New Acquisitions - January - December 1997
UNIVERSITY OF ALBERTA. Department of Economics.
96-8 Klee, V. & Von Hohenbalken, B. Apollonius revisited:
supporting spheres for sundered systems. 11p.
96-9 Lewis, Ted, Von Hohenbalken, Balder & Klee, Victor. Common
supports as fixed points of null-homotopic mappings. 4p.
96-7 Smith, C.E. Exchange rate variability, price variability
and the implications for international trade. 26p.
97-1 Xu, Yingfeng. Agricultural productivity in China. 22p.
97-3 Xu, Yingfeng. Money demand in China: a disaggregate
approach. 38p.
97-2 Xu, Yingfeng. Skill intensiveness and the North-South
trade. 22p.
97-5 Buse, A. To pool or not to pool?: why is that still a
question?. 45p.
97-6 Chan, Wing Hong & Buse, Adolf. Should we use the Stone
index in the linearized almost ideal demand system?. 22p.
97-4 McMillan, Melville L & Datta, Debasish. The relative
efficiencies of Canadian universities: a data envelopment
analysis perspective. 44p.
UNIVERSITY OF ALBERTA. Institute for Public Economics.
97-4 Boothe, Paul. Assessing alternative strategies for
restoring fiscal balances in Alberta. 19p.
97-2 Boothe, Paul & Hermanutz, Derek. Paying for ACCESS:
financing government in a decentralized Canada. 28p.
97-1 Dahlby, Bev & Wilson, Leonard S. Vertical fiscal
externalities and the under provision of productivity
enhancing activities by state governments. 9p.
97-3 Pabst, H.F., Boothe, P.M. & Carson, M.M. A comparison of
alternate immunization regimes for measles in vaccinated
populations. 29p.
97-6 Boothe, Paul. Fiscal reform in Alberta: the Dinning
budgets. 26p.
97-5 van Egteren, Henry & Tang, Jianmin. Maximum victim benefit:
a fair division process in transboundary pollution problems.
33p.
97-7 Boothe, Paul & Reid, Bradford G. Fiscal prudence and
federal budgeting in the medium term. 27p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9617 Alcalde, Jose, Corchon, Luis C. & Moreno, Bernardo.
Pigouvian taxes: a strategic approach. 21p.
9616 Fernandez de Cordoba, Gonzalo. Consistent beliefs, learning
and different equilibria in oligopolistic markets. 28p.
9612 Gines, Miguel & Marhuenda, Francisco. Efficiency,
monotonocity, and rationality in public goods economies.
27p.
9618 Peitz, Martin. Differentiated Bertrand duopoly with
variable demand. 18p.
9623 Bhaskar, Venkataraman & Vega-Redondo, Fernando. Migration
and the evolution of conventions. 32p.
PAGE 2
9621 Delgado, Miguel & Mora, Juan. Testing non-nested
semiparametric models: an application to Engel curves
specification. 36p.
9701 Diaz, Antonia. Land reform and individual property rights.
39p.
9703 Fauli-Oller, Ramon. On merger profitability in a Cournot
setting. 11p.
9622 Fauli-Oller, Ramon & Motta, Massimo. Managerial incentives
for takeovers. 25p.
9624 Gerber, Anke & Ortuno-Ortin, Ignacio. Political compromise
and endogenous formation of coalitions. 16p.
9704 Gines, Miguel. Core selection in economies with increasing
returns and public goods. 26p.
9619 Hens, Thorsten. Stability of tatonnement processes of short
period equilibria with rational expectations. 36p.
9706 Marco, M. del Carmen & Subiza, Begona. Equal loss solution
for monotonic coalitional games. 32p.
9620 Palomino, Frederic & Vega-Redondo, Fernando. Convergence of
aspirations and (partial) cooperation in the prisoner's
dilemma. 30p.
9702 Peitz, Martin. Models a la Lancaster and a la Hotelling:
when they are the same. 13p.
9705 Subiza, Begona & Peris, Josep E. Condorcet choice
correspondences for weak tournaments. 44p.
9710 Alcalde, Jose, Perez-Castrillo, David & Romero-Medina,
Antonio. Hiring procedures to implement stable allocations.
17p.
9709 Calabuig, Vicente & Olcina, Gonzalo. Bargaining, reputation
and strikes. 37p.
9713 Calzolari, Giorgio & Fiorentini, Gabriele. A Tobit model
with GARCH errors. 25p.
9715 Canoy, Marcel & Peitz, Martin. The differentiation
triangle. 29p.
9711 Chatterji, Shurojit & Chattopadhyay, Subir. Global
stability in spite of "local instability" with learning in
general equilibrium models. 23p.
9714 Echevarria, Cristina. Nonhomothetic preferences, growth,
trade and land. 35p.
9712 Echevarria, Cristina. A three-factor agricultural
production function: the case of Canada. 20p.
9707 Marhuenda, Francisco & Ortuno-Ortin, Ignacio. Income
taxation, uncertainty and stability. 24p.
9708 Naeve-Steinweg, Elisabeth. A non-cooperative approach to
meta bargaining theory. 39p.
9716 Calabuig, Vicente & Olcina, Gonzalo. Forward induction in a
wage repeated negotiation. 29p.
9717 Fiorentini, Gabriele & Sentana, Enrique. Conditional means
of time series processes and time series processes for
conditional means. 44p.
9718 Lopez-Cunat, Javier N. Adverse selection under complete
ignorance. 25p.
9721 Corchon, Luis & Iturbe-Ormaetxe, Inigo. A proposal to unify
some concepts in the theory of fairness. 31p.
9720 Elul, Ronel, Silva-Reus, Jose & Volij, Oscar. Will you
marry me?: a perspective on the gender gap. 36p.
PAGE 3
9719 Peris, Josep E. & Subiza, Begona. Choosing among maximals.
19p.
9722 Sentana, Enrique & Fiorentini, Gabriele. Identification,
estimation and testing of conditionally heteroskedastic
factor models. 44p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
163 Arin, J. & Inarra, E. Consistency and egalitarianism: the
egalitarian set. 34p.
156 Barbera, S., Masso, J. & Serizawa, S. Strategy-proof voting
on compact ranges. 22p.
158 Barros, F. & Macho-Stadler, I. Competition for managers and
product market efficiency. 17p.
159 Davila, J. On the connection between correlated equilibria
and sunspot equilibria. 12p.
157 De la Rica, S. & Espinosa, M.P. Testing employment
determination in unionised economies as a repeated game.
33p.
161 Ichiishi, T. & Sertel, M.R. Cooperative interim contract
and re-contract: Chandler's m-form firm. 28p.
162 Koray, S. & Sertel, M. A multiplication of solution
concepts. 12p.
160 Lambertini, L. & Rossini, G. Vertical differentiation,
trade and endogenous common standards. 27p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
84 Baltas, Nicholas C. The restructured cap and the periphery
of the European Union. 27p.
85 Caporale, Guglielmo M., Pittis, Nikitas & Prodromidis,
Kyprianos. Budget deficits and interest rates: the
Ricardian equivalence revisited. 33p.
85 Gatsios, Konstantine, Hatzipanayotou, Panos & Michael,
Michael S. Trade liberalization and public good provision:
migration promoting or migration demoting?. 24p.
88 Baltas, Nicholas C. Greek agriculture under the Common
Agriculture Policy: the experience of the first fifteen
years. 24p.
87 Gatsios, Konstantine, Hatzipanayotou, Panos & Michael,
Michael S. International migration, public goods and trade
liberalization. 22p.
89 Kollintzas, Tryphon & Vassilatos, Vanghelis. A small open
economy model with transaction costs in foreign capital.
28p.
90 Magoula, Theocharoula & Psacharopoulos, George. Schooling
and monetary rewards in Greece: contributions to a debate.
31p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
300 Apps, P.F., Killingsworth, M. & Rees, R. On the
specification of labour supply and household production
models. 31p.
PAGE 4
313 Chen, Paul. Gender wage differentials in performance pay
and time wages. 9p.
314 Chen, Paul & Edin, Per-Anders. Efficiency wages and
industry wages differentials: a comparison across methods of
pay. 34p.
311 Fleming, G.A. & Endres, A.M. Monetary policy and the
business cycle: the view from Geneva in the 1920s. 31p.
310 Hooper, Vince. Volatility and openness of emerging markets:
some empirical evidence. 15p.
312 Menezes, Flavio M. & Monteiro, Paulo K. A note on auctions
with endogenous participation. 21p.
320 Dungey, Mardi. A multilateral approach to decomposing
volatility in bilateral exchange rates. 38p.
319 Dungey, Mardi & Pagan, Adrian. Towards a structural VAR
model of the Australian economy. 38p.
318 Falvey, Rod, Tyers, Rod & McDougall, Robert. Trade shocks
and the magnitude of transmitted wage adjustments. 30p.
321 Jack, William. Intergenerational risk sharing and health
insurance financing. 13p.
316 Kajii, Atsushi. Rubinstein's similarity consistent
preferences: a complete characterization. 8p.
317 Lau, Sau-Him Paul. Aggregate pattern of time-dependent
adjustment rules, II: strategic complementarity & endogenous
nonsynchronization. 31p.
315 Tyers, Rod & Duncan, Ron. Developed country export growth
technology and labour markets in developed countries:
general equilibrium perspecti. 34p.
322 Benge, Matt. Depreciation provisions and investment
incentives under full imputation. 43p.
325 Dungey, Mardi & Gower, Luke. Credit limits and long-term
covered interest arbitrage. 17p.
323 Grant, Simon, Kajii, Atsushi & Polak, Ben. Intrinsic
preference for information. 26p.
324 Grant, Simon, Kajii, Atsushi & Polak, Ben. Temporal
resolution of uncertainty and recursive non-expected utility
models. 14p.
330 Apps, Patricia F. & Rees, Ray. Individual vs. joint
taxation in models with household production. 12p.
328 Apps, Patricia F. & Rees, Ray. The optimal taxation of
couples. 23p.
331 Burgos, Albert, Grant, Simon & Kajii, Atsushi. Bargaining
and boldness. 25p.
327 Eichberger, Jurgen, Grant, Simon & King, Stephen P. On
relative performance contracts and fund manager's
incentives. 32p.
326 Grant, Simon, Kajii, Atsushi & Polak, Ben. Dynamic
consistency and preference for information. 16p.
329 Grant, Simon, Kajii, Atsushi & Polak, Ben. Weakening the
sure-thing principle: decomposable choice under uncertainty.
26p.
BANCO BILBAO VIZCAYA. Research Department.
1/97 Ledo, Mayte & Sebastian, Miguel. Cyclical asynchronism and
inflation. 11p.
PAGE 5
BANCO DE ESPANA. Servicio de Estudios.
9628 Gomez, Victor & Maravall, Agustin. Program TRAMO and SEATS:
instructions for the user (beta version, September 1996).
124p.
9633 Ayuso, Juan & Lopez-Salido, J. David. What does consumption
tell us about inflation expectations and real interest
rates?. 40p.
9619 Cabrero, Alberto & Delrieu, Juan Carlos. Construction of a
composite indicator for predicting inflation in Spain. 45p.
9701 Gomez, Victor, Maravall, Agustin & Pena, Daniel. Missing
observations in ARIMA models: skipping strategy versus
additive outlier approach. 44p.
9704 Maravall, Agustin. Two discussions on new seasonal
adjustment methods (X12ARIMA and SEATS). 38p.
