, Ram T.S. Efficient trading
system design: market makers, membership fees, and exchange
ownership structure. 17p.
9204 Paxson, Christina H. & Sicherman, Nachum. The dynamics of
job mobility and dual-job holding. 35p.
9211 Altshuler, Rosanne & Fulghieri, Paolo. Dynamic effects of
foreign tax credits on multinational corporations. 26p.
9208 Beim, David O. Estimating bond liquidity. 28p.
PAGE 14
9215 Chordia, Tarun & Subrahmanyam, Avanidhar. Decimal stock
trading and "off-floor" market making. 16p.
9209 Danthine, Jean-Pierre, Donaldson, John B. & Mahra, Rajnish.
The equity premium and the allocation of income risk. 37p.
9210 Fulghieri, P. & Nagarajan, S. On the strategic role of high
leverage in entry deterrence. 23p.
9207 Gali, Jordi. Local externalities, convex adjustment costs
and sunspot equilibria. 17p.
9212 Ravid, S.A. & Spiegel, Matthew. On toeholds and bidding
contests. 21p.
9214 Ravid, S. Abraham & Spiegel, Matthew. Optimal contracting
and the design of securities. 18p.
9213 Ravid, S.A. & Spiegel, Matthew. Renegotiation proof
equilibria and irrelevance propositions. 23p.
9224 Chemmanur, Thomas J. & Fulghieri, Paolo. Reputation,
renegotiation, and the choice between bank loans and
publicly traded debt. 31p.
9222 Gali, Jordi. Keeping up with the Joneses: consumption
externalities, portfolio choice, and asset prices. 12p.
9226 Gali, Jordi & Hammour, Mohamad L. Long run effects of
business cycles. 41p.
9223 Goetzmann, William N. & Broadie, Mark. Safety first
portfolio insurance. 8p.
9225 Goetzmann, William N., Greenwald, Bruce & Huberman, Gur.
Market response to mutual fund performance. 20p.
9220 Goetzmann, William N. & Spiegel, Matthew. Non-temporal
components of residential real estate appreciation. 37p.
9216 Huberman, Gur & Kandel, Shmuel. On the incentives for money
managers: a signalling approach. 26p.
9217 Huberman, Gur & Peles, Nadav. Returns volatilities drop
following large dividend payments. 36p.
9218 O'Rourke, Kevin & Polak, Ben. Property transactions in
Ireland, 1708-1988: an introduction. 30p.
9219 O'Rourke, Kevin & Williamson, Jeffrey G. Were Heckscher and
Ohlin right?: putting history back into the factor price
equalization theorem. 64p.
9221 Rappoport, Peter & Sicherman, Nachum. Maternal age as an
indication for amniocentesis: an evaluation of the "35-plus"
rule. 21p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9201 Fisher, Eric O'N. Growth, trade, and international monetary
policies. 26p.
9202 Smith, Bruce D. & Stutzer, Michael J. Mutual financial
intermediation: theory and evidence. 19p.
9204 Highfield, Richard A., O'Hara, Maureen & Smith, Bruce D. Do
open market operations matter?: theory and evidence from the
second bank of the United States. 55p.
9203 An, Mark Y. Econometric analysis of sequential discrete
choice models. 12p.
9206 An, Mark Y. & Kiefer, Nicholas M. Industry dynamics in the
presence of local externalities. 25p.
9205 Bencivenga, Valerie R., Smith, Bruce D. & Starr, Ross M.
Liquidity of secondary capital markets: allocative
efficiency and the maturity composition of the capital
stock. 38p.
PAGE 15
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1012 Shiller, Robert J., Kon-Ya, Fumiko & Tsutsui, Yoshiro.
Expanding the scope of expectations data collection: the
U.S. and Japanese stock markets. 51p.
1014 Shubik, Martin & Yao, Shuntian. Transactions loans,
intertemporal loans, variable velocity, the rates of
interest and commodity money, pt 1: transa. 24p.
1011 Sims, Christopher A. Interpreting the macroeconomic time
series facts: the effects of monetary policy. 29p.
1013 Tobin, James. Money (for New Palgrave Money and Finance).
33p.
1016 Andrews, Donald W.K, Lee, Inpyo & Ploberger, Werner.
Optimal changepoint tests for normal linear regression.
31p.
1015 Andrews, Donald W.K. & Ploberger, Werner. Optimal tests
when a nuisance parameter is present only under the
alternative. 62p.
1006 Case, Karl E., Shiller, Robert J. & Weiss, Allan N.
Index-based futures and options markets in real estate.
24p.
1004 Fair, Ray C. The Cowles Comission approach, real business
cycle theories, and new Keynesian economics. 22p.
1005 Fair, Ray C. Estimates of the bias of lagged dependent
variable coefficient estimates in macroeconomic equations.
19p.
1010 Mendelsohn, Robert, Nordhaus, William D. & Shaw, Daigee.
The impact of climate on agriculture: a Ricardian approach.
49p.
1009 Nordhaus, William D. The DICE model: background and
structure of a Dynamic Integrated Climate Economy model of
the economics of global w. 140p.
1017 Phillips, Peter C.B. & Ploberger, Werner. Posterior odds
testing for a unit root with data-based model selection.
35p.
1020 Andrews, Donald W.K. An introduction to econometric
applications of functional limit theory for dependent random
variables. 40p.
1018 Hajivassiliou, Vassilis A. & Ioannides, Yannis M. A note on
the dual approach to the existence and characterization of
optimal consumption decisions under uncertaint. 23p.
1019 Nordhaus, William D. Rolling the "DICE": an optimal
transition path for controlling greenhouse gases. 33p.
1021 Hajivassiliou, Vassilis, McFadden, Daniel & Ruud, Paul.
Simulation of multivariate normal orthant probabilities:
theoretical and computational results. 48p.
1026 Andrews, Donald W.K. & Chen, Hong-Yuan. Approximately
median-unbiased estimation of autoregressive models with
application to U.S. macroeconomic and financ. 46p.
1027 Ghysels, Eric. Christmas, spring, and the dawning of
economic recovery. 24p.
1028 Ghysels, Eric. On the periodic structure of the business
cycle. 24p.
PAGE 16
1022 Grandmont, Jean-Michel. Expectations driven nonlinear
business cycles. 39p.
1008 Maheshwaran, S. & Sims, C.A. Empirical implications of
arbitrage-free asset markets. 32p.
1025 Phillips, Peter C.B. Bayes methods for trending multiple
time series with an empirical application to the U.S.
economy. 68p.
1024 Phillips, Peter C.B. Bayes models and forecasts of
Australian macroeconomic time series. 31p.
1023 Phillips, Peter C.B. Bayesian model selection and
prediction with empirical applications. 31p.
1032 Barany, Imre, Howe, Roger & Scarf, Herbert E. The complex
of maximal lattice free simplices. 15p.
1031 Dubey, Pradeep, Geanakoplos, John & Shubik, Martin. Is gold
an efficient store of value?. 20p.
