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 operational analytic upper
bound on the true finite-sample size of a routine
one-degree-of-freedom t. 14p.
9210 Szroeter, Jerzy. Exact finite-sample relative efficiency of
sub-optimality weighted least squares estimators in models
with ordered . 22p.
9208 Vaughan, Richard N. Anticipated welfare loss in
monopolistic and related market structures. 28p.
9207 Vaughan, Richard N. Entry, adjustment costs, and Lucasian
industry equilibrium. 32p.
9209 Vaughan, Richard N. On the microfoundations of wealth
distribution functions. 39p.
9214 Bond, Stephen & Meghir, Costas. Dynamic investment models
and the firm's financial policy. 40p.
9215 Carlin, Wendy & Mayer, Colin. Restructuring enterprises in
Eastern Europe. 63p.
9216 Carlin, Wendy & Mayer, Colin. The Treuhandanstalt:
privatization by state and market. 21p.
9217 Binomre, Ken. A liberal Leviathan. 79p.
9218 Geroski, Paul A. & Machin, Steve. The dynamics of corporate
growth. 36p.
9219 Geroski, Paul A. & Machin, Steve. Innovation profitability
and growth over the business cycle. 30p.
PAGE 35
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9210 Barham, Vicky, et al. Education and the poverty trap. 29p.
9206 Dreze, Jacques H. Can varying social insurance
contributions improve labour market efficiency?. 43p.
9204 Govindan, Srihari. Stability and the chain store paradox.
16p.
9203 Hardle, Wolfgang. Applied nonparametric methods. 30p.
9209 Leung, Janny & Lee, Jon. More facets from fences for linear
ordering and acyclic subgraph polytopes. 23p.
9208 Mertens, Jean-Francois. Two examples on strategic
equilibrium. 10p.
9201 Michel, Philippe. Bubbles slowing down economic growth.
25p.
9202 Motta, Massimo. National R & D cooperation: special type of
strategic policy. 25p.
9205 Park, Byong U. & Turlach, Berwin A. Practical performance
of several data driven bandwidth selectors. 17p.
9207 Rolin, Jean-Marie. Some useful properties of the Dirichlet
process. 19p.
9221 Allen, Beth. Incentives in market games with asymmetric
information: the core. 23p.
9215 Barros, Fatima. Effects of imperfect competition on
contractual design in the presence of private information.
29p.
9220 Florens, Jean-Pierre & Mouchart, Michel. Bayesian testing
and testing Bayesians. 37p.
9212 Gollier, Christian & Schlesinger, Harris. Second-best
insurance contract design in an incomplete market. 22p.
9224 Hardle, Wolfgang & Park, Byeong U. Testing increasing
dispersion. 25p.
9216 Lee, Jon & Morris, Walter D. Geometric comparison of
combinatorial polytopes. 22p.
9219 Lee, Jon & Ryan, Jennifer. Local bipartite Turan graphs and
graph partitioning. 29p.
9225 Lee, Y.H., et al. On estimating integrated squared spectral
density derivatives. 23p.
9214 Mammen, Enno & Park, Byeong U. Behavior of kernel density
estimates and bandwidth selectors for contaminated data
sets. 26p.
9213 Park, Byeong U. & Simar, Leopold. Efficient semiparametric
estimation in a stochastic frontier model. 22p.
9211 Polemarchakis, Heraklis M. & Siconolfi, Paolo. The generic
existence of competitive equilibria with restricted
participation. 25p.
9217 Pfann, Gerard A. & Palm, Franz C. Asymmetric adjustment
costs in non-linear labour demand models for Netherlands and
U.K. manufacturing sectors. 32p.
9222 Rovesti, Cinzia. Delegation under asymmetric information.
25p.
9223 Zhao, Jingang. Horizontal mergers revisited: an application
of the hybrid equilibrium. 33p.
9236 Barros, Fatima. Incentive schemes as strategic variables:
an application to a mixed duopoly. 36p.
PAGE 36
9226 Boadway, Robin, Marchand, Maurice & Pestieau, Pierre.
Towards a theory of the direct-indirect tax mix. 19p.
9235 Cremer, Helmuth & Thisse, Jacques-F. Commodity taxation in
a differentiated oligopoly. 21p.
9227 Ginsburgh, V., Monzak, M. & Monzak, A. Red wines of Medoc:
what is wine tasting worth?. 33p.
9231 Hamilton, Jonathan H. & Thisse, Jacques-F. Competitive
spatial price discrimination with capacity constraints.
21p.
9229 Korostelev, A.P. & Tsybakov, A.B. Estimation of support of
a probability density and estimation of support functionals.
23p.
9230 Park, Byong U. A cross-validatory choice of smoothing
parameter in adaptive location estimation. 17p.
9218 Pochet, Y. & Wolsey, L.A. Integer knapsack and flow covers
with divisible coefficients polyhedra, optimization &
separation. 21p.
9233 Rodriguez-Poo, Juan M. Constrained nonparametric
regression. 41p.
9234 Trannoy, A., et al. The private provision of public goods
in the case of satiation points: the case of a quasi-linear
economy. 17p.
9232 Turlach, Berwin. On discretisation methods for average
derivative estimation. 38p.
9228 Weyers, Sonia. Three results on communication, information
and common knowledge. 34p.
9250 Aghezzaf, E.H., Magnanti, T.L. & Wolsey, L.A. Optimizing
constrained subtrees of trees. 23p.
9244 Alkan, A. Monotonicity and the fair assignment solution.
11p.
9241 Amaya, Jorge. Numerical experiments with the symmetric
affine scaling algorithm on degenerate linear programming
problems. 20p.
9246 Anderson, Simon P., Kats, Amoz & Thisse, Jacques F.
Probabilistic voting and platform selection in multi-party
elections. 26p.
9240 Barham, Vicky, Marchand, Maurice & Pestieau, Pierre.
Volunteer work and club size: Nash equilibrium and
optimality. 22p.
9238 Bauwens, L. & Rasquero, A. Approximate HDP regions for
testing residual autocorrelation using augmented
regressions. 23p.
9239 Dhillon, Amrita & Mertens, Jean-Francois. Perfect
correlated equilibria. 24p.
9245 Dutta, Jayasri. Efficiency wages and underemployment in the
long run. 35p.
9243 Fujita, Masahisa & Thisse, Jacques-F. Technological
linkages and efficient location of indivisible activities:
Koopmans-Beckmann & von Thunen unified. 35p.
9247 Gabszewicz, J.J. & Michel, P. Oligopoly equilibria in
exchange economies. 26p.
9237 Hardle, Wolfgang K. & Turlach, Berwin A. Nonparametric
approaches to generalized linear models. 16p.
9242 Kaitala, V., Maler, K.G. & Tulkens, H. The acid rain game
as a resource allocation process with an application to the
cooperation among Finland, Russia & . 19p.
PAGE 37
9249 Korostelev, A.P. & Tsybakov, A.B. Minimax linewise
algorithm for image reconstruction. 20p.
9248 Mongin, Philippe. Some connections between epistemic logic
and the theory of nonadditive probability. 33p.
UNIVERSITY OF MARYLAND. Department of Economics.
92-2 Evans, William N. & Kessides, Ioannis. Structure, conduct,
and performance in the deregulated airline industry. 31p.
92-5 Hiemstra, Craig & Kelejian, Harry. A small sample issue
relating to tests for normality. 13p.
92-3 Kelejian, Harry H. The logit model and panel data via
repeated observations: a clarification and extension of the
literature. 11p.
92-4 Kelejian, Harry H. & Robinson, Dennis P. Spatial patterns
in household demand: a note concerning asymmetry of the
model. 9p.
9201 Potscher, Benedikt M. & Srinivasan, Sylaja. A comparison of
order estimation procedures for ARMA models. 40p.
92-9 Anderson, Gary S. Symbolic algebra programming for
analyzing the long run dynamics of economic models. 27p.
92-8 Bertaut, Carol & Haliassos, Michael. Precautionary
portfolio behavior. 46p.
92-6 Betancourt, Roger R. An analysis of the U.S. distribution
system. 69p.
9210 Betancourt, Roger R. The distribution sector in a CPE:
Cuba. 25p.
9211 Betancourt, Roger R. & Gautschi, David A. An international
comparison of the determinants of retail margins. 26p.
92-7 Cooper, Russell & Haltiwanger, John. Autos and the National
Industrial Recovery Act: evidence on industry
complementarities. 41p.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Department of Economics.
598 Ashenfelter, Orley & Genesove, David. Testing for price
anomalies in real estate auctions. 10p.
601 Diamond, P. & Sheshinski, E. Economic aspects of optimal
disability benefits. 30p.
597 Smith, Lones. Folk theorems: two-dimensionality is (almost)
enough. 8p.
9211 Aghion, Philippe, Hart, Oliver & Moore, John. The economics
of bankruptcy reform. 55p.
92-9 Currie, Janet & Cole, Nancy. Welfare and child health: the
link between AFDC participation and birth weight. 47p.
9212 Ellison, Glenn & Fudenberg, Drew. Rules of thumb for social
learning. 53p.
92-8 Newey, Whitney K. & Stoker, Thomas M. Efficiency of
weighted average derivative estimators. 39p.
92-6 Noldeke, Georg & Schmidt, Klaus M. Unverifiable
information, incomplete contracts, and renegotiation. 16p.
92-7 Schmidt, Klaus M. Reputation and equilibrium
characterization in repeated games with conflicting
interests. 33p.
PAGE 38
9210 Schnitzer, Monika. Breach of trust in takeovers and the
optimal corporate charter. 27p.
9215 Abreu, Dilip, Dutta, Prajit K. & Smith, Lones. Folk
theorems for repeated games: a non-equivalent utilities
condition. 22p.
9216 Feenberg, Daniel R. & Poterba, James M. Income inequality
and the incomes of very high income taxpayers: evidence from
tax returns. 52p.
9213 Fudenberg, Drew & Kreps, David M. Learning mixed
equilibria. 63p.
9214 Poterba, James M., Venti, Steven F. & Wise, David A. 401(k)
plans and tax-deferred savings. 58p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9011 Rapacki, Ryszard & Linz, Susan J. Privatization in
transition economies: case study of Poland. 31p.
9102 Baillie, Richard T., Chung, Ching-Fan & Tieslau, Margie A.
The long memory and variability of inflation: a reappraisal
of the Friedman hypothesis. 29p.
9101 Rasche, Robert H. Monetary aggregates, monetary policy and
economic activity. 55p.
9100 Tieslau, Margie A., Schmidt, Peter & Baillie, Richard T. A
generalized method of moments estimator for long-memory
processes. 20p.
UNIVERSITY OF MICHIGAN. Ctr. for Research on Econ & Social Theory.
9211 Andreoni, James & Bergstrom, Ted. Do government subsidies
increase the private supply of public goods?. 13p.
9205 Bagnoli, Mark, Salant, Stephen W. & Swierzbinski, Joseph E.
Intertemporal self-selection with multiple buyers under
complete and incomplete information. 24p.
9210 Bergstrom, Ted & Schoeni, Robert. Income prospects and age
at marriage. 19p.
9204 Cave, Jonathan & Salant, Stephen. Cartel quotas under
majority rule. 22p.
9203 Gaudet, Gerard & Salant, Stephen. The limits of
monopolization through acquisition: further results. 6p.
9201 Lee, Lung-Fei. Asymptotic distribution of the maxmimum
likelihood estimator for a stochastic frontier function
model with a singul. 13p.
9208 Lee, Lung-Fei. Semiparametric minimum-distance estimation.
38p.
9207 Lee, Lung-Fei & Sepanski, Jungsywan H. Consistent
estimation of linear and nonlinear errors in variables
models with validation information. 28p.
9206 O'Brien, Daniel P. & Shaffer, Greg. Non-linear contracts,
foreclosure, and exclusive dealing. 21p.
9202 Salant, Stephen, Kalat, Karen & Wheatcroft, Ana. Surviving
winter: a fitness based explanation of hoarding and
hibernation. 27p.
9209 White, Michelle J. Corporate bankruptcy as a filtering
device. 19p.
PAGE 39
UNIVERSITY OF MINNESOTA. Center for Economic Research.
265 Kehoe, Timothy J. Assessing the economic impact of North
American free trade. 46p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
92-1 Kim, Sunwoong & Mohtadi, Hamid. Education, job signaling,
and dual labor markets in developing countries. 31p.
92-2 Mohtadi, Hamid. Labor specialization and endogenous growth.
12p.
92-3 Roe, Terry. Political economy of structural adjustment: a
general equilibrium - interest group perspective. 45p.
92-4 Mohtadi, Hamid & Roe, Terry. Endogenous growth, health and
the environment. 29p.
MONASH UNIVERSITY. Department of Econometrics.
6/92 Fry, T.R.L., et al. Economic motivations for limited
dependent and qualitative variable models. 24p.
5/92 Inder, Brett & Silvapulle, Param. Does the Fisher effect
apply in Australia?. 14p.
4/92 Matyas, Laszlo & Rahman, Shahidur. An alternative approach
to the estimation of distributed lag models in panel data.
12p.
1/92 Rahman, Shahidur & King, Maxwell L. Testing for ARMA (1,1)
disturbances in the linear regerssion model. 21p.
3/92 Shah, C. & King, M.L. Choice of time-series forecasting
method using discriminant scores. 18p.
2/92 Snyder, Ralph D. & Saligari, Grant R. Kalman filtering: the
initialization problem. 17p.
8/92 Brooks, Robert D., Faff, Robert W. & Lee, John H.H. The
form of time variation of systematic risk: some Australian
evidence. 30p.
7/92 Koehler, Anne, Ord, Keith & Snyder, Ralph D.
Rationalization of exponential smoothing in terms of a
statistical framework w/ multiplicative disturbances. 10p.
9/92 Lieberman, Offer. Saddle point approximation for the
distribution of a ratio of quadratic forms in normal
variables. 18p.
MONASH UNIVERSITY. Department of Economics.
2/92 Fausten, Dietrich K. Financial integration and net
international capital movements. 10p.
1/92 Freebairn, John. An overview of the coalition's tax
package. 9p.
3/92 Wills, Ian. Do our prime farmlands need saving?. 16p.
5/92 Wills, Ian. Implementing sustainable development: systems
and signalling problems. 16p.
4/92 Wills, Ian. Pollution taxes versus marketable permits: a
policy-maker's guide. 25p.
7/92 Shi, Heling & Yang, Xiaokai. A theory of industrialization.
41p.
PAGE 40
8/92 Yang, Xiaokai & Borland, Jeff. Specialization and money as
a medium of exchange. 38p.
6/92 Yang, Xiaokai & Borland, Jeff. Specialization, product
development, evolution of the institution of the firm, and
economic growth. 40p.
12/92 Snape, Richard H. Background and economics of GATT's
Article XXIV. 28p.
10/92 Snape, Richard H. Bilateral initiatives: should Australia
join?. 17p.
11/92 Snape, Richard H. Economic aspects of APEC. 10p.
9/92 Yang, Xiaokai. The pricing mechanism that coordinates the
division of labor. 32p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9202 Beaudry, Paul & Poitevin, Michel. The commitment value of
contracts under dynamic renegotiation. 31p.
9201 Dionne, Georges & Gagne, Robert. Measuring technical change
& productivity growth with varying output qualities and
incomplete panel data. 23p.
9206 Brenner, Reuven, Dagenais, Marcel G. & Montmarquette,
Claude. The declining saving rate: an overlooked
explanation. 32p.
