New Acquisitions - January - December 1996

 
                                                       PAGE   1


     STATE UNIVERSITY OF NEW YORK AT ALBANY.  Department of Economics.  

     9405   Lahiri, Kajal & Paul, Manimoy.  Risk comparisons among      
            restricted least squares, pre-test and OLS estimators under 
            model mis-specification: omissio.  41p.                     

     UNIVERSITY OF ALBERTA.  Department of Economics.                   

     9512   Boothe, Paul.  The new approach to budgeting in Alberta.    
            22p.                                                        
     9513   Tamaschke, R., Docwra, G. & Stillman, R.  Estimating end    
            user supply costs in a widespread electricity system.  21p. 
     96-1   Landon, Stuart.  High school enrollment, minimum wages and  
            education spending.  30p.                                   
     96-2   Sharir, Shmuel.  Effects of antidiscrimination laws on      
            equally productive employees of nonprejudicial              
            discriminatory monopsonists.  21p.                          
     96-6   Buse, A.  On the equivalence of pooled and mixed estimation.
             13p.                                                       
     96-3   Buse, A.  Testing homogeneity in the linearized almost ideal
            demand system.  33p.                                        
     96-4   Landon, Stuart.  Education costs and institutional          
            structure.  34p.                                            
     96-5   Lindsey, Robin.  Effects of driver information in the       
            bottleneck model.  44p.                                     

     UNIVERSIDAD DE ALICANTE.  Dept. de Fundamentos de Analisis Econ.   

     9519   Iturbe-Ormaetxe, Inigo.  Redistribution and individual      
            characteristics.  19p.                                      
     9520   Marco, M. Carmen, Peris, Josep E. & Subiza, Begona.  A      
            mechanism for meta-bargaining problems.  24p.               
     9521   Olcina, Gonzalo & Urbano, Amparo.  Signalling games and     
            incentive dominance.  44p.                                  
     9602   Chatterji, Shurojit.  Temporary equilibrium with learning:  
            the stability of random walk beliefs.  24p.                 
     9525   Corchon, Luis C. & Herrero, Carmen.  A decent proposal.     
            36p.                                                        
     9522   Cunat-Lopez, Javier M.  Multiple adverse selection.  56p.   
     9523   Herrero, Carmen, Iturbe-Ormaetxe, Inigo & Nieto, Jorge.     
            Ranking social decisions without individual preferences on  
            the basis of opportunities.  24p.                           
     9524   Marco-Gil, M. Carmen.  The extended claim-egalitarian       
            solution across cardinalities.  32p.                        
     9601   Ortuno-Ortin, Ignacio.  A spatial model of political        
            competition and proportional representation.  16p.          
     9603   Peitz, Martin.  Marketing cooperation for differentiated    
            products.  28p.                                             
     9604   Herrero, Carmen, Maschler, Michael & Villar, Antonio.       
            Individual rights and collective responsibility: the        
            rights-egalitarian solution.  21p.                          
     9606   Karandikar, Rajeeva, et al.  Evolving aspirations and       
            cooperation.  34p.                                          




                                                           PAGE   2

     9605   Vega-Redondo, Fernando.  The evolution of Walrasian         
            behavior.  20p.                                             
     9611   Leon, Angel & Mora, Juan.  Modelling conditional            
            heteroskedasticity: application to stock return index       
            "IBEX-35".  40p.                                            
     9610   Moreno, Bernardo.  The uniform rule in economies with single
            peaked preferences, endowments and population monotonicity. 
            28p.                                                        
     9608   Peris, Josep E. & Subiza, Begona.  Numerical representation 
            for lower quasi-continuous preferences.  13p.               
     9609   Sanchez, M. Carmen.  Rationality of bargaining solutions.   
            48p.                                                        
     9607   Tauman, Yair, Urbano, Amparo & Watanabe, Junichi.  A model  
            of multiproduct price competition.  48p.                    
     9613   Alcalde, Jose & Romero-Medina, Antonio.  Simple mechanism to
            implement the core of college admissions problems.  28p.    
     9614   Herrero, Carmen & Villar, Antonio.  Agenda independence in  
            allocation problems with single-peaked preferences.  24p.   
     9615   Fauli, Ramon.  Mergers for market power in a Cournot setting
            and merger guidelines.  30p.                                

     ASOCIACION SUDEUROPA DE ECONOMICA TEORICA.  Econ. Disc. Papers.    

     145    Arin, J. & Inarra, E.  On the nucleolus of convex games.    
            27p.                                                        
     141    Barcena-Ruiz, Juan Carlos & Espinosa, Maria Paz.  Long-term 
            or short-term managerial incentive contracts.  22p.         
     142    Caballe, Jordi & Krishnan, Murugappa.  The sources of risk  
            in a dynamic financial market with insider trading.  28p.   
     137    Campos e Cunha, Luis & Santos, Vasco.  Quantity versus      
            quality: are they substitutes in restricted trade? (A       
            general equilibrium approach).  26p.                        
     144    Escapa, Marta & Gutierrez, Maria Jose.  Distribution of     
            potential gains from international environmental agreements:
            the case of the greenhouse effect.  25p.                    
     143    Espinosa, Maria Paz & Inarra, Elena.  Von Neumann and       
            Morgenstern stable sets in a merger game.  32p.             
     140    Pavardin, Pierre & Soubeyran, Antoine.  Firm attraction by a
            local jurisdiction: a principal-agent approach.  31p.       
     147    Gardeazabal, Javier & Vazquez, Jesus.  Cointegration versus 
            saddle-path dynamics.  22p.                                 
     146    Perez-Castrillo, J. David & Sandonis, Joel.  Disclosure of  
            know-how in research joint ventures.  30p.                  
     138    Pascoa, Mario Rui.  Nash equilbrium and the law of large    
            numbers.  17p.                                              
     139    Van Long, Ngo & Soubeyran, Antoine.  Oligopolistic trade and
            competition in wages legislation.  13p.                     
     151    Aguirre-Perez, Inaki.  Most favored customer pricing policy 
            as an entry deterrence device.  27p.                        
     149    Aguirre-Perez, Inaki.  Uniform pricing: good or bad news    
            about market profitability?.  31p.                          
     152    Crettez, Bertrand, Michel, Phillipe & Vidal, Jean-Pierre.   
            Time preference and factor mobility in an overlapping       
            generations model with land.  15p.                          




                                                           PAGE   3

     148    d'Aspremont, C., Dos Santos-Ferreira, R. & Gerard-Varet,    
            L.A.  Imperfect competition and general equilibrium elements
            for a new approach.  36p.                                   
     153    Davidson, Russell & MacKinnon, James G.  The size and power 
            of bootstrap tests.  33p.                                   
     154    Garella, Paolo G. & Richelle, Yves.  Exit, sunk costs and   
            the selection of firms.  23p.                               
     150    Iza, Amaia.  Human capital and R & D activities in a        
            Schumpeterian endogenous growth model.  24p.                
     155    Iza, Amaia & Echevarria, Cruz A.  Income taxation and finite
            horizons in a human capital growth model.  35p.             

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     71     Lianos, Theodore P.  The rate of profit and crises in a     
            socialist economy.  7p.                                     
     72     Lianos, Theodore P. & Daouli, Joan.  Employment functions   
            and austerity programs: the case of Greek manufacturing.    
            18p.                                                        
     64     Apospori, Eleni, Vega, William & Gill, Andres.  Assessing   
            the usefulness of collateral data: a multi-trait,           
            multi-method model.  27p.                                   
     66     Demopoulos, George D. & Yannacopoulos, Nicholas A.  A note  
            on the theory of monetary unions.  8p.                      
     69     Hassapis, Christis, Pittis, Nikitas & Prodromidis,          
            Kyprianos.  Unit roots and Granger causality in the EMS     
            interest and inflation rates: the German dominance          
            hypothesis revisted.  33p.                                  
     67     Jafarey, Saqib, Kaskarelis, Yannis & Miaouli, Natasha.  Wage
            determination and capital decisions in a dynamic monopoly   
            union model.  19p.                                          
     65     Louri, Helen.  Mergers and acquisitions in the Greek        
            economy, 1987-93: sectoral restructuring and modernization  
            prospects.  19p.                                            
     68     Minoglou, Ioanna P. & Louri, Helen.  Diaspora               
            entrepreneurial networks of the Black Sea and Greece,       
            1870-1917.  28p.                                            
     73     Petrakis, Emmanuel & Vlassis, Minas.  Endogenous            
            wage-bargaining institutions in oligopolistic industries.   
            26p.                                                        
     74     Gatsios, Konstantine, Kollintzas, Tryphon & Lagopoulos,     
            Costas.  A time consistent solution to the stochastic       
            dynamic strategies export subsidy problem with two          
            governments.  52p.                                          
     75     Bitros, George C.  Competition, ownership and economic      
            efficiency.  29p.                                           
     70     Demopoulos, George D. & Kapopoulos, Panayotis T.            
            Macroeconomics of populism and expectational core inflation:
            evidence from Greece.  31p.                                 
     77     Petrakis, Emmanuel & Vlassis, Minas.  Endogenous scope of   
            bargaining in oligopoly.  23p.                              
     76     Vassos, Spyros & Vlachou, Andriana.  Evaluating the impact  
            of carbon taxes on the electricity supply industry.  29p.   
     60     Baltas, Nicholas.  Interactions between agricultural credit 
            and private investment: empirical evidence and policy       
            implications.  15p.                                         


                                                           PAGE   4

     59     Baltas, Nicholas & Korka, Ourania.  Modelling farmers' land 
            use decisions.  22p.                                        
     79     Demopoulos, George D. & Yannacopoulos, Nicholas A.          
            Stability of a monetary union: theoretical considerations.  
            21p.                                                        
     80     Gatsios, Konstantine, Hatzipanayotou, Panos & Michael,      
            Michael S.  International migration, welfare, and the       
            provision of public goods.  16p.                            
     81     Kollintzas, Tryphon & Vassilatos, Vanghelis.  A stochastic  
            dynamic general equilibrium model for Greece.  42p.         
     82     Baltas, Nicholas C.  Private investment and the demand for  
            loanable funds in the Greek agricultural sector.  30p.      

     AUSTRALIAN NATIONAL UNIVERSITY.  Faculty of Economics.             

     292    Chambers, Robert G. & Quiggin, John.  Exploitation and      
            efficiency in agarian contracts.  21p.                      
     293    Chambers, Robert G. & Quiggin, John.  Separation and hedging
            results with state-contingent production.  35p.             
     295    Jones, Glenn & Savage, Elizabeth.  Should income splitting  
            replace Australia's personal income tax?.  20p.             
     296    Jones, Glenn & Savage, Elizabeth.  Unions and clerical rates
            of pay.  20p.                                               
     294    Quiggin, John & Chambers, Robert G.  A state-contingent     
            production approach to moral-hazard problems with an        
            application to point-source pollution contr.  28p.          
     297    Garvey, Gerald T., Grant, Simon & King, Stephen P.  Talking 
            down the firm: short-term market manipulation and optimal   
            management compensation.  14p.                              
     298    Grant, Simon, Kajii, Atsushi & Polak, Ben.  Preference for  
            information.  43p.                                          
     303    Jones, Chris, Menezes, Flavio & Vella, Frank.  Auction price
            anomalies: evidence from wool auctions in Australia.  29p.  
     302    Menezes, Flavio M. & Monteiro, Paulo K.  Simultaneous pooled
            auctions.  17p.                                             
     299    Pitchford, J.D.  Relative prices and uneven growth.  15p.   
     301    Apps, P.F. & Rees, R.  Collective labor supply and household
            production.  18p.                                           
     307    Garvey, Gerald T., Grant, Simon & King, Stephen P.  A model 
            of myopic corporate behaviour with efficient stock markets  
            and optimal management incentive contracts.  17p.           
     306    Hooper, Vince & Pointon, John.  Call features and term to   
            maturity of callable foreign bonds.  10p.                   
     305    Hooper, Vince & Pointon, John.  The valuation of the option 
            to expropriate a multinational enterprise's assets.  8p.    
     304    Lau, Sau-Him Paul.  Testing the long run effect of          
            investment on output in the presence of cointegration.  30p.
     309    Meagher, Kieron J.  Efficient hierarchies: equivalence under
            differing employment regimes.  30p.                         
     308    Pitchford, Rohan & Snyder, Christopher M.  Property rights  
            and incomplete contracts: dealing with nuisance.  43p.      

     BANCO DE ESPANA.  Servicio de Estudios.                            