1029 Scarf, Herbert E. Tjalling Charles Koopmans: August 28,
1910 - February 26, 1985. 29p.
1030 Tobin, James. Poverty in relation to macroeconomic trends,
cycles, and policies. 33p.
DUKE UNIVERSITY. Department of Economics.
9201 Cook, Phillip J. & Moore, Michael J. Taxation of alcoholic
beverages. 23p.
ERASMUS UNIVERSITY. Institute for Economic Research.
9201 Cnossen, Sijbren & Vollebergh, Herman. Towards a global
excise on carbon. 24p.
9204 Ruland, L.J. & Viaene, J.M. The political choice of the
optimal exchange rate regime. 19p.
9205 van Marrewijk, Charles. Exogenous growth theory. 56p.
9206 Belderbos, Rene A. Tariff jumping direct foreign
investments and welfare under Cournot duopoly. 17p.
9209 Broer, D.P. Investment behavior in a clay-clay production
model: a "q" theoretic approach. 42p.
9207 Jansen, W.J. Estimating and testing the CAPM when investors
learn to forecast. 36p.
9208 Wubben, Emiel F.M. The introduction of uncertainty into
Keynesianism: imagination, expectation and decision-making.
49p.
9210 Kofman, Paul & Viaene, Jean-Marie. A two-country rational
expectations model of joint exchange rate and commodity
price determination. 37p.
9211 Janssen, Maarten C.W. Undominated strategies in a
multimarket Bertrand game: a foundation for Walrasian
equilibrium. 18p.
9212 Broer, D.P. & Westerhout, E.W.M.T. Taxation in an
intertemporal general equilibrium model of a small open
economy. 42p.
9215 Wubben, Emiel F.M. Philiosopher or economist?:
interpretations of Keynes on probability and uncertainty.
15p.
9214 Wubben, Emiel F.M. The 1930's, the London School of
Economics, and Keynesianism. 19p.
PAGE 17
UNIVERSITY OF ESSEX. Department of Economics.
401 Garratt, Rod & Goenka, Aditya. Income redistribution
without catastrophes. 25p.
403 Hatton, T.J., Boyer, G.R. & Bailey, R.E. The union wage
effect: international evidence from the late 19th century.
31p.
405 Coles, Melvyn G. Equilibrium investment and unemployment
cycles. 28p.
406 Fortin, P., Kell, M. & Symons, J. Unemployment generosity
and unemployment. 32p.
404 Richmond, J. Value-added and separability. 32p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
73 Canova, Fabio & Marrinan, Jane. Profits, risk and
uncertainty in foreign exchange markets. 30p.
72 Marrinan, Jane. The effects of government spending on
saving and investment in an open economy. 34p.
71 Pelloni, Alessandra. Long-run consequences of finite
exchange rate bubbles. 38p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
92-1 Madrigal, Vicente & Smith, Stephen D. Risk neutral
valuation, asymmetric information, and the efficient markets
hypothesis. 37p.
92-2 Srinivasan, Aruna & Wall, Larry D. Cost savings associated
with bank mergers. 38p.
92-4 Benston, George J., Hunter, William C. & Wall, Larry D.
Motivations for bank mergers and acquisitions: enhancing the
deposit insurance put option versus increasing operati.
17p.
92-3 Wall, Larry D. & Peterson, Pamela P. The choice of capital
instruments by banking organizations. 28p.
92-6 Brown, Bryan W. & Walker, Mary Beth. Stochastic
specification in random production models of cost minimizing
firms. 44p.
92-7 Hunter, William C. Optimal venture capital solicitation
under a horizon constraint. 23p.
92-5 Kumar, Vikram. Real effects of exchange risk on
international trade. 28p.
92-8 Ackert, Lucy F. & Hunter, William C. Rational expectations
and security analysts' earnings forecasts. 15p.
92-9 Kumar, Vikram & Smith, Stephen D. A note on forward biases
and equilibrium foreign exchange hedging in a production
economy. 13p.
9210 Tallman, Ellis W. & Wang, Ping. Money demand and relative
prices in hyperinflations: evidence from Germany and China.
33p.
9212 Hasan, Iftekhar & Smith, Stephen D. A note on competition,
fixed costs, and the profitability of depository
intermediaries. 12p.
PAGE 18
9211 Madrigal, Vicente & Smith, Stephen D. Form invariance in
biased sampling problems. 12p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9201 Wynne, MArk A. & Balke, Nathan S. Are deep recessions
followed by strong recoveries?. 12p.
9202 Duca, John V. The case of the "missing M2". 37p.
9203 Gould, David M. Immigrant links to the home country:
implications for trade, welfare and factor rewards. 20p.
9204 Wynne, Mark A. Does aggregate output have a unit root?.
8p.
9209 Balke, Nathan S. & Fomby, Thomas B. Threshold
cointegration. 38p.
9207 Duca, John V. & Garrett, Bonnie. The effects of credit
availability, nonbank competition, and tax reform on bank
consumer lending. 27p.
9208 Gruben, William C. On the future erosion of the North
American Free Trade Agreement. 23p.
9205 Emery, Kenneth M. Inflation and its variability: a note?.
10p.
9210 Feliz, Raul A. & Welch, John H. Cointegration and tests of
a classical model of inflation in Argentina, Bolivia Brazil,
Mexico and Peru. 51p.
9206 Grosskopf, Shawna, Hayes, Kathy & Taylor, Lori. Budget
constrained frontier measures of fiscal equality and
efficiency in schooling. 23p.
9211 Koenig, Evan F. Nominal feedback rules for monetary policy:
some comments. 11p.
9212 Wynne, Mark. The analysis of fiscal policy in neoclassical
models. 34p.
9214 Emery, Kenneth M. & Koenig, Evan F. Forecasting turning
points: is a two-state characterization of the business
cycle appropriate?. 10p.
9213 Taylor, Lori. Measuring the value of school quality. 13p.
9215 Yucel, Mine K. & Dahl, Carol. Energy security: a comparison
of protectionist policies. 18p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
1/92 Moore, Robert R. Brokered deposits and thrift institutions.
22p.
2/92 Hooks, Linda M. A test of the stability of early warning
models of bank failures. 25p.
4/92 Gunther, Jeffery W. A friction model of discount rate
changes. 24p.
3/92 Moore, Robert R. The role of bank capital in bank loan
growth: market and accounting measures. 19p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9204 Golub, John E. Allais theory suggests a solution and an
explanation for the equity premium puzzle. 39p.
9201 Ha, Jiming & Sibert, Anne. Strategic capital taxation in
large, open economies with mobile capital. 33p.
PAGE 19
9203 Kretzmer, Peter E. How important are monetary and fiscal
policy in explaining postwar aggregate U.S. data?: a vector
autoregression ap. 23p.