9203 Dionne, Georges & Gollier, Christian. Simple increases in
risk and their comparative statics for portfolio management.
20p.
9204 Fortin, Nicole M. Allocation inflexibilities, female labor
supply and housing assets accumulation are women working to
pay the mortga. 42p.
9213 Hollander, Abraham. Restricting intra-industry quota
transfers in agriculture: who gains, who loses?. 8p.
9209 Martin, Fernand & Granzer, Sonia. Notes on methods of
assessing the value of the damages to forests caused by air
pollution. 19p.
9208 Mercenier, Jean. Completing the European internal market: a
general equilibrium evaluation under alternative market
structure assump. 36p.
9211 Sprumont, Yves. Continuous strategyproof mechanisms for
sharing private goods. 28p.
9225 Crampes, Claude & Hollander, Abraham. How many karats is
gold: welfare effects of easing a denomination standard.
19p.
9221 Desruelle, Dominique & Richelle, Yves. The investment
dynamics of a duopoly: the relative importance of a head
start. 32p.
9220 Desruelle, Dominque, Gaudet, Gerad & Richelle, Yves.
Complementarity, coordination and compatibility: an analysis
of the economics of systems. 50p.
9219 Dionne, Georges & Viala, Pascale. Optimal design of
financial contracts and moral hazard. 59p.
9223 Dufour, Jean-Marie, Ghysels, Eric & Hall, Alastair.
Generalized predictive tests and structural change analysis
in econometrics. 44p.
9224 Dufour, Jean-Marie & Hallin, Marc. Improved Eaton bounds
for linear combinations of bounded random variables, with
statistical applications. 23p.
PAGE 41
9215 Ghysels, Eric. Christmas, spring and the dawning of
economic recovery. 24p.
9214 Mandel, Benedikt, Gaudry, Marc & Rothengatter, Werner.
Linear or nonlinear utility functions in logit models?: the
impact of German high speed rail demand forecasts. 16p.
9222 Mercenier, Jean. Can `1992' reduce unemployment in Europe?:
on welfare & employment effects of Europe's move to a single
market. 35p.
9228 Arcand, Jean-Louis. Structural adjustment and the
organization of agricultural credit in Egypt. 27p.
9229 Arcand, Jean-Louis. Supply response and marketing board
policy: the case of Egyptian cotton. 36p.
9226 Bonomo, Marco & Garcia, Rene. Indexation, staggering and
disinflation. 30p.
9230 Cadot, Olivier & Desruelle, Dominique. R & D: who does the
R, who does the D?. 16p.
9216 Canova, Fabio & Ghysels, Eric. Changes in seasonal
patterns: are they cyclical?. 36p.
9227 Dudley, Leonard & Robert, Jacques. A non-cooperative model
of alliances and warfare. 24p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
13 Biswas, Tapan. Efficiency and consistency in group
decisions. 17p.
15 Burda, Michael & Funke, Michael. Trade unions, wages and
structural adjustment in the new German states. 31p.
16 Demougin, Dominique & Sinn, Hans-Werner. Privatization,
risk-taking and the Communist firm. 32p.
14 Konrad, Kai A. & Lommerud, Kjell E. Relative standing
comparisons, risk taking and safety regulations. 21p.
12 Nerlove, Marc, et al. Comprehensive income taxation,
investments in human and physical capital, and productivity.
12p.
17 Piggott, John & Whalley, John. Economic impacts of carbon
reduction schemes: some general equilibrium estimates from a
simple global model. 23p.
22 Doherty, Neil A. & Schlesinger, Harris. Insurance markets
with noisy loss distributions. 27p.
19 Eeckhoudt, Louis, Gollier, Christian & Schlesinger, Harris.
Changes in background risk and risk taking behavior. 16p.
20 Gordon, Roger H. Do publicly traded corporations act in the
public interest?. 19p.
23 Gordon, Roger H. Fiscal policy during the transition in
Eastern Europe. 29p.
21 Gordon, Roger H. Privatization: notes on the macroeconomic
consequences. 20p.
18 Machnes, Yaffa & Schnytzer, Adi. Why hasn't the collective
farm disappeared?. 12p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9201 Chew, Soo Hong & Konrad, Kai A. Bandwagon effects in
two-party majority voting. 15p.
PAGE 42
9202 Straubhaar, Thomas & Zimmermann, Klaus F. Towards a
European migration policy. 42p.
9205 Winkelmann, Rainer & Zimmermann, Klaus F. Recent
development in count data modeling: theory and applications.
21p.
9204 Winkelmann, Rainer & Zimmermann, Klaus F. Recursive
probability estimators for count data. 11p.
9215 Gehrig, Anette, Schmidt, Christoph M. & Zimmermann, Klaus F.
Mass migration, unions, and fiscal migration policy. 23p.
9213 Merkle, Lucie & Zimmermann, Klaus F. The demographics of
labor turnover: a comparison of ordinal probit and censored
count data models. 25p.
9208 Schmidt, Christoph M. Ageing and unemployment. 39p.
9209 Schmidt, Christoph M. Immigration countries and migration
research: the case of Germany. 22p.
9214 Tschernig, Rolf & Zimmermann, Klaus F. Illusive persistence
in German unemployment. 15p.
9210 Winkelmann, Rainer & Zimmermann, Klaus F. Ageing, migration
and labor mobility. 29p.
9211 Zimmerman, Klaus F. Industrial restructuring, unemployment
and migration. 31p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
3953 Aizenman, Joshua. Exchange rate flexibility, volatility,
and the patterns of domestic and foreign direct investment.
26p.
3968 Alesina, Alberto & Weil, Philippe. Menus of linear income
tax schedules. 25p.
3967 Auerbach, Alan J. On the design and reform of capital gains
taxation. 13p.
3950 Bayoumi, Tamim & Eichengreen, Barry. Is there a conflict
between EC enlargement and European monetary unification?.
30p.
3949 Bayoumi, Tamim & Eichengreen, Barry. Shocking aspects of
European monetary unification. 39p.
3973 Bloom, David E. & Freeman, Richard B. The fall in private
pension coverage in the U.S. 16p.
3954 Bodie, Zvi, Merton, Robert C. & Samuelson, William F. Labor
supply flexibility and portfolio choice in a life-cycle
model. 36p.
3972 Borjas, George J. The intergenerational mobility of
immigrants. 30p.
3955 Chen, Zhaohui & Giovannini, Alberto. Estimating expected
exchange rates under target zones. 41p.
3974 Christiano, Lawrence J. & Eichenbaum, Martin. Liquidity
effects and the monetary transmission mechanism. 13p.
3952 Currie, Janet & Farber, Henry S. Is arbitration addictive?:
evidence from the laboratory and the field. 14p.
3964 Cutler, David M. & Katz, Lawrence F. Rising inequality?:
changes in the distribution of income and consumption in the
1980's. 10p.
3951 Dominguez, Kathryn M. The role of international
organizations in the Bretton Woods system. 61p.
PAGE 43
3966 Feldstein, Martin. The budget and trade deficits aren't
really twins. 11p.
3962 Feldstein, Martin & Samwick, Andrew. Social security rules
and marginal tax rates. 59p.
3946 Gagnon, Joseph E. & Rose, Andrew K. How pervasive is the
product cycle?: the empirical dynamics of American and
Japanese trade flows. 26p.
3969 Gordon, Robert J. Measuring the aggregate price level:
implications for economic performance and policy. 52p.
3956 Hall, Bronwyn H. & Mairesse, Jacques. Exploring the
relationship between R & D and productivity in French
manufacturing firms. 45p.
3948 Helliwell, John F. & Chung, Alan. Convergence and growth
linkages between North and South. 46p.
3970 Hulten, Charles R. What is productivity: capacity or
welfare measurement?. 42p.
3958 Kaplow, Louis. A model of the optimal complexity of rules.
35p.
3957 Leamer, Edward E. Testing trade theory. 66p.
3961 Ozler, Sule & Huizinga, Harry. Bank exposure, capital and
secondary market discounts on developing country debt. 26p.
3960 Ozler, Sule & Rodrik, Dani. External shocks, politics and
private investment: some theory and empirical evidence.
35p.
3959 Ozler, Sule. Have commercial banks ignored history?. 27p.
3963 Poterba, James M. Taxation and housing: old questions, new
answers. 13p.
3947 Rodrik, Dani. The rush to free trade in the developing
world: why so late?: why now? will it last?. 46p.
3965 Zarnowitz, Victor & Braun, Phillip. Twenty-two years of the
NBER-ASA quarterly economic outlook surveys: aspects and
comparisons of forecasting perform. 106p.
3983 Ball, Laurence. Disinflation with imperfect credibility.
27p.
3995 Barsky, Robert B. & De Long, J. Bradford. Why does the
stock market fluctuate?. 25p.
3979 Bernstein, Jeffrey I. Information spillovers, margins,
scale and scope, with an application to Canadian life
insurance. 34p.
3982 Bernstein, Jeffrey I. Price margins and capital adjustment:
Canadian mill products and pulp and paper industries. 31p.
4000 Blanchard, Olivier J. & Diamond, Peter. The flow approach
to labor markets. 15p.
3992 Blanchard, Olivier J. & Weil, Philippe. Dynamic efficiency,
the riskless rate, and debt Ponzi games under uncertainty.
19p.
4002 Borjas, George J., Bronars, Stephen G. & Trejo, Stephen J.
Self-selection and internal migration in the United States.
46p.
3980 Brainard, S. Lael. Sectoral shifts and unemployment in
interwar Britain. 42p.
3989 Campbell, John Y. Intertemporal asset pricing without
consumption data. 41p.
4006 Cardoso, Eliana. Inflation and poverty. 51p.
PAGE 44
3978 Currie, Janet & McConnell, Sheena. The impact of collective
bargaining legislation on disputes in the U.S. public
sector: no policy may be the worst p. 35p.
3996 Durlauf, Steven N. & Johnson, Paul A. Local versus global
convergence across national economies. 32p.
4003 Evans, Martin D.D. & Lewis, Karen K. Peso problems and
heterogeneous trading: evidence from excess returns in
foreign exchange & Euromarkets. 41p.
3990 Fair, Ray C. The Cowles Comission approach, real business
cycle theories, and new Keynesian economics. 22p.
3994 Fernandez, Raquel & Rogerson, Richard. Human capital,
accumulation and income distribution. 26p.
4001 Giovannini, Alberto. Bretton Woods and its precursors:
rules versus discretion in the history of international
monetary regimes. 77p.
3988 Gordon, Robert J. Forward into the past: productivity
retrogression in the electric generating industry. 79p.
3971 Hulten, Charles R. Growth accounting when technical change
in embodied in capital. 36p.
3993 Jaffe, Adam B., Trajtenberg, Manuel & Henderson, Rebecca.
Geographic localization of knowledge spillovers as evidenced
by patent citations. 30p.
3987 Joyce, Theodore, Racine, Andrew D. & Mocan, Naci. The
consequences and costs of material substance abuse in New
York City: a pooled time series cross-section analysi. 35p.
3997 Katz, Lawrence F. & Krueger, Alan B. The effect of the
minimum wage on the fast food industry. 30p.
3976 Kimball, Miles & Weil, Philippe. Precautionary saving and
consumption smoothing across time and possibilities. 36p.
3984 Kleiner, Morris M. & Kudrle, Robert T. Do tougher licensing
provisions limit occupational entry?: the case of dentistry.
18p.
3991 Leamer, Edward E. Wage effects of a U.S.- Mexican free
trade agreement. 90p.
3985 Montgomery, Edward & Shaw, Kathryn. Pensions and wage
premia. 29p.
3981 Morrison, Catherine J. & Schwartz, Amy E. State
infrastructure and productive performance. 46p.
3986 Mulligan, Casey B. & Sala-i-Martin, Xavier. Transitional
dynamics in two-sector models of endogenous growth. 71p.
3977 Olley, G. Steven & Pakes, Ariel. The dynamics of
productivity in the telecommunications equipment industry.
48p.
3998 Sinn, Hans-Werner. Privatization in East Germany. 28p.
4008 Slemrod, Joel. Do taxes matter?: lessons from the 1980's.
13p.
3999 Slemrod, Joel. Taxation and inequality: a time-exposure
perspective. 30p.
4005 Watson, Mark W. Business cycle durations and postwar
stabilization of the U.S. economy. 36p.
3975 Weil, Philippe. Equilibrium asset prices with
undiversifiable labor income risk. 24p.
4004 Yanagawa, Noriyuki & Grossman, Gene M. Asset bubbles and
endogenous growth. 18p.
PAGE 45
4036 Ashenfelter, Orley & Genesove, David. Testing for price
anomalies in real estate auctions. 13p.
4038 Barro, Robert J. & Sala-i-Martin, Xavier. Regional growth
and migration: a Japan-U.S. comparison. 54p.
4027 Bartel, Ann P. Training, wage growth and job performance:
evidence from a company database. 33p.
4009 Berndt, Ernst R., Griliches, Zvi & Rosett, Joshua G.
Auditing the producer price index: micro evidence from
prescription pharmaceutical preparations. 38p.
4010 Berndt, Ernst R., Morrison, Catherine J. & Rosenblum, Larry
S. High-tech capital formation and labor composition in
U.S. manufacturing industries: an exploratory analysis.
39p.
4033 Bordo, Michael D. The Bretton Woods international monetary
system: an historical overview. 107p.
4024 Bordo, Michael D. & Redish, Angela. Maximizing seignorage
revenue during temporary suspensions of convertibility: a
note. 16p.
4029 Borjas, George J. & Trejo, Stephen J. National origin and
immigrant welfare recipiency. 27p.
4011 Brock, Philip L. & Turnovsky, Stephen J. The growth and
welfare consequences of differential tariffs with
endogenously supplied capital and labor. 42p.
4035 Caballero, Ricardo J. Near-rationality, heterogeneity and
aggregate consumption. 27p.
4030 Card, David & Levine, Phillip B. Unemployment insurance
taxes and the cyclical and seasonal properties of
unemployment. 60p.
4025 Cochrane, John H. A cross-sectional test of a
production-based asset pricing model. 64p.
4023 Currie, Janet & McConnell, Sheena. Firm-specific
determinants of the real wage. 33p.
4007 Diwan, Ishac & Rodrik, Dani. Debt reduction, adjustment
lending, and burden sharing. 61p.
4032 Feldstein, Martin. College scholarship rules and private
saving. 29p.
4021 Feldstein, Martin. The effects of tax-based saving
incentives on government revenue and national saving. 41p.
4016 Folkerts-Landau, David & Garber, Peter M. The European
central bank: a bank of monetary policy rule?. 33p.
4017 Folkerts-Landau, David & Garber, Peter M. The private ECU:
a currency floating on gossamer wings. 29p.
4022 Friedman, Benjamin M. Learning from the Reagan deficits.
16p.
4040 Goldberg, Linda S. Moscow black markets and official
markets for foreign exchange: how much flexibility in
flexible rates?. 33p.
4020 Hassett, Kevin A & Metcalf, Gilbert E. Energy tax credits
and residential conservation investment. 42p.
4015 Kashyap, Anil K., Stein, Jeremy C. & Wilcox, David W.
Monetary policy and credit conditions: evidence from the
composition of external finance. 43p.
4026 Klette, Tor J. & Griliches, Zvi. The inconsistency of
common scale estimators when output prices are unobserved
and endogenous. 46p.
