New Acquisitions - 1993
PAGE 1
UNIVERSITY OF ADELAIDE. Department of Economics.
92-3 Neal, P. The determination of interest rates and the
effectiveness of monetary policy in deregulated financial
markets. 33p.
92-1 Nguyen, D.T. The goods and services tax, intertemporal
choice and domestic saving: a theoretical analysis. 41p.
92-2 Travers, P. & Richardson, S. Living decently. 27p.
STATE UNIVERSITY OF NEW YORK AT ALBANY. Department of Economics.
9210 Chaudhuri, Anita. Evidence on the life cycle health
profile. 30p.
9211 Chaudhuri, Anita. Human capital effects, age effects and
the Frisch decomposition for labor supply models. 34p.
9301 Sattinger, Michael. Statistical discrimination with
employment criteria. 49p.
9304 Jerison, Michael. Qualitatively identical comparative
statics for firms or consumers. 7p.
9305 Jerison, Michael. Russell on Gorman's Engel curves: a
correction. 4p.
9303 Sattinger, Michael. General equilibrium effects of
unemployment compensation with labor force participation.
29p.
9308 Chou, Chien-fu, Kimura, Fukunari & Talmain, Gabriel.
Domestic and international scale effects on R & D effort.
21p.
9310 Lahiri, Kajal & Wang, Jiazhuo G. An evaluation of the index
of leading indicators as predictor of cyclical turning
points using a Markov switching m. 47p.
9307 Santiago, Carlos E.. Can aggregate data shed light on the
Puerto Rican circular migration thesis?. 32p.
9306 Talmain, Gabriel. Currency substitution, the current
account, and trends in the exchange rates: a general
equilibrium approach. 34p.
9313 Mirer, Thad W. The optimal time to file for Social Security
benefits. 27p.
9302 Kimura, Fukunari. A note on natural resource endowments and
development phasing. 31p.
9311 Chou, Chien-fu & Talmain, Gabriel. Pareto improving
redistribution in a growing economy. 35p.
9309 Mamingi, Nlandu. Residual based tests for cointegration:
their actual size under aggregation over time. 44p.
9314 Talmain, Gabriel. Structural unemployment and technical
progress. 8p.
9315 Kimura, Fukunari. The optimal international economic
integration: the multiple circular cities approach. 30p.
UNIVERSITY OF ALBERTA. Department of Economics.
93-3 Dow, Gregory K. Does labor discipline require a labor rent:
efficiency wages and the bonding critique. 55p.
93-1 Ruggeri, G.C., van Wart, D. & Howard, R. Hidden tax
increases from the effective de-indexation of the personal
income tax. 16p.
PAGE 2
93-2 Ruggeri, G.C., van Wart, D. & Howard, R. Indexing of
transfer payments and total tax incidence. 25p.
93-4 Ruggeri, G.C., Van Wart, D. & Howard, R. Measuring tax
incidence within the framework of fiscal incidence. 21p.
93-5 Xu, Yingfeng. A macroeconomic model of the Chinese economy.
31p.
93-8 Buse, A. & Dastoor, N.K. The power of two exact tests for
structural change in the presence of heteroskedasticity.
19p.
93-6 Boothe, Paul. Provincial government debt, bond ratings and
the availability of credit: a comment on Scarth's paper.
9p.
93-9 Dow, Gregory K. Entry fees, firing threats, and work
incentives: capitalist and labor-managed firms in market
equilibrium. 60p.
9311 Xu, Yingfeng. A North-South model of international trade
and investment with a continuum of goods. 27p.
9310 Xu, Yingfeng. On the transitional dynamics of trade
liberalization. 24p.
9312 Boothe, Paul & Davidson, Michelle. Fiscal stabilization in
a federal state. 23p.
93-7 Buse, A. Brickmaking and unemployment insurance: a
cautionary tale. 13p.
9313 Dastoor, Naorayex K. A note on the Eicker-White
heteroskedasticity consistent covariance matrix estimator.
7p.
9317 Ruggeri, G.C., Van Wart, D. & Howard, R. Equity aspects of
sales taxes and income taxes. 28p.
9316 Ruggeri, G.C., Van Wart, D. & Howard, R. The
redistributional impact of government spending and taxation
in Canada. 38p.
9315 Ruggeri, G.C., Van Wart, D. & Howard, R. The
redistributional impact of government spending in Canada.
61p.
9314 Ruggeri, G.C., Van Wart, D. & Howard, R. The
redistributional impact of taxation in Canada. 58p.
9318 Buse, A. Evaluating the linearized almost ideal demand
system. 37p.
9319 Landon, Stuart & Ryan, David L. The political cost of taxes
and government spending. 38p.
9321 Gupta, Kanhaya L. Does financial liberalization really
improve private investment in developing countries?: a
comment. 6p.
9322 Gupta, Kanhaya L. Financial liberalization, wealth effects
and private investment. 20p.
9320 Lindsey, C. Robin & West, Douglas S. A test of the free
riding hypothesis using parking coupon data. 72p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9206 Corchon, Luis C. & Ritzberger, Klaus. On the
non-cooperative foundations of cooperative bargaining. 14p.
9205 Herrero, Carmen & Marco, N. Carmen. Individually rational
equal loss principle for bargaining problems. 34p.
PAGE 3
9210 Canals, Jose & Vega-Redondo, Fernando. Multilevel evolution
in games. 28p.
9209 Marhuenda, Francisco. Distribution of income and
aggregation of demand. 38p.
9207 Peris, Josep E. & Subiza, Begona. Maximal elements of non
necessarily acyclic binary relations. 16p.
9208 Vega-Redondo, Fernando. Non-Bayesian learning under
imprecise perceptions. 36p.
9306 Bevia, Carmen & Corchon, Luis C. On the generic
impossibility of truthful behavior: a simple approach. 15p.
9308 Corchon, Luis C. Comparative statics for market games: the
strong concavity case. 32p.
9307 Kukushkin, Nikolai S. Cournot oligopoly with "almost"
identical convex costs. 44p.
9304 Vega-Redondo, Fernando. Industrial dynamics,
path-dependence and technological change. 48p.
9305 Vega-Redondo, Fernando. Shaping long-run expectations in
problems of coordination. 35p.
9302 Chakravorti, Bhaskar, Corchon, Luis C. & Wilkie, Simon.
Credible implementation. 36p.
9303 Marco, M. Carmen. A characterization of the extended
claim-egalitarian solution. 17p.
9301 Olcina, Gonzalo & Urbano, Amparo. Introspection and
equilibrium selection in 2 x 2 matrix games. 56p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
100 Barbera, Salvador & Jackson, Matthew O. Strategy-proof
exchange. 43p.
101 Barbera, Salvador, Masso, Jordi & Neme, Alejandro. Voting
under constraints. 50p.
103 Gardeazabal, Javier, Regulez, Marta & Vazquez, Jesus. Weak
exogeneity and rational expectations in the monetary model
exchange rates. 18p.
102 Grafe, Federico, Inarra, Elena & Zarzuelo, Jose M. On
externality games. 14p.
104 Gutierrez, Maria Jose. Controlling the money supplies: a
role for the future European Central Bank?. 39p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
245 Applegate, Craig. An external cost arising from private
sector foreign debt. 23p.
247 Koenker, Roger, et al. A note on Amemiya's form of the
weighted least squares estimator. 27p.
246 Stemp, Peter J. The application of monetary policy rules
under uncertainty about expectations formation. 30p.
248 Apps, P.F. & Rees, R. Labor supply, household production
and intra-family welfare distribution. 22p.
250 Kidd, Michael P. & Shannon, Michael. Occupational
segregation and the importance of aggregation in gender wage
differentials: Canadian evidence. 44p.
249 Kidd, Michael P. Some Canadian evidence on the quit/lay off
distinction. 50p.
PAGE 4
BANCO DE ESPANA. Servicio de Estudios.
9324 Dolado, Juan J., Sebastian, Miguel & Valles, Javier.
Cyclical patterns of the Spanish economy. 41p.
9322 Jurado, Maria P. & Vega, Juan Luis. Purchasing power
parity: an empirical analysis. 50p.
9327 Mazon, Cristina. Is profitability related to market share?:
an intra-industry study in Spanish manufacturing. 29p.
9321 Revenga, Ana. Credibility and inflation persistence: in the
European Monetary System. 44p.
9330 Pellicer, Miguel. Functions of the Banco de Espana: an
historical perspective. 73p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
196 Alcalde, Jose & Barbera, Salvador. Top dominance and the
possibility of strategy-proof stable solutions to matching
problems. 25p.
195 Jun, Byoung & Vives, Xavier. Learning and convergence to
rational expectations with persistent shocks. 40p.
194 Ponsati, Clara & Sakovics, Jozsef. Mediation is necessary
for efficient bargaining. 27p.
184 Barbera, Salvador, Gul, Faruk & Stacchetti, Ennio.
Generalized median voter schemes and committees. 34p.
185 Burguet, Roberto. Optimal rental of a durable with learning
by using. 20p.
192 Caminal, Ramon & Vives, Xavier. Why do market shares
matter?: an information-based theory. 32p.
187 Hamilton, Jonathan & Romano, Richard. Equilibrium
assignment of players in team matches: game theory for
tennis coaches. 31p.
186 Hamilton, Jonathan & Slutsky, Steven. The separation and
timing of allocation and distribution in second-best
economies. 31p.
193 Matutes, Carmen & Vives, Xavier. Competition for deposits,
risk of failure, and regulation in banking. 30p.
183 Petith, Howard C. Revolution and the triumph of capitalism
as alternative outcomes in a Marxian growth model w/
decreasing returns. 24p.
189 Roland-Holst, David W. & Sancho, Ferran. Modeling prices in
a SAM structure. 31p.
188 Roland-Holst, David W. & Sancho, Ferran. Relative income
determination in the United States: a social accounting
perspective. 27p.
190 Sancho, Ferran. Multiplier analysis with flexible cost
functions. 26p.
191 Vives, Xavier. Edgeworth and modern oligopoly theory. 13p.
198 Bet-Mansour, A. Eunice. The cost function and the
non-neutrality of money: a note. 10p.
203 Garella, Paolo G. & Martinez-Giralt, Xavier. After all
Hotelling was (almost) right. 18p.
201 Olivella, Pau. Information structures and the delegation of
monitoring. 39p.
PAGE 5
205 Bhattacharya, Sudipto. Financial intermediation with
proprietary information. 19p.
206 Vives, Xavier. Learning from others. 35p.
207 Vives, Xavier. Short-term investment and the informational
efficiency of the market. 26p.
200 Barbera, S., Masso, J. & Neme, A. Voting under constraints.
53p.
204 Boncompte, M. & Martinez-Legaz, J.E. Weak lower
subdifferentiability in fractional programming. 11p.
214 Burgos, Albert. Bargaining with non-stationary preferences.
20p.
218 Creel, Michael D. A note on random preferences and welfare
estimation. 11p.
217 Creel, Michael D. Welfare estimation using the Fourier
form: simulation evidence for the recreation demand case.
41p.
209 Fauli-Oller, Ramon. Competition and cooperation within a
multidivisional firm. 40p.
216 Macho, Ines, Martinez-Giralt, Xavier & Perez-Castrillo,
David. The role of information in licensing contract
design. 18p.
197 Martinez, Xavier & Ponsati, Clara. Bargaining at variable
rhythms. 10p.
208 Sorolla, Valeri. Two systems of wage setting. 33p.
223 Sorolla, Valeri. Unions, governments, price level and
unemployment. 39p.
215 Bet-Mansour, Anna E. Nominal rigidities when agents care
about aggregate demand. 21p.
221 Esteban, Joan & Ray, Debraj. On the measurement of
polarization. 39p.
219 Jarque, Xavier & Llibre, Jaume. Structural stability of
planar Hamiltonian polynomial vector fields. 33p.
222 Persson, Tosten & Tabellini, Guido. Federal fiscal
constitutions part 1: risk sharing and moral hazard. 38p.
BELL COMMUNICATIONS RESEARCH. Economics Discussion Papers.
84 Cavanagh, Chris & Sherman, Robert P. Rank estimators for
monotone index models. 30p.
90 Chakravorti, Bhaskar. Optimal flow control of an M/M/1
queue with a balanced budget. 10p.
91 Chakravorti, Bhaskar & Conley, John P. Bargaining,
efficiency and the repeated prisoners' dilemma. 4p.
89 Chakravorti, Bhaskar & Conley, John P. Cheap play with no
regret. 26p.
88 Chakravorti, Bhaskar, Conley, John P. & Taub, Bart.
Economic applications of probabilistic cheap talk. 33p.
87 Chakravorti, Bhaskar, Conley, John P. & Taub, Bart. On
resolving the one-shot prisoners' dilemma through
probabilistic cheap talk. 43p.
86 McLean, Richard P. & Sharkey, William W. An approach to the
pricing of broadband telecommunications services. 22p.
83 Sherman, Robert P. The limiting distribution of the maximum
rank correlation estimator. 17p.
PAGE 6
85 Sherman, Robert P. U-processes in the analysis of a
generalized semiparametric estimator. 25p.
94 Sibley, David & Srinagesh, Padmanabhan. Multiproduct
nonlinear pricing with multiple taste characteristics. 24p.
92 Spiegel, Yossef. The capital structure and investment of
regulated firms under alternative regulatory regimes. 34p.
93 Spiegel, Yossef & Spulber, Daniel F. Capital structure with
countervailing incentives. 38p.
99 Chakravorti, Bhaskar. Far-sightedness and the voting
paradox. 14p.
98 Chakravorti, Bhaskar & Kahn, Charles M. Universal
coalition-proof equilibrium: concepts and applications.
38p.
96 Goodman, Matthew, et al. Telephone company entry into cable
television: a re-evaluation. 6p.
95 Sharkey, William W. A characterization of some aspiration
solutions with an application to spatial games. 26p.
97 Spiegel, Yossef. Rawlsian optimal population size. 17p.
BOSTON COLLEGE. Department of Economics.
217 Anderson, James E. & Bannister, Geoffrey J. The trade
restrictiveness of Mexican agricultural policy. 35p.
222 Arnott, Richard & Kraus, Marvin. Financing capacity on the
bottleneck model. 23p.
231 Arnott, Richard, de Palma, Andre & Lindsey, Robin. The
welfare effects of congestion tolls with heterogeneous
commuters. 32p.
245 Cox, Donald & Jimenez, Emmanuel. Motives for private
transfers over the life cycle: an analytical framework and
evidence for Peru. 27p.
244 Cox, Donald & Stark, Oded. Intergenerational transfers and
the demonstration effect. 26p.
212 Polasky, Stephen. Asymmetric oligopoly equilibrium in a
non-renewable resource market. 26p.
209 Polasky, Stephen & Mason, Charles F. Entry deterrence in
the commons. 32p.
235 Polasky, Stephen & Solow, Andrew R. The conservation of
biological diversity: an economic framework. 11p.
241 Polasky, Stephen & Solow, Andrew R. Option value, Gallot's
inequality, and the measurement of biological diversity.
17p.
208 Polasky, Stephen, Solow, Andrew & Broadus, James. Searching
for uncertain benefits and the conservation of biological
diversity. 19p.
233 Quinn, Joseph F. The road to retirement in the U.S.:
importance of part-time work in the process of labor
withdrawal. 53p.
227 Quinn, Joseph F. The transition from work to retirement:
the United States. 84p.
256 Arnott, Richard & Small, Kenneth. The economics of traffic
congestion. 19p.
259 Marrinan, Jane & van Wincoop, Eric. Public and private
savings and investment. 43p.
PAGE 7
BOSTON UNIVERSITY. Department of Economics.
13 Gale, Douglas. Dynamic coordination games. 31p.
14 Kotlikoff, Laurence J. The economic impact of replacing
federal income taxes with a sales tax. 26p.
16 Bose, Amitava & Ray, Debraj. Monetary equilibrium in an
overlapping generations model with productive capital. 29p.
15 Esteban, Joan, Mitra, Tapan & Ray, Debraj. Efficient
monetary equilibrium: an overlapping generations model with
nonstationary monetary policies. 30p.
17 Kortum, Samuel. R & D, patents and the progress of
technology in a search model. 24p.
18 Franco, Daniele, et al. Generational accounting: the case
of Italy. 41p.
19 Fernandez, Raquel & Rogerson, Richard. Keeping people out:
income distribution, zoning and the quality of public
education. 49p.
20 Kotlikoff, Laurence J. & Gokhale, Jagadeesh. The equity of
social services provided to children and senior citizens.
37p.
21 Ray, Debraj & Vohra, Rajiv. Equilibrium binding agreements.
49p.
23 Loury, Glenn. Self-censorship in public discourse: a theory
of "political correctness" and related phenomena. 43p.
22 Ray, Debraj. Egalitarianism and incentives in teams. 22p.
24 Auerbach, Alan J., et al. Generational accounting in
Norway: Is Norway overconsuming its petroleum wealth?. 41p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
37 Chen, Yongmin & Rosenthal, Robert W. Dynamic duopoly with
slowly changing customer loyalties. 30p.
38 Gale, Douglas. Informational capacity and financial
collapse. 54p.
40 Biglaiser, Gary & Ma, Ching-to Albert. Regulating a
dominant firm: quality, private information, and industry
structure. 35p.
39 Cabral, Luis. The learning curve, market dominance and
predatory pricing. 51p.
41 Spiller, Pablo T. & Vogelsang, Ingo. Regulation without
commitment: price regulation of U.K. utilities (w/ special
emphasis on telecommunications). 30p.
42 Chen, Yongmin & Rosenthal, Robert W. Asking prices as
commitment devices. 25p.
43 McGuire, Thomas G. & Riordan, Michael H. Contracting for
community based public mental health services. 28p.
BROWN UNIVERSITY. Department of Economics.
9213 Auerbach, Alan J., Kotlikoff, Laurence J. & Weil, David N.
The increasing annuitization of the elderly: estimates and
implications for intergenerational transfers, inequality.
33p.
PAGE 8
9223 Bertocchi, Graziella & Spagat, Michael. Learning,
experimentation and monetary policy. 19p.
9216 Bonin, John P. & Putterman, Louis. Incentives and
monitoring in cooperatives under labor-proportionate sharing
schemes. 38p.
9220 Cornelli, Francesca & Yosha, Oved. Regulation by entry: the
case of a monopolistic insurance market with adverse
selection. 33p.
93-2 Dutta, Bhaskar, Sen, Arunava & Vohra, Rajiv. Nash
implementation through elementary mechanisms in economic
environments. 35p.
93-1 Galor, Oded & Tsiddon, Daniel. Income distribution and
growth: Kuznets hypothesis revisited. 28p.
9219 Galor, Oded & Zang, Hyonungsoo. Family size, income
distribution and economic growth: theory and cross-country
evidence. 47p.
9214 Gozalo, Pedro L. A consistent model specification test for
non-parametric estimation of regression function models.
32p.
9215 Gozalo, Pedro L. Nonparametric analysis of Engel curves:
estimation and testing of demographic effects. 42p.
92-4 Grossman, Herschel I. Production, appropriation, and land
reform. 18p.
9210 Grossman, Herschel I. & Han, Taejoon. War debt, moral
hazard, and the financing of the Confederacy. 21p.
9211 Lim, G.C. & Stein, Jerome L. The dynamics of the real
exchange rate in a small open economy: the case of
Australia. 30p.
9218 Nabeya, Seiji & Sorensen, Bent E. Asymptotic distributions
of the least squares estimators and test statistics in the
near unit root model with non-z. 28p.
93-3 Schotter, Andrew, Weiss, Avi & Zapater, Inigo. Fairness and
survival in ultimatum and dictatorship games. 28p.
9221 Serrano, Roberto & Yosha, Oved. Information revelation in a
market with pairwise meetings: the one sided information
case. 34p.
9225 Serrano, Roberto. Non-cooperative implementation of the
core. 25p.
9226 Serrano, Roberto. Non-cooperative implementation of the
nucleolus: the 3-player case. 17p.
9224 Sorensen, Bent E. Testing the equivalence of unemployment
and leisure time in the aggregate neoclassical model. 40p.
93-5 Spagat, Michael. Leaving some stones unturned: a
reassessment of iterative planning theory. 24p.
9217 Stein, Jerome L. Balance of payments developments: a review
article. 22p.
93-6 Stein, Jerome L. The real international value of the United
States dollar. 35p.
9212 Stein, Jerome L. Unemployment in the 1990's and the
monetarist controversy in the 1980's: a note. 6p.
93-7 Zapater, Inigo. Credible proposals in communication games.
28p.
93-4 Zapater, Inigo. Generalized communication between rational
agents. 29p.
PAGE 9
9313 Acharya, Arnab & Spagat, Michael. Individual savings with
random queuing, rationing, and parallel markets. 27p.
9311 Beckmann, Martin J. Planning versus free choice in research
- once more. 5p.
9315 Bloch, Francis & Rao, Vijayendra. Statistical
discrimination, identity selection, and the social
transformation of caste and race. 23p.
9310 Feldman, Mark & Spagat, Michael. Optimal learning with
costly adjustment. 37p.
9317 Galor, Oded & Stark, Oded. Life expectancy, human capital
and economic development. 16p.
9318 Ho, Mun S. & Sorensen, Bent E. A multivariate cointegration
analysis of long run productivity in U.S. manufacturing.
39p.
9312 Lancaster, Tony. Bayes WESML (weighted exogenous sampling
maximum likelihood). 16p.
93-9 Moffitt, Robert & Gottschalk, Peter. Trends in the
covariance structure of earnings in the U.S., 1969-1987.
47p.
93-8 Serrano, Roberto. Strategic bargaining, bankruptcy problems
and the nucleolus. 32p.
9314 Serrano, Roberto & Yosha, Oved. Welfare analysis of a
market with pairwise meetings and asymmetric information.
17p.
9328 Baliga, Sandeep & Serrano, Roberto. Multilateral bargaining
with imperfect information. 23p.
9319 Bertocchi, Graziella & Spagat, Michael. Structural
uncertainty and subsidy removal for economies in transition.
27p.
9327 Grossman, Herschel I. Rival kleptocrats: the Mafia versus
the state. 15p.
9326 Henderson, Vernon & Mitra, Arindam. Edge city economics.
33p.
9320 Ho, Mun S. & Sorensen, Bent E. Public capital and long run
productivity in U.S. manufacturing. 27p.
9323 Krishna, Vijay & Serrano, Roberto. Multilateral bargaining.
29p.
9324 Krishna, Vijay & Serrano, Roberto. Perfect equilibria of a
model on n-person non-cooperative bargaining. 19p.
9321 Lim, G.C. & Stein, Jerome L. The dynamics of the real
exchange rate in a small open economy. 32p.
9322 Miron, Jeffrey A., Romer, Christina D. & Weil, David N.
Historical perspectives on the monetary transmission
mechanism. 59p.
9325 Spagat, Michael. The disintegration of the Russian economy.
27p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9109 Barnett, Richard C. & Ho, Mun. The behavior of black market
exchange rates in four South American countries. 38p.
9108 Harwitz, Mitchell & Lentnek, Barry. A contextual theory of
retail central places on a linear market. 33p.
9107 Yi, Gyoseob. Manipulation in exchange economies: the case
of multi-valued allocation mechanisms. 19p.
PAGE 10
9305 Anbarci, Nejat. Average payoffs and balanced concessions in
bargaining. 11p.
9306 Anbarci, Nejat. Bargaining with finite number of
alternatives. 27p.
9304 Anbarci, Nejat. A modification of Nash's demand game. 6p.
9303 Anbarci, Nejat. Noncooperative foundations for the
Kalai/Smorodinsky equal sacrifice solutions via prominence
structures. 12p.
9307 Agarwal, Rajshree & Gort, Michael. The evolution of markets
and entry, exit and survival of firms. 23p.
9300 Brown, Murray. Complexity of smooth noncooperative games.
18p.
9301 Chiang, Shin-Hwan & Gort, Michael. Personality attributes
and optimal hierarchical compensation gradients. 16p.
9302 Gort, Michael & Wall, Richard A. Obsolescence, input
augmentation, and growth accounting. 22p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
774 Chen, Kay-Yut & Plott, Charles R. Nonlinear behavior in
sealed bid first price auctions. 58p.
808 Chen, Yan. The optimal choice of privatizing state-owned
enterprises: a political economic model. 24p.
802 Dubin, Jeffrey A. Market barriers to conservation: are
implicit discount rates too high?. 19p.
805 Duggan, John. Contracting theory with coincidence of
interest. 51p.
800 El-Gamal, Mahmoud A. & Palfrey, Thomas R. Vertigo:
comparing stuctural models of imperfect behavior in
experimental games. 20p.
813 Gerber, Elisabeth R. & Lupia, Arthur. Competitive campaigns
and the responsiveness of collective choice. 28p.
807 Kousser, J. Morgan. Was Memphis's electoral structure
adopted or maintained for a racially discriminatory
purpose?. 86p.
801 Kousser, J. Morgan. Why were there black schools in the
segregated South?: the exit explanation reconsidered. 29p.
809 Ordeshook, Peter C. & Shvetsova, Olga V. Ethnic
heterogeneity, district magnitude, and the number of
parties. 35p.
816 Plott, Charles R. & Smith, Jared. Fads, upward sloping
demand and the stability of equilibria in an experimental
market. 48p.
832 Biais, Bruno & Bossaerts, Peter. Asset prices and volume in
a beauty contest. 33p.
810 Cox, James C. & Grether, David M. The preference reversal
phenomenon: response mode, markets and incentives. 36p.
817 Duggan, John & Schwartz, Thomas. Strategic manipulability
is inescapable: Gibbard-Sattherthwaite without resoluteness.
22p.
773 Elbaz, Gilad, Plott, Charles R. & Sugiyama, Alexandre B.
Economies of scale, natural monopoly and imperfect
competition in an experimental market. 64p.
806 Erikson, Robert S. & Palfrey, Thomas R. The puzzle of
incumbent spending in congressional elections. 34p.
PAGE 11
815 Niou, Emerson M.S. & Ordeshook, Peter C. "Less filling,
tastes great": the realist-neoliberalist debate. 27p.
811 Sherstyuk, Katerina. Managerial incentives in transition
economies: profit sharing arrangements and firing threat
combined. 21p.
812 Aleskerov, Fuad. Binary relations, numerical comparisons
with errors and rationality conditions for choice. 31p.
818 Aleskerov, Fuad. Relational functional voting operators.
27p.
824 Bronfman, Corinne, et al. An experimental examination of
the Walrasian tatonnement mechanism. 46p.
825 Brown, Donald & Werner, Jan. Arbitrage and existence of
equilibrium in infinite asset markets. 19p.
823 El-Gamal, Mahmoud A. The rational expectations - n (e)e -
equilibrium. 12p.
833 Palfrey, Thomas R. & Prisbrey, Jeffrey E. Anomalous
behavior in linear public goods experiments: how much and
why?. 42p.
827 Porter, David & Smith, Vernon. Price expectations in
experimental asset markets with futures contracting. 31p.
836 Ledyard, John O. The design of coordination mechanisms and
organizational computing. 15p.
837 Nikonov, Vyacheslav A. & Ordeshook, Peter C. Russia's
tradition to democracy: essays 11-18. 43p.
841 Alvarez, R. Michael & Gronke, Paul W. Perception and
misperception: constituent knowledge of their
representative's Persian Gulf War vote. 26p.
835 Bossaerts, Peter. Transaction prices when insiders trade
portfolios. 16p.
821 Border, Kim C. & Segal, Uzi. Dynamic consistency implies
approximately expected utility preferences. 17p.
839 El-Gamal, Mahmoud A. The extraction of information from
multiple point estimates. 13p.
831 Kousser, J. Morgan. Beyond Gingles: influence districts and
the pragmatic tradition in voting rights law. 35p.
838 Ledyard, John O. & Szakaly, Kristin E. Designing
organizations for trading pollution rights. 45p.
840 Malishevski, Andrey V. Judging the rationality of decisions
in the presence of vague alternatives. 45p.
826 Nikonov, Vyacheslav A. & Ordeshook, Peter C. Russia's
transition to democracy: essays 1-10. 48p.
846 Ordeshook, Peter C & Schwartz, Thomas. A draft constitution
for the Russian Federation. 19p.
834 Bernhardt, Dan & Hughson, Eric. Discrete pricing and
institutional design of dealership markets. 34p.
828 Bernhardt, Dan & Robertson, J. Fiona. Testing dividend
signalling models. 33p.
829 Bernhardt, Dan & Scoones, David. A note on sequential
auctions. 9p.
830 Bernhardt, Dan, Hollifield, Burton & Hughson, Eric.
Investment and insider trading. 38p.
847 Chen, Yan & Ordeshook, Peter C. Veto games: spatial
committees under unanimity rule. 29p.
843 El-Gamal, Mahmoud A. A dynamic migration model with
uncertainty. 27p.
PAGE 12
842 Lian, Peng & Plott, Charles R. General equilibrium,
macroeconomics and money in a laboratory experimental
environment. 63p.
822 Porter, David & Rangel, Antonio. Trading in a pure exchange
economy without an auctioneer: an experimental approach.
44p.
849 Aldrich, John H. & Alvarez, R. Michael. Issues and the
Presidential primary voter. 28p.
845 Alvarez, R. Michael & Schousen, Matthew M. Policy
moderation or conflicting expectations?: testing the
intential models of split-ticket voting. 24p.
844 Alvarez, R. Michael & Franklin, Charles H. Uncertainty and
political perceptions. 27p.
848 Beck, Nathaniel, et al. Government partisanship, labor
organization and macroeconomic performance: a corrigendum.
8p.
850 El-Gamal, Mahmoud A. & Grether, David M. Uncovering
behavioral strategies: likelihood-based experimental data
mining. 33p.
851 Erikson, Robert S. & Palfrey, Thomas R. The spending game:
money, votes, and incumbency in Congressional elections.
39p.
814 Gerber, Elisabeth R. & Lupia, Arthur. When do campaigns
matter?: informed voters, the heteroscedastic logit and the
responsiveness of electoral outcomes. 36p.
804 McKelvey, Richard D. & Palfrey, Thomas R. The holdout game:
an experimental study of an infinitely repeated game with
two sided incomplete information. 46p.
855 Sherstyuk, Katerina. How to gerrymander: a formal analysis.
25p.
852 Bernhardt, Dan & Hughson, Eric. Intraday trade in
dealership markets. 51p.
859 Chen, Yan & Ordeshook, Peter C. Constitutional secession
clauses. 19p.
853 Gerber, Elisabeth R. Are legislators afraid of
initiatives?: anticipation and reaction in the policy
process. 20p.
861 Ledyard, John O. Public goods: a survey of experimental
research. 98p.
819 Strnad, Jeff. Choosing a tax treatment for new financial
products. 41p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
206 Garbaccio, Richard F., Hermalin, Benjamin E. & Wallace,
Nancy E. Nonparametric methods to measure efficiency: a
comparison of methods. 35p.
204 Sung, Hai-Yen, Hu, Teh-Wei & Keeler, Theodore E. A dynamic
simultaneous-equations model for cigarette consumption in
the Western states. 38p.
208 Hall, Bronwyn H. R & D tax policy during the 1980's:
success or failure?. 51p.
207 Hall, Bronwyn H. The value of intangible corporate assets:
an empirical study of the components of Tobin's q. 33p.
PAGE 13
212 Bowman, David, Minehart, Debby & Rabin, Matthew. Loss
aversion in a savings model. 38p.
214 Craine, Roger. Asset prices and the fundamentals: a q test.
17p.
213 Goldman, Steven M. & Ruud, Paul A. Nonparametric
multivariate regression subject to constraint. 16p.
209 Keeler, Theodore E. & Ying, John S. Hospital costs and
excess bed capacity: statistical analysis. 29p.
205 Letiche, John M. Maastrict: prospect and retrospect. 26p.
210 Quah, John K.H. Homothetic preferences, homothetic
transformations, and the law of demand in exchange
economies. 47p.
211 Rabin, Matthew & Sobel, Joel. Deviations, dynamics and
equilibrium refinements. 31p.
216 Eichengreen, Barry. Institutional prerequisites for
economic growth: Europe after World War II. 12p.
217 Hall, Bronwyn H. Industrial research during the 1980's: did
the rate of return fall?. 62p.
215 Minehart, Deborah. A note on the finiteness of the set of
equilibria in an exchange economy with constrained
endowments. 7p.
218 Edlin, Aaron S. Efficient standards of due care: should
courts find more parties negligent under comparative
negligence?. 20p.
219 Hajivassiliou, Vassilis A. & Ruud, Paul A. Classical
estimation methods for LDV models using simulation. 46p.
UNIV. OF CALIFORNIA-BERKELEY. Center for Int'l & Devel Econ Resear
9203 Casella, Alessandra. Arbitration in international trade.
43p.
9201 Dominguez, Kathryn M. & Frankel, Jeffrey A. Does foreign
exchange intervention matter?: disentangling the portfolio
and expectations effects. 30p.
9204 Eichengreen, Barry. The political economy of fiscal policy
after EMU. 28p.
9202 Frankel, Jeffrey A. The evolving Japanese financial system,
and the cost of capital. 71p.
9205 Frankel, Jeffrey, Phillips, Steve & Chinn, Menzie.
Financial and currency integration in the European Monetary
System: the statistical record. 44p.
6 Bayoumi, Tamim & Eichengreen, Barry. Macroeconomic
adjustment under Bretton Woods and the post Bretton Woods
float: an impulse-response analysis. 33p.
9 Chinn, Menzie & Frankel, Jeffrey. Patterns in exchange rate
forecasts for 25 currencies. 23p.
8 Frankel, Jeffrey A. Foreign exchange policy, monetary
policy and capital market liberalization in Korea. 38p.
7 Frankel, Jeffrey A. Is Japan creating a yen bloc in East
Asia and the Pacific?. 52p.
12 Casella, Alessandra. Trade as engine of political change: a
parable. 27p.
10 Eichengreen, Barry. A Marshall Plan for the East: options
for 1993. 29p.
PAGE 14
13 Frankel, Jeffrey. Three comments on exchange rate
stabilization and European monetary union. 10p.
14 Obstfeld, Maurice. Are industrial-country consumption risks
globally diversified?. 49p.
11 Obstfeld, Maurice. Model trending real exchange rates.
20p.
17 Bardhan, Pranab. Disparity in wages but not in returns to
capital between rich and poor countries. 22p.
15 Bardhan, Pranab. Rational fools and cooperation in a poor
hydraulic economy. 20p.
18 Eichengreen, Barry. Prerequisites for international
monetary stability. 43p.
19 Eichengreen, Barry. Thinking about migration: notes on
European migration pressures at the dawn of the next
millenium. 27p.
16 Obstfeld, Maurice. Risk-taking, global diversification, and
growth. 48p.
23 Chinn, Menzie D. & Frankel, Jeffrey A. Financial links
around the Pacific Rim: 1982-1992. 46p.
22 Eichengreen, Barry. The crisis in the EMS and the
transition to EMU: an interim assessment. 46p.
21 Eichengreen, Barry. International monetary arrangements for
the 21st century. 153p.
20 Eichengreen, Barry & Bayoumi, Tamim. The political economy
of fiscal restrictions: implications for Europe from the
United States. 11p.
25 Frankel, Jeffrey A. & Wei, Shang-Jin. Is there a currency
bloc in the Pacific?. 47p.
26 Frankel, Jeffrey A. & Wei, Shang-Jin. Emerging currency
blocs. 43p.
24 Frankel, Jeffrey A. Sterilization of money inflows:
difficult (Calvo) or easy (Reisen)?. 38p.
UNIVERSITY OF CALIFORNIA-LOS ANGELES. Department of Economics.
675 Aoki, Masanao. Interactions of real GNP business cycles in
a three country time series model. 23p.
676 Aumann, Robert J. & Shapley, Lloyd S. Long-term
competition: a game-theoretic analysis. 26p.
677 Cole, Nancy. Employer-provided job training: who really
pays?. 53p.
680 Farmer, Roger E.A. & Guo, Jang Ting. Real business cycles
and the animal spirits hypothesis. 29p.
674 Hirshleifer, Jack. Anarchy and its breakdown. 35p.
667 Kim, Youngse. Adjustment dynamics and equilibrium selection
in coordination games. 34p.
679 Lal, Deepak. In praise of the classics: the relevance of
classical political economy for development policy and
research. 46p.
670 Layenov, Victor, Majewski, John & Sokoloff, Kenneth.
Bureaucrats, subordinates, and the failure of Soviet
Marxism. 20p.
666 Levine, David K. & Zame, William R. Debt constraints and
equilibrium in infinite horizon economies with incomplete
markets. 24p.
PAGE 15
671 Levy, Anat & Shapley, Lloyd S. Individual and collective
wage bargaining. 24p.
649 Makowski, Louis & Ostroy, Joseph M.. An arbitrage approach
to competitive equilibrium in an exchange economy. 49p.
672 Makowski, Louis & Ostroy, Joseph M. General equilibrium and
market socialism: clarifying the logic of competitive
markets. 22p.
678 Mondino, Guillermo, Sturzenegger, Federico & Tommasi,
Mariano. Recurrent high inflation and stabilization: a
dynamic game. 47p.
669 Ryu, Keunkwan. Group duration analysis of the proportional
hazard model: minimum chi-square estimators & specification
tests. 40p.
668 Ryu, Keunkwan & Liang, Kuo-yuan. Relationship of forecast
encompassing to composit forecasts with simulations and an
application. 31p.
654 Shapley, Lloyd S. Kernels of replicated market games. 14p.
682 Stanczak, Kazimierz. Competing monies and the big Polish
inflation of 1989. 28p.
683 Stanczak, Kazimierz. A devaluation with labor-intensive
trading and inelastic labor supply: the Polish experience,
1990-91. 25p.
663 Stanczak, Kazimierz. Devaluations and revaluations without
capital mobility and PPP. 31p.
664 Stanczak, Kazimierz. The implications of convex arbitrage
costs for international macroeconomics. 28p.
665 Stanczak, Kazimierz. A note on the benefits of inflation in
economies with price controls and cash in advance black
markets. 12p.
684 Stanczak, Kazimierz. Price controls, inflation, and welfare
in the steady-state. 13p.
681 Tommasi, Mariano. Intertemporal pricing in search markets:
customer markets and price rigidity. 13p.
673 Zame, William R. Efficiency and the role of default when
security markets are incomplete. 46p.