9202 Sibert, Anne. Can unconventional preferences explain risk
premia in the foreign exchange markets?. 34p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
150 Christiano, Lawrence J. & Eichenbaum, Martin. Liquidity
effects and the monetary transmission mechanism. 13p.
149 Diaz-Gimenez, Javier & Prescott, Edward C. Liquidity
constraints in economies with aggregate fluctuations. 27p.
152 Backus, David K., Kehoe, Patrick J. & Kehoe, Timothy J. In
search of scale effects in trade and growth. 36p.
153 Diaz-Gimenez, Javier, et al. Banking in computable general
equilibrium economies. 41p.
151 Greenwood, Jeremy & Huffman, Gregory W. On the existence
and uniqueness of nonoptimal equilibria in dynamic
stochastic economies. 17p.
154 Miller, Preston J. & Todd, Richard M. Real effects of
monetary policy in a world economy. 56p.
155 Alvarez, Fernando & Fitzgerald, Terry. Banking in
computable general equilibrium economies: technical
appendices I and II. 37p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
58 Pakes, Ariel & McGuire, Paul. COmputing Markov perfect Nash
equilibria: numerical implications of a dynamic
differentiated product model. 49p.
57 Schlagenhauf, Don E. & Wrase, Jeffrey M. Liquidity and real
activity in a simple open economy model. 52p.
59 Baxter, Marianne & Crucini, Mario J. Business cycles and
the asset structure of foreign trade. 51p.
60 Danthine, Jean-Pierre, Donaldson, John B. & Mehra, Rajnish.
The equity premium and the allocation of income risk. 35p.
61 Obstfeld, Maurice. Risk-taking, global diversification, and
growth. 39p.
65 Backus, David, Kehoe, Patrick & Kydland, Finn. Dynamics of
the trade balance and the terms of trade: the J-curve
revisited. 37p.
66 Coleman, Wilbur J. Solving nonlinear dynamic models on
parallel computers. 34p.
64 Geweke, John. Priors for macroeconomic time series and
their application. 52p.
63 Hassler, John, et al. The Swedish business cycle: stylized
facts over 130 years. 110p.
62 Persson, Torsten. Politics and economic policy. 20p.
68 Schlagenhauf, Don E. & Wrase, Jeffrey M. Liquidity and real
activity in three monetary models. 48p.
67 Schlagenhauf, Don E. & Wrase, Jeffrey M. A monetary,
open-economy model with capital mobility. 49p.
69 Beaudry, Paul & van Wincoop, Eric. Alternative
specifications for consumption and the estimation of the
intertemporal elasticity of substitution. 24p.
PAGE 20
70 Christiano, Lawrence J. & Eichenbaum, Martin. Liquidity
effects, monetary policy, and the business cycle. 49p.
71 Gomme, Paul & Greenwood, Jeremy. On the cyclical allocation
of risk. 30p.
72 Persson, Torsten & Tabellini, Guido. Federal fiscal
constitutions, part 1: risk sharing and moral hazard. 38p.
74 Marcet, Albert & Marimon, Ramon. Communication, commitment,
and growth. 47p.
73 Marimon, Ramon, Spear, Stephen E. & Sunder, Shyam.
Expectationally-driven market volatility: an experimental
study. 47p.
75 Quah, Danny. Empirical cross-section dynamics in economic
growth. 13p.
76 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per.
Macroeconomic implications of investment specific
technological change. 45p.
FEDERAL RESERVE BANK OF PHILDELPHIA. Research Department.
92-1 Nakamura, Leonard I. Commercial bank information:
implications for the structure of banking. 43p.
92-2 Ahmed, Shaghil & Croushore, Dean. The marginal cost of
funds with nonseparable public spending. 38p.
9203 Calem, Paul S. The Delaware Valley mortgage plan: an
analysis using HMDA data. 31p.
92-5 Calem, Paul S. The location and quality effects of mergers.
29p.
92-4 Mester, Loretta J. Further evidence concerning expense
preference and the Fed. 30p.
92-6 Croushore, Dean. Ricardian equivalence under income
uncertainty. 19p.
92-9 Berlin, Mitchell & Mester, Loretta J. Debt covenants and
renegotiation. 51p.
92-7 McAndrews, James J. Results of a survey of ATM network
pricing. 24p.
92-8 Mester, Loretta J. Perpetual signalling with imperfectly
correlated costs. 35p.
9212 Calem, Paul S. Reputation acquisition and persistence of
moral hazard in credit markets. 28p.
9210 Gyourko, Joseph & Voith, Richard. Leasing as a lottery:
implications for rational building surges and increasing
vacancies. 28p.
9211 Shaffer, Sherrill. A revenues-restricted cost study of 100
large banks. 26p.
9214 Mester, Loretta J. Efficiency in the savings and loan
industry. 40p.
9213 Shaffer, Sherrill. Structure, conduct, performance, and
welfare. 24p.
9215 Croushore, Dean & Ahmed, Shaghil. The importance of the tax
system in determining the marginal cost of public funds.
17p.
9219 Crone, Theodore M., Delaney, Sherry & Mills, Leonard O.
Vector-autoregressive forecast models for the third district
states. 20p.
PAGE 21
9218 Nakamura, Leonard I. & Parigi, Bruno M. Bank branching.
29p.
9216 Sill, Keith. An empirical investigation of money demand in
the cash-in-advance model framework. 44p.
9217 Shaffer, Sherrill. Optimal linear taxation of polluting
firms. 24p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
185 Crabbe, Leland & Post, Mitchell A. The effect of a rating
change on commercial paper outstandings. 31p.
187 Goodman, John L. & Passmore, S. Wayne. Market power and the
pricing of mortgage securitization. 31p.
186 McAllister, Patrick H. Floating ceilings on deposit
interest rates. 24p.
184 Warshawsky, Mark, Mittlestaedt, H. Fred & Cristea, Carrie.
Estimates of the effect of FAS 106 on corporate earnings.
22p.
188 Berger, Allen N. `Distribution free' estimates of
efficiency of the U.S. banking industry and tests of the
standard distributional a. 40p.
189 Cordell, Lawrence R. & King, Kathleen K. A market
evaluation of the risk-based capital standards for the U.S.
financial system. 51p.
190 Reinhart, Vincent. Theory and evidence on reform of the
Treasury's auction procedures. 38p.
191 Duffee, Gregory R. Reexamining the relationship between
stock returns and stock return volatility. 40p.
192 Duffee, Gregory R. Trading volume and return reversals.
36p.
195 Orphanides, Athanasios. Labor hoarding when unemployment is
a worker discipline device. 10p.
194 Orphanides, Athanasios. The timing of stabilizations. 35p.
193 Rudebusch, Glenn D. The uncertainty unit root in real GNP.
18p.
199 Crabbe, Leland & Post, Mitchell A. The effects of SEC
amendments to Rule 2A-7 on the commercial paper market.
28p.
196 Kupiec, Paul H. Dividend-price ratios and expected
inflation: is there more to the story than the proxy
effect?. 38p.