57 Bover, Olympia, Arellano, Manuel & Bentolila, Samuel.
Unemployment duration, benefit duration, and the business
cycle. 70p.
9706 Andres, Javier & Hernando, Ignacio. Does inflation harm
economic growth?: evidence for the OECD. 45p.
9708 Franks, Jeffrey. Labor market policies and unemployment
dynamics in Spain. 58p.
9707 Peeters, Marga. Does demand and price uncertainty affect
Belgian and Spanish corporate investment?. 32p.
9710 Ayuso, Juan & Lopez-Salido, J. David. Are ex-post real
interest rates a good proxy for ex-ante real rates?: an
international comparison within a CCAPM fr. 35p.
9715 de Castro, Francisco & Novales, Alfonso. The joint dynamics
of spot and forward exchange rates. 43p.
9712 Dolado, Juan J., Lopez-Salido, J. David & Vega, Juan Luis.
Spanish unemployment and inflation persistence: are there
Phillips trade-offs?. 40p.
9713 Gonzalez Minguez, Jose M. The balance sheet transmission
channel of monetary policy: the cases of Germany and Spain.
84p.
9724 Alberola, Enrique & Asdrubali, Pierfederico. How do
countries smooth regional disturbances?: risksharing in
Spain, 1973-1993. 36p.
9719 Alberola, Enrique, Ayuso, Juan & Lopez-Salido, J. David.
When may peseta depreciations fuel inflation?. 34p.
9721 Bell, Una-Louise. A comparative analysis of the aggregate
matching process in France, Great Britain and Spain. 30p.
9720 Gonzalez Minguez, Jose M. The back calculation of nominal
historical series after the introduction of the European
currency. 29p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
9628 Green, Edward J. Money and debt in the structure of
payments. 27p.
9629 Lohmann, Susanne. Is Japan special?: monetary linkages and
price stability. 28p.
9630 Kitamura, Yukinobu. Indexed bonds and monetary policy: the
real interest rate and the expected rate of inflation. 31p.
PAGE 6
9631 Walsh, Carl E. Inflation and central bank independence: is
Japan really an outlier?. 39p.
97-2 Baba, Naohiko. Markup pricing and monetary policy: a
reexamination of the effectiveness of monetary policy under
imperfect competi. 51p.
97-1 Oda, Nobuyuki & Muranaga, Jun. A new framework for
measuring the credit risk of a portfolio "ExVaR" model.
45p.
97-3 Dooley, Michael P. & Chinn, Menzie D. Financial repression
and capital mobility: why capital flows and covered interest
rate differentials fail to measur. 36p.
9704 Nakayama, Yasushi, et al. An electronic money scheme: a
proposal for a new electronic money scheme which is both
secure and convenient. 12p.
97-5 Kusuda, Koji & Matsumoto, Tsutomu. A strength evaluation of
the data encryption standard. 128p.
97-6 Ramseyer, J. Mark. Vertical integration in Japan:
speculations from tax law and civil procedure. 31p.
97-7 Shiratsuka, Shigenori. Inflation measures for monetary
policy: measuring underlying inflation trend and its
implications for monetary poli. 34p.
9708 Kogure, Atsuyuki. A new approach to the estimation of
stochastic differential equations with an application to
Japanese interest rate. 15p.
97-9 Yoshifuji, Shigeru. The earnings-at-risk (EaR) model and
the expanded value-at-risk (VaR) model: an application to
bond portfolios. 20p.
9710 Yamaguchi, Kenjiro & Ohnuki, Mari. The gold and silver
wraps of the Edo period: a unique form of gold and silver
coins. 15p.
9711 Shirakawa, Masaaki, Okina, Kunio & Shiratsuka, Shigenori.
Financial market globalization: present and future. 56p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
330 Barbera, Salvador, Bogomolnaia, Anna & van der Stel, Hans.
Strategy-proof probabilistic rules for expected utility
maximizers. 19p.
358 Barbera, Salvador, Masso, Jordi & Serizawa, Shigehiro.
Strategy-proof voting on compact ranges. 18p.
353 Berga-Colom, Dolors & Serizawa, Shigehiro. Maximal domain
for strategy-proof rules with one public good. 17p.
354 Bhaskar, V. & Vega-Redondo, Fernando. Migration and the
evolution of conventions. 27p.
340 Biglaiser, Gary & Ma, Ching-to Albert. Investment
incentives of a regulated dominant firm. 23p.
360 Bolton, Gary E., Brandts, Jordi & Katok, Elena. A simple
test of explanations for contributions in social dilemmas.
26p.
357 Caballe, Jordi & Pomansky, Alexey. Complete monotonicity,
background risk, and risk aversion. 18p.
336 Caballe, Jordi & Sakovics, Jozef. Overconfident speculation
with imperfect competition. 29p.
356 Emons, Winand. Expertise, contingent fees, and excessive
litigation. 16p.
PAGE 7
361 Granero, Luis M. Strategic price rigidity. 29p.
352 Kuhn, Kai-Uwe. Intertemporal price discrimination in
frictionless durable goods monopolies. 12p.
337 Kuhn, Kai-Uwe & Martinez, Catalina. Market transparency,
competitive pressure and price volatility. 35p.
342 Quesada Arana, Antonio. A generic game with non
self-enforcing equilibrium. 21p.
343 Vila, Xavier. Decision making and similarity relations:
notes on Rubinstein's approach. 11p.
365 Chebotarev, P. Yu & Shamis, Elena. Incomplete preferences
and indirect scores. 24p.
362 de la Fuente, Angel. On the sources of convergence: a close
look at the Spanish regions. 45p.
366 Malishevski, Andrey V. Versions of dictatorship in a model
of coalition-consistent decisions. 46p.
363 Olivella, Pau. Tax amnesties and tax evasion inertia. 26p.
338 Pastor Gosalbez, Maite & Sandonis Diez, Joel. Research
joint ventures vs. cross licensing agreements: an agency
approach. 38p.
367 Petith, Howard. The relation between the wage and the rates
of exploitation. 12p.
349 Quesada Arana, Antonio. Conditions for any equlibrium
selection theory to be self-defeating. 32p.
348 Quesada Arana, Antonio. Sound belief-shaping rules that
make all equilibria strategically unstable. 25p.
364 Sanchez Losada, Fernando. Relative wages, costly
acquisition of skills and patterns of unionisation. 20p.
369 Antelo, Manel. Experimentation and market structure in the
patents licensing relationship. 30p.
374 Caminal, Ramon & Matutes, Carmen. Bank solvency, market
structure, and monitoring incentives. 36p.
373 Caminal, Ramon & Matutes, Carmen. Can competition in the
credit market be excessive?. 38p.
372 Coles, M.G. Equilibrium wage dispersion, firm size and
growth. 37p.
370 Montuenga Gomez, Victor Manuel. Convergence in inflation
rates within the European Union. 31p.
371 Reboredo, Juan Carlos. Incentives to merge and bank
soundness: the case of the Spanish savings banks. 46p.
375 Barbera, S., Masso, J. & Neme, A. Maximal domains of
preferences preserving strategy proofness for generalized
median voter schemes. 15p.
377 Cardona-Coll, Daniel. Demand commitment and veto power in
multilateral bargaining. 13p.
376 Cardona-Coll, Daniel & Mancera, F.M. Demand bargaining in
legislatures. 11p.
UNIV. DE BARCELONA. Div. de Ciencies Juridiques, Econ i Socials.
10 Alegre, Antonio & Mayoral, Ross. Mathematical expectation
and variance of the final value of certain annuities values
with stochastic financial laws. 50p.
8 Driessen, Theo & Rafels, Carles. k-convexity for
transferable utility games: several characterizations. 21p.
PAGE 8
9 Izquierdo, Josep M. & Rafels, Carles. A generalization of
the bankruptcy game: financial cooperative games. 24p.
12 Lopez-Bazo, Enrique, et al. Regional economic dynamics and
convergence in the European Union. 49p.
9713 Teixeira, Jose F. New economic ideas and economic policy
reform: an analysis of the Swedish experience in the 30s.
42p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
96-9 Angehrn, B., Regev, U. & Rieder, P. Input demand effect of
human capital in plant protection. 24p.
96-6 Arnon, A. Free and not so free banking theories among the
classicals. 42p.
9610 Einy, E., et al. Core equivalence theorems for infinite
convex games. 18p.
96-1 Ferreira, R. & Zuscovitch, E. Jack of all trades or master
of one?: the specialization flexibility trade off. 28p.
96-5 Gradstein, M. & Justman, M. The political economy of mixed
public and private schooling. 23p.
9612 Hammida, M. & Nadav, C. Effect of off-farm labor on farm's
production and marketing decisions under uncertainty. 19p.
96-2 Hochman, O. More on scale economies and cities. 36p.
9611 Klug, A. & Nadav, C. The Fed versus the New Deal: John H.
Williams and the Depression of 1937. 38p.
96-7 Luski, I. & Wettstein, D. R & D activity in a general
equilibrium setting: a Lindahlian perspective. 24p.
96-4 Nadav, C. Convergence in nutrition clubs. 21p.
96-3 Nadav, C. The measurement of aggregate human capital. 27p.
96-8 Regev, U., et al. Bio-economic foundations of renewable
resource exploitation. 29p.
9613 Shalit, H. Finding better securities while holding
portfolios. 21p.
9615 Einy, Ezra, Monderer, Dov & Moreno, Diego. The least core,
kernel, and bargaining sets of large games. 21p.
97-6 Einy, Ezra & Shitovitz, Benyamin. Von Neumann-Morgenstern
stability of the symmetric Pareto optimal allocations in
pure exchange economies. 32p.
9701 Gradstein, Mark & Justman, Moshe. Democratic choice of an
education system: implications for growth and income
distribution. 27p.
97-2 Gradstein, Mark & Justman, Moshe. The political dynamics of
education, endogenous growth and inequality in a mixed
economy. 43p.
9617 Hochman, Oded. Zoning as a control of pollution in a
spatial environment. 54p.
9614 Justman, Moshe. Growth through innovation: a Schumpeterian
perspective. 32p.
97-7 Justman, Moshe & Thisse, Jacques-Francois. Local public
funding of higher education when skilled labor is mobile.
24p.
97-4 Kaplan, Todd R. & Wettstein, David. Mixed-strategy
equilibria with constant returns to scale technology under
Bertrand competition. 8p.
PAGE 9
97-3 Kaplan, Todd R. & Wettstein, David. Surplus sharing with a
two-stage mechanism. 13p.
97-5 Klug, Adam. Progress and paradox in international
economics. 11p.
9712 Einy, E., Moreno, D. & Shitovitz, B. The asymptotic
nucleolus of large monopolistic games. 23p.
97-9 Einy, E., Moreno, D. & Shitovitz, B. The core of a class of
non-atomic games which arise in economic applications. 17p.
9711 Einy, E., Holzman, R. & Monderer, D. On the least core and
the Mas-Colell bargaining set. 12p.
9716 Gradstein, M. & Justman, M. The political transition: a
turning point in the dynamics of growth and inequality.
24p.
9714 Justman, M. Schumpeterian waves of disequilibrium growth: a
general equilibrium analysis. 40p.
9715 Justman, M. & Gradstein, M. Industrialization,
democratization & declining inequality: the political
transition after the Industrial Revolution. 25p.
97-8 Klug, A. & Nadav, C. On the predictive power of the term
structure during the 1930s. 13p.