     9601   Ayuso, Juan, Nunez, Soledad & Perez-Jurado, Maria.          
            Volatility in Spanish financial markets: the recent         
            experience.  51p.                                           

                                                           PAGE   5

     9603   Dluhosch, Barbara.  On the fate of newcomers in the European
            Union: lessons from the Spanish experience.  44p.           
     9531   Ayuso, Juan & Jurado, Maria P.  Devaluation and depreciation
            expectations in the European Monetary System.  43p.         
     9604   Fernandez de Lis, Santiago.  Classification of central banks
            by autonomy: a comparative analysis.  39p.                  
     9529   Huertas, Juan A.  Is there a trade-off between exchange rate
            risk and interest rate risk?.  48p.                         
     9606   Krueger, Malte.  Speculation, hedging and intermediation in  
            the foreign exchange market.  89p.                          
     9607   Maravall, Agustin.  Short-term analysis of macroeconomic    
            time series.  36p.                                          
     9609   Maravall, Agustin.  Unobserved components in economic time  
            series.  65p.                                               
     9608   Maravall, Agustin & Planas, Christophe.  Estimation error   
            and the specification of unobserved component models.  44p. 
     9610   Canzoneri, Matthew B., Diba, Behzad & Eudey, Gwen.  Trends  
            in European productivity and real exchange rates.  46p.     
     9613   Ayuso, Juan & Vega, Juan L.  An empirical analysis of the   
            peseta's exchange rate dynamics.  30p.                      
     9612   Maravall, Agustin & Pena, Daniel.  Missing observations and 
            additive outliers in time series models.  51p.              
     9615   Alberola-Ila, Enrique.  Optimal exchange rate targets and   
            macroeconomic stabilization.  53p.                          
     9611   Alonso, Francisco, Martinez-Pages, Jorge & Perez-Jurado,    
            Maria.  Weighted monetary aggregates: an empirical approach.
             34p.                                                       
     9620   Bell, Una-Louise.  Adjustment costs, uncertainty and        
            employment inertia.  46p.                                   
     9617   Dolado, Juan J. & Marmol, Francesc.  Efficient estimation of
            cointegrating relationships among higher order and          
            fractionally integrated processes.  37p.                    
     9605   Manzano-Frias, Maric C. & Galmes-Belmonte, Sofia.  Credit   
            institutions' price policies and type of customer: impact on
            the monetary transmission mechanism.  61p.                  
     9616   Padilla, A. Jorge, Bentolilia, Samuel & Dolado, Juan J.     
            Wage bargaining in industries with market power.  54p.      
     9626   Canzoneri, Matthew B., Valles, Javier & Vinals, Jose.  Do   
            exchange rates move to address international macroeconomic  
            imbalances?.  51p.                                          
     9622   Conklin, James.  Computing value correspondences for        
            repeated games with state variables.  27p.                  
     9623   Conklin, James.  The theory of sovereign debt and Spain     
            under Philip II.  35p.                                      
     9625   Nieto Carol, Maria J.  Central and Eastern European         
            financial systems: towards integration in the European      
            Union.  58p.                                                
     9624   Vinals, Jose & Jimeno, Juan F.  Monetary union and European 
            unemployment.  62p.                                         

     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     96-6   Fujiki, Hiroshi & Mulligan, Casey B.  Production, financial 
            sophistication, and the demand for money by household and   
            firms.  49p.                                                



                                                           PAGE   6

     96-7   Fujiki, Hiroshi & Mulligan, Casey B.  A structural analysis 
            of money demand: cross-sectional evidence from Japan.  89p. 
     96-2   Mori, Atutoshi, Ohsawa, Makoto & Shimizu, Tokiko.  A        
            framework for more effective stress testing.  31p.          
     96-1   Nishida, Shinji.  The "domino effect of defaults" and its   
            implications for regulatory actions.  24p.                  
     96-3   Okada, Shumpei, Harada, Eiji & Tsunoda, Fumihiko.           
            Integration of credit risk with market risk in asset        
            liability management.  31p.                                 
     96-4   Shimizu, Tokiko & Yamashita, Tsukasa.  Dynamic micro and    
            macro stress simulation.  30p.                              
     96-5   Watanabe, Toshiaki.  Intraday price volatility and trading  
            volume: a case of the Japanese government bond futures.     
            34p.                                                        
     9610   Baba, Naohiko.  Empirical studies on the recent decline in  
            bank lending growth: an approach based on asymmetric        
            information.  34p.                                          
     96-8   Mori, Atsutoshi, Ohsawa, Makoto & Shimizu, Tokiko.          
            Calculation of value at risk and risk/return simulation.    
            56p.                                                        
     96-9   Soejima, Yutaka.  The long-run relationship between real    
            GNP, money supply, and price level: reexamination of        
            cointegration test.  37p.                                   
     9617   Briault, Clive, Haldane, Andrew & King, Mervyn.             
            Independence and accountability.  37p.                      
     9618   Bruni, Franco.  Central bank independence in the European   
            Union.  40p.                                                
     9614   Friedman, Benjamin M.  The rise and fall of money growth    
            targets as guidelines for U.S. monetary policy.  39p.       
     9613   Laidler, David.  Inflation control and monetary policy      
            rules.  32p.                                                
     9611   Meltzer, Allan H.  On making monetary policy more effective 
            domestically and internationally.  33p.                     
     9615   Neumann, Manfred J.M.  Monetary targeting in Germany.  28p. 
     9619   Okina, Kunio.  The policy objectives and the optimal        
            institutional framework of a central bank.  27p.            
     9620   Padoa-Schioppa, Tommaso.  Styles of monetary management.    
            24p.                                                        
     9612   Taylor, John B.  Policy rules as a means to a more effective
            monetary policy.  14p.                                      
     9616   Ueda, Kazuo.  Japanese monetary policy: rules or            
            discretion?, part II.  24p.                                 
     9622   Dellas, Harris, Diba, Behzad & Garber, Peter.  Resolving    
            failed banks: the U.S. S & L experience.  38p.              
     9624   Kunitomo, Naoto & Sato, Seisho.  Estimation of asymmetrical 
            volatility for asset prices: the simultaneous switching     
            ARIMA approach.  29p.                                       
     9621   McCallum, Bennett T.  Inflation targeting in Canada, New    
            Zealand, Sweden, the United Kingdom, and in general.  36p.  
     9623   Yamazaki, Akira.  Foreign exchange netting and systemic     
            risk.  43p.                                                 
     9627   Oda, Nobuyuki.  A note on the estimation of Japanese        
            government bond yield curves.  18p.                         
     9625   Seno'o, Morio.  Yamada Hagaki and the history of paper      
            currency in Japan.  29p.                                    



                                                           PAGE   7

     9626   Ueda, Michio, Taguchi, Isamu & Saito, Tsutomu.              
            Non-destructive analysis of the fineness of Kobans in the   
            Yedo period.  33p.                                          

     UNIVERSIDAD AUTONOMA DE BARCELONA.  Dept. de Economia et de Emet.  

     303    Antolin, P.  Gross worker flows: how does the Spanish       
            evidence fit the stylised facts?.  41p.                     
     307    de la Fuente, Angel & Marin, Jose Maria.  Innovation, "bank"
            monitoring and endogenous financial development.  40p.      
     304    Fairburn, James A. & Malcomson, James M.  Performance,      
            promotion, and the Peter Principle.  30p.                   
     305    Vives, Xavier.  Social learning and rational expectations.  
            14p.                                                        
     301    Antolin, P.  What happened to job search behavior in Spain  
            during the recovery period (1987- 1991)?.  39p.             
     312    Brusco, Sandro.  A note on cost minimization in general     
            equilibrium models.  15p.                                   
     309    Caballe, Jordi.  Growth effects of fiscal policy under      
            altruism and low elasticity of intertemporal substitution.  
            26p.                                                        
     316    de la Fuente, Angel.  Assessing the effects of economic     
            integration on growth and welfare.  74p.                    
     314    de la Fuente, Angel.  Catch-up, growth and convergence in   
            the OECD.  44p.                                             
     311    Kovenock, Dan & de Vries, Casper G.  The all-pay auction    
            with complete information.  23p.                            
     310    Kovenock, Dan & de Vries, Casper G.  Fiat exchange in finite
            economies.  34p.                                            
     313    Kovenock, Dan & Phillips, Gordon M.  Capital structure and  
            product market behavior: an examination of plant exit and   
            investment decisions.  38p.                                 
     302    Marmol, Francesc.  Spurious multicointegration.  21p.       
     317    Palomino, Frederic.  Market manipulation and the weekend    
            effect.  24p.                                               
     308    Palomino, Frederic.  On the survival of strictly dominated  
            strategies in large populations.  16p.                      
     298    Pastor-Gosalbez, Maite.  Cost reducing strategies.  22p.    
     315    Phelan, Christopher & Trejos, Alberto.  Optimal sectoral    
            shifts.  22p.                                               
     318    Sakovics, Jozsef & Ponsati, Clara.  Rubinstein bargaining   
            with two-sided options.  4p.                                
     319    Bhattacharya, Sugato & Singh, Rajdeep.  The allocation of   
            residual rights.  33p.                                      
     322    Brusco, Sandro.  Perfect Bayesian implementation in economic
            environments.  32p.                                         
     323    Burguet, Roberto & Vives, Xavier.  Social learning and      
            costly information acquisition.  41p.                       
     321    Martinez-Alier, Joan & O'Connor, Martin.  Ecological and    
            economic distribution conflicts.  38p.                      
     320    Barros, Fatima & Macho-Stadler, Ines.  Competition for      
            managers and market efficiency.  22p.                       
     326    Barros, Pedro & Martinez-Giralt, Xavier.  The impact of the 
            "Chunnel" on the location of production activities.  27p.   




                                                           PAGE   8

     328    Brusco, Sandro.  Organizational dynamics.  22p.             
     329    Chatterji, Shurojit & Chattopadhyay, Subir.  Global         
            stability in spite of "local instability" with learning in  
            general equilibrium models: a generalization.  23p.         
     332    Chamorro, Jose-Maria.  Spatial dispersion in Cournot        
            competition.  16p.                                          
     324    Corchon, Luis C. & Fradera, Isabel.  Comparative statics in 
            free entry Cournot equilibrium.  21p.                       
     316    de la Fuente, Angel.  Assessing the effects of economic     
            integration on growth and welfare, II.  75p.                
     325    Dutta, Bhaskar.  Stability of matchings when individuals    
            have preferences over colleagues.  17p.                     
     327    Kuhn, Kai-Uwe & Padilla, A. Jorge.  A theory of union power 
            and labor turnover.  42p.                                   
     333    Berga Colom, Dolors.  Strategy-proofness and                
            single-plateaued preferences.  28p.                         
     334    Burguet, R. & Sempere, J.  Environmental protection under   
            bilateral trade and imperfect competition: free trade versus
            strategic tariffs.  21p.                                    
     335    Mainquet, F.  An equal right solution to the compensation   
            responsibility dilemma.  22p.                               
     347    Munda, G.  Operationalising equity issues in environmental  
            management: a fuzzy coalition formation approach.  21p.     
     339    Petith, Howard.  The elasticity of substitution and the     
            limiting behavior of marginal products.  12p.               
     331    van der Stel, Hans.  Strategy proofness, Pareto optimality  
            and strictly convex norms.  46p.                            
     350    Burguet, R. & Sakovics, J.  Imperfect competition in auction
            designs.  18p.                                              
     346    Matarazzo, B. & Munda, G.  New approaches for the comparison
            of L-R fuzzy numbers: a theoretical and operational         
            analysis.  30p.                                             
     345    Palomino, F. & Vega, F.  Convergence of aspirations and     
            (partial) cooperation in the prisoner's dilemma.  27p.      
     351    Ponsati, C. & Sakovics, J.  Bargaining in a changing        
            environment.  31p.                                          
     344    Vettas, N.  Investment dynamics in markets with endogenous  
            demand.  44p.                                               

     UNIV. DE BARCELONA.  Div. de Ciencies Juridiques, Econ i Socials.  

     9605   Herranz, Alfonso & Tirado, Daniel A.  Foreign trade traps in
            the European periphery: Spain, 1870-1913.  25p.             
     9603   Marin-Solano, Jesus & Rafels, Carles.  Convexity versus     
            average convexity: potential, PMAS, the Shapley value and   
            simple games.  19p.                                         
     9604   Martinez-de-Albeniz, F. Javier & Rafels, Carles.  On the    
            intersection between the imputation set and the Weber set.  
            13p.                                                        
     9606   Nunez, Marina & Rafels, Carles.  On extreme points of the   
            core and reduced games.  10p.                               

     BOSTON UNIVERSITY.  Dept. of Econ-Industry Studies Program.        

     65     Gale, Douglas & Rosenthal, Robert W.  Experimentation,      
            imitation, and stochastic stability.  36p.                  


                                                           PAGE   9

     63     Ma, Ching-to Albert & Torres, Clemencia.  Capacity          
            constraint and monopoly regulation under asymmetric         
            information.  10p.                                          
     64     Riordan, Michael H.  Anticompetitive vertical integration by
            a dominant firm.  20p.                                      
     67     Biglaiser, Gary & Ma, Ching-to Albert.  Investment          
            incentives of a regulated dominant firm.  23p.              
     66     Ellis, Randall P.  Health premium payment systems for state 
            employees.  31p.                                            
     68     Ray, Debraj & Vohra, Rajiv.  A theory of endogenous         
            coalition structure.  72p.                                  
     70     Melamad, Nahum, Mookherjee, Dilip & Reichelstein, Stefan.   
            Contract complexity, incentives and the value of delegation.
             38p.                                                       
     69     Miron, Jeffrey A.  Some estimates of annual alcohol         
            consumption per capita, 1870-1991.  28p.                    
     71     Mookherjee, Dilip & Reichelstein, Stefan.  Budgeting and    
            hierarchical control.  37p.                                 