687 Butz, David A. Debt financing and manager-shareholder
agency costs. 31p.
688 Butz, David A. Meetings the competition, guaranteed
retailer margins, and vertical price fixing. 29p.
695 Hirshleifer, Jack. Cooperation, conflict, and all that.
13p.
690 Lal, Deepak. Does openness matter?: how to appraise the
evidence. 34p.
696 Lal, Deepak. Notes on money, debt and alternative monetary
regimes for Brazil. 23p.
685 Lal, Deepak & Maxfield, Sylvia. The political economy of
stabilization in Brazil. 83p.
689 Lin, Justin Y. Endowments, technology, and factor markets:
a natural experiment of induced institutional innovation
from China's r. 31p.
691 Luna, Francesco. From the "History of Astronomy" to the
"Wealth of Nations": wonderful wheels & invisible hands in
Adam Smith's majo. 33p.
694 Pesaran, M. Hashem & Potter, Simon M. Equilibrium asset
pricing models and predictability of excess returns. 37p.
PAGE 16
693 Potter, Simon M. A nonlinear approach to U.S. GNP. 33p.
686 Sharma, Sunil. Behind the diffusion curve: an analysis of
ATM adoption. 27p.
692 Stanczak, Kazimierz. The benefits of imperfect competition
under price controls. 12p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9310 Betts, Julian R. Does school quality matter?: evidence from
the National Longitudinal Survey of Youth. 34p.
9321 Betts, Julian R. Trends in skill requirements: a
re-examination of evidence from the Dictionary of
Occupational Titles. 25p.
9312 Betts, Julian R. & McFarland, Laurel L. Safe port in a
storm: the impact of labor market conditions on community
college enrollments. 26p.
9308 Bresnahan, Timothy F. & Ramey, Valerie A. Segment shifts
and capacity utilization in the U.S. automobile industry.
9p.
9306 Brueckner, Jan K. Borrower mobility, adverse selection, and
mortgage points. 33p.
9311 Cabrales, Antonio & Hoshi, Takeo. Heterogeneous beliefs,
wealth accumulation, and asset price dynamics. 51p.
9323 Corradi, Valentina & White, Halbert. Regularized neural
networks: some convergence rate results. 24p.
9304 Engle, Robert F. & Issler, Joao V. Common trends and common
cycles in Latin America. 47p.
9302 Granger, Clive W.J. & Ding, Zhuanxin. Varieties of long
memory models. 19p.
9316 Groves, Theodore, McMillan, John & Naughton, Barry.
Autonomy and incentives in Chinese state enterprises. 32p.
9324 Heller, Walter P. Efficiency under increasing returns.
17p.
9307 Heller, Walter P. Equilibrium market formation causes
missing markets. 18p.
9315 Hornik, Kurt, White, Halbert & Auer, Peter. Degree of
approximation results for feedforward networks approximating
unknown mappings & their derivatives. 13p.
9318 Rabin, Matthew & Sobel, Joel. Deviations, dynamics, and
equilibrium refinements. 31p.
9322 Ramey, Garey & Ramey, Valerie A. On the cost of economic
fluctuations. 46p.
9305 Rauch, James E. Does history matter only when it matters
little?: the case of city-industry location. 30p.
9327 Raut, Lakshmi K. Construction of Harr measures on
projective limit group and random order values of non-atomic
games. 22p.
9326 Raut, Lakshmi K. Random order approach to Shapley-Value
games and Harr measure. 29p.
9303 Raut, Lakshmi K. & Srinivasan, T.N. Dynamics of endogenous
growth. 25p.
9325 Scheel, Hans H. & Waerness, Eirik. Did the U.S. Tax Reform
Act of 1986 level the playing field?. 42p.
9320 Scheel, Hans H. & Waerness, Eirik. Should tax depreciation
rates for business assets reflect economic depreciation
rates?. 35p.
PAGE 17
9319 Scheel, Hans H. & Waerness, Eirik. User cost of capital in
the U.S. and Norway after the tax reforms: similar
objectives w/ different outcomes. 66p.
9317 Sobel, Joel. Evolutionary stability and efficiency. 17p.
9313 Starr, Ross M. & Stinchcombe, Maxwell B. Exchange in a
network of trading posts. 15p.
9314 Stinchcombe, Maxwell B. & White, Halbert. Consistent
specification testing with unidentified nuisance parameters
using duality & Banach space limit theory. 56p.
9309 Wang, Lih-Jau & Pereira, Alfredo. Capital income taxation
and the international location of investment. 39p.
9301 White, Halbert & Hong, Yongmiao. M-testing using finite and
infinite dimensional parameter estimators. 61p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
1/93 Funkhouser, Edward & Trejo, Stephen J. The decline in
immigrant labor market skills: did it continue in the
1980's?. 27p.
18/92 Garratt, Rod & Marshall, John M. Public finance of private
goods: the case of higher education. 29p.
2/93 Qin, Cheng-Zhong. A conjecture of Shapley and Shubik. 13p.
17/92 Steigerwald, Douglas G. & Stuart, Charles. Policy
expectations: taxes and investment in the U.S. 29p.
16/92 Tesar, Linda L. & Werner, Ingrid M. Home bias and the
globalization of securities markets. 48p.
3/93 Bohn, Henning. Optimal state-contingent capital taxation:
when is there an indeterminacy?. 16p.
4/93 Mastroyiannis, Tasos & Pippenger, John. Testing for
cointegration with transaction costs: the case of the law of
one price. 23p.
5/93 Steigerwald, Douglas G. Efficient estimation of models with
conditional heteroscedasticity. 36p.
8/93 Bohn, Henning. Fiscal policy and the Mehra-Prescott puzzle:
on the welfare implications of budget deficits when real
interest rate. 26p.
7/93 Frech, H.E. An essay on state-dependent utility: the tort
system as insurance and strict liability versus negligence.
52p.
6/93 Garratt, Rod & Shell, Karl. Further evidence of the
necessity of sunspots. 7p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
173 Beladi, Hamid & Prasad, Kislaya. Asset specificities,
international trade and multinational firms. 28p.
174 Evans, Robert A. Out-of-equilibrium learning and
convergence to Nash equilibrium. 19p.
175 Kapur, S. Irreversible investment and aggregate
instability. 23p.
172 Prasad, Kislaya. Choice under uncertainty with costly
computations. 23p.
178 Chichilnisky, G., Dutta, J. & Heal, G.M. Price uncertainty
and derivative securities in a general equilibrium model.
14p.
PAGE 18
176 Dutta, Jayasri. Efficiency wages and underemployment in the
long run. 35p.
179 Hahn, Frank. A remark on incomplete market equilibrium.
8p.
177 Kapur, S.. Flexibility and information. 23p.
183 Anderlini, Luca & Felli, Leonardo. Incomplete written
contracts: undescribable states of nature. 44p.
181 Mehta, Ghanshyam B. On the existence of a continuous
utility function representing preferences. 6p.
182 Mehta, Ghanshyam B. Remarks on some recent developments in
utility theory. 22p.
182 Siandra, Eduardo. A monetary model of market size and
specialisation. 18p.
186 Anderlini, Luca & Ianni, Antonella. Path dependece and
learning from neighbors. 39p.
185 Armstrong, Mark. Multiproduct nonlinear pricing. 35p.
184 Armstrong, Mark. Regulating a multiproduct firm with
unknown costs. 23p.
187 Dutta, Jayasri & Prasad, Kislata. Learning by observation
within the firm. 34p.
BANK OF CANADA. Technical Reports.
63 Laxton, Douglas, Rose, David & Tetlow, Robert. Monetary
policy, uncertainty and the presumption of linearity. 42p.
62 O'Connor, Sean M. The development of financial derivatives
markets: the Canadian experience. 69p.
64 Crawford, Allan. Measurement biases in the Canadian CPI.
54p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9209 Carter, Michael & Sunderland, Mark. A bargaining
experiment. 10p.
9210 Giles, David E.A. Pre-test estimation in regression under
absolute error loss. 8p.
9211 Giles, Judith A. & Giles, David E.A. Estimation of three
regression scale after a pre-test for homoscedasticity under
LINEX loss. 24p.
9301 Fountain, John. Assessing Starmer's evidence for new
theories of choice: a subjectivist's comment. 8p.
9302 Giles, David E.A. & Cunnenn, Matthew C. Preliminary test
estimation in a dynamic linear model. 8p.
9304 Anderson, Juston A. & Giles, Judith A. Pre-test estimation
of the regression scale parameter with multivariate student
t errors and independent sub-sample. 21p.
9303 Fountain, John & McCosker, Michael. Fans, frames and risk
aversion: how robust is the common consequence effect?.
28p.
9305 Small, J.P., Giles, D.E. & White, K.J. The exact powers of
some autocorrelation tests when relevant regressors are
omitted. 18p.
9306 Giles, J.A., Giles, D.E.A. & Ohtani, K. The exact risks of
some pre-test and Stein-type regression estimators under
balanced loss. 26p.
PAGE 19
9307 Ohtani, K., Giles, D.E.A. & Giles, J.A. The risk behavior
of a pre-test estimator in a linear regression model with
possible heteroskedasticity under the L. 17p.
9312 McKeown, P. & Woodfield, A. The welfare cost of taxation in
New Zealand following major tax reform. 36p.
9308 Small, John P. Comparing standard and robust serial
correlation tests in the presence of GARCH errors. 24p.
9309 Small, John P. Testing for serial independence in error
components models: finite sampling results. 9p.
9310 Woodfield, A.E & Shea, K.L. Optimal balanced growth
immigration policy for investors and entrepreneurs. 22p.
9311 Woodfield, A.E. & Shea, K.L. Optimal long-run business
immigration under differential savings functions. 15p.
9313 Small, John P. & Dennis, Richard J. The power of the
Goldfeld-Quandt test when the errors are autocorrelated.
9p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9246 Chamley, Christophe. The welfare cost of taxation and
endogenous growth. 41p.
9308 Ruiz-Castillo, Javier. The distribution of expenditure in
Spain: 1973-74 to 1980-81. 50p.
9317 Arias, Juan, Estevez, Margarita & Herves, Calos. On
non-representable preferences. 4p.
9330 Newland, Carlos & Segundo, Maria J.S. Human capital and
other determinants in the life cycle of the price of a
slave: the case of Spanish America in the . 27p.
9325 Petrakis, Emmanuel & Xepapadeas, Anastasios. Environmental
consciousness and moral hazard in international agreements
to protect the environnent. 18p.
CARNEGIE-MELLON UNIVERSITY. Grad. School of Indus. Admin.
9217 Gode, Dhananjay K. & Sunder, Shyam. Lower bounds for
efficiency of surplus extraction in double auctions. 33p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9301 Avouyi-Dovi, Sanvi & Laffargue, Jean-Pierre. Dynamique des
taux de change a l'interieur du S.M.E. 67p.
9218 Boyer, Robert. Labour institutions and economic growth: a
survey and a "regulationist approach". 55p.
9304 Caillaud, B., Jullien, B. & Picard, P. Competing vertical
structures: precommitment and renegotiation. 53p.
9302 Cohen, Daniel. Growth and external debt. 35p.
9303 Cohen, Daniel. Two notes on economic growth and the Solow
model. 21p.
9217 Landesmann, Michael A. & Petit, Pascal. Trade in producer
services: international specialization and European
integration. 52p.
9316 Laffargue, Jean-Pierre. Une maquette dynamique de
l'economie Francaise avec anticipations rationnelles,
concurrence monopolistique et negoc. 65p.
PAGE 20
9216 Amable, Bruno, et al. Hysteresis: what it is and what it is
not. 25p.
9219 Benard, Jean. Le haut fonctionnaire agent autonome d'un
modele politico-economique. 16p.
9307 Caillaud, B. & Quinet, E. Analyse du caractere incitatif
des contrats de transport urbain. 136p.
9306 Clement, E., Gourieroux, C. & Monfort, A. Modeles lineaires
a facteurs et structure a terme des taux d'interet. 47p.
9305 Grandmont, Jean-Michel. Behavioral heterogeneity and
Cournot oligopoly equilibrium. 30p.
9308 Pereau, Jean-Christophe. La dynamique des prix et des
salaires industriels: contrats echelonnes et anticipations
rationnelles. 24p.
9309 Borisov, Kirill. Equilibrium with profit rate maximizing
producers. 34p.
9310 Clement, E., Gourieroux, C. & Monfort, A. Prevision de
mesures de prix contigents. 41p.
9313 Corneo, Giacomo. Idiosyncratic wage bargaining in an
oligopolistic single market. 31p.
9315 de la Croix, David & Fagnart, Jean-Francois.
Underemployment of labour and equipment in a bargaining
model with forward looking behavior. 23p.
9311 Doz, C. & Malgrange, P. VAR models and short term
forecasting. 23p.
9312 Florenzano, Monique & Gourdel, Pascal. T-period economies
with incomplete markets. 8p.
9314 Henin, Pierre-Yves & Jobert, Thomas. Does profit squeeze
cause unemployment?: comparative evidence from dynamic
multivariate models. 38p.
UNIVERSITY OF CHICAGO. Graduate School of Business.
144 Jones, Larry E., Manuelli, Rodolfo E. & Rossi, Peter E. On
the optimal taxation of capital income. 33p.
COLUMBIA UNIVERSITY. Grad. School of Business-First Boston Series.
9234 Armaos, John. Bank runs and partial suspension of
convertibility. 13p.
9240 Beim, David O. Term structure and the non-cash values in
bonds. 36p.
9233 Beltratti, Andrea, Chichilnisky, Graciela & Heal, Geoffrey.
Option and non-use value of environmental assets. 10p.
9232 Chichilnisky, Graciela, et al. Believing in multiple
equilibria. 15p.
9229 Chichilnisky, Graciela & Heal, Geoffrey M. Arbitrage and
equilibrium in economies with infinitely many securities and
commodities. 25p.
9231 Chichilnisky, Graciela & Heal, Geoffrey. Financial markets
for unknown risks. 20p.
9228 Chichilnisky, Graciela & Heal, Geoffrey. Robustly efficient
equilibria in non-convex economies. 16p.
9230 Chichilnisky, Graciela & Wu, Ho-Mou. Financial innovation
and endogenous uncertainty in incomplete asset markets.
50p.
PAGE 21
9239 Glosten, Lawrence R. Equilibrium in an electronic open
limit order book. 75p.
9236 Hall, Charles, Hamao, Yasushi & Harris, Trevor S. A
comparison of relations between security market prices,
returns & accounting measures in Japan and the United Sta.
37p.
9235 Hamao, Yasushi & Hasbrouck, Joel. Securities trading in the
absence of dealers: trades and quotes on the Tokyo Stock
Exchange. 38p.
9227 Heal, Geoffrey. Stable disequilibrium prices. 8p.
9238 Kim, In Joon, Ramaswamy, Krishna & Sundaresan, Suresh. The
valuation of corporate fixed income securities. 32p.
9237 Sundaresan, Suresh. An empirical analysis of U.S. Treasury
auctions: implications for auction and term structure
theories. 55p.
9304 Fulghieri, Paolo & Rovelli, Riccardo. Capital markets,
financial intermediaries, and the supply of liquidity in a
dynamic economy. 27p.
9301 Goetzman, William N & Brown, Stephen. Attrition and mutual
fund performance. 33p.
9303 Goetzman, William N. & Jorion, Philippe. Testing the
predictive power of dividend yields. 25p.
9306 Nagarajan, S. Are limited liability contracts efficient?:
theory and application. 28p.
9305 Nagarajan, S. & Sealey, C.W. Forbearance, deposit insurance
pricing, and incentive compatible bank regulation. 30p.
9302 Nagarajan, S. & Ramakrishnan, Ram T.S. A theory of trading
intermediation under multilateral asymmetric information.
35p.
9307 Peles, Nadav. Contemporaneous correlations within equity
trading of institutional investors. 38p.
9309 Bresnahan, Timothy F. & Raff, Daniel M.G. Technological
heterogeneity, adjustment costs, and the dynamics of plant
shut down behavior: the American motor veh. 38p.
9311 Chichilnisky, G.. Existence and optimality of general
equilibrium with endogenous uncertainty. 22p.
9316 Chichilnisky, Graciela. Global environment and North-South
trade. 52p.
9317 Chichilnisky, Graciela. Intersecting families of sets and
the topology of cones in economics. 20p.
9314 Chichilnisky, Graciela. Limited arbitrage is necessary and
sufficient for the existence of a competitive equilibrium.
26p.
9312 Chichilnisky, Graciela. Markets, arbitrage and social
choice. 34p.
9315 Chichilnisky, Graciela. North-South trade and the dynamics
of renewable resources. 39p.
9313 Chichilnisky, Graciela. Traditional comparative advantages
vs. economies of scale: NAFTA and the GATT. 29p.
9318 Chichilnisky, Graciela. Who needs energy taxes?. 7p.
9308 Chichilnisky, G. & Heal, G.M. Arbitrage, equilibrium and
the Pareto frontier in Lp and Sobolev spaces. 14p.
9310 Chichilnisky, Graciela & Gruenwald, Paul. The existence of
an optimal path in a growth model with endogenous technical
change. 6p.
PAGE 22
9320 Chichilnisky, Graciela & Heal, Geoffrey M. On the existence
and the topology of equilibrium in incomplete asset markets.
14p.
9319 Edwards, Franklin & Goetzmann, William. Commodity funds as
an investment asset. 34p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9304 Hendon, Ebbe, et al. The product of capacities and belief
functions. 15p.
9303 Tranaes, Torben, Groes, Nils & Larsen, Anders H. A forecast
model for unemployment by education. 18p.
9305 Juselius, Katarina. VAR modeling and Haavelmo's probability
approach to macroeconomic modelling. 29p.
9307 Bonke, Jens. Household production and national accounts.
25p.
9302 Borglin, Andres. Conditional preferences of a savage agent
who satisfies Savage-independence and is consistent with a
Von Neumann-Mo. 29p.
9209 Hendon, Ebbe, et al. Expected utility under uncertainty.
36p.
9210 Hendon, Ebbe, et al. Learning, tracing, and risk dominance.
16p.
9308 Hendon, Ebbe, Sloth, Birgitte & Tranaes, Torben.
Decentralized trade with bargaining and voluntary matching.
29p.
9205 Hendon, Ebbe, Jacobsen, Hans J. & Sloth, Birgitte. The
one-deviation principle for sequential rationality. 14p.
9301 Lando, Henrik. The dual-class share system and the
allocation of control over time. 15p.
9306 Lando, Henrik. Some determinants of insider power in the
labor market. 23p.
9206 Schultz, Christian. A note on strongly renegotiation proof
equilibria. 6p.
9212 Tranaes, Torben. Path perfectness in games of perfect
information. 25p.
9310 Heinesen, Eskil. A macroeconomic rationing model estimated
by cointegration techniques and generalized method of
moments. 32p.
9309 Hendon, Ebbe, et al. Does the Allais Paradox contradict the
independence axiom?: experimental reconsiderations. 20p.
9311 Persson, Karl G. Total factor productivity growth in
English agriculture, 1250-1450. 18p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9213 Easley, David, Kiefer, Nicholas M. & O'Hara, Maureen. One
day in the life of a very common stock. 40p.
9207 Francis, Peter J. & Hosken, Daniel S. Extrinsic
uncertainty: an example. 11p.
9302 Kelly, Morgan. Division of labor and the extent of the
market on the dynamics of industrialization. 32p.
9303 Kelly, Morgan. The microeconomics of the sudden takeoff.
23p.
PAGE 23
9301 Kemp, Murray C. & Wan, Henry Y. On lumpsum compensation.
33p.
9210 Legros, Patrick. Information revelation in repeated
delegation. 31p.
9304 Legros, Patrick & Newman, Andrew F. Wealth effects,
distribution, and the theory of organization. 52p.
9306 Ma, Chien-Hui & Smith, Bruce D. Credit market imperfections
and economic development: theory and evidence. 41p.
9305 Ok, Efe A. Fuzzy measurement of income inequality, I: some
possibility results on the fuzzification of the Lorenz
ordering. 33p.
9212 Rolnick, Arthur J., Smith, Bruce D. & Weber, Warren E. The
origins of monetary union in the United States. 40p.
9208 Shell, Karl & Smith, Bruce D. The overlapping generations
model and monetary economics. 16p.
9209 Shell, Karl & Smith, Bruce D. Sunspot equilibrium. 20p.
9211 An, Mark & Kiefer, Nicholas M. Lattice games: evolution and
equilibria selection. 22p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1035 Andrews, Donald W.K. The large sample correspondence
between classical hypothesis tests and Bayesian posterior
odds tests. 38p.
1033 Karatzas, Ioannis, Shubik, Martin & Sudderth, William D.
Construction of stationary Markov equilibria in a strategic
market game. 44p.
1037 Miller, John H. & Shubik, Martin. Some dynamics of a
strategic market game with a large number of agents. 29p.
1034 Sims, Christopher A. A nine variable probabilistic
macroeconomic forecasting model. 37p.
1040 Phillips, Peter C.B. Hyper-consistent estimation of a unit
root in time series regression. 19p.
1039 Phillips, Peter C.B. Some exact distribution theory for
maximum likelihood estimators of cointegrating coefficients
in error correction . 28p.
1038 Phillips, Peter C.B. & Ploberger, Werner. Time series
modeling with a Bayesian frame of reference: concepts,
illustration and asymptotics. 64p.
1036 Shiller, Robert J. Measuring asset values for cash
settlement in derivative markets: hedonic repeated measures
indices and perpetual f. 35p.
1041 Ericson, Richard & Pakes, Ariel. An alternative theory of
firm and industry dynamics. 65p.
1043 Shubik, Martin & Tsomocos, D.P. A strategic market game
with seigniorage costs of fiat money. 18p.
1042 Tobin, James. An old Keynesian counterattacks. 22p.
1044 Grandmont, Jean-Michael. Behavioral heterogeneity and
Cournot oligopoly equilibrium. 30p.
1045 Mendelsohn, Robert, Nordhaus, William D. & Shaw, Daigee.
Measuring the impact of global warming on agriculture. 40p.
1047 Phillips, Peter C.B. Fully modified least squares and
vector autoregression. 79p.
1046 Shubik, Martin & Yao, Shuntian. The money rate of interest
and the influence of assets in a multistage economy with
gold or paper money, pt 1. 42p.
PAGE 24
1048 Shiller, Robert J. Aggregate income risks and hedging
mechanisms. 36p.
1049 Hajivassiliou, Vassilis A.. Simulating normal rectangle
probabilities and their derivatives: the effects of
vectorization. 39p.
1051 Hajivassiliou, Vassilis A. & Ruud, Paul A. Classical
estimation methods for LDV models using simulation. 46p.
1052 Klevorick, Alvin K., et al. On the sources and significance
of interindustry differences in technological opportunities.
47p.
1050 Shubik, Martin & Yao, Shuntian. The money rate of interest
and the influence of assets in a multistage economy with
gold or paper money, pt 2. 32p.
1053 Andrews, Donald W.K. & McDermott, C. John. Nonlinear
econometric models with deterministically trending
variables. 25p.
1054 Linton, Oliver. Adaptive estimation in ARCH models. 57p.
1055 Phillips, Peter C.B. Forward exchange market unbiasedness:
the case of the Australian dollar since 1984. 38p.
1056 Shubik, Martin. The theory of money and financial
institutions. 33p.
1059 Andrews, Donald W.K. Empirical process methods in
econometrics. 57p.
1058 Andrews, Donald W.K. & Ploberger, Werner. Admissibility of
the likelihood ratio test when a nuisance parameter is
present only under the alternative. 32p.
1057 Hajivassiliou, Vassilis A. A simulation estimation analysis
of the external debt crises of developing countries. 26p.
1060 Andrews, Donald W.K. Hypothesis testing with a restricted
parameter space. 41p.
1062 Geanakoplos, John. Common knowledge. 73p.
1063 Hajivassiliou, Vassilis A. Macroeconomic shocks in an
aggregative disequilibrium model. 21p.
1061 Tobin, James. The natural rate as new classical
macroeconomics. 17p.
DUKE UNIVERSITY. Institute of Statistics and Decision Sciences.
9202 Cao, Guoliang & West, Mike. Computing distributions of
order statistics. 9p.
9205 Erkanli, Al. Reconstruction of marginal posterior
densities. 19p.
9220 Escobar, Michael D. & West, Mike. Computing Bayesian
nonparametric hierarchical models. 22p.
9207 Lavine, Michael. A note on bounding Monte Carlo variances.
6p.
9301 Mukhopadhyay, Saurabh & Haines, Linda. Bayesian D-optimal
designs for the exponential growth model. 18p.
9223 Muliere, Pietro, Parmigiani, Giovanni & Polson, Nicholas G.
A note on the residual entropy function. 10p.
9234 Parmigiani, Giovanni. Design of partially observable
survival data. 15p.
9232 Vidakovic, Brani. Gamma-minimax estimation with ordered
observations. 10p.
PAGE 25
9206 West, Mike. Discovery sampling and selection models. 16p.
9203 West, Mike. Hyperparameter estimation in Dirichlet process
mixture models. 6p.
9221 West, Mike. Inference in successive sampling discovery
models. 25p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
809 Christodoulakis, Nicos, Dimelis, Sophia P. & Kollintzas,
Tryphon. Comparisons of business cycles in Greece and the
EC: idosyncracies and regularities. 51p.
ERASMUS UNIVERSITY. Institute for Economic Research.
9219 Letterie, W.A., Reedijk, P.J. & Swank, O.H. Models of voter
behavior: an application to The Netherlands. 23p.
9217 Belderbos, Rene A. Local content rules, final goods
duopoly, and vertical market structure. 25p.
9216 Swank, O.H. & Hebbink, G.E. Estimation of preference
weights in a model of monetary policy with multiplicative
uncertainty. 26p.
9218 Vollebergh, Herman R.J. Informational complexities and the
fundamental theorems of welfare economics. 15p.
9220 Boone, J. & van Dijk, J.J. Competitive location on a plane
with discrete demand and managerial objectives. 13p.
9223 Swank, Otto H. The advantage of tying one's economist's
hand: the value of information in a monetary policy model.
15p.
9221 Swank, Otto H. Partisan views on the economy. 18p.
9222 Swank, Otto H. Rational voters in a partisanship model.
29p.
UNIVERSITY OF ESSEX. Department of Economics.
408 Bergstrom, A.R., Nowman, K.B. & Wandasiewicz, S. Monetary
and fiscal policy in a second order continuous time
macroeconometric model of the United Kingdom. 63p.
410 Chambers, Marcus J. The estimation of continuous parameter
long-memory time series models. 30p.
412 Coles, Melvyn G. Understanding the matching function: the
role of newspapers and job agencies. 17p.
411 Price, Simon & Insukindro. The demand for Indonesian narrow
money: long run equilibrium, error correction and forward
looking behavior. 22p.
409 Shorrocks, Anthony F. Spell incidence, spell duration and
the measurement of unemployment. 23p.
416 Bailey, R.E & Chambers, M.J. Short-term demographic
interactions in pre-census England: a stochastic
differential equations approach. 30p.
414 Choi, S.W. & Price, Simon. The effectivesness of U.K.
stabilisation policy under fixed and floating exchange rates
regimes. 25p.
415 Clark, Andrew E. Job satisfaction and gender: why are women
so happy at work?. 35p.
PAGE 26
413 Price, Simon. Aggregate uncertainty and consumers'
expenditure in the U.K. 26p.
417 Price, Simon. The effect of aggregate uncertainty on the
demand for manufacturing labour in U.K. 19p.
419 Clark, Andrew E. & Oswald, Andrew J. Satisfaction and
comparison income. 51p.
421 DeFraja, Giovanni & Muthoo, Abhinay. Sequential bargaining
in a small market with asymmetric information. 29p.
420 Muthoo, Abhinay. A bargaining model based on the commitment
tactic. 50p.
418 Shorrocks, Anthony F. On the measurement of unemployment.
23p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
78 Canova, Fabio. Three tests for the existence of cycles in
time series. 28p.
91 Ehrbeck, Tilman. Rejecting rational expectations in panel
data:some new evidence. 44p.
89 Hammond, Peter J. Aspects of rationalizable behavior. 31p.
83 Kirman, Alan & Phlips, Louis. Exchange rate pass-through
and market structure. 19p.
93-3 Harstad, Ronald M. & Phlips, Louis. Futures market
contracting when you don't know who the optimists are. 42p.
9318 Herguera, Inigo. Exchange rate fluctuations, market
stucture and the pass-through relationship. 31p.
93-4 Kirman, Alan & Phlips, Louis. Empirical studies of product
markets. 34p.
9315 Maravall, Agustin. Short-term analysis of macroeconomic
time series. 30p.
9319 Maravall, Agustin. Use and misuse of unobserved components
in economic forecasting. 27p.
100 Martin, Stephen. Oligopoly limit pricing with form-specific
cost uncertainty. 17p.
93-8 Palomino, Frederic. Informed speculation: small markets
against large markets. 26p.
9314 Phlips, Louis. Price leadership and conscious parallelism:
a survey. 25p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9302 Beenstock, Michael, Metzer, Jacob & Ziv, Sanny. Immigration
and the Jewish economy in mandatory Palestine: an
econometric exploration. 73p.
9303 Gronau, Reuben. The economics of toll roads. 15p.
9303 Gronau, Reuben. Optimal road capacity with a suboptimal
congestion toll: a note. 9p.
9301 Hellerstein, Judith K. & Neumark, David. Sex, wages, and
productivity: an empirical analysis of Israeli firm-level
data. 38p.
9202 Angrist, Joshua D. Wages and employment in the West Bank
and the Gaza Strip, 1981-1990. 50p.
9201 Gronau, Reuben. The allocation of time of Israeli married
women revisited. 27p.
PAGE 27
9304 Beenstock, Michael. Failure to absorb: return-migration by
immigrants to Israel. 24p.
9305 Beenstock, Michael. Learning Hebrew and finding a job: an
econometric analysis of immigrant absorption in Israel.
46p.
9309 Hellerstein, Judith K. & Neumark, David. Are earnings
profiles steeper than productivity profiles?: evidence from
Israeli firm-level data. 32p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9213 Gordon, David B. & Leeper, Eric M. The dynamic impacts of
monetary policy: an exercise in tentative identification.
54p.
9214 Roberds, William. Budget constraints and time series
evidence on consumption: comment. 9p.
9216 Cohen, Hugh & Heath, David. A new method of testing pricing
models as applied to forward interest rate models. 38p.
9215 Roberds, William, Runkle, David & Whiteman, Charles H.
Another hole in the ozone layer: changes in FOMC operating
procedure and the term structure. 46p.
9301 Leeper, Eric M. Has the Romers' narrative approach
identified monetary policy shocks?. 22p.
93-2 Hunter, William C., Verbrugge, James A. & Whidbee, David A.
Risk taking and failure in de novo savings and loans in the
l980's. 30p.
93-4 Best, Ronald W. & Smith, Stephen D. Some implication of
risk neutrality for time variation in stock returns. 23p.
93-5 Gordon, David B. & Leeper, Eric M. The dynamic impacts of
monetary policy: an exercise in tentative identification.
56p.
93-3 Hunter, William C. & Timme, Stephen G. Core deposits and
physical capital: a reexamination of bank scale economies
and efficiency with quasi-fixed inputs. 33p.
93-6 Noe, Thomas H., Rebello, Michael J. & Wall, Larry D.
Managerial rents and optimal regulatory intervention in
troubled banks. 44p.
93-9 Ackert, Lucy F. & Hunter, William C. Rational expectations
and the dynamic adjustment of security analysts' forecasts
to new information. 24p.
9310 Tallman, Ellis W. & Moen, Jon R. Liquidity shocks and
financial crises during the national banking era. 25p.
93-7 Abken, Peter A. Generalized method of moments tests of
forward rate processes. 36p.
93-8 Chang, Roberto. Private investment and sovereign debt
negotiations. 46p.
9313 Chang, Roberto. Financial integration with and without
international policy coordination. 29p.
9314 Cohen, Hugh & Roberds, William. Towards the systematic
measurement of systematic risk. 32p.
9312 Espinosa, Marco & Russell, Steven. Monetary policy,
interest rates, and inflation: budget arithmetic revisited.
36p.
9311 Tallman, Ellis W. & Wang, Ping. Educational achievement and
economic growth: evidence from Taiwan. 33p.
PAGE 28
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9232 Eichenbaum, Martin & Evans, Charles. Some empirical
evidence on the effects of monetary policy shocks on
exchange rates. 46p.
9219 Evans, Charles, Strongin, Steven & Eugeni, Francesca. A
policymaker's guide to indicators of economic activity.
71p.
9218 King, Robert G. & Watson, Mark W. Testing long run
neutrality. 45p.
9226 Petersen, Bruce & Strongin, Steven. Market structure,
technology and the cyclicality of output. 23p.
92-7 Stock, James H. & Watson, Mark W. A procedure for
predicting recessions with leading indicators: econometric
issues and recent performance. 79p.
92-6 Watson, Mark W. Business cycle durations and postwar
stabilization of the U.S. economy. 34p.
9225 Strongin, Steven. Excess volatility and the smoothing of
interest rates: an application using money announcements.
20p.
9227 Strongin, Steven. The identification of monetary policy
disturbances: explaining the liquidity puzzle. 41p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9216 Huffman, Gregory W. An analysis of the impact of two fiscal
policies on the behavior of a dynamic asset market. 38p.
9301 Gould, David & Ruffin, Roy J. Human capital externalities,
trade, and economic growth. 37p.
9302 Welch, John. The new face of Latin America: financial
flows, markets, and institutions in the 1990's. 38p.
9303 Bond, Eric W., Wang, Pang & Yip, Chong K. A general two
sector model of endogenous growth with human and physical
capital. 39p.
9304 Grosskopf, S., et al. The political economy of school
reform. 28p.
9306 Haslag, Joseph H. & Hein, Scott E. Constructing an
alternative measure of changes in reserve requirement
ratios. 26p.
9305 Palivos, Theodore & Wang, Ping. Money, output, and income
velocity. 31p.
9307 Tallman, Ellis W. & Wang, Ping. Money demand and relative
prices during episodes of hyperinflation. 38p.
9309 Balke, Nathan S. & Emery, Kenneth M. The algebra of price
stability. 28p.
9308 Haslag, Joseph. On quantity theory restrictions and the
signalling of the money multiplier. 29p.
9310 Haslag, Joseph H. & Hein, Scott E. Does it matter how
monetary policy is implemented?. 41p.
9311 Wang, Ping & Yip, Chong K. Real effects of money and
welfare costs of inflation in an endogenously growing
economy w/ transactions costs. 33p.
9312 Duca, John V. & Rosenthal, Stuart S. Borrowing constraints,
household debt, and racial discrimination in loan markets.
33p.
PAGE 29
9313 Gruben, William C. & Welch, John H. Default risk,
dollarization, and currency substitution in Mexico. 25p.
9316 Haslag, Joseph H. Price stabilization, output stabilization
and coordinated monetary policy actions. 25p.
9315 Rogers, John H. & Wang, Ping. Output, inflation, and
stabilization in a small open economy: evidence from Mexico.
30p.
9317 Huffman, Gregory W. An alternative neo-classical growth
model with closed-form decision rules. 6p.
9318 Koenig, Evan F. & Emery, Kenneth M. Why the composite index
of leading indicators doesn't lead. 31p.
9322 Balke, Nathan S. & Wynne, Mark A. Recessions and recoveries
in real business cycle models: do real business models
generate cyclical behavior?. 56p.
9314 Cox, W. Michael. Technological unemployment. 36p.
9321 Duca, John V. Should bond funds be included in M2?. 38p.
9319 Taylor, Lori L. Allocative inefficiency and local
government: evidence rejecting the Tiebout hypothesis. 15p.
9320 Wynne, Mark A. The output effects of government
consumption: a note. 11p.
9324 Bond, Eric W., Wang, Ping & Yip, Chong K. A general
two-sector model of endogenous growth with human and
physical capital balanced growth and transitional dy. 40p.
9331 Feliz, Raul A. & Welch, John H. The credibility and
performance of unilateral target zones: a comparison of the
Mexican and Chilean cases. 37p.
9326 Freeman, Scott. Clearinghouse banks and banknote
over-issue. 29p.
9328 Freeman, Scott & Haslag, Joseph H. On the optimality of
interest bearing reserves in economies of overlapping
generations. 20p.
9323 Gould, David M. & Woodbridge, Graeme L. Retaliation,
liberalization, and trade wars: the political economy of
nonstrategic trade policy. 28p.
9330 Greenwood, Jeremy & Huffman, Gregory W. On the existence of
nonoptimal equilibria in dynamic stochastic economies. 14p.
9325 Lee, Maw-Lin, Liu, Ben-Chieh & Wang, Ping. Growth and
equity with endogenous human capital: Taiwan's economic
miracle revisited. 14p.
9332 Ruffin, Roy J. Endogenous growth and international trade.
24p.
9327 Yucel, Mine & Guo, Shengyi. Coal, natural gas and oil
markets after World War II: What's old, what's new?. 17p.
9333 Becsi, Zsolt. Wealth effects, heterogeneity and dynamic
fiscal policy. 43p.
9334 Freeman, scott. The inefficiency of seigniorage from
required reserves. 5p.
9335 Welch, John H. Problems of testing fiscal solvency in high
inflation economies: evidence from Argentina, Brazil, and
Mexico. 9p.
9337 Brown, Stephen P.A. & Huntington, Hillard G. Assessing the
economic cost of unilateral oil conservation. 36p.
9339 Koenig, Evan F. Searching for a stable M2-demand equation.
40p.
PAGE 30
9338 McLeod, Darryl & Welch, John H. Exchange rate uncertainty
and economic growth in Latin America. 31p.
9340 Wynne, Mark A. & Sigalla, Fiona. A survey of measurement
biases in price indexes. 102p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
5/92 Gunther, Jeffery W. Regional capital imbalances and the
removal of interstate banking restrictions. 8p.
1/93 Hooks, Linda & Opler, Tim C. The determinants of corporate
bank borrowing. 21p.
2/93 Cole, Rebel A. & Gunther, Jeffrey W. Separating the
likelihood and timing of bank failure. 21p.
3/93 Gunther, Jeffery W. & Moore, Robert R. The long-run
relationship between bank capital and lending. 16p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9205 Clark, Todd. Business cycle fluctuations in U.S. regions
and industries: the roles of national, region-specific, and
industry-sp. 42p.
