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. 42p.
1427 Marimon, Ramon & Zilibotti, Fabrizio. `Actual' versus
`virtual' employment in Europe: is Spain different?. 41p.
1425 Shioji, Etsuro. Regional growth in Japan. 47p.
1442 Castanheira, Micael & Roland, Gerard. The optimal speed of
transition: a general equilibrium analysis. 22p.
1454 Dow, James. Arbitrage, hedging and financial innovation.
32p.
1461 Gang, Ira N. & Zimmermann, Klaus F. Is child like parent?:
educational attainment and ethnic origin. 24p.
1455 Lutz, Stefan. Vertical product differentiation and entry
deterrence. 18p.
1451 Neven, Damien & Wyplosz, Charles. Relative prices, trade
and restructuring in European industry. 31p.
1462 O Grada, Cormac & O'Rourke, Kevin H. Migration as disaster
relief: lessons from the Great Irish Famine. 36p.
1459 Acemoglu, Daron. Changes in umemployment and wage
inequality: an alternative theory and some evidence. 47p.
PAGE 34
1460 Acemoglu, Daron & Pischke, Jorn-Steffen. Why do firms
train?: theory and evidence. 49p.
1479 Alogoskoufis, George S. & Kalyvitis, Sarantis C. Public
investment and endogenous growth in a small open economy.
24p.
1474 Anderson, Kym, et al. Asia-Pacific food markets and trade
in 2005: a global, economy-wide perspective. 37p.
1470 Arulampalam, Wiji & Booth, Alison L. Who gets over the
training hurdle?: a study of the training experiences of
young men and women in Britain. 29p.
1491 Barrett, Alan. The effect of immigrant admission criteria
on immmigrant labour market characteristics. 27p.
1467 Bayoumi, Tamim, Coe, David T. & Helpman, Elhanan. R & D
spillovers and global growth. 36p.
1445 Bertocchi, Graziella. Trade, wages and the persistence of
underdevelopment. 20p.
1444 Bertocchi, Graziella & Canova, Fabio. Did colonization
matter for growth?: an empirical exploration into the
historical cause of Africa's underdevelopmen. 32p.
1482 Bourguignon, Francois, Lambert, Sylvie & Suwa-Eisenmann,
Akiko. Distribution of export price risk in a developing
country. 35p.
1466 Buiter, Willem H., Corsetti, Giancarlo & Pesenti, Paolo A.
Interpreting the ERM crisis: country-specific and systemic
issues. 77p.
1448 Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo.
Regional integration and lobbying for tariffs against
non-members. 24p.
1498 Canzoneri, Matthew B., Valles, Javier & Vinals, Jose. Do
exchange rates move to address international macroeconomic
imbalances?. 45p.
1463 Canzoneri, Matthew B. & Diba, Behzad. Fiscal constraints on
central bank independence and price stability. 34p.
1464 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad.
Relative labour productivity and the real exchange rate in
the long run: evidence for a panel of OECD countries. 44p.
1478 Coles, Melvyn G. Decentralized trade, entrepreneurial
investment and the theory of unemployment. 36p.
1457 De Grauwe, Paul. Inflation targeting to achieve inflation
convergence in the transition towards EMU. 28p.
1458 De Grauwe, Paul. The prospects of a mini currency union in
1999. 26p.
1447 de Melo, Jaime, Olarreaga, Marcelo & Takacs, Wendy. Pricing
policy under double market power: Madagascar and the
international vanilla market. 27p.
1481 Demertzis, Maria, Hughes-Hallett, Andrew J. & Rummel, Ole J.
Is a two-speed system in Europe the answer to the conflict
between the German and the Anglo-Saxon models of monetar.
86p.
1476 Dolado, Juan J., Jimeno, Juan F. & Duce, Rosa. The effects
of migration on the relative demand of skilled versus
unskilled labour: evidence from Spain. 22p.
1453 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.
Contagious currency crises. 48p.
PAGE 35
1456 Favero, Carlo A., Iacone, Fabrizio & Pifferi, Marco.
Monetary policy, forward rates and long rates: does Germany
differ from the United States?. 30p.
1473 Frankel, Jeffrey A. & Rose, Andrew K. The endogeneity of
the optimum currency area criteria. 33p.
1493 Gordon, Robert J. Macroeconomic policy in the presence of
structural maladjustment. 57p.
1492 Gordon, Robert J. The time-varying NAIRU and its
implications for economic policy. 52p.
1490 Haskel, Jonathan. Small firms, contracting-out, computers,
and wage inequality: evidence from UK manufacturing. 31p.
1465 Henrekson, Magnus, Torstensson, Johan & Torstensson, Rasha.
Growth effects of European integration. 24p.
1472 Kuhn, Kai-Uwe & Martinez, Catalina B. Market transparency,
competitive pressure, and price volatility. 35p.
1480 Neely, Christopher J., Weller, Paul & Dittmar, Robert. Is
technical analysis in the foreign exchange market
profitable?: a genetic programming approach. 43p.
1471 Orszag, J. Michael & Snower, Dennis J. Incapacity benefits
versus benefit transfers. 19p.
1475 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Separation of powers and accountability: towards a formal
approach to comparative politics. 39p.
1496 Rustichini, Aldo, Ichino, Andrea & Checchi, Daniele. More
equal but less mobile?: education financing and
intergenerational mobility in Italy and the United States.
47p.
1469 Veugelers, Reinhilde & Vandenbussche, Hylke. European
anti-dumping policy and the profitability of national and
international collusion. 34p.
1485 Vinals, Jose & Jimeno, Juan F. Monetary union and European
unemployment. 52p.
1468 Buiter, Willem H., Lago, Ricardo & Stern, Nicholas.
Promoting an effective market economy in a changing world.
55p.
1486 Bulow, Jeremy, Huang, Ming & Klemperer, Paul. Toeholds and
takeovers. 36p.
1483 Dolado, Juan J., Lopez-Salido, J. David & Vega, Juan Luis.
Short- and long-run Phillips trade-offs and the cost of
disinflationary policies. 45p.
1487 Emons, Winand. Expertise, contingent fees, and excessive
litigation. 16p.
1502 Hoekman, Bernard. Multilateral disciplines on government
procurement: what's in it for developing countries?. 39p.
1501 Hoekman, Bernard. Trade and competition policy in the WTO
system. 22p.
1446 Irmen, Andreas & Thisse, Jacques-Francois. Competition in
multi-characteristics spaces: Hotelling was almost right.
36p.
UNIVERSITY OF ESSEX. Department of Economics.
448 Bergstrom, A.R. Gaussian estimation of mixed order
continuous time dynamic models with unobservable stochastic
trends from mixed st. 72p.
PAGE 36
445 Boadway, Robin & Keen, Michael. Efficiency and the optimal
direction of federal-state transfers. 19p.
444 Chambers, Marcus J. The estimation of systems of joint
differential difference equations. 22p.
446 Chambers, Marcus J. Seasonality in continuous time models.
29p.
449 Guariglia, Alessandra & Schiantarelli, Fabio. Production
smoothing, firms' heterogeneity, and financial constraints:
evidence from a panel of U.K. firms. 35p.
443 Shorrocks, Anthony F. Approximating unanimity orderings: an
application to Lorenz dominance. 30p.
442 Shorrocks, Anthony F. Deprivation profiles and deprivation
indices. 19p.
447 Shorrocks, Anthony F. Inequality and welfare evaluation of
heterogeneous income distributions. 30p.
450 Burdett, Kenneth & Coles, Melvyn G. Steady state price
distributions in a noisy search equilibrium. 50p.
453 Coles, Melvyn & Philippopoulos, Apostolis. Are exchange
rate bands better than fixed exchange rates?. 36p.
456 Guariglia, Alessandro. Simulating the inventory behaviour
in a Q-theoretic framework. 44p.
452 Katsimi, Margarita. Elections and the size of the public
sector. 38p.
451 Katsimi, Margarita. Firing costs, job tenure and
employment. 28p.
455 Lockwood, Ben & Phillippoulos, Apostolis. Politics and
fiscal policy: theory and evidence from Greece. 27p.
454 Masters, Adrian. Incentives for investment in human and
physical capital. 35p.
457 Masters, Adrian M. Wage posting in two-sided search and the
minimum wage. 27p.
460 Jafarey, Saqib, Kaskarelis, Vannis & Philippopoulos,
Apostolis. Public debt and private investment with
endogenous government spending. 35p.
461 Katsimi, Margarita. Explaining the size of the public
sector. 23p.
459 Kemp, Gordon C.R. Scale equivalence and the Box-Cox
transformation. 8p.
458 McCrorie, J. Roderick. Interpolating exogenous variables in
open continuous time dynamic models. 35p.
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
9524 Artis, Michael J., Kontolemis, Zenon G. & Osborn, Denise R.
Classical business cycles for G7 and European countries.
39p.
9512 Boeri, Tito. Is job turnover countercyclical?. 32p.
9519 Hopkins, Ed. Learning, matching and aggregation. 41p.
9514 Jimenez, Miguel & Marchetti, Domenico. Thick-market
externalities in U.S. manufacturing: a dynamic study with
panel data. 30p.
9529 Valentinyi, Akos. Rules of thumb and local interaction.
48p.
9534 Artis, M.J. & Zhang, W. International business cycles and
the ERM: is there a European business cycle?. 29p.
PAGE 37
9538 Boeri, Tito. On the job search and unemployment duration.
42p.
9544 Ehrbeck, Tilman & Waldmann, Robert. Is honesty always the
best policy?. 24p.
9536 Guarda, Paolo & Salmon, Mark. On the detection of
nonlinearity in foreign exchange data. 38p.
9541 Nero, Giovanni. Spatial multiproduct duopoly pricing. 27p.
9542 Nero, Giovanni. Spatial multiproduct pricing: empirical
evidence on intra-European duopoly airline markets. 29p.
9535 Phlips, Louis. On the detection of collusion and predation.
26p.
9543 Waldmann, Robert. Rational stubborness?. 14p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9506 Beenstock, Michael & ben Menahem, Yitzhak. The labor market
absorption of CIS immigrants to Israel: 1989-1994. 42p.
9602 Yitzhaki, Shlomo. Do we need a separate poverty
measurement?. 40p.
9601 Gross, Nachum T. Herzl on discrimination in "Der
Judenstaat". 14p.
9604 Amir, Shmuel. Unemployment in Israel 1964-1989: an analysis
based on the Beveridge curve model. 16p.
9606 Lach, Saul & Tsiddon, Daniel. Small price changes and menu
costs. 12p.
9606 Lach, Saul & Tsiddon, Daniel. Staggering and
synchronization in price-setting: evidence from multiproduct
firms. 36p.
9607 Gronau, Reuben. Who needs cabs anyway?: optimum diversity
in the public transport market. 34p.
9608 Gross, Nachum T. Herzl's economic conception. 18p.
9609 Hellerstein, Judith & Neumark, David. Wage and productivity
differences within and between plants: evidence from Israeli
panel data. 32p.
9610 Kandel, Eugene & Zilberfarb, Ben-Zion. Differential
interpretation of information in inflation forecasts. 24p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9516 Amershi, Amin H. & Ramamurtie, B. Sailesh. Rational
expectations equilibrium in an economy with segmented
capital asset markets. 60p.
9515 Andersson, Hans, Ramamurtie, B. Sailesh & Ramaswami, Bharat.
An intertemporal model of consumption and portfolio
allocation. 36p.
9514 Andersson, Hans, Ramamurtie, B. Sailesh & Ramaswami, Bharat.
Off-farm income and risk reduction in agriculture: when
does it matter?. 14p.
9513 Bliss, Robert R. & Ritchken, Peter. Empirical tests of two
state variable Heath-Jarrow-Morton models. 32p.
9512 Bliss, Robert R. & Ronn, Ehud I. The implied volatility of
U.S. interest rates: evidence from callable U.S. Tresuries.
54p.
9510 Espinosa, Marco A. & Yip, Chong K. Fiscal and monetary
policy interactions in an endogenous growth model with
financial intermediaries. 43p.
PAGE 38
9511 Kahn, Charles M. & Roberds, William. On the efficiency of
cash settlement. 17p.
9517 Dwyer, Gerald P, Locke, Peter & Yu, Wei. Index arbitrage
and nonlinear dynamics between the S & P futures and cash.
40p.
9518 Hu, Jie. Financial market breakdown due to strategy
constraints and information assymetry. 36p.
9519 Nandi, Saikat. Asymmetric information about volatility and
option markets. 28p.
96-2 Dothan, Michael, Ramamurtie, Sailesh & Ulman, Scott.
Applying economic restrictions to foreign exchange rate
dynamics: spot rates, futures, and options. 35p.
96-1 Shrikhande, Milind M. Nonadditive habit formation and the
equity premium puzzle. 36p.
96-3 Dwyer, Gerald P. & Hasan, Iftekhar. Suspension of payments,
bank failures, and the nonbank public's losses. 48p.
96-5 Abken, Peter A., Madan, Dilip B. & Ramamurtie, Sailesh.
Estimation of risk-neutral and statistical densities by
hermite polynomial approximation, with an application to Eu.
60p.
96-7 Chahal, Mandeep S., Rebello, Michael J. & Smith, Stephen D.
Emerging debt and equity markets: an exploratory
investigation of integration using daily data. 43p.
96-4 Espinosa, Marco & Yip, Chong K. An endogenous growth model
of money, banking, and financial repression. 31p.
96-6 Wall, Larry D., Tallman, Ellis W. & Abken, Peter A. The
impact of a dealer's failure on OTC derivatives market
liquidity during volatile periods. 33p.
96-9 Nandi, Saikat. Pricing and hedging index options under
stochastic volatility: an empirical examination. 34p.
96-8 Zha, Tao. Identification, vector autoregression, and block
recursion. 32p.
9611 Roberds, William & Whiteman, Charles H. Endogenous term
premia and anomalies in the term structure of interest
rates: explaining the predictability smile. 41p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9517 Ljungqvist, Lars & Sargent, Thomas J. The European
unemployment dilemma. 28p.
9519 Segal, Lewis M. Flexible employment: composition and
trends. 27p.
95-5 Burnside, Craig, Eichenbaum, Martin & Rebelo, Sergio.
Capital utilization and returns to scale. 51p.
96-5 Chari, V.V., Christiano, Lawrence J. & Eichenbaum, Martin.
Expectation traps and discretion. 38p.
9312 Evans, Charles L. & Santos, Fernando. Monetary policy
shocks and productivity measures in the G-7 countries. 58p.
9611 Campbell, Jeffrey R. & Kuttner, Kenneth N. Macroeconomic
effects of employment reallocation. 30p.
96-9 Kouparitsas, Michael A. North-South business cycles. 49p.
9610 Kouparitsas, Michael A. North-South financial integration
and business cycles. 48p.
9619 Aaronson, Daniel. Using sibling data to estimate the impact
of neighborhoods on children's educational outcomes. 46p.
PAGE 39
9617 Campbell, Jeffrey R. & Fisher, Jonas D.M. Aggregate
employment fluctuations with microeconomic asymmetries.
28p.
9616 Christiano, Lawrence J. & Harrison, Sharon G. Chaos,
sunspots, and automatic stabilizers. 64p.
9614 Friedman, Benjamin M. & Kuttner, Kenneth N. A price target
for U.S. monetary policy?: lessons from the experience with
money growth targets. 69p.
9615 Ljungqvist, Lars & Uhlig, Harald. Catching up with the
Keynesians. 22p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9519 Balke, Nathan S. & Chang, Chih-Ping. Credit and economic
activity: shocks or propagation mechanism?. 46p.
9518 Koenig, Evan F. Targeting nominal income: a closer look.
8p.
9517 Zarazaga, Carlos E. Hyperinflations and moral hazard in the
appropriation of seigniorage: an empirical implementation
with a calibratio. 63p.
9601 Haslag, Joseph H. The monetary policy effects on seignorage
revenue in a simple growth model. 35p.
9602 Boisso, Dale, Grosskopf, Shawna & Hayes, Kathy. Regional
productivity and efficiency in the U.S.: effects of business
cycles and public capital. 26p.
9609 Balke, Nathan S. & Wynne, Mark A. An equilibrium analysis
of relative price changes and aggregate inflation. 41p.
9604 Boisso, D., Grosskopf, Shawna & Hayes, Kathy. The response
of local governments to Reagan-Bush fiscal federalism. 20p.
9608 Brown, Stephen P.A. & Huntington, Hillard G. Some
implications of increased cooperation in world oil
conservation. 20p.
9606 Dolmas, Jim & Huffman, Gregory W. An exploration into the
effects of dynamic economic stabilization. 26p.
9603 Duca, John V. Inflation, unemployment, and duration. 6p.
9607 Hayes, Kathy J. & Ross, Leola B. Is airline price
dispersion the result of careful planning or competitive
forces?. 27p.
9605 Huffman, Gregory W. Endogenous tax determination and the
distribution of wealth. 43p.
9610 Duffee, Gregory R. & Prowse, Stephen. What's good for GM..?
Using auto industry stock returns to forecast business
cycles & test the q-theory. 31p.
9613 Brown, Stephen P.A., Oppedahl, David B. & Yucel, Mine K.
Oil prices and aggregate economic activity: a study of eight
OECD countries. 25p.
9612 Taylor, Lori L. & Yucel, Mine K.. The policy sensitivity of
industries and regions. 23p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
1/96 Hooks, Linda M. & Robinson, Kenneth J. Moral hazard and
Texas banking in the 1920s. 35p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9511 Hess, Gregory D. & Shin, Kwanho. Some international
evidence on output-inflation tradeoffs. 31p.
PAGE 40
9512 Heinecke, Ken & Shen, Pu. Bank derivative activity in the
1990s. 22p.
9514 Becketti, Sean, Hakkio, Craig S. & Joines, Douglas H.
Exchange rates in the long run. 40p.
9513 Clark, Todd E. Forecasting an aggregate of cointegrated
disaggregates. 32p.
9515 Filardo, Andrew J. & Gordon, Stephen F. Business cycle
turning points: two empirical business cycle model
approaches. 35p.
9516 Golob, John E. Equities and the economy: another
intertemporal anomaly. 21p.
9601 Kozicki, Sharon. Multivariate detrending under common trend
restrictions: implication for business cycle research. 25p.
9602 Blomberg, S. Brock & Hess, Gregory D. Politics and exchange
rate forecasts. 31p.
9604 Chirinko, Robert S. Finance constraints, liquidity, and
investment spending: theoretical restrictions &
international evidence. 44p.
9603 Clark, Todd E. Finite sample properties of tests for
forecast equivalence. 31p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
201 Atkeson, Andrew & Kehoe, Patrick J. Industry evolution and
transition: measuring investment in organization capital.
51p.
202 Atkeson, Andrew & Kehoe, Patrick J. Social insurance and
transition. 33p.
200 Christiano, Lawrence J. & Fisher, Jonas D.M. Tobin's q and
asset returns: implications for business cycle analysis.
60p.
WP546 Atkeson, Andrew & Kehoe, Patrick J. Optimal social
insurance, incentives, and transition. 14p.
WP560 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Asset pricing lessons for modelling business cycles.
51p.
203 Aiyagari, S. Rao & McGrattan, Ellen R. The optimum quantity
of debt. 27p.
204 Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R. The
poverty of nations: a quantitative exploration. 61p.
205 Holmes, Thomas J. The effects of state policies on the
location of industry: evidence from state borders. 45p.
563 Kehoe, Timothy J. Social accounting matrices and applied
general equilibrium models. 43p.
209 Cole, Harold L. & Kehoe, Patrick J. Reputation spillover
across relationships: reviving reputation models of debt.
23p.
211 Cole, Harold L. & Kehoe, Timothy J. Self-fulfilling debt
crises. 41p.
210 Cole, Harold L. & Kehoe, Timothy J. A self-fulfilling model
of Mexico's 1994-95 debt crisis. 30p.
206 Ferson, Wayne E. & Jagannathan, Ravi. Econometric
evaluation of asset pricing models. 51p.
208 Jagannathan, Ravi & Wang, Zhenyu. The conditional CAPM and
the cross-section of expected returns. 73p.
PAGE 41
207 Mercenier, Jean & Yeldan, Erinc. How prescribed policy can
mislead when data are defective: a follow-up to Srinivasan
(1994) using general equilibri. 22p.
212 Atkeson, Andrew & Rios-Rull, Jose Victor. The balance of
payments and borrowing constraints: an alternative view of
the Mexican crisis. 25p.
213 Cole, Harold L., Mailath, George L. & Postlewaite, Andrew.
Class sytems and the enforcement of social norms. 40p.
214 Christiano, Lawrence J. & Harrison, Sharon G. Chaos,
sunspots, and automatic stabilizers. 66p.
215 Velde, Francois R., Weber, Warren E. & Wright, Randall. A
model of commodity money, with applications to Gresham's Law
and the debasement puzzle. 34p.
216 Imrohoroglu, Ayse, Merlo, Antonio & Rupert, Peter. On the
political economy of income redistribution and crime. 38p.
217 Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R. Sticky
price models of the business cycle: can the contract
multiplier solve the persistence problem?. 31p.
218 Kocherlakota, Narayana R. Money is memory. 37p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
107 Santos, Manual S. & Vigo, Jesus. Accuracy estimates for a
numerical approach to stochastic growth models. 45p.
108 Stokey, Nancy L. NAFTA and Mexican development. 36p.
109 Stokey, Nancy L. A note on dynamic programing with
homogeneous functions. 17p.
110 Ortigueira, Salvador & Santos, Manuel. On convergence in
endogenous growth models. 37p.
111 Pesaran, M. Hashem & Ruge-Murcia, Francisco J.
Limited-dependent rational expectations models with jumps.
51p.
112 Campbell, Jeffrey R. & Fisher, Jonas D.M. Aggregate
employment fluctuations with microeconomic asymmetries.
28p.
113 Hassler, John. Fluctuating risk in an aggregated Ss-model.
26p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
8 Fleming, Michael J. & Moon, John J. Preserving firm value
through exit: the case of voluntary liquidiations. 50p.
9 Groshen, Erica L. & Schweitzer, Mark E. The effects of
inflation on wage adjustments in firm-level data: grease or
sand?. 62p.
10 Antzoulatos, Angelos A. Error correction mechanisms and
short-run expectations. 23p.
11 Bartolini, Leonardo & Drazen, Allan. Capital account
liberalization as a signal. 44p.
12 Cantor, Richard & Packer, Frank. Multiple ratings and
credit standards: differences of opinion in the credit
rating industry. 41p.
14 Campa, Jose & Goldberg, Linda S. Investment, pass-through,
and exchange rates: a cross-country comparison. 59p.
PAGE 42
13 Osler, C.L. & Carlson, John A. Rational speculators and
exchange rate volatility. 30p.
15 Harrigan, James. Technology, factor supplies and
international specialization: estimating the neoclassical
model. 42p.
16 Rapaport, Carol. Housing demand and community choice: an
empirical analysis. 33p.
FEDERAL RESERVE BANK OF PHILDELPHIA. Economic Research Division.
9522 Ball, Laurence & Croushore, Dean. Expectations and the
effects of monetary policy. 32p.
9525 DeFina, Robert H., Stark, Thomas C. & Taylor, Herbert E.
The long-run variance of output and inflation under
alternative monetary policy rules. 24p.
9524 Morris, Stephen & Shin, Hyun Song. Informational events
that trigger currency attacks. 29p.
9523 Shaffer, Sherrill. The discount window and credit
availability. 33p.
9526 Adao, Bernardino & Temzelides, Theodosios. Beliefs,
competition, and bank runs. 24p.
9527 Temzelides, Theodosios. Evolution, coordination, and
banking panics. 33p.
96-1 Berlin, Mitchell & John, Kose. Bank equity stakes in
borrowing firms and financial distress. 46p.
96-2 Hughes, Joseph P. & Mester, Loretta J. Bank capitalization
and cost: evidence of scale economies in risk management and
signalling. 41p.
9529 Robertson, Douglas. Are banks converging to one size?.
61p.
9528 Sill, Keith. Some monetary policy implications of
increasing consumption variety. 20p.
9605 Morris, Stephen. Speculative investor behavior and
learning. 25p.
96-4 Shaffer, Sherrill. Capital requirements and rational
discount window borrowing. 29p.
96-3 Stark, Tom & Croushore, Dean. Evaluating McCallum's rule
when monetary policy matters. 45p.
96-8 Chatterjee, Satyajit & Corbae, Dean. Money and finance with
costly commitment. 26p.
96-9 Hughes, Joseph P., et al. Efficient banking under
interstate branching. 35p.
96-7 Kaminsky, Graciela L. & Lewis, Karen K. Does foreign
exchange intervention signal future monetary policy?. 31p.
96-6 Lewis, Karen K. Consumption, stock returns, and the gains
from international risk-sharing. 40p.
9612 McAndrews, James J. Retail pricing of ATM network services.
27p.
9611 Mester, Loretta J. Measuring efficiency at U.S. banks:
accounting for heterogeneity is important. 23p.
9610 Ozlu, Elvan, Schlagenhauf, Don & Wrase, Jeffrey M. Exchange
rates and international relative prices and quantities in
equilibrium models with alternative preference s. 26p.
9613 Carlino, Gerald & Sill, Keith. Common trends and common
cycles in regional per capita incomes. 44p.
PAGE 43
9614 Hughes, Joseph P., et al. Safety in numbers?: geographic
diversification and bank insolvency risk. 32p.
9615 Voith, Richard. The suburban housing market: effects of
city and suburban employment growth. 37p.
9617 Berlin, Mitchell & Butler, Alexander W. Public versus
private debt: confidentiality, control, and product markets.
27p.
9616 Crone, Theodore M. & Voith, Richard P. Risk and return in
the single-family housing market. 22p.
9618 Berlin, Mitchell & Mester, Loretta J. Why is the banking
sector shrinking?. 38p.
9620 DeFina, Robert H. & Stark, Thomas C. The effects of
permanent and transitory output shocks on poverty. 31p.
9621 Holliday, Andrew J. & Hopper, Gregory P. Are there regimes
of antitrust enforcement?: an empirical analysis. 28p.
9619 McAndrews, James J. Pricing in vertically integrated
network switches. 14p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9550 Bhasin, Vijay. On the credit risk of OTC derivative users.
49p.
9548 Estevao, Marcello & Tevlin, Stacey. The role of profits in
wage determination: evidence from U.S. manufacturing. 36p.
9547 Lach, Saul & Rob, Rafael. R & D, investment and industry
dynamics. 45p.
9549 Owen, Ann L. International trade and the accumulation of
human capital. 27p.
9552 Collins, Sean & Mack, Phillip. Will bank proprietary mutual
funds survive?: assessing their viability via scope and
scale estimates. 27p.
9551 Kupiec, Paul H. & O'Brien, James M. Recent developments in
bank capital regulation of market risks. 28p.
9553 Neumark, David & Wascher, William. Reconciling the evidence
on employment effects of minimum wages: a review of our
research findings. 31p.
96-6 Cole, Rebel A. & Mehran, Hamid. The effect of changes in
ownership structures on performance: evidence from the
thrift industry. 39p.
96-2 Estevao, Marcello. Measurement error and time aggregation:
a closer look at estimates of output labor elasticities.
35p.
96-9 Gilles, Christian & LeRoy, Stephen F. Bubbles as payoffs at
infinity. 29p.
96-1 Kennickell, Arthur B., Starr-McCluer, Martha & Sunden,
Annika E. Saving and financial planning: some findings from
a focus group. 18p.
96-8 Lamb, Russell L. & Diebold, Francis X. Why are estimates of
agricultural supply response so variable?. 26p.
96-7 Whitesell, William & Collins, Sean. A minor redefinition of
M2. 31p.
96-5 Wieland, Volker. Learning by doing and the value of optimal
experimentation. 38p.
96-4 Zhou, Chunsheng. Forecasting long and short-horizon stock
returns in a unified framework. 32p.
PAGE 44
96-3 Zhou, Chunsheng. Stock market fluctuations and the term
structure. 34p.
9610 Baily, Martin N., Bartelsman, Eric J. & Haltiwanger, John.
Labor productivity: structural change and cyclical dynamics.
25p.
9612 Calem, Paul S. & Rob, Rafael. The impact of capital-based
regulation on bank risk-taking: a dynamic model. 44p.
9613 Judson, Ruth. Do low human capital coefficients make
sense?: a puzzle and some answers. 56p.
9611 Kupiec, Paul H. & White, A. Patricia. Regulatory
competition and the efficiency of alternative derivative
product margining systems. 35p.
9615 Eisenbeis, Robert A., Horvitz, Paul M. & Cole, Rebel A.
Commercial banks and real estate lending: the Texas
experience. 24p.
9616 English, William B. Inflation and financial sector size.
49p.
9614 Leusner, John, Akhavein, Jalal D. & Swamy, P.A.V.B. Solving
an empirical puzzle in the capital asset pricing model.
33p.
9622 Bhasin, Vijay, Cole, Rebel A. & Kiely, Joseph K. Changes in
REIT liquidity 1990-94: evidence from intra-day
transactions. 31p.
9620 Duffee, Gregory R. Treasury yields and corporate bond yield
spreads: an empirical analysis. 34p.
9617 Fisher, Mark & Gilles, Christian. Around and around: the
expectations hypothesis. 23p.
9619 Judson, Ruth & Orphanides, Athanasios. Inflation,
volatility and growth. 28p.
9618 Kennickell, Arthur B. & Starr-McCluer, Martha. Household
saving and portfolio change: evidence from the 1983-89 SCF
panel. 40p.
9621 Orphanides, Athanasios. Compensation incentives and risk
taking behavior: evidence from mutual funds. 26p.
9625 Carey, Mark, Post, Mitch & Sharpe, Steven A. Does corporate
lending by banks and finance companies differ?: evidence on
specialization in private debt contracti. 63p.
9624 Orphanides, Athanasios & Wilcox, David W. The opportunistic
approach to disinflation. 29p.
9626 Antoniewicz, Rochelle L. A comparison of the household
sector from the flow of funds accounts and the Survey of
Consumer Finances. 26p.
9629 Duffee, Gregory R. Estimating the price of default risk.
42p.
9627 Elmendorf, Douglas W. The effect of interest rate changes
on household saving and consumption: a survey. 84p.
9628 Neumark, David & Wascher, William L. Minimum wage effects
on employment and school enrollment: reply to Evans and
Turner. 19p.
9631 O'Malley, Michael P. Tax exhaustion, firm investment, and
leasing: a test of the q model of investment. 30p.
9635 Aizcorbe, Ana & Starr-McCluer, Martha. Vehicle ownership,
vehicle acquisitions and the growth of auto leasing:
evidence from consumer surveys. 16p.
PAGE 45
9637 Berkowitz, Jeremy. Generalized spectral estimation. 17p.
9630 Clerida, Sofronia, Lach, Saul & Tybout, James. Is
"learning-by-exporting" important?: microdynamic evidence
from Columbia, Mexico and Morocco. 58p.
9632 Elmendorf, Douglas W. & Kimball, Miles S. Taxation of labor
income and the demand for risky assets. 36p.
9636 Fenn, George W., Post, Mitch & Sharpe, Steven A. Debt
maturity and the use of interest rate derivatives by
nonfinancial firms. 40p.
9634 Helwege, Jean & Liang, Nellie. Initial public offerings in
hot and cold markets. 34p.
9623 Kiley, Michael T. Endogenous price stickiness and business
cycle persistence. 38p.
9633 Kiley, Michael T. The lead of output over inflation in
sticky price models. 20p.
9639 Berkowitz, Jeremy & Giorgianni, Lorenzo. Long-horizon
exchange rate predictability?. 17p.
9638 Duffee, Gregory R. & Prowse, Steven D. What's good for GM?:
Using auto industry stock returns to forecast business
cycles & test the q-theory of investmen. 31p.
9641 Bomfin, Antulio N. "Forecasting the forecasts of others":
expectational heterogeneity and aggregate dynamics. 32p.
9642 Brayton, F. & Tinsley, P. A guide to FRB/US: a
macroeconomic model of the United States. 45p.
9640 Greenspan, Alan & Cohen, Darrel. Motor vehicle stocks,
scrappage, and sales. 34p.
FEDERAL RESERVE BOARD. International Finance Papers.
532 Basu, Susanto & Fernald, John G. Aggregate productivity and
the productivity of aggregates. 50p.
530 de Brouwer, Gordon & Ericsson, Neil R. Modelling inflation
in Australia. 67p.
531 Marquez, Jaime. A century of trade elasticities for Canada,
Japan, and the United States. 32p.
537 Brunner, Allan D. Using measures of expectations to
identify the effects of a monetary policy shock. 34p.
533 Engel, Charles & Rogers, John H. Regional patterns in the
law of one price: the roles of geography vs. currencies.
43p.
534 Frankel, Jeffrey A. & Rose, Andrew K. Currency crashes in
emerging markets: an empirical treatment. 26p.