9713 Klug, A. & Smith, G.W. Suez and sterling, 1956. 26p.
9717 Justman, Moshe. Technological infrastructure policy in an
integrated world economy: national support, international
coordination. 16p.
9718 Luski, Israel & Wettstein, David. Wage competition in the
labor market: equilibria and the impact of minimum wage
laws. 19p.
BOSTON UNIVERSITY. Dept. of Econ-Industry Studies Program.
75 Kahn, Charles M. & Mookherjee, Dilip. Competition and
incentives with non-exclusive contracts. 35p.
72 Kuhn, Kai-Uwe & Padilla, A. Jorge. A theory of union power
and labor turnover. 40p.
73 Padilla, A. Jorge & Pagano, Marco. Sharing default
information as a borrower discipline device. 30p.
74 Padilla, A. Jorge & Requejo, Alejandro. Financial distress,
bank debt and restructurings, and layoffs: theory and
evidence. 46p.
76 Adda, Jerome & Cooper, Russell. Balladurette and Juppette:
a discrete analysis of scrapping subsidies. 49p.
77 de Frutos, Maria A. & Rosenthal, Robert W. On some myths
about sequenced common-value auctions. 24p.
78 Miron, Jeffrey A. The effect of alcohol prohibition on
alcohol consumption. 39p.
79 Tseng, Chung-Li, Li, Chao-an & Oren, Shmuel S. Solving unit
commitment by a unit decommitment method. 14p.
80 Ma, Ching-to Albert & Riordan, Michael H. Health insurance,
moral hazard, and managed care. 30p.
82 Berman, Eli & Bui, Linda T. Environmental regulation and
labor demand: evidence from the South Coast Air Basin. 39p.
81 Ma, Ching-to Albert & McGuire, Thomas G. Costs and
incentives in a mental health and substance abuse carve out.
18p.
PAGE 10
83 Minehart, Deborah & Neeman, Zvika. Termination and
coordination in partnerships. 27p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9601 Anas, Alex & Xu, Rong. Congestion, land use and job
dispersion: do tolls matter?. 40p.
9701 Courty, Pascal & Marschke, Gerald. Measuring government
performance: lessons from a federal job training program.
14p.
9702 Anas, Alex, Arnott, Richard & Small, Kenneth. Urban spatial
structure. 69p.
9704 Gort, Michael & Sung, Nakil. Competition and productivity
growth: the experience of the U.S. telephone industry. 26p.
9703 Gort, Michael & Agarwal, Rajshree. Firm and industry
attributes as determinants of survival. 28p.
9705 Holmes, James M. & Hutton, Patricia A. Employment, profits,
and the distributions of income over the business cycle.
54p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
976 Altman, Micah. What are judicially manageable standards for
redistricting?: evidence from history. 16p.
983 Camerer, Colin. Can asset markets be manipulated?: a field
experiment with racetrack betting. 21p.
979 Chaney, Carole, Alvarez, R. Michael & Nagler, Jonathan.
Explaining the gender gap in U.S. presidential elections,
1980-1992. 24p.
988 El-Gamal, Mahmoud & Grether, David M. Unknown
heterogeneity, the EC-EM algorithm, and large T
approximations. 30p.
980 Ghirardato, Paolo, Kilbanoff, Peter & Marianacci, Massimo.
Linearity with multiple priors. 12p.
993 Hopenhayn, Hugo & Lohmann, Susanne. Delegation and the
regulation of risk. 36p.
985 Palfrey, Thomas R. & Jackson, Matthew. Dynamic efficiency
and voluntary implementation in markets with repeated
pairwise bargaining. 40p.
972 Polishchuk, Leonid. Russian federalism: economic reform and
political behavior. 29p.
982 Porter, David P. The effect of bid withdrawal in a
multi-object auction. 31p.
992 Weber, Roberto, et al. The illusion of leadership. 20p.
989 Bonarenko, Oleg & Bossaerts, Peter. Expectations and
learning in Iowa. 23p.
998 Dubin, Jeffrey A. & Kalsow, Gretchen A. An aggregate nested
logit model of political participation. 37p.
997 Dubin, Jeffrey A. & Kalsow, Gretchen A. Participation in
direct legislation: evidence from the voting booth. 25p.
981 Elston, Julie Ann, et al. Financial factors and investment
in Belgium, France, Germany and the U.K.: a comparison using
company panel data. 24p.
1000 Ghirardato, Paolo & Le Breton, Michel. Choquet
rationalizability. 19p.
PAGE 11
995 Lohmann, Susanne. Electoral incentives, informational
asymmetries, and the policy bias toward special interests.
38p.
994 Lohmann, Susanne. Federalism and central bank autonomy: the
politics of German monetary policy, 1957-1992. 44p.
996 Lohmann, Susanne. Linkage politics. 42p.
1001 Page, Scott E. On incentives and updating in agent based
models. 22p.
1002 Page, Scott E. On the emergence of cities. 30p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
253 O'Donoghue, Ted & Rabin, Matthew. Doing it now or later.
39p.
252 Rabin, Matthew. Fairness in repeated games. 33p.
251 Rabin, Matthew. Psychology and economics. 96p.
250 Rabin, Matthew & Schrag, Joel. First impressions matter: a
model of confirmatory bias. 28p.
254 Ellickson, Bryan, et al. Clubs and the market: continuum
economies. 62p.
255 Ellickson, Bryan, et al. Clubs and the market: large finite
economies. 44p.
256 Brown, Donald J. & Shannon, Chris. Uniqueness, stability,
and comparative statics in rationalizable Walrasian markets.
16p.
257 Edlin, Aaron S. & Emch, Eric R. The welfare losses from
price matching policies. 36p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
74 Frankel, Jeffrey A. & Wei, Shang-Jin. ASEAN in a regional
perspective. 79p.
79 Eichengreen, Barry. EMU: an outsider's perspective. 35p.
80 Eichengreen, Barry. Hegemonic stability theory and economic
analysis: reflections on financial instability and the need
for an internat. 9p.
77 Eichengreen, Barry. On the links between monetary and
political integration. 13p.
82 Eichengreen, Barry. Saving Europe's automatic stabilizers.
18p.
78 Eichengreen, Barry & Bayoumi, Tamim. Ever closer to
heaven?: an optimum currency area index for European
countries. 12p.
81 Eichengreen, Barry & Bayoumi, Tamim. Is Asia an optimum
currency area?: Can it become one?: regional, global and
historical perspectives on Asian moneta. 29p.
83 Eichengreen, Barry & Odell, John. The United States, the
ITO, and the WTO: exit options, agent slack, and
presidential leadership. 53p.
76 Ghezzi, Piero. Backward-looking contracts, credibility and
inflation convergence. 23p.
75 Obstfeld, Maurice. Destabilizing effects of exchange rate
escape clauses. 29p.
84 Eichengreen, Barry. The Baring crisis in a Mexican mirror.
37p.
PAGE 12
85 Obstfeld, Maurice. Dynamic seigniorage theory: an
exploration. 48p.
89 della Paolera, Gerardo & Taylor, Alan M. Finance and
development in an emerging market: Argentina and the
interwar period. 33p.
91 Eichengreen, Barry & Ghironi, Fabio. European monetary
unification and international monetary cooperation. 50p.
92 Eichengreen, Barry. Exchange rate stability and financial
stability. 58p.
90 Eichengreen, Barry. The Marshall Plan today. 20p.
87 Frankel, Jeffrey A. & Schmukler, Sergio L. Country funds
and asymmetric information. 61p.
88 Obstfeld, Maurice & Taylor, Alan M. Nonlinear aspects of
goods-market arbitrage and adjustment: Heckscher's commodity
points revisited. 48p.
86 Soledad Martinez Peria, Maria. Understanding devaluations
in Latin America: a "bad fundamentals" approach. 38p.
93 Jeanne, Olivier. The persistence of unemployment under a
fixed exchange rate peg. 46p.
94 Jones, Matthew T. & Obstfeld, Maurice. Saving, investment,
and gold: a reassessment of historical current account data.
59p.
UNIVERSITY OF CALIFORNIA-SAN DIEGO. Department of Economics.
9640 Andersen, Lykke E., et al. Report on Amazon deforestation.
133p.
9629 Betts, Julian R. The impact of educational standards on the
level and distribution of earnings. 24p.
9624 Betts, Julian R. The impact of school resources on women's
earnings and educational attainment: findings from the
National Longitudi. 41p.
9625 Betts, Julian R. & Shkolnik, Jamie L. The effects of
ability tracking on student math achievement and resource
allocation in secondary schools. 27p.
9631 Carson, Richard T. & Flores, Nicholas E. Another look at
"Does contingent valuation measure preferences?:
experimental evidence": how compelling is the evid. 25p.
9636 Carson, Richard T., Flores, Nicholas E. & Meade, Norman F.
Contingent valuation: controversies and evidence. 42p.
9626 Dardanoni, Valentino & Forcina, Antonio. Inference for the
Lorenz curve ordering. 25p.
9633 Demichelis, Stefano & Germano, Fabrizio. On the indices of
zeros of Nash fields. 12p.
9634 Den Haan, Wouter J. Understanding equilibrium models with a
small and a large number of agents. 43p.
9627 Enders, Walter & Granger, C.W.J. Unit-root tests and
asymmetric adjustment with an example using the term
structure of interest rates. 32p.
9632 Engle, Robert F & Hylleberg, Svend. Common seasonal
features: global unemployment. 19p.
9638 Escribano, Alvaro & Granger, Clive W.J. Investigating the
relationship between gold and silver prices. 34p.
9635 Gjerstad, Steven & Shachat, Jason. A general equilibrium
structure for induced supply and demand. 19p.
PAGE 13
9623 Granger, C.W.J. & Pesaran, M. Hashem. A decision theoretic
approach to forecast evaluation. 19p.
9639 Marcellino, Massimiliano. Some temporal aggregation issues
in empirical analysis. 43p.
9622 Ramey, Garey & Watson, Joel. Contractual fragility, job
destruction and business cycles. 38p.
9630 Raphael, Steven. Inter and intra-ethnic comparisons of the
central city-suburban youth employment differential:
evidence from Oaklan. 36p.
9641 Raphael, Steven. Intervening opportunities, competing
searchers, and the intra-metropolitan flow of male youth
labor. 27p.
9628 Rauch, James E. & Watson, Joel. Starting small in an
unfamiliar environment. 24p.
9637 Shachat, Jason M. Mixed strategy play and the minimax
hypothesis. 49p.
9707 Alberini, Anna, Kanninan, Barbara & Carson, Richard T.
Modelling response incentive effects in dichotomous choice
contingent valuation data. 30p.
9708 Carson, Richard T. & Jeon, Yongil. The relationship between
air pollution emissions and income: U.S. data. 19p.
9711 Chen, Xiaohong & White, Halbert. Improved rates and
asymptotic normality for nonparametric neural network
estimators. 20p.
9703 Dardanoni, Valentino & Forcina, Antonio. A unified approach
to likelihood inference on stochastic orderings in a
nonparametric context. 30p.
9706 Engle, Robert F. & Gau, Yin-Feng. Conditional volatility of
exchange rates under a target zone. 27p.
9712 Engle, Robert F. & Lange, Joe. Measuring forecasting and
explaining time varying liquidity in the stock market. 22p.
9702 Friedberg, Leora. Did unilateral divorce raise divorce
rates?: evidence from panel data. 24p.
9714 Friedberg, Leora. The effect of old age assistance on
retirement. 35p.