9207 Becketti, Sean & Morris, Charles. Does money matter
anymore?: a comment on Friedman and Kuttner. 11p.
9206 Golub, John E. A regime shift in measured per capita
consumption, with implications for asset prices and returns.
41p.
9208 Keeton, William R. Monetary policy implications of bank
security holdings and large CD's. 44p.
9209 Morgan, Donald P. Bank loan commitments and the lending
view of monetary policy. 35p.
9210 Caskey, John P. Bank representation in low-income and
minority urban communities. 30p.
9212 Hakkio, Craig S. Monetary transmission channels in major
foreign industrial countries: a comment. 21p.
9211 Smith, Tim R. Determinants of rural growth: winners and
losers in the 1980's. 46p.
9301 Chirinko, Robert S. Business fixed investment spending: a
critical survey of modeling strategies, empirical results,
and policy implica. 116p.
9303 Chirinko, Robert S. & Schaller, Huntley. Bubbles,
fundamentals, and investment: a multiple equation testing
strategy. 52p.
9302 Weiner, Stuart E. Determinants of the decline in union
COLA's. 19p.
9304 Clark, Todd E. Rents and prices of housing across areas of
the U.S.: a cross-section exam of the present value model.
30p.
9306 Chirinko, Robert S. & Fazzari, Steven M. Economic
fluctuations, market power, and returns to scale: evidence
from firm level data. 48p.
9305 Clark, Todd E. Cross-country evidence on long run growth
and inflation. 38p.
9310 Caskey, John P. & Peterseon, Andrew. Who has a bank account
and who doesn't: 1977 and 1989. 22p.
PAGE 31
9308 Chirinko, Robert S. Non-convexities, labor hoarding,
technology shocks, and procyclical productivity: a
structural econometric approach. 56p.
9307 Chirinko, Robert S.. On the Keynesian investment function
and the investment function(s) of Keynes. 45p.
9309 Sibert, Anne & Liu, Lihong. Government finance in a model
of currency substitution. 33p.
9311 Filardo, Andrew J. & Gordon, Stephen F. Business cycle
durations. 28p.
9312 Hakkio, Craig S., Rush, Mark & Schmidt, Timothy J. The
marginal income tax rate schedule from 1930 to 1990. 34p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
491+re Kehoe, Timothy J. Towards a dynamic general equilibrium
model of North American trade. 32p.
156 Chari, V.V. & Cole, Harold. A contribution to the theory of
pork barrel spending. 38p.
157 Glosten, Lawrence R., Jagannathan, Ravi & Runkle, David E.
On the relation between the expected value and the
volatility of the nominal return on stocks. 35p.
162 Atkeson, Andrew & Kehoe, Patrick J. Industry evolution and
transition: the role of information capital. 30p.
161 Champ, Bruce A., Wallace, Neil & Weber, Warren E. Interest
rates under the U.S. national banking system. 24p.
160 Chari, V.V., Christiano, Lawrence J. & Kehoe, Patrick J.
Optimal fiscal policy in a business cycle model. 46p.
158 Chari, V.V., Christiano, Lawrence J. & Kehoe, Patrick J.
Optimality of the Friedman rule in economies with distorting
taxes. 28p.
159 Glosten, Lawrence R. & Jaganathan, Ravi. A contingent claim
approach to performance evaluation. 45p.
164 McGrattan, Ellen R. Solving the stochastic growth model
with a finite element method. 19p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
78 Altig, David & Carlstrom, Charles T. The efficiency and
welfare effects of tax reform: are fewer tax brackets better
than more?. 40p.
77 Quah, Danny & Sargent, Thomas J. A dynamic index model for
large cross sections. 32p.
79 Bils, Mark & Cho, Jang-Ok. Cyclical factor utilization.
50p.
80 Cho, Jang-Ok & Phaneuf, Louis. A business cycle model with
nominal wage contracts and government. 39p.
83 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
33p.
85 Glomm, Gerhard & Ravikumar, B. Endogenous expenditures on
public schools and persistent growth. 28p.
84 Ghysels, Eric. A time series model with periodic stochastic
regime switching. 53p.
82 Matsuyama, Kiminori. Custom versus fashion: path-dependence
and limit cycles in a random matching game. 45p.
PAGE 32
81 Matsuyama, Kiminori. Modeling complementarity in
monopolistic competition. 36p.
86 Laitner, John & Juster, F. Thomas. New evidence on
altruism: a study of TIAA-CREF retirees. 41p.
FEDERAL RESERVE BANK OF PHILDELPHIA. Economic Research Division.
9221 Crone, Theodore M. & Voith, Richard P. Estimating house
price appreciation: a comparison of methods. 23p.
9220 Lang, William W. & Nakamura, Leonard I. "Flight to quality"
in bank lending and economic activity. 32p.
9222 Ahmed, Shaghil & Park, Jae Ha. Sources of macroeconomic
fluctuations in small open economies. 41p.
9224 Calem, Paul S. & Mester, Loretta J. Search, switching
costs, and the stickiness of credit card interest rates.
21p.
9223 Shaffer, Sherrill. A note on antitrust in a stochastic
market. 12p.
9225 Hopper, Gregory P. Can a time-varying risk premium explain
the failure of uncovered interest parity in the marketing
for foreign excha. 43p.
9226 Taylor, Herb. PSTAR+: a small macro model for policymakers.
32p.
93-3 Berlin, Mitchell & Mester, Loretta J. Financial
intermediation as vertical integration. 42p.
93-1 Carlino, Gerald & DeFina, Robert. Regional income dynamics.
29p.
93-5 Cheung, Yin-Wong & Diebold, Francis X. On maximum
likelihood estimation of the differencing parameter of
fractionally integrated noise... 27p.
93-6 Diebold, Francis X. On comparing information in forecasts
from econometric models: a comment on Fair and Shiller.
18p.
93-2 Diebold, Francis X., Fardeazabal, Javier & Yilmaz, Kamil.
On cointegration and exchange rate dynamics. 14p.
93-4 Diebold, Francis X. & Schuermann, Til. Exact maximum
likelihood estimation of ARCH models. 20p.
9309 Chatterjee, Satyajit, Cooper, Russell W. & Ravikumar, B.
Strategic complementarity in business formation: aggregate
fluctuations and sunspot equilibria. 26p.
93-7 DeFina, Robert H. & Taylor, Herbert E. Monetary policy and
oil price shocks: empirical implications of alternative
responses. 30p.
93-8 Shaffer, Sherrill. Stable cartels with a Cournot fringe.
21p.
9310 Mailath, George J. & Mester, Loretta J. When do regulators
close banks?: when should they?. 34p.
9312 Diebold, Francis X., Lee, Joon-Haeng & Weinbach, Gretchen C.
Regime switching with time-varying transition
probabilities. 27p.
9311 Diebold, Francis X. & Chen, Celia. Testing structural
stability with endogenous break point: a size comparison of
analytic and bootstrap procedures. 39p.
9313 Ball, Laurence & Mankiw, N. Gregory. Relative price changes
as aggregate supply shocks. 44p.
PAGE 33
9314 Croushore, Dean. Ricardian equivalence with wage-rate
uncertainty. 24p.
9317 Hughes, Joseph P. & Mester, Loretta J. Accounting for the
demand for financial capital and risk-taking in bank cost
functions. 32p.
9316 Mester, Loretta J. Why are credit card rates sticky?. 42p.
9315 Nakamura, Leonard I. Loan screening within and outside of
customer relationships. 39p.
9318 McAndrews, James J. & Kauffman, Robert J. Network
externalities and shared electronic banking network
adoption. 29p.
9320 Ahmed, Shaghil. Money and output: the relative importance
of real and nominal shocks. 46p.
9319 Calem, Paul S. Patterns of residential mortgage activity in
Philadelphia's low and moderate income neighborhoods:
1990-91. 33p.
9321 Ball, Laurence. What determines the sacrifice ratio?. 42p.
9323 Calem, Paul S. & Nakamura, Leonard I. The impact of branch
banking on pricing and service availibility: theory and
evidence. 33p.
9322 Carlino, Gerald & Mills, Leonard. Testing neoclassical
convergence in regional incomes and earnings. 33p.
9324 Nakamura, Leonard I. Recent research in commercial banking:
information and lending. 27p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
215 Gorton, Gary & Rosen, Richard. Corporate control, portfolio
choice, and the decline of banking. 50p.
216 Orphanides, Athanasios & Zervos, David. Rational addiction
with learning and regret. 45p.
214 Stehm, Jeff. Clearance and settlement of mortgage-backed
securities through the Participants Trust Company. 43p.
93-2 Bomfin, Antulio N. Forecast-heterogeneity in the business
cycle: small deviations from rationality and large dynamic
effects. 43p.
93-6 Gertler, Mark & Gilchrist, Simon. The cyclical behavior of
short term business lending: implications for financial
propagation mechanisms. 11p.
93-4 Gertler, Mark & Gilchrist, Simon. Monetary policy, business
cycles and the behavior of small manufacturing firms. 45p.
93-5 Gertler, Mark & Gilchrist, Simon. The role of credit market
imperfections in the monetary transmission mechanism:
arguments & evidence. 30p.
93-7 Gilchrist, Simon & Himmelberg, Charles P. Evidence on the
role of cash flow for investment. 23p.
93-1 Kaminsky, Graciela L. & Lewis, Karen K. Does foreign
exchange intervention signal future monetary policy?. 40p.
93-3 Starr-McCluer, Martha. Are shocks to labor demand
transitory or persistent?: evidence from labor flows and
wages. 40p.
93-8 Oliner, Stephen D. & Rudebusch, Glenn D. Is there a bank
credit channel for monetary policy?. 45p.
93-9 Berger, Allen N. & Udell, Gregory F. Lines of credit,
collateral, and relationship lending in small firm finance.
42p.
PAGE 34
9311 Fuhrer, Jeffrey, Moore, George & Schuh, Scott. Estimating
the linear quadratic inventory model: maximum likelihood
versus generalized method of moments. 54p.
9310 Sharpe, Steven A. Financial market imperfections, firm
leverage and the cyclicality of employment. 36p.
9312 Beaulieu, J. Joseph. Optimal durable and nondurable
consumption with transactions costs. 44p.
9313 Beaulieu, J. Joseph. Utilizing cross-sectional evidence in
modeling aggregate time series: consumer durables with fixed
costs of adjustm. 38p.
9317 Fuhrer, Jeff & Moore, George. Inflation persistence. 54p.
9316 Fuhrer, Jeff & Moore, George. Monetary policy and the
behavior of long-term real interest rates. 32p.
9315 Orphanides, Athanasios & Zervos, David. Optimal consumption
dynamics with non-concave habit forming utility. 9p.
9314 Swamy, P.A.V.B. & Tavlas, George S. Random coefficient
models: theory and applications. 50p.
9318 Berger, Allen N. & Hannan, Timothy H. Using efficiency
measures to distinguish among alternative explanations of
the structure-performance relationships . 33p.
9322 Brayton, Flint & Tinsley, P.A. Interest rate policies for
price stability. 40p.
9320 Cole, Rebel A. & Gunther, Jeffrey W. Separating the
likelihood and timing of bank failure. 21p.
9326 Crabbe, Leland & Helwege, Jean. Alternative tests of agency
theories of callable corporate bonds. 41p.
9324 Gilles, Christian, Coleman, John & Labadie, Pamela.
Identifying monetary policy with a model of the federal
funds rate. 27p.
9323 Gilles, Christian & LeRoy, Stephen F. Stochastic bubbles in
Markov economies. 26p.
9319 Kupiec, Paul H. On the efficacy of a portfolio approach to
margin setting in a futures-style settlement system. 66p.
9325 Swamy, P.A.V.B. & Thurman, Stephen S. Exchange rate
episodes and the passthrough of exchange rates to import
prices. 18p.
9321 Tinsley, P.A. Fitting both data and theories: polynomial
adjustment costs and error correction decision rules. 50p.
9328 Bartelsman, Eric J. & Cleveland, William P. Joint seasonal
adjustment of economic time series. 30p.
9327 Kupiec, Paul H. The performance of S & P 500 futures
product margins under the SPAN margining system. 17p.
9329 West, Kenneth D. & Wilcox, David W. Some evidence on finite
sample behavior of an instrumental variables estimator of
the linear quadratic inventory mo. 30p.
9330 Pulley, Lawrence B., Berger, Allen N. & Humphrey, David B.
Do consumers pay for one-stop banking?: evidence from a
non-standard revenue function. 30p.
9335 Cole, Rebel A., Eisenbeis, Robert E. & McKenzie, Joseph A.
Asymmetric information & principal agent problems as sources
of value in FSLIC assisted acquisitions of insolvent t.
42p.
9334 Cole, Rebel A. & McKenzie, Joseph A. Thrift asset class
returns and the efficient diversification of thrift
institution portfolios. 29p.
PAGE 35
9331 Clouse, James A. Some monetary policy implications of
safety and soundness reforms. 45p.
9333 Kaminsky, Graciela & Leiderman, Leonardo. High real
interest rates in the aftermath of disinflation: actual or
expected?. 21p.
9332 Kozicki, Sharon. Techniques for estimating dynamic
comovement with an application to common international
output fluctuations. 45p.
9336 Rosen, Richard J. What goes up must come down?: asymmetries
and persistence in bank deposit interest rates. 44p.
FEDERAL RESERVE BOARD. International Finance Papers.
439 Marquez, Jaime. Life expectancy of international cartels:
an empirical analysis. 12p.
440 Campos, Julia, Ericsson, Neil R. & Hendry, David F.
Cointegration tests in the presence of structural breaks.
26p.
441 West, Kenneth D., Edison, Hali J. & Cho, Dongchul. A
utility based comparison of some models of exchange rate
volatility. 45p.
442 Irwin, Douglas A. The GATT's contribution to economic
recovery in post-war Western Europe. 35p.
443 Glick, Reuven & Rogoff, Kenneth. Global versus
country-specific productivity shocks and the current
account. 49p.
444 Stevens, Guy V.G. Exchange rates and foreign direct
investment: a note. 9p.
445 Chang, Valerie J. & Mann, Catherine L. Industry
restructuring and export performance: evidence on the
transition in Hungary. 34p.
447 Faust, Jon. Near observational equivalence and unit root
processes: formal concepts and implications. 22p.
446 Feenstra, Robert C., Gagnon, Joseph E. & Knetter, Michael M.
Market share and exchange rate pass-through in world
automobile trade. 31p.
448 Ammer, John. Macroeconomic risk and asset pricing:
estimating the APT with observable factors. 46p.
449 Ammer, John & Mei, Jianping. Measuring international
economic linkages with stock market data. 34p.
453 Bryson, Jay H. Macroeconomic stabilization through monetary
and fiscal policy coordination: implications for EMU. 20p.
452 Gibson, Michael S. Long-term banking relationships in
general equilibrium. 35p.
450 Stevens, Guy V.G. Internal funds and the investment
function. 32p.
451 Thomas, Charles P. The role of fiscal policy in an
incomplete markets framework. 37p.
457 Ericsson, Neil R., Hendry, David F. & Tran, Hong-Anh.
Cointegration, sasonality, encompassing, and the demand for
money in the United Kingdom. 58p.
454 Gagnon, Joseph E. & Unferth, Mark D. Is there a world real
interest rate?. 28p.
456 Hooper, Peter & Marquez, Jaime. Exchange rates, prices, and
external adjustment in the United States and Japan. 69p.
PAGE 36
455 Mann, Catherine L., Lenway, Stefanie & Utter, Derek.
Political and economic consequences of alternative
privatization strategies. 32p.
458 Henderson, Dale W. & McKibbin, Warwick J. A comparison of
some basic monetary policy regimes for open economies:
implications of different degrees of instrum. 119p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
201 Fischer, Jeffrey H. Product variety and consumer search.
19p.
199 Parsons, Steven G. & Ward, Michael R. Telecommunications
bypass and the "Brandon Effect". 26p.
202 Wellford, Charissa P. Antitrust: results from the
laboratory. 70p.
203 Simpson, John. The antitrust implications of entry by
small-scale hospitals. 19p.
UNIVERSITY OF FLORIDA. Department of Economics.
91-5 Cheng, Leonard K. & Dinopoulos, Elias. International
Schumpeterian business cycles and economic growth. 41p.
9215 Cheng, Leonard K. & Dinopoulos, Elias. Schumpeterian growth
and stochastic economic fluctuations. 30p.
9214 Dinopoulos, Elias. Schumpeterian product evolution and
vanishing growth. 52p.
92-9 Syropoulos, Constantinos, Dinopoulos, Elias & Kreinin,
Mordechai E. Bilateral quota wars. 14p.
9306 Dinopoulos, Elias, Kreinin, Mordechai E. & Syropoulos,
Constantinos. Agricultural trade policy games: a general
equilibrium welfare analysis. 28p.
9305 Dinopoulos, Elias, Lewis, Tracy R. & Sappington, David E.M.
Optimal industrial targeting with unknown learning by doing.
30p.
9303 Husted, Thomas A., Kenny, Lawrence W. & Morton, Rebecca B.
Evidence on the truthfulness of the campaign information
provided about incumbent legislators. 32p.
9304 Kenny, Lawrence W. & Morton, Rebecca B. Representation,
parties, and policies divergence in the U.S. Senate. 21p.
9302 Kenny, Lawrence W. & Toma, Mark. The role of tax bases and
collection costs in the determination of income tax rates,
seigniorage & inflation. 18p.
HARVARD UNIVERSITY. Institute of Economic Research.
1616 Banerjee, Abhijit & Weibull, Jorgen W. Evolution and
rationality: some recent game theoretic results. 32p.
1615 Barro, Robert J., Mankiw, N. Gregory & Sala-i-Martin,
Xavier. Capital mobility in neoclassical models of growth.
34p.
1613 Hatton, Timothy J. & Williamson, Jeffrey G. After the
famine: emigration from Ireland, 1850-1913. 51p.
1614 Hatton, Timothy J. & Williamson, Jeffrey G. What drove the
mass migration from Europe in the late 19th century?. 46p.
PAGE 37
1617 Imbens, Guido & Angrist, Joshua D. Identification and
estimation of local average treatment effects. 21p.
1619 Jorgenson, Dale W. & Wilcoxen, Peter J. The economic impact
of the Clean Air Act amendments of 1990. 29p.
1620 Medoff, James L. The new unemployment. 10p.
1618 Sicular, Terry. Public finance and China's economic
reforms. 70p.
1622 Bernheim, B. Douglas & Whinston, Michael D. Exclusive
dealing. 58p.
1621 Jorgenson, Dale W. Tax reform and the cost of capital: an
international comparison. 65p.
1624 Marglin, Stephen A. Macroeconomics after Keynes and Marx:
statics and dynamics in over-determined systems. 24p.
1626 Spier, Kathryn E. & Weinstein, David E. Retaliatory
mechanisms for eliminating trade barriers: aggressive
unilateralism vs. GATT cooperation. 17p.
1623 Weinstein, David E. & Yafeh, Yishay. Japan's corporate
groups: collusive or competitive?: an empirical
investigation of Keiretsu behavior. 23p.
1625 Weitzman, Martin L. On the `environmental' discount rate.
17p.
1627 Dorfman, Robert. On sustainable development. 43p.
1633 Imbens, Guido W. A new approach to generalized method of
moments estimation. 48p.
1632 Imbens, Guido & van der Klaauw, Wilbert. Evaluating the
cost of conscription in the Netherlands. 23p.
1634 Jorgenson, Dale W. & Ho, Mun S. Trade policy and U.S.
economic growth. 37p.
1631 Medoff, James L. The state of the labor market: cause and
effect. 12p.
1629 O'Rourke, Kevin, Taylor, Alan M. & Williamson, Jeffrey G.
Land, labor and the wage-rental ratio: factor price
convergence in the late 19th century. 61p.
1630 Spier, Kathryn E. Settlement bargaining and the design of
damage awards. 15p.
1628 Weinstein, David E. Administrative guidance and cartels in
Japan (1957-1988): did MITI really coordinate Japanese
industry?. 25p.
1636 Ahmad, Asif & Morduch, Jonathan. Identifying sex bias in
the allocation of household surveys. 35p.
1637 Banerjee, Abhijit & Weibull, Jorgen W. Evolutionary
selection with discriminating players. 26p.
1639 Elmendorf, Douglas W. Actual budget deficit expectations
and interest rates. 33p.
1638 Green, Jerry R. & Scotchmer, Suzanne. On the division of
profit in sequential innovation. 18p.
1641 Hatton, Timothy J. & Williamson, Jeffrey G. Late-comers to
mass emigration: the Latin experience. 48p.
1635 Morduch, Jonathan & Taylor, Alan. A model of price
liberalization in Russia. 31p.
1640 O'Rourke, Kevin, Williamson, Jeffrey G. & Hatton, Timothy J.
Mass migration, commodity market integration, and real wage
convergence: the late 19th century Atlantic economy. 55p.
1646 Ades, Alberto F. & Glaeser, Edward L. Trade and circuses:
explaning urban giants. 49p.
PAGE 38
1644 Beason, Richard & Weinstein, David E. Growth, economies of
scale, and targeting in Japan (1955-1990). 24p.
1647 Bergson, Abram. Utilitarianism revisited. 53p.
1645 Glaeser, Edward L., Scheinkman, Jose A. & Shleifer, Andrei.
Economic growth in a cross-section of cities. 43p.
1642 Hall, Brian J. How has the Basle Accord affected bank
portfolios?. 52p.
1650 Hall, Robert E. & Mankiw, N. Gregory. Nominal income
targeting. 40p.
1643 Kain, John F. The impacts of congestion pricing on transit
and carpool demand and supply. 48p.
1648 Kornai, Janos. Transformational recession: a general
phenomenon examined through the example of Hungary's
development. 57p.
1649 Spier, Kathryn E. & Whinston, Michael D. On the efficiency
of privately stipulated damages for breach of contract:
entry barriers, reliance & renegotiation. 28p.
1655 Caplin, Andrew & Leahy, John. The economics of adjustment.
15p.
1652 Caves, Richard E. Japanese investment in the United States:
lessons for the economic analysis of foreign investment.
34p.
1651 Caves, Richard E. & Green, David P. Brands' quality levels,
prices, and advertising outlays: empirical evidence. 33p.
1653 Caves, Richard E. & Krepps, Matthew B. Fat: the
displacement of nonproduction workers and the efficiency of
U.S. manufacturing industries. 59p.
1656 Chamberlain, Gary. Feedback in panel data models. 36p.
1658 Imbens, Guido W. & Hellerstein, Judith K. Raking and
regression. 16p.
1657 Sjostrom, Tomas & Wietzman, Martin L. Competition and the
evolution of efficiency. 33p.
1654 Williamson, Jeffrey G. Economic convergence: placing
post-famine Ireland in comparative perspective. 39p.
HARVARD UNIVERSITY. Inst. for Econ Research-Econ Theory Papers.
9 Hart, Sergiu & Mas-Colell, Andreu. Harsanyi values of large
economies: non-equivalence to competitive equilibria. 44p.
10 Krishna, Vijay & Serrano, Roberto. Perfect equilibria of a
model of n-person non-cooperative bargaining. 19p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
20 Bar-Hillel, Maya & Neter, Efrat. How alike is it versus how
likely is it: a disjunction fallacy in probability
judgements. 36p.
17 Bar-Hillel, Maya & Yaari, Menahem. Judgements of
distributive justice. 31p.
12 Bergman, Yaacov Z. Bayesian non-cooperative foundations for
axiomatic bargaining theories. 91p.
13 Budescu, David & Bar-Hillel, Maya. To guess or not to
guess: a decision-theoretic view of formula scoring. 19p.
16 Dagan, Nir & Volij, Oscar. The bankruptcy problem: a
cooperative bargaining approach. 21p.
PAGE 39
9 Einy, Ezra & Peleg, Bezalel. Coalition-proof communication
equilibria. 12p.
5 Ferreira, J.L., Gilboa, I. & Maschler, M. Credible
equilibria in games with utilities changing during the play.
42p.
14 Friedman, James W. & Shmida, Avi. Pollination, gathering
nectar and the distribution of flower species. 29p.
8 Hart, Sergiu. On prize games. 16p.
1 Hart, Sergiu & Mas-Colell, Andreu. Egalitarian solutions of
large games, I: a continuum of players. 74p.
2 Hart, Sergiu & Mas-Colell, Andreu. Egalitarian solutions of
large games, II: the asymptotic approach. 33p.
10 Hart, Sergiu & Mas-Colell, Andreu. A model of n-person
non-cooperative bargaining. 42p.
3 Hart, Sergiu & Mas-Colell, Andreu. A noncooperative
interpretation of value and potential. 12p.
6 Linial, Nathan. Games computers play: game-theoretic
aspects of computing. 54p.
15 Milchtaich, Igal. Congestion games with player-specific
payoffs. 11p.
23 Moldovanu, Benny & Winter, Eyal. Core implementation and
increasing returns to scale for cooperation. 15p.
18 Motro, Uzi & Shmida, Avi. Near-far search: an evolutionary
stable foraging strategy. 30p.
19 Peleg, Bezalel & Tijs, Stef. The consistency principle for
games in stratgegic form. 28p.
21 Perry, Motty & Reny, Philip J. A noncooperative view of
coalition formation and the core. 40p.
11 Shmida, Avi & Peleg, Bezalel. Strict and symmetric
correlated equilibria are the distribution of the
evolutionary stable strategies of biological. 31p.
4 Volij, Oscar. Epistemic conditions for equilibrium in
beliefs without independence. 14p.
22 Winter, Eyal. Bargaining in committees. 28p.
7 Winter, Eyal. Mechanism robustness in multilateral
bargaining. 14p.
27 Bornstein, Gary & Hurwitz, Roger. Team games as models of
intergroup conflicts. 44p.
28 Harel, Alon. Efficiency and fairness in criminal law: the
case for a criminal law doctrine of comparative fault. 77p.
25 Hart, Sergiu & Mas-Colell, Andreu. Harsanyi values of large
economies: non-equivalence to competitive equilibria. 44p.
26 Landsberger, Michael & Zamir, Shmuel. Loan contracts with
collateral and credit rationing: a signalling approach.
26p.
24 Volij, Oscar. Rationality without the reduction axiom.
22p.
HEBREW UNIVERSITY. Department of Economics.
264 Galor, Oded & Tsiddon, Daniel. Income distribution and
output growth: the Kuznet's hypothesis revisited. 28p.
265 Gronau, Reuben. Fuel taxes and road-user charges in LDC's:
some lessons from sub-Saharan Africa. 34p.
PAGE 40
263 Keren, Michael. The planned enterprise syndrome: covert
properties, bureacratic allocation and the agonies of
transition. 21p.
274 Altman, Morris. Economic growth and business cycle
variability: 1870-1986. 9p.
273 Barkai, Haim. Don Patinkin's contribution to economics in
Israel. 14p.
275 Gandal, Neil & Sussman, Nathan. Tickling the tolerance:
currency reputation and opportunism in medieval France.
30p.
270 Klinov, Ruth. Will recent trends in Middle East migration
for work persist into the nineties?. 37p.
271 Mayshar, Joram & Yitzhaki, Shlomo. Dalton-improving
indirect tax reform. 39p.
272 Patinkin, Don. Irving Fisher and his compensated dollar
plan. 50p.
267 Strawczynski, Michel. Income uncertainty and Ricardian
equivalence. 35p.
276 Angrist, Joshua D. The effect of military entrance criteria
on minority representation in the armed forces. 40p.
283 Angrist, Joshua D. & Krueger, Alan B. Split sample
instrumental variables. 35p.
281 Chattopadhyay, Subir K. Information, stabilization, and
welfare: the case of sunspots. 35p.
282 Chattopadhyay, Subir K. & Muensch, Thomas J. Normal goods,
sunspots and cycles. 12p.
279 Dutta, Prajit K., Lach, Saul & Rustichini, Aldo. Better
late than early: vertical differentiation in the adoption of
a new technology. 27p.
280 Jovanovic, Boyan & Lach, Saul. Diffusion lags and aggregate
fluctuations. 20p.
278 Simhony, Avraham. Wage and price rigidities and the non
neutrality of money in a general equilibrium model. 18p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
258 Fukuda, Sin-ichi. The role of monetary policy in
eliminating the non-convergent dynamic paths. 19p.
262 Goldar, Bishwanath. A study of Japanese manufacturing
industry: growth, productivity, factor substitution &
industrial structure. 45p.
264 Kariya, Takeaki, et al. Tests for multinormality with
application to time series. 20p.
260 Kim, Kwan S. An alterantive strategy for equitable growth
in developing countries: an application to Mexico. 43p.
261 Kim, Kwan S. Foreign trade regimes, employment, and income
distribution: selected developing country studies. 25p.
263 Okura, Masanori. Exchange rate and economic recovery of
Japan in the 1930's. 37p.
265 Ito, Takatoshi. The Yen and the international monetary
system. 41p.
266 Kuboniwa, Masaaki. The output and price structure of the
Russian economy. 36p.
268 Saito, Osamu. Gender workload and agricultural progress:
Japan's historical experience in perspective. 35p.
PAGE 41
269 Suzumura, Kotaro. Competition, commitment and welfare.
352p.
276 Dutta, Bhaskar & Suzumura, Kotaro. On the sustainability of
collaborative R & D through private incentives. 35p.
270 Fukuda, Shin-ichi. The determinants of capital controls and
their effects on trade balance during the period of capital
market liberal. 20p.
271 Fukuda, Shin-ichi. Endogenous exchange rate fluctuations
under the flexible exchange rate regime. 23p.
275 Kim, Kwan S. The political economy of trade liberalization
and integration: the case of U.S. - Mexico relations. 30p.
273 Saito, Osamu. Infant mortality in pre-transition Japan:
levels and trends. 41p.
272 Suzumura, Kotaro & Ishikawa, Jota. Voluntary trade
restraints and economic welfare. 31p.
278 Fukuda, Shin-ichi & Cong, Ji. The adverse selection effects
of net worth and the crash of land price: welfare effects of
demand and supply shocks. 23p.
281 Kotaro, Suzumura & Goto, Akira. Collaborative research and
development: economic analysis in the light of Japanese
experience. 55p.
277 Takayama, Noriyuki. The Japanese experience in social
protection. 29p.
280 Takayama, Noriyuki & Kitamura, Yukinobu. Household saving
behavior in Japan. 76p.
HOOVER INSTITUTION. Domestic Studies Program.
93-6 Ciccone, Antonio & Hall, Robert E. Productivity and the
density of economic activity. 25p.
93-3 Fishman, Ilya M. & Bernstam, Michael S. Nucleation of the
private competitive sector and dissipation of the state
sector during transition from a socialist. 25p.
93-2 Hadfield, Gillian K. Overinvesting in relationship specific
information under short-term contracting. 16p.
93-1 Hall, Bronwyn H. R & D tax policy during the eighties:
success or failure?. 51p.
9222 Kremen, Alan F. Health care reform: defining rights,
setting limits, and paying the bill. 67p.
93-4 Lazear, Edward P. Incentives in a research environment.
38p.
93-5 Yamanaka, Ju-ichi. Transition in the institutional behavior
of U.S. commercial banks: a comparative perspective. 27p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
19 Arnason, Ragnar. Co-utilization of different energy
sources. 19p.
20 Einarsson, Tor. Estimating Euler equations from utility
maximization. 17p.
21 Einarsson, Tor. A real business cycle model on small
country assumptions, with shocks to productivity and foreign
trade. 22p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9222 Entorf, H. Random walks with drift, simultaneous equation
erros, and small samples: simulating the bird's eye view.
47p.
PAGE 42
9221 Kramarz, F. Coordination games with incomplete information.
41p.
9220 Sterdyniak, H. & Villa, P. Equilibres conjecturaux
coherents et coordinations des politiques economiques. 30p.
9223 Villa, P. Productivite et accumulation du capital en France
depuis 1896. 65p.
9302 Aghion, P., Dewatripoint, M. & Rey, P. Renegotiation design
with unverifiable information. 43p.
9301 Lieberman, O. A Laplace approximation to the moments of a
ratio of quadratic forms in normal variables. 15p.
9303 Mairesse, J. & Kremp, E. A look at productivity at the firm
level in eight French service industries. 38p.
9305 Melitz, J. A multilateral approach to the theory of optimal
currency areas. 34p.
9304 Rey, P. & Salanie, B. Long-term, short-term and
renegotiation: on the value of commitment with asymmetric
information. 53p.
9307 Comte, F. & Renault, E. Non causality in continuous time
VARMA models. 49p.
9306 Dabounieau, J.L., et al. The hiring difficulties of French
enterprises: an empirical analysis of a panel of firms using
simulation technique. 23p.
9312 Caillaud, B., Jullien, B. & Picard, P. Competing vertical
structures: precommitment and renegotiation. 51p.
9309 Cases, C. & Lollivier, S. Estimation de la duree du chomage
en France en 1986. 22p.
9314 Clement, E., Gourieroux, C. & Monfort, A. Modeles
statistiques de valorisation par arbitrage. 26p.
9313 Entorf, H. Constructing leading indicators from
non-balanced sectoral business survey series. 38p.
9308 Gourieroux, C. & Jouneau, F. Choix de portfeuille dans un
environment d'investissement desagrege: la cadre statique.
30p.
9311 Julien, B. Information, stabilite des prix et bien-etre.
20p.
9315 Laroque, G. & Salanie, B. Simulation-based estimation of
models with lagged latent variables. 20p.
9310 Melitz, J. The theory of optimum currency areas, trade
adjustment and trade. 26p.
9316 Cahuc, P. & Kramarz, F. Voice and loyalty as a delegation
of authority: a model and a test on a panel of French firms.
43p.
9318 Entorf, H. Do aggregate measures of mismatch measure
mismatch?: a time series analysis of existing concepts.
20p.
9319 Kubokawa, T. & Robert, C. New perspectives on linear
calibration. 18p.
9317 Melitz, J. Reflections on the emergence of a single market
for bank reserves in a European monetary union. 19p.
9320 Robert, C. Prior feedback: Bayesian tools for maximum
likelihood estimation. 16p.
9327 Cases, C. & Lolliver, S. Estimation d'un modele de sortie
de chomage a destimations multiples. 26p.
9321 Fleurbaey, M. Three solutions for the compensation problem.
19p.
PAGE 43
9324 Fleurbaey, M. & Michel, P. Optimal growth and transfers
between generations. 22p.
9323 Gourieroux, C. Contrats d'assurance chomage sur prets
immobiliers Etude descriptive et valorisation du
portfeuille. 25p.
9326 Hall, B.H. & Mairesse, J. Exploring the productivity of
research and development in French manufacturing firms.
45p.
9325 Kramarz, F. How agents plan their actions in games: a model
of players' reasoning with bounded rationality. 26p.
9322 Kramarz, F. How agents' plan their actions in games: a
model of players' reasoning with common knowledge of
rationality. 54p.
9330 Villa, P. Offre et demande d'investissement: le role des
profits. 34p.
9329 Clement, E., Gourieroux, C. & Monfort, A. Prediction of
contingent price measures. 39p.
9328 Kramarz, F. When repeated cheap-talk generates a common
language. 17p.
9332 Cases, C. & Lolliver, S. A structural model of transition
from unemployment with multiple issues. 32p.
9334 Demange, G. & Laroque, G. Private information and the
design of securities. 28p.
9333 Laroque, G. & Salanie, B. Macroeconometric disequilibrium
models. 30p.
9337 Bertschek, I. & Entorf, H. On nonparametric estimation of
the Schumpeterian link between innovation and firm size:
evidence from Belgium, Fran. 23p.
9331 Clement, E., Gourieroux, C. & Monfort, A. Linear factor
models and the term structure of interest rates. 36p.
9335 Crepon, B., Kramarz, F. & Trognon, A. Parameter of
interest, nuisance parameter and orthogonality conditions:
an application to autoregressive error comp. 46p.
9342 Blundell, R. & Robin, J.M. An iterated moment estimator for
conditionally linear equation systems: a note. 9p.
9345 Bosq, D. & Guegan, D. Non parametric estimation of the
chaotic function and the invariant measure of a dynamical
system. 11p.
9344 Cases, C. & Lollivier, S. Individual heterogeneity in
duration models with segmentation. 22p.
9346 Kramarz, F. Dynamic focal points in n-person coordination
games. 26p.
9340 Mengersen, Kerrie L. & Robert, Christian P. Testing for
mixtures: a Bayesian entropic approach. 39p.
9343 Nichele, V. & Robin, J.M. Simulation of indirect tax
reforms using pooled micro and macro French data. 17p.
9339 Renault, E. & Touzi, N. Option hedging and implicit
volatilities in a stochastic volatility model. 31p.
9338 Romano, M. & Touzi, N. Contingent claims and market
completeness in a stochastic volatility model. 19p.
INSTITUTO DE MATEMATICA PURA E APLICADA (BRAZIL).
71 Caron, Alain. Optimal quality selection under reputation
uncertainty. 22p.
PAGE 44
72 Cordeiro, Gauss M., Paula, Gilberto A. & Botter, Denise A.
Improved likelihood ratio tests for dispersion models. 29p.
73 Ferrari, Silvia L. & Cordeiro, Gauss M. Matrix formulae for
computing improved score tests. 18p.
70 Jorgensen, Bent & Paes de Souza, Marta C. Fitting Tweedie's
compound Poisson model to insurance claims data. 35p.
74 Marchesin, Dan & Palmeira, C.F.B. Technology of elementary
waves for mixed systems of conservation laws (in memoriam of
Jean Martinet). 17p.
UNIVERSITY OF IOWA. Department of Economics.
9226 Daughety, Andrew F. & Reinganum, Jennifer F. On the
determination of roles in bargaining models: settlement
negotiations w/ two sided asymmetric information. 22p.
9228 Horowitz, Joel L. Semiparametric estimation of a regression
model with an unknown transformation of the dependent
variable. 57p.
9227 Riezman, Raymond G., Summers, Peter M. & Whiteman, Charles
H. The engine of growth or its handmaiden?: a time series
assessment of export-led growth. 40p.
9031 Daughety, Andrew F. Socially-influenced choice: equity
considerations in models of consumer choice and in games.
32p.
9303 Blume, Andreas & DeJong, Douglas V. Settlement and
litigation with multiple defendents: the auditor and
manager. 39p.