     BOSTON UNIVERSITY.  Institute for Economic Development.            

     61     Adda, Jerome & Gonzalo, Jesus.  P-values for non-standard   
            distribution with an application to the DF test.  8p.       
     65     Altonji, Joseph G., Hayashi, Fumio & Kotlikoff, Laurence.   
            Parental altruism and inter vivos transers: theory and      
            evidence.  57p.                                             
     69     Das Gupta, Arindam & Mokherjee, Dilip.  Tax amnesties as    
            asset laundering devices.  35p.                             
     70     Eaton, Jonathan & Tamura, Akiko.  Japanese and U.S. exports 
            and investment as conduits of growth.  27p.                 
     64     Ghosh, Parikshit & Ray, Debraj.  Cooperation in community   
            interaction without information flows.  38p.                
     68     Khandria, Binod.  Economic strategies for banishing child   
            labour: compulsory primary education, specific vs. general  
            egalitarianism, .  25p.                                     
     67     Kotlikoff, Laurence J.  Applying generational accounting to 
            developing countries.  58p.                                 
     66     Kotlikoff, Laurence.  Privatization of social security: how 
            it works and why it matters.  45p.                          
     62     Mukhopdhyay, Hiranya.  Private investment and external debt:
            the debt overhang hypothesis revisited.  32p.               
     56     Mukhopdhyay, Hiranya.  Structural adjustment programs: some 
            new findings.  41p.                                         
     71     Yuasa, Yoshikazu.  Synchronization of Japanese money markets
            and the Eurocurrency market: evidence from the pre- and     
            post-April 1984 p.  44p.                                    

     BROWN UNIVERSITY.  Department of Economics.                        

     9518   Albaek, Karsten & Sorensen, Bent E.  Worker flows and job   
            flows in Danish manufacturing, 1980-91.  46p.               
     9537   Beckmann, Martin J.  Spatial equilibrium under uniform      
            pricing.  9p.                                               
     9525   Carroll, Christopher D., Overland, Jody & Weil, David N.    
            Saving and growth with habit formation.  34p.               



                                                           PAGE  10

     9529   Cho, In-Koo.  Perceptions play repeated games with imperfect
            monitoring.  33p.                                           
     9527   Cho, In-Koo & Li, Hao.  Complexity and network in repeated  
            games: linear strategies.  27p.                             
     9528   Cho, In-Koo & Sargent, Thomas J.  Neural networks for       
            encoding and adapting in dynamic economies.  28p.           
     9526   Dagan, Nir & Volij, Oscar.  Formation of nations in a       
            welfare-state minded world.  32p.                           
     9514   Dagan, Nir, Serrano, Roberto & Volij, Oscar.  Feasible      
            implementation of taxation methods.  23p.                   
     9534   Driscoll, John & Kraay, Aart.  Spatial correlations in panel
            data.  29p.                                                 
     96-9   Elul, Ronel.  Effectively complete equilibria: a note.  11p.
     9519   Elul, Ronel.  Financial innovation, precautionary saving and
            the riskless interest rate.  30p.                           
     9614   Elul, Ronel, Silva-Reus, Jose & Volij, Oscar.  "Will you    
            marry me?": a perspective on the gender gap.  30p.          
     9531   Feldman, Allan M.  Buying time: a model of the dollar value 
            of extra years of life.  33p.                               
     96-2   Feldman, Allan M.  The value of life revisited.  31p.       
     9612   Feldman, Allan M. & Frost, John M.  A simple model of       
            efficient tort liability rules.  28p.                       
     96-3   Galor, Oded.  Convergence?: inferences from theoretical     
            models.  20p.                                               
     9532   Galor, Oded & Tsiddon, Daniel.  Technological progress,     
            mobility, and economic growth.  38p.                        
     9521r  Gozalo, Pedro L.  Nonparametric specification testing with  
            the square root of n-local power and bootstrap critical     
            values.  37p.                                               
     9540   Gonzalo, Pedro & Linton, Oliver.  Using parametric          
            information in nonparametric regression.  53p.              
     9515   Grossman, Herschel I.  American fiscal policy in the 1990s. 
            10p.                                                        
     96-1   Grossman, Herschel I. & Kim, Minseong.  Morality, predation,
            and welfare.  20p.                                          
     9535   Grossman, Herschel I. & Kim, Minseong.  Predation and       
            accumulation.  26p.                                         
     96-6   Krishna, Pravin.  On the choice of instrument: voluntary    
            import expansions (VIEs) vs. voluntary export restraints    
            (VERs).  19p.                                               
     96-5   Krishna, Pravin.  Regionalism and multilateralism: a        
            political economy approach.  25p.                           
     96-8   Krishna, Pravin & Mitra, Devashish.  Trade liberalization,  
            market discipline and productivity growth: new evidence from
            India.  25p.                                                
     96-7   Krishna, Pravin & Bhagwati, Jagdish.  Necessarily           
            welfare-enhancing customs unions w/ industrialization       
            constraints: the Cooper-Massell-Johnson-Bhagwati .  12p.    
     9611   Lancaster, Tony & Lindenhovius, Bernard.  Biases in dynamic 
            panel data models: a reconsideration (first revision).  21p.
     9536   Lancaster, Tony & Intrator, Orna.  Panel data with survival:
            hospitalization of HIV patients.  19p.                      
     9530   Linton, Oliver & Gozalo, Pedro.  A nonparametric test of    
            conditional independence.  32p.                             




                                                           PAGE  11

     9610   Linton, O.B. & Gozalo, P.L.  Testing additivity to          
            generalized nonparametric regression models.  22p.          
     9520   Malliaris, A.G. & Stein, Jerome L.  Microanalytics of price 
            volatility.  29p.                                           
     9517   Owen, Ann & Weil, David N.  Intergenerational earnings      
            mobility, inequality, and growth.  48p.                     
     9538   Pitt, Mark M.  Estimating the determinants of child health  
            when fertility and mortality are selective.  28p.           
     9539   Pitt, Mark M. & Khandker, Shahidur R.  The impact of        
            group-based credit programs on poor households in           
            Bangladesh: does the gender of participants matter?.  34p.  
     9522   Serrano, Roberto.  Reinterpreting the kernel.  26p.         
     9523   Serrano, Roberto & Volij, Oscar.  Axiomatizations of        
            neoclassical concepts for economies.  28p.                  
     9524   Serrano, Roberto & Yosha, Oved.  Decentralized information  
            and the Walrasian outcome: a pairwise meetings market with  
            private values.  28p.                                       
     96-4   Stein, Jerome L.  The natural real exchange rate: theory &  
            application to the real exchange rate of the U.S. dollar    
            relative to the G.  104p.                                   
     9533   Stein, Jerome L.  Real exchange rates and current accounts: 
            the implications of economic science for policy decisions.  
            40p.                                                        
     9516   Stein, Jerome L. & Sauerheimer, Karlhans.  The equilibrium  
            real exchange rate of Germany.  37p.                        
     9613   Stein, Jerome L. & Paladino, Giovanna.  Recent developments 
            in international finance: a guide to research.  37p.        

     STATE UNIVERSITY OF NEW YORK AT BUFFALO.  Department of Economics. 

     9504   Anas, Alex.  Default on the mortgage, savings and moral     
            hazard.  27p.                                               
     9503   Holmes, James M. & Hutton, Patricia A.  Keynesian           
            involuntary unemployment and sticky nominal wages.  36p.    

     CALIFORNIA INSTITUTE OF TECHNOLOGY.  Div. of the Human. & Soc. Sci.

     937    Cachon, Gerard P. & Camerer, Colin F.  Loss avoidance and   
            forward induction in experimental coordination games.  29p. 
     939    Cox, Gary W. & Katz, Jonathan N.  Why did the incumbency    
            advantage in U.S. house elections grow?.  22p.              
     940    Ghiradato, Paolo.  On independence for non-additive         
            measures, with a Fubini theorem.  36p.                      
     921    Hillion, Pierre & Young, S. David.  The Czechoslovak        
            privatization auction: an empirical investigation.  62p.    
     930    Kousser, J. Morgan.  Reapportionment wars: party, race, and 
            redistricting in California, 1971-1992.  63p.               
     950    Alvarez, R. Michael.  Survey measures of uncertainty: a     
            report to the National Election Studies Board on the use of 
            "certainty" questions.  22p.                                
     946    Camerer, Colin.  Rules for experimenting in psychology and  
            economics and why they differ.  16p.                        
     931    Fohlin, Caroline M.  Relationship banking and corporate     
            governance in the Kaiserreich.  33p.                        




                                                           PAGE  12

     945    Ghirardato, Paolo.  Coping with ignorance: unforseen        
            contingencies and non-additive uncertainty.  45p.           
     951    Lee, In Ho.  Merging of forecasts in Markov models.  6p.    
     947    McKelvey, Richard D. & Palfrey, Thomas R.  Quantal response 
            equilibria for extensive form games.  32p.                  
     936    Papai, Szilvia.  Strategy proof allocation of a single      
            object.  14p.                                               
     941    Plott, Charles R. & Wilkie, Simon.  Local telephone         
            exchanges, regulation and entry.  35p.                      
     944    Aliprantis, C.D., Border, Kim C. & Burkinshaw, Owen.        
            Economies with many commodities.  60p.                      
     954    Alvarez, R. Michael.  Studying congressional and            
            gubernatorial campaigns.  41p.                              
     949    Alvarez, R. Michael, Bowler, Shaun & Nagler, Jonathan.      
            Issues, economics and the dynamics of multi-party elections:
            the British 1987 general election.  36p.                    
     952    Bossaerts, Peter.  Rational price discovery in experimental 
            and field data.  17p.                                       
     942    Dubin, Jeffrey A. & Kalsow, Gretchen A.  Comparing absentee 
            and precinct voters: a view over time.  27p.                
     943    Dubin, Jeffrey A. & Kalsow, Gretchen A.  Comparing absentee 
            and precinct voters: voting on direct legislation.  22p.    
     955    McKelvey, Richard D. & Palfrey, Thomas R.  A statistical    
            theory of equilibrium in games.  27p.                       
     912    Palfrey, Thomas R.  Implementation theory.  57p.            
     938    Papai, Szilvia.  Strategyproof and nonbossy assignments.    
            26p.                                                        
     965    Aliprantis, C.D., et al.  Portfolio dominance and optimality
            in infinite securities markets.  23p.                       
     964    Aliprantis, C.D., et al.  Yudin cones and inductive limit   
            topologies.  21p.                                           
     969    Alvarez, R. Michael & Franklin, Charles H.  Attitudes,      
            uncertainty and survey responses.  36p.                     
     961    Alvarez, R. Michael & Brehm, John.  Information and American
            attitudes toward bureaucracy.  23p.                         
     959    Alvarez, R. Michael & Nagler, Jonathan.  When politics and  
            models collide: estimating models of multi-party elections. 
            33p.                                                        
     966    Blecherman, Barry & Camerer, Colin F.  Is there a winner's  
            curse in the market for baseball players?: evidence from the
            field.  24p.                                                
     960    Camerer, Colin, et al.  Labor supply of New York City cab   
            drivers: one day at a time.  33p.                           
     963    Filippov, Mikhail & Ordeshook, Peter C.  Fraud or fiction:  
            who stole what in Russia's December 1993 elections?.  48p.  
     968    Hanson, Robin.  Voters can have strong incentives to become 
            informed, or to be strategically ignorant.  25p.            
     962    Ordeshook, Peter C.  Russia's party system: is Russian      
            federalism viable?.  20p.                                   
     967    Polishchuk, Leonid.  Input markets development, property    
            rights, and extra-market redistribution.  28p.              
     958    Bossaerts, Peter.  Martingale restrictions on equilibrium   
            prices of Arrow-Debreu securities under rational            
            expectations and consistent.  46p.                          




                                                           PAGE  13

     977    Bossaerts, Peter, Ghysels, Eric & Gourieroux, Christian.    
            Arbitrage-based pricing when volatility is stochastic.  39p.
     970    Camerer, Colin, Knez, Marc & Weber, Roberto A.  Timing and  
            virtual observability in ultimatum bargaining and `weak     
            link' coordination games.  34p.                             
     971    Dutta, Bhaskar & Mutuswami, Suresh.  Stable networks.  20p. 
     948    Fohlin, Caroline.  Fiduciari and firm liquidity constraints:
            the Italian experience with German style universal banking. 
            25p.                                                        
     974    Ho, Teck Hua, Weigelt, Keith & Camerer, Colin.  Iterated    
            dominance and iterated best response in experimental        
            `p-beauty contests'.  54p.                                  
     956    Ledyard, John O. & Palfrey, Thomas R.  Interim efficiency in
            a public goods problem.  20p.                               
     978    Ledyard, John O., Porter, David & Rangel, Antonio.  The     
            results of some tests of mechanism design for the allocation
            and pricing of collections of heterogeneous items.  35p.    
     975    Lovallo, Dan & Camerer, Colin F.  Overconfidence and excess 
            entry: an experimental approach.  31p.                      
     957    Plott, Charles R.  Laboratory experimental testbeds:        
            application to the PCS auction.  32p.                       