9701 Friedberg, Leora. The labor supply effects of the social
security earnings test. 37p.
9710 Granger, Clive W.J. & Huang, Ling-ling. Evaluation of panel
data models: some suggestions from time series. 26p.
9709 Raphael, Steven. Estimating the union earnings effect using
a sample of displaced workers. 21p.
9705 Raphael, Steven & Riker, David A. Geographic mobility,
race, and wage discrimination. 32p.
9704 Raphael, Steven. The spatial mismatch hypothesis and black
youth joblessness: evidence from the San Francisco Bay Area.
36p.
9713 Schlittgen, Rainer. Fitting of threshold models for time
series. 17p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
17/96 Garratt, Rod. On bargaining for an indivisible good. 12p.
15/96 Kolstad, Charles D. Learning, irreversibilities and
climate. 38p.
PAGE 14
16/96 Yang, Der-Yuan. A mechanism for allocating the expenses of
public goods: analyses of a Swedish government project.
19p.
1/97 Danger, Kenneth L. & Frech, H.E. Payment source and the
cost of hospital care: evidence from a multiproduct cost
function with multiple payers: comm. 21p.
3/97 Krouse, Clement G., et al. The Bell System
divestiture/deregulation and the efficiency of the operating
companies. 32p.
2/97 Shapiro, Perry, Petchey, Jeffrey & Cornes, Richard.
Autarky, confederation and federation. 34p.
4/97 Bohn, Henning & Deacon, Robert T. Ownership risk,
investment, and the use of natural resources. 49p.
5/97 Frech, H.E. & Miller, Richard D. The productivity of health
care and pharmaceuticals: an international comparison. 51p.
6/97 Sengupta, Jati K. New efficiency theory: extensions and new
applications of data envelopment analysis. 27p.
8/97 Braden, J.B., et al. The demand for synthetic fuels:
contingent valuation of quality differentiated factors of
production. 30p.
7/97 Qin, Cheng-Zhong. Escrow, "hostages," and cooperation.
27p.
10/97 Bohn, Henning. Social security reform and financial
markets. 47p.
9/97 Donchev, Doncho S., Rachev, Svetlosar T. & Steigerwald,
Douglas G. Optimal policies for investment with
time-varying return distributions. 40p.
11/97 Sengupta, Jati K. A dynamic efficiency model using data
envelopment analysis. 19p.
12/97 Hamilton, Dan E. How productive are public capital, private
capital, human capital and R & D in the U.S.?. 35p.
15/97 Ponti, Giovanni B. Continuous-time evolutionary dynamics
and their economic applications. 25p.
16/97 Ponti, Giovanni. Cycles of learning in the centipede game.
21p.
13/97 Yang, Der-Yuan. A cooperative perspective on sovereign
debt: past and present. 24p.
UNIVERSITY OF CAMBRIDGE. Department of Applied Economics.
9619 Binder, Michael & Pesaran, M. Hashem. Multivariate linear
rational expectations models: characterisations of the
nature of the solutions and their fully . 11p.
9618 Granger, C.W.J. & Pesaran, M. Hashem. A decision theoretic
approach to forecast evaluation. 19p.
9624 Jarvis, Sarah & Redmond, Gerry. Child poverty, economic
transition and welfare state regimes in the U.K. and
Hungary. 32p.
9620 Newbery, David M. Privatisation and liberalisation in
network utilities. 22p.
9621 Nolan, Peter. Big business with Chinese characteristics:
two paths to growth of the firm in China under reform. 38p.
9623 Pederson, C.S. & Satchell, S.E. An extended family of
financial risk measures. 24p.
PAGE 15
9625 Pesaran, M. Hashem & Timmermann, A. A recursive modelling
approach to predicting UK stock returns. 37p.
9622 Pesaran, M.H., Shin, Y. & Smith, R.J. Testing for the
existence of a long-run relationship. 26p.
9704 Anderlini, Luca & Felli, Leonardo. Costly Coasian
contracts. 57p.
9703 Collins, Grainne & Redmond, Gerry. Poverty in the U.K. and
Hungary: evidence from household budget surveys. 54p.
9702 Nolan, Peter & Xiaoqiang, Wang. The Chinese Army's firm in
business: the Sanjiu Group. 34p.
9701 Pollitt, Michael G. The restructuring and privatisation of
the electricity supply industry in Northern Ireland: will it
be worth it?. 30p.
9712 Atkinson, A.B. Measurement of trends in poverty and the
income distribution. 150p.
9708 Binder, Michael & Pesaran, M. Hashem. Solution of
multivariate linear rational expectations models and large
sparse linear systems. 14p.
9705 Brunekreeft, Gert. The 1996 reform of the electricity
supply industry in the Netherlands. 18p.
9707 Newbery, David M. Competition, contracts and entry in the
electricity spot market. 26p.
9709 Pesaran, M. Hashem & Taylor, Larry W. Diagnostics for IV
regressions. 17p.
9710 Pesaran, M. Hashem & Shin, Yongcheol. Generalised impulse
response analysis in linear multivariate models. 12p.
9706 Pesaran, M. Hashem, Shin, Yongcheol & Smith, Richard J.
Structural analysis of vector error correction models with
exogenous I(1) variables. 45p.
9711 Pratten, C.F., Robertson, D. & Tatch, J.R. A study of the
factors affecting participation in post-compulsory,
full-time education and government supported tra. 77p.
9717 Arden, Richard, Holly, Sean & Turner, Paul. Asymmetric
adjustment costs, asymmetric pricing, and employment:
evidence from the UK. 15p.
9715 Arden, Richard, Holly, Sean & Turner, Paul. The asymmetric
adjustment of prices: theory and evidence from UK
manufacturing. 26p.
9716 Arden, Richard, Holly, Sean & Turner, Paul. Asymmetries in
private sector investment expenditure: an empirical
investigation. 20p.
9719 Arden, Richard, Holly, Sean & Turner, Paul. Production
smoothing, inventory investment and asymmetric adjustment.
25p.
9723 Bourguignon, Francois, et al. Eur3: a prototype European
tax-benefit model. 48p.
9728 Cook, Steven. Cross-vintage encompassing. 22p.
9727 Cook, Steven. Forecasting the growth in consumers'
expenditure: the Treasury model. 30p.
9714 Damant, D.C., Hwang, S. & Satchell, S.E. An integrated risk
measure with application to UK asset allocation. 28p.
9724 Hancock, Ruth. Computing strategy for a European
tax-benefit model. 55p.
9726 Kattuman, Paul & Redmond, Gerry. Income inequality in
Hungary, 1987-1993. 38p.
PAGE 16
9720 Klevmarken, N. Anders. Modelling behavioural response in
EUROMOD. 13p.
9721 Pesaran, M. Hashem, Shin, Yongcheol & Smith, Ron P. Pooled
estimation of long-run relationships in dynamic
heterogeneous panels. 30p.
9713 Pratten, Cliff F. Small firms in the UK. 25p.
9730 Sokalska, Magdalena. Equity price dynamics in thin emerging
markets of Central and Eastern Europe. 30p.
9722 Solomou, Solomos & Wu, Weike. The impact of weather on the
construction sector output variations, 1955-1989. 41p.
9718 Vidal, Jean-Pierre. Capital mobility in a dynastic
framework. 24p.
9729 Vidal, Jean-Pierre. The effect of emigration on human
capital formation. 10p.
BANK OF CANADA. Technical Reports.
77 Butler, Leo. A semi-structural method to estimate potential
output: combining economic theory with a time series filter.
85p.
78 Guay, Alain & St.-Amant, Pierre. Do mechanical filters
provide a good approximation of business cycles?. 40p.
79 St. Amant, Pierre & van Norden, Simon. Measurement of the
output gap: a discussion of recent research at the Bank of
Canada. 62p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9607 Carter, Michael & Wright, Julian. Interconnection in
network industries. 33p.
9611 Fowlie, Kerryn & Wright, Julian. Optimal currency
denomination of public debt in New Zealand. 15p.
9606 Meguire, Philip. Getting it right: superannuation and
savings in the USA. 28p.
9610 Steele, David & Wright, Julian. The forward premium bias
under different monetary policy environments. 5p.
9608 Winkelmann, Liliana & Winkelmann, Rainer. Tariffs, quotas
and terms-of-trade: the case of New Zealand. 41p.
9609 Wright, Julian. Credit frictions, debt choice and the
transmission of monetary policy. 29p.
9701 Guender, Alfred V. Is there a bank lending channel of
monetary policy in New Zealand?. 55p.
9702 Boyle, Glenn W. & Guthrie, Graeme A. Payback and the value
of waiting to invest. 18p.
9703 Schwalbe, Ulrich & Walker, Paul. Zermelo and the early
history of game theory. 13p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9661 Alba-Ramirez, Alfonso. Employment transitions of young
workers in Spain. 38p.
9671 Alba-Ramirez, Alfonso. Explaining the transitions out of
unemployment in Spain: the effect of unemployment insurance.
18p.
PAGE 17
9660 Alba-Ramirez, Alfonso. Labor market effects of fixed-term
employment contracts in Spain. 33p.
9658 Aparicio, Felipe & Estrada, Javier. Empirical distributions
of stock returns: Scandanavian securities markets, 1990-95.
14p.
9659 Costa-Cabral, Celia, Kujal, Praveen & Petrakis, Emmanuel.
Incentives for cost reducing innovations under quantitative
import restraints. 24p.
9657 Herves-Beloso, Carlos, Moreno-Garcia, Emma & Nunez-Sanz,
Carmelo. Some discrete approaches to continuum economies.
23p.
9662 Petrakis, Emmanuel & Roy, Santanu. Cost reducing
investment, competition and industry dynamics. 25p.
9672 Rubio, G. & Tapia, M. The liquidity premium in equity
pricing under a continuous auction system. 36p.
9668 Saura, M.D. & Gomez-Mejia, L.R. The effectiveness of
organization-wide compensation strategies in technology
intensive firms. 39p.
9669 Saura, M.D. & Gomez-Mejia, L.R. The linkages between
business stategies and compensation policies using Miles and
Snow's framework. 40p.
9675 Balbas, Alejandro & Munoz, Maria Jose. Measuring the degree
of fulfillment of the law of one price: applications to
financial markets integration. 18p.
9673 Bonache, Jaime & Fernandez, Zulima. Expatriate compensation
and its link to subsidiary strategic role: a theoretical
analysis. 34p.
9707 Feldman, Roger, Escribano, Carlos & Pellise, Laura. The
role of government in competitive insurance markets with
adverse selection. 24p.
9704 Herguera, Inigo & Lutz, Stefan. Trade policy and
leapfrogging. 25p.
9674 Pellise, Laura. Assessing Muface's managed competition
experiment in the Spanish health care system. 71p.
9646 Pena, Daniel. Measuring service quality by linear
indicators. 17p.
9712 Aguirregabiria, Victor & Alonso-Borrego, Cesar. Employment
occupational structure, technological capital and
reorganization of production. 35p.
9714 Alba-Ramirez, Alfonso. How temporary is temporary
employment in Spain?. 31p.
9709 Dolado, Juan Jose & Jimeno, Juan F. The causes of Spanish
unemployment: a structural VAR approach. 32p.
9710 Dolado, Juan Jose, Felgueroso, Florentino & Jimeno, Juan F.
Minimum wages, collective bargaining and wage dispersion:
the Spanish case. 16p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9612 Broadie, Mark & Glasserman, Paul. Pricing American style
securities using simulation. 27p.