536 Huh, Chan. Regime switching in the dynamic relationship
between the federal funds and innovations in nonborrowed
reserves. 29p.
535 Truman, Edwin M. The risks and implications of external
financial shocks: lessons from Mexico. 32p.
542 Bertaut, Carol C. & Haliassos, Michael. Precautionary
portfolio behavior from a life-cycle perspective. 40p.
538 Gagnon, Joseph E. Long memory in inflation expectations:
evidence from international financial markets. 23p.
540 Kamin, Steven B. & Rogers, John H. Monetary policy in the
end-game to exchange rate based stabilizations: the case of
Mexico. 45p.
PAGE 46
543 Kaminsky, Graciela L. & Leiderman, Leonardo. High real
interest rates in the aftermath of disinflation: is it a
lack of credibility?. 27p.
544 Kaminsky, Graciela L. & Reinhart, Carmen M. The twin
crises: the causes of banking and balance of payments
problems. 26p.
541 Melick, William R. & Thomas, Charles P. Using options
prices to infer PDF's for asset prices: an application to
oil prices during the Gulf Crisis. 39p.
539 Uribe, Martin. Comparing the welfare costs and the initial
dynamics of alternative temporary stabilization policies.
33p.
546 Basu, Susanto & Fernald, John G. Returns to scale in U.S.
production: estimates and implications. 48p.
545 Calvo, Guillermo A. & Mendoza, Enrique G. Mexico's
balance-of-payments crisis: a chronicle of death foretold.
37p.
547 Gagnon, Joseph E., Masson, Paul R. & McKibbin, Warwick J.
German unification: what have we learned from multi-country
models?. 47p.
549 Gibson, Michael S. More evidence on the link between bank
health and investment in Japan. 22p.
550 Iyigun, Murat F. & Owen, Ann L. Alternatives in human
capital accumulation: implications for economic growth.
19p.
548 Mendoza, Enrique G. & Uribe, Martin. The syndrome of
exchange-rate based stabilizations and the uncertain
duration of currency pegs. 51p.
553 Ammer, John. Macroeconomic state variables as determinants
of asset price covariances. 31p.
551 Iyigun, Murat F. & Owen, Ann L. The accumulation of human
capital: alternative methods and why they matter. 26p.
554 Kamin, Steven B. Real exchange rates and inflation in
exchange-rate based stabilizations: an empirical
examination. 55p.
555 Leahy, Michael P. & Thomas, Charles P. The sovereignty
option: the Quebec referendum and market views on the
Canadian dollar. 32p.
552 Uribe, Martin. The tequila effect: theory and evidence from
Argentina. 35p.
556 Ammer, John & Gibson, Michael S. Regulation and the cost of
capital in Japan: a case study. 48p.
558 Bertaut, Carol C. Stockholding behavior of U.S. households:
evidence from the 1983-89 Survey of Consumer Finances. 41p.
557 Ghosal, Vivek & Loungani, Prakash. Firm size and the impact
of profit-margin uncertainty on investment: do financing
constraints play a role?. 31p.
559 Ericcson, Neil R. & Sharma, Sunil. Broad money demand and
financial liberalization in Greece. 49p.
560 Frankel, Allen B. & Palmer, David E. The management of
financial risks at German nonfinancial firms: the case of
Metallgesellschaft. 40p.
563 Frankel, Jeffrey A. & Schmukler, Sergio L. Country fund
discounts and the Mexican crisis of December 1994: did local
residents turn pessimistic before interna. 38p.
PAGE 47
564 Ghei, Nita & Kamin, Steven B. The use of the parallel
market rate as a guide to setting the official exchange
rate. 46p.
561 Haltmaier, Jane T. Inflation-adjusted potential output.
48p.
565 Huh, Chan. Some evidence on the efficacy of the UK
inflation targeting regime: an out of sample forecast
approach. 30p.
562 Sheets, Nathan & Boata, Simona. Eastern European export
performance during the transition. 38p.
566 Ahmed, Shaghil & Rogers, John H. Long term evidence on the
Tobin and Fisher effects: a new appproach. 43p.
567 Copelman, Martina. Financial innovation and the speed of
adjustment of money demand: evidence from Bolivia, Israel
and Venezuela. 29p.
569 Copelman, Martina. The role of credit in post-stabilization
consumption booms. 32p.
568 Eika, Kari H., Ericsson, Neil R. & Nymoen, Ragnar. Hazards
in implementing a monetary conditions index. 32p.
571 Bryson, Jay H., Chen, Chin-huan & VanHoose, David D.
Implications of economic interdependence and exchange rate
policy on endogenous wage indexation decisions. 30p.
570 Edison, Hali J. The reaction of exchange rates and interest
rates to new releases. 31p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
210 Coate, Malcolm B. & Kleit, Andrew N. The political economy
of Federal Trade Commission administrative decision making
in merger enforcement. 28p.
211 Hertzendorf, Mark N. A game theory model of celebrity
endorsements. 53p.
212 Reitzes, James D. & Grawe, Oliver R. Entry policy and entry
subsidies. 29p.
200 Coate, Malcolm B., Kleit, Andrew N. & Bustamante, Rene.
Fight, fold or settle?: modeling the reaction to FTC merger
challenges. 31p.
205 Daniel, Timothy P. & Kleit, Andrew N. Disentangling
regulatory policy: the effects of state regulations on
trucking rates. 65p.
HARVARD UNIVERSITY. Institute of Economic Research.
1747 Glaeser, Edward L. The social costs of rent control
revisited. 41p.
1746 Glaeser, Edward L. & Sacerdote, Bruce. Why is there more
crime in cities?. 65p.
1742 Griliches, Zvi. The discovery of the residual: a historical
note. 13p.
1745 Griliches, Zvi. Education, human capital and growth: a
personal perspective. 25p.
1743 Hall, Brian J. Risk-taking incentives and the cost of
insurance company failures. 41p.
1744 Kornai, Janos. The dilemmas of Hungarian economic policy.
25p.
PAGE 48
1749 Adams, James & Griliches, Zvi. Measuring science: an
exploration. 34p.
1751 Baliga, Sandeep & Sjostrom, Tomas. Interactive
implementation. 31p.
1753 Banerjee, Abhijit V. & Maskin, Eric S. A Walrasian theory
of money and barter. 66p.
1752 Davis, Donald R. Does European unemployment prop up
American wages?. 32p.
1754 Kain, John F. & Singleton, Kraig. Equality of educational
opportunity revisited. 52p.
1748 Kornai, Janos. Paying the bill for Goulash-communism:
Hungarian development and macro stabilization in a political
economy perspec. 64p.
1750 Weinstein, David E. Foreign direct investment and Keiretsu:
rethinking U.S. and Japanese policy. 45p.
1755 Weitzman, Martin L. & Lofgren, Karl-Gustaf. On the welfare
significance of green accounting as taught by parable. 21p.
1757 Baliga, Sandeep & Sjostrom, Tomas. Decentralization and
collusion. 37p.
1758 Campbell, John Y. & Shiller, Robert J. A scorecard for
indexed government debt. 63p.
1756 Gaspar, Jess & Glaeser, Edward L. Information technology
and the future of cities. 57p.
1761 Mankiw, N. Gregory & Poterba, James. Stock-market yields
and the pricing of municipal bonds. 20p.
1759 Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres. Financial
crises in emerging markets: the lessons from 1995. 76p.
1760 Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres. The
Mexican peso crisis: sudden death or death foretold?. 30p.
1765 Caballero, Ricardo J. & Leahy, John V. Fixed costs: the
demise of marginal q. 18p.
1763 Campbell, John Y. Consumption and the stock market:
interpreting international experience. 63p.
1767 Davis, Donald R. Technology, unemployment, and relative
wages in a global economy. 27p.
1764 Furman, Jason & Leahy, John V. The international
transmission of monetary policy: evidence from the United
States and Canada. 29p.
1762 Kain, John F. Cost-effective alternatives to Atlanta's
costly rail rapid transit system. 38p.
1768 LaPorte, Rafael, et al. Law and finance. 60p.
1766 Sen, Amartya. Maximization and the act of choice. 56p.
1772 Chamberlain, Gary & Imbens, Guido W. Nonparametric
applications of Bayesian inference. 22p.
1769 Davis, Donald R. Trade liberalization and income
distribution. 15p.
1773 Davis, Donald R. & Weinstein, David E. Does economic
geography matter for international specialization?. 61p.
1774 Dekel, Eddie, Fudenberg, Drew & Levine, David K. Payoff
information and self-confirming equilibrium. 32p.
1771 Gourinchas, Pierre-Olivier & Tornell, Aaron. Exchange rate
dynamics and learning. 57p.
1770 Hall, Brian J. & Weinstein, David E. The myth of the
patient Japanese corporate myopia and financial distress in
Japan and the U.S. 33p.
PAGE 49
1772 Kremer, Michael & Maskin, Eric. Wage inequality and
segregation by skill. 61p.
1775 Metrick, Andrew & Zeckhauser, Richard. Price versus
quantity: market clearing mechanisms when sellers differ in
quality. 39p.
1776 Weitzman, Martin L. On the welfare significance of national
product under interest-rate uncertainty. 17p.
1781 Chamberlain, Gary & Imbens, Guido W. Hierarchical Bayes
models with many instrumental variables. 26p.
1779 Garg, Ashish & Morduch, Jonathan. Sibling rivalry, resource
constraints, and the health of children. 35p.
1784 Grossman, Gene M. & Helpman, Elhanan. Competing for
endorsements. 44p.
1782 Hall, Brian J. Regulatory free cash flow and the high cost
of insurance company failures. 36p.
1778 Hart, Oliver, Shleifer, Andrei & Vishny, Robert W. The
proper scope of government: theory and an application to
prisons. 56p.
1780 Segal, Ilya R. & Whinston, Michael D. Naked exclusion and
buyer coordination. 33p.
1783 Shleifer, Andrei. Government in transition. 43p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
83 Feinberg, Yossi. A converse to the agreement theorem. 20p.
85 Feinberg, Yossi. An incomplete cooperation structure for a
voting game can be stable. 8p.
87 Milchtaich, Igal. The value of nonatomic games arising from
certain noncooperative congestion games. 12p.
89 Milchtaich, Igal. Vector measure games based on measures
with values in an infinite dimensional vector space. 15p.
82 Neyman, Abraham & Sorin, Sylvain. Equilibria in repeated
games of incomplete information: the deterministic symmetric
case. 5p.
86 Neyman, Abraham & Sorin, Sylvain. Equilibria in repeated
games of incomplete information: the general symmetric case.
9p.
84 Sheshinski, Eytan. Note on atmosphere externality and
corrective taxes. 13p.
90 Amital, Mor. Cheap-talk with incomplete information on both
sides. 30p.
91 Amital, Mor. Cheap-talk with random stopping. 10p.
94 Aumann, Robert J., Hart, Sergiu & Perry, Motty. The
absent-minded driver. 16p.
96 Bornstein, Gary, Budescu, David & Zamir, Shmuel.
Cooperation in intergroup, n-person and two-person games of
chicken. 28p.
95 Bornstein, Gary, Winter, Eyal & Goren, Harel. Experimental
study of repeated team games. 22p.
93 Driessen, Theo S.H. An alternative game theoretic analysis
of a bankruptcy problem from the Talmud: the case of the
greedy bankruptcy g. 20p.
92 Driessen, Theo S.H. Tree enterprises and bankruptcy
ventures: a game theoretic similarity due to a graph
theoretic proof. 12p.
PAGE 50
88 Neyman, Abraham. Cooperation, repetition, and automata.
28p.
98 Felsenthal, Dan S & Machover, Moshe. Ternary voting games.
24p.
99 Haimovich, Mordecai. The simplex algorithm is very good!:
on the expected # of pivot steps & related properties of
random linear program. 48p.
97 Milchtaich, Igal. Generic uniqueness of equilibria in
nonatomic congestion games. 17p.
100 El-Yaniv, Ran & Karp, Richard M. Nearly optimal competitive
online replacement policies. 31p.
101 Hart, Sergiu & Weiss, Benjamin. Significance levels for
multiple tests. 11p.
102 Aumann, Robert J. The case of the three widows (in Hebrew).
14p.
108 Aumann, Robert. On the state of the art in game theory.
39p.
103 El-Yaniv, Ran. There are infinitely many
competitive-optimal online list accessing algorithms. 17p.
104 Neyman, Abraham & Okada, Daijiro. Strategic entropy and
complexity in repeated games. 26p.
105 Amitai, Mor. Repeated games with incomplete information on
both sides. 27p.
106 Herrero, Carmen, Maschler, Michael & Villar, Antonio.
Individual rights and collective responsibility: the
rights-egalitarian solution. 19p.
107 Milchtaich, Igal. On backward induction paths and pure
strategy Mash equilibria of congestion games. 10p.
111 El-Yaniv, Ran. Competitive solutions for online financial
problems: a survey. 49p.
110 Wolinsky, Asher. A theory of the firm with non-binding
employment contracts. 52p.
113 El-Yaniv, Ran. Is it rational to be competitive?: on the
decision-theoretical foundations of the competitive ratio.
34p.
112 Israeli, Eitan. Sowing doubt optimally in two-person
repeated games. 16p.
109 Aumann, Robert J. A note on the centipede game. 6p.
115 Foster, Dean P. & Young, H. Peyton. Learning with hazy
beliefs. 29p.
116 Gossner, Olivier. Comparison of information structures.
22p.
114 Neyman, Abraham & Okada, Daijiro. Repeated games with
bounded entropy. 13p.
119 Keaser, Tamar, Motro, Uzi & Shmida, Avi. Exploration effort
in foraging bees is enhanced by clustering of food
resources. 14p.
118 Keaser, Tamar, Motro, Uzi & Shmida, Avi. Foraging as an
exploratory activity in bees: the effects of patch
variability. 28p.
120 Keaser, Tamar, Motro, Uzi & Shmida, Avi. Inate movement
rules in foraging bees: flight distances are affected by
recent rewards and are correlated with choi. 22p.
122 Keaser, Tamar, et al. Overnight memory retention of
foraging skills by bumblebees is imperfect. 18p.
PAGE 51
121 Keaser, Tamar, et al. When color vision is not useful: the
floral choices of foraging bumblebees on color polymorphic
artificial flowers. 21p.
117 Landsberger, Michael, et al. First-price auctions when the
ranking of valuations is common knowledge. 17p.
HEBREW UNIVERSITY. Department of Economics.
314 Bar-Nathan, Moshe, Beenstock, Michael & Haitovsky, Yoel. An
econometric model of the Israeli housing market. 45p.
309 Barkai, Haim. A Middle East development bank. 13p.
310 Beenstock, Michael. Training and the time to find a job.
29p.
312 Beenstock, Michael, Goldin, Ephraim & Haitovsky, Yoel. The
treatment of response bias in a conjoint analysis of power
outages. 39p.
316 Ber, Hedva. Causes and macroeconomic consequences of
disintermediation. 44p.
311 Galor, Oded. Convergence?: inferences from theoretical
models. 20p.
315 Galor, Oded & Tsiddon, Daniel. Technological progress,
mobility, and economic growth. 37p.
317 Halelvi, Nadav & Kleiman, Ephraim. Regional versus
non-regional integration: the case of the Middle East. 36p.
313 Kleiman, Ephraim. Ancient and medieval Rabbinic economic
thought: definitions, methodology and illustrations. 27p.
308 Yafeh, Yishay & Yosha, Oved. The strategic use of
relationship banking. 24p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
320 Fukuda, Shin-ichi. Money and economic growth with
increasing returns-to-scale. 20p.
318 Stein, Howard & Lewis, Peter. Shifting fortunes: the
political economy of financial liberalization in Nigeria.
47p.
314 Suzumura, Kotaro. Industrial policy in a developing market
economy. 45p.
315 Suzumura, Kotaro. Japanese industrial policy for
telecommunications: anatomy of the 1985 institutional reform
and its aftermath. 42p.
319 Suzumura, Kotaro. Maximality, optimality and duality. 5p.
323 Stein, Howard. Adjustment and development in Africa: toward
an assessment. 23p.
HONG KONG UNIVERSITY OF SCIENCE & TECHNOLOGY. Dept. of Economics.
9521 Chen, Songian. Semiparametric estimation of the type 3
Tobit model. 41p.
9520 Lin, Chu-chia Steve & Png, I.P.L. Kinship, control, and
incentives. 21p.
9525 Lin, Justin Yifu & Yang, Dennis T. Food availability,
entitlements and the Chinese famine of 1959-1961. 27p.
9524 Wang, Susheng. The choice of fiscal policies. 22p.
PAGE 52
9519 Dasgupta, Sudipto & Tao, Zhigang. Interfirm partial
ownership under contractual incompleteness. 32p.
9527 Hong, Chew Soo & Wakker, Peter. The comonotonic sure-thing
principle. 29p.
9523 Kwan, Yum-keung. Bayesian analysis with an unknown
likelihood function: a limited information approach. 26p.
9526 Kwan, Yum-keung & Chow, Gregory C. Estimating economic
effects of the Great Leap Forward and the Cultural
Revolution in China. 16p.
9522 Qiu, Larry D. & Tao, Zhigang. Policy towards international
R & D cooperation. 30p.
HOOVER INSTITUTION. Domestic Studies Program.
95-6 Cutler, David M. & Glaeser, Edward I. Are ghettos good or
bad?. 67p.
95-4 Glaeser, Edward I., Scheinkman, Jose A. & Shleifer, Andrei.
Economic growth in a cross-section of cities. 39p.
95-5 Kremen, Alan F. Capitalism and the ethic of care: new
directions for policy, philosophy, and leadership. 32p.
95-9 Kremer, Michael. Assortative marriage and the dynamics of
inequality. 57p.
95-8 Kremer, Michael. Integrating behavioral choice into
epidemiological models of AIDS. 54p.
95-7 Kremer, Michael & Maskin, Eric. Segregation by skill and
the rise of inequality. 51p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
36 Herbertsson, Tryggvi T. & Magnusson, Gudmundur. Accounting
for growth in the five Nordic countries, 1971-1992. 25p.
33 Baldursson, Fridrik M. & Karatzas, Ioannis. Irreversible
investment and industry equilibrium. 23p.
34 Petursson, Thorarinn G. Backward and forward looking error
correction models of inflation in Iceland. 35p.
35 Schuler, Kurt. The case against central banking in
developing countries, with a postscript on Iceland. 52p.
38 Matthiasson, Thorolfur. Why fishing fleets tend to be "too
big". 11p.
37 Petursson, Thorarinn G. Are prices forward looking?:
evidence from Iceland. 16p.
39 Runolfsson, Birgir & Arnason, Ragnar. Iceland's individual
transferable quota system: evolution and performance. 38p.
9604 Baldursson, Friorik Mar & Magnusson, Guomundur. Portfolio
fishing. 16p.
9605 Danielsson, Jon & de Vries, Casper G. Tail index and
quantile estimation with very high frequency data. 22p.
9603 Hebertsson, Tryggvi Thor & Benedikts-dottir, Sigridur.
Growth and environmental policies in Iceland: a descriptive
account. 31p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9543 Abowd, J.M. & Kramarz, F. The costs of hiring and
separations. 28p.
PAGE 53
9547 Baccar, S. Reliability of the translog cost function: some
theory and an application to the demand of energy in French
manufac. 41p.
9544 Blundell, R. & Robin, J.M. Latent separability: grouping
goods without weak separability. 34p.
9549 Crepon, B. & Duguet, E. Estimating the innovation function
from patent numbers: GMM on count panel data. 24p.
9546 Gourieroux, C., Monfort, A. & Tenreiro, C. Kernel
m-estimators and functional residuals plots. 48p.
9548 Guerre, E. The general asymptotic behavior of estimators of
the Box-Cox model for integrated time series. 36p.
9545 Monfort, A. A reappraisal of misspecified econometric
models. 32p.
9552 Florens, J.P., Renault, E. & Touzi, N. Testing for
embeddability by stationary reversible continuous time
Markov processes. 26p.
9550 Gourieroux, C., Laurent, J.P. & Pham, H. Quadratic hedging
and numeraire. 23p.
9553 Jouini, E., Koehl, P.F. & Touzi, N. Incomplete markets,
transaction costs and liquidity effects. 26p.
9551 Touzi, N. American options exercise boundary when the
bolatility changes randomly. 17p.
9558 Carassus, L. & Jouini, E. Investment opportunities, short
sales constraints and arbitrage opportunity. 18p.
9559 Comte, F. & Lieberman, O. On variance noncausality and
cointegration. 20p.
9605 Dhaene, G., Gourieroux, C. & Scaillet, O. Non-nested
hypotheses and instrumental models. 50p.
9603 Fermanian, J.D. Multivariate hazard rates under random
censorship. 50p.
9562 Franq, C. & Zakoian, J.M. Estimating linear representations
of nonlinear processes. 25p.
9560 Gollier, C., Koehl, P.F. & Rochet, J.C. Risk-taking
behavior with limited liability and risk aversion. 21p.
9554 Gourieroux, C., Renault, E. & Touzi, N. Calibration by
simulation for small sample bias correction. 27p.
9602 Koehl, P.F. A dynamic model of the liquidity premium. 18p.
9561 Magnac, T. & Postel-Vinay, G. Wage competition between
agriculture and industry in mid-nineteenth century France.
35p.
9601 Rousseau, J. Expansions of penalized likelihood ratio
statistics and consequences on matching priors for HDP
regions. 23p.
9604 van Ypersele, T. & Wunsch, P. Comparative advantage,
redistribution and the political process: a perspective on
social dumping. 22p.
9607 Comte, F. & Renault, E. Long memory in continuous time
stochastic volatility models. 47p.
9606 Villeneuve, B. Mandatory insurance and intensity of adverse
selection. 30p.
9608 Alziary, B., Decamps, J.P. & Koehl, P.F. A partial
differential equation approach to Asian options: analytical
and numerical evidence. 40p.
9617 Berger, J.O., Philippe, A. & Robert, C.P. Estimation of
quadratic functions: noninformative priors for
non-centrality parameters. 17p.
PAGE 54
9618 Berred, A.M. Estimation of record values. 12p.
9622 Blundell, R., Magnac, T. & Meghir, C. Savings and labour
market transitions. 33p.
9625 Casella, G. & Robert, C.P. Post-processing accept-reject
samples: recycling and rescaling. 19p.
9623 Chiappori, P.A., Salanie, B. & Valentin, J. Early starters
versus late beginners. 34p.
9611 El Karoui, N., Frachot, A. & Geman, H. A note on the
behavior of long zero coupon rates in a no arbitrage
framework. 16p.
9612 Gayraud, G. Minimax hypothesis testing. 22p.
9620 Guegan, D. A nonparametric point of view: stochastic versus
deterministic approach. 18p.
9616 Guegan, D. & Mercier, L. Predation in chaotic time series:
methods and comparisons using simulations. 15p.
9619 Guegan, D. & Leorat, G. What is the good way to identify
noisy chaos?: an empirical approach. 18p.
9609 Jullien, B. Participation constraints in adverse selection
models. 36p.
9610 Linnemer, L. & Perrot, A. Certification by a monopolist.
24p.
9624 Robert, C.P. & Titterington, D.M. Reparameterisation
strategies for hidden Markov models and Bayesian approaches
to maximum likelihood estimation. 24p.
9557 Billio, M. & Monfort, A. Switching state space models:
liklihood function, filtering and smoothing. 58p.
9627 Delecroix, M., Guegan, D. & Leorat, G. Determining Lyapunov
exponents in deterministic dynamical systems. 15p.
9556 Guerre, E. & Jouneau, F. Geometric versus arithmetic random
walk: the case of trended variables. 19p.
9630 Guihenneuc-Jouhaux, C. & Robert, C.P. Discretizations of
continuous state space Markov chains for MCMC convergence
assessment. 22p.
9629 Ledyard, J.O. & Palfrey, T.R. Interim efficiency in a
public goods problem. 20p.
9628 Linnemar, L. Entry deterrence, product quality: price and
advertising as signals. 25p.
9555 Robert, C. A pathological MCMC algorithm and its use as a
benchmark for convergence assessment techniques. 10p.
9632 Calinski, T. & LeJeune, M. A fresh look at testing
hypotheses on dimensionality in the MANOVA model. 16p.
9631 Combes, P.P., Caillaud, B. & Jullien, B. Common market with
regulated firms. 37p.
9633 Gourieroux, C., Jasiak, J. & Le Fol, G. Intra-day market
activity. 47p.
INSTITUTO DE MATEMATICA PURA E APLICADA (BRAZIL).
92 Araujo, Aloisio, Monteiro, Paulo K. & Pascoa, Mario.
Infinite horizon incomplete markets with a continuum of
states. 20p.
95 de Souza, Aparecido J. & Marchesin, Dan. Bifurcations in
nonlinear resources for systems of conservation laws. 20p.
93 Landim, C., Sethuraman, S. & Varadhan, S. Spectral gap for
zero-range dynamics. 32p.
PAGE 55
96 Solodov, M.V. Incremental gradient algorithms with
stepsizes bounded away from zero. 14p.
94 Solodov, M.V. On the convergence of constrained parallel
variable distribution algorithms. 13p.
INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9604 Antinolfi, Gaetano & Huybens, Elisabeth. Capital
accumulation and real exchange rate behavior in small open
economy with credit market frictions. 50p.
9507 Guerrero, Victor M. & Pena, Daniel. Linear combination of
information in time series analysis. 22p.
9605 Hernandez D., Alejandro & Zapatero, Fernando. Exchange rate
determination and the collapse of a target zone with
stochastic capital flows. 34p.
9601 Mena, Hugo. International trade in middle products and the
transfer problem. 47p.
9603 Renero, Juan M. Unstable and stable steady states in the
Kiyotaki-Wright model. 22p.
9602 Santos, Manuel S. & Vigo, Jesus. Accuracy estimates for a
numerical approach to stochastic growth models. 45p.
9606 Azariadis, Costas. The economics of poverty traps, part
one: complete markets. 60p.
9610 Cuoco, Domenico & Zapatero, Fernando. On the recoverability
of preferences and beliefs in financial models. 16p.
9608 Huybens, Elisabeth & Smith, Bruce D. Financial market
frictions, monetary policy and capital accumulation in a
small open economy. 45p.
9607 Lopez A., Gladys. Equilibrium behavior in an all-pay
auction with complete information. 40p.
9609 Ortigueira, Salvador. Fiscal policy in an endogenous growth
model with human capital accumulation. 34p.
UNIVERSITY OF IOWA. Department of Economics.
9517 Bowlus, Audra J., Kiefer, Nicholas M. & Neumann, George R.
Fitting equilibrium search models to labor market data.
27p.
9515 Gorgens, Tue & Horowitz, Joel. Semiparametric estimation of
a censored regression model with an unknown transformation
of the dependent variable. 41p.
9518 Horowitz, Joel L. & Manski, Charles F. What can be learned
about population parameters when the data are contaminated?.
44p.
9516 Riezman, Raymond, Whiteman, Charles & Summers, Peter M. The
engine of growth or its handmaiden?: a time-series
assessment of export-led growth. 41p.
9601 Wu, S.Y. & Qin, C.Z. Pricing derived securities under an
Edgeworthian process. 40p.
9603 Blume, Andreas. Communication, risk and efficiency in
games. 30p.
9602 Horowitz, Joel L. Bootstrap critical values for tests based
on the smoothed maximum score estimator. 48p.
9604 Blume, Andreas. Information transmission and preference
similarity. 27p.
PAGE 56
9608 Lanot, Gathier & Neumann, George R. Measuring productivity
differences in equilibrium search models. 30p.
9607 Lobato, I.N. & Savin, N.E. Real and spurious long memory
properties of stock market data. 32p.
9605 Savin, N.E. & Wurtz, Allan. The effect of nuisance
parameters on the power of LM tests in logit and probit
models. 28p.
9606 Savin, N.E. & Wurtz, Allan. Power of tests in binary
response models. 14p.
9609 Savin, N.E., Loughran, Tim & Horowitz, Joel L. A spline
analysis of the small firm effect: does size really matter?.
35p.
9610 Wu, S.Y. A discourse on a model of the
entrepreneur-centered economy. 28p.
9612 De Jong, David N., Ingram, Beth N. & Whiteman, Charles.
Cyclical implications of the variable utilization of
physical and human capital. 26p.
9611 Horowitz, Joel. Bootstrap methods for median regression
models. 51p.
9613 Horowitz, Joel L. Bootstrap methods for covariance
structures. 30p.
9614 Otrok, Christopher & Whiteman, Charles H. Bayesian leading
indicators: measuring and predicting economic conditions in
Iowa. 26p.
IOWA STATE UNIVERSITY. Department of Economics.
38 Tesfatsion, Leigh. An evolutionary trade network game with
preferential partner selection. 10p.
BANCA DE ITALIA. Research Department.
256 Angeloni, I., et al. The credit channel of monetary policy
across heterogeneous banks: the case of Italy. 54p.
257 Giannini, Curzio & Monticelli, Carlo. Which target for
monetary policy is stage three?: issues in shaping of the
European payment system. 42p.
261 Detragiache, Enrica & Garella, Paolo G. Debt restructuring
with multiple creditors and the role of exchange offers.
45p.
263 Majnoni, Giovanni & Massa, Massimo. Share prices and
trading volume: indications of stock exchange efficiency.
63p.
262 Rossi, Nicola & Visco, Ignazio. National saving and social
security in Italy (1954-1993). 59p.
266 Angelini, Paolo. Are banks risk-averse?: a note on the
timing of operations in the interbank market. 33p.
264 Caruso, Massimo. Stock prices and money velocity: a
multi-country analysis. 63p.
268 Boldrin, M., Christiano, L.J. & Fisher, J.D.M. Asset
pricing lessons for modelling business cycles. 57p.
267 Rinaldi, Roberto & Tedeschi, Roberto. Money demand in
Italy: a system approach. 59p.
269 Rudebusch, Glenn D. Do measures of monetary policy in a VAR
make sense?. 34p.
PAGE 57
270 Sen, Amartya. Maximization and the act of choice. 62p.
272 Bertola, Guiseppe & Rogerson, Richard. Institutions and
labor reallocation. 30p.
278 Drudi, Francesco & Giordano, Raffaella. Real interet rates,
soverieign risk and optimal debt management. 47p.
276 Gaiotti, Eugenio & Nicoletti-Altimari, Sergio. Monetary
policy transmission, the exchange rate and long-term yields
under different hypotheses on expectations. 55p.
275 Guiso, Luigi & Jappelli, Tullio. Intergenerational
transfers, borrowing constraints and the timing of home
ownership. 74p.
273 Repullo, Rafael & Suarez, Javier. Monitoring, liquidation,
and security design. 44p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
349 Carrington, William J. & Troske, Kenneth R. Interfirm
segregation and the black/white wage gap. 52p.
343 Carrington, William J. & Troske, Kenneth R. On measuring
segregation in samples with small units. 24p.
350 Carroll, Christopher D. & Samwick, Andrew A. How important
is precautionary saving?. 55p.
351 Carroll, Christpher D. & Samwick, Andrew A. The nature of
precautionary wealth. 57p.
353 Ball, Laurence & Croushore, Dean. Expectations and the
effects of monetary policy. 32p.
345 Carroll, Christopher D. & Kimball, Miles S. On the
concavity of the consumption function. 13p.
342 Harrington, Joseph E. Durable goods monopoly with
uninformed consumers. 34p.
344 Harrington, Joseph E. & Hess, Gregory D. A spatial theory
of positive and negative campaigning. 27p.
352 Khan, M. Ali, Rath, Kali P. & Sun, Yeneng. On private
information games without pure strategy equilibria. 26p.
354 Karni, Edi & Safra, Zvi. Individual sense of justice and
social welfare functions. 31p.
356 Keane, Michael & Moffitt, Robert A. A structural model of
multiple welfare program participation and labor supply.
50p.
355 Moffitt, Robert A. & Gottschalk, Peter. Trends in the
autocovariance structure of earnings in the U.S.: 1969-1987.
47p.
357 Carroll, Christopher D., Overland, Jody & Weil, David N.
Saving and growth with habit formation. 34p.
360 de Lima, Pedro J.F. Nonlinearities and nonstationarities in
stock returns. 25p.
358 Harrington, Joseph E. An exploration into the social
evolution of adaptive and rigid behavior. 44p.
359 Khan, M. Ali & Sun, Yeneng. Non-cooperative games on
hyperfinite Loeb spaces. 38p.
362 Hamilton, Bruce W. & Burke, Mary. The Coase conjecture in
continuous time: imperfect durability, endogenous
durability, and aftermarkets. 38p.
361 Hamilton, Bruce W. & Macauley, Molly. Competition and car
longevity. 43p.
PAGE 58
363 Rajan, Ashvin V. Generic properties of the core and
equilibria of pure exchange economies. 17p.
364 Carrington, William J. & Troske, Kenneth R. Sex segregation
in U.S. manufacturing. 37p.
365 Zilcha, Itzhak. Altruism, economic growth and income
distribution. 20p.
