New Acquisitions - 1994
PAGE 1
UNIVERSITY OF ADELAIDE. Department of Economics.
94-1 Neal, Penny. Credit rationing and uncertainty:
complementarity in post Keynesian and new Keynesian monetary
economics?. 38p.
STATE UNIVERSITY OF NEW YORK AT ALBANY. Department of Economics.
94-1 Lahiri, Kajal & Wang, Jiazhuo. Interest rate spreads as
predictors of business cycles. 33p.
94-2 Kimura, Fukunari & Talmain, Gabriel. International
commerce, export networks, and general trading companies.
32p.
94-3 Sattinger, Michael. Choice, order statistics, and the
distribution of earnings. 31p.
94-4 Talmain, Gabriel. Exact and approximate solutions to the
problem of precautionary savings. 26p.
UNIVERSITY OF ALBERTA. Department of Economics.
9323 Dahlby, Bev. Progressive taxation and the social marginal
cost of public funds. 36p.
94-1 Sharir, Shmuel. The own-wage effect on labor force
participation rates in empirical studies. 18p.
94-2 Xu, Yingfeng. Trade liberalization in China: a computable
general equilibrium model with Lewis' rural surplus labor.
24p.
94-3 Boothe, Paul. A brief fiscal history of Alberta. 40p.
94-5 Boothe, Paul. Economic, political and institutional
determinants of government spending. 22p.
94-7 Boothe, Paul. Economic reality and the perception of budget
makers. 24p.
94-4 Boothe, Paul & Powys-Lybbe, Karrin. Time-consistent
spending data by government department and functional
category: Alberta 1969-1991. 41p.
94-6 Sadanand, Asha B. Bargaining and waiting. 13p.
94-9 Boothe, Paul & Snoddon, Tracy. Fiscal federalism and
strategies for provincial deficit reduction. 23p.
9419 Gupta, Kanhaya. Cambridge theorem, Ricardian equivalence
and government activity. 12p.
9416 Gupta, Kanhaya L. Foreign aid, rational expectations, and
public sector behavior in India. 28p.
9417 Gupta, Kanhaya L. Foreign capital inflows and the
composition of aggregate expenditure in India. 33p.
9414 Gupta, Kanhaya L. Intra-sectoral fungibility of foreign
aid: an alternative framework. 13p.
9413 Gupta, Kanhaya L. Public fiscal behaviour and foreign aid:
some model solutions. 22p.
9415 Gupta, Kanhaya L. Sectoral fungibility of foreign aid:
evidence from India. 30p.
9420 Gupta, Kanhaya L. Tax smoothing and rational expectations:
the Canadian experience. 13p.
9418 Gupta, K.L. & Lensink, R. Banking efficiency and private
investment. 14p.
PAGE 2
9411 Landon, Stuart & Smith, Constance E. Price, quality and
reputation: evidence from the market for Bordeaux wine.
47p.
9410 Lewis, Ted, von Hohenbalken, Balder & Klee, Victor.
L-systems and S-systems newly classified and recognized via
definite common supports. 31p.
94-8 Sharir, Shmuel. Must competition eliminate employer
discrimination in labour markets?. 8p.
9412 Smith, C.E. Government debt and international portfolio
diversification. 28p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9310 Browning, Martin. Dual approaches to utility. 24p.
9309 Subiza, Begona. Numerical representation of acyclic
preferences. 24p.
9313 Herrero, Carmen. Endogenous reference points and the
adjusted proportional solution for bargaining problems with
claims. 18p.
9312 Maestre, Miguel G. Divisionalization in markets with
heterogeneous goods. 26p.
9311 Vega-Redondo, Fernando. On the evolution of cooperation in
general games of common interest. 21p.
9401EC Antolin, Pablo. International migration flows: the case of
Spain (1960-1988). 53p.
9401A Bevia, Carmen. Equal split guarantee solution in economies
with indivisible goods consistency and population
monotonicity. 54p.
9404 Peris, Josep E. & Subiza, Begona. A demand function for
pseudotransitive perferences. 19p.
9402 Vega-Redondo, Fernando. Expectations, drift and volatility
in evolutionary games. 24p.
9403 Vega-Redondo, Fernando. Expectations, institutions, and
growth. 57p.
9404EC Antolin, Pablo. Job search behavior. 39p.
9405EC Antolin, Pablo. Unemployment flows and vacancies in Spain.
68p.
9405 Bevia, Carmen. Fair allocation in a general model with
indivisible goods. 48p.
9409 Corchon, Luis C. Imperfectly competitive markets, trade
unions and inflation: do imperfectly competitive markets
transmit more infla. 27p.
9410 Corchon, Luis C. & Gonzalez-Maestre, Miguel. On the
competitive effects of divisionalization. 32p.
9411 Marco-Gill, M. Carmen. Efficient solutions for bargaining
problems with claims. 36p.
9406 Marhuenda, Francisco & Ortuno-Ortin, Ignacio. Honesty
versus progressiveness in income tax enforcement problems.
31p.
9408 Vasin, Alexander. Stability of mixed equilibria in
interactions between two populations. 19p.
9407 Villar, Antonio. Existence and efficiency of equilibrium in
economies with increasing returns to scale: an exposition.
72p.
PAGE 3
9414 Alepuz, M. Dolores & Urbano, Amparo. Market learning and
price dispersion. 63p.
9413 Peris, Josep E., Sanchez, M. Carmen & Subiza, Begona.
Revealed preference axioms for rational choice on nonfinite
sets. 24p.
9412 Villar, Antonio. Existence and optimality of social
equilibrium with many convex and nonconvex firms. 25p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
115 Cabral, Luis M.B. & Riordan, Michael H. The learning curve,
market dominance and predatory pricing. 51p.
110 Echevarria, C.A. Taxation and age distribution ot
population in a life cycle growth model. 30p.
111 Hart, S. & Mas-Colell, A. Harsanyi values of large
economies: non-equivalence to competitive equilibria. 44p.
114 Henriet, D. & Moulin, H. Traffic cost allocation in a
network. 22p.
113 Le Breton, M. & Truchon, M. Acyclicity and the dispersion
of the veto power. 24p.
112 Lubrano, M., Shadman-Mehta, F. & Sneesens, H.R. Real wages,
quantity constraints and equlibrium unemployment: Belgium,
1955 - 1988. 40p.
116 Kirman, Alan P. Economies with interacting agents. 36p.
117 Martin, Stephen. Oligopoly limit pricing: strategic
substitutes, strategic complements. 51p.
118 Vazquez, Jesus. On intrinsic bubbles in target zone models.
15p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
39 Anagnostaki, Vasiliki & Louri, Helen. Entry and exit from
Greek manufacturing industry: a test of the symmetry
hypothesis. 15p.
43 Andrikopoulos, Andreas A. & Prodromidis, Kyprianos P.
Stylized facts of electoral and partisan cycles in Greece.
21p.
49 Baltas, Nicholas C. Consumer protection in Greece. 12p.
27 Bitros, George C. & Panas, Epaminondas J. Is there an
inflation productivity trade-off?: some evidence from the
manufacturing sector in Greece. 27p.
46 Caraveli, Helen. The perspective of 1992/93 and Greek
agriculture. 26p.
35 Christodoulakis, Nicos, Dimelis, Sophia P. & Kollintzas,
Tryphon. Comparisons of business cycles in Greece and the
EC: idiosyncracies and regularities. 52p.
18 Christodoulakis, Nicos, Kemball-Cook, David & Levine, Paul.
Robust policy rules for G3 policy coordination. 54p.
45 Demopoulos, George D. Stabilization, growth and
participation in the EMS: the case of Greece. 21p.
25 Drocopoulos, Vassilis & Lianos, Theodore P. The persistence
of profits in the Greek manufacturing industry, 1963-1988.
23p.
44 Eberwein, Curtis J. & Kollintzas, Tryphon. A dynamic model
of bargaining in a unionized firm with irreversible
investment. 42p.
PAGE 4
19 Eckstein, Zvi, Foulides, Costas & Kollintzas, Tryphon. On
the many kinds of growth. 47p.
20 Fiorito, Riccardo & Kollintzas, Tryphon. Stylized facts of
business cycles in the G7 from a real business cycle
perspective. 51p.
32 Gatsios, Konstantine & Karp, Larry. Delegation in a general
equilibrium model of a customs union. 17p.
31 Gatsios, Konstantine, Kollintzas, Tryphon & Lagopoulos,
Costas. Solution methods to linear quadratic two stage
dynamic games: an application to the strategic export
subsidy proble. 22p.
38 Hay, Donald & Louri, Helen. Investment in inventories: an
empirical microeconomic model of firm behavior. 18p.
51 Kapopoulos, Panayotis. Debt, deficits and the government's
solvency constraint: the case of Greece, 1958-1990. 25p.
34 Kapopoulos, Panayotis. Disinflation and credibility in
small open European economies in the 1980's: parties,
elections, and the ERM. 29p.
30 Kapopoulos, Panayotis & Lazaretou, Sophia. Modelling the
demand for Greek defense expenditure: an error correction
approach. 21p.
48 Kollintzas, Tryphon. On a test by K.D. West. 30p.
36 Lazaretou, Sophia. Government spending, monetary policies
and exchange rate regime switches: the Drachma in the gold
standard period. 36p.
29 Lazaretou, Sophia. Historical research on monetary and
fiscal policies in Greece: 1833-1914. 36p.
47 Lazaretou, Sophia. Variability of prices, money and real
economic aggregates under different monetary standards:
evidence from Greece. 44p.
42 Lianos, Theodore P. Government deficits and inflation:
evidence from the Greek economy. 16p.
22 Lianos, Theodore P. & Katranidis, Stelios. Modeling the
beef market of the Greek economy. 25p.
37 Magdalinos, Michael A. & Smith, Richard J. Refined
asymptotic comparisons of classical tests for exogeneity.
51p.
26 Miaouli, Natasha. A dynamic model of employment in the
Greek manufacturing. 15p.
41 Miaouli, Natasha. Employment persistence and wage setting
in the Greek labour market. 23p.
21 Miaouli, Natasha. Output, prices and employment in Greek
manufacturing. 23p.
33 Petychaki-Henze, Maria & Prodromidis, Kyprianos. Tools of
economic analysis: some propositions. 29p.
24 Pournarakis, Efthimios. The EC-1992 program and U.S.
international business in the European Community. 27p.
40 Pournakis, Efthimios. Global strategies of multinationals
in the triad and the Japanese case. 23p.
50 Vassilatos, Vanghelis. Optimal factor taxation with tax
evasion. 58p.
52 Vlachou, Andriana. The cost structure of the Greek electric
power generation and its implications for CO2 emissions
reduction policies. 27p.
PAGE 5
23 Vlassis, Minas G. A price leadership - sequential
bargaining model for Greek manufacturing. 35p.
53 Lianos, Theodore & Fountas, Stilianos. Cointegration tests
of the profit-maximizing equilibrium in Greek manufacturing
1958-1991. 24p.
54 Demopoulos, George D. & Prodromidis, Kyprianos P. Fiscal
discipline in the European Monetary Union. 10p.
