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.
493 Aiyagari, S. Rao. A new method for determining the
contribution of technology shocks to business cycles. 29p.
524 Cole, Harold L. & Prescott, Edward C. Valuation equilibria
with clubs. 36p.
SR168 Braun, R. Anton & Evans, Charles L. Seasonality and
equilibrium business cycle theories. 40p.
169 Burdett, Kenneth & Wright, Randall. Two-sided search. 30p.
170 Geweke, John, Keane, Michael & Runkle, David. Alternative
computational approaches to inference in the multinomial
probit model. 44p.
173 Boyd, John H. & Jagannathan, Ravi. Ex-dividend price
behavior of common stocks. 49p.
171 Christiano, Lawrence J. & Fisher, Jonas D.M. Algorithms for
solving dynamic models with occasionally binding
constraints. 54p.
172 Coles, Melvyn & Wright, Randall. Dynamic bargaining theory.
39p.
174 Cole, Harold L. & Prescott, Edward C. Valuation equilibria
with clubs. 38p.
177 Geweke, John F., Keane, Michael P. & Runkle, David E.
Statistical inference in the multinomial multiperiod probit
model. 40p.
178 Kydland, Finn E. & Prescott, Edward C. The computational
experiment: an econometric tool. 28p.
176 McCabe, Kevin A., Mukherji, Arijit & Runkle, David E. An
experimental study of learning and limited information in
games. 56p.
175 Rolnick, Arthur J. & Weber, Warren E. Inflation, money, and
output under alternative monetary standards. 55p.
179 Cole, Harold L. & Kehoe, Patrick J. The role of institution
in reputation models of sovereign debt. 28p.
180 Cole, Harold L., Dow, James & English, William B. Default,
settlement, and signalling: lending resumption in a
reputational model of sovereign debt. 35p.
182 Hansen, Lars P., McGrattan, Ellen R. & Sargent, Thomas R.
Mechanics of forming and estimating dynamic linear
economies. 47p.
181 Keane, Michael P. & Wolpin, Kenneth I. The solution and
estimation of discrete choice dynamic programming models by
simulation and interpolation. 73p.
183 Mercenier, Jean. Nonuniqueness of solutions in applied
general equilibrium models with scale economies and
imperfect competition. 18p.
184 Holmes, Thomas J. & Schmitz, James A. Resistance to
technology and trade between areas. 33p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
87 Mercenier, Jean & Akitoby, Bernardin. On international
general equilibrium reallocation effects of Europe's move to
a single market. 40p.
PAGE 35
88 Greenwood, Jeremy, MacDonald, Glenn M. & Zhang, Guang-Jia.
The cyclical behavior of job creation and job destruction: a
sectoral model. 24p.
89 Hornstein, Andreas & Praschnik, Jack. The real business
cycle: intermediate inputs and sectoral comovement. 44p.
90 Allen, Beth, Dutta, Jayasri & Polemarchakis, Heraklis M.
Equilibrium selection. 19p.
91 Marcet, Albert & Marshall, David A. Solving nonlinear
rational expectations models by parameterized expectations:
convergence to stationary solutions. 56p.
92 Imrohoroglu, Ayse, Imrohoroglu, Selahattin & Joines,
Douglas. The effect of tax-favored reitrement accounts on
capital accumulation and welfare. 34p.
93 De Santis, Giorgio & Imrohoroglu, Selahattin. Stock returns
and volatility in emerging financial markets. 34p.
94 Ambler, Steve & Paquet, Alain. Fiscal spending shocks,
endogenous government spending, and real business cycles.
24p.
FEDERAL RESERVE BANK OF PHILDELPHIA. Economic Research Division.
9325 Sill, Keith. Macroeconomic risk and Treasury Bill pricing:
an application of the FACTOR-ARCH model. 35p.
9327 Voith, Richard. Does city income growth increase suburban
income growth, house value appreciation & population
growth?. 32p.
9326 Zarazaga, Carlos E. Hyperinflations and moral hazard in the
appropriation of seigniorage. 61p.
9330 Chatterjee, Satyajit & Cooper, Russell W. Entry and exit,
product variety and the business cycle. 43p.
9329 Chatterjee, Satyajit & Ravikumar, B. Inventories,
production smoothing, and anticipated demand variations.
19p.
94-2 Mailath, George J. & Mester, Loretta J. A positive analysis
of bank closure. 35p.
94-1 Mester, Loretta J. Efficiency of banks in the Third Federal
Reserve District. 30p.
9328 Shaffer, Sherrill. Market conduct and excess capacity in
banking: a cross-country comparison. 31p.
94-3 Croushore, Dean. The optimal inflation tax when income
taxes distort: reconciling money in the utility function and
shopping-time mo. 21p.
94-4 Fishman, Arthur & Rob, Rafael. The durability of
information, market efficiency, and the size of firms. 27p.
94-2 Berger, Allen N. The relationship between capital and
earnings in banking. 36p.
94-7 Ahmed, Shaghil & Croushore, Dean. The importance of the tax
system in determining the marginal cost of funds. 12p.
94-5 Ahmed, Shaghil & Croushore, Dean. The marginal cost of
funds with nonseparable public spending. 25p.
94-6 McAndrews, James J. & Rob, Rafael. Shared ownership and
pricing in a network switch. 24p.
94-9 Calem, Paul S. & Rizzo, John A. Financing constraints and
investment: new evidence from hospital industry data. 24p.
PAGE 36
9410 Campbell, John Y., Lo, Andrew W. & MacKinlay, A. Craig.
Models of the term structure of interest rates. 47p.
9413 Carlino, Gerald & Mills, Leonard. Convergence and the U.S.
states: a time series analysis. 31p.
9411 Shaffer, Sherrill. Viability of traditional banking
activities: evidence from shifts in conduct and excess
capacity. 24p.
9414 Sill, Keith. Money, output, and the cyclical volatility of
the term structure. 36p.
9412 Zarazaga, Carlos. Revenues from the inflation tax and the
Laffer curve: some preliminary empirical findings for
Argentina and Israel. 30p.
9415 Nakamura, Leonard I. & Lang, William W. Information and
screening in real estate finance: an introduction. 12p.
9416 Shaffer, Sherrill. Evidence of monopoly power among credit
card banks. 25p.
9419 Calem, Paul S. & Nakamura, Leonard I. Branch banking and
the geography of bank pricing. 33p.
9417 Campbell, John Y. & Cochrane, John H. By force of habit: a
consumption-based explanation of aggregate stock market
behavior. 55p.
9418 Shaffer, Sherrill. Chaos, taxes, stabilization, and
turnover. 14p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9341 Berger, Allen N. & Udell, Gregory F. Did risk-based capital
allocate bank credit and cause a credit crunch in the U.S.?.
72p.
9340 Berkovec, James A. & Liang, Nellie J. Selection in failed
bank auction prices: an econometric model of FDIC
resolutions. 51p.
9337 Cole, Rebel A. When are thrifts closed?: an
agency-theoretic model. 38p.
9339 Hannan, Timothy H. & Liang, Nellie J. Bank commercial
lending and the influence of thrift competition. 22p.
9338 Passmore, Wayne & Sparks, Roger. An efficiency model of
deposit pricing and rate rigidity. 31p.
9342 Orphanides, Athanasios, Reid, Brian & Small, David H. The
empirical properties of a monetary aggregate that adds bond
and stock funds to M2. 34p.
94-1 Bartelsman, Eric J & Dhrymes, Phoebus J. Productivity
dynamics: U.S. manufacturing plants. 39p.
94-3 Hall, Alastair R., Rudebusch, Glenn D. & Wilcox, David W.
Judging instrument relevance in instrumental variables
estimation. 25p.
94-7 Baily, Martin N., Bartlesman, Eric J. & Haltiwanger, John.
Downsizing and productivity growth: myth or reality?. 7p.
94-6 Neumark, David & Sharpe, Steven A. Rents and quasi-rents in
the wage structure: evidence from hostile takeovers. 31p.
94-4 Schnure, Calvin D. Debt maturity choice and risk-free
assets: the "clientele effect" and the commercial paper
market. 31p.
94-5 Sharpe, Steven A. & Nguyen, Hien H. Capital market
imperfection and the incentive to lease. 27p.
PAGE 37
9412 Beaulieu, Joe & Mattey, Joe. The effects of general
inflation and idiosyncratic cost shocks on within- commodity
price dispersion: evidence from. 38p.
9414 Collins, Sean S. & Mack, Phillip R. Avoiding runs in money
market mutual funds: have regularity reforms reduced the
potential for a crash?. 30p.
94-8 Hess, Gregory D. & Orphanides, Athanasios. Taxation and
intergenerational transfers with family size heterogeneity:
do parents with more children prefer highe. 28p.
94-9 Kodres, Laura E. The existence and impact of destabilizing
positive feedback traders: evidence from the S&P 500 index
futures market. 42p.
9411 Swamy, P.A.V.B., Akhavein, Jalal D. & Taubman, Stephen B. A
general method of deriving the efficiencies of banks from a
profit function. 42p.
9410 Starr-McCluer, Martha. Health insurance and precautionary
saving. 34p.
9413 Aizcorbe, Ana M. Plant shutdowns, compositional effects,
and procyclical labor productivity: the stylized facts for
auto assembly pl. 21p.
9420 Berger, Allen N. & Davies, Sally M. The information content
of bank examinations. 42p.
9421 Carey, Mark S. Partial market value accounting, bank
capital volatility, and bank risk. 27p.
9418 Gilchrist, Simon G., Bernanke, Ben B. & Gertler, Mark. The
financial accelerator and the flight to quality. 52p.
9416 Helwege, Jean. How long do junk bonds spend in default?.
40p.
9417 Madigan, Brian & Stehm, Jeff. An overview of the secondary
market for U.S. Treasury securities in London and Tokyo.
24p.
9415 O'Brien, James, Orphanides, Athanasios & Small, David.
Estimating the interest rate sensitivity of liquid retail
deposit values. 38p.
9419 Passmore, Wayne & Sharpe, Steven A. Optimal bank portfolios
and the credit crunch. 49p.
9423 Berger, Allen N. & Humphrey, David B. Bank scale economies,
mergers, concentration, and efficiency: the U.S. experience.
35p.
9426 Berger, Allen N., Leusner, John H. & Mingo, John. The
efficiency of bank branches. 53p.
9424 Calomiris, Charles W., Orphanides, Athanasios & Sharpe,
Steven A. Leverage as a state variable for employment,
inventory accumulation, and fixed investment. 34p.
9427 Duffee, Gregory R. On measuring credit risks of derivative
instruments. 46p.
9422 Helwege, Jean & Liang, Nellie. Is there a pecking order?:
evidence from a panel of IPO firms. 26p.
9425 Orphanides, Athanasios. Optimal reform postponement. 10p.
9428 Duffee, Gregory R. Idiosyncratic variation of Treasury Bill
yields. 45p.
9431 McManus, Douglas A. Making the Cobb-Douglas functional form
an efficient nonparametric estimator through localization.
19p.
PAGE 38
9430 McManus, Douglas A. Measuring scale and scope economies in
banking using the localized translog functional form. 31p.
9432 Marquis, Milton H. & Einarsson, Tor. Optimal disinflation
paths when growth is endogenous. 31p.
9433 Marquis, Milton H. & Einarsson, Tor. A real business cycle
model with growth: the role of human capital. 23p.
FEDERAL RESERVE BOARD. International Finance Papers.
461 David, Alexander. Fluctuating confidence and stock market
returns. 51p.
460 Kamin, Steven B. & Ericsson, Neil R. Dollarization in
Argentina. 52p.
459 Swagel, Phillip. Union behavior, industry rents, and
optimal policies. 44p.
464 Ammer, John. Inflation, inflation risk, and stock returns.
41p.
463 Basu, Susanto & Fernald, John G. Are apparent productive
spillovers a figment of specification error?. 36p.
465 Edison, Hali J., Gagnon, Joseph E. & Melick, William R.
Understanding the empirical literature on purchasing power
parity: the post Bretton Woods era. 29p.
462 Faust, Jon & Leeper, Eric M. When do long-run identifying
restrictions give reliable results?. 37p.
466 Brunner, Allen D. The federal funds rate and the
implementation of monetary policy: estimating the Federal
Reserve's reaction functio. 42p.
467 Bryson, Jay H. Fiscal policy coordination and flexibility
under European Monetary Union: implications for
macroeconomic stabilizat. 23p.
468 Edison, Hali J. & Kole, Linda S. European monetary
arrangements: implications for the dollar, exchange rate
variability and credibility. 48p.
470 Helkie, William L., Howard, David H. & Marquez, Jaime.
International economic implications of the end of the Soviet
Union. 27p.
469 Johnson, Karen H. International dimension of European
Monetary Union: implications for the dollar. 28p.
473 Ammer, John & Freeman, Richard T. Inflation targeting in
the 1990s: the experiences of New Zealand, Canada, and the
United Kingdom. 32p.
474 Leahy, Michael P. The dollar as an official reserve
currency under EMU. 44p.
471 Loungani, Prakash & Rush, Mark. The effect of changes in
reserve requirements on investment and GNP. 30p.
475 Marquez, Jaime. The consistency of illusions or the
illusion of constancies: income and price elasticities for
U.S. imports, 1890-1. 22p.
472 Obstfeld, Maurice. International capital mobility in the
1990s. 74p.
476 Lee, Jong-Wha & Swagel, Phillip. Trade barriers and trade
flows across countries and industries. 32p.
477 Galetovic, Alexander. Finance and growth: a synthesis and
interpretation of the evidence. 33p.
PAGE 39
478 Stevens, Guy V.G. & Akbarian, Dara. On risk, rational
expectations, and efficient asset markets. 45p.
479 Brunner, Allan D. & Kamin, Steven B. Determinants of the
1991-93 Japanese recession: evidence from a structural model
of the Japanese economy. 52p.
480 Craig, R. Sean. Who will join EMU?: impact of the Maastrict
convergence criteria on economic policy choice and
performance. 38p.
481 Kaminsky, Graciela L. & Pereira, Alfredo. The debt crisis:
lessons of the 1980's for the 1990's. 31p.
482 Kaminsky, Graciela L. & Klein, Michael. The real exchange
rate and fiscal policy during the gold standard period:
evidence from the United States and Brita. 34p.
484 Ammer, John & Brunner, Allan D. Are banks market timers or
market makers?: explaining foreign exchange trading profits.
38p.
483 Basu, Susanto & Fernald, John C. Constant returns and small
markups in U.S. manufacturing. 26p.
485 Dekle, Robert. Technological progress and endogenous
capital depreciation: evidence from the U.S. and Japan.
33p.
487 Ericsson, Neil R. Conditional and structural error
correction models. 15p.
486 Leahy, Michael P. Bank positions and forecasts of exchange
rate movements. 16p.
488 Faust, Jon & Tryon, Ralph. A distributed block approach to
solving near-block diagonal systems with an application to a
large macroeconometric. 18p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
204 Alexander, Cindy R. & Reiffen, David. Vertical contracts as
strategic commitments. 33p.
206 Ludwick, Richard E. Reversing roles: Stackelberg incentive
contract equilibrium. 20p.
207 Coate, Malcolm B. Merger analysis in the courts. 39p.
HARVARD UNIVERSITY. Institute of Economic Research.
1666 Caplin, Andrew & Leahy, John. Mass layoffs and
unemployment. 25p.
1665 Caplin, Andrew & Leahy, John. Miracle on Sixth Avenue:
information externalities and search. 29p.
1663 Dorfman, Robert. Fisher's "The Rate of Interest" and
Bohm-Bawerk's "Positive Theory of Capital". 19p.
1662 Ellison, Glenn & Ellison, Sara F. A simple framework for
non-parametric specification testing. 40p.
1664 Griliches, Zvi & Cockburn, Iain. Generics and new goods in
pharmaceutical price indexes. 30p.
1661 Ito, Takatoshi. Short-run and long-run expectations of the
Yen/dollar exchange rate. 33p.
1660 Leahy, John V. The connection between optimal stopping
problems and optimal control problems in discrete time.
13p.
PAGE 40
1659 Leahy, John V. & Whited, Toni M. Some empirical evidence on
the relationship between investment and uncertainty. 15p.
1667 Pollack, Harold & Zeckhauser, Richard. Budgets as dynamic
gatekeepers. 41p.
1672 Aghion, Philippe, Hart, Oliver & Moore, John. Improving
bankruptcy procedure. 31p.
1668 Griliches, Zvi. Productivity, R & D, and the data
constraint. 62p.
1673 Johnson, Scott, Pratt, John W. & Zeckhauser, Richard J.
Private truths and public consequences. 27p.
1674 Klibanoff, Peter & Morduch, Jonathan. Decentralization,
externalities, and efficiency. 52p.
1671 Metrick, Andrew & Weitzman, Martin. Patterns of behavior in
biodiversity preservation. 28p.
1669 Morduch, Jonathan. A positive measure of poverty. 9p.
1670 Morduch, Jonathan. Poverty and vulnerability. 11p.
1604A Jorgenson, Dale W. & Wilcoxen, Peter J. Energy, the
environment and economic growth. 121p.
1679 Ades, Alberto F. & Glaeser, Edward L. Evidence on growth,
increasing returns and the extent of the market. 51p.
1677 Ball, Laurence & Mankiw, N. Gregory. A sticky-price
manifesto. 36p.
1681 Glaeser, Edward L. Cities, information and economic growth.
57p.
1680 Glaeser, Edward L. The incentive approach to optimal
taxation: two applications of the Brennan Buchanan approach.
20p.
1678 Glaeser, Edward L & Mare, David C. Cities and skills. 35p.
1682 Houthakker, Hendrik S. Samuelson's conjecture holds for
commodity futures but not for financial futures. 12p.
1676 Imbens, Guido W. & Rubin, Donald B. Causal inference with
instrumental variables. 30p.
1675 Imbens, Guido W. & Rubin, Donald B. On the fragility of
instrumental variables estimators. 21p.
1688 Dorfman, Robert. Austrian and American capital theories: a
contrast of cultures. 27p.
1684 Glaeser, Edward L. & Scheinkman, Jose A. The transition to
free markets: where to begin privatization. 22p.
1683 Shleifer, Andrei. Establishing property rights. 54p.
1686 Shleifer, Andrei & Vishny, Robert W. Politicians and firms.
49p.
1687 Taylor, Alan M. & Williamson, Jeffrey G. Convergence in the
age of mass migration. 50p.
1685 Weinstein, David E. & Yafeh, Yishay. On the costs of a bank
centered financial system: evidence from the changing main
bank relations in Japan. 36p.
1695 Bhagwati, Jagdish & Davis, Donald R. Intraindustry trade
issues and theory. 26p.
1689 Boyco, Maxim, Shleifer, Andrei & Vishny, Robert W. A theory
of privatization. 18p.
1693 Canner, Niko, Mankiw, N. Gregory & Weil, David N. An asset
allocation puzzle. 31p.
1692 Caves, Richard E. Stasis and flux in multinational
enterprises: equilibrium models and turnover processes.
38p.
PAGE 41
1691 Ellison, Glenn & Glaeser, Edward L. Geographic
concentration in U.S. manufacturing industries: a dartboard
approach. 49p.
1694 Mankiw, N. Gregory. My rules of thumb. 16p.
1690 Tornell, Aaron & Lane, Philip. Are windfalls a curse?: a
non-representative agent model of the current account and
fiscal policy. 37p.
HARVARD UNIVERSITY. Inst. for Econ Research-Econ Theory Papers.
1 Krishna, Vijay & Serrano, Roberto. Multilateral bargaining.
18p.
17 Celentani, Marco, et al. Maintaining a reputation against a
patient opponent. 19p.
19 Ellison, Glenn. Basins of attraction and long run
equilibria. 25p.
13 Ellison, Glenn. A little rationality and learning from
personal experience. 40p.
12 Ellison, Glenn & Fudenberg, Drew. Word of mouth
communication and social learning. 42p.
21 Fudenberg, Drew & Levine, David K. Consistency and cautious
fictitious play. 36p.
14 Fudenberg, Drew & Levine, David K. How irrational are
subjects in extensive-form games?. 37p.
20 Fudenberg, Drew & Kreps, David M. Learning in
extensive-form games, II: experimentation and Nash
equilibrium. 57p.
18 Fudenberg, Drew & Tirole, Jean. A theory of income and
dividend smoothing based on incumbency rents. 25p.
3 Hart, Sergiu & Mas-Colell, Andreu. Egalitarian solutions of
large games, I: a continuum of players. 74p.
4 Hart, Sergiu & Mas-Colell, Andreu. Egalitarian solutions of
large games, II: the asymptotic approach. 33p.
7 Hart, Sergiu & Mas-Colell, Andreu. A model of n-person
non-cooperative bargaining. 42p.
5 Hart, Sergiu & Mas-Colell, Andreu. A noncooperative
interpretation of value and potential. 9p.
8 Mas-Colell, Andreu & Zame, William R. The existence of
security market equilibrium with a nonatomic state space.
31p.
2 Mas-Colell, Andreu & Monteiro, Paolo K. Self-fulfilling
equilibria: an existence theorem for a general state space.
19p.
15 Maskin, Eric S. The invisible hand and externalities. 10p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
34 Avenhaus, Rudolf & Zamir, Shmuel. Game theoretical analysis
of material accountancy. 58p.
29 Bar-Hillel, Maya & Budescu, David. The elusive wishful
thinking effect. 44p.
32 Bicchieri, Cristina. Counterfactuals, belief changes and
equilibrium refinements. 41p.
31 Bicchieri, Cristina & Antonelli, Gian Aldo. Game-theoretic
axioms for local rationality and bounded knowledge. 17p.
PAGE 42
33 Reny, Philip J., Winter, Eyal & Wooders, Myrna H. The
partnered core of a game with side payments. 16p.
30 Thuijsman, F., et al. Automata, matching and foraging
behavior of bees. 29p.
38 Agastya, Murali. An evolutionary bargaining model. 21p.
35 Bergman, Yaacov Z. Option pricing with differential
interest rates: arbitrage bands beget arbitrage ovals. 34p.
37 Dagan, Nir, Serrano, Roberto & Volij, Oscar. A
non-cooperative view of consistent bankruptcy rules. 35p.
39 Feinberg, Yossi. Evolutionary selection of an equilibrium.
22p.
36 Hart, Sergiu, Heifetz, Aviad & Samet, Dov. `Knowing
whether,' `knowing that': the cardinality of state spaces.
9p.
43 Dagan, Nir. Consistency, decentralization and the Walrasian
allocation correspondence. 16p.
44 Dagan, Nir. New characterizations of old bankruptcy rules.
18p.
41 Margalit, Avishai. The ethics of second-order beliefs.
17p.
40 Margalit, Avishai & Yaari, Menahem. Rationality and
comprehension. 20p.
42 Pitowsky, Itamar. On the concept of the proof in modern
mathematics. 54p.
48 Balkenborg, Dieter & Winter, Eyal. Minimal epistemic
conditions for backward induction. 20p.
46 Bornstein, G., Erev, I. & Goren, H. The effect of repeated
play in the intergroup public goods and the intergroup
prisoner's dilemma team games. 30p.
50 Dagan, Nir. On the least sacrifice principle in taxation.
23p.
51 Dagan, Nir & Volij, Oscar. Bilateral comparisons and
consistent fair division rules. 21p.
47 Dubey, Pradeep & Neyman, Abraham. An equivalence principle
for perfectly competitive economies. 60p.
45 Granot, D., et al. The kernel nucleolus of a standard tree
game. 27p.
49 Winter, Eyal. Voting and vetoing. 19p.
HEBREW UNIVERSITY. Department of Economics.
277 Sussman, Oren & Zeira, Joseph. Banking and development.
42p.
266 Barkai, Haim. The Methodenstreit and the emergence of
mathematical economics. 30p.
269 Benninga, Simon & Mayshar, Joram. Dynamic wealth
redistribution, trade, and asset pricing. 42p.
268 Yitzhaki, Shlomo. Gini's multiple regressions. 28p.
286 Behrman, Jere R. & Lavy, Victor. Child health and schooling
achievement: causality, association and household
allocations. 30p.
285 Hanushek, Eric A. & Lavy, Victor. Do students care about
school quality?: droupout behavior and achievement bias in
developing countries. 46p.
PAGE 43
287 Lavy, Victor, Newman, John L. & de Vreyer, Philippe. Export
and output supply functions with endogenous domestic prices.
32p.
284 Zeira, Joseph. Workers, machines and economic growth. 29p.
288 Angrist, Joshua D. & Levy, Victor. The effect of a change
in language of instruction on the returns to schooling in
Morocco. 32p.
291 Keren, Michael. The socialist enterprise syndrome, part 1:
socialism and inflexibility. 16p.
289 Lach, Saul. Non-rivalry of knowledge and R & D's
contribution to productivity. 35p.
290 Lach, Saul. Patents and productivity growth at the indutry
level: a first look. 13p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
285 Blumenthal, Tuvia. Labor adjustment policy in Japan. 27p.
282 Fukuda, Shin-ichi. Intrinsic uncertainty and extraneous
uncertainty: sunspot equilibria and periodic cycles under
fundamental shocks. 18p.
283 Kariya, Takeaki & Tsuda, Hiroshi. New bond pricing models
with applications to Japanese data. 30p.
284 Suzumura, Kotaro. Oligopolistic competition and economic
welfare: the effects of ownership structures. 25p.
286 Fukuda, Shin-Ichi & Toya, Hideki. The role of human capital
accumulation for economic growth in East Asian countries.
27p.
288 Fukuda, Shin-Ichi & Sagara, Nobusumi. Near rationality and
sunspot equilibria. 18p.
287 Rebitzer, James B. & Tsuru, Tsuyoshi. The limits of
enterprise unionism: an empirical examination of the causes
of union decline in Japan. 49p.
289 Fukuda, Shin-ichi & Cong, Ji. On the choice of invoice
currency by Japanese exporters: the pricing to market
approach. 27p.
292 Kariya, Takeaki & Konno, Yoshihiko. Double shrinkage
estimators in the GMANOVA model. 16p.
294 Kiyokawa, Yukihiko. Technology choice in the cotton
spinning industry: the switch from mules to ring frames.
34p.
290 Kurata, Hiroshi & Kariya, Takeaki. LUB for the covariance
matrix of a GLSE in regression with applications to an SUR
and a heteroscedastic model. 17p.
291 Odaka, Konosuke. The changing nature of capital formation
in pre modern Japan. 20p.
296 Fukuda, Shin-ichi. Asymmetric information and endogenous
stock price volatility: an asset pricing model of sunspot
equilibria. 19p.
295 Suzumura, Kotaro. Interpersonal comparisons of the extended
sympathy type and the possibility of social choice. 38p.
HOOVER INSTITUTION. Domestic Studies Program.
93-7 Aron, Debra J. Innovation, imitation, technology
differentiation, and the value of information in new
markets. 43p.
PAGE 44
93-8 Brown, Donald J., DeMarzo, Peter M. & Eaves, B. Curtis.
Computing equilibria in the GEI model. 22p.
9310 Hall, Bronwyn H. Industrial research during the 1980's: did
the rate of return fall?. 60p.
93-9 Ricardo-Campbell, Rita, Albright, James A. & Bleck, Eugene
E. Medical care in the United States: an analysis of the
current system and a proposal. 20p.
94-1 Lazear, Edward P. Bait and switch. 18p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
22 Arnason, Ragnar. On catch discarding in fisheries. 23p.
23 Matthiasson, Thorolfur. A dynamic cost sharing model of
remuneration in fisheries. 24p.
24 Matthiasson, Thorolfur. Efficiency in distribution of
quotas in fisheries. 19p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9406 Comte, F. & Renault, E. Long memory continuous time models.
50p.
9407 Entorf, H. & Kramarz, F. The impact of new technologies on
wages: lessons from matching panels on employees and on
their firms. 51p.
9405 Fourdrinier, D. & Robert, C.P. Intrinsic losses for
empirical Bayes estimation: a note on normal and Poisson
cases. 12p.
9401 Hili, O. & Guegan, D. Minimum Hellinger distance estimates
for general bilinear time series models. 16p.
9402 Peeters, H.M.M. Persistence, asymmetric and interrelation
in manufacturing structures, equipment and labour demand.
30p.
9350 Pham, H. Optimal hedging in continuous time with futures
and forward contracts in a stochastic interest rate
environment. 22p.
9349 Pham, H. & Touzi, N. Intertemporal equilibrium risk premia
in a stochastic volatility model. 29p.
9347 Robert, Christian P. Convergence assessments for Markov
chain Monte Carlo methods. 27p.
9348 Robert, Christian P. Intrinsic losses. 20p.
9403 Smith, R.J. Consistent tests for the encompassing
hypothesis. 34p.
9411 Chesher, A. & Smith, R.J. Likelihood ratio specification
tests. 44p.
9410 Comte, F. Simulation and estimation of long memory
continuous models. 31p.
9409 Robert, C.P. & Hwang, J.T. Gene. Maximum likelihood
estimation of order restricted parameters: a Bayesian
approach. 12p.
9417 Bonnal, L., Fougere, D. & Serandon, A. Evaluating the
impact of French employment policies of individual labour
market histories. 47p.
9412 Bronsard, C., Rosenwald, F. & Salvas-Bronsard, L. Evidence
on corporate private debt finance and the term structure of
interest rates. 41p.
PAGE 45
9414 Fleurbaey, M. & Maniquet, F. Cooperative production: a
comparison of individual rationality constraints. 10p.
9415 Gourieroux, C. & Scaillet, O. Estimation of the term
structure from bond data. 42p.