9616 Browne, Sid. Reaching goals by a deadline: digital options
and continuous-time active portfolio management. 36p.
9611 Lichtenberg, Frank R. The effect of new political
administration on federal government productivity and
employment. 10p.
PAGE 18
9614 Chichilnisky, Graciela & Zhou, Yuqing. Smooth infinite
economies. 21p.
9613 Chichilnisky, Graciela. A topological invariant for
competitive markets. 21p.
9615 Chichilnisky, Graciela. Topology and invertible maps. 10p.
9610 Lehr, Bill & Lichtenberg, Frank R. Computer use and
productivity growth in federal government agencies, 1987 to
1992. 36p.
9609 Lichtenberg, Frank R. The European Strategic Program for
Research in Information Technologies (ESPRIT): an ex-post
analysis. 30p.
9622 Beim, David O. The prime premium: is relationship banking
too costly for some?. 29p.
9617 Chichilnisky, Graciela. Limited arbitrage and uniqueness of
equilibrium in strictly regular economies. 7p.
9620 Chichilnisky, Graciela. A unified perspective on resource
allocation: limited arbitrage is necessary & sufficient for
the existence of a co. 47p.
9621 Danthine, Jean-Pierre & Moresi, Serge. Front-running by
mutual fund managers: it ain't that bad. 32p.
9619 Fan, Hua & Sundaresan, Suresh. Debt valuation, strategic
debt service and optimal dividend policy. 57p.
9624 Harris, Trevor S. & Kemsley, Deen. Dividend and capital
gains taxation in firm valuation: new evidence. 31p.
9623 Nielsen, Lars Tyge & Vassalou, Maria. Portfolio selection
and asset pricing with dynamically incomplete markets and
time-varying first and second moments. 31p.
9618 Sundaresan, Suresh & Zapatero, Fernando. Valuation, optimal
asset allocation and retirement incentives of pension plans.
31p.
9706 Chichilnisky, Graciela & Heal, Geoffrey. Securitizing the
biosphere. 18p.
9707 Chichilnisky, Graciela & Heal, Geoffrey. Managing unknown
risks: the future of global reinsurance. 10p.
9705 Danthine, Jean-Pierre, Donaldson, John B. & Johnsen, Thore.
Productivity growth, consumer confidence and the business
cycle. 41p.
9703 Heal, Geoffrey. Discounting and climate change. 11p.
9708 Heal, Geoffrey. Valuing our future: cost-benefit analysis
and sustainability. 29p.
9704 Huberman, Gur. Familiarity breeds investment. 27p.
9709 Mainolfi, Francesco. Market timing tests and public
information: an analysis of the conditional distribution of
returns. 54p.
9701 Sirower, Mark & Harrigan, Kathryn R. The synergy limitation
paradox. 21p.
9702 Vassalou, Maria. What does foreign inflation tell us about
future domestic inflation?: evidence from the G-7 countries.
29p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9701 Albaek, Svend & Schultz, Christian. One cow, one vote?.
21p.
PAGE 19
9703 Albaek, Svend, Mollgaard, Peter & Overgaard, Per B.
Government assisted oligopoly coordination?: a concrete
case. 28p.
9706 Antle, Rick, Bogetoft, Peter & Stark, Andrew W. Selection
among mutually exclusive investments with managerial private
information and moral hazard. 25p.
9704 Groes, Ebbe & Tranaes, Torben. On the efficiency of
decentralized exchange with resale possibilities. 21p.
9707 Harstad, Ronald, Martin, Stephen & Normann, Hans-Theo.
Experimental tests of consciously parallel behavior in
oligopoly. 37p.
9705 Lyk-Jensen, Peter. How to cheat the auctioneer: collusion
in auctions when signals are affiliated. 27p.
9702 Martin, Stephen. Competition policy: publicity vs.
prohibition and punishment. 36p.
9710 Berechman, Joseph, Poddar, Sougata & Shy, Oz. Network
structure and entry in the deregulated airline industry.
16p.
9711 Dilling-Hansen, Mogens, Madsen, Erik S. & Smith, Valdemar.
Entry into Danish manufacturing industries. 15p.
9708 Lambertini, Luca. Prisoners' dilemma in duopoly
(super)games. 10p.
9709 Sasaki, Dan. Newtonian auctioneering. 21p.
9715 Hinloopen, Jeroen. Subsidizing R & D cooperatives. 36p.
9716 Hinloopen, Jeroen & van Marrewijk, Charles. Spatial duopoly
with a reservation price. 37p.
9713 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan. Research
joint ventures in product innovation and cartel stability.
9p.
9714 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan.
Standardization and the stability of collusion. 8p.
9718 Lambertini, Luca & Rossini, Gianpaolo. Vertical
differentiation, trade and endogenous common standards.
27p.
9712 Poddar, Sougata. Capacity and entry deterrence under
asymmetric information on demand. 18p.
9717 Schultz, Christian. Limit pricing when incumbents have
conflicting interests. 35p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9617 Ghiglino, Christian & Tvede, Mich. Multiplicity of
equilibria. 16p.
9619 Groes, Ebbe, et al. Axiomatic characterizations of the
Choquet integral. 12p.
9614 Hansen, Claus T. Progressive taxation, wage bargaining, and
endogenous working time. 36p.
9620 Heltberg, Rasmus. How rural market imperfections shape the
relation between farm size and productivity: a general
framework and an ap. 24p.
9616 Jacobsen, Hans Jorgen. Endogenous, imperfectly competitive
business cycles. 34p.
9615 Jacobsen, Hans Jorgen & Sloth, Birgitte. Stochastic
learning and the intuitive criterion in simple signaling
games. 35p.
PAGE 20
9618 Juselius, Katarina. Are empirical analysis of the changing
role of the German Bundesbank after 1983. 30p.
9621 Cardon, James H. & Sasaki, Dan. Pre-emptive search and R &
D clustering. 20p.
9624 Ejarque, Joao. Investment irreversibility and precautionary
savings in general equilibrium. 37p.
9622 Poddar, Sougata. Capacity and entry deterrence under demand
uncertainty. 20p.
9625 Rubin, Jonathan. The European stability pact and the effect
of uncertainty on the debt and deficit ratios. 28p.
9623 Vind, Karl. von Neumann Morgenstern preferences. 21p.
9701 Lambertini, Luca. Strategic delegation and the shape of
market competition. 25p.
9702 Roemer, John E.. The (non-parochial) welfare economics of
immigration. 25p.
9704 Ejarque, Joao. Uncertainty and durable consumption in the
Great Depression. 51p.
9703 Roemer, John E. The democratic political economy of
progressive income taxation. 33p.
9705 Poddar, Sougata. Uncertainty, entry deterrence and excess
capacity. 17p.
9708 Sasaki, Dan. Ignorance as a commitment device. 26p.
9707 Sasaki, Dan. Strategic information acquisition. 23p.
9706 Sorensen, Peter B. Optimal tax progressivity in imperfect
labour markets. 37p.
9711 Dixon, Huw David & Hansen, Claus T. A mixed industrial
structure magnifies the importance of menu costs. 24p.
9710 Lambertini, Luca. Time consistency in games of timing.
29p.
9709 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan. Research
joint ventures and price collusion under endogenous product
differentiation. 14p.
9712 Portner, Claus C. Children as insurance. 42p.
CORNELL UNIVERSITY. Center for Analytic Economics.
9603r Antinolfi, Gaetano & Keiser, D. Todd. Options and sunspots
in a simple monetary economy. 28p.
9617 Bala, Venkatesh, Majumdar, Mukul & Mitra, Tapan.
Controlling chaos: some analytical results and applications
to tatonnement. 17p.
9701 Bayazitoglu, Berna S. & Kiefer, Nicholas M. Empirical
analysis of bidder behavior and market outcomes in Turkish
Treasury bill auctions. 32p.
9616 Bhattacharya, Joydeep. Unpleasant monetarist arithmetic in
a simple production economy. 22p.
9705 Bowlus, Audra J., Kiefer, Nicholas M. & Neumann, George R.
Equilibrium search models and the transition from school to
work. 44p.
9609 Chandra, Siddharth & Vogelsang, Timothy J. Change and
involution in sugar production in the cultivation system in
Java. 38p.
9619 Christensen, Bent J. & Kiefer, Nicholas M. Simulated moment
methods for empirical equivalent martingale measures. 28p.
PAGE 21
9608 Chun, Rodney. Rates of privatization and long run
development in transitional economies. 28p.
9614 Dasgupta, Swapan & Mitra, Tapan. National product, income
accounts and sustainable development. 38p.
9610 Easley, David & Rustichini, Aldo. Choice without beliefs.
36p.
9618 Guzman, Mark G. Some macroeconomic implications of bank
structure. 42p.
9613 Mitra, Tapan. On the nature of policy functions of dynamic
optimization models. 31p.
9703 Mitra, Tapan & Sorger, Gerhard. Rationalizing policy
functions by dynamic optimization. 27p.
9604 Natarajan, Ranjini, McCulloch, Charles E. & Kiefer, Nicholas
M. A Monte Carlo EM method for estimating multinomial
probit models. 38p.
9702 Veracierto, Marcelo. Plant level irreversible investment
and equilibrium business cycles. 42p.
9612 Veracierto, Marcelo. Policy analysis in an aggregate model
of the employment creation and destruction process. 60p.
9704 Vogelsang, Tim. Sources of nonmonotonic power when testing
for a shift in the trend of a dynamic time series. 26p.
9611 Vogelsang, Timothy J. Trend function hypothesis testing in
the presence of serial correlation. 45p.
9607 Zabojnik, Jan. Market for managers. 25p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1141 Andrews, Donald W.K. & Buchinsky, Moshe. On the number of
boostrap repetitions for bootstrap standard error estimates.
24p.
1138 Bergemann, Dirk & Valimaki, Juuso. Market diffusion with
two-sided learning. 42p.
1137 Chao, John C. & Phillips, Peter C.B. Bayesian posterior
distributions in limited information analysis of the
simultaneous equations model using the Jeff. 34p.
1139 Khan, M. Ali & Sun, Yeneng. Hyperfinite asset pricing
theory. 59p.
1140 Linton, Oliver & Gozalo, Pedro. Conditional independence
restrictions: testing and estimation. 48p.
1136 Polemarchakis, H.M. & Siconolfi, P. Prices, asset markets
and indeterminacy. 17p.
1143 Geanakoplos, John. Promises promises. 33p.
1144 Pakes, Ariel & McGuire, Paul. Stochastic algorithms for
dynamic models: Markov perfect equilibrium and the `curse'
of dimensionality. 48p.
1146 Andrews, Donald W.K. Consistent moment selection procedures
for generalized method of moments estimation. 61p.
1142 Bulow, Jeremy & Klemperer, Paul. The generalized war of
attrition. 24p.
1147 De Waegenaere, A., Polemarchakis, H.M. & Ventura, L. Asset
markets and investment decisions. 23p.
1148 Fan, Yanqin & Linton, Oliver. Some higher order theory for
a consistent nonparametric model specification test. 47p.
1145 Shiller, Robert. Expanding the scope of individual risk
management: moral hazard and other behavioral
considerations. 29p.
PAGE 22
1151 Linton, Oliver B. Second-order approximation for
semiparametric instrumental variable estimators and test
statistics. 83p.