55 Alexander, Volbert. The Bundesbank's new monetary policy:
strategies, explanations and consequences for European
countries. 18p.
56 Bitros, George C. & Katsoulcos, Yiannis. Mergers in Greece:
costs, benefits, and implications for competition policy.
20p.
58 Prodromidis, Kyprianos & Frangos, Theodore. Public or
private enterprises in the airline industry?. 14p.
57 Vlachou, Andriana, Vassos, Spyros & Andrikopoulos, Andreas.
Searching for least-cost strategies to reduce CO2 emissions
from the electricity sectors. 39p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
253 Breusch, Trevor S. & Robertson, John C. Inference in
multivariate student t models with serial correlation and
dynamic heteroskedasticity. 29p.
255 Engelbrecht-Wiggans, Richard & Menezes, Flavio. Sequential
auctions with continuation costs. 20p.
254 Menezes, Flavio M. Ascending-price multiple object
auctions. 26p.
251 Skeels, Christopher L. & Vella, Francis. The performance of
conditional moment tests in Tobit and probit models. 42p.
252 Skeels, Christopher L. & Vella, Francis. The robustness of
conditional moment tests in Tobit and probit models. 22p.
259 Breusch, T.S., Robertson, J.C. & Welsh, A.H. The
multivariate student t model in robust inference and data
analysis. 22p.
256 Cameron, A. Colin & Windmeijer, Frank A.G. Deviance based
r-squared measures of goodness of fit for generalized linear
models. 12p.
260 Drago, Robert & Garvey, Gerald T. Incentives for helping on
the job: theory and evidence. 29p.
261 Garvey, Gerald T. & Gaston, Noel G. Implicit labor
contracts and the threat of shareholder opportunism: an
equilibrium approach. 28p.
258 Zheng, Joan X. Reputation in international debt
negotiation. 17p.
257 Apps, Patricia, et al. Union wage differentials for manual
workers in Australia. 31p.
264 Grant, Simon & Kajii, Atsushi. Bargaining, boldness and
Nash outcomes. 29p.
263 Grant, Simon & Kajii, Atsushi. A cardinal characterization
of the Rubinstein-Safra-Thomson axiomatic bargaining theory.
21p.
262 Grant, Simon & Quiggin, John. Mark-up pricing equilibria
under uncertainty. 11p.
PAGE 6
267 Eichberger, Jurgen, Grant, Simon & King, Stephen. On fund
manager incentives. 32p.
266 Falvey, Rodney E. & Gemmell, Norman. A formalisation and
test of the factor productivity explanation of international
differences in service prices. 24p.
268 Lau, Sau-Him Paul. Unit roots and cointegration in
endogenous growth models: results and interpretations. 25p.
265 Menezes, Flavio & Monteiro, Paulo K. Sequential asymmetric
auctions with endogenous participation. 17p.
271 Breusch, T.S. & Robertson, J.C. Modelling common linear
dynamics: a critical review. 26p.
272 Fane, George. Foreign debt: externalities and optimal taxes
in an intertemporal model. 15p.
269 Grant, Simon & Kajii, Atsushi. AUSI expected utility: an
anticipated utility theory of relative disappointment
aversion. 22p.
270 Grant, Simon & Quiggin, John. Strategic trade policy under
uncertainty: sufficient conditions for the optimality of ad
valorem, specific, and qua. 32p.
274 Jones, Chris. Rice price stabilisation in Indonesia: an
economic assessment of the changes in risk bearing. 26p.
273 Menezes, Flavio & Monteiro, Paulo K. Existence of
equilibria in Treasury Bill auctions. 9p.
BANCO DE ESPANA. Servicio de Estudios.
9405 Alvarez, Luis J. & Ballabriga, Fernando C. BVAR models in
the context of cointegration: a Monte Carlo experiment.
41p.
9403 Ayuso, J., Haldane, A.G. & Restoy, F. Volatility
transmission along the money market yield curve. 30p.
9411 Bover, Olympia & Estrada, Angel. Durable consumption and
house purchases: evidence from Spanish panel data. 36p.
9412 Vinala, Jose. Building a monetary union in Europe: is it
worthwhile, where do we stand, and where are we going?.
47p.
9414 Escriva, Jose L. & Haldane, Andrew G. The interest rate
transmission mechanism: sectoral estimates for Spain. 63p.
9419 Ayuso, Juan, Perez-Jurado, Maria & Restoy, Fernando. Is
exchange rate risk higher in the E.R.M. after the widening
of the fluctuation bands?. 33p.
9425 Goodhart, Charles & Vinals, Jose. Strategy and tactics of
monetary policy: examples from Europe and the antipodes.
69p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
251 Bacchetta, Philippe & Dellas, Harris. Firm restructuring
and the optimal speed of trade reform. 24p.
248 Burguet, Roberto & Sakovics, Jozsef. Sequential auctions
with supply or demand uncertainty. 21p.
249 Hamilton, Jonathan & Thisse, Jacques F. Differentiated
principals competing for agents: nonlinear pricing in
oligopoly. 28p.
PAGE 7
250 Manove, Michael. Job responsibility, pay and promotion.
30p.
252 Matutes, Carmen, Regibeau, Pierre & Rockett, Katharine.
Optimal patent design and the diffusion of innovations.
44p.
253 Prokop, Jacek, Regibeau, Pierre & Rockett, Katharine E.
Minimum quality standards and novelty requirement in a
one-shot development race. 55p.
211 Aizpurua, Jose & Manresa, Antonio. A decentralized and
informationally efficient mechanism realizing fair outcomes
in economies with public goods. 20p.
239 Alcalde, Jose. Implementation of stable solutions to
marriage problems. 29p.
227 Barbe, Lluis. On the measure and ground of exchange value.
29p.
240 Barros, Pedro P. Multimarket competition in banking, with
application to Portugal. 46p.
234 Barros, Pedro P. Price liberalization and market power in
insurance. 31p.
236 Barros, Pedro P. & Martinez-Giralt, Xavier. Taste for
imports and market integration. 25p.
238 Branco, Fernando. Procurement favoritism and technology
adoption. 30p.
233 Burgos, Albert. Non-conflict solutions in bargaining
problems with non-expected utility preferences. 11p.
210 Caballe, Jordi & Manresa, Antonio. Social rents, interest
rates, and growth. 10p.
235 Da Rocha Alvarez, Jose M. Optimal hierarchies in a joint
production framework. 22p.
220 Gutes, Maite Cabeza. A microeconomic model of class
structure and choice and technology. 35p.
228 Iorio, Karl & Manelli, Alejandro M. Sequential equilibria
and cheap talk in infinite signalling games, part 1:
sequential equilibria. 35p.
229 Iorio, Karl & Manelli, Alejandro M. Sequential equilibria
and cheap talk in infinite signalling games, part 2: cheap
talk. 24p.
247 Macho-Stadler, I., Olivella, P. & Perez Castrillo, D. Tax
amnesties in a dynamic model of tax evasion. 44p.
230 Manelli, Alejandro M. & Vincent, Daniel R. Optimal
procurement mechanisms. 29p.
212 Manresa, Antonio. Evolutionary mechanisms in infinite
horizon pure exchange economies. 24p.
213 Manresa, Antonio. Pareto optimality of competitive
equilibrium in an overlapping gernations model with either
exhaustible resources o. 13p.
237 Marmol, Francesc. Spurious regressions in econometrics for
I(d) stochastic processes. 37p.
231 Martinez-Giralt, Xavier. Intercity competition with
technological differences. 10p.
245 Masso, Jordi. A note on reputation: more on the chain-store
paradox. 40p.
226 Petith, Howard C. Per-capita income change in the presence
of natural resources as the outcome of a balance between
diminishing retur. 29p.
PAGE 8
246 Petith, Howard C. Social structure and resource
limitations: a neo-classical account of the Marxian
revolution. 41p.
BOSTON UNIVERSITY. Department of Economics.
25 Eaton, Jonathan & Eckstein, Zvi. Cities and growth: theory
and evidence from France and Japan. 60p.
27 Bendor, Jonathan, Mookherjee, Dilip & Ray, Debraj.
Aspirations, adaptive learning and cooperation in repated
games. 31p.
26 Eaton, Jonathan. Cross-border banking. 33p.
28 Eaton, Jonathan & Tamura, Akiko. Bilateralism and
regionalism in Japanese and U.S. trade and direct foreign
investment patterns. 44p.
29 Dekle, Robert & Eaton, Jonathan. Agglomeration and the
price of land: evidence from the prefecture. 50p.
30 Eaton, Jonathan & Engers, Maxim. Threats and promises.
30p.
31 Eaton, Jonathan & Kortum, Samuel. International patenting
and technology diffusion. 42p.
32 Ghosh, Parikshit & Ray, Debraj. Cooperation in community
interaction without information flows. 30p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
44 Harris, Christopher. Generalized solutions of stochastic
differential games in one dimension. 75p.
45 Chen, Yongmin & Rosenthal, Robert W. On the use of
ceiling-price commitments. 22p.
46 Gale, Douglas. Equilibria and Pareto optima of markets with
adverse selection. 35p.
47 Ma, Ching-to Albert. Health care payment systems: cost and
quality incentives. 21p.
48 Ma, Ching-to Albert. Noncontractible inputs and health
insurance payments policies. 36p.
49 Cooper, Russell & Ross, Thomas W. Market fragility and
guarantee funds: fundamental and strategic uncertainty.
26p.
50 Ellis, Randall P. & McGuire, Thomas G. Hospital response to
prospective payment: moral hazard, selection, and practice
style effects. 43p.
52 Harris, Christopher. On the rate of convergence of
continuous-time fictitious play. 27p.
51 Riordan, Michael H. & Salant, David J. Exclusion and
integration in the market for video programming delivered to
the home. 24p.
BOSTON UNIVERSITY. Institute for Economic Development.
37 Kortum, Samuel. A model of research, patenting, and
productivity growth. 56p.
41 Lucas, Robert E.B. The impact of structural adjustment on
training needs. 39p.
PAGE 9
40 Lucas, Robert E.B. & Verry, Donald W. Structural adjustment
and income distribution in Malaysia. 39p.
34 Mukherjee, Anindata. The labour markets in Indian villages.
54p.
45 Reddy, J. Mahender. United States investment in India.
41p.
47 Dekle, Robert & Eaton, Jonathan. Agglomeration and the
price of land: evidence from the prefectures. 48p.
48 Eaton, Jonathan & Tamura, Akiko. Bilateralism and
regionalism in Japanese and U.S. trade and direct foreign
investment patterns. 44p.
BROWN UNIVERSITY. Department of Economics.
9316 Galor, Oded & Weil, David N. The gender gap, fertility, and
growth. 28p.
94-5 Bertocchi, Graziella & Wang, Yong. Bayesian learning and
overlapping generations. 26p.
9334 Bertocchi, Graziella & Wang, Yong. The real value of money
under endogenous beliefs. 20p.
9335 Bloch, Francis & Markowitz, Paul. Optimal disclosure delay
in multistage R & D competition. 27p.