368 Chiu, W. Henry & Karni, Edi. Endogenous adverse selection
and unemployment insurance. 23p.
366 Karni, Edi & Weymark, John A. An informationally
parsimonious impartial observer theorem. 11p.
367 Rajan, Ashvin V. A remark on the equilibrium set of pure
exchange economies. 8p.
371 Carroll, Christopher D. Buffer-stock saving and the life
cycle/permanent income hypothesis. 63p.
370 Foster, Dean & Young, Peyton. Learning with hazy beliefs.
29p.
369 Young, H. Peyton. Social coordination and social change.
29p.
372 Karni, Edi & Safra, Zvi. Social welfare functions with
nonlinear individual preferences. 12p.
374 Khan, M. Ali & Sun, Yeneng. Non-atomic games on Loeb
spaces. 10p.
373 Moffitt, Robert, Ribar, David & Wilhelm, Mark. The decline
of welfare benefits in the U.S.: the role of wage
inequality. 46p.
UNIVERSITY OF KANSAS. Department of Economics.
96-1 Lien, Da-Hsiang Donald. Utility regulation and futures
trading. 22p.
96-3 Gangadharan, Jaisri & Rosenbloom, Joshua L. The effects of
childbearing on married women's labor supply and earnings:
using twin births as a natural experiment. 22p.
96-2 Lien, Donald & Wilson, Bradley K. Multiperiod hedging in
the presence of stochastic volatility. 18p.
96-5 Rosenbloom, Joshua L. The extent of the labor market in the
United States, 1850-1914. 29p.
96-4 Rosenbloom, Joshua L. Strikebreaking and the labor market
in the United States, 1881-1894. 31p.
LA TROBE UNIVERSITY. Department of Economics.
9526 Bardsley, Peter. Simplifying the tax law: some implications
for small business. 19p.
9527 Bardsley, Peter & Olekalns, Nilss. Wool price variability
in the long run. 11p.
9518 Choe, Chongwoo. Contract design and costly verification
games. 19p.
9522 Clarke, Harry. Optimal depletion when development makes an
unused resource stock more valuable. 24p.
9525 Herath, Gamini. Ecotourism development in Australia: some
relevant issues. 21p.
9524 Konya, Laszlo. Output and employment in Australia:
1959-1992: a clay-clay approach. 30p.
PAGE 59
9523 Yin, Xiangkang & Ng, Yew-Kwang. Quantity precommitment and
Bertrand competition yield Cournot outcomes: a case with
product differentiation. 12p.
9528 Aiken, M. & McCrae, M. A financial accountability spectrum:
theoretical justification of constitutional compliance
through inductive discl. 38p.
9531 Choe, Chongwoo. Auditor's legal liability and optimal audit
arrangement: a critical review and an expository theory.
33p.
9529 Edirisuriya, P. Telecommunications and economic growth:
empirical evidence from ASEAN countries. 28p.
9533 Silvapulle, Param. A Lagrange multiplier test for seasonal
fractional integration. 13p.
9532 Silvapulle, Param. Testing stationary nonnested short
memory against long memory processes. 15p.
9534 Silvapulle, Param. Unit root tests and structural breaks.
16p.
9530 Silvapulle, Param & Podivinsky, Jan M. The effect of
non-normal disturbances and conditional heteroskedasticity
on multiple cointegration tests. 18p.
9602 Bardsley, Peter & Olekalns, Nilss. Wool price variability
in the long run. 11p.
9605 Beg, Rabiul Alam & Silvapulle, Param. Testing for
nonlinearity in time series models. 14p.
9607 Choi, Jong-Seo & Choe, Chongwoo. Explanatory factors for
trading volume responses to annual earnings announcements:
evidence from the Korean stock m. 43p.
9603 Herath, Gamini & Jayasuriya, Sisira. Risk aversion,
information and adoption of HYV technology in Asian
countries: the role of concessionary credit revi. 24p.
9604 Hewarathna, Ramya & Silvapulle, Param. An empirical
investigation on the relationships among real, monetary, and
financial variables: Australian evidence. 24p.
9606 King, Stephen P. & Maddock, Rodney. Competititon and almost
essential facilities: making the right policy choices. 14p.
9601 Silvapulle, Param. A score test for seasonal fractional
integration and cointegration. 22p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9511 von Ungern-Sternberg, Thomas. The limits of competition:
housing insurance in Switzerland. 9p.
9510 von Ungern-Sternberg, Thomas. Running down non-profit
organisations: the case of the Journal of Industrial
Economics. 8p.
9601 von Ungern-Sternberg, Thomas. The Swiss national bank and
seignorage. 22p.
9602 Degryse, Hans. The total cost of trading Belgian shares:
Brussels vs. London. 31p.
9607 Lambelet, Jean-Christian. Currency fluctuations vs.
interest and inflation differentials: does the double
equality hold?. 39p.
9604 von Thadden, Ernst-Ludwig. Optimal liquidity provision and
dynamic incentive compatibility. 32p.
PAGE 60
9606 von Thadden, Ernst-Ludwig. The term structure of investment
and the banks' insurance function. 25p.
9605 von Ungern-Sternberg, Thomas. Managerial compensation
schemes with informed principals. 16p.
9603 Hechler, Nannette. Environmental quality and economic
development. 38p.
9612 Bacchetta, Philippe & Caminal, Ramon. Do capital market
imperfections exacerbate output fluctuations?. 31p.
9613 Irmen, Andreas & Thisse, Jacques F. Competition in
multi-characteristics spaces: Hotelling was almost right.
36p.
9609 Neven, Damien & von Ungern-Sternberg, Thomas. Competition
policy in Switzerland. 49p.
9611 Neven, Damien & von Ungern-Sternberg, Thomas. Swiss
competition policy in the last decade. 29p.
9616 Abul Naga, Ramses H. Prediction and sufficiency in the
model of factor analysis. 28p.
9614 Degryse, Hans & Irmen, Andreas. R & D decisions when
quality and variety interact. 29p.
9617 Irmen, Andreas. Precommitment in competing vertical chains.
44p.
9615 Neven, Damien & Wyplosz, Charles. Relative prices, trade
and restructuring in European industry. 30p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
224 Bhattacharya, Sudipto & Padilla, A. Jorge. Dynamic banking:
a reconsideration. 52p.
220 Burkhart, Mike, Gromb, Denis & Panunzi, Fausto. Large
shareholders, monitoring and the value of the firm. 35p.
221 Burkhart, Mike, Gromb, Denis & Panunzi, Fausto. Why higher
takeover premia protect minority shareholders: tender offers
when dilution is endogenous. 49p.
222 Goodhart, Charles A.E. & Huang, Haizhou. What is the
central bank's game?. 45p.
223 Huang, Haizhou & Padilla, A. Jorge. Fiscal policy and the
sub-optimality of the Walsh contract for central bankers.
26p.
226 Rady, Sven. Option pricing with a quadratic diffusion term.
20p.
225 Roell, Ailsa. The decision to go public: an overview. 14p.
227 Chen, Zhaohui & Huang, Haizhou. Investment trap. 27p.
228 de Meza, David & Webb, David. Entrepreneurial wealth, the
level of investment and credit policy. 27p.
229 Hart, Oliver & Moore, John. The governance of exchanges:
members' co-operatives versus outside ownership. 40p.
237 Bhattacharya, Sudipto, Fulghieri, Paolo & Rovelli, Riccardo.
Turnpike banking: only the meek shall inherit the earth.
53p.
231 Cerasi, Vittoria & Daltung, Sonja. The optimal size of a
bank: costs and benefits of diversification. 39p.
241 Espenlaub, Susanne. IPO signalling of initial owners'
private benefits of control. 47p.
233 Evans, Martin D.D. Dividend variability and stock market
swings. 47p.
PAGE 61
235 Frantz, Pascal. Auditor's skill, auditing standards,
litigation, and audit quality. 41p.
236 Grimaud, Antoine F. The regulation of predatory firms.
35p.
232 Hartmann, Philipp. Trading volunes and transaction costs in
the foreign market: evidence from daily dollar-yen spot
data. 23p.
230 Mella-Barral, Pierre. The dynamics of corporate debt
forgiveness and contract renegotiation. 28p.
234 Ortalo-Magne, Francois. Asset price fluctuations in an
overlapping generations economy: do collateral constraints
matter?. 45p.
238 Payne, Richard. Announcement effects and seasonality in the
intra-day foreign exchange market. 48p.
240 Povel, Paul. Optimal `soft' or `tough' bankruptcy
procedures. 35p.
239 Schoenmaker, Dirk. Contagion risk in banking. 24p.
242 Snell, Andy & Tonks, Ian. Using time series methods to
assess information and inventory effects in a dealer market
in illiquid stocks. 43p.
249 Bolton, Patrick & von Thadden, Ernst-Ludwig. Blocks,
liquidity and corporate control. 30p.
247 Clark, Peter B., Goodhart, Charles A.E. & Huang, Haizhou.
Optimal monetary policy rules in a rational expectations
model of the Phillips curve. 50p.
250 Mella-Barral, Pierre & Tychon, Pierre. Default risk in
asset pricing. 19p.
248 Sandmann, G. & Koopman, S.J. Maximum likelihood estimation
of stochastic volatility models. 40p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
293 d'Aspremont, Claude, Bhattacharya, Sudipto & Gerard-Varet,
Louis-Andre. Bargaining and sharing knowledge. 48p.
292 Hart, Oliver & Moore, John. The governance of exchanges:
members co-operatives versus outside ownership. 40p.
308 Chemla, Gilles. Competition, investment and vertical
integration. 30p.
297 Foldes, Lucien. The optimal consumption function in a
Brownian model of accumulation, part a: the consumption
function as solution . 26p.
302 Horsley, Anthony & Wrobel, Andrzej J. Comparative statics
for a partial equilibrium model of investment with Wicksell
complementary capital inputs. 16p.
301 Horsley, Anthony & Wrobel, Andrzej J. Efficiency rents of
storage plants in peak-load pricing, I: pumped storage.
82p.
300 Horsley, Anthony & Wrobel, Andrzej J. Uninterruptible
consumption, concentrated charges and equilibrium in the
commodity space of continuous functions. 58p.
299 Horsley, Anthony & Wrobel, Andrzej J. The Wong-Viner
envelope theorem for nonsmooth joint costs, rental valuation
and the short-term approach to long-run. 78p.
298 Roberts, Kevin. The Le Chatelier principle can be
`expected' to hold globally: implications of rationality in
constrained and uncon. 26p.
PAGE 62
305 Datta, Saikat. Building trust. 36p.
304 Datta, Saikat. On connections between renegotiation proof
sets of long finitely and infinitely repeated games with low
discounting. 48p.
303 Felli, Leonardo. Preventing collusion through discretion.
45p.
310 Foldes, Lucien. The optimal consumption function in a
Brownian model of accumulation part b: existence of
solutions of boundary val. 73p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
11/95 Booth, alison L. & Zoega, Gylfi. Quitting externalities
with uncertainty about future productivity. 22p.
3/96 Daripa, Arupratan. Equilibrium in contracts with competing
agencies. 24p.
12/95 Lindbeck, Assar & Snower, Dennis J. Restructuring
production and work. 42p.
2/96 Psaradakis, Zacharias. Testing for unit roots in time
series with nearly deterministic seasonal variation. 28p.
1/96 Snower, Dennis J. Unemployment benefits: an assessment of
proposals for reform. 40p.
4/96 Orszag, J. Michael & Snower, Dennis J. The continuum
approach to unemployment policy: an overview. 16p.
5/96 Orszag, J. Michael & Snower, Dennis J. A macro theory of
employment vouchers. 31p.
6/96 Ravn, Morten O. & Sola, Martin. A reconsideration of the
empirical evidence on the asymmetric effects of money supply
shocks: positive vs. negative. 32p.
7/96 Wall, Howard J. Pro-competitive tariffs. 23p.
10/96 Coakley, Jerry, Kulasi, Farida & Smith, Ron. Saving,
investment and capital mobility in LDCs. 23p.
11/96 Diaz, M. Pilar & Snower, Dennis J. Employment,
macroeconomic fluctuations and job security. 29p.
8/96 Ha, Jiming & Sibert, Anne. Strategic capital taxation in
large open economies with mobile capital. 38p.
9/96 Liu, Lihong & Sibert, Anne. Government finance with
currency substitution. 28p.
12/96 Orszag, J. Michael. A cobweb model with local
externalities. 15p.
15/96 Chen, Yu-Fu & Zoega, Gylfi. How effective are firing
costs?. 22p.
13/96 Karanasos, Menelaos. A new method for obtaining the
autocovariance of an ARMA model: an exact-form solution.
23p.
14/96 Manzini, Paola & Snower, Dennis J. On the foundations of
wage bargaining. 41p.
16/96 Orszag, J. Michael & Zoega, Gylfi. Wages ahead of demand.
8p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Papers in Financial Economics.
8/95 Psaradakis, Zacharias & Sola, Martin. Finite-sample
properties of the maximum likelihood estimator in
autoregressive models with Markov switching. 23p.
PAGE 63
UNIV. OF LONDON-BIRKBECK COLLEGE. Inst. for Financial Research.
11 Daripa, Arupratan. Market allocation and the impossibility
of provision of costly information. 20p.
6 Daripa, Arupratan. A theory of Treasury auctions. 48p.
13 Hansch, Oliver & Neuberger, Anthony. Strategic trading by
market makers on the London Stock Exchange. 27p.
12 Hansch, Oliver, Naik, Narayan Y. & Viswanathan, S. Do
inventories matter in dealership markets?: evidence from the
London Stock Exchange. 52p.
8 Instefjord, Norvald. Information, liquidity, and capital
structure. 32p.
9 Instefjord, Norvald. Market transparency, immediacy and
financial intermediation. 36p.
5 Instefjord, Norvald. Renegotiation and corporate financing
policy. 36p.
1 Jackson, Patricia, Maude, David J. & Perraudin, William.
Capital requirements and value-at-risk analysis. 35p.
4 Lambrecht, Bart & Perraudin, William. Creditor races and
contingent claims. 15p.
3 Lambrecht, Bart, Perraudin, William & Satchell, Stephen.
Mortgage default and repossession. 31p.
2 Perraudin, William & Sibert, Anne. The timing of reform.
33p.
7 Satchell, Stephen E. & Christodoulakis, George A. The
simulation of option prices with application to LIFFE
options on futures. 30p.
10 Sorensen, Bent & Perraudin, William. Modelling exchange
rates in continuous time: estimation and option pricing.
39p.
14 Spencer, Peter D. Intertemporal substitution, time
preference and portfolio hedging behavior in a continuous
time stochastic model of. 43p.
17 Cathcart, Lara & Perraudin, William. Interest rate setting
in floating rate mortgage markets. 25p.
15 Daripa, Arupratan. Multi-unit auctions under proprietary
information: informational free rides and revenue banking.
24p.
18 Kenc, Turalay & Perraudin, William. Pension systems in
Europe: a general equilibrium study. 41p.
16 Lambrecht, Bart, Perraudin, William & Satchell, Stephen.
Time to default in the U.K. mortgage market. 22p.
21 El-Jahel, Lina, Lindberg, Hans & Perraudin, William.
Interest rate distributions, yield curve modelling and
monetary policy. 39p.
19 Instefjord, Norvald. Financial innovation and delegation of
control. 34p.
20 Satchell, Stephen E. Lower partial moment capital asset
pricing models: a re-examination. 14p.
23 El-Jahel, Lina, Lindberg, Hans & Perraudin, William. Yield
curves with jump short rates. 33p.
24 Marin, Jose M. & Rahi, Rohit. Information revelation and
market incompleteness. 31p.
PAGE 64
22 Satchell, Stephen & Shin, Yongcheol. Forecasting single and
multiple hazards: the use of the Weibull distribution with
application to arrears mortgages . 22p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9521 Blundell, Richard & Stoker, Thomas. Consumption and the
timing of income risk. 43p.
9520 Dearden, Lorraine, Martin, Stephen & Reed, Howard.
Intergenerational mobility in Britain. 42p.
9602 Dustmann, Christian. An economic analysis of return
migration. 24p.
9604 Kollmann, Robert. Fiscal policy, productivity shocks and
the United States trade balance deficit. 39p.
9603 Kollmann, Robert. Incomplete asset markets and the
cross-country consumption correlation puzzle. 24p.
9601 Kuypers, Tim. The beautiful game?: an econometric study of
why people watch English football. 38p.
9605 Vulkan, Nir. An economist's perspective on probability
matching: a survey. 20p.
9618 Agastya, Murali. Adaptive play in multiplayer bargaining
situations. 24p.
9612 Agastya, Murali. Choosing among bargaining situations.
11p.
9613 Binmore, Ken, et al. Hard bargains and lost opportunities.
34p.
9607 Blundell, Richard & Preston, Ian. Consumption inequality
and income uncertainty. 24p.
9614 Cabrales, Antonio & Hoshi, Takeo. Heterogeneous beliefs,
wealth accumulation and asset price dynamics. 40p.
9606 Chick, Victoria. Keynes' theory of investment and necessary
compromise. 18p.
9609 Chick, Victoria. The monetary theory of Keynes and the post
Keynesians. 19p.
9608 Chick, Victoria & Dow, Sheila. Regulation and differences
in financial institutions. 10p.
9610 Pemberton, Malcolm & Ulph, David. Measuring national income
and measuring sustainability. 32p.
9617 Siandra, Eduardo. International risk-sharing, dynamic
efficiency and pay-as-you-go. 20p.
9616 Siandra, Eduardo. Partnerships, search and money. 28p.
9611 Vaughan, Richard. Evolutive equilibrium selection I:
symmetric two player binary choice games. 33p.
9615 Verry, Donald & Araujo, Tarcisio. Dualism in Brazilian
metropolitan labour markets. 41p.
9621 Dustmann, Christian. Temporary migration, human capital and
language fluency of migrants. 27p.
9619 Dustmann, Christian, Rajah, Najma & van Soest, Arthur.
Part-time work, school success and school leaving. 34p.
9622 Ponti, Giovanni. Cycles of learning in the centipede game.
24p.
9620 Rota, Paula. Testing (S,s) rules in labour demand: ordered
vs. multinomial probit. 36p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9550 Chander, Parkash & Tulkens, Henry. The core of an economy
with multilateral environmental externalities. 23p.
PAGE 65
9554 Cremer, Helmuth & Pestieau, Pierre. Redistributive taxation
and social insurance. 16p.
9546 Crettez, Bertrand, Michel, Philippe & Vidal, Jean-Pierre.
Time preference and labour migration in an OLG model with
land and capital. 14p.
9549 Deschamps, Philippe J. Full sample maximum likelihood
estimation of dynamic demand models. 36p.
9548 De Wold, Olivier & Forges, Francoise. On strategic
equilibria and rational choice. 12p.
9552 Dhillon, Amrita. Extended Paretian rules and relative
utilitarianism. 36p.
9558 Dutta, Jayasri & Michel, Philippe. The distribution of
wealth with imperfect altruism. 24p.
9555 Eeckhoudt, Louis & Zenou, Yves. Bid rents under
unemployment risk: delayed versus timeless uncertainty.
23p.
9551 Gabszewicz, Jean J. & Poddar, Sougata. Demand fluctuations
and capacity utilization under duopoly. 18p.
9556 Germain, Marc, Toint, Philippe L. & Tulkens, Henry.
International negotiations on acid rains in Northern Europe:
a discrete time iterative process. 20p.
9557 Heifetz, Aviad. Infinitary S5-epistemic logic. 14p.
9560 Kneip, Alois & Simar, Leopold. A general framework for
frontier estimation with panel data. 31p.
9559 Michel, Philippe, Pestieau, Pierre & Vidal, Jean-Pierre.
Labor mobility and redistribution with evolving altruism:
the small economy case. 14p.
9561 Simar, Leopold. Aspects of statistical analysis in DEA-type
frontier models. 13p.
9553 Vannetelbosch, Vincent J. Two-person sequential bargaining
with boundedly rational players. 25p.
9547 Vera, Jorge R. Ill-posedness and quadratic programming:
stability and complexity issues. 30p.
9575 Ceria, Sebastian, et al. Cutting planes for integer
programs with general integer variables. 23p.
9566 Cremer, Helmuth, et al. Mobility and redistribution: a
survey. 28p.
9564 DeWinne, Rudy. The discretization bias for processes of the
short-term interest rate: an empirical analysis. 26p.
9563 Fujita, Masahisa, Thisse, Jacques-Francois & Zenou, Yves.
On the endogenous formation of secondary employment centers
in a city. 29p.
9569 Ghysels, Eric, Harvey, Andrew & Renault, Eric. Stochastic
volatility. 70p.
9570 Klein Haneveld, Willem, Stougie, Leen & van der Vlerk,
Maarten H. On the convex hull of the composition of a
separable and a linear function. 11p.
9572 Magill, Michael & Quinzii, Martine. Which improves welfare
more: nominal or indexed bond?. 43p.
9565 Maret, Isabelle. Distribution of demand behavior and the
golden rule stationary state. 28p.
9573 Modica, Salvatore, Rustichini, Aldo & Tallon, Jean-Marc. A
model of general equilibrium with unforseen contingencies.
35p.
PAGE 66
9568 Moner Colonques, Rafael. Cost uncertainty and trade
liberalization in international oligopoly. 24p.
9567 Nesterov, Yurii. Infeasible start interior point
primal-dual methods in nonlinear programming. 34p.
9562 Schultz, Rudiger, Stougie, Leen & van der Vlerk, Maarten H.
Solving stochastic programs with complete integer recourse:
a framework using Grobner bases. 25p.
9574 Turrini, Alessandro. Trade policy and wages when firms can
delocalize production. 16p.
9571 Wilson, Paul W. & Simar, Leopold. Bootstrap estimation for
nonparametric efficiency. 34p.
9609 Belvaux, Gaetan, et al. Optimal placement of add/drop
multiplexers: static and dynamic models. 17p.
9614 Chevalier, Philippe B. Quality improvement through
inspection. 22p.
9612 d'Aspremont, Claude, Bhattacharya, Sudipto & Gerard-Varet,
Louis-Andre. Bargaining and sharing knowledge. 48p.
9624 Donati, Paola. Two roles for monetary policy when the asset
market is incomplete and information is asymmetric. 36p.
9576 Dutta, Jayasri & Morris, Stephen. The revelation of
information and self-fulfilling beliefs. 15p.
9604 El Babsiri, Mohamed & Zakoian, Jean-Michael.
Contemporaneous asymmetry in weak GARCH processes. 48p.
9607 Ginsburgh, Victor & Weber, Shlomo. Product lines and price
discrimination in the European car market. 15p.
9579 Heifetz, Aviad & Polemarchakis, Heracles M. Partial
revelation with rational expectations. 21p.
9603 Herings, P. Jean-Jacques. An extremely simple proof of the
K-K-M-S theorem. 7p.
9602 Jouvet, Pierre-Andre. Equivalence between labour managed
economy and capitalist economy and firms' indivisibility.
8p.
9619 Justel, Ana & Pena, Daniel. Bayesian unmasking in linear
models. 30p.
9601 Keen, Michael & Marchand, Maurice. Fiscal competition and
the pattern of public spending. 23p.
9606 Lejeune, Barnard. A full heteroscedastic one-way error
components model for incomplete panel: maximum likelihood
estimation and Lagra. 28p.
9623 Marini, Marco. Property rights and market: employee
privatization as a cooperative bargaining process. 35p.
9608 Mongin, Phillippe. A note on mixture sets in decision
theory. 9p.
9617 Ray, Indrajit. A remark on the consistency principle for
games in strategic form. 9p.
9618 Smith, Tony E. & Zenou, Yves. Dual labor markets, urban
unemployment and multicentric cities. 49p.
9613 van den AKker, Janna M. & van de Velde, Steef L. Parallel
machine scheduling by column generation. 20p.
9616 van den Akker, Janna M., Hurkens, C.A.J. & Savelsbergh,
Martin W.P. A time-indexed formulation for single machine
scheduling problems: branch and cut. 31p.
9577 Ventura, Luigi. Can irrelevant product differentiation
matter?. 21p.
PAGE 67
9610 Wang, Yaoguang. Linear programming solvable location
problems on networks. 26p.
9615 Wauthy, Xavier & Zenou, Yves. How imperfect competition in
the labor market affects long-term unemployment policies.
32p.
9621 Wei, Jing-Yuan & Smeers, Yves. Procedures for computing
equilibria of the oligopoly expansion game under
predetermined multiperiod pricings, pt.I:. 27p.
9622 Wei, Jing-Yuan & Smeers, Yves. Procedures for computing
equilibria of the oilgopoly expansion game under
predetermined multiperiod pricings, pt.II. 23p.
9620 Wei, Jing-Yuan & Smeers, Yves. Spatially oligopolistic
models with Cournot producers and regulated transportation
prices. 31p.
9611 Zhou, Lin. Bayesian utilitarianism. 15p.
9605 Zhou, Lin. Integral representation of continuous
comonotonically additive functionals. 17p.
9529 Hara, Chiaki. Marginal rates of substitution for
uninsurable risks with constrained-efficient asset
structures. 39p.
MACQUARIE UNIVERSITY. Department of Economics.
15/95 Freedman, Craig. No end to Means: George Stigler's profit
motive. 36p.
16/95 Matthews, Kathryn. The extent, patterns and determinants of
intra-industry trade between Australia and other
Asia-Pacific countries. 27p.
13/95 Sinha, Dipendra. An aggregate import demand function for
Greece: a cointegration approach. 17p.
14/95 Turnell, Sean. Butter for guns: F.L. McDougall, nutrition
and economic appeasement. 23p.
19/95 Horne, Jocelyn. APEC, East Asia and Eastern Europe trade
linkages and issues. 27p.
17/95 O'Donnell, Rod. The genesis of the only diagram in the
"General Theory". 17p.
18/95 Abelson, Peter. Sydney's future: an economic approach.
21p.
1/96 Heaton, Chris. Public expenditure and private investment:
crowding-in and q-complementarity. 22p.
3/96 Oslington, Paul. Dual representation of the specific
factors model in international trade theory. 9p.
2/96 Oslington, Paul. Factor price equalisation and trade
patterns with unemployment. 16p.
5/96 Freedman, Craig. Countervailing egos: Stigler vs.
Galbraith. 38p.
4/96 Turnell, Sean. Proto-Keynesian undercurrents in Australia's
external economic policy of the inter-war years: the
"Sheltered Market. 26p.
UNIVERSITY OF MARYLAND. Center for International Economics.
18 Bartolini, Leonardo & Drazen, Allan. When liberalization
reflects external shocks, what do we learn?. 32p.
PAGE 68
22 Bhagwati, Jagdish & Panagariya, Arvind. Preferential
trading areas and multilateralism: strangers, friends or
foes?. 90p.
23 Calvo, Guillermo A. Capital flows and macroeconomic
management: tequila lessons. 22p.
24 Calvo, Guillermo A. & Goldstein, Morris. Crisis prevention
and crisis management after Mexico: what role for the
official sector?. 90p.
20 Calvo, Guillermo A. & Mendoza, Enrique G. Mexico's balance
of payments crisis: a chronicle of a death foretold. 53p.
19 Drazen, Allan. Policy signalling in the open economy: a
reexamination. 30p.
17 Kaminsky, Graciela L. & Reinhart, Carmen M. The twin
crises: the causes of banking and balance of payments
problems. 31p.
21 Panagariya, Arvind. The Meade model of preferential
trading: history, analytics and policy implications. 45p.
26 Drazen, Allan. Towards a political economy theory of
domestic debt. 26p.
25 Mendoza, Enrique G. & Uribe, Martin. The syndrome of
exchange rate based stabilizations and the uncertain
duration of currency pegs. 46p.
UNIVERSITY OF MARYLAND. Department of Economics.
9515 Gleason, Suzanne. The determinants of male/female survival
in India: theory and evidence. 46p.
9514 Kelejian, Harry H. & Robinson, Dennis P. A suggested test
for spatial autocorrelation and/or heteroskedasticity and
corresponding Monte Carlo results. 36p.
9602 Oates, Wallace E. The invisible hand in the public sector:
interjurisdictional competition in theory and practice.
34p.
9601 Oates, Wallace E. Taxation in a federal system: the
tax-assignment problem. 32p.
9604 Betancourt, Roger & Gautschi, David. The nature of service
institutions: welfare enhancing constraints and primitive
economic activities. 36p.
9603 Binder, Michael & Pesaran, M. Hashem. Stochastic growth.
55p.
9606 Hoff, Karla & Lyon, Andrew B. Can technological progress
lower incomes?: new results on lemons models. 13p.
9605 Kranton, Rachel E. & Swamy, Anand V. The hazards of
piecemeal institutional reform: an analysis of British civil
courts in colonial Africa. 49p.
9607 Ausubel, Lawrence M. & Cramton, Peter C. Demand reduction
and inefficiency in multi-unit auctions. 39p.
9608 Binder, Michael & Pesaran, M. Hashem. Multivariate linear
rational expectations models: characterization of the nature
of the solutions and their fully r. 15p.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Department of Economics.
96-8 Acemoglu, Daron & Zilibotti, Fabrizio. Agency costs in the
process of development. 39p.
PAGE 69
96-5 Acemoglu, Daron & Verdier, Thierry. Property rights,
corruption and the allocation of talent: a general
equilibrium approach. 34p.
96-7 Acemoglu, Daron & Pischki, Jorn-Steffen. Why do firms
train?: theory and evidence. 49p.
96-1 Athey, Susan. Characterizing properties of stochastic
objective functions. 57p.
96-3 Chevalier, Judith & Ellison, Glenn. Risk taking by mutual
funds as a response to incentives. 53p.
9527 Eckaus, Richard S. Is it beautiful to be small, or is it a
burden?. 40p.
96-4 Ellison, Glenn. Basins of attraction, long run equilibria,
and the speed of step-by-step evolution. 44p.
96-2 Poterba, James M. & Samwick, Andrew A. Stock ownership
patterns, stock market fluctuations, and consumption. 79p.
96-6 Smith, Lones. On the irrelevance of trade timing. 13p.
9615 Acemoglu, Daron. Changes in unemployment and wage
inequality: an alternative theory and some evidence. 48p.
9616 Bai, Jushan. An inequality for vector-valued martingales
and its applications. 12p.
9613 Bai, Jushan. A note on spurious break and regime shift in a
cointegrated relationship. 12p.
9610 Bernard, Andrew & Wagner, Joachim. Exports and success in
German manufacturing. 30p.
9614 Caballero, Ricardo J. & Leahy, John V. Fixed costs: the
demise of marginal q. 19p.
9611 Caselli, Francesco & Ventura, Jaume. A representative
consumer theory of distribution. 39p.
9612 DiNardo, John E. & Pischke, Jorn-Steffen. The returns to
computer use revisted: have pencils changed the wage
structure too?. 30p.
9618 Kremer, Michael. How much does sorting increase
inequality?. 37p.
9617 Kremer, Michael & Morcom, Charles. Elephants. 74p.
96-9 Smith, Lones & Sorensen, Peter. Informational herding as
experimentation deja vu. 15p.
9619 Smith, Lones & Sorensen, Peter. Pathological outcomes of
observational learning. 47p.
UNIVERSITY OF MELBOURNE. Department of Economics.
491 Bakker, Alexander. The least squares frequency estimator of
the generalized exponential family of densities: inference &
Monte Carlo... 24p.
494 Borland, Jeff. Education and the structure of earnings in
Australia. 38p.
492 Cornwell, Antonia & Creedy, John. Measuring the welfare
effects of tax changes using the LES: an application to a
carbon tax. 27p.
490 Dixon, Robert. Empirical estimates of the social cost of
monopoly: a brief survey. 29p.
489 Ferrier, Gary D. & Hirschberg, Joseph G. Bootstraping
confidence intervals for linear programming efficiency
scores with an illustration using Italian data. 21p.
PAGE 70
493 Gunther, Alan. An outline of Australian government policy
towards foreign investment in Australia from 1976 to the
present. 50p.
496 Hurn, A. Stan, Lindsay, K.A. & Michie, C.A. Modelling the
lifespan of human t lymphocyte subsets. 10p.
495 McDonald, James T. The composition of industrial action in
Australian mining and manufacturing. 41p.
488 Worswick, Christopher. The labour market adjustment of
immigrant families. 32p.
499 Bakker, Alexander. Extensions of the generalized least
squares frequency estimator. 19p.
497 Henry, O.T.J. A variance decomposition for the excess
return on Australian stocks. 12p.
500 Lye, J.N. & McDonald, I.M. Trade unions and the equilibrium
rate of unemployment. 23p.
498 MacLaren, Donald. Uncertainty aversion and technical
barriers to trade: an Australian example. 23p.
503 Atkinson, M.E. & Creedy, John. The choice of early
retirement age and the Australian superannuation system.
42p.
501 Dixon, Robert. Keynes' macro theory of profits. 12p.
502 Hurn, A.S. & Lindsay, K.A. Time series evidence of global
warming. 13p.