1149 Tobin, James. Can we grow faster?. 24p.
1150 Tobin, James. Supply constraints on employment and output:
NAIRU versus the natural rate. 24p.
1126r Aliprantis, C.D., Brown, D.J. & Werner, J. Imcomplete
derivative markets and portfolio insurance. 13p.
1153 Andrews, Donald W.K. Estimation when a parameter is on a
boundary: theory and applications. 90p.
1154 Athanasoulis, Stefano & Shiller, Robert J. The significance
of the market portfolio. 29p.
1155 Chao, John C. & Phillips, Peter C.B. Model selection in
partially nonstationary vector autoregressive processes with
reduced rank structure. 45p.
1152 Nordhaus, William D. Beyond the CPI: an augmented cost of
living index (ACOLI). 15p.
1157 Andrews, Donald W.K. A simple counterexample to the
bootstrap. 8p.
1141r Andrews, Donald W.K. & Buchinsky, Moshe. On the number of
bootstrap repetitions for bootstrap standard errors,
confidence intervals, and tests. 51p.
1156 Karatzas, Ioannis, Shubik, Martin & Sudderth, William D. A
stochastic infinite-horizon economy with secured lending, or
unsecured lending and bankruptcy. 34p.
1158 Moselle, Boaz & Polak, Ben. A model of a predatory state.
44p.
1159 Tobin, James. The experiment in applied econometrics. 9p.
1165 Calvet, Laurent, Fisher, Adlai & Mandelbrot, Benoit. Large
deviations and the distribution of price changes. 31p.
1162 Choi, In & Phillips, Peter C.B. Regressions for partially
identified cointegrated simultaneous equations. 33p.
1163 Corbae, Dean & Phillips, Peter C.B. Band spectral
regression with trending data. 48p.
1166 Fisher, Adlai, Calvet, Laurent & Mandelbrot, Benoit.
Multifractality of Deutschemark/U.S. dollar exchange rates.
79p.
1160 Linton, O., Mammen, E. & Nielsen, J. The existence and
asymptotic properties of a backfitting projection algorithm
under weak conditions. 40p.
1164 Mandelbrot, Benoit, Fisher, Adlai & Calvet, Laurent. A
multifractal model of asset returns. 40p.
1161 Xiao, Zhijie & Phillips, Peter C.B. An ADF coefficient test
for a unit root in ARMA models of unknown order with
empirical applications to the U.S. eco. 17p.
1167 Bewley, Truman F. Why not cut pay?. 39p.
1168 Fair, Ray C. Evaluating the information content and money
making ability of forecasts from exchange rate equations.
29p.
1130 Whang, Yoon-Jae & Linton, Oliver. The asymptotic
distribution of nonparametric estimates of the Lyapunov
exponent for stochastic time series. 47p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1494 Acemoglu, Daron & Verdier, Thierry. Property rights,
corruption and the allocation of talent: a general
equilibrium approach. 33p.
PAGE 23
1484 Bayoumi, Tamim & Eichengreen, Barry. Operationalizing the
theory of optimum currency areas. 39p.
1519 Bertola, Guiseppe & Rogerson, Richard. Institutions and
labour reallocation. 28p.
1489 Currie, David, et al. Phases of imitation and innovation in
a North-South endogenous growth model. 26p.
1524 De Fraja, Gianni. Minimum wage legislation, work conditions
and employment. 32p.
1530 De Grauwe, Paul. How to fix conversion rates at the start
of EMU. 26p.
1543 de la Fuente, Angel. On the sources of convergence: a close
look at the Spanish regions. 45p.
1517 Fauli-Oller, Ramon. Mergers for market power in a Cournot
setting and merger guidelines. 26p.
1504 Flandreau, Marc. The burden of intervention: externalities
in multilateral exchange rates arrangements. 49p.
1499 Gali, Jordi. Technology, employment and the business cycle:
do technology shocks explain aggregate fluctuations?. 53p.
1500 Gatsios, Konstantine, Hatzipanayotou, Panos & Michael,
Michael S. International migration, welfare and the
provision of public goods. 16p.
1516 Geil, Peter, et al. Economic incentives and hospitalization
in Germany. 40p.
1497 Guiso, Luigi & Parigi, Giuseppe. Investment and demand
uncertainty. 44p.
1503 Gylfason, Thorvaldur & Herbertsson, Tryggvi Thor. Does
inflation matter for growth?. 44p.
1506 Haggard, Stephen, McMillan, John & Woodruff, Christopher.
Trust and search in Vietnam's emerging private sector. 44p.
1522 Herguera, Inigo & Lutz, Stefan. Minimum quality standards
as facilitating devices: an example with leapfrogging and
exit. 9p.
1505 Hughes-Hallett, Andrew J. & McAdam, Peter. Four essays and
a funeral: budgetary arithmetic under the Maastrict Treaty.
39p.
1507 Karanassou, Marika & Snower, Dennis J. Is the natural rate
a reference point?. 11p.
1515 Keuschnigg, Christian. Business formation and aggregate
investment. 43p.
1518 Kollintzas, Tryphon & Vassilatos, Vanghelis. A stochastic
dynamic general equilibrium model for Greece. 42p.
1514 Manzini, Paola & Snower, Dennis J. On the foundations of
wage bargaining. 41p.
1523 Martin, Philippe & Ottaviano, Gianmarco I.P. Growing
locations: industry location in a model of endogenous
growth. 29p.
1529 Martin, Philippe & Ottaviano, Gianmarco I.P. Growth and
agglomeration. 30p.
1509 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
sustainability: selected East Asian and Latin American
experiences. 61p.
1477 Milesi-Ferretti, Gian Maria & Roubini, Nouriel. On the
taxation of human and physical capital in models of
endogenous growth. 40p.
PAGE 24
1513 Miller, Marcus H. & Zhang, Lei. Hyperinflation and
stabilization: Cagan revisited. 19p.
1488 Persson, Mats, Persson, Torsten & Svensson, Lars E.O. Debt,
cash flow and inflation incentives: a Swedish example. 41p.
1508 Sinn, Hans-Werner. International implications of German
unification. 27p.
1511 Svensson, Lars E.O. Inflation forecast targeting:
implementing and monitoring inflation targets. 37p.
1510 Svensson, Lars E.O. Price-level targeting versus inflation
targeting: a free lunch?. 28p.
1495 Verdier, Thierry & Ades, Alberto. The rise and fall of
elites: a theory of economic development and social
polarization in rent-seeking societies. 53p.
1525 Winters, L. Alan. Regionalism versus multilateralism. 39p.
1512 Bauer, Thomas & Zimmermann, Klaus F. Unemployment and wages
of ethnic Germans. 26p.
1527 Bughin, Jacques & Vannini, Stefano. To be (unionized) or
not to be?: a case for cost raising strategies. 18p.
1535 Buiter, Willem H. Aspects of fiscal performance in some
transition economies under fund-supported programmes. 54p.
1532 Coles, Melvyn G. Designing a cheaper and more efficient
unemployment benefit system. 29p.
1528 Danthine, Jean-Pierre & Moresi, Serge. Front-running by
mutual fund managers: it ain't that bad. 32p.
1540 Daveri, Francesco & Faini, Riccardo. Where do migrants go?:
risk-aversion, mobility costs and the locational choice of
migrants. 25p.
1520 Degeorge, Francois, Moselle, Boaz & Zeckhauser, Richard.
Hedging and gambling: corporate risk choice when informing
the market. 52p.
1536 Ermisch, John F. Parental support for human capital
investment by young adults. 31p.
1539 Fingleton, John. Competition between intermediated and
direct trade and the timing of disintermediation. 26p.
1533 Francois, Joseph F. & McDonald, Bradley. The multilateral
trade agenda: Uruguay Round implementation and beyond. 22p.
1546 Grossman, Gene M. & Helpman, Elhanan. Competing for
endorsements. 44p.
1544 Horn, Henrik & Persson, Lars. Endogenous mergers in
concentrated markets. 47p.
1526 Hunt, Jennifer. The response of wages and actual hours
worked to the reduction of standard hours in Germany. 48p.
1521 Winter-Ebmer, Rudolf. Benefit duration and unemployment
entry: quasi-experimental evidence for Austria. 30p.
1534 Winter-Ebmer, Rudolf. Potential unemployment benefit
duration and spell length: lessons from a quasi experiment
in Austria. 17p.
1562 Beetsma, Roel M.W.J & Jensen, Henrik. Inflation targets and
contracts with uncertain central banker preferences. 23p.
1531 Booth, Alison L., Francesconi, Marco & Garcia-Serrano,
Carlos. Job tenure: does history matter?. 41p.
1548 Buiter, Willem H., Lago, Ricardo & Rey, Helene. A portfolio
approach to a cross-sectoral and cross-national investment
strategy in transition economies. 41p.
PAGE 25
1564 Bulow, Jeremy & Klemperer, Paul. The generalized war of
attrition. 24p.
1545 Corbett, Jenny, Hay, Donald & Louri, Helen. Inventory
behaviour: a comparative study of UK and Japanese firms.
33p.
1567 Dixon, Huw David & Hansen, Claus T. Industrial structure,
menu costs and the non-neutrality of money. 25p.
1558 Fatas, Antonio. EMU: countries or regions?: Lessons from
the EMS experience. 11p.
1560 Francois, Joseph F. & Nelson, Douglas. Population growth,
trade policy and migration incentives. 26p.
1547 Ghironi, Fabio & Giavazzi, Francesco. Out in the sunshine?:
outsiders, insiders and the United States in 1998. 66p.
1537 Gilbert, Christopher L. Manipulation of metals futures:
lessons from Sumitomo. 31p.
1555 Hallerberg, Mark & von Hagen, Jurgen. Electoral
institutions, cabinet negotiations, and budget deficits
within the European Union. 33p.
1550 Henderson, J. Vernon & Thisse, Jacques-Francois. On
strategic community development. 23p.
1553 Hunt, Jennifer. Has work sharing worked in Germany?. 37p.
1551 Koman, Reinhard & Marin, Dalia. Human capital and
macroeconomic growth: Austria and Germany, 1960-92. 48p.
1549 Leahy, Dermot & Montagna, Catia. Strategic trade policy
when firms have different efficiency levels. 21p.
1563 Lindbeck, Assar & Snower, Dennis J. Centralized bargaining,
multi-tasking and work incentives. 42p.
1559 Riphahn, Regine T. & Kreider, Brent. Applications to the
U.S. disability programme: a semiparametric approach. 38p.
1542 Schmidt, Klaus M. The political economy of mass
privatization and the risk of expropriation. 29p.
1541 Schmidt, Klaus M & Schnitzer, Monika. Methods of
privatization: auctions, bargaining and give-aways. 36p.
1561 Sibert, Anne. Monetary integration and economic
convergence. 23p.
1566 Smith, Tony E. & Zenou, Yves. Dual labor markets, urban
unemployment, and multicentric cities. 49p.
1556 Soderlind, Paul & Svensson, Lars E.O. New techniques to
extract market expectations from financial instruments.
46p.
1554 Torstensson, Johan. Country size and comparative advantage:
an empirical study. 31p.
1572 Acemoglu, Daron & Shimer, Robert. Efficient wage
dispersion. 36p.
1582 Arulampalam, Wiji, Booth, Alison L. & Elias, Peter.
Modelling work-related training and training effects using
count data techniques. 34p.
1569 Bacchetta, Philippe & van Wincoop, Eric. Trade in nominal
assets and new international capital flows. 18p.