9342 Canova, Fabio. Statistical inference in calibrated models.
33p.
9344 Canova, Fabio & Hansen, Bruce E. Are seasonal patterns
constant over time?: a test for seasonal stability. 39p.
9343 Canova, Fabio & Ravn, Morten O. International consumption
risk sharing. 37p.
9336 Carroll, Christopher D. & Weil, David N. Saving and growth:
a reintepretation. 81p.
94-1 Dagan, Nir, Serrano, Roberto & Volij, Oscar. A
non-cooperative view of consistent bankruptcy rules. 37p.
94-2 Galor, Oded & Tsiddon, Daniel. Human capital distribution,
technological progress, and economic growth. 52p.
9337 Gozalo, Pedro L. Nonparametric analysis of Engel curves:
estimation and testing of demographic effects. 33p.
9340 Grossman, Herschel. Political stability, property rights,
and economic prospects in the former Soviet Union. 8p.
9339 Grossman, Herschel I. & Iyigun, Murat. Population increase,
extralegal appropriation, and the end of colonialism. 15p.
9331 Grossman, Herschel I. & Han, Taejoon. Sovereign debt and
consumption smoothing. 7p.
94-3 Schupack, Mark B. The 'new' international trade theory:
review of two books. 11p.
9332 Serrano, Roberto & Yosha, Oved. Decentralized markets with
pairwise meetings: recent developments. 19p.
9341 Serrano, Roberto & Vohra, Rajiv. Non-cooperative
implementation of the core. 19p.
9338 Sopher, Barry & Zapater, Inigo. Communication and
coordination in signalling games: an experimental study.
53p.
9333 Stein, Jerome L. Can the central bank achieve price
stability?. 47p.
94-4 Yosha, Oved. Privatizing multi-product banks. 20p.
PAGE 10
9330 Grossman, Herschel I. & Iyigun, Murat. Extralegal
appropriation and the profitability of colonial investment.
15p.
9329 Yosha, Oved. Risk sharing and competition among financial
intermediaries in a large Cournot Walras economy. 17p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9404 Barnett, Richard C. Hierarchy of market power. 13p.
9401 Barnett, Richard C. A model of smuggling and black markets
in foreign exchange. 32p.
9400 Barnett, Richard C. & Ho, Mun S. Sunspots, currency
substitution, and inflationary finance. 35p.
9403 Harwitz, Mitchell & Lentnek, Barry. A contextual theory of
retail central places on a linear market. 39p.
9402 Holmes, James M., Hutton, Patricia A. & Park, Deog Bae. The
usefulness of model selection criteria in inference testing.
24p.
9405 Anbarci, Nejat. Bargaining with finite number of
alternatives: strategic and axiomatic approaches. 28p.
9407 Holmes, James M., Black, David C. & Dowd, Michael. The
independence of monetary and fiscal policy or is a permanent
budget deficit inflationary?. 16p.
9408 Holmes, James M., Dowd, Michael R. & Black, David C.
Persistence classical involuntary unemployment based on
sufficing behavior. 24p.
9406 Morgan, Peter B. & Cressie, Noel. A comparison of the
cost-efficiencies of the sequential, group-sequential, and
variable-sample size sequential prob. 26p.
9409 Revankar, Nagesh S. & Balestra, P. Exact equivalence in
instrumentasl variable estimation of linear models with
correlated disturbances. 31p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
858 Aleskerov, Fuad & Duggan, John. Functional voting
operators: the non-monotonic case. 31p.
857 Alvarez, R. Michael. The Bayesian voter: the dynamics of
information and learning in a Presidential election
campaign. 37p.
860 Alvarez, R. Michael & Brehm, John. When core beliefs
collide: conflict, complexity, or just plain confusion?.
21p.
854 Bossaerts, Peter & Hillion, Pierre. Testing the mean
variance efficiency of well diversified portfolios in very
large cross sections. 35p.
856 Dubin, Jeffrey A. & Spitzer, Matthew L. Testing minority
preferences in broadcasting. 41p.
869 Niou, Emerson M.S. & Ordeshook, Peter C. Notes on
constitutional change in the ROC: Presidential versus
parliamentary government. 27p.
868 Stefanescu, Anton. Competitive solutions and uniform
competitive solutions for cooperative games. 21p.
867 Chen, Yan & Plott, Charles R. The Groves-Ledyard mechanism:
an experimental study of institutional design. 40p.
PAGE 11
875 Kalai, Ehud & Lehrer, Ehud. Subjective games and
equilibria. 57p.
871 Kollman, Ken, Miller, John H. & Page, Scott E. Political
parties and electoral landscapes. 16p.
870 Ordeshook, Peter C. The spatial analysis of elections and
committees: four decades of research. 30p.
872 Page, Scott E. Covers. 26p.
878 Alvarez, R. Michael & Nagler, Jonathan. Change or
continuity in presidential politics: a multinomial probit
model of candidate choice in the 1992 election. 36p.
863 Cason, Timothy N. & Plott, Charles R. EPA's new emissions
trading mechanism: a laboratory evaluation. 53p.
874 Ledyard, John O., Porter, David & Rangel, Antonio. Using
computerized exchange systems to solve an allocation problem
in project management. 20p.
876 McKelvey, Richard D. & Palfrey, Thomas R. Endogeneity of
alternating offers in a bargaining game. 29p.
883 McKelvey, Richard D. & Palfrey, Thomas R. Quantal response
equilibria for normal form games. 33p.
803 McKelvey, Richard D. & Palfrey, Thomas R. Stationarity and
chaos in infinitely repeated games of incomplete
information. 16p.
864 Palfrey, Thomas R. & Prisbrey, Jeffrey E. Altruism,
reputation, and noise in linear public goods experiments.
31p.
704 Plott, Charles R. & Porter, David P. An experiment with
space station pricing policies. 70p.
866 Plott, Charles R. Market architectures, institutional
landscapes, and testbed experiments. 8p.
880 Shvetsova, Olga. Equilibria with unrestricted entry in
multi member district plurality (SNTV) elections, pt. 1:
theory. 26p.
881 Shvetsova, Olga. Equilibria with unrestricted entry in
multi member district plurality (SNTV) elections, pt. II:
evidence from Taiwa. 32p.
887 Brewer, Paul J. & Plott, Charles R. A binary conflict
ascending price (BICAP) mechanism for the decentralized
allocation of the right to use railroad t. 50p.
879 Cremer, Jacques & Palfrey, Thomas R. In or out?:
centralization by majority vote. 18p.
884 El-Gamal, Mahmoud A. & Palfrey, Thomas R. Economical
experiments: Bayesian efficient experimental design. 24p.
877 Fey, Mark, McKelvey, Richard D. & Palfrey, Thomas R. An
experimental study of constant-sum centipede games. 31p.
865 McKelvey, Richard D. & McLennan, Andrew. The maximal number
of regular totally mixed Nash equilibria. 14p.
889 Saving, Jason. Human capital and legislative outcomes.
18p.
890 Saving, Jason. Welfare magnets, the labor-leisure decision
and economic efficiency. 21p.
896 Kim, Taesung & Ledyard, John O. First best Bayesian
privatization mechanisms. 22p.
894 Niou, Emerson M.S. & Ordeshook, Peter C. Alliances versus
federations: an analysis with military and economic
capabilities distinguished. 20p.
PAGE 12
893 Ordeshook, Peter C. Institutions and incentives: the
prospects for Russian democracy. 17p.
885 Page, Scott E. A bottom-up efficient algorithm for
allocating public projects with positive complementarities.
35p.
895 Polk, Charles W. Subcomponent innovation and moral hazard:
where technological progress meets the division of labor.
32p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
220 Eichengreen, Barry. Perspectives on the Borchardt debate.
35p.
222 Edlin, Aaron S. & Epelbaum, Mario. Rivalrous benefit
taxation: the independent viability of separate agencies or
firms. 39p.
221 Quigley, John M. Explicit test of contingent claims models
of mortgage defaults. 34p.
223 Anderson, Robert M. Convergence of the
Aumann-David-Maschler and Genakoplos bargaining sets. 35p.
224 Anderson, Robert M., Trockel, Walter & Zhou, Lin.
Nonconvergence of the Mas-Colell and Zhou bargaining sets.
16p.
226 Brown, Donald J. & Matzkin, Rosa L. Walrasian comparative
statics. 28p.
227 Hermalin, Benjamin E. & Katz, Michael L. Corporate
diversification and agency. 36p.
225 Hu, Teh-wei, Sung, Hai-yen & Keeler, Theodore E. Tobacco
taxes and the anti-smoking media campaign: the California
experience. 14p.
228 Newey, Whitney K. & Ruud, Paul A. Density weighted linear
least squares. 16p.
231 Eichengreen, Barry & Grossman, Richard S. Debt deflation
and financial instability: two historical explorations.
42p.
230 Eichengreen, Barry. Financing infrastructure in developing
countries: lessons from the railway age. 30p.
229 Eichengreen, Barry. Unemployment and the structure of labor
markets: the long view. 27p.
232 Shannon, Chris. Increasing returns in infinite horizon
economies. 43p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
27 Bardhan, Pranab. The implications of new growth theory for
trade and development: an overview. 17p.
30 Bayoumi, Tamin & Eichengreen, Barry. One money or many?: on
analyzing the prospects for monetary unification in various
parts of the world. 34p.
29 Eichengreen, Barry & Simmons, Beth. International economics
and domestic politics: notes on the 1920's. 24p.
28 Eichengreen, Barry. The reconstruction of the international
economy, 1945-1960. 15p.
31 Frankel, Jeffrey A. Recent changes in the financial systems
of Asian and Pacific countries. 53p.
PAGE 13
32 Eichengreen, Barry. Deja vu all over again: lessons from
the gold standard for European monetary unification. 36p.
33 Frankel, Jeffrey A. The internationalization of equity
markets: introduction. 34p.
36 Frankel, Jeffrey A. Monetary regime choices for a semi-open
economy. 55p.
34 Frankel, Jeffrey, Stein, Ernesto & Wei, Shang-Jin. Trading
blocs: the natural, the unnatural, and the super-natural.
94p.
35 Frankel, Jeffrey A. & Funke, Norbert. A two-country
analysis of international targeting of nominal GNP. 28p.
38 Obstfeld, Maurice. International capital mobility in the
1990s. 74p.
39 Stein, Ernesto & Streb, Jorge. Political stabilization
cycles in high inflation economies. 40p.
38 Bardhan, Pranab. The contributions of endogenous growth
theory to the analysis of development problems: an
assessment. 26p.
40 Bayoumi, Tamim & Eichengreen, Barry. The stability of the
gold standard and the evolution of the international
monetary system. 34p.
43 Eichengreen, Barry. The Bretton Woods system: paradise
lost?. 24p.
42 Eichengreen, Barry & Flandreau, Marc. The geography of the
gold standard. 33p.
41 Eichengreen, Barry. History and reform of the international
monetary system. 34p.
UNIVERSITY OF CALIFORNIA-LOS ANGELES. Department of Economics.