197 Neumark, David & Sharpe, Steven A. Hostile takeovers and
expropriation of extramarginal wages: a test. 51p.
198 Swamy, P.A.V.B., Mehta, J.S. & Singamsetti, Rao N.
Circumstances in which different criteria of estimation can
be applied to estimate policy effects. 46p.
202 Acharya, Sankarshan. Value of latent information:
alternative event study methods. 27p.
203 Berger, Allen N. & Humphrey, David B. Megamergers in
banking and the use of cost efficiency as an antitrust
defense. 57p.
200 Crabbe, Leland & Turner, Christopher M. Yields and tax
rates on corporate, municipal and industrial revenue bonds:
testing market integration and the Mille. 29p.
PAGE 22
201 McAllister, Patrick H. & McManus, Douglas M.
Diversification and risk in banking: evidence from ex post
returns. 38p.
205 Bomfin, Antulio N. & Diebold, Francis X. Near-rationality
and strategic complementarity in a macroeconomic model:
policy effects, persistence & multipliers. 27p.
204 Jones, David S. & King, Kathleen K. An analysis of the
implementation of prompt corrective action. 38p.
207 Helwege, Jean. Determinants of savings and loan failure
rates: estimates of a time-varying proportional hazard
function. 31p.
208 Antoniewicz, Rochelle L. A causal relationship between
stock returns and volume. 48p.
206 French, Mark W. Effects on risk on the demand for oil
inventories. 17p.
210 Amel, Dean F. & Liang, J. Nellie. A dynamic model of entry
and performance in the U.S. banking industry. 32p.
211 Berger, Allen N., Hancock, Diana & Humphrey, David B. Bank
efficiency derived from a profit function. 55p.
209 Feinman, Joshua N. & Porter, Richard D. The continuous
weakness in M2. 41p.
212 Kupiec, Paul. On the ramifications of a securities
transaction tax for the function and efficiency of capital
markets. 27p.
213 Passmore, Wayne. The influence of risk-adjusted capital
regulations on asset allocation by savings and loans. 19p.
FEDERAL RESERVE BOARD. International Finance Papers.
421 Adams, Gwyn, Alexander, Lewis & Gagnon, Joseph. German
unification and the European Monetary System: a quantitative
analysis. 40p.
420 Bayoumi, Tamim & Gagnon, Joseph. Taxation and inflation: a
new explanation for current account imbalances. 41p.
424 Craig, R. Sean & Mann, Catherine L. Fiscal implications of
the transition from planned to market economy. 33p.
425 Edison, Hali J. & Melick, William R. Purchasing power
parity and uncovered interest rate parity: the United States
1974-1990. 24p.
422 Marquez, Jaime. The autonomy of trade elasticities: choice
and consequences. 36p.
423 Warner, Andrew M. Does world investment demand determine
U.S. exports?. 35p.
426 Emery, Robert F. Central bank's use in East Asia of money
market instruments in the conduct of monetary policy. 31p.
428 Gagnon, Joseph E. & Tryon, Ralph W. Stochastic behavior of
the world economy under alternative policy regimes. 38p.
429 Faust, Jon. Whom can we trust to run the Fed?: theoretical
support for the founders' views. 36p.
430 Stekler, Lois E. & Truman, Edwin M. The adequacy of the
data on U.S. international financial transactions: a Federal
Reserve perspective. 24p.
431 Kremers, Jeroen J., Ericsson, Neil R. & Dolado, Juan J. The
power of cointegration tests. 29p.
PAGE 23
432 Coleman, Wilbur J., Gilles, Christian & Labadie, Pamela.
The liquidity premium in average interest rates. 20p.
427 Marquez, Jaime. Real exchange rates: measurement and
implications for predicting U.S. external imbalances. 17p.
433 Warner, Andrew M. Import demand and supply with relatively
few theoretical or empirical puzzles. 46p.
435 Lindner, Deborah J. Foreign exchange policy, monetary
policy, and capital market liberalization in Korea. 22p.
434 Lindner, Deborah J. The political economy of the Won:
U.S.-Korean bilateral negotiations on exchange rates. 26p.
436 Blomberg, Stephen B. Growth, political instability, and the
defense burden. 54p.
438 Almekinders, Geert J. & Eijffinger, S.C.W. Daily Bundesbank
and Federal Reserve intervention and the conditional
variance tale in DM/$ returns. 21p.
437 Melick, William R. & Thomas, Charles P. War and peace:
recovering the market's probability distribution of crude
oil futures prices during the Gulf Crisis. 45p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
193 Kleit, Andrew N. Efficiencies without economists: the early
years of resale price maintenance. 31p.
196 Morris, John R. & Langenfeld, James A. Advertising
restrictions as rent increasing costs. 27p.
194 Reitzes, James D. & Grawe, Oliver R. Market-share quotas.
34p.
195 Kleit, Andrew N. Beyond the rhetoric: an inquiry into the
goal of the Sherman Act. 24p.
198 Reiffen, David. Auctions under increasing costs:
coordination problems and the existence of an asymmetric
equilibrium. 38p.
197 Rogers, Robert P. The minimum optimal steel plant and the
survivor technique of cost estimation. 10p.
UNIVERSITY OF FLORIDA. Department of Economics.
9218 Blair, Benjamin F. & Lewis, Tracy R. Optimal retail
contracts under asymmetric information and moral hazard.
35p.
9219 Hamilton, Jonathan & Romano, Richard. Equilibrium
assignment of players in team matches: game theory for
tennis coaches. 31p.
9221 Hamilton, Jonathan & Slutsky, Steven. The separation and
timing of allocation and distribution in second-best
economies. 31p.
9220 Hamilton, Jonathan H., et al. Quantity competition in a
spatial model. 41p.
9222 Romano, Richard E. Double moral hazard and resale price
maintenance. 34p.
HARVARD UNIVERSITY. Institute of Economic Research.
1582 Banerjee, Abhijit V. & Cooper, David J. Do quantity setting
oligopolists play the Cournot equilibrium?. 54p.
PAGE 24
1583 Kornai, Janos. The postsocialist transition and the state:
reflections in the light of Hungarian fiscal problems. 46p.
1588 De Long, J. Bradford. Machinery investment as a key to
American growth. 40p.
1587 Freeman, Richard B. On the economic analysis of labor
market institutions and institutional change. 20p.
1584 Katz, Lawrence F. & Krueger, Alan B. The effect of the
minimum wage on the fast food industry. 26p.
1586 Klette, Tor J. & Griliches, Zvi. The inconsitency of common
scale estimators when output prices are unobserved and
endogenous. 46p.
1585 Marglin, Stephen A. Economics as a system of knowledge.
28p.
1595 Caplin, Andrew & Leahy, John. Aggregation and optimization
with state-dependent pricing. 31p.
1594 Caplin, Andrew & Leahy, John. Business as usual, market
crashes, and wisdom after the fact. 23p.