9302 Kim, Yong-Gwan & Sobel, Joel. An evolutionary approach to
pre-play communication. 26p.
9304 Blume, Andreas. Contract renegotiation with adverse
selection and hidden information. 40p.
9306 Blume, Andreas. Equilibrium refinements in sender-receiver
games. 13p.
9307 Blume, Andreas, Kim, Yong-Gwan & Sobel, Joel. Evolutionary
stability in games of communication. 37p.
9305 Parks, R.W. & Savin, N.E. On the inferior power of outer
product Wald and LM tests. 25p.
9310 Kocherlakota, Narayana R. Testing the consumption CAPM with
heavy tailed pricing errors. 33p.
9314 Horowitz, Joel L. & Markatou, Marianthi. Semiparametric
estimation of regression models for panel data. 43p.
9312 Hughes, Gordon & Savin, N.E. Is the minimum chi-square
estimator the winner in logit regression?. 28p.
9313 Kim, Yong-Gwan & Oh, Jeong Hun. Symmetry and subgame
consistency in Harsanyi and Selten's solution for games.
33p.
9309 Riezman, Raymond & Wilson, John D. Political reform and
trade policy. 30p.
9308 Riezman, Raymond & Wilson, John D. Politics and trade
policy. 37p.
9311 Hall, Peter & Horowitz, Joel L. Corrections and blocking
rules for the block bootstrap with dependent data. 20p.
9315 Blume, Andreas. Neighborhood stability in sender-receiver
games. 33p.
PAGE 45
9318 Kim, Chong Lim & Kim, Yong Gwan. The evolution of obedience
norms in the repeated carrot and the stick game. 35p.
9317 Kocherlakota, Narayana R. Efficient bilateral risk sharing
without commitment. 42p.
9316 Wang, Cheng & Williamson, Stephen D. Adverse selection in
credit markets with costly screening. 34p.
9319 Blume, Andreas. Communication, risk and efficiency in
games. 25p.
9320 Williamson, Stephen D. Sequential markets and the
suboptimality of the Friedman rule. 35p.
IOWA STATE UNIVERSITY. Department of Economics.
31 Orazem, Peter & Tesfatsion, Leigh. Human capital investment
and the locally rational child. 45p.
249 Schroeter, John R. A note on the inefficiency of
competitive markets for quality goods. 17p.
32 + r Pingle, Mark & Tesfatsion, Leigh. Active intermediation in
a monetary overlapping generations economy. 42p.
33 Pingle, Mark & Tesfatsion, Leigh. Further remarks on
Walras' law and nonoptimal equilibria. 10p.
30 Stanley, E. Ann, Ashlok, Dan & Tesfatsion, Leigh. Iterated
prisoner's dilemma with choice and refusal of partners.
52p.
BANCA DE ITALIA. Research Department.
181 Ball, Clifford A. & Roma, Antonio. Mean reversion tests
with reflecting barriers: an application to European
Monetary System exchange rates. 30p.
184 Brugiavini, Agar & Weber, Guglielmo. Durables and
nondurable consumption: evidence from Italian household
data. 35p.
179 Cividini, Andrea & Siviero, Stefano. Implementing
stochastic optimal control of non-linear models: a
comparison with alternative solution methods. 42p.
185 Guiso, Luigi & Jappelli, Tullio. Risk sharing and
precautionary saving. 44p.
186 Smaghi, Lorenzo B. & Del Giovane, Paolo. Convergence of
inflation, prerequisite for EMU. 32p.
188 Mastropasqua, Cristina & Rolli, Valerie. Industrial
countries' protectionism with respect to Eastern Europe:
impact of the Asso. agreement concluded w/ the . 44p.
187 Smaghi, Lorenzo B. & Vori, Silvia. Rating the E.C. as an
optimal currency area. 42p.
193 Angelini, Paolo & Giannini, Curzio. On the economics of
interbank payment systems. 41p.
199 Angeloni, Ignazio & Prati, Alessandro. Liquidity effects
and the determinants of short-term interest rates in Italy.
53p.
207 Angelini, P., Maresca, G. & Russo, D. An assessment of
systematic risk in the Italian clearing system. 36p.
209 Drudi, Francesco & Prati, Alessandro. Debt stabilization
under fiscal regime uncertainty. 78p.
PAGE 46
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
302 Blume, Lawrence E. & Zame, William R. The algebraic
geometry of perfect and sequential equilibrium. 12p.
300 Christ, Carl F. The Cowles Commissions' contributions to
econometrics at Chicago 1939-1955. 64p.
299 Karni, Edi & Safra, Zvi. Unbounded behaviorally consistent
stopping rules. 14p.
303 Karni, Edi & Schlee, Edward. Utility theory with
probability dependent outcome valuations: extensions and
applications. 29p.
301 Mas-Colell, Andreu & Zame, William R. The existence of
security market equilibrium with a nonatomic state space.
31p.
298 Weymark, Diana N. Estimating exchange market pressure and
the degree of exchange market intervention for Canada. 35p.
296 Weymark, Diana N. Exchange market pressure: a
generalization of the Girton-Roper measure. 21p.
297 Weymark, Diana N. Measuring the degree of exchange market
intervention in a small open economy. 29p.
306 Ahmed, Ather M. & Sirageldin, Ismail. Socio-economic
determinants of labor mobility in Pakistan. 25p.
307 Carrington, William J. & Zaman, Asad. Interindustry
variation in the costs of job displacement. 44p.
305 Din, Musleh-ud. Export processing zones and backward
linkages. 17p.
304 Din, Musleh-ud. Is enclave sector a cure for unemployment
in LDC's?. 6p.
308 Karni, Edi & Zilcha, Itzhak. Technological progress and
income inequality: a model with human capital and bequests.
20p.
309 Chakrabarti, S.K. Stationary equilibrium strategies in
stochastic games. 16p.
310 Chang, Myong-Hun & Harrington, Joseph E. Product
differentiation and cost variability. 19p.
312 Hamilton, Bruce W. & Chandra, Vandana. A general
equilibrium model of spot and contract sectors. 33p.
311 Hamilton, Bruce W. Only the goods die young. 25p.
313 Gaynor, Martin & Anderson, Gerard F. Uncertain demand, the
structure of hospital costs, and the cost of empty hospital
beds. 41p.
315 Jilani, Saleha. Commercial and tax policy with endogenous
capital flows: a welfare analysis. 35p.
314 Le Breton, Michael & Weymark, John A. Strategy proof social
choice with continuous separable preferences. 51p.
UNIVERSITY OF KANSAS. Department of Economics.
93-3 Sibert, Anne & Liu, Lihong. Government finance in a model
of currency substitution. 33p.
92-2 Cita, John & Lien, Donald. A note on using the bootstrap to
estimate cash market price. 21p.
93-2 Comolli, Paul. Factor mobility paradoxes for a small
country. 19p.
PAGE 47
92-3 Ha, Jiming & Sibert, Anne. Strategic capital taxation in
large, open economies with mobile capital. 33p.
93-1 Rosenbloom, Joshua L. Looking for work, searching for
workers: U.S. labor markets after the Civil War. 41p.
92-4 Sibert, Anne. Can unconventional perferences explain risk
premia in the foreign exchange market?. 34p.
93-5 Brunner, Allan D. & Hess, Gregory D. Potential problems in
estimating bilinear time series models. 36p.
93-4 Harrington, Joseph E. & Hess, Gregory D. A theory of
campaign strategy. 35p.
93-6 Hess, Gregory D. & Orphanides, Athanasios. War politics: an
economic, rational voter framework. 13p.
93-7 Zhang, Jianbo. On the economics of chain reactions. 26p.
93-8 Otani, Yoshihiko. Optimum value functions and theories of
demand. 19p.
LA TROBE UNIVERSITY. Department of Economics.
28/92 Bardsley, Peter. Local expected utility without
compactness. 15p.
33/92 Frost, Warwick. "Agricultural baggage": European and
Chinese migrants and farming in 19th cent. California and
Victoria. 24p.
27/92 McCormack, Darcy. The labour market experience of migrant
and Australia-born youth. 33p.
32/92 Athukorala, Premanchandra & Menon, Jayant. Pricing to
market behavior and exchange rate pass-through in Japanese
exports. 26p.
31/92 Bardsley, Peter, Stoneham, Gary & Daniel, Peter. Regulating
and deregulating the dairy industry. 24p.
30/92 King, J.E. Outside the mainstream: Josef Steindl's
"Economic Papers", 1941-88. 21p.
29/92 Olekalns, Nilss. A note on the cointegration properties of
seasonally unadjusted income and consumption. 14p.
1/93 King, J.E. & Howard, M.C. Is socialism economically
feasible?: an analysis in terms of historical materialism.
21p.
3/93 Hewitson, Gillian. An intellectual history of money
endogeneity. 27p.
2/93 Hewitson, Gillian. Post-Keynesian monetary theory: a
survey. 36p.
4/93 McCormack, Darcy. Durations of youth unemployment and
probability of transition to employment. 31p.
10/93 Ewen, Michael. The subsidy trap. 11p.
9/93 Silvapulle, Param & Inder, Brett. Yield spreads and
interest rates movements: a cointegration approach. 20p.
6/93 King, J.E. & Armstrong, H.W. Regional income disparities in
Australia and the European Community. 40p.
8/93 Silvapulle, Param. Some robust properties of unit roots
tests. 14p.
7/93 Silvapulle, Param. Testing for a unit root in a time series
with mean shifts. 10p.
13/93 Athukorala, Premanchandra & Menon, Jayant. Pricing to
market behavior and exchange rate pass-through in Japanese
exports. 18p.
PAGE 48
5/93 Frost, Warwick. Australia's wet frontier: the agricultural
development of the heavy forests... 28p.
11/93 King, J.E. Kurt Rothschild and the alternative Austrian
economics. 23p.
12/93 Korosi, Gabor, et al. Rising inequality?: shifts in the
distributions of earnings in incomes among Australians.
35p.
WILFRID LAURIER UNIVERSITY. Department of Economics.
9201 Fisher, Timothy C.G. & Martel, Jocelyn. Characteristics of
Canadian firms in financial reorganization. 38p.
9208 Ghysels, Eric, Lee, Hahn S. & Siklos, Pierre L. On the
(mis)specification of seasonality and its consequences: an
empirical investigation with U.S. data. 45p.
9206 Lee, Hahn S. & Siklos, Pierre L. The influence of seasonal
adjustment on the Canadian consumption function 1947 - 1991.
29p.
9209 Levesque, Terrence J. & McDougall, Gordon H.G. Managing
customer satisfaction: the nature of service problems and
customer exit, voice, and loyalty. 32p.
9207 Marr, William L. & Siklos, Pierre L. An empirical analysis
on the link between immigration and unemployment in Canada.
35p.
9205 McCready, Douglas J. Developing charges in Ontario since
1989. 15p.
9202 Perroni, Carlo & Wigle, Randall M. Modelling and the
linkages between international trade and the environment.
26p.
9203 Siklos, Pierre L. An empirical analysis of revisions in
U.S. macroeconomic aggregates. 37p.
9204 Siklos, Pierre L. Politics and U.S. business cycles: a
century of evidence. 50p.
9301 Granger, C.W.J. & Siklos, Pierre L. Systematic sampling,
temporal aggregation, seasonal adjustment and cointegration:
theory and evidence. 16p.
9303 Nguyen, Trien, Perroni, Carlo & Wigle, Randall. An
evaluation of the draft final act of the Uruguay Round.
15p.
9302 Perroni, Carlo & Wigle, Randall M. International trade and
environmental quality: how important are the linkages?.
40p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9301 Danthine, Jean-Pierre & Donaldson, John B. Non-Walrasian
economies. 42p.
9205 Lambelet, Jean-Christian. Monetary policy in a small open
economy: how independent can it be? The Swiss experience.
9p.
9306 Danthine, Jean-Pierre & Donaldson, John B. Computing
equilibria of non-optimal economies. 47p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
149 Connor, Gregory & Korajczyk, Robert A. The arbitrage
pricing theory and multifactor models of asset returns.
94p.
PAGE 49
151 Evans, George W. & Honkapohja, Seppo. Learning and economic
fluctuations: using fiscal policy to steer expectations.
15p.
150 Pagano, Marco & Roell, Ailsa. Transparency and liquidity: a
comparison of auction and dealer markets with informed
trading. 41p.
152 Demos, Antonis A. & Goodhart, Charles A.E. The interaction
between the frequency of market quotations, spread &
volatility inthe foreign exchange market. 38p.
153 Pagano, Marco. Financial markets and growth: an overview.
17p.
156 Chen, Zhaohui. Cointegration and exchange rate forecasting:
a state space model. 43p.
157 Hart, Oliver. An economists' view of fiduciary duty. 24p.
154 Quah, Danny. Empirical cross-section dynamics in economic
growth. 23p.
158 Breedon, F.J.. Intraday price formation on the London Stock
Exchange. 38p.
159 Davis, E.P.. VAR modelling of the German economy with
financial spreads as key indicator variables. 36p.
160 Gregory, Alan, et al. U.K. directors' trading: the impact
of dealings in smaller firms. 33p.
161 Bolton, Patrick & Scharfstein, David S. Optimal debt
structure with multiple creditors. 35p.
162 Demos, Antonia, Sentana, Enrique & Shah, Mushtaq. Risk and
return in January: some U.K. evidence. 28p.
163 Flood, Robert P. & Rose, Andrew K. Fixing exchange rates: a
virtual quest for fundamentals. 38p.
167 Aghion, Philippe, Hart, Oliver & Moore, John. A proposal
for bankruptcy reform in the U.K. 18p.
165 Allen, Franklin & Gale, Douglas. Limited market
participation and volatility of asset prices. 64p.
168 Hart, Oliver & Moore, John. Debt and seniority: an analysis
of the role of hard claims in constraining management. 69p.
166 Harvey, Andrew C. & Shephard, Neil. The econometrics of
stochastic volatility. 25p.
164 Rose, Andrew K. & Svensson, Lars E.O. European exchange
rate credibility before the fall. 39p.
170 Aghion, Philippe & Bolton, Patrick. A theory of
trickle-down growth and development with debt overhang.
43p.
169 de Jong, Frank, Nijman, Theo & Roell, Ailsa. A comparison
of the cost of trading French shares on the Paris Bourse and
on SEAQ international. 42p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
255 Piketty, Thomas. Imperfect capital markets and persistence
of initial wealth inequalities. 53p.
256 Bolton, Patrick & Dewatripoint, Mathias. The firm as a
communication network. 44p.
259 Acemoglu, Daron. Incomplete information bargaining and
business cycles. 48p.
257 Cornelli, Francesca. Optimal selling procedures with fixed
costs. 45p.
PAGE 50
260 Raith, Michael A. A general model of information sharing in
oligopoly. 52p.
261 Bolton, Patrick & Harris, Christopher. Strategic
experimentation. 63p.
263 Anderlini, Luca & Felli, Leonardo. Incomplete written
contracts: undescribable states of nature. 48p.
264 Gomulka, Stanislaw & Lane, John. Recession dynamics
following an external price shock in a transition economy.
33p.
267 Anderlini, Luca & Felli, Leonardo. Incomplete written
contracts: endogenous agency problems. 35p.
LONDON SCHOOL OF ECON. Taxation, Incentives & Dist. of Income
157 Delbono, Flavio & Denicolo, Vincenzo. Does monopoly promote
innovation?: a theoretical vindication of the Schumpeterian
hypothesis. 24p.
158 Forges, F. & Peck, J. Correlated equilibrium and sunspot
equilibrium. 31p.
156 Konrad, Kai A. & Chew, Soo Hong. Bandwagon effects in
two-party majority voting. 15p.
155 Konrad, Kai A. & Richter, Wolfram F. Capital income
taxation and risk spreading with adverse selection. 19p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
7/92 Booth, Alison L. Layoffs with payoffs: a bargaining model
of union wage and severance pay determination. 30p.
8/92 Booth, Alison L. & Satchell, Stephen E. Apprenticeships and
job tenure: a competing risks model with time-varying
covariances. 29p.
9/92 Davies, Hugh & Joshi, Heather. Sex, sharing and the
distribution of income. 50p.
11/92 Knight, John L. & Satchell, Stephen. Asymptotic expansions
for random walks with normal errors. 18p.
10/92 Knight, John L. & Satchell, Stephen. Efficiency
considerations in the negative exponential failure time
model. 31p.
12/92 Knight, John L. & Satchell, Stephen. Exact critical regions
& confidence intervals for maximum likelihood estimators in
the negative exponential regress. 8p.
13/92 Booth, Alison L. & Ravallion, Martin. Employment and length
of the working week in a unionised economy in which hours of
work influence productivity. 22p.
1/93 Booth, Alison & Satchell, Stephen. On apprenticeship
qualifications and labour mobility. 16p.
3/93 Davies, Hugh & Joshi, Heather. Mothers' human capital and
childcare in Britain. 24p.
2/93 Knight, John L. & Satchell, Stephen E. The exact
distribution of the maximum likelihood estimators for the
linear regression negative exponential model. 18p.
16/92 Snower, Dennis J. The future of the welfare state. 23p.
14/92 Snower, Dennis J. The gathering storm: unemployment and
mismatch in an integrated Europe. 17p.
PAGE 51
15/92 Snower, Dennis J. Revenue-sharing subsidies as employment
policy: reducing the cost of stimulating East German
employment. 25p.
4/93 Booth, Alison L. & Chatterji, Monojit. Union membership and
wage bargaining when membership is not compulsory. 25p.
5/93 Psaradakis, Zacharias & Sola, Martin. On the power of tests
for superexogeneity and structural invariance. 38p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Papers in Financial Economics.
4/92 Miles, David. House prices, personal sector wealth and
consumption: some conceptual and empirical issues. 29p.
6/92 Satchell, Steve & Timmermann, Allan. An assessment of the
economic value of nonlinear foreign exchange rate forecasts.
39p.
5/92 Satchell, Steve & Timmermann, Allan. Daily returns in
European stock markets: predictability, non-linearity, and
transaction costs. 31p.
2/93 Miles, David & Timmermann, Allan. The predictability of
stock returns: evidence from a panel of U.K. companies.
32p.
1/93 Neube, Mthuli & Satchell, Stephen. Hedging with confidence:
how many options should we buy?. 13p.
3/93 Timmermann, Allan. Cointegration tests of present value
models with a time-varying discount factor. 22p.
4/93 Timmermann, Allan. Learning, feedback and multiple
equilibria: an alternative explanation of stock price
volatility. 30p.
5/93 Miles, David. Consumption, financial liberalisation and
income shocks: what can we learn from the U.K.?. 32p.
7/93 Satchell, Steve & Timmermann, Allan. Optimal properties of
exponentially weighted forecasts in the presence of
different information sources. 8p.
7/93 Satchell, Steve & Timmermann, Allan. On the optimality of
adaptive expectations: Muth revisited. 11p.
6/93 Timmermann, Allan. Can agents learn to form rational
expectations?: some results on convergence and stability of
learning in the U.K. . 30p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9303 Binmore, Ken, et al. Focal points and bargaining. 43p.
9302 Bishof, Robert, von Bismark, Gottfried & Carlin, Wendy.
From Kombinat to private enterprise: two case studies in
East German privatization. 28p.
9304 Chick, Victoria & dos Anjos, Moacir. Liquidity and
potential surprise. 48p.
9301 Marini, Giancarlo & Scaramozzino, Pasquale. Public debt and
redistribution. 15p.
9308 Caseta, Maurizio. Accumulation, capacity utilisation and
the medium term. 18p.
9305 Gosling, Amanda & Machin, Steve. Trade unions and the
dispersion of earnings in U.K. establishments, 1980-90.
20p.
PAGE 52
9309 Machin, Stephen, Manning, Alan & Woodland, Stephen. Are
workers paid their marginal product?: evidence from a low
wage labour market. 43p.
9307 Moreau, Antoine. Market power of personal computer
producers in France. 41p.
9306 Pellegini, Guido. Sharing stochastic trends. 29p.
9312 Coady, David P. An empirical analysis of fertilizer use in
Pakistan. 44p.
9310 Machin, Stephen & Saramozzino, Pasquale. Capital structure
choice and unionisation: an empirical investigation using
U.K. micro data. 27p.
9311 Meghir, Costas & Weber, Guglielmo. Intertemporal
non-separability or borrowing restrictions?: a
disaggregation analysis using the US CEX panel. 45p.
9316 Carlin, Wendy. Privatization and deindustrialization in
East Germany. 29p.
9314 Catephores, George. The imperious Austrian. 47p.
9315 Toman, Michael, Pezzey, John & Krautkramer, Jeffrey.
Economic theory and "sustainability". 31p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9252 Bauwens, Luc, Fiebig, Denzil & Steel, Mark. Estimating
end-use demand: a Bayesian approach. 37p.
9251 Cordella, Tito. Patterns of trade and oligopoly equilibria:
an example. 12p.
9253 Cordella, Tito & Ventura, Luigi. A note on redistributions
and gains from trade. 6p.
9263 Dreze, Jacques H. 1 market + 1 (tight) money = 2 rules of
fiscal discipline: Europe's fiscal stance derserve another
look. 47p.
9257 d'Aspremont, C., Dos Santos Ferreira, R. & Gerard-Varet,
L.A. General equlibrium concepts under imperfect
competition: a Cournotian approach. 33p.
9255 De Souza, C.C., et al. A new approach to minimizing the
frontwidth in finite element calculations. 24p.
9258 De Wolf, Daniel & Smeers, Yves. A stochastic version of a
Stackelberg-Nash-Cournot equilibrium model. 15p.
9256 Doukhan, P. & Tsybakov, A. Non linear ARX-models:
probabilistic properties and consistent recursive
estimation. 15p.
9261 Grilo, Isabel. Mixed duopoly under vertical
differentiation. 23p.
9262 Ko, Chun-Wa, Lee, Jon & Steingrimsson, Einar. The volume of
the relaxed Boolean quadric polytope. 6p.
9260 Loute, Etienne & Vial, Jean-Philippe. A parallel block
Cholesky factorization for staircase linear programming
problems. 31p.
9254 Rodriguez-Poo, Juan M. Estimating the time-of-day
electricity demand by using the constrained smoothing spline
estimator. 92p.
9259 Rolin, Jean-Marie. On the distribution of jumps of the
Dirichlet process. 29p.
9302 Ben Porath, Elchanan, Dekel, Eddie & Rustichini, Aldo. On
the relationship between mutation rates and growth rates in
a changing environment. 18p.
PAGE 53
9313 Broze, Laurence & Gourieroux, Christian. Covariance
estimators and adjusted pseudo maximum likelihood method.
29p.
9301 Codognato, Giulio. Cournot-Walras and Cournot equilibria in
mixed markets: a comparison. 17p.
9307 Cordella, Tito & Gabszewicz, Jean J. Comparative advantage
under oligopoly. 25p.
9308 d'Aspremont, Claude & Gerard-Varet, Louis A. Moral hazard
in teams and repeated partnerships: the role of information
quality. 21p.
9303 De Meyer, Bernard. Repeated games and the central limit
theorem. 10p.
9315 De Wolf, Daniel & Smeers, Yves. Optimal dimensioning of
pipe networks with application to gas transmission networks.
30p.
9309 Forges, Francoise. Five legitimate definitions of
correlated equilibrium in games with incomplete information.
31p.
9312 Datta, Manjira. Stationary temporary equilibrium in a model
of trade and optimal accumulation. 18p.
9306 Ho, Chun-Wa, Lee, Jon & Queyranne, Maurice. An exact
algorithm for maximum entropy sampling. 15p.
9314 Ibragimov, Ildar A. Efficient estimation of average
derivative. 15p.
9311 Marchand, Maurice, Michel, Philippe & Pesteau, Pierre.
Optimal intergenerational transfers in an endogenous growth
model with fertility changes. 22p.
9310 Pochet, Yves & Wolsey, Laurence A.. Polyhedra for
lot-sizing with Wagner-Whitin costs. 29p.
9305 Proenca, Isabelle. On the performance of the H-H test.
31p.
9317 Rustichini, Aldo & Wolinsky, Asher. Learning about variable
demand in the long run. 9p.
9304 Sevy, David. The provision of information on a market with
vertically diffentiated goods. 17p.
9316 Tulkens, Henry & Vanden Eeckhaut, Philippe. Non-parametric
efficiency, progress and regress measures for panel data:
methodological aspects. 43p.
9323 AArdal, Karen, Pochet, Yves & Wolsey, Laurence A.
Capacitated facilty location: valid inequalities and facets.
33p.
9331 Broze, Laurence, Scaillet, Olivier & Zakoian, Jean-Michel.
Testing for continuous-time models of the short term
interest rate. 28p.
9327 Bunke, Olaf, Droge, Bernd & Polzehl, Jorg. Model selection
and variable transformations in nonlinear regression. 38p.
9318 Cahuzac, E., Mouchart, M. & van der Linden, B. Examining
the econom(etr)ic relevance of discretizing panel data: an
application to the Belgian labour market. 37p.
9322 Chauduri, Prabal R. Non-cooperative implementation in an
assignment model. 57p.
9333 Cordella, Tito, Minelli, Enrico & Polemarchakis, Heracles.
Trade and welfare. 8p.
9330 Dutta, Jayasri & Kapur, Sandeep. Liquidity and financial
intermediation. 44p.
PAGE 54
9326 Dutta, Jayasri & Prasad, Kislaya. Learning by observation
within the firm. 34p.
9328 Haller, H.H & Pavlopoulos, A. The value of failure. 18p.
9325 Hardle, Wolfgang & Proenca, Isabel M. D.. A bootstrap test
for single index models. 19p.
9329 Lepski, Oleg V. On asymptotic exact testing of
nonparametric hypotheses. 16p.
9319 Mongin, Philippe. Consistent Bayesian aggregation. 41p.
9321 Nava, Mario, Marchand, Maurice & Schroyen, Fred. Optimal
taxation and provision of public goods with non linear
income and linear commodity taxes in a two class eco. 25p.
9320 Polzehl, Jorg. Projection pursuit discriminant analysis.
23p.
9332 Reichlin, Pietro & Rustichini, Aldo. Diverging patterns in
a two country model with endogenous labor migration. 42p.
9324 Van Hoa, Tran. Reparametrization and estimation in unit
root equations. 12p.
UNIVERSITY OF MARYLAND. Department of Economics.
9212 Haliassos, Michael & Lyon, Andrew B. Progressivity of
capital gains taxation with optimal portfolio selection.
37p.
9213 Hoff, Karla & Lyon, Andrew B. Collateral, asymmetric
information, and Pareto-improving labor taxation. 28p.
93-1 Murrell, Peter & Wang, Yijiang. When privatization should
be delayed: the effect of Communist legacies on
organizational and institutional reforms. 33p.
93-2 Dellas, Harris & Mueller, Dennis. Market structure and
growth. 30p.
93-5 Hoff, Karla & Lyon, Andrew B. Non-leaky buckets. 40p.
93-6 Kelejian, Harry H. Sample selection in a switching model
framework: an alternative to two-step methods. 10p.
93-4 Oates, Wallace E. Fiscal decentralization and economic
development. 16p.
93-3 Viscusi, W. Kip & Evans, William N. The probability
compression effect: estimation of revealed probabilities and
utility functions for uncertain decisi. 35p.
93-8 Panagariya, Arvind, et al. Toward an integrated theory of
open economy environmental and trade policy. 36p.
93-9 Sakellaris, Plutarchos. Investment under uncertain market
conditions. 28p.
93-7 Sakellaris, Plutarchos. The stock market response to shocks
in the profitability of capital. 41p.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Department of Economics.
93-4 Benabou, Roland. Heterogeneity, stratification, and growth.
40p.
93-1 Diamond, Peter. Testing the internal consistency of
contingent valuation surveys. 5p.
9219 Gruber, Jonathan. The efficiency of a group-specific
mandated benefit: evidence from health insurance benefits
for maternity. 50p.
PAGE 55
9218 Gruber, Jonathan. State mandated benefits and employer
provided health insurance. 49p.
93-2 Hausman, Jerry A. & Newey, Whitney K. Nonparametric
estimation of exact consumers surplus and deadweight loss.
44p.
93-3 Newey, Whitney K. Kernel estimation of partial means and a
general variance estimator. 29p.
9217 Schmidt, Klaus M. & Schnitzer, Monika. Privatization and
management incentives in the transition period in Eastern
Europe. 27p.
93-8 Aghion, Philippe & Blanchard, Olivier J. On the speed of
transition in central Europe. 33p.
93-9 Bai, Jushan. Testing for parameter constancy in linear
regressions: empirical distribution function approach. 38p.
93-7 Bernard, Andrew B. & Durlauf, Steven N. Convergence in
international output. 16p.
93-5 Blanchard, Olivier. Consumption and the recession of
1990-1991. 12p.
9310 Newey, Whitney K. Convergence rates for series estimators.
30p.
93-6 Smith, Lones. Necessary and sufficient conditions for the
perfect finite horizon folk theorem. 11p.
9315 Acemoglu, Daron. Credit market imperfections and separation
of ownership from control as a strategic decision. 34p.
9314 Acemoglu, Daron. Labor market imperfections and thick
market externalities from innovation. 30p.
9312 Aghion, Philippe. On the management of innovation. 54p.
9317 Bernard, Andrew B. & Jones, Charles I. Productivity across
industries and countries: time series theory and evidence.
23p.
9318 Newey, Whitney K. Flexible simulated moment estimation of
nonlinear errors in variables models. 29p.
9316 Pischke, Jorn-Steffen. Individual income, incomplete
information, and aggregate consumption. 50p.
9311 Tirole, Jean. The internal organization of government.
58p.
9313 Tirole, Jean. A theory of collective reputations, with
applications to the persistence of corruption and to firm
quality. 33p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9103 Baillie, Richard T. & Bollerslev, Tim. Cointegration,
fractional cointegration, and exchange rate dynamics. 13p.
9104 Ballard, Charles L. & Goddeeris, John H. Financing
universal health care in the United States: a general
equilibrium analysis of efficiency and distribution. 49p.
9105 Linz, Susan J. Barriers to innovation: economic impact of
Perestroika. 44p.
9106 Creane, Anthony. Endogenous learning, learning by doing and
information sharing. 35p.
9108 Creane, Anthony. Winners, losers and fly-by-nighters: trade
policy with risky investment in quality. 26p.
9107 Menchik, Paul L. & Jianakoplos, Nancy A. Do inheritances
explain black/white wealth inequality?. 29p.
PAGE 56
9109 Baillie, Richard T. & Osterberg, William P. Central bank
intervention and risk in the forward premium. 24p.
9110 Creane, Anthony. Jamming private valued, private signals.
24p.
9111 Lee, Dongin & Schmidt, Peter. On the power of the KPSS test
of stationarity against fractionally integrated
alternatives. 25p.
9200 Ahn, Seung C. & Schmidt, Peter. Efficient estimation of
dynamic panel data models under alternative sets of
assumptions. 31p.
9202 Boyer, Kenneth D. Concentration and market share effects on
profitability: an equilibrium analysis. 23p.
9201 Wooldridge, Jeffrey M. Estimation and inference for
dependent processes. 135p.
UNIVERSITY OF MICHIGAN. Ctr. for Research on Econ & Social Theory.
9302 Bergstrom, Theodore C. A survey of theories of the family.
50p.
9301 Bergstrom, Theodore C. & Stark, Oded. How altruism can
prevail in an evolutionary environment. 10p.
9303 Lee, Lung-Fei. Asymptotic bias in maximum simulated
likelihhood estimation of discrete choice models. 26p.
9304 Lee, Lung-Fei. The computation of opportunity costs in
polytomous choice models with selectivity. 11p.
9305 Lee, Lung-Fei. Semiparametric estimation of simultaneous
equation microeconometric models with index restrictions.
33p.
9309 Li, David D. Financial arbitragers and the efficiency of
corporate control. 38p.
9307 Li, David D. Public ownership as a sufficient condition for
the soft budget constraint. 34p.
9308 Li, David D & Li, Shan. Information, control right and
distressed firms' choices between workouts and bankruptcy.
34p.
9316 MacKie-Mason, Jeffrey K. & Varian, Hal R. Some economics of
the Internet. 29p.
9311 Roth, David. A computational algorithm for optimal
collusion in dynamic Cournot oligopoly. 20p.
9312 Roth, David. Rationalizable predatory pricing. 34p.
9310 Roth, David. A theory of partnership dynamics: learning,
specific investment, and dissolution. 38p.
9306 Salant, Stephen W. & Shaffer, Greg. Optimal asymmetric
strategies in research joint ventures: a comment on the
literature. 11p.
9313 Stacchetti, Ennio & Pearce, David. Time consistent taxation
by a government with redistributive goals. 24p.
9315 Varian, Hal R. Coase, competition, and compensation. 17p.
9314 Varian, Hal R. What use is economic theory?. 13p.
9318 Basu, Susanto. Estimating the cyclicality of marginal costs
directly. 34p.
9323 Basu, Susanto. Intermediate goods and business cycles:
implications for productivity and welfare. 33p.
9325 Basu, Susanto. Procyclical productivity: overhead inputs or
cyclical utilization?. 39p.
PAGE 57
9322 Basu, Susanto & Fernald, John G. Are apparent productivity
spillovers a fignment of specification error?. 36p.
9319 Basu, Susanto & Fernald, John G. Constant returns and small
markups in U.S. manufacturing. 30p.
9331 Bergstrom, Ted. Benefit-cost analysis and distortionary
taxes: a public choice approach. 11p.
9317 Bergstrom, Ted. On the evolution of altruistic ethical
rules for siblings. 26p.
9330 Bergstrom, Ted & Blomquist, Soren. The political economy of
subsidized day care. 17p.
9328 Fischer, Carolyn & Porter, Richard C. Different
environmental services for different income in LDC cities:
second best efficiency arguments. 26p.
9321 Fleishman, Charles A. The causes of business cycles and the
cyclicality of real wages. 46p.
9320 Lee, Lung-Fei. Rational expectations in limited dependent
variable models. 9p.
9329 Lee, Lung-Fei. Simulated maximum likelihood estimation of
discrete models with group data. 23p.
9327 Ley, Eduardo. On the private provision of public goods: a
diagrammatic exposition. 18p.
9326 Li, David D. & Cornelli, Francesca. Large shareholders,
private benefits of control and optimal schemes for
privatization. 40p.
9324 Shaffer, Greg & O'Brien, Daniel P. The welfare effects of
forbidding discriminatory discounts: a secondary line
analysis of Robinson-Patman. 29p.
UNIVERSITY OF MINNESOTA. Center for Economic Research.
267 Li, Shuhe. Competitive matching equilibrium and multiple
principal-agent models. 44p.
266 Li, Shuhe. A unified framework for implementation, the
revelation principle, and optimal approximation. 34p.
268 Ichimura, Hidehiko & Thompson, T. Scott. Maximum likelihood
estimation of a binary choice model with random coefficients
of unknown distribution. 56p.
269 Park, In-Uck. Generic finiteness of equilibrium outcome
distributions for sender-receiver games. 39p.
270 Park, In-Uck. A revealed-preference implication of weighted
utility decisions under uncertainty. 24p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
93-1 Hayami, Yujiro & Ruttan, Vernon W. Induced technical and
institutional change: evaluation and reassessment: two
chapters. 45p.
93-2 Guyomard, Herve & Mahe, Louis P. Producer behaviour under
strict rationing and quasi-fixed factors. 24p.
MONASH UNIVERSITY. Department of Econometrics.
13/92 Bhatti, Muhammad I. Efficient estimation of random
coefficients models based on survey data. 19p.
PAGE 58
11/92 Cooper, Russel J. & McLaren, Keith R. A system of demand
equations satisfying effectively global regularity
conditions. 27p.
10/92 Edmonds, Graham J., O'Brien, R.J. & Podivinsky, Jan M. Unit
root tests and mean shifts. 23p.
14/92 Harris, David & Inder, Brett. A test of the null hypothesis
of cointegration. 18p.
15/92 Inder, Brett & Kang, Hao. A new test for structural change
in dynamic models. 19p.
12/92 Waterman, David & Weiss, Andrew A. The effects of vertical
integration between pay cable networks and cable television
systems. 41p.
18/92 Buchanan, Bonnie G. Quality function deployment. 22p.
1/93 Granger, Clive W.J. Strategies for modelling nonlinear time
series relationships. 15p.
17/92 Granger, Clive, King, Maxwell L. & White, Halbert. Comments
on testing economic theories and the use of model selection
criteria. 30p.
16/92 Hu, Baiding & Inder, Brett. Different estimators of
cointegrating vectors and their impact on short run
dynamics. 10p.
2/93 Bhatti, M. Ishaq & King, Maxwell L. Testing for subblock
effects in multi-stage linear regression models. 22p.
5/93 Blanchard, Pierre & Matyas, Laszlo. Panel data modelling: a
software review. 27p.
3/93 Fry, Jane M., Fry, Tim R.L. & McLaren, Keith R. The
stochastic specification of demand share equations
restricting budget shares to the unit complex. 34p.
4/93 Fry, Tim R.L. Modelling the Victorian road toll. 35p.
6/93 Matyas, Laszlo & Sevestre, P. Linear models for panel data.
43p.
8/93 Fry, Tim R.L. & Harris, Mark N. A Monte Carlo study of
tests for the independence of irrelevant alternatives
property. 21p.
12/93 Korosi, Gabor, Lovrics, Laszlo & Matyas, Laszlo.
Aggregation and the long run behavior of economic time
series: Monte Carlo experiments. 14p.
9/93 Leybourne, S.J., McCabe, B.P.M. & Tremayne, A.R. Trend
stationarity in time series. 7p.
11/93 McLaren, Keith R., Fry, Jane M. & Fry, Tim R.L. A simple
nested test of AIDS (almost ideal demand system). 10p.
10/93 Matyas, Laszlo & Harris, Mark. A comparative analysis of
different Monte Carlo methods. 15p.
7/93 Sridharan, R. The capacitated plant location problems: a
survey. 38p.
MONASH UNIVERSITY. Department of Economics.
13/92 Snape, Richard H. How should Australia respond to NAFTA?.
33p.
17/92 Comley, Brian. The Australian film industry as an infant
industry. 34p.
16/92 Ng, Yew-Kwang. Complex niches favour rational species.
12p.