507 Alden, Dave. Markets in natural heritage health management.
15p.
506 Hirschberg, Joseph G. Modelling time of day substitution
using the second moments of demand. 21p.
505 Lim, Guay C. & McNelis, Paul D. Stock price fluctuations in
Australia: the influence of Japanese and U.S. markets. 31p.
504 Worswick, Christopher. Immigrant families in the Canadian
labour market. 29p.
509 Alvarado, Jose & Creedy, John. Social expenditure
projections for Australia: supplementary data. 29p.
510 Bakker, Alex. The stationary distribution of an autonomous
Ito process. 23p.
514 Borland, Jeff, Hirschberg, Joe & Lye, Jenny. Earnings of
public sector and private sector employees in Australia: is
there a difference?. 66p.
512 Cardak, Buly. Distributional implications of public and
private investment in human capital: a comparative analysis.
29p.
511 Creedy, John. Income dynamics over the life cycle: new
evidence for New Zealand. 36p.
515 Gillman, Max, Siklos, Pierre L. & Silver, J. Lew. Money
velocity with costly credit. 36p.
513 Hyde, Charles E. On the existence of haggling and posted
prices in the presence of shoppers. 23p.
518 Agenor, Pierre R., et al. Consumption smoothing and the
current account: evidence from France, 1970-94. 18p.
520 Creedy, John. Poverty and inequality comparisons of
alternative tax structures. 29p.
522 Dixon, Robert. Apparent asymmtries in the relationship
between the participation rate and the employment rate in
Australia. 12p.
PAGE 71
519 Gillman, Max. Optimality of exchange credit restrictions.
33p.
516 Gillman, Max. Price stability as optimal policy: costly
nominal adjustment in general equilibrium. 32p.
517 Hyde, Charles E. & Perloff, Jeffrey M. Multimarket power
estimation: the Australian retail meat sector. 25p.
523 McDonald, James T. & Worswick, Christopher. Unemployment
incidence of immigrants over the business cycle. 26p.
521 Pagan, Adrian R. & Martin, Vance L. Simulation estimation
of some factor models in econometrics. 39p.
508 Amiel, Yoram, Creedy, John & Hurn, Stan. Measuring
inequality aversion. 14p.
528 Alden, David M., Proops, John L.R. & Gay, Phillip W.
Industrial hemp's double dividend: a study for the USA.
26p.
524 Bakker, Alexander. The changing distribution of income with
age: estimates of the exponential family using grouped data.
28p.
525 Dixon, Robert & Gunther, Alan. Estimates of the cost of
monopoly in Australian manufacturing. 35p.
526 Guests, Ross S. & McDonald, Ian M. The socially optimal
level of saving in Australia, 1960-61 to 1994-95. 51p.
530 Lyne, J.N., McDonald, I.M. & Sibly, H. Insiders, non-market
activity and unemployment. 39p.
527 Stemp, Peter J. & Scarth, William M. Zero inflation
targets: central bank commitment and fiscal policy outcomes.
15p.
529 McDonald, Ian M. A Kaldorian model of the trade cycle.
51p.
531 Olekalns, Nilss & Wilkins, Nigel. Re-examining the evidence
for long-run purchasing power parity. 9p.
533 Cashin, Paul & McDermott, C. John. Are Australia's current
account deficits excessive?. 24p.
535 Creedy, John. Poverty, labour supply and welfare when
utility depends on a poverty level. 25p.
534 Johnston, C.G., James, R.H. & McDonald, I.M. An evaluation
of the effectivesness of collaborative problem-solving for
learning economics. 29p.
536 Creedy, John. Measuring the welfare effects of price
changes: a convenient parametric approach. 34p.
537 Creedy, John & Van de Ven, Justin. The distributional
effects of inflation in Australia, 1980-1995. 17p.
538 Olekalns, Nilss. Australian evidence on tax smoothing and
the optimal budget surplus. 23p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9504 Baier, Scott L. Optimal monetary policy in a two country
sluggish cash flow model with fixed and flexible exchange
rates. 40p.
9505 Linz, Susan J. Job rights in Russian firms: endangered or
extinct institution?. 44p.
9507 Creane, Anthony. Trade policy for when ignorance is bliss.
22p.
PAGE 72
9506 Gardecki, Rosella & Neumark, David. Order from chaos: the
effects of early labor market experience on adult labor
market outcomes. 45p.
9508 Glomm, Gerhard & Ravikumar, B. Vouchers, public and private
education, and income distribution. 29p.
9509 Linz, Susan J. Russian firms in transition: champions,
challengers, and chaff. 35p.
9510 Glomm, Gerhard & Ravikumar, B. Flat-rate taxes, government
spending on education, and growth. 22p.
9511 Baillie, Richard T. & Osterberg, William P. Central bank
intervention and risk in the forward premium. 20p.
9601 Creane, Anthony. Quality control and pricing. 21p.
9600 Im, Kyung So, et al. Efficient estimation of panel data
models with strictly exogenous explanatory variables. 39p.
UNIVERSITA DEGLI STUDI DI MILANO. Dipt. Econ. Politica e Aziendale.
9511 Brunello, Giorgio & Checchi, Daniele. Does imitation help?:
forty years of wage determination in the Italian private
sector. 35p.
9509 Florio, Massimo. Tax neutrality in the King-Fullerton
framework, investment externalities, and growth. 41p.
9513 Navaretti, Giorgio B. & Bigano, Andrea. R & D inter-firm
agreements in developing countries: where? why? how?. 45p.
9602 Barba Navaretti, Giorgio, Soloaga, Isidro & Takacs, Wendy.
Bargains rejected?: developing country trade policy on used
equipment. 14p.
9604 Cerasi, Vittoria. An empirical analysis of banking
concentration. 20p.
9603 Checchi, Daniele & Corneo, Giacomo. Social custom and
strategic effects in trade union membership: Italy
1951-1993. 23p.
UNIVERSITY OF MINNESOTA. Center for Economic Research.
286 Carranza, Luis. Credit imperfections, inequality and
economic growth. 48p.
285 Cavalcanti, Ricardo de O. Capital-gains taxation in applied
general equilibrium. 46p.
287 Jeong, Byeongju. How important is uncertainty in accounting
for differences in investment and output across countries?.
59p.
288 Gjerstad, Steven. Multiple equilibria in exchange economies
with homothetic, nearly identical preferences. 26p.
291 Imrohoroglu, Ayse, Merlo, Antonio & Rupert, Peter. On the
political economy of income redistribution and crime. 38p.
290 Marshall, Robert C. & Merlo, Antonio. Pattern bargaining.
45p.
289 McLennan, Andrew. Consequences of the Condorcet Jury
Theorem for beneficial information aggregation by rational
agents. 8p.
293 Caucutt, Elizabeth M. Peer group effects in applied general
equilibrium. 53p.
291 Imrohoroglu, Ayse, Merlo, Antonio & Rupert, Peter. On the
political economy of income redistribution and crime. 38p.
PAGE 73
292 Liu, Zheng. Seasonal cycles, business cycles, and monetary
policy. 39p.
290 Marshall, Robert C. & Merlo, Antonio. Pattern bargaining.
45p.
294 Rebelein, Robert P. The effect of strategic behavior on
Ricardian equivalence. 26p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
95-9 Gollin, Douglas. Do taxes on large firms impede growth?:
evidence from Ghana. 49p.
96-1 Diao, X., et al. A dynamic computable general equilibrium
model: an application of R & D-based endogenous growth model
theory. 44p.
96-3 Diao, Xinshen & Somwaru, Agapi. Dynamic gains and losses
from trade reform: an intertemporal general equilibrium
model of the U.S. and MERCOSUR. 47p.
96-2 Gopinath, Munisamy & Roe, Terry L. R & D spillovers:
evidence from U.S. food processing, farm machinery and
agriculture. 18p.
MONASH UNIVERSITY. Department of Econometrics.
18/95 Hao, Kang & Inder, Brett. A modified fluctuation test for
structural change. 19p.
20/95 Kofman, Paul & Martens, Martin. Interaction between the
London and New York stock markets during common trading
hours. 34p.
19/95 Maharaj, E.A., Singh, N. & Inder, B.A. "Homogeneity of
variance test" for the comparison of two or more spectra.
37p.
16/95 Martin, Gael. Bayesian analysis of a cointegration model
using Markov chain Monte Carlo. 45p.
17/95 Martin, Gael. Fractional cointegration: a Bayesian
approach. 43p.
3/96 Hao, Kang. Testing for structural change in cointegrated
regression models: some comparisons and generalizations.
28p.
2/96 Harris, David. Principal components analysis of
cointegrated time series. 42p.
4/96 Harris, Mark N. & Matyas, Laszlo. A comparative analysis of
different estimators for dynamic panel data models. 54p.
1/96 Saligari, Grant R. & Snyder, Ralph D. Trends, lead times
and forecasting. 41p.
8/96 Atukorala, Ranjani & King, Maxwell L. A comparison of the
accuracy of asymptotic approximations in the dynamic
regression model using Kullback-Leibler in. 16p.
9/96 Harris, Mark N., Longmire, Richard J. & Matyas, Laszlo. The
robustness of estimators for dynamic panel data models to
misspecification. 29p.
5/96 Kalb, Guyonne. Using the EM algorithm with complete, but
scrambled, data. 41p.
6/96 Laskar, Mizan R. & King, Maxwell L. Estimation of
regression disturbances based on minimum message length.
19p.
PAGE 74
10/96 Maharaj, Anne & Inder, Brett. A test to compare two related
stationary time series. 20p.
7/96 Silvapulle, Paramsothy & Evans, Merran. Testing for serial
correlation in the presence of dynamic heteroscedasticity.
35p.
13/96 Bollen, Bernard & Kofman, Paul. Estimating daily volatility
from intraday data. 20p.
16/96 Fry, Tim R.L. & Sexton, Eileen M. The stochastic
specification of attraction models. 16p.
15/96 Greenan, Nathalie & Mairesse, Jacques. Computers and
productivity in France: some evidence. 55p.
14/96 Lee, Michael, et al. Growth convergence: some panel data
evidence. 10p.
12/96 Ravindiran, T. Cointegration analysis of purchasing power
parity in a small country context. 29p.
11/96 Snyder, Ralph D. & Grose, Simone. Business forecasting with
exponential smoothing: computation of prediction intervals.
20p.
MONASH UNIVERSITY. Department of Economics.
19/95 Comber, Andrew. Estimates of the elasticity of substitution
between imported and domestically produced goods in New
Zealand. 31p.
18/95 Hartley, Peter & Jones, Chris. Asset demands of
heterogeneous consumers with uninsurable idiosyncratic risk.
39p.
20/95 Krueger, Anne O. Free trade agreements versus customs
unions. 29p.
17/95 Ng, Yew-Kwang. Neo-neutrality of money under non-perfect
competition: why do economists fail to see the possibility?.
31p.
5/96 Bradfield, Michael. Raising prices when demand is falling:
who's kinky now, business or economics?. 10p.
4/96 McGeary, Kerry A., Kenkel, Donald S. & Terza, Joseph V. The
effect of preventive care on the demand for health services
in a developing country. 15p.
3/96 Rice, Robert C. The urban informal sector: theory,
characteristics and growth from 1980-90 with a special
emphasis on Indonesia. 24p.
26/95 Boymal, Jonathan. The economics of alcohol addiction. 20p.
25/95 Haralambopoulos, Nicholas. The monetary transmission
mechanism. 29p.
1/96 Ng, Yew-Kwang. The paradox of interpersonal cardinal
utility: a proposed solution. 33p.
2/96 Niehans, Jurg. Adam Smith and the welfare cost of optimism.
28p.
8/96 Cheng, Wenli & Yang, Xiaokai. An infra-marginal analysis of
the Ricardian model. 31p.
7/96 Denis, Sandra. Workplace health and safety: some economic
implications. 47p.
6/96 Dowrick, Steve & Quiggin, John. True measures of GDP and
convergence. 35p.
9/96 Lio, Monchi. Increasing returns, specialization, and the
theory of the allocation of time. 30p.
PAGE 75
10/96 Lio, Monchi. Uncertainty, insurance and the division of
labor. 13p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9543 Arcand, Jean-Louis, Boulila, Ghazi & Tritten, Christian.
Intergenerational contracts, remittances, and growth. 55p.
9552 Bai, Jushan & Perron, Pierre. Estimating and testing linear
models with multiply structural changes. 56p.
9556 Boyer, Marcel & Moreaux, Michel. Capacity commitment versus
flexibility: the technological choice nexus in a strategic
context. 35p.
9557 Boyer, Marcel & Laffont, Jean-Jacques. Environmental
protection, producer insolvency and lender liability. 36p.
9555 Boyer, Marcel, Mahenc, Philippe & Moreaux, Michel. Entry
blockading locations. 35p.
9550 Briys, Eric & Viala, Pascale. Optimal insurance design
under background risk. 12p.
9560 Dionne, Georges & Gollier, Christian. A model of
comparative statics for changes in stochastic returns with
dependent risky assets. 12p.
9547 Dufour, Jean-Marie & Kiviet, Jan F. Exact inference methods
for first-order autoregressive distributed lag models. 50p.
9553 Grandmont, Renato de Lemos. Mexico's financial
liberalization and reform: a critical overview. 64p.
9554 Grandmont, Renato de Lemos. Multivariate cointegration in a
the presence of structural breaks: the case of money demand
in Mexico. 67p.
9559 Margolis, David N. Cohort effects and returns to seniority
in France. 27p.
9558 Montmarquette, Claude, Mahseredjian, Sophie & Houle, Rachel.
The determinants of university dropouts: a sequential
decision model with selectivity bias. 15p.
9551 Ng, Serena & Pinkse, Joris. Nonparametric two-step
estimation of unknown regression functions when the
regressors and the regression error are . 20p.
9605 Ai, Chunrong, Arcand, Jean-Louis & Ethier, Francois. Moral
hazard and Marshallian inefficiency: evidence from Tunisia.
36p.
9604 Boyer, Marcel & Laffont, Jean-Jacques. Toward a political
theory of environmental policy. 40p.
9601 Deaton, Angus & Ng, Serena. Parametric and nonparametric
approaches to price and tax reform. 26p.
9610 Dionne, Georges & Mounsif, Tahar. Investment under demand
uncertainty: the newsboy problem revisited. 16p.
9608 Fortin, Nicole M. & Lemieux, Thomas. Labor market
institutions and gender differences in wage inequality.
11p.
9607 Fortin, Nicole M. & Lemieux, Thomas. Rank regressions, wage
distributions, and the gender gap. 43p.
9612 Ghysels, Eric & Ng, Serena. A semi-parametric factor model
for interest rates. 27p.
9613 Ghysels, Eric, Harvey, Andrew & Renault, Eric. Stochastic
volatility. 68p.
PAGE 76
9603 Gonzalo, Jesus & Ng, Serena. A systematic framework for
analyzing the dynamic effects of permanent and transitory
shocks. 40p.
9609 Hosken, Daniel S. & Margolis, David N. The efficiency of
collective bargaining in public schools. 52p.
9602 Levy-Garboua, Louis & Montmarquette, Claude. Cognition in
seemingly riskless choices and judgements. 27p.
9606 Mercenier, Jean & Yeldan, Erinc. How prescribed policy can
mislead when data are defective: a follow-up to Srinivasan
(1994) using general equilibri. 27p.
9611 Perron, Pierre & Ng, Serena. An autoregressive spectral
density estimator at frequency zero for nonstationarity
tests. 42p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
87 Bittlingmayer, George. Output, political uncertainty, and
stock market fluctuations: Germany 1890-1940. 19p.
86 Blackorby, Charles, Bossert, Walter & Donaldson, David.
Intertemporal population ethics: critical level utilitarian
principles. 19p.
84 Choi, Jay Pil. Preemptive R & D, rent dissipation and the
`leverage theory'. 32p.
88 Erbenova, Michaela & Vagstad, Steinar. Information rent and
the holdup problem: is private information prior to
investment valuable?. 27p.
78 Roy, Santanu. Theory of dynamic portfolio choice for
survival under uncertainty. 31p.
83 Sauer, Christine & Scheide, Joachim. Money, interest rate
spreads, and economic activity. 23p.
85 Skaperdas, Stergios & Syropoulos, Constantine. Competing
for claims to property. 39p.
104 Ben-Zion, Uri, Hauser, Shmuel & Lieberman, Offer. A
characterization of the price behavior of international dual
stocks: an error correction approach. 21p.
108 Blanchflower, David G. & Freeman, Richard B. Growing into
work. 73p.
107 Christiansen, Vidar. Green taxes: a note on the double
dividend and the optimum tax rate. 11p.
105 Christofides, Louis N., Stengos, Thanassis & Swidinsky,
Robert. On the calculation of marginal effects in the
bivariate probit model. 17p.
106 Koskela, Erkki & Schob, Ronnie. Alleviating unemployment:
the case for green tax reforms. 38p.
102 Sinn, Hans-Werner. Social insurance, incentives and risk
taking. 33p.
103 Sinn, Hans-Werner. The subsidiarity principle and market
failure in systems competition. 30p.
110 Honkapohja, Seppo & Evans, George W. Convergence of
learning algorithms without a projection facility. 37p.
109 Honkapohja, Seppo & Evans, George W. Economic dynamics with
learning: new stability results. 36p.
112 Ichino, Andrea, Rustichini, Aldo & Checchi, Daniele. More
equal but less mobile?: Education financing and
intergenerational mobility in Italy and in the U.S. 47p.
PAGE 77
89 Kovenock, Dan & Phillips, Gordon M. Capital structure and
product market behavior: an examination of plant exit and
investment decisions. 38p.
111 Lindbeck, Assar. Incentives in the welfare state. 31p.
115 Mayer, Wolfgang. Gains from restricted openings of trade.
27p.
82 Musgrave, Richard A. Public finance and Finanzwissenscaft
traditions compared. 46p.
101 Orosel, Gerhard O. & Schob, Ronnie. Internalizing
externalities in second-best tax systems. 21p.
114 Van Long, Ngo & Hartwick, John M. Constant consumption and
the economic depreciation of natural capital: the
non-autonomous case. 13p.
90 Baye, Michael R., Kovenock, Dan & de Vries, Casper. The
all-pay auction with complete information. 21p.
94 Fare, Rolf, Grosskopf, Shawna & Roos, Pontus. The Malmquist
total factor productivity index: some remarks. 9p.
99 Frey, Bruno S. Institutional economics: what future
course?. 21p.
92 Koskela, Erkki & Stenbacks, Rune. Does competition make
loan markets more fragile?. 27p.
91 Koskela, Erkki & Holm, Pasi. Tax progression, structure of
labour taxation and employment. 25p.
93 Okuguchi, Koji. Effects of tariff on international mixed
duopoly with several markets. 16p.
100 Paelinck, Jean H.P. Four studies in theoretical spatial
economics. 32p.
95 Schjelderup, Guttorm & Sorgard, Lars. The multinational
firm, transfer pricing and the nature of competition. 28p.
96 Schjelderup, Guttorm, Hagen, Kare P. & Osmundsen, Petter.
Internationally mobile firms and tax policy. 26p.
98 Tawada, Makoto & Shimomura, Koji. On the Heckscher-Ohlin
analysis and the gains from trade with profit maximizing and
labour managed firms. 19p.
97 Tawada, Makoto & Yabuuchi, Shigemi. Trade and gains from
trade between profit maximizing and labor managed countries
with imperfect competition. 29p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9513 Bauer, Thomas & Zimmermann, Klaus F. Integrating the east:
the labor market effects of immigration. 52p.
9516 Bauer, Thomas & Zimmermann, Klaus F. Network migration of
ethnic Germans. 9p.
9519 Heintel, Markus. A Bayesian order determination procedure
for vector autoregressive processes. 8p.
9517 Hillinger, Claude & Heintel, Markus. Macroeconomic
forecasts of GDP levels and growth rates for the G-7
countries. 14p.
9512 Huber, Bernd. The role of fiscal integration in a monetary
union. 33p.
9520 Riphahn, Regina T. Disability retirement among German men
in the 1980s. 56p.
9515 Schlict, Ekkehart. Hume's counterpoint: a chapter of
property. 32p.
PAGE 78
9518 Scholten, Ulrich & Thum, Marcel. Public pension and optimal
immigration policy. 16p.
9525 Bauer, Thomas. The migration decision with uncertain costs.
29p.
9526 Guilkey, David K. & Riphahn, Regina T. The determinants of
child mortality in the Philippines: estimation of a
structural model. 42p.
9524 Haisken-De New, John P. & Zimmermann, Klaus. Wage and
mobility effects of trade and migration. 23p.
9601 Rotte, Ralph. Economics and peace theory on the eve of
World War I. 23p.
9602 Geil, Peter & Rotte, Ralph. International interventionism
1970-1989: a count data approach. 19p.
9604 Wambach, Achim. Oligopoly and uncertainty. 7p.
9606 Weichenrieder, Alfons J. Fighting international tax
avoidance: the case of Germany. 24p.
9603 Weichenreider, Alfons J. Transfer pricing, double taxation,
and the cost of capital. 8p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
5363 Abel, Andrew B. & Eberly, Janice C. The effects of
irreversibility and uncertainty on capital accumulation.
42p.
5345 Ait-Sahalia, Yacine. Nonparametric pricing of interest rate
derivative securities. 43p.
5346 Ait-Sahalia, Yacine. Testing continuous-time models of the
spot interest rate. 40p.
5351 Ait-Sahalia, Yacine & Lo, Andrew W. Nonparametric
estimation of state-price densities implicit in financial
asset prices. 49p.
5361 Aizenman, Joshua. Optimal buffer stocks and precautionary
savings with disappointment aversion. 24p.
5338 Aizenman, Joshua & Hausman, Ricardo. The impact of
inflation on budgetary discipline. 33p.
5378 Altonji, Joseph G., Hayashi, Fumio & Kotlikoff, Laurence.
Parental altruism and inter vivos transfers: theory and
evidence. 57p.
5386 Aizenman, Joshua & Marion, Nancy. Volatility, investment
and disappointment aversion. 23p.
5350 Attanasio, Orazio P., et al. Humps and bumps in lifetime
consumption. 25p.
5360 Baker, Laurence C. HMOs and fee-for-service health care
expenditures: evidence from Medicare. 47p.
5356 Baker, Laurence C. & Corts, Kenneth S. The effects of HMOs
on conventional insurance premiums: theory and evidence.
53p.
5364 Baldwin, Richard E., Forslid, Rikard & Haaland, Jan.
Investment creation and investment diversion: simulation
analysis of the single market programme. 36p.
5344 Ball, Laurence & Croushore, Dean. Expectations and the
effects of monetary policy. 32p.
5336 Basu, Susanto. Procyclical productivity: increasing returns
or cyclical utilization?. 41p.
PAGE 79
5366 Biddle, Jeff E. & Hamermesh, Daniel S. Beauty, productivity
and discrimination: lawyers' looks and lucre. 43p.
5340 Bordo, Michael D. The gold standard as a `Good Housekeeping
Seal of Approval'. 37p.
5371 Bordo, Michael D., Mizrach, Bruce & Schwartz, Anna J. Real
versus pseudo-international systemic risk: some lessons from
history. 45p.
5372 Borjas, George J. & Hilton, Lynette. Immigration and the
welfare state: immigrant participation in means-tested
entitlement programs. 33p.
5365 Casella, Alessandra. Large countries, small countries and
the enlargement of trade blocs. 30p.
5374 Chan, Louis K.C. & Lakonishok, Josef. A cross-market
comparison of institutional equity trading costs. 34p.
5375 Chan, Louis K.C., Jegadeesh, Narasimhan & Lakonishok, Josef.
Momentum strategies. 38p.
5368 Currie, Janet & Ferrie, Joseph. Strikes and the law in the
U.S., 1881-1894: new evidence on the origins of American
exceptionalism. 46p.
5377 Deardorff, Alan V. Determinants of bilateral trade: does
gravity work in a neoclassical world?. 28p.
5352 Dooley, Michael P. A survey of academic literature on
controls over international capital transactions. 48p.
5347 Dooley, Michael P. & Chinn, Menzie. Financial repression
and capital mobility: why capital flows & covered interest
rate differentials fail to measure . 31p.
5376 Elliott, Graham & Ito, Takatoshi. Heterogeneous
expectations and test of efficiency in the yen/dollar
forward foreign exchange rate market. 43p.
5379 Estrella, Arturo & Mishkin, Frederic S. Predicting U.S.
recessions: financial variables as leading indicators. 32p.
5370 Feldstein, Martin & Feenberg, Daniel. The effect of
increased tax rates on taxable income and economic
efficiency: a preliminary analysis of the 1993 tax. 39p.
5369 Fernandez, Raquel & Rogerson, Richard. Education finance
reform and investment in human capital: lessons from
California. 38p.
5380 Fullerton, Don. Why have separate environmental taxes?.
40p.
5337 Gali, Jordi. Non-Walrasian unemployment fluctuations. 56p.
5359 Goldbberg, Pinelopi K. & Knetter, Michael M. Causes and
consequences of the export enhancement program for wheat.
37p.
5348 Griliches, Zvi. The discovery of the residual: an
historical note. 13p.
5357 Grossman, Herschel I. & Kim, Minseong. Predation and
accumulation. 24p.
5362 Gustman, Alan L. & Steinmeier, Thomas L. Privatizing social
security: first round effects of a generic, voluntary,
privatized U.S. social security system. 50p.
5341 Hayami, Yujiro & Godo, Yoshihasa. Economics and politics of
rice policy in Japan: a perspective on the Uruguay Round.
40p.
5387 Horrace, William C., Schmidt, Peter & Witte, Ann D..
Sampling errors and confidence intervals for order
statistics: implementing the Family Support Act. 37p.
PAGE 80
5358 Ito, Takatoshi & Iwaisako, Tokuo. Explaining asset bubbles
in Japan. 60p.
5383 Jovanovic, Boyan. Learning and growth. 24p.
5354 Joyce, Theodore & Kaestner, Robert. State reproductive
policies and adolescent pregnancy resolution: the case of
parental involvement laws. 54p.
5355 Krugman, Paul. Technology, trade and factor prices. 48p.
5349 Levinsohn, James. Carwars: trying to make sense of
U.S.-Japan trade frictions in the automobile and automobile
parts markets. 29p.
5353 Neal, Derek. The effect of Catholic secondary schooling on
education attainment. 49p.
5384 Novaes, Walter & Zingales, Luigi. Capital structure choice
when managers are in control: entrenchment versus
efficiency. 40p.
5367 Pagano, Marco, Panetta, Fabio & Zingales, Luigi. Why do
companies go public?: an empirical analysis. 60p.
5339 Rodrik, Dani. Trade strategy, investment and exports:
another look at East Asia. 40p.
5335 Sinn, Hans-Werner. Social insurance, incentives and risk
taking. 35p.
5343 Stevens, Ann H. Long-term effects of job displacement:
evidence from the Panel Study of Income Dynamics. 36p.
5373 Zucker, Lynne G. & Darby, Michael R. Social construction of
trust to protect ideas and data in space science and
geophysics. 62p.
5342 Zucker, Lynne G. & Darby, Michael R. Virtuous circles of
productivity: star bioscientists and the institutional
transformation of industry. 37p.
5417 Agenor, Pierre-Richard & Aizenman, Joshua. Wage dispersion
and technical progress. 36p.
5405 Alston, Lee J., Libecap, Gary D. & Schneider, Robert. The
determinants and impact of property rights: land titles on
the Brazilian frontier. 56p.
5406 Angrist, Joshua D. & Evans, William N. Schooling and labor
market consequences of the 1970 state abortion reforms.
51p.
5416 Baldwin, Richard E. & Seghezza, Elena. Testing for
trade-induced investment-led growth. 31p.
5382 Basu, Susanto & Fernald, John G. Aggregate productivity and
the productivity of aggregates. 49p.
5401 Bernstein, Jeffrey I. & Yan, Xiaoyi. International R & D
spillovers between Canadian and Japanese industries. 27p.
5409 Bhattacharya, Jay, Garber, Alan M. & MaCurdy, Thomas.
Cause-specific mortality among Medicare enrollees. 22p.
5414 Chari, V.V., Kehoe, Patric J. & McGrattan, Ellen R. The
poverty of nations: a quantitative exploration. 67p.
5388 Currie, Janet. Do children of immigrants make differential
use of public health insurance?. 41p.
5393 Davis, Steven J. & Haltiwanger, John. Employer size and the
wage structure in U.S. manufacturing. 49p.
5407 Edwards, Sebastian. Public sector deficits and
macroeconomic stability in developing economies. 38p.
5394 Engel, Charles. Accounting for U.S. real exchange rate
changes. 53p.
PAGE 81
5395 Engel, Charles & Rogers, John H. Regional patterns in the
law of one price: the roles of geography vs. currencies.
43p.
5408 Favero, Carlo, Giavazzi, Francesco & Spaventa, Luigi. High
yields: the spread on German interest rates. 48p.
5424 Feenstra, Robert C. & Hanson, Gordon H. Globalization,
outsourcing, and wage inequality. 11p.
5397 Feldstein, Martin. The effect of a consumption tax on the
rate of interest. 31p.
5413 Feldstein, Martin. The missing piece in policy analysis:
social security reform. 33p.
5422 Frankel, Jeffrey A. How well do foreign exchange markets
function: might a Tobin tax help?. 57p.
5403 Froot, Kenneth A. & Stein, Jeremy C. Risk management,
capital budgeting and capital structure policy for financial
institutions: an integrated approach. 37p.
5426 Griliches, Zvi. Education, human capital, and growth: a
personal perspective. 26p.
5400 Hanson, Gordon H. The effects of offshore assembly on
industry location: evidence from U.S. border cities. 35p.
5425 Hanson, Gordon H. U.S.-Mexico integration and regional
economies: evidence from border-city pairs. 34p.
5399 Hanushek, Eric A. & Kim, Dongwook. Schooling, labor force
quality, and economic growth. 46p.
5412 Jian, Tianlun, Sachs, Jeffrey D. & Warner, Andrew M. Trends
in regional inequality in China. 41p.
5391 Kaplow, Louis. How tax complexity and enforcement affect
the equity and efficiency of the income tax. 26p.
5421 Kowalczyk, Carsten & Davis, Donald. Tariff phase-outs:
theory and evidence from GATT and NAFTA. 36p.
5415 Krishna, Kala & Thursby, Marie. Whither flat panel
displays?. 41p.
5402 Lamont, Owen. Do "shortages" cause inflation?. 26p.
5418 Lichtenberg, Frank R. The effect of pharmaceutical
utilization and innovation on hospitalization and mortality.
29p.
5385 Lipsey, Robert E., Blomstrom, Magnus & Ramstetter, Eric.
Internationalized production in world output. 112p.
5389 Margo, Robert A. & Finegan, T. Aldrich. Changes in the
distribution of wages, 1940-1950: the public vs. the private
sector. 37p.
5420 Nechyba, Thomas J. A computable general equilibrium model
of intergovernmental aid. 33p.
5419 Nechyba, Thomas J. Local property and state income taxes:
the role of interjurisdictional competition and collusion.
29p.
5392 O'Rourke, Kevin H. & Williamson, Jeffrey G. Around the
European periphery 1870-1913: globalization, schooling and
growth. 67p.
5404 Sachs, Jeffrey D. Reforms in Eastern Europe and the former
Soviet Union in light of the East Asian experiences. 71p.
5398 Sachs, Jeffrey D. & Warner, Andrew M. Natural resource
abundance and economic growth. 47p.
5411 Sinn, Hans-Werner. The subsidiarity principle and market
failure in systems competition. 30p.
PAGE 82
5390 Stevens, Ann H. Climbing out of poverty, fallng back in:
measuring the persistence of poverty over multiple spells.
56p.
5381 Willard, Kristen L., Guinnane, Timothy W. & Rosen, Harvey S.
Turning points in the Civil War: views from the greenback
market. 38p.
5478 Adams, James & Griliches, Zvi. Measuring science: an
exploration. 34p.
5479 Ait-Sahalia, Yacine. Dynamic equilibrium and volatility in
financial asset markets. 40p.
5438 Altonji, Joseph G. & Pierret, Charles R. Employer learning
and the signaling value of education. 37p.
5445 Bekaert, Geert & Gray, Stephen F. Target zones and exchange
rates: an empirical investigation. 51p.
5439 Bernanke, Ben S. & Carey, Kevin. Nominal wage stickiness
and aggregate supply in the Great Depression. 44p.
5475 Blonigen, Bruce A. & Feenstra, Robert C. Protectionist
threats and foreign direct investment. 41p.
5482 Bomfin, Antulio N. & Diebold, Francis X. Bounded
rationality and strategic complementarity in a macroeconomic
model: policy effects, persistence and multipl. 27p.
5468 Borenstein, Severin & Shepard, Andrea. Sticky prices,
inventories, and market power in wholesale gasoline markets.
42p.
