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.
464 Ilahi, Nadeem & Jafarey, Saqib. Natural resource
degradation and female time allocation in developing
countries: evidence from Pakistan. 49p.
466 Dickens, Richard, Fry, Vanessa & Pashardes, Panos. The
costs of children and the welfare state. 82p.
469 Hildreth, Andrew & Ohtake, Fumio. Labour demand and the
structure of adjustment costs in Japan. 35p.
470 Hindriks, Jean, Keen, Michael & Muthoo, Abhinay.
Corruption, extortion and evasion. 31p.
474 Dhami, Sanjit S. Income distribution and the political
economy of tax policy under asymmetric information. 27p.
473 Goenka, Aditya, Kelly, David L. & Spear, Stephen E.
Endogenous strategic business cycles. 43p.
472 Lahiri, Sajal & Ono, Yoshiyasu. Tax policy on foreign
direct investment in the presence of cross-hauling. 17p.
471 Li, Carmen A., Montano, Sergio & Philippopoulos, Apostolis.
Inflation, exchange-rate regimes and electoral cycles in
Mexico. 22p.
PAGE 34
EUROPEAN UNIVERSITY INSTITUTE. Department of Economics.
96-5 Anderlini, Luca & Sabourian, Hamid. The evolution of
algorithmic learning rules: a global stability result. 52p.
96-7 Kohler, Marion. Coalitions in international monetary policy
games. 35p.
9616 Lewis, Andrew. On technological differences in
oligopolistic industries. 19p.
9614 Lopez, Humberto, Ortega, Eva & Ubide, Angel. Explaining the
dynamics of Spanish unemployment. 30p.
9612 Marimon, Ramon. Learning from learning in economics. 39p.
9622 Monfardini, Chiara. Estimating stochastic volatility models
through indirect inference. 27p.
9615 Vassilakis, Spyros. Accelerating new product development by
overcoming complexity constraints. 31p.
9613 Zanforlin, Luisa. Technological diffusion, learning and
economic performance: an empirical investigation... 30p.
9633 Lofaro, Andrea. On the efficiency of Bertrand and Cournot
competition with incomplete information. 19p.
9631 Ubide, Angel J. The international transmission of shocks in
an imperfectly competitive international business cycle
model. 62p.
9629 Verner, Dorte. The Brazilian growth experience in the light
of old and new growth theories. 52p.
9624 Zanforlin, Luisa. Technological assimilation, trade
patterns & growth: an empirical investigation of a set of
developing countries. 27p.
9623 Zanforlin, Luisa. Technological diffusion, learning and
growth: an empirical investigation of a set of developing
countries. 27p.
9637 Garcia Cervero, Susana. Skill differentials in the long run
and in the short run. 35p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9612 Beenstock, Michael & Klinov, Ruth. Why did the probability
of exiting unemployment decline?: Israel, 1969-1992. 52p.
9707 Achdut, Lea, et al. Marginal tax rates and the measurement
of the tax progressivity of Israel's national insurance tax
system. 25p.
9705 Berman, Eli & Klinov, Ruth. Human capital investment and
nonparticipation: evidence from a sample with inifinite
horizons (or: Jewish father st. 36p.
9704 Gross, Nachum T. Herbert Samuel's Advisory Committee of
1919. 34p.
9706 Regev, Haim. Innovation, skilled labor, technology and
performance in Israeli industrial firms: 1982-1993. 29p.
9709 Chiswick, Barry R. Hebrew language usage: determinants and
effects on earnings among immigrants in Israel. 26p.
9710 Lavy, Victor. Water: consumption, prices, technology &
government policy: a comparative study of Jordanian,
Palestinian & Israeli. 35p.
9708 Perry, Motty & Vincent, Daniel R. The optimal timing of
procurement decisions and patent allocations. 23p.
PAGE 35
9711 Beenstock, Michael. Internal migration by immigrants:
Israel, 1992-1994. 24p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
9612 Bliss, Robert R. Testing term structure estimation methods.
41p.
9618 Espinosa, Marco & Russell, Steven. Are there optimal
multiple reserve requirements?. 23p.
9610 Kahn, Charles M. & Roberds, William. Payments system
settlement and bank incentives. 30p.
9616 Ramamurtie, B. Sailesh & Rebello, Michael J. Price
reactions to public announcements. 38p.
9617 Ramamurtie, B. Sailesh & Ulman, Scott. Maximum likelihood
estimation is alive and well in the financial markets. 30p.
9615 Ramamurtie, B. Sailesh & Ulman, Scott. Specifying a
consistent joint maximum likelihood (JMLE) approach to
testing bond models. 16p.
9613 Sims, Christopher A. & Zha, Tao. Bayesian methods for
dynamic multivariate models. 25p.
9614 Tallman, Ellis W. & Chandra, Naveen. The information
content of financial aggregates in Australia. 41p.
9619 Cummins, J. David, Phillips, Richard D. & Smith, Stephen D.
Corporate hedging in the insurance industry: the use of
financial derivatives by U.S. insurers. 53p.
9621 Abken, Peter A., Madan, Dilip B & Ramamurtie, Sailesh.
Pricing S & P 500 index options using a Hilbert space basis.
31p.
9620 Chang, Roberto. Credible monetary policy with long-lived
agents: recursive approaches. 48p.
9622 Desiraju, Ramarao & Shrikhande, Milind. Exchange rate pass
through and the role of international distribution channels.
41p.
9701 Bliss, Robert R. & Ronn, Ehud I. Callable U.S. Treasury
bonds: optimal calls, anomalies, and implied volatilities.
51p.
97-2 Hu, Jie & Noe, Thomas H. Insider trading, costly
monitoring, and managerial incentives. 22p.
97-3 Shrikhande, Milind. The cost of doing business abroad and
international capital market equilibrium. 30p.
9712 Cummins, J. David, Phillips, Richard D. & Smith, Stephen D.
Derivatives and corporate risk management: participation and
volume decisions in the insurance industry. 38p.
97-5 Ginther, Donna & Zavodny, Madeline. Is the male marriage
premium due to selection?: the effect of shotgun weddings on
the return to marriage. 28p.
97-7 Gordon, David B., Leeper, Eric M. & Zha, Tao. Trends in
velocity and policy expectations. 38p.
97-6 Goswami, Gautam & Shrikhande, Milind. Interest rate swaps
and economic exposure. 29p.
97-9 Heston, Steven L. & Nandi, Saikat. A closed-form GARCH
option pricing model. 33p.
97-4 McAndrews, James & Roberds, William. A general equilibrium
analysis of check float. 30p.
PAGE 36
97-8 Tallman, Ellis W. & Chandra, Naveen. Financial aggregates
as conditioning information for Australian output and
inflation. 38p.
9710 Waggoner, Daniel F. Spline methods for extracting interest
rate curves from coupon bond prices. 22p.
9711 Waggoner, Daniel F. & Zha, Tao. Normalization, probability
distribution, and impulse responses. 20p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
9623 Fisher, Jonas D.M. Credit market imperfections and the
heterogeneous response of firms to monetary shocks. 38p.
9624 Fisher, Jonas D.M. & Hornstein, Andreas. (S,s) inventory
policies in general equilibrium. 53p.
9625 Hall, George J. Non-convex costs and capital utilization: a
study of production and inventories at automobile assembly
plants. 46p.
9626 Segal, Lewis & Sullivan, Daniel. The growth of temporary
services work. 39p.
9629 Aaronson, Daniel. The effect of state fiscal reform on
population heterogeneity. 40p.
9628 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Sticky prices and limited participation models of money:
a comparison. 68p.
97-2 Bordo, Michael D., Erceg, Christopher J. & Evans, Charles L.
Money, sticky wages, and the Great Depression. 54p.
97-3 Aaronson, Daniel. Price pass-through and minimum wages.
34p.
97-4 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Habit persistence and asset returns in an exchange
economy. 31p.
97-5 Kouparitas, Michael A. North-South terms of trade: an
empirical investigation. 26p.
97-6 Cecchetti, Steven G., Kashyap, Anil K. & Wilcox, David W.
Interactions between the seasonal and business cycles in
production and inventories. 15p.
97-8 Sargent, Thomas J. & Velde, Francois R. The big problem of
small change. 35p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9611 Gould, David M. Does the choice of nominal anchor matter?.
36p.
9615 Koenig, Evan F. Aggregate price adjustment: the Fischerian
alternative. 35p.
9614 Zavodny, Madeline. The effect of the minimum wage on hours
of work. 26p.
9701 Balke, Nathan S. & Wohar, Mark E. Nonlinear dynamics and
covered interest rate parity. 39p.
9702 Wynne, Mark A. More on optimal denominations for coins and
currency. 8p.
9703 Dolmas, James & Haslag, Joseph H. Specialization and the
effects of transacations costs on equilibrium exchange.
10p.
PAGE 37
9704 Dolmas, Jim & Huffman, Gregory W. The political economy of
endogenous taxation and redistribution. 7p.
9706 Dolmas, Jim & Huffman, Gregory W. On the political economy
of immigration. 46p.
9705 Dolmas, Jim, Huffman, Gregory W. & Wynne, Mark A.
Inequality, inflation, and central bank independence. 26p.
9707 Wynne, Mark A. & Koo, Jahyeong. Business cycles under
monetary union: EU and US business cycles compared. 47p.
9709 Duca, John V. & Van Hoose, David D. Goods-market
competition and profit sharing: a multisector macro
approach. 16p.
9708 Grosskopf, Shawna, et al. Allocative inefficiency and
school competition. 39p.
9710 Koenig, Evan F & Dolmas, Sheila. Real-time GDP growth
forecasts. 38p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
2/96 Chakravorti, Sujit. Analysis of systemic risk in the
payments system. 28p.
1/97 Gunther, Jeffery W. Geographic liberalization and the
accessibility of banking services in rural areas. 16p.
2/97 Moore, Robert R. Bank acquisition determinants:
implications for small business credit. 19p.
3/97 Chakravorti, Sujit. Payments-related intraday credit
differentials and the emergence of a vehicle currency. 47p.
4/97 Gunther, Jeffery W., Hooks, Linda M. & Robinson, Kenneth J.
Adverse selection and competing deposit insurance systems in
pre-Depression Texas. 31p.
FEDERAL RESERVE BANK OF KANSAS CITY. Research Division.
9609 Bonser-Neal, Catherine & Dewenter, Kathryn L. Does
financial market development stimulate savings?: evidence
from emerging market stock markets. 24p.
96-5 Chirinko, Robert S. & Elston, Julie Ann. Banking
relationships in Germany: empirical results and policy
implications. 31p.
9606 Chirinko, Robert S. & Farr, Dorsey D. Financial
innovations, money demand, and disaggregation: some time
series evidence. 63p.
9607 Haimowitz, Joseph H. Monetary policy shocks and price
stickiness: an analysis of price and output responses to
policy in manufacturing i. 43p.
9608 Roley, V. Vance & Sellon, Gordon H. The response of the
term structure of interest rates to federal funds target
changes. 37p.
9611 Bonser-Neal, Catherine, Linna, David & Neal, Robert.
Transaction costs in an emerging market: the case of
Indonesia. 39p.
9612 Clark, Todd E. The responses of prices at different stages
of production to monetary policy shocks. 39p.
9614 Filardo, Andrew J. & Cooper, Paul N. Cyclically adjusted
measures of structural trend breaks: an application to
productivity trends in the 1990s. 44p.
PAGE 38
9613 Golob, John E. & Bishop, David G. Do stock prices follow
interest rates or inflation?. 21p.
9610 Neal, Robert & Wheatley, Simon M. Do measures of investor
sentiment predict returns?. 37p.
9701 Kozicki, Sharon & Tinsley, P.A. Moving endpoints and the
internal consistency of agents' ex ante forecasts. 22p.
9702 Hess, Gregory D. & Iwata, Shigeru. Asymmetric persistence
in GDP?: a deeper look at depth. 32p.
9703 Schreft, Stacey L. & Smith, Bruce D. The effects of open
market operations in a model of intermediation and growth.
46p.
9705 Bonser-Neal, Catherine, Roley, V. Vance & Sellon, Gordon H.
The effect of monetary policy actions on exchange rates
under interest-rate targeting. 32p.
9704 Bonser-Neal, Catherine, Roley, V. Vance & Sellon, Gordon H.
Monetary actions, intervention, and exchange rates: a
re-examination of the empirical relationships using federal
f. 34p.
9706 Kozicki, Sharon & Shen, Pu. Breathing room for beta. 19p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
219 Holmes, Thomas J. How industries migrate when agglomeration
economies are important. 31p.
221 Holmes, Thomas J. Step-by-step migration to efficient
agglomerations. 44p.
220 Marshall, Robert & Merlo, Antonio. Pattern bargaining.
45p.
225 Allen, Beth. Cooperative theory with incomplete
information. 20p.
226 Allen, Beth. Implementation theory with incomplete
information. 16p.
223 Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R.
Monetary shocks and real exchange rates in sticky price
models of international business cycles. 37p.
227 Christiano, Lawrence J., Eichenbaum, Martin & Evans, Charles
L. Sticky prices and limited participation models of money:
a comparison. 68p.
224 Cole, Harold L. & Rogerson, Richard. Can the
Mortenson-Pissarides matching model match the business cycle
facts?. 46p.
222 Zhou, Ruilin. Individual and aggregate real balances in a
random matching model. 30p.
230 Atkeson, Andrew & Kehoe, Patrick J. Models of energy use:
putty-putty vs. putty-clay. 28p.
228 Chari, V.V. & Kehoe, Patrick J. Hot money. 16p.
229 Frank, Murray & Jagannathan, Ravi. Why do stock prices drop
by less than the value of the dividend?: evidence from a
country without taxes. 32p.
231 Rios-Rull, Jose Victor. Computation of equilibria in
heterogeneous agent models. 33p.
233 Geweke, John & Keane, Michael. An empirical analysis of
income dynamics among men in the Panel Survey of Income
Dynamics (PSID) 1968-1989. 84p.
PAGE 39
234 Krusell, Per & Rios-Rull, Jose-Victor. On the size of U.S.
government: political economy in the neoclassical growth
model. 41p.
236 Parente, Stephen L. & Prescott, Edward C. Monopoly rights:
a barrier to riches. 42p.
232 McGrattan, Ellen R. Application of weighted residual
methods to dynamic economic models. 36p.
235 Cubeddu, Luis & Rios-Rull, Jose-Victor. Marital risk and
capital accumulation. 51p.
237 Geweke, John & Keane, Michael. Mixture of normals probit
models. 32p.
238 Cole, Harold L. & Kocherlakota, Narayana. Efficient
allocations with hidden income and hidden storage. 33p.
239 Krusell, Per, et al. Capital-skill complementarity and
inequality: a macroeconomic analysis. 67p.
240 Schmitz, James A. Government production of investment goods
and aggregate labor productivity. 47p.
242 Prescott, Edward C. Needed: a theory of total factor
productivity. 50p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
114 Rodriguez-Clare, Andres. The role of trade in technology
diffusion. 53p.
115 Veracierto, Marcelo. Plant level irreversible investment
and equilibrium business cycles. 42p.
116 Quadrini, Vincenzo. Entrepreneurship, saving, and social
mobility. 51p.
117 Jagannathan, Ravi, Kubota, Keiichi & Takehara, Hitoshi.
Relationship between labor-income risk and average return:
empirical evidence from the Japanese stock market. 42p.
118 Andolfatto, David & Gomme, Paul. Monetary policy regimes
and beliefs. 52p.
120 Calvo, Guillermo A. & Mendoza, Enrique G. Rational herd
behavior and the globalization of securities markets. 44p.
123 Correia, Isabel & Teles, Pedro. The optimal inflation tax.
25p.
119 Jermann, Urban J. International portfolio diversification
and labor/leisure choice. 16p.
122 Marimon, Ramon, Nicolini, Juan Pablo & Teles, Pedro.
Electronic money: the end of inflation?. 35p.
121 Mendoza, Enrique G. & Uribe, Martin. The syndrome of
exchange rate based stabilizations and the uncertain
duration of currency pegs. 43p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
18 Bartolini, Leonardo & Drazen, Allan. When liberal policies
reflect external shocks, what do we learn?. 37p.
17 Yi, Kei-Mu & Kocherlakota, Narayana R. Is there endogenous
long-run growth?: evidence from the U.S. and the U.K. 32p.
19 Gong, Frank F. & Remolona, Eli M. A three-factor
econometric model of the U.S. term structure. 51p.
20 Connolly, Michelle P. Technological diffusion through trade
and imitation. 44p.
PAGE 40
21 Laster, David, Bennett, Paul & Geoum, In Sun. Rational bias
in macroeconomic forecasts. 44p.
22 Jayaratne, Jith & Strahan, Philip E. Entry restrictions,
industry evolution, and dynamic efficiency: evidence from
commercial banking. 46p.
23 Gong, Fangxiong & Mariano, Roberto S. Testing under
non-standard conditions in frequency domain: with
applications to Markov regime switching models of e. 56p.
25 Chakravarty, Sugato & Sarkar, Asani. Can competition
between brokers mitigate agency conflicts with their
customers?. 37p.
24 Clark, John & Berko, Elizabeth. Foreign investment
fluctuations and emerging market stock returns: the case of
Mexico. 40p.
27 Fleming, Michael J. & Remolona, Eli M. Price formation and
liquidity in the U.S. Treasury market: evidence from
intraday patterns around announcements. 52p.
26 John, Andrew & Yi, Kei-Mu. Language, learning, and
location. 33p.
28 Chakravarty, Sugato & Sarkar, Asani. Traders' broker
choice, market liquidity and market structure. 52p.
30 Athanasoulis, Stefano & van Wincoop, Eric. Growth
uncertainty and risksharing. 43p.
29 Demsetz, Rebecca S., Saidenberg, Marc R. & Strahan, Philip
E. Agency problems and risk taking at banks. 37p.
33 Lopez, Jose A. Regulatory evaluation of value-at-risk
models. 31p.
32 Malz, Allan M. Option-implied probability distributions and
currency excess returns. 59p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
97-1 Berger, Allen N. & Mester, Loretta J. Inside the black box:
what explains differences in the efficiencies of financial
institutions?. 59p.
9702 Chatterjee, Satyajit. On the optimality of eliminating
seasonality in nominal interest rates. 26p.
97-5 Berger, Allen N. & Mester, Loretta J. Efficiency and
productivity change in the U.S. commercial banking industry:
a comparison of the 1980s and 1990s. 31p.
97-3 Berlin, Mitchell & Mester, Loretta J. On the profitability
and cost of relationship lending. 23p.
97-4 Nakamura, Leonard I. The measurement of retail output and
the retail revolution. 30p.
97-7 Diebold, Francis X., Ohanian, Lee E. & Berkowitz, Jeremy.
Dynamic equilibrium economies: a framework for comparing
models and data. 63p.
97-6 Diebold, Francis X., Gunther, Todd A. & Tay, Anthony S.
Evaluating density forecasts. 29p.
9618r Berlin, Mitchell & Mester, Loretta J. Why is the banking
sector shrinking?: core deposits and relationship lending.
42p.
97-2 Chatterjee, Satyajit. On the optimality of eliminating
seasonality in nominal interest rates. 26p.
PAGE 41
97-8 Hughes, Joseph P., et al. Recovering risky technologies
using the almost ideal demand system: an application to U.S.
banking. 31p.
97-9 McAndrews, James J. Banking and payment system stability in
an electronic money world. 31p.
9710 Stark, Tom. Macroeconomic forecasts and microeconomic
forecasters in the "Survey of Professional Forecasters".
42p.
9712 Carlino, Gerald & DeFina, Robert. The differential regional
effects of monetary policy: from the U.S. states. 31p.
9715 Chatterjee, Satyajit & Ravikumar, B. Minimum consumption
requirements: theoretical and quantitative implications for
growth and distribution. 32p.
9714 Christoffersen, Peter F. & Diebold, Francis X.
Cointegration and long-horizon forecasting. 35p.
9711 Christoffersen, Peter F. & Diebold, Francis X. Optimal
prediction under asymmetric loss. 17p.
9713 Gyourko, Joseph & Voith, Richard. Does the U.S. tax
treatment of housing promote suburbization and central city
decline?. 35p.
9716 McAndrews, James & Roberds, William. A model of check
exchange. 26p.
9717 Berlin, Mitchell & Mester, Loretta J. Intermediation and
vertical integration. 25p.
9718 Bomfim, Antulio N. & Diebold, Francis X. Bounded
rationality and strategic complementarity in a macroeconomic
model: policy effects, persistence... 30p.
9724 Cavalcanti, Ricardo, Erosa, Andres & Temzelides, Ted.
Private money and reserve management in a random matching
model. 42p.
9726 Chatterjee, Satyajit & Carlino, Gerald. On the evolution of
the spatial distribution of employment in postwar United
States. 56p.
9723 Diebold, Francis X. & Kilian, Lutz. Measuring
predictability: theory and macroeconomic applications. 49p.
9720 Diebold, Francis X. The past, present, and future of
macroeconomic forecasting. 33p.
9722 Nakamura, Leonard & Zarazaga, Carlos E.J.M. Economic growth
in Argentina in the period 1900-30: some evidence from stock
returns. 29p.
9721 Peiers, Bettina & Wrase, Jeffrey M. Dollarization
hysteresis and network externalities: theory and evidence
from an informal Bolivian credit market. 28p.
9719 Shaffer, Sherrill. Network diseconomies and optimal
structure. 38p.
9725 Shaffer, Sherrill. The winner's curse in banking. 31p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9645 Berkowitz, Jeremy & Kilian, Lutz. Recent developments in
bootstrapping time series. 48p.
9644 Elmendorf, Douglas W. The effects of deficit-reduction laws
on real interest rates. 39p.
9643 Fallick, Bruce C. & Hassett, Kevin A. Investment and union
certification. 21p.
PAGE 42
9647 Kozicki, Sharon & Tinsley, P.A. Moving endpoints and the
internal consistency of agents' ex ante forecasts. 22p.
9646 Schuh, Scott. Evidence on the link between firm-level and
aggregate inventory behavior. 46p.
9650 Board, Raymond & Tinsley, P.A. Smart systems and simple
agents: industry pricing by parallel rules. 30p.
97-2 Bostic, Raphael W. The role of race in mortgage lending:
revisiting the Boston Fed study. 44p.
9648 Fleischman, Charles A. The endogeneity of employment
adjustment costs: the tradeoff between efficiency and
flexibility. 33p.
9649 Lamb, Russell L. Off-farm labor supply and fertilizer use.
42p.
97-1 Wilson, Beth Anne. Movements of wages over the business
cycle: an intra-firm view. 38p.
97-4 Doyle, Maura P. & Snyder, Christopher M. Information
sharing and competition in the motor vehicle industry. 35p.
97-5 Gordy, Michael B. Computationally convenient distributional
assumptions for common value auctions. 19p.
97-3 Judson, Ruth A. & Owen, Ann L. Estimating dynamic panel
data models: a practical guide for macroeconomists. 21p.
97-6 Lander, Joel, Orphanides, Athanasios & Douvogiannis, Martha.
Earnings forecasts and the predictability of stock returns:
evidence from trading the S & P. 24p.
97-9 Akhavein, Jalal D., Berger, Allen N. & Humphrey, David B.
The effects of megamergers on efficiency and prices:
evidence from a bank profit function. 64p.
97-8 Berger, Allen N. & DeYoung, Robert. Problem loans and cost
efficiency in commercial banks. 28p.
9711 Berger, Allen N. & Humphrey, David B. Efficiency of
financial institutions: international survey and directions
for future research. 75p.
9710 Berger, Allen N. & Mester, Loretta J. Inside the black box:
what explains differences in the efficiencies of financial
institutions?. 59p.
97-7 Canner, Glenn & Passmore, Wayne. The Community Reinvestment
Act and the profitability of mortgage-oriented banks. 37p.
9712 Jones, Charles I. & Williams, John C. Measuring the social
return to R & D. 19p.
9713 Duffee, Gregory R. & Zhou, Chunsheng. Credit derivatives in
banking: useful tools for managing risk?. 30p.
9718 Kim, Jinill. Three sources of increasing returns to scale.
36p.
9714 Kupiec, Paul H. & O'Brien, James M. The pre-commitment
approach: using incentives to set market risk capital
requirements. 50p.
9719 Passmore, Wayne & Sparks, Roger. The effect of automated
underwriting on the profitability of mortgage
securitization. 31p.
9717 Schmitt-Grohe, Stephanie & Uribe, Martin. Price level
determinacy and monetary policy under a balanced budget
requirement. 25p.
9715 Zhou, Chunsheng. A jump-diffusion approach to modeling
credit risk and valuing defaultable securities. 41p.
PAGE 43
9716 Zhou, Chunsheng. Path-dependent option valuation when the
underlying path is discontinuous. 19p.
9723 Diebold, Francis X., Ohanian, Lee E. & Berkowitz, Jeremy.
Dynamic equilibrium economies: a framework for comparing
models and data. 32p.
9720 Dupont, Dominique. Extracting information from trading
volume. 25p.
9721 Jefferson, Philip N. `Home' base and monetary base rules:
elementary evidence from the 1980s and 1990s. 29p.
9724 Kiley, Michael T. Efficiency wages, nominal rigidities, and
the cyclical behavior of real wages and marginal cost. 8p.
9722 Kupiec, Paul H. Margin requirements, volatility, and market
integrity: what have we learned since the Crash. 38p.
9726 Pritsker, Matt. Nonparametric density estimation and tests
of continuous time interest rate models. 48p.
9725 Walraven, Nicholas. Small business lending by banks
involved in mergers. 28p.
9727 Zhou, Chunsheng. Default correlation: an analytical result.
28p.
9728 Berger, Allen N., Scalise, Joseph M. & Udell, Gregory F.
The effects of bank mergers and acquisitions on small
business lending. 52p.
9733 Berkovec, James A., Mingo, John J. & Zhang, Xuechun.
Premiums in private versus public bank branch sales. 21p.
9734 Bostic, Raphael W. Racial differences in short-run earnings
stability and implications for credit markets. 37p.
9729 Brayton, Flint, et al. The evolution of macro models at the
Federal Reserve Board. 41p.
9730 Clouse, James A. & Elmendorf, Douglas W. Declining required
reserves and the volatility of the federal funds rate. 40p.
9735 Kennickell, Arthur B. & Kwast, Myron L. Who uses electronic
banking?: results from the 1995 Survey of Consumer Finance.
44p.
9732 Mariger, Randall P. Social security privatization: what it
can and cannot accomplish. 46p.
9731 Tinsley, P.A. & Krieger, Reva. Asymmetric adjustments of
price and output. 30p.
9738 Doyle, Maura P. The effects of interest rates and taxes on
new car prices. 39p.
9740 Furfine, Craig & Stehm, Jeff. Analyzing alternative
intraday credit policies in real-time gross settlement
systems. 24p.
9737 Iyigun, Murat F. & Owen, Ann L. Risk, entrepreneurship and
human capital accumulation. 24p.
9736 Orphanides, Athanasios, et al. A quantitative exploration
of the opportunistic approach to disinflation. 41p.
9739 Schnure, Calvin. Internal capital markets and investment:
do the cash flow constraints really bind?. 20p.
9750 Bauer, Paul W., et al. Consistency conditions for
regulatory analysis of financial institutions: a comparison
of frontier efficiency metho. 42p.
9742 Bomfin, Antulio, et al. Expectations, learning and the
costs of disinflation experiments using the FRB/US model.
33p.
PAGE 44
9747 Cutler, David M., Elmendorf, Douglas W. & Zeckhauser,
Richard. Restraining the Leviathan: property tax
limitations in Massachusetts. 50p.
9741 Dupont, Dominique. Trading volume and information
distribution in a market-clearing framework. 41p.
9743 Fleischman, Charles A. The GMM parameter normalization
puzzle. 0p.
9749 Hooker, Mark A. Misspecification versus bubbles in
hyperinflation data: Monte Carlo and interwar European
evidence. 35p.
9746 Kiley, Michael T. Staggered price setting and real
rigidities. 0p.
9745 Kiley, Michael T. The supply of skilled labor and
skill-biased technological progress. 17p.
9748 Otto, Maria Ward. The sources of worker anxiety: evidence
from the Michigan Survey. 37p.
9744 Surette, Brian J. The effects of two-year college on the
labor market and schooling experiences of young men. 51p.
9753 Cohen, Darrel & Hassett, Kevin A. Inflation, taxes, and the
durability of capital. 19p.
9756 Hooker, Mark A. Exploring the robustness of the oil
price-macroeconomy relationship. 27p.
9755 Kennickell, Arthur B. & Sunden, Annika E. Pensions, social
security, and the distribution of wealth. 40p.
9752 Kwast, Myron L., Starr-McCluer, Martha & Wolken, John D.
Market definition and the analysis of antitrust in banking.
22p.
9758 Kwast, Myron L. & Passmore, S. Wayne. The subsidy provided
by the federal safety net: theory, measurement and
containment. 42p.
9757 Roberts, John M. The wage curve and the Phillips curve.
13p.
9754 Whelan, Karl. Unemployment and the durational structure of
exit rates. 32p.
9751 Whelan, Karl. Wage curve vs. Phillips curve: are there
macroeconomic implications?. 22p.
FEDERAL RESERVE BOARD. International Finance Papers.
575 Faust, Jon. Theoretical confidence level problems with
confidence intervals for the spectrum of a time series.
12p.
572 Faust, Jon & Irons, John. Money, politics and the post-war
business cycle. 40p.
574 Gagnon, Joseph E. Net foreign assets and equilibrium
exchange rates: panel evidence. 28p.
573 Iyigun, Murat F. Timing of childbearing, family size and
economic growth. 21p.
578 Davis, Steven J., Loungani, Prakash & Mahidhara, Ramamohan.
Regional labor fluctuations: oil shocks, military spending,
and other driving forces. 61p.
576 Faust, Jon & Whiteman, Charles H. General-to-specific
procedures for fitting a data admissible, theory inspired,
congruent, parsimonious, encompassin. 45p.
PAGE 45
577 Loungani, Prakash, Razin, Assaf & Yuen, Chi-Wa. Capital
mobility and the output-inflation tradeoff. 20p.
579 Schineller, Lisa M. An econometric model of capital flight
from developing countries. 46p.
581 Gagnon, Joseph E. Inflation regimes and inflation
expectations. 33p.
582 Henderson, Dale W., et al. Can government gold be put to
better use?: qualitative and quantitative effects of
alternative policies. 40p.
580 Kamin, Steven B. & Rogers, John H. Output and the real
exchange rate in developing countries: an application to
Mexico. 63p.
584 Gibson, Michael S. The banking lending channel of monetary
policy transmission: evidence from a model of bank behavior
that incorporat. 42p.
583 Kamin, Steven B. & Wood, Paul R. Capital inflows, financial
intermediation, and aggregate demand: empirical evidence
from Mexico and other Pacific B. 61p.
589 Engel, Charles, Hendrickson, Michael K. & Rogers, John H.
Intra-national, intra-continental, and intra-planetary PPP.
30p.
585 Gibson, Michael S. Information systems for risk management.
27p.
586 Iyigun, Murat F. & Owen, Ann L. Income inequality and
macroeconomic fluctuations. 29p.
588 Levin, Andrew T., Rogers, John H. & Tryon, Ralph W. A guide
to FRB/Global. 55p.
587 Stevens, Guy V.G. On the inverse of the covariance matrix
in portfolio analysis. 18p.
593 Basu, Susanto & Fernald, John G. Aggregate productivity and
aggregate technology. 53p.
591 Bordo, Michael D., Erceg, Christopher J. & Evans, Charles L.
Money, sticky wages, and the Great Depression. 53p.
590 Erceg, Christopher J. Nominal wage rigidities and the
propagation of monetary disturbances. 52p.
592 Fernald, John. Roads to prosperity?: assessing the link
between public capital and productivity. 36p.
597 Boyer, Brian H., Gibson, Michael S. & Loretan, Mico.
Pitfalls in tests for changes in correlations. 11p.
596 Ericcson, Neil R., Hendry, David F. & Prestwich, Kevin M.
The demand for broad money in the United Kingdom, 1878-1993.
36p.
595 Mann, Catherine L. Globalization and productivity in the
United States and Germany. 34p.
594 Schineller, Lisa M. A nonlinear econometric analysis of
capital flight. 38p.
598 Uribe, Martin. Habit formation and the comovement of prices
and consumption during exchange rate based stabilization
programs. 30p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
214 Simpson, John & Shin, Richard. Do nonprofit hospitals
exercise market power?. 22p.
PAGE 46
213 Thomas, Charles J. Market structure and the flow of
information in repeated auctions. 32p.
215 Reiffen, David, Schumann, Laurence & Ward, Michael R.
Discriminatory dealing with downstream competitors: evidence
from the cellular industry. 41p.
HARVARD UNIVERSITY. Institute of Economic Research.
1787 Bernheim, B. Douglas & Whinston, Michael D. Incomplete
contracts and strategic ambiguity. 60p.
1785 Bohn, James G. & Hall, Brian J. The moral hazard of
insuring the insurers. 33p.
1790 Csontos, Laszlo, Kornai, Janos & Toth, Istvan G.
Tax-awareness and the reform of the welfare state: results
of a Hungarian survey. 22p.
1786 Dorfman, Robert. Modernizing Bohm-Bawerk's theory of
interest. 43p.
1789 Hall, Brian J. & Liebman, Jeffrey B. Are CEO's really paid
like bureaucrats?. 48p.