PAGE 59
14/92 Ng, Yew-Kwang. Happiness surveys: ways to improve accuracy
and comparability. 24p.
15/92 Ng, Yew-Kwang. Population dynamics and animal welfare.
19p.
1/93 Fausten, Dietrich K. Exploratory estimates of the influence
of economic activity on German portfolio investment abroad.
23p.
2/93 Marjit, Sugata & Beladi, Hamid. Foreign capital
accumulation and welfare in a small economy: does
unemployment matter?. 9p.
4/93 Yang, Xiaokai. An extended Dixit-Stiglitz model based on
the tradeoff between economies of scale and transaction
costs. 19p.
5/93 Yang, Xiaokai & Rice, Robert. An equilibrium model
endogenizing the emergence of a dual structure between the
urban and rural sectors. 30p.
6/93 Goss, Barry A. & Avsar, S. Gulay. A simultaneous, rational
expectations model of the Australian dollar/U.S. dollar
market. 35p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9233 Arcand, Jean-Louis. Growth and social custom. 35p.
9236 Boudjellaba, Hafida, Dufour, Jean-Marie & Roy, Roch.
Simplified conditions for non-causality between vectors in
multivariate ARMA models. 22p.
9217 Campbell, Bryan & Ghysels, Eric. Is the outcome of the
Federal budget process unbiased and efficient?: a non
parametric assessment. 32p.
9234 Desruelle, Dominique. Infant industries and imperfect
capital markets: the case against tariff protection. 28p.
9237 Ghysels, Eric, Lee, Han S. & Siklos, Pierre L. On the
misspecification of seasonality and its consequences: an
empirical investigation with U.S. data. 43p.
9232 Kollmann, Robert. Consumption, real exchange rates and the
structure of international asset markets. 31p.
9231 Kollmann, Robert. Incomplete asset markets and
international business cycles. 35p.
9235 Mercenier, Jean & Schmitt, Nicholas. Sunk costs, free-entry
equilibrium and trade liberalization in applied general
equilibrium: implications for Europe. 40p.
9304 Harchaoui, Tarek M. Time-varying risks and returns:
evidence from mining industries data. 32p.
9308 Fortin, Nicole M. Borrowing constraints and female labor
supply: nonparametric and parametric evidence of the impact
of mortgage lend. 36p.
9309 Dionne, Georges, et al. Debt, moral hazard and airline
safety: an empirical evidence. 35p.
9307 Mandel, Benedikt, Gaudry, Marc & Rothengatter, Werner. A
disaggregate Box-Cox logit mode choice model of intercity
passenger travel in Germany. 17p.
9306 Montmarquette, Claude, Houle, Rachel & Mahseredjian, Sophie.
The determinants of university dropouts: a longitudinal
analysis. 15p.
PAGE 60
9314 Ghysels, Eric. A time series model with periodic stochastic
regime switching. 52p.
9313 Kollman, Robert. Fiscal policy, technology shocks and the
U.S. trade balance deficit. 36p.
9312 Laferriere, Richard & Gaudry, Marc. Testing the linear
inverse power transformation logit mode choice model. 29p.
9311 Gaudry, Marc. Asymmetric shape and variable tail thickness
in multinominal probabilistic responses to significant
transport servi. 26p.
9303 Lemieux, Thomas. Estimating the effects of unions on wage
inequality in a two-sector model with comparative advantage
and non-random. 52p.
9302 Lemieux, Thomas. Unions and wage inequality in Canada and
in the United States. 62p.
9301 Mercenier, Jean. Nonuniqueness of solutions in applied
general equilibrium models with scale economies and
imperfect competition: a . 24p.
9315 Allard, Marie, Bronsard, Camille & Salvas-Bronsard, Lise.
Ck conjugate expectations and duality. 19p.
9331 Arcand, Jean-Louis L. & Brezis, Elise S. Disequilibrium
dynamics during the Great Depression. 64p.
9332 Beaudry, Paul & Poitevin, Michel. Contract renegotiation: a
simple framework and implications for organization theory.
46p.
9334 Bonomo, Marco & Garcia, Rene. Disappointment aversion as a
solution to the equity premium and the risk-free rate
puzzles. 40p.
9326 Campbell, Bryan & Dufour, Jean-Marie. Exact nonparametric
orthogonality and random walk tests. 27p.
9310 Dionne, Georges, Gibbens, Anne & St-Michel, Pierre. An
economic analysis of insurance fraud. 40p.
9321 Dionne, Georges, et al. Medical conditions, risk exposure
and truck drivers' accidents: an analysis with count data
regression models. 20p.
9316 Dudley, Leonard & Montmarquette, Claude. Government size
and economic convergence. 27p.
9323 Dufour, Jean-Marie & Tessier, David. On the relationship
between impulse response analysis, innovation accounting and
Granger causality. 10p.
9333 Ghysels, Eric & Hall, Alastair. On periodic time series and
testing the unit root hypothesis. 35p.
9327 Proulx, Pierre-Paul. Quebec in North America: from a
borderlands to a borderless economy: an examination of its
trade flows with the USA. 23p.
9329 Sprumont, Yves. Strategyproof collective choice in economic
and political environments. 47p.
9318 Tremblay, Rodrigue. The quest for competitiveness and
export-led growth. 16p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
27 Chirinko, Robert S. Business fixed investment spending: a
critical survey of modeling strategies, empirical results &
policy implicatio. 117p.
PAGE 61
24 Gandolfo, Giancarlo & Padoan, Pier Carlo. The dynamics of
capital liberalization: a macroeconometric analysis. 36p.
25 Gordon, Roger H. & Jun, Joosung. Taxes and the form of
ownership of foreign corporate equity. 47p.
28 Konrad, Kai A. & Lommerud, Kjell E. Non-cooperative
families. 32p.
26 Torsvik, Gaute & Olsen, Trond E. Irreversible investments,
uncertainty, and the Ramsey policy. 34p.
34 Agell, Jonas & Lommerud, Kjell E. Egalatarianism and
growth. 29p.
35 Kuhn, Peter & Gu, Wulong. The economics of relative
rewards: pattern bargaining. 55p.
32 Mayer, Thomas. How much do microfoundations matter?. 15p.
31 Mayer, Thomas. In defence of serious economics: a review of
Terence Hutchinson, "Changing Aims in Economics". 10p.
36 Mayer, Thomas. Indexed bonds and heterogeneous agents.
16p.
33 Thimann, Christian & Thum, Marcel. Investing in the East:
waiting and learning. 23p.
30 White, Michele J. Corporate bankruptcy as a filtering
device. 19p.
42 Groves, Theodore, et al. Autonomy and incentives in Chinese
state enterprises. 38p.
43 Kemp, Murray C. & Wan, Henry Y. Lump sum compensation in a
context of incomplete markets. 9p.
41 Malley, Jim & Moutos, Thomas. Unemployment and consumption:
the case of motor vehicles. 24p.
37 Olsen, Trond R. & Torsvik, Gaute. Intertemporal common
agency and organizational design: how much
decentralization?. 37p.
39 Sinn, Hans-Werner. How much Europe?: subsidiarity,
centralization and fiscal competition. 34p.
38 Tulkens, Henry & van den Eeckhaut, Philippe. Non-parametric
efficiency, progress and regress measures for panel data
methodological aspects. 43p.
40 Uhlig, Harald. Transition and financial collapse. 26p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9224 Jung, Robert C. & Winkelmann, Rainer. Two aspects of labor
mobility: a bivariate Poisson regression model. 17p.
9222 Konrad, Kai A. Equilibrium corporate ownership structure
with free-riding. 20p.
9306 Gehrig, Anette & Hornstein, Andreas. Trade policy in
duopoly with private information. 15p.
9304 Schmidt, Christoph M. & Tschernig, Rolf. Identification of
fractional ARIMA models in the presence of long memory.
22p.
9305 Schmidt, Christoph M. & Winkelmann, Rainer. Reservation
wages, wage offer distributions and accepted wages. 20p.
9307 Schmidt, Christoph M. & Zimmermann, Klaus F. Unemployment,
real wages and union membership. 31p.
9308 Schob, Ronnie. On marginal costs and marginal benefits of
public funds. 30p.
PAGE 62
9309 Thimann, Christian. Why is investment in Eastern Germany so
unexpectedly slow?. 21p.
9322 DeNew, John P. & Zimmermann, Klaus F. Blue collar labor
vulnerability: wage impacts of migration. 20p.
9319 DeNew, John P. & Zimmermann, Klaus F. Native wage impacts
of foreign labor: a random effects panel analysis. 20p.
9310 Koch, Anja. An economic analysis of marital dissolution in
West Germany. 21p.
9314 Konrad, Kai A. & Thum, Marcel. Fundamental standards and
time consistency. 25p.
9311 Konrad, Kai A. & Skaperdas, Stergios. Self-insurance and
self-protection: a non-expected utility analysis. 24p.
9321 Schmidt, Christoph M. Country of origin, family structure
and return migration. 19p.
9317 Winkelmann, Rainer & Zimmermann, Klaus F. Job separations
in an efficient turnover model. 15p.
9318 Winkelmann, Rainer & Zimmermann, Klaus F. Poisson-logistic
regression. 16p.
9320 Zimmermann, Klaus F. Immigration policies in Europe: an
overview. 36p.
9313 Thum, Marcel. Network externalities, technological
progress, and the competition of market contracts. 24p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
4196 Abraham, Jesse M. & Hendershott, Patric H. Patterns and
determinants of metropolitan house prices, 1977-91. 37p.
4206 Barro, Robert J., Mankiw, N. Gregory & Sala-i-Martin,
Xavier. Capital mobility in neoclassical models of growth.
34p.
4200 Blanchflower, David G. & Oswald, Andrew J. International
wage curves. 42p.
4177 Bogart, William T., Bradford, David F. & Williams, Michael
G. Incidence and allocation effects of a state fiscal
policy shift: the Florio initiative in New Jersey. 43p.
4188 Campbell, John Y. Inspecting the mechanism: an analytical
approach to the stochastic growth model. 49p.
4193 Campbell, John Y., Grossman, Sanford J. & Wang, Jiang.
Trading volume and serial correlation in stock returns.
43p.
4195 Card, David. The effect of unions on the distribution of
wages: redistribution or relabelling?. 59p.
4194 Cockburn, Iain & Frank, Murray. Market conditions and
retirement of physical capital: evidence from oil tankers.
36p.
4205 Demougin, Dominique & Sinn, Hans-Werner. Privatization,
risk-taking, and the Communist firm. 34p.
4172 Dooley, Michael & Stone, Mark R. Endogenous creditor
seniority and external debt values. 33p.
4183 Dooley, Michael, Isard, Peter & Taylor, Mark. Exchange
rates, country preferences, and gold. 22p.
4155 Feinstein, Jonathan S. & Keating, Edward C. An economic
analysis of life care. 59p.
4190 Gruber, Jonathan. The effect of price shopping in medical
markets: hospital responses to PPO's in California. 53p.
PAGE 63
4204 Hamermesh, Daniel S. & Pfann, Gerard. Turnover and the
dynamics of labor demand. 15p.
4191 Hines, James R. Credit and deferral as international
investment incentives. 39p.
4187 Kaestner, Robert. The effect of illicit drug use on the
labor supply of young adults. 41p.
4189 Kaplow, Louis. Optimal distribution and taxation of the
family. 24p.
4203 Kaplow, Louis & Shavell, Steven. Accuracy in the
determination of liability. 22p.
4192 Klein, Michael W. & Rosengren, Eric. The real exchange rate
& foreign direct investment in the U.S.: relative wealth vs.
relative wage. 26p.
4198 Kowalczyk, Carsten & Wonnacott, Ronald J. Hubs and spokes,
and free trade in the Americas. 35p.
4201 Lumsdaine, Robin L., Stock, James H. & Wise, David A.
Pension plan provisions and retirement: men and women,
Medicare, and models. 62p.
4197 Meyer, Bruce D. Policy lessons from the U.S. unemployment
insurance experiments. 61p.
4199 Papke, Leslie E. Participation in and contributions to
401(k) pension plans: evidence from plan data. 32p.
4185 Porter, Robert H. The role of information in U.S. offshore
oil and gas lease auctions. 49p.
4208 Razin, Assaf & Rose, Andrew. Business cycle volatility and
openness: an exploratory cross-section analysis. 31p.
4186 Sala-i-Martin, Xavier. Transfers. 62p.
4202 Solon, Gary, Barsky, Robert & Parker, Jonathan A. Measuring
the cyclicality of real wages: how important is composition
bias?. 46p.
4184 Sturzenegger, Federico. Hyperinflation with currency
substitution: introducing an indexed currency. 30p.
4215 Bernheim, B. Douglas & Scholz, John K. Private saving and
public policy. 56p.
4228 Blanchflower, David G. & Oswald, Andrew J.
Entrepreneurship, happiness and supernormal returns:
evidence from Britain and the U.S. 25p.
4222 Blanchflower, David G., Oswald, Andrew J. & Sanfey, Peter.
Wages, profits and rent-sharing. 28p.
4224 Blau, Francine D. & Kahn, Lawrence M. The gender earnings
gap: some international evidence. 46p.
4220 Buiter, Willem H. & Kletzer, Kenneth M. Permanent
international productivity growth differentials in an
integrated global economy. 38p.
4212 DiNardo, John & Lemieux, Thomas. Alcohol, marijuana, and
American youth: the unintended effects of government
regulation. 47p.
4238 Elizondo, Raul L. & Krugman, Paul. Trade policy and the
Third World metropolis. 35p.
4234 Elmendorf, Douglas W., Hirschfield, Mary L. & Weil, David N.
The effect of news on bond prices: evidence from the United
Kingdom, 1900-1920. 32p.
4210 Engel, Charles. Can the Markov switching model forecast
exchange rates?. 44p.
PAGE 64
4223 Engen, Eric M. & Skinner, Jonathan. Fiscal policy and
economic growth. 48p.
4216 Farber, Henry S. & Krueger, Alan B. Union membership in the
United States: the decline continues. 44p.
4229 Feenberg, Daniel R. & Poterba, James M. Income inequality
and the incomes of very high income taxpayers: evidence from
tax returns. 50p.
4236 Feldstein, Martin. The recent failure of U.S. monetary
policy. 23p.
4209 Freeman, Richard B. What direction for labor market
institutions in Eastern and Central Europe?. 51p.
4225 Fuss, Melvyn, Murray, Stephen & Waverman, Leonard. The
state of North American Japanese motor vehicle industries: a
partially calibrated model to examine the impacts . 42p.
4232 Giovannini, Alberto & Turtelboom, Bart. Currency
substitution. 61p.
4227 Gordon, Roger H. & Mackie-Mason, Jeffrey K. Tax distortions
to the choice of organizational form. 25p.
4226 Helliwell, John F. Trade and technical progress. 30p.
4211 Kashyap, Anil K., Lamont, Owen A. & Stein, Jeremy C. Credit
conditions and the cyclical behavior of inventories: a case
study of the 1981-82 recession. 44p.
4237 Krishna, Kala & Tan, Ling Hui. License price paths, I:
Theory, II: Evidence from Hong Kong. 26p.
4219 Krugman, Paul. A dynamic spatial model. 54p.
4221 Lewit, Eugene M. & Monheit, Alan C. Expenditures on health
care for children and pregnant women. 40p.
4233 McCallum, Bennett T. Specification of policy rules and
performance measures in multicountry simulation studies.
31p.
4213 Neumark, David. Are rising wage profiles a forced-saving
mechanism?. 41p.
4235 Poterba, James M. Capital budgets, borrowing rules, and
state capital spending. 26p.
4230 Razin, Assaf & Sadka, Efraim. International migration and
international trade. 44p.
4214 Razin, Assaf & Yuen, Chi-Wa. Convergence in growth rates:
the role of capital mobility and international taxation.
28p.
4217 Stulz, Rene M. & Wasserfallen, Walter. Foreign equity
investment restrictions and shareholder wealth maximization.
42p.
4207 Svensson, Lars E.O. Why exchange rate bands?: monetary
independence in spite of fixed exchange rates. 53p.
4218 Tesar, Linda L. & Werner, Ingrid M. Home bias and the
globalization of securities markets. 49p.
4242 Backus, David K., Kehoe, Patrick J. & Kydland, Finn E.
Dynamics of the trade balance and the terms of trade: the
S-curve. 45p.
4243 Backus, David K., Kehoe, Patrick J. & Kydland, Finn E.
Relative price movements in dynamic general equilibrium
models of international trade. 51p.
4241 Bak, Per, et al. Aggregate fluctuations from independent
sectoral shocks: self-organized criticality in a model of
production and in. 42p.
PAGE 65
4255 Berman, Eli, Bound, John & Griliches, Zvi. Changes in the
demand for skilled labor within U.S. manufacturing
industries: evidence from Annual Survey of Mfgr. 55p.
4244 Bernheim, B. Douglas & Wantz, Adam. A tax-based test of the
dividend signaling hypothesis. 35p.
4264 Berry, Steven, Levinsohn, James & Pakes, Ariel. Automobile
prices in market equilibrium, part I and II. 91p.
4259 Blackburn, McKinley L. & Neumark, David. Are OLS estimates
of the return to schooling biased downward?: another look.
25p.
4258 Blanchard, Olivier J., Lopez-de Silanes, Florencio &
Shleifer, Andrei. What do firms do with cash windfalls?.
49p.
4254 Bogart, William T. & Gentry, William M. Capital gains taxes
and realizations: evidence from interstate comparisons.
30p.
4257 Edin, Per-Anders & Holmlund, Bertil. The Swedish wage
structure: the rise and fall of solidarity wage policy?.
55p.
4246 Edwards, Sebastian. Exchange rates as nominal anchors.
42p.
4231 Engel, Charles. Real exchange rates and relative prices: an
empirical investigation. 22p.
4262 Farber, Henry S. The analysis of inter-firm worker
mobility. 69p.
4247 Gorton, Gary & Rosen, Richard. Corporate control, portfolio
choice, and the decline of banking. 50p.
4239 Gruber, Jonathan. State mandated benefits and employer
provided health insurance. 49p.
4253 Haliassos, Michael & Lyon, Andrew B. Progressivity of
capital gains taxation with optimal portfolio selection.
46p.
4240 Hall, Bronwyn H. R & D tax policy during the eighties:
success or failure?. 49p.
4249 Heaton, John & Lucas, Deborah. Evaluating the effects of
incomplete markets on risk sharing and asset pricing. 58p.
4245 Helliwell, John F. International growth linkages: evidence
from Asia and the OECD. 35p.
4248 Holtz-Eakin, Douglas & Selden, Thomas M. Stoking the
fires?: CO2 emissions and economic growth. 38p.
4261 Holtz-Eakin, Douglas, Rosen, Harvey S. & Tilly, Schuyler.
Intertemporal analysis of state and local government
spending: theory and tests. 23p.
4263 Kaplow, Louis. Shifting plaintiffs' fees versus increasing
damage awards. 10p.
4250 Lucas, Robert E. & Woodford, Michael. Real effects of
monetary shocks in an economy with sequential purchases.
68p.
4252 Metcalf, Gilbert E. The lifetime incidence of state and
local taxes: measuring changes during the 1980's. 46p.
4260 Neumark, David. Sex discrimination and women's labor market
interruptions. 37p.
4251 Papke, Leslie E. What do we know about enterprise zones?.
64p.
PAGE 66
4256 Young, Alwyn. Substitution and complementarity in
endogenous innovation. 41p.
4267 Ball, Laurence & Romer, David. Inflation and the
informativeness of prices. 43p.
4266 Bloom, David E. & Brender, Adi. Labor and the emerging
world economy. 70p.
4269 Brainard, S. Lael. A simple theory of multinational
corporations & trade with a trade-off between proximity and
concentration. 45p.
4270 Brander, James A. & Dowrick, Steve. The role of fertility
and population in economic growth: empirical results from
aggregate cross-national data. 40p.
4265 Currie, Janet. Gender gaps in benefits coverage. 31p.
4274 De Long, J. Bradford & Shleifer, Andrei. Princes and
merchants: European city growth before the Industrial
Revolution. 38p.
4271 Eichenbaum, Martin & Evans, Charles. Some empirical
evidence on the effects of monetary policy shocks on
exchange rates. 46p.
4273 Gorton, Gary & Kahn, James. The design of bank loan
contracts, collateral, and renegotiations. 48p.
4272 Griliches, Zvi & Cockburn, Iain. Generics and new goods in
pharmaceutical price indexes. 36p.
4281 Kantor, Shawn E. & Legros, Patrick. The economic
consequences of legislative oversight theory and evidence
from the medical profession. 52p.
4276 Kaplan, Steven N. & Minton, Bernadett A. "Outside"
intervention in Japanese companies: its determinants and its
implications for managers. 38p.
4275 Konishi, Toru, Ramey, Valerie A. & Granger, Clive W.J.
Stochastic trends and short-run relationships between
financial variables and real activity. 19p.
4279 Sicherman, Nachum. Gender differences in departures from a
large firm. 40p.
4277 Tauchen, Helen, Witte, Ann D. & Griesinger, Harriet.
Criminal deterrence: revisiting the issue with a birth
cohort. 24p.
4296 Abel, Andrew B. & Eberly, Janice C. A unified model of
investment under uncertainty. 25p.
4282 Baldwin, Robert E. & Steagall, Jeffrey W. An analysis of
factors influencing ITC decisions in antidumping,
countervailing duty and safeguard cases. 48p.
4289 Blomstrom, Magnus & Kokko, Ari. Policies to encourage
inflows of technology through foreign multinationals. 29p.
4291 Chen, Zhaohui & Giovannini, Alberto. The determinants of
realignment expectations under the EMS: some empirical
regularities. 36p.
4284 Currie, Janet & Thomas, Duncan. Medicaid and medical care
for children. 41p.
4292 Francz, Wolfgang & Gordon, Robert J. German and American
wage and price dynamics: differences and common themes.
61p.
4280 Grossman, Gene M. & Helpman, Elhanan. Trade wars and trade
talks. 42p.
PAGE 67
4295 Gustman, Alan L., Mitchell, Olivia S. & Steinmeier, Thomas
L. The role of pensions in the labor market. 48p.
4298 Kaminsky, Graciela L. & Lewis, Karen K. Does foreign
exchange intervention signal future monetary policy?. 45p.
4268 Kane, Thomas J. & Rouse, Cecilia E. Labor market returns to
two- and four-year colleges: is a credit and do degrees
matter?. 46p.
4287 Kaplow, Louis & Shavell, Steven. Accuracy in the assessment
of damages. 22p.
4299 Kaplow, Louis. Human capital and the income tax. 25p.
4290 Kaplow, Louis. Optimal insurance contracts when
establishing the amount of losses is costly. 14p.
4278 Laixuthai, Adit & Chaloupka, Frank J. Youth alcohol use and
public policy. 25p.
4285 Ramey, Valerie A. How important is the credit channel in
the transmission of monetary policy?. 42p.
4286 Stiglitz, Joseph E. Endogenous growth and cycles. 56p.
4306 Ball, Laurence. What determines the sacrifice ratio?. 41p.
4311 Benabou, Roland. Heterogeneity, stratification, and growth.
40p.
4303 Bryan, Michael F. & Cecchetti, Stephen G. Measuring core
inflation. 25p.
4288 Calomiris, Charles W. & Hubbard, R. Glenn. Internal finance
and investment: evidence from the undisturbed profits tax of
1936-1937. 50p.
4313 Ciccone, Antonio & Hall, Robert E. Productivity and the
density of economic activity. 38p.
4316 Comment, Robert & Schwert, G. William. Poison or placebo?:
evidence on the deterrent and wealth effects of modern
antitakeover measures. 39p.
4300 Cutler, David M. The incidence of adverse medical outcomes
under prospective payment. 40p.
4301 Cutler, David. Why doesn't the market fully insure
long-term care?. 49p.
4283 Cutler, David M., Elmendorf, Douglas W. & Zeckhauser,
Richard J. Demographic characteristics and the public
bundle. 53p.
4302 Cutler, David M. & Sheiner, Louise M. Policy options for
long-term care. 71p.
4314 Dow, James & Gorton, Gary. Arbitrage chains. 37p.
4315 Dow, James & Gorton, Gary. Profitable informed trading in a
simple general equilibrium model of asset pricing. 58p.
4293 Ehrenberg, Ronald G. & Brewer, Dominic J. Did teachers'
race and verbal ability matter in the 1960's?: Coleman
revisited. 54p.
4304 Feldstein, Martin & Stock, James H. The use of monetary
aggregates to target nominal GDP. 73p.
4307 Gustman, Alan L. & Steinmeier, Thomas L. Employer provided
health insurance and retirement behavior. 44p.
4317 Kashyap, Anil N. & Stein, Jeremy C. Monetary policy and
bank lending. 64p.
4297 Katz, Lawrence F., Loveman, Gary W. & Blanchflower, David G.
A comparison of changes in the structure of wages in four
OECD countries. 36p.
PAGE 68
4347 Balduzzi, Pierluigi, Bertola, Guiseppe & Foresi, Silverio.
A model of target changes and the term structure of interest
rates. 36p.
4341 Barro, Robert J. & Lee, Jong-Wha. Losers and winners in
economic growth. 57p.
4309 Bernstein, Jeffrey I. & Nadiri, M. Ishaq. Production,
financial structure and productivity growth in U.S.
manufacturing. 32p.
4339 Blank, Rebecca M. Public sector growth and labor market
flexibility: the United States vs. the United Kingdom. 71p.
4338 Blank, Rebecca M. & Freeman, Richard B. Evaluating the
connection between social protection and economic
flexibility. 40p.
4327 Cameron, Stephen V. & Heckman, James J. Determinants of
young male schooling and training choices. 46p.
4329 Campbell, John Y. & Mei, Jianping. Where do betas come
from?: asset price dynamics and the sources of systematic
risk. 37p.
4348 Currie, Janet & Fallick, Bruce. A note on the new minimum
wage research. 17p.
4328 Deaton, Angus & Paxson, Christina. Intertemporal choice and
inequality. 57p.
4330 Deaton, Angus & Paxson, Christina H. Saving, growth, and
aging in Taiwan. 45p.
4320 Edwards, Sebastian. Exchange rates, inflation and
disinflation: Latin American experiences. 61p.
4319 Edwards, Sebastian. The political economy of inflation and
stabilization in developing countries. 46p.
4294 Engel, Charles, et al. The constrained asset share
estimation (CASE) method: testing mean-variance efficiency
of the U.S. stock market. 28p.
4325 Feldstein, Martin. The dollar and the trade deficit in the
1980s: a personal view. 27p.
4324 Feldstein, Martin. Government spending and budget deficits
in the 1980s: a personal view. 53p.
4323 Feldstein, Martin. Tax policy in the 1980s: a personal
view. 38p.
4333 Fernandez, Raquel & Rogerson, Richard. Keeping people out:
income distribution, zoning and the quality of public
education. 49p.
4335 Frankel, Jeffrey A. & Wei, Shang-Jin. Trade blocs and
currency blocs. 53p.
4346 Gokhale, Jagadeesh, Groschen, Erica L. & Neumark, David. Do
hostile takeovers reduce extramarginal wage payments?. 36p.
4345 Goldin, Claudia. The political economy of immigration
restriction in the United States, 1890 to 1921. 28p.
4321 Gray, Wayne B. & Shadbegian, Ronald J. Environmental
regulation and manufacturing productivity at the plant
level. 29p.
4332 Green, Richard K. & Hendershott, Patric H. Demographic
factors and real house prices. 19p.
4305 Kotlikoff, Laurence J. & Gokhale, Jagadeesh. The equity of
social services provided to children and senior citizens.
28p.
PAGE 69
4343 Kowalczyk, Carsten & Sjostrom, Tomas. Bringing GATT into
the core. 42p.
4331 Leamer, Edward E. & Medberry, Chauncey J. U.S.
manufacturing and an emerging Mexico. 60p.
4340 Levich, Richard M. & Thomas, Lee R. Internationally
diversified bond portfolios: the merits of active currency
risk management. 35p.
4326 Miron, Jeffrey A., Romer, Christina D. & Weil, David N.
Historical perspectives on the monetary transmission
mechanism. 59p.
4308 Obstfeld, Maurice. Are industrial-country consumption risks
globally diversified?. 55p.
4318 O'Connell, Stephen A. & Zeldes, Stephen P. Dynamic
efficiency in the gifts economy. 27p.
4312 Rauch, James E. Does history matter only when it matters
little?: the case of city-industry location. 29p.
4334 Razin, Assaf. The dynamic-optimizing approach to the
current account: theory and evidence. 47p.
4336 Razin, Assaf & Yuen, Chi-Wa. Convergence in growth rates: a
quantitative assessment of the role of capital mobility &
international taxation. 23p.
4344 Shapiro, Matthew D. & Slemrod, Joel. Consumer response to
the timing of income: evidence from a change in tax
witholding. 19p.
4342 Shapiro, Matthew D. Federal reserve policy: cause and
effect. 52p.
4337 Wolf, Holger C. Anti-tax revolutions and symbolic
prosecutions. 11p.
4366 Aizenman, Joshua & Isard, Peter. Resource allocation during
the transition to a market economy: policy implications of
supply bottlenecks and adjust. 39p.
4350 Alesina, Alberto & Grilli, Vittorio. On the feasibility of
a one or multi-speed European Monetary Union. 38p.
4353 Alesina, Alberto, Grilli, Vittorio & Milesi-Ferretti, Gian
Maria. The political economy of capital controls. 36p.
4364 Bagwell, Kyle & Staiger, Robert W. Multilateral traiff
cooperation during the formation of regional free trade
areas. 48p.
4349 Barro, Robert J. & Lee, Jong-Wha. International comparisons
of educational attainment. 45p.
4369 Benartzi, Shlomo & Thaler, Richard H. Myopic loss aversion
and the equity premium puzzle. 31p.
4379 Bordo, Michael D., Jonung, Lars & Siklos, Pierre L. The
common development of institutional change as measured by
income velocity: a century of evidence from industria. 39p.
4310 Bordo, Michael D. The gold standard, Bretton Woods and
other monetary regimes: an historical appraisal. 116p.
4362 Buiter, Willem H. Public debt in the USA: how much, how
bad, and who pays?. 67p.
4370 Caballero, Ricardo J. & Jaffe, Adam B. How high are the
giants' shoulders: an empirical assessment of knowledge of
spillovers and creative destruction in . 75p.
4378 Campa, Jose & Goldberg, Linda S. Investment in
manufacturing, exchange rates and external exposure. 34p.
PAGE 70
4365 Card, David & Lemieux, Thomas. Wage dispersion, returns to
skill, and black-white wage differentials. 53p.
4363 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
36p.
4356 Ehrenberg, Ronald G. & Rothstein, Donna S. Do historically
black institutions of higher education confer unique
advantages on black students?: an initial anal. 63p.
4361 Eichengreen, Barry. The endogeneity of exchange rate
regimes. 43p.
4355 Froot, Kenneth A. Currency hedging over long horizons.
39p.
4374 Fullerton, Don & Kinnaman, Thomas C. Garbage, recycling,
and illicit burning or dumping. 13p.
4352 Krueger, Anne O. Free trade agreements as protectionist
devices: rules of origin. 25p.
4351 Krueger, Anne O. & Duncan, Roderick. The political economy
of controls: complexity. 35p.
4360 Lakonishok, Josef, Vishny, Robert W. & Shleifer, Andrei.
Contrarian investment, extrapolation, and risk. 48p.
4377 Lewis, Karen K. Are foreign exchange intervention and
monetary policy related and does it really matter?. 42p.
4359 Mocan, H. Naci & Topyan, Kudret. Illicit drug use and
health: analysis and projections of New York City birth
outcomes using a Kalman filter model. 42p.
4357 Nalebuff, Barry, Rodriguez, Andres & Stiglitz, Joseph E.
Equilibrium unemployment as a worker screening device. 71p.
4358 Perroni, Carlo & Whalley, John. Rents, regulation, and
indirect tax design. 33p.
4375 Poterba, James M. State responses to fiscal crises: the
effects of budgetary institutions and politics. 35p.
4372 Shleifer, Andrei & Vishny, Robert W. Corruption. 24p.
4373 Stein, Jeremy C. Prices and trading volume in the housing
market: a model with downpayment effects. 42p.
4354 Tornell, Aaron. Economic growth and decline with endogenous
property rights. 40p.
4390 Abraham, Katherine G. & Housman, Susan S. Does employment
protection inhibit labor market flexibility?: lessons from
Germany, France, & Belgium. 58p.
4381 Atkeson, Andrew & Lucas, Robert E. Efficiency and equality
in a simple model of efficient unemployment insurance. 45p.
4411 Atkeson, Andrew & Kehoe, Patrick J. Social insurance and
transition. 39p.
4384 Blanchflower, David & Freeman, Richard B. Did the Thatcher
reforms change British labour performance?. 49p.
4398 Borsch-Supan, Axel, McFadden, Daniel & Schnabel, Reinhold.
Living arrangements: health and wealth effects. 33p.
4404 Boyd, John H. & Gertler, Mark. U.S. commercial banking:
trends, cycles, and policy. 50p.
4387 Caspersen, Erik & Metcalf, Gilbert. Is a value added tax
progressive?: annual versus lifetime incidence measures.
35p.
4409 Corman, Hope & Chaikind, Stephen. The effect of low
birthweight on the health, behavior, and school performance
of school-aged children. 40p.
PAGE 71
4406 Currie, Janet & Thomas, Duncan. Does Head Start make a
difference?. 59p.
4402 De La Rica, Sara & Lemieux, Thomas. Does public health
insurance reduce labor market flexibility or encourage the
underground economy?: evidence from S. 54p.
4393 Dickson, Joel M. & Shoven, John B. Ranking mutual funds on
an after-tax basis. 54p.
4401 Feenstra, Robert C. Measuring the welfare effect of quality
change: theory and application to Japanese autos. 28p.
4399 Feenstra, Robert C., Gagnon, Joseph E. & Knetter, Michael M.
Market share and exchange rate pass-through in world
automobile trade. 30p.
4400 Gorton, Gary. Reputation formation in early bank debt
markets. 54p.
4385 Grossman, Michael, et al. Effects of alcohol price policy
on youth. 32p.
4394 Hamermesh, Daniel S. Labor demand and the source of
adjustment costs. 28p.
4397 Hines, James R. Altered states: taxes and the location of
foreign direct investment in America. 45p.
4388 Holtz-Eakin, Douglas. Health insurance provision and labor
market efficiency in the United States and Germany. 62p.
4407 Hoynes, Hilary W. Welfare transfers in two-parent families:
labor supply and welfare participation under AFDC-UP. 51p.
4392 Hubbard, R. Glenn, Kashyap, Anil K. & Whited, Toni M.
Internal finance and firm investment. 36p.
4389 Hummels, David & Levinsohn, James. Monopolistic competition
and international trade: reconsidering the evidence. 39p.
4395 Inman, Robert P. Presidential leadership and the reform of
fiscal policy: learning from Reagan's role in the Tax Reform
Act of 1986. 55p.
4382 Ito, Takatoshi & Hirono, Keiko N. Efficiency of the Tokyo
housing market. 48p.
4410 Kleidon, Allan W. & Werner, Ingrid M. Round-the-clock
trading: evidence from U.K. cross listed securities. 41p.
4383 Klein, Michael W. Timing is all: elections and the duration
of United States business cycles. 26p.
4376 Lang, Larry H.P. & Stulz, Rene M. Tobin's w, corporate
diversification and firm performance. 41p.
4367 McCallum, Bennett T. Macroeconomics after two decades of
rational expectations. 33p.
4368 McCallum, Bennett T. Unit roots in macroeconomic time
series: some critical issues. 56p.
4380 Pindyck, Robert S. & Solimano, Andres. Economic instability
and aggregate investment. 53p.
4391 Poterba, James M., Venti, Steven F. & Wise, David A. Do
401(k) contributions crowd out other personal saving?. 56p.
4396 Shiller, Robert J. Aggregate income risks and hedging
mechanisms. 56p.
4386 Yamada, Tadashi & Yamada, Tetsuji. The allocation of time:
young versus elderly households in Japan. 33p.
4412 Abel, Andrew B. & Eberly, Janice C. An exact solution for
the investment and market value of a firm facing
uncertainty. 24p.
PAGE 72
4413 Allen, Steven G., Clark, Robert L. & McDermed, Ann A.
Post-retirement increases in pensions in the 1980's: did
plan finances matter?. 40p.
4447 Ashenfelter, Orley & Bloom, David. Lawyers as agents of the
devil in a prisoner's dilemma game. 38p.
4405 Auerbach, Alan J., Hassett, Kevin A. & Oliner, Stephen D.
Reassessing the social returns to equipment investment.
22p.
4433 Blomstrom, Magnus & Wolff, Edward N. Growth in a dual
economy. 46p.
4436 Blomstrom, Magnus, Lipsey, Robert E. & Zejan, Mario. Is
fixed investment the key to economic growth?. 23p.
4431 Boggess, Scott & Bound, John. Did criminal activity
increase during the 1980's?: comparisons across data
sources. 43p.
4415 Bordo, Michael D. & Evans, Charles L. Labor productivity
during the Great Depression. 14p.
4422 Bruno, Michael. Inflation and growth in an integrated
approach. 50p.
4408 Calomiris, Charles W. Corporate finance benefits from
universal banking: Germany and the United States, 1870-1914.
26p.
4425 Chichilnisky, Graciela & Heal, Geoffrey. Who should abate
carbon emissions?: an international viewpoint. 15p.
4437 Clarida, Richard H. Permanent income, import prices, and
the demand for imported consumer durables: a structural
econometric investigat. 17p.
4438 De Gregorio, Jose, Giovannini, Alberto & Wolf, Holger C.
International evidence on tradables and nontradables
inflation. 26p.
4446 Dumas, Bernard. Partial vs. general equilibrium models of
the international capital market. 58p.
4418 Fullerton, Don & Tsang, Seng-Su. Environmental costs paid
by the polluter or the beneficiary?: the case of CERCLA and
Superfund. 40p.
4440 Hendershott, Patric H. & Schultz, William R. Equity and
nonequity determinants of FHA single-family mortgage
foreclosures in the 1980's. 29p.
4421 Hoshi, Takeo, Kashyap, Anil & Scharfstein, David. The
choice between public and private debt: an analysis of
post-deregulation corporate financing in Japan. 44p.
