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