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
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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
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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:
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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.
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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.
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1435 Brulhart, Marius & Torstensson, Johan. Regional
integration, scale economies and industry location in the
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1439 Cabral, Luis M.B. R & D alliances as non-cooperative
supergames. 23p.
1408 Dex, Shirley, et al. Women's employment transitions around
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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
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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
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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
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1443 Lutz, Stefan. Vertical product differentiation, quality
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1434 Machin, Stephen, Ryan, Annette & Van Reenen, John.
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