9413 Robert, C.P. Mixtures of distributions: inference and
estimation. 22p.
9416 van den Berg, G. Association measures for durations in
bivariate hazard rate models. 29p.
9421 Bolduc, D. A practical technique to estimate multinomial
probit models in transportation: computational details & an
applicati. 27p.
9419 Bossert, W. & Fleurbaey, M. Redistribution and
compensation. 16p.
9420 Gourieroux, C. & Scaillet, O. Unemployment insurance and
mortgages. 33p.
9418 Katsoulacos, Y. & Xepapadeas, A. Environmental policy under
oligopoly with endogenous market structure. 14p.
9425 Berred, A.M. K-record values and the extreme value index.
17p.
9426 Berred, A.M. On the estimation of the Pareto tail-index
using K-record values. 13p.
9427 Casella, G. & Robert, C.P. Rao-Blackwellization of sampling
schemes. 23p.
9432 Feve, P. & Langot, F. The real business cycle models
through statistical inference: an application with French
data. 28p.
9431 Feve, P. & Langot, F. Unemployment and the business cycle
in a small open economy. 38p.
9422 Guegan, D. & Wandji, J. Ngatchou. Lagrange multiplier test
for continguous hypothesis. 20p.
9429 Hardle, W. & Proenca, I. A bootstrap test for single index
models. 25p.
9423 Ngatchou Wandji, J., Diebolt, J. & Guegan, D. Un test non
parametrique pour un modele bilineaire diagonal d'ordre 1,
part 1: une premiere demarche. 27p.
9424 Ngatchou Wandji, J. & Diebolt, J. Un test non parametrique
pour un modele bilineaire diagonal d'ordre 1, part II: une
deuxieme demarche. 21p.
9430 Proenca, I. Tests d'hypotheses dans le cadre des modeles
semi-parametriques (paper is in English). 25p.
9428 Robert, C.P & Mengersen, K.L. Simulation of truncated gamma
distributions. 9p.
9437 Abbring, J.H., van den Berg, G.J. & van Ours, J.C. The
anatomy of unemployment dynamics. 50p.
9433 Fleurbaey, M. & Maniquet, F. Fair allocation with unequal
production skills: the no-envy approach to compensation.
24p.
9438 Guegan, D. Stochastic versus deterministic chaos. 22p.
9434 Hughes Hallett, A., Ma, Y. & Melitz, J. Unification and the
policy predicament in Germany. 36p.
9435 Melitz, J. & Waysand, C. The role of government aid to
firms during the transition to a market economy: Russia,
1992-1994. 34p.
9439 Stuchlik, J.B., Robert, C.P. & Plessis, B. Character
recognition through Bayes theorem. 23p.
PAGE 46
9436 van den Berg, G.J. & Lindeboom, M. Attrition in panel data
and the estimation of dynamic labor market models. 37p.
9447 Bonneu, M., Delecroix, M & Hristache, M. Efficient
semiparametric estimation in a class of single index models.
32p.
9444 Caillaud, B. & Rey, P. Strategic aspects of delegation.
12p.
9442 Comte, F. Discrete and continuous time cointegration. 34p.
9443 Gourieroux, C. & Monfort, A. Indirect inference for
stochastic differential equations. 28p.
9445 Rey, P. & Stiglitz, J. The role of exclusive territories in
producers' competition. 36p.
9446 Rey, P. & Stiglitz, J. Short-term contracts as a monitoring
device. 38p.
9441 Tuncer, R. Convergence in probability of the maximum
likelihood estimators of a multivariate ARMA model with
GARCH (1,1) error. 26p.
9440 Vallet, L.A. Diplome feminin et carriers masculine: Le sens
d'une correlation. 31p.
9454 Abowd, J.M., Kramarz, F. & Margolis, D.N. High-wage workers
and high-wage firms. 73p.
9451 Bosq, D. & Guegan, D. Estimation of the embedding dimension
of a dynamical system. 14p.
9449 Combes, P.P. Regional industry localization under Cournot
competition. 33p.
9450 Delecroix, M., Guegan, D. & Leorat, G. Detecting
deterministic chaos from observational data. 25p.
9452 Goutis, C. & Robert, C.P. Model choice in generalized
linear models: a Bayesian approach via Kullback Leibler
projections. 23p.
9453 Robert, C.P., Reber, A. & Nzobounsana, V. Bayesian
modelling of a pharmaceutical experiment with heterogeneous
responses. 16p.
INSTITUTO DE MATEMATICA PURA E APLICADA (BRAZIL).
87 Araujo, Aloisio & Sandroni, Alvaro. On the convergence to
rational expectations when markets are complete. 35p.
76 Araujo, A. & Monteiro, P.K. The general existence of
extended price equilibria with infinitely many commodities.
15p.
86 Araujo, A., Monteiro, P.K. & Pascoa, M. Existence of
equilibria with infinitely many goods, incomplete markets
and bankruptcy. 13p.
85 Azevedo, A.V. & Marchesin, D. Multiple viscous solutions
for systems of conservation laws. 30p.
83 Burachik, Regina, et al. Full convergence of the steepest
descent method with inexact line searches. 12p.
84 Censor, Yair, Iusem, Alfredo N. & Zenios, Stavros A. An
interior point method with Bregman functions for the
variational inequality problem with paramonotone operators.
31p.
77 Engelbrecht-Wiggans, Richard & Menezes, Flavio. Sequential
auctions with continuation costs. 17p.
PAGE 47
81 Iusem, Alfredo N. An interior point method for the
nonlinear complementarity problem. 18p.
82 Iusem, Alfredo N. On some properties of generalized
proximal point methods for quadratic and linear programming.
19p.
80 Martinez, Jose R. The Levy-Khinchine representation of the
Tweedie family. 14p.
78 Menezes, Flavio M. & Monteiro, Paulo K. Sequential
asymmetric auctions with endogenous participation. 14p.
88 Svaiter, B.F. A new duality theory for mathematical
programming. 29p.
INSTITUTO TECHNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9301 Boldrin, Michele. Public education and capital
accumulation. 31p.
9303 Edlin, Aaron S. & Epelbaum, Mario. Rivalrous benefit
taxation: the independent viability of separate agencies or
firms. 41p.
9305 Epelbaum, Mario. Menu competition: the case of non-linear
pricing. 35p.
9302 Santos, Manuel S. Smooth dynamics and computation in models
of economic growth. 31p.
9304 Santos, Manuel S. & Woodford, Michael. Rational asset
pricing bubbles. 63p.
9405 Edlin, Aaron S., Epelbaum, Mario & Heller, Walter P.
Surplus maximization and price discrimination in general
equilibrium. 31p.
9406 Edlin, Aaron S. & Epelbaum, Mario. Surplus maximization and
price discrimination in general equilibrium, part II. 24p.
9404 Goldstein, Robert & Zapatero, Fernando. General equilibrium
with constant relative risk aversion and Vasicek interest
rates. 19p.
9403 Ladron de Guevera, Antonio, Ortigueira, Salvador & Santos,
Manuel S. Equilibrium dynamics in two-sector models of
endogenous growth. 40p.
9402 Martinez-Legaz, Juan E. & Santos, Manuel S. On expenditure
functions. 23p.
9306 Ramos-Francia, Manuel. The demand for money in an unstable
economy: a cointegration approach for the case of Mexico.
61p.
9401 Zapatero, Fernando. Effects of financial innovations on
market volatility when beliefs are heterogeneous. 34p.
UNIVERSITY OF IOWA. Department of Economics.
9402 Horowitz, Joel L. Advances in random utility models. 17p.
9401 Nankervis, John C. & Savin, N.E. The level and power of the
bootstrap t-test in the trend model with AR(1) errors. 41p.
9403 Parks, R.W., Savin, N.E. & Wurtz, A.H. On the inferior
power of outer product Wald and LM tests. 30p.
9404 Williamson, Stephen D. Do informational frictions justify
federal credit programs?. 37p.
IOWA STATE UNIVERSITY. Department of Economics.
27 Hepp, Ralph E. & Edwards, William M. Small, medium and
large farms in the North Central region: a statistical
profile. 28p.
PAGE 48
34 Pingle, Mark & Tesfatsion, Leigh. Walras' law, Pareto
efficiency, and intermediation in overlapping generations
economies. 38p.
254 Pedro Garabito, Clara de. Strategic analysis of technology.
10p.
259 Herriges, Joseph A. & Kling, Catherine L. Testing the
consistency of nested logit models with utility
maximization. 16p.
35 Ashlock, Dan, et al. Preferential partner selection in an
evolutionary study of prisoner's dilemma. 29p.
BANCA DE ITALIA. Research Department.
211 Schlitzer, Giuseppe. Business cycles in Italy: a
retrospective investigation. 56p.
214 Monticelli, Carlo. Monetary coordination under an exchange
rate agreement and the optimal monetary instrument. 42p.
215 Schlitzer, Guiseppe. Testing stationarity of economic time
series: further Monte Carlo evidence. 41p.
219 Angelini, P., Hendry, D.F. & Rinaldi, R. An econometric
analysis of money demand in Italy. 56p.
221 Kim, Chulsoo & Manna, Michele. Has the post-war U.S.
economy deviated less from the stable growth regime?. 33p.
218 Sestito, Paolo & Visco, Ignazio. Actual and "normal"
inventories of finished goods: qualitative and quantitative
evidence. 34p.
224 Buttiglione, Luigi & Ferri, Giovanni. Monetary policy
transmission via lending rates in Italy: any lessons from
recent experience?. 40p.
223 Gaiotti, Eugenio. Measuring money with a divisia index: an
application to Italy. 45p.
226 Giannini, Curzio. Confidence costs and the institutional
genesis of central banks. 77p.
229 Angelini, Paolo. About the level of daylight credit, speed
of settlement and reserves in electronic payments systems.
58p.
228 Del Giovane, Paolo. The defense of exchange rates in the
EMS: instruments and strategies, 1987-1993. 75p.
230 Fornari, Fabio & Mele, Antonio. Asymmetries and
nonlinearities in economic activity. 41p.
234 Parigi, Guiseppe & Schlitzer, Guiseppe. Predicting
consumption of Italian households by means of leading
indicators. 42p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
318 Fischer, Jeffrey H. & Harrington, Joseph E. Product variety
and firm agglomeration. 37p.
319 Gaynor, Martin. Issues in the industrial organization of
the market for physician services. 70p.
316 Khan, M. Ali & Sun, Yeneng. Extremal structures and
symmetric equilibria with countable actions. 10p.
317 Khan, M. Ali & Sun, Yeneng. On large games with finite
actions: a synthetic treatment. 13p.
PAGE 49
320 Karni, Edi & Chakrabarti, Subir K. Political structure,
taxes, and trade. 26p.
321 Khan, M. Ali & Sun, Yeneng. Pure strategies in games with
private information. 24p.
323 de Lima, Pedro, Briedt, F. Jay & Crato, Nuno. Modeling
long-memory stochastic volatility. 23p.
325 Detragiache, Enrica. Fiscal adjustment and official
reserves in sovereign debt negotiations. 27p.
324 Harrington, Joseph E. The social selection of principled
and expedient agents. 65p.
327 Carroll, Christopher D., Rhee, Byung-Kun & Rhee, Changyong.
Are there cultural effects on saving?: some cross-sectional
evidence. 22p.
328 de Lima, Pedro J.F. Nuisance parameter free properties of
correlation integral based statistics. 19p.
329 Detragiache, Enrica & Garella, Paolo G. Debt restructuring
with multiple creditors. 30p.
326 Khan, M. Ali & Sun, Yeneng. The marriage lemma and large
anonymous games with countable actions. 4p.
331 Carrington, William J, Detragiache, Enrica & Vishwanath,
Tara. Equilibrium migration with endogenous moving costs.
36p.
330 Khan, M. Ali & Sun, Yeneng. Integrals of set-valued
functions with a countable range. 22p.
322 Khan, M. Ali, Rath, Kali & Sun, Yeneng. On games with a
continuum of players and infinitely many pure strategies.
30p.
333 Carrington, William J. The Alaskan labor market during the
pipeline era. 47p.
332 Chau, Nancy H.Y. Migrant networks and the pattern of
migration. 16p.
UNIVERSITY OF KANSAS. Department of Economics.
94-5 Bhattacharya, Gautam & Simons, Gerald. Predatory government
and the informal sector. 40p.
94-1 Comolli, Paul. A theorem on the gains from international
factor mobility. 7p.
94-4 Hess, Gregory D. Taxation and intergenerational transfers
with family size heterogeneity: do parents with more
children prefer highe. 28p.
94-3 Iwata, Shigeru & Hess, Gregory D. Asymmetric persistence in
GDP?: a deeper look at depth. 31p.
94-2 Zhang, Jianbo & Zhang, Zhentang. Information externality,
limited observation and the emergence of truth in sequential
decisions. 25p.
94-6 Simons, Gerald & Bhattacharya, Gautam. Price competition,
quality choice and informational cascades. 56p.
94-7 Bhattacharya, Gautam & Simons, Gerald. Persistence of low
product quality in informal markets. 35p.
94-8 Rosenbloom, Joshua L. Was there a national labor market at
the end of the 19th century?: intercity and interregional
variation in male ea. 45p.
94-9 Hess, Gregory D., Jones, Christopher S. & Porter, Richard D.
The predictive failure of the Baba, Hendry and Starr model
of the demand for M1 in the Unites States. 51p.
PAGE 50
LA TROBE UNIVERSITY. Department of Economics.
18/93 Athukorala, Premachandra. International labour migration in
the Asian Pacific region: patterns, policies and economic
implications. 50p.
17/93 Hewitson, Gillian. Deconstructing Robinson Crusoe: the role
of binary oppositions in economics. 17p.
14/93 Kennedy, John & Jakobsson, Kristin. Optimal timber
harvesting for wood production and wildlife habitat. 17p.
15/93 Kennedy, John & Godden, David. Plant variety rights and the
incentive to innovate. 25p.
16/93 King, John. Aggregate supply and demand analysis since
Keynes: a partial history. 61p.
28/93 Korosi, Gabor, Rimmer, Russell J. & Rimmer, Sheila M.
Contributions from gender and unions to earnings differences
among young Australians: the analysis of a panel. 20p.
25/93 Moore, Gregory. The origins of methodological debates in
the field of economics. 23p.
26/93 Silvapulle, Param, Pereira, Robert & Lee, John H.H. The
impact of inflation rate announcements on interest rate
volatility: Australian evidence. 23p.
27/93 Silvapulle, Param & Evans, Merran. Testing for serial
correlation in the presence of conditional
heteroskedasticity. 21p.
21/93 Athukorala, Premachandra & Riedel, James. Demands and
supply factors in the determination of NIE exports: a
simultaneous error-correction model for Hong Kong. 5p.
20/93 Coombes, Trevor. Bank liability management and the
stability of the trade cycle: the Australian experience.
15p.
19/93 Coombes, Trevor & Reimers, David. Modelling the money
market and the operation of monetary policy in Australia.
25p.
23/93 Frost, Lionel & Dingle, Tony. Sustaining suburbia: an
historical perspective on Australia's urban growth. 25p.
22/93 Riedel, James & Athukorala, Premachandra. Export growth and
the terms of trade: the case of the curious elasticities.
23p.
24/93 Silvapulle, Paramsothy & Lee, John. Robustness of the ARCH
tests in the presence of serial correlation. 23p.
WILFRID LAURIER UNIVERSITY. Department of Economics.
9314 Abel, Istvan, Bonin, John P. & Siklos, Pierre L. Crippled
monetary policy in transforming economies: why central bank
does not restore control. 25p.
9305 Raj, Baldev & Url, Thomas. Forecasting with short and
seasonally unadjusted data: the structural modelling
approach. 31p.
9313 Siklos, Pierre L. Varieties of monetary reforms. 24p.
9304 Siklos, Pierre L. & Wohar, Mark E. Convergence in interest
rates and inflation rates across countries and across time.
54p.
PAGE 51
9312 Abel, Istvan & Siklos, Pierre L. Constraints on enterprise
liquidity and its impact on the monetary sector in Hungary.
22p.
9306 Benabou, Roland & Konieczny, Jerzy D. On inflation and
output with costly price changes: a simple unifying result.
14p.
9401 Johnson, David R. & Siklos, Pierre L. Empirical evidence on
the independence of central banks. 50p.
9311 Johnson, David R. & Siklos, Pierre L. Political effects on
central bank behavior: some international evidence. 42p.
9307 Millerd, Frank & Dufournaud, Christian. The impact of water
level changes on commercial navigation in the Great Lakes
and the St. Lawrence River. 12p.
9309 Siklos, Pierre L. Can there be a currency union without
political union?: the early Soviet experience. 27p.
9308 Siklos, Pierre L. Tales of parallel currencies: the early
Soviet experience. 36p.
9310 Siklos, Pierre L. The Tchervonetz experiment in
discriminatory monetary policy. 24p.
9402 Siklos, Pierre L. & Abel, Istvan. Fiscal and monetary
policies in the transition: searching for the credit crunch.
40p.
9403 Granger, C.W.J. & Siklos, Pierre L. Systematic sampling,
temporal aggregation, seasonal adjustment, and
cointegration: theory and evidence. 16p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9308 Holly, Alberto & Gardiol, Lucien. An asymptotic expansion
for the distribution of test criteria which are
asymptoptically distributed as chi-squared . 24p.
9311 Neven, Damien & Gouyette, Claudine. Regional convergence in
the European Community. 22p.
9401 Von Ungern-Sternberg, Thomas. Countervailing power
revisited. 16p.
9406 Gordon, Stephen, Samson, Lucie & Carmichael, Benoit.
Bayesian evaluation of preference specifications. 36p.
9402 Neven, Damien. The political economy of state aids in the
European Community: some econometric evidence. 15p.
9404 Theler, Jean-Paul. Asset pricing and trading volume in
heterogeneous agent models with incomplete markets. 24p.
9407 Neven, Damien. Trade liberalizaton with Eastern nations:
how sensitive?. 50p.
9410 Neven, Damien & Roller, Lars-Hendrik. Competition in the
European banking industry: an aggregate structural model of
competition. 22p.
9414 Bacchetta, Philippe & van Wincoop, Eric. Net capital flows
under exchange rate and price volatility. 36p.
9411 Thalmann, Philippe, Goulder, Lawrence H. & Delorme,
Francois. Assessing the international spillover effects of
capital income taxation. 35p.
9412 von Ungern-Sternberg, Thomas. Percentage retail mark-ups.
14p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
172 Fingleton, John. Are middlemen competitive?. 17p.
PAGE 52
173 King, Mervyn, Sentena, Enrique & Wadhwani, Sushil.
Volatility and links between national stock markets. 53p.
171 Quah, Danny. Exploiting cross section variation for unit
root inference in dynamic data. 19p.
180 Burkhart, Mike. Overbidding in takeover contests. 51p.
177 Gromb, Denis. Is one share/one vote optimal?. 36p.
175 King, Mervyn. Debt deflation: theory and evidence. 38p.
176 Orosel, Gerhard O. Informational efficiency and welfare in
the stock market. 35p.
174 Vogler, Karl-Hubert. Inter-dealer trading. 32p.
183 Acemoglu, Daron & Gietzmann, Miles B. Auditor independence,
incomplete contracts, and the role of legal liability. 15p.
155 Bolton, Patrick & Roland, Gerard. The economics of mass
privatization: Czechoslovakia, East Germany, Hungary and
Poland. 96p.
178 Bray, Margaret. The arbitrage pricing theory is not robust
1: variance matrices and portfolio theory in pictures. 62p.
179 Bray, Margaret. The arbitrage pricing theory is not robust
2: factor structures and factor pricing. 56p.
184 Chen, Zhaohui & Giovannini, Alberto. The determinants of
realignment expectations under the EMS: some empirical
regularities. 31p.
182 Kleidon, Allan W. & Werner, Ingrid M. Round-the-clock
trading: evidence from U.K. cross listed securities. 40p.
181 Rady, Sven. State prices implicit in valuation formulae for
derivative securities: a Martingale approach. 23p.
186 Bhattacharya, Sudipto & Chiesa, Gabriella. Proprietary
information, financial intermediation, and research
incentives. 47p.
185 Cornelli, Francesca & Li, David D. Large shareholders,
private benefits of control and optimal schemes for
privatization. 45p.
188 Frey, Rudiger & Stremme, Alexander. Portfolio insurance and
volatility. 45p.
189 Repullo, Rafael. Some remarks of Leland's model of insider
trading. 24p.
187 Sommer, Daniel. Cotinuous-time limits in the generalized
Ho/Lee framework under the risk neutral and forward
measures. 33p.
191 Allen, Franklin & Gale, Douglas. A welfare comparison of
the German and U.S. financial systems. 58p.
192 Connor, Gregory & Curds, Ross. The permanent and transitory
components of corporate earnings. 60p.
193 Sentana, Enrique & Shah, Mushtaq. An index of co-movements
in financial time series. 37p.
190 Bensaid, Bernard & Jeanne, Olivier. The instability of
fixed exchange rate systems when raising the nominal
interest rate is costly. 27p.
195 Demos, Antonia & Vassilicos, Christos. The multifractal
structure of high frequency foreign exchange rate
fluctuations. 26p.
194 Ncube, Mthuli. Modelling implied volatility with OLS and
panel data models. 48p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
272 Basu, Kaushik. The algebra of knowledge: critique and
reformulation. 26p.
PAGE 53
273 Biggs, Norman. Exchange rates and the matrix-tree theorem.
18p.
274 Roberts, Kevin. Wage and employment determination through
non-cooperative bargaining. 38p.
277 Felli, Leonardo & Harris, Christopher. Job matching,
learning and the ditribution of surplus. 47p.
LONDON SCHOOL OF ECON. Taxation, Incentives & Dist. of Income.
159 de la Fuente, Angel. Expenditure levels and incentives in
public R & D. 42p.
160 Schmidt, Christoph M. Country of origin, family structure
and return migration. 36p.
161 Fiorentini, Gianluca. A model of electoral competition with
pressure groups. 35p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
6/93 Lindbeck, Assar & Snower, Dennis J. How are product demand
changes transmitted to the labour market. 15p.
8/93 Snower, Dennis J. Converting unemployment benefits into
employment subsidies. 13p.
7/93 Snower, Dennis J. Why people don't find work. 24p.
2/94 Ball, Michael & Wood, Andrew. How many jobs does
construction expenditure generate?. 24p.
1/94 Booth, Alison L. & Frank, Jeff. Seniority, earnings and
unions. 16p.
9/93 Karanassou, Marika & Snower, Dennis J. Explaining
disparities in unemployment dynamics. 26p.
7/94 Bianchi, Marco & Zoega, Gylfi. Unemployment persistence,
structural factors and hysteresis: can expansionary policies
reduce the levels of equilib. 41p.
5/94 Douglas, Stratford & Wall, Howard J. Estimating the value
of amenities with migration data. 15p.
6/94 Hariharan, Govind, Jans, Ivette & Wall, Howard J.
Protectionist reputations and the threat of voluntary export
restraint. 13p.
4/94 Kapur, Sandeep. Technological diffusion with social
learning. 20p.
3/94 Ravn, Morten O. & Sola, Martin. Stylized facts and regime
changes: are prices procyclical?. 31p.
8/94 Ball, Michael & Wood, Andrew. Does building investment
affect economic growth?: some long-run evidence from the
U.K. 19p.
10/94 Coakley, Jerry, Kulasi, Farida & Smith, Ron. The
savings-investment association. 36p.
9/94 Heyes, Anthony G. A theory of tradable price caps. 15p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Papers in Financial Economics.
9/93 Driffill, John & Sola, Martin. Intrinsic bubbles and regime
switching. 27p.
8/93 Timmermann, Allan. Excess volatility and predictability of
stock prices in a trend-stationary dividend model with
learning. 39p.
PAGE 54
10/93 Satchell, Stephen & Timmermann, Allan. Option pricing with
GARCH and systematic consumption risk. 27p.
3/94 Pesaran, M. Hashem & Timmermann, Allan. The use of
recursive model selection strategies in forecasting stock
returns. 71p.
1/94 Sola, Martin & Timmermann, Allan. Fitting the moments: a
comparison of ARCH and regime switching models for daily
stock returns. 28p.
2/94 Timmermann, Allan. Why do dividend yields forecast stock
returns?. 10p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9402 Aronsson, Thomas & Wikstrom, Magnus. The influence of a
nonlinear Grant-in-Aid on local public expenditures in
Sweden. 23p.
9401 Besley, Timothy, Preston, Ian & Ridge, Michael. Fiscal
anarchy in the U.K. 36p.
9319 Borgers, Tilamn & Sarin, Rajiv. Learning through
reinforcement and replicator dynamics. 24p.
9317 Coady, David. Marketed surplus of foodgrains in Pakistan.
44p.
9318 Szroeter, Jerzy. An analytic lower bound on the true
finite-sample size of the J-test of non nested regression
models. 19p.
9403 Aronsson, Thomas. A simple test for weak separability
between male and female labour supply. 17p.
9404 Banks, James, Blundell, Richard & Lewbel, Arthur. Quadratic
Engel curves, indirect tax reform and welfare measurement.
28p.
9406 Carlin, Wendy & Richtofen, Peter. The financial system in
the transition: the special case of East Germany. 25p.
9405 Gregg, Paul & Machin, Stephen. Is the glass ceiling
cracking?: gender compensation differentials and access to
promotion among U.K. executives. 41p.
9407 Scaramozzino, Pasquale. Investment irreversibility and
finance constraints. 20p.
9413 Binmore, Ken, Samuelson, Larry & Vaughn, Richard. Musical
chairs: modelling noisy evolution. 35p.
9412 Cameron, Colin & Windemeijer, Frank. An R-squared measure
of goodness of fit for some common nonlinear regression
models. 14p.
9409 Chick, Victoria & Caserta, Maurizio. Provisional
equilibrium and macroeconomic theory. 17p.
9411 Dustmann, Christian. Savings behavior of migrant workers: a
life-cycle analysis. 23p.
9414 Gale, John, Binmore, Ken & Samuelson, Larry. Learning to be
imperfect: the ultimatum game. 40p.
9410 Preston, Ian & Ridge, Michael. Demand for local public
spending in the UK: evidence from the British Social
Attitude Survey. 28p.
9408 Szroeter, Jerzy. Some results on small-sample rejection
probabilities of the Davidson-MacKinnon tests for separate
linear models. 28p.
PAGE 55
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9349 Balakrishnan, Anantaram & Vanderbeck, Francois. A tactical
planning model for mixed-model electronics assembly
operations. 45p.
9335 Barros, Fatima & Grilo, Isabel. Delegation in a vertically
differentiated duopoly. 28p.
9351 Bianchi, Marco. Infrequent shocks in the U.S. nominal wage
series. 34p.
9350 Bianchi, Marco. Segmented regressions and causality (with
applications to macroeconomic time series). 49p.
9352 Bianchi, Marco. Signal extraction in the presence of
infrequent shocks. 40p.
9344 Chaudhuri, Prabal R. Stability in generalised assignment
models: some concepts and an application to technology
transfer. 24p.
9342 Chichilnisky, Graciela. Markets, arbitrage, and social
choices. 90p.
9338 Constantino, Miguel. A cutting plane approach to
capacitated lot-sizing with start-up costs. 35p.
9356 Cordella, Tito & Vannini, Stefano. Tariff policy and
multinational firms: how to jump tariff jumping. 20p.
9341 Cremer, Helmuth & Pestieau, Pierre. Bequests as a heir
"discipline device". 13p.
9348 Dhillon, Amrita & Mertens, Jean-Francois. Relative
utilitarianism. 5p.
9347 Dreze, Jacques H. The formulation of uncertainty: prices
and states. 22p.
9337 Dreze, Jacques H. Regions of Europe: a feasible status, to
be discussed. 38p.
9343 Forges, Francoise. A note on Pareto optimality in
differential information economies. 6p.
9340 Labbe, Martine, Peeters, Dominique & Thisse,
Jacques-Francois. Location on networks. 118p.
9339 Lismont, Luc & Mongin, Philippe. Belief closure: a
semantics of common knowledge for modal propositional logic.
25p.
9354 Minelli, Enrico & Polemarkchakis, Heracles M. Knowledge at
equilibrium. 19p.
9336 Modica, Salvatore & Rustichini, Aldo. Unawareness: a formal
theory of unforseen contingencies, part 1. 14p.
9346 Mongin, Philippe. A non-minimal but very weak approximation
of common belief. 11p.
9357 Park, Byeong, Sickles, Robin & Simar, Leopold. Stochastic
frontiers: a semiparametric approach. 20p.
9334 Pietra, Tito & Siconolfi, Paolo. Equilibrium with
incomplete financial markets: uniqueness of equilibrium
expectations and real indeterminacy. 28p.
9335 Polemarchakis, Heracles M. & Siconolfi, Paolo. Generic
existence of competitive equilibria when the asset market is
incomplete. 20p.
9353 Ray, Indrajit. Coalition proof correlated equilibrium: a
definition. 25p.
PAGE 56
9345 Ritter, Christian & Bates, Douglas M. Profile methods.
17p.
9413 Amir, Rabah. Cournot oligopoly and the theory of
supermodular games. 21p.
9403 Banerjee, Anurag N. A method of estimating the average
derivative. 27p.
9412 Beitia, Arantza. Quality regulation in the monopoly case:
the impact of information. 21p.
9401 Billot, Antoine & Thisse, Jacques-F. A nonadditive
probability model of individual choice. 23p.
9410 Boadway, Robin, Marceau, Nicolas & Marchand, Maurice.
Time-consistent criminal sanctions. 18p.