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     244    Ennis, Sean.  The Northridge earthquake: a natural          
            experiment in market structure.  40p.                       
     243    Gilles, Robert P. & Scotchmer, Suzanne.  Decentralization in
            replicated club economies with multiple private goods.  33p.
     242    O'Donoghue, Ted, Scotchmer, Suzanne & Thisse, Jacques-F.    
            Patent breadth, patent life, and the pace of technological  
            improvement.  33p.                                          
     245    Goldman, Steven M. & Lightwood, James.  Cost optimization in
            the SIS model of infectious disease with treatment.  33p.   
     247    O'Regan, Katherine M. & Quigley, John M.  Spatial effects   
            upon employment outcomes: the case of New Jersey teenagers. 
            31p.                                                        
     246    Scotchmer, Suzanne.  Externality pricing in club economies. 
            23p.                                                        
     248    Boskin, Michael J.  Learn, earn, and serve: commencement    
            address to the Economics Department, U Cal Berkeley, May    
            1996.  19p.                                                 
     249    Shannon, Chris.  Determinacy of competitive equilibria in   
            economies with many commodities.  53p.                      

     UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.  

     56     Eichengreen, Barry & von Hagen, Jurgen.  Fiscal policy and  
            monetary union: federalism, fiscal restrictions and the no  
            bailout rule.  35p.                                         
     57     Eichengreen, Barry & Wyplosz, Charles.  What do currency    
            crises tell us about the future of the international        
            monetary system?.  18p.                                     
     58     Frankel, Jeffrey.  How well do foreign exchange markets     
            function?: might a Tobin tax help?.  57p.                   




                                                           PAGE  14

     54     Frankel, Jeffrey A. & Okongwu, Chudozie.  Liberalized       
            portfolio capital inflows in emerging markets:              
            sterilization, expectations, and the incompleteness of i.   
            45p.                                                        
     55     Frankel, Jeffrey & Wyplosz, Charles.  A proposal to         
            introduce the ECU first in the East.  9p.                   
     60     Frankel, Jeffrey A.  Recent exchange rate experience and    
            proposals for reform.  15p.                                 
     61     Frankel, Jeffrey.  The world over the next twenty-five      
            years: global trade liberalization and the relative growth  
            of different regions.  20p.                                 
     59     Frankel, Jeffrey A., Stein, Ernesto & Wei, Shang-Jin.       
            Regional trading arragements: natural or supernatural?.     
            14p.                                                        
     62     Frankel, Jeffrey A. & Rose, Andrew K.  Currency crashes in  
            merging markets: empirical indicators.  29p.                
     63     Obstfeld, Maurice.  Intertemporal price speculation and the 
            optimal current-account deficit: reply and clarification.   
            12p.                                                        
     64     Bardhan, Pranab.  The economics of corruption in less       
            developed countries: a review of issues.  45p.              
     65     Bardhan, Pranab.  Efficiency, equity and poverty            
            alleviation: policy issues in less developed countries.     
            23p.                                                        
     66     Bardhan, Pranab.  The nature of institutional impediments to
            economic development.  32p.                                 
     68     Eichengreen, Barry & Frankel, Jeffrey A.  On the SDR:       
            reserve currencies and the future of the international      
            monetary system.  73p.                                      
     67     Frankel, Jeffrey A. & Shmukler, Sergio L.  Country fund     
            discounts, asymmetric information and the Mexican crisis of 
            1994: did local residents turn pessimistic.  37p.           
     72     Baek, Seung-Gwan.  Favorable external shocks, sectoral      
            adjustment and de-industrialization in non oil producing    
            economies.  42p.                                            
     70     Bardhan, Pranab.  Method in the madness?: a political       
            economy analysis of ethnic conflicts in less developed      
            countries.  39p.                                            
     69     Bardhan, Pranab & Priale, Rodrigo.  Endogenous growth theory
            in a vintage capital model.  35p.                           
     71     Dayton-Johnson, Jeff & Bardhan, Pranab.  Inequality and     
            conservation on the local commons: a theoretical exercise.  
            40p.                                                        
     73     Frankel, Jeffrey A. & Rose, Andrew K.  Economic structure   
            and the decision to adopt a common currency.  57p.          

     UNIVERSITY OF CALIFORNIA-LOS ANGELES.  Department of Economics.    

     741    Durham, Yvonne, Hirshleifer, Jack & Smith, Vernon L.        
            Experimental tests of the paradox of power.  45p.           
     742    Ellickson, Bryan & Penalva-Zuasti, Jose.  Intertemporal     
            insurance.  29p.                                            
     734    Hu, Wei-Yin.  Child support, welfare dependency, and women's
            labor supply.  60p.                                         




                                                           PAGE  15

     747    Lal, Deepak.  Arms and the man: the costs and benefits of   
            defense expenditure.  23p.                                  
     732    Lal, Deepak.  Eco-fundamentalism.  24p.                     
     744    Lal, Deepak.  Policies for economic development: why the    
            wheel has come full circle.  39p.                           
     737    Makowski, Louis & Ostroy, Joseph M.  Arbitrage and the      
            flattening effect of large numbers.  31p.                   
     745    Makowski, Louis, Ostroy, Joseph M. & Segal, Uzi.  Perfect   
            competition as the blueprint for efficiency and incentive   
            compatibility.  37p.                                        
     736    Martinelli, Cesar & Tommasi, Mariano.  Economic reforms and 
            political constraints: on the time inconsistency of gradual 
            sequencing.  23p.                                           
     735    Nachbar, John & Zame, William R.  Non-computable strategies 
            and discounted repeated games.  30p.                        
     743    Somers, Harold M.  Taxing multinationals while minimizing   
            economic distortion.  32p.                                  
     739    Thompson, Earl A. & Hickson, Charles R.  Exchange controls  
            and hyperinflation as efficient governmental responses to   
            externally imposed trade liberalization.  44p.              
     746    Thompson, Earl A.  Why world oil monopolization lowers oil  
            prices: a theory of involuntary cartelization.  25p.        
     733    Tommasi, Mariano & Velasco, Andres.  Where are we in the    
            political economy of reform?.  69p.                         
     738    Yelowitz, Aaron S.  The Medicaid notch, labor supply and    
            welfare participation: evidence from eligibility expansions.
             39p.                                                       
     752    Cameron, Trudy A. & Englin, Jeffrey.  Respondent experience 
            and contingent valuation of environmental goods.  26p.      
     751    Cameron, Trudy A., et al.  Using distance and zip code      
            census information for nonresponse correction in the        
            analysis of mail survey data.  27p.                         
     749    Hirshleifer, Jack & Osborne, Evan.  The legal battle.  27p. 
     750    Hu, Wei-Yin.  Elderly immigrants on welfare.  42p.          
     754    Lahiri, Amartya & Puhakka, Mikko.  Habit persistence in     
            overlapping generations economies under pure exchange.  23p.
     755    Ruhl, Christof & Vinogradov, Viatcheslav.  Economic         
            discontent versus social commitment in economic development.
             26p.                                                       
     756    Yelowitz, Aaron S.  Did recent Medicaid reforms cause the   
            caseload explosion in the food stamp program?.  39p.        
     753    Yelowitz, Aaron S.  Using the Medicare buy-in program to    
            estimate the effect on Medicaid on SSI participation.  53p. 
     748    Yelowitz, Aaron S.  Why did the SSI-disabled program grow so
            much?: disentangling the effect on Medicaid.  38p.          

     UNIVERSITY OF CALIFORNIA-SAN DIEGO.  Department of Economics.      

     9540   Andersen, Lykke E.  An econometric analysis of deforestation
            in the Brazilian Amazon.  16p.                              
     9535   Andersen, Lykke E. & Granger, Clive W.J.  A random          
            coefficient VAR transition model of the changes in land use 
            in the Brazilian Amazon.  10p.                              
     9544   Boswijk, Peter, Franses, Philip H. & Haldrup, Niels.        
            Multiple unit roots in periodic autoregression.  30p.       



                                                           PAGE  16

     9529   Cavanagh, Christopher L., Elliott, Graham & Stock, James H. 
            Inference in models with nearly integrated regressors.  25p.
     9537   Crawford, Vincent P.  Theory and experiment in the analysis 
            of strategic interaction.  50p.                             
     9541   Crawford, Vincent P. & Broseta, Bruno.  What price          
            coordination?: auctioning the right to play as a form of    
            preplay communication.  48p.                                
     9538   Den Haan, Wouter J.  Aggregate shocks and cross-sectional   
            dispersion.  34p.                                           
     9532   Edlin, Aaron S., Epelbaum, Mario & Heller, Walter P.  Is    
            perfect price discrimination really efficient?: welfare and 
            existence in general equilibrium.  36p.                     
     9542   Elliott, Graham.  Tests for the correct specification of    
            cointegrating vectors and the error correction model.  35p. 
     9546   Engle, Robert F. & Lee, Gary G.J.  Estimating diffusion     
            models of stochastic volatility.  34p.                      
     9533   Engle, Robert F. & Russell, Jeffrey R.  Forecasting the     
            frequency of changes in quoted foreign exchange prices with 
            the autoregressive conditional duration.  36p.              
     9545   Engsted, Tom & Haldrup, Niels.  Estimating the linear       
            quadratic adjustment cost (LQAC) model with I(2) variables. 
            21p.                                                        
     9531   Flores, Nicholas E. & Carson, Richard T.  The relationship  
            between income elasticities of demand and willingness to    
            pay.  22p.                                                  
     9539   Germano, Fabrizio.  Bertrand-Edgeworth equilibria in finite 
            exchange economies.  52p.                                   
     9543   Granger, Clive W.J. & Haldrup, Niels.  Separation in        
            cointegrated systems, long memory components and common     
            stochastic trends.  16p.                                    
     9534   Hamilton, James D.  Specification testing in Markov         
            switching time series models.  48p.                         
     9536   Hamilton, James D.  This is what happened to the oil        
            price-macroeconomy relationship.  10p.                      
     9547   Squires, Dale.  Firm behavior under rations and vouchers:   
            the theory and application of inverse derived demand.  40p. 
     9530   Watson, Joel.  Building a relationship.  41p.               
     9604   Bagwell, Kyle & Ramey, Garey.  Coordination economies,      
            sequential search and advertising.  51p.                    
     9621   Betts, Julian R.  Do school resources matter only for older 
            workers?.  47p.                                             
     9609   Betts, Julian R.  Is there a link between school inputs and 
            earnings?: fresh scrutiny of an old literature.  75p.       
     9616   Betts, Julian R.  The role of homework in improving school  
            quality.  42p.                                              
     9610   Boswijk, H. Peter & Franses, Philip H.  Common persistence  
            in nonlinear autoregressive models.  15p.                   
     9617   Den Haan, Wouter j. & Levin, Andrew.  A practitioner's guide
            to robust covariance matrix estimation.  56p.               
     9607   Elliott, Graham & Fatas, Antonio.  International business   
            cycles and the dynamics of the current account.  29p.       
     9615   Engle, Robert F.  The econometrics of ultra-high frequency  
            data.  18p.                                                 
     9603   Grossbard-Schechtman, Shoshana & Granger, Clive W.J.        
            Women's jobs and marriage: baby-boom versus baby-bust.  22p.



                                                           PAGE  17

     9619   Hamilton, James D.  Measuring the liquidity effect.  54p.   
     9618   Hamilton, James D. & Lin, Gang.  Stock market volatility and
            the business cycle.  39p.                                   
     9613   Perez-Quiros, Gabriel & Timmermann, Allan.  On business     
            cycle variation in the mean, volatility and conditional     
            distribution of stock returns.  50p.                        
     9602   Ramey, Garey.  Equilibrium R & D with an infinite sequence  
            of innovations.  28p.                                       
     9608   Ramey, Garey & Watson, Joel.  Bilteral trade and            
            opportunities in a matching market.  35p.                   
     9601   Ramey, Garey & Seo, Junghwan.  Licensing rivalry, research  
            joint ventures, and patent pooling.  26p.                   
     9606   Raut, Lakshmi K.  A reformulation of Aumann-Shapley random  
            order values of non-atomic games using invariant measures.  
            33p.                                                        
     9605   Raut, Lakshmi K.  Signalling equilibrium, intergenerational 
            mobility and long-run growth.  19p.                         
     9611   Siklos, Pierre L. & Granger, Clive W.J.  Temporary          
            cointegration with an application to interest rate parity.  
            17p.                                                        
     9620   Sobel, Joel.  Bean counting: standard choice in a           
            two-dimensional incentive program.  25p.                    
     9612   Sobel, Joel.  Theories of declining standards.  18p.        
     9614   Timmermann, Allan.  Excess volatility and predictability of 
            stock prices in autoregressive dividend models with         
            learning.  45p.                                             

     UNIVERSITY OF CALIFORNIA-SANTA BARBARA.  Department of Economics.  