698 Dick, Andrew R. Information, enforcement costs and cartel
stability: an empirical investigation. 44p.
702 Hirshleifer, Jack. The dark side of the force. 22p.
706 Lal, Deepak. India and China: contrasts in economic
liberalization?. 35p.
705 Lal, Deepak. Participation, markets and democracy. 37p.
707 Lal, Deepak. Poverty and development. 41p.
697 Lal, Deepak. Trade blocs and multilateral free trade. 11p.
703 Levine, David K. & Zame, William R. Debt constraints and
equilibrium in infinite horizon economies with incomplete
markets. 36p.
701 Martinelli, Cesar & Tommasi, Mariano. Sequencing of
economic reforms in the presence of political constraints.
21p.
708 Somers, Harold M. Changing the locks on capital gains: a
critique of the new tax provision. 33p.
700 Tommasi, Mariano. The consequences of price instability on
search markets: towards understanding the costs of
inflation. 25p.
699 Tommasi, Mariano. Don't be ignorant: price dispersion is
not a measure of ignorance in the market. 9p.
704 Tommasi, Mariano. High inflation: resource misallocation
and growth effects. 18p.
709 Asea, Patrick K. & Mendoza, Enrique G. The
Balassa-Samuelson model: a general equilibrium appraisal.
45p.
PAGE 14
710 Asea, Patrick K. & Corden, W. Max. The Balassa-Samuelson
model: an overview. 17p.
719 Hoffman, Philip T., Postel-Vinay, Gilles & Rosenthal,
Jean-L.. What do notaries do?: overcoming asymmetric
information in financial markets. 47p.
711 Lal, Deepak. From plan to market: post war evolution of
thought on economic transformation and development. 23p.
716 Lal, Deepak. Labor market insurance and social safety nets
in developing countries. 45p.
717 Lal, Deepak. The role of the public and private sectors in
health financing in developing countries. 50p.
715 Lal, Deepak & Joshi, D.K. From closed to open economy
macroeconomics: the real exchange rate and capital inflows:
India 1981-1994. 49p.
712 Sproul, Michael. The real bills doctrine. 64p.
713 Stanczak, Kazimierz. A benefit of imperfect competition
under price controls. 14p.
714 Stanczak, Kazimierz. Endogenous market power and adjustment
under fixed exchange rates: interpreting the Polish
experience, 1990-1991. 32p.
718 Tommasi, Mariano. Inflation and the informativeness of
prices: microeconomic evidence from high inflation. 41p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9344 Bencivenga, Valerie R., Smith, Bruce D. & Starr, Ross M.
Liquidity of secondary capital markets, capital
accumulation, and the term structure of asset yields. 45p.
9346 Betts, Julian R. Technological change, sectoral shifts and
the distribution of earnings: a human capital model. 33p.
9345 Betts, Julian R. What do students know about wages?: survey
evidence on mechanisms of occupational choice. 19p.
9349 Bollerslev, Tim, Engle, Robert F. & Nelson, Daniel B. ARCH
models. 92p.
9347 Borgers, Tilman & Sarin, Rajiv. Learning through
reinforcement and replicator dynamics. 24p.
9335 Broseta, Bruno. Estimation of a game-theoretic model of
learning: an autoregressive conditional heteroskedasticity
approach. 31p.
9334 Broseta, Bruno. Strategic uncertainty and learning in
coordination games. 50p.
9337 Carson, Richard T. & Mitchell, Robert C. The issue of scope
in contingent valuation studies. 13p.
9336 Carson, Richard T. & Mitchell, Robert C. Sequencing and
nesting in contingent valuation surveys. 30p.
9342 Corradi, Valentina & White, Halbert. Consistent
nonparametric estimation and testing for the variance of a
diffusion from discretely sampled observation. 42p.
9350 d'Aspremont, Claude, Bhattacharya, Sudipto & Gerard-Varet,
Louis A. Knowledge as a public good: efficient sharing and
incentives for development effort. 18p.
9330 Engle, Robert F. & Lee, Gary G.J. Long run volatility
forecasting for individual stocks in a one factor model.
22p.
PAGE 15
9343 Engle, Robert F., Kane, Alex & Noh, Jaesun. Index-option
pricing with stochastic volatility and the value of accurate
variance forecasts. 29p.
9331 Flores de Frutos, Rafael & Pereira, Alfredo M. Public
capital and aggregate growth in the United States: is public
capital productive?. 33p.
9348 Granger, C.W.J. Modelling non-linear relationships between
long-memory variables. 11p.
9338 Granger, C.W.J. & Ding, Zhuanxin. Some properties of
absolute return: an alternative measure of risk. 27p.
9328 Hamilton, James D. & Susmel, Raul. Autoregressive
conditional heteroskedasticity and changes in regime. 42p.
9329 Hamilton, James D. State-space models. 54p.
9356 Levin, Andrew & Lin, Chien-Fu. Unit roots tests in panel
data: new results. 35p.
9333 Machina, Mark J. & Schmeidler, David. Bayes without
Bernoulli: minimal conditions for probabilistically
sophisticated choice. 32p.
9354 Mitchell, Robert C. & Carson, Richard T. Current issues in
the design, administration, and analysis of contingent
valuation surveys. 40p.
9339 Nakagami, Yasuhiro & Pereira, Alfredo. Inflation, housing
taxation, and homeowner mobility. 40p.
9341 Nakagami, Yasuhiro & Pereira, Alfredo. On the budgetary and
efficiency effects of housing taxation in the U.S. 40p.
9332 Noh, Jaesun, Engle, Robert F. & Kane, Alex. A test of
efficiency for the S & P 500 index option market using
variance forecasts. 30p.
9353 Osang, Thomas & Pereira, Alfredo. Export-led growth in a
small open economy. 11p.
9340 Osang, Thomas & Pereira, Alfredo. Import tariffs and growth
in a small open economy. 37p.
9352 Sakata, Sinichi & White, Halbert. An alternative definition
of finite sample breakdown point with applications to
regression model estimators. 46p.
9335 Vahid, Farshid & Engle, Robert F. Non-synchronous common
cycles. 31p.
9351 Werner, Megan & Groves, Theodore. A practical procedure for
public policy decisions: contingent valuation and demand
revelation -- without apology. 43p.
9402 Brueckner, Jan K. & Pereira, Alfredo M. Housing ownership
and the business cycle. 29p.
9407 Carson, Richard T., et al. Contingent valuation and
revealed preference methodologies: comparing the estimates
for quasi-public goods. 47p.
9409 Carson, Richard T., Wilks, Leanne & Imber, David. Valuing
the preservation of Australia's Kakadu conservation zone.
34p.
9416 Dardanoni, Valentino. Income distribution dynamics:
monotone Markov chains make light work. 31p.
9403 Den Haan, Wouter J. Heterogeneity, aggregate uncertainty,
and the short term interest rate: a case study of two
solution techniques. 46p.
94-5 Ding, Zhuanxin & Granger, Clive W.J. Modeling volatility
persistence of speculative returns: a new approach. 31p.
PAGE 16
9401 Franses, Philip H. Multi-step forecast error variances for
periodically integrated time series. 18p.
9408 Machina, Mark J. Two errors in the Allais "impossibility
theorem". 13p.
9414 Ponsati, Clara & Watson, Joel. Multiple issue bargaining
and axiomatic solutions. 28p.
9406 Rauch, James E. Bureaucracy, infrastructure, and economic
growth: theory and evidence from U.S. cities during the
Progressive Era. 35p.
9412 Robles, Jack. Evolution and long run equilibria in
coordination games with summary statistic payoff
technologies. 50p.
9404 Sakata, Shinichi & White, Halbert. Asymptotic properties of
s-estimators for nonlinear regression models with dependent,
heterogeneous processes. 52p.
9411 Sueyoshi, Glenn T. Regression based tests for non-nested
alternatives in grouped duration models. 28p.
9410 Sueyoshi, Glenn T. Semiparametric estimation of generalized
accelerated failure time models with grouped data. 32p.
9413 Watson, Joel. Dominance and equilibrium in alternating
offer bargaining. 27p.
9415 Watson, Joel. Reputation and outcome selection in
supergames. 34p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
11/93 Deacon, Robert T. Deforestation and the rule of law in a
cross-section of countries. 22p.
10/93 Pippenger, John & Steigerwald, Douglas C. Purchasing power
parity, unit roots, and dynamic structure. 18p.
9/93 Qin, Cheng-Zhong & Stuart, Charles. Evolutionary market
equilibrium in Bertrand and Cournot settings. 33p.
12/93 Ramoo, Ratha T. Lessee behavior under a resource rent tax.
23p.
13/93 Garratt, Rod & Qin, Cheng-Zhong. Cores and competitive
equilibria with indivisibilities and lotteries. 15p.
2/94 Garratt, Rod & Marshall, John M. Who should go to college
and how much should they pay?. 20p.
1/94 Stuart, Charles. Corn laws and modern agricultural trade
policy. 39p.
4/94 Gao, Rong. Event risk and the "super poison put" in
corporate bond markets. 34p.
5/94 Newey, Whitney K. & Steigerwald, Douglas G. Consistency of
quasi-maximum likelihood estimators for models with
conditional heteroscedasticity. 10p.
3/94 Silva, Fabio & Sonstelie, Jon. Did Serrano cause a decline
in school spending?. 18p.
7/94 Qin, Cheng-Zhong & Stuart, Charles. Bertrand vs. Cournot:
an answer 100 years later. 20p.
6/94 Sengupta, Jati K. & Okamura, Kumiko. Convergences to steady
state growth: a model for Japan (1965-90). 23p.
8/94 Kolstad, Charles D. Fundamental irreversibilities in stock
externalities. 20p.
11/94 Garratt, Rod. Indivisibilities, gambles and Giffen goods.
13p.
PAGE 17
10/94 Garratt, Rod & Marshall, John M. Optimum college
admissions, taxes, and tuitions when completion is
uncertain. 19p.
9/94 Murphy, Paul. Debt and deforestation in developing
countries. 28p.
14/94 Deacon, Robert T. Deforestation, investment and political
stability. 27p.
13/94 Garratt, Rod & Marshall, John M. Insurable interest,
options to convert and demand for maximums in optimum
property insurance. 20p.
12/94 Garratt, Rod & Marshall, John M. Triage, efficacy of
medical treatment, and optimum health insurance. 20p.
15/94 Sengupta, Jati K. Entropy, efficiency and the productivity
index numbers. 25p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
192 Baliga, Sandeep. Implementation in incomplete information
environments: the use of extensive form games. 41p.
193 Baliga, Sandeep & Serrano, Roberto. Multilateral bargaining
with impefect information. 17p.
188 Dutta, Jayasri & Kapur, Sandeep. Liquidity and financial
intermediation. 44p.
195 Kim, Youngse. Adjustments, evolution and equilibrium
selection in coordination games. 27p.
189 Marimon, Ramon & Sunder, Shyam. Expectations and learning
under alternative monetary regimes: an experimental
approach. 54p.
190 Marimon, Ramon & McGrattan, Ellen. On adaptive learning in
strategic games. 50p.