PAGE 46
4039 Krishna, Kala & Young, Alwyn. Conceptually based measures
of structural adaptability. 26p.
4034 Lynch, Lisa M. Differential effects of post-school training
on early career mobility. 28p.
4019 Neumark, David & Korenman, Sanders. Sources of bias in
womens' wage equations: results using sibling data. 39p.
4018 Neumark, David & Leonard, Jonathan S. Inflation
expectations and the structural shift in aggregate
labor-cost determination in the 1980's. 28p.
4013 Porter, Robert H. & Zona, J. Douglas. Detection of bid
rigging in procurement auctions. 38p.
4012 Shavell, Steven. Suit versus settlement when parties seek
non-monetary judgements. 25p.
4028 Stein, Jeremy C. Convertible bonds as "back door" equity
financing. 30p.
4014 Stock, James H. & Watson, Mark W. A procedure for
predicting recessions with leading indicators: econometric
issues and recent experience. 29p.
4044 Abowd, John M. & Kramarz, Francis. A test of negotiation
and incentive compensation models using longitudinal French
enterprise data. 40p.
4041 Besley, Timothy & Case, Anne. Incumbent behavior: vote
seeking, tax setting and yardstick competition. 42p.
4037 Blanchflower, David G. & Lynch, Lisa M. Training at work: a
comparison of U.S. and British youths. 41p.
4058 Card, David. Using regional variation in wages to measure
the effects of the federal minimum wage. 33p.
4047 Edwards, Sebastian & Santaella, Julio A. Devaluation
controversies in the developing countries: lessons from the
Bretton Woods era. 62p.
4050 Frankel, Jeffrey A. Is Japan creating a Yen bloc in East
Asia and the Pacific?. 10p.
4059 Griliches, Zvi & Regev, Haim. Productivity and firm
turnover in Israeli industry: 1979-1988. 35p.
4055 Hamermesh, Daniel S. Spatial and temporal aggregation in
the dynamics of labor demand. 20p.
4060 Lach, Saul & Rob, Rafael. R & D, investment and industry
dynamics. 34p.
4052 Lang, Kevin. Does the human capital/educational sorting
debate matter for development policy?. 21p.
4043 Lehmann, Bruce N. Empirical testing of asset pricing
models. 52p.
4051 Markusen, James R., Morey, Edward R. & Olewiler, Nancy.
Noncooperative equilibria in regional environmental policies
when plant locations are endogenous. 30p.
4046 Neumark, David & Wachter, Michael L. Union threat effects
and nonunion industry wage differentials. 43p.
4042 Richardson, J. David. "New" trade theory and policy: a
decade old: assessment in a Pacific context. 53p.
4048 Saloner, Garth & Shepard, Andrea. Adoption of technologies
with network effects: an empirical examination of the
adoption of automated teller machine. 36p.
4067 Angrist, Joshua D. & Krueger, Alan B. Estimating the payoff
to schooling using the Vietnam era draft lottery. 29p.
PAGE 47
4079 Bebchuk, Lucian A. & Kaplow, Louis. Optimal sanctions when
individuals are imperfectly informed about the probability
of apprehension. 7p.
4078 Bebchuk, Lucian A. & Kaplow, Louis. Optimal sanctions when
the probability of apprehension varies across individuals.
11p.
4082 Bernanke, Ben & Mishkin, Frederic. Central bank behavior
and the strategy of monetary policy: observations from six
industrialized countries. 67p.
4069 Brainard, S. Lael & Martimort, David. Strategic trade
policy with incompletely informed policymakers. 43p.
4072 Bregman, Arie, Fuss, Melvyn & Regev, Haim. The production
and cost structure of Israeli industry: evidence from
individual firm data. 53p.
4076 Buiter, Willem H. & Kletzer, Kenneth M. Government
solvency, Ponzi finance and the redundancy and usefulness of
public debt. 45p.
4075 Card, David & Olson, Craig A. Bargaining power, strike
duration, and wage outcomes: an analysis of strikes in the
1880's. 16p.
4049 Cecchetti, Stephen G. & Karras, Georgios. Sources of output
fluctuations during the interwar period: further evidence on
the causes of the Great Depression. 37p.
4074 Chan, K.C., Karolyi, G. Andrew & Stulz, Rene M. Global
financial markets and the risk premium on U.S. equity. 40p.
4068 Collins, Susan M. The expected timing of EMS realignments:
1979-83. 28p.
4057 Collins, Susan M. & Giavazzi, Francesco. Attitudes towards
inflation and the viability of fixed exchange rates:
evidence from the EMS. 38p.
4085 Davis, Steven J. Cross-country patterns of change in
relative wages. 67p.
4054 DeLong, J. Bradford & Becht, Marco. "Excess volatility" and
ther German stock market, 1876-1990. 60p.
4056 Durlauf, Steven N. A theory of persistent income
inequality. 35p.
4070 Ehrenberg, Ronald G. & Mavros, Panagiotis G. Do doctoral
students' financial support patterns affect their
times-to-degree & completion probabilities?. 54p.
4077 Fischer, Stanley. Russia and the Soviet Union then and now.
52p.
4084 Froot, Kenneth A., Schafrstein, David S. & Stein, Jeremy C.
Risk management: coordinating corporate investment and
financing policies. 31p.
4061 Goulder, Lawrence H. Do the costs of a carbon tax vanish
when interactions with other taxes are accounted for?. 43p.
4066 Helliwell, John F. Empirical linkages between democracy and
economic growth. 32p.
4065 Kaplan, Steven N. Top executive rewards and firm
performance: a comparison of Japan and the U.S. 60p.
4080 Kotlikoff, Laurence J. Economic exchange and support within
U.S. families. 29p.
4071 Kovenock, Dan & Thursby, Marie. GATT, dispute settlement
and coopration. 32p.
PAGE 48
4073 Lang, Kevin & Dickens, William T. Labor market
segmentation, wage dispersion and unemployment. 31p.
4053 Marston, Richard C. Interest differentials under fixed and
flexible exchange rates: the effects of capital controls &
exchange risk. 48p.
4083 Pindyck, Robert S. The present value model of rational
commodity pricing. 31p.
4064 Rodrik, Dani. Foreign trade in Eastern Europe's transition:
early results. 57p.
4062 Roubini, Nouriel & Sala-i-Martin, Xavier. A growth model of
inflation, tax evasion, and financial repression. 39p.
4063 Summers, Lawrence, Gruber, Jonathan & Vergara, Rodrigo.
Taxation and the structure of labor markets: the case of
corporatism. 40p.
4097 Aghion, Philippe, Hart, Oliver & Moore, John. The economics
of bankruptcy reform. 58p.
4102 Aizenman, Joshua. Foreign direct investment as a commitment
mechanism in the presence of managed trade. 28p.
4089 Ball, Laurence & Mankiw, N. Gregory. Asymmetric price
adjustment and economic fluctuations. 31p.
4109 Boozer, Michael A., Krueger, Alan B. & Wolkon, Shari. Race
and school quality since Brown vs. Board of Education. 79p.
4104 Braun, Phillip A., Constantinides, George M. & Ferson, Wayne
E. Time nonseparability in aggregate consumption:
international evidence. 50p.
4105 Bresnahan, Timothy F. & Ramey, Valerie A. Output
fluctuations at the plant level. 32p.
4090 Caballero, Ricardo J. & Engel, Eduardo M.R.A. Microeconomic
adjustment hazards and aggregate dynamics. 29p.
4091 Caballero, Ricardo J. & Engel, Eduardo M.R.A. Price
rigidities, asymmetries, and output fluctuations. 28p.
4088 Cochrane, John H. & Hansen, Lars P. Asset pricing
explorations for macroeconomics. 74p.
4100 Cooper, Russell & Haltiwanger, John. Autos and the National
Industrial Recovery Act: evidence on industry
complementarities. 68p.
4106 Currie, Janet & Chaykowski, Richard. Male jobs, female
jobs, and gender gaps in benefits coverage. 58p.
4107 Dick, Andrew, Garber, Alan M. & MaCurdy, Thomas.
Forecasting nursing home utilization of elderly Americans.
45p.
4087 Dickens, William T. & Lang, Kevin. Labor market
segmentation theory: reconsidering the evidence. 80p.
4095 Edwards, Sebastian. Sequencing and welfare: labor markets
and agriculture. 38p.
4099 Goldin, Claudia. The meaning of college in the lives of
American women: the past one-hundred years. 50p.
4096 Hall, Bronwyn H. Investment and research and development at
the firm level: does the source of financing matter?. 41p.
4081 Helpman, Elhanan. Innovation, imitation, and intellectual
property rights. 51p.
4098 Knetter, Michael M. International comparisons of
pricing-to-market behavior. 32p.
4111 Lambson, Val E. & Richardson, J. David. Empirical evidence
for collusion in the U.S. auto market?. 37p.
PAGE 49
4092 Lichtenberg, Frank R. & Pushner, George M. Ownership
structure and corporate performance in Japan. 38p.
4101 Neumark, David & Sharpe, Steven A. Hostile takeovers and
expropriation of extramarginal wages: a test. 53p.
4094 Obstfeld, Maurice. International adjustment with
habit-forming consumption: a diagrammatic exposition. 33p.
4093 Obstfeld, Maurice. Risk-taking, global diversification, and
growth. 39p.
4112 Rodrik, Dani. Making sense of the Soviet trade shock in
Eastern Europe: a framework and some estimates. 48p.
4103 Sturzenegger, Federico. Inflation and social welfare in a
model with endogenous financial adaptation. 26p.
4086 Turnovsky, Stephen J. & Bianconi, Marcelo. The
international transmission of tax policies in a dynamic
world economy. 33p.
4110 Abel, Andrew B. Exact solutions for expected rates of
return under Markov regime switching: implications for the
equity premium puz. 29p.
4120 Blau, Francine D. & Kahn, Lawrence M. Race and gender pay
differentials. 44p.
4108 Bollerslev, Tim & Hodrick, Robert J. Financial market
efficiency tests. 71p.
4129 Christiano, Lawrence J. & Eichenbaum, Martin. Liquidity
effects, monetary policy, and the business cycle. 49p.
4116 Evans, Martin D.D. & Lewis, Karen K. Trends in expected
returns in currency and bond markets. 45p.
4114 Feenstra, Robert C. & Markusen, James R. Accounting for
growth with new inputs. 28p.
4128 Hendershott, Patric H. & Kane, Edward J. Office market
values during the past decade: how distorted have appraisals
been?. 18p.
4122 Holtz-Eakin, Douglas. Public-sector capital and the
productivity puzzle. 22p.
4118 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
The Carnegie conjecture: some empirical evidence. 28p.
4113 McCallum, Bennett T. A reconsideration of the uncovered
interest parity relationship. 40p.
4119 Rogoff, Kenneth. Traded goods consumption smoothing and the
random walk behavior of the real exchange rate. 47p.
4121 Romer, David. Rational asset price movements without news.
46p.
4115 Sheiner, Louise & Weil, David N. The housing wealth of the
aged. 49p.
4125 Zeckhauser, Richard, Coate, Steve & Johnson, Stephen.
Robin-hooding rents: exploiting the pecuniary effects of
in-kind programs. 37p.
4126 Alter, George, Goldin, Claudia & Rotella, Elyce. The
savings or ordinary Americans: the Philadelphia Saving Fund
Society in the mid-nineteenth century. 37p.
4133 Altonji, Joseph G. & Williams, Nicholas. The effects of
labor market experience, job seniority, and job mobility on
wage growth. 83p.
4143 Ashenfelter, Orley & Krueger, Alan. Estimates of the
economic return to schooling from a new sample of twins.
38p.
PAGE 50
4130 Bils, Mark & McLaughlin, Kenneth J. Inter-industry mobility
and the cyclical upgrading of labor. 32p.
4131 Blomstrom, Magnus, Kokko, Ari & Zejan, Mario. Host country
competition and technology transfer by multinationals. 27p.
4132 Blomstrom, Magnus, Lipsey, Robert E. & Zejan, Mario. What
explains developing country growth?. 31p.
4138 Borenstein, Severin, Cameron, A. Colin & Gilbert, Richard.
Do gasoline prices respond asymmetrically to crude oil price
changes?. 44p.
4136 Casella, Alessandra. Arbitration in international trade.
43p.
4141 Eichengreen, Barry. Three prespectives on the Bretton Woods
system. 55p.
4134 Evans, Martin D.D. & Lewis, Karen K. Do expected shifts in
inflation policy affect real rates?. 48p.
4123 Gagnon, Joseph E. & Knetter, Michael M. Markup adjustment
and exchange rate fluctuations: evidence from panel data on
automobile exports. 31p.
4135 Gibbons, Robert & Murphy, Kevin J. Does executive
compensation affect investment?. 21p.
4140 Glick, Reuven & Rogoff, Kenneth. Global versus
country-specific productivity shocks and the current
account. 38p.
4139 Grossman, Michael, et al. Determinants of interest rates on
tax-exempt hospital bonds. 61p.
4124 Lipsey, Robert E. Foreign direct investment in the U.S.:
changes over three decades. 69p.
4137 Steckel, Richard H. & Krishnan, Jayanthi. Wealth mobility
in America: a view from the National Longitudinal Survey.
36p.
4117 Stiglitz, Joseph E. & Greenwald, Bruce. Towards a
reformulation of monetary theory: competitive banking. 61p.
4127 Stockman, Alan C. International transmission under Bretton
Woods. 60p.
4142 Altonji, Joseph G. The effect of high school curriculum on
education and labor market outcomes. 55p.
4144 Holtz-Eakin, Douglas. Solow and the states: capital
accumulation, productivity, and economic growth. 21p.
4163 Bagwell, Laurie S. & Bernheim, B. Douglas. Conspicuous
consumption, pure profits, and the luxury tax. 37p.
4152 Berry, Steven, Grilli, Vittorio & Lopez-Silanes, Florencio.
The automobile industry and the Mexico-U.S. free trade
agreement. 75p.
4148 Bresnahan, Timothy F. & Trajtenberg, Manuel. General
purpose technologies: "engines of growth?". 41p.
4162 Caballero, Ricardo J. & Engel, Eduardo M.R.A. Microeconomic
rigidities and aggregate price dynamics. 26p.
4147 Feenberg, Daniel & Skinner, Jonathan. The risk and duration
of catastrophic health care expenditures. 43p.
4153 Goldberg, Linda S. & Karimov, Il'dar. Black markets for
currency, hoarding activity and policy reform. 41p.
4159 Gordon, Roger H. & Jun, Joosung. Taxes and the form of
ownership of foreign corporate equity. 47p.
4149 Grossman, Gene M. & Helpman, Elhanan. Protection for sale.
44p.
PAGE 51
4157 Gruber, Jonathan. The efficiency of a group-specific
mandated benefit: evidence from health insurance benefits
for maternity. 56p.
4164 Garber, Alan M. & Phelps, Charles E. Economic foundations
of cost-effectiveness analysis. 39p.
4156 King, Robert & Watson, Mark W. Testing long run neutrality.
39p.
4151 Knetter, Michael. Exchange rates and corporate pricing
strategies. 47p.
4154 Krueger, Alan B. & Pischke, Jorn-Steffen. A comparative
analysis of East and West German labor markets: before and
after unification. 71p.
4161 Lichtenberg, Frank R. R & D investment and international
productivity differences. 37p.