1596 Caplin, Andrew & Leahy, John. Statistical properties of
regulated Brownian motion. 15p.
1591 Collins, Susan M. The expected timing of EMS realignments:
1979-83. 28p.
1592 Collins, Susan M. & Giavazzi, Francesco. Attitudes towards
inflation and the viability of fixed exchange rates:
evidence from the EMS. 38p.
1590 Jorgenson, Dale W. & Wilcoxen, Peter J. Reducing U.S.
carbon emissions: an assessment of different instruments.
50p.
1589 Jorgenson, Dale W., Slesnick, Daniel & Wilcoxen, Peter J.
Carbon taxes and economic welfare. 48p.
1593 O'Rourke, Kevin & Williamson, Jeffrey G. Were Heckscher and
Ohlin right?: putting history back into the factor-price
equalization theorem. 64p.
1602 Ball, Laurence & Mankiw, N. Gregory. Asymmetric price
adjustment and economic fluctuations. 31p.
1599 Caves, R.E. & Marin, Dalia. Countertrade transactions:
theory and evidence. 26p.
1603 Cutler, David M. The incidence of adverse medical outcomes
under prospective payment. 47p.
1597 Helpman, Elhanan. Innovation, imitation, and intellectual
property rights. 51p.
1598 Houthakker, Hendrik S. Conic distributions of earnings and
income. 50p.
1601 Krepps, Matthew B. & Caves, Richard E. Bureaucrats and
Indians: principal-agent relations and efficient management
of tribal forest resources. 32p.
1600 More, Anand & Caves, Richard E. Intrafirm royalties in the
process of expansion of U.S. multinational enterprises.
31p.
1604 Spier, Kathryn E. Pretrial bargaining and fee-shifting
mechanisms: a theoretical foundation for Rule 68. 28p.
1611 Angrist, Joshua D. & Imbens, Guido W. Average causal
response with variable treatment intensity. 27p.
1609 Ball, Laurence & Mankiw, N. Gregory. Relative price changes
as aggregate supply shocks. 44p.
PAGE 25
1605 Hall, Brian J. & Thomson, James D.C. The lending view of
the monetary transmission mechanism. 39p.
1606 Hatton, Timothy J. & Williamson, Jeffrey G. International
migration and world development: a historical perspective.
77p.
1612 Imbens, Guido & Lancaster, Tony. Case-control studies with
contaminated controls. 20p.
1608 Kain, John F. The cumulative impacts of slavery, Jim Crow,
and housing market discrimination on black welfare. 47p.
1610 Weitzman, Martin L. Diversity functions. 36p.
1607 Weitzman, Martin L. & Xu, Chenggang. Vaguely defined
cooperatives and cooperative culture: a reconciliation of a
paradoxical phenomenon in transitional . 23p.
HEBREW UNIVERSITY. Department of Economics.
243 Angrist, J.D. & Imbens, G.W. Identification and estimation
of local average treatment effects. 26p.
244 Diamond, P. & Sheshinski, E. Economic aspects of optimal
disability benefits. 29p.
245 Vohra, Oscar. Epistemic conditions for equilibrium in
beliefs without independence. 14p.
246 Lach, Saul. Decomposition of variables and correlated
measurement errors. 18p.
247 Pelzman, Joseph. Domestic taxes as a substitute for
commercial policy: the case of Israel. 26p.
248 Barkai, Haim. Neoclassical economics on labour, employment
and wages: a Marshallian turn of the century view. 51p.
249 Brezis, Elise S. & Tsiddon, Daniel. Capital flows, economic
growth, and economic leadership: the leapfrogging effect.
29p.
250 Chiswick, Carmel U. The underclass: economic theory and
policy. 34p.
253 Keren, Michael & Levhari, David. Some capital market
failures in the labor managed economy. 15p.
252 Lach, Saul & Rob, Rafael. R & D, investment and industry
dynamics. 34p.
251 Zeira, Joseph. Informational cycles. 38p.
258 Angrist, Joshua D. The effect of veterans' benefits on
education and earnings. 31p.
257 Angrist, Joshua D. & Imbens, Guido W. Average causal
response with variable treatment intensity. 30p.
255 Barkai, Haim. The Gulf and U.S. (non) energy policy. 17p.
254 Beenstock, Michael. The reintegration of Eastern Europe
into the world economy. 69p.
259 Keren, Michael. On the (im)possibility of the socialist
market. 20p.
256 Zeira, Joseph. New entrants to the stock market, booms and
crashes. 35p.
260 Kleiman, Ephraim. The flow of labour services from the West
Bank and Gaza to Israel. 42p.
262 Kleiman, Ephraim. Goegraphy, culture and religion, and
Middle East trade patterns. 27p.
261 Kleiman, Ephraim. Some basic problems of the economic
relationship between Israel and the West Bank and Gaza.
31p.
PAGE 26
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
250 Pattanaik, Prasanta K. & Suzumura, Kotaro. Individual
rights and social evaluations: a conceptual framework. 23p.
247 Tsuru, Tsuyoshi. The spring offensive: the spillover effect
and the wage-setting institution in Japan. 27p.
251 Bakos, Gabor. The problem of international values
(especially in Hungarian and Japanese understanding). 43p.
255 Fukao, Kyoji & Otaki, Masayuki. Accumulation of human
capital and the business cycle. 33p.
257 Ito, Takatoshi. U.S. political pressure and economic
liberalization in East Asia. 61p.
253 Lin, Wen-Ling, Engle, Robert F. & Ito, Takatoshi. Do bulls
and bears move across borders: international transmission of
stock returns & volatility... 37p.
256 Teranishi, Juro. Import substitution policy in Japan's
economic development. 34p.
HOOVER INSTITUTION. Domestic Studies Program.
92-1 Bagwell, Kyle & Ramey, Garey. Coordination economies,
advertising and search behavior in retail markets. 45p.
92-2 Kolstad, Charles & Leitzel, Jim. Efficiency and the
non-enforcement of penalties. 23p.
92-3 Matsuyama, Kiminori. Agricultural productivity, comparative
advantage, and economic growth. 28p.
92-4 Matsuyama, Kiminori. Imperfect competition, foreign trade,
and the multipliers: Machlup-Metzler fifty years later.
21p.
92-5 Anderson, Annelise. The case for monetary compensation in
the transition from plan to market. 25p.
92-7 Judd, Kenneth L. Projection methods for solving aggregate
growth models. 48p.
92-8 Kuehlwein, Michael. Planned and unplanned transfers among
the affluent. 35p.
92-9 Lazear, Edward P. Compensation, productivity and the new
economics of personnel. 60p.
92-6 Matsuyama, Kiminori, Kiyotaki, Nobuhiro & Matsui, Akihiko.
Toward a theory of international currency. 50p.
9210 Rust, John. Do people behave according to Bellman's
principle of optimality?. 72p.
9212 Casella, Alessandra & Feinstein, Jonathan S. Public goods
in trade: on the formation of markets and political
jurisdiction. 47p.