191 Morris, Stephen. Price bubbles and learning. 15p.
194 Morris, Stephen. Trade and almost common knowledge. 18p.
199 Morris, Stephen. The common prior assumption in economic
theory. 29p.
198 Morris, Stephen. A curious property of belief operators.
10p.
196 Siandra, Eduardo. Optimal mix of pension systems. 16p.
197 Siandra, Eduardo. Partnerships, search, and money. 26p.
BANK OF CANADA. Technical Reports.
67 Maclean, Dinah. The role of house prices in regional
inflation disparities. 59p.
68 Gonzalez-Hermosillo, Brenda. The microstructure of
financial derivatives markets: exchange-traded vs. over the
counter. 67p.
69 Clinton, Kevin & Howard, Donna. From monetary policy
instruments to administered interest rates: the transmission
mechanism in Canada. 48p.
70 White, William R. The implications of the FTA and NAFTA for
Canada and Mexico. 32p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9314 Carter, Michael & Walker, Paul. The nucleolus strikes back.
16p.
PAGE 18
9315 Guender, Alfred V. The output-inflation tradeoff in the
United States: new evidence on the new classical vs. new
Keynesian debate. 34p.
9401 Woodfield, Alan E. Insurance market equilibrium and the
welfare cost of gender-neutral insurance pricing under
alternative regulatory . 39p.
9402 Woodfield, Alan E. Labour market signalling and the welfare
costs of regulated insurance market equilibria under
gender-neutral pricin. 50p.
9403 Guender, Alfred V. The new classical vs the new Keynesian
debate on the output-inflation tradeoff: evidence from four
industrialized c. 22p.
9404 Guender, Alfred V. & Moersch, Mathias. Yield spreads and
real economic activity: the case of New Zealand and
Australia. 34p.
9405 Harrison, Robin & Smith, Aaron. Periodic integration and
cointegration: with applications to the New Zealand
aggregate consumption functions. 29p.
9406 Carter, Michael. Linear programming with Mathematica. 61p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9316 Alvarez, Maria J. Capital budgeting and flexible
manufacturing. 33p.
9343 Costa-Cabral, Celia. Evaluating debt repurchases: what are
alternatives to investment?. 22p.
9342 Estevez, Margarita, et al. A note on representation of
preferences. 9p.
9401 Estrada, Javier. Insider trading: regulation or taxation?.
38p.
9341 Ferreira, Jose L. On the possibility of stable
renegotiation: a note. 14p.
9338 Jensen, Helen & Manrique, Justo. Disaggregated welfare
effects of agricultural price policies in urban Indonesia.
24p.
9337 Jensen, Helen & Manrique, Justo. Estimating demand for food
commodities by income groups in Indonesia. 40p.
9329 Licandro, Omar. Demand uncertainty and unemployment in a
monopoly union model. 15p.
9336 Simpson, James. Spanish agricultural production and
productivity 1890-1936. 43p.
9340 de la Croix, David & Licandro, Omar. Underemployment and
capital irreversibility in a unionized overlapping
generations economy. 17p.
9406 Ruiz-Castillo, Javier. A complete model for welfare
analysis. 36p.
9408 Neumeyer, Pablo A. The efficiency of financial markets with
high inflation. 29p.
9410 Ruiz-Castillo, Javier. The evolution of the standard of
living in Spain: 1973-74 to 1980-81. 45p.
9413 Estrada, Javier. Crime and punishment: an introductory
analysis in a noncooperative framework. 18p.
9417 Ferreira, Jose Luis. Endogenous formation of coalitions in
non-cooperative games. 25p.
PAGE 19
9414 Ladron de Guevara, Antonio, Ortigueira, Salvador & Santos,
Manuel S. Equilibrium dynamics in two-sector models of
endogenous growth. 40p.
9421 Martinez-Legaz, Juan E. & Santos, Manuel S. On expenditure
functions. 23p.
9416 Petrakis, Emmanuel, Rasmussen, Eric & Roy, Santanu. The
learning curve in a competitive industry. 53p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9320 Boyer, Robert. About the role and efficiency of markets:
history, theory and policy in the light of the nineties.
65p.
9319 Boyer, Robert. La grande transformation de l'Europe de
l'est: une lecture regulationniste. 92p.
9322 Burkhart, Oliver. Renegotiation and coalition proof virtual
Nash implementation. 28p.
9318 Corneo, Giacomo & Lucifora, Claudio. Wage formation under
union threat effects: theory and empirical evidence. 36p.
9317 Fagart, Marie-Cecile. Concurrence en contrats,
anti-selection et structure d'information. 32p.
9326 Gourieroux, C. & Peaucelle, I. Agregation de dynamique de
prix et modeles a facteurs a coefficients stochastiques.
29p.
9321 Laskar, Daniel. Unemployment and the decline of trade
between Eastern European countries: a strategic analysis.
52p.
9325 Benassy, Jean-Pascal. Money and wage contracts in an
optimizing model of the business cycle. 14p.
9328 Benassy, Jean-Pascal. Nominal rigidities in wage setting by
rational trade unions. 12p.
9323 Boyer, Robert. How to promote cooperation within
conflicting and divided societies?: some thoughts about the
transformation of ind. 53p.
9329 Florenzano, Monique & Gourdel, Pascal. Incomplete markets
in infinite horizon: debt constraints versus node prices.
29p.
9324 Lordon, Frederic. Endogenous structural change and crisis
in a multiple time-scales growth model: a stylized
formulation of the exhau. 37p.
9330 Petit, P. Employment and technical change. 51p.
9327 Petit, P. Formes de services et modes
d'internationalisation des economies. 31p.
9403 Boyer, Robert. The convergence hypothesis revisited:
globalization but still the century of nations?. 60p.
9402 Boyer, Robert. Wage reform imposed by the state: some
paradoxes in French incomes policies. 46p.
9401 Caillaud, B., Julien, B. & Picard, P. National vs. European
industrial policies: a contract theory approach. 39p.
9408 Clark, Andrew E. & Oswald, Andrew J. Satisfaction and
comparison income. 40p.
9407 Clark, Andrew E., Oswald, Andrew J. & Warr, Peter B. Is job
satisfaction U-shaped in age?. 39p.
9412 Cohen, Daniel & Saint Paul, Gilles. Uneven technical
process of job destruction. 26p.
PAGE 20
9404 Corneo, Giacomo & Jeanne, Olivier. Investing in social
norms. 19p.
9405 Gourieroux, Christian, Monfort, Alain & Tenreiro, C. Kernel
m-estimators: non parametric diagnostics for structural
models. 43p.
9406 Gourieroux, Christian & Monfort, Alain. Testing,
encompassing and simulating dynamic econometric models.
41p.
9409 Younes, Yves. Geo-economie politique de la transformation
de l'economie Americaine, 1975-1990. 116p.
9418 Benassy, Jean-Pascal. Classical and Keynesian features in
macroeconomic models with imperfect competition. 26p.
9416 Demers, Fanny S., Demers, Michael & Schaller, Huntley.
Irreversible investment and costs of adjustment. 39p.
9417 Petit, P. Les modalities de la croissance des services au
Japon. 31p.
9415 Gourieroux, C. & Scaillet, O. Estimation of the term
structure from bond data. 42p.
9414 Gourieroux, C. & Jouneau, F. Multivariate distributions for
limited dependent variable models. 42p.
9411 Canoy, Marcel. Natural monopoly and differential pricing.
19p.
9410 Canoy, Marcel & Waterson, Michael. Tendering, auctions and
preparation costs. 19p.
9413 Loufir, Rahim & Malgrange, Pierre. The long run of
macroeconometric models: the case of MULTIMOD. 21p.
9421 Caillaud, B., Cohen, D. & Jullien, B. Towards a theory of
self restraint. 28p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9310 Bertin, Amy L., Bresnahan, Timothy F. & Raff, Daniel M.G.
Localized competition and the aggregation of plant-level
increasing returns: blast furnances 1929-1935. 43p.
9308 Broadie, Mark & Detemple, Jerome. American capped call
options on dividend paying assets. 29p.
9307 Broadie, Mark & Detemple, Jerome. Bounds and approximations
for American option values. 24p.
9311 Broadie, Mark & Glasserman, Paul. Estimating security price
derivatives using simulation. 25p.
9301 Danthine, Jean-Pierre & Donaldson, John B. Computing
equilibria of non-optimal economies. 47p.
9302 Danthine, Jean-Pierre & Donaldson, John B. Non-Walrasian
economies. 41p.
9305 Edwards, Franklin R. Financial markets and managerial
myopia: making American more competitive. 59p.
9306 Edwards, Franklin R. Financial markets in transition, or
the decline of commercial banking. 69p.
9303 Gali, Jordi. Expectations-driven spatial fluctuations.
26p.
9304 Gali, Jordi. Multiple equilibria in a growth model with
monopolistic competition. 43p.
9309 Lamoreaux, Naomi R. & Raff. Daniel M.G. Business history
from the microeconomic perspective. 34p.
PAGE 21
9406 Beltratti, Andrea, Chichilnisky, Graciela & Heal, Geoffrey.
The green golden rule and sustainable growth. 17p.
9402 Chichilnisky, Graciela. Sustainable development and social
choice. 20p.
9405 Chichilnisky, G., Dutta, J. & Heal, G. Price uncertainty
and derivative securities in general equilibrium. 18p.
9407 Chichilnisky, Graciela, Heal, Geoffrey & Lin, Yun. Chaotic
price dynamics and increasing returns. 15p.
9408 Chichilnisky, Graciela, Heal, Geoffrey & Pagano, Ugo.
Property rights and returns to scale: patents, firms and
market failure. 10p.
9403 Chichilnisky, Graciela, Heal, Geoffrey & Starrett, David.
International emission permits: equity and efficiency. 17p.
9401 Chichilnisky, G., Heal, G.M. & Tsomocos, D.P. Option values
and endogenous uncertainty in ESOPS, MBOS and asset backed
loans. 9p.
9404 Heal, Geoffrey. Valuing the very long run: discounting and
the environment. 12p.
9412 Anderson, Ronald W. & Sundaresan, Suresh. Design and
valuation of debt contracts. 43p.
9409 Broadie, Mark & Detemple, Jerome. The valuation of American
options on multiple assets. 37p.
9411 Chemmanur, Thomas J. & Ravid, S. Abraham. Asyymetric
information, corporate myopia, and implications for capital
gains tax rates. 29p.
9413 Chen, Ming-Jer & Hambrick, Donald C. Speed, stealth, and
selective attack: how small firms differ from large firms in
competitive behavior. 44p.
9410 Harrigan, Kathryn R. Tactics in a mature market: serving
players more effectively. 9p.
9415 Miller, Danny & Chen, Ming-Jer. Nonconformity in
competitive repertoires. 44p.
9416 Miller, Danny & Chen, Ming-Jer. The simplicity of
competitive repertoires: an empirical analysis. 63p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9313 Groth, Christian. Keynesian-monetarist dynamics and the
corridor. 18p.