1788 LaPorta, Rafael, et al. Legal determinants of external
finance. 30p.
1791 Sjostrom, Tomas. Undominated Nash implementation with
collusion and renegotiation. 16p.
1792 Hart, Oliver & Moore, John. Default and renegotiation: a
dynamic model of debt. 56p.
1795 Klette, Tor Jakob & Griliches, Zvi. Empirical patterns of
firm growth and R & D investment: a quality ladder model
interpretation. 25p.
1793 Sachs, Jeffrey D. & Woo, Wing Thye. Understanding China's
economic performance. 58p.
1794 Weitzman, Martin L. On the welfare basis of green
accounting. 24p.
1797 Baliga, Sandeep & Sjostrom, Tomas. Not invented here. 28p.
1800 Davis, Donald R. The home market, trade, and industrial
structure. 27p.
1798 Helpman, Elhanan. R & D and productivity: the international
connection. 22p.
1799 Maskin, Eric & Tirole, Jean. Markov perfect equilibrium, I:
observable actions. 38p.
1796 Maskin, Eric & Tirole, Jean. Unforseen contingencies,
property rights, and incomplete contracts. 60p.
1809 Baldwin, John R. & Caves, Richard E. International
competition and industrial performance: allocative
efficiency, productive efficiency, and turbulence. 41p.
1808 Caves, Richard E. Industrial organization and new findings
on the turnover and mobility of firms. 68p.
1802 Davis, Donald R. & Weinstein, David E. Economic geography
and regional production structure: an empirical
investigation. 45p.
1804 Davis, Donald R. & Reeve, Trevor A. Human capital,
unemployment, and relative wages in a global economy. 34p.
1803 Fudenberg, Drew & Tirole, Jean. Upgrades, trade-ins, and
buy-backs. 42p.
1807 Lane, Philip R. & Tornell, Aaron. Voracity and growth.
36p.
PAGE 47
1805 Metrick, Andrew. The equity performance of investment
newsletters. 41p.
1806 Tornell, Aaron. Rational atrophy: the U.S. steel industry.
37p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
123 Ben-Shakhar, Gershon, et al. Seek and ye shall find: a
confirmation bias in clinical judgement. 25p.
124 Hart, Sergiu & Tauman, Yair. Market crashes without
external shocks. 7p.
126 Hart, Sergiu & Mas-Colell, Andreu. A simple adaptive
procedure leading to correlated equilibrium. 65p.
125 Peleg, Bezalel. A difficulty with Nash's program: a proof
of a special case. 7p.
128 Solan, Eilon. 3-person repeated games with absorbing
states. 43p.
127 Solan, Eilon. (Min max)squared = min max. 18p.
129 Sudholter, Peter & Peleg, Bezalel. Nucleoli as maximizers
of collective satisfaction functions. 31p.
130 Aumann, Robert J., Hart, Sergiu & Perry, Motty. The
forgetful passenger. 5p.
132 Peleg, Bezalel. Implementation of the core of a marriage
problem. 9p.
135 Assaf, David & Samuel-Cahn, Ester. Optimal multivariate
stopping rules. 20p.
136 Assaf, David, Goldstein, Larry & Samuel-Cahn, Ester. A
statistical version of prophet inequalities. 8p.
133 Krishna, Vijay & Perry, Motty. Efficient mechanism design.
19p.
131 Majumdar, Mukul & Peleg, Bezalel. An axiomatization of the
Walras correspondence in infinite dimensional spaces. 22p.
134 Samet, Dov. Counterfactuals in Wonderland. 7p.
137 Gomes, Armando & Mas-Colell, Andreu. Finite horizon
bargaining and the consistent field. 29p.
140 Peleg, Bezalel. Effectivity functions, game forms, games,
and rights. 26p.
141 Simon, Robert S. The difference between common knowledge of
formulas and sets. 13p.
138 Yaniv, Ilan & Foster, Dean. Precision and accuracy of
judgemental estimation. 18p.
139 Yaniv, Ilan. Weighting and trimming: heuristics for
aggregating judgements under uncertainty. 31p.
142 Simon, Robert S. Separation of joint plan equilibrium
payoffs from the min-max functions. 23p.
144 Granot, Daniel & Maschler, Michael. Spanning network games.
30p.
148 Guth, Werner & Peleg, Bezalel. When will the fittest
survive?: an indirect evolutionary analysis. 21p.
145 Kohlberg, Elon & Neyman, Abraham. A strong law of large
numbers for nonexpansive vector valued stochastic processes.
21p.
149 Nagel, Rosemarie & Tang, Fang-Fang. Experimental results on
the centipede game in normal form: an investigation on
learning. 32p.
PAGE 48
146 Pitowsky, Itamar. Correlation polytopes and the geometry of
limit laws in probability. 29p.
152 Solan, Eilon. Repeated team games with absorbing states.
27p.
147 Ullmann-Margalit, Edna. "He asked for water and she gave
him milk": on fulfillment and satisfaction of intentions.
17p.
143 Ullmann-Margalit, Edna. The invisible hand and the cunning
of reason. 16p.
151 Rothenstein, Daniel. Imperfect inspection games over time.
57p.
150 Simon, Robert S. The generation of formulas held in common
knowledge. 21p.
153 Hart, Sergiu & Levy, Zohar. Efficiency does not imply
immediate agreement. 8p.
158 Bassan, Bruno, Scarsini, Marco & Zamir, Shmuel. "I don't
want to know!": can it be rational?. 16p.
154 Bornstein, Gary & Yaniv, Ilan. Individual and group
behavior in the ultimatum game: are groups more "rational"
players?. 17p.
156 Peleg, Bezalel. Almost all equilibria in dominant
strategies are coalition-proof. 7p.
157 Perry, Motty & Reny, Philip J. On the failure of the
linkage principle in multi-unit auctions. 14p.
155 Sackrowitz, Harold & Samuel-Cahn, Ester. P-values as random
variables: expected p-values. 16p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
325 Crotty, James. Were Keynes's views on the economic role of
the state more radical and interventionist than U.S.
Keynesians acknowl. 49p.
324 Stein, Howard. The Nigerian banking crisis and Japanese
financial development: in search of lessons. 34p.
327 Tsuru, Tsoyoshi. Intrafirm communication and wage
determination in Japanese nonunion firms. 27p.
334 Chigira, Makoto & Fukao, Kyoji. On the Japanese
contribution to the equalization of world income. 36p.
330 Garside, W.R. Industrial policy and the development state:
Britain 1945-1990. 28p.
331 Stein, Howard. Structural adjustment and the political
economy of Japanese aid to Africa. 41p.
339 Kariya, Takeaki. Valuation of time-deposit saving (CD) with
transfer option. 18p.
340 Morishima, Motohiro & Tsuru, Tsuyoshi. Nonunion employee
representation in Japan. 39p.
336 Rosefielde, Steven. Chinese market socialism: managerial
autonomy, state ownership and economic justice. 13p.
337 Rosefielde, Steven. Dark horses: contemporary challenges to
democratic free enterprise. 33p.
338 Suzumura, Kotaro. Consequences, opportunities, and
procedures. 32p.
HONG KONG UNIVERSITY OF SCIENCE & TECHNOLOGY. Dept. of Economics.
96-7 Chow, Gregory & Kwan, Yum K. Economic effects of political
movements in China: lower bound estimates. 17p.
PAGE 49
96-5 Chow, Gregory & Kwan, Yum K. Statistical estimation and
testing of a real business cycle model. 20p.
96-3 Kao, Chihwa & Lee, Lung-Fei. Maximum stimulated likelihood
estimation of consumer demand systems with binding
non-negativity constraints. 28p.
96-6 Kwan, Yum K. & Chow, Gregory C. Economic effects of
political movements in China. 17p.
9612 Kwan, Yum K. & Lui, Francis T. Hong Kong's currency board
and changing monetary regimes. 37p.
96-2 Lee, Lung-Fei. Estimation of dynamic and ARCH Tobit models.
23p.
96-4 Lee, Lung-Fei. Simulation estimation of sample selection
models. 37p.
96-1 Lee, Lung-Fei. Statistical inference with simulated
likelihood functions. 49p.
96-8 Wu, Changqi & Cheng, Leonard. Determinants of export
performance of China's township and village enterprises.
19p.
9621 Bai, Chong-en & Tao, Zhigang. Contract mix and ownership.
39p.
9618 Cheng, Leonard K., Qiu, Larry D. & Wong, Kit Pong. On the
design of incentive compatible antidumping policy. 27p.
9614 Chow, Gregory C. & Kwan, Yum K. Rational expectation is not
generally valid for econometric models: evidence from stock
market data. 18p.
9627 Kim, Sonku. High-powered incentives vs. low-powered
incentives: why low-powered incentives within firms?. 27p.
9625 Kim, Sonku & Wang, Susheng. Linear contracts and the double
moral hazard. 28p.
9624 Kim, Sonku & Titman, Sheridan. Managerial incentives, risk
management and accounting policy. 31p.
9626 Kim, Sonku & Ryu, Keunkwan. The organization's decision
making stucture: trade-off between coordination and
information. 30p.
9616 Kwan, Yum K. Asymptotic Bayesian analysis based on a
limited information estimator. 28p.
9617 Kwan, Yum K. & Chow, Gregory C. Chow's method of optimal
control: a numerical solution. 15p.
9620 Lee, Lung-Fei. A numerically stable quadrature procedure
for the one-factor random component discrete choice model.
12p.
9619 Lee, Lung-Fei. Specification and estimation of count data
regression and sample selection models: a counting process
and waiting t. 36p.
9623 Li, Huagang. State factories in transition: openness,
competition, and productivity. 42p.
9622 Li, Huagang. Work effort, labor organization, and
technological change: the case of Chinese factories. 33p.
9610 Riley, John G. & Li, Huagang. Auction choice: a numerical
analysis. 34p.
9615 Wen, Yi. Capacity utilization under increasing returns to
scale. 38p.
9611 Fung, Michael K.Y., Ho, Wai-Ming & Zhu, Lijing.
Macroeconomic control in the transforming Chinese economy:
an analysis of long run effects. 29p.
PAGE 50
9613 Lee, Lung-Fei. Estimation of dynamic limited dependent
rational expectations models. 32p.
96-9 Wu, Changqi. A high cost public firm without apology. 14p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
9608 Einarsson, Tor & Marquis, Milton H. Transitional and
steady-state costs of a credible disinflation policy when
growth is endogenous. 32p.
9606 Matthiasson, Thorolfur. Cost sharing and catch sharing.
34p.
9607 Matthiasson, Thorolfur. Local government in the Icelandic
individual transferable quotas market: will they find it
rational to sell?. 28p.
9702 Baldursson, Fridrik M. Modelling the price of industrial
commodities. 35p.
9612 Danielsson, Jon. Multivariate stochastic volatility models:
estimation and a comparison with VGARCH models. 24p.
9609 Einarsson, Tor & Marquis, Milton H. Home production with
endogenous growth. 18p.
9701 Gylfason, Thorvaldur. Icelandic economists: have they made
a difference?: a personal view. 23p.
9703 Phelps, Edmund S. & Zoega, Gylfi. The incidence of
increased unemployment in the Group of Seven, 1970-1994.
35p.
9610 Sorensen, Anders. Economic growth: a survey. 37p.
9611 Townsend, Ralph E. Fisheries management implications of
Alaskan community development quotas. 25p.
9705 Danielsson, Jon & de Vries, Casper G. Extreme returns, tail
estimation, and value-at-risk. 27p.
9706 Einarsson, Tor & Marquis, Milton H. Fiscal policy in an
endogenous growth model with home production. 33p.
9704 Matthiasson, Thorolfur. Fixed wage or share: contingent
contract renewal and skipper motivation. 41p.
9708 Einarsson, Tor & Marquis, Milton H. Fiscal policy analysis
under alternative mechanisms of endogenous growth. 41p.
9707 Einarsson, Tor & Marquis, Milton H. Formal training,
on-the-job training, and the allocation of time. 22p.
9709 Herbertsson, Tryggvi T. & Sorensen, Anders. Policy rules
for exploitation of renewable resources: a macroeconomic
perspective. 28p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9634 Adda, J. & Robin, J.M. Aggregation of non stationary demand
systems. 41p.
9635 Bertail, P., Politis, D. & Rhomari, N. Undersampling
continuous random fields and a Bernstein inequality. 19p.
9638 Fermanian, J.D. A root n bandwidth selector in hazard
estimation. 50p.
9637 Laferrere, A. & McEntee, P. Self-employment and
intergenerational transfers: liquidity constraints or family
environment?. 20p.
9641 Bossaerts, P., Ghysels, E. & Gourieroux, C. Arbitrage-based
pricing when volatility is stochastic. 56p.
PAGE 51
9642 Breitung, J. & Gourieroux, C. Rank test for unit roots.
29p.
9643 Cahuc, P. & Kramarz, F. Voice and loyalty as a delegation
of authority: a model and a test on matched worker-firm
panels. 42p.
9644 Caillaud, B., Dionne, G. & Jullien, B. Corporate insurance
with optimal financial contracting. 34p.
9639 Chiappori, P.A. & Salanie, B. Empirical contract theory:
the case of insurance data. 9p.
9646 Florens-Landais, D. & Pham, H. Large deviations in
estimation of an Ornstein-Uhlenbeck model. 16p.
9640 Ghysels, E., Gourieroux, C. & Jasiak, J. Kernel
autocorrelogram for time deformed processes. 35p.
9648 Gourieroux, C. & Laurent, J.P. Estimation of a dynamic
hedge. 26p.
9636 Hardle, W., Lutkepohl, H. & Chen, R. A review of
nonparametric time series analysis. 47p.
9647 Koehl, P.F., Pham, H. & Touzi, N. Option pricing under
transaction costs: a Martingale approach. 18p.
9649 Niehof, J. & Ganzeboom, H. Cultural reproduction in France
and the Netherlands: a cross-national comparison. 14p.
9645 Pesaran, M.H., Shin, Y. & Smith, R.J. Testing for the
existence of a long-run relationship. 22p.
9652 Abowd, J.M., et al. Minimum wages and youth employment in
France and the United States. 47p.
9650 Billio, M., Monfort, A. & Robert, C.P. Bayesian estimation
of switching ARMA models. 28p.
9651 Bisaglia, L. & Guegan, D. A review on techniques of
estimation in long-memory processes: applications to
intra-day data. 28p.
9656 Fourdrinier, D., Philippe, A. & Robert, C.P. Estimation of
a non-centrality parameter under Stein type like losses.
13p.
9655 Ghysels, E., Gourieroux, C. & Jasiak, J. Trading patterns,
time deformation and stochastic volatility in foreign
exchange markets. 49p.
9653 Gourieroux, C., Le Fol, G. & Meyer, B. Analysis of order
queues. 41p.
9659 Koehl, P.F. & Villeneuve, B. Multiple risks and asymmetric
information. 33p.
9658 Laroque, G. & Lemaire, I. Bliss and the permanent income
hypothesis. 6p.
9657 Lemaire, I. Optimal firm response to incremental tax
credits. 28p.
9701 Dionne, G., Gourieroux, C. & Vanasse, C. The informational
content of household decisions, with application to
insurance under adverse selection. 23p.
9703 El Babsiri, M. & Zakoian, J.M. Contemporaneous asymmetry in
GARCH processes. 44p.
9705 Jouini, E. Price functionals with bid-ask spreads: an
axiomatic approach. 12p.
9702 Lisi, F. One-step prediction of chaotic time series by
multivariate reconstruction. 12p.
9708 Blundell, R. & Robin, J.M. Estimation in large and
disaggregated demand systems: an estimator for conditionally
linear systems. 28p.
PAGE 52
9709 Bontemps, C., Robin, J.M. & van den Berg, G. Equilibrium
search with productivity dispersion: theory and estimation.
52p.
9711 Chiaporri, P.A. & Salanie, B. Testing for asymmetric
information in insurance markets. 27p.
9712 Combes, P.P. & Linnemer, L. Intermodal competition, firms'
location and asymmetries in regional surpluses. 39p.
9706 Gourieroux, C., Tiomo, A. & Trognon, A. The portfolio
composition of households: a scoring analysis from French
data. 57p.
9707 Jouini, E. & Kallal, H. Viability and equilibrium in
securities markets with frictions. 21p.
9713 Spaeter, S. Optimal insurance policies when prudence and
nonlinear costs are jointly considered. 22p.
9716 Jeleva, M. & Villeneuve, B. Insurance contracts with
imprecise probabilities and adverse selection. 20p.
9714 Spaeter, S. Imperfect estimation of the loss and non-linear
costs: the optimal design of insurance contracts. 23p.
9715 Wasmer, E. Competition for jobs in a growing economy and
the emergence of dualism. 38p.
9717 Dupuis, J.A. & Robert, C.P. Bayesian variable selection in
qualitative models by Kullback-Leibler projections. 21p.
9725 Entorf, H., Gollac, M. & Kramarz, F. New technologies,
wages and worker selection. 35p.
9719 Francq, C. & Zakoian, J.M. Covariance matrix estimation for
estimators of mixing Wold's ARMA. 23p.
9723 Laferrere, A. Intergenerational transmission models: a
survey. 33p.
9721 Pele, L.P. Methods of pay, worker selection, and minimum
wage. 13p.
9720 Rousseau, J. Asymptotic properties of HFD regions in the
discrete case. 18p.
9718 Rousseau, J. Coverage properties of one-sided intervals in
the discrete case and application to matching priors. 22p.
9722 Wasmer, E. & Zenou, Y. Equilibrium urban unemployment.
37p.
9729 Cazzavillan, Guido, Lloyd-Braga, Teresa & Pintus, Patrick A.
Multiple steady states and endogenous fluctuations with
increasing returns to scale in production. 46p.
9727 Grandmont, Jean-Michel. Expectations formation and
stability of large socioeconomic systems. 57p.
9728 Grandmont, Jean-Michel, Pintus, Patrick & de Vilder, Robin.
Capital-labor substitution and competitive nonlinear
endogenous business cycles. 67p.
9730 Griliches, Zvi & Mairesse, Jacques. Production functions:
the search for identification. 50p.
9726 Hobert, James P. & Robert, C.P. Eaton's Markov chain, its
conjugate partner and P-admissibility. 13p.
INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9702 Antinolfi, Gaetano & Huybens, Elisabeth. Money, real
exchange rates, and capital accumulation in a small open
economy with financial market frictions. 50p.
PAGE 53
9704 Auernheimer, Leonardo & Rumbos, Beatriz. Variable capital
utilization in a general equilibrium, "supply-side" model.
29p.
9703 Gomez, Juan-Pedro & Zapatero, Fernando. The role of
institutional investors in international trading: an
explanation of the home bias puzzle. 32p.
9701 Huggett, Mark & Ventura, Gustavo. Understanding why high
income households save more than low income households.
40p.
9705 Ortigueria, Salvador. A dynamic analysis of an endogenous
growth model with leisure. 28p.
9709 Bencivenga, Valerie, Huybens, Elisabeth & Smith, Bruce D.
What to stabilize in the open economy?: some notes on a
problem of Keynes. 48p.
9707 Huybens, Elisabeth & Smith, Bruce D. Inflation, financial
markets and long-run real activity. 44p.
9708 Johnson, Phillip. Monetary exchange as a social convention:
emergence and stability of an intermediating commodity.
21p.
9706 Sharma, Tridib. Joint ventures and stock markets as
commitment devices. 33p.
9710 Zapatero, Fernando & Reverter, Luis F. Exchange rate
intervention with options. 23p.
UNIVERSITY OF IOWA. Department of Economics.
9616 Bhattacharya, Utpal & Ravikumar, B. Capital markets and the
longevity of family businesses. 29p.
9615 Neumann, George R. & Tamura, Robert F. Managing
competition: the case of the National Football League. 17p.
9701 Riezman, Raymond. Can bilateral trade agreements help
induce free trade?. 23p.
9703 Aiyagari, S. Rao & Williamson, Stephen D. Credit in a
random matching model with private information. 37p.
9705 Bowlus, Audra J., Kiefer, Nicholas M. & Neumann, George R.
Equilibrium search models and the transition from school to
work. 43p.
9704 Clark, Kenneth, Kay, Stephen & Sefton, Martin. When are
Nash equilibria self enforcing?: an experimental analysis.
33p.
9702 Parks, R.W., Savin, N.E. & Wurtz, A.H. The power of Hessian
and outer product based Wald and LM tests. 20p.
9706 Horowitz, Joel. Semiparametric estimation of a proportional
hazard model with unobserved heterogeneity. 39p.
9707 Wu, S.Y. On the changing nature of entrepreneurship. 26p.
9710 Blume, Andreas. Fast learning in organizations. 28p.
9711 Blume, Andreas. Information transmission and preference
similarity. 31p.
9708 Cooper, R. & Corbae, D. Financial fragility and the Great
Depression. 35p.
9709 Corbaw, Dean, Ouliaris, Sam & Phillips, Peter C.B. Band
spectral regression with trending data. 47p.
9715 Chaterjee, Satyajit & Ravikumar, B. Minimum consumption
requirements: theoretical and quantitative implications for
growth and distribution. 32p.
PAGE 54
9712 Khan, Aubhik & Ravikumar, B. Costly technology adoption and
capital accumulation. 21p.
9713 Khan, Aubhik & Ravikumar, B. Growth and risk-sharing with
private information. 31p.
9714 Nankervis, John C., Lobato, Ignacio & Savin, N.E. Testing
that stock returns are uncorrelated using a generalized
Box-Pierce Q test. 37p.
IOWA STATE UNIVERSITY. Department of Economics.
39 McFadzean, David & Tesfatsion, Leigh. A C++ platform for
the evolution of trade networks. 33p.
40 Athanasoulis, Stefano G & Shiller, Robert J. The
significance of the market portfolio. 27p.
41 Athanasoulis, Stefano G & van Wincoop, Eric. Growth
uncertainty and risksharing. 42p.
42 Pingle, Mark & Tesfatsion, Leigh. Active intermediation in
overlapping generations economies with production and
unsecured debt. 38p.
BANCA DE ITALIA. Research Department.
284 Guiso, Luigi & Jappelli, Tullio. Background uncertainty and
the demand for insurance against insurable risks. 43p.
281 Kurz, Mordecai & Schneider, Martin. Coordination and
correlation in Markov rational belief equilibria. 62p.
282 Kurz, Mordecai & Beltratti, Andrea. The equity premium is
no puzzle. 58p.
280 Rajan, Raghuram G. Why banks have a future: an economic
rationale. 34p.
285 Townsend, Robert. Micro enterprises and macro policy. 66p.
289 Guiso, Luigi & Parigi, Giuseppe. Investment and demand
uncertainty. 62p.
290 Daveri, Francesco & Faini, Riccardo. Where do migrants go?:
risk-aversion, mobility costs and the locational choice of
migrants. 32p.
292 Drudi, Francesco & Giordano, Raffaela. Wage indexation
bargaining and inflation. 47p.
306 Buttiglione, L., Del Giovane, P. & Tristani, O. Monetary
policy actions and the term structure of interest rates: a
cross country analysis. 58p.
305 Buttiglione, L., Del Giovane, P. & Gaiotti, E. The role of
the different central bank rates in the transmission of
monetary policy. 49p.
299 Letterie, Wilko & Lippi, Francesco. Excessive activism or
passivism of monetary policy?. 34p.
297 Miniaci, Raffaele & Weber, Guglielmo. The Italian recession
of 1993: aggregate implications of microeconomic evidence.
34p.
298 Rustichini, A., Ichino, A. & Checchi, D. More equal but
less mobile?: education financing and intergenerational
mobility in Italy and in the U.S. 47p.
303 Scalia, Antonio. Bidder profitability under uniform price
auctions and systematic reopenings: the case of Italian
Treasury bonds. 57p.
PAGE 55
307 Sen, Amartya. The penalties of unemployment. 32p.
312 Cottarelli, Carlo & Giannini, Curzio. Credibility without
rules?: monetary frameworks in the post-Bretton Woods era.
100p.
313 Cubadda, Gianluca & Sabbatini, Roberto. The seasonality of
the Italian cost of living index. 48p.
309 Fabiani, Silvia. The effects of technology shocks on output
fluctuations: an impluse response analysis for the G7
countries. 59p.
310 Gaiotti, E, Gavosto, A. & Grande, G. Inflation and monetary
policy in Italy: some recent evidence. 46p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
378 Hamilton, Bruce & Kahn, Peter. Baltimore's Camden Yards
ballparks. 50p.
375 Jaffray, Jean-Yves & Karni, Edi. Elicitation of subjective
probabilities when the initial endowment is unobservable.
17p.
376 Karni, Edi. Impartiality and interpersonal comparisons of
ordinal well-being. 24p.
377 Khan, M. Ali & Sun, Yeneng. The capital-asset-pricing model
and arbitrage pricing theory: a unification. 10p.
380 Blomberg, S. Brock & Harrington, Joseph E. A theory of
rigid extremists and flexible moderates with an empirical
application to the U.S. Congress. 28p.
379 Fitzgerald, John, Gottschalk, Peter & Moffitt, Robert. An
analysis of sample attrition in panel data: the Michigan
Panel Study of Income Dynamics. 88p.
382 Khan, M. Ali & Sun, Yeneng. Non-cooperative games with many
players. 48p.
383 Khan, M. Ali & Sun, Yeneng. On the decomposition and
characterization of risk with a continuum of random
variables. 12p.
381 Khan, M. Ali, Rath, Kali P. & Sun, Yeneng. On the existence
of pure strategy equilibria in games with a continuum of
players. 35p.
387 Carroll, Christopher D., Overland, Judy & Weil, David N.
Comparison utility in a growth model. 41p.
386 Carroll, Christopher D. & Dunn, Wendy E. Unemployment
expectations, jumping (S,s) triggers, and household balance
sheets. 52p.
384 Karni, Edi & Safra, Zvi. Hexagon condition and additive
representation of preferences: an algebraic approach. 7p.
385 Rajan, Ashvin V. A note on incomplete markets. 5p.
388 Carroll, Christopher D. Why do the rich save so much?.
32p.
389 Karni, Edi & Safra, Zvi. An extension of a theorem of Von
Neumann and Morgenstern with application to social choice
theory. 13p.
390 Carroll, Christopher D. Death to the log-linearized
consumption Euler equation! (and very poor health to the
second-order approximation). 35p.
391 Humphreys, Brad R., Maccini, Louis J. & Schuh, Scott. Input
and output inventories. 49p.
PAGE 56
392 Rauh, Michael T. A model of temporary search market
equilibrium. 35p.
UNIVERSITY OF KANSAS. Department of Economics.
97-1 Lee, Jaewoo & Shin, Kwanho. The role of a variable input in
the relationship between investment and uncertainty. 34p.
97-2 Cho, Byung Sun & Shin, Kwanho. Intra-industry wage
differences over the business cycle. 11p.
97-3 Hess, Gregory D. & Shin, Kwanho. International and
intranational business cycles. 29p.
97-4 Hess, Gregory D. & Shin, Kwanho. Risk sharing by households
within and across regions and industries. 31p.
LA TROBE UNIVERSITY. Department of Economics.
9609 Choe, Chongwoo & Moosa, Imad A. Demand for oil by
developing countries. 20p.
9608 Choe, Chongwoo & Moosa, Imad A. Financial system and
economic growth: the Korean experience. 38p.
9610 Herath, Gamini. Ecotourism, nature conservation and
research methodologies for planning. 29p.
9614 Howard, M.C. & King, J.E. Where Marx was right. 50p.
9612 Yin, Xiangkang. Foreign direct investment and industrial
structure in developing countries. 21p.
9611 Yin, Xiangkang. Research joint venture and market
concentration. 11p.
9613 Yin, Xiangkang. Technology strategy and product diversity.
19p.
9619 Ananda, Jayanath, Herath, Gamini & Chisholm, Anthony. An
economic analysis of the on-site cost of soil erosion in tea
smallholdings in Sri Lanka. 27p.
9621 Athukorala, Prema-Chandra & Jayasuriya, Sisira. Trade
policy and industrial growth: Sri Lanka. 42p.
9618 Herath, Gemini. Agrochemical use and the environment in
Australia: a resource economics perspective. 32p.
9615 Hewitson, Gillian. The body of economic theory: a feminist
poststructuralist investigation. 45p.
9616 Hewitson, Gillian. The market for surrogate motherhood
contracts. 35p.
9617 Hewitson, Gillian. The post-Keynesian `demand for credit'
model. 31p.
9704 McCormack, D.J. & Rimmer, R.J. Remunerated effort, and the
dynamics of human resource management. 28p.
9620 Silvapulle, Mervyn J., Silvapulle, Paramsothy & Basawa,
Ishwar V. On adaptive tests. 19p.
9705 King, J.E. From Giblin to Kalecki: the export multiplier
and the balance of payments constraint on economic growth,
1930-1933. 16p.
9702 King, J.E. & Rimmer, R.J. Pricing, finance and stagnation:
a model in the spirit of Kaldor, Kalecki and Keynes. 45p.
9706 Tourky, Rabee. The limit theorem on the core of a
production economy in vector lattices. 9p.
9703 Tourky, Rabee. A new approach to the limit theorem on the
core of an economy in vector lattices. 8p.
PAGE 57
9701 Tourky, Rabee. Production equilibria in locally proper
economies with unbounded and unordered consumers. 15p.
9708 Choe, Chongwoo & Fraser, Iain. Compliance monitoring and
agri-environmental policy. 27p.
9711 Choe, Chongwoo & Fraser, Iain. An economic analysis of
household waste management. 33p.
9709 Choe, Chongwoo & Shekhar, Chander. Interindustry takeover,
economies of scope, and takeover premia. 18p.
9710 Choe, Chongwoo & Moosa, Imad A. Modelling addictive
consumption: some theoretical and econometric issues. 9p.
9707 King, J.E. Critical notes on labour market deregulation.
17p.
9712 Wilson, Stuart. The determinants of inter-state migration
in Australia. 28p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9622 Irmen, Andreas. Mark-up pricing and bilateral monopoly.
11p.
9621 Danthine, Jean-Pierre & Donaldson, John B. Non-falsified
expectations, general equilibrium asset pricing and the Peso
problem. 34p.
9620 Lamo, Ana R. Unemployment in Europe and regional labour
fluctuations. 36p.
9619 Bolton, Patrick & Von Thadden, Ernst-Ludwig. Blocks,
liquidity and corporate control. 30p.
9618 Danthine, Jean-Pierre & Moresi, Serge. Front-running by
mutual fund managers: it ain't that bad. 32p.
9623 Abul Naga, Ramses H. Family background, intergenerational
mobility, and earnings distribution: evidence from the
United States. 22p.
9625 Motta, Massimo, Thisse, Jacques-Francois & Cabrales,
Antonio. On the persistence of leadership or leapfrogging
in international trade. 24p.
9626 Siotis, George. Foreign direct investment strategies and
firms' capabilities. 31p.
9704 Mangano, Gabriel. Measuring central bank independence: a
table of subjectivity and of its consequences. 32p.
9706 Abul Naga, Ramses. Parents and children: changes in income
distribution and the inheritance of economic status. 32p.
9705 Abul Naga, Ramses & Burgess, Robin. Prediction and
determination of household permanent income. 35p.
9707 Bacchetta, Philippe & Gerlach, Stefan. Consumption and
credit constraints: international evidence. 49p.
9712 Bolton, Patrick & von Thadden, Ernst-Ludwig. Liquidity and
control: a dynamic theory of corporate ownership structure.
44p.
9710 Danthine, Jean-Pierre. In search of a successor to IS-LM.
23p.
9711 Danthine, Jean-Pierre, Donaldson, John B. & Johnsen, Thore.
Productivity growth, consumer confidence and the business
cycle. 43p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
246 Bulkley, George, Snell, Andy & Tonks, Ian. Excessive stock
price dispersion: a regression test of cross-sectional
volatility. 33p.
PAGE 58
244 Evans, Martin D.D. Index-linked debt and the real term
structure: new estimates and implications from the U.K. bond
market. 50p.
251 Faure-Grimaud, Antoine. Soft budget constraint and stock
price information. 39p.
245 Gregory, Alan, Matatko, John & Tonks, Ian. Detecting
information from directors' trades: signal definition and
variable size effects. 46p.
243 Pagano, Marco & Roell, Ailsa. The choice of stock ownership
structure: agency costs, monitoring, and the decision to go
public. 37p.
253 Robinson, Peter M. & Zaffaroni, Paolo. Nonlinear time
series with long memory: a model for stochastic volatility.
19p.
252 Schuster, Josef A. Underpricing and crises: IPO performance
in Germany. 27p.
258 Almeida, Alvaro, Goodhart, Charles & Payne, Richard. The
effects of macroeconomic `news' on high frequency exchange
rate behavior. 41p.
255 Brunnermeier, Markus K. On bounded rationality and risk
aversion. 21p.
256 Burkhart, Mike. Economics of takeover regulation. 41p.
261 Faure-Grimaud, Antoine. Product market competition and
optimal debt contracts: the limited liability effect
revisited. 16p.
257 Fiorentini, Gabriele & Sentana, Enrique. Conditional means
of time series processes and time series processes for
conditional means. 39p.
262 Hart, Oliver & Moore, John. Default and renegotiation: a
dynamic model of debt. 56p.
254 Hart, Oliver, et al. A new bankruptcy procedure that uses
multiple auctions. 18p.
260 Huang, Haizhou & Suarez, Javier. Capital budgeting and
stock option plans. 28p.