9415 d'Aspremont, Claude & Motta, Massimo. Tougher price
competition or lower concentration?: a trade-off for
antitrust authorities?. 19p.
9406 Datta, Manjira. Externalities and price dynamics. 26p.
9409 Datta, Manjira & Mirman, Leonard J. Dynamic capital
interactions, externalities and trade. 35p.
9414 De Meyer, Bernard & Mongin, Philippe. A note on affine
aggregation. 8p.
9408 Kajii, Atsushi. On the role of paper money in general
equlibrium models without transactions costs. 11p.
9405 Lismont, Luc & Mongin, Philippe. On the logic of common
belief and common knowledge. 25p.
9404 Modica, Salvatore & Rustichini, Aldo. Unawareness: a formal
theory of unforeseen contingencies, part II. 28p.
9402 Morris, Stephen. Alternative notions of knowledge. 19p.
9416 Pestieau, Pierre, Possen, Uri M. & Slutsky, Steven M. The
penalty for tax evasion when taxes are set optimally. 18p.
9411 Ray, Indrajit. Deriving correlated equilibrium as the
stable standard of a social situation: a note. 16p.
9407 Ritter, Christian & Simar, Leopold. Another look at the
American electrical utility data. 14p.
9425 Amir, Rabah. Strategic intergenerational bequests with
stochastic convex production. 10p.
9424 Amir, Rabah & Grilo, Isabel. Stackelberg vs.
Cournot/Bertrand equilibrium. 25p.
9418 Bauwens, Luc & Lubrano, Michel. Identification restrictions
and posterior densities in cointegrated Gaussian VAR
systems. 27p.
9423 Ferrier, Gary D., Stevens, Kris & Vanden Eeckhaut, Philippe.
Radial and nonradial technical efficiency measures on a
data envelopment analysis reference technology: a compariso.
31p.
9420 Mertens, Jean-Francois, Sorin, Sylvain & Zamir, Shmuel.
Repeated games, part A: background material. 213p.
9421 Mertens, Jean-Francois, Sorin, Sylvain & Zamir, Shmuel.
Repeated games, part B: central results. 205p.
9422 Mertens, Jean-Francois, Sorin, Sylvain & Zamir, Shmuel.
Repeated games, part C: further developments. 119p.
9419 Vanderbeck, Francois & Wolsey, Laurence A. An exact
algorithm for integer program column generation. 13p.
9417 Van Zandt, Timothy. Hidden information acquisition and
static choice. 11p.
PAGE 57
9439 Anderson, Simon P. & Ginsburgh, Victor A. Price
discrimination with costly consumer arbitrage. 17p.
9434 Anderson, Simon P., de Palma, Andre & Nesterov, Yurii.
Oligopolistic competition and the optimal provision of
products. 23p.
9438 Bauwens, Luc & Ginsburgh, Victor A. Do art experts make
rational estimates of presale prices?. 11p.
9428 Bloch, Francis & Ryder, Harl. Two-sided search, marriages
and matchmakers. 28p.
9431 Caballero-Sanz, Francisco, Moner-Colonques, Rafael &
Sempere-Monerris, Jose J. Optimal licensing in a spatial
model. 25p.
9435 de Sousa Ramos, Francisco. Pigouvian taxes, tradables
permits and a dynamic process for an economy with pollution.
15p.
9436 Dreze, Jacques H. & Sneesens, Henri. Technical development,
competition from low-wage economies and low-skilled
unemployment. 36p.
9437 Ferreira, Carlos E., et al. Formulation and valid
inequalities for the node capacitated graph partioning
problem. 29p.
9430 Ginsburgh, Victor & Keyzer, Michiel. Existence and
efficiency properties of an approximate equilibrium when
asset markets are incomplete: a welfare appr. 30p.
9440 Hansen, Pierre, Peeters, Dominique & Thisse, Jacques-F. The
profit maximizing Weber problem. 33p.
9433 Ioannides, Yannis M. & Kan, Kamhon. The nature of
two-direction intergenerational transfers of money and time:
an empirical analysis. 41p.
9432 Ioannides, Yannis M. & Kan, Kamhon. Structural estimation
of residential mobility and housing tenure choice. 43p.
9426 Magnanti, Thomas L. & Wolsey, Laurence A. Optimal trees.
157p.
9427 Pochet, Yves & Wolsey, Laurence A. Algorithms and
reformulations for lot sizing problems. 61p.
9429 Polemarchakis, Heracles M. & Siconolfi, Paolo. Prices,
asset markets and indeterminacy. 16p.
UNIVERSITY OF MARYLAND. Center for International Economics.
5 Calvo, Guillermo A. Growth, debt, and economic
transformation: the capital flight problem. 30p.
1 Calvo, Guillermo A. The management of capital flows:
domestic policy and international cooperation. 39p.
6 Calvo, Guillermo A. & Coricelli, Fabrizio. Monetary policy
and interenterprise arrears in post Communist economies:
theory and evidence. 34p.
4 Calvo, Guillermo A. & Drazen, Allan. Uncertain duration of
reform: dynamic implications. 38p.
8 Drazen, Allan. The political economy of delayed reform.
27p.
7 Drazen, Allan & Sakellaris, Plutarchos. Revelation
uncertainty and irreversible investment. 21p.
2 Panagariya, Arvind & Findlay, Ronald. A political economy
analysis of free trade areas and customs unions. 26p.
PAGE 58
3 Reinhart, Carmen M. & Vegh, Carlos A. Intertemporal
consumption substitution and inflation stabilization: an
empirical investigation. 45p.
UNIVERSITY OF MARYLAND. Department of Economics.
9313 Cooper, Russell & Haltiwanger, John. Evidence on
macroeconomic complementarities. 41p.
9314 Davis, Steven J., Haltiwanger, John & Schuh, Scott. Small
business and job creation: dissecting the myth and
reassessing the facts. 47p.
9312 Heckelman, Jac. The effect of the secret ballot on voter
turnout rates. 28p.
9310 Hoff, Karla & Stiglitz, Joseph E. Moneylenders and bankers:
fragmented credit markets with monopolistic competition.
40p.
9311 Oates, Wallace, Palmer, Karen & Portney, Paul.
Environmental regulation and international competitiveness:
thinking about the Porter hypothesis. 24p.
94-2 Betancourt, Roger R. Growth capabilities and development
implications for transition processes in Cuba. 24p.
94-1 Kelejian, Harry H. Aggregated heterogeneous dependent data
and the logit model: a suggested approach. 10p.
94-3 Kelejian, Harry H. & Robinson, Dennis P. Infrastructure
productivity: a razor's edge. 30p.
94-6 Baldwin, John, Dunne, Timothy & Haltiwanger, John. A
comparison of job creation and job destruction in Canada and
the United States. 32p.
94-5 Coughlin, Peter J. Redistribution via government and
distributive justice. 21p.
94-4 Kathuria, Rajat & Mueller, Dennis C. Investment and cash
flow: asymmetric information or managerial discretion?.
34p.
9407 Baily, Martin N., Bartelsman, Eric J. & Haltiwanger, John.
Downsizing and productivity: myth or reality?. 34p.
9408 Hoff, Karla. Bayesian learning in a model of infant
industries. 29p.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Department of Economics.
9319 Abreu, Dilip, Dutta, Prajit K. & Smith, Lones. The folk
theorem for repeated games. 11p.
9409 Acemoglu, Daron. Monitoring and collusion: "carrots" versus
"sticks" in the control of auditors. 34p.
9320 Aghion, Philippe & Piketty, Thomas. Social mobility and
corporate development. 30p.
94-6 Bai, Jushan. Estimation of structural change based on
Wald-type statistics. 31p.
94-7 Bai, Jushan. Stochastic equicontinuity and weak convergence
of unbounded sequential empirical processes. 17p.
94-2 Genesove, David & Mayer, Christopher J. Equity and time to
sale in the real estate market. 23p.
94-4 Gruber, Jonathan & Madrian, Brigitte C. Health insurance
availability and the retirement decision. 45p.
PAGE 59
94-5 Gruber, Jonathan & Hanratty, Maria. The labor market
effects of introducing national health insurance: evidence
from Canada. 31p.
94-3 Gruber, Jonathan & Madrian, Brigitte C. Limited insurance
portability and job mobility: the effects of public policy
on job-lock. 38p.
94-1 Pischke, Jorn-Steffen. Measurement error and earnings
dynamics: some estimates from the PSID validation study.
29p.
9408 Pischke, Jorn-Steffen & Velling, Johannes. Wage and
employment effects of immigration to Germany: an analysis
based on local labor markets. 41p.
9413 Aghion, Philippe & Tirole, Jean. Formal and real authority
in organizations. 30p.
9416 Benabou, Roland. Education, income distribution, and
growth: the local connection. 34p.
9412 Bernard, Andrew B. & Jones, Charles I. Comparing apples to
oranges: productivity convergence and measurement across
industries and countries. 41p.
9418 Cabellero, Ricardo J. & Hammour, Mohamad L. On the timing
and efficiency of creative destruction. 40p.
9411 Currie, Janet & Gruber, Jonathan. Saving babies: the
efficacy and cost of recent expansions of Medicaid
eligibility for pregnant women. 44p.
9414 Diamond, Peter. Optimal income taxation: an example with a
U-shaped pattern of optimal marginal tax rates. 12p.
9410 Gruber, Jonathan & Poterba, James. Tax incentives and the
decision to purchase health insurance: evidence from the
self employed. 42p.
9419 Hausman, Jerry A. & Scott Morton, Fiona M.
Misclassification of a dependent variable in a discrete
response setting. 49p.
9415 Piketty, Thomas. Social mobility and redistributive
politics. 32p.
9417 Smith, Lones. Necessary and sufficient conditions for the
perfect finite horizon folk theorem. 11p.
9422 Acemoglu, Daron. Corporate control and balance of powers.
26p.
9423 Acemoglu, Daron. Search in the labor market: incomplete
contracts and growth. 29p.
9430 Bernard, Andrew B. & Jensen, Bradford. Exporters, skill
upgrading, and the wage gap. 40p.
9432 Caballero, Ricardo J. Explaining investment dynamics in
U.S. manufacturing: a generalized (S,s) approach. 35p.
9426 Chisholm, Darlene C. Profit-sharing versus fixed payment
contracts: evidence from the motion picture industry. 30p.
9428 Chisholm, Darlene C. The risk premium hypothesis and
two-part tariff contract design: some empirical evidence.
18p.
9420 Diamond, Peter. Insulation of pensions from political risk.
32p.
9429 Diamond, Peter. On the near optimality of linear
incentives. 13p.
9427 Ellison, Glenn & Glaeser, Edward L. Geographic
concentration in U.S. manufacturing industries: a dartboard
approach. 49p.
PAGE 60
9421 Hausman, Jerry A. Valuation of new goods under perfect and
imperfect competition. 39p.
9431 Laffont, Jean-Jacques & Tirole, Jean. Access pricing and
competition. 42p.
9425 Smith, Lones & Sorensen, Peter. An example of
non-Martingale learning. 13p.
9424 Smith, Lones & Sorensen, Peter. Pathological models of
observational learning. 33p.
UNIVERSITY OF MELBOURNE. Department of Economics.
407 Bomze, Immanuel M. Evolutionary stability is not a foolish
game: heretic thoughts on a fashionable theme. 21p.
402 Borland, Jeff. Job creation and destruction in Australia.
34p.
405 Borland, Jeff & Home, Richard. Growth and failure of
manufacturing establishments in Australia. 23p.
408 Borland, Jeff & Lye, Jenny. Matching and mobility in the
market for Australian rules football coaches. 36p.
406 Borland, Jeff & Eichberger, Jurgen. Organisational form
outside the principal-agent paradigm. 37p.
404 Creedy, John. Taxes and transfers: target efficiency and
social welfare. 20p.
398 Eichberger, Jurgen & Kelsey, David. Non-additive beliefs
and game theory. 26p.
411 Eichberger, Jurgen & King, Stephen. On fund manager
incentives. 32p.
403 Eichberger, Jurgen & Kelsey, David. Uncertainty aversion
and dynamic consistency. 28p.
409 Harris, Michael. Some neglected political economy aspects
of natural resource accounting: a partial equilibrium
example using non-re. 17p.
410 Robinson, James A. Investment and political instability.
19p.
413 Creedy, John. Means-tested versus universal benefits:
social welfare and poverty alleviation with endogenous
earnings. 14p.
412 Creedy, John. Measuring lifetime inequality & tax
progressivity with differential mortality: alternative
concepts. 23p.
414 Creedy, John, Ly, Jenny N. & Martin, Vance L. A labour
market equilibrium model of the personal distribution of
earnings. 31p.
415 Jennings, V.E., Lloyds-Smith, C.W. & Ironmonger, D.S. The
Poisson distribution, fertility and household size. 28p.
416 Robinson, James A. Incomplete contracting, labor market
"imperfections," and human capital accumulation: a
perspective on "Euroscleros. 20p.
419 Adams, Christopher P. Profit sharing and employee
involvement: are they compatible?. 28p.
417 Atkinson, M.E., Creedy, J. & Knox, D.M. Lifetime income,
taxation, expenditure and superannuation (LITES): a
life-cycle simulation model. 37p.
420 Borland, Jeff & Wilkins, Roger. Earnings inequality in
Australia. 61p.
PAGE 61
418 Creedy, John. Population ageing and social expenditure:
some simple analytics. 24p.
421 Alvarado, Jose & Creedy, John. Migration and Australian
population projections. 29p.
425 Atkinson, Margaret, Creedy, John & Knox, David. Alternative
retirement income strategies: a cohort analysis. 23p.
427 Borland, Jeff & Foo, Lyn. The skill composition of
employment in manufacturing industry. 41p.
426 Eichberger, Jurgen. Some puzzles of applied game theoretic
analysis: auctions, bargaining, and coordination. 31p.
424 Gittins, Ross. The role of the media in the formulation of
economic policy. 11p.
423 Olekalns, Nilss. Does seasonal adjustment distort tests of
stationarity?: some small sample evidence. 12p.
422 Olekalns, Nilss. Monte Carlo evidence on unit root and
stationarity tests when the data are measured with error.
15p.
428 Olekalns, Nilss. Testing the Fisher relation using vector
autoregressive innovations. 18p.
429 Perkins, J.O.N. On the dangers of targeting the budget
deficit. 17p.
432 Atkinson, M.E., Creedy, J. & Knox, D.M. Simplifying
superannuation taxation: the implications for lifetime
equity. 32p.
433 Borooah, V.K. & Creedy, J. The temporarily versus the
permanently poor: measuring poverty in a two period context.
17p.
434 Lim, G.C. & Martin, V.L. Weighted monetary aggregates:
empirical evidence for Australia. 46p.
431 Xiaoguang, Zhang. A two-tier price general equilibrium
model of the Chinese economy. 82p.
430 Xiaoguang, Zhang & Warr, Peter G. China's re-entry to the
GATT: a general equilibrium analysis of tariff reduction.
20p.
436 Hyde, Charles E. Bargaining and delay: the role of external
information. 40p.
435 Hyde, Charles E. Participation in decentralized markets:
thick or thin markets?. 33p.
437 Hyde, Charles E. & Vercammen, James A. Crop insurance:
moral hazard and contract form. 33p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9203 Baillie, Richard T. & Bollerslev, Tim. The long memory of
the forward premium. 17p.
9204 Baillie, Richard T., Bollerslev, Tim & Mikkelsen, Hans O.E.
Fractionally integrated generalized autoregressive
conditional heteroskedasticity. 36p.
9206 Linz, Susan J. & Biddle, Jeff E. The development and
diffusion of innovation in Russian industry. 21p.
9205 Linz, Susan J. Russian labor market in transition. 30p.
9209 Creane, Anthony. Risk and revelation: changing the value of
information. 18p.
9210 Lee, Dongin. On the power of Dickey-Fuller unit root tests
against stationary fractionally integrated alternatives.
20p.
PAGE 62
9208 Linz, Susan J. Gender differences in the Russian labor
market. 12p.
9207 Linz, Susan J. Privatization of Russian industry: a
research note. 9p.
9212 Chung, Ching-Fan. Estimating a generalized long memory
process. 29p.
9213 Chung, Ching-Fan. A generalized fractionally integrated
ARMA process. 45p.
9211 Rasche, Robert H. Money demand and the term structure: some
new ideas on an old problem. 49p.
9302 Glomm, Gerhard & Ravikumar, B. Competitive equilibrium and
public investment plans. 29p.
9301 Glomm, Gerhard & Ravikumar, B. Endogenous public policy and
multiple equilibria. 14p.
9401 Ahn, Seung Chan, Lee, Young Hoon & Schmidt, Peter. GMM
estimation of a panel data regression model with time
varying individual effects. 45p.
9402 Chung, Ching-Fan. Calculating and analyzing impulse
responses and their asymptotic distributions for the ARFIMA
and VARMA models. 22p.
9300 Creane, Anthony. An informational externality in a
competitive market. 16p.
9403 Pecchenino, Rowena A. Social security, social welfare and
the aging population. 44p.
UNIVERSITY OF MICHIGAN. Ctr. for Research on Econ & Social Theory.
9401 Hviid, Morten & Shaffer, Greg. Do low-price guarantees
facilitate collusion?. 11p.
9403 Jehiel, Philippe, Moldovanu, Benny & Stacchetti, Ennio.
Multidimensional mechanism for auctions with externalities.
26p.
9406 Lee, Lung-Fei. Simulated maximum likelihood estimation of
dynamic discrete choice statistical models: some Monte Carlo
results. 41p.
9407 Li, David D. The behavior of the Chinese state enterprises
under the dual influence of the government and the market.
38p.
9405 MacKie-Mason, Jeffrey K. & Varian, Hal R. Economic FAQS
about the Internet. 18p.
9402 Shaffer, Greg & Zhang, Z. John. Competitive coupon
targeting. 38p.
9404 Varian, Hal R. Entry and cost reduction. 13p.
UNIVERSITA DEGLI STUDI DI MILANO. Dipt. Econ. Politica e Aziendale.
9402 Barba Navaretti, Giorgio. What determines intra-industry
gaps in technology?: a simple theoretical frame- work for
the analysis of technologi. 27p.
9404 Checchi, Daniele. Capital controls and conflict of
interests. 19p.
9406 Florio, Massimo. Cost benefit analysis: a research agenda.
42p.
9403 Marzi, Graziella. Production prices and wage-profit curves:
an evaluation of the empirical results. 17p.
PAGE 63
9405 Valsecchi, Irene. Job modeling and incentive design: a
preliminary study. 23p.
UNIVERSITY OF MINNESOTA. Center for Economic Research.
271 Gong, Changzhen & Li, Shuhe. Transition with growth: the
Chinese experience in the world economy. 43p.
274 Feng, Qi, Gong, Changzhen & Li, Shuhe. Transportation cost
and industrial structure: a test with China's cross regional
data. 15p.
272 McKelvey, Richard D. & McLennan, Andrew. The maximal number
of regular totally mixed Nash equilibria. 14p.
273 McLennan, Andrew. The maximal generic number of pure Nash
equilibria. 3p.
275 Kwok, Siu-Kit Claudian. Endogenous asset specificity in a
principal-agent model: an interpretation of managerial
myopia. 31p.
276 Mihara, H. Reiju. Arrow's theorem and Turing computability.
23p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
94-2 Smale, Melinda & Ruttan, Vernon. Cultural endowments,
institutional renovation and technical innovation: the
"Groupements Naam" of Yatenga, Burkina . 34p.
94-1 Tsur, Yacov & Zemel, Amos. Endangered species and natural
resource exploitation: extinction vs. coexistence. 27p.
94-3 Roumasset, James. Explaining diversity in agricultural
organization: an agency perspective. 56p.
MONASH UNIVERSITY. Department of Econometrics.
14/93 Ara, Ismat & King, Maxwell L. Marginal likelihood based
test of regression disturbances. 37p.
13/93 King, Maxwell L. Hypothesis testing in the presence of
nuisance parameters. 25p.
17/93 King, Maxwell L. & Rankin, Mei Leng. Pre-test strategies
for time-series forecasting in the linear regression model.
23p.
16/93 Orme, Chris & Fry, Tim R.L. Maximum likelihood estimation
in binary data models using panel data under alternative
distributional assumptions. 13p.
15/93 Rahman, Shahidur & King, Maxwell L. Marginal likelihood
score-based tests of regression disturbances in the presence
of nuisance parameters. 29p.
19/93 Brooks, Robert D. & King, Maxwell L. Testing Hildreth-Houck
against return to normalcy random regression coefficients.
23p.
20/93 Grose, Simone D. & King, Maxwell L. The use of information
criteria for model selection between models with equal
numbers of parameters. 25p.
21/93 Hao, Kang & Inder, Brett. Testing for structural change in
cointegrated regression models. 24p.
18/93 Mayadunne, Geetha, Evans, Merran & Inder, Brett. An
empirical investigation of shock persistence in economic
time series. 28p.
PAGE 64
3/94 Blanchard, Pierre & Matyas, Laszlo. Robustness of tests for
error components model to nonnormality. 16p.
5/94 Brooks, Robert D. & King, Maxwell L. Hypothesis testing of
varying coefficient regression models: procedures and
applications. 55p.
7/94 Evans, Merran & Grose, Simone. Burr distribution tables for
approximating p-values and critical values by matching
skewness and kurtosis. 27p.
2/94 Fry, Tim R.L. & Harris, Mark N. Testing for independence of
irrelevant alternatives: some empirical results. 18p.
4/94 Rahman, Shahidur & King, Mawell L. A comparison of marginal
likelihood based and approximate point optimal tests for
random regression coefficients in. 19p.
1/94 Scipione, Catherine M. Bayesian statistical variable
selection: a review. 12p.
6/94 Wu, Ping X. & King, Maxwell L. One-sided hypothesis testing
in econometrics: a survey. 38p.
11/94 Harris, Mark N. Modelling the probability of youth
unemployment in Australia: 1985-1988. 38p.
8/94 Kofman, Paul & Moser, James T. Stock margins and the
conditional probability of price reversals. 20p.
10/94 Kofman, Paul & Vorst, Ton C.F. Tailing the bid-ask spread.
15p.
9/94 Kofman, Paul, Bouwman, Tony & Moser, James T. Is there
LIF(F)E after DTB?: competitive aspects of cross listed
futures contracts on synchronous markets. 28p.
13/94 Leiberman, Offer. A Laplace approximation to the moments of
a ratio of quadratic forms. 17p.
14/94 Lieberman, Offer. Saddlepoint approximation for the least
squares estimation in first order autoregression. 9p.
12/94 Shah, Chandra. Model selection in univariate time series
forecasting. 46p.
MONASH UNIVERSITY. Department of Economics.
7/93 Fausten, Dietrich K. & Marjit, Sugata. The persistence of
international real interest differentials in the presence of
perfect financial arbitrage. 22p.
8/93 Yang, Xiaokai. Economic organisms and application of
topology and graph theory in economics. 54p.
9/93 Abayasiri-Silva, K. & Richards, Graham M. Non-neutrality of
money in imperfectly competitive macroeconomic models. 21p.
10/93 Freebairn, John. Microeconomic reform: progress and
effectiveness. 14p.
3/93 Marjit, Sugata. On the participation of local capital in a
foreign enclave: a general equilibrium analysis. 12p.
11/93 Ng, Yew-Kwang. The necessity, feasibility, and adequacy of
cost-benefit analysis where life or other "non-economic"
factors... 44p.
12/93 Ng, Yew-Kwang. Towards welfare biology: evolutionary
economics of animal consciousness and suffering. 53p.
5/94 Henderson, David. Economic liberalism: Australia in an
international setting. 40p.
6/94 Jones, Ronald W. & Marjit, Sugata. Labour market aspects of
enclave-led growth. 30p.
PAGE 65
4/94 Tietz, Reinhard. Simplification and complexity: the dilemma
of economic theory. 20p.
1/94 Ng, Yew-Kwang. Why does the real economy adjust
sluggishly?: interfirm macroeconomic externality... 31p.
2/94 Ng, Yew-Kwang & Wang, Jianguo. A case for cardinal utility
and non-arbitrary choice of commodity units. 34p.
3/94 Wills, Ian & Harris, Jane. Government versus private
quality assurance for Australian food exports. 23p.
7/94 Goss, Barry A. & Fry, Jane M. Expectations and forecasting
in the U.S. dollar/British pound market. 36p.
8/94 Snape, Richard H. Trade and multilateral trade agreements:
effects on the global environment. 16p.
9/94 Snape, Richard H. Which regional trade agreement?. 24p.
10/94 Marjit, Sugata & Shi, Heling. Non-cooperative, cooperative
and delegative R & D. 12p.
13/94 Peter, Matthew W. & Verikios, George. Quantifying the
effect of immigration on economic welfare in Australia.
23p.
18/94 Brito, Dagobert & Hartley, Peter. In defense of
contributory negligence. 35p.
19/94 Jones, Ronald W. & Mitra, Tapan. Share ribs and income
distribution. 29p.
17/94 Ohyama, Michihiro & Jones, Ronald W. Technology choice,
overtaking and comparative advantage. 36p.
14/94 Oi, Walter Y. Towards a theory of the retail firm. 23p.
11/94 Yang, Xiaokai. Learning through the division of labor and
interrelationship between trade and productivity progress.
37p.
15/94 Yang, Xiaokai. The nature of capital, investment, and
saving. 31p.
12/94 Yang, Xiaokai. A theory of the socialist economic system
and the difference between the economic reforms in China &
Russia. 38p.
16/94 Yang, Xiaokai. Two notes on new growth models. 17p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9333 Dagenais, Marcel G & Dufour, Jean-Marie. Pitfalls of
rescaling regression models with Box-Cox transformations.
16p.
9335 Ghysels, Eric & Lieberman, Offer. Dynamic regression and
filtered data series: a Laplace approximation to the effects
of filtering in small samples. 24p.
9322 Ghysels, Eric. Seasonal adjustment and other data
transformations. 28p.
9336 Kollman, Robert. The duration of unemployment as a signal:
implications for labor market equilibrium. 19p.
9337 Kollmann, Robert. Fertility, consumption and bequests in a
model with non-dynamic parental altruism. 24p.
9405 Bronsard, C., Rosenwald, F. & Salvas-Bronsard, L. Evidence
on corporate private debt finance and the term structure of
interest rates. 40p.
9407 Campbell, Bryan & Dufour, Jean-Marie. Exact nonparametric
tests of orthogonality and random walk in the presence of a
drift parameter. 30p.
PAGE 66
9330 Cardia, Emanuela & Ambler, Steve. The cyclical behavior of
wages and profits under imperfect competition. 23p.
9404 Dagenais, Marcel G. & Dagenais, Denyse L. GMM estimators
for linear regression models with errors in the variables.
31p.
9402 Gauthier, Celine & Poitevin, Michel. Using ex ante payments
in self-enforcing risk sharing contracts. 36p.
9403 Ghysels, Eric & Jasiak, Joanna. Stochastic volatility and
time deformation: an application of trading volume and
leverage effects. 35p.
9401 Mercenier, Jean & Akitoby, Bernardin. On intertemporal
general equilibrium reallocation effects of Europe's move to
a single market. 39p.
9408 Bollerslev, Tim & Ghysels, Eric. Periodic autoregressive
conditional heteroskedasticity. 27p.
9409 Cardia, Emanuela. The effects of government financial
policies: can we assume Ricardian equivalence?. 40p.
9406 Dinardo, John, Fortin, Nicole M. & Lemieux, Thomas. Labor
market institutions and the distribution of wages,
1983-1992: a semi parametric approach. 70p.
9411 Kollman, Robert. The correlation of productivity growth
across regions and industries in the U.S. 12p.
9410 Kollman, Robert. Hidden unemployment: a search theoretic
interpretation. 7p.
9415 Ambler, Steve, Cardia, Emanuela & Farazli, Jeannine. Export
promotion and growth. 39p.
9418 Cannings, Kathy, Montmarquette, Claude & Mahseredjian,
Sophie. Entrance quotas and admission to medical schools: a
sequential probit model. 24p.
9419 Cannings, Kathy, Montmarquette, Claude & Mahseredjian,
Sophie. Major choices: undergraduate concentration and the
probability of graduation. 24p.
9417 Fisher, Timothy C.G. & Martel, Jocelyn. The creditors'
financial reorganization decision: new evidence from
Canadian data. 19p.
9413 Gaudry, Marc & Le Leyzour, Alexandre. Improving a fragile
linear logit model specified for high speed rail demand
analysis in the Quebec-Windsor corridor. 37p.
9416 Ghysels, Eric & Sarlan, F. Haldun. On the analysis of
business cycles through the spectrum of chronologies. 35p.
9414 Lewis, Tracy & Poitevin, Michael. Disclosure of information
in regulatory proceedings. 36p.
9420 Nabeya, Seiji & Perron, Pierre. Approximations to some
exact distributions in the first order autoregressive model
with dependent errors. 38p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
45 Gradstein, Mark & Justman, Moshe. Education, inequality,
and growth: a public choice perspective. 22p.
50 Hammond, Peter J. Financial distortions to the incentives
of managers, owners and workers. 18p.
47 Hammond, Peter J. History as a widespread externality in
some Arrow-Debreu market games. 37p.
PAGE 67
44 Hart, Robert A. & Moutos, Thomas. Quasi-permanent
employment and the comparative theory of coalitional and
neoclassical firms. 24p.
46 McMillan, John. Why does Japan resist foreign
market-opening pressure?. 38p.
49 Sinn, Gerlinde & Sinn, Hans-Werner. Participation,
capitalization and privatization: report on Bolivia's
current political privatization debate. 17p.