9312 Vind, Karl. Perfect competition or the core. 21p.
9314 Juselius, Katarina. Do purchasing power parity and
uncovered interest rate parity hold in the long run?: an
example of likelihood infer. 28p.
9316 Schultz, Christian. Polarization and inefficient policies.
24p.
9315 Schultz, Christian. The politics of persuasion when voters
are rational. 21p.
9402 Albaek, Svend & Overgaard, Per B. Uniqueness in two-type
signalling games: finite response sets vs. continuum
response sets. 23p.
9401 Hjertholm, Peter. Developing country debt in the 1990s: is
the crisis over?. 35p.
9404 Albaek, Svend & Overgaard, Per B. Signalling to competing
retailers: receiver discretion and adverse selection. 30p.
PAGE 22
9403 Kongstad, Hans C. Constancy of structural long-run
relations in a cointegrated VAR model of export pricing.
29p.
9405 Schultz, Christian. Reputation for honesty in repeated
games with one long run player. 14p.
9408 Lando, Henrik. The dual class share system and the market
for corporate control. 19p.
9407 Persson, Karl G. Integration and deregulation of European
grain markets, 1500-1900. 46p.
9412 Jacobsen, Hans J. On the foundations of Nash equilibrium.
26p.
9411 Jacobsen, Hans J & Schultz, Christian. Optimal labor
contracts may exhibit wage fluctuations due to wage
discrimination. 23p.
9410 Lando, Henrik. Allocating durable goods through a
first-come rule or through individual ownership. 23p.
9414 Sorensen, Peter B., Pedersen, Lars H. & Nielsen, Soren B.
Taxation, pollution, unemployment and growth: could there be
a "triple dividend" from a green tax reform?. 27p.
9413 Thygesen, Niels. A critical examination of target zones and
reflections on the EMS experience. 27p.
9409 Tranaes, Torben. Unemployment and policy neutrality under
competition. 29p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9310 Christensen, Bent J. & Kiefer, Nicholas M. Inference in
non-linear panel models with partially missing observations:
the case of the equilibrium search model. 30p.
9404 Azariadis, Costas & Smith, Bruce D. Private information,
money and growth: indeterminacy, fluctuations, and the
Mundell-Tobin effect. 48p.
9315 Bencivenga, Valerie B., Smith, Bruce D. & Starr, Ross M.
Liquidity of secondary capital markets, capital
accumulation, and the term structure of asset yields. 45p.
9308 Bencivenga, Valerie R., Smith, Bruce D. & Starr, Ross M.
Transactions costs, technological choice, and endogenous
growth. 25p.
9410 Betts, Caroline M. & Smith, Bruce D. Money, banking, and
the determination of real and nominal exchange rates. 43p.
9414 Bhattacharya, Joydeep, et al. Monetary, fiscal, and bank
regulatory policy in a simple monetary growth model. 37p.
9312 Cho, Myeong-Hyeon. The role of international acquisition
and joint venture in global strategy. 37p.
9402 Christensen, Bent J. & Gupta, Nabanita D. A dynamic
programming model of the retirement behavior of married
couples. 42p.
9319 Christensen, Bent J. Efficiency gains in beta-pricing
models. 14p.
9311 Christensen, Bent J. & Kiefer, Nicholas M. Inferential
separation in the prototypal search model. 19p.
9408 Christensen, Bent J. & Kiefer, Nicholas M. Panel data,
local cuts, and orthogeodesic models. 15p.
9401 FIelds, Gary S. & Ok, Efe A. The meaning and measurement of
economic mobility. 32p.
PAGE 23
9307 Greenwood, Jeremy & Smith, Bruce D. Financial markets in
development, and the development of financial markets. 52p.
9313 Hong, Yongmiao. Consistent specification testing using
optimal nonparametric kernel estimation. 44p.
9320 Hong, Yongmiao. Consistent testing for heteroskedasticity
of unknown form. 35p.
9317 Hong, Yongmiao. Series regression based testing for
composite distributional hypotheses. 24p.
9321 Lau, Man-Lui & Wan, Henry. On the mechanism of catching up.
18p.
9405 Mitra, Tapan. On equilibrium dynamics under externalities
in a model of economic development. 32p.
9316 Mitra, Tapan & Sihag, Asha Ram. Transition dynamics in a
model of endogenous technical change: a discrete-time
analysis. 49p.
9314 Ok, Efe. Fuzzy measurement of income inequality, II: a
class of fuzzy inequality measures. 41p.
9415 Peleg, Bezalel. Effectivity functions, game forms, games,
and rights. 20p.
9406 Peleg, Bezalel & Sudholter, Peter. An axiomatization of
Nash equilibria in economic situations. 10p.
9409 Sargent, Thomas J. & Smith, Bruce D. Gresham laws and their
obverses. 25p.
9407 Schreft, Stacey L. & Smith, Bruce D. Money, banking, and
capital formation. 46p.
9417 Schuler, Richard E. Dynamic price patterns in spatial
oligopolistic markets: the impact of lagged quantity
adjustments. 27p.
9318 Schuler, Richard E. Pricing over space & time with fixed
costs & stock externalities: what natural gas has in common
with high tech, ha. 28p.
9403 Smith, Bruce D. Mischief and monetary history: Friedman and
Schwartz thirty years later. 30p.
9309 Smith, Bruce D. Sectoral employment and cyclical
fluctuations in an adverse selection model. 34p.
9416 Sulganik, Eyal & Zilcha, Itzhak. The value of information:
disadvantageous risk sharing markets. 28p.
9412 Vogelsang, Timothy J. Wald-type tests for determining
breaks in the trend function of a dynamic time series. 62p.
9413 Vogelsang, Timothy J. & Perron, Pierre. Additional tests
for a unit root allowing for a break in the trend function
at an unknown time. 53p.
9418 Yang, Xuelin. Excessive exchange rate volatility and its
damaging effects under extrinsic uncertainty. 29p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1065 Linton, Oliver. Second order approximation in the partially
lineare regression model. 49p.
1066 Pakes, Ariel & Olley, Steven. A limit theorem for a smooth
class of semiparametric estimators. 56p.
1064 Phillips, Peter C.B. Robust nonstationary regression. 48p.
1069 Hardle, Wolfgang & Linton, Oliver. Applied nonparametric
methods. 45p.
PAGE 24
1067 Nordhaus, W.D. Marching to different drummers: coordination
and independence in monetary and fiscal policies. 51p.
1068 Scarf, Herbert E. The allocation of resources in the
presence of indivisibilities. 22p.
1070 Buiter, W.H. & Kletzer, K.M. Ponzi finance, government
solvency and the redundancy or usefulness of public debt.
46p.
1071 Fair, Ray C. Is monetary policy becoming less effective?.
17p.
1072 Shubik, Martin. Financing trade and the price level:
problems with the description of markets, expectations,
money & credit. 19p.
1074 Shiller, Robert J. & Weiss, Allan N. Home equity insurance.
51p.
1073 Tobin, James. Health care reform as seen by a general
economist. 15p.
1075 Gozalo, Pedro & Linton, Oliver. Local nonlinear least
squares estimation using parametric information
nonparametrically. 35p.
1076 Powers, Michael R., Shubik, Martin & Yeo, Shun Tian.
Insurance market games: scale effects and public policy.
26p.
1084 Fair, Ray C. The effect of economic events on votes for
President: 1992 update. 31p.
1077 Andrews, Donald W.K & Ploberger, Werner. Testing for serial
correlation against an ARMA(1,1) process. 27p.
1082 Kitamura, Yuichi & Phillips, Peter C.B. Fully modified IV,
GIVE, and GMM estimators with possibly non-stationary
regressors and instruments. 42p.
1078 Nordhaus, WIlliam D. Do real output and real wage measures
capture reality?: the history of lighting suggests not.
41p.
1079 Nordhaus, William D. Locational competition and the
environment: should countries harmonize their environmental
policies?. 35p.
1083 Phillips, Peter C.B. Model determination and macroeconomic
activity. 86p.
1081 Phillips, Peter C.B. Nonstationary time series and
cointegration: recent books and themes for the future. 15p.
1080 Phillips, Peter C.B., McFarland, James W. & McMahon, Patrick
C. Robust tests of forward exchange market efficiency with
empirical evidence from the 1920s. 30p.
DELTA (Joint Research Unit CNRS-EHESS-ENS), Paris.
9210 Guesnerie, Roger. Alternative tests of the rational
expectations hypothesis in economic dynamical models. 21p.
9209 Guesnerie, Roger. Positive economics and the structure of
tax equilibria. 83p.
9212 Weber, Shlomo. A perfect equilibrium in electoral
competition with entry costs. 30p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
948 Corbett, Jenny & Jenkinson, Tim. The financing of industry,
1970-89: an international comparison. 34p.
PAGE 25
957 Easterly, William, et al. Policy, technology adoption and
growth. 19p.
911 Gylfason, Thorvaldur. Structural adjustment, efficiency,
and economic growth. 15p.
954 Quah, Danny. Convergence empirics across economies with
(some) capital mobility. 67p.
969 Andersen, Torben M. Shocks and the viability of a fixed
exchange rate commitment. 22p.
983 Anderson, Kym & Snape, Richard H. European and American
regionalism: effects on and options for Asia. 30p.
953 Audretsch, David B. & Feldman, Maryann P. Knowledge
spillovers and the geography of innovation and production.
34p.
968 Bayoumi, Tamim. A formal model of optimum currency areas.
25p.
965 Ben-David, Dan & Papell, David H. The great wars, the great
crash, and the unit root hypothesis: some new evidence about
an old stylized fact. 25p.
970 Boltho, Andrea. Convergence, competitiveness and the
exchange rate. 44p.
974 Brunello, Giorgio & Ariga, Kenn. Earnings and seniority in
Japan: a re-appraisal of the existing evidence and a
comparison with the U.K. 36p.
977 Burda, Michael C. Structural change and unemployment in
central and Eastern Europe: some key issues. 19p.
967 Burdett, Kenneth, Coles, Melvyn & Van Ours, Jan. Temporal
aggregation bias in stock-flow models. 10p.
979 Cohen, Daniel & Saint Paul, Gilles. Uneven technical
progress and job destructions. 26p.
973 Eichengreen, Barry. Institutions and economic growth:
Europe after World War II. 58p.
964 Faini, Riccardo & Venturini, Alessandra. Migration and
growth: the experience of Southern Europe. 33p.
955 Katsoulacos, Yannis & Xepapadeas, Anastasios. Environmental
policy under oligopoly with endogenous market structure.
17p.
976 Leamer, Edward E. & Taylor, Mark R. The empirics of
economic growth in previously centrally planned economies.
39p.
946 Marin, Dalia & Schnitzer, Monika. Tying trade flows: a
theory of countertrade. 36p.
972 Norman, George & Thisse, Jean-F. Product variety and
welfare under discriminatory and mill pricing policies.
24p.
975 O Grada, Cormac & O'Rourke, Kevin. Irish economic growth,
1945-88. 60p.
978 von Weizsacker, Robert K. Public pension reform,
demographics, and inequality. 25p.