259 Vitale, Paolo. Sterilized central bank intervention in the
foreign exchange market. 41p.
263 de Meza, David & Webb, David. Precautionary behaviour,
adverse selection and excessive insurance. 18p.
265 Hartmann, Philipp. Do Reuters spreads reflect currencies'
differences in global trading activity?. 37p.
264 Henry, Marc & Payne, Richard. An investigation of long
range dependence in intra-day foreign exchange rate
volatility. 28p.
266 de Garidel, Thomas. Pareto-improving asymmetric information
in a dynamic insurance market. 26p.
267 Leon, Angel & Sentana, Enrique. Pricing options on assets
with predictable white noise returns. 21p.
268 Marin, Jose M. & Rahi, Rohit. Speculative securities. 20p.
271 Brown, Ward. R & D intensity and finance: are innovative
firms financially constrained?. 29p.
270 Brunnermeier, Markus K. Prices, price processes, volume and
their information: a literature survey. 80p.
269 Nier, Erlend. Optimal managerial remuneration and
firm-level diversification. 44p.
PAGE 59
272 Schonbucher, Philipp J. Term structure modelling of
defaultable bonds. 37p.
274 Sabani, Laura. Sustainability of capital ratios and
regulator reputation: discretionary vs. binding legislation.
40p.
275 Eijffinger, Sylvester C.W., Huizinga, Harry P. & Lemmen, Jan
J.G. Short-term and long-term government debt and
non-resident interest withholding taxes. 28p.
276 Board, John, Sutcliffe, Charles M.S. & Vila, Anne. Market
maker performance: the search for fair weather market
makers. 27p.
277 Board, John, Sandmann, Gleb & Sutcliffe, Charles M.S. The
effect of contemporaneous futures market volume on spot
market volatility. 30p.
278 Luttmer, Erzo G.J. What level of fixed costs can reconcile
asset returns and consumption choices?. 31p.
279 Dessi, Roberta. Implicit contracts, managerial incentives
and financial structure. 35p.
273 Danielsson, Jon & de Vries, Casper G. Value-at-risk and
extreme returns. 33p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
313 Anderlini, Luca & Felli, Leonardo. Costly contingent
contracts. 64p.
315 Eeckhout, Jan. Bilateral search and vertical heterogeneity.
27p.
314 Felli, Leonardo & Villas-Boas, J. Miguel. "Friendships" in
vertical relations. 24p.
312 Hart, Oliver, et al. A new bankruptcy procedure that uses
multiple auctions. 18p.
321 Hart, Oliver & Moore, John. Default and renegotiation: a
dynamic model of debt. 57p.
331 Maskin, Eric, Qian, Yingyi & Xu, Chenggang. Incentives,
scale economies, and organizational form. 38p.
333 Keller, Godfrey & Rady, Sven. Optimal expermentation in a
changing environment. 57p.
335 Besley, Timothy & Coate, Stephen. Analyzing the case for
government intervention in a representative democracy. 68p.
334 Besley, Timothy & Coate, Stephen. Lobbying and welfare in a
representative democracy. 86p.
339 Grant, Simon, Kajii, Atsushi & Polak, Ben. Weakening the
sure-thing principle: decomposable choice under uncertainty.
27p.
337 Moselle, Boaz & Polak, Ben. A model of predatory state.
43p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
18/96 Atkins, Fiona. Global security and inequality. 22p.
22/96 Bianchi, Marco & Zoega, Gylfi. How quickly do British
regions recover?. 31p.
20/96 Bianchi, Marco & Zoega, Gylfi. A nonparametric analysis of
regional unemployment dynamics in Britain. 20p.
PAGE 60
25/96 Coe, David T. & Snower, Dennis J. Policy complementarities:
the case for fundamental labor market reform. 43p.
19/96 Karanasos, M. Some new results on GARCH: exact formulas for
the 2nd moments of the squared errors. 50p.
23/96 Karanassou, Marika & Snower, Dennis J. Is the natural rate
a reference point?. 11p.
24/96 Lindbeck, Assar & Snower, Dennis J. Centralized bargaining,
multi-tasking, and work incentives. 41p.
21/96 Phelps, Edmund & Zoega, Gylfi. The incidence of increased
unemployment in the Group of Seven, 1970-1994. 35p.
17/96 Wall, Howard J. Voting with your feet in the United
Kingdom. 27p.
1/97 Bianchi, Marco, Orszag, J. Michael & Steeley, Jim.
Semi-parametric modelling of the term structure. 18p.
2/97 Orszag, J. Michael & Snower, Dennis J. Youth unemployment
and government policy. 17p.
3/97 Psaradakis, Zacharias & Sola, Martin. On low frequency
filtering and symmetry testing. 6p.
10/97 Booth, Alison, Chen, Yu-Fu & Zoega, Gylfi. Hiring and
firing: a tale of two thresholds. 12p.
13/97 Coakley, Jerry & Fuertes, Ana Maria. New test of the
exchange rate interest differential relation in an OECD
panel. 30p.
11/97 Coakley, Jerry & Fuertes, Ana Maria. Short run PPP dynamics
in a VEC framework. 33p.
15/97 Georgellis, Yannis & Wall, Howard J. Why does
self-employment differ across regions?: evidence from
Britain. 18p.
12/97 Orszag, J. Michael & Snower, Dennis J. Expanding the
welfare system: a proposal for reform. 22p.
14/97 Wall, Howard J. & Zoega, Gylfi. The British Beveridge
Curve: a tale of ten regions. 27p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Inst. for Financial Research.
29 Dow, James & Rahi, Rohit. Informed trading, investment, and
welfare. 22p.
28 Hutton, John P. & Kenc, Turalay. Tax policy and financial
structure. 32p.
25 Kenc, Turalay & Perraudin, William. Demography, pensions
and welfare: fertility shocks and the Finnish economy. 51p.
26 Lambrecht, Bart & Perraudin, William. Real options and
preemption. 37p.
27 Sibert, Anne & Ha, Jiming. Portfolio substitution and
exchange rate volatility. 28p.
31 Daripa, Arupratan. Quantities rather than prices: market
allocation, informational free-rides, and the value of
inside information. 45p.
32 Flood, Robert, Perraudin, William & Vitale, Paolo. Reserve
and exchange rate cycles. 37p.
30 Sibert, Anne. Monetary integration and economic
convergence. 23p.
35 Bagci, Pinar & Perraudin, William. The impact of IMF
programmes. 33p.
PAGE 61
33 Blake, David & Timmermann, Allan. The birth and death
process of mutual funds. 42p.
34 El-Jahel, Lina & Perraudin, William. House price
predictability. 20p.
40 Buiter, Willem H. & Sibert, Anne C. Transition issues for
the European Monetary Union. 26p.
42 Christodoulakis, George C. & Satchell, Stephen E. Hashing
GARCH: a re-assessment of volatility forecasting
performance. 38p.
39 Dacco, Roberto & Satchell, Stephen. A data matrix to
investigate independence, overreaction and/or shock
persistence in financial data. 37p.
43 Kenc, Turalay, Perraudin, William & Vitale, Paolo.
Inflation and sovereign default. 26p.
45 Knight, John & Satchell, Stephen. Further results on
Bayesian inference in asset pricing tests. 14p.
44 Knight, John & Satchell, Stephen. Pricing derivatives
written on assets with arbitrary skewness and kurtosis.
21p.
41 Sibert, Anne C. & Sutherland, Alan. Monetary regimes and
labour market reform. 22p.
UNIVERSITY COLLEGE LONDON. Department of Economics.
9624 Armendariz De Aghion, Beatriz & Gollier, Christian. Peer
grouping in an adverse selection model. 30p.
9625 Banks, James, Blundell, Richard & Tanner, Sarah. Is there a
retirement-savings puzzle?. 29p.
9626 Chick, Victoria. Two essays on equilibrium: Equilibrium and
`determination' in open systems AND A struggle to escape:
equilibrium in. 17p.
9623 Hurkens, Sjaak & Vulkan, Nir. Information acquisition and
entry. 17p.
9627 Kollmann, Robert. The exchange rate in a dynamic optimizing
current account model with nominal rigidities: a
quantitative investigati. 52p.
9628 Santos-Silva, Joao. A score test for non-nested hypotheses
with applicatoins to discrete data models. 25p.
9703 Banks, James, Blundell, Richard & Brugiavini, Agar. Risk
pooling, precautionary saving and consumption growth. 28p.
9701 Blundell, Richard & Robin, Jean-Marc. Estimation in large
and disaggregated demand systems: an estimator for
conditionally linear systems. 25p.
9707 Blundell, Richard & Bond, Stephen. Initial conditions and
moment restrictions in dynamic panel data models. 40p.
9706 Cottica, Alberto, De Propris, Lisa & Ponti, Giovanni.
Friends do matter: strategic uncertainty and vertical
contractual relations. 15p.
9704 Ponti, Giovanni & Seymour, Robert M. Conventions and social
mobility in bargaining situations. 61p.
9702 Thomas, Jonathan M. Ethnic variation in commuting
propensity and unemployment spells. 19p.
9705 Vulkan, Nir. Cooperation and the observability of
information gathering. 10p.
PAGE 62
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9645 Anderson, Simon P. & Thisse, Jacques-Francois.
Privatization and efficiency in a differentiated industry.
27p.
9627 Bauwens, Luc & Lubrano, Michel. Bayesian inference on GARCH
models using the Gibbs sampler. 24p.
9649 Bortolotti, Bernardo. Trials and errors: plea bargaining as
a learning device. 17p.
9632 Boucekkine, Raouf, Germain, Marc & Licandro, Omar. General
equilibrium vintage capital growth models displaying
periodic solutions: a theoretical example. 14p.
9647 Brockmuller, Beate, Gunluk, Oktay & Wolsey, Laurence A.
Designing private line networks: polyhedral analysis and
computation. 27p.
9644 Chen, Hsiao-Chi, Friedman, James W. & Thisse,
Jacques-Francois. Boundedly rational Nash equilibrium: a
probabilistic choice approach. 21p.
9635 De Meyer, Bernard. The maximal variation of a bounded
martingale and the central limit theorem. 7p.
9646 Evstigneev, Igor V., Hildenbrand, Werner & Jerison, Michael.
Metonymy and cross section demand. 17p.
9629 Heifetz, Aviad & Minelli, Enrico. Informational smallness
in rational expectations equilibria. 29p.
9628 Jouneau, Frederic. Disapprobation between Bayesian
inferences: definition and examples. 30p.
9639 Kneip, Alois, Park, Byeong U. & Simar, Leopold. A note on
the convergence of nonparametric data envelopment analysis
efficiency measures. 11p.
9633 Koutsougeras, Leonidas C. On an Edgeworth characterization
of rational expectations equilibria in atomless asset market
economies. 9p.
9625 Lopez, Salvador, Marchand, Maurice & Pestieau, Pierre. A
simple two-country model of distributive capital income
taxation. 21p.
9583 Minelli, Enrico & Polemarchakis, Heracles. Information at a
competitive equilibrium. 16p.
9626 Mongin, Philippe. The paradox of the Bayesian experts and
state-dependent utility theory. 36p.
9637 Nesterov, Yurii, Todd, Michael J. & Ye, Ping-Yuan.
Primal-dual methods and infeasibility detectors for
nonlinear programming problems. 41p.
9638 Park, Byeong U., Sickles, Robin C. & Simar, Leopold.
Stochastic panel frontiers: a semiparametric approach. 34p.
9634 Perrez, Josef C. Strategic investment in technology and
unemployment. 18p.
9643 Samartin, Margarita. A model for financial intermediation
and public intervention. 55p.
9636 Triantis, Konstantinos & Vanden Eeckaut, Philippe. Fuzzy
pairwise dominance and implications for technical efficiency
performance assessment. 34p.
9648 van Garderen, Kees Jan. Exact geometry of autoregressive
models. 22p.
PAGE 63
9642 Vannetelbosch, Vincent J. N-person sequential bargaining
with endogenous procedure. 11p.
9641 Vannetelbosch, Vincent J. Rationalizability and equilbrium
in n-person sequential bargaining. 24p.
9630 Van Ypersele, Tanguy. Voting on tariff and retaliation.
24p.
9631 Weyers, Sonia. Uncertainty and insurance in strategic
market games. 34p.
9640 Wunsch, Pierre. Estimating menus of linear contracts for
mass transit firms (in the spirit of Laffont and Tirole).
28p.
9727 Amir, Rabah & Wooders, John. One-way spillovers, endogenous
innovator/imitator roles and research joint ventures. 36p.
9730 Andersen, Erling D. & Andersen, Knud D. The APOS linear
programming solver: an implementation of the homogeneous
algorithm. 34p.
9729 Anstreicher, Kurt M., et al. Using continuous nonlinear
relations to solve constrained maximum-entropy sampling
problems. 26p.
9716 Bauwens, Luc & Giot, Pierre. A Gibbs sampling approach to
cointegration. 25p.
9657 Belan, Pascal, Michel, Philippe & Pestieau, Pierre. Pareto
improving social security reform with endogenous growth.
7p.
9651 Boccard, Nicholas, Van Ypersele, Tanguy & Wunsch, Pierre.
Comparative advantage, redistribution and the political
process. 21p.
9721 Broze, Laurence & Jouneau, Frederic. Estimation of a latent
linear model based on the rank statistics of the dependent
variable. 14p.
9665 Brueckner, Jan K., Thisse, Jacques-Francois & Zenou, Yves.
Why is central Paris rich and downtown Detroit poor?: an
amenity-based theory. 11p.
9703 Bucovetsky, Sam, Marchand, Maurice & Pestieau, Pierre. Tax
competition and revelation of preferences for public
expenditure. 22p.
9653 Cremer, Helmuth & Pestieau, Pierre. Income redistribution
in an economic union: the trade-off between inter- and
intranational redistribution. 13p.
9661 Cremer, Helmuth & Pestieau, Pierre. Social insurance and
labor mobility: a political economy approach. 18p.
9664 Currarini, Sergio. Ratio equilibria and voting in a public
goods economy with jurisdictions. 33p.
9715 De Meyer, Bernard. Brownian games: uniqueness and
regularity issues. 13p.
9714 De Meyer, Bernard. The dual bounds for the Brownian games.
9p.
9585 De Waegenaere, Anja, Polemarchakis, Heracles M. & Ventura,
Luigi. Asset markets and investment decisions. 23p.
9655 Dhillon, Amrita & Mertens, Jean-Francois. Relative
utilitarianism and improved axiomatisation. 23p.
9704 Fleurbaey, Marc & Michel, Philippe. Intertemporal equity
and the extension of the Ramsey criterion. 33p.
9718 Germain, Marc & Toint, Philippe L. An iterative process for
international negotiations on acid rain in northern Europe
using a general convex formulat. 22p.
PAGE 64
9701 Germain, Marc, Toint, Philippe & Tulkens, Henry. Financial
transfers to endure cooperative international optimality in
stock pollutant abatement. 18p.
9728 Ghatak, Maithreesh, Morelli, Massimo & Sjostrom, Tomas.
Moral hazard and overlapping generations with endogenous
occupational choice. 30p.
9580 Ghosal, Sayatan & Polemarchakis, Heracles. Nash-Walras
equilibria. 9p.
9731 Gjibels, Irene, et al. On estimation of monotone and
concave frontier functions. 19p.
9734 Ginsburgh, Victor. On the declining price anomaly in wine
auctions. 12p.
9710 Glazebrook, Kevin D. & Nino-Mora, Jose. Scheduling
multiclass queueing networks on parallel servers:
approximate and heavy traffic optimality of Klimov's r.
28p.
9732 Grilo, Isabel, Shy, Oz & Thisse, Jacques-Francois. Price
competition when consumer behavior is characterized by
conformity or vanity. 19p.
9666 Hamilton, Jonathan H. & Thisse, Jacques-Francois. Nonlinear
pricing in spatial oligopoly. 31p.
9722 Hamilton, Jonathan, Thisse, Jacques-Francois & Zenou, Yves.
Skill acquisition and wage competition with heterogeneous
workers and firms. 16p.
9702 Herings, Jean Jacques & Vannetelbosch, Vincent J.
Refinements of rationalizability for normal-form games.
26p.
9733 Jellal, Mohamed, Thisse, Jacques-Francois & Zenou, Yves.
Demand uncertainty, mismatch and (un)employment. 24p.
9667 Jouvet, Pierre Andre, Michel, Philippe & Pestieau, Pierre.
Altruism, voluntary contributions and neutrality: the case
of environmental quality. 13p.
9724 Justman, Moshe & Thisse, Jacques-Francois. Local public
funding of higher education when skilled labor is mobile.
24p.
9713 Kerstens, Kristiaan & Vanden Eeckhaut, Philippe. Estimating
returns to scale using nonparametric deterministic
technologies: a new method based on goodness-of-fit. 17p.
9712 Khan, M. Ali & Sun, Yeneng. On Loeb measure spaces and
their significance for non-cooperative game theory. 30p.
9711 Klinger Monteiro, Paulo & Page, Frank H. Optimal selling
mechanisms for multiproduct monopolists: incentive
compatibility in the presence of budget constrai. 23p.
9725 Lee, Jon. Orienting matroids representable over both GF[3]
amd GF[5]. 6p.
9720 Marchand, Hugues & Wolsey, Laurence A. The 0-1 knapsack
problem with a single continuous variable. 24p.
9736 Martini, Gian Maria & Rovesti, Cinzia. Antitrust policy and
price collusion: public agencies versus delegation?. 48p.
9650 Mertens, Jean-Francois. The limit-price mechanism. 36p.
9654 Michel, Philippe & Pestieau, Pierre. Optimal population
without repugnant aspects. 10p.
9663 Mongin, Philippe & d'Aspremont, Claude. Utility theory and
ethics. 118p.
PAGE 65
9735 Morelli, Massimo. Coalition formation and payoff
distribution in majority games. 31p.
9719 Nesterov, Yurii. Quality of semidefinite relaxation for
nonconvex quadratic optimization. 10p.
9659 Norman, George & Thisse, Jacques-Francois. Technology
choice and market structure: strategic aspects of flexible
manufacturing. 30p.
9662 Pedroso Ramos dos Santos, Joao P. Niche search and
evolutionary optimisation. 57p.
9709 Poddar, Sougata. Capacity and entry deterrence under
asymmetric information on demand. 18p.
9708 Poddar, Sougata. Capacity and entry deterrence under demand
uncertainty. 20p.
9584 Polemarchakis, Heracles M. & Salto, Matteo. Balance of
payments and determinacy. 11p.
9581 Polemarchakis, Heracles & Ventura, Luigi. The relevance of
extrinsic uncertainty. 13p.
9706 Shalev, Jonathan. Loss aversion and bargaining. 27p.
9723 Shalev, Jonathan. Loss aversion equlibrium. 21p.
9660 Simar, Leopold & Wilson, Paul W. Estimating and
bootstrapping Malmquist indices. 24p.
9726 Smeers, Yves & Wei, Jing-Yuan. Spatially oligopolistic
model with nodal opportunity cost pricing for transmission
capacity reservations. 13p.
9717 Smeers, Yves & Wei, Jing-Yuan. Spatially oilgopolistic
model with opportunity cost pricing for transmission
capacity reservations. 26p.
9707 Turrini, Alessandro. Human capital formation in an open
economy with increasing wage differentials. 29p.
9652 Turrini, Alessandro. Liberalization, quality and welfare:
removing the Italian VER on Japanese car exports. 22p.
9658 Wang, Yaoguang. Bicriteria job sequencing with release
dates. 10p.
9705 Wauthy, Xavier & Zenou, Yves. Compensating wage
differentials, worker's heterogeneity and imperfect
competition in the labor market. 15p.
9656 Weyers, Sonia. Common knowledge without differentiating
counterfactuals. 16p.
9737 Albano, Gian Luigi & Lizzeri, Alessandro. A monopolistic
market for certification. 23p.
9745 Anstreicher, Kurt M. Ellipsoidal approximations of convex
sets based on the volumetric barrier. 12p.
9746 Anstreicher, Kurt M. Linear programming in 0([n3/ln n]L)
operations. 11p.
9740 Anstreicher, Kurt M. Towards a practical volumetric cutting
plane method for convex programming. 19p.
9748 De Meyer, Bernard & Rosenberg, Dinah. "Cav u" and the dual
game. 10p.
9751 Dreze, Jacques H. Walras-Keynes equilibria coordination and
macroeconomics. 34p.
9754 Grazzini, Lisa & van Ypersele, Tanguay. Tax harmonisation
and political competition. 24p.
9750 Grilo, Isabel & Wauthy, Xavier. Competiting with
second-hand products when consumers differ in risk aversion.
23p.
PAGE 66
9747 Hardle, Wolfgang & Hafner, Christian. Discrete time option
pricing with flexible volatility estimation. 28p.
9753 Irmen, Andreas & Thisse, Jacques-Francois. Competition in
multi-characteristics spaces: Hotelling was almost right.
28p.
9741 Jouvet, Pierre-Andre, Michel, Philippe & Vidal, Jean-Pierre.
Intergenerational altruism and the environment. 23p.
9738 Khan, M. Ali & Sun, Yeneng. On the decomposition and
characterization of risk. 11p.
9742 Klinger Monteiro, Paulo. Optimal all-pay auction when
signals are correlated. 7p.
9743 Klinger Monteiro, Paulo & Pascoa, Mario R. Discreteness of
equilibria in incomplete markets with a continuum of states.
7p.
9744 Nesterov, Yurii. Semidefinite relaxation and nonconvex
quadratic optimization. 12p.
9749 Nesterov, Yurii. Structure of non-negative polynomials and
optimization problems. 13p.
9739 Smeers, Yves & Wei, Jing-Yuan. Competition in both quantity
and quality: spatial competition models with regulated
transportation prices. 27p.
9752 Tulkens, Henry. Cooperation vs. free riding in
international environmental affairs: two approaches. 19p.
9759 Bauwens, Luc & Lubrano, Michel. Bayesian option pricing
using asymmetric GARCH. 19p.
9770 Boadway, Robin, Marchand, Maurice & Pestieau, Pierre.
Redistribution with unobservable bequests: a case for taxing
capital income. 13p.
9769 Bosi, Stefano & Magris, Francesco. Endogenous business
cycles: capital-labor substitution and liquidity constraint
with increasing returns to scale. 46p.
9766 Codognato, Giulio. Cournot-Nash equilibria in limit
exchange economies with complete markets: a comparison
between two models. 13p.
9763 d'Aspremont, Claude & Mongin, Philippe. A welfarist version
of Harsanyi's aggregation theorem. 16p.
9755 Gabszewicz, Jean J. & Turrini, Alessandro. Workers' skills,
product quality and industry equilibrium. 31p.
9764 Glazebrook, Kevin & Nino Mora, Jose. A linear programming
approach to stability, optimization and performance analysis
for Markovian multiclass... 15p.
9758 Hara, Chiaki. The coordinating role of a redundant security
in frictional markets. 25p.
9757 Hara, Chiaki. Robustness of the coordinating role of a
redundant security. 27p.
9767 Nesterov, Yurii & Vial, Jean-Philippe. Homogeneous analytic
center cutting plane methods for convex problems and
variational inequalities. 23p.
9765 Pedroso, Joao Pedro. Niche search: an application to the
Manhattan newspaper problem. 18p.
9762 Simar, Leopold & Wilson, Paul W. Some problem with the
Ferrier/Hirschberg bootstrap idea. 20p.
9761 Smeers, Yves. Computable equilibrium models and the
restructuring of the European electricity and gas markets.
29p.
PAGE 67
9760 Smeers, Yves & Wei, Jing-Yuan. Do we need a power exchange
if there are enough power marketers?. 29p.
9756 Turrini, Alessandro. Vertically differentiated goods and
labour markets: a note on quality, quantity and welfare.
8p.
9768 van Garderen, Kees Jan. Exact geometry of explosive
autoregressive models. 32p.
MACQUARIE UNIVERSITY. Department of Economics.
12/96 Horne, Jocelyn. External sustainability: the Mexican peso
crisis. 22p.
14/96 Jones, Glenn & Savage, Elizabeth. Australian female labour
supply: sensitivity to empirical approaches. 23p.
15/96 O'Donnell, Rod. John Maynard Keynes: yesterday, today and
tomorrow. 15p.
13/96 Oslington, Paul. On the economic effects of immigration.
15p.
2/97 Korkofingas, Con. A restricted Heckman estimator for the
Tobit model. 22p.
3/97 Nahm, Daehoon. A duality theorem for the forms of cost
function and distance function. 30p.
1/97 Walters, David & Korkofingas, Con. Strategic marketing
decisions and cost structure implications. 31p.
6/96 Basu, Santonu. The conceptual difference between incomplete
information and asymmetric information: a study of business
behavior i. 37p.
11/96 Freedman, Craig. Do economic journals obey economic
prescriptions?: the case of academic referees. 29p.
10/96 Heaton, Christopher & Throsby, David. Benefit-cost analysis
of foreign student flows from developing countries: the case
of postgraduate education. 19p.
7/96 Horne, Jocelyn & Huang, Yiping. Economic integration of
Eastern Europe and its implications for East Asia. 33p.
5/97 Lancaster, Geoff. The notion of corporate leanness as the
basis for added benefit to customers. 16p.
9/96 Turnell, Sean. Commonwealth and cheap money, Australian
economists at Ottawa. 23p.
4/97 Walters, David. Developing and implementing value based
competitive strategy. 25p.
8/96 Walters, David & Laffy, Dominic. Productivity and
profitability in retailing: a model for planning and
control. 23p.
7/97 MacMillan, Craig. Transfer of training and labour market
change. 15p.
6/97 Oslington, Paul. An Australian model: nontraded goods, real
exchange rates and unemployment. 28p.
10/97 Freedman, Craig. The invisible Mr. Keynes: empirical versus
theoretical arguments. 14p.
8/97 Oslington, Paul. Hiring and firing costs, trade and
unemployment: a general equilibrium analysis. 39p.
9/97 Vicary, Alison. Individual contract in the Australian
labour market: economic arguments for collective
institutions. 10p.
PAGE 68
11/97 Walters, David. Value based management and operational
implementation: some considerations for operations
management. 26p.
14/97 Lombard, Marc. Unemployment and European integration. 22p.
13/97 O'Donnell, Rod. Mixed goods and social reform. 14p.
16/97 Walters, David. The implications of shareholder value
planning and management for logistics decision making. 17p.
12/97 Walters, David & Hanrahan, Jack. Value based planning and
operational implementation: considerations for retailing
strategy. 30p.
18/97 Horne, Jocelyn. Fiscal issues in European transition
economies. 24p.
15/97 Schraner, Ingrid. The Vietnamese transition: a glimpse at
the reality of a state farm and some theoretical
consequences. 26p.
17/97 Walters, David. Differentiation and value strategy: issues
for the marketing/operations management interface. 22p.
UNIVERSITY OF MARYLAND. Center for International Economics.
27 Calvo, Guillermo A. Why is `the market' so unforgiving?:
reflections on Tequilazo. 37p.
28 Guidotti, Pablo E. Debt, monetary, and banking policy in
emerging markets: reflections from the `tequila' effect.
43p.
29 Panagariya, Arvind, Shah, Shekhar & Mishra, Deepak. Demand
elasticities in international trade: are they really low?.
48p.
30 Panagariya, Arvind. The uniform tariff issue: academic
versus policy economists. 15p.
31 Krishna, Pravin & Panagariya, Arvind. A unification of the
theory of second best. 42p.
33 Bhagwati, Jagdish, Greenaway, David & Panagariya, Arvind.
Trading preferentially: theory and policy. 33p.
36 Kaminsky, Graciela, Lizondo, Saul & Reinhart, Carmen M.
Leading indicators of currency crises. 43p.
32 Panagariya, Arvind & Krishna, Pravin. On the existence of
necessarily welfare-enhancing free trade areas. 19p.
34 Reinhart, Carmen M. & Smith, R. Todd. Temporary capital
controls. 32p.
35 Reinhart, Carmen M. & Talvi, Ernesto. Capital flows and
saving in Latin America and Asia: a reinterpretation. 32p.
UNIVERSITY OF MARYLAND. Department of Economics.
9701 Betancourt, Roger & Gleason, Suzanne. Political
participation, well-being and the provision of public goods
to poor households: evidence from India. 33p.
9609 Perli, Roberto & Sakellaris, Plutarchos. Human capital
formation and business cycle persistence. 29p.
9703 Ausubel, Lawrence M., et al. Synergies in wireless
telephony: evidence from the broadband PCS (personal
communications services) auctions. 26p.
9704 Cramton, Peter. The FCC spectrum auctions: an early
assessment. 51p.
PAGE 69
9702 Wallis, John J. & Oates, Wallace E. The impact of the New
Deal on American federalism. 46p.
9707 Anderson, James & Betancourt, Roger. The distribution
sector and the development process: are there patterns?.
38p.
9706 Ausubel, Lawrence M. An efficient ascending-bid auction for
multiple objects. 40p.
9705 Binder, Michael & Pesaran, M. Hashem. Solution of
multivariate linear rational expectations models and large
sparse linear systems. 14p.
9708 Oates, Wallace E. Environmental policy in the European
Community: harmonization or national standards?. 27p.
9709 Binder, Michael & Pesaran, M. Hashem. Optimal consumption
decisions under social interactions. 28p.
UNIVERSITY OF MELBOURNE. Department of Economics.
540 Creedy, John, Johnson, David & Baker, Meredith. The costs
of overseas students in Australia. 21p.
541 Fung, Justin. Research and development expenditure: an
examination of the determinants for Australian public
enterprises. 24p.
542 McDonald, James T. & Worswick, Christopher. Macroeconomic
conditions and the earnings assimilation of immigrants.
30p.
539 Zhang, Xiao-guang. A dynamic computable general equilibrium
model of the Chinese economy. 43p.
546 Creedy, John & Alvarado, Jose. Social expenditure
projections: a stochastic approach. 23p.
545 Creedy, John, McKenzie, Kirsty E. & van de Ven, Justin. The
demand for water by single and group-metered households.
14p.
543 Crosby, Mark & Olekalns, Nilss. Inflation, unemployment and
the NAIRU in Australia. 13p.
544 Sherstyuk, Katerina. Multisided matching games. 24p.
550 Bardsley, Peter. Multiple action agency: an application to
the management of scientific research. 13p.
549 Bardsley, Peter. The optimal management of research
portfolios. 16p.
548 Bardsley, Peter. Tax compliance games with imperfect
auditing. 19p.
547 Martin, Vance L. & Wilkins, Nigel P. Indirect estimation of
ARFIMA and VARFIMA models. 38p.
552 Sherstyuk, Katerina. Efficiency in partnership structures.
18p.
553 Thomson, James D.C. Approximate solution methods for real
business cycle models. 38p.
551 Wilkins, Nigel P. Parametric and nonparametric augmented
Geweke and Porter-Hudak estimation. 25p.
560 Cameron, Lisa. Learning and the adoption of high yielding
variety seeds: panel data versus cross-sectional data. 29p.
557 Creedy, John. The distributional effects of indirect tax
reform and inflation in New Zealand. 28p.
556 Creedy, John. Income taxation and the accounting period: a
simulation analysis. 35p.
PAGE 70
555 Creedy, John. Inequality, mobility, and income distribution
comparisons. 13p.
558 Lloyd, P.J. Competition policy in APEC: principles of
harmonisation. 27p.
559 Sherstyuk, Katerina. Multiproduct team assignments. 30p.
554 Williams, Ross. Unpaid work in the household: who does what
and why?. 23p.
561 Cameron, Lisa, Dowling, J. Malcolm & Worswick, Christopher.
Education and labour market participation of women in Asia:
theory and evidence. 36p.
562 Cashin, Paul & Strappazzon, Loris. Disparities in
Australian regional incomes: are they widening or
narrowing?. 34p.
568 Creedy, John. Marginal indirect tax reform in Australia.
17p.
569 Creedy, John & Van de Ven, Justin. Retirement income:
private savings versus social transfers. 18p.
565 Hyde, Charles E. The rural adjustment scheme: an economic
analysis. 21p.
564 Olekalns, Nilss. Has financial deregulation revived the
permanent income/life cycle hypothesis?. 26p.
563 Sherstyuk, Katerina. Using reputation costs in non-repeated
incentive contracts. 6p.
566 Zhang, Xiao-guang. Comparative advantage in China's
agriculture: an empirical analysis. 32p.
567 Zhang, Xiao-guang. A dynamic computable general equilibrium
model of the Chinese economy. 47p.
570 Alden, Dave M. Industrial hemp's double dividence: a study
for Australia. 26p.
571 Borland, Jeff, Hirschberg, Joe & Lye, Jenny. Computer
knowledge and earnings: evidence for Australia. 40p.
580 Alden, Dave M. & Saleeba, Joanne. Environmental performance
and share price: an empirical study for Australian
industrial corporations. 30p.
582 Austen, Siobhan. Culture and the labour market. 26p.
574 Cameron, Lisa. Income inequality in Java: relating the
increases to the changing age, educational and industrial
structure. 36p.
576 Creedy, John & Dixon, Robert. The distributional effects of
monopoly. 26p.
581 Dixon, Robert & Thomson, Jim. Unemployment rate dynamics.
7p.
572 Sherstyuk, Katerina. Team selection with asymmetric agents.
45p.
573 Sutiprapa, Jarunun, et al. The relationship between
development and income equality: an empirical analysis.
32p.