48 White, Michelle J. The costs of corporate bankruptcy: a
U.S.-European comparison. 40p.
58 Bell, Clive & Clemenz, Gerhard. The desire for land
strategic lending with adverse selection. 22p.
56 Bovenberg, A. Lans & van der Ploeg, Frederick. Consequences
of environmental tax reform for involuntary unemployment and
welfare. 21p.
55 Chirinko, Robert S. Non-convexities, labor hoarding,
technology shocks, and procyclical productivity: a
structural econometric approach. 56p.
57 Edwards, Jeremy & Keen, Michael. Tax competition and
Leviathan. 26p.
54 Eichberger, Jurgen. Bayesian learning in repeated normal
form games. 22p.
53 Eichberger, Jurgen & Harper, Ian. The general equilibrium
foundations of modern finance theory: an exposition. 34p.
52 Funke, Michael, Hall, Stephen & Sola, Martin. Rational
bubbles during Poland's hyperinflation: implications and
empirical evidence. 29p.
66 Beckmann, Martin. Optimal gambling strategies. 7p.
61 Hartwick, John M. Sustainability and constant consumption
paths in open economies with exhaustible resources. 19p.
60 Jones, Eric L. Culture and its relationship to economic
change. 29p.
59 Jones, Ronald W. & Ohyama, Michihiro. Technology choice,
overtaking and comparative advantage. 36p.
62 Niehans, Jurg. Adam Smith and the welfare cost of optimism.
21p.
64 Puu, Tonu. The chaotic duopolists. 11p.
63 Puu, Tonu. The chaotic monopolist. 13p.
65 Sinn, Hans-Werner. A theory of the welfare state. 38p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9327 Hohaus, Bolko, Konrad, Kai A. & Thum, Marcel. Too much
conformity?: a Hotelling model of local public goods supply.
9p.
9323 Muhleisen, Martin & Zimmermann, Klaus F. A panel analysis
of job changes and unemployment. 10p.
9324 Tschernig, Rolf. Tackling and understanding the small
sample bias in ARFIMA models. 35p.
9328 Winkelmann, Rainer. A count data model for game waiting
times. 11p.
9326 Winkelmann, Rainer. Vocational training and the transition
to the labor market: the German case. 18p.
9325 Zimmermann, Klaus F. Labour responses to taxes and benefits
in Germany. 81p.
PAGE 68
9404 De New, John P. & Schmidt, Christoph M. The industrial
structure of German earnings 1980-1990. 29p.
9407 Grassinger, Robert. Stabilization policy in a monetary
union: does stimulating demand shrink total output of the
union?. 24p.
9403 Heintel, Markus. A Bayesian way to identify the order of
autoregressive processes. 12p.
9405 Hillinger, Claude. Applied cardinal welfare economics:
conceptual foundation, empirical measurement, and
aggregation. 39p.
9329 Hillinger, Claude. Dynamic disequilibrium economics:
history, conceptual foundations, possible futures. 36p.
9331 Reiter, Michael. Evaluation of discrete and continuous time
dynamic models by spectral methods with an application to
automobile dem. 34p.
9401 Schmidt, Christoph M. Relative wage effects of German
unions. 38p.
9402 Weichenrieder, Alfons J. Anti-tax avoidance provisions and
the size of foreign direct investment. 19p.
9330 Woitek, Ulrich. The G-7 countries: a multivariate
description of the business cycle stylized facts. 28p.
9408 Artzrouni, Marc & Komlos, John. The formation of the
European state system: a "predatory" model. 14p.
9411 Coclanis, Peter A. & Komlos, John. Nutrition and economic
development in post-reconstruction South Carolina: an
anthropometric approach. 36p.
9412 Komlos, John. The stature of runaway slaves in Colonial
America, 1720-1770. 41p.
9410 Komlos, John & Salamon, Peter. Growth and social welfare
with interdependent utility functions. 11p.
9415 Schlicht, Ekkehart. Autonomous wage inflation. 16p.
9417 Schlicht, Ekkehart. Exploiting the Coase mechanism: the
extortion problem. 10p.
9413 Schlicht, Ekkehart. Job rents in a stylized dual labor
market. 11p.
9409 Schmidt, Christoph M. The economic performance of Germany's
East European immigrants. 42p.
9416 Schob, Ronnie. Tax reform in the presence of externalities:
first-best vs. second-best analysis. 8p.
9418 Thimann, Christian. Investment dynamics in Eastern Germany:
gradual climb instead of sudden jump. 26p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
4569 Ando, Albert, Guiso, Luigi & Terlizzese, Daniele. Dissaving
by the elderly, transfer motives and liquidity constraints.
41p.
4568 Ando, Albert & Brayton, Flint. Prices, wages, and
employment in the U.S. economy: a traditional model and
tests of some alternatives. 60p.
4553 Backus, David K. The Japanese trade balance: recent history
and future prospects. 34p.
4578 Ball, Laurence. The dynamics of high inflation. 36p.
4564 Bennett, Neil G., Bloom, David E. & Miller, Cynthia K. The
influence of nonmarital childbearing on the formation of
first marriages. 43p.
PAGE 69
4575 Besley, Timothy & Case, Anne. Does electoral accountability
affect economic policy choices?: evidence from gubernatorial
term limits. 34p.
4584 Bloom, David E. Language, employment, and earnings in the
United States: Spanish-English differentials from 1970-1990.
32p.
4580 Brainard, S. Laul. An empirical assessment of the
proximity-concentration tradeoff between multinational sales
and trade. 87p.
4573 Calomiris, Charles W. Is the discount window necessary?: a
Penn-Central perspective. 46p.
4587 Campbell, John Y. & Froot, Kenneth A. International
experiences with securities transaction taxes. 40p.
4562 Chatterjee, Satyajit & Cooper, Russell W. Entry and exit,
product variety and the business cycle. 39p.
4577 Cooper, Russell & Haltiwanger, John. Evidence on
macroeconomic complementarities. 41p.
4565 Fischer, Stanley. The role of macroeconomic factors in
growth. 34p.
4581 Fullerton, Don & Karayannis, Marios. Tax evasion and the
allocation of capital. 31p.
4550 Galor, Oded & Weil, David N. The gender gap, fertility, and
growth. 28p.
4582 Goulder, Lawrence H. Energy taxes, traditional efficiency
effects and environmental implications. 64p.
4571 Hardouvelis, Gikas A., La Porta, Rafael & Wizman, Thierry A.
What moves the discount on country equity funds?. 76p.
4574 Hines, James R. No place like home: tax incentives and the
location of R & D by American multinationals. 53p.
4558 Hurd, Michael & McGarry, Kathleen. The relationship between
job characteristics and retirement. 42p.
4585 Imbens, Guido & Lynch, Lisa M. Re-employment probabilities
over the business cycle. 43p.
4566 Kaplow, Louis. Should the government's allocation branch be
concerned about the distortionary cost of taxation &
distributive effe. 29p.
4567 Rodrik, Dani. Taking trade policy seriously: export
subsidization as a case study in policy effectiveness. 40p.
4576 Rotemberg, Julio J. & Woodford, Michael. Energy taxes and
aggregate economic activity. 41p.
4555 Lipsey, Robert E. & Swedenborg, Birgitta. The high cost of
eating: agricultural protection and international
differences in consumer food prices. 59p.
4570 Neumark, David & Wascher, William. Employment effects of
minimum wages: reply to Card, Katz and Krueger. 34p.
4586 Polinsky, A. Mitchell & Shavell, Steven. Should liability
be based on the harm to the victim or the gain to the
injurer?. 18p.
4603 Aghion, Philippe & Saint-Paul, Gilles. Uncovering some
causal relationships between productivity growth and the
structure of economic fluctuations: a tent. 32p.
4593 Ausink, John A. & Wise, David A. The military pension,
compensation, and retirement of U.S. Air Force pilots. 39p.
4610 Barro, Robert J. & Sala-i-Martin, Xavier. Quality
improvements in models of growth. 43p.
PAGE 70
4596 Bates, David S. Jumps and stochastic volatility: exchange
rate processes implicit in PHLX Deutschemark options. 54p.
4624 Bekaert, Geert, Hodrick, Robert J. & Marshall, David A. The
implications of first-order risk aversion for asset market
risk premiums. 48p.
4583 Brainard, S. Lael. An empirical assessment of the factor
proportions explanation of multinational sales. 48p.
4606 Brainard, S. Lael & Verdier, Thierry. The political economy
of declining industries: senescent industry collapse
revisited. 34p.
4608 Bulow, Jeremy & Klemperer, Paul. Auctions vs. negotiations.
20p.
4614 Chevalier, Judith A. & Scharfstein, David S. Capital market
imperfections and countercyclical markups: theory and
evidence. 45p.
4579 Claessens, Stijn & Rhee, Moon-Whoan. The effect of equity
barriers on foreign investment in developing countries.
50p.
4628 Clarete, Ramon L., Trela, Irene & Whalley, John. Evaluating
labour and adjustment costs from trade shocks: illustrations
for the U.S. economy using an applied gener. 23p.
4612 Eaton, Jonathan & Eckstein, Zvi. Cities and growth: theory
and evidence from France and Japan. 60p.
4598 Engel, Charles. Tests of CAPM on an international portfolio
of bonds and stocks. 35p.
4572 Feinstein, Jonathan S. Elderly health, housing, and
mobility. 56p.
4595 Ferson, Wayne E. & Harvey, Campbell R. An exploratory
investigation of the fundamental determinants of national
equity market returns. 66p.
4622 Ferson, Wayne E. & Harvey, Campbell R. Sources of risk and
expected returns in global equity markets. 43p.
4590 Frankel, Jeffrey A. The internationalization of equity
markets. 34p.
4588 Frankel, Jeffrey, Stein, Ernesto & Wei, Shang-Jin.
Continental trading blocs: are they natural or
super-natural?. 52p.
4599 Friedman, Benjamin M. The role of judgement and discretion
in the conduct of monetary policy: consequences of changing
financial markets. 49p.
4634 Grossman, Gene M. & Krueger, Alan B. Economic growth and
the environment. 35p.
4597 Grossman, Gene M. & Helpman, Elhanan. The politics of free
trade agreements. 50p.
4594 Gruber, Jonathan & Madrian, Brigitte C. Health insurance
and early retirement: evidence from the availability of
continuation coverage. 47p.
4589 Gruber, Jonathan & Hanratty, Maria. The labor market
effects of introducing national health insurance: evidence
from Canada. 31p.
4629 Gustman, Alan L. & Steinmeier, Thomas L. Retirement in a
family context: a structural model for husbands and wives.
62p.
4625 Hamermesh, Daniel S., Hassink, Wolter H.J. & van Ours, Jan
C. New facts about factor-demand dynamics: employment,
jobs, and workers. 29p.
PAGE 71
4623 Harvey, Campbell R. Conditional asset allocation in
emerging markets. 45p.
4621 Harvey, Campbell R. Predictable risk and returns in
emerging markets. 55p.
4605 Hendricks, Kenneth & Porter, Robert H. Determinants of the
timing and incidence of exploratory drilling on offshore
wildcat tracts. 49p.
4601 Hurd, Michael D. The effects of demographic trends on
consumption, saving and government expenditures in the U.S.
44p.
4592 Ito, Takatoshi & Lin, Wen-Ling. Price volatility and volume
spillovers between the Tokyo and New York stock markets.
33p.
4615 Krishna, Kala & Thursby, Marie. Flexibility: a partial
ordering. 24p.
4616 Krugman, Paul. Fluctuations, instability, and
agglomeration. 30p.
4635 Kusko, Andrea L., Poterba, James M. & Wilcox, David W.
Employee decisions with respect to 401(k) plans: evidence
from individual-level data. 24p.
4613 Lumsdaine, Robin L., Stock, James H. & Wise, David A.
Retirement incentives: the interactions between
employer-provided pensions, Social Security, and retiree
health ben. 62p.
4607 McGarry, Kathleen & Schoeni, Robert F. Transfer behavior:
measurement and the redistribution of resources within the
family. 42p.
4619 Metcalf, Gilbert E. Lifecycle vs. annual perspectives on
the incidence of a value added tax. 32p.
4636 Mishkin, Frederic S. Preventing financial crises: an
international perspective. 52p.
4591 Nadiri, M. Ishaq & Prucha, Ingmar R. Estimation of the
depreciation rate of physical and R & D capital in the U.S.
total manufacturing sector. 30p.
4626 Perroni, Carlo & Whalley, John. The new regionalism: trade
liberalization or insurance?. 46p.
4618 Rey, Patrick & Stiglitz, Joseph. The role of exclusive
territories in producers' competition. 52p.
4630 Rose, Andrew K. Exchange rate volatility, monetary policy,
and capital mobility: empirical evidence on the Holy
Trinity. 31p.
4620 Staiger, Robert W. A theory of gradual trade
liberalization. 39p.
4633 Svensson, Lars E.O. Monetary policy with flexible exchange
rates and forward interest rates as indicators. 40p.
4604 Svensson, Lars E.O. The simplest test of inflation target
credibility. 14p.
4611 Tesar, Linda L. & Werner, Ingrid M. International equity
transactions and U.S. portfolio choice. 44p.
4609 Tracy, Joseph & Waldfogel, Joel. The best business schools:
a market based approach. 17p.
4600 Venti, Steven F. & Wise, David A. The wealth of cohorts:
retirement saving and the changing assets of older
Americans. 55p.
PAGE 72
4602 Wei, Shang-Jin. Open door policy and China's rapid growth:
evidence from city-level data. 49p.
4656 Aizenman, Joshua. On the need for fiscal discipline in a
union. 23p.
4637 Alesina, Alberto & Perotti, Roberto. The political economy
of budget deficits. 48p.
4664 Allen, Steven G. Updated notes on the interindustry wage
structure. 37p.
4543 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of customs unions. 53p.
4639 Blomstom, Magnus & Kokko, Ari. Home country effects of
foreign direct investment: evidence from Sweden. 37p.
4642 Bordo, Michael D., Simard, Dominique & White, Eugene.
France and the Bretton Woods international monetary system,
1960 to 1968. 40p.
4641 Borjas, George J. Long-run convergence of ethnic skill
differentials. 28p.
4556 Borjas, George J. & Ramey, Valerie A. Foreign competition,
market power, and wage inequality: theory and evidence.
44p.
4563 Brezis, Elise S & Krugman, Paul. Immigration, investment,
and real wages. 21p.
4561 Brezis, Elise S. & Krugman, Paul. Technology and the life
cycle of cities. 21p.
4554 Campbell, John Y. Understanding risk and return. 51p.
4662 Chaloupka, Frank J. & Laixuthai, Adit. Do youths substitute
alcohol and marijuana?: some econometric evidence. 53p.
4644 Currie, Janet & Gruber, Jonathan. Saving babies: the
efficacy and cost of recent expansions of Medicaid
eligibility for pregnant women. 44p.
4643 Diebold, Francis X. & Rudebusch, Glenn D. Measuring
business cycles: a modern perspective. 33p.
4661 Edwards, Sebastian & Losada, Fernando J. Fixed exchange
rates, inflation and macroeconomic discipline. 26p.
4655 Engel, Charles & Rogers, John H. Relative returns on
equities in Pacific Basin countries. 28p.
4647 Greenstein, Shane M. Did computer technology diffuse
quickly?: best and average practice in mainframe computers,
1968-1983. 29p.
4557 Harhoff, Dietmar & Kane, Thomas J. Financing apprenticeship
training: evidence from Germany. 44p.
4663 Harvey, Campbell R. & Huang, Roger D. The impact of the
Federal Reserve Bank's open market operations. 31p.
4660 Harvey, Campbell R., Solnik, Bruno & Zhou, Guofu. What
determines expected international asset returns?. 53p.
4652 Hoff, Karla & Lyon, Andrew B. Non-leaky buckets: optimal
redistributive taxation and agency costs. 45p.
4548 Houseman, Susan N. & Abraham, Katharine G. Labor adjustment
under different institutional structures: a case study of
Germany and the United States. 58p.
4560 Hurd, Michael & McGarry, Kathleen. Evaluation of subjective
probability distributions in the Health and Retirement
Survey. 52p.
4648 Kane, Edward J. & Hendershott, Robert. The federal deposit
insurance fund that didn't bark in the night. 22p.
PAGE 73
4631 Kaplow, Louis. Accuracy, complexity, and the income tax.
25p.
4651 Klein, Michael W. & Marion, Nancy P. Explaining the
duration of exchange rate pegs. 22p.
4646 Kortum, Samuel. A model of research, patenting, and
productivity growth. 56p.
4559 Krugman, Paul & Venables, Anthony. Integration,
specialization, and adjustment. 30p.
4654 Lang, Larry, Poulsen, Annett & Stulz, Rene M. Asset sales,
firm performance, and the agency costs of managerial
discretion. 51p.
4540 Lichtenberg, Frank R. The output contributions of computer
equipment and personnel: a firm-level analysis. 44p.
4632 Mitchell, Olivia S. & Hsin, Ping Lung. Public pension
governance and performance. 40p.
4649 Mullahy, John & Sindelar, Jody L. Health, income, and risk
aversion: assessing some welfare cost of alcoholism and poor
health. 32p.
4551 Nagin, Daniel & Waldfogel, Joel. The effect of conviction
on income through the life cycle. 36p.
4617 Neumark, David & Wascher, William. Minimum wage effects and
low-wage labor markets: a disequilibrium approach. 39p.
4534 Obstfeld, Maurice. International capital mobility in the
1990's. 99p.
4640 Obstfeld, Maurice. The logic of currency crises. 54p.
4627 Rappoport, Peter & White, Eugene N. The New York Stock
Market in the 1920s and 1930s: did stock prices move
together too much?. 24p.
4659 Rauch, James E. Balanced and unbalanced growth. 57p.
4650 Rotemberg, Julio J. & Woodford, Michael. Is the business
cycle a necessary consequence of stochastic growth?. 58p.
4552 Skinner, Jonathan. Is housing wealth a sideshow?. 57p.
4645 Stulz, Rene M. International portfolio choice and asset
pricing: an integrative survey. 44p.
4653 Zucker, Lynne G., Darby, Michael R. & Brewer, Marilynn B.
Intellectual capital and the birth of U.S. biotechnology
enterprises. 66p.
4683 Aizenman, Joshua. Foreign direct investment, employment
volatility and cyclical dumping. 30p.
4674 Allen, Steven G. Developments in collective bargaining in
construction in the 1980s and 1990s. 40p.
4667 Altshuler, Rosanne, Newlon, T. Scott & Randolph, William C.
Do repatriation taxes matter?: evidence from the tax returns
of U.S. multinationals. 32p.
4676 Backus, David K. & Zin, Stanley E. Reverse engineering the
yield curve. 41p.
4677 Ball, Laurence & Mankiw, N. Gregory. A sticky-price
manifesto. 36p.
4682 Bernstein, Jeffrey I. & Mohnen, Pierre. International R & D
spillovers between U.S. and Japanese R & D intensive
sectors. 35p.
4678 Blau, Francine & Kahn, Lawrence M. International
differences in male wage inequality: institutions versus
market forces. 62p.
PAGE 74
4672 Bloom, David E., Grenier, Giles & Gunderson, Morley. The
changing labor market position of Canadian immigrants. 34p.
4675 Burnside, Craig & Eichenbaum, Martin. Factor hoarding and
the propagation of business cycle shocks. 46p.
4687 Caplin, Andrew & Leahy, John. The economics of adjustment.
15p.
4694 Casella, Alessandra & Eichengreen, Barry. Can foreign aid
accelerate stabilization?. 25p.
4699 Christiano, Lawrence J., Eichenbaum, Martin & Evans,
Charles. The effects of monetary policy shocks: some
evidence from the flow of funds. 53p.
4658 Clarida, Richard & Gali, Jordi. Sources of real exchange
rate fluctuations: how important are nominal shocks?. 81p.
4698 Cochrane, John. Shocks. 58p.
4685 Cummins, Jason G., Harris, Trevor S. & Hassett, Kevin A.
Accounting standards, information flow, and firm investment
behavior. 52p.
4703 Cummins, Jason G. & Hubbard, R. Glenn. The tax sensitivity
of foreign direct investment: evidence from firm-level panel
data. 36p.
4657 Dumas, Bernard. A test of the international CAPM using
business cycles indicators as instrumental variables. 42p.
4681 Easterly, William, et al. Policy, technology adoption and
growth. 19p.
4686 Eaton, Jonathan. Cross-border banking. 33p.
4697 Edwards, Sebastian. Macroeconomic stabilization in Latin
America: recent experience and some sequencing issues. 82p.
4669 Ehrenberg, Ronald G., Goldhaber, Daniel D. & Brewer, Dominic
J. Do teachers' race, gender, and ethnicity matter?:
evidence from the National Educational Longitudinal Study of
1988. 28p.
4705 Feenberg, Daniel R. & Rosen, Harvey S. Recent developments
in the marriage tax. 22p.
4668 Feldstein, Martin. The effects of outbound foreign direct
invesmtnet on the domestic capital stock. 40p.
4689 Feldstein, Martin. Taxes, leverage and the national return
on outbound foreign direct investment. 27p.
4638 Fogel, Robert W. Economic growth, population theory, and
physiology: the bearing of long-term processes on the making
of economic po. 48p.
4670 Fullerton, Don & Kinnaman, Thomas C. Household demand for
garbage and recycling collection with the start of a price
per bag. 41p.
4695 Gaynor, Martin. Issues in the industrial organization of
the market for physician services. 81p.
4700 Gertler, Paul, Sturm, Roland & Davidson, Bruce. Information
and the demand for supplemental Medicare insurance. 34p.
4707 Goldin, Claudia. The U-shaped female labor force function
in economic development and economic history. 40p.
4690 Gordon, Roger H. & MacKie-Mason, Jeffrey K. Why is there
corporate taxation in a small open economy?: the role of
transfer pricing and income shifting. 32p.
4666 Hoynes, Hilary W. & McFadden, Daniel. The impact of
demographics on housing and non-housing wealth in the United
States. 53p.
PAGE 75
4704 Hubbard, R. Glenn & Palia, Darius. Executive pay and
performance: evidence from the U.S. banking industry. 27p.
4673 Joyce, Theodore, et al. The impact of prenatal exposure to
cocaine on newborn costs and length of stay. 22p.
4684 Juhn, Chinhui. Wage inequality and industrial change:
evidence from five decades. 39p.
4702 Kandel, Shmuel & Stambaugh, Robert F. Portfolio
inefficiency and the cross-section of expected returns.
24p.
4701 Kane, Edward J. & Yu, Min-Teh. How much did capital
forbearance add to the tab for the FSLIC mess?. 25p.
4691 Lipsey, Robert E. Outward direct investment and the U.S.
economy. 46p.
4671 Lipsey, Robert E. Quality change and other influences on
measures of export prices of manufactured goods and the
terms of trade betwe. 37p.
4692 McCallum, Bennett T. Monetary policy rules and financial
stability. 43p.
4679 Neumark, David & Wascher, William. Minimum wage effects on
employment and school enrollment. 23p.
4688 Neumark, David & Taubman, Paul. Why do wage profiles slope
upwards?: tests of the general human capital model. 32p.
4693 Obstfeld, Maurice & Rogoff, Kenneth. Exchange rate dynamics
redux. 32p.
4665 Schieber, Sylvester J. & Shoven, John B. The consequences
of population aging on private pension fund saving and asset
markets. 29p.
4696 Staiger, Robert W. & Wolak, Frank A. Measuring industry
specific protection: anti-dumping in the United States.
71p.
4680 Young, Alwyn. The tyranny of numbers: confronting the
statistical realities of the East Asian growth experience.
39p.
4714 Ades, Alberto F. & Glaeser, Edward L. Evidence on growth,
increasing returns and the extent of the market. 51p.
4715 Ades, Alberto F. & Glaeser, Edward L. Trade and circuses:
explaining urban giants. 38p.
4736 Aghion, Philippe & Blanchard, Olivier J. On the speed of
transition in central Europe. 48p.
4712 Altschuler, Rosanne & Mintz, Jack. U.S. interest allocation
rules: effects and policy. 46p.
4719 Atkeson, Andrew & Phelan, Christopher. Reconsiderating the
costs of business cycles with incomplete markets. 27p.
4709 Auerbach, Alan J. The U.S. fiscal problem: where we are,
how we got here and where we're going. 47p.
4726 Baldwin, John, Dunne, Timothy & Haltiwanger, John. A
comparison of job creation and job destruction in Canada and
the United States. 30p.
4731 Bebchuk, Lucian A. & Chang, Howard F. An analysis of
fee-shifting based on the margin of victory: on frivolous
suits, meritorious suits, and the role of . 42p.
4740 Blanchflower, David G. & Freeman, Richard B. The legacy of
Communist labor relations. 28p.
4729 Constantine, Jill M. & Neumark, David. Training and the
growth of wage inequality. 33p.
PAGE 76
4717 Dickson, Joel M. & Shoven, John B. A stock index mutual
fund without net special gains realizations. 35p.
4733 Disney, Richard, Gosling, Amanda & Machin, Stephen. British
unions in decline: an examination of the 1980s fall in trade
union recognition. 33p.
4735 Easterly, William & Fischer, Stanley. The Soviet economic
decline: historical and republican data. 56p.
4732 Gosling, Amanda & Machin, Stephen. Trade unions and the
dispersion of earnings in British establishments. 26p.
4713 Hanson, Gordon H. Regional adjustment to trade
liberalization. 46p.
4718 Hutchinson, James M., Lo, Andrew W. & Poggio, Tomaso. A
nonparametric approach to pricing and hedging derivative
securities via learning networks. 49p.
4739 Jovanovic, Boyan & Nyarko, Yaw. The Bayesian foundations of
learning by doing. 68p.
4716 Leamer, Edward E. Trade, wages and revolving door ideas.
33p.
4725 Lee, Jong-Wha. Capital goods imports and long-run growth.
28p.
4721 Levitt, Steven D. & Poterba, James M. Congressional
distributive politics and state economic performance. 48p.
4710 Lipsey, Robert E. U.S. foreign trade and the balance of
payments, 1800-1913. 69p.
4720 Lo, Andrew W. & Wang, Jiang. Implementing option pricing
models when asset returns are predictable. 53p.
4706 McCallum, Bennett T. A semi-classical model of price level
adjustment. 42p.
4738 Parsley, David C. & Wei, Shang-Jin. Insignificant and
inconsequential hysteresis: the case of U.S. bilateral
trade. 20p.
4727 Reiss, Peter C. & Werner, Ingrid M. Transaction costs in
dealer markets: evidence from the London Stock Exchange.
66p.
4723 Rose, Nancy L. & Shepard, Andrea. Firm diversification and
CEO compensation: managerial ability or executive
entrenchment?. 45p.
4708 Saffer, Henry. Alcohol advertising and motor vehicle
fatalities. 47p.
4722 Shyam-Sunder, Lakshmi & Myers, Stewart C. Testing static
trade-off against pecking order models of capital structure.
32p.
4737 Wei, Shang-Jin. Anticipations of foreign exchange
volatility and bid-ask spreads. 41p.
4769 Agenor, Pierre-Richard & Aizenman, Joshua. Macroeconomic
adjustment with segmented labor markets. 48p.
4741 Baily, Martin N., Bartelsman, Eric J. & Haltiwanger, John.
Downsizing and productivity growth: myth or reality?. 34p.
4752 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. 24p.
4754 Blackburn, McKinley L. & Bloom, David E. Changes in the
structure of family income inequality in the United States
and other industrial nations... 52p.
PAGE 77
4748 Blau, Francine D. The impact of wage structure on trends in
U.S. gender wage differentials, 1975- 1987. 57p.
4755 Card, David & Lemieux, Thomas. Changing wage structure and
black-white wage differentials among men and women: a
longitudinal analysis. 21p.
4743 Chan, K.C., Fong, Wai-Ming & Stulz, Rene M. Information,
trading and stock returns: lessons from dually-listed
securities. 40p.
4777 De Bondt, Werner F.M. & Thaler, Richard H. Financial
decision making in markets and firms: a behavioral
perspective. 33p.
4742 Dickens, Richard, Machin, Stephen & Manning, Alan. The
effects of minimum wages on employment: theory and evidence
from the U.K. 47p.
4758 Eaton, Jonathan & Tamura, Akiko. Bilateralism and
regionalism in Japanese and U.S. trade and direct foreign
investment patterns. 44p.
4751 Finger, J. Michael. The multi-fibre arrangement paradox:
more protection and more trade?. 68p.
4747 Gardner, Bruce L. The political economy of U.S. export
subsidies for wheat. 75p.
4764 Gentry, William M. & Peress, Eric. Taxes and fringe
benefits offered by employees. 29p.
4776 Gertner, Robert H., Scharfstein, David S. & Stein, Jeremy C.
Internal versus external capital markets. 21p.
4728 Glaeser, Edward L. & Mare, David C. Cities and skills.
35p.
4762 Goldin, Claudia. How America graduated from high school:
1910 to 1960. 46p.
4750 Gruber, Jonathan. The consumption smoothing benefits of
unemployment insurance. 42p.
4744 Hanson, Gordon H. Localization economies, vertical
organization, and trade. 36p.
4767 Head, Keith, Rice, John & Swenson, Deborah. Agglomeration
benefits and location choice: evidence from Japanese
manufacturing investment in the U.S. 31p.
4730 Henderson, Vernon. Externalities and industrial
development. 45p.
4745 Irwin, Douglas A. Trade politics and the semiconductor
industry. 81p.