5454 Borjas, George J., Freeman, Richard B. & Katz, Lawrence F.
Searching for the effect of immigration on the labor market.
12p.
5474 Brander, James A. & Taylor, Scott M. Open access renewable
resources: trade and trade policy in a two-country model.
31p.
5452 Bruno, Michael & Easterly, William. Inflation's children:
tales of crises that beget reforms. 10p.
5455 Buchinsky, Moshe & Hunt, Jennifer. Wage mobility in the
United States. 59p.
5471 Caballero, Ricardo J. & Hammour, Mohamad L. The
"fundamental transformation" in macroeconomics. 12p.
5442 Calomiris, Charles N. & Kahn, Charles M. The efficiency of
self-regulated payments systems: learning from the Suffolk
System. 48p.
5450 Card, David & Krueger, Alan B. Labor market effects of
school quality: theory and evidence. 66p.
5463 Corman, Hope & Mocan, H. Naci. A time-series analysis of
crime and drug use in New York City. 43p.
5429 Costa, Dora L. Displacing the family: Union Army pensions
and elderly living arrangements. 29p.
5481 Diebold, Francis X. & Senjadji, Abdelhak S. Deterministic
vs. stochastic trend in U.S. GNP, yet again. 17p.
5456 Di Pasquale, Denise & Glaeser, Edward L. The L.A. riot and
the economics of urban unrest. 38p.
5457 Eaton, Jonathan & Tamura, Akiko. Japanese and U.S. exports
and investment as conduits of growth. 29p.
5462 Fazzari, Steven M., Hubbard, R. Glenn & Petersen, Bruce C.
Financing constraints and corporate investment: response to
Kaplan and Zingales. 38p.
PAGE 83
5469 Feldstein, Martin. The costs and benefits of going from low
inflation to price stability. 55p.
5437 Frankel, Jeffrey A. & Rose, Andrew K. Currency crashes in
emerging markets: empirical indicators. 29p.
5476 Frankel, Jeffrey A. & Romer, David. Trade and growth: an
empirical investigation. 49p.
5431 Frankel, Jeffreu A., Stein, Ernesto & Wei, Shang-Jin.
Regional trading arrangements: natural or supernatural?.
14p.
5451 Freeman, Richard B. Why do so many young American men
commit crimes and what might we do about it?. 33p.
5435 Freeman, Richard B. Working for nothing: the supply of
volunteer labor. 41p.
5465 Friedman, Benjamin M. The rise and fall of money growth
targets as guidelines for U.S. monetary policy. 31p.
5441 Glaeser, Edward L. The social cost of rent control
revisited. 41p.
5430 Glaeser, Edward L. & Sacerdote, Bruce. Why is there more
crime in cities?. 65p.
5453 Gorton, Gary & Schmid, Frank A. Universal banking and the
performance of German firms. 73p.
5447 Grossman, Gene M. & Helpman, Elhanan. Intergenerational
redistribution with short-lived governments. 45p.
5470 Helliwell, John F. Economic growth and social capital in
Asia. 30p.
5458 Ishikawa, Jota & Spencer, Barbara J. Rent-shifting export
subsidies with an imported intermediate product. 38p.
5446 Jones, Charles M., Lamont, Owen & Lumsdaine, Robin. Public
information and the persistence of bond market volatility.
26p.
5480 Ju, Jiandong & Krishna, Kala. Market access and welfare
effects of free trade areas without rules of origin. 25p.
5459 Juhn, Chinhui & Murphy, Kevin M. Wage inequality and family
labor supply. 42p.
5434 Kaestner, Robert, Joyce, Theodore & Wehbeh, Hassan. The
effect of maternal drug use on birth weight: measurement
error in binary variables. 25p.
5466 Kessler, Daniel P. & McClellan, Mark. Do doctors practice
defensive medicine?. 49p.
5428 Kremer, Michael. Integrating behavioral choice into
epidemiological models of AIDS. 36p.
5473 Krugman, Paul. Domestic distortions and the
deindustrialization hypothesis. 29p.
5444 Lazear, Edward P. Incentives in basic research. 45p.
5436 Lazear, Edward P. & Freeman, Richard B. Relational
investing: the worker's perspective. 35p.
5427 Leamer, Edward E. In search of Stolper-Samuelson effects on
U.S. wages. 70p.
5448 Leamer, Edward E. What's the use of factor contents?. 17p.
5410 Lewis, Karen K. Consumption, stock returns, and the gains
from international risk-sharing. 40p.
5423 Meyer, Bruce D. & Rosenbaum, Dan T. Repeat use of
employment insurance. 31p.
5467 Milesi-Feretti, Gian Maria & Razin, Assaf. Sustainability
of persistent current account deficits. 31p.
PAGE 84
5464 Mishkin, Frederic S. The channels of monetary transmission:
lessons for monetary policy. 27p.
5449 Poterba, James M. Budget institutions and fiscal policy in
the U.S. states. 14p.
5440 Prusa, Thomas J. The trade effects of U.S. antidumping
actions. 33p.
5396 Rajan, Raghuram G. & Zingales, Luigi. The tyranny of the
inefficient: an enquiry into the adverse consequences of
power struggles. 38p.
5433 Razin, Assaf & Yuen, Chi-Wa. Labor mobility and fiscal
coordination. 29p.
5443 Romer, Paul M. Why, indeed, in America:? theory, history,
and the origins of modern economic growth. 13p.
5461 Shavell, Steven & Spier, Kathryn. Threats without binding
commitment. 18p.
5460 Smart, Scott & Waldfogel, Joel. A citation-based test for
discrimination at economics and finance journals. 40p.
5472 Spilimbergo, Antonio & Stein, Ernesto. The welfare
implicatons of trading blocs among countries with different
endowments. 53p.
5477 Staiger, Douglas, Stock, James H. & Watson, Mark W. How
precise are estimates of the natural rate of unemployment?.
56p.
5432 Taylor, Alan M. On the costs of inward-looking development:
historical perspectives on price distortions, growth, and
divergence in. 42p.
5493 Abowd, John M. & Allain, Lawrence. Compensation structure
and product market competition. 15p.
5522 Altonji, Joseph G., Hayashi, Fumio & Kotlikoff, Laurence.
The effects of income and wealth on time and money transfers
between parents and children. 60p.
5516 Baldwin, Robert E. & Kimura, Fukunari. Measuring U.S.
international goods and services transactions. 42p.
5503 Baily, Martin N., Bartelsman, Eric J. & Haltiwanger, John.
Labor productivity: structural change and cyclical dynamics.
25p.
5520 Ball, Laurence. Disinflation and the non-accelerating
inflation rate of unemployment. 34p.
5502 Barro, Robert J. Reflections on Ricardian equivalence.
19p.
5497 Bordo, Michael D. & Bayoumi, Tamim. Getting pegged:
comparing the 1879 and 1925 gold resumptions. 46p.
5514 Bradford, David F. & Max, Derrick A. Implicit budget
deficits: the case of a mandated shift to community-rated
health insurance. 37p.
5508 Caballero, Ricardo J. & Leahy, John V. Fixed costs: the
demise of marginal q. 19p.
5487 Card, David, Kramarz, Francis & Lemieux, Thomas. Changes in
the relative structure of wages and employment: a comparison
of the United States, Canada, and France. 52p.
5489 Cochrane, John H. & Saa-Requejo, Jesus. Beyond arbitrage:
"good-deal" asset price bounds in incomplete markets. 66p.
5486 Cole, Harold L. & Kehoe, Patrick J. Reputation spillover
across relationships: reviving reputation models of debt.
23p.
PAGE 85
5525 Cutler, David M. & Madrian, Brigitte C. Labor market
responses to rising health insurance costs: evidence on
hours worked. 43p.
5498 Dasgupta, Sudipto & Titman, Sheridan. Pricing strategy and
financial policy. 50p.
5500 Dumas, Bernard, Fleming, Jeff & Whaley, Robert E. Implied
volatility functions: empirical tests. 34p.
5524 Chaloupka, Frank J., Grossman, Michael & Tauras, John A.
Public policy and youth smokeless tobacco use. 26p.
5523 Ehrenberg, Ronald G. & Hurst, Peter J. The 1995 National
Research Council ratings of doctoral programs: a hedonic
model. 25p.
5517 Eichengreen, Barry & von Hagen, Jurgen. Fiscal policy and
monetary union: is there a tradeoff between federalism and
budgetary restrictions?. 16p.
5515 Feenstra, Robert C. U.S. imports, 1972-1994: data and
concordances. 40p.
5511 Fullerton, Don. Second-best pollution taxes. 11p.
5519 Gordon, Robert J. Problems in the measurement and
performance of service sector productivity in the United
States. 66p.
5530 Gourinchas, Pierre-Olivier & Tornell, Aaron. Exchange rate
dynamics and learning. 65p.
5510 Irwin, Douglas A. & Kroszner, Randall S. Log-rolling and
economic interests in the passage of the Smoot-Hawley
tariff. 34p.
5509 Irwin, Douglas A. The Smoot-Hawley tariff: a quantitative
assessment. 33p.
5521 Kaestner, Robert. Are brothers really better?: sibling sex
composition and educational achievement revisited. 34p.
5507 King, Robert G. & Wolman, Alexander L. Inflation targeting
in a St. Louis model of the 21st century. 39p.
5484 Krishna, Kala & Tan, Ling Hui. Transferable licenses vs.
nontransferable licenses: what is the difference?. 35p.
5485 Krueger, Alan B. & Pischke, Jorn-Steffen. A statistical
analysis of crime against foreigners in unified Germany.
39p.
5499 Lamont, Owen. Cash flow and investment: evidence from
internal capital markets. 45p.
5505 LeBaron, Blake. Technical trading rule profitability and
foreign exchange intervention. 16p.
5494 Lopez-de-Silanes, Florencio. Determinants of privatization
prices. 40p.
5501 Mairesse, Jacques. Estimating the productivity of R & D: an
exploration of GMM methods using data on French & U.S.
manufacturing firms. 31p.
5490 Markusen, James R. Costly pollution abatement,
competitiveness, and plant location decisions. 26p.
5483 Markusen, James R. & Venables, Anthony J. Multinational
production, skilled labor, and real wages. 29p.
5529 Markusen, James R. & Venables, Anthony J. The theory of
endowment, intra-industry, and multinational trade. 42p.
5518 Marston, Richard C. The effects of industry structure on
economic exposure. 25p.
PAGE 86
5512 Mitchell, Olivia S. & Zeldes, Stephen P. Social security
privatization: a structure for analysis. 12p.
5492 Montgomery, Edward & Navin, John. Cross-state variation in
Medicaid programs and female labor supply. 34p.
5504 Mulligan, Casey B. & Sala-i-Martin, Xavier. Adoption of
financial technologies: implications for money demand and
monetary policy. 51p.
5526 Mutti, John & Grubert, Harry. The significance of
international tax rules for sourcing income: the
relationship between income tax and trade taxe. 46p.
5506 Nadiri, M. Ishaq & Kim, Seongjun. R & D, production
structure and productivity growth: a comparison of the U.S.,
Japanese & Korean manufacturing sect. 38p.
5513 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. Tax principles
and capital inflows: is it efficient to tax nonresident
income?. 40p.
5496 Stein, Jeremy C. Rational capital budgeting in an
irrational world. 42p.
5495 Swenson, Deborah L. Explaining domestic content: evidence
from Japanese and U.S. auto production in the U.S. 34p.
5531 Wei, Shang-Jin. Intra-national versus international trade:
how stobborn are nations in global integration?. 40p.
5491 Williamson, Jeffrey G. Globalization and inequality then
and now: the late 19th and late 20th centuries compared.
45p.
5551 Abowd, John M., Corbel, Patrick & Kramarz, Francis. The
entry and exit of workers and the growth of employment: an
analysis of French establishments. 36p.
5544 Adams, James D. & Jaffe, Adam B. Bounding the effects of R
& D: an investigation using matched establishment firm data.
39p.
5558 Aizenman, Joshua, Gavin, Michael & Hausmann, Ricardo.
Optimal tax and debt policy with endogenously imperfect
creditworthiness. 38p.
5556 Alesina, Alberto & Perotti, Roberto. Budget deficits and
budget institutions. 40p.
5534 Allen, Steven G. Technology and the wage structure. 42p.
5488 Bagwell, Kyle & Staiger, Robert W. Reciprocal trade
liberalization. 50p.
5549 Baldwin, Richard E. & Forslid, Rikard. Trade liberalization
and endogenous growth: a q-theory approach. 27p.
5528 Berry, Steven & Waldfogel, Joel. Free entry and social
inefficiency in radio broadcasting. 35p.
5561 Berry, Steven, Carnall, Michael & Spiller, Pablo T. Airline
hubs: costs, markups and the implications of customer
heterogeneity. 41p.
5533 Bohn, Henning & Inman, Robert P. Balanced budget rules and
public deficits: evidence from the U.S. states. 80p.
5536 Bound, John, Schoenbaum, Michael & Waldmann, Timothy. Race
differences in labor force attachment and disability status.
32p.
5540 Campillo, Marta & Miron, Jeffrey A. Why does inflation
differ across countries?. 36p.
5538 Card, David & Hyslop, Dean. Does inflation "grease the
wheels of the labor market?". 67p.
PAGE 87
5543 Chaloupka, Frank J. & Laixuthai, Adit. U.S. trade policy
and cigarette smoking in Asia. 20p.
5541 Chari, V.V., Christiano, Lawrence J. & Eichenbaum, Martin.
Expectation traps and discretion. 38p.
5564 Deaton, Angus & Ng, Serena. Parametric and non-parametric
approaches to price and tax reform. 25p.
5553 den Haan, Wouter J. The comovements between real activity
and prices at different business cycle frequencies. 52p.
5559 Diewert, W. Erwin. Axiomatic and economic approaches to
international comparisons. 81p.
5573 Dornbusch, Rudi. Debt and monetary policy: the policy
issues. 36p.
5565 Eichengreen, Barry & Irwin, Douglas A. The role of history
in bilateral trade flows. 51p.
5542 Fullerton, Don, McDermott, Shaun P. & Caulkins, Jonathan P.
Sulfur dioxide compliance of a regulated utility. 28p.
5562 Gaspar, Jess & Glaeser, Edward L. Information technology
and the future of cities. 57p.
5527 Gordon, Roger H. & Nielsen, Soren Bo. Tax avoidance and
value-added vs. income taxation in an open economy. 20p.
5547 Hanushek, Eric A. & Rivkin, Steven G. Understanding the
20th century growth in U.S. school spending. 54p.
5548 Hanushek, Eric A., Rivkin, Steven C. & Taylor, Lori L.
Aggregation and the estimated effects of school resources.
45p.
5535 Heckman, James J., Smith, Jeffrey A. & Taber, Christopher.
What do bureaucrats do?: the effects of performance
standards and bureaucratic preferences on acceptance into
the J. 25p.
5560 Higgins, Matthew & Williamson, Jeffrey G. Asian demography
and foreign capital dependence. 65p.
5545 Jaffe, Adam B. & Palmer, Karen. Environmental regulation
and innovation: a panel data study. 40p.
5546 Kiyotaki, Nobuhiro & West, Kenneth D. Business fixed
investment and the recent business cycle in Japan. 50p.
5532 Persson, Torsten & Tabellini, Guido. Monetary cohabitation
in Europe. 35p.
5550 Poterba, James M. Do budget rules work?. 59p.
5537 Rodrik, Dani. Why do more open economies have bigger
governments?. 38p.
5557 Romer, Christina D. & Romer, David H. Institutions for
monetary stability. 36p.
5563 Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres. The
Mexican peso crisis: sudden death or death foretold?. 30p.
5539 Shiller, Robert J. Why do people dislike inflation?. 75p.
5554 Shleifer, Andrei & Vishny, Robert W. A survey of corporate
governance. 79p.
5605 Acemoglu, Daron & Pischke, Jorn-Steffen. Why do firms
train?: theory and evidence. 49p.
5574 Bagwell, Kyle & Staiger, Robert W. Strategic export
subsidies and reciprocal trade agreements: the natural
monopoly case. 31p.
5582 Baldwin, Richard E. & Seghezza, Elena. Trade-induced
investment-led growth. 24p.
PAGE 88
5584 Bebchuk, Lucian A. & Zingales, Luigi. Corporate ownership
structures: private versus social optimality. 35p.
5583 Benabou, Roland. Unequal societies. 34p.
5580 Brown, Chris & Corcoran, Mary. Sex-based differences in
school content and the male/female wage gap. 14p.
5587 Campbell, John Y. & Shiller, Robert J. A scorecard for
indexed government debt. 63p.
5572 Case, Anne & Deaton, Angus. Large cash transfers to the
elderly in South Africa. 38p.
5581 Clarida, Richard & Gertler, Mark. How the Bundesbank
conducts monetary policy. 69p.
5591 Cutler, David M. Public policy for health care. 52p.
5604 Daniel, Kent & Titman, Sheridan. Evidence on the
characteristics of cross sectional variation in stock
returns. 38p.
5606 DiNardo, John E. & Pischke, Jorn-Steffen. The returns to
computer use revisited: have pencils changed the wage
structure too?. 30p.
5567 Evans, William N., Farrelly, Matthew D. & Montgomery,
Edward. Do workplace smoking bans reduce smoking?. 50p.
5596 Farber, Henry S. The changing face of job loss in the
United States, 1981-1993. 64p.
5594 Fullerton, Don & Wu, Wenbo. Policies for green design.
22p.
5595 Fung, K.C. Accounting for Chinese trade: some national and
regional considerations. 55p.
5598 Glaeser, Edward L. Should transfer payments be indexed to
local price levels?. 31p.
5571 Gokhale, Jagadeesh, Kotlikoff, Laurence J. & Sabelhaus,
John. Understanding the postwar decline in U.S. saving: a
cohort analysis. 90p.
5608 Gruber, Jonathan & Cullen, Julie B. Spousal labor supply as
insurance: does unemployment insurance crowd out the added
worker effect?. 41p.
5578 Hamermesh, Daniel S. & Scoones, David. Multilevel "general
policy equilibria": evidence from the American unemployment
insurance tax ceiling. 30p.
5592 Hanson, Gordon H. & Spilimbergo, Antonio. Illegal
immigration, border enforcement, and relative wages:
evidence from apprehensions at the U.S.-Mexico border. 39p.
5589 Hines, James R. Tax policy and the activities of
multinational corporations. 54p.
5603 Holzer, Harry & Neumark, David. Are affirmative action
hires less qualified?: evidence from employer-employee data
on new hires. 44p.
5569 Hulten, Charles R. Quality change in capital goods and its
impact on economic growth. 46p.
5555 Kaestner, Robert. Drug use and AFDC participation: is there
a connection?. 33p.
5588 Klibanoff, Peter, Lamont, Owen & Wizman, Thierry A.
Investor reaction to salient news in closed-end country
funds. 38p.
5566 Kremer, Michael. How much does sorting increase
inequality?. 25p.
PAGE 89
5593 Krishna, Kala, Roy, Suddhasatwa & Thursby, Marie.
Implementing market access. 36p.
5585 Lafontaine, Francine & Shaw, Kathryn L. The dynamics of
franchise contracting: evidence from panel data. 40p.
5601 Lichtenberg, Frank R. The effect of new political
administration on federal government productivity and
employment. 14p.
5597 McCallum, Bennett T. Crucial issues concerning central bank
independence. 23p.
5579 McCallum, Bennett T. Inflation targeting in Canada, New
Zealand, Sweden, the United Kingdom, and in general. 36p.
5607 Mankiw, N. Gregory & Poterba, James M. Stock market yields
and the pricing of municipal bonds. 20p.
5600 Mishkin, Frederic S. Understanding financial crises: a
developing country perspective. 49p.
5602 Petersen, Mitchell A. & Rajan, Raghuram G. Trade credit:
theories and evidence. 41p.
5599 Poterba, James M., Venti, Steven F. & Wise, David A.
Personal retirement saving programs and asset accumulation:
reconciling the evidence. 118p.
5575 Romer, Christina D. Inflation and the growth rate of
output. 39p.
5570 Ruhm, Christopher J. Are recessions good for your health?.
46p.
5576 Sachs, Jeffrey, Tornell, Aaron & Velasco, Andres. Financial
crises in emerging markets: the lessons from 1995. 63p.
5568 Samwick, Andrew A. & Skinner, Jonathan. Abandoning the nest
egg?: 401(k) plans and inadequate pension saving. 38p.
5590 Shapiro, Matthew D. & Wilcox, David W. Mismeasurement in
the consumer price index: an evaluation. 71p.
5552 Whalley, John. Why do countries seek regional trade
agreements?. 36p.
5577 Zucker, Lynne G. & Darby, Michael R. Costly information in
firm transformation, exit, or persistent failure. 26p.
5621 Addison, John T., Fox, Douglas A. & Ruhm, Christopher J.
Trade sensitivity, technology, and labor displacement. 31p.
5586 Alesina, Alberto, et al. Budget institutions and fiscal
performance in Latin America. 42p.
5614 Alesina, Alberto & Bayoumi, Tamim. The costs and benefits
of fiscal rules: evidence from U.S. states. 14p.
5623 Backus, David, Foresi, Silverio & Telmer, Chris. Affine
models of currency pricing. 40p.
5638 Backus, David, Foresi, Silverio & Zin, Stanley. Arbitrage
opportunities in arbitrage-free models of bond pricing.
39p.
5628 Bayoumi, Tamim, Coe, David T. & Helpman, Elhanan. R & D
spillovers and global growth. 36p.
5613 Brewer, Dominic J., Eide, Eric & Ehrenberg, Ronald G. Does
it pay to attend an elite private college?: cross cohort
evidence on the effects of college quality on earning. 21p.
5610 Campbell, John Y. Consumption and the stock market:
interpreting international experience. 63p.
5620 Davis, Donald R. Does European unemployment prop up
American wages?. 32p.
PAGE 90
5636 Davis, Donald R. Technology, unemployment, and relative
wages in a global economy. 27p.
5625 Davis, Donald R., et al. The Heckscher-Ohlin-Vanek model of
trade: why does it fail? When does it work?. 50p.
5627 Debelle, Guy & Lamont, Owen. Relative price variability and
inflation: evidence from U.S. cities. 31p.
5611 De Long, J. Bradford. Keynesianisn, Penssylvania Avenue
style: some economic consequences of the Employment Act of
1946. 25p.
5622 Dunn, Thomas & Holtz-Eakin, Douglas. Financial capital,
human capital, and the transition to self-employment:
evidence from intergenerational links. 30p.
5640 Eichner, Matthew J., McClellan, Mark B. & Wise, David A.
Insurance or self-insurance?: variation, persistence, and
individual health accounts. 53p.
5626 Hellerstein, Judith K., Neumark, David & Troske, Kenneth R.
Wages, productivity, and worker characteristics: evidence
from plant-level production functions and wage equations.
49p.
5619 Johnson, Richard W. & Neumark, David. Age discrimination,
job separations, and employment status of older workers:
evidence from self-reports. 44p.
5637 Jovanovic, Boyan & Ueda, Masako. Contracts and money. 26p.
5635 Laibson, David I. Hyperbolic discount functions,
undersaving and savings policy. 49p.
5616 Lehr, William & Lichtenberg, Frank R. Computer use and
productivity growth in federal government agencies,
1987-1992. 32p.
5615 Levine, Phillip B., et al. Roe vs. Wade and American
fertility. 28p.
5631 Neumark, David & Wascher, William. Is the time series
evidence on minimum wage effects contaminated by publication
bias?. 23p.
5617 Rauch, James E. Networks versus markets in international
trade. 42p.
5618 Rauch, James E. Trade and search: social capital, sogo
shosha, and spillovers. 25p.
5624 Rotemberg, Julio J. Perceptions of equity and the
distribution of income. 40p.
5639 Shin, Hyun-Han & Stulz, Rene M. An analysis of divisional
investment policies. 35p.
5609 Venti, Steven F. & Wise, David A. The wealth of cohorts:
retirement saving and the changing assets of older
Americans. 73p.
5612 Weinstein, David E. Foreign direct investment and keiretsu:
rethinking U.S. and Japanese policy. 45p.
5702 Anderson, Kym. Social policy dimensions of economic
integration: environmental and labour standards. 56p.
5648 Aggarwal, Rajesh & Samwick, Andrew A. Executive
compensation, strategic competition, and relative
performance evaluation: theory and evidence. 67p.
5694 Alesina, Alberto & Spolaore, Enrico. International
conflict, defense spending, and the size of countries. 54p.
5678 Alvarez, Fernando & Atkeson, Andrew. Money and exchange
rates in the Grossman-Weiss-Rotemberg model. 37p.
PAGE 91
5698 Barro, Robert J. Determinants of economic growth: a
cross-country empirical study. 116p.
5655 Bayer, Patrick J., Bernheim, B. Douglas & Scholz, John Karl.
The effects of financial education in the workplace:
evidence from a survey of employers. 37p.
5658 Benabou, Roland. Inequality and growth. 54p.
5667 Bernheim, B. Douglas & Garrett, Daniel M. The determinants
and consequences of financial education in the workplace:
evidence from a survey of households. 52p.
5666 Bernheim, B. Douglas & Whinston, Michael D. Exclusive
dealing. 45p.
5664 Blau, Francine D. Where are we in the economics of gender?:
the gender pay gap. 33p.
5652 Bradford, David F. & Logue, Kyle D. The effects of tax law
changes on prices in the property-casualty insurance
industry. 78p.
5685 Bound, John & Holzer, Harry J. Demand shifts, population
adjustments, and labor market outcomes during the 1980s.
41p.
5676 Canzoneri, Matthew B., Cumby, Robert E. & Diba, Behzad.
Relative labor productivity and the real exchange rate in
the long run: evidence for a panel of OECD countries. 44p.
5687 Card, David. Deregulation and labor earnings in the airline
industry. 56p.
5669 Cawley, John & Philipson, Tomas. An empirical examination
of information barriers to trade in insurance. 53p.
5645 Cawley, John, et al. Measuring the effects of cognitive
ability. 46p.
5703 Christiano, Lawrence J. & Harrison, Sharon G. Chaos,
sunspots, and automatic stabilizers. 64p.
5691 Cooper, Russell & Johri, Alok. Dynamic complementarities: a
quantitative analysis. 51p.
5675 Cumby, Robert E. Forecasting exchange rates and relative
prices with the hamburger standard: is what you want what
you get with Mcpa. 18p.
5690 Dominitz, Jeff & Manski, Charles F. Perceptions of economic
insecurity: evidence from the Survey of Economic
Expectations. 37p.
5656 Dunne, Timothy, Haltiwanger, John & Troske, Kenneth R.
Technology and jobs; secular changes and cyclical dynamics.
75p.
5681 Eichengreen, Barry, Rose, Andrew K. & Wyplosz, Charles.
Contagious currency crises. 48p.
5649 Eisenberg, Theodore & Farber, Henry S. The litigious
plaintiff hypothesis: case selection and resolution. 34p.
5646 Engel, Charles. Long-run purchasing power parity may not
hold after all. 49p.
5700 Frankel, Jeffrey A. & Rose, Andrew K. The endogeneity of
the optimum currency area criteria. 33p.
5647 Gangadharan, Jaisri & Rosenbloom, Joshua L. The effects of
child-bearing on married women's labor supply and earnings:
using twin births as a natural experimen. 28p.
5673 Goldberg, Pinelopi K. The effects of the corporate average
fuel efficiency standards. 54p.
PAGE 92
5650 Goldfajn, Ilan & Valdes, Rodrigo O. The aftermath of
appreciations. 52p.
5657 Goldin, Claudia & Katz, Lawrence F. The origins of
technology-skill complementarity. 38p.
5641 Goulder, Lawrence H., Parry, Ian W.H. & Burtraw, Dallas.
Revenue raising vs. other approaches to environmental
protection: the critical significance of pre-existing tax
dis. 44p.
5653 Gropp, Reint, Scholz, John Karl & White, Michelle. Personal
bankruptcy and credit supply and demand. 46p.
5683 Hassett, Kevin A. & Hubbard, R. Glenn. Tax policy and
investment. 63p.
5630 Haurin, Donald R., Hendershott, Patric H. & Wachter, Susan
M. Borrowing constraints and the tenure choice of young
households. 29p.
5629 Haurin, Donald R., Hendershott, Patric H. & Wachter, Susan
M. Expected home ownership and real wealth accumulation of
youth. 28p.
5643 Hoynes, Hilary W. Local labor markets and welfare spells:
do demand conditions matter?. 51p.
5644 Hoynes, Hilary W. Work, welfare, and family structure: what
have we learned?. 58p.
5686 Hubbard, R. Glenn & Skinner, Jonathan S. Assessing the
effectiveness of saving incentives. 37p.
5665 Irwin, Douglas A. Changes in U.S. tariffs: prices or
policies?. 28p.
5651 Jovanovic, Boyan & Nyarko, Yaw. Stepping stone mobility.
39p.
5679 Katz, Lawrence F. Wage subsidies for the disadvantaged.
45p.
5670 Kimura, Fukunari & Baldwin, Robert E. Application of
nationality-adjusted net sales and value added framework:
the case of Japan. 37p.
5674 Kremer, Michael & Morcom, Charles. Elephants. 44p.
5680 Krishna, Kala & Morgan, John. Implementing results-oriented
trade policies: the case of the U.S.-Japanese auto parts
dispute. 57p.
5671 Lamont, Owen. Earnings and expected returns. 47p.
5689 Lanjouw, Jean O. & Lerner, John. Preliminary injunctive
relief: theory and evidence from patent litigation. 42p.
5661 La Porta, Rafael, et al. Law and finance. 79p.
5672 Lazear, Edward P. Performance pay and productivity. 34p.
5668 Lichtenberg, Frank & van Pottelsberghe de la Potterie,
Bruno. International R & D spillovers: a re-examination.
24p.
5697 Matsuyama, Kiminori. Why are there rich and poor
countries?: symmetry-breaking in the world economy. 28p.
5663 Morton, Fiona Scott. Entry and predation: British shiping
cartels 1879-1929. 44p.
5662 Mullin, Joseph C. & Mullin, Wallace P. U.S. Steel's
acquisition of the Great Northern Ore's properties: vertical
foreclosure or efficient contractual gove. 73p.
5642 Nechyba, Thomas J. Public school finance in a general
equilibrium Tiebout world: equalization programs, peer
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PAGE 93
5654 Parsley, David C. & Wei, Shang-Jin. Convergence to the law
of one price without trade barriers of currency
fluctuations. 40p.
5677 Poterba, James M. Demographic structure and the political
economy of public education. 37p.
5692 Romer, Christina D. & Romer, David H. Federal reserve
private information and the behavior of interest rates.
51p.
5634 Rotemberg, Julio J. & Woodford, Michael. Imperfect
competition and the effects of energy price increases on
economic activity. 42p.
5688 Ruhm, Christopher J. The economic consequences of parental
leave mandates: lessons from Europe. 46p.
5699 Schwartz, Anna J. From obscurity to notoriety: a biography
of the Exchange Stabilization Fund. 36p.
5695 Spencer, Barbara J. Quota licenses for imported capital
equipment: could bureaucrats ever do better than the
market?. 38p.
5660 Woodford, Michael. Loan commitments and optimal monetary
policy. 31p.
5730 Alesina, Alberto & Perotti, Roberto. Fiscal adjustments in
OECD countries: composition and macroeconomic effects. 46p.
5752 Andersen, Torben G. & Bollerslev, Tim. Heterogeneous
information arrivals and return volatility dynamics:
uncovering the long run in high frequency return. 42p.
5748 Apte, Prakash, Servu, Piet & Uppal, Raman. The equilibrium
approach to exchange rates: theory and tests. 42p.
5725 Bartolini, Leonardo & Drazen, Allan. Capital account
liberalization as a signal. 38p.
5746 Berry, Steven, Kortum, Samuel & Pakes, Ariel. Environmental
change and hedonic cost functions for automobiles. 16p.
5747 Black, Stanley W. Issues in Korean exchange rate policy.
26p.
5710 Bordo, Michael D. & Schwartz, Anna J. Why clashes between
internal and external stability goals end in currency
crises, 1797-1994. 52p.
5726 Bresnahan, Timothy F., Stern, Scott & Trajtenberg, Manuel.
Market segmentation and the sources of rents from
innovation: personal computes in the late 1980s. 50p.
5701 Card, David & Robins, Philip K. Do financial incentives
encourage welfare recipients to work?: evidence from a
randomized evaluation of the Self-Su. 64p.
5708 Card, David & Krueger, Alan. School resources and student
outcomes: an overview of the literature and new evidence
from No & So Carolina. 34p.
5740 Chaloupka, Frank J. & Grossman, Michael. Price, tobacco
control policies and youth smoking. 39p.
5709 Chinn, Menzie & Johnston, Louis. Real exchange rate levels,
productivity and demand shocks: evidence from a panel of 14
countries. 36p.