575 van de Ven, Justin W. The effects of inflation on
inequality and social welfare in Australia: international
comparisons. 28p.
583 Austen, Siobhan. Social norms and minimum wages. 27p.
586 Bakker, Alexander. Spiked distribution fitting: UK/US daily
spot FX returns. 27p.
584 Cameron, Lisa & Worswick, Christopher. Labour supply and
education expenditure responses to crop loss in Indonesia.
32p.
PAGE 71
585 Cashin, Paul & McDermott, C. John. `Riding the sheep's
back': examining Australia's dependence on wool exports.
37p.
592 Cason, Timothy N. & Gangadharan, Lata. An experimental
study of electronic bulletin board trading for emission
permits. 38p.
577 Creedy, John. Evaluating income tax changes and the choice
of income measure. 24p.
587 Creedy, John. Measuring welfare changes and the excess
burden of taxation. 72p.
578 Dixon, Robert. Estimates of the cost of monopoly using the
IBIS database. 17p.
591 Gangadharan, Lata. Transactions costs in tradeable
emissions markets: an empirical study of the regional clean
air incentives market i. 43p.
579 Stemp, Peter J. The government's discount rate: choices and
consequences in a dynamic framework. 30p.
595 Dixon, Robert. Conditional probabilities and other measures
based on gross flows data for Australian males. 20p.
594 Dowling, Malcolm & Summers, Peter M. Total factor
productivity and economic growth: issues for Asia. 25p.
596 Hirschberg, Joseph G., Maasoumi, Esfandiar & Slottje, Daniel
J. A cluster analysis of the quality life in the United
States over time. 18p.
590 McDonald, Ian & Sibly, Hugh. Loss aversion and the
non-neutrality of money. 31p.
588 McDonald, James T. & Worswick, Christopher. Wages, implicit
contracts and the business cycle: evidence from Canadian
micro data. 14p.
589 Williams, Ross. Funding higher education in Australia.
35p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9602 Creane, Anthony. Babying the enfant terrible industry:
policy for bad forms and imperfect information. 40p.
9603 Pecchenino, Rowena A., Stearns, Sally & Jenkins, Geoffrey.
Does Medicare make us healthy?. 27p.
9605 Linz, Susan J. Job rights in the Russian transition
economy: an analysis of gender differences. 35p.
9604 Wooldridge, Jeffrey M. Asymptotic properties of weighted
m-estimators for variable probability samples. 35p.
9606 Baillie, Richard T. & Bollerslev, Tim. The forward premium
anomaly is not as bad as you think. 28p.
9607 Horrace, William C. & Schmidt, Peter. Multiple comparisons
with the best, with applications to the efficiency
measurement problem. 54p.
9700 Linz, Susan. Labor productivity in transition: a regional
analysis of Russian industry. 38p.
9701 Baillie, Richard T. & Kwon, Tae-Go. Generic long memory
modeling in economics and financial time series. 29p.
UNIVERSITA DEGLI STUDI DI MILANO. Dipt. Econ. Politica e Aziendale.
9704 Cerasi, Vittoria, Chizzolini, Barbara & Ivaldi, Marc. The
impact of deregulation on branching and entry costs in the
banking industry. 33p.
PAGE 72
9607 Valsecchi, Irene. Job assignment and promotion. 17p.
9701 Valsecchi, Irene. Promotion and hierarchy: a review. 26p.
UNIVERSITY OF MINNESOTA. Center for Economic Research.
297 Richter, Marcel K. & Wong, Kam-Chau. Bounded rationalities
and computable economies. 80p.
295 Richter, Marcel K. & Wong, Kam-Chau. Bounded rationalities
and definable economies. 54p.
298 Richter, Marcel K. & Wong, Kam-Chau. Computability of
preference, utility, and demand. 35p.
296 Richter, Marcel K. & Wong, Kam-Chau. Definable utility in
o-minimal structures. 13p.
299 Govindan, Srihari & McLennan, Andrew. On the generic
finiteness of equilibrium outcome distributions in game
forms. 20p.
300 McLennan, Andrew & Park, In-Uck. Generic 4 x 4 two person
games have at most 15 Nash equilibria. 22p.
301 Zheng, Charles Z. The optimal design of first-price
auctions with financial constraints and default risks. 63p.
UNIVERSITY OF MINNESOTA. Economic Development Center.
96-4 Ruttan, Vernon W. Sources of technical change: induced
innovation, evolutionary theory and path dependence. 60p.
97-1 Tao, Hung-Lin & Stinson, Thomas F. An alternative measure
of the human capital stock. 31p.
MONASH UNIVERSITY. Department of Econometrics.
17/96 Fry, Tim R.L. & Longmire, Ritchard. A logit model of
laundry detergent brand choice in Melbourne. 21p.
18/96 King, Maxwell L., Forbes, Catherine S. & Morgan, Alan.
Improved small sample model selection procedures. 20p.
20/96 Korosi, Gabor, Longmire, Ritchard & Matyas, Laszlo.
Aggregation and cointegration. 34p.
19/96 Smith, Michael, Wong, Chi-Ming & Kohn, Robert. Additive
nonparametric regression with autocorrelated errors. 36p.
MONASH UNIVERSITY. Department of Econometrics & Business Statistic
3/97 Forbes, Catherine S., Kalb, Guyonne R.J. & Kofman, Paul.
Bayesian arbitrage threshold analysis. 25p.
2/97 Lieberman, Offer. Strike data with a crisis point. 18p.
5/97 Martin, Gael M. Fractional cointegration: Bayesian
inferences using a Jeffreys prior. 32p.
4/97 Martin, Gael M. & Martin, Vance L. Private and public
consumption expenditure substitutability: Bayesian estimates
for the G7 countries. 35p.
7/97 Matyas, Laszlo, Konya, Laszlo & Macquarie, Lachlan. The
Kuznets U-curve hypothesis: some panel data evidence. 13p.
1/97 Matyas, Laszlo, Konya, Laszlo & Harris, Mark N. Modelling
export activity in a multicountry economic area: the APEC
case. 11p.
PAGE 73
6/97 Smith, Michael & Naik, Narayan Y. Analytic small sample
bias and standard error calculations for tests of serial
correlation in market returns. 21p.
9/97 Inder, Brett & Snyder, Ralph. Trend stability and
structural change: an extension to the M1 forecasting
competition. 14p.
11/97 Maharaj, Ann. Comparison and classification of stationary
multivariate time series. 23p.
12/97 Maharaj, Ann. The comparison of two or more stationary time
series. 40p.
10/97 Shami, Roland G. & Snyder, Ralph D. Exponential smoothing
of seasonal data: a comparison. 8p.
8/97 Snyder, R.D., Ord, J.K. & Koehler, A.B. Prediction
intervals for ARIMA models. 29p.
MONASH UNIVERSITY. Department of Economics.
3/97 Choi, E. Kwan & Marjit, Sugata. Tariff-quota
non-equivalence in a competitive general equilibrium
framework. 10p.
2/97 Fane, George. Asia-Pacific Economic Cooperation (APEC):
much ado about nothing. 18p.
1/97 Lee, Poh. The allocation of forest functions and forest
conflicts: a case of study on Sarawak, Malaysia. 41p.
11/96 Cheng, Wenli & Xu, Haiyang. The efficiency wage hypothesis:
a mesoeconomic analysis. 18p.
8/97 Chen, Been-Lon, Lin, Chien-fu Jeff & Yang, Xiaokai.
Empirical evidence for the endogenous growth generated by
evolution in division of labor. 31p.
4/97 Choi, E. Kwan & Marjit, Sugata. Tariff quota
non-equivalence in a competitive general equilibrium
framework. 11p.
9/97 Inoue, Takutoshi. W.S. Jevons and his Japanese students.
8p.
5/97 Lau, Sau-Him Paul. Aggregate pattern of time-dependent
adjustment rules, II: strategic complementarity and
endogenous nonsynchronizati. 31p.
6/97 Li, Fang. An empirical analysis of the government
securities market in China. 38p.
7/97 Walmsley, Terrie L. Long run simulation of GTAP: initial
results for APEC in a Horridge style closure. 21p.
10/97 Guest, Ross S. & McDonald, Ian N. The socially optimal
level of saving in Australia, 1960-61 to 1994-95. 43p.
11/97 Jakee, Keith & Kenneally, Martin. Do economists lead or
lag?: some evidence from citations to the calculation
debate. 23p.
13/97 Petersen, Trond, Meyerson, Eva M. & Snartland, Vemund. Are
female workers less productive than male workers?:
productivity and the gender wage gap. 37p.
12/97 Zhao, Yimin & Ng, Yew Kwang. Output collapse in
transitional economies: a possible explanation using a two
sector macroeconomic model. 30p.
UNIVERSITE DE MONTREAL. Departement de Sciences Economiques.
9621 Abdelkhalek, Touhami & Martens, Andre. Macroclosures in
computable general equilibrium models: a probabilistic
treatment with an application to Morocco. 28p.
PAGE 74
9628 Amigues, Jean-Pierre, et al. On the optimal order of
natural resource use when the capacity of the inexhaustible
substitute is limited. 16p.
9616 Blum, Ulrich & Dudley, Leonard. The rise and decline of the
East German economy, 1949-1989. 31p.
9615 Bossaerts, Peter, Ghysels, Eric & Gourieroux, Christian.
Arbitrage-based pricing when volatility is stochastic. 56p.
9626 Dansereau, Patrice, Martens, Andre & Schnabl, Herman.
Production linkages between informal and formal activities
consider domestic & imported inputs: an application of t.
26p.
9620 Dudley, Leonard. Communications and economic growth. 32p.
9619 Dudley, Leonard. The rationality of revolution. 31p.
9614 Kollmann, Robert. The exchange rate in a dynamic optimizing
current account model with nominal rigidities: a
quantitative investigati. 52p.
9625 Loranger, Jean-Guy. The transformation problem: an
alternative solution with an identical aggregate profit rate
in the labor value spac. 16p.
9623 Proulx, Pierre-Paul. Economic integration in North America:
formal, informal, and spatial aspects. 20p.
9627 Sprumont, Yves. Equal factor equivalence in economies with
multiple public goods. 23p.
9624 Sprumont, Yves. Ordinal cost sharing. 40p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
123 Andersen, Torben M. Incomplete capital markets, wage
formation and stabilization policy. 29p.
118 Bradford, David F. Fixing capital gains: symmetry,
consistency and correctness in the taxation of financial
instruments. 84p.
127 Bradford, David F. On the uses of benefit-cost reasoning in
choosing policy toward global climate change. 12p.
128 Bradford, David F. & Logue, Kyle D. The influence of income
tax rules on insurance reserves. 42p.
116 de Vries, Casper G. & Danielsson, Jon. Tail index and
quantile estimation with very high frequency data. 22p.
121 Frisch, Helmut & Hof, Franz X. The algebra of government
debt. 20p.
119 Hallerberg, Mark & Basinger, Scott. Why did all but two
OECD countries initiate tax reform from 1986 to 1990?. 34p.
124 Koskela, Erkki & Stenbacka, Rune. Market structure in
banking and debt-financed project risks. 27p.
113 Laidler, David. American macroeconomics between World War I
and the Depression. 57p.
126 Lensberg, Terje. Investment behaviour under Knightian
uncertainty: an evolutionary approach. 19p.
120 Livernois, John & McKenna, C.J. Truth or consequences?:
enforcing pollution standards. 30p.
122 Razin, Assaf & Sadka, Efraim. Tax burden and migration: a
political economy perspective. 12p.
117 Sinn, Hans-Werner. International implications of German
unification. 27p.
PAGE 75
129 Sinn, Hans-Werner & Weichenrieder, Alfons J. Foreign direct
investment, political resentment and the privatization
process in Eastern Europe. 35p.
125 Wilson, John D. & Fan, Xiwen. Tax evasion and the optimal
tax treatment of foreign-source income. 32p.
134 Sinn, Hans-Werner & Feist, Holger. Eurowinners and
Eurolosers: the distribution of seignorage wealth in EMU.
26p.
131 Berger, Helge & de Haan, Jakob. A state within the state?:
an event study on the Bundesbank. 21p.
130 Choi, Jay Pil & Thum, Marcel. Market structure and the
timing of technology adoption with network externalities.
24p.
133 Cornelli, Francesca & Li, David P. Large shareholders,
private benefits of control, and optimal schemes of
privatization. 31p.
137 Dixit, Avinash & Londregan, John. Ideology, tactics, and
efficiency in redistributive politics. 29p.
138 Haller, Hans. Inefficient household decisions and efficient
markets. 11p.
136 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Separation of powers and political accountability. 69p.
135 Stemp, Peter J. What happens when inflation targets
change?. 27p.
UNIVERSITAT MUNCHEN. Volkswirtschaftliche Fakultat.
9610 Baten, Jorg. Economic development and the distribution of
nutritional resources in Bavaria, 1797-1839: an
anthropometric study. 21p.
9609 Berger, Helge. The Bundesbank's path to independence:
evidence from the 1950s. 31p.
9614 Gang, Ira N. & Zimmermann, Klaus F. Is child like parent?:
educational attainment and ethnic origin. 24p.
9616 Rotte, Ralph. The economic case for peace: a lesson from
1914. 28p.
9611 Rotte, Ralph, Vogler, Michael & Zimmermann, Klaus F. Asylum
migration and policy coordination in Europe. 31p.
9617 Zimmermann, Klaus F. Analysis of business surveys. 55p.
9612 Zimmermann, Klaus F. German job mobility and wages. 40p.
9619 Geil, Peter, et al. Economic incentives and hospitalization
in Germany. 39p.
9620 Heintel, Markus. Estimating means and trends of normal
samples with shortfall. 22p.
9621 Pirttila, Jukka & Schob, Ronnie. Redistribution and
internalization: the many-person Ramsey tax rule revisited.
19p.
9623 Riphahn, Regina T. & Kreider, Brent. Applications to the
U.S. disability program: a semiparametric approach. 38p.
9622 Rotte, Ralph, Vogler, Michael & Zimmermann, Klaus F.
South-North refugee migration: lessons for development
cooperation. 28p.
9627 Schmidt, Christoph M. & Zimmermann, Klaus F. Training and
exclusion: is the German apprenticeship system in decline?.
55p.
PAGE 76
9624 Spree, Reinhard. Social and political functions of the
early modern hospital in Germany (ca. 1800-1880). 12p.
9702 Amundsen, Eirik S. & Schob, Ronnie. Environmental taxes on
exhaustible resources. 21p.
9705 Bauer, Thomas. Do immigrants reduce natives' wages?:
evidence from Germany. 15p.
9703 Broll, Udo, Wahl, Jack E. & Zilcha, Itzhak. Exchange rate
volatility and hedging: the multiperiod case. 20p.
9706 Broll, Udo & Eckwert, Bernhard. Exports and indirect
hedging of foreign currency risk. 12p.
9704 Puhani, Patrick A. & Steiner, Viktor. The effectiveness and
efficiency of active labour market policies in Poland. 27p.
9701 Thum, Marcel & Weichenrieder, Alfons. `Dinkies' and
housewives: the regulation of shopping hours. 20p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
5833 Adams, James D. & Griliches, Zvi. Research productivity in
a system of universities. 28p.
5825 Aizenman, Joshua. New activities, the welfare cost of
uncertainty and investment policies. 32p.
5841 Aizenman, Joshua & Marion, Nancy P. Volatility and the
investment response. 16p.
5854 Anderson, James E. Effective protection redux. 32p.
5827 Anderson, James E. Trade reform with a government budget
constraint. 34p.
5821 Barr, David G. & Campbell, John Y. Inflation, real interest
rates, and the bond market: a study of U.K. nominal and
index-linked government bond price. 34p.
5813 Berndt, Ernst R., Frank, Richard G. & McGuire, Thomas G.
Alternative insurance arrangements and the treatment of
depression: what are the facts?. 20p.
5828 Bertola, Guiseppe & Rogerson, Richard. Institutions and
labor reallocation. 28p.
5822 Blanchard, Olivier & Katz, Lawrence F. What we know and do
not know about the natural rate of unemployment. 37p.
5835 Bound, John & Jaeger, David A. On the validity of season of
birth as an instrument in wage equations: a comment on
Angrist and Krueger. 27p.
5852 Chevalier, Judith & Ellison, Glenn. Are some mutual fund
managers better than others?: cross-sectional patterns in
behavior and performance. 31p.
5814 Chinn, Menzie D. & Maloney, William F. Financial and
capital account liberalization in the Pacific Basin: Korea
and Taiwan during the 1980s. 30p.
5824 Cho, Dongchul & Koh, Youngsun. Liberalization of capital
flows in Korea: big bang or gradualism?. 37p.
5830 Christopherson, Jon A., Ferson, Wayne E. & Glassman, Debra
A. Conditioning manager alphas on economic information:
another look at the persistence of performance. 54p.
5843 Cook, Philip J., et al. The effects of short-term variation
in abortion funding on pregnancy outcomes. 40p.
5851 Corsetti, Giancarlo & Roubini, Nouriel. Optimal government
spending and taxation in endogenous growth models. 38p.
PAGE 77
5796 Cutler, David M. & Reder, Sarah. Paying for health
insurance: the tradeoff between competition and adverse
selection. 38p.
5811 Edwards, Sebastian. The Chilean pension reform: a
pioneering program. 42p.
5826 Engen, Eric M. & Skinner, Jonathan. Taxation and economic
growth. 54p.
5816 Engle, Robert F. The econometrics of ultra-high frequency
data. 18p.
5845 Estrella, Arturo & Mishkin, Frederic S. Is there a role for
monetary aggregates in the conduct of monetary policy?.
51p.
5840 Fishback, Price V. & Kantor, Shawn E. The adoption of
workers' compensation in the United States, 1900-1930. 51p.
5837 Friedberg, Rachel M. You can't take it with you?: immigrant
assimilation and the portability of human capital. 44p.
5832 Gentry, William M & Hubbard, R. Glenn. Distributional
implications of introducing a broad-based consumption tax.
62p.
5834 Glied, Sherry, et al. Medicaid and service use among
homeless adults. 20p.
5836 Greenan, Nathalie & Mairesse, Jacques. Computers and
productivity in France: some evidence. 56p.
5831 Gruber, Jonathan. Health insurance for poor women and
children in the U.S.: lessons from the past decade. 53p.
5818 Hall, Brian J. & Weinstein, David E. The myth of the
patient Japanese: corporate myopia and financial distress in
Japan and the U.S. 38p.
5812 Hall, Robert E. & Jones, Charles I. The productivity of
nations. 47p.
5855 Hamermesh, Daniel S. The timing of work time over time.
43p.
5817 Holmstrom, Bengt & Tirole, Jean. Private and public supply
of liquidity. 44p.
5847 Hulten, Charles R. Infrastructure capital and economic
growth: how well you use it may be more important than how
much you have. 37p.
5838 Inman, Robert P. Do balanced budget rules work?: U.S.
experience and possible lessons for the EMU. 39p.
5819 Kang, Jun-Koo, Kim, Yong-Cheol & Stulz, Rene M. The
underreaction hypothesis and the new issue puzzle: evidence
from Japan. 27p.
5844 McCallum, Bennett T. Neoclassical vs. endogenous growth
analysis: an overview. 46p.
5823 Mincer, Jacob. Changes in wage inequality, 1970-1990. 29p.
5849 Mishkin, Frederic S. Bank consolidation: a central banker's
perspective. 23p.
5820 Nadiri, M. Ishaq & Nandi, Banani. The changing structure of
cost and demand for the U.S. telecommunications industry.
41p.
5829 Pischke, Jorn-Steffen. Continuous training in Germany.
39p.
5850 Razin, Assaf & Sadka, Efraim. Tax burden and migration: a
political economy perspective. 12p.
PAGE 78
5846 Rosen, Sherwin. Manufactured inequality. 14p.
5815 Shoven, John B. & Wise, David A. The taxation of pensions:
a shelter can become a trap. 61p.
5839 Sinn, Hans-Werner. International implications of German
unification. 26p.
5842 Velasco, Andres. When are fixed exchange rates really
fixed?. 24p.
5848 Wilson, Berry K. & Kane, Edward J. The demise of double
liability as an optimal contract for large bank
stockholders. 30p.
5884 Ando, Albert, Hancock, John & Sawchuck, Gary. Cost of
capital for the United States, Japan and Canada: an attempt
at measure- ment based on individual company re. 44p.
5888 Angrist, Joshua D. & Levy, Victor. Using Malmonides' rule
to estimate the effect of class size on scholastic
achievement. 45p.
5865 Basu, Susanto & Weil, David N. Appropriate technology and
growth. 29p.
5882 Buiter, Willem H., Lago, Ricardo & Rey, Helene. A portfolio
approach to a cross-sectoral and cross national investment
strategy in transition economies. 41p.
5861 Burgess, Simon & Knetter, Michael M. An international
comparison of employment adjustment to exchange rate
fluctuations. 25p.
5857 Campbell, John Y. & Viceira, Luis M. Consumption and
portfolio decisions when expected returns are time varying.
72p.
5853 Casella, Alessandra. Product standards coalitions in a
market without borders. 29p.
5876 Chari, V.V., Kehoe, Patrick J. & McGrattan, Ellen R.
Monetary shocks and real exchange rates in sticky price
models of international business cycles. 37p.
5881 Cutler, David M., Glaeser, Edward L. & Vigdor, Jacob L. The
rise and decline of the Americna ghetto. 68p.
5873 Das, Sanjiv Ranjan & Sundaram, Rangarajan K. Auction
theory: a summary with applications to Treasury markets.
32p.
5886 Feenstra, Robert C., Huang, Deng-Shing & Hamilton, Gary G.
Business groups and trade in East Asia, part 1: networked
equilibria. 40p.
5860 Ferson, Wayne E. & Harvey, Campbell R. Fundamental
determinants of national equity market returns: a
perspective on conditional asset pricing. 51p.
5856 Frye, Timothy & Shleifer, Andrei. The invisible hand and
the grabbing hand. 11p.
5874 Ghosh, Atish R., Ostry, Jonathan D. & Wolf, Holger C. Does
the nominal exchange rate regime matter?. 35p.
5862 Goldberg, Pinelopi K. & Knetter, Michael M. Goods, prices
and exchange rates: what have we learned?. 48p.
5880 Gray, Wayne B. Manufacturing plant location: does state
pollution regulation matter?. 28p.
5866 Gruber, Jonathan. Disability insurance benefits and labor
supply. 41p.
5863 Helliwell, John F. Do borders matter for social capital?:
economic growth and civic culture in U.S. states and
Canadian provinces. 30p.
PAGE 79
5870 Jovanovic, Boyan & Stolyarov, Dmitri. Learning,
complementarities and asynchronous use of technology. 33p.
5871 Jovanovic, Boyan & Rob, Rafael. Solow vs. Solow: machine
prices and development. 24p.
5859 Kalnins, Arturs & Lafontaine, Francine. The characteristics
of multi-unit ownership in franchising: evidence from fast
food restaurants in Texas. 47p.
5869 Kleiner, Morris M. & Kudrle, Robert T. Does regulation
improve outputs and increase prices?: the case of dentistry.
38p.
5878 Knetter, Michael M. The segmentation of international
markets: evidence from "The Economist". 39p.
5879 La Porta, Rafael, et al. Legal determinants of external
finance. 30p.
5864 La Porta, Rafael, et al. Trust in large organizations.
12p.
5858 Low, Linda, Ramstetter, Eric D. & Yeung, Henry Wai-Chung.
Accounting for outward direct investment from Hong Kong and
Singapore: who controls what?. 54p.
5875 McCallum, Bennett T. & Nelson, Edward. An optimizing IS-LM
specification for monetary policy and business cycle
analysis. 53p.
5867 Timmer, Ashley S. & Williamson, Jeffrey G. Racism,
xenophobia or markets?: the political economy of immigration
policy prior to the 30s. 73p.
5889 Baicker, Katherine, Goldin, Claudia & Katz, Lawrence F. A
distinctive system: origins and impact of U.S. unemployment
compensation. 51p.
5915 Basu, Susanto & Kimball, Miles S. Cyclical productivity
with unobserved input variation. 44p.
5894 Bates, David S. Post `87 crash fears in S & P 500 futures
options. 58p.
5129 Bates, David S. Testing option pricing models. 72p.
5893 Bernanke, Ben S. & Mishkin, Frederic S. Inflation
targeting: a new framework for monetary policy?. 30p.
5682 Bernheim, B. Douglas & Redding, Lee. Optimal money burning:
theory and application to corporate dividend policy. 44p.
5235 Berry, Steven, Levinsohn, James & Pakes, Ariel. Voluntary
export restraints on automobiles: evaluating a strategic
trade policy. 54p.
5904 Bodnar, Gordon M. & Weintrop, Joseph. The valuation of the
foreign income of U.S. multinational firms: a growth
opportunities perspective. 33p.
5911 Bohn, James G. & Hall, Brian J. The moral hazard of
insuring the insurers. 36p.
5900 Bond, Stephen, et al. Financial factors and investment in
Belgium, France, Germany, and the U.K.: a comparison using
company panel data. 26p.
5883 Bordo, Michael D. & Eichengreen, Barry. Implications of the
Great Depression for the development of the International
Monetary System. 73p.
5902 Bradford, David F. & Logue, Kyle D. The influence of income
tax rules on insurance reserves. 42p.
5920 Bradford, David F. On the uses of benefit-cost reasoning in
choosing policy toward global climate change. 11p.
PAGE 80
5909 Brown, Stephen J., Goetzmann, William N. & Ibbotson, Roger
C. Offshore hedge funds: survival and performance
1989-1995. 32p.
5872 Bulow, Jeremy & Klemperer, Paul. The generalized war of
attrition. 24p.
5919 Campa, Jose & Goldberg, Linda S. The evolving external
orientation of manufacturing industries: evidence from four
countries. 32p.
5898 Copeland, Brian R. & Taylor, M. Scott. A simple model of
trade, capital mobility, and the environment. 16p.
5913 Cutler, David M. & Zeckhauser, Richard J. Reinsurance for
catastrophes and cataclysms. 54p.
5892 Drazen, Allan. Policy signalling in the open economy: a
re-examination. 30p.
5890 Drazen, Allan. Towards a political-economic theory of
domestic debt. 26p.
5885 Feenberg, Daniel R., Mitrusi, Andrew W. & Poterba, James M.
Distributional effects of adopting a national retail sales
tax. 62p.
5887 Feenstra, Robert C., Yang, Maria & Hamilton, Gary G.
Business groups and trade in East Asia, part 2: product
variety. 39p.
5908 Feldstein, Martin. The Council of Economic Advisors: from
stabilization to resource allocation. 10p.
5917 Feldstein, Martin. Employment policy of the middle Reagan
years: what didn't happen and why it didn't happen. 12p.
5899 Gardecki, Rosella & Neumark, David. Order from chaos?: the
effects of early labor market experience on adult labor
market outcomes. 37p.
5901 Goetzmann, William N. & Jorion, Philippe. A century of
global stock markets. 30p.
5906 Goetzmann, William N. & Jorion, Philippe. Re-emerging
markets. 52p.
5903 Goldin, Claudia & Rouse, Cecilia. Orchestrating
impartiality: the impact of "blind" auditions on female
musicians. 46p.
5929 Greenstein, Shane M., Lizardo, Mercedes M. & Spiller, Pablo
T. The evolution of advanced large scale information
infrastructure in the United States. 50p.
5912 Gustman, Alan L., et al. Pension and social security wealth
in the Health and Retirement Study. 87p.
5907 Hart, Oliver & Moore, John. Default and renegotiation: a
dynamic model of debt. 56p.
5895 Irwin, Douglas A. From Smoot-Hawley to reciprocal trade
agreements: changing the course of U.S. trade policy in the
1930s. 47p.
5891 Krueger, Alan B. & Levy, Helen. Accounting for the slowdown
in employer health care costs. 28p.
5896 Krueger, Anne O. Trade policy and economic development: how
we learn. 55p.
5633 Lawrence, Robert Z. & Evans, Carolyn L. Trade and wages:
insights from the crystal ball. 29p.
5914 Rodrik, Dani. Total factor productivity growth
controversies, institutions, and economic performance in
East Asia. 32p.
PAGE 81
5905 Rodrik, Dani. Trade, social insurance, and the limits to
globalization. 34p.
5897 Slaughter, Matthew J. Per capita income convergence and the
role of international trade. 10p.
5877 Soderlind, Paul & Svensson, Lars E.O. New techniques to
extract market expectations from financial instruments.
47p.
5940 Adams, James D. Technology, trade, and wages. 46p.
5923 Anderson, James E. The Uruguay Round and welfare in some
distorted agricultural economies. 27p.
5950 Asea, Patrick K. & Ncube, Mthuli. Heterogeneous information
arrival and option pricing. 39p.
5951 Asea, Patrick K. & Blomberg, S. Brock. Lending cycles.
56p.
5916 Ashenfelter, Orley, Ashmore, David & Filer, Randall.
Contract form and procurement costs: the impact of
compulsory multiple contractor laws in construction. 26p.
5928 Ayres, Ian & Levitt, Steven D. Measuring positive
externalities from unobservable victim precaution: an
empirical analysis of Lojack. 50p.
5932 Bagwell, Kyle & Staiger, Robert W. Reciprocity,
non-discrimination and preferential agreements in the
multilateral trading system. 46p.
5921 Bagwell, Kyle & Staiger, Robert W. Regionalism and
multilateral tariff cooperation. 35p.
5944 Balduzzi, Pierluigi, et al. Interest rate targeting and the
dynamics of short-term rates. 34p.
5934 Baldwin, Robert E. & Cain, Glen G. Shifts in U.S. relative
wages: the role of trade, techology and factor endowments.
68p.
5926 Barberis, Nicholas, Shleifer, Andrei & Vishny, Robert W. A
model of investor sentiment. 42p.
5941 Bartel, Ann P. & Sicherman, Nachum. Technological change
and wages: an inter-industry analysis. 49p.
5948 Blau, David M. & Gilleskie, Donna B. Retiree health
insurance and the labor force behavior of older men in the
1990s. 37p.
5925 Calvo, Guillermo A. & Drazen, Allan. Uncertain duration of
reform: dynamic implications. 22p.
5927 Card, David. Immigrant inflows, native outflows, and the
local labor market impact of higher immigration. 54p.
5943 Cheung, Yin-Wong & Chinn, Menzie D. Integration,
cointegration and the forecast consistency of structural
exchange rate models. 53p.
5910 Feenstra, Robert C., Lipsey, Robert E. & Bowen, Harry P.
World trade flows, 1970-1992, with production and tariff
data. 62p.
5930 Fernandez, Raquel & Gali, Jordi. To each according to...?
Markets, tournaments, and the matching problem with
borrowing constraints. 45p.
5937 Fullerton, Don & Rogers, Diane Lim. Neglected effects on
the uses side: even a uniform tax would change relative
goods prices. 16p.
5942 Goldberg, Pinelopi K. & Maggi, Giovanni. Protection for
sale: an empirical investigation. 31p.
PAGE 82
5922 Gomes, Joao, Greenwood, Jeremy & Rebelo, Sergio.
Equilibrium unemployment. 42p.
5933 Hall, Robert E. Macroeconomic fluctuations and the
allocation of time. 32p.
5936 Ito, Takatoshi, Lyons, Richard K. & Melvin, Michael T. Is
there private information in the FX (foreign exchange)
market?: the Tokyo experiment. 27p.
5945 Klette, Tor Jakob & Griliches, Zvi. Empirical patterns of
firm growth and R & D investment: a quality ladder model
interpretation. 25p.
5924 Krueger, Alan B. Labor market shifts and the price puzzle
revisited. 30p.
5938 Lamoreaux, Naomi R. & Sokoloff, Kenneth L. Location and
technological change in the American glass industry during
the late 19th and early 20th centuries. 31p.
5946 Meltzer, David. Accounting for future costs in medical cost
effectiveness analysis. 40p.
5949 Miron, Jeffrey A. & Weil, David N. The genesis and
evolution of social security. 35p.
5947 Rebelo, Sergio & Xie, Danyang. On the optimality of
interest rate smoothing. 28p.
5935 Sachs, Jeffrey D. & Woo, Wing Thye. Understanding China's
economic performance. 58p.
5931 Salkever, David S. & Domino, Marisa E. Within group
"structural" tests of labor-market discrimination: a study
of persons with serious disabilities. 23p.
5918 Stambaugh, Robert F. Analyzing investments whose histories
differ in length. 50p.
5939 Wolf, Holger C. Patterns of intra- and inter-state trade.
21p.
5965 Aizenman, Joshua. International portfolio diversification
with generalized expected utility preferences. 22p.
5956 Autor, David H., Katz, Lawrence F. & Krueger, Alan B.
Computing inequality: have computers changed the labor
market?. 62p.
5987 Baker, Laurence C. & Brown, Martin L. The effect of managed
care on health care providers. 49p.
5952 Ball, Laurence. Efficient rules for monetary policy. 22p.
5957 Barro, Jason R. & Cutler, David M. Consolidation in the
medical care marketplace: a case study from Massachusetts.
56p.
5958 Brainard, S. Lael & Riker, David A. Are U.S. multinationals
exporting U.S. jobs?. 26p.
6006 Brander, James & Taylor, M. Scott. International trade
between consumer and conservationist countries. 35p.
5988 Burkhauser, Richard V., Holtz-Eakin, Douglas & Rhody,
Stephen E. Labor earnings mobility and inequality in the
United States and Germany during the growth years of the
1980s. 42p.