1568 Ben-David, Dan & Papell, David H. Structural change and
international trade. 14p.
1573 Booth, Alison L. & Chatterji, Monojit. Training and unions.
26p.
1574 Cadot, Olivier, de Melo, Jaime & Olarreaga, Marcelo.
Lobbying and the structure of protection. 26p.
PAGE 26
1584 Casella, Alessandra. Product standards coalitions in a
market without borders. 29p.
1585 Coe, David T. & Snower, Dennis J. Policy complementarities:
the case for fundamental labour market reform. 44p.
1552 Deheija, Vivek H. Will gradualism work when shock therapy
doesn't?. 53p.
1591 Ermisch, John F. & Francesconi, Marco. Family matters.
39p.
1583 Haufler, Andreas & Wooton, Ian. Tax competition for foreign
direct investment. 23p.
1565 Pauwels, Wilfried, Vandenbussche, Hylke & Weverbergh,
Marcel. Strategic behaviour under European anti-dumping
rules. 34p.
1575 Puga, Diego. The rise and fall of regional inequalities.
48p.
1578 Rotte, Ralph, Vogler, Michael & Zimmermann, Klaus F.
South-North refugee migration: lessons for development
cooperation. 28p.
1571 Saint-Paul, Gilles. The rise and persistence of rigidities.
20p.
1576 Sapir, Andre. Domino effects in West European trade,
1960-92. 15p.
1588 Acemoglu, Daron. Good jobs versus bad jobs: theory and some
evidence. 49p.
1594 Artis, Michael J. & Zhang, Wenda. Volatility clustering and
volatility transmission: a non-parametric view of ERM
exchange rates. 30p.
1599 Baldwin, Richard E. The causes of regionalism. 38p.
1611 Baldwin, Richard E. & Francois, Joseph F. Preferential
trade liberalization in the North Atlantic. 51p.
1596 Baldwin, Robert E. & Cain, Glen G. Shifts in U.S. relative
wages: the role of trade, technology and factor endowments.
68p.
1579 Barba Navaretti, Giorgio & Carraro, Carlo. From learning to
partnership: multinational R & D cooperation in developing
countries. 37p.
1590 Barros, Pedro P. & Martinez-Giralt, Xavier. On the effects
of anti-dumping legislation. 24p.
1592 Boot, Arnoud W.A. & Thakor, Anjan A. Can relationship
banking survive competition?. 45p.
1614 Canova, Fabio & De Nicolo, Gianni. Stock returns, term
structure, inflation and real activity: an international
perspective. 33p.
1581 Degryse, Hans. The total cost of trading Belgian shares:
Brussels versus London. 31p.
1607 Ekholm, Karoline & Forslid, Rikard. Agglomeration in a
core-periphery model with vertically and horizontally
integrated firms. 18p.
1602 Gomes, Joao, Greenwood, Jeremy & Rebelo, Sergio.
Equilibrium unemployment. 42p.
1589 Hallerberg, Mark & von Hagen, Jurgen. Sequencing and the
size of the budget: a reconsideration. 36p.
1609 Hassler, John & Rodriguez Mora, Jose V. Employment turnover
and unemployment insurance. 36p.
PAGE 27
1606 Herguera, Inigo & Lutz, Stefan. International leapfrogging
and subsidies. 22p.
1617 Jappelli, Tullio & Pistaferri, Luigi. Using subjective
income expectations to test for excess sensitivity of
consumption to predicted income growth. 35p.
1577 Loungani, Prakash, Razin, Assaf & Yuen, Chi-Wa. Capital
mobility and the output-inflation tradeoff. 24p.
1600 Laruelle, Annick & Widgren, Mika. The development of the
division of power among the European Commission, the Council
and the European Parliament. 27p.
1615 Muellbauer, John & Murphy, Anthony. Booms and busts in the
U.K. housing market. 35p.
1586 Quah, Danny T. Empirics for growth and distribution:
stratification, polarization and convergence clubs. 52p.
1587 Rodrik, Dani. TFPG controversies, institutions and economic
performance in East Asia. 37p.
1597 Saint-Paul, Gilles. Economic integration, factor mobility
and wage convergence. 22p.
1608 Schnitzer, Monika. Debt versus foreign direct investment:
the impact of sovereign risk on the structure of
international capital flows. 33p.
1610 Soderlind, Paul. Monetary policy and the Fisher effect.
21p.
1604 Suarez, Javier & Sussman, Oren. Endogenous cycles in a
Stiglitz-Weiss economy. 36p.
1612 Uctum, Merih & Wickens, Michael. Debt and deficit ceilings,
and sustainability of fiscal policies: an intertemporal
analysis. 29p.
1622 Ariga, Kenn, Ohkusa, Yasushi & Brunello, Giorgio. Fast
track: is it in the genes?: the promotion policy of a large
Japanese firm. 45p.
1626 Bell, David N.F., Hart, Robert A. & Wright, Robert E.
Multiple job-holding as a `hedge' against unemployment.
32p.
1601 Buiter, Willem H., Lago, Ricardo & Rey, Helene. Enterprises
in transition: macroeconomic influences on enterprise
decision making and performance. 41p.
1628 Carlin, Wendy, Glyn, Andrew & Van Reenen, John. Quantifying
a dangerous obsession?: Competitiveness and export
performance in an OECD panel of industries. 47p.
1638 De Grauwe, Paul & Spaventa, Luigi. Setting conversion rates
for the third state of EMU. 15p.
1635 Degryse, Hans & Irmen, Andreas. Attribute dependence and
the provision of quality. 30p.
1619 Dehejia, Vivek H. Optimal restructuring under a political
constraint: a general equilibrium approach. 24p.
1649 Detragiache, Enrica, Garella, Paolo G. & Guiso, Luigi.
Multiple versus single banking relationships. 54p.
1616 Estrin, Saul & Urga, Giovanni. Convergence in output in
transition economies: Central and Eastern Europe, 1970-95.
31p.
1630 Farmer, Roger E.A. Money in a real business cycle model.
48p.
1634 Fernandez, Raquel. Returns to regionalism: an evaluation of
non-traditional gains from regional trade agreements (RTAs).
34p.
PAGE 28
1623 Fingleton, John & Waldron, Patrick. Optimal determination
of bookmakers' betting odds: theory and tests. 27p.
1632 Forni, Mario & Reichlin, Lucrezia. National policies and
local economies: Europe and the United States. 24p.
1648 Gehrig, Thomas & Jackson, Matthew. Bid-ask spreads with
indirect competition among specialists. 29p.
1650 Lajeri, Fatma & Nielsen, Lars Tyge. Parametric
characterization of risk aversion and prudence. 23p.
1595 Lau, Lawrence J., Qian, Yingyi & Roland, Gerard.
Pareto-improving economic reforms through dual-track
liberalization. 10p.
1639 MacDonald, Ronald & Nagayasu, Jun. On the Japanese Yen-U.S.
dollar exchange rate: a structural econometric model based
on real interest differentials. 37p.
1580 Maurel, Mathilde & Cheikbossian, Guillaume. The new
geography of East European trade. 35p.
1613 Motta, Massimo. Advertising bans. 46p.
1570 Newbery, David M.G. & Revesz, Tamas. The burden and
disincentive effects of Hungarian personal taxes, 1988-96.
35p.
1651 Nielsen, Lars Tyge. Monotone risk aversion. 25p.
1652 Nielsen, Lars Tyge & Vassalou, Maria. Portfolio selection
and asset pricing with dynamically incomplete markets and
time-varying first & second moments. 42p.
1633 Obstfeld, Maurice & Taylor, Alan M. The Great Depression as
a watershed: international capital mobility over the long
run. 65p.
1624 Rauscher, Michael. Interjurisdictional competition and the
efficiency of the public sector: the triumph of the market
over the state?. 15p.
1636 Roland, Gerard & Verdier, Thierry. Transition and the
output fall. 32p.
1603 Uhlig, Harald. Long-term debt and the political support for
a monetary union. 32p.
1621 Winter-Ebmer, Rudolf & Zweimuller, Josef. Intra-firm wage
dispersion and firm performance. 27p.
1641 Acemoglu, Daron & Zilibotti, Fabrizio. Setting standards:
information accumulation in development. 42p.
1605 Anderson, Kym, et al. Economic growth and policy reform in
the APEC region: trade and welfare implications by 2005.
32p.
1679 Barrett, Alan, Callan, Tim & Nolan, Brian. The earnings
distribution and returns to education in Ireland, 1987-94.
24p.
1669 Beetsma, Roel M.W.J & Uhlig, Harald. An analysis of the
`stability pact'. 25p.
1618 Blake, David, Lehmann, Bruce N. & Timmermann, Allan.
Performance measurement using multiple asset class portfolio
data: a study of U.K. pension funds. 75p.
1659 Blomstrom, Magnus & Kokko, Ari. Regional integration and
foreign direct investment. 37p.
1680 Bordo, Michael & Eichengreen, Barry. Implications of the
Great Depression for the development of the international
monetary system. 94p.
PAGE 29
1665 Caminal, Ramon & Matutes, Carmen. Bank solvency, market
structure, and monitoring incentives. 36p.
1673 Cohen, Daniel. How will the Euro behave?. 27p.
1661 Collins, William J., O'Rourke, Kevin H. & Williamson,
Jeffrey G. Were trade and factor mobility substitutes in
history?. 47p.
1663 Dahlquist, Magnus & Soderlind, Paul. Evaluating portfolio
performance with stochastic discount factors. 39p.
1640 De Grauwe, Paul. Exchange rate arrangements between the ins
and the outs. 26p.
1677 De Grauwe, Paul. The indeterminacy of the Euro conversion
rates: why it matters and how it can be solved. 24p.
1647 Driffill, John & Snell, Andrew. Real interest rates,
nominal shocks, and real shocks. 30p.
1643 Eichengreen, Barry & Ghironi, Fabio. How will transatlantic
policy interactions change with the advent of EMU?. 53p.
1644 Emons, Winand. Imperfect tests and natural insurance
monopolies. 21p.
1660 Faini, Riccardo, Grether, Jean-Marie & de Melo, Jaime.
Globalization and migratory pressures from developing
countries: a simulation analysis. 35p.
1676 Favero, Carlo A., et al. Extracting information from asset
prices: the methodology of EMU calculators. 24p.
1629 Feenstra, Robert C. & Rose, Andrew K. Putting things in
order: patterns of trade dynamics and macroeconomics. 46p.
1655 Fernandez, Raquel & Ozler, Sule. Debt concentration and
bargaining power: large banks, small banks, and secondary
prices. 41p.
1627 Fernandez, Raquel & Gali, Jordi. To each according to..?:
markets, tournaments and the matching problem with borrowing
constraints. 45p.
1662 Gordon, Roger H. & Li, David D. Government distributional
concerns and economic policy during the transition from
socialism. 34p.
1657 Gordon, Roger H. & Li, David. Taxes and government
incentives: Eastern Europe versus China. 27p.
1668 Gylfason, Thorvaldur, Herbertsson, Tryggvi T. & Zoega,
Gylfi. A mixed blessing: natural resources and economic
growth. 31p.
1598 Karp, Larry, Sacheti, Sandeep & Zhao, Jinhua. Common ground
between free traders and environmentalists. 40p.
1625 Kerschbamer, Rudolf & Tournas, Yanni. Excess capacity as an
incentive device. 27p.
1667 Kobayakawa, Shuji. The comparative analysis of settlement
systems. 66p.