5715 Clerides, Sofronis, Lach, Saul & Tybout, James. Is
"learning-by-exporting" important?: microdynamic evidence
from Colombia, Mexico and Morocco. 57p.
5737 Cullen, Julie Berry & Levitt, Steven D. Crime, urban
flight, and the consequences for cities. 44p.
PAGE 94
5706 Davis, Donald R. & Weinstein, David E. Does economic
geography matter for international specialization. 61p.
5714 Frankel, Jeffrey A. & Schmukler, Sergio L. Country fund
discounts, asymmetric information and the Mexican crisis of
1994: did local residents turn pessimistic. 43p.
5732 Frankel, Jeffrey A., Romer, David & Cyrus, Teresa. Trade
and growth in East Asian countries: cause and effect?. 39p.
5721 Gali, Jordi. Technology, employment, and the business
cycle: do technology shocks explain aggregate fluctuations?.
53p.
5705 Gibbons, Robert. Incentives and careers in organizations.
35p.
5735 Gordon, Robert J. The time-varying NAIRU and its
implications for economic policy. 52p.
5704 Grossman, Herschel I. & Kim, Minseong. Inequality,
predation and welfare. 23p.
5713 Grossman, Michael, Chaloupka, Frank J. & Brown, Charles C.
The demand for cocaine by young adults: a rational addiction
approach. 61p.
5738 Gruber, Jonathan. Cash welfare as a consumption smoothing
mechanism for single mothers. 43p.
5729 Hao, Li. Unraveling in assignment markets. 33p.
5722 Harrigan, James. Technology, factor supplies and
international specialization: estimating the neoclassical
model. 39p.
5711 Hovakimian, Armen & Kane, Edward J. Risk-shifting by
federally insured commercial banks. 30p.
5724 Hunt, Jennifer. Has work sharing worked in Germany?. 37p.
5716 Hunt, Jennifer. The response of wages and actual hours
worked to the reduction of standard hours in Germany. 49p.
5712 Jaffe, Adam B. & Trajtenberg, Manuel. Flows of knowledge
from universities and federal labs: modeling the flow of
patent citations over time and across i. 29p.
5718 Kremer, Michael & Maskin, Eric. Wage inequality and
segregation by skill. 61p.
5723 Kwan, Yum K. & Lui, Francis T. Hong Kong's currency board
and changing monetary regimes. 38p.
5696 Markusen, James R., et al. A unified treatment of
horizontal direct investment, vertical direct investment and
the pattern of trade in goods a. 36p.
5728 Metrick, Andrew & Zeckhauser, Richard. Price versus
quantity: market clearing mechanisms when sellers differ in
quality. 39p.
5707 Mitchell, Olivia, Olson, Jan & Steinmeier, Thomas.
Construction of the Earnings and Benefits File (EBF) for use
with the Health and Retirement Survey. 56p.
5717 Morton, Fiona Scott. The strategic response by
pharmaceutical firms to the Medicaid most favored customer
rules. 38p.
5733 Neumark, David & Gardecki, Rosella. Women helping women?:
role-model and mentoring effects on female Ph.D. students in
economics. 35p.
5736 Papke, Leslie E. Are 401(k) plans replacing other
employee-provided pensions?: evidence from panel data. 40p.
PAGE 95
5719 Svensson, Lars E.O. Price-level targeting vs. inflation
targeting: a free lunch?. 28p.
5720 Takagi, Shinji. The Yen and its East Asian neighbors,
1980-95: cooperation or competition?. 39p.
5742 Taylor, Alan M. International capital mobility in history:
purchasing power parity in the long run. 41p.
5743 Taylor, Alan M. International capital mobility in history:
the saving-investment relationship. 53p.
5684 Woodford, Michael. Control of the public debt: a
requirement for price stability?. 35p.
5783 Andersen, Torben G. & Bollerslev, Tim. DM-dollar
volatility: intraday activity patterns, macroeconomic
announcements, and longer run dependencies. 67p.
5727 Bartolini, Leonardo & Drazen, Allan. When liberal policies
reflect external shocks, what do we learn?. 36p.
5764 Bernanke, Ben S. & Mihov, Ilian. What does the Bundesbank
target?. 50p.
5781 Bloom, David E., Conrad, Cecilia & Miller, Cynthia. Child
support and fathers' remarriage and fertility. 47p.
5754 Bradford, David F. Fixing capital gains: symmetry,
consistency and correctness in the taxation of financial
instruments. 80p.
5757 Caballero, Ricardo J. & Hammour, Mohamad L. The
macroeconomics of specificity. 46p.
5767 Campbell, Jeffrey R. & Fisher, Jonas D.M. Aggregate
employment fluctuations with microeconomic asymmetries.
28p.
5763 Carliner, Geoffrey. The wages and language skills of U.S.
immigrants. 32p.
5782 Carlton, Dennis W. A critical assessment of the role of
imperfect competition in macroeconomics. 38p.
5788 Carroll, Christopher D. Buffer-stock saving and the life
cycle/permanent income hypothesis. 63p.
5786 Cecchetti, Stephen G. Measuring short-run inflation for
central bankers. 26p.
5750 Cutler, David M., et al. Are medical prices declining?.
54p.
5751 Cutler, David M. & McClellan, Mark. The determinants of
technological change in heart attack treatment. 45p.
5775 Davis, Steven J. & Haltiwanger, John. Driving forces and
employment fluctuations. 59p.
5755 Desai, Mihir A. & Hines, James R. "Basket" cases:
international joint ventures after the Tax Reform Act of
1986. 41p.
5756 Edwards, Sebastian. The determinants of the choice between
fixed and flexible exchange-rate regimes. 24p.
5766 Engel, Charles. A model of foreign exchange rate
indetermination. 22p.
5777 Engel, Charles & Kim, Chang-Jin. The long-run U.S./U.K.
real exchange rate. 37p.
5759 Engen, Eric M., Gale, William G. & Scholz, John Karl. The
effects of tax-based saving and wealth. 79p.
5659 Evans, George, Honkapohja, Seppo & Romer, Paul. Growth
cycles. 49p.
PAGE 96
5761 Feldstein, Martin & Samwick, Andrew. The transition path in
privatizing social security. 51p.
5789 Flood, Robert P. & Marion, Nancy P. Speculative attacks:
fundmentals and self-fulfilling prophecies. 31p.
5739 Gordon, Robert J. Macroeconomic policy in the presence of
structural maladjustment. 57p.
5779 Gorton, Gary & Grundy, Bruce D. Executive compensation and
the optimality of managerial entrenchment. 55p.
5770 Greenstein, Shane M. & Spiller, Pablo T. Estimating the
welfare effects of digital infrastructure. 54p.
5785 Heckman, James J. & Snyder, James M. Linear probability
models of the demand for attributes with an application to
estimating the preferences of legisla. 71p.
5773 Helpman, Elhanan & Trajtenberg, Manuel. Diffusion of
general purpose technologies. 42p.
5745 Joskow, Paul L., Schmalensee, Richard & Bailey, Elizabeth M.
Auction design and the market for sulfur dioxide emissions.
45p.
5776 Kotlkioff, Laurence J. Simulating the privatization of
social security in general equilibrium. 63p.
5769 Krueger, Alan B. Do markets respond more to more reliable
labor market data?: a test of market rationality. 27p.
5741 Lanjouw, Jean O., Pakes, Ariel & Putnam, Jonathan. How to
count patents and value intellectual property: uses of
patent renewal and application data. 31p.
5753 Lerner, Josh. The government as venture capitalist: the
long-run impact of the Small Business Innovation Research
program. 43p.
5731 Lin, Kenneth S. Private consumption, non-traded goods and
real exchange rate: a cointegration Euler equation approach.
33p.
5734 Mitchell, Olivia S. Administrative costs in public and
private retirement systems. 69p.
5774 Moffitt, Robert, Ribar, David & Wilhelm, Mark. The decline
of welfare benefits in the U.S.: the role of wage
inequality. 46p.
5772 Persson, Mats, Persson, Torsten & Svensson, Lars E.O. Debt,
cash flow and inflation incentives: a Swedish example. 41p.
5784 Pesenti, Paolo & van Wincoop, Eric. Do nontraded goods
explain the home bias puzzle?. 33p.
5760 Philipson, Tomas & Becker, Gary S. Mortality contingent
claims, health care, and social insurance. 27p.
5762 Poterba, James M. & Wise, David A. Individual financial
decisions in retirement saving plans and the provision of
resources for retirement. 53p.
5765 Predergast, Canice & Stole, Lars. Non-monetary exchange
within firms and industry. 27p.
5758 Rajan, Raghuram G. & Zingales, Luigi. Financial dependence
and growth. 46p.
5780 Sales-Sarrapy, Carlos, Solis-Soberon, Fernando &
Villagomez-Amezcua, Alejandro. Pension system reform: the
Mexican case. 70p.
5749 Wang, Kuo-Kiang & Wu, Chung-Shu. Exchange rate pass-through
and industry characteristics: the case of Taiwan's exports
of midstream petrochemical pr. 28p.
PAGE 97
5768 Whalley, John. Trade and environment beyond Singapore.
45p.
5787 Wu, Hsiu-Ling. Testing for the fundamental determinants of
the long-run real exchange rate: the case of Taiwan. 29p.
5771 Zhang, Zhaoyong. The exchange value of the Renminbi and
China's balance of trade: an empirical study. 26p.
5810 Altshuler, Rosanne & Grubert, Harry. Balance sheets,
multinational financial policy, and the cost of capital at
home and abroad. 47p.
5778 Angrist, Joshua D. & Evans, William N. Children and their
parents' labor supply: evidence from exogenous variation in
family size. 43p.
5807 Angrist, Joshua D. & Lavy, Victor. The effect of teen
childbearing and single parenthood on childhood disabilities
and progress in school. 28p.
5800 Branstetter, Lee. Are knowledge spillovers international or
intranational in scope?: microeconometric evidence from the
U.S. & Japan. 40p.
5793 Bryan, Michael F. & Cecchetti, Stephen G. Inflation and the
distribution of price changes. 17p.
5809 Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R. Sticky
price models of the business cycle: can the contract
multiplier solve the persistence problem?. 30p.
5804 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Sticky prices and limited participation models of money:
a comparison. 57p.
5805 Currie, Janet & Thomas, Duncan. Does Head Start help
Hispanic children?. 41p.
5795 Darby, Michael R. & Zucker, Lynne G. Star scientists,
institutions, and the entry of Japanese biotechnology
entreprises. 42p.
5792 den Haan, Wouter J. Understanding equilibrium models with a
small and a large number of agents. 43p.
5799 Edey, Malcolm & Simon, John. Australia's retirement income
system implications for saving and capital markets. 35p.
5794 Edwards, Sebastian. A tale of two crises: Chile and Mexico.
37p.
5790 Good, David H., Nadiri, M. Ishaq & Sickles, Robin C. Index
number and factor demand approaches to the estimation of
productivity. 88p.
5803 Leamer, Edward E. Effort, wages, and the international
division of labor. 50p.
5808 Levinsohn, James. Firm heterogeneity, jobs, and
international trade: evidence from Chile. 30p.
5791 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
sustainability: selected East Asian and Latim American
experiences. 61p.
5801 Nadiri, M. Ishaw & Kim, Seongjun. International R & D
spillovers, trade and productivity in major OECD countries.
36p.
5802 Prendergast, Canice. What happens within firms?: a survey
of empirical evidence on compensation policies. 35p.
5797 Svensson, Lars E.O. Inflation forecast targeting:
implementing and monitoring inflation targets. 37p.
PAGE 98
5798 Taylor, Alan M. Convergence and international factor flows
in theory and history. 35p.
5806 Taylor, Alan M. Sources of convergence in the late
ninteenth century. 31p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Technical Papers.
192 Diebold, Francis & Lopez, Jose A. Forecast evaluation and
combination. 47p.
195 den Haan, Wouter J. & Levin, Andrew. Inferences from
parametric and non-parametric covariance matrix estimation
procedures. 42p.
194 Diebold, Francis X. & Schuermann, Til. Exact maximum
likelihood estimation of observation-driven econometric
models. 23p.
197 den Haan, Wouter J. & Levin, Andrew T. A practitioner's
guide to robust covariance matrix estimation. 56p.
203 Durlauf, Steven N. Statistical mechanics approaches to
socioeconomic behavior. 35p.
198 Stock, James H. & Wright, Jonathan. Asymptotics for GMM
estimators with weak instruments. 41p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
83 Doran, Howard E. & Rambaldi, Alicia N. Applying linear
time-varying constraints to econometric models: an
application of the Kalman filter. 19p.
80 Griffiths, William E. & Valenzuela, M. Rebecca. Maximum
likelihood estimation of household equivalence scales from
an extended linear expenditure system: applicati. 29p.
82 Rambaldi, Alicia N., Auld, Tony & Baldry, Jonathan.
Unemployment, GDP, and crime rate: the short and long-run
relationship for the Australian case. 16p.
79 Valenzuela, M. Rebecca. Engel scales for Australia, the
Philippines and Thailand: a comparative analysis. 19p.
81 Wan, Alan T.K. & Griffiths, William E. Bayesian estimation
of the linear regression model with an uncertain interval
constraint on coefficients. 12p.
85 McConnell, Chai, Rambaldi, Alicia & Fleming, Euan. New
Guinea gold or bust: detection of trends in the quality of
coffee exports in Papua New Guinea. 23p.
84 Tessema, Getachew A., Doran, Howard & Griffiths, William.
An improved Heckman estimator for the Tobit model. 21p.
86 Battese, George E. On the estimation of production
functions involving explanatory variables which have zero
values. 6p.
87 Griffiths, William & Valenzuela, Rebecca. Bayesian
estimation of some Australian ELES-based equivalance scales.
27p.
89 O'Donnell, C.J. Inefficiency, uncertainty, and the
structure of cost, cost-share and input demand functions.
15p.
88 Rambaldi, Alicia N. & Doran, Howard E. Testing for Granger
non-causality in cointegrated systems made easy. 22p.
PAGE 99
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
9545 Fox, Kevin J. White noise and other experiments on
augmented Dickey-Fuller tests. 38p.
9547 Gans, Joshua S. Fixed cost assumptions in industrialisation
theories. 14p.
9546 Gans, Joshua S. Industrialisation with specialisation and
modernisation: static and dynamic calibrations. 32p.
9543 Kemp, Murray C. & Van Long, Ngo. On the evaluation of
social income in a dynamic economy: generalizations. 15p.
9544 Kriesler, Peter & Halevi, Joseph. Asia, Japan and the
internationalization of effective demand. 26p.
9542 Truong, Cong Nghe & Tran-Nam, Binh. Perpetual growth in an
aggregative model with endogenous human capital
accumulation. 30p.
96-6 Alaouze, Chris M. & Whelan, Stephen P. Economic efficiency
and property rights issues in the management of rural water.
28p.
96-9 Bewley, Ronald & Yang, Minxian. On the size and power of
system tests for cointegration. 19p.
9611 Cumberworth, Matthew & Milbourne, Ross. Do trading blocs
liberalise world trade?. 25p.
96-4 Diewert, W.E. Sources of bias in consumer price indexes.
19p.
96-7 Fox, Kevin J. Measuring technical progress in matching
models of the labour market. 15p.
96-1 Fox, Kevin J. & Hill, Robert J. Improving the sensitivity
of data envelopment analysis by reducing dimensionality.
14p.
96-2 Gans, Joshua S. Competing for public goods and private
business. 19p.
96-3 Nevile, John W. What would Keynes have thought of the
development of ISLM?. 34p.
9610 Otto, Glen D. & Voss, Graham M. Is public capital provision
efficient?. 25p.
96-8 Perkins, John & Meredith, David. Managerial development in
retailing: the department and the chain store, 1890-1940.
22p.
96-5 Voss, Graham M. Public investment in Canada. 23p.
9613 Bradley, Rebecca & Gans, Joshua. Growth in Australian
cities. 25p.
9612 Crosby, Mark & Otto, Glen. Inflation and the capital stock.
38p.
9616 Gans, Joshua & Quiggin, John. Large and small firms. 35p.
9614 Perkins, John. A clash of values: coinage in New Guinea
between the world wars. 15p.
9615 Pezanis-Christou, Paul. Sequential auctions with supply
uncertainty. 28p.
9618 Alaouze, Chris M. Shadow prices in linear programming
problems. 20p.
9619 Conlon, Robert M. & Perkins, John. The political economy of
assistance to the motor vehicle industry in interwar
Australia. 45p.
PAGE 100
9620 Crosby, Mark. Central bank independence and output
variability. 18p.
9617 Morrison, Catherine J. Technology, trade and economic
performance in the food industries: the case of U.S. and
Australian meat processing. 35p.
9621 Robertson, Peter E. Growth in developing America: an
analysis using a calibrated endogenous growth model. 42p.
9622 Warren, Neil. Australian taxation in the context of our
broader economic and trading priorities. 27p.
NEW YORK UNIVERSITY. Center for Applied Economics.
9531 Frydman, Roman, Pistor, Katharina & Rapaczynski, Andrezej.
Investing in insider-dominated firms: a study of Russian
voucher privatization funds. 89p.
9530 Goldberg, Michael D. & Frydman, Roman. Imperfect knowledge
and behaviour in the foreign exchange market. 37p.
9532 Merlo, Antonio & Schotter, Andrew. A surprise-quiz view of
learning in economic experiments. 30p.
9533 Mitra, Tapan & Ok, Efe A. On the measurement of economic
poverty. 29p.
9527 Schotter, Andrew, Snyder, Blaine & Zheng, Wei. Bargaining
through agents: an experimental study of delegation and
commitment. 60p.
9612 Benhabib, Jess & Farmer, Roger E.A. Indeterminacy and
sector-specific externalities. 41p.
9608 Benoit, Jean-Pierre & Krishna, Vijay. The folk theorems for
repeated games: a synthesis. 35p.
96-4 Brams, Steven J. & Togman, Jeffrey M. Camp David: was the
agreement fair?. 22p.
9603 Brams, Steven J. & Togman, Jeffrey M. The dynamics of the
Northern Ireland condition. 13p.
9606 Brams, Steven J. & Taylor, Alan D. A procedure for divorce
settlements. 26p.
9609 Brams, Steven J., Kilgour, D. Marc & Zwicker, William S.
The paradox of multiple elections. 37p.
9610 Denoon, David & Brams, Steven J. Fair division: a new
approach to the Spratly Islands controversy. 41p.
9602 Corns, Allan & Schotter, Andrew. Can affirmative action be
cost effective?: an experimental examination of price
preference auctions. 40p.
9605 Fields, Gary S. & Ok, Efe A. The measurement of income
mobility: an introduction to the literature. 40p.
9607 Flinn, Christopher J. On the job search with information
obsolescence. 38p.
9601 Glazer, Jacob & Rubinstein, Ariel. What motives should
guide referees?: on the design of mechanisms to elicit
opinions. 23p.
9611 Nadiri, M. Ishaq & Kim, Seongjun. R & D, production
structure and productivity growth: a comparison of U.S.,
Japanese & Korean manufacturing sectors. 38p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9521 Cumby, Robert E. & Evans, Martin D.D. The term structure of
credit risk: estimates and specification tests. 29p.
PAGE 101
9524 Economides, Nicholas & White, Lawrence J. Access and
intereconnection pricing: how efficient is the "efficient
component pricing rule"?. 22p.
9526 Economides, Nicholas & Himmelberg, Charles. Critical mass
and network size with application to the U.S. fax market.
38p.
9525 Economides, Nicholas & Wildman, Steven S. Monopolistic
competition with two-part tariffs. 27p.
9522 Evans, Martin D.D. Dividend variability and stock market
swings. 44p.
9527 Nye, Richard B. & Smith, Roy C. Event investing. 17p.
9523 Smith, Roy C. & Walter, Ingo. Rethinking emerging markets.
28p.
9528 Chidambaran, N.K. & Figlewski, Stephen. Streamlining Monte
Carlo simulation with the quasi-analytic method: an analysis
of a path-dependent option strategy. 39p.
9532 Economides, Nicholas. The incentive of a multiproduct
monopolist to provide all goods. 5p.
9533 Economides, Nicholas & Flyer, Frederick. Technical
standards coalition for network goods. 32p.
9531 Grilli, Vittorio & Roubini, Nouriel. Liquidity and exchange
rates: puzzling evidence from the G-7 countries. 45p.
9530 Grilli, Vittorio & Roubini, Nouriel. Liquidity models in
open economies: theory and empirical evidence. 15p.
9529 Lopomo, Guiseppe. Optimality and robustness of the English
auction. 43p.
9618 Allayannis, George & Ofek, Eli. Exchange rate exposure,
hedging, and the use of foreign currency derivatives. 31p.
96-6 Altman, Edward I. & Kishore, Vellore. Recoveries of
defaulted bonds: by industry and debt seniority. 21p.
96-2 Altman, Edward I. & Kishore, Vellore. Report on defaults
and returns on high yield bonds: analysis through 1995.
26p.
96-1 Altman, Edward I. & Morris, Anthony C. Report on the
investment performance of defaulted bonds for 1987-1995 and
market outlook. 22p.
9610 Altman, Edward I., Eberhart, Allan C. & Aggarawal, Reena.
The equity performance of firms emerging from bankruptcy.
30p.
9620 Berger, Philip G. & Ofek, Eli. Causes and effects of
corporate refocusing programs. 40p.
9612 Berger, Philip G., Ofek, Eli & Swary, Itzhak. Investor
valuation of the abandonment option. 44p.
9617 Berger, Philip G., Ofek, Eli & Yermack, David L. Managerial
entrenchment and capital structure decisions. 35p.
96-7 Carpenter, Jennifer N. The optimal dynamic investment
policy for a fund manager compensated with an incentive fee.
17p.
96-8 Carpenter, Jennifer N. The valuation and exercise of
executive stock options. 34p.
9619 Chatterjee, Sris, Dhillon, Upinder S. & Ramirez, Gabriel G.
Resolution of financial distress: debt restructuring via
Chapter 11, prepackaged bankruptcies, and workouts. 28p.
9614 Dhillon, Upinder S., Noe, Thomas & Ramirez, Gabriel G. Bond
calls, credible committment, and equity dilution: a
theoretical and clinical analysis of simultaneous tender a.
40p.
PAGE 102
9611 Dhillon, Upinder S., Noe, Thomas & Ramirez, Gabriel G.
Debtor in possession financing and the resolution of
uncertainty in Chapter 11 reorganizations. 37p.
96-9 Economides, Nicholas & White, Lawrence J. The inefficiency
of the efficient component pricing rule yet again: a reply
to Larson. 17p.
9616 Figlewski, Stephen. Remembering Fischer Black. 5p.
96-5 Ho, T.S., Stapleton, Richard C. & Subrahmanyam, Marti G.
The valuation of American options with stochastic interest
rates: a generalization of the Geske-Johnson technique.
23p.
9613 Huang, Jing-Zhi & Yu, G. George. Pricing and hedging
American options: a recursive integration method. 26p.
9615 Lynch, Anthony W. & Mendenhall, Richard R. New evidence on
stock price effects associated with changes in the S & P 500
index. 46p.
96-4 Subrahmanyam, Marti G. The term structure of interest
rates: alternative approaches and implications for the
valuation of contingent claim. 31p.
96-3 White, Lawrence J. Banking, mergers, and antitrust:
historical perspectives, and the research tasks ahead. 16p.
9634 Altman, Edward I. & Narayanan, Paul. Business failure
classification models: an international survey. 69p.
9639 Angbazo, Lazarus & Saunders, Anthony. The effect of "too
big to fail" deregulation on bank cost of funds. 31p.
9638 Angbazo, Lazarus, Mei, Jianping & Saunders, Anthony. Credit
spreads in the market for highly leveraged transaction
loans. 42p.
9623 Backus, David, Foresi, Silverio & Telmer, Chris. Affine
models of currency pricing. 36p.
9622 Bhabra, Harjeet S., Dhillon, Upinder S. & Ramirez, Gabriel
R. A November effect?: revisting the tax-loss selling
hypothesis. 34p.
9636 Brown, Stephen J. & Pope, Peter F. Post-earnings
announcement drift?. 43p.
9637 Brown, Stephen, et al. Rejoinder the J-shape of performance
persistence given survivorship bias. 11p.
9625 Choi, Jongmoo Jay, Elyasiani, Elyas & Saunders, Anthony.
Derivative exposure and the interest rate and exchange rate
risks of U.S. banks. 30p.
9621 Dhillon, Upinder S., Emery, Douglas R. & Ramirez, Gabriel G.
Capital structure management when firms issue securities.
32p.
9624 Evans, Martin D.D. Index-linked debt and the real term
structure: new estimates and implication from the U.K. bond
market. 49p.
9628 Fluck, Zsuzsanna. The optimality of debt versus outside
equity. 49p.
9627 Fluck, Zsuzsanna, John, Kose & Ravid, S. Abraham.
Privatizing in stages and the dynamics of ownership
structures. 30p.
9626 Fluck, Zsuzsanna, Johm, Kose & Ravid, S. Abraham.
Privatization with political constraints: auctions versus
private negotiations. 42p.
PAGE 103
9633 Franke, Gunter, Stapleton, Richard C. & Subrahmanyam, Marti
G. The size of background risk and the theory of risk
bearing. 24p.
9632 Franke, Gunter, Stapleton, Richard C. & Subrahmanyam, Marti
G. Who buys and who sells options: the role and pricing of
options in an economy with background risk. 33p.
9631 Kahan, Marcel & Yermack, David. Investment opportunities
and the design of debt securities. 24p.
9635 Whitelaw, Robert F. Risk and return: an equilibrium
approach. 30p.
9629 Yermack, David. Companies' modest claims about the value of
CEO stock option awards. 32p.
9630 Yermack, David. Good timing: CEO stock option awards and
company news announcements. 44p.
9640 Altman, Edward I. & Saunders, Anthony. Credit risk
measurement: developments over the last 20 years. 38p.
9641 Barnea, Emanuel & Landskroner, Yoram. Interest bearing
deposits, the demand for money and the choice of monetary
aggregates. 42p.
9643 Freed, March S., Garcia, Hector & Lerohl, Randi. Measuring
the non-linearity of fixed income securities. 23p.
9642 Gao, Bin, Huang, Jing-zhi & Subrahmanyam, Marti G. An
analytical approach to the valuation of American
path-dependent options. 41p.
9646 Ho, T.S., Stapleton, Richard C. & Subrahmanyam, Marti G.
The valuation of American options with stochastic interest
rates: a generalization of the Geske-Johnson technique.
23p.
9644 Horvitz, Paul M. & White, Lawrence J. The challenge of the
new electronic technologies in banking: private strategies
and public policies. 29p.
9645 White, Lawrence J. Technological change, financial
innovation, and financial regulation in the U.S.: the
challenges for public policy. 44p.
NEW YORK UNIVERSITY. Stern School of Business.
9521 Corsetti, Giancarlo & Roubini, Nouriel. Politically
motivated fiscal deficits: policy issues in closed and open
economies. 46p.
9520 Katz, Barbara G. & Owen, Joel. Optimal voucher
privatization fund bids: when bidding affects firm
performance. 27p.
9519 Wachtel, Paul. Foreign banking in the Central European
economies in transition. 66p.
9601 Easterly, William & Wolf, Holger C. The wild ride of the
ruble. 21p.
9607 Economides, Nicholas & White, Lawrence J. The inefficiency
of the efficient component pricing rule (ECPR) yet again: a
reply to Larson. 17p.
9602 Ghosh, Atish R. & Wolf, Holger C. On the mark(s): optimum
currency areas in Germany. 21p.
9605 Green, Gordon R. Market institutions and allocations. 17p.
9606 White, Lawrence J. U.S. public policy toward network
industries. 53p.
PAGE 104
9604 Wolf, Holger C. Currency baskets as international units of
account. 24p.
9603 Wolf, Holger C. Savings in Eastern Europe. 22p.
9609 Evans, Martin D.D. Index-linked debt and the real term
structure: new estimates and implications from the U.K. bond
market. 49p.
9608 Katz, Barbara G. & Owen, Joel. The investment choices of
voucher holders and their impact on privatized firm
performance. 37p.
9610 Ansari, Asim, Economides, Nicholas & Steckel, Joel. The
max-min principle of product differentiation. 38p.
9611 Greene, William H. Marginal effects in the bivariate probit
model. 6p.
9614 Economides, Nicholas, Lopomo, Guiseppe & Woroch, Glenn.
Regulatory pricing rules to neutralize network dominance.
19p.
9615 Katz, Barbara G. & Owen, Joel. On the desirability of
big-bang reforms. 17p.
9612 White, Lawrence J. The rise and fall of dominant firms in
the U.S. automobile industry: a twice told tale. 38p.
UNIVERSITY OF NORTH CAROLINA. Department of Economics.
95-2 Mroz, Thomas A. & Guilkey, David K. Discrete factor
approximations for use in simultaneous equation models with
both continuous and discrete endogenous. 54p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1140 Al-Najjar, Nabil I. Factor structures and arbitrage pricing
in large asset markets. 36p.
1143 Al-Najjar, Nabil I. Incentive contracts in two-sided moral
hazards with multiple agents. 23p.
1142 Barbera, Salvador, Jackson, Matthew O. & Neme, Alejandro.
Strategy-proof allotment rules. 20p.
1146 Gilboa, Itzhak & Pazgal, Amit. History dependent brand
switching: theory and evidence. 35p.
1138 Jackson, Matthew & Kalai, Ehud. Social learning in
recurring games. 37p.
1137 Jones, Michael A. The classification of continuation
probabilities. 12p.
1136 Jones, Michael A. Cones of cooperation for indefinitely
repeated, generalized prisoner's dilemma games. 17p.
1141 Kalai, Ehud. Games, computers, and operations research.
6p.
1144 Kalai, Ehud, Lehrer, Ehud & Smorodinsky, Rann. Calibrated
forecasting and merging. 18p.
1145 Miravete, Eugenio J. Screening consumers through
alternative pricing mechanisms. 30p.
1135 Poitevin, Michel. Contract regulation and organizational
design. 49p.
1139 Shavell, Steven & Spier, Kathryn. Threats without binding
commitment. 15p.
1147 Pesendorfer, Wolfgang & Swinkels, Jeroen M. The loser's
curse and information aggregation in common value auctions.
35p.
PAGE 105
1148 Bagwell, Kyle & Ramey, Garey. Coordination economies,
sequential search and advertising. 51p.
1150 Bagwell, Kyle & Staiger, Robert W. Reciprocal trade
liberalization. 50p.
1156 Bagwell, Kyle & Staiger, Robert W. Strategic export
subsidies and reciprocal trade agreements: the natural
monopoly case. 31p.
1151 Jackson, Matthew & Kalai, Ehud. Recurring bullies,
trembling and learning. 15p.
1152 Marinacci, Massimo. Decomposition and representation of
coalitional games. 24p.
1157 Miravette, Eugenio J. Time-consistent protection of an
infant-industry: the symmetric oligopoly case. 24p.
1153 Moselle, Boaz. Efficiency wages and the hours/umemployment
trade-off. 28p.
1154 Myerson, Roger B. John Nash's contributions to economics.
14p.
1155 Myerson, Robert B. Economic analysis of political
institutions: an introduction. 31p.
1149 Persico, Nicola. Information acquisition in affiliated
decision problems. 36p.
1160 Al-Najjar, Nabil. Aggregation and the law of large numbers
in economies with a continuum of agents. 29p.
1164 Al-Najjar, Nabil. On the robustness of factor structures to
asset repackaging. 15p.
1165 Bollt, Erik M. & Jones, Michael A. Developing symbolic
dynamics to measure the complexity of repeated game
strategies by topological entropy. 19p.
1159 Klibanoff, Peter. Characterizing uncertainty aversion
through preference for mixtures. 17p.
1161 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
How proper is sequential equilibrium?. 24p.
1162 Myerson, Roger B. Fundamentals of social choice theory.
38p.
1158 Sandholm, William H. Simple and clever decision rules in
single population evolutionary models. 22p.
1163 Usabiaga, Carlos & Caraballo, M. Angeles. An analysis of
the new Keynesian monopolistic competition model. 19p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
19/95 Hvide, Hans K. The bounds of bounded rationality: the case
of memory loss. 24p.
17/95 Maestad, Ottar. On the legitimacy of green trade policy.
22p.
18/95 Sorgard, Lars. Judo economics reconsidered: capacity
limitation, entry and collusion. 26p.
23/95 Baldwin, Richard E., Forslid, Rikard & Haaland, Jan I.
Investment creation and investment diversion: simulation
analysis of the single market programme. 35p.
22/95 Haaland, Jan I. & Wooton, Ian. Anti-dumping jumping:
reciprocal anti-dumping and industrial location. 20p.
20/95 Maestad, Ottar. Timber trade restrictions: the effect on
tropical deforestation. 29p.
PAGE 106
26/95 Pedersen, Karl R. Aid and poverty alleviation: some
elementary lessons from principal-agent theory. 21p.