5963 Calomiris, Charles W. & Wheelock, David C. Was the Great
Depression a watershed for American monetary policy?. 68p.
5974 Campa, Jose M. & Chang, P.H. Kevin. The forecasting ability
of correlations implied in foreign exchange options. 32p.
5955 Campbell, Jeffrey R. Entry, exit, embodied technology, and
business cycles. 35p.
PAGE 83
6007 Chari, V.V. & Kehoe, Patrick. Hot money. 17p.
5994 Cooper, Russell W. Business cycles: theory, evidence and
implications. 44p.
5985 Currie, Janet & Gruber, Jonathan. The technology of birth:
health insurance, medical interventions, and infant health.
48p.
5976 Das, Sanjiv Ranjan & Sundaram, Rangarajan K. Taming the
skew: higher-order moments in modeling asset price processes
in finance. 42p.
5971 Dixit, Avinash, Pindyck, Robert S. & Sodal, Sigbjorn. A
markup interpretation of optimal rules for irreversible
investment. 15p.
5978 Edwards, Sebastian. Openness, productivity and growth: what
do we really know?. 26p.
5977 Edwards, Sebastian & Vegh, Carlos A. Banks and
macroeconomic disturbances under predetermined exchange
rates. 48p.
5953 Encinosa, William E., Gaynor, Martin & Rebitzer, James B.
The sociology of groups and the economics of incentives:
theory and evidence on compensation systems. 55p.
5989 Ettner, Susan L., Frank, Richard G. & Kessler, Ronald C.
The impact of psychiatric disorders on labor market
outcomes. 38p.
5975 Feenstra, Robert C. & Rose, Andrew K. Putting things in
order: patterns of trade dynamics and growth. 46p.
5970 Fernandez, Raquel. Returns to regionalism: an evaluation of
non-traditional gains from regional trade agreements (RTAs).
34p.
5995 Fernandez, Raquel & Rogerson, Richard. The determinants of
public education expenditures: evidence from the states,
1950-1990. 31p.
5993 Fullerton, Don & Wolverton, Ann. The case for a two-part
instrument: presumptive tax and environmental subsidy. 35p.
5981 Genesove, David & Mullin, Wallace P. The Sugar Institute
learns to organize information exchange. 38p.
6000 Gertler, Mark. Government debt and social security in a
life-cycle economy. 40p.
6003 Grogger, Jeff. Local violence, educational attainment, and
teacher pay. 50p.
5983 Grogger, Jeff. Market wages and youth crime. 50p.
5997 Grossman, Herschel I. & Han, Taejoon. Sovereign debt and
consumption smoothing. 10p.
5973 Hamermesh, Daniel S. & Trejo, Stephen J. The demand for
hours of labor: direct evidence from California. 15p.
5982 Hausman, Jerry. Cellular telephone, new products and the
CPI. 24p.
5996 Hubbard, R. Glenn. Capital-market imperfections and
investment. 62p.
5979 Ito, Takatoshi, Isard, Peter & Symansky, Steven. Economic
growth and the real exchange rate: an overview of the
Balassa Samuelson hypothesis in Asia. 35p.
6004 Judd, Kenneth L. The optimal tax rate for capital income in
negative. 47p.
5999 Kaplan, Steven N., Mitchell, Mark L. & Wruck, Karen H. A
clinical exploration of value creation and destruction in
acquisitions: organizational design, incentives, and in.
63p.
PAGE 84
5968 Krueger, Anne O. Nominal anchor exchange rate policies as a
domestic distortion. 39p.
5961 Lamont, Owen & Stein, Jeremy C. Leverage and house-price
dynamics in U.S. cities. 38p.
5991 Lewis, Karen K. Are countries with official international
restrictions "liquidity constained"?. 38p.
5986 Libecap, Gary D. The Great Depression and the regulating
state: federal government regulation of agriculture,
1884-1970. 81p.
5984 Lumsdaine, Robin L. & Prasad, Eswar S. Identifying the
common component in international economic fluctuations.
35p.
6002 Mitchell, Olivia S., Poterba, James M. & Warshawshy, Mark J.
New evidence on the money's worth of individual annuities.
45p.
5954 Mulligan, Casey B. & Sala-i-Martin, Xavier X. The optimum
quantity of money: theory and evidence. 50p.
5992 Murnane, Richard J., Willett, John B. & Boudett, Kathryn P.
Does acquisition of a GED lead to more training,
post-secondary education, and military service for school
dropouts. 34p.
5966 Nechyba, Thomas J. & Strauss, Robert P. Community choice
and local public services: a discrete choice model. 32p.
5960 Obstfeld, Maurice & Taylor, Alan M. The Great Depression as
a watershed: international capital mobility over the long
run. 60p.
5967 Parry, Ian W.H., Williams, Robertson C. & Goulder, Lawrence
H. When can carbon abatement policies increase welfare?:
the fundamental role of distorted factor markets. 39p.
6001 Poterba, James M. The history of annuities in the United
States. 50p.
5959 Riker, David A. & Brainard, S. Lael. U.S. multinationals
and competition from low wage countries. 31p.
5972 Rosen, Harvey S. The way we were (and are): changes in
public finance and its textbooks. 24p.
5964 Rouse, Cecilia E. Private school vouchers and student
achievement: an evaluation of the Milwaukee parental choice
program. 43p.
5969 Scharfstein, David S. & Stein, Jeremy C. The dark side of
internal capital markets: divisional rent-seeking and
inefficienct investment. 39p.
5980 Shapiro, Matthew D. & Wilcox, David W. Alterantive
strategies for aggregating prices in the CPI. 30p.
5962 Svensson, Lars E.O. Inflation targeting: some extensions.
43p.
6048 Adda, Jerome & Cooper, Russell. Balludurette and Juppette:
a discrete analysis of scrapping subsidies. 37p.
6024 Alesina, Alberto & Wacziarg, Romain. Openness, country size
and the government. 27p.
6009 Alesina, Alberto, Baqir, Reza & Easterly, William. Public
goods and ethnic divisions. 47p.
6010 Altonji, Joseph G. & Williams, Nicholas. Do wages rise with
job seniority?: a reassessment. 46p.
6023 Andersen, Torben G. & Bollerslev, Tim. Answering the
critics: Yes, ARCH models do provide good volatility
forecasts. 35p.
PAGE 85
6005 Atkeson, Andrew & Kehoe, Patrick. Industry evolution and
transition: a neoclassical benchmark. 45p.
6022 Bekaert, Geert & Wu, Guojun. Asymmetric volatility and risk
in equity markets. 58p.
6008 Black, Duncan & Henderson, Vernon. Urban growth. 54p.
6019 Blomstrom, Magnus & Kokko, Ari. Regional integration and
foreign direct investment. 36p.
6015 Cecchetti, Stephen G. Understanding the Great Depression:
lessons for current policy. 26p.
6017 Chinn, Menzie David. Sectoral productivity, government
spending and real exchange rates: empirical evidence for
OECD countries. 38p.
6018 Cockburn, Iain & Henderson, Rebecca. Public-private
interaction and the productivity of pharmaceutical research.
44p.
6046 Cohen, Daniel, Hassett, Kevin A. & Hubbard, R. Glenn.
Inflation and the user cost of capital: does inflation still
matter?. 45p.
5998 Evans, William N. & Ringel, Jeanne S. Can higher cigarette
taxes improve birth outcomes?. 38p.
6028 Feenstra, Robert C., et al. Testing endogenous growth in
South Korea and Taiwan. 36p.
5990 Feenstra, Robert C. U.S. exports, 1972-1994: with state
exports and other U.S. data. 57p.
6040 Feldman, Maryann P. & Lichtenberg, Frank R. The impact and
organization of publicly-funded research and development in
the European Community. 40p.
6012 Freeman, Richard B. Spurts in union growth: defining
moments and social processes. 63p.
6025 Froot, Kenneth A. The limited financing of catastrophe
risk: an overview. 24p.
6011 Froot, Kenneth A. & O'Connell, Paul G.J. On the pricing of
intermediated risks: theory and application to catastrophe
reinsurance. 36p.
6043 Froot, Kenneth A. & O'Connell, Paul G.J. The pricing of
U.S. catastrophe reinsurance. 37p.
6032 Genesove, David & Mullin, Wallace P. Predation and its rate
of return: the sugar industry, 1887-1914. 42p.
6035 Gertler, Paul & Gruber, Jonathan. Insuring consumption
against illness. 55p.
6036 Gray, Wayne B. & Shadbegian, Ronald J. Environmental
regulation, investment timing, and technology choice. 37p.
6047 Grogger, Jeff & Bronars, Stephen G. The effect of welfare
payments on the marriage and fertility behaviour of unwed
mothers: results from a twins exper. 45p.
6034 Gruber, Jonathan, Levine, Philip & Staiger, Douglas.
Abortion legalization and child living circumstances: who is
the "marginal child"?. 34p.
6041 Gruber, Jonathan & Yelowitz, Aaron. Public health insurance
and private savings. 43p.
6027 Helliwell, John F. National borders, trade and migration.
29p.
6033 Helper, Susan. Complementary and cost reduction: evidence
from the auto supply industry. 41p.
PAGE 86
6044 Jaffe, Adam B., Fogerty, Michael S. & Banks, Bruce A.
Evidence from patents and patent citations on the impact of
NASA and other federal labs on commercial innovation. 47p.
6029 Joyce, Theodore. Impact of augmented prenatal care on birth
outcomes of Medicaid recipients in New York City. 42p.
6020 Kane, Edward J. Ethical foundations of financial
regulation. 31p.
6021 Kinnaman, Thomas C. & Fullerton, Don. Garbage and recycling
in communities with curbside recycling and unit-based
pricing. 35p.
6031 Korenman, Sanders & Neumark, David. Cohort crowding and
youth labor markets: a cross-national analysis. 69p.
6014 Lerner, Josh & Merges, Robert P. The control of strategic
alliances: an empirical analysis of biotechnology
collaborations. 39p.
6039 Lipsey, Robert E. & Swedenborg, Birgitta. Wage dispersion
and country price levels. 33p.
6016 McCallum, Bennett T. Issues in the design of monetary
policy rules. 71p.
6013 McClennan, Mark & Skinner, Jonathan. The incidence of
Medicare. 58p.
6038 Marimon, Ramon & Zilibotti, Fabrizio. Unemployment vs.
mismatch of talents: reconsidering unemployment benefits.
43p.
6037 Porter, Robert H. & Zona, J. Douglas. Ohio school milk
markets: an analysis of bidding. 53p.
6026 Shea, John. Does parents' money matter?. 58p.
6030 Wei, Shang-Jin. How taxing is corruption on international
investors?. 44p.
6050 Zucker, Lynne G., Darby, Michael R. & Torero, Maximo. Labor
mobility from academe to commerce. 39p.
6080 Agenor, Pierre-Richard & Aizenman, Joshua. Contagion and
volatility with imperfect credit markets. 30p.
6062 Andres, Javier & Hernando, Ignacio. Does inflation harm
economic growth?: evidence for the OECD. 41p.
6049 Bagwell, Kyle & Staiger, Robert W. An economic theory of
GATT. 55p.
6057 Berry, Steven T. & Waldfogel, Joel. Public radio in the
United States: does it correct market failure or cannibalize
commercial stations?. 40p.
6078 Blau, Francine D. & Kahn, Lawrence M. Gender and youth
employment outcomes: the U.S. and West Germany, 1984-91.
72p.
6071 Bordo, Michael D., Erceg, Christopher J. & Evans, Charles L.
Money, sticky wages, and the Great Depression. 54p.
6083 Bosman, Ciska M., et al. Business success and businesses'
beauty capital. 29p.
6066 Branstetter, Lee & Sakakibara, Mariko. Japanese research
consortia: a microeconometric analysis of industrial policy.
44p.
6067 Butcher, Kristin F. & Piehl, Anne Morrison. Recent
immigrants: unexpected implications for crime and
incarceration. 57p.
6081 Carroll, Christopher D. & Dunn, Wendy E. Unemployment
expectations, jumping (S,s) triggers, and household balance
sheets. 52p.
PAGE 87
6045 Chacko, George & Das, Sanjiv Ranjan. Average interest.
37p.
6059 Collins, William J., O'Rourke, Kevin G. & Williamson,
Jeffrey G. Were trade and factor mobility substitutes in
history?. 47p.
6054 Costa, Dora L. Less of a luxury: the rise of recreation
since 1888. 29p.
6076 Davis, Donald R. The home market, trade, and industrial
structure. 27p.
6082 Dee, Thomas S. & Evans, William N. Teen drinking and
educational attainment: evidence from two-sample
instrumental variables (TSIV) estimates. 51p.
6064 Desai, Mihir A. & Hines, James R. Excess capital flows and
the burden of inflation in open economies. 48p.
6086 Edlin, Aaron S. & Hermalin, Benjamin E. Contract
renegotiation in agency problems. 33p.
6060 Eichengreen, Barry & Temin, Peter. The gold standard and
the Great Depression. 43p.
6069 Engel, Charles, Hendrickson, Michael K. & Rogers, John H.
Intra-national, intra-continental, and intra-planetary
purchasing power parity. 30p.
6052 Feenstra, Robert C. & Hanson, Gordon H. Productivity
measurement and the impact of trade and technology on wages:
estimates for the U.S., 1972-1990. 49p.
6055 Feldstein, Martin & Samwick, Andrew. The economics of
prefunding social security and Medicare benefits. 54p.
6061 Groschen, Erica L. & Schweitzer, Mark E. Identifying
inflation's grease and sand effects in the labor market.
48p.
6077 Horn, Hendrik & Levinsohn, James. Merger policies and trade
liberalization. 36p.
6058 Hoynes, Hilary W. & Moffitt, Robert. Tax rates and work
incentives in the social security disability insurance
program... 43p.
6056 Kashyap, Anil K. & Stein, Jeremy C. What do a million banks
have to say about the transmission of monetary policy?.
66p.
6065 Keller, Wolfgang. Are international R & D spillovers trade
related?: analyzing spillovers among randomly matched trade
partners. 20p.
6079 Keller, Wolfgang. From socialist showcase to mezzogiorno?:
lessons on the role of technical change from East Germany...
45p.
6051 Krueger, Alan B. Experimental estimates of education
production functions. 50p.
6074 Metcalf, Gilbert A. & Hassett, Kevin A. Measuring the
energy savings from home improvement investments: evidence
from monthly billing data. 39p.
6042 Mullin, Charles & Philipson, Tomas. The future of old-age
longevity: competitive pricing of mortality contingent
claims. 39p.
6053 Obstfeld, Maurice & Taylor, Alan M. Nonlinear aspects of
goods-market arbitrage and adjustment: Heckscher's commodity
points revisited. 48p.
PAGE 88
6070 Owen, Ann L. & Weil, David N. Intergenerational earnings
mobility, inequality, and growth. 55p.
6073 Prakash, Gauri & Taylor, Alan M. Measuring market
integration: a model of arbitrage with an econometric
application to the gold standard, 1879-1913. 35p.
6075 Roberts, Mark J. & Supina, Dylan. Output price and markup
dispersion in micro data: the roles of producer
heterogeneity and noise. 41p.
6068 Safieddine, Assem & Titman, Sheridan. Debt and corporate
performance: evidence from unsuccessful takeovers. 34p.
6072 Sinn, Hans-Werner & Feist, Holger. Eurowners and
Eurolosers: the distribution of seigniorage wealth in EMU.
26p.
6084 Tornell, Aaron. Rational atrophy: the U.S. steel industry.
51p.
6063 White, Eugene N. The legacy of deposit insurance: the
growth, spread and cost of insuring financial
intermediaries. 54p.
6110 Abowd, John M. & Kramarz, Francis. The costs of hiring and
separations. 33p.
6111 Abowd, John M., et al. Minimum wages and youth employment
in France and the United States. 50p.
6099 Adams, James D. The structure of firm R & D and the factor
intensity of production. 40p.
6130 Ait-Sahalia, Yacine & Lo, Andrew W. Nonparametric risk
management and implied risk aversion. 48p.
6106 Ashenfelter, Orley & Rouse, Cecilia. Income, schooling, and
ability: evidence from a new sample of identical twins.
41p.
6119 Auerbach, Alan J. Quantifying the current U.S. fiscal
imbalance. 22p.
6095 Ben-David, Dan & Loewy, Michael B. Free trade, growth, and
convergence. 32p.
6096 Ben-David, Dan & Papell, David H. International trade and
structural change. 15p.
6085 Bernheim, B. Douglas, Garrett, Daniel M. & Maki, Dean M.
Education and saving: the long-term effects of high school
financial curriculum mandates. 42p.
6100 Blanchflower, David G. Changes over time in union relative
wage effects in Great Britain and the United States. 38p.
6102 Blanchflower, David G. & Oswald, Andrew J. The rising
well-being of the young. 45p.
6098 Chan, Louis K.C., Karceski, Jason & Lakonishok, Josef. The
risk and return from factors. 41p.
6108 Chinn, Menzie D. The usual suspects?: productivity and
demand shocks and Asia-Pacific real exchange rates. 34p.
6092 Chinn, Menzie D. & Dooley, Michael P. Monetary policy in
Japan, Germany and the United States: does one size fit
all?. 41p.
6104 Chipty, Tasneem & Witte, Ann D. An empirical investigation
of firms' responses to minimum standards regulations. 26p.
6094 Cooper, Russell & Corbae, Dean. Financial fragility and the
Great Depression. 33p.
6114 Cutler, David M. & Meara, Ellen. The medical costs of the
young and old: a forty year perspective. 46p.
PAGE 89
6128 Dai, Qiang & Singleton, Kenneth J. Specification analysis
of affine term structure models. 51p.
6093 Davis, Donald R. & Weinstein, David E. Economic geography
and regional production structure: an empirical
investigation. 45p.
6097 Diamond, Peter & Gruber, Jonathan. Social security and
retirement in the U.S. 59p.
6129 Engle, Robert F. & Lange, Joe. Measuring, forecasting and
explaining time varying liquidity in the stock market. 22p.
6091 Fullerton, Don & Metcalf, Gilbert. Environmental controls,
scarcity rents, and pre-existing distortions. 38p.
6125 Garrett, A. Bowen & Glied, Sherry. The effect of U.S.
Supreme Court ruling "Sullivan v. Zebley" on child SSI and
AFDC enrollment. 37p.
6124 Greenstein, Shane M. & Wade, James B. Dynamic modeling of
the product life cycle in the commerical mainframe computer
market, 1968-1982. 54p.
6087 Gruber, Jonathan, Adams, Kathleen & Newhouse, Joseph P.
Physician fee policy and Medicaid program costs. 34p.
6121 Harrigan, James. Estimation of cross-country differences in
industry production functions. 45p.
6105 Heckman, James J. & Smith, Jeffrey A. The sensitivity of
experimental impact estimates: evidence from the National
Job Training Partnership Act study. 48p.
6101 Helpman, Elhanan. R & D and productivity: the international
connection. 22p.
6116 Hines, James R. Taxed avoidance: American participation in
unsanctioned international boycotts. 35p.
6112 Irwin, Douglas A. & Kroszner, Randall S. Interests,
institutions, and ideology in the Republican conversion to
trade liberalization, 1934-1945. 36p.
6103 Jones, Matthew T. & Obstfeld, Maurice. Saving, investment,
and gold: a reassessment of historical current account data.
59p.
6113 Keller, Wolfgang. Trade and the transmission of technology.
59p.
6090 Kolev, Dobrin R. & Prusa, Thomas J. Tariff policy for a
monopolist under incomplete information. 31p.
6118 Kremer, Michael. Why are worker cooperatives so rare?.
36p.
6122 Mishkin, Frederic S. Strategies for controlling inflation.
47p.
6088 Neumark, David & Stock, Wendy A. Age discrimination laws
and labor market efficiency. 59p.
6127 Neumark, David & Wascher, William. Do minimum wages fight
poverty?. 42p.
6089 O'Connell, Paul G.J. & Wei, Shang-Jin. "The bigger they
are, the harder they fall": how price differences across
U.S. cities are arbitraged. 34p.
6117 Romer, David. Misconceptions and political outcomes. 32p.
6148 Abel, Andrew B. & Eberly, Janice C. The mix and scale of
factors with irreversibility and fixed costs of investment.
49p.
6109 Abowd, John M. & Kramarz, Francis. Internal and external
labor markets: an analysis of matched longitudinal
employer-employee data. 21p.
PAGE 90
6123 Aizenman, Joshua & Yi, Sang-Seung. Controlled openness and
foreign direct investment. 18p.
6163 Alesina, Alberto, Spolaore, Enrico & Wacziarg, Romain.
Economic integration and political disintegration. 46p.
6181 Anderson, James E. Revenue neutral trade reform with many
households, quotas and tariffs. 34p.
6145 Andrade, Gregor & Kaplan, Steven N. How costly is financial
(not economic) distress?: evidence from highly leveraged
transactions that became distresse. 60p.
6189 Asea, Patrick K. & Turnovsky, Stephen J. Capital income
taxation and risk-taking in a small open economy. 47p.
6177 Baker, George, Gibbons, Robert & Murphy, Kevin J. Implicit
contracts and the theory of the firm. 39p.
6187 Baker, Laurence C. & Shankarkumar, Sharmila. Managed care
and health care expenditures: evidence from Medicare,
1990-1994. 44p.
6197 Barro, Robert J. Optimal management of indexed and nominal
debt. 25p.
6132 Beaudry, Paul & Green, David. Cohort patterns in Canadian
earnings: assessing the role of skill premia in inequality
trends. 46p.
6160 Becker, Randy & Henderson, Vernon. Effects of air quality
regulation on decisions of firms in polluting industries.
62p.
6147 Bekaert, Geert, Hodrick, Robert J. & Marshall, David A.
"Peso problem" explanations for term structure anomalies.
63p.
6166 Berman, Eli, Bound, John & Machin, Stephen. Implications of
skill-biased technological change: international evidence.
40p.
6182 Berndt, Ernst R., et al. Is price inflation different for
the elderly?: an empirical analysis of prescription drugs.
45p.
6120 Black, Sandra E. & Lynch, Lisa M. How to compete: the
impact of workplace practices and information technology on
productivity. 38p.
6154 Blundell, Richard & Johnson, Paul. Pensions and retirement
in the U.K. 69p.
6136 Boldrin, Michele, Jimenez-Martin, Sergi & Peracchi, Franco.
Social security and retirement in Spain. 77p.
6115 Bordo, Michael D. & MacDonald, Ronald. Violations of the
`rules of the game' and the credibility of the classical
gold standard, 1880-1914. 78p.
6176 Borjas, George J. To ghetto or not to ghetto: ethnicity and
residential segregation. 36p.
6175 Borjas, George J. & Sueyoshi, Glenn T. Ethnicity and the
intergenerational transmission of welfare dependency. 38p.
6153 Borsch-Supan, Axel & Schnabel, Reinhold. Social security
and retirement in Germany. 57p.
6161 Broadbent, Ben & Kremer, Michael. Does favorable tax
treatment of housing reduce equipment investment?. 27p.
6155 Brugiavini, Agar. Social security and retirement in Italy.
102p.
6183 Bryan, Michael F., Cecchetti, Stephen C. & Wiggins, Rodney
L. Efficient inflation estimation. 29p.
PAGE 91
6162 Campa, Jose M. & Wolf, Holger C. Is real exchange rate mean
reversion caused by arbitrage?. 35p.
6179 Campa, Jose M., Chang, Kevin P.H. & Reider, Robert L.
Implied exchange rate distribution evidence from OTC option
markets. 51p.
6142 Card, David & Lemieux, Thomas. Adapting to circumstances:
the evolution of work, school, and living arrangements among
North American youth. 65p.
6138 Carroll, Christopher D., Overland, Judy & Weil, David N.
Comparison utility in a growth model. 41p.
6186 Casella, Alessandra & Rauch, James E. Anonymous market and
group ties in international trade. 55p.
6107 Cutler, David M. & Zeckhauser, Richard J. Adverse selection
in health insurance. 44p.
6140 Cutler, David M. & Sheiner, Louise. Managed care and the
growth of medical expenditures. 50p.
6196 Cutler, David M., Elmendorf, Douglas W. & Zeckhauser,
Richard J. Restraining the Leviathan: property tax
limitation in Massachusetts. 50p.
6133 Davis, Donald R. & Reeve, Trevor A. Human capital,
unemployment, and relative wages in a global economy. 34p.
6200 Feldstein, Martin. Capital income taxes and the benefit of
price stability. 53p.
6150 Feldstein, Martin. The political economy of the European
Economic and Monetary Union: political sources of an
economic liability. 33p.
6149 Feldstein, Martin. Transition to a fully funded pension
system: five economic issues. 26p.
6151 Fuchs, Victor R., Krueger, Alan B. & Poterba, James M. Why
do economists disagree about policy: the roles of beliefs
about parameters and values. 49p.
6199 Fullerton, Don & Metcalf, Gilbert E. Environmental taxes
and the double-dividend hypothesis: did you really expect
something for nothing?. 36p.
6180 Ghosh, Atish R. & Wolf, Holger C. Geographical and sectoral
shocks in the U.S. business cycle. 33p.
6164 Glied, Sherry, et al. Selection, marketing, and Medicaid
managed care. 29p.
6144 Goldin, Claudia & Katz, Lawrence F. Why the United States
led in education: lessons from secondary school expansion
1910 to 1940. 43p.
6192 Goolsbee, Austan. Investment tax incentives, prices, and
the supply of capital goods. 37p.
6173 Goolsbe, Austan. Taxes, organizational form, and the
deadweight loss of the corporate income tax. 15p.
6134 Gruber, Jonathan & Wise, David. Social security programs
and retirement around the world. 51p.
6195 Hamermesh, Daniel S. Immigration and the quality of jobs.
36p.
6172 Hayashi, Fumio. The main bank system and corporate
investment: an empirical reassessment. 23p.
6194 Hendel, Igal & Lizzeri, Alessandro. Adverse selection in
durable goods markets. 32p.
6167 Hunt, Jennifer. The transition in East Germany: when is a
ten point fall in the gender wage gap bad news?. 35p.
PAGE 92
6193 Hurd, Michael D. & McGarry, Kathleen. The predictive
validity of subjective probabilities of survival. 35p.
6152 Ju, Jiandong & Krishna, Kala. Evaluating trade reform using
ex-post criteria. 45p.
6135 Kapteyn, Arie & de Vos, Klaas. Social security and
retirement in the Netherlands. 51p.
6159 Kongsamut, Piyabha, Rebelo, Sergio & Xie, Danyang. Beyond
balanced growth. 56p.
6204 Kortum, Samuel & Lerner, Josh. Stronger protection of
technological revolution: what is behind the recent surge in
patenting?. 72p.
6184 Krishna, Kala, Suddhasatwa, Roy & Thursby, Marie.
Procompetitive market access. 15p.
6146 Krueger, Alan B. & Pischke, Jorn-Steffen. Observations and
conjectures on the U.S. employment miracle. 38p.
6198 Lee, Jong-Wha & Barro, Robert J. Schooling quality in a
cross section of countries. 42p.
6191 Levitt, Steven D. Juvenile crime and punishment. 39p.
6171 McGarry, Kathleen & Davenport, Andrew. Pensions and the
distribution of wealth. 30p.
6126 Mishkin, Frederic S. & Posen, Adam S. Inflation targeting:
lessons from four countries. 133p.
6178 Mitchell, Olivia S. & Moore, James F. Retirement wealth
accumulation and decumulation: new developments and
outstanding opportunities. 78p.
6143 Morton, Fiona M. Scott. The objectives of the FDA's office
of generic drugs. 32p.
6156 Oshio, Takashi & Yashiro, Naohiro. Social security and
retirement in Japan. 44p.
6137 Palme, Marten & Svensson, Ingemar. Social security,
occupational pensions, and retirement in Sweden. 82p.
6202 Peng, Yusheng, Zucker, Lynne G. & Darby, Michael R. Chinese
rural industrial productivity and urban spillovers. 37p.
6169 Pestieau, Pierre & Stijns, Jean-Philippe. Social security
and retirement in Belgium. 50p.
6185 Poterba, James M. & Samwick, Andrew A. Household portfolio
allocation over the life cycle. 53p.
6174 Razin, Ofair & Collins, Susan M. Real exchange rate
misalignments and growth. 31p.
6168 Rebelo, Sergio. What happens when countries peg their
exchange rates? (the real side of monetary reforms). 39p.
6141 Rodrik, Dani. What drives public employment?. 30p.
6190 Scott Morton, Fiona M. Entry decisions in the generic
pharmaceutical industry. 35p.
6170 Todter, Karl-Heinz & Ziebarth, Gerhard. Price stability vs.
low inflation in Germany: an analysis of costs and benefits.
65p.
6165 Warner, Andrew M. Mexico's 1994 exchange rate crisis
interpreted in light of the non-traded model. 27p.
6131 Weinhold, Diana & Rauch, James E. Openness, specialization,
and productivity growth in less developed countries. 24p.
6188 Woodford, Michael. Doing without money: controlling
inflation in a post-monetary world. 61p.
6139 Yelowitz, Aaron S. Why did the SSI-disabled program grow so
much?: disentangling the effect of Medicaid. 47p.
PAGE 93
6203 Zhang, Kevin H. & Markusen, James R. Vertical
multinationals and host-country characteristics. 27p.
6216 Abrego, Lisandro, et al. Trade and environment: bargaining
outcomes from linked negotiations. 35p.
6158 Ahn, Dong-Hyun, et al. Optimal risk management using
options. 43p.
6248 Altig, David, et al. Simulating U.S. tax reform. 55p.
6279 Altonji, Joseph G. & Pierret, Charles R. Employer learning
and statistical discrimination. 64p.
6223 Anderson, James E. & Marcouiller, Douglas. Trade and
security, I: anarchy. 34p.
6208 Anderson, Patricia M., Gustman, Alan L. & Steinmeier, Thomas
L. Trends in male labor force participation and retirement:
some evidence of the role of pensions and soc. security...
55p.
6235 Aw, Bee Yan, Chen, Xiaomin & Roberts, Mark J. Firm-level
evidence on productivity differentials, turnover, and
exports in Taiwanese manufacturing. 49p.
6267 Ben-David, Dan. Convergence clubs and subsistence
economies. 21p.
6266 Ben-David, Dan & Papell, David H. Slowdowns and meltdowns:
postwar growth evidence from 74 countries. 31p.
6157 Bernanke, Ben S. & Woodford, Michael. Inflation forecasts
and monetary policy. 64p.
6272 Bernard, Andrew B. & Jensen, J. Bradford. Exceptional
exporter performance: cause, effect, or both?. 32p.
6227 Bernheim, B. Douglas, Skinner, Jonathan & Weinberg, Steven.
What accounts for the variation in retirement wealth among
U.S. households?. 62p.
6250 Bertsimas, Dimitris, Kogan, Leonid & Lo, Andrew W. Pricing
and hedging derivative securities in incomplete markets: an
epsilon arbitrage approach. 58p.
6281 Bhattarai, Keshab & Whalley, John. The redistributive
effects of transfers. 31p.
6214 Blanchet, Didier & Pele, Louis-Paul. Social security and
retirement in France. 33p.
6206 Blau, Francine D. Trends in the well-being of American
women, 1970-1995. 76p.
6268 Bloom, David E. & Williamson, Jeffrey G. Demographic
transitions and economic miracles in emerging Asia. 45p.
6205 Blomstrom, Magnus, Fors, Gunnar & Lipsey, Robert E. Foreign
direct investment and employment: home country experience in
the United States and Sweden. 18p.
6224 Bodnar, Gordon M., Tang, Charles & Weintrop, Joseph. Both
sides of corporate diversification: the value impacts of
geographic and industrial diversification. 36p.
6201 Bordo, Michael D. & Schwartz, Anna J. Monetary policy
regimes and economic performance: the historical record.
125p.
6242 Brisson, Anne E., et al. Impact of a managed behavioral
health care carve-out: a case study of one HMO. 26p.
6282 Bruce, Donald & Holtz-Eakin, Douglas. Apocalypse now?:
fundamental tax reform and residential housing values. 34p.
6264 Caballero, Ricardo J. Aggregate investment. 58p.
PAGE 94
6217 Costa, Dora L. A house of her own: old age assistance and
the living arrrangements of older nonmarried women. 32p.
6221 Caballero, Ricardo J. & Hammour, Mohamad L. Jobless growth:
appropriability, factor substitution, and unemployment.
37p.
6254 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules in practice: some international evidence. 44p.
6207 Cochrane, John H. Where is the market going?: uncertainty
facts and novel theories. 56p.
6246 Davis, Stephen J. & Henrekson, Magnus. Explaining national
differences in the size and industry distribution of
employment. 43p.
6236 della Paolera, Geraldo & Taylor, Alan M. Finance and
development in an emerging market: Argentina in the interwar
period. 26p.
6275 den Haan, Wouter J., Ramey, Garey & Watson, Joel. Job
destruction and propagation of shocks. 55p.
6228 Diebold, Francis X., Tay, Anthony S. & Wallis, Kenneth F.
Evaluating density forecasts of inflation: the Survey of
Professional Forecasters. 23p.
6247 Dooley, Michael P., Mathieson, Donald J. & Rojas-Suarez,
Liliana. Capital mobility and exchange market intervention
in developing countries. 45p.
6270 Dumais, Guy, Ellison, Glenn & Glaeser, Edward L. Geographic
concentration as a dynamic process. 47p.