4749 Kalt, Joseph P. Precedent and legal argument in U.S. trade
policy: do they matter to the political economy of the
lumber dispute?. 36p.
4724 Kaplan, Steven N. & Ruback, Richard S.. The valuation of
cash flow forecasts: an empirical analysis. 44p.
4757 Krueger, Alan B. The effect of the minimum wage when it
really bites: a reexamination of the evidence from Puerto
Rico. 33p.
4759 Lach, Saul & Tsiddon, Daniel. Staggering and
synchronization in price-setting: evidence from multiproduct
firms. 56p.
4753 Leamer, Edward E. American regionalism and global free
trade. 37p.
4761 Leeper, Eric M. & Sims, Christopher A. Toward a modern
macroeconomic model usable for policy analysis. 45p.
PAGE 78
4756 MacKinlay, A. Craig. Multifactor models do not explain
deviations from the CAPM. 35p.
4778 Michaely, Roni, Thaler, Richard H. & Womack, Kent. Price
reactions to dividend initiations and omissions:
overreaction or drift?. 43p.
4760 Moore, Michael O. Steel production in the 1980s: the waning
influence of big steel?. 82p.
4746 Nelson, Douglas R. The political economy of U.S. automobile
protection. 44p.
4734 Poterba, James M. & Rueben, Kim S. The distribution of
public sector wage premia: new evidence using quantile
regression methods. 40p.
4765 Romer, Christina D. & Romer, David H. What ends
recessions?. 72p.
4711 Taylor, Alan M. & Williamson, Jeffrey G. Convergence in the
age of mass migration. 50p.
4763 Thursby, Jerry G. & Thursby, Marie C. Interstate cigarette
bootlegging: extent, revenue losses, and effects of federal
intervention. 36p.
4774 Abraham, Jesse M. & Hendershott, Patric H. Bubbles in
metropolitan housing markets. 24p.
4810 Alesina, Alberto & Perotti, Roberto. The welfare state and
competitiveness. 49p.
4787 Anderson, Patricia M. & Meyer, Bruce D. Unemployment
insurance benefits and takeup rates. 39p.
4811 Attanasio, Orazio P. The intertemporal allocation of
consumption: theory and evidence. 48p.
4771 Attanasio, Orazio & Davis, Steven J. Relative wage
movements and the distribution of consumption. 63p.
4795 Attanasio, Orazio P. & Weber, Guglielmo. Is consumption
growth consistent with intertemporal optimization?: evidence
from the Consumer Expenditure Survey. 30p.
4817 Basu, Susanto. Intermediate goods and business cycles:
implications for productivity and welfare. 38p.
4788 Bebchuk, Lucian A. Efficient and inefficient sales of
corporate control. 37p.
4808 Bell, Linda & Freeman, Richard. Why do Americans and
Germans work different hours?. 47p.
4798 Benabou, Roland. Education, income distribution, and
growth: the local connection. 34p.
4814 Bernanke, Ben S. The macroeconomics of the Great
Depression: a comparative approach. 50p.
4789 Bernanke, Ben, Gertler, Mark & Gilchrist, Simon. The
financial accelerator and the flight to quality. 52p.
4770 Blanchflower, David G. & Oswald, Andrew J. Estimating a
wage curve for Britain, 1973-1990. 31p.
4768 Caballero, Ricardo J. & Hammour, Mohamad L. On the timing
and efficiency of creative destruction. 49p.
4800 Calomiris, Charles W., Orphanides, Athanasios & Sharpe,
Steven A. Leverage as a state variable for employment,
inventory for accumulation, and fixed investment. 34p.
4766 Caplin, Andrew & Leahy, John. Mass layoffs and
unemployment. 26p.
4801 Darby, Michael R. Over-the-counter derivatives and
systematic risk to the global financial system. 31p.
PAGE 79
4807 De Gregorio, Jose & Wolf, Holger C. Terms of trade,
productivity, and the real exchange rate. 18p.
4781 Dekle, Robert & Eaton, Jonathan. Agglomeration and the
price of land: evidence from the prefectures. 50p.
4812 Diewert, W. Erwin & Smith, Ann Marie. Productivity
measurement for a distribution firm. 15p.
4793 Dooley, Michael P. & Kletzer, Kenneth M. Capital flight,
external debt and domestic policies. 30p.
4792 Dooley, Michael P., Fernandez-Arias, Eduardo & Kletzer,
Kenneth M. Recent private capital inflows to developing
countries: is the debt crisis history?. 30p.
4772 Edwards, Sebastian. Trade and industrial policy reform in
Latin America. 50p.
4791 Fairlie, Robert W. & Meyer, Bruce D. The ethnic and racial
character of self-employment. 75p.
4785 Feldstein, Martin & Vaillant, Marian. Can state taxes
redistribute income?. 35p.
4802 Forslund, Anders & Krueger, Alan B. An evaluation of the
Swedish labor market policy: new and received wisdom. 55p.
4797 Freeman, Richard B. & Kleiner, Morris M. Do unions make
enterprises insolvent?. 29p.
4784 Fuchs, Victor R. & Reklis, Diane M. Mathematical
achievement in eighth grade: interstate and racial
differences. 16p.
4805 Ghosh, Atish R. & Wolf, Holger C. How many monies?: a
genetic approach to finding optimum currency areas. 27p.
4806 Ghosh, Atish R. & Wolf, Holger C. Pricing in international
markets: lessons from The Economist. 20p.
4815 Goldberg, Linda S. & Kohlstad, Charles D. Foreign direct
investment, exchange rate variability and demand
uncertainty. 26p.
4796 Gordon, Roger H. & Bovenberg, A. Lans. Why is capital so
immobile internationally?: possible explanations and
implications for capital income taxation. 30p.
4813 Gustman, Alan L., Mitchell, Olivia S. & Steinmeier, Thomas
L. Retirement research using the health and retirement
survey. 35p.
4773 Hamermesh, Daniel S. Policy transferability and hysteresis:
daily and weekly hours in the BRD and the U.S. 31p.
4803 Harris, Jeffrey E. A working model for predicting the
consumption and revenue impacts of large increases in the
U.S. federal cigarette. 19p.
4780 Hassett, Kevin & Metcalf, Gilbert E. Investment with
uncertain tax policy: does random tax policy discourage
investment?. 41p.
4775 Hendershott, Patric H. Rental adjustment and valuation of
real estate in overbuilt markets: fundamental versus
reported office market valu. 28p.
4779 Holtz-Eakin, Douglas & Lovely, Mary E. Technological
linkages, market structure, and optimum production policies.
24p.
4816 Hutton, Eric & Whalley, John. Reference point dependence
for specification bias from quality upgrading. 20p.
4809 Kaminsky, Graciela L. & Klein, Michael. The real exchange
rate and fiscal policy during the gold standard period:
evidence from the United States and Great. 34p.
PAGE 80
4799 Lee, Jong-Wha & Swagel, Phillip. Trade barriers and trade
flows across countries and industries. 31p.
4783 Lyon, Andrew B. & Silverstein, Gerald. The alternative
minimum tax and the behavior of multinational corporations.
47p.
4790 Orden, David. Agricultural interest groups and the North
American Free Trade Agreement. 73p.
4804 Raubitschek, Ruth R. & Spencer, Barbara J. High-cost
domestic joint ventures and international competition: do
domestic firms gain?. 40p.
4782 Stein, Jeremy C. Waves of creative destruction: customer
bases and the dynamics of innovation. 42p.
4786 Yamada, Tetsuji, et al. Effectiveness of government policy:
an experience from a national health care system. 40p.
6650 Aizenman, Joshua & Hausmann, Ricardo. Why is inflation
skewed?: a debt and volatility story. 25p.
4833 Atkeson, Andrew & Kehoe, Patrick J. Putty-clay capital and
energy. 37p.
4818 Bekaert, Geert. The time variation of risk and return in
foreign exchange markets: a general equilibrium perspective.
52p.
4843 Bekaert, Geert & Harvey, Campbell R. Time-varying world
market integration. 47p.
4848 Calomiris, Charles W., Himmelberg, Charles P. & Wachtel,
Paul. Commercial paper, corporate finance, and the business
cycle: a microeconomic perspective. 58p.
4832 Card, David. Earnings, schooling, and ability revisited.
43p.
4819 Cooper, russell & Ejarque, Joao. Financial intermediation
and aggregate fluctuations: a quantitative analysis. 40p.
4840 Ellison, Glenn & Glaeser, Edward L. Geographic
concentration in U.S. manufacturing industries: a dartboard
approach. 49p.
4834 Engel, Charles & Hakkio, Craig. The ditribution of exchange
rates in the EMS. 34p.
4829 Engel, Charles & Rogers, John H. How wide is the border?.
41p.
4841 Feenstra, Robert C. & Shiells, Clinton R. Bias in U.S.
import prices and demand. 38p.
4842 Feenstra, Robert C. & Kendall, Jon D. Pass-through of
exchange rates and purchasing power parity. 58p.
4850 Flood, Robert & Mussa, Michael. Issues concerning nominal
anchors for monetary policy. 32p.
4828 Flyer, Frederick & Rosen, Sherwin. The new economics of
teachers and education. 51p.
4824 Holtz-Eakin, Douglas & Schwartz, Amy Ellen. Infrastructure
in a structural model of economic growth. 32p.
4825 Hunt, Jennifer. Firing costs, employment fluctuations and
average employment: an examination of Germany. 41p.
4823 Jovanovic, Boyan & Nyarko, Yaw. The transfer of human
capital. 41p.
4821 Kashyap, Anil K. & Stein, Jeremy C. The impact of monetary
policy on bank balance sheets. 61p.
4827 Kremer, Michael & Thomson, Jim. Young workers, old workers,
and convergence. 48p.
PAGE 81
4831 Krueger, Alan & Rouse, Cecilia. New evidence on workplace
education. 50p.
4835 Lanjouw, Jean O. Economic consequences of a changing
litigation environment: the case of patents. 38p.
4836 Lawrence, Robert Z. Trade, multinationals, and labor. 52p.
4844 Mincer, Jacob. Investment in U.S. education and training.
59p.
4845 Nadiri, M. Ishaq & Mamuneas, Theofanis P. Infrastructure
and public R & D investments, and the growth of factor
productivity in U.S. manufacturing industries. 23p.
4820 Piggott, John & Whalley, John. The tax unit and household
production. 28p.
4822 Rizzo, John A. & Sindlar, Jody L. Optimal regulation of
multiply-regulated industries: the case of physician
services. 20p.
4830 Shiller, Robert J. & Weiss, Allan N. Home equity insurance.
39p.
4826 Silk, Alvin J. & Berndt, Ernst R. Costs, institutional
mobility barriers, and market structure: advertising
agencies as multiproduct firms. 59p.
4846 Staiger, Robert W. & Wolak, Frank A. Differences in the
uses and effects of antidumping law across import sources.
52p.
4839 Tornell, Aaron & Lane, Philip. Are windfalls a curse?: a
non-representative agent model of the current account and
fiscal policy. 41p.
4853 Blank, Rebecca M., George, Christine C. & London, Rebecca A.
State abortion rates: the impact of policies, providers,
politics, demographics and economic environment. 68p.
4860 Bordo, Michael D. & Schwartz, Anna J. The specie standard
as a contingent rule: some evidence for core and peripheral
countries, 1880-1990. 69p.
4866 Borjas, George J. Assimilation and changes in cohort
quality revisited: what happened to immigrant earnings in
the 1980's?. 34p.
4857 Canner, Niko, Mankiw, N. Gregory & Weil, David N. An asset
allocation puzzle. 33p.
4859 Diebold, Francis X., Neumark, David & Polsky, Daniel. Job
stability in the United States. 30p.
4858 Dow, James & Gorton, Gary. Noise trading, delegated
portfolio management, and economic welfare. 28p.
4849 Eaton, Jonathan & Engers, Maxim. Threats and promises.
30p.
4851 Feldstein, Martin. Tax policy and international capital
flows. 33p.
4852 Feldstein, Martin & Gruber, Jonathan. A major risk approach
to health insurance reform. 39p.
4865 Frankel, Jeffrey A. & Rose, Andrew K. A survey of empirical
research on nominal exchange rates. 72p.
4862 Fullerton, Don & Rogers, Diane Lim. Distributional effects
on a lifetime basis. 42p.
4847 Fung, K.C. & Staiger, Robert W. Trade liberalization and
trade adjustment assistance. 31p.
4861 Genesove, David & Mayer, Christopher J. Equity and time to
sale in the real estate market. 30p.
PAGE 82
4869 Grubert, Harry & Slemrod, Joel. The effect of taxes on
investment and income shifting to Puerto Rico. 25p.
4854 Helpman, Elhanan & Trajtenberg, Manuel. A time to sow and a
time to reap: growth based on general purpose technologies.
43p.
4868 Kaplow, Louis. A note on subsidizing gifts. 11p.
4855 Kashyap, Anil K. Sticky prices: new evidence from retail
catalogs. 38p.
4864 Mendoza, Enrique G., Razin, Assaf & Tesar, Linda L.
Effective tax rates in macroeconomics: cross-country
estimates of tax rates on factor incomes and consumption.
32p.
4838 Mincer, Jacob. The production of human capital and the life
cycle of earnings: variations on a theme. 42p.
4863 Schwert, G. William. Mark-up pricing in mergers and
acquisitions. 49p.
4856 Sinn, Hans-Werner. A theory of the welfare state. 38p.
4867 Slemrod, Joel, Hansen, Carl & Procter, Roger. The seesaw
principle in international tax policy. 20p.
4900 Attanasio, Orazio P. & DeLeire, Thomas C. IRA's and
household saving revisited: some new evidence. 24p.
4909 Barro, Robert J. Democracy and growth. 46p.
4904 Berndt, Ernst, et al. The roles of marketing, product
quality and price competition in the growth and composition
of the U.S. anti-ulcer . 69p.
4911 Blank, Rebecca M. The dynamics of part-time work. 66p.
4912 Borjas, George J. Ethnicity, neighborhoods, and human
capital externalities. 50p.
4872 Borjas, George J. Immigration and welfare, 1970-1990. 31p.
4901 Bresnahan, Timothy F. & Greenstein, Shane. The competitive
crash in large-scale commercial computing. 64p.
4913 Borjas, George J. & Bratsberg, Bernt. Who leaves?: the
outmigration of the foreign-born. 40p.
4897 Bovenberg, A. Lans & Goulder, Lawrence H. Optimal
environmental taxation in the presence of other taxes:
general equilibrium analysis. 35p.
4887 Caballero, Ricardo J. & Engel, Eduardo M.R.A. Explaining
investment dynamics in U.S. manufacturing: a generalized
(S,s) approach. 35p.
4874 Canes, Brandice J. & Rosen, Harvey S. Following in her
footsteps: women's choices of college majors and faculty
gender composition. 45p.
4879 Cutler, David M. Market failure in small group health
insurance. 35p.
4873 De Gregorio, Jose & Sturzenegger, Federico. Credit markets
and the welfare costs of inflation. 30p.
4895 Diamond, Peter. Insulation of pensions from political risk.
32p.
4915 Edlin, Aaron S. Cadillac contracts and up-front payments:
efficient investment under expectation damages. 29p.
4898 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.
Speculative attacks on pegged exchange rates: an empirical
exploration with special reference to the European Monet.
49p.
PAGE 83
4885 Feldstein, Martin. Fiscal policies, capital formation, and
capitalism. 36p.
4888 Feldstein, Martin & Stock, James H. Measuring money growth
when financial markets are changing. 52p.
4883 Fernandez, Raquel & Rogerson, Richard. Public education and
income distribution: a quantitative evaluation of education
finance reform. 42p.
4910 Freeman, Richard B. Crime and the job market. 43p.
4896 Goulder, Lawrence H. Environmental taxation and the "double
dividend:" a reader's guide. 39p.
4899 Greenstein, Shane. From superminis to supercomputers:
estimating surplus in the computing market. 54p.
4877 Grossman, Gene & Helpman, Elhanan. Electoral competition
and special interest politics. 32p.
4876 Grossman, Gene & Helpman, Elhanan. Foreign investment with
endogenous protection. 35p.
4906 Hamermesh, Daniel S. Aging and productivity, rationality
and matching: evidence from economists. 14p.
4886 Hart, Oliver & Moore, John. Debt and seniority: an analysis
of the role of hard claims in constraining management. 54p.
4878 Head, C. Keith, Ries, John C. & Swenson, Deborah L. The
attraction of foreign manufacturing investments: investment
promotion and agglomeration economies. 28p.
4880 Holtz-Eakin, Douglas, Penrod, John R. & Rosen, Harvey S.
Health insurance and the supply of entrepreneurs. 50p.
4889 Hooker, Mark & Knetter, Michael. Unemployment effects of
military spending: evidence from a panel of states. 30p.
4884 Hubbard, R. Glenn & Zeldes, Stephen P. Precautionary saving
and social insurance. 61p.
4907 Jung, Kooyul, Kim, Yong-Cheol & Stulz, Rene M. Investment
opportunities, managerial discretion, and the security issue
decision. 30p.
4908 Kang, Jun-Koo & Stulz, Rene M. How different is Japanese
corporate finance?: an investigation of the information
content of new security issues. 39p.
4905 Kinnaman, Thomas C. & Fullerton, Don. How a fee per unit
garbage effects aggregate recycling in a model with
heterogeneous households. 37p.
4894 Knetter, Michael M. Why are retail prices in Japan so
high?: evidence from German export prices. 21p.
4893 Obstfeld, Maurice & Rogoff, Kenneth. The intertemporal
approach to the current account. 75p.
4875 Rajan, Raghuram G. & Zingales, Luigi. What do we know about
capital structure: some evidence from international data.
53p.
4903 Razin, Assaf & Sadka, Efraim. Resisting migration: the
problems of wage rigidity and the social burden. 16p.
4870 Rodrik, Dani. What does the political economy literature on
trade policy (not) tell us that we ought to know?. 59p.
4882 Roubini, Nouriel & Milesi-Ferretti, Gian Maria. Optimal
taxation of human and physical capital in endogenous growth
models. 33p.
4881 Roubini, Nouriel & Milesi-Ferretti, Gian Maria. Taxation
and endogenous growth in open economies. 33p.
PAGE 84
4914 Ruhm, Christopher J. Economic conditions and alcohol
problems. 31p.
4902 Slemrod, Joel. Free trade taxation and protectionist
taxation. 30p.
4871 Svensson, Lars E.O. Estimating and interpreting forward
interest rates: Sweden 1992-1994. 47p.
4892 Taylor, Alan M. Domestic saving and international capital
flows reconsidered. 35p.
4891 Viscusi, W. Kip. Cigarette taxation and the social
consequence of smoking. 84p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Technical Papers.
155 Burnside, Craig & Eichenbaum, Martin. Small sample
properties of generalized method of moments based Wald
tests. 48p.
157 Heckman, James J. & Taber, Christopher R. Econometric
mixture models and more general models for unobservables in
duration analysis. 34p.
159 Bernard, Andrew B. & Durlauf, Steven N. Intepreting tests
of the convergence hypothesis. 17p.
139 West, Kenneth D. & Wilcox, David W. Some evidence on finite
sample behavior of an instrumental variables estimator of
the linear quadratic inventory mo. 35p.
165 Canjels, Eugene & Watson, Mark W. Estimating deterministic
trends in the presence of serially correlated errors. 40p.
167 Christofferson, Peter F. & Diebold, Francis X. Optimal
prediction under asymmetric loss. 36p.
164 Stock, James H. & Watson, Mark W. Evidence on structural
instability in macroeconomic time series relations. 43p.
NATIONAL OPINION RESEARCH CENTER. Economics Research Center.
94-1 Rosen, Sherwin & Flyer, Frederick. The new economics of
teachers and education. 47p.
94-2 Becker, Gary S. & Mulligan, Casey B. On the endogenous
determination of time preference. 67p.
94-3 Heckman, James, Smith, Jeffrey & Taber, Christopher.
Accounting for dropouts in evaluation of social experiments.
41p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
72 Battese, G.E. & Bernabe, M. An investigation of stochastic
frontier production functions involving farmer
characteristics using ICRISAT data fr. 38p.
71 Coelli, Tim J.. Measurement of total factor productivity
growth and biases in technological change in Western
Australia agriculture. 33p.
74 Griffiths, W.E. & Wan, A.T.K. A Bayesian estimator of the
linear regression model with an uncertain inequality
constraint. 25p.
73 Tessema, Getachew A. A Monte Carlo analysis of alternative
estimators of the Tobit model. 41p.
PAGE 85
76 Coelli, T.J. & Battesse, G.E. Identification of factors
which influence the technical inefficiency of Indian
farmers. 28p.
77 Griffiths, William E. Bayesian predictors for an AR(1)
error model. 8p.
75 O'Donnell, C.J. & Connor, D.H. Predicting the severity of
motor vehicle accident injuries using models of ordered
multiple choice. 24p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
9319 Freedman, Craig. The endowment effects and Coase's theorem:
policy implications in light of recent empirical evidence.
10p.
9325 Ahmad, Eatzaz. Capital accumulation under uncertain
lifetimes. 36p.
9324 Ahmad, Eatzaz. Life cycle consumption and labour supply
under progressive taxation. 33p.
9326 Ng, Yew-kwang & Wang, Jianguo. A case for cardinal utility
and non-artbitrary choice of commodity units. 34p.
9330 Wang, Jianguo & Ng, Yew-kwang. Pursuit of relative
conspicuous consumption in monopolistic competition. 21p.
9329 Wang, Jianguo & Yang, Xizokai. Pursuit of relative utility
and the division of labor. 22p.
9327 Wang, Jianguo & Ng, Yew-kwang. Pursuit of relative utility
in general competitive equilibrium. 27p.
9328 Wang, Jianguo & Yang, Xiaokai. Pursuit of relative utility
in monopolistic competition. 23p.
94/2 Ablett, John. A set of generational accounts for Australia:
one way of assessing the inter generational effects of
fiscal policy. 40p.
94/4 Kakwani, Nanak. Income inequality, welfare and poverty in
Ukraine. 55p.
94/1 Nguyen, Van Uu. & Truong, Truong P. Some legal and economic
aspects of build-operate-transfer projects in Vietnam. 10p.
94/3 Otto, Glenn & Voss, Graham. Long and short run interactions
of public capital, private output, and capital and hours.
43p.
94-9 Ahmad, Eatzaz. Diminishing marginal returns to work and the
intertemporal consumption work decision. 12p.
94-8 Crosby, Mark. Wage indexation and the time consistency of
government policy. 22p.
94-7 Kingston, Geoffrey & Piggott, John. The geometry of life
annuities. 8p.
94-6 Meredith, David. British trade diversion policy and the
`colonial issue' in the 1930s. 46p.
94-5 Monadjemi, Mehdi S. Fiscal policy and aggregate demand: a
study of Britain and the United States. 19p.
9410 Yang, Minxian. Canonical correlation analysis of
cointegrated processes. 34p.
9416 Ahmad, Eatzaz. Foreign capital, institutional arrangements
and economic growth. 18p.
9418 Bateman, Hazel & Piggott, John. Mandatory retirement
saving: Australia and Malayasia compared. 47p.
PAGE 86
9411 Boyce, Gordon. Accounting for managerial decision making in
British shipping, 1870-1918. 31p.
9414 Chapman, Ross, Junor, Bill & Stegman, Trevor. Cash flow
constraints and firms' investment behaviour. 27p.
9417 Fox, Kevin J. Model selection criteria and the
non-parametric estimation of technical progress. 45p.
9415 Monadjemi, Mehdi M. Do fiscal variables affect private
consumption?: evidence from Australia and the U.S. 13p.
9413 Wan, Alan T.K. Estimating the error variance after a
pre-test for an inequality restriction on the coefficients.
24p.
9412 Wan, Alan T.K. The optimal critical value of a pre-test for
an inequality restriction in a mis-specified regresion
model. 16p.
9421 Ablett, John. Generational accounting and the contribution
of migrants to the public purse in Australia. 36p.
9419 Conlon, R.M. & Perkins, J.A. Automotive industry policy in
Australia: origins, impact and prospects. 31p.
9424 Gans, Joshua. Best replies and adaptive learning. 14p.
9423 Gans, Joshua. Evolutionary selection of beliefs. 7p.
9422 Gans, Joshua. On the impossibility of rational choice under
incomplete information. 23p.
9420 Kriesler, Peter. Microfoundations: a Kaleckian perspective.
22p.
NEW YORK UNIVERSITY. Center for Applied Economics.
9345 Dargay, Joyce & Gately, Dermot. The imperfect price
reversibility of non-transportion oil demand in the OECD.
23p.
9348 de Bartolome, Charles A.M. Adjustment rates and the
second-best level of government spending. 38p.
9344 Mamuneas, Theofanis P. & Nadiri, M. Ishaq. Public R & D
policies and cost behavior of the U.S. manufacturing
industries. 44p.
9347 Nadiri, M. Ishaq & Prucha, Ingmar R. Estimation of the
depreciation rate of physical and R & D capital in the U.S.
total manufacturing sector. 30p.
9346 Partow, Zeinab & Schotter, Andrew. Does game theory predict
well for the wrong reasons?: an experimental investigation.
27p.
9343 Ramsey, James B. & Gilmore, Claire. The "business cycle" as
slowly varying coefficients. 68p.
9410 Brams, Steven J. The rationality of surprise: unstable Nash
equilibria and the theory of moves. 44p.
9407 Brams, Stephen J. & Fishburn, Peter C. When is size a
liability?: bargaining power in minimal winning coalitions.
24p.
9402 Dargay, Joyce & Gately, Dermot. The changing world
petroleum market: demand to the industrialized countries.
24p.
9411 Gately, Dermot. Strategies for OPEC's pricing decisions --
revisited. 33p.
9404 Nalbantian, Haig & Schotter, Andrew. Productivity under
group incentives: an experimental study. 45p.
PAGE 87
9401 Paroush, Jacob & Prager, Jonas. The suboptimality of
incentive contracts in a contracting model. 11p.
9405 Ramsey, James B. & Zhang, Zhifeng. The application of wave
form dictionaries to stock market index data. 31p.
9406 Ramsey, James B., Usikov, Daniel & Zaslavsky, George M. An
analysis of U.S. stock price behavior using wavelets. 31p.
9409 Ramsey, James B. & Keenan, Sean. Multi-country tests for
the oscillator model with slowly varying coefficients. 46p.
9412 ten Raa, Thijs & Wolff, Edward N. Outsourcing of services
and productivity growth in goods industries. 35p.
9408 Velasco, Andrea. Are balance of payments crises rational?.
43p.
9403 Wolff, Edward N. Trends in household wealth in the United
States: 1962-1963 and 1983-1989. 64p.
9414 Baumol, William. Predation and the logic of the average
variable cost test. 32p.
9413 Baumol, William & Gomory, Ralph E. On efficiency and
comparative advantage in trade equilibria under scale
economies. 33p.
9422 Benhabib, Jess & Velasco, Andres. On the economics of
fiscal populism in an open economy. 21p.
9420 Bernstein, Jeffrey I. & Mohnen, Pierre. International R & D
spillovers between U.S. and Japanese R & D intensive
sectors. 35p.
9418 Boettke, Peter J. Hayek's Serfdom revisited: government
failure in the argument against socialism. 37p.
9419 Boettke, Peter J. Notes on ideology and Austraian
economics. 37p.
9421 Dolton, Peter & van der Klaauw, Wilbert. The turnover of
U.K. teachers: a competing risks analysis. 69p.
9415 Jovanovic, Boyan & Nyarko, Yaw. The Bayesian foundations of
learning by doing. 68p.
9417 Merlo, Antonio & Schotter, Andrew. An experimental study of
earning in one and two person games. 62p.
9416 Prager, Jonas. Munificent obsession: the reluctant
nationalization and the protracted privatization of the
Israeli banking system. 27p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9359 Altman, Edward I., Marco, Giancarlo & Varetto, Franco.
Corporate distress diagnosis: comparisons using linear
discriminant analysis and neural networks. 46p.
9353 Brenner, Menachem & Landskroner, Yoram. Implied foreign
exchange rates using options prices. 24p.
9357 Christensen, Bent J. Efficiency gains in beta pricing
models. 14p.
9356 Christensen, Bent J. & Kiefer, Nicholas M. Local cuts and
separate inference. 23p.
9354 Kahan, Marcel & Tuckman, Bruce. Private vs. public lending:
evidence from covenants. 30p.
9355 Longstaff, Francis A. & Tuckman, Bruce. Optimal call policy
for corporate bonds. 15p.
9358 White, Lawrence J. Competition versus harmonization: an
overview of international regulation of financial services.
56p.
PAGE 88
94-4 Backus, David K. The Japanese trade balance: recent history
and future prospects. 24p.
94-5 Backus, David K. & Zin, Stanley E. Reverse engineering the
yield curve. 39p.
9360 Berger, Allen N. & Udell, Gregory F. Did risk-based capital
allocate bank credit and cause a `credit crunch' in the
U.S.?. 72p.
94-2 Economides, Nicholas. How to enhance market liquidity.
11p.
94-1 Economides, Nicholas, Hubbard, R. Glenn & Palia, Darius.
The political economy of branching restrictions and deposit
insurance: a model of monopolistic competition among sm.
29p.
94-3 Pinto, Jerald E. The forecasting performance of balanced
funds, 1965-1985. 47p.
94-6 Altman, Edward I., Eom, Young Ho & Kim, Dong Won. Distress
classification of Korean firms. 28p.
94-8 Jagtiani, Julapa, Saunders, Anthony & Udell, Gregory. The
effect of bank capital requirements on bank off-balance
sheet financial innovations. 43p.