4441 Jovanovic, Boyan & MacDonald, Glenn M. The life-cycle of a
competitive industry. 37p.
4416 Kaplan, Steven N. Top executives, turnover and firm
performance in Germany. 22p.
4424 Mitchell, Olivia S. Retirement systems in developed and
developing countries: institutional features, economic
effects, and lessons for. 57p.
4414 Montgomery, Edward B. Patterns in regional labor market
adjustment: the United States vs. Japan. 62p.
4423 Nadiri, M. Ishaq. Innovations and technological spillovers.
45p.
4434 Poterba, James M. & Summers, Lawrence H. Unemployment
benefits, labor market transitions, and spurious flows: a
multinomial logit model with errors in class. 27p.
PAGE 73
4427 Prendergast, Canice & Topel, Robert H. Favoritism in
organizations. 50p.
4417 Rodrick, Dani. Trade in industrial policy reform in
developing countries: a review of recent theory and
evidence. 71p.
4419 Rodrick, Dani. Trade liberalization in disinflation. 36p.
4426 Stokey, Nancy L. & Rebelo, Sergio. Growth effects of
flat-rate taxes. 46p.
4468 Abraham, Katherine G. & Taylor, Susan K. Firm's use of
outside contractors: theory and evidence. 40p.
4486 Alesina, Alberto & Perotti, Roberto. Income distribution,
political instability, and investment. 33p.
4454 Attanasio, Orazio P. A cohort analysis of saving behavior
by U.S. households. 43p.
4453 Attanasio, Orazio P. & Browning, Martin. Consumption over
the life cycle and over the business cycle. 28p.
4480 Baker, George, Gibbons, Robert & Murphy, Kevin J.
Subjective performance measures in optimal incentive
contracts. 37p.
4465 Baldwin, Richard. A domino theory of regionalism. 21p.
4430 Beltratti, Andrea, Chichilnisky, Graciela & Heal, Geoffrey.
Sustainable growth and the green golden rule. 35p.
4472 Bertola, Guiseppe & Caballero, Ricardo J. Cross sectional
efficiency and labor hoarding in a matching model of
unemployment. 26p.
4429 Blank, Rebecca M. & Ruggles, Patricia. When do women use
AFDC and food stamps?: the dynamics of eligibility vs.
participants. 59p.
4481 Bordo, Michael D., Choudhri, Ehsan U. & Schwartz, Anna J.
Could stable money have averted the Great Contraction?.
28p.
4489 Borenstein, Severin & Shepard, Andrea. Dynamic pricing in
retail gasoline markets. 43p.
4450 Bourassa, Steven C., et al. Independent living and
homeownership: an analysis of Australian youth. 40p.
4483 Card, David. Using geographic variation in college
proximity to estimate the return to schooling. 35p.
4470 Carroll, Christopher D. & Weil, David N. Saving and growth:
a reintepretation. 99p.
4443 Chari, V.V., Christiano, Lawrence J. & Kehoe, Patrick J.
Optimality of the Friedman rule in economies with distorting
taxes. 27p.
4442 Clarida, Richard H. & Taylor, Mark P. The term structure of
forward exchange premia and the forecastability of spot
exchange rates: correcting the errors. 25p.
4444 Coe, David T. & Helpman, Elhanan. International R & D
spillovers. 33p.
4448 Drazen, Allan & Masson, Paul R. Credibility of policies
versus credibility of policymakers. 30p.
4458 Dumas, Bernard, Jennergren, L. Peter & Naslund, Bertil.
Realignment risk and currency option pricing in target
zones. 42p.
4459 Dumas, Bernard & Solnik, Bruno. The world price of foreign
exchange risk. 51p.
PAGE 74
4487 Durlauf, Steven N. & Maccini, Louis J. Measuring noise in
inventory models. 29p.
4473 Dutta, Prajit K., Lach, Saul & Rustichini, Aldo. Better
late than early: vertical differentiation in the adoption of
a new technology. 27p.
4474 Easterly, William, et al. Good policy or good luck?:
country growth performance and temporary shocks. 38p.
4445 Eichengreen, Barry & Irwin, Douglas A. Trade blocs,
currency blocs and the disintegration of world trade in the
1930's. 30p.
4456 Fernandez, Raquel & Rogerson, Richard. Zoning and the
political economy of local redistribution. 40p.
4464 Freeman, Richard B. & Gibbons, Robert. Getting together and
breaking apart: the decline of centralized collective
bargaining. 41p.
4460 Gaynor, Martin & Anderson, George F. Uncertain demand, the
structure of hospital costs, and the cost of empty hospital
beds. 50p.
4488 Grossman, Hershel I. & Iyigun, Murat. Population increase,
extralegel appropriation, and the end of colonialism. 15p.
4420 Grossman, Herschel I. & Iyigum, Murat. The profitability of
Colonialism. 15p.
4469 Gruber, Jonathan & Madrian, Brigitte C. Health insurance
availability and the retirement decision. 45p.
4479 Gruber, Jonathan & Madrian, Brigitte C. Limited insurance
portability and job mobility: the effects of public policy
on job-lock. 37p.
4435 Gruber, Jonathan & Poterba, James M. Tax incentives and the
decision to purchase health insurance: evidence from the
self-employed. 48p.
4439 Hall, Robert E. & Mankiw, N. Gregory. Nominal income
targeting. 40p.
4428 Heckman, James. Assessing Clinton's program on job
training, workfare, and education in the workplace. 31p.
4466 Henderson, Rebecca & Cockburn, Iain. Scale, scope and
spillovers: the determinants of research productivity in the
pharmaceutical industry. 55p.
4462 Hurd, Michael D. The effect of labor market rigidities on
the labor force behavior of older workers. 68p.
4463 Jovanovic, Boyan & MacDonald, Glenn. Competitive diffusion.
41p.
4455 Jovanovic, Boyan & Lach, Saul. Diffusion lags and aggregate
fluctuations. 20p.
4457 Kaplow, Louis & Shavell, Steven. The efficiency of the
legal system versus the income tax in redistributing income.
19p.
4478 Krugman, Paul & Lawrence, Robert. Trade, jobs, and wages.
31p.
4461 Lang, Kevin & Dickens, William T. Bilateral search as an
explanation for labor market segmentation and other
anomalies. 33p.
4467 Lyons, Richard K. Optimal transparency in a dealership
market with an application to foreign exchange. 45p.
4471 Lyons, Richard K. Tests of microstructural hypotheses in
the foreign exchange market. 32p.
PAGE 75
4449 McCallum, Bennett T. Specification and analysis of a
monetary policy rule for Japan. 60p.
4476 Madrian, Brigitte C. Employment-based health insurance and
job mobility: is there evidence of job lock?. 45p.
4484 Matsuyama, Kiminori & Takahashi, Takaaki. Self-defeating
regional concentration. 34p.
4451 Rodrik, Dani. Do low-income countries have a high wage
option?. 37p.
4452 Romer, Paul M. New goods, old theory, and the welfare costs
of trade restrictions. 56p.
4477 Weil, David N. Intergenerational transfers, aging, and
uncertainty. 37p.
4482 Young, Alwyn. Lessons from the East Asian NIC's: a
contrarian view. 16p.
4541 Abraham, Katherine G. & Houseman, Susan N. Earnings
inequality in Germany. 49p.
4533 Arnott, Richard, Greenwald, Bruce & Stiglitz, Joseph E.
Information and economic efficiency. 16p.
4491 Ashenfelter, Orley & Zimmerman, David J. Estimates of the
returns to schooling from sibling data: fathers, sons, and
brothers. 31p.
4521 Averett, Susan & Korenman, Sanders. The economic reality of
"The Beauty Myth". 46p.
4493 Backus, David K., Kehoe, Patrick J. & Kydland, Finn E.
International business cycles: theory and evidence. 42p.
4549 Berndt, Ernst R., Griliches, Zvi & Rappaport, Neal.
Econometric estimates of price indexes for personal
computers in the 1990's. 35p.
4498 Besley, Timothy, Preston, Ian & Ridge, Michael. Fiscal
anarchy in the U.K.: modelling poll tax noncompliance. 36p.
4515 Betts, Caroline M., Bordo, Michael D. & Redish, Angela. A
small open economy in depression: lessons from Canada in the
1930's. 65p.
4546 Bordo, Michael D., Rockoff, Hugh & Redish, Angela. A
comparison of the United States and Canadian banking systems
in the 20th century: stability vs. efficiency?. 34p.
4530 Borsch-Supan, Axel. Aging in Germany and the United States:
international comparisons. 81p.
4500 Brock, Philip L. & Turnovsky, Stephen J. The dependent
economy model with both traded and nontraded capital goods.
33p.
4505 Bryan, Michael F. & Cecchetti, Stephen G. The consumer
price index as a measure of inflation. 23p.
4531 Caplin, Andrew, Freeman, Charles & Tracy, Joseph.
Collateral damage: how refinancing constraints exacerbate
regional recessions. 26p.
4509 Card, David & Krueger, Alan B. Minimum wages and
employment: a case study of the fast food industry in New
Jersey and Pennsylvania. 55p.
4528 Card, David, Katz, Lawrence F. & Krueger, Alan B. An
evaluation of recent evidence on the employment effects of
minimum and subminimum wages. 30p.
4490 Chari, V.V., Christiano, Lawrence J. & Kehoe, Patrick J.
Optimal fiscal policy in a business cycle model. 46p.
PAGE 76
4506 Clarida, Richard H. International capital mobility, public
investment and economic growth. 24p.
4537 Costa, Dora L. Health, income, and retirement: evidence
from 19th century America. 45p.
4539 Currie, Janet. Welfare and the well-being of children: the
relative effectiveness of cash and in-kind transfers. 54p.
4492 Davis, Steven J., Haltiwanger, John & Schuh, Scott. Small
business and job creation: dissecting the myth and
reassessing the facts. 47p.
4510 Diamond, Peter. Privatization of social security: lessons
from Chile. 29p.
4532 Dominguez, Kathryn M. Does central bank intervention
increase the volatility of foreign exchange rates?. 47p.
4522 Dumas, Bernard, Jennergren, L. Peter & Naslund, Bertil.
Currency option pricing in credible target zones. 17p.
4499 Easterly, William & Rebelo, Sergio. Fiscal policy and
economic growth: an empirical investigation. 54p.
4511 Edwards, Sebastian. Trade policy, exchange rates and
growth. 73p.
4529 Engle, Robert F. & Issler, Joao V. Estimating sectoral
cycles using cointegration and common features. 55p.
4519 Engle, Robert F., Kane, Alex & Noh, Jaesun. Index option
pricing with stochastic volatility and the value of accurate
variance forecasts. 29p.
4524 Epstein, Larry G. & Melino, Angelo. A revealed preference
analysis of asset pricing under recursive utility. 31p.
4547 Eschweiler, Bernhard & Bordo, Michael D. Rules, discretion,
and central bank independence: the German experience 1880 -
1989. 57p.
4536 Feenstra, Robert C., Yang, Tzu-Han & Hamilton, Gary G.
Market structure and international trade: business groups in
East Asia. 42p.
4496 Feldstein, Martin. The effect of marginal tax rates on
taxable income: a panel study of the 1986 Tax Reform Act.
44p.
4503 Flood, Robert P. & Rose, Andrew K. Fixing exchange rates: a
virtual quest for fundamentals. 35p.
4527 Grossman, Gene M. & Helpman, Elhanan. Endogenous innovation
in the theory of growth. 36p.
4518 Hamermesh, Daniel S. & Biddle, Jeff E. Beauty and the
labour market. 44p.
4526 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
Entrepreneurial decisions and liquidity constraints. 28p.
4494 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
Sticking it out: entrepreneurial survival and liquidity
constraints. 34p.
4516 Hubbard, R. Glenn, Skinner, Jonathan & Zeldes, Stephen P.
The importance of precautionary motives in explaining
individual and aggregative savings. 85p.
4538 Hulten, Charles R. & Schwab, Robert M. Endogenous growth,
public capital, and the convergence of regional
manufacturing industries. 39p.
4545 Ito, Takatoshi. Short-run and long-run expectations of the
Yen/dollar exchange rate. 35p.
PAGE 77
4523 Jones, Larry E. & Manuelli, Rodolfo E. Growth and the
effects of inflation. 44p.
4525 Jones, Larry E., Manuelli, Rodolfo E. & Rossi, Peter E. On
the optimal taxation of capital income. 36p.
4542 Kruse, Douglas L. Does profit sharing affect productivity?.
72p.
4512 Lopez-de-Silanes, Florencio, Markusen, James R. &
Rutherford, Thomas F. Anti-competitive and rent-shifting
aspects of domestic content provisions in regional trade
blocks. 40p.
4513 Markusen, James R. & Rutherford, Thomas F. Discrete plant
location decisions in an applied general equilibrium model
of trade liberalization. 29p.
4520 Noh, Jaesun, Engle, Robert F. & Kane, Alex. A test of
efficiency for the S & P 50 index option market using
variance forecasts. 29p.
4501 Papke, Leslie E., Petersen, Mitchell & Poterba, James M.
Did 401(k) replace other employer provided pensions?. 35p.
4507 Polinsky, A. Mitchell & Rubinfeld, Daniel L. Optimal awards
and penalties when the probability of prevailing varies
among plaintiffs. 14p.
4514 Rey, Patrick & Stiglitz, Joseph E. Short-term contracts as
a monitoring device. 36p.
4485 Romer, Christina D. & Romer, David H. Credit channel or
credit actions?: an interpretation of the postwar
transmission mechanism. 64p.
4495 Rose, Andrew K. & Svensson, Lars E.O. European exchange
rate credibility before the fall. 36p.
4502 Rotemberg, Julio J. & Woodford, Michael. Dynamic general
equilibrium models with imperfectly competitive product
markets. 62p.
4517 Stockman, Alan C. & Ohanian, Lee E. Short-run independence
of monetary policy under pegged exchange rates and effects
of money on exchange rates and in. 34p.
4504 Svensson, Lars E.O. Fixed exchange rates as a means to
price stability: what have we learned?. 28p.
4544 Svensson, Lars E.O. Term, inflation, and foreign exchange
risk premia: a unified treatment. 34p.
4535 Triest, Robert K. The efficiency cost of increased
progressivity. 53p.
4508 Waldfogel, Joel. The selection hypothesis and the
relationship between trial and plaintiff victory. 48p.
4497 Yamada, Tetsuji, Kendix, Michael & Yamada, Tadashi. The
impact of alcohol consumption and marijuana use on high
school graduation. 31p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Technical Papers.
130 Elliott, Graham, Rothenberg, Thomas J. & Stock, James H.
Efficient tests for an autoregressive unit root. 36p.
135 Benabou, Roland & Konieczny, Jerzy. On inflation and output
with costly price changes: a simple unifying result. 19p.
143 West, Kenneth D.. Inventory models. 50p.
144 West, Kenneth D. & Newey, Whitney K. Automatic lag
selection in covariance matrix estimation. 49p.
PAGE 78
145 Hansen, Lars P., Heaton, John & Luttmer, Erzo. Econometric
evaluation of asset pricing models. 63p.
NATIONAL OPINION RESEARCH CENTER. Economics Research Center.
92-9 Averett, Susan L., Peters, H. Elizabeth & Waldman, Donald M.
Tax credits, labor supply, and child care. 39p.
9210 Ryoo, Jaewoo & Rosen, Sherwin. The market for engineers.
42p.
93-1 Gonul, Fusun & Srinivasan, Kannan. Consumer purchase
behavior in a frequently bought product category: estimation
issues and mangerial insights from a. 29p.
93-2 Rosen, Sherwin, Murphy, Kevin M. & Scheinkman, Jose A.
Cattle cycles. 33p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
67 Valenzuela, M.R.J. Income inequality in Asia, 1960-1985: a
decomposition analysis. 18p.
68 Rambaldi, Alicia N., Hill, R. Carter & Farber, Stephen. A
MIMIC approach to the estimation of the supply and demand
for construction materials in the U.S. 24p.
69 Battese, G.E. & Coelli, T.J. A stochastic frontier
production function incorporating a model for technical
inefficiency effects. 22p.
70 Coelli, Tim. Finite sample properties of stochastic
frontier estimators and associated test statistics. 30p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
93-8 Bateman, Hazel, Kingston, Geoffrey & Piggott, John. Notes
on the equity implications of mandated funded pension
schemes. 19p.
93-6 Bateman, Hazel & Piggot, John. The superannuation guarantee
charge: what do we know about its aggregate impact?. 19p.
93-2 Kakwani, N. Growth and income redistribution: a poverty
decomposition derived using an axiomatic approach. 17p.
93-3 Kakwani, Nanak. Testing hypotheses about differences in
poverty estimated from grouped data. 12p.
93-7 Kakwani, Nanak & Sowey, Eric. A new test for
overidentification. 15p.
93-5 Keen, Steve. Goodwin + Minsky = chaos: modelling Minsky's
"financial instability hypothesis". 39p.
93-4 Kingston, Geoffrey & Piggott, John. A Ricardian equivalence
theorem on the taxation of pension funds. 8p.
93-1 Sowey, Eric R. Methodology and econometrics: facing up to
some nagging questions. 26p.
9312 Bewley, Ronald & Yang, Minxian. Testing for cointegration
within the Box-Tiao procedure. 29p.
93/9 Kakwani, Nanak. Measuring poverty with uncertain threshold.
10p.
9314 Mai, Yin Hua. Capital mobility and industrial upgrading in
the Asian NIE's: a regional general equilibrium view. 40p.
9311 Monadjemi, Mehdi. Government debt and private consumption:
some international evidence. 25p.
PAGE 79
9310 Wan, Alan. The non-optimality of interval restricted and
pre-test estimators under squared error loss. 21p.
9318 Bewley, Ronald & Yang, Minxian. Testing for cointegration:
the effects of misspecifying the lag length. 9p.
9316 Crosby, Mark. Voting and learning in a model of monetary
policymaking. 21p.
9320 Freedman, Craig. Williamson's back door: transaction costs
and the efficient firm. 11p.
9315 Keen, Steve. The missing lag between Harrod and Hicks.
35p.
9322 Truong, Truong P. Dynamics of public infrastructure,
industrial productivity and profitability: a comment. 7p.
9321 Truong, Truong P. Dynamics of public infrastructure and
industrial productivity: the role of non-rival production
factor. 19p.
9323 Tran-Nam, Binh. Theory of competitive firms: a profit
function approach. 22p.
9317 Wan, Alan. Risk comparison of the inequality constrained
least squares and other related estimators under balanced
loss. 10p.
NEW YORK UNIVERSITY. Center for Applied Economics.
9246 Benhabib, Jess & Spiegel, Mark. The role of human capital
in economic development: evidence from aggregate
cross-country & regional U.S. data. 45p.
9251 Brams, Steven J. Cycles of conflict. 41p.
9252 Brams, Steven J. & Mattli, Walter. Theory of moves:
overview and examples. 52p.
9247 Eden, Benjamin & Jovanovic, Boyan. Asymmetric information
and the excess volatility of stock prices. 19p.
9249 Foresi, Silverio & Peracchi, Franco. The conditional
distribution of excess returns: an empirical analysis. 26p.
9256 Goldberg, Linda S. Exchange rate unification with black
market leakages: Russia 1992. 33p.
9254 Gomory, Ralph E. & Baumol, William J. Toward a theory of
industrial policy retainable industries. 29p.
9257 Kornhauser, Lewis A. & Schotter, Andrew. An experimental
study of two-actor accidents. 62p.
9255 Merlo, Antonio. Bargaining over governments in a stochastic
environment. 34p.
9234 Merlo, Antonio & Wilson, Charles. A stochastic model of
sequential bargaining with complete information and
transferable utility. 34p.
9253 Peracchi, Franco & Welch, Finis. How representative are
matched cross sections?: evidence from the Current
Population Survey. 48p.
9250 Prager, Jonas. Contracting out: theory and policy. 43p.
9248 Schotter, Andrew, Snyder, Blaine & Zheng, Wei. Bargaining
through agents: an experimental study. 46p.
9313 Benhabib, Jess & Perli, Roberto. Uniqueness and
indeterminacy: transitional dynamics in a model of
endogenous growth. 27p.
9303 Benhabib, Jess & Rustichini, Aldo. Follow the leader: on
growth and diffusion. 27p.
PAGE 80
9309 Benoit, Jean-Pierre & Kornhauser, Lewis. Social choice in a
representative democracy. 31p.
9310 Bernstein, Jeffrey I. & Nadiri, M. Ishaq. Production,
financial structure and productivity growth in U.S.
manufacturing. 32p.
9302 Gertler, Mark & Gilchrist, Simon. Monetary policy, business
cycles and the behavior of small manufacturing firms. 42p.
9311 Jovanovic, Boyan. The diversification of production. 59p.
9307 Kornhauser, Lewis A. & Revesz, Richard L. Multi-defendant
settlements: the impact of joint and several liability.
67p.
9306 Merlo, Antonio & Wilson, Charles. A stochastic model of
sequential bargaining with complete information and
nontransferable utility. 52p.
9305 Merlo, Antonio & Wilson, Charles. A stochastic model of
sequential bargaining with complete information and
transferable utility. 34p.
9312 Prager, Jonas. Contracting out government services: lessons
from the private sector. 33p.
9301 Schotter, Andrew, Weiss, Avi & Zapater, Inigo. Fairness and
survival in ultimatum and dictatorship games. 28p.
9304 Velasco, Andres. A model of endogenous fiscal deficits and
delayed fiscal reforms. 22p.
9322 Baumol, William J. On the perils of privatization. 35p.
9320 Baumol, William J. Social wants and dismal science: the
curious case of the climbing costs of health and teaching.
42p.
9319 Boyd, John H. & Gertler, Mark. U.S. commercial banking:
trends, cycles, and policy. 50p.
9318 Campa, Jose & Goldberg, Linda S. Investment in
manufacturing, exchange-rates and external exposure. 34p.
9316 Del Boca, Daniela & Flinn, Christopher J. Rationalizing
child support decisions. 39p.
9325 Fields, Judith & Wolff, Edward N. Industry wage
differentials and the gender wage gap. 25p.
9317 Goldberg, Linda S., Ickes, Barry W. & Ryterman, Randi.
Departures from the ruble zone: the implications of adopting
independent currencies. 36p.
9321 Goldberg, Michael D. & Frydman, Roman. Qualitative
rationality and behavior in the foreign exchange market.
39p.
9308 Howell, David R. & Wolff, Edward N. Changes in the
information intensity of the U.S. workplace since 1950: has
information technology made a difference. 39p.
9324 Imbens, Guido & van der Klaauw, Wilbert. Evaluating the
cost of conscription in the Netherlands. 23p.
9315 Kornhauser, Lewis A. & Revesz, Richard L. Multi-defendant
settlements under joint and several liability: the problem
of insolvency. 37p.
9326 Sopher, Barry & Zapater, Inigo. Communication and
coordination in signalling games: an experimental study.
42p.
9314 Spiegel, Mark M. Fixed-premium deposit insurance and
collective action problems among banks. 33p.
PAGE 81
9323 van der Klaauw, Wilbert. Female labor supply and marital
status decisions: a life cycle model. 61p.
9340 Blomstrom, Magnus & Wolff, Edward N. Growth in a dual
economy. 46p.
9342 Brams, Steven J. & Taylor, Alan D. Fair division by point
allocation. 36p.
9329 Brams, Steven J. & Taylor, Alan D. Fair division: Pareto
optimality versus strategic robustness. 34p.
9330 Brams, Steven J. & Merrill, Samuel. Would Ross Perot have
won the 1992 Presidential election under approval voting?.
19p.
9337 de Bartolome, Charles A.M. Integrating tax distortions and
externality theory. 28p.
9332 de Bartolome, Charles A.M. & Spiegel, Mark M. Regional
competition for domestic and foreign investment: evidence
from state development expenditures. 30p.
9333 Demirguc-Kunt, Asli, Diwan, Ishac & Spiegel, Mark M.
Heterogeneity in bank valuation of LDC debt: evidence from
the 1988 Brazilian debt-reduction program. 28p.
9338 Flinn, Christopher J. Equilibrium wage and dismissal
processes. 45p.
9341 Goldberg, Michael D. & Frydman, Roman. Empirical exchange
rate models and shifts in the co-integrating vector. 36p.
9334 Jovanovic, Boyan & MacDonald, Glenn. The life cycle of a
competitive industry. 37p.
9331 Nadiri, M.Ishaq. Innovations and technological spillovers.
47p.
9335 Nyarko, Yaw. The Savage-Bayesian foundation of economic
dynamics. 37p.
9336 Nyarko, Yaw. The "types" of a Bayesian equilibrium. 39p.
9328 Ramsey, James B. & Keenan, Sean. Forecastability of driven
oscillators with noise. 49p.
9339 Ramsey, James B. & Rothman, Philip. Time irreversibility
and business cycle asymmetry. 26p.
9327 Schotter, Andrew. A practical person's guide to mechanism
selection: some lessons from experimental economics. 41p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9252 Altman, Edward I. Mark-to-market disclosure: an opportunity
dressed in annoying clothing. 8p.
9246 Ammer, John & Mei, Jianping. Measuring international
economic linkages with stock market data. 34p.
9250 Backus, David K. & Zin, Stanley E. Long-memory inflation
uncertainty: evidence from the term structure of interest
rates. 31p.
9251 Evans, Martin & Wachtel, Paul. Inflation regimes and the
sources of inflation uncertainty. 47p.
9248 Smith, Roy C. & Walter, Ingo. Bank industry linkages:
models for Eastern European economic restructuring. 29p.
9249 Walter, Ingo. The European macroeconomic environment:
financial market implications. 27p.
9247 Walter, Ingo. A framework for the optimum structure of
financial systems. 55p.
PAGE 82
93-4 Brenner, Menachem & Subrahmanyam, Marti G. A simple
approach to valuation and hedging in the Black-Scholes
model. 14p.
93-3 Franke, Gunter, Stapleton, Richard C. & Subrahmanyam, Marti
G. Idiosyncratic risk, sharing rules and the theory of risk
bearing. 55p.
93-1 Smith, Roy C. Facing ethical problems on Wall Street. 14p.
93-2 Smith, Roy C. Why Japanese companies finance abroad. 15p.
93-5 White, Lawrence J. The Community Reinvestment Act: good
intentions headed in the wrong direction. 17p.
9311 Amihud, Yakov, Christensen, Bent J. & Mendelson, Haim.
Further evidence on the risk-return relationship. 22p.
93-6 Berlin, Mitchell & Mester, Loretta J. Financial
intermediation as vertical integration. 42p.
9310 Ho, T.S., Stapleton, Richard C. & Subrahmanyam, Marti G.
Multivariate binomial approximations for asset prices with
non-stationary variance and covariance characteristics.
38p.
93-9 Sametz, Arnold W. The role of the financial sector in the
reform and reconstruction of Easter European economies.
32p.
93-8 Szanyi, Miklos. What happened to the transition in
Hungary?: an approach from the management side. 34p.
93-7 Walter, Ingo. The battle of the systems: control of
enterprises and the global economy. 50p.
9312 Yadav, Pradeep K. & Pope, Peter F. Mean reversion in stock
index futures mispricing: evidence from the U.S. and the
U.K. 43p.
9348 Damodaran, Aswath & Lim, Joe. Put listing, short sales
restrictions and return processes. 27p.
9343 Evans, Martin D.D. & Lewis, Karen K. Do long-term swings in
the dollar affect estimates of the risk premia?. 37p.
9344 Evans, Martin D.D. & Cumby, Robert E. Measuring current and
anticipated future credit quality: estimates from Brady
bonds. 26p.
9347 Haubrich, Joseph & Wachtel, Paul. Capital requirements and
shifts in commercial bank portfolios. 47p.
9345 Saunders, Anthony & Wilson, Berry. If history could be
re-run: pricing deposit insurance in 1933. 39p.
9346 Yu, G. George. Valuation of American bond options. 17p.
NEW YORK UNIVERSITY. Stern School of Business.
9303 Antzoulatos, Angelos A. Improving short-run macroeconomic
forecasts: the "contribution" of a borrowing constraint
representative agent. 27p.
9302 Evans, Martin D.D. Estimating general Markov switching
models. 21p.
9232 Evans, Martin D.D. & Lewis, Karen K. Trends in excess
returns in currency and bond markets. 16p.
9301 White, Lawrence J. The Community Reinvestment Act: good
intentions headed in the wrong direction. 17p.
9305 Antzoulatos, Angelos A. The rationality of the OECD foreign
balance forecasts: a case study and some new insights. 17p.
PAGE 83
9304 Backus, David K. & Zin, Stanley E. Long-memory inflation
uncertainty: evidence from the term structure of interest
rates. 31p.
9306 Evans, Martin D.D. & Lewis, Karen K. Do expected shifts in
inflation affect estimates of the long-run Fisher relation?.
29p.
9307 White, Lawrence J. Competition policy in the United States:
an overview. 50p.
9308 Wolf, Holger C. Anti tax revolution, hyperinflation and
symbolic prosecutions. 11p.
9309 Economides, Nicholas. The benefits of franchising and
vertical disintegration in monopolistic competition for
locationally differentiated. 27p.
9311 Wolf, Holger C. Postwar Germany in the European context:
domestic and external determinants of growth. 34p.
9310 Wolf, Holger C. The economics of disintegration in the
former Soviet Union. 20p.
9313 Cumby, Robert E. & Evans, Martin D.D. Measuring current and
anticipated future credit estimates from Brady bonds. 26p.
9314 Economides, Nicholas & White, Lawrence J. One-way networks,
two-way networks, compatibility, and antitrust. 25p.
9312 Evans, Martin D.D. & Lewis, Karen K. Do long-term swings in
the dollar effect estimates of the risk premia?. 37p.
9316 Backus, David K. Hysteresis in perspective: a discussion of
Dixit's "Hysteresis and the duration of the J-curve". 12p.
9315 Wachtel, Paul. Higher education in New York: portrait of an
industry. 48p.
9317 De Gregorio, Jose, Giovannini, Alberto & Wolf, Holger C.
International evidence on tradables and nontradables
inflation. 26p.
9318 Economides, Nicholas. Proposal to the Bank of Greece on the
organization of the secondary market for Greek state bills.
31p.
9319 Economides, Nicholas & Schwartz, Robert A. Electronic call
market trading. 22p.
9320 Greene, William H. Frontier production functions. 104p.
9325 Backus, David K. The Japanese trade balance: recent history
and future prospects. 22p.
9321 Backus, David K., Kehoe, Patrick J. & Kydland, Finn E.
International business cycles: theory and evidence. 42p.
9322 Dornbusch, Rudiger & Wolf, Holger C. East German economic
reconstruction. 27p.
9323 Economides, Nicholas, Hubbard, Glenn & Palia, Darius. The
political economy of branching restrictions and deposit
insurance: a model of monopolistic competition among sm.
29p.
9324 Katz, Barbara G. & Owen, Joel. Designing an optimal
privatization plan for restructuring firms and industries in
transition. 43p.
UNIVERSITY OF NORTH CAROLINA. Department of Economics.
9301 Black, Stanley W. The relationship of the exchange risk
premium to net foreign assets and central bank intervention.
35p.
PAGE 84
92-5 Hagiwara, May. Volatility in the terms of trade with
non-identical preferences. 37p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1014 Bagwell, Kyle. Commitment and observability in games. 11p.
1005 Bagwell, Kyle & Ramey, Garey. Advertising as information:
matching products to buyers. 33p.
1013 Bagwell, Kyle & Ramey, Garey. The Diamond paradox: a
dynamic resolution. 38p.
1017 Boldrin, Michele. Public education and capital
accumulation. 30p.
1009 Celentani, Marco & Pesendorfer, Wolfgang. Reputation in
dynamic games. 29p.
1007 Fershtman, Chaim & Weiss, Yoram. Social status, culture and
economic performance. 21p.
1004 Jackson, Matthew O. & Srivastava, Sanjay. Characterizations
of game theoretic solutions which lead to impossibility
theorems. 26p.
1003 Jackson, Matthew O. A proof of the existence of speculative
equilibria. 8p.
1018 Levine, David K. & Pesendorfer, Wolfgang. When are agents
negligible?. 13p.
1006 Page, Scott E. Specialized elections. 26p.
1016 Pesendorfer, Wolfgang. Sovereign debt: forgiving and
forgetting reconsidered. 12p.
1008 Porter, Robert H. The role of information in U.S. offshore
oil and gas lease auctions. 51p.
1011 Reiter, Stanley. Knowledge, discovery and growth. 95p.
1012 Rietz, Thomas A. Continuous time research and development
investment and innovation: effects on price and dividend
paths. 14p.
1015 Rustichini, Aldo & Wolinsky, Asher. Learning about variable
demand in the long run. 11p.
1010 Skiadas, Costis. Conditioning and aggregation of
preferences. 66p.
1034 Bagwell, Kyle & Ramey, Garey. Coordination economies,
advertising and search behavior in retail markets. 35p.
1021 Barbera, Salvador & Jackson, Matthew O. Strategy-proof
exchange. 43p.
1031 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
33p.
1022 Deneckere, Raymond J. & de Palma, Andre. The diffusion of
consumer durables in a vertically differentiated oligopoly.
46p.
1020 Fershtman, Chaim. On the value of incumbency: managerial
reference point and loss aversion. 21p.
1027 Gehrig, Thomas. Natural oligopoly in intermediated markets.
19p.
1025 Gilboa, Itzhak & Schmeidler, David. Case-based consumer
theory. 57p.
1035 Kalai, Ehud & Lehrer, Ehud. Merging economic forecasts.
18p.
PAGE 85
1024 Legros, Patrick & Newman, Andrew F. Wealth effects,
distribution, and the theory of organization. 51p.
1033 Marinacci, Massimo. On the ranges of Baire and Borel
measures, with application to fine and tight comparative
probabilities. 12p.
1032 Marinacci, Massimo. Residual measures and the existence and
range of probability measures on Boolean algebras. 14p.
1030 Matsuyama, Kiminori. Custom versus fashion: path-dependence
and limit cycles in a random matching game. 45p.
1028 Matsuyama, Kiminori. Modelling complementarity in
monopolistic competition. 36p.
1023 Morton, Rebecca B. & Myerson, Roger B. Campaign spending
with impressionable voters. 36p.
1029 Neeman, Zvika. A note on approximating agreeing to disagree
results with common p-beliefs. 5p.
1026 Rietz, Thomas A. Strategic behavior in multi-alternative
elections: a review of some experimental evidence. 40p.
1019 Wolinsky, Asher. Small deviations from maximizing behavior
in a simple dynamic model. 25p.
1044 Aragones, Enriqueta. A dynamic model of multiparty
competition. 27p.
1048 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of regional free trade
areas. 48p.
1043 Fershtman, Chaim & Kalai, Ehud. Unobserved delegation.
20p.
1045 Gilboa, Itzhak. Hempel, Good and Bayes. 24p.
1039 Gilboa, Itzhak & Schmeidler, David. Case-based
optimization. 32p.
1038 Hendricks, Kenneth, Porter, Robert H. & Tan, Guofu. Optimal
selling strategies for oil and gas leases with an informed
buyer. 17p.
1036 Lapson, Robert. Cooperation by indirect revelation through
strategic behavior. 33p.
1037 Lapson, Robert. Expected value, expected utility... or
should we expect something else?. 33p.
1041 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Normal form structures in extensive form games. 47p.
1042 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Structural indifference in normal form games. 24p.
1046 Marianacci, Massimo. An integral representation for non
simple acts with certainty equivalents. 21p.
1040 McFarland-Marx, Leslie & Swinkels, Jeroen M. Order
independence for iterated weak dominance. 16p.
1047 Mount, K.R. & Reiter, Stanley. Essential revelation
mechanisms and computational complexity. 43p.
1049 Pesendorfer, Wolfgang. Design innovation and fashion
cycles. 37p.
1056 Chikte, Shirish D. & Deshmukh, Sudhakar D. To be the first
or to be the best: new product quality and timing in R & D
competition. 21p.
1064 Feddersen, Timothy J. & Pessendorfer, Wolfgang. The swing
voter's curse. 24p.
1054 Fershtman, Chaim, Murphy, Kevin M. & Weiss, Yoram. Social
status, education and growth. 36p.
PAGE 86
1058 Gehrig, Thomas. Intermediation in search markets. 30p.
1057 Gehrig, Thomas & Jost, Peter J. Quacks, lemons and
self-regulation: a welfare analysis. 28p.
1055 Gilboa, Itzhak. Can free choice be known?. 22p.
1053 Gilboa, Itzhak & Schmeidler, David. Case-based knowledge
representation: an expository note. 15p.
1062 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Is there always a "right" extensive form?. 5p.
1050 Matsuyama, Kiminori & Takahashi, Takaaki. Self-defeating
regional concentration. 30p.
1051 Matthews, Steven A. Renegotiation of sales contracts. 45p.
1063 Myerson, Roger B. Axiomatic derivation of scoring rules
without the ordering assumption. 26p.
1052 Neeman, Zvika. Common beliefs and the existence of
speculative trade. 38p.
1059 Prasnikar, Vesna. Binary lottery payoffs: do they control
risk aversion?. 97p.
1060 Rogerson, William P. Inter-temporal cost allocation and
managerial investment incentives. 52p.
1061 Wolinsky, Asher. Regulation of duopoly under asymmetric
information: prices vs. quantities. 41p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
18/92 Brunstad, ROlf J. & Dyrstad, Jan M. Booming sector and wage
effects with an empirical analysis on Norwegian data. 34p.
13/92 Mathiesen, Lars. Pricing of electricity in the presence of
water uncertainty. 24p.
17/92 Pedersen, Karl R. On the endogenization of political
influence and economic policy. 22p.
16/92 Pedersen, Karl R. Rent-seeking, political influence and
inequality: a simple analytical example. 34p.
15/92 Steigum, Erling. Financial deregulation, credit boom and
banking crisis: the case of Norway. 35p.
14/92 Stensholt, Eivind. Circle pictograms for vote vectors.
28p.
1/93 Asheim, Geir B. & Brekke, Kjell A. Sustainability when
resource management has stochastic consequences. 28p.
3/93 Bardsen, Gunnar. Collinearity: measures and
parameterizations. 11p.
2/93 Bardsen, Gunnar & Fisher, Paul G. The importance of being
structured. 21p.