6253 Eaton, Jonathan & Kortum, Samuel. Technology and bilateral
trade. 53p.
6218 Ellison, Sara F. & Mullin, Wallace P. Gradual incorporation
of information into stock prices: empirical strategies.
24p.
6265 Fairlie, Robert W. & Meyer, Bruce D. Does immigration hurt
African-American self-employment?. 54p.
6226 Foote, Christopher L. The surprising symmetry of gross job
flows. 35p.
6212 Franz, Wolfgang, et al. Young and out in Germany: on the
youths' chances of labor market entrance in Germany. 46p.
6249 Garber, Alan M., MaCurdy, Thomas E. & McClellan, Mark C.
Persistence of Medicare expenditures among elderly
beneficiaries. 29p.
6271 Glaeser, Edward L. Learning in cities. 23p.
6220 Glaeser, Edward L. & Luttmer, Erzo F.P. The misallocation
of housing under rent control. 50p.
6277 Glied, Sherry & Stabile, Mark. Avoiding health insurance
crowd-out: evidence from the Medicare as secondary payer
legislation. 41p.
6276 Glied, Sherry & Stabile, Mark. Graduation to health
insurance coverage: 1981-1996. 23p.
6243 Griffin, John M. & Stulz, Rene M. International competition
and exchange rate shocks: a cross-country industry analysis
of stock returns. 41p.
6211 Grossman, Gene M. & Maggi, Giovanni. Free trade vs.
strategic trade: a peek into Pandora's box. 28p.
6213 Hall, Brian J. & Liebman, Jeffrey B. Are CEOs really paid
like bureaucrats?. 58p.
PAGE 95
6278 Hart, Oliver, et al. A new bankruptcy procedure that uses
multiple auctions. 19p.
6260 Hausman, Jerry. Taxation by telecommunications regulation.
26p.
6245 Hubbard, Thomas N. Consumer beliefs and buyer and seller
behavior in the vehicle inspection market. 34p.
6239 Irwin, Douglas A. Higher tariffs, lower revenues?:
analyzing the fiscal aspects of the "Great Tariff Debate of
1888". 23p.
6258 Jeanne, Olivier. Generating real persistent effects of
monetary shocks: how much nominal rigidity do we really
need?. 35p.
6285 Jones, Charles I. Population and ideas: a theory of
endogenous growth. 27p.
6284 Jones, Charles I. The upcoming slowdown in U.S. economic
growth. 37p.
6238 Kang, Jun-Koo & Stulz, Rene M. Is bank-centered corporate
governance worth it?: a cross-sectional analysis of the
performance of Japanese firms... 25p.
6251 Kaplow, Louis & Shavell, Steven. On the superiority of
corrective taxes to quantity regulation. 17p.
6261 Kessler, Daniel P. & Piehl, Anne M. The role of discretion
in the criminal justice system. 36p.
6210 Lamont, Owen, Polk, Christopher & Saa-Requejo, Jesus.
Financial constraints and stock returns. 49p.
6215 La Porta, Rafael & Lopez-de-Silanes, Florencio. The
benefits of privatization: evidence from Mexico. 47p.
6257 Lo, Andrew W., MacKinlay, A. Craig & Zhang, June.
Econometric models of limit-order executions. 62p.
6231 Markusen, James R. Trade versus investment liberalization.
26p.
6241 Markusen, James R. & Venables, Anthony J. Foreign direct
investment as a catalyst for industrial development. 29p.
6232 Markusen, James R. & Zahniser, Stephen. Liberalization and
incentives for labor migration: theory with applications to
NAFTA. 45p.
6240 Moore, James F. & Mitchell, Olivia S. Protected retirement
wealth and savings adequacy in the Health and Retirement
Study. 41p.
6233 Obstfeld, Maurice. A strategy for launching the Euro. 46p.
6234 Opler, Tim, et al. The determinants and implications of
corporate cash holdings. 51p.
6225 Philipson, Tomas & Zanjani, George. Consumption vs.
production of insurance. 44p.
6259 Polinsky, A. Mitchell & Shavell, Steven. On the disutility
and discounting of imprisonment and the theory of
deterrence. 23p.
6263 Poterba, James M. The rate of return to corporate capital
and factor shares: new estimates using revised national
income accounts... 45p.
6237 Poterba, James M. & Rueben, Kim S. State fiscal
institutions and the U.S. municipal bond market. 40p.
6274 Rajan, Raghuram G. & Zingales, Luigi. Power in a theory of
the firm. 44p.
PAGE 96
6283 Ramey, Valerie A. & Shapiro, Matthew D. Costly capital
reallocation and the effects of government spending. 64p.
6222 Rosenberg, Joshua V. & Engle, Robert F. Option hedging
using empirical pricing kernels. 35p.
6252 Sala-i-Martin, Xavier. I just ran four million regressions.
21p.
6219 Samwick, Andrew A. Discount rate heterogeneity and social
security reform. 49p.
6229 Sinn, Hans Werner. The value of children and immigrants in
a pay-as-you-go pension system: a proposal for a partial
transition... 22p.
6262 Slaughter, Matthew J. International trade and labor-demand
elasticities. 46p.
6209 Trefler, Daniel. Immigrants and natives in general
equilibrium trade models. 38p.
6256 Wei, Shang-Jin & Kim, Jungshik. The big players in the
foreign exchange market: do they trade on information or
noise?. 25p.
6255 Wei, Shang-Jin. Why is corruption so much more taxing than
tax?: arbitrariness kills. 24p.
6244 Williamson, Jeffrey G. Growth, distribution and demography:
some lessons from history. 44p.
6269 Wolfram, Catherine D. Strategic bidding in a multi-unit
auction: an empirical analysis of bids to supply electricity
in England & Wales. 54p.
6230 Zarnowitz, Victor. Business cycles observed and assessed:
why and how they matter. 30p.
6273 Zingales, Luigi. Survival of the fittest or the fattest?:
exit and financing in the trucking industry. 48p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Technical Papers.
179 Goodhart, Charles, Ito, Takatoshi & Payne, Richard. One day
in June, 1993: a study of the working of Reuters 2000-2
electronic foreign exchange trading system. 55p.
152 West, Kenneth D. & Cho, Dongchul. The predictive ability of
several models of exchange rate volatility. 49p.
128 West, Kenneth D., Edison, Hali J. & Cho, Dongchul. A
utility based comparison of some models of exchange rate
volatility. 45p.
NATIONAL OPINION RESEARCH CENTER. Population Research Center.
97-3 Han, Song & Mulligan, Casey B. Human capital,
heterogeneity, and the estimation of degrees of
intergenerational mobility. 38p.
97-1 Mulligan, Casey B. The demand for money by firms: some
additional empirical results. 50p.
9514 Mulligan, Casey B. Economic and biological approaches to
inheritance: some evidence. 48p.
9511 Mulligan, Casey B. The intertemporal substitution of work:
what does the evidence say?. 58p.
94-9 Tienda, Marta & Singer, Audrey. Wage mobility of
undocumented workers in the United States. 45p.
PAGE 97
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
90 Ahmad, Munir & Battese, George E. A probit analysis of the
incidence of the cotton leaf curl virus in Punjab, Pakistan.
20p.
94 Chotikapanich, Duangkamon & Griffiths, William E. The
sensitivity of consumer surplus estimation to functional
form specification. 18p.
91 Conlon, Bernard. An analysis of attendance at voluntary
residential schools. 14p.
95 Doran, Howard E. & Rambaldi, Alicia N. Application of
linear time-varying constraints: a different approach. 18p.
93 Griffiths, William E. & Chotikapanich, Duangkamon. Bayesian
methodology for imposing inequality constraints on a linear
expenditure system with demographic factors. 27p.
92 Rambaldi, Alicia N. & Simmons, Phil. Estimation of risk
response by Australian wheat producers. 12p.
96 Rambaldi, Alicia N. Multiple time series models and testing
for causality and exogeneity: a review. 29p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
9625 Gans, Joshua S. & Hill, Robert J. Measuring product
diversity. 8p.
9626 Hill, Robert J. Measuring inflation using spanning trees.
19p.
9624 Monadjemi, Mehdi S. International interest rates linkage:
evidence from OECD countries. 19p.
9623 Purcel, Sachi T. Optimal portfolio selection and financial
planning. 23p.
9628 Fox, Kevin & Kohli, Ulrich. GDP growth, terms-of-trade
effects and total factor productivity. 31p.
9627 Fox, Kevin J. & Hill, Robert J. Identifying outlier firms
in multiple output-multiple input efficiency models. 16p.
9629 Joyeux, Roselyne & Worner, William E. Price and exchange
rate determination between Laos and Thailand. 28p.
9631 Crosby, Mark & Olekalns, Nilss. Inflation, unemployment and
the NAIRU in Australia. 13p.
9632 Diewert, W. Erwin & Fox, Kevin J. The measurement of
inflation and welfare after tax reform. 22p.
9630 Rao, B. Bhaskara. An examination of the U.S. goods market:
Keynes 87.5% and new classicals 12.5%. 23p.
97-4 Gillman, Max. A price-theoretic construction of the general
theory. 26p.
97-6 Harcourt, Geoff C. Prof. Sir E.A.G. Robinson, 20 Nov. 1897
- 1 June 1993 (Revised draft for the Proceedings of the
British Academy). 37p.
97-1 Kingston, Geoffrey. Efficient timing of retirement. 12p.
97-2 Murray, Jane. The labour supply behaviour of Australian
lone mothers. 30p.
97-3 Murray, Jane. Policy reform options for Australian sole
parents. 21p.
97-5 Pezanis-Christou, Paul. On the impact of low-balling:
experimental results in asymmetric auctions. 35p.
PAGE 98
9720 Bajada, Christopher. Estimates of the underground economy
in Australia. 26p.
9727 Diewert, W.E. & Fox, Kevin J. Can measurement error explain
the productivity paradox?. 52p.
9725 Fox, Kevin J. Information-rich expressions for model
selection criteria. 9p.
9726 Fox, Kevin J. Open economy data sets for 18 OECD countries,
1960-1992. 25p.
9721 Harcourt, Geoff. The Kaldor legacy: reviewing Nicholas
Kaldor, "Causes of Growth and Stagnation in the World
Economy". 26p.
9724 Hill, Robert J. Conditions under which chaining reduces the
substitution bias of price and quantity indexes. 25p.
9722 Hughes, Anthony W. & King, Maxwell I. An iterative approach
to variable selection based on the Kullback-Leibler
information. 13p.
9715 Kakwani, Nanak. Economic theory of spatial costs of living
indices with application to Thailand. 20p.
9711 Kakwani, Nanak. Economies of scale in household consumption
with application to Australia. 25p.
9718 Kakwani, Nanak. Inequality, welfare and poverty: three
interrelated phenomena. 38p.
9716 Kakwani, Nanak. On measuring growth and inequality
components of changes in poverty with application to
Thailand. 17p.
9710 Kakwani, Nanak. Social cost of living indices with
applications to Thailand. 26p.
9714 Kakwani, Nanak. Welfare-based approaches to measuring real
economic growth with application to Thailand. 36p.
9712 Kakwani, Nanak & Lambert, Peter J. Measuring income tax
discrimination. 18p.
9717 Kakwani, Nanak & Lambert, Peter J. On measuring inequality
in taxation: a new approach. 9p.
9713 Kakwani, Nanak & Krongkaew, Medhi. Thailand's generational
accounts. 34p.
97-9 Monadjemi, Mehdi S. Interest rates and the exchange rate:
some international evidence. 17p.
97-8 Robertson, Peter E. Endogenous growth when unskilled labor
is abundant. 21p.
97-7 Robertson, Peter E. Transitional growth paths in developing
economies. 27p.
9719 Wurtz, Allen H. A universal upper bound on power functions.
21p.
9723 Yang, Minxian. Some properties of vector autoregressive
processes with Markov switching coefficients. 24p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9703 Altman, Edward I. Rating migration of corporate bonds:
comparative results and investment/lender implications.
42p.
9702 Bonin, John & Wachtel, Paul. Towards market-oriented
banking in the economies in transition. 29p.
9650 Boudoukh, Jacob, Richardson, Matthew & Whitelaw, Robert F.
Hedging the interest rate risk of Brady bonds. 21p.
PAGE 99
9704 Eberhart, Allan C., Altman, Edward I. & Aggarwal, Reena.
The equity performance of firms emerging from bankruptcy.
33p.
9705 Figlewski, Stephen & Gao, Bin. The Adaptive Mesh Model: a
new approach to efficient option pricing. 61p.
9651 Obertmann, Peter, Rendu, Christel & Zimmermann, Heinz.
Interest rate risk of financial corporations' equity
returns: a European perspective. 57p.
97-1 Satchell, Stephen E., Stapleton, Richard C. & Subrahmanyam,
Marti G. The pricing of marked-to-market contingent claims
in a no-arbitrage economy. 25p.
9652 Saunders, Anthony & Wilson, Berry. Bank capital structure:
charter value and diversification effects. 25p.
9648 Smith, Roy C. & Walter, Ingo. Global patterns of mergers
and acquisition activity in the financial services industry.
23p.
9649 Walter, Ingo. Universal banking: a shareholder value
perspective. 45p.
9647 Zogg-Wetter, Claudia & Zimmermann, Heinz. Arbitrage in
Swiss Market Index stock index futures: an intraday study.
24p.
97-9 Altman, Edward I. Credit risk management: the ironic
challenge in the next decade. 8p.
97-6 Berger, Allen N., et al. The effects of bank mergers and
acquisitions on small business lending. 48p.
9710 Brenner, Menachem & Eom, Young Ho. No-arbitrage option
pricing: new evidence on the validity of the martingale
property. 35p.
97-8 Goldberg, Lawrence G. & White, Lawrence J. De novo banks
and lending to small businesses: an empirical analysis.
27p.
97-7 Miura, Ryozo & Yamauchi, Hiroaki. The pricing formula for
commodity-linked bonds with stochastic convenience yields
and default risk. 35p.
9712 Altman, Edward I. Corporate bond and commercial loan
portfolio analysis. 25p.
9713 Economides, Nicholas. The incentive for non-price
discrimination by an input monopolist. 19p.
9711 Fluck, Zsuzsanna & Lynch, Anthony. Why do firms merge and
then divest: a theory of financial synergy. 36p.
9724 Allayannis, George & Ofek, Eli. Exchange rate exposure,
hedging, and the use of foreign currency derivatives. 31p.
9719 Bartov, Eli, Krinsky, Itzhak & Lee, Jason. Determinants of
alternative corporate payout mechanisms: cash-dividend
increases and open market.... 25p.
9718 Bartov, Eli, Krinsky, Itzhak & Radhakrishnan, Suresh.
Information, transaction costs, and patterns in stock
returns after earnings announcements. 33p.
9720 Bartov, Eli, Lindhal, Frederick W. & Ricks, William E.
Stock price behavior around announcements of write-offs.
32p.
9723 Berger, Philip G. & Ofek, Eli. Causes and effects of
corporate refocusing programs. 38p.
9721 Clemons, Eric K. & Weber, Bruce W. Restructuring
institutional block trading: an overview of the OptiMark
system. 10p.
PAGE 100
9722 Ofek, Eli & Yermack, David. Taking stock: does equity-based
compensation increase managers' ownership?. 33p.
9725 Saunders, Anthony & Wilson, Berry. Bank capital and bank
structure: a comparative analysis of the U.S., U.K. and
Canada. 54p.
9717 Saunders, Anthony & Schumacher, Liliana. The determinants
of bank interest rate margins: an international study. 28p.
9716 Smith, Roy C. The European securities industry under a
single currency. 67p.
9714 Smith, Roy C. & Walter, Ingo. Risks and rewards in emerging
market investments. 23p.
9715 Walter, Ingo. The asset management industry in Europe:
competitive structure and performance under EMU. 100p.
NEW YORK UNIVERSITY. Stern School of Business.
9616 Corsetti, Giancarlo & Roubini, Nouriel. Optimal government
spending and taxation in endogenous growth models. 40p.
9702 Greene, William H. FIML estimation of sample selection
models for count data. 23p.
9701 Haskel, Jonathan & Sanchis, Amparo. A model of Farrell
inefficiency. 29p.
9703 Roubini, Nouriel & Wachtel, Paul. Current account
sustainability in transition economies. 82p.
9704 Stefanadis, Chris. Inter-temporal leverage and exclusive
supply contracts. 14p.
9705 Radner, Roy. Bounded rationality, indeterminacy, and the
managerial theory of the firm. 28p.
9706 Radner, Roy. Profit maximization with bankruptcy and
variable scale. 21p.
9708 Radner, Roy & Dutta, Prajit K. Profit maximization and the
market selection hypothesis. 42p.
9707 Radner, Roy & Van Zandt, Timothy. Real-time decentralized
processing and returns to scale. 38p.
9711 Economides, Nicholas. Trademarks. 9p.
9712 Kwoka, John E. & White, Lawrence. Manifest destiny?: the
Union Pacific-Southern Pacific merger (1996). 37p.
UNIVERSITY OF NORTH CAROLINA. Department of Economics.
9701 Rahman, M. Saif. The effect of bureaucratic inefficiency on
reform-based lending: bargaining with incomplete
information. 22p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1174r Al-Najjar, Nabil I. & Smorodinsky, Rann. Pivotal players
and the characterization of influence. 38p.
1169 Anand, Krishnan S. & Mendelson, Haim. Information and
organization for horizontal multimarket coordination. 36p.
1171 Diermeier, Daniel & Feddersen, Timothy J. Disciplined
coalitions and redistribution: the effect of the vote of
confidence procedure on legislative bargaining. 41p.
1170 Feddersen, Timothy & Pesendorfer, Wolfgang. Convicting the
innocent: the inferiority of unanimous jury verdicts. 24p.
PAGE 101
1172 O'Donoghue, Ted & Rabin, Matthew. Doing it now or later.
39p.
1168 Pesendorfer, Wolfgang & Swinkels, Jeroen M. Efficiency and
information aggregation in auctions. 30p.
1173 Swinkels, Jeroen M. Asymptotic efficiency for
discriminatory private value auctions. 31p.
1175 Swinkels, Jeroen M. Education signalling with preemptive
offers. 21p.
1167 Usabiaga-Ibanez, Carlos & Rodriguez-Lopez, Jesus. Monetary
policy announcements and lagged effects of the supply
shocks. 9p.
1166 Wolinsky, Asher. A theory of the firm with non-binding
employment contracts. 52p.
1182 Foster, Dean P. A proof of calibration via Blackwell's
approachability theorem. 5p.
1180 Foster, Dean P. & Stine, Robert A. An information theoretic
comparison of model selection criteria. 33p.
1176 Hurwicz, L. & Reiter, S. On representing classes of sets.
13p.
1184 Jackson, Matthew O. & Kalai, Ehud. False reputation in a
society of players. 21p.
1177 Jackson, Matthew O., Kalai, Ehud & Smorodinsky, Rann.
Patterns, types, and Bayesian learning. 26p.
1183 Matsuyama, Kiminori. Complementarity, instability, and
multiplicity. 36p.
1178 Milchtaich, Igal. Random-player games. 14p.
1185 O'Donoghue, Ted. A patentability requirement for sequential
innovation. 33p.
1181 O'Donoghue, Ted & Rabin, Matthew. Incentives for
procrastinators. 33p.
1179 Saari, Donald G. Explaining positional voting paradoxes I:
the simple case. 23p.
1191 Ely, Jeffrey C. & Yilankaya, Okan. Nash equilibrium and the
evolution of preferences. 19p.
1186 Jackson, Matthew O. & Brusco, Sandro. The optimal design of
a market. 36p.
1190 Lipman, Barton L. & Wang, Ruqu. Switching costs in
frequently repeated games. 25p.
1188 Marx, Leslie M. & Matthews, Steven A. Dynamic voluntary
contribution to a public project. 47p.
1189 Myerson, Roger B. Large Poisson games. 42p.
1187 Saari, Donald G. Explaining positional voting paradoxes,
II: the general case. 38p.
1196 Austen-Smith, David & Banks, Jeffrey S. Social choice
theory, game theory, and positive political theory. 42p.
1202 Dekel, Eddie, Lipman, Barton L. & Rustichini, Aldo. A
unique subjective state space for unforseen contingencies.
48p.
1195 Feddersen, Timothy J. & Pesendorfer, Wolfgang. Absention in
elections with asymmetric information and diverse
preferences. 43p.
1193 Kajii, Atsushi & Morris, Stephen. Payoff continuity in
incomplete information games. 11p.
1197 Kajii, Atsushi & Morris, Stephen. Refinements and higher
order beliefs: a unified survey. 23p.
PAGE 102
1203 Matsuyama, Kiminori. Growing through cycles. 36p.
1199 Sandroni, Alvaro. Learning, rare events, and recurrent
market crashes in frictionless economies without intrinsic
uncertainty. 20p.
1200 Sandroni, Alvaro. Reciprocity and cooperation in repeated
coordination games: the blurry belief approach. 19p.
1192 Sandroni, Alvaro. The speed of rational learning. 19p.
1201 Van Mieghem, Jan A. Investment strategies for flexible
resources. 25p.
1204 Van Mieghem, Jan A & Dada, Maqbool. Capacity investment
under demand uncertainty: price vs. quantity competition.
32p.
1194 Wolinsky, Asher. A theory of the firm with non-binding
employment contracts. 73p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
24/96 Hakonsen, Lars. Fiscal and environmental efficiency: a
trade off rather than a double dividend. 24p.
20/96 Knarvik, Karen H.M. Does it matter where you are?: the
importance of being localised in the academic world. 29p.
25/96 Knarvik, Karen H.M. Uncertain trade costs and industrial
localisation: concentration versus diversification. 27p.
21/96 Kristiansen, Eirik Gaard & Thum, Marcel. R & D incentives
in compatible networks. 25p.
23/96 Salvanes, Kjell G. Market rigidities and labour market
flexibility: an international comparison. 21p.
22/96 Salvanes, Kjell G. & Squires, Dale. Markets for production
rights: efficiency-equity trade-offs. 31p.
26/96 Brunstad, Rolf Jens, Gaasland, Ivar & Vardal, Erling.
Agricultural production and the optimal level of landscape
preservation. 15p.
27/96 Matsen, Egil & Thogersen, Oystein. Financial integration
and consumption comovements in the Nordic countries. 19p.
1/97 Osmundsen, Petter. Regulation of industry-specific
externalities under private information. 15p.
2/97 Hvide, Hans Krogh. Complementary teams, linear sharing
rules and uncertainty. 6p.
5/97 Kind, Hans Jarle. Endogenous growth and trade
liberalization between small and large countries. 29p.
4/97 Schroyen, Fred. On marginally progressive income tax
schedules. 16p.
6/97 Hakonsen, Lars. On the second-order properties of optimal
taxation: some experience from numerical models. 18p.
13/97 Gabrielsen, Tommy S. & Sorgard, Lars. Vertical restraints
in the European automobile industry. 33p.
12/97 Hagen, Rune Jansen. Political instability, political
polarisation, and public sector institutional reforms. 35p.
11/97 Hakonsen, Lars. An investigation into alternative
representations of the average and marginal cost of public
funds. 26p.
10/97 Hvide, Hans Krogh. Self-awareness, Spencian education and
performance wages. 28p.
9/97 Hvide, Hans Krogh. Self-awareness, uncertainty, and markets
with overconfidence. 21p.
PAGE 103
8/97 Sandmo, Agnar. Redistribution and the marginal cost of
public funds. 19p.
7/97 Steigum, Erling. Fiscal deficits, asset prices and
intergenerational distribution in an open unionized economy.
21p.
15/97 Gjolberg, Ole & Brunstad, Rolf J. Norway and global food
supplies: basic facts and sustainable policy options. 17p.
16/97 Knarvik, Karen H.M. & Tvedt, Jostein. The choice of trade
regime: delayed reform under productivity fluctuations and
cost of structural change. 19p.
14/97 Knarvik, Karen H.M. & Steen, Frode. Self-reinforcing
agglomerations?: an empirical industry study. 38p.
OHIO STATE UNIVERSITY. Department of Economics.
9632 Bidarkota, Prasad & McCulloch, J. Huston. Real stock
returns, non-normality, seasonality, and volatility
persistence, but no predictability. 28p.
9627 Light, Audrey. In-school work experience and the returns to
schooling. 32p.
9633 McCulloch, J. Huston. Toward numerical approximation of the
skew-stable distributions and densities. 23p.
9701 Dunn, Lucia, Chipty, Tasneem & Cosslett, Stephen.
Auctioneering strategies and the value of time in outcry
auctions. 23p.
9704 Glass, Amy J. & Saggi, Kamal. Multinational firms, labor
turnover, and technology diffusion. 26p.
9703 Hashimoto, Masanori & Miller, Ross. How do training and
early labor market experience affect the economic well being
of youth?. 24p.
9702 Light, Audrey & Omori, Yoshiaki. A competing risks hazard
model of schooling and job turnover. 27p.
9705 Ogaki, Masao. Aggregation under complete markets. 18p.
9635 Backus, David & Crucini, Mario. Oil prices and the terms of
trade. 46p.
9636 Bidarkota, Prasad. On modeling real GNP: non-normality and
non-linearity. 32p.
9629 Crucini, Mario J. On international and national dimensions
of risk sharing. 28p.
9708 Glass, Amy & Saggi, Kamal. Foreign direct investment
subsidies under shared factor markets. 27p.
9631 Glass, Amy J. & Saggi, Kamal. Innovation incentives and
wage effects of outsourcing. 32p.
9628 Light, Audrey. High school employment, high school
curriculum, and post-school wages. 27p.
9706 Ogaki, Masao & Reinhart, Carmen M. Measuring intertemporal
substitution: the role of durable goods. 39p.
9634 Viard, Alan D. How forecastable is consumption growth?: new
evidence on the Hall random walk hypothesis. 26p.
9707 Viard, Alan D. The incidence and asset pricing effects of
realization-based capital gains taxes revised. 30p.
9709 Glass, Amy. Costly R & D and intellectual property rights
protection. 23p.
9619 Ichiishi, Tatsuro & Idzik, Adam. Equitable allocation of
divisible goods and market allocation of indivisible goods.
20p.
PAGE 104
OSAKA UNIVERSITY. Institute of Social and Economic Research.
426 Brunello, Giorgio. Does centralized bargaining reduce
individual effort?. 27p.
427 Brunello, Giorgio & Ishikawa, Tsuneo. Education, training
and labour market structure: Italy and Japan in comparative
perspective. 63p.
424 Chipty, Tasneem & Snyder, Christopher M. Buyer size and
bargaining power. 37p.
428 Lundesgaard, Jon. Team production, kinked schemes, and
communication: on budgeting when linearity holds. 38p.
425 Tsuneki, Atsushi. The trading mechanisms for tort
liability. 14p.
438 Lahiri, Sajal & Ono, Yoshiyasu. Foreign direct investment,
local content requirement, and profit taxation. 20p.
440 Ohtake, Fumio & Saito, Makoto. Population aging and
consumption inequality. 29p.
441 Saijo, Tatsuyoshi, et al. Emergence of cooperation. 129p.
439 Suzumura, Kotaro. Consequences, opportunities, and
procedures. 30p.
437 Suzumura, Kotaro. Partial welfare judgements as
preliminaries for rational social choice. 25p.
432 Brunello, Giorgio & Colussi, Aldo. The employer size-wage
effect: evidence from Italy. 29p.
443 Chern, Wen S. & Zuo, Jun. Impacts of changing health
information of fat and cholesterol on consumer demand:
application of new indexes. 35p.
434 Hildreth, Andrew K.G. & Ohtake, Fumio. Labor demand and the
structure of adjustment costs in Japan. 36p.
442 Ikeda, Shinsuke & Gombi, Ichiro. Habits, costly investment,
and current account dynamics. 24p.
433 Itoh, Hideshi & Teruyama, Hiroshi. Effort incentives:
evidence from Japanese data. 25p.
446 Kidokoro, Yukihiro. Rate-of-return regulation, price-cap
regulation, and quality. 33p.
429 Mumy, Gene E. Adverse selection in clubs and the demand for
nondiscriminatory equal access policies vs. quotas. 28p.
436 Ogawa, Kazuo & Suzuki, Kazuyuki. Uncertainty and
investment: some evidence from the panel data of Japanese
manufacturing firms. 38p.
435 Ohkusa, Yasushi & Ohtake, Fumio. The productivity effects
of information sharing, profit-sharing and employee stock
ownership plans. 23p.
444 Okazaki, Tetsuji & Okuno-Fujiwara, Masahiro. Evolution of
economic systems: the case of Japan. 59p.
445 Saijo, Tatsuyoshi & Yamato, Takehiro. Fundamental
difficulties in the provision of public goods: `A solution
to the free-rider problem' 20 years after. 32p.
UNIVERSITY OF OTTAWA. Department of Economics.
9701 Grafton, R. Quentin. Private, community, and state
property: achieving the "right mix". 18p.
PAGE 105
9610 Grenier, Gilles. Linguistic and economic characteristics of
Francophone minorities in Canada: a comparison of Ontario
and New Brunsw. 18p.
9609 Seccareccia, Mario. Pricing, investment and the financing
of production within the framework of the monetary circuit:
some preliminary . 30p.
9706 Barham, Vicky, Devlin, Rose Anne & LaCasse, Chantale. An
evaluation of the new child support guidelines: good news
and bad news. 44p.
9707 Devlin, Rose Anne. No-fault automobile insurance and
accident severity: lessons still to be learned. 24p.
9703 Grafton, R. Quentin & Lane, Daniel E. Canadian fisheries
policy: challenges and choices. 31p.
9705 Grafton, R. Quentin, Hazeldine, Tim & Buchardt, Bruce. The
New Zealand economic revolution: lessons for Canada?. 38p.
9704 Grafton, R. Quentin, Lynch, Robert W. & Nelson, Harry W.
The role of rent and forest policy in the British Columbia
strumpage system. 17p.
9702 Seccareccia, Mario. Wicksellian norm and macroeconomic
performance: the Canadian experience with zero-inflation
policy. 29p.
UNIVERSITY OF OXFORD. Nuffield College.
122 Bulow, Jeremy & Klemperer, Paul. The generalized war of
attrition. 24p.
121 Bulow, Jeremy, Huang, Ming & Klemperer, Paul. Toeholds and
takeovers. 36p.
123 Muellbauer, John. Income persistence and macro policy
feedbacks in the U.S. 47p.
128 Mason, Robin. An options-based model of equilibrium credit
rationing. 19p.
126 Morris, Stephen & Shin, Hyun Song. Unique equilibrium in a
model of self-fulfilling currency attacks. 29p.
125 Muellbauer, John & Murphy, Anthony. Booms and busts in the
U.K. housing market. 35p.
127 Quah, John K.H. The monotonicity of individual and market
demand. 28p.
124 Shin, Hyun Song. Adversarial and inquisitorial procedures
in arbitration. 21p.
129 Mason, Robin. Dynamic pollution games. 25p.
132 Mason, Robin & Swanson, Timothy. Entry deterrence and
environmental regulation. 33p.
130 Myatt, David P. & Wallace, Chris. Adaptive dynamics with
payoff heterogeneity. 42p.
131 Nielsen, Bent. Asymptotic results for cointegration tests
in non-stable cases. 33p.
133 Nielsen, Bent. On the distribution of tests for
cointegration rank. 34p.
135 Breen, Richard & Garcia-Penalosa, Cecilia. A rational
learning model of gender segregation in labour markets.
44p.
134 Klemperer, Paul. Almost common value auctions: the "wallet
game" and its applications to takeover battles and airwaves
auctions. 16p.
PAGE 106
137 Mukerji, Sujoy & Shin, Hyun Song. Equilibrium departures
from common knowledge in games with non-additive expected
utility. 24p.
136 Nielsen, Bent. A significant test in bivariate canonical
correlation analysis. 24p.
138 Pitt, Michael K. & Shephard, Neil. Filerting via
simulation: auxiliary particle filters. 41p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9609 Lagos, Ricardo A. An alternative approach to market
frictions: an application to the market for taxicab rides.
57p.
9610 Lagunoff, Roger & Matsui, Akihiko. Asynchronous choice in
repeated coordination games. 13p.
9701 Morris, Stephen. Contagion. 38p.
9702 Morris, Stephen. Interaction games: a unified analysis of
incomplete information, local interaction and random
matching. 31p.
9704 Friedman, Joseph & Shachmurove, Yochanan. Using vector
autoregression models to analyze the behavior of the
European Community stock markets. 31p.
9703 Shachmurove, Yochanan. The premium in black dollar markets.
29p.
9711 Anderlini, Luca & Felli, Leonardo. Costly Coasian
contracts. 56p.
9713 Fishman, Arthur & Rob, Rafael. An equilibrium model of firm
growth and industry dynamics. 26p.
9712 Fishman, Arthur & Rob, Rafael. Experimentation and
competition. 27p.
9710 Gandal, Neil, Kende, Michael & Rob, Rafael. The dynamics of
technological adoption in hardware/software: the case of
compact disc players. 33p.
9705 Gradstein, Mark & Justman, Moshe. Democratic choice of an
education system: implications for growth and income
distribution. 29p.
9714 Postlewaite, Andrew. The social basis of interdependent
preferences. 16p.
9709 Rob, Rafael & Zemsky, Peter. Cooperation, corporate culture
and incentive intensity. 30p.
9706 Shachmurove, Yochanan. Formulating optimal portfolios in
South American stock markets. 31p.
9708 Shachmurove, Yochanan. Portfolio analysis of Latin American
stock markets. 28p.