94-7 Jagtiani, Julapa, Nathan, Alli & Sick, Gordon. Scale
economies and cost complementaries in commercial banks: on
and off balance sheet activities. 19p.
94-9 Koticha, Apoorya. Cross-currency interest rate swap
options. 26p.
9412 Altman, Edward I. & Eberhart, Allan C. Do seniority
provisions protect bondholders' investments?. 22p.
9413 Figlewski, Stephen. Forecasting volatility using historical
data. 43p.
9410 Franke, Gunter, Stapleton, Richard C. & Subrahmanyam, Marti
G. Who buys and who sells options: the role of options in a
general equilibrium model with background risk. 29p.
9411 Ho, T.S., Stapleton, Richard C. & Subrahmanyam, Marti G. A
simple technique for the valuation and hedging of American
options. 23p.
9416 Fluck, Zsuzsanna. The dynamics of the
management-shareholder conflict. 36p.
9415 Maldonado-Bear, Rita M. The rate of return on a woman's
investment in an MBA at Stern. 9p.
9414 Saunders, Anthony & Wilson, Berry. Bank capital structure:
an analysis of the charter value hypothesis. 48p.
NEW YORK UNIVERSITY. Stern School of Business.
9329 Economides, Nicholas. Mixed bundling in duopoly. 15p.
9327 Fishelson, Gideon. The response function of the Central
Bank of Israel with respect to foreign exchange 1991-1992.
28p.
9330 Stefanadis, Chris. Downstream vertical foreclosure,
upstream R & D rivalry, and the Japanese keiretsu. 34p.
9331 Stefanadis, Chris. Is mixed bundling an incentive for
vertical integration?. 18p.
9328 Tindall, Michael L. Borrowed reserve and deposit variation:
the effectiveness of Federal Reserve operation methods.
24p.
PAGE 89
8326 White, Lawrence J. International regulation of securities
markets: harmonization or competition?. 47p.
9403 Economides, Nicholas. How to enhance market liquidity.
11p.
9405 Economides, Nicholas. The incentive for vertical
integration. 22p.
9406 Economides, Nicholas & Lehr, William. The quality of
complex systems and industry structure. 39p.
9407 Stefanadis, Chris. Is downstream foreclosure a barrier to
upstream entry?. 21p.
9404 Wachtel, Paul & Rousseau, Peter. Financial intermediation
and economic growth: a historical comparison of the U.S.,
U.K., and Canada. 52p.
9402 White, Lawrence J. Market failures, government failures,
and economic development. 44p.
9401 Wolf, Holger C. Trade orientation measurement and
consequences. 86p.
9408 Antzoulatos, Angelos A. & Yang, Jiawen. Exchange rate
pass-through in U.S. manufacturing industries: a demand-side
story. 20p.
9409 Backus, David K. & Zin, Stanley E. Reverse engineering the
yield curve. 39p.
9410 Greene, William H. Accounting for excess zeros and sample
selection in Poisson and negative binomial regression
models. 34p.
9411 Wolf, Holger C. The delayed miracle: New Zealand 1984-1994.
30p.
9412 Antzoulatos, Angelos A. The excess sensitivity of
consumption to information about income: borrowing
constraints, "rule-of-thumb" behavior,. 13p.
9414 Campa, Jose M. & Chang, P.H. Kevin. Testing the
expectations hypothesis on the term structure of implied
volatilities in foreign exchange options. 28p.
9413 White, Lawrence J. U.S. banking regulation: multiple
dimensions, multiple consequences. 38p.
9416 Ansari, Asim, Economides, Nicholas & Steckel, Joel. The
max-min principle of product differentiation. 32p.
9415 Economides, Nicholas & Heisler, Jeffrey. Equilibrium fee
schedules in a monopolist call market. 30p.
9417 Calomiris, Charles W., Himmelberg, Charles P. & Wachtel,
Paul. Commercial paper, corporate finance and the business
cycle: a microeconomic perspective. 58p.
9420 De Gregorio, Jose & Wolf, Holger C. Relative price changes
across U.S. states. 14p.
9419 De Gregorio, Jose & Wolf, Holger C. Terms of trade,
productivity, and the real exchange rate. 15p.
9418 Ghosh, Atish R. & Wolf, Holger C. How many monies?: a
genetic approach to finding optimum currency areas. 27p.
9421 Ghosh, Atish R. & Wolf, Holger C. Pricing in international
markets: lessons from "The Economist". 20p.
9422 Economides, Nicholas. Quality choice and vertical
integration. 15p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1070 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of customs unions. 53p.
PAGE 90
1075 Celentani, Marco, et al. Maintaining a reputation against a
patient opponent. 20p.
1081 Gilboa, Itzhak & Schmeidler, David. Act-similarity in
case-based decision theory. 28p.
1073 Iorio, Karl & Manelli, Alejandro M. Sequential equilibria
and cheap talk in infinite signalling games, part 1:
sequential equilibria. 35p.
1074 Iorio, Karl & Manelli, Alejandro M. Sequential equilibria
and cheap talk in infinite signalling games, part 2: cheap
talk. 24p.
1077 Kalai, Ehud & Lehrer, Ehud. Subjective games and
equilibria, I. 58p.
1067 Marx, Leslie M. Monotonicity of solution sets for
parameterized optimization problems. 43p.
1066 Marx, Leslie M. & Swinkels, Jeroen M. Order independence
for iterated weak dominance. 17p.
1065 Matsui, Akihiko & Matsuyama, Kiminori. An approach to
equilibrium selection. 27p.
1079 Matsuyama, Kiminori. Toward an economic theory of pattern
formation. 16p.
1080 Mount, Kenneth R. & Reiter, Stanley. On modeling computing
with human agents. 35p.
1082 Reiter, Stanley. On endogenous economic regulation. 38p.
1069 Rogerson, William P. Choice of treatment intensities by a
nonprofit hospital under prospective pricing. 57p.
1078 Rogerson, William P. Economic incentives and the defense
procurement process. 76p.
1076 Swinkels, Jeroen M. Independence for conditional
probability systems. 14p.
1083 Aragones, Enriqueta & Neeman, Zvika. Strategic ambiguity in
electoral competition. 26p.
1071 Boldrin, Michele & Persico, Nicola. A chaotic map arising
in the theory of endogenous growth. 28p.
1068 Boldrin, Michele & Horvath, Michael. Labor contracts and
business cycles. 36p.
1089 Diermeier, Daniel & Myerson, Roger B. Bargaining, veto
power, an legislative committees. 32p.
1084 Houantchekon, Leonard M. A model of electoral competition
with outside options. 25p.
1087 Jackson, Matthew O. & Peck, James. Costly information
acquisition, price volatility, and efficiency in competitive
market games. 36p.
1088 Machina, Mark J. & Schmeidler, David. Bayes without
Bernoulli: simple conditions for probabilistically
sophisticated choice. 22p.
1090 Maruta, Toshimasa. Information structure on maximal
consistent sets. 24p.
1086 Matsuyama, Kiminori & Takahashi, Takaaki. Self-defeating
regional concentration. 40p.
1085 Mount, Kenneth R. & Reiter, Stanley. A lower bound on
computational complexity given by revelation mechanisms.
46p.
1101 Jackson, Matthew O. & Manelli, Alejandro M. Approximate
competitive equilibria in large economies. 29p.
PAGE 91
1098 Jackson, Matthew O. & Wolinsky, Asher. A strategic model of
social and economic networks. 29p.
1094 Lizzeri, Alessandro. Information revelation and
certification intermediaries. 32p.
1097 Miravete, Eugenio J. Learning by doing and protection of an
infant industry. 78p.
1095 Myerson, Roger B. Analysis of democratic institutions:
structure, conduct, and performance. 22p.
1103 Myerson, Roger B. Extended Poisson games and the Condorcet
jury theorem. 16p.
1102 Myerson, Robert B. Population uncertainty and Poisson
games. 31p.
1092 Neeman, Zvika. Property rights and efficiency of public
good mechanisms under asymmetric information. 30p.
1091 Saari, Donald G. A chaotic exploration of aggregation
paradoxes. 19p.
1093 Vila, Xavier. A criterion for evolutionary stability in
repeated games played by finite automata. 33p.
1100 Williams, Steven R. A characterization of efficient,
Bayesian incentive compatible mechanisms. 28p.
1099 Wolinsky, Asher. Competition in markets for credence goods.
23p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
11/93 Asheim, Geir B. Defining rationalizability in 2-player
extensive games. 30p.
7/93 Pedersen, Karl R. On development aid, income distribution,
and poverty traps. 22p.
8/93 Pedersen, Karl R. On the development aid and low-investment
traps. 18p.
9/93 Pedersen, Karl R. On the political economy of urban bias in
Third World development. 35p.
10/93 Pedersen, Karl R. Rent-seeking, political influence and
productive investment: a simple analytical example. 39p.
12/93 Tungodden, Bertil. A comment on separability in poverty
measures. 13p.
1/94 Lommerud, Kjell E. & Sorgard, Lars. Mergers, product range
rivalry, and welfare. 30p.
3/94 Sandmo, Agnar & Wildasin, David E. Taxation, migration, and
pollution. 25p.
2/94 Thogerson, Oystein. International diversification and oil
price risk. 14p.
4/94 Bjerksund, Petter & Schjelderup, Guttorm. Capital flight
and the efficiency of capital controls. 26p.
5/94 Osmundsen, Petter. Taxation and regulation of petroleum
companies under asymmetric information: a static adverse
selection model. 27p.
6/94 Salvanes, Kjell G. & Squires, Dale. Managing and valuing
the commons: an inverse derived demand approach. 39p.
7/94 Osmundsen, Petter. Petroleum taxation with adverse
selection: interactions of dynamics in costs and
information. 35p.
8/94 Haaland, Jan I. Trade effects of European integration.
25p.
PAGE 92
9/94 Sandmo, Agnar. Public finance and the environment. 23p.
10/94 Bjerksund, Petter & Schjelderup, Guttorm. Capital controls
and tax competition. 13p.
13/94 Gabrielsen, Tommy S. & Sorgard, Lars. Discount chains and
brand policy. 29p.
12/94 Klovland, Jan T. A reassessment of the United Kingdom
business cycle chronology 1850-1914. 63p.
11/94 Raffelhuschen, Bernd & Steigum, Erling. Deficit spillovers,
labor supply and intergenerational welfare. 23p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
314 Kuga, Kiyoshi. Budget constraint of a firm and economic
theory. 25p.
312 Oniki, Hajime, et al. The productivity effects of the
liberalization of Japanese telecommunication policy. 24p.
311 Shintani, Mototsugu. Cointegration and tests of the
permanent income hypothesis: Japanese evidence with
international comparisons. 33p.
324 Oniki, Hajime. Japanese telecommunications as network
industry: industrial organization for the BISDN generation
technology. 18p.
321 Ono, Yoshiyasu. Effective demand shortage in a two-country
economy and the role of currency: a Mundell-Fleming model w/
dynamic opt. 29p.
320 Ono, Yoshiyasu & Shibata, Akihasa. Long-run specialization.
21p.
315 Serizawa, Shigehiro. Extension of "voting by committees" to
a model with multiple consumption level. 25p.
316 Serizawa, Shigehiro. An impossibility theorem in pure
public goods economies with feasibility constraints: voting
by committees in non-r. 20p.
317 Serizawa, Shigehiro. Power of voters and domain of
preferences where voting by committees is strategy-proof.
10p.
318 Serizawa, Shigehiro. Strategy-proof and individually
rational social choice functions for public goods economies.
45p.
323 Yoon, Chang-Ho. Entrepreneurial development in late
industrialization: a transaction costs analysis. 23p.
319 Yoshida, Atsushi & Hori, Keiichi. Specification tests for
stochastic frontier models using panel data. 30p.
331 Albrecht, James W. & Vroman, Susan B. Unemployment
compensation finance and efficiency wages. 30p.
333 Matsumura, Toshihiro. Cournot duopoly with two production
periods yield Stackelberg outcomes. 16p.
330 Shibata, Akihisa & Shintani, Motosugu. Capital mobility in
the world economy: an alternative measure. 23p.
328 Tsuneki, Atsushi. A reexamination of Harold Hotelling's
proof of the optimality of marginal cost pricing. 14p.
326 Yoshida, Atsushi. Generalized two error components models:
estimation and Hausman's specification tests. 17p.
327 Yoshida, Atsushi. Specification tests for fixed effect
models: asymptotic extension of covariance analysis. 19p.
PAGE 93
342 Hatta, Tatsuo. Why not set tariffs uniformly rather than
optimally?. 31p.
343 Hatta, Tatsuo & Oguchi, Noriyoshi. The net pension debt of
the Japanese government. 44p.
334 Iritani, Jun & Kuga, Kiyoshi. Professor Yamada on optimal
taxation. 27p.
338 Ito, Masaru, Saijo, Tatsuyoshi & Une, Masashi. The tragedy
of the commons revisited: identifying behavioral principles.
24p.
337 Matsumura, Toshihiro. Cournot duopoly with multi-period
competition: inventory as a coordination device. 26p.
335 Matsumura, Toshihiro. Endogenous timing in multi-stage
duopoly games. 16p.
341 Matsumura, Toshihiro & Ryser, Marc. Revelation of private
information about unpaid notes in the trade credit bill
system in Japan. 35p.
336 Saijo, Tatsuyoshi, Tatamitani, Yoshikatsu & Yamato,
Takehiro. Equal and unequal treatments of prices in natural
implementation. 22p.
340 Saijo, Tatsuyoshi, Tatamitani, Yoshikatsu & Yamata,
Takehiro. Toward natural implementation. 54p.
339 Wako, Jun. A note on the competitive allocations in a
market with indivisible goods. 12p.
UNIVERSITY OF OTTAWA. Department of Economics.
9402 Atukeren, Erdal. Grading the decisiveness of evidence from
Granger causality tests: a model portfolio approach. 23p.
9401 Bloom, David E. & Grenier, Gilles. Language, employment,
and earnings in the United States: Spanish-English
differentials from 1970 to 1990. 32p.
9403 Grafton, R. Quentin & Devlin, Rose Anne. Generating revenue
from marketable emission permits: efficiency and
profitability. 30p.
9320 Plourde, Andre & Ryan, David L. Government policy and
access to natural gas service in Canada. 27p.
9404 Gray, David. Are displaced manufacturing workers
unemployable?: a sectoral analysis of aggregated jobless
duration data. 40p.
9405 LaCasse, C. Collusive outcomes in a Bertrand game with
incomplete information. 49p.
9406 Plourde, Andre & Watkins, G.C. Crude oil prices between
1985 and 1992: how volatile in relation to other
commodities?. 92p.
9407 Grafton, R. Quentin. Individual transferable quotas: theory
and practice. 30p.
9409 Gray, David M. & Grenier, Giles. Plant closure and jobless
durations: signalling and search behavior in Canada. 34p.
9411 Day, Kathleen M. & Davlin, Rose Anne. Can volunteer work
help explain the male-female earnings gap?. 38p.
9412 Day, Kathleen M. & Devlin, Rose Anne. An empirical analysis
of corporate giving in Canada. 49p.
9410 LaCasse, Chantale & Ross, Don. Taking away morality's last
chance: a game theoretic assessment of economic
contractarianism. 55p.
PAGE 94
9413 Dagum, Camilo. Human capital, income and wealth
distribution models with applications. 18p.
9414 Dagum, Camilo. The scope and method of economics as a
science. 48p.
9415 Barham, Vicky & Wooders, Myrna H. First and second welfare
theorems for economies with collective goods. 38p.
9416 Houantchekon, Leonard. Tournaments and optimal contracts
for teams in rural West Africa. 25p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9327 Cass, David & Citanna, Alessandro. Pareto improving
financial innovation in incomplete markets. 21p.
9326 Gouveia, Miguel. Majority rule and public provision of
health care. 34p.
9402 Green, Edward J & Zhou, Ruilin. Sequential stratified
sampling. 50p.
9328 Lagunoff, Roger D. On the dynamic selection of mechanisms
as clubs for the provision of a public project. 25p.
9401 Matsui, Akihiko. Expected utility and case-based reasoning.
31p.
9404 Bergemann, Dirk & Valimaki, Juuso. Learning and strategic
pricing. 43p.
9403 Grant, Simon & Kajii, Atsushi. Bargaining, boldness and
Nash outcomes. 20p.
9325 Ohanian, Lee E. & Stockman, Alan C. Short-run independence
of monetary policy under pegged exchange rates and effects
of money on exchange rates and in. 36p.
9407 Cass, David & Citanna, Alessandro. Pareto improving
financial innovations in incomplete markets. 29p.
9406 Citanna, Alessandro, Kajii, Atsushi & Villanacci, Antonio.
Constrainted suboptimality in incomplete markets: a general
approach and two applications. 32p.
9405 Lagunoff, Roger D. & Matsui, Akihiko. Evolution in
mechanisms for public projects. 35p.
9410 Engineer, Merwin & Shi, Shouyong. Bargaining-induced
transaction demand for fiat money. 51p.
9408 Li, Yiting. Commodity money under private information.
20p.
9409 Lisboa, Marcos de Barros. Generic local uniqueness in the
Walrasian model: a pedagogical note. 20p.
9412 Lagunoff, Roger. On the evolution of Pareto optimal
behavior in repeated coordination problems. 28p.
9413 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Evolution and endogenous interactions. 28p.
9414 r Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
How proper is sequential equilibrium?. 24p.
9415 Kajii, Atsushi & Morris, Stephen. Common p-belief: the
general case. 14p.
9417 Kajii, Atsushi & Morris, Stephen. Payoff continuity in
incomplete information games and almost uniform convergence
of beliefs. 28p.
9416 Morris, Stephen & Shin, Hyun Song. Impact of public
announcements on trade in financial markets. 14p.
PAGE 95
UNIVERSITY OF PENNSYLVANIA. Fishman-Davidson Ctr. (Service Sect).
68 Harker, Patrick T. Services and technology: reengineering
the railroads. 25p.
UNIVERSITY OF PENNSYLVANIA. Int'l. Economics Research Center.
29 Ethier, Wilfred J. An antidumping law with a distorted home
market. 25p.
31 Ethier, Wilfred J. The international interaction of
economic societies. 20p.
30 Ethier, Wilfred J. Multinational firms in the theory of
international trade. 22p.
28 Ethier, Wilfred J. Ronald Jones and the theory of
international trade. 22p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
46 Blake, John, Amat, Oriol & Fortes, Hilary. The relationship
between tax regulations and financial accounting: a
comparison of Germany, Spain & the U.K. 35p.
45 Gali, Jordi. Monopolistic competition, business cycles, and
the composition of aggregate demand. 39p.
47 Rodriguez, Diego & Vayanos, Dimitri. Decentralization and
the management of competition. 27p.
49 Amat, Oriol & Blake, John. Control of the costs of quality
management: a review of current practice in Spain. 25p.
54 Cabrales, Antonio. Stochastic replicator dynamics. 57p.
53 Lopez, Angel. An assessment of the Encuesta Continus de
Presupuestos Familiares (1985-89) as a source of information
for applied . 28p.
52 Lopez, Angel. The demand for private transport in Spain: a
microeconometric approach. 41p.
50 Prisbrey, Jeffrey E. A bounded rationality evolutionary
model for behavior in two person reciprocity games. 33p.
48 Rodriguez, Diego & Stoker, Thomas M. A regression test of
semiparametric index model specification. 53p.
51 Tilis, Lisa B. Economic applications of genetic algorithms
as a Markov process. 33p.
61 Argiles, Josep M. Survey on commercial and economic
collaboration between companies in the EEC and former
Eastern Bloc countries. 22p.
59 de la Fuente, Angel & Vigueras, Jose M.M. Innovation,
"Bank" monitoring and endogenous financial development.
45p.
60 Gali, Jordi. Expectations-driven spatial fluctuations.
26p.
58 Vigueras, Jose M.M. & Suda, Shinichi. A model of financial
markets with default and the role of "ex-ante" redundant
assets. 26p.
63 Alonso, Irasema. Patterns of exchange, fiat money, and the
welfare costs of inflation. 26p.
55 Cabrales, Antonio & Hoshi, Takeo. Heterogeneous beliefs,
wealth accumulation, and asset price dynamics. 54p.
PAGE 96
66 Clarida, Richard & Gali, Jordi. Sources of real exchange
rate fluctuations: how important are nominal shocks?. 81p.
65 Gali, Jordi & Zilibotti, Fabrizio. Endogenous growth and
poverty traps in a Cournotian model. 25p.
34 Garcia-Fontes, Walter. Price competition in segmented
industries. 21p.
67 Ireland, John. A DPP evaluation of efficiency gains from
channel-manufacturer cooperation on case counts. 27p.
37 Marimon, Ramon & Sunder, Shyam. Expectations and learning
under alternative monetary regimes: an experimental
approach. 56p.
56 Nicolini, Juan P. More on the time inconsistency of optimal
monetary policy. 22p.
64 Rahi, Rohit. Adverse selection and security design. 18p.
62 Rojas, German. Optimal taxation in a stochastic growth
model with public capital: crowding-in effects and
stabilization policy. 53p.
16 Satorra, Albert. Multi-sample analysis of moment
structures: asymptotic validity of inferences based on
second order moments. 19p.
57 Tillis, Lisa B. Income distribution and growth: a
re-examination. 30p.
68 Ireland, John. How products' case volume influence
supermarket shelf space allocations and profits. 25p.
69 Zilibotti, Fabrizio. Foreign invesments, enforcement
constraints and human capital accumulation. 38p.
72 Giordano, Raffaela. A model of information and reputation
with wage bargaining. 35p.
71 Giovannetti, Giorgia. Import pricing, domestic pricing and
market structure. 22p.
70 Marianov, Vladimir & Serra, Daniel. Probabilistic maximal
covering location models for congested systems. 16p.
75 Amat, Oriol, Blake, John & Dowds, Jack. Issues in the use
of the cash flow statement: experience in some other
countries. 33p.
82 Barro, Robert J. & Mankiw, N. Gregory. Capital mobility in
neoclassical models of growth. 29p.
80 Cuadras-Morato, Xavier. Perishable medium of exchange (can
ice cream be money?). 46p.
76 Marcet, Albert & Marshall, David A. Solving nonlinear
rational expectations models by parameterized expectations:
convergence to stationary solutions. 56p.
79 Sala-i-Martin, Xavier. Cross-sectional regressions and the
empirics of economic growth. 11p.
77 Sala-i-Martin, Xavier. Lecture notes on economic growth
(I): introduction to the literature and neoclassical models.
57p.
78 Sala-i-Martin, Xavier. Lecture notes on economic growth
(II): five prototype models of endogenous growth. 39p.
74 Serra, Daniel, Ratick, Samuel & ReVelle, Charles. The
maximum capture problem with uncertainty. 15p.
89 Amat, Oriol, Blake, John & Clarke, Julia. Bank financial
analyst's response to lease capitalization in Spain. 15p.
88 Bailen, Jose M. Basic research, product innovation, and
growth. 28p.
PAGE 97
84 Barro, Robert J. & Sala-i-Martin, Xavier. Quality
improvements in models of growth. 43p.
85 Drudi, Francesco & Giordano, Raffaela. Optimal wage
indexation in a reputational model of monetary policy
credibility. 30p.
87 Garcia-Fontes, Walter & Motta, Massimo. Quality of
professional services under price floors. 21p.
86 Helmenstein, Christian & Yegorov, Yury. The dynamics of
migration in the presence of chains. 45p.
83 Jimenez-Martin, Sergi. The wage-setting process in Spain:
Is it really only about wages?. 48p.
PRINCETON UNIVERSITY. Industrial Relations Section.
325 Babcock, Linda, et al. Forming beliefs about adjudicated
outcomes: risk attitudes, uncertainty, and reservation
values. 22p.
322 Card, David & Lemieux, Thomas. Changing wage structure and
black-white wage differentials: a longitudinal analysis.
23p.
324 Farber, Henry S. & Gowa, Joanne. Politics and peace. 35p.
326 Kane, Thomas J. & Rouse, Cecelia E. Comment on W. Norton
Grubb, "The varied economic returns to postsecondary
education: new evidence from the class of. 19p.
323 Krueger, Alan B. Observations on employment-based
government mandates, with particular reference to health
insurance. 45p.
327 Card, David & McCall, Brian P. Is workers' compensation
covering uninsured medical costs?: evidence from the "Monday
effect". 34p.
328 Farber, Henry S. & Gibbons, Robert. Learning and wage
dynamics. 62p.
330 Krueger, Alan B. The effect of the minimum wage when it
really bites: a reexamination of the evidence from Puerto
Rico. 33p.
329 Krueger, Alan & Rouse, Ceclia. New evidence on workplace
education. 31p.
331 Card, David. Earnings, schooling, and ability revisited.
42p.
332 Forslund, Anders & Krueger, Alan B. An evaluation of the
Swedish active labor market policy: new and received wisdom.
57p.
334 Card, David & Krueger, Alan B. The economic return to
school quality: a partial survey. 35p.
333 Card, David & Krueger, Alan B. A living wage?: the effects
of the minimum wage on the distribution of wages, the
distribution of family earnings, . 61p.
336 Hallock, Kevin F. Seniority and monopsony in the academic
labor market: comment. 6p.
335 Park, Jin Heum. Returns to schooling: a peculiar deviation
from linearity. 35p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
191 Garber, Peter M. & Spencer, Michael G. The dissolution of
the Austro-Hungarian empire: lessons for currency reform.
46p.
PAGE 98
192 Mikesell, Raymond F. The Bretton Woods debates: a memoir.
64p.
193 Bird, Graham. Economic assistance to low-income countries:
should the link be resurrected?. 29p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
75 Klug, Adam. The German buybacks, 1932-1939: a cure for
overhang?. 66p.
76 Bayoumi, Tamim & Eichengreen, Barry. One money or many?:
analyzing the prospects for monetary unification in various
parts of the world. 39p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
165 Grossman, Gene M. & Helpman, Elhanan. Endogenous innovation
in the theory of growth. 36p.
166 Grossman, Gene M. & Helpman, Elhanan. The politics of free
trade agreements. 49p.
167 Grossman, Gene M. & Krueger, Alan B. Economic growth and
the environment. 35p.
169 Grossman, Gene M., Krueger, Alan B. & Laity, James.
Determinants of air pollution in U.S. counties. 65p.
168 Kandori, Michihiro & Matsushima, Hitoshi. Private
observation and communication in implicit collusion. 39p.
171 Galetovic, Alexander. Credit market structure, firm
quality, and long-run growth. 34p.
170 Galetovic, Alexander. Financial intermediation, resource
allocation and long-term growth. 30p.
172 Besley, Timothy J. & Rosen, Harvey S. Sales taxes and
prices: an empirical analysis. 42p.
174 Grossman, Gene M. & Helpman, Elhanan. Electoral competition
and special interest politics. 32p.
173 Grossman, Gene M. & Helpman, Elhanan. Foreign investment
with endogenous protection. 35p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Prog. in Development.
173 Chaudhuri, Shubham & Paxson, Christina. Consumption
smoothing and income seasonality in rural India. 49p.
174 Besley, Timothy & Case, Anne. Diffusion as a learning
process: evidence from HYV cotton. 65p.
175 Subramanian, Shankar & Deaton, Angus. The demand for food
and calories. 29p.
PURDUE UNIVERSITY. Center for Int'l. Business Ed. & Research.
9410 Carlson, John A. & Schodt, David W. Beyond the lecture:
case teaching and the learning of economic theory. 20p.
9409 Carlson, John A. & Kim, Insook. Leaning against the wind:
do central banks necessarily lose?. 15p.
9402 de Vries, Casper G. & Leuven, K.U. Stylized facts of
nominal exchange rate returns. 57p.
9401 Koedijk, Kees G., Stork, Phillip A. & de Vries, Casper G.
Between realignments and interventions: the Belgian Franc in
the European Monetary System. 24p.
PAGE 99
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1051 Mehta, Shailendra R. The law of one price and a theory of
the firm: a Ricardian perspective on interindustry wages.
25p.
1042r Kalwani, Manohar U. & Narayandas, Narakesari. Long-term
manufacturers-supplier relationships: do they pay off for
supplier firms?. 43p.
1056 Deneckere, Raymond J. & Kovenock, Dan. Capacity-constrained
price competition when unit costs differ. 51p.
1059 Desai, Preyas. Advertising fee in business format
franchising. 36p.
1057 Desai, Preyas & Chu, Wujin. Channel coordination mechanisms
for customer satisfaction. 34p.
1058 Desai, Preyas & Srinivasan, Kannan. Demand signalling under
unobservable effort in franchising: linear and nonlinear
price contracts. 32p.
1054 Matheny, Kenneth J. Increasing returns and monetary policy.
37p.
1055 Miller, Kent D. Measuring organizational downside risk.
29p.
1053 Srinivasan, Raji, Woo, Carolyn Y. & Cooper, Arnold C.
Performance determinants for male and female entrepreneurs.
14p.
1062 Allen, Beth, et al. Capacity precommitment as a barrier to
entry: a Bertrand-Edgeworth approach. 50p.
1061 Desai, Preyas & Srinivasan, Kannan. Aggregate versus
product-specific pricing: implications for franchise and
traditional channels. 37p.
1063 Ledyard, John O, Noussair, Charles & Porter, David. The
allocation of a shared resource within an organization.
53p.
1067 Bhawnani, Vijay & Kadiyala, K. Rao. Empirical investigation
of exchange rate behavior in developing countries. 34p.