4150 Romer, Christina D. Remeasuring business cycles. 52p.
4146 Trajtenberg, Manuel, Henderson, Rebecca & Jaffe, Adam.
Ivory Tower versus corporate lab: an empirical study of
basic research and appropriability. 49p.
4173 Alesina, Alberto, Roubini, Nouriel & Swagel, Phillip.
Political instability and economic growth. 46p.
4182 Auerbach, Alan J., Kotlikoff, Laurence J. & Weil, David N.
The increased annuitization of the elderly: estimates and
implications for intergenerational transfers, inequality,.
37p.
4168 Ball, Laurence & Mankiw, N. Gregory. Relative price changes
as aggregate supply shocks. 44p.
4169 Bayoumi, Tamim & Eichengreen, Barry. Macroeconomic
adjustment under Bretton Woods and the Post Bretton Woods
float: an impulse-response analysis. 44p.
4180 Bloom, David E. & Glied, Sherry. Projecting the number of
new AIDS cases in the U.S. 37p.
4160 Caballero, Ricardo J. & Pindyck, Robert S. Uncertainty,
investment, and industry revolution. 29p.
4166 Calomiris, Charles W. Greenback resumption and silver risk:
the economics and politics of monetary regime change in the
United States, 18. 53p.
4158 Fernandez, Raquel & Rogerson, Richard. Income distribution,
communities and the quality of public education: a policy
analysis. 36p.
4178 Henderson, Vernon, Kuncuro, Ari & Turner, Matt. Industrial
development in cities. 35p.
4165 Klein, Michael W. The accuracy of reports of foreign
exchange intervention. 15p.
4170 Knetter, Michael M. Is price adjustment asymmetric?:
evaluating the market share and marketing bottlenecks
hypothesis. 26p.
4179 Lopez-de-Silanes, Florencio, Markusen, James R. &
Rutherford, Thomas F. Complementarity and increasing
returns in intermediate inputs: a theoretical & applied
general equilibrium analysis. 24p.
4174 Margo, Robert A. Employment and unemployment in the 1930's.
34p.
4167 Marston, Richard C. Determinants of short-term real
interest differentials between Japan and the United States.
52p.
PAGE 52
4175 Pindyck, Robert S. Investments of uncertain cost. 25p.
4176 Polinsky, A. Mitchell & Shavell, Steven. Optimal cleanup
and liability after environmentally harmful discharges.
12p.
4181 Poterba, James M., Venti, Steven F. & Wise, David A. 401(k)
plans and tax-deferred saving. 53p.
4171 Scholes, Myron S., Wilson, Peter & Wolfson, Mark W. Firms'
responses to anticipated reducation in tax rates: the Tax
Reform Act of 1986. 49p.
4145 Stiglitz, Joseph E. & Edlin, Aaron S. Discouraging rivals:
managerial rent seeking and economic insufficiencies. 50p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Technical Papers.
120 Obstfeld, Maurice. Evaluating risky consumption paths: the
role of intertemporal substitutability. 29p.
126 Beaulieu, J. Joseph & Miron, Jeffrey A. Seasonal unit roots
in aggregate U.S. data. 43p.
NATIONAL OPINION RESEARCH CENTER. Economics Research Center.
92-1 Hotz, V. Joseph, et al. A simulation estimator for dynamic
models of discrete choice. 35p.
92-3 Becker, Gary S. Fertility and the economy. 36p.
92-2 Daniel, Kermit. Does marriage make men more productive?.
44p.
92-4 Banerji, Rukmini. Agricultural conditions and children's
work and schooling in rural India: a district level
analysis. 50p.
92-5 Becker, Gary S. & Murphy, Kevin M. The division of labor,
coordination costs, and knowledge. 37p.
92-6 Rao, Vijayendra. Does "prestige" matter?: compensating
differentials for social mobility in the Indian caste
system. 22p.
92-7 Weiss, Yoram. The formation and dissolution of families:
why marry? who marries whom? & what happens upon marriage &
divorce?. 67p.
92-8 Parish, William L. & Willis, Robert J. Daughters,
education, and family budgets: Taiwan experiences. 37p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
64 Battese, G.E. & Tessema, G.A. Estimation of stochastic
frontier production functions with time-varying parameters &
technical efficiencies using . 31p.
63 Chotikapanich, Duangkamon. A study of the income
distribution underlying the Rasche, Gaffney, Koo and Obst
Lorenz curve. 14p.
65 O'Donnell, C.J. The demand for Australian wool: a
simultaneous equations model which permits endogenous
switching. 13p.
66 Wan, Guang H. & Battese, George E. A stochastic frontier
production function incorporating flexible risk properties.
13p.
PAGE 53
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
92/4 Barry, Frank & Devereux, Michael. An examination of the
"expansionary fiscal contraction" hypothesis. 27p.
92/5 Barry, Frank. Government consumption and private investment
in closed and open economies. 19p.
92/6 Stegman, Trevor. On the effects of union - employer
bargaining on consumer welfare. 13p.
92-1 Kriesler, Peter. Answers for Steedman. 10p.
92-2 Rao, B.B. Keynesian and new classical output and
unemployment equations in Australia. 20p.
92-3 Rao, B.B. & Lin, G. A test of the policy ineffectiveness
proposition for the Australian economy. 16p.
9211 Kakwani, Nanak. Two notes on econometrics: The coefficient
of determination for a regression model based on group data.
7p.
9211 Kakwani, Nanak. Second note: Irrelevant variables in
simultaneous equations systems. 5p.
9210 Kakwani, Nanak & Neville, John. Government size and
economic growth: a comment. 6p.
9212 Kingston, Geoffrey, Piggott, John & Bateman, Hazel.
Customized investment strategies for accumulations
superannuation. 27p.
92/8 Kinugasa, Tatsuo. Deregulation policy and contestability.
15p.
92/7 Lodewijks, John. Old and new Keynesians. 13p.
92/9 Sowey, Eric R. Correcting R2 for degrees of freedom: a new
approach. 9p.
9220 Alaouze, Chris. The utility maximizing firm: price
stabilisation and duality. 10p.
9216 Barry, Frank. Current-account targeting and the equilibrium
approach to fiscal policy. 23p.
9221 Barry, Frank. Market liberalisation, monetary stabilization
and foreign debt: did Australia get it wrong in the 1980's?.
37p.
9218 Bateman, Hazel, Kingston, Geoffrey & Piggott, John. Taxes,
retirement transfers, and annuities. 25p.
9222 Kakwani, Nanak & Subbarao, K. Global development: is the
gap widening or closing?. 53p.
9217 Monadjemi, Mehdi. Empirical evidence on public expenditures
and private sector's response: a multi-country analysis.
18p.
9215 Nicholas, Stephen & Oxley, Deborah. For better or worse:
the genesis of the male breadwinner. 26p.
9219 Nicholas, Steve & Steckel, Richard. Tall but poor:
nutrition, health, and living standards in pre-famine
Ireland. 44p.
9214 Otto, Glenn & Voss, Graham. Optimal consumption, external
debt and the real interest rate: an empirical investigation.
41p.
9213 Tran-Nam, Binh. On the measurement of local tax progression
and overall tax progressivity. 26p.
9223 Yang, Minxian & Bewley, Ronald. Moving average conditional
heteroskedastic processes. 16p.
PAGE 54
9225 Bewley, Ronald & Milbourne, Ross. Analyzing statistical
discrepancy. 20p.
9227 Fisher, Lance, Fackler, Paul & Orden, David. Long-run
identifying restrictions for an error-correction model of
New Zealand money, prices & output. 24p.
9226 Kakwani, Nanak. How to measure real economic growth. 16p.
9224 Otto, Glenn & Voss, Graham. Public capital and private
sector productivity: evidence for Australia 1966/67 -
1989/90. 41p.
NEW YORK UNIVERSITY. Center for Applied Economics.
9201 Brams, Steven J. & Taylor, Alan D. Two stage auctions I:
private-value strategies. 30p.
9202 Brams, Steven J. & Taylor, Alan D. Two stage auctions II:
common-value strategies and the winner's curse. 27p.
9214 de Bartolome, Charles A.M. & Vosti, Stephen A. Economic
analysis of the treatment of malaria: a case study. 22p.
9209 Gately, Dermot. Oil demands in the U.S. and Japan. 27p.
9208 Gertler, Mark & Gilchrist, Simon. Monetary policy, business
cycles and the behavior of small manufacturing firms. 51p.
9211 Goldberg, Linda S. Moscow black markets and official
markets for foreign exchange: how much flexibility in
flexible rates?. 33p.
9204 Gomory, Ralph E. A Ricardo model with economies of scale.
75p.
9210 Gomory, Ralph E. & Baumol, William J. Scale economies,
regions of multiple trade equilibria, and the gains from
acquisition of industries. 51p.
9212 Huizinga, F. & Schiantarelli, Fabio. Dynamics and
asymmetric adjustment in insider-outsider models. 26p.
9213 Jaramillo, Fidel, Schiantarelli, Fabio & Sembenelli,
Alessandro. Are adjustment costs for labor asymmetric?: an
econometric test on panel data for Italy. 21p.
9207 Kilgour, D. Marc & Brams, Steven J. Putting the other side
"on notice" can induce compliance in arms control. 31p.
9205 Seo, Cheong-seog. Interior quality equilibrium and the
effect of a government subsidy. 29p.
9203 Spiegel, Mark M. Sovereign risk exposure w/ potential
liquidation: performance of alternative forms of public
finance. 31p.
9206 Velasco, Andres. A model of fiscal deficits and delayed
fiscal reforms. 19p.
9215 Baumol, William J. Private affluence, public squalor. 35p.
9224 Benhabib, Jess & Spiegel, Mark M. The role of human capital
and political instability in economic development. 47p.
9223 Bernstein, Jeffrey I. Exports, margins and productivity
growth, with an application to the Canadian softwood
industry. 28p.
9218 Cowan, Robin & Rizzo, Mario J. Fundamental issues in the
justification of profits. 28p.
9219 de Bartolome, Charles A.M. Fiscal externality and
compensated demand in normative tax theory. 22p.
9220 de Bartolome, Charles A.M. Interpreting the "many-person
Ramsey tax rule" of optimal tax theory. 15p.
PAGE 55
9221 Gately, Dermot. The imperfect price reversibility of world
oil demand. 20p.
9229 Gomory, Ralph E. A Ricardo model with economies of scale.
108p.
9222 Good, David H., et al. Efficiency and productivity growth
comparisons of European & U.S. air carriers: a first look at
the data. 16p.
9227 Nelson, Richard R. & Wolff, Edward N. Factors behind
cross-industry differences in technical progress. 34p.
9226 Nyarko, Yaw. Bayesian learning in repeated games leads to
correlated equilibria. 50p.
9225 Nyarko, Yaw. Bayesian learning without common priors and
convergence to Nash equilibria. 30p.
9216 Ramsey, James B. Seasonal economic data as approximate
harmonic oscillators. 47p.
9228 Ramsey, James B. & Rothman, Philip. A reassessment of
dimension calculations using some monetary data. 22p.
9217 Rizzo, Mario J. The morality of profits, and the struggle
for existence. 38p.
9245 Baumol, William J. & Baumol, Hilda. On the economics of
musical composition in Mozart's Vienna. 45p.
9242 Benhabib, Jess. A note on the political economy of
immigration. 14p.
9230 Brams, Steven J. & Doherty, Ann E. Intransigence in
negotiations: the dynamics of disagreement. 35p.
9231 Brams, Steven J. & Taylor, Alan D. An envy-free cake
division algorithm. 48p.
9239 Chang, Roberto. Political party negotiations, income
distribution and endogenous growth. 39p.
9232 de Bartolome, Charles A.M. & Ramsey, James B. The
privatization of the New York CIty subway. 49p.
9240 Del Boca, Daniela & Flinn, Christopher J. Expenditure
decisions of divorced mothers and income composition. 36p.
9238 Goldberg, Linda S. & Karimov, Il'dar. Black markets for
currency, hoarding activity and policy reforms. 41p.
9237 Kornhauder, Lewis A. & Revesz, Richard L. Multi-defendant
settlements: the impact of joint and several liability.
77p.
9233 Merlo, Antonio & Schotter, Andrew. Procedural rationality
and learning in games: an experimental study. 30p.
9236 Peracchi, Franco & Welch, Finis. Labor force transitions of
older workers. 46p.
9241 Spiegel, MArk M. "Burden sharing" in sovereign debt
reduction. 20p.
9243 Velasco, Andres. Animal spirits, capital repatriation and
investment. 22p.
9244 Velasco, Andres. A model of cyclical international capital
movements. 13p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
92-3 Acharya, Sankarshan & Udell, Gregory F. Monitoring
financial institutions. 13p.
92-6 Altman, Edward I. Emerging trends in bankruptcy
reorganization. 26p.
PAGE 56
92-5 Altman, Edward I. & Kao, Duen Li. Rating drift in high
yield bonds. 16p.
92-2 Berger, Allen N. & Udell, Gregory F. Securitization, risk,
and the liquidity problem in banking. 70p.
92-1 Evans, Martin D.D. & Lothian, James R. The response of
exchange rates to permanent and transitory shocks under
floating exchange rates. 36p.
92-8 John, Kose, Senbet, Lemma W. & Sundaram, Anant K.
Cross-border liability of multinational enterprises, border
taxes, and capital structure. 36p.
92-7 Tata, Fidelio. On the interdependence of bond yields using
high frequency data. 46p.
92-4 White, Lawrence J. A cautionary tale of deregulation gone
awry: the S & L debacle. 39p.
92-9 Yashiv, Eran. A note on reputation formation in monetary
policy. 26p.
9222 Altman, Edward I. Evaluating the Chapter 11 bankruptcy
reorganization process. 32p.
9224 Damodaran, Aswath & Subrahmanyam, Marti G. The effects of
derivative securities on the markets for the underlying
assets in the U.S.: a survey. 26p.
9220 Ho, Teng Suan, Stapleton, Richard C. & Subrahmanyam, Marti
G. Multivariate binomial approximation for variables with
arbitrary variance and covariance characteristics. 22p.
9219 Ho, Teng Suan, Stapleton, Richard C. & Subrahmanyam, Marti
G. The valuation of American options in stochastic interest
rate economies. 35p.
9221 John, Kose, Koticha, Apoorva & Subrahmanyam, Marti G. The
micro-structure of options markets: informed trading,
liquidity, volatility and efficiency. 31p.
9218 Stapleton, Richard C. & Subrahmanyam, Marti G. The analysis
and valuation of interest rate options. 37p.
9223 White, Lawrence J. Change and turmoil in U.S. banking:
causes, consequences, and lessons. 38p.
9210 Altman, Edward I. Revisiting the high yield bond market.
43p.
9239 Altman, Edward I. & Haldeman, Robert G. Valuation, loss
reserves and pricing of commercial loans. 13p.
9225 Backus, David K. & Gregory, Allan W. Theoretical relations
between risk premiums and conditional variances. 27p.
9226 Backus, David K., Gregory, Allan W. & Telmer, Chris I.
Accounting for forward rates in markets for foreign
currency. 39p.
9230 Balduzzi, Pierluigi, Bertola, Guiseppe & Foresi, Silverio.
Asset price nonlinearities and coordinated noise trading.
26p.
9228 Boudoukh, Jacob. An equilibrium model of nominal bond
prices with inflation output correlation and stochastic
volatility. 50p.