25/95 Pedersen, Karl R. Aid, poverty alleviation and incentives.
22p.
24/95 Pedersen, Karl R. On the marginal cost of public funds and
the value of development aid. 31p.
21/95 Tungodden, Bertil. Poverty and ethics. 21p.
1/96 Bjerksund, Petter & Schjelderup, Guttorm. Taxing
internationally mobile capital: the efficiency-equity
trade-off. 22p.
2/96 Knarvik, Karen H.M. & Tvedt, Jostein. International trade,
technological development and agglomeration. 39p.
4/96 Bjorvatn, Kjetil. City size and economic development. 23p.
3/96 Bjorvatn, Kjetil. Industrialization and regional
inequality. 28p.
6/96 Bjorvatn, Kjetil. Islamic economics in principle and
practice. 22p.
5/96 Bjorvatn, Kjetil. Rent-seeking and foreign aid. 22p.
9/96 Klovland, Jan Tore. The silver age of manufacturing in
Norway: new estimates of the growth in industrial production
1927-48. 32p.
8/96 Osmundsen, Petter. Taxing internationally mobile
individuals: a case of countervailing incentives. 28p.
7/96 Thorgersen, Oystein. Intergenerational risk sharing and the
design of pay-as-you-go pension programs. 6p.
12/96 Gabrielsen, Tommy S. & Sorgard, Lars. The pro-competitive
effect of two-part tariffs. 14p.
11/96 Hvide, Hans Krogh. Delay in joint projects. 14p.
13/96 Schroyen, Fred. Pareto efficient income taxation under
costly monitoring. 33p.
10/96 Steen, Frode & Sorgard, Lars. Semicollusion in the
Norwegian cement market. 36p.
19/96 Kristiansen, Eirik Gaard. R & D in the presence of network
externalities: timing and compatibility. 35p.
14/96 Nilssen, Tore & Sorgard, Lars. Time schedule and programme
profile: TV news in Norway and Denmark. 23p.
15/96 Osmundsen, Petter. Risk sharing and incentives in Norwegian
petroleum extraction. 16p.
18/96 Sandmo, Agnar. How far should we go in the redistribution
of income?. 16p.
17/96 Tvedt, Jostein. The structure of the freight rate: a
stochastic partial equilibrium model for the VLCC market.
36p.
16/96 Tvedt, Jostein. Valuation of a European option in the
BIFFEX market. 11p.
OHIO STATE UNIVERSITY. Department of Economics.
9602 Bidarkota, Prasad V. & McCulloch, J. Huston. State-space
modeling with symmetric stable shocks: the case of U.S.
inflation. 35p.
9605 Chen, Jian & Mark, Nelson C. Alternative long-horizon
exchange-rate predictors. 41p.
9507 Glass, Amy & Saggi, Kamal. Foreign direct investment and
the nature of R & D. 39p.
PAGE 107
9506 Glass, Amy & Saggi, Kamal. Intellectual property rights,
foreign direct investment, and innovation. 36p.
9603 Hai, Weike, Mark, Nelson & Wu, Yangru. Understanding spot
and forward exchange rate regressions. 31p.
9601 Hashimoto, Masanori & Zhao, Jingang. Non-wage
compensations, employment, and hours. 37p.
9604 Mark, Melson C. & Choi, Doo-Yull. Real exchange-rate
prediction over long horizons. 35p.
9606 Chen, Jian & Fleisher, Belton M. Regional income inequality
and economic growth in China. 31p.
9607 Fleisher, Belton, Dong, Keyong & Liu, Yunhua. Education,
entreprise organization, and productivity in the Chinese
paper industry. 29p.
9608 Fleisher, Belton, Hills, Stephen & Yin, Yong. The role of
housing in labor-market liberalization in China. 16p.
9618 Glass, Amy J. Income distribution and quality improvement.
27p.
9615 Glass, Amy. International rivalry in advancing products.
24p.
9614 Glass, Amy & Saggi, Kamal. International technology
transfer and the technology gap. 30p.
9616 Ichiishi, Tatsuro & Sertel, Murat. Cooperative interim
contract and re-contract in a profit-center game. 25p.
9609 Viard, Alan D. A welfare analysis of differential lump-sum
taxation. 34p.
9617 Zhao, Jingang. A cooperative analysis of covert collusion
in oligopolistic industries: the existence of the alpha
core. 25p.
9612 Zhao, Jingang. The core allocation in two sample economies.
11p.
9610 Zhao, Jingang. The hybrid equilibria and core selection in
exchange economies with externalities. 25p.
9611 Zhao, Jingang. A necessary and sufficient condition for the
convexity in oligopolistic games. 22p.
9613 Zhao, Jingang. The stability and the formation of coalition
structures in normal form TU games. 38p.
9621 Campbell, Colin M. Cheap-talk coordination in dissipative
auctions. 46p.
9620 Campbell, Colin M. Costly voting, zealots, and the curse of
a large electorate. 15p.
9622 Chipty, Tasneem & Snyder, Christopher. Buyer size and
bargaining power. 37p.
9623 Glass, Amy Jocelyn. Product cycles and market penetration.
32p.
9626 Light, Audrey. Estimating the returns to schooling: when
does the career begin?. 28p.
9625 McCulloch, J. Huston. Linear regression with stable
disturbances. 28p.
9624 Viard, Alan D. Incidence and asset-pricing effects of
realization based capital gains taxes. 24p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
388 Horioka, Charles Y. Capital gains in Japan: their magnitude
and impact on consumption. 29p.
PAGE 108
390 Iritani, Jun & Kuga, Kiyoshi. Commodity taxation and
production efficiency. 17p.
395 Kamiya, Kazuya & Ichimura, Hidehiko. Nonparametric
restrictions of dynamic optiization behavior under risk: the
case of time-additive expected utility. 26p.
389 Lahiri, Sajal & Ono, Yoshiyasu. Optimal tariffs in the
presence of middlemen. 17p.
394 Matsuyama, Toshihiro. Public and private firms. 20p.
391 Ohtake, Fumio & Shintani, Mototsugu. The effect of
demographics on the Japanese housing market. 16p.
392 Ohtake, Fumio & Horioka, Charles Y. Saving motives in
Japan. 48p.
398 Evans, Paul. Growth and the neutrality of money. 21p.
397 Evans, Paul. Using panel data to evaluate growth theories.
19p.
402 Horioka, Charles Y., et al. Do the aged dissave in Japan?:
evidence from micro data. 22p.
403 Itoh, Hideshi. Job design and incentives in hierarchies
with team production. 21p.
401 Punzo, Lionello F. Industrial dynamics and structural
change: a framework for the analysis of sectoral dynamics in
a set of countries. 39p.
400 Seko, Miki. Nonlinear budget constraints and estimation:
effects of subsidized home loans on housing decisions in
Japan. 26p.
404 Yoshihara, Naoki. Natural and double implementation of
public ownership solutions in differentiable production
economies. 33p.
410 Ogawa, Kazuo. How important is land as a production factor
for Japanese manufacturing industries?. 21p.
409 Ogawa, Kazuo & Suzuki, Kazuyuki. Demand for bank loans
under borrowing constraints: a panel study of Japanese firm
data. 31p.
408 Ogawa, Kazuo & Suzuki, Kazuyuki. Land value and corporate
investment: evidence from Japanese panel data. 32p.
407 Yoshihara, Naoki. A characterization of natural and double
implementation in production economies. 40p.
406 Yoshihara, Naoki. Full characterizations of public
ownership solutions. 30p.
405 Yoshihara, Naoki. Wealth, exploitation and labor discipline
in the contemporary capitalist economy. 42p.
412 Horioka, Charles Y. & Watanabe, Wako. Why do people save?:
a micro-analysis of motives for household saving in Japan.
27p.
411 Kidokoro, Yukihiro. Rate of return regulation and the
valuation basis of rate base: the Averch- Johnson effect,
the intertemporal rate . 34p.
414 Seko, Miki. Simultaneous choice of current housing tenure
choice and anticipated co-residence with children in Japan.
13p.
413 Tsuneki, Atsushi. Potential welfare criteria and the choice
of large projects. 7p.
417 Yamada, Hiroshi & Toda, Hiro Y. Inference in possibly
integrated vector autoregressive models: finite sample
evidence. 36p.
PAGE 109
420 Glass, Amy Jocelyn & Saggi, Kamal. Foreign direct
investment and the nature of R & D. 30p.
421 Hashimoto, Masanori & Zhao, Jingang. Non-wage
compensations, employment, and hours. 40p.
422 Ishiguro, Shingo & Itoh, Hideshi. Moral hazard and side
trade in agency contracts. 27p.
423 Yamada, Hiroshi & Toda, Hiro Y. A note on hypothesis
testing based on dully modified vector autoregression. 16p.
418 Zhao, Jingang. A beta core existence result and its
application to oligopoly markets. 22p.
UNIVERSITY OF OTTAWA. Department of Economics.
9509 Corriveau, Louis. Some propositions on the links between
equilibria and other solution concepts in games of strategy.
21p.
9508 Grafton, R. Quentin, Squires, Dale & Fox, Kevin J. Common
resources, private rights and economic efficiency. 27p.
9512 Henry, Jacques & Lavoie, Marc. The Hicksian traverse as a
process of reproportioning: a graphical analysis. 28p.
9513 Lavoie, Marc. Horizontalism, structuraliam, liquidity
preference and the principle of increasing risk. 33p.
9511 Lavoie, Marc. Loanable funds, endogenous money, and
Minsky's financial fragility hypothesis. 20p.
9515 Lavoie, Marc. Pasinetti's vertically hyper-integrated
sectors and natural prices. 25p.
9510 Lavoie, Marc. Traverse hysteresis, and normal rates of
capacity utilization in Kaleckian models of growth and
distribution. 32p.
9514 Lavoie, Marc. Unproductive outlays and capital accumulation
with target-return pricing. 13p.
9521 Grenier, Gilles. Les gains des immigrants au Canada:
1970-1990. 16p.
9517 Lavoie, Marc. The demand for loans creates the supply of
deposits: what then is the role of the demand for money?.
16p.
9516 Lavoie, Marc. Kaldor's Pasinetti theorem in a monetary
framework. 26p.
9518 Lavoie, Marc. The neo-Pasinetti theorem in Cambridgian and
Kaleckian models of growth and distribution. 23p.
9519 Lavoie, Marc. Real wages, employment structure and the
aggregate demand curve in a Kaleckian short-run model. 19p.
9520 Seccareccia, Mario & Lavoie, Marc. Central bank austerity
policy, zero-inflation targets and productivity growth in
Canada. 16p.
9601 Deriet, Mark & Seccareccia, Mario. Bank markups,
horizontalism & the significance of banks' liquidity
preference: an empirical assessment. 23p.
9604 Grafton, R. Quentin & Nelson, Harry W. Fishers' individual
salmon harvesting rights: an option for Canada's pacific
fisheries. 27p.
9602 Seccareccia, Mario. Early 20th century heterodox monetary
thought and the law of entropy. 21p.
9603 Sen, Gautam. Comparing contemporary Indian economic reform
with the developmental experience of China and the Asian
NICS. 23p.
PAGE 110
9608 Coulombe, Serge & Day, Kathleen M. Beta-convergence,
sigma-convergence and the stationary-state level of regional
disparities: the case of Canada. 44p.
9606 Grafton, R. Quentin & Silva-Echenique, J. How to manage
nature?: strategies, predator-prey models and chaos. 33p.
9607 Gray, David M. An `insider-outsider' approach to the
political economy of unemployment policy: empirical evidence
from France. 24p.
9605 Seccareccia, Mario. Logical time units and macroeconomic
price formation: a possible element of conceptual
integration of Keynes's... 38p.
PEKING UNIVERSITY. China Centre for Economic Research.
9601 Lin, Justin Y., Huang, Jikun & Rozelle, Scott. China's food
economy: past performance and future's projection. 29p.
9504 Zhang, Weiying. Decision rights, residual claim and
performance: a theory of how the Chinese state enterprise
reform works. 27p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9517 Green, Edward J. & Zhou, Ruilin. A rudimentary model of
search with divisible money and prices. 18p.
9518 Kajii, Atsushi & Morris, Stephen. The robustness of
equilibria to incomplete information. 49p.
9516 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Correlated equilibria and local iterations. 7p.
9602 Ahn, Illtae & Suominen, Matti. Word-of-mouth communication
and community enforcement. 27p.
9520 Citann, Alessandro, Cres, Herve & Villanacc, Antonio.
Underemployment of resources and self-confining beliefs.
29p.
9519 Coate, Stephen & Morris, Stephen. Policy persistence. 32p.
9601 Ghiglino, Christian & Tvede, Mich. Multiplicity of
equilibria. 16p.
9603 Shachmurove, Yochanan. Dynamic daily returns among Latin
Americans and other major world stock markets. 47p.
9604 Cole, Harold L., Mailath, George J. & Postlewaite, Andrew.
Class sytems and the enforcement of social norms. 22p.
9605 Kahl, Matthias. Dynamic liquidation, adjustment of capital
structure, and the costs of financial distress. 38p.
9608 Moro, Andrea & Norman, Peter. Affirmative action in a
competitive economy. 43p.
9606 Morris, Stephen. Approximate common knowledge revisited.
26p.
9607 Morris, Stephen & Shin, Hyun Song. Approximate common
knowledge and co-ordination: recent lessons from game
theory. 26p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
136 Canova, Fabio & De Nicolo, Gianni. The equity premium and
the risk free rate: a cross country, cross maturity
examination. 46p.
PAGE 111
135 Canova, Fabio & Ravn, Morten O. International consumption
risk sharing. 34p.
137 Canova, Fabio & Marcet, Albert. The poor stay poor:
non-convergence across countries and regions. 44p.
130 Freixas, Xavier & Rochet, Jean-Charles. Fair pricing of
deposit insurance: Is it possible? Yes. Is it desirable? No.
17p.
132 Garcia-Fontes, Walter & Geuna, Aldo. The dynamics of
research networks in BRITE-EURAM. 24p.
134 Mulligan, Casey B. & Sala-i-Martin, Xavier. Adoption of
financial technologies: implications for money demand and
monetary policy. 49p.
131 Neudecker, Heinz & Satorra, Albert. The algebraic equality
of two asymptotic tests for the hypothesis that a normal
distribution has a specified correl. 7p.
129 Saez, Marc. Option pricing under stochastic volatility and
stochastic interest rates in the Spanish case. 49p.
138 Shioji, Etsuro. Regional growth in Japan. 47p.
133 Simonoff, Jeffrey S. & Udina, Frederic. Measuring the
stability of histogram appearance when the anchor position
is changed. 32p.
142 Ciccone, Antonio & Matsuyama, Kiminori. Start-up costs and
pecuniary externalities as barriers to economic development.
35p.
141 Dagan, Nir. Consistent solutions in exchange economies: a
characterization of the price mechanism. 17p.
145 Marin, Jose M. & Rahi, Rohit. Information revelation and
market incompleteness. 20p.
146 Marin, Jose M. & Oliver, Jacques P. On the impact of
leverage constraints on asset prices and trading volume.
48p.
147 Motta, Massimo. Research joint ventures in an international
economy. 25p.
140 Pinto, Jose Luis. Is the person trade-off a valid method
for allocating health care resources?: some caveats. 25p.
144 Rodriguez Mora, Jose V. Shared knowledge. 28p.
139 Sala-i-Martin, Xavier. Transfers, social safety nets, and
economic growth. 36p.
143 Shioji, Etsuro. Regional allocation of skills. 42p.
153 Biais, Bruno, Foucault, Thierry & Salanie, Francois.
Implicit collusion on wide spreads. 34p.
159 Ciccone, Antonio. Rapid catch-up, fast convergence, and
persistent underdevelopment. 41p.
151 Dagan, Nir. Consistency and the Walrasian allocations
correspondence. 24p.
152 Dagan, Nir. Recontracting and competition. 31p.
148 Fauli-Oller, Ramon & Motta, Massimo. Managerial incentives
for mergers. 21p.
150 Fuster, Luisa. Altruism, uncertain lifetime, and the
distribution of wealth. 28p.
154 Gower, John C. & Greenacre, Michael. Unfolding a symmetric
matrix. 32p.
155 Hurkens, Sjaak & Vulkan, Nir. Information acquisition and
entry. 16p.
PAGE 112
156 Marti, Maria Saez. Boundedly rational credit cycles. 14p.
149 Medrano Adan, Luis Angel. Insider trading and real
investment. 39p.
157 Acemoglu, Daron & Zilibotti, Fabrizio. Agency costs in the
process of development. 39p.
163 Aragones, Enriqueta. Negativity effect and the emergence of
ideologies. 27p.
162 Aragones, Enriqueta & Neeman, Zvika. Strategic ambiguity in
electoral competition. 30p.
158 Ciccone, Antonio & Matsuyama, Kiminori. Efficiency and
equilibrium with locally increasing aggregate returns due to
demand complementarities. 21p.
160 Cuadras-Morato, Xavier & Wright, Randall. On money as a
medium of exchange when goods very by supply and demand.
37p.
164 Delicado, Pedro & del Rio, Manuel. Weighted kernel
regression. 16p.
165 Medrano Adan, Luis Angel. Market versus limit orders in an
imperfectly competitive security market. 39p.
161 Serrano, Roberto. A comment on the Nash program and the
theory of implementation. 8p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
66 Barros, Fatima & Modesto, Leonor. Foreign direct investment
vs. exports under asymmetric information. 18p.
67 Branco, Fernando. Procurement favoritism in high
technology. 28p.
64 Hallam, David & Machado, Fernando. Efficiency analysis with
panel data. 19p.
58 Martins, Ana Paula. Time endowment and labor supply: a
technical note. 14p.
70 Gouveia, Miguel. The public sector and health care. 35p.
69 Gouveia, Miguel & Masia, Neal A. Does the median voter
model explain the size of government?: evidence from the
states. 28p.
49 Braga, Teresa L. Real wages, employment and endogenous
fluctuations. 68p.
71 Canhoto, Ana. Technical efficiency in the Portuguese
banking sector: a non-parametric approach. 64p.
PRINCETON UNIVERSITY. Industrial Relations Section.
353 Berger, Jacqueline. Were you referred by a man or a woman?:
gender of contacts and labor market outcomes. 58p.
352 Card, David & Riddell, W. Craig. Unemployment in Canada and
the United States: a further analysis. 42p.
354 Oyer, Paul. The effect of sales incentives on business
seasonality. 56p.
355 Card, David, Kramarz, Francis & Lemieux, Thomas. Changes in
the relative structure of wages and employment: a comparison
of the U.S., Canada, and France. 59p.
356 Card, David & Hyslop, Dean. Does inflation "grease the
wheels of the labor market?". 55p.
PAGE 113
357 Card, David & Krueger, Alan B. Labor market effects of
school quality: theory and evidence. 66p.
359 Card, David & Robins, Philip K. Do financial incentives
encourage welfare recipients to work?: early findings from
the Canadian self sufficiency pr. 50p.
358 Krueger, Alan B. & Pischke, Jorn-Steffen. A statistical
analysis of crime against foreigners in unified Germany.
39p.
360 Farber, Henry S. The changing face of job loss in the
United States, 1981-1993. 78p.
361 Shore-Sheppard, Lara D. Stemming the tide?: the effect of
expanding Medicaid eligibility on health insurance coverage.
66p.
362 Krueger, Alan. Observations on international labor
standards and trade. 39p.
363 Barrow, Lisa. An analysis of women's labor force
participation following first birth. 36p.
364 Eisenberg, Theodore & Farber, Henry S. The litigious
plaintiff hypothesis: case selection and resolution. 34p.
365 Ashenfelter, Orley & Rouse, Celia. Income, schooling, and
ability: evidence from a new sample of twins. 30p.
366 Card, David & Krueger, Alan. School resources and student
outcomes: an overview of the lierature and new evidence from
No. & So. Carolina. 37p.
367 Krueger, Alan B. Do markets respond more to more reliable
labor market data?: a test of market rationality. 22p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
198 Eichengreen, Barry. A more perfect union?: the logic of
economic integration. 27p.
199 Kenen, Peter B., ed. Making EMU happen: problems and
proposals; a symposium. 76p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
79 Deaton, Angus S. & Miller, Ronald I. International
commodity prices, macroeconomic performance, and politics in
sub-Saharan Africa. 91p.
80 Kant, Chander. Foreign direct investment and capital
flight. 33p.
19 Eijffinger, Sylvester C.W & deHaan, Jakob. The political
economy of central bank independence. 77p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
179 Dixit, Avinash & Helpman, Elhanan. Common agency and
coordination: general theory and application to tax policy.
33p.
178 Grossman, Gene M. & Helpman, Elhanan. Intergenerational
redistribution with short-lived governments. 45p.
180 Maggi, Giovanni & Rodriquez-Clare, Andres. The value of
trade agreements in the presence of political pressures.
31p.
PAGE 114
181 Grossman, Gene M. & Helpman, Elhanan. Electoral competition
with policy compromise. 40p.
182 Grossman, Gene M. & Helpman, Elhanan. Competing for
endorsements. 44p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Prog. in Development.
176 Case, Anne & Deaton, Angus. Large cash transfers to the
elderly in South Africa. 38p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1082 Koksalan, Murat & Rizi, Oya. A visual interactive approach
for multiple criteria decision making with monotone utility
functions. 18p.
1069 Chakravarty, Sugato & McConnell, John J. An analysis of
prices, bid-ask spreads, and bid & ask depth surrounding
Ivan Boesky's illegal trading in Carnation'. 24p.
1070 McConnell, John J. & Servaes, Henri. Equity ownership and
the two faces of debt. 24p.
1083 Netz, Janet S. & Haveman, Jon D. All in the family: family,
income, and labor force attachment. 24p.
1085 Cooper, Arnold C. & Daily, Catherine M. Entrepreneurial
teams. 35p.
1084 Smith, Keith V. Asset allocation and investment horizon.
28p.
1086 Chaturvedi, Alok R. & Gupta, Samir. Scheduling of
transactions in a real-time distributed transaction
processing system: scaleability & network issues. 33p.
1089 Brush, Thomas H. & Bromiley, Philip. What does a small
corporate effect mean?: a variance components simulation of
corporate and business effects. 19p.
1088 Kang, Myong, et al. The design and implementation of OR/SM:
a prototype integrated modeling environment. 35p.
1090 Matheny, Kenneth J. Non-neutral responses to money supply
shocks when consumption and leisure are Pareto substitutes.
28p.
1087 Wright, Gordon P., et al. OR/SM: a prototype integrated
modeling environment based on structured modeling. 43p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
932 Davidson, Russell & McKinnon, James G. The size and power
of bootstrap tests. 38p.
929 Francois, Patrick. A theory of gender discrimination based
on the household. 43p.
931 Gregory, Allan W. & Head, Allen C. Common and
country-specific fluctuations in productivity, investment,
and the current account. 33p.
930 Shi, Shouyong. A divisible search model of fiat money.
35p.
935 Bergin, James & Bernhardt, Dan. Industry dynamics over the
business cycle. 49p.
933 Baland, Jean-Marie & Francois, Patrick. Investment
coordination and demand complementarities. 31p.
PAGE 115
934 Jin, Xing & Milne, Frank. The existence of equilibrium in a
financial market with transaction costs. 22p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
412 Burnside, A. Craig, Eichenbaum, Martin S. & Rebelo, Sergio
T. Sectoral Solow residuals. 10p.
411 Hanushek, Eric A. & Kim, Dongwook. Schooling, labor force
equality, and economic growth. 38p.
413 Thomson, William. Axiomatic analyses of bankruptcy and
taxation problems: a survey. 45p.
415 Campbell, Jeffrey R. & Kuttner, Kenneth N. Macroeconomic
effects of employment reallocation. 30p.
414 Chari, V.V. & Hopenhayn, Hugo A. Matching human capital and
displacement. 22p.
420 Greenwood, Jeremy, Hercowitz, Zvi & Krusell, Per. Long-run
implications of investment-specific technological change.
37p.
416 Hodgson, Douglas J. Robust semiparametric estimation in the
presence of heterogeneity of unknown form. 37p.
419 Leung, Siu Fai & Yu, Shihti. Collinearity and two-step
estimation of sample selection models: problems, origins,
and remedies. 29p.
418 Thomson, William. Consistent allocation rules. 164p.
417 Thomson, William. Writing papers. 41p.
425 Beladi, Hamid, Jones, Ronald W. & Marjit, Sugata.
Technology for sale. 16p.
428 Bils, Mark & Kahn, James A. What inventory behavior tell us
about business cycles. 48p.
424 Hanushek, Eric A. Assessing the effects of school resources
on student performance: an update. 38p.
421 Hopenhayn, Hugo A. & Nicolini, Juan Pablo. Optimal
unemployment insurance. 33p.
422 Hopenhayn, Hugo A. & Muniagurria, Maria E. Policy
variability and economic growth. 18p.
426 Maniquet, F. A strong incompatibility between efficiency
and equity in non-convex economies. 11p.
427 Rebelo, Sergio & Xie, Danyang. On the optimality of
interest rate smoothing. 28p.
423 Schummer, James & Thomson, William. Two derivations of the
uniform rule and an application to bankruptcy. 12p.
UNIVERSITY OF ROCHESTER. Wallis Inst. of Political Economy.
5 Bird, Edward J. Does welfare ruin the poor?. 43p.
6 Bird, Edward J., Frick, Joachim R. & Wagner, Gert G. The
income of Socialist elites during the transition to
capitalism: credible evidence from longitudinal East German.
28p.
7 Bird, Edward J. Social norms, cultural competition, and
welfare reform: scant hope for the collapsing family. 39p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
34 De Vincenti, Claudio & Mulino, Marcella. Understanding
unemployment dynamics in the transition: the role of
aggregate demand and investment. 29p.
PAGE 116
UNIVERSITY OF SAARLAND. Department of Economics.
9508 Steunenberg, Bernard, Koboldt, Christian & Schmidtchen,
Dieter. Policymaking, comitology, and the balance of power
in the European Union. 35p.
9601 Richter, Rudolf. Bridging old and new institutional
economics: Gustav Schmoller, leader of the younger German
historical school, see. 27p.
9509 Rothstein, Roland. Time series properties and cointegration
in metals prices. 26p.
9602 Koboldt, Christian. Optimising the use of cultural
heritage. 23p.
9512 Ostmann, Axel. Determining bargaining behavior in
three-person characteristic function experiments. 16p.
9511 Ostman, Axel. Water management on the eve of crisis: the
case of the Canary Islands. 13p.
SANTA FE INSTITUTE. Economics Research Program.
95-106 Lane, David & Maxfield, Robert. Foresight, complexity, and
strategy. 22p.
9613 Shubik, Martin. Time and money. 23p.
9628 Arthur, W. Brian. Increasing returns and the two worlds of
business. 12p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Econ-Anderson Series.
9516 Abdel-Latif, Abla M. & Nugent, Jeffrey B. Export promotion
policies: transaction cost and export channel choices in
Egypt. 26p.
9520 Gomez, A. Victor M. & Nugent, Jeffrey B. Old age security
and the roles of children, education, savings and pensions:
some findings from rural Costa Rica. 46p.
9514 Kim, Linsu, Yhee, Seung-Jae & Nugent, Jeffrey B.
Transaction costs and export channel evaluations by Korean
SMEs. 28p.
9521 Magill, Michael & Quinzii, Martine. Which improves welfare
more: nominal or indexed bond?. 43p.
9507 Mui, Vai-Lam. Contracting in the shadows of a corrupt
court. 38p.
9508 Neumeyer, Pablo A. Currencies and the allocation of risk:
the welfare effects of a monetary union. 31p.
9513 Nugent, Jeffrey B. Capital flows to and from the United
States: past trends and future prospects. 64p.
9517 Nugent, Jeffrey & Sanchez, Nicholas. The local variability
of rainfall and tribal institutions: the case of Sudan.
28p.
9518 Nugent, Jeffrey & Glezakos, Constantine. Relative price
variability, inflation rate uncertainty and postwar
investment of the United States. 14p.
9509 Rosendorff, B. Peter. Endogenous trade restrictions and
domestic political pressure. 28p.
9512 Rosendorff, B. Peter. Voluntary export restraints,
anti-dumping procedure and domestic policies. 46p.
PAGE 117
9511 Rosendorff, B. Peter & Milner, Helen. Democratic politics
and international trade negotiations: elections and divided
government as constraints on trade . 45p.
9510 Rosendorff, B. Peter & Milner, Helen. Trade negotiations,
information and domestic politics: the role of domestic
groups. 52p.
9519 Sanchez, Nicholas & Nugent, Jeffrey B. A proposal for
breaking the policy gridlock over grazing and other uses of
public lands. 27p.
9515 Yano, Makoto, Nugent, Jeffrey B. & Lay, Ramsey N. Aid,
non-traded goods and the transfer paradox in small
countries. 34p.
9506 Cason, Timothy N. & Friedman, Daniel. Price formation in
single call markets. 49p.
9409 Cason, Timothy N. & Davis, Douglas D. Price communications
in a multi-market context: an experimental investigation.
35p.
9410 Cason, Timothy N. & Friedman, Daniel. Price discovery in
double auction markets. 31p.
9408 Cason, Timothy N. & Mason, Charles F. Uncertainty,
information sharing and collusion in laboratory duopoly
models. 49p.
9407 Easterlin, Richard A. Industrial Revolution and Mortality
Revolution: two of a kind?. 33p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
95-5 Bohm, Peter. Laboratory experiments with public goods:
misplaced emphasis?. 19p.
95-4 Lambert-Mogiliansky, Ariane. Corruption and networks: an
example of multi-field contracts. 27p.
96-1 Muren, Astri. Quantity precommitment in experimental
oligopoly markets. 18p.
96-3 Wijkander, Hans. A one-period financial contract between a
risk-averse wealthy entrepreneur and a risk neutral
investor. 16p.
96-2 Wijkander, Hans. Public investment under uncertainty: the
social rate of discount and timing. 25p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
35/95 Ben-David, Dan. Trade and convergence among countries.
32p.
36/95 Ben-David, Dan & Papell, David H. The great wars, the great
crash and steady state growth: some new evidence about an
old stylized fact. 26p.
32/95 Fershtman, Chaim & Weiss, Yoram. Social rewards,
externalities and stable preferences. 19p.
31/95 Grossman, Gene M. & Helpman, Elhanan. Rent dissipation,
free riding, and trade policy. 12p.
30/95 Helpman, Elhanan. Politics and trade policy. 34p.
34/95 Weiss, Yoram & Gotlibovski, Menachem. Immigration, search
and loss of skill. 52p.
33/95 Weiss, Yoram & Willis, Robert J. Match quality, new
information and marital dissolution. 58p.
PAGE 118
29/95 Yashiv, Eran. The determinants of equilibrium unemployment:
structural estimation and simulation of the search &
matching model. 46p.
40/95 Ben-David, Dan. Convergence clubs and diverging economies.
23p.
41/95 Ben-David, Dan. Measuring income convergence: an
alternative test. 16p.
42/95 Ben-David, Dan & Bohara, Alok K. Trade liberalization and
income equalization: a long-run perspective. 15p.
39/95 Fershtman, Chaim & Gandal, Neil. The effect of the Arab
boycott on Israel: the automobile market. 24p.
37/95 Pines, David. Multiple private goods in clubs and local
public good economies: a unified approach. 29p.
38/95 Yafeh, Yishay & Yosha, Oved. The strategic use of
relationship banking. 24p.
43/95 Ben-David, Dan. Convergence clubs and subsistence
economies. 12p.
45/95 Fershtman, Chaim & de Zeeuw, Aart. Tradeable emission
permits in oligopoly. 36p.
2/96 Grossman, Gene M. & Helpman, Elhanan. Intergenerational
redistribution with short-lived governments. 43p.
44/95 Grossman, Gene M. & Helpman, Elhanan. Technological
determinants of trade. 25p.
1/96 Sulganik, Eyal & Zilcha, Itzhak. The value of information:
the case of signal-dependent opportunity sets. 15p.
5/96 Ben-David, Dan & Papell, David H. Some evidence on the
continuity of the growth process among the G7 countries.
21p.
4/96 Ben-David, Dan & Rahman, Atiqur. Technological convergence
and international trade. 21p.
6/96 Church, Jeffrey & Gandal, Neil. Systems competition,
vertical merger and foreclosure. 40p.
3/96 Glazer, Jacob & Rubinstein, Ariel. What motives should
guide referees?: on the design of mechanisms to elicit
opinions. 34p.
7/96 Lillard, Lee A. & Weiss, Yoram. Uncertain health and
survival: effects on end-of-life consumption. 51p.
9/96 Ben-David, Dan & Papell, David H. Slowdowns and meltdowns:
post-war growth evidence from 74 countries. 39p.
11/96 Dixit, Avinash, Grossman, Gene M. & Helpman, Elhanan.
Common agency and coordination: general theory and
application to tax policy. 33p.