1064 Bhawnani, Vijay, Carlson, John A. & Kadiyala, K. Rao.
Speculative attacks and balance of payments crises in
developing economies with dual exchange rate regimes: the
Mex. 25p.
1065 Erwin, Gayle R. & McConnell, John J. To live or let die?:
an empirical analysis of voluntary corporate liquidations,
1970-1991. 32p.
1066 Tashjian, Elizabeth, Lease, Ronald C. & McConnell, John J.
Prepacks: an empirical analysis of prepackaged bankruptcies.
42p.
UNIV. DU QUEBEC. Centre de Rech. sur l'Emploi et les Fluc. Econ.
18 Cardia, Emmanuela & Ambler, Steve. The cyclical behavior of
wages and profits under imperfect competition. 22p.
22 Fortin, Pierre & Prevost, Simon. Job search intensity of
the long term unemployed: evidence from a panel of S.E.
Montreal workers. 18p.
23 Fortin, Pierre. Slow growth, unemployment and debt: what
happened? what can we do?. 40p.
PAGE 100
24 Normandin, Michel & Phaneuf, Louis. Monetary policy shocks
and the labor market. 29p.
27 Ambler, Steve, Cardia, Emanuela & Farazli, Jeannine. Export
promotion and growth. 39p.
25 Ambler, Steve & Paquet, Alain. Recursive methods for
computing equilibria of general equilibrium dynamic
Stackelberg games. 17p.
30 Cho, Jang-Ok, Cooley, Thomas F. & Phaneuf, Louis. The
welfare costs of nominal wage contracting. 19p.
28 Fortin, Pierre. A diversified strategy for deficit control:
combining faster growth with fiscal discipline. 53p.
26 Merrigan, Philip. Family labor supply and the life cycle:
estimating the Browning, Deaton and Irish household models.
55p.
29 Merrigan, Philip & Normandin, Michel. Precautionary saving
motives: an assessment from U.K. time series of cross
sections. 30p.
UNIVERSITE DU QUEBEC A MONTREAL. Dept. des Sciences Economiques.
9315 Miller, Victoria. Exchange rate crises with domestic bank
runs: evidence from the 1890's. 22p.
9406 Bernstein, Jeffrey I. & Mohnen, Pierre. International R & D
spillovers between U.S. and Japanese R & D intensive
sectors. 35p.
9403 Leonard, Robert J. Reason, ethics and rigour: Morgenstern,
Menger, and mathematical economics, 1928-1944. 50p.
9404 Miller, Victoria. Political instability and the cost and
maturity of government debt. 26p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
888 Bernhardt, Dan & Hughson, Eric. Splitting orders. 33p.
893 Bernhardt, Dan & Lloyd-Ellis, Huw. Enterprise, inequality
and economic development. 73p.
891 Biswal, Bagala P. Providing public school education in
developing countries: a theoretical analysis. 48p.
890 Boadway, Robin W. & Keen, Micheal. Evasion and time
consistency in the taxation of capital income. 22p.
895 Bernhardt, Dan., Robertson, J. Fiona & Farrow, Ray. Testing
dividend signalling models. 27p.
894 Devereux, Michael B., Head, Allen C. & Lapham, Beverly J.
Monopolistic competition, increasing returns, and the
effects of government spending. 25p.
897 Milne, Frank & Kelsey, David. Induced preference and
decision-making under risk and uncertainty. 22p.
898 Prachowny, Martin. Competition in the U.S. labor market.
18p.
896 St-Amour, Pascal. State-dependent risk aversion. 39p.
899 Goldin, Claudia. The meaning of college in the lives of
American women: the past one-hundred years. 51p.
900 Jha, Ragbendra & Singh, Subansh P. Inter-temporal and
cross-section variations in technical efficiency in the
Indian railways. 26p.
PAGE 101
892 Holt, Debra J.. Coherent belief revision and equilibrium
selection in games. 19p.
903 Davidson, Russell & MacKinnon, James G. Graphical methods
for investigating the size and power of hypothesis tests.
23p.
901 Gregory, Allan W. & Smith, Gregor W. Measuring business
cycles with business-cycle models. 20p.
904 Ferrall, Christopher. Unemployment insurance and youth
labor market behavior in Canada and the United States. 38p.
908 Ferrall, Christopher & Shearer, Bruce. Incentives, team
production, transaction costs, and the optimal contract:
estimates of an agency model using payrol. 56p.
902 Gregory, Allan W., Head, Allen C. & Raynauld, Jacques.
Measuring world business cycles. 32p.
906 Milne, Frank & Neave, Edwin H. Standardized variables and
optimal risky investment. 22p.
907 Milne, Frank & Neave, Edwin H. Standarized variables, risk,
and preference. 19p.
905 Powell, Lisa M. The impact of child care costs on female
labour supply: evidence from Canada. 22p.
910 Boadway, Robin W. The role of second-best theory in public
economics. 31p.
909 Shi, Shouyong & Wen, Quan. Unemployment and the dynamic
effects of factor income taxation. 33p.
QUEEN'S UNIVERSITY. Institute for the Study of Economic Policy.
17 Beach, Charles M. & Slotsve, George A. Polarization of
earnings in the Canadian labour market: a non-microdata
approach. 88p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
367 Bils, Mark & McLaughlin, Kenneth J. Inter-industry mobility
and the cyclical upgrading of labor. 36p.
370 Greenwood, Jeremy & Huffman, Gregory W. On the existence of
nonoptimal equilibria in dynamic stochastic economies. 15p.
369 NcKenzie, Lionel W. The core and competitive equilibria in
finite economies. 21p.
368 Ohyama, Michiro & Jones, Ronald W. Technology choice,
overtaking and comparative advantage. 36p.
372 Banks, Jeffrey S. Singularity theory and core existence in
the spatial model. 22p.
373 Berliant, Marcus & Konishi, Hideo. The endogenous formation
of a city: population agglomeration and marketplaces in a
location specific production eco. 50p.
374 Easterly, William, et al. Policy, technology adoption and
growth. 19p.
371 Gouveia, Miguel & Strauss, Robert P. Effective federal
individual income tax functions: an exploratory empirical
analysis. 29p.
378 Hansen, Bruce E. Rethinking the univariate approach to unit
root testing: using covariates to increase power. 31p.
377 Kahn, James A. & Lim, Jong-Soo. On the contribution of
human capital to growth: theory, identification, and
evidence. 30p.
PAGE 102
379 Kakkar, Vikas & Ogaki, Masao. Real exchange rates and
nontradables. 50p.
376 Tadenuma, Koichi & Thomson, William. Refinements of the
no-envy solution in economies with indivisible goods. 18p.
380 Thomson, William. Cooperative models of bargaining. 65p.
375 Thomson, William. Population-monotonic allocation rules.
51p.
384 Bush, Clarence A. Generalized inverse estimation of partial
elasticities of substitution: a complete demand system w/
exclusion restr. 32p.
385 Bush, Clarence A. Interdependent preferences and status: a
taxonomy of demand. 28p.
387 Bush, Clarence A. Interdependent preferences and status in
consumption: empirical evidence. 25p.
386 Bush, Clarence A. Seemingly unrelated singular systems of
equations. 26p.
382 Correia, Isabel, Neves, Joao C. & Rebelo, Sergio. Business
cycles in a small open economy. 34p.
383 Crucini, Mario J. & Kahn, James. Tariffs and aggregate
economic activity: lessons from the Great Depression. 47p.
381 Leung, Siu Fai. Uncertain lifetime and saving. 27p.
390 Baxter, Marianne. International trade and business cycles.
69p.
391 Bird, Edward J. Repairing the safety net: is the Earned
Income Tax Credit the right patch?. 45p.
392 Boyd, John H. The existence of steady states in multisector
capital accumulation models with recursive preferences.
12p.
389 Clarke, George R.G & Strauss, Robert P. Children as income
producing assets: the case of teen illegitimacy and
government transfers. 53p.
394 Greenwood, Jeremy, MacDonald, Glenn M. & Zhang, Guang-Jia.
The cyclical behavior of job creation and job destruction: a
sectoral model. 21p.
388 Hanushek, Eric A. & Rivkin, Steven G. Understanding the
20th century explosion in U.S. school costs. 30p.
393 McKenzie, Lionel W. The competitive equilibrium turnpike.
19p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
18 Bollino, Carlo A. & Padoan, Pier Carlo. Trade elasticities,
specialization and growth potential. 40p.
20 De Arcangelis, Guiseppe. Optimality of the target zone
regime. 46p.
25 de Cecco, Marcello. Central bank cooperation in the
inter-war period: a view from the periphery. 31p.
24 Guerrieri, Paolo & Tylecote, Andrew. National competitive
advantages and microeconomic behavior. 32p.
19 Padoan, Pier Carlo. Looking back at the EMS: technological
leadership, exchange rate constraints, and sustainability.
20p.
22 Petit, Maria Luisa & Tolwinski, Boleslaw. R & D cooperation
or competition?. 41p.
PAGE 103
23 Sabani, Laura. Testing for nonlinearity in the exchange
rate data series: an empirical investigation of the lira/$
spot rate. 22p.
21 Sanna-Randaccio, Francesca. The non equivalence of tariff
and non tariff barriers: the case of foreign direct
investment. 20p.
UNIVERSITY OF SAARLAND. Department of Economics.
9302 Feld, Lars P., Pommerehne, Werner W. & Hart, Albert.
Private provision of a public good: a case study. 27p.
9303 Frey, Bruno S. & Pommerehne, Werner W. Economics, democracy
and arts: love's labor lost?. 10p.
9401 Pommerehne, Werner W. & Hart, Albert. Tragic choice and
collective decision-making: a case study. 24p.
SANTA FE INSTITUTE. Economics Research Program.
9410 Grannan, E.R. & Swindle, G.H. Contrarians and volatility
clustering. 27p.
9414 Arthur, W. Brian. Inductive reasoning, bounded rationality,
and the bar problem. 9p.
9413 Vriend, Nicholaas J. Self-organized markets in a
decentralized economy. 34p.
9418 Weisbuch, Gerard, Gutowitz, Howard & Duchataeau-Nguyen,
Guillemette. Dynamics of economic choices involving
pollution. 19p.
9430 Kirman, Alan P. Economies with interacting agents. 41p.
9429 Shubik, Martin. Why equilibrium?: a note on the
noncooperative equilibria of some matrix games. 4p.
UNIVERSITY OF SASKATCHEWAN. Department of Economics.
94-1 Cordella, Tito & Datta, Majira. Intertemporal Cournot and
Walras equilibria: an illustration. 17p.
SEOUL NATIONAL UNIVERSITY. Institute of Economic Research.
9401 Carroll, Christopher D., Rhee, Byung-Kun & Rhee, Chang-yong.
Are there cultural effects on saving?: cross-sectional
evidence. 22p.
9403 Hong, Keehyun. The role of substitution in Wicksell's
durable capital model. 15p.
9402 Lee, Keun. Making another East Asian success in China.
44p.
9405 Garfinkel, Michelle R. & Oh, Seonghwan. When and how much
to talk: credibility and flexibility in monetary policy with
private information. 21p.
9404 Montes, Manuel F. & Lee, Keun. An interpretation of East
and Southeast Asian development: in light of current
development issues in China. 58p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Econ-Anderson Series.
9314 Abdel-Latif, Abla M. & Nugent, Jeffrey B. The role of
barter trade in promoting non-traditional exports: a note on
the Egyptian experience. 18p.
PAGE 104
9316 Arguea, Nestor M., Hsiao, Cheng & Taylor, Grant A.
Estimating consumer preferences using market data: an
application to U.S. automobile demand. 32p.
9315 Cason, Timothy N. Cheap talk price signaling in laboratory
posted offer markets. 37p.
9318 Chu, Chia-Shang J. Detecting parameter shift in generalized
autoregressive conditional heteroskedasticity models. 25p.
9319 Chu, Shia-Shang J & Hornik, Kurt. MOSUM tests for parameter
constancy. 29p.
9322 Day, Richard H., Wang, Zhigang & Zou, Gang. A dynamic
analysis of Chinese enterprise behavior under alternative
reform regimes: a feasibility study. 38p.
9317 Hsiao, Cheng & Mountain, Dean C. A framework for regional
modeling and impact analysis: an analysis of the demand for
electricity by large municipal. 28p.
9312 Kiguel, Miguel A. & Neumeyer, Pablo A. Seigniorage and
inflation: the case of Argentina. 17p.
9309 Magill, Michael & Quinzii, Martine. Equilibrium with
incomplete markets over an infinite horizon. 51p.
9321 Magill, Michael & Quinzii, Martine. Incomplete markets over
an infinite horizon: long-lived securities and speculative
bubbles. 44p.
9320 Magill, Michael & Quinzii, Martine. Infinite horizon
incomplete markets. 36p.
9311 Milner, Helen & Rosendorff, B. Peter. Domestic politics and
international cooperation: a signaling model. 40p.
9313 Nugent, Jeffrey B. & Sanchez, Nicholas. Institutional
arrangements in cattel-raising activities in the 19th
century American West & their explanation. 38p.
9310 Rosendorff, B. Peter. Voluntary export restraints and
bargaining. 28p.
9403 Easterlin, Richard A. Will raising the incomes of all
increase the happiness of all?. 18p.
9406 Elyakime, Bernard, et al. First-price sealed-bid auctions
with secret reservation prices. 29p.
9405 Laffont, Jean-Jacques, Ossard, Herve & Vuong, Quang.
Econometrics of first price auctions. 38p.
9404 Neumeyer, Pablo A. The efficiency of financial markets with
high inflation. 27p.
9401 Wang, Liqun. Identification and estimation of censored
regression model with errors in variables. 23p.
9402 Wang, Liqun & Poetzelberger, Klaus. Boundary crossing
probability for Brownian motion and general boundaries.
11p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
9313 Bergman, Mats A. Internal rate of return, benefit-cost
ratio or present value?. 20p.
94-3 Muren, Astri. Technical entry barriers and economic
integration: the role of industry standards. 33p.
94-1 Bohm, Peter. Making carbon-emissions quota agreements more
efficient: joint implementation vs. quota tradeability.
27p.
PAGE 105
94-2 Bohm, Peter. On the feasibility of joint implementation of
carbon emissions reductions. 33p.
94-4 Mogiljanski, Ariane. Corruption in procurement: the
economics of regulatory blackmail. 57p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
547 Krusell, Per & Rios-Rull, Jose Victor. Vested interests in
a positive theory of stagnation and growth. 43p.
552 Lindbeck, Assar. Overshooting, reform and retreat of the
welfare state. 30p.
545 Nishimura, Kiyohiko G. Price rigidity and multi-market
oligopoly. 43p.
543 Persson, Mats. Distortive taxation can increase welfare --
if relative consumption matters. 15p.
549 Quah, Danny. Exploiting cross section variation for unit
root inference in dynamic data. 18p.
550 Quah, Danny. One business cycle and one trend from (many)
many disaggregates. 11p.
542 Rose, Andrew K. & Svensson, Lars E.O. European exchange
rate credibility before the fall. 36p.
551 Soderlind, Paul. International spillovers in an endogenous
growth model. 20p.
544 Stennek, Johan. Does competition make firms more flexible?:
a study of limited managerial cognition. 31p.
548 Svensson, Lars E.O. Term, inflation, and foreign exchange
risk premia: a unified treatment. 34p.
546 van Wincoop, Eric & Marrinan, Jane. Public and private
saving and investment. 44p.
562 Beetsma, Roel M.W.J. Macroeconomic stabilisation and
intervention policy under an exchange rate band. 31p.
557 Bergman, Michael & Warne, Anders. Money-income causality
and the neutrality of money. 31p.
554 Hassler, John. Variations in risk as a cause of
fluctuations in demand: the empirics. 33p.
558 Jacobson, Tor, Vredin, Anders & Warne, Anders. Are real
wages and unemployment related?. 48p.
561 Lindbeck, Assar. The welfare state and the employment
problem. 11p.
553 Svensson, Lars E.O. Fixed exchange rates as a means to
price stability: what have we learned?. 28p.
559 Svensson, Lars E.O. Monetary policy with flexible exchange
rates and forward interest rates as indicators. 40p.
560 Svensson, Lars E.O. The simplest test of inflation target
credibility. 14p.
555 Warne, Anders. A common trends model: identification,
estimation and inference. 41p.
556 Warne, Anders. Inference in cointegrated VAR systems. 45p.
564 Agell, Jonas, Calmfors, Lars & Johnson, Gunnar. Fiscal
policy when monetary policy is tied to the mast. 34p.
563 Calmfors, Lars. Active labour market policy and
unemployment: a framework for the analysis of crucial design
features. 43p.
565 Dahlquist, Magnus. Estimating the term structure of
interest rates with simple and complex functional forms:
Nelson & Siegel vs. Longs. 27p.
PAGE 106
566 Dahlquist, Magnus & Jonsson, Gunnar. The information in
Swedish short maturity forward rates. 23p.
569 Daltung, Sonja. Deposit insurance, capital constraints, and
risk taking by banks. 37p.
568 Daltung, Sonja. Do banks take too much risk?. 47p.
572 Soderlind, Paul. Capacity utilization in Swedish industry.
18p.
567 Soderlind, Paul. Fluctuating covariances in Swedish macro
data. 7p.
571 Stennek, Johan. The survival value of assuming others to be
rational. 29p.
570 Vredin, Anders & Warne, Anders. Comments on tests of the
neutrality of money. 12p.
577 Beetsma, Roel. Inflation versus taxation: representation
democracy and party nominations. 23p.
580 Calmfors, Lars. Labour market policy and unemployment.
11p.
578 Dahlquist, Magnus. On alternative interest rate processes.
29p.
573 Gylfason, Thorvaldur. The macroeconomics of European
agriculture. 67p.
576 Lindbeck, Assar. Uncertainty under the welfare state:
policy induced risk. 29p.
575 Lindbeck, Assar. The unemployment problem. 19p.
579 Svensson, Lars E.O. Estimating and interpreting forward
interest rates: Sweden, 1992-1994. 47p.
574 Svensson, Jakob. Investment, property rights and political
instability: theory and evidence. 46p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
11/93 Gandal, Neil. Compatibility standards and complementarity
network externalities in the PC software market. 16p.
12/93 Grossman, Gene M. & Helpman, Elhanan. Endogenous innovation
in the theory of growth. 37p.
16/93 Church, Jeffrey & Gandal, Neil. Strategic entry deterrence:
complementary products as installed base. 25p.
17/93 Cukierman, Alex, Hercowitz, Zvi & Pines, David. The
political economy of immigration. 39p.
13/93 Donnenfeld, Shabtai & Zilcha, Itzhak. Bargaining in
international trade under exchange rate uncertainty. 22p.
14/93 Grossman, Gene M. & Helpman, Elhanan. The politics of free
trade agreements. 50p.
15/93 Weiss, Yoram. The formation and dissolution of families:
why marry? who marries whom? and what happens upon divorce?.
70p.
1/94 Yashiv, Eran. Inflation, wages and the role of money under
discretion and rules: a new interpretation. 25p.
3/94 Fishelson, Gideon. The response function of the Central
Bank of Israel with respect to foreign exchange 1991-1992.
28p.
2/94 Sulganik, Eyal & Zilcha, Itzhak. The value of information:
disadvantageous risk-sharing markets. 29p.
4/94 Eaton, Jonathan & Eckstein, Zvi. Cities and growth: theory
and evidence from France and Japan. 59p.
PAGE 107
5/94 Fershtman, Chaim & Rubinstein, Ariel. A simple model of
equilibrium in search procedures. 11p.
6/94 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per.
Macroeconomic implications of investment-specific
technological change. 46p.
7/94 Broll, Udo, Wahl, Jack E. & Zilcha, Itzhak. Indirect
hedging of exchange rate risk. 17p.
9/94 Piccione, Michele & Rubinstein, Ariel. On the
interpretation of decision problems with imperfect recall.
25p.
11/94 Ray, Indrajit. Efficiency in correlated equilibrium. 43p.
10/94 Razin, Assaf & Yuen, Chi-Wa. Capital income taxation and
long run growth under endogenous population and capital
mobility. 30p.
15/94 Berechman, Joseph, Podder, Sougatta & Shy, Oz. Network
structure and entry in the deregulated airline industry.
24p.
12/94 Flanders, M. June. Hayek and the revivial of free banking.
30p.
13/94 Flug, Karnit, Hercowitz, Zvi & Levi, Anat. A small
open-economy analysis of migration. 21p.
14/94 Sagi, Eli & Sheinin, Yacov. Prospects for trade between
Israel and the Arab countries. 14p.
16/94 Shy, Oz. Technology revolutions in the presence of network
externalities. 13p.
19/94 Grossman, Gene M. & Helpman, Elhanan. Electoral competition
and special interest politics. 32p.
22/94 Grossman, Gene M. & Helpman, Elhanan. Foreign investment
with endogenous protection. 35p.
20/94 Razin, Assaf & Sadka, Efraim. Resisting migration: the
problem of wage rigidity and the burden on the welfare
state. 16p.
17/94 Razin, Assaf & Sadka, Efraim. The status of capital income
taxation in the open economy. 18p.
18/94 Weiss, Yoram & Gotlibovski, Menachem. Immigration, search
and loss of skill. 31p.
21/94 Gandal, Neil. The effect of reforms in the Israeli
telecommunications sector on total factor productivity
growth. 23p.
26/94 Grossman, Gene M. & Helpman, Elhanan. Technology and trade.
78p.
23/94 Helpman, Elhanan & Trajtenberg, Manuel. A time to sow and a
time to reap: growth based on general purpose technologies.
43p.
24/94 Piccione, Michele & Rubinstein, Ariel. On the
interpretation of decision problems with imperfect recall.
30p.
25/94 Schwartz, Aba. The dynamics and interrelations of series of
wage and employment evidence from micro data. 29p.
TEL-AVIV UNIVERSITY. Sackler Institute of Economic Studies.
15/93 Ben-Porath, Elchanan & Kahneman, Michael. Communication in
repeated games with private monitoring. 27p.
PAGE 108
16/93 Eckstein, Zvi & Shachar, Ron. Correcting for errors in
retrospective data. 18p.
17/93 Rubinstein, Ariel & Tversky, Amos. Naive strategies in
zero-sum games. 11p.
19/93 Fishman, Arthur & Gandal, Neil. Standarization and the rate
of technological progress. 16p.
18/93 Yashiv, Eran. On the consequences of capital controls:
intertemporal interactions with fiscal and monetary
policies. 48p.
8/94 Aiyagari, S. Rao & Eckstein, Zvi. Interpreting monetary
stabilization in a growth model with credit goods
production. 29p.
UNIVERSITY OF TEXAS. Department of Economics.
9404 Freeman, Scott. Persistent and optimal income inequality
among identical agents. 21p.
9403 Stinchcombe, Maxwell B. Countable additive subjective
probabilities for expected and non-expected utility. 37p.
9401 Zheng, John Xu. A consistent test of functional form via
non-parametric estimation techniques. 39p.
9405 Zheng, John Xu. A residual-based consistent test of
parametric regression models. 28p.
9402 Zheng, John Xu. Specification testing and non-parametric
estimation of the human capital model. 37p.
9308 Oettinger, Gerald S. Uncertain returns to education and
interruptions in school enrollment. 39p.
9406 Stahl, Dale O. & Wilson, Paul W. On players' models of
other players: theory and experimental evidence. 51p.
92-2 Burke, Jonathan L. Existence of a Pareto-optimal
equilibrium in nearly stationary overlapping generations
economics. 13p.
9302 Freeman, Scott. Underdevelopment and the enforcement of
property rights. 20p.
9210 Hickenbottom, Wayne R. Dynamic fiscal policy with
endogenous human capital. 72p.
9212 Hickenbottom, Wayne R. Fiscal policy and cohort size: who
pays for educating the "baby boomers"?. 67p.
9211 Hickenbottom, Wayne R. The incorporation of education into
models of optimal fiscal policy: a review. 18p.
92-6 Kendrick, David. Computational approaches to learning with
control theory. 15p.
9408 Achath, Sudhakar, Amman, Hans M. & Kendrick, David A.
Solution of the Taylor macro model with the Blanchard and
Kahn procedure. 51p.
9412 Amman, Hans M. & Kendrick, David A. Nonconvexities in
stochastic control models. 25p.
9409 Amman, Hans M., Kendrick, David A. & Achath, Sudhakar.
Solving stochastic optimization models with learning and
rational expectations. 5p.
9410 Kendrick, David A. Sectoral economics. 46p.
9411 Kydland, Finn E. & Prescott, Edward C. The computational
experiment: an econometric tool. 28p.
TILBURG UNIVERSITY. Center for Economic Research.
9211 Albaek, Svend. Endogenous timing in a game with incomplete
information. 25p.
PAGE 109
9314 Attanasio, Orazio P. & Browning, Martin. Consumption over
the life cycle and over the business cycle. 28p.
9222 Bester, Helmut & Petrakis, Emmanuel. Price competition and
advertising in oligopoly. 16p.
9358 Bhaskar, V. Neutral stability in asymmetric evolutionary
games. 14p.
9218 Borm, Peter, et al. The compromise value for
non-transferable utility games. 19p.
9321 Bovenberg, A. Lans & Smulders, Sjak. Environmental quality
and pollution-saving technological change in a two sector
endogenous growth model. 49p.
9344 Carlsson, Hans & Dasgupta, Sudipto. Noise-proof equilibria
in signalling games. 38p.
9210 Cripps, Martin & Thomas, Jonathan. Reputation and
commitment in two-person repeated games. 43p.
9353 Feltkamp, V. Alternative axiomatic characterizations of the
Shapley and Banzhaf values. 9p.
9217 Ferreira, J.L., Gilboa, I. & Maschler, M. Credible
equilibria in games with utilities changing during the play.
42p.
9226 Friedman, Daniel. Economically applicable evolutionary
games. 32p.
9317 Guth, Werner. On ultimatum bargaining experiments: a
personal view. 21p.
9357 Guth, W. & Peleg, B. On ring formation in auctions. 29p.
9302 Guth, Werner & Nitzan, Shmuel. Are moral objections to free
riding evolutionary stable?. 21p.
9306 Peleg, Bezalel & Tijs, Stef. The consistency principle for
games in strategic form. 28p.
9375 van Damme, Eric. Evolutionary game theory. 16p.
9356 van Damme, E. & Hurkens, S. Commitment robust equilibria
and endogenous timing. 37p.
9223 van den Nouweland, Anne, Maschler, Michael & Tijs, Stef.
Monotonic games are spanning network games. 13p.
9313 Warneryd, Karl. Communication, complexity, and evolutionary
stability. 14p.
UNIVERSITY OF TOKYO. Faculty of Economics.
94-1 Fujimoto, Takahiro. The origin and evolution of the "black
box parts" practice in the Japanese auto industry. 53p.
94-6 Gennotte, Gerard & Marsh, Terry A. The term structure,
equity returns, and yield premiums on risky bonds. 29p.
94-5 Iwami, Toru. Internationalization of Japanese banking
revisited. 52p.
94-4 Konishi, Hideki, Okuno-Fujiwara, Masahiro & Suzuki, Yutaka.
Competition through endogenized tournaments: an
interpretation of the "face-to- face" competition. 32p.
94-9 Kunitomo, Naoto. Asymmetry in economic time series and the
simultaneous switching autoregressive model. 37p.
94-7 Kyle, Albert S. & Marsh, Terry A. On the economics of
securities clearing and settlements. 38p.
94-8 Marsh, Terry A. Term structure of interest rates and the
pricing of fixed income claims and bonds. 60p.
PAGE 110
94-3 Negishi, Takashi. Jevons and the development of
mathematical economics. 18p.
94-2 Okazaki, Tetsuji. Evolution of the financial system in
postwar Japan. 37p.
9411 Iwami, Toru. Removing capital controls: Japanese case.
48p.
9412 Kyle, Albert S. & Marsh, Terry A. On the economics of
securities clearing and settlement. 41p.
9410 Lapavitsas, Costas. The classical adjustment mechanism of
international balances: the relevance of the labour theory
of value. 41p.
9413 Marsh, Terry A. Term structure of interest rates and the
pricing of fixed income claims and bonds. 71p.
9417 Miwa, Yoshiro. Economic analysis of the "loan-concentration
mechanism". 28p.
9414 Miwa, Yoshiro. An introduction to Japan's economy and
industry: a brief history and three misconceptions. 24p.
9415 Miwa, Yoshiro. Small business and the dual structure view.
30p.
9416 Miwa, Yoshiro. Subcontracting relationshiop (shitauke): the
case of the automobile industry. 45p.
9420 Fujimoto, Takahiro. Reinterpreting the resource-capability
view of the firm: a case of the develop- ment production
systems of the Japa. 57p.
9419 Miwa, Yoshiro. An anatomy of the "corporate group view".
33p.
9426 Miwa, Yoshiro. Coordination within industry: output, price,
and investment. 26p.
9425 Miwa, Yoshiro. Economic consequences of invesmtent
coordination in the steel industry. 35p.
9424 Miwa, Yoshiro. "Industrial policy" of Japan: a beginner's
guide. 22p.
9418 Miwa, Yoshiro. "Mainbank" and its functions. 44p.
9421 Nishimura, Kiyohiko G. Gains from price rigidity. 38p.
9423 Nishimura, Kiyohiko G. & Tachibana, Towa. Entry
regulations: tax distortions and the bipolarized market: the
Japanese retail sector. 5p.
9422 Sato, Seisho & Kunitomo, Naoto. Some properties of the
maximum likelihood estimation in simultaneous switching
autoregressive model. 33p.
9429 Fujimoto, Takahiro. The dynamic aspect of product
development capabilities: an international comparison in the
automobile industry. 45p.