1656 Ludema, Rodney D. & Wooton, Ian. Regional integration,
trade, and migration: are demand linkages relevant in
Europe?. 24p.
1658 Marin, Dalia & Schnitzer, Monika. The economic institution
of international barter. 36p.
1637 Martin, Carmela & Velazquez, Francisco J. The determining
factors of foreign direct investment in Spain and the rest
of the OECD: lessons for the Central and. 36p.
1646 Martin, Philippe. The exchange rate policy of the Euro: a
matter of size?. 35p.
PAGE 30
1653 Melitz, Jacques. Some cross-country evidence about debt,
deficits and the behaviour of monetary and fiscal
authorities. 32p.
1664 Milesi-Ferreti, Gian Maria. Fiscal rules and the budget
process. 40p.
1645 Noldeke, Georg & Schmidt, Klaus M. Sequential investments
and options to own. 29p.
1672 Obstfeld, Maurice & Taylor, Alan M. Non-linear aspects of
goods-market arbitrage and adjustment: Heckscher's commodity
points revisited. 48p.
1674 Orszag, J. Michael & Snower, Dennis J. Expanding the
welfare system: a proposal for reform. 22p.
1675 Orszag, J. Michael & Snower, Dennis J. Youth unemployment
and government policy. 17p.
1620 Petrakos, George & Christodoulakis, Nicos. Economic
developments in the Balkan countries and the role of Greece:
from bilateral relations to the challenge of . 30p.
1654 Roller, Lars-Hendrik, Tombak, Mikhel M. & Siebert, Ralph.
Why firms form research joint ventures: theory and evidence.
30p.
1642 Saint-Paul, Gilles. Business cycles and long-run growth.
23p.
1670 Sorensen, Bent E. & Yosha, Oved. Income and consumption
smoothing among U.S. states: regions and clubs?. 34p.
1671 Leahy, Dermot & Neary, J. Peter. R & D spillovers and the
case for industrial policy in an open economy. 26p.
1678 Lettau, Martin & Uhlig, Harald. Preferences, consumption
smoothing, and risk premia. 38p.
1689 Artis, Michael J. & Zhang, Wenda. On identifying the core
of EMU: an exploration of some empirical criteria. 33p.
1688 Artis, Michael J. & Winkler, Bernhard. The stability pact:
safeguarding the credibility of the European Central Bank.
69p.
1683 Christodoulakis, Nicos M. & Kalyvitis, Sarantis C.
Heterogeneous traders and the unbiasedness hypothesis:
explaining the Mark/ Dollar bias. 23p.
1681 Daveri, Francesco & Tabellini, Guido. Unemployment, growth
and taxation in industrial countries. 53p.
1686 Hatton, Timothy J. & Bailey, Roy E. Poverty and the welfare
state in inter-war London. 43p.
1682 Klemperer, Paul. Almost common value auctions: the `wallet
game' and its applications to takeover battles and airwaves
auctions. 16p.
1684 Kohli, Ulrich. Trade and migration: a production-theory
approach. 41p.
1693 Kongsamut, Piyabha, Rebelo, Sergio & Xie, Danyang. Beyond
balanced growth. 56p.
1666 Minford, Patrick & Nowell, Eric. Nominal contracts as
behaviour towards risk. 55p.
1687 Morris, Stephen & Shin, Hyun Song. Unique equilibrium in a
model of self-fulfilling currency attacks. 26p.
1692 Rebelo, Sergio. What happens when countries peg their
exchange rates?: (the real side of monetary reform). 39p.
1631 Reichlin, Pietro & Siconolfi, Paolo. Adverse selection of
investment projects and the business cycle. 34p.
PAGE 31
1685 Wyplosz, Charles. EMU: why and how it might happen. 26p.
1702 Abbring, Jaap H., van den Berg, Gerard & van Ours, Jan C.
Business cycles and compositional variation in U.S.
unemployment. 42p.
1708 Acemoglu, Daron & Newman, Andrew F. The labour market and
corporate structure. 38p.
1707 Acemoglu, Daron. Why do new technologies complement
skills?: directed technical change and wage inequality.
38p.
1741 Alogoskoufis, George, Portes, Richard & Ray, Helene. The
emergence of the Euro as an international currency. 56p.
1698 Anderson, Kym & McKibbin, Warick J. Reducing coal subsidies
and trade barriers: their contribution to greenhouse gas
abatement. 30p.
1721 Aturupane, Chonira, Djankov, Simeon & Hoekman, Bernard.
Determinants of intra-industry trade between East and West
Europe. 32p.
1710 Audretsch, David B. & Thurik, A. Roy. Sources of growth:
the entrepreneurial versus the managed economy. 73p.
1718 Audretsch, David B., Klomp, Luuk & Thurik, A. Roy. Do
services differ from manufacturing?: the post-entry
performance of firms in Dutch services. 25p.
1727 Bacchetta, Philippe & Gerlach, Stefan. Consumption and
credit constraints: international evidence. 46p.
1743 Bagliano, Fabio C. & Favero, Carlo A. Measuring monetary
policy with VAR models: an evaluation. 45p.
1749 Baldwin, Richard E. & Forslid, Rikard. The core-periphery
model and endogenous growth. 23p.
1745 Ben-David, Dan. Convergence clubs and subsistence
economies. 21p.
1738 Bergemann, Dirk & Hege, Ulrich. Venture capital financing,
moral hazard and learning. 40p.
1728 Buiter, Willem H. & Sibert, Anne C. Transition issues for
the European Monetary Union. 26p.
1711 Burgess, Simon & Rees, Hedley. A disaggregate analysis of
the evolution of job tenure in Britain, 1975-93. 22p.
1715 Burgess, Simon, Propper, Carol & Aassve, Arnstein. `I vont
to be alone': transitions to independent living, marriage
and divorce among young Americans. 20p.
1712 Burgess, Simon, Pacelli, Lia & Rees, Hedley. Job tenure and
labour market regulation: a comparison of Britain and Italy
using micro data. 28p.
1714 Burgess, Simon, Lane, Julia & Stevens, David. Jobs, workers
and changes in earnings dispersion. 31p.
1713 Burgess, Simon, Lane, Julia & Stevens, David. The
reallocation of labour and the life cycle of firms. 27p.
1729 Cabral, Luis M.B. Entry mistakes. 29p.
1725 Caminal, Ramon & Matutes, Carmen. Can competition in the
credit market be excessive?. 38p.
1744 Caminal, Ramon & Vives, Xavier. Price dynamics and consumer
learning. 36p.
1748 Casella, Alessandra & Rauch, James E. Anonymous market and
group ties in international trade. 55p.
1750 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules in practice: some international evidence. 51p.
PAGE 32
1717 Cordella, Tito & Foucault, Thierry. Minimum price
variations, time priority and quote dynamics. 37p.
1735 Cornelli, Francesca & Yosha, Oved. Stage financing and the
role of convertible debt. 36p.
1697 Galeotti, Marzio, et al. Inventories, production smoothing
and the shape of the cost function. 35p.
1752 Gerlach, Stefan & Smets, Frank. Exchange rate regimes and
the expectations hypothesis of the term structure. 20p.
1691 Geroski, Paul A., Urga, Giovanni & Walters, Chris F. Are
differences in firm size transitory or permanent?. 32p.
1694 Geroski, Paul A. Thinking creatively about markets. 29p.
1742 Gersbach, Hans & Uhlig, Harald. Debt contracts, collapse
and regulation as competition phenomena. 30p.
1726 Grosfeld, Irena & Nivet, Jean-Francois. Wage and investment
behavior in transition: evidence from a Polish panel data
set. 30p.
1703 Giorgianni, Lorenzo & Milesi-Ferretti, Gian Maria.
Determinants of Korean trade flows and their geographical
destination. 48p.
1696 Guiso, Luigi. High-tech firms and credit rationing. 29p.
1746 Hardouvelis, Gikas, Pericli, Andreas & Theodossiou,
Panayiotis. The asymmetric relation between margin
requirements and stock market volatility across bull and
bear markets. 51p.
1706 Hartog, Joop, Leuven, Edwin & Teulings, Coen. Wages and the
bargaining regime in a corporatist setting: the Netherlands.
35p.
1701 Hayri, Aydin. Debt relief. 37p.
1723 Hoekman, Bernard & Djankov, Simeon. Competition law in
post-central planning in Bulgaria. 20p.
1705 Hoekman, Bernard & Primo Braga, Carlos A. Protection and
trade in services: a survey. 36p.
1704 Honohan, Patrick. Miniblocs and fringe currencies of the
EMU. 53p.
1709 Ichino, Andrea & Ichino, Pietro. Culture, discrimination
and individual productivity: regional evidence from
personnel data in a large Italian firm. 35p.
1695 Jenkinson, Tim & Ljungqvist, Alexander. Hostile stakes and
the role of banks in German corporate governance. 35p.
1724 Karp, Larry & Paul, Thierry. Unemployment and the
`labour-management conspiracy'. 33p.
1716 Kuo, Biing-Shen & Mikkola, Anne. The behaviour of the real
exchange rate: a reexamination using finite sample approach.
31p.
1762 Miles, David. Modelling the impact of demographic change
upon the economy. 29p.
1719 Miller, Marcus, Ippolito, Roberto & Zhang, Lei.
Shareholders and stakeholders: human capital and industry
equilibrium. 22p.
1740 Neary, J. Peter. Pitfalls in the theory of international
trade policy: concertina reforms of tariffs and subsidies to
high tech. 29p.
1732 Obstfeld, Maurice. A strategy for launching the Euro. 46p.
1700 O'Rourke, Kevin H. Tariffs and growth in the late 19th
century. 39p.
PAGE 33
1699 Ottaviano, Gianmarco I.P. & Puga, Diego. Agglomeration in
the global economy: a survey of the `new economic
geography'. 40p.
1720 Ozkan, F. Gulcin, Sibert, Anne & Sutherland, Alan. Monetary
union, entry conditions and economic reform. 17p.
1781 Perotti, Roberto, Strauch, Rolf & von Hagen, Jurgen.
Sustainability of public finances. 64p.
1737 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Comparative politics and public finance. 40p.
1739 Sapir, Andre. The political economy of EC regionalism.
18p.
1690 Schiff, Maurice & Winters, L. Alan. Regional integration as
diplomacy. 37p.
1722 Shin, Hyun Song. Adversarial and inquisitorial procedures
in arbitration. 32p.
1733 Shioji, Etsuro. Identifying monetary policy shocks in
Japan. 29p.
1731 Sibert, Anne C. & Sutherland, Alan. Monetary regimes and
labour market reform. 22p.
1734 Sinn, Hans-Werner. The value of children and immigrants in
a pay-as-you-go pension system: a proposal for a partial
transition... 22p.
1751 Smets, Frank. Financial asset prices and monetary policy:
theory and evidence. 28p.
1730 Taylor, Mark P. & Sarno, Lucio. The behaviour of real
exchange rates during the post-Bretton Woods period. 45p.
UNIVERSITY OF ESSEX. Department of Economics.
465 Basu, Parantap & Samanta, Prodoyt. A general equilibrium
justification for using the CEV process to describe the
dynamics of stock price movements. 14p.
463 Djajic, Slobodan, Lahiri, Sajal & Raimondos-Moller,
Pascalis. Foreign aid, domestic investment and welfare.
18p.
462 Guariglia, Alessandra. The effects of financial constraints
on inventory investment: evidence from a panel of UK firms.
28p.