9227 Boudoukh, Jacob & Whitelaw, Robert F. Liquidity as a choice
variable: a lesson from the Japanese government bond market.
44p.
9229 Bronfman, Corinne & Schwartz, Robert. Price discovery
noise. 17p.
PAGE 57
9235 Brown, Stephen J. & Otsuki, Toshiyuki. Exchange rate
volatility and equity returns. 22p.
9237 Choi, Frederick D.S. Corporate disclosure policy in an
asymmetric world. 49p.
9236 Choi, Frederick D.S & Lee, Changwoo. Effects of alternative
goodwill treatments on merger premia: further empirical
evidence. 34p.
9234 Elton, Edwin J., Gruber, Martin J. & Mei, Jianping. Return
generating process and the determinants of term premiums.
31p.
9212 Engberg, Holger. Index numbers and international trade.
34p.
9213 Evans, Martin D.D. Expected returns, time-varying risk and
risk premia. 49p.
9216 Ho, Thomas S.Y. Managing illiquid bonds and the linear path
space. 37p.
9233 Kahan, Marcel & Tuckman, Bruce. Do bondholders lose from
junk bond covenant changes?. 44p.
9231 Lang, Larry, Poulsen, Annette & Stulz, Rene M. Asset sales,
leverage, and the agency costs of managerial discretion.
32p.
9232 Lang, Larry & Stulz, Rene M. Contagion and competitive
intra-industry effects of bankruptcy announcements. 27p.
9214 Maldonado-Bear, Rita & Bear, Larry. The invisible hand and
health care: diagnosing and treating market inadequacies.
24p.
9215 Maldonado-Bear, Rita & Bear, Larry. Legal and financial
agency, ethics and the fiduciary relationship. 19p.
9238 Pope, Peter E. & Yadav, Pradeep K. Transaction cost
thresholds, arbitrage activity and index futures pricing.
53p.
9217 Saunders, Anthony & Senbet, Lemma W. Financial research on
Africa: a financial theory perspective. 45p.
9211 Yashiv, Eran. Money demand in a high inflation economy: the
case of Israel. 36p.
9245 Berlin, Mitchell, John, Kose & Saunders, Anthony. Universal
banking: should banks hold equity in borrowing firms?. 31p.
9242 Boudoukh, Jacob, Richardson, Matthew & Smith, Tom. Testing
inequality restrictions implied from conditional asset
pricing models. 32p.
9243 Boudoukh, Jacob, Richardson, Matthew & Whitelaw, Robert F.
The equity risk premium and term structure: two centuries of
evidence. 27p.
9241 Evans, Martin D.D. & Lewis, Karen K. Trends in expected
returns in currency and bond markets. 45p.
9244 Mei, Jianping & Saunders, Anthony. Excessive gambling with
unfavorable odds: financial institutions' real estate
investments. 39p.
9240 Park, Young S.. Non-price competition among Japanese
brokerage companies: a game theoretic approach to explain
loss compensation. 28p.
NEW YORK UNIVERSITY. Stern School of Business.
92-2 Economides, Nicholas. Network externalities and invitations
to enter. 20p.
PAGE 58
92-1 White, Lawrence J. A cautionary tale of deregulation gone
awry: the savings and loan debacle. 39p.
92-8 Antzoulatos, Angelos A. Borrowing constraints, income
expectations and the Euler equation: theoretical and
empirical analysis. 28p.
92-4 Backus, David K. Interpreting comovements in the trade
balance and the terms of trade. 21p.
92-5 Backus, David K. & Kehoe, Patrick J. International evidence
on the historical properties of business cycles. 48p.
92-6 Backus, David, Kehoe, Patrick J. & Kydland, Finn. Dynamics
of the trade balance and the terms of trade: the J-curve
revisted. 37p.
92-7 Backys, David K. & Smith, Gregor W. Consumption and real
exchange rates in dynamic exchange economies with nontraded
goods. 24p.
9211 Evans, Martin D.D. & Lewis, Karen K. Do stationary risk
premia explain it all?: evidence from the term structure.
45p.
9213 Evans, Martin D.D. & Lewis, Karen K. Peso problems &
heterogeneous trading: evidence from excess returns in
foreign exchange and Euromarkets. 41p.
9212 Evans, Martin & Wachtel, Paul. Were price changes during
the Great Depression anticipated?: evidence from nominal
interest rates. 45p.
92-3 Economides, Nicholas & Rose-Ackerman, Susan. Differentiated
public goods: privatization and optimality. 26p.
92-9 Yashiv, Eran. Inflation, wages and the role of money under
discretion and rules: a new interpretation. 29p.
9210 Yashiv, Eran. Sustainable stabilization policies and
private sector optimal behavior. 42p.
9215 Antzoulatos, Angelos A. Credit rationing and rational
behavior: theory and evidence. 16p.
9218B Backus, David K., Gregory, Allan W. & Telmer, Chris I.
Accounting for forward rates in markets for foreign
currency. 38p.
9217 Evans, Martin D.D. The changing nature of the
output-inflation trade-off. 26p.
9214 Evans, Martin D.D. Expected returns, time-varying risk and
risk premia. 49p.
9216 Evans, Martin D.D & Lothian, James R. The response of
exchange rates to permanent and transitory shocks under
floating exchange rates. 36p.
9218A Backus, David K. & Gregory, Allen W. Theoretical relations
between risk premiums and conditional variances. 27p.
9219 White, Lawrence J. Change and turmoil in U.S. banking:
causes, consequences, and lessons. 38p.
9222 Evans, Martin D.D. & Lewis, Karen K. Do expected shifts in
inflation policy affect real rates?. 47p.
9220 Evans, Martin D.D. & Lewis, Karen K. Trends in expected
returns in currency and bond markets. 45p.
9221 Yashiv, Eran. On the causes of high unemployment: lessons
from the Israeli experiment. 28p.
9224 Antzoulatos, Angelos A. Borrowing, saving, and aggregate
dynamics: an international comparison. 37p.
PAGE 59
9223 Economides, Nicholas. Hotelling's "Main Street" with more
than two competitors. 34p.
9225 Backus, David K., Kehoe, Patrick J. & Kydland, Finn E.
Relative price movements in dynamic general equilibrium
models of international trade. 41p.
9226 Greene, William. The econometric aproach to efficiency
measurement. 76p.
9227 Greene, William H., Knapp, Laura G. & Seaks, Terry G.
Estimating the functional form of the independent variables
in probit models. 9p.
9231 Economides, Nicholas S. & Woroch, Glenn A. Benefits and
pitfalls of network interconnection. 39p.
9229 Greene, William H. A statistical model for credit scoring.
38p.
9230 White, Lawrence J. & Rothschild, Michael. Some simple
analytics of the pricing of higher education. 15p.
9228 Yang, Jiawen. Exchange rate pass-through in U.S.
manufacturing industries. 33p.
UNIVERSITY OF NORTH CAROLINA. Department of Economics.
92-3 Fried, Harold O., Lovell, C.A. Knox & Vanden Eeckaut,
Philippe. Evaluating the performance of U.S. credit unions.
25p.
92-2 Lovell, C.A.Knox. Measuring the macroeconomic performance
of the Taiwanese economy. 25p.
92-4 Lovell, C.A. Knox & Vanden Eeckaut, Philippe. Frontier
tales: data envelopment analysis and free disposal hull
analysis. 20p.
92-1 Salemi, Michael K. A dynamic factor model approach to
estimating the natural rate of unemployment and the Phillips
curve. 48p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
974 Arnott, Richard, de Palma, Andre & Lindsey, Robin.
Information and usage of congestible facilities under free
access. 88p.
978 Cohen, Gail. Credit cards and buyer price protection. 33p.
977 McAfee, R. Preston & Vincent, Daniel. Updating the reserve
price in common value auctions. 13p.
984 Aragones, Enriqueta. A solution to the envy-free selection
problem in economies with indivisible goods. 44p.
990 Deneckere, Raymond & Peck, James. Competition over price
and service rate when demand is stochastic: a strategic
analysis. 31p.
987 Gilboa, Itzhak. Why the empty shells were not fired: a
semi-bibliographical note. 12p.
985 Gilboa, Itzhak & Schmeidler, David. Additive
representations of non-additive measures and the Choquet
integral. 33p.
986 Gilboa, Itzhak & Schmeidler, David. Canonical
representation of set functions. 30p.
981 Kalai, Ehud & Lehrer, Ehud. Subjective equilibrium in
repeated games. 26p.
PAGE 60
983 Kalai, Ehud & Lehrer, Ehud. Weak and strong merging of
opinions. 17p.
982 Mortenson, Dale & Pissarides, Christopher. The cyclical
behavior of job creation and job destruction. 32p.
979 Saari, Donald G. Symmetry extensions of "neutrality" II:
partial ordering of dictionaries. 30p.
980 Boldrin, Michele & Montrucchio, Luigi. Acyclicity and
dynamic stability: generalizations and applications. 27p.
988 Ferreira, J.L., Gilboa, I. & Maschler, M. Credible
equilibria in games with utilities changing during the play.
42p.
994 Gilboa, Itzhak & Schmeidler, David. Case-based decision
theory. 56p.
991 Legros, Patrick & Matthews, Steven A. Efficient and nearly
efficient partnerships. 19p.
999 Manelli, Alejandro & Vincent, Daniel R. Optimal procurement
mechanisms. 26p.
992 Matthews, Steven A. & Postlewaite, Andrew. On modeling
cheap talk in Bayesian games. 22p.
1000 Myerson, Roger B. Incentives to cultivate special interest
groups under alternative electoral systems. 47p.
1002 Neeman, Zvika. On determining the importance of attributes
with a stopping problem. 31p.
997 Page, Scott E., Kollman, Ken & Miller, John H. Political
parties and electoral landscapes. 35p.
996 Reed, Randal. An analysis of post-product development
market research and its effect on firms and consumers. 21p.
993 Rietz, Thomas A. Implementing and testing risk preference
induction mechanisms in experimental sealed bid auctions.
15p.
989 Rubinstein, Ariel & Wolinsky, Asher. A remark on infinitely
repeated extensive games. 7p.
995 Rustichini, Aldo, Satterthwaite, Mark A. & Williams, Steven
R. Convergence to efficiency in a simple market with
incomplete information. 43p.
1001 Swinkels, Jeroen M. Adjustment dynamics and rational play
in games. 34p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
2/92 Christiansen, Vidar, Hagen, Kare P. & Sandmo, Agnar. The
scope for taxation and public expenditure in an open
economy. 31p.
1/92 Mathiesen, Lars. On modelling real investments in static
equilibrium models. 14p.
3/92 Haaland, Jan I. & Wooton, Ian. Market integration,
competition, and welfare. 28p.
4/92 Salvanes, Kjell G. & Steen, Frode. Fishing: rational
behavior or just luck?. 31p.
5/92 Steigum, Erling. Accounting for long-run effects of fiscal
policy by means of computable overlapping generations
models. 36p.
7/92 Asheim, Geir B. & Nilssen, Tore. Insurance market
competition through guaranteed utility levels, I: the
committment case. 24p.
PAGE 61
8/92 Asheim, Geir B. & Nilssen, Tore. Insurance market
competition through guaranteed utility levels, II: the
renegotiation case. 26p.
6/92 Manne, Alan S. & Mathiesen, Lars. The impact of unilateral
OECD carbon taxes upon the location of aluminum smelting.
22p.
12/92 Orvedal, Linda. Trade policy as entry deterrence. 32p.
11/92 Sandmo, Agnar. Gary Becker's contributions to economics.
25p.
10/92 Sandmo, Agnar. Optimal redistribution when tastes differ.
22p.
9/92 Steigum, Erling & Thogersen, Oystein. Petroleum wealth,
debt policy and intergenerational welfare: the case of
Norway. 26p.
OHIO STATE UNIVERSITY. Department of Economics.
92-2 Parsons, Donald O. Reputational bonding of job performance:
the wage consequences of being fired. 40p.
92-1 Parsons, Donald O. & Cho, Woo H. Wage expectations in the
current job: consequences for quit behavior. 29p.
92-3 Aizpurua, Jose Maria, et al. Similarity and preferences in
the space of simple lotteries. 14p.
92-4 Boal, William M. The unionization of West Virginia coal,
1900-1935: a chronology. 45p.
92-5 Cecchetti, Stephen G. The stock market crash of 1929. 10p.
92-6 Ichiishi, Tatsuro & Idzik, Adam. Bayesian cooperative
choice of strategies. 16p.
92-7 Crucini, Mario J. Country size and economic fluctuations.
34p.
92-8 Crucini, Mario J. Price deflation and real tariff rates:
the United States, 1900 to 1940. 38p.
92-9 Ichiishi, Tatsuro. Cooperative nature of the firm:
narrative. 48p.
9211 Glazer, Amihai, Mumy, Gene & Niskanen, Esko. Integration,
segregation, and discrimination in clubs. 20p.
9210 Mumy, Gene & Niskanen, Esko. The impact of distributional
objectives on the toll and capacity of a congestible
facility. 19p.
9213 Choi, In. Asymptotic distributions of the conditional
nonlinear least squares estimates for noninvertible MA(1)
processes. 10p.
9216 Choi, In. Asymptotic normality of the instrumental variable
estimates for ARIMA (p,m,q) processes. 7p.
9215 Choi, In. Effects of data agrregation on the power of tests
for a unit root: a simulation study. 5p.
9214 Choi, In. Residual based tests for the null of stationarity
with applications to U.S. macroeconomic time series. 21p.
9212 Choi, In. Strong consistency of the conditional nonlinear
least squares estimates for noninvertible MA(1) processes.
14p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
260 Neary, Hugh M. Some general equilibrium aspects of a
labour-managed economy with monopoly elements. 20p.
PAGE 62
263 Tsuneki, Atsushi. A general theorem on tariff
harmonization. 6p.
262 Tsuneki, Atsushi. Project evaluation rules for the
provision of public goods reconsidered. 35p.
261 Yoshida, Atsushi. Reasonableness of risk premium: a study
of the term structure with risk premium of Japan. 18p.
267 Eaton, Jonathan & Ono, Yoshiyasu. Tariff wars, retaliation,
and managed trade. 36p.
265 Hatta, Tatsuo. The Nakasone-Takeshita tax reform: a
critical evaluation. 12p.
266 Konishi, Hideki. Tariffs, quotas, and leveling the playing
field. 23p.
264 Ono, Yoshiyasu & Ikeda, Shinsuke. Fiscal policy,
international wealth distribution, and welfare. 19p.
268 Iritani, Jun & Kuga, Kioshi. On proportional taxation -
existence of equilibrium and efficiency. 32p.
272 Ariga, Kenn, et al. Corporate hierarchy, promotion and firm
growth: Japanese internal labor market in transition. 51p.
270 Chuma, Hiroyuki. Intended bequest motives, savings and life
insurance demand. 36p.
271 Horioka, Charles Y. The determinants of Japan's household
saving rate: a cointegration analysis. 18p.
273 Sheard, Paul. Keiretsu and closedness of the Japanese
market: an economic appraisal. 56p.
276 Horioka, Charles Y. The impact of capital gains on
household consumption and saving in Japan: a cointegration
analysis. 29p.
282 Ohtake, Fumio & Tracy, Joseph. The determinants of labor
disputes in Japan: a comparison with the U.S. 36p.
278 Ohtake, Fumio & Ohkusa, Yasushi. Testing the matching
hypothesis: the case of professional baseball in Japan with
comparisons to the U.S.. 18p.