12/96 Gandal, Neil & Shy, Oz. Standardization policy and
international trade. 24p.
10/96 Grossman, Gene M. & Helpman, Elhanan. Electoral competition
with policy compromise. 39p.
8/96 Kaminsky, Graciela L. & Leiderman, Leonardo. High real
interest rates in the aftermath of disinflation: is it a
lack of credibility?. 26p.
14/96 Bayoumi, Tamim, Coe, David T. & Helpman, Elhanan. R & D
spillovers and global growth. 35p.
13/96 Galor, Oded & Tsiddon, Daniel. Technological progress,
mobility and economic growth. 37p.
16/96 Leiderman, Leonardo & Bufman, Gil. Searching for nominal
anchors in shock-prone economies in the 1990s: inflation
targets and exchange rate bands. 44p.
PAGE 119
15/96 Fershtman, Chaim, Fishman, Arthur & Simhony, Avi. Relative
price variability, repeat sales and the welfare cost of
inflation. 25p.
26/96 Ber, Hedva, Yafeh, Yishay & Yosha, Oved. The post-issue
performance of IPO firms when banking is concentrated and
universal. 40p.
25/96 Bresnahan, Timothy F., Stern, Scott & Trajtenberg, Manuel.
Market segmentation and the sources of rents from
innovation: personal computers in the late 1980s. 50p.
22/96 Dahan, Momi & Hercowitz, Zvi. Fiscal policy and saving
under distortionary taxation. 25p.
17/96 Fershtman, Chaim & Weiss, Yoram. Social rewards,
externalities and stable preferences. 32p.
21/96 Fershtman, Chaim & Weiss, Yoram. Why do we care what others
think about us?. 23p.
23/96 Frankel, David M. The (retail) price of inequality. 21p.
24/96 Helpman, Elhanan & Trajtenberg, Manuel. Diffusion of
general purpose technologies. 44p.
18/96 Galor, Oded & Tsiddon, Daniel. The distribution of human
capital and economic growth. 38p.
20/96 Morgan, Peter B. & Shy, Oz. Undercut-proof equilibria.
28p.
28/96 Sauer, Robert M. Job mobility and the market for lawyers.
48p.
19/96 Sorensen, Bent E. & Yosha, Oved. Income and consumption
smoothing among U.S. states: regions or clubs?. 29p.
27/96 Zilcha, Itzhak. Intergenerational transfers, economic
growth and income distribution. 30p.
UNIVERSITY OF TOKYO. Faculty of Economics.
9534 Horiuchi, Akiyoshi. Financial sector reforms in postwar
Japan: an overview. 110p.
9529 Ihori, Toshihiro. Public finance in an overlapping
generations economy. 227p.
9532 Ishikawa, Tsuneo. Growth, human development, and economic
policies in Japan, 1955-1993. 69p.
9533 Kubokawa, T. & Srivastava, M.S. Double shrinkage estimators
of ratio of variance. 20p.
9531 Nishimura, Kiyohiko G. & Tsubouchi, Hiroshi. How much do
Japanese buyers pay for distribution service?: a comparative
study between Japan and the U.S. 28p.
9530 Nishimura, Kiyohiko G. & Inoue, Atsusi. Labour's share in
Japanese manufacturing 1960-1990: "dual structure" and
imperfect competition. 31p.
96-2 Fujimoto, Takahiro. An evolutionary process of Toyota's
final asssembly operations: the role of ex-post dynamic
capabilities. 43p.
96-3 Itoh, Motoshige. Distribution systems and vertical
integration: protectionism or normal business practice?.
31p.
96-4 Kandori, Michihiro. Evolutionary game theory in economics.
50p.
9535 Kunitomo, Naoto & Sato, Seisho. Tables of limiting
distributions useful for testing unit roots & cointegration
with multiple structural breaks. 52p.
PAGE 120
96-1 Okuno-Fujiwara, Masahiro. Toward a comparative
institutional analysis of government business relationships.
35p.
96-6 Holtfrerich, Carl L. & Iwami, Toru. Postwar central banking
reform: a German-Japanese comparison. 36p.
96-7 Ihori, Toshihiro. Taxes on capital accumulation and
economic growth. 20p.
9610 Kanemoto, Yoshitsugu. Housing question in Japan. 50p.
96-8 Kanemoto, Yoshitsugu. On the `lock-in' effects of capital
gains taxation. 21p.
96-9 Kanemoto, Yoshitsugu, Ohkawa, Toru & Suzuki, Tsutomu.
Agglomeration economies and a test for optimal city sizes in
Japan. 29p.
9611 Kunitomo, Naoto & Sato, Seisho. Stationary and
non-stationary simultaneous switching autoregressive models
with application to financial time serie. 37p.
96-5 Mochida, Nobuki. Japan's local allocation tax: an
equalization transfer scheme. 35p.
9613 Horiuchi, Akiyoshi & Shimizu, Katsutoshi. The deterioration
of banks' balance sheets in Japan: risk-taking and
recapitalization. 43p.
9616 Ihori, Toshihiro & Akai, Nobuo. The optimal provision of
public goods by local and central governments. 19p.
9618 Jinno, Naohiko & DeWit, Andrew. Institutionalism and the
intergovernmental allocation of taxes. 19p.
9612 Kubokawa, Tatsuya, et al. Estimation of variance components
under Kullback-Leibler loss with applications. 28p.
9619 Nishino, Haruhisa & Yajima, Yoshihiro. On parameter
estimation of unit roots processes with missing
observations. 39p.
9614 Okazaki, Tetsuji. The foreign exchange allocation policy in
post-war Japan: its institutional framework and function.
33p.
9615 Takemura, Akimichi & Kuriki, Satoshi. Theory of cross
sectionally contoured distributions and its applications.
35p.
9617 Ueda, Kazuo. Causes of the Japanese banking instability in
the 1990s. 26p.
UNIVERSITY OF TORONTO. Department of Economics.
9501 Baker, Michael, Benjamin, Dwayne & Stanger, Shuchita. The
highs and lows of the minimum wage effect: a time-series
cross-section study of the Canadian law. 43p.
9417 Eswaran, Mukesh & Gallini, Nancy. The role of patent policy
in shaping the nature of technological change. 43p.
9418 Floyd, John E. An hypothesis about the interdependence of
countries' monetary policies. 28p.
9419 Hamilton, Gillian. The efficiency of the market for
apprentices in North America: contract length and
information. 35p.
9503 Lloyd-Ellis, Huw. Endogenous technological change and wage
inequality in a skill-constrained economy. 37p.
9502 Lloyd-Ellis, Huw & Bernhardt, Dan. Enterprise, inequality
and economic development. 52p.
PAGE 121
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
96-5 Alexander, Cindy R. & Cohen, Mark A. New evidence on the
origins of corporate crime. 21p.
96-7 Alexander, Cindy R. & Cohen, Mark A. Why do corporations
become criminals?: an agency explanation. 33p.
96-4 Dunham, Wayne R. Moral hazard and the market for used
automobiles. 20p.
96-6 Einhorn, Michael A. INTELSAT: a reform proposal. 13p.
96-3 McCabe, Mark J. & Hewlett, James G. Dynamic behavior of
regulated firms: evidence from nuclear utilities. 16p.
96-1 Werden, Gregory J. A robust test for consumer welfare
enhancing mergers among sellers of differentiated products.
5p.
96-2 Werden, Gregory J. Simulating the effects of differentiated
products mergers. 19p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9603 Cothren, Richard & Parigi, Bruno. National debt and family
size. 13p.
9601 De Lotto, Pietro F. Cooperation vs. competition: the EU
generalized system of preferences sensitivity issue. 95p.
9604 Luna, Francesco. Computable learning, neural networks and
institutions. 23p.
9516 Roson, Roberto & van der Bergh, Jeroen. Network markets for
composite goods and services: structure and efficiency.
19p.
9602 Tattara, Giuseppe & Volpe, Mario. Italy, the fiscal
dominance model, and the gold standard age. 35p.
9517 Toniolo, Gianni. Does history have useful economics?:
lessons from Europe's golden age (1950-73). 34p.
9609 Capdeville, Mario, Cimoli, Mario & Dutrenit, Gabriela.
Specialisation and technology in Mexico: a virtual pattern
of development and competitiveness?. 37p.
9618 Bardini, Carlo. Labour productivity in manufacturing: the
U.K. and Italy in the 20th century. 17p.
9606 Bertazzon, Stefania. The Dolomiti superski circuit: a
dynamic spatial system. 22p.
9616 Brunello, Giorgio & Medio, Alfredo. A job competition model
of workplace training and education. 47p.
9614 Gurisatti, Paolo, Soli, Vladimiro & Tattara, Giuseppe.
Patterns of diffusion of new technologies in metal working
small firms: the case of an Italian region. 45p.
9613 Roson, Roberto. Network markets and network evolution.
14p.
9624 Ariga, Kenn, Brunello, Giorgio & Ohkusa, Yasushi.
Promotions, skill formation and earnings growth in a
corporate hierarchy. 40p.
9625 Gottardi, Piero & Hens, Thorsten. Disaggregation of excess
demand and comparative statics with incomplete markets and
nominal assets. 27p.
9621 Cazzavillan, Guido & Musu, Ignazio. A simple model of
optimal sustainable growth. 16p.
PAGE 122
9626 Brunello, Giorgio & Ishikawa, Tsuneo. Education, training
and labour market structure: Italy and Japan in comparative
perspective. 61p.
9627 Luna, Francesco. The emergence of a firm as a complex
problem solver. 22p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9601 Engineer, Merwan. Transaction costs and competing
currencies. 26p.
9603 Engineer, Merwan & Shi, Shouyong. Bargaining-induced
transaction demand for fiat money. 39p.
9602 Engineer, Merwan, Esteban, Joan & Sakovics, Jozsef. Costly
transfer institutions and the core in an overlapping
generations model. 16p.
9604 Giles, David E.A. Causality between the measured and
underground economies in New Zealand. 11p.
9607 Giles, David E.A. The hidden economy and tax evasion
prosecutions in New Zealand. 14p.
9605 Oum, Rae Hoon, Park, Jong-Hun & Zhang, Anming. The effects
of airline codesharing agreements on firm conduct and
international air fares. 23p.
9606 Zhang, Anming. An analysis of fortress hubs in airline
networks. 23p.
9608 Giles, David E.A & Keil, Andrea S. Applying the RESET test
in allocation models: a cautionary note. 15p.
9609 Giles, Judith A., Giles, David E.A. & Ohtani, Kazuhiro. The
exact risks of some pre-test and Stein-type regression
estimators under balanced loss. 25p.
95-1 Kennedy, Peter W. & Laplante, Benoit. Equilibrium
incentives for cleaner technology adoption under emissions
pricing. 40p.
9506 Oum, Tae Hoon, Zhang, Anming & Zhang, Yimin. Capital
structure and socially optimal capacity in oligopoly: the
case of the airline industry. 28p.
9610 Giles, David E.A. Testing for asymmetry in the measured and
underground business cycles in New Zealand. 23p.
9611 Mosk, Carl. Cities on the sea: communication and
concentration in modern Japan. 54p.
9612 DeBenedictis, Linda F. & Giles, David E.A. Diagnostic
testing in econometrics: variable addition, reset, and
Fourier approximations. 63p.
UNIVERSITY OF VIENNA. Department of Economics.
9505 Kirchsteiger, Georg & Puppe, Clemens. On the formation of
political coalitions. 25p.
9504 Nehring, Klaus & Puppe, Clemens. A qualitative theory of
"Preference for opportunities and diversity". 38p.
9506 Sorger, Gerhard. Imperfect competition and capital
accumulation: the role of price normalization. 20p.
9601 Kerschbamer, Rudolf. Disciplinary takeovers and industry
effects. 43p.
9602 Kerschbamer, Rudolf. Information revelation via takeovers
in correlated environments. 9p.
PAGE 123
9507 Guth, Werner, Kirchsteiger, Georg & Ritzberger, Klaus.
Imperfectly observable commitments in n-player games. 19p.
9603 Podczeck, Konrad. Markets with infinitely many commodities
and a continuum of agents with non-convex preferences. 45p.
9604 Bell, Clive & Clemenz, Gerhard. Credit markets with moral
hazard and heterogeneous valuations of collateral. 29p.
9606 Kubin, Ingrid & Rosner, Peter. Immigration, growth, and
distribution. 25p.
9605 Orosel, Gerhard O. & Schob, Ronnie. Internalizing
externalities in second-best tax systems. 22p.
9607 Scheicher, Martin. Nonlinear dynamics: evidence for a small
stock exchange. 21p.
9613 Clemenz, Gerhard. Imperfectly observable emissions, adverse
selection, and output restrictions. 18p.
9614 Bughin, Jacques & Vannini, Stefano. To be (unionized) or
not to be?: a case for cost-raising strategies. 12p.
9615 Winckler, Georg, Hochreiter, Eduard & Brandner, Peter.
Deficits, debt and European Monetary Union. 21p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
266 Breit, William, Elzinga, Kenneth G. & Willett, Thomas D.
The Yeager mystique: the polymath as teacher, scholar and
colleague. 29p.
265 Jain, Neelam. Credit-interlinkages and usurious informal
lending. 31p.
264 John, Andrew & Yi, Kei-Mu. Language, learning and location.
87p.
267 Ihrig, Jane. Multinationals' response to repatriation
restrictions. 38p.
269 Glomm, Gerhard & Ravikumar, B. Flat-rate taxes, government
spending on education, and growth. 22p.
268 Glomm, Gerhard & Ravikumar, B. Vouchers, public and private
education, and income distribution. 29p.
274 Anderson, Simon P. & de Palma, Andre. From local to global
competition. 33p.
273 Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A.
Minimum-effort coordination games: an equilibrium analysis
of bounded rationality. 30p.
272 Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A. A
theoretical analysis of altruism and decision error in
public goods games. 27p.
270 Davis, Douglas D. & Holt, Charles A. Markets with posted
prices: recent results from the laboratory. 43p.
271 Ihrig, Jane. The influence of the dividend tax price on
subsidiaries' repatriations. 38p.
UNIVERSITY OF WASHINGTON. Institute of Economic Research.
9612 Brock, Philip L. High real interest rates and banking
crises in an open economy: a case study of Chile, 1975-1983.
41p.
9603 Brock, Philip L. High real interest rates, guarantor risk,
and bank recapitalizations. 69p.
PAGE 124
9602 Engel, Charles. Accounting for U.S. real exchange rate
changes. 54p.
9605 Engel, Charles. Long-run purchasing power parity may not
hold after all. 49p.
9613 Engel, Charles. A model of foreign exchange rate
indetermination. 22p.
9614 Engel, Charles & Kim, Chang-Jin. The long-run U.S./U.K.
real exchange rate. 37p.
9601 Engel, Charles & Rogers, John H. Regional patterns in the
law of one price: the roles of geography vs. currencies.
42p.
9611 Kim, Chang-Jin, Nelson, Charles R. & Startz, Richard.
Testing for mean reversion in heteroskedastic data based on
Gibbs sampling augmented randomization. 33p.
9609 Kochin, Michael S. & Kochin, Levis A. When is buying votes
wrong?. 19p.
9604 Lundberg, Shelly J. & Startz, Richard. Inequality and race:
models and policy. 34p.
9615 Nelson, Charles R., Startz, Richard & Zivot, Eric. Valid
confidence intervals and inference in the presence of weak
instruments. 49p.
9610 Thornton, Judith. Structural change in the Russian Far
East: the implications for trade and factor markets. 30p.
9607 Van Long, Ngo & Wong, Kar-yiu. Endogenous growth and
international trade: a survey. 65p.
9606 Wang, Jiahui & Zivot, Eric. Inference on a structural
parameter in instrumental variables regression with weak
instruments. 31p.
9608 Wong, Kar-yiu. Endogenous growth and international labor
migration: the case of a small, emigration economy. 48p.
WASHINGTON UNIVERSITY. Center for the Study of American Business.
160 Hughes, Samuel. Regulatory budgeting. 38p.
161 Iijima, Timothy. Intergovernmental grants and their
differential effects on renters vs. owners: a
fiscal-federalist approach. 37p.
WASHINGTON UNIVERSITY-ST. LOUIS. Center in Political Economy.
183 Hayes, David R. & Smith, Alastair. The shadow of the polls:
electoral effects on international agreements. 56p.
184 Nachbar, John H. Prediction, optimization, and rational
learning in games. 35p.
185 Nachbar, John H., Peterson, Bruce & Hwang, Inhak. Sunk
costs, accomodation, and the welfare effects of entry. 36p.
186 Nixon, David, et al. Multiparty probabilistic voting: an
application to the Knesset. 70p.
188 Berliant, Marcus & Dunz, Karl. A foundation of location
theory: existence of equilibrium, the welfare theorems and
core. 40p.
189 Berliant, Marcus & Zenou, Yves. Labor specialization and
city structure. 39p.
190 Berliant, Marcus & De, Sankar. On revelation of private
information in stock markets economies. 20p.
PAGE 125
187 Schofield, Norman. The C1 topology on the space of
preference profiles and the existence of a continuous
preference aggregator. 42p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
199 Barnett, William A. Fellow's opinion: econometrics, data,
and the World Wide Web. 5p.
200 Barnett, William A., Kirova, Milka & Pasupathy, Meenaksi.
Technology modelling: curvature is not sufficient for
regularity. 46p.
202 Berliant, Marcus & Strauss, Robert P. Horizontal and
vertical equity: a theoretical framework & empirical results
for the federal individual income tax 1. 48p.
201 Berliant, Marcus & Strauss, Robert P. On recent expositions
of horizontal and vertical equity. 22p.
203 Keating, John W. Structural inference with VAR models that
are identified by long run recursive orderings. 25p.
204 Keating, John W. & Nye, John V. The dynamic effects of
aggregate demand and supply disturbances in the G7
countries. 20p.
205 Keating, John W. & Nye, John V. Permanent and transitory
shocks in real output: estimates from 19th century and
postwar economies. 35p.
206 Felix, David. On drawing general policy from recent Latin
American currency crises. 48p.
UNIVERSITY OF WATERLOO. Department of Economics.
9601 Bossert, Walter, Fleurbaey, Marc & Van de Gaer, Dirk. On
second-best compensation. 32p.
9604 Andolfatto, David, Gomme, Paul & Storer, Paul. U.S. labour
market policy and the Canada-U.S. unemployment rate gap.
38p.
9608 Blackorby, Charles, Bossert, Walter & Donaldson, David.
Foreign aid and population policy: some ethical
considerations. 34p.
9609 Bossert, Walter. Uncertainty aversion in nonprobabilistic
decision models. 13p.
9602 Brox, james A. & Fader, Christina A. Public infrastructure,
regional efficiency, and factor substitutability in Atlantic
Canada manufacturing. 25p.
9603 Brox, James A. & Fader, Christina A. The science of
management and the art of flexibility: assessing the impact
of just-in-time using a CES translog tot. 36p.
9605 Brox, James A. & Kumar, Ramesh C. Valuing camp-site
characteristics: a generalized travel-cost model of demand
for recreational camping. 29p.
9606 Busseri, Michael A., Kerton, Robert R. & Lefcourt, Herbert
M. Beyond control: predicting consumer behavior using a
measure for consumer locus of control. 21p.
9607 Kumar, Ramesh C. On optimal capacity expansion for domestic
processing of an exhaustible natural resource. 25p.
9614 Nosal, Ed. Contract renegotiation in a continuous state
space. 28p.
PAGE 126
9615 Nosal, Ed. Optimal at-will contracts. 20p.
9616 Blackorby, Charles, Bossert, Walter & Donaldson, David.
Information invariance in variable population social choice
problems. 22p.
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9513 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Asset pricing lessons for modelling business cycles.
51p.
9511 Busch, L.A. & Horstmann, J. Concessions and the agenda in
bargaining. 20p.
9515 Christiano, Lawrence J. & Fisher, Jonas D.M. Tobin's q and
asset returns: implications for business cycle analysis.
60p.
9516 Davies, James B. & Zhang, Junsen. Measuring marginal income
tax rates for individuals in Canada: averages and
distributions over time. 37p.
9514 Fisher, Jonas D.M & Hornstein, Andreas. (S,s) inventory
policies in general equilibrium. 54p.
9512 Hamilton, Barton H., Hamilton, Vivian H. & Paarsch, Harry J.
Access, utilization, and equity in Canada and the U.S.: an
empirical model of physician visits. 39p.
9518 Border, Kim C. & Segal, Uzi. Preferences over solutions to
the bargaining problem. 22p.
9523 Horstmann, Ignatius J. & MacDonald, Glenn M. Advertising as
a signal of product quality: compact disc players. 31p.
9522 Horstmann, Ignatius J. & LaCasse, Chantale. Secret reserve
prices in a bidding model with a re-sale option. 39p.
9521 Laidler, David E.W. & Stadler, George W. Monetary
explanations of the Weimar Republic's hyperinflation: some
neglected contributions in contemporary German . 43p.
9520 Michelis, Leo. Non-nested pretest tests. 25p.
9517 Segal, Uzi. Dynamic consistency and reference points. 14p.
9519 Segal, Uzi & Spivak, Avia. First-order risk aversion and
non-differentiability. 7p.
9602 Aguirregabiria, Victor. Estimation of dynamic decision
models with corner solutions: a model of price and inventory
decisions. 49p.
9603 Bental, Benjamin & Peled, Dan. Growth effects of subsidies
in a search theoretic R & D model: a quantitative
evaluation. 27p.
9601 Bowlus, Audra J., Kiefer, Nicholas M. & Neumann, George R.
Fitting equilibrium search models to labor market data.
29p.
9604 Davies, James B. & Zhang, Junsen. The effects of gender
control on fertility and children's consumption. 38p.
9606 Laidler, David. American macroeconomics between World War I
and the Depression. 57p.
9605 Nott, Loretta. Hysteresis in the Canadian labour market:
evidence from the 1990s. 26p.
9607 Segal, Uzi. How to escape Dutch books in dynamic choice.
13p.
9609 Cowan, Robin, Cowan, William & Swann, Peter. A model of
demand with interactions among consumers. 27p.
PAGE 127
9610 Laidler, David. Notes on the microfoundations of monetary
economics. 19p.
9611 Perry, Motty & Vincent, Daniel R. The optimal timing of
procurement decisions and patent allocations. 26p.
9608 Segal, Uzi. Let's agree that all dictatorships are equally
bad. 18p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9514 Akdeniz, Levent & Dechert, W. Davis. A numerical solution
of the stochastic growth model. 16p.
9519 Bergman, Mats A. Endogenous Stackelberg leadership or price
competition under capacity constraint with endogenous entry.
24p.
9529 Binmore, Ken & Samuelson, Larry. Evolutionary drift and
equilibrium selection. 42p.
9517 Binmore, Ken, et al. Hard bargains and lost opportunities.
34p.
9521 Brock, William A. & Durlauf, Steven N. Discrete choice with
social interaction, I. 39p.
9523 Brock, William A. & de Lima, Pedro J.F. Nonlinear time
series, complexity theory, and finance. 65p.
9530 Brock, William A. & Hommes, Cars H. A rational route to
randomness. 55p.
9520 Brock, W.A., et al. A test for independence based on the
correlation dimension. 35p.
9515 Calcagnini, Giorgio & Hester, Donald D. Regulatory change
and bank profitability in Italy. 40p.
9527 Che, Yeon-Koo & Gale, Ian. Buyer alliances and managed
competition. 26p.
9524 Che, Yeon-Koo & Chung, Tai-Yeong. Incomplete contracts and
cooperative investments. 32p.
9516 Dechert, W. Davis, Sprott, Julien C. & Albers, David J. On
the frequency of chaotic dynamics in large economies. 9p.
9525 Horowitz, Joel L. & Manski, Charles F. Censoring of
outcomes and regressors due to survey nonresponse:
identification & estimation using weights & imputat. 40p.
9513 Jones, Larry E. & Manuelli, Rodolfo. A positive model of
growth and pollution controls. 40p.
9512 Kennen, John. The elusive effects of minimum wages. 21p.
9528 LeBaron, Blake. Experiments in evolutionary finance. 14p.
9526 Manski, Charles F. & Nagin, Daniel S. Bounding
disagreements about treatment effects: a case study of
sentencing and recidivism. 43p.
9518 Noldeke, Georg & Samuelson, Larry. A dynamic model of
equilibrium selection in signalling markets. 32p.
9522 Shea, John. Comovement in cities. 56p.
9601 Andreoni, James & Miller, John H. Giving according to GARP:
an experiental study of rationality and altruism. 30p.
9610 Andreoni, James, Erard, Brian & Feinstein, Jonathan. Tax
compliance. 66p.
9602 Bagwell, Kyle & Staiger, Robert W. Reciprocal trade
liberalization. 50p.
9605 Bagwell, Kyle & Staiger, Robert W. Strategic export
subsidies and reciprocal trade agreements: the natural
monopoly case. 31p.
PAGE 128
9603 Binmore, Ken, Piccione, Michele & Samuelson, Larry.
Evolutionaty stability in alternating-offers bargaining
games. 35p.
9606 Brock, William A. Asset price behavior in complex
environments. 36p.
9609 Che, Yeon-Koo & Gale, Ian. The optimal mechanism for
selling to budget-constrained consumers. 19p.
9608 Che, Yeon-Koo & Hausch, Donald B. Cooperative investments
and the value of contracting: Coase vs. Williamson. 29p.
9614 Dominitz, Jeff & Manski, Charles F. Perceptions of economic
insecurity: evidence from the Survey of Economic
Expectations. 37p.
9613 Durlauf, Steven N. Associational redistribution: a defense.
31p.
9615 Durlauf, Steven N. An incomplete markets model of business
cycles. 35p.
9612 Eshel, Illan, Samuelson, Larry & Shaked, Avner. Altruism,
egoists and hooligans in a local interaction model. 40p.
9607 Keller, Wolfgang. Are international R & D spillovers trade
related?: analyzing spillovers among randomly matched trade
partners. 16p.
9611 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
How proper is sequential equilibrium?. 26p.
9604 Manski, Charles F. Monotone treatment response. 41p.
YALE UNIVERSITY. Economic Growth Center.
739 Dow, William H. Discrete choice estimation of
price-elasticities: the benefits of a flexible behavioral
model of health care demand. 51p.
740 Dow, William H. Unconditional demand for curative health
inputs: does selection on health status matter in the long
run?. 49p.
741 Dow, William H. Welfare impacts of health care user fees: a
health-valuation approach to analysis with imperfect
markets. 36p.
733 Guinnane, Timothy W. Diversification, liquidity, and
supervision for small financial institutions: 19th century
German credit cooperativ. 73p.
744 Mwabu, Germano & Schultz, T. Paul. Education returns across
quantiles of the wage function: alternative explanations for
returns to education by race . 24p.
734 Sala-i-Martin, Xavier. The classical approach to
convergence analysis. 37p.
735 Sala-i-Martin, Xavier & Barro, Robert J. Technological
diffusion, convergence and growth. 95p.
736 Sala-i-Martin, Xavier, et al. Tetanus, death and aerobics:
the evaluation of disease-specific public health
interventions. 37p.
742 Schultz, T. Paul. Accounting for public expenditures on
education: an international panel study. 61p.
743 Schultz, T. Paul. Aging, immigration and women in the labor
force: Japan compared to other OECD countries. 76p.
737 Schultz, T. Paul. Demand for children in low income
countries. 116p.
PAGE 129
738 Schultz, T. Paul. Fertility and child mortality in Cote
d'Ivoire and Ghana. 50p.
750 Boozer, Michael & Philipson, Tomas. The private demand for
information and the effects of public testing programs: the
case of HIV. 55p.
752 Corsetti, Giancarlo & Cavallari, Lilia. Policy making and
speculative attacks in models of exchange rate crises: a
synthesis. 26p.
751 Fardmanesh, Mohsen & Tan, Li. Price and trade
liberalization in East European economies. 38p.
749 Goto, Junichi. The impact of migrant workers on the
Japanese economy: trickle vs. flood. 43p.
753 Hamada, Koichi. The structure of arms races before and
after the end of the Cold War: from strategic substitutes to
strategic compl. 25p.
754 Hamada, Koichi & Goto, Junichi. Regional economic
integration and article XXIV of the GATT. 45p.
747 Lanzona, Leonardo A. Migration decisions, self-selection
and earnings in low income Philippine communities. 37p.
746 Ranis, Gustav. North-South conflicts and their management.
34p.
745 Ranis, Gustav. Will Latin America now put a stop to
"stop-and-go"?. 22p.
748 Srinivasan, T.N. & Robinson, James A. Long-term
consequences of population growth: technological change,
natural resources, and the environment. 131p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
902 Andrews, Donald W.K. Nonparametric kernel estimation for
semiparametric models. 0p.
900 Blood, Deborah J. & Phillips, Peter C.B. Recession headline
news, consumer sentiment, the state of the economy and
presidential popularity: a time series an. 0p.
906 Cook, William, et al. An implementation of the generalized
basis reduction algorithm for integer programming. 0p.
901 Dubey, Pradeep & Geanakoplos, John. The value of money in a
finite-horizon economy: a role for banks. 0p.
905 Phillips, Peter C.B. Fully modified least squares and
vector autoregression. 0p.
903 Phillips, Peter C.B. & Loretan, Mico. On the theory of
testing covariance stationarity under moment condition
failure. 0p.
899 Tobin, James. Democratic values and capitalist efficiency:
the liberal reconciliation. 0p.
916 Andrews, Donald W.K. & Ploberger, Werner. Admissibility of
the likelihood ratio test when a nuisance parameter is
present only under the alternative. 0p.
913 Kitamura, Yuichi & Phillips, Peter C.B. Efficient
instrumental variables estimation in nonstationary
regression. 0p.
915 Linton, Oliver. Second order approximation in the partially
linear regression model. 0p.
881 Miller, John H. & Shubik, Martin. Some dynamics of a
strategic market game with a large number of agents. 0p.
PAGE 130
911 Phillips, Peter C.B. Bayesian model selection and
prediction with empirical applications. 0p.
908 Phillips, Peter C.B. Bayesian prediction: a response. 0p.
912 Phillips, Peter C.B. Robust nonstationary regression. 0p.
914 Phillips, Peter C.B. Trending multiple time series. 0p.
909 Shiller, Robert J. Conversation, information, and herd
behavior. 0p.
923 Andrews, Donald W.K. Admissibility of the likelihood ratio
test when the parameter space is restricted under the
alternative. 0p.
925 Andrews, Donald W.K., Lee, Inpyo & Ploberger, Werner.
Optimal changepoint tests for normal linear regression. 0p.
919 Chang, Yoosoon & Phillips, Peter C.B. Time series
regression with mixtures of integrated processes. 0p.
924 Hajivassiliou, Vassilis, McFadden, Daniel & Ruud, Paul.
Simulation of multivariate normal rectangle probabilities &
their derivatives: theoretical and computational result.
0p.
918 Linton, Oliver & Nielsen, Jens P. A kernel method of
estimating structured nonparametric regression based on
marginal integration. 0p.
920 Nordhaus, William D. Locational competition and the
environment: should countries harmonize their environmental
policies?. 0p.
921 Phillips, Peter C.B., McFarland, James W. & McMahon, Patrick
C. Robust tests of forward exchange market efficiency with
empirical evidence from the 1920s. 0p.
917 Phillips, Peter C.B. & Ploberger, Werner. An asymptotic
theory of Bayesian inference for time series. 0p.
922 Shiller, Robert, Kon-ya, Fumiko & Tsutsui, Yoshiro. Why did
the Nikkei crash?: expanding the scope of expectations data
collection. 0p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Reprint Series.
2008 Bresnahan, Timothy F. & Trajtenberg, Manuel. General
purpose technologies, `engines of growth'?. 0p.
WASHINGTON UNIVERSITY. CSAB. Formal Publications (Pamphlets).
127 Vedder, Richard & Gallaway, Lowell. Cracked foundation:
repealing the Davis-Bacon Act. 28p.
128 Clinton, Kenneth & Boerner, Christopher. Smog in America:
the high cost of hysteria. 28p.
129 Lambert, Thomas. Defusing the "population bomb" with free
markets. 35p.
132 Hopkins, Thomas D. Regulatory costs in profile. 25p.
133 Sykuta, Michael. Do automobile fuel economy standards
work?. 22p.
135 James, Harvey S. Estimating OSHA compliance costs. 29p.
134 Vedder, Richard K. The three "ps" of American education:
performance, productivity, privatization. 27p.
YALE UNIVERSITY. Economic Growth Center-Reprint Series.
501 Evenson, Robert E. Research and extension impacts on food
crop production in Indonesia. 0p.
PAGE 131
503 Evenson, Robert E. & Westphal, Larry E. Technological
change and technology strategy. 0p.
504 Hamada Koichi. Behind the U.S./Japan trade conflict. 0p.
502 Hamada, Koichi. Broadening the tax base: the economics
behind it. 0p.
505 Ranis, Gustav. Another look at the East Asian miracle. 0p.
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