9707 Shachmurove, Yochanan, Fishman, Gideon & Hakim, Simon. The
burglar as a rational economic agent. 15p.
UNIVERSITY OF PENNSYLVANIA. Institute for Economic Research.
9702 Coate, Stephen & Morris, Stephen. Policy persistence. 21p.
9703 Cole, Harold L., Mailath, George J. & Postlewaite, Andrew.
Class systems and the enforcement of social norms. 21p.
9701 Cuadras-Morato, Xavier & Wright, Randall. On money as a
medium of exchange when goods vary by supply and demand.
37p.
PAGE 107
9705 Keane, Michael P. & Wolpin, Kenneth. Eliminating race
differences in school attainment and labor market success.
47p.
9706 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Correlated equilibria and local interactions. 7p.
9704 Perli, Roberto. Indeterminacy, home production, and the
business cycle: a calibrated analysis. 24p.
9710 Adams, F. Gerald & Prazmowski, Peter A. Why are savings
rates in East Asia so high?: reviving the life cycle
hypothesis. 16p.
9713 Coate, Stephen & Morris, Stephen. Policy conditionality.
19p.
9709 Cole, Melvyn & Wright, Randall. A dynamic equilibrium model
of search, bargaining, and money. 40p.
9711 Mailath, George J., Samuelson, Larry & Swinkels, Jeroen M.
How proper is sequential equilibrium?. 24p.
9708 Morris, Stephen & Shin, Hyun Song. Approximate common
knowledge and coordination: recent lessons from game theory.
26p.
9712 Morris, Stephen & Shin, Hyun Song. Unique equilibrium in a
model of self-fulfilling currency attacks. 25p.
9707 Velde, Francois R., Weber, Warren E. & Wright, Randall. A
model of commodity money, with applications to Gresham's Law
and the debasement puzzle. 37p.
9721 Alderman, Harold, et al. Child nutrition, child health, and
school enrollment: a longitudinal analysis. 34p.
9717 Christoffersen, Peter F. & Diebold, Francis X.
Cointegration and long-horizon forcasting. 34p.
9720 Christoffersen, Peter F. & Diebold, Francis X. Optimal
prediction under asymmetric loss. 16p.
9718 Diebold, Francis X., Gunther, Todd A. & Tay, Anthony S.
Evaluating density forecasts. 17p.
9719 Diebold, Francis X. & Kilian, Lutz. Measuring
predictability: theory and macroeconomic applications. 49p.
9714 Li, Yiting & Wright, Randall. Policy analysis in
search-based models of money. 37p.
9716 Rupert, Peter, Rogerson, Richard & Wright, Randall.
Homework in labor economics: household production and
intertemporal substitution. 37p.
9715 Trejos, Alberto & Wright, Randall. Toward a theory of
international currency: a step further. 33p.
9723 Behrman, Jere R. & Lavy, Victor. Child health and schooling
achievement: association, causality and household
allocations. 24p.
9722 Behrman, Jere R. & Knowles, James C. How strongly is child
schooling associated with household income?. 37p.
9728 Altissimo, Filippo & Corradi, Valentina. A law of the
iterated logarithm (LIL) for m-estimators and applications
to hypothesis testing with nuisance paramet. 52p.
9725 Behrman, Jere R. Mother's schooling and child education: a
survey. 58p.
9724 Behrman, Jere R., et al. Women's schooling, home teaching,
and economic growth. 52p.
9726 Corradi, Valentina & Swanson, Norman R. Choosing between
levels and logs in the presence of deterministic and
stochastic trends. 39p.
PAGE 108
9727 Corradi, Valentina. Deciding between I(0) and I(1) via
functional law of the iterated logarithm (FLIL)-based
bounds. 30p.
9739 Adams, F. Gerald & Shachmurove, Yochanan. Evidence of the
correlation between trade and development in the East Asian
emerging economies. 32p.
9733 Corradi, Valentina. Degenerate continuous time limits of
GARCH and GARCH-type processes. 28p.
9734 Corradi, Valentina & Sarin, Rajiv. Continuous
approximations of stochastic evolutionary game dynamics.
32p.
9731 Diebold, Francis X. Macroeconomic forecasting is alive and
well. 29p.
9730 Diebold, Francis X., et al. Converting 1-day volatility to
h-day volatility: scaling by square root of h is worse than
you think. 15p.
9729 Diebold, Francis X., Ohanian, Lee E. & Berkowitz, Jeremy.
Dynamic equilibrium economies: a framework for comparing
models and data. 59p.
9732 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
9737 Foster, Andrew, Rosenzweig, Mark & Behrman, Jere R.
Population growth, income growth and deforestation:
management of village common land in India. 37p.
9736 Gong, Fangxiong & Mariano, Robert S. Stock market returns
and economic fundamentals in an emerging market: the case of
Korea. 33p.
9738 Kocagil, Ahmet E. & Shachmurove, Yochanan. Information
flow, trading and efficiency in futures markets. 37p.
9735 Tanizaki, Hisashi & Mariano, Robert S. Nonlinear and
non-Gaussian state-space modeling with Monte-Carlo
simulations. 32p.
9743 Besley, Timothy & Coate, Stephen. Analyzing the case for
government intervention in a representative democracy. 57p.
9742 Besley, Timothy & Coate, Stephen. Lobbying and welfare in a
representative democracy. 61p.
9741 Coate, Stephen. Distribution policy making as a source of
inefficiency in representative democracies. 55p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
166 Canova, Fabio & Ortega, Eva. Testing calibrated general
equilibrium models. 32p.
168 Cubeddu, Luis M. The intra-generational redistributive
effects of social security. 32p.
175 Freixas, Xavier & Gabillon, Emmanuelle. Optimal regulation
of a fully insured deposit banking system. 44p.
174 Gambardella, Alfonso & Garcia-Fontes, Walter. European
research funding and regional technological capabilities:
network composition analysis. 33p.
173 Garcia-Fontes, Walter, Tansini, Ruben & Vaillant, Marcel.
Trade liberalization in Uruguay: domestic and foreign firms.
26p.
169 Gossner, Olivier. Comparison of information structures.
16p.
PAGE 109
170 Marcet, Albert, Sargent, Thomas J. & Seppala, Juha. Optimal
taxation without state-contingent debt. 29p.
171 Paradis, Jaume, Biblioni, Lluis & Viader, Pelegri.
Approximation of quadratic irrationals and their Pierce
expansions. 10p.
167 Serrano, Roberto & Shimomura, Ken-Ichi. An axiomatization
of the prekernel of nontransferable utility games. 18p.
172 van Wincoop, Eric & Marrinan, Jane. Public and private
saving and investment. 47p.
179 Cabrales, Antonio. Adaptive dynamics and the implementation
problem with complete information. 25p.
182 Cordella, Tito & Foucault, Thierry. Minimum price
variations, time priority and quotes dynamics. 43p.
178 Dagan, Nir, Serrano, Roberto & Volij, Oscar. Bargaining,
coalitions and competition. 26p.
177 Marianov, Vladimir & Serra, Daniel. Probabilistic maximal
covering location - allocation models with constrained
waiting time or queue length for conge. 36p.
183 Satorra, Albert. Fusion of data sets in multivariate linear
regression with errors-in-variables. 14p.
180 Serra, Daniel & Marianov, Vladimir. The P-median problem in
a changing network; the case of Barcelona. 15p.
186 Ventura, Eva. Nonlinear models and small sample performance
of the generalized method of moments. 45p.
185 Vriend, Nicolaas J. Does reasoning enhance learning?. 11p.
184 Vriend, Nicolaas J. A model of market-making. 22p.
188 Canova, Fabio & Marrinan, Jane. Sources and propagation of
international cycles: common shocks or transmission?. 40p.
196 Chemla, Gilles & Faure-Grimaud, Antoine. Dynamic adverse
selection and debt. 32p.
194 Ciccone, Antonio. Externalities and interdependent growth:
theory and evidence. 26p.
195 Ciccone, Antonio. Falling real wages during an Industrial
Revolution. 24p.
192 Dow, William H., et al. Health investment complementarities
under competing risks. 23p.
189 Greenacre, Michael. An adaptation of correspondence
analysis for square tables. 16p.
187 Marrinan, Jane. Government consumption and private
consumption correlations. 31p.
193 Moreno, Manuel. A two-mean reverting-factor model of the
term structure of interest rates. 65p.
191 Moreno, Manuel & Pena, Juan Ignacio. On the term structure
of interbank interest rates: jump-diffusion processes and
option pricing. 28p.
190 van Damme, Eric & Hurkens, Sjaak. Endogenous Stackelberg
leadership. 33p.
212 Acemoglu, Daron & Zilibotti, Fabrizio. Setting standards:
information accumulation in development. 44p.
197 Antos, Andras & Lugosi, Gabor. Strong minimax lower bounds
for learning. 24p.
198 Bartlett, Peter, Linder, Tamas & Lugosi, Gabor. The minimax
distortion redundancy in empirical quantizer design. 24p.
202 Bertocchi, Graziella & Canova, Fabio. Did colonization
matter for growth?: an empirical exploration into the
historical causes of Africa's underdevelopme. 30p.
PAGE 110
204 Canova, Fabio & Ubide, Angel J. International business
cycles, financial markets and household production. 32p.
203 Canova, Fabio & De Nicolo, Gianni. Stock returns, term
structure, inflation and real activity: an international
perspective. 36p.
210 Delicado, Pedro & Placencia, Iolanda. Comparing and
validating hypothesis test procedures: graphical and
numerical tools. 19p.
213 Delicado, Pedro & Justel, Ana. Forecasting with missing
data: application to a real case. 18p.
207 Garcia-Mila, Teresa & McGuire, Therese J. Do interregional
transfers improve the economic performance of poor regions?:
the case of Spain. 43p.
200 Hart, Sergiu & Mas-Colell, Andreu. A simple adaptive
procedure leading to correlated equilibrium. 65p.
199 Horvath, Marta & Lugosi, Gabor. A data-dependent Skelton
estimate and a scale sensitive dimension for classification.
16p.
206 Kulkarni, Sanjeev R. & Lugosi, Gabor. Minimax bounds for
the two-armed bandit problem. 8p.
211 Marimon, Ramon & Zilibotti, Fabrizio. Unemployment vs.
mismatch of talents: reconsidering unemployment benefits.
46p.
205 Motta, Massimo. Advertising bans. 53p.
209 Rodriguez, Gustavo. Auctions of licenses and market
structure. 19p.
208 Rodriguez, Gustavo. First price auctions: monotonicity and
uniqueness. 16p.
201 Sala-i-Martin, Xavier. I just ran four million regressions.
21p.
221 Cabrales, Antonio & Ponti, Giovanni. Implementation,
elimination of weakly dominated strategies and evolutionary
dynamics. 35p.
222 Cabrales, Antonio, Garcia-Fontes, Walter & Motta, Massimo.
Risk dominance selects the leader: an experimental analysis.
41p.
220 Carreras, Miquel & Serra, Daniel. On optimal location with
threshold requirements. 25p.
217 Dagan, Mir & Serrano, Roberto. Invariance and randomness in
the Nash program for coalitional games. 11p.
214 Dalmau-Matarrodona, Eulalia & Puig-Junoy, Jaume. Market
structure and hospital efficiency: evaluating potential
effects of deregulation. 31p.
219 Serra, Daniel & ReVelle, Charles. Competitive location and
pricing on networks. 41p.
216 Shioji, Etsuro. Identifying monetary policy shocks in
Japan. 29p.
215 Shioji, Etsuro. Spanish monetary policy: a structural VAR
analysis. 26p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
77 Branco, Fernando. Sequential auctions with synergies: an
example. 26p.
PAGE 111
73 Correia, Isabel H. Distributional effects of the
elimination of capital taxation. 10p.
75 Correia, Isabel H. Fiscal rules of income transformation.
11p.
74 Correia, Isabel H. On the efficiency and equity trade-off.
23p.
79 Engerman, Stanley L. & Neves, Joao Cesar das. The bricks of
an empire 1415-1999: 585 years of Portuguese emigration.
42p.
78 Neves, Joao Cesar das. Aristotle and the theories of value
and money. 24p.
72 Martins, Ana Paula. Migration and mobility in dualistic
models: an analytical survey with some extensions. 53p.
82 Marimon, Ramon, Nicolini, Juan Pablo & Teles, Pedro.
Electronic money: the end of inflation?. 33p.
81 Martins, Ana Paula. Bilateral mobility and unemployment
dynamics in dualistic models. 40p.
83 Martins, Ana Paula. Modelling degree of converage or size
of the informal sector in dualistic models. 43p.
86 Martins, Ana Paula & Coimbra, Rui. Efficient union
contracts in the presence of homogeneous labor. 27p.
85 Martins, Ana Paula & Coimbra, Rui. Union oligopoly and
entry in the presence of homogeneous labor. 38p.
84 Martins, Ana Paula & Coimbra, Rui. Union duopoly with
homogeneous labor. 37p.
PRINCETON UNIVERSITY. Industrial Relations Section.
368 Card, David. Immigrant inflows, native outflows, and the
local labor market impacts of higher immigration. 65p.
373 Carroll, Robert, et al. Income taxes and entrepreneurs' use
of labor. 31p.
372 Chay, Kenneth Y. & Lee, David S. Changes in relative wages
in the 1980s: returns to observed and unobserved skills &
black-white wage differentials. 59p.
370 Krueger, Alan B. & Levy, Helen. Accounting for the slowdown
in employer health care costs. 24p.
371 Rouse, Cecilia E. Private school vouchers and student
achievement: an evaluation of the Milwaukee parental choice
program. 44p.
369 Shore-Sheppard, Lara. The effect of expanding Medicaid
eligibility on the distribution of children's health
insurance coverage. 40p.
374 Shore-Sheppard, Lara. The precision of instrumental
variables estimates with grouped data. 25p.
376 Goldin, Claudia & Rouse, Cecilia. Orchestrating
impartiality: the impact of "blind" auditions on female
musicians. 44p.
375 Krueger, Alan B. Labor market shifts and the price puzzle
revisited. 29p.
377 Autor, David H., Katz, Lawrence F. & Krueger, Alan B.
Computing inequality: have computers changed the labor
market?. 56p.
378 Gronau, Reuben & Regev, Haim. The demand for labor and job
turnover: Israeli manufacturing, 1970-1994. 37p.
PAGE 112
380 Card, David, Robins, Philip K. & Lin, Winston. Would
financial incentives for leaving welfare lead some people to
stay on welfare longer?. 53p.
381 Dahl, Gordon B. Mobility and the return to education:
testing a Roy model with multiple markets. 78p.
379 Krueger, Alan B. Experimental estimates of education
production functions. 50p.
386 Card, David & Lemieux, Thomas. Adapting to circumstances:
the evolution of work, school, and living arrangements among
North American youth. 65p.
387 Card, David & Payne, A. Abigail. School finance reform, the
distribution of school spending, and the distribution of SAT
scores. 54p.
382 Farber, Henry S. The changing face of job loss in the
United States, 1981-1995. 79p.
385 Farber, Henry S. Job creation in the United States: good
jobs or bad?. 57p.
384 Farber, Henry S. Trends in long term employment in the
United States, 1979-1996. 38p.
383 Oettinger, Gerald S. Daily labor supply of stadium vendors:
an empirical analysis of participation and effort decisions.
47p.
388 Rouse, Cecilia E. Further estimates of the economic return
to schooling from a new sample of twins. 17p.
203 Crockett, Andrew. The theory and practice of financial
stability. 48p.
389 Fuchs, Victor R., Krueger, Alan B. & Poterba, James M. Why
do economists disagree about policy?: the roles of beliefs
about parameters and values. 49p.
390 Krueger, Alan B. & Pischke, Jorn-Steffen. Observations and
conjectures on the U.S. employment miracle. 38p.
393 Card, David & Krueger, Alan B. A reanalysis of the effect
of the NJ minimum wage increase on the fast food industry w/
representative payroll data. 44p.
391 Farber, Henry S. Alternative employment arrangements as a
response to job loss. 61p.
392 Krueger, Alan B. & Siskind, Aaron. Assessing bias in the
consumer price index from survey data. 21p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
200 Kenen, Peter B., ed. From Halifax to Lyons: what has been
done about crisis management?. 77p.
201 Pauly, Louis W. The League of Nations and the foreshadowing
of the International Monetary Fund. 47p.
202 James, Harold. Monetary and fiscal unification in 19th
century Germany: what can Kohl learn from Bismarck?. 38p.
204 Cohen, Benjamin J. The financial support fund of the OECD:
a failed initiative. 31p.
PRINCETON UNIVERSITY. International Finance Section-Studies.
81 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
sustainability. 73p.
PAGE 113
82 Agenor, Pierre-Richard. Capital market imperfections and
the macroeconomic dynamics of small indebted economies.
59p.
83 Bowe, Michael & Dean, James W. Has the market solved the
sovereign debt crisis?. 66p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
186 Baye, Michael R. & Morgan, John. Necessary and sufficient
conditions for existence and uniqueness of Bertrand paradox
outcomes. 10p.
188 Brenner, David & Morgan, John. The Vickrey-Clarke-Groves
versus the simultaneous ascending auction: an experimental
approach. 21p.
184 Krishna, Vijay & Morgan, John. (Anti-) competitive effects
of joint bidding and bidder restriction. 19p.
187 Morgan, John & Stocken, Phillip. The effects of endogenous
information acquisition about business risk on audit
pricing. 25p.
183 Morgan, John. Financing public goods by means of lotteries.
29p.
185 Morgan, John & Sefton, Martin. Funding public goods with
lotteries: experimental evidence. 23p.
190 Grossman, Gene & Maggi, Giovanni. Free trade vs. strategic
trade: a peek into Pandora's box. 29p.
189 Maggi, Giovanni. Strategic trade policy under incomplete
information. 31p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Prog. in Development.
177 Case, Anne. Election goals and income redistribution:
recent evidence from Albania. 33p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1091 Matheny, Kenneth J. Money, human capital, and business
cycles: a modern Phillips curve style trade off. 30p.
1092 Matheny, Kenneth J. Output targeting and an argument for
stabilization policies. 22p.
1093 Matheny, Kenneth J. The relevance of open market operations
as a monetary policy tool. 36p.
1095 Baye, Michael R., Kovenock, Dan & de Vries, Casper G. The
incidence of overdissipation in rent-seeking contests. 27p.
1094 Moore, James C., Novshek, William & U, Peter Lee. On the
voluntary provision of public goods. 34p.
1096 Novshek, William & Thoman, Lynda. Capacity choice and
duopoly incentives for information sharing. 42p.
1097 Choudhary, Vidyanand, Tomak, Kerem & Chaturvedi, Alok.
Economic benefits of renting software. 40p.
1098 Chiang, Jeongwen & Robinson, William T. Do market pioneers
maintain their innovative spark over time?. 39p.
1099 Hueckel, Glenn. Labor command in "The Wealth of Nations": a
search for "system". 62p.
1100 Hueckel, Glenn. Smith's uniform "toil and trouble": a "vain
subtlety?". 21p.
PAGE 114
1107 Kumar, Piyush, Kalwani, Manohar U. & Dada, Maqbool. The
impact of waiting time guarantees on customer's waiting
experiences. 44p.
1109 Smith, Keith V. Portfolio analysis of brokerage firm
recommendations. 22p.
UNIVERSITE DU QUEBEC A MONTREAL. Dept. des Sciences Economiques.
9602 Demougin, Dominique & Fluet, Claude. Mechanism sufficient
statistic in the risk neutral agency problem. 17p.
9601 Fluet, Claude & Pannequin, Francois. Complete vs.
incomplete insurance contracts under adverse selection with
multiple risks. 23p.
QUEEN'S UNIVERSITY. Institute for Economic Research.
938 Auld, M. Christopher. Choices, beliefs, and infectious
disease dynamics. 45p.
942 Boadway, Robin, Marchand, Maurice & Sato, Motohiro.
Subsidies versus public provision of private goods as
instruments for redistribution. 26p.
939 Jin, Xing & Milne, Frank. The existence of equilibrium in a
financial market with general personal and corporate tax
structures. 23p.
941 Mitsui, Kiyoshi & Sato, Motohiro. Ex ante free mobility, ex
post immobility, and time-consistent policy in a federal
system. 48p.
943 Sato, Motohiro. A second best theory of a fiscal federal
system. 26p.
948 Bedard, Kelly, et al. Standardized mortality ratios in
capitation funding models: empirical issues from Canadian
data. 30p.
950 Lewis, Frank D. & Urquhart, M.C. Growth and the standard of
living in a pioneer economy: Upper Canada, 1826 to 1851.
61p.
960 Cao, Melanie. Equilibrium valuation of currency options in
a small open economy. 37p.
961 Cao, Melanie. Equilibrium valuation of options on the
market portfolio with stochastic volatility and return
predictability. 32p.
958 Obstfeld, Maurice. Open-economy macroeconomics:
developments in theory and policy. 35p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
430 Campbell, Jeffrey R. & Fisher, Jonas D.M. Aggregate
employment fluctuations with microeconomic asymmetries.
28p.
436 Clarke, George R.G. & Strauss, Robert P. Effects of the
federal individual income tax on marriage and divorce
decisions. 61p.
435 Greenwood, Jeremy. The third Industrial Revolution. 21p.
429 Greenwood, Jeremy & Yorukoglu, Mehmet. 1974. 35p.
432 Jones, Ronald W. Vertical markets in international trade.
38p.
PAGE 115
434 Kahn, James A. Education, political instability, and
growth. 28p.
433 Kahn, James A. & Lim, Jong-Soo. Finite horizons, political
economy, and growth. 34p.
431 Thomson, William. Monotonic extensions on economic domains.
22p.
439 Albuquerque, Rui & Hopenhayn, Hugo A. Optimal dynamic
lending contracts with imperfect enforceability. 37p.
440 Engerman, Stanley L. & das Neves, Joao Cesar. The bricks of
an empire 1415-1999: 585 years of Portuguese emigration.
42p.
437 Kahn, James A. & Lim, Jong-Soo. Skilled labor-augmenting
technical progress in U.S. manufacturing. 41p.
438 Kongsamut, Piyaba, Rebelo, Sergio & Xie, Danyang. Beyond
balanced growth. 56p.
444 Cooley, Thomas F., Greenwood, Jeremy & Yorukoglu, Mehmet.
The replacement problem. 39p.
442 Hodgson, Douglas J. Semiparametric efficient estimation in
time series. 40p.
443 Rebelo, Sergio. On the determinants of economic growth.
23p.
441 Rebelo, Sergio. What happens when countries peg their
exchange rates? (The real side of monetary reforms). 40p.
445 Thomson, William. On the axiomatic method, part I: a user's
guide. 41p.
446 Thomson, William. On the axiomatic method, part II: its
scope and recent applications to game theory and resource
allocation. 45p.
UNIVERSITY OF ROCHESTER. Wallis Inst. of Political Economy.
8 Hanushek, Eric A. The productivity collapse in schools.
13p.
9 Duggan, John. Repeated elections with asymmetric
information. 32p.
10 Hanushek, Eric A. The evidence on class size. 23p.
UNIVERSITA DI ROMA. Centro Interdipartimentale di Economia Int'l.
14 De Arcangelis, Giuseppe. Time varying parameters and
exchange rate forecasting. 14p.
26 De Vincenti, Claudio & Mulino, Marcella. Stabilisation and
output decline in previously planned economies: a model of
imperfect competition and credit ratio. 33p.
16 Guerrieri, Paolo. New indicators of price competitiveness
and effective exchange rates. 19p.
13 Guerrieri, Paolo. Trade patterns of Eastern Europe and
European economic integration. 20p.
17 Nuti, D. Mario & Pisani-Ferry, Jean. Post-Soviet issues:
stabilization, trade and money. 26p.
15 Sabani, Laura. Financial intermediation and the dynamic
efficiency of financial systems: long term commitments
without binding con. 28p.
12 Simonazzi, Annamaria. On the independence of the central
bank: reflections on post-war U.S. experience. 29p.
PAGE 116
11 De Cecco, Marcello & Giavazzi, Francesco. Inflation and
stabilization in Italy: 1946-1951. 30p.
27 Tropeano, Domenica. Exchange rate regimes and monetary
policy: the Swedish discussion in the interwar period. 20p.
37 Bubula, Andrea & De Arcangelis, Guiseppe. Speculative
bubbles and excess returns in European exchange rates:
evidence from a non-parametric approach. 41p.
36 De Arcangelis, Guiseppe & Gandolfo, Giancarlo. The exchange
rate as a nonlinear economic variable. 20p.
35 Grassinger, Robert. Network effects with heterogeneous
money users: currency competition versus currency union.
36p.
40 Petit, Maria-Luisa & Sanna-Randaccio, Francesca. R & D
competition and firms' international expansion. 35p.
38 Federici, Daniela. Fiscal policy in a currency area. 21p.
39 Dehejia, Vivek H. Optimal restructuring under a political
constraint: a general equilibrium approach. 24p.
41 Padoan, Pier Carlo. Technology accumulation and diffusion:
is there a regional dimension?. 36p.
42 Trionfetti, Federico. Government procurement, international
specialization, and income inequality. 41p.
UNIVERSITY OF SAARLAND. Department of Economics.
9605 Meinhardt, Holger & Ostmann, Axel. Competition for the
first move in cooperative TU-CPR games. 14p.
9701 Sanlaville, Eric & Schmidt, Gunter. Machine scheduling with
availability constraints. 28p.
SANTA FE INSTITUTE. Economics Research Program.
9693 Arthur, W. Brian, et al. Asset pricing under endogenous
expectations in an artificial stock market. 27p.
9675 Bak, P., Paczuski, M. & Shubik, M. Price variations in a
stock market with many agents. 58p.
9622 Blume, Lawrence E. Population games. 33p.
9618 Brock, William A. Asset price behaviour in complex
environments. 36p.
9684 Brock, William A. & de Fontnouvelle, Patrick. Expectational
diversity in monetary economies. 47p.
9692 Chwe, Michael Suk-Young. Structure and strategy in
collective action: communication and coordination in social
networks. 52p.
9669 Durlauf, Steven N. Statistical mechanics approaches to
socioeconomic behavior. 35p.
9620 Ioannides, Yannis M. Evolution of trading structures. 35p.
9648 Kollman, Ken, Miller, John H. & Page, Scott E.
Computational political economy. 26p.
9621 Krugman, Paul. How the economy organizes itself in space: a
survey of the new economic geography. 40p.
9643 Lindgren, Kristian. Evolutionary dynamics in game theory
models. 30p.
9619 Manski, Charles F. Identification of anonymous endogenous
interactions. 26p.
PAGE 117
9678 Manski, Charles F. Treatment under ambiguity. 30p.
9653 Pafgett, John F. The emergence of simple ecologies of
skill: a hypercycle approach to economic organization. 22p.
9711 Barnett, William A., et al. A single-blind controlled
competition among tests for nonlinearity and chaos. 53p.
9731 Brock, William A. & Durlauf, Steven N. A formal model of
theory choice in science. 27p.
9706 Gintis, Herbert. A Markov model of production, trade, and
money: theory and artificial life simulation. 30p.
9747 Durlauf, Steven N. The memberships theory of inequality:
ideas and implications. 30p.
9743 Durlauf, Steven N. Reflections on how economic reasoning
can contribute to the study of science. 23p.
9741 Hays, Jude & Richards, Diana. Dynamics of games: aggregate
stability and individual learning rules. 37p.
9752 McIntyre, Lee. Complexity: a philosopher's reflections.
20p.
9742 Richards, Diana & Hays, Jude C. Navigating a nonlinear
environment: an experimental study of decision making in a
chaotic setting. 37p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
96-6 Bohm, Peter & Sonnegard, Joakim. Efficient markets with few
single-unit traders: theory and experiments. 33p.
96-7 Bohm, Peter & Sonnegard, Joakim. Political stock markets
when polls are known to be unreliable. 30p.
97-1 Erixon, Lennart. The golden age of the Swedish model: the
coherence between capital accumulation and economic policy
in Sweden in th. 83p.
97-3 Lindblad, Hans. Persistence in Swedish unemployment rates.
34p.
97-2 Restad, Tomas. A long-run simulation model for the Swedish
economy: the LRS model. 24p.
96-5 Sonnegard, Joakim. An experimental examination of
parallelism in single-unit Vickrey and English auctions.
43p.
97-4 Mellin, Stefan. Inflation target instability and interest
rates. 31p.
97-5 Bohm, Peter & Carlen, Bjorn. Emissions quota trade among
the few: laboratory evidence of joint implementation among
committed countries, the com. 38p.
97-6 Oscarsson, Eva. Trade and relative wages in Sweden 1968-91.
42p.
97-8 Arai, Mahmood & Kinnwall, Mats. Macroeconomic instability
and growth: panel data analysis of causal and cyclical
patterns. 26p.
97-7 Hackner, Jonas & Nyberg, Sten. Rent-control and prices of
owner occupied housing. 16p.
97-9 Oxenstierna, Gabriel C. An asymmetric oligopoly model and a
method for its empirical application. 23p.
9710 Dufwenberg, Martin & Lundholm, Michael. Social norms and
moral hazard. 22p.
9711 Lin, Xiang. Central bank independence, economic behavior,
and optimal term length: comment. 15p.
PAGE 118
9712 Lin, Xiang. Optimal inflation targets, inflation contracts
and political cycles. 28p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
607 Acemoglu, Daron & Zilibotti, Fabrizio. Agency costs in the
process of development. 39p.
611 Frankel, Jeffrey A. & Rose, Andrew K. Economic structure
and the decision to adopt a common currency. 59p.
609 Hassler, John & Lindbeck, Assar. Optimal actuarial fairness
in pension systems: a note. 15p.
617 Linbeck, Assar. Full employment and the welfare state.
22p.
616 Lindbeck, Assar. The West European employment problem.
30p.
608 Lindbeck, Assar, Nyberg, Sten & Weibull, Jurgen W. Social
norms, the welfare state, and voting. 33p.
610 Svensson, Jakob. Collusion among interest groups: foreign
aid and rent-dissipation. 30p.
615 Svensson, Lars E.O. Inflation forecast targeting:
implementing and monitoring inflation targets. 35p.
614 Svensson, Lars E.O. Price level targeting vs. inflation
targeting: a free lunch?. 28p.
613 Persson, Mats, Persson, Torsten & Svensson, Lars E.O. Debt,
cash flow and inflation incentives: a Swedish example. 41p.
612 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Separation of powers and accountability: towards a formal
approach to comparative politics. 39p.
597 Burda, Michael C. Migration and the option value of
waiting. 24p.
596 Burda, Michael C. Unions and wage insurance. 35p.
606 Gylfason, Thorvaldur. Output gains from economic
stabilization. 29p.
603 Hassler, John. Regime shifts and volatility spillovers on
international stock markets. 20p.
604 Lindbeck, Assar. Incentives in the welfare-state; lessons
for would-be welfare states. 31p.
605 Lindbeck, Assar & Snower, Dennis J. Reorganization of firms
and labor market inequality. 13p.
602 Lindbeck, Assar & Snower, Dennis J. Restructuring
production and work. 42p.
601 Persson, Joakim. Convergence in per capita income and
migration across the Swedish counties, 1906-1990. 35p.
599 Stennek, Johan. Competition reduces x-inefficiency: a note
on a limited liability mechanism. 28p.
598 Stennek, Johan. Consumer's welfare and change in stochastic
partial equilibrium price. 25p.
600 Svensson, Jakob. When is foreign aid policy credible?: aid
dependence and conditionality. 40p.
626 Anderson, James E. Revenue neutral trade reform with many
households, quotas and tariffs. 33p.
627 Blix, Marten. Rational expectations in a VAR with Markov
switching. 37p.
623 Hassler, John & Rodriguez Mora, Jose V. Employment turnover
and unemployment insurance. 36p.
PAGE 119
624 Lagerlof, Nils-Petter. Strategic saving and non-negative
gifts. 20p.
620 Lindbeck, Assar & Snower, Dennis J. Centralized bargaining,
multi-tasking, and work incentives. 42p.
622 Lindbeck, Assar. Incentives and social norms in household
behavior. 12p.
618 Ortega, Javier. How (good) immigration is: a matching
analysis. 30p.
619 Persson, Joakim & Malmberg, Jo. Human capital, demographics
and growth across the U.S. states, 1920-1990. 20p.
621 Soderlind, Paul & Svensson, Lars E.O. New techniques to
extract market expectations from financial instruments.
47p.
625 Svensson, Lars E.O. Inflation targeting: some extensions.
43p.
TEL-AVIV UNIVERSITY. Foerder Institute of Economic Research.
31/96 Bebchuk, Lucian A. & Ben-Shahar, Omri. Pre-contractual
reliance. 43p.
30/96 Ben-Shahar, Omri. Scientific information and products
liability: an economic analysis. 28p.
29/96 Berkovitch, Elazar, Israel, Ronen & Spiegel, Yossef.
Managerial compensation and capital structure. 40p.
32/96 Ben-David, Dan & Loewy, Michael B. Free trade and long-run
growth. 34p.
33/96 Ben-David, Dan, Lumsdaine, Robin L. & Papell, David H. Unit
roots, postwar slowdowns and long-run growth: evidence from
two structural breaks. 24p.
34/96 Hadar, Yosi & Pines, David. Are large cities too large?: a
contribution to the debate. 76p.
41/96 Ben-David, Dan & Papell, David H. Structural change and
international trade. 14p.