280 Kamiya, Kazuya & Talman, Dolf. Solving the linear
stationary point problem on polytopes. 19p.
279 Lahiri, Sajal & Ono, Yoshiyasu. R & D, market share and
welfare. 13p.
277 Ono, Yoshiyasu. Stock boom and flow stagnation under wealth
preference. 17p.
283 Sheard, Paul. Long-term horizons and the Japanese firm.
25p.
281 Sheard, Paul. Stable shareholdings, corporate governance,
and the Japanese firm. 47p.
284 Tsuneki, Atsushi. Pareto-improving changes of tariffs and
taxes. 16p.
275 Yoshida, Atsushi. A test for heteroskedasticity in two
error components models. 15p.
UNIVERSITY OF OTTAWA. Department of Economics.
9202 LaCasse, Chantale & Plourde, Andre. Towards an operational
definition of security of oil supply. 15p.
9201 Lavoie, Marc. The Kaleckian model of growth and
distribution and its neo-Ricardian and neo-Marxian
critiques. 38p.
PAGE 63
9203 Seccareccia, Mario. Credit-money and cyclical crises: the
views of Hayek and Fisher compared. 36p.
9206 Bougrine, Hassan. Capital intensity, output growth and
regional disparities in labor productivity. 48p.
9205 Bougrine, Hassan. Regional disparities and capital
formation: an empirical analysis of Canadian regional
investment (1961-90). 37p.
9210 Corriveau, Louis. Entrepreneurs, growth and cycles. 42p.
9208 Lavoie, Marc, Grenier, Gilles & Coulombe, Serge. Why are
performance differentials and stacking in professional
hockey better explained by discrimination than by st. 30p.
9209 Seccareccia, Mario. Immigration from the British Isles and
Canada's labour-surplus economy during the mid-19th century.
32p.
9204 Seccareccia, Mario. On the possible origins of Keynes'
policy radicalism in the General Theory. 30p.
9211 Bougrine, Hassan. Optimal allocation of investment and
regional growth. 24p.
9212 Bougrine, Hassan. The role of capital formation in economic
disparities among Canadian regions: 1961-1990. 28p.
9214 Lavoie, Marc. Interest rates and Kaleckian growth models.
29p.
9213 Lavoie, Marc & Leonard, Wilbert M. In search of an
alternative explanation of stacking in baseball: the
uncertainty hypothesis. 18p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9201 Mailath, George, Samuelson, Larry & Swinkels, Jeroen M.
Normal form structures in extensive form games. 34p.
9206 Kandori, Michihiro & Rob, Rafael. Evolution of equilibria
in the long run: a general theory and applications. 73p.
9202 Lach, Saul & Rob, Rafael. R & D, investment and industry
dynamics. 34p.
9203 Rob, Rafael. Sales, uncertainty and the determinants of
investment. 47p.
9205 Allen, Beth. Incentives in market games with asymmetric
information: approximate (NTU) cores in large economies.
16p.
9207 Lagunoff, Roger D. Committing to a mechanism: resilent
allocation rules for bilateral trade. 39p.
9208 Mailath, George J. JET symposium on evolutionary game
theory: introduction. 21p.
9209 Morris, Stephen. When does information lead to trade?:
trading with heterogeneous prior beliefs and asymmetric
information. 38p.
9210 Younes, Yves. Towards a theory of incentive compatibility
for economies with incomplete market stucture. 49p.
9211 Allen, Beth. Incentives in market games with asymmetric
information: the value. 21p.
9204 Allen, Beth. Market games with asymmetric information: the
private information core. 17p.
9213 Allen, Franklin, Morris, Stephen & Postlewaite, Andrew.
Finite bubbles with short sale constraints and asymmetric
information. 25p.
PAGE 64
9212 Glomm, Gerhard & Lagunoff, Roger D. On the social stability
of conditional property rights regimes. 37p.
9214 Williamson, Steve & Wright, Randall. Barter and monetary
exchange under private information. 38p.
9215 Allen, Beth. Market games with asymmetric information: the
core with finitely many states of the world. 28p.
9216 Choo, In-Koo & Matsui, Akihiko. Induction and bounded
rationality in repeated games. 28p.
9218 Cho, In-Koo & Matsui, Akihiko. Learning and the Ramsey
policy. 27p.
9217 Morris, Stephen. Dynamic consistency and the value of
information. 22p.
9220 Hayashi, Fumio & Matsui, Akihiko. Fiat money, barter, and
optimal monetary policy with capital. 36p.
9221 Matthews, Steven A. & Postlewaite, Andrew. On modeling
cheap talk in Bayesian games. 22p.
9222 Morris, Stephen. Acceptance games and protocols. 26p.
9223 Morris, Stephen. The re-sale premium for assets in general
equilibrium. 14p.
9224 Morris, Stephen. Revising beliefs and knowledge: a
generalization of Blackwell's theorem. 34p.
9226 Glomm, Gerhard & Lagunoff, Roger D. Inequality and the
social stability of economies with collective property
rights. 24p.
9225 Lagunoff, Roger D. Sufficiently specialized economies have
non-empty cores. 20p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
38 Correia, Isabel H. External debt and economic growth. 35p.
37 Correia, Isabel H., Neves, Joao L. & Rebelo, Sergio.
Business cycles from 1850 to 1950: new facts about old data.
38p.
36 Rebelo, Sergio. Growth in open economies. 53p.
39 Rebelo, Sergio. Inflation in fixed exchange rates regimes:
the recent Portuguese experience. 31p.
PRINCETON UNIVERSITY. Industrial Relations Section.
293 Anderson, Patricia M. Linear adjustment costs and seasonal
labor demand: unemployment insurance experience rating in
retail trade. 38p.
294 Card, David & Olson, Craig A. Bargaining power, strike
durations, and wage outcomes: an analysis of strikes in the
1880's. 45p.
297 Card, David & Riddell, W. Craig. A comparative analysis of
unemployment in Canada and the United States. 64p.
298 Katz, Lawrence F. & Krueger, Alan B. The effect of the
minimum wage on the fast food industry. 30p.
295 Currie, Janet & Farber, Henry S. Is arbitration addictive?:
evidence from the laboratory and the field. 12p.
296 Olson, Craig A. Arbitrator decision making in multi-issue
disputes. 13p.
301 Boozer, Michael A., Krueger, Alan B. & Wolkon, Shari. Race
and school quality since Brown v. Board of Education. 80p.
PAGE 65
300 Card, David. Using regional variation in wages to measure
the effects of the federal minimum wage. 34p.
302 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
The Carnegie conjecture: some empirical evidence. 30p.
299 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
Entrepreneurial decisions and liquidity constraints. 37p.
304 Ashenfelter, Orley & Krueger, Alan. Estimates of the
economic return to schooling from a new sample of twins.
33p.
303 de la Rica, Sara. Displaced workers in mass layoffs:
pre-displacement earnings losses and the unions effect.
31p.
306 Farber, Henry S. & Krueger, Alan B. Union membership in the
United States: the decline continues. 39p.
305 Olson, Craig A. The impact of permanent job loss on health
insurance benefits. 35p.
308 Farber, Henry S. The analysis of inter-firm worker
mobility. 63p.
307 Krueger, Alan B. & Pischke, Jorn-Steffen. A comparative
analysis of East and West German labor markets: before and
after unification. 71p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
186 Giustiniani, Alessandro, Papadia, Francesco & Porciani,
Daniella. Growth and catch-up in Central and Eastern
Europe: macroeconomic effects on Western countries. 43p.
187 Fratianni, Michele, von Hagen, Jurgen & Waller, Christopher.
The Maastrict way to European monetary unification. 45p.
PRINCETON UNIVERSITY. International Finance Section-Special Papers
17 Pomfret, Richard. International trade policy with imperfect
competition. 63p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
72 von Furstenberg, George M. & Daniels, Joseph P. Economic
summit declarations, 1975-1989: examining the written record
of international cooperation. 55p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
161 Cuevas, Alfredo. The invisible grip of anti-dumping laws: a
model of `reciprocal anti-dumping' enforcement. 33p.
160 Yanagawa, Noriyuki & Grossman, Gene M. Asset bubbles and
endogenous growth. 18p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Prog. in Development.
157 Besley, Timothy, Coate, Stephen & Loury, Glenn. The
economics of rotating savings and credit associations. 37p.
156 Deaton, Angus. Saving and income smoothing in Cote
d'Ivoire. 28p.
PAGE 66
158 Guinnane, Timothy W. & Miller, Ronald I. Bonds without
bondsmen: tenant-right in 19th century Ireland. 34p.
159 Besley, Timothy. Monopsony and time-consistency:
sustainable pricing policies for perennial crops. 22p.
164 Alderman, Harold & Paxson, Christina H. Do the poor
insure?: a synthesis of the literature on risk and
consumption in developing countries. 42p.
160 Banerjee, Abhijit, Besley, Timothy & Guinnane, Timothy W.
Thy neighbor's keeper: the design of a credit cooperative,
with theory and evidence. 27p.
162 Besley, Timothy. How do market failures justify
intervention in rural credit markets?. 37p.
163 Besley, Timothy, Coate, Stephen & Loury, Glenn. On the
allocative performance of rotating savings and credit
associations. 30p.
161 Deaton, Angus & Paxson, Christina H. Saving, growth, and
aging in Taiwan. 43p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1020 Ali, Abdul, Kalwani, Manohar U. & Kovenock, Dan. Selecting
product development projects: pioneering versus incremental
innovation strategies. 32p.
1019 Caballe, Jordi & Krishnan, Murugappa. Insider trading and
asset pricing in an imperfectly competitive multi-security
market. 22p.
1017 Cooper, Arnold C. Challenges in predicting new firm
performance. 21p.
1018 Cooper, Arnold C., et al. Entrepreneurs' exit decisions:
the role of threshold expectations. 21p.
1021 Joseph, Kissan & Kalwani, Manohar U. Do bonus payments help
enhance salesforce retention?. 16p.
UNIVERSITE DU QUEBEC. Centre de Recherche sur les Politiques Econ.
81 Ambler, Steven & Paquet, Alain. The government as engine of
growth and of cyclical fluctuations. 25p.
83 Brouillette, Lilane, Felteau, Claude & Lefebvre, Pierre.
Fertility and work: estimated responses to taxes and
transfers in a polychotomous choice model. 33p.
UNIVERSITE DU QUEBEC A MONTREAL. Dept. des Sciences Economiques.
82 Van Audenrode, Marc A. Seniority rules for layoffs and
efficiency wages. 27p.
9211 Al-Najjar, Nabil. The Coase conjecture in markets with a
finite number of consumers. 8p.
9212 Al-Najjar, Nabil. Strategically stable equlibria in games
with infinitely many pure strategies. 19p.
9210 Bian, Jiang & Gaudet, Gerard. Anti-dumping laws and
oligopolistic trade. 22p.
9209 Desruelle, Dominique, Gaudet, Gerard & Richelle, Yves.
Complementarity, coordination and compatibility: an analysis
of the economies of systems. 42p.
PAGE 67
9207 Dostaler, Gilles. Milton Friedman and the Keynesian
revolution. 23p.
9206 Harchoui, Tarek M. & Lasserre, Pierre. Testing the impact
of taxation on capacity choice: a "putty-clay" approach with
uncertainty. 39p.
9208 Mohnen, Pierre. International R & D spillovers in selected
OECD countries. 49p.
9205 Ouellette, Pierre & Paquet, Alain. Inflation uncertainty
and the cost of inflation. 29p.
9213 Al-Najjar, Nabil. A theory of forward induction in finitely
repeated games. 27p.
9216 Demougin, Dominique & Sinn, Hans-Werner. Privatization,
risk-taking, and the Communist firm. 34p.
9215 Fortin, Pierre. Where we were, where we are: the first
eight CEA meetings and the last four. 31p.
9214 Leonard, Robert J. Reading Cournot, reading Nash or the
emergence and stabilization of the Nash equilibrium. 31p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
842 Hanley, Nick. Efficiency and distributional aspects of
market mechanisms in the control of pollution: an empirical
analysis. 31p.
848 Hanley, Nick & Munro, Alistair. The effects of information
in contingent markets for environmental goods: a survey and
some new evidence. 40p.
849 Hanley, Nick & Ruffell, Robin. The valuation of forest
characteristics. 52p.
851 Bhattacharya, Sugato & Lipman, Barton L. Ex ante versus
interim rationality and the existence of bubbles. 45p.
850 Farazli, Jeannine M. Risk premia in the sovereign loan
market. 32p.
852 Lipman, Barton L. & Seppi, Duane J. Partial provability in
communication games. 49p.
854 Arthur, W. Brian. On learning and adaptation in the
economy. 27p.
853 Boadway, Robin & Pestieau, Pierre. Towards a theory of the
direct-indirect tax mix. 19p.
855 Ferrall, Christopher. Earnings inequality within and
between levels of responsibility in engineering. 33p.
857 Hartwick, John M. A differential R & D duopoly game. 15p.
856 Hartwick, John M. The tragedy of the commons revisited.
18p.
860 Boadway, Robin, Marceau, Nicholas & Marchand, Maurice.
Investment in education and the time inconsistency of
redistributive tax policy. 24p.
858 Lipman, Barton L. Limited rationality and endogenously
incomplete contracts. 42p.
861 MacKinnon, James G. Approximate asymptotic distribution
functions for unit root cointegration tests. 23p.
859 Purvis, Douglas. Economic integration, currency areas, and
macroeconomic policy. 42p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
306 Batista-Gomes, Joao, et al. Health and schooling: evidence
and policy implications for developing countries. 23p.
PAGE 68
311 Jones, Ronald W. Factor scarcity, factor abundance and
attitudes towards protection: the 3 x 3 model. 26p.
312 Jones, Ronald W & Marjit, Sugata. International trade and
endogenous production structures. 27p.
314 Ogaki, Masao. An introduction to the generalized method of
moments. 46p.
313 Marjit, Sugata & Beladi, Hamid. Superior technology and LDC
firms. 13p.
316 Baxter, Marianne & Crucini, Mario. Business cycles and the
asset structure of foreign trade. 51p.
319 Hanushek, Eric, Gomes-Neto, Joao B. & Harbison, Ralph W.
Self-financing educational investments: the quality
imperative in developing countries. 29p.
318 Kwark, Noh-Sun & Rhee, Changyong. Educational wage
differentials in Korea. 42p.
321 Leung, Siu Fai. An economic analysis of the age-crime
profile. 42p.
317 Marjit, Sugata. Non-cooperative, cooperative and delegative
R & D. 12p.
320 Marjit, Sugata. Uniform tariffs in general equilibrium: a
simple model. 12p.
315 Pagan, A.R. & Pak, Y. Testing for heteroskedasticity. 48p.
326 Bencivenga, Valerie, Smith, Bruce & Starr, Ross M.
Liquidity of secondary capital markets: allocative
efficiency and the maturity of the capital stock. 38p.
324 Bomhoff, Eduard J. Four econometric fashions and the Kalman
filter alternative. 44p.
327 Gorton, Gary & Kahn, James. The design of bank loan
contracts, collateral, and renegotiation. 49p.
322 Hansen, Bruce E. Autoregressive conditional density
estimation. 35p.
325 Highfield, Richard A., O'Hara, Maureen & Smith, Bruce. Do
open market operations matter?: theory and evidence from the
Second Bank of the United States. 55p.