985 Audretsch, David B. Asymmetric information, agency costs
and innovative entry. 31p.
962 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of customs unions. 53p.
853 Baldwin, Richard. The potential for trade between the
countries of EFTA and Central and Eastern Europe. 31p.
PAGE 26
990 Baldwin, Robert E. & Steagall, Jeffery W.. An analysis of
U.S. International Trade Commission decisions in
antidumping, countervailing duty and safeguard case. 25p.
988 Bayoumi, Tamin & Thomas, Alun. Relative prices and economic
adjustment in the U.S. and E.U.: a real story about European
Monetary Union. 34p.
995 Benabou, Roland. Education, income distribution, and
growth: the local connection. 34p.
651 Bertola, Guiseppe. Models of economic integration and
localized growth. 23p.
993 Chadha, Bankim & Coricelli, Fabrizio. Fiscal constraints
and the speed of transition. 32p.
938 Coles, Melvyn G. & Muthoo, Abhinay. Strategic bargaining
and competitive bidding in a dynamic market equilibrium.
53p.
1004 Corado, Cristina. Textiles and clothing trade with Central
and Eastern Europe: impact on members of the EC. 35p.
996 Correia, Isabel, Neves, Joao C. & Rebelo, Sergio. Business
cycles in a small open economy. 34p.
756 Evans, George & Reichlin, Lucrezia. Information, forecasts
and measurement of the business cycle. 21p.
913 Findlay, Jeanette & Wright, Robert E. Gender, poverty, and
the intra-household distribution of resources. 31p.
848 Grossman, Gene M. Pollution and growth: what do we know?.
37p.
1008 Haaland, Jan I. & Tollefsen, Truls C. The Uruguay Round and
trade in manufactures and services, general equilibrium
simulations of production, trade and . 38p.
1010 Hoekman, Bernard M. & Mavroidis, Petros C. Antitrust-based
remedies and dumping in international trade. 29p.
662 Jappelli, Tullio & Pagano, Marco. Saving, growth and
liquidity constraints. 47p.
992 Katsoulacos, Yannis & Ulph, David. Evaluating welfare
losses under R & D rivalry and product differentiation.
30p.
704 Klemperer, Paul. Competition when consumers have switching
costs: an overview. 41p.
980 Leahy, Dermot & Neary, J. Peter. Learning by doing,
precommitment and infant-industry protection. 32p.
1006 Martin, Carmela & Gali, Jordi. Trade and foreign direct
investment with Central and Eastern Europe: its impact on
Spain. 55p.
774 Minford, Patrick. The political economy of the exchange
rate mechanism. 22p.
767 Minford, Patrick. Time-inconsistency, democracy and optimal
contingent rules. 31p.
1000 Neven, Damien. Trade liberalization with Eastern nations:
how sensitive?. 53p.
987 Padilla, A. Jorge, Bentolila, Samuel & Dolado, Juan J. Wage
bargaining in industries with market power. 20p.
989 Parker, Philip M. & Roller, Lars-Hendrik. Collusive conduct
in duopolies: multimarket contact and cross-ownership in the
mobile telephone industry. 25p.
709 Saint-Paul, Gilles. Productivity growth and the structure
of the business cycle. 42p.
PAGE 27
933 Thisse, Jacques F. & Wildasin, David E. Optimal
transportation policy with strategic locational choice.
17p.
1002 Winters, L. Alan. The liberalization of European steel
trade. 54p.
823 Zeira, Joseph. Informational overshooting, booms and
crashes. 32p.
1027 Acemoglu, Daron. A dynamic model of collusion. 41p.
1026 Acemoglu, Daron. Search in the labour market, incomplete
contracts and growth. 43p.
1019 Barro, Robert J., Mankiw, N. Gregory & Sala-i-Martin,
Xavier. Capital mobility in neoclassical models of growth.
29p.
1029 Bayoumi, Tamim & Eichengreen, Barry. Restraining yourself:
fiscal rules and stabilization. 25p.
1016 Christodoulakis, Nicos M., Kalyvitis, Sarantis C. &
Karamouzis, Nicos V. Efficiency and expectations revisited:
a foreign exchange market with Bayesian players. 52p.
1005 Dimelis, Sophia & Gatsios, Konstantine. Trade with Central
and Eastern Europe: the case of Greece. 58p.
1011 Fujita, Masahisa, Thisse, Jacques-Francois & Zenou, Yves.
FIrm location and job creation in cities. 26p.
1003 Halpern, Laszlo. Comparative advantage and likely trade
pattern of the Central and East European countries. 46p.
1009 Hoekman, Bernard M. & Mavroidis, Petros C. Linking
competition and trade policies in Central and East European
countries. 42p.
1015 Krugman, Paul & Venables, Anthony J. Globalization and the
inequality of nations. 30p.
1035 Melitz, Jacques & Waysand, Claire. The role of government
aid to firms during the transition to a market economy:
Russia, 1992-94. 34p.
1013 Qian, Yingyi & Roland, Gerard. Regional decentralization
and the soft budget constraint: the case of China. 39p.
1024 Sapir, Andre. The Europe agreements: implications for trade
laws and institutions: lessons from Hungary. 27p.
1046 Audretsch, David B. Industrial and trade policies for the
emerging market economies. 46p.
1028 Bayoumi, Tamim A. & McDonald, Ronald. Consumption, income,
and international capital market integration. 31p.
1030 Bayoumi, Tamim A. & McDonald, Ronald. On the optimality of
consumption across Canadian provinces. 25p.
1036 Broadberry, Stephen M. & Wagner, Karin. Human capital and
productivity in manufacturing during the 20th century:
Britain, Germany and the U.S. 48p.
1020 Burda, Michael & Mertens, Antje. Locational competition
versus cooperation in labour markets: an implicit contract
reinterpretation. 36p.
1049 Cadot, Olivier & de Melo, Jaime. France and the Central and
Eastern European countries: adjusting to another
enlargement. 49p.
1017 Csaba, Laszlo. The political economy of trade regimes in
Central Europe. 59p.
1021 Gowers, Robin & Hatton, Timothy J. The origins and early
impact of the minimum wage in agriculture. 33p.
PAGE 28
1040 Honohan, Patrick. Currency board or central bank?: lessons
from the Irish pound's link with sterling, 1928-79. 48p.
1031 Miller, Marcus & Zhang, Lei. Optimal target zones: how an
exchange rate mechanism can improve upon discretion. 22p.
1045 Rauscher, Michael. Trade law and environmental issues in
Central and East European countries. 44p.
1025 Sala-i-Martin, Xavier. A positive theory of social
security. 47p.
1023 Sicsic, Pierre & Wyplosz, Charles. French post-war growth:
from (indicative) planning to (administered) market. 50p.
999 Snower, Dennis J. The low-skill, bad-job trap. 21p.
1022 von Hange, Jurgen & Walz, Uwe. Social security and
migration in an ageing Europe. 28p.
1014 von Weizsacker, Robert K. Educational choice, lifetime
earnings inequality, and conflicts of public policy. 30p.
1033 Widgren, Mika. The relation between voting power and policy
impact in the European Union. 19p.
1058 Aghion, Philippe, Blanchard, Olivier J. & Carlin, Wendy.
The economics of entreprise restructuring in Central and
Eastern Europe. 39p.
1057 Bayoumi, Tamim A. & Masson, Paul R. Fiscal flows in the
United States and Canada: lessons for monetary union in
Europe. 33p.
1048 Coles, Melvyn G. & Smith, Eric. Marketplaces and matching.
23p.
1047 DeGrauwe, Paul. Monetary policies in the EMS: lessons from
the great recessions of 1991-93. 20p.
1054 Dixit, Avinash & Londregan, John. The determinants of
success of special interests in redistributive politics.
27p.
1050 Eichengreen, Barry & Flandreau, Marc. The geography of the
gold standard. 33p.
1061 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles. Is
there a safe passage to EMU?: evidence on capital controls
and a proposal. 41p.
1060 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.
Speculative attacks on pegged exchange rates: an empirical
exploration with special reference to the EMS. 49p.
1052 Gali, Jordi & Zilibotti, Fabrizio. Endogenous growth and
poverty traps in a Cournotian model. 25p.
1055 Gerlach, Stefan & Smets, Frank. Contagious speculative
attacks. 21p.
1062 Grosfeld, Irena. Financial systems in transition: is there
a case for a bank based system?. 33p.
1037 Keuschnigg, Christian & Kohler, Wilhelm. Commercial policy
and dynamic adjustment under monopolistic competition. 43p.
1053 Kostoris, Fiorella P.S. Excesses and limits of the public
sector in the Italian economy: the ongoing reform. 19p.
1059 Lyons, Richard K. & Rose, Andrew K. Explaining forward
exchange bias...intra day. 12p.
1070 Martin, Philippe. A sequential approach to regional
integration: the European Union and Central and Eastern
Europe. 27p.
1032 Rauscher, Michael. Environmental regulation and the
location of polluting industries. 14p.
PAGE 29
1039 Rodrik, Dani. What does the political economy literature on
trade policy (not) tell us that we ought to know?. 59p.
1075 Sala-i-Martin, Xavier. Regional cohension: evidence and
theories of regional growth and convergence. 46p.
1041 Sapir, Andre, Sekkat, Khalid & Weber, Axel A. The impact of
exchange rate fluctuations on European Union trade. 66p.
1051 Svensson, Lars E.O. Estimating and interpreting forward
interest rates: Sweden 1992-94. 47p.
1065 Ulph, Alistair. Strategic environmental policy and
international trade - the role of market conduct. 30p.
1038 Weber, Axel A. Foreign exchange inervention and
international policy coordination: comparing the G-3 and EMS
experience. 63p.
1042 Weber, Axel A. Testing long-run neutrality: empirical
evidence for G7 countries with special emphasis on Germany.
58p.
1034 Winkelmann, Rainer. Apprenticeship and after: does it
really matter?. 25p.
1043 Winters, L. Alan. Who should run trade policy in Eastern
Europe and how?. 43p.
ERASMUS UNIVERSITY. Institute for Economic Research.
9303 Boone, Jan. Economics and duality: can they be separated?.
219p.
9302 Jansen, W.J. & Schulze, Gunther G. Theory-based measurement
of the saving-investment correlation with an application to
Norway. 26p.
9308 Carree, M. & Thurik, R. The dynamics of entry, exit, and
profitability: an error correction approach for the retail
industry. 18p.
9310 Dalen, J.V. & Thurik, R. Pricing differences between
wholesale business types in a small open economy. 24p.
9307 Letterie, W.A. & Swank, O.H. Economic policy, model
uncertainty and elections. 17p.
9306 Lippi, F. & Swank, O.H. Do policy makers' distributional
desires lead to an inflationary bias?. 12p.
9305 Lippi, F. & Swank, O.H. Rational voters, elections and
central banks: do representative democracies need non
representative institutions?. 8p.
9309 Prince, Y. & Thurik, R. Do small firms' price-cost margins
follow those of large firms?. 9p.
UNIVERSITY OF ESSEX. Department of Economics.