     18/95  Bohn, Henning & Inman, Robert P.  Constitutional limitations
            and public deficits: evidence from the U.S. states.  61p.   
     19/95  DeCanio, Stephen J.  The energy paradox: bureaucratic and   
            organizational barriers to profitable energy saving         
            investments.  37p.                                          
     20/95  DeCanio, Stephen J. & Watkins, William E.  Investments in   
            energy efficiency: do the characteristics of firms matter?. 
            36p.                                                        
     21/95  Trejo, Stephen J.  Does the statutory overtime premium      
            discourage long workweeks?.  32p.                           
     1/96   Funkhouser, Edward.  How much of immigrant wage assimilation
            is related to English language acquisition?.  55p.          
     2/96   Xing, Yuqing & Kolstad, Charles D..  Environment and trade: 
            a review of theory and issues.  25p.                        
     3/96   Kelly, David L. & Kolstad, Charles D.  The climate change   
            footprint: will we see it before it is upon us?.  37p.      
     4/96   Frech, H.E.  Health economics: from patient to consumer.    
            37p.                                                        
     6/96   French, H.E.  The nonequivalence of vertical merger and     
            exclusive dealing.  42p.                                    
     5/96   Frech, H.E. & Mobley, Lee R.  The Demsetz hypothesis and    
            hospital workers: an empirical analysis.  35p.              
     7/96   Rowland, Patrick F.  Transaction costs and convergence to an
            internationally diversified portfolio.  48p.                
     9/96   Kelly, David L. & Kolstad, Charles D.  Malthus and climate  
            change: betting on a stable population.  24p.               



                                                           PAGE  18

     8/96   Qin, Cheng-Zhong.  "Hostages" and cooperation in the        
            prisoner's dilemma.  13p.                                   
     11/96  Carrington, Samantha, Carrington-Crouch, Robert & Everett,  
            Lorne.  A cost benefit analysis of California's leaking     
            underground fuel tanks.  19p.                               
     10/96  Hahm, Joon-Ho & Steigerwald, Douglas G.  Consumption        
            adjustment under changing income uncertainty.  26p.         
     14/96  Sengupta, Jati K.  Recent models in dynamic economics:      
            problems of estimating terminal conditions.  21p.           
     12/96  Sengupta, Jati K. & Sfeir, Raymond.  Modelling exchange rate
            volatility.  24p.                                           
     13/96  Sengupta, Jati K. & Sfeir, Raymond.  Past trend versus      
            future expectation: test of exchange rate volatility.  10p. 

     UNIVERSITY OF CAMBRIDGE.  Department of Applied Economics.         

     9601   Baliga, Sandeep & Evans, Robert.  Renegotiation in repeated 
            games with transfers.  14p.                                 
     9610   Gilli, Mario.  Learning standards of social behaviour in a  
            stationary society.  40p.                                   

     BANK OF CANADA.  Technical Reports.                                

     74     Stuber, Gerald.  The electronic purse: an overview of recent
            developments and policy issues.  64p.                       
     75     Coletti, Donald, et al.  The Bank of Canada's new quarterly 
            projection model, part 3: the dynamic model.  135p.         
     76     Murray, John, van Norden, Simon & Vigfusson, Robert.  Excess
            volatility and speculative bubbles in the Canadian dollar:  
            real or imagined?.  43p.                                    

     UNIVERSITY OF CANTERBURY.  Department of Economics.                

     9508   Winkelmann, Rainer.  Apprenticeship and after: does it      
            really matter?.  29p.                                       
     9601   Winkelmann, Rainer.  Another look at work contracts and     
            absenteeism.  14p.                                          
     9602   Winkelmann, Rainer.  Markov chain Monte Carlo analysis of   
            underreported count data w/ an application to worker        
            absenteeism.  16p.                                          
     9604   Guender, Alfred V. & Lees, Kirdan.  Optimal revenue         
            smoothing: the case of New Zealand.  23p.                   
     9603   Winkelmann, Rainer.  Count data models with selectivity.    
            19p.                                                        
     9605   Chib, Siddhartha, Greenberg, Edward & Winkelmann, Rainer.   
            Posterior simulation and model choice in longitudinal       
            generalized linear models.  30p.                            

     UNIVERSIDAD CARLOS III de MADRID.  Dept. de Economia.              

     9554   Collado, M. Dolores.  Separability and aggregate shocks in  
            the life-cycle model of consumption: evidence from Spain.   
            24p.                                                        
     9546   Estrada, Javier & Pena, J. Ignacio.  Empirical evidence on  
            the impact of European insider trading regulations.  28p.   



                                                           PAGE  19

     9535   Kranich, Laurence.  Equitable opportunities in economic     
            environments.  13p.                                         
     9536   Kranich, Laurence.  Equity and economic theory: reflections 
            on methodology and scope.  37p.                             
     9543   Kujal, Praveen.  Implementation of quantity restrictions and
            the effect on market power.  19p.                           
     9534   Licandro, Omar & Puch, Luis A.  Capital utilization,        
            maintenance costs and the business cycle.  23p.             
     9544   Martinelli, Cesar.  Small firms, borrowing constraints, and 
            reputation.  21p.                                           
     9533   Martinelli, Cesar & Tommasi, Mariano.  Economic reforms and 
            political constraints: on the time inconsistency of gradual 
            sequencing.  23p.                                           
     9530   Moreno, Diego & Wooders, John.  An experimental study of    
            communication and cooperation in noncooperative games.  29p.
     9545   Moreno, Manuel & Pena, J. Ignacio.  On the term structure of
            interbank interest rates: jump-diffusion processes and      
            option pricing.  35p.                                       
     9537   Ok, Efe A. & Kranich, Laurence.  The measurement of         
            opportunity inequality: a cardinality based approach.  24p. 
     9559   Boucekkine, Raouf, Licandro, Omar & Paul, Christopher.      
            Differential-difference equations in economics: on the      
            numerical solution of vintage capital growth markets.  25p. 
     9610   Camino, David.  The role of information and trading volume  
            on intradaily and weekly returns patterns in the Spanish    
            stock market.  28p.                                         
     9611   Camino, David.  A transaction cost approach to strategic    
            alliances in telecommunications.  27p.                      
     9603   del Rio, Coral & Ruiz-Castillo, Javier.  Intermediate       
            inequality and welfare: the case of Spain, 1980-81 to       
            1990-91.  31p.                                              
     9608   Ganuza, Juan Jose.  Optimal procurement mechanism with      
            observable quality.  22p.                                   
     9601   Kujal, Praveen & Michelitsch, Roland.  Market power,        
            inelastic elasticity of demand, and terms of trade.  67p.   
     9602   Petrakis, Emmanuel & Vlassis, Minas.  Endogenous wage       
            bargaining institutions in oligopolistic industries.  24p.  
     9613   Cardone, Clara.  A single European Union deposit insurance  
            scheme?: an overview.  15p.                                 
     9609   Dhillon, Amrita & Petrakis, Emmanuel.  On centralized       
            bargaining in a symmetric oligopolistic industry.  20p.     
     9612   Einy, Ezra, et al.  Core equivalence theorems for infinite  
            convex games.  18p.                                         
     9556   Escribano, Alvaro & Granger, Clive W.J.  Investigating the  
            relationship between gold and silver prices.  33p.          
     9604   Ruiz-Castillo, Javier.  A simplified model for social       
            welfare analysis: an application to Spain, 1973-74 to       
            1980-81.  29p.                                              
     9617   Villar, Olga Alonso.  Configuration of cities: the effects  
            of congestion cost and government.  39p.                    
     9618   Villar, Olga Alonso.  Spatial distribution of production and
            international trade.  28p.                                  
     9628   Alonso-Borrego, Cesar.  Demand for labour inputs and        
            adjustment costs: evidence from Spanish manufacturing firms.
             33p.                                                       



                                                           PAGE  20

     9627   Boucekkine, Raouf & Fagnart, Jean-Francois.  Solving recent 
            real business cycle models using linearization: further     
            reserves.  9p.                                              
     9625   Boucekkine, Raouf, Le Van, Cuong & Schubert, Katheline.  How
            to get the Blanchard-Kahn form from a general linear        
            rational expectations model.  14p.                          
     9631   Cancelo, Jose Ramon & Espasa, Antoni.  Using high freqency  
            data and time series models to improve yield management.    
            23p.                                                        
     9557   Delgado, Miguel A. & Miles, Daniel.  Household              
            characteristics and consumption behaviour: a nonparametric  
            approach.  34p.                                             
     9626   Espasa, Antoni, Revuelta, J. Manuel & Cancelo, J. Ramon.    
            Automatic modelling of daily series of economic activity.   
            13p.                                                        
     9621   Estrada, Javier & Pastor, Santos.  The distribution of      
            sentences in tax-related cases: evidence from Spanish courts
            of appeals.  28p.                                           
     9624   Fagnart, Jean-Francois, Licandro, Omar & Sneessens, Henri.  
            Capacity utilization and market power.  21p.                
     9623   Fagnart, Jean-Francois, Licandro, Omar & Portier, Franck.   
            Idiosyncratic uncertainty, capacity utilization and the     
            business cycle.  20p.                                       
     9630   Goutis, Constantinos.  Nonparametric estimation of a mixing 
            density via the kernel method.  14p.                        
     9615   Kujal, Praveen.  The impact of regulatory controls in       
            industry structure: a study of the car and scooter industry 
            in India.  47p.                                             
     9629   Petrakis, Emmanuel & Vlassis, Minas.  Endogenous scope of   
            bargaining in oligopoly.  23p.                              
     9638   Boucekkine, Raouf, Germain, Marc & Licandro, Omar.          
            Replacement echoes in the vintage capital growth model.     
            17p.                                                        
     9636   Corcho-Sanchez, Paula I.  Generalized externality games:    
            economic applications.  20p.                                
     9640   Einy, Ezra, Monderer, Dov & Moreno, Diego.  The least core, 
            kernel, and bargaining sets of large games.  20p.           
     9622   Florenzano, Monique & Moreno Garcia, Emma.  Linear exchange 
            economies with a continuum of agents.  18p.                 
     9653   Ruiz-Castillo, Javier & Vargas, Carmen.  A social welfare   
            model for the evaluation of the Spanish income tax system.  
            37p.                                                        

     CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.   

     9509   Cohen, Daniel.  Tests of the `convergence hypothesis': some 
            further results.  23p.                                      
     9507   Cohen, Daniel.  The transition in Russia: successes         
            (privatization, low unemployment..) and failures (Mafias,   
            liq. constraints..).  24p.                                  

     COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series. 

     9510   Bartel, Ann P. & Sicherman, Nachum.  Technological change   
            and the skill acquisition of young workers.  62p.           



                                                           PAGE  21

     9508   Browne, Sid.  Optimal investment policies for a firm with a 
            random risk process: exponential utility & minimizing the   
            probability.  26p.                                          
     9509   Browne, Sid.  The return on investment from proportional    
            portfolio strategies.  33p.                                 
     9513   Donaldson, John B. & Dutta, Jayasri.  Anticipation and the  
            aggregation of idiosyncratic risks.  49p.                   
     9514   Economides, Nicholas, Hubbard, R. Glenn & Palia, Darius.    
            The political economy of branching restrictions and deposit 
            insurance: a model of monopolistic competition among sm.    
            39p.                                                        
     9515   Hamao, Yasushi & Mei, Jianping.  Living with the "enemy": an
            analysis of foreign investment in the Japanese equity       
            market.  38p.                                               
     9511   Morgan, Donald P.  Bank loan commitments and the lending    
            channel of monetary policy.  25p.                           
     9512   Morgan, Donald P.  Bank monitoring mitigates agency         
            problems: new evidence using the financial covenants in bank
            loan commitments.  23p.                                     
     9525   Campa, Jose M. & Chang, P.H. Kevin.  Arbitrage-based tests  
            of target zone credibility: evidence from ERM cross-rate    
            options.  37p.                                              
     9526   Campa, Jose M. & Chang, P.H. Kevin.  The forecasting ability
            of correlations implied in foreign exchange options.  29p.  
     9519   Chichilnisky, Graciela & Heal, Geoffrey M.  Special choice  
            with infinite populations: construction of a rule and       
            impossibility results.  20p.                                
     9517   Heal, Geoffrey M.  Markets and biodiversity.  10p.          
     9516   Heal, Geoffrey M.  International dimensions of environmental
            policy.  24p.                                               
     9518   Heal, Geoffrey M.  Social choice and resource allocation: a 
            topological perspective.  12p.                              
     9527   Vassalou, Maria.  Tests of alternative international asset  
            pricing models.  42p.                                       
     9521   Aitken, Brian, Harrison, Ann & Lipsey, Robert E.  Wages and 
            foreign ownership: a comparative study of Mexico, Venezuela,
            and the United States.  32p.                                
     9522   Chichilnisky, Graciela & Heal, Geoffrey M.  The geometry of 
            implementation: a necessary and sufficient condition for    
            straightforward games.  33p.                                
     9531   Edwards, Franklin R.  Mutual funds and financial stability. 
            43p.                                                        
     9532   Edwards, Franklin R & Park, James M.  Do managed futures    
            make good investments?.  60p.                               
     9529   Gilchrist, Simon & Himmelberg, Charles P.  Evidence on the  
            role of cash flow for investment.  37p.                     
     9528   Hamao, Yasushi & Jegadeesh, Narasimhan.  Japanese government
            bond auctions: the U.S. experience.  31p.                   
     9520   Hanson, Gordon H. & Harrison, Ann.  Trade, technology and   
            wage inequality.  46p.                                      
     9530   Heal, Geoffrey.  Derivatives and the efficient allocation of
            price risks in a general equilibrium world.  18p.           
     9523   Heal, Geoffrey M.  Emission constraints, emission permits   
            and marginal abatement costs.  10p.                         