5/93 Salvanes, Kjell G. & Tjotta, Sigve. A consistency region
for estimated flexible functional forms. 31p.
4/93 Thogerson, Oystein. Uncertain petroleum revenues, the
government budget and precautionary saving. 20p.
6/93 Auerbach, Alan J., et al. Generational accounting in
Norway: is Norway overconsuming its petroleum wealth?. 41p.
OHIO STATE UNIVERSITY. Department of Economics.
93-2 Boal, William M. Union response to mechanization in U.S.
bituminous coal. 50p.
93-3 Choi, In & Ahn, Byung Chul. Testing the null of
stationarity for multiple time series. 27p.
PAGE 87
93-1 Fleisher, Belton, Liu, Yunhua & Li, Hongyi. Financial
intermediation, inflation, and capital formation in rural
China. 16p.
93-4 Choi, In. Asymptotic distributions of the conditional
non-linear least squares estimates for stationary,
noninvertible ARMA p. 23p.
93-5 Choi, In & Yu, Byungchul. A general framework for testing
I(m) against I(m+k). 31p.
93-6 McCulloch, J. Huston & Kwon, Heon-Chul. U.S. term structure
data, 1947-1991 (update of their Handbook of Monetary Econ
article, w/ 2 diskettes). 4p.
93-7 Mumy, Gene E. The implications of rent-seeking and
distributional considerations for price and nonprice
rationing of publicly pro. 30p.
93-9 Fleisher, Belton M., Dong, Keyong & Liu, Yunhua. Enterprise
organization, education, and productivity in the Chinese
paper industry. 13p.
93-8 Mark, Nelson C. Exchange rates and fundamentals: evidence
on long-run horizon predictability. 28p.
9310 Miyazaki, Hajime. Employeeism, corporate governance and the
J-firm. 47p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
285 Hillas, John. Sequential equilibria and stable sets of
beliefs. 35p.
287 Horioka, Charles Y. The impact of the age structure of the
population on the household saving rate in Japan:
cointegration analysis. 28p.
291 Kamiya, Kazuya. Optimal cost allocation rule in general
equilibrium models. 22p.
292 Lahiri, Sajal & Raimondos, Pascalis. On the correction of
trade distortions in a small open economy. 25p.
290 Oniki, Hajime. On the optimal size of economic
organizations: the benefits and costs of centralization &
decentralization. 18p.
289 Tsuneki, Atsushi. The measurement of waste with nonconvex
technology. 11p.
288 Tsuneki, Atsushi. A new interpretation of Harold
Hotelling's proof of the optimality of marginal cost
pricing. 13p.
286 Yoshida, Atsushi. Amemiya's partially generalized least
squares for two error components models w/ a heteroskedastic
error component. 15p.
293 Iritani, Jun & Kuga, Kiyoshi. Almost uniform commodity
taxation doctrine: equilibrium and efficiency. 35p.
298 Jiapei, Wu. Macrocontrol is the guarantee of the
development of market economy: observe China's market
economy from the angle o. 20p.
294 Kamiya, Kazuya. Optimal public utility pricing: a general
equilibrium analysis. 33p.
295 Miyazaki, Hajime. Employeeism, corporate governance and the
J-firm. 47p.
299 Shintani, Mototsugu. Excess smoothness of consumption in
Japan. 23p.
PAGE 88
297 Tsuneki, Atsushi. Shadow-pricing interpretation of the
Pigouvian rule for the optimal provision of public goods.
19p.
296 Yoshida, Atsushi. Amemiya's PGLS for nonlinear two error
components models. 39p.
301 Katzner, Donald W. The location of decision-making in the
firm. 29p.
300 Yoshida, Atsushi. Durbin-Wu-Hausman test for nonlinear two
error components models robust to heteroskedasticity. 10p.
304 Ethier, Wilfred J. & Horn, Henrik. Results-oriented trade
policy. 25p.
303 Ethier, Wilfred J. & Markusen, James R. Multinational
firms, technology diffusion and trade. 24p.
307 Kuga, Kiyoshi. Family expenditures as outcomes of
reciprocal caring. 33p.
306 Lim, Chin. Erosion of international public goods and
threats and challenges facing the Asia-Pacific economies.
27p.
308 Horioka, Charles Y. Is Japan's household saving rate really
high?. 71p.
310 Katzner, Donald W. Western economics and the economy of
Japan. 40p.
309 Moriguichi, Chikashi. Japan's macroeconomic policy and
Japan-U.S. economic relations during the 80's. 25p.
UNIVERSITY OF OTTAWA. Department of Economics.
9216 Gray, David M. Short time compensation in France:
unversality of access and impact on efficiency. 45p.
9217 Lavoie, Marc. A post-Keynesian approach to consumer choice.
27p.
9215 Lavoie, Marc. Uncertainty and procedural rationality: a
world of realism. 29p.
9218 Dagum, Camilo. The social welfare bases of Gini, Theil,
generalized entropy, Atkinson, Zenga, and Pareto income
inequality measure. 38p.
9301 Devlin, R.A. & Grafton, R.Q. Tradeable permits, missing
markets, and technology. 24p.
9302 Grafton, R. Quentin. Uncertainty and rent capture in an
individual transferable quotas (ITQ) fishery. 25p.
9303 LaCasse, Chantale. Bid-rigging and the threat of government
prosecution. 47p.
9304 Plourde, Andre & Watkins, G.C. Crude oil prices: how
volatile in relation to other commodities?. 49p.
9305 Bloom, David, Grenier, Gilles & Gunderson, Morley. The
changing labor market position of Canadian immigrants. 33p.
9306 Grafton, R. Quentin. Rent capture in a rights based
fishery. 35p.
9308 Lavoie, Marc & Ramirez-Gaston, Pablo. Traverse in a
two-sector Kaleckian model of growth with target return
pricing. 45p.
9307 Seccareccia, Mario. Keynesianism & public investment:
re-evaluating social democratic goals within a
left-Keynesian perspective. 28p.
PAGE 89
9310 Day, Kathleen M. & Devlin, Rose Anne. The payoff to work
without pay: volunteer work as an investment in human
capital. 32p.
9311 Day, Kathleen M. & Devlin, Rose Anne. Voluteerism in
Canada: some econometric evidence. 35p.
9315 Gray, David & Grenier, Gilles. Jobless duration of
displayed workers: a comparison of Canada and the U.S. 43p.
9312 Grenier, Gilles & Joseph, Troy. The dynamics of gender-wage
differentials and discrimination in Canada. 35p.
9314 Lavoie, Marc. Interest rates in post-Keynesian models of
growth and distribution. 40p.
9313 Plourde, Andre. Natural gas trade in North America:
building up to the NAFTA. 33p.
9317 Coulombe, Serge & Lee, Frank C. Regional economic
disparities in Canada. 24p.
9316 Gray, David. Work-sharing benefits in Canada: a time series
analysis. 27p.
9318 Lee, Frank C. & Coulombe, Serge. Regional productivity
convergence in Canada. 18p.
9319 Ross, Don & LaCasse, Chantale. Towards a new philosophy of
positive economics. 46p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9233 Bergemann, Dirk. Multiple tasks in the principal-agent
model: a generalized portfolio model. 40p.
9230 Burdett, Kenneth & Wright, Randall. Search, matching, and
unions. 22p.
9229 Kajii, Atsushi. Constrained suboptimality with many agents.
28p.
9227 Morris, Stephen. Revising knowledge: a decision theoretic
approach. 39p.
9228 Ryoo, Jaewoo. Adverse selection, reputation, and firms in
professional service markets. 30p.
9231 Shin, Hyun Song. The burden of proof in a game of
persuasion. 29p.
9232 Shin, Hyun Song & Williamson, Timothy. How much common
belief is necessary for a convention?. 26p.
9301 Mailath, George J. Perpetual randomness in evolutionary
economics. 12p.
9234 Uzawa, H. Duality principles on intertemporal preference
and capital accumulation. 63p.
9303 Burdett, Kenneth, et al. Buyers and sellers. 30p.
9302 Morris, Stephen & Shin, Hyun Song. Noisy Bayes updating and
the value of information. 29p.
9304 Grant, Simon & Kajii, Atsushi. AUSI expected utility: an
anticipated utility theory of relative disappointment
aversion. 39p.
9305 Kandori, Michihiro & Rob, Rafael. Bandwagon effects and
long run technology choice. 30p.
9309 Morris, Stephen. Bid ask spreads with two sided private
information. 16p.
9310 Morris, Stephen. Risk, uncertainty and hidden information.
44p.
PAGE 90
9306 Rob, Rafael. A note on the incentives to agglomerate under
demand uncertainty. 23p.
9308 Uzawa, Hirofumi. An endogenous rate of time preference, the
Penrose effect, and dynamic optimality of environmental
quality. 41p.
9307 Zak, Paul J. A primer on functional differential equations
with applications to economics. 31p.
9314 Lagunoff, Roger D. & Matsui, Akihiko. Agitators and free
riders on the path to cooperation: the evolution of
cooperation in mechanisms for public project. 36p.
9315 Morris, Stephen, Postlewaite, Andrew & Shin, Hyun Song.
Depth of knowledge and the effect of higher order
uncertainty. 23p.
9311 Morris, Stephen, Rob, Rafael & Shin, Hyun Song. Risk
dominance and stochastic potential. 42p.
9312 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Structural indifference in normal form games. 24p.
9313 Trejos, Alberto & Wright, Randall. Search, bargaining,
money and prices. 33p.
9318 Grant, Simon & Kajii, Atsushi. A cardinal characterization
of the Rubinstein-Safra-Thomson axiomatic bargaining theory.
16p.
9317 Neumark, David & Postlewaite, Andrew. Relative income
concerns and the rise in married women's employment. 43p.
9316 Trejos, Alberto. Monetary exchange under private
information: a note. 12p.
9320 Balkenborg, Dieter. Strictness, evolutionary stability and
repeated games with common interests. 50p.
9321 Citana, Alessandro & Villanacci, Antonio. On generic
improvement in competitive economies with incomplete asset
structures. 24p.
9319 Matsui, Akihiko. Evolution and rationalizability. 48p.
9324 Vettas, Nikolaos. Demand and supply in new markets:
diffusion with bilateral learning. 36p.
9323 Wright, Randall. A note on sunspot equilibria in search
models of fiat money. 12p.
9322 Wright, Randall. Search, evolution and money. 37p.
UNIVERSITY OF PENNSYLVANIA. Fishman-Davidson Ctr. (Service Sect).
65 Pereira, Anil H.P. Tangibility of services and the use of
explicit guarantees in the service sector. 29p.
67 Fisher, Marshall & Raman, Ananth. Reducing risk in the
production of fashion products AND The value of quick
response for supplying fashion products:. 51p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
7 Calsamiglia, Xavier & Kirman, Alan. A unique
informationally efficient and decentralized mechanism with
fair outcomes. 28p.
10 Garcia-Fontes, Walter & Hopenhayn, Hugo. Entry restrictions
and the determination of quality. 30p.
9 Garcia-Mila, Teresa & McGuire, Therese J. Industrial mix as
a factor in the growth and variability of states' economies.
15p.
PAGE 91
19 Hopenhayn, Hugo & Werner, Ingrid M. Information, liquidity
and asset trading in a random matching game. 31p.
15 Marcet, Albert & Sargent, Thomas J. Speed of convergence of
recursive least squares learning with ARMA perceptions.
39p.
18 Mones, M. Antonia, Salas, Rafael & Ventura, Eva.
Consumption, real after tax interest rates and income
innovations. 47p.
14 Nicolini, Juan P. Ruling out speculative hyperinflations: a
game theoretic approach. 37p.
8 Satorra, Albert. The variance matrix of sample second-order
moments in multivariate linear restrictions. 10p.
20 Serra, Daniel. The coherent covering location problem.
27p.
12 Serra, Daniel & ReVelle, Charles. The PQ-median problem:
location and districting of hierarchical facilities, part 1.
20p.
13 Serra, Daniel & ReVelle, Charles. The PQ-median problem:
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II: heuristic solutions. 27p.
no # Smith, Vernon L. Experimental methods in economics. 51p.
22 Giovannetti, Giorgia, Marcet, Albert & Marimon, Ramon.
Growth, capital flows and enforcement constraints: the case
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23 Marimon, Ramon. Adaptive learning, evolutionary dynamics
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24 Marimon, Ramon & McGrattan, Ellen. On adaptive learning in
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21 Marimon, Ramon, Spear, Stephen E. & Sunder, Shyam.
Expectationally-driven market volatility: an experimental
study. 47p.
27 Freixas, Xavier. Short term credit versus account
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28 Motta, Massimo & Norman, George. Does economic integration
cause foreign direct investment?. 27p.
29 Prisbrey, Jeffrey. An experimental analysis of two-person
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33 Hopenhayn, Hugo A. The shakeout. 32p.
35 Satorra, Albert & Neudecker, Heinz. On the asymptotic
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26 Garcia, Jaume & Labeaga, Jose M. A cross-section model with
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25 Marimon, Ramon & Sunder, Shyam. Indeterminacy of equilibria
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40 Cuadras-Morato, Xavier. Commodity money in the presence of
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42 de Haan, Wouter J. & Marcet, Albert. Accuracy in
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43 Gali, Jordi. Local externalities, convex adjustment costs
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44 Gali, Jordi. Monopolistic competition, endogenous markups,
and growth. 10p.
36 Garcia-Mila, Teresa, McGuire, Therese J. & Porter, Robert H.
The effect of public capital in state-level production
functions reconsidered. 10p.
PAGE 92
30 Hopenhayn, Hugo A. & Munigurria, Maria E. Policy
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38 Labeaga, Jose M. & Lopez, Angel. Tax simulations for Spain
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41 Mones, M. Antonia & Ventura, Eva. Saving decisions and
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39 Serra, Daniel & ReVelle, Charles. Market capture by two
competitors: the pre-emptive location problem. 17p.
31 Ventura Colera, Eva. A note on measurement error and Euler
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UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
42 Branco, Fernando. Favoring domestic firms in procurement
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41 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio. Labor
hoarding and the business cycle. 56p.
40 Easterly, Williwm & Rebelo, Sergio. Marginal income tax
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43 Martina, Ana Paula. General exponential smoothing,
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44 Neves, Joao L.C. Long term series for the Portugese
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45 Barros, Fatima. Effects of delegation on market efficiency.
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46 Barros, Fatima. Incentive schemes as strategic variables:
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PRINCETON UNIVERSITY. Econometric Research Program.
368 Chow, Gregory C. Multiperiod competition with switching
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364 Chow, Gregory C. Optimal control without solving the
Bellman equations. 11p.
365 Chow, Gregory C. Statistical estimation and testing of a
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366 Uhlig, Harald. BVARTEC-Bayesian vector autoregressions with
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367 Uhlig, Harald. What macroeconomists should know about unit
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PRINCETON UNIVERSITY. Industrial Relations Section.
310 Card, David & Krueger, Alan B. Trends in relative
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309 Farber, Henry S. The incidence and costs of job loss:
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311 Kane, Thomas J. & Rouse, Cecilia E. Labor market returns to
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312 Card, David & Lemieux, Thomas. Wage dispersion, returns to
skill, and black-white wage differentials. 58p.
313 Rouse, Cecilia E. Democratization or diversion?: the effect
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PAGE 93
315 Card, David & Krueger, Alan B. Minimum wages and
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316 Card, David, Katz, Lawrence F. & Krueger, Alan B. Comment
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314 Farber, Henry S. & White, Michelle J. A comparison of
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318 Ashenfelter, Orley & Zimmerman, David J. Estimates of the
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317 Card, David. Using geographic variation in college
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320 Angrist, Joshua & Krueger, Alan B. Split sample
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321 Canes, Brandice J. & Rosen, Harvey S. Following in her
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319 Holtz-Eakin, Douglas, Joulfaian, David & Rosen, Harvey S.
Sticking it out: entrepreneurial survival and liquidity
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PRINCETON UNIVERSITY. International Finance Section-Essays.
188 Agenor, Pierre R. Parallel currency markets in developing
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189 Armendariz de Aghion, Beatriz & Williamson, John. The G-7's
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190 Krugman, Paul. What do we need to know about the
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PRINCETON UNIVERSITY. International Finance Section-Special Papers
18 Edison, Hali J. The effectiveness of central bank
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PRINCETON UNIVERSITY. International Finance Section-Studies.
73 Diwan, Ishac & Rodrik, Dani. External debt, adjustment, and
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74 Eichengreen, Barry. Should the Maastrict Treaty be saved?.
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PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
162 Grossman, Gene M. & Helpman, Elhanan. Protection for sale.
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163 Grossman, Gene M. & Helpman, Elhnanan. Trade wars and trade
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164 Gruen, David W.R. & Gizycki, Marianne C. Explaining forward
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PRINCETON UNIVERSITY. Woodrow Wilson School-Prog. in Development.
166 Deaton, Angus S. Commodity prices, stabilization, and
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PAGE 94
165 Guinnane, Timothy W. A failed institutional transplant:
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167 Besley, Timothy. Savings, credit and insurance. 114p.
168 Deaton, Angus. Intertemporal choice and inequality. 47p.
169 Guinnane, Timothy W. & Miller, Ronald I. The limits to land
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170 Besley, Timothy. Property rights and investment incentives:
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171 Besley, Timothy & Levenson, Alec. The role of informal
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172 Deaton, Angus S. Data and econometric tools for development
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PURDUE UNIVERSITY. Center for Int'l. Business Ed. & Research.
103 Carlson, John A. Risk aversion: foreign exchange
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110 Carlson, Joan A. & Kim, Insook. Central banks' expected
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104 Carlson, John A., Musain, Aasim M. & Zimmerman, Jeffrey A.
Penalties and exclusion in the rescheduling and forgiveness
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108 Haveman, Jon D. The effect of trade induced displacement on
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109 Haveman, Jon D. Some welfare effects of dynamic customs
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PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1032 Baye, Michael R. & Kovenock, Dan. How to sell a pickup
truck: "Beat-or-pay" advertisements as facilitating devices.
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1039 Baye, Michael R., Kovenock, Dan & De Vries, Casper G. The
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1023 Chun, Young H., Moskowitz, Herbert & Plante, Robert D.
Dynamic programming formulation of the group interview
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1022 Chun, Young H., Moskowitz, Herbert & Plante, Robert D.
Optimal selection strategy for the group interview problem.
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1028 Hirao, Yukiko, Krishnan, Murugappa & Weinberg, John.
Rivalry with two-sided learning. 29p.
1026 Jin, Yong. Information sharing in oligopoly: a general
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1031 Kobayashi, Shinji. Cooperative and noncooperative R and D
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1029 Kobayashi, Shinji. Product differentiation and research and
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1030 Kobayashi, Shinji. Product differentiation, research and
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1035 Korhonen, Pekka, Moskowitz, Herbert & Wallenius, Jyrki. The
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PAGE 95
1024 Krishnan, Murugappa & Bhattacharya, Utpal. To believe or
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1025 Krishnan, Murugappa & Roller, Lars-Hendrik. Preemptive
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1036 Kumar, Piyush, Putler, Daniel S. & Kalwani, Manohar U. An
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1038 Mehta, Shailendra R. Ability, wages and the size
distribution of firms: productivity differences and
monitoring in hierarchies. 25p.
1037 Mehta, Shailendra R. On the robustness of efficiency wage
equilibria: dual labor markets, abilities and wages. 11p.
1033 Mehta, Shailendra R. Why do firms decentralize when they
expand?: information flows and monitoring in firms. 19p.
1034 Mehta, Shailendra R. Why do large firms pay more than small
firms?: resource allocation and monitoring in hierarchies.
16p.
1027 Putler, Daniel S. & Frazao, Elizabeth. Consumer awareness
of diet-disease relationships and dietary behavior: the case
of dietary fats. 49p.
1040 Morrison, Donald G. & Kalwani, Manohar U. The best NFL
field goal kickers: are they lucky or good?. 16p.
1046 Bowman, Douglas & Gatignon, Hubert. Determinants of
competitor response time to a new product introduction.
32p.
1045 Cooper, Arnold C., Folta, Timothy B. & Woo, Carolyn.
Entrepreneurial information search: alternative theories of
behavior. 20p.
1047 Joseph, Kissan, Kalwani, Manohar U. & Putler, Daniel S. The
impact of compensation structure on salesforce turnover.
32p.
1042 Kalwani, Manohar U. & Narayamdas, Narakesari. The impact of
long term manufacturer supplier relationships on the
performance of supplier firms. 39p.
1043 Matheny, Kenneth J. Money, human capital and business
cycles. 28p.
1044 Miller, Kent D. & Leiblein, Michael. Corporate risk-return
relations: returns variability versus downside risk. 31p.
1041 Thorlund-Petersen, Lars. Third degree stochastic dominance
and axioms for a convex marginal utility function. 49p.
1048 Matheny, Kenneth A. Is there room for price rigidity in
cash advance models?. 35p.
1049 Matheny, Kenneth J. Equilibrium beliefs and non-uniqueness
in a rational expectations model of inflation. 23p.
1050 Mehta, Shailendra Raj. What is responsibility?. 11p.
UNIV. DU QUEBEC. Centre de Rech. sur l'Emploi et les Fluc. Econ.
8 Ambler, Steve & Paquet, Alain. Stochastic depreciation and
the business cycle puzzle. 27p.
6 Cho, Jang-Ok & Phaneuf, Louis. A business cycle model with
nominal wage contracts and government. 39p.
5 Demougin, Dominique & Siow, Aloysius. Careers in
hierarchies. 26p.
PAGE 96
2 Demougin, Dominique & Siow, Aloysius. Managerial husbandry
and the dynamics of ongoing firms. 32p.
3 Normandin, Michel. Precautionary saving: an explanation for
excess sensitivity of consumption. 42p.
4 Normandin, Michel. Precautionary saving: an explanation for
excess smoothness of consumption. 32p.
1 Storer, Paul. Persistent unemployment and sectoral shocks
in the wage of the 1982 recession. 22p.
7 van Audenrode, Marc A. & Storer, Paul. The effect of
unemployment insurance on unemployment duration: from the
Displaced Workers Survey. 29p.
14 Ambler, Steve & Paquet, Alain. Fiscal spending shocks,
endogenous government spending and real business cycles.
30p.
13 Cho, Jang-Ok & Phaneuf, Louis. Optimal wage indexation and
aggreation fluctuations. 33p.
15 Fortin, Pierre. The unbearable lightness of zero-inflation
optimism. 28p.
12 Merrigan, Philip. Family labor supply and the life cycle:
joint estimation of husband-wife relationships. 43p.
UNIVERSITE DU QUEBEC A MONTREAL. Dept. des Sciences Economiques.
9218 Cremieux, Pierre-Yves & van Audenrode, Marc. Rent sharing
in the airline industry: evidence from mergers and
acquisitions. 29p.
9303 Cremieux, Pierre-Yves. Strike insurance and labor earnings.
34p.
9302 Gaudet, Gerard, Lasserre, Pierre & Van Long, Ngo. Dynamic
incentive contracts with uncorrelated private information
and history dependent outcomes. 21p.
9305 Lasserre, Pierre. The social efficiency of privately
enforced property rights. 6p.
9304 Lasserre, Pierre & Ouellette, Pierre. Dynamic duality,
factor demands, and technology measurements under arbitrary
expectations. 46p.
9306 Cremieux, Pierre-Yves. The effect of deregulation on
employee earnings: pilots, flight attendants, and mechanics,
1959-1990. 40p.
9307 Nyssen, Jules. Expectations, externalities and welfare: a
note on a curious property of the Grossman and Helpman
endogenous growth. 20p.
9309 Amigues, Jean-Pierre, Gaudet, Gerard & Moreaux, Michel.
Groundwater valuation with a growing population. 21p.
9308 Gaudet, Gerard & Van Long, Ngo. Vertical integration,
foreclosure and profits in the presence of double
marginalization. 30p.
9311 Fluet, Claude & Garella, Paolo G. Competition in product
quality advertising. 35p.
9310 Mohnen, Pierre, Jacques, Romain & Gallant, Jean-S.
Productivity and R & D in two Canadian forest product
industries. 41p.
9313 Leonard, Robert J. From von Neumann to Nash: economics,
game theory and social process. 39p.
PAGE 97
9314 Leonard, Robert J. Laboratory strife: higgling as
experimental science in economics and social psychology.
37p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
863 Holt, Debra J. An empirical model of strategic choice with
an application to coordination games. 46p.
865 Madan, Dilip B., Milne, Frank & Elliott, Robert. Incomplete
diversification and asset pricing. 34p.
871 Devereux, Michael B., Head, Allen C. & Lapham, Beverly J.
Exit and entry, increasing returns to specialization, and
business cycles. 35p.
866 Kelsey, David & Milne, Frank. The arbitrage pricing theorem
with non expected utility preferences. 32p.
867 Kelsey, David & Milne, Frank. The existence of equilibrium
and the objective function of the firm. 24p.
869 Lapham, Beverly J. & Ware, Roger. Markov puppy dogs and
other related animals. 32p.
868 Madan, Dilip B. & Milne, Frank. Contingent claims valued
and hedged by pricing and investing in a basis. 41p.
864 Wen, Jean-Francois. Tax holidays in a business climate.
47p.
878 Devereux, Michael B. & Lapham, Beverly J. The stability of
economic integration and endogenous growth. 17p.
873 Garvie, Devon & Keeler, Andrew. Incomplete enforcement with
endogenous regulatory choice. 30p.
862 Gregory, Allan W. & Hansen, Bruce E. Residual-based tests
for cointegration in models with regime shifts. 45p.
875 Hartwick, John M. Capitalization of productivity growth in
urban land rent. 18p.
876 Hartwick, John M. Trade in intermediate goods and
international specialization. 39p.
872 Lipman, Barton L. Information processing and bounded
rationality: a survey. 37p.
874 Lipman, Barton L. Logics for nonomniscient agents: an
axiomatic approach. 34p.
877 Milne, Frank & Neave, Edwin H. Dominance relations among
standardized variables. 22p.
880 Bergin, James & Bernhardt, Dan. Anonymous sequential games:
existence and characterization of equilibria. 36p.
879 Bergin, James & Sen, Arunava. Implementation in generic
environments. 15p.
882 Bodman, Philip M. & Devereux, Michael B. A dynamic model of
trade union contract duration. 21p.
881 Hartwick, John M. Financing R & D with knowledge stock
rentals. 14p.
870 Usher, Dan. Education as a deterrent to crime. 37p.
883 Boadway, Robin W., Marceau, Nicolas & Marchand, Maurice.
Time-consistent criminal sanctions. 12p.
884 Hartwick, John M. National wealth and NNP and Natural
resources and national wealth and NNP (2 papers). 33p.
885 Lapham, Beverly J. & Ware, Roger. A dynamic model of
endogenous trade policy. 22p.
PAGE 98
886 Siddiq, Fazley K. & Beach, Charles M. Characterizing
life-cycle wealth distributions in Canada using dominance
criteria. 40p.
887 Durland, J. Michael & McCurdy, Thomas H. Duration dependent
transitions in a Markov model of U.S. GNP growth. 36p.
889 Usher, Dan. The interests of English Canada. 25p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
339 Dutta, Prajit K. & Madhavan, Ananth. Information
aggregation and strategic trading in speculative markets.
35p.
338 Dutta, Prajit K. & Madhavan, Ananth. Price continuity rules
and insider trading. 37p.
337 Leung, Siu Fai & Yu, Shihti. On the choice between sample
selection and two-part models. 39p.
342 Baxter, Marianne. Are consumer durables important for
business cycles?. 46p.
347 Greenwood, Jeremy, Rogerson, Richard & Wright, Randall.
Household production in real business cycle theory. 31p.
345 Hanushek, Eric A. & Lavy, Victor. Dropping out of school:
further evidence on the role of school quality in developing
countries. 39p.
343 Landsburg, Steven E. The methodology of normative
economics. 17p.
344 Landsburg, Steven E. Selection in insurance markets. 12p.
346 McKenzie, Lionel W. Achieving a general consumption set in
an infinite model of competitive equilibrium. 30p.
349 Ogaki, Masao. CCR: a user's guide (GAUSS program). 10p.
348 Ogaki, Masao. GMM: a user's guide (GAUSS program). 32p.
341 Thomson, William. The relacement principle in private good
economies with single-peaked preferences. 24p.
340 Thomson, William. The replacement principle in public good
economies with single-peaked preferences. 9p.
352 Banks, Jeffrey S. & Sundaram, Rangarajan K. Long-lived
principals, short-lived agents. 32p.
353 Banks, Jeffrey S. & Sundaram, Rangarajan K. Switching costs
and the Gittins Index. 11p.
350 Baxter, Marianne & Jermann, Urban J. The international
diversification puzzle is worse than you think. 29p.
358 Dutta, Prajit K. Bankruptcy and expected utility
maximization. 25p.
356 Dutta, Prajit K. & Radner, Roy. Moral hazard. 51p.
357 Dutta, Prajit K. Optimal management of an R & D budget.
34p.
355 Gomme, Paul & Greenwood, Jeremy. On the cyclical allocation
of risk. 41p.
354 Hanushek, Eric A. & Pace, Richard R. Who chooses to teach
(and why)?. 23p.
351 Tadenuma, Koichi & Thomson, William. Games of fair
division. 19p.
359 Birdsall, Nancy & Rhee, Changyong. Does R & D contribute to
economic growth in developing countries?. 26p.
362 Ching, Stephen & Thomson, William. Population monotonic
solutions in public good economies with single-peaked
preferences. 7p.
PAGE 99
366 Leung, Siu Fai. Dynamic deterrence theory. 39p.
365 Leung, Siu Fai & Yu, Shihti. A new regression specification
error test. 23p.
364 Ogaki, Masao. Unit roots in macroeconometrics: a survey.
38p.
363 Ogaki, Masao & Atkeson, Andrew. The rate of time
preference, the intertemporal elasticity of substitution,
and the level of wealth. 21p.
361 Stockman, Alan C. & Ohanian, Lee E. Short-run independence
of monetary policy under pegged exchange rates and effects
of money on exchange rates and in. 37p.
360 Thomson, William. "Divide and permute" and the
implementation of solutions to the problem of fair division.
24p.
UNIVERSITY OF SAARLAND. Department of Economics.
9206 Kirchgassner, Gebhard & Pommerehne, Werner W. Low-cost
decisions as a challenge to public choice. 10p.
9202 Krebs, Susanne & Pommerehne, Werner W. Modeling and testing
politico-economic interactions: the case of the performing
arts. 31p.
9204 Pommerehne, Werner W. & Frey, Bruno S. The effects of tax
administration on tax morale. 22p.
9205 Pommerehne, Werner W. & Frey, Bruno S. Justifications for
art trade restrictions: the economic perspective. 26p.
9203 Schmidt, Gunter. Algorithms for predictive production
schedulings: recent developments. 20p.
9301 Pommerehne, Werner W., Hart, Albert & Frey, Bruno S. Tax
morale, tax evasion and the choice of policy instruments in
different political systems. 27p.
SANTA FE INSTITUTE. Economics Research Program.
9306 Brock, W.A. Pathways to randomness in the economy: emergent
nonlinearity and chaos in economics and finance. 43p.
9308 Shubik, Martin. The Santa Fe art market. 48p.
9304 Bak, Per, et al. Aggregate fluctuations from independent
sectoral shocks: self-organized criticality in model of
production and inve. 26p.
9309 Geanakoplos, John. Common knowledge. 73p.
UNIVERSITY OF SASKATCHEWAN. Department of Economics.
92-8 Datta, Manjira. A general model of trade and optimal
accumulation in a small open economy: the case of production
uncertainty. 29p.
9210 Gilchrist, Donald A. Open access allocations of the
commons. 29p.
92-9 Zha, Tao. Heterogeneity, capital allocation and bankruptcy
law in an economy with incomplete asset markets. 52p.
93-1 Lucas, R.F. Research productivity in the Canadian economics
profession, 1981-90. 22p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Econ-Anderson Series.
9209 Abdel-Latif, Abla M. & Nugent, Jeffrey B. Countertrade as
trade creation and trade diversion: theory, and case study
illustration. 32p.
PAGE 100
9203 Arguea, Nestor M. & Hsiao, Cheng. Econometric issues of
estimating hedonic price functions, w/ an application to the
U.S. market for automobiles. 22p.
9201 Behrman, Jerer R., et al. The college investment decision:
direct & indirect effects of family background on choice of
postsecondary enrollme. 46p.
9210 Hsiao, Cheng. Logit and probit models. 24p.
9211 Hsiao, Cheng. Nonlinear latent variable models. 25p.
9213 Hsiao, Cheng. Panel analysis for metric data. 59p.
9212 Hsiao, Cheng. Random coefficients models. 32p.
9202 Laffont, Jean-Jacques & Vuong, Quang. Structural
econometric analysis of descending auctions. 11p.
9204 Lavergne, Pascal & Vuong, Quang. Nonparametric selection of
regressors: the non-nested case. 39p.
9207 Nugent, Jeffrey B. Between state, markets and households: a
neoinstitutional analysis of local organizations &
institutions. 32p.
9205 Nugent, Jeffrey B. From import substitution to outward
orientation: some institutional & political economy
conditions for reform. 35p.
9208 Nugent, Jeffrey B. What explains the trend reversal in the
size distribution of Korean manufacturing establishments?.
36p.
9206 Nugent, Jeffrey B. & Sanchez, Nicholas. Tribes, chiefs and
transhumance: a comparative institutional analysis. 39p.
9307 Cason, Timothy N. An experimental investigation of the
seller incentives in EPA's emission trading auction. 43p.
9303 Cason, Timothy N. The impact of information sharing
opportunities on market outcomes: an experimental study.
51p.
9304 Cason, Timothy N. The strategic value of asymmetric
information access for Cournot competition. 24p.
9308 Gu, Mu. An empirical examination of the deterministic
component in stock price volatility. 14p.
9302 Gu, Mu & Kalaba, Robert. Obtaining initial parameter
estimates for chaotic systems using associative memories.
16p.
9301 Kuran, Timur. Mitigating the tyranny of public opinion:
anonymous discourse and the ethic of sincerity. 37p.
9305 Kuran, Timur. The unthinkable and the unthought. 38p.
9306 Mui, Vai-Lam. The economics of envy. 48p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Finance & Business Eco
9312 Imrohoroglu, Ayse, Imrohoroglu, Selahattin & Joines,
Douglas. A numerical algorithm for solving models with
incomplete markets. 34p.
9313 Imrohoroglu, Selahattin. GMM estimates of currency
substitution between the Canadian dollar and the U.S.
dollar. 21p.
9314 Imrohoroglu, Selahattin. International currency
substitution and seignorage in a simple model of money.
19p.
9315 Imrohoroglu, Selahattin. A quantitative analysis of the
optimal tax structure under incomplete markets. 34p.
PAGE 101
STANFORD UNIVERSITY. Institute for Theoretical Economics.
56 Brown, Donald J., DeMarzo, Peter M. & Eaves, B. Curtis.
Computing equilibria in the GEI model. 22p.
49 Chichilnisky, Graciela, et al. Believing in multiple
equilibria. 15p.
50 Chichilnisky, Graciela & Wu, Ho-Mou. Financial innovation
and endogenous uncertainty in incomplete asset markets.
51p.
52 Grandmont, Jean-Michel. Aggregation, learning and
rationality. 27p.
55 Grandmont, Jean-Michel. Behavioral heterogeneity and
Cournot oligopoly equilibrium. 30p.
48 Henrotte, Philippe. Existence and optimality of equilibria
in markets with tradeable derivative securities. 39p.
54 Starrett, David A. On population externalities and the
social rate of discount. 27p.
53 Starrett, David A. On the equilibrium size and composition
of communities. 25p.
51 Weber, Shlomo. Entry deterrence in oligopolistic spatial
competition. 30p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
93-2 Banerjee, Abhijit & Weibull, Jorgen W. Evolution and
rationality: some recent game theoretic results. 30p.
93-6 Banerjee, Abhijit & Weibull, Jorgen W. Evolutionary
selection with discriminating players. 26p.
93-1 Bohm, Peter. Taxation and environment: the case of Sweden.
49p.
93-4 Bohm, Peter. Time preference and preference reversal: the
effects of experience and real payments. 33p.
93-5 Ritzberger, Klaus & Weibull, Jorgen W. Evolutionary
selection in normal form games. 32p.
93-3 Bohm, Peter & Larsen, Bjorn. Fairness in a tradeable-permit
treaty for carbon emissions reductions in Europe and the
former Soviet Union. 35p.
93-7 Basu, Kaushik. The traveller's dilemma: paradoxes of
rationality in game theory. 17p.
93-8 Harrison, Glenn W. Expected utility theory and the
experimentalists. 40p.
9310 Muren, Astri. Self-enforcement of firms' quality
commitments: an analysis of voluntary standards. 24p.
93-9 Tirole, Jean. A theory of collective reputations; with
applications to the persistence of corruption and to firm
quality. 33p.
9312 Bohm, Peter. Should marginal carbon abatement costs be
equalized across countries?. 9p.
9311 Weibull, Jorgen W. The `as if' approach to game theory:
three positive results and four obstacles. 17p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
523 Basu, Kaushik. Civil institutions and evolution. 30p.
PAGE 102
522 Calmfors, Lars. Lessons from the macroeconomic experience
of Sweden. 80p.
526 Gottfries, Nils & Sjostrom, Tomas. Profit sharing may
stabilize wages. 28p.
527 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per.
Macroeconomic implications of investment specific
technological change. 44p.
528 Horstmann, Ignatius J. & Markusen, James R. Exploring new
markets: the multinational firm's choice of direct
investment versus licensing. 30p.
520 Lindbeck, Assar & Snower, Dennis J. Patterns of
unemployment: an insider-outsider analysis. 33p.
525 Ljungqvist, Lars. Destabilizing exchange rate speculation:
a counterexample to Milton Friedman. 16p.
524 Stuart, Charles. Corn laws and modern agricultural trade
policy. 34p.
521 Svensson, Lars E.O. Why exchange rate bands?: monetary
independence in spite of fixed exchange rates. 53p.
530 Chou, Chien-fu & Shy, Oz. Technology revolutions and the
gestation of new technologies. 22p.
533 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
33p.
529 Flood, Robert P. & Rose, Andrew K. Fixing exchange rates: a
virtual quest for fundamentals. 34p.
531 Hassler, John. Are they swining together?: a measure of
linear comovement with an application to Swedish & foreign
business cycles. 41p.