9214 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
30p.
9216 Kuehlwein, Michael. Disaggregate evidence on the
substitutability between public and private spending. 31p.
9217 Lazear, Edward P. Some thoughts on savings. 48p.
9211 Matsuyama, Kiminori. Custom versus fashion: path-dependence
and limit cycles in a random matching game. 45p.
9213 Matsuyama, Kiminori. The market size, entrepreneurship, and
the big push. 23p.
PAGE 27
9215 Yamanaka, Ju-ichi. Institutional behavior of Japanese
commercial banks: an empirical perspective. 32p.
9221 Cramton, Peter C. & Tracy, Joseph S. The determinants of
U.S. labor disputes. 27p.
9219 Jacquillat, Bertrand. The dual method of corporate profits
distribution in France: an empirical and clinical study,
1983-91. 43p.
9218 Matsuyama, Kiminori. Making monopolistic competition more
useful. 41p.
9220 Walker, John R. The effect of public policies on recent
Swedish fertility behavior. 34p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
15 Hannesson, Rognvaldur. Optimum fishing capacity and
international transfer of excess allowable catches. 79p.
16 Isachsen, Arne J, Hamilton, Carl B. & Gylfason, Thorvaldur.
From plan to market: the challenges. 19p.
18 Einarsson, Tor. Ricardian equivalence under labour income
taxation and stochastic productivity shocks. 29p.
17 Solvason, Birgir T.R. Ordered anarchy: evolution of the
decentralized legal order in the Icelandic Commonwealth.
23p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9202 Aghion, P., Espinoza, M. Paz & Jullien, B. Dynamic duopoly
with learning through market experimentation. 43p.
9204 Bertail, P. Une application du bootstrap dans un modele
lineaire avec autocorrelation des residus. 33p.
9201 Bertail, P. Le bootstrap: une revue de la litterature.
60p.
9203 Bertail, P. Un test bootstrap dans un modele AR(1). 44p.
9205 Abowd, J.M. & Kramarz, F. A test of negotiation and
incentive compensation models using longitudinal French
enterprise data. 36p.
9206 Bruneau, C. & Nicolai, J.P. Probabilistic foundations of a
causal analysis in a stationary vectorial autoregressive
model. 15p.
9207 Gourieroux, C. & Monfort, A. Testing non nested hypotheses.
62p.
9208 Margolis, D.N. The microeconomic theory of union
negotiating: an introduction and an application to
government extension of collec. 34p.
9209 Visser, M. Analysis of labor market histories with panel
data. 30p.
9211 Barbe, P. Joint limiting behavior of spacings and order
statistics processes. 23p.
9213 Fleurbaey, Marc. The requisites of equal opportunity. 26p.
9212 Fleurbaey, Marc. Reward patterns of fair division. 41p.
9214 Gourieroux, Christian & Monfort, Alain. Testing,
encompassing and simulating dynamic econometric models.
43p.
9215 Gourieroux, Christian, Monfort, Alain & Renault, E.
Indirect inference. 46p.
PAGE 28
9210 Rabault, G. Une application du modele de Hamilton a
l'estimation des cycles economiques. 26p.
9217 Bayet, A. & Rosenwald, F. Relations verticales, integration
et barriers a l'entree. 21p.
9218 Demange, G. & Laroque, G. Optimality of incomplete markets.
25p.
9216 De Toldi, M., Gourieroux, C. & Monfort, A. On seasonal
effects in duration models. 35p.
9219 Melitz, J. & Vori, S. National insurance against unevenly
distributed shocks in a European monetary union. 26p.
UNIVERSITY OF IOWA. Department of Economics.
9205 Horowitz, Joel L. & Manski, Charles F. Identification and
robustness in the presence of errors in data. 31p.
9204 Horowitz, Joel L. & Savin, N.E. Non-invariance of the Wald
test: the bootstrap to the rescue. 15p.
9203 Kim, Yong-Gwan & Sobel, Joel. An evolutionary approach to
pre-play communication. 43p.
9206 Horowitz, Joel L. & Hardle, Wolfgang. Testing a parametric
model against a semiparametric alternative. 51p.
9207 Hughes, Gordon A. & Savin, N.E. Is the minimum chi-squared
estimator the winner in logit regression?. 29p.
9212 Blume, Andreas. Equilibrium refinements in sender-receiver
games. 12p.
9211 Blume, Andreas & DeJong, Douglas V. Settlement and
litigation with multiple dependents: the auditor and
manager. 39p.
9209 Ingram, Beth F., Kocherlakota, N.R. & Savin, N.E.
Explaining business cycles: a multiple shock approach. 18p.
9210 McManus, Douglas A., Nankervis, John C. & Savin, N.E.
Multiple optima and asymptotic approximations in the partial
adjustment model. 45p.
9208 Siebert, Calvin D. & Zaidi, Mahmood A. Measures of excess
demand and unemployment in Canada and the United States.
39p.
9213 Blume, Andreas. Equilibrium refinement in perturbed games
and in sender-receiver games. 25p.
9214 Kim, Yong-Gwan. Evolutionary stable strategies in the
repeated prisoner's dilemma. 50p.
9216 Wu, S.Y. & Qin, C.Z. A competitive equilibrium model of the
entrepreneur-centered economy. 56p.
9215 Wu, S.Y. & Qin, C.Z. A generalized model of the
entrepreneur-centered economy. 26p.
9217 Blume, Andreas, Kim, Yong-Gwan & Sobel, Joel. Evolutionary
stability in games of communication. 34p.
9219 Bental, Benjamin & Eden, Benjamin. Inventories in a
competitive environment. 41p.
9218 Eden, Benjamin & Jovanovic, Boyan. Asymmetric information
and the excess volatility of stock prices. 19p.
9222 Eden, Benjamin. How to subsidize education and achieve
voluntary integration: an analysis of voucher systems. 35p.
9221 Ercan, Hakan, Greene, Susan & O'Neill, Donal. Black-white
wage differentials: 1967-89: a reinterpretation. 44p.
PAGE 29
9220 O'Neill, Daniel. Education and income growth: a
cross-country study. 37p.
9225 Roy, Amlan. Multi-country comparisons of the
consumption-based CAPM: the cases of Germany, Japan and USA.
30p.
9224 Tamura, Robert. Regional economies and market integration.
22p.
9223 Tamura, Robert. Stochastic growth of quality and quantity.
30p.
IOWA STATE UNIVERSITY. Department of Economics.
28 Kalaba, Robert & Tesfatsion, Leigh. Multicriteria
estimation. 27p.
BANCA DE ITALIA. Research Department.
163 Angeloni, I., Cottarelli, C. & Levy, A. Cross-border
deposits and monetary aggregates in the transition to EMU.
53p.
162 Giucca, Paola & Levy, Aviram. Monetary aggregates and
monetary policy coordination on the way to economic and
monetary union: the role of cross-b. 64p.