                                                           PAGE  22

     9524   Heal, Geoffrey M.  Interpreting sustainability.  12p.       
     9604   Collins, Julie, Kemsley, Deen & Lang, Mark.                 
            Cross-jurisdictional income shifting and earnings valuation.
             44p.                                                       
     9601   Glosten, Lawrence R.  Competition and the set of allowable  
            prices.  34p.                                               
     9603   Heal, Geoffrey, Chichilnisky, Graciela & Beltratti, Andrea. 
            Uncertain future preferences and conservation.  18p.        
     9608   Lichtenberg, Frank R.  The effect of pharmaceutical         
            utilization and innovation on hospitalization and mortality.
             44p.                                                       
     9606   Locke, Peter R. & Sarkar, Asani.  Volatility and liquidity  
            in futures markets.  28p.                                   
     9607   Locke, Peter R., Sarkar, Asani & Wu, Lifan.  Did the good   
            guys lose?: heterogeneous traders and regulatory            
            restrictions on dual trading.  29p.                         
     9605   Reyes, Benedicte M.  The impact of capital and ownership    
            structure on corporate investment: evidence from France.    
            37p.                                                        
     9602   Schramm, Ronald M.  Optimal financial contracts in a two    
            sector open economy (Ricardo meets the CAPM).  19p.         

     UNIVERSITY OF COPENHAGEN.  Institute of Economics.                 

     9519   Andersen, Torben G. & Sorensen, Bent E.  GMM estimation of a
            stochastic volatility model: a Monte Carlo study.  55p.     
     9601   Browning, Martin & Lusardi, Annamaria.  Household saving:   
            micro theories and micro facts.  96p.                       
     9520   Groth, Christian.  Growth with public research and private  
            education.  10p.                                            
     9602   Juselius, Katarina.  A structured VAR under changing        
            monetary policy.  77p.                                      
     9518   la Cour, Lisbeth F.  A component-based analysis of the      
            Danish long-run money demand relation.  26p.                
     9517   Persson, Karl G.  Despotic liberalism and the decline of    
            grain market regulation in Europe, 1760-1850.  21p.         
     9603   Benoit, Jean-Pierre & Krishna, Vijay.  The folk theorems for
            repeated games: a synthesis.  34p.                          
     9605   Dierker, Egbert & Grodal, Birgit.  The price normalization  
            problem in imperfect competition and the objective of the   
            firm.  32p.                                                 
     9606   Fagnart, Jean-Francois, Licandro, Omar & Portier, Franck.   
            Idiosyncratic uncertainty, capacity utilization and the     
            business cycle.  20p.                                       
     9607   Schultz, Christian.  Annoucements and credibility of        
            monetary policy.  11p.                                      
     9604   Schultz, Christian.  Political competition and polarization.
             28p.                                                       
     9609   Browning, Martin.  The saving behavior of a two person      
            household.  32p.                                            
     9610   Browning, Martin & Chiappori, P.A.  Efficient               
            intra-household allocations: a general characterization and 
            empirical tests.  47p.                                      
     9611   Browning, Martin & Crossley, Thomas.  Unemployment insurance
            benefit levels and consumption changes.  33p.               



                                                           PAGE  23

     9612   Jorgensen, Clara, Kongstad, Hans C. & Rahbek, Anders.       
            Trend-stationarity in the I(2) cointegration model.  35p.   
     9608   Rubin, Jonathan & Thygesen, Niels.  Monetary union and the  
            outsiders: a cointegration/codependence analysis of business
            cycles in Europe.  64p.                                     
     9613   Sorensen, Bent E & Yosha, Oved.  Income and consumption     
            smoothing among U.S. states: regions or clubs?.  34p.       

     CORNELL UNIVERSITY.  Center for Analytic Economics.                

     9602   Aliprantis, Charalambos D.  Separable utility functions.    
            31p.                                                        
     9512   Basu, Kaushik.  Do India's labor laws hurt Indian laborers?:
            a theoretical investigation.  40p.                          
     9503   Basu, Kaushik.  Stackleberg equilibrium in oligopoly: an    
            explanation based on managerial incentives.  9p.            
     9517   Bencivenga, Valerie R. & Smith, Bruce R.  Unemployment,     
            migration, and growth.  56p.                                
     9519   Bhattacharya, Joydeep.  Credit market imperfections, income 
            distribution and growth.  39p.                              
     9513   Bhattacharya, Joydeep, Guzman, Mark G. & Shell, Karl.  Price
            level volatility: a simple model of money taxes and         
            sunspots.  26p.                                             
     9504   Bhattacharya, Joydeep, Guzman, Mark G. & Smith, Bruce D.    
            Some even more unpleasant monetarist arithmetic.  31p.      
     9516   Choi, Sangmok, Smith, Bruce D. & Boyd, John H.  Inflation,  
            financial markets, and capital formation.  70p.             
     9420   Easley, David, et al.  Liquidity, information, and          
            infrequently traded stocks.  49p.                           
     9515   Franses, Philip Hans & Vogelsang, Timothy J.  Testing for   
            seasonal unit roots in the presence of changing seasonal    
            means.  47p.                                                
     9509   Goenka, Aditya & Shell, Karl.  On the robustness of sunspot 
            equilibria.  33p.                                           
     9510   Goenka, Aditya & Shell, Karl.  When sunspots don't matter.  
            20p.                                                        
     9422   Hong, Yongmiao.  Consistent testing for serial correlation  
            of unknown form.  48p.                                      
     9432   Hong, Yongmiao.  A goodness of fit test for composite       
            spectral hypotheses.  18p.                                  
     9431   Hong, Yongmiao.  Nonparametric coherency-based testing for  
            independence between two stationary time series.  38p.      
     9601   Hong, Yongmiao & Shehadeh, Ramsey D.  A new test for ARCH   
            effects and its finite sample performance.  37p.            
     9427r  Huybens, Elisabeth & Smith, Bruce D.  Financial market      
            frictions, monetary policy and capital accumulation in a    
            small open economy.  45p.                                   
     9428   Jiang, Guorong.  On the nature of fixed exchange rates.     
            42p.                                                        
     9425   Majumdar, Mukul & Peleg, Bezalel.  An axiomatization of the 
            Walras correspondence in infinite dimensional spaces.  17p. 
     9511   Mitra, Tapan.  On the relationship between discounting and  
            complicated behavior in dynamic optimization models.  43p.  
     9507   Mitra, Tapan & Ok, Efe A.  The measurement of income        
            mobility: a partial ordering approach.  29p.                



                                                           PAGE  24

     9429   Mitra, Tapan & Ok, Efe A.  Personal income taxation and the 
            principle of equal sacrifice revisited.  28p.               
     9508   Ok, Efe A.  The comparison of income distributions when     
            needs differ.  18p.                                         
     9506   Ok, Efe A. & Kranich, Laurence.  The measurement of         
            opportunity inequality: a cardinality-based approach.  24p. 
     9426   Peleg, Bezalel.  A continuous double implementation of the  
            constrained Walras equilibrium.  15p.                       
     9505   Peleg, Bezalel.  Double implementation of the Lindahl       
            equilibrium by a continuous mechanism.  22p.                
     9514   Peleg, Bezalel.  The nonexistence of a planned course of    
            interaction between a group of rational decision-makers.    
            13p.                                                        
     9419   Pestieau, Pierre, Possen, uri M. & Slutsky, Steven M.  The  
            value of explicit randomness in the tax code.  25p.         
     9518   Puhakka, Mikko & Wissink, Jennifer P.  Strategic            
            complementarity, multiple equilbria and externalities in    
            Cournot competition.  17p.                                  
     9421   Schreft, Stacey L. & Smith, Bruce D.  The effects of open   
            market operations in a model of intermediation and growth.  
            58p.                                                        
     9502   Van Long, Ngo, Mitra, Tapan & Sorger, Gerhard.  Equilibrium 
            growth and sustained consumption with exhaustible resources.
             18p.                                                       
     9430   Vogelsang, Timothy J.  On testing for a unit root in the    
            presence of additive outliers.  19p.                        
     9424   Vogelsang, Timothy J.  Testing for a shift in mean without  
            having to estimate serial correlation parameters.  49p.     
     9501   Wan, Henry & Jiang, Guorong.  Five policy-oriented exercises
            in a monetary economy.  20p.                                
     9423   Yang, Xuelin.  A model of non-convergent volatility of      
            equilibrium asset prices.  26p.                             

     CORNELL UNIVERSITY.  Department of Economics.                      

     438    Easley, David, Kiefer, Nicholas M. & O'Hara, Maureen.       
            Cream-skimming or profit-sharing?: the curious role of      
            purchased order flow.  37p.                                 
     441    Jeong, Kap-Young & Masson, Robert T.  Visible and invisible 
            hands: Korean industrial policy, market structure dynamics, 
            and domestic competition.  33p.                             
     440    Paternostro, Stefano.  The poverty trap: the dual           
            externality model and its policy implications.  27p.        
     444    Basu, Kaushik & Van, Pham Hoang.  The economics of child    
            labor.  46p.                                                
     437    Conlin, Mike.  Reputation in bargaining: National Football  
            League contract negotiations.  44p.                         
     439    Conlin, Mike.  Signalling in National Football League       
            contract negotiations.  44p.                                
     443    Mitchell, Janet.  The problem of bad debts: cleaning banks' 
            balance sheets in economies in transition.  39p.            
     442    Mitchell, Janet.  Strategic creditor passivity in economies 
            in transition.  36p.                                        

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1111r  Andrews, Donald W.K.  A conditional Kolmogorov test.  36p.  

                                                           PAGE  25

     1109   Brown, Donald J. & Matzkin, Rosa L.  Testable restrictions  
            on the equilibrium manifold.  23p.                          
     1108   Buchinsky, Moshe & Yosha, Oved.  Evaluating the probability 
            of failure of a banking firm.  52p.                         
     1110   Shiller, Robert J. & Schneider, Ryan.  Labor income indices 
            designed for use in contracts promoting income risk         
            management.  38p.                                           
     1115   Shiller, Robert J.  Why do people dislike inflation?.  65p. 
     1126   Aliprantis, C.D., Brown, D.J. & Werner, J.  Hedging with    
            derivatives in incomplete markets.  17p.                    
     1120   Andrews, Donald W.K.  A stopping rule for the computation of
            generalized method of moments estimators.  27p.             
     1119   Andrews, Donald W.K. & Schafgans, Marcia M.A.               
            Semiparametric estimation of a sample selection model.  34p.
     1124   Andrews, Donald W.K., Liu, Xuemei & Ploberger, Werner.      
            Tests of seasonal and non-seasonal serial correlation.  33p.
     1127   Barany, Imre & Scarf, Herbert E.  Matrices with identical   
            sets of neighbors.  16p.                                    
     1122   Bergemann, Dirk & Valimaki, Juuso.  Market experimentation  
            and pricing.  39p.                                          
     1125   Campbell, John Y. & Shiller, Robert J.  A scorecard for     
            indexed government debt.  63p.                              
     1121   Fair, Ray C.  Testing the standard view of the long-run     
            unemployment-inflation relationship.  32p.                  
     1123   Geanakoplos, John.  Two brief periods of Arrow's            
            impossibility theorem.  6p.                                 
     1118   Linton, Oliver.  An asymptotic expansion in the GARCH (1,1) 
            model.  29p.                                                
     1113   Bergemann, Dirk & Valimaki, Juuso.  Learning and stragegic  
            pricing.  33p.                                              
     1116   Fair, Ray C. & Macunovich, Diane J.  Explaining the labor   
            force participation of women 20-24.  22p.                   
     1114   Grant, Simon, Kajii, Atsushi & Polak, Ben.  Preference for  
            information.  43p.                                          
     1117   Nordhaus, William D. & Popp, David.  What is the value of   
            scientific knowledge?: an application to global warming     
            using the PRICE model.  49p.                                
     1112   Shubik, Martin.  Time and money.  23p.                      
     1129   Fair, Ray C.  Estimated inflation costs had European        
            unemployment been reduced in the 1980s by macro policies.   
            16p.                                                        
     1128   Geanakoplos, John.  The hangman's paradox and Newcomb's     
            paradox as psychological games.  19p.                       
     1131   Geanakoplos, John.  Nash and Walras equilibrium via Brouwer.
             18p.                                                       
     1123r  Geanakoplos, John.  Three brief proofs of Arrow's           
            impossibility theorem.  6p.                                 
     1130   Whang, Yoon-Jae & Linton, Oliver.  The limiting behavior of 
            kernel estimates of the Lyapunov exponent for stochastic    
            time series.  26p.                                          
     1132   Bak, P., Paczuski, M. & Shubik, Martin.  Price variations in
            a stock market with many agents.  46p.                      
     1133   Ghosal, S. & Polemarchakis, H.M.  Exchange and optimality.  
            17p.                                                        




                                                           PAGE  26

     1134   Phillips, Peter C.B. & Lee, Chin Chin.  Efficiency gains    
            from quasi-differencing under nonstationarity.  25p.        
     1135   Phillips, Peter C. B.  Spurious regression unmasked.  36p.  