328 Jacoby, Hanan & Skoufias, Emmanuel. Risk, seasonality and
school attendance: evidence from rural India. 41p.
323 Leung, Siu Bai. Uncertain lifetime, the theory of the
consumer, and the life cycle hypothesis. 29p.
336 Baxter, Marianne. Financial market linkages and the
international transmission of fiscal policy. 45p.
334 Berliant, Marcus & Dunz, Karl. Existence of equilibrium
with nonconvexities and infinitely many agents. 17p.
330 Chapman, David A. & Ogaki, Masao. Cotrending and the
stationarity of the real interest rate. 6p.
332 Feeney, JoAnne & Jones, Ronald W. Risk aversion and
international markets: does asset trade smooth income?.
26p.
335 Gregory, Allan W. & Hansen, Bruce E. Residual-based tests
for cointegration in models with regime shifts. 47p.
331 Hansen, Bruce E. Regression with non-stationary variances.
46p.
333 Nadeau, Serge J. & Strauss, Robert P. Taxation, financing,
and corporate investment in plant and equipment: a macro
econometric model of corporate real a. 44p.
PAGE 69
329 Thomson, William. Consistent extensions. 18p.
UNIVERSITY OF SAARLAND. Department of Economics.
9201 Romer, Anselm U. & Pommerehne, Werner W. Valuing
environmental goods: Germany and Switzerland. 20p.
SANTA FE INSTITUTE. Economics Research Program.
9201 LeBaron, Blake. Persistence of the Dow Jones index on
rising volume. 42p.
9208 Rust, John, Palmer, Richard & Miller, John H. Behavior of
trading automata in a computerized double auction market.
40p.
9210 Shubik, Martin. Three simple experimental games. 6p.
9248 Lane, David A. Artificial worlds and economics. 62p.
UNIVERSITY OF SASKATCHEWAN. Department of Economics.
91-7 Echevarria, Cristina. Changing sectoral composition
associated with economic growth. 47p.
91-8 Tolley, Gail, Howe, Eric C. & Stabler, Jack C. The causal
relation between goods and service sector growth in
resource-based economies. 34p.
92-1 Xu, Dianqing. Trends in China's grain trade. 23p.
92-2 Altman, Morris. The relative prosperity of French-Canadian
and non-French Canadian farms in lower Canada, 1851-52.
37p.
92-3 Dooley, Peter C. Petty's theories of rent. 22p.
92-4 Haug, A.A. & Lucas, R.F. Long-run money demand in Canada:
in search of stability. 32p.
92-6 Dooley, Peter C. John Locke and the classical perspective
on value and rent. 19p.
92-5 Echevarria, Cristina. Agricultural development versus
industrialization: effects of trade. 39p.
92-7 Howe, Eric C. Measures of aggregation bias of input-output
models are inappropriate. 11p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Finance & Business Eco
9216 Imrohoroglu, Ayse, Imrohoroglu, Selahattin & Joines,
Douglas. A dynamic stochastic general equilibrium analysis
of social security. 18p.
STANFORD UNIVERSITY. Institute for Theoretical Economics.
42 Arrow, Kenneth J. Does a good place value news?. 15p.
41 Blume, Lawrence & Easley, David. Wealth dynamics and the
market selection hypothesis. 21p.
43 Brown, Donald J. & Werner, Jan. Arbitrage and existence of
equilibrium in infinite asset markets. 21p.
47 Durlauf, Steven N. A theory of persistent income
inequality. 45p.
44 Litwack, John. Dynamic regulation, demand information and
market prices. 31p.
PAGE 70
45 Starrett, David. Land ownership and development incentives:
the capitalization externality. 35p.
46 Starrett, David. On the social costs of global crowding.
31p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
506 Horn, Henrik, Lang, Harald & Lundgren, Stefan. Competition,
long run contracts and internal inefficiencies in firms.
42p.
494 Lindbeck, Assar & Snower, Dennis J. Price inertia and
production lags. 29p.
496 Lindberg, Hans & Soderlind, Paul. Target zone models and
the intervention policy: the Swedish case. 43p.
515 Bentzen, Eric & Sellin, Peter. The intertemporal capital
asset pricing model with returns that follow Poisson
jump-diffusion processes. 21p.
514 Gylfason, Thorvaldur. Output gains from economic
liberalization: a simple formula. 29p.
511 Hamilton, Carl B. & Winters, L. Alan. Opening up
international trade in Eastern Europe. 66p.
516 Ljungqvist, Lars. Asymmetric information: a rationale for
firms' hedging and speculation. 18p.
512 Ljungqvist, Lars. Economic development, wage structure and
implicit insurance on human capital. 22p.
513 Lopez-de-Silanes, Florencio, Markusen, James R. &
Rutherford, Thomas F. Trade policy for imported
intermediate inputs: a theoretical and applied general
equilibrium analysis. 25p.
518 Persson, Torsten. Politics and economic policy. 20p.
519 Persson, Torsten & Tabellini, Guido. Federal fiscal
constitutions, part I: risk sharing and moral hazard. 37p.
517 Rebelo, Sergio. Inflation in fixed exchange rate regimes:
the recent Portuguese experience. 31p.
STATE UNIVERSITY OF NEW YORK AT STONY BROOK. Inst. for Decision Sc
28 Hillas, John. Sequential equilibria and stable sets of
beliefs. 32p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
2/92 Bebchuk, Lucian A. & Fershtman, Chaim. The effects of
insider trading on insiders' effort in good and bad times.
22p.
6/92 Bufman, Gil & Leiderman, Leonardo. Currency substitution
under non-expected utility: some empirical evidence. 28p.
3/92 Church, Jeffrey & Gandal, Neil. Integration, complementary
products and variety. 28p.
7/92 Fishman, Arthur & Gandal, Neil. Experimentation in a
duopoly. 10p.
4/92 Fishman, Arthur & Rob, Rafael. The durability of
information, market efficiency and the size of firms: search
with repeated transactions. 25p.
PAGE 71
5/92 Piccione, Michele & Rubinstein, Ariel. Fininte automata
play a repeated extensive game. 18p.
10/92 Fishman, Arthur. The informative role of prices in markets
with endogenously informed buyers. 26p.
11/92 Sadka, Efraim. International capital flows: efficiency of
savings and investments. 11p.
8/92 Shy, Oz. A welfare evaluation of anti-dumping rules. 20p.
19/92 Berglas, Eitan & Pines, David. Transaction costs in a
Tiebout setup. 26p.
16/92 Bresnahan, Timothy F. & Trajtenberg, Manuel. General
purpose technologies: "engines of growth?". 40p.
13/92 Eckstein, Zvi & Wolpin, Kenneth I. Duration to first job
and the return to schooling: estimates from a search -
matching model. 40p.
20/92 Fishelson, Gideon. Endowment effect and market effect:
revisited. 14p.
12/92 Helpman, Elhanan. Innovation, imitation, and intellectual
property rights. 51p.
17/92 Helpman, Elhanan & Leiderman, Leonardo. Israel's exchange
rate band. 73p.
14/92 Jaffe, Adam, Trajtenberg, Manuel & Henderson, Rebecca.
Geographic localization of knowledge spillovers as evidenced
by patent citations. 39p.
18/92 Gandal, Neil. Hedonic price indexes for spreadsheets and an
empirical test of the network externalities hypothesis.
22p.
15/92 Trajtenberg, Manuel, Henderson, Rebecca & Jaffe, Adam.
Ivory tower versus corporate lab: an empirical study of
basic research and appropriability. 49p.
TEL-AVIV UNIVERSITY. Sackler Institute of Economic Studies.
2/92 Gandal, Neil & Sussman, Nathan. Tickling the tolerance:
incentives for producing low quality coins in French
medieval mints. 25p.
1/92 Karni, Edi & Schmeidler, David. On the uniqueness of
subjective probabilities. 20p.
6/92 Bufman, Gil & Leiderman, Leonardo. Simulating an optimizing
model of currency substitution. 29p.
7/92 Rubinstein, Ariel. On the interpretation of two theoretical
models of bargaining. 18p.
4/92 Rubinstein, Ariel & Wolinsky, Asher. A remark on infinitely
repeated extensive games. 7p.
3/92 Weiss, Yoram. Inflation and price adjustment: a survey of
findings from micro data. 25p.
5/92 Pessach, Sula & Razin, Assaf. Targeting the exchange rate
under inflation. 17p.
11/92 Razin, Assaf & Sadka, Efraim. International migration and
international trade. 49p.
8/92 Fishelson, Gideon. Backstop technology for an exhaustible
resource: a new look at an old problem. 24p.
9/92 Fishelson, Gideon. Imperfect competition in a market of an
exhaustible resource. 21p.
10/92 Shy, Oz. A welfare evaluation of comparison advertising.
21p.
PAGE 72
UNIVERSITY OF TOKYO. Faculty of Economics.
92-6 Horiuchi, Akioyoshi & Okazaki, Ryoko. Capital markets and
the banking sector: the efficiency of Japanese banks in
reducing agency costs. 42p.
92-5 Itoh, Motoshige & Hatanaka, Kaori. Access to the Japanese
market by Asian countries: a case study of the wool textile
industry. 27p.
92-1 Iwami, Toru. Japan's experiences under the Bretton Woods
system: capital controls and the fixed exchange rate. 42p.
92-3 Kaizuka, Keimei. Japanese financial market reform. 15p.
92-2 Kanemoto, Yoshitsugu. On the `lock-in' effects of capital
gains taxation. 27p.
92-4 Okazaki, Tetsuji. The Japanese firm under the wartime
planned economy. 64p.
92-7 Kunitomo, Naoto. Tests of unit roots hypotheses in
econometric models. 41p.
92-9 Kandori, Michihiro & Rob, Rafael. Evolution of equilibria
in the long run: a general theory and applications. 45p.
92-8 Miwa, Yoshiro. The retail market for wool products: the
case of men's suits in Japan. 37p.
UNIVERSITY OF TORONTO. Department of Economics.
9205 Abouchar, Alan. The demise of the USSR: "The decline of the
Soviet economy" and "Perestroika". 12p.
9207 Abouchar, Alan. Time and cost remedying the inadequacies of
the received wisdom. 24p.
9206 Bregman, Arie, Fuss, Melvyn & Regev, Haim. The production
and cost structure of Israeli industry: evidence from
individual firm data. 53p.
9203 Denny, M. Alternative estimates of productivity in Japanese
manufacturing industries. 30p.
9208 Epstein, Larry G. & LeBreton, Michel. Dynamically
consistent beliefs must be Bayesian. 35p.
9210 Fuss, Melvyn A. Economic evidence on scale, scope, and the
presence of natural monopoly: what can it tell us about the
desirability. 29p.
9202 Gaston, Noel & Trefler, Daniel. Protection, trade, and real
wages: some evidence. 42p.
9201 Sawyer, John A. Dynamic specification of consumption
functions: an exploration with Canadian data. 34p.
9204 Wooders, Myrna H. Equivalence of effective small groups and
perfect competition. 27p.
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
92-3 Majerus, David W. Durable goods monopoly with a finite but
uncertain number of consumers. 15p.
92-2 Pittman, Russell. Merger law in central and Eastern Europe.
17p.
92-1 Werden, Gregory J. Market delineation under the merger
guidelines: a tenth anniversary retrospective. 27p.
PAGE 73
92-4 Van Siclen, Sally J. A practical analysis of the economics
of demonopolization. 30p.
92-5 Vistnes, Gregory S. Strategic alliances, cliques, and
competition in markets with network goods. 32p.
92-6 Vistnes, Gregory S. Interval contracts. 21p.
92-7 Raskovich, Alexander & Froeb, Luke. Has competition failed
in the credit card market?. 13p.
92-8 Werden, Gregory J. The history of antitrust market
delineation. 71p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9203 Brugiavini, Agar. Uncertainty resolution and the timing of
annuity purchases. 34p.
9201 Mossetto, Gianfranco. Arts as a public good: an analysis of
consumer demand. 45p.
9205 Gottardi, Piero. An analysis of the conditions for the
validity of Modigliani-Miller theorem with incomplete
markets. 44p.
9206 Gottardi, Piero. On stationary monetary equilibria in
overlapping generations models with incomplete markets.
46p.
9204 Gottardi, Piero. On the non neutrality of money with
incomplete markets. 32p.
9207 Mossetto, Gianfranco. Aesthetics and economics: a social
choice approach. 27p.
9208 Mossetto, Gianfranco. Culture and environmental waste: an
economic approach. 15p.
9209 Mossetto, Gianfranco. Why have economists been concerned
with the arts?. 25p.
9213 Brunello, Giorgio & Scaramozzino, Pasquale. Mark-ups in the
product and in the labour markets: the Baumol model
revisited. 39p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9201 King, Ian. Ponzi games, dynamic inefficiency and endogenous
growth. 14p.
9203 King, Ian & Church, Jeffrey. Languages as communication
technologies. 16p.
9207 King, Ian, McAfee, Preston & Welling, Linda. Industrial
blackmail: dynamic tax competition and public investment.
26p.
9202 King, Ian, McAfee, R. Preston & Welling, Linda. Investment
decisions under first and second price auctions. 8p.
9208 Kennedy, Peter. Limited rationality and organization
design. 35p.
9214 Chua, Dale H., Kennedy, Peter & Laplante, Benoit. Industry
structure and compliance with environmental standards. 10p.
9215 Ferguson, Donald G. & Zhang, Anming. Strategic labour
contracts. 31p.
9213 Coy, Peter, Schofield, John A. & Nield, James A.
Comparative costs of out-patient lung cancer management.
36p.
PAGE 74
UNIVERSITY OF VIENNA. Department of Economics.
9204 Fehr, Ernst, Kirchsteiger, Georg & Riedl, Arno. Involuntary
unemployment in the laboratory: an experimental
investigation of the efficiency wage hypothesis. 52p.
9205 Neudeck, Werner & Podczeck, Konrad. Cream-skimming and
adverse selection in health insurance markets. 17p.
9201 Neusser, Klaus. Savings, social security, and bequests in
an OLG model: a simulation exercise for Austria. 38p.
9203 Orosel, Gerhard O. Information, volatility and welfare in
an overlapping generations model of the stock market. 30p.
9202 Sorger, Gerhard. On the sensitivity of optimal growth
paths. 23p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
230 Olsen, E.O. Is rent control good social policy. 25p.
231 Epps, T.W. On a property of minimum-variance estimators.
8p.
232 Glomm, Gerard & Ravikumar, B. Public and private provision
of education under majority voting. 36p.
239 Glomm, Gerhard & Ravikumar, B. Endogenous growth in a model
with heterogeneous agents and public education. 47p.
237 Glomm, Gerhard & Ravikumar, B. Public investment in
infrastructure in a simple growth model. 26p.
236 Stern, Steven & Todd, Petra. A test of Lazear's mandatory
retirement model. 22p.
240 Stern, Steven. Discrete choice models with unobserved
heterogeneity: demand for transportation by elderly &
disabled people. 54p.
241 Anderson, Simon P. & Engers, Maxim. Shopping, shipping, and
spatial competition with price taking firms. 33p.
242 Fischer, Ronald D. & Serra, Pablo. Growth, trade and the
distribution of human capital. 24p.
243 Fischer, Ronald D. & Serra, Pablo. Income inequality and
choice of free trade. 16p.
244 Fischer, Ronald D. & Serra, Pablo. Trade in an endogenous
growth model. 24p.