426 Chambers, Marcus J. & Nowman, K. Ben. Forecasting with the
almost ideal demand system. 22p.
425 Hildreth, Andrew K.G. & Oswald, Andrew J. Rent-sharing and
wages: evidence from company and establishment panels. 37p.
423 Jafarey, Saqib, Kaskarelis, Yannis & Philippopoulos,
Apostolis. Private investment and the optimal stabilization
of public debt: theory and U.K. evidence. 44p.
424 Keen, Michael & Lahiri, Sajal. The comparison between
destination and origin principles under imperfect
competition. 19p.
PAGE 30
427 Moyes, Patrick & Shorrocks, Anthony F. The impossibility of
a progressive tax structure. 22p.
422 Muthoo, Abjinay. Bargaining in a long-term relationship
with endogenous termination. 42p.
429 Graca, Job, Jafarey, Saqib & Philippopoulos, Apostolis.
Interactions of human and physical capital in a model of
endogenous growth. 40p.
428 Lahiri, Sajal & Raimondos, Pascalis. Is there anything
wrong with tied-aid?. 12p.
432 Bailey, Roy E. & Chambers, Marcus J. A theory of commodity
price fluctuations. 53p.
430 Li, Carmen A. & Seabra, Fernando. Exchange rate uncertainty
and investment in Latin America: an empirical investigation.
43p.
431 Lockwood, Ben, Philippopoulos, Apostolis & Snell, Andy.
Fiscal policy, public debt stabilization and politics:
theory and evidence from the U.S. and U.K. 25p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
102 Canova, Fabio. Price smoothing policies: a welfare
analysis. 18p.
101 Canova, Fabio & Ghysels, Eric. Changes in seasonal
patterns: are they cyclical?. 27p.
9317 Canova, Fabio & Marrinan, Jane. Predicting excess returns
in financial markets. 37p.
9338 Boehlein, Barbara. The impact of product differentiation on
collusive equilibria and multimarket contact. 20p.
9325 Canova, Fabio. Sources and propagation of international
business cycles: common stocks or transmission?. 38p.
9323 Canova, Fabio. Statistical inference in calibrated models.
27p.
9322 Canova, F., Finn, M. & Pagan, A.R. Evaluating a real
business cycle model. 32p.
9332 Canova, Fabio & Ravn, Morten O. International consumption
risk sharing. 31p.
9334 Maravall, Agustin. Unobserved components in economic time
series. 56p.
9328 Martin, Stephen. Vertical product differentiation,
intra-industry trade, and infant industry protection. 8p.
9321 Martin, Stephen & Phlips, Louis. Product differentiation,
market structure and exchange rate passthrough. 27p.
9333 Ravn, Morten O. International business cycles: how much can
standard theory account for?. 42p.
9330 Valbonesi, Paola. Modelling interactions between state and
private sector in a "previously" centrally planned economy.
27p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9311 Griliches, Zvi & Regev, Haim. Firm productivity in Israeli
industry: 1979-1988. 31p.
9402 Angrist, Joshua D. The demand for Palestinian labor. 44p.
9401 Berman, Eli. Help wanted, job needed: estimates of a
matching function from employment service data. 46p.
PAGE 31
9404 Lavy, Victor. The effect of investment subsidies on the
survival of firms in Israel. 45p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9316 Hu, Jie. Excess return, excess volatility, and negative
autocorrelation caused by uncertainty aversion and risk
aversion. 40p.
9315 Madrigal, Vincente & Smith, Stephen D. Vague preferences,
noisy markets, and other parables concerning the
informational role of prices. 20p.
94-4 Chang, Roberto. Bargaining a monetary union. 36p.
94-2 Faust, Jon & Leeper, Eric M. When do long-run identifying
restrictions give reliable results?. 37p.
94-3 Hasan, Iftekhar & Hunter, William C. The income smoothing
hypothesis: an analysis of the thrift industry. 19p.
94-5 Leeper, Eric M. & Sims, Christopher A. Toward a modern
macroeconomic model usable for policy analysis. 45p.
94-1 Palivos, Theodore & Yip, Chong K. Government expenditure
financing in an endogenous growth model: a comparison. 27p.
94-7 Abken, Peter A. Inflation uncertainty and the nominal term
structure: a survey. 38p.
94-8 Abken, Peter A. & Cohen, Hugh. Generalized method of
moments estimation of Heath-Jarrow-Morton models of interest
rate contingent claims. 32p.
9410 Chang, Roberto. Commitments, coordination failures, and
delayed reforms. 34p.
94-6 Cohen, Hugh. Data aggregation and the problem of measuring
a bank's interest rate exposure. 18p.
94-9 Cohen, Hugh & McBeth, Douglas. The effect of tick size on
Treasury auctions. 12p.
9411 Wall, Larry D. & Peterson, David R. Bank holding company
capital targets in the early 1990s: the regulators versus
the markets. 35p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9315 Horvath, Michael T.K. & Watson, Mark W. Testing for
cointegration when some of the cointegrating vectors are
known. 39p.
9314 Watson, Mark W. Vector autoregression and cointegration.
106p.
9317 Friedman, Benjamin M. & Kuttner, Kenneth N. Economic
activity and the short-term credit markets: an analysis of
prices and quantities. 93p.
94-6 Christiano, Lawrence J. & Fisher, Jonas D.M. Algorithms for
solving dynamic models with occasionally binding
constraints. 52p.
94-7 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Identification and the effects of monetary policy
shocks. 44p.
9413 Stock, James H. & Watson, Mark W. Evidence on structural
instability in macroeconomic time series relations. 43p.
9419 Canjels, Eugene & Watson, Mark W. Estimating deterministic
trends in the presence of serially correlated errors. 40p.
PAGE 32
9415 Evans, Charles L. The post-war U.S. Phillips curve: a
comment. 10p.
9414 King, Robert G. & Watson, Mark W. The post-war U.S.
Phillips curve: a revisionist econometric history. 63p.
9417 King, Robert G. & Watson, Mark W. The post-war U.S.
Phillips surve: a revisionist econometric history: response
to Evans and McCallum. 7p.
9416 McCallum, Bennett T. Identification of inflation -
unemployment. 14p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9341 Haslag, Joseph H., Niewswiadomy, Michael & Slottje, D.J.
Are net discount rates stationary?: some further evidence.
10p.
9342 Huffman, Gregory W. On the fluctuations induced by majority
voting. 42p.
9406 Balke, Nathan S. & Wynne, Mark A. The dynamics of
recoveries. 47p.
9401 Becsi, Zsolt & Duca, John V. Adding bond funds to M2 in the
P-star model of inflation. 5p.
9403 Berger, Frank & Phillips, Keith R. The disappearing January
blip and other state employment mysteries. 20p.
9405 Brown, Stephen P.A. & Gruben, William C. Protecting social
interest in free invention. 16p.
9402 Koenig, Evan F. Capacity utilization and the evolution of
manufacturing output: a closer look at the "bounce-back
effect". 17p.
9404 Yucel, Mine & Guo, Shengyi. Energy policy: does it achieve
its intended goals?. 20p.
9407 Dolmas, Jim & Wynne, Mark. Fiscal policy in more general
equilibrium. 34p.
9409 Gould, David & Gruben, William C. The role of intellectual
property rights in economic growth. 35p.
9408 Grosskopf, Shawna, et al. On the political economy of
school deregulation. 31p.
9410 Gruben, William C., Welch, John H. & Gunther, Jeffrey W.
U.S. banks, competition, and the Mexican banking system: how
much will NAFTA matter?. 58p.
9411 Hafer, R.W., Haslag, Joseph H. & Hein, Scott E. Monetary
base rules: the currency caveat. 27p.
9412 Emery, Kenneth M. The information content of the paper-bill
spread. 13p.
9414 Koenig, Evan F. The p* model of inflation revisited. 26p.
9413 Petersen, D'Ann, Phillips, Keith & Yucel, Mine. The role of
tax policy in the boom/bust cycle of the Texas construction
sector. 22p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
4/93 Gunther, Jeffrey W. & Moore, Robert R. Credit conditions
and macroeconomic activity: evidence from Mexico. 19p.
1/94 Barr, Richard S. & Siems, Thomas F. Predicting bank failure
using data envelopment analysis to quantify management
quality. 32p.
PAGE 33
2/94 Moore, Robert R. Bank lending and bank capital: a panel
data assessment of market and accounting values. 31p.
3/94 Ely, David P. & Robinson, Kenneth J. Are stocks a hedge
against inflation?: international evidence using
cointegration analysis. 71p.
4/94 Gunther, Jeffrey W. Changing channels of monetary
transmission: evidence from the home mortgage market. 23p.
FEDERAL RESERVE BANK OF DALLAS. Texas Conference on Monetary Econ.
1/94 Ball, Laurence & Mankiw, N. Gregory. A sticky-price
manifesto. 41p.
2/94 Williamson, Stephen D. Sequential markets and the
suboptimality of the Friedman rule. 36p.
5/94 Christiano, Lawrence J., Eichenbaum, Martin & Evans,
Charles. The effect of monetary policy shocks: evidence
from the flow of funds. 52p.
3/94 Clarida, Richard & Gali, Jordi. Sources of real exchange
rate fluctuations: how important are nominal shocks?. 81p.
4/94 Thomas, Mark A. & Gray, Jo Anna. On leading indicators:
getting it straight. 33p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9313 Chirinko, Robert S. & Schaller, Huntley. Why does liquidity
matter in investment equations?. 46p.
9314 Filardo, Andrew J. Business cycle phases and their
transitional dynamics. 24p.
9315 Golob, John E. Inflation, inflation uncertainty, and
relative price variability: a survey. 42p.
9317 Filardo, Andrew J. The evolution of U.S. business cycle
phases. 199p.
9316 Morgan, Donald P. Bank monitoring mitigates agency
problems: new evidence using the financial covenants in bank
loan commitments. 20p.
9318 Becketti, Sean & Morris, Charles. Reduced form evidence on
the substitutability between bank and nonbank loans. 47p.
94-1 Rush, Mark, Sellon, Gordon & Zhu, Li. The role of the
discount rate in monetary policy. 35p.
9319 Shen, Pu. Pricing bid-ask spreads in common stocks,
liquidity premium and the small firm effect. 30p.
9402 Shen, Pu & Starr, Ross M. Liquidity of the Treasury bill
market and the term structure of interest rates. 29p.
9405 Chirinko, Robert S. Finance constraints, liquidity, and
investment spending: cross-country evidence. 42p.
9404 Clark, Todd E. A comparison of two approaches to measuring
common and idiosyncratic components in sets of time series
variables. 31p.
9403 Engel, Cahrles & Hakkio, Craig S. The distribution of
exchange rates in the EMS. 42p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
165 Jagannathan, Ravi & Wang, Zhenyu. The CAPM is alive and
well. 57p.
PAGE 34
166 McGrattan, Ellen, Rogerson, Richard & Wright, Randall.
Household production and taxation in the stochastic growth
model. 26p.
167 Hansen, Lars P. & Jagannathan, Ravi. Assessing
specification errors in stochastic discount factor models.
40p.