532 Hassler, John. Variations in risk: a cause of fluctuations
in demand?. 42p.
534 Matsuyama, Kiminori. Modelling complementarity in
monopolistic competition. 36p.
536 Calmfors, Lars. Centralization of wage bargaining and
macroeconomic performance: a survey. 83p.
541 Calmfors, Lars & Lang, Harald. Macroeconomic effects of
active labour market programmes: the basic theory. 35p.
539 Gylfason, Thorvaldur. Optimal saving, interest rates and
endogenous growth. 35p.
538 Horn, Henrik & Shy, Oz. Local services and international
market integration. 17p.
540 Lindbeck, Assar, et al. Options for economic and political
reforms in Sweden. 55p.
537 Persson, Torsten & Tabellini, Guido. Is inequality harmful
for growth?. 40p.
535 Risager, Ole. Labour substitutions in construction and the
metal industry in Denmark. 18p.
STATE UNIVERSITY OF NEW YORK AT STONY BROOK. Dept. of Economics.
9205 Sanderson, Warren C. Simulation models of economic,
demographic, and environmental interactions: are they on a
sustainable development p. 52p.
9204 Staley, Charles E. A rational reconstruction of Smith's
theory of wages. 11p.
PAGE 103
9203 Staley, Charles E. Recent contributions to Schumpeterian
studies. 9p.
9302 Mittnik, Stefan & Rachev, Svetlozar T. Reply to comments on
`Modeling asset returns with alternative stable
distributions' & some extensions. 44p.
9301 Mittnik, Stefan & Zadrozny, Peter A. Asymptotic
distributions of impulse responses, step responses, and
variance decompositions of estimated linear dyna. 21p.
9202 Braun, Phillip A. & Mittnik, Stefan. Misspecifications in
vector autoregressions and their effects on impulse
responses & variance decomposition. 25p.
9201 Mittnik, Stefan. Computing theoretical autocovariances of
multivariate ARMA models using a Block Levinson method.
10p.
STATE UNIVERSITY OF NEW YORK AT STONY BROOK. Inst. for Decision Sc
32 Dhillon, Amrita & Mertens, Jean-F. Relative utilitarianism.
69p.
30 Dubey, Pradeep, Geanakoplos, John & Shubik, Martin. Is gold
an efficient store of value?. 20p.
31 Dubey, Pradeep & Sahi, Siddhartha. Price-mediated trade
with quantity signals: an axiomatic approach. 16p.
29 Dubey, Pradeep & Shapley, Lloyd S. Noncooperative general
exchange with a continuum of traders: two models. 49p.
33 Govindan, Srihari & Mertens, Jean-F. An equivalent
definition of stable equilibria. 10p.
26 Schmeidler, David & Tauman, Yair. Incentive compatatible
cost allocation schemes. 21p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
21/92 Grossman, Gene M. & Helpman, Elhanan. Protection for sale.
44p.
22/92 Sulganik, Eyal. On the structure of Blackwell's equivalence
classes of information systems. 18p.
2/93 Gandal, Neil & Salant, Donald J. Hollygopoly: oligopolistic
competition for (Hollywood) movies. 18p.
1/93 Grossman, Gene M. & Helpman, Elhanan. Trade wars and trade
talks. 42p.
3/93 Yashiv, Eran. On reputation formation in monetary policy.
28p.
4/93 Razin, Assaf & Sadka, Efraim. Interactions between
international migration and international trade: positive
and normative aspects. 50p.
6/93 Byg, Torkild. Simultaneous bargaining with two potential
partners. 30p.
5/93 Coe, David T. & Helpman, Elhanan. International R & D
spillovers. 37p.
8/93 Fershtman, Chaim, Murphy, Kevin M. & Weiss, Yoram. Social
status, education and growth. 37p.
10/93 Fishelson, Gideon. Political events and economic trends:
the effects of the Intifada on the Israeli economy. 17p.
9/93 Gandal, Neil & Rockett, Katharine. Licensing a sequence of
innovations. 20p.
PAGE 104
TEL-AVIV UNIVERSITY. Sackler Institute of Economic Studies.
13/92 Hercowitz, Zvi. Macroeconomic implications of investment
specific technological change. 45p.
12/92 Schwartz, Abba. Seniority, tenure and the efficiency wage
paradigm. 26p.
14/92 Ben-Porath, Elchanan. Rationality, Nash equilibrium and
backward induction in perfect information games. 41p.
3/93 Church, Jeffrey & Gandal, Neil. Equilibrium foreclosures
and complementary products. 32p.
1/93 Cukierman, Alex, Kiguel, Miguel A. & Leiderman, Leonardo.
The choice of exchange rate bands: balancing credibility and
flexibility. 67p.
2/93 Razin, Assaf. The dynamic-optimizing approach to the
current account: theory and evidence. 37p.
4/93 Bufman, Gil & Leiderman, Leonardo. Israel's stabilization:
some important policy lessons. 68p.
6/93 Byg, Torkild. Contracts under non-verifiability. 27p.
7/93 Fershtman, Chaim. On the value of incumbency: managerial
reference point and loss aversion. 21p.
10/93 Fershtman, Chaim & Kalai, Ehud. Unobserved delegation.
20p.
9/93 Glazer, Jacob & Rubinstein, Ariel. Simplicity of solution
concepts: subgame perfect equilibrium in extensive games vs.
iteratively undominated strateg. 19p.
5/93 Hochman, Oded & Pines, David. Tiebout setup as a system of
spatial clubs agglomeration. 47p.
8/93 Karni, Edi & Zilcha, Itzhak. Technological progress and
income inequality: a model with human capital and bequest.
20p.
12/93 Hercowitz, Zvi, Kantor, Nirit & Meridor, Leora R.
Immigration and growth under imperfect capital mobility: the
case of Israel. 28p.
11/93 Horn, Henrik & Shy, Oz. Local services and international
market integration. 17p.
14/93 Rubinstein, Ariel. Why are linear orderings so common in
natural language?. 19p.
13/93 Schwartz, Abba & Gotlibivski, Menachem. The evolution of
wage and employment in the Israeli economy, 1986-1991. 43p.
UNIVERSITY OF TOKYO. Faculty of Economics.
9211 Chu, Wujin & Nishimura, Kiyohiko. The effect of price
rigidity on the intensity of price versus service quality
competition. 34p.
9216 Fujimoto, Takahiro. What do you mean by automation ratio?:
definitions by the Japanese auto makers. 8p.
9215 Fujimoto, Takahiro. Why do Japanese companies automate
assembly operations?: a survey in the auto industry. 26p.
9217 Fujimoto, Takahiro, Nishiguchi, Toshihiro & Sei, Shoichiro.
Direct investment of Japanese automakers in Europe. 50p.
9213 Iwami, Toru. The Bretton Woods system as a gold exchange
standard. 57p.
PAGE 105
9212 Kunitomo, Naoto. Long-memory and geometric Brownian motion
in security market models. 26p.
9214 Miwa, Yoshiro. Policies for small business in Japan. 50p.
9218 Negishi, Takashi. Smith's numerical examples of division of
labor. 19p.
9210 Yoshikawa, Hiroshi. A Keynesian model of economic growth.
49p.
93-3 Fujimoto, Takahiro. Comparing performance and organization
of product development across firms, regions and industries:
the applicabili. 33p.
93-4 Horiuchi, Akiyoshi & Sui, Qing-yuan. Influence of the Japan
Development Bank loans on corporate investment behavior.
42p.
93-2 Kandori, Michihiro & Rob, Rafael. Bandwagon effects and
long run technology choice. 30p.
93-1 Negishi, Takashi. Procrustean beds for Adam Smith. 21p.
93-7 Ihori, Toshihiro. Public policy and economic growth: Japan
and the United States. 32p.
93-5 Ishikawa, Tsuneo. Inter-industry and firm size differences
in job satisfaction among Japanese workers. 49p.
93-6 Miwa, Yoshiro. Organizations, networks, and network
organizations. 35p.
93-8 Negishi, Takashi. Introduction to collected essays. 53p.
93-9 Okuno-Fujiwara, Masahiro & Yanagawa, Noriyuki. Optimal
delegation of authority in organizations. 28p.
9313 Fujimito, Takahiro. Strategies for assembly automation in
the automobile industry. 32p.
9312 Horiushi, Akiyoshi. Financial structure and managerial
discretion in the Japanese firm: an implication of the surge
of equity-related b. 44p.
9311 Ishikawa, Tsuneo. On the two conceptualizations of human
investment. 29p.
9310 Ishikawa, Tsuneo & Dejima, Takahisa. Measuring the extent
of duality in the Japanese labour market. 56p.
UNIVERSITY OF TORONTO. Department of Economics.
9209 Baker, Michael. Growth rate heterogeneity and the
covariance structure of life cycle earnings. 41p.
9213 Baker, Michael & Benjamin, Dwayne. The performance of
immigrants in the Canadian labor market. 46p.
9212 Denny, Michael. Comparing productivity growth and levels in
U.S. manufacturing industries. 22p.
9211 Epstein, Larry G. & Wang, Tan. Intertemporal asset pricing
under Knightian uncertainty. 56p.
9214 Fuss, Melvyn A. Productivity growth in Canadian
telecommunications. 32p.
9216 Fuss, Melvyn, Murphy, Stephen & Waverman, Leonard. The
state of the North American and Japanese motor vehicle
industries: a partially calibrated model to examine the .
42p.
9215 Nowlan, David M. Optimal pricing of urban trips with budget
restrictions and distributional concerns. 27p.
9303 Aivazian, Varouj A. & Berkowitz, Michael K. Production
flexibility and corporate capital structure. 29p.
PAGE 106
9306 Baker, Michael & Benjamin, Dwayne. The receipt of transfer
payments by immigrants to Canada. 52p.
9307 Baker, Michael, et al. The distribution of the male/female
earnings differential: 1970-1990. 47p.
9302 Mintz, Jack M. & Tsiopoulos, Thomas. On the effectiveness
of corporate tax incentives for foreign investment in the
presence of tax crediting: an applic. 36p.
9304 Wooders, Myrna H. The attribute core, core convergence, and
small group effectiveness: the effects of property
rights.... 37p.
9301 Wooders, Myrna H. Convergence of the core to competitive
outcomes in economies with public goods. 43p.
9305 Wooders, Myrna H. On large games with effective small
groups and substitution: the market-game property. 26p.
UNIVERSITY OF TSUKUBA. Institute of Socio-Econ Planning.
537 Ito, Masaru, Saijo, Tatsuyoshi & Une, Masashi. The tragedy
of the commons revisited. 12p.
520 Saijo, Tatsuyoshi & Nakamura, Hideki. The `spite' dilemma
in voluntary contribution mechanism experiments. 18p.
502 Saijo, Tatsuyoshi & Tatamitani, Yoshikatsu. Characterizing
neutrality in the voluntary contribution mechanism. 29p.
538 Saijo, Tatsuyoshi, Tatamitani, Yoshikatsu & Yamato,
Takehiko. Toward natural implementation. 46p.
526 Shikano, Yoshiaki. Monetary policy and financial stability.
24p.
509 Shirakawa, Hiroshi. Optimal consumption and portfolio
selection with incomplete markets and upper and lower bound
constraints. 33p.
540 Shirakawa, Hiroshi & Kassai, Hiromichi. Optimal consumption
and arbitrage in incomplete, finite state security markets.
26p.
500 Tatamitani, Yoshikatsu. Coalitional formation in games of
fair division. 13p.
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
93-2 Froeb, Luke M., Koyak, Robert A. & Werden, Gregory J. What
is the effect of bid-rigging on prices?. 4p.
9210 Gramlich, Fred. Mergers that substantially lessen
competition: a benefit-cost approach to merger enforcement.
14p.
93-1 Hay, George A. & Werden, Gregory J. Horizontal mergers:
law, policy, and economics. 11p.
93-3 Nye, William W. Some economic issues in licensing of music
performance rights: controversies in recent ASCAP-BMI
litigation. 7p.
92-9 Ordover, Janusz A. & Pittman, Russell W. Competition
policies for natural monopolies in a developing market
economy. 13p.
93-7 Alexander, Cindy R. & Reiffen, David. Vertical contracts as
strategic commitments. 17p.
93-9 Brennan, Timothy J. Is cost-of-service regulation worth the
cost?. 12p.
PAGE 107
93-5 Froeb, Luke M., Werden, Gregory J. & Tardiff, Timothy J.
The Demsetz postulate and the effects of mergers in
differentiated products industries. 10p.
93-8 Kodres, Laura E. & O'Brien, Daniel P. The existence of
Pareto superior price limits. 15p.
93-6 Malueg, David A. & Schwartz, Marius. Parallel imports,
demand dispersion, and international price discrimination.
43p.
9310 Ordover, Janusz A. & Pittman, Russell W. Restructuring the
Polish railway for competition. 6p.
9311 Raskovich, Alex. Vertical control with costly free-riding.
17p.
93-4 Werden, Gregory J. & Froeb, Luke M. The effects of mergers
in differentiated products industries: logit demand and
structural merger policy. 15p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9217 Cazzavillan, Guido. Multiple instantaneous equilibria in a
two-sector neoclassical growth model w/ increasing returns
to scale. 40p.
9218 Rossi, Nicola, Sorgato, Andrea & Toniolo, Gianni. Italian
historical statistics, 1890-1990. 36p.
9302 Martellato, Dino. Single & multiple equilibria in a system
of cities: Beckman, Mills, Henderson, Allen-Sanglier &
Krugman. 46p.
9304 Mossetto, Gianfranco. The economic dilemma of heritage
preservation. 18p.
9305 Mossetto, Gianfranco. Environmental analysis of cultural
changes. 14p.
9309 Cazzavillan, Guido. Public spending, endogenous growth and
endogenous fluctuations. 38p.
9308 Medio, Alfredo & Negroni, Giorgio. Chaotic dynamics in
overlapping generations models with production. 67p.
9312 Busetto, Francesca. Why the non-tatonnement line of
research died out. 28p.
9311 Cazzavillan, Guido. Public capital and economic growth in
European countries: a panel data approach. 22p.
9310 Roson, Roberto & Vianelli, Piero. Developing a
multiregional network CGE model for freight transport
analysis. 21p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9301 Kennedy, Peter W. Equilibrium pollution taxes in open
economies with imperfect competition. 28p.
9217 Nadeau, S. & Strauss, R. Taxation, equity and growth:
exploring the trade off between shareholder dividend tax
relief & higher corporate inc. 28p.
9216 Zhang, Anming. Bonus contracting in oligopolistic markets.
17p.
9303 King, Ian & Welling, Linda. Search, unemployment and
growth. 19p.
9305 Zhang, Anming & Wei, Xin. Competition in airline networks:
the case of constant elasticity demands. 13p.
PAGE 108
9306 Mosk, Carl. Efficiency wage productivity gain: the Japanese
farm household during the interwar period. 30p.
9304 Mosk, Carl. Household economy, productivity and unrest in
rural Japan, 1918-1940. 41p.
UNIVERSITY OF VIENNA. Department of Economics.
9208 Dierker, Egbert & Podczeck, Konrad. The distribution of
consumer's tastes and the quasiconcavity of the profit
function. 24p.
9303 Dierker, Egbert & Podczeck, Konrad. Modelling product
differentiation: an application of the theory of functional
equations. 11p.
9301 Fehr, Ernst, Kirchsteiger, Georg & Riedl, Arno. Gift
exchange and ultimatum in experimental markets. 62p.
9305 Galor, Oded & Stark, Oded. Life expectancy, human capital
formation, and per-capita income. 16p.
9207 Nermuth, Manfred. Different economic theories with the same
formal structure: risk, income inequality, information
structures, etc.. 7p.
9302 Orosel, Gerhard O. Stock market equilibrium when the number
of market participants is random. 30p.
9304 Sorger, Gerhard. Policy functions of strictly concave
optimal growth models. 14p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
250 Chatterjee, Satyajit, Cooper, Russell & Ravikumar, B. Entry
and imperfect competition: multiple equilibria, sunspots,
and cycles. 31p.
251 Davis, Douglas D. & Holt, Charles A. Equilibrium
cooperation in three-person choice of partner games. 24p.
246 David, Douglas D. & Holt, Charles A. Experimental
economics: methods, problems and promise. 42p.
248 Epps, T.W., Pulley, Lawrence B. & Humphrey, David B. The
cost of deposit insurance vs. the frequency of bank
examinations: estimates based on "Soviet" put options. 32p.
249 Epps, T.W., Pulley, Lawrence B. & Humphrey, David B.
Reforming deposit insurance: the equivalence of risk-based
premiums, risk-based capital, and "narrow" banking. 27p.
247 Fischer, R. & Serra, P. Income inequality and choice of
free trade in a model of intraindustry trade. 14p.
252 Glomm, Gerhard & Ravikumar, B. Growth inequality tradeoffs
in a model with public sector R & D. 13p.
254 Brandts, Jordi & Holt, Charles A. Adjustment patterns and
equilibrium selection in experimental signalling games.
31p.
253 Davis, Douglas D. & Holt, Charles A. Market power and
mergers in laboratory markets with posted prices. 33p.
256 Anderson, Simon P., Schmitt, Nicholas & Thisse, J.F. Who
benefits from antidumping legislation?. 29p.
255 Gurmu, Shiferaw. Testing for overdispersion in censored
Poisson regression models. 20p.
257 Chatterjee, Satyajit & Ravikumar, B. Inventories,
production smoothing, and anticipated demand variations.
18p.
PAGE 109
258 Glomm, Gerhard & Ravikumar, B. Endogenous public policy and
multiple equilibria. 13p.
UNIVERSITY OF WARWICK. Department of Economics.
400 Williams, Karel, et al. Japanese manufacturing transplants:
the case for regulation. 20p.
402 Mayer, Colin. Ownership: an inaugural lecture. 39p.
401 Schmid, Frank A. Should bank branching be regulated?:
theory and empirical evidence from four European countries.
25p.
404 Kobayashi, Yoshihiro. The role and significance of Japanese
industrial policy: its estimation and recent issues. 31p.
403 Matsumoto, Gentaro. An inquiry into a deindustrialization
in the U.K.: the transition to a service oriented economy.
40p.
406 Andreoni, James & Bergstrom, Ted. Do government subsidies
increase the private supply of public goods?. 13p.
405 Apps, P.F. & Rees, R. Labour supply household production
and intra-family welfare distribution. 22p.
407 Bordignon, Massimo. On measuring inefficiency with public
goods: an input-oriented approach. 25p.
409 Fraser, Clive D. Welfare maximizing balanced-budget
provision of congestible and excludable jointly-consumed
goods: separating alloc. 22p.
408 Rankin, Neil. Monetary uncertainty in discrete-time
utility-of-money models. 7p.
412 Clark, Derek & Thomas, Jonathan. Policy efficiency in a
model of lobbying and voting. 30p.
410 Conyon, Martin J & Leech, Dennis. Top pay, company
performance and corporate governance. 21p.
411 Crafts, N.F.R. Adjusting from war to peace in 1940's
Britain. 25p.
414 Broadberry, Steve. Technological leadership and
productivity leadership in manufacturing since the
Industrial Revolution: implications. 49p.
413 Cowling, Keith & Sugden, Roger. Behind the market facade:
an assessment and development of the theory of the firm.
33p.
415 Crafts, N.F.R. British economic growth, 1760-1913: a
challenge for new growth theory. 23p.
UNIVERSITY OF WASHINGTON. Institute of Economic Research.
9212 Brock, Philip L. International transfers, the relative
prices of nontraded goods and the current account. 26p.
9210 Engel, Charles & Kletzer, Kenneth M. Distribution of rents
and growth. 29p.
9215 Khalil, Fahad. Auditing without commitment. 22p.
9209 Lawaree, Jacques & Van Audenrode, Marc A. Cost
observations, auditing and limited liability. 7p.
9211 Miyagiwa, Kaz & Ohno, Yuka. Asymmetric information and
dumping. 29p.
9214 Miyagiwa, Kaz & Ohno, Yuka. Voluntary export restraints as
signals. 20p.
PAGE 110
9213 Montgomery, Claire A., Brown, Gardner M. & Adams, Darius M.
The marginal cost of species preservation: the Northern
Spotted Owl. 38p.
9217 Turnovsky, Stephen J. Macroeconomic policies, growth, and
welfare in a stochastic economy. 46p.
9216 Turnovsky, Stephen J. & Okuyama, Toshiyuki. Taxes, housing,
and capital accumulation in a two-sector growing economy.
30p.
9303 Hwang, Hong, Miyagiwa, Kaz & Wong, Kar-yiu. Optimal
technology choice and immiserizing export subsidy. 18p.
9301 Khalil, Fahad & Lawaree, Jacques. Input versus output
monitoring: who is the residual claimant?. 31p.
9302 Kofman, Fred & Lawarree, Jacques. On the optimality of
allowing collusion. 26p.
9306 Brown, Gardner M. & Roughgarden, Jonathan. A metapopulation
model with private property and a common pool. 14p.
9310 Bruce, Neil. Probabilistic death, the annuities market and
Ricardian neutrality. 15p.
9312 Crawford, David L., Pollak, Robert A. & Vella, Francis.
Order and inference in qualitative response models. 34p.
9304 Deolalikar, Anil B. Gender differences in the returns to
schooling and in school enrollment rates in Indonesia. 30p.
9305 Deolalikar, Anil B. & Gaiha, Raghav. What determines female
participation in rural public works?: the case of India's
employment guarantee scheme. 33p.
9308 Dueker, Michael & Startz, Richard. Fractional integration
and cointegration. 34p.
9307 Lawarree, Jacques P. & Van Audenrode, Marc. Optimal
contract, imperfect output observation and limited
liability. 21p.
9309 Miyagiwa, Kaz & Ohno, Yuka. Closing the technology gap
under protection. 29p.
9311 Pollak, Robert A. & Watkins, Susan C. Cultural and economic
approaches to fertility: a proper marriage or a
mesalliance?. 58p.
WASHINGTON UNIVERSITY-ST. LOUIS. Center in Political Economy.
172 Boylan, Richard T. Voting over investment. 26p.
171 Drobak, John N. The courts and slavery in the United
States: property rights and credible commitments. 41p.
170 Gilmour, John B. & Rothstein, Paul. A dynamic model of
loss, retirement, and tenure in the U.S. House of
Representatives. 30p.
169 Rothstein, Paul & Gilmour, John. Term limitation in a
dynamic model of partisan balance. 43p.
173 King, Ronald R. An experimental investigation of
transaction costs. 28p.
174 Olson, Mary. Regulatory agency discretion among competing
industries: inside the FDA. 29p.
176 Schofield, Norman. Existence of a smooth social choice
functor. 64p.
175 Schofield, Norman. The heart of a polity. 76p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
172 Chib, Siddhartha & Greenberg, Edward. Bayes inference in
regression models with ARMA (p,q) errors. 38p.
PAGE 111
173 Felix, David. Suggestions for international collaboration
to reduce destabilizing effects of international capital
mobility on th. 72p.
174 Chib, Siddhartha & Greenberg, Edward. Posterior analysis of
SUR models via Markov chain Monte Carlo. 17p.
176 Barnett, William A. Monetary policy and credibility under
exact monetary aggregation. 22p.
175 Barnett, William A. A perspective on the current state of
macroeconomic theory. 20p.
171 Teets, Walter & Parks, Robert. A simulation investigation
of seemingly unrelated regression as used in accounting
information event studies. 48p.
177 Barnett, William A. & Zhou, Ge. Financial firm's production
and supply-side monetary aggregation under dynamic
uncertainty. 38p.
178 Barnett, William A., Gallant, A. Ronald & Hinich, Melvin.
Detection of nonlinearity and chaos: application to money
stock. 10p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9213 Aiyagari, S. Rao & Peled, Dan. Inequality and capital
accumulation under majority voting taxation. 24p.
9214 Anderson, F.J. Does trade cause firms to specialize?. 18p.
9215 Chung, Tai-Yeong. Efficiency of comparative negligence: a
game theoretic analysis. 19p.
9216 Donald, Stephen G. & Paarsch, Harry J. Identification in
empirical models of auctions. 10p.
9301 Evans, Lewis & Quigley, Neil. What can univariate models
tell us about Canadian economic growth 1870-1985?. 22p.
9302 Laidler, David. Hawtrey, Harvard, and the origins of the
Chicago tradition. 52p.
9303 Praschnik, Jack. The importance of input price shocks for
business cycles in developing economies. 29p.
9307 Agastya, Murali. Multi-layer bargaining situations: a
decision theoretic approach. 25p.
9304 Anderson, F.J. Issues in a natural resources economy. 32p.
9305 Costello, Donna M. & Praschnik, J. Intermediate goods and
the transmission of international business cycles. 35p.
9306 Paarsch, Harry J. & Wang, Gyu Ho. On the choice of
mechanism to sell timber. 23p.
9312 Anderson, F.J. Factor returns, comparative advantage and
market size: some core-periphery results. 36p.
9311 Blomqvist, A.G. & Carter, R.A.L. Is health care really a
luxury?. 29p.
9314 Green, Gordon R. An incomplete information core of a
dynamic economy. 18p.
9309 Hendricks, Kenneth & Paarsch, Harry J. A survey of recent
empirical work concerning auctions. 27p.
9313 Perroni, Carlo. Endogenous growth and the choice of tax
rates. 31p.
9308 Rivard, Brian. Monopolistic competition, increasing returns
and self-fulfilling prophecies. 26p.
9310 Wang, Gyu Ho. Cheap talk and signalling games. 17p.
PAGE 112
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9309 Andreoni, James. Cooperation in public goods experiments:
kindness or confusion?. 23p.
9224 Berkowitz, Daniel. Atavistic dynamics in a two sector
economy. 17p.
9306 Berkowitz, Daniel. Price liberalization and local
resistance: a theory for economies in transition. 24p.
9226 Bernheim, B. Douglas & Scholz, John K. Private saving and
public policy. 56p.
9310 Bollinger, Christopher R. & David, Martin H. Modeling food
stamp participation in the presence of reporting errors.
25p.
9302 Brock, William A. Pathways to randomness in the economy:
emergent nonlinearity and chaos in economics and finance.
43p.
9229 Che, Yeon-Koo. Adverse selection in class action suits.
18p.
9301 Che, Yeon-Koo. "Revolving doors" and optimal tolerance for
agency collusion. 32p.
9307 Gale, Ian L., Hausch, Donald B. & Stegeman, Mark.
Sequential procurement auctions with subcontracting. 54p.
9315 Gale, William G. & Scholz, John K. Intergenerational
transfers and the accumulation of wealth. 28p.
9316 Holmes, Thomas J. The effect of temporary import protection
on future prices. 20p.
9311 Lin, Wen-Ling. Japan's financial deregulation and linkage
of the Gensaki and Euroyen deposit markets. 35p.
9225 Lin, Wen-Ling. On the correlation and predictability of
intraday stock returns in the United States and Japan. 39p.
9227 Ljungqvist, Lars. The role of wage structure as implicit
insurance on human capital in developed versus
underdeveloped countries. 15p.
9314 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
Structural indifference in normal form games. 24p.
9313 Manski, Charles F. What do controlled experiments reveal
about outcomes when treatments vary?. 37p.
9228 Ozaki, Hiroyuki & Streufert, Peter. Nonlinear dynamic
programming for nonlinear stochastic objectives. 16p.
9308 Phelan, Christopher. Labor markets with repeated agency and
one-sided commitment. 21p.
9304 Scholz, John K. Tax progressivity and household portfolios:
descriptive evidence from the surveys of consumer finance.
59p.
9312 Shea, John. Instrument relevance in linear models: a simple
measure. 23p.
9305 Shea, John. Myopia, liquidity constraints, and aggregate
consumption: a simple test. 14p.
9303 Shea, John. Should we test the life-cycle permanent income
hypothesis with food consumption data?. 14p.
WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations)
100 Bhatia, Bela. Lush fields and parched throats: the
political economy of groundwater in Gujarat. 103p.
PAGE 113
102 Endale, Derseh. The Ethiopian famines, entitlements and
governance. 56p.
103 Endale, Derseh. External imbalances, famines and
entitlements: a case study. 62p.
104 Endale, Derseh. Rural markets, food-grain prices and
famines: a study on selected regions in Ethiopia. 28p.
101 Harsanyi, John C. Utilities, preferences and substantive
goods. 44p.
YALE UNIVERSITY. Economic Growth Center.
674 Buiter, Willem H., Corsetti, Giancarlo & Roubini, Nouriel.
Excessive deficits: sense and nonsense in the Treaty of
Maastricht. 87p.
678 Corsetti, Giancarlo. A portfolio approach to endogenous
growth: Eaton's model revisited. 29p.
679 Corsetti, Giancarlo. Taxation and risk-taking once again
(with and without tax revenue disposal). 25p.
680 Hamada, Koichi & Porteous, David. Monetary integration in
historical perspective. 34p.
676 Srinivasan, T.N. & Raut, Lakshmi K. Theories of long-run
growth: old and new. 39p.
677 Unni, Jeemol. Occupational choice and multiple job holding
in rural Gujarat, India. 40p.
675 Yi, Zeng, Schultz, T. Paul & Deming, Wang. An event history
analysis of divorce in China. 34p.
673 Yi, Zeng, et al. Leaving parental home: census-based
estimates for China, Japan, South Korea, U.S., France and
Sweden. 43p.
684 Buiter, Willem H.. Public debt in the USA: how much, how
bad and who pays?. 68p.
688 Cashin, Paul A. Economic growth and convergence across the
seven colonies of Australasia, 1861 - 1991. 63p.
687 Cashin, Paul A. Using data on money stocks to estimate real
colonial GDP in the seven colonies of Australasia 1861-1991.
40p.
685 Goto, Junichi & Hamada, Koichi. Economic preconditions for
the Asian regional integration. 34p.
682 Hamada, Koichi & Sakuragawa, Masaya. Capital flight,
North-South lending, and stages of economic development.
50p.
686 Maglad, Nour Eldin A. Socio-economic determinants of
fertility and child mortality in Sudan. 34p.
683 Malathy, R. Education and women's time allocation to
non-market work in an urban setting of India. 32p.
690 Royalty, Anne B. A comparison of the effects of matching
and search on the wages of men and women. 45p.
689 Royalty, Anne B. Does job matching differ by sex?. 75p.
681 Schultz, T. Paul. Mortality decline in the low income
world: causes and consequences. 12p.
698 Choi, Kang-Shik. Technological change and educational wage
differentials in Korea. 38p.
700 Chua, Hak B. Regional spillovers and economic growth. 40p.
695 Duraisamy, Malathy. Women's choice of work and fertility in
urban Tamil Nadu, India. 28p.
PAGE 114
699 Guinnane, Timothy W. Cooperatives as information machines:
lending practices of German agricultural credit
cooperatives, 1883-1914. 35p.
693 Jatoba, Jorge. The Brazilian family in the labor force,
1978-1988: a study of labor supply. 34p.
697 Ranis, Gustav. Labor markets, human capital and development
performance in East Asia. 59p.
696 Sakuragawa, Masaya. Net worth, credit constraints and
economic development. 52p.
692 Tansel, Aysit. School attainment, parental education and
gender in Cote d'Ivoire and Ghana. 38p.
694 Thomas, Duncan & Currie, Janet. Does Head Start make a
difference?. 45p.
691 Unni, Jeemol. Labor supply decisions of married women in
rural India. 29p.
YORK UNIVERSITY. Department of Economics.
93-4 Elkhafif, Mahmoud A.T. Energy forecasting models,
simulations and price sensitivity: new formulation. 12p.
93-3 Chen, Baizhu & Haug, Alfred. The twin deficits: empirical
evidence for Canada. 15p.
93-1 Gekker, Ruvin. On the incompatibility of different
formulations of individual rights. 23p.
93-2 Haug, Alfred A. Tests for cointegration: a Monte Carlo
comparison. 27p.
93-6 LeBreton, Michel & Weber, Shlomo. Stability of coalition
structures and the principle of optimal partitioning. 22p.
93-5 Shum, Pauline. Corporate taxes and investment horizon.
22p.
93-7 Cohen, Avi J. The mythology of capital or of equilibrium:
the Bohm-Bawerk/Clark controversy. 42p.
9311 Cohen, Avi J. & Spencer, John. Integrating writing across
the curriculum into economics: benefits and costs of taking
the plunge. 25p.
93-8 Haug, Alfred A. Has federal budget deficit policy changed
in recent years?. 24p.
93-9 Sekine, Thomas T. Some thoughts on the current Japanese
recession and world economic order. 20p.
9310 Shum, Pauline. Taxes and capital structure choice: some
Canadian evidence. 45p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
818 Lovasz, Laszlo & Scarf, Herbert E. The generalized basis
reduction algorithm. 0p.
822 Andrews, Donald W.K. & Fair, Ray C. Estimation of
polynomial distributed lags and leads with end point
constraints. 0p.
821 Fair, Ray C. The Cowles Commission approach, real business
cycle theories, and new Keynesian economics. 0p.
824 Sims, Christopher A. Comment by Christopher A. Sims on `To
criticize the critics', by Peter C.B. Phillips. 0p.
823 Sims, Christopher A. Interpreting the macroeconomic time
series facts. 0p.
PAGE 115
828 Geanakoplos, John. Common knowledge. 0p.
827 Kwiatkowski, Denis, et al. Testing the null hypothesis of
stationarity against the alternative of a unit root. 0p.
829 Nordhaus, William D. An optimal transition path for
controlling greenhouse gases. 0p.
825 Phillips, Peter C.B. The long-run Australian consumption
function reexamined: an empirical exercise in Bayesian
inference. 0p.
826 Tobin, James. Money. 0p.
832 Andrews, Donald W.K. Exactly median-unbiased estimation of
first order autoregressive unit root models. 0p.
831 Nordhaus, William D. Lethal model 2: The Limits to Growth
revisited. 0p.
830 Phillips, Peter C.B. Operational algebra and regression
t-tests. 0p.
833 Shiller, Robert J. & Beltratti, Andrea E. Stock prices and
bond yields: can their comovements be explained in terms of
present value models?. 0p.
834 Tobin, James. Price flexibility and output stability: an
old Keynesian view. 0p.
835 Thomson, William & Zhou, Lin. Consistent solutions in
atomless economies. 0p.
837 Andrews, Donald W.K. An introduction to econometric
applications of empirical process theory for dependent
random variables. 0p.
840 Brainard, William C. & Tobin, James. On the
internationalization of portfolios. 0p.
838 Fair, Ray C. Testing macroeconometric models. 0p.
839 Klevorick, Alvin K. The current state of the law and
economics of predatory pricing. 0p.
836 Nordhaus, William D. Rolling the `DICE': an optimal
transition path for controlling greenhouse gases. 0p.
842 Dubey, Pradeep, Sahi, Siddhartha & Shubik, Martin. Repeated
trade and the velocity of money. 0p.
841 Nordhaus, William D. Optimal greenhouse-gas reductions and
tax policy in the "DICE" model. 0p.
845 Andrews, Donald W.K. Tests for parameter instability and
structural change with unknown change point. 0p.
846 Borsch-Supan, Axel & Hajivassiliou, Vassilis A. Smooth
unbiased multivariate probability simulators for maximum
likelihood estimation of limited dependent variable. 0p.
843 Tobin, James. An old Keynesian counterattacks. 0p.
844 Whang, Yoon-Jae & Andrews, Donald W.K. Tests of
specification for parametric and semi-parametric models.
0p.
847 Nordhaus, William D. How much should we invest in
preserving our current climate?. 0p.
848 Scarf, Herbert E. & Shallcross, David F. Shortest integer
vectors. 0p.
852 Abreu, Dilip, Pearce, David & Stacchetti, Ennio.
Renegotiation and symmetry in repeated games. 0p.
850 Choi, In & Phillips, Peter C.B. Testing for a unit root by
frequency domain regression. 0p.
851 Fair, Ray C. Estimating event probabilities from
macroeconometric models using stochastic simulation. 0p.
PAGE 116
849 Fair, Ray C. Inflationary expectations and price setting
behavior. 0p.
853 Fair, Ray C. Testing the rational expecations hypothesis in
macroeconometric models. 0p.
854 Toda, Hiro Y. & Phillips, Peter C.B. The spurious effect of
unit roots on vector autoregressions. 0p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research-Reprints.
150 Kariya, Takeaki & Toyooka, Yasuyuki. Bounds for normal
approximations to the distributions of generalized least
squares predictors & estimators. 0p.
148 Takayama, Noriyuki. How much do public pensions discourage
personal saving and induce early retirement in Japan?. 0p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Reprint Series.
1691 Rivera-Batiz, Luis A. & Romer, Paul M. International trade
with endogenous technical change. 0p.
1690 Romer, Paul M. Increasing returns and new developments in
the theory of growth. 0p.
1771 Gordon, Robert J. Productivity in the transportation
sector. 0p.
1785 Zarnowitz, Victor. What is a business cycle?. 0p.
UNIVERSITY OF STOCKHOLM. Inst. for Int'l. Econ Studies-Reprints.
474 Agell, Jonas & Lommerud, Kjell E. Union egalitarianism as
income insurance. 0p.
473 Lindbeck, Assar. Microfoundations of unemployment theory.
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WASHINGTON UNIVERSITY. CSAB. Formal Publications (Pamphlets).
115 Burham, James B. Changes and challenges: the transformation
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116 Weidenbaum, Murray. Restraining medicine prices: controls
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117 Michaels, Patrick. Global warming: failed forecasts and
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397 Brock, William A. & Kleidon, Allan W. Periodic market
closure and trading volume: a model of intraday bids and
asks. 0p.
398 Brock, William A., Lakonishok, Josef & LeBaron, Blake.
Simple technical trading rules and the stochastic properties
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401 Ljungqvist, Lars. A unified approach to measures of privacy
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YALE UNIVERSITY. Economic Growth Center-Reprint Series.
469 Ranis, Gustav & Stewart, Frances. Rural nonagricultural
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470 Srinivasan, T.N. Saving in the development process. 0p.
467 Thomas, Duncan & Strauss, John. Prices, infrastructure,
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468 Thomas, Duncan. Testing for sectoral differences in child
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473 Evenson, Robert E. Agricultural technology: international
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476 Evenson, Robert E. Patents, R & D, and invention potential:
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474 Schultz, T. Paul. Mortality decline in the low-income
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