245 Glomm, Gerhard & Ravikumar, B. Competitive equilibrium and
optimal public investment plans in a growth model. 24p.
UNIVERSITY OF WARWICK. Department of Economics.
390 Cowling, Keith & Naylor, Robin. Norms, sovereignity and
regulation. 27p.
392 Gatrell, Peter & Harrison, Mark. The Russian and Soviet
economies in two world wars: a comparative view. 49p.
393 Broadberry, S.N. Manufacturing and the convergence
hypothesis: what the long run data show. 38p.
394 Krugman, Paul & Miller, Marcus. Why have a target zone?.
62p.
396 Femminis, Gianluca. Endogenous growth and overlapping
generations in a model of monopolistic competition with
deterred entry. 29p.
PAGE 75
395 Stewart, Geoff. Capitalists and workers: knowledge and the
strategic role of investment within the firm. 31p.
399 Broadberry, S.N. Comparative productivity in British and
American manufacturing during the 19th century. 33p.
398 Smith, Jeremy & McLean, Iain. The U.K. poll tax and the
declining electoral roll: unintended consequences?. 61p.
397 Willner, Johan. Incentives to support the public sector
under oligopoly. 23p.
UNIVERSITY OF WASHINGTON. Institute of Economic Research.
9207 Brown, Gardner M. Hierarchical renewable resource
management when harvesters don't cooperate. 31p.
9205 Bruce, Neil & Wong, Kar-yiu. Moral hazard and government
policy. 25p.
9208 Bruce, Neil. Why are there foreign tax credits?. 21p.
9201 Grinols, Earl L. & Turnovsky, Stephen J. Risk, the
financial market and macroeconomic equilibrium. 48p.
9206 Kemp, Murray C. & Wong, Kar-yiu. Gains from trade with
overlapping generations. 28p.
9204 Lundberg, Shelly & Startz, Richard. On the persistence of
racial inequality. 36p.
9202 Startz, Richard. Addiction and interdependece: positive and
normative predictions. 21p.
WASHINGTON UNIVERSITY-ST. LOUIS. Center in Political Economy.
164 Schofield, Norman. Political competition in multiparty
coalition governments. 62p.
162 Schofield, Norman. A theory of coalition government in a
spatial model of voting. 56p.
163 Schofield, Norman & Tovey, Craig A. Probability and
convergence for supramajority rule with Euclidean
preferences. 57p.
161 Tovey, Craig A. The almost surely shrinking yolk. 26p.
165 Lorwy, William R. Centralization of policymaking in the
National Park Service. 38p.
167 Olson, Mary. Pharmaceutical expenditure and regulatory
policy in the National Health Service. 25p.
168 Poppo, Laura. Product cost disclosure and renegotiation
costs in profit center and market exchanges: an empirical
test. 36p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
164 Carpenter, Robert E. An empirical investigation of the
financial hierarchy hypothesis: evidence from panel data.
56p.
165 Chirinko, Robert S. & Fazzari, Steven M. Economic
fluctuations, market power, and returns to scale: evidence
from panel data. 59p.
168 Barnett, William A. & Hahn, Jeong Ho. Financial firm
production of monetary services: a generalized symmetric
Barnett variable profit function approach. 30p.
PAGE 76
167 Barnett, William A., et al. Robustness of nonlinearity and
chaos tests to measurement error, inference method and
sample size. 68p.
166 Neuefeind, Wilhelm & Trockel, Walter. Continuous linear
representability for binary relations. 5p.
169 Villagomez, Francisco A. The responsiveness of private
saving to the interest rate in less developed economies:
recent evidence. 36p.
170 Felix, David. Debt crisis adjustment in Latin America: have
the hardships been necessary?. 52p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9201 Laidler, David. Wage and price stickiness in
macroeconomics: an historical perspective. 40p.
9205 Gomme, Paul & Greenwood, Jeremy. On the cyclical allocation
of risk. 30p.
9204 Ho, Wai-Ming. Liquidity, exchange rates, and business
cycles. 47p.
9202 Ludema, Rodney D. & Wooton, Ian. Cross-border externalities
and trade liberalization: the strategic control of
pollution. 20p.
9203 Perry, Motty & Reny, Philip. A non-cooperative view of
coalition formation and the core. 27p.
9207 Costello, Donna M. & Praschnik, J. Are labor shares really
constant?: an international study of the cyclical behavior
of labor shares. 27p.
9209 Kowalczyk, Carsten & Wonnacott, Ronald J. Hubs and spokes,
and free trade in the Americas. 26p.
9206 Laidler, David. Hayek on neutral money and the cycle. 38p.
9208 Praschnik, J. & Costello, Donna M. The role of oil price
shocks in a two-sector, two-country model of the business
cycle. 42p.
9211 Donald, Stephen G. & Paarsch, Harry J. Maximum likelihood
estimation in empirical models of auctions. 69p.
9210 Paarsch, Harry J. A comparison of estimators for empirical
models of auctions. 26p.
9212 Paarsch, Harry J. Empirical models of auctions and an
application to British Columbian timber sales. 64p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9207 Andreoni, James & Bergstrom, Ted. Do government subsidies
increase the private supply of public goods?. 13p.
9204 Baek, Ehung G. & Brock, William A. A nonparametric test for
independence of a multivariate time series. 38p.
9202 Berkowitz, Daniel & Mitchneck, Beth. Fiscal
decentralization in the Soviet economy. 26p.
9201 LeBaron, Blake. Persistence of the Dow Jones Index on
rising volume. 42p.
9208 Loretan, Mico & Phillips, Peter C.B. Testing the covariance
stationarity of heavy tailed time series: an overview of the
theory with applications to sev. 62p.
9205 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Normal form structure in extensive form games. 34p.
PAGE 77
9206 Mirman, Leonard J., Samuelson, Larry & Urbano, Amparo.
Duopoly signal jamming. 37p.
9203 Streufert, Peter A.. A general theory of separability for
preferences defined on a countably infinite product space.
39p.
9212 Che, Yeon-Koo. The economics of collective negotiation:
consolidation of claims by multiple plaintiffs. 31p.
9221 David, Martin H. Systems for metadata: documenting
scientific databases. 10p.
9216 Barham, Bradford, Carter, Michael & Sigelko, Wayne.
Adoption and accumulation patterns in Guatemala's latest
agro-export boom. 33p.
9219 Brock, William A. & Samuelson, Larry. Convergence of
learning schemes on supermodular games. 29p.
9214 Gale, Ian. Price dispersion in a market with advance
purchases. 23p.
9215 Gale, Ian & Hausch, Donald. Bottom-fishing and declining
prices in sequential auctions. 13p.
9211 Holmes, Thomas J. & Schmitz, James A. On the turnover of
business firms and business managers. 49p.
9209 Horowitz, Joel L. & Manski, Charles F. Identification and
robustness in the presence of errors in data. 33p.
9222 LeBaron, Blake. Do moving average trading rules results
imply nonlinearities in foreign exchange markets?. 41p.
9217 Manski, Charles F. Identification problems in the social
sciences. 88p.
9210 Mirman, Leonard J., Samuelson, Larry & Schlee, Edward E.
Strategic information manipulation in duopolies. 28p.
9220 Newey, Whitney K. & West, Kenneth D. Automatic lag
selection in covariance matrix estimation. 44p.
9218 Noldeke, Georg & Samuelson, Larry. The evolutionary
foundations of backward and forward induction. 37p.
9213 Phelamn, Christopher. Incentives, inequality and the
business cycle. 24p.
9223 Shea, John. Union contracts and the life-cycle permanent
income hypothesis. 60p.
WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations)
98 Gazdar, Haris. Rural poverty, public policy and social
change: some findings from surveys of six villages. 64p.
97 Salih, Siddig A. Managing renewable natural capital in
Africa. 17p.
96 Zhukov, Stanislav V. & Vorobyov, Alexander Y. Reforming the
Soviet Union: lessons from structural experience. 68p.
YALE UNIVERSITY. Economic Growth Center.
653 Evenson, Robert E. Two blades of grass: research for U.S.
agriculture. 70p.
651 Mulligan, Casey B. & Sala-i-Martin, Xavier. Transitional
dynamics in two-sector models of endogenous growth. 59p.
655 Barro, Robert J., Mankiw, N. Gregory & Sala-i-Martin,
Xavier. Capital mobility in neoclassical models of growth.
34p.
PAGE 78
654 Buiter, Willem H. Should we worry about the fiscal
numerology of Masstricht?. 29p.
659 Buiter, Willem H. & Kletzer, Kenneth M. Government
solvency, Ponzi finance and the redundancy and usefulness of
public debt. 44p.
656 Engel, Charles & Kletzer, Kenneth M. Distribution of rents
and growth. 29p.
658 Roubini, Nouriel & Sala-i-Martin, Xavier. A growth model of
inflation, tax evasion and financial repression. 39p.
657 Sala-i-Martin, Xavier. Pensions. 58p.
665 Ahn, Namkee & Shariff, Abusaleh. A comparative study of
fertility determinants in Togo and Uganda: a hazard model
analysis. 27p.
664 Buiter, Willem H. & Kletzer, Kenneth. Permanent
international productivity growth differentials in an
integrated global economy: the roles of households,. 38p.
662 Schultz, T. Paul. The relationship between local family
planning expenditures and fertility in Thailand, 1976-81.
42p.
663 Schultz, T. Paul & Tansel, Aysit. Measurement of returns to
adult health: morbidity effects on wage rates in Cote
d'Ivoire and Ghana. 36p.
660 Tansel, Aysit. Cigarette demand, health scares and
education in Turkey. 24p.
661 Tansel, Aysit. Wage employment, earnings and returns to
schooling for men and women in Turkey. 27p.
667 Duraisamy, Palanigounder. Gender, intrafamily allocation of
resources and child schooling in South India. 26p.
672 Hamada, Koichi & Kasuya, Munehisa. The reconstruction and
stabilization of the post-war Japanese economy: possible
lessons for Eastern Europe?. 54p.
666 Sala-i-Martin, Xavier. Public welfare and growth. 32p.
671 Sala-i-Martin, Xavier & Mulligan, Casey B. U.S. money
demand: surprising cross-sectional estimates. 60p.
670 Schultz, T. Paul. The role of education and human capital
in economic development: an empirical assessment. 30p.
669 Thomas, Duncan. The distribution of income and expenditure
within the household. 32p.
668 Thomas, Duncan & Muvanidi, Ityai. The demographic
transition in Southern Africa: another look at the evidence
from Botswana and Zimbabwe. 26p.
YORK UNIVERSITY. Department of Economics.
92-4 Donnenfeld, Shabtai & Weber, Shlomo. Limit qualities and
entry deterrence. 30p.
92-2 Jazari, Nuri T. The statistical foundations of the theory
and practice of index numbers. 58p.
92-1 Kim, Chang-Jin. Unobserved component time series models
with Markov switching heteroskedastic- ity: changes in
regime and links bet. 20p.
92-3 Le Breton, Michel, Owen, Guillermo & Weber, Shlomo.
Strongly balanced cooperative games. 10p.
92-6 Shum, Pauline. Taxes and capital structure choice: some
Canadian evidence. 45p.
PAGE 79
92-5 Weber, Shlomo. An equilibrium in electoral competition with
entry costs. 30p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
806 Choi, In & Phillips, Peter C.B. Asymptotic and finite
sample distribution theory for IV estimators and tests in
partially identified structural equ. 0p.
808 Nordhaus, William D. The ecology of markets. 0p.
809 Matzkin, Rosa L. Nonparametric and distribution-free
estimation of the binary threshold crossing and binary
choice models. 0p.
810 Andrews, Donald W.K. Generic uniform convergence. 0p.
812 Shubik, MArtin & Tsomocos, Dimitrios. A strategic market
game with a mutual bank with fractional reserves and
redemption in gold (a continuum of traders). 0p.
814 Andrews, Donald W.K. & Monahan, J. Christopher. An improved
heteroskedasticity and autocorrelation consistent covariance
matrix estimator. 0p.
811 Andrews, Donald W.K. & Zivot, Eric. Further evidence on the
Great Crash, the oil price shock, and the unit root
hypothesis. 0p.
813 Zhou, Lin. Strictly fair allocations in large exchange
economies. 0p.
819 Brandenburger, Adam, Dekel, Eddie & Geanakoplos, John.
Correlated equilibrium with generalized information
structures. 0p.
815 Phillips, Peter C.B. & Solo, Victor. Asymptotics for linear
processes. 0p.
820 Schmidt, Peter & Phillips, Peter C.B. LM tests for a unit
root in the presence of deterministic trends. 0p.
817 Shiller, Robert J., Boycko, Maxim & Korobov, Vladimir.
Hunting for Homo Sovieticus: situational versus attitudinal
factors in economic behavior. 0p.
816 Shubik, M. & Sobel, M.J. On matching book: a problem in
banking and corporate finance. 0p.
UNIVERSITY OF STOCKHOLM. Inst. for Int'l. Econ Studies-Reprints.
464 Agell, Jonas & Lundberg, Per. Fair wages, involuntary
unemployment and tax policies in the simple general
equilibrium model. 0p.
467 Gottfries, Nils. Insiders, outsiders, and nominal wage
contracts. 0p.
465 Hamilton, Carl B., de Melo, Jaime & Winters, L. Alan. Who
wins and who loses from voluntary export restraints?: the
case of footwear. 0p.
466 Lindbeck, Assar. Macroeconomic theory and the labor market.
0p.
468 Hamilton, Carl B. The new silk road to Europe. 0p.
470 Hamilton, Carl B. & Winters, L. Alan. Trade with Eastern
Europe. 0p.
471 Isachsen, Arne J., Hamilton, Carl B. & Gylfason, Thorvaldur.
Privatization in Central and Eastern Europe. 0p.
PAGE 80
469 Persson, Torsten & Tabellini, Guido. Growth, distribution
and politics. 0p.
472 Svensson, Lars E.O. The foreign exchange risk premium in a
target zone with devaluation risk. 0p.
WASHINGTON UNIVERSITY. CSAB. Formal Publications (Pamphlets).
111 McKenzie, Richard B. The "fortunate fifth" fallacy. 38p.
112 Viscusi, W. Kip. Pricing environmental risks. 26p.
113 Weidenbaum, Murray & James, Harvey S. Responding to foreign
competition: overcoming government barriers. 28p.
114 McKenzie, Richard B. & Klein, Christina. The 1980's: a
decade of debt?. 42p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute-Reprints
394 Brock, William A. & Baek, Ehung G. A nonparametric test for
independence of a multivariate time series. 0p.
393 Manski, Charles F., et al. Alternative estimates of the
effect of family structure during adolescence on high school
graduation. 0p.
396 Goldberger, Arthur S. One-sided and inequality tests for a
pair of means. 0p.
YALE UNIVERSITY. Economic Growth Center-Reprint Series.
464 Buiter, Willem H. & Kletzer, Kenneth M. Fiscal policy
coordination as fiscal federalism: economic integration,
public goods and efficiency in growing econo. 0p.
465 Huffman, Wallace E. & Evenson, Robert E. Contributions of
public and private science and technology to U.S.
agricultural productivity. 0p.
466 Rosegrant, Mark W. & Evenson, Robert E. Agricultural
productivity and sources of growth in South Asia. 0p.
463 Takayasu, Hideki, et al. Statistical properties of
deterministic threshold elements: the case of market price.
0p.