160 Guiso, L., Jappelli, T. & Terlizzese, D. Earnings
uncertainty and precautionary saving. 49p.
164 Ando, A., Guiso, L. & Terlizzese, D. Young households'
saving and the life cycle of opportunities: evidence from
Japan and Italy. 37p.
165 Barca, F., Cannari, L. & Guiso, L. Bequests and saving for
retirement: what impels the accumulation of wealth?. 29p.
166 Deaton, Angus. The microeconomics and macroeconomics of the
permanent income hypothesis. 38p.
167 Guiso, L., Jappelli, T. & Terlizzese, D. Why is Italy's
saving rate so high?. 69p.
168 Smaghi, Lorenzo B. Waiting for EMU: living with monetary
policy asymmetries in the EMS. 41p.
170 FAini, R., Galli, C. & Giannini, C. Finance and
development: the case of Southern Italy. 87p.
171 Franco, D., et al. Generational accounting: the case of
Italy. 47p.
169 Marotta, Giuseppe & Pagliano, Patrizia. Income accounts by
institutional sector: 1970 to 1979 estimates. 43p.
169 Pagliano, Patrizia & Rossi, Nicola. The Italian saving
rate: 1951 to 1990 estimates. 43p.
178 Rossi, Nicola & Visco, Ignazio. Private saving and
government deficit in Italy (1951-1990). 72p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
274 Karni, Edi & Schmeidler, David. On the uniqueness of
subjective probabilities. 20p.
275 Khan, M. Ali. Professor Klein on "Financial options for
economic development". 8p.
279 Blough, Stephen R. Spurious regressions, with AR(1)
correction and unit root pretest. 34p.
PAGE 30
278 Detragiache, Enrica. Resolving financial distress: does
Chapter 11 help?. 33p.
280 Hong, Chew Soo & Karni, Edi. Choquet expected utility with
finate state space: commutativity and act independence.
14p.
281 Walters, Alan & Hanke, Steve H. Currency boards. 14p.
282 Karni, Edi & Levin, Dan. Social attributes and strategic
equilibrium: a restaurant pricing game. 26p.
283 Karni, Edi & Safra, Zvi. The impossibility of experimental
elicitation of subjective probabilities. 11p.
284 Bennett, Elaine & Houba, Harold. Odd man out: bargaining
among three players. 55p.
285 Detragiache, Enrica. Public and private debt,
renegotiation, and bankruptcy reform. 35p.
287 Harrington, Joseph E. Experimentation and learning in a
differentiated product duopoly. 42p.
288 Khan, M. Ali. On measuring the social opportunity cost of
labour in the presence of tariffs and an informal sector.
24p.
286 Khan, M. Ali. On the relevance of functional analysis to
economic theory. 20p.
293 Bossert, Walter & Weymark, John A. An alternative
characterization of Paretian generalized median social
welfare functions. 9p.
292 Chakrabarti, Subir K. Equilibria in discounted stochastic
games with weak continuous transition probabilities. 19p.
291 Chakrabarti, Subir K. Stochastic games of perfect
information with continuous payoff dependence. 16p.
294 Durlauf, Steven N. & Maccini, Louis J. Measuring noise in
inventory models. 29p.
290 Levine, David K. & Zame, William R. Debt constraints and
equilibrium in infinite horizon economies with incomplete
markets. 24p.
295 Maccini, Louis J. & Zabel, Edward. Serial correlation in
demand, backlogging and production volatility. 34p.
289 Senbongi, Shuichi. Optimal taxation of an oligopoly. 16p.
UNIVERSITY OF KANSAS. Department of Economics.
92-1 Frevert, Peter. Veblen and the causality principal of
Margenau. 17p.
LA TROBE UNIVERSITY. Department of Economics.
1/92 Rimmer, Sheila, Bell, David & Rimmer, Russell. Earnings
inequality in Great Britain 1975-90: the role of age. 32p.
2/92 Silvapulle, Param & Inder, Brett. Does the Fisher effect
apply in Australia?. 14p.
3/92 Silvapulle, Paramsothy. Testing for AR(p) against IMA(1,q)
disturbances in the linear regression model. 10p.
4/92 Silvapulle, Paramsothy. Unit root testing: AR(1) against
IMA(1,1) disturbances in the linear regression model. 25p.
16/92 Athukorala, P. & Rajapatirana, S. Liberalization of the
domestic financial market: theoretical issues with evidence
from Sri Lanka. 32p.
PAGE 31
17/92 Bardsley, Peter. The collapse of the Australian wool
reserve price scheme. 26p.
18/92 Bardsley, Peter. Financial engineering and the control of
public bodies. 8p.
7/92 Bardsley, Peter. Local utility functions. 16p.
6/92 Bardsley, Peter. Mean variance preferences and the heat
equation. 4p.
8/92 Bardsley, Peter. Optimal leverage for the utility
maximizing firm. 32p.
5/92 Bardsley, Peter & Daniel, Peter. A spatial equilibrium
model of the Australian dairy industry. 13p.
13/92 Bramble, Thomas. Union-management cooperation in the
Australian vehicle industry, 1981-1992 the road to
prosperity or a one-way stre. 35p.
11/92 King, J.E. & Howard, M.C. Value theory and Russian Marxism
before the Revolution. 50p.
12/92 Silvapulle, Paramsothy. Testing AR(1) against MA(1)
disturbances in the dynamic linear regression model. 39p.
15/92 Athukorala, Premanchandra. Terms of trade and manufactured
exports from developing countries. 21p.
20/92 Clarke, Harry R. Qantas versus the Industry Commission:
optimal tariffs or x-inefficiency?. 18p.
14/92 Clarke, Harry. The supply of nondegraded agricultural land.
41p.
23/92 Kates, Steven. The Malthusian origins of the General
Theory. 46p.
19/92 Magee, Gary B. Technological reversibility and the
disappearance of useful arts. 37p.
10/92 Olekains, Nilss & Sibly, Hugh. Default risk in implicit
contract models of the credit market. 9p.
24/92 Silvapulle, Param & Maddock, Rodney. Structural break and
unit root: Australian evidence. 27p.
9/92 Wickramanyake, J. Determinants of savings in developing
countries: a survey with new evidence from Sri Lanka. 28p.
22/92 Clarke, Harry R. The welfare costs of supply restrictions
in the general practice labour market. 31p.
21/92 Clarke, Harry R. & Ng, Yew-Kwang. Immigration and economic
welfare: resource and environmental aspects. 50p.
26/92 Olekalns, Nilss. Do share prices and interest rates provide
information about future real activity?: some evidence from
Australia. 52p.
25/92 Silvapulle, Param & Jayasuriya, Sisira. Testing for market
integration: a multiple cointegration approach. 16p.
WILFRID LAURIER UNIVERSITY. Department of Economics.
157 McCready, Douglas J. Canadian employment policies: their
impact on regional disparity. 21p.
161 McCready, Douglas J. The federal role in education: the
economic argument. 29p.