36/96 Cukierman, Alex. The economics of central banking. 55p.
37/96 Cukierman, Alex. Targeting monetary aggregates and
inflation in Europe. 29p.
42/96 Dahan, Momi & Tsiddon, Daniel. Demographic transition,
income distribution and economic growth. 37p.
43/96 Fershtman, Chaim & Gneezy, Uri. Strategic delegation: an
experiment. 31p.
44/96 Kaplan, Todd & Wettstein, David. Cost sharing: efficiency
and implementation. 23p.
38/96 Loungani, Prakash, Razin, Assaf & Yuen, Chi-Wa. Capital
mobility and the output-inflation tradeoff. 23p.
39/96 Piccione, Michele & Rubinstein, Ariel. The absent minded
driver's paradox: synthesis and responses. 15p.
35/96 Razin, Assaf & Sadka, Efraim. Tax burden and migration: a
political economy perspective. 11p.
40/96 Sorensen, Bent E. & Yosha, Oved. International risk sharing
and European monetary unification. 29p.
3/97 Ben-David, Dan & Loewy, Michael B. Knowledge dissemination,
capital accumulation, trade, and endogenous growth. 26p.
45/96 Chakravorti, Bhaskar & Spiegel, Yossef. A Posnerian model
of entry into regulated markets. 47p.
PAGE 120
1/97 Kaganovich, Michael & Zilcha, Itzhak. Education, social
security and growth. 38p.
4/97 Osborne, Martin J. & Rubinstein, Ariel. Games with
procedurally rational players. 19p.
2/97 Pines, David. Specialization and trade: the perspective of
club and local public good theories. 42p.
7/97 Burdzy, Krzysztof, Frankel, David M. & Pauzner, Ady. Fast
equilibrium selection by rational players living in a
changing world. 38p.
8/97 Burdzy, Krzysztof, Frankel, David M. & Pauzner, Ady. On the
time and direction of stochastic bifurcation. 21p.
5/97 Eldor, Rafael & Zilcha, Itzhak. Firms under tax asymmetry:
price uncertainty and hedging. 19p.
10/97 Heifetz, Aviad & Minelli, Enrico. Informational smallness
in rational expectations equilibria. 29p.
9/97 Hercowitz, Zvi. The "embodiment" controversy. 9p.
11/97 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
deficits and capital flows in East Asia and Latin America:
are the 90s different from the early 80s. 50p.
13/97 Razin, Assaf & Yuen, Chi-Wa. Income convergence within an
economic union: the role of factor mobility and
coordination. 30p.
12/97 Razin, Assaf, Sadka, Efraim & Yuen, Chi-Wa. A pecking order
of capital inflows and international tax principles. 37p.
6/97 Sauer, Robert M. Educational debt, loan forgiveness and
adverse selection in the market for lawyers. 44p.
14/97 Ben-Shahar, Omri. Should products liability be based on
hindsight?. 42p.
18/97 Ber, Hedva, Yafeh, Yishay & Yosha, Oved. Conflict of
interest in universal banking: evidence from the past issue
performance of IPO firms. 33p.
15/97 Flanders, M. June. Left- and right-endogenous money: a tale
of two books. 22p.
17/97 Glazer, Jacob & Rubinstein, Ariel. Debates and decisions:
on a rationale of argumentation rules. 17p.
16/97 Sorensen, Bent E. & Yosha, Oved. Federal insurance of U.S.
states: an empirical investigation. 18p.
23/97 Cornelli, Francesca & Yosha, Oved. Stage financing and the
role of convertible debt. 36p.
24/97 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
22/97 Eckstein, Zvi, Mira, Pedro & Wolpin, Kenneth I. A
quantitative analysis of Swedish fertility dynamics,
1751-1990. 33p.
27/97 Fishman, Arthur & Rob, Rafael. An equilibrium model of firm
growth and industry dynamics. 25p.
21/97 Gandal, Neil, Kende, Michael & Rob, Rafael. The dynamics of
technological adoption in hardware/software systems: the
case of compact disc players. 39p.
25/97 Milesi-Ferretti, Gian Maria & Razin, Assaf. Origins of
sharp reductions in current account deficits: an empirical
analysis. 16p.
20/97 Razin, Assaf & Sadka, Efraim. Globalization: public
economics policy perspectives. 17p.
PAGE 121
26/97 Rubinstein, Ariel. Definable preferences: an example. 11p.
19/97 Weiss, Yoram & Fershtman, Chaim. Social status and economic
performance: a survey. 17p.
UNIVERSITY OF TOKYO. Faculty of Economics.
9624 Horiuchi, Akiyoshi. Financial fragility and recent
developments in the Japanese safety net. 48p.
9620 Ihori, Toshihiro. Environmental externalities, growth and
consumption taxes. 42p.
9623 Kamiya, Hidehiko & Takemura, Akimichi. Global cross section
and its associated decomposable distributions. 36p.
97-2 Lee, Chunli & Fujimoto, Takahiro. Different strategies of
localization in the Chinese auto industry: the cases of
Shanghai Volkswagen & Tianjin Daiha. 18p.
97-3 Mochida, Nobuki. Revenue, expenditure, and
intergovernmental transfer in Japan. 39p.
9625 Nichimura, Kiyohiko G. & Nakayama, Yuji. Competition in
distribution channels and macroeconomic equilibrium under
nominal demand shocks. 44p.
9622 Okazaki, Tetsuji & Okuno-Fujiwara, Masahiro. Evolution of
economic systems: the case of Japan. 48p.
9621 Saguchi, Kazuro. The Japanese employment system and
meritocracy in a historical perspective. 15p.
97-1 Tabuchi, Takatoshi. Interregional differentials in wage,
income, land value, and consumer price index. 12p.
9717 Ando, Fumie & Takahashi, Nobuo. Value creation through
organizational learning. 21p.
9713 Fujimoto, Takahiro. The Japanese automobile supplier
system: framework, facts, and reinterpretation. 51p.
9716 Fujimoto, Takahiro. A preliminary note on comparative lean
production: revisiting the case of automobile body buffer
management. 46p.
9712 Fujimoto, Takahiro. Shortening lead time through early
problem solving: a new round of capability building
competition in the auto indu. 41p.
9711 Fukuda, Shin-ichi. Multiple equilibria in the endogenous
economic growth model with the cash in advance constraint.
21p.
97-6 Fukuda, Shin-ichi & Kano, Takashi. International price
linkage within a region: the case of East Asia. 29p.
97-4 Horiuchi, Akiyoshi & Shimizu, Katsutoshi. An analysis of
the issue who monitors the monitor: the impact of amakudari
on bank performances. 45p.
97-7 Hoshino, Nobuaki & Takemura, Akimichi. On reduction of
finite sample variance by extended Latin hypercube sampling.
24p.
9715 Ihori, Toshihiro & Itaya, Jun-ichi. A dynamic model of
fiscal reconstruction. 33p.
97-9 Ihori, Toshihiro & Itaya, Jun-ichi. Dynamic provision of
public goods as environmental externalities. 29p.
9724 Iwai, Katsuhito. Persons, things and corporations: the
corporate personality controversy and comparative corporate
governance. 60p.
PAGE 122
97-8 Kamiya, Kazuya & Ichimura, Hidehiko. A revealed preference
theory for nonexpected utility on "certain x uncertain"
consumption pairs. 31p.
9720 Kubokawa, Tatsuya. Double shrinkage estimation of common
coefficients in two regression equations with
heteroscedasticity. 19p.
9714 Kubokawa, Tatsuya. The Stein phenomenon in simultaneous
estimation: a review. 24p.
9723 Kubokawa, Tatsuya & Srivastava, M.S. Robust improvements in
estimation of mean and covariance matrices in elliptically
countoured distribution. 24p.
9722 Kuriki, Satoshi & Takemura, Akimichi. James-Stein type
estimator by shrinkage to closed convex set with smooth
boundary. 28p.
9710 Matsushima, Hitoshi. Bounded rationality in economics: a
game theorist's view. 26p.
9721 Matsushima, Hitoshi. Procedural rationality and inductive
learning I: towards a theory of subjective games. 42p.
9718 Okazaki, Tetsuji & Okuno-Fujiwara, Masahiro. Evolution of
economic systems: the case of Japan. 60p.
9719 Okazaki, Tetsuji & Korenaga, Takafumi. The foreign exchange
allocation policy in postwar Japan: its institutional
framework and function. 51p.
97-5 Shibata, Tokutaro. The Great Depression and modern
capitalism. 56p.
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
9610 Kimmel, Sheldon. Lowering price by buying competitors in
order to shut them down. 10p.
96-9 Raskovitch, Alexander. Contracts to mitigate deadweight
loss. 7p.
9611 Werden, Gregory J. Demand elasticities in antitrust
analysis. 50p.
96-8 Werden, Gregory J. & Froeb, Luke M. The entry inducing
effects of horizontal mergers. 17p.
97-3 Crooke, Philip, et al. Effects of the assumed demand system
on simulated postmerger equilibria. 15p.
97-1 Froeb, Luke M. & Werden, Gregory J. A robust test for
consumer welfare enhancing mergers among sellers of a
homogeneous product. 3p.
97-4 McCabe, Mark J. Analyzing welfare in related markets:
durable goods and aftermarkets. 10p.
97-2 Pittman, Russell. Competition law in Central and Eastern
Europe: five years later. 34p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9702 Roson, Roberto. Wage curves and capital mobility in a
general equilibrium model of Italy. 22p.
9707 Billio, Monica & Pelizzon, Loriana. Pricing options with
switching volatility. 26p.
9706 Brugiavini, Agar. Social security and retirement in Italy.
65p.
PAGE 123
9709 Brugiavini, Agar & Brunello, Giorgio. An empirical analysis
of interfirm mobility in Italy. 42p.
9710 Gottardi, Piero & Yanelle, Marie-Odile. Financial
innovation and competition among intermediaries. 34p.
9705 Hazari, Bharat R. & Sgro, Pasquale M. Foreign capital
inflow and regional immiserization. 14p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
97-2 Kennedy, Peter W. Learning about environmental damage:
implications for emissions trading. 27p.
97-1 Luo, Guo Ying. The evolution of money as a medium of
exchange. 41p.
97-5 Kennes, John. Entrepreneurs in search equilibrium. 31p.
97-4 Kennes, John. Matching inexperience with experience. 32p.
97-3 Kennes, John. Underemployment, unemployment, and job
vacancy dynamics. 23p.
97-8 Giles, David E.A. The hidden economy and the tax-gap in New
Zealand: a latent variable analysis. 39p.
97-6 Kennedy, Peter W. & King, Ian P. Human capital vintages,
coordination and economic progress. 46p.
97-7 Zhang, Anming. An analysis of import protection as export
promotion under economies of scale. 25p.
9709 Engineer, Merwan & Welling, Linda. Human capital, true love
and gender roles: is sex destiny?. 33p.
9714 Ferguson, Donald G., Jones, J.C.H. & Stewart, Kenneth G.
Competition within a cartel: league conduct and team conduct
in the market for baseball player services. 17p.
9710 Giles, David E.A. The rise and fall of the New Zealand
underground economy: are the responses symmetric?. 14p.
9711 Miyagawa, Shigeyoshi & Morita, Yohji. The relative
importance of the money and the credit channel of the
transmission mechanism of monetary policy. 11p.
9713 Stewart, Kenneth G. & Jones, J.C.H. Hedonics, implicit
markets, and demand analysis: the implicit demand for
baseball player characteristics. 17p.
9712 Zhang, Anming & Zhang, Yimin. Concession revenue and
optimal airport pricing. 16p.
UNIVERSITY OF VIENNA. Department of Economics.
9609 Clemenz, Gerhard. Moral hazard and credit rationing: a role
for research joint ventures?. 23p.
9610 Gotz, Georg. Monopolistic competition and the diffusion of
new technology. 25p.
9611 Gotz, Muriel & Summer, Martin. Verifying reports with a
self interested auditor. 20p.
9608 Kirchsteiger, Georg & Puppe, Clemens. On the possibility of
efficient private provision of public goods through
government subsidies. 21p.
9206 Neusser, Klaus. Dynamics of total factor productivities.
43p.
9612 Scheicher, Martin. Asset pricing with time-varying
covariances: evidence for the German stock market. 28p.
PAGE 124
9406 Sorger, Gerhard. Boundedly rational chaos: an example of a
self-fulfilling mistake. 26p.
9616 Dierker, Egbert & Grodal, Birgit. The price normalization
problem in imperfect competition and the objective of the
firm. 27p.
9705 Gugler, Klaus. Investment spending in Austria: asymmetric
information versus managerial discretion. 34p.
9701 Kerschbamer, Rudolf & Tournas, Yanni. Excess capacity as an
incentive device. 47p.
9704 Kerschbamer, Rudolf & Kirschsteiger, Georg. Theoretically
robust but empirically invalid?: an experimental
investigation into tax equivalence. 27p.
9702 Kerschbamer, Rudolf & Puppe, Clemens. Voluntary
contributions when the public good is not necessarily
normal. 28p.
9703 Ramsauer, Andreas. Decentralized trading and the Walrasian
outcome: on the impact of quality heterogeneity. 43p.
9706 Dierker, Egbert & Grodal, Birgit. Shareholders' surplus,
profits, and the maximization of shareholders' real wealth.
28p.
9709 Kara, Ahmet. Necessary and sufficient conditions for the
transitivity of majority decision with generalized
preferences. 32p.
9708 Kara, Ahmet. A paradox of social rationality: are there
contexts where individual irrationality is more conducive
than individua. 14p.
9707 Krasa, Stefan. Efficiency with incomplete information.
31p.
UNIVERSITY OF VIENNA. Zentrum fur Int'l. & Interdis. Studien.
3 Freeman, John R. Democracy and international finance: an
experimental study. 46p.
2 Stark, Oded, Helmenstein, Christian & Prskawetz, Alexia. A
brain gain with a brain drain. 10p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
277 Anderson, Lisa R. & Holt, Charles A. Information cascades
in the laboratory. 32p.
276 Anderson, Simon P., de Palma, Andre & Thisse,
Jacques-Francois. Privatization and efficiency in a
differentiated industry. 27p.
278 Holt, Charles A. & Laury, Susan K. Classroom games:
voluntary provision of a public good. 9p.
275 John, Andrew & Ravikumar, B. The wealth of species:
biodiversity and medical knowledge. 38p.
279 Anderson, Simon P. & Ginsburgh, Victor A. International
pricing with costly consumer arbitrage. 25p.
282 Anderson, Simon P., Goeree, Jacob K. & Ramer, Roald.
Location, location, location. 30p.
283 Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A.
Rent seeking with bounded rationality: an analysis of the
all-pay auction. 25p.
PAGE 125
281 Brien, Michael J. & Willis, Robert J. Estimating the child
support potential of nonresident fathers and the partners of
welfare mothers. 39p.
284 Easterly, William & Levine, Ross. Africa's growth tragedy:
policies and ethnic divisions. 48p.
280 Gurmu, Shiferaw. Semiparametric estimation of hurdle
regression models with an application to Medicaid
utilization. 34p.
290 Anderson, Simon P. & Schmitt, Nicolas. Non-tariff barriers
and trade liberalization. 45p.
286 Capra, C. Monica & Holt, Charles A. Classroom games:
coordination. 10p.
287 Gurmu, Shiferaw, Rilstone, Paul & Stern, Steven.
Semiparametric estimation of count regression models. 52p.
285 Holt, Charles A. & Capra, C. Monica. Classroom games: a
prisoner's dilemma. 11p.
289 Johnson, William R. & Neal, Derek. Basic skills and the
black-white earnings gap. 29p.
288 Strahan, Philip E. & Weston, James P. Small business
lending and the changing structure of the banking industry.
32p.
293 Brien, Michael J., Lillard, Lee A. & Waite, Linda J.
Cohabitation, marriage, and non-marital fertility. 56p.
295 Brien, Michael J. & Swann, Christopher A. Prenatal WIC
participation and infant health: selection and maternal
fixed effects. 65p.
294 Elder, John R. The effects of uncertainty regarding
monetary policy: a heteroskedastic vector autoregression
analysis. 37p.
291 Ihrig, Jane & McIntyre, Kevin H. Foreign direct investment
and the real exchange rate: the business cycle link. 34p.
292 Lillard, Lee A., Brien, Michael J. & Panis, Constantijn W.A.
The value of an annuity: when payments and survival
probabilities depend on future events. 40p.
296 Davis, Douglas D. & Holt, Charles A. Conspiracies and
secret discounts in laboratory markets. 37p.
298 Early, Dirk W. & Olsen, Edgar O. Rent control and
homelessness. 34p.
297 Levine, Ross & Zervos, Sara. Stock markets, banks, and
economic growth. 86p.
299 Boyd, John H., Levine, Ross & Smith, Bruce D. Inflation and
financial market performance. 54p.
301 Ihrig, Jane & Moe, Karine S. Government policies, informal
employment and growth. 28p.
300 Levine, Ross. Law, finance, and economic growth. 42p.
304 Anderson, Simon P., Goeree, Jacob K. & Holt, Charles A.
Stochastic game theory: adjustment to equilibrium under
bounded rationality. 36p.
302 Ball, Sheryl B. & Holt, Charles A. Speculation and bubbles
in a classroom asset market. 15p.
303 Kreider, Brent. Labor force responsiveness to Social
Security Disability Insurance. 38p.
UNIVERSITY OF WARWICK. Department of Economics.
447 Clements, Michael P. & Hendry, David F. Multi-step
estimation for forecasting. 32p.
PAGE 126
444 Dhillon, Amrita & Petrakis, Emmanuel. On centralized
bargaining in a symmetric oligopolistic industry. 19p.
446 Herrendorf, Berthold. Importing credibility through
exchange rate pegging. 12p.
443 Rankin, Neil. Is delegating half of demand management
sensible?. 17p.
442 Smith, Jeremy, Taylor, Nick & Yadav, Sanjay. Comparing the
bias and misspecification in ARFIMA models. 36p.
445 Zhang, Lei. Taxing economic rents in oil production: an
assessment of UK petroleum revenue tax. 36p.
448 Arulampalam, Wiji, Booth, Alison L. & Elias, Peter.
Modeling work-related training and training effects using
count data techniques. 33p.
449 Coulombe, H., McKay, A.D. & Round, J.I. Estimating the
contribution of informal sector activity to the gross
domestic product of Ghana. 41p.
451 Herrendorf, Berthold. Why inflation targeting may partly
substitute for explicit precommitment. 24p.
450 Herrendorf, Berthold & Lockwood, Ben. Rogoff's
`conservative' central banker restored. 22p.
UNIVERSITY OF WASHINGTON. Institute of Economic Research.
9713 Barzel, Yoram. Parliament as a wealth maximizing
institution: the right to the residual and the right to
vote. 31p.
9718 Brown, Gardner & Layton, David. Saving rhinos. 39p.
9716 Cremer, Jacques, Khalil, Fahad & Rochet, Jean-Charles.
Contracts and productive information gathering. 23p.
9715 Cremer, Jacques, Khalil, Fahad & Rochet, Jean-Charles.
Strategic information gathering before a contract is
offered. 41p.
9711 Deolalikar, Anil B. The demand for health services in a
developing country: the role of prices, service quality, and
reporting of illne. 31p.
9712 Deolalikar, Anil. Increasing school quantity versus quality
in a less developed country: impact on children from low and
high income . 21p.
9703 Eicher, Theo S. & Kalaitzidakis, Pantelis. The human
capital dimension to foreign direct investment: training,
adverse selection and firm location. 36p.
9704 Eicher, Theo S. & Turnovsky, Stephen J. Non-scale growth in
an open economy. 36p.
9702 Eicher, Theo S, & Turnovsky, Stephen J. Risk and financial
development: a comparative case study of Mexico and
Indonesia. 43p.
9701 Eicher, Theo S. & Turnovsky, Stephen J. Toward a general
model of economic growth. 34p.
9714 Ellis, Gregory M. & Halvorsen, Robert. Estimation of market
power in a nonrenewable resource industry. 24p.
9709 Grinols, Earl L. & Turnovsky, Stephen J. Consequences of
debt policy in a stochastically growing monetary economy.
39p.
9710 Grinols, Earl L. & Turnovsky, Stephen J. Risk, optimal
government finance, and monetary policies in a growing
economy. 42p.
PAGE 127
9708 Khalil, Fahad & Parigi, Bruno M. The loan size as a
commitment device. 21p.
9706 Kim, Chang-Jin & Nelson, Charles R. Friedman's plucking
model of business fluctuations: tests and estimates of
permanent and transitory components. 23p.
9707 Kim, Chang-Jin & Nelson, Charles R. Testing for mean
reversion in heteroskedastic data II: autoregression tests
based on Gibbs sampling augmented rando. 13p.
9705 Nelson, Charles R. & Murray, Christian J. The uncertain
trend in U.S. GDP. 31p.
9717 Zivot, Eric, Startz, Richard & Nelson, Charles R. Valid
confidence intervals and inference in the presence of weak
instruments. 31p.
WASHINGTON UNIVERSITY-ST. LOUIS. Center in Political Economy.
192 Boylan, Richard T. Can existing models of the political
process describe the relationship between input and output
tariffs?. 17p.
191 Boylan, Richard T. An optimal auction perspective on
lobbying. 30p.
194 Pollak, Robert A. & Winter, Eyal. Random matching in
marriage markets: stability is rare. 26p.
196 Schofield, Norman, et al. Multiparty electoral competition
in the Netherlands and Germany. 41p.
193 Shvetsova, Olga. The Duverger Law without two-partism.
36p.
195 Winter, Eyal & Zamir, Shmuel. An experiment with ultimatum
bargaining in a changing environment. 41p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
210 Berliant, Marcus & Dakhlia, Sami. Sensitivity analysis for
applied general equilibrium models in the presence of
multiple equilibria. 24p.
209 Dakhlia, Sami. Testing for a unique equilibrium in applied
general equilibrium models. 17p.
208 Barnett, William A. Economic Journal's controversy section
article: which road leads to stable money demand?. 18p.
207 Barnett, William A. Statistics under the spotlight:
improving the consumer price index (w/ panel discussion).
13p.
UNIVERSITY OF WATERLOO. Department of Economics.
9613 Fung, Michael K.Y., Ho, Wai-Ming & Zhu, Lijing.
Macroeconomic control in the transforming Chinese economy:
an analysis of long run effect. 36p.
9611 Ho, Wai-Ming. Credit market imperfections and nominal
exchange rate regimes. 30p.
9612 Ho, Wai-Ming. Government spending, credit market
imperfections, and economic growth. 38p.
9610 Kerton, Robert R. Appropriate products in sustainable
development: two major policies of the United Nations. 23p.
PAGE 128
UNIVERSITY OF WESTERN ONTARIO. Department of Economics.
9614 Bowlus, Audra J. Generation X, search theory, and the
U.S.-Canadian unemployment rate and wage inequality gaps
during the 1980s. 32p.
9612 Che, Yeon-Koo & Chung, Tai-Yeong. Contract damage and
cooperative investments. 40p.
9613 Davies, James B. Wealth inequality and age. 30p.
9615 Flanders, M. June. Left and right endogenous money: a tale
of two books (by Horowitz and Wray). 22p.
9703 Aguirregabiria, Victor & Alonso-Borrego, Cesar. Employment
occupational structure, technological capital and
reorganization of production. 37p.
9704 Laidler, David. More on Hawtrey, Harvard and Chicago. 24p.
9701 Leith, J. Clark. Botswana's international trade policies.
24p.
9702 Leith, J. Clark. Growth and structural transformation in
Botswana. 20p.
UNIVERSITY OF WISCONSIN. Social Systems Research Institute.
9618 Akdeniz, Levent & Dechert, W. Davis. Do CAPM results hold
in a dynamic economy?: a numerical analysis. 29p.
9625 Arthur, W. Brian, et al. Asset pricing under endogenous
expectations in an artificial stock market. 27p.
9624 Brock, William A. & de Fontnouvelle, Patrick. Expectational
diversity in monetary economies. 47p.
9621 Brock, William A. & Hommes, Cars H. Hetergeneous beliefs
and routes to chaos in a simple asset pricing model. 43p.
9616 Durlauf, Steven N. Limits to science or limits to
epistemology?. 21p.
9617 Durlauf, Steven N. Statistical mechanics approaches to
socioeconomic behavior. 35p.
9622 El-Gamal, Mahmoud A. & Grether, David M. Unknown
heterogeneity, the EC-EM algorithm, and large T
approximation. 28p.
9623 Keller, Wolfgang. From socialist showcase to mezzogiorno?:
lessons on the role of technical change from East Germany's
post-World War. 21p.
9620r Keller, Wolfgang. Trade and the transmission of technology.
20p.
9619r Manksi, Charles F. Treatment under ambiguity. 30p.
9712 Andreoni, James. Toward a theory of charitable fundraising.
23p.
9707 Brock, William A. & Durlauf, Steven N. A formal model of
theory choice in science. 27p.
9706 Brock, William A. & Hommes, Cars H. Models of complexity in
economics and finance. 38p.
9714 Che, Yeon-Koo & Hausch, Donald B. Cooperative investments
and the value of contracting. 28p.
9716 Domowitz, Ian & El-Gamal, Mahmoud A. A consistent
nonparametric test of ergocidicity for time series with
applications. 45p.
PAGE 129
9711 Durlauf, Steven N. The memberships theory of inequality:
ideas and implications. 30p.
9709 Durlauf, Steven N. Reflections on how economic reasoning
can contribute to the study of science. 23p.
9704 El-Gamal, Mahmoud A. A Bayesian interpretation of extreme
estimators. 16p.
9705 El-Gamal, Mahmoud A. Can Islamic banking survive?: a
micro-evolutionary perspective. 22p.
9703 El-Gamal, Mahmoud A. & Grether, David M. A Monte Carlo
study of EC-estimation in panel data models with limited
dependent variables and heterogeneity. 16p.
9713 Evenett, Simon J. & Keller, Wolfgang. On theories
explaining the success of the gravity equation. 36p.
9702 Haile, Philip A. Auctions with resale markets: an
application to U.S. forest service timber sales. 54p.
9715 Jones, Larry E. & Manuelli, Rodolfo E. Policy uncertainty
and informational monopolies: the case of monetary policy.
62p.
9701 Keller, Wolfgang. Trade patterns, technology flows, and
productivity growth. 27p.
9708 Kennan, John. Repeated bargaining with persistent private
information. 46p.
9710 West, Kenneth D. & McCracken, Michael W. Regression-based
tests of predictive ability. 57p.
WORLD INSTITUTE FOR DEVELOPMENT ECONOMICS RESEARCH(United Nations)
121 Montes, Manuel F. Country responses to massive capital
flows. 51p.
120 Mwabu, Germano. Health effects of market-based reforms in
developing countries. 53p.
119 Nafziger, E. Wayne. The economics of complex humanitarian
emergencies: preliminary approaches and findings. 65p.
134 Appleton, Simon. User fees, expenditure restructuring and
voucher systems in education. 48p.
124 Bouatta, Cherifa. Evolution of the women's movement in
contemporary Algeria: organization, ojectives and prospects.
24p.
122 Cornia, Giovanni Andrea, et al. Long-term growth and
welfare in transitional economies: impact and demographic,
investment & social policy changes. 56p.
123 Edevbaro, Daniel. Promoting education within the context of
a neo-patrimonial state: the case of Nigeria. 64p.
132 Griffith-Jones, Stephany. Causes and lessons of the Mexican
peso crisis. 37p.
125 Honkkila, Juha. Privatization, asset distribution and
equity in transitional economies. 62p.
136 Montes, Manuel F. Viet Nam: transition as a socialist
project in East Asia. 49p.
127 Mwabu, Germano. User charges for health care: a review of
teh underlying theory and assumptions. 67p.
128 North, Douglass C. The process of economic change. 16p.
126 Paniccia, Renato. Economic shocks, impoverishment and
poverty-related mortality during the Eastern European
transition. 46p.
PAGE 130
131 Pastor, Manuel & Boyce, James K. The political economy of
complex humanitarian emergencies: lessons from El Salvador.
44p.
135 Pomfret, Richard & Anderson, Kathryn H. Uzbekistan: welfare
impact of slow transition. 42p.
133 Reisen, Helmut. Sustainable and excessive current account
deficits. 23p.
129 Satterthwaite, David. The scale and nature of international
donor assistance to housing, basic services and other human
settlements relat. 51p.
130 Ugaz, Cecilia. Decentralization and the provision and
financing of social services: concepts and issues. 34p.
WIDER - UNITED NATIONS UNIVERSITY. Annual Lectures Series.
1 North, Douglass C. The contribution of the new
institutional economics to an understanding of the
transition problem. 18p.
YALE UNIVERSITY. Economic Growth Center.
760 Fardmanesh, Mohsen. External shocks and structural
adjustments: a Dutch disease dynamic analysis. 25p.
761 Fardmanesh, Mohsen & Tan, Li. Wage and price control
policies in socialist transitional economies. 40p.
759 Hamada, Koichi. Consumers, the legal system and product
liability reform: a comparative perspective between Japan
and the U.S. 46p.
756 Hamada, Koichi. The economic consquences of a declining
hegemon. 49p.
757 Schultz, T. Paul & Tansel, Aysit. Wage and labor supply
effects of illness in Cote d'Ivoire and Ghana: instrumental
variable estimates for days disab. 43p.
755 Srinivasan, T.N. The common external tariff of a customs
union: alternative approaches. 32p.
762 Ranis, Gustav. Successes and failures of development
experience since the 1980s. 28p.
758 Ranis, Gustav. The trade-growth nexus in Taiwan's
development. 41p.
764 Hamada, Koichi. Japan 1968: a reflection point during the
era of the economic miracle. 42p.
763 McLaren, John. Corruption, black markets, and the fiscal
problem in LDCs: some recent findings. 22p.
766 McLaren, John. Supplier relations and the market context: a
theory of handshakes. 45p.
767 Srinivasan, T.N. Regionalism and the World Trade
Organization: is non-discrimination passe?. 29p.
765 Srinivasan, T.N. Trade and human rights. 38p.
769 Chase, Robert S. Baby boom or bust?: changing fertility in
post-Communist Czech Republic and Slovakia. 40p.
770 Chase, Robert S. Markets for Communist human capital:
returns to education and experience in the Czech Republic
and Slovakia. 37p.
768 Chase, Robert S. Women's labor force participation during
and after Communism: a case study of the Czech Republic and
Slovakia. 41p.
PAGE 131
771 Evenson, Robert E. Rice varietal improvement and
international exchange of rice germplasm. 42p.
773 Evenson, Robert E. & Huffman, Wallace B. Long-run
structural and productivity change in U.S. agricultural
effects of prices and policies. 37p.
774 Kaneko, Fumihiro. An outcome-oriented theory of choice and
empirical paradoxes in expected utility theory. 66p.
772 Ranis, Gustav. The microeconomics of "surplus labor". 24p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
1 Skreb, Marina Kesner. State intervention for growth
promotion in market economies. 29p.
2 Kulis, Danijela & Miljenovic, Zarko. Estimate of revenues
from the value added tax in the Republic of Croatia. 20p.
3 Bicanic, Ivo & Ott, Katarina. The unofficial economy in
Croatia: causes, size and consequences. 42p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
928 Brandenburger, Adam & Polak, Ben. When managers cover their
posteriors: making the decisions the markets want to see.
0p.
927 Fair, Ray C. Econometrics and presidential elections. 0p.
926 Phillips, Peter C.B. Econometric model determination. 0p.
930 Nordhaus, William D. & Yang, Zili. A regional dynamic
general equilibrium model of alternative climate change
strategies. 0p.
929 Shubik, Martin. Why equilibrium?: a note on the
noncooperative equilibria of some matrix games. 0p.
933 Andrews, Donald W.K. & Ploberger, Werner. Testing for
serial correlation against an ARMA (1,1) process. 0p.
931 Fair, Ray. Computing median unbiased estimates in
macroeconometric models. 0p.
934 Fair, Ray C. The effect of economic events on votes for
President: 1992 update. 0p.
932 Klevorick, Alvin K. The fractured unity of antitrust law
and the antitrust jurisprudence of Justice Stevens. 0p.
935 Klevorick, Alvin K. The race to the bottom in a federal
system: lessons from the world of trade policy. 0p.
936 Phillips, Peter C.B. & Lee, Chin Chin. Efficiency gains
from quasi-differencing under nonstationarity. 0p.
937 Tobin, James. The natural rate as new classical
macroeconomics. 0p.
938 Fair, Ray C. Computational methods for macroeconometric
models. 0p.
940 Fair, Ray C. & Howrey, E. Philip. Evaluating alternative
monetary policy rules. 0p.
941 Nordhaus, William D. & Popp, David. What is the value of
scientific knowledge?: an application to global warming
using the PRICE model. 0p.
939 Tobin, James. A currency transactions tax, why and how.
0p.
945 Andrews, Donald W.K. A stopping rule for the computation of
generalized method of moments estimators. 0p.
PAGE 132
943 Chao, John C. & Phillips, Peter C.B. An empirical Bayesian
approach to cointegrating rank selection and test of the
present value model for stock prices. 0p.
942 Jayawardene, A.K. & Shubik, M. Trade with assignats of
landbank money: equilibria in a finite-person strategic
market game. 0p.
944 Phillips, Peter C.B. Unit root tests. 0p.
946 Shiller, Robert J. Public resistance to indexation: a
puzzle. 0p.
947 Tobin, James. An overview of "Th