     (ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.                     

     1308   Baldwin, Richard E., Forslid, Rikard & Haaland, Jan.        
            Investment creation and investment diversion: simulation    
            analysis of the single market programme.  36p.              
     1294   Bayoumi, Tamim & Eichengreen, Barry.  Is regionalism simply 
            a diversion?: evidence from the evolution of the EC and     
            EFTA.  40p.                                                 
     1303   Beetsma, Roel M.W.J & Bovenberg, A. Lans.  Designing fiscal 
            and monetary institutions for a European monetary union.    
            23p.                                                        
     1250   Berglof, Erik & Roland, Gerard.  Bank restructuring and soft
            budget constraints in financial transition.  28p.           
     1270   Berliant, Marcus & Zenou, Yves.  Labour specialization and  
            city formation.  27p.                                       
     1266   Blomstrom, Magnus & Kokko, Ari.  Foreign direct investment  
            and politics: the Swedish model.  30p.                      
     1302   Boeri, Tito & Burda, Michael C.  Active labour market       
            policies, job matching and the Czech miracle.  13p.         
     1265   Canova, Fabio & Marcet, Albert.  The poor stay poor:        
            non-convergence across countries and regions.  44p.         
     1260   Corado, Cristina, Benacek, Vladimir & Caban, Wieslaw.       
            Adjustment and performance of the textile and clothing      
            industry in the Czech Republic, Poland and Portugal.  41p.  
     1274   de la Fuente, Angel.  Catch-up, growth and convergence in   
            the OECD.  44p.                                             
     1275   de la Fuente, Angel.  The empirics of growth and            
            convergence: a selective review.  57p.                      
     1276   de la Fuente, Angel & Marin, Jose Maria.  Innovation, `bank'
            monitoring and endogenous financial development.  40p.      
     1301   Djankov, Simeon & Hoekman, Bernard.  Trade liberalization   
            and enterprise restructuring in Bulgaria, 1992-94.  23p.    
     1261   Dow, James & Gorton, Gary.  Stock market efficiency and     
            economic efficiency: is there a connection?.  37p.          
     1280   Elliott, Graham & Fatas, Antonio.  International business   
            cycles and the dynamics of the current account.  28p.       
     1264   Gerlach, Stefan.  The information content of the term       
            structure: evidence for Germany.  20p.                      
     1284   Giavazzi, Francesco & Pagano, Marco.  Non-Keynesian effects 
            of fiscal policy changes: international evidence and the    
            Swedish experience.  48p.                                   
     1272   Haaland, Jan I. & Wooton, Ian.  Reciprocal anti-dumping and 
            the location of firms.  20p.                                
     1263   Hardouvelis, Gikas A. & Kim, Dongcheol.  Price volatility   
            and futures margins.  35p.                                  
     1262   Hardouvelis, Gikas A., Kim, Dongcheol & Wizman, Thierry A.  
            Asset pricing models with and without consumption: an       
            empirical evaluation.  40p.                                 
     1269   Helpman, Elhanan.  Politics and trade policy.  34p.         
     1293   Kuhn, Kai-Uwe & Vives, Xavier.  Excess entry, vertical      
            integration and welfare.  36p.                              



                                                           PAGE  27

     1304   Lockwood, Ben.  Commodity tax harmonization with public     
            goods: an alternative perspective.  31p.                    
     1292   Martin, Philippe & Ottaviano, Gianmarco I.P.  The geography 
            of multi-speed Europe.  27p.                                
     1281   Martin, Philippe & Rogers, Carol A.  Long-term growth and   
            short-term economic instability.  26p.                      
     1306   Navon, Ami, Shy, Oz & Thisse, Jacques-Francois.  Product    
            differentiation in the presence of positive and negative    
            network effects.  24p.                                      
     1309   Puga, Diego & Venables, Anthony J.  Preferential trading    
            arrangements and industrial location.  33p.                 
     1268   Schulz, Norbert.  Are markets more competitive if           
            commodities are closer substitutes?.  25p.                  
     1277   Schulz, Norbert & Stahl, Konrad.  Do consumers search for   
            the highest price?: equilibrium & monopolistic optimum in   
            differentiated product markets.  35p.                       
     1279   Shadman-Mehta, Fatemeh & Sneesens, Henri.  Skill demand and 
            factor substitution.  32p.                                  
     1278   Sinn, Hans-Werner.  A theory of the welfare state.  35p.    
     1297   von Hagen, Jurgen.  Reciprocity and inflation in federal    
            monetary unions.  24p.                                      
     1267   Walz, Uwe.  Transport costs, intermediate goods and         
            localized growth.  28p.                                     
     1289   Bayoumi, Tamim.  Explaining consumption: a simple test of   
            alternative hypotheses.  30p.                               
     1299   Beetsma, Roel M.W.J & Bovenberg, A. Lans.  Does monetary    
            unification lead to excessive debt accumulation?.  25p.     
     1317   Bond, Eric W., Syropoulos, Constantinos & Winters, L. Alan. 
            Deepening of regional integration and multilateral trade    
            agreements.  43p.                                           
     1320   Casella, Alessandra.  Large countries, small countries and  
            the enlargement of trade blocs.  37p.                       
     1307   Darvas, Zsolt.  Exchange rate premia and the credibility of 
            the crawling target zone in Hungary.  28p.                  
     1283   Dow, William H., et al.  Death, tetanus and aerobics: the   
            evaluation of disease-specific health interventions.  37p.  
     1310   Evans, George W., Honkapohja, Seppo & Marimon, Ramon.       
            Convergence in monetary inflation models with heterogeneous 
            learning rules.  32p.                                       
     1285   Forni, Mario & Reichlin, Lucrezia.  Dynamic common factors  
            in large cross-sections.  17p.                              
     1318   Haisken-De New, John P & Zimmermann, Klaus F.  Wage and     
            mobility effects of trade and migration.  23p.              
     1300   Hoekman, Bernard & Djankov, Simeon.  Catching up with       
            Eastern Europe?: the European Union's Mediterranean free    
            trade initiative.  35p.                                     
     1291   Karp, Larry & Tahvonen, Olli.  International trade in       
            exhaustible resources: a cartel-competitive fringe model.   
            36p.                                                        
     1315   Obstfeld, Maurice.  Models of currency crises with          
            self-fulfilling features.  19p.                             
     1319   O'Rourke, Kevin H.  Trade, migration and convergence: an    
            historical perspective.  46p.                               
     1314   Orszag, J. Michael & Zoega, Gylfi.  Hiring risk and labour  
            market equilibrium.  18p.                                   



                                                           PAGE  28

     1295   Padilla, A. Jorge & Pagano, Marco.  Endogenous communication
            among lenders and entrepreneurial incentives.  35p.         
     1273   Pinto, Brian & van Wijnbergen, Sweder.  Ownership and       
            corporate control in Poland: why state firms defied the     
            odds.  39p.                                                 
     1286   Quah, Danny T.  Regional convergence clusters across Europe.
             16p.                                                       
     1305   Rodrik, Dani.  Trade strategy, investment and exports:      
            another look at East Asia.  40p.                            
     1321   Rosenkranz, Stephanie.  Simultaneous choice of process and  
            product innovation.  28p.                                   
     1298   Saint-Paul, Gilles.  Labour market institutions and the     
            cohesion of the middle class.  12p.                         
     1290   Sapir, Andre & Sekkat, Khalid.  Optimum electoral areas.    
            31p.                                                        
     1313   Soderlind, Paul.  Forward interest rates as indicators of   
            inflation expectations.  27p.                               
     1296   von Hagen, Jurgen.  East Germany: the economics of kinship. 
            39p.                                                        
     1322   von Weizsacker, Robert K.  Does an aging population increase
            inequality?.  24p.                                          
     1288   Widgren, Mika.  A voting power analysis of supranational and
            national influence in the EU.  15p.                         
     1316   Winters, L. Alan.  Regionalism and the rest of the world:   
            the irrelevance of the Kemp-Wan theorem.  12p.              
     1345   Acemoglu, Daron.  Matching, heterogeneity and the evolution 
            of income distribution.  41p.                               
     1328   Anderson, Simon P. & de Palma, Andre.  From local to global 
            competition.  49p.                                          
     1331   Baldwin, Richard E. & Seghezza, Elena.  Testing for         
            trade-induced investment-led growth.  30p.                  
     1335   Ben-David, Dan & Loewy, Michael B.  Knowledge dissemination,
            capital accumulation, trade, and endogenous growth.  21p.   
     1336   Ben-David, Dan, Lumsdaine, Robin L. & Papell, David H.  The 
            unit root hypothesis in long term output: evidence from two 
            structural breaks in 16 countries.  18p.                    
     1256   Boltho, Andrea, Carlin, Wendy & Scaramozzino, Pasquale.     
            Will East Germany become a new Mezzogiorno?.  33p.          
     1326   Cabrales, Antonio & Motta, Massimo.  Country asymmetries,   
            endogenous product choice and the speed of trade            
            liberalization.  47p.                                       
     1287   Correia, Isabel & Teles, Pedro.  Is the Friedman rule       
            optimal when money is an intermediate good?.  21p.          
     1333   Crafts, Nicholas F.R.  Endogenous growth: lessons for and   
            from economic history.  89p.                                
     1353   Danthine, Jean-Pierre & Donaldson, John B.  Labour          
            contracts, operating leverage and asset pricing.  41p.      
     1334   Dolado, Juan J. & Lopez-Salido, J. David.  Hysteresis and   
            economic fluctuations (Spain, 1970-94).  34p.               
     1329   Elston, Julie Ann.  Investment, liquidity constraints and   
            bank relationships: evidence from German manufacturing      
            firms.  22p.                                                
     1340   Fatas, Antonio.  Endogenous growth and stochastic trends.   
            21p.                                                        




                                                           PAGE  29

     1325   Fauli-Oller, Ramon & Motta, Massimo.  Managerial incentives 
            for mergers.  21p.                                          
     1330   Favero, Carlo A., Giavazzi, Francesco & Spaventa, Luigi.    
            High yields: the spread on German interest rates.  47p.     
     1349   Frankel, Jeffrey A. & Rose, Andrew K.  Currency crashes in  
            emerging markets: empirical indicators.  29p.               
     1344   Fujita, Masahisa & Thisse, Jacques-Francois.  Economics of  
            agglomeration.  53p.                                        
     1350   Galor, Oded.  Convergence? Inference from theoretical       
            models.  20p.                                               
     1352   Giovannetti, Giorgia & Samiel, Hossein.  Hysteresis in      
            exports.  17p.                                              
     1311   Harhoff, Dietmar & Kane, Thomas J.  Is the German           
            apprenticeship system a panacea for the U.S. labour market?.
             33p.                                                       
     1356   Haskel, Jonathan.  The decline in unskilled employment in   
            U.K. manufacturing.  37p.                                   
     1351   Hughes-Hallett, Andrew & McAdam, Peter.  Fiscal deficit     
            reductions in line with the Maastricht criteria for monetary
            union: an empirical analysis.  56p.                         
     1312   Konrad, Kai A. & Lommerud, Kjell E.  The bargaining family  
            revisited.  23p.                                            
     1323   Lindbeck, Assar & Snower, Dennis J.  Restructuring          
            production and work.  42p.                                  
     1341   Markusen, James R. & Venables, Anthony J.  The theory of    
            endowment, intra-industry and multinational trade.  40p.    
     1282   Musu, Ignazio.  Transitional dynamics to optimal sustainable
            growth.  15p.                                               
     1271   Myers, Gordon M. & Papageorgiou, Yorgos Y.  International   
            migration controls.  35p.                                   
     1343   O'Rourke, Kevin H. & Williamson, Jeffrey G.  Around the     
            European periphery 1870-1913: globalization, schooling, and 
            growth.  64p.                                               
     1327   Ottaviano, Gianmarco I.P.  Monopolistic competition, trade, 
            and endogenous spatial fluctuations.  29p.                  
     1332   Pagano, Marco, Panetta, Fabio & Zingales, Luigi.  Why do    
            companies go public?: an empirical analysis.  55p.          
     1354   Puga, Diego & Venables, Anthony J.  The spread of industry: 
            spatial agglomeration in economic development.  35p.        
     1355   Quah, Danny T.  Twin peaks: growth and convergence in models
            of distribution dynamics.  16p.                             
     1342   Razin, Assaf & Yuen, Chi-Wa.  Labour mobility and fiscal    
            coordination: setting growth agenda for an economic union.  
            30p.                                                        
     1357   Ritschl, Albrecht.  Sustainability of high public debt: what
            the historical record shows.  22p.                          
     1338   Saint-Paul, Gilles.  Employment protection, international   
            specialization, and innovation.  22p.                       
     1337   Sutherland, Alan.  Exchange rate dynamics and financial     
            market integration.  28p.                                   
     1324   Walz, Uwe & Wellisch, Dietmar.  Strategic public provision  
            of local inputs for oligopolistic firms in the presence of  
            endogenous location choice.  25p.                           
     1346   Zweimuller, Josef & Winter-Ebmer, Rudolf.  Immigration,     
            trade, and Austrian unemployment.  26p.                     