160 McCready, Douglas J. Forestry in Canada: hewers of wood?.
31p.
156 McCready, Douglas J. The history of tax harmonization in
Canada. 39p.
PAGE 32
155 McCready, Douglas J. International comparisons of tax
harmonization. 34p.
162 McCready, Douglas J. Tax harmonization issues in Canada,
1992. 46p.
159 McCready, Douglas J. Tax harmonization theory. 36p.
158 Perroni, Carlo. Homothetic representation of regular
non-homothetic preferences. 8p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9202 Paulsen, Thomas W. & von Ungern-Sternberg, Thomas. Price
dispersion and search costs with differentiated goods. 31p.
9204 Danthine, Jean-Pierre & Hunt, Jennifer. Wage bargaining
structure, employment and economic integration. 30p.
9203 Danthine, Jean-Pierre, Donaldson, John B. & Mehra, Rajnish.
The equity premium and the allocation of income risk. 37p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
132 Harvey, Andrew, Ruiz, Esther & Shephard, Neil. Multivariate
stochastic variance models. 46p.
135 Sentana, Enrique. Factor representing portfolios in large
asset markets. 57p.
130 Snell, Andy & Tonks, Ian. Trading volumes and stock market
prices. 35p.
131 Durlauf, Steven N. & Johnson, Paul A. Local versus global
convergence across national economies. 32p.
134 Sentana, Enrique, Shah, Mushtaq & Wadhwani, Sushil. Has the
EMS reduced the cost of capital?. 43p.
133 Webb, David. Project selection with screened and contingent
debt. 16p.
136 Breen, Richard & Connor, Gregory. Non-arbitrage and
recursive competitive equilibrium pricing. 23p.
137 Connor, Gregory & Korajczyk, Robert A. A test for the
number of factors in an approximate factor model. 38p.
140 Demos, Antonis & Sentana, Enrique. An EM-based algorithm
for conditionality heteroskedastic factor models. 40p.
138 Hansen, Eric. The role of asymmetric information in project
financing decisions. 55p.
139 Sentana, Enrique. Identification of multivariate
conditionally heteroskedastic factor models. 34p.
142 Curcio, Riccardo & Goodhart, C.A.E. When support/resistance
levels are broken, can profits be made?: evidence from the
foreign exchange market. 22p.
141 Evans, George W. & Ramey, Garey. Expectation calculation,
hyperinflation and currency collapse. 53p.
145 Kulatilaka, Nalin & Perotti, Enrico C. Strategic investment
timing under uncertainty. 26p.
144 Perotti, Enrico C. & Spier, Kathryn E. Capital structure as
a bargaining tool: the role of high leverage in contract
renegotiation. 31p.
143 Vassilicos, J.C., Demos, A. & Tata, F. No evidence of chaos
but some evidence of multifractals in the foreign exchange
and the stock market. 20p.
PAGE 33
148 Aghion, Philippe, Hart, Oliver & Moore, John. The economics
of bankruptcy reform. 44p.
147 Gale, Douglas. Informational capacity and financial
collapse. 57p.
146 Jeanne, Olivier. Monetary policy in England 1893-1914: a
structural VAR analysis. 41p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
236 Evans, George W. & Honkapohja, Seppo. Local convergence of
recursive learning to steady states and cycles in stochastic
nonlinear models. 25p.
237 Evans, George W. & Guernerie, Roger. Rationalizability,
strong rationality and expectational stability. 16p.
239 Dalmazzo, Alberto. Outside options in a bargaining model
with decay in the size of the cake. 11p.
240 Dixit, Avinash. Irreversible investment with uncertainty
and scale economies. 23p.
238 Guesnerie, Roger. An exploration of the eductive
justification of the rational expectations hypothesis. 46p.
248 Evans, George W. & Honkapohja, Seppo. Adaptive learning and
expectational stability: an introduction. 41p.
249 Evans, George W. & Honkapohja, Seppo. On the local
stability of sunspot equilibria under adaptive learning
rules. 38p.
246 Horsley, Anthony & Wrobel, Andrzej. Continuity of demand
and the direct approach to equilibrium existence in dual
Banach commodity spaces. 23p.
247 Horsley, Anthony & Wrobel, Andrzej. Localization of
closedness and continuity properties, with applications to
preferences & production sets. 13p.
250 Aghion, Philippe, Hart, Oliver & Moore, John. The economics
of bankruptcy reform. 56p.
252 Dixit, Avinash. The art of smooth pasting. 81p.
253 Roberts, Kevin. Valued opinions or opinionated values: the
double aggregation problem. 37p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
1/92 Alogoskoufis, George S., Lockwood, Ben & Philippopoulos, A.
Wage inflation, electoral uncertainty and the exchange rate
regime: theory and U.K. evidence. 40p.
3/92 Basevi, Giorgio, Delbono, Flavio & Mariotti, Marco.
Bargaining with a composite player: an application to the
Uruguay Round of GATT negotiations. 18p.
2/92 Booth, Alison L. Private sector training and graduate
earnings. 15p.
6/92 Lindbeck, Assar & Snower, Dennis J. Patterns on
unemployment: an insider-outsider analysis. 33p.
5/92 Lindbeck, Assar & Snower, Dennis J. Price inertia and
production lags. 28p.
4/92 Snower, Dennis J. Unemployment persistence and the
unemployment productivity relation. 9p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Papers in Financial Economics.
3/92 Timmermann, Allan. Characterizations of rational
expectations solutions to present value models with
feedback. 27p.
PAGE 34
2/92 Timmermann, Allan. How learning in financial markets
generates excess volatility & predictability in stock
prices. 40p.
1/92 Timmermann, Allan. A model of information aggregation with
a simultaneous determination of stock prices and dividends.
37p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9201 Blundell, Richard & Preston, Ian. The distinction between
income and consumption in measuring the distribution of
household welfare. 28p.
9202 Preston, Ian. Large sample estimation and inference for
poverty measures. 20p.
9203 Machin, Stephen, Stewart, Mark & van Reenan, John. The
economic effects of multiple unionism: evidence from the
1984 Workplace Industrial Relations Survey. 29p.
9204 Attanasio, Orazio P. & Weber, Guglielmo. On the aggregation
of Euler equations for consumption in simple OLG models.
19p.
9206 Bhaskar, V., Machin, Stephen & Reid, Gavin C. Price and
quantity adjustment over the business cycle: evidence from
survey data. 19p.
9213 Disney, Richard, Machin, Stephen & Gosling, Amanda. Union
recognition in the UK: a theoretical and empirical analysis.
36p.
9205 Machin, Stephen & Manning, Alan. Minimum wages, wage
dispersion and employment: evidence from the UK wage
councils. 30p.
9212 Szroeter, Jerzy. The asymptotic local structure of the Cox
modified likelihood-ratio statistic for testing non-nested
hypotheses. 32p.
9211 Szroeter, Jerzy. An empirically ope