9432 Horiuchi, Akiyoshi & Shin, Hyon-Gak. Effectiveness of
institutional monitoring in the Japanese corporate
governance. 49p.
9434 Ishikawa, Tsuneo. Distribution of income and wealth in
Japan: an introduction and a synopsis. 37p.
9433 Kandori, Michihiro & Matsushima, Hitoshi. Private
observation, communication and collusion. 47p.
9435 Okazaki, Tetsuji. Relationship between government and firm
in the post World War II economic recovery: policy of
industrial rationali. 49p.
9427 Miwa, Yoshiro. Corporate government in Japanese firms:
organization specific human capital and friendly
shareholders. 36p.
PAGE 111
9428 Miwa, Yoshiro. Interfirm relationships. 48p.
9430 Miwa, Yoshiro. Introduction and summary of "Firms and
Industrial Organization in Japan". 47p.
9431 Takahashi, Nobuo. The multi-office system: the Japanese
experience. 30p.
UNIVERSITY OF TORONTO. Department of Economics.
9309 Baker, Michael & Rea, Samuel A. Employment spells and
unemployment insurance eligibility requirements. 44p.
9308 Benjamin, Dwayne & Brandt, Loren. Markets, discrimination,
and the economic contribution of women in China: historical
evidence. 53p.
9311 Peters, Michael. Decentralized markets and endogenous
institutions. 35p.
9310 Peters, Michael. Equilibrium mechanisms in a decentralized
market. 37p.
9312 Peters, Michael. Incentive consistent matching processes
for problems with ex ante pricing. 14p.
9313 Peter, Michael & Severinov, Sergei. Limit equilibria for
problems where sellers compete in mechanisms. 26p.
9403 Anderson, Gordon. Do preferences and or skills explain
gender based differences in learning?. 32p.
9405 Anderson, Gordon. Nonparametric tests of stochastic
dominance in income distributions. 29p.
9406 Anderson, Gordon & Ibbott, Peter. The average lag in
returns to investment, round-aboutness, and dynamic
efficiency. 20p.
9408 Carr, J.L., Mathewson, G.F. & Quigley, N.C. Stability in
the absense of deposit insurance: the Canadian banking
system 1890-1966. 39p.
9402 Elitzur, Ramy & Mintz, Jack. Transfer pricing rules and
corporate tax competition. 30p.
9410 Epstein, Larry G. & Wang, Tan. Uncertainty, risk-neutral
measures and security-price booms and crashes. 47p.
9407 Hamilton, Gilliam. Enforceability in apprenticeship
contracts: were runaways a serious problem? evidence from
Montreal 1791-1820. 46p.
9409 Page, Frank & Wooders, Myrna H. Arbitrage in markets with
unbounded short sales: necessary & sufficient conditions for
nonemptiness of the core and. 32p.
9404 Reny, Philip J. & Wooders, Myrna H. The partnered core to a
game without side payments. 20p.
9401 Wooders, Myrna H. On Aumann's markets with a continuum of
traders: the continuum, small group effectiveness & social
homogeneity. 45p.
9412 Altshuler, Rosanne & Mintz, Jack M. U.S. interest
allocation rules: effects and policy. 46p.
9414 Anderson, Gordon. Nonparametric tests for common but
unspecified population distributions: a Monte Carlo
comparison. 19p.
9416 Baker, Michael & Benjamin, Dwayne. The role of the family
in immigrants' labor market activity: an evaluation of
alternative explanations. 48p.
PAGE 112
9411 Brandt, Loren & Hosios, Arthur J. Credit, incentives and
reputation: an hedonic analysis of contractual wage
profiles. 63p.
9413 Lloyd-Ellis, Huw. Education, occupational choice, and the
growth inequality relationship. 37p.
9415 Wooders, Myrna H. Approximating games and economies by
markets. 38p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9401 Brunelo, Giorgio. Equilibrium unemployment with internal
labour markets. 29p.
9403 Brunello, Giorgio. Incentives, bargaining and the wage
structure. 26p.
9402 Cillemi, Ottorino & Gui, Benedetto. On the vulnerability of
network specific human capital to individual quits. 22p.
9404 Brunelo, Giorgio & Ariga, Kenn. Earnings and seniority in
Japan: a re-appraisal of the existing evidence and a
comparison with the U.K. 34p.
9405 Giacomin, Alberto. Power and trade in the economy of the
"Ancien Regime": a re-interpretation of Richard Cantillon's
"Essay". 59p.
9407 Roson, Roberto. The macroeconomic impact of traffic
congestion: a computable general equilibrium analysis. 19p.
9411 Le Breton, Michel & Weber, Shlomo. Existence of equilibrium
in games with partial rivalry. 18p.
9410 Rindi, Barbara. Sunshine trading revisited: a model with
strategic liquidity traders. 33p.
9409 Rindi, Barbara. Uninformed strategic traders and trading
strategies in a specialist market. 60p.
9408 Turvani, Margherita. The core of the firm: the issue of the
employer-employee relationship. 22p.
9413 Brunello, Giorgio. Individual effort and the
decentralisation of the wage bargain. 41p.
9415 Brunnelo, Giorgio. The relationship between supervision and
pay: evidence from the British New Earnings Survey. 23p.
9412 Gottardi, Piero & Hens, Thorsten. The survival assumption
and existence of competitive equilibria when asset markets
are incomplete. 25p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9307 Cunneen, M. & Giles, Judith A. Autocorrelation pre-testing
using a balanced loss function. 16p.
9310 Mandeno, R.J. & Giles, David E. A. The expectations theory
of the term structure: a cointegration/causality analysis of
U.S. interest rates. 32p.
9309 Ohtani, K. & Giles, David E.A. On the estimation of
regression "goodness of fit" under absolute error loss.
14p.
9308 Sullivan, M.J. & GIles, David E.A. The robustness of
ARCH/GARCH tests to first-order autocorrelation. 27p.
9403 Mosk, Carl. Household structure and labor markets in prewar
Japan. 32p.
PAGE 113
9401 Oum, Tae Hoon, Zhang, Anming & Zhang, Yimin. Airline
network rivalry. 27p.
9404 Mosk, Carl. Fertility in the Japanese health transition.
25p.
9405 Ohtani, Kazuhiro, Giles, David E.A. & Giles, Judith A. The
exact risk performance of a pre-test estimator in a
heteroskedastic linear regression model under the balanced .
19p.
9406 Jones, J. Colin H, Nadeau, Serge & Walsh, William D. Salary
determination in the National Hockey League: an empirical
exploration of ethnicity effects. 56p.
9407 Dods, Johannah L. & Giles, David E.A. Alternative
strategies for `augmenting' the Dickey-Fuller test:
size-robustness in the face of pre-testing. 21p.
9408 Welling, Linda. Tax competition and specialization. 18p.
9409 Giles, Judith. Another look at the evidence on foreign aid
led economic growth. 15p.
9410 Kennedy, Peter W. Rethinking sustainability. 22p.
9411 Kennedy, Peter W. & Laplante, Benoit. Municipal solid waste
management: the optimal pricing of garbage and recyclicables
collection. 34p.
9412 Gouge, Randall & King, Ian. A competitive theory of labour
market dynamics. 30p.
9415 Giles, Judith. Testing the significance of a regressor
after a pre-test for (G)ARCH errors. 48p.
9414 Zhang, Jie. Public investment in children, growth, and
fertility. 15p.
9413 Zhang, Jie. Various taxes for social security and their
diffferent impacts on growth. 17p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
260 Anderson, Simon P., de Palma, Andre & Nesterov, Yurii.
Oligopolistic competition and the optimal provision of
products. 23p.
259 Evstigneev, I.V., Haneveld, W.K. Klein & Mirman, L. Robust
insurance mechanisms and the shadow prices of information
constraints. 54p.
261 Gurmu, Shiferaw & Trivedi, Pravin K. Recent developments in
models of event counts: a survey. 66p.
UNIVERSITY OF WARWICK. Department of Economics.
416 Croppenstedt, Andre. Sequential-decision making and the
measure of technical and allocative efficiency in the Indian
village of Palanpur. 20p.
418 De Santis, Roberto. An error correction monetary model
explaining the inflationary process in Turkey. 23p.
417 Rankin, Neil. Nominal rigidity and monetary uncertainty.
27p.
420 Harley, C.K. & Crafts, N.F.R. Cotton textiles and
industrial output during the Industrial Revolution. 14p.
419 Yadav, Sanjay & Smith, Jeremy. The size and the power of
unit root tests against fractional alternatives: a Monte
Carlo investigation. 54p.
PAGE 114
424 Anderson, Torben M. & Hviid, Morten. Information
acquisition and nominal price adjustment. 20p.
423 Crafts, N.F.R. & Mills, Terence C. Trend growth in British
industrial output, 1700-1913: a reappraisal. 29p.
421 Croppenstedt, Andre. Measuring the degree and isolating
determinants of technical and allocative efficiency of wheat
farmers in the Indi. 14p.
422 Hviid, Morten & Shaffer, Greg. Do low-price guarantees
facilitate collusion?. 10p.
426 Amisano, Gianni. Bayesian analysis of integration at
different frequencies in quarterly data. 31p.
427 Crafts, N.F.R. The golden age of economic growth in Western
Europe, 1950-73. 27p.
425 Scharf, Kimberley A. Increasing returns to scale evasion
technologies and optimal commodity taxation. 20p.
428 Turnovsky, Stephen J. Fiscal policy, adjustment costs, and
endogenous growth. 33p.
UNIVERSITY OF WASHINGTON. Institute of Economic Research.
9313 Deolalikar, Anil. The demand for health service in
Indonesia: the role of prices, service, quality, and
reporting of illnesses. 34p.
9314 Deolalikar, Anil B. Does the impact of government health
spending on the utilization of health services by children &
on child health o. 42p.
9316 Kochin, Levis A. & Parks, Richard W. Dominance,
substitution arbitrage, and market efficiency. 45p.
9315 Zivot, Eric. A Bayesian analysis of the unit root
hypothesis within an unobserved components model. 28p.
9403 Barzel, Yoram. The capture of wealth by monopolists and the
protection of property rights. 28p.
9408 Behrman, Jere R. & Deolalikar, Anil B. Household earnings
endowments, child quality and child quantity: estimates for
Indonesia. 23p.
9410 Behrman, Jere R., Deolalikar, Anil B. & Lavy, Victor.
Dynamic decision rules for child growth in rural India and
the Philippines: catching up or staying behind?. 20p.
9416 Brock, Philip L. Economic policy reform, government debt
guarantees and financial bailouts. 28p.
9415 Brock, Philip L. International transfers, the relative
price of nontraded goods, and the current account. 23p.
94-1 Brown, Gardner, Layton, David & Lazo, Jeff. Valuing habitat
and endangered species. 26p.
9411 Bruce, Neil. A fiscal federalism analysis of debt policies
by sovereign regional governments. 17p.
9409 Jha, Sailesh K. Human capital, income distribution, and
economic growth. 54p.
9405 Klepinger, Daniel, Lundberg, Shelly & Plotnick, Robert.
Adolescent fertility and the educational attainment of young
women. 17p.
9404 Lundberg, Shelly & Plotnick, Robert D. Adolescent
premarital childbearing: do economic incentives matter?.
46p.
PAGE 115
9407 Lundberg, Shelly & Startz, Richard. On the persistence of
racial inequality. 32p.
9406 Lundberg, S.J., Pollak, R.A. & Wales, T.J. Do husbands and
wives pool their resources?: evidence from the U.K. child
benefit. 25p.
9402 Rowthorn, Bob & Brown, Gardner. Biodiversity, economic
growth and the discount rate. 30p.
9413 Turnovsky, Stephen J. Fiscal policy, growth, and
macroeconomic performance in a small open economy. 34p.
9414 Turnovsky, Stephen J. Growth and savings in a stochastic
world economy. 38p.
9412 Zivot, Eric. Single equation conditional error correction
model based tests for cointegration. 42p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
179 Felix, David. Smith and Machiavelli go to Moscow: further
observations on radical reform. 12p.
180 Keating, John. Structural informtion in recursive VAR
orderings. 27p.
181 Felix, David. International capital mobility and Third
World development: compatible marriage or troubled
relationship?. 57p.
183 Barnett, William A. Exact aggregation under risk. 33p.
185 Barnett, William A. & Zhou, Ge. Partition of M2+ as a joint
product. 22p.
184 Barnett, William A. & Zhou, Ge. Reply to Brainard's comment
on financial firm dynamics. 13p.
186 Bullard, James & Keating, John. Superneutrality in postwar
economies. 41p.
188 Chib, Siddhartha & Greenberg, Edward. Understanding the
Metropolis-Hastings algorithm. 21p.
187 Felix, David. Industrial development in East Asia: what are
the lessons for Latin America?. 58p.
182 Keating, John W. Vector autoregressive models with
asymmetric lag structure. 45p.
190 Barnett, William A., et al. A single-blind controlled
competition between tests for nonlinearity and chaos. 42p.
189 Chib, Siddhartha & Greenberg, Edward. Markov chain Monte
Carlo simulation methods in econometrics. 32p.
191 Felix, David. The Tobin tax proposal: background, issues
and prospects. 33p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9318 Bhattacharya, Utpal, Reny, Philip J. & Spiegel, Matthew.
Destructive interference in an imperfectly competitive
multi-security market. 53p.
9402 Bilodeau, Marc & Slivinski, Al. Toilet cleaning and
department chairing: volunteering a public service. 8p.
9319 Donald, Stephen G. & Paarsch, Harry J. Identification,
estimation, and testing in empirical models of auctions
within the independent private values parad. 59p.
9403 Greenwood, Jeremy, MacDonald, Glenn M. & Zhang, Guang-Jin.
The cyclical behavior of job creation and job destruction: a
sectoral model. 24p.
PAGE 116
9316 Hendry, Scott. Endogenous money and goods production in a
search model. 31p.
9401 Laidler, David. Why do agents hold money, and why does it
matter?. 24p.
9315 Paarsch, Harry J. Deriving an estimate of the optimal
auction: an application to British Columbia timber sales.
27p.
9317 Reny, Philip, Winter, Wyal & Wooders, Myrna H. The
partnered core of a game with side payments. 18p.
9404 Christiano, Lawrence J. & Fisher, Jonas D.M. Algorithms for
solving dynamic models with occasionally binding
constraints. 54p.
9405 Fisher, Jonas D.M. Relative prices, complementarities and
co-movements among components of aggregate expenditures.
40p.
9406 Wang, Gyu Ho. Regulating the oligopoly with unknown costs.
26p.
9407 Chung, Tai-Yeong. Rent seeking contest when the prize
increases with aggregate efforts. 17p.
9410 Fisher, Jonas D.M. Credit market imperfections and the
heterogeneous response of firms to monetary shocks. 43p.
9408 Laidler, David. Robertson in the 1920's. 32p.
9409 Robson, Arthur & Wooders, Myrna H. On the evolution of the
distribution of income. 23p.
9412 Green, Gordon R. Incomplete information cores: an insurance
example. 11p.
9411 Haufler, Andreas. Tax coordination in a cross-hauling
model: conflict or harmony of interest?. 24p.
9413 Laidler, David. Some aspects of monetarism circa 1970: a
view from 1994. 30p.
9414 Davies, James & Hoy, Michael. Making inequality
comparisions when Lorenz curves interesect. 25p.
9415 Harley, C. Knick. Cotton textile prices and the Industrial
Revolution. 49p.
9416 Ozaki, Hiroyuki & Streufert, Peter A. Dynamic programming
for non-additive stochastic objectives. 51p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9322 Binmore, Ken & Samuelson, Larry. Drift. 10p.
9323 Binmore, Ken & Samuelson, Larry. An economist's perspective
on the evolution of norms. 20p.
9324 Binmore, Kenneth G., Samuelson, Larry & Vaughan, Richard.
Musical chairs: modelling noisy evolution. 26p.
9332 Che, Yeon Koo & Gale, Ian. Revenue non-equivalence of
auctions with budget constrained buyers. 18p.
9329 Cooper, Suzanne J., Durlauf, Steven N. & Johnson, Paul A.
On the evolution of economic status across generations. 7p.
9328 Durlauf, Steven N. Neighborhood feedbacks, endogenous
stratification, and income inequality. 43p.
9327 Durlauf, Steven N. Spillovers, stratification, and
inequality. 10p.
9330 Durlauf, Steven N. & Hooker, Mark A. Misspecification
versus bubbles in the Cagan hyperinflation model. 29p.
PAGE 117
9326 Durlauf, Steven N. & Maccini, Louis J. Measuring noise in
inventory models. 28p.
9318 Gale, Ian L. & Stegeman, Mark. Sequential auctions of
endogenously valued objects. 42p.
9325 Gale, John, Binmore, Kenneth G. & Samuelson, Larry.
Learning to be imperfect: the ultimatum game. 30p.
9320 Ljungqvist, Lars. Deposit insurance and asset price
volatility. 20p.
9319 Ljungqvist, Lars. Destabilizing exchange rate speculation:
a counterexample to Milton Friedman. 18p.
9331 Manski, Charles F. Identification from response-based
samples. 33p.
9321 Perry, Motty & Samuelson, Larry. Open versus closed door
negotiations. 24p.
9317 West, Kenneth D. The predictive ability of several models
of exchange rate volatility. 44p.
9406 Andreoni, James. Warm-glow versus cold-prickle: the effects
of positive and negative framing on cooperation in
experiments. 20p.
9404 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of customs unions. 53p.
9403 Bagwell, Kyle & Staiger, Robert W. Multilateral tariff
cooperation during the formation of regional free trade
areas. 47p.
9401 Bernard, Andrew B. & Durlauf, Steven N. Interpreting tests
of the convergence hypothesis. 17p.
9410 Binmore, Ken & Samuelson, Larry. Muddling through: noisy
equlibrium selection. 39p.
9415 Che, Yeon-Koo & Gale, Ian. The optimal mechanism for
selling to budget constrained consumers. 29p.
9416 Che, Yeon-Koo & Gale, Ian. Sales to budget-constrained
buyers: single payer versus multiple payer. 21p.
9412 Dechert, W. Davis. The correlation integral and the
independence of Gaussian and related processes. 18p.
9407 Deneckere, Raymond, Marvel, Howard P. & Peck, James. Demand
uncertainty, niche competition, and the loss leader enigma.
38p.
9419 Durlauf, Steven N. & Johnson, Paul A. Multiple regimes and
cross-country growth behavior. 23p.
9427 Dutta, Prajit K. & Madhavan, Ananth. Price continuity rules
and insider trading. 31p.
9425 Dutta, Prajit K. & Radner, Roy. Profit maximization and the
market selection hypothesis. 42p.
9411 Horowitz, Joel L. & Manski, Charles F. Joint censoring of
regressors and outcomes: survey nonresponse and attrition.
17p.
9428 Jones, Larry E. & Manuelli, Rodolfo E. The sources of
growth. 52p.
9431 Lin, Wen-Ling. Impulse response function for conditional
volatility in GARCH models. 35p.
9424 Ljungqvist, Lars & Sargent, Thomas J. The Swedish
unemployment experience. 19p.
9426 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Evolution and endogenous interactions. 33p.
PAGE 118
9408 Manski, Charles F. Simultaneity with downward sloping
demand. 24p.
9420 Mignacca, Domenico & Cubadda, Gianluca. Is money neutral?:
some evidence for Italy. 20p.
9421 Mignacca, Domenico & Gallegati, Mauro. Is U.S. real GNP
chaotic?: on using the BDS test to decide whether an ARMA
model for the U.S. GNP generates i.i.d. . 21p.
9409 Noldeke, Georg & Samuelson, Larry. Learning to signal in
markets. 45p.
9405 Staiger, Robert W. A theory of gradual trade
liberalization. 39p.
9413 Staiger, Robert W. & Wolak, Frank A. Measuring industry
specific protection: antidumping in the United States. 71p.
9422 Walker, James R. The effects of public policies on recent
Swedish fertility behavior. 47p.
9423 Walker, James R. Migration among low-income households:
helping the witch doctor reach consensus. 55p.
9417 West, Kenneth D. Asymptotic inference about predictive
ability. 52p.
9418 West, Kenneth D. Asymptotic inference about predictivity
ability: additional appendix. 23p.
9414 West, Kenneth D. & Wilcox, David W. A comparison of
alternative instrumental variables estimators of a dynamic
linear model. 54p.
9402 Shea, John. Complementarities and comovements. 46p.
WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations)
111 de Crombrugghe, Alain & Lipton, David. The government
budget and the economic transformation of Poland. 41p.
112 Fan, Gang & Woo, Wing T. Decentralized socialism and
macroeconomic stability: lessons from China. 38p.
107 Osmani, S.R. The entitlement approach to famine: an
assessment. 54p.
108 Osmani, S.R. Growth and entitlements: the analytics of the
Green Revolution. 70p.
109 Osmani, S.R. Is there a conflict between growth and
welfarism?: the tale of Sri Lanka. 45p.
105 Vorobyov, Alexander Y. Production aspects of Russian
transition. 49p.
106 Zukov, Stanislav. Monetary aspects of Russian transition.
49p.
113 Hanson, Ardo H. Transforming an economy while building a
nation: the case of Estonia. 22p.
114 Roberts, Bryan W. The J-curve is a gamma-curve: initial
welfare consequences of price liberalization in Eastern
Europe. 34p.
115 Varis, Eira. The restructuring process of rural Russian
Karelia: a case study of two Karelian villages. 69p.
YALE UNIVERSITY. Economic Growth Center.
701 Besley, Timothy, Coate, Stephen & Guinnane, Timothy W.
Understanding the workhouse test: information and poor
relief in 19th century England. 28p.
PAGE 119
706 Buiter, Willem H. & Patel, Urjit R. Indian public finance
in the 1990's: challenges and prospects. 58p.
704 Chua, Hak B. & Ades, Alberta. Regional instability and
economic growth: thy neighbor's curse. 38p.
705 Guinnane, Timothy, Banerjee, Abhijit & Besley, Timothy. Thy
neighbor's keeper: the design of a credit cooperative with
theory and a test. 38p.
707 Schultz, T. Paul. Human capital, family planning and their
effects on population growth. 12p.
702 Schultz, T. Paul. Investments in the schooling and health
of women and men: quantities and returns. 70p.
703 Schultz, T. Paul. Marital status and fertility in the
United States: welfare and labor market effects. 39p.
708 Evenson, Robert E., Fernandez, M. Carmen & Herruzo, A.
Casimiro. Measurement of the total factor productivity of
Spanish agriculture: 1962-1989. 15p.
709 Evenson, Robert E. & Westphal, Larry E. Technological
change and technology strategy. 132p.
711 Schultz, T. Paul. Human capital and economic development.
31p.
710 Srinivasan, T.N. & Kletzer, Kenneth. Price normalization
and equilibria in general equilibrium models of
international trade under imperfect competition. 19p.
YORK UNIVERSITY. Department of Economics.
94-1 Buttrick, John. About a small open economy. 6p.
94-3 Lu, Jing. On two sources of unemployment cycles: aggregate
disturbances and sectoral shifts. 37p.
94-4 Lu, Jing. Why is aggregate unemployment so highly
correlated with the industrial unemployment dispersion?.
22p.
94-2 Reilly, Kevin T. Computer usage: establishment level
determinants. 17p.
94-5 Shum, Pauline. The 1992 Referendum, market efficiency, and
the interpretation of opinion polls. 26p.
94-6 Faig, Miquel & Shum, Pauline. Stochastic dynamics of the
firm's joint financial and investment decisions with loss
carry forward & carry back. 22p.
94-7 Michelis, Leo. Non-nested pretest tests. 40p.
94-8 Michelis, Leo. The null distribution of non-nested tests
with nearly orthogonal regression models. 49p.
94-9 Michelis, Leo. Orthogonal regression models and the
distribution of non-nested tests. 12p.
9410 Michelis, Leo. The real interest rate differential in an
economic union. 14p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
859 Beltratti, Andrea E. & Shiller, Robert J. Actual and
warranted relations between asset prices. 0p.
857 Hajivassiliou, Vassilis A. Simulating normal rectangle
probabilities and their derivatives: effects of
vectorization. 0p.
PAGE 120
856 Shiller, Robert J. Measuring asset values for cash
settlement in derivative markets: hedonic repeated measures
indices and perpetual f. 0p.
858 Toda, Hiro Y. & Phillips, Peter C.B. Vector autoregressions
and causality. 0p.
863 Andrews, Donald W.K. Asymptotics for semiparametric
econometric models via stochastic equicontinuity. 0p.
855 Nordhaus, William D. Economic growth on a planet under
siege. 0p.
860 Nordhaus, William D. Reflections on the economics of
climate change. 0p.
862 Hajivassiliou, V.A. Simulation estimation methods for
limited dependent variable models. 0p.
864 Phillips, Peter C.B. Some exact distribution theory for
maximum likelihood estimators of cointegrating coefficients
in error correction . 0p.
861 Quintos, Carmela E. & Phillips, Peter C.B. Parameter
constancy in cointegrating regressions. 0p.
867 Andrews, Donald W.K. & Chen, Hong-Yuan. Approximately
median-unbiased estimation of autoregressive models. 0p.
866 Loretan, Mico & Phillips, Peter C.B. Testing the covariance
stationarity of heavy-tailed time series. 0p.
865 Shubik, Martin. Prominence, symmetry, or other?. 0p.
870 Andrews, Donald W.K. & Pollard, David. An introduction to
functional central limit theorems for dependent stochastic
processes. 0p.
871 Hajivassiliou, V.A. A simulation estimation analysis of the
external debt crises of developing countries. 0p.
869 Sims, Christopher A. A simple model for study of the
determination of the price level and the interaction of
monetary & fiscal policy. 0p.
868 Zhou, Lin. A new bargaining set of an n-person game and
endogenous coalition formation. 0p.
873 Duffie, D., et al. Stationary Markov equlibria. 0p.
872 Fair, Ray C. How fast do old men slow down?. 0p.
874 Andrews, Donald W.K. The large sample correspondence
between classical hypothesis testing and Bayesian posterior
odds tests. 0p.
875 Zhou, Lin. The set of Nash equilibria of a supermodular
game is a complete lattice. 0p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research-Reprints.
152 Bakos, Gabor. Japanese capital in central Europe. 0p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Reprint Series.
1845 Franz, Wolfgang & Gordon, Robert J. German and American
wage and price dynamics. 0p.
WASHINGTON UNIVERSITY. CSAB. Formal Publications (Pamphlets).
118 Lis, James & Warren, Melinda. Reforming Superfund. 50p.
119 Lambert, Thomas & Smith, Robert J. The Endangered Species
Act: time for a change. 63p.
PAGE 121
121 Boerner, Christopher & Lambert, Thomas. Environmental
justice?. 30p.
120 Chilton, Kenneth. The global challenge for American
manufacturers. 54p.
122 Weidenbaum, Murray. The savings-exempt income tax. 19p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute-Reprints
403 Ahn, Hyungtaik & Manski, Charles F. Distribution theory for
the analysis of binary choice under uncertainty with
nonparametric estimation.... 0p.
410 Brock, William A. Pathways to randomness in the economy:
emergent nonlinearity and chaos in economics and finance.
0p.
406 Manski, Charles F. Adolescent econometricians: how do youth
infer the returns to schooling?. 0p.
408 Manski, Charles F. Dynamic choice in social settings. 0p.
411 Manski, Charles F. Identification of endogenous social
effects: the reflection problem. 0p.
409 Manski, Charles F. Identification problems in the social
sciences. 0p.
407 Shea, John. The input-output approach to instrument
selection. 0p.
413 Brock, William A. & Potter, Simon M. Nonlinear time series
and macroeconometrics. 0p.
414 Che, Yeon-Koo. The role of precedents in repeated
litigation. 0p.
412 Che, Yeon-Koo. Second sourcing and the incentives for R & D
investment. 0p.
417 Manski, Charles F. The selection problem. 0p.
YALE UNIVERSITY. Economic Growth Center-Reprint Series.
484 Bravo-Ureta, Boris E. & Evenson, Robert E. Efficiency in
agricultural production: the case of peasant farmers in
Eastern Paraguay. 0p.
483 Guinnane, Timothy W., Okun, Barbara S. & Trussell, James.
What do we know about the timing of fertility transitions in
Europe?. 0p.
480 Hamada, Koichi. On the political economy of regime choice.
0p.
481 Schultz, T. Paul. Investments in schooling and health of
women and men: quantities and returns. 0p.
482 Srinivasan, T.N. Development economics, then and now. 0p.
478 Srinivasan, T.N. Income distribution and the macroeconomy:
some conceptual and measurement issues. 0p.
490 Banerjee, Abhijit V., Besley, Timothy & Guinnane, Timothy W.
Thy neighbor's keeper: the design of a credit cooperative
with theory and a test. 0p.
491 Fukao, Kyoji & Hamada, Koichi. International trade and
investment under different rates of time preference. 0p.
486 Guinnane, Timothy W. A failed institutional transplant:
Raiffeisen's credit cooperatives in Ireland, 1894-1914. 0p.
488 Guinnane, Timothy W. The great Irish famine and population:
the long view. 0p.
PAGE 122
485 Hamada, Koichi. International negotiations and domestic
conflicts: a case for counterlobbying. 0p.
492 Raut, L.K. & Srinivasan, T.N. Dynamics of endogenous
growth. 0p.
487 Schultz, T.Paul. Human capital, family planning, and their
effects on population growth. 0p.
489 Srinivasan, T.N. Human development: a new paradigm or
reinvention of the wheel?. 0p.