                                                           PAGE  30

     1359   Ben-David, Dan & Rahman, A.K.M. Atiqur.  Technological      
            convergence and international trade.  22p.                  
     1347   Booth, Alison L. & McCulloch, Andrew.  Firing costs, unions 
            and employment.  33p.                                       
     1360   Booth, Alison L. & Zoega, Gylfi.  Quitting externalities    
            with uncertainty about future productivity.  22p.           
     1364   Burda, Michael C. & Profit, Stefan.  Matching across space: 
            evidence on mobility in the Czech Republic.  29p.           
     1362   Burgess, Simon & Propper, Carol.  Poverty dynamics among    
            young Americans.  42p.                                      
     1339   Coricelli, Fabrizio.  Fiscal constraints, reform strategies,
            and the speed of transition: the case of Central-Eastern    
            Europe.  47p.                                               
     1366   Halpern, Laszlo.  Real exchange rates and exchange rate     
            policy in Hungary.  36p.                                    
     1348   Lockwood, Ben.  State-contingent inflation contracts and    
            output persistence.  7p.                                    
     1368   Masson, Paul R., Bayoumi, Tamim & Samiei, Hossein.          
            International evidence on the determinants of private       
            saving.  40p.                                               
     1358   Mulligan, Casey B. & Sala-i-Martin, Xavier.  Adoption of    
            financial technologies: implications for money demand and   
            monetary policy.  50p.                                      
     1363   Roland, Gerard & Sekkat, Khalid.  Managerial career         
            concerns, privatization and restructuring in transition     
            economies.  27p.                                            
     1387   al-Nowaihi, Ali & Levine, Paul.  Independent but accountable
            Walsh contracts and the credibility problem.  38p.          
     1390   Bayoumi, Tamim & Bordo, Michael D.  Getting pegged:         
            comparing the 1879 and 1925 gold resumptions.  46p.         
     1370   Bennett, John & Dixon, Huw David.  A macro-theoretic model  
            of the Chinese economy.  27p.                               
     1365   Blomstrom, Magnus & Kokko, Ari.  Multinational corporations 
            and spillovers.  49p.                                       
     1372   Castanheira, Micael & Roland, Gerard.  Restructuring and    
            capital accumulation in transition economies: a general     
            equilibrium perspective.  19p.                              
     1361   Coles, Melvyn G. & Hildreth, Andrew K.G.  Wage bargaining,  
            inventories, and union legislation.  44p.                   
     1392   Cornelli, Francesca, Portes, Richard & Schaffer, Mark E.    
            The capital structure of firms in Central and Eastern       
            Europe.  35p.                                               
     1391   Dixon, Huw David & Santoni, Michele.  International fiscal  
            policy coordination with demand spillovers and labour       
            unions.  32p.                                               
     1369   Dumas, Bernard, Fleming, Jeff & Whaley, Robert E.  Implied  
            volatility functions: empirical tests.  34p.                
     1376   Dustmann, Christian.  Temporary migration, human capital,   
            and language fluency of migrants.  27p.                     
     1373   Francois, Joseph F. & Nordstrom, Hakan.  A green light for  
            environment, or a green light for protection?: the EU-US    
            dispute over U.S. corporate average fuel.  32p.             
     1396   Grossman, Gene M. & Helpman, Elhanan.  Intergenerational    
            redistribution with short-lived governments.  45p.          




                                                           PAGE  31

     1371   Hamermesh, Daniel S. & Pfann, Gerard A.  Adjustment costs in
            factor demand.  55p.                                        
     1386   Herrendorf, Berthold & Lockwood, Ben.  Rogoff's             
            `conservative' central banker restored.  22p.               
     1377   Hoekman, Bernard & Djankov, Simeon.  Intra-industry trade,  
            foreign direct investment and the reorientation of East     
            European exports.  29p.                                     
     1383   Leung, Charles & Quah, Danny T.  Convergence, endogenous    
            growth, and productivity disturbances.  17p.                
     1375   Lindbeck, Assar & Snower, Dennis J.  Reorganization of firms
            and labour market inequality.  11p.                         
     1374   Melitz, Jacques & Weber, Axel A.  The costs/benefits of a   
            common monetary policy in France and Germany and possible   
            lessons for monetary union.  40p.                           
     1378   Mendoza, Enrique G., Milesi-Ferretti, Gian Maria & Asea,    
            Patrick.  On the ineffectiveness of tax policy in altering  
            long-run growth: Harberger's superneutrality conjecture.    
            43p.                                                        
     1367   Orszag, J. Michael & Snower, Dennis J.  A macro theory of   
            employment vouchers.  30p.                                  
     1380   Persson, Torsten & Tabellini, Guido.  Monetary cohabitation 
            in Europe.  35p.                                            
     1381   Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa.  A pecking order
            theory of capital inflows and international tax principles. 
            38p.                                                        
     1382   Schmidt, Klaus M.  Managerial incentives and product market 
            competition.  34p.                                          
     1379   Spaventa, Luigi.  Out in the cold?: outsiders and insiders  
            in 1999: feasible and unfeasible options.  24p.             
     1398   Antolin, Pablo.  Gross worker flows: how does the Spanish   
            evidence fit the stylized facts?.  40p.                     
     1393   Baldwin, Richard E. & Seghezza, Elena.  Growth and European 
            integration: towards an empirical assessment.  27p.         
     1397   Baldwin, Richard E. & Forslid, Rikard.  Trade liberalization
            and endogenous growth: a q-theory approach.  27p.           
     1403   Benhabib, Jess & Farmer, Roger E.A.  Indeterminacy and      
            sector-specific externalities.  32p.                        
     1404   Benhabib, Jess & Farmer, Roger E.A.  The monetary           
            transmission mechanism.  28p.                               
     1395   De Grauwe, Paul.  Forward interest rates as predictors of   
            EMU.  19p.                                                  
     1405   Gatsios, Konstantine, Kollintzas, Tryphon & Lagopoulos,     
            Costas.  Time-consistent solutions to the stochastic dynamic
            strategic export subsidy problem.  52p.                     
     1406   Hardouvelis, Gikas A. & Tsiritakis, Emmanuel D.  Greek      
            closed-end fund premia: differences and similarities with   
            U.S. premia and their implications.  28p.                   
     1401   Harhoff, Dietmar, Stahl, Konrad & Woywode, Michael.  Legal  
            form, growth and exit of West German firms: empirical       
            results from manufacturing, construction, trade & servi.    
            37p.                                                        
     1407   Katsoulacos, Yannis & Ulph, David.  Endogenous innovation   
            spillovers and technology policy.  29p.                     
     1399   Kuhn, Kai-Uwe & Padilla, A. Jorge.  A theory of union power 
            and labour turnover.  43p.                                  



                                                           PAGE  32

     1402   Laruelle, Annick & Widgren, Mika.  Is the allocation of     
            voting power among the EU states fair?.  23p.               
     1385   Lutz, Stefan.  Does mutual recognition of national minimum  
            quality standards support regional convergence?.  24p.      
     1384   Lutz, Stefan.  Trade effects of minimum quality standards   
            with and without deterred entry.  31p.                      
     1400   Manzocchi, Stefano & Martin, Philippe.  Are capital flows   
            consistent with the neoclassical growth model?: evidence    
            from a cross-section of developing count.  23p.             
     1388   Rodrik, Dani.  Why do more open economies have bigger       
            governments?.  38p.                                         
     1394   Schulze, Gunther G.  Capital export, unemployment, and      
            illegal immigration.  25p.                                  
     1389   Scott, Andrew.  Consumption, `credit crunches', and         
            financial deregulation.  36p.                               
     1421   Acemoglu, Daron & Zilibotti, Fabrizio.  Agency costs in the 
            process of development.  37p.                               
     1426   Acemoglu, Daron & Zilibotti, Fabrizio.  Was Prometheus      
            unbound by chance?: risk, diversification, and growth.  41p.
     1422   Bacchetta, Philippe & Caminal, Ramon.  Do capital market    
            imperfections exacerbate output fluctuations?.  31p.        
     1420   Baldwin, Richard E. & Seghezza, Elena.  Trade-induced       
            investment-led growth.  24p.                                
     1419   Benabou, Roland.  Unequal societies.  34p.                  
     1418   Canzoneri, Matthew B., Nolan, Charles & Yates, Anthony.     
            Mechanisms for achieving monetary stability: inflation      
            targeting versus the ERM.  21p.                             
     1417   Canzoneri, Matthew B., Diba, Behzad & Eudey, Gwen.  Trends  
            in European productivity and real exchange rates:           
            implications for Maastrict convergence...  42p.             
     1429   Casella, Alessandra.  The role of market size in the        
            formation of jurisdictions.  44p.                           
     1414   De Cecco, Marcello & Giavazzi, Francesco.  The use of       
            special drawing rights in the financing of official         
            safety-net mechanisms.  22p.                                
     1412   Francois, Joseph F., Nelson, Douglas & Palmeter, N. David.  
            Public procurement: a post-Uruguay Round perspective.  36p. 
     1411   Francois, Joseph F., McDonald, Bradley & Nordstrom, Hakan.  
            Trade liberalization and investment in a multilateral       
            framework.  23p.                                            
     1410   Francois, Joseph F., McDonald, Bradley & Nordstrom, Hakan.  
            A user's guide to Uruguay Round assessments.  28p.          
     1413   Galor, Oded & Tsiddon, Daniel.  Technological progress,     
            mobility, and economic growth.  36p.                        
     1423   Guiso, Luigi & Jappelli, Tullio.  Background uncertainty and
            the demand for insurance against insurable risks.  24p.     
     1415   Hoekman, Bernard & Djankov, Simeon.  Effective protection   
            and investment incentives in Egypt and Jordan during the    
            transition to free trade with Europe.  28p.                 
     1409   Holland, Allison & Scott, Andrew.  The determinants of UK   
            business cycles.  29p.                                      
     1416   Neven, Damien & von Ungern-Sternberg, Thomas.  Competition  
            policy in Switzerland.  49p.                                
     1428   Saint-Paul, Gilles.  Voting for jobs: policy persistence and
            unemployment.  28p.                                         



                                                           PAGE  33

     1440   Anderson, Kym.  Social policy dimensions of economic        
            integration: environmental and labour standards.  37p.      
     1441   Barros, Pedro P. & Mata, Jose.  Competition policy in       
            Portugal.  42p.                                             
     1450   Benabou, Roland.  Inequality and growth.  54p.              
     1437   Bordignon, Massimo, Manasse, Paolo & Tabellini, Guido.      
            Optimal regional redistribution under asymmetric            
            information.  40p.                                          
     1435   Brulhart, Marius & Torstensson, Johan.  Regional            
            integration, scale economies and industry location in the   
            European Union.  29p.                                       
     1439   Cabral, Luis M.B.  R & D alliances as non-cooperative       
            supergames.  23p.                                           
     1408   Dex, Shirley, et al.  Women's employment transitions around 
            childbearing.  48p.                                         
     1430   Diaz, M. Pilar & Snower, Dennis J.  Employment,             
            macroeconomic fluctuations and job security.  29p.          
     1436   Dixit, Avinash, Grossman, Gene M. & Helpman, Elhanan.       
            Common agency and coordination: general theory and          
            application to tax policy.  33p.                            
     1424   Djankov, Simeon & Hoekman, Bernard.  Fuzzy transition and   
            firm efficiency: evidence from Bulgaria, 1991-4.  26p.      
     1452   Francois, Joseph F., Nordstrom, Hakan & Shiells, Clinton R. 
            Transition dynamics and trade policy reform in developing   
            countries.  33p.                                            
     1431   Geroski, Paul A., Machin, J. & Walters, Chris F.  Corporate 
            growth and profitability.  26p.                             
     1433   Geroski, Paul A., Van Reenen, John & Walters, Chris F.  How 
            persistently do firms innovate?.  30p.                      
     1432   Geroski, Paul A., Van Reenen, John & Walters, Chris F.      
            Innovations, patents and cash flow.  35p.                   
     1449   Lane, Philip R. & Perotti, Roberto.  Profitability, fiscal  
            policy, and exchange rate regimes.  35p.                    
     1443   Lutz, Stefan.  Vertical product differentiation, quality    
            standards, and international trade policy.  32p.            
     1434   Machin, Stephen, Ryan, Annette & Van Reenen, John.          
            Technology and changes in skill structure: evidence from an 
            international panel of industries.  4